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Nonprofit · EIN 95-3651050

FOUNDATION PROPERTY MANAGEMENT INC

Tax-exempt · LONG BEACH, CA 90815

Financials

$14.5M$22.1M2022$14.5M$22.3M2023$14.7M$19.4M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION PROPERTY MANAGEMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$14,712,111$19,396,785-$4,684,674$2,481,566$45,027,195-$42,545,629
September 30, 2024990$14,537,334$22,325,298-$7,787,964$1,593,605$39,454,562-$37,860,957
September 30, 2023990$14,530,644$22,058,389-$7,527,745$1,157,599$31,230,592-$30,072,993
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$251,550
Program service revenue
$14,401,240
Investment income
$59,028
Other revenue
$293

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$655,123
Other salaries and wages
$3,155,077
Salaries, compensation and benefits (total)
$4,579,995
Professional fundraising fees
$0
Legal fees
$19,504
Travel
$386,428
Program services (functional)
$19,325,415
Management and general (functional)
$71,370

Balance sheet and other

Total assets, start of year
$1,593,605
Total assets, end of year
$2,481,566
Total liabilities, end of year
$45,027,195
Net assets, end of year
-$42,545,629
Land, buildings and equipment
$185
Net assets without donor restrictions
-$42,545,629
Gross receipts
$14,712,111
Employees
810
Volunteers
7
Year formed
1981
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
HARTMAN STUART JPRESIDENT/CEO
Officer
0.2$0$693,394$76,739
AMBERG ROBERT REXECUTIVE VP GEN COUNSEL
Key employee
0.2$0$475,930$54,717
ROSSELLO FRANK JRCFO AND VP OF FINANCE
Officer
0.2$0$457,628$30,494
FARD BOBBY JVP ACQUIS AND PROJ DEV
Key employee
0.2$0$300,470$26,130
ESCANDON YURI ANDREWVP HOUSING OPERATIONS
Officer
0.2$266,772$0$55,605
GILCHRIST KEVIN DARRELLVP DEV FIN & ASSET MGMT
Key employee
0.2$0$258,558$58,557
TITUS STEPHANIE LVP PHILANTHROPY/CSO
Key employee
0.2$0$251,721$58,388
BATTAGLIA NADAVP HUMAN RESOURCES
Key employee
0.2$0$252,697$53,518
KING DIANE DCOMPL AND PRIVACY OFFICER
Key employee
0.2$0$237,670$22,228
MAGNONE VINCENT BVP TREASURY & INVSTMT OFF
Key employee
0.2$0$233,022$21,761
CLOW JOHN CVP RISK MANAGEMENT
Key employee
0.2$0$226,254$22,289
ROBINSON TINA MVP HOUSING ACCOUNTING
Key employee
0.2$0$193,656$21,124
CHUNG DEAN HCONTROLLER
Key employee
0.2$0$181,894$31,777
HALL MAGGIE WASSOCIATE COUNSEL
Highest-paid employee
0.2$0$189,413$23,477
SILVA JOANNE LVP OCCUPANCY & TAX CREDIT
Key employee
0.2$183,549$0$28,973
17 more people on this return
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICKELSON LAVONNE RDIR OF AFFORD HOUSING OPS
Highest-paid employee
0.2$204,802$0$4,875
STECKBECK KENTBUDGET & ANALYTICS DIR
Highest-paid employee
0.2$0$200,731$5,371
PHELPS LORI ANNINFO SYSTEMS DIRECTOR
Highest-paid employee
0.2$0$198,115$5,944
SANCHEZ OMAR ECONSTRUCTION MANAGER SR
Highest-paid employee
0.2$0$183,630$15,920
FOX LAURA LDIRECTOR OF CORP RECORDS
Officer
0.2$0$164,261$18,022
DESAEGHER NORMA NPRESIDENT
Trustee or director, Officer
0.2$0$0$0
MAGNONA BRIANVICE PRESIDENT
Officer
0.2$0$0$0
MCKINNEY CHARLES NVICE PRESIDENT
Officer
0.2$0$0$0
LACAYO ARLENEASST. SECRETARY
Officer
0.2$0$0$0
DI MAMBRO DINAASST. SECRETARY
Officer
0.2$0$0$0
GUFFEY EDITH ADIRECTOR
Trustee or director
0.2$0$0$0
HART DONALD GDIRECTOR
Trustee or director
0.2$0$0$0
POLLOCK R JEFFREYDIRECTOR
Trustee or director
0.2$0$0$0
POTTER CHRISTINA EDIRECTOR
Trustee or director
0.2$0$0$0
EAST RAYMOND EDIRECTOR
Trustee or director
0.2$0$0$0
BUNN ANDREW RDIRECTOR
Trustee or director
0.2$0$0$0
WILSON CHERYLDIRECTOR
Trustee or director
0.2$0$0$0
990 for the year ended September 30, 2024: 22 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
HARTMAN STUART JPRESIDENT/CEO
Officer
0.2$0$617,596$68,128
AMBERG ROBERT REXECUTIVE VP GEN COUNSEL
Key employee
0.2$0$440,286$49,216
ROSSELLO FRANK JRCFO AND VP OF FINANCE
Officer
0.2$0$378,582$25,235
BATTAGLIA NADAVP HUMAN RESOURCES
Key employee
0.2$0$242,093$46,746
TITUS STEPHANIE LVP PHILANTHROPY/CSO
Key employee
0.2$0$239,642$49,191
NAPIERSKIE DAVID WVP HEALTH CARE OPERATIONS
Key employee
0.2$0$245,158$41,335
MAGNONE VINCENT BVP TREASURY & INVSTMT OFF
Key employee
0.2$0$246,158$37,102
FARD BOB JVP ACQUIS AND PROJ DEV
Key employee
0.2$0$259,219$21,908
GILCHRIST KEVIN DARRELLVP DEVELOPMENT FINANCE
Key employee
0.2$0$228,362$48,817
CLOW JOHN CVP RISK MANAGEMENT
Key employee
0.2$0$209,162$18,816
PURCELL CHRISTOPHERCONTROLLER
Key employee
0.2$0$197,200$19,731
ROBINSON TINA MVP HOUSING ACCOUNTING
Key employee
0.2$0$177,323$16,482
SILVA JOANNE LVP OCCUPANCY & TAX CREDIT
Key employee
0.2$0$166,856$23,842
MICKELSON LAVONNE RDIR OF AFFORD HOUSING OPS
Key employee
0.2$0$184,618$4,763
STECKBECK KENTBUDGET & ANALYTICS DIR
Key employee
0.2$0$177,682$5,331
PHELPS LORI ANNINFO SYSTEMS DIRECTOR
Key employee
0.2$0$173,077$5,192
FOX BUCHAN LAURA LCORP SEC & DIR OF CORP RECORDS
Officer
0.2$0$153,750$18,784
DESAEGHER NORMA NDIRECTOR
Trustee or director, Officer
0.2$0$0$0
EAST RAYMOND EDIRECTOR
Trustee or director
0.2$0$0$0
MOYER DAVID SDIRECTOR
Trustee or director, Officer
0.2$0$0$0
POLLOCK JEFFREY RDIRECTOR
Trustee or director
0.2$0$0$0
POTTER CHRISTINA EDIRECTOR
Trustee or director
0.2$0$0$0
990 for the year ended September 30, 2023: 22 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
HARTMAN STUART JPRESIDENT/CEO
Officer
0.2$0$608,035$74,029
AMBERG ROBERT REXECUTIVE VP GEN COUNSEL
Key employee
0.2$0$442,308$43,069
ROSSELLO FRANK JRCFO AND VP OF FINANCE
Officer
0.2$0$313,582$17,519
BATTAGLIA NADAVP HUMAN RESOURCES
Key employee
0.2$0$235,353$42,526
TITUS STEPHANIE LVP PHILANTHROPY/CSO
Key employee
0.2$0$231,220$42,394
MAGNONE VINCENT BVP TREASURY & INVSTMT OFF
Key employee
0.2$0$239,282$29,102
NAPIERSKIE DAVID WVP HEALTH CARE OPERATIONS
Key employee
0.2$0$242,812$11,672
GILCHRIST KEVIN DVP DEVELOPMENT FINANCE
Key employee
0.2$0$218,679$16,908
FARD BOBBY JVP ACQUIS AND PROJ DEV
Key employee
0.2$0$214,343$15,930
PURCELL CHRISTOPHER JCONTROLLER
Key employee
0.2$0$195,871$18,163
CLOW JOHN CVP RISK MANAGEMENT
Key employee
0.2$0$196,730$13,455
SILVA JOANNE LVP OCCUPANCY & TAX CREDIT
Highest-paid employee
0.2$0$158,830$21,653
MICKELSON LAVONNE RDIR OF AFFORD HOUSING OPS
Highest-paid employee
0.2$0$162,871$13,914
ROBINSON TINA MDIRECTOR OF ACCT EXEMPT
Highest-paid employee
0.2$0$161,428$13,535
STECKBECK KENTBUDGET & ANALYTICS DIR
Highest-paid employee
0.2$0$167,122$5,014
PHELPS LORI ANNINFO SYSTEMS DIRECTOR
Highest-paid employee
0.2$0$160,693$4,725
FOX BUCHAN LAURA LDIRECTOR AND CORPORATE SECRETARY
Officer
0.2$0$150,563$9,786
DESAEGHER NORMA NDIRECTOR
Trustee or director, Officer
0.2$0$0$0
EAST RAYMOND EDIRECTOR
Trustee or director
0.2$0$0$0
MOYER DAVID SDIRECTOR
Trustee or director, Officer
0.2$0$0$0
POLLOCK JEFFREY RDIRECTOR
Trustee or director
0.2$0$0$0
POTTER CHRISTINA EDIRECTOR
Trustee or director
0.2$0$0$0

