2024-11-15T16:53:46-06:00 2023-12-31 814234542 BPM LLP 5000 E SPRING STREET SUITE 200 LONG BEACH CA 908155215 990 2023-01-01 263325350 MISSION RESOURCE CENTER LLC MISS 4152823334 2301 MISSION STREET 301 SAN FRANCISCO CA 94110 CARLOS RAMIREZ CFO 4152823334 2024-11-15 1 0 ANTHONY J GALES P01241476 5624203100 2024-11-15 2023 2024-10-15 13:58:12Z LUIS GRANADOS 2301 MISSION STREET 301 SAN FRANCISCO CA 94110 506804 0 X N/A X 2008 CA PROVIDE A CONVENIENT ONE-STOP RESOURCE TO OFFER ESSENTIAL SERVICES AND EDUCATION THAT SUPPORT FINANCIAL INDEPENDENCE TO SAN FRANCISCO'S LOW AND MODERATE INCOME FAMILIES. 12 12 0 0 0 0 0 0 514576 506804 0 0 0 0 514576 506804 0 0 0 0 0 0 0 0 0 694724 771485 694724 771485 -180148 -264681 8750881 8307889 6511324 6333013 2239557 1974876 PROVIDE A CONVENIENT ONE-STOP RESOURCE TO OFFER ESSENTIAL SERVICES AND EDUCATION THAT SUPPPORT FINANCIAL INDEPENDENCE TO SAN FRANCISCO'S LOW AND MODERATE INCOME FAMILIES. 0 0 771485 506804 MISSION RESOURCE CENTER, ALSO KNOWN TO THE LATINO COMMUNITY AS PLAZA ADELANTE, SERVES AS THE HEADQUARTERS OF MEDA. THE BUILDING WAS PURCHASED IN 2010 WITH THE INTENTION OF PROVIDING A STABLE COMMUNITY HUB OF NONPROFIT SERVICES FOR THE LATINO COMMUNITY IN THE MISSION DISTRICT. THE LOCATION ALSO SERVES AS AN INCUBATOR OF SMALL EMERGING BUSINESS CENTERED IN THE MISSION CORRIDOR OF SAN FRANCISCO. 771485 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 1 0 0 CA X X THE ORGANIZATION 4152823334 2301 MISSION STREET 301 SAN FRANCISCO CA 94110 RAFAEL YAQUIAN-ILLESCAS BOARD CHAIR 0.10 1.00 X X 0 0 0 M TERESA GARCA VICE CHAIRPERSON 0.10 1.00 X X 0 0 0 WHITNEY JONES TREASURER 0.10 1.00 X X 0 0 0 MARCO CHAVARN SECRETARY 0.10 1.00 X X 0 0 0 JABARI HERBERT MEMBER 0.10 1.00 X 0 0 0 KEVIN STEIN MEMBER 0.10 1.00 X 0 0 0 YSABEL DURON MEMBER 0.10 1.00 X 0 0 0 ED CABRERA MEMBER 0.10 1.00 X 0 0 0 REBECA PATINO MEMBER 0.10 1.00 X 0 0 0 CARINA MARQUEZ MEMBER 0.10 1.00 X 0 0 0 TEDDY GRAY KING VASQUEZ MEMBER 0.10 1.00 X 0 0 0 CAROLINA MARTINEZ MEMBER 0.10 1.00 X 0 0 0 LUIS GRANADOS CEO 0.50 40.00 X 0 366718 42802 PRISCILLA CHEN-OK CFO 0.50 40.00 X 0 164256 13781 PAMELA BENOIT CFO 0.50 40.00 X 0 72571 2735 0 603545 59318 0 0 1 0 0 RENTAL INCOME 531110 494829 494829 OTHER INCOME 531110 11975 11975 506804 506804 506804 0 0 33000 33000 4280 4280 8459 8459 830 830 4515 4515 211489 211489 170859 170859 232058 232058 68577 68577 TURNOVER EXPENSE 20473 20473 PROPERTY TAXES 8934 8934 OTHER PROGRAM EXPENSES 8011 8011 771485 771485 0 0 251803 64563 34838 21923 53872 12535 10730665 2553938 8362157 8176727 48211 32141 8750881 8307889 41189 6 2630 408 5531208 5349505 936297 983094 6511324 6333013 X 2239557 1974876 2239557 1974876 8750881 8307889 -264681 0 X 0 1 X 1 0 X X 1 MISSION ECONOMIC DEVELOPMENT AGENCY 510187791 7 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 1 MISSION RESOURCE CENTER LLC'S ("MRC") SOLE MEMBER IS MISSION ECONOMIC DEVELOPMENT AGENCY ("MEDA"), AN ORGANIZATION EXEMPT FROM TAX UNDER SECTION 501 (C)(3). PER THE MRC OPERATING AGREEMENT, THE OPERATIONS AND AFFAIRS OF MRC SHALL BE ADMINISTERED BY MEDA AND HAS THE AUTHORITY, RIGHTS AND POWERS TO CARRY OUT THE PURPOSES OF THE COMPANY. ADDITIONALLY, MRC AND MEDA HAVE THE SAME DIRECTORS AND OFFICERS, MAKING ALL EXECUTIVE DECISIONS FOR BOTH ORGANIZATIONS. MRC WAS FORMED TO ACQUIRE, REHABILITATE, AND OPERATE A BUILDING TO BE USED AS PLAZA ADELANTE, A MULTI-SERVICE CENTER ASSISTING THE LOW-INCOME, PRIMARILY IMMIGRANT POPULATION IN THE SAN FRANCISCO, CALIFORNIA MISSION DISTRICT NEIGHBORHOOD. MRC LEASES OFFICE AND ASSOCIATED COMMON SPACE AT THE LOWEST FEASIBLE COST TO MEDA, WHICH PROVIDES DIRECT SERVICES, INCLUDING FINANCIAL, EDUCATIONAL, AND SUPPORTIVE SERVICES, TO LOW-INCOME RESIDENTS OF THE COMMUNITY. MEDA OCCUPIES A SIGNIFICANT MAJORITY OF THE FACILITY WHERE IT CARRIES OUT ITS OPERATIONS AND PROGRAMS. 2986711 2986711 7743954 2553938 5190016 8176727 SECURITY DEPOSITS FROM TENANTS 22627 INTERCOMPANY PAYABLE 960467 983094 0 0 0 0 0 0 0 0 0 LUIS GRANADOS CEO 0 366718 0 0 0 0 0 9016 0 33786 0 409520 0 0 PRISCILLA CHEN-OK CFO 0 164256 0 0 0 0 0 4252 0 9529 0 178037 0 0 PART I, LINE 1A REVIEW OF FORM 990 OF OTHER ORGANIZATIONS AND WRITTEN EMPLOYEMENT CONTRACTS WERE USED TO ESTABLISH THE RELATED ORGANIZATION'S CEO'S COMPENSATION, BOARD APPROVAL IS ALSO REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CFO, THEN PASSED ON TO THE CEO AND THE FINANCE COMMITTE OF THE BOARD OF DIRECTORS FOR THEIR FOR THEIR REVIEW BEFORE BEING SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 15A REVIEWS ARE DONE FOR THE CEO. COMPENSATION IS COMPARABLE TO CEOS OF OTHER LOCAL TAX-EXEMPT ORGANIZATIONS. BOARD APPROVAL IS ALSO REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST MISSION ECONOMIC DEVELOPMENT AGENCY 2301 MISSION STREET SUITE 301 SAN FRANCISCO CA 94110 510187791 ECONOMIC DEVELOPMENT CA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0