philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Valley Columbus Corp FY2023 filing

Not tax-deductible

Van Nuys, CAMutual-benefit / member-servingEIN 95-2004499Revenue $96K in FY2023

On file with the IRS14450 Valerio St, 91405-2307 · Van Nuys, CATax-exempt since Oct 1940

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

23701h Corporation holding title to property for exempt organization - Fraternal Club

Mission: Form 990 Part I, line 1

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list 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
5 of 6
filings with a surplus
Average surplus $74K a year · 52% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 6.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$96K
+0.7% vs prior year
Spent
$65K
To programs
0%
Net assets
$1.9M
By yearFY2020–FY2025
Revenue
$96K
FY2023▲ +0.7%
Tap a bar for its year
Revenue by fiscal year
FY2020$87K
FY2021$178K
FY2022$96K
FY2023$96K
FY2024$337K
FY2025$63K
Expenses
$65K
FY2023▼ -14%
Tap a bar for its year
Expenses by fiscal year
FY2020$53K
FY2021$45K
FY2022$76K
FY2023$65K
FY2024$80K
FY2025$93K
Net assets
$1.9M
FY2023▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8M
FY2021$2.0M
FY2022$1.8M
FY2023$1.9M
FY2024$2.1M
FY2025$2.1M

From the FY2023 Form 990 (year ending September 2023) · see the original

990 PDF Claim
You’re viewing the FY2023 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 Oct 1940.

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

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Dennis Nodar
President & Director
$0Pt VII · Sec A
Tom O'Malley
Vice President & Director
$0Pt VII · Sec A
Mark Suarez
Secretary & Director
$0Pt VII · Sec A
Victor Quiroz
Treasurer & Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Latu Fafita
Director
$0Pt VII · Sec A
See Valley Columbus Corp executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Owns property for a fraternal club's exempt purposes.

Questions for Valley Columbus Corp

Tap to ask. Valley Columbus Corp sees how many people are interested.

Your first name shows with your question. Valley Columbus Corp answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2022
01

Fraternal club

Pt IX · col B

By the numbers

The FY2023 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$96K
Ln 12
Fees for servicesLn 2g$60K
Investment incomeLn 3$26K
Other incomeLn 4–11$11K
Money outPt IX
$65K
Ln 25
Owns and owesPt X
$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$37K
Total assetsLn 16$1.9M
LiabilitiesLn 26$0
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$60K
Investment incomeLn 3$26K
Other incomeLn 4–11$11K
Gains on assetsLn 7$4K
Total revenueLn 12$96K
Assets in detailPt X, end of year
CashLn 1$37K
Cash and savings togetherLn 1–2$37K
InvestmentsLn 11–13$636K
Land, buildings, equipmentLn 10c$1.3M
Total assetsLn 16$1.9M
LiabilitiesLn 26$0
Net assetsLn 32$1.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderSeptember
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 FY23End FY23
Cash and savingsLn 1–2$59K$37K
InvestmentsLn 11–13$515K$636K
Land, buildings, equipmentLn 10c$1.2M$1.3M
Total assetsLn 16$1.8M$1.9M
LiabilitiesLn 26$0$0
Net assetsLn 32$1.8M$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$9K$0$0$0
Accounting feesLn 11c$10$0$0$0
Investment management feesLn 11f$1$0$0$0
InsuranceLn 23$4K$0$0$0
Other expenses (24a–d)Ln 24$20K$0$0$0
All other expensesLn 24e$31K$0$0$0
Total functional expensesLn 25$65K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $63K$93K−$29K$2.1M 990 PDF
FY2024 $337K$80K$257K$2.1M 990 PDF
FY2023 Viewing $96K$65K$32K$1.9M 990 PDF
FY2022 $96K$76K$20K$1.8M 990 PDF
FY2021 $178K$45K$133K$2.0M 990 PDF
FY2020 $87K$53K$34K$1.8M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $96,428 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $84,165$59,600
I-10 Investment income$25,599
I-11 Other revenuePrior year $11,556$11,229
I-12 Total revenuePrior year $95,721$96,428
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $75,778$64,838
I-18 Total expensesPrior year $75,778$64,838
I-19 Revenue less expensesPrior year $19,943$31,590
Part VI · Governance 9 of 9 board members independent, 3 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $96,428 across 5 lines filed
Lines not itemized here account for $544 of total revenue; see the IRS return.
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$59,600
VIII-3 Investment incomeUnrelated business $21,408 · Excluded from tax $0$21,408
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $3,647 · Excluded from tax $0$3,647
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $11,229 · Unrelated business $0 · Excluded from tax $0$11,229
VIII-12 Total revenueRelated to mission $70,829 · Unrelated business $25,599 · Excluded from tax $0$96,428
Part IX · Statement of functional expenses $64,838 across 6 lines filed
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$8,520
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$10
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$1
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$4,424
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$20,483
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$31,400
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$64,838
Part X · Balance sheet $1,925,316 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $58,786$36,549
X-10c Land, buildings and equipment, netStart of year $1,250,000$1,253,230
X-11 Publicly traded securitiesStart of year $514,679$635,537
X-16 Total assetsStart of year $1,823,465$1,925,316
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $1,823,465$1,925,316
X-33 Total liabilities and net assetsStart of year $1,823,465$1,925,316
Part XI · Reconciliation of net assets $1,925,316 net assets at year end
XI-1 Total revenue$96,428
XI-2 Total expenses$64,838
XI-3 Revenue less expenses$31,590
XI-4 Net assets at start of year$1,823,465
XI-5 Net unrealized gains (losses) on investments$70,377
XI-7 Investment expenses$120
XI-8 Prior period adjustments−$236
XI-10 Net assets at end of year$1,925,316

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.