1. Directory
  2. California
  3. San Francisco
  4. MNC 1240 Valencia
EIN 85-3358007

MNC 1240 Valencia

IRS 501(c) type
501(c)(3)
Num. employees
0
City
San Francisco
State
California
Year formed
2020
Most recent tax filings
2023-06-01
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
Description
MNC 1240 Valencia's mission is to hold the leasehold interest of the property located at 1240 Valencia Street, San Francisco, CA 94102, which is leased to MNC. It serves as a support organization for MNC and operates the site to qualify as a Qualified Active Low Income Community Business (QALICB) that receives qualified low-income community investment.
Related structure
MNC 1240 Valencia is a subordinate organization under Mission Neighborhood Health Center.
Total revenues
$368,991
2023
Total expenses
$424,577
2023
Total assets
$11,313,027
2023
Num. employees
0
2023

Program areas at MNC 1240 Valencia

MNC 1240 is considered a support organization to support the activities of MNC. MNC 1240 is operating the site in a manner enabling it to qualify as a Qualified Active Low Income Community Business (QALICB) that receives Qualified Low Income Community Investment (QLICI) loans under a New Market Tax Credit (NMTC).

Who funds MNC 1240 Valencia

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
McNabb FoundationGeneral & Unrestricted$1,000

Personnel at MNC 1240 Valencia

NameTitleCompensation
Richard YbarraExecutive Director
Sebastian AliotoTreasurer$0
Santiago RuizPast Executive Director$0
Jose A RodriguezBoard President$0
Erich SchulzSecretary$0

Financials for MNC 1240 Valencia

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$363,344
Investment income and dividends$5,647
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$368,991

Form 990s for MNC 1240 Valencia

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-10-16990View PDF
2021-062023-09-13990View PDF

Organizations like MNC 1240 Valencia

OrganizationLocationRevenue
Wilkinsburg CDC HoldingWilkinsburg, PA$569,756
Community Action TrustChelsea, MA$122,400
Ujf Holdings CorporationSan Diego, CA$325,986
Mission Main Revitalization CorporationBoston, MA$321,686
Mid-State Community Development CorporationPlymouth, NH$1,025,010
Community Support GroupScranton, PA$752,154
Tri County Development CorporationSavannah, TN$97,500
Knox County Land Reutilization CorporationMount Vernon, OH$1,491,442
Juntos Fruitvale QalicbOakland, CA$614,971
Preservation Park CenterOakland, CA$1,326,135
Data update history
August 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 28, 2023
Updated personnel
Identified 1 new personnel
October 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 27, 2023
Updated personnel
Identified 7 new personnel
Nonprofit Types
Business and community development organizationsReal estate organizationsChapter / child organizationsCharities
Issues
Community improvement
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
362 Capp St
San Francisco, CA 94110
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Phone
(877) 829-5500
IRS details
EIN
85-3358007
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
5313: Real Estate Services
Parent/child status
Subordinate organization
Free account sign-up

Want updates when MNC 1240 Valencia has new information, or want to find more organizations like MNC 1240 Valencia?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy