Civic Intelligence

The Salvation Army Glendale Residences Inc

EIN 95-4605502 • 501(c)3 • Rancho Palos Verdes, CA

Profile

The salvation army glendale residences inc is a non-profit apartment complex that provides subsidized housing to low income elderly or handicapped persons.

30840 Hawthorne BlvdRancho Palos Verdes, CA 90275
Siviq Scores

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

Liabilities / Assets

77th percentile

0.45x

Higher debt load relative to assets than 77% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

3.95x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

13th percentile

-20%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$323,220

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 48.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

27th percentile

-2.5%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.0%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$5,809,403

Down $146,678 (-2.5%) from 2023

Liabilities

Down

$2,627,200

Down $13,548 (-0.5%) from 2023

Net Assets

Down

$3,182,203

Down $133,130 (-4.0%) from 2023

Revenue

Up

$665,455

Up $49,373 (+8.0%) from 2023

Expenses

Down

$798,585

Down $82,621 (-9.4%) from 2023

Net Income

Up

-$133,130

Up $131,994 (+50%) from 2023

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,569,409Liabilities 2011: $2,277,655Net Assets 2011: $5,291,7542011Assets 2012: $7,379,549Liabilities 2012: $2,275,924Net Assets 2012: $5,103,6252012Assets 2013: $7,139,282Liabilities 2013: $2,306,006Net Assets 2013: $4,833,2762013Assets 2014: $6,976,655Liabilities 2014: $2,341,825Net Assets 2014: $4,634,8302014Assets 2015: $6,760,613Liabilities 2015: $2,305,527Net Assets 2015: $4,455,0862015Assets 2016: $6,935,240Liabilities 2016: $2,284,618Net Assets 2016: $4,650,6222016Assets 2017: $6,598,575Liabilities 2017: $2,288,642Net Assets 2017: $4,309,9332017Assets 2018: $6,429,190Liabilities 2018: $2,307,671Net Assets 2018: $4,121,5192018Assets 2019: $6,297,817Liabilities 2019: $2,312,727Net Assets 2019: $3,985,0902019Assets 2020: $6,105,478Liabilities 2020: $2,314,600Net Assets 2020: $3,790,8782020Assets 2021: $5,982,705Liabilities 2021: $2,325,279Net Assets 2021: $3,657,4262021Assets 2022: $5,872,843Liabilities 2022: $2,292,386Net Assets 2022: $3,580,4572022Assets 2023: $5,956,081Liabilities 2023: $2,640,748Net Assets 2023: $3,315,3332023Assets 2024: $5,809,403Liabilities 2024: $2,627,200Net Assets 2024: $3,182,2032024

Highlighted filing

2024

Assets$5,809,403
Liabilities$2,627,200
Net Assets$3,182,203

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $437,763Expenses 2011: $710,301Net Income 2011: -$272,5382011Revenue 2012: $464,970Expenses 2012: $653,099Net Income 2012: -$188,1292012Revenue 2013: $472,495Expenses 2013: $742,844Net Income 2013: -$270,3492013Revenue 2014: $492,066Expenses 2014: $690,512Net Income 2014: -$198,4462014Revenue 2015: $503,538Expenses 2015: $683,282Net Income 2015: -$179,7442015Revenue 2016: $853,006Expenses 2016: $657,470Net Income 2016: $195,5362016Revenue 2017: $513,781Expenses 2017: $854,470Net Income 2017: -$340,6892017Revenue 2018: $516,582Expenses 2018: $704,996Net Income 2018: -$188,4142018Revenue 2019: $537,406Expenses 2019: $673,835Net Income 2019: -$136,4292019Revenue 2020: $571,700Expenses 2020: $765,912Net Income 2020: -$194,2122020Revenue 2021: $605,987Expenses 2021: $739,439Net Income 2021: -$133,4522021Revenue 2022: $630,281Expenses 2022: $707,250Net Income 2022: -$76,9692022Revenue 2023: $616,082Expenses 2023: $881,206Net Income 2023: -$265,1242023Revenue 2024: $665,455Expenses 2024: $798,585Net Income 2024: -$133,1302024

Highlighted filing

2024

Revenue$665,455
Expenses$798,585
Net Income-$133,130

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.81$2.63$3.18$0.67$0.80$0.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.96$2.64$3.32$0.62$0.88$0.27
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.87$2.29$3.58$0.63$0.71$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.98$2.33$3.66$0.61$0.74$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.11$2.31$3.79$0.57$0.77$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.30$2.31$3.99$0.54$0.67$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.43$2.31$4.12$0.52$0.70$0.19
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.60$2.29$4.31$0.51$0.85$0.34
2016Detailed filing. Detailed filing data is available for this year.$6.94$2.28$4.65$0.85$0.66$0.20
2015Summary only. Only limited summary data is available for this year.$6.76$2.31$4.46$0.50$0.68$0.18
2014Summary only. Only limited summary data is available for this year.$6.98$2.34$4.63$0.49$0.69$0.20
2013Summary only. Only limited summary data is available for this year.$7.14$2.31$4.83$0.47$0.74$0.27
2012Summary only. Only limited summary data is available for this year.$7.38$2.28$5.10$0.46$0.65$0.19
2011Summary only. Only limited summary data is available for this year.$7.57$2.28$5.29$0.44$0.71$0.27
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
May 6, 2025
Return Version
2023v6.0
Gross Receipts
$665,455
Mission and Program Overview

