2024-05-15T16:46:48-05:00 2023-06-30 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2022-07-01 953909215 SINGLE ROOM OCCUPANCY HOUSING CORPORATION SING 2132299640 1055 W 7TH STREET LOS ANGELES CA 90017 ANITA NELSON CEO 2132299640 2024-05-15 1 ANITA NELSON XXX-XX-XXXX 1 JOLANTA TUCK CPA P01340068 9164429100 2024-05-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANITA NELSON 1055 W 7TH STREET LOS ANGELES CA 90017 23827281 0 X WWW.SROHOUSING.ORG X 1984 CA SRO HOUSING IS DEDICATED TO BUILDING A VIBRANT COMMUNITY FOR HOMELESS AND LOW-INCOME INDIVIDUAL MEN AND WOMEN. WE PURSUE OUR MISSION OF COMMUNITY REVITALIZATION BY PROVIDING CLEAN, SAFE, AND AFFORDABLE HOUSING, MANAGING PUBLIC SPACE, AND ADMINISTERING NEEDED SUPPORTIVE SERVICES WITH OVER 2,500 UNITS, INCLUDING THOSE IN DEVELOPMENT. 6 6 258 132 -437 0 118778 938509 21621403 22824343 7436 64866 0 -437 21747617 23827281 0 0 0 0 9703596 10425557 0 0 0 13214945 22603509 22918541 33029066 -1170924 -9201785 74809989 62615354 116443656 113731246 -41633667 -51115892 X SRO HOUSING IS DEDICATED TO BUILDING A VIBRANT COMMUNITY FOR HOMELESS AND LOW-INCOME INDIVIDUAL MEN AND WOMEN. WE PURSUE OUR MISSION OF COMMUNITY REVITALIZATION BY PROVIDING CLEAN, SAFE, AND AFFORDABLE HOUSING, MANAGING PUBLIC SPACE, AND ADMINISTERING NEEDED SUPPORTIVE SERVICES WITH OVER 2,500 UNITS, INCLUDING THOSE IN DEVELOPMENT. 0 0 21811560 18339033 SRO HOUSING CORPORATION PROVIDES PERMANENT SUPPORTING HOUSING TO OVER 2,000 HOMELESS AND LOW-INCOME RESIDENTS IN LOS ANGELES. SUPPORTIVE SERVICES INCLUDE CASE MANAGEMENT, FREE MEAL AND TRANSPORTATION SERVICES TO SENIORS, FREE WEEKLY FOOD BANK DELIVERIES AND RECREATIONAL AND SOCIALIZATION ACTIVITIES. SECURITY SERVICES ARE PROVIDED 24 HOURS A DAY. 1677603 1410519 SRO HOUSING CORPORATION PROVIDES SHORT-TERM EMERGENCY HOUSING AND ON-SITE SUPPORTIVE SERVCIES TO OVER 1,000 HOMELESS INDIVIDUALS IN ITS 168 PRIVATE EMERGENCY HOUSING UNITS AT THE RUSS HOTEL. SECURITY AND DESK CLERK SERVICES ARE PROVIDED. THE AVERAGE STAY OF A CLIENT IS APPROXIMATELY TWO MONTHS. ALL CLIENTS RECEIVE A WIDE RANGE OF SUPPORTIVE SERVICES THAT INCLUDES ON-SITE CASE MANAGEMENT, FREE MEALS AND TRANSPORTATION. 523912 440502 SRO HOUSING CORPORATION PROVIDES TRANSITIONAL SUPPORTING HOUSING AND ONSITE SUPPORTIVE SERVICES TO HOMELESS VETERANS IN THE MARSHAL HOUSE . THE MARSHALL HOUSE HAS 72 PRIVATE UNITS OF TRANSITIONAL HOUSING AND COMMUNITY SPACE FOR CLIENTS; 24 HR SECURITY IS PROVIDED. SUPPORTIVE SERVICES INCLUDE CASE MANAGEMENT, JOB TRAINING AND READINESS, FREE MEALS, TRANSPORTATION AND A WIDE VARIETY OF RECREATIONAL AND SOCIALIZATION ACTIVITIES. 6864740 2634289 OTHER SOCIAL SERVICES 6864740 2634289 30877815 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 51 0 1 258 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 1 1 CA X ANITA NELSON 2132299640 1055 W 7TH STREET LOS ANGELES CA 90017 WESTLEY SHOLES CHAIR 1.00 X X 0 0 0 ANDREA JACKSON VICE CHAIR 1.00 X X 0 0 0 JUNE PARK SECRETARY 1.00 X X 0 0 0 KATHY NORRIS AUDIT CHAIR 1.00 X 0 0 0 ROBERT PRATT DIRECTOR 1.00 X 0 0 0 ALTON L WRIGHT DIRECTOR 1.00 X 0 0 0 ANITA U NELSON CHIEF EXECUTIVE OFFICER 40.00 X 476176 0 51281 MONICA GUTHRIE-DAVIS DIR OF PROGRAMS/SUPPORTIVE 40.00 X 178835 0 10779 JOSEPH CORCORAN DIRECTOR OF PLANNING/HOUSI 40.00 X 172562 0 25856 WANDA SHREWSBERRY DIRECTOR OF HUMAN RESOURCE 40.00 X 131956 0 22652 DERRICK WOO NETWORK ADMINISTRATOR 40.00 X 108591 0 28642 BERNADETTEE WONG DIRECTOR OF ACCOUNTING AND FINANCE 40.00 X 128435 0 12840 1196555 0 152050 7 0 1 0 EJ DESIGN SOURCE 1341 E IDAHOME ST WEST COVINA CA 91790 DESIGN SERVICES 482604 CHRYSALIS