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Nonprofit · EIN 71-0876594

HOLLENBECK PALMS

Tax-exempt · LOS ANGELES, CA 90033

Financials

$26.5M$25.7M2023$27.6M$26.4M2024
Revenue Expenses · by fiscal year end
Financials of HOLLENBECK PALMS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$27,596,889$26,355,036$1,241,853$85,263,002$37,602,717$47,660,285
June 30, 2024990$26,451,732$25,705,119$746,613$86,206,813$39,214,775$46,992,038
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$945,039
Program service revenue
$22,228,341
Investment income
$4,235,076
Royalties
$38,236
Net rental income
$87,353
Net gain from sales of assets
$3,053,277
Net income from fundraising events
-$12,515
Other revenue
$188,433

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$438,010
Other salaries and wages
$10,269,452
Salaries, compensation and benefits (total)
$14,334,112
Professional fundraising fees
$0
Legal fees
$160,755
Accounting fees
$157,122
Occupancy
$1,048,882
Travel
$50,455
Depreciation
$1,942,666
Program services (functional)
$21,347,464
Management and general (functional)
$4,797,353
Fundraising (functional)
$210,219

Balance sheet and other

Total assets, start of year
$86,206,813
Total assets, end of year
$85,263,002
Total liabilities, end of year
$37,602,717
Net assets, end of year
$47,660,285
Land, buildings and equipment
$38,044,694
Publicly traded securities
$31,403,062
Net assets without donor restrictions
$45,417,924
Net assets with donor restrictions
$2,242,361
Gross receipts
$44,615,526
Employees
256
Volunteers
10
Year formed
2001
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 / weekCompensationOther / benefits
IVANIA RAMIREZDIRECTOR OF NURSING
Highest-paid employee
40$186,695$83,990
MORRIS SHOCKLEYPRESIDENT & CEO
Officer
40$233,848$27,486
AKHERE OSEZUAASST. DIRECTOR OF NURSING
Highest-paid employee
40$195,384$33,903
GARY ZUPPARDOCHIEF ENGINEER
Highest-paid employee
40$201,532$21,912
JOHNNY YOUNGCFO/SECRETARY/TREASURER
Officer
40$161,943$29,491
ZHANA DUBINDIRECTOR OF ADMISSIONS
Highest-paid employee
40$189,817$1,409
ODILY FRANKLINASST. LIVING COORDINATOR
Highest-paid employee
40$157,182$12,101
CAROL JOHNSTONBOARD CHAIR
Trustee or director, Officer
1$0$0
ERIKA CATILEVICE PRESIDENT
Trustee or director, Officer
1$0$0
MICHAEL DAVISTRUSTEES(TERM END 12/31/24)
Trustee or director
1$0$0
EDWARD GARLOCKTRUSTEES(TERM END 6/30/25)
Trustee or director
1$0$0
KATHERINE A KIRCHHOFFTRUSTEES
Trustee or director
1$0$0
WILLIAM KUMAGAITRUSTEES
Trustee or director
1$0$0
ALBERT RIZZOTRUSTEES
Trustee or director
1$0$0
LINDA CHIAVAROLI-ROSENBLOOMRESIDENT REPRESENTATIVE
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
JANE NAKAMURARESIDENT REPRESENTATIVE
Trustee or director
1$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensationOther / benefits
MORRIS SHOCKLEYPRESIDENT & CEO
Officer
40$238,721$26,312
IVANIA RAMIREZDIRECTOR OF NURSING
Highest-paid employee
40$183,909$72,267
GARY ZUPPARDOCHIEF ENGINEER
Highest-paid employee
40$193,764$23,398
AKHERE OSEZUAASST. DIRECTOR OF NURSING
Highest-paid employee
40$189,131$22,242
JOHNNY YOUNGCFO/SECRETARY/TREASURER
Officer
40$169,453$33,649
ZHANA DUBINDIRECTOR OF ADMISSIONS
Highest-paid employee
40$186,308$16,323
JESSE ALEJANDRINORN CHARGE NURSE
Highest-paid employee
40$149,527$5,665
CAROL JOHNSTONBOARD CHAIR
Trustee or director, Officer
1$0$0
EDWARD GARLOCKTRUSTEES
Trustee or director
1$0$0
MICHAEL DAVISTRUSTEES
Trustee or director
1$0$0
WILLIAM KUMAGAITRUSTEES
Trustee or director
1$0$0
KATHERINE A KIRCHHOFFTRUSTEES
Trustee or director
1$0$0
KEVIN ONISHITRUSTEES
Trustee or director
1$0$0
ELLEN PIERCE TERM END 424RESIDENT TRUSTEE
Trustee or director
1$0$0
LINDA CHIAVAROLI-ROSENBLOOMRESIDENT REPRESENTATIVE
Trustee or director
1$0$0
JANE NAKAMURATERM START 424RESIDENT REPRESENTATIVE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
573 S BOYLE AVE, LOS ANGELES, CA 90033-3816
In care of
% WILLIAM G HEIDEMAN
Principal officer (990 for 2024)
JOHNNY YOUNG, 573 SOUTH BOYLE AVENUE, LOS ANGELES, CA 90033
Signed the 990
JOHNNY YOUNG, CFO
Phone
(323) 263-6195
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

HOLLENBECK PALMS IS COMMITTED TO PROVIDING A RESIDENCE FOR THOSE IN THE LATER YEARS OF THEIR LIVES THAT ENCOMPASSES A HEALTHY ENVIRONMENT OF COMFORT, SAFETY, AND ENJOYMENT; THAT ATTENDS TO THEIR PHYSICAL, MENTAL, AND SPIRITUAL NEEDS.

990 for the year ended June 30, 2025

Program accomplishments

  • HOLLENBECK PALMS PROVIDES CARE FOR THE AGING, INCLUDING RESIDENTIAL, ASSISTED LIVING, MEMORY ENHANCEMENT AND SKILLED NURSING CARE LIVING ARRANGEMENTS FOR THEIR MEMBERS. DURING THE YEAR, SERVICES WERE PROVIDED TO APPROXIMATELY 220 MEMBERS.
    Expenses $21,347,464 · revenue $22,228,341

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
71-0876594
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
2002
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$85,263,002
Income (IRS master file)
$44,615,526

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$25,021,223$23,746,682$87,844,249IRS
990June 2022$21,479,111$20,498,539$86,831,720IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

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 HOLLENBECK PALMS

What is the EIN of HOLLENBECK PALMS?
The employer identification number (EIN) of HOLLENBECK PALMS is 71-0876594.
Is HOLLENBECK PALMS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to HOLLENBECK PALMS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOLLENBECK PALMS 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 HOLLENBECK PALMS 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 HOLLENBECK PALMS 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 HOLLENBECK PALMS?
The 990 for the year ended June 30, 2025 names JOHNNY YOUNG.
Who are the officers and directors of HOLLENBECK PALMS?
The 990 for the year ended June 30, 2025 lists 16 people; 7 received compensation from the organization, the highest $186,695 (IVANIA RAMIREZ, DIRECTOR OF NURSING).
How much revenue does HOLLENBECK PALMS have?
On its 990 for the year ended June 30, 2025 it reported revenue of $27,596,889, expenses of $26,355,036 and total assets of $85,263,002 at year end.

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