Housing Trust Fund Ventura County
- Assets
- $8.4m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 3
- Location
- Camarillo, CA
- Founding
- 03/2012
- Data as of
- 12/2021
- EIN
- 45-3191747
Organization Overview
Housing Trust Fund Ventura County is located in Camarillo, CA. The organization was established in 2012. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Housing Trust Fund Ventura County employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Housing Trust Fund Ventura County 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 12/2021, Housing Trust Fund Ventura County generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.4% each year . All expenses for the organization totaled $489.5k during the year ending 12/2021. While expenses have increased by 21.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT MORE HOUSING CHOICES BY GENERATING AND LEVERAGING FINANCIAL RESOURCES, WORKING IN PARTNERSHIP WITH THE PUBLIC, PRIVATE, AND NON-PROFIT SECTORS THROUGHOUT VENTURA COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM OF HTFVC IS A REVOLVING LOAN FUND FOR THE DEVELOPMENT OF AFFORDABLE HOUSING. THE REVOLVING LOAN FUND IS COMPRISED OF PUBLIC, PRIVATE AND CHARITABLE FUNDS. FOR-PROFIT AND NON-PROFIT DEVELOPERS MAY APPLY FOR LOANS TO FILL GAPS IN PREDEVOPMENT, ACQUISITION/REHABILITATION AND CONSTRUCTION LOANS FOR NEW AFFORABLE HOUSING UNITS IN VENTURA COUNTY. REVOLVING LOAN FUNDS ARE OBTAINED THROUGH A NUMBER OF SOURCES: LOCAL GOVERNMENT CONTRIBUTIONS, COUNTY OF VENTURA, STATE OF CALIFORNIA, PROPOSITION 1 LOCAL HOUSING TRUST FUND MATCHING GRANT, CORPORATE GRANTS, PRIVATE CHARITABLE GRANTS, AND INDIVIDUAL DONATIONS.
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 |
|---|---|---|---|
Linda Braunschweiger CEO | Officer | 40 | $124,625 |
Tracy Mcaulay Vice-Chair | OfficerTrustee | 3 | $0 |
Alex Russell Chairperson | OfficerTrustee | 3 | $0 |
Karen Flock Treasurer | OfficerTrustee | 3 | $0 |
Dawn Dyer Chair Emeritus | OfficerTrustee | 3 | $0 |
Jennie Buckingham Former Chair | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,326,365 |
| All other contributions, gifts, grants, and similar amounts not included above | $130,466 |
| Noncash contributions included in lines 1a–1f | $7,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,456,831 |
| Total Program Service Revenue | $54,182 |
| Investment income | $116,565 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $49,161 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,676,739 |
| 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. | $124,126 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,059 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,506 |
| Fees for services: Accounting | $6,416 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $93,026 |
| Office expenses | $0 |
| Information technology | $5,884 |
| Royalties | $0 |
| Occupancy | $7,500 |
| Travel | $143 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $542 |
| Interest | $76,384 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,258 |
| Insurance | $9,968 |
| All other expenses | $71,876 |
| Total functional expenses | $489,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,171,493 |
| Savings and temporary cash investments | $3,562,219 |
| 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 | $4,717 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,700,000 |
| Total assets | $8,438,429 |
| Accounts payable and accrued expenses | $15,041 |
| 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 | $2,500,000 |
| Total liabilities | $2,515,041 |
| Net assets without donor restrictions | $2,370,503 |
| Net assets with donor restrictions | $3,552,885 |
| 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 | $8,438,429 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Housing Trust Fund Ventura County has recieved totaling $13,109.
| Awarding Organization | Amount |
|---|---|
Mufg Union Bank Foundation Ag Phoenix, AZ PURPOSE: CHARITABLE | $7,500 |
Union Seniors Association Westlake Village, CA | | $5,555 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elwyn California San Jose, CA | $38,347,314 | $73,477,787 |
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Habitat For Humanity International Inc Oakland, CA | $41,053,789 | $44,589,163 |
National Community Renaissance Of California Rancho Cucamonga, CA | $192,617,949 | $51,023,842 |
Bridge Housing Corporation San Francisco, CA | $222,728,888 | $38,426,338 |
Baywood Apartments Inc Hayward, CA | $6,801,146 | $110,627 |
Eden Development Inc Hayward, CA | $30,040,019 | $4,613,123 |
Habitat For Humanity International Inc Bellflower, CA | $37,732,130 | $31,053,929 |
Reach Community Development Inc Portland, OR | $100,210,196 | $29,644,026 |
Millennium Housing Corporation Costa Mesa, CA | $189,019,442 | $31,052,319 |
Chinatown Community Development Center Inc San Francisco, CA | $109,257,292 | $38,436,421 |
Self Help Enterprises Visalia, CA | $105,976,522 | $29,798,676 |