Civic Intelligence

Ocean View Foundation DBA Ocean View Plaza

990 • Fiscal year 2021 • EIN 94-1665936

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 29, 2022

Organization ProfileWWW.LESLEYFOUNDATION.ORG
701 Arnold WayHalf Moon Bay, CA 94019

(650) 726-4888

Siviq Scores

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

Liabilities / Assets

94th percentile

1.03x

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

6.68x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

50th percentile

13%

Higher net margin than 50% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2021

Asset Growth

27th percentile

0.9%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

30%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$8,971,988

Up $81,981 (+0.9%) from 2020

Net Assets

Up

-$239,383

Up $174,755 (+42%) from 2020

Liabilities

Down

$9,211,371

Down $92,774 (-1.0%) from 2020

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin50th percentile

Revenue

Up

$1,379,588

Up $317,869 (+30%) from 2020

Expenses

Up

$1,204,833

Up $63,768 (+5.6%) from 2020

Net Income

Up

$174,755

Up $254,101 (+320%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$10M$5.0M$0-$5.0MAssets 2010: $518,389Liabilities 2010: $178,453Net Assets 2010: $339,9362010Assets 2011: $516,241Liabilities 2011: $168,604Net Assets 2011: $347,6372011Assets 2012: $518,642Liabilities 2012: $181,119Net Assets 2012: $337,5232012Assets 2013: $484,924Liabilities 2013: $218,001Net Assets 2013: $266,9232013Assets 2014: $707,472Liabilities 2014: $454,091Net Assets 2014: $253,3812014Assets 2015: $2,399,053Liabilities 2015: $2,230,112Net Assets 2015: $168,9412015Assets 2016: $7,597,541Liabilities 2016: $7,519,939Net Assets 2016: $77,6022016Assets 2017: $9,880,191Liabilities 2017: $9,901,415Net Assets 2017: -$21,2242017Assets 2018: $9,474,838Liabilities 2018: $9,617,906Net Assets 2018: -$143,0682018Assets 2019: $9,117,799Liabilities 2019: $9,452,591Net Assets 2019: -$334,7922019Assets 2020: $8,890,007Liabilities 2020: $9,304,145Net Assets 2020: -$414,1382020Assets 2021: $8,971,988Liabilities 2021: $9,211,371Net Assets 2021: -$239,3832021Assets 2022: $8,865,948Liabilities 2022: $8,964,038Net Assets 2022: -$98,0902022Assets 2023: $8,749,091Liabilities 2023: $8,711,127Net Assets 2023: $37,9642023Assets 2024: $8,512,549Liabilities 2024: $8,292,323Net Assets 2024: $220,2262024

Highlighted filing

2021

Assets$8,971,988
Liabilities$9,211,371
Net Assets-$239,383
Open 2021 Filing

Operations Trend

Revenue Growth69th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $276,354Expenses 2010: $224,098Net Income 2010: $52,2562010Revenue 2011: $277,386Expenses 2011: $269,685Net Income 2011: $7,7012011Revenue 2012: $289,552Expenses 2012: $299,666Net Income 2012: -$10,1142012Revenue 2013: $289,420Expenses 2013: $360,020Net Income 2013: -$70,6002013Revenue 2014: $304,212Expenses 2014: $317,754Net Income 2014: -$13,5422014Revenue 2015: $288,451Expenses 2015: $372,891Net Income 2015: -$84,4402015Revenue 2016: $248,259Expenses 2016: $339,598Net Income 2016: -$91,3392016Revenue 2017: $827,685Expenses 2017: $1,105,320Net Income 2017: -$277,6352017Revenue 2018: $931,675Expenses 2018: $1,053,519Net Income 2018: -$121,8442018Revenue 2019: $936,293Expenses 2019: $1,128,017Net Income 2019: -$191,7242019Revenue 2020: $1,061,719Expenses 2020: $1,141,065Net Income 2020: -$79,3462020Revenue 2021: $1,379,588Expenses 2021: $1,204,833Net Income 2021: $174,7552021Revenue 2022: $1,412,276Expenses 2022: $1,270,983Net Income 2022: $141,2932022Revenue 2023: $1,457,282Expenses 2023: $1,321,228Net Income 2023: $136,0542023Revenue 2024: $1,481,415Expenses 2024: $1,299,153Net Income 2024: $182,2622024

Highlighted filing

2021

Revenue$1,379,588
Expenses$1,204,833
Net Income$174,755
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 29, 2022
Return Version
2021v4.0
Gross Receipts
$1,379,588
Mission and Program Overview

