Civic Intelligence

Habitat for Humanity East Bay

EIN 94-3053687 • 501(c)3 • Oakland, CA

Profile

We believe everyone deserves a decent place to live and we work to foster social, racial, and economic justice through housing. By creating, preserving, and expanding access to affordable housing, we provide the opportunity to transform lives and build better futures.

2619 Broadway 205Oakland, CA 94612

www.habitatebsv.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.51x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

1.59x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

8th percentile

-25%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$413,667

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

29th percentile

0.6%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-11%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$54,845,376

Up $320,686 (+0.6%) from 2023

Liabilities

Up

$28,082,920

Up $4,555,880 (+19%) from 2023

Net Assets

Down

$26,762,456

Down $4,235,194 (-14%) from 2023

Revenue

Down

$17,714,900

Down $2,230,693 (-11%) from 2023

Expenses

Up

$22,156,716

Up $2,804,333 (+14%) from 2023

Net Income

Down

-$4,441,816

Down $5,035,026 (-849%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $39,542,516Liabilities 2010: $14,249,490Net Assets 2010: $25,293,0262010Assets 2011: $40,568,831Liabilities 2011: $13,675,289Net Assets 2011: $26,893,5422011Assets 2012: $40,180,252Liabilities 2012: $12,558,358Net Assets 2012: $27,621,8942012Assets 2013: $1,518,447Liabilities 2013: $23,406,742Net Assets 2013: $38,325,2412013Assets 2014: $40,505,222Liabilities 2014: $16,102,818Net Assets 2014: $24,402,4042014Assets 2015: $33,234,080Liabilities 2015: $10,335,338Net Assets 2015: $22,898,7422015Assets 2016: $34,502,689Liabilities 2016: $10,788,070Net Assets 2016: $23,714,6192016Assets 2017: $36,564,653Liabilities 2017: $12,894,494Net Assets 2017: $23,670,1592017Assets 2018: $38,176,553Liabilities 2018: $15,915,091Net Assets 2018: $22,261,4622018Assets 2019: $33,302,520Liabilities 2019: $12,167,973Net Assets 2019: $21,134,5472019Assets 2020: $49,423,955Liabilities 2020: $24,358,617Net Assets 2020: $25,065,3382020Assets 2021: $41,053,789Liabilities 2021: $13,996,617Net Assets 2021: $27,057,1722021Assets 2022: $46,536,794Liabilities 2022: $16,257,776Net Assets 2022: $30,279,0182022Assets 2023: $54,524,690Liabilities 2023: $23,527,040Net Assets 2023: $30,997,6502023Assets 2024: $54,845,376Liabilities 2024: $28,082,920Net Assets 2024: $26,762,4562024

Highlighted filing

2024

Assets$54,845,376
Liabilities$28,082,920
Net Assets$26,762,456

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $4,187,0782010Expenses 2011: $17,279,6862011Expenses 2012: $17,433,3362012Revenue 2013: $122,877Expenses 2013: $3,062,075Net Income 2013: -$2,939,1982013Revenue 2014: $15,294,964Expenses 2014: $15,238,898Net Income 2014: $56,0662014Revenue 2015: $20,207,361Expenses 2015: $21,710,959Net Income 2015: -$1,503,5982015Revenue 2016: $13,583,453Expenses 2016: $12,781,655Net Income 2016: $801,7982016Revenue 2017: $16,184,441Expenses 2017: $16,213,774Net Income 2017: -$29,3332017Revenue 2018: $15,821,603Expenses 2018: $17,204,533Net Income 2018: -$1,382,9302018Revenue 2019: $22,014,526Expenses 2019: $23,277,869Net Income 2019: -$1,263,3432019Revenue 2020: $25,654,154Expenses 2020: $20,640,806Net Income 2020: $5,013,3482020Revenue 2021: $44,589,163Expenses 2021: $42,675,959Net Income 2021: $1,913,2042021Revenue 2022: $21,910,227Expenses 2022: $18,473,410Net Income 2022: $3,436,8172022Revenue 2023: $19,945,593Expenses 2023: $19,352,383Net Income 2023: $593,2102023Revenue 2024: $17,714,900Expenses 2024: $22,156,716Net Income 2024: -$4,441,8162024

Highlighted filing

2024

Revenue$17,714,900
Expenses$22,156,716
Net Income-$4,441,816

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$54.8$28.1$26.8$17.7$22.2$4.44
2023Detailed filing. Detailed filing data is available for this year.$54.5$23.5$31.0$19.9$19.4$0.59
2022Detailed filing. Detailed filing data is available for this year.$46.5$16.3$30.3$21.9$18.5$3.44
2021Detailed filing. Detailed filing data is available for this year.$41.1$14.0$27.1$44.6$42.7$1.91
2020Detailed filing. Detailed filing data is available for this year.$49.4$24.4$25.1$25.7$20.6$5.01
2019Detailed filing. Detailed filing data is available for this year.$33.3$12.2$21.1$22.0$23.3$1.26
2018Detailed filing. Detailed filing data is available for this year.$38.2$15.9$22.3$15.8$17.2$1.38
2017Detailed filing. Detailed filing data is available for this year.$36.6$12.9$23.7$16.2$16.2$0.03
2016Detailed filing. Detailed filing data is available for this year.$34.5$10.8$23.7$13.6$12.8$0.80
2015Detailed filing. Detailed filing data is available for this year.$33.2$10.3$22.9$20.2$21.7$1.50
2014Detailed filing. Detailed filing data is available for this year.$40.5$16.1$24.4$15.3$15.2$0.06
2013Summary only. Only limited summary data is available for this year.$1.52$23.4$38.3$0.12$3.06$2.94
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.2$12.6$27.6$17.4
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$40.6$13.7$26.9$17.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.5$14.2$25.3$4.19
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$18,656,214
Mission and Program Overview

Mission

Habitat for humanity east bay/silicon valley brings people together to build homes, communities, and hope. We revitalize neighborhoods, build affordable and sustainable housing solutions, and empower families through successful homeownership. Since 1986, we have partnered with volunteers, the community, and qualified families with limited incomes to strengthen communities in alameda, contra costa, and santa clara counties.

Habitat for humanity brings people together to build homes, communities, and hope.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$27,468,686$31,789,759▲ $4,321,073
Other Notes and Loans Receivable, Net$10,853,109$10,475,407▼ $377,702
Pledges and Grants Receivable$5,685,946$4,766,521▼ $919,425
Investments Other Securities$2,128,109$2,052,200▼ $75,909
Cash and Non-Interest-Bearing Accounts$1,429,456$1,998,463▲ $569,007
Investments in Publicly Traded Securities$431,740$507,354▲ $75,614
Savings and Temporary Cash Investments$2,629,154$408,208▼ $2,220,946
Land, Buildings, and Equipment, Net$400,243$296,553▼ $103,690
Prepaid Expenses and Deferred Charges$171,125$169,085▼ $2,040
Total Assets$54,524,690$54,845,376▲ $320,686
Other Assets Total$3,327,122$2,381,826▼ $945,296
Liabilities
Mortgage Notes Payable Secured by Investment Property$16,411,973$19,153,084▲ $2,741,111
Other Liabilities$4,137,842$6,385,609▲ $2,247,767
Accounts Payable and Accrued Expenses$2,587,842$2,382,889▼ $204,953
Deferred Revenue$389,383$161,338▼ $228,045
Total Liabilities$23,527,040$28,082,920▲ $4,555,880
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$30,869,847$26,762,456▼ $4,107,391
Net Assets With Donor Restrictions$127,803$0▼ $127,803
Total Net Assets Fund Balance$30,997,650$26,762,456▼ $4,235,194
Total Liabilities and Net Assets / Fund Balance$54,524,690$54,845,376▲ $320,686

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$178,887$520,883$699,770
Leasehold Improvements$117,666$279,677$397,343

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$46,000-▲ $5,569-$51,569
2022$42,003-▲ $3,997-$46,000
2021$48,118-▼ $6,115-$42,003
2020$37,194-▲ $11,346-$48,118
2019$37,736-▼ $170-$37,194
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Janice E JensenPresident & CEOFT$360,478$53,189$413,667
Kevin ElliottChief Real Estate OfficerFT$245,545$73,705$319,250
Jean BridgesCOO/CFO-left 12/08/23FT$259,754$44,061$303,815
Krysta MorgenthalerChief Development OfficerFT$235,015$56,172$291,187
Meg Styles-hiltonDirector Individual GivingFT$152,335$60,999$213,334
Robert SimondsDirector of Housing DevelopmentFT$181,244$17,794$199,038
Christine ChuControllerFT$168,232$17,082$185,314
Jennifer GrayDirector Home PreservationFT$139,603$34,397$174,000
Douglas RadiganDirector Volunteer EngagementFT$152,335$16,332$168,667
Mike CostelloCOO/CFO-started 11/15/23FT$29,740$3,011$32,751

