EIN 47-2164827

Island City Development

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2014
Most recent tax filings
2022-12-01
Description
Island City Development acquires, builds and manages affordable housing for low-income families in Alameda, CA, including Rosefield Village and Everett Commons.
Total revenues
$1,974,565
2022
Total expenses
$233,242
2022
Total assets
$9,569,908
2022
Num. employees
0
2022

Program areas at Island City Development

Littlejohn commons - littlejohn commons, fka del monte senior housing project, is a 31-unit senior rental project consisting of 30 one-bedroom and one two-bedroom manager's unit intended to provide affordable housing for low and very low income seniors in the City of alameda, California. The project was completed as of august 2, 2018, and was 100% leased by august 30, 2018.
Rosefield village- the rosefield village project includes the redevelop- ment of a 53-unit property into 92 units of affordable housing for low income families in the City of alameda, California. This project is in the process of rehabilitation and new construction as of december 31, 2020. Tax credit and construction financing closed in august 2020. The project was placed in service in 2022.
Everett commons - everett commons, fka 2437 eagle avenue family project, is a 20-unit multi-family, townhouse-style property including one two-bedroom manager's unit, intended to provide affordable housing for low and very low income families and veterans in the City of alameda, California. The project completed as of december 17, 2018, and was 100% leased by december 31, 2018.
North housing- north housing project includes the Development of 12 acres of former military land into a new new affordable mixed income neighborhood with a target of 586 new rental homes by 2030. This project is in the predevelopment stage as of december 31, 2022. In 2022 icd created the following legal entities for
For planned future affordable housing acquisition and low-income housing tax credit Development: lakehurst and mosely lp icd lakehurst llc mosely and mabuhay lp icd mosely llc mabuhay and lakehurst lp
Icd mabuhay llc icd webster llc

Personnel at Island City Development

NameTitleCompensation
Vanessa CooperPresident$0
Carly GrobVice President$0
Janet BastaSecretary and Treasurer$0
Brad WeinbergVice President$0

Financials for Island City Development

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,969,828
Investment income and dividends$5,060
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$-323
Total revenues$1,974,565

Form 990s for Island City Development

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-09990View PDF
2020-122021-11-11990View PDF
2019-122021-03-01990View PDF
2018-122020-01-27990View PDF
...and 4 more Form 990s

Organizations like Island City Development

OrganizationLocationRevenue
Tennessee Housing Development CorporationJackson, TN$517,572
Grand Forks HomesGrand Forks, ND$4,265,696
Hope CommunityNew York, NY$6,692,308
Columbia Cascade Housing CorporationThe Dalles, OR$4,495,247
Kings Crossing ApartmentsSaint Paul, MN$495,063
Fort Collins Housing Authority (FCHA)Fort Collins, CO$2,481,924
Common Ground Development CorporationLowell, MA$1,333,407
Tent City CorporationBoston, MA$6,471,977
Ascendant Neighborhood Development CorporationNew York, NY$1,306,420
HHADC IncorporatedHampton, VA$815,408
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
January 16, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 2, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Housing and shelter organizationsHeadquarter / parent organizationsCharities
Issues
Human servicesHousing
Characteristics
Partially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
701 Atlantic Ave
Alameda, CA 94501
Metro area
San Francisco-Oakland-Berkeley, CA
County
Alameda County, CA
Website URL
islandcitydevelopment.org/ 
Phone
(510) 747-4300
IRS details
EIN
47-2164827
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2014
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Central organization
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