TEMENOS COMMUNITY DEVELOPMENT CORPO RATION
Mission Statement
Since 2006, Temenos CDC has been developing permanent supportive housing for individuals experiencing chronic homelessness. Located across Houston’s Downtown, Midtown, and East End neighborhoods, our community provides affordable housing and essential supportive services that help residents rebuild their lives and remain stably housed amid ongoing neighborhood revitalization. Through wraparound support, Temenos CDC offers onsite case management that connects residents to free or reduced-cost healthcare, mental health services, therapy, and resources for food, hygiene, and household insecurity. Our team serves Houston’s most vulnerable populations, offering a safe and stable place to live while residents begin their journey toward healing and independence.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
74.5% | 87.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.5% | 10.3% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
6.7 mo | 12.6 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
60.5% | 39.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
71.9% | 89.9% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-25.7% | 6.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-22.4% | 6.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-30.0% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.3M | $3.0M | $1.7M | 74.5% | 44 |
| 2023 | $3.1M | $3.8M | $2.3M | 82.0% | 42 |
| 2022 | $2.1M | $2.5M | $3.1M | 77.0% | 42 |
| 2021 | $-300,037 | $2.7M | N/A | — | 42 |
| 2020 | $8.1M | $3.5M | N/A | — | 59 |
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