Nonprofit · EIN 99-3131204
PROPIEDADES ADELANTE
Tax-exempt · SAN FRANCISCO, CA 94110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,432,616 | $1,382,956 | $49,660 | $290,225 | $322,427 | -$32,202 |
| December 31, 2024 | 990 | $619,297 | $701,159 | -$81,862 | $551,799 | $633,661 | -$81,862 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $35,000
- Program service revenue
- $1,378,532
- Investment income
- $16,185
- Other revenue
- $2,899
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $80,455
- Other salaries and wages
- $416,843
- Salaries, compensation and benefits (total)
- $630,453
- Professional fundraising fees
- $0
- Legal fees
- $2,050
- Accounting fees
- $3,478
- Occupancy
- $24,495
- Travel
- $11,590
- Program services (functional)
- $948,830
- Management and general (functional)
- $434,126
Balance sheet and other
- Total assets, start of year
- $551,799
- Total assets, end of year
- $290,225
- Total liabilities, end of year
- $322,427
- Net assets, end of year
- -$32,202
- Net assets without donor restrictions
- -$32,202
- Gross receipts
- $1,432,616
- Employees
- 12
- Volunteers
- 4
- Year formed
- 2025
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Luis Granados | Board Member Trustee or director | 2 | $0 | $392,631 | $38,585 |
| Carlos Ramirez | CFO Officer | 15 | $0 | $206,441 | $0 |
| Brooks Kenney Baskin | Assistant Secretary Trustee or director, Officer | 2 | $45,000 | $0 | $0 |
| Sonia Lapolice | CEO Officer | 40 | $35,455 | $0 | $0 |
| Whitney Jones | Chair Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Karim Sultan | Vice Chair/Treasurer Trustee or director, Officer | 2 | $0 | $0 | $0 |
| Amelia Martinez-Bankhe | Secretary Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BROOKS KENNEY BASKIN | ASSISTANT SECRETARY Trustee or director, Officer | 2 | $15,000 |
| WHITNEY JONES | CHAIR Trustee or director, Officer | 2 | $0 |
| KARIM SULTAN | VICE CHAIRR/TREASURER Trustee or director, Officer | 2 | $0 |
| AMELIA MARTINEZ-BANKHE | SECRETARY Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2301 MISSION ST STE 301, SAN FRANCISCO, CA 94110-1900
- In care of
- % PROPIEDADES ADELANTE
- Principal officer (990 for 2025)
- Sonia Lapolice, 2301 Mission Street Suite 301, San Francisco, CA 94110
- Signed the 990
- Sonia Lapolice, CEO
- Phone
- (844) 534-9700
- Return prepared by
- Aprio Advisory Group LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 99-3131204 or by the name PROPIEDADES ADELANTE.
- 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
Rooted in mission and focused on San Francisco, MEDA's mission is to strengthen low- and moderate-income Latino families by promoting economic equity and social justice through asset building and community development.
Program accomplishments
- Propiedades Adelante provides property management services of Development Agency. The properties are owned by limited liability companies (LLCs) in which MEDA is the sole member and manager, and which are disregarded entities for tax purposes. The LLC owners of these properties are Meda Precita Small Properties, LLC, a California limited liability company; Meda Small Properties, LLC, a California limited liability company; and Meda Haf Small Properties, LLC, a California limited liability company (individually an owner and collectively the owners). The owners now own 38 properties with 402 residential units. All properties are located in the City and County of San Francisco.Expenses $948,830 · revenue $1,378,532
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 99-3131204
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $290,225
- Income (IRS master file)
- $1,432,616
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,432,616 | $1,382,956 | $290,225 | XML |
| 990 | December 2024 | $619,297 | $701,159 | $551,799 | XML |
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 99-3131204).
Questions about PROPIEDADES ADELANTE
- What is the EIN of PROPIEDADES ADELANTE?
- The employer identification number (EIN) of PROPIEDADES ADELANTE is 99-3131204.
- Is PROPIEDADES ADELANTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to PROPIEDADES ADELANTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PROPIEDADES ADELANTE 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 PROPIEDADES ADELANTE 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 PROPIEDADES ADELANTE 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 PROPIEDADES ADELANTE?
- The 990 for the year ended December 31, 2025 names Sonia Lapolice.
- Who are the officers and directors of PROPIEDADES ADELANTE?
- The 990 for the year ended December 31, 2025 lists 7 people; 2 received compensation from the organization.
- How much revenue does PROPIEDADES ADELANTE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,432,616, expenses of $1,382,956 and total assets of $290,225 at year end.
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All nonprofits in SAN FRANCISCO · California · Housing and shelter