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Nonprofit · EIN 94-3093354

MUTUAL HOUSING CALIFORNIA

Tax-exempt · SACRAMENTO, CA 95826

Financials

$9.9M$6.1M2023$18.7M$7.9M2024
Revenue Expenses · by fiscal year end
Financials of MUTUAL HOUSING CALIFORNIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$18,739,796$7,903,560$10,836,236$40,611,653$12,766,233$27,845,420
December 31, 2023990$9,945,901$6,140,878$3,805,023$32,066,910$15,057,726$17,009,184
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$9,006,575
of which government grants
$137,039
Program service revenue
$7,753,995
Investment income
$2,017,726
Net gain from sales of assets
$1,762,904
Net income from fundraising events
-$38,500
Other revenue
-$38,500

Expenses

Grants and similar amounts paid
$543,428
Compensation of officers, directors and key employees
$1,187,380
Other salaries and wages
$2,940,765
Salaries, compensation and benefits (total)
$4,791,896
Professional fundraising fees
$0
Legal fees
$47,909
Accounting fees
$66,982
Occupancy
$184,143
Travel
$97,460
Depreciation
$15,684
Program services (functional)
$5,384,022
Management and general (functional)
$2,298,156
Fundraising (functional)
$221,382

Balance sheet and other

Total assets, start of year
$32,066,910
Total assets, end of year
$40,611,653
Total liabilities, end of year
$12,766,233
Net assets, end of year
$27,845,420
Land, buildings and equipment
$71,780
Net assets without donor restrictions
$27,845,420
Gross receipts
$18,778,296
Employees
72
Volunteers
250
Year formed
1988
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.

