2024-11-04T14:44:37-08:00 2023-12-31 813709413 HOFFMAN SHORT RUBIN DEWINTER SANDERSON 1037 PARK VIEW DR COVINA CA 91724 990 2023-01-01 330248725 HOMES FOR LIFE FOUNDATION HOME 3103377417 8939 S SEPULVEDA 460 LOS ANGELES CA 90045 Carol M Liess Executive Director 2024-10-28 true true Joanne Hoffman P00364437 6269320100 X 2023 2024-10-15 13:58:12Z 8939 S SEPULVEDA 460 LOS ANGELES CA 90045 7541615 false X N/A X 1987 CA TO DEVELOP COMMUNITY HOUSING FOR THE CHRONICALLY MENTALLY DISABLED AND TO DELIVER MENTAL HEALTH AND CASE MANAGEMENT SERVICES TO ITS CLIENTS. 12 12 67 0 6220476 6468871 1149113 1168405 178508 -95661 0 7548097 7541615 0 0 3581140 3586606 0 0 4183370 4281133 7764510 7867739 -216413 -326124 8699070 10453298 19387410 21467762 -10688340 -11014464 TO DEVELOP COMMUNITY HOUSING FOR THE CHRONICALLY MENTALLY DISABLED AND TO DELIVER MENTAL HEALTH AND CASE MANAGEMENT SERVICES TO ITS CLIENTS. false false 5892955 7637276 Homes for life Foundation owns and operates 11 housing sites / facilities for the mentally ill. Many of the residents of these homes receive three nutritious meals daily, as well as planned activity programs and care and supervision, as required. Homes for Life Foundation is in the process of developing additional housing projects to care for the mentally ill and also to provide mental health and case management services. 5892955 true true false false false false false false false false true false false true true 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 false false false false false true 32 0 true 67 true false false false false false false false 0 false false false false false false false X 12 12 false false false false false false false true false false false false true false false true true false false false CA X CAROL M LIESS Exec Director 3103377417 8939 S Sepulveda 460 Los Angeles CA 900453616 X Carol Liess Executive Director 40.00 0.00 137795 0 0 Nadine Moreno-Fimbres Head of Services 40.00 0.00 128535 0 0 Meressa Naftulin Director 1.00 0.00 X 0 0 0 Teri McHugh PhD Director 1.00 0.00 X 0 0 0 Kathryn McBride Director 1.00 0.00 X 0 0 0 Roger Goff JD Director 1.00 0.00 X 0 0 0 Madeleine Mamaux Director 1.00 0.00 X 0 0 0 Elizabeth S Krider PhD Director 1.00 0.00 X 0 0 0 Larry Haramoto Chairman 2.00 0.00 X 0 0 0 David Stairs Secretary 1.00 0.00 X 0 0 0 David Bailey Treasurer 4.00 0.00 X 0 0 0 Chris Gundel PhD Vice President 2.00 0.00 X 0 0 0 Bentley Paul Stansbury JrEdD President 2.00 0.00 X 0 0 0 266330 2 false false false 24 HOUR MEDICAL SERVICES 22632 GOLDEN SPRINGS DR 370 DIAMOND BAR CA 91765 FACILITIES STAFF 1180529 1 5666454 802417 124603 6468871 Program Support Income 948612 948612 Rental Income 219793 219793 1168405 -95661 -95661 0 0 0 0 0 0 0 0 7541615 1072744 0 0 0 0 137795 137795 0 3187505 2121967 1065538 0 0 261306 167152 94154 0 0 0 0 0 0 62368 35057 27311 0 299874 152938 146936 0 0 177853 95671 82182 0 0 0 10 10 0 517331 497317 20014 710260 435930 274330 Outside Services 1106716 1090819 15897 Deferred Interest 305071 305071 Repair & Maintenance 236885 209049 27836 Groceries 232094 231484 610 632671 550490 82181 7867739 5892955 1974784 0 1021277 417612 957056 939178 1392225 1742339 267877 381655 0 0 0 0 0 13238812 10790939 2795130 2447873 703382 608947 0 0 0 1562123 3915694 8699070 10453298 265568 223890 5954764 5953924 13167078 15289948 19387410 21467762 X -10688340 -11014464 -10688340 -11014464 8699070 10453298 -326124 X false true X true true true X 808723 802611 762287 845638 802417 4021676 0 0 808723 802611 762287 845638 802417 4021676 209522 3812154 1490 297 132 132 167 2218 0 0 4023894 0.94740 0.95010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 927653 927653 2218765 1317200 901565 9695626 9225579 470047 231835 129281 102554 164933 118879 46054 2447873 Deposits 6892 Prepaid expenses 388779 ROU - Financing Lease 12707 ROU - Operating Lease 3507316 3915694 Accrued Interest 3812788 Commitments and Contingencies 7400691 Contract Advance 199831 Deposit Held in Trust 335738 LEASE OBLIGATION CURRENT PORTION 95692 LEASE OBLIGATION -NON CURRENT 3445208 15289948 X 1 124603 Market Value false false false Form 990, Part VI, Section B, Line 11b The Organization senior management is responsible for reviewing the tax return prior to filing. Form 990, Part VI, Section C, Line 19 The Organization's Executive Director maintains the custody of its governing documents and financial record at the corporate office and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization has a written Conflict of Interest Policy and can be provided for public inspection by the Organization. Statement Note 1 HOMES FOR LIFE FOUNDATIONFEIN 333-03248725FORM 990PART X (Other Liabilities) - Schedule DLine 3COMMITMENTS AND CONTINGENCIES - FORGIVABLE DEBTThe Organization has received loans from various agencies with the stipulation in the agreements that should the Organization comply with the terms of the agreement the debt along with any accrued interest will be forgiven once the compliance period has ended. Beginning End of year of yearCommitments and contingencies forgivable consists of the following: $400,000 subsidy payable to the Department of Housing and Urban Development; dated 7/30/1998; secured deed of trust 