SOLANO AFFORDABLE HOUSING FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- SOLANO AFFORDABLE HOUSING FOUNDATION (EIN 68-0224594)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202523219349108037
- Schema version
- 2024v5.2
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- General Explanation Attachment
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T20:53:23-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 941250261 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LINDQUIST VON HUSEN & JOYCE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 301 HOWARD STREET SUITE 850 | AddressLine1Txt |
| City | SAN FRANCISCO | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 680224594 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOLANO AFFORDABLE HOUSING FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOLA | BusinessNameControlTxt |
| Phone | 7074225919 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1411 OLIVER ROAD SUITE 220 | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94534 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DON HARRIS | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7074225919 | PhoneNum |
| Signature | 2025-11-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHERMAN LEONG | PreparerPersonNm |
| PTIN | P00513747 | PTIN |
| Phone | 4159579999 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $28,515,562 | 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 |
| Interest On Sav Rev And Expnss | $9,463 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $9,463 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $9,463 | InterestOnSavingsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,006,242 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $1,006,242 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $1,015,705 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,463 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $1,015,705 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $403,260 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $403,260 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $393,032 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $393,032 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $153,449 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $153,449 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $0 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $1,031,515 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $1,031,515 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $35,906 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $35,906 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $161,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $161,000 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $626 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $626 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $43,682 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $43,682 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,202 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $1,202 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $74,628 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $74,628 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $7,058 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $7,058 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $0 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,851,978 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $1,851,978 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,157,336 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,157,336 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,085 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,085 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,163,421 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,157,336 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,085 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,147,716 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,463 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,131,129 | CashBOYAmt |
| Cash EOY | $993,681 | CashEOYAmt |
| Cash EOYFMV | $993,681 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $101,168 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $101,539 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $101,539 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $360 | AcctRcvblBOYAmt |
