2024-11-14T19:32:04-06:00 2023-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2023-01-01 680341940 112 ALVES LANE INC 112A 5108414410 2220 OXFORD STREET BERKELEY CA 94704 ERIC KNECHT CFO 5108414410 2024-11-14 1 0 JOE HUIE P00422192 4159579999 2023 2024-10-15 13:58:12Z DAN SAWISLAK 2220 OXFORD STREET BERKELEY CA 94704 514199 0 X N/A X 1994 CA THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE LOCAL COMMUNITY. 10 10 0 10 0 0 26940 41569 1109351 472630 0 0 0 0 1136291 514199 338140 89608 0 0 0 0 0 0 0 1621132 562642 1959272 652250 -822981 -138051 2307086 2185510 5115664 5132139 -2808578 -2946629 THE ORGANIZATION'S MISSION IS TO PROVIDE AFFORDABLE HOUSING TO THE LOCAL COMMUNITY. 0 0 646680 89608 472630 THE ORGANIZATION SERVES AS GENERAL PARTNER FOR FOUR LIMITED PARTNERSHIPS THAT OWN AND OPERATE AFFORDABLE HOUSING FOR THE BENEFIT OF LOW-INCOME PERSONS; AS LIMITED PARTNER FOR 19 LIMITED PARTNERSHIPS THAT OWN AND OPERATE AFFORDABLE HOUSING FOR THE BENEFIT OF LOW-INCOME PERSONS, AND 7 OF THE AFFORDABLE HOUSING LIMITED PARTNERSHIPS ARE IN DEVELOPMENT; AND AS SOLE MEMBER OF AN LLC THAT IS THE GENERAL PARTNER OF 4 LIMITED PARTNERSHIPS THAT OWN AND OPERATE AFFORDABLE HOUSING FOR THE BENEFIT OF LOW-INCOME PERSONS. 646680 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 1 1 CA X X KATE MCKEAN 5104414410 2220 OXFORD STREET BERKELEY CA 94704 ARTISE HARDY VICE PRESIDENT 0.10 0.30 X X 0 0 0 SUSAN SHELTON-THRU 072023 DIRECTOR 0.00 0.00 X 0 0 0 DAVID TOM DIRECTOR 0.10 1.40 X 0 0 0 DIANNA GARRETT DIRECTOR 0.10 0.40 X 0 0 0 KATTYE GILES SECRETARY 0.10 1.20 X X 0 0 0 MARIAN WOLFE DIRECTOR 0.10 1.20 X 0 0 0 WILLIE PHILLIPS DIRECTOR 0.10 2.30 X 0 0 0 JANET KENNEDY PRESIDENT 0.10 2.00 X X 0 0 0 DICK SHAPIRO DIRECTOR 0.10 1.40 X 0 0 0 COURTNEY JONES-THRU 101823 DIRECTOR 0.10 0.00 X 0 0 0 PHIL PALMER TREASURER 0.10 2.60 X X 0 0 0 DANIEL SAWISLAK CEO 0.10 39.90 X 0 225019 55612 ERIC KNECHT CFO 0.10 39.90 X 0 165140 42553 0 390159 98165 0 0 1 0 0 41569 41569 INCENTIVE FEE INCOME 531390 224346 224346 PARTNERSHIP MANAGEMENT 531390 213073 213073 ASSET MANAGEMENT FEE 531390 35211 35211 472630 514199 472630 0 0 89608 89608 472630 472630 5570 5570 LOSS FROM PARTNERSHIPS 48443 48443 YEAR 15 EXIT COSTS 35000 35000 TAXES,FEES AND LICENSES 999 999 652250 646680 5570 0 834303 850878 150000 150000 1322783 1184632 2307086 2185510 5115664 5132139 5115664 5132139 X -2808578 -2946629 -2808578 -2946629 2307086 2185510 -138051 0 X X 0 1 X 1 0 X X 1 RESOURCES FOR COMMUNITY DEVELOPMENT 942952466 7 0 646680 0 1 646680 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 1 RESOURCES FOR COMMUNITY DEVELOPMENT IS A SISTER ORGANIZATION TO 112 ALVES LANE, INC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN PARTNERSHIPS 1184632 C 1184632 DUE TO AFFILIATES 852166 PARTNERSHIP LIABILITY ASSUMED IN EXCESS OF ASSETS 4279973 5132139 X PART X, LINE 2: RCD AND AFFILIATES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE COMBINED FINANCIAL STATEMENTS. RESOURCES FOR COMMUNITY DEVELOPMENT AND AFFILIATES'S FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE YEARS 2019 THROUGH 2022 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. 