Driving the creation of affordable housing for a more vibrant and equitable silicon valley

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$507K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $54K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$507K
to officers and key staff · 38% of spending
Concern: pay to officers and key staff is 38% of spending; over 30%.
Pt VII · Sec A
19 mo
of spending, in cash
Looks good: 19.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$279K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.3M
Spent
$1.3M
To programs
72%
Net assets
$2.2M
By yearFY2020–FY2024
Revenue
$2.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.3M
FY2021$1.6M
FY2022$1.1M
FY2023$1.6M
FY2024$1.8M
Expenses
$1.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$1.3M
FY2021$1.5M
FY2022$1.6M
FY2023$1.7M
FY2024$2.0M
Net assets
$2.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$2.2M
FY2021$2.3M
FY2022$1.7M
FY2023$1.6M
FY2024$1.5M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2017.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $976K Management & general 16% · $213K Fundraising 12% · $158K

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

23 people listed on the 990; $507K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$195,451Pt VII · Sec A
Director of Strategic Initiatives
$108,347Pt VII · Sec A
Director of Operations
$103,241Pt VII · Sec A
Policy Manager
$100,214Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Regina Celestin Williams’s $208K as Executive Director is at the 88th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Regina Celestin Williams$207,794$199,349$199,250$31,923—
Leslye Corsiglia———$142,026$195,451
Josh Ishimatsu$152,933————
Matthew Reed$137,287————
Sonia Avitia———$127,246$103,241
Mathew Reed—$121,887$106,319$113,883$100,214
Antonia Gutierrez$115,963$109,175———
David Meyer———$113,250$108,347

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

Builds affordable homes to create a more vibrant and equitable Silicon Valley.

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Your first name shows with your question. Sv Home answers here, for everyone.

Provided by the organization

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1 program · $976K · in their own filed words · FY2020
01

Sv@home paves the way for local and regional solutions to santa clara county's housing crisis by working to streamline the housing development process, identify land opportunities, increase funding for new affordable homes, and change the conversation around housing and affordable housing.

$976Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$10K
Grants paid · 2 grants · $60K · 2021–2022
Palo Alto ForwardCA · FY2022$30,000
Palo Alto ForwardCA · FY2021$29,922

