Civic Intelligence

480 Valencia Inc

EIN 94-3147614 • 501(c)3 • San Francisco, CA

Profile

To benefit and support mission housing development corporation, a california nonprofit public benefit corporation, and its purposes in accordance with section 509(a)(3) of the internal revenue code by (1) providing affordable housing for low-income persons, where inadequate housing exists for such groups; and (2) providing decent, safe and sanitary housing for low-income persons, or for low-income persons who are homeless or in imminent danger of homelessness, or who are displaced from urban renewal areas, or as a result of governmental action, or a major disaster where inadequate housing exists for such groups.

474 Valencia Street Suite 280San Francisco, CA 94103

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

47.24x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

115.88x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

2nd percentile

-1525%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

32nd percentile

-18%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

2.5%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$97,768

Down $21,544 (-18%) from 2023

Liabilities

Up

$4,618,524

Up $586,335 (+15%) from 2023

Net Assets

Down

-$4,520,756

Down $607,879 (-16%) from 2023

Revenue

Up

$39,856

Up $966 (+2.5%) from 2023

Expenses

Up

$647,735

Up $302,525 (+88%) from 2023

Net Income

Down

-$607,879

Down $301,559 (-98%) from 2023

Trend Graphs

Balance Sheet Trend

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

$5.0M$0-$5.0MAssets 2011: $149,344Liabilities 2011: $176,2142011Assets 2012: $49,867Liabilities 2012: $525,8232012Assets 2013: $63,464Liabilities 2013: $944,3622013Assets 2014: $84,184Liabilities 2014: $1,217,328Net Assets 2014: -$1,133,1442014Assets 2015: $30,063Liabilities 2015: $1,460,701Net Assets 2015: -$1,430,6382015Assets 2016: $30,150Liabilities 2016: $1,682,374Net Assets 2016: -$1,652,2242016Assets 2017: $29,999Liabilities 2017: $1,860,714Net Assets 2017: -$1,830,7152017Assets 2018: $30,123Liabilities 2018: $2,124,137Net Assets 2018: -$2,094,0142018Assets 2019: $29,806Liabilities 2019: $2,643,018Net Assets 2019: -$2,613,2122019Assets 2020: $29,305Liabilities 2020: $2,909,747Net Assets 2020: -$2,880,4422020Assets 2021: $28,278Liabilities 2021: $3,250,816Net Assets 2021: -$3,222,5382021Assets 2022: $95,704Liabilities 2022: $3,702,261Net Assets 2022: -$3,606,5572022Assets 2023: $119,312Liabilities 2023: $4,032,189Net Assets 2023: -$3,912,8772023Assets 2024: $97,768Liabilities 2024: $4,618,524Net Assets 2024: -$4,520,7562024

Highlighted filing

2024

Assets$97,768
Liabilities$4,618,524
Net Assets-$4,520,756

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: $28,663Expenses 2011: $331,960Net Income 2011: -$303,2972011Revenue 2012: $29,260Expenses 2012: $478,346Net Income 2012: -$449,0862012Revenue 2013: $30,026Expenses 2013: $434,968Net Income 2013: -$404,9422013Revenue 2014: $31,295Expenses 2014: $283,541Net Income 2014: -$252,2462014Revenue 2015: $10,957Expenses 2015: $308,451Net Income 2015: -$297,4942015Revenue 2016: $11,466Expenses 2016: $233,052Net Income 2016: -$221,5862016Revenue 2017: $12,754Expenses 2017: $191,245Net Income 2017: -$178,4912017Revenue 2018: $13,905Expenses 2018: $277,204Net Income 2018: -$263,2992018Revenue 2019: $13,638Expenses 2019: $532,836Net Income 2019: -$519,1982019Revenue 2020: $13,677Expenses 2020: $280,907Net Income 2020: -$267,2302020Revenue 2021: $13,728Expenses 2021: $355,824Net Income 2021: -$342,0962021Revenue 2022: $81,908Expenses 2022: $465,927Net Income 2022: -$384,0192022Revenue 2023: $38,890Expenses 2023: $345,210Net Income 2023: -$306,3202023Revenue 2024: $39,856Expenses 2024: $647,735Net Income 2024: -$607,8792024

Highlighted filing

2024

Revenue$39,856
Expenses$647,735
Net Income-$607,879

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.10$4.62$4.52$0.04$0.65$0.61
2023Detailed filing. Detailed filing data is available for this year.$0.12$4.03$3.91$0.04$0.35$0.31
2022Detailed filing. Detailed filing data is available for this year.$0.10$3.70$3.61$0.08$0.47$0.38
2021Detailed filing. Detailed filing data is available for this year.$0.03$3.25$3.22$0.01$0.36$0.34
2020Detailed filing. Detailed filing data is available for this year.$0.03$2.91$2.88$0.01$0.28$0.27
2019Detailed filing. Detailed filing data is available for this year.$0.03$2.64$2.61$0.01$0.53$0.52
2018Detailed filing. Detailed filing data is available for this year.$0.03$2.12$2.09$0.01$0.28$0.26
2017Detailed filing. Detailed filing data is available for this year.$0.03$1.86$1.83$0.01$0.19$0.18
2016Detailed filing. Detailed filing data is available for this year.$0.03$1.68$1.65$0.01$0.23$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.03$1.46$1.43$0.01$0.31$0.30
2014Detailed filing. Detailed filing data is available for this year.$0.08$1.22$1.13$0.03$0.28$0.25
2013Summary only. Only limited summary data is available for this year.$0.06$0.94$0.03$0.43$0.40
2012Summary only. Only limited summary data is available for this year.$0.05$0.53$0.03$0.48$0.45
2011Summary only. Only limited summary data is available for this year.$0.15$0.18$0.03$0.33$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 24, 2025
Return Version
2024v5.2
Gross Receipts
$39,856
Mission and Program Overview

Mission

To benefit and support mission housing development corporation, a california nonprofit public benefit corporation, and its purposes in accordance with section 509(a)(3) of the internal revenue code by (1) providing affordable housing for low-income persons, where inadequate housing exists for such groups; and (2) providing decent, safe and sanitary housing for low-income persons, or for low-income persons who are homeless or in imminent danger of homelessness, or who are displaced from urban renewal areas, or as a result of governmental action, or a major disaster where inadequate housing exists for such groups.

To benefit and support mission housing development corporation, a californianonprofit public benefit corporation, and its purposes in accordance with section509(a)(3) of the internal revenue code by (1) providing affordable housing forlow-income persons, where inadequate housing exists for such groups; and (2)providing decent, safe and sanitary housing for low-income persons, or forlow-income persons who are homeless or in imminent danger of homelessness, or whoare displaced from urban renewal areas, or as a result of governmental action, ora major disaster where inadequate housing exists for such groups

Program Services

DescriptionGrantsExpenses
THE CORPORATION SERVES AS A GENERAL PARTNER FOR TWO PARTNERSHIPSWHICH PROVIDE A TOTAL OF 159 UNITS OF HOUSING FOR LOW-INCOMEFAMILIES IN SAN FRANCISCO, CALIFORNIA.$0$647,735
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SAM MOSSDirector-$0--
JON LAYMANPresident-$0--
MUSETTA SOVice President-$0--
JULIA KOSHELEVACFO-$0--
MARA ROSALESSecretary-$0--
Filing and Contact Details

Filer

Filer Name
480 Valencia Inc
EIN
94-3147614
Phone
4158646432
Address
474 VALENCIA STREET SUITE 280, SAN FRANCISCO, CA 94103

Signing Officer

Name
Sam Moss
Title
Executive Director
Phone
4158646432
Signed
2025-10-24
Discuss with paid preparer
Yes

Preparer

Firm
Aprio Advisory Group LLC
Address
2185 N CALIFORNIA BLVD SUITE 350, WALNUT CREEK, CA 94596
Preparer
James W Godbee Jr
Phone
9252102180
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 256.