Board Members and Trustees

NameTitle
Vince SalinasChair
Shannon AdkinsVice Chair
Annie KaoDirector
Bradley BrownlowDirector
David E HarrisDirector
Estelle ClemonsDirector
Gary FitschenDirector
Gary KershnerDirector
Jonas MoeDirector
Joseph ForlineDirector
Katy FitzsimmonsDirector
Laura MccarthyDirector
Lena NicolaidesDirector
Reshea T HolmanDirector
Rosana HanDirector
Les PoltrackMember at Large
Nina LualdiMember at Large
Brian OsheaSecretary
Carolyn CarpenterTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hp Construction ServicesConstruction9000 CROW CANYON ROAD SUITE 213, Danville, CA 94506$289,337
Melgar Mechnical INCConstruction2123 BERING DRIVE SUITE A, San Jose, CA 95131$246,984
Cross The DivideInformation Technology309 VISTA TRUCHA, Newport Beach, CA 92660$239,961
Kelly & Son LLCConstruction2112 COLFAX WAY, Antioch, CA 94509$184,631
California ModularConstruction196 N 3RD STREET, San Jose, CA 95112$106,733
Revenue and Support

Revenue Composition

Contributions and Grants
$15,652,671
Program Service Revenue
$2,148,802
Investment Income
$148,873
Other Revenue
$-235,446
All Other Contributions
$11,478,682
Change in Net Assets
$-4,441,816

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded18$70,247Fair Market Value
Other Non Cash Contri Table1$43,755Fair Market Value
Other Non Cash Contri Table2$10,381Fair Market Value
Other Non Cash Contri Table1$10,000Fair Market Value
Total Noncash Contributions22$134,383-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$11,361,922
Other Expenses$10,436,394
Total Fundraising Expense$1,958,397
Grants and Similar Amounts Paid$358,400
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,218,557$1,044,521$922,273$8,185,351
Fees for Services Other$1,095,783$216,882$40,000$1,352,665
Current Officers, Directors, Trustees, and Key Employees$1,013,593$170,252$150,326$1,334,171
Occupancy$1,088,607$10,854$24,998$1,124,459
Other Employee Benefits$765,341$128,553$113,508$1,007,402
All Other Expenses$761,227$48,258$33,967$843,452
Payroll Taxes$546,728$91,833$81,085$719,646
Office Expenses$416,551$24,135$247,627$688,313
Other Expenses$371,834$38,895$323,461$371,834
Grants to Domestic Orgs$358,400--$358,400
Interest$42,871$191,378-$234,249
Insurance$177,914--$177,914
Pension Plan Contributions$87,635$14,720$12,997$115,352
Depreciation Depletion$106,959$2,358-$109,317
Travel$68,225$8,119$8,155$84,499
Total Functional Expenses$18,207,561$1,990,758$1,958,397$22,156,716
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Habitat for Humanity International IncAmericus, GA501(c)(3)Tithe to Support International Work of Hfhi.$358,400
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$235,446
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cycle of Hope$321,291-$196,864-
WOMEN'S LEADERSHIP$121,278-$17,537-
Total Events$442,569-$235,446$-235,446
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$2,890,034
Operating Lease Liabilities$2,490,843
Related Party Payable$1,000,000
Interest Payable$4,732
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is first reviewed by the audit committee. The full board also reviews and comments before voting to approve upon recommendation from the audit committee.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy statement and confirmation of compliance is sent to each director, officer and employee. Each is required to note any potential conflict in accordance with policy guidelines and to sign the documents.

Form 990, Part VI, Section B, Line 15

The compensation committee determines the compensation based on compensation surveys and studies and the form 990 of other organizations. The full board approves the determination.

Form 990, Part VI, Section C, Line 19

Upon written request the organization will provide this information.

Filing and Contact Details

Filer

Filer Name
Habitat for Humanity East Bay
EIN
94-3053687
Phone
5109062218
Address
2619 BROADWAY 205, OAKLAND, CA 94612

Signing Officer

Name
Mike Costello
Title
COO/CFO
Phone
5109062218
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Janice Jensen
Formed
1987
Legal Domicile
CA
Voting Board Members
19
Independent Board Members
19
Employees
119
Volunteers
3,545

Preparer

Firm
Lindquist Von Husen & Joyce Llp
Address
301 HOWARD STREET SUITE 850, SAN FRANCISCO, CA 94105
Preparer
Kyle Ganley
Phone
4159579999
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

Habitat for humanity builds affordable homes, preserves affordable housing where it stands, and prepares people for homeownership through financial counseling and education. Habitat for humanity has served over 51 million people worldwide. Here in the bay area, in one of the world's toughest housing markets, we work to create opportunity and foster justice through housing. - we build homes and make it possible for families to build strength, stability, and self-reliance through affordable homeownership. - we preserve our affordable housing stock and keep our neighbors in safe, healthy homes preventing displacement. - we offer skills and education through our housing & financial counseling program. Advance access to homeownership: habitat is committed to ensuring that more people and families have access to the transformational opportunity of homeownership. By making homeownership affordable, keeping homeownership sustainable, and fostering the financial skills that make homeownership attainablehabitat breaks down key barriers that bar too many from this critical driver of positive financial, health, educational, community, and generational outcomes. We aim to serve the needs of our community with intention and purpose so that we can build more housing opportunity and contribute to a healthier housing ecosystem for us all. Sustainable building: for more than two decades, habitat has built our homes to rigorous local, state, and national green building standards. We constantly strive to strengthen our commitment to sustainability even further, including a commitment to achieving zero net energy on all new habitat developments ensuring that habitat communities contribute more energy than they consume. We look at our developments through a whole-systems approach, conserving energy and resources, prioritizing the health of the homeowner and the planet, and achieving maximum impact with minimum footprint. Sustainable business restore: habitat operates three restores in oakland, concord, and san jose that accept donations of quality new and used home improvement goods and sell them to the public at discounted prices. Restores are sustainable for the planet and for habitat diverting over 15 million pounds of usable items from landfill annually and reinvesting all proceeds in our work to bring affordable homeownership, financial wellness, and secure, supportive shelter within reach of more people and families with limited incomes. Investment in impact: an investment in habitat is an investment in far more than walls and windows. As we saw in a recent social impact study, a habitat home pays significant dividends when it comes to families' health, safety, education, financial wellness, community connections, and more. Our economic impact study demonstrated that habitat's work creates a ripple effect of economic activity in the community, many times its initial investment. Our home preservation program protects affordable housing stock, stabilizes and beautifies communities, and most of all, keeps low-income homeowners in their homes and neighborhoods. Our housing & financial counseling program helps clients build the skills and habits they need to take on the responsibility of homeownership successfully and achieve financial wellness. We seek opportunities to partner with other agencies to expand impact even further, providing innovative and effective solutions to the housing crisis. Community support: habitat depends on community support to create such impact. All our building efforts and every person and family we serve is the result of many hearts and hands, volunteering and giving. We work to leverage every gift of time and resources with responsibility, intelligence, and for maximum positive impact. Awards and distinctions: we're proud to consistently earn high ratings on charity navigator, guidestar, and better business bureau for being responsible and effective stewards of our donors' generosity.

FORM 990, PART XII, LINE 2C:

The oversight process has not been changed from prior year.

Financial Statement Notes

PART X, LINE 2:

Hebsv believes that it has appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the combined financial statements. Hebsv's federal and state information returns for the years 2020 through 2023 are subject to examination by regulatory agencies, generally for three years and four years after they were filed federal and state, respectively.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0BUILDING AFFORDABLE HOMES: HABITAT BUILDS AFFORDABLE HOMES FOR PEOPLE AND FAMILIES WITH LIMITED INCOMES (50%-120% AMI), THOSE WHO STRUGGLE TO GAIN A FOOTHOLD IN OUR HOUSING MARKET. OUR INNOVATIVE MODEL BUILDS PARTNERSHIPS WITH FAMILIES WHO GIVE "SWEAT EQUITY," VOLUNTEERS WHO GIVE TIME, AND DONORS WHO GIVE FINANCIALLY, AND WE LEVERAGE THESE CONTRIBUTIONS TO MAXIMIZE OUR IMPACT. THROUGH OUR PROGRAM, FAMILIES GAIN ECONOMIC STABILITY AND BUILD A FOUNDATION FOR THE FUTURE FOR THEMSELVES, THEIR CHILDREN, AND GENERATIONS TO COME. IN FISCAL YEAR 2024, HABITAT BUILT HOMES IN OAKLAND, WALNUT CREEK, AND HAYWARD. OUR FIVE-YEAR DEVELOPMENT PIPELINE INCLUDES OVER 300 ADDITIONAL HOMES ACROSS OUR SERVICE AREA.
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