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Nonprofit · EIN 26-0271058

LANCER EDUCATIONAL HOUSINGCORPORATION

Tax-exempt · RIVERSIDE, CA 92504

Financials

$27.3M$23.4M2022$27.9M$27.3M2023$33.6M$26.7M2024
Revenue Expenses · by fiscal year end
Financials of LANCER EDUCATIONAL HOUSINGCORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$33,614,453$26,707,291$6,907,162$183,159,276$155,738,316$27,420,960
June 30, 2024990$27,933,482$27,314,943$618,539$203,897,029$183,383,231$20,513,798
June 30, 2023990$27,331,541$23,379,546$3,951,995$203,973,879$184,078,620$19,895,259
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$27,185,835
Investment income
$1,257,312
Other revenue
$5,171,306

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$2,419,817
Depreciation
$6,831,789
Program services (functional)
$25,563,082
Management and general (functional)
$1,144,209

Balance sheet and other

Total assets, start of year
$203,897,029
Total assets, end of year
$183,159,276
Total liabilities, end of year
$155,738,316
Net assets, end of year
$27,420,960
Land, buildings and equipment
$137,014,791
Net assets without donor restrictions
$27,420,960
Gross receipts
$33,614,453
Employees
0
Volunteers
5
Year formed
2007
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.

NameTitleHours / weekCompensation
RONALD L ELLISPRESIDENT
Trustee or director, Officer
0.25$0
MARK HOWESECRETARY/TREASURER
Trustee or director, Officer
0.25$0
MATTHEW ALBEEDIRECTOR
Trustee or director
0.25$0
DR RICK MILLERDIRECTOR
Trustee or director
0.25$0
DAVID PEERYDIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RONALD L ELLISPRESIDENT
Trustee or director, Officer
0.25$0$1,788,009$125,837
MARK HOWESECRETARY/TREASURER
Trustee or director, Officer
0.25$0$501,021$78,199
MATTHEW ALBEEDIRECTOR
Trustee or director
0.25$0$0$0
DR RICK MILLERDIRECTOR
Trustee or director
0.25$0$0$0
DAVID PEERYDIRECTOR
Trustee or director
0.25$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RONALD L ELLISPRESIDENT
Trustee or director, Officer
0.25$0$1,711,545$71,374
MARK HOWESECRETARY/TREASURER
Trustee or director, Officer
0.25$0$449,764$72,522
DR RICK MILLERDIRECTOR
Trustee or director
0.25$0$0$0
MATTHEW ALBEEDIRECTOR
Trustee or director
0.25$0$0$0
DAVID PEERYDIRECTOR
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
8432 MAGNOLIA AVE, RIVERSIDE, CA 92504-3206
In care of
% MARK HOWE
Principal officer (990 for 2024)
MARK HOWE, 8432 MAGNOLIA AVE, RIVERSIDE, CA 92504
Signed the 990
MARK HOWE, SECRTARY/TREASURER
Phone
(951) 343-4211
Return prepared by
CLIFTONLARSONALLEN LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 26-0271058 or by the name LANCER EDUCATIONAL HOUSINGCORPORATION.

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

Mission

THE CORPORATION FACILITATES THE EDUCATION AND SUPPORT OF STUDENTS, FACULTY, AND STAFF OF CALIFORNIA BAPTIST UNIVERSITY (CBU) BY PURCHASING AND CONSTRUCTING HOUSING STOCK AND LEASING IT TO STUDENTS AND TO CBU.

990 for the year ended June 30, 2025

Program accomplishments

  • LANCER EDUCATIONAL HOUSING CORPORATION MAXIMIZES THE EFFICIENT USE OF HOUSING RESOURCES BY LEASING PROPERTY TO CALIFORNIA BAPTIST UNIVERSITY AND FURTHER ACQUIRING, CONSTRUCTING AND OWNING RESIDENTIAL FACILITIES FOR STUDENTS, FACULTY, AND STAFF.
    Expenses $25,563,082 · revenue $32,357,054

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
26-0271058
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
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$183,159,276
Income (IRS master file)
$33,614,453

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$33,614,453$26,707,291$183,159,276IRS
990June 2024$27,933,482$27,314,943$203,897,029IRS
990June 2023$27,331,541$23,379,546$203,973,879XML
990June 2022$25,714,110$23,165,042$202,516,837IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 26-0271058).

Questions about LANCER EDUCATIONAL HOUSINGCORPORATION

What is the EIN of LANCER EDUCATIONAL HOUSINGCORPORATION?
The employer identification number (EIN) of LANCER EDUCATIONAL HOUSINGCORPORATION is 26-0271058.
Is LANCER EDUCATIONAL HOUSINGCORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to LANCER EDUCATIONAL HOUSINGCORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LANCER EDUCATIONAL HOUSINGCORPORATION 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 LANCER EDUCATIONAL HOUSINGCORPORATION 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 LANCER EDUCATIONAL HOUSINGCORPORATION 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 LANCER EDUCATIONAL HOUSINGCORPORATION?
The 990 for the year ended June 30, 2025 names MARK HOWE.
Who are the officers and directors of LANCER EDUCATIONAL HOUSINGCORPORATION?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does LANCER EDUCATIONAL HOUSINGCORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $33,614,453, expenses of $26,707,291 and total assets of $183,159,276 at year end.

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