2024-11-04T14:01:09-06:00 2024-06-30 943108253 NOVOGRADAC & COMPANY LLP 3780 KILROY AIRPORT WAY SUITE 330 LONG BEACH CA 90822 990 2023-07-01 861388777 MUSD HOLDING CORP MUSD 5596754500 1902 HOWARD RD MADERA CA 93637 ARELIS GARCIA TREASURER 5596754500 2024-11-01 1 1 BRYAN HUNG P01553971 5624329482 2023 2024-10-15 13:58:12Z ARELIS GARCIA 1902 HOWARD RD MADERA CA 93637 452888 0 X N/A X 2020 CA THE PURPOSE OF MUSD HOLDING CORP. IS TO CONDUCT OR SUPPORT EDUCATIONAL ACTIVITIES EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF, MADERA UNIFIED SCHOOL DISTRICT. 5 0 0 0 0 0 0 0 452888 452888 0 0 0 0 452888 452888 0 0 0 0 0 0 0 0 0 1341612 1385851 1341612 1385851 -888724 -932963 36125728 35291062 9192638 9290935 26933090 26000127 THE ORGANIZATION'S MISSION IS TO BENEFIT, TO PERFORM ON BEHALF OF, AND/OR TO SUPPORT MADERA UNIFIED SCHOOL DISTRICT. 0 0 1385851 452888 THE ORGANIZATION RECEIVED FINANCING FROM THE NEW MARKETS TAX CREDIT PROGRAM AND HOLDS THE BUILDING AND LAND IN WHICH MUSD OPERATES ONE OF ITS SCHOOLS. THE ORGANIZATION ASSISTS MUSD WITH DEVELOPING AND FINANCING REAL PROPERTY ASSETS FOR THE CONSTRUCTION AND DEVELOPMENT OF NEW EDUCATIONAL BUILDINGS THAT WILL ASSIST MUSD IN FURTHERING MUSD'S CHARITABLE PURPOSES. 1385851 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 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 5 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 CA X SANDON M SCHWARTZ 5596754500 1902 HOWARD RD MADERA CA 93637 SANDON SCHWARTZ PRESIDENT 1.00 39.00 X X 0 210032 19163 ARELIS GARCIA TREASURER 1.00 39.00 X X 0 201991 17787 NICHOLE MOSQUEDA BOARD MEMBER 0.25 39.75 X 0 0 0 RANJIT CHAHAL SECRETARY 0.25 39.75 X X 0 0 0 JOHN WILLIAMS BOARD MEMBER 0.25 39.75 X 0 0 0 0 412023 36950 0 0 1 0 0 RENTAL INCOME 531120 452888 452888 452888 452888 452888 0 0 38558 38558 144880 144880 1172112 1172112 CDE EXPENSES 30301 30301 1385851 1385851 0 0 292816 247658 173333 183049 37396120 3716577 34851655 33679543 807924 1180812 36125728 35291062 79312 146345 9113326 9144590 9192638 9290935 X 26933090 26000127 26933090 26000127 36125728 35291062 -932963 0 X 0 0 0 X X 1 MADERA UNIFIED SCHOOL DISTRICT 352247260 6 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 0 PART IV, SECTION E, LINE 2A THE ORGANIZATION LEASES REAL PROPERTY ON BEHALF OF AND TO ADVANCE THE PURPOSES OF MADERA UNIFIED SCHOOL DISTRICT ("MUSD") IN A MANNER CONSISTENT WITH THE OBJECTIVES AND POLICIES OF MUSD. THE ORGANIZATION ASSISTS MUSD WITH DEVELOPING AND FINANCING REAL PROPERTY ASSETS FOR THE CONSTRUCTION AND DEVELOPMENT OF NEW EDUCATIONAL BUILDINGS THAT ASSISTS MUSD IN FURTHERING MUSD'S CHARITABLE PURPOSES. 31369572 2719669 28649903 6026548 996908 5029640 33679543 0 0 0 0 0 0 0 0 0 SANDON SCHWARTZ PRESIDENT 0 210032 0 0 0 0 0 0 0 19163 0 229195 0 0 ARELIS GARCIA TREASURER 0 201991 0 0 0 0 0 0 0 17787 0 219778 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEES FORMED IN CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS THE FORM 990 DRAFT IN DETAIL PRIOR TO FINAL APPROVING AND FILING. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE GOVERNING BOARD OR COMMITTEE THEN DISCUSSES AND VOTES ON THE DETERMINATION OF A CONFLICT OF INTEREST AND DECIDES IF A CONFLICT OF INTEREST EXISTS. THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERING BOARD OR COMMITTEE DETERMINES BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE TO ANY MEMBER OF THE PUBLIC WHO REQUESTS IT. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANY MEMBER OF THE PUBLIC WHO REQUESTS IT. MADERA UNIFIED SCHOOL DISTRICT 1902 HOWARD RD MADERA CA 93637 352247260 EDUCATION CA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0