GLAD TIDINGS COMMUNITY DEVELOPMENT

EIN: 680276554 501(c)(3) Housing & Shelter

Hayward, CA

Total Revenue
$1,715,646
Total Expenses
$913,084
Total Assets
$6,069,181
Net Assets
$5,243,693
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
CA
Phone
5107832225
Tax Period
2024-10-01 to 2025-09-30

GLAD TIDINGS COMMUNITY DEVELOPMENT, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $803K, a strong 47% operating margin.

Mission

Glad Tidings Community Development Corporations mission is to preserve, strengthen and empower our families, households, residents and community by increasing economic development, promoting safe and healthy neighborhoods, providing well-maintained affordable housing.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,630,827
Program Service Revenue $84,819
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,715,646

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $198,329
Fundraising Expenses $0
Program Expenses $876,483
Other Expenses $711,755
TOTAL EXPENSES $913,084

Year-over-Year Comparison

2024 2023 Change
Revenue $1,715,646 $1,976,918 -0.1%
Expenses $913,084 $951,777 0.0%
Net Income $802,562 $1,025,141 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
5
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$18,000
Total Directors
12
$18,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Edmunds Treasurer Secretary 30.00
Officer Director
$18,000 $0 $18,000
Larry Moody Board Chairman 2.00
Director
$0 $0 $0
Sean Evans Board Member 1.00
Director
$0 $0 $0
Benita McLarin Board Member 1.00
Director
$0 $0 $0
Aaron Macklin Board Member 1.00
Director
$0 $0 $0
Marion Harris Board Member 1.00
Director
$0 $0 $0
Larry Smith Board Member 1.00
Director
$0 $0 $0
Shawn Dennis Board Member 1.00
Director
$0 $0 $0
Charles Grady Board Member 1.00
Director
$0 $0 $0
Ann Nutt Board Member 1.00
Director
$0 $0 $0
LaTanya Bellow Board Member 1.00
Director
$0 $0 $0
Jerry Macklin Advisory Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,715,646 $913,084 $6,069,181 $802,562
2024 $1,976,918 $951,777 $5,142,136 $1,025,141
2023 $1,603,990 $762,979 $3,884,678 $841,011
2022 $1,650,805 $692,363 $3,308,959 $958,442
2021 $543,433 $522,184 $1,369,981 $21,249
2020 $231,842 $298,443 $1,324,958 $-66,601
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