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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.6M
-15.3% YoY
Annual Giving
$500K
Grant Count
1
Avg Grant Size
$500K
About Santa Cruz Apartments Inc
Based on IRS filings
Santa Cruz Apartments Inc is a nonprofit organization focused on Housing & Shelter, based in PHOENIX, AZ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 1 grants totaling $500K. Net investment income was $974.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,630,053 | $1,925,440 | $1,778,171 |
| Revenue | $1,383,885 | $1,286,774 | $1,189,541 |
| Expenses | $1,619,670 | $1,114,511 | $966,336 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $974 | $1,372 | $603 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Chicanos Por La Causa Inc ($500,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHICANOS POR LA CAUSA INC PHOENIX, AZ | GENERAL SUPPORT OF RELATED ORGANIZATION THAT HAS A SIMILAR EXEMPT PURPOSE OF PROVIDING AFFORDABLE HOUSING | $500,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALICIA NUNEZ | CHAIRMAN | 0.5 | — |
| MAX GONZALES | SECRETARY | 0.5 | — |
| PATRICIA DUARTE | VICE CHAIRMAN | 0.5 | — |
| JESSE SATTERLEE | TREASURER | 0.5 | — |
| JOSE MARTINEZ | PRESIDENT | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Santa Cruz Apartments Inc?
Santa Cruz Apartments Inc is a nonprofit organization focused on Housing & Shelter, based in PHOENIX, AZ. It holds $1.6M in total assets as of 2025.
How large is Santa Cruz Apartments Inc?
As of 2025, Santa Cruz Apartments Inc holds $1.6M in total assets with $1.4M in annual revenue. It awarded 1 grants totaling $500K in 2025.
Where does Santa Cruz Apartments Inc operate?
Santa Cruz Apartments Inc has awarded grants in Arizona.
What size grants does Santa Cruz Apartments Inc award?
In 2025, Santa Cruz Apartments Inc awarded 1 grants totaling $500K — an average of about $500K per grant, based on its IRS Form 990 filings.
What is Santa Cruz Apartments Inc's EIN?
Santa Cruz Apartments Inc's EIN (Employer Identification Number) is 86-0712873. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.