Public Charity

CABRILLO ECONOMIC DEVELOPMENT CORPORATION

Based in VENTURA, CA, CABRILLO ECONOMIC DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $4.5M in revenue, $3.9M in expenses, $79.6M in total assets for fiscal year 2024. Imperigo tracks 34 reported grant relationships connected to this organization totaling approximately $3.9M.

EIN: 953681521 VENTURA, CA Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$4.5M
Total Expenses$3.9M
Total Assets$79.6M
Grant Records34
Funding Total$3.9M
Filing Years2019–2024

Mission

THE ORGANIZATION'S EXEMPT PURPOSE IS TO DEVELOP, MANAGE AND PROVIDE SERVICE-ENRICHED, INCLUSIVE RESIDENTIAL COMMUNITIES, ENSURING ACCESS TO AFFORDABLE, SECURE, QUALITY HOUSING THAT CREATES THE FOUNDATION FOR OUR RESIDENTS TO GROW AND THRIVE.

Where $100 goes at Cabrillo Economic Development Corporation

How Cabrillo Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$71 Programs the work itself
$25 Management running the organization
$4 Fundraising raising the next dollar

Inside the $71 for programs

$71
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…
All program spending · Reported in the filing: 1,300 homes
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Ada R Cordero-Sacks Esq
PRESIDENT Aiza Galdo
VICE PRESIDENT Alfredo Martinez
DIR. OF REAL ESTATE DEVELOPMENT Derrick Wada
TREASURER Jessica Cook
BOARD MEMBER Louie Valenzuela

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,630,374 18 grants
Civil Rights & Social Justice
$402,648 1 grant
Health & Medicine
$45,000 2 grants
Sports & Recreation
$15,000 1 grant
Unspecified
$771,044 10 grants

Financial Trends

Year Revenue Expenses Assets
2024 $4.5M $3.9M $79.6M
2023 $4.2M $3.9M $65.7M
2022 $3.2M $3.3M $58.3M
2020 $2.6M $3.6M $56.0M
2019 $4.7M $4.1M $57.8M

Between 2019 and 2024, reported annual revenue declined from $4.7M to $4.5M (-4%), with total assets most recently reported at $79.6M.

Interactive year-over-year charts and full filing details available with membership.

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