Civic Intelligence

The Salvation Army Hollywood Residences Inc

EIN 33-0527301 • 501(c)3 • Rancho Palos Verdes, CA

Profile

The salvation army hollywood 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

82nd percentile

0.56x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

94th percentile

3.55x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

8th percentile

-34%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

71st percentile

$188,620

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

26th percentile

-2.8%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

59th percentile

12%

Faster revenue growth than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$6,526,776

Down $190,416 (-2.8%) from 2024

Liabilities

Up

$3,662,900

Up $161,493 (+4.6%) from 2024

Net Assets

Down

$2,863,876

Down $351,909 (-11%) from 2024

Revenue

Up

$1,032,525

Up $111,295 (+12%) from 2024

Expenses

Up

$1,384,434

Up $140,268 (+11%) from 2024

Net Income

Down

-$351,909

Down $28,973 (-9.0%) from 2024

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0Assets 2017: $8,472,066Liabilities 2017: $3,165,932Net Assets 2017: $5,306,1342017Assets 2018: $8,186,262Liabilities 2018: $3,176,137Net Assets 2018: $5,010,1252018Assets 2019: $8,051,213Liabilities 2019: $3,245,364Net Assets 2019: $4,805,8492019Assets 2020: $7,746,052Liabilities 2020: $3,259,660Net Assets 2020: $4,486,3922020Assets 2021: $7,437,582Liabilities 2021: $3,311,113Net Assets 2021: $4,126,4692021Assets 2024: $6,717,192Liabilities 2024: $3,501,407Net Assets 2024: $3,215,7852024Assets 2025: $6,526,776Liabilities 2025: $3,662,900Net Assets 2025: $2,863,8762025

Highlighted filing

2025

Assets$6,526,776
Liabilities$3,662,900
Net Assets$2,863,876

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2017: $792,566Expenses 2017: $1,086,791Net Income 2017: -$294,2252017Revenue 2018: $800,459Expenses 2018: $1,096,468Net Income 2018: -$296,0092018Revenue 2019: $823,270Expenses 2019: $1,027,546Net Income 2019: -$204,2762019Revenue 2020: $816,924Expenses 2020: $1,136,381Net Income 2020: -$319,4572020Revenue 2021: $796,940Expenses 2021: $1,156,863Net Income 2021: -$359,9232021Revenue 2024: $921,230Expenses 2024: $1,244,166Net Income 2024: -$322,9362024Revenue 2025: $1,032,525Expenses 2025: $1,384,434Net Income 2025: -$351,9092025

Highlighted filing

2025

Revenue$1,032,525
Expenses$1,384,434
Net Income-$351,909

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Feb 5, 2026
Return Version
2024v5.2
Gross Receipts
$1,032,525
Mission and Program Overview

Mission

The salvation army hollywood 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$5,510,271$5,266,072▼ $244,199
Savings and Temporary Cash Investments$987,083$984,585▼ $2,498
Cash and Non-Interest-Bearing Accounts$218,581$274,347▲ $55,766
Accounts Receivable$1,257$1,772▲ $515
Total Assets$6,717,192$6,526,776▼ $190,416
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,928,817$2,982,817▲ $54,000
Unsecured Notes Loans Payable$431,593$431,593→ $0
Accounts Payable and Accrued Expenses$114,797$222,264▲ $107,467
Other Liabilities$26,200$26,226▲ $26
Total Liabilities$3,501,407$3,662,900▲ $161,493
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,053,555$2,713,846▼ $339,709
Net Assets With Donor Restrictions$162,230$150,030▼ $12,200
Total Net Assets Fund Balance$3,215,785$2,863,876▼ $351,909
Total Liabilities and Net Assets / Fund Balance$6,717,192$6,526,776▼ $190,416

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,666,858$7,959,213$11,626,071
Land$1,547,450-$1,547,450
Equipment$51,764$96,065$147,829
Compensation and Service Providers

Employees

NameTitleOtherTotal
Douglas RileyPresident$109,814$109,814
Colleen RileyDirector$107,050$107,050
Kelly PontslerTreasurer$106,195$106,195
Eddie VincentVP$95,193$95,193
Genevera VincentDirector$95,193$95,193
Jennifer WildDirector$78,694$78,694
Ivan WildDirector$78,693$78,693

Board Members and Trustees

NameTitle
Merle HeatwoleChairman
Debbie LumDirector
Philip LumDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$522,251
Program Service Revenue
$471,917
Investment Income
$38,357
Other Revenue
$0
Change in Net Assets
$-351,909

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,032,525
Total Revenue per Audited Statements
$1,032,525
Total Revenue per Form 990
$1,032,525
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,034,404
Salaries, Compensation, and Employee Benefits$350,030
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$308,574--$308,574
Occupancy$290,289--$290,289
Other Salaries and Wages$258,296--$258,296
Insurance$174,787--$174,787
Fees for Services Management-$83,160-$83,160
Other Employee Benefits$73,062--$73,062
Office Expenses$62,542--$62,542
Interest$54,000--$54,000
Other Expenses$21,335$15,444-$21,335
Payroll Taxes$18,672--$18,672
Fees for Services Accounting-$10,660-$10,660
Fees for Services Legal-$1,743-$1,743
Conferences and Meetings$1,240--$1,240
Total Functional Expenses$1,273,427$111,007$0$1,384,434

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,384,434
Total Expenses per Audited Statements$1,384,434
Total Expenses per Form 990$1,384,434
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$26,226
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 Hollywood Residences Inc
EIN
33-0527301
In Care Of
% KELLY PONTSLER
Phone
5624918775
Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA 90275

Signing Officer

Name
Kelly Pontsler
Title
Treasurer
Phone
5624918775
Signed
2026-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Riley
Formed
1992
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
6

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/SavingsAndTempCashInvstGrp/EOYAmt0984585
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0450532
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt032995
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt03109
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0470901
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0469298
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0450532
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt07959213
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011626071
IRS990ScheduleD/EquipmentGrp/BookValueAmt051764
IRS990ScheduleD/EquipmentGrp/DepreciationAmt096065
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0147829
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt05266072
IRS990ScheduleD/TotalExpensesPerForm990Amt01384434
IRS990ScheduleD/TotalLiabilityAmt026226
IRS990ScheduleD/TotalRevenuePerForm990Amt01032525
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DEBBIE LUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1177370
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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
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE SALVATION ARMY (SEE SCHEDULE)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C3
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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
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IRS990/StatesWhereCopyOfReturnIsFldCd0CA
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0522251

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