2025-10-02T10:12:45-05:00 2024-06-30 463462919 KKAJ LLP 27200 TOURNEY ROAD STE 475 VALENCIA CA 91355 990 2023-07-01 953251812 LAS TORRES INC C/O FALKENBERG/GILLIAM & ASSOCIATES INC LAST 3232583512 PO BIN 7070 PASADENA CA 911097070 MICHAEL MALONEY PRESIDENT 3232583512 2025-09-11 1 1 THOMAS ENGMAN CPA P00043817 6617054222 2025-09-11 2023 2025-03-06 01:10:19Z MICHAEL MALONEY PO BIN 7070 PASADENA CA 911097070 2477761 0 X N/A X 1981 CA TO PROVIDE HOUSING TO LOW INCOME ELDERLY PERSONS. 7 7 5 0 0 0 1616918 1725844 425463 443797 86543 308120 0 0 2128924 2477761 0 0 0 0 248155 273910 0 0 0 1030694 969697 1278849 1243607 850075 1234154 7717622 8827468 3594221 3469913 4123401 5357555 TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS. 0 0 894847 443797 ALL PROGRAM SERVICES ARE ATTRIBUTABLE TO A SINGLE APARTMENT BUILDING, WHOSE PRIMARY PURPOSE IS TO PROVIDE HOUSING FOR LOW INCOME ELDERLY OR HANDICAPPED PERSONS. THE OPERATIONS ARE REGULATED AND CONTROLLED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 894847 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 5 1 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 CA X X FALKENBERGGILLIAM & ASSOCIATES 3232583512 PO BOX 7070 PASADENA CA 911097070 X MICHAEL MALONEY PRESIDENT 1.00 X X 0 0 0 RICHARD AGOSTINELLI TREASURER 1.00 X X 0 0 0 WILLIAM CREEDON DIRECTOR 1.00 X 0 0 0 ILEGRA EVANS VICE PRESIDENT 1.00 X X 0 0 0 ELIZABETH FAN DIRECTOR 1.00 X 0 0 0 JOSEPH SANDERS SECRETARY 1.00 X X 0 0 0 DOUGLAS DOMINGO-FORASTE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 1725844 1725844 RENT REVENUE 531110 439364 439364 LAUDNRY 531110 4433 4433 443797 308120 308120 2477761 443797 0 308120 X 222162 109355 112807 10613 5224 5389 23494 11565 11929 17641 8683 8958 104694 104694 43636 43636 11432 11432 150844 150844 19551 19551 72623 72623 CONTRACTS 211356 211356 UTILITIES 140412 140412 SUPPLIES 56718 56718 HEATING AND COOLING REP 23765 23765 134666 84751 49915 1243607 894847 348760 0 3269641 3625131 1284 69821 86153 5539144 4950569 608126 588575 2400000 2549765 1370034 1976560 7717622 8827468 65191 44660 3495269 3391223 33761 34030 3594221 3469913 X 4123401 5357555 4123401 5357555 7717622 8827468 1234154 0 X 0 1 X 1 1 1 X 930931 1532414 1585518 1616918 1725844 7391625 930931 1532414 1585518 1616918 1725844 7391625 7391625 68382 61692 7606 86543 308120 532343 7923968 2098766 0.93280 0.95580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 263437 263437 5104415 4779277 325138 171292 171292 0 588575 CERTIFICATES OF DEPOSIT AND INVESTMENTS 2549765 F 2549765 TENANT SECURITY DEPOSITS 34030 ESCROW DEPOSITS 78376 REPLACEMENT RESERVE 1402183 INTEREST RECEIVABLE 84743 CONSTRUCTION IN PROGRESS 377228 1976560 TENANT SECURITY DEPOSITS 34030 34030 X 2477761 0 2477761 0 2477761 1243607 0 1243607 0 1243607 PART X, LINE 2: MANAGEMENT ESTIMATES THAT NO TAX POSITIONS TAKEN BY THE COMPANY WOULD BE ADJUSTED BY TAXING AUTHORITIES UNDER EXAMINATION. THE COMPANY'S TAX RETURNS ARE STILL SUBJECT TO EXAMINATION BY VARIOUS TAX AUTHORITIES FOR TAX YEARS ENDING ON OR AFTER JUNE 30, 2019. FORM 990, PART VI, SECTION A, LINE 3 RETAINED FALKENBERG/GILLIAM & ASSOCIATES, INC. AS APPROVED MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT AND OPERATIONS. THE COMPANY OPERATES RESIDENTIAL PROPERTY FOR LOW INCOME FAMILIES AND IS SUBJECT TO RULES AND REGULATIONS OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). FALKENBERG/GILLIAM & ASSOCIATES SPECIALIZED IN MANAGING HUD ASSISTED PROJECTS TO INSURE COMPLIANCE WITH HUD'S RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPANY IS AUDITED. DURING THE AUDIT THE AUDITOR WORKS WITH THE MANAGEMENT COMPANY AND A BOARD OFFICER TO OBTAIN THE NECESSARY INFORMATION TO PREPARE THE FORM 990. THE FORM 990 IS REVIEWED BY FALKENBERG/GILLIAM FINANCE DEPARTMENT THEN IS FORWARDED TO THE BOARD OFFICER FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION C, LINE 19 IN ADDITION TO THE FORM 990 BEING AVAILABLE UPON REQUEST, IT IS AVAILABLE THROUGH GUIDESTAR.ORG. FORM 990, PART IX, LINE 24E GARBAGE AND TRASH REMOVAL: PROGRAM SERVICE EXPENSES 23,096. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,096. ADMINISTRATIVE RENT FREE UNIT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,590. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,590. SECURITY: PROGRAM SERVICE EXPENSES 17,465. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,465. MORTGAGE INSURANCE PREMIUM: PROGRAM SERVICE EXPENSES 15,970. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,970. WORKERS COMPENSATION INSURANCE: PROGRAM SERVICE EXPENSES 6,205. MANAGEMENT AND GENERAL EXPENSES 6,401. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,606. OTHER TAXES, LICENSES AND PERMITS: PROGRAM SERVICE EXPENSES 11,935. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,935. OCCUPANCY SPEICALIST: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,861. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,861. LOS ANGELES COUNTY ASSESSMENTS: PROGRAM SERVICE EXPENSES 7,386. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,386. CONVENTIONS AND MEETINGS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,370. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,370. MANAGEMENT CONSULTANTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,475. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,475. RESIDENT COUNCIL: PROGRAM SERVICE EXPENSES 2,414. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,414. MISC ADMINISTRATIVE EXPENSE: PROGRAM SERVICE EXPENSES 280. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 280. OTHER RENTING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 218. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 218.