Program areas at Cabrillo Economic Development Corporation
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.
Who funds Cabrillo Economic Development Corporation
Grants from foundations and other nonprofits
Personnel at Cabrillo Economic Development Corporation
Name | Title | Compensation | Date of data |
---|
Margarita De Escontrias | Chief Executive Officer | $199,534 | 2024-09-30 |
Victoria Brady | Chief Operating Officer and Chief Financial Officer | $177,351 | 2024-09-30 |
Denise Bickerstaff | Director of Business Development and Administration | $131,968 | 2024-09-30 |
Brenda Mares | Director of Human Resources | | 2024-09-30 |
Bianca Farmer | Director of Resident and Community Services | | 2024-09-30 |
...and 11 more key personnel |
Financials for Cabrillo Economic Development Corporation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $413,919 | $922,866 | -55.1% |
Program services | $2,677,640 | $2,896,443 | -7.6% |
Investment income and dividends | $150,473 | $434,886 | -65.4% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $3,242,032 | $4,254,195 | -23.8% |
Organizations like Cabrillo Economic Development Corporation
Organization | Type | Location | Revenue |
---|
Southeast Community Development Corporation | 501(c)(3) | Baltimore, MD | $3,516,608 |
Pierce County Community Development Corporation | 501(c)(3) | Tacoma, WA | $2,791,795 |
Near North Development Corporation | 501(c)(3) | Chicago, IL | $918,712 |
Codman Square Neighborhood Development Corporation | 501(c)(3) | Dorchester, MA | $7,754,039 |
Tower Grove Community Development Corporation | 501(c)(3) | Saint Louis, MO | $1,347,227 |
Cleveland County Community Development Corporation | 501(c)(3) | Shelby, NC | $815,308 |
Virginia Beach Community Development Corporation (VBCDC) | 501(c)(3) | Virginia Beach, VA | $7,936,723 |
Reach Riverside Development Corporation | 501(c)(3) | Wilmington, DE | $5,546,972 |
Four Directions Development Corpora | 501(c)(3) | Orono, ME | $2,551,410 |
Mid City Redevelopment Alliance | 501(c)(3) | Baton Rouge, LA | $991,579 |
Data update history
September 30, 2024
Updated personnel
Identified 3 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $276,250 from NeighborWorks America July 5, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHousing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 702 County Dr
- Ventura, CA 93003
- Metro area
- Oxnard-Thousand Oaks-Ventura, CA
- County
- Ventura County, CA
- Website URL
- cabrilloedc.org/Â
- Phone
- (805) 659-3791
IRS details
- EIN
- 95-3681521
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1981
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L20: Housing Development, Construction, Management
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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