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$2.3M
Ln 12
Gifts and grantsLn 1h$2.2M
Other incomeLn 4–11$100K
Investment incomeLn 3$2K
Money outPt IX
$1.3M
Ln 25
Programscol B$976K
Managementcol C$213K
Fundraisingcol D$158K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$2.5M
LiabilitiesLn 26$279K
PeoplePt VI, VII
23
listed · VII A
PaidVII A4
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.2M
Government grantsLn 1e$29K
Noncash giftsLn 1g$2K
Fundraising eventsLn 1c$179K
Investment incomeLn 3$2K
Other incomeLn 4–11$100K
Total revenueLn 12$2.3M
Assets in detailPt X, end of year
CashLn 1$253K
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$2.2M
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$2.5M
LiabilitiesLn 26$279K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 514
VolunteersI 618
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$932K$2.2M
Land, buildings, equipmentLn 10c$5K$4K
Total assetsLn 16$1.3M$2.5M
LiabilitiesLn 26$136K$279K
Net assetsLn 32$1.2M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$204K$112K$41K$51K
Other salaries and wagesLn 7$712K$569K$81K$62K
Pension plan contributionsLn 8$13K$10K$1K$1K
Other employee benefitsLn 9$68K$52K$9K$8K
Payroll taxesLn 10$69K$51K$9K$8K
Management feesLn 11a$449$449
Accounting feesLn 11c$47K$47K
Other fees for servicesLn 11g$99K$81K$7K$11K
Advertising and promotionLn 12$28K$26K$2K$364
Office expensesLn 13$15K$10K$4K$2K
Information technologyLn 14$21K$16K$3K$3K
OccupancyLn 16$41K$30K$5K$5K
TravelLn 17$1K$907$160$148
Conferences, conventions and meetingsLn 19$190$142$25$23
Depreciation, depletion and amortizationLn 22$3K$2K$381$353
InsuranceLn 23$7K$5K$951$883
Other expenses (24a–d)Ln 24$18K$9K$3K$6K
All other expensesLn 24e$1K$1K
Total functional expensesLn 25$1.3M$976K$213K$158K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.8M$2.0M−$186K$1.5M 990 PDF
FY2023 $1.6M$1.7M−$120K$1.6M 990 PDF
FY2022 $1.1M$1.6M−$531K$1.7M 990 PDF
FY2021 $1.6M$1.5M$108K$2.3M 990 PDF
FY2020 Viewing $2.3M$1.3M$997K$2.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,344,567 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $923,927$2,242,501
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,419$2,264
I-11 Other revenuePrior year $97,416$99,802
I-12 Total revenuePrior year $1,022,762$2,344,567
I-13 Grants and similar amounts paidPrior year $2,700$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $1,195,878$1,065,108
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $351,591$282,111
I-18 Total expensesPrior year $1,550,169$1,347,219
I-19 Revenue less expensesPrior year −$527,407$997,348
Part VI · Governance 19 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,344,567 across 10 lines filed
VIII-1b Membership dues$418,700
VIII-1c Fundraising events$179,462
VIII-1e Government grants$28,800
VIII-1f All other contributions, gifts and grants$1,615,539
VIII-1g Noncash contributions (included above)$1,525
VIII-1h Total contributions, gifts and grants$2,242,501
VIII-3 Investment incomeExcluded from tax $2,264$2,264
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $99,802$99,802
VIII-12 Total revenueRelated to mission $99,802 · Unrelated business $0 · Excluded from tax $2,264$2,344,567
Part IX · Statement of functional expenses $1,347,219 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $111,957 · Management $40,712 · Fundraising $50,890$203,559
IX-7 Other salaries and wagesPrograms $569,146 · Management $80,620 · Fundraising $62,322$712,088
IX-8 Pension plan contributionsPrograms $9,807 · Management $1,493 · Fundraising $1,236$12,536
IX-9 Other employee benefitsPrograms $52,011 · Management $8,611 · Fundraising $7,627$68,249
IX-10 Payroll taxesPrograms $51,203 · Management $9,059 · Fundraising $8,414$68,676
IX-11a Management feesManagement $449$449
IX-11c Accounting feesManagement $47,086$47,086
IX-11g Other fees for servicesPrograms $81,362 · Management $6,748 · Fundraising $11,282$99,392
IX-12 Advertising and promotionPrograms $25,907 · Management $1,579 · Fundraising $364$27,850
IX-13 Office expensesPrograms $9,616 · Management $3,658 · Fundraising $1,577$14,851
IX-14 Information technologyPrograms $15,772 · Management $2,790 · Fundraising $2,592$21,154
IX-16 OccupancyPrograms $30,493 · Management $5,395 · Fundraising $5,010$40,898
IX-17 TravelPrograms $907 · Management $160 · Fundraising $148$1,215
IX-19 Conferences, conventions and meetingsPrograms $142 · Management $25 · Fundraising $23$190
IX-22 Depreciation, depletion and amortizationPrograms $2,151 · Management $381 · Fundraising $353$2,885
IX-23 InsurancePrograms $5,376 · Management $951 · Fundraising $883$7,210
IX-24 Other expenses (24a–d)Programs $8,882 · Management $3,067 · Fundraising $5,729$17,678
IX-24e All other expensesPrograms $1,253$1,253
IX-25 Total functional expensesPrograms $975,985 · Management $212,784 · Fundraising $158,450$1,347,219
Part X · Balance sheet $2,453,970 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $215$253,271
X-2 Savings and temporary cash investmentsStart of year $931,294$1,905,606
X-3 Pledges and grants receivableStart of year $363,370$280,185
X-9 Prepaid expenses and deferred chargesStart of year $10,918$11,275
X-10c Land, buildings and equipment, netStart of year $5,488$3,633
X-16 Total assetsStart of year $1,313,981$2,453,970
X-17 Accounts payable and accrued expensesStart of year $136,405$68,345
X-25 Other liabilitiesStart of year $0$210,700
X-26 Total liabilitiesStart of year $136,405$279,045
X-27 Net assets without donor restrictionsStart of year $405,576$721,925
X-28 Net assets with donor restrictionsStart of year $772,000$1,453,000
X-32 Total net assets or fund balancesStart of year $1,177,576$2,174,925
X-33 Total liabilities and net assetsStart of year $1,313,981$2,453,970
Part XI · Reconciliation of net assets $2,174,925 net assets at year end
XI-1 Total revenue$2,344,567
XI-2 Total expenses$1,347,219
XI-3 Revenue less expenses$997,348
XI-4 Net assets at start of year$1,177,576
XI-8 Prior period adjustments$1
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,174,925

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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