Housing Development & Neighborhood Preservation Corporation-Ocd

The information for Housing Development & Neighborhood Preservation Corporation-Ocd is as of the organization's most recent filing in December 2019. This organization is based in San Francisco, CA and has been in existence for 40 years, following its founding in 1979.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Housing Development & Neighborhood Preservation Corporation-Ocd's NTEE code is L20. The "L" tells us that the organization is classified along with Housing & Shelter. The "20" tells us that the organization is a Housing Development, Construction & Management organization. The NTEE describes Housing Development, Construction & Management organizations as those that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of the Housing Development & Neighborhood Preservation Corporation-Ocd is to develop and maintain low-income housing projects and related activities.

Program Areas

Program Area 1: HDNPC continues to manage several affordable housing developments, providing social, health, and economic services to their 500 low-income individuals and families, as well as a community center that conducts life skills training and other educational growth activities such as computer literacy. These programs provide targeted youth with after-school tutorial and other tools to become academically competitive.

Program Area 2: Under Planning and Development, HDNPC is working to implement economic development through several proposed housing sites and analyzing the best use for those project sites. Research includes housing, educational facility, medical facility or other best use for the benefit of the general area and its surrounding population. HDNPC is also a member of several international educational and housing industry groups in order to bring the best ideals and implement them into our planning, development, and management practices.

Organization Staffing

Housing Development & Neighborhood Preservation Corporation-Ocd is run by Francisco Borvice, who is the Executive Dir. The organization has 11 employees, of whom 2 are paid more than $100k per year (according to the organization's most recent 990 tax filing). There are no volunteers supporting the paid staff.

Board Governance

The Housing Development & Neighborhood Preservation Corporation-Ocd is well-governed with a board of nine members, five of whom are voting members. Four of the board members are independent and do not have any potential conflicts of interest. The organization has not delegated management to an outside firm, and board and committee meetings are documented. The organization has a conflict of interest policy and requires disclosure of any conflicts that may arise. Unfortunately, the organization does not have a written whistleblower policy or document retention policy. However, the organization does substantiate and review leadership and officer salaries, and provides copies of the 990 to the board prior to filing. Overall, the Housing Development & Neighborhood Preservation Corporation-Ocd is well-governed and takes measures to ensure that any potential conflicts of interest are addressed.

Organization Growth

The Housing Development & Neighborhood Preservation Corporation-Ocd has grown over the past five years, as evidenced by its program service revenue, total revenue, employee salaries, and total expenses all increasing from 2014 to 2019. However, its total employees decreased from 18 in 2014 to 11 in 2019, and its investment income decreased from $8.6K in 2014 to $171 in 2019.