400,000 400,0003% $1,437,335 note payable (residual receipt note)to the Housing Authority of the County of Los Angeles; dated 3/28/2002; interest and principal due in arrears in annual installments, maturing 3/15/2021; secured by land & building 1,437,335 1,437,3353% $200,000 note payable to the Affordable Housing Program;dated 10/4/2005; secured deed of trust 200,000 200,000 $400,000 subsidy payable to the Department of Housing and Urban Development; dated 7/30/1998; secured deed of trust 400,000 400,000$400,000 subsidy payable to the Department of Housing and Urban Development; dated 7/30/1998; secured deed of trust 400,000 400,0003% $1,619,589 deferred interest note payable to State ofCalifornina Department of Housing and Community Development; dated 10/27/2008; principal and interestdue 1/13/2064; secured by deed of trust 1,619,569 1,619,5693% $1,147,760 deferred interest note payable to State ofCalifornia Development of Housing and Community Developement; dated 10/27/2008; prinicipal and interestdue 10/27/2063; secured by deed of trust 1,147,760 1,147,760TOTAL COMMITMENTS AND CONTINGENCIES - FORGIVABLE DEBT $ 5,604,664 $ 5,604,664ACCRUED INTEREST $ 1,681,510 $ 1,796,027 TOTAL COMMITMENTS AND CONTINGENCIES - FORGIVABLE DEBT AND ACCRUED INTEREST $ 7,286,174 $ 7,400,691 Statement Note 2 HOMES FOR LIFE FOUNDATIONFEIN 333-03248725FORM 990PART X - Balance SheetLine 23 Beginning End of year of yearMortgages and Notes Payable - consists of the following:7% variable interest rate note payable to CitiBank; dated4/1/1993; monthly payments of principal and interest of$466; maturing 5/1/2023; secured by land and building 393 -7% variable interest rate note payable to CitiBank; dated2/1/1993; monthly payments of principal and interest of$213; maturing 3/1/2023; secured by land and building 447 -3% deferred interest note payable to California State Department of Housing and Community Development;dated 9/19/1989; principal and interest due 9/19/2019; secured by land and building 160,000 160,000$80,000 non-interest bearing note payable to City of Pasadena (Community Development Block Grant funds); dated 3/8/1994; no specified maturity date; secured by land and building 79,240 79,2403% deferred interest note payable to California StateDepartment of Housing and Community Development;dated 12/13/1989; principal and interest due 12/13/2019; secured by land and building 140,000 140,000 Non-interest bearing note payable to Community DevelopmentDepartment of City of Los Angeles; dated 12/4/1989; principal due upon the sale of 4902 Buchanan; secured by land and building 36,000 36,0003% note payable to Community Redevelopment Agency of theCity of Los Angeles; dated 10/3/1989; principal and interest due only from residual receipts; maturing 10/3/2019; secured by land and buildind 55,000 55,0003% deferred interest note payable to California StateDepartment of Housing and Community Development; dated 2/11/1991; principal and interest due 2/11/2021; secured by land and building 200,000 200,0005% acquisition and pre-development note payable to theHousing Department of the City of Los Angeles; dated 2/4/1998; interest and principal due 2/4/2038; securedby land and building 172,445 172,4453% $615,480 note payable to Housing Authority of Countyof Los Angeles; dated 9/20/2001; principal and interestdue in arrears in annual installments, maturing 3/15/2031;secured by deed of trust 604,120 604,120 Beginning End of year of year3% $723,821 note payable to Housing Authority of CountyLos Angeles; dated 10/15/2001; principal and interestdue in arrears in annual installments, maturing 3/15/2031;secured by deed of trust 703,438 703,4383% $696,628 note payable to Housing Authorityof County of Los Angeles; dated 7/10/2003; principal and interest due in arrears in annual installment, maturing 3/15/2032; secured by deed of trust 614,570 614,5703% $1,207,213 note payable (residual receipt note)to the Housing Authority of the County of Los Angeles; dated 4/29/2004;interest and principal due in arrears in annual installments,maturing 3/15/2025; secured by land and building 1,207,213 1,207,2133% $2,014,905 interim note payable to Community DevelopmentCommission of the County of Los Angeles; dated 9/27/2005;principal and interest due in arrears in annual installments,maturing 3/15/2061; secured by land and building 828,074 828,0743% $675,232 note payable (residual receipt note)to the Housing Authority of the County of Los Angeles; dated 2/3/2004; interest and principal due in arrears in annual installments, maturing 3/15/2025; secured by land and building 675,231 675,2313% $1,361,258 interim note payable to Community DevelopmentCommission of the County of Los Angeles; dated 9/27/2005;principal and interest due in arrears in annual installments,maturing 3/15/2061; secured by land and building 478,593 478,593TOTAL MORTGAGE AND OTHER NOTES PAYABLE $ 5,954,764 $ 5,953,924 Statement Note 3 HOMES FOR LIFE FOUNDATIONFEIN 333-03248725FORM 990PART X - Balance SheetLine 11 Beginning End of year of yearChevron - shares owned 3,170, each year $ 568,983 $ 472,837Proctor and Gamble - shares owned 325, each year 49,257 47,626Walt Disney Company - shares owned 980 85,142 88,484 TOTAL $ 703,382 $ 608,947