Address and contacts

Address (IRS master file)
911 NORTH STUDEBAKER ROAD, LONG BEACH, CA 90815-4900
In care of
% PAYROLL DEPARTMENT
Principal officer (990 for 2024)
STUART HARTMAN, 911 N STUDEBAKER ROAD, LONG BEACH, CA 90815
Signed the 990
FRANK A ROSSELLO JR, VP FINANCE AND CFO
Phone
(562) 257-5100
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

California records

California keeps its own records of charities and corporations. Search them by EIN 95-3651050 or by the name FOUNDATION PROPERTY MANAGEMENT INC.

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

Mission

TO PROVIDE CENTRALIZED MANAGEMENT AND ADMINISTRATIVE SERVICES TO LOW AND VERY LOW INCOME AND MARKET RATE RETIREMENT HOUSING COMMUNITIES AND ASSISTED LIVING FACILITIES.

990 for the year ended September 30, 2025

Program accomplishments

  • TO PROVIDE CENTRALIZED MANAGEMENT AND ADMINISTRATIVE SERVICES TO OVER 190 RELATED TAX EXEMPT AND OTHER ORGANIZATIONS THAT OPERATE LOW AND VERY LOW INCOME AND MARKET RATE RETIREMENT HOUSING COMMUNITIES AND ASSISTED LIVING FACILITIES.
    Expenses $19,325,415 · revenue $14,460,561

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
95-3651050
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1981
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P020)
Assets (IRS master file)
$2,481,566
Income (IRS master file)
$14,712,111

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$14,712,111$19,396,785$2,481,566XML
990September 2024$14,537,334$22,325,298$1,593,605XML
990September 2023$14,530,644$22,058,389$1,157,599XML
990September 2022$16,360,712$20,815,741$929,784IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 95-3651050).

Questions about FOUNDATION PROPERTY MANAGEMENT INC

What is the EIN of FOUNDATION PROPERTY MANAGEMENT INC?
The employer identification number (EIN) of FOUNDATION PROPERTY MANAGEMENT INC is 95-3651050.
Is FOUNDATION PROPERTY MANAGEMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to FOUNDATION PROPERTY MANAGEMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FOUNDATION PROPERTY MANAGEMENT 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 FOUNDATION PROPERTY MANAGEMENT INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION PROPERTY MANAGEMENT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of FOUNDATION PROPERTY MANAGEMENT INC?
The 990 for the year ended September 30, 2025 names STUART HARTMAN.
Who are the officers and directors of FOUNDATION PROPERTY MANAGEMENT INC?
The 990 for the year ended September 30, 2025 lists 32 people; 3 received compensation from the organization.
How much revenue does FOUNDATION PROPERTY MANAGEMENT INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $14,712,111, expenses of $19,396,785 and total assets of $2,481,566 at year end.

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