NonprofitsMission Economic Development Agency

Mission Economic Development Agency

SAN FRANCISCO, CA

Total revenue

$25.0M

Total expenses

$30.4M

Net assets

$6.9M

Grants received

$34.9M

114 grants

EIN

510187791

Tax year

2024

Mission

Rooted in the mission and focused on san francisco, meda's mission is to strengthen low- and moderate-income latino families by promoting economic equity and social justice through asset building and community development.

Programs

5 programs

Meda's asset building programs include workshops and individual coaching to help low-income and moderate-income clients achieve family economic success. Free programs include: financial capability, business development, housing opportunities, eviction prevention, free tax preparation, and workforce development.

Expenses: $6.1M

Meda is the lead agency for the mpn program, a federal initiative to help families succeed and students achieve. Meda is collaborating with the san francisco unified school district and a host of vital community partners to ensure that every child in the mission district of san francisco is on tract to thrive, from cradle to college and beyond.

Expenses: $3.1M

Mission community loan fund llc dba fondo adelante is organized and operates exclusively to further the following specific charitable purposes of meda: to provide affordable and accessible (a) small business and consumer loan products for persons who have not been able to access the capital needed to operate, expand, or acquire their business or meet their household needs, (b) real estate loan products to facilitate the preservation and creation of affordable residential and commercial real estate, and c) business coaching support and technical assistance to new and growing small business through the business development program.

Expenses: $2.8M

Meda's policy program is focused on the advancement of "social change toward a more equitable society," assessing the outcome of policies on the well-being of low-income latino and immigrant communities in san francisco's mission district and surrounding environments. The policy work organizes and empowers community members to identify systemic inequities, creates and communicates strategic policy positions, and leads the charge on making meaningful policy changes to support the mission district's most marginalized residents.

Expenses: $808K

Meda is a data-driven organization that relies on robust client, program, and community-level data to assess needs, design interventions, and determine the effectiveness of its strategies. Evaluation services are key to the data analysis and development of program strategies and community impact. Evaluation leverages technology, using a human-centered design approach to align data platforms with program needs and strengths, as well as facilitate service delivery. Evaluation services establish a regular cycle of process evaluation, with the goal fo driving program improvement through internal assessment of impact.

Financials

FY 2024

Revenue

Contributions & grants$16.7M
Program service revenue$8.0M
Investment income$234K
Other revenue$21K
Total revenue$25.0M

Expenses

Grants paid$3.8M
Salaries & benefits$12.9M
Fundraising$778K
Other expenses$13.7M
Total expenses$30.4M
Total assets$238.7M
Net assets$6.9M

People

29 listed

NameRoleCompensation

LUIS GRANADOS

CEO

Board

$423K

40 hrs/wk

PAMELA BENOIT

CFO (TO 9/24)

Board

$240K

40 hrs/wk

JILLIAN SPINDLE

CHIEF STRATEGY AND ADVANCE

Board

$220K

40 hrs/wk

BERLINA CEGUERRA

COO

Board

$201K

40 hrs/wk

CARLOS RAMIREZ

CFO FROM 09/24

Board

$191K

40 hrs/wk

JOSE GARCIA

CHIEF CRE

Board

$149K

40 hrs/wk

RICHARD RAYA

CSO

Board

$50K

40 hrs/wk

BIANCA LOPEZ

MEMBER (FROM 7/24)

Board

1 hrs/wk

RAFAEL YAQUIAN-LLLESCAS

BOARD CHAIR

Board

1 hrs/wk

JABARI HERBERT

MEMBER (TO 3/24)

Board

1 hrs/wk

ANTONIO ISAIS

MEMBER (FROM 9/24)

Board

1 hrs/wk

TERESA GARCIA

VICE CHAIR

Board

1 hrs/wk

WHITNEY JONES

TREASURER

Board

1 hrs/wk

MARCO CHAVARIN

SECRETARY

Board

1 hrs/wk

RICH GROSS

MEMBER (FROM 3/24)

Board

1 hrs/wk

KEVIN STEIN

MEMBER

Board

1 hrs/wk

YSABEL DURON

MEMBER

Board

1 hrs/wk

ED CABRERA

MEMBER

Board

1 hrs/wk

MANUEL SANTAMARIA

MEMBER (FROM 3/24)

Board

1 hrs/wk

CARINA MARQUEZ

MEMBER

Board

1 hrs/wk

TEDDY GRAY KING VASQUEZ

MEMBER

Board

1 hrs/wk

CAROLINA MARTINEZ

MEMBER

Board

1 hrs/wk

JOYCE SLEN

MEMBER (FROM 7/24)

Board

1 hrs/wk

KAROLEEN FENG

SENIOR ADVISOR TO CRE

Staff

$206K

40 hrs/wk

ELAINE YEE

VP OF COMM. REAL ESTATE

Staff

$181K

40 hrs/wk

RAJNI BANTHIA

VP OF DATA, ANALYSIS AND PLANNING

Staff

$174K

40 hrs/wk

DOLORES TERRAZAS

VP OF RISK MANAGEMENT & COMPLIANCE

Staff

$166K

40 hrs/wk

ERNESTO MARTINEZ

VP OF ASSEET BUILDING PROGRAMS

Staff

$161K

40 hrs/wk

ELIZABETH CORTEZ

VP OF MPN-COLLECTIVE IMPACT

Staff

$159K

40 hrs/wk

Independent contractors

BPM LLP

ACCOUNTING SERVICES

$636K

RTI INTERNATIONAL

SCIENTIFIC RESEARCH INSTITUTE

$380K

STARLIGHT STARTEGIES CA LLC

CONSULTING

$293K

ROBERT HALF FINANCE & ACCOUNTING

STAFFING SOLUTIONS

$129K

TRENDING SOCIAL LLC

SOCIAL MEDIA CONTENT

$111K

Grants received

Showing 114 of 114

FromAmountPurposeYear
$300K
OPERATING GRANT
2024
$250K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$250K
GENERAL SUPPORT
2024
$100K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024
$50K
BUILD OUT PRIVATE CLIENT MEETING ROOM
2024
$40K
PARTNER SUSTAINABILITY GENERAL
2024
$40K
Latino Digital
2024
$30K
SUSTAINABILITY AND CLIMATE GRANT
2024
$20K
GENERAL OPERATING SUPPORT
2024
$15K
General operating support
2024
$10K
ALL IN FOR KIDS TEAM LEADERSHIP & LEARNING OPPORTUNITY GRANT
2024
$10K
THRIVING COMMUNITIES
2024
$8K
GRANT TO SUPPORT AARP FOUNDATION'S ECONOMIC MOBILITY PROGRAM
2024
$6K
COMMUNITY GIVING- GENERAL
2024
$588K
GRANTS
2023
$500K
BIG SITES INITIATIVE
2023
$500K
GENERAL SUPPORT
2023
$301K
For grant recipient's exempt purposes
2023
$231K
TO PROVIDE EDUCATIONAL CLASSES ON CREDIT MANAGEMENT. TO SUPPORT MEDA SMALL PROPERTIES FOR FEES ASSOCIATED WITH THE REHABILITATION OF 40-42 SYCAMORE/42 CLARION ALLEY. FOR GENERAL SUPPORT.
2023
$200K
COMMUNITY HEALTH IMPROVEMENT
2023
$154K
Systems Transformation
2023
$100K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2023
$95K
CAPACITY BUILDING
2023
$80K
IN SUPPORT OF FINANCIAL HEALTH
2023
$73K
PROGRAM GRANT
2023
$24K
Ensuring Access To Coverage For All In The Mission
2023
$20K
ALLY BANK 2023 GRANT INVITATION
2023
$15K
General operating support
2023
$15K
Grant to support AARP Foundation's Work for Yourself 50+ workshops
2023
$14K
LATINO DIGITAL ACCELERATOR INITIATIVE
2023
$5K
EVENT SPONSORSHIP
2023
$5K
FOR GENERAL SUPPORT OF THE GRANTEE'S MISSION.
2023
$5K
FAMILIAS ADELANTE!: ENSURING ECONOMIC INCLUSION FOR UNDERSERVED LATINO FAMILIES
2023
$3.5M
TO SUPPORT ECONOMIC MOBILITY
2022
$838K
ADVANCING RACIAL JUSTICE AND HEALTHY COMMUNITIES VIA SMALL BUSINESSES: TO PROMOTE HEALTHY COMMUNITIES BY SUPPORTING CATALYTIC CHANGE THAT WILL CREATE EQUITABLE ACCESS TO FINANCING AMONG CALIFORNIA BIPOC-OWNED SMALL BUSINESSES THROUGH PILOTING AND TESTING INNOVATIVE UNDERWRITING, FIELD BUILDING AND COLLECTIVE ADVOCACY FOR SYSTEMS CHANGE IN PRACTICE.
2022
$762K
ADVANCING RACIAL JUSTICE AND HEALTHY COMMUNITIES VIA SMALL BUSINESSES: TO PROMOTE HEALTHY COMMUNITIES BY SUPPORTING CATALYTIC CHANGE THAT WILL CREATE EQUITABLE ACCESS TO FINANCING AMONG CALIFORNIA BIPOC-OWNED SMALL BUSINESSES THROUGH PILOTING AND TESTING INNOVATIVE UNDERWRITING, FIELD BUILDING AND COLLECTIVE ADVOCACY FOR SYSTEMS CHANGE IN PRACTICE.
2022
$500K
GENERAL SUPPORT
2022
$500K
BIG SITES INITIATIVE
2022
$388K
GRANTS
2022
$250K
Challenge Fund
2022
$250K
For grant recipient's exempt purposes
2022
$250K
COVID RELIEF
2022
$158K
GENERAL SUPPORT FOR THE COMMUNITY REAL ESTATE PROGRAM
2022
$85K
Building A Network To Support A Prosperous, Thrivi
2022
$80K
IN SUPPORT OF FINANCIAL HEALTH
2022
$30K
CAPACITY BUILDING
2022
$28K
PROGRAM GRANT
2022
$20K
Ally Bank 2022 Grant Invitation
2022
$10K
PROGRAM SUPPORT
2022
$5K
SUPPORT FOR GRANTEES MISSION AND GENERAL OPERATING COSTS.
2022
$1K
General & Unrestricted
2022
$2.5M
TO SUPPORT ECONOMIC MOBILITY
2021
$547K
GRANTS
2021
$400K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2021
$250K
Challenge Fund
2021
$106K
PROGRAM GRANT
2021
$80K
IN SUPPORT OF FINANCIAL HEALTH
2021
$75K
CA SBA Grant
2021
$28K
CAPITAL FUND
2021
$20K
General Operating Support
2021
$180
GENERAL OPERATING SUPPORT
2021
$3.7M
PROGRAM - TO PROVIDE GENERAL OPERATING SUPPORT TO A COMMUNITY ANCHOR WORKING ON TENANT PROTECTION AND AFFORDABLE HOUSING PRESERVATION IN THE MISSION NEIGHBORHOOD. PROGRAM - FUNDS ARE REQUESTED TO PROVIDE ADDITIONAL RESOURCES TO THE KOSHLAND MISSION FELLOWS TO BE RESPONSIVE TO THE HEALTH AND ECONOMIC CONSEQUENCES ASSOCIATED WITH COVID-19 AND ITS IMPACTS ON THE RESIDENTS OF THE MISSION NEIGHBORHOOD OF SAN FRANCISCO. ADVISED - TO PROVIDE TECHNICAL ASSISTANCE TO NEIGHBORHOOD GROUPS IN CENTRAL VALLEY, CA TO EXPAND ACCESS TO AND CREATION OF AFFORDABLE HOUSING. ADVISED - FOR GENERAL OPERATING SUPPORT. ADVISED - FOR COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF THE "RIGHT TO RECOVER" PROGRAM IN RESPONSE TO THE COVID-19 CRISIS. ADVISED - COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF THE "RIGHT TO RECOVER" PROGRAM IN RESPONSE TO THE COVID-19 CRISIS, ADVISED - COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT A
2020
$1.5M
MISSION PROMISE
2020
