Totals
- Total revenue
- $3,552,892
- Total expenses
- $2,986,241
- Contributions and grants received
- $2,370,316
- Grants paid
- $0
- Program service revenue
- $1,156,718
- Investment income
- $25,858
- Other revenue
- $0
- Total assets, end of year
- $3,856,537
- Total liabilities, end of year
- $5,230,805
- Net assets or fund balances, end of year
- -$1,374,268
- Program services expenses (Part IX)
- $2,832,730
- Management and general expenses
- $153,511
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,832,730
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.
-
1e · Government grants (contributions)
$2,370,316
-
2a · Program service revenue: TENANT RENTS
total $1,037,710 · related or exempt $1,037,710
-
2b · Program service revenue: CABLE CHARGES
total $75,559 · related or exempt $75,559
-
2c · Program service revenue: LAUNDRY INCOME
total $30,388 · related or exempt $30,388
-
2d · Program service revenue: TENANT CHARGES
total $10,440 · related or exempt $10,440
-
2e · Program service revenue: MISCELLANEOUS INCOME
total $2,621 · related or exempt $2,621
-
3 · Investment income
total $25,858 · excluded $25,858
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $724,528 · program services $724,528
-
8 · Pension plan contributions
total $113 · program services $113
-
9 · Other employee benefits
total $79,866 · program services $79,866
-
10 · Payroll taxes
total $56,621 · program services $56,621
-
11a · Fees: management
total $141,120 · management and general $141,120
-
11b · Fees: legal
total $8,345 · program services $8,345
-
11c · Fees: accounting
total $12,391 · management and general $12,391
-
11g · Fees: other
total $13,279 · program services $13,279
-
12 · Advertising and promotion
total $1,965 · program services $1,965
-
13 · Office expenses
total $67,968 · program services $67,968
-
14 · Information technology
total $39,487 · program services $39,487
-
16 · Occupancy
total $1,559,415 · program services $1,559,415
-
22 · Depreciation, depletion and amortization
total $188,889 · program services $188,889
-
23 · Insurance
total $4,014 · program services $4,014
-
24a · Other expenses: MISCELLANEOUS EXPENSE
total $32,226 · program services $32,226
-
24b · Other expenses: MORTGAGE INSURANCE PREM
total $22,819 · program services $22,819
-
24c · Other expenses: WORKERS COMPENSATION
total $18,123 · program services $18,123
-
24d · Other expenses: DEBT ISSUANCE COSTS
total $8,183 · program services $8,183
-
24e · All other expenses
total $6,889 · program services $6,889
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $311,078 · end of year $526,526
-
2 · Savings and temporary cash investments
beginning of year $1,168,168 · end of year $1,528,176
-
4 · Accounts receivable
beginning of year $30,589 · end of year $41,758
-
9 · Prepaid expenses and deferred charges
beginning of year $221,492 · end of year $199,558
-
10a · Land, buildings and equipment: cost or other basis
$8,336,407
-
10b · Land, buildings and equipment: accumulated depreciation
$6,812,152
-
10c · Land, buildings and equipment, net
beginning of year $1,262,028 · end of year $1,524,255
-
11 · Investments: publicly traded securities
beginning of year $259,365 · end of year $29,264
-
15 · Other assets
beginning of year $7,000 · end of year $7,000
-
17 · Accounts payable and accrued expenses
beginning of year $155,754 · end of year $206,753
-
19 · Deferred revenue
beginning of year $7,960 · end of year $5,732
-
23 · Secured mortgages and notes payable
beginning of year $4,947,085 · end of year $4,926,852
-
25 · Other liabilities
beginning of year $90,182 · end of year $91,468
-
27 · Net assets without donor restrictions
beginning of year -$1,941,261 · end of year -$1,374,268
Mission and programs · 2025
Mission
THE CORPORATION WAS FORMED TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING.
-
THE CORPORATION WAS ORGANIZED TO DEVELOP, OWN AND OPERATE AN APARTMENT COMPLEX CONSISTING OF 196 RENTAL UNITS FOR LOW-INCOME SENIORS IN CONCORD, CALIFORNIA.
Expenses $2,832,730 · Revenue $1,156,718
As filed on the 2025 return.
Listed in Part VII
-
Frank FribleyFRANK FRIBLEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marilyn WollenweberMARILYN WOLLENWEBER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Judy FisherJUDY FISHER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Wayne MatzenWAYNE MATZEN
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Claudia MaciasCLAUDIA MACIAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marisa NeelonMARISA 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.
-
501(C)(3) · LOW-INCOME HOUSING · CA
Directly controlled by 1ST PRESBYTERIAN CHURCH OF CONCORD
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 24 August 2026
- IRS schema version
- 2025v4.2
- Source object
- 202632369349301273
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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