2024-05-15T13:46:38-05:00 2023-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2022-07-01 330043075 MAR VISTA ELDORADO INC MARV 7656442555 115 S CLEMENTINE ST OCEANSIDE CA 920543046 PETE JAMES PRESIDENT 7656442555 2024-05-14 1 PETE JAMES 999009999 0 HEATHER L PLAKE P01083117 3178485700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MAR VISTA APARTMENTS PETER JAMES 115 S CLEMENTINE ST OCEANSIDE CA 920543046 831516 0 X N/A X 1984 CA THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 73 UNIT APARTMENT COMMUNITY IN OCEANSIDE, CALIFORNIA, KNOWN AS MAR VISTA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 4 4 0 0 0 0 534932 551364 255464 276903 53 53 2958 3196 793407 831516 0 0 0 0 0 0 0 0 0 858343 935401 858343 935401 -64936 -103885 3936775 3825687 58792 51588 3877983 3774099 X THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 73 UNIT APARTMENT COMMUNITY IN OCEANSIDE, CALIFORNIA, KNOWN AS MAR VISTA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 0 0 807994 276903 THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE A 73 UNIT APARTMENT COMMUNITY IN OCEANSIDE, CALIFORNIA, KNOWN AS MAR VISTA APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT. 807994 1 1 0 0 0 0 0 0 0 0 1 0 1 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 CA X X DWIGHT HARGETT 8129878344 11250 IDLEWOOD DR FISHERS IN 46037 X X PETER JAMES PRESIDENT 0.50 0.50 X X 0 0 0 JOHN QUINTANA VICE PRESIDENT 0.50 0.50 X X 0 0 0 JUNE M CHAPMAN SCRETARY/TREASURER 0.50 0.50 X X 0 0 0 ALVIN EDWARDS DIRECTOR 0.50 0.50 X 0 0 0 0 0 0 0 0 0 0 0 551364 551364 RENTAL INCOME 531110 276903 276903 276903 53 53 LAUNDRY & VENDING 531110 3186 3186 MISCELLANEOUS REVENUE 531110 10 10 3196 831516 276903 0 3249 75948 75948 16020 16020 866 866 34573 34573 304676 304676 122200 122200 42004 42004 MGMT COMPANY EMPLOYEE C 332403 332403 MISCELLANEOUS FINANCIAL 6711 6711 935401 807994 127407 0 64687 17861 186 0 7376045 4107616 3390629 3268429 226312 267100 254961 272297 3936775 3825687 40495 23001 18297 28587 58792 51588 X 3877983 3774099 3877983 3774099 3936775 3825687 -103885 0 X X 0 1 X 1 1 1 X 429891 469115 503422 534932 551364 2488724 429891 469115 503422 534932 551364 2488724 2488724 99 90 44 53 53 339 1899 2628 3199 2958 3196 13880 2502943 1269927 0.99430 0.99400 X SCHEDULE A, PART II, LINE 10: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1190000 1190000 5911294 3878265 2033029 145963 102844 43119 128788 126507 2281 3268429 RESERVE REPLACEMENT FUND 242639 C RESIDUAL RECEIPTS 24461 C 267100 SECURITY DEPOSITS 22698 CONSTRUCTION IN PROGRESS 199163 PREPAID EXPENSES 8432 TAX & INSURANCE RESERVE 42004 272297 SECURITY DEPOSITS 21876 OTHER LIABILITIES 6711 28587 X 831516 0 831516 0 831516 964290 28890 28890 935400 0 935400 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 FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATIONS FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE IN DEPRECIATION 28,890. FORM 990, PART VI, SECTION A, LINE 3 MAR VISTA ELDORADO, INC. IS MANAGED BY BVM RC MANAGEMENT COMPANY INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. BVM RC MANAGEMENT COMPANY INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED BVM RC MANAGEMENT COMPANY INC. TO MANAGE THE MAR VISTA ELDORADO, INC. APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF THIS CORPORATION WILL CONSIST OF INCORPORATED AND UNINCORPORATED CONGREGATIONS OF THE CHURCH OF GOD IN SAN DIEGO COUNTY IN FELLOWSHIP WITH THE SAN DIEGO COUNTY MINISTER'S FELLOWSHIP, THE ASSOCIATION OF THE CHURCH OF GOD OF SOUTHERN CALIFORNIA, AND THE GENERAL ASSEMBLY OF THE CHURCH OF GOD WHOSE OFFICES ARE AT ANDERSON, INDIANA. FORM 990, PART VI, SECTION A, LINE 7B THE BYLAWS MAY BE AMENDED BY A TWO-THIRDS MAJORITY VOTE OF THE RECOGNIZED MEMBERS PRESENT AT ANY REGULAR MEETING OR SPECIAL MEETING OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. 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 VII, SECTION A, LINE 1A, COLUMN B HOURS WORKED FOR RELATED ORGANIZATIONS: ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDITING FUNCTION: 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. ELDORADO CHURCH OF GOD HOME INC 115 S CLEMENTINE OCEANSIDE CA 92054 956056128 LOW INCOME ELDERLY HOUSING CA 7 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0