2025-09-09T09:44:23-05:00 2024-12-31 946214841 ARMANINO ADVISORY LLC 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2024-01-01 770329569 RINCON DE LOS ESTEROS INC RINC 4082918650 75 E SANTA CLARA STREET 1175 SAN JOSE CA 95113 RICHARD CONNIFF CHAIRMAN & CEO 4082918650 2025-09-08 1 1 WANWAN ZHANG P01317662 4082006400 2025-09-04 2024 2025-03-06 01:10:19Z X RICHARD CONNIFF 75 E SANTA CLARA STREET 1175 SAN JOSE CA 95113 9884 0 X WWW.FIRSTHOUSING.ORG X 1992 CA PROVIDES HOUSING FOR LOW INCOME PERSONS AND FAMILIES AND OWNS AND OPERATES APARTMENT COMPLEXES. 13 13 0 13 0 0 234899 1627 4971312 2000 32205489 -53999 -528854 0 36882846 -50372 20630082 1612312 0 0 620222 0 0 0 0 4695518 279000 25945822 1891312 10937024 -1941684 2243652 39806 7233702 6971540 -4990050 -6931734 THE CORPORATION SERVES AS GENERAL PARTNER FOR TWO TAX CREDIT PARTNERSHIPS PROVIDING AFFORDABLE HOUSING. IT WAS MOVED FROM 100% OWNED RENTAL PROPERTIES STARTING JANUARY 1, 2024. 0 0 1803459 1612312 2000 THE ORGANIZATION SERVES AS GENERAL PARTNER OF TWO LIMITED PARTNERSHIPS AND PROVIDES MANAGEMENT SERVICES TO BOTH PARTNERSHIPS. EACH PARTNERSHIP OWNS AND OPERATES MULTI-FAMILY APARTMENT BUILDINGS FOR A TOTAL OF 87 UNITS IN SAN JOSE AND SUNNYVALE. 209 PEOPLE WERE SERVED DURING THE YEAR. 1803459 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 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 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X KATHIE LEE INTERIM DIRECTOR OF FIN 4082918650 75 E SANTA CLARA STREET 1175 SAN JOSE CA 95113 X MICHAEL P SANTERO COO 0.50 40.00 X 0 314706 53033 KATHIE LEE INTERIM DIRECTOR OF FINANCE (START 02/24) 0.50 40.00 X 0 0 0 DAVID MUNSON DIRECTOR OF FINANCE (THRU 02/24) 0.50 40.00 X 0 42122 7173 RICHARD L CONNIFF CHAIRMAN & CEO 0.50 15.00 X X 0 0 0 RU WEERAKOON VICE PRESIDENT 0.50 1.00 X X 0 0 0 DUNIA NOEL SECRETARY 0.50 1.00 X X 0 0 0 ROBERT SHERRARD TREASURER 0.50 1.00 X X 0 0 0 BILL ANDERSON DIRECTOR 0.50 1.00 X 0 0 0 KERMIT CONLEY DIRECTOR 0.50 1.00 X 0 0 0 JOSH CROSS DIRECTOR 0.50 1.00 X 0 0 0 GERRY DEYOUNG DIRECTOR 0.50 1.00 X 0 0 0 JEFF GEE DIRECTOR 0.50 1.00 X 0 0 0 MATTHEW JAMES DIRECTOR 0.50 1.00 X 0 0 0 SUSAN MUYSENBERG DIRECTOR 0.50 1.00 X 0 0 0 PRESTON PRINCE DIRECTOR 0.50 1.00 X 0 0 0 JOYCE RODGER DIRECTOR 0.50 1.00 X 0 0 0 0 356828 60206 0 0 1 0 0 1627 1627 PTNRSHIP MGMT FEE 531110 2000 2000 2000 6257 6257 60256 -60256 -60256 -60256 -50372 2000 0 -53999 1612312 1612312 49326 49326 15619 15619 1084 786 298 185 185 LOSS ON PARTNERSHIP INV 187200 187200 REPAIRS AND MAINTENANCE 2976 2976 22610 22610 1891312 1803459 87853 0 1546860 1032 43941 34774 23652 629199 4000 2243652 39806 96792 0 7136910 6971540 7233702 6971540 X -4990050 -6931734 -4990050 -6931734 2243652 39806 -1941684 0 X 0 1 X 1 0 X X X 1 FIRST COMMUNITY HOUSING 770119210 7 1 1612312 0 1 1612312 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 RECEIVABLE FROM AFFILIATE 4000 4000 ACCOUNTS PAYABLE - AFFILIATES 49326 DEFICIT IN INVESTMENT IN LIMITED PARTNERSHIPS 6922214 6971540 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR THE TAX YEARS 2021 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE TAX YEARS 2020 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. 1 FIRST COMMUNITY HOUSING 75 EAST SANTA CLARA STREET SAN JOSE CA 95113 770119210 501C3 1612312 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION DONATED FUNDS FROM SALE OF PROPERTY TO ITS RELATED ORGANIZATION, FIRST COMMUNITY HOUSING, TO BE USED FOR RELATED LOW-INCOME HOUSING PROJECTS. 