Form 990 for tax year 2024
Filed by HOUSING SPONSORSHIP CORPORATION.
Totals
- Total revenue
- $928,115
- Total expenses
- $46,687
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $467,817
- Investment income
- $460,298
- Other revenue
- $0
- Total assets, end of year
- $29,634,924
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $29,634,924
- Program services expenses (Part IX)
- $14,415
- Management and general expenses
- $32,272
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $14,415
Program services were 30.9% 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.
-
2a · Program service revenue: Program Revenue
total $467,817 · related or exempt $467,817
-
3 · Investment income
total $460,298 · excluded $460,298
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $10,650 · management and general $10,650
-
11g · Fees: other
total $23,168 · program services $9,267 · management and general $13,901
-
13 · Office expenses
total $797 · program services $319 · management and general $478
-
22 · Depreciation, depletion and amortization
total $397 · program services $159 · management and general $238
-
23 · Insurance
total $6,650 · program services $2,660 · management and general $3,990
-
24a · Other expenses: Other Expenses
total $5,000 · program services $2,000 · management and general $3,000
-
24b · Other expenses: Dues/Fees/Subscription
total $25 · program services $10 · management and general $15
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,100,315 · end of year $196,149
-
2 · Savings and temporary cash investments
beginning of year $14,166,074 · end of year $16,314,989
-
7 · Other notes and loans receivable
beginning of year $13,068,230 · end of year $13,068,230
-
10a · Land, buildings and equipment: cost or other basis
$2,010
-
10b · Land, buildings and equipment: accumulated depreciation
$2,010
-
10c · Land, buildings and equipment, net
beginning of year $180 · end of year $0
-
13 · Investments: program-related
end of year $20,000
-
15 · Other assets
beginning of year $1,235,147 · end of year $35,556
-
29 · Capital stock, trust principal or current funds
beginning of year $1,271,900 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $28,298,046 · end of year $29,634,924
Mission and programs · 2024
Mission
The specific and primary purposes are to provide, on a non-profit basis, housing for low and moderate income families and individuals who are elderly, handicapped, displaced from urban renewal areas, or as a result of governmental action, victims of natural disasters, or occupants of substandard housing, where no adequate housing exists for such groups, pursuant to the National Housing Act, as amended.
Activities or mission (Part I)
UB of C&J 925 Housing Sponsorship Corporation holds assets entrusted to the United Brotherhood of Carpenters and Joiners of America, Local 925.
-
Legal title to all assets are held by the United Brotherhood of Carpenters and Joiners of America, Local 925, Housing Sponsorship Corporation, a nonprofit corporation (the organization). The organization holds a note receivable, among other assets, in connection with the sale of real estate property to Gabilan Plaza 3 LP, a related partnership, the interest proceeds of which benefit the United Brotherhood of Carpenters and Joiners of America, Local 925. The organization makes efforts to provide housing for low and moderate income families and individuals who are elderly, handicapped, displaced from urban renewal areas, or as a result of further issues. The related corporation, Gabilan III Housing Sponsorship LLC, a wholly owned subsidiary of the organization, receives rental income earned by the real estate held at Gabilan Plaza 3, LP.
Expenses $14,415 · Revenue $467,817
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Pabla Sanchez
President (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
John Belperio
President (Beg Aug 2024)
- Total calculated
- $327,199
- From this org
- $0
- From related orgs
- $218,261
- Other
- $108,938
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $218,261 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $86,875 related
- Nontaxable benefits
- $0 + $22,063 related
- Filer's total
- $0 + $327,199 related
-
Doug Chesshire
Vice President (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Chris Pedroza
Vice President (Beg Aug 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Andrew Rojas
Rec Secretary (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Tony Uzzle
Treasurer (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Jay Bradshaw
Secretary/Treasurer (Beg Aug 2024)
- Total calculated
- $481,438
- From this org
- $0
- From related orgs
- $341,020
- Other
- $140,418
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $341,020 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $118,355 related
- Nontaxable benefits
- $0 + $22,063 related
- Filer's total
- $0 + $481,438 related
-
Griselda Barajas-Delgado
Conductor (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
George Merchant
Warden (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Craig Aquilina
Director (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Juan Mendoza Cruz
Director (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Ingacio Ramirez
Director (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
-
Lloyd Reber
Director (Beg Aug 2024)
- Total calculated
- $8,510
- From this org
- $0
- From related orgs
- $6,543
- Other
- $1,967
- Hours/week
- 1
-
Jacob Adiarte
Director (Beg Aug 2024)
- Total calculated
- $322,199
- From this org
- $0
- From related orgs
- $213,261
- Other
- $108,938
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $213,261 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $86,875 related
- Nontaxable benefits
- $0 + $22,063 related
- Filer's total
- $0 + $322,199 related
-
Leonard Bria
Director (Beg Aug 2024)
- Total calculated
- $14,907
- From this org
- $0
- From related orgs
- $10,678
- Other
- $4,229
- Hours/week
- 1
-
Dan McCulloch
Director (Beg Aug 2024)
- Total calculated
- $284,507
- From this org
- $0
- From related orgs
- $184,107
- Other
- $100,400
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $184,107 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $78,337 related
- Nontaxable benefits
- $0 + $22,063 related
- Filer's total
- $0 + $284,507 related
-
Arturo Rodriguez
Director (Beg Aug 2024)
- Total calculated
- $284,507
- From this org
- $0
- From related orgs
- $184,107
- Other
- $100,400
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $184,107 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $78,337 related
- Nontaxable benefits
- $0 + $22,063 related
- Filer's total
- $0 + $284,507 related
-
Michael Esparza
Director (Beg Aug 2024)
- Total calculated
- $9,084
- From this org
- $0
- From related orgs
- $6,508
- Other
- $2,576
- Hours/week
- 1
-
Jay Howard
Director (Beg Aug 2024)
- Total calculated
- $9,938
- From this org
- $0
- From related orgs
- $7,119
- Other
- $2,819
- Hours/week
- 1
-
Lisa Tramonte
Director (Beg Aug 2024)
- Total calculated
- $9,938
- From this org
- $0
- From related orgs
- $7,119
- Other
- $2,819
- Hours/week
- 1
-
John Anzini
Operations Manager (Until July 2024)
- Total calculated
- $0
- Hours/week
- 1
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
None.
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.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Northern California Carpenters Regional Council
501(c)(5) · Labor Union · CA
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.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
Gabilan Plaza 3 LP
Low income Housing · CA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Gabilan III Housing Sponsorship LLC
C · Low Income Housing · CA · 100% owned · share of income $59,559 · share of assets $3,334
Directly controlled by UB of C & J 925 Housing Sponsors
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202631039349300943
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