Century Housing Corporation is a 501(c)(3) organization based in Culver City, California, registered in 1996, with $46,935,654 in FY2024 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
Revenue (FY2024)
$46.9M
▼ 26.3% vs prior year
Housing median: $408K
Expenses (FY2024)
$28.2M
Net assets
$354.0M
Employees
37
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 Century Housing Corporation: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
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 Century Housing Corporation: 150 mo reserves · +40% margin earns a B+ on this criterion. See the exact thresholds →
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 Century Housing Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Century Housing Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Century housing and its controlled affiliates provide certain business activities and service programs to communities within the state of california. the following are the significant activities:affordable housing financing - century housing operates primarily as a lender to developers, builders and other nonprofit entities to provide and maintain affordable homes.affordable housing development and management - century affordable development inc. ("cadi") engages in the development, preservation and leasing of affordable housing. century villages at cabrillo inc. ("cvc") engages in property management and the provision of social services for low-income residents of cadi owned or subsidized real properties.
Revenue grew from $13.2M (FY2013) to $46.9M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
39.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$705.7M
Total liabilities
$351.6M
Net assets
$354.0M
Salaries & benefits
$8.0M
28% of expenses
Board members
10
9 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $46,935,654▼26.3% | $28,236,881▼37.9% | $354,032,269▲15.4% | $705,651,112▲14.4% | 990 |
| 2023 | $63,666,243▲69.9% | $45,458,373▲157% | $306,697,157▲8.7% | $616,634,429▲1.3% | 990 |
| 2022 | $37,466,757▲11.9% | $17,660,879▲13.2% | $282,038,905▲1.0% | $608,904,296▲5.0% | 990 |
| 2021 | $33,491,484▼22.3% | $15,605,343▼12.2% | $279,303,584▲9.7% | $579,661,365▲4.4% | 990 |
| 2020 | $43,077,772▲13.0% | $17,781,758▼6.0% | $254,672,629▲13.2% | $555,387,059▲16.6% | 990 |
| 2019 | $38,115,517▲15.8% | $18,919,754▲19.2% | $225,073,550▲13.4% | $476,421,322▲18.1% | 990 |
| 2018 | $32,911,789▲24.9% | $15,870,584▲26.4% | $198,418,399▲6.3% | $403,314,212▲14.6% | 990 |
| 2017 | $26,342,097▲29.0% | $12,551,427▲17.5% | $186,734,758▲12.1% | $351,895,220▲21.4% | 990 |
| 2016 | $20,423,286▲3.7% | $10,678,801▲2.0% | $166,605,444▲8.6% | $289,907,926▼4.4% | 990 |
| 2015 | $19,692,179▲25.8% | $10,470,290▲18.0% | $153,376,401▲3.8% | $303,317,254▲40.8% | 990 |
| 2014 | $15,656,270▲18.9% | $8,874,204▲0.2% | $147,758,844▲5.1% | $215,379,125▲11.1% | 990 |
| 2013 | $13,170,815 | $8,858,135▼48.5% | $140,558,117▲5.3% | $193,936,655▲14.3% | 990 |
| 2012 | — | $17,191,645▲2.6% | $133,475,723▲4.9% | $169,681,790▼5.6% | 990 |
| 2011 | — | $16,761,843▼11.4% | $127,206,534▲3.4% | $179,667,126▲8.5% | 990 |
| 2009 | — | $18,909,882 | $123,028,126 | $165,656,077 | 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.
Highest-paid: Ronald Griffith — $567,477 (2.01% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ronald Griffith | President & Ceo | 20 | $567,477 |
| Alan R Hoffman | Senior Vp and Cfo | 35 | $480,782 |
| Brian Nicholas Dandrea | Senior Vice President | 5 | $424,860 |
| Joshua David Hamilton | Senior Vice President, Lending | 40 | $408,790 |
| Rosa Menart | Senior Vice President, Finance & Treasury | 40 | $391,590 |
| Nicholas G Friend | Vice President, Lending | 40 | $295,382 |
| Fern Hendrickson | Vice President, Human Resources | 20 | $247,107 |
| Karen Rene Davis | Vice President, Loan Officer | 40 | $236,111 |
| Karen Bennett-green | Vice President, Loan Administration | 40 | $227,018 |
| Tracy L Powell | Vice President, Construction Lending | 40 | $223,895 |
| Beulah Ku | Assistant Secretary | 35 | $205,566 |
| Mabel Hernandez | Assistant Vice President, | 0 | $193,086 |
| Daniel Lopez | Acting President & Ceo | 19 | $135,335 |
| Christopher Cameron | Director | 1 | $17,600 |
| Darroch F Young | Director | 1 | $17,600 |
| Gregory Robinson | Secretary, Director | 1 | $17,600 |
| Kristina Olson | Chair, Director | 1 | $17,600 |
| Steven R Lewis | Vice Chair, Director | 1 | $17,600 |
| Yvonne Burke | Director | 1 | $17,600 |
| Carrie Hawkins | Director | 1 | $17,243 |
| Contractor | Services | Paid |
|---|---|---|
| South Coast Mechnical LLC | Hvac, Electrical, General Contractor | $532,861 |
| Stroman & Associates | Consulting | $293,570 |
| Rodriguez Horii Choi & Cafferata LLP | Legal Consulting | $261,285 |
| Edgewood Partners Insurance Center | Insurance | $260,789 |
| Novogradac & Company LLP | Assurance, Tax | $260,450 |
2 grants to Century Housing Corporation totaling $15.0M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Philanthropic Tr | Public, societal benefit | 2023 | $15,000,000 |
| U S Green Building Council Inc | Affordable green nd grant | 2015 | $31,000 |
6 grants totaling $85K in FY2024. All grants made by Century Housing Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Cal State Fullerton Philanthropic Foundation | To support the organization's mission | $25,000 |
| Venice Community Housing Corporation | To support the organization's mission | $25,000 |
| The Salvation Army | To support the organization's mission | $10,000 |
| L A Family Housing Corporation | To support the organization's mission | $10,000 |
| Door of Hope | To support the organization's mission | $7,500 |
| Shelter Partnership Inc | To support the organization's mission | $7,500 |
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Data for Century Housing Corporation (EIN 95-4540326) 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.