Housing Trust Silicon Valley
Housing Trust Silicon Valley reported $56.3 million in revenue and $13.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $71.27 went to program services, $23.21 to management and general costs and $5.52 to fundraising. Its largest source of revenue was contributions and grants: 75.9% of the total. The highest compensation it reported for one person was $465,419 (CHIEF EXECUTIVE OFFICER). 23 people received more than $100,000 in reportable compensation. Revenue rose 130% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14MFor 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
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $56MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 71.3% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.2% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 75.9% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.4% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 16.7% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $465,419 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.41% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 23 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 161.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 17 of 17 | 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
FY2025 · Form 990, Part III · the three largest programs by expenseThe competitive real estate market in the greater bay area creates a challenging environment for affordable housing development. Since 2000, Housing Trust has made loans to 208 affordable housing projects, totaling over $620 million in funding and resulting in 18,945 affordable rental homes. Our borrowers are typically community-based, non-profit and mission aligned for-profit affordable housing developers whose collective mission is to increase and preserve the affordable housing stock in the communities they serve, and by so doing, revitalize such communities. We lend in the greater bay…
Six-figure down payments can put the dream of homeownership out of reach. Housing Trust offers first time homebuyers the education and counseling and deferred interest loans. Housing Trust's homebuyer team offers one-on-one sessions that cover topics including saving for a down payment and reserves, how to select and work with realtors and mortgage loan officers and what to expect upon closing on a new home. Housing Trust's financial products reduce the burden of 20% down payment requirements and bridge the gap between what low- to middle-income buyers can afford to borrow and the equity…
Policy and education: Housing Trust engages in policy and education efforts to strengthen the affordable housing market in our region. This includes supporting local and state initiatives that promote affordable housing development and advocating for policies that address housing affordability
Highest reported compensation
FY2025 · 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 |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 40.00 hrs/week | $444,324 | $0 | $21,095 | $465,419 |
| CFO & HEAD OF P'SHIPS & STRATEGY Officer, 40.00 hrs/week | $333,938 | $0 | $36,108 | $370,046 |
| CHIEF PROGRAM & IMPACT OFFICER Officer, 40.00 hrs/week | $242,026 | $0 | $31,325 | $273,351 |
| CHIEF DEV. & COM. OFF. (UNTIL 10/24) Officer, 40.00 hrs/week | $194,267 | $0 | $36,122 | $230,389 |
| HUMAN RESOURCES DIRECTOR Highest compensated employee, 40.00 hrs/week | $200,888 | $0 | $21,285 | $222,173 |
| FORMER CHIEF LENDING OFFICER Former, 40.00 hrs/week | $201,693 | $0 | $19,405 | $221,098 |
| MULTIFAMILY LENDING MANAGER Highest compensated employee, 40.00 hrs/week | $189,917 | $0 | $16,739 | $206,656 |
| CONTROLLER Highest compensated employee, 40.00 hrs/week | $156,285 | $0 | $39,054 | $195,339 |
23 people received more than $100,000 in reportable compensation from Housing Trust Silicon Valley (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (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
FY2025 · 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–1b17 · 17 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 542
- Volunteers Part I, line 621
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| RSM US LLP Tax and audit fees | $174,473 |
| NEEBA LLC Professional fees | $158,750 |
| RUTAN & TUCKER LLP Legal fees | $105,942 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
5 private foundations reported grants to Housing Trust Silicon Valley totaling $350K 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 Housing Trust Silicon Valley's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Housing Trust Silicon Valley, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Housing Trust Silicon Valley spent in FY2025, $71.27 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Emerald Development & Economic NetworkCleveland, OH · revenue $56M · programs 91.7% · 2024
- Housing Assistance CorporationHyannis, MA · revenue $57M · programs 89.6% · FY2025
- Champlain Housing TrustBurlington, VT · revenue $56M · programs 86.5% · FY2025
- Chn Housing PartnersCleveland, OH · revenue $57M · programs 89.4% · 2024
- Chiara Housing and ServicesWaukesha, WI · revenue $56M · programs 87.5% · 2025
All housing & shelter charities · Largest charities in California
Questions people ask
How much of Housing Trust Silicon Valley's spending goes to programs?
In the fiscal year ending June 30, 2025, Housing Trust Silicon Valley reported that 71.3% of its $13.6 million in expenses went to program services, 23.2% to management and general and 5.5% to fundraising (Form 990, Part IX).
How much does Housing Trust Silicon Valley pay its top executive?
The largest total compensation Housing Trust Silicon Valley reported for one person in the fiscal year ending June 30, 2025 was $465,419, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Housing Trust Silicon Valley get its money?
Of $56.3 million in revenue in the fiscal year ending June 30, 2025, 75.9% came from contributions and grants (including 2.4% from government grants) and 16.7% from program service revenue (Form 990, Part VIII).
Is Housing Trust Silicon Valley a registered charity?
The IRS lists EIN 77-0545135 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
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202610739349300431 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510669349300206 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441069349301129 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331229349302363 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201199349302115 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101069349301300 · read the filing
All filings for EIN 77-0545135: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.