Arizona Community Development Corporation

Organization Overview

Arizona Community Development Corporation, operating under the name La Paloma Academy, is located in Tucson, AZ. The organization was established in 2003. According to its NTEE Classification (B29) the organization is classified as: Charter Schools, under the broad grouping of Education and related organizations. As of 06/2021, LA Paloma Academy employed 378 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Paloma Academy 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 06/2021, LA Paloma Academy generated $20.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $19.0m during the year ending 06/2021. While expenses have increased by 6.5% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF THREE CHARTER SCHOOL LOCATIONS SERVING APPROXIMATELY 1900 STUDENTS IN K-8TH GRADES


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Board, Officers & Key Employees

Name (title)Compensation
William Rubasch
President
$0
Karen Gavender
Board Member
$0
Anthony Santa-Maria
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $20,489,890
All other contributions, gifts, grants, and similar amounts not included above$10,192
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,500,082
Total Program Service Revenue$401,053
Investment income $139
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,700
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,902,974

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Arizona Community Development Corporation has recieved totaling $86.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$86
View Grant Recipient Profile

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