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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
2022-06-01
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
$363,508
2022
Total expenses
$329,808
2022
Total assets
$11,072,530
2022
Num. employees
0
2022

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).

Personnel at MNC 1240 Valencia

NameTitleCompensation
Richard YbarraExecutive Director
Sebastian AliotoTreasurer$0
Erich SchulzSecretary$0
Santiago RuizPast Executive Director$0
Jose A RodriguezBoard President$0
...and 1 more key personnel

Financials for MNC 1240 Valencia

RevenuesFYE 06/2022
Total grants, contributions, etc.$0
Program services$363,344
Investment income and dividends$164
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$363,508

Form 990s for MNC 1240 Valencia

Fiscal year endingDate received by IRSFormPDF link
2022-062023-10-16990View PDF
2021-062023-09-13990View PDF
Data update history
October 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 27, 2023
Updated personnel
Identified 7 new personnel
October 24, 2023
Used new vendors
Identified 1 new vendor, including
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
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