Nonprofit · EIN 23-2364586
SACA DEVELOPMENT CORPORATION
Tax-exempt · LANCASTER, PA 17602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,884,321 | $2,727,731 | $1,156,590 | $29,611,754 | $22,316,537 | $7,295,217 |
| June 30, 2024 | 990 | $3,821,610 | $2,711,094 | $1,110,516 | $29,214,857 | $23,076,230 | $6,138,627 |
| June 30, 2023 | 990 | $5,511,228 | $4,924,069 | $587,159 | $28,151,683 | $23,211,802 | $4,939,881 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,038,127
- of which government grants
- $1,701,683
- Program service revenue
- $2,283,925
- Investment income
- -$818,586
- Net gain from sales of assets
- -$904,674
- Other revenue
- $380,855
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $195,114
- Salaries, compensation and benefits (total)
- $242,730
- Professional fundraising fees
- $0
- Legal fees
- $33,148
- Accounting fees
- $63,349
- Occupancy
- $343,202
- Depreciation
- $470,116
- Program services (functional)
- $2,492,774
- Management and general (functional)
- $234,957
Balance sheet and other
- Total assets, start of year
- $29,214,857
- Total assets, end of year
- $29,611,754
- Total liabilities, end of year
- $22,316,537
- Net assets, end of year
- $7,295,217
- Land, buildings and equipment
- $18,488,560
- Net assets without donor restrictions
- $7,295,217
- Gross receipts
- $5,473,968
- Employees
- 12
- Volunteers
- 8
- Year formed
- 1984
- State of legal domicile
- PA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSE R LOPEZ | PRESIDENT/CEO Trustee or director, Officer | 22 | $0 | $214,536 | $48,950 |
| ROSA GRAUPERA | CFO (UNTIL 12/24) Officer | 25 | $0 | $132,902 | $55,053 |
| JOSE COLON | VP PROPERTY MANAGEMENT Highest-paid employee | 40 | $107,282 | $0 | $19,752 |
| RYAN ELLIS | CFO (AS OF 09/24) Officer | 25 | $0 | $33,552 | $0 |
| JODIE RICHARDSON | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TED DARCUS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT FRANKHOUSER JR | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIRIAM ORTEGA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CARLOS GRAUPERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DARIO SANCHEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALBERT GONZALEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOSE R LOPEZ | PRESIDENT/CEO Trustee or director, Officer | 22 | $20,160 | $136,719 | $20,193 |
| CARLOS GRAUPERA | CEO (UNTIL 6/23)/BOARD MEMBER Trustee or director, Officer | 22 | $62,752 | $62,752 | $36,548 |
| ROSA GRAUPERA | CFO Officer | 25 | $0 | $112,533 | $14,662 |
| JOSE COLON | VP PROPERTY MANAGEMENT Highest-paid employee | 40 | $100,274 | $0 | $14,103 |
| JODIE RICHARDSON | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TED DARCUS | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT FRANKHOUSER JR | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIRIAM ORTEGA | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DARIO SANCHEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALBERT GONZALEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JIM KLINE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MELANIE BATISTA | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GLADYS DELGADO | BOARD MEMBER (UNTIL XX/XX) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CARLOS GRAUPERA | CEO(UNTIL 6/23)/BOARD MEMBER Trustee or director, Officer | 20 | $64,235 | $64,235 | $40,586 |
| JOSE R LOPEZ | PRESIDENT Officer | 20 | $70,816 | $70,816 | $14,520 |
| ROSA GRAUPERA | CHIEF FINANCIAL OFFICER Officer | 5 | $0 | $115,960 | $13,406 |
| JODIE RICHARDSON | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| TED DARCUS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| ROBERT FRANKHOUSER JR | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MIRIAM ORTEGA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| GLADYS DELGADO | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DARIO SANCHEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| ALBERT GONZALEZ | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| JIM KLINE | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MELANIE BATISTA | BOARD MEMBER Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 453 S LIME ST STE A, LANCASTER, PA 17602-3652
- Principal officer (990 for 2024)
- JOSE R LOPEZ, 453 S LIME STREET A, LANCASTER, PA 17602
- Signed the 990
- ROBERT FRANKHOUSER, TREASURER
- Phone
- (717) 397-6267
- Website
- WWW.SACAPA.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE CORPORATION IS FORMED TO:1) PURCHASE, CONSTRUCT, REHABILITATE, OWN, REPAIR, MAINTAIN, LEASE AND RELEASE HOUSING IN BLIGHTED OR ECONOMICALLY OR SOCIALLY DEPRESSED AREAS OF THE COUNTY OF LANCASTER, PENNSYLVANIA.2) LESSEN THE BURDENS OF GOVERNMENT BY MAKING DECENT, AFFORDABLE HOUSING AVAILABLE IN AREAS WHERE GOVERNMENT AND PROFIT-MAKING BUSINESSES TRADITIONALLY HAVE FAILED TO DO SO AND TO PROVIDE SUCH HOUSING ON A NON-PROFIT BASIS AND WHEREVER ECONOMICALLY POSSIBLE, AT RENTS BELOW MARKET RATES AND AT PRICES AFFORDABLE TO LOW AND MODERATE INCOME PERSONS3) TO ENCOURAGE COMMUNITY IMPROVEMENT AND TO PROVIDE TRAINING AND INCREASED EMPLOYMENT OPPORTUNITIES FOR ECONOMICALLY AND SOCIALLY DISADVANTAGED MEMBERS OF LOW AND MODERATE INCOME FAMILIES, AND4) IN FURTHERANCE OF THE FOREGOING, TO DO ALL OTHER ACTIVITIES AND THINGS WHICH NON-PROFIT CORPORATIONS ARE LEGALLY AUTHORIZED TO DO.
