East Bay Innovations Inc
- Assets
- $7.8m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 293
- Location
- San Leandro, CA
- Founding
- 12/1994
- Data as of
- 06/2022
- EIN
- 94-3210351
Organization Overview
East Bay Innovations Inc is located in San Leandro, CA. The organization was established in 1994. 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 06/2022, East Bay Innovations Inc employed 293 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Bay Innovations Inc 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, East Bay Innovations Inc generated $11.4m 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 $10.9m during the year ending 06/2022. While expenses have increased by 8.1% 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
IN ORDER TO FURTHER THE EMPOWERMENT OF INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES, THE MISSION OF EAST BAY INNOVATIONS IS TO PROVIDE PERSONALIZED SUPPORT TO ENABLE INDIVIDUALS WITH DISABILITIES TO LIVE IN THEIR HOMES, TO WORK JOBS OF THEIR CHOOSING AND TO PARTICIPATE IN ALL ASPECTS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EAST BAY INNOVATIONS, INC. (EBI) PROVIDES PLANNING AND SUPPORT TO ADULT PERSONS WITH DEVELOPMENTAL DISABILITIES SO THAT THEY CAN LIVE IN THEIR OWN HOME AND ACQUIRE INDEPENDENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Heinz Executive Direc | OfficerTrustee | 45 | $170,989 |
Karalene Rasmussen Employee | 40 | $127,761 | |
Tamy Ratto Director | 40 | $118,238 | |
Mary Lou Breslin Vice President | OfficerTrustee | 2 | $0 |
Jennifer Steneberg President | OfficerTrustee | 2 | $0 |
Joe Gourley Treasurer | OfficerTrustee | 2 | $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 | $295,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,035 |
| Total Program Service Revenue | $11,087,230 |
| 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 | $11,382,265 |
| 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. | $170,989 |
| Compensation of current officers, directors, key employees. | $10,635 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,682,143 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $659,324 |
| Payroll taxes | $559,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $27,763 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,276 |
| Office expenses | $47,171 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $157,729 |
| Travel | $152,429 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $48 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,626 |
| Insurance | $335,916 |
| All other expenses | $469,125 |
| Total functional expenses | $10,908,359 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,923,759 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,907,655 |
| 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 | $89,906 |
| Net Land, buildings, and equipment | $13,526 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $864,160 |
| Total assets | $7,799,006 |
| 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 | $2,129,523 |
| Total liabilities | $2,129,523 |
| Net assets without donor restrictions | $5,669,483 |
| 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 | $7,799,006 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that East Bay Innovations Inc has recieved totaling $116,985.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $42,071 |
The Fremont Bank Foundation Fremont, CA PURPOSE: ASSISTIVE TECHNOLOGY | $21,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $20,200 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: PEOPLE WITH DISABILITIES | $20,000 |
San Jose Mercury News Wish Book Fund Inc San Jose, CA PURPOSE: SPECIFIC PROGRAM OR PROJECT SUPPORT | $11,500 |
Oshay Family Foundation San Leandro, CA PURPOSE: GENERAL FUND | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Jamboree Housing Corporation Irvine, CA | $221,855,825 | $24,784,050 |
Single Room Occupancy Housing Corp Los Angeles, CA | $62,333,693 | $24,140,740 |