EIN 51-0187791

Mission Economic Development Agency (MEDA)

IRS 501(c) type
501(c)(3)
Num. employees
118
Year formed
1973
Most recent tax filings
2022-12-01
Description
Mission Economic Development Agency (MEDA) is a community economic development corporation located in San Francisco's Mission District. to achieve economic justice, via asset development, for San Francisco's low- and moderate-income Latino families.
Total revenues
$26,896,587
2022
Total expenses
$23,943,298
2022
Total assets
$192,408,729
2022
Num. employees
118
2022

Program areas at MEDA

The community real estate program preserves and produces affordable housing. Since 2015, meda has partnered with other san francisco based non-profit housing developers to acquire or build affordable housing apartment buildings, beginning in 2016, with the assistance of the city and county of san francisco, meda and subsidiaries also began their acquisition and rehabilitation of "small sites" in the Mission district of san francisco with the objective of preserving existing affordable housing. Meda and subsidiaries have acquired 34 "small sites" properties as of december 31, 2022.
Meda is the lead Agency for the mpn program, a federal initiative to help families succeed and students achieve. Meda is collaborating with san francisco united school district and a host of vital community partners to ensure that every child in the Mission district of san francisco is on track to thrive, from cradle to college and beyond.
Meda's asset building programs include workshops and individual coaching to help low-income and moderate-income clients achieve family Economic success. Free programs include: financial capability, business Development, housing opportunities, free tax preparation, and workforce Development.
Mission community loan fund llc dba fondo adelante is organized and operates exclusively to further the following specific charitable purposes of meda: to provide affordable and accessible (a) small business and consumer loan products for persons who have not been able to access the capital needed to operate, expand, or acquire their business or meet their household needs, (b) real estate loan products to facilitate the preservation and creation of affordable residential and commercial real estate, and c) business coaching support and technical assistance to new and growing small business through the business Development program.
Meda is a data-driven organization that relies on robust client, program, and community-level data to assess needs, design interventions, and determine the effectiveness of its strategies. Evaluation services are key to the data analysis and Development of program strategies and community impact. Evaluation leverages technology, using a human-centered design approach to align data platforms with program needs and strengths, as well as facilitate service delivery. Evaluation services establish a regular cycle of process evaluation, with the goal fo driving program improvement through internal assessment of impact.
Meda's policy program is focused on the advancement of "social change toward a more equitable society," assessing the outcome of policies on the well-being of low-income latino and immigrant communities in san francisco's Mission district and surrounding environments. The policy work organizes and empowers community members to identify systemic inequities, creates and communicates strategic policy positions, and leads the charge on making meaningful policy changes to support the Mission district's most marginalized residents.

Grants made by MEDA

GranteeGrant descriptionAmount
San Francisco Housing Development Corporation (SFHDC)Capacity & Systems for Small Site Acquisition$150,000
Good Samaritan Family Resource Center of San FranciscoCommercial Tenant Improvement Grant$130,962
Youth SpeaksCommercial Tenant Improvement Grant$7,066

Who funds Mission Economic Development Agency (MEDA)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Blue Meridian PartnersTo Support Economic Mobility$3,500,000
The California EndowmentAdvancing Racial Justice and Healthy Communities Via Small Businesses: To Promote Healthy Communities By Supporting Catalytic Change That Will Create Equitable Access To Financing Among California Bipoc-Owned Small Businesses Through Piloting and Testing Innovative Underwriting, Field Building and Collective Advocacy for Systems Change in Practice.$838,000
The California EndowmentAdvancing Racial Justice and Healthy Communities Via Small Businesses: To Promote Healthy Communities By Supporting Catalytic Change That Will Create Equitable Access To Financing Among California Bipoc-Owned Small Businesses Through Piloting and Testing Innovative Underwriting, Field Building and Collective Advocacy for Systems Change in Practice.$762,000
...and 21 more grants received totalling $8,422,790

Personnel at MEDA

NameTitleCompensation
Luis GranadosChief Executive Officer / Executive Director$356,698
Jillian SpindleChief Operating Officer / Director of Development$186,690
Pamela BenoitChief Financial Officer
Berlina CeguerraDirector of Operations and Human Resources / Need Title$154,199
Tyler AdamsDirector of Finance$147,845
...and 16 more key personnel

Financials for MEDA

RevenuesFYE 12/2022
Total grants, contributions, etc.$19,711,723
Program services$7,369,837
Investment income and dividends$62,506
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-55,638
Net income from fundraising events$-191,841
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,896,587

Form 990s for MEDA

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-01990View PDF
2018-122020-01-23990View PDF
...and 8 more Form 990s
Data update history
August 25, 2024
Received grants
Identified 5 new grant, including a grant for $154,350 from StriveTogether
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $838,000 from The California Endowment
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 12, 2024
Updated personnel
Identified 3 new personnel
January 2, 2024
Received grants
Identified 10 new grant, including a grant for $500,000 from Crankstart Foundation
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCommunity Development Financial InstitutionsHeadquarter / parent organizationsCharities
Issues
Community improvementHispanicEconomic development
Characteristics
Political advocacyLobbyingFundraising eventsState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
2301 Mission St 301
San Francisco, CA 94110
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
medasf.org/ 
Phone
(415) 282-3334
Facebook page
medasf 
Twitter profile
@medasf 
IRS details
EIN
51-0187791
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
019740
FTB Entity ID
0688240
AB 488 data last updated ("as-of") date
2024-10-16
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