Nonprofit · EIN 94-2408519
TENANTS AND OWNERS DEVELOPMENT CORPORATION
Also known as TODCO
Tax-exempt · SAN FRANCISCO, CA 94103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,330,759 | $8,266,506 | -$935,747 | $41,618,801 | $6,320,817 | $35,297,984 |
| June 30, 2024 | 990 | $6,655,249 | $7,713,540 | -$1,058,291 | $42,681,244 | $6,517,935 | $36,163,309 |
| June 30, 2023 | 990 | $5,545,664 | $7,892,931 | -$2,347,267 | $43,790,318 | $6,552,000 | $37,238,318 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,040,707
- of which government grants
- $654,645
- Program service revenue
- $3,659,750
- Investment income
- $561,684
- Net rental income
- $68,618
- Other revenue
- $68,618
Expenses
- Grants and similar amounts paid
- $410,498
- Compensation of officers, directors and key employees
- $844,914
- Other salaries and wages
- $3,609,979
- Salaries, compensation and benefits (total)
- $5,758,751
- Professional fundraising fees
- $0
- Occupancy
- $8,519
- Depreciation
- $181,156
- Program services (functional)
- $5,215,719
- Management and general (functional)
- $3,050,787
Balance sheet and other
- Total assets, start of year
- $42,681,244
- Total assets, end of year
- $41,618,801
- Total liabilities, end of year
- $6,320,817
- Net assets, end of year
- $35,297,984
- Land, buildings and equipment
- $3,661,097
- Net assets without donor restrictions
- $35,283,467
- Net assets with donor restrictions
- $14,517
- Gross receipts
- $7,511,902
- Employees
- 35
- Volunteers
- 8
- Year formed
- 1971
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANNA YEE | CEO Officer | 20 | $350,922 | $29,861 |
| JOHN ELBERLING | PRESIDENT Officer | 15 | $235,839 | $60,651 |
| PETRA IP | DIRECTOR OF RESIDENT LIFE Key employee | 40 | $160,668 | $40,142 |
| PETER S STEVENS | COMMUNITY ADVOCATE Key employee | 40 | $172,732 | $16,195 |
| SHERRY R JONES | ARTS PROGRAM MANAGER Key employee | 40 | $152,944 | $27,514 |
| SAN TRAN | SENIOR ACCOUNTANT Key employee | 40 | $153,088 | $24,806 |
| ANDRES P MENDEZ | PUBLIC MEDIA MANAGER Key employee | 40 | $152,072 | $15,210 |
| VIRGINIA GRANDI | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $147,089 | $18,697 |
| JANET LIU | SOCIAL WORK SUPERVISOR Highest-paid employee | 40 | $126,284 | $35,664 |
| ANITA GOMEZ | RSAP OPERATIONS MANAGER Highest-paid employee | 40 | $126,539 | $32,401 |
| MANDY YEUK CHAU | ACCOUNTANT Highest-paid employee | 40 | $117,092 | $32,966 |
| GLENN RONCAL | DIRECTOR OF IT Highest-paid employee | 40 | $111,632 | $30,726 |
| KAREN GANSEN | DIRECTOR OF FINANCE Officer | 15 | $117,953 | $24,344 |
| HECTOR BURGOS | DIRECTOR OF HOUSING DEVELOPMENT Officer | 20 | $120,093 | $7,795 |
| ALICIA DUKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| APRIL CONCEPCION ANG | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| DORA LEE | TREASURER Trustee or director, Officer | 1 | $0 |
| DON FALK | SECRETARY Trustee or director, Officer | 1 | $0 |
| ALBERT GILBERT III | DIRECTOR Trustee or director | 1 | $0 |
| ALLAN MANALO | DIRECTOR Trustee or director | 1 | $0 |
| MISHA OLIVAS | DIRECTOR Trustee or director | 1 | $0 |
| DOUG ENGMANN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOHN ELBERLING | PRESIDENT Officer | 20 | $314,178 | $60,651 |
| ANNA YEE | CEO Officer | 20 | $342,076 | $29,861 |
| HECTOR BURGOS | DIRECTOR OF HOUSING DEVELOPMENT Officer | 20 | $219,851 | $44,514 |
| JONATHAN JACOBO | DIR. COMMUNITY DEVELOPMENT Highest-paid employee | 40 | $203,947 | $17,306 |
| PETRA IP | DIRECTOR OF RESIDENT LIFE Highest-paid employee | 40 | $145,795 | $38,096 |
| SHERRY R JONES | ARTS PROGRAM MANAGER Highest-paid employee | 40 | $147,985 | $25,592 |
| SAN TRAN | SENIOR ACCOUNTANT Highest-paid employee | 40 | $143,029 | $23,395 |
| VIRGINIA GRANDI | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $142,764 | $17,105 |
| KAREN GANSEN | DIRECTOR OF FINANCE Officer | 40 | $114,042 | $23,055 |
| ALICIA DUKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HENRY IZUMAZAKI-LEFT ON 11123 | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| APRIL CONCEPCION ANG | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALBERT GILBERT III | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DON FALK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DORA LEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALLAN MANALO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MISHA OLIVAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUG ENGMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ANNA YEE | CEO Officer | 20 | $330,180 | $0 | $37,493 |
| JOHN ELBERLING | PRESIDENT Officer | 20 | $249,117 | $28,158 | $56,398 |
