2024-10-28T14:21:21-05:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 1435 N MCDOWELL BLVD SUITE 350 PETALUMA CA 94954 990 2023-01-01 920337266 ESCALANTE MEADOWS DEVELOPMENT COMPANY ESCA 8057633423 815 W OCEAN AVE LOMPOC CA 93436 ROBERT P HAVLICEK JR CEO 8057633423 2024-10-28 1 0 LANCE SMITH P00696623 4152236130 2023 2024-10-15 13:58:12Z ROBERT P HAVLICEK JR 815 W OCEAN AVE LOMPOC CA 93436 0 0 X N/A X 2022 CA TO PROMOTE SOCIAL WELFARE BY COMBATTING COMMUNITY DETERIORATION BY ENCOURAING ECONOMIC DEVELOPMENT IN THE SEVERELY DISTRESSED COMMUNITY OF GUADALUPE, CA, THROUGH THE CONSTRUCTION OF COMMERCIAL REAL PROPERTY FOR USE BY COMMUNITY-ORIENTED TENANTS AND LOW INCOME PERSONS. 5 5 0 0 0 0 612141 0 0 0 0 0 0 0 612141 0 0 0 0 0 0 0 0 0 0 0 0 0 0 612141 0 17601449 17963503 16989308 17351362 612141 612141 TO PROMOTE SOCIAL WELFARE BY COMBATTING COMMUNITY DETERIORATION BY ENCOURAING ECONOMIC DEVELOPMENT IN THE SEVERELY DISTRESSED COMMUNITY OF GUADALUPE, CA, THROUGH THE CONSTRUCTION OF COMMERCIAL REAL PROPERTY FOR USE BY COMMUNITY-ORIENTED TENANTS AND LOW INCOME PERSONS. 0 0 0 THE ORGANIZATION WAS ORGANIZED TO SUPPORT THE HOUSING AUTHORITY OF THE COUNTY OF SANTA BARBARA, A PUBLIC AGENCY, IN DEVELOPING AND OPERATING AFFORDABLE HOUSING FOR LOW INCOME PERSONS. THE ORGANIZATION IS CONSTRUCTING COMMERCIAL REAL PROPERTY FOR USE BY COMMUNITY-ORIENTED TENANTS AND LOW INCOME PERSONS. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X THE ORGANIZATION 8057633423 815 W OCEAN AVE LOMPOC CA 93436 HENRY MERCADO PRESIDENT 2.00 X X 0 0 0 JULIANNE HILL DIRECTOR 2.00 X 0 0 0 STEPHANIE KRAUSE DIRECTOR 0.50 X 0 0 0 ALEJANDRA MAHONEY DIRECTOR 0.50 X 0 0 0 MIREYA PINA DIRECTOR 0.50 X 0 0 0 ROBERT P HAVLICEK JR CEO 2.00 40.00 X 0 302329 80482 0 302329 80482 0 0 1 0 0 0 0 0 0 0 0 0 0 14900154 10308801 6829670 0 1700632 6829670 1000663 825032 17601449 17963503 16423198 16449968 566110 901394 16989308 17351362 X 0 0 0 0 612141 612141 612141 612141 17601449 17963503 0 0 X 0 1 X 1 0 X 612141 0 612141 612141 612141 0 0 0 612141 612141 612141 1.00000 0.00000 X 600000 600000 6229670 6229670 6829670 DEVELOPER FEE PAYABLE 74820 CONSTRUCTION COSTS PAYABLE 826574 901394 X 612141 612141 612141 0 0 0 0 0 0 0 0 PART X, LINE 2: INCOME TAXES THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM CALIFORNIA INCOME AND FRANCHISE TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS AND FOUR YEARS, RESPECTIVELY, OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED IN PREVIOUS TAX YEAR ON INCEPTION-TO-DATE FINANCIAL STMTS 0 0 0 0 0 0 0 0 0 ROBERT P HAVLICEK JR CEO 0 274285 0 14226 0 13818 0 48686 0 31796 0 382811 0 0 PART I, LINE 3 ROBERT P. HAVLICEK JR., CEO: COMPENSATION DETERMINED BY THE RELATED ENTITY HOUSING AUTHORITY OF THE COUNTY OF SANTA BARBARA, WHICH REQUIRES APPROVAL BY THE BOARD OF DIRECTORS AND A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION B, LINE 11B THE TAX MANAGER COMPLETES THE 990 QUESTIONNAIRE AND ACCUMULATES ALL SUPPORTING DOCUMENTATION. THE QUESTIONNAIRE IS SENT TO THE TAX PROFESSIONALS FOR THEIR PREPARATION OF THE TAX RETURNS. THE DRAFT 990 TAX RETURN GOES THROUGH THE REVIEW OF THE HOUSING AUTHORITY OF THE COUNTY OF SANTA BARABARA MANAGEMENT. UPON THE CHIEF FINANCIAL OFFICER'S APPROVAL, THE TAX RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS DIRECT OR INDIRECT FINANCIAL INTEREST, MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBER OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. PERIODIC REVIEWS OF SHALL BE CONDUCTED TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLY BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. HOUSING AUTHORITY OF THE COUNTY OF SANTA BARBARA 815 W OCEAN AVE LOMPOC CA 93436 956001634 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA 501(C)(3) LINE 6 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0