Nonprofit · EIN 90-0126641
NTC FOUNDATION
Tax-exempt · SAN DIEGO, CA 92106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,202,440 | $7,545,562 | -$1,343,122 | $48,699,097 | $23,431,623 | $25,267,474 |
| December 31, 2023 | 990 | $6,380,813 | $6,902,786 | -$521,973 | $42,741,444 | $12,681,202 | $30,060,242 |
| December 31, 2021 | 990 (amended) | $6,267,631 | $5,977,787 | $289,844 | $51,391,407 | $17,080,028 | $34,311,379 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $617,966
- Program service revenue
- $5,451,162
- Investment income
- $110,987
- Other revenue
- $22,325
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $575,136
- Other salaries and wages
- $562,954
- Salaries, compensation and benefits (total)
- $1,138,090
- Professional fundraising fees
- $5,111
- Legal fees
- $159,141
- Accounting fees
- $97,701
- Occupancy
- $629,543
- Travel
- $29,773
- Depreciation
- $1,247,920
- Program services (functional)
- $6,765,424
- Management and general (functional)
- $548,834
- Fundraising (functional)
- $231,304
Balance sheet and other
- Total assets, start of year
- $42,741,444
- Total assets, end of year
- $48,699,097
- Total liabilities, end of year
- $23,431,623
- Net assets, end of year
- $25,267,474
- Land, buildings and equipment
- $25,871,410
- Net assets without donor restrictions
- $24,964,037
- Net assets with donor restrictions
- $303,437
- Gross receipts
- $6,202,440
- Employees
- 10
- Volunteers
- 1
- Year formed
- 2000
- 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 |
|---|---|---|---|
| LISA JOHNSON | PRESIDENT & CEO Officer | 40 | $196,768 |
| JAMES HALLIDAY | VP & CAO Officer | 40 | $140,000 |
| KATE RUBALCAVA | VP & COO Officer | 40 | $126,048 |
| NINA LEUNG | CFO Officer | 40 | $112,320 |
| BURT ESPE | THE OHANA BAYAN PROJECT Trustee or director | 5 | $0 |
| DR MARK SANCHEZ | SUPERINTENDENT/PRESIDENT S Trustee or director | 5 | $0 |
| JASON PAGUIO | COMMUNITY LEADER Trustee or director | 5 | $0 |
| JAVIER DELEON | COMMUNITY LEADER Trustee or director | 5 | $0 |
| JUDITH NORA | TREASURER, PAST-CHAIR Trustee or director, Officer | 10 | $0 |
| KATHY KRENTLER | CHAIR, PROFESSOR, SAN Trustee or director, Officer | 10 | $0 |
| KEN STIPANOV | PAST-CHAIR, COMMUNITY LEAD Trustee or director | 5 | $0 |
| LINDY MAMER | SECRETARY, BANKING, COMMUN Trustee or director, Officer | 10 | $0 |
| LYNETTE SANTOS | COUNTY OF SAN DIEGO Trustee or director | 5 | $0 |
| PAULA C PETER | PROFESSOR OF MARKETING SDS Trustee or director | 5 | $0 |
| RICH GUSTAFSON | CITYMARK DEVELOPMENT Trustee or director | 5 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SALOMON MAYA | TELEVISA Trustee or director | 5 | $0 |
| SIDD VIVEK | COMMUNITY LEADER Trustee or director | 5 | $0 |
| VICKI REED | COMMUNITY LEADER Trustee or director | 5 | $0 |
| JEAN THOMAS | COMMUNITY LEADER Trustee or director | 5 | $0 |
| JENNIFER WOLFE | H.G. FENTON COMPANY, ASSOCIATE GENERAL COUNSEL Trustee or director | 5 | $0 |
| LESLIE HARRINGTON | SAN DIEGO FOUNDATION Trustee or director | 5 | $0 |
| NEISHA HERNANDEZ | NEISHA'S DANCE & MUSIC ACADEMY AND THE CHULA VISTA Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA JOHNSON | PRESIDENT & CEO Trustee or director, Officer | 40 | $189,200 |
| JUDITH NORA | CHAIR, PELL INVESTMENTS LLC CFO Trustee or director | 10 | $0 |
| KATHY KRENTLER | VICE-CHAIR, PROFESSOR, SAN DIEGO STATE UNIVERSITY, Trustee or director | 10 | $0 |
| KEN STIPANOV | PAST-CHAIR, COMMUNITY LEADER Trustee or director | 5 | $0 |
| KURT CHILCOTT | TREASURER, CDC SMALL BUSINESS FINANCE Trustee or director | 5 | $0 |
| LINDY MAMER | SECRETARY, BANKING, COMMUNITY LEADER Trustee or director | 5 | $0 |
| RICH GUSTAFSON | CITYMARK DEVELOPMENT Trustee or director | 5 | $0 |
| BURT ESPE | THE OHANA BAYAN PROJECT Trustee or director | 5 | $0 |
| JAVIER DELEON | COMMUNITY LEADER Trustee or director | 5 | $0 |
| PAULA C PETER | PROFESSOR OF MARKETING SDSU Trustee or director | 5 | $0 |
| SALOMON MAYA | TELEVISA Trustee or director | 5 | $0 |
| DR MARK SANCHEZ | SUPERINTENDENT/PRESIDENT SOUTHWESTERN COLLEGE Trustee or director | 5 | $0 |
| JASON PAGUIO | COMMUNITY LEADER Trustee or director | 5 | $0 |
| VICKI REED | COMMUNITY LEADER Trustee or director | 5 | $0 |
| SIDD VIVEK | COMMUNITY LEADER Trustee or director | 5 | $0 |
