2026-01-27T16:26:28-06:00 2025-06-30 465577902 RICHARDSON & COMPANY LLP 550 HOWE AVENUE SUITE 210 SACRAMENTO CA 95825 990 2024-07-01 870746410 FOLSOM OAKS APARTMENTS INC FOLS 9164410123 650 HOWE AVENUE BLDG 400A SACRAMENTO CA 95825 APRIL LUDWIG CEO 9164410123 2026-01-27 1 0 CURT JENSON P01208626 9165648727 2026-01-27 2024 2025-03-06 01:10:19Z APRIL LUDWIG 650 HOWE AVENUE BLDG 400A SACRAMENTO CA 95825 253615 0 X N/A X 2005 CA TO PROVIDE AFFORDABLE HOUSING IN FOLSOM FOR PEOPLE WITH SPECIAL NEEDS. 5 5 0 5 0 0 142067 162084 83923 85568 4002 5963 0 0 229992 253615 0 0 0 0 90857 28650 0 0 0 510764 545988 601621 574638 -371629 -321023 3234853 3002081 5456024 5544275 -2221171 -2542194 TO PROVIDE AFFORDABLE HOUSING IN FOLSOM FOR PEOPLE WITH SPECIAL NEEDS. 0 0 526795 85568 THE FOLSOM OAKS APARTMENTS PROVIDE AFFORDABLE HOUSING WITH SUPPORTS FOR LOW-INCOME HOUSEHOLDS IN WHICH AT LEAST ONE ADULT HOUSEHOLD MEMBER HAS A QUALIFYING DISABILITY. THE COMPLEX INCLUDES EIGHTEEN (18) ONE, TWO, AND THREE BEDROOM RENTAL UNITS, AN ADDITIONAL MANAGER'S UNIT, A TOT LOT, PICNIC AREA, AND A COMMUNITY ROOM WITH OFFICES FOR ASSIGNED STAFF. 526795 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 0 0 CA X THE ORGANIZATION 9164410123 650 HOWE AVENUE BLDG 400A SACRAMENTO CA 95825 CHRISTINA BILYEU PRESIDENT 1.00 3.00 X X 0 0 0 VIRGIL PACHECO VICE PRESIDENT 1.00 2.00 X X 0 0 0 FELICIA HAECKER SECRETARY 1.00 2.00 X X 0 0 0 MATTHEW DECKER TREASURER 1.00 3.00 X X 0 0 0 SARA COLLETTE DIRECTOR 1.00 1.00 X 0 0 0 APRIL LUDWIG CEO 4.00 60.00 X 0 212298 11848 0 212298 11848 0 0 1 0 0 162084 162084 RENT 532000 85568 85568 85568 5963 5963 253615 85568 0 5963 12021 12021 929 929 13024 13024 2676 2676 14409 14409 40 40 303 303 818 818 6796 6796 259823 259823 876 876 209754 209754 12834 12834 MISC. EXPENSES 31172 13470 17702 TELECOMMUNICATIONS 7735 7735 FURNITURE AND EQUIPMENT 1143 1143 TRAINING AND DEVELOPMEN 285 285 574638 526795 47843 0 100 212133 379749 162532 17834 5676395 3048979 2837170 2627416 3234853 3002081 929550 1017506 4419455 4474096 107019 52673 5456024 5544275 X -4088918 -4355301 1867747 1813107 -2221171 -2542194 3234853 3002081 -321023 0 X 0 1 X 1 1 1 X 95689 122738 126025 142067 162084 648603 95689 122738 126025 142067 162084 648603 648603 2268 136 5044 4002 5963 17413 666016 452898 0.97390 0.97530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 407530 407530 5243827 3023941 2219886 20241 20241 0 4797 4797 0 2627416 DUE TO TLCS 49775 SECURITY DEPOSITS 2898 52673 253615 0 253615 0 253615 574638 0 574638 0 574638 0 0 0 0 0 0 0 0 0 APRIL LUDWIG CEO 0 212298 0 0 0 0 0 3942 0 7906 0 224146 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A MANAGEMENT CONTRACT WITH TLCS, INC., A RELATED ORGANIZATION, TO PROVIDE PROPERTY MANAGEMENT AND ACCOUNTING SERVICES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE REVIEWED IN DETAIL BY THE TREASURER OF THE BOARD OF DIRECTORS AS WELL AS THE CFO AND CEO PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS ANNUAL CONFLICT STATEMENTS AND MONITORS ACTIONS DURING REGULAR BOARD MEETINGS TO BE SURE THAT DIRECTORS ACT APPROPRIATELY. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION HAS NO EMPLOYEES, BUT HAS A MANAGEMENT CONTRACT WITH TLCS, INC., A RELATED ORGANIZATION. THE CEO IS AN EMPLOYEE AND COMPENSATED BY TLCS, INC. THE CFO IS THE SOLE SHAREHOLDER OF A COMPANY WHICH CONTRACTS WITH TLCS TO PERFORM FINANCIAL MANAGEMENT OPERATIONAL SERVICES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. GOVERNING DOCUMENTS AND POLICIES ARE PROVIDED TO FUNDERS AND REGULATORY AUTHORITIES BUT ARE NOT GENERALLY AVAILABLE TO THE GENERAL PUBLIC. TLCS INC 650 HOWE AVENUE BLDG 400-A SACRAMENTO CA 95825 942777955 CASE MGMT AND HOUSING SVCS FOR INDIVIDUALS WITH PSYCHIATRIC DISABILITIES CA 501(C)(3) LINE 7 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0