2024-11-07T12:28:48-06:00 2023-12-31 473535842 DAVIS FARR LLP 18201 VON KARMAN AVE SUITE 1100 IRVINE CA 92612 990 2023-01-01 330673939 PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT CORPORATION PACI 8586750506 16935 WEST BERNARDO DRIVE 238 SAN DIEGO CA 92127 ROBERT W LAING PRESIDENT/EXECUTIVE DIRECTOR 7606750506 2024-11-07 1 1 TRITIA FOSTER P02164134 9494742020 2023 2024-10-15 13:58:12Z ROBERT W LAING 16935 WEST BERNARDO DRIVE 238 SAN DIEGO CA 92127 8729813 0 X WWW.PSWCDC.ORG X 1996 CA THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY AS AN IRC 501(C)(3) CHARITABLE ORGANIZATION TO CONSTRUCT, PROVIDE, SPONSOR, MANAGE, REHABILITATE, AND PRESERVE AFFORDABLE HOUSING AND TO CREATE OPPORTUNITIES FOR ECONOMIC DEVELOPMENT. 3 3 49 47 0 0 11625 3933587 3586284 3688520 649764 1077375 10587 30331 4258260 8729813 0 2500 0 0 1351081 1564489 0 0 0 372622 5194825 1723703 6761814 2534557 1967999 55343513 55485008 11911736 11812168 43431777 43672840 THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY AS AN IRC 501(C)(3) CHARITABLE ORGANIZATION TO CONSTRUCT, PROVIDE, SPONSOR, MANAGE, REHABILITATE, AND PRESERVE AFFORDABLE HOUSING AND TO CREATE OPPORTUNITIES FOR ECONOMIC DEVELOPMENT. 0 0 6517461 2500 3688520 THE NON-PROFIT CORPORATION PROVIDES SERVICES IN CONNECTION WITH SPONSORSHIP, MANAGEMENT, REHABILITATION, AND PRESERVATION OF AFFORDABLE HOUSING BY ACTING AS A MANAGING GENERAL PARTNER FOR LOW AND MODERATE INCOME PROPERTIES LOCATED IN CALIFORNIA. IT'S INVESTMENTS ALSO INCLUDE CARRYING BELOW MARKET RATE LOANS ON THESE INVESTMENTS. THE ORGANIZATION UTILIZES THIS INCOME TO SERVE MORE THAN 8000 FAMILIES WITH COMPREHENSIVE SERVICES THAT BESIDES THE ABOVE MENTIONED ALSO INCLUDES 1) YOUTH SERVICES I.E. COMPUTER ENRICHMENT AND READING PROGRAMS; 2) ADULT SERVICES I.E. ENGLISH AS A SECOND LANGUAGE; 3) SENIOR SERVICES I.E. HEALTH, FITNESS, AND TRANSPORTATION; AND 4) OTHER I.E. FOOD PROGRAMS AND CRIME PREVENTION. 6517461 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 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 1 0 0 0 0 1 2 0 49 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X ROBERT W LAING 7606750506 16935 WEST BERNARDO DRIVE 238 SAN DIEGO CA 92127 MICHAEL T WALSH CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 TONY REYES SECRETARY/TREASURER 2.00 X X 0 0 0 TOM DUBOSE MEMBER 2.00 X 0 0 0 ROBERT W LAING PRESIDENT/EXECUTIVE DIRECT 40.00 X X 300618 0 22526 JUAN P ARROYO EXECUTIVE VICE PRESIDENT 40.00 X 143766 0 4080 444384 0 26606 2 0 1 0 0 3931087 2500 3933587 PROGRAM INCOME 900099 1998815 1998815 DEVELOPER FEES 900099 1202801 1202801 PARTNERSHIP FEES 900099 486904 486904 3688520 1077375 1076177 1198 MISCELLANEOUS 900099 30331 30331 30331 8729813 4795028 0 1198 2500 2500 470990 423891 47099 931145 931145 11553 11553 47603 47603 103198 92878 10320 13067 13067 137297 137297 41804 35367 6437 22870 11435 11435 22429 18974 3455 33373 33373 13468 13468 12882 12882 23009 7766 15243 MISCELLANEOUS 4728847 4728847 PROGRAM EXPENSES 141417 141417 STAFF DEVELOPMENT 2290 2290 TAXES AND PERMITS 2072 2072 6761814 6517461 244353 0 1014886 1229608 105375 105533 1866607 1851745 19706686 19684686 13136 13136 43685 43685 0 0 32636823 32600300 55343513 55485008 11678700 11667786 149900 85296 83136 59086 11911736 11812168 X 43431777 43672840 43431777 43672840 55343513 55485008 X 1967999 -1730542 3606 X 0 0 0 X 17638 38123 175478 7000 3350106 3588345 1342862 940372 1290139 3586284 3688520 10848177 1360500 978495 1465617 3593284 7038626 14436522 0 0 0 14436522 103268 453048 453261 649764 1077375 2736716 103268 453048 453261 649764 1077375 2736716 38206 6271 12231 10587 30332 97627 1501974 1437814 1931109 4253635 8146333 17270865 0.83590 0.82830 0.15850 0.15720 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,864. 2020 AMOUNT: $ 68. OTHER PROGRAM REVENUE - 2019 AMOUNT: $ 36,342. 2020 AMOUNT: $ 6,203. 2021 AMOUNT: $ 12,231. 2022 AMOUNT: $ 10,587. 2023 AMOUNT: $ 30,332. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43685 43685 0 0 ACCRUED INCOME 540905 INTEREST RECEIVABLE 1152781 INVESTMENTS IN TAX CREDIT PARTNERSHIPS 30903327 INVESTMENTS IN OTHER PARTNERSHIPS 3287 32600300 ACCRUED COMPENSATED ABSENCES 59086 59086 0 0 0 0 0 0 0 0 0 ROBERT W LAING PRESIDENT/EXECUTIVE DIRECT 250618 0 50000 0 0 0 10987 0 11539 0 323144 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B RETURN WILL BE REVIEWED BY BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT CORPORATION IS CONCERNED WITH CONFLICTS OF INTEREST THAT CREATE ACTUAL OR POTENTIAL JOB-RELATED CONCERNS, ESPECIALLY IN THE AREAS OF CONFIDENTIALITY, CUSTOMER RELATIONS, SAFETY, SECURITY, AND MORALE. IF THERE IS ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST BETWEEN YOU AND A COMPETITOR, SUPPLIER, DISTRIBUTOR, OR CONTRACTOR TO THE COMPANY, YOU MUST DISCLOSE IT TO YOUR SUPERVISOR. IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE COMPANY WILL TAKE SUCH STEPS AS IT DEEMS NECESSARY TO REDUCE OR ELIMINATE THIS CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS COMPENSATION POLICIES OF EXECUTIVE DIRECTOR AND DETERMINES RAISES, BONUSES, AND OTHER COMPENSATION AWARDS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: TO ADJUST ACCUMULATED DEPRECIATION 3,606. FEDERATION GP LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 831737733 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC DELIVERANCE LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 821663454 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC MORRO DEL MAR LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 471119012 RENTAL OF LOW INCOME HOUSING CA -131 PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC SFV LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 820805672 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC ALDEA PARK LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 850527657 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT LACO HOUSING MGP LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 843260117 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT OAKLAND VENTURE MGP LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 844408492 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PUEBLO PSCDC LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 853522162 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT AVIARA PSCDC LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881107403 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PINOLE PSCDC LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 873398592 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC ONE LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 854325331 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC DIAMOND VALLEY LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 862027408 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC EL DORADO ONE LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881046746 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC EL DORADO TWO LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881051437 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC MALLARD LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 861983501 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC MIDDLETOWN LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 861995279 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC AE-1 DIAMOND VALLEY LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881249151 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC AE-3 DIAMOND VALLEY LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881306566 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC AE DIAMOND VALLEY LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881194157 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC AE-2 DIAMOND VALLEY LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 881274770 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC TWO LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 920651222 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC THREE LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 920670342 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC FOUR LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT PSCDC DOVERWOODS LLC 16935 W BERNARDO DR SAN DIEGO CA 92127 474961383 RENTAL OF LOW INCOME HOUSING CA PACIFIC SOUTHWEST COMMUNITY DEVELOPMENT