Civic Intelligence

The Salvation Army Riverside Residences Inc

EIN 33-0399717 • 501(c)3 • Rancho Palos Verdes, CA

Profile

The salvation army riverside residences inc is a non-profit apartment complex that provides subsidized housing to low income elderly or handicapped persons.

30840 Hawthorne BlvdRancho Palos Verdes, CA 90275
Siviq Scores

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

Liabilities / Assets

66th percentile

0.19x

Higher debt load relative to assets than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

0.79x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-6.2%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$323,220

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 43.8% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

30th percentile

-2.7%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

44th percentile

4.2%

Faster revenue growth than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$3,141,978

Down $87,301 (-2.7%) from 2023

Liabilities

Down

$585,322

Down $41,174 (-6.6%) from 2023

Net Assets

Down

$2,556,656

Down $46,127 (-1.8%) from 2023

Revenue

Up

$738,445

Up $29,540 (+4.2%) from 2023

Expenses

Up

$784,572

Up $15,620 (+2.0%) from 2023

Net Income

Up

-$46,127

Up $13,920 (+23%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2016: $3,800,535Liabilities 2016: $594,641Net Assets 2016: $3,205,8942016Assets 2017: $3,657,501Liabilities 2017: $558,919Net Assets 2017: $3,098,5822017Assets 2018: $3,615,899Liabilities 2018: $604,742Net Assets 2018: $3,011,1572018Assets 2019: $3,564,733Liabilities 2019: $646,209Net Assets 2019: $2,918,5242019Assets 2020: $3,423,447Liabilities 2020: $607,011Net Assets 2020: $2,816,4362020Assets 2021: $3,355,108Liabilities 2021: $599,887Net Assets 2021: $2,755,2212021Assets 2022: $3,321,106Liabilities 2022: $658,276Net Assets 2022: $2,662,8302022Assets 2023: $3,229,279Liabilities 2023: $626,496Net Assets 2023: $2,602,7832023Assets 2024: $3,141,978Liabilities 2024: $585,322Net Assets 2024: $2,556,6562024

Highlighted filing

2024

Assets$3,141,978
Liabilities$585,322
Net Assets$2,556,656

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $862,462Expenses 2016: $616,655Net Income 2016: $245,8072016Revenue 2017: $596,346Expenses 2017: $703,658Net Income 2017: -$107,3122017Revenue 2018: $597,787Expenses 2018: $685,212Net Income 2018: -$87,4252018Revenue 2019: $625,925Expenses 2019: $718,558Net Income 2019: -$92,6332019Revenue 2020: $637,286Expenses 2020: $739,374Net Income 2020: -$102,0882020Revenue 2021: $645,107Expenses 2021: $706,322Net Income 2021: -$61,2152021Revenue 2022: $665,034Expenses 2022: $757,425Net Income 2022: -$92,3912022Revenue 2023: $708,905Expenses 2023: $768,952Net Income 2023: -$60,0472023Revenue 2024: $738,445Expenses 2024: $784,572Net Income 2024: -$46,1272024

Highlighted filing

2024

Revenue$738,445
Expenses$784,572
Net Income-$46,127

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 8, 2025
Return Version
2023v6.0
Gross Receipts
$738,445
Mission and Program Overview

Mission

The salvation army riverside residences inc is a non-profit apartment complex that provides subsidized housing to low income elderly or handicapped persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,224,854$2,101,690▼ $123,164
Savings and Temporary Cash Investments$891,662$944,057▲ $52,395
Cash and Non-Interest-Bearing Accounts$112,763$96,231▼ $16,532
Total Assets$3,229,279$3,141,978▼ $87,301
Liabilities
Unsecured Notes Loans Payable$455,820$455,820→ $0
Accounts Payable and Accrued Expenses$135,966$100,641▼ $35,325
Other Liabilities$20,990$22,001▲ $1,011
Mortgage Notes Payable Secured by Investment Property$13,720$6,860▼ $6,860
Total Liabilities$626,496$585,322▼ $41,174
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,519,467$2,473,340▼ $46,127
Net Assets With Donor Restrictions$83,316$83,316→ $0
Total Net Assets Fund Balance$2,602,783$2,556,656▼ $46,127
Total Liabilities and Net Assets / Fund Balance$3,229,279$3,141,978▼ $87,301

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,317,803$3,701,126$5,018,929
Land$766,000-$766,000
Equipment$17,887$130,384$148,271
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kelly PontslerTreasurer$102,169$102,169
Eddie VincentVP$90,938$90,938
Genevera VincentDirector$90,938$90,938
Ivan WildDirector$82,670$82,670
Jennifer WildDirector$82,670$82,670

Board Members and Trustees

NameTitle
Kenneth HodderChairman
Douglas RileyPresident
Colleen RileyDirector
Debbie LumDirector
Philip LumDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$400,133
Program Service Revenue
$300,886
Investment Income
$37,426
Other Revenue
$0
Change in Net Assets
$-46,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$738,445
Total Revenue per Audited Statements
$738,445
Total Revenue per Form 990
$738,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$602,420
Salaries, Compensation, and Employee Benefits$182,152
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$277,189--$277,189
Depreciation Depletion$142,168--$142,168
Other Salaries and Wages$129,563--$129,563
Fees for Services Management-$66,600-$66,600
Insurance$47,160--$47,160
Office Expenses$43,299--$43,299
Other Employee Benefits$43,129--$43,129
Fees for Services Accounting-$10,350-$10,350
Payroll Taxes$9,460--$9,460
Conferences and Meetings$2,625--$2,625
Other Expenses$1,008$11,700-$1,008
Fees for Services Legal-$122-$122
Total Functional Expenses$695,800$88,772$0$784,572

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$784,572
Total Expenses per Audited Statements$784,572
Total Expenses per Form 990$784,572
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
Security Deposits Payable$22,001
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Some officers are related by marriage.

Committee meeting documentation Part VI line 8B

No committees act on behalf of the governing body.

Form 990 governing body review Part VI line 11

The tax returns are reviewed by the legal department prior to filing.

Conflict of interest policy compliance Part VI line 12C

The internal audit department reviews for compliance with confilct of interest policy.

CEO executive director top management comp Part VI line 15A

All officers and directors are compensated by a related organization. (the salvation army western territory) compensation is determined based on years of experience and is reviewed and approved by national headquarters.

Other officer or key employee compensation Part VI line 15B

All officers and directors are compensated by a related organization. (the salvation army western territory) compensation is determined based on years of experience and is reviewed and approved by national headquarters.

Governing documents etc available to public Part VI line 19

The organization makes it governing documents available to the public upon request and approval by the board of directors.

Filing and Contact Details

Filer

Filer Name
The Salvation Army Riverside Residences Inc
EIN
33-0399717
Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA 90275

Signing Officer

Name
Kelly Pontsler
Title
Treasurer
Phone
5624918775
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Riley
Formed
1989
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
5

Preparer

Firm
Freeman & Freeman CPAs
Address
2808 E Katella Avenue Ste 200, Orange, CA 92867
Preparer
Mark Freeman
Phone
7149748143
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IRS990/PYRevenuesLessExpensesAmt0-60047
IRS990/PYSalariesCompEmpBnftPaidAmt0143784
IRS990/PYTotalExpensesAmt0768952
IRS990/PYTotalRevenueAmt0708905
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-46127
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0738445
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0891662
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0944057
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0400133
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0418639
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0425560
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0405653
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0397803
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02047788
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02945
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05832
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt076948
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01275279
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96380
IRS990ScheduleA/PublicSupportPY170Pct00.97610
IRS990ScheduleA/PublicSupportTotal170Amt02047788
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0400133
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0418639
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0425560
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0405653
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0397803
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02047788
IRS990ScheduleA/TotalSupportAmt02124736
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01317803
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03701126
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05018929
IRS990ScheduleD/EquipmentGrp/BookValueAmt017887
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0130384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0148271
IRS990ScheduleD/ExpensesSubtotalAmt0784572
IRS990ScheduleD/LandGrp/BookValueAmt0766000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0766000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022001
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0738445
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02101690
IRS990ScheduleD/TotalExpensesPerForm990Amt0784572
IRS990ScheduleD/TotalLiabilityAmt022001
IRS990ScheduleD/TotalRevenuePerForm990Amt0738445
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0738445
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0784572
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0185602
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1185502
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2241799
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3293703
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt032394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt132394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt229517
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt329517
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOUGLAS RILEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1COLLEEN RILEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PHILIP LUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3DEBBIE LUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0217996
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1217896
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2271316
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3323220
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME OFFICERS ARE RELATED BY MARRIAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO COMMITTEES ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURNS ARE REVIEWED BY THE LEGAL DEPARTMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INTERNAL AUDIT DEPARTMENT REVIEWS FOR COMPLIANCE WITH CONFILCT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL OFFICERS AND DIRECTORS ARE COMPENSATED BY A RELATED ORGANIZATION. (THE SALVATION ARMY WESTERN TERRITORY) COMPENSATION IS DETERMINED BASED ON YEARS OF EXPERIENCE AND IS REVIEWED AND APPROVED BY NATIONAL HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL OFFICERS AND DIRECTORS ARE COMPENSATED BY A RELATED ORGANIZATION. (THE SALVATION ARMY WESTERN TERRITORY) COMPENSATION IS DETERMINED BASED ON YEARS OF EXPERIENCE AND IS REVIEWED AND APPROVED BY NATIONAL HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE SALVATION ARMY SEE SCHEDULE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03229279
IRS990/TotalAssetsEOYAmt03141978
IRS990/TotalAssetsGrp/BOYAmt03229279
IRS990/TotalAssetsGrp/EOYAmt03141978

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