Nonprofit · EIN 85-0249296
PORTALES RETIREMENT HOUSING CORPORATION
Tax-exempt · PORTALES, NM 88130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $860,264 | $844,704 | $15,560 | $454,575 | $518,752 | -$64,177 |
| December 31, 2023 | 990 | $811,979 | $701,026 | $110,953 | $453,360 | $560,903 | -$107,543 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $284,981
- of which government grants
- $284,981
- Program service revenue
- $613,579
- Investment income
- $387
- Other revenue
- -$38,683
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $100,241
- Salaries, compensation and benefits (total)
- $142,116
- Professional fundraising fees
- $0
- Legal fees
- $154
- Accounting fees
- $7,740
- Occupancy
- $268,014
- Travel
- $2,592
- Depreciation
- $69,967
- Program services (functional)
- $758,304
- Management and general (functional)
- $86,400
Balance sheet and other
- Total assets, start of year
- $453,360
- Total assets, end of year
- $454,575
- Total liabilities, end of year
- $518,752
- Net assets, end of year
- -$64,177
- Land, buildings and equipment
- $184,792
- Net assets without donor restrictions
- -$64,177
- Gross receipts
- $860,264
- Employees
- 0
- Year formed
- 1984
- State of legal domicile
- NM
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 |
|---|---|---|---|
| BILL CATHEY | MEMBER Trustee or director | – | $0 |
| SANDY CHANCEY | PRESIDENT Trustee or director, Officer | – | $0 |
| J SCOT FISHBURN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| BOBBY GRIFFITH | SECRETARY Trustee or director, Officer | – | $0 |
| CHRIS MERRICK | MEMBER Trustee or director | – | $0 |
| TONY SALGUERO | MEMBER Trustee or director | – | $0 |
| KEITH THOMAS | MEMBER Trustee or director | – | $0 |
| PAT WATSON | MEMBER Trustee or director | – | $0 |
| ELVA WHELER | MEMBER Trustee or director | – | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BILL CATHEY | MEMBER Trustee or director | – | $0 |
| SANDY CHANCEY | PRESIDENT Trustee or director, Officer | – | $0 |
| J SCOT FISHBURN | VICE PRESIDE Trustee or director, Officer | – | $0 |
| BOBBY GRIFFITH | SECRETARY Trustee or director, Officer | – | $0 |
| CHRIS MERRICK | MEMBER Trustee or director | – | $0 |
| TONY SALGUERO | MEMBER Trustee or director | – | $0 |
| KEITH THOMAS | MEMBER Trustee or director | – | $0 |
| PAT WATSON | MEMBER Trustee or director | – | $0 |
| ELVA WHELER | MEMBER Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 718 WYLIE COX CIR, PORTALES, NM 88130-7144
- Principal officer (990 for 2024)
- SANDY CHANCEY
- Signed the 990
- SANDY CHANCEY, PRESIDENT
- Phone
- (505) 260-4800
- Return prepared by
- FOX GARCIA AND COMPANY LLC
Mission
TO PROVIDE ASSISTANCE TO LOW INCOME RESIDENTS.
Program accomplishments
- TO PROVIDE ASSISTANCE TO LOW INCOME RESIDENTS.Expenses $697,565 · revenue $613,579
- TO PROVIDE ASSISTANCE TO LOW INCOME RESIDENTS.Expenses $60,739
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
- 85-0249296
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $454,575
- Income (IRS master file)
- $860,264
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $860,264 | $844,704 | $454,575 | XML |
| 990 | December 2023 | $811,979 | $701,026 | $453,360 | XML |
| 990 | December 2022 | $671,518 | $623,110 | $373,588 | 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 85-0249296).
Questions about PORTALES RETIREMENT HOUSING CORPORATION
- What is the EIN of PORTALES RETIREMENT HOUSING CORPORATION?
- The employer identification number (EIN) of PORTALES RETIREMENT HOUSING CORPORATION is 85-0249296.
- Is PORTALES RETIREMENT HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to PORTALES RETIREMENT HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PORTALES RETIREMENT HOUSING 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 PORTALES RETIREMENT HOUSING 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 PORTALES RETIREMENT HOUSING 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 PORTALES RETIREMENT HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 names SANDY CHANCEY.
- Who are the officers and directors of PORTALES RETIREMENT HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does PORTALES RETIREMENT HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $860,264, expenses of $844,704 and total assets of $454,575 at year end.
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- EASTERN NEW MEXICO UNIVERSITY FOUNDATION EIN 85-0266258 · last filed 990 for 2025
- NEW MEXICO CHRISTIAN CHILDRENS HOME INC EIN 85-6018576 · last filed 990 for 2025
- THE NEW MEXICO BAPTIST CHILDRENS HOME EIN 85-0437099 · last filed 990 for 2024
- COMMUNITY SERVICES CENTER EIN 85-6013260 · last filed 990 for 2025
- ROOSEVELT COUNTY WATER COOPERATIVE INC EIN 85-0217679 · last filed 990 for 2025
All nonprofits in PORTALES · New Mexico · Housing and shelter