Nonprofit · EIN 95-4871106
INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP
Tax-exempt · PACOIMA, CA 91331
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,138,690 | $4,010,692 | $127,998 | $5,969,835 | $2,568,018 | $3,401,817 |
| June 30, 2024 | 990 | $3,754,153 | $2,704,478 | $1,049,675 | $5,669,704 | $1,962,366 | $3,707,338 |
| June 30, 2023 | 990 | $4,036,369 | $1,739,054 | $2,297,315 | $2,825,532 | $167,869 | $2,657,663 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $155,000
- Program service revenue
- $3,652,159
- Investment income
- $15,123
- Net rental income
- $160,412
- Other revenue
- $316,408
Expenses
- Grants and similar amounts paid
- $398,933
- Compensation of officers, directors and key employees
- $70,712
- Other salaries and wages
- $1,854,353
- Salaries, compensation and benefits (total)
- $2,287,949
- Professional fundraising fees
- $0
- Legal fees
- $4,610
- Accounting fees
- $21,999
- Occupancy
- $75,737
- Travel
- $30,973
- Depreciation
- $118,816
- Program services (functional)
- $3,909,708
- Management and general (functional)
- $100,984
Balance sheet and other
- Total assets, start of year
- $5,669,704
- Total assets, end of year
- $5,969,835
- Total liabilities, end of year
- $2,568,018
- Net assets, end of year
- $3,401,817
- Land, buildings and equipment
- $3,445,684
- Net assets without donor restrictions
- $3,401,817
- Gross receipts
- $4,138,690
- Employees
- 32
- Year formed
- 2002
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC LARA | DIRECTOR | 8 | $102,254 |
| JUAN M BENITEZ | President & CEO Officer | 8 | $72,102 |
| FERNANDO OLIVEROS | CHAIRMAN Trustee or director | 0.29 | $0 |
| JESUS RAMOS | TREASURER Trustee or director | 0.29 | $0 |
| MARCO SANTANA | BOARD MEMBER Trustee or director | 0.29 | $0 |
| YOLANDA FUENTES | BOARD MEMBER Trustee or director | 0.29 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN M BENITEZ | President & CEO Officer | 8 | $71,691 |
| FERNANDO OLIVEROS | CHAIRMAN Trustee or director | 0.5 | $0 |
| JESUS RAMOS | TREASURER Trustee or director | 0.5 | $0 |
| MARCO SANTANA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| YOLANDA FUENTES | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUAN M BENITEZ | President & CEO Officer | 8 | $47,251 |
| FERNANDO OLIVEROS | CHAIRMAN Trustee or director | 0.5 | $0 |
| JESUS RAMOS | TREASURER Trustee or director | 0.5 | $0 |
| MARCO SANTANA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| YOLANDA FUENTES | BOARD MEMBER Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 13168 VAN NUYS BLVD, PACOIMA, CA 91331-2572
- In care of
- % JUAN M BENITEZ
- Principal officer (990 for 2024)
- JUAN M BENITEZ, 13168 Van Nuys Blvd, Pacoima, CA 91331
- Signed the 990
- JUAN M BENITEZ, President & CEO
- Phone
- (818) 302-6114
- Website
- WWW.ICONCDC.ORG
- Return prepared by
- HARSHWAL & COMPANY LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4871106 or by the name INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP.
- 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
Initiating Change in Our Neighborhoods, Community Development Corporation empowers residents and small businesses in the San Fernando Valley through programs that support social, civic, economic development and education.
Program accomplishments
- To meet the needs of the business community, ICON CDC offers an array of workshops along with one-on-one consulting services to assist entrepreneurs and small business owners in the areas of business planning, financial management, certification, procurement, credit counseling, marketing, social media, human resources, licensing and permitting.Expenses $3,909,708 · grants $398,933 · revenue $3,652,159
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 95-4871106
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Civil rights, social action and advocacy (R20)
- Assets (IRS master file)
- $5,969,835
- Income (IRS master file)
- $4,138,690
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,138,690 | $4,010,692 | $5,969,835 | XML |
| 990 | June 2024 | $3,754,153 | $2,704,478 | $5,669,704 | XML |
| 990 | June 2023 | $4,036,369 | $1,739,054 | $2,825,532 | XML |
| 990 | June 2022 | $1,420,637 | $1,390,255 | $445,131 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 95-4871106).
Questions about INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP
- What is the EIN of INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP?
- The employer identification number (EIN) of INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP is 95-4871106.
- Is INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP 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 INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP?
- The 990 for the year ended June 30, 2025 names JUAN M BENITEZ.
- Who are the officers and directors of INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP?
- The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $102,254 (ERIC LARA, DIRECTOR).
- How much revenue does INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEV CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,138,690, expenses of $4,010,692 and total assets of $5,969,835 at year end.
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All nonprofits in PACOIMA · California · Civil rights, social action and advocacy