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Nonprofit · EIN 27-1996807

SAN FRANCISCO COMMUNITY INVESTMENT FUND

Tax-exempt · SAN FRANCISCO, CA 94102

Financials

$3M$2.1M2022$1.7M$1.2M2023$2.7M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of SAN FRANCISCO COMMUNITY INVESTMENT FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,665,003$1,799,129$865,874$5,617,235$336,061$5,281,174
June 30, 2024990$1,721,771$1,187,808$533,963$4,856,517$441,217$4,415,300
June 30, 2023990$2,973,738$2,129,925$843,813$4,234,631$353,294$3,881,337
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,639,129
Investment income
$25,874
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$252,852
Accounting fees
$71,136
Program services (functional)
$1,386,200
Management and general (functional)
$412,929

Balance sheet and other

Total assets, start of year
$4,856,517
Total assets, end of year
$5,617,235
Total liabilities, end of year
$336,061
Net assets, end of year
$5,281,174
Net assets without donor restrictions
$5,281,174
Gross receipts
$2,665,003
Employees
0
Volunteers
0
Year formed
2010
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRIAN STRONGPRESIDENT
Trustee or director, Officer
1.5$0
JOAQUIN TORRESVICE PRESIDENT
Trustee or director, Officer
1$0
CARMEN CHUSECRETARY
Trustee or director, Officer
1$0
NAVEENA BOBBATREASURER
Trustee or director, Officer
1.5$0
TOM DECAIGNYBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
BRIAN STRONGPRESIDENT
Trustee or director, Officer
1.5$0
JOAQUIN TORRESVICE PRESIDENT
Trustee or director, Officer
1$0
CARMEN CHUSECRETARY
Trustee or director, Officer
1$0
NAVEENA BOBBATREASURER
Trustee or director, Officer
1.5$0
TOM DECAIGNYBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
BRIAN STRONGPRESIDENT
Trustee or director, Officer
1.5$0
JOAQUIN TORRESVICE PRESIDENT
Trustee or director, Officer
1$0
CARMEN CHUSECRETARY
Trustee or director, Officer
1$0
ERIC SHAWTREASURER
Trustee or director, Officer
1.5$0
TOM DECAIGNYBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1 DR CARLTON B GOODLETT PL STE 448, SAN FRANCISCO, CA 94102-4653
In care of
% FRED BLACKWELL
Principal officer (990 for 2024)
NAVEENA BOBBA, 1 DR CARLTON B GOODLETT PL 448, SAN FRANCISCO, CA 94102
Signed the 990
NAVEENA BOBBA, TREASURER
Phone
(415) 554-4082
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 27-1996807 or by the name SAN FRANCISCO COMMUNITY INVESTMENT FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE CORPORATION'S SPECIFIC PURPOSE IS TO ASSIST IN CARRYING OUT THE ECONOMIC DEVELOPMENT PROGRAMS AND OBJECTIVES OF THE CITY. IT WILL PROMOTE THE DEVELOPMENT, ESTABLISHMENT OR EXPANSION OF INDUSTRIES AND COMMERCE IN LOW-INCOME AREAS BY GENERATING PRIVATE INVESTMENT CAPITAL THROUGH THE NEW MARKETS TAX CREDIT ("NMTC") PROGRAM. THE CORPORATION WILL MAKE LOANS AVAILABLE FOR INVESTMENT IN "LOW-INCOME COMMUNITIES OR "LOW-INCOME PERSONS" (AS DEFINED IN THE LAW AND REGULATIONS GOVERNING THE NMTC PROGRAM). THE PRIMARY MISSION OF THE CORPORATION IS TO SERVE LOW-INCOME COMMUNITIES OR LOW-INCOME PERSONS BY PROVIDING INVESTMENT CAPITAL. THE ORGANIZATIONS'S ACTIVITES WILL TARGET ECONOMICALLY DISTRESSED COMMUNITIES WITHIN THE CITY.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CORPORATION HAS BEEN CERTIFIED AS A COMMUNITY DEVELOPMENT ENTITIY ("CDE") AND HAS AND WILL APPLY FOR ALLOCATION OF NEW MARKETS TAX CREDITS ("NMTCS"). THE CORPORATION HAS FORMED SUBSIDIARY LIMITED LIABILITY COMPANIES IN WHICH THE CORPORATION WILL SERVE AS THE MANAGING MEMBER. THE CORPORATION WILL APPLY ON BEHALF OF SUCH SUBSIDIARIES FOR CERTIFICATION AS CDES AND WILL SUB-ALLOCATE ITS NMTCS TO ONE OR MORE SUBSIDIARY CDES IN ACCORDANCE WITH THE LAWS AND REGULATIONS GOVERNING THE NMTC PROGRAM FOR PURPOSES OF MAKING QUALIFIED LOW-INCOME COMMUNITY INVESTMENTS TO LOW-INCOME COMMUNITIES.
    Expenses $1,386,200 · revenue $2,665,003

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
27-1996807
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,617,235
Income (IRS master file)
$2,665,003

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,665,003$1,799,129$5,617,235XML
990June 2024$1,721,771$1,187,808$4,856,517XML
990June 2023$2,973,738$2,129,925$4,234,631XML
990June 2022$426,862$412,480$3,259,722IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-1996807).

Questions about SAN FRANCISCO COMMUNITY INVESTMENT FUND

What is the EIN of SAN FRANCISCO COMMUNITY INVESTMENT FUND?
The employer identification number (EIN) of SAN FRANCISCO COMMUNITY INVESTMENT FUND is 27-1996807.
Is SAN FRANCISCO COMMUNITY INVESTMENT FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to SAN FRANCISCO COMMUNITY INVESTMENT FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does SAN FRANCISCO COMMUNITY INVESTMENT FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAN FRANCISCO COMMUNITY INVESTMENT FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAN FRANCISCO COMMUNITY INVESTMENT FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of SAN FRANCISCO COMMUNITY INVESTMENT FUND?
The 990 for the year ended June 30, 2025 names NAVEENA BOBBA.
Who are the officers and directors of SAN FRANCISCO COMMUNITY INVESTMENT FUND?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SAN FRANCISCO COMMUNITY INVESTMENT FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,665,003, expenses of $1,799,129 and total assets of $5,617,235 at year end.

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