2021-10-11T18:27:39-05:00 2020-12-31 814234542 BPM LLP 4200 BOHANNON DRIVE SUITE 250 MENLO PARK CA 940251021 990 2020-01-01 454849844 SAN FRANCISCO MARKET CORPORATION SANF 4155504495 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 MICHAEL JANIS GENERAL MANAGER 4155504495 2021-10-05 1 MICHAEL JANIS 999009999 TAMARA L MCINERNEY P00011797 6508556800 2021-10-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL JANIS 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 9466555 0 X WWW.THESFMARKET.ORG X 2012 CA SEE SCHEDULE O 13 11 10 0 0 0 186575 1794409 5159191 5891227 177822 113918 377331 1667001 5900919 9466555 0 1567344 0 0 858934 932526 0 0 446937 3430287 3481587 4289221 5981457 1611698 3485098 58200464 51659143 34170333 17398212 24030131 34260931 X THE MISSION OF THE SAN FRANCISCO MARKET CORPORATION IS TO LINK THE PRODUCE AND FOOD COMMUNITIES OF SAN FRANCISCO AND BEYOND THROUGH THE SUCCESSFUL OPERATION AND DEVELOPMENT OF THE SF MARKET (TSFM). 1 0 4441461 1567344 6212087 PLEASE SEE THE SCHEDULE O DISCUSSION, RELATIVE TO FORM 990, PAGE 1, PART I, LINE 1 4441461 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 1 31 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X MICHAEL JANIS 4155504495 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 ASHLEIGH HARRIS DIRECTOR 1.00 X 0 0 0 CALVIN LEONG DIRECTOR 1.00 0.10 X 0 0 0 ED CHIN DIRECTOR 1.00 X 0 0 0 ELI ZIGAS PRESIDENT 1.00 X X 0 0 0 FIONA RUDDY DIRECTOR 1.00 X 0 0 0 JOSHUA CALLAHAN DIRECTOR 1.00 X 0 0 0 JULIE YIM DIRECTOR 1.00 X 0 0 0 KEVIN COOK DIRECTOR 1.00 X 0 0 0 RAY MAH DIRECTOR 1.00 X 0 0 0 STEPHANY THOMPSON SECRETARY 1.00 X X 0 0 0 TIM THOMSON TREASURER 1.00 X X 0 0 0 VIRGINIA HINES DIRECTOR 1.00 X 0 0 0 DAVID LEA DIRECTOR (FROM 7/28/2020) 1.00 X 0 0 0 RIC TOMBARI DIRECTOR (TO 7/28/20) 1.00 X 0 0 0 JOHN MULLER DIRECTOR (TO 7/2020) 1.00 X 0 0 0 MICHAEL JANIS GENERAL MANAGER 40.00 1.00 X 237340 0 32358 237340 0 32358 1 0 1 0 CORPORATE SECURITY SERVICE INC THE HEARST BUILDING 5 THIRD ST 3 SAN FRANCISCO CA 941033294 SECURITY SERVICE 401022 CENTIMARK CORPORATION PO BOX 536254 PITTSBURG PA 152535904 REPAIRS 274793 JACKSON LILES ARCHITECTURE 2325 3RD STREET 2016 SAN FRANCISCO CA 94107 ARCHITECTURE & DESIGNS 134313 3 38544 446986 1308879 1794409 RENTAL INCOME 531390 5891227 5891227 5891227 112418 112418 1500 0 1500 1500 1500 LEASE TERMINATION INCOME 900099 1346141 1346141 DOCK LOADING FEE 480000 293750 293750 PARKING 485000 15000 15000 12110 12110 1667001 9466555 6212087 0 1460059 1567344 1567344 269698 98308 88278 83112 662828 241607 216958 204263 86765 18590 68175 125763 125763 323517 41382 137697 144438 4426 2213 2213 15370 5602 5032 4736 51249 51249 377196 377196 1012953 1012953 LANDLORD EXPENSES 1230074 1230074 