Chinatown Community Development Center Inc
- Assets
- $158.1m
- Revenue
- $32.2m
- Investments
- $0.0
- Employees
- 390
- Location
- San Francisco, CA
- Founding
- 03/1979
- Data as of
- 12/2022
- EIN
- 94-2514053
Organization Overview
Chinatown Community Development Center Inc is located in San Francisco, CA. The organization was established in 1979. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Chinatown Community Development Center Inc employed 390 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chinatown Community Development Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Chinatown Community Development Center Inc generated $32.2m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $30.4m during the year ending 12/2022. While expenses have increased by 7.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chinatown Community Development Center Inc has awarded 13 individual grants totaling $8,543,053. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF CCDC IS TO BUILD COMMUNITY AND ENHANCE THE QUALITY OF LIFE FOR SAN FRANCISCO RESIDENTS. THIS IS ACCOMPLISHED THROUGH OUR MANY ROLES AS NEIGHBORHOOD ADVOCATES, COMMUNITY ORGANIZERS AND PLANNERS, AND DEVELOPERS AND MANAGERS OF AFFORDABLE HOUSING. CCDC EMPHASIZES A COMPREHENSIVE VIEW OF COMMUNITY: A QUALITY ENVIRONMENT, A HEALTHY NEIGHBORHOOD ECONOMY AND ACTIVE VOLUNTEER ASSOCIATIONS.
Describe the Organization's Program Activity:
PROGRAM AND PLANNING - CCDC PROVIDES MULTILINGUAL COMMUNITY EDUCATION ON HOUSING ISSUES AND HAS ORGANIZED GRASSROOTS TENANT GROUPS THAT ADVOCATE FOR AFFORDABLE HOUSING AND IMPORVED LIVING CONDITIONS. CCDC ALSO PROVIDES HOUSING COUNSELING TO TENANTS AND ARE OFTEN THE FIRST LINE OF DEFENCE FOR LOW-INCOME RESIDENTS WHO HAVE HOUSING NEEDS. CCDC SUPPORTS SMALL BUSINESSES WITH NAVIGATING EXISTING CITY REGULATIONS AND ADVOCATES FOR PROGRAMS THAT SUPPORT SMALL BUSINESSES. CCDC'S COLLABORATION WITH LOCAL GOVERNMENT AND VOLUNTEER GROUPS HAS RESULTED IN HUNDREDS OF ENVIRONMENTAL IMPROVEMENTS AROUND THE CITY. CCDC ENGAGES IMMRGRANT YOUTH, INCLUDING LOW-INCOME YOUTH LIVING IN SRO HOTELS. IN LEADERSHIP DEVELOPMENT ACTIVITIES. CCDC ENGAGES YOUTH IN SERVICE LEARNING ACTIVITIES THAT ENCOURAGE INTERACTIONS WITH ELDERLY RESIDENTS TO PROMOTE INTERGENERATIONAL SHARING EXPERIENCE.
PROPERTY MANAGEMENT - CCDC OWNS AND MANAGES OVER 3,200 AFFORDABLE AND LOW INCOME HOUSING PROPERTIES THROUGHOUT SAN FRANCISCO. OUR PROPERTIES HOUSE OVER 4000 SENIORS, FAMILIES, FORMERLY HOMELESS ADULTS, AND TRANSITIONAL AGE YOUTH. THE MAJORITY OF OUR TENANT POPULATION IS EXTREMELY LOW INCOME AVERGAING UNDER 30% AMI. OVER 130 PROPERTY MANAGEMENT AND FACILITIES STAFF WORK IN COLLABORATION WITH RESIDENT SERVICES TO ENSURE WE PROVIDE OVERALL QUALITY OF LIFE AND ENCOURAGE MULTIGENERATIONAL HOUSING STABILITY FOR OUR RESIDENTS. OUR OVERALL GOAL IS TO HAVE OUR RESIDENTS THRIVE IN OUR COMMUNITY. OUR PROPERTIES HAVE OVER 60,000 SQUARE FEET OF COMMERICAL SPACE FOR SMALL BUSINESSES AND NON PROFIT ORGANIZATIONS THAT FURTHER COMMUNITY-BASED PROGRAMMING IN SERVICE OF OUR RESIDENTS.
HOUSING DEVELOPMENT - CCDC INITIATES AND DEVELOPS LOW-INCOME HOUSING PROJECTS IN SAN FRANCISCO. CCDC ALSO PROVIDES TECHNICAL ASSISTANCE TO OTHER NOT-FOR-PROFIT ORGANIZATIONS IN PLANNING, DEVELOPMENT AND CONSTRUCTION OF AFFORDABLE HOUSING PROJECTS. CCDC HAS DEVELOPED OVER 4,000 UNITS OF AFFORDABLE HOUSING FOR SENIORS, VETERANS AND LOW-INCOME FAMILIES UNDER ITS OWN OWNERSHIP, WITH ANOTHER 250 UNITS UNDER CONSTRUCTION AND OVER 850 UNITS IN DEVELOPMENT STAGE. WE ALSO HELPED OTHERS REHABILITATE OVER 1,000 UNITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Wong Director | Trustee | 1 | $0 |
Catherine Craig - Left In 2022 Director | Trustee | 1 | $0 |
Santiago Ruiz - Left In 2022 Director | Trustee | 1 | $0 |
Nils Rosenquest Director | Trustee | 1 | $0 |
Jane Chin Co-Chair | OfficerTrustee | 1 | $0 |
Lindsey Quock Co-Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $684,673 |
| Related organizations | $1,504,370 |
| Government grants | $8,008,718 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,298,666 |
| Noncash contributions included in lines 1a–1f | $343 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,496,427 |
| Total Program Service Revenue | $19,120,258 |
| Investment income | $1,061,815 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$392,217 |
| Net Gain/Loss on Asset Sales | -$45,969 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,240,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $911,370 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $466,797 |
| Compensation of current officers, directors, key employees. | $113,228 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,554,422 |
| Pension plan accruals and contributions | $242,103 |
| Other employee benefits | $2,184,062 |
| Payroll taxes | $924,470 |
| Fees for services: Management | $468,515 |
| Fees for services: Legal | $56,943 |
| Fees for services: Accounting | $208,447 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,693,732 |
| Advertising and promotion | $29,551 |
| Office expenses | $1,236,204 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $457,783 |
| Travel | $240,579 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,866,294 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,240,118 |
| Insurance | $642,550 |
| All other expenses | $1,173,957 |
| Total functional expenses | $30,432,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,222,567 |
| Savings and temporary cash investments | $27,802,735 |
| Pledges and grants receivable | $1,779,905 |
| Accounts receivable, net | $1,635,993 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,795,381 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $272,984 |
| Net Land, buildings, and equipment | $83,832,903 |
| Investments—publicly traded securities | $817,084 |
| Investments—other securities | $0 |
| Investments—program-related | -$5,157,607 |
| Intangible assets | $0 |
| Other assets | $17,124,352 |
| Total assets | $158,126,297 |
| Accounts payable and accrued expenses | $11,826,865 |
| Grants payable | $0 |
| Deferred revenue | $101,534 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $99,055,048 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,417,477 |
| Total liabilities | $119,400,924 |
| Net assets without donor restrictions | $26,574,222 |
| Net assets with donor restrictions | $12,151,151 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $158,126,297 |
Grants Awarded
Over the last fiscal year, Chinatown Community Development Center Inc has awarded $836,105 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MHRSC LP PURPOSE: TO SUPPORT AFFILIATES' AFFORDABLE HOUSING PROGRAMS | $281,164 |
CHINESE PROGRESSIVE ASSOCIATEION PURPOSE: FOR SHARE COST ON DATA AND CAMPAIGN CONSULTANT TIME FOR REDISTRICTING UNITY MAP COALITION | $10,000 |
WILLIAM PENN HOTEL LP PURPOSE: TO SUPPORT AFFILIATES' AFFORDABLE HOUSING PROGRAMS | $156,857 |
1296 SHOTWELL HOUSING LP PURPOSE: TO SUPPORT AFFILIATES' AFFORDABLE HOUSING PROGRAMS | $388,084 |