Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1976.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
84 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
29 people listed on the 990; $2.5M paid to officers and key staff.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Luis Granados | $422,985 | $366,718 | $356,698 | $272,022 | $198,768 |
| Pamela Benoit | $240,397 | $72,571 | — | — | — |
| Jillian Spindle | $220,351 | $200,077 | $186,690 | $171,356 | $156,231 |
| Karoleen Feng | $205,860 | $185,018 | $185,516 | $174,479 | $160,849 |
| Berlina Ceguerra | $201,452 | $174,535 | $154,199 | $129,671 | — |
| Priscilla Chen-Ok | — | $164,256 | $195,425 | $175,164 | $150,009 |
| Richard Raya | $50,111 | $191,928 | $175,493 | $154,489 | $126,641 |
| Carlos Ramirez | $190,692 | $158,034 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Empowers low- and moderate-income Latino families in San Francisco by promoting economic equity, asset building, and cradle-to-career educational support programs.
Questions for Mission Economic Development Agency
Your first name shows with your question. Mission Economic Development Agency answers here, for everyone.
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Meda's community real estate (cre) program strategically acquires, develops, and stewards properties to create and preserve permanently affordable housing and community-serving commercial spaces.
Meda's asset building programs include workshops and individual coaching to help low-income and moderate-income clients achieve family economic success. Free programs include: financial capability, business development, housing opportunities, eviction prevention, free tax preparation, and workforce development.
Meda is the lead agency for the MPN program, a federal initiative to help families succeed and students achieve. Meda is collaborating with the san francisco unified school district and a host of vital community partners to ensure that every child in the mission district of san francisco is on tract to thrive, from cradle to college and…
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $26.7M | $21.7M |
| InvestmentsLn 11–13 | $3.3M | $3.3M |
| Land, buildings, equipmentLn 10c | $161.0M | $196.5M |
| Total assetsLn 16 | $210.5M | $238.7M |
| LiabilitiesLn 26 | $198.0M | $231.8M |
| Net assetsLn 32 | $12.5M | $6.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $3.5M | $3.5M | ||
| Grants to domestic individualsLn 2 | $323K | $323K | ||
| Pay of current officers, directors and key staffLn 5 | $1.8M | $1.3M | $382K | $88K |
| Other salaries and wagesLn 7 | $8.9M | $6.5M | $1.9M | $428K |
| Pension plan contributionsLn 8 | $189K | $144K | $33K | $11K |
| Other employee benefitsLn 9 | $1.2M | $1.0M | $153K | $59K |
| Payroll taxesLn 10 | $808K | $610K | $157K | $40K |
| Legal feesLn 11b | $146K | $146K | ||
| Accounting feesLn 11c | $688K | $297K | $391K | |
| Other fees for servicesLn 11g | $1.7M | $1.4M | $308K | $63K |
| Advertising and promotionLn 12 | $5K | $3K | $3K | $108 |
| Office expensesLn 13 | $184K | $148K | $32K | $5K |
| Information technologyLn 14 | $709K | $519K | $164K | $27K |
| OccupancyLn 16 | $1.5M | $1.3M | $99K | $28K |
| TravelLn 17 | $60K | $36K | $23K | $1K |
| Conferences, conventions and meetingsLn 19 | $189K | $114K | $73K | $2K |
| InterestLn 20 | $2.3M | $2.2M | $10K | |
| Depreciation, depletion and amortizationLn 22 | $2.4M | $2.3M | $36K | |
| InsuranceLn 23 | $497K | $408K | $83K | $7K |
| Other expenses (24a–d)Ln 24 | $2.8M | $2.7M | $32K | $9K |
| All other expensesLn 24e | $618K | $551K | $59K | $9K |
| Total functional expensesLn 25 | $30.4M | $25.7M | $3.9M | $778K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $25.0M | $30.4M | −$5.4M | $6.9M | 990 PDF |
| FY2023 | $26.5M | $31.7M | −$5.2M | $12.5M | 990 PDF |
| FY2022 | $26.9M | $23.9M | $3.0M | $16.7M | 990 PDF |
| FY2021 | $20.2M | $22.9M | −$2.7M | $12.3M | 990 PDF |
| FY2020 | $27.8M | $20.4M | $7.4M | $14.9M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $24,953,956 revenue, 12 lines filed
Part VI · Governance 15 of 15 board members independent, no flags
Part VIII · Statement of revenue $24,953,956 across 10 lines filed
Part IX · Statement of functional expenses $30,400,580 across 21 lines filed
Part X · Balance sheet $238,692,296 assets, 18 lines filed
Part XI · Reconciliation of net assets $6,878,436 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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