Nonprofit · EIN 55-0830072
BAY AREA HOUSING CORPORATION
Tax-exempt · LOS GATOS, CA 95030
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $10,480,747 | $5,265,157 | $5,215,590 | $72,494,698 | $13,828,819 | $58,665,879 |
| June 30, 2024 | 990 | $10,008,751 | $5,142,226 | $4,866,525 | $71,072,720 | $17,623,547 | $53,449,173 |
| June 30, 2023 | 990 | $8,976,427 | $5,250,065 | $3,726,362 | $68,878,679 | $20,298,014 | $48,580,665 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,548,640
- of which government grants
- $2,541,175
- Program service revenue
- $7,830,909
- Investment income
- $94,198
- Other revenue
- $7,000
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $462,956
- Other salaries and wages
- $449,455
- Salaries, compensation and benefits (total)
- $1,039,335
- Professional fundraising fees
- $1,250
- Accounting fees
- $139,855
- Occupancy
- $1,666,943
- Travel
- $6,814
- Depreciation
- $1,215,621
- Program services (functional)
- $4,906,514
- Management and general (functional)
- $304,670
- Fundraising (functional)
- $53,973
Balance sheet and other
- Total assets, start of year
- $71,072,720
- Total assets, end of year
- $72,494,698
- Total liabilities, end of year
- $13,828,819
- Net assets, end of year
- $58,665,879
- Land, buildings and equipment
- $62,888,224
- Publicly traded securities
- $433,280
- Net assets without donor restrictions
- $49,315,427
- Net assets with donor restrictions
- $9,350,452
- Gross receipts
- $10,480,747
- Employees
- 6
- Volunteers
- 8
- Year formed
- 2003
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRIS MCCANN | PRESIDENT OF BOARD/ED Officer | 40 | $247,827 | $13,956 |
| CAROL TURNER | CFO Officer | 40 | $175,068 | $10,230 |
| OCTAVIO FARFAN | DEVELOPMENT MANAGER Highest-paid employee | 40 | $135,481 | $3,314 |
| REGGIE VEGA | PROPERTY MANAGER Highest-paid employee | 40 | $112,095 | $17,717 |
| JON GUNDERSON | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| KATHY ROBINSON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KAREN COTTLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFFERY DARLING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KATHY HEBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| UDAY KAPOOR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CLARE MCDERMOTT | AUDIT CO-CHAIR Trustee or director | 1 | $0 | $0 |
| TED MOORHEAD | AUDIT CO-CHAIR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRIS MCCANN | PRESIDENT OF BOARD/ED Officer | 40 | $211,850 | $13,476 |
| CAROL TURNER | CFO Officer | 40 | $143,243 | $8,859 |
| OCTAVIO FARFAN | DEVELOPMENT MANAGER Highest-paid employee | 40 | $120,437 | $3,013 |
| REGGIE VEGA | PROPERTY MANAGER Highest-paid employee | 40 | $100,706 | $18,102 |
| JON GUNDERSON | BOARD CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| KATHY ROBINSON | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 |
| KAREN COTTLE | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| JEFFERY DARLING | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| KATHY HEBERT | AUDIT CO-CHAIR Trustee or director | 0.3 | $0 | $0 |
| UDAY KAPOOR | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| CLARE MCDERMOTT | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| TED MOORHEAD | AUDIT CO-CHAIR Trustee or director | 0.3 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KRIS MCCANN | PRESIDENT OF BOARD/ED Officer | 40 | $211,866 | $16,190 |
| CAROL TURNER | CFO Officer | 40 | $147,208 | $9,384 |
| JOHN GUNDERSEN | BOARD CHAIR Trustee or director, Officer | 0.3 | $0 | $0 |
| KATHY ROBINSON | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 |
| TED MOORHEAD | AUDIT COMMITTEE CHAIR Trustee or director | 0.3 | $0 | $0 |
| CLARE MCDERMOTT | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| UDAY KAPOOR | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| NOEL KREIDLER | DIRECTOR (THRU 04/23) Trustee or director | 0.3 | $0 | $0 |
| JEFF DARLING | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| KATHY HEBERT | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
| KAREN COTTLE | DIRECTOR Trustee or director | 0.3 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 CHURCH ST STE 4, LOS GATOS, CA 95030-6927
- In care of
- % HOUSING CHOICES COALITION
- Principal officer (990 for 2024)
- CAROL TURNER, 101 CHURCH ST STE 4, LOS GATOS, CA 95030
- Signed the 990
- CAROL TURNER, CFO
- Phone
- (408) 438-7392
- Website
- WWW.BAHC1.ORG
- Return prepared by
- ARMANINO ADVISORY LLC
California records
California keeps its own records of charities and corporations. Search them by EIN 55-0830072 or by the name BAY AREA HOUSING CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
THE PRIMARY PURPOSE OF THIS CORPORATION IS TO PROVIDE AND MAINTAIN HOUSING OPPORTUNITIES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES AND LOW INCOME POPULATIONS.
