2022-03-24T10:21:30-05:00 2021-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2020-07-01 954479136 SANTA MONICA NEW HOPE COURTYARD APARTMENTS SANT 8185468929 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 BRIGITTE TWEDDELL EXECUTIVE DIRECTOR 8185468929 2022-03-24 1 BRIGITTE TWEDDELL XXX-XX-XXXX CASSIA J HARLEMAN P01086202 3178485700 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BRIGITTE TWEDDELL 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 352258 0 X N/A X 1994 CA SANTA MONICA NEW HOPE COURTYARD APARTMENTS IS A NOT-FOR-PROFIT CORPORATION. SEE PART III, LINE I 5 5 0 0 0 0 232306 235199 118958 116199 241 333 3537 527 355042 352258 0 0 0 0 0 0 0 0 0 407490 395544 407490 395544 -52448 -43286 2505363 2452555 4635162 4625640 -2129799 -2173085 X SANTA MONICA NEW HOPE COURTYARD APARTMENTS IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 25 UNIT PROJECT LOCATED IN SANTA MONICA, CALIFORNIA, WHICH PROVIDES HOUSING FOR PERSONS WHO ARE HOMELESS, OR AT RISK OF BEING HOMELESS AND ARE AFFLICTED WITH HIV/AIDS. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. 0 0 350721 116199 SANTA MONICA NEW HOPE COURTYARD APARTMENTS IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF CALIFORNIA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 25 UNIT PROJECT LOCATED IN SANTA MONICA, CALIFORNIA, WHICH PROVIDES HOUSING FOR PERSONS WHO ARE HOMELESS, OR AT RISK OF BEING HOMELESS AND ARE AFFLICTED WITH HIV/AIDS. THE CORPORATION RECEIVES HOUSING ASSISTANCE PAYMENTS PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. 350721 1 1 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 0 CA X X BRIGITTE TWEDDELL 8185468929 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 X X DAVID NAHAS PRESIDENT 0.30 1.80 X X 0 0 0 THOMAS SPRATT TREASURER 0.30 1.80 X X 0 0 0 MARGARET WILLIS SECRETARY 0.30 1.80 X X 0 0 0 BRIGITTE TWEDDELL BOARD MEMBER 0.30 1.80 X 0 0 0 SOLEMAN MESSAKH BOARD MEMBER 0.30 1.80 X 0 0 0 0 0 0 0 0 0 0 0 235199 235199 RENTAL INCOME 531110 116199 116199 116199 333 333 MISCELLANEOUS INCOME 531110 527 527 527 352258 116199 0 860 31471 31471 12 12 11075 11075 185 185 20633 20633 1695 1695 159367 159367 259 259 311 311 97038 97038 5014 5014 MANAGEMENT COMPANY EMPL 59815 59815 LOSS DUE TO RECAPTURE O 8485 8485 BAD DEBT EXPENSE 184 184 395544 350721 44823 0 64773 66505 6331 6263 2388 4079 3929960 2276818 1749389 1653142 182558 226393 486629 471078 13295 25095 2505363 2452555 32926 26488 54 542 4553670 4547259 48512 51351 4635162 4625640 X -2129799 -2173085 -2129799 -2173085 2505363 2452555 -43286 0 X X 0 1 X 1 1 1 X 243968 241308 243327 232306 235199 1196108 87773 105432 107273 118958 116199 535635 331741 346740 350600 351264 351398 1731743 0 0 0 1731743 156 183 188 241 333 1101 156 183 188 241 333 1101 351 22971 5058 3537 527 32444 332248 369894 355846 355042 352258 1765288 0.98100 0.90020 0.00060 0.00050 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3849875 2196733 1653142 80085 80085 0 1653142 REPLACEMENT RESERVES 211155 C OTHER RESERVES 15238 C 226393 SECURITY DEPOSITS 10208 RELATED PARTY ADVANCE 32658 RESIDUAL RECEIPTS 8485 51351 X 352258 0 352258 0 352258 395544 0 395544 0 395544 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. FORM 990, PART VI, SECTION A, LINE 3 SANTA MONICA NEW HOPE COURTYARD APARTMENTS IS MANAGED BY TELACU PROPERTY MANAGEMENT, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. TELACU PROPERTY MANAGEMENT, INC. HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED TELACU PROPERTY MANAGEMENT, INC. TO MANAGE THE SANTA MONICA NEW HOPE COURTYARD APARTMENTS APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. NONE OF THE OFFICERS OR DIRECTORS LISTED IN PART VII ARE COMPENSATED BY TELACU PROPERTY MANAGEMENT, INC. FORM 990, PART VI, SECTION A, LINE 7A ALL DIRECTORS SHALL BE ELECTED BY A MAJORITY OF THE BOARD OF DIRECTORS. THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES, BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF PROJECT NEW HOPE, LOS ANGELES, CALIFORNIA, OR OF THE GOVERNING BODY OF THE EPISCOPAL CHURCH IN THE DIOCESE OF LOS ANGELES, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF A SPONSORING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD AND STAFF REVIEW THE TAX RETURNS WITH MANAGEMENT COMPANY REPRESENTATION. ALL QUESTIONS ARE ANSWERED BY STAFF PRIOR TO THE FILING OF THE TAX RETURNS. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN B ALL OF THE OFFICERS, DIRECTORS, AND EMPLOYEES LISTED IN PART VII, SECTION A PERFORM SIMILAR DUTIES AND HAVE SIMILAR RESPONSIBILITIES FOR RELATED ORGANIZATIONS AS THEY DO FOR THIS ORGANIZATION. THEIR TOTAL HOURS WORKED PER WEEK FOR THIS ORGANIZATION ARE SIMILAR TO THEIR HOURS WORKED FOR RELATED ORGANIZATIONS BOTH IN TERMS OF NUMBER OF HOURS AND TYPE OF WORK PERFORMED. FORM 990, PART XII, LINE 2C THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. HOOVER APARTMENTS 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 954803758 LOW INCOME HOUSING CA N/A SILVERLAKE NEW HOPE COURTYARD APARTMENTS 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 954479135 LOW INCOME HOUSING CA 501(C)(3) 10 0 FAITH HOUSING NEW HOPE APARTMENTS 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 311705626 LOW INCOME HOUSING CA 501(C)(3) 10 0 PROJECT NEW HOPE 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 954337245 LOW INCOME HOUSING CA 501(C)(3) 10 0 HOMESTEAD HOSPICE & SHELTER 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 330260219 LOW INCOME HOUSING CA 501(C)(3) 7 0 NYUMBA APARTMENT 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 954784748 RENTAL CA N/A N/A 0 0 PALOS VERDE STREET LP 601 EAST GLENOAKS BLVD SUITE 100 GLENDALE CA 91207 954616938 RENTAL CA N/A N/A 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0