2025-09-02T07:36:32-07:00 2024-12-31 883279586 Hiep Pham CPA Inc 41041 Trimboli Way 1926 Fremont CA 94538 990 2024-01-01 680004389 Two Valleys Community Land Trust TWOV 4154884890 PO Box 152 Woodacre CA 94973 Kit Krauss Board Chair 4154884890 2025-05-11 true true Hiep Pham P01346204 5107897736 2025-09-02 2024 2025-03-06 01:10:19Z Kit Krauss PO Box 152 Woodacre CA 94973 310966 false X N/A X 1983 CA The mission of the Two Valleys Community Land Trust is to create, preserve and manage affordable housing in the San Geronimo Valley and beyond. 9 9 4 0 0 0 160079 73490 225678 228855 43 43 8578 385800 310966 0 0 93468 94204 0 395 347913 342149 441381 436353 -55581 -125387 3250950 3049782 3059484 2983699 191466 66083 The mission of the Two Valleys Community Land Trust is to create, preserve and manage affordable housing in the San Geronimo Valley and beyond. false false 330302 0 228855 Sage Lane Sage Lane has three shared housing units rented to six low-income seniors built as part of the French Ranch Development. Mobile Home Park The Mobile Home Park on Sir Francis Drake Blvd. has 19 owner-occupied spaces, and 1 affordable rental. The Park was acquired by the County of Marin in December 2014 to preserve it for use as long term affordable housing in the Valley. The Association agreed to become a partner in the project in October 2014. The Association began managing the Park when the County assumed ownership, and on December 23, 2015, the Association acquired the Park and began a major rehab project. Rehab Project The Park has a Rehab budget of $859,040 which will include a new water system, wastewater system, paving, electrical and fencing repairs, a new common building and area and landscaping. Sir Francis Drake Blvd On March 30, 2024, the Association purchased real property with 3 units of low income housing on Sir Francis Drake Boulevard in Forest Knolls. 330302 true true false false false false false false false false true false false false true false 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 9 0 4 true false false false false false false false false false false X 9 9 false false false false false false false true true false false true false false false false false false CA X Pat Minor 4154884890 PO Box Woodacre CA 94973 X Kit Krauss Chair 20.00 X X 0 0 0 Howie Cort Secretary 6.00 X X 0 0 0 Louis Rosenbaum Treasurer 6.00 X X 0 0 0 Suzanne Sadowsky Director 6.00 X 0 0 0 Laura Sherman Vice Chair 10.00 X X 0 0 0 Joe Walsh Director 6.00 X 0 0 0 Tobias Green Director 6.00 X 0 0 0 Janet Hughes Director 6.00 X 0 0 0 Tammy Newcomb Director 6.00 X 0 0 0 0 0 0 0 false false false 0 73490 73490 Rent Income 532000 228855 0 0 228855 43 0 43 Other Income 999999 8578 8578 0 0 8578 310966 237433 0 43 84660 23040 61620 0 2644 0 2644 0 6900 1987 4913 0 33338 12890 20448 0 12602 12602 0 0 7577 1177 6400 0 46641 46641 0 0 3253 884 2369 0 66358 66289 69 0 62833 62833 0 0 13279 9060 4219 0 Improvements 48096 48096 0 0 Property Tax 16739 16798 -59 0 Homeowners Dues 10584 10584 0 0 Repairs and Maintenance 11074 11074 0 0 9775 6347 3033 395 436353 330302 105656 395 189411 54954 62053 62096 6595 2671 800 801 3576146 646886 2992091 2929260 3250950 3049782 6195 5388 3049704 2974726 3585 3585 3059484 2983699 X 191466 66083 191466 66083 3250950 3049782 -125387 4 X false true X true false X 0 0 58701 96957 71434 160079 73490 460661 218039 218216 222263 225721 228855 1113094 0 0 276740 315173 293697 385800 302345 1573755 0 5000 5000 5000 5000 1568755 43 43 43 43 8578 8578 1582376 0.99140 0.99690 0.00000 0.00000 X Pt III Ln 12 Other Income Part III, Line 12 Description: Other Income 2024: 8578. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2045000 2045000 1531146 646886 884260 2929260 Tenant Deposits 3585 3585 X 310966 310966 310966 436353 436353 436353 Pt X, Line 2 The Association is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Association is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Association has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Association adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Association has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Association believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Associations financial condition, results of operations, or cash flows. Accordingly, the Association has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Pt VI, Line 11b Review will be conducted by the Board. Pt VI, Line 19 Documents are available to the public.