Ventura County Community Development Corporation

Organization Overview

Ventura County Community Development Corporation is located in Oxnard, CA. The organization was established in 2003. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Ventura County Community Development Corporation employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ventura County 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 12/2021, Ventura County Community Development Corporation generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 0.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Alejandro Vega
Director Of Lending
$134,083
Bertha Garcia
Executive Director
$123,514
Joseph Gutierrez
President
$0
Anthony Restivo
Treasurer
$0
Shane Saunders
Past President
$0
Lisa Brooks
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,441,969
All other contributions, gifts, grants, and similar amounts not included above$334,364
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,776,333
Total Program Service Revenue$539,253
Investment income $179,142
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $2,494,728

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Ventura County Community Development Corporation has recieved totaling $468,386.

Awarding OrganizationAmount
Consumer Credit Counseling Service Of San Francisco

Concord, CA

PURPOSE: HOUSING COUNSELING & EDUCATION

$168,750
Rural Community Assistance

West Sacramento, CA

PURPOSE: Housing Counseling

$115,636
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$100,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$30,000
Zions Bancorporation Foundation

Salt Lake City, UT

PURPOSE: ASSIST FAMILIES ACHIEVE FINANCIAL STABILITY

$14,000
Premier America Credit Union

Chatsworth, CA

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Recipient Profile

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