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Nonprofit · EIN 77-0282660

ROTARY PLAZA-HACSC HDC INC

Tax-exempt · SAN JOSE, CA 95110

Financials

$3.3M$3.3M2023$3.7M$3M2024
Revenue Expenses · by fiscal year end
Financials of ROTARY PLAZA-HACSC HDC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,699,315$3,028,393$670,922$19,083,063$11,743,124$7,339,939
December 31, 2023990$3,302,404$3,262,257$40,147$18,705,479$12,036,462$6,669,017
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$3,710,851
Investment income
-$11,536
Net gain from sales of assets
-$28,460
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$19,563
Depreciation
$575,689
Program services (functional)
$3,008,830
Management and general (functional)
$19,563

Balance sheet and other

Total assets, start of year
$18,705,479
Total assets, end of year
$19,083,063
Total liabilities, end of year
$11,743,124
Net assets, end of year
$7,339,939
Land, buildings and equipment
$8,686,062
Net assets without donor restrictions
$7,339,939
Gross receipts
$3,727,775
Employees
0
Volunteers
0
Year formed
1991
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
PRESTON PRINCEPRESIDENT
Trustee or director, Officer
1$0$438,106$69,198
FLAHERTY WARDVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$288,251$39,072
RUSSELL BRUNSONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0$291,123$17,712
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALELI SANGALANGVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$465,270$27,877
PRESTON PRINCEPRESIDENT
Trustee or director, Officer
1$0$415,956$66,209
FLAHERTY WARDVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$262,017$37,901
RUSSELL BRUNSONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0$280,329$16,541

Address and contacts

Address (IRS master file)
505 W JULIAN ST, SAN JOSE, CA 95110-2338
Principal officer (990 for 2024)
PRESTON PRINCE, 505 W JULIAN STREET, SAN JOSE, CA 95110
Signed the 990
PRESTON PRINCE, PRESIDENT
Phone
(408) 275-8770
Return prepared by
LINDQUIST VON HUSEN & JOYCE LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 77-0282660 or by the name ROTARY PLAZA-HACSC HDC INC.

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

Mission

TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING.

990 for the year ended December 31, 2024

Program accomplishments

  • ON APRIL 19, 2013, ROTARY PLAZA ACQUIRED MORRONE GARDENS APARTMENTS (MORRONE GARDENS), A 102-UNIT AFFORDABLE HOUSING COMPLEX FOR THE ELDERLY LOCATED IN SAN JOSE, CALIFORNIA FROM MORRONE GARDENS ASSOCIATES, A CALIFORNIA LIMITED PARTNERSHIP, OF WHICH ROTARY PLAZA WAS THE GENERAL PARTNER.ROTARY PLAZA WAS THE GENERAL PARTNER OF HUFF AVENUE ASSOCIATES, A CALIFORNIA LIMITED PARTNERSHIP FORMED ON MARCH 7, 1994, WHICH OWNED AND OPERATED A 72-UNIT AFFORDABLE HOUSING COMPLEX LOCATED IN SAN JOSE, CALIFORNIA, OPERATING UNDER THE NAME OF HUFF GARDENS APARTMENTS (HUFF GARDENS). ON DECEMBER 11, 2015, HUFF GARDENS WAS TRANSFERRED TO HUFF AVENUE LLC, A LIMITED LIABILITY COMPANY FORMED ON JULY 3, 2014. ROTARY PLAZA IS THE SOLE MEMBER OF HUFF AVENUE LLC.
    Expenses $3,008,830 · revenue $3,710,851

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
77-0282660
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,083,063
Income (IRS master file)
$3,727,775

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,699,315$3,028,393$19,083,063XML
990December 2023$3,302,404$3,262,257$18,705,479XML
990December 2022$3,380,028$2,678,635$19,303,183IRS
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 77-0282660).

Questions about ROTARY PLAZA-HACSC HDC INC

What is the EIN of ROTARY PLAZA-HACSC HDC INC?
The employer identification number (EIN) of ROTARY PLAZA-HACSC HDC INC is 77-0282660.
Is ROTARY PLAZA-HACSC HDC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to ROTARY PLAZA-HACSC HDC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROTARY PLAZA-HACSC HDC 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 ROTARY PLAZA-HACSC HDC 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 ROTARY PLAZA-HACSC HDC 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 ROTARY PLAZA-HACSC HDC INC?
The 990 for the year ended December 31, 2024 names PRESTON PRINCE.
Who are the officers and directors of ROTARY PLAZA-HACSC HDC INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does ROTARY PLAZA-HACSC HDC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,699,315, expenses of $3,028,393 and total assets of $19,083,063 at year end.

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