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Nonprofit · EIN 20-3145206

SYNERGY COMMUNITY DEVELOPMENT CORPORATION

Tax-exempt (reinstated) · CULVER CITY, CA 90230

Financials

$376K$404K2023$2.9M$840K2024
Revenue Expenses · by fiscal year end
Financials of SYNERGY COMMUNITY DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,946,412$840,349$2,106,063$6,616,602$4,266,375$2,350,227
December 31, 2023990$376,314$403,515-$27,201$40,076$7,329$32,747
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$7,400
Program service revenue
$2,939,012
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$80,000
Salaries, compensation and benefits (total)
$84,709
Professional fundraising fees
$0
Occupancy
$2,073
Program services (functional)
$709,613
Management and general (functional)
$130,736

Balance sheet and other

Total assets, start of year
$40,076
Total assets, end of year
$6,616,602
Total liabilities, end of year
$4,266,375
Net assets, end of year
$2,350,227
Net assets without donor restrictions
$2,350,227
Gross receipts
$2,946,412
Employees
1
Volunteers
6
Year formed
2005
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BILL RICEPRESIDENT
Trustee or director, Officer
40$80,000
JASON HOBSONCHAIRMAN
Trustee or director, Officer
10$0
ADRIAN SCOTT FINESECRETARY
Trustee or director, Officer
10$0
MARIKO KONTOSTREASURER
Trustee or director, Officer
10$0
CARMEN JOHNSTONBOARD MEMBER
Trustee or director
5$0
MELISSA SIMON DISHAROONBOARD MEMBER
Trustee or director
5$0
VITOR FARONIBOARD MEMBER
Trustee or director
5$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Bill RicePresident
Trustee or director
5$67,692
Adrian Scott FineSecretary
Trustee or director
40$0
Mariko KontosTreasurer
Trustee or director
5$0
Don HerrmanBoard Member
Trustee or director
5$0
Carmen JohnstonBoard Member
Trustee or director
5$0
Melissa Simon DisharoonBoard Member
Trustee or director
5$0
Vitor FaroniDirector
Trustee or director
5$0
Jason HobsonChairman
Officer
10$0

Address and contacts

Address (IRS master file)
600 CORPORATE POINTE SUITE 215, CULVER CITY, CA 90230-7600
In care of
% JASON A HOBSON PRESIDENT
Mailing address (990-N for 2020)
6060 Center Drive Floor 10, Los Angeles CA 90045
Principal officer (990 for 2024)
MARIKO KONTOS, 6060 CENTER DRIVE FLOOR 10, LOS ANGELES, CA 90045
Principal officer (990-N for 2020)
Mariko Kontos, 6060 Center Drive Floor 10, Los Angeles CA 90045
Signed the 990
MARIKO KONTOS, TREASURER
Phone
(213) 235-9191
Return prepared by
BOWMAN & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 20-3145206 or by the name SYNERGY COMMUNITY DEVELOPMENT CORPORATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO PROVIDE HOUSING OPPORTUNITIES FOR POOR AND DISTRESSED PERSONS, TO ENGAGE IN THE REDEVELOPMENT AND REVITALIZATION OF NEIGHBORHOODS, AND TO EDUCATE COMMUNITES ON THE BENEFITS OF SMART GROWTH.

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOPMENT OF LOW INCOME MULTIFAMILY HOUSING RENTAL PROJECTS.
    Expenses $709,613 · revenue $2,939,012

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-3145206
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,616,602
Income (IRS master file)
$2,946,412

Revocation and reinstatement

Exemption revoked
May 15, 2014
Posted by the IRS
October 15, 2014
Reinstated
Effective May 15, 2014

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,946,412$840,349$6,616,602XML
990December 2023$376,314$403,515$40,076XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: Mariko Kontos
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Jason Hobson
December 31, 2019≤ $50,000 receipts––e-Postcard

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 20-3145206).

Questions about SYNERGY COMMUNITY DEVELOPMENT CORPORATION

What is the EIN of SYNERGY COMMUNITY DEVELOPMENT CORPORATION?
The employer identification number (EIN) of SYNERGY COMMUNITY DEVELOPMENT CORPORATION is 20-3145206.
Is SYNERGY COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2014 and reinstated it effective May 15, 2014.
Are donations to SYNERGY COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SYNERGY COMMUNITY DEVELOPMENT 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 SYNERGY COMMUNITY DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SYNERGY COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SYNERGY COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names MARIKO KONTOS.
Who are the officers and directors of SYNERGY COMMUNITY DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $80,000 (BILL RICE, PRESIDENT).
How much revenue does SYNERGY COMMUNITY DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,946,412, expenses of $840,349 and total assets of $6,616,602 at year end.

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