Civic Intelligence

The Salvation Army Pasadena Residences Inc

EIN 33-0448064 • 501(c)3 • Rancho Palos Verdes, CA

Profile

The salvation army pasadena 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

81st percentile

0.44x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

3.16x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

9th percentile

-35%

Higher net margin than 9% 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 46.8% of source-year revenue.

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

Asset Growth

30th percentile

-2.8%

Faster asset growth than 30% of similar nonprofits.

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

Revenue Growth

43rd percentile

3.3%

Faster revenue growth than 43% of similar nonprofits.

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

Assets

Down

$4,926,053

Down $140,777 (-2.8%) from 2023

Liabilities

Up

$2,181,346

Up $98,879 (+4.7%) from 2023

Net Assets

Down

$2,744,707

Down $239,656 (-8.0%) from 2023

Revenue

Up

$690,940

Up $21,852 (+3.3%) from 2023

Expenses

Up

$930,596

Up $26,124 (+2.9%) from 2023

Net Income

Down

-$239,656

Down $4,272 (-1.8%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $6,383,431Liabilities 2016: $1,749,565Net Assets 2016: $4,633,8662016Assets 2017: $6,140,330Liabilities 2017: $1,838,567Net Assets 2017: $4,301,7632017Assets 2018: $5,900,232Liabilities 2018: $1,905,560Net Assets 2018: $3,994,6722018Assets 2019: $5,734,339Liabilities 2019: $1,931,407Net Assets 2019: $3,802,9322019Assets 2020: $5,537,687Liabilities 2020: $1,942,661Net Assets 2020: $3,595,0262020Assets 2021: $5,362,259Liabilities 2021: $1,957,581Net Assets 2021: $3,404,6782021Assets 2023: $5,066,830Liabilities 2023: $2,082,467Net Assets 2023: $2,984,3632023Assets 2024: $4,926,053Liabilities 2024: $2,181,346Net Assets 2024: $2,744,7072024

Highlighted filing

2024

Assets$4,926,053
Liabilities$2,181,346
Net Assets$2,744,707

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $1,165,624Expenses 2016: $756,185Net Income 2016: $409,4392016Revenue 2017: $530,910Expenses 2017: $863,013Net Income 2017: -$332,1032017Revenue 2018: $537,882Expenses 2018: $844,973Net Income 2018: -$307,0912018Revenue 2019: $565,441Expenses 2019: $757,181Net Income 2019: -$191,7402019Revenue 2020: $585,518Expenses 2020: $793,424Net Income 2020: -$207,9062020Revenue 2021: $611,274Expenses 2021: $801,622Net Income 2021: -$190,3482021Revenue 2023: $669,088Expenses 2023: $904,472Net Income 2023: -$235,3842023Revenue 2024: $690,940Expenses 2024: $930,596Net Income 2024: -$239,6562024

Highlighted filing

2024

Revenue$690,940
Expenses$930,596
Net Income-$239,656

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$690,940
Mission and Program Overview

Mission

The salvation army pasadena 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$4,459,436$4,463,170▲ $3,734
Savings and Temporary Cash Investments$532,496$411,500▼ $120,996
Cash and Non-Interest-Bearing Accounts$74,898$51,383▼ $23,515
Total Assets$5,066,830$4,926,053▼ $140,777
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,914,339$1,958,639▲ $44,300
Accounts Payable and Accrued Expenses$71,336$125,366▲ $54,030
Unsecured Notes Loans Payable$75,168$75,168→ $0
Other Liabilities$21,624$22,173▲ $549
Total Liabilities$2,082,467$2,181,346▲ $98,879
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,939,023$2,717,942▼ $221,081
Net Assets With Donor Restrictions$45,340$26,765▼ $18,575
Total Net Assets Fund Balance$2,984,363$2,744,707▼ $239,656
Total Liabilities and Net Assets / Fund Balance$5,066,830$4,926,053▼ $140,777

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,449,480$4,930,002$7,379,482
Land$2,000,000-$2,000,000
Equipment$13,690$150,606$164,296
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
$374,129
Program Service Revenue
$304,773
Investment Income
$12,038
Other Revenue
$0
All Other Contributions
$1,348
Change in Net Assets
$-239,656

Audited Revenue Reconciliation

Revenue per Audited Statements
$690,940
Total Revenue per Audited Statements
$690,940
Total Revenue per Form 990
$690,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$700,415
Salaries, Compensation, and Employee Benefits$230,181
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$269,182--$269,182
Depreciation Depletion$200,588--$200,588
Other Salaries and Wages$152,766--$152,766
Other Employee Benefits$66,086--$66,086
Fees for Services Management-$63,000-$63,000
Insurance$55,344--$55,344
Interest$44,300--$44,300
Office Expenses$31,335--$31,335
Other Expenses$12,060$11,700-$12,060
Payroll Taxes$11,329--$11,329
Fees for Services Accounting-$10,350-$10,350
Conferences and Meetings$1,480--$1,480
Fees for Services Legal-$122-$122
Total Functional Expenses$845,424$85,172$0$930,596

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$930,596
Total Expenses per Audited Statements$930,596
Total Expenses per Form 990$930,596
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$22,173
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 directors 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 Pasadena Residences Inc
EIN
33-0448064
Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA 90275

Signing Officer

Name
Kelly Pontsler
Title
Treasurer
Phone
5624918775
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Riley
Formed
1990
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
4

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/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0304773
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0364848
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt012972
IRS990/PYOtherExpensesAmt0677930
IRS990/PYProgramServiceRevenueAmt0291268
IRS990/PYRevenuesLessExpensesAmt0-235384
IRS990/PYSalariesCompEmpBnftPaidAmt0226542
IRS990/PYTotalExpensesAmt0904472
IRS990/PYTotalRevenueAmt0669088
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-239656
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0690940
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0532496
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0411500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0374129
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0364848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0354136
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0338267
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0309024
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01740404
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012038
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt012972
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01626
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0795
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02603
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt030034
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01412064
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98300
IRS990ScheduleA/PublicSupportPY170Pct00.98790
IRS990ScheduleA/PublicSupportTotal170Amt01740404
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0374129
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0364848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0354136
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0338267
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0309024
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01740404
IRS990ScheduleA/TotalSupportAmt01770438
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02449480
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04930002
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07379482
IRS990ScheduleD/EquipmentGrp/BookValueAmt013690
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0150606
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0164296
IRS990ScheduleD/ExpensesSubtotalAmt0930596
IRS990ScheduleD/LandGrp/BookValueAmt02000000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0690940
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04463170
IRS990ScheduleD/TotalExpensesPerForm990Amt0930596
IRS990ScheduleD/TotalLiabilityAmt022173
IRS990ScheduleD/TotalRevenuePerForm990Amt0690940
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0690940
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0930596
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
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 DIRECTORS 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

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