Civic Intelligence

Irvine Community Land Trust

990 • Fiscal year 2016 • EIN 20-4773159

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 31, 2016

Organization Profilewww.irvineclt.org
1 Civic Center Plaza 3rd FloorIrvine, CA 92606

(949) 724-7388

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

4th percentile

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

99th percentile

96%

Higher net margin than 99% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

98th percentile

112%

Faster asset growth than 98% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

100th percentile

2453%

Faster revenue growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets4th percentile

Assets

Up

$32,839,795

Up $17,319,129 (+112%) from 2015

Net Assets

Up

$32,811,817

Up $17,325,655 (+112%) from 2015

Liabilities

Down

$27,978

Down $6,526 (-19%) from 2015

Revenue And Expenses
Liabilities / Revenue4th percentileNet Margin99th percentile

Revenue

Up

$9,365,391

Up $8,998,561 (+2453%) from 2015

Expenses

Up

$389,736

Up $107,791 (+38%) from 2015

Net Income

Up

$8,975,655

Up $8,890,770 (+10474%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2010: $4,696,952Liabilities 2010: $1,431,180Net Assets 2010: $3,265,7722010Assets 2011: $6,630,111Liabilities 2011: $6,618,496Net Assets 2011: $11,6152011Assets 2012: $5,873,110Liabilities 2012: $5,834,052Net Assets 2012: $39,0582012Assets 2013: $12,011,513Liabilities 2013: $3,282,223Net Assets 2013: $8,729,2902013Assets 2014: $13,085,259Liabilities 2014: $4,540,900Net Assets 2014: $8,544,3592014Assets 2015: $15,520,666Liabilities 2015: $34,504Net Assets 2015: $15,486,1622015Assets 2016: $32,839,795Liabilities 2016: $27,978Net Assets 2016: $32,811,8172016Assets 2017: $53,020,092Liabilities 2017: $56,533Net Assets 2017: $52,963,5592017Assets 2018: $54,491,316Liabilities 2018: $24,945Net Assets 2018: $54,466,3712018Assets 2019: $66,643,725Liabilities 2019: $3,075,351Net Assets 2019: $63,568,3742019Assets 2020: $76,437,340Liabilities 2020: $125,325Net Assets 2020: $76,312,0152020Assets 2021: $85,202,107Liabilities 2021: $5,393,018Net Assets 2021: $79,809,0892021Assets 2022: $77,686,566Liabilities 2022: $1,133,883Net Assets 2022: $76,552,6832022Assets 2023: $77,740,372Liabilities 2023: $25,713Net Assets 2023: $77,714,6592023Assets 2024: $81,625,114Liabilities 2024: $63,890Net Assets 2024: $81,561,2242024Assets 2025: $106,365,603Liabilities 2025: $23,839,892Net Assets 2025: $82,525,7112025

Highlighted filing

2016

Assets$32,839,795
Liabilities$27,978
Net Assets$32,811,817
Open 2016 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $272,7102010Expenses 2011: $2,058,3332011Revenue 2012: $1,103,830Expenses 2012: $1,076,387Net Income 2012: $27,4432012Expenses 2013: $2,026,3642013Revenue 2014: $1,460,130Expenses 2014: $1,645,061Net Income 2014: -$184,9312014Revenue 2015: $366,830Expenses 2015: $281,945Net Income 2015: $84,8852015Revenue 2016: $9,365,391Expenses 2016: $389,736Net Income 2016: $8,975,6552016Revenue 2017: $3,044,877Expenses 2017: $3,505,487Net Income 2017: -$460,6102017Revenue 2018: $2,286,019Expenses 2018: $783,207Net Income 2018: $1,502,8122018Revenue 2019: $10,054,260Expenses 2019: $952,256Net Income 2019: $9,102,0042019Revenue 2020: $13,587,270Expenses 2020: $843,629Net Income 2020: $12,743,6412020Revenue 2021: $4,180,508Expenses 2021: $683,434Net Income 2021: $3,497,0742021Revenue 2022: $1,157,101Expenses 2022: $4,413,507Net Income 2022: -$3,256,4062022Revenue 2023: $2,078,400Expenses 2023: $916,424Net Income 2023: $1,161,9762023Revenue 2024: $2,280,659Expenses 2024: $800,434Net Income 2024: $1,480,2252024Revenue 2025: $2,405,894Expenses 2025: $1,441,407Net Income 2025: $964,4872025

Highlighted filing

2016

Revenue$9,365,391
Expenses$389,736
Net Income$8,975,655
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 31, 2016
Return Version
2015v2.0
Gross Receipts
$9,365,391
Mission and Program Overview

