C A R HOUSING AFFORDABILITY FUND

As filed

Subsection

03

NTEE code

L99

Classification

1200

Street

915 L ST STE 1460

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE C.A.R. HOUSING AFFORDABILITY FUND MADE GRANTS TOTALING $1,080,000 TO SUPPORT LOCAL ASSOCIATIONS' EFFORTS TO INCREASE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES IN THEIR LOCAL COMMUNITIES AND PROVIDE CLOSING COSTS ASSISTANCE TO QUALIFIED FIRST-TIME CALIFORNIA HOMEBUYERS.GRANTS TO ORGANIZATIONS=====================DURING 2024, C.A.R. HOUSING AFFORDABILITY FUND MADE GRANTS TOTALING $80,000 TO SUPPORT LOCAL ASSOCIATIONS' EFFORTS TO INCREASE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES IN THEIR LOCAL COMMUNITIES.GRANTS TO INDIVIDUALS=====================DURING 2024, C.A.R.'S CLOSING COST ASSISTANCE GRANT PROGRAM PROVIDED $1,000,000 TO 103 HOUSEHOLDS TO HELP 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. THROUGH THE 3 YEARS OF THE PROGRAM A TOTAL OF $3,000,000 (311 HOUSEHOLDS) THUS FAR. EACH GRANT IS PROVIDED TO LOW-TO-MODERATE INCOME (120% AMI AND BELOW) FIRST-TIME HOMEBUYERS WHO UTILIZE THE SERVICES OF A CALIFORNIA REALTOR.

  Expenses $1,080,000 · Grants $1,080,000

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

• 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, 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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,409,548

  Expenses

  $1,206,548

  Contributions

  $1,380,650

  Grants paid

  $1,080,000

• 2023

  Revenue

  $420,324

  Expenses

  $1,349,763

  Contributions

  $434,309

  Grants paid

  $1,225,000

• 2022

  Revenue

  $490,129

  Expenses

  $1,305,283

  Contributions

  $438,255

  Grants paid

  $1,149,999

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $1,525,536

  Expenses

  $763,310

  Assets (EOY)

  $2,683,716

• 2020 · 990

  Revenue

  $407,389

  Expenses

  $564,881

  Assets (EOY)

  $1,907,049

• 2019 · 990

  Revenue

  $964,111

  Expenses

  $1,197,977

  Assets (EOY)

  $1,979,038

• 2018 · 990

  Revenue

  $849,840

  Expenses

  $674,309

  Assets (EOY)

  $2,072,659

• 2018 · 990

  Revenue

  $849,840

  Expenses

  $674,309

  Assets (EOY)

  $2,072,659

• 2017 · 990

  Revenue

  $559,891

  Expenses

  $1,932,717

  Assets (EOY)

  $1,995,784

• 2016 · 990

  Revenue

  $477,154

  Expenses

  $417,279

  Assets (EOY)

  $3,265,801

• 2014 · 990

  Revenue

  $429,984

  Expenses

  $364,363

  Assets (EOY)

  $2,972,033

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• NEIGHBORHOOD PARTNERSHIP HOUSING SERVICE

  $1,000,000

  2024 · 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.

• NEIGHBORHOOD PARTNERSHIP HOUSING SERVICE

  $1,000,000

  2023 · 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.

• NEIGHBORHOOD PARTNERSHIP HOUSING SERVICE

  $333,333

  2022 · THE PATHWAY TO HOMEOWNERSHIP CLOSING COST ASSISTANCE GRANT PROGRAMHELPS FIRST-TIME HOMEBUYERS WHO ARE MEMBERS OF AN "UNDERSERVED COMMUNITY" BRIDGE THE AFFORDABILITY GAP BY PROVIDING THEM WITH UP TO$10,000IN 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.

• NHS NEIGHBORHOOD LENDING SERVICE

  $333,333

  2022 · THE PATHWAY TO HOMEOWNERSHIP CLOSING COST ASSISTANCE GRANT PROGRAMHELPS FIRST-TIME HOMEBUYERS WHO ARE MEMBERS OF AN "UNDERSERVED COMMUNITY" BRIDGE THE AFFORDABILITY GAP BY PROVIDING THEM WITH UP TO$10,000IN 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.

• RICHMOND NEIGHBORHOOD HOUSING

  $333,333

  2022 · THE PATHWAY TO HOMEOWNERSHIP CLOSING COST ASSISTANCE GRANT PROGRAMHELPS FIRST-TIME HOMEBUYERS WHO ARE MEMBERS OF AN "UNDERSERVED COMMUNITY" BRIDGE THE AFFORDABILITY GAP BY PROVIDING THEM WITH UP TO$10,000IN 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

  2024 · 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.

• CALVERAS COUNTY AOR

  $50,000

  2023 · THE "LOVE IT HERE, WORK HERE, LIVE HERE" GRANT PROGRAM DESIGNED TO HELP PUBLIC SERVANTS PURCHASE THEIR FIRST HOME. THE PROGRAM WILL PROVIDE 50 QUALIFIED FIRST-TIME HOMEBUYER(S) $1,000.00 TO HELP WITH HOUSING EXPENSES.

• DELTA AOR REALTOR COMMUNITY SERVICE FOUNDATION

  $50,000

  2023 · THE PROGRAM WILL PROVIDE QUALIFIED FIRST-TIME HOMEBUYER(S) WITH UP TO $5,000 IN CLOSING COST ASSISTANCE.

• SOLANO COUNTY AOR

  $50,000

  2023 · CLOSING COST ASSISTANCE PROGRAM TO BE USED FOR FIRST TIME HOME BUYERS' CLOSING COSTS, RATE BUY-DOWN, DOWN PAYMENT ASSISTANCE, AND NECESSARY REPAIRS REQUIRED FOR ESCROW TO CLOSE. ASSISTANCE WILL BE ALLOTTED IN INCREMENTS OF $5,000.

• LODI ASSOCIATION OF REALTORS

  $50,000

  2022 · PROGRAM THAT WILL AWARD $1,000 AFTER CLOSE OF ESCROW TO INDIVIDUALS WHO QUALIFY AS A HERO. AIMED AT OUR MILITARY, VETERANS, POLICE, FIREFIGHTERS, DOCTORS, NURSES, EMT-EMS, AND EDUCATORS.

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files