Abode Housing Development FY2022 filing
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Develops and rehabilitates permanent affordable housing for low-income and special needs individuals and families in the San Francisco Bay Area. For fiscal year 2022 it reported $7.8M in revenue, $5.9M in expenses, and $16.9M in net assets.Pt I
Summary of the Filing
Where the work happens
Assist substantially homeless, impoverished AND/OR special needs individuals and families within the san francisco bay area with obtaining adequate and affordable housing accommodations.
Develop and rehabilitate permanent affordable housing units to serve low-income AND/OR special needs individuals and families within the san francisco bay area.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Louis Chicoine’s $251K as Chief Executive Officer is at the 66th percentile of top reported officer pay among 672 $10–100M 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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 78% | — | — |
| Overhead ratio | 21% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | -25% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 2% | — | — |
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.
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