Burbank Housing Development Corporation
89% goes to programs $0 to raise $100 Strong reserves Growing revenue
Burbank Housing Development Corporation is a 501(c)(3) organization based in Santa Rosa, California, registered in 1983, with $32,379,443 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
1425 Corporate Center Parkway, Santa Rosa, CA, 95407 EIN 94-2837785 Since 1983
Revenue (FY2024)
$32.4M
▲ 104.8% vs prior year
Housing median: $408K
Expenses (FY2024)
$26.6M
Net assets
$84.0M
Employees
31
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 rating89% to programs · $0 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 Burbank Housing Development Corporation: 89% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating38 mo reserves · +18% 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 Burbank Housing Development Corporation: 38 mo reserves · +18% 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 Burbank Housing Development 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 Burbank Housing Development Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Burbank housing is a local non-profit organization dedicated to increasing the supply of housing in sonoma and napa county, so that low-income people of all ages, backgrounds and special needs will have a better opportunity to live in decent and affordable housing. the organization's most significant activities include management of affordable housing, the rehabilitation of existing housing and building quality affordable rental units in the north bay.
Contact & location
- Address
- 1425 Corporate Center Parkway, Santa Rosa, CA, 95407
- City
- Santa Rosa
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $9.1M (FY2013) to $32.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $153.8MNet assets $84.0M
Operating margin
18.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$237.9M
Total liabilities
$153.8M
Net assets
$84.0M
Salaries & benefits
$2.7M
10% of expenses
Board members
11
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $32,379,443▲105% | $26,564,789▲3.1% | $84,030,280▲7.5% | $237,868,502▲30.9% | 990 |
| 2023 | $15,809,660▼77.4% | $25,771,273▲37.0% | $78,181,989▼13.5% | $181,786,650▲13.0% | 990 |
| 2022 | $69,956,590▲330% | $18,810,477▲10.7% | $90,407,095▲220% | $160,937,391▲55.6% | 990 |
| 2021 | $16,261,747▲36.2% | $16,992,054▲4.3% | $28,226,884▲10.8% | $103,460,619▲4.0% | 990 |
| 2020 | $11,936,177▼6.7% | $16,287,629▲26.5% | $25,473,134▼13.1% | $99,484,525▲19.4% | 990 |
| 2019 | $12,791,623▼17.4% | $12,880,101▲101% | $29,311,574▲0.3% | $83,348,147▲46.9% | 990 |
| 2018 | $15,486,697▲69.1% | $6,409,776▼6.6% | $29,236,020▲45.8% | $56,729,050▲23.5% | 990 |
| 2017 | $9,160,633▲41.0% | $6,861,003▲4.2% | $20,045,514▲13.1% | $45,915,953▼4.5% | 990 |
| 2016 | $6,498,590▲22.5% | $6,586,902▲11.8% | $17,731,011▲2.6% | $48,100,589▲4.2% | 990 |
| 2015 | $5,303,059▼26.0% | $5,893,409▲0.2% | $17,284,793▼15.7% | $46,155,342▲1.2% | 990 |
| 2014 | $7,163,174▼21.7% | $5,883,296▲1.0% | $20,505,003▲1.8% | $45,622,151▼28.8% | 990 |
| 2013 | $9,147,126 | $5,822,346▼28.2% | $20,150,397▲0.4% | $64,071,528▼6.3% | 990 |
| 2012 | — | $8,113,551▲5.2% | $20,062,762▲10.8% | $68,399,375▼13.9% | 990 |
| 2011 | — | $7,709,150▲5.5% | $18,100,815▲14.0% | $79,400,168▲4.7% | 990 |
| 2010 | — | $7,310,355 | $15,874,316 | $75,831,924 | 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: Lawrance Florin — $528,143 (1.99% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Lawrance Florin | Ceo | 25 | $528,143 |
| Benjamin Wickham | Coo | 25 | $196,739 |
| Kim P August | Cfo | 25 | $194,379 |
| Richard Wallach | Sr Director of Housing Fin | 40 | $191,620 |
| Jocelyn Lin | Chief R.e. Development Officer | 40 | $188,927 |
| Roxann Alicia Tristano-kidneigh | Project Accountant | 40 | $156,988 |
| Judith Yera | Chief People Officer | 40 | $153,759 |
| Lina Jia | Controller | 40 | $147,100 |
