2024-09-10T09:01:49-07:00 2023-12-31 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2023-01-01 330578620 LINC HOUSING CORPORATION LINC 5626841100 3590 ELM AVENUE LONG BEACH CA 90807 DONIELLE NICHOLS VP OF FINANCE 2024-09-10 true true CHERI L BOGGELN P00854324 7143747434 2023 2024-08-08 14:25:15Z 3590 ELM AVENUE LONG BEACH CA 90807 19759289 false X LINCHOUSING.ORG X 1993 CA LINC HOUSING CORPORATION IS A NONPROFIT ORGANIZATION THAT BUILDS, OWNS AND OPERATES AFFORDABLE HOUSING FOR SENIORS AND FAMILIES THROUGHOUT CALIFORNIA. LINC ALSO OFFERS ITS RESIDENTS LIFE-ENHANCING SERVICES THROUGH THE LINC CARES PROGRAM. 14 14 147 131 0 25667015 5021238 16369044 13739049 1186493 994069 -24678 -14599 43197874 19739757 10000 15000 0 10250698 12377418 0 867556 9308225 11320988 19568923 23713406 23628951 -3973649 271674927 234573114 165941161 132682373 105733766 101890741 LINCs purpose, as specified in its bylaws is, directly or indirectly, to create, own, operate, manage, provide assistance to or procure low and moderate cost housing with or without supportive social services or assistance with the tasks of daily living, to lessen the burdens of government, and to combat community deterioration. false false 9993789 9286140 LINC Housing Corporation is a nonprofit organization that builds, owns and operates affordable housing for seniors and families throughout California. LINC is committed to creating and preserving housing that is affordable, environmentally sustainable, and a catalyst for community improvement. 4792243 4452909 LINC HOUSING CORPORATION offers its residents life-enhancing services through the LINC Cares program. 14786032 true true false true false false false false false true true false true true true false false true false false false false false false true false false true false true false false false false false false false false false false false false true true true true false false true 66 0 true 147 true false false false false false true true false 0 false false false false false false false X 14 14 false false false false false false false true true false true true true true true true true true true true true true CA X X DONIELLE NICHOLS 5626841100 3590 ELM AVENUE LONG BEACH CA 90807 REBECCA F CLARK CEO 36.00 0.00 X 512290 0 41557 SUNY CHANG President & COO 36.00 0.00 X 450953 0 47624 MARY MOORE CFO 36.00 0.00 X 299294 0 21805 ANDERS PLETT SVP of devel 36.00 0.00 X 251465 0 47328 BENJAMIN WINTER svp bus develop 36.00 0.00 X 246470 0 42541 JAMES AlIBERTI Sr Vice Pres. 36.00 0.00 X 231019 0 39199 CECELIA NGO VP of Housing Development 36.00 0.00 224034 0 44094 DONIELLE NICHOLS VP OF FINANCE 36.00 0.00 X 221633 0 39845 RUTH SMITH VP OF HR 36.00 0.00 198270 0 24476 EILEEN K DOOLEY VP OF CORP DEV 36.00 0.00 X 179766 0 26562 WILL SAGER DR OF HSG FINANCE 36.00 0.00 178169 0 27683 Yvette Barry DR OF ASSET MGMT 36.00 0.00 175856 0 29014 MARIA MARQUEZ-BROOKS VP of Resident Services 36.00 0.00 172508 0 30508 Marco Ramirez VP of Impact and Strategic 36.00 0.00 177940 0 17439 JORDAN FREEDMAN SR PROJECT MRG 36.00 0.00 162530 0 27423 JHONA TRAINA Controller 36.00 0.00 158889 0 20645 IAN SIMPSON DR OF Markets 36.00 0.00 144980 0 20088 Terri Mosqueda Director 0.55 0.00 X 0 0 0 JILL MCCULLOUGH Secretary 0.73 0.00 X X 0 0 0 RYAN ATLOON Director 0.47 0.00 X 0 0 0 JOHN GIVEN Director 0.79 0.00 X 0 0 0 Cynthia Gonzalez Director 0.45 0.00 X 0 0 0 CATHY ROONEY Director 0.58 0.00 X 0 0 0 RYAN CALLAHAN Director 0.63 0.00 X 0 0 0 JEFF LEE Chairman 0.79 0.00 X X 0 0 0 WENDY JAQUEMIN Director 0.52 0.00 X 0 0 0 EVERETT ORRICK Vice Chair 0.75 0.00 X X 0 0 0 AMBER SCOTT Director 0.45 0.00 X 0 0 0 SCOTT ANDERSON Treasurer 0.56 0.00 X X 0 0 0 Bonnie Lowenthal Director 0.55 0.00 X 0 0 0 Ruby Bolaria Shifrin Director 0.10 0.00 X 0 0 0 JAY PRAG PAST CHAIR 0.58 0.00 X 0 0 0 3986066 547831 17 false true false RDC-S111 Inc PO Box 22027 Long Beach CA 908015027 cONSTRUCTION 462698 Torti Gallas and Partners Inc 1300 Spring Street 4th Floor Silver Spring MD 20910 construction 337983 Holthouse Carlin & Van Trigt LLP 1801 W Olympic Blvd File 1404 Pasadena CA 91199 accounting 457489 KFA LLP 3573 Hayden Ave Culver City CA 90232 CONSTRUCTION 387041 Robert Half Finance & Accounting PO Box 743295 Los Angeles CA 900743295 ACCOUNTING 257082 5 116835 406874 1300028 3197501 5021238 DEVELOPER FEES 