Nonprofit · EIN 95-4550322
CORPORATION FOR BETTER HOUSING
Tax-exempt · WOODLAND HLS, CA 91364
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,815,276 | $9,469,949 | -$1,654,673 | $527,892,247 | $448,208,023 | $79,684,224 |
| December 31, 2023 | 990 | $9,116,266 | $7,774,780 | $1,341,486 | $446,945,353 | $366,617,332 | $80,328,021 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,409,487
- Investment income
- $405,789
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $348,080
- Other salaries and wages
- $219,029
- Salaries, compensation and benefits (total)
- $628,984
- Professional fundraising fees
- $0
- Legal fees
- $360,564
- Accounting fees
- $35,585
- Occupancy
- $66,561
- Travel
- $70,028
- Program services (functional)
- $9,054,349
- Management and general (functional)
- $415,600
Balance sheet and other
- Total assets, start of year
- $446,945,353
- Total assets, end of year
- $527,892,247
- Total liabilities, end of year
- $448,208,023
- Net assets, end of year
- $79,684,224
- Land, buildings and equipment
- $8,937,774
- Gross receipts
- $7,815,276
- Employees
- 3
- Year formed
- 1995
- 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 |
|---|---|---|---|---|
| LORI KOESTER | Executive Dir. Trustee or director, Officer | 40 | $326,427 | $21,653 |
| JOHN ELEFTHERIOU | CEO Trustee or director, Officer | 1 | $0 | $0 |
| Mike Ismail | Director Trustee or director | 1 | $0 | $0 |
| ROB TIDD | Secretary Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LORI KOESTER | Executive Dir. Trustee or director, Officer | 40 | $374,690 | $18,227 |
| JOHN ELEFTHERIOU | CEO Trustee or director, Officer | 1 | $0 | $0 |
| Mike Ismail | Director Trustee or director | 1 | $0 | $0 |
| ROB TIDD | Secretary Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 20750 VENTURA BLVD STE 155, WOODLAND HLS, CA 91364-6202
- Principal officer (990 for 2024)
- LORI KOESTER, 20750 Ventura Blvd 155, Woodland Hills, CA 91364
- Signed the 990
- LORI KOESTER, Executive Director
- Phone
- (818) 905-2430
- Website
- www.corpforbetterhousing.com
- Return prepared by
- Boggeln & Company Inc
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4550322 or by the name CORPORATION FOR BETTER HOUSING.
- 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 promote and assist in the development and improvement of low-income housing in the United States, principally in the state of California.
Program accomplishments
- The organization has developed 6,320 affordable housing units in 22 counties in CaliforniaExpenses $9,054,349 · revenue $7,409,487
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
- 95-4550322
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L25)
- Assets (IRS master file)
- $527,892,247
- Income (IRS master file)
- $7,815,276
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,815,276 | $9,469,949 | $527,892,247 | XML |
| 990 | December 2023 | $9,116,266 | $7,774,780 | $446,945,353 | XML |
| 990 | December 2022 | $20,928,821 | $9,106,583 | $399,165,553 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 95-4550322).
Questions about CORPORATION FOR BETTER HOUSING
- What is the EIN of CORPORATION FOR BETTER HOUSING?
- The employer identification number (EIN) of CORPORATION FOR BETTER HOUSING is 95-4550322.
- Is CORPORATION FOR BETTER HOUSING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to CORPORATION FOR BETTER HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CORPORATION FOR BETTER HOUSING 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 CORPORATION FOR BETTER HOUSING 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 CORPORATION FOR BETTER HOUSING 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 CORPORATION FOR BETTER HOUSING?
- The 990 for the year ended December 31, 2024 names LORI KOESTER.
- Who are the officers and directors of CORPORATION FOR BETTER HOUSING?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $326,427 (LORI KOESTER, Executive Dir.).
- How much revenue does CORPORATION FOR BETTER HOUSING have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,815,276, expenses of $9,469,949 and total assets of $527,892,247 at year end.
Other nonprofits in WOODLAND HLS
- HOMES FOR FAMILIES EIN 26-2932191 · last filed 990 for 2023
- LOVING HANDS CHILDRENS HOME EIN 46-5661758 · last filed 990 for 2024
- THE HOPE HOUSE FOR WOMEN INC EIN 20-0698798 · last filed 990-EZ for 2025
- AFFORDABLE RENT PROJECT INC EIN 46-1538325 · last filed 990-EZ for 2025
- MOTION PICTURE AND TELEVISION FUND EIN 95-1652916 · last filed 990 for 2024
- EL CAMINO REAL ALLIANCE EIN 27-4855978 · last filed 990 for 2025
- FRITZ B BURNS FOUNDATION EIN 94-3218106 · last filed 990-PF for 2025
- ISRAELI-AMERICAN COUNCIL EIN 22-3951652 · last filed 990 for 2025
All nonprofits in WOODLAND HLS · California · Housing and shelter