BROOKMORE APARTMENT CORPORATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: BROOKMORE APARTMENT CORPORATION (EIN 95-4245088)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-04
IRS object ID: 202013099349101251
Schema version: 2019v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
General Explanation Attachment
Legal Fees Schedule
Mortgages And Notes Payable Sch
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-04T14:29:09-08:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	813709413	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	HOFFMAN SHORT RUBIN DEWINTER SANDERSON	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1037 PARK VIEW DR	AddressLine1Txt
City	COVINA	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91724	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	954245088	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BROOKMORE APARTMENT CORPORATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	BROO	BusinessNameControlTxt
Phone	6263002440	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3204 Rosemead Blvd	AddressLine1Txt
City	El Monte	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91731	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JOSEPH MILLER	PersonNm
Person Title	Asst. Treasurer	PersonTitleTxt
Signature	2020-11-04	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Aneela DeWinter	PreparerPersonNm
PTIN	P00116940	PTIN
Phone	6269320100	PhoneNum

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$8,882,625	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Other Income Rev And Expnss	$2,372,332	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$2,372,332	TotalRevAndExpnssAmt
Total Net Invst Incm	$0	TotalNetInvstIncmAmt
Legal Fees Rev And Expnss	$1,000	LegalFeesRevAndExpnssAmt
Legal Fees Adj Net Incm	$1,000	LegalFeesAdjNetIncmAmt
Other Prof Fees Rev And Expnss	$1,295,916	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Adj Net Incm	$1,295,916	OtherProfFeesAdjNetIncmAmt
Other Expenses Rev And Expnss	$270,638	OtherExpensesRevAndExpnssAmt
Other Expenses Adj Net Incm	$270,638	OtherExpensesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss	$1,567,554	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$1,567,554	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,567,554	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$1,567,554	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$0	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$804,778	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$297,134	CashBOYAmt
Cash EOY	$1,394,002	CashEOYAmt
Cash EOYFMV	$1,394,002	CashEOYFMVAmt
Acct Rcvbl	$478,677	AcctRcvblAmt
Acct Rcvbl BOY	$765,562	AcctRcvblBOYAmt
Acct Rcvbl EOY	$478,677	AcctRcvblEOYAmt
Acct Rcvbl EOYFMV	$478,677	AcctRcvblEOYFMVAmt
Rcvbl From Officers EOYFMV	$200,000	RcvblFromOfficersEOYFMVAmt
Other Nts And Loans Rcvbl	$200,000	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$200,000	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$200,000	OtherNtsAndLoansRcvblEOYAmt
Prepaid Expenses BOY	$454,243	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$18,181	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$18,181	PrepaidExpensesEOYFMVAmt
Other Investments BOY	$6,538,424	OtherInvestmentsBOYAmt
Other Investments EOY	$6,791,765	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$6,791,765	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$8,255,363	TotalAssetsBOYAmt
Total Assets EOY	$8,882,625	TotalAssetsEOYAmt
Total Assets EOYFMV	$8,882,625	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$444,440	AccountsPayableBOYAmt
Accounts Payable EOY	$137,381	AccountsPayableEOYAmt
Deferred Revenue BOY	$51,570	DeferredRevenueBOYAmt
Mortgages And Notes Payable BOY	$650,000	MortgagesAndNotesPayableBOYAmt
Mortgages And Notes Payable EOY	$650,000	MortgagesAndNotesPayableEOYAmt
Total Liabilities BOY	$1,146,010	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$787,381	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$7,109,353	NoDonorRstrNetAssestsBOYAmt
Tot Net Ast Or Fund Balances BOY	$7,109,353	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$8,095,244	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$8,255,363	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$8,882,625	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$7,109,353	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$804,778	ExcessRevenueOverExpensesAmt
Other Increases	$580,610	OtherIncreasesAmt
Subtotal	$8,494,741	SubtotalAmt
Other Decreases	$399,497	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$8,095,244	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$876,121	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$348,038	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	2.51731	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$766,958	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$252,080	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	3.04252	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$68,660	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$345,973	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.19846	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$493,698	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$344,617	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	1.43260	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$57,318	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$55,941	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	1.02462	DistributionYr5Rt
Total Distribution	8.215501	TotalDistributionRt
Average Distribution	1.643100	AverageDistributionRt
Net Vl Noncharitable Assets	$832,884	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,368,512	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,368,512	AdjNonchrtblNetInvstIncmPctAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	CARING Housing Ministries	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	6263002440	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	3204 Rosemead Blvd Ste 100	AddressLine1Txt
City	El Monte	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	91731	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
HOWARD HUDSON
3204 Rosemead Blvd 100	El Monte	CA	91731	Vice President	2.00	$0
MARGOL KENNISON
3204 Rosemead Blvd 100	El Monte	CA	91731	Secretary	1.00	$0
ROY HAUGEN
3204 Rosemead Blvd 100	El Monte	CA	91731	Treasurer	4.00	$0
CHRIS JONES
3204 Rosemead Blvd 100	El Monte	CA	91731	President	1.00	$0
KAREN INGRAM
3204 Rosemead Blvd 100	El Monte	CA	91731	Director	1.00	$0
JOSEPH MILLER
3204 Rosemead Blvd 100	El Monte	CA	91731	Asst. Treasurer	6.00	$0
GARY WHEELER
3204 Rosemead Blvd 100	El Monte	CA	91731	Director	1.00	$0
WAYNE MOORE
3204 Rosemead Blvd 100	El Monte	CA	91731	Director	1.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	PROVIDING SERVICES TO ORGANIZATIONS THAT OPERATE AFFORDABLE HOUSING FOR FAMILIES AND ELDERLY PERSONS WITH LOW INCOME.	Description1Txt
Expenses1	$975,908	Expenses1Amt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$845,568	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$845,568	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$845,568	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$12,684	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$832,884	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$41,644	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$41,644	MinimumInvestmentReturnAmt
Distributable Before Adj	$41,644	DistributableBeforeAdjAmt
Distributable Before Ded	$41,644	DistributableBeforeDedAmt
Distributable As Adjusted	$41,644	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$0	ExpensesAndContributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$41,644	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$54,521	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$493,698	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$68,660	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$766,958	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$876,121	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$2,259,958	TotalExcessDistributionCyovAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$41,644	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$41,644	ExcessDistributionCyovAppCYAmt
Total Corpus	$2,218,314	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$12,877	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$2,205,437	ExcessDistriCyovToNextYrAmt
Excess From Year4	$493,698	ExcessFromYear4Amt
Excess From Year3	$68,660	ExcessFromYear3Amt
Excess From Year2	$766,958	ExcessFromYear2Amt
Excess From Year1	$876,121	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)

DescDesc	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
Development Fee	$2,214,378
Partnership Mgmt Fees	$16,069

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$141,885	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$2,372,332	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$2,372,332	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)

Line NumberLineNumberTxt	Relationship StatementRelationshipStatementTxt
1a	Participation in the development of low income housing is exempt purpose.
7	The interest income flows from partnerships of which organization is the managing general partner to compensate for deferral of the collection of amounts due for advance of seed money or payment for services provided in connection with exempt purpose.

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	Medium ExplanationMediumExplanationTxt
General Explanation Supplemental Information for Form 990-PF	SCHEDULE OF CONTROLLED ENTITIES7500 SIMPSON CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-6101249EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)CANOGA APARTMENTS CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-6101247EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)FOSTER AVENUE APARTMENTS CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4487773EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)LA PINTORESCA HOUSING, INC. (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-3339394EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)GREATER POMONA HOUISNG DEVELOPMENT CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-2914970EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)SIMPSON ARBOR APARTMENTS (LIMITED PARTNERSHIP)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4749924EXCESS BUSINESS HOLDING - YES / 100% OWNERSHIPTOWNE SQUARE APARTMENTS (LIMITED PARTNERSHIP)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4749923EXCESS BUSINESS HOLDING - YES / 100% OWNERSHIPCASA DE CANOGA APARTMENTS (LIMITED PARTNERSHIP)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4749922EXCESS BUSINESS HOLDING - YES / 100% OWNERSHIP
General Explanation Supplemental Information for Form 990-PF	Investment in PartnershipsAs of December 31, 2018 and 2019, the Organization and its affiliates jointly own investment in the following partnerships: Begining End of of year yearControlling interest:Towne Square Apartments $ 966,573 $ 966,573Casa de Canoga Apartments 1,323,755 1,323,755Simpson Arbor Apartments 1,244,977 -Pilgrim Tower Apartments 838,021 838,021Vista Tower Apartments 1,430,523 1,430,523Simpson Arbor Preservation - 580,710Total Controlling Interest 5,803,849 5,139,582Non-controlling interest:San Fernando Senior Housing 51 51San Fernando Community Housing 30 30Total 5,803,930 5,139,663 Accumulated profit (loss) 734,494 406,441 TOTAL $ 6,538,424 $ 5,546,104Add: Investment in Note Receivable - Simpson Arbor Preservation LP - 1,245,661TOTAL INVESTMENTS $ 6,538,424 $ 6,791,765

Form And Line ReferenceFormAndLineReferenceDesc

Medium ExplanationMediumExplanationTxt

General Explanation Supplemental Information for Form 990-PF

SCHEDULE OF CONTROLLED ENTITIES7500 SIMPSON CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-6101249EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)CANOGA APARTMENTS CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-6101247EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)FOSTER AVENUE APARTMENTS CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4487773EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)LA PINTORESCA HOUSING, INC. (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-3339394EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)GREATER POMONA HOUISNG DEVELOPMENT CORPORATION (NON-FOR-PROFIT ENTITY)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-2914970EXCESS BUSINESS HOLDING - YES (COMMON BOARD MEMBERS)SIMPSON ARBOR APARTMENTS (LIMITED PARTNERSHIP)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4749924EXCESS BUSINESS HOLDING - YES / 100% OWNERSHIPTOWNE SQUARE APARTMENTS (LIMITED PARTNERSHIP)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4749923EXCESS BUSINESS HOLDING - YES / 100% OWNERSHIPCASA DE CANOGA APARTMENTS (LIMITED PARTNERSHIP)3204 ROSEMEAD BLVD #100EL MONTE, CA 91731FEIN: 95-4749922EXCESS BUSINESS HOLDING - YES / 100% OWNERSHIP

General Explanation Supplemental Information for Form 990-PF

Investment in PartnershipsAs of December 31, 2018 and 2019, the Organization and its affiliates jointly own investment in the following partnerships: Begining End of of year yearControlling interest:Towne Square Apartments $ 966,573 $ 966,573Casa de Canoga Apartments 1,323,755 1,323,755Simpson Arbor Apartments 1,244,977 -Pilgrim Tower Apartments 838,021 838,021Vista Tower Apartments 1,430,523 1,430,523Simpson Arbor Preservation - 580,710Total Controlling Interest 5,803,849 5,139,582Non-controlling interest:San Fernando Senior Housing 51 51San Fernando Community Housing 30 30Total 5,803,930 5,139,663 Accumulated profit (loss) 734,494 406,441 TOTAL $ 6,538,424 $ 5,546,104Add: Investment in Note Receivable - Simpson Arbor Preservation LP - 1,245,661TOTAL INVESTMENTS $ 6,538,424 $ 6,791,765

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	Legal	CategoryTxt
Legal Fees	$1,000	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$1,000	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch

Field	Value	IRS element (for citing)
Mortgage	$650,000	MortgageAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	PRIOR PERIOD INTEREST ADJ FOR LACHID NOTE - CHANGE IN METHOD	Desc
Amt	$399,497	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
BOARD EXPENSE	$14,178	$14,178
INSURANCE	$25,769	$25,769
MISCELLANEOUS	$5,561	$5,561
PREDEVELOPMENT COSTS	$156,858	$156,858
PROFESSIONAL FEES	$54,000	$54,000
Project Expenses	$14,272	$14,272

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
Development Fee	$2,214,378
Other Investment Income	$141,885
Partnership Mgmt Fees	$16,069

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	Contribution of equity - Simpson Arbor LP / GP Interest	Desc
Amt	$580,610	Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	CONSULTING FEE	CategoryTxt
Amt	$1,295,916	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$1,295,916	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt