NonprofitsSan Francisco Community Investment Fund

Housing & Shelter

San Francisco Community Investment Fund

SAN FRANCISCO, CA

Total revenue

$1.7M

Total expenses

$1.2M

Net assets

$4.4M

Grants received

EIN

271996807

Tax year

2023

Mission

The corporation's specific purpose is to assist in carrying out the economic development programs and objectives of the city. It will promote the development, establishment or expansion of industries and commerce in low-income areas by generating private investment capital through the new markets tax credit ("nmtc") program. The corporation will make loans available for investment in "low-income communities or "low-income persons" (as defined in the law and regulations governing the nmtc program). The primary mission of the corporation is to serve low-income communities or low-income persons by providing investment capital. The organizations's activites will target economically distressed communities within the city.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.7M
Investment income$36K
Other revenue
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$1.2M
Total expenses$1.2M
Total assets$4.9M
Net assets$4.4M

People

5 listed

NameRoleCompensation

BRIAN STRONG

PRESIDENT

Board

1.5 hrs/wk

JOAQUIN TORRES

VICE PRESIDENT

Board

1 hrs/wk

CARMEN CHU

SECRETARY

Board

1 hrs/wk

NAVEENA BOBBA

TREASURER

Board

1.5 hrs/wk

TOM DECAIGNY

BOARD MEMBER

Board

1 hrs/wk

Details

EIN271996807
NTEE codeL20
Subsection03
Ruling date2012-02
Formed2010
Employees0
Volunteers0
SAN FRANCISCO COMMUNITY INVESTMENT FUND — Mission, Financials & Grants Received | Grantivo