Mid-Peninsula Greenridge INC

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The organization is a managing general partner of 4 limited partnerships organized to provide quality,safe and affordable housing to low income individuals and families.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 94-3292584) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average deficit $4K a year · 1% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
99% of spending went to programs.
Pt IX · Ln 25 · col B
2.8 mo
of spending, in cash
2.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$24.0M
98% of total assets
Liabilities are 98% of assets.
Pt X · Ln 26
Independent board members
14
of 14 voting members
14 of 14 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$693K
+296% vs prior year
Spent
$938K
To programs
99%
Net assets
$451K
By yearFY2020–FY2024
Revenue
$693K
FY2024▲ +296%
Tap a bar for its year
Revenue by fiscal year
FY2020$100K
FY2021$156K
FY2022$139K
FY2023$175K
FY2024$693K
Expenses
$938K
FY2024▲ +816%
Tap a bar for its year
Expenses by fiscal year
FY2020$24K
FY2021$119K
FY2022$97K
FY2023$102K
FY2024$938K
Net assets
$451K
FY2024▼ -35%
Tap a bar for its year
Net assets by fiscal year
FY2020$545K
FY2021$582K
FY2022$623K
FY2023$696K
FY2024$451K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $935K Management & general 0% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

22 people listed on the 990.

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
Vice Chairperson
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Mid-Peninsula Greenridge INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops and manages housing partnerships for low-income individuals and families.

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1 program · $935K · in their own filed words · FY2024
01

The organization is a general partner of mp Greenridge associates, mp south city, LP, and mp south city II, LP, and is the sole member of mp 2000 delaware LLC and mp delaware pacific, LLC which is the general partner of mp delaware pacific associates, LP.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 94-3292584) · Dispute this line
$935Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $570K · 2020–2024
Midpen Housing CorporationCA · FY2024$241,500
Midpen Housing CorporationCA · FY2023$99,000
Midpen Housing CorporationCA · FY2022$94,000
Midpen Housing CorporationCA · FY2021$115,000
Midpen Housing CorporationCA · FY2020$20,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$693K
Ln 12
Fees for servicesLn 2g$687K
Investment incomeLn 3$6K
Other incomeLn 4–11$158
Money outPt IX
$938K
Ln 25
Programscol B$935K
Managementcol C$3K
Owns and owesPt X
$451K
net assets · Ln 32
Cash and savingsLn 1–2$219K
Total assetsLn 16$24.4M
LiabilitiesLn 26$24.0M
PeoplePt VI, VII
22
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$687K
Investment incomeLn 3$6K
Other incomeLn 4–11$158
Total revenueLn 12$693K
Assets in detailPt X, end of year
CashLn 1$26K
SavingsLn 2$193K
Cash and savings togetherLn 1–2$219K
Accounts receivableLn 4$32K
Prepaid expenses and deferred chargesLn 9$7K
Land, buildings, equipmentLn 10c$23.2M
InvestmentsLn 11–13$43K
Intangible assetsLn 14$9K
Other assetsLn 15$900K
Total assetsLn 16$24.4M
LiabilitiesLn 26$24.0M
Net assetsLn 32$451K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$51K$219K
InvestmentsLn 11–13$43K$43K
Land, buildings, equipmentLn 10c$0$23.2M
Total assetsLn 16$700K$24.4M
LiabilitiesLn 26$4K$24.0M
Net assetsLn 32$696K$451K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$242K$242K
Other salaries and wagesLn 7$16K$16K
Other employee benefitsLn 9$2K$2K
Payroll taxesLn 10$730$730
Accounting feesLn 11c$3K$3K
Advertising and promotionLn 12$97$97
Office expensesLn 13$7K$7K
Conferences, conventions and meetingsLn 19$6K$6K
InterestLn 20$285K$285K
Depreciation, depletion and amortizationLn 22$146K$146K
InsuranceLn 23$19K$19K
Other expenses (24a–d)Ln 24$145K$145K
All other expensesLn 24e$66K$66K
Total functional expensesLn 25$938K$935K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Oct 31, 2025 $693K$938K−$245K$451K 990 PDF
FY2023Filed with the IRS Nov 8, 2024 $175K$102K$73K$696K 990 PDF
FY2022Filed with the IRS Nov 2, 2023 $139K$97K$41K$623K 990 PDF
FY2021Filed with the IRS Nov 1, 2022 $156K$119K$37K$582K 990 PDF
FY2020Filed with the IRS Nov 10, 2021 $100K$24K$76K$545K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $693,187 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $174,264$686,701
I-10 Investment incomePrior year $737$6,328
I-11 Other revenuePrior year $0$158
I-12 Total revenuePrior year $175,001$693,187
I-13 Grants and similar amounts paidPrior year $99,000$241,500
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$18,685
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $3,450$677,867
I-18 Total expensesPrior year $102,450$938,052
I-19 Revenue less expensesPrior year $72,551−$244,865
Part VI · Governance 14 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $693,187 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $686,701$686,701
VIII-3 Investment incomeExcluded from tax $6,328$6,328
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $158$158
VIII-12 Total revenueRelated to mission $686,859 · Unrelated business $0 · Excluded from tax $6,328$693,187
Part IX · Statement of functional expenses $938,052 across 13 lines filed
IX-1 Grants to domestic organizationsPrograms $241,500$241,500
IX-7 Other salaries and wagesPrograms $15,700$15,700
IX-9 Other employee benefitsPrograms $2,255$2,255
IX-10 Payroll taxesPrograms $730$730
IX-11c Accounting feesManagement $2,920$2,920
IX-12 Advertising and promotionPrograms $97$97
IX-13 Office expensesPrograms $7,372$7,372
IX-19 Conferences, conventions and meetingsPrograms $6,139$6,139
IX-20 InterestPrograms $285,257$285,257
IX-22 Depreciation, depletion and amortizationPrograms $146,176$146,176
IX-23 InsurancePrograms $18,788$18,788
IX-24 Other expenses (24a–d)Programs $145,479$145,479
IX-24e All other expensesPrograms $65,639$65,639
IX-25 Total functional expensesPrograms $935,132 · Management $2,920 · Fundraising $0$938,052
Part X · Balance sheet $24,414,568 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $50,913$26,130
X-2 Savings and temporary cash investments$192,942
X-4 Accounts receivableStart of year $28$32,189
X-9 Prepaid expenses and deferred chargesStart of year $0$6,954
X-10c Land, buildings and equipment, netStart of year $0$23,204,254
X-13 Program-related investmentsStart of year $42,709$42,641
X-14 Intangible assetsStart of year $0$9,262
X-15 Other assetsStart of year $606,368$900,196
X-16 Total assetsStart of year $700,018$24,414,568
X-17 Accounts payable and accrued expensesStart of year $2,555$123,986
X-19 Deferred revenueStart of year $0$14,083
X-23 Secured mortgages and notes payableStart of year $0$17,349,411
X-25 Other liabilitiesStart of year $1,500$6,475,990
X-26 Total liabilitiesStart of year $4,055$23,963,470
X-27 Net assets without donor restrictionsStart of year $695,963$451,098
X-32 Total net assets or fund balancesStart of year $695,963$451,098
X-33 Total liabilities and net assetsStart of year $700,018$24,414,568
Part XI · Reconciliation of net assets $451,098 net assets at year end
XI-1 Total revenue$693,187
XI-2 Total expenses$938,052
XI-3 Revenue less expenses−$244,865
XI-4 Net assets at start of year$695,963
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$451,098

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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