Program accomplishments
- PROPERTY MANAGEMENT - IN COOPERATION WITH THE DEPARTMENT OF DEVELOPMENTAL SERVICES, SAN ANDREAS REGIONAL CENTER ("SARC") AND GOLDEN GATE REGIONAL CENTER ("GGRC"), BAHC HAS DEVELOPED A WELL-RESPECTED HOUSING ORGANIZATION WITH A FINANCIALLY SUSTAINABLE PORTFOLIO.BAHC CURRENTLY OWNS 53 SCATTERED SITE, SINGLE FAMILY HOMES IN THE BAY AREA. HOMES WILL PROVIDE PERMANENT HOUSING OPPORTUNITIES FOR A VULNERABLE AND OFTEN INVISIBLE PART OF ITS COMMUNITY. CURRENT CAPACITY PROVIDES SPECIALIZED HOUSING FOR UP TO 214 INDIVIDUALS AT ANY ONE TIME. OVER THE YEARS, BAHC'S HOMES HAVE BEEN A SAFE, SUPPORTIVE HOME FOR AN ESTIMATED 400 PEOPLE, AND WILL CONTINUE TO BE A COMMUNITY RESOURCE INTO THE FUTURE. (CONTINUED ON SCHEDULE O)CASA MILAGRO - IN 2007, BAHC FORMED A LIMITED LIABILITY COMPANY, CASA MILAGRO, LLC. THIS LLC HOLDS THE 32 HOMES ACQUIRED UNDER THE BAY AREA HOUSING PLAN, BETWEEN 2003 AND 2011. THESE PROPERTIES WERE REFINANCED WITH A 15-YEAR BOND ISSUED IN 2011.MAS MILAGROS - IN 2010, BAHC FORMED ANOTHER LIMITED LIABILITY COMPANY, MAS MILAGRO, LLC. THIS LLC HOLDS 4 PROPERTIES, ACQUIRED BETWEEN 2011 AND 2015. THESE PROPERTIES HAVE "FORGIVABLE" LOANS FROM CITY AND COUNTY OF SANTA CLARA, AND ARE ENCUMBERED BY RESTRICTIVE COVENANTS. SIMPLE INTEREST IS ACCRUED. ANNUAL PAYMENTS AGAINST INTEREST ARE MADE IN ACCORDANCE WITH TERMS.COMMUNITY PLACEMENT PLAN ("CPP") PROPERTIES - CPP HOLDS 17 PROPERTIES ACQUIRED UNDER THE COMMUNITY PLACEMENT PLAN, BETWEEN FISCAL 2016 AND 2025. THESE PROPERTIES ARE FINANCED WITH A COMBINATION OF GRANTS FROM THE STATE OF CALIFORNIA AND COMMERCIAL LOANS. IN FISCAL 2024-25, BAHC ACQUIRED A MULTI-UNIT PROPERTY IN SAN JOSE, FULFILLING A CPP CONTRACT FOR SAN ANDREAS REGIONAL CENTER. RENOVATIONS ARE IN PROGRESS AT YEAR END.BAHC, CASA MILAGRO, MAS MILAGRO AND CPP PROPERTIES ARE COLLECTIVELY REFERRED AS THE ORGANIZATION".Expenses $4,361,642 · revenue $7,837,909
- PROJECT DEVELOPMENT - BAHC IS ACTIVE IN SEEKING NEW PROPERTIES TO ADD TO ITS PORTFOLIO TO EXPAND ITS MISSION IN PROVIDING SPECIAL NEEDS HOUSING FOR THOSE WITH DEVELOPMENTAL DISABILITIES. BAHC IS ACTIVE IN SECURING CONTRACTS TO UTILIZE ITS EXPERTISE IN PROJECT DEVELOPMENT AND MANAGEMENT.Expenses $434,134
- COMMUNITY PROGRAM - MAKING HOMES WORK - PROVIDES FUNDING AND ASSISTANCE TO INDIVIDUALS WITH I/DD WHO REQUIRE CHANGES TO THEIR HOMES TO IMPROVE THE QUALITY OF LIFE. THESE CHANGES INCLUDE BATHROOM MODIFICATIONS OR OTHER CHANGES TO IMPROVE ACCESSIBILITY.Expenses $110,738
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0830072
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $72,494,698
- Income (IRS master file)
- $10,480,747
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $10,480,747 | $5,265,157 | $72,494,698 | XML |
| 990 | June 2024 | $10,008,751 | $5,142,226 | $71,072,720 | XML |
| 990 | June 2023 | $8,976,427 | $5,250,065 | $68,878,679 | XML |
| 990 | June 2022 | $7,223,971 | $4,974,588 | $68,029,356 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 55-0830072).
Questions about BAY AREA HOUSING CORPORATION
- What is the EIN of BAY AREA HOUSING CORPORATION?
- The employer identification number (EIN) of BAY AREA HOUSING CORPORATION is 55-0830072.
- Is BAY AREA HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to BAY AREA HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAY AREA HOUSING CORPORATION 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 BAY AREA HOUSING CORPORATION 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 BAY AREA HOUSING CORPORATION 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 BAY AREA HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 names CAROL TURNER.
- Who are the officers and directors of BAY AREA HOUSING CORPORATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 4 received compensation from the organization, the highest $247,827 (KRIS MCCANN, PRESIDENT OF BOARD/ED).
- How much revenue does BAY AREA HOUSING CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $10,480,747, expenses of $5,265,157 and total assets of $72,494,698 at year end.
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All nonprofits in LOS GATOS · California · Housing and shelter