2025-02-18T13:43:08+00:00 2024-03-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2023-04-01 770324027 Lytton IV Housing Corporation LYTT 9259567370 800 North Brand Blvd 19th floor Glendale CA 91203 Eduardo Salvador CFO 9259567370 2025-02-18 true Jeanette Verrelli P00742631 9727028262 2025-02-17 2023 2025-03-06 01:10:19Z X EDUARDO SALVADOR 800 North Brand Blvd 19th Fl Glendale CA 91203 503562 false X https://www.chm.org/ X 1992 CA TO PROVIDE QUALITY SENIOR COMMUNITIES, ENCOMPASSING HOUSING, SOCIAL & HEALTH CARE SERVICES. 6 6 4 8 0 0 0 0 453113 555794 2394 7002 10303 -59234 465810 503562 0 0 0 0 149987 74193 0 0 0 543585 552818 693572 627011 -227762 -123449 22533231 22658212 6952916 7201346 15580315 15456866 TO PROVIDE LOWER INCOME SENIORS WITH QUALITY COMMUNITIES, ENCOMPASSING HOUSING, SOCIAL & HEALTH CARE SERVICES. false false 512860 496560 LYTTON IV HOUSING CORPORATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION INCORPORATED IN THE STATE OF CALIFORNIA TO DEVELOP, CONSTRUCT AND OPERATE A 51 UNIT INDEPENDENT LIVING APARTMENT COMPLEX (THE "PROJECT") IN PALO ALTO, CALIFORNIA FOR LOW INCOME SENIORS. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. SUCH PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO ALLOWABLE RENT CHARGES, OPERATING METHODS AND USE OF ASSETS. THE PROJECT CONSISTS OF 50 PARTIALLY SUBSIDIZED UNITS AND ONE EMPLOYEE UNIT. 66 PEOPLE WERE SERVED DURING THE YEAR. 512860 true false false false false false false true false true false false false true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true true false false false true 1 0 true 4 true false false false false false false false false false false false false X 6 6 false true true false true true true true true false false false true true true true true false false false CA X X Eduardo Salvador 9259567400 800 North Brand Blvd 19th Fl Glendale CA 91203 Ken Donnelly Chairman 1.0 7.0 X X 0 0 0 Marion McGovern Vice Chairman 1.0 7.0 X X 0 0 0 Carlos Jimenez Director 1.0 7.0 X 0 0 0 Kevin Koeker Director 1.0 7.0 X 0 0 0 Margol Kennison Director 1.0 7.0 X 0 0 0 William Peters Director 1.0 7.0 X 0 0 0 Eduardo Salvador CFO 0.1 39.9 X 0 673130 12564 Rachel Vranich Chief Legal Officer / SECRETARY 0.1 39.9 X 0 467584 34600 Sean Kelly CEO 0.1 39.9 X 0 618975 47706 Gevork Akopyan Chief Human Resources Officer 0.1 39.9 X 0 275603 5619 Kari Olson Chief Innovation & Technology Officer 0.1 39.9 X 0 659093 32535 Mary McMullin Chief Strategy/Adv. Officer 0.1 39.9 X 0 455032 62928 Joseph Miller Director of Finance-Affordable 0.1 39.9 X 0 138541 14792 Soraya Diaz President-Affordable 4.0 36.0 X 0 308708 32666 Vanessa Lombardo Director of Operations-Affordable 0.1 39.9 X 0 134748 23299 JOHN WOODWARD FORMER CEO 0.0 0.0 X 0 634857 10401 0 4366271 277110 0 true true false 0 0 HUD ASSISTANCE INCOME 531390 390463 390463 RENTAL INCOME 531110 165331 165331 0 0 0 0 555794 7002 7002 0 0 0 0 LAUNDRY/VENDING 812300 474 474 LOSS ON IMPAIRMENT OF PREDEVELOPMENT COSTS 900099 -60124 -60124 OTHER INCOME 900099 416 416 0 0 0 0 -59234 503562 496560 0 7002 47050 33956 13094 2439 1760 679 20959 15126 5833 3745 2703 1042 46072 46072 26870 26870 47363 47363 0 0 12463 8995 3468 39809 28730 11079 81548 81548 277082 277082 12676 9148 3528 