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.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Housing & Shelter organizations nationwide.
| Position | Total |
|---|---|
Chairman/treasurer Officer (Unspecified) | $32k $34k |
Secretary Officer (Unspecified) | $24k $26k |
Chairman Board Chair 25th percentile to median | $20k $21k |
President 10th to 25th percentilevs Housing & Shelter peers in Arizona | $13k $13k |
Executive Vice President Below 10th percentile | $11k $12k |
CFO Below 10th percentile | $481 $511 |
Teal figures restate each filed amount in 2026 dollars.
Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2023, the highest total compensation at SANTA CRUZ APARTMENTS INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
Based on 7,888 housing & shelter organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 17%
from 2022
From $28k in 2022 to $32k in 2023.
Estimated with Phoenix-Mesa-Scottsdale, AZ metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.
Board Chair pay fell 5% from 2022 to 2023, while revenue rose 8%.
- Chief Financial Officer pay fell 98% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SANTA CRUZ APARTMENTS INC
What does the Board Chair of SANTA CRUZ APARTMENTS INC earn?
In 2023, the Board Chair of SANTA CRUZ APARTMENTS INC received $19,918 in total compensation. This pay is below the median (the midpoint) for Board Chair roles among Housing & Shelter organizations nationwide, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Board Chair pay at SANTA CRUZ APARTMENTS INC compare with similar nonprofits?
Compared with the same role at Housing & Shelter organizations nationwide, the 2023 pay of the Board Chair at SANTA CRUZ APARTMENTS INC falls between the 25th percentile and the median. In 2023, the highest total compensation at SANTA CRUZ APARTMENTS INC equaled 3% of the organization's total expenses. The median for housing & shelter organizations is 7%.
What are SANTA CRUZ APARTMENTS INC's revenue and expenses?
In 2023, SANTA CRUZ APARTMENTS INC reported $1.3M in total revenue and $1.1M in total expenses on its IRS Form 990.
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