COR COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
COR COMMUNITY DEVELOPMENT CORPORATION (EIN 33-0944779)
Tax period
2022-01-01 to 2022-12-31
Filed
2025-03-06
IRS object ID
202510659349301526
Schema version
2022v5.0
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)
Return2025-03-06T14:26:54-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Phone9499550014PhoneNum

US Address USAddress

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

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBONITA DENTPersonNm
Person TitleCFOPersonTitleTxt
Phone9499550014PhoneNum
Signature2025-02-28SignatureDt
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKENNETH D SMITHPreparerPersonNm
PTINP01258412PTIN
Phone3233025722PhoneNum
Preparation2025-02-28PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$983,912GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Activity Or MissionSEE ATTACHEDActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$390,305PYContributionsGrantsAmt
CY Contributions Grants$437,405CYContributionsGrantsAmt
PY Program Service Revenue$439,868PYProgramServiceRevenueAmt
CY Program Service Revenue$462,209CYProgramServiceRevenueAmt
PY Investment Income$29PYInvestmentIncomeAmt
CY Investment Income$16CYInvestmentIncomeAmt
PY Other Revenue$8,057PYOtherRevenueAmt
CY Other Revenue$84,282CYOtherRevenueAmt
PY Total Revenue$838,259PYTotalRevenueAmt
CY Total Revenue$983,912CYTotalRevenueAmt
PY Grants And Similar Paid$94,272PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$89,021CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$210,302PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$279,374CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$590,038PYOtherExpensesAmt
CY Other Expenses$723,923CYOtherExpensesAmt
PY Total Expenses$894,612PYTotalExpensesAmt
CY Total Expenses$1,092,318CYTotalExpensesAmt
PY Revenues Less Expenses-$56,353PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$108,406CYRevenuesLessExpensesAmt
Total Assets BOY$846,359TotalAssetsBOYAmt
Total Assets EOY$744,770TotalAssetsEOYAmt
Total Liabilities EOY$6,817TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$846,359NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$737,953NetAssetsOrFundBalancesEOYAmt
MissionSEE ATTACHEDMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,076,059ExpenseAmt
Grant$89,021GrantAmt
DescPROVIDED 20 SCHOLARSHIPS TO UNDERPRIVILEGED YOUTH TO PURSUE THEIR EDUCATIONAL GOALS.Desc
Total Program Service Expenses$1,076,059TotalProgramServiceExpensesAmt
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 OrganizationsYes (true)GrantsToOrganizationsInd
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 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 Document24IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
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 Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
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

FieldValueIRS element (for citing)
PersonBONITA DENTPersonNm
Phone9499550014PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line145 TESLAAddressLine1Txt
CityIRVINECityNm
State AbbreviationCAStateAbbreviationCd
ZIP92618ZIPCd
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
MARTHA DANIEL
OFFICERYes (X)$0$0$0
BONITA DENT
CFOYes (X)$0$0$0
KEITH MURRAY
OFFICERYes (X)$0$0$0
RALPH E WILLIAMSON
CEOYes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$437,405AllOtherContributionsAmt
Total Contributions$437,405TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM INCOMEDesc
Total Revenue Column$462,209TotalRevenueColumnAmt
Related Or Exempt Func Income$462,209RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$462,209TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$16TotalRevenueColumnAmt
Related Or Exempt Func Income$16RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Total Revenue Column$84,282TotalRevenueColumnAmt
Related Or Exempt Func Income$84,282RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$84,282OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$983,912TotalRevenueColumnAmt
Related Or Exempt Func Income$546,507RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$31,311TotalAmt
Program Services$31,311ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$57,710TotalAmt
Program Services$57,710ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$253,740TotalAmt
Program Services$253,740ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$7,327TotalAmt
Program Services$7,327ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$18,307TotalAmt
Program Services$18,307ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$376,511TotalAmt
Program Services$376,511ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$8,798TotalAmt
Program Services$8,798ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$27,059TotalAmt
Program Services$27,059ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,023TotalAmt
Program Services$3,023ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$24,525TotalAmt
Program Services$24,525ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$4,626TotalAmt
Program Services$4,626ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$175,000TotalAmt
Program Services$175,000ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16,079TotalAmt
Program Services$16,079ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$42,565TotalAmt
Program Services$33,412ProgramServicesAmt
Management And General$9,153ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$16,163TotalAmt
Program Services$16,163ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MISCELLANEOUS$10,088$10,088
PROGRAM EXPENSE$8,800$8,800
BANK FEES$5,934$5,934
HONORARIA$3,580$3,580

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,172TotalAmt
Management And General$1,172ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,092,318TotalAmt
Program Services$1,076,059ProgramServicesAmt
Management And General$16,259ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$197,643BOYAmt
EOY$96,054EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$648,716BOYAmt
EOY$648,716EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$846,359BOYAmt
EOY$744,770EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
EOY$6,817EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$6,817EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$846,359BOYAmt
EOY$737,953EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$846,359BOYAmt
EOY$737,953EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$846,359BOYAmt
EOY$744,770EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$108,406ReconcilationRevenueExpnssAmt
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$322,020CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$295,432CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$390,026CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$390,305CurrentTaxYearMinus1YearAmt
Current Tax Year$437,405CurrentTaxYearAmt
Total$1,835,188TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$683,318CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$675,727CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$546,658CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$447,954CurrentTaxYearMinus1YearAmt
Current Tax Year$546,507CurrentTaxYearAmt
Total$2,900,164TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,005,338CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$971,159CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$936,684CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$838,259CurrentTaxYearMinus1YearAmt
Current Tax Year$983,912CurrentTaxYearAmt
Total$4,735,352TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$4,735,352PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,005,338CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$971,159CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$936,684CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$838,259CurrentTaxYearMinus1YearAmt
Current Tax Year$983,912CurrentTaxYearAmt
Total$4,735,352TotalAmt
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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1VARIOUS DONATIONS AND GIFTSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Cash Grant$31,311CashGrantAmt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtCash GrantCashGrantAmt
SCHOLARSHIP$31,710
RENTAL ASSISTANCE$26,000

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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