Sv Home
- Assets
- $2.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 14
- Location
- San Jose, CA
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-4755729
Organization Overview
Sv Home is located in San Jose, CA. The organization was established in 2017. According to its NTEE Classification (L05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Sv Home employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sv Home is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
DRIVING THE CREATION OF AFFORDABLE HOUSING FOR A MORE VIBRANT AND EQUITABLE SILICON VALLEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SV@HOME PAVES THE WAY FOR LOCAL AND REGIONAL SOLUTIONS TO SANTA CLARA COUNTY'S HOUSING CRISIS BY WORKING TO STREAMLINE THE HOUSING DEVELOPMENT PROCESS, IDENTIFY LAND OPPORTUNITIES, INCREASE FUNDING FOR NEW AFFORDABLE HOMES, AND CHANGE THE CONVERSATION AROUND HOUSING AND AFFORDABLE HOUSING. TO ACCOMPLISH THIS WORK, WE JOIN WITH COMMUNITY MEMBERS, PHILANTHROPIC, NONPROFIT, AND BUSINESS LEADERS, ELECTED OFFICIALS, AND DEVELOPERS TO LEVERAGE OUR RESOURCES, MAGNIFY OUR VOICES, AND ADVANCE COLLABORATIVE SOLUTIONS TO CALIFORNIA'S HOUSING CRISIS.SEE SCHEDULE O FOR CONTINUATION.LEARN POLICY AND RESEARCHSV@HOME PROVIDES OPPORTUNITIES FOR COMMUNITY MEMBERS AND INTERESTED PERSONS TO LEARN MORE ABOUT AFFORDABLE HOUSING. THROUGH REGULAR COMMUNICATION, USING SOCIAL MEDIA, EARNED MEDIA, AND E-NEWS, SV@HOME PUBLISHES INFORMATION ABOUT HOUSING TOPICS, CURRENT ISSUES, AND NEW SOLUTIONS. ADDITIONALLY, SV@HOME COLLECTS DATA, INFORMATION, AND BEST PRACTICES, AND CONDUCTS ORIGINAL RESEARCH TO EDUCATE PEOPLE ABOUT THE AFFORDABLE HOUSING CHALLENGE, THE PROGRESS THAT HAS BEEN MADE IN MEETING OUR HOUSING CONSTRUCTION GOALS, AND SUCCESSFUL WAYS TO RESPOND. LASTLY, SV@HOME LEADS THE CONVERSATION AROUND AFFORDABLE HOUSING TO RAISE AWARENESS, DEBUNK MYTHS, AND CHANGE THE DIALOGUE. ACT ADVOCACYSV@HOME ADVOCATES FOR LOCAL, REGIONAL, AND STATE POLICIES AND PROGRAMS THAT INCREASE THE HOUSING SUPPLY FOR PEOPLE AT ALL INCOME LEVELS, WITH A FOCUS ON LOWER-INCOME FAMILIES AND INDIVIDUALS. WORKING TOGETHER WITH OUR PARTNERS, SV@HOME CONVENES A BROAD COALITION TO SUPPORT PROGRESSIVE POLICIES THAT INCREASE THE SUPPLY OF AFFORDABLE HOUSING, PRESERVE THE EXISTING AFFORDABLE HOUSING STOCK, AND HELP CURRENT RESIDENTS STAY IN THE COMMUNITIES THEY CALL HOME. THE ULTIMATE GOAL OF OUR ADVOCACY IS TO PROVIDE AN OPPORTUNITY FOR ALL PEOPLE IN SANTA CLARA COUNTY TO HAVE ACCESS TO AFFORDABLE HOUSING, ENHANCING OUR QUALITY OF LIFE AND PROVIDING A FOUNDATION FOR EQUAL OPPORTUNITY, DIVERSITY, AND LIVABILITY.ENGAGE MEETINGS AND EVENTSSV@HOME HOSTS LUNCHTIME FORUMS, ROUNDTABLES, NETWORKING EVENTS, AND SPECIAL EVENT MEETINGS THAT OFFER COMMUNITY MEMBERS, ELECTED OFFICIALS, CITY STAFF, DEVELOPERS, FINANCIAL PROFESSIONALS, NONPROFIT PARTNERS, AND CORPORATE EMPLOYEES THE OPPORTUNITY TO COLLABORATE AROUND HOUSING SOLUTIONS. IN ADDITION TO REGULAR EVENTS THROUGHOUT THE YEAR, SV@HOME CONVENES SANTA CLARA COUNTY'S AFFORDABLE HOUSING MONTH ANNUALLY, A SERIES OF EVENTS HOSTED BY SV@HOME AND COMMUNITY PARTNERS EACH MAY. AS A RESULT OF SV@HOME'S BROAD OUTREACH, THESE EVENTS FOSTER NEW PARTNERSHIPS AND COLLABORATIVE EFFORTS AROUND AN ISSUE THAT AFFECTS EVERYONE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leslye Corsiglia Executive Director- - To Aug 21 | Officer | 36 | $142,026 |
Sonia Avitia Director Of Operations | 40 | $127,246 | |
Mathew Reed Policy Manager | 40 | $113,883 | |
David Meyer Director Of Strategic Initiatives | 40 | $113,250 | |
