Mission
TO ACQUIRE AND DEVELOP REAL PROPERTY AS AFFORDABLE HOUSING.
Public Charity
CENTURY AFFORDABLE DEVELOPMENT INC
CENTURY AFFORDABLE DEVELOPMENT INC is a nonprofit organization categorized as Public Charity based in CULVER CITY, CA. Its most recent IRS filing (2024) reports revenue of $12.4M, expenses of $3.9M, total assets of $84.4M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $1.2M.
EIN: 954648166
CULVER CITY, CA
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$12.4M
Total Expenses$3.9M
Total Assets$84.4M
Grant Records5
Funding Total$1.2M
Filing Years2019–2024
Where $100 goes at Century Affordable Development Inc
How Century Affordable Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$96
Programs
the work itself
$4
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $96 for programs
$96
The organization acquired and sold properties to maintain affordable housing
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.
Sample Grants Received
To assist local charities
$500,000
To assist local charities
$500,000
COMMUNITY IMPROVEMENT & DEVELOPMENT
$19,443
TO ASSIST LOCAL CHARITIES
$150,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
SENIOR VP AND CFO
Alan R Hoffman
SENIOR DEVELOPMENT MANAGER
Alexandros B Stamas
ASSISTANT SECRETARY
Beulah Ku
SENIOR VICE PRESIDENT
Brian Nicholas Dandrea
DIRECTOR
Carrie Hawkins
ASSOCIATE DIRECTOR
Christoper L Pope
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $12.4M | $3.9M | $84.4M |
| 2023 | $15.9M | $4.0M | $70.4M |
| 2022 | $4.3M | $3.3M | $55.1M |
| 2020 | $17.4M | $2.4M | $45.2M |
| 2019 | $4.4M | $2.1M | $28.8M |
Between 2019 and 2024, reported annual revenue grew from $4.4M to $12.4M (+184%), with total assets most recently reported at $84.4M.
Interactive year-over-year charts and full filing details available with membership.