Mission

The organization's mission is to provide quality, affordable housing for senior citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,518,236$8,346,663▼ $171,573
Cash and Non-Interest-Bearing Accounts$19,399$217,592▲ $198,193
Prepaid Expenses and Deferred Charges$68,214$67,424▼ $790
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,890,007$8,971,988▲ $81,981
Other Assets Total$284,158$340,309▲ $56,151
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,187,720$8,083,657▼ $104,063
Other Liabilities$1,051,916$1,089,717▲ $37,801
Accounts Payable and Accrued Expenses$64,509$37,997▼ $26,512
Total Liabilities$9,304,145$9,211,371▼ $92,774
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-414,138$-239,383▲ $174,755
Total Net Assets Fund Balance$-414,138$-239,383▲ $174,755
Total Liabilities and Net Assets / Fund Balance$8,890,007$8,971,988▲ $81,981

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,277,466$1,528,078$9,805,544
Land$51,465-$51,465
Equipment$17,732$3,469$21,201
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Nancy AmayaDeputy E.d.PT$120,184$120,184

Board Members and Trustees

NameTitle
Sue WinksPresident
George MetropulosVice President
Catherine EvansExecutive Director
Michael KimMember
Naomi PatridgeMember
Tony VillanuevaMember
Linda AvelarSecretary
Sandy CouncilTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,069,937
Program Service Revenue
$309,634
Investment Income
$17
Other Revenue
$0
Change in Net Assets
$174,755

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,379,588
Revenue Not Reported on Form 990
$7,320
Total Revenue per Audited Statements
$1,386,908
Total Revenue per Form 990
$1,379,588
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,043,195
Salaries, Compensation, and Employee Benefits$161,638
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$363,059--$363,059
Depreciation Depletion$236,968--$236,968
Other Salaries and Wages$57,042$61,291-$118,333
Occupancy$104,634--$104,634
Fees for Services Management-$33,000-$33,000
Other Expenses$30,900--$30,900
Other Employee Benefits$13,542$14,550-$28,092
Office Expenses-$20,913-$20,913
Fees for Services Accounting-$17,795-$17,795
Payroll Taxes$4,156$4,466-$8,622
Pension Plan Contributions$3,177$3,414-$6,591
Total Functional Expenses$1,049,404$155,429$0$1,204,833

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,212,153
Expenses per Audited Statements$1,204,833
Total Expenses per Form 990$1,204,833
Expenses Not Reported on Form 990$7,320
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Note$903,612
Related Party Note Accrued Interest$162,286
Tenant Security Deposits$23,819
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A draft of the form is distributed to the board of directors for approval prior to submission.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Organization receives signed document from members that certifies no conflicts of interest occurred.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“The Organization has a policy that requires the analysis of compensation of the Executive Director on at least an annual basis. The salary shall be compared to equivalent organizations based on mission, budget size, job description and demands, or other factors specified by the Board of Directors. Based on the analysis, the Board shall conclude on whether the Executive Director's compensation is appropriate. Such analysis shall be documented and filed in the Corporation's records.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The financial statements, governing documents, and policies are all available upon request.”

Filing and Contact Details

Filer

Filer Name
Ocean View Foundation
EIN
94-1665936
Phone
6507264888
Address
701 ARNOLD WAY, HALF MOON BAY, CA 94019

Signing Officer

Name
Catherine Evans
Title
Executive Director
Signed
2022-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Catherine Evans
Formed
1968
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Doran & Associates
Address
70 MITCHELL BLVD Ste 102, San Rafael, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

PART I, LINE 5, Part V, Lines 1 & 2, & PART IX, LINES 7, 9, 10

“The ocean view foundation utilizes the contractors and staff of a related party, the lesley foundation. On an ongoing basis, the ocean view foundation reimburses the lesley foundation for contractor payments and staff payroll and benefit costs. All required payroll tax remittance and reporting is performed by the lesley foundation.”

Financial Statement Notes

Part X : FIN48 Footnote

“ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporation's exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.”

