Moreno Valley Housing Corporation in Pasadena, California (CA)

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Moreno Valley Housing Corporation
Employer Identification Number (EIN)954400374
Name of OrganizationMoreno Valley Housing Corporation
Address1300 E Green St, Pasadena, CA 91106-2606
ActivitiesDescribed in section 509(a)(2) of the Code, Low income housing
SubsectionCharitable Organization
Ruling Date01/1995
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,689,815
Amount of Income$203,557
Form 990 Revenue Amount$203,557
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Public Housing Facilities


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Amount of income in 2012: $203,557 (it was $169,103 in 2011)
Moreno Valley Housing Corporation: 

 $203,557
Other organizations performing similar types of work: 

 $203,557

Assets in 2012: $1,689,815 (it was $1,803,843 in 2011)
Moreno Valley Housing Corporation: 

 $1,689,815
Other organizations performing similar types of work: 

 $1,538,785

Financial snapshot ($)

Revenue for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$169,103
Contributions, Gifts, Grants and Other Similar Amounts$99,858
Program Service Revenue$68,247
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$84
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$914
Statement of Functional Expenses (for 2011)
Total functional expenses$318,930
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$318,930
Balance Sheet (for 2011)
Total assets$1,803,843
Total liabilities$3,629,941
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$3,445,016
Unsecured notes and loans payable to unrelated third parties$0
Other$184,925
Total net assets or fund balances$-1,826,098
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$593,221
Gifts, grants, contributions, and membership fees received$591,776
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,445
Gross receipts from related activities, etc.$327,480
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Alder Terrace Housing Association107 W 11th Avenue, Ellensburg, WA 98926WA1995-01$285,034
2Moreno Valley Housing Corporation1300 E Green St, Pasadena, CA 91106-2606CA1995-01$203,557
3Park Place Of Alliance Inc1214 Market Ave N, Canton, OH 44714-2604OH1994-04$75,642
4Edinburg Housing Opportunity Corporation910 S Sugar Rd, Edinburg, TX 78539-7413TX1996-05$23,207
Number of organizations performing similar types of work
California1
Missouri1
Ohio1
Texas1
Washington1
Total5

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