2024-05-15T10:54:16-05:00 2023-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2022-07-01 952756431 UNION PLAZA APARTMENTS UNIO 8059225226 120 NORTH BROADWAY SANTA MARIA CA 93454 CLIFF REYNOLDS PRESIDENT 8059225226 2024-05-15 1 CLIFF REYNOLDS 999009999 0 BRITTANY PHILLIPS P01083761 3178485700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CLIFF REYNOLDS 120 NORTH BROADWAY SANTA MARIA CA 93454 2807774 0 X N/A X 1972 CA UNION PLAZA IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION, AMONG OTHER THINGS, OWNS AND OPERATES A 122 UNIT PROPERTY KNOWN AS UNION PLAZA APARTMENTS (THE "PROPERTY") LOCATED IN SANTA MARIA, CALIFORNIA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE PROPERTY ALSO CONSISTS OF APPROXIMATELY 3,000 SQUARE FEET OF COMMERCIAL SPACE (EXCLUDING ROOF TOP SPACE) THAT IT LEASES TO VARIOUS TENANTS. 3 0 0 0 0 0 1841332 1930043 715580 859929 0 0 43683 17802 2600595 2807774 0 0 0 0 12000 12000 0 0 0 1972826 1977355 1984826 1989355 615769 818419 9006283 9499166 1058868 721332 7947415 8777834 X UNION PLAZA IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION, AMONG OTHER THINGS, OWNS AND OPERATES A 122 UNIT PROPERTY KNOWN AS UNION PLAZA APARTMENTS (THE "PROPERTY") LOCATED IN SANTA MARIA, CALIFORNIA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE PROPERTY ALSO CONSISTS OF APPROXIMATELY 3,000 SQUARE FEET OF COMMERCIAL SPACE (EXCLUDING ROOF TOP SPACE) THAT IT LEASES TO VARIOUS TENANTS. 0 0 1508565 859929 UNION PLAZA IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION, AMONG OTHER THINGS, OWNS AND OPERATES A 122 UNIT PROPERTY KNOWN AS UNION PLAZA APARTMENTS (THE "PROPERTY") LOCATED IN SANTA MARIA, CALIFORNIA, WHICH PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS. THE PROPERTY ALSO CONSISTS OF APPROXIMATELY 3,000 SQUARE FEET OF COMMERCIAL SPACE (EXCLUDING ROOF TOP SPACE) THAT IT LEASES TO VARIOUS TENANTS. 1508565 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 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 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CA X CLIFF REYNOLDS 8059225226 120 NORTH BROADWAY SANTA MARIA CA 93454 CLIFF REYNOLDS PRESIDENT 20.00 X X 4000 0 0 ANTONIO DIAZ VICE PRESIDENT 20.00 X X 4000 0 0 SUSAN CARLSON SECRETARY-TREASURER 20.00 X X 4000 0 0 12000 0 0 0 0 0 0 0 1930043 1930043 RENTAL INCOME 531110 859929 859929 859929 LAUNDRY & VENDING 531110 6803 6803 TENANT CHARGES 531110 5851 5851 OTHER REVENUE-MISC. 531110 5148 5148 17802 2807774 859929 0 17802 10800 10800 1200 1200 108545 108545 2756 2756 25164 25164 333525 333525 603751 603751 28484 28484 445594 445594 9738 9738 MGMT CO EMPLOYEE CHARGE 372117 372117 MANAGER UNIT 42288 42288 SERVICE COORDINATOR 4141 4141 BAD DEBTS 1252 1252 1989355 1508565 480790 0 897724 943558 34586 66515 106841 12295275 3992543 7987423 8302732 56511 54621 54938 9006283 9499166 93862 77883 0 1789 965006 641660 1058868 721332 X 7947415 8777834 7947415 8777834 9006283 9499166 818419 12000 0 X X 0 1 X 1 1 1 X 1640105 1767154 1771375 1841332 1930043 8950009 776611 815082 801987 715580 859929 3969189 2416716 2582236 2573362 2556912 2789972 12919198 0 0 0 12919198 1818 1818 1818 1818 46584 33861 14612 43683 17802 156542 2465118 2616097 2587974 2600595 2807774 13077558 0.98790 0.98720 0.00010 0.00060 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. PRIOR TO THE 2014 TAX RETURN FILING, SCHEDULE A, PART III, LINE 12, INCLUDED THE CORPORATION'S INTEREST REDUCTION PAYMENTS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THERE PAYMENTS WERE CORRECTLY REFLECTED AS GOVERNMENT CONTRIBUTIONS AND REPORTED ON PART VIII, LINE 1E OF THE TAX RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 392589 392589 10648646 3289097 7359549 40000 30000 10000 1214040 673446 540594 8302732 NOTES PAYABLE-LT 596733 SECURITY DEPOSITS 44927 641660 X 2807774 0 2807774 0 2807774 1971652 0 1971652 17703 17703 1989355 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION DIFFERENCE 5,703. ADDITIONAL EXPENSE 12,000. FORM 990, PART VI, SECTION B, LINE 11B RETURN IS REVIEWED BY THE MANAGEMENT TEAM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS SIGN OFF ON THE POLICY ANNUALLY AND ABSTAIN FROM ANY VOTING WHERE A CONFLICT COULD EXIST. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.