2025-11-17T18:27:56-06:00 2024-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2024-01-01 943365110 GLIDE ECONOMIC DEVELOPMENT CORPORATION GLID 4159247707 149 YOLO STREET CORTE MADERA CA 94925 MELVIN CARRIERE PRESIDENT/COO 4159247707 2025-11-17 1 0 JOE HUIE P00422192 4159579999 2024 2025-03-06 01:10:19Z MELVIN CARRIERE 149 YOLO STREET CORTE MADERA CA 94925 212935 0 X N/A X 2000 CA GEDC'S PRIMARY ACTIVITIES ARE THE OVERSIGHT AND MANAGEMENT OF AFFORDABLE HOUSING PROJECTS. 6 5 0 5 0 0 1615 2717 825002 210001 182 217 0 0 826799 212935 0 0 0 0 0 0 0 0 0 33063746 945616 33063746 945616 -32236947 -732681 1951009 2028768 1392728 2203168 558281 -174400 X GEDC WAS FORMED TO IMPROVE SOCIAL AND ECONOMIC CONDITIONS IN THE TENDERLOIN NEIGHBORHOOD OF SAN FRANCISCO. IN 2007, GEDC PURSUED AN OPPORTUNITY TO CREATE BOTH AFFORDABLE AND ASSISTIVE CHRONIC NEEDS HOUSING IN THE COMMUNITY. THE OPERATION OF THE TWO PROJECTS GEDC DEVELOPED AND THE PROVISION OF THE AFFORDABLE AND ASSISTIVE, CHRONIC NEEDS HOUSING ARE THE FOCUS OF ITS CURRENT ACTIVITIES. 0 0 903302 210001 THE ORGANIZATION DEVELOPED AND OPENED MASON STREET FAMILY HOUSING, WHICH PROVIDES 81 AFFORDABLE RENTAL UNITS IN THE TENDERLOIN AREA OF SAN FRANCISCO IN 2008. IT OWNED AND OPERATED THE UNITS AS THE GENERAL PARTNER OF MASON STREET AFFORDABLE HOUSING L.P. THE MASON STREET AFFORDABLE HOUSING L.P. WAS DISSOLVED IN 2023. THE ORGANIZATION ALSO COMPLETED THE CONSTRUCTION OF 149 MASON STREET HOUSING PROJECT, WHICH PROVIDES 56 HOUSING UNITS FOR THE CHRONICALLY HOMELESS IN DECEMBER 2009. IT CONTINUES TO OWN AND OPERATE THE UNITS AS THE GENERAL PARTNER OF MASON STREET HOUSING ASSOCIATES, L.P. 903302 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 1 1 0 CA X THE ORGANIZATION 4159247707 149 YOLO STREET CORTE MADERA CA 94102 X BRAD PAUL SECRETARY & TREASURER 0.25 X X 0 0 0 MELVIN CARRIERE PRESIDENT & COO 22.00 X X 0 0 0 THOMAS S BECHARD CHAIRMAN 0.25 X X 0 0 0 SEAN JEFFRIES DIRECTOR 0.25 X 0 0 0 JERRY VALLERY DIRECTOR 0.25 X 0 0 0 ROD HENMI DIRECTOR 0.25 X 0 0 0 0 0 0 0 0 0 0 MTA CONSULTING INC 149 YOLO STREET CORTE MADERA CA 94925 MANAGEMENT 126000 1 2717 2717 MANAGEMENT FEE 531390 210001 210001 210001 217 217 212935 210001 0 217 115028 82264 32764 9550 9550 1898 1898 LOSS FROM PARTNERSHIPS 818240 818240 TAXES AND FEES 800 800 FILING FEE 100 100 945616 903302 42314 0 215123 209948 525882 608816 210003 210003 1000001 1000001 1951009 2028768 26162 18362 1366566 2184806 1392728 2203168 X 558281 -174400 558281 -174400 1951009 2028768 -732681 0 X X 0 0 0 X 3069 60472 750 1615 2717 68623 88056 268056 180001 825002 210001 1571116 91125 328528 180751 826617 212718 1639739 0 0 0 1639739 177 190 218 182 217 984 177 190 218 