Nonprofit · EIN 82-4875279
CRG FOUNDATION INC
Tax-exempt · SANTA MONICA, CA 90405
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $463,386 | $562,616 | -$99,230 | $844,175 | $319,679 | $524,496 |
| December 31, 2023 | 990 | $546,842 | $196,422 | $350,420 | $1,164,109 | $540,383 | $623,726 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $318,100
- Program service revenue
- $66,941
- Investment income
- $20,965
- Net gain from sales of assets
- $20,965
- Other revenue
- $57,380
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $28,362
- Salaries, compensation and benefits (total)
- $28,362
- Professional fundraising fees
- $0
- Legal fees
- $10,193
- Travel
- $8,007
- Program services (functional)
- $538,039
- Management and general (functional)
- $23,780
- Fundraising (functional)
- $797
Balance sheet and other
- Total assets, start of year
- $1,164,109
- Total assets, end of year
- $844,175
- Total liabilities, end of year
- $319,679
- Net assets, end of year
- $524,496
- Net assets without donor restrictions
- $524,496
- Gross receipts
- $744,878
- Employees
- 0
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Erica Connelly | Director Trustee or director | 9.3 | $28,362 |
| Mark S Adams | CEO Trustee or director, Officer | 1 | $0 |
| Martin Yuen | CFO Trustee or director, Officer | 1 | $0 |
| Michael McColloch | Secretary Trustee or director, Officer | 0.5 | $0 |
| Daniel Vistica | Director Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark S Adams | CEO Trustee or director, Officer | 1 | $0 |
| Martin Yuen | CFO Trustee or director, Officer | 1 | $0 |
| Michael McColloch | Secretary Trustee or director, Officer | 1 | $0 |
| Daniel Vistica | Director Trustee or director | 1 | $0 |
| Erica Connelly | Director Trustee or director | 7.5 | $0 |
Address and contacts
- Address (IRS master file)
- 3435 OCEAN PARK BLVD STE 107, SANTA MONICA, CA 90405-3320
- Mailing address (990-N for 2019)
- 2716 OCEAN PARK BLVD SUITE 3010, SANTA MONICA CA 90405
- Principal officer (990 for 2024)
- Mark S Adams, 3435 OCEAN PARK BLVD SUITE 107, SANTA MONICA, CA 90405
- Principal officer (990-N for 2019)
- MARK ADAMS, 2716 OCEAN PARK BLVD SUITE 3010, SANTA MONICA CA 90405
- Signed the 990
- Mark S Adams, CEO
- Phone
- (310) 471-8181
- Website
- www.crg.foundation
- Return prepared by
- Tovella Dowling PC
California records
California keeps its own records of charities and corporations. Search them by EIN 82-4875279 or by the name CRG FOUNDATION 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
to promote the health and safety receivership remedy as a solution to blighted and abandoned properties in states other than California
Program accomplishments
- In 2024, the organization continued to expand its receivership program, increasing the number of properties under receivership in Tennessee and conducting outreach to establish a receivership program in Dallas, Texas, and to develop a receivership program in Virginia. The organization maintained its ongoing work with the Vacant Property Receivership Consortium in conjunction with academics, other nonprofits, and contacts in Tennessee, Maryland, Massachusetts, and Washington, D.C., to increase knowledge and use of health and safety receivership nationwide. Key accomplishments included the establishment of a Community of Practice comprising more than 100 receivership professionals, with monthly communications and quarterly meetings to facilitate knowledge sharing and collaboration. Additionally, the organization presented the receivership remedy at a national conference with approximately 1,000 attendees to further expand receivership outreach and awareness. These efforts continued to promote receivership as an effective community revitalization tool and strengthened the organization's national network of receivership advocates and practitioners.Expenses $538,039 · revenue $145,286
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-4875279
- 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
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $844,175
- Income (IRS master file)
- $744,878
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $463,386 | $562,616 | $844,175 | XML |
| 990 | December 2023 | $546,842 | $196,422 | $1,164,109 | XML |
| 990 | December 2022 | $425,674 | $367,567 | $831,616 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: MARK ADAMS | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 82-4875279).
Questions about CRG FOUNDATION INC
- What is the EIN of CRG FOUNDATION INC?
- The employer identification number (EIN) of CRG FOUNDATION INC is 82-4875279.
- Is CRG FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to CRG FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CRG FOUNDATION 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 CRG FOUNDATION 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 CRG FOUNDATION 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 CRG FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names Mark S Adams.
- Who are the officers and directors of CRG FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $28,362 (Erica Connelly, Director).
- How much revenue does CRG FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $463,386, expenses of $562,616 and total assets of $844,175 at year end.
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