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Nonprofit · EIN 95-3161421

SEAVIEW LUTHERAN PLAZA INC

Tax-exempt · CORONA DL MAR, CA 92625

Financials

$355K$2.1M2022$1.4M$2.6M2023$872K$3.4M2024
Revenue Expenses · by fiscal year end
Financials of SEAVIEW LUTHERAN PLAZA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$871,581$3,396,555-$2,524,974$42,571,120$6,985$42,564,135
December 31, 2023990$1,363,794$2,566,766-$1,202,972$42,570,791$1,311$42,569,480
December 31, 2022990$354,804$2,132,842-$1,778,038$43,812,694$40,242$43,772,452
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$871,388
Net gain from sales of assets
$454,742
Other revenue
$193

Expenses

Grants and similar amounts paid
$2,930,570
Compensation of officers, directors and key employees
$231,000
Salaries, compensation and benefits (total)
$231,000
Professional fundraising fees
$0
Legal fees
$6,812
Accounting fees
$7,700
Travel
$2,210
Program services (functional)
$2,930,570
Management and general (functional)
$465,985

Balance sheet and other

Total assets, start of year
$42,570,791
Total assets, end of year
$42,571,120
Total liabilities, end of year
$6,985
Net assets, end of year
$42,564,135
Net assets without donor restrictions
$42,564,135
Gross receipts
$40,311,638
Employees
0
Year formed
1976
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.

NameTitleHours / weekCompensation
ERIC SATERMOPresident
Trustee or director, Officer
2$150,000
BRENT GORDONFoundation Mgr.
Trustee or director
0$18,900
DOROTHEA SUE SILAVSTreasurer
Trustee or director, Officer
1$17,400
REV MARK C ANDERSONFoundation Mgr.
Trustee or director
0$17,400
JULIE R LELOFoundation Mgr.
Trustee or director
0$13,800
LOUISE SAWYERDirector
Trustee or director
0$13,500
RAY FLASKAMPERVice President
Trustee or director, Officer
0.5$0
PAMELA JEAN PLATZSecretary
Trustee or director, Officer
0.5$0
GARY ABRAHAMDirector
Trustee or director
0$0
DARIN SHEEKDirector
Trustee or director
0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Eric SatermoPres. & LLC Mgr
Trustee or director, Officer
2$90,000
Dorothea Sue SilavsTreas/Grant Mbr
Trustee or director, Officer
1$11,900
Louise SawyerDir/Grant Co Mb
Trustee or director
0$9,550
Julie R LeloGrant Comm Mbr
Trustee or director
0$9,550
Rev Mark C AndersonGrant Comm Mbr
Trustee or director
0$9,250
Brent GordonGrant Comm Mbr
Trustee or director
0$7,200
Ray FlaskamperVice President
Trustee or director, Officer
0.5$0
Pamela Jean PlatzSecretary
Trustee or director, Officer
0.5$0
Gary AbrahamDirector
Trustee or director
0$0
Darin SheekDirector
Trustee or director
0$0
990 for the year ended December 31, 2022: 9 people
NameTitleHours / weekCompensation
Eric SatermoPresident
Trustee or director, Officer
2$75,000
Dorothea Sue SilavsTreasurer
Trustee or director, Officer
1$12,750
Rev Mark C AndersonEx Officio
Trustee or director
0$10,000
Louise SawyerDirector
Trustee or director
0$9,000
Julie R LeloDirector
Trustee or director
0$7,500
Gary AbrahamDirector
Trustee or director
0$4,000
Darin SheekDirector
Trustee or director
0$4,000
Ray FlaskamperVice President
Trustee or director, Officer
0.5$3,000
Pamela Jean PlatzSecretary
Trustee or director, Officer
0.5$3,000

Address and contacts

Address (IRS master file)
2900 PACIFIC VIEW DR, CORONA DL MAR, CA 92625-1122
In care of
% CARING HOUSING MINISTRIES
Signed the 990
ERIC SATERMO, President
Phone
(949) 923-8681
Return prepared by
Barnett & Company Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 95-3161421 or by the name SEAVIEW LUTHERAN PLAZA INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

