Civic Intelligence

Jamboree Housing Corporation

EIN 33-0413518 • 501(c)3 • Irvine, CA

Profile

Jamboree housing corporation delivers high quality affordable housing and services that transform lives and strengthen communities.

17701 Cowan Avenue 200Irvine, CA 92614

www.jamboreehousing.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.48x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Liabilities / Revenue

92nd percentile

4.41x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Net Margin

83rd percentile

25%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Top Officer Pay

40th percentile

$666,810

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

501(c)3 • $250M-$1B nonprofits • Source year 2024

Asset Growth

80th percentile

14%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

13%

Faster revenue growth than 63% of similar nonprofits.

501(c)3 • $250M-$1B nonprofits • Annualized from 2023 to 2024

Assets

Up

$340,278,531

Up $42,888,978 (+14%) from 2023

Liabilities

Up

$164,832,597

Up $32,306,795 (+24%) from 2023

Net Assets

Up

$175,445,934

Up $10,582,183 (+6.4%) from 2023

Revenue

Up

$37,398,558

Up $4,393,850 (+13%) from 2023

Expenses

Up

$27,987,039

Up $3,675,387 (+15%) from 2023

Net Income

Up

$9,411,519

Up $718,463 (+8.3%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400M$300M$200M$100M$0Assets 2011: $62,645,271Liabilities 2011: $23,900,521Net Assets 2011: $38,744,7502011Assets 2012: $64,297,453Liabilities 2012: $23,882,574Net Assets 2012: $40,414,8792012Assets 2013: $64,496,833Liabilities 2013: $23,658,689Net Assets 2013: $40,838,1442013Assets 2014: $93,966,116Liabilities 2014: $52,812,052Net Assets 2014: $41,154,0642014Assets 2015: $95,330,482Liabilities 2015: $53,824,939Net Assets 2015: $41,505,5432015Assets 2016: $79,262,950Liabilities 2016: $22,000,425Net Assets 2016: $57,262,5252016Assets 2017: $103,480,891Liabilities 2017: $51,973,156Net Assets 2017: $51,507,7352017Assets 2018: $109,327,291Liabilities 2018: $55,236,630Net Assets 2018: $54,090,6612018Assets 2019: $124,107,305Liabilities 2019: $72,758,400Net Assets 2019: $51,348,9052019Assets 2020: $209,692,334Liabilities 2020: $111,725,363Net Assets 2020: $97,966,9712020Assets 2021: $221,855,825Liabilities 2021: $119,408,359Net Assets 2021: $102,447,4662021Assets 2022: $274,567,639Liabilities 2022: $119,613,720Net Assets 2022: $154,953,9192022Assets 2023: $297,389,553Liabilities 2023: $132,525,802Net Assets 2023: $164,863,7512023Assets 2024: $340,278,531Liabilities 2024: $164,832,597Net Assets 2024: $175,445,9342024

Highlighted filing

2024

Assets$340,278,531
Liabilities$164,832,597
Net Assets$175,445,934

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2011: $8,700,3142011Expenses 2012: $8,545,3472012Revenue 2013: $9,261,756Expenses 2013: $9,193,881Net Income 2013: $67,8752013Revenue 2014: $9,333,576Expenses 2014: $9,133,928Net Income 2014: $199,6482014Revenue 2015: $12,404,967Expenses 2015: $13,099,465Net Income 2015: -$694,4982015Revenue 2016: $33,386,023Expenses 2016: $17,829,788Net Income 2016: $15,556,2352016Revenue 2017: $20,334,291Expenses 2017: $11,938,556Net Income 2017: $8,395,7352017Revenue 2018: $14,360,864Expenses 2018: $10,738,044Net Income 2018: $3,622,8202018Revenue 2019: $13,158,624Expenses 2019: $13,492,097Net Income 2019: -$333,4732019Revenue 2020: $60,820,440Expenses 2020: $16,145,144Net Income 2020: $44,675,2962020Revenue 2021: $24,784,050Expenses 2021: $22,089,163Net Income 2021: $2,694,8872021Revenue 2022: $79,883,300Expenses 2022: $23,078,933Net Income 2022: $56,804,3672022Revenue 2023: $33,004,708Expenses 2023: $24,311,652Net Income 2023: $8,693,0562023Revenue 2024: $37,398,558Expenses 2024: $27,987,039Net Income 2024: $9,411,5192024

Highlighted filing

2024

Revenue$37,398,558
Expenses$27,987,039
Net Income$9,411,519

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$340$165$175$37.4$28.0$9.41
2023Detailed filing. Detailed filing data is available for this year.$297$133$165$33.0$24.3$8.69
2022Detailed filing. Detailed filing data is available for this year.$275$120$155$79.9$23.1$56.8
2021Detailed filing. Detailed filing data is available for this year.$222$119$102$24.8$22.1$2.69
2020Detailed filing. Detailed filing data is available for this year.$210$112$98.0$60.8$16.1$44.7
2019Detailed filing. Detailed filing data is available for this year.$124$72.8$51.3$13.2$13.5$0.33
2018Detailed filing. Detailed filing data is available for this year.$109$55.2$54.1$14.4$10.7$3.62
2017Detailed filing. Detailed filing data is available for this year.$103$52.0$51.5$20.3$11.9$8.40
2016Detailed filing. Detailed filing data is available for this year.$79.3$22.0$57.3$33.4$17.8$15.6
2015Detailed filing. Detailed filing data is available for this year.$95.3$53.8$41.5$12.4$13.1$0.69
2014Detailed filing. Detailed filing data is available for this year.$94.0$52.8$41.2$9.33$9.13$0.20
2013Detailed filing. Detailed filing data is available for this year.$64.5$23.7$40.8$9.26$9.19$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.3$23.9$40.4$8.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$62.6$23.9$38.7$8.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$45,673,624
Mission and Program Overview

Mission

Jamboree housing corporation delivers high quality affordable housing and services that transform lives and strengthen communities.

Jamboree delivers high quality affordable housing and services that transform lives and strengthen communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$134,709,985$144,892,940▲ $10,182,955
Other Notes and Loans Receivable, Net$46,309,341$50,178,694▲ $3,869,353
Accounts Receivable$42,598,650$41,939,736▼ $658,914
Investments in Publicly Traded Securities$12,658,217$19,907,253▲ $7,249,036
Cash and Non-Interest-Bearing Accounts$2,467,516$9,038,531▲ $6,571,015
Savings and Temporary Cash Investments$13,316,530$2,773,994▼ $10,542,536
Intangible Assets$40,167$449,546▲ $409,379
Prepaid Expenses and Deferred Charges$70,859$0▼ $70,859
Investments Program Related$-3,246,240$-1,156,142▲ $2,090,098
Total Assets$297,389,553$340,278,531▲ $42,888,978
Other Assets Total$48,464,528$72,253,979▲ $23,789,451
Liabilities
Mortgage Notes Payable Secured by Investment Property$78,818,080$102,485,856▲ $23,667,776
Other Liabilities$42,122,673$43,600,387▲ $1,477,714
Deferred Revenue$7,567,610$9,523,223▲ $1,955,613
Accounts Payable and Accrued Expenses$4,017,439$9,223,131▲ $5,205,692
Total Liabilities$132,525,802$164,832,597▲ $32,306,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$159,610,075$171,320,832▲ $11,710,757
Net Assets With Donor Restrictions$5,253,676$4,125,102▼ $1,128,574
Total Net Assets Fund Balance$164,863,751$175,445,934▲ $10,582,183
Total Liabilities and Net Assets / Fund Balance$297,389,553$340,278,531▲ $42,888,978

