2024-08-19T11:28:32-07:00 2023-06-30 680199099 SND Partners LLP 3470 Mt Diablo Blvd Suite A300 Lafayette CA 94549 990 2022-07-01 943159161 HIP Housing Development Corporation HIPH 6503486660 800 S Claremont St Suite 210 San Mateo CA 94402 KATE COMFORT HARR Executive Dir. 2024-08-15 true true Claude A Persons P00011016 9253762195 2022 2024-08-08 14:25:15Z KATE COMFORT HARR 800 S Claremont St Suite 210 San Mateo CA 94402 4309995 false X N/A X 1992 CA TO ALLEVIATE AND IMPROVE THE HOUSING CONDITION OF THE NEEDY, PHYSICALLY OR MENTALLY HANDICAPPED, ELDERLY PERSONS AND OTHERS WHOSE HOUSING NEEDS ARE NOT BEING ADEQUATELY MET IN SAN MATEO COUNTY, CA. 5 5 3 0 14637777 625605 2158854 2309565 230760 374050 -84 -92 17027307 3309128 1258178 1057005 0 436576 420267 0 0 3331162 3230166 5025916 4707438 12001391 -1398310 30487933 29594301 34629313 35115435 -4141380 -5521134 TO ALLEVIATE AND IMPROVE THE HOUSING CONDITION OF THE NEEDY, PHYSICALLY OR MENTALLY HANDICAPPED, ELDERLY PERSONS AND OTHERS WHOSE HOUSING NEEDS ARE NOT BEING ADEQUATELY MET IN SAN MATEO COUNTY, CA. false false 3179180 2163518 THE CORPORATION OPERATES THIRTEEN APARTMENT BUILDINGS IN SAN MATEO COUNTY CONSISTING OF 140 UNITS FOR LOW AND MODERATE INCOME PERSONS. 1057005 1057005 145859 THE CORPORATION SPONSORS CONSTRUCTION AND MANAGEMENT OF LOW AND MODERATE INCOME HOUSING PROJECTS IN SAN MATEO COUNTY. 251 96 THE CORPORATION SERVES AS A GENERAL PARTNER IN TWO LIMITED PARTNERSHIPS WHICH PROVIDE 92 UNITS OF LOW-INCOME HOUSING IN SAN MATEO, CALIFORNIA. THE CORPORATION ALSO SERVES AS THE 79% OWNER OF A C CORPORATION AND THE SOLE OWNER OF A LIMITED LIABILITY COMPANY. BOTH OF THESE ENTITIES SERVE AS A GENERAL PARTNER IN A LIMITED PARTNERSHIP. ONE OF THESE LIMITED PARTNERSHIPS CURRENTLY PROVIDES 36 UNITS OF LOW-INCOME HOUSING IN REDWOOD CITY, CALIFORNIA, WHILE THE OTHER IS CURRENTLY DEVELOPING LOW-INCOME HOUSING IN REDWOOD CITY, CALIFORNIA. 4236436 true true false false false false false false false false true false false true true true false true false false false false false false false false false true false true false false false false false false false false false false false false true true true false false false true 11 0 true 3 true false false false false false false false 0 false false false false false false false X 5 5 false false false false false true false true true false false true true true true true true true true false CA X THE ORGANIZATION 6503486660 800 S CLAREMONT ST STE 210 SAN MATEO CA 94401 KATE COMFORT HARR Executive Dir. 16.00 24.00 X 76000 136480 23643 GHION DESSIE Controller 16.00 24.00 X 0 161958 14774 LAUREN BORO President 0.50 1.00 X X 0 0 0 NANCY BUSH Treasurer 0.50 1.00 X X 0 0 0 DIANNE WHITAKER Secretary 0.50 0.00 X X 0 0 0 JOSH AMOROSO Director 0.50 1.00 X 0 0 0 JANET BORGENS Director 0.50 0.00 X 0 0 0 76000 298438 38417 0 false true false 0 107340 518265 625605 DEVELOPER FEES 531110 99706 99706 LAUNDRY & TENANT CHARGES 531110 34124 34124 PARTNERSHIP MGMT FEES 531110 46094 46094 PROPERTY TAX REFUNDS 531110 11663 11663 TENANT RENTAL INCOME 531110 2116295 2116295 1683 1683 2309565 261245 261245 0 0 