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Crescent Terrace Inc

FOSTER CITY, CA EIN: 94-2910860 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

-2.2% YoY

Annual Giving

$169K

+23.1% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$169K

+23.1% YoY

About Crescent Terrace Inc

Based on IRS filings

Crescent Terrace Inc is a nonprofit organization focused on Housing & Shelter, based in FOSTER CITY, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 1 grants totaling $169K. Net investment income was $33K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Foster City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$329K$657K$986K$1M20202021202220232024
Metric202420232022
Total Assets$2,455,121$2,509,252$2,538,688
Revenue$1,194,760$1,107,986$1,015,360
Expenses$1,119,096$1,076,189$1,104,066
Qualifying Distributions
Net Investment Income$32,680$19,427$5,098
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$99K$149K$199K1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MIDPEN HOUSING CORPORATION$169K

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Midpen Housing Corporation ($169,142).

RecipientPurposeAmount
MIDPEN HOUSING CORPORATION FOSTER CITY, CAGRANT TO SUPPORT AFFORDABLE HOUSING ACTIVITIES$169,142

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ERIC HARRISONCHAIRPERSON0.2
JESSICA GARCIA-KOHLVICE CHAIRPERSON0.2
JENNIFER MARTINEZSECRETARY0.2
ENRIQUE TORRESTREASURER0.2
TERRY FREEMANDIRECTOR0.2
RENEE MCDONNELLDIRECTOR0.2
MELANIE MOCKDIRECTOR0.2
ELISA DE LAET JAGERSONDIRECTOR0.2
JENNIFER HICKSDIRECTOR0.2
FAY SIEN GOONDIRECTOR0.2
STEPHANIE SONNENSHINEDIRECTOR0.2
CHAN U LEEDIRECTOR0.2
YUSEF FREEMANDIRECTOR0.2
JONATHAN FEARNDIRECTOR0.2
MATTHEW O FRANKLINCEO/PRESIDENT/ASST. SECRET0.5
MICHAEL J VERGURACFO / ASSISTANT SECRETARY0.5
ANN GOGGINS GREGORYCOO / ASSISTANT SECRETARY1
JANINE LINDCOO / ASSISTANT SECRETARY1
LANCE SMITHVP/CORP. COUNSEL & BROKER/ASST. SECRETARY
KASEY ARCHEYASSISTANT SECRETARY
JOANNA CARMANASSISTANT SECRETARY
ABIGAIL GOLDWARE POTLURIASSISTANT SECRETARY

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Crescent Terrace Inc?

Crescent Terrace Inc is a nonprofit organization focused on Housing & Shelter, based in FOSTER CITY, CA. It holds $2.5M in total assets as of 2024.

How large is Crescent Terrace Inc?

As of 2024, Crescent Terrace Inc holds $2.5M in total assets with $1.2M in annual revenue. It awarded 1 grants totaling $169K in 2024.

Where does Crescent Terrace Inc operate?

Crescent Terrace Inc has awarded grants in California.

What size grants does Crescent Terrace Inc award?

In 2024, Crescent Terrace Inc awarded 1 grants totaling $169K — an average of about $169K per grant, based on its IRS Form 990 filings.

What is Crescent Terrace Inc's EIN?

Crescent Terrace Inc's EIN (Employer Identification Number) is 94-2910860. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Crescent Terrace Inc's focus areas in our free grants database

Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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