480 Valencia Inc is located in San Francisco, CA. The organization was established in 1993. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 480 Valencia Inc 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 12/2023, 480 Valencia Inc generated $38.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $345.2k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CORPORATION SERVES AS A GENERAL PARTNER FOR TWO PARTNERSHIPS WHICH PROVIDE A TOTAL OF 159 UNITS OF HOUSING FOR LOW-INCOME FAMILIES IN SAN FRANCISCO, CALIFORNIA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jon Layman President | 0.1 | $0 | |
Musetta So Vice President | 0.1 | $0 | |
Julia Kosheleva-Coats CFO | 0.1 | $0 | |
Mara Rosales Secretary | 0.1 | $0 | |
Sam Moss Director | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
| Total Program Service Revenue | $37,905 |
| Membership dues | $0 |
| Investment income | $385 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,890 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $344,660 |
| Total expenses | $345,210 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $119,312 |
| Total liabilities | $4,032,189 |
| Net assets or fund balances | -$3,912,877 |