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Nonprofit · EIN 35-2523608

GALAXY I CONCORD CORPORATION

Tax-exempt · LOS ANGELES, CA 90071

Financials

$158K$02023$62K$02024$133K$02025
Revenue Expenses · by fiscal year end
Financials of GALAXY I CONCORD CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$133,416$0$133,416$12,911,522$491,819$12,419,703
December 31, 2024990$62,217$0$62,217$13,000,870$535,626$12,465,244
December 31, 2023990$158,419$0$158,419$14,696,720$621,576$14,075,144
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Net rental income
$133,416
Other revenue
$133,416

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$13,000,870
Total assets, end of year
$12,911,522
Total liabilities, end of year
$491,819
Net assets, end of year
$12,419,703
Land, buildings and equipment
$10,787,560
Gross receipts
$1,817,301
Employees
0
Volunteers
2
Year formed
2014
State of legal domicile
DE

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Stanley L IezmanChairman & CEO, Treasurer
Trustee or director, Officer
1$0
Kirk HelgesonPresident & Secretary
Trustee or director, Officer
1$0
Scott DarlingExecutive Vice President
Trustee or director, Officer
1$0
990 for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Stanley L IezmanChairman & CEO, Treasurer
Trustee or director, Officer
1$0
Kirk HelgesonPresident & Secretary
Trustee or director, Officer
1$0
Scott DarlingExecutive Vice President
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Stanley L IezmanChairman & CEO, Treasurer
Trustee or director, Officer
1$0
Scott DarlingPresident & Secretary
Trustee or director, Officer
1$0
Kirk HelgesonEVP/EMD, Investments
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
515 S FLOWER ST 49TH FLOOR, LOS ANGELES, CA 90071-2201
Principal officer (990 for 2025)
Scott Darling, 515 S Flower St 49th Floor, Los Angeles, CA 90071
Signed the 990
Scott Darling, Executive Vice President
Phone
(213) 233-5700
Return prepared by
RSM US LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 35-2523608 or by the name GALAXY I CONCORD CORPORATION.

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

Mission

Title Holding Company for rental real estate.

990 for the year ended December 31, 2025

Program accomplishments

  • Entity holds title to real property for an exempt organization and collects income, pays expenses and submits the excess of income over expenses to the exempt organization.

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
35-2523608
Tax-exempt status
501(c)(25): Title-holding corporation for multiple parents
Donations deductible
No
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,911,522
Income (IRS master file)
$1,817,301

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$133,416$0$12,911,522XML
990December 2024$62,217$0$13,000,870XML
990December 2023$158,419$0$14,696,720XML
990December 2022$255,431$0$18,600,016IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 35-2523608).

Questions about GALAXY I CONCORD CORPORATION

What is the EIN of GALAXY I CONCORD CORPORATION?
The employer identification number (EIN) of GALAXY I CONCORD CORPORATION is 35-2523608.
Is GALAXY I CONCORD CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 2015.
Are donations to GALAXY I CONCORD CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GALAXY I CONCORD 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 GALAXY I CONCORD CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GALAXY I CONCORD CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of GALAXY I CONCORD CORPORATION?
The 990 for the year ended December 31, 2025 names Scott Darling.
Who are the officers and directors of GALAXY I CONCORD CORPORATION?
The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does GALAXY I CONCORD CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $133,416, expenses of $0 and total assets of $12,911,522 at year end.

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