Many Mansions
- Company typePrivate
- Founded1979
- HeadquartersCalifornia, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Many Mansions does
Many Mansions is a 501(c)(3) nonprofit organization founded in 1979 in Thousand Oaks, California, that develops, owns, and operates affordable rental housing for very low-income residents of Southern California. The organization operates 22 communities encompassing over 840 housing units and serves more than 1,900 residents annually across Ventura County and Los Angeles County. Its resident base spans families, seniors (62+), veterans, individuals with disabilities, and people transitioning out of homelessness.
The organization pairs physical housing with on-site supportive services delivered through staff and a network of more than 345 community volunteers. Programs include case management and life-skills training, after-school homework tutoring, Camp Many Mansions (a six-week summer camp), the College & Career Program, the Vicky's Scholarship Fund ($176,350 awarded to 104 individuals over nine years), and weekly food pantries operated in partnership with Food Share of Ventura County. Specialized developments include Mountain View Apartments in Fillmore ($47M, 77 units, 2022), Summit View Apartments in Sylmar (48 veteran units, 2023, co-developed with LA Family Housing), and the planned Rancho Sierra Senior Apartments near Camarillo (50 units, 2024, using modular construction — the first such project in Ventura County).
Revenue is generated through a rent-to-income model in which residents pay approximately 30% of gross income, with the gap covered by Section 8 project-based vouchers; supplemented by federal Low-Income Housing Tax Credit equity, HUD funds, Community Development Block Grants, state and county funding, individual and corporate donations (including a Real Estate Alliance of real estate professionals donating $200 per closed escrow), special-event fundraising (Bowls of Hope), and earned media relationships. The organization is governed by an independent board, has no parent company or outside equity backing, and is led by President Rick Schroeder, EVP/COO Alexander Russell, and EVP Douglas Menges.
Many Mansions firmographics
Firmographics- Name
- Many Mansions
- Legal name
- Many Mansions
- Website
- https://manymansions.org
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Many Mansions industry classification
Industry- Product category
- Affordable Housing
- NAICS
- Lessors of Residential Buildings and Dwellings (531110), Residential Property Managers (531311), Lessors of Real Estate (5311), Lessors of Residential Buildings and Dwellings (53111)
- SIC
- Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531), Real Estate Operators (No Developers) & Lessors (6510)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industries
- Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA), Housing Voucher & Rental Assistance Programs (Tenant-Based/Project-Based) (FSALAKAI), Affordable Housing Property Management (BPAJAGAJ), Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Many Mansions is headquartered
LocationHeadquarters
- HQ city
- California
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Many Mansions business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Infrastructure, Personnel, Operations, Supply Chain, Marketing or Sales, Others
Revenue model
- Affordable Housing Rent: Residents pay rent equivalent to 30% of their income through a rent-to-income model, with remaining amounts covered by Section 8 vouchers. This provides stable, predictable rental income while ensuring affordability for very low-income residents.
- Government Grants and Tax Credits: Major funding sources include federal tax credits, state funding, HUD funds, Community Development Block Grants, and project-based voucher programs from housing authorities.
- Donations and Charitable Contributions: Individual donations, monthly giving programs (The Foundation Circle), stock/securities donations, legacy giving, donor advised funds, and IRA contributions support housing and service programs.
- Real Estate Alliance Membership: Real estate agents and home loan officers become members by donating $200 to Many Mansions at the close of each escrow. Membership provides marketing recognition and networking opportunities.
- Special Events and Fundraising: Annual events like Bowls of Hope raise awareness and funds. Corporate sponsorships and in-kind donations support programs.
- Vicky's Scholarship Fund: Scholarships awarded to residents pursuing education, funded by donor contributions and managed through the College & Career Program.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Income-Based Affordable Rent (30% of Income) |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Many Mansions product offering
Product offeringCore offering
Many Mansions develops, owns, and operates 22 communities of over 840 units of affordable rental housing across Ventura and Los Angeles counties, renting to low-income residents at 30% of their gross monthly income with Section 8 vouchers and project-based subsidies covering the gap. The organization pairs this housing with on-site supportive services including case management, life skills training, after-school tutoring, summer camp, college scholarships, and food pantries to help vulnerable residents achieve stability.
