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Nonprofiteer
← CONCORD PLAZA TOWER INC

Form 990 for tax year 2025

Filed by CONCORD PLAZA TOWER INC.

Totals

Total revenue
$1,346,899
Total expenses
$1,560,337
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,332,367
Investment income
$14,532
Other revenue
$0
Total assets, end of year
$3,977,147
Total liabilities, end of year
$5,888,263
Net assets or fund balances, end of year
-$1,911,116
Program services expenses (Part IX)
$1,480,326
Management and general expenses
$80,011
Fundraising expenses
$0
Program service expenses (Part III)
$1,480,326

Program services were 94.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: TENANT RENTS

    total $1,277,317 · related or exempt $1,277,317

  • 2b · Program service revenue: MISCELLANEOUS INCOME

    total $55,050 · related or exempt $55,050

  • 3 · Investment income

    total $14,532 · excluded $14,532

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $291,345 · program services $291,345

  • 8 · Pension plan contributions

    total $113 · program services $113

  • 9 · Other employee benefits

    total $32,847 · program services $32,847

  • 10 · Payroll taxes

    total $22,379 · program services $22,379

  • 11a · Fees: management

    total $69,120 · management and general $69,120

  • 11b · Fees: legal

    total $2,321 · program services $2,321

  • 11c · Fees: accounting

    total $10,891 · management and general $10,891

  • 13 · Office expenses

    total $22,409 · program services $22,409

  • 14 · Information technology

    total $20,266 · program services $20,266

  • 16 · Occupancy

    total $739,808 · program services $739,808

  • 22 · Depreciation, depletion and amortization

    total $317,721 · program services $317,721

  • 23 · Insurance

    total $570 · program services $570

  • 24a · Other expenses: MISCELLANEOUS EXPENSES

    total $17,146 · program services $17,146

  • 24b · Other expenses: WORKERS COMPENSATION

    total $6,848 · program services $6,848

  • 24c · Other expenses: MORTGAGE INSURANCE PREM

    total $6,553 · program services $6,553

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $92,864 · end of year $505,095

  • 2 · Savings and temporary cash investments

    beginning of year $1,102,797 · end of year $397,682

  • 4 · Accounts receivable

    beginning of year $10,043 · end of year $22,161

  • 9 · Prepaid expenses and deferred charges

    beginning of year $140,472 · end of year $124,308

  • 10a · Land, buildings and equipment: cost or other basis

    $12,257,899

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,722,851

  • 10c · Land, buildings and equipment, net

    beginning of year $2,212,889 · end of year $2,535,048

  • 11 · Investments: publicly traded securities

    beginning of year $314,827 · end of year $392,853

  • 17 · Accounts payable and accrued expenses

    beginning of year $268,288 · end of year $572,863

  • 19 · Deferred revenue

    beginning of year $2,510 · end of year $5,262

  • 23 · Secured mortgages and notes payable

    beginning of year $5,237,878 · end of year $5,206,143

  • 25 · Other liabilities

    beginning of year $98,248 · end of year $103,995

  • 27 · Net assets without donor restrictions

    beginning of year -$1,733,032 · end of year -$1,911,116

Mission and programs · 2025

Mission

TO PROVIDE ELDERLY PERSONS WITH HOUSING, FACILITIES AND SERVICES ESPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING; AND TO ENGAGE IN ANY OTHER CHARITABLE ACTIVITY.

  • THE CORPORATION WAS ORGANIZED TO DEVELOP, OWN AND OPERATE AN APARTMENT COMPLEX CONSISTING OF 96 RENTAL UNITS FOR LOW-INCOME SENIORS IN CONCORD, CALIFORNIA.

    Expenses $1,480,326 · Revenue $1,332,367

As filed on the 2025 return.

Listed in Part VII

  • Frank Fribley

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Marilyn Wollenweber

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Judy Fisher

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Wayne Matzen

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Claudia Macias

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Marisa Neelon

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CONCORD HOMES INC

    501(C)(3) · LOW-INCOME HOUSING · CA

    Directly controlled by 1ST PRESBYTERIAN CHURCH OF CONCORD

Provenance

Return type
form_990
Tax year
2025
Filed
13 July 2026
IRS schema version
2025v4.2
Source object
202641959349301014

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