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Nonprofit · EIN 73-1717101

PRESERVATION PARK CENTER INC

Tax-exempt · OAKLAND, CA 94612

Financials

$1.5M$2M2023$1.4M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of PRESERVATION PARK CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,398,331$1,788,301-$389,970$5,577,620$7,144,773-$1,567,153
December 31, 2023990$1,476,469$1,968,030-$491,561$5,784,807$6,961,990-$1,177,183
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,282,866
Investment income
$33
Other revenue
$115,432

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$318,840
Salaries, compensation and benefits (total)
$318,840
Professional fundraising fees
$0
Legal fees
$12,155
Accounting fees
$13,725
Depreciation
$206,201
Program services (functional)
$1,495,063
Management and general (functional)
$293,238

Balance sheet and other

Total assets, start of year
$5,784,807
Total assets, end of year
$5,577,620
Total liabilities, end of year
$7,144,773
Net assets, end of year
-$1,567,153
Land, buildings and equipment
$5,475,695
Net assets without donor restrictions
-$1,567,153
Gross receipts
$1,398,331
Employees
0
Volunteers
0
Year formed
2004
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JANELLE CHANCHIEF EXECUTIVE OFFICER
Officer
1$0$208,731$16,785
LINA SHETHINTERIM CHIEF EXECUTIVE OFFICER
Officer
1$0$181,500$998
PAUL CARNEYCHIEF FINANCIAL OFFICER
Officer
1$0$110,577$1,104
TED DANGPRESIDENT
Trustee or director, Officer
1$0$0$0
CHRISTINE CARRSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
FANYA KA MAKINIDIRECTOR
Trustee or director
1$0$0$0
DAWN HAWKDIRECTOR
Trustee or director
1$0$0$0
ROY SCHEWYERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
LINA SHETHINTERIM CHIEF EXECUTIVE OFFICER
Officer
1$223,500$1,740
SEAN SULLIVANINTERIM CHIEF EXECUTIVE OFFICER
Officer
1$63,462$800
ANDRE H MADEIRACHIEF EXECUTIVE OFFICER
Officer
1$57,828$1,053
TED DANGPRESIDENT
Trustee or director, Officer
1$0$0
CHRISTINE CARRSECRETARY/TREASURER
Trustee or director, Officer
1$0$0
FANYA KA MAKINIDIRECTOR
Trustee or director
1$0$0
DAWN HAWKDIRECTOR
Trustee or director
1$0$0
ROY SCHEWYERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1825 SAN PABLO AVE 200, OAKLAND, CA 94612-1517
In care of
% EAST BAY ASIAN LOCAL DEVELOPMENT
Principal officer (990 for 2024)
PAUL CARNEY, 1825 SAN PABLO AVE 200, OAKLAND, CA 94612
Signed the 990
PAUL CARNEY, CHIEF FINANCIAL OFFICER
Phone
(510) 287-5353
Return prepared by
NOVOGRADAC & COMPANY LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 73-1717101 or by the name PRESERVATION PARK CENTER INC.

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

Mission

PRESERVATION PARK CENTER, INC. (PPC) WAS FORMED AS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION IN JULY 2004 TO ACQUIRE, OWN AND OPERATE PRESERVATION PARK, LOCATED IN OAKLAND, CALIFORNIA. PPC'S SPECIFIC PURPOSES ARE TO COMBAT COMMUNITY DETERIORATION AND PROVIDE RELIEF TO THE POOR OR UNDERPRIVILEGED BY OWNING AND OPERATING COMMERCIAL OFFICE SPACE IN A LOW-INCOME COMMUNITY FOR RENT TO PREDOMINANTLY NONPROFIT ORGANIZATIONS. THE PROPERTY, ACQUIRED IN JANUARY 2005, IS A UNIQUE COLLECTION OF SIXTEEN VICTORIAN BUILDINGS, THREE OF WHICH ARE DEDICATED FOR COMMUNITY USE FOR MEETINGS AND OTHER EVENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION OWNED AND OPERATED COMMERCIAL OFFICE SPACE IN A LOW-INCOME COMMUNITY FOR RENT TO PREDOMINANTLY NONPROFIT ORGANIZATIONS. IN ADDITION, THE ORGANIZATION LEASED COMMON AREAS AS A GATHERING SPACE TO ITS TENANTS AND TO MEMBERS OF THE SURROUNDING COMMUNITY.
    Expenses $1,495,063 · revenue $1,398,298

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 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, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
73-1717101
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
2005
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,577,620
Income (IRS master file)
$1,398,331

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,398,331$1,788,301$5,577,620XML
990December 2023$1,476,469$1,968,030$5,784,807XML
990December 2022$1,326,135$1,758,320$6,212,657IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 73-1717101).

Questions about PRESERVATION PARK CENTER INC

What is the EIN of PRESERVATION PARK CENTER INC?
The employer identification number (EIN) of PRESERVATION PARK CENTER INC is 73-1717101.
Is PRESERVATION PARK CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to PRESERVATION PARK CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESERVATION PARK CENTER 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 PRESERVATION PARK CENTER 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 PARK CENTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PRESERVATION PARK CENTER INC?
The 990 for the year ended December 31, 2024 names PAUL CARNEY.
Who are the officers and directors of PRESERVATION PARK CENTER INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does PRESERVATION PARK CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,398,331, expenses of $1,788,301 and total assets of $5,577,620 at year end.

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