2024-01-19T13:27:11-06:00 2023-03-31 463462919 KKAJ LLP 27200 TOURNEY ROAD STE 475 VALENCIA CA 91355 990 2022-04-01 953918349 WESLEY TOWER INC WESL 3232583512 PO BOX 7070 PASADENA CA 911097070 ELVAN MOEN PRESIDENT 3232583512 2024-01-19 1 ELVAN MOEN 999009999 0 THOMAS ENGMAN CPA P00043817 6617054222 2024-01-16 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELVAN MOEN PO BOX 7070 PASADENA CA 911097070 2380784 0 X N/A X 1984 CA TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS. 15 15 10 0 0 0 1853792 1906201 400421 415359 4821 59224 0 0 2259034 2380784 0 0 0 0 243544 223928 0 0 0 1058173 1175705 1301717 1399633 957317 981151 7279666 8157595 5116064 5012842 2163602 3144753 TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS. 0 0 1114086 415359 THE ORGANIZATION IS A NON-PROFIT APARTMENT COMPLEX RENTING TO LOW INCOME, HANDICAPPED OR ELDERLY PERSONS. THE OPERATIONS ARE REGULATED AND CONTROLLED BY U.S. DEPT. OF HUD. A COIN OPERATED LAUNDRY FACILITY IS PROVIDED. 1114086 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 10 1 0 0 0 0 0 0 0 0 0 0 X 15 15 1 1 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 CA X X FALKENBERGGILLIAM & ASSOC 3232583512 1560 W COLORADO BLVD PASADENA CA 91105 X ELVAN MOEN PRESIDENT 1.00 X X 0 0 0 REVIS CALL VICE PRESIDENT 1.00 X X 0 0 0 JANE CASEY TREASURER 1.00 X X 0 0 0 LISA FIKE SECRETARY 1.00 X X 0 0 0 ROBERT ANDERSON DIRECTOR 1.00 X 0 0 0 BRIAN CASEY DIRECTOR 1.00 X 0 0 0 CAROLYN ENGLISH DIRECTOR 1.00 X 0 0 0 LAUREEN ENDOSO DIRECTOR 1.00 X 0 0 0 REV SAM B KIM DIRECTOR 1.00 X 0 0 0 REV INMAN MOORE DIRECTOR 1.00 X 0 0 0 BEATRICE WAINRIGHT DIRECTOR 1.00 X 0 0 0 REV CHRIS FRACCHOIOLLA DIRECTOR 1.00 X 0 0 0 CRAIG HUNTER DIRECTOR 1.00 X 0 0 0 SUE EVERHART DIRECTOR 1.00 X 0 0 0 KAREN KOLUS DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1906201 1906201 RENTAL INCOME 531110 410473 410473 LAUNDRY INCOME 531110 4631 4631 TENANT CHARGES 531110 255 255 415359 59224 59224 2380784 415359 0 59224 189854 96077 93777 5401 2733 2668 13566 6865 6701 15107 7645 7462 97685 97685 556 556 35097 35097 16319 16319 187962 187962 221556 221556 47211 47211 CONTRACTS 241775 241775 UTILITIES 120316 120316 SUPPLIES 65566 65566 SECURITY 27563 27563 114099 88817 25282 1399633 1114086 285547 0 319948 756427 18080 20443 9026405 6502934 2682527 2523471 2992692 3500000 1266419 1357254 7279666 8157595 64411 63226 5017867 4914134 33786 35482 5116064 5012842 X 2163602 3144753 2163602 3144753 7279666 8157595 981151 0 X 0 1 X 1 1 1 X 1144834 1170284 1796409 1853792 1906201 7871520 386009 390211 395358 400421 416359 1988358 1530843 1560495 2191767 2254213 2322560 9859878 0 0 0 9859878 13835 48767 26351 4821 59244 153018 13835 48767 26351 4821 59244 153018 1544678 1609262 2218118 2259034 2381804 10012896 0.98470 0.98910 0.01530 0.01090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 940897 940897 7932011 6386528 1545483 153497 116406 37091 2523471 CERTIFICATS OF DEPOSIT AND TREAURY NOTES 3500000 F 3500000 SECURITY DEPOSITS 35482 REPLACEMENT RESERVE 1236865 ESCROW DEPOSITS 49050 ACCRUED RECEIVABLE 3587 ACCRUED INTEREST RECEIVABLE 32270 1357254 SECURITY DEPOSITS 35482 35482 X 2380784 0 2380784 0 2380784 1399633 0 1399633 0 1399633 PART X, LINE 2: MANAGEMENT REVIEWS THE STATUS OF ALL TAX POSITIONS ANNUALLY TO DETERMINE IF ANY TAX POSITION SHOULD AFFECT THE COMPANY'S FINANCIAL STATEMENTS. MANAGEMENT ESTIMATES THAT NO TAX POSITIONS TAKEN BY THE COMPANY WOULD BE ADJUSTED BY TAXING AUTHORITIES UNDER EXAMINATION. THE COMPANY'S TAX RETURNS ARE STILL SUBJECT TO EXAMINATION BY VARIOUS TAX AUTHORITIES FOR TAX YEARS ENDING ON OR AFTER MARCH 31, 2018. FORM 990, PART VI, SECTION A, LINE 2 JANE CASEY AND BRIAN CASEY HAVE A FAMILY RELATIONSHIP. NEITHER RECEIVES ANY COMPENSATION. FORM 990, PART VI, SECTION A, LINE 3 RETAINED FALKENBERG/GILLIAM & ASSOCIATES, INC. AS APPROVED MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT AND OPERATIONS. THE COMPANY OPERATES RESIDENTIAL PROPERTY FOR LOW INCOME FAMILIES AND IS SUBJECT TO RULES AND REGULATIONS OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). FALKENBERG/GILLIAM & ASSOCIATES SPECIALIZED IN MANAGING HUD ASSISTED PROJECTS TO ENSURE COMPLIANCE WITH HUD'S RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPANY IS AUDITED. DURING THE AUDIT THE AUDITOR WORKS WITH THE MANAGEMENT COMPANY AND A BOARD OFFICER TO OBTAIN THE NECESSARY INFORMATION TO PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY FALKENBERG/GILLIAM FINANCE DEPARTMENT THEN IS FORWARDED TO THE BOARD OFFICER FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION C, LINE 19 IN ADDITION TO THE FORM 990 BEING AVAILABLE UPON REQUEST, IT IS AVAILABLE THROUGH GUIDESTAR.ORG. HARVARD PLAZA INC PO BIN 7070 PASADENA CA 91109 953377301 LOW INCOME HOUSING APARTMENT BUILDING CA 501 (C)(3) LINE 10 WESLEY HOMES INC 0 PACIFIC MANOR INC PO BIN 7070 PASADENA CA 91109 510144048 LOW INCOME HOUSING APARTMENT BUILDING CA 501 (C)(3) LINE 10 WESLEY HOMES INC 0 VERDUGO TOWER INC PO BIN 7070 PASADENA CA 91109 954401836 LOW INCOME HOUSING APARTMENT BUILDING CA 501 (C)(3) LINE 10 WESLEY HOMES INC 0 WESLEY HOMES INC 340 HARVARD ROAD BURBANK CA 91502 951641458 SUPPORTING ORGANIZATION CA 501 (C)(3) LINE 12B, II N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0