PENINSULA VOLUNTEER PROPERTIES INC

EIN: 941517101

MENLO PARK, CA

Total Revenue
$4,675,296
Total Expenses
$2,429,476
Total Assets
$29,957,739
Net Assets
$29,828,728
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
CA
Principal Officer
PETER J OLSON
Phone
9256277000
Tax Period
2024-01-01 to 2024-12-31

PENINSULA VOLUNTEER PROPERTIES INC, founded in 1959, is a community nonprofit that reported $4.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.2M, a strong 48% operating margin.

Mission

THE CORPORATION'S EXEMPT PURPOSE IS TO PROVIDE HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED PEOPLE.

Program Service Accomplishments

Program 1
Expenses: $2,279,992 Revenue: $692,739

THE CORPORATION OPERATES TWO APARTMENT BUILDINGS, WHICH HOUSES 93 AND 30 UNITS RESPECTIVELY, FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,594,524
Program Service Revenue $692,739
Investment Income $1,388,033
Other Revenue $0
TOTAL REVENUE $4,675,296

Expense Breakdown

Grants Paid $0
Salaries & Benefits $477,176
Fundraising Expenses $0
Program Expenses $2,279,992
Other Expenses $1,952,300
TOTAL EXPENSES $2,429,476

Year-over-Year Comparison

2024 2023 Change
Revenue $4,675,296 $4,099,064 +0.1%
Expenses $2,429,476 $1,941,839 +0.3%
Net Income $2,245,820 $2,157,225 +0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
19
Employees
N/A
Volunteers
35

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$233,930
Total Directors
22
$233,930
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER J OLSON CEO 2.00
Officer Director
$0 $14,696 $233,930
CANDICE SCHWAB PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
GEORGIE GLEIM PRESIDENT 1.00
Officer Director
$0 $0 $0
SANDY FERER VICE PRESIDENT THRU 06/2024 1.00
Officer Director
$0 $0 $0
ANNA MARIE JANKY SECRETARY 1.00
Officer Director
$0 $0 $0
HONOR HUNTINGTON TREASURER/VP START 06/2024 1.00
Officer Director
$0 $0 $0
JANICE CONOMOS TREASURER THRU 06/2024 1.00
Officer Director
$0 $0 $0
SUSAN SWEENEY BOARD DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA WILKINSON-DEBRINCAT BOARD DIRECTOR 1.00
Director
$0 $0 $0
JAN BARKER BOARD DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN RIANDA BOARD DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN SCHUTZ BOARD DIRECTOR 1.00
Director
$0 $0 $0
DEBORAH GORDON BOARD DIRECTOR 1.00
Director
$0 $0 $0
JEANNE FISCHER BOARD DIRECTOR 1.00
Director
$0 $0 $0
LATA GOEL BOARD DIRECTOR 1.00
Director
$0 $0 $0
VAB GOEL BOARD DIRECTOR 1.00
Director
$0 $0 $0
LINDA DICKINSON BOARD DIRECTOR 1.00
Director
$0 $0 $0
LISA DEAL BOARD DIRECTOR 1.00
Director
$0 $0 $0
LOUISE PATCH BOARD DIRECTOR 1.00
Director
$0 $0 $0
MARK FLEGEL BOARD DIRECTOR 1.00
Director
$0 $0 $0
SANDY FERRANDO BOARD DIRECTOR 1.00
Director
$0 $0 $0
SUSAN MARTIN BOARD DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $4,675,296 $2,429,476 $29,957,739 $2,245,820
2023 $4,099,064 $1,941,839 $26,800,434 $2,157,225
2022 $3,713,764 $1,836,784 $23,094,245 $1,876,980
2021 $3,578,619 $1,669,413 $23,952,795 $1,909,206
2020 $3,547,983 $1,614,491 $20,673,340 $1,933,492
2019 $3,370,866 $1,572,686 $17,736,497 $1,798,180
2018 $3,371,884 $1,579,098 $14,523,335 $1,792,786
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