2025-02-06T16:09:10-08:00 2024-06-30 952076568 Leaf & Cole LLP 2810 Camino Del Rio South Suite 200 San Diego CA 92108 990 2023-07-01 237384453 FIRST CONGREGATIONAL MEMORIAL TOWER FIRS 3232583512 17150 VIA DEL CAMPO 307 SAN DIEGO CA 92127 BOB MURPHY President 2025-02-06 true true MICHAEL J ZIZZI P00085553 6192947200 X 2023 2025-03-06 01:10:19Z MIKE BURROWS 3183587 false X N/A X 1974 CA TO OPERATE A 100 UNIT SENIOR CITIZEN HOUSING COMPLEX WHICH SERVES THE LOW-INCOME, ELDERLY AND HANDICAPPED. 9 9 4 9 0 0 2762325 3028007 65575 155580 0 2827900 3183587 0 0 334658 370424 0 0 1408834 1601467 1743492 1971891 1084408 1211696 7529992 8648136 6133769 6040217 1396223 2607919 TO OPERATE A 100 UNIT SENIOR CITIZEN HOUSING COMPLEX WHICH SERVES THE LOW-INCOME, ELDERLY AND HANDICAPPED. false false 1489385 3028007 CALHFA PROJECT NO.75-081-S PROVIDES 100 UNITS OF RENTAL HOUSING TO LOW-INCOME, ELDERLY AND HANDICAPPED TENANTS. 1489385 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 4 true false false false false false false false 0 false false false false false false false false false false X 9 9 false true false false false false false true false false false true false false true false false false CA X ROYAL PROPERTY MANAGEMENT GR 8583128170 17150 VIA DEL CAMPO 307 SAN DIEGO CA 921272139 X GLENN DUNHAM Vice President 0.50 0.00 X X 0 0 0 JANE WELSH Director 0.50 0.00 X 0 0 0 MARLA MCBRIDE Director 0.50 0.00 X 0 0 0 BOB MURPHY President 0.50 0.00 X X 0 0 0 ANTONIO MARTINEZ Director 0.50 0.00 X 0 0 0 APPASWAMY PAJANOR Director 0.50 0.00 X 0 0 0 JERE MCINERNEY Secretary 0.50 0.00 X X 0 0 0 DONALD ASHLEY CFO 0.50 0.00 X X 0 0 0 LISA STREIBING Director 0.50 0.00 X 0 0 0 0 false false false 0 0 LAUNDRY INCOME 531390 3412 3412 TENANT CHARGES 531390 12592 12592 TENANT RENTAL INCOME 531110 3012003 3012003 3028007 155580 155580 0 0 0 0 0 0 0 0 3183587 3028007 155580 0 0 0 0 0 0 299042 143402 155640 0 48916 23457 25459 22466 10773 11693 75151 75151 0 0 0 0 0 81715 81715 2400 2400 37657 37657 0 0 0 0 0 0 200204 200204 0 227268 227268 139973 139973 OPERATING AND MAINTENANCE 483979 483979 UTILITIES 249619 249619 OTHER EXPENSES 70755 7890 62865 ADMINISTRATIVE RENT FREE UNIT 30867 30867 1879 420 1459 1971891 1489385 482506 0 1392316 1123892 2692226 3986948 0 5914 0 0 0 0 97595 104504 8411917 6081228 2523502 2330689 0 0 0 196002 189282 628351 906907 7529992 8648136 128810 149283 761 6731 5971514 5849427 32684 34776 6133769 6040217 X 1396223 2607919 1396223 2607919 7529992 8648136 1211696 X false true X true true true X 0 1379233 1409195 1435677 2762325 3028007 10014437 0 0 0 1379233 1409195 1435677 2762325 3028007 10014437 0 0 10014437 52508 35765 13457 65575 155580 322885 0 52508 35765 13457 65575 155580 322885 0 0 1431741 1444960 1449134 2827900 3183587 10337322 0.96880 0.97730 0.03120 0.02270 X 264000 264000 7531242 5522065 2009177 66833 18659 48174 549842 540504 9338 2330689 CONSTRUCTION IN PROGRESS 21246 ESCROW DEPOSITS 178554 INTEREST RECEIVABLE 61702 RESERVE FOR REPLACEMENT 607066 TENANT SECURITY DEPOSITS 38339 906907 TENANT SECURITY DEPOSITS 34776 34776 X 3183587 3183587 3183587 1971891 1971891 1971891 Part X : FIN48 Footnote THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701(D)OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION.The Organizations Return of Organization Exempt from Income Tax for the years ended June 30, 2023, 2022, 2021 and 2020 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed. Form 990, Part VI, Section A, Line 3 A MANAGEMENT COMPANY IS RESPONSIBLE FOR THE DAILY OPERATIONS OF THE HOUSING PROJECT. Form 990, Part VI, Section B, Line 11b THE FORM 990 IS INITIALLY REVIEWED BY FALKENBERG/GILLIAM AND ASSOCIATES FINANCE DEPARTMENT AND THEN FORWARDED TO THE BOARD MEMBERS FOR REVIEW AND SIGNATURE. Form 990, Part VI, Section C, Line 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.