Terner Housing Innovation Labs Inc
TO EDUCATE THE PUBLIC AND PROMOTE PRIVATE AND PUBLIC INNOVATION AND RESEARCH TO INCREASE ACCESS TO QUALITY HOUSING IN THE U.S. THAT IS AFFORDABLE TO ALL.
Key facts about Terner Housing Innovation Labs Inc
- EIN
- 85-2274605
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $375,000
- Grants made (2024)
- 5
- Average grant
- $75,000
- Median grant
- $75,000
- Total assets
- $5,997,936
- Primary geography
- California (60% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Terner Housing Innovation Labs Inc funds
By grant dollars, the top recipient states for Terner Housing Innovation Labs Inc's 5 itemized 2024 grants were California (60%), Washington (20%) and Florida (20%). None of its 5 grants with a stated purpose were described as general or operating support.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.0M
+57.6% YoY
Annual Giving
$375K
-16.7% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$75K
+0.0% YoY
About Terner Housing Innovation Labs Inc
Based on IRS filings
Terner Housing Innovation Labs Inc is a nonprofit organization focused on Housing & Shelter, based in Oakland, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6.0M in total assets. In 2024, it awarded 5 grants totaling $375K. Net investment income was $110K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,997,936 | $3,805,078 | $1,261,706 |
| Revenue | $4,752,799 | $3,330,118 | $1,700,786 |
| Expenses | $2,776,146 | $1,824,070 | $850,567 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $110,321 | $9,641 | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Open Grants
2 open opportunities from Terner Housing Innovation Labs Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include A New Way of Life ($75,000), Housing Connector ($75,000), Credevolv ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A NEW WAY OF LIFE Los Angeles, CA | TO SUPPORT THE ORGANIZATION (GRANTEE) IN ADVANCING THE ORGANIZATION'S INNOVATIVE APPROVAL TO IMPROVE HOUSING AFFORDABILITY, EQUITY, AND SUSTAINABILITY. | $75,000 |
| HOUSING CONNECTOR Seattle, WA | TO ADVANCE INNOVATIVE HOUSING SOLUTIONS IN ORDER TO SUPPORT TERNER LABS' CHARITABLE MISSION TO PROMOTE PRIVATE AND PUBLIC INNOVATION TO INCREASE ACCESS TO QUALITY AFFORDABLE HOUSING IN THE UNITED STATES | $75,000 |
| CREDEVOLV Naples, FL | TO SUPPORT THE ORGANIZATION (GRANTEE) IN ADVANCING THE ORGANIZATION'S INNOVATIVE APPROVAL TO IMPROVE HOUSING AFFORDABILITY, EQUITY, AND SUSTAINABILITY. TO SUPPORT THE ORGANIZATION (GRANTEE) IN ADVANCING THE ORGANIZATION'S INNOVATIVE APPROVAL TO IMPROVE HOUSING AFFORDABILITY, EQUITY, AND SUSTAINABILITY. | $75,000 |
| KIT SWITCH San Francisco, CA | TO SUPPORT THE ORGANIZATION (GRANTEE) IN ADVANCING THE ORGANIZATION'S INNOVATIVE APPROVAL TO IMPROVE HOUSING AFFORDABILITY, EQUITY, AND SUSTAINABILITY. | $75,000 |
| REVALUEIO Oakland, CA | TO SUPPORT THE ORGANIZATION (GRANTEE) IN ADVANCING THE ORGANIZATION'S INNOVATIVE APPROVAL TO IMPROVE HOUSING AFFORDABILITY, EQUITY, AND SUSTAINABILITY. | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carol Galante | Board Chair | 1 | — |
| Ophelia Basgal | Treasurer & Secretary | 1 | — |
| Catherine Bracy | Director | 1 | — |
| Adam Briones | Director | 1 | — |
| Alexander Lofton | Director | 1 | — |
| Priya Jayachandran | Director | 1 | — |
| Ben Metcalf | CEO | 6 | $38,094 |
| Alexander Casey | Director, Data Lab | 40 | $149,665 |
| Kara Murray-Badal | Director, Housing Lab | 40 | $148,335 |
| Michelle Boyd | Cso | 40 | $130,275 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Terner Housing Innovation Labs Inc?
Terner Housing Innovation Labs Inc is a nonprofit organization focused on Housing & Shelter, based in Oakland, CA. It holds $6.0M in total assets as of 2024.
How large is Terner Housing Innovation Labs Inc?
As of 2024, Terner Housing Innovation Labs Inc holds $6.0M in total assets with $4.8M in annual revenue. It awarded 5 grants totaling $375K in 2024.
Where does Terner Housing Innovation Labs Inc operate?
Terner Housing Innovation Labs Inc has awarded grants in California, Colorado, Florida, Georgia, Maryland, Missouri, New York, Pennsylvania, Washington.
What size grants does Terner Housing Innovation Labs Inc award?
In 2024, Terner Housing Innovation Labs Inc awarded 5 grants totaling $375K — an average of about $75K per grant, based on its IRS Form 990 filings.
What is Terner Housing Innovation Labs Inc's EIN?
Terner Housing Innovation Labs Inc's EIN (Employer Identification Number) is 85-2274605. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.