2025-10-23T15:22:39-05:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2024-01-01 942995223 EDEN INVESTMENTS INC EDEN 5105821460 22645 GRAND STREET HAYWARD CA 94541 TATIANA BLANK CFO 5105821460 2025-10-22 1 1 JOLANTA TUCK P01340068 9164429100 2025-10-21 2024 2025-03-06 01:10:19Z LINDA MANDOLINI 22645 GRAND STREET HAYWARD CA 94541 40861551 0 X WWW.EDENHOUSING.ORG X 1986 CA TO PROVIDE LOW-INCOME HOUSING. 16 16 0 16 0 0 2336749 31845390 5261401 8076738 312736 77785 472680 861638 8383566 40861551 4416884 1115832 0 0 0 0 0 0 0 34598795 52277596 39015679 53393428 -30632113 -12531877 155242660 150257290 206952301 216990938 -51709641 -66733648 TO SERVE AS GENERAL PARTNER FOR MULTIPLE PARTNERSHIPS THAT OWN AND OPERATE LOW-INCOME HOUSING PROJECTS. 0 0 53187852 1115832 8938376 THE CORPORATION SERVES AS A GENERAL PARTNER FOR MULTIPLE PARTNERSHIPS THAT OWN AND OPERATE LOW-INCOME APARTMENT COMPLEXES IN CALIFORNIA. 53187852 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 82 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 CA X DEEPIKA SHARMA 5105821460 22645 GRAND STREET HAYWARD CA 94541 ALI SOLIS DIRECTOR 0.10 3.90 X 0 0 0 AMY NECHES TREASURER/DIRECTOR 0.10 3.90 X X 0 0 0 ANDREA JONES DIRECTOR 0.10 3.90 X 0 0 0 ANNETTE BILLINGSLEY DIRECTOR 0.10 3.90 X 0 0 0 CANDICE GONZALEZ O'HANLON DIRECTOR 0.10 3.90 X 0 0 0 CHERYL O'CONNOR VICE CHAIR/DIRECTOR 0.10 3.90 X X 0 5500 0 DAVID GARCIA DIRECTOR 0.10 3.90 X 0 0 0 DEBORAH RUANE DIRECTOR 0.10 3.90 X 0 0 0 DOUGLAS KUERSCHNER DIRECTOR 0.10 3.90 X 0 0 0 GRACE LI HARPER DIRECTOR 0.10 3.90 X 0 0 0 JAMES KENNEDY DIRECTOR 0.10 3.90 X 0 0 0 JOSEPH M POSTIGO DIRECTOR 0.10 3.90 X 0 0 0 KARA DOUGLAS DIRECTOR 0.10 3.90 X 0 0 0 RUDOLPH JOHNSON III CHAIR/DIRECTOR 0.10 3.90 X X 0 0 0 SEAN CALLUM SECRETARY/DIRECTOR 0.10 3.90 X X 0 0 0 SHEILA ANN BURKS DIRECTOR 0.10 3.90 X 0 0 0 LINDA MANDOLINI PRESIDENT 0.10 64.90 X 0 622898 39896 TATIANA BLANK CFO 0.10 54.90 X 0 472462 19946 TIMOTHY GREEN ASSISTANT SECRETARY/GENERAL COUNSEL 0.10 54.90 X 0 300949 17551 0 1401809 77393 0 0 1 0 0 2485661 4190391 25169338 31845390 RENTAL INCOME 531110 5684572 5684572 PARTNERSHIP MANAGEMENT FEES 531110 1438512 1438512 INCENTIVE MANAGEMENT FEES 531110 620939 620939 INTEREST FROM NOTES RECEIVABLES 531110 257124 257124 ASSET MANAGEMENT FEES 531110 75591 75591 8076738 77785 77785 ANCILLARY SERVICES 531110 44957 44957 816681 816681 861638 40861551 8938376 0 77785 1115832 1115832 2611818 2611818 20720 20720 205576 205576 1450336 1450336 969 969 117018 117018 44697 44697 8741275 8741275 6988 6988 15603 15603 2706143 2706143 LOSS FROM PARTNERSHIPS 35705932 35705932 TAXES/LICENSES/PERMITS 98927 98927 BAD DEBTS 82613 82613 468981 468981 53393428 53187852 205576 0 3238677 1780008 614396 1040313 33196420 26781 25220 112817959 5465315 110112872 107352644 8053514 40059105 155242660 150257290 471805 2934372 301056 338737 341893 338637 94094094 94276616 111743453 119102576 206952301 216990938 X -51709641 -66733648 -51709641 -66733648 155242660 150257290 X -12531877 -7152 -2484978 X 0 1 X 1 0 X X 1 EDEN HOUSING INC 231716750 7 1 1115832 51930032 1 1115832 51930032 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 19317174 19317174 92770486 5378705 87391781 127253 86610 40643 603046 603046 107352644 TENANT DEPOSITS 366186 PARTNERSHIP MANAGEMENT FEES RECEIVABLE 4274738 RESERVES 3442309 