Logan Heights Community Development Corporation
- Assets
- $6.6m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 60
- Location
- San Diego, CA
- Founding
- 04/1996
- Data as of
- 09/2023
- EIN
- 33-0677938
Organization Overview
Logan Heights Community Development Corporation is located in San Diego, CA. The organization was established in 1996. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2023, Logan Heights Community Development Corporation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan Heights Community Development Corporation 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 09/2023, Logan Heights Community Development Corporation generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.3% each year . All expenses for the organization totaled $3.3m during the year ending 09/2023. While expenses have increased by 44.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS STRENGTHENING RESIDENTS AND BUSINESSES IN GREATER LOGAN HEIGHTS NEIGHBORHOODS THROUGH COMMUNITY EMPOWERMENT, EDUCATION, ECONOMIC GROWTH, AND HOUSING DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH EMPOWERMENT & DIVERSION (YED)MOTTO: EMPOWERING TODAY, BUILDING TOMORROWAT LOGAN HEIGHTS CDC, WE FORTIFY GREATER LOGAN HEIGHTS NEIGHBORHOODS THROUGH COMMUNITY EMPOWERMENT, EDUCATION, ECONOMIC GROWTH, AND HOUSING DEVELOPMENT. OUR "YOUTH EMPOWERMENT AND DIVERSION" INITIATIVE DIRECTS THIS COMMITMENT TO SHAPE, MENTOR, ENCOURAGE, AND ENGAGE YOUTH IN THE GREATER LOGAN HEIGHTS (GLH) AND SAN DIEGO.WE NURTURE THEIR POTENTIAL THROUGH TARGETED PROGRAMS, FOSTERING RESILIENCE AND LEADERSHIP. COLLABORATIVE EDUCATION, MENTORSHIP, AND INNOVATIVE DIVERSION EMPOWER THEM TO EMBRACE OPPORTUNITIES AND OVERCOME CHALLENGES, BUILDING A COMMUNITY OF PROGRESS.INVESTING IN OUR YOUTH TODAY, WE CREATE A VIBRANT TOMORROW FOR GREATER LOGAN HEIGHTS. JOIN US IN FORGING A PATH OF EMPOWERMENT, INSPIRATION, AND POSITIVE TRANSFORMATION.
ECONOMIC DEVELOPMENTMOTTO: MOVING FORWARD TOGETHERWE WANT TO MAKE THINGS BETTER IN LOGAN HEIGHTS, AND WE'RE DOING IT THROUGH THE CAREER FINANCIAL ADVANCEMENT CENTER (CFAC) AND SMALL BUSINESS, WHICH TOGETHER FORM THE ECONOMIC DEVELOPMENT DEPARTMENT. ECONOMIC DEVELOPMENT EXISTS TO HELP PEOPLE, FAMILIES, AND BUSINESSES IN THE GREATER LOGAN HEIGHTS (GLH) COMMUNITY.IN OUR PURSUIT OF ENHANCING THE WELL-BEING OF THE LOGAN HEIGHTS COMMUNITY, THE CAREER FINANCIAL ADVANCEMENT CENTER (CFAC) AND SMALL BUSINESS INITIATIVES PLAY CRUCIAL ROLES WITHIN OUR ECONOMIC DEVELOPMENT DEPARTMENT. THE PRIMARY GOAL OF THESE PROGRAMS IS TO EMPOWER INDIVIDUALS, FAMILIES, AND BUSINESSES IN THE GREATER LOGAN HEIGHTS (GLH) COMMUNITY.THE CAREER FINANCIAL ADVANCEMENT CENTER (CFAC) SERVES AS A CATALYST FOR PERSONAL AND PROFESSIONAL GROWTH. THROUGH COMPREHENSIVE PROGRAMS AND RESOURCES, CFAC AIMS TO EQUIP INDIVIDUALS WITH THE NECESSARY SKILLS AND KNOWLEDGE TO ADVANCE IN THEIR CAREERS. THIS INCLUDES OFFERING EDUCATIONAL OPPORTUNITIES, SKILL DEVELOPMENT WORKSHOPS, AND MENTORSHIP PROGRAMS TO FOSTER LONG-TERM SUCCESS AND FINANCIAL STABILITY.IN PARALLEL, OUR SMALL BUSINESS INITIATIVE WITHIN THE ECONOMIC DEVELOPMENT DEPARTMENT IS DEDICATED TO FOSTERING ENTREPRENEURSHIP AND SUPPORTING LOCAL BUSINESSES. WE BELIEVE IN THE POTENTIAL OF SMALL BUSINESSES TO DRIVE ECONOMIC GROWTH AND CREATE A VIBRANT LOCAL ECONOMY. THROUGH TAILORED ASSISTANCE, INCLUDING ACCESS TO FUNDING, BUSINESS DEVELOPMENT RESOURCES, AND MENTORSHIP, WE STRIVE TO NURTURE THE GROWTH OF SMALL ENTERPRISES IN LOGAN HEIGHTS.TOGETHER, THE CFAC AND SMALL BUSINESS PROGRAMS FORM A COHESIVE APPROACH TO ADDRESS THE DIVERSE NEEDS OF OUR COMMUNITY. BY FOCUSING ON BOTH INDIVIDUAL AND BUSINESS DEVELOPMENT, WE AIM TO CREATE A SUSTAINABLE AND THRIVING ENVIRONMENT IN GREATER LOGAN HEIGHTS. THROUGH THESE INITIATIVES, WE ENVISION A COMMUNITY WHERE EVERYONE HAS THE OPPORTUNITY TO SUCCEED, FAMILIES CAN THRIVE, AND LOCAL BUSINESSES CONTRIBUTE TO THE OVERALL PROSPERITY OF LOGAN HEIGHTS.
