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← CALIFORNIA HOUSING PARTNERSHIP

Form 990 for tax year 2024

Filed by CALIFORNIA HOUSING PARTNERSHIP.

Totals

Total revenue
$10,788,934
Total expenses
$9,610,994
Contributions and grants received
$2,469,703
Grants paid
$0
Program service revenue
$8,180,551
Investment income
$111,522
Other revenue
$27,158
Total assets, end of year
$9,307,627
Total liabilities, end of year
$1,640,861
Net assets or fund balances, end of year
$7,666,766
Program services expenses (Part IX)
$8,551,545
Management and general expenses
$949,446
Fundraising expenses
$110,003
Program service expenses (Part III)
$8,551,545

Program services were 89.0% 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.

  • 1f · All other contributions, gifts and grants

    $2,469,703

  • 2a · Program service revenue: Professional consulting

    total $7,031,099 · related or exempt $7,031,099

  • 2b · Program service revenue: Technical assistance

    total $1,149,452 · related or exempt $1,149,452

  • 3 · Investment income

    total $111,522 · excluded $111,522

  • 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

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: Other Income

    total $22,235 · related or exempt $22,235

  • 11b · Other revenue: Subtlet rental income

    total $4,923 · related or exempt $4,923

  • 11e · Other revenue, total

    $27,158

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 $5,249,835 · program services $4,759,297 · management and general $422,429 · fundraising $68,109

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,846,867 · program services $1,674,298 · management and general $148,609 · fundraising $23,960

  • 8 · Pension plan contributions

    total $279,174 · program services $253,016 · management and general $22,529 · fundraising $3,629

  • 9 · Other employee benefits

    total $731,315 · program services $577,331 · management and general $153,984

  • 10 · Payroll taxes

    total $502,465 · program services $455,447 · management and general $40,495 · fundraising $6,523

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $3,015 · management and general $3,015

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $275,180 · program services $234,543 · management and general $40,060 · fundraising $577

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $66,205 · program services $57,706 · management and general $7,633 · fundraising $866

  • 14 · Information technology

    total $123,557 · program services $105,550 · management and general $16,557 · fundraising $1,450

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $189,647 · program services $172,582 · management and general $14,837 · fundraising $2,228

  • 17 · Travel

    total $49,270 · program services $39,990 · management and general $8,881 · fundraising $399

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $117,972 · program services $96,368 · management and general $20,779 · fundraising $825

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $35,708 · program services $32,363 · management and general $2,883 · fundraising $462

  • 23 · Insurance

    total $65,059 · program services $45,111 · management and general $19,345 · fundraising $603

  • 24a · Other expenses: Membership and support

    total $75,725 · program services $47,943 · management and general $27,410 · fundraising $372

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,703,800 · end of year $695,343

  • 2 · Savings and temporary cash investments

    beginning of year $2,471 · end of year $2,471

  • 3 · Pledges and grants receivable

    beginning of year $220,000 · end of year $220,000

  • 4 · Accounts receivable

    beginning of year $1,555,144 · end of year $1,321,625

  • 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

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $52,926 · end of year $107,346

  • 10a · Land, buildings and equipment: cost or other basis

    $47,953

  • 10b · Land, buildings and equipment: accumulated depreciation

    $39,136

  • 10c · Land, buildings and equipment, net

    beginning of year $16,771 · end of year $8,817

  • 11 · Investments: publicly traded securities

    beginning of year $3,308,151 · end of year $4,669,811

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    beginning of year $27,754 · end of year $0

  • 15 · Other assets

    beginning of year $1,783,011 · end of year $2,282,214

  • 17 · Accounts payable and accrued expenses

    beginning of year $354,856 · end of year $396,529

  • 18 · Grants payable

    beginning of year $744,792

  • 19 · Deferred revenue

    beginning of year $119,802 · end of year $10,943

  • 25 · Other liabilities

    beginning of year $1,011,890 · end of year $1,233,389

  • 27 · Net assets without donor restrictions

    beginning of year $5,505,772 · end of year $6,604,301

  • 28 · Net assets with donor restrictions

    beginning of year $932,916 · end of year $1,062,465

Mission and programs · 2024

Mission

The California Housing Partnership Corporation creates and preserves affordable and sustainable homes for Californians with low incomes by providing expert financial and policy solutions to nonprofit and public partners.

  • The Partnership provided technical assistance to 26 of our public and private nonprofit organization partners on the construction and financing of 3,884 affordable and sustainable homes throughout California in 2024. We also trained more than 5,300 affordable housing professionals across California in 2024 through expansion of our online and in-person training programs.

