2024-11-15T13:51:39-06:00 2023-12-31 943108253 NOVOGRADAC & COMPANY LLP 2033 N MAIN STREET SUITE 400 WALNUT CREEK CA 94596 990 2023-01-01 942590869 COMMUNITY HOUSING DEVELOPERS INC COMM 4082797662 95 S MARKET STREET NO 610 SAN JOSE CA 95113 WENDY CRUZ EXECUTIVE DIRECTOR 4082797662 2024-11-15 1 0 KEVIN T WILSON P01313212 9259494300 2023 2024-10-15 13:58:12Z WENDY CRUZ 95 S MARKET STREET NO 610 SAN JOSE CA 95113 4058368 0 X HTTP://WWW.COMMUNITYHOUSINGSV.ORG/ X 1979 CA TO INCREASE AND MAINTAIN THE SUPPLY OF QUALITY, AFFORDABLE HOUSING IN SANTA CLARA COUNTY AND OTHER COUNTIES OR STATES UPON SPECIFIC APPROVAL BY THE BOARD OF DIRECTORS TO MEET THE NEEDS OF LOW- AND MODERATE-INCOME PERSONS, PARTICULARLY THOSE WITH SPECIAL NEEDS SUCH AS SENIORS, SINGLE PARENT FAMILIES AND THE PHYSICALLY DISABLED. 6 6 20 0 0 0 0 0 3686028 4048269 9397 10099 0 0 3695425 4058368 0 0 0 0 1204314 1396909 0 0 0 3522121 3386901 4726435 4783810 -1031010 -725442 20267470 19333522 23310473 23101967 -3043003 -3768445 X TO INCREASE AND MAINTAIN THE SUPPLY OF QUALITY, AFFORDABLE HOUSING IN SANTA CLARA COUNTY AND OTHER COUNTIES OR STATES UPON SPECIFIC APPROVAL BY THE BOARD OF DIRECTORS TO MEET THE NEEDS OF LOW- AND MODERATE-INCOME PERSONS, PARTICULARLY THOSE WITH SPECIAL NEEDS SUCH AS SENIORS, SINGLE PARENT FAMILIES AND THE PHYSICALLY DISABLED. 0 0 3921539 4048269 DEVELOPMENT, MANAGEMENT, RENTAL AND REHABILITATION OF HOUSES AND RENTAL UNITS FOR LOW INCOME FAMILIES. 3921539 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 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 19 0 20 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 4082797662 95 S MARKET STREET SUITE 610 SAN JOSE CA 95113 JUDY PFAHNL CHAIR 0.50 X X 0 0 0 BOB BROWNSTEIN TREASURER 0.50 X X 0 0 0 JASON FLORES SECRETARY 0.50 X X 0 0 0 TERRY SZEWCZYK BOARD MEMBER 0.50 X 0 0 0 JESSE JONG BOARD MEMBER 0.50 X 0 0 0 TARUN PATEL BOARD MEMBER 0.50 X 0 0 0 WENDY CRUZ EXECUTIVE DIRECTOR 40.00 X 246543 0 0 ANAND SHAH VP DEVELOPMENT 40.00 X 180000 0 0 426543 0 0 2 0 1 0 0 RENTAL 532000 3688056 3688056 PROPERTY MANAGEMENT FE 532000 161280 161280 COMPLIANCE FEE 532000 98800 98800 OTHER REVENUE 532000 56145 56145 ACCOUNTING FEE 532000 27600 27600 16388 16388 4048269 10099 10099 4058368 4048269 0 10099 426543 426543 703103 632793 70310 187492 168743 18749 79771 71794 7977 2461 2215 246 7517 6765 752 126800 114120 12680 108976 98078 10898 140629 126566 14063 28576 25718 2858 38276 34448 3828 741506 667355 74151 719672 647705 71967 428661 385795 42866 UTILITIES 477575 429818 47757 MAINTENANCE 336086 302477 33609 GENERAL AND ADMINISTRAT 129296 116366 12930 PROPERTY TAX 84407 75966 8441 16463 14817 1646 4783810 3921539 862271 0 1000 1000 1057094 177533 1648867 1463643 1871307 1861533 52618 88394 26285069 14565154 12230344 11719915 1671014 1634650 1735226 2386854 20267470 19333522 473886 424524 18053733 17831791 4782854 4845652 23310473 23101967 X -3043003 -3768445 -3043003 -3768445 20267470 19333522 -725442 0 X X 0 1 X 1 0 X 182863 182863 3331778 3659220 3288217 3686028 4048269 18013512 3331778 3659220 3471080 3686028 4048269 18196375 0 0 0 18196375 66699 44832 8973 9397 10099 140000 66699 44832 8973 9397 10099 140000 3398477 3704052 3480053 3695425 4058368 18336375 0.99240 0.99080 0.00760 0.00920 X 4971897 4971897 15928434 11571837 4356597 5333125 2968899 2364226 51613 24418 27195 11719915 PARTNERSHIP INVESTMENTS 1510265 C ESCROW DEPOSITS 124385 C 1634650 RELATED PARTY RECEIVABLE 1521320 RIGHT OF USE ASSET - LEASES 199573 UTILITY DEPOSITS 13584 REPLACEMENT RESERVES 462914 TENANT SECURITY DEPOSITS 189463 2386854 SECURITY DEPOSITS PAYABLE 190053 LEASE LIABILITY 200332 ACCRUED INTEREST ON NOTES PAYABLE 4423700 PREPAID RENT 31567 4845652 X PART X, LINE 2: THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE CORPORATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THEIR EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE CORPORATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. CALIFORNIA TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS FOUR YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE CORPORATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL AND STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 WENDY CRUZ EXECUTIVE DIRECTOR 221000 0 25543 0 0 0 0 0 0 0 246543 0 0 0 ANAND SHAH VP DEVELOPMENT 180000 0 0 0 0 0 0 0 0 0 180000 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B COMMITTEE MEETING MINUTES BY COMMITTEE CHAIR. FORM 990, PART VI, SECTION B, LINE 11B THE REVIEW OF FORM 990 IS CONDUCTED DURING THE AUDIT AND TAX RETURN APPROVAL PROCESS BY A MEMBER OF THE MANAGEMENT GROUP AS WELL AS BY THE CEO FOR ACCURACY AND TIMELINESS OF FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C REGULAR DISCUSSION AND DISCLOSURE AS PART OF REGULAR BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C NO CHANGE IN THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS OF INDEPENDENT ACCOUNTANT FROM PRIOR YEARS. 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