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California · Nonprofit

WAKELAND HOUSING AND DEVELOPMENT CORP

WAKELAND HOUSING AND DEVELOPMENT CORP (California) receives grants from 7 organizations whose IRS filings report $405,360 to it, the largest being THE SAN DIEGO FOUNDATION ($162,910). 4 of them have funded it in more than one year.

Revenue FY2025
$37M
Funders on record
7
Grants received
$405k
Net assets
$70M
4/7 repeat funderspeak grant-dependency 1%
01What it does

What Wakeland Housing and Development Corp does

Mission

Wakeland Housing and Development Corporation is a california not-for-profit corporation whose mission is to transform lives and communities through high quality affordable and supportive housing paired with impactful resident services.

As stated on its FY2025 Form 990.

Programs

  1. Rental expenses: the corporation owns and operates a mobile home park, poinsettia parks, llc and affordable housing projects to provide affordable housing to low and moderate income families including seniors, and also provides resident education programs to the tenants. These expenses are comprised of operational expenses such as utilities, operations and maintenance, and taxes and insurance.

    $3,473,383 spent$5,000,126 earned by the program
    28% of program spending
  2. Development: the corporation's mission is to develop affordable housing using two methods: (1) acquisition and rehabilitation of existing multifamily residential housing; and (2) acquisition and entitlement of land and construction of new buildings.

    $4,520,437 spent$3,819,107 earned by the program
    36% of program spending
  3. Resident services: the resident services department is responsible for all onsite day-to-day resident services program implementation. The department provides initial set up, conducts ongoing assessments of community's program needs, and develops community partners while facilitating comprehensive programs for youth, adults and seniors.

    $2,835,354 spent$1,253,086 earned by the program
    23% of program spending
  4. Asset management: the asset management department administers all placed in service real estate in the corporation's diverse portfolio, which consists of 7,695 housing units. The department oversees all property tax abatement activities, monitors regulatory mandates, hires property management companies, provides property management oversight, and develops operating budgets and capital improvement plans.

    $1,632,933 spent$1,475,218 earned by the program
    13% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,462,107.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($7.5M) Expenses 100 ($6.6M) Net assets 100 ($22M)2018 Revenue 94 ($7.1M) Expenses 162 ($11M) Net assets 81 ($17M)2019 Revenue 101 ($7.6M) Expenses 139 ($9.2M) Net assets 73 ($16M)2020 Revenue 115 ($8.6M) Expenses 142 ($9.4M) Net assets 70 ($15M)2021 Revenue 183 ($14M) Expenses 137 ($9.1M) Net assets 109 ($23M)2022 Revenue 332 ($25M) Expenses 158 ($10M) Net assets 163 ($35M)2023 Revenue 341 ($26M) Expenses 185 ($12M) Net assets 229 ($49M)2024 Revenue 304 ($23M) Expenses 196 ($13M) Net assets 300 ($65M)2025 Revenue 487 ($37M) Expenses 441 ($29M) Net assets 323 ($70M)
'17'18'19'20'21'22'23'24'25
Revenue (487)Expenses (441)Net assets (323)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $85M to $109M (+28%).

$38M
$46M
$44M
$45M
$55M
$69M
$85M
$109M
$114M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

63% of WAKELAND HOUSING AND DEVELOPMENT CORP’s revenue is contributions — more donation-reliant than the typical peer (13% for the typical peer).

This organization
Typical peer · 881 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$908k
’17
−$3.6M
’18
−$1.6M
’19
−$786k
’20
$4.7M
’21
$15M
’22
$13M
’23
$9.9M
’24
$7.4M
’25
5.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Wilson Launa

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed191917161918151921
Joined·+0+6+2+9+6+2+8+19
No longer listed·083675417
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $9k → $0.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
$6k
funders
1
1
3
1
3
2
1
4
1

1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WAKELAND HOUSING AND DEVELOPMENT CORP’s funders (the co-funder graph). Top 6 of 7 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WAKELAND HOUSING AND DEVELOPMENT CORP leans on a few funders — its largest provides 40% of grant income and the top three 90%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WAKELAND HOUSING AND DEVELOPMENT CORP.

40%
largest funder
90%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2019 62% · 2020 100% · 2021 77% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

WAKELAND HOUSING AND DEVELOPMENT CORP draws 82% of its grant income from funders outside California, across 3 states in all.

MN
WI
CA

In-state vs out-of-state, by year

’19
’20
’21
’22
California out of state home

Funder states come from each funder’s own filing. $163k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WAKELAND HOUSING AND DEVELOPMENT CORP runs a healthier operating margin than three-quarters of the 449 housing & shelter nonprofits its size.

Operating margin20% · top quartile
Months of reserve5.4mo · above the median
Revenue growth (annualized)22% · top quartile

this organization peer median middle 50% of peers· 449 housing & shelter nonprofits $10M–$100M, FY2025

Government funding WAKELAND HOUSING AND DEVELOPMENT CORP receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.6M on record.

Federal$3.6M
grants $3.6Mcontracts $0
24
25
Top agencies
  • Department of the Treasury$3.4M
  • Department of Housing and Urban Development$177k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like WAKELAND HOUSING AND DEVELOPMENT CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

43% of spending goes to programs.

Program 43%Management 57%Fundraising 0%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

94%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 113 related entities

  • Poinsettia Parks LLC · disregarded
  • Wakeland Abbott LLC · disregarded
  • Wakeland Palomar LLC · disregarded
  • Wakeland Housing LLC · disregarded
  • Wakeland Alma LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for WAKELAND HOUSING AND DEVELOPMENT CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WAKELAND HOUSING AND DEVELOPMENT CORP?
WAKELAND HOUSING AND DEVELOPMENT CORP (California) receives grants from 7 organizations whose IRS filings report $405,360 to it, the largest being THE SAN DIEGO FOUNDATION ($162,910). 4 of them have funded it in more than one year.
How many funders does WAKELAND HOUSING AND DEVELOPMENT CORP have?
IRS filings report 7 organizations giving $405,360 in grants to WAKELAND HOUSING AND DEVELOPMENT CORP, 4 of which have funded it in more than one year.
Who is the largest funder of WAKELAND HOUSING AND DEVELOPMENT CORP?
THE SAN DIEGO FOUNDATION is the largest funder on record, with $162,910 in grants. The full list of funders is on this page.
How can an organization like WAKELAND HOUSING AND DEVELOPMENT CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Wakeland Housing and Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing