Nonprofit · EIN 33-0833675
CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION
Tax-exempt · IRVINE, CA 92618
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,143,772 | $1,161,121 | -$17,349 | $1,624,462 | $1,262,075 | $362,387 |
| December 31, 2024 | 990 | $1,210,786 | $1,110,516 | $100,270 | $1,681,832 | $1,302,096 | $379,736 |
| December 31, 2023 | 990 | $1,084,922 | $953,117 | $131,805 | $1,451,288 | $1,171,822 | $279,466 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,096,040
- Investment income
- $47,732
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $4,961
- Program services (functional)
- $787,674
- Management and general (functional)
- $373,447
Balance sheet and other
- Total assets, start of year
- $1,681,832
- Total assets, end of year
- $1,624,462
- Total liabilities, end of year
- $1,262,075
- Net assets, end of year
- $362,387
- Net assets without donor restrictions
- $262,732
- Net assets with donor restrictions
- $99,655
- Gross receipts
- $1,143,772
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1998
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCOS DIAZ | PRESIDENT Officer | 3 | $0 |
| DAMON LEAKS | VICE PRESIDE Officer | 3 | $0 |
| MIRYAM CHOCA | SECRETARY Officer | 3 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCOS DIAZ | PRESIDENT Officer | 3 | $0 |
| DAMON LEAKS | VICE PRESIDE Officer | 3 | $0 |
| MIRYAM CHOCA | SECRETARY Officer | 3 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH HORACEK | DIRECTOR AT Trustee or director | 3 | $0 |
| MARCOS DIAZ | PRESIDENT Officer | 3 | $0 |
| MIRYAM CHOCA | VICE PRESIDE Officer | 3 | $0 |
| DAMON LEAKS | SECRETARY Officer | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 15241 LAGUNA CANYON RD, IRVINE, CA 92618-3146
- In care of
- % MERIT PROPERTY MANAGEMENT INC
- Principal officer (990 for 2025)
- MARCOS DIAZ, 15241 LAGUNA CANYON ROAD, IRVINE, CA 92618
- Signed the 990
- DAMON LEAKS, VICE PRESIDENT
- Phone
- (858) 457-0200
- Return prepared by
- NEWMAN CERTIFIED PUBLIC ACCOUNTANT PC
California records
California keeps its own records of charities and corporations. Search them by EIN 33-0833675 or by the name CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION.
- 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
ENHANCEMENT OF COMMUNITY VALUES.
Program accomplishments
- THE ASSOCIATION IS A MASTER PLANNED COMMUNITY WITH 1,463 HOMES, WHICH ACHIEVES ITS GOALS OF MAINTAINING AND PRESERVING THE COMMUNITY'S COMMON AREA AND VALUES VIA VOLUNTEER COMMITTEES AND FORUMS.Expenses $787,674 · revenue $1,096,040
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 | 990 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
- 33-0833675
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L50)
- Assets (IRS master file)
- $1,624,462
- Income (IRS master file)
- $1,143,772
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,143,772 | $1,161,121 | $1,624,462 | XML |
| 990 | December 2024 | $1,210,786 | $1,110,516 | $1,681,832 | IRS |
| 990 | December 2023 | $1,084,922 | $953,117 | $1,451,288 | XML |
| 990 | December 2022 | $885,878 | $858,555 | $1,245,112 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 33-0833675).
Questions about CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION
- What is the EIN of CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION?
- The employer identification number (EIN) of CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION is 33-0833675.
- Is CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2003.
- Are donations to CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION 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 CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names MARCOS DIAZ.
- Who are the officers and directors of CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CALIFORNIA TERRACES NEIGHBORHOOD HOMEOWNERS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,143,772, expenses of $1,161,121 and total assets of $1,624,462 at year end.
Other nonprofits in IRVINE
- QUALITY DEVELOPMENT AND CONSTRUCTION INC EIN 46-0815785 · last filed 990 for 2024
- CARITAS CORPORATION EIN 33-0694603 · last filed 990 for 2024
- IRVINE CAMPUS HOUSING AUTHORITY EIN 33-0007407 · last filed 990 for 2025
- RANCHO MISSION VIEJO MASTER MAINTENANCE CORPORATION EIN 45-5513034 · last filed 990 for 2025
- CARITAS AFFORDABLE HOUSING INC EIN 33-0829212 · last filed 990 for 2024
- NEWPORT COAST COMMUNITY ASSOCIATION EIN 33-0482142 · last filed 990 for 2025
- DEL SUR COMMUNITY ASSOCIATION EIN 20-4674478 · last filed 990 for 2025
- AUDIE MURPHY RANCH COMMUNITYASSOCIATION EIN 26-0584580 · last filed 990 for 2025