- Revenue 2025
- $1,571,923
- Expenses 2025
- $2,104,947
Program services were 88.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L20
- Classification
- 1000
- Street
- 28 LIBERTY STREET 34TH FLOOR
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2025
Mission
THE FUND IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE CODE, AND IS OPERATED EXCLUSIVELY TO FURTHER THE CHARITABLE PURPOSES OF ITS MEMBERS, INCLUDING RELIEF OF VULNERABLE AND EXTREMELY LOW INCOME HOUSEHOLDS, ELIMINATION OF RACIAL DISCRIMINATION, COMBATTING COMMUNITY DETERIORATION, ENHANCING COMMUNITY ENGAGEMENT, AND LESSENING THE BURDENS OF GOVERNMENT IN THE FIVE-COUNTY REGION LOCATED IN THE STATE OF CALIFORNIA CONSISTING OF SAN FRANCISCO, SAN MATEO, SANTA CLARA, ALAMEDA AND CONTRA COSTA COUNTIES (THE "BAY AREA") BY FINANCING THE CREATION OF NEW AFFORDABLE HOUSING AND THE PRESERVATION OF EXISTING AFFORDABLE HOUSING.
-
PROJECT AND INVESTMENT:ACQUIRING, ORIGINATING, HOLDING, SELLING, PROVIDING FINANCING, OR OTHERWISE MAKING INVESTMENTS OF EQUITY INTERESTS, DEBT INTERESTS, INTANGIBLE INTERESTS, JOINT VENTURES OR OTHER PARTIAL INTERESTS, PARTICIPATIONS, LEASEHOLD INTERESTS, OPTIONS, AND SIMILAR RIGHTS OR OTHER INTERESTS ,DIRECT OR INDIRECT, IN OR RELATING TO PROPERTY OPERATED (OR TO BE OPERATED) AS AFFORDABLE HOUSING. THE FUND WILL HELP TO RELIEVE THE POOR AND DISTRESSED, ELIMINATE RACIAL DISCRIMINATION, COMBAT COMMUNITY DETERIORATION, ENHANCE COMMUNITY ENGAGEMENT, AND LESSEN THE BURDENS OF GOVERNMENT.
Expenses $1,866,349 · Revenue $1,268,672
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2025
As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Christina TraversCHRISTINA TRAVERS
DIRECTOR
- Total calculated
- $499,490
- From this org
- $0
- From related orgs
- $416,804
- Other
- $82,686
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $372,485 related
- Bonus
- $0 + $43,800 related
- Other
- $0 + $519 related
- Deferred
- $0 + $36,750 related
- Nontaxable benefits
- $0 + $46,472 related
- Filer's total
- $0 + $500,026 related
-
Michael PughMICHAEL PUGH
CHAIR
- Total calculated
- $932,467
- From this org
- $0
- From related orgs
- $881,597
- Other
- $50,870
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $726,308 related
- Bonus
- $0 + $154,440 related
- Other
- $0 + $849 related
- Deferred
- $0 + $36,750 related
- Nontaxable benefits
- $0 + $14,648 related
- Filer's total
- $0 + $932,995 related
-
Robert CooneyROBERT COONEY
VICE CHAIR
- Total calculated
- $296,562
- From this org
- $0
- From related orgs
- $247,552
- Other
- $49,010
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $184,633 related
- Bonus
- $0 + $39,678 related
- Other
- $0 + $23,241 related
- Deferred
- $0 + $22,079 related
- Nontaxable benefits
- $0 + $27,243 related
- Filer's total
- $0 + $296,874 related
-
Barbara LiboveBARBARA LIBOVE
DIRECTOR
- Total calculated
- $373,300
- From this org
- $0
- From related orgs
- $297,598
- Other
- $75,702
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $265,159 related
- Bonus
- $0 + $32,093 related
- Other
- $0 + $346 related
- Deferred
- $0 + $28,492 related
- Nontaxable benefits
- $0 + $47,745 related
- Filer's total
- $0 + $373,835 related
-
Courtney BrankerCOURTNEY BRANKER
TREASURER
- Total calculated
- $309,271
- From this org
- $0
- From related orgs