Program accomplishments
- SACA DEVELOPMENT COMPLETED THE WELDING AND METAL FABRICATION TRAINING AREA FOR TEC CENTRO SOUTHWEST IN DECEMBER 2024. CLASSES STARTED IN THIS TRAINING AREA IN JANUARY 2025. CLASSES ARE IN PROGRESS AND EMPLOYERS CAN FIND NEW, WELL-TRAINED EMPLOYEES, THANKS TO THIS PROGRAM. SACA DEVELOPMENT REHABBED THREE HOMES AND RESOLD THREE SCATTERED SITE HOMES IN FY 24-25. AS OF JUNE 30, 2025, SDC STILL HAD ONE HOME ON THE MARKET FOR SALE. OUR PROJECT, DUKE STREET PLAZA, CONTINUES TO BE IN THE PRE-DEVELOPMENT PHASE BUT WHEN COMPLETED WILL PROVIDE ONE STANDALONE BANK BRANCH AND A FOUR-STORY MIXED-USE BUILDING WITH RETAIL AND PROFESSIONAL OFFICES ON THE GROUND LEVEL WITH THE 2ND, 3RD AND 4TH LEVELS CONSISTING OF 48 APARTMENTS LOCATED WITHIN THE SOUTHEAST AREA OF THE CITY. SACA DEVELOPMENT WAS ABLE TO COMPLETE THE MAJORITY OF A REFRESH TO THE APARTMENTS AT GENERAL CIGAR PLACE. THE RENOVATIONS INCLUDED THE USE OF ARPA FUNDS TO COMPLETE THE PROJECT. NEW FLOORING, APPLIANCES, BATHROOM REMODELS AND PAINTING WERE COMPLETED FOR EACH APARTMENT. THIS PROJECT ALSO INCLUDED UPDATING THE FLOORING AND WALLS OF THE HALLWAYS AND COMMON AREAS. SACA DEVELOPMENT ALSO COMPLETED RENOVATIONS FOR THEIR PROPERTY AT 50 E. NEW ST. THIS INCLUDED NEW FLOORING, PAINTING, AND A KITCHEN REMODEL. THE BATHROOMS WERE ALL UPDATED AS WELL.Expenses $2,492,774 · revenue $2,283,925
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2364586
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $29,611,754
- Income (IRS master file)
- $5,473,968
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,884,321 | $2,727,731 | $29,611,754 | IRS |
| 990 | June 2024 | $3,821,610 | $2,711,094 | $29,214,857 | IRS |
| 990 | June 2023 | $5,511,228 | $4,924,069 | $28,151,683 | XML |
| 990 | June 2022 | $4,097,637 | $2,592,941 | $17,509,211 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 23-2364586).
Questions about SACA DEVELOPMENT CORPORATION
- What is the EIN of SACA DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SACA DEVELOPMENT CORPORATION is 23-2364586.
- Is SACA DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to SACA DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SACA DEVELOPMENT CORPORATION 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 SACA DEVELOPMENT CORPORATION 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 SACA DEVELOPMENT CORPORATION 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 SACA DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names JOSE R LOPEZ.
- Who are the officers and directors of SACA DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization.
- How much revenue does SACA DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,884,321, expenses of $2,727,731 and total assets of $29,611,754 at year end.
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All nonprofits in LANCASTER · Pennsylvania · Housing and shelter