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CASAMONDO DEVELOPMENT CORPORATION: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CASAMONDO DEVELOPMENT CORPORATION (EIN 46-3433300)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-04-25
IRS object ID
202431169349201738
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-25T10:37:27-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN942590179PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Krisch & CompanyBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13478 Buskirk Ave Ste 215AddressLine1Txt
CityPleasant HillCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94523ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463433300EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CASAMONDO DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCASABusinessNameControlTxt
Phone4083916798PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114639 BIG BASIN WAY AAddressLine1Txt
CitySARATOGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95070ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAL PARSANOPersonNm
Person TitlePRESIDENTPersonTitleTxt
Signature2024-04-25SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALPersonFirstNm
Person LastPARSANOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIMOTHY J KRISCH CPAPreparerPersonNm
PTINP00283083PTIN
Phone9259300902PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Final ReturnYes (X)FinalReturnInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$0SpecialEventsDirectExpensesAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$0TotalRevenueAmt
Grants And Similar Amounts Paid$475,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$525FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$58PrintingPublicationsPostageAmt
Other Expenses Total$24,204OtherExpensesTotalAmt
Total Expenses$499,787TotalExpensesAmt
Excess Or Deficit For Year-$499,787ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$499,787NetAssetsOrFundBalancesBOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$499,787BOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$499,787BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$499,787BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeWORKS IN THE FIELDS OF DESIGN, REAL ESTATE DEVELOPMENT, AND INVESTMENT TO CREATE A CASH FLOW THAT WILL BE CONTRIBUTED TO OTHER 501(C)(3) CORPORATIONS IN SANTA CLARA COUNTY, CALIFORNIA.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomDESIGN AND REAL ESTATE DEVELOPMENT TO SUPPORT OTHER CHARITABLE ORGANIZATIONS.DescriptionProgramSrvcAccomTxt
Program Service Expenses$498,355ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$498,355TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (2 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AL PARSANO
PRESIDENT40.00$0
JOHANNA PARSANO
SECRETARY/TREAS40.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcYes (true)OrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAL PARSANOPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line114639 BIG BASIN WAYAddressLine1Txt
CitySARATOGACityNm
State AbbreviationCAStateAbbreviationCd
ZIP95070ZIPCd
FieldValueIRS element (for citing)
Phone4083916798PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$25,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,448CurrentTaxYearMinus2YearsAmt
Total$27,448TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$25,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,448CurrentTaxYearMinus2YearsAmt
Total$27,448TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$27,448PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$27,448TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind
Public Support CY1700.00000PublicSupportCY170Pct

Schedule N IRS990ScheduleN

Liquidation Of Assets Table LiquidationOfAssetsTableGrp

Liquidation Of Assets Detail LiquidationOfAssetsDetail (13 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
CASH2023-02-08$20,000471576896212 N 12TH STSAN JOSECA95112501(C)(3)
CASH2023-02-08$25,00077039633014000 FRUITVALE AVESARATOGACA95070501(C)(3)
CASH2023-02-08$50,0009427345031150 NORTH FIRST ST STE 100SAN JOSECA95112501(C)(3)
CASH2023-02-17$70,000223392808475 SOUTH STREETMORRISTOWNNJ07960501(C)(3)
CASH2023-10-26$50,000770206356108 MAGNOLIA STREETSANTA CRUZCA95062501(C)(3)
CASH2023-10-20$50,00077039633014000 FRUITVALE AVESARATOGACA95070501(C)(3)
CASH2023-10-27$40,00094221168510104 VISTA DRIVECUPERTINOCA95014501(C)(3)
CASH2023-11-02$40,000942614101750 CURTNER AVENUESAN JOSECA95125501(C)(3)
CASH2023-11-03$30,000237416272403 PACIFIC BLVDSAN MATEOCA94403501(C)(3)
CASH2023-11-08$30,000223392808475 SOUTH STREETMORRISTOWNNJ07960501(C)(3)
CASH2023-11-08$30,0009425275092244 PACHECO BLVDMARTINEZCA94553501(C)(3)
CASH2023-12-20$20,00094221168510104 VISTA DRIVECUPERTINOCA95014501(C)(3)
CASH2023-12-22$20,000942614101750 CURTNER AVENUESAN JOSECA95125501(C)(3)
FieldValueIRS element (for citing)
Director Of SuccessorfalseDirectorOfSuccessorInd
Employee Of SuccessorfalseEmployeeOfSuccessorInd
Owner Of SuccessorfalseOwnerOfSuccessorInd
Receive CompensationfalseReceiveCompensationInd
Assets DistributedYes (true)AssetsDistributedInd
Required To Notify AGfalseRequiredToNotifyAGInd
Attorney General NotifiedfalseAttorneyGeneralNotifiedInd
Liabilities PaidYes (true)LiabilitiesPaidInd
Bonds OutstandingfalseBondsOutstandingInd
Bond Liabilities DischargedfalseBondLiabilitiesDischargedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Grants and Similar Amounts Paid In Excess of $5,000.12| Donee's Name: SILVA FOUNDATION | Donee's Address: 212 N 12TH ST SAN JOSE CA 95112 | Cash Amount Given: $20000
Grants and Similar Amounts Paid In Excess of $5,000.13| Donee's Name: WEST VALLEY MISSION FOUNDATION | Donee's Address: 14000 FRUITVALE AVE SARATOGA CA 95070 | Cash Amount Given: $75000
Grants and Similar Amounts Paid In Excess of $5,000.14| Donee's Name: ST LEO THE GREAT | Donee's Address: 1150 NORTH FIRST ST, STE 100 SAN JOSE CA 95112 | Cash Amount Given: $50000
Grants and Similar Amounts Paid In Excess of $5,000.15| Donee's Name: FOUNDATION FOR MORRISON MEDICAL | Donee's Address: 475 SOUTH STREET MORRISTOWN NJ 07960 | Cash Amount Given: $100000
Grants and Similar Amounts Paid In Excess of $5,000.16| Donee's Name: HABITAT FOR HUMANITY | Donee's Address: 108 MAGNOLIA STREET SANTA CRUZ CA 95062 | Cash Amount Given: $50000
Grants and Similar Amounts Paid In Excess of $5,000.18| Donee's Name: WEST VALLEY COMMUNITY SERVICE | Donee's Address: 10104 VISTA DRIVE CUPERTINO CA 95014 | Cash Amount Given: $60000
Grants and Similar Amounts Paid In Excess of $5,000.19| Donee's Name: SECOND HARVEST FOOD BANK | Donee's Address: 750 CURTNER AVENUE SAN JOSE CA 95125 | Cash Amount Given: $60000
Grants and Similar Amounts Paid In Excess of $5,000.20| Donee's Name: SAMARITAN HOUSE | Donee's Address: 403 PACIFIC BLVD SAN MATEO CA 94403 | Cash Amount Given: $30000
Grants and Similar Amounts Paid In Excess of $5,000.21| Donee's Name: NORTHERN CALIFORNIA FAMILY CENTER | Donee's Address: 2244 PACHECO BLVD MARTINEZ CA 94553 | Cash Amount Given: $30000
Other Expenses.1002Office Expenses $355
Other Expenses.1005Travel $4057
Other Expenses.1DISSOLVING $19298
Other Expenses.2PAYROLL FEES $450
Other Expenses.4BUSINESS LICENSE FEE $24
Other Expenses.5TAXES AND LICENSES $20

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