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Nonprofit · EIN 68-0190739

MARTINEZ PUBLIC IMPROVEMENT CORPORATION

Tax-exempt · MARTINEZ, CA 94553

Financials

$288K$658K2022$184K$656K2023$163K$659K2024
Revenue Expenses · by fiscal year end
Financials of MARTINEZ PUBLIC IMPROVEMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$162,805$658,573-$495,768$14,852,348$10,676,150$4,176,198
June 30, 2024990$183,790$655,517-$471,727$9,243,364$10,951,335-$1,707,971
June 30, 2023990$288,218$657,549-$369,331$12,485,215$11,190,000$1,295,215
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$162,805
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)
$658,573

Balance sheet and other

Total assets, start of year
$9,243,364
Total assets, end of year
$14,852,348
Total liabilities, end of year
$10,676,150
Net assets, end of year
$4,176,198
Net assets with donor restrictions
$4,176,198
Gross receipts
$162,805
Employees
0
Year formed
1992
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
MICHAEL CHANDLERCITY MANAGER
Trustee or director
1$0
TERESA HIGHSMITHCITY ATTORNEY
Trustee or director
1$0
CAROLYN ROBINSONCITY TREASURER
Trustee or director
1$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
MICHAEL CHANDLERCITY MANAGER
Trustee or director
1$0
TERESA HIGHSMITHCITY ATTORNEY
Trustee or director
1$0
CAROLYN ROBINSONCITY TREASURER
Trustee or director
1$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
MICHAEL CHANDLERCITY MANAGER
Trustee or director
1$0
TERESA HIGHSMITHCITY ATTORNEY
Trustee or director
1$0
CAROLYN ROBINSONCITY TREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
525 HENRIETTA ST, MARTINEZ, CA 94553-2337
Principal officer (990 for 2024)
JUNE DU
Signed the 990
JUNE DU, FINANCE DIRECTOR
Phone
(925) 372-3505
Return prepared by
Maze & Associates

California records

California keeps its own records of charities and corporations. Search them by EIN 68-0190739 or by the name MARTINEZ PUBLIC IMPROVEMENT CORPORATION.

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

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO THE CITY OF MARTINEZ BY FINANCING, ACQUIRING, CONSTRUCTING, IMPROVING, LEASING AND SELLING PROPERTY, EQUIPMENT AND OTHER PUBLIC IMPROVEMENT PROJECTS.

990 for the year ended June 30, 2025

Program accomplishments

  • IMPROVEMENTS FINANCED WITH PUBLIC IMPROVEMENT CORPORATION DEBT ARE LEASED TO THE CITY WITH RENTAL PAYMENTS WHICH, TOGETHER WITH RESTRICTED ASSETS OF THE PUBLIC IMPROVEMENT CORPORATION WILL BE SUFFICIENT TO MEET THE DEBT SERVICE OBLIGATIONS OF THE OUTSTANDING DEBT. THE CORPORATION REPORTS THE PRESENT VALUE OF THE LEASE RECEIVABLE AND CONSIDERS THE LEASED IMPROVEMENTS TO HAVE BEEN SOLD TO THE CITY FOR THIS AMOUNT WHEN LEASED.
    Expenses $658,573

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
68-0190739
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,852,348
Income (IRS master file)
$162,805

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$162,805$658,573$14,852,348IRS
990June 2024$183,790$655,517$9,243,364IRS
990June 2023$288,218$657,549$12,485,215XML
990June 2022$1,835$368,692$13,984,637IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 68-0190739).

Questions about MARTINEZ PUBLIC IMPROVEMENT CORPORATION

What is the EIN of MARTINEZ PUBLIC IMPROVEMENT CORPORATION?
The employer identification number (EIN) of MARTINEZ PUBLIC IMPROVEMENT CORPORATION is 68-0190739.
Is MARTINEZ PUBLIC IMPROVEMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
Are donations to MARTINEZ PUBLIC IMPROVEMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARTINEZ PUBLIC IMPROVEMENT 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 MARTINEZ PUBLIC IMPROVEMENT 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 MARTINEZ PUBLIC IMPROVEMENT 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 MARTINEZ PUBLIC IMPROVEMENT CORPORATION?
The 990 for the year ended June 30, 2025 names JUNE DU.
Who are the officers and directors of MARTINEZ PUBLIC IMPROVEMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MARTINEZ PUBLIC IMPROVEMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $162,805, expenses of $658,573 and total assets of $14,852,348 at year end.

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