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Nonprofit · EIN 95-6111806

THE TURNER FOUNDATION - SINCE 1958

Tax-exempt · SANTA BARBARA, CA 93105

Financials

$3.2M$4.1M2023$9.8M$4.9M2024
Revenue Expenses · by fiscal year end
Financials of THE TURNER FOUNDATION - SINCE 1958 by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$9,812,236$4,947,037$4,865,199$10,839,927$822,681$10,017,246
December 31, 2023990$3,236,418$4,063,944-$827,526$23,346,167$18,053,531$5,292,636
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$854,460
of which government grants
$533,014
Program service revenue
$2,733,647
Investment income
$6,224,129
Net gain from sales of assets
$6,224,126
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$355,181
Other salaries and wages
$772,341
Salaries, compensation and benefits (total)
$1,339,560
Professional fundraising fees
$0
Legal fees
$90,917
Accounting fees
$108,317
Occupancy
$995,558
Travel
$9,435
Depreciation
$955,537
Program services (functional)
$3,791,480
Management and general (functional)
$910,994
Fundraising (functional)
$244,563

Balance sheet and other

Total assets, start of year
$23,346,167
Total assets, end of year
$10,839,927
Total liabilities, end of year
$822,681
Net assets, end of year
$10,017,246
Land, buildings and equipment
$50,046
Net assets without donor restrictions
$10,017,246
Gross receipts
$24,986,338
Employees
29
Volunteers
82
Year formed
1958
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 / weekCompensationOther / benefits
DEAN WILSONCEO
Officer
40$225,346$28,000
DONALD FELLERSECRETARY/DIRECTOR OF OPER
Officer
40$129,836$16,500
CURTIS YATESPRESIDENT
Trustee or director, Officer
2$0$0
BRYAN WESTERFELDDIRECTOR
Trustee or director
2$0$0
NATHANIEL BAILEYDIRECTOR
Trustee or director
2$0$0
STEPHANIE OLSONTREASURER
Trustee or director, Officer
2$0$0
AISHA OYAREKHUADIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
DEAN WILSONCEO
Officer
40$198,109$27,096
DONALD FELLERSECRETARY/DIRECTOR OF OPERATIONS
Officer
40$101,685$15,943
CURTIS YATESPRESIDENT
Trustee or director, Officer
2$0$0
BRYAN WESTERFELDDIRECTOR
Trustee or director
2$0$0
NATHANIEL BAILEYDIRECTOR
Trustee or director
2$0$0
STEPHANIE OLSONTREASURER
Trustee or director, Officer
2$0$0
AISHA OYAREKHUADIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
360 S HOPE AVE STE C300, SANTA BARBARA, CA 93105-4031
Principal officer (990 for 2024)
STEPHANIE OLSON, 360 HOPE AVENUE STE C-300, SANTA BARBARA, CA 93105
Signed the 990
MADISON SMOAK, DIRECTOR OF OPERATIONS
Phone
(805) 730-1200
Return prepared by
NASIF HICKS HARRIS & CO LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 95-6111806 or by the name THE TURNER FOUNDATION - SINCE 1958.

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

Mission

THE MISSION OF THE TURNER FOUNDATION IS TO PROVIDE SAFE, AFFORDABLE HOUSING AS WELL AS PROGRAMS AND SERVICES THAT WILL IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS AND SURROUNDING SANTA BARBARA COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE TURNER FOUNDATION (SINCE 1958) OWNS AND OPERATES A 70 UNIT AFFORDABLE HOUSING COMPLEX ON THE WEST SIDE OF SANTA BARBARA, CALIFORNIA. THE HOUSING COMMUNITY IS CALLED "THE VILLAGE OF SANTA BARBARA." THE APARTMENT COMPLEX HAS A MIX OF STUDIOS, ONE, AND TWO BEDROOM UNITS. A PLAYGROUND, BASKETBALL COURT, AND SWIMMING POOL ARE ALL AMENITIES AT THE VILLAGE. IN AUGUST OF 2014, THE TURNER FOUNDATION ACQUIRED A 45 UNIT COMPLEX ON THE WEST SIDE OF SANTA BARBARA. THIS HOUSING COMMUNITY IS CALLED "THE LIGHTHOUSE OF SANTA BARBARA." THROUGH CITY FUNDING,GRANTS, DONATIONS, AND OTHER FUNDS THE ORGANIZATION IMPROVES LIVING CONDITIONS FOR LOW INCOME FAMILIES AT BOTH PROPERTIES THROUGH NEW AND ONGOING REMODELS AND RENOVATIONS
    Expenses $2,799,776 · revenue $8,957,773
  • THE ORGANIZATION'S ONSITE PROGRAMMING AIMS TO PROMOTE THE WELFARE OF THE WHOLE FAMILY BY OFFERING HIGH QUALITY SERVICES. AN ONSITE LEARNING CENTER AND COMMUNITY CENTER ARE THE APEX ENVIRONMENTS FOR MEETING THE EDUCATIONAL NEEDS FOR CHILDREN (PRESCHOOL TWELFTH GRADE). ONSITE PROGRAMMING INCLUDES AN AFTER SCHOOL ENRICHMENT PROGRAM, YOUTH SUMMER PROGRAM, PERFORMING ARTS PROGRAM AND ART PROGRAM. ALL ONSITE PROGRAMS ARE AT NO COST TO THE TENANTS AND OFFER POSITIVE, EDUCATIONAL AND ENRICHING EXPERIENCES FOR THE CHILDREN LIVING IN THE COMMUNITY. PROGRAMMING IS MADE POSSIBLE THROUGH COMMUNITY PARTNERSHIPS, GRANTS, DONATIONS, AND OTHER FUNDS.
    Expenses $991,704

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
95-6111806
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
1964
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,839,927
Income (IRS master file)
$24,986,338

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$9,812,236$4,947,037$10,839,927XML
990December 2023$3,236,418$4,063,944$23,346,167XML
990December 2022$3,001,578$3,682,434$24,589,649IRS
990December 2021–––IRS
990December 2020–––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 95-6111806).

Questions about THE TURNER FOUNDATION - SINCE 1958

What is the EIN of THE TURNER FOUNDATION - SINCE 1958?
The employer identification number (EIN) of THE TURNER FOUNDATION - SINCE 1958 is 95-6111806.
Is THE TURNER FOUNDATION - SINCE 1958 tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to THE TURNER FOUNDATION - SINCE 1958 tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE TURNER FOUNDATION - SINCE 1958 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 THE TURNER FOUNDATION - SINCE 1958 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 THE TURNER FOUNDATION - SINCE 1958 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 THE TURNER FOUNDATION - SINCE 1958?
The 990 for the year ended December 31, 2024 names STEPHANIE OLSON.
Who are the officers and directors of THE TURNER FOUNDATION - SINCE 1958?
The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $225,346 (DEAN WILSON, CEO).
How much revenue does THE TURNER FOUNDATION - SINCE 1958 have?
On its 990 for the year ended December 31, 2024 it reported revenue of $9,812,236, expenses of $4,947,037 and total assets of $10,839,927 at year end.

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