LOW INCOME INVESTMENT FUND

San Francisco, CA | San Francisco County
Revitalization/Stabilization

Overview

LOW INCOME INVESTMENT FUND
94-2952578
50 CALIFORNIA ST STE 2900
San Francisco, CA 94111
San Francisco County
(415) 772-9094

Mission Statement info

LIIF IS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION WHICH PROVIDES A COMPREHENSIVE RANGE OF PROGRAMS TO INCREASE THE AVAILABILITY OF CAPITAL IN LOW INCOME COMMUNITIES.

Founded info
1984
Total Employees info
81
Total Volunteers info
54
CRA Category info
  • Revitalization/Stabilization
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • NMTC Recipient
Nonprofit Classification (NTEE Code) info
L82

L - Housing, Shelter

Housing Expense Reduction Support

Organizations that provide home purchase or construction loans; finance new living accommodations; or pay current housing and/or utility bills for people who cannot afford to make the payments themselves and who qualify for this service on the basis of need or income.

IRS Activity Codes info
399
Other housing activities
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Revitalization/Stabilization
Community and economic development in distressed, underserved or disadvantaged areas.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
9/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
Most Recent CDFI Award info
2019
$1,001,000
CDFI Financial Assistance
2018
$3,000,000
Healthy Food Financial Initiative Financial Assistance
2018
$400,000
Disability Funds Financial Assistance
New Market Tax Credit Recipient info
Most Recent NMTC Award info
2017

$60,000,000
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$56.2M
Revenue
$54.3M
Assets
$528.5M
Exempt Ruling Date info
1986-10
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
NY
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
50 CALIFORNIA ST STE 2900
San Francisco, CA 94111
San Francisco County
FIPS Geocoded Address info
41860
MSA/CBSA info
06
State info
075
County info
0117.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
San Francisco-Oakland-Berkeley, CA
Combined Statistical Area info
San Jose-San Francisco-Oakland, CA
Metropolitan Division info
San Francisco-San Mateo-Redwood City, CA
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 67.58%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0117.00 San Francisco County
Population
Total Population 1,635 874,961
Total Households 1,024 362,354
Income
Median Family Income (Census*) $42,426 $112,449
Median Family Income (2019 FFIEC) $133,800 N/A
Tract Income Percentage 40.89% N/A
Below Poverty Level 25.2% 10.3%
Unemployment Level 9.9% 4.2%
Housing
Total Housing Units 1,259 397,812
Total Owner-Occupied Units 3.4% 37.6%
Total Renter-Occupied Units 77.9% 62.4%
Total Vacant Units 18.7% 3.7%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

14
Total Voting Members
in Governing Body
info
13
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Kathy Rock
Chief Financial Officer
(415) 772-9094
Principal Officer info
Daniel Nissenbaum
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.