THE SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION OF LOS ANGELES

EIN: 954600038 501(c)(3) Housing & Shelter

RANCHO CUCAMONGA, CA

Total Revenue
$492,690
Total Expenses
$460
Total Assets
$551,316
Net Assets
$-151,799
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CA
Principal Officer
TOM PENTOLINO
Phone
9094832444
Tax Period
2023-01-01 to 2023-12-31

THE SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION OF LOS ANGELES, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $493K in total revenue in fiscal year 2023. The organization ran a surplus of $492K, a strong 100% operating margin.

Mission

PROVIDING AFFORDABLE RENTAL HOUSING THAT EMPOWERS LOW-INCOME RESIDENTS AND CHANGES COMMUNITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $492,690
Investment Income $0
Other Revenue $0
TOTAL REVENUE $492,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $460
TOTAL EXPENSES $460

Year-over-Year Comparison

2023 2022 Change
Revenue $492,690 N/A N/A
Expenses $460 N/A N/A
Net Income $492,230 $0 N/A
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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Governance

Voting Members
12
Independent Members
11
Employees
N/A
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
$979,984
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY BURUM CHAIRMAN OF THE BOARD, INTERIM CEO 1.00
Officer Director
$0 $0 $0
ARMANDO BUCELO BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES CASHION BOARD MEMBER 1.00
Director
$0 $0 $0
GAVIN CLINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
RAYMOND CREBS BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA KURTZ KUHNS BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN G LARSON BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN BURTON BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD DAWSON BOARD MEMBER 1.00
Director
$0 $0 $0
VENUS LUJAN BOARD MEMBER 1.00
Director
$0 $0 $0
NORA MENDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
JOVITA SCHOFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL FINN CHIEF FINANCIAL OFFICER 1.00
Officer
$0 $30,000 $241,472
ROBERT DIAZ EVP, SECRETARY, GENERAL COUNSEL 0.90
Officer
$0 $20,727 $267,382
MICHAEL RUANE PRESIDENT 1.00
Officer
$0 $26,000 $244,230
DORETTA BRYAN ASSISTANT SECRETARY 1.70
Officer
$0 $22,732 $153,438
DEVIN WRIGHT ASSISTANT SECRETARY 2.30
Officer
$0 $0 $73,462
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
2024 No data No data No data No data
2023 $492,690 $460 $551,316 $492,230
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