TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION

EIN: 942761808 501(c)(3) Housing & Shelter

SAN FRANCISCO, CA

Total Revenue
$29,590,908
Total Expenses
$28,521,920
Total Assets
$114,301,611
Net Assets
$74,460,867
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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CA
Principal Officer
ROXANNE HUEY
Phone
4157762151
Tax Period
2023-01-01 to 2023-12-31

TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION, founded in 1981, is a mid-sized nonprofit in the Housing & Shelter sector that reported $29.6M in total revenue in fiscal year 2023. Expenses of $28.5M left a modest 4% surplus.

Mission

TNDC'S MISSION IS TO DEVELOP COMMUNITY AND PROVIDE AFFORDABLE HOUSING AND SERVICES FOR PEOPLE WITH LOW INCOMES IN THE TENDERLOIN AND THROUGHOUT SAN FRANCISCO, TO PROMOTE EQUITABLE ACCESS TO OPPORTUNITY AND RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $8,290,060 Revenue: $6,967,024

PROPERTY MANAGEMENT (PM): THE PM DEPARTMENT PLAYS A CRUCIAL ROLE IN OVERSEEING THE DAY-TO-DAY OPERATIONS OF TNDC'S AFFORDABLE HOUSING COMMUNITIES ACROSS SAN FRANCISCO. COMMUNITIES RANGE FROM 8 TO 276...

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PROPERTY MANAGEMENT (PM): THE PM DEPARTMENT PLAYS A CRUCIAL ROLE IN OVERSEEING THE DAY-TO-DAY OPERATIONS OF TNDC'S AFFORDABLE HOUSING COMMUNITIES ACROSS SAN FRANCISCO. COMMUNITIES RANGE FROM 8 TO 276 UNITS IN SIZE FOR A TOTAL OF OVER 4,300 UNITS ACCOMMODATING INDIVIDUALS IN STUDIOS AND ONE-BEDROOM APARTMENTS, AND FAMILIES IN MULTI-BEDROOM APARTMENTS. THE PM DEPARTMENT ENSURES THAT PROPERTIES ARE SECURE, WELL-MAINTAINED, AND COMPLIANT WITH HEALTH AND SAFETY STANDARDS FOSTERING SAFE AND SUPPORTIVE COMMUNITIES. BY ADDRESSING TENANT NEEDS, COORDINATING REPAIRS, AND UPHOLDING QUALITY STANDARDS, PM SUPPORTS TNDC'S MISSION TO PROVIDE RESIDENTS WITH A SECURE AND STABLE HOME. THE PM DEPARTMENT CENTERS TENANT STABILITY BY WORKING WITH TNDC'S TENANT AND COMMUNITY SERVICES SOCIAL WORK TEAM TO PREVENT EVICTIONS AND INCREASE HOUSING RETENTION.

Program 2
Expenses: $4,710,954 Revenue: $1,402,830

TENANT & COMMUNITY SERVICES (TCS): SOCIAL WORK UNIT: IN 2023, 87% OF TNDC RESIDENTS RECEIVED INDIVIDUALIZED SERVICES FROM THEIR SOCIAL WORKER. TOP SERVICE CATEGORIES INCLUDE CASE MANAGEMENT, LINKAGES...

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TENANT & COMMUNITY SERVICES (TCS): SOCIAL WORK UNIT: IN 2023, 87% OF TNDC RESIDENTS RECEIVED INDIVIDUALIZED SERVICES FROM THEIR SOCIAL WORKER. TOP SERVICE CATEGORIES INCLUDE CASE MANAGEMENT, LINKAGES TO SUPPORT SERVICES, ACCESSING MEDICAL AND MENTAL HEALTH SERVICES, AND MEDIATING TENANT/PROPERTY MANAGEMENT RELATIONSHIPS. TNDC SOCIAL WORKERS PREVENTED 783 POSSIBLE EVICTIONS AND COMPLETED 625 RENT RELIEF APPLICATIONS IN 2023. LAST YEAR, 4,540 TENANTS RECEIVED VOLUNTARY INDIVIDUALIZED SERVICES FROM THEIR SOCIAL WORKER. SOCIAL WORKERS FACILITATE A WIDE VARIETY OF COMMUNITY ACTIVITIES THROUGHOUT THE YEAR INCLUDING WORKSHOPS AND INFORMATIONAL SESSIONS, PRODUCE DROPS, AND SUPPORT GROUPS. SOCIAL WORKERS ORGANIZED AND FACILITATED 1,423 ACTIVITIES FOR 4,501 UNDUPLICATED TENANTS. TNDC'S TENDERLOIN AFTER-SCHOOL PROGRAM (TASP): TASP PROVIDED PROGRAMMING TO OVER 200 CHILDREN (AGED 7 TO 18) AND THEIR FAMILIES, OFFERED SUMMER PROGRAMMING AND OUR TRADITIONAL MONDAY THROUGH FRIDAY DROP-IN AFTER SCHOOL PROGRAM SERVICES DURING THE SCHOOL YEAR. TASP DISTRIBUTED OVER $35K IN COLLEGE SCHOLARSHIPS FOR 16 FORMER TASP STUDENTS AND DELIVERED FREE FOOD BOXES FOR TASP FAMILIES EVERY WEEK. HEALTH & WELLNESS PROGRAM: IN 2023, 439,024 POUNDS OF FREE FOOD WERE GIVEN OUT AT OUR FOOD PANTRIES IN PARTNERSHIP WITH THE SF-MARIN FOOD BANK; WE ALSO DISTRIBUTE FOOD SOURCED FROM A LOCAL BIPOC GROCER "ARCADIO'S", AND DEEP MEDICINE'S "TE KWE A'NAA WAREP" FARM WHICH TRANSLATES TO HONOR MOTHER EARTH IN OHLONE. THE PANTRIES ARE NOT LIMITED TO JUST TNDC TENANTS BUT TO THE REST OF THE SURROUNDING COMMUNITIES. PANTRIES INCLUDE CENTRAL TENDERLOIN NEIGHBORHOOD PANTRY, SUPPORTIVE HOUSING PANTRY, WILLIE B. KENNEDY PANTRY, AND KAIN NA.

Program 3
Expenses: $7,659,697 Revenue: $5,187,596

HOUSING DEVELOPMENT (HD): IN 2023, TNDC PROGRESSED ON 13 AFFORDABLE HOUSING DEVELOPMENTS, TEN ARE NEW CONSTRUCTION AND REPRESENT 1,263 UNITS OF AFFORDABLE HOUSING FOR RESIDENTS INCLUDING SENIORS...

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HOUSING DEVELOPMENT (HD): IN 2023, TNDC PROGRESSED ON 13 AFFORDABLE HOUSING DEVELOPMENTS, TEN ARE NEW CONSTRUCTION AND REPRESENT 1,263 UNITS OF AFFORDABLE HOUSING FOR RESIDENTS INCLUDING SENIORS, TRANSITIONAL AGED YOUTH, AND FAMILIES WITH LOW INCOMES, INCLUDING SOME OF WHOM ARE HOMELESS, AND/OR HAVE SPECIAL NEEDS. THREE ARE REHABS OF TNDC PROPERTIES (ALL 3 NOW COMPLETED) REPRESENTING 256 UNITS OF SUPPORTIVE HOUSING. THIRTEEN OF TNDC'S NEWER BUILDINGS OPERATE 100% ON SOLAR ENERGY AND 17 BECAME GREEN CERTIFIED OR GREEN RATED. 2024 HIGHLIGHTS INCLUDE RENOVATING 224 SUPPORTIVE HOMES AT THE HISTORICAL RITZ AND AMBASSADOR HOTELS; OPENING 303 SUPPORTIVE HOMES IN THE COMPLETION OF 681 FLORIDA, 555 LARKIN, AND 180 JONES; BREAKING GROUND ON 98 HOME AT 4200 GEARY AND 160 HOMES AT 730 STANYAN; AND OPENING 203 AFFORDABLE HOMES AT 921 HOWARD, SAN FRANCISCO' TALLEST 100% AFFORDABLE HOUSING BUILDING.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,198,622
Program Service Revenue $14,453,355
Investment Income $240,066
Other Revenue $-301,135
TOTAL REVENUE $29,590,908

