Pmob INC: FY2020 Nonprofit Profile & Form 990 (EIN 47-5680120)

Revenue by fiscal year
FY2020	−$16.9M
FY2021	$8K
FY2022	$0

Net assets by fiscal year
FY2020	$196K
FY2021	$169K
FY2022	$0

Is it real?

Yes. Never revoked by the IRS. Latest filing we have: FY2021.

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

Where the money goes

95 cents of each dollar spent went to programs.

95%

Program services 95% · $1.5M Management & general 5% · $86K

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

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation

Orson Oliver

Treasurer

$0Pt VII · Sec A

Toni Ganzel MD

Chair and President

$0Pt VII · Sec A

Kimberly Boland MD

Secretary

$0Pt VII · Sec A

In Kim MD

Director

$0Pt VII · Sec A

Ed Nasief

Director

$0Pt VII · Sec A

See Pmob 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

Develops, constructs, leases, and manages a LEED-certified medical office building.

Questions for Pmob INC

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1 program · $1.5M · in their own filed words · FY2019

01

To develop, construct, lease and manage a proposed class a, leed certified, medical office building in the 300 block of preston street.

Form 990 Part III, line 4, FY2019. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 47-5680120) · Dispute this line

$1.5Mprogram expense

By the numbers

The FY2020 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

−$16.9M

Ln 12

Fees for servicesLn 2g$3.9M

Gifts and grantsLn 1h$1.0M

Money outPt IX

$1.6M

Ln 25

Programscol B$1.5M

Managementcol C$86K

Owns and owesPt X

$196K

net assets · Ln 32

Cash and savingsLn 1–2$196K

Total assetsLn 16$196K

LiabilitiesLn 26$0

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Gifts and grantsLn 1h$1.0M

Fees for servicesLn 2g$3.9M

Gains on assetsLn 7−$22.7M

Total revenueLn 12−$16.9M

Assets in detailPt X, end of year

CashLn 1$144K

SavingsLn 2$52K

Cash and savings togetherLn 1–2$196K

Total assetsLn 16$196K

LiabilitiesLn 26$0

Net assetsLn 32$196K

OperationsPt I, VI

EmployeesI 50

VolunteersI 60

Fiscal year endsHeaderJune

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

Line	Start FY20	End FY20
Cash and savingsLn 1–2	$1.1M	$196K
Land, buildings, equipmentLn 10c	$66.9M	$0
Total assetsLn 16	$79.1M	$196K
LiabilitiesLn 26	$62.3M	$0
Net assetsLn 32	$16.8M	$196K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Legal feesLn 11b	$62K		$62K
Accounting feesLn 11c	$24K		$24K
Office expensesLn 13	$17K	$17K
Information technologyLn 14	$605	$605
OccupancyLn 16	$948K	$948K
InterestLn 20	$249K	$249K
InsuranceLn 23	$45K	$45K
Other expenses (24a–d)Ln 24	$230K	$230K
Total functional expensesLn 25	$1.6M	$1.5M	$86K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2022 LatestFiled with the IRS May 15, 2023	$0			$0	990 PDF
FY2021Filed with the IRS Nov 12, 2021	$8K			$169K	990 PDF
FY2020 ViewingFiled with the IRS May 14, 2021	−$16.9M	$1.6M	−$18.5M	$196K	990 PDF

Schedules filed Part IV

I · Grants O · Explanations

See the full FY2020 990

Part I · Summary −$16,893,744 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $1,432,800$1,000,250

I-9 Program service revenuePrior year $5,659,669$3,928,244

I-10 Investment incomePrior year −$3,260−$22,729,677

I-11 Other revenuePrior year $82,038$907,439

I-12 Total revenuePrior year $7,171,247−$16,893,744

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $242,959$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $7,870,960$1,575,797

I-18 Total expensesPrior year $8,113,919$1,575,797

I-19 Revenue less expensesPrior year −$942,672−$18,469,541

Part VI · Governance 5 of 5 board members independent, 4 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

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 −$16,893,744 across 6 lines filed

VIII-1f All other contributions, gifts and grants$1,000,250

VIII-1h Total contributions, gifts and grants$1,000,250

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,928,244$3,928,244

VIII-7 Net gain or loss on sales of assetsExcluded from tax −$22,729,677−$22,729,677

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $907,439$907,439

VIII-12 Total revenueRelated to mission $3,928,244 · Unrelated business $0 · Excluded from tax −$21,822,238−$16,893,744

Part IX · Statement of functional expenses $1,575,797 across 8 lines filed

IX-11b Legal feesManagement $62,132$62,132

IX-11c Accounting feesManagement $23,500$23,500

IX-13 Office expensesPrograms $16,626$16,626

IX-14 Information technologyPrograms $605$605

IX-16 OccupancyPrograms $948,034$948,034

IX-20 InterestPrograms $249,421$249,421

IX-23 InsurancePrograms $45,219$45,219

IX-24 Other expenses (24a–d)Programs $230,260$230,260

IX-25 Total functional expensesPrograms $1,490,165 · Management $85,632 · Fundraising $0$1,575,797

Part X · Balance sheet $195,994 assets, 13 lines filed

X-1 Cash, non-interest-bearingStart of year $695,435$144,314

X-2 Savings and temporary cash investmentsStart of year $393,936$51,680

X-4 Accounts receivableStart of year $10,024,298$0

X-10c Land, buildings and equipment, netStart of year $66,933,939$0

X-15 Other assetsStart of year $1,043,802$0

X-16 Total assetsStart of year $79,091,410$195,994

X-17 Accounts payable and accrued expensesStart of year $151,614$0

X-23 Secured mortgages and notes payableStart of year $48,286,348$0

X-25 Other liabilitiesStart of year $13,887,447$0

X-26 Total liabilitiesStart of year $62,325,409$0

X-27 Net assets without donor restrictionsStart of year $16,766,001$195,994

X-32 Total net assets or fund balancesStart of year $16,766,001$195,994

X-33 Total liabilities and net assetsStart of year $79,091,410$195,994

Part XI · Reconciliation of net assets $195,994 net assets at year end

XI-1 Total revenue−$16,893,744

XI-2 Total expenses$1,575,797

XI-3 Revenue less expenses−$18,469,541

XI-4 Net assets at start of year$16,766,001

XI-8 Prior period adjustments$1,899,534

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$195,994

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

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Pmob INC FY2020 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Pmob INC

By the numbers

Filing history

Schedules filed Part IV

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