2024-11-05T12:37:29-08:00 2023-12-31 954345526 HOLTHOUSE CARLIN & VAN TRIGT LLP 11444 W OLYMPIC BLVD 11TH FLOOR LOS ANGELES CA 90064 990 2023-01-01 330913559 MAAC HOUSING CORPORATION MAAC 6194263595 1355 THIRD AVENUE CHULA VISTA CA 91911 ARNULFO MANRIQUEZ CEO 6194263595 2024-04-08 true true JONATHAN SIAO P00244223 3105661900 2024-11-05 2023 2024-10-15 13:58:12Z ARNULFO MANRIQUEZ 1355 3RD AVENUE CHULA VISTA CA 91911 5471154 false X N/A X 2000 CA WELFARE MAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS 3 2 0 0 0 0 0 4248179 4482494 935955 988660 3421 0 5187555 5471154 0 0 392316 446077 0 0 3659317 3615931 4051633 4062008 1135922 1409146 48248981 61310146 5800930 10385419 42448051 50924727 WELFARE MAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS false false 4062008 0 4482494 CARLSBAD LAUREL TREE APARTMENTS-CARLSBAD APARTMENTS CONSISTS OF A 138-UNIT LOW INCOME HOUSING PROJECT IN 23 RESIDENTIAL BUILDINGS TOGETHER WITH OPEN SPACE AND RECREATIONAL AMENITIES LOCATED IN SAN DIEGO COUNTY, CALIFORNIA, IN WHICH MAAC HOUSING CORPORATION (MHC) SERVES AS A LIMITED PARTNER. MAAC PRESIDENT JOHN ADAMS MANOR APARTMENTS, LLC (MAAC PJAM LLC)- MAAC PJAM LLC WAS FORMED IN MARCH 2016 WITH MHC AS THE SOLE MEMBER FOR THE PURPOSE OF ACQUIRING THE PRESIDENT JOHN ADAMS MANOR APARTMENTS (THE PROJECT) FROM THE PJAM LP, AN AFFILIATED PARTNERSHIP. THE GENERAL PARTNER IS PJAM INC., A CALIFORNIA EXEMPT ORGANIZATION. THE PROJECT CONSISTS OF 300 UNITS OF AFFORDABLE RENTAL HOUSING IN 38 RESIDENTIAL BUILDINGS LOCATED IN THE CITY SAN DIEGO, CALIFORNIA. MHC BECAME THE SOLE OWNER OF THE APARTMENT PROJECT IN MAY 2016, RECEIVING AN ALLOCATION OF 100% OF THE LOSSES AS ITS SOLE MEMBER. MAAC SAN MARTIN DE PORRES LLC-EFFECTIVE JUNE 1, 2017, SAN MARTIN DE PORRES, L.P., SOLD THE PROJECT TO SAN MARTIN DE PORRES, LLC, A WHOLLY OWNED SUBSIDIARY OF MAAC HOUSING CORPORATION. THE PROJECT CONSISTS OF A 116-UNIT, AFFORDABLE RENTAL HOUSING APARTMENT LOCATED IN THE CITY OF SPRING VALLEY, SAN DIEGO COUNTY, CALIFORNIA. MAAC COMMUNITY CENTER WAS TRANSFERRED TO MCC CHULA VISTA, LLC, A SOLE MEMBER SUBSIDIARY OF MAAC HOUSING CORP, AS OF MAY, 2017. THE PROJSCT IS A 73,000 SQUARE FOOT PROPERTY LOCATED IN CHULA VISTA, CALIFORNIA, WHICH IS USED FOR A CHARTER SCHOOL AND VARIOUS PROGRAMS. DURING 2020, MAAC HOUSING CORP BECAME A LIMITED PARTNER IN TWO ADDITIONAL PARTNERSHIPS: MAAC IVY LP (99.99%) AND MAAC NATIONAL CITY LP (99.99%). THESE ENTITIES HOLD LAND TO BE DEVELOPED INTO AFFORDABLE RENTAL HOUSING PROJECTS, WITH CONSTRUCTION EXPECTED TO COMMENCE IN 2022. MHC WAS FORMED TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES. IN ADDITION, THESE PROJECTS CREATE SUPPORTIVE COMMUNITIES, INCLUDE QUALITY PROPERTY MANAGEMENT, TENANT GOVERNANCE COUNCILS, CULTURALLY- SENSITIVE SOCIAL SERVICES, WORK SKILL ENHANCEMENT PROGRAMS, COMMUNITY LEADERSHIP AND ORGANIZATION, AND INTERVENTION STRATEGIES FOR CHILDREN AND YOUTH. THEY PROVIDE A COMPREHENSIVE PROGRAM OF SUPPORT SERVICES TO THEIR RESIDENTS, INCLUDING A DIVERSE AND CULTURALLY APPROPRIATE LIBRARY, AN AFTER-SCHOOL READING PROGRAM, ON-SITE CHILDCARE, AN ACTIVE TENANT ASSOCIATION, A LUNCH PROGRAM, AND A SUMMER CAMP PARTICIPATION PROGRAM. MHC WAS FORMED TO SUPPORT THE METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTY OF SAN DIEGO COUNTY, INC, A CALIFORNIA NONPROFIT BENEFIT CORPORATION. 