Homeownership San Francisco
- Assets
- $912.7k
- Revenue
- $742.0k
- Investments
- $0.0
- Employees
- 8
- Location
- San Francisco, CA
- Founding
- 04/2009
- Data as of
- 06/2022
- EIN
- 26-4226218
Organization Overview
Homeownership San Francisco is located in San Francisco, CA. The organization was established in 2009. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Homeownership San Francisco employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeownership San Francisco is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Homeownership San Francisco generated $742.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $686.3k during the year ending 06/2022. While expenses have increased by 11.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HOMEOWNERSHIP SF PROVIDES HOUSING INFORMATION, RESOURCES AND REFERRALS FOR AFFORDABLE RENTAL HOUSING, FIRST TIME HOMEBUYERS, AND CURRENT HOMEOWNERS IN SAN FRANCISCO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMEOWNERSHIP SF PROVIDES HOUSING INFORMATION, RESOURCES AND REFERRALS FOR AFFORDABLE RENTAL HOUSING, FIRST TIME HOMEBUYERS, AND CURRENT HOMEOWNERS IN SAN FRANCISCO. WITH SUPPORT AND COORDINATION FROM HOMEOWNERSHIP SF, OUR MEMBER HOUSING COUNSELING AGENCIES COLLECTIVELY PROVIDED 64 FIRST TIME HOMEBUYER WORKSHOPS IN SAN FRANCISCO, WHICH WERE ATTENDED BY 2,912 INDIVIDUALS. ADDITIONALLY, WE CONNECTED INTERESTED HOMEBUYERS WITH 56 CITY HOMEOWNERSHIP ORIENTATIONS FOR FIRST TIME BUYERS, WHICH WERE ATTENDED BY 4,250 INDIVIDUALS. HOMEOWNERSHIP SF FIELDED THOUSANDS OF CLIENT INQUIRIES, AND REFERRED HOUSEHOLDS NEEDING FINANCIAL EDUCATION TO OUR MEMBER HOUSING COUNSELING AGENCIES. IN TOTAL, 3,681 INDIVIDUALS RECEIVED FINANCIAL EDUCATION AT 105 FINANCIAL SERVICES WORKSHOPS ON TOPICS SUCH AS BUDGETING AND CREDIT BUILDING. WE ALSO ASSISTED 359 CURRENT HOMEOWNERS, THAT ATTENDED 10 WORKSHOPS FOR LOW TO MODERATE INCOME HOME OWNERS. HOME OWNER WORKSHOP TOPICS INCLUDED HOME MAINTENANCE AND REPAIR, PROPERTY TAXES, HOMEOWNERS ASSOCIATION (HOA) BASICS, AND OTHER TOPICS RELEVANT TO THE HOUSEHOLDS WHO HAVE PURCHASED HOMES UTILIZING OUR CITY PROGRAMS. WE ALSO CONNECTED 57 HOMEOWNERS EXPERIENCING FINANCIAL HARDSHIP TO FORECLOSURE PREVENTION SUPPORT AT OUR MEMBER HOUSING COUNSELING AGENCIES. HOMEOWNERSHIP SF SUPPORTED RENTAL HOUSING SERVICES, COORDINATING WITH 12 DIFFERENT PARTNERING AGENCIES TO PROMOTE 119 DIFFERENT DROP IN HOUSING CLINICS FOR SAN FRANCISCO RESIDENTS TO RECEIVE APPLICATION ASSISTANCE TO SUBMIT FOR AN AFFORDABLE RENTAL UNIT. THESE CLINICS WERE ATTENDED BY 700 INDIVIDUALS AND 5,789 RENTAL APPLICATIONS WERE SUBMITTED IN TOTAL. ADDITIONALLY, 2,260 INDIVIDUALS RECEIVED INDIVIDUAL RENTAL COUNSELING AND SUPPORT WITH AFFORDABLE RENTAL PROGRAMS. OUR HOMEOWNERSHIP SF WEBSITE WAS VISITED BY 42,000 USERS SEEKING INFORMATION ON AFFORDABLE HOMEOWNER AND RENTAL HOUSING OPPORTUNITIES, FINANCIAL SERVICES, WORKSHOP SCHEDULES, CITY PROGRAM UPDATES, AND SEEKING CONNECTION TO HOUSING SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Way Executive Dir. | Officer | 40 | $100,584 |
Christi Baker Board Chair | OfficerTrustee | 2 | $0 |
Joel Luebkema Vice Chair | OfficerTrustee | 2 | $0 |
Sheri Powers Treasurer | OfficerTrustee | 2 | $0 |
Rick Harper Co-Secty | OfficerTrustee | 2 | $0 |
Nicole Mccray-Dickerson Co-Secty | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $641,837 |
| All other contributions, gifts, grants, and similar amounts not included above | $57,380 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $699,217 |
| Total Program Service Revenue | $42,732 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,971 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $115,736 |
| Compensation of current officers, directors, key employees. | $8,965 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $354,581 |
| Pension plan accruals and contributions | $10,816 |
| Other employee benefits | $42,221 |
| Payroll taxes | $37,000 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,899 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,648 |
| Advertising and promotion | $4,100 |
| Office expenses | $17,499 |
| Information technology | $10,531 |
| Royalties | $0 |
| Occupancy | $27,731 |
| Travel | $1,027 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,518 |
| All other expenses | $0 |
| Total functional expenses | $686,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $554,896 |
| Savings and temporary cash investments | $185,914 |
| Pledges and grants receivable | $5,250 |
| Accounts receivable, net | $151,732 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,912 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $912,704 |
| Accounts payable and accrued expenses | $94,547 |
| Grants payable | $72,403 |
| Deferred revenue | $122,800 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $289,750 |
| Net assets without donor restrictions | $614,204 |
| Net assets with donor restrictions | $8,750 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $912,704 |