Civic Intelligence

Marineland Community Association Inc.

990 • Fiscal year 2022 • EIN 45-0567263

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 03, 2023

Organization ProfileMARINELANDMHP.ORG
531 Pier AvenueHermosa Beach, CA 90254

(310) 379-3753

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.30x

Higher debt load relative to assets than 63% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

94th percentile

4.85x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

83rd percentile

37%

Higher net margin than 83% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

29th percentile

-5.9%

Faster asset growth than 29% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$12,994,647

Down $814,923 (-5.9%) from 2021

Net Assets

Up

$9,132,069

Up $294,444 (+3.3%) from 2021

Liabilities

Down

$3,862,578

Down $1,109,367 (-22%) from 2021

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin83rd percentile

Revenue

Up

$796,113

Up $95,128 (+14%) from 2021

Expenses

Down

$501,669

Down $40,931 (-7.5%) from 2021

Net Income

Up

$294,444

Up $136,059 (+86%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$20M$15M$10M$5.0M$0Assets 2013: $15,815,778Liabilities 2013: $8,222,323Net Assets 2013: $7,593,4552013Assets 2014: $15,627,643Liabilities 2014: $7,972,938Net Assets 2014: $7,654,7052014Assets 2015: $15,456,468Liabilities 2015: $7,759,553Net Assets 2015: $7,696,9152015Assets 2016: $15,279,833Liabilities 2016: $7,542,187Net Assets 2016: $7,737,6462016Assets 2017: $15,465,250Liabilities 2017: $7,317,459Net Assets 2017: $8,147,7912017Assets 2018: $14,124,850Liabilities 2018: $6,119,677Net Assets 2018: $8,005,1732018Assets 2019: $14,054,561Liabilities 2019: $5,751,645Net Assets 2019: $8,302,9162019Assets 2020: $14,042,732Liabilities 2020: $5,363,492Net Assets 2020: $8,679,2402020Assets 2021: $13,809,570Liabilities 2021: $4,971,945Net Assets 2021: $8,837,6252021Assets 2022: $12,994,647Liabilities 2022: $3,862,578Net Assets 2022: $9,132,0692022Assets 2023: $12,940,947Liabilities 2023: $3,441,407Net Assets 2023: $9,499,5402023Assets 2024: $12,323,541Liabilities 2024: $2,599,523Net Assets 2024: $9,724,0182024

Highlighted filing

2022

Assets$12,994,647
Liabilities$3,862,578
Net Assets$9,132,069
Open 2022 Filing

Operations Trend

Revenue Growth65th percentile

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

$1.0M$500K$0-$500KRevenue 2013: $246,490Expenses 2013: $411,787Net Income 2013: -$165,2972013Revenue 2014: $763,254Expenses 2014: $702,004Net Income 2014: $61,2502014Revenue 2015: $724,211Expenses 2015: $698,858Net Income 2015: $25,3532015Revenue 2016: $745,087Expenses 2016: $704,356Net Income 2016: $40,7312016Revenue 2017: $970,261Expenses 2017: $678,623Net Income 2017: $291,6382017Revenue 2018: $799,499Expenses 2018: $973,851Net Income 2018: -$174,3522018Revenue 2019: $751,976Expenses 2019: $533,056Net Income 2019: $218,9202019Revenue 2020: $749,887Expenses 2020: $523,981Net Income 2020: $225,9062020Revenue 2021: $700,985Expenses 2021: $542,600Net Income 2021: $158,3852021Revenue 2022: $796,113Expenses 2022: $501,669Net Income 2022: $294,4442022Revenue 2023: $677,820Expenses 2023: $523,741Net Income 2023: $154,0792023Revenue 2024: $603,465Expenses 2024: $378,987Net Income 2024: $224,4782024

Highlighted filing

2022

Revenue$796,113
Expenses$501,669
Net Income$294,444
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 3, 2023
Return Version
2022v5.0
Gross Receipts
$796,113
Mission and Program Overview

Mission

Act as a management body for the preservation, maintenance and architectural control of the mobile home lots and common area within the project located at 531 Pier Avenue, Hermosa, Beach, CA.

