The Associates Group FY2020 filing

IRS exemption revoked

San Clemente, CA501(c)(3)HousingEIN 33-0319910Revenue $1.9M in FY2020

On file with the IRSassociatesgroup.org1221 Puerta Del Sol Ste 100 · San Clemente, CATax-exempt since May 1994Publicly supported — 509(a)(2)

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To educate and assist the public in understanding and acquiring affordable manufactured homes and mobile homes for low to moderate income individuals and families

100¢ of each $1 spent went to programs.
$138K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 3
filings with a surplus
Average surplus $494K a year · 55% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$138K
to officers and key staff · 32% of spending
Concern: pay to officers and key staff is 32% of spending; over 30%.
Pt VII · Sec A
Cash reserves
40 mo
of spending, in cash
Looks good: 40.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.5M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
Spent
$430K
To programs
100%
Net assets
$3.8M
By yearFY2020–FY2022
Revenue
$1.9M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$1.9M
FY2021$428K
FY2022$377K
Expenses
$430K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$430K
FY2021$418K
FY2022$358K
Net assets
$3.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$3.8M
FY2021$3.8M
FY2022$3.8M

From the FY2020 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2026
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2022. IRS ruling in May 1994.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $430K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990; $138K paid to officers and key staff.

Part VII, Section A · reportable compensation
$138,000Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Gerald R Gibbs’s $100K as President is at the 84th percentile of top reported officer pay among 851 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Gerald R Gibbs$100,000$97,841$138,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Helps people find and afford manufactured or mobile homes.

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Provided by the organization

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1 program · $430K · in their own filed words · FY2020
01

Educate and assist the public in understanding and acting upon the needs for additional low income affordable housing as well as manufactured-housing homeowners preserve their affordable lifestyle.

$430Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$247K
Investment incomeLn 3$7K
Money outPt IX
$430K
Ln 25
Programscol B$430K
Owns and owesPt X
$3.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.4M
Total assetsLn 16$5.3M
LiabilitiesLn 26$1.5M
PeoplePt VI, VII
3
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Fees for servicesLn 2g$247K
Investment incomeLn 3$7K
Gains on assetsLn 7−$9K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.4M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.1M
Other assetsLn 15$782K
Total assetsLn 16$5.3M
LiabilitiesLn 26$1.5M
Net assetsLn 32$3.8M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$135K$1.4M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.1M$3.1M
Total assetsLn 16$3.5M$5.3M
LiabilitiesLn 26$1.2M$1.5M
Net assetsLn 32$2.3M$3.8M
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$138K$138K
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$12K$12K
Management feesLn 11a$2K$2K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$9K$9K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$6K$6K
Advertising and promotionLn 12$0
Office expensesLn 13$1K$1K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$8K$8K
TravelLn 17$193$193
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$81K$81K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$30K$30K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$130K$130K
All other expensesLn 24e$10K$10K
Total functional expensesLn 25$430K$430K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $377K$358K$20K$3.8M 990 PDF
FY2021 $428K$418K$11K$3.8M 990 PDF
FY2020 Viewing $1.9M$430K$1.5M$3.8M 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 FY2020 990 (6 parts)
Part I · Summary $1,882,987 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $605,000$1,638,328
I-9 Program service revenuePrior year $380,002$246,687
I-10 Investment income−$2,028
I-11 Other revenue$0
I-12 Total revenuePrior year $985,002$1,882,987
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $133,608$150,492
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $223,205$279,546
I-18 Total expensesPrior year $356,813$430,038
I-19 Revenue less expensesPrior year $628,189$1,452,949
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,882,987 across 9 lines filed
VIII-1d Related organizations$1,638,328
VIII-1h Total contributions, gifts and grants$1,638,328
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $246,687$246,687
VIII-3 Investment incomeRelated to mission $7,360$7,360
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsRelated to mission −$9,388−$9,388
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $244,659$1,882,987
Part IX · Statement of functional expenses $430,038 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 staffPrograms $138,000$138,000
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 taxesPrograms $12,492$12,492
IX-11a Management feesPrograms $1,685$1,685
IX-11b Legal feesPrograms $3,280$3,280
IX-11c Accounting feesPrograms $8,504$8,504
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $6,449$6,449
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $1,071$1,071
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $7,550$7,550
IX-17 TravelPrograms $193$193
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $81,116$81,116
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $30,306$30,306
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $129,526$129,526
IX-24e All other expensesPrograms $9,866$9,866
IX-25 Total functional expensesPrograms $430,038 · Management $0 · Fundraising $0$430,038
Part X · Balance sheet $5,287,787 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $135,064$1,448,009
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $3,086,658$3,057,301
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 $317,003$782,477
X-16 Total assetsStart of year $3,538,725$5,287,787
X-17 Accounts payable and accrued expensesStart of year $10,899$10,899
X-24 Unsecured notes and loans payable$28,000
X-25 Other liabilities$488,341
X-26 Total liabilitiesStart of year $1,208,162$1,504,275
X-27 Net assets without donor restrictionsStart of year $2,330,563$3,783,512
X-32 Total net assets or fund balancesStart of year $2,330,563$3,783,512
X-33 Total liabilities and net assetsStart of year $3,538,725$5,287,787
Part XI · Reconciliation of net assets $3,783,512 net assets at year end
XI-1 Total revenue$1,882,987
XI-2 Total expenses$430,038
XI-3 Revenue less expenses$1,452,949
XI-4 Net assets at start of year$2,330,563
XI-10 Net assets at end of year$3,783,512

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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