Civic Intelligence

Kcera Propertiy Inc

990 • Fiscal year 2022 • EIN 80-0309253

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

Organization ProfileWWW.KCERA.ORG
11125 River Run BlvdBakersfield, CA 93311

(661) 868-3790

Siviq Scores

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

Liabilities / Assets

26th percentile

0.00x

Higher debt load relative to assets than 26% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Net Margin

96th percentile

92%

Higher net margin than 96% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2022 filings • $5M-$10M nonprofits • Source year 2022

Asset Growth

39th percentile

-2.8%

Faster asset growth than 39% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

46th percentile

0.1%

Faster revenue growth than 46% of similar nonprofits.

2022 filings • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets26th percentile

Assets

Down

$5,602,731

Down $161,692 (-2.8%) from 2021

Net Assets

Down

$5,600,838

Down $159,618 (-2.8%) from 2021

Liabilities

Down

$1,893

Down $2,074 (-52%) from 2021

Revenue And Expenses
Liabilities / Revenue27th percentileNet Margin96th percentile

Revenue

Up

$368,401

Up $248 (+0.1%) from 2021

Expenses

Up

$28,019

Up $7,938 (+40%) from 2021

Net Income

Down

$340,382

Down $7,690 (-2.2%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth39th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,944,605Liabilities 2010: $32,324Net Assets 2010: $4,912,2812010Assets 2011: $4,936,293Liabilities 2011: $0Net Assets 2011: $4,936,2932011Assets 2012: $4,979,282Liabilities 2012: $3,107Net Assets 2012: $4,976,1752012Assets 2013: $5,265,717Liabilities 2013: $387,498Net Assets 2013: $4,878,2192013Assets 2014: $5,168,440Liabilities 2014: $291,408Net Assets 2014: $4,877,0322014Assets 2015: $5,170,472Liabilities 2015: $281,588Net Assets 2015: $4,888,8842015Assets 2016: $5,206,032Liabilities 2016: $302,866Net Assets 2016: $4,903,1662016Assets 2017: $5,203,739Liabilities 2017: $301,140Net Assets 2017: $4,902,5992017Assets 2018: $4,997,535Liabilities 2018: $42,157Net Assets 2018: $4,955,3782018Assets 2019: $5,241,385Liabilities 2019: $152,765Net Assets 2019: $5,088,6202019Assets 2020: $5,413,552Liabilities 2020: $1,168Net Assets 2020: $5,412,3842020Assets 2021: $5,764,423Liabilities 2021: $3,967Net Assets 2021: $5,760,4562021Assets 2022: $5,602,731Liabilities 2022: $1,893Net Assets 2022: $5,600,8382022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2022

Assets$5,602,731
Liabilities$1,893
Net Assets$5,600,838
Open 2022 Filing

Operations Trend

Revenue Growth46th percentile

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

$10M$5.0M$0-$5.0M-$10MRevenue 2010: $70,467Expenses 2010: $36,746Net Income 2010: $33,7212010Revenue 2011: $299,278Expenses 2011: $20,266Net Income 2011: $279,0122011Revenue 2012: $301,340Expenses 2012: $26,458Net Income 2012: $274,8822012Revenue 2013: $301,347Expenses 2013: $14,303Net Income 2013: $287,0442013Revenue 2014: $301,342Expenses 2014: $12,529Net Income 2014: $288,8132014Revenue 2015: $306,560Expenses 2015: $14,708Net Income 2015: $291,8522015Revenue 2016: $332,672Expenses 2016: $18,390Net Income 2016: $314,2822016Revenue 2017: $332,780Expenses 2017: $33,347Net Income 2017: $299,4332017Revenue 2018: $332,880Expenses 2018: $20,101Net Income 2018: $312,7792018Revenue 2019: $332,847Expenses 2019: $19,113Net Income 2019: $313,7342019Revenue 2020: $338,901Expenses 2020: $15,137Net Income 2020: $323,7642020Revenue 2021: $368,153Expenses 2021: $20,081Net Income 2021: $348,0722021Revenue 2022: $368,401Expenses 2022: $28,019Net Income 2022: $340,3822022Revenue 2023: $185,995Expenses 2023: $5,307,691Net Income 2023: -$5,121,6962023

Highlighted filing

2022

Revenue$368,401
Expenses$28,019
Net Income$340,382
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$368,401
Mission and Program Overview

Mission

Kcera property, inc. Owns land and an office building that it rents back to its 100% shareholder, kern county employees' retirement association, which is a db public pension plan.

