COR COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
COR COMMUNITY DEVELOPMENT CORPORATION (EIN 33-0944779)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-09-02
IRS object ID
201612469349300646
Schema version
2015v2.1
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)
Return2016-09-02T20:18:36-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

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 Begin2015-01-01TaxPeriodBeginDt

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 Line13255 WILSHIRE BLVD STE 1501AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90010ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELLIS GORDON JRPersonNm
Person TitleCFOPersonTitleTxt
Signature2016-05-12SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH D SMITHPreparerPersonNm
PTINP01258412PTIN
Phone3104351663PhoneNum
Preparation2016-08-19PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerHERMIA SHEGOG-WHITLOCKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line145 TESLAAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$821,517GrossReceiptsAmt
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 Employee1TotalEmployeeCnt
Total Volunteers75TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$128,000PYContributionsGrantsAmt
CY Contributions Grants$45,834CYContributionsGrantsAmt
PY Program Service Revenue$248,041PYProgramServiceRevenueAmt
CY Program Service Revenue$775,621CYProgramServiceRevenueAmt
PY Investment Income$20PYInvestmentIncomeAmt
CY Investment Income$62CYInvestmentIncomeAmt
PY Other Revenue$25,156PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$401,217PYTotalRevenueAmt
CY Total Revenue$821,517CYTotalRevenueAmt
PY Grants And Similar Paid$22,402PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$17,559CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$37,517CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$234,904PYOtherExpensesAmt
CY Other Expenses$598,031CYOtherExpensesAmt
PY Total Expenses$257,306PYTotalExpensesAmt
CY Total Expenses$653,107CYTotalExpensesAmt
PY Revenues Less Expenses$143,911PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$168,410CYRevenuesLessExpensesAmt
Total Assets BOY$513,875TotalAssetsBOYAmt
Total Assets EOY$682,285TotalAssetsEOYAmt
Total Liabilities BOY$200,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$200,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$313,875NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$482,285NetAssetsOrFundBalancesEOYAmt
MissionSEE ATTACHEDMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$650,650ExpenseAmt
Grant$17,559GrantAmt
Revenue$775,621RevenueAmt
DescPROVIDED 20 SCHOLARSHIPS TO UNDERPRIVILEGED YOUTH TO PURSUE THEIR EDUCATIONAL GOALS.Desc
Total Program Service Expenses$650,650TotalProgramServiceExpensesAmt
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
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
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 IndividualsYes (true)GrantsToIndividualsInd
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 With Officer EntfalseBusinessRlnWithOfficerEntInd
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 Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledfalseEmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
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
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK E WHITLOCK II
PRESIDENTYes (X)$0$0$0
CHARLES DORSEY
CEOYes (X)$0$0$0
HERMIA SHEGOG-WHITLOCK
COOYes (X)$0$0$0
ELLIS GORDON JR
CFOYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$45,834AllOtherContributionsAmt
Total Contributions$45,834TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM INCOMEDesc
Total Revenue Column$775,621TotalRevenueColumnAmt
Related Or Exempt Func Income$775,621RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$775,621TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$62TotalRevenueColumnAmt
Related Or Exempt Func Income$62RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$821,517TotalRevenueColumnAmt
Related Or Exempt Func Income$775,683RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$7,909TotalAmt
Program Services$7,909ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$9,650TotalAmt
Program Services$9,650ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$35,069TotalAmt
Program Services$35,069ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,448TotalAmt
Program Services$2,448ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$300,256TotalAmt
Program Services$300,256ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,900TotalAmt
Program Services$3,900ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$4,248TotalAmt
Program Services$4,248ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$13,790TotalAmt
Program Services$13,790ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$22,746TotalAmt
Program Services$22,746ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$12,141TotalAmt
Program Services$12,141ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$93,299TotalAmt
Program Services$93,299ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$22,526TotalAmt
Program Services$22,526ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$54,582TotalAmt
Program Services$54,582ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PROGRAM EXPENSE$42,965$42,965
HONORARIA$9,579$9,579
VEHICLE$8,184$8,184
PROFESSIONAL DEVELOPMENT$5,922$5,922

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,893TotalAmt
Program Services$1,436ProgramServicesAmt
Management And General$2,457ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$653,107TotalAmt
Program Services$650,650ProgramServicesAmt
Management And General$2,457ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$513,875BOYAmt
EOY$682,285EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$513,875BOYAmt
EOY$682,285EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$200,000BOYAmt
EOY$200,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$200,000BOYAmt
EOY$200,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$313,875BOYAmt
EOY$482,285EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$313,875BOYAmt
EOY$482,285EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$513,875BOYAmt
EOY$682,285EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$168,410ReconcilationRevenueExpnssAmt
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$119,665CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$32,904CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$74,797CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$128,000CurrentTaxYearMinus1YearAmt
Current Tax Year$45,834CurrentTaxYearAmt
Total$401,200TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$66CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$13,003CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$146,863CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$273,217CurrentTaxYearMinus1YearAmt
Current Tax Year$775,683CurrentTaxYearAmt
Total$1,208,832TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$119,731CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,907CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$221,660CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$401,217CurrentTaxYearMinus1YearAmt
Current Tax Year$821,517CurrentTaxYearAmt
Total$1,610,032TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,610,032PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$119,731CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,907CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$221,660CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$401,217CurrentTaxYearMinus1YearAmt
Current Tax Year$821,517CurrentTaxYearAmt
Total$1,610,032TotalAmt
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 I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (8 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmt
SCHOLARSHIP$1,000
$1,000
$1,000
$1,000
$1,000
$3,000
$1,000
$650

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 9PRIOR YR ADJ 0

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