2024-11-13T10:11:08-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 2055 E WARNER RD STE 101 TEMPE AZ 85284 990 2023-01-01 510152395 TRELLIS TREL 6022581659 1405 E MCDOWELL RD 100 PHOENIX AZ 85006 BRENDA LOPEZ INTERIM CEO 6022581659 2024-11-12 1 0 SHARLYNN GARZA P02038329 4808394900 2024-11-12 2023 2024-10-15 13:58:12Z BRENDA LOPEZ 1405 E MCDOWELL RD 100 PHOENIX AZ 85006 5116371 0 X WWW.TRELLISAZ.ORG X 1975 AZ TRELLIS IS DEDICATED TO MAKING STABLE HOMES AND COMMUNITIES POSSIBLE BY EDUCATING, BUILDING AND LENDING. 16 16 28 30 99172 0 1735296 2895077 560758 1644195 222 29852 578031 519568 2874307 5088692 150000 293825 0 0 1883668 1645738 0 0 131210 952726 1277723 2986394 3217286 -112087 1871406 15452926 15351726 5790354 3817747 9662572 11533979 X TRELLIS IS DEDICATED TO MAKING STABLE HOMES AND COMMUNITIES POSSIBLE BY EDUCATING, BUILDING AND LENDING. 0 0 756640 30000 364615 2)1) LOAN AND LENDING SERVICES - TRELLIS IS A LICENSED MORTGAGE BANKER IN THE STATE OF ARIZONA AND A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPROVED SECONDARY LENDER. TRELLIS ORIGINATES AND SERVICES FIRST AND SECOND MORTGAGE LOANS AND DOWN PAYMENT/CLOSING COST ASSISTANCE. TRELLIS DEVELOPS AND/OR ADMINISTERS SPECIAL MORTGAGE PROGRAMS DESIGNED TO MEET THE CREDIT NEEDS OF ALL BORROWERS, PARTICULARLY LOW-TO-MODERATE INCOME BORROWERS. LOAN TERMS MAY VARY FROM CONVENTIONAL INTEREST-BEARING, FULLY-AMORTIZING LOANS TO FULLY-FORGIVABLE LOANS THAT SUBSIDIZE HOME PURCHASES. 630336 149900 1449972 AFFORDABLE HOME DEVELOPMENT - THROUGH ITS AFFILIATE MISSION HOUSING LLC, TRELLIS PARTNERED IN A LOW-INCOME HOUSING TAX CREDIT PROJECT TO BUILD AND LEASE 42 TOWNHOMES IN NORTH-CENTRAL PHOENIX. AFFORDABLE HOME DEVELOPMENT ALSO INCLUDES THE ACTIVITIES OF TRELLIS REALTY, LLC WHICH ACTS AS A BROKER TO SELL PROPERTIES DEVELOPED AND OWNED BY TRELLIS; ASSISTS CLIENTS IN SELLING AND PURCHASING PROPERTIES NOT OWNED BY TRELLIS; AND LIST PROPERTIES OWNED BY THE CITY OF PHOENIX FOR SALE TO FIRST-TIME HOMEBUYERS. 338891 126563 HOMEBUYER EDUCATION, COUNSELING AND FINANCIAL COACHING - TRELLIS OFFERS ONE-ON-ONE AND PRE- AND POST-PURCHASE HOUSING COUNSELING AND FINANCIAL COACHING; HOMEBUYER EDUCATION ONSITE AND ONLINE; AND CREDIT AND MONEY MANAGEMENT WORKSHOPS IN BOTH ENGLISH AND SPANISH. TRELLIS VOLUNTARILY ADOPTED THE NATIONAL INDUSTRY STANDARDS FOR HOMEOWNERSHIP AND COUNSELING WHICH ESTABLISHES STANDARDS FOR EDUCATION AND COUNSELING SERVICES AND SETS AGENCY TRAINING STANDARDS. TRELLIS HAS THREE HOUSING COUNSELORS WHO MEET THE EXPANDED DODD-FRANK HUD COUNSELOR CERTIFICATION. 515282 113925 153295 COMMUNITY BUILDING AND ENGAGEMENT - TRELLIS SUPPORTS SMALL BUSINESSES AND RESIDENT ENGAGEMENT, LEADERSHIP AND PARTICIPATION IN THE REVITALIZATION OF A LOCAL COMMERCIAL CORRIDOR. LA CIUDAD - TO OWN AND MANAGE THE ORGANIZATION'S CORPORATE OFFICE BUILDING. EMERGENCY ASSISTANCE - TRELLIS WAS ENGAGED BY THE OWNER OF A LOCAL MOBILE-HOME PARK TO PROVIDE COUNSELING AND ASSISTANCE TO RESIDENTS WHO WERE BEING DISPLACED. 515282 113925 153295 2241149 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 29 0 28 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6022581659 1405 E MCDOWELL RD 100 PHOENIX AZ 85006 CHIN FOO ANGELO DIRECTOR (THRU 12/18/23) 1.00 X 0 0 0 ROBERTS CYNDI DIRECTOR (THRU 09/14/23) 1.00 X 0 0 0 O'CONNELL TIM DIRECTOR (THRU 12/14/23) 1.00 X 0 0 0 LONGORIA DAVID DIRECTOR (THRU 12/14/23) 1.00 X 0 0 0 THOMAS KATIE DIRECTOR 1.00 X 0 0 0 SCHEEL BILL DIRECTOR 1.00 X 0 0 0 JARAMILLO GABRIEL DIRECTOR (THRU 12/14/23) 1.00 X 0 0 0 CHAVES PEDRO DIRECTOR 1.00 X 0 0 0 GARCIA FABIO DIRECTOR 1.00 X 0 0 0 SPENCER GINGER DIRECTOR 1.00 X 0 0 0 SOLORIO CHRISTIAN DIRECTOR (THRU 10/12/23) 1.00 X 0 0 0 ROMERO MICHAEL DIRECTOR 1.00 X 0 0 0 BUENO JESSICA DIRECTOR (THRU 08/10/23) 1.00 X 0 0 0 ENRIQUEZ FRANK DIRECTOR (THRU 03/30/23) 1.00 X 0 0 0 BUTLER REID DIRECTOR 1.00 X 0 0 0 TOWNSEND FELICIA DIRECTOR 1.00 X 0 0 0 DARTEZ KIM DIRECTOR 1.00 X 0 0 0 DOMBEK RALEIGH DIRECTOR 1.00 X 0 0 0 ORTEGA KRISTOPHER DIRECTOR 1.00 X 0 0 0 GAVIN LAYA DIRECTOR 1.00 X 0 0 0 VAN DER VEEN KIM DIRECTOR 1.00 X 0 0 0 JAMES ABRAHAM B III CHAIR 1.00 X X 0 0 0 BUSCHING MARCIA VICE CHAIR 1.00 X X 0 0 0 MILLER JAMESON TREASURER 1.00 X X 0 0 0 THAKKAR SIMA SECRETARY (THRU 12/18/23) 1.00 X X 0 0 0 TRAILOR MICHAEL CEO (THRU 7/3/2023) 35.00 5.00 X 86019 0 4060 LOPEZ BRENDA INTERIM CEO 35.00 5.00 X 98699 0 3083 FEIGHT JEFFERY CFO (THRU 7/3/2023) 35.00 5.00 X 64400 0 6150 249118 0 13293 0 0 0 0 H&B BUILDERS 650 N 137TH AVE 120 GOODYEAR AZ 85338 CONSTRUCTION SERVICES 1072389 1 2929 2018006 874142 93337 2895077 AFFORDABLE HOUSING DEV 531390 1014183 1014183 LOAN SERVICING & ORIGI 522292 363811 264639 99172 HOME BUYER EDUCATION & 541990 122443 122443 EMERGENCY ASSISTANCE 624200 118758 118758 OTHER PROGRAM SERVICE 541610 25000 25000 1644195 29852 29852 30761 27679 3082 3082 3082 MANAGEMENT FEES 561000 416020 416020 RECOVERY OF BAD DEBT 561499 63300 63300 OTHER REVENUE 561499 37166 37166 516486 5088692 2064591 99172 29852 X 149900 149900 143925 143925 262411 56997 196055 9359 1152350 845436 255087 51827 20123 18748 1375 86886 66720 17770 2396 123968 79102 39735 5131 31553 31553 45669 45669 563375 296103 218594 48678 8861 4871 2389 1601 55434 40616 13560 1258 14628 12055 1128 1445 171856 171856 89548 78088 10442 1018 77257 70854 5770 633 EQUIPMENT RENTAL AND MA 135710 105993 25582 4135 DUES AND SUBSCRIPTIONS 37154 27361 8395 1398 REPAIRS AND MAINTENANCE 29426 24528 4433 465 OTHER EXPENSES 17252 16443 318 491 3217286 2241149 844927 131210 1741016 1860004 152028 21184 20000 82926 1803814 4938760 5879463 2628580 86419 76760 3215568 1357053 1953874 1858515 156000 7599 6341903 1195807 15452926 15351726 1929033 228164 376973 572960 3294113 2998427 190235 18196 5790354 3817747 X 8266618 10488413 1395954 1045566 9662572 11533979 15452926 15351726 1871406 0 X X 0 1 X 1 1 1 X 1708016 4478045 5227998 1735296 2895077 16044432 824215 1148290 1106807 560758 1647278 5287348 2532231 5626335 6334805 2296054 4542355 21331780 0 0 0 21331780 3329 3524 19475 32314 60613 119255 3329 3524 19475 32314 60613 119255 6223 27742 33965 293077 294663 502362 578031 516186 2184319 2828637 5930745 6884384 2906399 5119154 23669319 0.90120 0.90980 0.00500 0.00290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 100000 100000 100000 100000 100000 100000 453496 353496 100000 604994 151498 453496 0 0 458964 458964 2571708 1208842 1362866 184896 148211 36685 1858515 DUE FROM AFFILIATES 735210 OPERATING LEASE, RIGHT OF USE ASSET 10597 INVESTMENT IN LIMITED PARTNERSHIP 450000 1195807 DEFERRED COMPENSATION LIABILITY 7599 OPEARTING LEASE LIABILITY 10597 18196 X PART V, LINE 4: IN ACCORDANCE WITH THE ORGANIZATION'S NWA FUND AGREEMENT, THE ORGANIZATION MAY USE THE RESTRICTED NET ASSETS TO FUND MORTGAGE LOAN LOSSES. THE FUND WAS FULLY EXPENDED DURING THE YEAR ENDED DECEMBER 31, 2023. PART X, LINE 2: THE ORGANIZATION RECOGNIZES UNCERTAINTY IN INCOME TAXES IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY-THAN-NOT THAT THE TAX POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 TRELLIS COMMUNITY DEVELOPMENT 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 860632700 149900 0 CAPITAL SUPPORT OF AFFORDABLE HOUSING PROJECTS 1 1 DOWN PAYMENT ASSISTANCE SUBSIDIES TO CLIENT 3 30000 RELOCATION ASSISTANCE SUBSIDIES TO CLIENTS 30 113925 PART I, LINE 2: GRANTS TO INDIVIDUALS: A DONOR HAS PROVIDED FUNDING TO TRELLIS TO BE USED FOR DOWN PAYMENT ASSISTANCE LOANS TO LOW TO MODERATE INCOME HOMEBUYERS. IN 2023, TRELLIS ORIGINATED 3 LOANS TOTALING $30,000 TO QUALIFYING HOMEBUYERS. THE LOANS ARE FULLY FORGIVEN OVER THREE YEARS PROVIDED THE BORROWER MAINTAINS OWNERSHIP OF THE PROPERTY THROUGHOUT THAT PERIOD. ADDITIONALLY, THREE DONORS PROVIDED TRELLIS WITH FUNDING TO HELP RELOCATE RESIDENTS OF A MOBILE HOME PARK IN PHOENIX THAT WAS BEING CLOSED BY THE OWNER. TRELLIS PROVIDED DIRECT GRANTS TO 30 RESIDENTS TOTALING $113,925, ALONG WITH COUNSELING AND OTHER SERVICES. GRANT TO ORGANIZATION: TRELLIS PROVIDED A GRANT IN THE AMOUNT OF $149,900 TO AN AFFILIATE ORGANIZATION FOR CAPITAL SUPPORT OF AFFORDABLE HOUSING PROJECTS. TRELLIS AND THE AFFILATE SHARE