2025-10-02T19:52:58-05:00 2024-12-31 814234542 BPM LLP ONE CALIFORNIA STREET SUITE 2500 SAN FRANCISCO CA 941115426 990 2024-01-01 454849844 SAN FRANCISCO MARKET CORPORATION SANF 4155504495 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 MICHAEL JANIS GENERAL MANAGER 4155504495 2025-09-30 1 1 JEANETTE M LEE P01073684 4154215757 2025-09-30 2024 2025-03-06 01:10:19Z MICHAEL JANIS 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 8651870 0 X WWW.THESFMARKET.ORG X 2012 CA SEE SCHEDULE O 12 9 11 50 0 0 7018829 79670 6372372 6745622 884577 1378591 424766 419409 14700544 8623292 196112 1536 0 0 850725 1098885 0 16836 573920 2231669 2129551 3278506 3246808 11422038 5376484 59808801 65190460 2767150 2772325 57041651 62418135 OUR MISSION IS TO CONNECT AND GROW THE REGION'S FOOD AGRICULTURE COMMUNITY FROM OUR WHOLESALE MARKET IN THE HEART OF SAN FRANCISCO. OUR VISION IS FOR ALL COMMUNITIES IN THE SAN FRANCISCO BAY AREA TO HAVE RELIABLE ACCESS TO ABUNDANT FRESH PRODUCE. 0 0 1884382 1536 7164606 PLEASE SEE THE SCHEDULE O DISCUSSION, RELATIVE TO FORM 990, PAGE 1, PART I, LINE 1 1884382 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 30 0 1 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X MICHAEL JANIS 4155504495 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 VIRGINIA HINES PRESIDENT (TO 7/24) 1.00 X X 0 0 0 TIM THOMSON TREASURER (TO 7/24) 1.00 X X 0 0 0 ASHLEIGH HARRIS SECRETARY (TO 7/24) 1.00 X X 0 0 0 JOSHUA CALLAHAN DIRECTOR (TO 7/24) 1.00 X 0 0 0 LAURIE POSTON TREASURER (FROM 7/24) 1.00 X X 0 0 0 KEVIN COOK DIRECTOR 1.00 X 0 0 0 DAVID LEA DIRECTOR 1.00 X 0 0 0 VINCENT KORTA PRESIDENT 1.00 X X 0 0 0 JACK PIZZA MERCHANT, VICE PRESIDENT (TO 3/24) 1.00 X 0 0 0 LESLIE KRASNY SECRETARY 1.00 X X 0 0 0 KEVIN BARNETT DIRECTOR 1.00 X 0 0 0 LARRY BALESTRA MERCHANT 1.00 X 0 0 0 NANCY ANDREWS DIRECTOR (TO 7/24) 1.00 X 0 0 0 ROCHELLE ROSS DIRECTOR 1.00 X 0 0 0 ANDREW WIETSTOCK DIRECTOR (FROM 7/24) 1.00 X 0 0 0 JEANNE MYERSON DIRECTOR (FROM 7/24) 1.00 X 0 0 0 TERRY FEINBERG DIRECTOR (FROM 7/24) 1.00 X 0 0 0 RAY MAH MERCHANT (FROM 3/24) 1.00 X 0 0 0 MICHAEL JANIS GENERAL MANAGER 40.00 X 255025 0 37836 AMY BRANNER DIRECTOR, FUND DEVELOPMENT 40.00 X 176301 0 25985 ELIZABETH YU CONTROLLER 40.00 X 129971 0 26602 SERGIO SOLIS OPERATIONS MANAGER 40.00 X 101392 0 23799 662689 0 114222 4 0 1 0 AX SECURITY SERVICE 2151 SALVIO ST STE 260 CONCORD CA 94520 SECURITY SERVICES 570699 JACKSON LILES ARCHITECTURE 2325 3RD ST 2016 SAN FRANCISCO CA 94107 ARCHITECTURE & DESIGN SERVICES 344575 GOLDEN GATE MECHANICAL 1793 LAFAYETTE ST SUITE 130 SANTA CLARA CA 95050 FIRE SPRINKLER CONTRACTOR 193286 TRISTAN MICHELE MARKETING 3201 WOODSTOCK ROAD LOS ALAMITOS CA 90720 MARKETING CONSULTANT 149517 AIM TO PLEASE JANITORIAL 1485 BAYSHORE BLVD BOX 129 SAN FRANCISCO CA 94124 JANITORIAL SERVICE 143290 8 74670 5000 79670 RENTAL INCOME 531120 6745622 6745622 6745622 1381137 1381137 26032 28578 -2546 -2546 -2546 DOCK LOADING FEE 480000 317825 317825 MISCELLANEOUS INCOME 900099 84744 84319 425 PARKING 485000 16840 16840 419409 8623292 7164606 0 1379016 X 1536 1536 292861 115236 82456 95169 636636 248740 178098 209798 169388 69817 49755 49816 18187 8366 9821 161262 161262 87000 87000 16836 16836 369012 83205 207844 77963 5644 2822 2822 21929 8772 5482 7675 32100 12840 8025 11235 61092 61092 836851 810896 25955 LANDLORD EXPENSES 428406 428406 OTHER EXPENSES 79890 29424 34860 15606 TELEPHONE & DATA SERVIC 17541 17541 MEMBERSHIP & SUBSCRIPTI 9991 2584 7407 646 646 3246808 1884382 788506 573920 2094600 2151978 25320184 29842227 607277 160799 186775 79950 70173 281739 39599090 8887757 30147707 30711333 1382085 1962434 59808801 65190460 986235 1128545 1780915 1643780 2767150 2772325 X 51540615 56915961 5501036 5502174 57041651 62418135 59808801 65190460 5376484 0 X 0 1 X 1 0 X 1794409 1828781 586000 7018829 79670 11307689 3366000 3366000 3366000 3366000 3366000 16830000 5160409 5194781 3952000 10384829 3445670 28137689 2707699 25429990 112418 716 96721 886372 1381137 2477364 30615053 31803440 0.83060 0.86440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87000 87000 3159808 3246808 312340 78085 0 0 412760 352114 313925 312340 1391139 2086709 76250 87000 87000 87000 337250 103190 88029 78481 78085 347785 521678 33656155 8694561 24961594 205382 37493 167889 5737553 155703 5581850 30711333 TENANTS' SECURITY DEPOSITS 1136070 OPERATING LEASE LIABILITY 507710 1643780 8623292 0 8623292 0 8623292 3246808 0 3246808 0 3246808 X X 1 THE NEW BLACKSMITH LLC 15 MADERA DEL PRESIDIO CORTE MADERA CA 94925 ASSESSMENT OF FUNDABILITY & ID OF POTENTIAL FUNDERS 0 0 12500 0 12500 X 0 0 0 0 0 0 0 0 0 MICHAEL JANIS GENERAL MANAGER 255025 0 0 0 0 0 20402 0 17434 0 292861 0 0 0 AMY BRANNER DIRECTOR, FUND DEVELOPMENT 176301 0 0 0 0 0 12806 0 13179 0 202286 0 0 0 ELIZABETH YU CONTROLLER 129971 0 0 0 0 0 9098 0 17504 0 156573 0 0 0 PART I, LINE 3 EXECUTIVE COMPENSATION WAS APPROVED BY THE BOARD AS A PART OF THE OVERALL ORGANIZATIONAL BUDGET. JACK PIZZA DIRECTOR 240739 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 LARRY BALESTRA DIRECTOR 187585 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 RIC TOMABARI FORMER DIRECTOR 461204 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE FORMER DIRECTOR 0 RAY MAH DIRECTOR 140621 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 STANLEY CORREIA FORMER DIRECTOR 140621 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE FORMER DIRECTOR 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: THE SF MARKET'S MISSION IS TO CONNECT AND GROW NORTHERN CALIFORNIA'S FOOD AND AGRICULTURAL COMMUNITY FROM OUR WHOLESALE MARKET IN THE HEART OF SAN FRANCISCO AND TO ENSURE ALL SAN FRANCISCO BAY AREA COMMUNITIES HAVE RELIABLE ACCESS TO ABUNDANT FRESH PRODUCE. THE SF MARKET IS SAN FRANCISCO'S ORIGINAL AND ONLY WHOLESALE PRODUCE MARKET. AS A PILLAR OF THE BAY AREA'S FOOD ECONOMY AND A NON-PROFIT SOCIAL ENTERPRISE, THE MARKET PROVIDES THE CRITICAL INFRASTRUCTURE TO CONNECT RURAL CALIFORNIA FARMING COMMUNITIES WITH THE DIVERSE URBAN CENTER IN THE BAY AREA. LOCATED IN SAN FRANCISCO'S BAYVIEW HUNTERS POINT NEIGHBORHOOD, THE 25 ACRE