CABRILLO ECONOMIC DEVELOPMENT CORP

As filed

Subsection

03

NTEE code

L20Z

Classification

1000

Street

702 COUNTY SQUARE DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

3 other organizations in the IRS Business Master File list the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• PASEO DE LUZ INC

  EIN 90-0484894

• RANCHO SESPE WORKERS IMPROVEMENT ASSOCIATION CORP

  EIN 95-3713078

• SANTA PAULAN SENIOR APARTMENTS INC A CALIF NONPROFIT BENEFIT CORP

  EIN 77-0282246

Mission and programs · 2024

• TO PROVIDE SAFE, AFFORDABLE HOMEOWNERSHIP AND RENTAL OPPORTUNITIES TO LOW-INCOME, MINORITY, AND OTHER DISADVANTAGED INDIVIDUALS AND FAMILIES IN VENTURA AND SANTA BARBARA COUNTIES AND ADJACENT AREAS IN LOS ANGELES COUNTY. THE ORGANIZATION ACCOMPLISHES THIS OBJECTIVE THROUGH ITS FOUR DIVISIONS AS FOLLOWS:HOUSING DEVELOPMENTHOUSING DEVELOPMENT PROVIDES SAFE, AFFORDABLE HOMEOWNERSHIP AND RENTAL OPPORTUNITIES TO LOW-INCOME, MINORITY, AND OTHER DISADVANTAGED INDIVIDUALS AND FAMILIES IN VENTURA AND SANTA BARBARA COUNTIES AND ADJACENT AREAS IN LOS ANGELES COUNTY. THE REAL ESTATE DEVELOPMENT DIVISIONS (REDD) AS A MAJOR COMPONENT OF HOUSING DEVELOPMENT, PRIMARY FUNCTIONS ARE TO COMPLETE THE ACQUISITION, FINANCE, AND PRE-CONSTRUCTION STAGES OF AFFORDABLE HOUSING DEVELOPMENT. AFTER REDD ASSESSES THE VIABILITY OF ACQUIRING LAND, THE DEPARTMENT BEGINS A MULTI-FACETED REVIEW PROCESS. IF A PROJECT IS DEEMED FINANCIALLY FEASIBLE AND ALIGNED WITH CEDCS CORE GOALS, REDD WORKS TO SECURE FUNDING THROUGH A VARIETY OF PUBLIC AND PRIVATE SOURCES.RESIDENT AND COMMUNITY SERVICESTHE CABRILLO ECONOMIC DEVELOPMENT CORPORATION RESIDENT AND COMMUNITY SERVICES WORKS WITH RESIDENTS LIVING IN CEDC PROPERTIES AND IN NEIGHBORHOODS WHERE CEDC PROPERTIES ARE LOCATED, FOCUSING ON RESIDENT ENGAGEMENT AND LEADERSHIP, AND COMMUNITY ORGANIZING. RESIDENT AND COMMUNITY SERVICES PROGRAMS INCLUDE:- HOMEWORK CLUBS AND AFTER SCHOOL PROGRAMS- FITNESS AND NUTRITION PROGRAMS- EMPOWERMENT PROGRAMS FOR ADULTS- EDUCATION PROGRAMS FOR ADULTS AND YOUTH- LEADERSHIP DEVELOPMENT FOR YOUTHPROPERTY MANAGEMENTCABRILLO ECONOMIC DEVELOPMENT CORPORATION'S GOAL IS TO MEET THE HIGH DEMAND FOR SAFE, DECENT AND AFFORDABLE HOMES FOR FAMILIES, SPECIAL NEEDS, AND THE SENIOR COMMUNITY. CEDC'S PROPERTY AND ASSET MANAGEMENT DIVISIONS SUPPORTS THIS EFFORT BY PROFESSIONALLY MANAGING OUR RENTAL HOMES COMMUNITIES WHILE OFFERING QUALITY LIVING AT ITS BEST. IN TOTAL, THE CEDC PROPERTY AND ASSET MANAGEMENT DIVISION MANAGES MORE THAN 1,300 AFFORDABLE RENTAL HOMES ACROSS 27 PROPERTIES. RENTAL OPERATIONSCABRILLO ECONOMIC DEVELOPMENT CORPORATION, THOUGH ITS SOLELY OWNED PROPERTIES, PROVIDES AFFORDABLE, QUALITY HOMES THROUGHOUT VENTURA AND SANTA BARBARA COUNTIES. THE RENTAL OPERATIONS INCLUDE THE OWNERSHIP ACTIVITIES OF BOTH OPERATING AND MANAGING OF ITS SOLELY OWNED PROPERTIES.

  Expenses $2,610,633 · Revenue $4,478,964

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $4,478,964

  Expenses

  $3,857,667

  Contributions

  $992,169

  Grants paid

  $0

• 2023

  Revenue

  $4,203,148

  Expenses

  $3,921,523

  Contributions

  $571,068

  Grants paid

  $0

• 2022

  Revenue

  $3,242,032

  Expenses

  $3,275,962

  Contributions

  $413,919

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $4,254,195

  Expenses

  $3,352,216

  Assets (EOY)

  $56,500,393

• 2020 · 990

  Revenue

  $2,552,869

  Expenses

  $3,641,525

  Assets (EOY)

  $56,001,944

• 2019 · 990

  Revenue

  $4,658,020

  Expenses

  $4,095,537

  Assets (EOY)

  $57,806,052

• 2018 · 990

  Revenue

  $3,890,644

  Expenses

  $3,452,151

  Assets (EOY)

  $56,412,677

• 2017 · 990

  Revenue

  $4,611,315

  Expenses

  $4,190,777

  Assets (EOY)

  $59,199,108

• 2016 · 990

  Revenue

  $3,713,282

  Expenses

  $4,370,796

  Assets (EOY)

  $60,299,404

• 2015 · 990

  Revenue

  $4,790,179

  Expenses

  $5,089,980

  Assets (EOY)

  $62,017,725

• 2014 · 990

  Revenue

  $6,487,938

  Expenses

  $4,903,499

  Assets (EOY)

  $60,388,338

• 2013 · 990

  Revenue

  $3,708,903

  Expenses

  $5,176,051

  Assets (EOY)

  $58,007,482

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $7,379,396

  Assets (EOY)

  $59,224,152

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• NEIGHBORHOOD REINVESTMENT CORP

  $276,250

  2022 · GENERAL SUPPORT

• NEIGHBORHOOD REINVESTMENT CORP

  $270,500

  2024 · GENERAL SUPPORT

• NEIGHBORHOOD REINVESTMENT CORP

  $264,500

  2023 · GENERAL SUPPORT

• THDF II INC

  $200,000

  2023 · To assist local charities

• THDF II INC

  $200,000

  2024 · To assist local charities

• LOCAL INITIATIVES SUPPORT CORPORATION

  $59,786

  2024 · SEE PART IV

• LOCAL INITIATIVES SUPPORT CORPORATION

  $40,000

  2023 · SEE PART IV

• LOCAL INITIATIVES SUPPORT CORPORATION

  $33,000

  2022 · SEE PART IV

• AMERICAN ONLINE GIVING FOUNDATION INC

  $15,000

  2022 · GENERAL SUPPORT

• CHARITIES AID FOUNDATION AMERICA

  $10,000

  2024 · CHARITABLE DONATION

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files