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California Housing Partner Corporation

San Francisco, CA · EIN 68-0183692 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

California Housing Partner Corporation reported $10.8 million in revenue and $9.6 million in expenses for calendar year 2024. Of every $100 it spent, $88.98 went to program services, $9.88 to management and general costs and $1.14 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 75.8% of the total. The highest compensation it reported for one person was $341,784 (President & CEO). 36 people received more than $100,000 in reportable compensation. Revenue rose 79% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.6M

For 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 $11M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
89.0%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
9.9%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
1.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
22.9%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
75.8%66.2%
Highest reported compensation
Part VII-A, columns D–F
$341,784$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.56%1.57%
People paid over $100,000
Part VII, line 2
365
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.610.0
Independent voting board members
Part VI 1a–1b
8 of 8100.0%

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 expense
$8.6M expenses · 100.0% of program spending · revenue $8.2M

The Partnership provided technical assistance to 26 of our public and private nonprofit organization partners on the construction and financing of 3,884 affordable and sustainable homes throughout California in 2024. We also trained more than 5,300 affordable housing professionals across California in 2024 through expansion of our online and in-person training programs

— expenses

The Partnership's policy and research program provided technical assistance, training, and education related to the preservation and production of affordable housing in California. In 2024, these efforts included expanding our preservation efforts by examining naturally occurring affordable housing (NOAH) in California and the potential risks factors related to NOAH properties losing their affordability for low-income Californians. We continued to expanded use and outreach for our online research tools by updating the tools and providing trainings/webinars for various partner organizations.…

— expenses

The sustainable housing team implemented four major clean energy incentive programs, provided technical support to nonprofit housing providers to help them and the low-income residents they serve access clean energy funding resources, and advocated for increased funding to reduce greenhouse gas emissions in affordable housing throughout California

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Officer, 40.00 hrs/week
$288,417$0$53,367$341,784
Managing Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$253,034$0$53,971$307,005
Managing Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$261,288$0$30,042$291,330
Senior Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$230,425$0$46,498$276,923
Managing Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$228,465$0$44,129$272,594
Senior Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$217,884$0$50,184$268,068
Senior Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$223,159$0$30,491$253,650
Senior Dir. Financial Consulting
Listed in Part VII, 40.00 hrs/week
$202,278$0$42,160$244,438

36 people received more than $100,000 in reportable compensation from California Housing Partner Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.2M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$11M$9.6M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$11M$9.6M89.0%$7.7M$341,784
2023 ⓘ$9.0M$8.8M88.1%$6.4M$299,282
2022 ⓘ$8.3M$7.9M89.3%$6.1M$288,768
2021 ⓘ$7.9M$7.6M92.1%$5.7M$286,028
2020 ⓘ$7.2M$6.6M92.2%$5.3M$291,272
2019 ⓘ$6.0M$5.4M89.5%$4.7M$237,651

Governance 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–1b8 · 8 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 554

Private foundation grants it received

3 private foundations reported grants to California Housing Partner Corporation totaling $85,024 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 California Housing Partner 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 California Housing Partner Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in California

Questions people ask

How much of California Housing Partner Corporation's spending goes to programs?

In calendar year 2024, California Housing Partner Corporation reported that 89.0% of its $9.6 million in expenses went to program services, 9.9% to management and general and 1.1% to fundraising (Form 990, Part IX).

How much does California Housing Partner Corporation pay its top executive?

The largest total compensation California Housing Partner Corporation reported for one person in calendar year 2024 was $341,784, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does California Housing Partner Corporation get its money?

Of $10.8 million in revenue in calendar year 2024, 22.9% came from contributions and grants and 75.8% from program service revenue (Form 990, Part VIII).

Is California Housing Partner Corporation a registered charity?

The IRS lists EIN 68-0183692 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202533159349306618 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403179349307960 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202302719349302120 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202221759349300137 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112809349301341 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202012819349300626 · read the filing

All filings for EIN 68-0183692: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.