COR COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
COR COMMUNITY DEVELOPMENT CORPORATION (EIN 33-0944779)
Tax period
2020-01-01 to 2020-12-31
Filed
2022-05-16
IRS object ID
202211369349300701
Schema version
2020v4.0
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)
Return2022-05-16T00:34:59-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN680528252PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KENNETH D SMITH ACCOUNTING & TAX SERVICEBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 THE PROMENADE N UNIT 510AddressLine1Txt
CityLONG BEACHCityNm
State AbbreviationCAStateAbbreviationCd
ZIP908024756ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330944779EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COR COMMUNITY DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCORCBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line145 TESLAAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELLIS GORDON JRPersonNm
Person TitleOFFICERPersonTitleTxt
Signature2022-03-31SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstELLISPersonFirstNm
Person LastGORDON JRPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH D SMITHPreparerPersonNm
PTINP01258412PTIN
Phone3233025722PhoneNum
Preparation2022-03-31PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBONITA DENTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line145 TESLAAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$936,684GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Activity Or MissionSEE ATTACHEDActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$295,432PYContributionsGrantsAmt
CY Contributions Grants$390,026CYContributionsGrantsAmt
PY Program Service Revenue$608,048PYProgramServiceRevenueAmt
CY Program Service Revenue$532,626CYProgramServiceRevenueAmt
PY Investment Income$14,448PYInvestmentIncomeAmt
CY Investment Income$31CYInvestmentIncomeAmt
PY Other Revenue$53,231PYOtherRevenueAmt
CY Other Revenue$14,001CYOtherRevenueAmt
PY Total Revenue$971,159PYTotalRevenueAmt
CY Total Revenue$936,684CYTotalRevenueAmt
PY Grants And Similar Paid$26,130PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$244,781PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$253,885CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$770,467PYOtherExpensesAmt
CY Other Expenses$620,058CYOtherExpensesAmt
PY Total Expenses$1,041,378PYTotalExpensesAmt
CY Total Expenses$873,943CYTotalExpensesAmt
PY Revenues Less Expenses-$70,219PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$62,741CYRevenuesLessExpensesAmt
Total Assets BOY$644,231TotalAssetsBOYAmt
Total Assets EOY$706,972TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$644,231NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$706,972NetAssetsOrFundBalancesEOYAmt
MissionSEE ATTACHEDMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$865,935ExpenseAmt
DescPROVIDED 20 SCHOLARSHIPS TO UNDERPRIVILEGED YOUTH TO PURSUE THEIR EDUCATIONAL GOALS.Desc
Total Program Service Expenses$865,935TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document27IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee7EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GORDON BARASH & ASSOCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2134010227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13255 WILSHIRE BLVD STE 1501AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90010ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
RALPH E WILLIAMSON
CEO10.00Yes (X)$24,420$0$0
CHARLES DORSEY
OFFICERYes (X)$0$0$0
BONITA DENT
CFOYes (X)$0$0$0
ELLIS GORDON JR
OFFICERYes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$24,420TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$390,026AllOtherContributionsAmt
Total Contributions$390,026TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM INCOMEDesc
Total Revenue Column$532,626TotalRevenueColumnAmt
Related Or Exempt Func Income$532,626RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$532,626TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$31TotalRevenueColumnAmt
Related Or Exempt Func Income$31RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Total Revenue Column$14,001TotalRevenueColumnAmt
Related Or Exempt Func Income$14,001RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$14,001OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$936,684TotalRevenueColumnAmt
Related Or Exempt Func Income$546,658RelatedOrExemptFuncIncomeAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$24,420TotalAmt
Program Services$24,420ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$211,003TotalAmt
Program Services$211,003ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$18,462TotalAmt
Program Services$18,462ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$53,754TotalAmt
Program Services$53,754ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$36,528TotalAmt
Program Services$36,528ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,090TotalAmt
Program Services$2,090ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$43,874TotalAmt
Program Services$43,874ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$14,134TotalAmt
Program Services$14,134ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$142,952TotalAmt
Program Services$142,952ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,123TotalAmt
Program Services$6,123ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$414TotalAmt
Program Services$414ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$8,223TotalAmt
Program Services$8,223ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
PROGRAM EXPENSE$303,530$303,530
BANK FEES$4,367$4,367
LICENSE & PERMITS$3,641$3,641
MISCELLANEOUS$428$428

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$873,943TotalAmt
Program Services$865,935ProgramServicesAmt
Management And General$8,008ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$104,749BOYAmt
EOY$157,526EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$539,482BOYAmt
EOY$549,446EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$644,231BOYAmt
EOY$706,972EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$644,231BOYAmt
EOY$706,972EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$644,231BOYAmt
EOY$706,972EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$644,231BOYAmt
EOY$706,972EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$62,741ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$107,103CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$194,311CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$322,020CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$295,432CurrentTaxYearMinus1YearAmt
Current Tax Year$390,026CurrentTaxYearAmt
Total$1,308,892TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$793,644CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$689,882CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$683,318CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$675,727CurrentTaxYearMinus1YearAmt
Current Tax Year$546,658CurrentTaxYearAmt
Total$3,389,229TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$900,747CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$884,193CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,005,338CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$971,159CurrentTaxYearMinus1YearAmt
Current Tax Year$936,684CurrentTaxYearAmt
Total$4,698,121TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,698,121PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$900,747CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$884,193CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,005,338CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$971,159CurrentTaxYearMinus1YearAmt
Current Tax Year$936,684CurrentTaxYearAmt
Total$4,698,121TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART XI, LINE 9OPENING INVESTMENT 0 PRIOR YR ADJ 0 ACCRUAL BASIS CHANGE ADJ 0

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