NameTitleHours / weekCompensationOther / benefits
JULIE GOLDFINECFO - THRU 8/24
Officer
34$271,133$21,025
ROBERTO JIMENEZCEO - THRU 9/24
Officer
36$225,577$27,359
RYAN CASSIDYVP OF HOUSING DEVELOPMENT
Key employee
40$221,952$6,659
TEJAL SHAHVP OF COMMUNITY DEVELOPMENT
Key employee
40$150,696$13,390
SAHAR SOLTANIDIRECTOR OF HOUSING FINANCE
Highest-paid employee
40$151,912$11,647
PARKER EVANSACQUISITIONS MANAGER
Highest-paid employee
40$135,051$16,608
JULIANA ZATZ-WATKINSPROJECT MANAGER
Highest-paid employee
40$113,226$14,931
MARALEA LUTINODIRECTOR OF ASSET MANAGEMENT
Highest-paid employee
40$118,749$1,003
ANNE MARIE FLYNNCEO - BEGAN 10/24
Officer
36$115,123$2,502
DANIEL FISHERCOO
Officer
34$83,918$14,137
CORINNE MORRISONCFO - BEGAN 11/24
Officer
34$33,887$22
CATHY CRESWELLPRESIDENT/CHAIR
Trustee or director, Officer
2$0$0
JENNIFER HIGLEY-CHAPMANVICE CHAIR
Trustee or director, Officer
2$0$0
CORINNE MORRISONTREASURER - THRU 10/24
Trustee or director, Officer
2$0$0
TRICIA STEVENSSECRETARY
Trustee or director, Officer
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
GREG CHEWDIRECTOR
Trustee or director
2$0
ALLISON JOEDIRECTOR
Trustee or director
2$0
ANDREA NOBLEDIRECTOR
Trustee or director
2$0
AMBER LAMASONTREASURER - BEGAN 11/24
Trustee or director, Officer
2$0
ELIZABETH REYNAGADIRECTOR
Trustee or director
2$0
LATOICHE ADAMSDIRECTOR
Trustee or director
2$0
KAREN NAUNGAYANDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 18 people
NameTitleHours / weekCompensationOther / benefits
ROBERTO JIMENEZCEO
Officer
36$247,329$34,705
JULIE GOLDFINECFO
Officer
34$195,244$26,733
KEITH BLOOMDIRECTOR OF ACQUISITIONS
Highest-paid employee
40$165,066$35,727
TEJAL SHAHVP OF COMMUNITY DEVELOPMENT
Highest-paid employee
40$144,637$13,418
MARIA LAYTONCONTROLLER
Highest-paid employee
40$133,426$14,598
VANESSA PEREZ GUERRAASSOCIATE DIR. OF HSNG. DEVL.
Highest-paid employee
40$121,842$21,548
RYAN CASSIDYVP OF REAL ESTATE
Highest-paid employee
40$135,927$5,566
CATHY CRESWELLCHAIR
Trustee or director, Officer
2$0$0
JENNIFER HIGLEY-CHAPMANVICE CHAIR
Trustee or director, Officer
2$0$0
CORINNE MORRISONTREASURER
Trustee or director, Officer
2$0$0
TRICIA STEVENSSECRETARY
Trustee or director, Officer
2$0$0
GREG CHEWDIRECTOR
Trustee or director
2$0$0
ALLISON JOEDIRECTOR
Trustee or director
2$0$0
ANDREA NOBLEDIRECTOR
Trustee or director
2$0$0
AMBER LAMASONDIRECTOR
Trustee or director
2$0$0
ELIZABETH REYNAGADIRECTOR
Trustee or director
2$0$0
LATOICHE ADAMSDIRECTOR
Trustee or director
2$0$0
KAREN NAUNGAYANDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
3321 POWER INN RD STE 320, SACRAMENTO, CA 95826-3893
Principal officer (990 for 2024)
CRAIG ADELMAN, 3321 POWER INN ROAD 320, SACRAMENTO, CA 95826
Signed the 990
CORINNE MORRISON, CFO
Phone
(916) 453-8400
Return prepared by
LINDQUIST VON HUSEN & JOYCE LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 94-3093354 or by the name MUTUAL HOUSING CALIFORNIA.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE MISSION OF MUTUAL HOUSING CALIFORNIA IS TO DEVELOP, MANAGE, AND SUPPORT SUSTAINABLE AFFORDABLE HOUSING WHERE RESIDENTS ARE PARTNERS IN ADVANCING EQUITABLE COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPMENT OF NEW SUSTAINABLE HOUSING - MUTUAL HOUSING DEVELOPS NEW HOUSING FOR SACRAMENTO AND YOLO COUNTIES' DIVERSE HOUSEHOLDS. MUTUAL HOUSING ALSO ACQUIRES AND RENOVATES DETERIORATED MULTI-FAMILY HOUSING PROPERTIES THAT HAVE BECOME UNSAFE FOR RESIDENTS AND A BLIGHT ON THE NEIGHBORHOODS IN WHICH THEY ARE LOCATED. APPROXIMATELY 3,500 RESIDENTS LIVE IN 1,463 TOWNHOMES, APARTMENTS, AND A MOBILE HOME PARK LOCATED IN SACRAMENTO AND YOLO COUNTIES THAT ARE OPERATED BY MUTUAL HOUSING MANAGEMENT.
    Expenses $1,995,384 · grants $30,000 · revenue $5,356,642
  • COMMUNITY BUILDING, LEADERSHIP DEVELOPMENT AND RESIDENT SERVICES - MUTUAL HOUSING CALIFORNIA EMPLOYS A MULTI-LINGUAL, MULTI-CULTURAL TEAM OF COMMUNITY DEVELOPMENT STAFF TO ENGAGE RESIDENTS IN THEIR COMMUNITIES, INVOLVE THEM IN CIVIC LIFE AND TO BRING PROGRAMS TO THE PROPERTIES WHICH MEET RESIDENTS' INTERESTS AND NEEDS.THROUGH INDIVIDUAL AND GROUP CONVERSATIONS, COMMUNITY DEVELOPMENT STAFF DISCOVER THE UNIQUE TALENTS, GOALS AND CHALLENGES OF INDIVIDUAL RESIDENTS. THEY THEN IDENTIFY RESIDENTS WITH POTENTIAL LEADERSHIP SKILLS AND MENTOR THOSE EMERGING LEADERS WHO BECOME A STABILIZING AND MOTIVATING PRESENCE IN THEIR COMMUNITIES.
    Expenses $3,388,638 · grants $513,428 · revenue $2,397,353

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
94-3093354
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$40,611,653
Income (IRS master file)
$18,778,296

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$18,739,796$7,903,560$40,611,653XML
990December 2023$9,945,901$6,140,878$32,066,910XML
990December 2022$8,658,576$5,766,341$25,721,132IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 94-3093354).

Questions about MUTUAL HOUSING CALIFORNIA

What is the EIN of MUTUAL HOUSING CALIFORNIA?
The employer identification number (EIN) of MUTUAL HOUSING CALIFORNIA is 94-3093354.
Is MUTUAL HOUSING CALIFORNIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to MUTUAL HOUSING CALIFORNIA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MUTUAL HOUSING CALIFORNIA 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 MUTUAL HOUSING CALIFORNIA 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 MUTUAL HOUSING CALIFORNIA 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 MUTUAL HOUSING CALIFORNIA?
The 990 for the year ended December 31, 2024 names CRAIG ADELMAN.
Who are the officers and directors of MUTUAL HOUSING CALIFORNIA?
The 990 for the year ended December 31, 2024 lists 22 people; 11 received compensation from the organization, the highest $271,133 (JULIE GOLDFINE, CFO - THRU 8/24).
How much revenue does MUTUAL HOUSING CALIFORNIA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $18,739,796, expenses of $7,903,560 and total assets of $40,611,653 at year end.

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