EIN 33-0833640

Wakeland Housing and Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
43
Year formed
1998
Most recent tax filings
2022-06-01
Description
Wakeland Housing develops affordable housing with resident-education programs for low-income families. Their portfolio includes 5,218 units and a mobile home park.
Total revenues
$24,988,463
2022
Total expenses
$10,430,526
2022
Total assets
$68,610,015
2022
Num. employees
43
2022

Program areas at Wakeland Housing and Development Corporation

Rental expenses: the corporation owns and operates a mobile home park, poinsettia parks, llc and affordable Housing projects to provide affordable Housing to low and moderate income families including seniors, and also provides resident education programs to the tenants. These expenses are comprised of operational expenses such as utilities, operations and maintenance, and taxes and insurance.
Resident services: the resident services department is responsible for all onsite day-to-day resident services program implementation. The department provides initial set up, conducts ongoing assessments of community's program needs, and develops community partners while facilitating comprehensive programs for youth, adults and seniors.
Development: the corporation's mission is to develop affordable Housing using two methods: (1) acquisition and rehabilitation of existing multifamily residential Housing; and (2) acquisition and entitlement of land and construction of new buildings.
Asset management: the asset management department administers all placed in service real estate in the corporation's diverse portfolio, which consists of 5,218 Housing units. The department oversees all property tax abatement activities, monitors regulatory mandates, hires property management companies, provides property management oversight, and develops operating budgets and capital improvement plans.

Who funds Wakeland Housing and Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
MUFG Union Bank FoundationCharitable$20,000
San Diego Food BankMission Support$11,000

Personnel at Wakeland Housing and Development Corporation

NameTitleCompensation
Rebecca LouiePresident$222,186
Joan EdelmanChief Financial Officer$205,792
David HetheringtonDirector of Development$184,597
Kimberly Duran-PortelloProject Manager$157,715
Lina EricssonBoard Secretary$0
...and 4 more key personnel

Financials for Wakeland Housing and Development Corporation

RevenuesFYE 06/2022
Total grants, contributions, etc.$7,572,032
Program services$13,748,386
Investment income and dividends$435,475
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$3,232,570
Total revenues$24,988,463

Form 990s for Wakeland Housing and Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-14990View PDF
2020-062021-05-26990View PDF
2019-062020-11-18990View PDF
2018-062020-09-25990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 3 new personnel
May 21, 2023
Updated personnel
Identified 7 new personnel
May 12, 2023
Received grants
Identified 2 new grant, including a grant for $106,000 from The San Diego Foundation
November 14, 2021
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Housing and shelter organizationsCharities
Issues
EducationHuman servicesHousing
Characteristics
LobbyingManagement and technical assistanceTax deductible donations
General information
Address
1230 Columbia St Suite 950
San Diego, CA 92101
Metro area
San Diego-Chula Vista-Carlsbad, CA
County
San Diego County, CA
Website URL
wakelandhdc.com/ 
Phone
(619) 235-2296
IRS details
EIN
33-0833640
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Independent
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