THE SEQUOIA PLAZA MOBILE HOME PARK CORP Charity Report

Public IRS 990 nonprofit record

THE SEQUOIA PLAZA MOBILE HOME PARK CORP

EIN 33-0719908 · Neighborhood & Block Associations (S22)

What they do

THE CORPORATION WAS CREATED to LESSEN THE GOVERNMENTAL BURDENS BY PROVIDING ASSISTANCE to THE FORMER REDEVELOPMENT AGENCY of THE CITY of SAN BERNARDINO IN ITS REDEVELOPMENT EFFORTS to PROMOTE ECONOMIC DEVELOPMENT WITHIN THE CITY of SAN BERNARDINO, INCLUDING, BUT NOT LIMITED TO, ASSUMING THE OWNERSHIP and OPERATION of SEQUOIA PLAZA MOBILE HOME PARK IN ORDER to INCREASE THE AVAILABILITY of LOW and MODERATE INCOME HOUSING WITHIN THE CITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

221.45%of revenue went to mission work98.9% of expenses · Program services

$223.87spent for every $100 of revenueSpending was higher than revenue this year.

2.42%of revenue went to management and office costs1.1% of expenses

$0.80in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $3,256,177 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $4,000 for BARRY COLE (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,628,672

Mission workProgram services$5,821,180221.45% of revenue98.9% of expenses

ManagementOffice and general costs$63,6692.42% of revenue1.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$5,884,849223.87% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.9% mission · 1.1% management · 0.0% fundraisingTotal expenses: 223.87% of revenue

2023Expense mix: 96.4% mission · 3.6% management · 0.0% fundraisingTotal expenses: 101.15% of revenue

2022Expense mix: 97.5% mission · 2.5% management · 0.0% fundraisingTotal expenses: 150.47% of revenue

2021Expense mix: 98.2% mission · 1.8% management · 0.0% fundraisingTotal expenses: 225.71% of revenue

2020Expense mix: 95.7% mission · 4.3% management · 0.0% fundraisingTotal expenses: 73.96% of revenue

2019Expense mix: 95.6% mission · 4.4% management · 0.0% fundraisingTotal expenses: 93.85% of revenue

2018Expense mix: 96.3% mission · 3.7% management · 0.0% fundraisingTotal expenses: 99.51% of revenue

2017Expense mix: 96.0% mission · 4.0% management · 0.0% fundraisingTotal expenses: 92.61% of revenue

Money in and money out

Revenue$2,628,672

Expenses$5,884,849

Annual shortfall $3,256,177 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$5,821,180 · 98.9% of expenses

Management and office costs$63,669 · 1.1% of expenses

See all reported dollar amounts

Revenue$2,628,672

Expenses$5,884,849

Assets$4,717,109

Income$2,628,672

Mission work (program services)$5,821,180

Management and general$63,669

Stocks and bonds$1,143,629

Accounting fees$10,920

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

BARRY COLEDIRECTOR · 14 hrs/week $4,000

DAVID YEGENIANDIRECTOR · 14 hrs/week $4,000

DENNIS KAZARIANPRESIDENT · 35 hrs/week $4,000

GARY BRENDZELSECRETARY/COO · 35 hrs/week $4,000

JESS MAXCYDIRECTOR · 14 hrs/week $4,000

JIM DUFFYDIRECTOR · 14 hrs/week $4,000

JOHN YEANDLEDIRECTOR · 14 hrs/week $4,000

RAMON RODRIGUEZDIRECTOR · 14 hrs/week $4,000

THOMAS LACROIXDIRECTOR · 14 hrs/week $4,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

BARRY COLEDIRECTOR

DAVID YEGENIANDIRECTOR

DENNIS KAZARIANPRESIDENT

GARY BRENDZELSECRETARY/COO

JESS MAXCYDIRECTOR

JIM DUFFYDIRECTOR

JOHN YEANDLEDIRECTOR

RAMON RODRIGUEZDIRECTOR

THOMAS LACROIXDIRECTOR

AARON BRANDENBURGDIRECTOR

RICHARD SIMONIANVICE PRESIDENT

SHONTELE SIMONIANTREASURER/CFO

About this charity

Recognized since: January 1996
Location: PO BOX 11927, SANTA ANA, CA 92711-1927
County: Orange
In care of: % TINOTHY C STEINHAUSE
Primary officer: SHONTELE SIMONIAN, Treasurer/CFO

How to reach them

Phone(714) 744-4993

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GENSKE MULDER & CO LLP
NTEE classification: Neighborhood & Block Associations (S22)
IRS tax category: Neighborhood & Block Associations