MISCELLANEOUS 222807 172139 42493 8175 ASSET MANAGEMENT FEE 31467 31467 5981457 4441461 1093059 446937 3400385 8839263 10854633 13260928 5427279 1688470 17371 18912 32968297 5491160 27902399 27477137 4843989 5134298 620110 374433 58200464 51659143 1303199 2440561 22832054 8990019 199432 10035080 5768200 34170333 17398212 X 24030131 34260931 24030131 34260931 58200464 51659143 X 3485098 6745702 X X 0 1 X 1 0 X 52019 38943 71877 186575 1794409 2143823 3366000 3366000 3366000 3366000 3366000 16830000 3418019 3404943 3437877 3552575 5160409 18973823 886822 18087001 187797 194547 347065 177822 112418 1019649 19993472 27865596 0.90460 0.94040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 5981457 5981457 449073 112268 0 0 334133 362289 364811 449073 1510306 2265459 7000 0 7000 83533 90572 91203 112268 377576 566364 0 3028064 918127 2109937 187926 122160 65766 29752307 4450873 25301434 27477137 TENANTS' SECURITY DEPOSITS 617023 DEFERRED GROUND LEASE OBLIGATION 5151177 5768200 16212257 6745702 6745702 9466555 0 9466555 5981457 0 5981457 0 5981457 PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN FROM LOAN FORGIVENESS 11,880,000. LOSS FROM WRITE OFF OF BENEFICIAL INTEREST -5,134,298. INSURANCE RECOVERY 1,500,000. LOSS CONTINGENCY -1,500,000. X X X 1 CARPI & CLAY 601 NEW JERSEY AVENUE NW SUITE 30 WASHINGTON DC 20001 PROFESSIONAL FUNDRAISER 0 0 24750 -24750 SHAW YODER ANTWIH SCHMELZER & LANGE 1415 L STREET STE 1000 SACRAMENTO CA 95814 PROFESSIONAL FUNDRAISER 0 0 37000 -37000 61750 -61750 CA 0 SOUTHWEST COMMUNITY CORPORATION 446 RANDOLPH ST SAN FRANCISCO CA 94132 943297348 501(C)(3) 40860 COVID RELATED PURPOSES BAYVIEW SENIOR SERVICES 1753 CARROLL AVENUE SAN FRANCISCO CA 94124 942186268 501(C)(3) 114392 COVID RELATED PURPOSES PUBLIC HEALTH FOUNDATION ENTERPRISES INC DBA HELUNA HEALTH PHFE 2401 KEITH STREET SAN FRANCISCO CA 94124 952557063 501(C)(3) 158582 COVID RELATED PURPOSES NOW HUNTERS POINT 155 JENNINGS STREET SAN FRANCISCO CA 94124 47895 COVID RELATED PURPOSES HOMIES ORGANIZING THE MISSION TO EMPOWER YOUTH 222N MISSION STREET SAN FRANCISCO CA 94110 464153515 501(C)(3) 154960 COVID RELATED PURPOSES DOUBLE ROCK BAPTIST CHURCH 1595 SHAFTER AVENUE SAN FRANCISCO CA 94124 942676005 501(C)(3) 38885 COVID RELATED PURPOSES THIRD BAPTIST CHURCH OF SAN FRANCISCO 1399 MCALLISTER STREET SAN FRANCISCO CA 94115 941584692 501(C)(3) 57332 COVID RELATED PURPOSES EXCELSIOR WORKS 5000 MISSION STREET SAN FRANCISCO CA 94112 830805200 20005 COVID RELATED PURPOSES ASIANWEEK FOUNDATION 40 DIANA STREET SAN FRANCISCO CA 94124 201719535 501(C)(3) 33038 COVID RELATED PURPOSES CHAVALOS DE AQUI Y ALLA 178 ELLINGTON AVE SAN FRANCISCO CA 941123623 453869531 501(C)(3) 56006 COVID RELATED PURPOSES HUNTERS