Nonprofit · EIN 47-1158807
CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · SACRAMENTO, CA 95814
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,024,945 | $329,353 | $695,592 | $7,097,377 | $108,784 | $6,988,593 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $25,000
- of which government grants
- $25,000
- Program service revenue
- $913,488
- Investment income
- $86,457
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $65,821
- Accounting fees
- $2,885
- Program services (functional)
- $326,468
- Management and general (functional)
- $2,885
Balance sheet and other
- Total assets, start of year
- $6,297,470
- Total assets, end of year
- $7,097,377
- Total liabilities, end of year
- $108,784
- Net assets, end of year
- $6,988,593
- Net assets without donor restrictions
- $6,988,593
- Gross receipts
- $1,024,945
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2014
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARC DE LA VERGNE | VICE-PRESIDENT (UNTIL 4/25) Officer | 1 | $0 | $167,844 | $49,422 |
| DANIELLE FOSTER | PRESIDENT Officer | 1 | $0 | $187,353 | $27,563 |
| NOELLE MUSSEN | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $156,405 | $18,844 |
| GEORGE FREDERICKS | CONSTRUCTION/REHAB SPECIAL Highest-paid employee | 1 | $0 | $124,753 | $22,877 |
| TODD LEON | DEVELOPMENT DIRECTOR Highest-paid employee | 1 | $0 | $120,122 | $11,331 |
| MERRI STUTES | RESIDENT SVS MANAGER Highest-paid employee | 1 | $0 | $102,000 | $23,273 |
| JILL BAGLEY-AZEVEDO | HUMAN RESOURCES/RISK MANAGER Highest-paid employee | 1 | $0 | $109,991 | $10,256 |
| TARA GANDARA | SECRETARY Officer | 1 | $0 | $80,646 | $34,551 |
| JOSH PLAMER | VICE PRESIDENT (AS OF 4/25) Officer | 1 | $0 | $75,342 | $26,725 |
| ANN BAILEY | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| EMILY BAIME MICHAELS | VICE-CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| JOSE BODIPO-MEMBA | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NICHOLAS AVDIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT LAGOMARSINO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1522 14TH ST, SACRAMENTO, CA 95814-5958
- In care of
- % WENDY SAUNDERS
- Mailing address (990-N for 2015)
- 1522 14th Street, Sacramento CA 95814
- Principal officer (990 for 2024)
- NOELLE MUSSEN CPA, 1522 14TH STREET, SACRAMENTO, CA 95814
- Principal officer (990-N for 2015)
- Wendy Saunders, 1522 14th Street, Sacramento CA 95814
- Signed the 990
- NOELLE MUSSEN CPA, CFO
- Phone
- (916) 324-8494
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE ORGANIZATION'S MISSION IS TO ASSIST THE CITY OF SACRAMENTO AND THE STATE OF CALIFORNIA IN LESSENING THE BURDENS OF GOVERMENT TO REVITALIZE THE NEIGHBORHOOD IN PROXIMITY TO THE STATE CAPITOL.
Program accomplishments
- PERFORMING DEVELOPING ACTIVITIES FOR THE PURPOSE OF DEVELOPING AND MANAGING A MIXED INCOME PROPERTY AS PART OF THE ORGANIZATION'S PURPOSE OF IMPROVING THE NEIGHBORHOOD AND CREATING NEW AFFORDABLE RESIDENTIAL HOUSING.Expenses $326,468 · revenue $913,488
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 47-1158807
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $7,097,377
- Income (IRS master file)
- $1,024,945
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $1,800,000 | $80,307 | $6,454,408 | IRS |
| 990 | June 2022 | $0 | $40,707 | $4,731,405 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: Wendy Saunders | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION is 47-1158807.
- Is CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAPITOL AREA 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 CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names NOELLE MUSSEN CPA.
- Who are the officers and directors of CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does CAPITOL AREA COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,024,945, expenses of $329,353 and total assets of $7,097,377 at year end.
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- LA COOPERATIVA CAMPESINA DE CALIFORNIA EIN 68-0329821 · last filed 990 for 2025
- COMMUNITY RESOURCE PROJECT EIN 94-2280427 · last filed 990 for 2025
- LEADINGAGE CALIFORNIA FOUNDATION EIN 95-2383463 · last filed 990 for 2024
- AFFORDABLE COMMUNITIES INC PARENT RETURN EIN 30-0053792 · last filed 990 for 2025
- PACIFIC HOUSING INC A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATI EIN 68-0412326 · last filed 990 for 2024
- AFFORDABLE COMMUNITIES INC EIN 47-3480410 · last filed 990 for 2025
All nonprofits in SACRAMENTO · California · Housing and shelter