Overview
What is Todcoybc 3?
Todcoybc 3, formally known as Mendelsohn House Apartments, is a nonprofit organization situated in San Francisco, California. Their primary mission is to provide affordable housing for the elderly and individuals with disabilities. They operate an apartment complex comprising 189 units, specifically catering to this demographic. Furthermore, they offer grants to affiliated non-profit corporations to support their low-income housing operations. The organization's activities extend beyond just housing, as they aim to provide essential resident services within the South of Market neighborhood of San Francisco.
Official website here: www.todco.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star rating
Todcoybc 3 has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial management. The charity's overall score is derived entirely from its strong performance in the Accountability & Finance beacon, reflecting its commitment to transparency and responsible governance.
The organization boasts a fully independent board, with all eight members contributing to its governance, which has earned it top marks. Additionally, Todcoybc 3 has demonstrated excellent practices in financial oversight, with no indications of asset diversion, and it has comprehensive policies in place, including conflict of interest and whistleblower policies. The program expense ratio is also commendable at 88.69%, suggesting that the majority of its resources are directed towards its mission-related activities.
There are no noted limitations in the data, showcasing Todcoybc 3 as a well-managed nonprofit dedicated to its cause. The charity's strong financial health and governance practices reinforce its credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Todcoybc 3 legitimate?
Todcoybc 3 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Todcoybc 3 submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $26,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $625,612
For more financial information, click here
Official website here: www.todco.org
What is the mission statement of Todcoybc 3?
Todcoybc 3, operating as Mendelsohn House Apartments, is committed to providing affordable housing and resident services. Specifically, its mission focuses on catering to the needs of elderly and handicapped individuals. By offering housing in a complex consisting of 189 rental units, Todcoybc 3 contributes to the well-being of these vulnerable groups. Furthermore, the organization extends its support by providing grants to affiliated non-profit corporations, aiding their operations in offering low-income housing.
Official website here: www.todco.org
Who is the CEO of Todcoybc 3?
Anna Yee is the Director of Todcoybc 3. The CEO's salary of Todcoybc 3 is $0 and their total compensation is $329,112.
Official website here: www.todco.org
What is the revenue of Todcoybc 3?
Todcoybc 3's revenue in 2022 was $4,723,250.
Official website here: www.todco.org
Who are the executives of Todcoybc 3 and what are their salaries?
There 7 volunteers at Todcoybc 3.
Here are 9 key members and their salaries (Todcoybc 3's CEO's salary is $0 and their total compensation is $329,112):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $26,196
- Related: $244,313
- Other: $57,560
- Compensation: $0
- Related: $290,133
- Other: $38,979
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.todco.org
Where can I find the form 990 for Todcoybc 3?
Todcoybc 3's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.todco.org
Learn more at the official website: www.todco.org
Mission Statement of Todcoybc 3
Todcoybc 3, or Mendelsohn House Apartments, is a non-profit organization that is dedicated to providing affordable housing and essential services for elderly and handicapped individuals. Their mission is to create a living environment that caters to the unique needs of these vulnerable populations, ensuring they can live with dignity and independence. The organization operates an apartment complex housing 189 units, specifically designed to accommodate the specific requirements of the elderly and handicapped residents. Beyond offering affordable housing, Todcoybc 3 also extends its support to affiliated non-profit corporations by providing grants for their low-income housing operations. This commitment to community-based initiatives highlights Todcoybc 3's dedication to improving the quality of life for its residents and contributing to the well-being of the wider community.
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Impact
July, 2024
Todcoybc 3, also known as Mendelsohn House Apartments, has had a significant impact on the South of Market neighborhood in San Francisco. By providing affordable housing for the elderly and handicapped individuals through its 189 rental housing units, Todcoybc 3 has greatly contributed to addressing the housing needs of vulnerable populations in the city. This organization's dedication to offering not just housing, but also resident services, is vital in ensuring the well-being and quality of life for its residents. Furthermore, through its grant programs to affiliated non-profit corporations for low-income housing operations, Todcoybc 3 extends its impact beyond its immediate community, supporting a broader network of organizations working towards similar goals.
This information is meant to be a general summary of Todcoybc 3. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $506
- Program Service Revenue: $4,357,279
- Gross Receipts: $4,723,250
Assets and Liabilities:
- Total Assets: $10,246,996
- Total Liabilities: $3,705,916
- Net Assets: $6,541,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$4,337,289
LAUNDRY
Revenue
$11,230
MISCELLANEOUS INCOME
Revenue
$8,760
Organization Details
Founding Year
1981
Phone
(415) 896-1880Principal Officer
Anna Yee
Main Address
230 FOURTH STREET, SAN FRANCISCO, CA, 94103
Website
www.todco.orgNTEE Category
Code: L200 - Housing
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