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Nonprofit · EIN 95-6377511

ABODE COMMUNITIES

Tax-exempt · LOS ANGELES, CA 90033

Financials

$21.7M$22.6M2024
Revenue Expenses · by fiscal year end
Financials of ABODE COMMUNITIES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$21,727,752$22,558,067-$830,315$70,724,184$44,648,664$26,075,520
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,123,303
of which government grants
$2,878,612
Program service revenue
$15,626,045
Investment income
$0
Net income from fundraising events
-$13,220
Other revenue
$1,978,404

Expenses

Grants and similar amounts paid
$33,935
Compensation of officers, directors and key employees
$1,231,912
Other salaries and wages
$7,999,135
Salaries, compensation and benefits (total)
$10,720,659
Professional fundraising fees
$0
Legal fees
$222,633
Accounting fees
$132,664
Occupancy
$335,166
Travel
$192,316
Depreciation
$575,336
Program services (functional)
$20,616,090
Management and general (functional)
$1,457,749
Fundraising (functional)
$484,228

Balance sheet and other

Total assets, start of year
$67,633,233
Total assets, end of year
$70,724,184
Total liabilities, end of year
$44,648,664
Net assets, end of year
$26,075,520
Land, buildings and equipment
$86,867
Net assets without donor restrictions
$25,352,747
Net assets with donor restrictions
$722,773
Gross receipts
$21,748,672
Employees
231
Volunteers
15
Year formed
1968
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
HOLLY BENSONPRESIDENT & CEO
Officer
40.6$374,469$29,689
RICK SAPERSTEINEXECUTIVE VP & CFO
Officer
40.6$275,712$25,329
JERRY GONZALESEXECUTIVE VP & CHIEF PEOPLE & ADMIN. OFFICER
Officer
42.2$254,562$24,549
SARAH FURCHTENICHTSENIOR VICE PRESIDENT
Highest-paid employee
43$232,712$23,190
LARA REGUSSENIOR VICE PRESIDENT
Officer
42.2$224,032$23,570
RAEVEN FLORESPRINCIPAL ARCHITECT
Highest-paid employee
43$194,308$34,329
SARA TSAYSENIOR VICE PRESIDENT
Highest-paid employee
43$219,300$9,071
ROSHE MALAKUTI MCCLURESENIOR VICE PRESIDENT
Highest-paid employee
43$186,764$18,345
MEGAN FOLLANDVICE PRESIDENT
Highest-paid employee
43$173,910$18,241
ANDREW PARKERDIRECTOR
Trustee or director
0.8$0$0
ANDREW ZIMMERMANDIRECTOR
Trustee or director
1.8$0$0
CATHERINE TALBOTDIRECTOR
Trustee or director
0.8$0$0
DANI EVANSONSECRETARY
Trustee or director, Officer
1.8$0$0
JUDITH TAYLORDIRECTOR
Trustee or director
0.8$0$0
KELLY BOYERDIRECTOR
Trustee or director
0.5$0$0
9 more people on this return
NameTitleHours / weekCompensation
KHALIF EDWARDSVICE CHAIR
Trustee or director, Officer
1.8$0
LANCE BOCARSLYDIRECTOR
Trustee or director
0.8$0
LAUREN PAULDIRECTOR
Trustee or director
0.8$0
LISA GUTIERREZDIRECTOR
Trustee or director
0.8$0
MILTON CURRYDIRECTOR (UNTIL 12/24)
Trustee or director
0.8$0
NKECHI ODUCHAIR
Trustee or director, Officer
1.5$0
PETER GUTIERREZDIRECTOR (UNTIL 12/24)
Trustee or director
0.8$0
SINDY SPIVAKDIRECTOR
Trustee or director
0.8$0
WENDY GRUELTREASURER
Trustee or director, Officer
1.5$0

Address and contacts

Address (IRS master file)
2420 E CESAR E CHAVEZ AVE STE 101, LOS ANGELES, CA 90033-3074
In care of
% ABODE COMMUNITITES
Principal officer (990 for 2024)
HOLLY BENSON, 2420 E CESAR E CHAVEZ AVE 101, LOS ANGELES, CA 90033
Signed the 990
RICK SAPERSTEIN, EVP & CFO
Phone
(213) 629-2702
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TO CREATE SERVICE-ENHANCED AFFORDABLE HOUSING AND SOCIALLY BENEFICIAL COMMUNITY FACILITIES THAT PROMOTE SOCIAL, ECONOMIC, AND PHYSICAL TRANSFORMATION OF UNDERSERVED COMMUNITIES

990 for the year ended December 31, 2024

Program accomplishments

  • AFFORDABLE HOUSING MANAGEMENT
    Expenses $8,046,920 · grants $33,935 · revenue $4,942,144
  • AFFORDABLE HOUSING DESIGN AND ARCHITECTURAL SERVICES
    Expenses $3,567,762 · revenue $4,040,874
  • AFFORDABLE HOUSING DEVELOPMENT
    Expenses $2,510,843 · revenue $5,784,242
  • ALL OTHER PROGRAM SERVICES
    Expenses $6,490,565 · revenue $2,850,409

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
95-6377511
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
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$70,724,184
Income (IRS master file)
$21,748,672

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023–––IRS
990December 2022$32,741,209$19,051,743$71,523,227IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about ABODE COMMUNITIES

What is the EIN of ABODE COMMUNITIES?
The employer identification number (EIN) of ABODE COMMUNITIES is 95-6377511.
Is ABODE COMMUNITIES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to ABODE COMMUNITIES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ABODE COMMUNITIES 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 ABODE COMMUNITIES 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 ABODE COMMUNITIES 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 ABODE COMMUNITIES?
The 990 for the year ended December 31, 2024 names HOLLY BENSON.
Who are the officers and directors of ABODE COMMUNITIES?
The 990 for the year ended December 31, 2024 lists 24 people; 9 received compensation from the organization, the highest $374,469 (HOLLY BENSON, PRESIDENT & CEO).
How much revenue does ABODE COMMUNITIES have?
On its 990 for the year ended December 31, 2024 it reported revenue of $21,727,752, expenses of $22,558,067 and total assets of $70,724,184 at year end.

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