Nonprofit · EIN 94-3165510
SAN CARLOS DEVELOPMENT CORPORATION
Tax-exempt · SAN CARLOS, CA 94070
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,937,504 | $8,625,855 | $311,649 | $22,230,168 | $13,302,687 | $8,927,481 |
| December 31, 2023 | 990 | $8,912,318 | $8,079,825 | $832,493 | $22,238,039 | $13,672,466 | $8,565,573 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $8,914,790
- Investment income
- $22,714
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $18,530
- Compensation of officers, directors and key employees
- $548,063
- Other salaries and wages
- $3,764,294
- Salaries, compensation and benefits (total)
- $5,573,288
- Professional fundraising fees
- $0
- Legal fees
- $23,567
- Accounting fees
- $20,025
- Depreciation
- $549,376
- Program services (functional)
- $7,377,267
- Management and general (functional)
- $1,248,588
Balance sheet and other
- Total assets, start of year
- $22,238,039
- Total assets, end of year
- $22,230,168
- Total liabilities, end of year
- $13,302,687
- Net assets, end of year
- $8,927,481
- Land, buildings and equipment
- $9,566,658
- Gross receipts
- $8,937,504
- Employees
- 110
- Year formed
- 1992
- 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 | Other / benefits |
|---|---|---|---|---|
| SCOTT EVANS | EXECUTIVE DI Trustee or director, Officer | 40 | $279,870 | $27,908 |
| MARIBEL CARINO | HEALTH SERVI Highest-paid employee | 40 | $163,817 | $19,800 |
| CHRISTINE ACKERMAN | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| STEVE DIVNEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MICHAEL GARVEY | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTINE KING | VICE PRESIDE Trustee or director, Officer | 2 | $0 | $0 |
| JERRY KRAUSE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| GREG MCCARTHY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NEKAYA NACHMANN | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT EVANS | EXECUTIVE DI Trustee or director, Officer | 40 | $271,166 | $28,430 |
| MARIBEL CARINO | HEALTH SERVI Highest-paid employee | 40 | $155,930 | $20,140 |
| CHRISTINE ACKERMAN | SECRETARY Trustee or director, Officer | – | $0 | $0 |
| STEVE DIVNEY | DIRECTOR Trustee or director | – | $0 | $0 |
| MICHAEL GARVEY | PRESIDENT Trustee or director, Officer | – | $0 | $0 |
| CHRISTINE KING | VICE PRESIDE Trustee or director, Officer | – | $0 | $0 |
| JERRY KRAUSE | TREASURER Trustee or director, Officer | – | $0 | $0 |
| GREG MCCARTHY | DIRECTOR Trustee or director | – | $0 | $0 |
| NEKAYA NACHMANN | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 707 ELM ST, SAN CARLOS, CA 94070-3004
- In care of
- % VTD
- Principal officer (990 for 2024)
- MICHAEL GARVEY, 60 WALTON ST, SAN CARLOS, CA 94070
- Signed the 990
- SCOTT EVANS, EXECUTIVE DIRECTOR
- Phone
- (650) 462-0400
- Website
- WWW.SANCARLOSELMS.COM
- Return prepared by
- JAMIE BAKER & COMPANY
California records
California keeps its own records of charities and corporations. Search them by EIN 94-3165510 or by the name SAN CARLOS DEVELOPMENT CORPORATION.
- 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
ASSISTED HOUSING FOR THE ELDERLY AND DEMENTIA INDIVIDUALS
Program accomplishments
- PROVIDE ASSISTED HOUSING FOR ELDERLY AND DEMENTIA INDIVIDUALSExpenses $7,377,267 · grants $18,530 · revenue $8,914,790
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
- 94-3165510
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L220)
- Assets (IRS master file)
- $22,230,168
- Income (IRS master file)
- $8,937,504
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,937,504 | $8,625,855 | $22,230,168 | IRS |
| 990 | December 2023 | $8,912,318 | $8,079,825 | $22,238,039 | XML |
| 990 | December 2022 | $8,159,643 | $7,798,936 | $21,937,926 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 94-3165510).
Questions about SAN CARLOS DEVELOPMENT CORPORATION
- What is the EIN of SAN CARLOS DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of SAN CARLOS DEVELOPMENT CORPORATION is 94-3165510.
- Is SAN CARLOS DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SAN CARLOS DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SAN CARLOS DEVELOPMENT CORPORATION 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 SAN CARLOS DEVELOPMENT CORPORATION 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 SAN CARLOS DEVELOPMENT CORPORATION 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 SAN CARLOS DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names MICHAEL GARVEY.
- Who are the officers and directors of SAN CARLOS DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $279,870 (SCOTT EVANS, EXECUTIVE DI).
- How much revenue does SAN CARLOS DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,937,504, expenses of $8,625,855 and total assets of $22,230,168 at year end.
Other nonprofits in SAN CARLOS
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- BENIFICUS FOUNDATION EIN 77-0444504 · last filed 990-PF for 2024
- VILLAGE ENTERPRISE FUND INC EIN 22-2852248 · last filed 990 for 2025
- STARVISTA EIN 94-3094966 · last filed 990 for 2024
- INCAENDO EIN 99-4657560 · last filed 990 for 2025
- ONE LIFE COUNSELING CENTER EIN 81-0919786 · last filed 990 for 2025
- SAN CARLOS CHARTER LEARNING CENTER EIN 27-4192987 · last filed 990 for 2025
- SAN CARLOS EDUCATIONAL FOUNDATION EIN 94-2842712 · last filed 990 for 2025
All nonprofits in SAN CARLOS · California · Housing and shelter