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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08083657
IRS990/NetAssetsOrFundBalancesBOYAmt0-414138
IRS990/NetAssetsOrFundBalancesEOYAmt0-239383
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-414138
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-239383
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0104634
IRS990/OccupancyGrp/TotalAmt0104634
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt020913
IRS990/OfficeExpensesGrp/TotalAmt020913
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0284158
IRS990/OtherAssetsTotalGrp/EOYAmt0340309
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt014550
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt013542
IRS990/OtherEmployeeBenefitsGrp/TotalAmt028092
IRS990/OtherExpensesGrp/Desc0TAXES AND INSURANCE
IRS990/OtherExpensesGrp/Desc1OPERATING AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE SUPPLIES
IRS990/OtherExpensesGrp/Desc3OPERATING RENT FREE UNIT
IRS990/OtherExpensesGrp/ProgramServicesAmt0105010
IRS990/OtherExpensesGrp/ProgramServicesAmt197266
IRS990/OtherExpensesGrp/ProgramServicesAmt233650
IRS990/OtherExpensesGrp/ProgramServicesAmt330900
IRS990/OtherExpensesGrp/TotalAmt0105010
IRS990/OtherExpensesGrp/TotalAmt197266
IRS990/OtherExpensesGrp/TotalAmt233650
IRS990/OtherExpensesGrp/TotalAmt330900
IRS990/OtherLiabilitiesGrp/BOYAmt01051916
IRS990/OtherLiabilitiesGrp/EOYAmt01089717
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061291
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt057042
IRS990/OtherSalariesAndWagesGrp/TotalAmt0118333
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04466
IRS990/PayrollTaxesGrp/ProgramServicesAmt04156
IRS990/PayrollTaxesGrp/TotalAmt08622
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03414
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03177
IRS990/PensionPlanContributionsGrp/TotalAmt06591
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt068214
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt067424
IRS990/PrincipalOfficerNm0CATHERINE EVANS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0309634
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0309634
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0781686
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0408
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01001809
IRS990/PYOtherRevenueAmt03815
IRS990/PYProgramServiceRevenueAmt0275810
IRS990/PYRevenuesLessExpensesAmt0-79346
IRS990/PYSalariesCompEmpBnftPaidAmt0139256
IRS990/PYTotalExpensesAmt01141065
IRS990/PYTotalRevenueAmt01061719
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0174755
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0309634
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01069937
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0781686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0651130
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02502753
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt017
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0408
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02626
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02473
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01357
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06881
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0309634
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0275810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0282471
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0928628
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0826257
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02622800
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt017
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0408
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02473
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01357
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06881
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00190
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99870
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal509Amt05125553
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01379571
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01057496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0933601
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0928628
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0826257
IRS990ScheduleA/Total509Grp/TotalAmt05125553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01379588
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01057904
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0936227
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0931101
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0827614
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05132434
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt08277466
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01528078
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt09805544
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt07320
IRS990ScheduleD/DonatedServicesUseFcltsAmt07320
IRS990ScheduleD/EquipmentGrp/BookValueAmt017732
IRS990ScheduleD/EquipmentGrp/DepreciationAmt03469
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021201
IRS990ScheduleD/ExpensesNotReportedAmt07320
IRS990ScheduleD/ExpensesSubtotalAmt01204833
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt051465
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt051465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0903612
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1162286
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt223819
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RELATED PARTY NOTE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RELATED PARTY NOTE ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt07320
IRS990ScheduleD/RevenueSubtotalAmt01379588
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporation's exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08346663
IRS990ScheduleD/TotalExpensesPerForm990Amt01204833
IRS990ScheduleD/TotalLiabilityAmt01089717
IRS990ScheduleD/TotalRevenuePerForm990Amt01379588
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01386908
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01212153
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationSurveyInd0X

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,971,988
Liabilities
$9,211,371
Net assets
-$239,383
Revenue
$1,379,588
Expenses
$1,204,833
Net income
$174,755
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.51$8.29$0.22$1.48$1.30$0.18
2023Detailed filing. Detailed filing data is available for this year.$8.75$8.71$0.04$1.46$1.32$0.14
2022Detailed filing. Detailed filing data is available for this year.$8.87$8.96$0.10$1.41$1.27$0.14
2021Detailed filing. Detailed filing data is available for this year.$8.97$9.21$0.24$1.38$1.20$0.17
2020Detailed filing. Detailed filing data is available for this year.$8.89$9.30$0.41$1.06$1.14$0.08
2019Detailed filing. Detailed filing data is available for this year.$9.12$9.45$0.33$0.94$1.13$0.19
2018Detailed filing. Detailed filing data is available for this year.$9.47$9.62$0.14$0.93$1.05$0.12
2017Detailed filing. Detailed filing data is available for this year.$9.88$9.90$0.02$0.83$1.11$0.28
2016Detailed filing. Detailed filing data is available for this year.$7.60$7.52$0.08$0.25$0.34$0.09
2015Detailed filing. Detailed filing data is available for this year.$2.40$2.23$0.17$0.29$0.37$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.71$0.45$0.25$0.30$0.32$0.01
2013Summary only. Only limited summary data is available for this year.$0.48$0.22$0.27$0.29$0.36$0.07
2012Summary only. Only limited summary data is available for this year.$0.52$0.18$0.34$0.29$0.30$0.01
2011Summary only. Only limited summary data is available for this year.$0.52$0.17$0.35$0.28$0.27$0.01
2010Summary only. Only limited summary data is available for this year.$0.52$0.18$0.34$0.28$0.22$0.05