Pep Housing EIN 94-2565270 Form 990 (PDF) Claim this org

Pep Housing

Not yet claimed Claim this org →

Provides affordable housing, support services, and advocacy for low-income communities. For fiscal year 2024 it reported $8.1M in revenue, $6.4M in expenses, and $9.2M in net assets.Pt I

Founded
1978
Type
Religious organization · Religion
Location
Santa Rosa, CA
Website
www.pephousing.org
Filings
5 on file (2020–2024)
Revenue
$8.1MFY2024
Expenses
$6.4M
Net assets
$9.2M
People
16
Filings
5
Updates
0
More identity details & actions ⌄
EIN  94-2565270 Religious organization Santa Rosa, CA Founded 1978
Form 990 (PDF)
Compare with another nonprofit →
Figures match the IRS filing checked 8/15/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Pep Housing claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Provides affordable housing, support services, and advocacy for low-income communities.
Leadership
Jennifer Litwak · CEO/President · $257K
Money in and out
$8.1M revenue, $6.4M expenses
Bottom line
94% program efficiency
Where the money goes · FY2024
Total revenue
$8.1M
Pt VIII · Ln 12
Total expenses
$6.4M
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.8M
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.05 Fundraising $0.01
Program efficiency
94%
of spending reaches programs+0.4% vs prior filing year
Operating runway
8.3mo
months of highly liquid reserves at operating expense rate▼ -14% vs prior filing year
Surplus margin
+22%
revenue over expenses, this year▲ ×14 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$8.1M
FY2024▲ +24%
Expenses
$6.4M
FY2024▼ -2%
Total assets
$12.8M
FY2024▼ -45%
Total liabilities
$3.6M
FY2024▼ -69%
Total revenue
$8.1M
Pt VIII · Ln 12
Total expenses
$6.4M
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.8M
Total assetsPt X · Ln 16$12.8M
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPep Housing
EINHdr · item D94-2565270
Principal addressHdr · item CSanta Rosa, CA
WebsiteHdr · item Jwww.pephousing.org
Year of formationHdr · item L1978
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFReligion (X90Z)
Ruling yearIRS BMFSep 1979

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
CEO/President
$256,852Pt VII · Sec A
Dir of Hsg Dev
$170,563Pt VII · Sec A
SR Dir-Finance
$148,833Pt VII · Sec A
VP of Property Ops
$140,177Pt VII · Sec A
Dir of Maintenance
$103,000Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jennifer Litwak’s $257K as CEO/President is at the 95th percentile of top reported officer pay among 1637 $1–10M religion 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
Jennifer Litwak$256,852
Mary Stompe$151,176$218,918$184,806$192,706
Jim Wallen$170,563
Karin Anderson$148,833
Kerry Bentz$140,177
Jim Wallen$134,981$121,723$114,260$117,653
Dominic Roybal$132,760$120,205$110,689$115,361
Sharon Patchin-Redman$114,597$124,137$100,238

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.

See Pep Housing executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

3 program services account for $5.9M of program spending, described in the organization's own filed words · FY2024.
01

Directly owns and operates 7 buildings, comprising of 85 units of low-income housing for senior citizens and persons with disabilities in petaluma, California.

$5.9Mprogram expense
02

Provision of development & construction management services in the development and rehabilitation of affordable housing projects for the benefit of low-income senior citizens and persons with disabilities.

Pt IX · col B
03

Property management of assisted housing for low-income senior citizens and persons with disabilities.

Pt IX · col B

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Contributions & grants$4.1M · 51%
Program service revenue$3.5M · 43%
Investment income$490K · 6%
Contributions & grants51%$4.1M
Program service revenue43%$3.5M
Investment income6%$490K
— government grantsLn 1e$2.1M
Total revenueLn 12$8.1M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.05 Fundraising $0.01
Program services94%$5.9M
Management & general5%$339K
Fundraising1%$71K
Total functional expensesLn 25$6.4M

Balance Sheet

Part X · end of year
CashLn 1$4.4M
Total assetsLn 16$12.8M
Total liabilitiesLn 26$3.6M
Total net assetsLn 32$9.2M
Months of cash on handcomputed8.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $4.4M · Operating expenses/yr $6.4M
8.3 months
Where the money goes
Program services
Program services $5.9M · Total expenses $6.4M
94%
Management & General
Management & general $339K · Total expenses $6.4M
5%
Fundraising
Fundraising $71K · Total expenses $6.4M
1%
Cost to raise $1
Fundraising expense (3-yr avg) $76K · Solicited contributions (3-yr avg) $1.2M
$0.06 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $4.1M · Total revenue $8.1M
51%
Government reliance
Government grants $2.1M · Total revenue $8.1M
26%
Earned-income share
Program service revenue $3.5M · Total revenue $8.1M
43%
Investment reliance
Investment income $490K · Total revenue $8.1M
+6%
Program self-sufficiency
Program service revenue $3.5M · Total expenses $6.4M
55%
Growth & trend
Revenue growth (YoY)
This year $8.1M · Prior year $6.6M
+24%
Revenue CAGR
FY2020 $5.2M · FY2024 $8.1M
+12%
Net-asset trend (YoY)
End of year $9.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $8.1M · Expenses $6.4M
+22%
Liabilities-to-Assets
Total liabilities — · Total assets $12.8M
Net-asset ratio
Net assets $9.2M · Total assets $12.8M
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $12.8M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jennifer Litwak · Reported title CEO/President · Highest reported compensation $257K · Total expenses $6.4M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $2.4M · Total expenses $6.4M
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 5%
Fundraising cost ratio 2%
Revenue growth 24%
Legal fee ratio 1%
Accounting fee ratio 0.7%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Vigil Light INCFY2024$600K
Total grants receivedfrom 3 funders$697K
See all 3 funders →
Grants paid · 7 grants · $3.8M · 2020–2024

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$8.1M revenue · viewing · ⤓ 990 PDF
FY2023$6.6M revenue · ⤓ 990 PDF
FY2022$7.9M revenue · ⤓ 990 PDF
FY2021$6.2M revenue · ⤓ 990 PDF
FY2020$5.2M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.