2025-11-07T16:54:43-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-01-01 954706651 HERITAGE HOUSING PARTNERS HERI 6264034663 608 NORTH FAIR OAKS AVENUE 126 PASADENA CA 91103 CHARLES E LOVEMAN JR EXECUTIVE DIRECTOR 6264034663 2025-11-07 1 1 MARLEN GOMEZ P01306775 9099857286 2025-11-07 2024 2025-03-06 01:10:19Z CHARLES E LOVEMAN JR 608 NORTH FAIR OAKS AVENUE 126 PASADENA CA 91103 3918294 0 X WWW.HERITAGEHOUSINGPARTNERS.ORG X 1998 CA TO PROMOTE HISTORIC PRESERVATION AND NEIGHBORHOOD REVITALIZATION BY DEVELOPING, OWNING, AND OPERATING RENTAL OR FOR SALE LOW-INCOME HOUSING PROPERTY. 9 9 7 10 0 0 2585547 35350 40431492 3662191 40839 36633 114695 184120 43172573 3918294 0 0 0 0 695616 778895 0 0 0 38027519 4287981 38723135 5066876 4449438 -1148582 43203659 57290971 48995327 64231221 -5791668 -6940250 X TO PROMOTE HISTORIC PRESERVATION AND NEIGHBORHOOD REVITALIZATION BY DEVELOPING, OWNING, AND OPERATING RENTAL OR FOR SALE LOW-INCOME HOUSING PROPERTY. 0 0 4904823 0 3838105 THE ORGANIZATION WORKED ON THE PREDEVELOPMENT, REHABILITATION, AND NEW CONSTRUCTION OF OVER 250 UNITS SOLD PRIMARILY TO FIRST TIME LOW TO MODERATE INCOME HOME BUYERS IN PASADENA, CALIFORNIA. 4904823 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 21 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 1 1 0 0 CA X JOSE GRANADOS 6264034663 608 NORTH FAIR OAKS AVE UNIT 126 PASADENA CA 91103 CHARLES E LOVEMAN JR EXECUTIVE DIRECTOR 50.00 1.00 X 242179 0 4200 MARIANNE WILLIAMS ACCOUNTANT 40.00 0.00 X 117520 0 4200 BLAIR MILLER PRESIDENT 2.00 0.00 X X 0 0 0 EMILY WARE VICE PRESIDENT 1.00 0.00 X X 0 0 0 PATRICK CRANDALL TREASURER 1.00 0.00 X X 0 0 0 MERCEDES MARTIN SECRETARY 1.00 0.00 X X 0 0 0 ROBERT CARPENTER DIRECTOR 1.00 0.00 X 0 0 0 KAREN DAVIS DIRECTOR 1.00 0.00 X 0 0 0 ANTONIO MANNING DIRECTOR 1.00 0.00 X 0 0 0 JASMIN SHUPPER DIRECTOR 1.00 0.00 X 0 0 0 NANCY SPEARS DIRECTOR 1.00 0.00 X 0 0 0 359699 0 8400 2 0 1 0 ANDREW OLIVER 1405 N ROOSEVELT AVE PASADENA CA 91104 PROJECT MANAGEMENT AND CONSTRUCTION SERV 351450 JOSE C GRANADOS PO BOX 20972 RIVERSIDE CA 92516 FINANCAL AND ACCOUNTING SERVICES 104308 2 35350 35350 REAL ESTATE SALES 531390 3612151 3612151 MANAGEMENT FEES 531390 50040 50040 3662191 36633 36633 175914 0 175914 175914 175914 REFUND REVENUE 531390 7812 7812 MISCELLANEOUS REVENUE 531390 394 394 8206 3918294 3838105 0 44839 246379 184784 61595 460463 430028 30435 21000 15750 5250 51053 45585 5468 132198 131725 473 131141 108248 22893 4581 4581 2772 2079 693 27836 20875 6961 109644 108508 1136 1770 1327 443 410 307 103 139916 125108 14808 52685 50461 2224 63992 54421 9571 COST OF SALES 3440657 3440657 OTHER EXPENSES 180379 180379 5066876 4904823 162053 0 311413 425269 1206378 681642 16257819 16157874 21258710 34157647 6055199 230584 4123171 5824615 46168 43924 43203659 57290971 1977202 2244723 14985295 15026005 32032830 46960493 48995327 64231221 X -5791668 -6940250 -5791668 -6940250 43203659 57290971 -1148582 0 X X 0 1 X 1 0 X 9306 186943 257516 2585547 35350 3074662 9306 186943 257516 2585547 35350 3074662 3074662 13332 18643 110746 155534 212547 510802 4000 33217 35080 8206 80503 3665967 60504324 0.83870 0.88740 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: REFUNDS/REBATES - 2020 AMOUNT: $ 4,000. 2021 AMOUNT: $ 33,217. OTHER INCOME - 2022 AMOUNT: $ 35,080. 2024 AMOUNT: $ 8,206. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1966685 1966685 2279122 230584 2048538 1741836 1741836 67556 67556 5824615 X PART X, LINE 2: HHP IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND BY THE CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2024. ALL SUBSIDIARIES QUALIFY AS TAX EXEMPT TITLE HOLDING COMPANIES UNDER CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(H). HHP FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY. IF APPLICABLE, HHP RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS PART OF INCOME TAX EXPENSE AND INCLUDES ACCRUED INTEREST AND PENALTIES WITH ACCRUED EXPENSES IN THE STATEMENT OF FINANCIAL POSITION. X X 0 0 0 0 0 0 0 0 0 CHARLES E LOVEMAN JR EXECUTIVE DIRECTOR 210929 0 31250 0 0 0 0 0 4200 0 246379 0 0 0 FORM 990, PART III, LINE 4A THE ORGANIZATION WORKED ON THE PREDEVELOPMENT, REHABILITATION, AND NEW CONSTRUCTION OF OVER 250 UNITS SOLD PRIMARILY TO FIRST TIME LOW TO MODERATE INCOME HOME BUYERS IN PASADENA, CALIFORNIA. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PRESENTED TO THE BOARD FOR COMMENTS AND/OR APPROVAL PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY MEMBERS OF THE BOARD OF DIRECTORS. THE PRESIDENT AND THE SECRETARY OF THE BOARD ARE AUTHORIZED AND DIRECTED TO SEE THAT THE POLICY IS EFFECTUATED. ANY DIRECTOR HAVING A POSSIBLE CONFLICT OF INTEREST ON ANY MATTER IS REQUIRED TO DISCLOSE THE CONFLICT TO THE OTHER DIRECTORS AND TO RECUSE THEMSELVES FROM VOTING ON THE MATTER. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE CONFLICTING INTEREST, INCLUDING ANY FINANCIAL INTEREST, CLOSE RELATIONSHIPS (SUCH AS A FAMILY MEMBER OR PARTNER) AND HOLDINGS IN ANY OTHER ORGANIZATIONS WITH WHICH MAY HAVE A FINANCIAL INTEREST THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. AFTER DISCLOSURE, THE INTEREST PERSON WILL BE ASKED TO LEAVE THE ROOM FOR THE DISCUSSION AND WILL NOT BE PERMITTED TO VOTE ON THE QUESTION. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON (EMPLOYEES, BOARD MEMBERS, OFFICERS, ETC), WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND PRINCIPAL. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMMITTEE MEET TO DISCUSS AND EVALUATE COMPENSATION OF EXECUTIVE DIRECTOR. ONCE APPROVED, COMPENSATION IS ADJUSTED ACCORDINGLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 18 THE PUBLIC IS GIVEN THE OPPORTUNITY TO INSPECT THE TAX RETURNS DURING NORMAL BUSINESS HOURS. FORM 990, PART VI, SECTION C, LINE 19 HERITAGE HOUSING PARTNERS MAKES IT GOVERNING DOCUMENTS AND FINANCIAL INFORMATION AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. HHP-DFO LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 203922326 HOUSING CA 17646 4232254 HHP HHP-DECKER LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 472340938 HOUSING CA 0 12423 HHP HHP-PENN LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 452548293 HOUSING CA 0 1663 HHP HHP-SUMMIT LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 464745477 HOUSING CA 0 5822313 HHP HHP-HIGHLAND LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 472642498 HOUSING CA 0 3077 HHP HHP-LOG LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 824307778 HOUSING CA 197555 15759250 HHP HHP-WALNUT LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 845176040 HOUSING CA 688 27910326 HHP HHP-GILL LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 824149251 HOUSING CA 0 10556 HHP HHP-1421 LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 871580307 HOUSING CA 113939 1469987 HHP HHP-FOOTHILL LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 882108468 HOUSING CA 40186 2542681 HHP HHP-2318 LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 993398252 HOUSING CA 0 1684089 HHP HHP-NEW PROSPECT DEVELOPMENT LLC 608 N FAIR OAKS AVE NO 126 PASADENA CA 91103 334780135 HOUSING CA 0 0 HHP HHP CAPITAL INC 608 S FAIR OAKS AVE NO 126 PASADENA CA 91103 811711003 HOUSING CA 501(C)(3) LINE 12B, II HERITAGE HOUSING PARTNERS 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 HHP CAPITAL INC L 60940 ACCRUAL