Nonprofit · EIN 33-0515218
ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · SAN DIEGO, CA 92108
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,499,496 | $11,094,153 | -$6,594,657 | $141,529,328 | $67,295,338 | $74,233,990 |
| December 31, 2023 | 990 | $4,697,340 | $4,708,562 | -$11,222 | $171,394,736 | $81,812,188 | $89,582,548 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,499,496
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $2,199,977
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,743
- Depreciation
- $1,129,684
- Program services (functional)
- $11,094,153
Balance sheet and other
- Total assets, start of year
- $171,394,736
- Total assets, end of year
- $141,529,328
- Total liabilities, end of year
- $67,295,338
- Net assets, end of year
- $74,233,990
- Land, buildings and equipment
- $32,891,567
- Net assets without donor restrictions
- $74,233,990
- Gross receipts
- $4,499,496
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1991
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN SPEAR | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 | $457,818 | $28,390 |
| BRIAN KAY | CFO Officer | 1 | $0 | $359,664 | $39,212 |
| DON AMBROSE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| SANAT PATEL | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN SPEAR | PRESIDENT & CEO Trustee or director, Officer | 1 | $0 | $389,380 | $27,379 |
| BRIAN KAY CFO | CFO Officer | 1 | $0 | $301,239 | $25,820 |
| DON AMBROSE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| NONI RAMOS | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3111 CAMINO DEL RIO N STE 800, SAN DIEGO, CA 92108-5728
- Mailing address (990-N for 2015)
- 2815 CAMINO DEL RIO SOUTH, SAN DIEGO CA 92108
- Principal officer (990 for 2024)
- SEAN SPEAR, 3111 CAMINO DEL RIO NORTH 800, SAN DIEGO, CA 92108
- Principal officer (990-N for 2015)
- SUSAN REYNOLDS, 2815 CAMINO DEL RIO S 350, SAN DIEGO CA 92109
- Signed the 990
- BRIAN KAY, CFO
- Phone
- (619) 282-6647
- Website
- WWW.CHWORKS.ORG
- Return prepared by
- NOVOGRADAC & COMPANY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0515218 or by the name ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO CREATE AFFORDABLE HOUSING OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS, THROUGH DEVELOPMENT, OWNERSHIP, ACQUISITION, LENDING AND INVESTMENT AND TO PROMOTE COMMUNITY DEVELOPMENT TO IMPROVE HOUSING AND ECONOMIC CONDITIONS OF THE UNDERPRIVILEGED.
Program accomplishments
- ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION ("ESPERANZA"), A CALIFORNIA NONPROFIT CORPORATION, HAS PARTNERSHIP INTERESTS IN VARIOUS LIMITED PARTNERSHIPS AND IS THE SOLE MEMBER OF SEVERAL LLC THAT HOLD PARTNERSHIP INTERESTS. THESE ENTITIES ARE DISCLOSED ON SCHEDULE R. THE LIMITED PARTNERSHIPS ARE DEVELOPED AND OPERATED BY COMMUNITY HOUSINGWORKS ("CHW"), A CALIFORNIA NONPROFIT CORPORATION, AS AFFORDABLE HOUSING FOR LOW-INCOME PERSONS. EACH OF THESE LIMITED PARTNERSHIP'S FILE A SEPARATE PARTNERSHIP TAX RETURN FORM 1065 (FEDERAL) AND FORM 565 (STATE). ESPERANZA'S MISSION TO DEVELOP HOUSING FOR LOW-INCOME PERSONS AND TO PROMOTE COMMUNITY DEVELOPMENT TO IMPROVE THE HOUSING AND ECONOMIC CONDITIONS OF THE UNDERPRIVILEGED IS FULFILLED THROUGH ITS PARTICIPATION AS A LIMITED PARTNER IN THESE LIMITED PARTNERSHIPS.Expenses $11,094,153 · grants $2,199,977 · revenue $4,499,496
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 33-0515218
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L80Z)
- Assets (IRS master file)
- $141,529,328
- Income (IRS master file)
- $4,499,496
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,499,496 | $11,094,153 | $141,529,328 | IRS |
| 990 | December 2023 | $4,697,340 | $4,708,562 | $171,394,736 | XML |
| 990 | December 2022 | $1,058,745 | $3,573,634 | $55,504,610 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: SUSAN REYNOLDS | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-0515218).
Questions about ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION is 33-0515218.
- Is ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names SEAN SPEAR.
- Who are the officers and directors of ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does ESPERANZA HOUSING AND COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,499,496, expenses of $11,094,153 and total assets of $141,529,328 at year end.
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All nonprofits in SAN DIEGO · California · Housing and shelter