Skip to content
Nonprofiteer
← NHDC LA POSADA DEL REY APARTMENTS INC

Form 990 for tax year 2022

Filed by NHDC LA POSADA DEL REY APARTMENTS INC.

Totals

Total revenue
$10,879
Total expenses
$2,322
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$10,879
Investment income
$0
Other revenue
$0
Total assets, end of year
$17,663
Total liabilities, end of year
$23,142
Net assets or fund balances, end of year
-$5,479
Program services expenses (Part IX)
$2,322
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$2,322

Program services were 100.0% 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.

  • 2a · Program service revenue: MANAGEMENT FEE REVENUE

    total $10,879 · related or exempt $10,879

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $2,250 · program services $2,250

  • 24a · Other expenses: FLOW THROUGH LOSSES

    total $47 · program services $47

  • 24b · Other expenses: FILING FEES

    total $25 · program services $25

Balance sheet

Part X, book values.

  • 15 · Other assets

    beginning of year $17,718 · end of year $17,663

  • 25 · Other liabilities

    beginning of year $31,754 · end of year $23,142

  • 27 · Net assets without donor restrictions

    beginning of year -$14,036 · end of year -$5,479

Mission and programs · 2022

Mission

TO PROVIDE AWARD-WINNING AFFORDABLE HOUSING PAIRED WITH BEST-PRACTICE SOCIAL SERVICE PROGRAMS TAILORED TO HELP FAMILIES MOVE TOWARD SELF-SUFFICIENCY AND ULTIMATELY TO HOME OWNERSHIP.

Activities or mission (Part I)

PROVIDING AFFORDABLE RENTAL HOUSING THAT EMPOWERS LOW-INCOME RESIDENTS AND CHANGES COMMUNITIES.

  • IMPROVING THE QUALITY OF LIFE FOR LOW-INCOME FAMILIES BY STABILIZING AND REVITALIZING NEIGHBORHOODS VIA ACQUISITION, RENOVATION, AND MANAGEMENT OF AN AFFORDABLE HOUSING DEVELOPMENT IN SAN ANTONIO, TEXAS.

    Expenses $2,322 · Revenue $10,879

As filed on the 2022 return.

Listed in Part VII

  • Steve Pontell

    CEO/PRESIDENT

    Total calculated
    $565,074
    From this org
    $0
    From related orgs
    $538,074
    Other
    $27,000
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $496,324 related
    Bonus
    $0 + $41,750 related
    Other
    $0
    Deferred
    $0 + $27,000 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $565,074 related

  • Michael Finn

    CFO

    Total calculated
    $290,791
    From this org
    $0
    From related orgs
    $269,214
    Other
    $21,577
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $240,214 related
    Bonus
    $0 + $29,000 related
    Other
    $0
    Deferred
    $0 + $21,577 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $290,791 related

  • Robert Diaz

    GENERAL COUNSEL/SECRETARY

    Total calculated
    $248,400
    From this org
    $0
    From related orgs
    $231,150
    Other
    $17,250
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $204,350 related
    Bonus
    $0 + $26,800 related
    Other
    $0
    Deferred
    $0 + $17,250 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $248,400 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, 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

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Written employment contract
  • 6b · Pay contingent on a related organization's net earnings

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 1A
THE BOXES CHECKED IN 1(A) OF PART I WERE PROVIDED BY RELATED ORGANIZATIONS. ALL BOARD MEMBERS OF RELATED ORGANIZATIONS ARE COMPENSATED BY A RELATED ORGANIZATION FOR COMMERCIAL AIRLINE TRAVEL AND TRAVEL FOR COMPANIONS.
PART I, LINE 3
A RELATED ORGANIZATION USES A WRITTEN EMPLOYMENT CONTRACT IN ESTABLISHING THE COMPENSATION OF THE EXECUTIVE DIRECTOR.
PART I, LINE 6
CEO BONUS

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.

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.

  • ANF FAMILY PARTNERS LP

    AFFORDABLE HOUSING · CA

  • ANF FAMILY PARTNERS II LP

    AFFORDABLE HOUSING · CA

  • AUTUMN RIDGE APARTMENTS LP

    AFFORDABLE HOUSING · CA

  • AVENIDA SERRA HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • BELL GARDENS HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • BELL HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • BOLT HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • CATHEDRAL FAMILY HOUSING LP

    AFFORDABLE HOUSING · CA

  • CG AFFORDABLE HOUSING PARTNERS LLC

    AFFORDABLE HOUSING · IL

  • CITRUS GROVE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • COPPER HILLS APARTMENTS LP

    AFFORDABLE HOUSING · CA

  • CORONA DE ORO LTD

    AFFORDABLE HOUSING · CA

  • COURSON SENIOR PARTNERS LP

    AFFORDABLE HOUSING · CA

  • DESERT MEADOWS HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • DOWNEY HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • DREAM HOMES HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • EAGLE ROCK SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • EAST RANCHO VERDE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • EMI PARTNERS LP

    AFFORDABLE HOUSING · CA

  • ESCONDIDO HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • ESCONDIDO SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • EXECUTIVE LODGE APARTMENTS LP

