Linc Housing Corporation
Linc Housing Corporation reported $54.9 million in revenue and $21.8 million in expenses for calendar year 2024. Of every $100 it spent, $64.34 went to program services, $31.77 to management and general costs and $3.89 to fundraising. Its largest source of revenue was contributions and grants: 44.9% of the total. Government grants made up 30.3%. The highest compensation it reported for one person was $556,148 (CEO). 17 people received more than $100,000 in reportable compensation. Revenue rose 95% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $22MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $55M- Contributions & grants (non-government)$14.58 $8.0M
- Government grants$30.25 $17M
- Program service revenue$30.23 $17M
- Investment income$24.94 $14M
Other revenue was negative: −$52,291. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 64.3% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 31.8% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.9% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 44.9% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 30.3% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 30.3% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $556,148 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.56% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 17 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 75.2 | 10.0 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseLINC Housing Corporation is a nonprofit organization that builds, owns and operates affordable housing for seniors and families throughout California. LINC is committed to creating and preserving housing that is affordable, environmentally sustainable, and a catalyst for community improvement
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO Officer, 36.00 hrs/week | $512,339 | $0 | $43,809 | $556,148 |
| President & COO Officer, 36.00 hrs/week | $477,746 | $0 | $50,685 | $528,431 |
| exe vice pres Officer, 36.00 hrs/week | $275,415 | $0 | $44,007 | $319,422 |
| strategic adv Officer, 36.00 hrs/week | $288,509 | $0 | $21,534 | $310,043 |
| SVP of dev Officer, 36.00 hrs/week | $252,921 | $0 | $34,805 | $287,726 |
| svp Officer, 36.00 hrs/week | $235,433 | $0 | $38,531 | $273,964 |
| svp of hsg dev Officer, 36.00 hrs/week | $228,087 | $0 | $43,996 | $272,083 |
| VP OF HR Listed in Part VII, 36.00 hrs/week | $226,737 | $0 | $27,781 | $254,518 |
17 people received more than $100,000 in reportable compensation from Linc Housing Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5152
- Volunteers Part I, line 629
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Prefab Logistics LLC construction | $527,342 |
| Holthouse Carlin & Van Trigt LLP accounting | $384,646 |
| D33 Design & Planning Inc construction | $331,400 |
| RDC-S111 Inc cONSTRUCTION | $299,148 |
| Torti Gallas and Partners Inc construction | $250,643 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
8 private foundations reported grants to Linc Housing Corporation totaling $1.5M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Linc Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Linc Housing Corporation, you can publish a response that is linked from this page.
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Of every $100 Linc Housing Corporation spent in 2024, $64.34 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in California
Questions people ask
How much of Linc Housing Corporation's spending goes to programs?
In calendar year 2024, Linc Housing Corporation reported that 64.3% of its $21.8 million in expenses went to program services, 31.8% to management and general and 3.9% to fundraising (Form 990, Part IX).
How much does Linc Housing Corporation pay its top executive?
The largest total compensation Linc Housing Corporation reported for one person in calendar year 2024 was $556,148, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Linc Housing Corporation get its money?
Of $54.9 million in revenue in calendar year 2024, 44.9% came from contributions and grants (including 30.3% from government grants) and 30.3% from program service revenue (Form 990, Part VIII).
Is Linc Housing Corporation a registered charity?
The IRS lists EIN 33-0578620 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202532819349300548 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202402549349301025 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313149349305686 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233159349307378 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349325475 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003109349301535 · read the filing
All filings for EIN 33-0578620: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.