2024-10-05T11:59:07-07:00 2023-12-31 954714490 SCHMIDTCHEN ALVARADO & CO 1500 ANACAPA ST SANTA BARBARA CA 93101 990 2023-01-01 770057506 CORONEL PLACE INC CORO 8059639644 11 EAST HALEY STREET SANTA BARBARA CA 93101 ANDREW ROTEMAN President 2024-10-05 true true Patrick Hartmann CPA P00037054 8059630881 2023 2024-10-15 13:58:12Z 11 EAST HALEY STREET SANTA BARBARA CA 93101 507549 false X N/A X 1983 CA THE ORGANIZATION IS ORGANIZED AS A CALIFORNIA NON-PROFIT PUBLIC BENEFIT CORPORATION WHICH REDEVELOPED A 20 UNIT APARTMENT COMPLEX WHICH SERVES PERSONS OF LOW TO MODERATE INCOME. 7 7 0 0 0 456135 482926 748 2452 22171 22171 479054 507549 0 0 0 0 0 325902 384306 325902 384306 153152 123243 1318664 1351933 778018 688044 540646 663889 THE ORGANIZATION REDEVELOPED A 20 UNIT APARTMENT COMPLEX LOCATED IN SANTA BARBARA, CA. APPROXIMATELY 29% OF THE RENTAL REVENUE FROM TENANTS IS SUBSIDIZED BY THE HOUSING AUTHORITY. false false 371921 482926 OPERATION AND MAINTENANCE OF A 20 UNIT APARTMENT COMPLEX LOCATED IN SANTA BARBARA, CALIFORNIA WHICH SERVES PERSONS OF LOW TO MODERATE INCOME. 371921 true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false CA X CINDY YOUNG 8059639644 11 EAST HALEY STREET SANTA BARBARA CA 93101 X CINDY YOUNG EXECUTIVE DIRECTOR 3.00 0.00 0 146060 0 ANDREW ROTEMAN President 0.20 0.00 X X 0 0 0 HAZRA KAMAL Director 0.20 0.00 X 0 0 0 HUGH HOLLIS Treasurer 0.20 0.00 X X 0 0 0 TIM TAYLOR Director 0.20 0.00 X 0 0 0 RAUL BAEZ Director 0.20 0.00 X 0 0 0 STEVE GOLIS Director 0.20 0.00 X 0 0 0 MARLEE KING Secretary 0.20 0.00 X X 0 0 0 146060 0 false false false 0 0 LAUNDRY ETC. INCOME 531110 7381 7381 RENTAL INCOME 531110 475545 475545 482926 2452 2452 0 0 22171 22171 22171 22171 0 0 0 0 0 507549 482926 24623 0 0 0 0 0 0 0 0 0 0 76053 76053 0 9150 9150 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22759 22759 RENTAL EXPENSES 236665 236665 DEPRECIATION 26632 26632 TAXES 9812 9812 VARIOUS 3235 3235 0 384306 371921 12385 0 0 205573 212780 0 10890 6434 0 0 0 0 8939 13314 2967769 1848364 1093262 1119405 0 0 0 0 0 1318664 1351933 64854 15926 713164 672118 778018 688044 X 540646 663889 540646 663889 1318664 1351933 123243 X true X false true false X 0 413301 412398 411564 456135 482926 2176324 0 0 0 413301 412398 411564 456135 482926 2176324 0 233301 232398 209170 246329 295501 1216699 233301 232398 209170 246329 295501 1216699 959625 24024 26738 22277 22919 24623 120581 0 24024 26738 22277 22919 24623 120581 0 2303 90621 92924 439628 529757 433841 479054 507549 2389829 0.40150 0.39980 0.05050 0.05230 X 360000 360000 2592178 1832773 759405 15591 15591 1119405 ADVANCE RENTS RECEIVED 3461 LT DEBT-RELATED ENTITY-SEE FED SCH R 110000 LT DEBT-RELATED ENTITY-SEE FED SCH R 240000 LT DEBT-RELATED ENTITY-SEE FED SCH R 288876 SECURITY DEPOSITS 29781 672118 Form 990, Part VI, Section B, Line 11b REVIEW STEPS OF THE TAX RETURNS INCLUDE: THE BOARD OF DIRECTORS REVIEWS THE REVIEWED FINANCIAL STATEMENTS PRIOR TO THE PREPARATION OF THE TAX RETURNS. NEXT, A DRAFT OF THE ENTIRE TAX RETURN IS DISTRIBUTED TO THE PRESIDENT AND EXECUTIVE DIRECTOR FOR A PRELIMINARY REVIEW WHERE ANY ADJUSTMENTS AND CORRECTIONS ARE NOTED AND ADDRESSED. COPIES OF THE COMPLETED RETURNS ARE THEN DISTRIBUTED TO THE ENTIRE GOVERNING BODY FOR REVIEW AND APPROVAL PRIOR TO SUBMISSION WITH THE APPLICABLE TAXING AUTHORITIES. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION REGULARLY REVIEWS ITS WRITTEN CONFLICT OF INTEREST POLICY AND FINANCIAL TRANSACTIONS WITH CERTAIN VENDORS AND ITS AFFILIATES. AT THE BEGINNING OF EACH FISCAL YEAR, ALL OF THE BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM. BY SIGNING THE FORM, THEY AGREE THAT THEY RECEIVED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, READ AND UNDERSTAND THE POLICY, AND AGREE TO COMPLY WITH THE POLICY. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS PERIODICALLY REVIEWS THE REASONABLENESS OF THE COMPENSATION OF THE EXECUTIVE DIRECTOR COMPARED TO OTHER EXEMPT ORGANIZATIONS WITHIN THE SANTA BARBARA AREA. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. additional information for part vii section a Section A. officers, directors, trustee, key employees, and highest compensated employeesTHIS ENTITY IS A LOW INCOME HOUSING PROJECT CONTROLLED AND MANAGED BY THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR OF THE SANTA BARBARA COMMUNITY HOUSING CORP. FEIN 95-2954450, A TAX EXEMPT ENTITY, WHICH OVERSEES VARIOUS LOW INCOME HOUSING PROJECTS.THE EXECUTIVE DIRECTOR RECEIVES COMPENSATION FROM THE SANTA BARBARA COMMUNITY HOUSING CORP., BUT DOES NOT RECEIVE COMPENSATION FROM THIS ENTITY. NONE OF THE MEMBERS OF THE BOARD OF DIRECTORS RECEIVES ANY COMPENSATION FROM THE SANTA BARBARA COMMUNITY HOUSING CORP. OR THIS ENTITY. PART VII SECTION A. (B) NAME AND HOURS DEVOTED TO RELATED ORGANIZATIONSALL OF THE PERSONS LISTED IN PART VII SECTION A (A) OTHER THAN CINDY YOUNG DEVOTED APPROXIMATELY 2 HOURS PER WEEK TO SANTA BARBARA COMMUNITY HOUSING CORP., A RELATED ORGANIZATION. SEE SCHEDULE R PART II ITEM (1).ALL OF THE PERSONS LISTED IN PART VII SECTION A (A) OTHER THAN CINDY YOUNG DEVOTED APPROXIMATELY .2 HOURS PER WEEK TO OTHER RELATED ORGANIZATIONS. SEE SCHEDULE R PART II ITEMS (2)+.CINDY YOUNG DEVOTED 40 HOURS PER WEEK TO SANTA BARBARA COMMUNITY HOUSING CORP., A RELATED ORGANIZATION. SEE SCHEDULE R PART II ITEM (1).CINDY YOUNG DEVOTED APPROXIMATELY 3 HOURS PER WEEK TO OTHER RELATED RELATED ORGANIZATIONS. SEE SCHEDULE R PART II ITEMS (2)+. SANTA BARBARA COMMUNITY HOUSING CORP 11 EAST HALEY STREET SANTA BARBARA CA 93101 952954450 HOUSING CA 501(C)(3) 9 NA false ATRIUM APARTMENTS INC 11 EAST HALEY STREET SANTA BARBARA CA 93101 770152686 HOUSING CA 501(C)(3) 9 SBCHC false BATH STREET APARTMENTS INC 11 EAST HALEY STREET SANTA BARBARA CA 93101 770234986 HOUSING CA 501(C)(3) 9 SBCHC false CASTILLO HOMES INC 11 EAST HALEY STREET SANTA BARBARA CA 93101 770194733 HOUSING CA 501(C)(3) 9 SBCHC false FAULDING HOTEL INC 11 EAST HALEY STREET SANTA BARBARA CA 93101 770197146 HOUSING CA 501(C)(3) 9 SBCHC false LOS ALAMOS SENIOR APARTMENTS INC 11 EAST HALEY STREET SANTA BARBARA CA 93101 770152354 HOUSING CA 501(C)(3) 9 SBCHC false RIVIERA HOTEL INC 11 EAST HALEY STREET SANTA BARBARA CA 93101 770184456 HOUSING CA 501(C)(3) 9 SBCHC false false false false false true false false false false false false false true false false true false false false SANTA BARBARA COMMUNITY HOUSING CORP e 528876 SEE SUPP INFO SANTA BARBARA COMMUNITY HOUSING CORP m 130363 CASH SANTA BARBARA COMMUNITY HOUSING CORP p 36246 CASH CASTILLO HOMES INC e 110000 SEE SUPP INFO TRANSACTION TYPE E LOANS PAYABLE TO SANTA BARBARA COMMUNITY HOUSING CORP. (SBCHC) OF $288,876 AND $240,000 FOR A TOTAL OF $528,876.LOAN PAYABLE TO CASTILLO HOMES, INC. OF $150,000.