2025-11-14T14:03:25-06:00 2024-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2024-01-01 770378030 POCO WAY HDC INC POCO 4082758770 505 W JULIAN STREET SAN JOSE CA 95110 PRESTON PRINCE PRESIDENT 4082758770 2025-11-10 1 0 SHERMAN LEONG P00513747 4159579999 2024 2025-03-06 01:10:19Z PRESTON PRINCE 505 W JULIAN STREET SAN JOSE CA 95110 1073081 0 X N/A X 1994 CA THE ORGANIZATION OPERATED HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES. 3 0 0 0 0 0 0 0 1236001 1072407 523 674 0 0 1236524 1073081 0 0 0 0 0 0 0 0 0 1494287 4413951 1494287 4413951 -257763 -3340870 62652455 64731810 50905710 56325935 11746745 8405875 TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING. 0 0 4382856 1072407 THE ORGANIZATION OPERATED A 130-UNIT AFFORDABLE HOUSING COMPLEX LOCATED IN SAN JOSE, CALIFORNIA, FOR LOW INCOME INDIVIDUALS AND FAMILIES. ON FEBRUARY 20, 2015, THE PROJECT WAS ACQUIRED BY AN AFFILIATE, MCCREERY AVENUE LP, A CALIFORNIA LIMITED PARTNERSHIP.IN SEPTEMBER 2017, THE ORGANIZATION ACQUIRED LAND IN PALO ALTO, CALIFORNIA, WHICH IS CURRENTLY OPERATING UNDER BUENA VISTA MOBILE HOME PARK (BUENA VISTA). BUENA VISTA INCLUDES MOBILE HOMES OR RECREATIONAL VEHICLES SPACES AND ONE SINGLE-FAMILY HOME. THE ORGANIZATION INTENDS TO PRESERVE BUENA VISTA AS A MOBILE HOME PARK, OR EQUIVALENT, FOR UP TO 50 YEARS. MAJOR INFRASTRUCTURE IMPROVEMENTS AND RENOVATIONS ARE EXPECTED TO BE COMPLETED FOR BUENA VISTA OVER THE COMING YEARS. 4382856 1 0 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 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 0 0 X 3 0 1 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 CA X THE ORGANIZATION 4082758770 505 W JULIAN STREET SAN JOSE CA 95110 PRESTON PRINCE PRESIDENT 1.00 39.00 X X 0 438106 69198 RUSSELL BRUNSON VICE PRESIDENT/SECRETARY 1.00 39.00 X X 0 291123 17712 FLAHERTY WARD VICE PRESIDENT/TREASURER 1.00 39.00 X X 0 288251 39072 0 1017480 125982 0 0 1 0 0 RENTAL INCOME 531110 648015 648015 INTEREST - PROGRAM REL 531390 280765 280765 UTILITIES AND TENANT C 900099 141983 141983 OTHER INCOME 900099 1644 1644 1072407 674 674 1073081 1072407 0 674 28675 28675 440967 440967 280629 280629 LOSS ON PROJECT DEVELOP 2689677 2689677 ADMINISTRATIVE 397977 397977 OPERATING & MAINTENANCE 245532 245532 UTILITIES 208616 208616 121878 119458 2420 4413951 4382856 31095 0 1937948 2289990 227001 173687 10609641 10609641 1659 1064 41855587 965738 41170478 40889849 8705728 10767579 62652455 64731810 184180 702217 2014 1612 50562077 54937513 157439 684593 50905710 56325935 X 11746745 8405875 11746745 8405875 62652455 64731810 -3340870 0 X X 0 1 X 1 0 X 1577665 1661700 1261723 1236001 1072407 6809496 1577665 1661700 1261723 1236001 1072407 6809496 0 0 0 6809496 322 412 523 674 1931 322 412 523 674 1931 1577665 1662022 1262135 1236524 1073081 6811427 0.99970 0.99980 0.00030 0.00020 X 40375000 40375000 160828 52935 107893 17928 8954 8974 1301831 903849 397982 40889849 INTEREST RECEIVABLE FROM RELATED-PARTY 1598639 TENANT SECURITY DEPOSITS 28857 DEVELOPMENT IN PROGRESS 9140083 10767579 RELATED-PARTY PAYABLE 90672 INTEREST PAYABLE 565241 TENANT SECURITY DEPOSITS 28680 684593 X 1073081 0 1073081 0 1073081 4413951 0 4413951 0 4413951 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. 