2025-11-17T20:38:58-06:00 2024-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2024-01-01 942761808 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION TEND 4157762151 201 EDDY STREET SAN FRANCISCO CA 94102 ROXANNE HUEY CFO 4157762151 2025-11-17 1 0 SHERMAN LEONG P00513747 4159579999 2024 2025-03-06 01:10:19Z JENNIFER DOLIN 201 EDDY STREET SAN FRANCISCO CA 94102 37323275 0 X WWW.TNDC.ORG X 1981 CA AT TNDC, WE BELIEVE THAT EVERYONE DESERVES TO THRIVE. SINCE 1981 WE'VE SUPPORTED TENANTS AND COMMUNITY MEMBERS IN BUILDING TRANSFORMATIVE COMMUNITIES THROUGH HOMES, HEALTH, AND VOICE. OVER THE COURSE OF 44 YEARS, WE'VE INNOVATED SUPPORTIVE HOUSING PRACTICES WITH ONSITE SOCIAL WORKERS AND WELLNESS PROGRAMMING THAT MEET UNIQUE COMMUNITY NEEDS AND FOSTER CULTURAL INCLUSION AND BELONGING. TODAY, OVER 6,282 PEOPLE ARE HOUSED ACROSS 52 BUILDINGS IN SAN FRANCISCO.WE FULFILL OUR MISSION THROUGH THESE AREAS: 1) HOUSING DEVELOPMENT CREATES, PRESERVES, AND REHABILITATES AFFORDABLE HOUSING; 2) TENANT & COMMUNITY SERVICES PROVIDES OPT-IN SOCIAL SERVICES TO ITS RESIDENTS THROUGH SOCIAL WORK, HEALTH & WELLNESS, QUALITY ASSURANCE, AND TENDERLOIN AFTER-SCHOOL PROGRAM; 3) PROPERTY MANAGEMENT MAINTAINS AND OVERSEES ALL TNDC PROPERTIES; AND 4) COMMUNITY ORGANIZING EMPOWERS NEIGHBORHOODS THROUGH LEADERSHIP DEVELOPMENT, FOOD & TRANSIT JUSTICE, AND COMMUNITY ADVOCACY. 15 15 609 64 0 0 15198622 23518047 14453355 13431861 240066 373367 -301135 -373141 29590908 36950134 4979861 8293623 0 0 14170735 14017738 0 0 1135644 9371324 8505790 28521920 30817151 1068988 6132983 114301611 114333645 39840744 33739795 74460867 80593850 X TNDC'S MISSION IS TO DEVELOP COMMUNITY AND PROVIDE AFFORDABLE HOUSING AND SERVICES FOR PEOPLE WITH LOW INCOMES IN THE TENDERLOIN AND THROUGHOUT SAN FRANCISCO, TO PROMOTE EQUITABLE ACCESS TO OPPORTUNITY AND RESOURCES. 0 0 7984590 2005100 7965566 PROPERTY MANAGEMENT (PM): THE PM DEPARTMENT PLAYS A CRUCIAL ROLE IN OVERSEEING THE DAY-TO-DAY OPERATIONS OF TNDC'S AFFORDABLE HOUSING COMMUNITIES ACROSS SAN FRANCISCO. COMMUNITIES RANGE FROM 8 TO 276 UNITS IN SIZE FOR A TOTAL OF OVER 4,300 UNITS ACCOMMODATING INDIVIDUALS IN STUDIOS AND ONE-BEDROOM APARTMENTS, AND FAMILIES IN MULTI-BEDROOM APARTMENTS. THE PM DEPARTMENT ENSURES THAT PROPERTIES ARE SECURE, WELL-MAINTAINED, AND COMPLIANT WITH HEALTH AND SAFETY STANDARDS FOSTERING SAFE AND SUPPORTIVE COMMUNITIES. BY ADDRESSING TENANT NEEDS, COORDINATING REPAIRS, AND UPHOLDING QUALITY STANDARDS, PM SUPPORTS TNDC'S MISSION TO PROVIDE RESIDENTS WITH A SECURE AND STABLE HOME. THE PM DEPARTMENT CENTERS TENANT STABILITY BY WORKING WITH TNDC'S TENANT AND COMMUNITY SERVICES SOCIAL WORK TEAM TO PREVENT EVICTIONS AND INCREASE HOUSING RETENTION. 5679052 13325 1749542 TENANT & COMMUNITY SERVICES (TCS): SOCIAL WORK UNIT: IN 2024, 96% OF TNDC RESIDENTS RECEIVED INDIVIDUALIZED SERVICES FROM THEIR SOCIAL WORKER, AND PROVIDED 1,280 REFERRALS TO TENANTS, 80% OF WHICH RESULTED IN SUCCESSFUL LINKAGES. TOP SERVICE CATEGORIES INCLUDE CASE MANAGEMENT, ACCESSING MEDICAL AND MENTAL HEALTH SERVICES, AND MEDIATING TENANT/PROPERTY MANAGEMENT RELATIONSHIPS. 94% OF RESIDENTS MAINTAINED HOUSING FOR A MINIMUM OF 12 MONTHS (OR MOVED INTO OTHER PERMANENT LOCATIONS). LAST YEAR,5,137TENANTS RECEIVEDVOLUNTARYINDIVIDUALIZED SERVICES FROM THEIR SOCIAL WORKER. SOCIAL WORKERS FACILITATE A WIDE VARIETY OF COMMUNITY ACTIVITIES THROUGHOUT THE YEAR INCLUDING WORKSHOPS AND INFORMATIONAL SESSIONS, PRODUCE DROPS, AND SUPPORT GROUPS. SOCIAL WORKERS ORGANIZED AND FACILITATED 1,423 ACTIVITIES FOR 4,501 UNDUPLICATED TENANTS.TNDC'S TENDERLOIN AFTER-SCHOOL PROGRAM (TASP): TASP PROVIDED PROGRAMMING TO OVER 200 CHILDREN (AGED 7 TO 18) AND THEIR FAMILIES, OFFERED SUMMER PROGRAMMING AND OUR TRADITIONALMONDAY THROUGH FRIDAYDROP-IN AFTER SCHOOL PROGRAMSERVICES DURING THE SCHOOL YEAR. TASP DISTRIBUTED OVER $35K IN COLLEGE SCHOLARSHIPS FOR 16 FORMER TASP STUDENTS AND DELIVERED FREE FOOD BOXES FOR TASP FAMILIES EVERY WEEK. HEALTH & WELLNESS PROGRAM: IN 2024, MORE THAN 300,000 POUNDS OF FREE FOOD WERE GIVEN OUT AT OUR FOOD PANTRIES IN PARTNERSHIP WITH THE SF-MARIN FOOD BANK; WE ALSO DISTRIBUTED FOOD SOURCED FROM A LOCAL BIPOC GROCER "ARCADIO'S", AND DEEP MEDICINE'S "TE KWE A'NAA WAREP" FARM WHICH TRANSLATES TO HONOR MOTHER EARTH IN OHLONE. THE PANTRIES ARE NOT LIMITED TO JUST TNDC TENANTS BUT TO THE REST OF THE SURROUNDING COMMUNITIES. PANTRIES INCLUDE CENTRAL TENDERLOIN NEIGHBORHOOD PANTRY, SUPPORTIVE HOUSING PANTRY, WILLIE B. KENNEDY PANTRY, AND KAIN NA. 9240220 6275198 3007470 HOUSING DEVELOPMENT (HD): IN 2024, TNDC PROGRESSED ON 10 AFFORDABLE HOUSING DEVELOPMENTS, 7 ARE NEW CONSTRUCTION AND REPRESENT 801 UNITS OF AFFORDABLE HOUSING FOR RESIDENTS INCLUDING SENIORS, TRANSITIONAL AGED YOUTH, AND FAMILIES WITH LOW INCOMES, INCLUDING SOME OF WHOM ARE HOMELESS, AND/OR HAVE SPECIAL NEEDS. THREE ARE REHABS OF TNDC PROPERTIES REPRESENTING 159 UNITS OF AFFORDABLE HOUSING, 32 OF WHICH WERE COMPLETED IN 2024 AND 47 UNITS BEGAN CONSTRUCTION. 2024 HIGHLIGHTS INCLUDE OPENING 70 NEW SUPPORTIVE HOUSING AT 180 JONES IN THE TENDERLOIN; AND BREAKING GROUND ON 90 HOMES AT 2550 IRVING, TNDC'S FIRST FAMILY HOUSING BUILDING IN THE SUNSET DISTRICT. 895752 709283 COMMUNITY ORGANIZING DEPARTMENT (CO): IN 2024, THE TENDERLOIN COMMUNITY WITNESSED SIGNIFICANT ACCOMPLISHMENTS IN COMMUNITY ORGANIZING AND DEVELOPMENT. THE TENDERLOIN FOOD POLICY COUNCIL CELEBRATED ITS FIRST FULL YEAR OF EFFECTIVE COMMUNITY ORGANIZING AND ADVOCACY WITH BIG WINS FOR THE COMMUNITY, SUCH AS THE RESTORATION OF THE MARKET MATCH PROGRAM FUNDS IN THE STATE BUDGET AND EXPANSION OF FOOD VOUCHERS FOR THE FAMILIES OF THE TENDERLOIN. THEY RECEIVED A CERTIFICATE OF HONOR FROM THE SAN FRANCISCO BOARD OF SUPERVISORS FOR THEIR SERVICE TO THE COMMUNITY. THEY HELD REGULAR MONTHLY MEETING WITH A MEMBERSHIP OF APPROXIMATELY 100 TENDERLOIN RESIDENTS WITH SIMULTANEOUS TRANSLATION IN ENGLISH, CHINESE, ARABIC AND SPANISH. 6 RESIDENT LEADERS OF THE FOOD POLICY COUNCIL MEMBERS ALSO ATTENDED A NATIONAL TRAINING CONFERENCE WHERE THEY LEARNED LEADERSHIP SKILLS IN ORGANIZING, MEETING FACILITATION AND ADVOCACY. THEY DEVELOPED A PLATFORM AGENDA AND DEVELOPED ADVOCACY ACTION PLANS FOR CAMPAIGNS IN 2025.2024 ALSO SAW THE CREATION OF THE SUPPORTIVE HOUSING OVERDOSE PREVENTION NETWORK, A RESIDENT ADVOCACY GROUP WITH SPECIAL FOCUS ON ADDRESSING OVERDOSES IN SUPPORTIVE HOUSING, ESPECIALLY HIGH IMPACTED SINGLE ROOM OCCUPANCIES (SROS). THEY IDENTIFIED RESIDENT LEADERS TO CO-FACILITATE THE GROUP WITH STAFF AND BEGAN WORKING ON IDENTIFYING POLICY OR PROGRAM RECOMMENDATIONS DEVELOPED FROM THOSE THAT ARE THE MOST IMPACTED BY OVERDOSES. THEY WILL WORK THROUGH 2025 ON CREATING THE ADVOCACY PLATFORM AND STRATEGIES. WE WORKED WITH OTHER DEPARTMENTS TO PILOT THE INSTALLATION AND SUPPLY OF NARCAN IN A FEW OF OUR SRO BUILDINGS AND DEVELOPED, IN PARTNERSHIP WITH PROPERTY MANAGEMENT AND TENANT SERVICES, A PLAN FOR MANAGING AND MONITORING THE PILOT IN 2024.THE TENDERLOIN CHINES RIGHTS ASSOCIATION CELEBRATED ITS 14TH YEAR WITH ANOTHER GROUP OF CHINESE SENIORS COMPLETING A LEADERSHIP TRAINING PROGRAM AND ASSUMING LEADERSHIP ROLES IN THE CHINESE COMMUNITY. WITH NEARLY 400 RESIDENT MEMBERS, TCRA IS THE LARGEST RESIDENT-BASED NEIGHBORHOOD ADVOCACY GROUP IN THE TENDERLOIN.IN 2024, WE ALSO SAW THE COMPLETION OF THE DRAFT TENDERLOIN COMMUNITY ACTION PLAN (TCAP), A COMMUNITY-DEVELOPED PLAN FACILITATED IN PART BY TNDC COMMUNITY ORGANIZING STAFF WHO SERVED AS THE COMMUNITY ENGAGEMENT COORDINATOR FOR TCAP. OUR STAFF HOSTED AND FACILITATED DOZENS OF COMMUNITY