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: genrl support:low inc hsg. Grantee name: mission housing development corporation. Grantee address: 474 valencia street, suite 280 san francisco, ca 94103. Grantee relationship: related 501 (c) (3) entity. Amount given: 1,145.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: allocable share ps expenses. Amount: 620,885. Description: asset management fee. Amount: 25,130. Description: miscellaneous taxes & licenses. Amount: 25. Total to form 990-ez, line 16: 646,040.

Form 990-ez, Part II, Line 24 - Other Assets

Description: asset management fee receivable. Beg. Of year amount: 92,307. End of year amount: 71,310. Description: investment in partnership. Beg. Of year amount: 27,005. End of year amount: 26,458.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: asset management fee payable. Beg. Of year amount: 92,307. End of year amount: 71,310. Description: investment in ps - negative cap acct. Beg. Of year amount: 3,939,882. End of year amount: 4,547,214.

Raw XML Appendix169 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.

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IRS990EZ/PrimaryExemptPurposeTxt0TO BENEFIT AND SUPPORT MISSION HOUSING DEVELOPMENT CORPORATION, A CALIFORNIANONPROFIT PUBLIC BENEFIT CORPORATION, AND ITS PURPOSES IN ACCORDANCE WITH SECTION509(A)(3) OF THE INTERNAL REVENUE CODE BY (1) PROVIDING AFFORDABLE HOUSING FORLOW-INCOME PERSONS, WHERE INADEQUATE HOUSING EXISTS FOR SUCH GROUPS; AND (2)PROVIDING DECENT, SAFE AND SANITARY HOUSING FOR LOW-INCOME PERSONS, OR FORLOW-INCOME PERSONS WHO ARE HOMELESS OR IN IMMINENT DANGER OF HOMELESSNESS, OR WHOARE DISPLACED FROM URBAN RENEWAL AREAS, OR AS A RESULT OF GOVERNMENTAL ACTION, ORA MAJOR DISASTER WHERE INADEQUATE HOUSING EXISTS FOR SUCH GROUPS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 256.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: GENRL SUPPORT:LOW INC HSG. GRANTEE NAME: MISSION HOUSING DEVELOPMENT CORPORATION. GRANTEE ADDRESS: 474 VALENCIA STREET, SUITE 280 SAN FRANCISCO, CA 94103. GRANTEE RELATIONSHIP: RELATED 501 (C) (3) ENTITY. AMOUNT GIVEN: 1,145.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ALLOCABLE SHARE PS EXPENSES. AMOUNT: 620,885. DESCRIPTION: ASSET MANAGEMENT FEE. AMOUNT: 25,130. DESCRIPTION: MISCELLANEOUS TAXES & LICENSES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 646,040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ASSET MANAGEMENT FEE RECEIVABLE. BEG. OF YEAR AMOUNT: 92,307. END OF YEAR AMOUNT: 71,310. DESCRIPTION: INVESTMENT IN PARTNERSHIP. BEG. OF YEAR AMOUNT: 27,005. END OF YEAR AMOUNT: 26,458.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ASSET MANAGEMENT FEE PAYABLE. BEG. OF YEAR AMOUNT: 92,307. END OF YEAR AMOUNT: 71,310. DESCRIPTION: INVESTMENT IN PS - NEGATIVE CAP ACCT. BEG. OF YEAR AMOUNT: 3,939,882. END OF YEAR AMOUNT: 4,547,214.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SAM MOSS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04158646432
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0480 VALENCIA INC
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ReturnHeader/Filer/EIN0943147614
ReturnHeader/Filer/PhoneNum04158646432
ReturnHeader/Filer/USAddress/AddressLine1Txt0474 VALENCIA STREET SUITE 280
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0582487348
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0APRIO ADVISORY GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02185 N CALIFORNIA BLVD SUITE 350
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALNUT CREEK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd094596
ReturnHeader/PreparerPersonGrp/PhoneNum09252102180
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES W GODBEE JR
ReturnHeader/ReturnTs02025-10-27T12:02:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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