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Nonprofiteer
← HHP CAPITAL INC

Form 990 for tax year 2023

Filed by HHP CAPITAL INC.

Totals

Total revenue
$80,023
Total expenses
$104,280
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$80,023
Other revenue
$0
Total assets, end of year
$14,472,071
Total liabilities, end of year
$1,300,000
Net assets or fund balances, end of year
$13,172,071
Program services expenses (Part IX)
$83,820
Management and general expenses
$20,460
Fundraising expenses
$0
Program service expenses (Part III)
$83,820

Program services were 80.4% 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.

  • 3 · Investment income

    total $80,023 · excluded $80,023

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $81,840 · program services $65,472 · management and general $16,368

  • 11g · Fees: other

    total $22,370 · program services $18,278 · management and general $4,092

  • 13 · Office expenses

    total $20 · program services $20

  • 24a · Other expenses: LICENSES & PERMITS

    total $50 · program services $50

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,647 · end of year $8,390

  • 4 · Accounts receivable

    beginning of year $57,155 · end of year $37,155

  • 7 · Other notes and loans receivable

    beginning of year $14,425,526 · end of year $14,426,526

  • 23 · Secured mortgages and notes payable

    beginning of year $1,300,000 · end of year $1,300,000

  • 27 · Net assets without donor restrictions

    beginning of year $13,196,328 · end of year $13,172,071

Mission and programs · 2023

Mission

NONE

Activities or mission (Part I)

THE SPECIFIC PURPOSE OF THE CORPORATION IS TO PERFORM THE CHARITABLE FUNCTIONS OF, CARRY OUT THE CHARITABLE PURPOSES OF, AND TO OTHERWISE SUPPORT HERITAGE HOUSING PARTNERS, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.

  • THE ORGANIZATION SOLELY PERFORMS FUNCTIONS OF, CARRIES OUT THE CHARITABLE PURPOSES OF, AND OTHERWISE SUPPORTS HERITAGE HOUSING PARTNERS, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.

    Expenses $83,820

As filed on the 2023 return.

Listed in Part VII

  • Charles E Loveman Jr

    PRESIDENT

    Total calculated
    $219,357
    From this org
    $0
    From related orgs
    $215,157
    Other
    $4,200
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,657 related
    Bonus
    $0 + $12,500 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $4,200 related
    Filer's total
    $0 + $219,357 related

  • David Rodriguez

    CFO

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Andrew Oliver

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
10 October 2024
IRS schema version
2023v5.1
Source object
202422919349301632

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