2024-10-17T17:45:57-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-01-01 954706651 HERITAGE HOUSING PARTNERS HERI 6264034663 608 NORTH FAIR OAKS AVENUE 126 PASADENA CA 91103 CHARLES E LOVEMAN JR EXECUTIVE DIRECTOR 6264034663 2024-10-08 1 0 MARLEN GOMEZ P01306775 6268577300 2024-10-08 2023 2024-10-15 13:58:12Z CHARLES E LOVEMAN JR 608 NORTH FAIR OAKS AVENUE 126 PASADENA CA 91103 43172573 0 X WWW.HERITAGEHOUSINGPARTNERS.ORG X 1998 CA TO PROMOTE HISTORIC PRESERVATION AND NEIGHBORHOOD REVITALIZATION BY DEVELOPING, OWNING, AND OPERATING RENTAL OR FOR SALE LOW-INCOME HOUSING PROPERTY. 11 11 8 11 0 0 257516 2585547 1387167 40431492 19048 40839 126778 114695 1790509 43172573 0 0 0 0 561448 695616 0 0 0 1719200 38027519 2280648 38723135 -490139 4449438 63829840 43203659 74063539 48995327 -10233699 -5791668 TO PROMOTE HISTORIC PRESERVATION AND NEIGHBORHOOD REVITALIZATION BY DEVELOPING, OWNING, AND OPERATING RENTAL OR FOR SALE LOW-INCOME HOUSING PROPERTY. 0 0 38584489 40546187 THE ORGANIZATION WORKED ON THE PREDEVELOPMENT, REHABILITATION, AND NEW CONSTRUCTION OF OVER 250 UNITS SOLD PRIMARILY TO FIRST TIME LOW TO MODERATE INCOME HOME BUYERS IN PASADENA, CALIFORNIA. 38584489 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 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 1 1 0 0 0 1 18 0 1 8 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 CA X JOSE C GRANADOS 6264034663 608 NORTH FAIR OAKS AVE UNIT 126 PASADENA CA 91103 DAVID RODRIGUEZ PRESIDENT 2.50 1.00 X X 0 0 0 RICHARD BRUCKNER 1ST VICE PRESIDENT 1.00 0.00 X X 0 0 0 JOHN MCAUSTIN 2ND VICE PRESIDENT 1.00 1.00 X X 0 0 0 KAREN DAVIS TREASURER 1.00 0.00 X X 0 0 0 NANCY SPEARS SECRETARY 1.00 0.00 X X 0 0 0 ROBERT CARPENTER BOARD MEMBER 1.00 0.00 X 0 0 0 ANTONIO MANNING BOARD MEMBER 1.00 0.00 X 0 0 0 MERCEDES MARTIN BOARD MEMBER 1.00 0.00 X 0 0 0 BLAIR MILLER BOARD MEMBER 1.00 0.00 X 0 0 0 EMILY WARE BOARD MEMBER 1.00 0.00 X 0 0 0 PATRICK CRANDALL BOARD MEMBER 1.00 0.00 X 0 0 0 CHARLES LOVEMAN EXECUTIVE DIRECTOR 40.00 1.00 X 215157 0 4200 MARIANNE WILLIAMS ACCOUNTANT 40.00 0.00 X 102051 0 4200 317208 0 8400 2 0 1 0 0 2539525 46022 2585547 REAL ESTATE SALES 531390 40363992 40363992 MANAGEMENT FEES 531390 67500 67500 40431492 40839 40839 114695 0 114695 114695 114695 43172573 40546187 0 40839 219357 164518 54839 409527 382004 27523 21000 15750 5250 45732 34299 11433 40181 37739 2442 101782 92244 9538 43196 37284 5912 1762 1321 441 28236 21114 7122 75385 74115 1270 2175 1631 544 422889 420468 2421 32577 30248 2329 70075 62493 7582 COST OF SALES 36987751 36987751 OTHER EXPENSES 221510 221510 38723135 38584489 138646 0 612502 311413 914853 1206378 10711766 16257819 48356879 21258710 4301069 177898 3109215 4123171 124625 46168 63829840 43203659 4670272 1977202 14984584 14985295 54408683 32032830 74063539 48995327 X -10233699 -5791668 -10233699 -5791668 63829840 43203659 X 4449438 -7407 X X 0 1 X 1 0 X 32864 9306 186943 257516 2585547 3072176 32864 9306 186943 257516 2585547 3072176 3072176 19250 13332 18643 110746 155534 317505 4000 33217 35080 72297 3461978 58091343 0.88740 0.82660 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS/REBATES - 2020 AMOUNT: $ 4,000. 2021 AMOUNT: $ 33,217. OTHER INCOME - 2022 AMOUNT: $ 35,080. 1075458 1075458 1863426 177898 1685528 1294629 1294629 67556 67556 4123171 X PART X, LINE 2: HHP IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND BY THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2023. ALL SUBSIDIARIES QUALIFY AS TAX EXEMPT TITLE HOLDING COMPANIES UNDER CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(H). HHP FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. IF APPLICABLE, HHP RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE STATEMENT OF FINANCIAL POSITION. 0 0 0 0 0 0 0 0 0 CHARLES LOVEMAN EXECUTIVE DIRECTOR 202657 0 12500 0 0 0 0 0 4200 0 219357 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY MEMBERS OF THE BOARD OF DIRECTORS. THE PRESIDENT AND THE SECRETARY OF THE BOARD ARE AUTHORIZED AND DIRECTED TO SEE THAT THE POLICY IS EFFECTUATED. ANY DIRECTOR HAVING A POSSIBLE CONFLICT OF INTEREST ON ANY MATTER IS REQUIRED TO DISCLOSE THE CONFLICT TO THE OTHER DIRECTORS AND TO RECUSE THEMSELVES FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE MEET TO DISCUSS AND EVALUATE COMPENSATION OF EXECUTIVE DIRECTOR. ONCE APPROVED, COMPENSATION IS ADJUSTED ACCORDINGLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 18 THE PUBLIC IS GIVEN THE OPPORTUNITY TO INSPECT THE TAX RETURNS DURING NORMAL BUSINESS HOURS. FORM 990, PART VI, SECTION C, LINE 19 HERITAGE HOUSING PARTNERS MAKES IT GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR RESTATEMENT -7,407. PART XII LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HHP-DFO LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 203922326 HOUSING CA 18347 4224413 HHP HHP-DECKER LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 472340938 HOUSING CA 0 14272 HHP HHP-PENN LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 452548293 HOUSING CA 0 1663 HHP HHP-SUMMIT LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 464745477 HOUSING CA 2399076 5822643 HHP HHP-HIGHLAND LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 472642498 HOUSING CA 0 3077 HHP HHP-LOG LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 824307778 HOUSING CA 1924246 17636191 HHP HHP-WALNUT LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 845176040 HOUSING CA 9819 14261899 HHP HHP-GILL LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 824149251 HOUSING CA 0 12486 HHP HHP-1421 LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 871580307 HOUSING CA 100625 1508452 HHP HHP-FOOTHILL LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 882108468 HOUSING CA 441 2490766 HHP HHP CAPITAL INC 608 S FAIR OAKS AVE NO 126 PASADENA CA 91103 811711003 HOUSING CA 501(C)(3) LINE 12B, II HERITAGE HOUSING PARTNERS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0