Community Corporation Of Santa Monica

Organization Overview

Community Corporation Of Santa Monica is located in Santa Monica, CA. The organization was established in 1983. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Community Corporation Of Santa Monica employed 132 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Corporation Of Santa Monica 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 06/2022, Community Corporation Of Santa Monica generated $17.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $16.3m during the year ending 06/2022. While expenses have increased by 5.0% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY CORPORATION OF SANTA MONICA WAS FORMED TO IMPROVE LIVES AND NEIGHBORHOODS BY RESTORING, BUILDING, AND MANAGING AFFORDABLE HOUSING FOR PEOPLE OF MODEST MEANS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Kfa Llp
8333 Airport Architect Services
$485,033
Egan Simon Architecture
2033 Virginia Development
$248,625
Mfrg-icon Construction
1616 Ocean Development
$428,986
Cruz Construction And Landscape Inc
General Repairs
$247,880
Americateam Contractors Co
General Repairs
$395,678
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$144,122
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$144,122
Total Program Service Revenue$16,962,461
Investment income $257,653
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $162,727
Net Gain/Loss on Asset Sales -$7,846
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,598,823

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Community Corporation Of Santa Monica has recieved totaling $15,224.

Awarding OrganizationAmount
Mufg Union Bank Foundation Ag

Phoenix, AZ

PURPOSE: CHARITABLE

$15,000
Arthur J Gallagher Foundation

Rolling Meadows, IL

PURPOSE: GENERAL EXEMPT PURPOSE

$200
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$24
View Grant Recipient Profile

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