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Nonprofit · EIN 33-0927692

SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION

Tax-exempt (reinstated) · SAN DIEGO, CA 92101

Financials

$33.4M$34.8M2022$30.5M$35.7M2023$28.7M$33.5M2024
Revenue Expenses · by fiscal year end
Financials of SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$28,746,929$33,462,917-$4,715,988$13,588,640$110,749,919-$97,161,279
June 30, 2024990$30,519,864$35,688,019-$5,168,155$14,354,472$106,799,763-$92,445,291
June 30, 2023990$33,435,055$34,816,471-$1,381,416$16,074,173$103,351,309-$87,277,136
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$27,217,709
Investment income
$1,529,220
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$33,462,917

Balance sheet and other

Total assets, start of year
$14,354,472
Total assets, end of year
$13,588,640
Total liabilities, end of year
$110,749,919
Net assets, end of year
-$97,161,279
Gross receipts
$28,746,929
Employees
0
Volunteers
0
Year formed
2000
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
CHRIS HERRERADIRECTOR
Trustee or director
0$0
MICHEL ANDERSONSECRETARY
Trustee or director
0$0
JOAN BRACCICHIEF FINANCIAL OFFICER
Trustee or director
0$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
Daniel V McAllisterChair
Trustee or director
0$0
Michel AndersonSecretary
Trustee or director
0$0
Joan BracciCFO
Trustee or director
0$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
Daniel V McAllisterChair
Trustee or director
0$0
Michel AndersonSecretary
Trustee or director
0$0
Ebony SheltonDirector and CFO
Trustee or director
0$0

Address and contacts

Address (IRS master file)
1600 PACIFIC HWY, SAN DIEGO, CA 92101-2429
In care of
% DIANSON WONG
Principal officer (990 for 2024)
SAMANTHA WEISMAN, 1600 PACIFIC HWY STE 352, SAN DIEGO, CA 92101
Signed the 990
SAMANTHA WEISMAN, DEBT FINANCE MANAGER
Phone
(858) 226-0836

California records

California keeps its own records of charities and corporations. Search them by EIN 33-0927692 or by the name SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION.

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

Mission

The Corporation was formed for the benefit of the County of San Diego to help manage the risks related to future receipt of tobacco settlement payments and facilitate the efficient use of these tobacco settlement payments.

990 for the year ended June 30, 2025

Program accomplishments

  • PRINCIPAL: 12,041,131 INTEREST: 14,736,250 PROFESSIONAL SERVICES: 213,936 6200 106569 101167
    Expenses $26,991,317 · revenue $28,746,929
  • DEBT RELATED REIMBURSEMENT: 6,471,600
    Expenses $6,471,600

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
33-0927692
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$13,588,640
Income (IRS master file)
$28,746,929

Revocation and reinstatement

Exemption revoked
November 15, 2018
Posted by the IRS
March 11, 2019
Reinstated
Effective November 15, 2018

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
990June 2025$28,746,929$33,462,917$13,588,640IRS
990June 2024$30,519,864$35,688,019$14,354,472IRS
990June 2023$33,435,055$34,816,471$16,074,173XML
990June 2022$35,529,297$38,236,541$17,583,160IRS
990June 2021–––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 33-0927692).

Questions about SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION

What is the EIN of SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION?
The employer identification number (EIN) of SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION is 33-0927692.
Is SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2018 and reinstated it effective November 15, 2018.
Are donations to SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does SAN DIEGO COUNTY TOBACCO SECURITIZATION 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 SAN DIEGO COUNTY TOBACCO SECURITIZATION 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 SAN DIEGO COUNTY TOBACCO SECURITIZATION 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 SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION?
The 990 for the year ended June 30, 2025 names SAMANTHA WEISMAN.
Who are the officers and directors of SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does SAN DIEGO COUNTY TOBACCO SECURITIZATION CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $28,746,929, expenses of $33,462,917 and total assets of $13,588,640 at year end.

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