| Prepaid Expenses BOY | $79,976 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $63,482 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $63,482 | PrepaidExpensesEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $59,227 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $58,055 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,028 | LandBOYAmt |
| Land EOY | $1,172 | LandEOYAmt |
| Land EOYFMV | $1,172 | LandEOYFMVAmt |
| Other Assets BOY | $16,378,032 | OtherAssetsBOYAmt |
| Other Assets EOY | $27,355,688 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $27,355,688 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $18,693,693 | TotalAssetsBOYAmt |
| Total Assets EOY | $28,515,562 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $28,515,562 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $48,565 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $149,373 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $39,114 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $58,414,874 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $87,679 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $58,564,247 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $18,606,014 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | -$30,048,685 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $18,606,014 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$30,048,685 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $18,693,693 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $28,515,562 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $18,606,014 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,147,716 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $15,458,298 | SubtotalAmt |
| Other Decreases | $45,506,983 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$30,048,685 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $132 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $132 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $132 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,814 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $2,814 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $2,682 | OverpaymentAmt |
| Applied To ES Tax | $2,682 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CA | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOLANO AFFORDABLE HOUSING FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7074225919 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1411 OLIVER ROAD SUITE 220 | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | Yes (1) | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| SCOTT STUBBS | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | TREASURER | 1.00 | $0 | $0 | $0 |
| VIOLA ROBERTSON | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROBERT JONES | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| BEV DORSETT | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | VICE CHAIRPERSON | 1.00 | $0 | $0 | $0 |
| DON HARRIS | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | EXECUTIVE DIRECTOR | 40.00 | $403,260 | $0 | $81,986 |
| ZACHARY WRIGHT | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| K PATRICE WILLIAMS | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | CHAIRPERSON | 1.00 | $0 | $0 | $0 |
| ROY MATHEWS | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| SHAREKA JOHNSON | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | SECRETARY | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| ERIN CULPEPPER-BENNETT | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | ASSET MANAGER | 40.00 | $151,123 | $0 | $22,280 |
| BRANDI DAVIS | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | EXECUTIVE ASSISTANT | 40.00 | $124,080 | $0 | $31,934 |
| MARIA DELK | ||||||||
| 1411 OLIVER ROAD SUITE 220 | FAIRFIELD | CA | 94534 | ADMINSTRATIVE ASSIST | 40.00 | $60,033 | $0 | $56,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LERCH STURMER LLP | |||||
| ONE SANSOME ST 2060 | SAN FRANCISCO | CA | 94104 | LEGAL | $618,620 |
| BOUTIN JONES INC | |||||
| 555 CAPITOL MALL SUITE 1500 | SACRAMENTO | CA | 95814 | PROFESSIONAL FEES | $150,433 |
| JOHN J ROBERT MUELLER | |||||
| 2320 SIERRA VISTA WAY | RENO | NV | 89511 | CONSULTING | $125,000 |
| WILLIS TOWERS WATSON | |||||