    AFFORDABLE HOUSING · CA

  • FONTANA HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • FONTANA II HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • FONTANA III HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • FONTANA IV HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • HERMOSA VILLAGE PHASE I HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • HB HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • INLAND VALLEY HOUSING PARTNERS LP (WILLOWS)

    AFFORDABLE HOUSING · CA

  • KEN TAL SENIOR APTS LP - TALMAGE

    AFFORDABLE HOUSING · CA

  • LA POSADA 1968 LLC

    RELATED · AFFORDABLE HOUSING · TX · 0.01% owned · share of income -$47 · share of assets $17,539 · general or managing partner

    Directly controlled by NHDC LA POSADA DEL REY APARTMENTS INC

  • MALVERN HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • MILLS FAMILY HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • MISSION COVE FAMILY II HOUSING LP

    AFFORDABLE HOUSING · CA

  • MISSION VILLAGE SENIOR LP

    AFFORDABLE HOUSING · CA

  • MONTCLAIR FAMILY HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • MONTCLAIR SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • NEWHALL AVENUE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • MISSION COVE FAMILY I MGP LLC

    AFFORDABLE HOUSING · CA

  • NATIONAL CORE NEWHALL AVENUE HOUSING MGP LLC

    AFFORDABLE HOUSING · CA

  • NHDC CALIFORNIA INVESTMENT POOL LLC

    AFFORDABLE HOUSING · CA

  • NHDC LEXINGTON LIMITED PARTNER LLC

    AFFORDABLE HOUSING · TX

  • NHDC LEXINGTON SQUARE APARTMENTS LP

    AFFORDABLE HOUSING · TX

  • NHDC TRES LOMAS

    AFFORDABLE HOUSING · CA

  • NORMANDIE SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • OCEANSIDE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • OCEANSIDE SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • NHDC OUR WAY LP

    AFFORDABLE HOUSING · CA

  • PALMDALE SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • RANCHO WORKFORCE HOUSING LP

    AFFORDABLE HOUSING · CA

  • RENAISSANCE VILLAGE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • RIALTO HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • RICHMAR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • RIVERSIDE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • RV HOUSING PARTNERS GP LLC

    AFFORDABLE HOUSING · CA

  • SAN MARCOS HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • SANTA FE SPRINGS HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • SANTEE APARTMENTS LP

    AFFORDABLE HOUSING · CA

  • SAVI RANCH HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • SAVI RANCH II HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • SOUTH PACE GP LLC

    AFFORDABLE HOUSING · CA

  • SPRING VALLEY HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • VISTA DEL SOL GP LLC

    AFFORDABLE HOUSING · CA

  • UC HOUSING PARTNERS LP (MELROSE VILLAS)

    AFFORDABLE HOUSING · CA

  • VAL 9 HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • VICTORVILLE HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • VILLA SERENA APARTMENTS LP

    AFFORDABLE HOUSING · CA

  • VISTA DEL PUENTE LP

    AFFORDABLE HOUSING · CA

  • VISTA DUNES GP LLC

    AFFORDABLE HOUSING · CA

  • VISTA DUNES HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • VISTA TERRAZA HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • WATERMAN GARDENS PARTNER I LP

    AFFORDABLE HOUSING · CA

  • WEST MISSION PARTNERS LLC

    AFFORDABLE HOUSING · CA

  • WESTLAKE VILLAGE HOUSING PARTNERS

    AFFORDABLE HOUSING · CA

  • WOODS FAMILY HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • YORBA LINDA HOUSING PARTNERS

    AFFORDABLE HOUSING · CA

  • YUCCA VALLEY SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • DAY CREEK SENIOR HOUSING PARTNERS LP

    AFFORDABLE HOUSING · CA

  • OAKCREST HEIGHTS MGP LLC

    AFFORDABLE HOUSING · CA

  • ARBOR VILLAS APARTMENTS LLC

    AFFORDABLE HOUSING · CA

  • THE PROMENADE HOUSING PARTNERS LP

    AFFORDABLE RENTAL HOUSING · CA

  • VISTA DEL SOL APARTMENTS LP

    AFFORDABLE RENTAL HOUSING · CA

  • THE PROMENADE HOUSING PARTNERS GP LLC

    AFFORDABLE RENTAL HOUSING · CA

  • NCRC GLENDALE GP LLC

    AFFORDABLE RENTAL HOUSING · CA

  • CORE RIALTO METRO SOUTH MGP LLC

    AFFORDABLE RENTAL HOUSING · CA

  • NCRC ONTARIO GP LC

    AFFORDABLE HOUSING · CA

  • VIRGINIA HOLT HOUSING LP

    AFFORDABLE HOUSING · CA

  • LINC-CORE SAN PEDRO LOFTS LP

    AFFORDABLE HOUSING · CA

  • RICHMAR STATION SAN MARCOS LP

    AFFORDABLE HOUSING · CA

  • CORONA DEL REY HOUSING PARTNERS GP LLC

    AFFORDABLE HOUSING · CA

Provenance

Return type
form_990
Tax year
2022
Filed
29 August 2023
IRS schema version
2022v5.0
Source object
202302419349300445

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.