- $247,524
- Other
- $61,747
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $220,355 related
- Bonus
- $0 + $25,680 related
- Other
- $0 + $1,489 related
- Deferred
- $0 + $23,482 related
- Nontaxable benefits
- $0 + $38,801 related
- Filer's total
- $0 + $309,807 related
-
Tiffany DurrTIFFANY DURR
PRESIDENT
- Total calculated
- $377,264
- From this org
- $0
- From related orgs
- $301,326
- Other
- $75,938
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $278,987 related
- Bonus
- $0 + $21,993 related
- Other
- $0 + $346 related
- Deferred
- $0 + $28,969 related
- Nontaxable benefits
- $0 + $47,505 related
- Filer's total
- $0 + $377,800 related
-
Richard PinnerRICHARD PINNER
SECRETARY
- Total calculated
- $272,793
- From this org
- $0
- From related orgs
- $199,373
- Other
- $73,420
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $187,938 related
- Bonus
- $0 + $9,150 related
- Other
- $0 + $2,285 related
- Deferred
- $0 + $20,248 related
- Nontaxable benefits
- $0 + $53,707 related
- Filer's total
- $0 + $273,328 related
-
Theodore ShenTHEODORE SHEN
ASSISTANT SECRETARY
- Total calculated
- $218,613
- From this org
- $0
- From related orgs
- $162,287
- Other
- $56,326
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $152,825 related
- Bonus
- $0 + $9,150 related
- Other
- $0 + $312 related
- Deferred
- $0 + $13,584 related
- Nontaxable benefits
- $0 + $43,277 related
- Filer's total
- $0 + $219,148 related
-
Michael SkrebutenasMICHAEL SKREBUTENAS
OFFICER
- Total calculated
- $345,116
- From this org
- $0
- From related orgs
- $272,256
- Other
- $72,860
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $239,853 related
- Bonus
- $0 + $30,118 related
- Other
- $0 + $2,285 related
- Deferred
- $0 + $26,000 related
- Nontaxable benefits
- $0 + $47,396 related
- Filer's total
- $0 + $345,652 related
-
Laura ConryLAURA CONRY
OFFICER
- Total calculated
- $248,093
- From this org
- $0
- From related orgs
- $185,516
- Other
- $62,577
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $172,016 related
- Bonus
- $0 + $12,981 related
- Other
- $0 + $519 related
- Deferred
- $0 + $18,664 related
- Nontaxable benefits
- $0 + $44,448 related
- Filer's total
- $0 + $248,628 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2025
- Revenue
- $1,571,923
- Expenses
- $2,104,947
- Contributions
- $0
- Grants paid
- $0
-
2024
- Revenue
- $2,440,117
- Expenses
- $4,257,757
- Contributions
- $0
- Grants paid
- $0
-
2023
- Revenue
- $2,434,221
- Expenses
- $2,856,018
- Contributions
- $200,000
- Grants paid
- $0
-
2022
- Revenue
- $1,416,001
- Expenses
- $3,402,230
- Contributions
- $0
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $855,881
- Expenses
- $1,709,100
- Assets (EOY)
- $70,621,077
-
2020 · 990-EZ
- Revenue
- $0
- Expenses
- $133,804
- Assets (EOY)
- $0
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2025 return
-
LOCAL INITIATIVES SUPPORT CORPORATION
501(C)(3) · COMMUNITY DEVELOPMENT · NY
-
501(C)(4) · COMMUNITY DEVELOPMENT · IL
-
501(C)(4) · LOW INCOME HOUSING · IL
-
501(C)(4) · LOW INCOME HOUSING · IL
-
OREGON CORP FOR AFFORDABLE HOUSING
501(C)(3) · LOW INCOME HOUSING · OR
Declared as related by
-
On its 2024 return
-
On its 2024 return
-
OREGON CORPORATION FOR AFFORDABLE HOUSING
On its 2024 return
-
On its 2024 return
-
