Nonprofit · EIN 77-0395004
MAGNOLIA TREE APARTMENTS INC
Tax-exempt · BAKERSFIELD, CA 93301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $186,401 | $221,298 | -$34,897 | $343,435 | $1,906,417 | -$1,562,982 |
| June 30, 2024 | 990 | $194,750 | $252,723 | -$57,973 | $365,446 | $1,907,691 | -$1,542,245 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $184,231
- of which government grants
- $184,231
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $2,170
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $38,175
- Salaries, compensation and benefits (total)
- $38,175
- Professional fundraising fees
- $0
- Occupancy
- $11,995
- Depreciation
- $26,697
- Program services (functional)
- $187,916
- Management and general (functional)
- $33,382
Balance sheet and other
- Total assets, start of year
- $365,446
- Total assets, end of year
- $343,435
- Total liabilities, end of year
- $1,906,417
- Net assets, end of year
- -$1,562,982
- Land, buildings and equipment
- $224,737
- Net assets without donor restrictions
- -$1,562,982
- Gross receipts
- $186,401
- Employees
- 0
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL GIFFORD | President Trustee or director, Officer | 5 | $0 |
| MARILYN GIFFORD | TREASURER Trustee or director, Officer | 5 | $0 |
| BONITA STEELE | Secretary Trustee or director, Officer | 5 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BONITA STEELE | Secretary Trustee or director, Officer | 5 | $0 |
| MARILYN GIFFORD | TREASURER Trustee or director, Officer | 5 | $0 |
| MICHAEL GIFFORD | President Trustee or director, Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 1400 CHESTER AVE STE D, BAKERSFIELD, CA 93301-5449
- In care of
- % MICHAEL GIFFORD
- Signed the 990
- MICHAEL GIFFORD, PRESIDENT
- Phone
- (661) 326-1190
- Return prepared by
- Anthony Apodaca Accountancy Corp
California records
California keeps its own records of charities and corporations. Search them by EIN 77-0395004 or by the name MAGNOLIA TREE APARTMENTS INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
PROVIDE ASSISTED HOUSING
Program accomplishments
- THE PURPOSE OF MAGNOLIA TREE APARTMENTS IS TO PROVIDE HOUSING FOR THE DEVELOPMENTALY DISABLED. MAGNOLIA TREE APARTMENTS IS A 24 UNIT APARTMENT COMPLEX THAT IS OCCUPIED BY PERSONS WITH DEVELOPMENTAL DISABILITIESExpenses $187,916
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 77-0395004
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $343,435
- Income (IRS master file)
- $186,401
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $186,401 | $221,298 | $343,435 | XML |
| 990 | June 2024 | $194,750 | $252,723 | $365,446 | XML |
| 990 | June 2023 | $163,870 | $201,587 | $412,053 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 77-0395004).
Questions about MAGNOLIA TREE APARTMENTS INC
- What is the EIN of MAGNOLIA TREE APARTMENTS INC?
- The employer identification number (EIN) of MAGNOLIA TREE APARTMENTS INC is 77-0395004.
- Is MAGNOLIA TREE APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to MAGNOLIA TREE APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAGNOLIA TREE APARTMENTS 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 MAGNOLIA TREE APARTMENTS INC 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 MAGNOLIA TREE APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of MAGNOLIA TREE APARTMENTS INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does MAGNOLIA TREE APARTMENTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $186,401, expenses of $221,298 and total assets of $343,435 at year end.
Other nonprofits in BAKERSFIELD
- BAKERSFIELD RESCUE MISSION EIN 95-1890705 · last filed 990 for 2025
- STEWARDS INC EIN 77-0413341 · last filed 990 for 2024
- GOLDEN EMPIRE AFFORDABLE HOUSING INC EIN 77-0312361 · last filed 990 for 2024
- GOLDEN EMPIRE CHDO AFFORDABLE HOUSING INC EIN 42-1705858 · last filed 990 for 2025
- CASA ESPERANZA TRANSITIONAL HOME FOR WOMEN EIN 47-4019231 · last filed 990 for 2025
- GOLDEN EMPIRE AFFORDABLE HOUSING INC II EIN 77-0435140 · last filed 990 for 2024
- CANYON HILLS SENIOR HOUSING INC EIN 77-0492630 · last filed 990-PF for 2024
- HOUSING AND SUPPORTIVE SERVICES OF FRESNO EIN 05-0589106 · last filed 990 for 2024
All nonprofits in BAKERSFIELD · California · Housing and shelter