Drc Charities Property INC FY2021 filing

Not tax-deductible

Roslyn, NYMutual-benefit / member-servingSince 1990 EIN 13-6991676Revenue $38K in FY2021Latest return filed Aug 18, 2026

On file with the IRSRoslyn, NYTax-exempt since May 1994

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A title holding corporation. All distributions are made to the beneficiaries of the title holding corporation.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
The latest return is for FY2026, this tax year.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $2K a year · 2% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
0% of spending went to programs.
Pt IX · Ln 25 · col B
6.5 mo
of spending, in cash
6.5 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
0
of 2 voting members
None of 2 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$38K
Spent
$39K
To programs
0%
Net assets
$92K
By yearFY2021–FY2026
Revenue
$38K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$38K
FY2022$57K
FY2023$75K
FY2024$74K
FY2025$102K
FY2026$99K
Expenses
$39K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$39K
FY2022$69K
FY2023$81K
FY2024$81K
FY2025$72K
FY2026$96K
Net assets
$92K
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$92K
FY2022$80K
FY2023$75K
FY2024$68K
FY2025$99K
FY2026$102K

From the FY2021 Form 990 (year ending April 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in May 1994.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Secretary/Treas
$0Pt VII · Sec A
President
$0Pt VII · Sec A
See Drc Charities Property INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Drc Charities Property INC is a member-serving organization based in Roslyn, NY, formed in 1990.

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1 program · in their own filed words · FY2020
01

A title holding corporation, all distributions were made to beneficiaries of the title holding corporation.

Pt IX · Ln 25 · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$38K
Ln 12
Other incomeLn 4–11$38K
Investment incomeLn 3$1
Money outPt IX
$39K
Ln 25
Owns and owesPt X
$92K
net assets · Ln 32
Cash and savingsLn 1–2$21K
Total assetsLn 16$92K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$1
Other incomeLn 4–11$38K
Gains on assetsLn 7$0
Total revenueLn 12$38K
Assets in detailPt X, end of year
CashLn 1$21K
Cash and savings togetherLn 1–2$21K
Other assetsLn 15$71K
Total assetsLn 16$92K
LiabilitiesLn 26$0
Net assetsLn 32$92K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderApril
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$32K$21K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$93K$92K
LiabilitiesLn 26$0$0
Net assetsLn 32$93K$92K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$32K
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$5K
Accounting feesLn 11c$1K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$70
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$39K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 LatestFiled with the IRS Aug 18, 2026 $99K$96K$3K$102K 990 PDF
FY2025Filed with the IRS Sep 17, 2025 $102K$72K$30K$99K 990 PDF
FY2024Filed with the IRS Mar 17, 2025 $74K$81K−$6K$68K 990 PDF
FY2023Filed with the IRS Nov 9, 2023 $75K$81K−$6K$75K 990 PDF
FY2022Filed with the IRS Feb 27, 2023 $57K$69K−$12K$80K 990 PDF
FY2021 ViewingFiled with the IRS Feb 25, 2022 $38K$39K−$680$92K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $37,833 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $1$1
I-11 Other revenuePrior year $80,523$37,832
I-12 Total revenuePrior year $80,524$37,833
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to membersPrior year $48,816$32,268
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $8,019$6,245
I-18 Total expensesPrior year $56,835$38,513
I-19 Revenue less expensesPrior year $23,689−$680
Part VI · Governance 0 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $37,833 across 7 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-3 Investment incomeUnrelated business $1$1
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $37,832$37,832
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $37,832 · Unrelated business $1$37,833
Part IX · Statement of functional expenses $38,513 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$32,268
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$5,000
IX-11c Accounting fees$1,175
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$38,513
Part X · Balance sheet $91,952 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $32,055$20,876
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $60,577$71,076
X-16 Total assetsStart of year $92,632$91,952
X-26 Total liabilitiesStart of year $0$0
X-31 Retained earnings or endowmentStart of year $92,632$91,952
X-32 Total net assets or fund balancesStart of year $92,632$91,952
X-33 Total liabilities and net assetsStart of year $92,632$91,952
Part XI · Reconciliation of net assets $91,952 net assets at year end
XI-1 Total revenue$37,833
XI-2 Total expenses$38,513
XI-3 Revenue less expenses−$680
XI-4 Net assets at start of year$92,632
XI-10 Net assets at end of year$91,952

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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