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Nonprofit · EIN 20-5513684

GROUNDED SOLUTIONS NETWORK

Tax-exempt · WASHINGTON, DC 20006

Financials

$15.9M$6.3M2023$9.4M$6.5M2024$4.3M$7.4M2025
Revenue Expenses · by fiscal year end
Financials of GROUNDED SOLUTIONS NETWORK by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$4,306,456$7,422,525-$3,116,069$18,741,123$1,401,228$17,339,895
December 31, 2024990$9,357,322$6,532,211$2,825,111$21,221,462$1,228,235$19,993,227
December 31, 2023990 (amended)$15,949,062$6,287,355$9,661,707$18,278,968$997,851$17,281,117
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,815,664
Program service revenue
$1,965,863
Investment income
$440,828
Net gain from sales of assets
-$39,233
Other revenue
$84,101

Expenses

Grants and similar amounts paid
$102,998
Compensation of officers, directors and key employees
$809,232
Other salaries and wages
$3,486,774
Salaries, compensation and benefits (total)
$5,295,464
Professional fundraising fees
$20,000
Accounting fees
$125,928
Occupancy
$112,179
Travel
$282,826
Program services (functional)
$5,975,815
Management and general (functional)
$973,842
Fundraising (functional)
$472,868

Balance sheet and other

Total assets, start of year
$21,221,462
Total assets, end of year
$18,741,123
Total liabilities, end of year
$1,401,228
Net assets, end of year
$17,339,895
Publicly traded securities
$11,950,640
Net assets without donor restrictions
$13,851,068
Net assets with donor restrictions
$3,488,827
Gross receipts
$9,260,668
Employees
38
Volunteers
12
Year formed
2006
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
CEDERICK ANTHONY PICKETTCHIEF EXECUTIVE OFFICER
Officer
40$330,914
RACHEL SILVERCHIEF OPERATING OFFICER
Officer
40$246,877
DAVID SMITHCHIEF PROGRAM OFFICER
Officer
40$231,440
DOUGLAS RYANVICE PRESIDENT OF HOUSING POLICY
Highest-paid employee
40$193,966
DEVIN E CULBERTSONVICE PRESIDENT OF INNOVATIVE FINANCE
Highest-paid employee
40$192,305
CIELO CONTRERASFORMER VICE PRESIDENT OF DEVELOPMENT
Former
40$159,584
CARA NICOLE PURCELLDIRECTOR OF INNOVATIVE FINANCE
Highest-paid employee
40$153,342
ALEXANDRIA LAURA CABRALSENIOR PRINCIPAL OF INNOVATIVE FINANCE
Highest-paid employee
40$143,168
BRIAN ROBERT STROMBERGNATIONAL POLICY DIRECTOR
Highest-paid employee
40$136,500
BEN BYNUMBOARD MEMBER
Trustee or director
1$0
PETER DEANTREASURER
Trustee or director, Officer
1$0
HALA FARIDPRESIDENT
Trustee or director, Officer
1$0
JONATHAN FREDERICKBOARD MEMBER
Trustee or director
1$0
FATHIA MACAULEYBOARD MEMBER
Trustee or director
1$0
JERRY MALDONADOBOARD MEMBER
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
MICHAEL MONTEBOARD MEMBER
Trustee or director
1$0
ANDREANECIA MORRISBOARD MEMBER
Trustee or director
1$0
JACOB NOONANBOARD MEMBER
Trustee or director
1$0
GERMAINE SMITH-BAUGHBOARD MEMBER
Trustee or director
1$0
LOU TISLERBOARD MEMBER
Trustee or director
1$0
LISA VARONBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
CEDERICK ANTHONY PICKETTCHIEF EXECUTIVE OFFICER
Officer
40$336,250$0
RACHEL SILVERCHIEF OPERATING OFFICER
Officer