531390 4730794 4730794 INCENTIVE FEE 531390 565704 565704 PARTNERSHIP MGT FEES 531390 1033089 1033089 RENTAL INCOME 531110 2709562 2709562 RESIDENT SERVICE FEES 531390 4452909 4452909 246991 246991 13739049 995802 995802 0 0 0 1733 -1733 -1733 -1733 3200 116835 17799 -14599 -14599 0 0 0 19739757 13739049 979470 15000 15000 0 0 0 3588620 2120755 1303807 164058 0 6894753 3964167 2564401 366185 233943 120776 97623 15544 937681 484091 391289 62301 722421 426927 262468 33026 0 0 446614 94256 327261 25097 2000 2000 0 0 816622 172344 598389 45889 80831 3582 11734 65515 338700 94118 227450 17132 689313 360599 301333 27381 0 6647 6647 127919 53519 71248 3152 0 43699 41 42898 760 339952 15854 324098 0 0 0 RENTAL EXPENSES FROM K-1 5951721 5951721 BAD DEBT 925422 228699 696723 HIRING/TRAINING/MANUAL 434584 73665 360626 293 PROJECT COSTS 258456 258456 858508 347462 469823 41223 23713406 14786032 8059818 867556 5996782 9006161 5923028 5142352 0 604999 1764064 0 0 54833274 71643857 0 197864 155314 4475757 527580 4036963 3948177 0 1685164 1340735 181906164 124990433 0 16490689 16582021 271674927 234573114 1557915 1723444 428518 17985343 28596263 33145779 135358465 79827807 165941161 132682373 X 105654609 100390741 79157 1500000 105733766 101890741 271674927 234573114 X -3973649 130624 X false true X true false X 14458626 6326791 3603080 25667015 5021238 55076750 7488024 13225177 18474520 16833148 13737314 69758183 0 0 0 21946650 19551968 22077600 42500163 18758552 124834933 14563133 2270337 795321 1307671 1232274 20168736 2662252 4782027 10840523 4792770 3451402 26528974 17225385 7052364 11635844 6100441 4683676 46697710 78137223 721282 710162 540909 722389 995802 3690544 0 721282 710162 540909 722389 995802 3690544 0 0 22667932 20262130 22618509 43222552 19754354 128525477 0.60800 0.60420 0.02870 0.02480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true false true 2000 true false false 2000 false false Part II-B, Line 1i - Other Activities Description part II-B, LINE 1DSupport and comment letters:- National FY2024 budget letter for housing programs- National FY2024 HOME funding letter- National AHCIA of 2023 sign-on letter (Affordable Housing Credit Improvement Act)- California: Support for SB 4, SB 423, SB 439, AB 1307, AB 1449, AB 1085, AB 414, AB 1657, ACA 1- City of LA: Comments on Site Plan Review Ordinance amendment; Executive Directive 1- Endorsement of County of Los Angeles Affordable Housing, Homelessness Solutions & Prevention Now initiative. No monetary contribution.part II-B, LINE 1FMonetary contributions $2,000 to SCANPH in support of ACA 1 ballot measure.part II-B, LINE 1GMeetings/Events- Meeting with Councilmember Tim McOsker and SCANPH in March 2023 to educate member about our legislative priorities to address housing challenges in City of LA.- Meeting with Office of Assemblymember Josh Lowenthal in June 2023 included advocating for housing funding in state budget and for priority legislation.- Meeting with Office of Assemblymember Eloise Gomez Reyes in June 2023 to introduce Linc and our legislative priorities.- Meeting with Office of Assemblymember Lori Wilson in June 2023 to introduce Linc and our legislative priorities.- Tour of Liberty Village in October 2023 with the Office of Congressmember Raul Ruiz, Beaumont Councilmember Jessica Voigt; Councilmember David Fenn (veteran), City Manager Elizabeth Gibbs, Deputy City Manager Christina Taylor, to educate about affordable housing. Part IV - Additional Information 350000 350000 350000 350000 350000 350000 350000 350000 true false false 1414533 1414533 2719795 313872 2405923 341429 213708 127721 3948177 124990433 CONSTRUCTION IN PROGRESS 6382749 RELATED PARTY FEE RECEIVABLE 10199272 16582021 RECOURSE DEBT FROM K-1 79827807 79827807 Part V, Line 4: Intended uses of the endowment fund. The fund is managed by Long Beach Community FOundation (LBCF). The fund shall be operarated as an endowment fund subjected to the spending policy of LBCF. The objectives of the Fund are to create growth while enabling an annual draw down. LBCF's mission is to initiate positive change for Long Beach through charitiable giving, stewardship, and strategic grantmaking. As a key player in the CIty of Long Beach where LINC's offices have been located for decades, there are many benefits of partnership with LBCF in general