Calhfa Homeowner Relief Corporation
100% goes to programs $0 to raise $100 Thin reserves Growing revenue
Calhfa Homeowner Relief Corporation is a 501(c)(3) organization based in Sacramento, California, registered in 2023, with $243,260,963 in FY2021 revenue. CharityIndex grades it B, and it directs about 100% of spending to programs.
500 Capitol Mall Ste 1400, Sacramento, CA, 95814 EIN 87-1237752 Since 2023
Revenue (FY2021)
$243.3M
▲ 4279.3% vs prior year
Public Benefit median: $140K
Expenses (FY2021)
$243.3M
Net assets
$1,000
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating100% 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 Calhfa Homeowner Relief Corporation: 100% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -0% 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 Calhfa Homeowner Relief Corporation: 0 mo reserves · -0% margin earns a C 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 Calhfa Homeowner Relief Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Calhfa Homeowner Relief Corporation: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
To administer the california mortgage relief program with the goal of providing various forms of assistance to certain california homeowners at risk of foreclosure due to adverse conditions created by covid-19 affecting housing and the economy.
Contact & location
- Address
- 500 Capitol Mall Ste 1400, Sacramento, CA, 95814
- City
- Sacramento
- State
- California
- Category
- Public & Societal Benefit
- Subcategory
- Government & Public Administration
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $5.6M (FY2020) to $243.3M (FY2021) across 2 reported years.
Financial snapshot
Financial health & position (FY2021)
Liabilities $815.0MNet assets $1,000
Operating margin
-0.0%
Spent more than it raised in the latest fiscal year.
Total assets
$815.0M
Total liabilities
$815.0M
Net assets
$1,000
Salaries & benefits
$0
0% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2021 | $243,260,963▲4279% | $243,282,500▲4298% | $1,000▼95.6% | $814,979,661▲691% | 990 |
| 2020 | $5,554,793 | $5,532,256 | $22,537 | $103,088,257 | 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 (FY2021)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Alfonso | Secretary | 5 | — |
| Claire Taurianen | Board Member | 5 | — |
| Dalila Sotelo | Board Member | 5 | — |
| Erwin Tam | Chief Financial Officer | 5 | — |
| Francese Marti | Board Member | 5 | — |
| Jee Lee | Board Member | 5 | — |
| Jennifer Lebeof | Vice President | 5 | — |
| Mary Ann Smith | Board Member | 5 | — |
| Rebecca Franklin | Board Chair | 5 | — |
| Stephen Russell | Board Member | 5 | — |
Top vendors & contractors (FY2021)
| Contractor | Services | Paid |
|---|---|---|
| Outreach Solutions As A Service (osaas) | Housing Funding | $60,600,020 |
Grants made · $11.0M in FY2021
2 grants totaling $11.0M in FY2021. All grants made by Calhfa Homeowner Relief Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| State Bar of California | Facilitate competitive grants to its statewide network of legal services organizations | $6,000,000 |
| Sierra Health Foundation | Intermediary to contract with a statewide network of community based organizations for mrp outreach services | $5,000,000 |
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Frequently asked questions
- Is Calhfa Homeowner Relief Corporation a legitimate nonprofit?
- Yes. Calhfa Homeowner Relief Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 87-1237752, based in Sacramento, California. Donations are tax-deductible.
- What is Calhfa Homeowner Relief Corporation's EIN?
- Calhfa Homeowner Relief Corporation's Employer Identification Number (EIN) is 87-1237752.
- How much revenue does Calhfa Homeowner Relief Corporation report?
- Calhfa Homeowner Relief Corporation reported $243,260,963 in total revenue on its fiscal year 2021 IRS Form 990 filing.
- How much of Calhfa Homeowner Relief Corporation's spending goes to programs?
- Calhfa Homeowner Relief Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Calhfa Homeowner Relief Corporation have?
- CharityIndex grades Calhfa Homeowner Relief Corporation B, based on program efficiency and fundraising cost.
- How much does Calhfa Homeowner Relief Corporation's highest-paid employee make?
- The highest reported compensation on Calhfa Homeowner Relief Corporation's latest Form 990 is $0, paid to Andrew Alfonso (Secretary).
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Data for Calhfa Homeowner Relief Corporation (EIN 87-1237752) 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.