MEETINGS, RESIDENT WORKING GROUPS, FOCUS GROUPS AND THE COMMUNITY TCAP PARTNER MEETINGS. WE ALSO HOSTED A LARGE COMMUNITY TOWN HALL TO SHARE THE DRAFT PLAN BACK TO THE COMMUNITY AND DEVELOP SUPPORT. HUNDREDS OF RESIDENTS AND COMMUNITY STAKEHOLDERS WERE ENGAGED AS THROUGH THIS UNIQUE NEIGHBORHOOD PLANNING PROCESS WITH THE CITY PLANNING DEPARTMENT. THE TCAP WILL BE OFFICIALLY VOTED ON BY THE SF BOARD OF SUPERVISORS FOR APPROVAL IN EARLY 2025.A NEW LEADERSHIP ACADEMY CURRICULUM AND PLAN WAS CREATED AND FUNDING IDENTIFIED THAT WILL BE USED TO CONDUCT MULTIPLE LEADERSHIP ACADEMY RESIDENT COHORTS IN 2025.THE COMMUNITY ORGANIZING DEPARTMENT ENGAGED WITH THE SF DEPARTMENT OF ELECTIONS IN DOING VOTER OUTREACH, EDUCATION, VOTER REGISTRATION, POLL WORKER REGISTRATION, AND GET OUT THE VOTE EFFORTS WHICH INCLUDED EVENTS SUCH AS THE "WALK WITH WINDY" GET OUT THE VOTE EVENT THAT BRINGS MANY DOZENS OF TENDERLOIN RESIDENTS TOGETHER TO CONDUCT A MARCH TO CITY HALL TO DELIVER COMPLETED THEIR BALLOTS OR TO VOTE IN PERSON.FURTHER COMMUNITY AND ADMINISTRATIVE SUPPORT WAS GIVEN BY THE ORGANIZING TEAM FOR RESIDENT-LED GROUPS SUCH AS THE TENDERLOIN PEOPLE'S CONGRESS AND THE TENDERLOIN FILIPINO COMMUNITY ASSOCIATION, ENGAGING OVER 200 RESIDENTS IN COMMUNITY ADVOCACY AND PROVIDING LEADERSHIP DEVELOPMENT AND CAPACITY BUILDING SUPPORT. 895752 709283 23799614 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 135 0 1 609 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 CA X X ROXANNE HUEY 4157762151 201 EDDY STREET SAN FRANCISCO CA 94102 TIFFANY BOHEE SECRETARY 2.00 0.25 X X 0 0 0 SUSAN JOHNSON PRESIDENT 2.00 0.25 X X 0 0 0 TRACEY EDWARDS TREASURER 2.00 0.25 X X 0 0 0 KATHY ROCK DIRECTOR 2.00 0.25 X 0 0 0 KATHY WOLFE DIRECTOR 2.00 0.25 X 0 0 0 BIRUTE SKURDENIS DIRECTOR 2.00 0.25 X 0 0 0 JIM CERVANTES DIRECTOR 2.00 0.25 X 0 0 0 FERNANDO PUJALS VICE PRESIDENT 2.00 0.25 X X 0 0 0 JANE GRAF DIRECTOR 2.00 0.25 X 0 0 0 FREDDY MARTIN DIRECTOR 2.00 0.25 X 0 0 0 KENNETH KIM DIRECTOR 2.00 0.25 X 0 0 0 WYLIE LIU DIRECTOR 2.00 0.25 X 0 0 0 MARK COUTIER DIRECTOR 2.00 0.25 X 0 0 0 MICHAEL VUONG DIRECTOR 2.00 0.25 X 0 0 0 DAVE KROOT CHIEF LEGAL OFFICER 2.00 0.30 X X 0 0 0 GORDON LEUNG CHIEF PORTFOLIO OFFICER 32.00 8.00 X 171489 0 9733 KATHERINE LAMOUNT COO AND INTERIM CO-CEO 32.00 8.00 X 272780 0 31692 ROXANNE HUEY CFO AND INTERIM CO-CEO 32.00 8.00 X 285918 0 27570 MAURILIO LEON CEO 32.00 8.00 X 163600 0 6760 AMORY SHARPE CFDS OFFICER 32.00 8.00 X 201667 0 0 THOMAS WALSH DIRECTOR OF SAFETY AND RIS 32.00 8.00 X 164644 0 8397 CHRISTOPHER CUMMINGS DIRECTOR OF HOUSING DEVELOPMENT 32.00 8.00 X 185222 0 10757 CAROLINE YEO CONTROLLER 32.00 8.00 X 171343 0 5254 SHREYA SHAH ASSOCIATE DIRECTOR OF HOUSING DEVELOPMENT 32.00 8.00 X 157423 0 25823 1774086 0 125986 53 0 1 0 SCT CONSULTING LLC DBA TENISITECH 15559 UNION AVE SUITE 142 LOS GATOS CA 95032 IT CONSULTANT 697737 REUSEO LLC 101 HICKEY BLVD STE A 335 SOUTH SAN FRANCISCO CA 94080 TRASH WASTE MANAGEMENT 660068 BAY VALLEY SECURITY 1145 SECOND STREET SUITE A317 BRENTWOOD CA 94513 SECURITY 311220 GRANITE TELECOMMUNICATION LLC PO BOX 830103 PHILADELPHIA PA 19182 TELEPHONE AND COMMUNICATION 279811 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD SUITE 850 SAN FRANCISCO CA 94105 AUDIT AND TAX RETURN 183470 7 524798 10798786 2385525 9808938 2752639 23518047 MANAGEMENT FEES 531390 7965566 7965566 DEVELOPER FEES 531390 3007470 3007470 RENTAL INCOME 531110 2720208 2720208 GROUND LEASE REVENUE 531390 156760 156760 INCOME FROM PARTNERSHIPS 531390 -418143 -418143 13431861 373367 373367 0 524798 373141 -373141 -373141 36950134 13431861 0 226 8280298 8280298 13325 13325 969541 531235 386857 51449 10563019 5768119 4206548 588352 353876 200998 144172 8706 1207964 686110 492134 29720 923338 840697 51915 30726 354100 240084 48454 