EIN 33-0913559

MAAC Housing Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2000
Most recent tax filings
2022-12-01
Description
MAAC Housing Corporation operates with the mission of promoting decent, safe, and affordable housing for low-income persons. As part of this mission, it oversees Carlsbad Laurel Tree Apartments, a 138-unit low-income housing project in San Diego County, California. The project features 23 residential buildings, open space, and recreational amenities. MAAC Housing Corporation is located in Chula Vista, CA.
Related structure
MAAC Housing Corporation is a subordinate organization under Metropolitan Area Advisory Committee on Anti-Poverty of San Diego County In (MAAC).
Total revenues
$5,187,555
2022
Total expenses
$4,051,633
2022
Total assets
$48,248,981
2022
Num. employees
0
2022

Program areas at MAAC Housing Corporation

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, culturally- sensitive 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.

Personnel at MAAC Housing Corporation

NameTitleCompensation
Arnulfo ManriquezChief Executive Officer$0
Austin FoyeChief Financial Officcer / Vice President and Chief Financial Officer$0
Shreya SasakiSecretary$0
Jesse AllenSecretary / Board Chairman$0
C Anthony ValladolidChairperson$0
...and 1 more key personnel

Financials for MAAC Housing Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$4,248,179
Investment income and dividends$935,955
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,421
Total revenues$5,187,555

Form 990s for MAAC Housing Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-12990View PDF
2019-122021-04-02990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 7, 2023
Updated personnel
Identified 1 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesHousing
Characteristics
State / local levelTax deductible donationsNo full-time employees
General information
Address
1355 Third Ave
Chula Vista, CA 91911
Metro area
San Diego-Chula Vista-Carlsbad, CA
County
San Diego County, CA
Website URL
maacproject.org/ 
Phone
(619) 426-3595
IRS details
EIN
33-0913559
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L20: Housing Development, Construction, Management
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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