2024-11-14T14:59:20-06:00 2023-12-31 814234542 BPM LLP 10 ALMADEN BOULEVARD SUITE 1000 SAN JOSE CA 951132238 990 2023-01-01 454849844 SAN FRANCISCO MARKET CORPORATION SANF 4155504495 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 MICHAEL JANIS GENERAL MANAGER 4155504495 2024-11-08 1 0 TAMARA L MCINERNEY P00011797 4089616300 2024-11-08 2023 2024-10-15 13:58:12Z MICHAEL JANIS 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 14712230 0 X WWW.THESFMARKET.ORG X 2012 CA SEE SCHEDULE O 13 11 11 48 0 0 586000 7018829 5758367 6372372 95271 884577 435778 424766 6875416 14700544 261003 196112 0 0 914814 850725 0 0 490255 2866454 2231669 4042271 3278506 2833145 11422038 49737336 59808801 4117723 2767150 45619613 57041651 OUR MISSION IS TO CONNECT AND GROW THE REGION'S FOOD AGRICULTURE COMMUNITY FROM OUR WHOLESALE MARKET IN THE HEART OF SAN FRANCISCO. OUR VISION IS FOR ALL COMMUNITIES IN THE SAN FRANCISCO BAY AREA TO HAVE RELIABLE ACCESS TO ABUNDANT FRESH PRODUCE. 0 0 1922717 196112 6796738 PLEASE SEE THE SCHEDULE O DISCUSSION, RELATIVE TO FORM 990, PAGE 1, PART I, LINE 1 1922717 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MICHAEL JANIS 4155504495 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 VIRGINIA HINES PRESIDENT 1.00 X X 0 0 0 TIM THOMSON TREASURER 1.00 X X 0 0 0 ASHLEIGH HARRIS SECRETARY 1.00 X X 0 0 0 JOSHUA CALLAHAN DIRECTOR 1.00 X 0 0 0 JULIE YIM DIRECTOR (TO 7/23) 1.00 X 0 0 0 KEVIN COOK DIRECTOR 1.00 X 0 0 0 DAVID LEA DIRECTOR 1.00 X 0 0 0 VINCENT KORTA DIRECTOR 1.00 X 0 0 0 JACK PIZZA MERCHANT, VICE PRESIDENT 1.00 X 0 0 0 LESLIE KRASNY DIRECTOR 1.00 X 0 0 0 KEVIN BARNETT DIRECTOR 1.00 X 0 0 0 LARRY BALESTRA MERCHANT 1.00 X 0 0 0 NANCY ANDREWS DIRECTOR 1.00 X 0 0 0 ROCHELLE ROSS DIRECTOR (FROM 7/2023) 1.00 X 0 0 0 MICHAEL JANIS GENERAL MANAGER 40.00 X 226005 0 34118 AMY BRANNER DIRECTOR, FUND DEVELOPMENT 40.00 X 163909 0 23964 ELIZABETH YU CONTROLLER 40.00 X 113164 0 23949 503078 0 82031 3 0 1 0 AMERICAN ASPHALT REPAIR & RESURFACING IN P O BOX 3367 HAYWARD CA 94540 COP PAVING PROJECT 1457775 JACKSON LILES ARCHITECTURE 2325 3RD ST 2016 SAN FRANCISCO CA 94107 ARCHITECTURE & DESIGN SERVICES 820497 ADMIRAL SECURITY SERVICES INC 2151 SALVIO ST STE 260 CONCORD CA 94520 SECURITY SERVICES 514196 KEYSTONE CM PARTNERS INC 2365 HAGEN OAKS DR ALAMO CA 94507 PROJECT MANAGEMENT 187005 TRISTAN MICHELE MARKETING 3201 WOODSTOCK ROAD LOS ALAMITOS CA 90720 MARKETING CONSULTANT 146316 9 6998829 20000 7018829 RENTAL INCOME 531120 6372372 6372372 6372372 886372 886372 9891 11686 -1795 -1795 -1795 DOCK LOADING FEE 480000 311390 311390 MISCELLANEOUS INCOME 900099 105953 105553 400 PARKING 485000 12240 12240 -4817 -4817 424766 14700544 6796738 0 884977 X 196112 196112 260123 101636 73610 84877 452549 178614 101201 172734 138053 57233 37116 43704 41416 21288 20128 226781 226781 87000 87000 458367 138591 244859 74917 16172 8086 8086 18093 7237 4523 6333 25935 10374 6484 9077 57556 57556 31282 31282 839490 813535 25955 LANDLORD EXPENSES 286992 286992 OTHER EXPENSES 88442 21522 63393 3527 BAD DEBT 21805 21805 BANK FEES 18100 18100 14238 2136 12102 3278506 1922717 865534 490255 688614 2094600 19657611 25320184 607277 377213 186775 66210 70173 38198613 8050906 27846336 30147707 1101352 1382085 49737336 59808801 1075876 986235 1200000 1841847 1780915 4117723 2767150 X 45619613 51540615 5501036 45619613 57041651 49737336 59808801 11422038 0 X 0 1 X 1 0 X 186575 1794409 1828781 586000 7018829 