Nonprofit · EIN 94-1738105
MIDPEN PROPERTY MANAGEMENT CORPORATION
Tax-exempt · FOSTER CITY, CA 94404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $15,273,446 | $13,760,729 | $1,512,717 | $10,778,977 | $4,518,597 | $6,260,380 |
| December 31, 2024 | 990 | $13,081,335 | $12,141,595 | $939,740 | $8,318,973 | $3,579,130 | $4,739,843 |
| December 31, 2023 | 990 | $11,867,517 | $10,916,469 | $951,048 | $7,240,418 | $3,435,820 | $3,804,598 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $58,091
- Program service revenue
- $15,077,417
- Investment income
- $137,938
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,970,252
- Other salaries and wages
- $4,708,673
- Salaries, compensation and benefits (total)
- $10,349,788
- Professional fundraising fees
- $0
- Legal fees
- $87,956
- Accounting fees
- $12,921
- Occupancy
- $176,149
- Travel
- $94,732
- Program services (functional)
- $7,694,956
- Management and general (functional)
- $6,065,773
Balance sheet and other
- Total assets, start of year
- $8,318,973
- Total assets, end of year
- $10,778,977
- Total liabilities, end of year
- $4,518,597
- Net assets, end of year
- $6,260,380
- Net assets without donor restrictions
- $6,260,380
- Gross receipts
- $15,273,446
- Employees
- 775
- Volunteers
- 0
- Year formed
- 1970
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW O FRANKLIN | CEO/PRESIDENT/ASST. SECRETARY Officer | 12 | $663,497 | $0 | $76,624 |
| MICHAEL J VERGURA | CFO / ASSISTANT SECRETARY Officer | 12 | $462,338 | $0 | $80,418 |
| ANN GOGGINS GREGORY | COO / ASSISTANT SECRETARY Officer | 12 | $467,204 | $0 | $38,029 |
| JOANNA L CARMAN | ASSISTANT SECRETARY Officer | 0 | $0 | $365,590 | $48,047 |
| ABIGAIL GOLDWARE POTLURI | ASSISTANT SECRETARY Officer | 0.1 | $354,074 | $0 | $57,138 |
| LANCE SMITH | VP/CORP. COUNSEL & BROKER/ASST. SECRETARY Officer | 5 | $332,367 | $0 | $65,784 |
| JENNIFER INGRAM | SVP OF COMMUNITY VALUES IMPACT & INNOVATION Highest-paid employee | 15 | $317,354 | $0 | $65,548 |
| AMY STEADMAN | ASSISTANT SECRETARY Officer | 12.5 | $325,182 | $0 | $56,743 |
| KYLE ATTENHOFER | SVP OF ASSET MANAGEMENT Highest-paid employee | 27 | $321,716 | $0 | $55,477 |
| FELIX AUYEUNG | VP OF BUSINESS DEVELOPMENT Highest-paid employee | 0 | $262,059 | $0 | $69,483 |
| KEVIN CHRISTOPHER GRIFFITH | VP OF HOUSING DEVELOPMENT Highest-paid employee | 0 | $271,121 | $0 | $59,079 |
| JOHN LIN | VP AND CONTROLLER Highest-paid employee | 15 | $280,762 | $0 | $14,983 |
| ERIC HARRISON | CHAIRPERSON Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| JESSICA GARCIA-KOHL | VICE CHAIRPERSON Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| ENRIQUE TORRES | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER MARTINEZ | SECRETARY Trustee or director, Officer | 0.3 | $0 |
| RENEE MCDONNELL | DIRECTOR Trustee or director | 0.3 | $0 |
| MELANIE MOCK | DIRECTOR Trustee or director | 0.3 | $0 |
| ELISA DE LAET JAGERSON | DIRECTOR Trustee or director | 0.3 | $0 |
| JENNIFER HICKS | DIRECTOR Trustee or director | 0.3 | $0 |
| CHAN U LEE | DIRECTOR Trustee or director | 0.3 | $0 |
| STEPHANIE SONNENSHINE | DIRECTOR Trustee or director | 0.3 | $0 |
| YUSEF FREEMAN | DIRECTOR Trustee or director | 0.3 | $0 |
| JONATHAN FEARN | DIRECTOR Trustee or director | 0.3 | $0 |
990 for the year ended December 31, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW O FRANKLIN | CEO/PRESIDENT/ASST. SECRETARY Officer | 12 | $643,737 | $0 | $72,431 |