| LYNETTE SANTOS | COUNTY OF SAN DIEGO Trustee or director | 5 | $0 |
990 for the year ended December 31, 2021: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA JOHNSON | PRESIDENT & CEO Trustee or director, Officer | 40 | $156,000 | $6,000 |
| ALAN ZITER | EXECUTIVE DIRECTOR Officer | 40 | $148,200 | $6,000 |
| BURT ESPE | THE OHANA BAYAN PROJECT Trustee or director | 5 | $0 | $0 |
| IVAR LEETMA | REAL ESTATE DEVELOPMENT Trustee or director | 5 | $0 | $0 |
| JASON PAGUIO | COMMUNITY LEADER Trustee or director | 5 | $0 | $0 |
| JUDITH NORA | VICE-CHAIR, PELL INVESTMENS Trustee or director | 10 | $0 | $0 |
| JUDY MCDONALD | COMMUNITY LEADER Trustee or director | 5 | $0 | $0 |
| KATHLEEN KRENTLER | VICE-CHAIR, PROFESSOR, SAN DIEGO STATE Trustee or director | 5 | $0 | $0 |
| KEN STIPANOV | CHAIR, REAL ESTATE PROFESS Trustee or director | 10 | $0 | $0 |
| KURT CHILCOTT | TREASURER, CDC SMALL BUSIN Trustee or director | 5 | $0 | $0 |
| LINDY MAMER | SECRETARY, BANKING Trustee or director | 5 | $0 | $0 |
| LYNNETTE TESSITORE | CULTURAL ARTS MANAGER Trustee or director | 5 | $0 | $0 |
| RICH GUSTAFSON | CITYMARK DEVELOPMENT Trustee or director | 5 | $0 | $0 |
| SALOMON MAYA | TELEVISA Trustee or director | 5 | $0 | $0 |
| SIDD VIVEK | JUNIOR ACHIEVEMENT OF SAN DIEGO COUNTY Trustee or director | 5 | $0 | $0 |
| VICTORIA REED | COMMUNITY LEADER Trustee or director | 5 | $0 | $0 |
| KAYE HOBSON | COMMUNITY VOLUNTEER Trustee or director | 5 | $0 | $0 |
| LORI FLEET-MARTIN | PAST CHAIR, COMMUNITY LEADER Trustee or director | 5 | $0 | $0 |
| VICTORIA HAMILTON | JAVOBS CENTER FOR NEIGHBORHOOD Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2820 ROOSEVELT RD STE 201, SAN DIEGO, CA 92106-6146
- In care of
- % NAVAL TRAINING CENTER
- Principal officer (990 for 2024)
- NINA LEUNG, 2820 ROOSEVELT ROAD STE 201, SAN DIEGO, CA 92106
- Signed the 990
- NINA LEUNG, CFO
- Phone
- (619) 226-1490
- Website
- WWW.NTCFOUNDATION.ORG
- Return prepared by
- SWENSON ADVISORS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 90-0126641 or by the name NTC FOUNDATION.
- 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 ACQUIRE, RENOVATE AND PRESERVE THE LAND AND THE FACILITIES OF THE FORMER NAVAL TRAINING CENTER ("NTC"), DESIGNATED AS THE "HISTORIC ARTS AND CULTURE DISTRICT". GENERAL PURPOSES OF THE FOUNDATION ARE TO OPERATE THE ARTS AND CULTURE DISTRICT AND DEVELOP PROGRAMS THAT PIONEER THE IMAGINATIVE USE OF THE ARTS AND CULTURE DISTRICT PRESERVING THE DIVERSE CULTURE OF THE SAN DIEGO REGION.
Program accomplishments
- LEASING, PROGRAMMING, AND OPERATING THE NTC CIVIC ARTS AND CULTURE CENTERExpenses $6,765,424 · revenue $5,451,162
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
- 90-0126641
- 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
- 2001
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $48,699,097
- Income (IRS master file)
- $6,202,440
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,202,440 | $7,545,562 | $48,699,097 | XML |
| 990 | December 2023 | $6,380,813 | $6,902,786 | $42,741,444 | XML |
| 990 | December 2022 | $5,464,682 | $6,054,764 | $49,111,472 | IRS |
| 990 | December 2021 | $6,267,631 | $5,977,787 | $51,391,407 | XML |
| 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 90-0126641).
Questions about NTC FOUNDATION
- What is the EIN of NTC FOUNDATION?
- The employer identification number (EIN) of NTC FOUNDATION is 90-0126641.
- Is NTC FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to NTC FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NTC FOUNDATION 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 NTC FOUNDATION 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 NTC FOUNDATION 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 NTC FOUNDATION?
- The 990 for the year ended December 31, 2024 names NINA LEUNG.
- Who are the officers and directors of NTC FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 22 people; 4 received compensation from the organization, the highest $196,768 (LISA JOHNSON, PRESIDENT & CEO).
- How much revenue does NTC FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,202,440, expenses of $7,545,562 and total assets of $48,699,097 at year end.
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