LOCAL INITIATIVES SUPPORT CORPORATION
On its 2024 return as a controlled entity
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Related partnerships on its 2025 return
-
ACD MIDWEST FUND I LP
LOW INCOME HOUSING · IL · general or managing partner
-
ACD MIDWEST FUND II LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND III LP
LOW INCOME HOUSING · DE · general or managing partner
-
BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XIV LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XV LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XVI LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XVII LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANC OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XVIII LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND IV LP
LOW INCOME HOUSING · DE · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND IX LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND VI LP
LOW INCOME HOUSING · DE · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND VII LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND VIII LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND X LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XI LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XII LP
LOW INCOME HOUSING · IL · general or managing partner
-
BANK OF AMERICA COMMUNITY HOUSING INVESTMENT FUND XIII LP
LOW INCOME HOUSING · IL · general or managing partner
-
BFF PRESERVATION SIDE CAR LLC
RELATED · COMMUNITY DEV · NY · share of income -$11 · share of assets $9,007 · general or managing partner
-
BLACK ECONOMICE DEVELOPMENT FUND LLC
RELATED · COMMUNITY DEV · NY · general or managing partner
-
BLACK VISION FUND LLC
COMMUNITY DEV · DE
-
BOA ADDABBO INVESTMENT FUND LLC
COMMUNITY DEV · DE
-
BOA BARTLETT YARD INVESTMENT FUND
COMMUNITY DEV · DE
-
BOA GOODWILL CHARLOTTE INVESTMENT FUND
COMMUNITY DEV · DE
-
BOA RUMRILL PARK INVESTMENT FUND
COMMUNITY DEV · DE
-
BOA URBAN CORPS INVESTMENT FUND
COMMUNITY DEV · DE
The first 25 as filed. The return lists the rest.
Related corporations and trusts on its 2025 return
-
COMMUNITY DEVELOPMENT ADVOCATES - CHI INC
C · LOW INCOME HOUSING · IL · controlled entity
-
COMMUNITY DEVELOPMENT ADVOCATES - WISCONSIN INC
C · LOW INCOME HOUSING · IL
-
COMMUNITY DEVELOPMENT ADVOCATES RAD
C · LOW INCOME HOUSING · IL · controlled entity
-
COMMUNITY DEVELOPMENT ADVOCATES INC
C · LOW INCOME HOUSING · IL · controlled entity
-
MPEG ACCEPTANCE CORPORATION
C · LOW INCOME HOUSING · MN
-
NEF ASSIGNMENT CORPORATION
C · LOW INCOME HOUSING · IL · controlled entity
-
NEF COMMUNITY CAPITAL INC
C · LOW INCOME HOUSING · IL · controlled entity
-
NEF DEVELOPMENT CORPORATION
C · LOW INCOME HOUSING · IL · controlled entity
-
NEF INVESTMENT PARTNER
C · LOW INCOME HOUSING · DE · controlled entity
-
NEF SUPPORT CORPORATION
C · LOW INCOME HOUSING · IL · controlled entity
-
NEW MARKETS INVESTMENT 106 LLC
C · COMMUNITY DEV. · DE
-
NEW MARKETS INVESTMENT 112 LLC
C · COMMUNITY DEV. · DE
-
NEW MARKETS INVESTMENT 114 LLC
C · COMMUNITY DEV. · DE
-
NEW MARKETS INVESTMENT 123 LLC
C · COMMUNITY DEV. · DE
-
NEW MARKETS INVESTMENT 86 LLC
C · COMMUNITY DEV. · DE
-
NEW MARKETS INVESTMENT 96 LLC
C · COMMUNITY DEV. · DE
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 11 November 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.