Overview
What is San Francisco Housing Development Corporation?
San Francisco Housing Development Corporation is a nonprofit organization situated in San Francisco, California. Its primary focus is on affordable housing development, homeownership, and financial empowerment services. The corporation has significantly contributed to the city by renovating 194 affordable family rental units at two locations: Hayes Valley South and Hayes Valley North. Additionally, they completed construction and secured permanent financing for 168 units at Sickles Ave, providing affordable housing through the Small Sites Program. Recently, they acquired a 16-unit property at 375 14th Street to renovate and preserve affordable apartments using the Small Sites Program. With a workforce of 32 employees, San Francisco Housing Development Corporation aims to foster financial stability in the city by developing affordable housing, facilitating asset building, and revitalizing underserved neighborhoods.
Official website here: www.sfhdc.org
What do the Facebook reviews say about San Francisco Housing Development Corporation?
94% of the 11 reviewers on Facebook recommend the San Francisco Housing Development Corporation. Here’s a summary of their thoughts:
The feedback highlights a strong appreciation for the organization's commitment to assisting underserved communities. Reviewers express satisfaction with the impactful programs and services the nonprofit offers, emphasizing its role in providing essential support for those in need.
Overall, the sentiment reflects a positive response toward the nonprofit's mission, with many recognizing its efforts to make a significant difference in the lives of individuals facing housing challenges. The organization seems to deliver on its promises, earning respect from those who have engaged with its initiatives.
This AI summary has been generated from reviews found on Facebook.
Is San Francisco Housing Development Corporation legitimate?
San Francisco Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco Housing Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $202,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,156,768
For more financial information, click here
Official website here: www.sfhdc.org
What is the mission statement of San Francisco Housing Development Corporation?
The San Francisco Housing Development Corporation's mission is centered around fostering financial stability. They achieve this by engaging in affordable housing development, facilitating asset building, and revitalizing underserved neighborhoods in the city. This organization's activities include completing renovations for affordable family rental units, constructing and securing financing for new affordable housing units, and acquiring properties to preserve and renovate affordable apartments. Their ultimate goal is to contribute to financial stability for the community by providing affordable housing options.
Official website here: www.sfhdc.org
Who is the CEO of San Francisco Housing Development Corporation?
David J Sobel is the Chair of San Francisco Housing Development Corporation. The CEO's salary of San Francisco Housing Development Corporation is $180,000 and their total compensation is $186,000.
Official website here: www.sfhdc.org
What is the revenue of San Francisco Housing Development Corporation?
San Francisco Housing Development Corporation's revenue in 2022 was $8,913,329.
Official website here: www.sfhdc.org
Who are the executives of San Francisco Housing Development Corporation and what are their salaries?
The average compensation at San Francisco Housing Development Corporation during 2022 was $73,723. There are 32 employees and 10 volunteers at San Francisco Housing Development Corporation.
Here are 14 key members and their salaries (San Francisco Housing Development Corporation's CEO's salary is $180,000 and their total compensation is $186,000):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $180,000
- Related: $0
- Other: $6,000
- Compensation: $55,651
- Related: $0
- Other: $3,500
- Compensation: $124,529
- Related: $0
- Other: $10,200
- Compensation: $129,503
- Related: $0
- Other: $8,835
Official website here: www.sfhdc.org
Where can I find the form 990 for San Francisco Housing Development Corporation?
San Francisco Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfhdc.org
Learn more at the official website: www.sfhdc.org
Mission Statement of San Francisco Housing Development Corporation
San Francisco Housing Development Corporation, often abbreviated as SFHDC, is an organization dedicated to promoting financial stability. They achieve this goal by focusing on three key areas: the development of affordable housing, facilitating asset building, and revitalizing underserved neighborhoods. By doing so, SFHDC strives to make a significant impact on the community, fostering a sense of security and empowerment for its residents.
To achieve their mission, SFHDC has undertaken several initiatives. One of their key projects involves the renovation and transformation of residential properties into affordable housing units. For instance, they completed renovations at Hayes Valley South and Hayes Valley North, providing 194 affordable family rental units in total. Additionally, SFHDC undertook a construction project at Sickles Ave., which resulted in the creation of twelve permanently affordable housing units. Furthermore, they acquired a 16-unit property located at 375 14th Street and refurbished it to preserve affordable apartments, utilizing the Small Sites Program.
Through their efforts, SFHDC contributes to the betterment of their community by providing safe and affordable housing options for families. By revitalizing underserved neighborhoods and offering opportunities for asset building, they help foster financial stability and empowerment within the local community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
San Francisco Housing Development Corporation significantly impacts the community through the development of affordable housing, fostering financial stability, and revitalizing underserved neighborhoods. Their achievements include the completion of renovations for 110 affordable family rental units at Hayes Valley South and 84 units at Hayes Valley North, directly addressing housing affordability in one of the most expensive cities in the country.
Additionally, they have successfully constructed and obtained permanent financing for 168 Sickles Ave, which provides twelve permanently affordable housing units through the Small Sites Program. Their efforts extend to the acquisition and renovation of 16-unit properties, such as 375 14th Street, aimed at preserving affordable apartments.
By facilitating homeownership and offering housing and financial empowerment services, they play a crucial role in empowering individuals and families, ensuring that more residents have access to stable and affordable housing options. Overall, their work contributes to the economic stability of the community and the revitalization of neighborhoods, creating a more equitable and inclusive San Francisco.
This information is meant to be a general summary of San Francisco Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $169
- Program Service Revenue: $4,482,102
- Gross Receipts: $8,957,949
Assets and Liabilities:
- Total Assets: $36,899,216
- Total Liabilities: $22,813,315
- Net Assets: $14,085,901
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$3,603,611
RENTAL INCOME
Revenue
$597,978
PROJECT MGMT SERVICES
Revenue
$226,011
INCOME FROM PTRSHIP.
Revenue
$40,886
OTHER INCOME
Revenue
$13,616
Organization Details
Founding Year
1988
Phone
(415) 822-1022Principal Officer
David J Sobel
Main Address
4439 THIRD STREET, SAN FRANCISCO, CA, 94124
Website
www.sfhdc.orgNTEE Category
Code: L21 - Housing
If you are a representative of San Francisco Housing Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.