POINT RESIDENT COUNCIL TENANT ASSOCIATION 1065 OAKDALE AVE SAN FRANCISCO CA 94124 40631 COVID RELATED PURPOSES WISE HEALTH SF 301 RHODE ISLAND ST B10 SAN FRANCISCO CA 94103 38867 COVID RELATED PURPOSES THIRD STREET YOUTH CENTER AND CLINIC 1728 BANCROFT AVE SAN FRANCISCO CA 94124 474047803 41525 COVID RELATED PURPOSES BAYVIEW HUNTERS POINT COMMUNITY ADVOCATES PO BOX 24582 SAN FRANCISCO CA 94124 943221152 501(C)(3) 37440 COVID RELATED PURPOSES EPISCOPAL COMMUNITY SERVICES 401 MILE OF CARS WAY NO 350 NATIONAL CITY CA 91950 951945256 501(C)(3) 61587 COVID RELATED PURPOSES FARMING HOPE PO BOX 410537 SAN FRANCISCO CA 94141 832393341 108005 COVID RELATED PURPOSES HEAT OF THE KITCHEN 108 DIVISADERA ST SAN FRANCISCO CA 94117 851343647 501(C)(3) 6005 COVID RELATED PURPOSES HOMELESS PRENATAL PROGRAM INC 2500 18TH STREET SAN FRANCISCO CA 94110 943146280 501(C)(3) 30597 COVID RELATED PURPOSES OUR KIDS FIRST EDUCATIONAL PROGRAM 5854 MISSION STREET SAN FRANCISCO CA 94112 943131523 501(C)(3) 45627 COVID RELATED PURPOSES SF NEW DEAL 2501 PHELPS STREET SAN FRANCISCO CA 94124 850498939 501(C)(3) 235432 COVID RELATED PURPOSES WOMENS BUILDING INC 373 CENTRAL AVENUE ALBANY NY 12206 222152592 49724 COVID RELATED PURPOSES SFGH ITS AS REAL AS IT GETS 1801 105TH AVENUE OAKLAND CA 94603 810808377 501(C)(3) 16301 COVID RELATED PURPOSES 15 7 X 0 0 0 0 0 0 0 0 0 MICHAEL JANIS GENERAL MANAGER 237340 0 0 0 0 0 18987 0 13371 0 269698 0 0 0 PART I, LINE 3 EXECUTIVE COMPENSATION WAS APPROVED BY THE BOARD AS A PART OF THE OVERALL ORGANIZATIONAL BUDGET. ED CHIN DIRECTOR 91064 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 RAY MAH DIRECTOR 120928 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 RIC TOMBARI DIRECTOR 383697 SFMC LEASES FACILITIES TO AN ENTITY OWNED BY THE DIRECTOR 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION'S MISSION: THE MISSION OF THE SAN FRANCISCO MARKET CORPORATION IS TO LINK THE PRODUCE AND FOOD COMMUNITIES OF SAN FRANCISCO AND BEYOND THROUGH THE SUCCESSFUL OPERATION AND DEVELOPMENT OF THE SF MARKET (TSFM). TSFM IS THE CITY'S ORIGINAL AND ONLY WHOLESALE PRODUCE MARKET AND THE SOUL OF ITS VIBRANT FOOD HERITAGE. FOR NEARLY 100 YEARS, TSFM HAS PROVIDED THE MOST DIVERSE COMMUNITY OF MERCHANTS WITH THE WIDEST SELECTION OF FRUITS AND VEGETABLES, HELPING NORTHERN CALIFORNIA FOOD BUSINESSES TO MEET THEIR CUSTOMERS' UNIQUE PRODUCE NEEDS. LOCATED IN SAN FRANCISCO'S BAYVIEW DISTRICT, THE 25-ACRE TSFM CAMPUS LIES AT THE HEART OF A DISTINCTIVE URBAN/AGRICULTURAL RADIUS: NEARLY A QUARTER OF THE COUNTRY'S FRESH PRODUCE IS GROWN JUST 90 MINUTES AWAY IN CALIFORNIA'S CENTRAL VALLEY, WHILE A RANGE OF FAMILY FARMS OPERATE IN ALL SEVEN BAY AREA COUNTIES. THIS DYNAMIC NETWORK FUELS NEARLY 30 TSFM