Form 990 for tax year 2022
Filed by SOUTHERN CALIFORNIA HOUSING DEVELOPMENT CORPORATION OF.
Totals
- Total revenue
- $13,407,588
- Total expenses
- $13,093,618
- Contributions and grants received
- $1,077,635
- Grants paid
- $0
- Program service revenue
- $11,999,035
- Investment income
- $27,566
- Other revenue
- $303,352
- Total assets, end of year
- $45,481,461
- Total liabilities, end of year
- $5,117,966
- Net assets or fund balances, end of year
- $40,363,495
- Program services expenses (Part IX)
- $8,110,260
- Management and general expenses
- $4,983,358
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,110,260
Program services were 61.9% 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.
-
1e · Government grants (contributions)
$1,077,635
-
2a · Program service revenue: RENTAL INCOME
total $11,999,035 · related or exempt $11,999,035
-
3 · Investment income
total $27,566 · excluded $27,566
-
11a · Other revenue: TENANT CHARGES
total $253,499 · related or exempt $253,499
-
11b · Other revenue: LAUNDRY & VENDING
total $49,853 · related or exempt $49,853
-
11e · Other revenue, total
$303,352
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,393,028 · program services $1,393,028
-
10 · Payroll taxes
total $93,058 · program services $93,058
-
11a · Fees: management
total $4,368,480 · management and general $4,368,480
-
11b · Fees: legal
total $19,800 · management and general $19,800
-
11c · Fees: accounting
total $26,400 · management and general $26,400
-
12 · Advertising and promotion
total $27,898 · management and general $27,898
-
13 · Office expenses
total $539,388 · management and general $539,388
-
16 · Occupancy
total $1,203,593 · program services $1,203,593
-
17 · Travel
total $1,392 · management and general $1,392
-
20 · Interest
total $366,692 · program services $366,692
-
22 · Depreciation, depletion and amortization
total $1,629,249 · program services $1,629,249
-
23 · Insurance
total $505,012 · program services $505,012
-
24a · Other expenses: REPAIRS & MAINTENANCE
total $2,589,224 · program services $2,589,224
-
24b · Other expenses: PROPERTY TAXES
total $330,404 · program services $330,404
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,365,469 · end of year $5,222,568
-
2 · Savings and temporary cash investments
beginning of year $7,879,244 · end of year $7,554,372
-
4 · Accounts receivable
beginning of year $950,738 · end of year $979,631
-
9 · Prepaid expenses and deferred charges
beginning of year $43,094 · end of year $64,679
-
10a · Land, buildings and equipment: cost or other basis
$60,968,822
-
10b · Land, buildings and equipment: accumulated depreciation
$29,755,428
-
10c · Land, buildings and equipment, net
beginning of year $31,960,882 · end of year $31,213,394
-
15 · Other assets
beginning of year $0 · end of year $446,817
-
17 · Accounts payable and accrued expenses
beginning of year $491,062 · end of year $256,315
-
19 · Deferred revenue
beginning of year $91,065 · end of year $40,196
-
23 · Secured mortgages and notes payable
beginning of year $5,242,986 · end of year $4,305,662
-
25 · Other liabilities
beginning of year $586,354 · end of year $515,793
-
27 · Net assets without donor restrictions
beginning of year $28,836,478 · end of year $29,150,448
-
28 · Net assets with donor restrictions
beginning of year $11,951,482 · end of year $11,213,047
Mission and programs · 2022
Mission
TO PROVIDE AWARD-WINNING 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 THREE AFFORDABLE HOUSING DEVELOPMENTS IN RANCHO CUCAMONGA, CALIFORNIA.
Expenses $8,110,260 · Revenue $12,302,387
As filed on the 2022 return.
