Nonprofit · EIN 95-2461674
GRACE TOWER INC
Tax-exempt · SAN DIEGO, CA 92127
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $6,538,888 | $2,361,445 | $4,177,443 | $43,746,407 | $13,554,972 | $30,191,435 |
| December 31, 2024 | 990 | $5,544,291 | $2,324,826 | $3,219,465 | $39,627,989 | $13,434,379 | $26,193,610 |
| December 31, 2023 | 990 | $5,139,045 | $2,241,952 | $2,897,093 | $36,630,423 | $13,605,023 | $23,025,400 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,904,564
- Investment income
- $1,537,356
- Other revenue
- $96,968
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $392,412
- Salaries, compensation and benefits (total)
- $454,772
- Professional fundraising fees
- $0
- Depreciation
- $407,190
- Program services (functional)
- $1,872,375
- Management and general (functional)
- $489,070
Balance sheet and other
- Total assets, start of year
- $39,627,989
- Total assets, end of year
- $43,746,407
- Total liabilities, end of year
- $13,554,972
- Net assets, end of year
- $30,191,435
- Land, buildings and equipment
- $12,071,960
- Publicly traded securities
- $15,247,083
- Net assets without donor restrictions
- $30,191,435
- Gross receipts
- $6,538,888
- Employees
- 6
- Volunteers
- 6
- Year formed
- 1967
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMIL J WOHL | President Trustee or director, Officer | 1 | $0 |
| AL DEBERARDINIS | Director Trustee or director | 1 | $0 |
| ROBERT L RENTTO | Secretary/CFO Trustee or director, Officer | 1 | $0 |
| JAMES A CHATFIELD | Director Trustee or director | 1 | $0 |
| MICHAEL GIBSON | Director Trustee or director | 1 | $0 |
| DREW HUBBELL | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMIL J WOHL | President Trustee or director, Officer | 1 | $0 |
| AL DEBERARDINIS | Director Trustee or director | 1 | $0 |
| ROBERT L RENTTO | Secretary/CFO Trustee or director, Officer | 1 | $0 |
| JAMES A CHATFIELD | Director Trustee or director | 1 | $0 |
| MICHAEL GIBSON | Director Trustee or director | 1 | $0 |
| DREW HUBBELL | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMIL J WOHL | President Trustee or director, Officer | 1 | $0 |
| AL DEBERARDINIS | Director Trustee or director | 1 | $0 |
| ROBERT L RENTTO | Secretary/CFO Trustee or director, Officer | 1 | $0 |
| JAMES A CHATFIELD | Director Trustee or director | 1 | $0 |
| MICHAEL GIBSON | Director Trustee or director | 1 | $0 |
| DREW HUBBELL | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 17150 VIA DEL CAMPO STE 307, SAN DIEGO, CA 92127-2139
- Principal officer (990 for 2025)
- EMIL J WOHL, 17150 VIA DEL CAMPO 307, SAN DIEGO, CA 92127
- Signed the 990
- EMIL J WOHL, President
- Phone
- (858) 312-8170
- Return prepared by
- Leaf & Cole LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-2461674 or by the name GRACE TOWER 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 OPERATE AN APARTMENT COMPLEX OF 168 UNITS TO PROVIDE LOW-INCOME HOUSING FOR ELDERLY TENANTS.
Program accomplishments
- H.U.D. PROJECT #129-SH060 PROVIDES 168 UNITS OF RENTAL HOUSING TO LOW-INCOME ELDERLY TENANTS.Expenses $1,872,375 · revenue $4,904,564
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 | 990 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
- 95-2461674
- 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
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L220)
- Assets (IRS master file)
- $43,746,407
- Income (IRS master file)
- $6,538,888
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $6,538,888 | $2,361,445 | $43,746,407 | XML |
| 990 | December 2024 | $5,544,291 | $2,324,826 | $39,627,989 | XML |
| 990 | December 2023 | $5,139,045 | $2,241,952 | $36,630,423 | XML |
| 990 | December 2022 | $4,208,003 | $2,142,951 | $33,970,858 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 95-2461674).
Questions about GRACE TOWER INC
- What is the EIN of GRACE TOWER INC?
- The employer identification number (EIN) of GRACE TOWER INC is 95-2461674.
- Is GRACE TOWER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to GRACE TOWER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GRACE TOWER 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 GRACE TOWER INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRACE TOWER INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GRACE TOWER INC?
- The 990 for the year ended December 31, 2025 names EMIL J WOHL.
- Who are the officers and directors of GRACE TOWER INC?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does GRACE TOWER INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $6,538,888, expenses of $2,361,445 and total assets of $43,746,407 at year end.
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