Overview
What is Gptodco-A Inc?
Gptodco-A Inc is a nonprofit organization situated in San Francisco, California, with a specific focus on developing affordable housing projects for low-income, elderly, and disabled residents in the South of Market Earthquake Recovery Redevelopment Area. Their mission involves creating housing opportunities within this region, aiming to improve the living conditions of vulnerable populations. The organization has been instrumental in the development and management of several projects, including the Knox SRO, Woolf House III, Hotel Isabel, Leland, and Bayanihan House, all of which provide housing for eligible households. Gptodco-A Inc also serves as the corporate general partner in various partnerships, such as the Knox Partners Limited Partnership, Hotel Grand Southern, and Bayanihan Partners, which own the Knox SRO, Hotel Isabel, and Bayanihan House projects, respectively. These partnerships qualify for Low-Income Housing Tax Credits under Section 42 of the Internal Revenue Code.
Official website here: www.todco.org
Is Gptodco-A Inc legitimate?
Gptodco-A Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gptodco-A Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.todco.org
What is the mission statement of Gptodco-A Inc?
Gptodco-A Inc's mission is centered around developing affordable housing in specific areas. More specifically, they focus on redeveloping parts of San Francisco affected by earthquakes, with the intention of providing housing for low-income, elderly, and disabled residents. Their activities involve providing development administrative services for these projects, which include the Knox SRO, Woolf House III, Hotel Isabel, Leland, and Bayanihan House. Gptodco-A Inc also holds partnerships, such as Knox Partners Limited Partnership and Bayanihan Partners, which help own and manage some of these projects, qualifying for low-income housing tax credits under the Internal Revenue Code.
Official website here: www.todco.org
Who is the CEO of Gptodco-A Inc?
John Elberling is the President of Gptodco-A Inc. The CEO's salary of Gptodco-A Inc is $0 and their total compensation is $0.
Official website here: www.todco.org
What is the revenue of Gptodco-A Inc?
Gptodco-A Inc's revenue in 2022 was $419,235.
Official website here: www.todco.org
Who are the executives of Gptodco-A Inc and what are their salaries?
There 11 volunteers at Gptodco-A Inc.
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Official website here: www.todco.org
Where can I find the form 990 for Gptodco-A Inc?
Gptodco-A Inc'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 Gptodco-A Inc
Gptodco-A Inc, a nonprofit organization, is dedicated to developing affordable housing in specific areas that have undergone earthquake recovery and redevelopment. Their mission is to serve low-income, elderly, and disabled residents by providing them with suitable housing options. Through their development administrative services, they oversee numerous projects in San Francisco's South of Market area, including the Knox SRO, Woolf House III, Hotel Isabel, Leland, and Bayanihan House projects. These projects provide housing for qualified households and contribute to the community by providing affordable living spaces for those in need. Gptodco-A Inc also holds corporate general partnerships in Knox Partners Limited Partnership, Hotel Grand Southern, and Bayanihan Partners, which own the Knox SRO, Hotel Isabel, and Bayanihan House projects, respectively. These partnerships qualify for low-income housing tax credits under Section 42 of the Internal Revenue Code, furthering their commitment to providing affordable housing options for those in need.
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Impact
October, 2024
Gptodco-A Inc plays a vital role in addressing the critical need for affordable housing in San Francisco's South of Market area. By focusing on the development and management of housing projects specifically for low-income, elderly, and disabled residents, the organization significantly contributes to the community's recovery and revitalization efforts post-earthquake.
Through projects such as Knox SRO, Woolf House III, Hotel Isabel, Leland, and Bayanihan House, Gptodco-A Inc provides essential living spaces that cater to the needs of vulnerable populations. These developments not only offer shelter but also foster a sense of community and stability for their residents.
Additionally, by acting as the corporate general partner in various limited partnerships, Gptodco-A Inc efficiently navigates the complexities of affordable housing financing, including access to low-income housing tax credits. This strategic approach enables the organization to maximize resources and enhance the viability of its housing initiatives.
Overall, Gptodco-A Inc’s impact extends beyond mere housing provision; it empowers individuals and families, enriches the social fabric of the area, and contributes to a more inclusive and equitable urban environment in San Francisco.
This information is meant to be a general summary of Gptodco-A Inc. 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: $11,964
- Program Service Revenue: $27,536
- Gross Receipts: $419,235
Assets and Liabilities:
- Total Assets: $1,452,034
- Total Liabilities: $10,705,147
- Net Assets: -$9,253,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MGMT FEE
Revenue
$15,000
C.H. OFFICE REIMBURSEM
Revenue
$12,521
MISCELLANEOUS TENANT C
Revenue
$15
Organization Details
Founding Year
1991
Phone
(415) 896-1880Principal Officer
John Elberling
Main Address
230 FOURTH STREET, SAN FRANCISCO, CA, 94103
Website
www.todco.orgNTEE Category
Code: L21Z - Housing
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