Sv Home

What it reported doing in 2024

Sv@home paves the way for local and regional solutions to santa clara county's housing crisis by working to streamline the housing development process, identify land opportunities, increase funding for new affordable homes, and change the conversation around housing and affordable housing. To accomplish this work, we join with community members, philanthropic, nonprofit, and business leaders, elected officials, and developers to leverage our resources, magnify our voices, and advance collaborative solutions to California's housing crisis.see schedule o for continuation.learn policy and researchsv@home provides opportunities for community members and interested persons to learn more about affordable housing. Through regular communication, using social media, earned media, and e-news, sv@home publishes information about housing topics, current issues, and new solutions. Additionally, sv@home collects data, information, and best practices, and conducts original research to educate people about the affordable housing challenge, the progress that has been made in meeting our housing construction goals, and successful ways to respond. Lastly, sv@home leads the conversation around affordable housing to raise awareness, debunk myths, and change the dialogue. Act advocacysv@home advocates for local, regional, and state policies and programs that increase the housing supply for people at all income levels, with a focus on lower-income families and individuals. Working together with our partners, sv@home convenes a broad coalition to support progressive policies that increase the supply of affordable housing, preserve the existing affordable housing stock, and help current residents stay in the communities they call home. The ultimate goal of our advocacy is to provide an opportunity for all people in santa clara county to have access to affordable housing, enhancing our quality of life and providing a foundation for equal opportunity, diversity, and livability.engage meetings and eventssv@home hosts lunchtime forums, roundtables, networking events, and special event meetings that offer community members, elected officials, city staff, developers, financial professionals, nonprofit partners, and corporate employees the opportunity to collaborate around housing solutions. In addition to regular events throughout the year, sv@home convenes santa clara county's affordable housing month annually, a series of events hosted by sv@home and community partners each may. As a result of sv@home's broad outreach, these events foster new partnerships and collaborative efforts around an issue that affects everyone.

Financial Efficiency

• Mission deployment rate: 72.7%; rating input score 73
• Program expense ratio: 65.7%; rating input score 66
• Fundraising efficiency: $8.67 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 6 of 8 controls in place; rating input score 75
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -10%; rating input score 17; 17th percentile among comparable filings
• Total-asset coverage ratio: 0.75; rating input score 34; 34th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 53; 53rd percentile among comparable filings
• Officer compensation ratio: 35.1%; rating input score 5; 5th percentile among comparable filings

Growth

• Program expense growth: 7.7% per year; rating input score 100; 54th percentile among comparable filings
• Revenue growth: 5.3% per year; rating input score 100; 45th percentile among comparable filings
• Asset growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings