NORTH AND SOUTH OF MARKET ADULT DAY HEALTH CORPORATION

EIN: 942915039 501(c)(3) Human Services

SAN FRANCISCO, CA

Total Revenue
$11,047,159
Total Expenses
$9,142,772
Total Assets
$9,877,704
Net Assets
$8,631,223
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CA
Principal Officer
BRUCE CARP
Phone
4159746784
Tax Period
2024-07-01 to 2025-06-30

NORTH AND SOUTH OF MARKET ADULT DAY HEALTH CORPORATION, founded in 1983, is a mid-sized nonprofit in the Human Services sector that reported $11.0M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.9M, a strong 17% operating margin.

Mission

STEPPINGSTONE SUPPORTS INDEPENDENT LIVING FOR ELDERS AND ADULTS WITH (CONT. ON SCH. O) MEDICAL CHALLENGES THROUGH A DAY HEALTH PROGRAM THAT OPTIMIZES THE PHYSICAL AND PSYCHO-SOCIAL WELL-BEING OF SAN FRANCISCO'S CULTURALLY DIVERSE COMMUNITY.

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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 $2,748,612
Program Service Revenue $8,136,851
Investment Income $154,813
Other Revenue $6,883
TOTAL REVENUE $11,047,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,914,461
Fundraising Expenses $287,028
Program Expenses $7,637,266
Other Expenses $2,228,311
TOTAL EXPENSES $9,142,772

Year-over-Year Comparison

2024 2023 Change
Revenue $11,047,159 $9,453,333 +0.2%
Expenses $9,142,772 $8,516,503 +0.1%
Net Income $1,904,387 $936,830 +1.0%
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
12
Independent Members
12
Employees
137
Volunteers
20

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
5
$270,001
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTY SHON PRESIDENT 2.00
Officer Director
$0 $0 $0
EMMA WHITE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRUCE CARP TREASURER 2.00
Officer Director
$0 $0 $0
DAVID SOHN SECRETARY 2.00
Officer Director
$0 $0 $0
JOANA FONG DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA JUNG DIRECTOR 1.00
Director
$0 $0 $0
RICHARD KIRR DIRECTOR 1.00
Director
$0 $0 $0
YOUNG KO DIRECTOR 1.00
Director
$0 $0 $0
GEORGE LIU DIRECTOR 1.00
Director
$0 $0 $0
MAELIN WANG DIRECTOR 1.00
Director
$0 $0 $0
PETER WEI DIRECTOR 1.00
Director
$0 $0 $0
DENNIS WONG DIRECTOR 1.00
Director
$0 $0 $0
JANE YANG DIRECTOR (THRU 07/24) 1.00
Director
$0 $0 $0
DANIEL GALLAGHER CEO 40.00
Officer
$259,077 $10,924 $270,001
PATRICIA GATEWOOD REGISTERED NURSE 40.00
Highest
$122,190 $106 $122,296
MADELEINE BARRY PROGRAM DIRECTOR 40.00
Highest
$119,045 $7,362 $126,407
CHIN-SHUN WU NURSE 40.00
Highest
$119,386 $18,197 $137,583
JOSE MOISES IQUITE REGISTERED NURSE 40.00
Highest
$120,053 $1,023 $121,076
DIANA ALMANZA DIRECTOR OF SERVICES AND OUTREACH 40.00
Highest
$137,830 $17,676 $155,506
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 $11,047,159 $9,142,772 $9,877,704 $1,904,387
2024 $9,453,333 $8,516,503 $8,351,614 $936,830
2023 $6,236,169 $6,841,701 $5,704,016 $-605,532
2022 $7,231,504 $5,665,102 $5,739,856 $1,566,402
2021 $6,475,891 $4,285,656 $4,937,265 $2,190,235
2020 $5,573,367 $4,725,247 $2,773,225 $848,120
2019 $5,403,772 $5,284,125 $1,058,807 $119,647
2018 $4,423,556 $4,772,328 $1,045,547 $-348,772
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