Quality Development And Construction Inc
- Assets
- $7.2m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Irvine, CA
- Founding
- 11/2013
- Data as of
- 12/2019
- EIN
- 46-0815785
Organization Overview
Quality Development And Construction Inc, operating under the name Quality Development & Construction, is located in Irvine, CA. The organization was established in 2013. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Quality Development & Construction generated $11.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $11.7m during the year ending 12/2019. While expenses have increased by 9.2% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
QUALITY DEVELOPMENT AND CONSTRUCTION, INC. PROVIDES ARCHITECTURAL AND CONSTRUCTION ADMINISTRATION SERVICES TO DEVELOPERS OF AFFORDABLE HOUSING PROJECTS FOR LOW INCOME PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE AS A GENERAL CONTRACTOR, TECHNICAL CONSULTANT, DESIGN EXPERT AND CONSTRUCTION MANAGER FOR AFFORDABLE HOUSING DEVELOPMENT IN ORDER TO INCREASE THE QUALITY, COST EFFICIENCY AND SUSTAINABILITY OF THE PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela L Sapetto Chairman | OfficerTrustee | 0 | $0 |
Mark Hoover Treasurer | OfficerTrustee | 0 | $0 |
Mary Lynn Coffee Vice Chair | OfficerTrustee | 0 | $0 |
Cesar Covarrubias Secretary | OfficerTrustee | 0 | $0 |
Mary Jo Goelzer Vp, Marketing & Communicat | Officer | 1 | $0 |
Jeree Glasser-Hedrick Vp, Northern California | Officer | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shan Colson Dba Colson Plumbing Plumbing Fixtures And Trim | 12/30/17 | $196,910 |
Harold E Sandborn Dba A-custom Glass Glass Windows And Doors | 12/30/17 | $158,921 |
Nicola Lenni Dba Nicola Lenni Constructi General Construction | 12/30/17 | $204,003 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $11,427,662 |
| Investment income | $136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,427,798 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $500,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,267 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,500 |
| Advertising and promotion | $0 |
| Office expenses | $217 |
| Information technology | $17,661 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,476 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,969 |
| All other expenses | $0 |
| Total functional expenses | $11,737,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,497,845 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,648,581 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,561 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,151,987 |
| Accounts payable and accrued expenses | $6,028,245 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,028,245 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,123,742 |
| Total liabilities and net assets/fund balances | $7,151,987 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Irvine Campus Housing Authority Irvine, CA | $90,291,490 | $26,674,526 |
Montecedro Inc Monrovia, CA | $187,499,687 | $19,916,172 |
Quality Development And Construction Inc Irvine, CA | $7,151,987 | $11,427,798 |
Destination Home Sv Mountain View, CA | $41,518,782 | $18,470,056 |
Jewish Senior Living Group San Francisco, CA | $2,332,058 | $8,939,808 |
Mmm East Inc San Francisco, CA | $119,188,070 | $6,506,473 |
Covia Foundation Walnut Creek, CA | $15,242,490 | $5,427,768 |
Rhf Holdings Group Inc Long Beach, CA | $60,439,706 | $3,964,114 |
Claremont Investment Management Company Claremont, CA | $1,000 | $3,676,693 |
Bridge Community Impact San Francisco, CA | $6,385,482 | $4,564,886 |
Cedarsinai Park Foundation Portland, OR | $11,237,596 | $2,147,492 |
The Jewish Home And Senior Living Foundation San Francisco, CA | $89,528,323 | $7,958,630 |