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Nonprofit · EIN 94-3365110

GLIDE ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · CORTE MADERA, CA 94925

Financials

$827K$33.1M2023$213K$946K2024
Revenue Expenses · by fiscal year end
Financials of GLIDE ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$212,935$945,616-$732,681$2,028,768$2,203,168-$174,400
December 31, 2023990$826,799$33,063,746-$32,236,947$1,951,009$1,392,728$558,281
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,717
Program service revenue
$210,001
Investment income
$217
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,550
Program services (functional)
$903,302
Management and general (functional)
$42,314

Balance sheet and other

Total assets, start of year
$1,951,009
Total assets, end of year
$2,028,768
Total liabilities, end of year
$2,203,168
Net assets, end of year
-$174,400
Net assets without donor restrictions
-$174,400
Gross receipts
$212,935
Employees
0
Volunteers
5
Year formed
2000
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
BRAD PAULSECRETARY & TREASURER
Trustee or director, Officer
0.25$0
MELVIN CARRIEREPRESIDENT & COO
Trustee or director, Officer
22$0
THOMAS S BECHARDCHAIRMAN
Trustee or director, Officer
0.25$0
SEAN JEFFRIESDIRECTOR
Trustee or director
0.25$0
JERRY VALLERYDIRECTOR
Trustee or director
0.25$0
ROD HENMIDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
BRAD PAULSECRETARY & TREASURER
Trustee or director, Officer
0.25$0
MELVIN CARRIEREPRESIDENT & COO
Trustee or director, Officer
22$0
THOMAS S BECHARDCHAIRMAN
Trustee or director, Officer
0.25$0
DION L GRIFFINDIRECTOR
Trustee or director
3$0
SEAN JEFFRIESDIRECTOR
Trustee or director
0.25$0
ANDREW C WOODARDDIRECTOR
Trustee or director
0.25$0
JERRY VALLERYDIRECTOR
Trustee or director
0.25$0
ROD HENMIDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
149 YOLO ST, CORTE MADERA, CA 94925-1837
In care of
% REVEREND CECIL WILLIAMS
Principal officer (990 for 2024)
MELVIN CARRIERE, 149 YOLO STREET, CORTE MADERA, CA 94925
Signed the 990
MELVIN CARRIERE, PRESIDENT/COO
Phone
(415) 924-7707
Return prepared by
LINDQUIST VON HUSEN & JOYCE LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 94-3365110 or by the name GLIDE ECONOMIC DEVELOPMENT CORPORATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $903,302 · revenue $210,001

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3365110
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,028,768
Income (IRS master file)
$212,935

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$212,935$945,616$2,028,768XML
990December 2023$826,799$33,063,746$1,951,009XML
990December 2022$180,969$2,471,637$9,436,707IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 94-3365110).

Questions about GLIDE ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of GLIDE ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GLIDE ECONOMIC DEVELOPMENT CORPORATION is 94-3365110.
Is GLIDE ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to GLIDE ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLIDE ECONOMIC DEVELOPMENT 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 GLIDE ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLIDE ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GLIDE ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names MELVIN CARRIERE.
Who are the officers and directors of GLIDE ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does GLIDE ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $212,935, expenses of $945,616 and total assets of $2,028,768 at year end.

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