40$250,000$1,200
DEVIN E CULBERTSONVICE PRESIDENT OF INNOVATIVE FINANCE
Highest-paid employee
40$177,633$1,200
DAVID SMITHCHIEF PROGRAM OFFICER
Officer
40$174,290$0
DOUGLAS RYANVICE PRESIDENT OF HOUSING POLICY
Highest-paid employee
40$170,313$0
CARA NICOLE PURCELLDIRECTOR OF INNOVATIVE FINANCE
Highest-paid employee
40$138,908$1,200
CIELO CONTRERASVICE PRESIDENT OF DEVELOPMENT
Highest-paid employee
40$138,902$0
PAHNITI TOSUKSRIDIRECTOR OF PRODUCT, HOMEKEEPER
Highest-paid employee
40$137,550$1,200
TIFFANY TROY PANGANIBANFORMER DIRECTOR OF OPERATIONS
Former
40$137,280$1,200
MICHAEL MONTEBOARD MEMBER
Trustee or director
1$0$0
JACOB NOONANBOARD MEMBER
Trustee or director
1$0$0
HALA FARIDVICE-PRESIDENT
Trustee or director, Officer
1$0$0
GARRICK GOODSECRETARY
Trustee or director, Officer
1$0$0
LISA VARONBOARD MEMBER
Trustee or director
1$0$0
GERMAINE SMITH-BAUGHPRESIDENT
Trustee or director, Officer
1$0$0
FATHIA MACAULEYBOARD MEMBER
Trustee or director
1$0$0
ROBERT HAMMONDBOARD MEMBER
Trustee or director
1$0$0
MIGUEL GAVALDONBOARD MEMBER
Trustee or director
1$0$0
LOU TISLERBOARD MEMBER
Trustee or director
1$0$0
BEN BYNUMBOARD MEMBER
Trustee or director
1$0$0
JONATHAN FREDERICKBOARD MEMBER
Trustee or director
1$0$0
ANDREANECIA MORRISBOARD MEMBER
Trustee or director
1$0$0
JERRY MALDONALDOBOARD MEMBER
Trustee or director
1$0$0
PETER DEANTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
TONY PICKETTCHIEF EXECUTIVE OFFICER
Officer
40$355,000$0
RACHEL SILVERCHIEF OPERATING OFFICER
Officer
40$261,556$1,200
DEVIN CULBERTSONVP OF INNOVATIVE FINANCE
Highest-paid employee
40$183,598$1,200
EMILY THADENFORMER VP OF NATIONAL STRATEGY
Former
40$150,696$1,200
ELIZABETH SORCEFORMER VP OF SECTOR GROWTH
Former
40$150,696$1,200
PAHNITI TOSUKSRIDIRECTOR OF HOMEKEEPER
Highest-paid employee
40$139,000$1,200
TIFFANY PANGANIBANDIRECTOR OF OPERATIONS
Highest-paid employee
40$131,600$1,200
BRIAN STROMBERGDIRECTOR OF NATIONAL POLICY
Highest-paid employee
40$128,000$0
TONY HERNANDEZFORMER DIRECTOR OF TECHNICAL ASSISTANCE
Former
40$114,130$1,200
BEN BYNUMBOARD MEMBER
Trustee or director
1$0$0
LISA VARONBOARD MEMBER
Trustee or director
1$0$0
JACOB NOONANBOARD MEMBER
Trustee or director
1$0$0
ANDREANECIA MORRISBOARD MEMBER
Trustee or director
1$0$0
MICHAEL MONTEBOARD MEMBER
Trustee or director
1$0$0
FATHIA MACAULEYBOARD MEMBER
Trustee or director
1$0$0
LOU TISLERBOARD MEMBER
Trustee or director
1$0$0
MIGUEL GAVALDONBOARD MEMBER
Trustee or director
1$0$0
PETER DEANBOARD MEMBER
Trustee or director
1$0$0
ROBERT HAMMONDBOARD MEMBER
Trustee or director
1$0$0
GERMAINE SMITH-BAUGHPRESIDENT
Trustee or director, Officer
1$0$0
PETER ELKOWITZTREASURER
Trustee or director, Officer
1$0$0
HALA FARIDVICE-PRESIDENT
Trustee or director, Officer
1$0$0
GARRICK GOODSECRETARY
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
825 21ST ST NW, WASHINGTON, DC 20006-3201
In care of
% JESSICA GRANT
Principal officer (990 for 2025)
TONY PICKETT, PO BOX 70724, OAKLAND, CA 94612
Signed the 990
TONY PICKETT, CHIEF EXECUTIVE OFFICER
Phone
(503) 493-1000
Return prepared by
BRYMAR CPA LLP