and becoming a fund holder specifically.LBCF is well connected with local leaders, philanthropic intiatives, and weathy donors in Long Beach area. Having an account gives LINC visibility with these connections. WHen LINC establishes an LBCF account, the foundation will introduce LINC to their donors at new fund holder events. LBCF will also share LINC's events, news, fundraisers, volunteer opportunities, etc. with their network so social media and beyond and direct donors to LINC as a giving option for the donor advised funds. LBCF initiatives provide visibility to the wider Long Beach community for nonprofits. A relationship wioth LBCF also provides LINC with personal introductions to important players in Long Beach for local business opportunities for housing and community development as LINC works to "go deep" in this communities. false VIP fundraising dinner 120035 116835 3200 13607 4192 120035 116835 3200 13607 4192 17799 -14599 true CALIFORNIA HOUSING CONSORTIUM 30141 AGOURA ROAD SUITE 205 AgOURA HILLS CA 91301 954707857 15000 0 TO FURTHER LOW INCOME HOUSING 1 0 Grantmaker's Description of How Grants are Used THE GRANTS WERE MADE TO OTHER 501 (C)(3) ORGANIZATIONS WHICH EXEMPT PURPOSE IS TO FURTHER THE CAUSE OF AFFORDABLE HOUSING FOR LOW-INCOME PERSONS. The organization reviews the financial statements of the recipient organization to ensure that the funds are used for their intended purpose. X X X X X false false false false false false false false false ANDERS PLETT SVP of devel 213173 32892 5400 10328 37000 298793 BENJAMIN WINTER svp bus develop 211113 29957 5400 9785 32756 289011 CECELIA NGO VP of Housing Development 165481 58553 8961 35133 268128 DONIELLE NICHOLS VP OF FINANCE 181729 39904 9470 30375 261478 EILEEN K DOOLEY VP OF CORP DEV 162642 17124 7458 19104 206328 IAN SIMPSON DR OF Markets 114516 30464 5646 14442 165068 JAMES AlIBERTI Sr Vice Pres. 211162 19857 9289 29910 270218 JHONA TRAINA Controller 121760 37129 6585 14060 179534 JORDAN FREEDMAN SR PROJECT MRG 137363 25167 6413 21010 189953 Marco Ramirez VP of Impact and Strategic 166428 11512 7158 10281 195379 MARIA MARQUEZ-BROOKS VP of Resident Services 151271 21237 7029 23479 203016 MARY MOORE CFO 242777 56517 10902 10903 321099 REBECCA F CLARK CEO 377311 129579 5400 13200 28357 553847 RUTH SMITH VP OF HR 171438 26832 7940 16536 222746 SUNY CHANG President & COO 350956 94597 5400 13200 34424 498577 WILL SAGER DR OF HSG FINANCE 158737 19432 7127 20556 205852 Yvette Barry DR OF ASSET MGMT 143236 32620 6140 22874 204870 Form 990, Part VI, Section B, Line 11b The form 990 is reviewed and approved by the President & CEO prior to filing. Form 990, Part VI, Section B, Line 12c ALL Officers, DIRECTORS, COMMITTEE MEMBERS AND STAFF MUST COMPLY with the conflict of interest policy included in THE company'S employee's Handbook. IN ADDITION, the conflict of interest policy is included in the COMPANY'S "guiding principles of board service" which EACH board MEMBER is required to ADHERE TO. Form 990, Part VI, Section B, Line 15b Every three years a compensation salary survey is completed based on salary surveys prepared by an outside consulting firm. All proposed compensation for each position is presented first to the Operations Committee for their recommendation and then to the entire board of directors for approval. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AND PROVIDES THEM TO THE PUBLIC UPON WRITTEN REQUEST. Form 990, Part XI, Line 9 INCREASE DUE TO INV IN K-1s, SEE SCH O = $130624 CHANGE IN FUND BALANCE THE TAX RETURN HAS BEEN PREPARED TO INCLUDE LINC HOUSING CORPORATION'S ACTIVITIES PLUS THEIR INVESTMENT IN PARTNERSHIPS PER THEIR 2023 K-1S SO THAT THE PARTNERSHIP ACTIVITY CORRECTLY REFLECTS THE ORGANIZATION'S PERCENTAGE INTEREST IN THE PARTNERSHIPS. THE SCHEDULE K-1 ITEMS OF INCOME AND EXPENSE ARE ON TAX BASIS AND THE AUDIT IS ON GAAP BASIS, THERE IS AN ADJUSTMENT TO CORRECT FUND BALANCE DUE TO TAX AND GAAP DIFFERENCES FROM THE ORGANIZATION'S PARTNERSHIP INVESTMENTS AS FOLLOWS:BEGINNING FUND BALANCE $ 105,733,766.CURRENT YEAR NET INCOME $ (3,973,649).INCREASE/(DECREASE) DUE TO GAAP/TAX DIFFERENCES FROM INVESTMENT IN PARTNERSHIPS PER K-1s AND NET CONTRIBUTIONS/(DISTRIBUTIONS) PER K-1S $ 130,624ENDING FUND BALANCE $ 101,890,741. 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