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$104,336,297$17,234,232$121,570,529
Leasehold Improvements$18,124,296$2,546,017$20,670,313
Equipment$8,949,881$4,702,751$13,652,632
Land$13,482,466-$13,482,466
Other Assets Org$32,498,377--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura ArchuletaPresident & CEOFT$543,450$123,360$666,810
Michael MassieChief Development OfficerFT$474,589$104,827$579,416
Thomas HodginSenior Director, ConstructFT$249,998$197,911$447,909
Patricia KellySVP, Housing DevelopmentFT$326,392$41,366$367,758
Mark SchultzChief Financial OfficerFT$287,805$38,448$326,253
Victoria RodriguezVice President, DevelopmenFT$258,839$54,746$313,585
Natalie ReiderSenior Vice PresidentFT$244,221$53,801$298,022
Roger KinoshitaVice President, AcquisitionsFT$235,120$52,925$288,045
Gene HuaSenior Director, Asset ManFT$173,980$107,942$281,922
Marc ChasmanDirectorFT$254,127$24,953$279,080
Karen HammondVice President, Human ResourcesFT$227,059$42,328$269,387
James FoxControllerFT$219,147$43,656$262,803
Katherine McfaddenVice President, Northern CaliforniaFT$214,896$39,593$254,489
Daniel MaloneyDirector, ConstructionFT$204,529$45,883$250,412
Richard HaddockDirector, ConstructionFT$206,095$37,478$243,573
Casey HarrisDirectorFT$208,705$33,807$242,512
Talesha PayneVice PresidentFT$127,453$110,993$238,446
Eden Negash-powellDirectorFT$198,038$35,052$233,090
Kelsey BrewerVice President, Business DevelopmentFT$185,397$25,753$211,150
Riddhi ChakrabortyDirectorFT$181,661$22,939$204,600
Jaqueline MartinezVice PresidentFT$133,915$1,009$134,924

Board Members and Trustees

NameTitle
Mary Lynn CoffeeChair
Perica BellVice Chair
Carlos LeijaVice President
Dianna NoethVice President, Asset Management
David WoodDirector
HELEN O'SULLIVANDirector
Kerry VandellDirector
Linda JlasisterDirector
Pamela L SapettoDirector
Patrick D Mccalla EsqDirector
Susan JhardenDirector
Cesar CovarrubiasSecretary
Mark HooverTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Rutan & Tucker LLPLegal Services611 ANTON BOULEVARD SUITE 100, Costa Mesa, CA 92628$484,190
Revenue and Support

Revenue Composition

Contributions and Grants
$1,786,877
Program Service Revenue
$34,744,438
Investment Income
$867,243
Other Revenue
$0
All Other Contributions
$875,030
Change in Net Assets
$9,411,519

Audited Revenue Reconciliation

Revenue per Audited Statements
$37,398,558
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,170,664
Total Revenue per Audited Statements
$38,569,222
Total Revenue per Form 990
$37,398,558
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$19,406,317
Salaries, Compensation, and Employee Benefits$8,336,212
Total Fundraising Expense$250,087
Grants and Similar Amounts Paid$244,510
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$4,696,458$997,997$176,117$5,870,572
Depreciation Depletion$4,914,134--$4,914,134
Interest$2,353,776--$2,353,776
Other Salaries and Wages$967,429$205,579$36,279$1,209,287
Fees for Services Other$908,978$227,244-$1,136,222
Office Expenses$784,842$196,211-$981,053
Other Employee Benefits$455,243$96,739$17,072$569,054
All Other Expenses$476,340$68,599-$544,939
Payroll Taxes$379,954$80,740$14,248$474,942
Fees for Services Legal$263,436$65,859-$329,295
Other Expenses$214,204$53,551-$267,755
Grants to Domestic Orgs$244,510--$244,510
Pension Plan Contributions$169,885$36,101$6,371$212,357
Fees for Services Accounting$134,652$33,663-$168,315
Travel$118,666$29,667-$148,333
Insurance$108,980$27,245-$136,225
Information Technology$95,755$23,939-$119,694
Advertising-$86,670-$86,670
Conferences and Meetings$58,446$14,612-$73,058
Total Functional Expenses$25,426,274$2,310,678$250,087$27,987,039

