Nonprofit · EIN 33-0913559
MAAC HOUSING CORPORATION
Tax-exempt · CHULA VISTA, CA 91911
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $9,716,108 | $1,818,382 | $7,897,726 | $67,857,889 | $9,837,376 | $58,020,513 |
| December 31, 2023 | 990 | $5,471,154 | $4,062,008 | $1,409,146 | $61,310,146 | $10,385,419 | $50,924,727 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $103,345
- Program service revenue
- $3,053,833
- Investment income
- $6,558,930
- Net gain from sales of assets
- $4,307,159
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $54,946
- Salaries, compensation and benefits (total)
- $64,170
- Professional fundraising fees
- $0
- Travel
- $110
- Program services (functional)
- $1,818,382
Balance sheet and other
- Total assets, start of year
- $61,310,146
- Total assets, end of year
- $67,857,889
- Total liabilities, end of year
- $9,837,376
- Net assets, end of year
- $58,020,513
- Land, buildings and equipment
- $5,948,303
- Net assets without donor restrictions
- $58,020,513
- Gross receipts
- $9,716,108
- Employees
- 0
- Year formed
- 2000
- 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 |
|---|---|---|---|---|---|
| ARNULFO MANRIQUEZ | CEO/TREASURER Trustee or director, Officer | 0.5 | $0 | $376,900 | $22,982 |
| AUSTIN FOYE | CFO Trustee or director, Officer | 0.5 | $0 | $213,188 | $19,913 |
| SHREYA SASAKI | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ARNULFO MANRIQUEZ | CHIEF EXECUTIVE OFFICER Trustee or director, Officer | 0.5 | $0 | $358,120 | $53,264 |
| AUSTIN FOYE | CHIEF FINANCIAL OFFICCER Trustee or director, Officer | 0.5 | $0 | $203,011 | $29,572 |
| SHREYA SASAKI | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1355 THIRD AVE, CHULA VISTA, CA 91911-4302
- In care of
- % AUSTIN FOYE
- Principal officer (990 for 2024)
- ARNULFO MANRIQUEZ, 1355 THIRD AVENUE, CHULA VISTA, CA 91911
- Signed the 990
- AUSTIN FOYE, CFO
- Phone
- (619) 426-3595
- Return prepared by
- Boggeln & Company Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0913559 or by the name MAAC HOUSING 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
WELFAREMAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS
Program accomplishments
- CARLSBAD LAUREL TREE APARTMENTS-CARLSBAD APARTMENTS CONSISTS OF A 138-UNIT LOW INCOME HOUSING PROJECT IN 23 RESIDENTIAL BUILDINGS TOGETHER WITH OPEN SPACE AND RECREATIONAL AMENITIES LOCATED IN SAN DIEGO COUNTY, CALIFORNIA, IN WHICH MAAC HOUSING CORPORATION (MHC) SERVES AS A LIMITED PARTNER. MAAC PRESIDENT JOHN ADAMS MANOR APARTMENTS, LLC (MAAC PJAM LLC)- MAAC PJAM LLC WAS FORMED IN MARCH 2016 WITH MHC AS THE SOLE MEMBER FOR THE PURPOSE OF ACQUIRING THE PRESIDENT JOHN ADAMS MANOR APARTMENTS (THE PROJECT) FROM THE PJAM LP, AN AFFILIATED PARTNERSHIP. THE GENERAL PARTNER IS PJAM INC., A CALIFORNIA EXEMPT ORGANIZATION. THE PROJECT CONSISTS OF 300 UNITS OF AFFORDABLE RENTAL HOUSING IN 38 RESIDENTIAL BUILDINGS LOCATED IN THE CITY SAN DIEGO, CALIFORNIA. MHC BECAME THE SOLE OWNER OF THE APARTMENT PROJECT IN MAY 2016, RECEIVING AN ALLOCATION OF 100% OF THE LOSSES AS ITS SOLE MEMBER. MAAC SAN MARTIN DE PORRES LLC-EFFECTIVE JUNE 1, 2017, SAN MARTIN DE PORRES, L.P., SOLD THE PROJECT TO SAN MARTIN DE PORRES, LLC, A WHOLLY OWNED SUBSIDIARY OF MAAC HOUSING CORPORATION. THE PROJECT CONSISTS OF A 116-UNIT, AFFORDABLE RENTAL HOUSING APARTMENT LOCATED IN THE CITY OF SPRING VALLEY, SAN DIEGO COUNTY, CALIFORNIA. MAAC