Civic Intelligence

Palmae Business Center Association Inc

EIN 38-3762992 • 501(c)6 • Rancho Cucamonga, CA

Profile

The purpose of this corporation is to manage, maintain and administer common areas and facilities at palmae business park and enforce rules and regulations set forth by the board of directors.

9441 Haven AvenueRancho Cucamonga, CA 91730

n/A

Siviq Scores

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

Liabilities / Assets

81st percentile

0.20x

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

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.10x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

59th percentile

4.9%

Higher net margin than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

50th percentile

-1.1%

Faster asset growth than 50% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

-7.7%

Faster revenue growth than 38% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$64,203

Down $696 (-1.1%) from 2023

Liabilities

Down

$12,568

Down $6,563 (-34%) from 2023

Net Assets

Up

$51,635

Up $5,867 (+13%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin59th percentile

Revenue

Down

$120,554

Down $10,000 (-7.7%) from 2023

Expenses

Down

$114,687

Down $10,983 (-8.7%) from 2023

Net Income

Up

$5,867

Up $983 (+20%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$80K$60K$40K$20K$0Assets 2010: $15,452Net Assets 2010: $15,4522010Assets 2012: $5,729Net Assets 2012: $5,7292012Assets 2013: $2,795Net Assets 2013: $2,7952013Assets 2014: $31,308Net Assets 2014: $31,3082014Assets 2015: $29,220Net Assets 2015: $29,2202015Assets 2016: $38,829Net Assets 2016: $38,8292016Assets 2017: $40,794Net Assets 2017: $40,7942017Assets 2018: $35,629Net Assets 2018: $35,6292018Assets 2019: $30,219Net Assets 2019: $30,2192019Assets 2020: $21,051Net Assets 2020: $21,0512020Assets 2021: $38,684Net Assets 2021: $38,6842021Assets 2022: $62,652Liabilities 2022: $21,768Net Assets 2022: $40,8842022Assets 2023: $64,899Liabilities 2023: $19,131Net Assets 2023: $45,7682023Assets 2024: $64,203Liabilities 2024: $12,568Net Assets 2024: $51,6352024

Highlighted filing

2024

Assets$64,203
Liabilities$12,568
Net Assets$51,635
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $70,306Expenses 2010: $66,869Net Income 2010: $3,4372010Revenue 2012: $78,231Expenses 2012: $88,242Net Income 2012: -$10,0112012Revenue 2013: $78,981Expenses 2013: $81,915Net Income 2013: -$2,9342013Revenue 2014: $109,117Expenses 2014: $80,604Net Income 2014: $28,5132014Revenue 2015: $101,592Expenses 2015: $103,680Net Income 2015: -$2,0882015Revenue 2016: $101,592Expenses 2016: $91,983Net Income 2016: $9,6092016Revenue 2017: $101,774Expenses 2017: $99,809Net Income 2017: $1,9652017Revenue 2018: $99,361Expenses 2018: $104,526Net Income 2018: -$5,1652018Revenue 2019: $104,005Expenses 2019: $109,415Net Income 2019: -$5,4102019Revenue 2020: $101,592Expenses 2020: $110,760Net Income 2020: -$9,1682020Revenue 2021: $118,518Expenses 2021: $100,885Net Income 2021: $17,6332021Revenue 2022: $130,554Expenses 2022: $128,354Net Income 2022: $2,2002022Revenue 2023: $130,554Expenses 2023: $125,670Net Income 2023: $4,8842023Revenue 2024: $120,554Expenses 2024: $114,687Net Income 2024: $5,8672024

Highlighted filing

2024

Revenue$120,554
Expenses$114,687
Net Income$5,867
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$64,203
Liabilities
$12,568
Net assets
$51,635
Revenue
$120,554
Expenses
$114,687
Net income
$5,867
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.64$0.13$0.52$1.21$1.15$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.65$0.19$0.46$1.31$1.26$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.63$0.22$0.41$1.31$1.28$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.19$1.01$0.18
2020Detailed filing. Detailed filing data is available for this year.$0.21$0.21$1.02$1.11$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.30$0.30$1.04$1.09$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.36$0.99$1.05$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.41$1.02$1.00$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.39$0.39$1.02$0.92$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.29$1.02$1.04$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.31$1.09$0.81$0.29
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.79$0.82$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.78$0.88$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.15$0.70$0.67$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.1
Gross Receipts
$120,554
Mission and Program Overview

Mission

The purpose of this corporation is to manage, maintain and administer common areas and facilities at palmae business park and enforce rules and regulations set forth by the board of directors.