1 RESOURCES FOR COMMUNITY DEVELOPMENT 2220 OXFORD STREET BERKELEY CA 94704 942952466 501(C)(3) 89608 0 TO SUPPORT AFFILIATE ORGANIZATION 1 PART I, LINE 2: GRANTS ARE GENERALLY MADE TO DOMESTIC ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 DANIEL SAWISLAK CEO 0 225019 0 0 0 0 0 10725 0 44887 0 280631 0 0 ERIC KNECHT CFO 0 165140 0 0 0 0 0 8246 0 34307 0 207693 0 0 PART I, LINE 3 COMPENSATION SURVEY OR STUDY, INDEPENDENT COMPENSATION CONSULTANT AND WRITTEN EMPLOYMENT CONTRACT WERE USED TO ESTABLISH COMPENSATION OF RELATED ORGANIZATION'S CEO/CFO, OFFICERS AND KEY EMPLOYEES. BOARD OR COMPENSATION COMMITTEE'S APPROVAL IS ALSO REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B THE CORPORATE CONTROLLER REVIEWS FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL QUESTIONNAIRE WHICH ASKS THEM TO DISCLOSE IF THEY, THEIR FAMILY MEMBERS, ANY ENTITY WHERE THEY OR THEIR FAMILY MEMBER OWNED MORE THAN 35% OR ANY PROFIT ENTITY WHERE THEY OR THEIR FAMILY MEMBER OWNED MORE THAN 5% ENGAGED IN ANY BUSINESS TRANSACTIONS OVER $10,000 WITH RCD OR ANY OF ITS RELATED ENTITIES. IT ALSO ASKS WHETHER THEY HAD A FAMILY OR BUSINESS RELATIONSHIP WITH ANY OTHER BOARD MEMBER OR KEY EMPLOYEE. RCD'S BYLAWS AND PERSONNEL HANDBOOK GOVERN HOW ACTUAL OR APPARENT CONFLICTS OF INTERESTS THAT MAY IMPACT THE ORGANIZATION'S STAFF OR BOARD OF DIRECTORS ARE HANDLED. STAFF ARE TO AVOID EVEN THE APPEARANCE OF A CONFLICT OF INTEREST, AND GIFTS AND RENUMERATIVE ACTIVITY RELATED TO RCD DUTIES ARE STICTLY LIMITED. THE BYLAWS REQUIRE THAT NO MEMBER OF THE BOARD OF DIRECTORS SHALL HAVE ANY FINANCIAL INTEREST IN AN ORGANIZATION DOING BUSINESS WITH RCD WITHOUT DISCLOSURE TO THE BOARD. AT THAT POINT, THE MAJORITY OF THE BOARD MUST VOTE ON A FINDING THAT THE ORGANIZATION COULD NOT OBTAIN A MORE ADVANTEGEOUS ARRANGEMENT WITH REASONABLE EFFORT, TO THE BENEFIT OF THE ORGANIZATION, AND ITS AT A FAIR AND REASONABLE PRICE. FORM 990, PART VI, SECTION B, LINE 15 RCD HAS INSTITUTED A PROCESS TO DETERMINE FAIR COMPENSATION FOR ITS CEO AND KEY EMPLOYEES AS FOLLOWS. THE CEO HAS AN ANNUAL EVALUATION MEETING WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. AT THIS MEETING, POTENTIAL ADJUSTMENTS TO THE CEO'S SALARY ARE DISCUSSED. THE CEO PROVIDES THE COMMITTEE WITH INFORMATION ON SALARIES FOR COMPARABLE POSITIONS. THE EXECUTIVE COMMITTEE MAKES A DETERMINATION REGARDING THE APPROPRIATENESS OF THE PROPOSED SALARY BASED ON THE COMPARABLES AND INDEPENDENT RESEARCH IT MAY UNDERTAKE. THE EXECUTIVE COMMITTEE IS ALSO PROVIDED WITH THE PROPOSED SALARY AND INFORMATION ON SALARIES FOR COMPARABLE POSITIONS FOR KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE PUBLIC THE GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS BECAUSE THE ORGANIZATION CONSIDERS THEM TO BE INTERNAL DOCUMENTS. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. 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