Public Charity

MIDPEN HOUSING CORPORATION

MIDPEN HOUSING CORPORATION, of FOSTER CITY, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $109.0M in revenue, $35.7M in expenses, $440.6M in total assets. 180 publicly reported grants to this organization, totaling roughly $111.0M, appear in IRS filings.

EIN: 237089977 FOSTER CITY, CA Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$109.0M
Total Expenses$35.7M
Total Assets$440.6M
Grant Records180
Funding Total$111.0M
Filing Years2021–2025

Mission

IN CONJUNCTION WITH RELATED ORGANIZATIONS, MIDPEN HOUSING 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 RESIDENTS; AND TO FOSTER DIVERSE COMMUNITIES THAT ALLOW PEOPLE FROM ALL ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS TO LIVE IN DIGNITY, HARMONY, AND MUTUAL RESPECT.

Where $100 goes at Midpen Housing Corporation

How Midpen Housing Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$77 Programs the work itself
$23 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $77 for programs

$77
The corporation develops and operates safe and affordable housing of high quality for low- and very-low income individuals and families, including elderly and disabled persons
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
TO FUND GP DONATION
$357,000
2024
ELDERLY AFFORDABLE HOUSING
$7,000,000
2024
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES.
$2,864,000
2024
GRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES
$2,310,000
2024
TO SUPPORT THE AFFILIATE IN PROVIDING AFFORDABLE HOUSING.
$1,413,000

Showing up to 5 of 180 total records — full history available with membership.

Officers & Directors

ASSISTANT SECRETARY Abigail Goldware Potluri
ASSISTANT SECRETARY Amy Steadman
COO / ASSISTANT SECRETARY Ann Goggins Gregory
DIRECTOR Chan U Lee
DIRECTOR Elisa De Laet Jagerson
TREASURER Enrique Torres

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$101,374,523 120 grants
General Support
$9,115,904 46 grants
Health & Medicine
$200,000 1 grant
Mental Health & Substance Abuse
$76,500 1 grant
Unspecified
$192,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $109.0M $35.7M $440.6M
2024 $55.4M $33.6M $359.1M
2023 $55.7M $36.5M $339.1M
2022 $62.0M $38.3M $303.6M
2021 $50.9M $22.5M $279.1M

Between 2021 and 2025, reported annual revenue grew from $50.9M to $109.0M (+114%), with total assets most recently reported at $440.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MIDPEN HOUSING CORPORATION

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