0 0 0 0 0 0 0 0 0 PRESTON PRINCE PRESIDENT 0 423606 0 0 0 14500 0 44309 0 24889 0 507304 0 0 FLAHERTY WARD VICE PRESIDENT/TREASURER 0 287119 0 0 0 1132 0 14183 0 24889 0 327323 0 0 RUSSELL BRUNSON VICE PRESIDENT/SECRETARY 0 273681 0 0 0 17442 0 14183 0 3529 0 308835 0 0 PART I, LINE 3 WRITTEN EMPLOYMENT CONTRACTS WERE USED TO ESTABLISH COMPENSATION OF RELATED ORGANIZATION'S EXECUTIVES. BOARD OR COMPENSATION COMMITTEE'S APPROVAL IS ALSO REQUIRED. FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE DIRECTORS/OFFICERS ARE SCCHA EMPLOYEES AND SERVE ON OTHER AFFILIATE BOARDS TOGETHER. FORM 990, PART VI, SECTION A, LINE 3 PROPERTY MANAGEMENT AND ASSET MANAGEMENT SERVICES ARE PROVIDED BY THIRD PARTY AGENTS. FORM 990, PART VI, SECTION A, LINE 8B THERE WERE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE REPORT IS REVIEWED BY SCCHA FINANCE DEPARTMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE THREE MEMBERS OF THE BOARD, WHO ARE HOUSING AUTHORITY EMPLOYEES, ARE BOUND BY THE HOUSING AUTHORITY POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR MAINTAIN ANY EMPLOYEES. ALL OFFICERS ARE COMPENSATED BY THE RELATED ORGANIZATION, SCCHA. BOARD OF DIRECTORS REVIEWS AND APPROVES EXECUTIVE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST AND THROUGH WEBSITE/BOARD MEETINGS. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. AVENIDA ESPANA HDC INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770252447 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 10 SANTA CLARA COUNTY HOUSING AUTHORITY 0 BRACHER HDC INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770360031 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 12A, I SANTA CLARA COUNTY HOUSING AUTHORITY 0 DEROSE HDC INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770197933 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 10 SANTA CLARA COUNTY HOUSING AUTHORITY 0 SANTA CLARA COUNTY HOUSING AUTHORITY 505 WEST JULIAN STREET SAN JOSE CA 95110 941667160 PUBLIC AGENCY CA 170 (B)(1)(A)(V) N/A N/A 0 HOUSING DEVELOPMENT CORPORATION INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770006807 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) PF SANTA CLARA COUNTY HOUSING AUTHORITY 0 PINMORE HDC INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770258392 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 10 SANTA CLARA COUNTY HOUSING AUTHORITY 0 ROTARY PLAZAHACSC HDC INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770282660 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 10 SANTA CLARA COUNTY HOUSING AUTHORITY 0 SPG HOUSING INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770307201 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 12A, I SANTA CLARA COUNTY HOUSING AUTHORITY 0 VILLA GARCIA INC 505 WEST JULIAN STREET SAN JOSE CA 95110 942155250 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 10 SANTA CLARA COUNTY HOUSING AUTHORITY 0 VILLA SAN PEDRO HDC INC 505 WEST JULIAN STREET SAN JOSE CA 95110 770253409 GP TAX CREDIT AFFORDABLE HOUSING CA 501(C)(3) LINE 10 SANTA CLARA COUNTY HOUSING AUTHORITY 0 AE ASSOCIATES LTD 505 W JULIAN STREET SAN JOSE CA 95110 770287245 AFFORDABLE HOUSING CA N/A 0 0 ALVARADO PARK LP 505 W JULIAN STREET SAN JOSE CA 95110 824531045 AFFORDABLE HOUSING CA N/A 0 0 BASCOMHACSC ASSOCIATES LP 505 W JULIAN STREET SAN JOSE CA 95110 770540731 AFFORDABLE HOUSING CA N/A 0 0 BAYBERRY APARTMENTS LP 505 W JULIAN STREET SAN JOSE CA 95110 352725339 AFFORDABLE HOUSING CA N/A 0 0 BELLARMINO PLACE LP 505 W JULIAN STREET SAN JOSE CA 95110 824550370 AFFORDABLE HOUSING CA N/A 0 0 BENDORF DRIVE LP 505 W JULIAN STREET SAN JOSE CA 95110 462782059 AFFORDABLE HOUSING CA N/A 0 0 BLOSSOM RIVER ASSOCIATES 505 W JULIAN STREET SAN JOSE CA 95110 770436532 AFFORDABLE HOUSING CA N/A 0 0 BUENA VISTA COMMONS LP 505 W JULIAN STREET SAN JOSE CA 95110 994681998 AFFORDABLE HOUSING CA N/A 0 0 CLARENDON STREET LP 505 W JULIAN STREET SAN JOSE CA 95110 460593002 AFFORDABLE HOUSING CA N/A 0 0 FAIRGROUNDS LUXURY FAMILY APARTMENTS LP 505 W JULIAN STREET SAN JOSE CA 95110 900179961 AFFORDABLE HOUSING CA N/A 0 0 FAIRGROUNDS SENIOR HOUSING LP 505 W JULIAN STREET SAN JOSE CA 95110 261856752 AFFORDABLE HOUSING CA N/A 0 0 GIRASOL ACQUISITION LP 505 W JULIAN STREET SAN JOSE CA 95110 882865721 AFFORDABLE HOUSING CA N/A 0 0 HACSCCHOICES FAMILY ASSOCIATES LP 505 W JULIAN STREET SAN JOSE CA 95110 770535800 AFFORDABLE HOUSING CA N/A 0 0 HACSCCHOICES SENIOR ASSOCIATES LP 505 W JULIAN STREET SAN JOSE CA 95110 770535802 AFFORDABLE HOUSING CA N/A 0 0 HAWTHORN SENIOR APARTMENTS LP 505 W JULIAN STREET SAN JOSE CA 95110 320664521 AFFORDABLE HOUSING CA N/A 0 0 HELZER ASSOCIATES LP 505 W JULIAN STREET SAN JOSE CA 95110 770479076 AFFORDABLE HOUSING CA N/A 0 0 JARDINES PALOMA BLANCA ACQUISITION LP 505 W JULIAN STREET SAN JOSE CA 95110 882892161 AFFORDABLE HOUSING CA N/A 0 0 JULIAN STREET PARTNERS LP 505 W JULIAN STREET SAN JOSE CA 95110 271038699 AFFORDABLE HOUSING CA N/A 0 0 KLAMATH ASSOCIATES 505 W JULIAN STREET SAN JOSE CA 95110 770358396 AFFORDABLE HOUSING CA N/A 0 0 LAS GOLONDRINAS ACQUISITION LP 505 W JULIAN STREET SAN JOSE CA 95110 882796108 AFFORDABLE HOUSING CA N/A 0 0 LAUREL GROVE LANE LP 505 W JULIAN STREET SAN JOSE CA 95110 474184356 AFFORDABLE HOUSING CA N/A 0 0 MCCREERY AVENUE LP 505 W JULIAN STREET SAN JOSE CA 95110 471242530 AFFORDABLE HOUSING CA N/A 0 0 PARK AVENUE SENIORS LP 505 W JULIAN STREET SAN JOSE CA 95110 474197521 AFFORDABLE HOUSING CA N/A 0 0 PRIMROSE APARTMENTS LP 505 W JULIAN STREET SAN JOSE CA 95110 372013600 AFFORDABLE HOUSING CA N/A 0 0 RINCON GARDENS ASSOCIATES LP 505 W JULIAN STREET SAN JOSE CA 95110 262604164 AFFORDABLE HOUSING CA N/A 0 0 SAGE FAMILY APARTMENTS LP 505 W JULIAN STREET SAN JOSE CA 95110 931364080 AFFORDABLE HOUSING CA N/A 0 0 SAN PEDRO GARDENS ASSOCIATES LTD 505 W JULIAN STREET SAN JOSE CA 95110 770274878 AFFORDABLE HOUSING CA N/A 0 0 TRILLIUM SENIOR APARTMENTS LP 505 W JULIAN STREET SAN JOSE CA 95110 933647426 AFFORDABLE HOUSING CA N/A 0 0 WILLOWS RESYNDICATION LP 505 W JULIAN STREET SAN JOSE CA 95110 994468010 AFFORDABLE HOUSING CA N/A 0 0 WILLOWSHACSC ASSOCIATES 505 W JULIAN STREET SAN JOSE CA 95110 770401125 AFFORDABLE HOUSING CA N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0