Nonprofit · EIN 20-5211100
KING-WEST PROPERTIES INC
Tax-exempt · ALEXANDRIA, VA 22314
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,287,812 | $898,581 | $389,231 | $13,432,603 | $5,123,944 | $8,308,659 |
| December 31, 2023 | 990 | $1,725,161 | $1,011,822 | $713,339 | $13,024,629 | $5,542,715 | $7,481,914 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,085,610
- Investment income
- $177,785
- Other revenue
- $24,417
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,100
- Depreciation
- $326,215
- Program services (functional)
- $898,581
Balance sheet and other
- Total assets, start of year
- $13,024,629
- Total assets, end of year
- $13,432,603
- Total liabilities, end of year
- $5,123,944
- Net assets, end of year
- $8,308,659
- Land, buildings and equipment
- $8,037,288
- Publicly traded securities
- $4,586,213
- Net assets without donor restrictions
- $8,308,659
- Gross unrelated business income
- $220,339
- Gross receipts
- $1,287,812
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- VA
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM HATHERILL | CEO Officer | 0.25 | $0 | $966,651 | $292,920 |
| LINDA MICHELSEN | CFO (THRU 8/16/24) Former | 0.25 | $0 | $255,672 | $46,997 |
| DAVID SIGMAN | CFO (EFF 9/16/24) Officer | 0.25 | $0 | $89,000 | $11,423 |
| DAVID RELLING | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $16,000 | $0 |
| CHARLES REITER | PUBLIC MEMBER Trustee or director | 0.25 | $0 | $8,000 | $0 |
| MICHELE THORMAN | VICE PRESIDENT Trustee or director, Officer | 0.25 | $0 | $8,000 | $0 |
| MICHELLE SIGMUND-GAINES | DIRECTOR Trustee or director | 0.25 | $0 | $8,000 | $0 |
| STEVEN SCHERGER | DIRECTOR (THRU 10/31/24)/TREASURER (EFF 11/1/24) Trustee or director | 0.25 | $0 | $8,000 | $0 |
| CANIZARES RUGGIERO | TREASURER (THRU 11/1/24) Trustee or director, Officer | 0.25 | $0 | $6,667 | $0 |
| CINDY POTTER | SECRETARY (THRU 11/1/24) Trustee or director, Officer | 0.25 | $0 | $6,667 | $0 |
| ELLEN DONALD | DIRECTOR (THRU 10/31/24) Trustee or director | 0.25 | $0 | $6,667 | $0 |
| CRAIG MILLER | DIRECTOR (EFF 11/1/24) Trustee or director | 0.25 | $0 | $1,333 | $0 |
| KRISTA WOLFE | DIRECTOR (EFF 11/1/24) Trustee or director | 0.25 | $0 | $1,333 | $0 |
| CURLEY STEPHEN | SECRETARY (EFF 11/1/24) Officer | 0.25 | $0 | $1,333 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM HATHERHILL | CEO Officer | 0.25 | $0 | $1,073,626 | $249,211 |
| LINDA MICHELSEN | CFO Officer | 0.25 | $0 | $316,880 | $114,648 |
| DAVID RELLING | PRESIDENT Trustee or director, Officer | 0.25 | $0 | $16,000 | $0 |
| MICHELE THORMAN | VICE PRESIDENT Trustee or director, Officer | 0.25 | $0 | $8,000 | $0 |
| RUGGIERO CANIZARES | TREASURER Trustee or director, Officer | 0.25 | $0 | $8,000 | $0 |
| CINDY POTTER | SECRETARY Trustee or director, Officer | 0.25 | $0 | $8,000 | $0 |
| ELLEN KROOG DONALD | DIRECTOR Trustee or director | 0.25 | $0 | $8,000 | $0 |
| CHARLES REITER | PUBLIC MEMBER Trustee or director | 0.25 | $0 | $8,000 | $0 |
| JONI KALIS | DIRECTOR Trustee or director | 0.25 | $0 | $6,667 | $0 |
| ADRIENNE PRICE | DIRECTOR Trustee or director | 0.25 | $0 | $6,667 | $0 |
| STEVEN SCHERGER | DIRECTOR Trustee or director | 0.25 | $0 | $1,333 | $0 |