| Julie Heredia | Director of Asset Managment | 40 | $131,675 |
| Sheryl Pope | Director of It & Is | 40 | $110,004 |
| Jose Caballero | Project Manager | 40 | $107,775 |
| Patrick S Montgomery | Pr & Communications Manager | 40 | $105,434 |
| Andrea Learned | Director | 3 | — |
| Brendan Kunkle | Director | 3 | — |
| Charlotte Radmilovic | Director | 3 | — |
| David Gouin | Chair | 3 | — |
| Dorothy Beattie | Treasurer | 3 | — |
| Jean Kapolchok | Secretary | 3 | — |
| Komron Shahhosseini | Director | 3 | — |
| Leslie Camino | Director | 3 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Van Meter Williams Pollack | Architecture and Urban Design | $1,208,411 |
| The Law Office of Elizabeth Lehrer | Legal Service | $265,666 |
| Tierneyfigueiredo Architects Aia | Architecture | $254,210 |
| Kjm Planning Consultants LLC | Consulting | $227,386 |
| Christopher Westlake | Consulting | $186,250 |
Grants received · $12.9M total
17 grants to Burbank Housing Development Corporation totaling $12.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| St Joseph Health Northern California LLC | Community benefit restricted grant | 2024 | $600,000 |
| St Joseph Health Northern California LLC | Community benefit restricted grant | 2023 | $700,000 |
| Burbank Housing Development Corporation | To support the organization involved in affordable housing. | 2022 | $232,894 |
| American Online Giving Foundation Inc | General support | 2022 | $10,000 |
| Enterprise Community Partners Inc | Acquisition and rehab of affordable housing | 2021 | $336,000 |
| American Online Giving Foundation Inc | General support | 2021 | $250,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $20,000 |
| Enterprise Community Partners Inc | Community preservation and development | 2020 | $65,000 |
| Donor Advised Charitable Giving | Human services | 2020 | $10,100 |
| Donor Advised Charitable Giving | Human services | 2020 | $10,100 |
| Tipping Point Community | Emergency relief | 2019 | $50,000 |
| East Bay Community Foundation | Journey's end redevelopment project | 2018 | $1,600,000 |
| Tipping Point Community | General operating support | 2018 | $495,000 |
| Tipping Point Community | General operating support | 2017 | $4,000,000 |
Grants made · $7,500 in FY2024
1 grant totaling $7,500 in FY2024. All grants made by Burbank Housing Development Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Housing California | To support the organization involved in affordable housing. | $7,500 |
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Frequently asked questions
- Is Burbank Housing Development Corporation a legitimate nonprofit?
- Yes. Burbank Housing Development Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 94-2837785, based in Santa Rosa, California. Donations are tax-deductible.
- What is Burbank Housing Development Corporation's EIN?
- Burbank Housing Development Corporation's Employer Identification Number (EIN) is 94-2837785.
- How much revenue does Burbank Housing Development Corporation report?
- Burbank Housing Development Corporation reported $32,379,443 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Burbank Housing Development Corporation's spending goes to programs?
- Burbank Housing Development Corporation spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Burbank Housing Development Corporation have?
- CharityIndex grades Burbank Housing Development Corporation A, based on program efficiency and fundraising cost.
- How much does Burbank Housing Development Corporation's highest-paid employee make?
- The highest reported compensation on Burbank Housing Development Corporation's latest Form 990 is $528,143, paid to Lawrance Florin (Ceo).
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Data for Burbank Housing Development Corporation (EIN 94-2837785) 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.