2025-04-24T18:07:28-05:00 2024-06-30 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-07-01 953816838 NEWSTART HOUSING CORPORATION INC NEWS 3238356880 3355 EAST GAGE ST HUNTINGTON PARK CA 90255 CESAR ZALDIVAR-MOTTS CEO 3238356880 2025-04-23 1 1 CATHERINE L GRAY CPA P01294460 9094664410 2025-04-18 2023 2025-03-06 01:10:19Z CESAR ZALDIVAR-MOTTS 3355 EAST GAGE ST HUNTINGTON PARK CA 90255 2519655 0 X HTTPS://NEWSTARTHC.ORG X 1982 CA TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, DISABLED AND LOW INCOME FAMILIES. TO CREATE POSITIVE CHANGE IN THE NEIGHBORHOODS THROUGH THE DEVELOPMENT OF HOUSING OPPORTUNITIES THAT ARE DECENT, HEALTHY AND AFFORDABLE FOR LOW INCOME FAMILIES, THE ELDERLY AND THE DISABLED. 4 4 13 0 0 0 118204 200000 2207187 2319655 0 0 0 0 2325391 2519655 0 0 0 0 684759 754356 0 0 0 1901612 2031728 2586371 2786084 -260980 -266429 13189939 12858946 17324038 17259474 -4134099 -4400528 TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, DISABLED AND LOW INCOME FAMILIES. TO CREATE POSITIVE CHANGE IN THE NEIGHBORHOODS THROUGH THE DEVELOPMENT OF HOUSING OPPORTUNITIES THAT ARE DECENT, HEALTHY AND AFFORDABLE FOR LOW INCOME FAMILIES, THE ELDERLY AND THE DISABLED. 0 0 1938833 2319655 COMMUNITY AND HOUSING DEVELOPMENT ORGANIZATION PROVIDING QUALITY, AFFORDABLE HOUSING AND PROMOTING HEALTHY COMMUNITIES. 1938833 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 13 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 1 0 0 CA X RAFAEL ALFARO 3238356880 3355 E GAGE AVE HUNTINGTON PARK CA 902555530 BENJAMIN FLORES BOARD MEMBER 1.00 X 0 0 0 LETICIA MARTINEZ PRESIDENT 1.00 X X 0 0 0 MARTIN NAVA BOARD MEMBER 1.00 X 0 0 0 VICTORIA HERRERA SECRETARY 1.00 X X 0 0 0 CESAR ZALDIVAR-MOTTS CEO 30.00 X 102833 0 8372 102833 0 8372 1 0 0 0 ACCURATE CONSTRUCTION & REHAB CORPORATIO 12223 ACADEMY WAY ARTESIA CA 90701 CONSTRUCTION SERVICES 147720 1 75000 125000 200000 RENTAL INCOME 531110 2144342 2144342 CITY LOAN FEES 531390 98408 98408 MANAGEMENT FEES 531390 76905 76905 2319655 2519655 2319655 0 0 115924 115924 569818 216318 353500 8253 8253 60361 19402 40959 44407 44407 68981 68886 95 75829 40067 35762 36921 2271 34650 71502 8227 63275 41941 41941 328682 328682 473572 458189 15383 293316 250570 42746 REPAIRS AND MAINTENANCE 292509 248674 43835 UTILITIES 231819 218002 13817 MISCELLANEOUS 27082 786 26296 BAD DEBT EXPENSE 22902 22902 22265 11450 10815 2786084 1938833 847251 0 444557 383988 85498 100587 101099 101704 18536113 6386413 12445356 12149700 113429 122967 13189939 12858946 172431 167657 14508535 14296969 2643072 2794848 17324038 17259474 X -4134099 -4400528 -4134099 -4400528 13189939 12858946 -266429 0 X 0 1 X 1 0 X 60000 284724 118204 58049 520977 1817665 1699622 2175939 2207187 2461606 10362019 1817665 1759622 2460663 2325391 2519655 10882996 0 0 0 10882996 1817665 1759622 2460663 2325391 2519655 10882996 1.00000 0.99330 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2626159 2626159 13076481 5357557 7718924 2693791 965133 1728658 139682 63723 75959 12149700 ACCRUED INTEREST 2688652 TENANT SECURITY DEPOSITS 106196 2794848 X 2519655 0 2519655 0 2519655 2786084 0 2786084 0 2786084 PART X, LINE 2: THE ORGANIZATION HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN, AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECORDED AS PART OF THE INCOME TAX EXPENSE, IF APPLICABLE. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS PROVIDED TO EACH BOARD MEMBER VIA E-MAIL OR HARD COPY FOR REVIEW BEFORE FILING BY THE ORGANZATION. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURES ARE REVIEWED BY EXECUTIVE DIRECTOR AND BOARD PRESIDENT. IF AN ISSUE ARISES RELATED TO ANY BOARD MEMBER, THE BOARD MEMBER IS ASKED TO RECUSE HIM/HERSELF FROM ALL DISCUSSION AND VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A SALARY IS APPROVED BY THE BOARD WITH A SALARY SURVEY OR OTHER EXEMPT ORGANIZATIONS COMPARABLE DATA. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE AT THE BUSINESS ADDRESS DURING NORMAL BUSINESS HOURS.