Form 990 for tax year 2023
Filed by COME TOGETHER PROPERTY MANAGEMENT LLC.
Totals
- Total revenue
- $807,677
- Total expenses
- $3,306
- Contributions and grants received
- $697,457
- Grants paid
- $0
- Program service revenue
- $4,048
- Investment income
- $106,172
- Other revenue
- $0
- Total assets, end of year
- $225,392
- Total liabilities, end of year
- $214,207
- Net assets or fund balances, end of year
- $11,185
- Program services expenses (Part IX)
- $3,306
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,306
Program services were 100.0% 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)
$697,457
-
2a · Program service revenue: Property Management
total $4,048 · related or exempt $4,048
-
3 · Investment income
total $106,172 · excluded $106,172
-
10a · Gross sales of inventory
$26,973
-
10b · Cost of goods sold
$26,973
-
10c · Net income from sales of inventory
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
24a · Other expenses: Other expenses
total $3,306 · program services $3,306
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $44,376 · end of year $36,322
-
4 · Accounts receivable
beginning of year $74,092 · end of year $189,070
-
17 · Accounts payable and accrued expenses
beginning of year $139,812 · end of year $19,519
-
25 · Other liabilities
beginning of year $771,842 · end of year $194,688
-
27 · Net assets without donor restrictions
beginning of year -$793,186 · end of year $11,185
Mission and programs · 2023
Mission
The purpose of CTPM is to provide quality maintenance and housekeeping services at a fair market rate to Penny Lane and other non profits.
Activities or mission (Part I)
The purpose of Come Together Property Management ("CTPM") is to provide quality maintenance and housekeeping services at a fair market rate to Penny Lane and other non profits.
-
CTPM provides property management to single family homes, a large residential facility and office space of over 91,000 square feet in multiple locations throughout Los Angeles County.
Expenses $3,306 · Revenue $4,048
As filed on the 2023 return.
Listed in Part VII
-
Adrienne S Khorasanee
President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Katrina Rosale
Vice President
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Sam Melehani
Treasurer (end 12/23)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bruce Hector MD
Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathryn Bailey-Cunningham
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rocky DeAngelis
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Annick Hamon
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Anthony Lee
Board Member (end 6/24)
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Janine Newman
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathi Atkinson
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James Ocon
Board Member
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
Morgan Hakimi PhD
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alex Wheeler
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Wendy Carpenter
CEO
- Total calculated
- $391,697
- From this org
- $0
- From related orgs
- $374,433
- Other
- $17,264
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $357,846 related
- Bonus
- $0 + $16,587 related
- Other
- $0
- Deferred
- $0 + $6,600 related
- Nontaxable benefits
- $0 + $10,664 related
- Filer's total
- $0 + $391,697 related
-
Bernie La Fianza
Chief Financial Officer
- Total calculated
- $303,265
- From this org
- $0
- From related orgs
- $287,109
- Other
- $16,156
- Hours/week
- 6 + 34 related
Schedule J breakdown matched by us
- Base
- $0 + $269,110 related
- Bonus
- $0 + $17,999 related
- Other
- $0
- Deferred
- $0 + $5,475 related
- Nontaxable benefits
- $0 + $10,681 related
- Filer's total
- $0 + $303,265 related
-
Rosana La Fianze
Chief Operations Officer
- Total calculated
- $304,090
- From this org
- $0
- From related orgs
- $287,574
- Other
- $16,516
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $0 + $270,450 related
- Bonus
- $0 + $17,124 related
- Other
- $0
- Deferred
- $0 + $5,492 related
- Nontaxable benefits
- $0 + $11,024 related
- Filer's total
- $0 + $304,090 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- There was no change from prior year in the process of determining compensation for the organization's top management officials and employees. The board evaluates the CEO and CFO annually. The Executive Director has a contract which determines the amount of her increases annually. The following are used by the organization to establish the compensation of the organization's CEO: 1. Compensation survey, and 2. Approval by the board or compensation committee.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
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) · Community Youth & Family Support · CA
-
501(c)(3) · Low Income Housing Development · CA
Directly controlled by Penny Lane Centers
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 7 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521279349303722
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