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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Santa Cruz Apartments Inc.

Santa Cruz Apartments Inc.

Fiscal year ending 2024. Filed on February 4, 2025.

1112 East Buckeye Road
Phoenix, Arizona 85034

Santa Cruz Apartments Inc. (EIN: 86-0712873) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Santa Cruz Apartments Inc., a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $500,410. The highest compensated employee at Santa Cruz Apartments Inc. is David Adame Until 10312023 with fiscal year 2024 compensation of $945,210.

Revenue, expenses, and employee compensation

Revenue

$1,286,774

Expenses

$1,114,511

Employee compensation

$266,281
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Adame Until 10312023
Chair
$945,210
$0 $925,292 $19,918
Max Gonzales
Secretary
$474,415
$0 $450,408 $24,007
Alicia Nunez
Chair and Treasurer
$460,618
$0 $428,505 $32,113
Jose Martinez
President
$451,263
$0 $438,603 $12,660
Patricia Duarte
Executive Vice President
$367,242
$0 $355,770 $11,472
Jesse Satterlee
Chief Financial Officer
$303,709
$0 $303,228 $481

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

SANTA CRUZ APARTMENTS, INC. WAS ORGANIZED TO ACQUIRE, OWN AND OPERATE A 132 UNIT APARTMENT COMMUNITY IN TUCSON, ARIZONA, KNOWN AS SANTA CRUZ APARTMENTS. THE COMMUNITY WAS PURCHASED FROM THE RESOLUTION TRUST CORPORATION ON DECEMBER 17, 1993. THE COMMUNITY WAS ORIGINALLY FINANCED BY THE CORPORATION UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. ON JUNE 24, 2003, THE COMMUNITY WAS REFINANCED AND THE FHA MORTGAGE LOAN WAS PAID IN FULL.

Revisions to this organization profile

February 4, 2025:
2024 Santa Cruz Apartments Inc. 990 filed
January 23, 2024:
2023 Santa Cruz Apartments Inc. 990 filed
May 9, 2023:
2022 Santa Cruz Apartments Inc. 990 filed

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