Placemade is located in San Francisco, CA. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Placemade is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Placemade generated $930.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.6% each year . All expenses for the organization totaled $892.2k during the year ending 12/2021. While expenses have increased by 17.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BAY AREA'S FIRST NON-PROFIT INDUSTRIAL REAL ESTATE DEVELOPMENT CORPORATION COLLABORATES WITH BOTH THE PRIVATE AND PUBLIC SECTOR TO ENSURE THAT THE BAY AREA HAS ADEQUATE QUALITY INDUSTRIAL SPACE TO SUPPORT A VIBRANT AND GROWING MANUFACTURING SECTOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REAL ESTATE DEVELOPMENT - PLACEMADE IS COLLABORATING WITHG A PRIVATE SECTOR PARTNER TO DESIGN AND BUILD A 54,000 SF INDUSTRIAL BUILDING IN THE HEART OF SAN FRANCISCO TO PROVIDE CRITICALLY NEEDED AFFORDABLE MANUFACTURING SPACE AT A TIME WHEN THE SECTOR IS FEELING THE RISING COST OF THE REAL ESTATE MARKET.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Janet Lees Acting CEO | Officer | 1 | $0 |
Susan Sigler CEO | Officer | 1 | $0 |
Katherine Sofis CEO | Officer | 1 | $0 |
Jon Knorrp Board Member | Trustee | 0 | $0 |
Alicia Esterkamp Allbin Board Secretary/treasurer | Trustee | 0 | $0 |
Byron Rhett Board President | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $35,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $35,000 |
Total Program Service Revenue | $332,549 |
Investment income | $562,644 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $930,193 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $35,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $173,623 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,444 |
Fees for services: Accounting | $25,450 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $83,223 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $2,053 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $539,183 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,250 |
Insurance | $8,949 |
All other expenses | $0 |
Total functional expenses | $892,175 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $251,578 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $24,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $240,661 |
Notes and loans receivable | $16,706,080 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $5,044 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,227,363 |
Accounts payable and accrued expenses | $10,191 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $8,421,410 |
Other liabilities | $230,334 |
Total liabilities | $8,661,935 |
Net assets without donor restrictions | $8,565,428 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,227,363 |
Organization Name | Assets | Revenue |
---|---|---|
San Diego Convention And Tourist Bureau San Diego, CA | $10,248,135 | $28,266,235 |
Cdc Small Business Finance Corp San Diego, CA | $123,395,668 | $31,738,512 |
Mission Economic Development Agency San Francisco, CA | $193,556,070 | $20,206,962 |
San Francisco Travel Association San Francisco, CA | $17,687,275 | $15,738,684 |
Citadel Economic Development Corporation San Bernardino, CA | $7,215,242 | $16,438,545 |
Greater Phoenix Convention & Visitors Bureau Phoenix, AZ | $19,191,750 | $16,242,591 |
Long Beach Area Convention And Visitors Bureau Inc Long Beach, CA | $4,784,571 | $9,189,036 |
San Luis Obispo Visitors & Conference Bureau Incorporated San Luis Obispo, CA | $7,302,521 | $9,818,447 |
Smcu Community Fund Redwood City, CA | $1,513,371 | $6,964,137 |
Maui Economic Development Board Inc Medb Kihei, HI | $10,649,362 | $7,742,311 |
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Santa Monica Travel & Tourism Santa Monica, CA | $2,868,308 | $7,126,411 |