Northbay Family Homes
- Assets
- $0.0
- Revenue
- $475.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Novato, CA
- Founding
- 12/1979
- Data as of
- 12/2020
- EIN
- 94-2520541
Organization Overview
Northbay Family Homes is located in Novato, CA. The organization was established in 1979. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2020, Northbay Family Homes employed 2 individuals. Northbay Family Homes 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 12/2020, Northbay Family Homes generated $475.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $601.1k during the year ending 12/2020. While expenses have increased by 8.9% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HOME OWNERSHIP OPPORTUNITIES TO LOW-MODERATE INCOME FAMILIES AND INDIVIDUALS WITH INNOVATIVE FINANCING UTILIZING COMMUNITY ASSISTED SHARED APPRECIATION (CASA) LOAN PROGRAMS AND EMPLOYERS EMPOWERING HOMEOWNERSHIP (EEH) PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOME OWNERSHIP OPPORTUNITIES TO LOW-MODERATE INCOME FAMILIES AND INDIVIDUALS WITH INNOVATIVE FINANCING UTILIZING COMMUNITY ASSISTED SHARED APPRECIATION (CASA) AND EMPLOYER EMPOWERED HOME OWNERSHIP LOAN PROGRAMS. TO ASSIST INDIVIDUALS AND FAMILIES WITH HOME MORTGAGE MODIFICATIONS SERVICES TO ENABLE THEM TO KEEP THEIR HOMES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clark Blasdell Pres & CEO | Officer | 40 | $396,000 |
Charles Carson Secretary | OfficerTrustee | 1 | $0 |
Paul Simmons Treasurer | OfficerTrustee | 1 | $0 |
Kristie Wheeler Chairperson | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $475,032 |
| Total Program Service Revenue | $0 |
| 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 | $475,032 |
| 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. | $396,000 |
| Compensation of current officers, directors, key employees. | $369,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $40,639 |
| Payroll taxes | $14,880 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,890 |
| Fees for services: Accounting | $33,282 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,615 |
| Advertising and promotion | $0 |
| Office expenses | $10,723 |
| Information technology | $4,226 |
| Royalties | $0 |
| Occupancy | $33,955 |
| 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 | $7,478 |
| Insurance | $23,045 |
| All other expenses | $0 |
| Total functional expenses | $601,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $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 | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northbay Family Homes has recieved totaling $518,429.
| Awarding Organization | Amount |
|---|---|
Suburban Alternatives Land Trust Novato, CA PURPOSE: REO & HOMES FOR LOW | $518,429 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |