Civic Intelligence

San Francisco Housing Development Corporation

990 • Fiscal year 2023 • EIN 94-3090854

Jul 01, 2022 to Jun 30, 2023 • Filed on May 15, 2024

Organization ProfileWWW.SFHDC.ORG

View Organization Page

4439 Third StreetSan Francisco, CA 94124

(415) 822-1022

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.69x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

3.42x

Higher debt load relative to revenue than 91% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

22nd percentile

-7.4%

Higher net margin than 22% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

37th percentile

$207,919

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

76th percentile

18%

Faster asset growth than 76% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

36th percentile

-1.3%

Faster revenue growth than 36% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$43,550,099

Up $6,650,883 (+18%) from 2022

Net Assets

Down

$13,438,036

Down $647,865 (-4.6%) from 2022

Liabilities

Up

$30,112,063

Up $7,298,748 (+32%) from 2022

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin22nd percentile

Revenue

Down

$8,797,761

Down $115,568 (-1.3%) from 2022

Expenses

Up

$9,445,626

Up $3,179,469 (+51%) from 2022

Net Income

Down

-$647,865

Down $3,295,037 (-124%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $9,184,158Liabilities 2011: $7,752,864Net Assets 2011: $1,431,2942011Assets 2012: $9,680,839Liabilities 2012: $8,385,095Net Assets 2012: $1,295,7442012Assets 2013: $9,582,816Liabilities 2013: $8,571,969Net Assets 2013: $1,010,8472013Assets 2014: $7,368,824Liabilities 2014: $5,839,244Net Assets 2014: $1,529,5802014Assets 2015: $5,892,916Liabilities 2015: $2,244,737Net Assets 2015: $3,648,1792015Assets 2016: $6,331,281Liabilities 2016: $2,290,496Net Assets 2016: $4,040,7852016Assets 2017: $6,693,518Liabilities 2017: $2,362,388Net Assets 2017: $4,331,1302017Assets 2018: $7,550,859Liabilities 2018: $2,510,971Net Assets 2018: $5,039,8882018Assets 2019: $11,980,602Liabilities 2019: $6,291,510Net Assets 2019: $5,689,0922019Assets 2020: $14,342,509Liabilities 2020: $7,464,187Net Assets 2020: $6,878,3222020Assets 2021: $22,065,950Liabilities 2021: $10,627,221Net Assets 2021: $11,438,7292021Assets 2022: $36,899,216Liabilities 2022: $22,813,315Net Assets 2022: $14,085,9012022Assets 2023: $43,550,099Liabilities 2023: $30,112,063Net Assets 2023: $13,438,0362023Assets 2024: $46,612,669Liabilities 2024: $35,469,719Net Assets 2024: $11,142,9502024

Highlighted filing

2023

Assets$43,550,099
Liabilities$30,112,063
Net Assets$13,438,036
Open 2023 Filing

Operations Trend

Revenue Growth36th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,108,517Expenses 2011: $6,823,035Net Income 2011: -$714,5182011Revenue 2012: $771,991Expenses 2012: $918,612Net Income 2012: -$146,6212012Expenses 2013: $803,4782013Revenue 2014: $3,947,680Expenses 2014: $3,364,944Net Income 2014: $582,7362014Revenue 2015: $2,687,783Expenses 2015: $1,321,578Net Income 2015: $1,366,2052015Revenue 2016: $2,648,861Expenses 2016: $2,256,255Net Income 2016: $392,6062016Revenue 2017: $2,928,479Expenses 2017: $2,638,134Net Income 2017: $290,3452017Revenue 2018: $3,716,669Expenses 2018: $3,007,911Net Income 2018: $708,7582018Revenue 2019: $5,851,364Expenses 2019: $4,063,290Net Income 2019: $1,788,0742019Revenue 2020: $5,115,180Expenses 2020: $3,925,950Net Income 2020: $1,189,2302020Revenue 2021: $8,937,713Expenses 2021: $4,377,306Net Income 2021: $4,560,4072021Revenue 2022: $8,913,329Expenses 2022: $6,266,157Net Income 2022: $2,647,1722022Revenue 2023: $8,797,761Expenses 2023: $9,445,626Net Income 2023: -$647,8652023Revenue 2024: $8,226,234Expenses 2024: $11,100,141Net Income 2024: -$2,873,9072024