11414594 3366000 3366000 3366000 3366000 3366000 16830000 3552575 5160409 5194781 3952000 10384829 28244594 2729627 25514967 177822 112418 716 96721 886372 1274049 29518643 30175356 0.86440 0.83600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87000 87000 3191506 3278506 313925 78481 0 0 449073 412760 352114 313925 1527872 2291808 61750 76250 87000 87000 312000 112268 103190 88029 78481 381968 572952 33299216 7903589 25395627 208412 17569 190843 4690985 129748 4561237 30147707 TENANTS' SECURITY DEPOSITS 1139670 OPERATING LEASE LIABILITY 641245 1780915 14700544 0 14700544 0 14700544 3278506 0 3278506 0 3278506 1 BAYVIEW SENIOR SERVICES 1753 CARROLL AVENUE SAN FRANCISCO CA 94124 942186268 501(C)(3) 0 16707 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 HUNTERS POINT RESIDENT COUNCIL TENANT ASSOCIATION (HUNTER'S POINT RCTA) 1065 OAKDALE AVE SAN FRANCISCO CA 94124 812611397 501(C)(3) 0 15327 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 FLORENCE FANG COMMUNITY FARM 40 DIANA STREET SAN FRANCISCO CA 94124 201719535 501(C)(3) 0 25489 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 FOOD AS MEDICINE COLLABORATIVE 13300 CROSSROADS PARKWAY NORTH 450 CITY OF INDUSTRY CA 91746 952557063 501(C)(3) 0 87118 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 HOMELESS PRENATAL PROGRAM INC 2500 18TH STREET SAN FRANCISCO CA 94110 943146280 501(C)(3) 0 26444 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 MOTHER BROWNS 2111 JENNINGS ST SAN FRANCISCO CA 94124 942936270 501(C)(3) 0 10027 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 BAYVIEW HUNTERS POINT COMMUNITY ADVOCATES EMPOWERMENT MARKET 2095 JERROLD AVENUE 100 SAN FRANCISCO CA 94124 943221152 501(C)(3) 0 15000 FMV PRODUCE TO PROVIDE FOOD SUPPORT TO THE RESIDENTS & COMMUNITY OF SAN FRANCISCO DUE TO COVID 19 7 0 X 0 0 0 0 0 0 0 0 0 MICHAEL JANIS GENERAL MANAGER 226005 0 0 0 0 0 18080 0 16038 0 260123 0 0 0 AMY BRANNER DIRECTOR, FUND DEVELOPMENT 163909 0 0 0 0 0 11857 0 12107 0 187873 0 0 0 PART I, LINE 3 EXECUTIVE COMPENSATION WAS APPROVED BY THE BOARD AS A PART OF THE OVERALL ORGANIZATIONAL BUDGET. JACK PIZZA DIRECTOR 232156 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 LARRY BALESTRA DIRECTOR 180533 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 RIC TOMABARI FORMER DIRECTOR 445460 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE FORMER DIRECTOR 0 RAY MAH FORMER DIRECTOR 180533 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE FORMER DIRECTOR 0 STANLEY CORREIA FORMER DIRECTOR 135400 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE FORMER DIRECTOR 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: OUR MISSION IS TO CONNECT AND GROW THE REGION'S FOOD AGRICULTURE COMMUNITY FROM OUR WHOLESALE MARKET IN THE HEART OF SAN FRANCISCO. OUR VISION IS FOR ALL COMMUNITIES IN THE SAN FRANCISCO BAY AREA TO HAVE RELIABLE ACCESS TO ABUNDANT FRESH PRODUCE. THE SF MARKET IS THE CITY'S ORIGINAL AND ONLY WHOLESALE PRODUCE MARKET AND THE SOUL OF ITS VIBRANT FOOD HERITAGE. FOR NEARLY 100 YEARS, THE SF MARKET HAS PROVIDED CRITICAL FOOD INFRASTRUCTURE TO A DIVERSE COMMUNITY OF MERCHANTS WHO CARRY THE WIDEST SELECTION OF FRUITS AND VEGETABLES, HELPING NORTHERN CALIFORNIA FOOD BUSINESSES TO MEET THEIR CUSTOMERS' UNIQUE PRODUCE NEEDS. LOCATED IN SAN FRANCISCO'S BAYVIEW NEIGHBORHOOD, THE 25 ACRE CAMPUS LIES AT THE HEART OF A DISTINCTIVE URBAN/AGRICULTURAL RADIUS: NEARLY A QUARTER OF THE COUNTRY'S FRESH PRODUCE