COR COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
COR COMMUNITY DEVELOPMENT CORPORATION (EIN 33-0944779)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-08-17
IRS object ID
201542299349301969
Schema version
2014v5.0
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)
Return2015-08-17T10:16:27-05:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

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 Begin2014-01-01TaxPeriodBeginDt

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 BLVDAddressLine1Txt
Address Line2ROOM/SUITE 1501AddressLine2Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90010ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELLIS GORDON JRPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Signature2015-08-14SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH D SMITHPreparerPersonNm
PTINP01258412PTIN
Phone3104351663PhoneNum
Preparation2015-08-14PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$401,217GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Activity Or MissionSEE ATTACHEDActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$74,797PYContributionsGrantsAmt
CY Contributions Grants$128,000CYContributionsGrantsAmt
PY Program Service Revenue$146,500PYProgramServiceRevenueAmt
CY Program Service Revenue$248,041CYProgramServiceRevenueAmt
PY Investment Income$13PYInvestmentIncomeAmt
CY Investment Income$20CYInvestmentIncomeAmt
PY Other Revenue$350PYOtherRevenueAmt
CY Other Revenue$25,156CYOtherRevenueAmt
PY Total Revenue$221,660PYTotalRevenueAmt
CY Total Revenue$401,217CYTotalRevenueAmt
PY Grants And Similar Paid$22,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$22,402CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,880PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$135,152PYOtherExpensesAmt
CY Other Expenses$234,904CYOtherExpensesAmt
PY Total Expenses$159,032PYTotalExpensesAmt
CY Total Expenses$257,306CYTotalExpensesAmt
PY Revenues Less Expenses$62,628PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$143,911CYRevenuesLessExpensesAmt
Total Assets BOY$169,964TotalAssetsBOYAmt
Total Assets EOY$513,875TotalAssetsEOYAmt
Total Liabilities EOY$200,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$169,964NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$313,875NetAssetsOrFundBalancesEOYAmt
MissionSEE ATTACHEDMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$256,541ExpenseAmt
Grant$22,402GrantAmt
DescPROVIDED 20 SCHOLARSHIPS TO UNDERPRIVILEGED YOUTH TO PURSUE THEIR EDUCATIONAL GOALS.Desc
Total Program Service Expenses$256,541TotalProgramServiceExpensesAmt
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 IndividualsYes (true)MoreThan5000KToIndividualsInd
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 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
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
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 (3 entries)

TitleTitleTxtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
MARK E WHITLOCK II
CEOYes (X)$0$0$0
HERMIA SHEGOG-WHITLOCK
SECRETARYYes (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$128,000AllOtherContributionsAmt
Total Contributions$128,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM INCOMEDesc
Total Revenue Column$248,041TotalRevenueColumnAmt
Related Or Exempt Func Income$248,041RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$248,041TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$20TotalRevenueColumnAmt
Related Or Exempt Func Income$20RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREFUNDS/REIMBURSEMENTSDesc
Total Revenue Column$25,156TotalRevenueColumnAmt
Related Or Exempt Func Income$25,156RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$25,156OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$401,217TotalRevenueColumnAmt
Related Or Exempt Func Income$273,217RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$17,402TotalAmt
Program Services$17,402ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$109,794TotalAmt
Program Services$109,794ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,100TotalAmt
Program Services$8,100ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,943TotalAmt
Program Services$3,943ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,414TotalAmt
Program Services$12,414ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,910TotalAmt
Program Services$11,910ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,200TotalAmt
Program Services$5,200ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$743TotalAmt
Program Services$743ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,642TotalAmt
Program Services$13,642ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$61,286TotalAmt
Program Services$61,286ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
HONORARIA$4,400$4,400
MISCELLANEOUS$1,750$1,750
VEHICLE$957$957
BANK FEES$475$475

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$290TotalAmt
Management And General$290ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$257,306TotalAmt
Program Services$256,541ProgramServicesAmt
Management And General$765ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$169,964BOYAmt
EOY$513,875EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$169,964BOYAmt
EOY$513,875EOYAmt

Deferred Revenue DeferredRevenueGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$200,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$169,964BOYAmt
EOY$313,875EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$169,964BOYAmt
EOY$313,875EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$169,964BOYAmt
EOY$513,875EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$143,911ReconcilationRevenueExpnssAmt
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$237,848CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,665CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,904CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$74,797CurrentTaxYearMinus1YearAmt
Current Tax Year$128,000CurrentTaxYearAmt
Total$593,214TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$463CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$66CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$13,003CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$146,863CurrentTaxYearMinus1YearAmt
Current Tax Year$273,217CurrentTaxYearAmt
Total$433,612TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$238,311CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,731CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,907CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$221,660CurrentTaxYearMinus1YearAmt
Current Tax Year$401,217CurrentTaxYearAmt
Total$1,026,826TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$1,026,826PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$238,311CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$119,731CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,907CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$221,660CurrentTaxYearMinus1YearAmt
Current Tax Year$401,217CurrentTaxYearAmt
Total$1,026,826TotalAmt
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 F IRS990ScheduleF

Foreign Individuals Grants ForeignIndividualsGrantsGrp

FieldValueIRS element (for citing)
Type Of AssistanceSCHOLARSHIPSTypeOfAssistanceTxt
Recipient12RecipientCnt
Cash Grant$17,402CashGrantAmt
FieldValueIRS element (for citing)
Transfer To Foreign CorpfalseTransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipfalseForeignCorpOwnershipInd
Passive Foreign Investmest CofalsePassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

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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