Dues & Subscriptions 5191 3746 1445 Bank Fees 3166 2285 881 Other Expenses 578 418 160 0 0 0 0 627011 512860 114151 0 370154 757484 15304 378898 27960 21430 0 0 339 544 22308237 808381 21733253 21499856 0 0 386221 0 22533231 22658212 333910 393938 15304 14970 0 6198276 6198276 405426 594162 6952916 7201346 X 15580315 15456866 15580315 15456866 22533231 22658212 -123449 0 X false true X true false X 0 379882 379560 376830 453113 496560 2085945 0 0 0 379882 379560 376830 453113 496560 2085945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2085945 702 142 87 2394 7002 10327 0 702 142 87 2394 7002 10327 0 17844 1968 1918 10303 0 32033 398428 381670 378835 465810 503562 2128305 0.9801 0.962 0 0.0018 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 17844.0, COLUMN B - 1968.0, COLUMN C - 1918.0, COLUMN D - 10303.0, COLUMN E - 0.0, COLUMN F - 32033.0; false true X 16000000 16000000 5815828 604679 5211149 319659 62156 257503 43960 43960 0 128790 97586 31204 21499856 Affiliated organizations payables 594162 594162 503562 0 0 503562 0 0 503562 627011 0 0 627011 0 0 627011 Schedule D, Part X, Line 2 ASC 740 Footnote MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part IV, Line 2b Explanation of escrow agreement RESIDENT SECURITY DEPOSITS ARE COLLECTED AND MAINTAINED BY LYTTON IV HOUSING CORPORATION, PER HUD REGULATIONS. IF A RESIDENT LEAVES, THE BALANCE REMAINING IN THE FUND IS RETURNED. ASSETS HELD, INCLUDED IN SAVINGS AND TEMPORARY CASH INVESTMENTS, AMOUNTED TO APPROXIMATELY $15,304 AND $16,302 AS OF MARCH 31, 2023 AND 2024, RESPECTIVELY. AS THESE FUNDS DO NOT REPRESENT ASSETS OF LYTTON IV HOUSING CORPORATION, A CORRESPONDING TRUST ACCOUNT LIABILITY IS REPORTED IN ESCROW OR CUSTODIAL ACCOUNT LIABILITY. false true false false false false false false false JOHN WOODWARD FORMER CEO 0 221957 0 398242 0 14658 0 9900 0 501 0 645258 0 0 Sean Kelly CEO 0 614269 0 75 0 4631 0 0 0 47706 0 666681 0 0 Eduardo Salvador CFO 0 402786 0 250287 0 20057 0 10650 0 1914 0 685694 0 0 Rachel Vranich Chief Legal Officer / SECRETARY 0 350390 0 100072 0 17122 0 9900 0 24700 0 502184 0 0 Kari Olson Chief Innovation & Technology Officer 0 404432 0 232625 0 22036 0 10650 0 21885 0 691628 0 0 Mary McMullin Chief Strategy/Adv. Officer 0 309987 0 124434 0 20611 0 9900 0 53028 0 517960 0 0 Gevork Akopyan Chief Human Resources Officer 0 272317 0 72 0 3214 0 1622 0 3997 0 281222 0 0 Soraya Diaz President-Affordable 0 260194 0 20936 0 27578 0 8699 0 23967 0 341374 0 0 Joseph Miller Director of Finance-Affordable 0 137383 0 80 0 1078 0 4182 0 10610 0 153333 0 0 Vanessa Lombardo Director of Operations-Affordable 0 132449 0 1280 0 1019 0 4216 0 19083 0 158047 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation ALL OF THE EMPLOYEES LISTED ON FORM 990 PART VII SECTION A--OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES--ARE EMPLOYED AND COMPENSATED BY FRONT PORCH COMMUNITIES AND SERVICES. THE ORGANIZATION RELIED ON FRONT PORCH COMMUNITIES AND SERVICES USING 3 METHODS DESCRIBED ON PART I, LINE 3 TO ESTABLISH OFFICER'S COMPENSATION. THE METHODS USED ARE: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FRONT PORCH COMMUNITIES AND SERVICES REPORT 100% OF THE INDIVIDUAL'S COMPENSATION ON W-2'S ISSUED BY FRONT PORCH COMMUNITIES AND SERVICES. HOWEVER, SOME OF THESE EMPLOYEES ARE ASSIGNED DUTIES FOR OTHER RELATED ORGANIZATIONS (SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING THE RELATED ORGANIZATIONS). THE SALARIES REPORTED ON PART VII OF THE 990 AND SCHEDULE J ARE IN PART SUPPORTED THROUGH MANAGEMENT FEES REMITTED TO CARING HOUSING MINISTRIES. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DESCRIBED IN 457(F): AMOUNTS INCLUDED IN W-2 SORAYA DIAZ: $12,107 JOHN WOODWARD: $8,110 RACHEL VRANICH: $16,282 EDUARDO SALVADOR $18,125 KARI OLSON: $18,424 Gevork AKOPYAN: $1,485 MARY MCMULLIN: $15,067 AMOUNTS IN DEFERRED SORAYA DIAZ: NONE JOHN WOODWARD: NONE RACHEL VRANICH: NONE EDUARDO SALVADOR: NONE KARI OLSON: NONE Gevork AKOPYAN: NONE MARY MCMULLIN: NONE Form 990, Part VI, Line 15 COMPENSATION OF ALL EMPLOYEES OF LYTTON IV HOUSING CORPORATION IS PAID BY ITS ULTIMATE OWNER, FRONT PORCH COMMUNITIES AND SERVICES. W2S/W3S ARE ISSUED BY FRONT PORCH COMMUNITIES AND SERVICES. SENIOR MANAGEMENT EMPLOYEES LISTED IN PART VII ARE EMPLOYEES OF FRONT PORCH COMMUNITIES AND SERVICES, A RELATED ORGANIZATION. THEY ARE PAID AND ISSUED W-2S BY FRONT PORCH COMMUNITIES AND SERVICES. THE SALARIES REPORTED ON PART VII OF THE 990 AND SCHEDULE J ARE IN PART SUPPORTED THROUGH MANAGEMENT FEES REMITTED TO CARING HOUSING MINISTRIES. FRONT PORCH COMMUNITIES AND SERVICES USES AN INDEPENDENT CONSULTANT WHO ANALYZES AND REPORTS ON REASONABILITY OF COMPENSATION EVERY TWO YEARS. THE CONSULTANT IS INDEPENDENT OF MANAGEMENT AND REPORTS DIRECTLY TO THE CHAIRMAN OF THE BOARD. THE CONSULTANT REVIEWS AND PROVIDES A REPORT ON ANY ISSUES WITH THE COMPENSATION THE CEO AND/OR THE CFO RECEIVE INCLUDING ANY ISSUES AROUND EXCESS COMPENSATION. ADDITIONALLY, ALL KEY EXECUTIVES COMPENSATION ARE REVIEWED BY THE CONSULTANT. THIS REVIEW INCLUDES TOTAL CASH COMPENSATION AND BENEFITS INCLUDING RETIREMENT PLANS. EVERY YEAR, THE CHIEF HR OFFICER REVIEWS THE COMPENSATION FOR ALL MANAGEMENT AGAINST MARKET ANALYSIS GUIDELINES AND RECOMMENDS CHANGES. THIS REVIEW ALSO INCLUDES A TEST OF BENEFITS AGAINST SIMILAR COMPANIES. Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION CONTRACTED WITH CARING HOUSING MINISTRIES TO PROVIDE PROPERTY MANAGEMENT, OPERATIONAL, AND ACCOUNTING SERVICES. Form 990, Part VI, Line 4 Significant changes to organizational documents EFFECTIVE JULY 1, 2023, AFFORDABLE COMMUNITIES MERGED WITH CARING HOUSING MINISTRIES, INC (CARING), AND CARING BECAME LYTTON IV HOUSING CORPORATION'S SOLE MEMBER. Form 990, Part VI, Line 6 Classes of members or stockholders CARING HOUSING MINISTRIES, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION IS THE SOLE MEMBER OF LYTTON IV HOUSING CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body CARING HOUSING MINISTRIES HAS THE RIGHT TO VOTE WITH RESPECT TO ELECTING AND REMOVING THE DIRECTORS OF THE LYTTON IV HOUSING CORPORATION BOARD. THE DIRECTORS SHALL AT ALL TIMES CONSIST OF THOSE PERSONS WHO ARE SERVING AS MEMBERS OF THE BOARD OF DIRECTORS OF CARING HOUSING MINISTRIES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CARING HOUSING MINISTRIES SHALL HAVE VOTING RIGHTS WITH RESPECT TO (I) THE ELECTION AND REMOVAL OF DIRECTORS, (II) THE DISSOLUTION, LIQUIDATION, MERGER OR SALE OF THE SUBSTANTIAL ASSETS OF THE CORPORATION, (III) ADOPTING, AMENDING OR REPEALING THE ARTICLES OF INCORPORATION OF THE CORPORATION OR BYLAWS, AND (IV) SUCH OTHER MATTERS AS MAY BE PROVIDED IN THE BYLAWS OR THE NONPROFIT CORPORATION LAW OF CALIFORNIA. Form 990, Part VI, Line 11b Review of form 990 by governing body THE CFO AND MANAGEMENT PERSONNEL OF LYTTON IV HOUSING CORPORATION REVIEW THE 990 INFORMATION RETURN BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy OFFICERS AND BOARD MEMBERS ARE ASKED ON AN ANNUAL BASIS IF THERE ARE ANY ACTIVITIES AND/OR AFFILIATIONS THAT WOULD POSE A CONFLICT WITH THEIR ABILITY TO SERVE ON THE BOARD OR ITEMS THAT THEY WILL NEED TO RECUSE THEMSELVES FROM VOTING ON. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FRONT PORCH COMMUNITIES AND SERVICES 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 954538269 AFFORDABLE SENIOR HOUSING CA 501(c)(3) 10 NA false FRONT PORCH COMMUNITIES FOUNDATION 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 953862907 PROVIDE FINANCIAL SUPPORT TO RESIDENTS IN RETIREMENT COMMUNITIES CA 501(c)(3) 7 FRONT PORCH COMMUNITIES AND SERVICES true CARING HOUSING MINISTRIES 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 954540601 MANAGEMENT OF AFFORDABLE SENIOR HOUSING CA 501(c)(3) 10 FRONT PORCH COMMUNITIES AND SERVICES true SUNNY VIEW LUTHERAN HOME 22445 CUPERTINO ROAD CUPERTINO CA 95014 941542379 AFFORDABLE SENIOR HOUSING CA 501(c)(3) 10 FRONT PORCH COMMUNITIES AND SERVICES true COVIA AFFORDABLE COMMUNITIES 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 943382412 PROVIDE DIRECTION, SUPPORT SERVICES & ACTIVITIES FOR SUPPORTED ORG'N CA 501(c)(3) Type II FRONT PORCH COMMUNITIES AND SERVICES true JENNINGS SENIOR HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 113754507 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(c)(3) 10 CARING HOUSING MINISTRIES true COMMUNITY HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942264235 AFFORDABLE SENIOR HOUSING CA 501(c)(3) 10 CARING HOUSING MINISTRIES true OAK CENTER TOWERS 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942148270 AFFORDABLE SENIOR HOUSING CA 501(c)(3) 10 CARING HOUSING MINISTRIES true BETHANY CENTER SENIOR HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 952593423 PROVIDE AFFORDABLE HOUSING TO ELDERLY PERSONS CA 501(c)(3) 10 CARING HOUSING MINISTRIES true PRESIDIO GATE APARTMENTS 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 680012837 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(c)(3) 10 CARING HOUSING MINISTRIES true LYTTON GARDENS INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942670036 DORMANT CA 501(c)(3) 3 FRONT PORCH COMMUNITIES AND SERVICES true SHIRES MEMORIAL CENTER 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 941558214 PROVIDE AFFORDABLE HOUSING TO ELDERLY PERSONS CA 501(c)(3) 10 CARING HOUSING MINISTRIES true FRONT PORCH ENTERPRISES 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 383739147 SUPPORT SERVICES CA 501(c)(3) Type I NA false OAK CENTERS LP 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 522456294 PROVIDE AFFORDABLE HOUSING TO ELDERLY CA NA N/A false false false false false false false false false false false false true false true true false false false