Product overview
Many Mansions operates as a non-profit affordable housing provider offering a portfolio of 22 housing communities with over 840 units, complemented by resident service programs. The core offering is affordable rental housing paired with supportive services including youth programs (Camp Many Mansions summer camp, Homework Tutoring Club), educational support (Vicky's Scholarship Fund, College & Career Program), food security (Food Pantry Program), and community events (Bowls of Hope). The Real Estate Alliance engages real estate professionals as donors. Services are delivered through direct staff operations and volunteer engagement across Ventura and Los Angeles counties.
Differentiator
Problem solved
Functional benefit
Brands
- Camp Many Mansions: A summer camp program providing educational and recreational activities for children residing in Many Mansions communities.
- Vicky's Scholarship Fund
- Real Estate Alliance
Products and services
- Affordable Housing Communities Affordable rental housing portfolio comprising 22 communities and 840+ units across Ventura and Los Angeles counties, serving low-income residents including families, seniors, veterans, disabled individuals, and formerly homeless persons at 30% of income with Section 8 voucher gap coverage.
- Supportive Services On-site services and programs for residents including case management, life skills training, healthcare connections, financial literacy, and government benefits navigation, designed to help residents achieve and maintain housing stability.
- Camp Many Mansions Six-week themed summer camp program for children residing in Many Mansions housing communities, intermixing traditional camp experience with swimming, off-site field trips, and educational activities designed to practice school-year skills.
- Youth Club / Homework Tutoring Club After-school program helping residents with homework, outdoor activities, literacy and math skills, and mentorship.
- Vicky's Scholarship Fund College and career scholarship program awarding educational grants to Many Mansions high school seniors and parents; $176,350 awarded to 104 individuals over nine years.
- College & Career Program Program supporting residents pursuing higher education and career advancement through educational resources, guidance, and scholarship access.
- Food Pantry Program Weekly fresh food pantry serving apartment communities in Camarillo and Thousand Oaks through food recovery efforts, with volunteer-assisted pick-ups, organization, and distribution.
- Bowls of Hope Community Event Annual community fundraising event raising awareness of homelessness issues while celebrating the organization's impact through community engagement.
- Real Estate Alliance Membership program for real estate agents and home loan officers who donate $200 per closed escrow to support affordable housing programs, receiving marketing recognition and networking opportunities in return.
Quantifiable outcome
- Over 1,900 vulnerable community members provided with stable housing and supportive services annually
- +3 more outcomes
Companies that use Many Mansions
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles8 records
Many Mansions technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Many Mansions partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and supporting.
- LA Family HousingcoreCo-development partnership for Summit View Apartments (48 units for formerly homeless veterans in Sylmar). Many Mansions and LA Family Housing partnered as co-developers to create permanent supportive housing for veterans experiencing homelessness, combining housing development expertise with supportive services.
- Veterans Administration (VA)corePartnership for veteran housing at Summit View Apartments providing access to VA benefits, healthcare services, and veteran-specific support programs for formerly homeless veteran residents.
- City of Los AngelescoreMunicipal partnership for affordable housing development including Summit View Apartments, with city providing funding, land use approvals, and policy support for veteran and homeless housing initiatives.
- Ventura County Behavioral HealthcoreCollaboration for Rancho Sierra Senior Apartments providing wraparound mental health services to senior residents. County provides mental health services while Many Mansions provides housing, creating integrated supportive housing for homeless and at-risk seniors.
- Area Housing Authority of the County of VenturacoreOngoing co-development partnership for affordable housing projects including Vista Campanario (67 units in Camarillo) and other developments. The housing authority provides land, project-based vouchers, and financing while Many Mansions handles development and property management.
- California Lutheran UniversitysupportingPartnership hosting volunteer appreciation events at Lundring Event Center. CLU students also serve as volunteers and interns for Many Mansions programs.
- Food Share of Ventura CountysupportingFood recovery partnership providing fresh food for Many Mansions' weekly food pantries in Camarillo and Thousand Oaks. Food is collected through recovery efforts and distributed to apartment communities through volunteer-run food pantries.
- Farmers InsurancesupportingCorporate volunteer group that participates in service projects at Many Mansions properties, providing employee volunteer hours for community improvement initiatives.
- Gonzalez Goodale Architects (GGA)supportingArchitecture firm that designed Summit View Apartments, creating the design and construction specifications for the 48-unit veteran housing complex overlooking Hansen Dam.
