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Nonprofit · EIN 75-2641221

ASSISTED LIVING FOUNDATION OF AMERICA

Tax-exempt · LOS ANGELES, CA 90057

Financials

$1.7M$688K2023$2.4M$881K2024
Revenue Expenses · by fiscal year end
Financials of ASSISTED LIVING FOUNDATION OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,364,854$881,274$1,483,580$40,592,117$19,631,442$20,960,675
December 31, 2023990$1,742,990$688,151$1,054,839$42,583,950$23,117,956$19,465,994
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$590,120
Investment income
$1,743,998
Net rental income
$29,858
Net gain from sales of assets
$279,340
Other revenue
$30,736

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$168,350
Salaries, compensation and benefits (total)
$214,033
Professional fundraising fees
$0
Legal fees
$41,198
Program services (functional)
$876,349
Management and general (functional)
$4,925

Balance sheet and other

Total assets, start of year
$42,583,950
Total assets, end of year
$40,592,117
Total liabilities, end of year
$19,631,442
Net assets, end of year
$20,960,675
Land, buildings and equipment
$14,221,636
Publicly traded securities
$23,632,927
Gross receipts
$15,596,391
Employees
10
Volunteers
10
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ELLIOT L SHELTONPRESIDENT &
Trustee or director, Officer
1$0
ISAAC SALZBERGDIRECTOR
Trustee or director
1$0
JOSHUA GENETDIRECTOR
Trustee or director
10$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
JOSHUA GENETDIRECTOR
Trustee or director
10$0
ISAAC SALZBERGDIRECTOR
Trustee or director
1$0
ELLIOT L SHELTONPRESIDENT &
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
208 S BONNIE BRAE VILLAGE 96, LOS ANGELES, CA 90057-5508
In care of
% ELLIOT SHELTON
Principal officer (990 for 2024)
ELLIOT L SHELTON, 1900 AVE OF THE STARS SUITE 2300, LOS ANGELES, CA 90067
Signed the 990
JOSHUA GENET, DIRECTOR
Phone
(310) 201-5990
Return prepared by
WALTERS & SKLYAR LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 75-2641221 or by the name ASSISTED LIVING FOUNDATION OF AMERICA.

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

Mission

THE ORGANIZATION'S MISSION IS ASSISTING HOMELESS AND LOW-INCOME SENIORS AND FAMILIES WITH HOUSING AND THE PROVISION OF EDUCATIONAL AND LIFE-ENRICHMENT SERVICES. THE ORGANIZATION IS A MANAGING GENERAL PARTNER AND MANAGING OR SOLE MEMBER IN 20 LOW INCOME HOUSING PROJECTS.

990 for the year ended December 31, 2024

Program accomplishments

  • AS A MANAGING GENERAL PARTNER AND/OR MANAGING SOLE MEMBER IN 20 LOW INCOME HOUSING PROJECTS, THE ORGANIZATION'S MISSION IS ASSISTING HOMELESS AND LOW-INCOME SENIORS AND FAMILIES WITH HOUSING AND THE PROVISION OF EDUCATIONAL AND LIFE-ENRICHMENT SERVICES. AS PART OF THE PROGRAM, THE ORGANIZATION ALSO HAS A CONTRACT WITH THE COUNTY OF LOS ANGELES, DEPARTMENT OF HEALTH SERVICES, TO PROVIDE SUPPORTIVE AND HOUSING SERVICES TO ELIGIBLE RECIPIENTS.
    Expenses $876,349 · revenue $588,120

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
75-2641221
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
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$40,592,117
Income (IRS master file)
$15,596,391

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,364,854$881,274$40,592,117XML
990December 2023$1,742,990$688,151$42,583,950XML
990December 2022-$287,774$274,299$41,752,048IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 75-2641221).

Questions about ASSISTED LIVING FOUNDATION OF AMERICA

What is the EIN of ASSISTED LIVING FOUNDATION OF AMERICA?
The employer identification number (EIN) of ASSISTED LIVING FOUNDATION OF AMERICA is 75-2641221.
Is ASSISTED LIVING FOUNDATION OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to ASSISTED LIVING FOUNDATION OF AMERICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSISTED LIVING FOUNDATION OF AMERICA 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 ASSISTED LIVING FOUNDATION OF AMERICA 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 ASSISTED LIVING FOUNDATION OF AMERICA 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 ASSISTED LIVING FOUNDATION OF AMERICA?
The 990 for the year ended December 31, 2024 names ELLIOT L SHELTON.
Who are the officers and directors of ASSISTED LIVING FOUNDATION OF AMERICA?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ASSISTED LIVING FOUNDATION OF AMERICA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,364,854, expenses of $881,274 and total assets of $40,592,117 at year end.

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