IS GROWN JUST 90 MINUTES AWAY IN CALIFORNIA'S CENTRAL VALLEY, WHILE A RANGE OF FAMILY FARMS OPERATE IN ALL NINE BAY AREA COUNTIES. THIS DYNAMIC NETWORK FUELS 23 INDIVIDUAL MERCHANTS WHO OFFER A FULL SPECTRUM OF THE HIGH-QUALITY PRODUCE, FROM STANDARD TO HYPER-SPECIALIZED, UNIQUE FRUITS AND VEGETABLES TO SERVE A RANGE OF CULTURAL AND CULINARY PREFERENCES. BEYOND MEETING THE PRODUCE NEEDS OF SAN FRANCISCO'S GROCERY STORES, RESTAURANTS, CORNER STORES AND OTHER FOOD BUSINESSES, THE SF MARKET CREATES POSITIVE SOCIAL AND ENVIRONMENTAL IMPACT ACROSS THE BAY AREA THROUGH ITS AWARD-WINNING FOOD RECOVERY PROGRAM. WORKING CLOSELY WITH ITS MERCHANTS, THE SF MARKET DONATES MORE THAN 1 MILLION POUNDS OF PRODUCE EACH YEAR TO COMMUNITY ORGANIZATIONS ADDRESSING LOCAL FOOD SECURITY ISSUES. THE SF MARKET HAS EXPANDED ITS FOOD SECURITY EFFORTS DURING THE COVID-19 PANDEMIC AND LEVERAGED MORE THAN $3 MILLION IN PHILANTHROPIC FUNDING TO CONNECT FRONTLINE COMMUNITY ORGANIZATIONS TO A RELIABLE SOURCE OF NUTRITIOUS FRESH PRODUCE. THE MARKET ALSO SUPPORTS MORE THAN 500 ACCESSIBLE AND QUALITY JOBS IN THE PRODUCTION, DISTRIBUTION, AND REPAIR (PDR) INDUSTRY, AND CONTRIBUTES TO A RANGE OF CIVIC EFFORTS PROMOTING THE WELL-BEING OF THE CITY'S RESIDENTS AND COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 3 METIS PARTNER SOLUTIONS LLC SERVED AS THE OUTSOURCED CHIEF FINANCIAL OFFICER. FOR THESE SERVICES, METIS PARTNER SOLUTIONS LLC WAS PAID $110,864. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ORGANIZATION'S CONTROLLER. A DRAFT OF FORM 990 IS REVIEWED BY THE CONTROLLER, AND ANY CORRECTIONS OR MODIFICATIONS ARE MADE BY THE OUTSIDE CPA. THE REVISED DRAFT IS THEN REVIEWED BY THE CONTROLLER AND THE GENERAL MANAGER. ANY CONCERNS RAISED BY THE GENERAL MANAGER ARE RAISED WITH THE CPA FIRM AND A CONSENSUS IS ACHIEVED. THE AUDIT COMMITTEE IS THEN PROVIDED A COPY, FOR THEIR REVIEW, AND THE BOARD MEMBERS ARE SENT A COPY OF THE TAX RETURN, PRIOR TO FILING, FOR THEIR REVIEW AS WELL. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE POLICY IS SENT TO ALL BOARD MEMBERS ALONG WITH A FORM TO SAN FRANCISCO MARKET CORPORATION 45-4849844 DISCLOSE ANY CONFLICTS OF INTEREST ABOUT WHICH THEY MAY KNOW. THE FORMS ARE THEN REVIEWED BY MICHAEL JANIS, GENERAL MANAGER, AND THE BOARD & GM ADMINISTRATIVE ASSISTANT. ANY ISSUES THAT ARE NOTED ARE FURTHER VETTED AND RAISED TO THE BOARD OR GOVERNANCE SUB-COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A IN JULY 2023, SF MARKET'S EXTERNAL HR CONSULTANT, IGNITE HR, DIRECTLY PROVIDED THE BOARD PRESIDENT WITH COMPENSATION AND MERIT INFORMATION USED FOR THE GENERAL MANAGER'S 2022 COMPENSATION REVIEW. THE BOARD PRESIDENT THEN REVIEWED MATERIALS WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G FACILITY MAINTENANCE PLAN & MIS: PROGRAM SERVICE EXPENSES 66,005. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 66,005. HR/CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 119,620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 119,620. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 600. MANAGEMENT AND GENERAL EXPENSES 125,239. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,839. FUND DEVELOPMENT & GRANT WRITING: PROGRAM SERVICE EXPENSES 5,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 7,931. TOTAL EXPENSES 12,931. MARKETING AND COMMUNICATION: PROGRAM SERVICE EXPENSES 66,986. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 66,986. TOTAL EXPENSES 133,972.