Owns and rents an office bldg to kern county employees'retirement association, its 100% owner.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,057,555$5,295,020▲ $237,465
Savings and Temporary Cash Investments$682,638$306,042▼ $376,596
Accounts Receivable$24,230$1,669▼ $22,561
Total Assets$5,764,423$5,602,731▼ $161,692
Liabilities
Accounts Payable and Accrued Expenses$3,967$1,893▼ $2,074
Total Liabilities$3,967$1,893▼ $2,074
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,760,456$5,600,838▼ $159,618
Total Net Assets Fund Balance$5,760,456$5,600,838▼ $159,618
Total Liabilities and Net Assets / Fund Balance$5,764,423$5,602,731▼ $161,692

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,417,209--
Land$877,811--
Compensation and Service Providers
Top Officer Pay32nd percentile

Board Members and Trustees

NameTitle
Rick KrattPresident and Director
Jordan KaufmanCFO and Director
Robb SeiblyCFO and Director
David CouchSecretary and Director
Dustin ContrerasSecretary and Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$367,239
Investment Income
$1,162
Other Revenue
$0
Change in Net Assets
$340,382
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$28,019
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting---$22,609
Fees for Services Other---$5,410
Total Functional Expenses$0$0$0$28,019
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-ShareholderKERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION RENTS THE BUILDING OWNED BY KCERA PROPERTY, INC.No$367,239
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The kern county employees' retirement association owns 100% of the stock of kcera property, inc.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared by an outside accounting firm and was reviewed by the board of directors and management of the organization prior to being filed.”

Form 990, Part VI, Section B, Line 12C

“The organization holds annual organizational meetings. The officers and directors are required to disclose any interests that could give rise to conflicts at this meeting.”

Form 990, Part VI, Section B, Line 15

“All compensation for officers and directors is reviewed and approved by the board.”

Form 990, Part VI, Section C, Line 19

“The organization's articles of incorporation, by-laws, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Kcera Property Inc
EIN
80-0309253
Phone
6618683790
Address
11125 RIVER RUN BLVD, BAKERSFIELD, CA 93311

Signing Officer

Name
Rick Kratt
Title
President
Phone
6618683750
Signed
2023-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Kratt
Formed
2008
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Cbiz Mhm LLC
Address
5060 CALIFORNIA AVE SUITE 800, BAKERSFIELD, CA 93309
Preparer
Kevin S Jones
Phone
6613257500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Repairs & maintenance 1,850. Appraisal services 1,400. Landscaping 2,160.”

FORM 990, PART XI, LINE 9:

“Less distributions to kcera -500,000.”

FORM 990, PART XII, LINE 2C: FINANCIAL STATEMENTS AND REPORTING:

“There was no change in the oversight process or selection process during the year.”

Financial Statement Notes

FORM 990 PART X, LINE 10A; SCHEDULE D PART VI, LINES 1A & 1B

“In the books and records of the taxpayer, the land and building reported on part x of form 990 and on schedule d part vi is considered an investment. In order to be consistent with the books and records the taxpayer has also reported the land and building as an investment on the tax return.”

