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Bomh Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943282930 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Bomh Inc?

Bomh Inc is a nonprofit organization situated in San Francisco, California, with an address at 600 California Street 900. Their primary mission is to support Bridge Housing Corporation (Bridge), an organization dedicated to strengthening communities by creating high-quality, affordable housing for working families and seniors. Bridge aims to earn the highest degree of satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Bomh Inc serves as a crucial partner, helping Bridge deliver a variety of housing solutions to communities in need. The organization successfully operated an affordable housing property with 13 buildings and 87 rental units.

Is Bomh Inc legitimate?

Bomh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bomh Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $167,757

For more financial information, click here

What is the mission statement of Bomh Inc?

Bomh Inc supports Bridge Housing Corporation (Bridge), an organization that strengthens communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The mission of Bomh Inc is to aid Bridge in its mission of creating opportunities for these demographics, extending beyond housing. Bridge is recognized as a leader and innovator in the production, operation, and ownership of affordable and mixed-income housing, earning the highest degree of satisfaction from all stakeholders. As a trusted partner, Bridge is the go-to developer and owner for public officials, investors, and communities seeking housing solutions, delivering results effectively.

Who is the CEO of Bomh Inc?

Janet Patterson is the Principal Officer of Bomh Inc. The CEO's salary of Bomh Inc is $0 and their total compensation is $538,963.

What is the revenue of Bomh Inc?

Bomh Inc's revenue in 2022 was $1,545,156.

Who are the executives of Bomh Inc and what are their salaries?

There 3 volunteers at Bomh Inc.


Here are 7 key members and their salaries (Bomh Inc's CEO's salary is $0 and their total compensation is $538,963):


Kimberly Mckay (Evp Of Development (Outgoing))
  • Compensation: $0
  • Related: $486,042
  • Other: $98,469
Kenneth Lombard (President & Ceo)
  • Compensation: $0
  • Related: $503,363
  • Other: $35,600
Delphine Sherman (Evp & Cfo)
  • Compensation: $0
  • Related: $347,144
  • Other: $116,424
Rebecca Hlebasko (Svp General Counsel)
  • Compensation: $0
  • Related: $342,254
  • Other: $104,797
James Mather (Evp & Cio)
  • Compensation: $0
  • Related: $347,823
  • Other: $97,080
Susan Johnson (Evp (Outgoing))
  • Compensation: $0
  • Related: $245,086
  • Other: $21,219
Sierra Atilano (Evp Of Development)
  • Compensation: $0
  • Related: $76,056
  • Other: $3,970
Where can I find the form 990 for Bomh Inc?

Bomh Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bomh Inc

Bomh Inc, with a mission-driven approach, supports Bridge Housing Corporation (Bridge). Bridge's primary objective is to strengthen communities by developing, owning, and managing high-quality, affordable homes for working families and seniors. The organization aspires to go beyond housing, creating opportunities for these demographics within the communities they serve.

Bridge is recognized as a leader and innovator in the field of affordable and mixed-income housing production, operation, and ownership. The organization's vision is to earn the highest level of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees. Bridge is the go-to developer and owner for public officials, investors, and communities seeking a diverse range of housing solutions, delivering results consistently.

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Impact




October, 2024

Bomh Inc significantly enhances community well-being by supporting the Bridge Housing Corporation in its mission to provide high-quality, affordable housing for working families and seniors. By developing, owning, and managing rental units, Bomh Inc plays a pivotal role in addressing the critical need for affordable housing in San Francisco.

The organization’s commitment to innovative housing solutions fosters stability for families and individuals, enabling them to thrive in their communities. With a focus on customer satisfaction, Bomh Inc ensures that it meets the needs of all stakeholders involved—including residents, neighbors, investors, and local officials—resulting in a strong network of support.

By effectively producing and managing affordable and mixed-income housing, Bomh Inc not only impacts the lives of those it directly serves but also strengthens the broader community, creating opportunities for economic growth and social stability. Through its initiatives, the organization emerges as a trusted partner for public officials and communities seeking impactful housing solutions, reinforcing the importance of access to safe and affordable homes.




This information is meant to be a general summary of Bomh Inc. 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.

Revenue
$1,545,156 (2022)
201120122013201420152016201720182019202020212022$0$400k$800k$1.2M$1.6M
Expenses
$1,718,638 (2022)
201120122013201420152016201720182019202020212022$0$500k$1M$1.5M$2M
Efficiency
2011201220132014201520162017201820192020202120220%3%6%9%13%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $403
  • Program Service Revenue: $1,027,202
  • Gross Receipts: $1,545,156

Assets and Liabilities:

  • Total Assets: $4,736,987
  • Total Liabilities: $2,753,476
  • Net Assets: $1,983,511

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NET RENTAL INCOME

Revenue

$1,026,277

ANCILLARY SERVICES

Revenue

$925

Organization Details

Founding Year

1997

Principal Officer

Janet Patterson

Main Address

600 CALIFORNIA STREET 900, SAN FRANCISCO, CA, 94108

NTEE Category

Code: L80Z - Housing

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