Park Acquisition Corp
Public records raise at least one point you should look into before giving.
What it says it does
THE PARK ACQUISITION CORPORATION (PAC)EXISTS TO HELP OPERATE MARIN VALLEY MOBILE COUNTY CLUB, A LOW-INCOME SENIOR MOBILE HOME PARK IN NOVATO, CALIFORNIA. THE PARK IS OWNED BY THE CITY OF NOVATO. PAC HAS AN ELECTED BOARD OF FIVE MEMBERS. THE PAC BOARD HELPS THE CITY OF NOVATO AND THE INDEPENDENT MANAGEMENT COMPANY WITH MANAGEMENT OF THE PARK, ASSISTING IN ANNUAL BUDGET PREPARATION, ADVISING ON VARIOUS REPAIRS AND REPLACEMENT PROJECTS, AND PARK RULES AND POLICIES.
- Income
- $71,267
- Spending
- $94,837
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- THE ORGANIZATION EXISTS TO HELP MANAGE AND OPERATE THE LOW-INCOME SENIOR MOBILE HOME PARK. ORGANIZATION INTERFACES WITH THE CITY OF NOVATO, THE OWNER, AND THE MANAGEMENT COMPANY, AND THE RESIDENTS. HELPS DEVELOP OPERATING BUDGET, MANAGE EXPENSES AND CAPITAL IMPROVEMENTS, AND HELPS CREAT E RULES AND POLICIES.
- ORGANIZATION HAS MONTHLY MEETINGS TO HEAR COMMENTS AND CONCERNS OF RESIDENT TENANTS. COMMUNICATEST WITH RESIDENTS ABOUT REGULAR MEETINGS.
- ORGANIZATION PUBLISHES A MONTHLY NEWSLETTER TO ALL RESIDENTS SHOWING CALENDAR OF EVENTS, STORIES FROM RESIDENTS, AND ARTICLES ABOUT HEALTH AND SAFETY.
Source: Form 990EZ for the year ending June 30, 2025, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on October 15, 2023 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(4) social welfare organization as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.