Nonprofit · EIN 27-1285566
PACE FINANCE CORPORATION
Tax-exempt · LOS ANGELES, CA 90017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,972,756 | $1,889,964 | $1,082,792 | $20,860,862 | $4,429,989 | $16,430,873 |
| December 31, 2023 | 990 | $1,408,934 | $1,179,704 | $229,230 | $18,578,108 | $3,230,027 | $15,348,081 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,334,973
- of which government grants
- $2,334,973
- Program service revenue
- $637,783
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $410,000
- Other salaries and wages
- $642,509
- Salaries, compensation and benefits (total)
- $859,857
- Professional fundraising fees
- $0
- Accounting fees
- $38,975
- Occupancy
- $66,143
- Travel
- $11,617
- Program services (functional)
- $1,667,930
- Management and general (functional)
- $222,034
Balance sheet and other
- Total assets, start of year
- $18,578,108
- Total assets, end of year
- $20,860,862
- Total liabilities, end of year
- $4,429,989
- Net assets, end of year
- $16,430,873
- Net assets without donor restrictions
- $13,906,511
- Net assets with donor restrictions
- $2,524,362
- Gross receipts
- $2,972,756
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2009
- State of legal domicile
- CA
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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KERRY DOI | PRESIDENT Trustee or director, Officer | 2 | $0 | $472,878 | $2,101 |
| WILLIAM CHUN | CFO Trustee or director, Officer | 2 | $0 | $300,800 | $6,800 |
| JON MAYEDA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| NEIL YONEJI | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KERRY DOI | PRESIDENT Trustee or director, Officer | 2 | $0 | $422,998 | $10,365 |
| WILLIAM CHUN | CFO Trustee or director, Officer | 2 | $0 | $245,633 | $20,431 |
| JON MAYEDA | SECRETARY Trustee or director, Officer | 2 | $0 | $0 | $0 |
| NEIL YONEJI | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1055 WILSHIRE BLVD STE 1475, LOS ANGELES, CA 90017-5652
- In care of
- % KERRY N DOL
- Principal officer (990 for 2024)
- KERRY N DOI, 1055 WILSHIRE BLVD 1475, LOS ANGELES, CA 90017
- Signed the 990
- KERRY N DOI, PRESIDENT
- Phone
- (213) 353-3982
- Return prepared by
- WINDES INC
California records
California keeps its own records of charities and corporations. Search them by EIN 27-1285566 or by the name PACE FINANCE CORPORATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
TO PROVIDE FINANCIAL SERVICES AND PRODUCTS TO LOW AND MODERATE INCOME COMMUNITIES.
Program accomplishments
- RExpenses $1,667,930 · grants $410,000 · revenue $637,783
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
- 27-1285566
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31)
- Assets (IRS master file)
- $20,860,862
- Income (IRS master file)
- $2,972,756
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,972,756 | $1,889,964 | $20,860,862 | IRS |
| 990 | December 2023 | $1,408,934 | $1,179,704 | $18,578,108 | XML |
| 990 | December 2022 | $4,424,340 | $1,437,374 | $17,367,891 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 27-1285566).
Questions about PACE FINANCE CORPORATION
- What is the EIN of PACE FINANCE CORPORATION?
- The employer identification number (EIN) of PACE FINANCE CORPORATION is 27-1285566.
- Is PACE FINANCE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to PACE FINANCE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PACE FINANCE CORPORATION 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 PACE FINANCE CORPORATION 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 PACE FINANCE CORPORATION 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 PACE FINANCE CORPORATION?
- The 990 for the year ended December 31, 2024 names KERRY N DOI.
- Who are the officers and directors of PACE FINANCE CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does PACE FINANCE CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,972,756, expenses of $1,889,964 and total assets of $20,860,862 at year end.
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