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Colchester Properties Inc

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$60.8k (2023)

Expenses
$156k (2023)

Total Assets
$456k (2023)

Total Liabilities
$1.37M (2023)

Source: Form 990 tax filings from 2014 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$60,786
Expenses
$155,907
Net Income
-$95,121
Net Assets
-$917,518
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $46,017
75.7%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $14,769
24.3%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $456,358
Total Liabilities $1,373,876
Net Assets -$917,518
Compensation
Key Employees and Officers Compensation Related Other
Gary R Black (President Part Year) $0 $191,785 $26,987
Mark S Holbrook (Treasurer) $0 $108,237 $25,348
Amanda Ewers (Secretary) $0 $75,380 $16,818
Dean Scheske (President) $0 $31,750 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$103,222
Expenses
$150,178
Net Income
-$46,956
Net Assets
-$847,889
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $50,003
48.4%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $53,219
51.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $535,076
Total Liabilities $1,382,965
Net Assets -$847,889
Compensation
Key Employees and Officers Compensation Related Other
Douglas E Laditka (Vice President Part Year) $0 $91,386 $11,950
Mark S Holbrook (Treasurer) $0 $105,979 $24,789
Amanda Ewers (Secretary) $0 $91,386 $13,923
Gary R Black (President) $0 $144,255 $34,798

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,901
Expenses
$85,702
Net Income
-$76,801
Net Assets
-$828,901
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $32,340
> 100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$23,439
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $569,300
Total Liabilities $1,398,201
Net Assets -$828,901
Compensation
Key Employees and Officers Compensation Related Other
Deanna S Mccormick (President Former) $0 $232,375 $15,962
Douglas E Laditka (Vice President) $0 $144,505 $8,426
Mark S Holbrook (Treasurer) $0 $97,484 $15,206
Amanda Ewers (Secretary) $0 $56,649 $2,885
Gary R Black (President Began 2/1/21) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$72,055
Expenses
$122,758
Net Income
-$50,703
Net Assets
-$740,385
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $52,055
72.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,000
27.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $656,247
Total Liabilities $1,396,632
Net Assets -$740,385
Compensation
Key Employees and Officers Compensation Related Other
Deanna S Mccormick (President) $0 $233,293 $0
Douglas E Laditka (Assistance Vice President) $0 $134,403 $0
Mark S Holbrook (Treasurer) $0 $95,000 $9,000
Ruth Reese (Secretary) $0 $58,149 $1,596

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,632
Expenses
$144,256
Net Income
-$50,624
Net Assets
-$708,324
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $93,610
100.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $22
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $713,352
Total Liabilities $1,421,676
Net Assets -$708,324
Compensation
Key Employees and Officers Compensation Related Other
Deanna S Mccormick (President) $0 $168,153 $16,304
Douglas E Laditka (Vice President) $0 $0 $0
Ruth Reese (Secretary) $0 $53,664 $13,996
Mark S Holbrook (Treasurer) $0 $105,098 $20,101
Donald Masternak (Vice President Part Year) $0 $99,962 $23,547

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$102,880
Expenses
$120,109
Net Income
-$17,229
Net Assets
-$683,049
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $102,880
100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $892,603
Total Liabilities $1,575,652
Net Assets -$683,049
Compensation
Key Employees and Officers Compensation Related Other
Deanna S Mccormick (President) $0 $0 $0
Donald Masternak (Vice President) $0 $98,592 $19,470
Ruth Reese (Secretary) $0 $52,884 $13,869
Mark S Holbrook (Treasurer) $0 $99,696 $19,888
Jerry L White (President Part Year) $0 $181,712 $33,361

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$22,864
Expenses
$143,834
Net Income
-$120,970
Net Assets
-$665,820
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $61,554
> 100%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$38,690
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $950,440
Total Liabilities $1,616,260
Net Assets -$665,820
Compensation
Key Employees and Officers Compensation Related Other
Jerry L White (President) $0 $178,679 $32,343
Donald Masternak (Vice President) $0 $90,378 $18,832
Ruth Reese (Secretary) $0 $48,266 $13,342
Mark S Holbrook (Treasurer) $0 $90,678 $19,209

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$104,810
Expenses
$111,013
Net Income
-$6,203
Net Assets
-$544,850
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,000
38.2%
Program Services $64,810
61.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $929,832
Total Liabilities $1,474,682
Net Assets -$544,850
Compensation
Key Employees and Officers Compensation Related Other
Jerry L White (President) $0 $154,424 $45,829
Donald Masternak (Vice President) $0 $86,744 $17,657
Ruth Reese (Secretary) $0 $46,847 $10,237
Mark S Holbrook (Treasurer) $0 $79,175 $29,944

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$88,524
Expenses
$100,994
Net Income
-$12,470
Net Assets
-$538,647
Notable Sources of Revenue Percent of Total Revenue
Contributions $40,000
45.2%
Program Services $74,219
83.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$25,695
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $767,643
Total Liabilities $1,306,290
Net Assets -$538,647
Compensation
Key Employees and Officers Compensation Related Other
Jerry L White (President) $0 $53,186 $26,019
Donald Masternak (Vice President) $0 $85,192 $37,586
Ruth Reese (Secretary) $0 $45,259 $18,853
Mark S Holbrook (Treasurer) $0 $77,597 $43,838
James Galbally (Secretary (Part Year)) $0 $333,837 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$134,751
Expenses
$421,980
Net Income
-$287,229
Net Assets
-$526,177
Notable Sources of Revenue Percent of Total Revenue
Contributions $63,000
46.8%
Program Services $71,751
53.2%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $876,488
Total Liabilities $1,402,665
Net Assets -$526,177
Compensation
Key Employees and Officers Compensation Related Other
Michael L Frandsen (President) $0 $202,848 $32,815
Donald Masternak (Vice President) $0 $81,115 $22,652
James Galbally (Secretary) $0 $0 $0
Mark S Holbrook (Treasurer) $0 $74,046 $25,591

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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