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Nonprofit · EIN 77-0329569

RINCON DE LOS ESTEROS INC

Tax-exempt · SAN JOSE, CA 95113

Financials

$36.9M$25.9M2023−$50K$1.9M2024
Revenue Expenses · by fiscal year end
Financials of RINCON DE LOS ESTEROS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-$50,372$1,891,312-$1,941,684$39,806$6,971,540-$6,931,734
December 31, 2023990$36,882,846$25,945,822$10,937,024$2,243,652$7,233,702-$4,990,050
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,627
Program service revenue
$2,000
Investment income
-$53,999
Net gain from sales of assets
-$60,256
Other revenue
$0

Expenses

Grants and similar amounts paid
$1,612,312
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$49,326
Occupancy
$185
Program services (functional)
$1,803,459
Management and general (functional)
$87,853

Balance sheet and other

Total assets, start of year
$2,243,652
Total assets, end of year
$39,806
Total liabilities, end of year
$6,971,540
Net assets, end of year
-$6,931,734
Net assets without donor restrictions
-$6,931,734
Gross receipts
$9,884
Employees
0
Volunteers
13
Year formed
1992
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
MICHAEL P SANTEROCOO
Key employee
0.5$0$314,706$53,033
DAVID MUNSONDIRECTOR OF FINANCE (THRU 02/24)
Officer
0.5$0$42,122$7,173
KATHIE LEEINTERIM DIRECTOR OF FINANCE (START 02/24)
Officer
0.5$0$0$0
RICHARD L CONNIFFCHAIRMAN & CEO
Trustee or director, Officer
0.5$0$0$0
RU WEERAKOONVICE PRESIDENT
Trustee or director, Officer
0.5$0$0$0
DUNIA NOELSECRETARY
Trustee or director, Officer
0.5$0$0$0
ROBERT SHERRARDTREASURER
Trustee or director, Officer
0.5$0$0$0
BILL ANDERSONDIRECTOR
Trustee or director
0.5$0$0$0
KERMIT CONLEYDIRECTOR
Trustee or director
0.5$0$0$0
JOSH CROSSDIRECTOR
Trustee or director
0.5$0$0$0
GERRY DEYOUNGDIRECTOR
Trustee or director
0.5$0$0$0
JEFF GEEDIRECTOR
Trustee or director
0.5$0$0$0
MATTHEW JAMESDIRECTOR
Trustee or director
0.5$0$0$0
SUSAN MUYSENBERGDIRECTOR
Trustee or director
0.5$0$0$0
PRESTON PRINCEDIRECTOR
Trustee or director
0.5$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
JOYCE RODGERDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
GEOFFREY MORGANPRESIDENT/CEO OF FCH (THRU 06/23)
Officer
0.5$0$224,214$29,255
MICHAEL SANTERONON-VOTING VP & COO
Key employee
0.5$0$202,254$50,094
DAVID MUNSONDIRECTOR OF FINANCE OF FCH
Officer
0.5$0$191,526$48,591
GARY SCHOENNAUERCHAIRMAN OF THE BOD (THRU 06/23)
Trustee or director, Officer
0.5$0$0$0
RICHARD L CONNIFFCHAIRMAN/DIRECTOR/CEO
Trustee or director, Officer
0.5$0$0$0
RU WEERAKOONVP/DIRECTOR
Trustee or director, Officer
0.5$0$0$0
ROBERT SHERRARDTREASURER/DIRECTOR
Trustee or director, Officer
0.5$0$0$0
DUNIA NOELSECRETARY/DIRECTOR
Trustee or director, Officer
0.5$0$0$0
JAIME ANGULODIRECTOR (THRU 09/23)
Trustee or director
0.5$0$0$0
KERMIT CONLEYDIRECTOR
Trustee or director
0.5$0$0$0
JOSH CROSSDIRECTOR
Trustee or director
0.5$0$0$0
GERRY DEYOUNGDIRECTOR
Trustee or director
0.5$0$0$0
JEFF GEEDIRECTOR
Trustee or director
0.5$0$0$0
MATTHEW JAMESDIRECTOR
Trustee or director
0.5$0$0$0
SUSAN MUYSENBERGDIRECTOR
Trustee or director
0.5$0$0$0
JOYCE RODGERDIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
75 E SANTA CLARA ST STE 1175, SAN JOSE, CA 95113-1834
In care of
% TERENCE DULAY WENZEL
Principal officer (990 for 2024)
RICHARD CONNIFF, 75 E SANTA CLARA STREET 1175, SAN JOSE, CA 95113
Signed the 990
RICHARD CONNIFF, CHAIRMAN & CEO
Phone
(408) 291-8650
Return prepared by
ARMANINO ADVISORY LLC

Mission

THE CORPORATION SERVES AS GENERAL PARTNER FOR TWO TAX CREDIT PARTNERSHIPS PROVIDING AFFORDABLE HOUSING. IT WAS MOVED FROM 100% OWNED RENTAL PROPERTIES STARTING JANUARY 1, 2024.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION SERVES AS GENERAL PARTNER OF TWO LIMITED PARTNERSHIPS AND PROVIDES MANAGEMENT SERVICES TO BOTH PARTNERSHIPS. EACH PARTNERSHIP OWNS AND OPERATES MULTI-FAMILY APARTMENT BUILDINGS FOR A TOTAL OF 87 UNITS IN SAN JOSE AND SUNNYVALE. 209 PEOPLE WERE SERVED DURING THE YEAR.
    Expenses $1,803,459 · grants $1,612,312 · revenue $2,000

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
77-0329569
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1993
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$39,806
Income (IRS master file)
$9,884

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$36,882,846$25,945,822$2,243,652IRS
990December 2022$4,686,516$5,065,571$16,687,590IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 RINCON DE LOS ESTEROS INC

What is the EIN of RINCON DE LOS ESTEROS INC?
The employer identification number (EIN) of RINCON DE LOS ESTEROS INC is 77-0329569.
Is RINCON DE LOS ESTEROS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to RINCON DE LOS ESTEROS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does RINCON DE LOS ESTEROS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of RINCON DE LOS ESTEROS 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 RINCON DE LOS ESTEROS 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 RINCON DE LOS ESTEROS INC?
The 990 for the year ended December 31, 2024 names RICHARD CONNIFF.
Who are the officers and directors of RINCON DE LOS ESTEROS INC?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does RINCON DE LOS ESTEROS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of -$50,372, expenses of $1,891,312 and total assets of $39,806 at year end.

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