| MICHAEL J VERGURA | CFO / ASSISTANT SECRETARY Officer | 12 | $473,242 | $0 | $77,467 |
| KASEY ARCHEY | ASSISTANT SECRETARY Officer | 44.8 | $432,459 | $0 | $25,464 |
| JOANNA L CARMAN | ASSISTANT SECRETARY Officer | 0 | $0 | $349,489 | $46,342 |
| ABIGAIL GOLDWARE POTLURI | ASSISTANT SECRETARY Officer | 0.1 | $330,028 | $0 | $56,916 |
| ANN GOGGINS GREGORY | COO / ASSISTANT SECRETARY Officer | 12 | $343,443 | $0 | $37,560 |
| JENNIFER INGRAM | SVP OF COMMUNITY VALUES IMPACT & INNOVATION Highest-paid employee | 15 | $313,973 | $0 | $64,115 |
| LANCE SMITH | VP/CORPORATE COUNSEL & BROKER/ASST. SECRETARY Officer | 5 | $310,371 | $0 | $64,680 |
| KYLE ATTENHOFER | SVP OF ASSET MANAGEMENT Highest-paid employee | 27 | $292,037 | $0 | $53,615 |
| MARI LYN HIKIDA | VP OF CORPORATE COMMUNICATIONS AND PUBLIC RELATION Highest-paid employee | 5 | $259,307 | $0 | $67,975 |
| FELIX AUYEUNG | VP OF BUSINESS DEVELOPMENT Highest-paid employee | 0 | $255,085 | $0 | $65,963 |
| CRAIG B YAPPERT | VP OF INFORMATION TECHNOLOGY Highest-paid employee | 15 | $253,338 | $0 | $62,651 |
| JANINE LIND | COO / ASSISTANT SECRETARY Officer | 12 | $298,361 | $0 | $9,883 |
| ERIC HARRISON | CHAIRPERSON Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| JESSICA GARCIA-KOHL | VICE CHAIRPERSON Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| JENNIFER MARTINEZ | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| ENRIQUE TORRES | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| YUSEF FREEMAN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| STEPHANIE SONNENSHINE | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| FAY SIEN GOON | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JONATHAN FEARN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| JENNIFER HICKS | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| ELISA DE LAET JAGERSON | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| CHAN U LEE | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| RENEE MCDONNELL | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| TERRY FREEMAN | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
| MELANIE MOCK | DIRECTOR Trustee or director | 0.3 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATTHEW O FRANKLIN | CEO/PRESIDENT/ASST. SECRETARY Officer | 12 | $638,082 | $54,523 |
| JANINE LIND | COO / ASSISTANT SECRETARY Officer | 12 | $487,916 | $45,469 |
| MICHAEL J VERGURA | CFO / ASSISTANT SECRETARY Officer | 12 | $424,941 | $59,660 |
| SHWETHA SUBRAMANIAN | CREDO / ASSISTANT SECRETARY Officer | 0.1 | $371,095 | $12,167 |
| KASEY ARCHERY | ASSISTANT SECRETARY Officer | 44.8 | $338,022 | $33,914 |
| LANCE SMITH | VP/CORPORATE COUNSEL & BROKER/ASST. Officer | 5 | $309,436 | $45,625 |
| TERRY HILL | SVP OF HUMAN RESOURCES Highest-paid employee | 12.5 | $295,653 | $52,457 |
| ANN GOGGINS GREGORY | SVP OF RESIDENT SERVICES Highest-paid employee | 0.1 | $320,231 | $23,896 |
| JENNIFER INGRAM | SVP OF EQUITY & INCLUSION Highest-paid employee | 15 | $294,919 | $43,905 |
| ALICE TALCOTT | SVP OF HOUSING FINANCE Highest-paid employee | 0 | $271,473 | $43,085 |
| KYLE ATTENHOFER | SVP OF ASSET MANAGEMENT Highest-paid employee | 27 | $267,625 | $36,863 |
| ERIC HARRISON | CHAIRPERSON Trustee or director, Officer | 0.3 | $0 | $0 |
| JESSICA GARCIA-KOHL | VICE CHAIRPERSON Trustee or director, Officer | 0.3 | $0 | $0 |
| GINA DIAZ | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 |
| ENRIQUE TORRES | TREASURER Trustee or director, Officer | 0.3 | $0 | $0 |
