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Nonprofit · EIN 68-0373721

OLIVE AVENUE APARTMENTS INC

Tax-exempt · SAN RAFAEL, CA 94901

Financials

$214K$200K2022$223K$250K2023$245K$259K2024
Revenue Expenses · by fiscal year end
Financials of OLIVE AVENUE APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$245,122$259,098-$13,976$1,252,692$1,522,622-$269,930
June 30, 2024990$222,821$249,803-$26,982$1,281,074$1,537,028-$255,954
June 30, 2023990$213,985$200,383$13,602$1,296,436$1,525,408-$228,972
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$136,141
of which government grants
$136,141
Program service revenue
$108,495
Investment income
$486
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$46,245
Salaries, compensation and benefits (total)
$55,065
Professional fundraising fees
$0
Legal fees
$246
Accounting fees
$9,646
Occupancy
$63,942
Depreciation
$50,635
Program services (functional)
$194,259
Management and general (functional)
$64,839

Balance sheet and other

Total assets, start of year
$1,281,074
Total assets, end of year
$1,252,692
Total liabilities, end of year
$1,522,622
Net assets, end of year
-$269,930
Land, buildings and equipment
$1,130,555
Net assets without donor restrictions
-$269,930
Gross receipts
$245,122
Employees
0
Volunteers
0
Year formed
1996
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
CHRIS KUGHNPRESIDENT
Trustee or director, Officer
0.1$0
KAREN FROSTSECRETARY/TREAS
Trustee or director, Officer
0.1$0
JACK SCOTTDIRECTOR
Trustee or director
0.1$0
STAN MOOREDIRECTOR
Trustee or director
0.1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
CATHY MACYSecretary
Trustee or director, Officer
0.1$0
CLARICE VELOSO-LUGODirector
Trustee or director
0.1$0
VINCE HAGHIRIDirector
Trustee or director
0.1$0
CHRIS KUGHNPresident
Trustee or director, Officer
0.1$0
STAN MOORETreasurer
Trustee or director, Officer
0.1$0
ROWAN SMITHDirector
Trustee or director
0.1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
CHRIS KUGHNPRESIDENT
Trustee or director, Officer
0.1$0
ROWAN SMITHDirector
Trustee or director
0.1$0
CATHY MACYSecretary
Trustee or director, Officer
0.1$0
VINCE HAGHIRIDirector
Trustee or director
0.1$0
SUSAN DUTTONDirector
Trustee or director
0.1$0
STAN MOORETreasurer
Trustee or director, Officer
0.1$0

Address and contacts

Address (IRS master file)
22 PELICAN WAY, SAN RAFAEL, CA 94901-5545
In care of
% CATHY BLECHINGER
Principal officer (990 for 2024)
CHRIS KUGHN, 22 PELICAN WAY, SAN RAFAEL, CA 94901
Signed the 990
CHRIS KUGHN, PRESIDENT
Phone
(415) 258-1800
Return prepared by
APRIO ADVISORY GROUP LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 68-0373721 or by the name OLIVE AVENUE APARTMENTS INC.

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

Mission

TO PROVIDE LOW-INCOME HOUSING FOR HANDICAPPED PERSONS

990 for the year ended June 30, 2025

Program accomplishments

  • THE CORPORATION OPERATES A SIXTEEN UNIT APARTMENT COMPLEX FOR LOW-INCOME PERSONS WITH CHRONIC MENTAL ILLNESS IN NOVATO, CA. THIS PROJECT IS REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.
    Expenses $194,259 · revenue $108,495

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
68-0373721
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,252,692
Income (IRS master file)
$245,122

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$245,122$259,098$1,252,692XML
990June 2024$222,821$249,803$1,281,074XML
990June 2023$213,985$200,383$1,296,436XML
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––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 68-0373721).

Questions about OLIVE AVENUE APARTMENTS INC

What is the EIN of OLIVE AVENUE APARTMENTS INC?
The employer identification number (EIN) of OLIVE AVENUE APARTMENTS INC is 68-0373721.
Is OLIVE AVENUE APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to OLIVE AVENUE APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLIVE AVENUE APARTMENTS INC 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 OLIVE AVENUE APARTMENTS INC 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 OLIVE AVENUE APARTMENTS INC 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 OLIVE AVENUE APARTMENTS INC?
The 990 for the year ended June 30, 2025 names CHRIS KUGHN.
Who are the officers and directors of OLIVE AVENUE APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does OLIVE AVENUE APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $245,122, expenses of $259,098 and total assets of $1,252,692 at year end.

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