Skip to main content

Nonprofit · EIN 42-1253242

CORINTHIAN GARDENS INC

Tax-exempt · WDM, IA 50266

Financials

$39K$5K2023$46K$7K2024
Revenue Expenses · by fiscal year end
Financials of CORINTHIAN GARDENS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$45,506$6,675$38,831$839,066$0$839,066
December 31, 2023990$38,600$5,109$33,491$800,235$0$800,235
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$45,506
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,700
Program services (functional)
$2,500
Management and general (functional)
$4,175

Balance sheet and other

Total assets, start of year
$800,235
Total assets, end of year
$839,066
Total liabilities, end of year
$0
Net assets, end of year
$839,066
Gross receipts
$45,506
Employees
0
Volunteers
12
Year formed
1986
State of legal domicile
IA

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.

NameTitleHours / weekCompensation
MARY LYNNE JONESDIRECTOR
Trustee or director
1$0
OCIE LOVEDIRECTOR
Trustee or director
1$0
DANIEL STOKESDIRECTOR
Trustee or director
1$0
SHERICE MCCAMEYDIRECTOR
Trustee or director
1$0
CHARLES SINNAH-YOVONIEDIRECTOR
Trustee or director
1$0
WILLIAM SCHOENENBERGERDIRECTOR
Trustee or director
1$0
REV SARAI SCHNUCKER RICECHAIRMAN
Trustee or director, Officer
2$0
PHYLLIS BUTLERVICE CHAIRMA
Trustee or director, Officer
1$0
VIVIAN HAYASHISECRETARY
Trustee or director, Officer
2$0
LA-MONTIE GAUSEASSISTANT SE
Trustee or director, Officer
1$0
CANDASIE ROSETREASURER
Trustee or director, Officer
1$0
NECOLE MCGARYASSISTANT TR
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
MARY LYNNE JONESDIRECTOR
Trustee or director
0.5$0
OCIE LOVEDIRECTOR
Trustee or director
0.5$0
DANIEL STOKESDIRECTOR
Trustee or director
0.5$0
ERIC BURMEISTER LEFT APRIL 2023DIRECTOR
Trustee or director
0.5$0
SHERICE MCCAMEYDIRECTOR
Trustee or director
0.5$0
CHARLES SINNAH-YOVONIEDIRECTOR
Trustee or director
0.5$0
NECOLE MCGARYDIRECTOR
Trustee or director
0.5$0
REV SARAI SCHNUCKER RICECHAIRMAN
Trustee or director, Officer
2$0
PHYLLIS BUTLERVICE CHAIRMA
Trustee or director, Officer
1$0
VIVIAN HAYASHISECRETARY
Trustee or director, Officer
1$0
LA-MONTIE GAUSEASSISTANT SE
Trustee or director, Officer
0.5$0
CANDASIE ROSETREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
3408 WOODLAND AVE STE 504, WDM, IA 50266-6505
In care of
% NEWBURY MANAGEMENT COMPANY
Principal officer (990 for 2024)
REV SARAI SCHNUCKER RICE
Signed the 990
REV SARAI SCHNUCKER RICE, CHAIRMAN
Phone
(515) 243-5823
Return prepared by
MHCS PC

Mission

TO PROVIDE OBJECTIVE AND INDEPENDENT LEADERSHIP IN HELPING TO MEET THE PHYSICAL, SOCIAL AND EMOTIONAL NEEDS OF LOW-INCOME ELDERLY OR DISABLED PERSONS THROUGH THE DEVELOPMENT OF SERVICE FACILITIES AND PROGRAMS APPROPRIATE TO THEIR USAGE; TO WORK WITH PUBLIC AND PRIVATE NATIONAL, STATE, AND LOCAL AGENCIES, ORGANIZATIONS AND INSTITUTIONS IN EXTENDING SUCH SERVICES TO SUCH PERSONS; TO PROVIDE LOW-INCOME AFFORDABLE HOUSING FOR THE AFORESAID PERSONS WHO DO NOT POSSESS THE MEANS TO FURNISH ADEQUATE HOUSING FOR THEMSELVES; TO COMPLETE AND DO ANY AND ALL ACTS SUITABLE, PROPER AND CONDUCIVE TO THE SUCCESSFUL CONDUCT OF AN AFFORDABLE HOUSING PROGRAM; AND TO DEVELOP, COORDINATE AND ADMINISTER PROGRAMS FOR LOW-INCOME ELDERLY AND/OR DISABLED PERSONS IN IOWA, SO LONG AS SAID PROGRAMS DEAL WITH REHABILITATION, THERAPY, HEALTH, AND WELFARE IN ORDER TO ASSIST THEM IN ADJUSTING TO THEMSELVES AND THEIR ENVIRONMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION IS A SUPPORTING ORGANIZATION TO THE CORINTHIAN BAPTIST CHURCH WHOSE MISSION IS TO PROVIDE AFFORDABLE QUALITY HOUSING FOR SENIOR CITIZENS OF MODEST MEANS. DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2016, THE ORGANIZATION SOLD THE LAND, BUILDING AND OTHER PROPERTY IT OWNED TO CORINTHIAN GARDENS ASSOCIATES, L.P, WHICH IN TURN SUBSTANTIALLY REHABILITATED THE PROPERTY PURSUANT TO THE AFFORDABLE HOUSING PROGRAM UNDER IRC SECTION 42. CORINTHIAN GARDENS, INC. REMAINS THE SOLE MEMBER OF CORINTHIAN GARDENS GP, LLC (THE GENERAL PARTNER OF CORINTHIAN GARDENS ASSOCIATES, L.P.).
    Expenses $2,500 · grants $2,500 · revenue $45,506

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-1253242
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
1985
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$839,066
Income (IRS master file)
$45,506

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$45,506$6,675$839,066IRS
990December 2023$38,600$5,109$800,235XML
990December 2022$18,263$6,033$766,744IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 42-1253242).

Questions about CORINTHIAN GARDENS INC

What is the EIN of CORINTHIAN GARDENS INC?
The employer identification number (EIN) of CORINTHIAN GARDENS INC is 42-1253242.
Is CORINTHIAN GARDENS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to CORINTHIAN GARDENS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does CORINTHIAN GARDENS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CORINTHIAN GARDENS 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 CORINTHIAN GARDENS 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 CORINTHIAN GARDENS INC?
The 990 for the year ended December 31, 2024 names REV SARAI SCHNUCKER RICE.
Who are the officers and directors of CORINTHIAN GARDENS INC?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does CORINTHIAN GARDENS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $45,506, expenses of $6,675 and total assets of $839,066 at year end.

Other nonprofits in WDM

All nonprofits in WDM · Iowa · Housing and shelter