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Galaxy Ii Concord Corporation

Organization summary

Type of Nonprofit

Designated as a Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
−$5.1M (2023)

Expenses
$0 (2023)

Total Assets
$19.4M (2023)

Total Liabilities
$3.37M (2023)

Source: Form 990 tax filings from 2013 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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$5,097,492
Expenses
$0
Net Income
-$5,097,492
Net Assets
$15,991,507
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$5,097,492
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 $19,362,419
Total Liabilities $3,370,912
Net Assets $15,991,507
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$203,604
Expenses
$0
Net Income
-$203,604
Net Assets
$20,922,571
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$203,604
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 $24,852,182
Total Liabilities $3,929,611
Net Assets $20,922,571
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$1,129,947
Expenses
$0
Net Income
-$1,129,947
Net Assets
$19,829,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$1,129,947
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 $23,456,082
Total Liabilities $3,626,931
Net Assets $19,829,151
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$518,311
Expenses
$0
Net Income
$518,311
Net Assets
$22,212,783
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $518,311
100%
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 $27,249,443
Total Liabilities $5,036,660
Net Assets $22,212,783
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$333,129
Expenses
$0
Net Income
$333,129
Net Assets
$20,575,935
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $333,129
100%
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 $21,376,994
Total Liabilities $801,059
Net Assets $20,575,935
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$53,540
Expenses
$0
Net Income
$53,540
Net Assets
$14,231,963
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $53,540
100%
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 $21,000,655
Total Liabilities $6,768,692
Net Assets $14,231,963
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,768
Expenses
$0
Net Income
$47,768
Net Assets
$13,611,616
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $47,768
100%
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 $20,139,927
Total Liabilities $6,528,311
Net Assets $13,611,616
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$4,164
Expenses
$0
Net Income
$4,164
Net Assets
$13,065,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $4,164
100%
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 $19,622,377
Total Liabilities $6,556,588
Net Assets $13,065,789
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$50,970
Expenses
$0
Net Income
$50,970
Net Assets
$12,318,520
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $50,970
100%
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 $18,819,663
Total Liabilities $6,501,143
Net Assets $12,318,520
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
-$73,100
Expenses
$0
Net Income
-$73,100
Net Assets
$9,878,910
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income -$73,100
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 $16,999,700
Total Liabilities $7,120,790
Net Assets $9,878,910
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Stanley L Iezman (Chairman & Ceo) $0 $0 $0
Scott Darling (President & Secretary) $0 $0 $0
Kirk Helgeson (Evp/Emd, Investments) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$154,870
Expenses
$0
Net Income
$154,870
Net Assets
$11,583,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $154,870
100%
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 $11,944,992
Total Liabilities $361,720
Net Assets $11,583,272

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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