COR COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
COR COMMUNITY DEVELOPMENT CORPORATION (EIN 33-0944779)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-09-15
IRS object ID
201412589349301531
Schema version
2013v3.1
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)
Return2014-09-15T18:11:17-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

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 SERVICEBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1150 THE PROMENADE N UNIT 510AddressLine1
CityLONG BEACHCity
StateCAState
ZIP Code908024756ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN330944779EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COR COMMUNITY DEVELOPMENT CORPBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlCORCBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line13255 WILSHIRE BLVDAddressLine1
Address Line2ROOM/SUITE 1501AddressLine2
CityLOS ANGELESCity
StateCAState
ZIP Code90010ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELLIS GORDON JRPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Signature2014-09-10SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH D SMITHPreparerPersonNm
PTINP01258412PTIN
Phone3104351663PhoneNum
Preparation2014-09-11PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Gross Receipts$221,660GrossReceiptsAmt
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 Employee1TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$32,904PYContributionsGrantsAmt
CY Contributions Grants$74,797CYContributionsGrantsAmt
PY Program Service Revenue$10,000PYProgramServiceRevenueAmt
CY Program Service Revenue$146,500CYProgramServiceRevenueAmt
PY Investment Income$10PYInvestmentIncomeAmt
CY Investment Income$13CYInvestmentIncomeAmt
PY Other Revenue$2,993PYOtherRevenueAmt
CY Other Revenue$350CYOtherRevenueAmt
PY Total Revenue$45,907PYTotalRevenueAmt
CY Total Revenue$221,660CYTotalRevenueAmt
PY Grants And Similar Paid$27,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$22,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,732PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,880CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,676PYOtherExpensesAmt
CY Other Expenses$135,152CYOtherExpensesAmt
PY Total Expenses$43,908PYTotalExpensesAmt
CY Total Expenses$159,032CYTotalExpensesAmt
PY Revenues Less Expenses$1,999PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$62,628CYRevenuesLessExpensesAmt
Total Assets BOY$107,336TotalAssetsBOYAmt
Total Assets EOY$169,964TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$107,336NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$169,964NetAssetsOrFundBalancesEOYAmt
MissionSEE ATTACHEDMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$159,001ExpenseAmt
Grant$22,000GrantAmt
DescPROVIDED 20 SCHOLARSHIPS TO UNDERPRIVILEGED YOUTH TO PURSUE THEIR EDUCATIONAL GOALS.Desc
Total Program Service Expenses$159,001TotalProgramServiceExpensesAmt
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 Document23IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
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
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 & ASSOCBusinessNameLine1
FieldValueIRS element (for citing)
Phone2134010227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13255 WILSHIRE BLVD STE 1501AddressLine1
CityLOS ANGELESCity
StateCAState
ZIP Code90010ZIPCode
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$74,797AllOtherContributionsAmt
Total Contributions$74,797TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CONSULTING$143,750$143,750
PROGRAM INCOME$2,750$2,750
FieldValueIRS element (for citing)
Total Program Service Revenue$146,500TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13TotalRevenueColumnAmt
Related Or Exempt Func Income$13RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Total Revenue Column$350TotalRevenueColumnAmt
Related Or Exempt Func Income$350RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$350OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$221,660TotalRevenueColumnAmt
Related Or Exempt Func Income$146,863RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$22,000TotalAmt
Program Services$22,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,835TotalAmt
Program Services$1,835ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$45TotalAmt
Program Services$45ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,150TotalAmt
Program Services$3,150ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$600TotalAmt
Program Services$600ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$88,211TotalAmt
Program Services$88,211ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,253TotalAmt
Program Services$36,253ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$304TotalAmt
Program Services$304ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$4,271TotalAmt
Program Services$4,271ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MISCELLANEOUS$2,332$2,332
BANK FEES$31$31

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$159,032TotalAmt
Program Services$159,001ProgramServicesAmt
Management And General$31ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$107,336BOYAmt
EOY$169,964EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$107,336BOYAmt
EOY$169,964EOYAmt

Total Liabilities TotalLiabilitiesGrp

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$107,336BOYAmt
EOY$169,964EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$107,336BOYAmt
EOY$169,964EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$107,336BOYAmt
EOY$169,964EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$62,628ReconcilationRevenueExpnssAmt
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$216,150CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$237,848CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$119,665CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$32,904CurrentTaxYearMinus1YearAmt
Current Tax Year$74,797CurrentTaxYearAmt
Total$681,364TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$22,222CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$463CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$66CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,003CurrentTaxYearMinus1YearAmt
Current Tax Year$146,863CurrentTaxYearAmt
Total$182,617TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$238,372CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$238,311CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$119,731CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$45,907CurrentTaxYearMinus1YearAmt
Current Tax Year$221,660CurrentTaxYearAmt
Total$863,981TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$863,981PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$238,372CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$238,311CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$119,731CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$45,907CurrentTaxYearMinus1YearAmt
Current Tax Year$221,660CurrentTaxYearAmt
Total$863,981TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
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

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPGrantTypeTxt
Recipient20RecipientCnt
Cash Grant$22,000CashGrantAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 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 IX, LINE 11G88,211 0 0 PAYROLL 0 0 0 OTHER 0 0 0
FORM 990, PART XI, LINE 9PRIOR YR ADJ 0

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