Habitat for Humanity East Bay/Silicon Valley
Legal name: Habitat for Humanity East Bay Silicon Valley
Nonprofit profile at a glance
- EIN
- 943053687
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Oakland, CA, USA
- Phone
- 5109062218
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $29,469,732
- Expenses
- $31,277,328
- Assets
- $46,345,233
- Liabilities
- $21,203,351
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
26 people listed
Executive titles in this filing
- JANICE E JENSEN (PRESIDENT & CEO)
Highest reported compensation
- JANICE E JENSEN (PRESIDENT & CEO): $423,530 total reported compensation
- MIKE COSTELLO (COO/CFO): $306,453 total reported compensation
- KEVIN ELLIOTT (CHIEF REAL ESTATE OFFICER): $304,273 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We believe in a world where everyone has a decent place to live. By building and improving homes we create strong and stable communities.
What it reported doing in 2024
Housing & financial counseling: habitat's hud-approved housing & financial counseling program helps clients build the skills and habits they need to successfully take on the responsibility of homeownership and achieve financial wellness. The program offers skills and education through one-on-one counseling with a hud-certified housing counselor to discuss their personal financial issues (i.e. Credit repair, budgeting, saving, etc.); group classes and workshops, including the first-time homebuyer classes; and an online financial education center where clients can take courses at their own pace on many financial topics from "opening a basic bank account" to "preparing for retirement." the services are open to anyone, but target limited income families. In fiscal year 2025, the program served 1399 people.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.1%; rating input score 91
- Program expense ratio: 85.9%; rating input score 86
- Fundraising efficiency: $10.1 raised per $1 spent on fundraising; rating input score 39; 39th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.48; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.46; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 8.4%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: 5% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 2.1% per year; rating input score 100; 18th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 91.1% of revenue deployed · 85.9% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $26.9M in reported program spending
- Leadership: top reported pay $424K · 26 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $969K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Fundraising efficiency scored 39/100.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Officer compensation ratio scored 27/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.