Midori Housing Corporation
- Assets
- $3.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 03/1996
- Data as of
- 06/2021
- EIN
- 94-3129466
Organization Overview
Midori Housing Corporation is located in San Francisco, CA. The organization was established in 1996. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midori Housing Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Midori Housing Corporation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOW-INCOME HOUSING TO MENTALLY ILL AND HOMELESS CLIENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LOW-INCOME HOUSING TO MENTALLY ILL AND HOMELESS CLIENTS AT MIDORI HOTEL LOCATED IN SAN FRANCISCO, CALIFORNIA
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ben Moerman Secretary | OfficerTrustee | 0.5 | $0 |
Eddie Rodriguez Treasurer | OfficerTrustee | 0.5 | $0 |
Rohan Bafna Chair | OfficerTrustee | 0.5 | $0 |
Zahid Jafry Vice Chair | OfficerTrustee | 0.5 | $0 |
Anne Quaintance Executive Director | Officer | 1 | $0 |
Ali Raheem Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $482,601 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $482,601 |
| Total Program Service Revenue | $492,858 |
| Investment income | $220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,023,763 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $405,058 |
| Pension plan accruals and contributions | $3,991 |
| Other employee benefits | $119,580 |
| Payroll taxes | $36,983 |
| Fees for services: Management | $48,048 |
| Fees for services: Legal | $15,499 |
| Fees for services: Accounting | $17,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $29,889 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $69,706 |
| Travel | $1,514 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,218 |
| Interest | $66,613 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,575 |
| Insurance | $17,556 |
| All other expenses | $0 |
| Total functional expenses | $1,154,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,678 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,963 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,432,316 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $656,967 |
| Total assets | $3,121,924 |
| Accounts payable and accrued expenses | $8,355 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,439,013 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $934 |
| Total liabilities | $6,448,302 |
| Net assets without donor restrictions | -$3,326,378 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,121,924 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sacramento Steps Forward Sacramento, CA | $15,140,259 | $24,231,781 |
Homeless Health Care Los Angeles Los Angeles, CA | $8,128,403 | $13,751,798 |
Midnight Mission Los Angeles, CA | $50,984,138 | $13,160,937 |
Bakersfield Homeless Center Bakersfield, CA | $13,790,228 | $12,306,523 |
Sacramento Loaves And Fishes Sacramento, CA | $12,311,750 | $9,677,845 |
Housing Matters Santa Cruz, CA | $19,917,319 | $18,340,191 |
Alameda Point Collaborative Inc Alameda, CA | $6,568,477 | $6,081,586 |
Solutions For Change Inc Vista, CA | $11,073,886 | $4,496,637 |
Family Supportive Housing Inc San Jose, CA | $13,712,623 | $4,496,794 |
Society St Vincent De Paul Alameda Oakland, CA | $6,655,222 | $6,341,865 |
Union Gospel Mission Sacramento, CA | $6,336,009 | $5,206,306 |
Gathering Inn Roseville, CA | $6,126,520 | $4,585,298 |