Highlighted filing

2023

Revenue$8,797,761
Expenses$9,445,626
Net Income-$647,865
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 15, 2024
Return Version
2022v5.0
Gross Receipts
$8,854,814
Mission and Program Overview

Mission

We foster financial stability through the development of affordable housing, financial empowerment, supportive services and economic revitalization

Affordable housing development, homeownership, housing and financial empowerment services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$21,923,454$24,769,690▲ $2,846,236
Investments Program Related$2,808,038$2,804,045▼ $3,993
Pledges and Grants Receivable$2,043,287$1,653,981▼ $389,306
Savings and Temporary Cash Investments$585,818$1,367,236▲ $781,418
Cash and Non-Interest-Bearing Accounts$851,918$476,262▼ $375,656
Accounts Receivable$52,838$391,081▲ $338,243
Prepaid Expenses and Deferred Charges$94,834$299,189▲ $204,355
Total Assets$36,899,216$43,550,099▲ $6,650,883
Other Assets Total$8,539,029$11,788,615▲ $3,249,586
Liabilities
Mortgage Notes Payable Secured by Investment Property$20,945,687$26,244,312▲ $5,298,625
Other Liabilities$461,050$2,514,650▲ $2,053,600
Deferred Revenue$174,884$707,375▲ $532,491
Accounts Payable and Accrued Expenses$1,231,694$645,726▼ $585,968
Total Liabilities$22,813,315$30,112,063▲ $7,298,748
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,515,002$13,017,696▼ $497,306
Net Assets With Donor Restrictions$570,899$420,340▼ $150,559
Total Net Assets Fund Balance$14,085,901$13,438,036▼ $647,865
Total Liabilities and Net Assets / Fund Balance$36,899,216$43,550,099▲ $6,650,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,952,312$1,252,397$14,204,709
Land$10,376,306-$10,376,306
Leasehold Improvements$1,310,878$289,481$1,600,359
Equipment$130,194$114,821$245,015
Investment Program Related Org$2,804,045--
Other Assets Org$1,489,675--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David J SobelCEOFT$190,962$16,957$207,919
Tom KostoskyInterim Director of Real Estate DevelopmentFT$145,269$4,358$149,627
Nimish MehtaCFOFT$148,615-$148,615
Pia HarrisDirector of Economic DevelopmentFT$102,531$40,500$143,031
Sarah GrahamRed Project ManagerFT$114,692$11,389$126,081
Taylor BookerDirector of Resident ServicesFT$117,923-$117,923
Reginald HarristonRed Project ManagerFT$110,000-$110,000