Mission

To lessen the burdens of government by, among other things, developing, constructing, financing, managing, selling, renting, subsidizing, and monitoring single and multi-family housing, and by holding in-perpetutiy, land and assets for affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$15,486,162$32,811,817▲ $17,325,655
Land, Buildings, and Equipment, Net$2,098,231$18,280,952▲ $16,182,721
Other Notes and Loans Receivable, Net$4,721,779$4,766,795▲ $45,016
Investments Program Related$4,560,509$0▼ $4,560,509
Investments in Publicly Traded Securities-$4,483,891-
Savings and Temporary Cash Investments$3,131,204$3,636,031▲ $504,827
Cash and Non-Interest-Bearing Accounts$957,189$1,538,750▲ $581,561
Prepaid Expenses and Deferred Charges$17,990$20,000▲ $2,010
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$15,520,666$32,839,795▲ $17,319,129
Other Assets Total$33,764$113,376▲ $79,612
Liabilities
Accounts Payable and Accrued Expenses$26,867$19,241▼ $7,626
Other Liabilities$7,637$8,737▲ $1,100
Total Liabilities$34,504$27,978▼ $6,526
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,486,162$32,811,817▲ $17,325,655
Total Liabilities and Net Assets / Fund Balance$15,520,666$32,839,795▲ $17,319,129

Asset Categories

AssetBook ValueDepreciationBasis
Land$16,000,000-$16,000,000
Buildings$2,280,952$387,494$2,668,446
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Mary Ann GaidoPresident/chair
Christina SheaVice-chair Pres
Bryan StarrDirector
Leon NapperDirector
Patrick StraderDirector
Mark AsturiasExec Director
Beth KromSecretary
Nancy DonnellyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$7,655,948
Program Service Revenue
$601,309
Investment Income
$166,057
Other Revenue
$942,077
Change in Net Assets
$8,975,655
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$350,512
Salaries, Compensation, and Employee Benefits$39,224
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$121,778--$121,778
Depreciation Depletion$88,194--$88,194
Fees for Services Legal-$49,934-$49,934
Other Salaries and Wages$39,224--$39,224
All Other Expenses$15,334$1,109-$16,443
Travel-$9,055-$9,055
Other Expenses$4,575--$4,575
Insurance-$2,081-$2,081
Office Expenses-$868-$868
Advertising-$386-$386
Total Functional Expenses$326,303$63,433$0$389,736
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deposits Payable$8,737
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“The organization uses a management company for the management of the rental portfolio. The city of irvine also provides the staff to manage the land trust.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“The city of irvine has the authority to appoint two of the organization's seven directors. All projects undertaken by the organization must be approved by at least one of the directors that was appointed by the city of irvine.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“The city of irvine has the authority to appoint two of the organization's eight directors. All projects undertaken by the organization must be approved by at least one of the directors that was appointed by the city of irvine.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The organization's executive director and accountant review the form 990 and related schedules. The financials and information returns are presented to the board of directors.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization identifies any potential compliance issues whenever projects or expenditures require board or officer action. Consultation occurs with legal counsel to review policy and to address compliance with policy as it relates to that specific activity.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The city of irvine's city council approves, on an annual basis, the budgeted salaries and benefits of all city employees, including the salaries of the irvine community land trust executive director and employees.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes its governing documents, policies and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Irvine Community Land Trust
EIN
20-4773159
Phone
9497247388
Address
1 CIVIC CENTER PLAZA 3RD FLOOR, IRVINE, CA 92606

Signing Officer

Name
Mark Asturias
Title
Executive Director
Signed
2016-10-31
Discuss with paid preparer
Yes

Organization Details

Formed
2006
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
7
Employees
0

Preparer

Firm
Robert S Borish CPA Inc
Address
6 VENTURE STE 120, IRVINE, CA 92618-7381
Preparer
Robert S Borish CPA
Phone
9499515002
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