65562 132265 89677 18099 24489 1011549 681554 140240 189755 1734282 1459276 205736 69270 489004 411464 58009 19531 373968 368439 5529 631361 621264 10097 574952 523492 32327 19133 SUPPORTIVE SERVICES 3963735 3958536 4011 1188 PROGRAM EXPENSES 308966 308560 313 93 REAL ESTATE TAXES 210363 191535 11828 7000 UTILITIES 159230 154588 4178 464 -1437985 -1529637 61446 30206 30817151 23799614 5881893 1135644 9454583 11719778 138317 138481 1502986 3148023 285249 185996 224804 1473697 29608744 14819717 15299711 14789027 -2751152 -5151023 90147113 88029666 114301611 114333645 2471148 2071811 3132176 1200747 23071437 19045598 11165983 11421639 39840744 33739795 X 74289337 79593850 171530 1000000 74460867 80593850 114301611 114333645 6132983 0 X X 0 1 X 1 1 1 X 16224837 17954280 8241595 15198622 23518047 81137381 20651097 24456026 19602835 14453355 13431861 92595174 36875934 42410306 27844430 29651977 36949908 173732555 0 6210787 10509940 8001963 2928946 1153357 28804993 6210787 10509940 8001963 2928946 1153357 28804993 144927562 103925 124887 142566 240066 373367 984811 103925 124887 142566 240066 373367 984811 36979859 42535193 27986996 29892043 37323275 174717366 0.82950 0.80800 0.00560 0.00440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30817151 30817151 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 6876327 6876327 18659888 12302098 6357790 2894470 1476289 1418181 1178059 1041330 136729 14789027 CONSTRUCTION IN PROGRESS 1981440 DUE FROM AFFILIATES 25700936 RESTRICTED DEPOSITS & RESERVES 3257351 GROUND LEASE RECEIVABLE 4907913 NOTES AND INTEREST RECEIVABLE 21370436 RENTS RECEIVABLE 32266 MANAGEMENT FEE RECEIVABLE 2749761 DEFERRED COSTS 87629 DEVELOPMENT FEE RECEIVABLE 27737206 SECURITY DEPOSITS 204728 88029666 TENANTS DEPOSITS 180146 DUE TO AFFILIATES 785880 ACCRUED INTEREST PAYABLE 9974488 CONTRIBUTION PAYABLE 481125 11421639 X PART X, LINE 2: TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORPORATION (TNDC) AND AFFILIATES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. TNDC AND AFFILIATES' FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. POOL TOSS 257478 257478 262860 ANNIVERSARY CELEBRATION 267320 267320 110281 524798 524798 373141 373141 -373141 1 POLK SENIOR HOUSING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 562568859 225000 0 TO SUPPORT THE ACTIVITIES OF THE DONEE ORGANIZATION TURK STREET INC 201 EDDY STREET SAN FRANCISCO CA 94102 943297381 501(C)(3) 8054498 0 TO SUPPORT THE ACTIVITIES OF THE DONEE ORGANIZATION 1 1 COLLEGE SCHOLARSHIP 16 13325 PART I, LINE 2: SCHOLARSHIP GRANTS ARE PAID DIRECTLY TO INSTITUTIONS OF HIGHER LEARNING. X X X 0 0 0 0 0 0 0 0 0 ROXANNE HUEY CFO AND INTERIM CO-CEO 285918 0 0 0 0 0 13923 0 13647 0 313488 0 0 0 KATHERINE LAMOUNT COO AND INTERIM CO-CEO 272780 0 0 0 0 0 14311 0 17381 0 304472 0 0 0 AMORY SHARPE CFDS OFFICER 201667 0 0 0 0 0 0 0 0 0 201667 0 0 0 CHRISTOPHER CUMMINGS DIRECTOR OF HOUSING DEVELOPMENT 185222 0 0 0 0 0 9306 0 1451 0 195979 0 0 0 SHREYA SHAH ASSOCIATE DIRECTOR OF HOUSING DEVELO 157423 0 0 0 0 0 8442 0 17381 0 183246 0 0 0 GORDON LEUNG CHIEF PORTFOLIO OFFICER 171489 0 0 0 0 0 5241 0 4492 0 181222 0 0 0 CAROLINE YEO CONTROLLER 171343 0 0 0 0 0 930 0 4324 0 176597 0 0 0 THOMAS WALSH DIRECTOR OF SAFETY AND RIS 164644 0 0 0 0 0 8397 0 0 0 173041 0 0 0 MAURILIO LEON CEO 163600 0 0 0 0 0 6531 0 229 0 170360 0 0 0 X 15 2752639 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B FINANCE/AUDIT COMMITTEES REVIEWS THE FORM 990. EACH BOARD MEMBER IS PROVIDED A COPY OF THE FORM 990 BEFORE THE FILING OF THE FORM 990. FULL BOARD HAS OPTION TO PROVIDE QUESTIONS AND COMMENTS BEFORE THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C TNDC HAS TWO CONFLICT OF INTEREST POLICIES, ONE FOR ITS BOARD OF DIRECTORS AND ANOTHER FOR ALL TNDC