EIN 94-3090854

San Francisco Housing Development Corporation (SFHDC)

IRS 501(c) type
501(c)(3)
Num. employees
36
Year formed
1988
Most recent tax filings
2023-06-01
Description
SFHDC's mission is to foster financial stability through the development of affordable housing, the facilitation of homeownership and the economic empowerment and revitalization of Bayview Hunters Point and other neighborhoods of Southeast San Francisco.
Total revenues
$8,797,761
2023
Total expenses
$9,445,626
2023
Total assets
$43,550,099
2023
Num. employees
36
2023

Program areas at SFHDC

Real 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.
Resident 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.
Financial 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.
Economic 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

Who funds San Francisco Housing Development Corporation (SFHDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The San Francisco Foundation (TSFF)Advised - To Help San Francisco Housing Development Corporation Offer Homeownership and Financial Coaching Classes. Including Credit Counseling and Small Business Support in the Bay Area.$250,000
Consumer Credit Counseling Service of San Francisco (CCCS)Housing Counseling & Education$200,750
Enterprise Community PartnersCapacity Building$43,421
...and 4 more grants received

Personnel at SFHDC

NameTitleCompensation
David SobelChief Executive Officer$190,962
Nimish MehtaChief Financial Officer$148,615
Taylor BookerDirector of Resident Services / Resident Services Manager$117,923
Sheri PowersDirector of Financial Empowerment and Economic Development / Director Housing Counseling and Financial Empowerment$129,503
Tom KostoskyAssociate Director of Real Estate Development / Interim Director Real Estate Development / Interim Director of Real Estate Development$145,269
...and 10 more key personnel

Financials for SFHDC

RevenuesFYE 06/2023
Total grants, contributions, etc.$6,302,204
Program services$2,516,604
Investment income and dividends$435
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-21,482
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,797,761

Form 990s for SFHDC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-10-16990View PDF
2021-062022-07-18990View PDF
2020-062021-05-20990View PDF
2019-062021-01-27990View PDF
...and 10 more Form 990s
Data update history
October 19, 2024
Updated personnel
Identified 6 new personnel
October 18, 2024
Updated personnel
Identified 2 new personnel
August 25, 2024
Received grants
Identified 3 new grant, including a grant for $250,000 from The San Francisco Foundation (TSFF)
July 18, 2024
Updated personnel
Identified 4 new personnel
July 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Fundraising eventsState / local levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
4439 Third St
San Francisco, CA 94124
Metro area
San Francisco-Oakland-Berkeley, CA
County
San Francisco County, CA
Website URL
sfhdc.org/ 
Phone
(415) 822-1022
Facebook page
SanFranciscoHousingDevelopmentCorporation 
Twitter profile
@sfhdc 
IRS details
EIN
94-3090854
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1988
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
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
073074
FTB Entity ID
1621283
AB 488 data last updated ("as-of") date
2024-12-31
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