“Land donated by city of irvine in 2015 = $8350000”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0TO LESSEN THE BURDENS OF GOVERNMENT BY, AMONG OTHER THINGS, DEVELOPING, CONSTRUCTING, FINANCING, MANAGING, SELLING, RENTING, SUBSIDIZING, AND MONITORING SINGLE AND MULTI-FAMILY HOUSING, AND BY HOLDING IN-PERPETUTIY, LAND AND ASSETS FOR AFFORDABLE HOUSING.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt032811817
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0868
IRS990/OfficeExpensesGrp/TotalAmt0868
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt033764
IRS990/OtherAssetsTotalGrp/EOYAmt0113376
IRS990/OtherChangesInNetAssetsAmt08350000
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0HOA DUES
IRS990/OtherExpensesGrp/Desc1INTERIOR RENOVATION
IRS990/OtherExpensesGrp/Desc2MANAGEMENT FEES
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt032250
IRS990/OtherExpensesGrp/ProgramServicesAmt114848
IRS990/OtherExpensesGrp/ProgramServicesAmt210100
IRS990/OtherExpensesGrp/ProgramServicesAmt34575
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IRS990/OtherExpensesGrp/TotalAmt114848
IRS990/OtherExpensesGrp/TotalAmt210100
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0LAWSUIT SETTLEMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0942077
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IRS990/OtherRevenueTotalAmt0942077
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IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04721779
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04766795
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IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020000
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0GROUND LEASE FEE
IRS990/ProgramServiceRevenueGrp/Desc1RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0505576
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt195733
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0505576
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt195733
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt012500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt066973
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0237811
IRS990/PYOtherRevenueAmt0195818
IRS990/PYProgramServiceRevenueAmt091539
IRS990/PYRevenuesLessExpensesAmt084885
IRS990/PYSalariesCompEmpBnftPaidAmt044134
IRS990/PYTotalExpensesAmt0281945
IRS990/PYTotalRevenueAmt0366830
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08975655
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt015486162
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt032811817
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03131204
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03636031
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0952759391
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt07655948
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CITY OF IRVINE
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt07655948
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02280952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0387494
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02668446
IRS990ScheduleD/LandGrp/BookValueAmt016000000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08737
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018280952
IRS990ScheduleD/TotalLiabilityAmt08737
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION USES A MANAGEMENT COMPANY FOR THE MANAGEMENT OF THE RENTAL PORTFOLIO. THE CITY OF IRVINE ALSO PROVIDES THE STAFF TO MANAGE THE LAND TRUST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CITY OF IRVINE HAS THE AUTHORITY TO APPOINT TWO OF THE ORGANIZATION'S SEVEN DIRECTORS. ALL PROJECTS UNDERTAKEN BY THE ORGANIZATION MUST BE APPROVED BY AT LEAST ONE OF THE DIRECTORS THAT WAS APPOINTED BY THE CITY OF IRVINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CITY OF IRVINE HAS THE AUTHORITY TO APPOINT TWO OF THE ORGANIZATION'S EIGHT DIRECTORS. ALL PROJECTS UNDERTAKEN BY THE ORGANIZATION MUST BE APPROVED BY AT LEAST ONE OF THE DIRECTORS THAT WAS APPOINTED BY THE CITY OF IRVINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S EXECUTIVE DIRECTOR AND ACCOUNTANT REVIEW THE FORM 990 AND RELATED SCHEDULES. THE FINANCIALS AND INFORMATION RETURNS ARE PRESENTED TO THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION IDENTIFIES ANY POTENTIAL COMPLIANCE ISSUES WHENEVER PROJECTS OR EXPENDITURES REQUIRE BOARD OR OFFICER ACTION. CONSULTATION OCCURS WITH LEGAL COUNSEL TO REVIEW POLICY AND TO ADDRESS COMPLIANCE WITH POLICY AS IT RELATES TO THAT SPECIFIC ACTIVITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CITY OF IRVINE'S CITY COUNCIL APPROVES, ON AN ANNUAL BASIS, THE BUDGETED SALARIES AND BENEFITS OF ALL CITY EMPLOYEES, INCLUDING THE SALARIES OF THE IRVINE COMMUNITY LAND TRUST EXECUTIVE DIRECTOR AND EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7LAND DONATED BY CITY OF IRVINE IN 2015 = $8350000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CITY OF IRVINE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0952759391
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MUNCIPAL GOVERNMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0ONE CIVIC CENTER PLAZA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0IRVINE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0926239575
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$32,839,795
Liabilities
$27,978
Net assets
$32,811,817
Revenue
$9,365,391
Expenses
$389,736
Net income
$8,975,655
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$106$23.8$82.5$2.41$1.44$0.96
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.6$0.06$81.6$2.28$0.80$1.48
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$77.7$0.03$77.7$2.08$0.92$1.16
2022Detailed filing. Detailed filing data is available for this year.$77.7$1.13$76.6$1.16$4.41$3.26
2021Detailed filing. Detailed filing data is available for this year.$85.2$5.39$79.8$4.18$0.68$3.50
2020Detailed filing. Detailed filing data is available for this year.$76.4$0.13$76.3$13.6$0.84$12.7
2019Detailed filing. Detailed filing data is available for this year.$66.6$3.08$63.6$10.1$0.95$9.10
2018Detailed filing. Detailed filing data is available for this year.$54.5$0.02$54.5$2.29$0.78$1.50
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$53.0$0.06$53.0$3.04$3.51$0.46
2016Detailed filing. Detailed filing data is available for this year.$32.8$0.03$32.8$9.37$0.39$8.98
2015Detailed filing. Detailed filing data is available for this year.$15.5$0.03$15.5$0.37$0.28$0.08
2014Detailed filing. Detailed filing data is available for this year.$13.1$4.54$8.54$1.46$1.65$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$3.28$8.73$2.03
2012Summary only. Only limited summary data is available for this year.$5.87$5.83$0.04$1.10$1.08$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.63$6.62$0.01$2.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$1.43$3.27$0.27