Totals
- Total revenue
- $17,313,131
- Total expenses
- $3,813,936
- Contributions and grants received
- $10,706,288
- Grants paid
- $0
- Program service revenue
- $6,442,947
- Investment income
- $204,065
- Other revenue
- -$40,169
- Total assets, end of year
- $73,234,241
- Total liabilities, end of year
- $23,011,490
- Net assets or fund balances, end of year
- $50,222,751
- Program services expenses (Part IX)
- $2,877,548
- Management and general expenses
- $635,396
- Fundraising expenses
- $300,992
- Program service expenses (Part III)
- $2,877,548
Program services were 75.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$101,350
-
1e · Government grants (contributions)
$10,389,765
-
1f · All other contributions, gifts and grants
$215,173
-
2a · Program service revenue: ASSET MANAGEMENT FEES
total $103,923 · related or exempt $103,923
-
2b · Program service revenue: DEVELOPER FEE
total $5,693,477 · related or exempt $5,693,477
-
2c · Program service revenue: INCOME (LOSS) AFFILIATES
total -$295 · related or exempt -$295
-
2d · Program service revenue: RENTAL INCOME
total $645,842 · related or exempt $645,842
-
3 · Investment income
total $204,065 · excluded $204,065
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: contributions included on line 1c
$101,350
-
8b · Fundraising events: direct expenses
$40,169
-
8c · Net income from fundraising events
total -$40,169
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $524,834 · program services $379,980 · management and general $101,216 · fundraising $43,638
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,290,481 · program services $884,156 · management and general $284,241 · fundraising $122,084
-
8 · Pension plan contributions
total $49,911 · program services $33,834 · management and general $11,253 · fundraising $4,824
-
9 · Other employee benefits
total $119,177 · program services $82,598 · management and general $25,508 · fundraising $11,071
-
10 · Payroll taxes
total $136,453 · program services $94,931 · management and general $29,037 · fundraising $12,485
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $375 · management and general $375
-
11c · Fees: accounting
total $24,610 · management and general $24,610
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $189,587 · program services $85,000 · management and general $29,160 · fundraising $75,427
-
12 · Advertising and promotion
total $52,925 · program services $36,820 · management and general $11,262 · fundraising $4,843
-
13 · Office expenses
total $28,107 · program services $19,554 · management and general $5,981 · fundraising $2,572
-
14 · Information technology
total $45,140 · management and general $45,140
-
15 · Royalties
total $0
-
16 · Occupancy
total $28,732 · program services $19,989 · management and general $6,114 · fundraising $2,629
-
17 · Travel
total $31,789 · program services $25,431 · management and general $6,358
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $115,301 · program services $84,779 · management and general $21,344 · fundraising $9,178
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $55,200 · program services $38,403 · management and general $11,746 · fundraising $5,051
-
23 · Insurance
total $41,621 · program services $33,297 · management and general $8,324
-
24a · Other expenses: RENTAL PROPERTY EXPENSES
total $967,326 · program services $967,326
-
24b · Other expenses: OTHER PROGRAM
total $37,673 · program services $37,673
-
24c · Other expenses: STAFF MEETINGS AND TRAINING
total $22,951 · program services $17,408 · management and general $2,613 · fundraising $2,930
-
24d · Other expenses: TELEPHONE AND INTERNET
total $20,438 · program services $14,219 · management and general $4,349 · fundraising $1,870
-
24e · All other expenses
total $31,305 · program services $22,150 · management and general $6,765 · fundraising $2,390
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $535,154
-
2 · Savings and temporary cash investments
beginning of year $6,404,771 · end of year $4,476,436
-
3 · Pledges and grants receivable
beginning of year $326,632 · end of year $206,349
-
4 · Accounts receivable
beginning of year $4,275,521 · end of year $7,518,936
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
beginning of year $795,000 · end of year $2,620,075
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $35,505 · end of year $45,172
-
10a · Land, buildings and equipment: cost or other basis
$3,395,041
-
10b · Land, buildings and equipment: accumulated depreciation
$215,271
-
10c · Land, buildings and equipment, net
beginning of year $1,397,423 · end of year $3,179,770
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $37,581 · end of year $66,423
-
15 · Other assets
beginning of year $40,310,230 · end of year $54,585,926
-
17 · Accounts payable and accrued expenses
beginning of year $295,267 · end of year $419,249
-
19 · Deferred revenue
beginning of year $222,000
-
23 · Secured mortgages and notes payable
beginning of year $7,109,519 · end of year $8,000,640
-
24 · Unsecured notes and loans payable
beginning of year $750,000 · end of year $1,841,793
-
25 · Other liabilities
beginning of year $8,517,321 · end of year $12,749,808
-
27 · Net assets without donor restrictions
beginning of year $36,125,709 · end of year $49,840,459
-
28 · Net assets with donor restrictions
beginning of year $562,847 · end of year $382,292
Mission and programs · 2023
Mission
DEVELOPING AND OPERATING AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES, INCLUDING PERSONS WITH MENTAL ILLNESS
-
DEVELOPING AND OPERATING AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES, INCLUDING PERSONS WITH MENTAL ILLNESS
Expenses $2,877,548 · Revenue $6,442,946
As filed on the 2023 return.