| 333 BUSH ST FLOOR 4 SUITE 0400 | SAN FRANCISCO | CA | 94104 | CONSULTING | $103,041 |
| JAMS INC | |||||
| 2 EMBARCADERO CTR 1500 | SAN FRANCISCO | CA | 94111 | LEGAL | $73,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | THE FOUNDATION WAS FOUNDED IN 1989 BY MUNICIPAL AGENCIES AND PRIVATE CITIZENS WITH THE SPECIFIC AND PRIMARY PURPOSE OF PROVIDING FOR AFFORDABLE HOUSING FOR VERY LOW AND/OR LOW INCOME PERSONS RESIDING OR EMPLOYED WITHIN THE COUNTY OF SOLANO AND ADJOINING COUNTIES. ACCORDINGLY, SAHF HAS DEVELOPED,CONSTRUCTED/ REHABILITATED AND OVERSEEN THE OPERATIONS OF OVER 700 RENTAL UNITS FOR VERY-LOW AND LOW INCOME FAMILIES, ELDERLY AND HANDICAPPED PERSONS. IT IS ALSO IN THE PROCESS OF DEVELOPING ADDITIONAL LOW INCOME RENTAL PROJECTS. IN ADDITION, THE FOUNDATION ALSO SERVES AS THE GENERAL PARTNER IN FIVE LOW INCOME HOUSING PARTNERSHIPS OPERATING A TOTAL OF 302 LOW AND VERY LOW INCOME HOUSING UNITS. FURTHERMORE, SAHF GUARANTEES THE OBLIGATIONS OF ANOTHER ORGANIZATION THAT IS THE GENERAL PARTNER OF THREE LOW INCOME HOUSING PARTNERSHIPS IN VALLEJO, CA OPERATING A TOTAL OF 388 LOW AND VERY LOW INCOME HOUSING UNITS. | Description1Txt |
| Expenses1 | $4,157,336 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DEVELOPMENT IN PROGRESS FOR MARINA VILLAGE, SUISUN UNION SQUARE I AND II | Description1Txt |
| Expenses1 | $149,467 | Expenses1Amt |
| Total | $149,467 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,454,967 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,454,967 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $1,454,967 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $21,825 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,433,142 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $71,657 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,085 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $149,467 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $155,552 | QualifyingDistributionsAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $80,325 | Year1Amt |
| Year2 | $121,038 | Year2Amt |
| Year3 | $190,497 | Year3Amt |
| Total | $391,860 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $68,276 | Year1Amt |
| Year2 | $102,882 | Year2Amt |
| Year3 | $161,922 | Year3Amt |
| Total | $333,081 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $155,552 | CurrentYearAmt |
| Year1 | $57,228 | Year1Amt |
| Year2 | $19,485 | Year2Amt |
| Year3 | $1,189,334 | Year3Amt |
| Total | $1,421,599 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,085 | CurrentYearAmt |
| Year1 | $6,085 | Year1Amt |
| Year2 | $11,085 | Year2Amt |
| Year3 | $6,065 | Year3Amt |
| Total | $29,320 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $149,467 | CurrentYearAmt |
| Year1 | $51,143 | Year1Amt |
| Year2 | $8,400 | Year2Amt |
| Year3 | $1,183,269 | Year3Amt |
| Total | $1,392,279 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $28,515,562 | CurrentYearAmt |
| Year1 | $18,693,693 | Year1Amt |
| Year2 | $18,613,307 | Year2Amt |
| Year3 | $16,230,695 | Year3Amt |
| Total | $82,053,257 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $27,074,096 | CurrentYearAmt |
| Year1 | $17,930,149 | Year1Amt |
| Year2 | $16,192,548 | Year2Amt |
| Year3 | $12,420,752 | Year3Amt |
| Total | $73,617,545 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $47,771 | CurrentYearAmt |
| Year1 | $93,114 | Year1Amt |
| Year2 | $80,692 | Year2Amt |
| Year3 | $126,998 | Year3Amt |
| Total | $348,575 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSIST-A-GRAD SCHOLARSHIP FOUNDATION | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1111 WEBSTER STREET | AddressLine1Txt |
| City | FAIRFIELD | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 94533 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PUBLIC CHARITY | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | DONATION TO SUPPORT ANNUAL SCHOLARSHIP | GrantOrContributionPurposeTxt |
| Amt | $6,085 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,085 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Revenue Dtl ProgramServiceRevenueDtl (3 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| ADMIN SERVICES FEES | $355,898 |
| MANAGEMENT FEES | $184,753 |
| INTEREST FROM DEVELOPER FEES | $465,591 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,463 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $9,463 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,006,242 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,015,705 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1A | ON A NOT FOR PROFIT BASIS, THE FOUNDATION DEVELOPS LOW INCOME HOUSING |
