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Nonprofit · EIN 95-4648166

CENTURY AFFORDABLE DEVELOPMENT INC

Tax-exempt · CULVER CITY, CA 90230

Financials

$15.9M$4M2023$12.4M$3.9M2024
Revenue Expenses · by fiscal year end
Financials of CENTURY AFFORDABLE DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$12,444,945$3,856,545$8,588,400$84,438,131$17,944,717$66,493,414
December 31, 2023990$15,866,369$4,041,722$11,824,647$70,393,648$12,488,634$57,905,014
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$500,000
Program service revenue
$9,356,126
Investment income
$2,588,819
Net gain from sales of assets
$1,653,069
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,426,680
Salaries, compensation and benefits (total)
$3,221,627
Professional fundraising fees
$0
Legal fees
$261
Accounting fees
$37,250
Travel
$13,213
Depreciation
$12,567
Program services (functional)
$3,607,270
Management and general (functional)
$249,275

Balance sheet and other

Total assets, start of year
$70,393,648
Total assets, end of year
$84,438,131
Total liabilities, end of year
$17,944,717
Net assets, end of year
$66,493,414
Land, buildings and equipment
$1,677,492
Net assets without donor restrictions
$56,889,664
Net assets with donor restrictions
$9,603,750
Gross receipts
$12,791,876
Employees
0
Volunteers
0
Year formed
1996
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 / weekCompensationFrom related orgsOther / benefits
RONALD GRIFFITHPRESIDENT & CEO
Officer
10$0$567,477$59,926
ALAN R HOFFMANSENIOR VP AND CFO
Officer
2.5$0$480,782$67,183
BRIAN NICHOLAS DANDREASENIOR VICE PRESIDENT
Key employee
17.5$0$424,860$67,922
OSCAR ALVARADOVICE PRESIDENT
Key employee
40$0$351,305$59,230
HOWARD CHANVICE PRESIDENT
Key employee
20$0$269,088$54,368
FERN HENDRICKSONVICE PRESIDENT, HUMAN RESOURCES
Key employee
10$0$247,107$58,043
PAIGE A O'DONNELLASSOCIATE DIRECTOR
Highest-paid employee
40$0$235,620$32,756
HEATHER SHARPVICE PRESIDENT, PROPERTY OPERATIONS
Key employee
17.5$0$223,521$24,511
BEULAH KUASSISTANT SECRETARY
Officer
2.5$0$205,566$22,916
JORDAN M JOHNSONSENIOR DEVELOPMENT MANAGER
Highest-paid employee
40$0$198,982$28,547
CHRISTOPER L POPEASSOCIATE DIRECTOR
Highest-paid employee
40$0$188,618$15,077
ALEXANDROS B STAMASSENIOR DEVELOPMENT MANAGER
Highest-paid employee
40$0$170,937$24,269
KYLE FECIKDEVELOPMENT ASSOCIATE
Highest-paid employee
40$0$143,157$21,810
DANIEL LOPEZACTING PRESIDENT AND CEO
Officer
10.5$0$135,335$6,423
LOUISE OLIVERDIRECTOR
Trustee or director
1$0$17,243$358
9 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CARRIE HAWKINSDIRECTOR
Trustee or director
1$0$17,243$357
DARROCH F YOUNGDIRECTOR
Trustee or director
1$0$17,600$0
KRISTINA OLSONCHAIR, DIRECTOR
Trustee or director, Officer
1$0$17,600$0
STEVEN R LEWISVICE CHAIR, DIRECTOR
Trustee or director
1$0$17,600$0
CHRISTOPHER CAMERONDIRECTOR
Trustee or director
1$0$17,600$0
GREGORY ROBINSONSECRETARY, DIRECTOR
Trustee or director, Officer
1$0$17,600$0
YVONNE BURKEDIRECTOR
Trustee or director
1$0$17,600$0
JOHN CHIANGDIRECTOR
Trustee or director
1$0$13,200$0
DANIEL LOPEZDIRECTOR
Trustee or director
1$0$9,208$357
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RONALD GRIFFITHVICE PRESIDENT
Trustee or director, Officer
2.5$0$521,853$69,119
ALAN HOFFMANDIRECTOR
Trustee or director
2$0$449,974$62,280
BRIAN NICHOLAS DANDREAPRESIDENT
Trustee or director, Officer
19.5$0$397,219$63,561
OSCAR ALVARADOVICE PRESIDENT
Officer
1$0$328,156$55,427
HOWARD CHANVICE PRESIDENT & CFO
Officer
20$0$253,399$50,671
STEVEN COLMANVICE PRESIDENT
Officer
20$0$257,099$44,548
KAREN BENNETT-GREENVICE PRESIDENT
Officer
1$0$217,195$44,234
CHRISTOPHER POPESENIOR DEVELOPMENT MANAGER
Highest-paid employee
20$0$235,232$25,758
BEULAH KUCORPORATE SECRETARY
Officer
1$0$200,970$22,811
JORDAN JOHNSONSENIOR DEVELOPMENT MANAGER
Highest-paid employee
20$0$191,696$27,278
HEATHER SHARPVICE PRESIDENT, PROPERTY OPERATIONS
Highest-paid employee
20$0$191,301$21,735
GILBERT GONZALESSENIOR DEVELOPMENT MANAGER
Highest-paid employee
20$0$165,750$25,130
MARIA RUIZASSISTANT CONTROLLER
Highest-paid employee
20$0$137,948$43,593
SERYBREM BASSVICE PRESIDENT
Officer
40$0$140,329$32,177

Address and contacts

Address (IRS master file)
1000 CORPORATE POINTE STE 200, CULVER CITY, CA 90230-7690
Principal officer (990 for 2024)
WILLIAM WONG, 1000 CORPORATE POINTE SUITE 200, CULVER CITY, CA 90230
Signed the 990
WILLIAM WONG, CFO
Phone
(310) 642-2000
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 95-4648166 or by the name CENTURY AFFORDABLE DEVELOPMENT INC.

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

Mission

TO ACQUIRE AND DEVELOP REAL PROPERTY AS AFFORDABLE HOUSING.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION ACQUIRED AND SOLD PROPERTIES TO MAINTAIN AFFORDABLE HOUSING
    Expenses $3,607,270 · revenue $11,009,195

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
95-4648166
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$84,438,131
Income (IRS master file)
$12,791,876

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$12,444,945$3,856,545$84,438,131XML
990December 2023$15,866,369$4,041,722$70,393,648XML
990December 2022$4,263,794$3,338,246$55,057,977IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 95-4648166).

Questions about CENTURY AFFORDABLE DEVELOPMENT INC

What is the EIN of CENTURY AFFORDABLE DEVELOPMENT INC?
The employer identification number (EIN) of CENTURY AFFORDABLE DEVELOPMENT INC is 95-4648166.
Is CENTURY AFFORDABLE DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to CENTURY AFFORDABLE DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTURY AFFORDABLE DEVELOPMENT INC 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 CENTURY AFFORDABLE DEVELOPMENT INC 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 CENTURY AFFORDABLE DEVELOPMENT INC 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 CENTURY AFFORDABLE DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 names WILLIAM WONG.
Who are the officers and directors of CENTURY AFFORDABLE DEVELOPMENT INC?
The 990 for the year ended December 31, 2024 lists 24 people; 0 received compensation from the organization.
How much revenue does CENTURY AFFORDABLE DEVELOPMENT INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $12,444,945, expenses of $3,856,545 and total assets of $84,438,131 at year end.

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