Nonprofit · EIN 23-7309602
GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · MONTEBELLO, CA 90640
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $123,010 | $202,566 | -$79,556 | $1,964,639 | $503,172 | $1,461,467 |
| June 30, 2024 | 990 | $159,853 | $206,112 | -$46,259 | $2,050,945 | $509,922 | $1,541,023 |
| June 30, 2023 | 990 | $148,846 | $204,612 | -$55,766 | $2,109,513 | $522,231 | $1,587,282 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $122,992
- Investment income
- $18
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $25,957
- Compensation of officers, directors and key employees
- $54,000
- Salaries, compensation and benefits (total)
- $54,000
- Professional fundraising fees
- $0
- Legal fees
- $3,113
- Accounting fees
- $3,388
- Occupancy
- $36,337
- Depreciation
- $31,924
- Program services (functional)
- $135,565
- Management and general (functional)
- $67,001
Balance sheet and other
- Total assets, start of year
- $2,050,945
- Total assets, end of year
- $1,964,639
- Total liabilities, end of year
- $503,172
- Net assets, end of year
- $1,461,467
- Land, buildings and equipment
- $1,404,853
- Net assets without donor restrictions
- $1,461,467
- Gross receipts
- $123,010
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2003
- 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 |
|---|---|---|---|
| Raquel Avila | Secretary Trustee or director | 1 | $18,000 |
| Vanessa Sedano | President Trustee or director, Officer | 1 | $18,000 |
| Fred Zermeno | Vice President Trustee or director | 1 | $18,000 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| George Muriel | Past Vice Pres Trustee or director, Officer | 1 | $17,010 |
| Robert Tapia | Past President Trustee or director, Officer | 1 | $12,000 |
| Raquel Avila | Secretary Trustee or director | 1 | $10,000 |
| Vanessa Sedano | President Trustee or director, Officer | 1 | $10,000 |
| Fred Zermeno | Member-at-large Trustee or director | 1 | $7,500 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Tapia | President Trustee or director, Officer | 1 | $12,000 |
| Vanessa Sedano | Treasurer Trustee or director, Officer | 1 | $12,000 |
| Raquel Avila | Secretary Trustee or director, Officer | 1 | $12,000 |
| George Muriel | Vice President Trustee or director, Officer | 1 | $12,000 |
Address and contacts
- Address (IRS master file)
- 1012 W BEVERLY BLVD 996, MONTEBELLO, CA 90640-4139
- Principal officer (990 for 2024)
- Vanessa Sedano, 1012 W Beverly Blvd 996, Montebello, CA 90640
- Signed the 990
- Vanessa Sedano, President
- Phone
- (562) 299-3445
- Return prepared by
- HEATHER R CHAMBERS CPA INC
California records
California keeps its own records of charities and corporations. Search them by EIN 23-7309602 or by the name GOLDEN RULE COMMUNITY DEVELOPMENT 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
Investment in the development of affordable housing for extremely-low to moderate income households, to create economic opportunities in the City of Montebello and its surrounding communities and to support social justice and environmental issues.
Program accomplishments
- We continue to operate 8 low-income units in the City of Montebello. Between 30 and 50 percent of our tenants are medium income families. We provide a $5,000 grant to the YMCA to assist low-income children for participation in the Summer Camp program. We also provided a $900 scholarship to a student that attends school in the San Gabriel Valley.Expenses $135,565 · grants $25,957 · revenue $122,992
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
- 23-7309602
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $1,964,639
- Income (IRS master file)
- $123,010
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $123,010 | $202,566 | $1,964,639 | IRS |
| 990 | June 2024 | $159,853 | $206,112 | $2,050,945 | XML |
| 990 | June 2023 | $148,846 | $204,612 | $2,109,513 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 23-7309602).
Questions about GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION is 23-7309602.
- Is GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GOLDEN RULE 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 GOLDEN RULE COMMUNITY DEVELOPMENT 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 GOLDEN RULE COMMUNITY DEVELOPMENT 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 GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Vanessa Sedano.
- Who are the officers and directors of GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 3 received compensation from the organization, the highest $18,000 (Raquel Avila, Secretary).
- How much revenue does GOLDEN RULE COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $123,010, expenses of $202,566 and total assets of $1,964,639 at year end.
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All nonprofits in MONTEBELLO · California · Housing and shelter