Nonprofit · EIN 47-5639829
PRESERVATION COMMUNITIES INC
Tax-exempt · HERMOSA BEACH, CA 90254
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $570,635 | $7,209 | $563,426 | $4,033,402 | $1,148,414 | $2,884,988 |
| December 31, 2023 | 990-PF | $799,146 | $9,735 | $789,411 | $3,441,027 | $1,131,083 | $2,309,944 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Interest
- $32,768
- Other income
- $537,867
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,898
- Excise tax on investment income
- $5,116
Balance sheet and other
- Total assets, start of year
- $3,441,027
- Total assets, end of year
- $4,033,402
- Total liabilities, end of year
- $1,148,414
- Net assets, end of year
- $2,884,988
- Fair market value of assets
- $4,033,402
- Qualifying distributions
- $2,898
- Net investment income
- $371,480
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERNARD DEASY C/O PPD 601 CYPRESS AVENUE, HERMOSA BEACH, CA 90254 | PRESIDENT | 1 | $0 |
| JACQUELINE RAMOS C/O PPD 601 CYPRESS AVENUE, HERMOSA BEACH, CA 90254 | TREASURER | 1 | $0 |
| KAREN SMYDA C/O PPD 601 CYPRESS AVENUE, HERMOSA BEACH, CA 90254 | SECRETARY | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BERNARD DEASY C/O PPD 601 CYPRESS AVE, HERMOSA BEACH, CA 90254 | PRESIDENT | 1 | $0 |
| JACQUELINE RAMOS C/O PPD 601 CYPRESS AVE, HERMOSA BEACH, CA 90254 | TREASURER | 1 | $0 |
| KAREN SMYDA C/O PPD 601 CYPRESS AVE, HERMOSA BEACH, CA 90254 | SECRETARY | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 601 CYPRESS AVE STE 302, HERMOSA BEACH, CA 90254-4645
- In care of
- % BERNARD DEASY
- Mailing address (990-N for 2018)
- 21515 Hawthorne Blvd Ste 395, Torrance CA 90503
- Principal officer (990-N for 2018)
- Bernard Deasy, 21515 Hawthorne Blvd Ste 395, Torrance CA 90503
- Signed the 990-PF
- BERNARD DEASY, PRESIDENT
- Phone
- (310) 802-6674
- Return prepared by
- RUBINBROWN LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 47-5639829
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $4,033,402
- Income (IRS master file)
- $570,635
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $570,635 | $7,209 | $4,033,402 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $799,146 | $9,735 | $3,441,027 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $661,918 | $33,755 | $2,651,615 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-N for 2018 Officer: Bernard Deasy | December 31, 2018 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about PRESERVATION COMMUNITIES INC
- What is the EIN of PRESERVATION COMMUNITIES INC?
- The employer identification number (EIN) of PRESERVATION COMMUNITIES INC is 47-5639829.
- Is PRESERVATION COMMUNITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to PRESERVATION COMMUNITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does PRESERVATION COMMUNITIES INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of PRESERVATION COMMUNITIES 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 PRESERVATION COMMUNITIES INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who is the principal officer of PRESERVATION COMMUNITIES INC?
- The 990-N for 2018 names Bernard Deasy.
- Who are the officers and directors of PRESERVATION COMMUNITIES INC?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does PRESERVATION COMMUNITIES INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $570,635, expenses of $7,209 and total assets of $4,033,402 at year end.
Other nonprofits in HERMOSA BEACH
- MARINELAND COMMUNITY ASSOCIATION INC EIN 45-0567263 · last filed 990 for 2025
- RAINBOW RISING EIN 95-4185139 · last filed 990 for 2024
- STEPHANIE AND PETER NOLAN FOUNDATION EIN 46-1583912 · last filed 990-PF for 2024
- HERMOSA BEACH EDUCATION FOUNDATION EIN 33-0522270 · last filed 990 for 2025
- DA VINCI SCHOOLS FUND EIN 82-4350823 · last filed 990 for 2025
- SANDPIPERS PHILANTHROPY FUND INC EIN 47-4366111 · last filed 990 for 2025
- HOUSE OF TRANSPLANT & CANCER EIN 83-2318168 · last filed 990 for 2024
- SOUTH BAY ARTIST COLLECTIVE EIN 81-3461706 · last filed 990 for 2024
All nonprofits in HERMOSA BEACH · California · Housing and shelter