| 1B | AND SERVES AS GENERAL PARTNER IN FIVE LOW INCOME HOUSING PARTNERSHIPS |
| 1C | THAT PROVIDE 302 RENTAL UNITS OF AFFORDABLE HOUSING FOR LOW-INCOME |
| 1D | FAMILIES, ELDERLY AND HANDICAPPED PERSONS. IN ADDITION, THE FOUNDATION MANAGES THREE ADDITIONAL LOW INCOME HOUSING PROJECTS THAT IT DEVELOPED THAT PROVIDE 388 UNITS OF LOW INCOME HOUSING IN VALLEJO, CA. THE DEVELOPER, OVERSIGHT AND PS MANAGEMENT FEES, OTHER INCOME AND ITS SHARE OF PARTNERSHIP LOW INCOME HOUSING RENTAL ACTIVITIES PROVIDE FUND FOR THE FOUNDATION TO PROVIDE FOR THE DEVELOPMENT OF ADDITIONAL AFFORDABLE HOUSING FOR LOW INCOME FAMILIES, ELDERLY AND HANDICAPPED PERSONS IN THE COUNTY OF SOLANO. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $35,906 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $35,906 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | FURNITURE AND EQUIPMENT | PropertyDesc |
| Acquired | 2023-01-01 | AcquiredDt |
| Cost Or Other Basis | $59,227 | CostOrOtherBasisAmt |
| Prior Year Depreciation | $56,853 | PriorYearDepreciationAmt |
| Computation Method | SL | ComputationMethodTxt |
| Life | 9.000000000000 | LifeRt |
| Current Year Expense | $1,202 | CurrentYearExpenseAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,202 | AdjustedNetIncomeAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | POTENTIAL EXCESSIVE COMPENSATION | IdentifierTxt |
| Form And Line Reference | 990 PF, PART VI-B, LINE 1D | FormAndLineReferenceDesc |
| Medium Explanation | THE FORMER EXECUTIVE DIRECTOR'S CONTRACT WAS TERMINATED IN JANUARY 2018. THE EMPLOYMENT CONTRACT EXECUTED IN 2000 BY AND BETWEEN SAHF AND THE EXECUTIVE DIRECTOR PROVIDED FOR POST-EMPLOYMENT BONUSES TO BE PAID TO THE EMPLOYEE AND/OR HIS SPOUSE ANNUALLY OVER A 20-YEAR TERM COMMENCING UPON THE YEAR OF RETIREMENT FROM SAHF.IN ADDITION, THE FORMER EXECUTIVE DIRECTOR'S EMPLOYMENT CONTRACT, WITH APPLICABLE AMENDMENTS, PROVIDES FOR SUPPLEMENTAL HEALTH CARE COVERAGE BENEFITS UP TO $3,000 PER FISCAL YEAR, INCREASED ANNUALLY BY THE APPLICABLE CPI, NOT TO EXCEED 6% IN ANY GIVEN YEAR UNTIL THE LATER OF (A) DEATH OR (B) TWENTY YEARS AFTER THE LAST DATE OF FULL-TIME EMPLOYMENT.ELIGIBILITY FOR THE BONUS IS FULLY VESTED AND REQUIRES NO FUTURE SERVICE COMMITMENT. THE ANNUAL POST-EMPLOYMENT BONUS IS CAPPED AT THE EMPLOYEE'S SALARY AT DATE OF RETIREMENT, TO BE INCREASED ANNUALLY BY THE APPLICABLE CPI, NOT TO EXCEED 6% IN ANY GIVEN YEAR. HOWEVER, DETERMINATION OF THE ANNUAL POST-EMPLOYMENT BONUS AMOUNT IS CONTINGENT UPON REPORTED CHANGES IN THE OPERATING NET ASSETS OF THE ORGANIZATION, AND PAYMENT OF AMOUNTS EARNED ARE ALSO SUPPLEMENTED BY APPLICABLE BONUS SET-ASIDE EARNINGS CARRIED FORWARD AT DATE OF RETIREMENT UNDER TERMS OF THE EMPLOYMENT CONTRACT. SINCE THE ANNUAL POST-EMPLOYMENT BONUS IS PREDICATED ON SAHF'S ANNUAL OPERATING RESULTS AND REPORTED CHANGE IN NET ASSETS, THE AMOUNT OF THE FUTURE POTENTIAL OBLIGATION FOR THE 20-YEAR TERM WAS DEEMED INDETERMINATE.BY AUTHORITY AND RESOLUTION OF THE BOARD OF DIRECTORS, A $754,018 ADVANCE PAYMENT OF THE ANNUAL POST-EMPLOYMENT BONUS WAS MADE IN DECEMBER 2012, WHICH AMOUNT WAS REPORTED AS WAGES ON THE FORMER EXECUTIVE DIRECTOR'S 2012 FORM W-2. THE ADVANCE PAYMENT IS EXPECTED TO BE OFFSET AGAINST FUTURE POST-EMPLOYMENT BONUSES, UTILIZING A DISCOUNT RATE OF 5% PER ANNUM, AND IS TO BE AMORTIZED OVER A 20-YEAR TERM COMMENCING IN THE YEAR FOLLOWING RETIREMENT OR SEPARATION FROM THE ORGANIZATION. EFFECTIVE JULY 1, 2017, MANAGEMENT DISCONTINUED ALL INTEREST ACCRUAL ON THE ADVANCE AS RECOVERY OF SUCH AMOUNTS ARE NOT ASSURED UNLESS, AND UNTIL, POST-RETIREMENT BONUSES ARE DEEMED EARNED AND PAYABLE TO THE FORMER EXECUTIVE DIRECTOR. FOR FINANCIAL REPORTING PURPOSES, SAHF HAS FULLY RESERVED THE ADVANCE.IN MARCH 2018, SAHF ELECTED TO PAY THE FORMER EXECUTIVE DIRECTOR A CLAIM FOR COMPENSATION INCLUSIVE OF CERTAIN BONUS SET-ASIDE EARNINGS AND OTHER COMPENSATION, TOTALING $553,102. SAHF'S BOARD OF DIRECTORS REPRESENTS THAT SUCH PAYMENT CONSTITUTES FULL SATISFACTION OF ALL "WHILE EMPLOYED" CLAIMS FOR EARNINGS OR OTHER COMPENSATION MADE DURING THE EXECUTIVE DIRECTOR'S TENURE AS AN EMPLOYEE. IN ACCORDANCE WITH THE TERMS OF THE EXECUTIVE DIRECTOR'S EMPLOYMENT CONTRACT, BONUS SET-ASIDE