Sv Home Action Fund
- Assets
- $428.1k
- Revenue
- $400.4k
- Investments
- $0.0
- Employees
- 0
- Location
- San Jose, CA
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-3065072
Organization Overview
Sv Home Action Fund is located in San Jose, CA. The organization was established in 2019. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sv Home Action Fund is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Sv Home Action Fund generated $400.4k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $238.8k during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 3 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHED IN 2019, SV@HOME'S ACTION FUND (SVHAF) ADDRESSES THE HOUSING CRISIS THROUGH CIVIC ENGAGEMENT, LEGISLATIVE ADVOCACY, AND SUPPORT OR OPPOSITION OF BALLOT MEASURES THAT IMPACT AFFORDABLE HOUSING AND HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CIVIC ENGAGEMENT - IN PARTNERSHIP WITH OTHER ORGANIZATIONS, THE SV@HOME ACTION FUND (ACTION FUND) CONDUCTED PUBLIC EDUCATION, ORGANIZING, AND ADVOCACY THROUGHOUT SANTA CLARA COUNTY REGARDING THE HISTORY OF EXCLUSIONARY HOUSING POLICIES AND PRACTICES AND STEPS THAT COULD BE TAKEN AT THE STATE AND LOCAL LEVEL TO PROVIDE REDRESS WHILE EXPANDING HOUSING OPPORTUNITIES IN MORE COMMUNITIES THROUGHOUT THE REGION. SAN JOSE BECAME THE FOCUS OF THESE EFFORTS. WE ALSO ADVOCATED DIRECTLY FOR POLICY CHANGES IN SAN JOSE AND OTHER CITIES. THE ACTION FUND ALSO PROVIDED INFORMATION ABOUT HOUSING POLICY-MAKING, COALITION-BUILDING, AND CAMPAIGNING TO CURRENT AND POTENTIAL FUTURE CIVIC LEADERS.LEGISLATIVE ADVOCACY - SINCE ITS INCEPTION, SV@HOME HAS CHAMPIONED STATE LEGISLATION THAT SEEKS TO IMPROVE AND EXPAND THE AVAILABILITY OF AFFORDABLE HOUSING AND RELATED NEEDS. SV@HOME'S LEGISLATIVE ADVOCACY AGENDA RANGES FROM PARTICIPATING IN LOBBYING DAYS OF ACTION WITH PARTNERS, CONVENING ROUNDTABLE DISCUSSIONS WITH LOCAL AND STATE ELECTED AND CIVIC LEADERS AS WELL AS ENGAGING IN REGIONAL PRO-HOUSING COALITIONS.PRE-ELECTION YEAR PREPARATION - THE ACTION FUND PREPARED FOR THE 2022 ELECTION YEAR BY RESEARCHING POTENTIAL BALLOT MEASURES AND CANDIDATES. THIS COMPRISED LESS THAN 10% OF ACTION FUND STAFF TIME AND EXPENDITURES IN 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candice Gonzalez Chair | OfficerTrustee | 0.25 | $0 |
Ron Gonzales Treasurer/secretary | OfficerTrustee | 0.25 | $0 |
Leslye Corsiglia Executive Director - To Aug 2021 | Officer | 4 | $0 |
Regina Celestin Williams Executive Director - Fr. Nov 2021 | Officer | 1 | $0 |
Jennifer Loving Director | Trustee | 0.25 | $0 |
Papia Gambalin Director - To July 2021 | Trustee | 0.25 | $0 |
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 | $400,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,000 |
| Total Program Service Revenue | $0 |
| Investment income | $447 |
| 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 | $400,447 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,411 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $9,600 |
| Fees for services: Legal | $6,488 |
| Fees for services: Accounting | $7,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $164,000 |
| Advertising and promotion | $520 |
| Office expenses | $371 |
| Information technology | $1,441 |
| Royalties | $0 |
| Occupancy | $1,302 |
| Travel | $0 |
| 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 | $1,930 |
| All other expenses | $0 |
| Total functional expenses | $238,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,081 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,000 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $428,081 |
| Accounts payable and accrued expenses | $26,272 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,272 |
| Net assets without donor restrictions | $401,809 |
| 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 | $428,081 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sv Home Action Fund has recieved totaling $307,500.
| Awarding Organization | Amount |
|---|---|
Chan Zuckerberg Initiative Advocacy Palo Alto, CA PURPOSE: GENERAL OPERATING SUPPORT | $300,000 |
California Apt Association Sacramento, CA PURPOSE: TO ADDRESS THE HOUSING CRISIS THOUGH CIVIC ENGAGEMENT, LEGISLATIVE ADVOCACY, AND SUPPORT OR OPPOSITION OF BALLOT MEASURES THAT IMPACT AFFORDABLE HOUSING AND HOMELESSNESS | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eviction Defense Collaborative Inc San Francisco, CA | $4,442,827 | $9,517,293 |
California Yimby Sacramento, CA | $3,332,341 | $900,288 |
Coalition For Adequate School Housing Sacramento, CA | $2,734,906 | $3,444,663 |
Causa Justa Just Cause Oakland, CA | $4,981,855 | $3,483,728 |
Southern Nevada Homebuilders Assn Inc Las Vegas, NV | $2,383,055 | $1,869,224 |
Interfaith Housing Assistance Corp Lemon Grove, CA | $1,637,628 | $1,229,150 |
Techequity Collaborative Martinez, CA | $382,326 | $1,001,805 |
San Francisco Housing Action Coalition San Francisco, CA | $126,939 | $814,905 |
Csa San Diego County El Cajon, CA | $304,145 | $784,364 |
Abundant Housing La Education Fund Los Angeles, CA | $119,524 | $536,727 |
Apartment Association California Southern Cities Inc Long Beach, CA | $775,919 | $465,560 |
Border Kindness El Centro, CA | $365,611 | $473,511 |