Nonprofit · EIN 82-4332625
FLEXIBLE PSH SOLUTIONS INC
Tax-exempt · LOS ANGELES, CA 90010
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,290 | $612,642 | -$611,352 | $60,616,226 | $61,270,971 | -$654,745 |
| December 31, 2023 | 990 | $1,229 | $9,317 | -$8,088 | $57,782,168 | $57,825,561 | -$43,393 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $1,290
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $327,000
- Other salaries and wages
- $80,000
- Salaries, compensation and benefits (total)
- $408,290
- Professional fundraising fees
- $0
- Program services (functional)
- $327,000
- Management and general (functional)
- $285,642
Balance sheet and other
- Total assets, start of year
- $57,782,168
- Total assets, end of year
- $60,616,226
- Total liabilities, end of year
- $61,270,971
- Net assets, end of year
- -$654,745
- Land, buildings and equipment
- $60,596,857
- Net assets without donor restrictions
- -$654,745
- Gross unrelated business income
- $1,290
- Gross receipts
- $1,290
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2018
- 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 |
|---|---|---|---|
| Paul Fox | Director Trustee or director | 1 | $0 |
| Curtis Holguin | Director Trustee or director | 1 | $0 |
| James Kohn | Director Trustee or director | 1 | $0 |
| Philip Nelson Lee | Director Trustee or director | 1 | $0 |
| Stephen L Hicks | CEO Trustee or director, Officer, Key employee | 40 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Fox | Director Trustee or director | 0.25 | $0 |
| Curtis Holguin | Director Trustee or director | 0.5 | $0 |
| James Kohn | Director Trustee or director | 0.25 | $0 |
| Philip Nelson Lee | Director Trustee or director | 0.25 | $0 |
| John E Molloy | CEO Trustee or director, Officer | 40 | $0 |
| Stephen L Hicks | CFO Trustee or director, Officer | 40 | $0 |
| Travis McClendon | Associate Key employee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3435 WILSHIRE BLVD STE 1400, LOS ANGELES, CA 90010-1923
- In care of
- % JOHN MOLLOY
- Principal officer (990 for 2024)
- Stephen L Hicks, 3435 Wilshire Blvd Ste 1400, Los Angeles, CA 94618
- Signed the 990
- Stephen Hicks, CFO
- Phone
- (213) 916-6806
- Website
- https://flexiblepsh.org
California records
California keeps its own records of charities and corporations. Search them by EIN 82-4332625 or by the name FLEXIBLE PSH SOLUTIONS INC.
- 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
Flexible PSH Solutions, Inc. develops and operates permanent supportive housing (PSH) by offering a creative approach to increasing the volume of PSH that serves the chronically homeless in California and provides supportive services to help keep its tenants living in homes and not in the streets. The Organization advanced its development progress in respect of its Enlightenment Plaza project by completing its project funding for the Montesquieu, Rousseau, and Voltaire project phases. Substantial progress was made in the construction of each of the buildings making up the first three phases of Enlightenment Plaza. As of the close of the calendar year, funding decisions based on certain application requests made by F-PSH for the 4th phase of of the Project, Locke Lofts, were pending with the expectation that such applications would receive funding awards in the 1st qtr of 2024.
Program accomplishments
- Flexible PSH Solutions substantially advanced the development of the first 3 phases of its 5-phase Enlightenment Plaza affordable housing project in 2024, nearing construction completion of Montesquieu Manor, Rousseau Residences, and Voltaire Villas in support of more than 150 units of the total 387 planned units for the project. In addition, F-PSH secured funding commitments in support of its next project phase, Locke Lofts, a project phase that will build an additional 150 affordable permanent supportive housing units within the Enlightenment Plaza campus. Construction completion and receipt of its Certificates of Occupancy issued by the City of Los Angeles on the first three phases is expected in the 4th quarter of 2025 and the 1st quarter of 2025. The funding preparation work and commitments received for Locke Lofts that F-PSH accomplished in 2022 is anticipated to lead to construction financing closing during 4th qtr 2025, with ground-breaking occuring by the 1st qtr of 2026.Expenses $327,000
- There were no additional program service accomplishments other than as described in accomplishment 1.0
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
- 82-4332625
- 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
- 2019
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L41)
- Assets (IRS master file)
- $60,616,226
- Income (IRS master file)
- $1,290
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,290 | $612,642 | $60,616,226 | IRS |
| 990 | December 2023 | $1,229 | $9,317 | $57,782,168 | XML |
| 990 | December 2022 | $289,297 | $354,726 | $40,488,199 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 82-4332625).
Questions about FLEXIBLE PSH SOLUTIONS INC
- What is the EIN of FLEXIBLE PSH SOLUTIONS INC?
- The employer identification number (EIN) of FLEXIBLE PSH SOLUTIONS INC is 82-4332625.
- Is FLEXIBLE PSH SOLUTIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to FLEXIBLE PSH SOLUTIONS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FLEXIBLE PSH SOLUTIONS INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FLEXIBLE PSH SOLUTIONS 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 FLEXIBLE PSH SOLUTIONS 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 FLEXIBLE PSH SOLUTIONS INC?
- The 990 for the year ended December 31, 2024 names Stephen L Hicks.
- Who are the officers and directors of FLEXIBLE PSH SOLUTIONS INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does FLEXIBLE PSH SOLUTIONS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,290, expenses of $612,642 and total assets of $60,616,226 at year end.
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