MERCHANTS WHO OFFER A FULL SPECTRUM OF THE MOST DELICIOUS PRODUCE, FROM STANDARD TO HYPER-SPECIALIZED. TSFM MERCHANTS ARE PARTICULARLY WELL CONNECTED TO LOCAL FOOD PRODUCERS, MAINTAINING MORE DIRECT RELATIONSHIPS WITH LOCAL FARMERS AND GROWERS THAN ANY MARKET IN THE CITY. BEYOND FULFILLING SAN FRANCISCO'S COMPREHENSIVE PRODUCE DEMAND, TSFM HAS A POSITIVE SOCIAL AND ENVIRONMENTAL IMPACT ON THE NEIGHBORHOOD AND COMMUNITY. WORKING CLOSELY WITH ITS MERCHANTS ON A STRONG FOOD RECOVERY PROGRAM, TSFM DONATES APPROXIMATELY 1 MILLION LBS OF PRODUCE EACH YEAR TO COMMUNITY ORGANIZATIONS THAT ADDRESS LOCAL FOOD SECURITY ISSUES. THE MARKET SUPPORTS MORE THAN 1000 JOBS IN THE PRODUCTION, DISTRIBUTION AND REPAIR (PDR) INDUSTRY THAT IS CRITICAL TO SUSTAINING A HEALTHY SAN FRANCISCO ECONOMY. ALSO, WE PLAY AN ACTIVE ROLE IN EDUCATING RESIDENTS, LEADERS OF BUSINESSES AND CIVIC ORGANIZATIONS, POLICYMAKERS, ACADEMICS, LOCAL FARMERS AND GROWERS, AND OTHER INTERESTED STAKEHOLDERS ABOUT FOOD SYSTEMS, HEALTHY RETAIL, AND WHOLESALE DISTRIBUTION MARKET CHANNELS THROUGH OUR EDUCATIONAL TOUR PROGRAM AND INVOLVEMENT IN HEALTHY EATING COALITIONS. THROUGHOUT ALL OF OUR WORK, OUR VISION IS TO BE A VIBRANT, THRIVING AND SUSTAINABLE FOOD CENTER FOR THE BAY AREA. FORM 990, PART III, LINE 2 NEED MORE INFORMATION FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ORGANIZATION'S CONTROLLER. A DRAFT OF FORM 990 IS REVIEWED BY THE CONTROLLER, AND ANY CORRECTIONS OR MODIFICATIONS ARE MADE BY THE OUTSIDE CPA. THE REVISED DRAFT IS THEN REVIEWED BY THE CONTROLLER AND THE GENERAL MANAGER. ANY CONCERNS RAISED BY THE GENERAL MANAGER ARE RAISED WITH THE CPA FIRM AND A CONSENSUS IS ACHIEVED. THE FINANCE COMMITTEE IS THEN PROVIDED A COPY, FOR THEIR REVIEW, AND THE BOARD MEMBERS ARE SENT A COPY OF THE TAX RETURN, PRIOR TO FILING, FOR THEIR REVIEW AS WELL. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE POLICY IS SENT TO ALL BOARD MEMBERS ALONG WITH A FORM TO DISCLOSE ANY CONFLICTS OF INTEREST ABOUT WHICH THEY MAY KNOW. THE FORMS ARE THEN REVIEWED BY MICHAEL JANIS, GENERAL MANAGER, AND BETH WOOLBRIGHT, AN ADMINISTRATIVE ASSISTANT. ANY ISSUES THAT ARE NOTED ARE FURTHER VETTED AND RAISED TO THE BOARD OR GOVERNANCE SUB-COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS FROM LOAN FORGIVENESS -5,134,298. FORGIVENESS OF DEBT 11,880,000. INSURANCE RECOVERY 1,500,000. LOSS CONTINGENCY -1,500,000. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SAN FRANCISCO MARKET NEW MARKET TAX CREDIT 2095 JERROLD AVENUE SUITE 212 SAN FRANCISCO CA 941241628 462915245 FINANCIAL SUPPORT CA 501(C)(3) LINE 12B, II SAN FRANCISCO MARKET CORPORATION 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SAN FRANCISCO MARKET NMTC C 38544 ACTUAL