ENTERPRISES 522 S MAIN STREET LOS ANGELES CA 90013 HUMAN SERVICES 353832 KFA LLP KILLEFER FLAMMANG ARCHITECTS 3573 HAYDEN AVE CULVER CITY CA 90232 ARCHITECTS 218404 FRANCISCO J LONDONO E-Z FLOORING CO 802 WEST 228TH STREET TORRANCE CA 90502 CONSTRUCTION 156366 HOLTHOUSE CARLIN & VAN TRIGT LLP FILE 14041801 W OLYMPIC BLVD PASADENA CA 911991404 ACCOUNTING AND AUDIT 127653 7 158098 780411 666175 938509 CONTRACTS AND GRANTS 900099 11546655 11546655 RENTAL INCOME 532000 7459983 7459983 OTHER INCOME 900099 2341591 2341591 MANAGEMENT INCOME 561000 965118 965118 DEVELOPMENT FEES 900099 400986 400986 110010 110010 22824343 64866 64866 PARTNERSHIP FLOW-THROUGH LOSS 900003 -437 -437 -437 23827281 22824343 -437 64866 541552 464940 76612 7632131 6558056 1074075 1567116 1370559 196557 684758 599298 85460 10044 10044 80518 54021 26497 136081 91299 44782 2006443 1874388 132055 48367 47447 920 364211 347720 16491 86847 76240 10607 2446453 2162802 283651 80589 70746 9843 515 452 63 1475937 1475937 1639181 1611593 27588 1062829 1035116 27713 EQUITY LOSSES 3732128 3732128 BAD DEBT EXPENSE 3580772 3577472 3300 REPAIRS & MAINTENANCE 2639985 2604354 35631 EQUIPMENT COSTS 676757 665367 11390 2535852 2447836 88016 33029066 30877815 2151251 0 4725708 2560961 5335970 5896970 1531488 2293751 122750 382776 2009680 2013310 206875 194928 85510043 46821625 51970328 38688418 1612450 8907190 8971790 74809989 62615354 1686645 2810902 7177907 8475064 100983383 90513507 6595721 11931773 116443656 113731246 X -41854488 -51475892 220821 360000 -41633667 -51115892 74809989 62615354 X -9201785 -280440 X 0 1 X 1 1 1 X 46231 67439 1721868 118778 938509 2892825 46231 67439 1721868 118778 938509 2892825 2892825 26596 22002 11289 7436 64866 132189 3025014 105462046 0.95630 X 0.99910 0.00090 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11579978 11579978 66476799 43873319 22603480 2830151 2655237 174914 4623115 293069 4330046 38688418 RESTRICTED CASH 6113053 DUE TO RELATED PARTIES 2793452 DEPOSITS 65285 8971790 DEFICIENCY IN PARTNERSHIP INVESTMENTS 9977003 OTHER LIABILITIES 314368 LEASE LIABILITY 1640402 11931773 X 31527440 7700159 7700159 23827281 0 23827281 46625748 13596682 13596682 33029066 0 33029066 PART X, LINE 2: SRO HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED JUNE 30, 2023. DUE TO ITS TAX EXEMPT STATUS, SRO IS NOT SUBJECT TO INCOME TAXES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY SRO AND HAS CONCLUDED THAT, AS OF JUNE 30, 2023, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SRO IS REQUIRED TO FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND SRO HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2020 ARE SUBJECT TO REVIEW BY THE IRS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATIONS 7,700,159. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATIONS 13,596,682. X X X X 0 0 0 0 0 0 0 1 0 ANITA U NELSON CHIEF EXECUTIVE OFFICER 340007 0 65000 0 71169 0 14468 0 36813 0 527457 0 0 0 JOSEPH CORCORAN DIRECTOR OF PLANNING/HOUSI 143547 0 15000 0 14015 0 5177 0 20679 0 198418 0 0 0 MONICA GUTHRIE-DAVIS DIR OF PROGRAMS/SUPPORTIVE 136067 0 18000 0 24768 0 5410 0 5369 0 189614 0 0 0 WANDA SHREWSBERRY DIRECTOR OF HUMAN RESOURCE 107493 0 16000 0 8463 0 3812 0 18840 0 154608 0 0 0 PART I, LINE 3 THE ORGANIZATION'S BOARD PERFORMS SURVEYS OF COMPENSATION FROM COMPARABLE POSITIONS AND REVIEWS THE FORM 990 OF OTHER ORGANIZATIONS IN ORDER TO ESTABLISH COMPENSATION. APPROVAL FROM THE BOARD IS REQUIRED IN ORDER TO COMPLETE THE PROCESS OF ESTABLISHING COMPENSATION. PART I, LINE 7 INCLUDED IN SCHEDULE J, COLUMN B(II) ARE AMOUNTS REPRESENTING BONUSES. THESE AMOUNTS WERE APPROVED BY THE BOARD OF DIRECTORS AND INCLUDED IN EACH INDIVIDUAL'S 2022 W-2. X 52073 X 86 614102 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS REVIEWS AND APPROVES SRO HOUSING CORPORATION'S FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, THE ORGANIZATION GIVES A CONFLICT OF INTEREST QUESTIONAIRE TO BOARD MEMBERS AND TOP MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15A SRO HOUSING CORPORATION'S BOARD OF DIRECTORS REVIEWS THE CENTER FOR NON-PROFIT MANAGEMENT'S SALARY SURVEY AND REVIEWS FORM 990'S FROM COMPARABLE ORGANIZATIONS TO ESTABLISH COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE SINGLE ROOM OCCUPANCY HOUSING CORPORATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND INFORMATIONAL RETURNS AVAILABLE UPON WRITTEN REQUEST. THE INFORMATIONAL RETURNS ARE ALSO MADE AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE. FORM 990, PART XI, LINE 9: LOSS FROM PARTNERSHIPS, PER BOOKS ADJUSTMENT TO REFLECT EQUITY OF FORMER DISREGARDED ENTITY -280,440. BROWNSTONE HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 030381070 REAL ESTATE CA 556403 3498163 N/A EUGENE HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 954751613 REAL ESTATE CA 245967 2087291 N/A RIVERS HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 954787941 REAL ESTATE CA 719351 4809985 N/A SOUTHERN HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 954709894 REAL ESTATE CA 521186 2490236 N/A SRO COMMERCIAL LLC 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 451211111 REAL ESTATE CA 0 0 N/A OUNE HOUSE LIMITED PARTNERSHIP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 883180605 REAL ESTATE CA 0 3954530 N/A NEW TERMINAL HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 450514235 REAL ESTATE CA 365579 3239304 N/A YANKEE HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 352221086 REAL ESTATE CA 608096 6178609 N/A FORD APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 270165952 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 168869 1292009 0 1 0.00010 GATEWAYS APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 263617835 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 116187 768329 0 1 0.00010 HARTFORD VILLA APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 475266736 REAL ESTATE CA SRO COMMERCIAL LLC RELATED -1686035 1608457 0 1 0.00010 INGRAHAM APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 823551564 REAL ESTATE CA SRO COMMERCIAL LLC RELATED 6647815 0 1 0.00010 JAMES M WOOD APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 753253132 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 77881 828432 0 1 0.00010 LYNDON HOTEL LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 611506390 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 49183 81027 0 1 0.00010 PANAMA APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 473782696 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 708318 0 1 0.00010 RENATO APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 263165549 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 124291 116217 0 1 0.00010 ROSSLYN HOTEL APARTMENTS LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 272531547 REAL ESTATE CA SRO COMMERCIAL LLC RELATED 306914 1018322 0 1 0.00010 WALL STREET PALMER HOUSE LP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 954662608 REAL ESTATE CA SRO HOUSING CORPORATION RELATED 52881 6285 0 1 0.01000 ALVARADO KENTLP 1055 W 7TH STREET SUITE 3250 LOS ANGELES CA 90017 824241410 REAL ESTATE CA SRO COMMERCIAL LLC RELATED 945 3409037 0 1 0.00010 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 1