Overview

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Est.

1981

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Cabrillo Economic Development Corporation is dedicated to housing development, with a mission to create inclusive residential communities that provide access to affordable, secure, and quality housing, enabling residents to thrive. With an operating budget of $3.9 million and total revenue of $4.5 million for the 2024 filing year, the organization receives significant support from major funders, including NETWORK FOR GOOD and The Bank of America Charitable Foundation Inc. Notably, no single funder contributes 50% or more of its revenue. For more information, visit www.cabrilloedc.org.

Mission Statement

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.
Revenues
$4.5M
Expenses
$3.9M
Net Income:
+$621.3K
Assets
$79.6M
Liabilities
$35.8M
Net Assets:
+$43.8M
Operating Budget
$3.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$50K
Largest grant received
$264.5K
M
Margarita De Escontrias
Board Member
V
Victoria Brady
Board Member
N
Naomi Ontiveros
Board Member

Frequently Asked Questions

What is CABRILLO ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, CABRILLO ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $3.9 million. More detailed financial information is available to registered users.
What causes does CABRILLO ECONOMIC DEVELOPMENT CORPORATION support?
CABRILLO ECONOMIC DEVELOPMENT CORPORATION supports work in Housing development.
Where does CABRILLO ECONOMIC DEVELOPMENT CORPORATION operate?
CABRILLO ECONOMIC DEVELOPMENT CORPORATION is headquartered in Ventura, CA.
Who funded CABRILLO ECONOMIC DEVELOPMENT CORPORATION recently?
In 2025, CABRILLO ECONOMIC DEVELOPMENT CORPORATION received grants from THDF II Inc DBA The Home Depot Foundation & Homer Fund, CHARITIES AID FOUNDATION AMERICA, and NEIGHBORHOOD REINVESTMENT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant CABRILLO ECONOMIC DEVELOPMENT CORPORATION received in 2024?
The largest grant to CABRILLO ECONOMIC DEVELOPMENT CORPORATION in 2024 exceeds $265 thousand.
What is CABRILLO ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
CABRILLO ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 10% of their total revenue in 2024.