EMPLOYEES. FOR THE BOARD OF DIRECTORS, THE BOARD OR THE RELEVANT BOARD COMMITTEE DETERMINES IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE "INTERESTED PERSON" (INDIVIDUAL WHO MAY HAVE A CONFLICT OF INTEREST) MAY BE PERMITTED TO MAKE A PRESENTATION CONCERNING THE PROPOSED TRANSACTION OR ARRANGEMENT TO THE BOARD OR BOARD COMMITTEE, BUT AFTER THAT PRESENTATION, THE INTERESTED PERSON LEAVES THE MEETING DURING THE DISCUSSION OF, AND VOTE ON, THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD OR BOARD COMMITTEE EXERCISES ALL APPROPRIATE DUE DILIGENCE AND THEN DETERMINES WHETHER AN ALTERNATIVE TRANSACTION OR ARRANGEMENT CAN BE MADE THAT WOULD NOT RESULT IN A CONFLICT. IF THE BOARD OR BOARD COMMITTEE DETERMINES THAT IT IS NOT POSSIBLE TO OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT, THE BOARD OR BOARD COMMITTEE DETERMINES, BY A MAJORITY VOTE OF DISINTERESTED DIRECTORS, WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT THAT PRESENTS A CONFLICT OF INTEREST. ALL DIRECTORS ARE REQUIRED TO COMPLETE AN ANNUAL "DECLARATION OF INTEREST WHICH MAY BE IN CONFLICT" FORM, DISCLOSING POTENTIAL CONFLICTS WHICH MAY POSSIBLY ARISE DURING THE COURSE OF THE YEAR. FOR EMPLOYEES, MEMBERS OF THE SENIOR MANAGEMENT TEAM MUST COMPLETE AN ANNUAL "DECLARATION OF INTEREST WHICH MAY BE IN CONFLICT" FORM WHICH MUST BE UPDATED IN THE EVENT THAT A NEW POTENTIAL CONFLICT OF INTEREST SURFACES, AND ALL OTHER EMPLOYEES WITH A POTENTIAL CONFLICT MUST DO THE SAME. ANY POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER, AND APPROVED OR MITIGATED AT THE CHIEF EXECUTIVE OFFICER'S DISCRETION. IF THE CONFLICT INVOLVES THE CHIEF EXECUTIVE OFFICER, THE CONFLICT IS REVIEWED, APPROVED AND IF NECESSARY MITIGATED BY THE BOARD PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION FOLLOWS THE REQUIREMENTS OF SB1262, WHEREIN COMPARABILITY DATA AND SUBSTANTIATION IS REQUIRED IF THERE IS A NEWLY HIRED CEO OR CFO OR THE COMPENSATION OF EITHER/BOTH IS INCREASED INCONGRUENTLY WITH THOSE OF OTHER EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND POLICY ARE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE POSTED ON WEBSITE. FORM 990, PART VI, LINE 1A THE EXECUTIVE COMMITTEE IS EMPOWERED IN THE CORPORATION'S BYLAWS TO EXERCISE ALL AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE BOARD, EXCEPT TO: A) FILL VACANCIES ON THE BOARD OR ON ANY COMMITTEE; B) AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OR ADOPT NEW BYLAWS; C) AMEND OR REPEAL ANY RESOLUTION OF THE BOARD; D) DESIGNATE ANY OTHER COMMITTEES OF THE BOARD OR APPOINT THE MEMBERS OF ANY COMMITTEE; E) APPROVE ANY TRANSACTION (1) TO WHICH THE CORPORATION IS A PARTY AND ONE OR MORE DIRECTORS HAS A MATERIAL FINANCIAL INTEREST; OR (2) BETWEEN THE CORPORATION AND ONE OR MORE OF ITS DIRECTORS OR BETWEEN THE CORPORATION AND ANY CORPORATION OR FIRM IN WHICH ONE OR MORE OF ITS DIRECTORS HAS A MATERIAL FINANCIAL INTEREST. FORM 990,PART XII, LINE 2C THE AUDIT COMMITTEE REVIEWS AND RECOMMENDS ACCEPTANCE OF THE ORGANIZATION'S FINANCIAL STATEMENTS TO THE EXECUTIVE COMMITTEE, WHICH ACCEPTS SUCH FINANCIAL STATEMENTS. THE AUDIT COMMITTEE APPROVES THE SELECTION OF THE AUDIT FIRM. THE CHAIR OF THE AUDIT COMMITTEE IS NOT A MEMBER OF THE FINANCE COMMITTEE. 1036 MISSION GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 760844259 PROVIDE LOW INCOME HOUSING CA 34925 312065 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP 1166 HOWARD ST COMMERCIAL LLC 201 EDDY STREET SAN FRANCISCO CA 94102 943402324 COMMUNITY SERVING COMMERCIAL RENTAL CA 301435 1774040 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP ALEXANDER GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 PROVIDE LOW INCOME HOUSING CA 1777 -202817 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP ANTONIA GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 PROVIDE LOW INCOME HOUSING CA 166595 -463011 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP MARIA GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 PROVIDE LOW INCOME HOUSING CA 119906 89544 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP POLK SENIOR HOUSING LLC 201 EDDY STREET SAN FRANCISCO CA 94102 562568850 PROVIDE LOW INCOME HOUSING CA -1135809 -4999425 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP TNDC-GPLLC 201 EDDY STREET SAN FRANCISCO CA 94102 300294923 PROVIDE LOW INCOME HOUSING CA -148742 -573670 TENDERLOIN NEIGHBORHOOD DEVELOPMENT CORP AMBASSADOR SRO INC 201 EDDY STREET SAN FRANCISCO CA 94102 943366155 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 EDDY STREET INC 201 EDDY STREET SAN FRANCISCO CA 94102 943297380 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 ELLIS STREET INC 201 EDDY STREET SAN FRANCISCO CA 94102 943324166 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 HAIGHT STREET SENIOR HOUSING INC 201 EDDY STREET SAN FRANCISCO CA 94102 912152456 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 HOWARD STREET DEVELOPMENT CORP 201 EDDY STREET SAN FRANCISCO CA 94102 943336303 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 MCALLISTER STREETINC 201 EDDY STREET SAN FRANCISCO CA 94102 943212716 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 O'FARRELL SENIOR HOUSING INC 201 EDDY STREET SAN FRANCISCO CA 94102 943367164 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 TAYLOR FAMILY HOUSING INC 201 EDDY STREET SAN FRANCISCO CA 94102 943403318 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 TNDC SUPPORTING FUND 201 EDDY STREET SAN FRANCISCO CA 94102 208016199 SUPPORT FOR TNDC ACTIVITIES CA 501(C)(3) LINE 12A, I TNDC 1 TURK STREET INC 201 EDDY STREET SAN FRANCISCO CA 94102 943297381 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 WEST HOTEL SRO INC 201 EDDY STREET SAN FRANCISCO CA 94102 943388970 LOW INCOME HOUSING RENTAL CA 501(C)(3) LINE 12A, I TNDC 1 1036 MISSION ASSOCIATESLP 201 EDDY STREET SAN FRANCISCO CA 94102 134352727 LOW INCOME HOUSING RENTAL CA 1036 MISSION GP LLC RELATED 33178 2955962 0 1 0.00010 1166 HOWARD STREET ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 943379260 LOW INCOME HOUSING RENTAL CA N/A 0 0 1300 FOURTH STREET ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 472464889 LOW INCOME HOUSING RENTAL CA N/A 0 0 180 JONES ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 843757644 LOW INCOME HOUSING RENTAL CA N/A 0 0 1990 FOLSOM HOUSING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 813720844 LOW INCOME HOUSING RENTAL CA N/A 0 0 220 GOLDEN GATE ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 450560511 LOW INCOME HOUSING RENTAL CA N/A 0 0 2550 IRVING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 871157553 LOW INCOME HOUSING RENTAL CA N/A 0 0 4200 GEARY ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 850799335 LOW INCOME HOUSING RENTAL CA N/A 0 0 430 TURK ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 471942270 LOW INCOME HOUSING RENTAL CA N/A 0 0 44 MCALLISTER ASSOCIATESLP 201 EDDY STREET SAN FRANCISCO CA 94102 061820178 LOW INCOME HOUSING RENTAL CA N/A 0 0 4TH & FOLSOM ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 842218705 LOW INCOME HOUSING RENTAL CA N/A 0 0 5TH AND HOWARD ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 850935269 LOW INCOME HOUSING RENTAL CA N/A 0 0 681 FLORIDA HOUSING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 821438453 LOW INCOME HOUSING RENTAL CA N/A 0 0 730 STANYAN ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 822233063 LOW INCOME HOUSING RENTAL CA N/A 0 0 939 & 951 EDDY ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 471928019 LOW INCOME HOUSING RENTAL