| HECTOR BURGOS | ASSISTANT SECRETARY Officer | 20 | $213,683 | $0 | $44,299 |
| BARBARA LOPEZ | DIRECTOR OF COMMUNITY ENGAGEMENT Highest-paid employee | 40 | $191,652 | $0 | $30,452 |
| JONATHAN JACOBO | DIR. ENGAGEMENT AND PUBLIC Highest-paid employee | 40 | $191,724 | $0 | $16,653 |
| DEBBIE ROBINSON | SOCIAL WORKER SUPERVISOR Highest-paid employee | 40 | $134,015 | $0 | $29,265 |
| SAN TRAN | SENIOR ACCOUNTANT Highest-paid employee | 40 | $135,362 | $0 | $22,659 |
| VIRGINIA GRANDI | YERBA BUENA COMMUNITY ADVO Highest-paid employee | 40 | $131,089 | $0 | $16,209 |
| KAREN GANSEN | ASSISTANT SECRETARY Officer | 40 | $96,045 | $0 | $19,203 |
| ALICIA DUKE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BERNADETTE SY-LEFT ON 42423 | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HENRY IZUMAZAKI | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| APRIL CONCEPCION | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALBERT GILBERT III | SECRETARY Trustee or director | 1 | $0 | $0 | $0 |
| DON FALK | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DORA LEE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ALLAN MANALO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MISHA OLIVAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 230 4TH ST, SAN FRANCISCO, CA 94103-3117
- Principal officer (990 for 2024)
- ERIC TAO, 230 FOURTH STREET, SAN FRANCISCO, CA 94103
- Signed the 990
- ERIC TAO, CEO
- Phone
- (415) 896-1880
- Return prepared by
- LINDQUIST VON HUSEN & JOYCE LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 94-2408519 or by the name TENANTS AND OWNERS DEVELOPMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO PROVIDE AFFORDABLE HOUSING RESIDENT SERVICES AND COMMUNITY ADVOCACY FOR THE SOUTH OF MARKET NEIGHBORHOOD IN SAN FRANCISCO.
Program accomplishments
- RESIDENTIAL SERVICE PROGRAM - FUNDS USED TO PROVIDE INEXPENSIVE DAILY MEALS AND RECREATION EVENTS TO SENIOR RESIDENTS FOR TODCO'S OWNED WOOLF HOUSE III PROJECT AS WELL AS ITS AFFILIATED PROJECTS: WOOLF HOUSE I & II, CEATRICE POLITE, MENDELSOHN HOUSE, LELAND APARTMENTS, COLEMAN HOUSE, KNOX SRO, ISABEL SRO AND BAYANIHAN SRO HOUSING PROJECTS FOR THE LOW INCOME AND ELDERLYExpenses $2,801,012 · revenue $2,415,724
- WOOLF HOUSE III - FUNDS USED FOR OPERATING 30 HOUSING UNITS FOR THE LOW INCOME FRAIL ELDERLY IN SAN FRANCISCO.Expenses $624,501 · revenue $482,282
- 6TH STREET PHOTOGRAPHY WORKSHOP - FUNDS USED FOR OPERATION OF A PHOTOGRAPHY WORKSHOP PROGRAM FOR THE BENEFIT OF THE NEIGHBORHOOD.Expenses $449,398
- NEIGHBORHOOD DEVELOPMENT PROGRAM - FUNDS USED TO PROVIDE NEIGHBORHOOD SERVICES FOR TENANTS OF TODCO OWNED AND AFFILIATED PROJECTS AND OTHER LOW-INCOME RESIDENTS IN THE YERBA BUENA REDEVELOPMENT AREA.Expenses $1,340,808 · grants $410,498 · revenue $761,744
- ALICE STREET GARDENS - FUNDS USED FOR THE OPERATION AND MAINTENANCE OF A COMMUNITY GARDEN OR OTHER FORMS OF COMMUNITY OPEN SPACE FOR THE BENEFIT OF THE NEIGHBORHOOD.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 94-2408519
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $41,618,801
- Income (IRS master file)
- $7,511,902
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,330,759 | $8,266,506 | $41,618,801 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,655,249 | $7,713,540 | $42,681,244 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $5,545,664 | $7,892,931 | $43,790,318 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $5,766,741 | $8,200,380 | $46,025,302 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 94-2408519).
Questions about TENANTS AND OWNERS DEVELOPMENT CORPORATION
- What is the EIN of TENANTS AND OWNERS DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of TENANTS AND OWNERS DEVELOPMENT CORPORATION is 94-2408519.
- Is TENANTS AND OWNERS DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to TENANTS AND OWNERS DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TENANTS AND OWNERS DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of TENANTS AND OWNERS DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TENANTS AND OWNERS DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of TENANTS AND OWNERS DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names ERIC TAO.
- Who are the officers and directors of TENANTS AND OWNERS DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 22 people; 14 received compensation from the organization, the highest $350,922 (ANNA YEE, CEO).
- How much revenue does TENANTS AND OWNERS DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,330,759, expenses of $8,266,506 and total assets of $41,618,801 at year end.
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