Openhouse

EIN: 943337955 501(c)(3) Housing & Shelter

San Francisco, CA

Total Revenue
$5,451,822
Total Expenses
$5,766,283
Total Assets
$11,273,481
Net Assets
$10,589,977
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
Mark Buchanan
Phone
4152968995
Tax Period
2024-07-01 to 2025-06-30

Openhouse, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $5.5M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

Openhouse enables San Francisco Bay Area LGBTQ+ seniors to overcome the unique challenges they face as they age by providing housing, direct services and community programs. (continued on Schedule O)

Program Service Accomplishments

Program 1
Expenses: $2,470,274

Community Engagement: To ameliorate social and environmental conditions that may serve as barriers for LGBTQ seniors, Openhouse organizes over 100 hours per month of intellectually stimulating...

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Community Engagement: To ameliorate social and environmental conditions that may serve as barriers for LGBTQ seniors, Openhouse organizes over 100 hours per month of intellectually stimulating activities and opportunities that bring LGBTQ+ older adults together to meet each other, reduce social isolation and enhance their quality of life. Activities include game days, bi-weekly and monthly lunches, movie screenings, museum tours and other outings, general discussion groups, financial planning seminars, and arts and writing workshops.(Continued on Schedule O)

Program 2
Expenses: $1,138,383

Community Support Services: Under the Openhouse Community Support Services Department, 55 Laguna and its neighboring building, 95 Laguna are uniquely designed to support LGBTQ+ seniors. Both...

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Community Support Services: Under the Openhouse Community Support Services Department, 55 Laguna and its neighboring building, 95 Laguna are uniquely designed to support LGBTQ+ seniors. Both buildings were established through a partnership between Mercy Housing, a nonprofit housing developer, and Openhouse a community nonprofit that serves LGBTQ+ seniors. Through this partnership, Mercy Housing provides property management and resident services, and Openhouse provides a range of activities and services for LGBTQ+ seniors that honor and affirm their experience and create a safe home environment within community. Openhouse also provides case management for Continuum of Care participants of all genders, sexual identities and expressions who live on site. (Continued on Schedule O)

Program 3
Expenses: $771,937

Strategic Partnerships: The Strategic Partnerships and Training department aims to transform the existing infrastructure of aging clinical and social services in a multi-pronged approach. Strategic...

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Strategic Partnerships: The Strategic Partnerships and Training department aims to transform the existing infrastructure of aging clinical and social services in a multi-pronged approach. Strategic partners are organizations with a demonstrated commitment to transforming their existing expertise to better serve LGBTQ+ older adults and adults with disabilities. An example of a strategic partner is the existing partnership with On Lok, a highly recognized community-based healthcare organization who are creators of the PACE healthcare model. Together, we co-created the first-of-its-kind adult day program, for and by the LGBTQ+ community. This kind of transformational work is a powerful component gleaned from our training work. Our DAS funded training and transformational work is responsible for executing robust interactive learning experiences to agencies, organizations, and non-profits to adapt their expertise to become inclusive to older adults who happen to be LGBTQ+. We provide assessment tools for skilled nursing and residential care facilities, adapt and tailor trainings to clinicians, social workers, and other providers all in the aim to inform culturally competent clinical and social services for our elders in San Francisco and beyond.

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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 $5,155,912
Program Service Revenue $206,317
Investment Income $239,713
Other Revenue $-150,120
TOTAL REVENUE $5,451,822

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,928,860
Fundraising Expenses $836,402
Program Expenses $4,380,594
Other Expenses $1,805,110
TOTAL EXPENSES $5,766,283

Year-over-Year Comparison

2024 2023 Change
Revenue $5,451,822 $6,897,806 -0.2%
Expenses $5,766,283 $5,562,018 +0.0%
Net Income $-314,461 $1,335,788 -1.2%
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
13
Independent Members
12
Employees
52
Volunteers
389

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
7
$447,565
Total Directors
13
$22,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen Sullivan Exec Director 40.00
Officer
$248,766 $15,200 $263,966
Matthew Cimino Dir Fin & Ops 40.00
Officer
$145,414 $15,685 $161,099
Danielle Soto Deputy Director 40.00
$147,500 $7,488 $154,988
Sylvia Vargas Dir Comm Engagemen 40.00
$112,115 $19,647 $131,762
Carrie Schell Dir CommSupportSvc 40.00
$108,066 $13,229 $121,295
Vinly Eng Interim ED 20.00
Officer Director
$22,500 $0 $22,500
Mark Buchanan Co-Chair 6.00
Officer Director
$0 $0 $0
Michael Lieberman Secretary 4.00
Officer Director
$0 $0 $0
Steve Vettel Treasurer 4.00
Officer Director
$0 $0 $0
Shireen McSpadden Co-Chair 4.00
Officer Director
$0 $0 $0
Maite Echaniz Director 4.00
Director
$0 $0 $0
Maritza Penagos Director 4.00
Director
$0 $0 $0
Grace Huntley Director 2.00
Director
$0 $0 $0
Margaret Mak Director 2.00
Director
$0 $0 $0
Rachel Kamen Director 2.00
Director
$0 $0 $0
Oriol PiMiloro Director 2.00
Director
$0 $0 $0
Clinton Yara Director 2.00
Director
$0 $0 $0
Billy Curtis Director 2.00
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 $5,451,822 $5,766,283 $11,273,481 $-314,461
2024 $6,897,806 $5,562,018 $11,748,697 $1,335,788
2023 $5,070,814 $4,749,702 $10,300,500 $321,112
2022 $5,153,622 $4,519,251 $10,028,817 $634,371
2021 $4,279,531 $3,720,946 $9,740,301 $558,585
2020 $4,327,284 $2,696,475 $8,307,270 $1,630,809
2019 $5,233,380 $2,259,692 $7,104,588 $2,973,688
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