Skip to main content

Nonprofit · EIN 01-0716217

THE SAN FRANCISCO HOUSING ACCELERATOR FUND

Tax-exempt (reinstated) · SAN FRANCISCO, CA 94104

Financials

$16.3M$4.9M2022$29M$5.7M2023$42.5M$6.4M2024
Revenue Expenses · by fiscal year end
Financials of THE SAN FRANCISCO HOUSING ACCELERATOR FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$42,480,496$6,402,833$36,077,663$274,664,274$117,817,694$156,846,580
June 30, 2024990$28,987,000$5,686,918$23,300,082$231,044,783$109,384,024$121,660,759
June 30, 2023990$16,346,125$4,863,365$11,482,760$244,673,101$145,229,893$99,443,208
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$30,819,622
of which government grants
$7,490,112
Program service revenue
$5,205,668
Investment income
$6,455,206
Net gain from sales of assets
$34,629
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,313,871
Other salaries and wages
$1,026,683
Salaries, compensation and benefits (total)
$2,597,256
Professional fundraising fees
$0
Accounting fees
$420,468
Depreciation
$34,217
Program services (functional)
$5,105,866
Management and general (functional)
$979,561
Fundraising (functional)
$317,406

Balance sheet and other

Total assets, start of year
$231,044,783
Total assets, end of year
$274,664,274
Total liabilities, end of year
$117,817,694
Net assets, end of year
$156,846,580
Land, buildings and equipment
$8,273,523
Net assets without donor restrictions
$121,106,966
Net assets with donor restrictions
$35,739,614
Gross receipts
$58,161,822
Employees
12
Volunteers
0
Year formed
2002
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
REBECCA FOSTERCEO
Officer
40$362,585$48,037
JAN LINDENTHAL-COXCHIEF INVESTMENT OFFICER
Officer
40$281,105$54,641
TAMAR DORFMANCFO
Officer
40$275,460$13,247
CAROLINE MCCORMACKVICE PRESIDENT, LENDING
Highest-paid employee
40$130,901$5,984
RIGO MENDOZAFINANCE MANAGER
Highest-paid employee
40$110,960$24,147
DEVON NEARYVICE PRESIDENT, LENDING
Highest-paid employee
40$115,101$12,085
KATHRYNE FISHERSVP LENDING AND CAPITAL
Highest-paid employee
40$111,292$6,241
ANAGHA DANDEKAR CLIFFORDDIRECTOR
Trustee or director
1.25$0$0
BRIGITT JANDREAUDIRECTOR
Trustee or director
1.25$0$0
ERNEST BROWNDIRECTOR
Trustee or director
1.25$0$0
LYDIA TANBOARD SECRETARY
Trustee or director
1.5$0$0
MEG SPRIGGSBOARD PRESIDENT
Trustee or director
1.5$0$0
NINA HATVANYDIRECTOR
Trustee or director
1.25$0$0
PABLO BRAVODIRECTOR
Trustee or director
1.25$0$0
TYLER VAN GUNDYDIRECTOR
Trustee or director
1.25$0$0
7 more people on this return
NameTitleHours / weekCompensation
TANGERINE BRIGHAMDIRECTOR
Trustee or director
1.25$0
KATHERINE AUGUST DEWILDEDIRECTOR
Trustee or director
1.25$0
TED HOLMANDIRECTOR
Trustee or director
1.25$0
JUDITH BELLDIRECTOR
Trustee or director
1.25$0
PAUL CARNEYBOARD TREASURER
Trustee or director
1.5$0
JEREMY LIEWDIRECTOR
Trustee or director
1.25$0
KATE HARTLEYCHIEF LENDING OFFICER
Officer
40$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
JAN LINDENTHAL-COXCHIEF INVESTMENT OFFICER
Officer
40$265,878$40,704
REBECCA FOSTERCEO
Officer
40$274,219$29,022
TAMAR DORFMANCFO
Officer
40$257,266$4,476
DEVON NEARYVICE PRESIDENT, LENDING
Highest-paid employee
40$144,285$11,097
JUSTIN CHENSENIOR VICE PRESIDENT, LENDING
Highest-paid employee
40$148,252$2,917
ADHI NAGRAJDIRECTOR
Trustee or director
1.25$0$0
ANAGHA DANDEKAR CLIFFORDDIRECTOR
Trustee or director
1.25$0$0
BRIGITT JANDREAUDIRECTOR
Trustee or director
1.25$0$0
ERNEST BROWNDIRECTOR
Trustee or director
1.25$0$0
LYDIA TANBOARD SECRETARY
Trustee or director
1.5$0$0
MEG SPRIGGSBOARD PRESIDENT
Trustee or director
1.5$0$0
NINA HATVANYDIRECTOR
Trustee or director
1.25$0$0
PABLO BRAVODIRECTOR
Trustee or director
1.25$0$0
RICH GROSSDIRECTOR
Trustee or director
1.25$0$0
TYLER VAN GUNDYBOARD TREASURER
Trustee or director
1.5$0$0
TANGERINE BRIGHAMDIRECTOR
Trustee or director
1.25$0$0
KATHERINE AUGUST DEWILDEDIRECTOR
Trustee or director
1.25$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
REBECCA FOSTERCEO
Officer
40$280,137$2,624
TAMAR DORFMANCFO
Officer
40$237,141$2,624
JAN LINDENTHAL-COXCHIEF INVESTMENT OFFICER
Officer
40$75,583$113
KATE HARTLEYCHIEF LENDING & INVESTMENT
Officer
40$60,799$2,503
ADHI NAGRAJDIRECTOR
Trustee or director
1.25$0$0
ANAGHA DANDEKAR CLIFFORDDIRECTOR
Trustee or director
1.25$0$0
BRIGITT JANDREAUDIRECTOR
Trustee or director
1.25$0$0
ERNEST BROWNDIRECTOR
Trustee or director
1.25$0$0
LYDIA TANBOARD SECRETARY
Trustee or director
1.5$0$0
MEG SPRIGGSBOARD PRESIDENT
Trustee or director
1.5$0$0
NINA HATVANYDIRECTOR
Trustee or director
1.25$0$0
PABLO BRAVODIRECTOR
Trustee or director
1.25$0$0
RICH GROSSDIRECTOR
Trustee or director
1.25$0$0
TYLER VAN GUNDYBOARD TREASURER
Trustee or director
1.5$0$0
TANGERINE BRIGHAMDIRECTOR
Trustee or director
1.25$0$0
KATHERINE AUGUST DEWILDEDIRECTOR
Trustee or director
1.25$0$0

