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Nonprofit · EIN 86-0712873

SANTA CRUZ APARTMENTS INC

Tax-exempt · PHOENIX, AZ 85034

Financials

$1.2M$966K2022$1.3M$1.1M2023$1.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of SANTA CRUZ APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,383,885$1,619,670-$235,785$1,630,053$1,946,081-$316,028
June 30, 2024990$1,286,774$1,114,511$172,263$1,925,440$2,005,683-$80,243
June 30, 2023990$1,189,541$966,336$223,205$1,778,171$2,030,677-$252,506
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,262,146
Investment income
$974
Other revenue
$120,765

Expenses

Grants and similar amounts paid
$500,000
Other salaries and wages
$199,733
Salaries, compensation and benefits (total)
$281,151
Professional fundraising fees
$0
Legal fees
$726
Accounting fees
$7,350
Occupancy
$639,905
Travel
$1,295
Depreciation
$33,741
Program services (functional)
$1,486,096
Management and general (functional)
$133,574

Balance sheet and other

Total assets, start of year
$1,925,440
Total assets, end of year
$1,630,053
Total liabilities, end of year
$1,946,081
Net assets, end of year
-$316,028
Land, buildings and equipment
$412,121
Net assets without donor restrictions
-$316,028
Gross receipts
$1,383,885
Employees
0
Volunteers
0
Year formed
1992
State of legal domicile
AZ

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALICIA NUNEZCHAIRMAN
Trustee or director, Officer
0.5$0$576,529$32,930
MAX GONZALESSECRETARY
Trustee or director, Officer
0.5$0$396,000$24,821
JOSE MARTINEZPRESIDENT
Officer
0.5$0$382,929$14,806
JESSE SATTERLEETREASURER
Trustee or director, Officer
0.5$0$385,355$1,488
PATRICIA DUARTEVICE CHAIRMAN
Trustee or director, Officer
0.5$0$323,342$13,339
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID ADAME UNTIL 10312023CHAIRMAN
Trustee or director, Officer
0.5$0$925,292$19,918
MAX GONZALESSECRETARY
Trustee or director, Officer
0.5$0$450,408$24,007
ALICIA NUNEZCHAIRMAN/TREASURER
Trustee or director, Officer
0.5$0$428,505$32,113
JOSE MARTINEZPRESIDENT
Officer
0.5$0$438,603$12,660
PATRICIA DUARTEEXECUTIVE VICE PRESIDENT
Officer
0.5$0$355,770$11,472
JESSE SATTERLEECFO
Officer
0.5$0$303,228$481
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID ADAMECHAIRMAN
Trustee or director, Officer
0.5$0$809,241$20,934
MAX GONZALESDIRECTOR
Trustee or director
0.5$0$404,377$22,507
ALICIA NUNEZCFO
Trustee or director, Officer
0.5$0$374,101$27,532
ANTONIO MOYADIRECTOR
Trustee or director
0.5$0$0$0
DELMA HERRERADIRECTOR
Trustee or director
0.5$0$0$0
ALEX VARELATREASURER
Trustee or director, Officer
0.5$0$0$0
STEPHANIE ACOSTASECRETARY
Trustee or director, Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
1112 E BUCKEYE RD, PHOENIX, AZ 85034-4043
In care of
% LAUTARO DIAZ
Principal officer (990 for 2024)
ALICIA NUNEZ, 1112 EAST BUCKEYE ROAD, PHOENIX, AZ 85034
Signed the 990
JESSE SATTERLEE, TREASURER
Phone
(602) 252-0482
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

Mission

SANTA CRUZ APARTMENTS, INC. WAS ORGANIZED TO ACQUIRE, OWN AND OPERATE A 132 UNIT APARTMENT COMMUNITY IN TUCSON, ARIZONA, KNOWN AS SANTA CRUZ APARTMENTS. THE COMMUNITY WAS PURCHASED FROM THE RESOLUTION TRUST CORPORATION ON DECEMBER 17, 1993. THE COMMUNITY WAS ORIGINALLY FINANCED BY THE CORPORATION UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. ON JUNE 24, 2003, THE COMMUNITY WAS REFINANCED AND THE FHA MORTGAGE LOAN WAS PAID IN FULL.

990 for the year ended June 30, 2025

Program accomplishments

  • SANTA CRUZ APARTMENTS, INC. WAS ORGANIZED TO ACQUIRE, OWN AND OPERATE A 132 UNIT APARTMENT COMMUNITY IN TUCSON, ARIZONA, KNOWN AS SANTA CRUZ APARTMENTS. THE COMMUNITY WAS PURCHASED FROM THE RESOLUTION TRUST CORPORATION ON DECEMBER 17, 1993. THE COMMUNITY WAS ORIGINALLY FINANCED BY THE CORPORATION UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. ON JUNE 24, 2003, THE COMMUNITY WAS REFINANCED AND THE FHA MORTGAGE LOAN WAS PAID IN FULL.
    Expenses $1,486,096 · grants $500,000 · revenue $1,262,146

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
86-0712873
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
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,630,053
Income (IRS master file)
$1,383,885

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,383,885$1,619,670$1,630,053XML
990June 2024$1,286,774$1,114,511$1,925,440XML
990June 2023$1,189,541$966,336$1,778,171XML
990June 2022$1,037,855$800,351$1,560,587IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 86-0712873).

Questions about SANTA CRUZ APARTMENTS INC

What is the EIN of SANTA CRUZ APARTMENTS INC?
The employer identification number (EIN) of SANTA CRUZ APARTMENTS INC is 86-0712873.
Is SANTA CRUZ APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to SANTA CRUZ APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does SANTA CRUZ APARTMENTS INC 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 SANTA CRUZ APARTMENTS INC 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 SANTA CRUZ APARTMENTS INC 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 SANTA CRUZ APARTMENTS INC?
The 990 for the year ended June 30, 2025 names ALICIA NUNEZ.
Who are the officers and directors of SANTA CRUZ APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does SANTA CRUZ APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,383,885, expenses of $1,619,670 and total assets of $1,630,053 at year end.

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