Nonprofit · EIN 85-1986281
SOCAL CHAPTER OF THE IFA
Tax-exempt · SHERMAN OAKS, CA 91403
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $23,498 | $21,816 | $1,682 | $2,574 | – | $2,574 |
| December 31, 2023 | 990-EZ | $15,963 | $15,302 | $661 | $892 | – | $892 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Program service revenue
- $23,490
- Investment income
- $8
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $8,155
- Other expenses
- $13,661
Balance sheet and other
- Total assets, start of year
- $892
- Total assets, end of year
- $2,574
- Total liabilities, end of year
- –
- Net assets, end of year
- $2,574
- Cash, savings and investments
- $2,574
- Gross receipts
- $23,498
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Cummings | President & CEO | 1 | $0 |
| Steven N Kurtz | Secretary | 1 | $0 |
| Greg Salomon | Director | 1 | $0 |
| Alexandra Scoggin | Director | 1 | $0 |
| Chris DeRosa | Vice President | 1 | $0 |
| Gino Clark | Director | 1 | $0 |
| Carrie Jenkins | Director | 1 | $0 |
| Maria Contino | Director | 1 | $0 |
| Josh Sichio | Director | 1 | $0 |
| Derrick Wong | Former CFO | 1 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Cummings | President & CEO | 1 | $0 |
| Steven N Kurtz | Secretary | 1 | $0 |
| Greg Salomon | Director | 1 | $0 |
| Alexandra Scoggin | Director | 1 | $0 |
| Derrick Wong | CFO | 1 | $0 |
| Gino Clark | Director | 1 | $0 |
| Carrie Jenkins | Director | 1 | $0 |
| Maria Contino | Director | 1 | $0 |
| Josh Sichio | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 15303 VENTURA BLVD 165, SHERMAN OAKS, CA 91403-3110
- In care of
- % JOHN R CUMMINGS
- Signed the 990-EZ
- John Cummings, President & CEO
- Phone
- (760) 535-2158
- Website
- http://www.socalifa.org
- Return prepared by
- ACCUVISORS INC
California records
California keeps its own records of charities and corporations. Search them by EIN 85-1986281 or by the name SOCAL CHAPTER OF THE IFA.
- 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
Promote interests of factoring companies
Program accomplishments
- Educational meetings and webinars on factoring topics
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 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-1986281
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $2,574
- Income (IRS master file)
- $23,498
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $23,498 | $21,816 | $2,574 | XML |
| 990-EZ | December 2023 | $15,963 | $15,302 | $892 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 85-1986281).
Questions about SOCAL CHAPTER OF THE IFA
- What is the EIN of SOCAL CHAPTER OF THE IFA?
- The employer identification number (EIN) of SOCAL CHAPTER OF THE IFA is 85-1986281.
- Is SOCAL CHAPTER OF THE IFA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2022.
- Are donations to SOCAL CHAPTER OF THE IFA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOCAL CHAPTER OF THE IFA file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SOCAL CHAPTER OF THE IFA 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 SOCAL CHAPTER OF THE IFA last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of SOCAL CHAPTER OF THE IFA?
- The 990-EZ for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does SOCAL CHAPTER OF THE IFA have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $23,498, expenses of $21,816 and total assets of $2,574 at year end.
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All nonprofits in SHERMAN OAKS · California · Community improvement and capacity building