2024-11-05T15:39:29-06:00 2023-12-31 943108253 NOVOGRADAC AND COMPANY LLP 1144 HOOPER AVENUE SUITE 203 TOMS RIVER NJ 08753 990 2023-01-01 942814436 MARIN HOUSING DEVELOPMENT CORPORATION MARI 4154912525 4020 CIVIC CENTER DR SAN RAFAEL CA 94903 KIMBERLY CARROLL EXECUTIVE DIRECTOR 4154912525 2024-11-05 1 1 RICHARD M LARSEN P01233142 7325034257 2023 2024-10-15 13:58:12Z KIMBERLY CARROLL 4020 CIVIC CENTER DR SAN RAFAEL CA 949034173 648409 0 X MARINHOUSING.ORG X 1979 CA PROVIDE ASSISTANCE TO THE HOUSING AUTHORITY OF THE COUNTY OF MARIN, A PUBLIC BODY, CORPORATE AND POLITIC, IN THE STATE OF CA, BY FINANCING OR CARRYING OUT THE ACQUISITION, CONSTRUCTION, REHABILITATION AND EQUIPPING OF RENTAL HOUSING FOR PERSONS OF LOW-INCOME, ON SITES LOCATED IN THE COUNTY OF MARIN. THE CORPORATION OWNS A 28-UNIT PROPERTY IN SAN RAFAEL, CA. 8 8 0 8 0 0 0 0 648545 628377 2894 12295 13405 7737 664844 648409 0 0 0 0 38984 69232 0 0 0 586479 574686 625463 643918 39381 4491 2301661 2381882 1304159 1379889 997502 1001993 X MARIN HOUSING DEVELOPMENT CORPORATION WAS ESTABLISHED TO MAINTAIN, IMPROVE, AND INCREASE THE SUPPLY OF AFFORDABLE HOUSING IN THE COUNTY OF MARIN, CA, BY FINANCING OR CARRYING OUT THE ACQUISITION, CONSTRUCTION, REHABILITATION, REMODELING, AND EQUIPPING OF HOUSING UNITS FOR PERSONS OF LOW-INCOME. THIS CORPORATION OWNS A 28-UNIT HOUSING DEVELOPMENT, KNOWN AS SUNDANCE. 0 0 573405 628377 THE MAJORITY OF REVENUE IS FROM RENTAL ACTIVITY FOR THE 28-UNIT PROPERTY LOCATED IN SAN RAFAEL, CA.EXPENSES INCLUDE MANAGEMENT FEES, SALARIES AND BENEFITS FOR A PROPERTY MANAGER, UTILITIES, INSURANCE, GARBAGE, LANDSCAPING, PROPERTY REPAIRS, DEBT SERVICE INTEREST, AND DEPRECIATION. 573405 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X KIMBERLY CARROLL 4154912576 4020 CIVIC CENTER DR SAN RAFAEL CA 949034173 X JEFF KELLY DIRECTOR 1.00 X 0 0 0 KIMBERLY CARROLL EXECUTIVE DIRECTOR 2.00 X 0 0 0 ADRIAN CHORLEY DIRECTOR 1.00 X 0 0 0 DAVE LATINA DIRECTOR 1.00 X 0 0 0 PAUL CUMMINGS DIRECTOR 1.00 X 0 0 0 MICHAEL WILLIS DIRECTOR 1.00 X 0 0 0 TOM DELOYE DIRECTOR 1.00 X 0 0 0 NICK ZHOU DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL ACTIVITY 531110 628377 628377 628377 12295 12295 OTHER REVENUE 531110 7737 7737 7737 648409 648409 0 0 57362 57362 9016 9016 2854 2854 89966 33962 56004 433 433 7692 7692 5921 5540 381 755 755 42280 42280 50398 50398 22834 16398 6436 MAINTENANCE 156641 156641 UTILITIES 92936 92936 OTHER EXPENSES 81582 81582 BAD DEBT 23248 23248 643918 573405 70513 0 854864 278393 0 758413 315527 168068 15037 15319 2896742 1769318 1085814 1127424 30419 34265 2301661 2381882 106064 188251 2424 7502 1168662 1142194 27009 41942 1304159 1379889 X 997502 1001993 997502 1001993 2301661 2381882 4491 0 X 0 1 X 0 0 X X 1 HOUSING AUTHORITY OF THE COUNTY OF MARIN 946002988 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X SCHEDULE A SECTION E LINE 1C 4 OF 9 DIRECTORS OF THE MARIN HOUSING DEVELOPMENT CORPORATION ("MHDC") ARE ALSO EMPLOYEES OF THE HOUSING AUTHORITY OF THE COUNTY OF MARIN. MHDC HAS NO EMPLOYEES. THE ACCOUNTING RECORDS ARE MAINTAINED BY THE HOUSING AUTHORITY OF THE COUNTY OF MARIN. MHDC OWNS A 28-UNIT APARTMENT COMPLEX IN THE COUNTY OF MARIN. THE UNITS ARE RENTED TO LOW-INCOME FAMILIES, INDIVIDUALS, ELDERLY, AND HANDICAPPED CITIZENS. MHDC WAS ESTABLISHED TO MAINTAIN, IMPROVE AND INCREASE THE SUPPLY OF LOW-INCOME HOUSING IN THE COUNTY OF MARIN. THIS SUPPORTS THE HOUSING AUTHORITY OF THE COUNTY OF MARIN WHICH WAS FORMED TO DEVELOP AND IMPLEMENT HOUSING PROGRAMS THROUGHOUT THE COUNTY OF MARIN. THE HOUSING AUTHORITY CONSIDERS MHDC TO BE A DISCRETELY PRESENTED COMPONENT UNIT OF THE AUTHORITY. SCHEDULE A SECTION D, LINE 3 4 OF 9 DIRECTORS OF THE MARIN HOUSING DEVELOPMENT CORPORATION ("MHDC") ARE ALSO EMPLOYEES OF THE HOUSING AUTHORITY OF THE COUNTY OF MARIN. MHDC HAS NO EMPLOYEES. THE ACCOUNTING RECORDS ARE MAINTAINED BY THE HOUSING AUTHORITY OF THE COUNTY OF MARIN. MHDC OWNS A 28-UNIT APARTMENT COMPLEX IN THE COUNTY OF MARIN. THE UNITS ARE RENTED TO LOW-INCOME FAMILIES, INDIVIDUALS, ELDERLY, AND HANDICAPPED CITIZENS. MHDC WAS ESTABLISHED TO MAINTAIN, IMPROVE AND INCREASE THE SUPPLY OF LOW-INCOME HOUSING IN THE COUNTY OF MARIN. THIS SUPPORTS THE HOUSING AUTHORITY OF THE COUNTY OF MARIN WHICH WAS FORMED TO DEVELOP AND IMPLEMENT HOUSING PROGRAMS THROUGHOUT THE COUNTY OF MARIN. THE HOUSING AUTHORITY CONSIDERS MHDC TO BE A DISCRETELY PRESENTED COMPONENT UNIT OF THE AUTHORITY. 579500 579500 2139789 1591865 547924 177453 177453 0 1127424 TENANT SECURITY DEPOSITS 31127 OTHER CURRENT LIABILITIES 10815 41942 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BOARD FOR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ABSTAIN FROM VOTING ON ANY RESOLUTION FOR WHICH THEY HAVE A CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.