SOMA WEST COMMUNITY BENEFIT DISTRICT

EIN: 834557886 501(c)(3) Community Improvement

San Francisco, CA

Total Revenue
$4,863,425
Total Expenses
$4,353,608
Total Assets
$5,074,231
Net Assets
$4,699,109
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
Ryan Dick
Tax Period
2023-07-01 to 2024-06-30

SOMA WEST COMMUNITY BENEFIT DISTRICT, founded in 2019, is a community nonprofit in the Community Improvement sector that reported $4.9M in total revenue in fiscal year 2023. Expenses of $4.4M left a modest 10% surplus.

Mission

SOMA West Community Benefit Districts primary exempt purpose is to advance the common good, general welfare, and quality of life of all San Franciscans and visitors to San Francisco by enhancing environmental quality and beauty in the District, and... (continued on Schedule O)

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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 (2023)

Revenue Breakdown

Contributions & Grants $252,600
Program Service Revenue $4,609,790
Investment Income $1,035
Other Revenue $0
TOTAL REVENUE $4,863,425

Expense Breakdown

Grants Paid $12,550
Salaries & Benefits $2,573,751
Fundraising Expenses $28,172
Program Expenses $3,912,210
Other Expenses $1,767,307
TOTAL EXPENSES $4,353,608

Year-over-Year Comparison

2023 2022 Change
Revenue $4,863,425 $4,610,845 +0.1%
Expenses $4,353,608 $3,758,358 +0.2%
Net Income $509,817 $852,487 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
24
Independent Members
24
Employees
39
Volunteers
24

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
4
$0
Total Directors
24
$0
Key Employees
1
$269,232
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christian Martin Executive Director 40.00
Key Emp
$238,399 $30,833 $269,232
Jesse Tepper Board Member 1.00
Director
$0 $0 $0
Katie Mckee Board Member 1.00
Director
$0 $0 $0
Lisa Creed Board Member 1.00
Director
$0 $0 $0
Michelle Petersen Board Member 1.00
Director
$0 $0 $0
Brian King Board Member 1.00
Director
$0 $0 $0
Laura Kudritski Board Member 1.00
Director
$0 $0 $0
Laura Hilgart Board Member 1.00
Director
$0 $0 $0
Mark Morozumi Board Member 1.00
Director
$0 $0 $0
Theo Cincotta Board Member 1.00
Director
$0 $0 $0
Patrick Eggen Board Member 1.00
Director
$0 $0 $0
Stuart Collins Board Member 1.00
Director
$0 $0 $0
Tova Lobatz Board Member 1.00
Director
$0 $0 $0
Carla Laurel Board Member 1.00
Director
$0 $0 $0
DeeDee Crosset Board Member 1.00
Director
$0 $0 $0
Adam Mesnick Board Member 1.00
Director
$0 $0 $0
Brandon McGanty Board Member 1.00
Director
$0 $0 $0
Carolyn Caldwell Board Member 1.00
Director
$0 $0 $0
Kevin Bixler Board Member 1.00
Director
$0 $0 $0
Henry Karnilowics Board Member 1.00
Director
$0 $0 $0
Randy Maupin Board Member 1.00
Director
$0 $0 $0
Ryan Dick President 2.00
Officer Director
$0 $0 $0
Alex Ludlum Vice President 2.00
Officer Director
$0 $0 $0
Barry Synoground Secretary 1.00
Officer Director
$0 $0 $0
Brendan Tobin Treasurer 2.00
Officer 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 No data No data No data No data
2024 $4,863,425 $4,353,608 $5,074,231 $509,817
2023 $4,610,845 $3,755,435 $4,512,666 $855,410
2022 $4,015,333 $3,602,789 $3,654,043 $412,544
2021 $4,095,566 $3,256,756 $3,212,262 $838,810
2020 $3,845,085 $1,755,200 $2,440,483 $2,089,885
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