ON JULY 31,2021, THE ORGANIZATION SOLD THE HOUSING PROJECT AND PROCEEDS FROM SALE OFPROPERTY WILL BE USED TO FURTHER THE MISSION OF THE ASSOCIATED CHURCH. THE ORGANIZATION PLANS TO DISTRIBUTE (OVER A NUMBER OF YEARS) ALL PROCEEDS TO VARIOUS ASSOCIATED CHURCHES AND OTHER NON-PROFIT ORGANIZATION THAT MEETS THE MISSION OF THEORGANIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • 1521 FOUNDATION LLC, A SINGLE MEMBER LIMITED LIABILITY COMPANY - FORMED IN THE STATEOF WYOMING FEIN #88-1396947 AND WY ID #2022-XXX-XX-XXXX. THE SINGLE MEMBER LLC ISWHOLLY OWNED BY SEAVIEW LUTHERN PLAZA INC. THE LLC INVESTS IN STOCK, BONDS, ANDMUTUAL FUNDS USING THE PROCEEDS OF THE INVESTMENTS TO FURTHER THE MISSION OF THEASSOCIATED CHURCH. THE ORGANIZATION PLANS TO DISTRIBUTE (OVER A NUMBER OF YEARS) ALLPROCEEDS TO VARIOUS RELIGIOUS, CHARITABLE AND/OR SCIENTIFIC NON-PROFIT ORGANIZATIONS THAT MEETS THE MISSION OF THE ORGANIZATION.
    Expenses $2,833,070 · revenue $836,055
  • THE ORGANIZATION AND ITS SOLE PASS THROUGH ENTITY - 1521 FOUNDATION, LLC HAS BEENORGANIZED TO PROVIDE FINANCIAL ASSISTANCE AND SUPPORT TO VARIOUS CHURCHES ANDNON-PROFIT ORGANIZATIONS THAT SHARE THE SAME VISION AND CHARITABLE NATURE. FUNDSNEEDED TO ACHIEVE THIS MISSION COME FROM PROCEEDS FROM THE SALE OF THE HOUSING PROJECT SEAVIEW LUTHERAN PLAZA, INC., OWNED AND SOLD IN JULY 2021 ALONGWITH WITH THEINVESTMENT INCOME IT EARNS FROM ITS PRINCIPAL INVESTMENT IN THESE ACCOUNTS. THEORGANIZATION PLANS TO DISTRIBUTE (OVER A NUMBER OF YEARS) ALL PROCEEDS TO VARIOUSRELIGIOUS,CHARITABLE AND / OR SCIENTIFIC NON-PROFIT ORGANIZATIONS.
    Expenses $97,500 · revenue $35,528

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
95-3161421
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$42,571,120
Income (IRS master file)
$40,311,638

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$871,581$3,396,555$42,571,120IRS
990December 2023$1,363,794$2,566,766$42,570,791XML
990December 2022$354,804$2,132,842$43,812,694XML
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 95-3161421).

Questions about SEAVIEW LUTHERAN PLAZA INC

What is the EIN of SEAVIEW LUTHERAN PLAZA INC?
The employer identification number (EIN) of SEAVIEW LUTHERAN PLAZA INC is 95-3161421.
Is SEAVIEW LUTHERAN PLAZA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to SEAVIEW LUTHERAN PLAZA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SEAVIEW LUTHERAN PLAZA 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 SEAVIEW LUTHERAN PLAZA 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 SEAVIEW LUTHERAN PLAZA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of SEAVIEW LUTHERAN PLAZA INC?
The 990 for the year ended December 31, 2024 lists 10 people; 6 received compensation from the organization, the highest $150,000 (ERIC SATERMO, President).
How much revenue does SEAVIEW LUTHERAN PLAZA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $871,581, expenses of $3,396,555 and total assets of $42,571,120 at year end.

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