182 217 984 91302 328718 180969 826799 212935 1640723 0.99940 0.99930 0.00060 0.00070 X 0 PARTNERSHIPS INVESTMENT (IN DEFICIT) 2184806 2184806 X 0 0 0 0 0 0 0 0 0 PART 1, LINE 3 AS DESCRIBED IN SCHEDULE L, GEDC PAID MTA CONSULTING INC. $126,000 FOR THE SERVICES OF MEL CARRIERE WHO SERVES AS PRESIDENT AND COO OF GEDC AND ALSO SERVES AS THE ASSET MANAGER FOR 149 MASON STREET PROJECT. MEL CARRIERE ALSO PERFORMS THE DUTIES OF THE MANAGING GENERAL PARTNER FOR 149 MASON STREET PROJECT AS DESCRIBED IN THE LIMITED PARTNERSHIP AGREEMENTS. MEL CARRIERE PRESIDENT AND COO 126000 MEL CARRIERE IS THE OWNER AND PRESIDENT OF MTA CONSULTING INC. GEDC PAID MTA CONSULTING INC. $126,000 FOR THE SERVICES OF MEL CARRIERE WHO SERVES AS PRESIDENT AND COO OF GEDC AND ALSO SERVES AS THE ASSET MANAGER FOR 149 MASON STREET PROJECT. 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES.THE BOARD FUNCTIONS AS A WHOLE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY PRESIDENT AND FINANCIAL MANAGER BEFORE FILING. ALL BOARD MEMBERS SUBSEQUENTLY RECEIVE A COPY OF THE FINAL FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CORPORATE BYLAWS ADDRESS BOARD'S DUTY OF CARE AND PROHIBITION OF SELF-DEALING. BOARD MEMBERS SELF IDENTIFY POTENTIAL CONFLICT OF INTEREST SITUATIONS AND RECUSE THEMSELVES WHEN SUCH CIRCUMSTANCES EXIST. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, AS PART OF THE BUDGETING PROCESS, THE PRESIDENT AND FINANCIAL MANAGER, WHO ARE UNRELATED INDEPENDENT CONTRACTORS, PROVIDE THE BOARD WITH INFORMATION ABOUT THE DUTIES, THE HOURLY FEES THEY CHARGE AND TOTAL AMOUNT THEY EXPECT TO CHARGE FOR THEIR SERVICES DURING THE COMING YEAR. THE BOARD CONSIDERS THE ESTIMATED FEES FOR THEIR SERVICES, DETERMINES WHETHER THE FEES ARE REASONABLE AND, IF SO, CONTINUES TO UTILIZE THEIR SERVICES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD'S OVERSIGHT PROCESS OF THE AUDIT AND THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED. FORM 990, PART V, LINE 1C: DURING THE TAX YEAR, THE ORGANIZATION DID NOT ENCOUNTER ANY SITUATIONS THAT WOULD REQUIRE BACKUP WITHHOLDING. MASON STREET HOUSING LLC 333 TAYLOR STREET SAN FRANCISCO CA 94102 680634114 MANAGING PARTNER OF MASON STREET HOUSING ASSOCIATES, LP CA 15000 -2012306 GLIDE ECONOMIC DEVELOPMENT CORPORATION GLIDE COMMUNITY HOUSING INC 333 TAYLOR STREET SAN FRANCISCO CA 94102 943237618 SUPPORTIVE HOUSING SERVICES AND OVERSIGHT OF CW GLIDE COMMUNITY HOUSE CA 501(C)(3) LINE 7 GLIDE COMMUNITY HOUSING INC 0 MASON STREET HOUSING ASSOCIATES LP 333 TAYLOR STREET SAN FRANCISCO CA 94102 680634117 AFFORDABLE HOUSING CA MASON STREET HOUSING LLC RELATED -611201 765149 0 1 0.00010 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1