Nonprofit · EIN 94-3090854
SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION
Tax-exempt · SAN FRANCISCO, CA 94124
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,160,810 | $8,905,371 | $255,439 | $49,824,410 | $38,082,925 | $11,741,485 |
| June 30, 2024 | 990 | $8,226,234 | $11,100,141 | -$2,873,907 | $46,612,669 | $35,469,719 | $11,142,950 |
| June 30, 2023 | 990 | $8,797,761 | $9,445,626 | -$647,865 | $43,550,099 | $30,112,063 | $13,438,036 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,612,853
- of which government grants
- $2,817,431
- Program service revenue
- $5,480,467
- Investment income
- $15,801
- Net income from fundraising events
- $51,689
- Other revenue
- $51,689
Expenses
- Grants and similar amounts paid
- $3,600
- Compensation of officers, directors and key employees
- $292,739
- Other salaries and wages
- $2,567,075
- Salaries, compensation and benefits (total)
- $3,358,253
- Professional fundraising fees
- $0
- Legal fees
- $80,444
- Accounting fees
- $106,448
- Occupancy
- $473,426
- Travel
- $12,270
- Depreciation
- $622,920
- Program services (functional)
- $6,936,829
- Management and general (functional)
- $1,703,152
- Fundraising (functional)
- $265,390
Balance sheet and other
- Total assets, start of year
- $46,612,669
- Total assets, end of year
- $49,824,410
- Total liabilities, end of year
- $38,082,925
- Net assets, end of year
- $11,741,485
- Land, buildings and equipment
- $30,190,076
- Net assets without donor restrictions
- $11,537,866
- Net assets with donor restrictions
- $203,619
- Gross receipts
- $9,250,739
- Employees
- 52
- Volunteers
- 12
- Year formed
- 1988
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID J SOBEL | CEO Officer | 40 | $197,284 | $24,181 |
| TOM KOSTOSKY | INTERIM DIR. OF REAL ESTATE Highest-paid employee | 35 | $135,783 | $19,800 |
| PIA HARRIS | DIR. OF ECONOMIC DEVELOPMENT Highest-paid employee | 35 | $135,893 | $10,455 |
| NIMISH MEHTA - THRU 102024 | CFO Officer | 40 | $141,407 | $2,409 |
| JESSICA MATAKA | INTERIM PROGRAM DIR. ECONOMIC DEVEL Highest-paid employee | 35 | $128,182 | $10,303 |
| MICHAEL S MANIGAULT | RED PROJECT MANAGER Highest-paid employee | 35 | $116,000 | $14,740 |
| LOLITA RAMOS | FINANCE & ADMIN Highest-paid employee | 35 | $114,392 | $3,151 |
| LENA ROBINSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL Y WONG | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BEN GOLVIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANTOINETTE MCGILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER ESKILDSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDDIE WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FANNY ZHA | DIRECTOR Trustee or director | 1 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA JENG | DIRECTOR Trustee or director | 1 | $0 |
| CECILIA MKONDIWA | DIRECTOR Trustee or director | 1 | $0 |
| JOSIE RAMIREZ | DIRECTOR Trustee or director | 1 | $0 |
| APRIL TALLEY-GAGE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID J SOBEL | CEO Officer | 40 | $197,965 | $16,832 |
| NIMISH MEHTA | CFO Officer | 40 | $165,756 | $2,244 |
| TOM KOSTOSKY | INTERIM DIR. OF REAL ESTATE DEVEL. Highest-paid employee | 35 | $145,000 | $4,350 |
| PIA HARRIS | DIR. OF ECONOMIC DEVELOPMENT Highest-paid employee | 35 | $140,654 | $0 |
| LOLITA RAMOS | FINANCE & ADMIN Highest-paid employee | 35 | $118,962 | $11,628 |
| JESSICA MATAKA | INTERIM PROGRAM DIR. ECONOMIC DEVEL. Highest-paid employee | 35 | $125,385 | $700 |
| MICHAEL S MANIGAULT | RED PROJECT MANAGER Highest-paid employee | 35 | $116,000 | $3,353 |
| LENA ROBINSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANIEL Y WONG | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BEN GOLVIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| ANTOINETTE MCGILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER ESKILDSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARLES TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DORRIS VINCENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDDIE WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSIE RAMIREZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CECELIA MKONDIWA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA JENG | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID J SOBEL | CEO Officer | 40 | $190,962 | $16,957 |
| TOM KOSTOSKY | INTERIM DIR. OF REAL ESTATE DEVELOPMENT Highest-paid employee | 35 | $145,269 | $4,358 |
| NIMISH MEHTA | CFO Officer | 40 | $148,615 | $0 |
| PIA HARRIS | DIR. OF ECONOMIC DEVELOPMENT Highest-paid employee | 35 | $102,531 | $40,500 |
| SARAH GRAHAM | RED PROJECT MANAGER Highest-paid employee | 35 | $114,692 | $11,389 |
| TAYLOR BOOKER | DIRECTOR OF RESIDENT SERVICES Highest-paid employee | 35 | $117,923 | $0 |
| REGINALD HARRISTON | RED PROJECT MANAGER Highest-paid employee | 35 | $110,000 | $0 |
| DANIEL Y WONG | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BEN GOLVIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| NOREEN BEIRO | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JENNIFER ESKILDSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LENA ROBINSON | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHARLES TURNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDDIE WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DORRIS VINCENT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTOINETTE MCGILL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 4439 3RD ST, SAN FRANCISCO, CA 94124-2103
- Principal officer (990 for 2024)
- DAVID J SOBEL, 4439 THIRD STREET, SAN FRANCISCO, CA 94124
- Signed the 990
- DAVID J SOBEL, CEO
- Phone
- (415) 822-1022
- Website
- WWW.SFHDC.ORG
- Return prepared by
- LINDQUIST VON HUSEN & JOYCE LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3090854 or by the name SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
WE FOSTER FINANCIAL STABILITY THROUGH THE DEVELOPMENT OF AFFORDABLE HOUSING, THE FACILITATION OF ASSET BUILDING, AND REVITALIZATION OF SAN FRANCISCO'S UNDERSERVED NEIGHBORHOODS.
