2025-11-19T11:40:14-06:00 2024-12-31 582487348 Aprio Advisory Group LLC 2185 N California Blvd Suite 350 Walnut Creek CA 94596 990 2024-01-01 941753722 Mission Housing Development Corporation MISS 4158646432 474 Valencia Street Suite 280 San Francisco CA 94103 Sam Moss Executive Director 4158646432 2025-11-17 1 1 Stacy Cullen P00974308 9252102180 2025-11-17 2024 2025-03-06 01:10:19Z Irving Gonzales 474 Valencia Street Suite 280 San Francisco CA 94103 29880604 0 X www.missionhousing.org X 1971 CA To provide affordable housing to low-income families, the handicapped and elderly. 6 6 46 6 12856 0 17477763 16105359 10589787 10579531 1567837 1714865 580673 685311 30216060 29085066 42500 43315 0 0 4232893 5100585 0 0 205161 26958600 27206365 31233993 32350265 -1017933 -3265199 66081613 74652824 13850585 25686995 52231028 48965829 X To provide affordable housing to low-income families, the handicapped and elderly. 0 0 30141458 43315 12594894 The corporation worked toward developing housing for low-income families, handicapped and elderly in San Francisco, California. The corporation operated approximately 154 units of low-income housing in San Francisco, California. The corporation provided community service programs to residents of low-income housing in San Francisco, California. The corporation serves as a general partner in three limited partnerships and the limited partner in six limited partnerships which provide low-income housing in San Francisco, CA. The corporation also serves as the sole owner of six limited liability companies, the managing member of one limited liability company, and the majority owner of two corporations which all serve as the general or limited partners in thirteen limited partnerships that provide low-income housing in San Francisco, CA. Lastly, the corporation is the sole owner of a corporation which provides management services for low-income housing in San Francisco, CA. 30141458 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 6 0 1 46 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 CA X The Organization 4158646432 474 Valencia Street Suite 280 San Francisco CA 94103 Irving Gonzales Chairman 1.00 1.00 X X 0 0 0 Musetta So Vice Chairman 1.00 1.00 X X 0 0 0 Julia Kosheleva-Coats Treasurer 1.00 1.00 X X 0 0 0 Fernando Gomez-Benitez Secretary 1.00 1.00 X X 0 0 0 Jon Layman Director 1.00 1.00 X 0 0 0 Mara Rosales Director 1.00 1.00 X 0 0 0 Sam Moss Exec Director 40.00 1.00 X 316439 0 9747 Marcia Contreras Deputy Exec Director 40.00 X 306050 0 20770 Marizza Bautista-Ong Controller 1.00 X 200363 0 35734 Kevin Kitchingham Dir-HSG Dev/Const 1.00 X 215114 0 3748 Nicole Reams Dir - Asset Mgmt 1.00 X 185846 0 7474 1223812 0 77473 5 0 1 0 Mercedes Gavin 145 Corte Madera Town Center 593 Corte Madera CA 94925 Attorney 233065 Patton Sullivan Brodehl LLP 12647 Acosta Blvd Ste 430 San Ramon CA 94583 Attorney 140677 Valiant Medical Transportation Services 15600 Washington Ave Ste F San Lorenzo CA 94580 Transportation Services 106000 Falcon Development 555 Joost Ave San Francisco CA 94127 Consultant 103500 Provision Partners 325 N Wells St Ste 100 Chicago IL 60654 Tech Support 102508 5 197465 225401 15599409 83084 16105359 Partnership Share Gross Rent 531110 6537465 6537465 Development & Mgmt Fees 531110 2974991 2974991 Residential Rental Income 531110 1003200 1003200 Miscellaneous Income 531110 63875 63875 10579531 1714865 1270765 444100 680951 622714 58237 58237 12856 45381 55300 197465 172824 -117524 -117524 Subsid Inc-Equity Basis 541990 744598 744598 744598 29085066 12594894 12856 371957 43315 43315 326186 251464 74722 3956541 2891288 897627 167626 36076 35889 187 454039 