COMMON MANAGEMENT, THE USE OF THE GRANT WILL BE OVERSEEN BY THE SAME MANAGEMENT AND THE BOARD OF THE AFFILIATE. X BELOW MARKET INTEREST 8 93337 DIFFERENCE BETWEEN M 0 1 0 PART I, COLUMN (B): NUMBER OF LOANS WITH BELOW MARKET RATES FROM CONTRIBUTORS FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE 990 AND ARE INVITED TO REVIEW, ASK QUESTIONS AND PROVIDE FEEDBACK PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES ALL MEMBERS OF THE BOARD AND ALL KEY EMPLOYEES TO COMPLETE AND SIGN AN ANNUAL WRITTEN DISCLOSURE FORM THAT REQUIRES THE DISCLOSURE OF CONFLICTS, IF ANY, AND THE RESOLUTION OF EACH CONFLICT. THE POLICY ALSO REQUIRES DISCLOSURE OF ANY CONFLICTS THAT MAY ARISE BETWEEN ANNUAL WRITTEN DISCLOSURES AND FURTHER REQUIRES THAT DIRECTORS OR EMPLOYEES WITH A CONFLICT RECUSE THEMSELVES FROM DISCUSSION AND ANY DECISIONS RELATED TO THE TOPIC CREATING THE CONFLICT. ALL DISCLOSED CONFLICTS ARE DISCUSSED BY THE BOARD OF DIRECTORS AND/OR THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS SETS THE COMPENSATION FOR THE CEO WHO, IN TURN, SETS THE COMPENSATION FOR THE ORGANIZATION'S STAFF AND OFFICERS WITHIN THE ANNUAL BUDGET APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE ALSO INCLUDED IN ITS ANNUAL REPORT, WHICH IS AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 296,103. MANAGEMENT AND GENERAL EXPENSES 218,594. FUNDRAISING EXPENSES 48,678. TOTAL EXPENSES 563,375. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. LA CIUDAD LLC 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 611446363 OFFICE BUILDING AZ 138037 1824876 TRELLIS PHOENIX HOUSING PARTNERSHIP LLC 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 HOLDING LAND FOR FUTURE DEVELOPMENT AZ 0 0 TRELLIS NHSP HOLDINGS LLC 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 CONSTRUCTION AZ 0 0 TRELLIS MISSION HOUSING LLC 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 TAX CREDIT PROJECTS AZ 2452936 4952025 TRELLIS TRELLIS REALTY LLC 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 HOME SALES AZ 81015 14930 TRELLIS TRELLIS MORTGAGE LLC 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 MORTGAGE LOANS AZ 99172 982 TRELLIS TRELLIS COMMUNITY DEVELOPMENT 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 860632700 REAL ESTATE DEVELOPMENT AZ 501(C)(3) 170(B)(1)(A)(VI) TRELLIS 1 MISSION HOUSING LP 1405 E MCDOWELL RD SUITE 100 PHOENIX AZ 85006 352651607 TAX CREDIT PROJECTS AZ MISSION HOUSING LLC 0 0 1 0.00010 1 1 0 1 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 TRELLIS COMMUNITY DEVELOPMENT Q 416020 ACTUAL REIMBURSEMENTS PAID TRELLIS COMMUNITY DEVELOPMENT D 735210 AMOUNTS ADVANCED FOR OPERATIONS TRELLIS COMMUNITY DEVELOPMENT B 149900 AFFORDABLE HOUSING SUPPORT