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LOW INCOME INVESTMENT FUND

EIN 94-2952578 SAN FRANCISCO, CA

Revenue 2024
$123,432,648
Expenses 2024
$72,551,940

Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
L820
Classification
1000
Street
49 STEVENSON ST STE 300

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).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CALVIN GLADNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CAROL NAUGHTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DANIEL NISSENBAUM

    DIRECTOR & CEO

    Total calculated
    $678,805
    From this org
    $626,756
    From related orgs
    $0
    Other
    $52,049
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $566,772
    Bonus
    $57,200
    Other
    $2,784
    Deferred
    $13,800
    Nontaxable benefits
    $38,249
    Filer's total
    $678,805
  • DAVID FLEMING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DIONNE NELSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • EILEEN FITZGERALD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ERIKA POETHIG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • GLORIA LEE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JESSICA SAGER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL SOLOMON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • REYMUNDO OCANAS

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • RUSSELL BRUEMMER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • TAWANNA BLACK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM C KELLY JR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • YOHANA QUIROZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DENISE NOEL

    EVP & GENERAL COUNSEL

    Total calculated
    $342,118
    From this org
    $302,442
    From related orgs
    $0
    Other
    $39,676
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $265,502
    Bonus
    $35,000
    Other
    $1,940
    Deferred
    $12,184
    Nontaxable benefits
    $27,492
    Filer's total
    $342,118
  • KIMBERLY LATIMER-NELLIGAN

    PRESIDENT

    Total calculated
    $463,926
    From this org
    $430,622
    From related orgs
    $0
    Other
    $33,304
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $397,772
    Bonus
    $30,000
    Other
    $2,850
    Deferred
    $13,800
    Nontaxable benefits
    $19,504
    Filer's total
    $463,926
  • MARIA ARELLANO BAGLIERI

    EVP & CHIEF STRATEGY OFFICER

    Total calculated
    $212,199
    From this org
    $180,363
    From related orgs
    $0
    Other
    $31,836
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,784
    Bonus
    $34,055
    Other
    $524
    Deferred
    $7,278
    Nontaxable benefits
    $24,558
    Filer's total
    $212,199
  • PANAGIOTA MAHENDRU

    CFO & EVP

    Total calculated
    $435,098
    From this org
    $383,049
    From related orgs
    $0
    Other
    $52,049
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $350,674
    Bonus
    $30,000
    Other
    $2,375
    Deferred
    $13,800
    Nontaxable benefits
    $38,249
    Filer's total
    $435,098
  • TINA WALKER

    EVP & CHIEF PEOPLE OFFICER

    Total calculated
    $312,027
    From this org
    $276,460
    From related orgs
    $0
    Other
    $35,567
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $258,812
    Bonus
    $14,816
    Other
    $2,832
    Deferred
    $11,106
    Nontaxable benefits
    $24,461
    Filer's total
    $312,027
  • CHRISTINA SHIWBALAK

    VP, OPERATIONS

    Total calculated
    $301,602
    From this org
    $273,158
    From related orgs
    $0
    Other
    $28,444
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,185
    Bonus
    $28,169
    Other
    $1,804
    Deferred
    $11,015
    Nontaxable benefits
    $17,429
    Filer's total
    $301,602
  • MARY GARLING

    SVP, NATIONAL EARLY CARE EDUCATION

    Total calculated
    $319,499
    From this org
    $282,204
    From related orgs
    $0
    Other
    $37,295
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,872
    Bonus
    $25,500
    Other
    $2,832
    Deferred
    $11,333
    Nontaxable benefits
    $25,962
    Filer's total
    $319,499
  • RACHEL L BLUESTEIN

    SVP, CHIEF PROGRAM OFFICER

    Total calculated
    $341,819
    From this org
    $280,461
    From related orgs
    $0
    Other
    $61,358
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $242,166
    Bonus
    $37,271
    Other
    $1,024
    Deferred
    $11,519
    Nontaxable benefits
    $49,839
    Filer's total
    $341,819
  • STEPHANIE MCFADDEN

    SVP, CHIEF LENDING OFFICER

    Total calculated
    $340,549
    From this org
    $292,334
    From related orgs
    $0
    Other
    $48,215
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,033
    Bonus
    $0
    Other
    $90,301
    Deferred
    $8,933
    Nontaxable benefits
    $39,282
    Filer's total
    $340,549
  • SUSAN HYMAN

    SVP, CHIEF CREDIT OFFICER

    Total calculated
    $328,598
    From this org
    $298,508
    From related orgs
    $0
    Other
    $30,090
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $267,908
    Bonus
    $27,085
    Other
    $3,515
    Deferred
    $12,058
    Nontaxable benefits
    $18,032
    Filer's total
    $328,598

The first 25 listed. 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 — 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

  • 2024
    Revenue
    $123,432,648
    Expenses
    $72,551,940
    Contributions
    $70,136,586
    Grants paid
    $14,164,523
  • 2023
    Revenue
    $88,297,355
    Expenses
    $81,808,063
    Contributions
    $41,606,677
    Grants paid
    $25,313,435
  • 2022
    Revenue
    $107,952,700
    Expenses
    $102,910,131
    Contributions
    $69,875,720
    Grants paid
    $55,148,088

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.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

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 2024 return

  • NATIONAL AFFORDABLE HOUSING TRUST INC

    501(C)(3) · LOW INCOME HOUSING · MD · controlled entity

  • NHT 36 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NAHTSAHF AFFORDABLE HOUSING COMMUNITIES 2019-2

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NAHTSAHF AFFORDABLE HOUSING COMMUNITIES 2019-1

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 35 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT-SFF 2015 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 31 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 29 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT 37 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 33 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 32 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 30 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT AGENT INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT VI INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT V INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT IV INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT 28 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • NHT 27 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · OH

  • XAVIER AFFORDABLE HOUSING INC

    501(C)(3) · ACQUIRE, INVEST, OWN, REHAB OR CONSTRUCT AFFORDABLE HOUSING · DE

  • NHT III INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT I INC

    501(C)(3) · ACQUIRE, INVEST, OWN, REHAB OR CONSTRUCT AFFORDABLE HOUSING · DE

  • NHT X INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT XI INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT 34 INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

  • NHT XIV INC

    501(C)(3) · DEVELOPMENT, PRESERVATION, ACQUISITION AND MANAGEMENT OF LOW-INCOME HOUSING · DE

The first 25 as filed. The return lists every one.

Declared as related by

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 10 September 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.