366166 71300 16573 327743 268942 49117 9684 139182 139182 582267 221696 360571 58350 35300 23050 309410 294028 15342 40 42098 32985 8607 506 392905 363741 22452 6712 95682 89062 6396 224 1625721 1624604 1117 24937 20765 3718 454 72677 59926 11182 1569 205723 205723 717415 524983 192432 370698 288792 81906 Allocable Share Partner 17300095 17300095 Program Activities 5120674 5074263 44638 1773 Development and Repair 379411 379411 Bad Debts 364173 364173 -595053 -595153 100 32350265 30141458 2003646 205161 9470152 4291648 6043682 3991088 225760 180449 2566656 2618910 49091304 50187407 200708 344074 33694611 11965856 15870703 21728755 2641000 3251000 -32467731 -32223751 12439379 20283244 66081613 74652824 3452229 6615600 10105929 18763544 292427 307851 13850585 25686995 X 52231028 48965829 52231028 48965829 66081613 74652824 -3265199 0 X X 0 1 X 1 1 1 X 11301268 10023998 11978607 17477763 16105359 66886995 11301268 10023998 11978607 17477763 16105359 66886995 9850780 57036215 302058 239111 395265 932582 444100 2313116 69200111 55435840 0.82420 0.77100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9340010 9340010 20852660 9994742 10857918 44420 5553 38867 32903 32903 0 3424618 1932658 1491960 21728755 Right of Use Asset - Ground Lease 4197110 Partnership and Incentive Mgt Fees Rec 1692047 Development in Progress 9571595 Developer Fee Receivable 4822492 20283244 Right of Use Liability - Ground Lease 146251 Tenant Security Deposits 161600 307851 X Part X, Line 2: MHDC and other not-for-profit corporations are exempt from Federal income taxation under Internal Revenue Code Section 501(c)(3) and from California franchise taxation under the Revenue and Taxation Code Section 23701(d). The income or loss from the partnerships is reported by the partners on their income tax returns. The consolidated financial statements also include certain corporations that are not tax-exempt. No income tax provision has been included in the consolidated financial statements for the single member limited liability companies which are generally considered disregarded entities. The income or loss of the LLCs is included in the tax returns of their respective sole members. Only the annual California limited liability company minimum tax and the annual fee appear as expense in the consolidated financial statements. MHDC and affiliates believe that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. The federal and state income tax and information returns for the years ending December 31, 2023, 2022, 2021 and 2020 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for the federal and state returns, respectively. X X X 53rd Gala 231660 183060 48600 40000 25929 16150 38193 MC Quinceanera 21105 14405 6700 6549 10930 3150 31923 252765 197465 55300 46549 36859 19300 70116 172824 -117524 1 Non-Profit Housing Assoc of Northern California 369 Pine Street 350 San Francisco CA 94104 942741597 501c3 10500 0 General Support 1 0 Part I, Line 2: For grants to San Francisco Housing Action Coalition - the executive director of mission housing development corporation also serves on the board of directors of the donee organization. Therefore, there is direct oversight of the grant funds contributed to that entity. X X 0 0 0 0 0 0 0 1 0 Marcia Contreras Deputy Exec Director 280800 0 25250 0 0 0 5629 0 15141 0 326820 0 0 0 Sam Moss Exec Director 316439 0 0 0 0 0 0 0 9747 0 326186 0 0 0 Marizza Bautista-Ong Controller 190113 0 10250 0 0 0 4101 0 31633 0 236097 0 0 0 Kevin Kitchingham Dir-HSG Dev/Const 209864 0 5250 0 0 0 1898 0 1850 0 218862 0 0 0 Nicole Reams Dir - Asset Mgmt 180596 0 5250 0 0 0 3751 0 3723 0 193320 0 0 0 Part I, Line 