Act as a management body for the preservation, maintenance, and architectural control of the mobile home lots and common area within the project located at 531 pier avenue, hermosa beach, ca

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,003,940$7,996,144▼ $7,796
Other Notes and Loans Receivable, Net$3,635,944$3,018,102▼ $617,842
Savings and Temporary Cash Investments$1,384,403$1,078,192▼ $306,211
Cash and Non-Interest-Bearing Accounts$321,295$473,515▲ $152,220
Receivables From Officers Etc$449,481$409,350▼ $40,131
Prepaid Expenses and Deferred Charges$11,967$12,903▲ $936
Accounts Receivable$2,540$6,441▲ $3,901
Total Assets$13,809,570$12,994,647▼ $814,923
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,957,826$3,851,319▼ $1,106,507
Other Liabilities$10,863$10,274▼ $589
Accounts Payable and Accrued Expenses$3,256$985▼ $2,271
Total Liabilities$4,971,945$3,862,578▼ $1,109,367
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$8,837,625$9,132,069▲ $294,444
Total Net Assets Fund Balance$8,837,625$9,132,069▲ $294,444
Total Liabilities and Net Assets / Fund Balance$13,809,570$12,994,647▼ $814,923

Asset Categories

AssetBook ValueDepreciationBasis
Land$7,900,000-$7,900,000
Other Land Buildings$63,035$26,306$89,341
Buildings$33,109$17,480$50,589
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Corinne YbarraPresident
Morgan SterlingDirector
Daryl OldenkampSecretary
Mike PalmerTreasurer
Mike FerrisVice-preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$538,365
Investment Income
$2,726
Other Revenue
$255,022
Change in Net Assets
$294,444

Audited Revenue Reconciliation

Revenue per Audited Statements
$796,113
Total Revenue per Audited Statements
$796,113
Total Revenue per Form 990
$796,113
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$451,626
Salaries, Compensation, and Employee Benefits$50,043
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$165,841--$165,841
Occupancy$73,861$13,036-$86,897
Fees for Services Management$44,332$7,824-$52,156
Other Salaries and Wages$39,259$6,929-$46,188
Insurance$15,157$2,675-$17,832
Other Expenses$11,173$1,972-$13,145
Fees for Services Accounting$10,000--$10,000
Depreciation Depletion$6,626$1,170-$7,796
Office Expenses$4,665$823-$5,488
Payroll Taxes$3,277$578-$3,855
Fees for Services Legal$117--$117
Travel$110--$110
Total Functional Expenses$466,662$35,007$0$501,669

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$501,669
Total Expenses per Audited Statements$501,669
Total Expenses per Form 990$501,669
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 Officers, Directors, Trustees, and Key Employees$449,481$409,350▼ $40,131
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$8,174
Tenant Security Deposit$2,100
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 3

“Management delegated to les frame management, inc. Property management company”

Form 990, Page 6, Part VI, Line 6

“The association is a limited equity cooperative housing corporation.”

Form 990, Page 6, Part VI, Line 7A

“Organization members have the ability to elect members to the bod.”

Form 990, Page 6, Part VI, Line 7B

“Goverance decicisions are reserved to all members of the association.”

Form 990, Page 6, Part VI, Line 11B

“The president of the organization reviews the federal return prior to filing with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Each time a bod member is elected, that member is required to sign a conflict of interest statement that lasr=ts for the length of the member's term in office. Board terms are typically years. Additionally, all board members are required to bring up potential conflicts of interest at regularly scheduled meetings.”

Form 990, Page 6, Part VI, Line 19

“Governing documents avaliable to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Marineland Community
EIN
45-0567263
Phone
3103793753
Address
531 PIER AVENUE, HERMOSA BEACH, CA 90254

Signing Officer

Name
Corinne Ybarra
Title
President
Phone
3103793753
Signed
2023-04-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Corinne Ybarra
Formed
2008
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
1
Employees
3