EARNINGS WERE NOT ACCRUED AS A LIABILITY SINCE PAYMENT OF SUCH AMOUNTS WERE CONTINGENT ON SAHF'S ANNUAL OPERATING RESULTS AND REPORTED CHANGE IN NET ASSETS DURING THE POST-RETIREMENT PERIOD, WHICH WAS INDETERMINATE. THE DECISION TO PAY BONUS SET-ASIDE EARNINGS AND OTHER COMPENSATION CLAIMS IN MARCH 2018 WAS A CONTEMPORANEOUS AND DISCRETIONARY DECISION OF THE BOARD OF DIRECTORS.IN SEPTEMBER 2017, THE FORMER EXECUTIVE DIRECTOR SUBMITTED AN INVOICE TO SAHF FOR ANOTHER ADVANCE PAYMENT IN THE AMOUNT OF $828,368 THAT HE CONTENDS IS PAST DUE. SAHF DISAGREES THAT ANY ADVANCE PAYMENT IS DUE. THE FORMER EXECUTIVE DIRECTOR CONTENDS HE IS ENTITLED TO RETIREMENT PAYMENTS IN EXCESS OF $3,400,000 THROUGH 2037. IN CONNECTION WITH SUCH CLAIMS, THE SAHF BOARD OF DIRECTORS RETAINED LEGAL COUNSEL IN MARCH 2019 TO ASSIST THEM IN DETERMINING WHETHER SUCH CLAIMS ARE VALID AND REASONABLE. COUNSEL OBTAINED EXPERT ADVICE FROM AN INDEPENDENT COMPENSATION EXPERT, WHICH CONCLUDED THE FORMER EXECUTIVE DIRECTOR RECEIVED EXCESSIVE COMPENSATION. THE EXCESSIVE COMPENSATION PROBABLY RESULTED IN EXCESSIVE COMPENSATION PROHIBITED TRANSACTIONS WITHIN THE MEANING OF SECTION 4941 OF THE INTERNAL REVENUE CODE. BECAUSE ANY ADDITIONAL PAYMENTS TO THE FORMER EXECUTIVE DIRECTOR COULD ALSO RESULT IN EXCESSIVE COMPENSATION PROHIBITED TRANSACTIONS, NO PAYMENT HAS BEEN MADE TO THE FORMER EXECUTIVE DIRECTOR SINCE MARCH 2018. SAHF NOTIFIED THE INTERNAL REVENUE SERVICE AND THE CALIFORNIA ATTORNEY GENERAL, CHARITABLE TRUST SECTION, OF THE FACTS REGARDING THE POSSIBLE EXCESSIVE COMPENSATION PROHIBITED TRANSACTIONS. OTHER THAN FORM LETTER ACKNOWLEDGEMENTS FROM THE IRS, IRS HAS NOT RESPONDED. THE CALIFORNIA ATTORNEY GENERAL CHARITABLE TRUST SECTION HAS OPENED A CORRESPONDENCE AUDIT. SAHF IS FULLY COOPERATING WITH THE ATTORNEY GENERAL, WHOSE OFFICE IS MONITORING THE ONGOING DISPUTE BETWEEN SAHF AND THE FORMER EXECUTIVE DIRECTOR. | MediumExplanationTxt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | FURNITURE AND EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $59,227 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $58,055 | AccumulatedDepreciationAmt |
| Book Value | $1,172 | BookValueAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $1,031,515 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,031,515 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| OTHER DEPOSITS | $5,772 | $5,208 | $5,208 |
| RECEIVABLES FROM AFFILIATES | $15,643,998 | $22,327,706 | $22,327,706 |
| NOTE RECEIVABLE | $367,213 | $4,858,307 | $4,858,307 |
| INTEREST RECEIVABLE | $14,081 | $15,000 | $15,000 |
| DEVELOPMENT IN PROGRESS | $74,405 | $149,467 | $149,467 |
| INVESTMENT IN PARTNERSHIPS | $272,563 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR YEAR ADJUSTMENT | Desc |
| Amt | $45,506,983 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (14 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADVERTISING AND MARKETING | $2,679 | $0 | $2,679 | $0 |
| BANK CHARGES | $703 | $0 | $703 | $0 |
| DEVELOPER FEES | $932,392 | $0 | $932,392 | $0 |
| DUES AND SUBSCRIPTIONS | $6,350 | $0 | $6,350 | $0 |
| INSURANCE | $65,073 | $0 | $65,073 | $0 |
| LOSS FROM PARTNERSHIPS | $744,870 | $0 | $744,870 | $0 |
| MISC. TAXES & LICENSE FEE | $310 | $0 | $310 | $0 |
| MISCELLANEOUS EXPENSES | $930 | $0 | $930 | $0 |
| OFFICE SUPPLIES AND EXPENSES | $41,727 | $0 | $41,727 | $0 |
| PARTNERSHIP EXPENSES | $5,900 | $0 | $5,900 | $0 |
| PENSION COST | $38,240 | $0 | $38,240 | $0 |
| STAFF DEVELOPMENT | $1,195 | $0 | $1,195 | $0 |
| WEBSITE EXPENSES | $9,396 | $0 | $9,396 | $0 |
| WORKER'S COMPENSATION INSURANCE | $2,213 | $0 | $2,213 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ADMIN SERVICES FEES | $355,898 | $355,898 |
| MANAGEMENT FEES | $184,753 | $184,753 |
| INTEREST FROM DEVELOPER FEES | $465,591 | $465,591 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| INTEREST PAYABLE | $20,480 | $21,106 |
| RELATED PARTY PAYABLE | $4,724 | $0 |
| NOTES PAYABLE | $13,910 | $4,513,910 |
| INVESTMENT IN PARTNERSHIPS | $0 | $53,879,858 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING | CategoryTxt |
| Amt | $161,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $161,000 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PAYROLL TAXES | CategoryTxt |
| Amt | $43,682 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $43,682 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |