Psz House Corporation
- Assets
- $2.3m
- Revenue
- $170.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Carlsbad, CA
- Founding
- 08/2019
- Data as of
- 12/2020
- EIN
- 95-3581164
Organization Overview
Psz House Corporation is located in Carlsbad, CA. The organization was established in 2019. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Psz House Corporation 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 12/2020, Psz House Corporation generated $170.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $80.1k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT UNDERGRADUATE AFFORDABLE HOUSING, SCHOLARSHIPS, AND LEADERSHIP TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT UNDERGRADUATE AFFORDABLE HOUSING, SCHOLARSHIPS, AND LEADERSHIP TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Witous Chief Financial Officer | Officer | 10 | $0 |
Chris Gatley Chief Executive Officer | Officer | 5 | $0 |
Gregg Stratten Secretary | Officer | 10 | $0 |
Financial Statements
| 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 | $1,777 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,777 |
| Total Program Service Revenue | $0 |
| Investment income | $39,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $129,466 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $16,693 |
| 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 | $26,630 |
| Fees for services: Accounting | $1,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,704 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,295 |
| 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 | -$903 |
| All other expenses | $0 |
| Total functional expenses | $80,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,058 |
| Savings and temporary cash investments | $3,418 |
| 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 | $0 |
| Investments—publicly traded securities | $2,307,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,008 |
| Total assets | $2,322,775 |
| 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 | $10,449 |
| Total liabilities | $10,449 |
| Net assets without donor restrictions | $0 |
| 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 | $2,312,326 |
| Total liabilities and net assets/fund balances | $2,322,775 |
Grants Awarded
Over the last fiscal year, Psz House Corporation has awarded $27,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Carmel, IN PURPOSE: PROVIDING SCHOLARSHIPS, FINANCIAL SUPPORT FOR LEADERSHIP CONFERENCES SUCH AS THE STEAD LEADERSHIP SEMINAR AND THE HIGH ALPHA SUMMIT; ALUMNI VOLUNTEER TRAINING THROUGH THE NEVILLE ADVISORS COLLEGE; ACADEMIC PROGRAMS; ALCOHOL, DRUG, AND SOCIAL EDUCATION; AND PROFESSIONAL DEVELOPMENT AND CAREER SERVICES. | $20,000 |
CALIFORNIA POLYTECHNIC SCHOOL PURPOSE: TO SUPPORT UNDERGRADUATE AFFORDABLE HOUSING, SCHOLARSHIPS, AND LEADERSHIP TRAINING. | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Psz House Corporation has recieved totaling $33,318.
| Awarding Organization | Amount |
|---|---|
Lambda Chi Alpha Educational Foundation Inc Carmel, IN PURPOSE: ENDOWMENT GRANT | $33,318 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kaweah Management Company Visalia, CA | $89,940,808 | $9,935,142 |
Many Mansions A California Non Profit Corporation Thousand Oaks, CA | $49,275,263 | $6,482,508 |
Habitat For Humanity International Inc Bend, OR | $14,216,100 | $11,437,404 |
Central Valley Low Income Housing Corporation Stockton, CA | $1,196,462 | $6,920,915 |
Hopelink Of Southern Nevada Henderson, NV | $2,897,801 | $7,179,714 |
New Economics For Women Los Angeles, CA | $39,265,644 | $7,599,995 |
Innovative Housing Inc Portland, OR | $72,167,425 | $8,053,529 |
Charities Housing Development Corp Of Santa Clara County San Jose, CA | $123,331,448 | $9,533,186 |
Hawaii Assisted Housing Inc Honolulu, HI | $9,716,019 | $6,363,305 |
Nikkei Senior Gardens Arleta, CA | $17,603,501 | $5,624,678 |
Riverside Community Housing Corporation Riverside, CA | $11,750,399 | $5,118,956 |
Housing Development Partners Of San Diego San Diego, CA | $64,899,022 | $5,565,742 |