2024-10-19T10:43:06-07:00 2023-12-31 931938669 Sacramento Accounting & Advisory Group LLP 1111 Exposition Blvd Ste 100 Sacramento CA 95815 990 2023-01-01 300053792 Resident Owned Parks Inc Parent Return RESI 9163994993 7420 Greenhaven Drive Suite 125 Sacramento CA 95831 Maurice A Priest President 2024-10-19 true true Jason Russell CPA P00810533 9169669366 2023 2024-10-15 13:58:12Z 7420 Greenhaven Drive Suite 125 Sacramento CA 95831 8569789 false 5687 X https://www.affordablecommunitiesinc.com/ X 2001 CA To preserve affordable housing, including the development and preservation of affordable mobilehome park and manufactured housing community living. 6 4 27 0 1244394 383631 7399322 7783344 130507 356331 0 8774223 8523306 0 0 1202076 1239817 0 0 6408880 6616963 7610956 7856780 1163267 666526 56430962 56664043 55183909 54750464 1247053 1913579 To preserve affordable housing, including the development and preservation of affordable mobilehome park and manufactured housing community living. false false 7482836 7783344 To preserve affordable housing, including the development and preservation of affordable mobilehome park and manufactured housing community living. 7482836 true true false false false false false false false false true false false false true true true true false false false false false false false false false false false true true true false false false false true false true false true false false false false true true false false false true 46 0 true 27 true false false false false false false false 0 false false false false false false false X 6 4 true false false false false false false true true false false true true true true false false false false false CA X X Jason Russell CPA 9163994993 7420 Greenhaven Dr Ste 125 Sacramento CA 95831 Maurice A Priest President 28.00 28.00 X X 180000 0 0 Diane Priest COO/Sec/Tres 30.00 30.00 X X 133781 0 5161 Timothy Stenvick Director 1.00 1.00 X 0 0 0 John Tennyson Director 1.00 1.00 X 0 0 0 Steve Clute Director 1.00 1.00 X 0 0 0 Dan Hauser Director 1.00 1.00 X 0 0 0 313781 5161 2 false true false Russell CPAs Inc 1111 Exposition Blvd Building 100 Sacramento CA 95815 CFO 144689 Champion Home Builder Inc 840 West Palm Ave Lindsay CA 93247 Mobilehome Purchases 171072 CA Dept of Housing & Community Development PO Box 278690 Sacramento CA 95827 Interest & Principal 186132 Bank of the Sierra PO Box 1930 Porterville CA 93258 Interest & Principal 227208 California Municipal Finance Authority CMFA 2111 Palomar Airport Rd Suite 320 Carlsbad CA 92011 Interest & Principal 2114519 6 383631 383631 Fees, Permits, and Other 531390 98023 98023 Management Fee 531310 817503 817503 Rental 532000 5160422 5160422 Utilities Rebilled 221000 1707396 1707396 7783344 298685 298685 0 0 0 104129 46483 57646 57646 57646 0 0 0 0 8523306 8139675 0 0 0 0 318942 159471 159471 0 657980 619382 38598 2101 3820 -1719 200357 194284 6073 60437 53229 7208 353899 353899 100926 80742 20184 202346 161877 40469 0 0 0 189329 181699 7630 995 995 17991 14393 3598 26114 20892 5222 0 52132 37517 14615 5356 4284 1072 0 0 2455450 2455450 0 958484 958484 189659 189500 159 Utilities 1578686 1576859 1827 Repairs & Maintenance 230269 184216 46053 Property Taxes 73646 73646 License & Premits 38136 30509 7627 143545 127688 15857 7856780 7482836 373944 0 1488054 1025962 6556812 6611347 0 939390 1692704 128939 128939 0 1515 3215 0 69895 81288 48456003 9182523 39806099 39273480 0 0 626163 1330960 6713172 6447677 100923 68471 56430962 56664043 1229516 1659327 255695 249566 37030000 36585000 14228133 13744577 2440565 2511994 55183909 54750464 X -3171671 -2730184 4418724 4643763 1247053 1913579 56430962 56664043 666526 X false true X false false X 156593 283918 1244394 383631 2068536 6186388 6785967 7058371 7469992 7840990 35341708 0 0 0 6186388 6942560 7342289 8714386 8224621 37410244 0 0 37410244 83909 18868 1715 59837 298685 463014 0 83909 18868 1715 59837 298685 463014 0 0 6270297 6961428 7344004 8774223 8523306 37873258 0.98780 0.99370 0.01220 0.00630 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25964242 25964242 2405661 1216236 1189425 19911392 7899805 12011587 54183 43688 10495 120525 22794 97731 39273480 Mobile homes for sale 1330960 C Accrued Interest 1567853 Deferred Bond Premiums, net 742080 Operating Lease Liability 70596 Tenant Security Deposits 131465 2511994 X 13307914 4784608 4784608 8523306 8523306 11720791 3864011 3864011 7856780 7856780 Part X : FIN48 Footnote The Organization and all wholly owned separate legal entities are exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code (Code) and California Revenue and Taxation Code Section 23701(d). Accordingly, no provision for federal or state income taxes are included in the consolidated financial statements or on the separate tax returns. In addition, the Organization has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. Accounting standards require an organization to evaluate its tax positions and provide for a liability for any positions that would not be considered more likely than not to be upheld under a tax authority examination. Management has evaluated its tax positions and has concluded that a provision for a tax liability is not necessary for the years ended December 31, 2023 and 2022. Generally, information returns remain open for examination for a period of three (federal) or four (state of California) years from the date of filing. The IRS recognizes a group of organizations as tax-exempt if they are affiliated with a central organization. This avoids the need for each of the organizations to apply for exemption individually. A group exemption letter from the IRS has the same effect as an individual exemption letter except that it applies to more than one organization. The five corporations which are legally separate entities from the Parent Organization are exempt from taxation under the Organization's group exemption granted September 23, 2010. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Income reported on Group 990 $5602111 Consolidate Revenue Eliminated for Audit $-817503 Part XII, Line 2d: Other expenses and losses per audited F/S Expenses reported on Group 990 $4689339 Consolidate Expense Eliminated for Audit $-825328 X X false false false false false false false false false Maurice A Priest President 180000 180000 A California Municipal Fina 201563466 13049SBX1 2017-06-29 20450000 Refinance 2013A Bonds false false false B California Municipal Fina 201563466 13049SDK7 2020-12-30 17410000 Refinance 2013B Bonds false false false A 1275000 20450000 1222000 430413 17522587 2017 true true true B 17410000 1639975 610940 2787849 12180189 191047 2023 true true true A true false false true false true B true false false true false true ACI Valleybrook Vil Inc Subordinate Cash Flow X 128939 128939 false false false 128939 ACI Friendly Village Inc Subordinate 185169 Management Fee Income false ROP Blue Spruce Inc Subordinate 47903 Management Fee Income false ACI Royal York Subordinate 36585 Management Fee Income false Affordable Communities In Subordinate 59427 Management Fee Income false ACI Valleybrook Vil Inc Subordinate 18233 Management Fee Income false Law Office Maurice Priest Director Legal counsel false Schedule L, Part V Supplemental Information Management fees collected from subordinates.Law office of Maurice Priest is owned by the Organizations Board President and Executive Director. Form 990, Part VI, Section A, Line 2 Maurice A. Priest, President and Director, and Diane Priest, COO & Sec/Treasurer and Director, are husband and wife. Form 990, Part VI, Section B, Line 11b The Organization hires an outside CPA firm to prepare the 990, before filing the CPA firm provides a draft copy of the 990 for review and approval by management of the Organization. Form 990, Part VI, Section C, Line 18 Consolidated audited financial, which include the activities included on the group 990, are available upon written request. Form 990, Part VI, Section C, Line 19 Governing documents are available upon written request. ROPWMCC LLC 8109 Conde Lane Windsor CA 95492 300053792 Owns and operates the Windsor Mobile Country Club CA 140486 38421977 Resident Owned Parks Inc Bluespruce Mobilehome Lodge 8800 Green Valley Rd Sebastopol CA 95472 300608448 Mobilehome Park CA 501(c)(3) 509(c)(2) Resident Owned Parks Inc false ACI Friendly Village Inc 5450 Paramount Blvd Long Beach CA 90805 854152269 Mobilehome Park CA 501(c)(3) 509(c)(2) Resident Owned Parks Inc false ACI Royal York Inc 2250 Chestnut Avenue San Bernardino CA 92410 844024330 Mobilehome Park CA 501(c)(3) 509(c)(2) Resident Owned Parks Inc false ACI Valleybrook Village Inc 3205 28th Street Court East Tacoma WA 98443 842246872 Mobilehome Park WA 501(c)(3) 509(c)(2) Resident Owned Parks Inc false Affordable Communities Inc 10301 214th Avenue East Bonney Lake WA 98391 364878203 Mobilehome Park WA 501(c)(3) 509(c)(2) Resident Owned Parks Inc false false false false false true false false false false false false false true false true false false false false Bluespruce Mobilehome Lodge m 47903 Cash Paid Bluespruce Mobilehome Lodge o 100276 Cash Paid ACI Friendly Village Inc m 185169 Cash Paid ACI Friendly Village Inc o 241777 Cash Paid ACI Royal York Inc m 36585 Cash Paid ACI Royal York Inc o 81664 Cash Paid ACI Valleybrook Village Inc e 128939 FMV at BS Date ACI Valleybrook Village Inc m 18233 Cash Paid ACI Valleybrook Village Inc o 74370 Cash Paid Affordable Communities Inc m 59427 Cash Paid Affordable Communities Inc o 110391 Cash Paid