Listed in Part VII
-
Armando Bucelo Jr EsqARMANDO BUCELO JR ESQ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James DcashionJAMES DCASHION
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Gavin Michael ClinghamGAVIN MICHAEL CLINGHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lawrence Van NoyLAWRENCE VAN NOY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Laura Kurtz KuhnsLAURA KURTZ KUHNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Stephen G LarsonSTEPHEN G LARSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Dr Joe ThigpenDR JOE THIGPEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Jeffrey BurumJEFFREY BURUM
CHAIRMAN OF THE BOARD
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Raymond CrebsRAYMOND CREBS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
James PrevitiJAMES PREVITI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alan MollohanALAN MOLLOHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
John BremondJOHN BREMOND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steve PontellSTEVE 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
-
Robert DiazROBERT DIAZ
SECRETARY/GENERAL COUNSEL
- 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
-
Michael FinnMICHAEL 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
-
Michael RuaneMICHAEL RUANE
EXECUTIVE VICE PRESIDENT
- Total calculated
- $324,615
- From this org
- $0
- From related orgs
- $298,615
- Other
- $26,000
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $256,115 related
- Bonus
- $0 + $42,500 related
- Other
- $0
- Deferred
- $0 + $26,000 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $324,615 related
-
Dorrie BryanDORRIE BRYAN
ASSISTANT SECRETARY
- Total calculated
- $217,826
- From this org
- $0
- From related orgs
- $195,399
- Other
- $22,427
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $163,399 related
- Bonus
- $0 + $32,000 related
- Other
- $0
- Deferred
- $0 + $22,427 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $217,826 related
-
Devin WrightDEVIN WRIGHT
ASSISTANT SECRETARY
- Total calculated
- $110,988
- From this org
- $0
- From related orgs
- $110,988
- Other
- $0
- Hours/week
- 2 + 38 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
- 6a · Pay contingent on this organization's net earnings
- 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
- 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 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.
-
501(C)(3) · AFFORDABLE HOUSING · CA
Directly controlled by NCRDC
-
501(C)(3) · AFFORDABLE HOUSING · FL
Directly controlled by NCRDC
-
501(C)(3) · AFFORDABLE HOUSING · FL
Directly controlled by NCRDC
-
501(C)(3) · AFFORDABLE HOUSING · FL
Directly controlled by NCRDC
-
501(C)(3) · AFFORDABLE HOUSING · FL
Directly controlled by NCRDC
-
NATIONAL COMMUNITY RENAISSANCE OF CA
501(C)(3) · AFFORDABLE HOUSING · CA
-
HOPE THROUGH HOUSING FOUNDATION
501(C)(3) · AFFORDABLE HOUSING · CA
-
SAN ANTONIO GATEWAY HOUSING CORP
501(C)(3) · AFFORDABLE HOUSING · CA
-
NATIONAL COMMUNITY RENAISSANCE
501(C)(3) · AFFORDABLE HOUSING · CA
-
SOUTHERN CA AFFORDABLE HOUSING CORP
501(C)(3) · AFFORDABLE HOUSING · CA
-
SOUTHERN CA HOUSING DEV CO OF ORANGE
501(C)(3) · AFFORDABLE HOUSING · CA
-
SOUTHERN CA HOUSING DEV CO OF INLAND EMPIRE
501(C)(3) · AFFORDABLE HOUSING · CA
-
SOUTHERN CA HOUSING DEV CO OF RIVERSIDE
501(C)(3) · AFFORDABLE HOUSING · CA
-
SOUTHERN CA HOUSING DEV CO OF LOS ANGELES
501(C)(3) · AFFORDABLE HOUSING · CA
-
SOUTHERN CA HOUSING DEV CO OF SAN DIEGO
501(C)(3) · AFFORDABLE HOUSING · CA
-
NHDC TEXAS AFFORDABLE HOUSING INC
501(C)(3) · AFFORDABLE HOUSING · CA
-
509(A)(2) · AFFORDABLE HOUSING · CA
-
NATIONAL COMMUNITY RENAISSANCE DEVELOPMENT CORPORATION
501(C)(3) · AFFORDABLE HOUSING · 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.
-
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
AFFORDABLE HOUSING · CA
-
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
-
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 RENTAL HOUSING · CA
-
THE PROMENADE HOUSING PARTNERS LP
AFFORDABLE RENTAL HOUSING · CA
-
VISTA DEL SOL APARTMENTS LP
AFFORDABLE HOUSING · CA
-
RICHMAR STATION SAN MARCOS LP
AFFORDABLE HOUSING · CA
-
CORONA DEL REY HOUSING PARTNERS GP LLC
AFFORDABLE HOUSING · CA
-
VISTA DEL SOL GP LLC
AFFORDABLE HOUSING · CA
-
DAY CREEK SENIOR HOUSING PARTNERS MGP LLC
AFFORDABLE HOUSING · CA
-
LINC-CORE SAN PEDRO LOFTS LP
AFFORDABLE RENTAL HOUSING · CA
-
VIRGINIA HOLT HOUSING LP
AFFORDABLE RENTAL HOUSING · CA
-
NCRC GLENDALE GP LLC
AFFORDABLE RENTAL HOUSING · CA
-
CORE RIALTO METRO SOUTH MGP LLC
AFFORDABLE RENTAL HOUSING · CA
-
THE PROMENADE HOUSING PARTNERS GP LLC
AFFORDABLE RENTAL HOUSING · CA
-
NCRC ONTARIO GP LLC
AFFORDABLE RENTAL HOUSING · CA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312839349302131
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