Charity Search / CABRILLO ECONOMIC DEVELOPMENT CORP
Housing & Shelter (L20Z) IRS Verified DX Registered

CABRILLO ECONOMIC DEVELOPMENT CORP

EIN: 95-3681521 · VENTURA, CA 93003 · United States · FY 2023 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

CEDC is a private non-profit community development corporation whose mission is to provide comprehensive housing services, through a community building approach, that facilitate self-sufficiency for individuals and families who are most lacking in opportunity in Ventura and Santa Barbara Counties and adjacent areas in Los Angeles County. CEDC’s target population are households earning less than 80% of the Area Median Income for Ventura and Santa Barbara County, CA. CEDC is a chartered member of NeighborWorks® America, a national network of more than 230 community development and affordable home developers. In 2016, CEDC celebrated its 35th year of operation. Grounded in principles of community building, CEDC develops ownership and rental housing that forms the foundation for people to improve their lives. Cabrillo builds quality, well-designed housing that is affordable for people with limited means. Our success is based on maintaining a company that is well-managed and that collaborates with public, private and community partners.

Financial Overview — FY 2023
$4.2M
Total Revenue
$3.9M
Total Expenses
N/A
Net Assets
95
Employees
Expense Breakdown
Program Expense Ratio N/A
Fundraising Efficiency N/A
Operating Reserve N/A
Liability-to-Asset N/A
Revenue Diversification N/A
Executive Compensation $666K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $4.2M $3.9M N/A 95
2022 $3.2M $3.3M N/A 80
2021 $5.2M $3.4M N/A 115
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Organization Details
EIN
95-3681521
State
CA
City
VENTURA
ZIP
93003
NTEE Code
L20Z
Category
Housing & Shelter
Rating
44★
Last Updated
Oct 2025
IRS Ruling Year
1981
Foundation Code
15
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