Tenderloin Neighborhood Development Corporation
Tenderloin Neighborhood Development Corporation reported $37.0 million in revenue and $30.8 million in expenses for calendar year 2024. Of every $100 it spent, $77.23 went to program services, $19.09 to management and general costs and $3.68 to fundraising. Its largest source of revenue was contributions and grants: 63.6% of the total. Government grants made up 6.5%. The highest compensation it reported for one person was $313,488 (CFO AND INTERIM CO-CEO). 53 people received more than $100,000 in reportable compensation. Revenue rose 47% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $31MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $37M- Contributions & grants (non-government)$56.62 $21M
- Government grants$6.39 $2.4M
- Program service revenue$35.99 $13M
- Investment income$1.00 $373K
Other revenue was negative: −$373K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 77.2% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.1% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.7% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 63.6% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.5% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 36.4% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $313,488 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.02% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 53 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 31.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 15 of 15 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseProperty 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…
Tenant & community services (tcs): social work unit: in 2024, 96% of tndc residents received individualized services from their social worker, and provided 1,280 referrals to tenants, 80% of which resulted in successful linkages. Top service categories include case management, accessing medical and mental health services, and mediating tenant/property management relationships. 94% of residents maintained housing for a minimum of 12 months (or moved into other permanent locations). Last year,5,137tenants receivedvoluntaryindividualized services from their social worker. Social workers…
Housing development (hd): in 2024, tndc progressed on 10 affordable housing developments, 7 are new construction and represent 801 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 representing 159 units of affordable housing, 32 of which were completed in 2024 and 47 units began construction. 2024 highlights include opening 70 new supportive housing at 180 jones in the tenderloin; and breaking ground on 90 homes at 2550 irving…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CFO AND INTERIM CO-CEO Officer, 32.00 hrs/week | $285,918 | $0 | $27,570 | $313,488 |
| COO AND INTERIM CO-CEO Officer, 32.00 hrs/week | $272,780 | $0 | $31,692 | $304,472 |
| CFDS OFFICER Highest compensated employee, 32.00 hrs/week | $201,667 | $0 | $0 | $201,667 |
| DIRECTOR OF HOUSING DEVELOPMENT Highest compensated employee, 32.00 hrs/week | $185,222 | $0 | $10,757 | $195,979 |
| ASSOCIATE DIRECTOR OF HOUSING DEVELOPMENT Highest compensated employee, 32.00 hrs/week | $157,423 | $0 | $25,823 | $183,246 |
| CHIEF PORTFOLIO OFFICER Officer, 32.00 hrs/week | $171,489 | $0 | $9,733 | $181,222 |
| CONTROLLER Highest compensated employee, 32.00 hrs/week | $171,343 | $0 | $5,254 | $176,597 |
| DIRECTOR OF SAFETY AND RIS Highest compensated employee, 32.00 hrs/week | $164,644 | $0 | $8,397 | $173,041 |
53 people received more than $100,000 in reportable compensation from Tenderloin Neighborhood Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $970K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5609
- Volunteers Part I, line 664
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| SCT CONSULTING LLC DBA TENISITECH It consultant | $697,737 |
| REUSEO LLC Trash waste management | $660,068 |
| BAY VALLEY SECURITY Security | $311,220 |
| GRANITE TELECOMMUNICATION LLC Telephone and communication | $279,811 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
20 private foundations reported grants to Tenderloin Neighborhood Development Corporation totaling $2.1M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Tenderloin Neighborhood Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Tenderloin Neighborhood Development Corporation, you can publish a response that is linked from this page.
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Of every $100 Tenderloin Neighborhood Development Corporation spent in 2024, $77.23 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in California
Questions people ask
How much of Tenderloin Neighborhood Development Corporation's spending goes to programs?
In calendar year 2024, Tenderloin Neighborhood Development Corporation reported that 77.2% of its $30.8 million in expenses went to program services, 19.1% to management and general and 3.7% to fundraising (Form 990, Part IX).
How much does Tenderloin Neighborhood Development Corporation pay its top executive?
The largest total compensation Tenderloin Neighborhood Development Corporation reported for one person in calendar year 2024 was $313,488, for the role of CFO AND INTERIM CO-CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Tenderloin Neighborhood Development Corporation get its money?
Of $37.0 million in revenue in calendar year 2024, 63.6% came from contributions and grants (including 6.5% from government grants) and 36.4% from program service revenue (Form 990, Part VIII).
Is Tenderloin Neighborhood Development Corporation a registered charity?
The IRS lists EIN 94-2761808 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533219349327143 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202443209349322844 · read the filing
- 2022: Form 990 for calendar year 2022, object 202333199349322798 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223189349317312 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113169349313416 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003189349308680 · read the filing
All filings for EIN 94-2761808: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.