CAMPUS IS HOME TO 20 INDIVIDUAL MERCHANTS WHO SUPPLY BAY AREA RESTAURANTS, GROCERS, CATERERS AND OTHER FOOD-RELATED BUSINESSES WITH A FULL SPECTRUM OF HIGH-QUALITY PRODUCE THAT SERVES A RANGE OF CULINARY AND CULTURAL PREFERENCES. THE MARKET SUPPORTS JOBS FOR OVER 500 PEOPLE IN THE PRODUCTION, DISTRIBUTION AND REPAIR (PDR) INDUSTRY. BEYOND MEETING THE PRODUCE NEEDS OF SAN FRANCISCO'S FOOD BUSINESSES, THE SF MARKET CREATES POSITIVE SOCIAL AND ENVIRONMENTAL IMPACT THROUGH ITS AWARDWINNING FOOD RECOVERY PROGRAM. PARTNERING WITH ITS MERCHANTS, THE SF MARKET RECOVERS FRESH SURPLUS PRODUCE THAT WOULD OTHERWISE GO TO WASTE AND REDISTRIBUTES IT TO COMMUNITY-BASED ORGANIZATIONS WHO DIRECTLY SERVE FOOD INSECURE COMMUNITIES ACROSS SAN FRANCISCO AND THE GREATER BAY AREA REGION. THIS EFFICIENT AND HIGHLY COST-EFFECTIVE PROGRAM IS THE LARGEST SINGLE SOURCE OF RECOVERED FOOD IN SAN FRANCISCO. SINCE ITS INCEPTION, THE FOOD RECOVERY PROGRAM HAS RECOVERED AND DONATED OVER 9 MILLION POUNDS OF FRESH PRODUCE THROUGH ITS COMMUNITY PARTNERS. FORM 990, PART VI, SECTION A, LINE 3 METIS PARTNER SOLUTIONS LLC SERVED AS THE OUTSOURCED CHIEF FINANCIAL OFFICER. FOR THESE SERVICES, METIS PARTNER SOLUTIONS LLC WAS PAID $61,574. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ORGANIZATION'S CONTROLLER. A DRAFT OF FORM 990 IS REVIEWED BY THE CONTROLLER AND THE DIRECTOR OF FINANCE AND ADMINISTRATION. ANY CORRECTIONS OR MODIFICATIONS ARE MADE BY OUR CPA FIRM. THE REVISED DRAFT IS THEN REVIEWED BY THE GENERAL MANAGER, CONTROLLER, DIRECTOR OF FINANCE AND ADMINISTRATION AND ANY CONCERNS RAISED WITH THE CPA FIRM TO ENSURE A CONSENSUS IS ACHIEVED. THE AUDIT COMMITTEE IS THEN PROVIDED A COPY, FOR THEIR REVIEW AND APPROVAL, AND THE BOARD MEMBERS SENT A COPY OF THE TAX RETURN, PRIOR TO FILING, FOR THEIR REVIEW AS WELL. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES BY OUR CPA FIRM. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE POLICY IS SENT TO ALL BOARD MEMBERS ALONG WITH A FORM TO SAN FRANCISCO MARKET CORPORATION DISCLOSE ANY CONFLICTS OF INTEREST ABOUT WHICH THEY MAY KNOW. THE FORMS ARE THEN REVIEWED BY MICHAEL JANIS, GENERAL MANAGER, AND THE BOARD & GM ADMINISTRATIVE ASSISTANT. ANY ISSUES THAT ARE NOTED ARE FURTHER VETTED AND RAISED TO THE BOARD OR GOVERNANCE SUB-COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15A IN JUNE 2025, SF MARKET'S EXTERNAL HR CONSULTANT, IGNITE HR, DIRECTLY PROVIDED THE BOARD PRESIDENT WITH COMPENSATION AND MERIT INFORMATION USED FOR THE GENERAL MANAGER'S 2024 COMPENSATION REVIEW. THE BOARD PRESIDENT THEN REVIEWED MATERIALS WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G HR/CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 77,084. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 77,084. MARKETING AND COMMUNICATION: PROGRAM SERVICE EXPENSES 75,211. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 75,211. TOTAL EXPENSES 150,422. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 7,994. MANAGEMENT AND GENERAL EXPENSES 130,760. FUNDRAISING EXPENSES 2,752. TOTAL EXPENSES 141,506.