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Pacific Southwest Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 330673939 ✦ San diego, CA ✦ Designated as a 501(c)(3)

Overview

What is Pacific Southwest Community Development Corporation?

Pacific Southwest Community Development Corporation is a nonprofit organization based in San Diego, California, with an address at 16935 WEST BERNARDO DRIVE 238. This charitable organization is primarily focused on constructing, providing, sponsoring, managing, rehabilitating, and preserving affordable housing. Their mission extends beyond housing, aiming to foster economic development. They serve more than 8000 families by offering comprehensive services beyond affordable housing, such as youth programs like computer enrichment and reading programs, English as a Second Language classes for adults, health, fitness, and transportation services for seniors, and various community programs like food distribution and crime prevention. With a team of 41 employees, Pacific Southwest Community Development Corporation is committed to enriching the lives of those in need.


Official website here: www.pswcdc.org

Is Pacific Southwest Community Development Corporation legitimate?

Pacific Southwest Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pacific Southwest Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $345,662
Professional Fundraising Fees: $0
Other Salaries and Wages: $845,575

For more financial information, click here


Official website here: www.pswcdc.org

What is the mission statement of Pacific Southwest Community Development Corporation?

The Pacific Southwest Community Development Corporation, operating as a 501(c)(3) charitable organization, is dedicated to constructing, providing, sponsoring, managing, rehabilitating, and preserving affordable housing. Additionally, the corporation aims to foster economic development opportunities. The organization serves more than 8000 families by acting as a managing general partner for low and moderate income properties. Beyond housing, they offer comprehensive services that include youth programs such as computer enrichment and reading programs, adult services like English as a second language classes, senior services such as health, fitness, and transportation programs, and various other initiatives like food programs and crime prevention.


Official website here: www.pswcdc.org

Who is the CEO of Pacific Southwest Community Development Corporation?

Robert W Laing is the Chairman Of The Board of Pacific Southwest Community Development Corporation.


Official website here: www.pswcdc.org

What is the revenue of Pacific Southwest Community Development Corporation?

Pacific Southwest Community Development Corporation's revenue in 2022 was $4,258,260.


Official website here: www.pswcdc.org

Who are the executives of Pacific Southwest Community Development Corporation and what are their salaries?

The average compensation at Pacific Southwest Community Development Corporation during 2022 was $29,055. There are 41 employees and 61 volunteers at Pacific Southwest Community Development Corporation.

Here are 5 key members and their salaries:

    Robert W Laing (President/Executive Direct) [Trustee/Director]
  • Compensation: $260,233
  • Related: $0
  • Other: $10,118

    • Juan P Arroyo (Executive Vice President)
  • Compensation: $130,311
  • Related: $0
  • Other: $0

    • Michael T Walsh (Chairman Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Reyes (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Dubose (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pswcdc.org

    Where can I find the form 990 for Pacific Southwest Community Development Corporation?

    The Pacific Southwest Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pswcdc.org

    Learn more at the official website: www.pswcdc.org

    Mission Statement of Pacific Southwest Community Development Corporation

    Pacific Southwest Community Development Corporation, a 501(c)(3) charitable organization, is dedicated to constructing, providing, sponsoring, managing, rehabilitating, and preserving affordable housing. The corporation's mission extends beyond housing, aiming to create opportunities for economic development. By acting as a managing general partner for low and moderate income properties located in California, the organization provides comprehensive services to over 8000 families. These services go beyond housing, encompassing youth programs such as computer enrichment and reading programs, adult services like English as a Second Language classes, senior services including health, fitness, and transportation, and other initiatives such as food programs and crime prevention. The corporation generates income through carrying below market rate loans on its investments, which it then uses to serve its community.

    Impact

    This information is meant to be a general summary of Pacific Southwest Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Pacific Southwest Community Development Corporation has a significant impact on low and moderate-income families in California by providing affordable housing and economic development opportunities. With a focus on managing, rehabilitating, and preserving affordable housing properties, the organization serves over 8000 families. Additionally, they offer comprehensive services, including youth programs, adult education, senior services, and food programs, ensuring a holistic approach to community development. By investing in below-market rate loans and utilizing income from these investments, Pacific Southwest CDC creates a positive impact on the community through its wide range of services and support programs.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $649,764
  • Program Service Revenue: $3,586,284
  • Gross Receipts: $4,258,260

    • Assets and Liabilities:
  • Total Assets: $55,343,513
  • Total Liabilities: $11,911,736
  • Net Assets: $43,431,777
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PARTNERSHIP FEES

    Revenue

    $2,555,555

    PROGRAM INCOME

    Revenue

    $634,433

    DEVELOPER FEES

    Revenue

    $396,296

    Organization Details

    Founding Year

    1996

    Principal Officer

    Robert W Laing

    Main Address

    16935 WEST BERNARDO DRIVE 238, SAN DIEGO, CA, 92127

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Pacific Southwest Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.