CA N/A 0 0 ALABAMA STREET HOUSING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 710944603 LOW INCOME HOUSING RENTAL CA N/A 0 0 ALABAMA STREET SENIOR HOUSING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 510596381 LOW INCOME HOUSING RENTAL CA N/A 0 0 AM PRESERVATIONLP 201 EDDY STREET SAN FRANCISCO CA 94102 943374632 LOW INCOME HOUSING RENTAL CA ANTONIA GP LLC & TFHI RELATED 182500 -161530 0 1 0.00100 AMBASSADOR NINE PERCENT LP 201 EDDY STREET SAN FRANCISCO CA 94102 384137856 LOW INCOME HOUSING RENTAL CA N/A 0 0 AMBASSADOR RITZ FOUR PERCENT LP 201 EDDY STREET SAN FRANCISCO CA 94102 371964107 LOW INCOME HOUSING RENTAL CA N/A 0 0 AMBASSADOR SRO ASSOCIATESLP 201 EDDY STREET SAN FRANCISCO CA 94102 943386630 LOW INCOME HOUSING RENTAL CA N/A 0 0 AR PRESERVATION LP 201 EDDY STREET SAN FRANCISCO CA 94102 943374866 LOW INCOME HOUSING RENTAL CA ALEXANDER GP LLC & TFHI RELATED 8 2176852 0 1 0.00010 CANDLESTICK 10A ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 815233752 LOW INCOME HOUSING RENTAL CA N/A 0 0 CANDLESTICK 10A GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 815217187 LOW INCOME HOUSING RENTAL CA N/A 0 0 CLEMENTINA TOWERS ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 474004608 LOW INCOME HOUSING RENTAL CA N/A 0 0 CURRAN HOUSE LIMITED PARTNERSHIP 201 EDDY STREET SAN FRANCISCO CA 94102 870712718 LOW INCOME HOUSING RENTAL CA N/A 0 0 DALT HOTEL LP 201 EDDY STREET SAN FRANCISCO CA 94102 943297657 LOW INCOME HOUSING RENTAL CA N/A 0 0 EDDY AND TAYLOR ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 711039861 LOW INCOME HOUSING RENTAL CA N/A 0 0 ELLIS 350 ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 474051611 LOW INCOME HOUSING RENTAL CA N/A 0 0 ELLIS 350 GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 815268384 LOW INCOME HOUSING RENTAL CA N/A 0 0 ELLIS STREET ASSOCIATES 201 EDDY STREET SAN FRANCISCO CA 94102 943359038 LOW INCOME HOUSING RENTAL CA N/A 0 0 FOLSOM-DORE ASSOCIATES 201 EDDY STREET SAN FRANCISCO CA 94102 710893906 LOW INCOME HOUSING RENTAL CA N/A 0 0 FRANCISCAN TOWER ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 454544498 LOW INCOME HOUSING RENTAL CA N/A 0 0 KLIMM APARTMENTS LP 201 EDDY STREET SAN FRANCISCO CA 94102 651207289 LOW INCOME HOUSING RENTAL CA TNDC-GPLLC & TFHI RELATED -445299 620158 1 1 0.30000 MCALLISTER STREET ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 943212715 LOW INCOME HOUSING RENTAL CA MCALLISTER STREETINC & TNDC RELATED -161846 2403192 0 0 0.99000 MM PRESERVATIONLP 201 EDDY STREET SAN FRANCISCO CA 94102 943374634 LOW INCOME HOUSING RENTAL CA MARIA GP LLC & TFHI RELATED 142710 343933 0 1 0.00100 O'FARRELL TOWERS ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 474023509 LOW INCOME HOUSING RENTAL CA N/A 0 0 OCTAVIA RSU ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 842120618 LOW INCOME HOUSING RENTAL CA N/A 0 0 PENNSYLVANIA 249 HOUSING ASSOCIATES LLC 201 EDDY STREET SAN FRANCISCO CA 94102 934154058 LOW INCOME HOUSING RENTAL CA N/A 0 0 PLAZA APARTMENTS ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 260084394 LOW INCOME HOUSING RENTAL CA N/A 0 0 POLK SENIOR HOUSING ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 562568859 LOW INCOME HOUSING RENTAL CA POLK SENIOR HOUSING LLC RELATED 29894 543835 0 1 0.00010 RITZ HOTELLP 201 EDDY STREET SAN FRANCISCO CA 94102 943297659 LOW INCOME HOUSING RENTAL CA N/A 0 0 ROSA PARKS II GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 862372361 LOW INCOME HOUSING RENTAL CA N/A 0 0 ROSA PARKS II LP 201 EDDY STREET SAN FRANCISCO CA 94102 263975752 LOW INCOME HOUSING RENTAL CA N/A 0 0 RP ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 474067055 LOW INCOME HOUSING RENTAL CA N/A 0 0 RP GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 933671415 LOW