Mission

The salvation army glendale residences inc is a non-profit apartment complex that provides subsidized housing to low income elderly or handicapped persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,027,516$4,824,771▼ $202,745
Savings and Temporary Cash Investments$607,907$646,883▲ $38,976
Cash and Non-Interest-Bearing Accounts$279,158$274,164▼ $4,994
Accounts Receivable$41,500$63,585▲ $22,085
Total Assets$5,956,081$5,809,403▼ $146,678
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,030,000$2,030,000→ $0
Accounts Payable and Accrued Expenses$387,741$372,411▼ $15,330
Unsecured Notes Loans Payable$203,101$203,101→ $0
Other Liabilities$19,906$21,688▲ $1,782
Total Liabilities$2,640,748$2,627,200▼ $13,548
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,203,888$3,070,758▼ $133,130
Net Assets With Donor Restrictions$111,445$111,445→ $0
Total Net Assets Fund Balance$3,315,333$3,182,203▼ $133,130
Total Liabilities and Net Assets / Fund Balance$5,956,081$5,809,403▼ $146,678

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,122,398$4,891,142$8,013,540
Land$1,700,000-$1,700,000
Equipment$2,373$144,214$146,587
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kelly PonslerTreasurer$102,169$102,169
Eddie VincentVP$90,938$90,938
Genevera VincentDirector$90,938$90,938
Ivan WildDirector$82,670$82,670
Jennifer WildDirector$82,670$82,670

Board Members and Trustees

NameTitle
Kenneth HodderChairman
Douglas RileyPresident
Colleen RileyDirector
Debbie LumDirector
Philip LumDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$344,006
Program Service Revenue
$298,493
Investment Income
$22,956
Other Revenue
$0
All Other Contributions
$50
Change in Net Assets
$-133,130

Audited Revenue Reconciliation

Revenue per Audited Statements
$665,455
Total Revenue per Audited Statements
$665,455
Total Revenue per Form 990
$665,455
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$625,261
Salaries, Compensation, and Employee Benefits$173,324
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$217,488--$217,488
Depreciation Depletion$211,368--$211,368
Other Salaries and Wages$124,340--$124,340
Insurance$72,852--$72,852
Fees for Services Management-$66,600-$66,600
Other Employee Benefits$39,745--$39,745
Office Expenses$26,841--$26,841
Fees for Services Accounting-$10,350-$10,350
Payroll Taxes$9,239--$9,239
Fees for Services Legal-$2,957-$2,957
Conferences and Meetings$1,801--$1,801
Other Expenses$884$11,700-$884
Total Functional Expenses$706,978$91,607$0$798,585

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$798,585
Total Expenses per Audited Statements$798,585
Total Expenses per Form 990$798,585
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits Payable$21,688
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Some directors are related by marriage.

Committee meeting documentation Part VI line 8B

No committees act on behalf of the governing body.

Form 990 governing body review Part VI line 11

The tax returns are reviewed by the legal department prior to filing.

Conflict of interest policy compliance Part VI line 12C

The internal audit department reviews for compliance with confilct of interest policy.

CEO executive director top management comp Part VI line 15A

All officers and directors are compensated by a related organization. (the salvation army western territory) compensation is determined based on years of experience and is reviewed and approved by national headquarters.

Other officer or key employee compensation Part VI line 15B

All officers and directors are compensated by a related organization. (the salvation army western territory) compensation is determined based on years of experience and is reviewed and approved by national headquarters.

Governing documents etc available to public Part VI line 19

The organization makes it governing documents available to the public upon request and approval by the board of directors.

Filing and Contact Details

Filer

Filer Name
The Salvation Army Glendale Residences Inc
EIN
95-4605502
Address
30840 HAWTHORNE BLVD, RANCHO PALOS VERDES, CA 90275

Signing Officer

Name
Kelly Pontsler
Title
Treasurer
Phone
5624918775
Signed
2025-05-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Riley
Formed
1995
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
2

Preparer

Firm
Freeman & Freeman CPAs
Address
2808 E Katella Avenue Ste 200, Orange, CA 92867
Preparer
Mark Freeman
Phone
7149748143
Raw XML AppendixShowing 400 of 469 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.

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IRS990/OtherExpensesGrp/Desc1BOOKKEEPING
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3MISC TAXES AND LICENSES
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IRS990/OtherExpensesGrp/ProgramServicesAmt2884
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0350989
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS PAYABLE
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IRS990ScheduleD/TotalExpensesPerForm990Amt0798585
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOUGLAS RILEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1COLLEEN RILEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2PHILIP LUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3DEBBIE LUM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SOME DIRECTORS ARE RELATED BY MARRIAGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO COMMITTEES ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TAX RETURNS ARE REVIEWED BY THE LEGAL DEPARTMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INTERNAL AUDIT DEPARTMENT REVIEWS FOR COMPLIANCE WITH CONFILCT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL OFFICERS AND DIRECTORS ARE COMPENSATED BY A RELATED ORGANIZATION. (THE SALVATION ARMY WESTERN TERRITORY) COMPENSATION IS DETERMINED BASED ON YEARS OF EXPERIENCE AND IS REVIEWED AND APPROVED BY NATIONAL HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL OFFICERS AND DIRECTORS ARE COMPENSATED BY A RELATED ORGANIZATION. (THE SALVATION ARMY WESTERN TERRITORY) COMPENSATION IS DETERMINED BASED ON YEARS OF EXPERIENCE AND IS REVIEWED AND APPROVED BY NATIONAL HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND APPROVAL BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE SALVATION ARMY SEE SCHEDULE
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