Nonprofit · EIN 94-2577893
PLANO DEVELOPMENT CORP
Tax-exempt · VISALIA, CA 93277
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,149,617 | $865,640 | $283,977 | $3,211,851 | $3,117,410 | $94,441 |
| June 30, 2024 | 990 | $1,157,783 | $1,003,957 | $153,826 | $3,123,833 | $3,313,369 | -$189,536 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,135,307
- Investment income
- $12,735
- Other revenue
- $1,575
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $84,344
- Salaries, compensation and benefits (total)
- $93,441
- Professional fundraising fees
- $0
- Legal fees
- $3,500
- Accounting fees
- $6,282
- Depreciation
- $102,911
- Program services (functional)
- $781,974
- Management and general (functional)
- $83,666
Balance sheet and other
- Total assets, start of year
- $3,123,833
- Total assets, end of year
- $3,211,851
- Total liabilities, end of year
- $3,117,410
- Net assets, end of year
- $94,441
- Land, buildings and equipment
- $1,210,122
- Net assets without donor restrictions
- -$1,233,844
- Net assets with donor restrictions
- $1,328,285
- Gross receipts
- $1,149,617
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1979
- 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 |
|---|---|---|---|
| GILBERT YNIGUES | PRESIDENT Officer | 1 | $0 |
| TOMAS VELASQUEZ | VICE PRESIDENT Officer | 1 | $0 |
| JOE L MORENO | CHAIR Officer | 1 | $0 |
| LINDA CAMARENA | TREASURER Officer | 1 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GILBERT YNIGUES | PRESIDENT Officer | 1 | $0 |
| TOMAS VELASQUEZ | VICE PRESIDENT Officer | 1 | $0 |
| JOE L MORENO | CHAIR Officer | 1 | $0 |
| LINDA CAMARENA | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5140 W CYPRESS AVE, VISALIA, CA 93277-8303
- Principal officer (990 for 2024)
- GILBERT YNIGUES, 5140 W CYPRESS AVENUE, VISALIA, CA 93277
- Signed the 990
- GILBERT YNIGUES, PRESIDENT
- Phone
- (559) 627-3700
- Return prepared by
- KELLER AND ASSOCIATES LLP
Mission
TO PROVIDE HOUSING FOR THE ELDERLY AND DISABLED PERSONS WITH LOW AND MODERATE INCOME LEVELS.
Program accomplishments
- THE PURPOSE OF PLANO DEVELOPMENT CORPORATION IS TO PROVIDE LOW-INCOME, ELDERLY AND DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS UNDER SECTION 202/SECTION 8 OF THE NATIONAL HOUSING ACT.Expenses $781,974 · revenue $1,149,617
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
- 94-2577893
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21Z)
- Assets (IRS master file)
- $3,211,851
- Income (IRS master file)
- $1,149,617
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,149,617 | $865,640 | $3,211,851 | XML |
| 990 | June 2024 | $1,157,783 | $1,003,957 | $3,123,833 | XML |
| 990 | June 2023 | $1,123,761 | $848,672 | $3,084,078 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 PLANO DEVELOPMENT CORP
- What is the EIN of PLANO DEVELOPMENT CORP?
- The employer identification number (EIN) of PLANO DEVELOPMENT CORP is 94-2577893.
- Is PLANO DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to PLANO DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PLANO DEVELOPMENT CORP 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 PLANO DEVELOPMENT CORP 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 PLANO DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PLANO DEVELOPMENT CORP?
- The 990 for the year ended June 30, 2025 names GILBERT YNIGUES.
- Who are the officers and directors of PLANO DEVELOPMENT CORP?
- The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does PLANO DEVELOPMENT CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,149,617, expenses of $865,640 and total assets of $3,211,851 at year end.
Other nonprofits in VISALIA
- SELF HELP ENTERPRISES EIN 94-1592676 · last filed 990 for 2025
- KAWEAH MANAGEMENT COMPANY EIN 94-2438334 · last filed 990 for 2025
- PHOENIX TRANSITIONAL HOUSING PLUS EIN 47-5651610 · last filed 990 for 2024
- SALT AND LIGHT WORKS EIN 35-2667828 · last filed 990 for 2024
- KINGS TULARE CONTINUUM OF CARE ON HOMELESSNESS EIN 27-0522489 · last filed 990 for 2025
- CENTRAL CALIFORNIA SENIOR HOUSING INC EIN 23-7229653 · last filed 990 for 2025
- ALMOND COURT INC EIN 77-0413862 · last filed 990 for 2024
- NORTH PARK APARTMENTS HOUSING CORPORATION EIN 77-0425628 · last filed 990 for 2026
All nonprofits in VISALIA · California · Housing and shelter