    Expenses $8,551,545 · Revenue $8,180,551

  • The Partnership's policy and research program provided technical assistance, training, and education related to the preservation and production of affordable housing in California. In 2024, these efforts included expanding our preservation efforts by examining naturally occurring affordable housing (NOAH) in California and the potential risks factors related to NOAH properties losing their affordability for low-income Californians. We continued to expanded use and outreach for our online research tools by updating the tools and providing trainings/webinars for various partner organizations. Lastly, we entered the third year of our university-level fellowship program geared towards improving access and mentoring opportunities for racial/ethnic minorities in the affordable housing policy and research field, having hosted eleven fellows in the three years.

  • The sustainable housing team implemented four major clean energy incentive programs, provided technical support to nonprofit housing providers to help them and the low-income residents they serve access clean energy funding resources, and advocated for increased funding to reduce greenhouse gas emissions in affordable housing throughout California.

As filed on the 2024 return.

Listed in Part VII

  • Matthew Schwartz

    President & CEO

    Total calculated
    $341,784
    From this org
    $288,417
    From related orgs
    $0
    Other
    $53,367
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,417
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,913
    Nontaxable benefits
    $39,454
    Filer's total
    $341,784

  • Richard Mandel

    Managing Dir. Financial Consulting

    Total calculated
    $307,005
    From this org
    $253,034
    From related orgs
    $0
    Other
    $53,971
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,034
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,078
    Nontaxable benefits
    $40,893
    Filer's total
    $307,005

  • Paul Beesemyer

    Managing Dir. Financial Consulting

    Total calculated
    $291,330
    From this org
    $261,288
    From related orgs
    $0
    Other
    $30,042
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,288
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,001
    Nontaxable benefits
    $17,041
    Filer's total
    $291,330

  • Laura Kobler

    Senior Dir. Financial Consulting

    Total calculated
    $276,923
    From this org
    $230,425
    From related orgs
    $0
    Other
    $46,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,425
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,614
    Nontaxable benefits
    $34,884
    Filer's total
    $276,923

  • Diep Do

    Managing Dir. Financial Consulting

    Total calculated
    $272,594
    From this org
    $228,465
    From related orgs
    $0
    Other
    $44,129
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $228,465
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,550
    Nontaxable benefits
    $32,579
    Filer's total
    $272,594

  • Margaret MCGraw-Scherer

    Senior Dir. Financial Consulting

    Total calculated
    $268,068
    From this org
    $217,884
    From related orgs
    $0
    Other
    $50,184
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $217,884
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,057
    Nontaxable benefits
    $39,127
    Filer's total
    $268,068

  • David Kiddoo

    Senior Dir. Financial Consulting

    Total calculated
    $253,650
    From this org
    $223,159
    From related orgs
    $0
    Other
    $30,491
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,159
    Bonus
    not reported
    Other
    not reported
    Deferred
    $11,614
    Nontaxable benefits
    $18,877
    Filer's total
    $253,650

  • Lauren Maddock

    Senior Dir. Financial Consulting

    Total calculated
    $244,438
    From this org
    $202,278
    From related orgs
    $0
    Other
    $42,160
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,278
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,400
    Nontaxable benefits
    $31,760
    Filer's total
    $244,438

  • Nicole Aispuro

    Senior Director, Financial Consulti

    Total calculated
    $244,017
    From this org
    $199,296
    From related orgs
    $0
    Other
    $44,721
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,296
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,313
    Nontaxable benefits
    $34,408
    Filer's total
    $244,017

  • Zorica Stancevic

    Senior Dir. Financial Consulting

    Total calculated
    $242,824
    From this org
    $199,338
    From related orgs
    $0
    Other
    $43,486
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,338
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,133
    Nontaxable benefits
    $33,353
    Filer's total
    $242,824

  • Sherin Bennett

    Director Financial Consulting

    Total calculated
    $220,739
    From this org
    $197,952
    From related orgs
    $0
    Other
    $22,787
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $197,952
    Bonus
    not reported
    Other
    not reported
    Deferred
    $9,823
    Nontaxable benefits
    $12,964
    Filer's total
    $220,739

  • Mark Stivers

    Dir. of Legislative, Regulatory

    Total calculated
    $216,883
    From this org
    $193,406
    From related orgs
    $0
    Other
    $23,477
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,406
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,290
    Nontaxable benefits
    $15,187
    Filer's total
    $216,883

  • Thai-An Ngo

    Senior Financial Consultant

    Total calculated
    $207,042
    From this org
    $161,730
    From related orgs
    $0
    Other
    $45,312
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,730
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,476
    Nontaxable benefits
    $37,836
    Filer's total
    $207,042