Preparer

Firm
Pinnacle Accounting & Financial Services
Address
23055 SHERMAN WAY 5002, WEST HILLS, CA 91308
Preparer
Hayley Geier
Phone
4126389373
Raw XML AppendixShowing 400 of 436 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03256
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0985
IRS990/AccountsReceivableGrp/BOYAmt02540
IRS990/AccountsReceivableGrp/EOYAmt06441
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ACT AS A MANAGEMENT BODY FOR THE PRESERVATION, MAINTENANCE, AND ARCHITECTURAL CONTROL OF THE MOBILE HOME LOTS AND COMMON AREA WITHIN THE PROJECT LOCATED AT 531 PIER AVENUE, HERMOSA BEACH, CA
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0LES FRAME MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum03107981102
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01635 AVIATION BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDONDO BEACH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090278
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0321295
IRS990/CashNonInterestBearingGrp/EOYAmt0473515
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02726
IRS990/CYOtherExpensesAmt0451626
IRS990/CYOtherRevenueAmt0255022
IRS990/CYProgramServiceRevenueAmt0538365
IRS990/CYRevenuesLessExpensesAmt0294444
IRS990/CYSalariesCompEmpBnftPaidAmt050043
IRS990/CYTotalExpensesAmt0501669
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0796113
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01170
IRS990/DepreciationDepletionGrp/ProgramServicesAmt06626
IRS990/DepreciationDepletionGrp/TotalAmt07796
IRS990/Desc0MAINTAINED PROPERTY AT 531 PIER AVENUE, HERMOSA BEACH, CA WHICH CONSISTS OF 60 LOTS. 56 OF THESE LOTS ARE OWNED BY MEMBERS, 1 LOT IS OWNED BY THE ORGANIZATION, AND THE OTHER 3 LOTS ARE RENTED BY NONMEMBERS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0466662
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0117
IRS990/FeesForServicesLegalGrp/TotalAmt0117
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt07824
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt044332
IRS990/FeesForServicesManagementGrp/TotalAmt052156
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0MIKE FERRIS
IRS990/Form990PartVIISectionAGrp/PersonNm1DARYL OLDENKAMP
IRS990/Form990PartVIISectionAGrp/PersonNm2MIKE PALMER
IRS990/Form990PartVIISectionAGrp/PersonNm3MORGAN STERLING
IRS990/Form990PartVIISectionAGrp/PersonNm4CORINNE YBARRA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE-PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0796113
IRS990/GrossRentsGrp/RealAmt036408
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02675
IRS990/InsuranceGrp/ProgramServicesAmt015157
IRS990/InsuranceGrp/TotalAmt017832
IRS990/InterestGrp/ProgramServicesAmt0165841
IRS990/InterestGrp/TotalAmt0165841
IRS990/InvestmentIncomeGrp/ExclusionAmt02726
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02726
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt043786
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08003940
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07996144
IRS990/LandBldgEquipCostOrOtherBssAmt08039930
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ACT AS A MANAGEMENT BODY FOR THE PRESERVATION, MAINTENANCE, AND ARCHITECTURAL CONTROL OF THE MOBILE HOME LOTS AND COMMON AREA WITHIN THE PROJECT LOCATED AT 531 PIER AVENUE, HERMOSA BEACH, CA
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt04957826
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03851319
IRS990/NetAssetsOrFundBalancesBOYAmt08837625
IRS990/NetAssetsOrFundBalancesEOYAmt09132069
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036408
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt036408
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt08837625
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09132069
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013036
IRS990/OccupancyGrp/ProgramServicesAmt073861
IRS990/OccupancyGrp/TotalAmt086897
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0823
IRS990/OfficeExpensesGrp/ProgramServicesAmt04665
IRS990/OfficeExpensesGrp/TotalAmt05488
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01972
IRS990/OtherExpensesGrp/ProgramServicesAmt092244
IRS990/OtherExpensesGrp/ProgramServicesAmt111173
IRS990/OtherExpensesGrp/TotalAmt092244
IRS990/OtherExpensesGrp/TotalAmt113145
IRS990/OtherLiabilitiesGrp/BOYAmt010863
IRS990/OtherLiabilitiesGrp/EOYAmt010274
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0218614
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0218614
IRS990/OtherRevenueTotalAmt0218614
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06929
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt039259
IRS990/OtherSalariesAndWagesGrp/TotalAmt046188
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03635944
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt03018102
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0578
IRS990/PayrollTaxesGrp/ProgramServicesAmt03277
IRS990/PayrollTaxesGrp/TotalAmt03855
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011967
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012903
IRS990/PrincipalOfficerNm0CORINNE YBARRA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0REGULAR ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/Desc1LOAN INTEREST REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/Desc2UTILITY REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc3PROPERTY TAX REIMB FROM MEMBE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0356200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1136737
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt245325
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3103
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0356200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1136737
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt245325
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3103
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01327
IRS990/PYOtherExpensesAmt0508764
IRS990/PYOtherRevenueAmt038330
IRS990/PYProgramServiceRevenueAmt0661328
IRS990/PYRevenuesLessExpensesAmt0158385
IRS990/PYSalariesCompEmpBnftPaidAmt033836
IRS990/PYTotalExpensesAmt0542600
IRS990/PYTotalRevenueAmt0700985
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt0449481
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt0409350
IRS990/ReconcilationRevenueExpnssAmt0294444
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt036408
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0538365
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01384403
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01078192
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0500
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02726
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01327
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02724
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04801
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02093
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt013671
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0793387
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0699658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0747163
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0747175
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0828640
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt03816023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02726
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01327
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02724
