Mmm East Inc
- Assets
- $119.2m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 01/2018
- Data as of
- 12/2020
- EIN
- 81-2692701
Organization Overview
Mmm East Inc is located in San Francisco, CA. The organization was established in 2018. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Mmm East Inc generated $6.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $8.2m during the year ending 12/2020. While expenses have increased by 19.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TITLE HOLDING CORPORATION FOR REAL PROPERTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
TITLE HOLDING CORPORATION FOR REAL PROPERTY
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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cobb Property Services Janitorial | 12/30/20 | $157,042 |
Core And Value Advisors Llc Management Services | 12/30/20 | $731,750 |
Guard Management Inc Security | 12/30/20 | $154,442 |
Vestar Properties Inc Property Mgr | 12/30/20 | $175,839 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,506,473 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,506,473 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,921,221 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,333,507 |
| Insurance | $51,375 |
| All other expenses | $232,237 |
| Total functional expenses | $8,227,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $879,155 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $977,752 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $12,834 |
| Net Land, buildings, and equipment | $117,000,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $318,329 |
| Total assets | $119,188,070 |
| Accounts payable and accrued expenses | $335,844 |
| Grants payable | $0 |
| Deferred revenue | $15,052 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $48,797,647 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $127,032 |
| Total liabilities | $49,275,575 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $68,257,575 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,654,920 |
| Total liabilities and net assets/fund balances | $119,188,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quality Development And Construction Inc Irvine, CA | $7,151,987 | $11,427,798 |
Destination Home Sv Mountain View, CA | $41,518,782 | $18,470,056 |
Jewish Senior Living Group San Francisco, CA | $2,332,058 | $8,939,808 |
Mmm East Inc San Francisco, CA | $119,188,070 | $6,506,473 |
Covia Foundation Walnut Creek, CA | $15,242,490 | $5,427,768 |
Rhf Holdings Group Inc Long Beach, CA | $60,439,706 | $3,964,114 |
Claremont Investment Management Company Claremont, CA | $1,000 | $3,676,693 |
Bridge Community Impact San Francisco, CA | $6,385,482 | $4,564,886 |
Cedarsinai Park Foundation Portland, OR | $11,237,596 | $2,147,492 |
The Jewish Home And Senior Living Foundation San Francisco, CA | $89,528,323 | $7,958,630 |
Jack Hall Hawaii Housing Corporation Honolulu, HI | $18,118,786 | $12,649,109 |
Ahsc Qalicb Portland, OR | $14,844,738 | $611,073 |