| ROB HOLLISTER | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| BETH BARTLETT | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| TERRY FREEMAN | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| RENEE MCDONNELL | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| CHAN U LEE | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| ELISA DE LAET JAGERSON | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| JENNIFER HICKS | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| FAY SIEN GOON | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| JENNIFER MARTINEZ | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 303 VINTAGE PARK DR STE 250, FOSTER CITY, CA 94404-1176
- Principal officer (990 for 2025)
- MICHAEL J VERGURA, 303 VINTAGE PARK DRIVE 250, FOSTER CITY, CA 94404
- Signed the 990
- MICHAEL J VERGURA, CFO
- Phone
- (650) 356-2900
- Website
- WWW.MIDPEN-HOUSING.ORG
- Return prepared by
- NOVOGRADAC & COMPANY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-1738105 or by the name MIDPEN PROPERTY MANAGEMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
IN CONJUNCTION WITH RELATED ORGANIZATIONS, MIDPEN PROPERTY MANAGEMENT CORPORATION'S MISSION IS TO PROVIDE SAFE, AFFORDABLE HOUSING OF HIGH QUALITY TO THOSE IN NEED; TO ESTABLISH STABILITY AND OPPORTUNITY IN THE LIVES OF OUR RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY AND MUTUAL RESPECT.
Program accomplishments
- THE CORPORATION PROVIDES PROPERTY MANAGEMENT AND SUPPORT SERVICES IN CONNECTION WITH THE DEVELOPMENT, OPERATION AND PRESERVATION OF HOUSING FOR LOW INCOME, ELDERLY, AND DISABLED PERSONS.Expenses $7,694,956 · revenue $15,077,417
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 94-1738105
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1971
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $10,778,977
- Income (IRS master file)
- $15,273,446
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $15,273,446 | $13,760,729 | $10,778,977 | XML |
| 990 | December 2024 | $13,081,335 | $12,141,595 | $8,318,973 | XML |
| 990 | December 2023 | $11,867,517 | $10,916,469 | $7,240,418 | XML |
| 990 | December 2022 | $9,394,965 | $8,590,029 | $4,968,754 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-1738105).
Questions about MIDPEN PROPERTY MANAGEMENT CORPORATION
- What is the EIN of MIDPEN PROPERTY MANAGEMENT CORPORATION?
- The employer identification number (EIN) of MIDPEN PROPERTY MANAGEMENT CORPORATION is 94-1738105.
- Is MIDPEN PROPERTY MANAGEMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to MIDPEN PROPERTY MANAGEMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIDPEN PROPERTY MANAGEMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MIDPEN PROPERTY MANAGEMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIDPEN PROPERTY MANAGEMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MIDPEN PROPERTY MANAGEMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names MICHAEL J VERGURA.
- Who are the officers and directors of MIDPEN PROPERTY MANAGEMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 24 people; 11 received compensation from the organization, the highest $663,497 (MATTHEW O FRANKLIN, CEO/PRESIDENT/ASST. SECRETARY).
- How much revenue does MIDPEN PROPERTY MANAGEMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $15,273,446, expenses of $13,760,729 and total assets of $10,778,977 at year end.
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