Scco College Properties Inc is located in Fullerton, CA. The organization was established in 1981. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scco College Properties Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Scco College Properties Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 2.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT MBKU AS A TITLE HOLDING CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NET RENTAL INCOME WAS TRANSFERRED TO MARSHALL B. KETCHUM UNIVERSITY, A 501(C)(3) CORPORATION, TO SUPPORT ITS EDUCATION MISSION TO 744 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kevin Alexander President | OfficerTrustee | 2 | $0 |
Dr Rod Tahran Chair | OfficerTrustee | 2 | $0 |
Frank Scotti Sr VP Admin & Finance, CFO | OfficerTrustee | 2 | $0 |
Gene Calkins Trustee | Trustee | 1 | $0 |
Rick Price Trustee | Trustee | 1 | $0 |
Duncan Johnson Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,198,925 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,198,925 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,198,925 |
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 | $0 |
Fees for services: Accounting | $0 |
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 | $0 |
Information technology | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $1,198,925 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $1,904,300 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,904,300 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
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 | $0 |
Net assets without donor restrictions | $1,904,300 |
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 | $1,904,300 |
Organization Name | Assets | Revenue |
---|---|---|
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Associated Students University Of California Davis Business Office Davis, CA | $7,045,095 | $14,137,728 |
Element Education Inc Escondido, CA | $11,446,898 | $15,469,038 |
University Of California Home Loan Program Corporation Oakland, CA | $809,217,947 | $25,322,221 |
California Charter Schools Association Los Angeles, CA | $32,950,225 | $18,898,883 |
Maker Learning Network Acton, CA | $31,041,626 | $6,882,050 |
Pathways Management Group Inc Pasadena, CA | $27,742,984 | $4,110,742 |
Black Girls Code Inc Oakland, CA | $40,729,664 | $16,892,534 |
Silvies River Charter School Crane, OR | $8,476,358 | $7,552,707 |
Gia Holdings Inc Carlsbad, CA | $23,575,400 | $34,356,749 |
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Chandler School Boosters Inc Chandler, AZ | $2,971,586 | $4,921,052 |