FUTURE ACHIEVERS PRESCHOOLMOTTO: PREPARING FOR A BRIGHTER FUTUREOUR MISSION IS TO OFFER SUPERB CARE AND EDUCATION TO CHILDREN WHILE FOSTERING EACH ONE'S CREATIVE, INTELLECTUAL, SOCIAL, PHYSICAL, AND MORAL GROWTH IN A STEAM ACADEMIC-RICH ATMOSPHERE.AT LOGAN HEIGHTS, OUR DEDICATION LIES IN STRENGTHENING GREATER LOGAN HEIGHTS NEIGHBORHOODS BY FOSTERING EMPOWERMENT, EDUCATION, GROWTH, AND DEVELOPMENT. ROOTED IN THIS COMMITMENT, OUR "YOUTH EMPOWERMENT AND DIVERSION" INITIATIVE RESONATES WITH THE MISSION OF FUTURE ACHIEVERS PRESCHOOL.JUST AS WE AIM TO EMPOWER THE NEXT GENERATION THROUGH TARGETED PROGRAMS, FUTURE ACHIEVERS PRESCHOOL STANDS DEVOTED TO OFFERING SUPERB CARE AND EDUCATION. THEIR FOCUS ON NURTURING CREATIVE, INTELLECTUAL, SOCIAL, PHYSICAL, AND MORAL GROWTH WITHIN A STEAM ACADEMIC-RICH ATMOSPHERE ALIGNS PERFECTLY WITH OUR SHARED GOAL OF FOSTERING HOLISTIC EXCELLENCE.TOGETHER, WE SHAPE RESPONSIBLE, RESILIENT YOUNG INDIVIDUALS WHO NOT ONLY LEAD THEIR COMMUNITIES TOWARDS A BRIGHTER FUTURE BUT ALSO EMBRACE THE VALUES OF CREATIVITY, INTELLECT, AND MORALITY. THROUGH COLLABORATIVE EFFORTS, OUR ORGANIZATIONS JOIN HANDS TO PROVIDE A SEAMLESS CONTINUUM OF EMPOWERMENT, PREPARING CHILDREN FOR A LIFETIME OF ACHIEVEMENTS.AS WE INVEST IN THEIR POTENTIAL TODAY, WE ARE SOWING THE SEEDS OF A STRONGER, MORE VIBRANT TOMORROW FOR ALL RESIDENTS OF GREATER LOGAN HEIGHTS. JOIN US AS WE FORGE A PATH OF EMPOWERMENT, INSPIRATION, AND POSITIVE TRANSFORMATION FROM THE VERY START OF THEIR EDUCATIONAL JOURNEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Tamayo Chair | OfficerTrustee | 4 | $0 |
Arturo Rivera Vice Chair | OfficerTrustee | 2 | $0 |
Kathleen Mugrage Secretary | OfficerTrustee | 2 | $0 |
Jeanette Williams Director | Trustee | 2 | $0 |
Erica Bocian Director | Trustee | 2 | $0 |
Derrick Gilliam Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,757 |
| Related organizations | $0 |
| Government grants | $488,637 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,531,397 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,025,791 |
| Total Program Service Revenue | $805,102 |
| Investment income | $12,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $73,501 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,436 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,947,055 |
| 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. | $329,809 |
| Compensation of current officers, directors, key employees. | $104,716 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,488,227 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,004 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $271,315 |
| Travel | $38,419 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $84,513 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $67,004 |
| All other expenses | $858 |
| Total functional expenses | $3,292,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,441,349 |
| Savings and temporary cash investments | $85,189 |
| 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 | $4,096,145 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,709 |
| Total assets | $6,632,392 |
| Accounts payable and accrued expenses | $17,258 |
| 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 | $2,241,213 |
| Other liabilities | $144,106 |
| Total liabilities | $2,402,577 |
| Net assets without donor restrictions | $3,821,415 |
| Net assets with donor restrictions | $408,400 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,632,392 |