California Housing Partnership Corporation
- Assets
- $6.1m
- Revenue
- $7.9m
- Investments
- $0.0
- Employees
- 45
- Location
- San Francisco, CA
- Founding
- 05/1995
- Data as of
- 12/2021
- EIN
- 68-0183692
Organization Overview
California Housing Partnership Corporation is located in San Francisco, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, California Housing Partnership Corporation employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. California Housing Partnership Corporation 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, California Housing Partnership Corporation generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $7.6m during the year ending 12/2021. While expenses have increased by 13.9% 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
THE CALIFORNIA HOUSING PARTNERSHIP CORPORATION CREATES AND PRESERVES AFFORDABLE AND SUSTAINABLE HOMES FOR CALIFORNIANS WITH LOW INCOMES BY PROVIDING EXPERT FINANCIAL AND POLICY SOLUTIONS TO NONPROFIT AND PUBLIC PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PARTNERSHIP PROVIDED TECHNICAL ASSISTANCE TO 64 PUBLIC AND PRIVATE NONPROFIT ORGANIZATIONS ON THE CONSTRUCTION AND FINANCING OF 289 AFFORDABLE HOUSING DEVELOPMENTS THROUGHOUT CALIFORNIA IN 2021.WE ALSO LAUNCHED AN ONLINE TRAINING PROGRAM IN 2021 THAT SERVED TO INCREASE THE CAPACITY OF NEARLY 300 AFFORDABLE HOUSING PROFESSIONALS ACROSS CA.
THE PARTNERSHIP'S POLICY AND RESEARCH PROGRAM PROVIDED TECHNICAL ASSISTANCE,TRAINING, AND EDUCATION RELATED TO THE PRESERVATION AND PRODUCTION OF AFFORDABLEHOUSING IN CALIFORNIA. IN 2021, THESE EFFORTS FOCUSED ON DEVELOPING A 10-YEAR PLAN TO END HOMELESSNESS AND CLOSE THE AFFORDABLE HOUSING GAP CALLED ""CALIFORNIA'S ROADMAP HOME 2030"" AS WELL AS ADVOCATING FOR RESOURCES TO SUPPORT LOW-INCOME RENTERS STRUGGLING FINANCIALLY DURING THE PANDEMIC. DURING THIS TIME, WE ALSO EXPANDED AVAILABILITY AND SCOPE OF OUR ONLINE RESEARCH REPORTS AND ONLINE TOOLS.
THE SUSTAINABLE HOUSING PROGRAM PROVIDED TECHNICAL SUPPORT TO NONPROFIT HOUSING PROVIDERS TO HELP THEM AND THE LOW-INCOME RENTERS THEY SERVE ACCESS CLEAN ENERGY FUNDING, AND ADVOCATED FOR INCREASED RESOURCES TO REDUCE GREENHOUSE GAS EMISSIONS IN AFFORDABLE HOUSING THROUGHOUT CALIFORNIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Mandel Director, Financial Consulting | 40 | $232,354 | |
Matthew Schwartz President & CEO | Officer | 40 | $232,336 |
Paul Beesmeyer Director, Southern California | 40 | $220,605 | |
Laura Kobler Dir. Sacramento | 40 | $200,440 | |
Diep DO Dir. San Diego | 40 | $188,107 | |
Dave Kiddoo Dir Public Housing | 40 | $180,345 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $697,815 |
| All other contributions, gifts, grants, and similar amounts not included above | $685,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,382,815 |
| Total Program Service Revenue | $6,350,433 |
| Investment income | $117,730 |
| 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 | $7,852,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $807,309 |
| Compensation of current officers, directors, key employees. | $65,256 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,793,367 |
| Pension plan accruals and contributions | $172,630 |
| Other employee benefits | $583,684 |
| Payroll taxes | $381,752 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,693 |
| Fees for services: Accounting | $38,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,195 |
| Advertising and promotion | $5,997 |
| Office expenses | $73,696 |
| Information technology | $235,379 |
| Royalties | $0 |
| Occupancy | $281,543 |
| Travel | $4,709 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,509 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,886 |
| Insurance | $38,830 |
| All other expenses | $0 |
| Total functional expenses | $7,588,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,084 |
| Savings and temporary cash investments | $2,500 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,424,854 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $133,249 |
| Net Land, buildings, and equipment | $87,087 |
| Investments—publicly traded securities | $4,057,348 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $213,618 |
| Total assets | $6,145,740 |
| Accounts payable and accrued expenses | $377,635 |
| Grants payable | $0 |
| Deferred revenue | $22,061 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $399,696 |
| Net assets without donor restrictions | $5,423,128 |
| Net assets with donor restrictions | $322,916 |
| 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 | $6,145,740 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that California Housing Partnership Corporation has recieved totaling $115,028.
| Awarding Organization | Amount |
|---|---|
Mufg Union Bank Foundation Ag Phoenix, AZ PURPOSE: CHARITABLE | $75,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $30,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Housing and Transportation | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |