Area Housing Authority of County of Ventura
96% goes to programs $0 to raise $100 Strong reserves Growing revenue
Area Housing Authority of County of Ventura is a 501(c)(3) organization based in Newbury Park, California, registered in 1998, with $60,935,482 in FY2024 revenue. CharityIndex grades it A, and it directs about 96% of spending to programs.
1400 W Hillcrest Dr, Newbury Park, CA, 91320 EIN 95-2775099 Since 1998
Revenue (FY2024)
$60.9M
▲ 3.0% vs prior year
Housing median: $408K
Expenses (FY2024)
$59.2M
Net assets
$41.4M
Employees
56
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating96% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Area Housing Authority of County of Ventura: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Area Housing Authority of County of Ventura: 8 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
BGovernance25% of the rating4 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Area Housing Authority of County of Ventura: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Area Housing Authority of County of Ventura: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To provide housing assistance to low-income families, persons with disabilities and seniors.
What they do
Low rent public housing: the housing authority currently provides housing for 351 low income families, persons with disabilities, and seniors.
The housing authority operates 232 tax credit units for families. additionally, we are able to assist another 189 families and seniors through complexes and houses we own.
Contact & location
- Address
- 1400 W Hillcrest Dr, Newbury Park, CA, 91320
- City
- Newbury Park
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $36.0M (FY2013) to $60.9M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $15.5MNet assets $41.4M
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$56.8M
Total liabilities
$15.5M
Net assets
$41.4M
Salaries & benefits
$6.0M
10% of expenses
Board members
15
2 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $60,935,482▲3.0% | $59,173,950▲6.0% | $41,352,831▲4.4% | $56,848,900▲2.7% | 990 |
| 2023 | $59,143,068▲11.7% | $55,832,801▲10.3% | $39,591,299▲9.1% | $55,362,810▲3.9% | 990 |
| 2022 | $52,969,922▲16.7% | $50,612,265▲14.9% | $36,281,032▲6.9% | $53,281,387▲4.1% | 990 |
| 2021 | $45,374,355▲3.3% | $44,061,751▲5.6% | $33,923,375▲4.0% | $51,199,286▲1.6% | 990 |
| 2020 | $43,905,696▲6.5% | $41,711,562▲5.2% | $32,610,771▲7.2% | $50,380,025▲3.3% | 990 |
| 2019 | $41,225,058▲6.6% | $39,661,562▲4.4% | $30,416,637▲5.4% | $48,768,085▲3.4% | 990 |
| 2018 | $38,677,713▲2.8% | $37,979,178▲2.2% | $28,853,141▲3.7% | $47,173,992▲6.9% | 990 |
| 2017 | $37,621,937▲1.3% | $37,165,631▲2.6% | $27,811,106▲1.7% | $44,114,462▲14.7% | 990 |
| 2016 | $37,133,262▼4.5% | $36,226,235▲2.2% | $27,354,800▲3.4% | $38,444,449▲0.6% | 990 |
| 2015 | $38,877,883▲15.2% | $35,433,400▲5.9% | $26,447,773▲15.0% | $38,233,979▼0.6% | 990 |
| 2014 | $33,753,192▼6.2% | $33,467,600▼3.0% | $23,003,290▲1.3% | $38,463,941 | 990 |
| 2013 | $35,995,415 | $34,486,812▼9.7% | $22,717,698▲7.1% | $38,446,384▲2.2% | 990 |
| 2012 | — | $38,177,668▲4.7% | $21,209,095▼2.4% | $37,625,140▼15.5% | 990 |
| 2011 | — | $36,447,201▲0.3% | $21,741,552▼0.6% | $44,518,091▼3.1% | 990 |
| 2010 | — | $36,345,917▼0.1% | $21,872,720▼1.2% | $45,960,664▼2.9% | 990 |
| 2009 | — | $36,381,750 | $22,138,739 | $47,330,049 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Michael Nigh — $215,620 (0.36% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael Nigh | Executive Director | 40 | $215,620 |
| Carrie Sabatini | Deputy Director | 40 | $187,508 |
| George Mcgehee Jr | Director of Housing Assets | 40 | $165,622 |
| James Markot | Director of Information Systems | 40 | $165,574 |
| Denise Howells | Director of Finance | 40 | $164,254 |
| Juan Jimenez | Housing Assets Manager | 40 | $117,279 |
| Alma Maldonado | Section 8 Manager | 40 | $117,256 |
| Douglas Hooper | Commissioner | 1 | $500 |
| Jorgen Nielsen | Commissioner | 1 | $500 |
| Joseph Piechowski | Commissioner | 1 | $500 |
| Mark Lunn | Chair | 1.5 | $500 |
| Tracy Bodis | Commissioner | 1 | $500 |
| Chelsee Russell | Commissioner | 1 | $450 |
| Marcella Ramos-cruz | Commissioner | 1 | $450 |
| Stephen Mason | Commissioner | 1 | $400 |
| Susan Johnson | Vice-chair | 1 | $400 |
| Angela Bradley | Resident Commissioner | 1 | $350 |
| Juan Ponce | Commissioner | 1 | $350 |
| Chuck Lech | Commissioner | 1 | $300 |
| Brent Reisender | Commissioner | 1 | $200 |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Mdj Management LLC | Building Replacement & Repairs | $481,734 |
| Enhanced Landscape Management LLC | Landscape Service | $301,852 |
| Silver Development & Associates Inc | Plumbing Related Repairs | $151,546 |
| Touch of Color Painting | Professional Painting Service | $116,685 |
| Ceez Modern Cleaners | Cleaning Service | $115,900 |
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Compare Area Housing Authority of County of Ventura
Frequently asked questions
- Is Area Housing Authority of County of Ventura a legitimate nonprofit?
- Yes. Area Housing Authority of County of Ventura is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-2775099, based in Newbury Park, California. Donations are tax-deductible.
- What is Area Housing Authority of County of Ventura's EIN?
- Area Housing Authority of County of Ventura's Employer Identification Number (EIN) is 95-2775099.
- How much revenue does Area Housing Authority of County of Ventura report?
- Area Housing Authority of County of Ventura reported $60,935,482 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Area Housing Authority of County of Ventura's spending goes to programs?
- Area Housing Authority of County of Ventura spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Area Housing Authority of County of Ventura have?
- CharityIndex grades Area Housing Authority of County of Ventura A, based on program efficiency and fundraising cost.
- How much does Area Housing Authority of County of Ventura's highest-paid employee make?
- The highest reported compensation on Area Housing Authority of County of Ventura's latest Form 990 is $215,620, paid to Michael Nigh (Executive Director).
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Data for Area Housing Authority of County of Ventura (EIN 95-2775099) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.