Burbank Housing Corporation

EIN: 952627136 501(c)(3) Housing & Shelter

Burbank, CA

Total Revenue
$38,465,074
Total Expenses
$9,879,296
Total Assets
$48,931,600
Net Assets
$-4,548,729
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
CA
Phone
8185592336
Tax Period
2025-01-01 to 2025-12-31

Burbank Housing Corporation, founded in 1997, is a mid-sized nonprofit in the Housing & Shelter sector that reported $38.5M in total revenue in fiscal year 2025. Revenue surged 340% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28.6M, a strong 74% operating margin.

Mission

TO DEVELOP, IMPROVE AND PRESERVE HOUSING FOR LOW AND MODERATE INCOME PERSONS IN THE CITY OF BURBANK, CA, THROUGH ACQUISITION, REHABILITATION, DEMOLITION, NEW CONSTRUCTION, PROPERTY MANAGEMENT SERVICES AND OTHER ACTIVITIES ASSOCIATED WITH SUCH PURPOSE AND TO PROVIDE COMMUNITY AND FAMILY SUPPORT SERVICES TO RESIDENTS OF THE CITY OF BURBANK, CA THAT INCLUDES SUCH PERSONS OF LOW AND MODERATE INCOME, AND THAT INCLUDES BUT IS NOT LIMITED TO COMMUNITY SERVICE PROGRAMS AS THE OPERATION OF ACTIVITY, FAMILY RESOURCES AND CHILD CARE CENTERS. THE CORPORATION'S CHILD CARE CENTER PROGRAMS SHALL ALSO BE MADE AVAILABLE SECONDARILY TO PERSONS AND THEIR IMMEDIATE FAMILY MEMBERS WHO ARE EMPLOYED IN THE CITY OF BURBANK, CA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $29,506,257
Program Service Revenue $8,760,687
Investment Income $192,350
Other Revenue $5,780
TOTAL REVENUE $38,465,074

Expense Breakdown

Grants Paid $4,750
Salaries & Benefits $3,581,026
Fundraising Expenses $57,720
Program Expenses $7,889,825
Other Expenses $6,293,520
TOTAL EXPENSES $9,879,296

Year-over-Year Comparison

2025 2024 Change
Revenue $38,465,074 $8,735,124 +3.4%
Expenses $9,879,296 $10,516,848 -0.1%
Net Income $28,585,778 $-1,781,724 -17.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$399,112
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SYLVIA MORENO Executive Dir. 40.00
Officer
$207,132 $0 $207,132
RAHA ARNOLD Director 40.00
Officer
$191,980 $0 $191,980
CHRIS WELKER President 4.00
Officer Director
$0 $0 $0
ALISA CUNNINGHAM Secretary 3.00
Officer Director
$0 $0 $0
RUTH MARTINEZ-BAENEN Treasurer 3.00
Officer Director
$0 $0 $0
ERNEST BURGER Director 2.00
Director
$0 $0 $0
CAROLYN ENGLISH Director 2.00
Director
$0 $0 $0
JENNIFER DUNN Director 2.00
Director
$0 $0 $0
BROCK COLLINS Director 3.00
Officer Director
$0 $0 $0
JOCELYN GRAFIAZ Director 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $38,465,074 $9,879,296 $48,931,600 $28,585,778
2024 No data No data No data No data
2023 $9,965,564 $9,791,264 $48,815,086 $174,300
2022 $7,023,032 $9,208,019 $46,882,309 $-2,184,987
2021 $6,370,585 $8,626,398 $47,643,861 $-2,255,813
2020 $5,420,442 $8,246,521 $48,520,719 $-2,826,079
2019 $6,646,273 $8,018,072 $50,242,113 $-1,371,799
2018 $6,166,850 $9,172,358 $50,554,030 $-3,005,508
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