Listed in Part VII
-
Cristian AhumadaCRISTIAN AHUMADA
EXECUTIVE DIRECTOR
- Total calculated
- $248,262
- From this org
- $220,391
- From related orgs
- $0
- Other
- $27,871
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,391
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $27,871
- Filer's total
- $248,262
-
Audrey PetersonAUDREY PETERSON
HOUSING DIRECTOR
- Total calculated
- $148,618
- From this org
- $132,958
- From related orgs
- $0
- Other
- $15,660
- Hours/week
- 40
-
Logan O'PhelanLOGAN O'PHELAN
OPERATIONS MANAGER
- Total calculated
- $127,954
- From this org
- $112,970
- From related orgs
- $0
- Other
- $14,984
- Hours/week
- 40
-
Mark RasmussenMARK RASMUSSEN
President
- Total calculated
- $0
- Hours/week
- 2
-
Michael ShilstoneMICHAEL SHILSTONE
Director
- Total calculated
- $0
- Hours/week
- 1
-
Omar HallOMAR HALL
Director
- Total calculated
- $0
- Hours/week
- 0
-
John MoonJOHN MOON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Maryjane PufferMARYJANE PUFFER
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Matthew HaasMATTHEW HAAS
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Emma ChavezEMMA CHAVEZ
Director
- Total calculated
- $0
- Hours/week
- 1
-
Claudia LimaCLAUDIA LIMA
Director
- Total calculated
- $0
- Hours/week
- 1
-
Victoria Hunt-WeissVICTORIA HUNT-WEISS
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Lynell WashingtonLYNELL WASHINGTON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Aracely OlguinARACELY OLGUIN
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Asdrubal SierraASDRUBAL SIERRA
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Nedda IsmailNEDDA ISMAIL
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle BurtonMICHELLE BURTON
Director
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
BANNING VILLA HOUSING PARTNERS LLC
HOUSING · CA · income $41 · assets $769
-
LANTERN WOODS APTS LLC
HOUSING · CA · income -$278,853 · assets $3,554,679
-
BURLINGTON FAMILY APARTMENTS LLC
HOUSING · CA · income -$31 · assets $1,217
-
HOLT APARTMENTS LLC
HOUSING · CA · income -$77 · assets $1,682
-
IMMANUEL CHURCH LLC
HOUSING · CA · income -$21 · assets $563
-
KING 1101 APARTMENTS LLC
HOUSING · CA · income -$46 · assets $1,438
-
HOUSING · CA · income -$90 · assets $2,511
-
HOUSING · CA · income -$71 · assets $1,984
-
HOUSING · CA · assets $4,033
-
HOUSING · CA · assets $6,380,822
-
HOUSING · CA · assets $4,655
-
HOUSING · CA · assets $3,857
-
HOUSING · CA · assets $1,399,257
-
THE NEST ON JEFFERSON LLC
HOUSING · CA · assets $121
-
8221 LG LLC
HOUSING · CA · assets $8,428,363
-
BELLAMONTES LLC
HOUSING · CA · assets $202,450
-
AVENIDA LLC
HOUSING · CA · income $4,156,859 · assets $34,595,874
-
405 LOMA VERDE LLC
HOUSING · CA · income -$6,480 · assets $1,076,400
-
1408 SUNNYSIDE LLC
HOUSING · CA · income -$5,760 · assets $943,200
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
ELM AVENUE APARTMENTS LP
RELATED · HOUSING · CA · 0.01% owned · share of income -$35 · share of assets $341 · general or managing partner
Directly controlled by NA
-
NOHO SENIOR VILLAS LP
RELATED · HOUSING · CA · 0.007% owned · share of income -$23 · share of assets $847 · general or managing partner
Directly controlled by NA
-
THE COURTYARDS IN LONG BEACH
RELATED · HOUSING · CA · 0.01% owned · share of income -$41 · share of assets $930 · general or managing partner
Directly controlled by NA
-
PRW RESIDENCES LP
RELATED · HOUSING · CA · 0.005% owned · share of income -$24 · share of assets $777 · general or managing partner
Directly controlled by NA
-
BURLINGTON FAMILY HOUSING LP
RELATED · HOUSING · CA · 0.01% owned · share of income -$31 · share of assets $1,217 · general or managing partner
Directly controlled by BURFAM LLC
-
IMMANUEL COMMUNITY HOUSING LP
RELATED · HOUSING · CA · 0.005% owned · share of income -$21 · share of assets $563 · general or managing partner
Directly controlled by IMMCHCH LLC
-
BANNING VILLAS PRESERVATION LP
RELATED · HOUSING · CA · 0.005% owned · share of income $41 · share of assets $769 · general or managing partner
Directly controlled by BANNING LLC
-
HOLT APARTMENTS LP
RELATED · HOUSING · CA · 1% owned · share of income -$77 · share of assets $1,682 · general or managing partner
Directly controlled by HOLT FAM APTS LLC
-
KING 1101 APARTMENTS LP
RELATED · HOUSING · CA · 1% owned · share of income -$46 · share of assets $1,438 · general or managing partner
Directly controlled by KING 1101 APTS LLC
-
VISTAS DEL PUERTO LP
RELATED · HOUSING · CA · 0.01% owned · share of income -$90 · share of assets $2,511 · general or managing partner
Directly controlled by VISTAS DEL PUERTOLLC
-
METAMORPHOSIS ON FOOTHILL LP
RELATED · HOUSING · CA · 0.009% owned · share of income -$71 · share of assets $1,984 · general or managing partner
Directly controlled by META ON FOOTHILL LLC
-
ISLA DE LOS ANGELES LP
RELATED · HOUSING · CA · 0.01% owned · share of assets $4,033 · general or managing partner
Directly controlled by ISLA LA LLC
-
DENALI CBH LP
RELATED · HOUSING · CA · 100% owned · share of assets $6,380,822 · general or managing partner
Directly controlled by DENALI CBH LLC
-
CDV LP
RELATED · HOUSING · CA · 0.01% owned · share of assets $4,655 · general or managing partner
Directly controlled by CDV LLC
-
CDV II LP
RELATED · HOUSING · CA · 0.01% owned · share of assets $3,857 · general or managing partner
Directly controlled by CDV II LLC
-
STEPS AT ST ANDREWS LP
RELATED · HOUSING · CA · 100% owned · share of assets $1,399,257 · general or managing partner
Directly controlled by STEPS AT ST ANDR LLC
-
THE NEST ON JEFFERSON LP
RELATED · HOUSING · CA · 0.01% owned · share of assets $121 · general or managing partner
Directly controlled by THE NEST ON JEFF LLC
-
8221 LG L P
RELATED · HOUSING · CA · 100% owned · share of income $6,183,999 · share of assets $8,428,363 · general or managing partner
Directly controlled by 8221 LG LLC
-
BELLAMONTES LP
RELATED · HOUSING · CA · 100% owned · share of assets $202,450 · general or managing partner
Directly controlled by Bellamontes LLC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413109349303446
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