$745K
GRANTS
2020
$740K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2020
$500K
GENERAL SUPPORT
2020
$500K
BIG SITES INITIATIVE
2020
$330K
IN SUPPORT OF FINANCIAL HEALTH
2020
$250K
GENERAL OPERATING SUPPORT
2020
$100K
Challenge Fund
2020
$25K
2020 General Operations Including Covid-19 Relief Efforts
2020
$20K
TO PROVIDE FUNDING FOR MISSION ECONOMIC DEVELOPMENT AGENCY
2020
$15K
PROGRAM GRANT -VITA SUPPORT
2020
$15K
Equitable Neighborhood Development
2020
$10K
TO SUPPORT THE ORGANIZATION'S EXEMPT FUNCTION
2020
$6K
GENERAL SUPPORT
2020
$1K
CORE SUPPORT
2020
$3.8M
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019
$1.9M
COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF THE FAMILY RELIEF FUND IN RESPONSE TO THE COVID-19 CRISIS. COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF SFHELP PROGRAM IN RESPONSE TO THE COVID-19 CRISIS. COLLABORATION WITH THE CITY AND COUNTY OF SAN FRANCISCO TO IMPLEMENT ASPECTS OF THE RIGHT TO RECOVER PROGRAM IN RESPONSE TO THE COVID-19 CRISIS.
2019
$530K
IN SUPPORT OF FINANCIAL HEALTH
2019
$115K
GRANTS
2019
$38K
PROGRAM GRANT - CENSUS, VITA
2019
$25K
CAPACITY BUILDING
2019
$3K
COVID-19 EMERGENCY RELIEF GRANT RECIPIENT
2019
$380
GENERAL OPERATING SUPPORT
2019
$250K
IN SUPPORT OF FINANCIAL HEALTH
2018
$226K
PROGRAM GRANT TO SUPPORT ECONOMIC SUCCESS SERVICES
2018
$186K
GRANTS
2018
$75K
GENERAL SUPPORT
2018
$50K
TO PROVIDE CORE OPERATING SUPPORT FOR AN ORGANIZATION IN THE MISSION DISTRICT COUNTERING DISPLACEMENT WITH ASSET-BUILDING SERVICES, WORKFORCE DEVELOPMENT, A LOAN FUND, AND DEVELOPMENT & PRESERVATION OF SMALL SITE ACQUISITION FOR AFFORDABLE HOUSING AND NON-PROFIT SPACES.
2018
$25K
PROGRAM/OPERATING SUPPORT
2018
$5K
For grant recipient's exempt purposes
2018
$5K
FINANCIAL CAPABILITY PROGRAM.
2018
$173K
GRANTS
2017
$140K
PROGRAM GRANT TO SUPPORT ECONOMIC SUCCESS SERVICES
2017
$75K
TO PROVIDE GENERAL OPERATING SUPPORT TO CONTINUE TO BROADEN MEDAS REACH AND IMPACT AMONG SAN FRANCISCO'S LATINO AND IMMIGRANT COMMUNITIES.
2017

Funded by

$34.9M from 47 funders · 114 grants · 2017–2024

Jpmorgan Chase Foundation

$6.8M · 13 grants · 2018–2024

Blue Meridian Partners Inc

$6M · 2 grants · 2021–2022

The San Francisco Foundation

$6.0M · 5 grants · 2017–2023

Crankstart Foundation

$4.8M · 9 grants · 2020–2023

Unidosus

$2.7M · 7 grants · 2017–2023

The California Endowment

$1.6M · 2 grants · 2022

Califonia State University East Bay

$901K · 1 grant · 2023

National Association For Latino

$848K · 2 grants · 2019–2020

Details

EIN510187791
Subsection03
Ruling date1976-04
Formed1973
Employees121
Volunteers0
MISSION ECONOMIC DEVELOPMENT AGENCY — Mission, Financials & Grants Received | Grantivo