2025-09-23T14:17:13-07:00 2024-12-31 821607473 Banks Accountancy 13821 Newport Avenue Suite 170 Tustin CA 92780 990 2024-01-01 953683476 Orange Senior Housing Inc ORAN 7146337344 555 S Shaffer St Orange CA 92866 Paul Abbondante PhD President 2025-09-23 true true Emily R Banks P01603761 7143008217 X 2024 2025-03-06 01:10:19Z 555 S Shaffer St Orange CA 92866 386165 false X N/A X 1981 CA To provide housing and supportive servicces to low and moderate income individuals and families. 8 8 0 8 0 0 379452 149801 121998 236364 0 501450 386165 0 0 0 0 0 184390 12137 184390 12137 317060 374028 5687012 5926715 524945 390620 5162067 5536095 To provide housing and supportive servicces to low and moderate income individuals and families. false false 10787 149801 During 2024, OSH continued in its role as the managing general partner of the Triangle Terrace Affordable Limited Partnership (the LP), which owns a 75-unit senior affordable apartment community that was constructed for OSH in the 1980s, then recapitalized into a tax credit partnership and renovated during 2015-2016. A wholly owned, for-profit limited liability company (LLC) represents OSH in the LP. There is a staff services agreement between OSH and its subsidiary LLC. There were no extraordinary events in the operation of the property during 2023. Tenant occupancy exceeded 95%. A Resident Services Coordinator assists the low-income elderly residents to live independently for as long as practical before moving to housing that provides care; the RSC is funded by a grant from HUD. The subsidiary LLC collects (i) an annual partnership management from the LP and (ii) 50% of surplus cash from the operation of the property. The LLC pays OSH a staff services fee. OSH also collects an annual interest-only payment from the LP for its $1.5 million purchase money loan to the partnership. OSH also continued the process of co-developing a new community of senior affordable apartments named Katella Terrace on 1.54 acres of land that is owned by the City of Orange. Entitlement for plans to construct 74 apartment homes on the site was approved by the Orange City Council in September 2019. In December 2022, the California Tax Credit Allocation Committee (CTCAC) awarded the project state and federal tax credits with an estimated value of $26,974,000, which completed the financing plan for the project. In February 2023, architectural and engineering plans were completed, and an application for a building permit was delivered to the City of Orange. In June 2023, the City of Orange issued a permit for construction; and in July, general contractor Portrait Construction, Inc. (Portrait) commenced the construction of underground utilities for the project. In January 2024, wood framing for the apartment building began. On December 23, the Architect issued a Certificate of Substantial Completion for the building. Occupancy of the building will follow the testing and approval of all fire and life safety systems by the City of Orange. 10787 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false false false false X 8 8 false false false false false false false true false false false true true true true false true false false true true X Paul Abbondante 7146337344 555 S Shaffer St Orange CA 92866 X Paul Abbondante PhD President 1.00 0.00 X X 0 0 0 Katherine Connaghan Vice President 1.00 0.00 X X 0 0 0 Jeff Halloran Secretary 1.00 0.00 X X 0 0 0 Robert Stewart Treasurer 0.50 0.00 X X 0 0 0 Mark Cazeau Sr Board Member 0.50 0.00 X 0 0 0 Dr Neil Mansdorf DPM Board Member 0.50 0.00 X 0 0 0 Ankit Shah Board Member 0.50 0.00 X 0 0 0 April Franklin Board Member 0.50 0.00 X 0 0 0 0 false false false 0 0 Residential RE Income 531110 Staff Services Income 531310 149801 149801 149801 236364 236364 0 0 0 0 0 0 0 0 386165 149801 236364 0 0 0 0 0 0 0 0 0 0 0 0 1350 1350 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9885 9885 Permits/Licenses/Fees 902 902 0 12137 10787 1350 0 310925 319929 3878936 4154514 0 0 0 0 1500000 1500000 0 0 0 0 -2849 -47728 0 0 0 5687012 5926715 524945 390620 524945 390620 X 5162067 5536095 5162067 5536095 5687012 5926715 374028 X false false false X 0 40619 56050 96669 0 0 0 40619 56050 96669 0 0 96669 36677 4525 41202 0 36677 4525 41202 0 0 77296 60575 137871 X 0.00000 0.00000 Form 990, Part VI, Section B, Line 11b The Board of Directors reviews and reports any necessary corrections or additions to the preparer prior to authorizing the President to sign and authorize to efile the return. Form 990, Part VI, Section B, Line 12c A Conflict of Interest Statement that outlines definitions, duties to disclose, and records and procedures is required to be signed by each Board Member on an annual basis. Form 990, Part VI, Section C, Line 19 No documents available to the public. OSH Katella Terrace LLC 555 S Shaffer St Orange CA 92866 843301913 Low-Income Housing CA Orange Senior Housing Inc Katella Terrace LP 26565 West Agoura Road Suite 200 Calabasas CA 91302 884407909 Low-Income Rental Housing CA N/A false true 0.00005 OSH Triangle Terrace LLC 555 S Shaffer St Orange CA 92866 813434411 Low-income rental housing CA NA C Corp false false false false false false false false false false false false false false false false false false false false