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Nonprofit · EIN 82-4332625

FLEXIBLE PSH SOLUTIONS INC

Tax-exempt · LOS ANGELES, CA 90010

Financials

$1K$9K2023$1K$613K2024
Revenue Expenses · by fiscal year end
Financials of FLEXIBLE PSH SOLUTIONS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,290$612,642-$611,352$60,616,226$61,270,971-$654,745
December 31, 2023990$1,229$9,317-$8,088$57,782,168$57,825,561-$43,393
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$1,290

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$327,000
Other salaries and wages
$80,000
Salaries, compensation and benefits (total)
$408,290
Professional fundraising fees
$0
Program services (functional)
$327,000
Management and general (functional)
$285,642

Balance sheet and other

Total assets, start of year
$57,782,168
Total assets, end of year
$60,616,226
Total liabilities, end of year
$61,270,971
Net assets, end of year
-$654,745
Land, buildings and equipment
$60,596,857
Net assets without donor restrictions
-$654,745
Gross unrelated business income
$1,290
Gross receipts
$1,290
Employees
0
Volunteers
4
Year formed
2018
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
Paul FoxDirector
Trustee or director
1$0
Curtis HolguinDirector
Trustee or director
1$0
James KohnDirector
Trustee or director
1$0
Philip Nelson LeeDirector
Trustee or director
1$0
Stephen L HicksCEO
Trustee or director, Officer, Key employee
40$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Paul FoxDirector
Trustee or director
0.25$0
Curtis HolguinDirector
Trustee or director
0.5$0
James KohnDirector
Trustee or director
0.25$0
Philip Nelson LeeDirector
Trustee or director
0.25$0
John E MolloyCEO
Trustee or director, Officer
40$0
Stephen L HicksCFO
Trustee or director, Officer
40$0
Travis McClendonAssociate
Key employee
0$0

Address and contacts

Address (IRS master file)
3435 WILSHIRE BLVD STE 1400, LOS ANGELES, CA 90010-1923
In care of
% JOHN MOLLOY
Principal officer (990 for 2024)
Stephen L Hicks, 3435 Wilshire Blvd Ste 1400, Los Angeles, CA 94618
Signed the 990
Stephen Hicks, CFO
Phone
(213) 916-6806

California records

California keeps its own records of charities and corporations. Search them by EIN 82-4332625 or by the name FLEXIBLE PSH SOLUTIONS INC.

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

Mission

Flexible PSH Solutions, Inc. develops and operates permanent supportive housing (PSH) by offering a creative approach to increasing the volume of PSH that serves the chronically homeless in California and provides supportive services to help keep its tenants living in homes and not in the streets. The Organization advanced its development progress in respect of its Enlightenment Plaza project by completing its project funding for the Montesquieu, Rousseau, and Voltaire project phases. Substantial progress was made in the construction of each of the buildings making up the first three phases of Enlightenment Plaza. As of the close of the calendar year, funding decisions based on certain application requests made by F-PSH for the 4th phase of of the Project, Locke Lofts, were pending with the expectation that such applications would receive funding awards in the 1st qtr of 2024.

990 for the year ended December 31, 2024

Program accomplishments

  • Flexible PSH Solutions substantially advanced the development of the first 3 phases of its 5-phase Enlightenment Plaza affordable housing project in 2024, nearing construction completion of Montesquieu Manor, Rousseau Residences, and Voltaire Villas in support of more than 150 units of the total 387 planned units for the project. In addition, F-PSH secured funding commitments in support of its next project phase, Locke Lofts, a project phase that will build an additional 150 affordable permanent supportive housing units within the Enlightenment Plaza campus. Construction completion and receipt of its Certificates of Occupancy issued by the City of Los Angeles on the first three phases is expected in the 4th quarter of 2025 and the 1st quarter of 2025. The funding preparation work and commitments received for Locke Lofts that F-PSH accomplished in 2022 is anticipated to lead to construction financing closing during 4th qtr 2025, with ground-breaking occuring by the 1st qtr of 2026.
    Expenses $327,000
  • There were no additional program service accomplishments other than as described in accomplishment 1.0

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
82-4332625
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
2019
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$60,616,226
Income (IRS master file)
$1,290

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,290$612,642$60,616,226IRS
990December 2023$1,229$9,317$57,782,168XML
990December 2022$289,297$354,726$40,488,199IRS
990December 2021–––IRS
990December 2020–––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 82-4332625).

Questions about FLEXIBLE PSH SOLUTIONS INC

What is the EIN of FLEXIBLE PSH SOLUTIONS INC?
The employer identification number (EIN) of FLEXIBLE PSH SOLUTIONS INC is 82-4332625.
Is FLEXIBLE PSH SOLUTIONS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to FLEXIBLE PSH SOLUTIONS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FLEXIBLE PSH SOLUTIONS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FLEXIBLE PSH SOLUTIONS 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 FLEXIBLE PSH SOLUTIONS 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 FLEXIBLE PSH SOLUTIONS INC?
The 990 for the year ended December 31, 2024 names Stephen L Hicks.
Who are the officers and directors of FLEXIBLE PSH SOLUTIONS INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does FLEXIBLE PSH SOLUTIONS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,290, expenses of $612,642 and total assets of $60,616,226 at year end.

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