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Nonprofit · EIN 86-0436743

CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION

Tax-exempt · GLENDALE, AZ 85301

Financials

$18.3M$13.2M2022$15.8M$7.6M2023$20.5M$25.4M2024
Revenue Expenses · by fiscal year end
Financials of CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$20,451,828$25,413,738-$4,961,910$71,744,434$56,774,661$14,969,773
June 30, 2024990$15,751,484$7,646,531$8,104,953$91,367,860$69,066,177$22,301,683
June 30, 2023990$18,310,000$13,156,000$5,154,000$236,180,000$221,983,000$14,197,000
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$20,286,289
of which government grants
$20,286,289
Program service revenue
$0
Investment income
$165,539
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$25,413,738

Balance sheet and other

Total assets, start of year
$91,367,860
Total assets, end of year
$71,744,434
Total liabilities, end of year
$56,774,661
Net assets, end of year
$14,969,773
Gross receipts
$20,451,828
Employees
0
Volunteers
6
Year formed
1982
State of legal domicile
AZ

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
ROGER SCHWIERJOHNPRESIDENT/CHAIR
Trustee or director, Officer
1$0
JULIE PYNEVICE PRESIDENT/TREASURER
Trustee or director, Officer
0.5$0
MARGARET GIBBONSSECRETARY
Trustee or director, Officer
0.5$0
JIM BROADNAXDIRECTOR
Trustee or director
0.5$0
KERRY COOPERDIRECTOR
Trustee or director
0.5$0
TONJA OLIVERDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
ROGER SCHWIERJOHNPRESIDENT/CHAIR
Trustee or director, Officer
1$0
JULIE PYNEVICE PRESIDENT/TREASURER
Trustee or director, Officer
0.5$0
DAVID LECKIESECRETARY (THROUGH 01/2024)
Trustee or director, Officer
0.5$0
JIM BROADNAXDIRECTOR
Trustee or director
0.5$0
KERRY COOPERDIRECTOR
Trustee or director
0.5$0
MARGARET GIBBONSDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
ROGER SCHWIERJOHNPRESIDENT/CHAIR
Trustee or director, Officer
1$0
JULIE PYNEVICE PRESIDENT/TREASURER
Trustee or director, Officer
0.5$0
DAVID LECKIESECRETARY
Trustee or director, Officer
0.5$0
JOHN JONESDIRECTOR (THRU 9/28/22)
Trustee or director
0.5$0
LELAND W PETERSONDIRECTOR (THRU 1/31/23)
Trustee or director
1$0

Address and contacts

Address (IRS master file)
5850 WEST GLENDALE AVENUE 302, GLENDALE, AZ 85301-2563
In care of
% FINANCE DIRECTOR
Principal officer (990 for 2024)
MARGARET GIBBONS, 5308 W BLOOMFIELD ROAD, GLENDALE, AZ 85304
Signed the 990
MARGARET GIBBONS, SECRETARY
Phone
(623) 930-2480
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

ASSIST THE CITY OF GLENDALE TO FINANCE MUNICIPAL CONSTRUCTION PROJECTS SUCH AS STREET LIGHTS, MUNICIPAL FACILITY, MULTIPURPOSE RECREATION FACILITY, PARKING GARAGE, MEDIA CENTER, CONVENTION CENTER, PUBLIC SAFETY TRAINING FACILITY, AND INFRASTRUCTURE.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION ASSISTS THE CITY OF GLENDALE TO FINANCE MUNICIPAL CONSTRUCTION PROJECTS SUCH AS STREET LIGHTS, MUNICIPAL FACILITY, MULTIPURPOSE RECREATION FACILITY, PARKING GARAGE, MEDIA CENTER, CONVENTION CENTER, PUBLIC SAFETY TRAINING FACILITY, AND INFRASTRUCTURE.
    Expenses $25,413,738

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
86-0436743
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$71,744,434
Income (IRS master file)
$20,451,828

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$20,451,828$25,413,738$71,744,434IRS
990June 2024$15,751,484$7,646,531$91,367,860IRS
990June 2023$18,310,000$13,156,000$236,180,000XML
990June 2022$19,719,000$14,484,000$241,439,000IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 86-0436743).

Questions about CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION

What is the EIN of CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION?
The employer identification number (EIN) of CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION is 86-0436743.
Is CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1985.
Are donations to CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CITY OF GLENDALE MUNICIPAL PROPERTY 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 CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION?
The 990 for the year ended June 30, 2025 names MARGARET GIBBONS.
Who are the officers and directors of CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does CITY OF GLENDALE MUNICIPAL PROPERTY CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $20,451,828, expenses of $25,413,738 and total assets of $71,744,434 at year end.

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