Casa Abrego Preservation Foundation
- Assets
- $165.8k
- Revenue
- $12.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Carmel, CA
- Founding
- 10/2002
- Data as of
- 12/2022
- EIN
- 03-0474967
Organization Overview
Casa Abrego Preservation Foundation is located in Carmel, CA. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Casa Abrego Preservation Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Casa Abrego Preservation Foundation generated $12.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ITS INCEPTION CASA ABREGO PRESERVATION FOUNDATION HAS BEEN ACTIVELY ENGAGED IN THE MAINTENANCE AND PRESERVATION OF THE HISTORICAL ADOBE KNOWN AS CASA ABREGO, WHICH IS LOCATED AT 592 ABREGO STREET IN MONTEREY, CALIFORNIA, AND WHICH IS LISTED ON THE CALIFORNIA REGISTER OF HISTORICAL RESOURCES HTTP://OHP.PARKS.CA.GOV/LISTEDRESOURCES/. THE FOUNDATION DIRECTLY EXPENDS ITS FUNDS IN SUPPORT OF SUCH MAINTENANCE AND PRESERVATION, AND OVERSEES SUCH PRESERVATION AND MAINTENANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Poole President | 10 | $0 | |
Sherry Young Secretary | 3 | $0 | |
Betsy Di Bona Director | 1 | $0 | |
Valera Lyles Director | 1 | $0 | |
Sally Lucas Director | 1 | $0 | |
Maureen Sanders Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,125 |
| Interest on Savings | $33 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,158 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,025 |
| Total operating and administrative expenses | $9,398 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $9,398 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,789 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $165,789 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |