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Nonprofit · EIN 45-0468656

HOUSING PROMISE CORPORATION

Also known as SMITH DONALD J PRES

Tax-exempt · LOS ANGELES, CA 90057

Financials

$2.5M$2K2022$42K$1K2023
Revenue Expenses · by fiscal year end
Financials of HOUSING PROMISE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$42,068$1,313$40,755$3,516,368$309,862$3,206,506
December 31, 2022990 (amended)$2,450,097$1,619$2,448,478$3,165,751$0$3,165,751
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$42,068
of which government grants
$42,068
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,313

Balance sheet and other

Total assets, start of year
$3,165,751
Total assets, end of year
$3,516,368
Total liabilities, end of year
$309,862
Net assets, end of year
$3,206,506
Net assets with donor restrictions
$3,206,506
Gross receipts
$42,068
Employees
0
Volunteers
3
Year formed
2002
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 December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
A AndersonSecretary
Trustee or director
0$0
Ed HolderNonprofit Director
Trustee or director
0$0
Tina BoothPresident/Treasurer
Trustee or director, Officer
0$0
990 for the year ended December 31, 2022: 3 people
NameTitleHours / weekCompensation
A AndersonSecretary
Trustee or director
0$0
Ed HolderNonprofit Director
Trustee or director
0$0
Tina BoothPresident/Treasurer
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
2600 WILSHIRE BLVD, LOS ANGELES, CA 90057-3400
Mailing address (990-N for 2013)
2600 WILSHIRE BLVD, LOS ANGELES CA 90057
Principal officer (990 for 2023)
Housing Authority of the City LA, 2600 Wilshire Blvd, Los Angeles, CA 90057
Principal officer (990-N for 2013)
MARLENE GARZA, 2600 WILSHIRE BLVD, LOS ANGELES CA 90057
Signed the 990
Tina Smith-Booth, President
Phone
(213) 252-8844
Website
HACLA.ORG

California records

California keeps its own records of charities and corporations. Search them by EIN 45-0468656 or by the name HOUSING PROMISE CORPORATION.

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

Mission

To assist in the financing of the development of affordable housing owned by the Housing Authority of the City of Los Angeles, California.

990 for the year ended December 31, 2023

Program accomplishments

  • To assist in the financing of the development of affordable housing to replace Aliso Village.
    Expenses $1,313

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0468656
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
2004
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$3,516,368
Income (IRS master file)
$42,068

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$42,068$1,313$3,516,368XML
990December 2022$2,450,097$1,619$3,165,751XML
990December 2021–––IRS
990December 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2013
Officer: MARLENE GARZA
December 31, 2013≤ $50,000 receipts––e-Postcard

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 45-0468656).

Questions about HOUSING PROMISE CORPORATION

What is the EIN of HOUSING PROMISE CORPORATION?
The employer identification number (EIN) of HOUSING PROMISE CORPORATION is 45-0468656.
Is HOUSING PROMISE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to HOUSING PROMISE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSING PROMISE CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of HOUSING PROMISE CORPORATION 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 HOUSING PROMISE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of HOUSING PROMISE CORPORATION?
The 990 for the year ended December 31, 2023 names Housing Authority of the City LA.
Who are the officers and directors of HOUSING PROMISE CORPORATION?
The 990 for the year ended December 31, 2023 lists 3 people; 0 received compensation from the organization.
How much revenue does HOUSING PROMISE CORPORATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $42,068, expenses of $1,313 and total assets of $3,516,368 at year end.

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