  • Chad Horsford

    Assoc. Dir. Financial Consulting

    Total calculated
    $202,401
    From this org
    $175,466
    From related orgs
    $0
    Other
    $26,935
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $175,466
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,768
    Nontaxable benefits
    $18,167
    Filer's total
    $202,401

  • Anthony Vega

    Managing Director - Research

    Total calculated
    $197,041
    From this org
    $185,793
    From related orgs
    $0
    Other
    $11,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,793
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,897
    Nontaxable benefits
    $5,351
    Filer's total
    $197,041

  • Michelle E Coulter

    Assoc. Dir. Financial Consulting

    Total calculated
    $196,508
    From this org
    $181,472
    From related orgs
    $0
    Other
    $15,036
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,472
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,104
    Nontaxable benefits
    $6,932
    Filer's total
    $196,508

  • Jesse Ozanian

    Senior Financial Consultant

    Total calculated
    $194,742
    From this org
    $156,498
    From related orgs
    $0
    Other
    $38,244
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,498
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,241
    Nontaxable benefits
    $34,003
    Filer's total
    $194,742

  • Benjamin Creed

    Senior Financial Consultant

    Total calculated
    $190,494
    From this org
    $153,819
    From related orgs
    $0
    Other
    $36,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,819
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,044
    Nontaxable benefits
    $28,631
    Filer's total
    $190,494

  • Aditya Potluri

    Senior Financial Consultant

    Total calculated
    $185,447
    From this org
    $162,885
    From related orgs
    $0
    Other
    $22,562
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,885
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,941
    Nontaxable benefits
    $14,621
    Filer's total
    $185,447

  • Blanca De La Cruz

    Managing Dir. Sustainable Housing

    Total calculated
    $184,685
    From this org
    $162,639
    From related orgs
    $0
    Other
    $22,046
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,639
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,069
    Nontaxable benefits
    $13,977
    Filer's total
    $184,685

  • Amanda Isbell

    Managing Dir. Ops

    Total calculated
    $176,638
    From this org
    $143,833
    From related orgs
    $0
    Other
    $32,805
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,833
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,374
    Nontaxable benefits
    $25,431
    Filer's total
    $176,638

  • Genise Choy

    Senior Financial Consultant, Financ

    Total calculated
    $175,647
    From this org
    $159,784
    From related orgs
    $0
    Other
    $15,863
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,784
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,337
    Nontaxable benefits
    $9,526
    Filer's total
    $175,647

  • Daniel Rinzler

    Assoc Research Dir

    Total calculated
    $169,680
    From this org
    $148,074
    From related orgs
    $0
    Other
    $21,606
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,074
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,372
    Nontaxable benefits
    $14,234
    Filer's total
    $169,680

  • Tony Kouot

    Senior Financial Consultant, Financ

    Total calculated
    $169,461
    From this org
    $151,391
    From related orgs
    $0
    Other
    $18,070
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,391
    Bonus
    not reported
    Other
    not reported
    Deferred
    $4,500
    Nontaxable benefits
    $13,570
    Filer's total
    $169,461

  • Adriene Gemheart

    Snr. Financial Con

    Total calculated
    $166,666
    From this org
    $129,442
    From related orgs
    $0
    Other
    $37,224
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,442
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,068
    Nontaxable benefits
    $32,156
    Filer's total
    $166,666

  • Meagan M Tokunaga Block

    Senior Financial Consultant, Financ

    Total calculated
    $166,112
    From this org
    $151,500
    From related orgs
    $0
    Other
    $14,612
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,500
    Bonus
    not reported
    Other
    not reported
    Deferred
    $5,125
    Nontaxable benefits
    $9,487
    Filer's total
    $166,112

  • Jennifer Fleming

    Financial Consult

    Total calculated
    $157,345
    From this org
    $140,140
    From related orgs
    $0
    Other
    $17,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,140
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,096
    Nontaxable benefits
    $14,109
    Filer's total
    $157,345

  • Danielle Mazzella

    Assoc. Research

    Total calculated
    $151,255
    From this org
    $133,595
    From related orgs
    $0
    Other
    $17,660
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,595
    Bonus
    not reported
    Other
    not reported
    Deferred
    $6,613
    Nontaxable benefits
    $11,047
    Filer's total
    $151,255

  • Adhi Nagraj

    Board Chair

    Total calculated
    $0
    Hours/week
    1

  • Porsche Middleton

    Vice Chair

    Total calculated
    $0
    Hours/week
    1

  • Rebecca Foster

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Sochiata Vutthy

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Nikki Beasley

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Azalia Gmez-Camacho

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Dave Rand

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Gustavo Velaquez

    Board Member

    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

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 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.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202533159349306618

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