0 1113672 1000867 112805 112805 112805 0 0 0 SUBSID INC-EQUITY BASIS 531110 -92 -92 -92 3309128 2309473 374050 1057005 1057005 0 0 0 76000 76000 0 246378 175120 71258 14352 5364 8988 57771 36668 21103 25766 14262 11504 131073 131073 11599 11599 50146 50146 0 0 0 111619 25827 85792 0 26248 26235 13 25671 25671 0 1778251 1778251 2139 2085 54 0 0 0 0 1061020 1061020 0 MISCELLANEOUS EXPENSES 16259 13893 2366 BAD DEBTS 10232 10232 WORKERS COMPENSATION 5658 4552 1106 ALLOCABLE SHARE PS EXPENSES 251 251 0 4707438 4236436 471002 0 1321241 1381349 1522710 1580669 0 87621 92020 0 0 1808036 1895123 0 17038 23914 37127434 11629338 26335836 25498096 3771877 3386223 0 -6038513 -6038618 0 1662087 1775525 30487933 29594301 4005482 4440041 15210 6785 29873752 29530775 734869 1137834 34629313 35115435 X -4141380 -5521134 -4141380 -5521134 30487933 29594301 -1398310 18556 X false true X true true true X 463487 534934 2827827 623628 625605 5075481 0 0 463487 534934 2827827 623628 625605 5075481 2034967 3040514 76095 81430 75223 133193 261245 627186 0 0 5702667 13389920 0.53320 0.54650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8670358 8670358 28443515 11627464 16816051 13561 1874 11687 25498096 INVSMNT IN EDGEWATER ISLE ASSOC. -9820803 C INVSMNT IN REDWOOD OAKS ASSOC. -114020 C INVSMNT IN REDWOOD OAKS - HHDC LLC -8467994 C INVSMNT IN GS HIP 1304 BUILDER LLC 12186149 C INVSMNT IN GS HIP 1304 ECR, LP 178050 C A/R - OTHER 576 DEPOSITS RECEIVABLE DEVELOPER FEE RECEIVABLE 1061657 PARTNERSHIP MANAGEMENT FEES RECEIVABLE 88632 PROPERTY TAXES RECEIVABLE 63644 RECEIVABLE FROM AFFILIATES 148050 RIGHT OF USE ASSET 412966 1775525 ACCRUED INTEREST- HIP 168995 ACCT PAYABLE TO AFFILIATE 159995 NOTE PAYABLE - HIP 200000 RIGHT OF USE LIABILITY 412966 Tenant Security Deposits 195878 1137834 X Part X : FIN48 Footnote HHDC HAS RECEIVED TAX EXEMPT STATUS UNDER IRC SECTION 501(C)(3) AND THE CALIFORNIA FRANCHISE TAX BOARD UNDER THE REVENUE AND TAXATION CODE 23701(D). THE INCOME OR LOSS FROM PARTNERSHIPS IS REPORTED BY THE PARTNERS ON THEIR INCOME TAX RETURNS.HHDC AND SUBSIDIARIES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HHDC AND SUBSIDIARIES' FEDERAL AND STATE INFORMATION AND INCOME TAX RETURNS FOR THE YEARS 2019 THROUGH 2022 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR THE FEDERAL AND STATE RETURNS, RESPECTIVELY. true HUMAN INVESTMENT PROJECT INC 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 942154614 501(C)(3) 1057005 0 GNRL SUPPORT: LOW INC HSG 1 0 Grantmaker's Description of How Grants are Used TWO OFFICERS AND ONE DIRECTOR OF THE ORGANIZATION ARE MEMBERS OF THE BOARD OF DIRECTORS OF THE RELATED RECEIPIENT 501(C)(3) ORGANIZATION, HUMAN INVESTMENT PROJECT, INC (HIP). ADDITIONALLY, THE EXECUTIVE DIRECTOR AND CONTROLLER OF THE ORGANIZATION SERVE AS THE EXECUTIVE DIRECTOR AND CONTROLLER FOR HIP. AS SUCH, THERE IS DIRECT OVERSIGHT OF THE USE OF THE FUNDS RECEIVED FROM HIP HOUSING DEVELOPMENT CORPORATION. IN ADDITION, FOR GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS:1. THE FUNDRAISING DEPARTMENT KEEPS A COPY OF ALL GRANT REQUESTS AND GRANT AGREEMENTS, AND PROVIDES A COPY