Mission Economic Development Agency
Mission Economic Development Agency (MEDA) is a 501(c)(3) nonprofit organization based in San Francisco, California, rooted in the Mission District. Founded in 1976, MEDA advances economic mobility opportunities for low- and moderate-income families through integrated programs addressing housing, financial health, education, and community advocacy.
Key facts about Mission Economic Development Agency
- EIN
- 51-0187791
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,464,183
- Grants made (2024)
- 37
- Average grant
- $93,627
- Median grant
- $45,000
- Total assets
- $238,692,296
- Primary geography
- California (81% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Mission Economic Development Agency funds
By grant dollars, the top recipient states for Mission Economic Development Agency's 37 itemized 2024 grants were California (81%), North Carolina (12%) and District of Columbia (6%). The most frequent recipient cities were San Francisco, CA (20 grants) and Oakland, CA (2 grants). None of its 37 grants with a stated purpose were described as general or operating support. Recurring purposes include "Mission Promise Neighborhood Partner Network" (16 grants), "Small Business Coalition for Racial Justice" (11 grants) and "Seed Cooperative Program" (3 grants).
How Mission Economic Development Agency gives
- 24% of 2024 grantees were also funded in 2023. Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Mission Economic Development Agency
- How to evaluate Mission Economic Development Agency as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$238.7M
+13.4% YoY
Annual Giving
$3.5M
+650.4% YoY
Grant Count
37
+208.3% YoY
Avg Grant Size
$94K
+143.4% YoY
Mission & Focus Areas
MEDA's vision is to create generations of Mission District families and individuals thriving economically, excelling in education, launching businesses that create jobs, and driving policies that foster lasting prosperity.
The organization addresses systemic barriers including housing displacement, low wages, and high cost of living that keep families in poverty. Primary program areas include:
- Community Real Estate: Since 2014, MEDA has secured over 1,400 affordable housing units in its portfolio, stabilizing low- and moderate-income families, seniors, and transitional age youth.
- Financial Capability: Supporting financial health and asset building
- Jobs and Training: Workforce development programs
- Small Business Support: Small business loans and entrepreneurship assistance
- Educational Support: Programs to help youth and families access educational opportunities
- Community Advocacy: Policy advocacy to foster lasting prosperity
- Homebuying Assistance: Support for families seeking homeownership
- Eviction Defense: Services for San Francisco residents
Grantmaking
MEDA functions primarily as a service provider and community development organization rather than a traditional grantmaker. However, financial data indicates the organization distributes grants:
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Geographic Focus
Where this funder awards grants
MEDA's primary focus is San Francisco's Mission District, with particular emphasis on serving low- and moderate-income families and individuals in this community.
Grant Distribution by State
Share of all 37 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of most recent filing (2023-2024):
- Total assets: $238,692,296
- Total liabilities: $198,000,000
- Revenue (2023): $26,500,000
- Expenses (2023): $31,700,000
Organizational Rating: Three-Star rating with 79% overall score, indicating good accountability and financial management.
Audit Finding: An independent audit for fiscal year ending December 2023 identified a material weakness in internal controls related to financial data tracking and reporting.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $238,692,296 | $210,455,685 | $192,408,729 |
| Revenue | $24,953,956 | $26,474,112 | $26,896,587 |
| Expenses | $30,400,580 | $31,693,130 | $23,943,298 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $233,696 | $155,935 | $6,868 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
95 grants across all recorded years
Open Grants
1 open opportunity from Mission Economic Development Agency
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Rti International ($425,134), Promotoras Activas SF ($357,004), Homies Organizing the Mission to Empower Youth Homey ($313,054).
| Recipient | Purpose | Amount |
|---|---|---|
| RTI INTERNATIONAL Raleigh, NC | CALIFORNIA PROMISE NEIGHBORHOOD NETWORK | $425,134 |
| PROMOTORAS ACTIVAS SF San Francisco, CA | SEED COOPERATIVE AND TAX SEASON SUPPORT | $357,004 |
| HOMIES ORGANIZING THE MISSION TO EMPOWER YOUTH HOMEY San Francisco, CA | BUILDING IMPROVEMENTS FOR CULTURAL PLACEKEEPER | $313,054 |
| GOOD SAMARITAN FAMILY RESOURCE CENTER San Francisco, CA | MISSION PROMISE NEIGHBORHOOD PARTNER NETWORK | $236,805 |
| MISSION GRADUATES San Francisco, CA | MISSION PROMISE NEIGHBORHOOD PARTNER NETWORK | $236,000 |
| THE URBAN INSTITUTE Washington, DC | CALIFORNIA PROMISE NEIGHBORHOOD NETWORK | $217,976 |
| JAMESTOWN COMMUNITY CENTER San Francisco, CA | MISSION PROMISE NEIGHBORHOOD PARTNER NETWORK | $190,300 |
| FELTON INSTITUTE Alameda, CA | MISSION PROMISE NEIGHBORHOOD PARTNER NETWORK | $154,303 |
| MISSION NEIGHBORHOOD HEALTH CENTER San Francisco, CA | MISSION PROMISE NEIGHBORHOOD PARTNER NETWORK | $135,750 |
| INSTITUTO FAMILIAR DE LA RAZA INC San Francisco, CA | MISSION PROMISE NEIGHBORHOOD PARTNER NETWORK | $115,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Luis Granados: Chief Executive Officer
- Juan Mesa: Director of Marketing and Communications
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rafael Yaquian-Lllescas | Board Chair | 1 | — |
| Teresa Garcia | Vice Chair | 1 | — |
| Whitney Jones | Treasurer | 1 | — |
| Marco Chavarin | Secretary | 1 | — |
| Rich Gross | Member (From 3/24) | 1 | — |
| Kevin Stein | Member | 1 | — |
| Ysabel Duron | Member | 1 | — |
| Ed Cabrera | Member | 1 | — |
| Manuel Santamaria | Member (From 3/24) | 1 | — |
| Carina Marquez | Member | 1 | — |
| Teddy Gray King Vasquez | Member | 1 | — |
| Carolina Martinez | Member | 1 | — |
| Joyce Slen | Member (From 7/24) | 1 | — |
| Bianca Lopez | Member (From 7/24) | 1 | — |
| Antonio Isais | Member (From 9/24) | 1 | — |
| Jabari Herbert | Member (To 3/24) | 1 | — |
| Luis Granados | CEO | 40 | $422,985 |
| Jillian Spindle | Chief Strategy and Advance | 40 | $220,351 |
| Richard Raya | Cso | 40 | $50,111 |
| Berlina Ceguerra | COO | 40 | $201,452 |
| Pamela Benoit | CFO (To 9/24) | 40 | $240,397 |
| Carlos Ramirez | CFO from 09/24 | 40 | $190,692 |
| Jose Garcia | Chief Cre | 40 | $149,350 |
| Karoleen Feng | Senior Advisor to Cre | 40 | $205,860 |
| Dolores Terrazas | VP of Risk Management & Compliance | 40 | $165,754 |
| Elaine Yee | VP of Comm. Real Estate | 40 | $180,618 |
| Rajni Banthia | VP of Data, Analysis and Planning | 40 | $173,710 |
| Elizabeth Cortez | VP of MPN-Collective Impact | 40 | $159,439 |
| Ernesto Martinez | VP of Asseet Building Programs | 40 | $160,528 |
Contact Information
Address: Plaza Adelante, 2301 Mission Street, Suite 301, San Francisco, CA 94110
Phone: (415) 282-3334
Website: medasf.org | missionpromise.org
EIN: 51-0187791
Tax-exempt since: April 1976
Frequently Asked Questions
What does Mission Economic Development Agency fund?
MEDA's vision is to create generations of Mission District families and individuals thriving economically, excelling in education, launching businesses that create jobs, and driving policies that foster lasting prosperity. The organization addresses systemic barriers including housing displacement, low wages, and high cost of living that keep families in poverty. Primary program areas include: • **Community Real Estate**: Since 2014, MEDA has secured over 1,400 affordable housing units in its p…
How do I apply for a grant from Mission Economic Development Agency?
MEDA functions primarily as a service provider and community development organization rather than a traditional grantmaker. However, financial data indicates the organization distributes grants: • **Total giving**: $3,787,498 (most recent filing) • **Total assets**: $238,692,296 • **Typical award range**: $7,066–$425,134
Where does Mission Economic Development Agency make grants?
MEDA's primary focus is San Francisco's Mission District, with particular emphasis on serving low- and moderate-income families and individuals in this community.
What size grants does Mission Economic Development Agency award?
In 2024, Mission Economic Development Agency awarded 37 grants totaling $3.5M — an average of about $94K per grant, based on its IRS Form 990 filings.
What is Mission Economic Development Agency's EIN?
Mission Economic Development Agency's EIN (Employer Identification Number) is 51-0187791. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.