Organizations Filed Purposes:
TO PROVIDE LOW-INCOME HOUSING
THROUGH AUGUST 18, 2019, THE CORPORATION OPERATED A 30 UNIT APARTMENT COMPLEX IN SAN FRANCISCO, CA UNDER SECTION 202 OF THE NATIONAL HOUSING ACT FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS. ON AUGUST 19, 2019, THE APARTMENT COMPLEX WAS SOLD TO A LIMITED PARTNERSHIP THAT WILL REHABILITATE THE BUILDING FOR CONTINUED USE AS A LOW-INCOME HOUSING PROJECT. THE NOTE RECEIVABLE CARRIED BACK FROM THE SALE IS TO BE PAID SOLELY FROM FUTURE SURPLUS CASH GENERATED BY THE LIMITED PARTNERSHIP'S OPERATIONS OF THE LOW-INCOME HOUSING PROJECT, THE LIMITED PARTNER'S SECOND INSTALLMENT OF CAPITAL CONTRIBUTION, OR FROM SALE OR REFINANCING PROCEEDS RECEIVED BY THE LIMITED PARTNERSHIP.
PROVIDED GENERAL SUPPORT TO MISSION HOUSING DEVELOPMENT CORPORATION, A RELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, IN FURTHERANCE OF MHDC'S EXEMPT PURPOSE OF PROVIDING AFFORDABLE HOUSING TO LOW-INCOME FAMILIES, THE HANDICAPPED AND ELDERLY.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Sam Moss | Director | 0.1 | $0 |
| Jon Layman | Director | 0.1 | $0 |
| Marcia Contreras | CFO | 0.1 | $0 |
| Irving Gonzales | Secretary | 0.1 | $0 |
| Fernando Gomez-Benitez | VICE CHAIR | 0.1 | $0 |
| Josh Arce | Chair | 0.1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202020419349301672_public.xml