TO THE ACCOUNTING DEPARTMENT.2. FOR GRANTS MADE TO RELATED ENTITIES, THE FUNDRAISING DEPARTMENT KEEPS A GRANT LOG THAT INDICATES ALL GRANTS RECEIVED AND THE PROGRAM THEY ARE DESIGNATED TO. THE GRANT LOG IS DISTRIBUTED TO THE BOARD OF DIRECTORS AT EACH BOARD MEETING (EVERY TWO MONTHS).3. BEFORE THE BOARD MEETING, THE GRANT LOG IS PROVIDED TO THE ACCOUNTING DIRECTOR. A CROSS CHECK IS MADE TO ENSURE ALL NUMBERS MATCH AND GRANTS ARE DESIGNATED TO THE APPROPRIATE PROGRAMS.4. WHEN THE FOUNDATIONS REQUEST A REPORT ON HOW THE FUNDS ARE USED, THE ACCOUNTING DIRECTOR WILL ALSO PROVIDE A BUDGET SHEET OF THE FUND ALLOCATION. X false false false false false false false false false GHION DESSIE Controller 150958 11000 7548 7226 176732 KATE COMFORT HARR Executive Dir. 76000 120080 16400 10007 13636 76000 160123 Form 990, Part VI, Section B, Line 11b FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c ALL BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY AND ARE REMINDED OF THE POLICY ON AN ANNUAL BASIS. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS AND MANAGERS CONDUCT A PERFORMANCE REVIEW FOR THE EXECUTIVE DIRECTOR. THE BOARD MEETS WITH THE EXECUTIVE AND PERSONNEL COMMITTEE MEMBERS TO DECIDE ON ANY SALARY INCREASES. Form 990, Part VI, Section B, Line 15b THE EXECUTIVE DIRECTOR CONDUCTS PERFORMANCE REVIEWS FOR ANY KEY EMPLOYEES AND GETS AUTHORIZATION FROM THE PERSONNEL AND FINANCE COMMITTEE MEMBERS FOR ANY SALARY INCREASES. Form 990, Part VI, Section C, Line 19 AVAILABLE UPON REQUEST. 1304 EL CAMINO REAL LLC 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 873897090 SERVES AS GP IN FEIN 87-4190382, SEE PART III CA 84195 1770851 HHDC 6-8 COLEMAN PLACE LLC 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 943159161 LOW-INCOME HOUSING CA 304624 7616483 HHDC GS HIP 1304 BUILDER LLC 465 MEETING STREET STE 500 CHARLESTON SC 29403 874211174 LOW-INCOME HOUSING CA 12186149 1304 EL CAMINO REAL LLC HUMAN INVESTMENT PROJECT INC 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 942154614 IMPRV HSG CONDITIONS FOR PPL IN NEED CA 501(C)(3) 7 NA false HIP HOUSING AFFORDABLE VENTURES INC 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 911868360 MANAGEMENT OF LOW-INCOME HOUSING CA 501(C)(3) 12A HUMAN INVESTMENT PROJECT INC false REDWOOD OAKS ASSOCIATES 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 943364905 LOW-INCOME HOUSING CA HHDC RELATED -16 34801 false true 0.01000 EDGEWATER ISLE ASSOCIATES LP 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 473019770 LOW-INCOME HOUSING CA HHDC RELATED 18937 5139202 false true 0.39454 REDWOOD OAKS ASSOCIATES II LP 800 SOUTH CLAREMONT STREET STE 210 SAN MATEO CA 94402 831168874 LOW-INCOME HOUSING CA 83-1161755 RELATED false true 0.00008 GS HIP 1304 ECR LP 450 SANSOME STREET STE 500 SAN FRANCISCO CA 94111 874190382 LOW-INCOME HOUSING CA 87-3897090 RELATED 1048743 false true 0.00005 REDWOOD OAKS - HHDC LLC 800 S CLAREMONT ST STE 210 SAN MATEO CA 94402 831161755 LOW-INCOME HOUSING CA HHDC C CORP -73 42535 0.79000 true false true true true true false false false false false false true true false true true false false false