- LA Unified School District (LAUSD)supportingPartnership for Sun King Apartments providing housing preference for homeless families with children attending LAUSD schools, addressing student homelessness through coordinated housing and education support.
- Coldwell Banker, Re/Max One, Caliber Home Loans, eXp Realty, Aviara, Keller Williams, Sotheby's Realty, and other real estate firmssupportingReal Estate Alliance members including real estate agents and loan officers from major firms who donate $200 per closed escrow to Many Mansions and provide marketing support and networking opportunities.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Many Mansions competitors and assessment
Company assessmentDirect peers
- LA Family Housing: Major LA County nonprofit providing affordable housing and homeless services; Many Mansions' co-development partner on Summit View Apartments, sharing the same target residents, funding sources, and supportive-services model.
- Abode Communities: Southern California nonprofit affordable housing developer and operator serving low-income families, seniors, and previously homeless individuals — closely aligned mission, geography, and operating model.
- Skid Row Housing Trust: Los Angeles-based nonprofit that develops and operates permanent supportive housing for people experiencing homelessness — directly comparable to Many Mansions' supportive-housing model for vulnerable residents.
- BRIDGE Housing: Large California nonprofit affordable housing developer and operator; similar portfolio composition of multifamily affordable housing plus supportive services across urban and suburban markets.
- LINC Housing: Long-standing California nonprofit developing affordable and supportive housing with an emphasis on service-enriched communities for vulnerable residents — very similar operating approach and funding stack.
- PATH Ventures: California-focused nonprofit developing affordable and supportive housing for people experiencing homelessness, with very similar service-enriched operating model and reliance on LIHTC and county funding.
- EAH Housing: California-based nonprofit affordable housing provider managing thousands of units of multifamily affordable and supportive housing — comparable scale, geography, and resident mix to Many Mansions.
Broad incumbents
- Mercy Housing: One of the largest national nonprofit affordable housing developers, operating across multiple states with similar service-enriched mission; larger scale and broader geographic footprint than Many Mansions.
- Enterprise Community Partners: National nonprofit that develops and finances affordable housing and community development projects; comparable LIHTC-financed operating model but at much larger scale and broader scope.
Regional players
- Habitat for Humanity of Ventura County: Regional Habitat affiliate operating in Many Mansions' primary geography with a comparable mission of providing affordable housing to low-income households, though focused on homeownership rather than rental.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Many Mansions social profiles
Digital presenceMany Mansions compliance and trust
Trust signalCompliance3 records
Many Mansions financial estimates
Financial estimateRevenue estimate
Valuation estimate
Many Mansions leadership team
Management profileNumber of profiles
Profiles6 records
Many Mansions funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Many Mansions M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Many Mansions
What does Many Mansions do?
Many Mansions develops, owns, and operates 22 communities of over 840 units of affordable rental housing across Ventura and Los Angeles counties, renting to low-income residents at 30% of their gross monthly income with Section 8 vouchers and project-based subsidies covering the gap. The organization pairs this housing with on-site supportive services including case management, life skills training, after-school tutoring, summer camp, college scholarships, and food pantries to help vulnerable residents achieve stability.
Is Many Mansions a public or private company?
Many Mansions is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Many Mansions founded?
Many Mansions was founded in 1979. It employs 101 to 250 people.
Where is Many Mansions based?
Many Mansions is headquartered in California, United States, in the North America region.
How does Many Mansions make money?
Six revenue lines are on record. Affordable Housing Rent is the primary driver. The others are government Grants and Tax Credits, donations and Charitable Contributions, real Estate Alliance Membership, special Events and Fundraising and vicky's Scholarship Fund.
Who are Many Mansions's main competitors?
Direct peers on record are LA Family Housing, Abode Communities, Skid Row Housing Trust, BRIDGE Housing, LINC Housing, PATH Ventures and EAH Housing. Broad incumbents are Mercy Housing and Enterprise Community Partners. Habitat for Humanity of Ventura County is listed as a regional player.
Does Many Mansions have an API?
No public API is recorded for Many Mansions.
What industry is Many Mansions in?
Many Mansions's product category is Affordable Housing. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8), with a secondary code of BPAIANAA, Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing). Its NAICS code is 531110 and its SIC code is 6513.