| MICHELLE SIGMUND-GAINES | DIRECTOR Trustee or director | 0.25 | $0 | $1,333 | $0 |
Address and contacts
- Address (IRS master file)
- 124 WEST STREET SOUTH 3RD FL, ALEXANDRIA, VA 22314-2872
- Principal officer (990 for 2024)
- DAVID SIGMAN, 124 WEST STREET SOUTH 3RD FL, ALEXANDRIA, VA 22314
- Signed the 990
- DAVID SIGMAN, CFO
- Phone
- (703) 299-3100
- Return prepared by
- SB & COMPANY LLC
Mission
THE SOLE PURPOSE OF THE COMPANY IS TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM SUCH PROPERTY AND TO TURN OVER SUCH INCOME, LESS EXPENSES, TO THE FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY, AN EXEMPT 501(C)(6) ORGANIZATION IN ACCORDANCE WITH IRC SECTION 501(C)(2).
Program accomplishments
- THE OFFICE BUILDING WAS PUT INTO SERVICE IN JULY 2007. TWO FLOORS OF THE BUILDING ARE OCCUPIED BY THE ORGANIZATION'S PARENT COMPANY, THE FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY, AS ITS ADMINISTRATIVE OFFICES. SPACE ON THE TWO FLOORS IS ALSO RENTED TO THE FOREIGN CREDENTIALING COMMISSION OF PHYSICAL THERAPY, A RELATED 501(C)(6) ORGANIZATION.Expenses $898,581 · revenue $1,085,610
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5211100
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $13,432,603
- Income (IRS master file)
- $1,287,812
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,287,812 | $898,581 | $13,432,603 | XML |
| 990 | December 2023 | $1,725,161 | $1,011,822 | $13,024,629 | XML |
| 990 | December 2022 | $2,026,074 | $907,667 | $12,853,371 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 20-5211100).
Questions about KING-WEST PROPERTIES INC
- What is the EIN of KING-WEST PROPERTIES INC?
- The employer identification number (EIN) of KING-WEST PROPERTIES INC is 20-5211100.
- Is KING-WEST PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2006.
- Are donations to KING-WEST PROPERTIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KING-WEST PROPERTIES INC 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 KING-WEST PROPERTIES INC 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 KING-WEST PROPERTIES INC 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 KING-WEST PROPERTIES INC?
- The 990 for the year ended December 31, 2024 names DAVID SIGMAN.
- Who are the officers and directors of KING-WEST PROPERTIES INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does KING-WEST PROPERTIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,287,812, expenses of $898,581 and total assets of $13,432,603 at year end.
Other nonprofits in ALEXANDRIA
- CHARITIES AID FOUNDATION AMERICA EIN 43-1634280 · last filed 990 for 2025
- DONORS TRUST INC EIN 52-2166327 · last filed 990 for 2024
- UNITED WAY WORLDWIDE EIN 13-1635294 · last filed 990 for 2024
- REVADA FOUNDATION EIN 47-4329394 · last filed 990-PF for 2025
- SHRM FOUNDATION INC EIN 34-6610067 · last filed 990 for 2024
- NORTHERN VIRGINIA HEALTH FOUNDATION INC EIN 20-4062932 · last filed 990-PF for 2024
- SCOTT A AND PHYLLIS P CRABTREE FAMILY FOUNDATION INC EIN 83-2666950 · last filed 990-PF for 2025
- DELMAN MORTENSON CHARITABLE FOUNDATION EIN 54-1739798 · last filed 990-PF for 2025
All nonprofits in ALEXANDRIA · Virginia · Philanthropy, voluntarism and grantmaking foundations