2024-09-09T14:20:51-05:00 2023-12-31 932001788 BRYMAR CPA LLP 17 ASPEN WAY WATSONVILLE CA 95076 990 2023-01-01 200125143 HOUSING RESOURCE CENTER OF MONTEREY COUN HOUS 8314249186 60 W MARKET STREET 130 SALINAS CA 93901 KELLIE MORGANTINI BOARD CHAIR 8314249186 2024-09-05 1 1 MICHAEL J BRYANT P01568974 8312881720 2024-09-05 2023 2024-08-08 14:25:15Z KELLIE MORGANTINI 60 W MARKET STREET 130 SALINAS CA 93901 4414467 0 X HTTP://WWW.HRCMONTEREYCOUNTY.ORG/ X 2003 CA THE MISSION OF THE HOUSING RESOURCE CENTER OF MONTEREY COUNTY (HRC) IS TO PROVIDE A CONTINUUM OF RESOURCES FROM HOMELESS PREVENTION TO HOME OWNERSHIP TO ENABLE HOUSEHOLDS TO ACCESS AFFORDABLE HOUSING OPPORTUNITIES. 8 8 21 10 0 0 352509 325685 4232942 4088782 0 0 0 0 4585451 4414467 0 0 0 0 1073429 1286017 0 0 0 3487278 2965549 4560707 4251566 24744 162901 1280200 1341100 800156 698155 480044 642945 THE MISSION OF THE HOUSING RESOURCE CENTER OF MONTEREY COUNTY (HRC) IS TO PROVIDE A CONTINUUM OF RESOURCES FROM HOMELESS PREVENTION TO HOME OWNERSHIP TO ENABLE HOUSEHOLDS TO ACCESS AFFORDABLE HOUSING OPPORTUNITIES. 0 0 4176937 4088782 HOMELESS PREVENTION PROGRAMS TO ASSIST LOW AND VERY LOW INCOME HOUSEHOLDS TO OBTAIN AND MAINTAIN PERMANENT HOUSING. PRE-PURCHASE WORKSHOPS, FINANCIAL LITERACY, AND VETERANS SUPPORT SERVICES ARE PROVIDED TO MONTEREY COUNTY AND OTHER SURROUNDING AREA RESIDENTS. 4176937 1 1 0 0 0 0 0 0 0 0 1 0 0 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 0 0 0 0 1 111 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X BOARD OF DIRECTORS 8314249186 201 A JOHN STREET SALINAS CA 93901 X LISA BERKLEY BOARD MEMBER 1.00 X X 0 0 0 JOE SERVI TREASURER 1.00 X X 0 0 0 KELLIE MORGANTINI BOARD CHAIR 2.00 X X 0 0 0 ANNA VELAZQUEZ BOARD MEMBER 1.00 X 0 0 0 JEANETTE CAGUAIT BOARD MEMBER 1.00 X 0 0 0 LISA ZISKA-MARCHAND BOARD MEMBER 1.00 X 0 0 0 JIM ANDREWS BOARD MEMBER 1.00 X 0 0 0 FREDERICA JONES VICE CHAIR 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 325685 325685 PROGRAM REVENUE 624200 4086568 4086568 FEES FOR SERVICE 900099 2214 2214 4088782 4414467 4088782 0 0 X 1060184 1052348 7836 225833 224164 1669 57178 27022 30156 118544 116570 1974 24702 10998 13704 11541 1090 10451 6465 6465 19846 19739 107 TEMPORARY FINANCIAL ASS 2671499 2671499 LEASED EQUIPMENT 13246 13246 EQUIPMENT AND EXPANSION 13115 13053 62 SUPPLIES 12959 12959 0 16454 14249 2205 4251566 4176937 74629 0 287372 309307 330122 400092 141023 113289 8466 27734 654240 603967 1280200 1341100 75844 65923 47900 0 676412 632232 800156 698155 X 387044 492945 93000 150000 480044 642945 1280200 1341100 162901 0 X 0 1 X 1 1 1 X 1668620 311936 515723 352509 325685 3174473 1668620 311936 515723 352509 325685 3174473 848326 2326147 3174473 14592803 0.73280 0.96760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12814 12814 0 77471 52986 24485 50738 47489 3249 27734 SECURITY DEPOSITS 6013 RIGHT-OF-USE ASSETS 597954 603967 LEASE LIABILITIES 632232 632232 X 4414467 0 4414467 0 4414467 4251566 0 4251566 0 4251566 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE AN ORGANIZATION TO RECOGNIZE THE TAX BENEFIT OR LIABILITY ASSOCIATED WITH A TAX POSITION TAKEN FOR THE TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, THEY WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, THERE WERE NO TAX RELATED INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO POTENTIAL EXAMINATION BY TAXING AUTHORITIES FOR INCOME TAX RETURNS FILED IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY THE BOARD MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY BY HAVING THE BOARD MEMBERS FILE AN ANNUAL STATEMENT WITH THE ORGANIZATION ADDRESSING THEIR RESPECTIVE ADHERENCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL BOARD COMMITTEE CONSULTED LOCAL OUTSIDE EXPERTS, COMPARED DATA AND DELIBERATED, DISCUSSED AND VOTED ON ITS DECISION. DECISION WAS PRESENTED TO THE FULL BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO REVIEW AT THE ORGANIZATION OFFICE IN SALINAS CALIFORNIA. FORM 990, PART IX, LINE 11G PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 27,022. MANAGEMENT AND GENERAL EXPENSES 30,156. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,178. FORM 990, PART IX, LINE 24E HMIS FEES: PROGRAM SERVICE EXPENSES 7,675. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,675. OUTREACH AND EDUCATION: PROGRAM SERVICE EXPENSES 6,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,386. FINANCE AND BANK CHARGES: PROGRAM SERVICE EXPENSES 188. MANAGEMENT AND GENERAL EXPENSES 2,205. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,393.