Nonprofit · EIN 20-2322652
PRESERVE MASTER COMMUNITY CORPORATION
Tax-exempt · IRVINE, CA 92618
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,865,201 | $2,672,742 | $192,459 | $3,334,943 | $265,097 | $3,069,846 |
| June 30, 2024 | 990 | $2,742,640 | $2,518,502 | $224,138 | $3,103,910 | $270,591 | $2,833,319 |
| June 30, 2023 | 990 | $2,226,822 | $2,038,587 | $188,235 | $2,827,377 | $285,374 | $2,542,003 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,573,746
- Investment income
- $108,322
- Other revenue
- $183,133
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $40,637
- Accounting fees
- $2,165
- Program services (functional)
- $2,118,769
- Management and general (functional)
- $553,973
Balance sheet and other
- Total assets, start of year
- $3,103,910
- Total assets, end of year
- $3,334,943
- Total liabilities, end of year
- $265,097
- Net assets, end of year
- $3,069,846
- Gross receipts
- $2,865,201
- Employees
- 0
- Year formed
- 2004
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYANT MOK | MEMBER-AT-LA Trustee or director | 3 | $0 |
| SCOTT ATKINS | SECRETARY Officer | 3 | $0 |
| DARIUS FATAKIA | VICE PRESIDE Officer | 3 | $0 |
| PAT LOY | PRESIDENT Officer | 3 | $0 |
| JASON WONG | TREASURER Officer | 3 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYANT MOK | MEMBER-AT-LA Trustee or director | 3 | $0 |
| SCOTT ATKINS | SECRETARY Officer | 3 | $0 |
| DARIUS FATAKIA | VICE PRESIDE Officer | 3 | $0 |
| PAT LOY | PRESIDENT Officer | 3 | $0 |
| JASON WONG | TREASURER Officer | 3 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRYANT MOK | MEMBER-AT-LA Trustee or director | 3 | $0 |
| SCOTT ATKINS | SECRETARY Officer | 3 | $0 |
| DARIUS FATAKIA | VICE PRESIDE Officer | 3 | $0 |
| PAT LOY | PRESIDENT Officer | 3 | $0 |
| JASON WONG | TREASURER Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 15241 LAGUNA CANYON RD, IRVINE, CA 92618-3146
- In care of
- % MERIT PROPERTY MANAGEMENT
- Principal officer (990 for 2024)
- PAT LOY, 15241 LAGUNA CANYON ROAD, IRVINE, CA 92618
- Signed the 990
- PAT LOY, PRESIDENT
- Phone
- (949) 448-6000
- Return prepared by
- VANDERPOL AND COMPANY
California records
California keeps its own records of charities and corporations. Search them by EIN 20-2322652 or by the name PRESERVE MASTER COMMUNITY CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO MAINTAIN RECREATIONAL FACILITIES AND OTHER COMMON AREAS ACCESSIBLE TO COMMUNITY MEMBERS AND THE PUBLIC.
Program accomplishments
- THE ASSOCIATION WAS CREATED IN ORDER TO MAINTAIN COMMUNITY RECREATIONAL FACILITIES, CERTAIN COMMON EXPENSES, AND COMMON LANDSCAPE AREAS FOR THE BENEFIT AND WELFARE OF A COMMUNITY AREA KNOWN AS THE PRESERVE. THE PRESERVE IS A MASTER PLANNED COMMUNITY ENCOMPASSING OVER 1,000 ACRES INCLUDING APPROXIMATELY 33 ACRES DEVOTED TO PARKS. AT BUILD OUT THE ASSOCIATION WILL INCLUDE 8,104 HOMES.Expenses $2,118,769 · revenue $2,573,746
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2322652
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L50)
- Assets (IRS master file)
- $3,334,943
- Income (IRS master file)
- $2,865,201
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,865,201 | $2,672,742 | $3,334,943 | XML |
| 990 | June 2024 | $2,742,640 | $2,518,502 | $3,103,910 | XML |
| 990 | June 2023 | $2,226,822 | $2,038,587 | $2,827,377 | XML |
| 990 | June 2022 | $1,831,343 | $1,896,169 | $2,409,175 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-2322652).
Questions about PRESERVE MASTER COMMUNITY CORPORATION
- What is the EIN of PRESERVE MASTER COMMUNITY CORPORATION?
- The employer identification number (EIN) of PRESERVE MASTER COMMUNITY CORPORATION is 20-2322652.
- Is PRESERVE MASTER COMMUNITY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2005.
- Are donations to PRESERVE MASTER COMMUNITY CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PRESERVE MASTER COMMUNITY CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRESERVE MASTER COMMUNITY CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRESERVE MASTER COMMUNITY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PRESERVE MASTER COMMUNITY CORPORATION?
- The 990 for the year ended June 30, 2025 names PAT LOY.
- Who are the officers and directors of PRESERVE MASTER COMMUNITY CORPORATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PRESERVE MASTER COMMUNITY CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,865,201, expenses of $2,672,742 and total assets of $3,334,943 at year end.
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