California · Nonprofit
Skid Row Development Corporation
Skid Row Development Corporation (California) receives grants from 1 organization whose IRS filings report $67,514 to it, the largest being SHELTER PARTNERSHIP INC ($67,514). 1 of them have funded it in more than one year.
- Revenue FY2025
- $583k
- Funders on record
- 1
- Grants received
- $68k
- Net assets
- $-13107864
What Skid Row Development Corporation does
Mission
The principal purpose of the Skid Row Development Corporation is to increase economic development opportunities and social services to the community directly east of downtown los angeles, commonlly known as "skid row". This purpose shall be served by providing housing and economic development services.
As stated on its FY2025 Form 990.
Programs
Skid Row Development Corporation (SRDC) operates two low-income single room occupancy hotels (Norbo Hotel and Marion Hotel) which are located in the downtown Skid Row Community of Los Angeles.Norbo Hotel is a 57-unit 4-story structure with single-room occupancy with commercial space on the ground floor. Amenities include semi-furnished rooms which consist of a bed, a refrigerator, and a closet. Bathrooms and showers are located in the rooms and several are located at each floor to accomodate tenants on their floors. Also, there is a laundry facility and a community kitchen both located on the first floor.Marion Hotel is a 44-unit 3-story structure with single-room occupancy. Amenities include semi-furnished rooms which consist of a bed, a refrigerator, and a sink. Bathrooms and showers are not located in the room and several are located at each floor to accomodate tenants on their floors. Also, there is a laundry facility and a community kitchen both located on the first floor.
$1,154,967 spent$448,857 earned by the program88% of program spendingKing boulevard apartments - srdc operates three apartment buildings emergency food and shelter for the los angeles skid row community. Containing a toal of 17 residential rental units. The units are occupied by graduates of srdc's transition house proejct and other low-income tenants. For social services available upon request, and on-site alcohol & drug counseling services.
$152,103 spent$120,404 earned by the program12% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,307,070.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $266k to $1.8M (+570%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2018 8% · 2019 42% · 2020 48% · 2021 41% · 2022 32% · 2023 24% · 2024 4%. Grants only. Government contracts and fees sit inside program revenue.
0% of Skid Row Development Corporation’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Marcia Reddy
CEO
Board chair
Robert Pratt
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2020 → 2023: the base held at 1 funder, grant income rose $0 → $15k.
From the IRS filings of Skid Row Development Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of Skid Row Development Corporation's grant income comes from California funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Skid Row Development Corporation's funding has concentrated — grant income rose while the number of funders held roughly flat.
this organization peer median middle 50% of peers· 4,980 housing & shelter nonprofits $100k–$1M, FY2025
Government funding Skid Row Development Corporation receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- Department of Health and Human Services$2.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like Skid Row Development Corporation
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for Skid Row Development Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Skid Row Development Corporation?
- Skid Row Development Corporation (California) receives grants from 1 organization whose IRS filings report $67,514 to it, the largest being SHELTER PARTNERSHIP INC ($67,514). 1 of them have funded it in more than one year.
- How many funders does Skid Row Development Corporation have?
- IRS filings report 1 organization giving $67,514 in grants to Skid Row Development Corporation, 1 of which have funded it in more than one year.
- Who is the largest funder of Skid Row Development Corporation?
- SHELTER PARTNERSHIP INC is the largest funder on record, with $67,514 in grants. The full list of funders is on this page.
- How can an organization like Skid Row Development Corporation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Skid Row Development →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing