Escondido Gardens Housing Foundation
- Assets
- $7.2m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 2
- Location
- San Diego, CA
- Founding
- Data as of
- 12/2018
- EIN
- 33-0618893
Organization Overview
Escondido Gardens Housing Foundation is located in San Diego, CA. As of 12/2018, Escondido Gardens Housing Foundation employed 2 individuals. Escondido Gardens Housing Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Escondido Gardens Housing Foundation generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 72.2% each year . All expenses for the organization totaled $773.5k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
LOW INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESCONDIDO GARDENS HOUSING FOUNDATION WAS ORGANIZED FOR THE PURPOSE OF PROVIDING 92 RENTAL HOUSING UNITS TO LOW-INCOME AND MODERATE INCOME FAMILIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mcelroy President | OfficerTrustee | 0.5 | $0 |
Christopher Harris Member | Trustee | 0.5 | $0 |
Cindy Lehman Secretary | OfficerTrustee | 0.5 | $0 |
Robb Lally Member | Trustee | 0.5 | $0 |
Brad Lovelace Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $59,823 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,823 |
| Total Program Service Revenue | $774,549 |
| Investment income | $579 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,272,234 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,107,185 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $82,331 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,525 |
| Payroll taxes | $7,642 |
| Fees for services: Management | $70,186 |
| Fees for services: Legal | $4,888 |
| Fees for services: Accounting | $20,984 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,520 |
| Advertising and promotion | $0 |
| Office expenses | $17,560 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $500 |
| Interest | $73,746 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $158,830 |
| Insurance | $25,363 |
| All other expenses | $32,893 |
| Total functional expenses | $773,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,223,251 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,223,251 |
| Accounts payable and accrued expenses | $77 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $77 |
| Unrestricted restricted net Assets | $7,223,174 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $7,223,174 |