Program accomplishments
- REAL ESTATE DEVELOPMENT:SFHDC'S REAL ESTATE DEVELOPMENT TEAM COMPLETED RENOVATIONS AND LEASE-UP OF 168 SICKLES AVE, A 12-UNIT PRESERVATION PROJECT; BEGAN RENOVATIONS ON 936 GEARY STREET, 375 14TH STREET, AND 528 NATOMA STREET, PRESERVING ANOTHER 51 AFFORDABLE UNITS; AND MADE PROGRESS ON PRE-DEVELOPMENT FOR THE SOON-TO-BE-CONSTRUCTED 160 FREELON STREET AND SHIPYARD BLOCK 56, TOTALING APPROXIMATELY 145 NEW UNITS.Expenses $3,012,229 · revenue $1,078,068
- FINANCIAL EMPOWERMENT & HOUSING COUNSELING:SFHDC'S FINANCIAL EMPOWERMENT PROGRAM EDUCATED 1,465 LOW- AND MODERATE-INCOME INDIVIDUALS THROUGH FIRST-TIME HOMEBUYER WORKSHOPS; PROVIDED RENTAL COUNSELING TO OVER 200 CLIENTS; IMPROVED THE FINANCIAL LITERACY OF HUNDREDS OF ADDITIONAL CLIENTS; AND SUPPORTED 35 HOUSEHOLDS IN BUYING THEIR FIRST HOMES.Expenses $610,042 · revenue $3,255,262
- RESIDENT SERVICES:IN THE AREA OF RESIDENT SERVICES, SFHDC PROVIDED MEANINGFUL, ON-SITE SUPPORT TO APPROXIMATELY 2,500 RESIDENTS ACROSS EIGHT SITES, INCLUDING TWO NEW PROPERTIES. IT ALSO HOSTED DOZENS OF COMMUNITY-BUILDING ACTIVITIES AND EVENTS, SERVING YOUTH, ADULTS, SENIORS, AND WHOLE FAMILIES.Expenses $1,265,873 · grants $3,600 · revenue $700,175
- ECONOMIC DEVELOPMENT:OUR ECONOMIC DEVELOPMENT PROGRAM LAUNCHED "IN THE BLACK", A BRICK AND MORTAR SHOP FEATURING PRODUCTS BY 20 BLACK ENTREPRENEURS; GRADUATED TWO COHORTS, TOTALING 67 BUSINESSES, THROUGH OUR "MINDING MY BLACK-OWNED BUSINESS" TECHNICAL ASSISTANCE PROGRAM; SOURCED 9,500 HOT MEALS THROUGH LOCAL CHEFS FOR DISTRIBUTION TO LOW-INCOME SENIORS; AND COORDINATED THE JUNETEENTH FESTIVAL AND THE WESTERN ADDITION MUSIC FESTIVAL, ATTRACTING THOUSANDS OF ATTENDEESExpenses $2,048,685 · revenue $446,962
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-3090854
- 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
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $49,824,410
- Income (IRS master file)
- $9,250,739
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,160,810 | $8,905,371 | $49,824,410 | IRS |
| 990 | June 2024 | $8,226,234 | $11,100,141 | $46,612,669 | IRS |
| 990 | June 2023 | $8,797,761 | $9,445,626 | $43,550,099 | XML |
| 990 | June 2022 | $8,913,329 | $6,266,157 | $36,899,216 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 94-3090854).
Questions about SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION
- What is the EIN of SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION is 94-3090854.
- Is SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION 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 SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION 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 SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION 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 SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names DAVID J SOBEL.
- Who are the officers and directors of SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 19 people; 7 received compensation from the organization, the highest $197,284 (DAVID J SOBEL, CEO).
- How much revenue does SAN FRANCISCO HOUSING DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,160,810, expenses of $8,905,371 and total assets of $49,824,410 at year end.
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