Trinity Manor INC FY2024 filing

Tax-deductible

San Diego, CA501(c)(3)Since 2004HousingEIN 30-0169881

To operate a federally subsidized apartment complex of 100 units to low income elderly (62 years of age or older) persons under hud programs.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $1.6M a year · 56% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
18 mo
of spending, in cash
Looks good: 17.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.4M
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.3M
+5% vs prior year
Spent
$1.3M
To programs
72%
Net assets
$10.8M
By yearFY2020–FY2025
Revenue
$3.3M
FY2024▲ +5%
Revenue by fiscal year
FY2020$1.8M
FY2021$2.4M
FY2022$2.4M
FY2023$3.2M
FY2024$3.3M
FY2025$3.9M
Expenses
$1.3M
FY2024▲ +4%
Expenses by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.2M
FY2023$1.3M
FY2024$1.3M
FY2025$1.3M
Net assets
$10.8M
FY2024▲ +23%
Net assets by fiscal year
FY2020$4.6M
FY2021$5.7M
FY2022$7.0M
FY2023$8.8M
FY2024$10.8M
FY2025$13.4M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2003.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $956K Management & general 28% · $367K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/CFO
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Trinity Manor INC executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides subsidized apartments for low-income seniors aged 62 and older.

Provided by the organization

This section is blank until Trinity Manor INC claims this page.

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1 program service account for $956K of program spending, described in the organization's own filed words · FY2024.
01

Trinity manor apartment project operated a federally subsidized apartment complex of 100 units to low income elderly (62 years of age or older) persons under hud programs.

$956Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$4K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.3M
Ln 12
Fees for servicesLn 2g$2.6M
Investment incomeLn 3$683K
Money outPt IX
$1.3M
Ln 25
Programscol B$956K
Managementcol C$367K
Owns and owesPt X
$10.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.0M
Total assetsLn 16$15.2M
LiabilitiesLn 26$4.4M
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.6M
Investment incomeLn 3$683K
Gains on assetsLn 7$0
Total revenueLn 12$3.3M
Assets in detailPt X, end of year
CashLn 1$616K
SavingsLn 2$1.3M
Cash and savings togetherLn 1–2$2.0M
InvestmentsLn 11–13$10.5M
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$1.1M
Total assetsLn 16$15.2M
LiabilitiesLn 26$4.4M
Net assetsLn 32$10.8M
OperationsPt I, VI
EmployeesI 54
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.9M$2.0M
InvestmentsLn 11–13$8.6M$10.5M
Land, buildings, equipmentLn 10c$1.6M$1.5M
Total assetsLn 16$13.4M$15.2M
LiabilitiesLn 26$4.5M$4.4M
Net assetsLn 32$8.8M$10.8M
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$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$283K$144K$140K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$40K$20K$20K
Payroll taxesLn 10$21K$11K$11K
Management feesLn 11a$77K$77K
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$45K$45K
Advertising and promotionLn 12$0
Office expensesLn 13$11K$11K
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$137K$137K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$107K$107K
InsuranceLn 23$126K$126K
Other expenses (24a–d)Ln 24$474K$411K$63K
All other expensesLn 24e$855$855
Total functional expensesLn 25$1.3M$956K$367K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.9M$1.3M$2.6M$13.4M 990 PDF
FY2024 Viewing $3.3M$1.3M$2.0M$10.8M 990 PDF
FY2023 $3.2M$1.3M$1.9M$8.8M 990 PDF
FY2022 $2.4M$1.2M$1.2M$7.0M 990 PDF
FY2021 $2.4M$1.2M$1.2M$5.7M 990 PDF
FY2020 $1.8M$1.1M$728K$4.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,318,011 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,635,491$2,635,491
VIII-3 Investment incomeExcluded from tax $682,520$682,520
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
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 $2,635,491 · Excluded from tax $682,520$3,318,011
Part IX · Statement of functional expenses $1,323,463 across 31 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$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $143,538 · Management $139,645$283,183
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $20,466 · Management $19,910$40,376
IX-10 Payroll taxesPrograms $10,843 · Management $10,549$21,392
IX-11a Management feesManagement $77,264$77,264
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesManagement $45,122$45,122
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $11,354$11,354
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 InterestPrograms $136,754$136,754
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $107,256$107,256
IX-23 InsurancePrograms $125,764$125,764
IX-24 Other expenses (24a–d)Programs $411,355 · Management $62,788$474,143
IX-24e All other expensesManagement $855$855
IX-25 Total functional expensesPrograms $955,976 · Management $367,487 · Fundraising $0$1,323,463
Part X · Balance sheet $15,247,347 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $564,956$616,272
X-2 Savings and temporary cash investmentsStart of year $1,356,722$1,340,662
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $8,115$19,500
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $104,990$106,551
X-10c Land, buildings and equipment, netStart of year $1,641,025$1,537,018
X-11 Publicly traded securitiesStart of year $8,595,709$10,476,577
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $86,094$82,845
X-15 Other assetsStart of year $1,001,907$1,067,922
X-16 Total assetsStart of year $13,359,518$15,247,347
X-17 Accounts payable and accrued expensesStart of year $45,998$47,252
X-19 Deferred revenueStart of year $7,914$7,458
X-25 Other liabilitiesStart of year $33,995$35,249
X-26 Total liabilitiesStart of year $4,522,680$4,415,961
X-27 Net assets without donor restrictionsStart of year $8,836,838$10,831,386
X-32 Total net assets or fund balancesStart of year $8,836,838$10,831,386
X-33 Total liabilities and net assetsStart of year $13,359,518$15,247,347
Part XI · Reconciliation of net assets $10,831,386 net assets at year end
XI-1 Total revenue$3,318,011
XI-2 Total expenses$1,323,463
XI-3 Revenue less expenses$1,994,548
XI-4 Net assets at start of year$8,836,838
XI-10 Net assets at end of year$10,831,386

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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