Program Services

DescriptionGrantsExpenses
THE PURPOSE OF THIS CORPORATION IS TO MANAGE, MAINTAIN AND ADMINISTER COMMON AREAS AND FACILITIES AT PALMAE BUSINESS PARK AND ENFORCE RULES AND REGULATIONS SET FORTH BY THE BOARD OF DIRECTORS.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH M LEDESMAPresident & CEO-$0--
KRIS M MEYERVice President-$0--
Filing and Contact Details

Filer

Filer Name
Palmae Business Center Association Inc
EIN
38-3762992
Phone
9094760590
Address
9441 HAVEN AVENUE, RANCHO CUCAMONGA, CA 91730

Signing Officer

Name
Joseph M Ledesma
Title
President & CEO
Signed
2025-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Jwb Tax & Financial Services
Address
13191 SANTA ANA AVE, FONTANA, CA 92337
Preparer
Jason Burke
Phone
9099121976
Supplemental Narrative

Additional Explanations

Other Expenses.1012

“Insurance $11050”

Other Expenses.1

“Landscape & irrigation $43263”

Other Expenses.2

“Facility maintenance $23141”

Other Expenses.3

“Clean-up & dump fees $16116”

Other Expenses.4

“Utilities - water & power $14363”

Other Expenses.5

“TAXES & LICENSES $825”

Other Expenses.6

“OFFICE EXPENSE $259”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $19131 Accounts Payable and Accrued Expenses - Ending $2568”

Total Liabilities.1

“PREPAID FEES - Beginning $0 PREPAID FEES - Ending $10000”

Raw XML Appendix111 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOSEPH LEDESMA
IRS990EZ/BooksInCareOfDetail/PhoneNum09094760590
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09441 HAVEN AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RANCHO CUCAMONGA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd091730
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt064899
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt064203
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0120554
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05867
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt05670
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt064899
IRS990EZ/Form990TotalAssetsGrp/EOYAmt064203
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0120554
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt045768
IRS990EZ/NetAssetsOrFundBalancesEOYAmt051635
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt045768
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt051635
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt14.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JOSEPH M LEDESMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRIS M MEYER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0109017
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THIS CORPORATION IS TO MANAGE, MAINTAIN AND ADMINISTER COMMON AREAS AND FACILITIES AT PALMAE BUSINESS PARK AND ENFORCE RULES AND REGULATIONS SET FORTH BY THE BOARD OF DIRECTORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PURPOSE OF THIS CORPORATION IS TO MANAGE, MAINTAIN AND ADMINISTER COMMON AREAS AND FACILITIES AT PALMAE BUSINESS PARK AND ENFORCE RULES AND REGULATIONS SET FORTH BY THE BOARD OF DIRECTORS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt019131
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt012568
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0114687
IRS990EZ/TotalRevenueAmt0120554
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Insurance $11050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LANDSCAPE & IRRIGATION $43263
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FACILITY MAINTENANCE $23141
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CLEAN-UP & DUMP FEES $16116
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UTILITIES - WATER & POWER $14363
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TAXES & LICENSES $825
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE EXPENSE $259
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Accounts Payable and Accrued Expenses - Beginning $19131 Accounts Payable and Accrued Expenses - Ending $2568
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PREPAID FEES - Beginning $0 PREPAID FEES - Ending $10000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Total Liabilities.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH M LEDESMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMAE BUSINESS CENTER ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0383762992
ReturnHeader/Filer/PhoneNum09094760590
ReturnHeader/Filer/USAddress/AddressLine1Txt09441 HAVEN AVENUE
ReturnHeader/Filer/USAddress/CityNm0RANCHO CUCAMONGA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd091730
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464666354
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JWB TAX & FINANCIAL SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt013191 SANTA ANA AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FONTANA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092337
ReturnHeader/PreparerPersonGrp/PhoneNum09099121976
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON BURKE
ReturnHeader/ReturnTs02025-05-15T11:16:17-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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