Mission

THE ORGANIZATION'S MISSION IS TO CULTIVATE COMMUNITIES - EQUITABLE, INCLUSIVE, AND RICH IN OPPORTUNITY - BY ADVANCING AFFORDABLE HOUSING SOLUTIONS THAT LAST FOR GENERATIONS.

990 for the year ended December 31, 2025

Program accomplishments

  • THE INNOVATIVE FINANCE PROGRAM DEVELOPS CAPITAL SOLUTIONS AND REAL ESTATE STRATEGIES TO HELP THE FIELD OF SHARED EQUITY HOUSING PROGRAMS SCALE THEIR PORTFOLIOS.
    Expenses $1,174,624 · revenue $154,212
  • THE HOUSING POLICY & RESEARCH PROGRAM WORKS AT THE NATIONAL, STATE, AND LOCAL LEVELS TO ADVOCATE FOR HOUSING AFFORDABILITY, DEVELOP COALITIONS, AND EDUCATE POLICYMAKERS.
    Expenses $1,160,644 · grants $1,000 · revenue $118,500
  • THE HOMEKEEPER PROGRAM PROVIDES AN INNOVATIVE TECHNOLOGY SOLUTION TO HELP HOUSING PROFESSIONALS STREAMLINE THE WAY THEY MANAGE AND REPORT ON THEIR HOMEOWNERSHIP AND HOUSING COUNSELING PROGRAM DATA, SO THEY CAN MORE EFFICIENTLY RUN THEIR PROGRAMS AND MEASURE THEIR IMPACT.
    Expenses $938,254 · revenue $822,126
  • OTHER PROGRAM SERVICES INCLUDE TECHNICAL ASSISTANCE, TRAINING AND MEMBER SERVICES, AND THE NATIONAL CONFERENCE.
    Expenses $2,702,293 · grants $101,998 · revenue $871,025

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5513684
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$18,741,123
Income (IRS master file)
$9,260,668

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$4,306,456$7,422,525$18,741,123XML
990December 2024$9,357,322$6,532,211$21,221,462XML
990December 2023$15,949,062$6,287,355$18,278,968XML
990December 2022$4,060,693$4,876,270$8,282,848IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

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 20-5513684).

Questions about GROUNDED SOLUTIONS NETWORK

What is the EIN of GROUNDED SOLUTIONS NETWORK?
The employer identification number (EIN) of GROUNDED SOLUTIONS NETWORK is 20-5513684.
Is GROUNDED SOLUTIONS NETWORK tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to GROUNDED SOLUTIONS NETWORK tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GROUNDED SOLUTIONS NETWORK 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 GROUNDED SOLUTIONS NETWORK due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GROUNDED SOLUTIONS NETWORK last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GROUNDED SOLUTIONS NETWORK?
The 990 for the year ended December 31, 2025 names TONY PICKETT.
Who are the officers and directors of GROUNDED SOLUTIONS NETWORK?
The 990 for the year ended December 31, 2025 lists 21 people; 9 received compensation from the organization, the highest $330,914 (CEDERICK ANTHONY PICKETT, CHIEF EXECUTIVE OFFICER).
How much revenue does GROUNDED SOLUTIONS NETWORK have?
On its 990 for the year ended December 31, 2025 it reported revenue of $4,306,456, expenses of $7,422,525 and total assets of $18,741,123 at year end.

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