Expense Breakdown

Grants Paid $4,979,861
Salaries & Benefits $14,170,735
Fundraising Expenses $934,562
Program Expenses $21,939,843
Other Expenses $9,371,324
TOTAL EXPENSES $28,521,920

Year-over-Year Comparison

2023 2022 Change
Revenue $29,590,908 $27,581,250 +0.1%
Expenses $28,521,920 $23,489,323 +0.2%
Net Income $1,068,988 $4,091,927 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
556
Volunteers
59

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
9
$1,056,991
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIFFANY BOHEE SECRETARY 2.00
Officer Director
$0 $0 $0
SUSAN JOHNSON PRESIDENT 2.00
Officer Director
$0 $0 $0
TRACEY EDWARDS TREASURER 2.00
Officer Director
$0 $0 $0
KATHY ROCK DIRECTOR 2.00
Director
$0 $0 $0
KATHY WOLFE DIRECTOR 2.00
Director
$0 $0 $0
BIRUTE SKURDENIS DIRECTOR 2.00
Director
$0 $0 $0
JIM CERVANTES DIRECTOR 2.00
Director
$0 $0 $0
FERNANDO PUJALS VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JANE GRAF DIRECTOR 2.00
Director
$0 $0 $0
FREDDY MARTIN DIRECTOR 2.00
Director
$0 $0 $0
KENNETH KIM DIRECTOR 2.00
Director
$0 $0 $0
WYLIE LIU DIRECTOR 2.00
Director
$0 $0 $0
MARK COUTIER DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL VUONG DIRECTOR 2.00
Director
$0 $0 $0
DAVE KROOT CHIEF LEGAL OFFICER 2.00
Officer Director
$0 $0 $0
GORDON LEUNG CHIEF PORTFOLIO OFFICER 32.00
Officer
$179,443 $20,338 $199,781
KATHERINE LAMOUNT COO 32.00
Officer
$217,346 $27,648 $244,994
ROXANNE HUEY CFO 32.00
Officer
$243,772 $19,568 $263,340
MAURILIO LEON CEO 32.00
Officer
$328,528 $20,348 $348,876
WENDY CHAN SENIOR DIRECTOR OF FINANCE 32.00
Highest
$193,960 $16,460 $210,420
THOMAS WALSH DIRECTOR OF SAFETY AND RISK MANAGEMENT 32.00
Highest
$164,169 $8,904 $173,073
YVETTE ROBINSON SENIOR DIRECTOR OF TENANT 32.00
Highest
$217,721 $17,370 $235,091
CHRISTOPHER CUMMINGS DIRECTOR OF HOUSING DEVELOPMENT 32.00
Highest
$183,382 $18,006 $201,388
DELENE RANKIN DIRECTOR OF COMMUNITY SERVICE 32.00
Highest
$169,938 $17,564 $187,502
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
2024 No data No data No data No data
2023 $29,590,908 $28,521,920 $114,301,611 $1,068,988
2022 $27,581,250 $23,489,323 $110,662,599 $4,091,927
2021 $42,280,090 $29,277,882 $105,200,928 $13,002,208
2020 $36,824,707 $26,058,384 $97,164,733 $10,766,323
2019 $25,090,239 $21,268,157 $79,074,227 $3,822,082
2018 $27,274,903 $18,267,008 $76,053,608 $9,007,895
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