2025-08-20T16:24:50-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 301 CONGRESS AVENUE SUITE 2000 AUSTIN TX 78701 990 2024-01-01 752536782 TEXAS COUNCIL OF FOUNDATION FOR SOCIAL RESOURCES INC TEXA 5124949100 601 CALIFORNIA STREET 1150 SAN FRANCISCO CA 94108 JOE SHERMAN PRESIDENT 5124949100 2024-08-17 1 1 MICHAEL S CELKIS P01296719 5124949100 2025-08-14 2024 2025-03-06 01:10:19Z JOSEPH SHERMAN 601 CALIFORNIA STREET 1150 SAN FRANCISCO CA 94108 17677 0 X N/A X 1993 TX SEE PART III 3 3 0 5 0 0 0 0 2013 6466 -112 11211 0 0 1901 17677 0 0 0 0 0 0 0 0 0 5290 5234 5290 5234 -3389 12443 3345 3345 1409748 1397305 -1406403 -1393960 CREATE AND PRESERVE AFFORDABLE HOUSING FOR FAMILIES AND INDIVIDUALS OF DIVERSE ETHNIC, SOCIAL AND ECONOMIC BACKGROUNDS, WHILE SUPPORTING THEIR WELLBEING THROUGH THE DELIVERY OF ON-SITE RESIDENT SERVICE PROGRAMS. 0 0 5019 6466 CONSTRUCTS, DEVELOPS, ACQUIRES, RENOVATES, MANAGES, AND OPERATES LOW-INCOME HOUSING FOR PERSONS OF LIMITED FINANCIAL MEANS. 5019 1 0 0 0 0 0 0 0 0 0 0 0 0 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X KATHERINE WHIPPLE 4155019619 601 CALIFORNIA STREET SUITE 1150 SAN FRANCISCO CA 94108 X ELAINE JOHNSON RESIDENT DIRECTOR 0.10 1.00 X 0 0 0 GARY SILVERSMITH SECRETARY/DIRECTOR 0.10 1.00 X X 0 0 0 J CASKIE COLLET TREASURER/DIRECTOR 0.10 1.00 X X 0 0 0 JOSEPH L SHERMAN PRESIDENT/ DIRECTOR 0.10 1.00 X X 0 0 0 LISA HENDRICKSON RESIDENT DIRECTOR 0.10 1.00 X 0 0 0 0 0 0 0 0 0 0 0 GP FEES 900099 6466 6466 6466 11211 0 11211 11211 11211 17677 6466 0 11211 5019 5019 215 215 5234 5019 215 0 3345 3345 3345 3345 1409748 1397305 1409748 1397305 X -1406403 -1393960 -1406403 -1393960 3345 3345 12443 0 X X 0 1 X 1 0 X 2490 5020 5345 2013 6466 21334 2490 5020 5345 2013 6466 21334 0 0 0 21334 83 83 83 83 2573 5020 5345 2013 6466 21417 0.99610 0.99500 0.00390 0.00500 X 0 PREPAID INSURANCE 3345 3345 DUE TO RAINBOW HOUSING ASSISTA 175 INVESTMENT IN PORTFOLIOS 1397130 1397305 X 17677 0 17677 0 17677 5234 0 5234 0 5234 PART X, LINE 2: THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE FOR ITS EXEMPT ACTIVITIES. MANAGEMENT IS NOT AWARE OF ANY UNRELATED BUSINESS INCOME THAT WOULD SUBJECT THE COMPANY TO FEDERAL, TEXAS STATE OR NEW MEXICO STATE INCOME TAXES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE COMPANY TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE COMPANY. THE COMPANY HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE COMPANY'S EXPOSURE TO THOSE TAX POSITIONS, THE COMPANY IS NOT SUBJECT TO INCOME TAXES. THE COMPANY IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE COMPANY HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY COMPANY ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2021 REMAIN OPEN. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND PRESIDENT AND SELECTED BOARD MEMBERS REVIEW AND APPROVE FINAL DRAFTS OF RETURNS PREPARED BY OUTSIDE TAX ACCOUNTANTS AND IN-HOUSE ACCOUNTING STAFF. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS OF INTEREST AT THE PROPERTY LEVEL ARE CONTROLLED BY POLICIES AND PROCEDURES OF CAPSTONE REAL ESTATE SERVICES, INC. & J. ALLEN MANAGEMENT CO., INC. THERE ARE NO TRANSACTIONS BETWEEN THE OFFICERS AND DIRECTORS, AND DIRECTORS AND THE OPERATIONS OF THE PROJECT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII LINE 2C THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT RHAC - TEXAS LLC 601 CALIFORNIA STREET SUITE 1150 SAN FRANCISCO CA 94108 208563372 ASSET MGMT-RE DE -20 2502 N/A RHAC - NEW MEXICO LLC 601 CALIFORNIA STREET SUITE 1150 SAN FRANCISCO CA 94108 208563263 ASSET MGMT-RE DE -18 930 N/A RAINBOW HOUSING ASSISTANCE CORPORATION 3120 W CAREFREE HWY STE 1-246 PHOENIX AZ 85086 300108119 LW INC HSING AZ 501 (C) (3) LINE 10 N/A 0 RAINBOW HOUSING TEXAS INC 3120 W CAREFREE HWY STE 1-246 PHOENIX AZ 85086 752817205 LW INC HSING TX 501 (C) (3) LINE 10 N/A 0 RELIANT CAPVII - SOUTHGATE LP 601 CALIFORNIA STREET SUITE 1150 SAN FRANCISCO CA 94108 455211526 ASSET-MGMT-RE DE N/A RELATED 11249 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0