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt04801
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02093
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt013671
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt01726
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt01726
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99600
IRS990ScheduleA/PublicSupportPY509Pct00.99710
IRS990ScheduleA/PublicSupportTotal509Amt03816523
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0793387
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0699658
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0747163
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0747175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0829140
IRS990ScheduleA/Total509Grp/TotalAmt03816523
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0797839
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0700985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0749887
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0751976
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0831233
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03831920
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt033109
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017480
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt050589
IRS990ScheduleD/ExpensesSubtotalAmt0501669
IRS990ScheduleD/LandGrp/BookValueAmt07900000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt07900000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063035
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026306
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt089341
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08174
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSIT
IRS990ScheduleD/RevenueSubtotalAmt0796113
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07996144
IRS990ScheduleD/TotalExpensesPerForm990Amt0501669
IRS990ScheduleD/TotalLiabilityAmt010274
IRS990ScheduleD/TotalRevenuePerForm990Amt0796113
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0796113
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0501669
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0105753
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt198111
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt285203
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt376498
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt443785
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd4true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd2false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd3false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd4false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd1X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd2X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd3X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd4X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0158830
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt1129586
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt2128272
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt3114203
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt4120392
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0NOTE RECEIVABLE - MIKE PALMER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1NOTE RECEIVABLE - MIKE FERRIS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm2NOTE RECEIVABLE - CORINNE YBARRA
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm3NOTE RECIVABLE - MORGAN STERLING
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm4NOTE RECEIVABLE - DARYL OLDENKAMP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0MEMBER OF BOD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1MEMBER OF BOD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt2MEMBER OF BOD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt3MEMBER OF BOD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt4MEMBER OF BOD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd2true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd3true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd4true
IRS990ScheduleL/TotalBalanceDueAmt0409350
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT DELEGATED TO LES FRAME MANAGEMENT, INC. PROPERTY MANAGEMENT COMPANY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS A LIMITED EQUITY COOPERATIVE HOUSING CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION MEMBERS HAVE THE ABILITY TO ELECT MEMBERS TO THE BOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERANCE DECICISIONS ARE RESERVED TO ALL MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT OF THE ORGANIZATION REVIEWS THE FEDERAL RETURN PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH TIME A BOD MEMBER IS ELECTED, THAT MEMBER IS REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT THAT LASR=TS FOR THE LENGTH OF THE MEMBER'S TERM IN OFFICE. BOARD TERMS ARE TYPICALLY YEARS. ADDITIONALLY, ALL BOARD MEMBERS ARE REQUIRED TO BRING UP POTENTIAL CONFLICTS OF INTEREST AT REGULARLY SCHEDULED MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS AVALIABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt013809570
IRS990/TotalAssetsEOYAmt012994647
IRS990/TotalAssetsGrp/BOYAmt013809570
IRS990/TotalAssetsGrp/EOYAmt012994647
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0466662
IRS990/TotalFunctionalExpensesGrp/TotalAmt0501669
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04971945
IRS990/TotalLiabilitiesEOYAmt03862578
IRS990/TotalLiabilitiesGrp/BOYAmt04971945
IRS990/TotalLiabilitiesGrp/EOYAmt03862578
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt08837625
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt09132069
IRS990/TotalProgramServiceExpensesAmt0466662
IRS990/TotalProgramServiceRevenueAmt0538365
IRS990/TotalRevenueGrp/ExclusionAmt02726
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0793387
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0796113
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt013809570
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt012994647
IRS990/TravelGrp/ProgramServicesAmt0110
IRS990/TravelGrp/TotalAmt0110
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0531 PIER AVENUE
IRS990/USAddress/CityNm0HERMOSA BEACH
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd090254

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,994,647
Liabilities
$3,862,578
Net assets
$9,132,069
Revenue
$796,113
Expenses
$501,669
Net income
$294,444
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$2.60$9.72$0.60$0.38$0.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$3.44$9.50$0.68$0.52$0.15
2022Detailed filing. Detailed filing data is available for this year.$13.0$3.86$9.13$0.80$0.50$0.29
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$4.97$8.84$0.70$0.54$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.0$5.36$8.68$0.75$0.52$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$5.75$8.30$0.75$0.53$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.1$6.12$8.01$0.80$0.97$0.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.5$7.32$8.15$0.97$0.68$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$7.54$7.74$0.75$0.70$0.04
2015Summary only. Only limited summary data is available for this year.$15.5$7.76$7.70$0.72$0.70$0.03
2014Summary only. Only limited summary data is available for this year.$15.6$7.97$7.65$0.76$0.70$0.06
2013Detailed filing. Detailed filing data is available for this year.$15.8$8.22$7.59$0.25$0.41$0.17