INCOME HOUSING RENTAL CA N/A 0 0 SIERRA MADRE ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 922920644 LOW INCOME HOUSING RENTAL CA N/A 0 0 T8 HOUSING PARTNERS LP 201 EDDY STREET SAN FRANCISCO CA 94102 474956421 LOW INCOME HOUSING RENTAL CA N/A 0 0 T8 URBAN HOUSING ASSOCIATES BMR LP 201 EDDY STREET SAN FRANCISCO CA 94102 474966946 LOW INCOME HOUSING RENTAL CA N/A 0 0 TURK & EDDY ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 264645950 LOW INCOME HOUSING RENTAL CA TURK & EDDY GP LLC RELATED 34412 14916264 0 0 0.70000 TURK 500 ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 814280379 LOW INCOME HOUSING RENTAL CA N/A 0 0 WEST HOTEL LP 201 EDDY STREET SAN FRANCISCO CA 94102 141881647 LOW INCOME HOUSING RENTAL CA N/A 0 0 YOSEMITE APARTMENT ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 845118214 LOW INCOME HOUSING RENTAL CA N/A 0 0 249 PENNSYLVANIA ASSOCIATES LP 201 EDDY STREET SAN FRANCISCO CA 94102 992192373 LOW INCOME HOUSING RENTAL CA N/A 0 0 220 GOLDEN GATE HISTORIC CORP 201 EDDY STREET SAN FRANCISCO CA 94102 272153989 LOW INCOME HOUSING RENTAL CA N/A C 1 O'FARRELL TOWERS GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 475337625 LOW INCOME HOUSING RENTAL CA N/A C 1 E & T HOUSING GP LLC 201 EDDY STREET SAN FRANCISCO CA 94102 821734746 LOW INCOME HOUSING RENTAL CA N/A C 1 1 1 1 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 KLIMM APARTMENT LP A 928682 FMV - ARMS LENGTH YOSEMITE APARTMENTS ASSOCIATES LP A 122555 FMV - ARMS LENGTH KLIMM APARTMENT LP D 634988 FMV - ARMS LENGTH FRANCISCAN TOWERS ASSOCIATES LP D 1040000 FMV - ARMS LENGTH AMBASSADOR 4 ASSOCIATES LP D 4678674 FMV - ARMS LENGTH AMBASSADOR 9 ASSOCIATES LP D 617674 FMV - ARMS LENGTH YOSEMITE APARTMENTS ASSOCIATES LP D 9139190 FMV - ARMS LENGTH 681 FLORIDA HOUSING ASSOCIATES LP D 1250000 FMV - ARMS LENGTH PLAZA RAMONA APARTMENTS L 86397 FMV - ARMS LENGTH KLIMM APARTMENTS LP L 57598 FMV - ARMS LENGTH DALT HOTEL LP L 218386 FMV - ARMS LENGTH 864 ELLIS L 55987 FMV - ARMS LENGTH ANTONIA MANOR L 126084 FMV - ARMS LENGTH MARIA MANOR L 112812 FMV - ARMS LENGTH ALEXANDER RESIDENCE L 169692 FMV - ARMS LENGTH WEST HOTEL LP L 143995 FMV - ARMS LENGTH CURRAN HOUSE LP L 153168 FMV - ARMS LENGTH EDDY AND TAYLOR ASSOCIATES LP L 116754 FMV - ARMS LENGTH 990 POLK L 146892 FMV - ARMS LENGTH CCR L 238008 FMV - ARMS LENGTH TURK-EDDY L 112454 FMV - ARMS LENGTH SOMA STUDIOS APARTMENTSHOWARD L 96983 FMV - ARMS LENGTH SOMA FAMILY APARTMENTSHOWARD L 134517 FMV - ARMS LENGTH FOLSOM-DORE ASSOCIATES LP L 110544 FMV - ARMS LENGTH OFARRELL TOWERS ASSOCIATES LP L 95748 FMV - ARMS LENGTH MOSAICA-FAMILY L 111915 FMV - ARMS LENGTH 220 GOLDEN GATE ASSOCIATES LP L 238621 FMV - ARMS LENGTH FRANCISCAN TOWERS ASSOCIATES LP L 139823 FMV - ARMS LENGTH 430 TURK ASSOCIATES LP L 85440 FMV - ARMS LENGTH 939&951 EDDY ASSOCIATES LP L 54900 FMV - ARMS LENGTH 1036 MISSION ASSOCIATES LP L 104100 FMV - ARMS LENGTH ROSA PARK II LP-WILLIE B KENNEDY L 89376 FMV - ARMS LENGTH RP ASSOCIATES LP L 202188 FMV - ARMS LENGTH CLEMENTINA TOWERS ASSOCIATES LP L 274896 FMV - ARMS LENGTH ELLIS 350 ASSOCIATES LP L 95616 FMV - ARMS LENGTH 1300 FOURTH STREET ASSOCIATES LP L 140163 FMV - ARMS LENGTH TURK 500 ASSOCIATES LP L 101088 FMV - ARMS LENGTH 681 FLORIDA HOUSING ASSOCIATES LP L 121384 FMV - ARMS LENGTH 180 JONES ASSOCIATES LP L 70797 FMV - ARMS LENGTH AMBASSADOR 4 ASSOCIATES LP L 169844 FMV - ARMS LENGTH 5TH AND HOWARD ASSOCIATES LP L 241083 FMV - ARMS LENGTH 270 TURK STREET L 91221 FMV - ARMS LENGTH 125 MASON L 73386 FMV - ARMS LENGTH TURK STREET INC B 8054498 FMV - ARMS LENGTH POLK SENIOR HOUSING ASSOCIATES LP B 225000 FMV - ARMS LENGTH TURK STREET INC C 52129 FMV - ARMS LENGTH TAYLOR FAMILY HOUSING INC C 246657 FMV - ARMS LENGTH TNDC SUPPORTING FUND (TSF) C 10500000 FMV - ARMS LENGTH