Homebridge Inc

Nonprofit profile at a glance

EIN
942985244
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
San Francisco, CA, USA
Phone
4152552079
Rating
82
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$56,330,901
Expenses
$51,281,589
Assets
$32,720,843
Liabilities
$18,380,155

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • ALTMAN MAYA (PRESIDENT)
  • PITT JESSICA (VICE PRESIDENT)
  • BURNS MARK (FORMER CHIEF EXECUTIVE OFFICER)
  • CHANG MIN (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • CHANG MIN (CHIEF EXECUTIVE OFFICER): $243,524 total reported compensation
  • OWENS JAY (FORMER SR. DIR. OF TECHNOLOGY): $223,607 total reported compensation
  • WEINGAND SHANTEL S (FORMER CHIEF FINANCIAL OFFICER): $220,268 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Making independent living possible for those unable to care for themselves

What it reported doing in 2024

Vocational english as a second language (esl) program: in fy24, homebridge received a grant from the California workforce development board to develop an immersive, on-the-job vocational english language training program for in-home care providers. The english as a second language home care immersion training program supports strong job candidates whose primary language is not english by combining home care training with ongoing language instruction and workplace support.the program is designed to serve more than 150 new in-home care providers in san francisco. The first cohort of over 20 participants launched in july 2024 and was training its fifth cohort as of june 2025.enhanced care management (ecm): homebridge provides wrap-around case management services through two complementary programs that supplement ihss direct care. In partnership with san francisco health plan (sfhp), homebridge delivers enhanced care management (ecm), a medi-cal benefit for eligible clients enrolled in sfhp's managed care plan. Ecm supports high-cost, high-need members through coordinated services addressing physical, mental, behavioral, and social health needs.ecm services include comprehensive assessment and care planning, enhanced care coordination, transitional care, health promotion, and linkage to community and social services. In addition, homebridge holds a case management contract with the san francisco office of community partnerships to serve up to 40 high-needs clients who do not qualify for ecm through sfhp. Together, these programs strengthen care coordination and improve outcomes for vulnerable clients.

Operating model

Revenue model
Grant-funded. 69% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 84
  • Accountability: 95
  • Sustainability: 46
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82%; rating input score 82
  • Program expense ratio: 90%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Missing
    • Independent consultant: Pass
    • 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 25; 25th percentile among comparable filings
  • Liabilities to assets ratio: 0.56; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 4.9%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 7.9% per year; rating input score 100; 63rd percentile among comparable filings
  • Revenue growth: 7.6% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 18.3% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 82% of revenue deployed · 90% of spending went to programs
  • Governance: 13 of 13 board members independent · 8 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $46.2M in reported program spending
  • Leadership: top reported pay $244K · 27 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $898K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 25/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.