2025-01-21T16:22:50-06:00 2024-06-30 943108253 NOVOGRADAC & COMPANY LLP 1144 HOOPER AVE SUITE 203 TOMS RIVER NJ 08753 990 2023-07-01 851207604 NEW HORIZONS AFFORDABLE HOUSING & DEVELOPMENT INC NEWH 8314545908 2160 41ST AVENUE CAPITOLA CA 95010 AARON POMEROY FINANCE DIRECTOR 8314545908 2025-01-21 1 1 RICHARD M LARSEN P01233142 7325034257 2023 2024-10-15 13:58:12Z AARON POMEROY 2160 41ST AVENUE CAPITOLA CA 95010 10319828 0 X HACOSANTACRUZ.ORG X 2019 CA TO ACQUIRE, PROVIDE, DEVELOP, FINANCE, REHABILITATE, OWN AND OPERATE DECENT, SAFE AND SANITARY HOUSING AFFORDABLE TO PERSONS AND HOUSEHOLDS OF LOW INCOME. 7 7 0 0 0 0 0 0 8272602 9511086 31659 808742 0 0 8304261 10319828 0 0 0 0 0 0 0 0 0 2601533 2952537 2601533 2952537 5702728 7367291 22256941 45527066 1157845 17060679 21099096 28466387 TO ACQUIRE, PROVIDE, DEVELOP, FINANCE, REHABILITATE, OWN AND OPERATE DECENT, SAFE AND SANITARY HOUSING AFFORDABLE TO PERSONS AND HOUSEHOLDS OF LOW INCOME. 0 0 1804568 9511086 TO PROVIDE AFFORDABLE HOUSING TO PERSONS AND HOUSEHOLDS OF LOW INCOME. 1804568 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X AARON POMEROY 8314545908 2160 41ST AVENUE CAPITOLA CA 95010 JENNIFER PANETTA EXECUTIVE DIRECTOR 1.00 40.00 X X 0 284412 0 AARON POMEROY FINANCE DIRECTOR 1.00 40.00 X X 0 207377 0 ANDY SCHIFFRIN COMMISSIONER 1.00 X 0 0 0 CAROL BERG COMMISSIONER 1.00 X 0 0 0 ANNETTE MELENDREZ VICE CHAIRPERSON 1.00 X 0 0 0 LIGAYA ELIGIO COMMISSIONER 1.00 X 0 0 0 RICHARD SCHMALE COMMISSIONER 1.00 X 0 0 0 PROVIDENCE MARTINEZ ALANIZ CHAIRPERSON 1.00 X 0 0 0 SILVIA MORALES COMMISSIONER 1.00 X 0 0 0 0 491789 0 0 0 1 0 0 PROGRAM RENTAL INCOME 531110 9141934 9141934 OTHER TENANT INCOME 531390 369152 369152 9511086 808742 808742 10319828 9511086 0 808742 1093220 1093220 5386 5386 10700 10700 986 986 9658 9658 420939 420939 6182 5564 618 3830 3830 146734 146734 214478 193030 21448 REPAIRS AND MAINTENANCE 774502 774502 TENANT SERVICES 158169 158169 MISC EXPENSES 59529 53576 5953 REAL ESTATE TAXES 28986 28986 19238 19238 2952537 1804568 1147969 0 13216675 28249308 18081 25809 102403 112072 8226364 408318 6804380 7818046 2115402 9321831 22256941 45527066 482015 1277444 7840 1806 210000 8065157 457990 7716272 1157845 17060679 X 21099096 28466387 21099096 28466387 22256941 45527066 7367291 0 X X 0 1 X 1 0 X X X 1 HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ 941699385 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 5054025 5054025 3172339 408318 2764021 7818046 RESTRICTED CASH 16890 TENANT SECURITY DEPOSITS 195742 DUE FROM RELATED PARTIES 3043 CONSTRUCTION-IN-PROGRESS 9106156 9321831 ACCRUED INTEREST 147 TENANT SECURITY DEPOSITS 195742 NOTE PAYABLE - SANTA CRUZ HOUSING AUTHORITY 200000 DUE TO RELATED PARTIES 7320383 7716272 X 10319828 0 10319828 0 10319828 2952537 0 2952537 0 2952537 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT TAXED ON INCOME DERIVED FROM ITS EXEMPT FUNCTIONS. HOWEVER, THE ORGANIZATION IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, WHICH IS GENERATED FROM THE ORGANIZATION'S INVESTMENT INCOME AND OTHER ACTIVITIES NOT RELATED TO THEIR STATED EXEMPT PURPOSES. THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEARS OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE THE 2020, 2021 AND 2022 TAX YEARS. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS, HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 JENNIFER PANETTA EXECUTIVE DIRECTOR 0 284412 0 0 0 0 0 0 0 0 0 284412 0 0 AARON POMEROY FINANCE DIRECTOR 0 207377 0 0 0 0 0 0 0 0 0 207377 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REQUESTED FROM THE BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C NO CHANGES IN PROCESSES FROM PRIOR YEAR TO CURRENT YEAR HOUSING AUTHORITY OF THE COUNY OF SANTA CRUZ 2160 41ST AVENUE CAPITOLA CA 95010 941699385 HOUSING CA EXEMPT 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ E 200000 FMV HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ C FMV HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ Q 3043 FMV HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ M 1093220 FMV HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ R FMV