COMMUNITY CENTER WAS TRANSFERRED TO MCC CHULA VISTA, LLC, A SOLE MEMBER SUBSIDIARY OF MAAC HOUSING CORP, AS OF MAY, 2017. THE PROJSCT IS A 73,000 SQUARE FOOT PROPERTY LOCATED IN CHULA VISTA, CALIFORNIA, WHICH IS USED FOR A CHARTER SCHOOL AND VARIOUS PROGRAMS. DURING 2020, MAAC HOUSING CORP BECAME A LIMITED PARTNER IN TWO ADDITIONAL PARTNERSHIPS: MAAC IVY LP (99.99%) AND MAAC NATIONAL CITY LP (99.99%). THESE ENTITIES HOLD LAND TO BE DEVELOPED INTO AFFORDABLE RENTAL HOUSING PROJECTS, WITH CONSTRUCTION EXPECTED TO COMMENCE IN 2022. MHC WAS FORMED TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES. IN ADDITION, THESE PROJECTS CREATE SUPPORTIVE COMMUNITIES, INCLUDE QUALITY PROPERTY MANAGEMENT, TENANT GOVERNANCE COUNCILS, CULTURALLYSENSITIVE SOCIAL SERVICES, WORK SKILL ENHANCEMENT PROGRAMS, COMMUNITY LEADERSHIP AND ORGANIZATION, AND INTERVENTION STRATEGIES FOR CHILDREN AND YOUTH. THEY PROVIDE A COMPREHENSIVE PROGRAM OF SUPPORT SERVICES TO THEIR RESIDENTS, INCLUDING A DIVERSE AND CULTURALLY APPROPRIATE LIBRARY, AN AFTER-SCHOOL READING PROGRAM, ON-SITE CHILDCARE, AN ACTIVE TENANT ASSOCIATION, A LUNCH PROGRAM, AND A SUMMER CAMP PARTICIPATION PROGRAM. MHC WAS FORMED TO SUPPORT THE METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTY OF SAN DIEGO COUNTY, INC, A CALIFORNIA NONPROFIT BENEFIT CORPORATION.Expenses $1,818,382 · revenue $3,053,833
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
- 33-0913559
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L200)
- Assets (IRS master file)
- $67,857,889
- Income (IRS master file)
- $9,716,108
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $9,716,108 | $1,818,382 | $67,857,889 | IRS |
| 990 | December 2023 | $5,471,154 | $4,062,008 | $61,310,146 | XML |
| 990 | December 2022 | $5,187,555 | $4,051,633 | $48,248,981 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
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 33-0913559).
Questions about MAAC HOUSING CORPORATION
- What is the EIN of MAAC HOUSING CORPORATION?
- The employer identification number (EIN) of MAAC HOUSING CORPORATION is 33-0913559.
- Is MAAC HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to MAAC HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does MAAC HOUSING 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 MAAC HOUSING 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 MAAC HOUSING 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 MAAC HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 names ARNULFO MANRIQUEZ.
- Who are the officers and directors of MAAC HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MAAC HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $9,716,108, expenses of $1,818,382 and total assets of $67,857,889 at year end.
Other nonprofits in CHULA VISTA
- COMMUNITY CONGREGATIONAL DEVELOPMENT CORPORATION EIN 95-2844522 · last filed 990-PF for 2026
- SOUTHERN CALIFORNIA HOUSING COLLABORATIVE EIN 26-2583215 · last filed 990 for 2024
- SBCS QALICB EIN 92-2728672 · last filed 990 for 2025
- KIKU GARDENS INC EIN 95-3368020 · last filed 990-PF for 2026
- FREDERICKA CLUB INC EIN 33-0780304 · last filed 990-EZ for 2026
- PJAM INC EIN 33-0811596 · last filed 990 for 2024
- REFUGIA FOUNDATION EIN 88-1311282 · last filed 990-N for 2025
- HOUSING FOR HOMELESS VETERANS FOUNDATION EIN 81-3207919 · last filed 990-N for 2025
All nonprofits in CHULA VISTA · California · Housing and shelter