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← C A R HOUSING AFFORDABILITY FUND

Form 990 for tax year 2024

Filed by C A R HOUSING AFFORDABILITY FUND.

Totals

Total revenue
$1,409,548
Total expenses
$1,206,548
Contributions and grants received
$1,380,650
Grants paid
$1,080,000
Program services expenses (Part IX)
$1,080,000
Management and general expenses
$126,548
Fundraising expenses
$0
Program service expenses (Part III)
$1,080,000

Program services were 89.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • FRANK OTI

    CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • DITAS YAMANE

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • VICTORIA COPELAND

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.5

  • SHAUNA LOVE

    ASSN. EXEC. (VOTING)

    Total calculated
    $0
    Hours/week
    2.5

  • NILA ALVIDREZ-ESPOSITO

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • KEVIN BIRMINGHAM

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • ARLENE BYERLY

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • DERIK DAMI

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • MICHAEL DELEON

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • NATALIE GARRICK

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • SHER HEARD

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • CAROL M LUCKENBACH

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • SUSAN MARSHALL

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • TAFFY MAURER

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • TERESA MOLINA

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • JANINE NIELSEN

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • DAVID SCHUBB

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • LEHEL SZUCS

    MEMBER

    Total calculated
    $0
    Hours/week
    2.5

  • IQBAL BHOLAT

    TREASURER

    Total calculated
    $323,203
    From this org
    $0
    From related orgs
    $266,638
    Other
    $56,565
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $230,182 related
    Bonus
    $0 + $29,009 related
    Other
    $0 + $7,447 related
    Deferred
    $0 + $40,763 related
    Nontaxable benefits
    $0 + $15,802 related
    Filer's total
    $0 + $323,203 related

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 — 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

The filer's explanations (Part III)

PART I LINE 3
THE ORGANIZATION PAYS NO COMPENSATION TO ANY OF IT BOARD OR OFFICERS. ALL COMPENSATION REPORTED IN FORM 990, PART VII, SECTION A IS PAID BY A RELATED ORGANIZATIONS, CALIFORNIA ASSOCIATION OF REALTORS, FOR SERVICES PROVIDED TO CALIFORNIA ASSOCIATION OF REALTORS.

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

  • NEIGHBORHOOD PARTNERSHIP HOUSING SERVICE

    $1,000,000

    HELPS FIRST-TIME HOMEBUYERS WHO ARE MEMBERS OF AN "UNDERSERVED COMMUNITY*" BRIDGE THE AFFORDABILITY GAP BY PROVIDING THEM WITH UP TO $10,000 IN CLOSING COST ASSISTANCE. EACH GRANT IS PROVIDED TO LOW-TO-MODERATE INCOME (120% AMI AND BELOW) FIRST-TIME HOMEBUYERS WHO UTILIZE THE SERVICES OF A CA REALTOR.

  • SANTA CLARA COUNTY AOR

    $50,000

    FIRST TIME BUYERS DOWN PAYMENT ASSISTANCE PROGRAM FOR THE UNDERSERVED COMMUNITY TO ASSIST (10) HOUSEHOLDS WITH UP TO $10,000 IN DOWN PAYMENT ASSISTANCE FUNDS.

  • SAN LUIS OBISPO AOR

    $30,000

    FIRST TIME HOME BUYER GRANT PROGRAM" OFFERS $3,000 GRANTS TO (20) FIRST-TIME HOME BUYERS WHO ARE PURCHASING PROPERTY IN SAN LUIS OBISPO COASTAL COUNTY.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
24 October 2025
IRS schema version
2024v5.2
Source object
202542989349300609

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