WORKING SOLUTIONS CDFI

San Francisco, CA | San Francisco County
Economic Development

Overview

WORKING SOLUTIONS CDFI
91-1951777
930 MONTGOMERY ST STE 400
San Francisco, CA 94133
San Francisco County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Economic Development
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
P80

P - Human Services

Centers to Support the Independence of Specific Populations

Organizations that provide multipurpose centers or services that meet the needs and interests of a particular target population. Use this code for centers or services for special populations not specified below or for facilities that serve multiple special populations.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624120
Services for the Elderly and Persons with Disabilities

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
09/17/2013
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2013 $600,000 CDFI Financial Assistance open_in_new Working Solutions CDFI
2014 $700,000 CDFI Financial Assistance open_in_new Working Solutions CDFI
2015 $1,000,000 CDFI Financial Assistance open_in_new Working Solutions CDFI
2020 $520,000 CDFI Financial Assistance open_in_new Working Solutions CDFI
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new Working Solutions CDFI

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$2.7M
Revenue
$2.7M
Assets
$16.3M

IRS Business Master File Details info

As of March 2024
Exempt Ruling Date info
1999-05
Deductibility Status info
Deductible
Last Tax Filing info
2022
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
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 Publication 78 Details info

As of March 2024
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

IRS Form 990 Returns info

Through August 2023
Tax period ending in
2022-09
Tax period ending in
2021-09
Tax period ending in
2020-09
Tax period ending in
2019-09
Tax period ending in
2018-09
Tax period ending in
2017-09
Tax period ending in
2016-09

Nonprofit Location

Physical Address info
930 MONTGOMERY ST STE 400
San Francisco, CA 94133
San Francisco County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
41884
MSA/MD info
06
State info
075
County info
0106.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
41860 - San Francisco-Oakland-Berkeley, CA
Combined Statistical Area info
488 - San Jose-San Francisco-Oakland, CA
Metropolitan Division info
41884 - San Francisco-San Mateo-Redwood City, CA
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 61.94%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0106.00 San Francisco County
Population
Total Population 3,718 851,036
Total Households 1,799 360,842
Income
Median Family Income (Census*) $70,365 $136,689
Median Family Income (2023 FFIEC est.) $173,200 $173,200
Tract Income Percentage 49.02% N/A
Below Poverty Level 14.8% 10.5%
Unemployment Level 10.5% 5.4%
Housing
Total Housing Units 2,154 408,198
Total Owner-Occupied Units 6.1% 38.6%
Total Renter-Occupied Units 77.4% 61.4%
Total Vacant Units 16.5% 6.3%
* Census tract income based on 2020 American Community Survey data as reported in the 2023 FFIEC Census Flat File; County income based on 2022 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

11
Total Voting Members
in Governing Body
info
10
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Sara Razavi
(415) 780-1217
Principal Officer info
Sara Razavi
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower 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
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is extracted from the nonprofit's e-filed tax return and based on answers provided by the nonprofit in their 990 e-filed for the tax period ending on 2022-09.

A hyphen (“-“) in this section indicates that the information was not required by the IRS or not reported by the nonprofit in its tax return e-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 help.findcra.com.