Commonwealth Royal Palms Holding Corporation in Los Angeles, California (CA)

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Commonwealth Royal Palms Holding Corporation
Employer Identification Number (EIN)522066923
Name of OrganizationCommonwealth Royal Palms Holding Corporation
In Care of NameLowe Enterprises Investment Manag
Address11777 San Vicente Blvd Ste 900, Los Angeles, CA 90049-5084
SubsectionTitle Holding Co. for Pensions, etc.
Ruling Date03/1999
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$50,000,000 to greater
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$63,362,528
Amount of Income$2,989,372
Form 990 Revenue Amount$2,989,372
National Taxonomy of Exempt Entities (NTEE)Unknown: Unknown


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Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$2,400,000
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$2,400,000
Gross rents (Real / Personal)$2,400,000 / $0
Less: rental expenses (Real / Personal)$0 / $0
Rental income or (loss) (Real / Personal)$0 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$188,699
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$188,699
Balance Sheet (for 2012)
Total assets$56,534,339
Total liabilities$72,864
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$72,864
Total net assets or fund balances$56,461,475
Retained earnings, endowment, accumulated income, or other funds$21,791,192
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
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