Bridge Housing Corporation
81% goes to programs $1 to raise $100 Strong reserves Growing revenue
Bridge Housing Corporation is a 501(c)(3) organization based in San Francisco, California, registered in 1983, with $101,779,088 in FY2024 revenue. CharityIndex grades it A, and it directs about 81% of spending to programs.
350 California St Ste 1600, San Francisco, CA, 94104 EIN 94-2827909 Since 1983
Revenue (FY2024)
$101.8M
▲ 29.5% vs prior year
Housing median: $408K
Expenses (FY2024)
$47.6M
Net assets
$187.8M
Employees
257
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating81% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bridge Housing Corporation: 81% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating47 mo reserves · +53% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bridge Housing Corporation: 47 mo reserves · +53% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bridge Housing Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bridge Housing Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Mission: bridge housing corporation (bridge) strengthens communities by developing, owning and managing high-quality, affordable homes for working families and seniors.vision:* bridge strengthens communities and creates opportunities for working families and seniors, beginning but not ending with housing.* bridge is a leader and innovator in the mission-driven business of effective production, operation and ownership of affordable and mixed-income housing.* bridge earns the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees.* bridge is the go-to developer and owner for public officials, investors and communities seeking an array of housing solutions, and it delivers results.
Contact & location
- Address
- 350 California St Ste 1600, San Francisco, CA, 94104
- City
- San Francisco
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $22.9M (FY2013) to $101.8M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $119.6MNet assets $187.8M
Operating margin
53.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$307.3M
Total liabilities
$119.6M
Net assets
$187.8M
Salaries & benefits
$20.0M
42% of expenses
Board members
17
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,779,088▲29.5% | $47,553,319▲4.8% | $187,769,410▲39.0% | $307,329,292▲25.5% | 990 |
| 2023 | $78,595,410▲13.8% | $45,358,302▼1.2% | $135,105,192▲18.6% | $244,952,012▲5.6% | 990 |
| 2022 | $69,068,304▲79.7% | $45,918,287▲28.0% | $113,882,257▲11.4% | $232,061,703▲4.2% | 990 |
| 2021 | $38,426,338▼24.9% | $35,887,659▼8.5% | $102,271,626▲2.5% | $222,728,888▲0.6% | 990 |
| 2020 | $51,136,050▲6.8% | $39,216,544▲13.0% | $99,733,001▲13.6% | $221,297,237▲80.8% | 990 |
| 2019 | $47,869,857▲23.5% | $34,706,152▲4.4% | $87,823,837▲17.6% | $122,399,357▲21.7% | 990 |
| 2018 | $38,756,564▲26.4% | $33,255,160▲28.6% | $74,711,109▲7.9% | $100,552,743▲5.4% | 990 |
| 2017 | $30,662,027▼48.9% | $25,852,211▼34.8% | $69,209,247▲7.5% | $95,370,490▲4.4% | 990 |
| 2016 | $59,947,014▲166% | $39,647,525▲104% | $64,395,571▲44.9% | $91,347,041▲11.4% | 990 |
| 2015 | $22,549,581▼5.4% | $19,455,369▼8.9% | $44,426,120▲7.7% | $82,033,116▲20.1% | 990 |
| 2014 | $23,843,730▲4.3% | $21,356,428▲20.3% | $41,245,456▲7.0% | $68,300,041▲18.6% | 990 |
| 2013 | $22,854,603 | $17,753,071▲33.7% | $38,530,444▲16.6% | $57,573,752▲2.9% | 990 |
| 2012 | — | $13,277,599▲8.4% | $33,030,820▲14.1% | $55,963,330▲13.6% | 990 |
| 2011 | — | $12,253,129▼20.2% | $28,949,645▲9.0% | $49,273,990▲1.1% | 990 |
| 2010 | — | $15,354,378 | $26,566,425 | $48,756,647 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kenneth Lombard — $1,067,527 (2.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kenneth Lombard | President/ceo | 39 | $1,067,527 |
| Sierra Atilano | Chief Real Estate Officer | 39 | $452,551 |
| Delphine Sherman | Evp/cfo | 39 | $429,032 |
| Smitha Seshadri | Evp Development | 40 | $410,204 |
| Rebecca Hlebasko | Svp General Counsel/secretary | 39 | $405,549 |
| James Mather | Evp/cio | 39 | $387,481 |
| Natalia Williams | Svp Asset Mgmt & Portfolio | 40 | $346,950 |
| Erik Lund | Vp Finance & Accounting | 40 | $290,900 |
| Mary Jane Jagodzinski | Svp Development | 40 | $273,140 |
| Maria Estrada-nino | Vp Dev. - Design & Constructions | 40 | $269,613 |
| Susan Neufeld Paul | Svp Eval. & Resident Program Design | 40 | $256,215 |
| Brad Wiblin | Former Evp Business Development | 0 | $123,831 |
| Kurt Creager | Evp Development (outgoing) | 40 | $46,725 |
| Adrienne Quinn | Director | 1.8 | — |
