John Milton Manor Corp
- Assets
- $1.9m
- Revenue
- $548.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Arcadia, CA
- Founding
- 02/1960
- Data as of
- 12/2022
- EIN
- 95-2026738
Organization Overview
John Milton Manor Corp is located in Arcadia, CA. The organization was established in 1960. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Milton Manor Corp 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, John Milton Manor Corp generated $548.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 57.5% each year . All expenses for the organization totaled $280.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROMOTE THE GENERAL WELFARE OF BLIND OR VISUALLY IMPAIRED INDIVIDUALS AND FAMILIES BY PROVIDING AFFORDABLE RENTAL HOUSING OR OTHER ASSISTANCE WHICH ENABLES THEM TO LIVE INDEPENDENTLY IN THE SAN GABRIEL VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MCCULLOCH PROPERTY: AS OF THE END OF 2022 ALL 8 UNITS ARE RENTED TO THE BLIND OR VISUALLY IMPAIRED. DURING 2022 WE HAVE PUT NEW ROOFS ON THE REMAINING 6 UNITS THAT WE DIDN'T DO IN 2021. WE ALSO UPGRADED THE WINDOWS FOR ALL 8 UNITS AND FINISHED THE REMODEL OF 5650 AND 5644 1 2. THIS WAS COMPLETED IN ADDITION ALL REGULAR PROPERTY MAINTENANCE.
PROSPECT PROPERTY: AT YEAR END THE DECISION WAS MADE TO SELL THIS PROPERTY. THE PROPERTY WAS OWNED FREE AND CLEAR BY JOHN MILTON MANOR CORP SO A GAIN ON THE SALE WAS MADE OF $672,280 WHICH WILL BE USED TO DO NEEDED MAJOR REPAIRS ON THE REMAINING 2 PROPERTIES AT MCCULLOCH AVE IN TEMPLE CITY CA AND COLORADO BLVD. IN MONROVIA CA. THERE WERE SIMPLY TOO MANY MAJOR REPAIRS THAT WERE NEEDED AT THIS PROPERTY IT WAS TOO MUCH OF A LOSING SITUATION FOR OUR SMALL ORGANIZATION. BY SELLING THIS WE CAN MAKE OUR OTHER UNITS NICER AND MORE UP TO DATE.
COLORADO PROPERTY: THIS PROPERTY RECEIVED ALL NEW WINDOWS AND NEW ROOFING ON THE FRONT PORTION OF THE BUILDING. THE REST OF THE ROOFING WILL BE COMPLETED IN 2023. ALL 3 UNITS WERE FULLY RENTED THROUGHOUT 2022 BY BLIND OR VISUALLY IMPAIRED INDIVIDUALS. PLANS ARE IN THE WORKS TO BUILD AN ADDITIONAL UNIT AT THIS PROPERTY TO ALLOW US TO RECOUP SOME OF THE INCOME LOST BY SELLING THE PROSPECT PROPERTY. WE PLAN TO COMPLETE THAT IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda D Brooks President Executive Officer | OfficerTrustee | 35 | $0 |
David Arambula Vice President | OfficerTrustee | 20 | $0 |
Christine Glista Secretary Treasurer | OfficerTrustee | 15 | $0 |
Jack Smith Director | Trustee | 2 | $0 |
Lorraine Johnson Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,000 |
| Total Program Service Revenue | $102,025 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $436,482 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $548,855 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,603 |
| Fees for services: Accounting | $253 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,206 |
| Information technology | $5,625 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,416 |
| All other expenses | $1,038 |
| Total functional expenses | $280,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,200 |
| Savings and temporary cash investments | $585,449 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,267,675 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,903,324 |
| Accounts payable and accrued expenses | $5,948 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $5,175 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,123 |
| Net assets without donor restrictions | $1,892,201 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,903,324 |