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Nonprofiteer
← S V D P MANAGEMENT INC

Form 990 for tax year 2023

Filed by S V D P MANAGEMENT INC.

Totals

Total revenue
$27,175,353
Total expenses
$28,346,512
Contributions and grants received
$6,382,040
Grants paid
$208,209
Program service revenue
$14,177,134
Investment income
$6,314,223
Other revenue
$301,956
Total assets, end of year
$135,430,571
Total liabilities, end of year
$15,236,322
Net assets or fund balances, end of year
$120,194,249
Program services expenses (Part IX)
$9,736,370
Management and general expenses
$13,321,303
Fundraising expenses
$5,288,839
Program service expenses (Part III)
$9,736,370

Program services were 34.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $6,382,040

  • 1g · Noncash contributions included above

    $6,287,469

  • 2a · Program service revenue: CONTRACT SERVICES

    total $10,553,011 · related or exempt $10,553,011

  • 2b · Program service revenue: RENT INCOME

    total $3,624,123 · related or exempt $3,624,123

  • 3 · Investment income

    total $1,271,112 · excluded $1,271,112

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    other assets $5,134,943

  • 7b · Less cost or other basis and sales expenses

    securities $91,832

  • 7c · Gain or loss

    securities -$91,832 · other assets $5,134,943

  • 7d · Net gain or loss

    total $5,043,111 · excluded $5,043,111

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $6,279,853

  • 10b · Cost of goods sold

    $6,436,580

  • 10c · Net income from sales of inventory

    total -$156,727 · related or exempt -$156,727

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $458,683 · related or exempt $0 · unrelated business $0 · excluded $458,683

  • 11e · Other revenue, total

    $458,683

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $208,209 · program services $208,209

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $643,870 · program services $233,218 · management and general $261,279 · fundraising $149,373

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $8,178,649 · program services $2,962,412 · management and general $3,318,857 · fundraising $1,897,380

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $1,084,371 · program services $392,773 · management and general $440,033 · fundraising $251,565

  • 10 · Payroll taxes

    total $846,310 · program services $306,544 · management and general $343,429 · fundraising $196,337

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $19,615 · program services $2,453 · management and general $16,661 · fundraising $501

  • 11c · Fees: accounting

    total $242,877 · management and general $242,877

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $52,082 · management and general $52,082

  • 11g · Fees: other

    total $4,721,156 · program services $1,537,761 · management and general $2,312,041 · fundraising $871,354

  • 12 · Advertising and promotion

    total $1,018,938 · program services $1,325 · fundraising $1,017,613

  • 13 · Office expenses

    total $725,035 · program services $83,905 · management and general $210,648 · fundraising $430,482

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $2,194,413 · program services $2,013,769 · management and general $109,088 · fundraising $71,556

  • 17 · Travel

    total $338,413 · program services $333,315 · management and general $3,764 · fundraising $1,334

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $7,407 · program services $3,332 · management and general $4,075

  • 20 · Interest

    total $166,429 · management and general $166,429

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $1,114,412 · program services $963,822 · management and general $150,590

  • 23 · Insurance

    total $396,566 · program services $114,395 · management and general $234,105 · fundraising $48,066

  • 24a · Other expenses: LOSS ON PARTNERSHIPS

    total $4,375,190 · program services $0 · management and general $4,375,190 · fundraising $0

  • 24b · Other expenses: LICENSES AND FEES

    total $772,393 · program services $159,238 · management and general $579,282 · fundraising $33,873

  • 24c · Other expenses: BAD DEBT EXPENSE

    total $380,501 · program services $380,501 · management and general $0 · fundraising $0

  • 24d · Other expenses: LOSS ON REALLOC OF CAP ACCTS

    total $352,912 · program services $0 · management and general $352,912 · fundraising $0

  • 24e · All other expenses

    total $506,764 · program services $39,398 · management and general $147,961 · fundraising $319,405

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,884,593 · end of year $469,108

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $3,507,270 · end of year $0

  • 4 · Accounts receivable

    beginning of year $179,381 · end of year $351,557

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $57,353,558 · end of year $56,987,571

  • 8 · Inventories for sale or use

    beginning of year $41,273 · end of year $13,840

  • 9 · Prepaid expenses and deferred charges

    beginning of year $570,388 · end of year $869,313

  • 10a · Land, buildings and equipment: cost or other basis

    $35,502,458

  • 10b · Land, buildings and equipment: accumulated depreciation

    $24,696,386

  • 10c · Land, buildings and equipment, net

    beginning of year $11,423,116 · end of year $10,806,072

  • 11 · Investments: publicly traded securities

    beginning of year $8,659,011 · end of year $9,551,590

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $51,474,803 · end of year $45,283,687

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $3,673,821 · end of year $11,097,833

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,892,358 · end of year $2,755,513

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $17,156 · end of year $17,156

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $7,642,484 · end of year $7,095,278

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $4,579,287 · end of year $5,368,375

  • 27 · Net assets without donor restrictions

    beginning of year $119,389,922 · end of year $119,948,242

  • 28 · Net assets with donor restrictions

    beginning of year $1,246,007 · end of year $246,007

Mission and programs · 2023

Mission

OUR MISSION IS TO HELP OUR NEIGHBORS IN NEED BREAK THE CYCLE OF HOMELESSNESS AND POVERTY BY PROMOTING SELF-SUFFICIENCY THROUGH A CONTINUUM OF CARE, MULTI-DISCIPLINARY PROGRAMS, AND PARTNERSHIPS THAT COME TOGETHER IN THE SPIRIT OF OUR CREED TO TEACH, LEARN FROM AND CHALLENGE OUR NEIGHBORS AND ONE ANOTHER.

Activities or mission (Part I)

Our mission is to help our neighbors in need break the cycle of homelessness and poverty.

  • VEHICLE DONATION PROGRAM: SVDP MANAGEMENT, INC. SOLICITS AND ACCEPTS DONATED VEHICLES FOR SALE AT AUCTION. VEHICLES ARE CLEANED UP AND ESSENTIAL REPAIRS ARE MADE WHERE AMOUNTS EXPENDED ARE EXPECTED TO RESULT IN HIGHER PRICES AT AUCTION. ALL OF THE NET PROCEEDS GO DIRECTLY TO SUPPORTING THE NEEDS OF OTHER PROGRAMS. BY CONTINUALLY MONITORING COSTS, WE ARE ABLE TO INCREASE THE AMOUNTS THAT CAN BE USED TO SUBSIDE THE SERVICES PROVIDED TO PARTNER AGENCIES WITH THE MISSION TO SUPPORT PEOPLE EXPERIENCING HOMELESSNESS AND OTHER NEIGHBORS IN NEED.

    Expenses $2,069,716

  • ADMINISTRATIVE SUPPORT: THE ORGANIZATION PROVIDED ACCOUNTING, HUMAN RESOURCES, INFORMATION TECHNOLOGY, AND OTHER ADMINISTRATIVE SERVICES TO PARTNER AGENCIES AT OR BELOW THE COST OF PROVIDING THE SERVICES. BY PROVIDING DISCOUNT RATES TO OTHER NON-PROFIT ORGANIZATIONS, THESE ORGANIZATIONS ARE ABLE TO PROVIDE MORE DIRECT SERVICES TO THOSE IN NEED.

    Expenses $208,209 · Grants $208,209

  • PROPERTY DEVELOPMENT/RENTAL UNIT MANAGEMENT - THE ORGANIZATION HAS DEVELOPED AND PROVIDES MANAGEMENT SERVICES TO PROPERTIES THAT ARE LEASED TO ST. VINCENT DE PAUL VILLAGES TO PROVIDE TRANSITIONAL HOUSING. IN ADDITION, THE ORGANIZATION IS THE GENERAL PARTNER FOR 8 LIMITED PARTNERSHIPS FORMED TO DEVELOP AND MANAGE AFFORDABLE AND TRANSITIONAL HOUSING.

    Expenses $1,693,898 · Revenue $14,177,134

  • Retail program

    Expenses $5,764,547 · Revenue -$156,727

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MELINDA L MALLIE

    CHIEF FINANCE OFFICER

    Total calculated
    $236,880
    From this org
    $236,880
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $236,880
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $236,880

  • ANN WIECZOREK

    GENERAL COUNSEL

    Total calculated
    $178,073
    From this org
    $178,073
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $178,073
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $178,073

  • FRANCISCO PAREDES

    DIR. OF INFORMATION TECHNOLOGY

    Total calculated
    $151,747
    From this org
    $151,747
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,769
    Bonus
    $0
    Other
    $12,978
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $151,747

  • MARIA MONCADA

    SR DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $138,132
    From this org
    $138,132
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JOHN STOCKMAN

    DIRECTOR OF RETAIL OPERATIONS

    Total calculated
    $136,755
    From this org
    $136,755
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • GEORGE LEONARD VERDIN

