MAAC HOUSING CORPORATION
1355 3RD AVENUE, CHULA VISTA, CA 91911

Total Revenue
$3,015,967
Total Expenses
$2,327,467
Net Assets
$39,019,556

Organizations Filed Purposes: WELFARE MAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS

CARLSBAD LAUREL TREE APARTMENTS-CARLSBAD APARTMENTS CONSISTS OF A 138-UNIT LOW INCOME HOUSING PROJECT IN 23 RESIDENTIAL BUILDINGS TOGETHER WITH OPEN SPACE AND RECREATIONAL AMENITIES LOCATED IN SAN DIEGO COUNTY, CALIFORNIA, IN WHICH MAAC HOUSING CORPORATION (MHC) SERVES AS A LIMITED PARTNER. MAAC PRESIDENT JOHN ADAMS MANOR APARTMENTS, LLC (MAAC PJAM LLC)- MAAC PJAM LLC WAS FORMED IN MARCH 2016 WITH MHC AS THE SOLE MEMBER FOR THE PURPOSE OF ACQUIRING THE PRESIDENT JOHN ADAMS MANOR APARTMENTS (THE PROJECT) FROM THE PJAM LP, AN AFFILIATED PARTNERSHIP. THE GENERAL PARTNER IS PJAM INC., A CALIFORNIA EXEMPT ORGANIZATION. THE PROJECT CONSISTS OF 300 UNITS OF AFFORDABLE RENTAL HOUSING IN 38 RESIDENTIAL BUILDINGS LOCATED IN THE CITY SAN DIEGO, CALIFORNIA. MHC BECAME THE SOLE OWNER THE APARTMENT PROJECT IN MAY 2016, RECEIVING AN ALLOCATION OF 100% OF THE LOSSES AS ITS SOLE MEMBER. MAAC SAN MARTIN DE PORRES LLC-EFFECTIVE JUNE 1, 2017, SAN MARTIN DE PORRES, L.P., SOLD THE PROJECT TO SAN MARTIN DE PORRES, LLC, A WHOLLY OWNED SUBSIDIARY OF MAAC HOUSING CORPORATION. THE PROJECT CONSISTS OF A 116-UNIT, AFFORDABLE RENTAL HOUSING APARTMENT LOCATED IN THE CITY OF SPRING VALLEY, SAN DIEGO COUNTY, CALIFORNIA. MAAC COMMUNITY CENTER WAS TRANSFERRED TO MCC CHULA VISTA, LLC, A SOLE MEMBER SUBSIDIARY OF MAAC HOUSING CORP, AS OF MAY, 2017. THE PROJSCT IS A 73,000 SQUARE FOOT PROPERTY LOCATED IN CHULA VISTA, CALIFORNIA, WHICH IS USED FOR A CHARTER SCHOOL AND VARIOUS PROGRAMS. MHC WAS FORMED TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES. IN ADDITION, THESE PROJECTS CREATE SUPPORTIVE COMMUNITIES, INCLUDE QUALITY PROPERTY MANAGEMENT, TENANT GOVERNANCE COUNCILS, CULTURALLY- SENSITIVE SOCIAL SERVICES, WORK SKILL ENHANCEMENT PROGRAMS, COMMUNITY LEADERSHIP AND ORGANIZATION, AND INTERVENTION STRATEGIES FOR CHILDREN AND YOUTH. THEY PROVIDE A COMPREHENSIVE PROGRAM OF SUPPORT SERVICES TO THEIR RESIDENTS, INCLUDING A DIVERSE AND CULTURALLY APPROPRIATE LIBRARY, AN AFTER-SCHOOL READING PROGRAM, ON-SITE CHILDCARE, AN ACTIVE TENANT ASSOCIATION, A LUNCH PROGRAM, AND A SUMMER CAMP PARTICIPATION PROGRAM. MHC WAS FORMED TO SUPPORT THE METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTY OF SAN DIEGO COUNTY, INC, A CALIFORNIA NONPROFIT BENEFIT CORPORATION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Darjene Graham-PerezSECRETARY0.5$0
Austin FoyeCFO0.5$0
Arnulfo ManriquezPRESIDENT/CEO0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043219349308954_public.xml