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$27,987,040
Total Expenses per Audited Statements$27,987,040
Total Expenses per Form 990$27,987,040
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Housing With Heart IncIrvine, CA501(c)(3)Program Services Support$170,000
California Homebuilding FoundationSacramento, CA501(c)(3)Program Services Support$25,000
Californians for Safe Affordable Communities--Program Services Support$25,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Share of Deficiency in Investments of Partnerships$30,591,980
Line of Credit$7,990,052
Deferred Developer Fee$2,546,341
Accrued Interest$1,104,783
Capital Lease Obligation$670,134
Security Deposits$667,960
Other Long Term Liability$29,137
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The board of directors via its tax committee reviews and approves form 990 prior to filing and the treasurer signs the form. A copy of the form is given to all members of the governing board.

Form 990, Part VI, Section B, Line 12C

The board of directors, officers, members of committees with governing board delegated powers, and staff identify situations that present potential conflicts of interest and they follow procedures to determine whether a transaction may be approved and treated as valid even though a conflict of interest may exist.

Form 990, Part VI, Section B, Line 15

The organization strives to provide compensation that is competitive, using consistent and equitable pay practices and policies. These practices and policies enable the organization to attract and retain quality employees and to meet the charitable objectives. The organization's compensation strategy is based on balancing competitiveness in the employment market with funding levels and other economic forces affecting non-profit organizations. The organization utilizes established public compensation surveys to obtain compensation and benefit data which it uses to annually evaluate and ensure competitiveness with comparable organizations for functionally similar positions. The board of directors or its designee establishes salary ranges for highly compensated individuals annually based on the compensation data obtained from public surveys. The human resources department establishes salary ranges for all other positions annually. The salary ranges shall be set based on public compensation surveys with comparable organizations for functionally similar positions. The president or cfo, as part of the organization's annual budgeting process, establishes individual salaries/wages and ensures that an individual's total budgeted cash compensation or base pay will not exceed the approved salary range. The board of directors or its designee approves the base pay for all highly compensated individuals as defined by the irs.

Form 990, Part VI, Section C, Line 19

Audited financial statements and all other documents are copied and provided to interested persons upon request.

Filing and Contact Details

Filer

Filer Name
Jamboree Housing Corporation
EIN
33-0413518
Phone
9492638676
Address
17701 COWAN AVENUE 200, IRVINE, CA 92614

Signing Officer

Name
HELEN O'SULLIVAN
Title
Treasurer
Phone
9492638676
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Schultz
Formed
1990
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
14
Employees
176
Volunteers
30

Preparer

Firm
Novogradac & Company Llp
Address
1435 N MCDOWELL BLVD SUITE 350, PETALUMA, CA 94954
Preparer
Lance Smith
Phone
4152236130
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit committee assumes the responsibility for the oversight of the audit of its financial statements and the selection of the independent accountant.

FORM 990, PART XI, LINE 5, CHANGES IN NET ASSETS:

Net unrealized gain on investments: 1,170,664

Financial Statement Notes

PART X, LINE 2:

The preparation of financial statements in accordance with accounting principles generally accepted in the united states of america requires the corporation to report information regarding its exposure to various tax positions taken by the corporation. The corporation has determined whether any tax positions have met the recognition threshold and has measured the corporation's exposure to those tax positions. Management believes that the corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal tax authorities generally have the right to examine and audit the previous three years of tax returns filed. California tax authorities generally have the right to examine and audit the previous four years of tax returns filed. Any interest or penalties assessed to the corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt13SVP, HOUSING DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SENIOR VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT, ACQUISITIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt17VICE PRESIDENT, HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT, NORTHERN CALIFORNIA
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT, BUSINESS DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt21VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE PRESIDENT, ASSET MANAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt25VICE PRESIDENT, DEVELOPMEN
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR, CONSTRUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR, CONSTRUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31VICE PRESIDENT
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IRS990/MissionDesc0JAMBOREE HOUSING CORPORATION DELIVERS HIGH QUALITY AFFORDABLE HOUSING AND SERVICES THAT TRANSFORM LIVES AND STRENGTHEN COMMUNITIES.

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