Nonprofit · EIN 26-3314769
REEF BARNES CANYON INC
Tax-exempt · SEATTLE, WA 98101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,692,810 | $707,535 | $985,275 | $10,676,114 | $12,428 | $10,663,686 |
| December 31, 2023 | 990 | $1,636,199 | $670,930 | $965,269 | $10,586,141 | $9,270 | $10,576,871 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,692,666
- Investment income
- $144
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $284,937
- Depreciation
- $307,908
Balance sheet and other
- Total assets, start of year
- $10,586,141
- Total assets, end of year
- $10,676,114
- Total liabilities, end of year
- $12,428
- Net assets, end of year
- $10,663,686
- Land, buildings and equipment
- $10,056,615
- Gross receipts
- $1,692,810
- Employees
- 0
- Volunteers
- 6
- Year formed
- 2008
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORY A CARLSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| PATRICK S MALLEY | CEO/PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROBERT KOVECS | SECRETARY/CFO/TREASURER Officer | 1 | $0 |
| PETER BURY | VICE PRESIDENT Officer | 1 | $0 |
| JENNY GAGE | VICE PRESIDENT Officer | 1 | $0 |
| ROBIN DEAN | VICE PRESIDENT Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CORY A CARLSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| PATRICK S MALLEY | CEO/PRESIDENT Trustee or director, Officer | 1 | $0 |
| ROBERT KOVECS | SECRETARY/CFO/TREASURER Officer | 1 | $0 |
| PETER BURY | VICE PRESIDENT Officer | 1 | $0 |
| JENNY GAGE | VICE PRESIDENT Officer | 1 | $0 |
| ROBIN DEAN | VICE PRESIDENT Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1200 6TH AVE STE 700, SEATTLE, WA 98101-3125
- In care of
- % RUSSELL SMITH
- Principal officer (990 for 2024)
- CORY CARLSON, 1200 SIXTH AVE 700, SEATTLE, WA 98101
- Signed the 990
- DAVID ALFI, VP, CONTROLLER
- Phone
- (206) 382-0825
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE ENTITY IS ORGANIZED AS A TITLE-HOLDING COMPANY, ORGANIZED SOLELY FOR THE LIMITED PURPOSE OF ACQUIRING, OWNING, IMPROVING, LEASING, MANAGING, OPERATING, AND HOLDING REAL ESTATE FOR INVESTMENT PURPOSES.
Program accomplishments
- REEF BARNES CANYON, INC. WAS ORGANIZED FOR THE EXCLUSIVE PURPOSE OF ACQUIRING, HOLDING TITLE TO, AND COLLECTING INCOME FROM REAL PROPERTY, AND REMITTING THE ENTIRE AMOUNT OF SUCH INCOME, LESS EXPENSES, TO ITS SOLE MEMBER, A TRUST EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(A) AS IT IS A QUALIFIED PENSION PLAN AS DEFINED IN IRC SECTION 401(A).
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3314769
- Tax-exempt status
- 501(c)(25): Title-holding corporation for multiple parents
- Donations deductible
- No
- Exempt since
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S470)
- Assets (IRS master file)
- $10,676,114
- Income (IRS master file)
- $1,692,810
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,692,810 | $707,535 | $10,676,114 | XML |
| 990 | December 2023 | $1,636,199 | $670,930 | $10,586,141 | XML |
| 990 | December 2022 | $1,547,849 | $685,425 | $10,951,296 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-3314769).
Questions about REEF BARNES CANYON INC
- What is the EIN of REEF BARNES CANYON INC?
- The employer identification number (EIN) of REEF BARNES CANYON INC is 26-3314769.
- Is REEF BARNES CANYON INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(25) since 2010.
- Are donations to REEF BARNES CANYON INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does REEF BARNES CANYON INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of REEF BARNES CANYON INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did REEF BARNES CANYON INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of REEF BARNES CANYON INC?
- The 990 for the year ended December 31, 2024 names CORY CARLSON.
- Who are the officers and directors of REEF BARNES CANYON INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does REEF BARNES CANYON INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,692,810, expenses of $707,535 and total assets of $10,676,114 at year end.
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