4062008 true false false false false false false false false false true false false true true false false true false false false false false false false false false false false true false false false false false true false false false false false false true true true false false false true 0 0 0 false false false false false false false false false false false false X 3 2 false false false false false false false true true false false false true true true true true false false false CA X X AUSTIN FOYE 6194263595 1355 THIRD AVE CHULA VISTA CA 91911 ARNULFO MANRIQUEZ CHIEF EXECUTIVE OFFICER 0.50 X X 0 358120 53264 SHREYA SASAKI SECRETARY 0.50 X X 0 0 0 AUSTIN FOYE CHIEF FINANCIAL OFFICCER 0.50 X X 0 203011 29572 0 561131 82836 false true false 0 TENANT RENTS 624200 4176559 0 0 TENANT CHARGES 624200 128254 0 0 LAUNDRY AND VENDING 624200 66195 0 0 DAYCARE CENTER 624200 111486 0 0 4482494 988660 0 988660 5471154 4482494 0 988660 369896 369896 0 0 44562 44562 0 0 31619 31619 0 0 8945 8945 0 0 34843 34843 0 0 2548 2548 0 0 17864 17864 0 0 1173516 1173516 0 0 2496 2496 0 0 397162 397162 0 0 1103806 1103806 0 0 182935 182935 0 0 RESIDENT RELATIONS EXPENSE 123348 123348 0 0 PROPERTY TAXES 34361 34361 0 0 MANAGEMENT FEES 186804 186804 0 0 INCENTIVE FEE 241494 241494 0 0 105809 105809 0 0 4062008 4062008 0 0 1575933 624500 37575 1129077 25577132 38174270 58685 7840 10231187 4239216 12892670 5991971 -277802 16179 8384788 15366309 48248981 61310146 603146 7631733 0 5119692 2672399 78092 81287 5800930 10385419 X 42448051 50924727 42448051 50924727 48248981 61310146 X 1409146 0 7067530 X false true X true false X X 1 METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTY 952457354 7 true 0 0 1 0 0 0 0 0 0 true false false false false false false false false false false false false false false false false false true false 0 2200000 2200000 6460033 3583587 2876446 1102743 554037 548706 312086 101592 210494 156325 0 156325 5991971 TENANT SECURITY DEPOSITS 71687 DUE FROM AFFILIATE 3010191 DEPOSITS AND OTHER ASSETS (NET OF AMORT) 12284431 OTHER RECEIVABLES 0 IMPOUND ACCOUNTS 0 15366309 TENANT SECURITY DEPOSIT LIABILITY 81287 81287 false false false false false false false false false ARNULFO MANRIQUEZ 0 358120 0 0 0 0 0 16367 0 36897 0 411384 0 0 AUSTIN FOYE 0 203011 0 0 0 0 0 8876 0 20697 0 232584 0 0 Pt I Line 3 THE ORGANIZATION DOES NOT ITSELF COMPENSATE ANY OFFICERS, DIRECTORS OR BOARD MEMBERS; HOWEVER, ITS BOARD MEMBERS ARE ALSO MEMEBERS OF THE BOARD OF ITS SUPPORTED ORGANIZATION, METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTy. THE CEO OF MAAC IS COMPENSATED ACCORDING TO ITS COMPENSATION POLICIES BY USING COMPENSATION SURVEYS AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. ALL BOARD MEMBERS BOARD MEMBER/OFFICER 0 ALL BOARD MEMBERS ARE ALSO MEMBERS OF BOARDS OF AF false ARNULFO MANRIQUEZ BOARD MEMBER/OFFICER 411384 ALSO SERVES ON BOARDS OF AFFILIATES false AUSTIN FOYE BOARD MEMBER/OFFICER 232583 ALSO SERVES ON BOARDS OF AFFILIATES false Pt VI, Line 11b THE ORGANIZATIONS FORM 990 IS FIRST REVIEWED BY THE CFO, FOLLOWED BY THE CEO WHO THEN SIGNS THE RETURN. Pt VI, Line 12c THE ORGANIZATION FOLLOWS THE PROCEDURES OF THE PARENT ORGANIZATION, METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI POVERTY OF SAN DIEGO, INC.,(MAAC) WHEREBY BOARD MEMBERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND UNDERSTANDS THAT THE PROJECT IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES, AND HAS AGREED TO COMPLY WITH THE POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS SHALL REVIEW THIS POLICY ANNUALLY. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. MONITORING WILL BE CONDUCTED ANNUALLY BY THE AUDIT COMMITTEE OF MAAC AND COMPLIANCE RECORD WILL BE MAINTAINED BY THE DIRECTORS. Pt VI, Line 15a THE ORGANZIATION DOES NOT COMPENSATE ANY BOARD MEMBERS. Pt VI, Line 15b THE ORGANZIATION DOES NOT COMPENSATE ANY BOARD MEMBERS. Pt VI, Line 19 THE PUBLIC INSPECTION COPY OF THE ORGANIZATIONS FORM 990 FROM THE PREVIOUS THREE YEARS WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATIONS MAIN OFFICE DURING NORMAL BUSINESS HOURS. COPIES OF THE FILED RETURNS ARE ALSO AVAILABLE FOR REVIEW AT GUIDESTAR.COM AND THE ATTORNEY GENERALS WEBSITE. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 BY ANYONE, THE ORGANIZATION SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE REQUEST. Pt XI CHANGE IN FUND BALANCE IS A RESULT OF THE SALE PROCEEDS OF SAN MARTIN APARTMENTS. MAAC PRESIDENT JOHN ADAMS MANOR LLC 1355 THIRD AVE CHULA VISTA CA 91911 812591175 LOW INCOME HOUSING CA 966585 32905820 MHC SAN MARTIN DE PORRES LLC 1355 THIRD AVE CHULA VISTA CA 91911 814269011 LOW INCOME HOUSING CA 9684211 20673625 MHC MCC CHULA VISTA LLC 1355 THIRD AVE CHULA VISTA CA 91911 952457354 LOW INCOME HOUSING CA 908243 8274824 MHC MAAC SENIORS ON BROADWAY LLC 1355 THIRD AVE CHULA VISTA CA 91911 921046106 LOW INCOME HOUSING CA 0 0 MHC MAAC-SEE NOTE 1355 THIRD AVE CHULA VISTA CA 91911 952457354 LOW INCOME HOUSING CA 501(C)3 7 NA false CARLSBAD LAUREL TREE APARTMENTS LP 1355 3RD AVE CHULA VISTA CA 91911 330812530 LOW INCOME HOUSING CA MHC RELATED 292195 2488049 false 0 false 0.99990 SAN MARTIN DE PORRES LP 1355 3RD AVE CHULA VISTA CA 91911 330885515 LOW INCOME HOUSING CA MHC RELATED 0 0 false 0 false 0.99900 MAAC SENDERO LP 1355 3RD AVE CHULA VISTA CA 91911 863444578 LOW INCOME HOUSING CA MAAC RELATED 0 0 false 0 false 0.00100 MAAC NATIONAL CITY LP 1355 THIRD AVE CHULA VISTA CA 91911 844788984 LOW INCOME HOUSING CA MHC RELATED 0 0 false 0 false 0.99990 SAN MARTIN 2020 LP 1355 THIRD AVE CHULA VISTA CA 91911 844162496 LOW INCOME HOUSING CA MHC RELATED 0 0 false 0 false 0.99000 MAAC IVY LP 1355 THIRD AVE CHULA VISTA CA 91911 844788751 LOW INCOME HOUSING CA MHC RELATED 0 0 false 0 false 0.99990 MERCADO 2019 LP 1355 THIRD AVE CHULA VISTA CA 91911 844107654 LOW INCOME HOUSING CA MHC RELATED 0 0 false 0 false 0.99000 CREST ON IMPERIAL LP 1355 THIRD AVE CHULA VISTA CA 91911 873678399 LOW INCOME HOUSING CA MAAC RELATED 0 0 false 0 false 0.00100 true true false false true false false false false false false true false false true true false false false CARLSBAD LAUREL TREE APARTMENTS LP l 102570 COST MAAC SAN MARTIN DE PORRES LLC l 73312 COST MAAC PRESIDENT JOHN ADAMS MANOR LLC a 966586 COST MAAC SAN MARTIN DE PORRES LLC p 166774 COST MCC CHULA VISTA LLC p 54979 COST CARLSBAD LAUREL TREE APARTMENTS LP p 254472 COST MAAC o 643967 COST