    SR DIRECTOR OF COMMUNICATIONS

    Total calculated
    $135,723
    From this org
    $135,723
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • WENDY LAM ENDSLEY

    DIRECTOR OF PRINCIPAL GIVING

    Total calculated
    $125,395
    From this org
    $125,395
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JAN KAPLAN

    DIRECTOR OF DONOR RELATIONS

    Total calculated
    $124,861
    From this org
    $124,861
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • JOSHUA BOHANNAN

    CHIEF STRATEGY OFFICER

    Total calculated
    $103,522
    From this org
    $103,522
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • ERIC CASAZZA

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • KEVIN HARKENRIDER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RICHARD NORLING

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • ISABEL RAFFERTY

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • CRISTIANO AMON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BISHOP RAMON BEJARNO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEBORAH BURKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • WENG YEE CHUNG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TIM VAN DAMM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL FARRELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CESAR JIMENEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BOB LEONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN MULVANEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM O'HARA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN LA RAIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MIKE SCHLEYHAHN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KATHLEEN SELLICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JAMIE SETTINERI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KAREN SHIELDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DIANE STUMPH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CAROLINE WINN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ED WITT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jimmy Vargas

    President & CEO

    Total calculated
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 4a:
FORMER CHIEF FINANCE OFFICER, MELINDA L. MALLIE, RECEIVED A SEVERANCE PAYMENT OF $84,000 IN 2023.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • Village Place Apartments LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income $13 · share of assets $677,808 · general or managing partner

    Directly controlled by SVDP MGMT

  • Village Place Apartments LP

    RELATED · Low Income Housin · CA · 99.98% owned · share of income $128,739 · share of assets $654,208

    Directly controlled by SVDP MGMT

  • Villa Harvey Mandel LP

    RELATED · Low Income Housin · CA · 99.99% owned · share of income -$1,074,528 · share of assets $7,625,982 · general or managing partner

    Directly controlled by SVDP MGMT

  • 16th and Market LP

    RELATED · Low Income Housin · CA · 0.05% owned · share of income -$651,122 · share of assets $28,798,353 · general or managing partner

    Directly controlled by SVDP MGMT

  • 3137 El Cajon Boulevard LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income -$507,709 · share of assets $195,635 · general or managing partner

    Directly controlled by SVDP MGMT

  • 15th & Commercial LP

    RELATED · Low Income Housin · CA · 100% owned · share of income -$1,480,022 · share of assets $4,790,575 · general or managing partner

    Directly controlled by BISHOP MAHER CE

  • 14th & Commercial CIC LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income -$1,647,879 · share of assets $7,976,237 · general or managing partner

    Directly controlled by SVDP MGMT

  • 14th & Commercial CIC - VHHP LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income -$452,416 · share of assets $1,089,744 · general or managing partner

    Directly controlled by SVDP MGMT

  • Benson Place LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income -$116 · share of assets $23,072 · general or managing partner

    Directly controlled by Benson PlaceLL

  • 16th & Island LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income $0 · share of assets $2,991 · general or managing partner

    Directly controlled by SVDP MGMT

  • 17th & Commercial LP

    RELATED · Low Income Housin · CA · 0.01% owned · share of income $1 · share of assets $81,182 · general or managing partner

    Directly controlled by SVDP MGMT

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Bishop Maher Center LLC

    C corp · LOW INCOME HOUSIN · CA · 100% owned · share of income -$1,479,912 · share of assets $8,622,954

    Directly controlled by SVDP MGMT

  • C14 Tower LLC

    C Corp · LOW INCOME HOUSIN · CA · 100% owned · share of income -$1,647,879 · share of assets $11,139,836

    Directly controlled by SVDP MGMT

  • C14 VHHP LLC

    C Corp · LOW INCOME HOUSIN · CA · 100% owned · share of income -$452,416 · share of assets $1,955,299

    Directly controlled by SVDP MGMT

  • Benson Place LLC

    C Corp · LOW INCOME HOUSIN · CA · 100% owned · share of income -$116 · share of assets $0

    Directly controlled by SVDP MGMT

  • 16th & Island LLC

    C CORP · LOW INCOME HOUSIN · CA · 100% owned · share of income $0 · share of assets $0

    Directly controlled by SVDP MGMT

  • 17th & Commercial LLC

    C CORP · LOW INCOME HOUSIN · CA · 100% owned · share of income $57 · share of assets $0

    Directly controlled by SVDP MGMT

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349324822

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