1 0 0 0 0 0 0 0 0 MICHAEL P SANTERO COO 0 218248 0 0 0 96458 0 6053 0 46980 0 367739 0 0 PART I, LINE 3 A RELATED ORGANIZATION, FIRST COMMUNITY HOUSING (FCH) DID NOT COMPENSATE ITS CEO IN CALENDAR YEAR 2024. ON NOVEMBER 18, 2024, FCH CONTRACTS WITH AVENIDA ESPANA HDC INC. TO PROVIDE ASSET MANAGEMENT AND ADMINISTRATIVE SERVICES. FCH CONTRACTS WITH RAVIX FINANCIAL TO PROVIDE OUTSOURCED FINANCE AND ACCOUNTING SUPPORT. PART I, LINE 4A THE AMOUNT LISTED IN PART II, SECTION B. (III), OTHER REPORTABLE COMPENSATION, IS RELATED TO SEPARATION PAYMENTS FROM FIRST COMMUNITY HOUSING (FCH). ON NOVEMBER 18, 2024, FIRST COMMUNITY HOUSING ENTERED INTO A MANAGEMENT SERVICES AGREEMENT WITH AVENIDA ESPANA HDC INC. AVENIDA WILL BE FURNISHING ADMINISTRATIVE, OPERATIONAL, AND MANAGEMENT SERVICES AND AS A RESULT, NO EMPLOYEES OF FCH REMAINED AFTER 12/31/24. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD MEMBERS, AND THE FINANCE COMMITTEE AND MANAGEMENT REVIEW AND APPROVE THE FORM 990 BEFORE FILING IT. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST FORM ANNUALLY DISCLOSING ANY POSSIBLE CONFLICT. THOSE FORMS ARE GIVEN TO THE BOD CHAIRMAN, WHO EVALUATES THE POSSIBLE CONFLICTS AND FOLLOW THE POLICIES PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S CEO WAS A VOLUNTEER AND NOT COMPENSATED. OTHER KEY EMPLOYEES OF THE ORGANIZATION WERE COMPENSATED BY FIRST COMMUNITY HOUSING (FCH), A RELATED CALIFORNIA NON-PROFIT ORGANIZATION THROUGH END OF THE YEAR. ON NOVEMBER 18, 2024, FCH CONTRACTS WITH AVENIDA ESPANA HDC INC. TO PROVIDE ASSET MANAGEMENT AND ADMINISTRATIVE SERVICES. FCH CONTRACTS WITH RAVIX FINANCIAL TO PROVIDE OUTSOURCED FINANCE AND ACCOUNTING SUPPORT. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND OTHER PUBLIC DOCUMENTS ARE PROVIDED UPON REQUEST. FORM 990 PART VII SECTION A COLUMN (B) ALL BOARD MEMBERS ATTEND BOARD MEETINGS OF OTHER RELATED ORGANIZATIONS. THE CEO IS AN UNPAID VOLUNTEER SERVING 15 HOURS/WEEK FOR FIRST COMMUNITY HOUSING, A RELATED NON-PROFIT ORGANIZATION. FIRST COMMUNITY HOUSING 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770119210 DEVELOPER OF AFFORDABLE HOUSING CA 501(C)(3) LINE 7 N/A 0 FIRST HOUSING SERVICES INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 201253637 SERVICE PROVIDER FOR AFFORDABLE HOUSING CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 EL PASEO APARTMENTS INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770563647 GENERAL PARTNER FOR AFFORDABLE HOUSING AND OWNER OF AFFORDABLE RENTAL COMPLE CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 GUADALUPE INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770207370 GENERAL PARTNER FOR AFFORDABLE HOUSING CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 TROY APARTMENTS INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 830340920 OWNER OF AFFORDABLE HOUSING APARTMENT BUILDING CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 PAULA APARTMENTS INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770509841 OWNER OF AFFORDABLE HOUSING APARTMENT BUILDING CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 CRAIG GARDENS INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770566901 GENERAL PARTNER FOR AFFORDABLE HOUSING CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 BETTY ANNE GARDENS INC 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770563148 GENERAL PARTNER FOR AFFORDABLE HOUSING CA 501(C)(3) LINE 12A, I FIRST COMMUNITY HOUSING 0 FIRST COMMUNITY LAND 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 851098163 DEVELOPER OF AFFORDABLE HOUSING CA 501(C)(3) LINE 12B, II FIRST COMMUNITY HOUSING 0 PARKVIEW APARTMENTS ASSOCIATES 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770478063 OWNER OF AFFORDABLE HOUSING APARTMENT BUILDING CA RINCON DE LOS ESTEROS INC RELATED -197 -85566 0 1 0.00100 KING ROAD ASSOCIATES 75 E SANTA CLARA STREET STE 1175 SAN JOSE CA 95113 770470166 OWNER OF AFFORDABLE HOUSING APARTMENT BUILDING CA RINCON DE LOS ESTEROS INC RELATED -120 102153 0 1 0.00100 1585 STUDIOS LP 75 E SANTA CLARA STREET 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