Board Members and Trustees

NameTitle
Lena RobinsonChair
Daniel Y WongVice Chair
Antoinette McgillDirector
Charles TurnerDirector
Dorris VincentDirector
Eddie WalkerDirector
Jennifer EskildsenDirector
Noreen BeiroSecretary
Ben GolvinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,302,204
Program Service Revenue
$2,516,604
Investment Income
$435
Other Revenue
$-21,482
All Other Contributions
$757,070
Change in Net Assets
$-647,865
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,838,007
Salaries, Compensation, and Employee Benefits$3,597,619
Total Fundraising Expense$264,561
Grants and Similar Amounts Paid$10,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,091,225$505,704$99,216$2,696,145
Fees for Services Other$1,795,692$137,651$100,240$2,033,583
Interest$771,450$33,792-$805,242
Occupancy$428,979$36,217$-708$464,488
Insurance$360,989$25,222$1,074$387,285
All Other Expenses$198,851$163,965$18,126$380,942
Depreciation Depletion$371,088$4,908$996$376,992
Current Officers, Directors, Trustees, and Key Employees$283,310$68,209$13,444$364,963
Other Employee Benefits$232,093$49,050$10,768$291,911
Payroll Taxes$191,318$44,187$9,095$244,600
Fees for Services Accounting$12,170$214,712-$226,882
Fees for Services Legal$52,503$42,792-$95,295
Other Expenses$81,713$13,054$194$94,961
Office Expenses$27,143$28,144$5,071$60,358
Travel$9,118$2,278$4,369$15,765
Grants to Domestic Orgs$10,000--$10,000
Advertising$7,095$297$2,057$9,449
Total Functional Expenses$7,794,012$1,387,053$264,561$9,445,626
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$57,053
Fundraising Gross Income$35,571
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Gala$316,265$35,571$57,053$-21,482
Total Events$316,265$35,571$57,053$-21,482
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$1,578,463
Line of Credit$458,697
Accrued Interest$398,734
Tenant Security Deposits$78,756
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 ceo and finance administration edits and reviews form 990, with additional review by the consulting cpa.”

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

“The ceo and board monitor all actions constituting a potential conflict of interest among board and staff. The board follows the written policy and by-laws to require that a) interested board members declare their interest, b) sit out of discussion relating to their conflict, other than answering questions, and c) recuse themselves from voting on such items.”

Form 990, Part VI, Section B, Line 15

“The process included a written self-review, a written review by the full board following a discussion. Compensation was also determined based on review of two independent studies of bay area nonprofit organizations that show compensation for ceos by geography, organization size, organization budget, field of work and other factors.”

Form 990, Part VI, Section C, Line 19

“The public may contact our offices and/or view form 990 on our website - www.sfhdc.org”

Filing and Contact Details

Filer

Filer Name
San Francisco Housing Development
EIN
94-3090854
Phone
4158221022
Address
4439 THIRD STREET, SAN FRANCISCO, CA 94124

Signing Officer

Name
David J Sobel
Title
CEO
Phone
4158221022
Signed
2024-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David J Sobel
Formed
1988
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
36
Volunteers
9

Preparer

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

Additional Explanations

Form 990, Part IX, Line 11G

“Contractors: program service expenses 939,584. Management and general expenses 125,894. Fundraising expenses 100,240. Total expenses 1,165,718. Subcontractors: program service expenses 856,108. Management and general expenses 11,757. Fundraising expenses 0. Total expenses 867,865.”

FORM 990, PART XII, LINE 2C:

“The process of overseeing the audit and selecting an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Sfhdc and subsidiaries believe that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. Sfhdc and subsidiaries' federal and state income tax and information returns for the fiscal years ended 2019 through 2022 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for federal and state, respectively.”

Raw XML AppendixShowing 400 of 1,074 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01231694
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0645726
IRS990/AccountsReceivableGrp/BOYAmt052838
IRS990/AccountsReceivableGrp/EOYAmt0391081
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0AFFORDABLE HOUSING DEVELOPMENT, HOMEOWNERSHIP, HOUSING AND FINANCIAL EMPOWERMENT SERVICES.
IRS990/AdvertisingGrp/FundraisingAmt02057
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0297
IRS990/AdvertisingGrp/ProgramServicesAmt07095
IRS990/AdvertisingGrp/TotalAmt09449
IRS990/AllOtherContributionsAmt0757070
IRS990/AllOtherExpensesGrp/FundraisingAmt018126
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0163965
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0198851
IRS990/AllOtherExpensesGrp/TotalAmt0380942
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum04158221022
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04439 THIRD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SAN FRANCISCO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094124
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0851918
IRS990/CashNonInterestBearingGrp/EOYAmt0476262
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt013444
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt068209
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0283310
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0364963
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContriRptFundraisingEventAmt0280694
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt06302204
IRS990/CYGrantsAndSimilarPaidAmt010000
IRS990/CYInvestmentIncomeAmt0435
IRS990/CYOtherExpensesAmt05838007
IRS990/CYOtherRevenueAmt0-21482
IRS990/CYProgramServiceRevenueAmt02516604
IRS990/CYRevenuesLessExpensesAmt0-647865
IRS990/CYSalariesCompEmpBnftPaidAmt03597619
IRS990/CYTotalExpensesAmt09445626
IRS990/CYTotalFundraisingExpenseAmt0264561
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt08797761
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0174884
IRS990/DeferredRevenueGrp/EOYAmt0707375
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt0996
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt04908
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0371088
IRS990/DepreciationDepletionGrp/TotalAmt0376992
IRS990/Desc0REAL ESTATE DEVELOPMENT:SFHDC'S REAL ESTATE DEVELOPMENT TEAM COMPLETED RENOVATIONS AND LEASE-UP OF 168 SICKLES AVE, A 12-UNIT PRESERVATION PROJECT; BEGAN RENOVATIONS ON 936 GEARY STREET, 375 14TH STREET, AND 528 NATOMA STREET, PRESERVING ANOTHER 51 AFFORDABLE UNITS; AND MADE PROGRESS ON PRE-DEVELOPMENT FOR THE SOON-TO-BE-CONSTRUCTED 160 FREELON STREET AND SHIPYARD BLOCK 56, TOTALING APPROXIMATELY 145 NEW UNITS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0570899
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0420340
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt036
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02846213
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0214712
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt012170
IRS990/FeesForServicesAccountingGrp/TotalAmt0226882
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt042792
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt052503
IRS990/FeesForServicesLegalGrp/TotalAmt095295
IRS990/FeesForServicesOtherGrp/FundraisingAmt0100240
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0137651
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01795692
IRS990/FeesForServicesOtherGrp/TotalAmt02033583
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1135.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1235.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1335.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1435.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1535.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt916957
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt114358
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1240500
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1411389
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0DANIEL Y WONG
IRS990/Form990PartVIISectionAGrp/PersonNm1BEN GOLVIN
IRS990/Form990PartVIISectionAGrp/PersonNm2NOREEN BEIRO
IRS990/Form990PartVIISectionAGrp/PersonNm3JENNIFER ESKILDSEN
IRS990/Form990PartVIISectionAGrp/PersonNm4LENA ROBINSON
IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES TURNER
IRS990/Form990PartVIISectionAGrp/PersonNm6EDDIE WALKER
IRS990/Form990PartVIISectionAGrp/PersonNm7DORRIS VINCENT
IRS990/Form990PartVIISectionAGrp/PersonNm8ANTOINETTE MCGILL
IRS990/Form990PartVIISectionAGrp/PersonNm9DAVID J SOBEL
IRS990/Form990PartVIISectionAGrp/PersonNm10NIMISH MEHTA
IRS990/Form990PartVIISectionAGrp/PersonNm11TOM KOSTOSKY
IRS990/Form990PartVIISectionAGrp/PersonNm12PIA HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm13TAYLOR BOOKER
IRS990/Form990PartVIISectionAGrp/PersonNm14SARAH GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm15REGINALD HARRISTON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9190962
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10148615
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11145269
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12102531
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13117923
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14114692
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15110000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt11INTERIM DIR. OF REAL ESTATE DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIR. OF ECONOMIC DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF RESIDENT SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt14RED PROJECT MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt15RED PROJECT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01988
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingAmt0280694
IRS990/FundraisingDirectExpensesAmt057053
IRS990/FundraisingGrossIncomeAmt035571
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt05264440
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt010000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt010000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt08854814
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt09
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt01074
IRS990/InsuranceGrp/ManagementAndGeneralAmt025222
IRS990/InsuranceGrp/ProgramServicesAmt0360989
IRS990/InsuranceGrp/TotalAmt0387285
IRS990/InterestGrp/ManagementAndGeneralAmt033792
IRS990/InterestGrp/ProgramServicesAmt0771450
IRS990/InterestGrp/TotalAmt0805242
IRS990/InvestmentIncomeGrp/ExclusionAmt0435
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0435
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt02808038
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02804045
IRS990/IRPDocumentCnt097
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01656699
IRS990/LandBldgEquipBasisNetGrp/BOYAmt021923454
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024769690
IRS990/LandBldgEquipCostOrOtherBssAmt026426389
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0WE FOSTER FINANCIAL STABILITY THROUGH THE DEVELOPMENT OF AFFORDABLE HOUSING, THE FACILITATION OF ASSET BUILDING, AND REVITALIZATION OF SAN FRANCISCO'S UNDERSERVED NEIGHBORHOODS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt020945687
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt026244312
IRS990/NetAssetsOrFundBalancesBOYAmt014085901
IRS990/NetAssetsOrFundBalancesEOYAmt013438036
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-21482
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-21482
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt013515002
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt013017696
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0-708
IRS990/OccupancyGrp/ManagementAndGeneralAmt036217
IRS990/OccupancyGrp/ProgramServicesAmt0428979
IRS990/OccupancyGrp/TotalAmt0464488
IRS990/OfficeExpensesGrp/FundraisingAmt05071
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt028144
IRS990/OfficeExpensesGrp/ProgramServicesAmt027143
IRS990/OfficeExpensesGrp/TotalAmt060358
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08539029
IRS990/OtherAssetsTotalGrp/EOYAmt011788615
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010768
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049050
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0232093
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0291911
IRS990/OtherExpensesGrp/Desc0RESIDENT OUTREACH
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPL/FOOD/MATE
IRS990/OtherExpensesGrp/Desc2RENTAL ASSISTANCE
IRS990/OtherExpensesGrp/Desc3LICENSES AND FEES
IRS990/OtherExpensesGrp/FundraisingAmt0619
IRS990/OtherExpensesGrp/FundraisingAmt1194
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016871
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt113054
IRS990/OtherExpensesGrp/ProgramServicesAmt0418912
IRS990/OtherExpensesGrp/ProgramServicesAmt1323304
IRS990/OtherExpensesGrp/ProgramServicesAmt2127059
IRS990/OtherExpensesGrp/ProgramServicesAmt381713
IRS990/OtherExpensesGrp/TotalAmt0418912
IRS990/OtherExpensesGrp/TotalAmt1340794
IRS990/OtherExpensesGrp/TotalAmt2127059
IRS990/OtherExpensesGrp/TotalAmt394961
IRS990/OtherLiabilitiesGrp/BOYAmt0461050
IRS990/OtherLiabilitiesGrp/EOYAmt02514650
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt099216
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0505704
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02091225
IRS990/OtherSalariesAndWagesGrp/TotalAmt02696145
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt09095
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt044187
IRS990/PayrollTaxesGrp/ProgramServicesAmt0191318
IRS990/PayrollTaxesGrp/TotalAmt0244600
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02043287
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01653981
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt094834
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0299189
IRS990/PrincipalOfficerNm0DAVID J SOBEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/BusinessCd4531110
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2PROJECT MGMT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4INCOME FROM PTRSHIP.
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01304734
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1815513
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2326883
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt352541
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt416933
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01304734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1815513
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2326883
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt352541
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt416933
IRS990/ProgSrvcAccomActy2Grp/Desc0FINANCIAL EMPOWERMENT & HOUSING COUNSELING:SFHDC'S FINANCIAL EMPOWERMENT PROGRAM EDUCATED 1,465 LOW- AND MODERATE-INCOME INDIVIDUALS THROUGH FIRST-TIME HOMEBUYER WORKSHOPS; PROVIDED RENTAL COUNSELING TO OVER 200 CLIENTS; IMPROVED THE FINANCIAL LITERACY OF HUNDREDS OF ADDITIONAL CLIENTS; AND SUPPORTED 35 HOUSEHOLDS IN BUYING THEIR FIRST HOMES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01022323
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0855516
IRS990/ProgSrvcAccomActy3Grp/Desc0RESIDENT SERVICES:IN THE AREA OF RESIDENT SERVICES, SFHDC PROVIDED MEANINGFUL, ON-SITE SUPPORT TO APPROXIMATELY 2,500 RESIDENTS ACROSS EIGHT SITES, INCLUDING TWO NEW PROPERTIES. IT ALSO HOSTED DOZENS OF COMMUNITY-BUILDING ACTIVITIES AND EVENTS, SERVING YOUTH, ADULTS, SENIORS, AND WHOLE FAMILIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01160302
IRS990/ProgSrvcAccomActy3Grp/GrantAmt010000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0287896
IRS990/ProgSrvcAccomActyOtherGrp/Desc0ECONOMIC DEVELOPMENT:OUR ECONOMIC DEVELOPMENT PROGRAM LAUNCHED "IN THE BLACK", A BRICK AND MORTAR SHOP FEATURING PRODUCTS BY 20 BLACK ENTREPRENEURS; GRADUATED TWO COHORTS, TOTALING 67 BUSINESSES, THROUGH OUR "MINDING MY BLACK-OWNED BUSINESS" TECHNICAL ASSISTANCE PROGRAM; SOURCED 9,500 HOT MEALS THROUGH LOCAL CHEFS FOR DISTRIBUTION TO LOW-INCOME SENIORS; AND COORDINATED THE JUNETEENTH FESTIVAL AND THE WESTERN ADDITION MUSIC FESTIVAL, ATTRACTING THOUSANDS OF ATTENDEES
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02765174
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt01177
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04409730
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt06350
IRS990/PYInvestmentIncomeAmt0169
IRS990/PYOtherExpensesAmt03517764
IRS990/PYOtherRevenueAmt021328
IRS990/PYProgramServiceRevenueAmt04482102
IRS990/PYRevenuesLessExpensesAmt02647172
IRS990/PYSalariesCompEmpBnftPaidAmt02742043
IRS990/PYTotalExpensesAmt06266157
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08913329
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-647865
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01372015
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0585818
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01367236
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06302204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04409730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03410438
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03548437
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt02616979

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,550,099
Liabilities
$30,112,063
Net assets
$13,438,036
Revenue
$8,797,761
Expenses
$9,445,626
Net income
-$647,865
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.6$35.5$11.1$8.23$11.1$2.87
2023Detailed filing. Detailed filing data is available for this year.$43.6$30.1$13.4$8.80$9.45$0.65
2022Detailed filing. Detailed filing data is available for this year.$36.9$22.8$14.1$8.91$6.27$2.65
2021Detailed filing. Detailed filing data is available for this year.$22.1$10.6$11.4$8.94$4.38$4.56
2020Detailed filing. Detailed filing data is available for this year.$14.3$7.46$6.88$5.12$3.93$1.19
2019Detailed filing. Detailed filing data is available for this year.$12.0$6.29$5.69$5.85$4.06$1.79
2018Detailed filing. Detailed filing data is available for this year.$7.55$2.51$5.04$3.72$3.01$0.71
2017Detailed filing. Detailed filing data is available for this year.$6.69$2.36$4.33$2.93$2.64$0.29
2016Detailed filing. Detailed filing data is available for this year.$6.33$2.29$4.04$2.65$2.26$0.39
2015Detailed filing. Detailed filing data is available for this year.$5.89$2.24$3.65$2.69$1.32$1.37
2014Detailed filing. Detailed filing data is available for this year.$7.37$5.84$1.53$3.95$3.36$0.58
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.58$8.57$1.01$0.80
2012Summary only. Only limited summary data is available for this year.$9.68$8.39$1.30$0.77$0.92$0.15
2011Summary only. Only limited summary data is available for this year.$9.18$7.75$1.43$6.11$6.82$0.71