Hobart Preservation Foundation
- Assets
- $23.3m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 5
- Location
- San Francisco, CA
- Founding
- 12/2010
- Data as of
- 09/2023
- EIN
- 80-0518390
Organization Overview
Hobart Preservation Foundation is located in San Francisco, CA. The organization was established in 2010. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Hobart Preservation Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hobart Preservation Foundation 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 09/2023, Hobart Preservation Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $3.7m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hobart Preservation Foundation has awarded 18 individual grants totaling $1,571,055. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND MAINTAIN THE HISTORIC HOBART BUILDING, A SAN FRANCISCO LANDMARK
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTENANCE AND PRESERVATION OF THE HISTORICALLY IMPORTANT HOBART BUILDING, A SAN FRANCISCO LANDMARK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Zellerbach CEO | Trustee | 29 | $23,988 |
Russell B Lyman Secretary | Trustee | 11.5 | $23,988 |
Susan Cook Hoganson CFO | Trustee | 2 | $23,988 |
Michelle Owczarzak Director | Trustee | 5 | $23,988 |
Elizabeth Z Rufer Director | Trustee | 5 | $23,988 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eric F Anderson Inc Repairs&improvements | 9/29/23 | $230,766 |
Be Properties Inc Consulting/management | 9/29/23 | $134,286 |
Admiral Security Building Security | 9/29/23 | $166,779 |
Abm Janitorial Service | 9/29/23 | $300,090 |
Michelle Owczarzak Management | 9/29/23 | $142,963 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,299,626 |
| Investment income | $21,008 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$465,262 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,066,601 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $80,235 |
| 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. | $119,940 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $325,747 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,279 |
| Payroll taxes | $14,194 |
| Fees for services: Management | $53,535 |
| Fees for services: Legal | $58,266 |
| Fees for services: Accounting | $167,126 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $199,930 |
| Advertising and promotion | $0 |
| Office expenses | $14,519 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $524,465 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $756,349 |
| Insurance | $70,202 |
| All other expenses | $122,492 |
| Total functional expenses | $3,695,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $896,319 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $139,210 |
| 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 | $0 |
| Net Land, buildings, and equipment | $22,145,151 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $122,929 |
| Other assets | $0 |
| Total assets | $23,303,609 |
| Accounts payable and accrued expenses | $61,714 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $11,853,144 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $238,503 |
| Total liabilities | $12,153,361 |
| Net assets without donor restrictions | $11,150,248 |
| Net assets with donor restrictions | $0 |
| 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 | $23,303,609 |
Grants Awarded
Over the last fiscal year, Hobart Preservation Foundation has awarded $80,235 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LEVISON-LEVY CHARITABLE TRUST PURPOSE: UNRESTRICTED | $70,235 |
SAN FRANCISCO HERITAGE PURPOSE: HAAS-LILIENTHAL HOUSE COMMUNITY EDU | $10,000 |