NonprofitsHousing Endowment & Tr Of San Mateo County

Religion-Related

Housing Endowment & Tr Of San Mateo County

SAN MATEO, CA

Total revenue

$3.5M

Total expenses

$1.0M

Net assets

$19.7M

Grants received

$63K

3 grants

EIN

721589835

Tax year

2023

Mission

HEART meets critical housing needs in San Mateo County by raising both public and private funds. HEART invests the funds it raises in affordable housing developments for low and moderate income people and in loans to first time homebuyers

Programs

2 programs

Other program services

Expenses: $181K

1. Made two down payment assistance loans totaling $175,125. Sold the loans to meriwest credit union for $175,125. 2. Loan origination fees generated $815 in revenue. 3. Program service expense to manage this progras was $24,135.

Expenses: $24K

Financials

FY 2023

Revenue

Contributions & grants$2.3M
Program service revenue$262K
Investment income$981K
Other revenue
Total revenue$3.5M

Expenses

Grants paid
Salaries & benefits$847K
Fundraising$10K
Other expenses$161K
Total expenses$1.0M
Total assets$24.8M
Net assets$19.7M

People

23 listed

NameRoleCompensation

ARMANDO SANCHEZ

Executive Dir.

Board

$212K

40 hrs/wk

Dave Hopkins

Director

Board

1 hrs/wk

Jack Matthews

Director

Board

1 hrs/wk

Bart Pantoja

Director

Board

1 hrs/wk

Karyl Eldridge

Director

Board

1 hrs/wk

Anders Fung

Director

Board

1 hrs/wk

Larry Franzella

Director

Board

1 hrs/wk

Nancy Magee

Director

Board

1 hrs/wk

Noelia Corzo

Director

Board

1 hrs/wk

Robert Morehead

Director

Board

1 hrs/wk

Mary Bier

Director

Board

1 hrs/wk

Deborah Penrose

Director

Board

1 hrs/wk

Diane Howard

Director

Board

1 hrs/wk

James Coleman

Director

Board

1 hrs/wk

Sam Hindi

Director

Board

1 hrs/wk

Glenn R Sylvester

Director

Board

1 hrs/wk

Elaine Breeze

Director

Board

1 hrs/wk

Micahel Brownrigg

Director

Board

1 hrs/wk

Elan Scheinman

Director

Board

1 hrs/wk

Sara McDowell

Director

Board

1 hrs/wk

Warren Slocum

Director

Board

1 hrs/wk

Tim Davis

Director of Consulting Services

Staff

$162K

0

Boris Vatkin

Director of Housing Programs

Staff

$155K

0

Grants received

Showing 3 of 3

FromAmountPurposeYear
$13K
RELIGION RELATED
2023

Funded by

$63K from 2 funders · 3 grants · 2020–2023

Details

EIN721589835
NTEE codeX20
Subsection03
Ruling date2008-11
Formed2005
Employees0
HOUSING ENDOWMENT & TR OF SAN MATEO COUNTY — Mission, Financials & Grants Received | Grantivo