Address and contacts

Address (IRS master file)
564 MARKET ST STE 225, SAN FRANCISCO, CA 94104-5433
In care of
% KEVIN KITCHINGHAM
Mailing address (990-N for 2015)
1885 Mission Street, San Francisco CA 94103
Principal officer (990 for 2024)
TAMAR DORFMAN, 564 MARKET ST SUITE 225, SAN FRANCISCO, CA 94104
Principal officer (990-N for 2015)
Rebecca Foster, 1885 Mission Street, San Francisco CA 94103
Signed the 990
TAMAR DORFMAN, CFO
Phone
(415) 663-6938
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 01-0716217 or by the name THE SAN FRANCISCO HOUSING ACCELERATOR FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE CORPORATION'S SPECIFIC PURPOSE IS TO SUPPORT AFFORDABLE HOUSING, COMMUNITY DEVELOPMENT AND ECONOMIC DEVELOPMENT FOR CALIFORNIA'S ECONOMICALLY DISADVANTAGED INDIVIDUALS AND COMMUNITIES, BY LENDING TO, INVESTING IN, AND DIRECTLY ACQUIRING SUCH AFFORDABLE HOUSING AND RELATED COMMUNITY DEVELOPMENT REAL ESTATE ASSETS.

990 for the year ended June 30, 2025

Program accomplishments

  • DURING FY2025, THE FUND EXPANDED PRESERVATION LENDING BY CLOSING SIX PRESERVATION LOANS THAT PRESERVED 362 AFFORDABLE HOUSING UNITS, INCLUDING SUPPORTIVE AND INTERIM HOUSING FOR VULNERABLE POPULATIONS. MAJOR TRANSACTIONS INCLUDED FINANCING FOR 2059 MISSION, THE NORMANDY APARTMENTS, HOUSING FOR JUSTICE-INVOLVED TRANSITION-AGED YOUTH, AND FUTURE HOUSING FOR FORMERLY HOMELESS VETERANS.DURING FY2025, THE FUND ADVANCED NEW AFFORDABLE HOUSING PRODUCTION BY SUPPORTING FOUR NEW AFFORDABLE HOUSING DEVELOPMENTS TOTALING MORE THAN 450 UNITS ACROSS THE BAY AREA. THESE PROJECTS INCLUDED PERMANENT SUPPORTIVE HOUSING IN SANTA CRUZ COUNTY, AFFORDABLE FAMILY HOUSING IN SAN JOSE, AND AFFORDABLE SENIOR HOUSING IN SAN FRANCISCO.DURING FY2025, THE FUND LAUNCHED AND SCALED INNOVATIVE FINANCING TOOLS TO ACCELERATE AFFORDABLE HOUSING DELIVERY AND PRESERVATION. THESE INCLUDED CONTINUED ACTIVITY OF THE BAY AREA HOUSING INNOVATION FUND AND THE INDUSTRIALIZED CONSTRUCTION CATALYST FUND.
    Expenses $5,105,866 · revenue $11,626,245

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
01-0716217
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$274,664,274
Income (IRS master file)
$58,161,822

Revocation and reinstatement

Exemption revoked
November 15, 2014
Posted by the IRS
March 9, 2015
Reinstated
Effective November 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$42,480,496$6,402,833$274,664,274IRS
990June 2024$28,987,000$5,686,918$231,044,783IRS
990June 2023$16,346,125$4,863,365$244,673,101XML
990June 2022$23,702,565$3,864,530$204,353,715IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2015
Officer: Rebecca Foster
June 30, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0716217).

Questions about THE SAN FRANCISCO HOUSING ACCELERATOR FUND

What is the EIN of THE SAN FRANCISCO HOUSING ACCELERATOR FUND?
The employer identification number (EIN) of THE SAN FRANCISCO HOUSING ACCELERATOR FUND is 01-0716217.
Is THE SAN FRANCISCO HOUSING ACCELERATOR FUND tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2014 and reinstated it effective November 15, 2014.
Are donations to THE SAN FRANCISCO HOUSING ACCELERATOR FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE SAN FRANCISCO HOUSING ACCELERATOR FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE SAN FRANCISCO HOUSING ACCELERATOR FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE SAN FRANCISCO HOUSING ACCELERATOR FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE SAN FRANCISCO HOUSING ACCELERATOR FUND?
The 990 for the year ended June 30, 2025 names TAMAR DORFMAN.
Who are the officers and directors of THE SAN FRANCISCO HOUSING ACCELERATOR FUND?
The 990 for the year ended June 30, 2025 lists 22 people; 7 received compensation from the organization, the highest $362,585 (REBECCA FOSTER, CEO).
How much revenue does THE SAN FRANCISCO HOUSING ACCELERATOR FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $42,480,496, expenses of $6,402,833 and total assets of $274,664,274 at year end.

Other nonprofits in SAN FRANCISCO

All nonprofits in SAN FRANCISCO · California · Housing and shelter