7 THE EXECUTIVE DIRECTOR DETERMINES ANNUAL BONUS COMPENSATION FOR ALL MISSION HOUSING DEVELOPMENT CORPORATION EMPLOYEES ON AN INDIVIDUAL BASIS. THE BONUSES ARE THEN SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS IN A CLOSED SESSION. THE EXECUTIVE DIRECTOR'S BONUS COMPENSATION IS DETERMINED IN CONJUNCTION WITH AN ANNUAL PERFORMACE EVALUATION CONDUCTED BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section B, line 11b The form 990 is reviewed by the board and signed by the executive director. Form 990, Part VI, Section B, line 15 Compensation is determined by the board executive committee which is also acting as personnel committee to vote on salary based on the salary standardization survey from the bay area local initiatives support coalition. Compensation is determined by the board executive committee, which is also acting as personnel committee to vote on the executive director's salary based on the salary standardization survey from the bay area local initiatives support coalition. Form 990, Part VI, Section C, line 19 Available upon request. Form 990, Part XII, Line 2c: The process has not changed from prior year. Sol De La Plaza LLC 474 Valencia Street Ste 280 San Francisco CA 94103 275496024 Lmtd Ptnr: 480 Valencia Assoc 94-3147605, See Part III CA Mission Housing Development Corporation MHDC CA MGP LLC 474 Valencia Street Ste 280 San Francisco CA 94103 273622297 Gnrl Ptnr: 6 Partnerships, See Part III CA Mission Housing Development Corporation Good Samaritan LLC 474 Valencia Street Ste 280 San Francisco CA 94103 384109185 Lmtd Ptnr: Good Sam Assoc 94-3210043, See Part III CA Mission Housing Development Corporation MHDC LP LLC 474 Valencia Street Suite 280 San Francisco CA 94103 941753722 Gnrl Ptnr: 3 Partnerships, See Part III CA Mission Housing Development Corporation MHDC New Map LLC 474 Valencia Street Suite 280 San Francisco CA 94103 941753722 Lmtd Ptnr: MHDC New Map, LP 87-2631794, See Part III CA Mission Housing Development Corporation 250 Laguna Honda LLC 474 Valencia Street Suite 280 San Francisco CA 94103 990742806 Genrl Ptnr: 250 Laguna Honda 93-4658773, See Part III CA Mission Housing Development Corporation 480 Valencia Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943147614 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Altamont Hotel Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943213786 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Apollo Housing Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943255304 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Colosimo Apartments Inc 474 Valencia Street Ste 280 San Francisco CA 94103 942711709 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Del Carlo Court Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943142529 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Maria Alicia Inc 474 Valencia Street Ste 280 San Francisco CA 94103 942935748 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Mission Housing Dev Property Iii Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943082775 Low-Income Housing CA 501(C)(3) Line 7 Organization Mission Housing Development Corporation 1 Mission Housing Dev Property Iv Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943195053 Low-Income Housing CA 501(C)(3) Line 7 Organization Mission Housing Development Corporation 1 Potrero Avenue Housing Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943210531 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 1010 South Van Ness Inc 474 Valencia Street Ste 280 San Francisco CA 94103 943242296 Low-Income Housing CA 501(C)(3) 12A Mission Housing Development Corporation 1 Mission Housing Management Corporation 474 Valencia Street Ste 280 San Francisco CA 94103 842722446 Commercial PPTY MGMT CA 501(C)(3) 12B Mission Housing Development Corporation 1 Sunset Housing Development Corporation 474 Valencia Street Ste 280 San Francisco CA 94103 854073256 Low-Income Housing CA 501(C)(3) 12B Mission Housing Development Corporation 1 Maria Alicia Associates 474 Valencia Street Ste 280 San Francisco CA 94103 943070054 Low-Income Housing CA MHDC Related 1 0 1.00000 Del Carlo Associates 474 Valencia Street Ste 280 San Francisco CA 94103 943142530 Low-Income Housing CA MHDC Related 1 0 0.99000 4445 Third Street Associates 474 Valencia Street Ste 280 San Francisco CA 94103 943391705 Low-Income Housing CA MHDC Related 0 1 0.50000 Valencia Gardens Housing LP 474 Valencia Street Ste 280 San Francisco CA 94103 364545477 Low-Income Housing CA MHDC Related 0 1 1.00000 480 Valencia Associates 474 Valencia Street Ste 280 San Francisco CA 94103 943147605 Low-Income Housing CA 27-5496024 Related 0 0 0.99000 YBC Development II LP 88 Perry Street Ste 800 San Francisco CA 94107 943220357 Low-Income Housing CA 27-3622297 Related 0 1 0.00050 Cinnabar Commons II LP 88 Perry Street Ste 800 San Francisco CA 94107 205115511 Low-Income Housing CA 27-3622297 Related 0 1 0.00010 Bastian Court LP 474 Valencia Street Ste 280 San Francisco CA 94103 Low-Income Housing CA MHDC Related 0 1 0.01000 HPD Riverview Terrace LP 701 S Myrtle Avenue Monrovia CA 91016 800840561 Low-Income Housing CA 27-3622297 Related 0 1 MHDC Ca MGP III LLC 474 Valencia Street Ste 280 San Francisco CA 94103 463656865 Low-Income Housing CA MHDC Related 0 1 0.79000 Cinnabar Commons LP 88 Perry Street Ste 800 San Francisco CA 94107 550804933 Low-Income Housing CA 27-3622297 Related 0 1 0.00010 Good Samaritan Associates 474 Valencia Street Ste 280 San Francisco CA 94103 943210043 Low-Income Housing CA 38-4109185 Related 1 0 0.99000 MHDC Mariposa Gardens Associates LP 474 Valencia Street Ste 280 San Francisco CA 94103 861980776 Low-Income Housing CA MHDC Related 0 0 0.99490 1010 SVN Associates 474 Valencia Street Ste 280 San Francisco CA 94103 943226626 Low-Income Housing CA MHDC LP LLC Related 0 0 0.99900 Altamont Hotel Associates LP 474 Valencia Street Ste 280 San Francisco CA 94103 943213787 Low-Income Housing CA MHDC LP LLC Related 0 0 0.99990 Apollo Development Associates LP 474 Valencia Street Ste 280 San Francisco CA 94103 943255145 Low-Income Housing CA MHDC LP LLC Related 1 0 0.99900 MHDC New Map LP 474 Valencia Street Ste 280 San Francisco CA 94103 872631794 Low-Income Housing CA MHDC NEW MAP LLC Related 0 1 250 Laguna Honda LP 474 Valencia Street Ste 280 San Francisco CA 94103 934658773 Low-Income Housing CA 99-0742806 Related 0 1 1.00000 Caritas Management Corporation 1358 Valencia Street San Francisco CA 94110 942921688 PROP MGMT CA Mission Housing Development Corporation C 1.00000 0 1045 CAPP Street Housing LLC 474 Valencia Street Ste 280 San Francisco CA 94103 834174902 Low-Income Housing CA Mission Housing Development Corporation C 0.79000 0 MHDC South Park LLC 474 Valencia Street Ste 280 San Francisco CA 94103 850534343 Low-Income Housing CA Mission Housing Development Corporation C 0.79000 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 Valencia Gardens Housing LP L 321686 Actual Amount Maria Alicia Associates A 46429 Actual Amount Valencia Associates L 65929 Actual Amount MHDC Mariposa Gardens Associates LP L 327675 Actual Amount 1010 SVN Associates L 48887 Actual Amount Altamont Hotel Associates LP L 76347 Actual Amount Apollo Development Associates LP L 47018 Actual Amount 1979 Mission Street PSH LP L 82500 Actual Amount