| Connie Moore | Vice Chairman | 1.8 | — |
| Daryl Carter | Director | 1.8 | — |
| Douglas Bibby | Director | 1.8 | — |
| Ed Mcnamara | Director (outgoing) | 1.8 | — |
| Jennifer Hernandez | Director (incoming) | 1.8 | — |
| Ken Novack | Chairman | 1.8 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Syncopated Strategies LLC | Development Consulting | $100,223 |
Grants received · $15.3M total
58 grants to Bridge Housing Corporation totaling $15.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Eskaton Properties Incorporated | Transfer of fixed assets | 2024 | $6,278 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,046,600 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $1,000,000 |
| Leonard & Beryl Buck Foundation | Support the purchase and preservation of two affordable housing apartments in terra linda | 2023 | $750,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $215,936 |
| American Gift Fund | Operations | 2023 | $37,447 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $35,000 |
| San Francisco Foundation | For general support. | 2023 | $5,250 |
| Leonard & Beryl Buck Foundation | Support of two affordable housing apartments in terra linda | 2022 | $1,000,000 |
| Donor Advised Charitable Giving | Human services | 2022 | $210,500 |
| American Online Giving Foundation Inc | General support | 2022 | $60,583 |
| United Way Inc | Shared prosperity | 2022 | $50,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $36,000 |
| American Gift Fund | Operations | 2022 | $15,000 |
Grants made · $10.6M in FY2024
23 grants totaling $10.6M in FY2024 — showing the 15 largest. All grants made by Bridge Housing Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Hunt Avenue Associates | To support project development of the affiliated organization | $6,713,130 |
| Bridge Community Impact | To support project development of the affiliated organization | $2,564,227 |
| Metro Senior Homes Inc | To support project development of the affiliated organization | $202,579 |
| Jordan Downs Remediation Manager LLC | To support project development of the affiliated organization | $200,000 |
| Alameda Housing Associates LP | To support project development of the affiliated organization | $144,653 |
| Aviara East Housing LP | To support project development of the affiliated organization | $124,787 |
| Winfield Hill Associates | To support project development of the affiliated organization | $121,124 |
| Bridge Grayson Creek Associates | To support project development of the affiliated organization | $104,000 |
| Bhc Sage Park LP | To support project development of the affiliated organization | $95,110 |
| Magnolia Ssf LP | To support project development of the affiliated organization | $60,470 |
| Kentfield Associates | To support project development of the affiliated organization | $45,365 |
| 3850 18th Street LLC | To support project development of the affiliated organization | $39,395 |
| Mission Dolores Gp LLC | To support project development of the affiliated organization | $39,395 |
| San Leandro Senior Associates LP | To support project development of the affiliated organization | $34,532 |
| Alto Station Inc | To support project development of the affiliated organization | $27,500 |
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Frequently asked questions
- Is Bridge Housing Corporation a legitimate nonprofit?
- Yes. Bridge Housing Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2827909, based in San Francisco, California. Donations are tax-deductible.
- What is Bridge Housing Corporation's EIN?
- Bridge Housing Corporation's Employer Identification Number (EIN) is 94-2827909.
- How much revenue does Bridge Housing Corporation report?
- Bridge Housing Corporation reported $101,779,088 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Bridge Housing Corporation's spending goes to programs?
- Bridge Housing Corporation spends about 81% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bridge Housing Corporation have?
- CharityIndex grades Bridge Housing Corporation A, based on program efficiency and fundraising cost.
- How much does Bridge Housing Corporation's highest-paid employee make?
- The highest reported compensation on Bridge Housing Corporation's latest Form 990 is $1,067,527, paid to Kenneth Lombard (President/ceo).
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Data for Bridge Housing Corporation (EIN 94-2827909) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.