Raw XML Appendix363 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/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03967
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01893
IRS990/AccountsReceivableGrp/BOYAmt024230
IRS990/AccountsReceivableGrp/EOYAmt01669
IRS990/AcctCompileOrReviewBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0OWNS AND RENTS AN OFFICE BLDG TO KERN COUNTY EMPLOYEES'RETIREMENT ASSOCIATION, ITS 100% OWNER.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ANGELA KRUGER
IRS990/BooksInCareOfDetail/PhoneNum06618683757
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt011125 RIVER RUN BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0BAKERSFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd093311
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01162
IRS990/CYOtherExpensesAmt028019
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0367239
IRS990/CYRevenuesLessExpensesAmt0340382
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt028019
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0368401
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0RENTAL OF OFFICE BUILDING TO 100% SHAREHOLDER THE KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION, A DEFINED BENEFIT PUBLIC PENSION PLAN
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt022609
IRS990/FeesForServicesOtherGrp/TotalAmt05410
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
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/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0DAVID COUCH
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBB SEIBLY
IRS990/Form990PartVIISectionAGrp/PersonNm2RICK KRATT
IRS990/Form990PartVIISectionAGrp/PersonNm3DUSTIN CONTRERAS
IRS990/Form990PartVIISectionAGrp/PersonNm4JORDAN KAUFMAN
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/TitleTxt0SECRETARY AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY AND DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CFO AND DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0368401
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01162
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01162
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05057555
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05295020
IRS990/LandBldgEquipCostOrOtherBssAmt05295020
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0KCERA PROPERTY, INC. OWNS LAND AND AN OFFICE BUILDING THAT IT RENTS BACK TO ITS 100% SHAREHOLDER, KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION, WHICH IS A DB PUBLIC PENSION PLAN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05760456
IRS990/NetAssetsOrFundBalancesEOYAmt05600838
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05760456
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt05600838
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-500000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICK KRATT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0REAL PROPERTY RENTS FR
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0367239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0367239
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0914
IRS990/PYOtherExpensesAmt019640
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0367239
IRS990/PYRevenuesLessExpensesAmt0348072
IRS990/PYSalariesCompEmpBnftPaidAmt0441
IRS990/PYTotalExpensesAmt020081
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0368153
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0340382
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0682638
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0306042
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04417209
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt04417209
IRS990ScheduleD/LandGrp/BookValueAmt0877811
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0877811
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN THE BOOKS AND RECORDS OF THE TAXPAYER, THE LAND AND BUILDING REPORTED ON PART X OF FORM 990 AND ON SCHEDULE D PART VI IS CONSIDERED AN INVESTMENT. IN ORDER TO BE CONSISTENT WITH THE BOOKS AND RECORDS THE TAXPAYER HAS ALSO REPORTED THE LAND AND BUILDING AS AN INVESTMENT ON THE TAX RETURN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 PART X, LINE 10A; SCHEDULE D PART VI, LINES 1A & 1B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05295020
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SHAREHOLDER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0367239
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION RENTS THE BUILDING OWNED BY KCERA PROPERTY, INC.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0KCERA PROPERTY, INC. BOARD MEMBERS ARE ALSO BOARD MEMBERS FOR KERN COUNTY RETIREMENT ASSOCIATION.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCH L PART IV, LINE (A)
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION OWNS 100% OF THE STOCK OF KCERA PROPERTY, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WAS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND WAS REVIEWED BY THE BOARD OF DIRECTORS AND MANAGEMENT OF THE ORGANIZATION PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HOLDS ANNUAL ORGANIZATIONAL MEETINGS. THE OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS AT THIS MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION FOR OFFICERS AND DIRECTORS IS REVIEWED AND APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5REPAIRS & MAINTENANCE 1,850. APPRAISAL SERVICES 1,400. LANDSCAPING 2,160.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6LESS DISTRIBUTIONS TO KCERA -500,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C: FINANCIAL STATEMENTS AND REPORTING:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0COUNTY OF KERN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1COUNTY OF KERN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0401(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1115
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PENSION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1MUNICIPALITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt011125 RIVER RUN BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt111125 RIVER RUN BLVD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BAKERSFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1BAKERSFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd093311
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd193311
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0367239
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt19829
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1DETERMINED BY KCERA BOD
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2DETERMINED BY KCERA BOD
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3KERN COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0J
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1N
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3Q
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05764423
IRS990/TotalAssetsEOYAmt05602731
IRS990/TotalAssetsGrp/BOYAmt05764423
IRS990/TotalAssetsGrp/EOYAmt05602731
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt028019
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03967
IRS990/TotalLiabilitiesEOYAmt01893
IRS990/TotalLiabilitiesGrp/BOYAmt03967
IRS990/TotalLiabilitiesGrp/EOYAmt01893
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05760456
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05600838
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt0367239
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0368401
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0368401
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05764423
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05602731
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt011125 RIVER RUN BLVD
IRS990/USAddress/CityNm0BAKERSFIELD
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd093311
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.KCERA.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICK KRATT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06618683750
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KCERA PROPERTY INC
ReturnHeader/Filer/BusinessNameControlTxt0KCER
ReturnHeader/Filer/EIN0800309253
ReturnHeader/Filer/PhoneNum06618683790
ReturnHeader/Filer/USAddress/AddressLine1Txt011125 RIVER RUN BLVD
ReturnHeader/Filer/USAddress/CityNm0BAKERSFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093311
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0330737981
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ MHM LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05060 CALIFORNIA AVE SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BAKERSFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093309
ReturnHeader/PreparerPersonGrp/PhoneNum06613257500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN S JONES
ReturnHeader/ReturnTs02023-05-15T19:12:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KRATT
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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
$5,602,731
Liabilities
$1,893
Net assets
$5,600,838
Revenue
$368,401
Expenses
$28,019
Net income
$340,382
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.19$5.31$5.12
2022Detailed filing. Detailed filing data is available for this year.$5.60$0.00$5.60$0.37$0.03$0.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$0.00$5.76$0.37$0.02$0.35
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.41$0.00$5.41$0.34$0.02$0.32
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$0.15$5.09$0.33$0.02$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$0.04$4.96$0.33$0.02$0.31
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.20$0.30$4.90$0.33$0.03$0.30
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.21$0.30$4.90$0.33$0.02$0.31
2015Detailed filing. Detailed filing data is available for this year.$5.17$0.28$4.89$0.31$0.01$0.29
2014Detailed filing. Detailed filing data is available for this year.$5.17$0.29$4.88$0.30$0.01$0.29
2013Detailed filing. Detailed filing data is available for this year.$5.27$0.39$4.88$0.30$0.01$0.29
2012Summary only. Only limited summary data is available for this year.$4.98$0.00$4.98$0.30$0.03$0.27
2011Summary only. Only limited summary data is available for this year.$4.94$0.00$4.94$0.30$0.02$0.28
2010Summary only. Only limited summary data is available for this year.$4.94$0.03$4.91$0.07$0.04$0.03