St Columba Development Corp INC FY2024 filing

Tax-deductible

Emeryville, CA501(c)(3)EIN 94-3046218Revenue $1.1M in FY2024

On file with the IRS6400 San Pablo Avenue, 94608-1274 · Emeryville, CATax-exempt since Mar 1992Publicly supported — 509(a)(2)

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Provision of Low-Income Housing in Oakland, California.

501(c)(3) charity; gifts are tax-deductible.
93¢ 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
2 of 5
filings with a surplus
Average deficit $76K a year · 7% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Fine: 2.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.8M
152% of total assets
Concern: liabilities are 152% of assets; over 80%.
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
$1.1M
+5% vs prior year
Spent
$1.0M
To programs
93%
Net assets
−$1.3M
By yearFY2021–FY2025
Revenue
$1.1M
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2021$1.0M
FY2022$1.0M
FY2023$1.1M
FY2024$1.1M
FY2025$1.1M
Expenses
$1.0M
FY2024▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2021$926K
FY2022$1.2M
FY2023$1.1M
FY2024$1.0M
FY2025$1.5M
Net assets
−$1.3M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2021−$1.2M
FY2022−$1.3M
FY2023−$1.4M
FY2024−$1.3M
FY2025−$1.6M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
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 Mar 1992.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $968K Management & general 7% · $71K

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 · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See St Columba Development Corp 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds and provides affordable homes for low-income residents in Oakland.

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Provided by the organization

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1 program · $968K · in their own filed words · FY2023
01

Operated a 55-unit low income housing apartment complex, subsidized by HUD in Oakland, California.

$968Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$837K
Fees for servicesLn 2g$271K
Investment incomeLn 3$2K
Money outPt IX
$1.0M
Ln 25
Programscol B$968K
Managementcol C$71K
Owns and owesPt X
−$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$224K
Total assetsLn 16$2.5M
LiabilitiesLn 26$3.8M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$837K
Government grantsLn 1e$837K
Fees for servicesLn 2g$271K
Investment incomeLn 3$2K
Gains on assetsLn 7$0
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$224K
SavingsLn 2$0
Cash and savings togetherLn 1–2$224K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.8M
Other assetsLn 15$419K
Total assetsLn 16$2.5M
LiabilitiesLn 26$3.8M
Net assetsLn 32−$1.3M
OperationsPt I, VI
EmployeesI 53
VolunteersI 69
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$95K$224K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.0M$1.8M
Total assetsLn 16$2.5M$2.5M
LiabilitiesLn 26$3.8M$3.8M
Net assetsLn 32−$1.4M−$1.3M
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$118K$118K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$33K$33K
Payroll taxesLn 10$9K$9K
Management feesLn 11a$52K$52K
Legal feesLn 11b$0
Accounting feesLn 11c$19K$19K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$108$108
Office expensesLn 13$20K$20K
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$145K$145K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$44K$44K
Other expenses (24a–d)Ln 24$435K$435K
All other expensesLn 24e$164K$164K
Total functional expensesLn 25$1.0M$968K$71K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$1.5M−$334K−$1.6M 990 PDF
FY2024 Viewing $1.1M$1.0M$71K−$1.3M 990 PDF
FY2023 $1.1M$1.1M−$39K−$1.4M 990 PDF
FY2022 $1.0M$1.2M−$159K−$1.3M 990 PDF
FY2021 $1.0M$926K$80K−$1.2M 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 (6 parts)
Part I · Summary $1,110,161 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $814,179$836,875
I-9 Program service revenuePrior year $237,650$270,827
I-10 Investment incomePrior year $1,232$2,459
I-11 Other revenuePrior year $8,440$0
I-12 Total revenuePrior year $1,061,501$1,110,161
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $184,726$159,599
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $916,193$879,731
I-18 Total expensesPrior year $1,100,919$1,039,330
I-19 Revenue less expensesPrior year −$39,418$70,831
Part VI · Governance 6 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
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
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $1,110,161 across 9 lines filed
VIII-1e Government grants$836,875
VIII-1h Total contributions, gifts and grants$836,875
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $270,827$270,827
VIII-3 Investment incomeRelated to mission $2,459$2,459
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 $273,286$1,110,161
Part IX · Statement of functional expenses $1,039,330 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 $118,351$118,351
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $32,681$32,681
IX-10 Payroll taxesPrograms $8,567$8,567
IX-11a Management feesManagement $52,283$52,283
IX-11b Legal fees$0
IX-11c Accounting feesManagement $18,680$18,680
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $108$108
IX-13 Office expensesPrograms $20,443$20,443
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 $144,872$144,872
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 InsurancePrograms $44,038$44,038
IX-24 Other expenses (24a–d)Programs $435,378$435,378
IX-24e All other expensesPrograms $163,929$163,929
IX-25 Total functional expensesPrograms $968,367 · Management $70,963 · Fundraising $0$1,039,330
Part X · Balance sheet $2,494,147 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $95,481$224,030
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $11,751$446
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $42,453$43,705
X-10c Land, buildings and equipment, netStart of year $1,962,566$1,807,202
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 $356,202$418,764
X-16 Total assetsStart of year $2,468,453$2,494,147
X-17 Accounts payable and accrued expensesStart of year $33,636$74,882
X-24 Unsecured notes and loans payableStart of year $3,777,477$3,688,041
X-25 Other liabilitiesStart of year $16,189$19,242
X-26 Total liabilitiesStart of year $3,827,302$3,782,165
X-27 Net assets without donor restrictionsStart of year −$1,358,849−$1,288,018
X-32 Total net assets or fund balancesStart of year −$1,358,849−$1,288,018
X-33 Total liabilities and net assetsStart of year $2,468,453$2,494,147
Part XI · Reconciliation of net assets −$1,288,018 net assets at year end
XI-1 Total revenue$1,110,161
XI-2 Total expenses$1,039,330
XI-3 Revenue less expenses$70,831
XI-4 Net assets at start of year−$1,358,849
XI-10 Net assets at end of year−$1,288,018

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

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