Regina Celestin Williams Executive Director - From Nov 21 | Officer | 40 | $31,923 |
Kevin Zwick Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $386,148 |
| Fundraising events | $259,000 |
| Related organizations | $0 |
| Government grants | $238,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $651,139 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,534,487 |
| Total Program Service Revenue | $0 |
| Investment income | $3,847 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $900 |
| Net Income from Fundraising Events | -$12,103 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,591,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,922 |
| 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. | $178,736 |
| Compensation of current officers, directors, key employees. | $35,747 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $777,382 |
| Pension plan accruals and contributions | $12,552 |
| Other employee benefits | $68,587 |
| Payroll taxes | $77,846 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $79,817 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $91,536 |
| Advertising and promotion | $66,162 |
| Office expenses | $12,706 |
| Information technology | $20,314 |
| Royalties | $0 |
| Occupancy | $38,563 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,214 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,536 |
| Insurance | $9,106 |
| All other expenses | $0 |
| Total functional expenses | $1,483,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400,637 |
| Savings and temporary cash investments | $1,579,794 |
| Pledges and grants receivable | $383,272 |
| Accounts receivable, net | $0 |
| 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 | $6,571 |
| Net Land, buildings, and equipment | $7,367 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,377,641 |
| Accounts payable and accrued expenses | $87,196 |
| Grants payable | $0 |
| Deferred revenue | $7,500 |
| 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 | $94,696 |
| Net assets without donor restrictions | $869,818 |
| Net assets with donor restrictions | $1,413,127 |
| 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 | $2,377,641 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Sv Home has recieved totaling $531,429.
| Awarding Organization | Amount |
|---|---|
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Housing and Transportation | $312,060 |
Sunlight Giving Palo Alto, CA PURPOSE: GENERAL SUPPORT, $40,000 PER YEAR FOR TWO YEARS | $40,000 |
Sunlight Giving Palo Alto, CA PURPOSE: GENERAL SUPPORT, $40,000 PER YEAR FOR TWO YEARS | $40,000 |
Sobrato Family Foundation Mountain View, CA PURPOSE: CAPACITY BUILDING SUPPORT TO STRENGTHEN GRASSROOTS HOUSING MOVEMENT IN SANTA CLARA COUNTY | $30,000 |
Kaiser Foundation Hospitals Oakland, CA PURPOSE: Keeping Vulnerable Santa Clara County Community Me | $25,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sv Home San Jose, CA | $2,377,641 | $1,591,277 |
California Housing Consortium Agoura Hills, CA | $874,245 | $1,003,858 |
More Housing Now Portland, OR | $58,786 | $112,500 |
Nevada Housing Coalition Carson City, NV | $234,383 | $341,605 |
Vets Advocacy Inc Los Angeles, CA | $142,335 | $254,500 |
Coalition For Housing Accessibility Needs Choices & Equality Inc Santa Barbara, CA | $178,845 | $0 |
Coastal Housing Coalition Santa Barbara, CA | $92,285 | $0 |
Terner Housing Innovation Labs Inc Piedmont, CA | $396,954 | $425,000 |
Research Ranch Foundation Tucson, AZ | $101,207 | $12,508 |