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507 Holding Company 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
$159k (2023)

Expenses
$106k (2023)

Total Assets
$627k (2023)

Total Liabilities
$360k (2023)

Source: Form 990 tax filings from 2011 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 Aug.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,700
Expenses
$106,176
Net Income
$52,524
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $152,372
96.0%
Investment Income $8,716
5.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,476
Net Inventory Sales $0
Other Revenue $1,088
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $627,345
Total Liabilities $359,602
Net Assets $267,743
Compensation
Key Employees and Officers Compensation Related Other
David Wessel (Director) $0 $0 $0
Robert Graziosi (Director) $0 $0 $0
Henry Chaudron (Secretary) $0 $0 $0
Goodel Tajano (Director) $0 $0 $0
Wayne Penley (Vice President) $0 $0 $0
Jason Oliver (Director) $0 $0 $0
Barry Noe (President) $0 $0 $0
Ted Kammar (Treasurer) $0 $0 $0
Andro Villegas (Director) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$165,208
Expenses
$92,587
Net Income
$72,621
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $150,141
90.9%
Investment Income $7,225
4.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,541
4.6%
Net Inventory Sales $0
Other Revenue $301
0.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $643,562
Total Liabilities $375,819
Net Assets $267,743
Compensation
Key Employees and Officers Compensation Related Other
David Wessel (Director) $0 $0 $0
Henry Chaudron Sr (Director) $0 $0 $0
Robert Graziosi (Director) $0 $0 $0
Henry Chaudron (Secretary) $0 $0 $0
Goodel Tajano (Director) $0 $0 $0
Wayne Penley (Vice President) $0 $0 $0
Barry Noe (President) $0 $0 $0
Ted Kammar (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$93,772
Expenses
$93,772
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $56,305
60.0%
Investment Income $31,171
33.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $6,265
6.7%
Net Inventory Sales $0
Other Revenue $31
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $633,740
Total Liabilities $365,997
Net Assets $267,743
Compensation
Key Employees and Officers Compensation Related Other
David Glenn (Director) $0 $0 $0
Henry Chaudron Sr (Secretary) $0 $0 $0
Robert Graziosi (Director) $0 $0 $0
Henry Chaudron (Director) $0 $0 $0
Jason Oliver (Director) $0 $0 $0
Wayne Penley (President) $0 $0 $0
Robert Schott (Director) $0 $0 $0
Barry Noe (Vice President) $0 $0 $0
Ted Kammar (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Aug.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$124,721
Expenses
$124,721
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $106,762
85.6%
Investment Income $10,229
8.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $7,716
6.2%
Net Inventory Sales $0
Other Revenue $14
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $548,724
Total Liabilities $280,981
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$135,738
Expenses
$135,738
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $127,803
94.2%
Investment Income $10,904
8.0%
Net Fundraising $0
Sales of Assets -$2,980
Net Inventory Sales $0
Other Revenue $11
0.0%
Assets/Debt
Total Assets $495,600
Total Liabilities $227,857
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2018

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$100,051
Expenses
$100,051
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $87,314
87.3%
Investment Income $12,220
12.2%
Net Fundraising $0
Sales of Assets $517
0.5%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $494,819
Total Liabilities $227,076
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$101,837
Expenses
$101,837
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $88,604
87.0%
Investment Income $10,930
10.7%
Net Fundraising $0
Sales of Assets $2,303
2.3%
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $489,204
Total Liabilities $221,461
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$109,358
Expenses
$109,358
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $105,590
96.6%
Investment Income $5,881
5.4%
Net Fundraising $0
Sales of Assets -$2,113
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $471,042
Total Liabilities $203,299
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$102,771
Expenses
$102,771
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $99,520
96.8%
Investment Income $3,722
3.6%
Net Fundraising $0
Sales of Assets -$471
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $452,612
Total Liabilities $184,869
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$83,938
Expenses
$83,938
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $82,447
98.2%
Investment Income $1,552
1.8%
Net Fundraising $0
Sales of Assets -$61
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $439,058
Total Liabilities $171,315
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2013

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$157,753
Expenses
$157,753
Net Income
$0
Net Assets
$267,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $153,239
97.1%
Investment Income $4,514
2.9%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $409,586
Total Liabilities $141,843
Net Assets $267,743

Document Links

Fiscal Year Ending Aug.
2012

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$157,155
Expenses
$158,155
Net Income
-$1,000
Net Assets
$289,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
0.3%
Program Services $152,296
96.9%
Investment Income $4,359
2.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $460,150
Total Liabilities $170,200
Net Assets $289,950

Document Links

Fiscal Year Ending Aug.
2011

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$100,163
Expenses
$100,163
Net Income
$0
Net Assets
$289,950
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,000
7.0%
Program Services $89,162
89.0%
Investment Income $4,001
4.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $504,580
Total Liabilities $214,630
Net Assets $289,950

Document Links

Fiscal Year Ending Aug.
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 Aug.
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 Sept.
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 Sept.
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 Sept.
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 Sept.
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

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 »

Get the Data

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.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • 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.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • 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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