IMPOUNDS 355370 CLOSING COSTS 262725 DUES TO RELATED PARTIES 31357777 40059105 DUE TO AFFILIATES 28915226 LTD PARTNERSHIP INVESTMENTS 85827910 ACCRUED PARTNERSHIP MANAGEMENT FEES 4359440 119102576 X PART IV, LINE 2B: THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS. PART X, LINE 2: EHI AND THE OTHER NOT-FOR-PROFIT CORPORATIONS ARE TAX-EXEMPT PURSUANT TO THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND RELATED CALIFORNIA CODE SECTIONS. STEVENSON LAND CORPORATION IS TAX-EXEMPT PURSUANT TO THE INTERNAL REVENUE CODE SECTION 501(C)(2) AND RELATED CALIFORNIA CODE SECTIONS. THE INCOME OR LOSS FROM THE PARTNERSHIPS IS REPORTED BY THE PARTNERS ON THEIR INCOME TAX RETURNS. THE CONSOLIDATED FINANCIAL STATEMENTS ALSO INCLUDE CERTAIN CORPORATIONS THAT ARE NOT TAX-EXEMPT. NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE SINGLE MEMBER LIMITED LIABILITY COMPANIES WHICH ARE GENERALLY CONSIDERED DISREGARDED ENTITIES. THE INCOME OR LOSS OF THE LLCS IS INCLUDED IN THE TAX RETURNS OF THEIR RESPECTIVE SOLE MEMBERS. ONLY THE ANNUAL CALIFORNIA LIMITED LIABILITY COMPANY MINIMUM TAX AND THE ANNUAL FEE APPEAR AS EXPENSE IN THE CONSOLIDATED FINANCIAL STATEMENTS. EHI AND AFFILIATES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. EHI AND AFFILIATES' FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE FISCAL YEARS ENDED 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. 1 EDEN HOUSING INC 22645 GRAND STREET HAYWARD CA 94541 231716750 501(C)(3) 1115832 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES 1 0 PART I, LINE 2: GRANT EXPENSE REPRESENTS CONTRIBUTIONS TO AFFILIATED ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 LINDA MANDOLINI PRESIDENT 0 559838 0 58830 0 4230 0 17250 0 22646 0 662794 0 0 TATIANA BLANK CFO 0 408064 0 62924 0 1474 0 17250 0 2696 0 492408 0 0 TIMOTHY GREEN ASSISTANT SECRETARY/GENERAL COUNSEL 0 259308 0 40432 0 1209 0 14993 0 2558 0 318500 0 0 PART I, LINE 3 OFFICERS ARE FULL TIME EMPLOYEES OF EDEN HOUSING, INC., A RELATED 501(C)(3) CHARITABLE NONPROFIT ORGANIZATION. WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND FORM 990 OF OTHER ORGANIZATIONS WERE USED TO ESTABLISH THE COMPENSATION OF ORGANIZATION'S CEO/CFO, OFFICERS AND KEY EMPLOYEES. BOARD OR COMPENSATION COMMITTEE'S APPROVAL IS ALSO REQUIRED. FORM 990, PART VI, SECTION A, LINE 3 THE CORPORATION IS AFFILIATED WITH EDEN HOUSING MANAGEMENT, INC. A NONPROFIT CORPORATION WHO IS UNDER COMMON BOARD CONTROL. EDEN HOUSING MANAGEMENT, INC. PROVIDES PROPERTY MANAGEMENT SERVICES TO THE RESIDENTS OF THE CORPORATION AND IS REIMBURSED BY THE CORPORATION FOR CERTAIN SHARED PAYROLL AND OPERATING EXPENSES. THE CORPORATION INCURRED AND PAID A MANAGEMENT FEE OF $2,611,818 FOR THE YEAR ENDED DECEMBER 31, 2024 TO EDEN HOUSING MANAGEMENT, INC. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE APPOINTED BY, AND EACH MUST BE, A DIRECTOR OF EDEN HOUSING, INC. FORM 990, PART VI, SECTION B, LINE 11B THE CORPORATE CONTROLLER AND CFO CONDUCT A DETAIL REVIEW OF THE RETURN BEFORE IT IS FILED. DETAIL REVIEW INCLUDES AGREEING NUMBERS TO AUDIT REPORT, REASONABLENESS TESTS ON DATA, AND REVIEWING SALARY INFORMATION. EACH MEMBER OF THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, UPON REQUEST, CAN REVIEW THE FORM 990 AND SUBMIT COMMENTS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE QUESTIONNAIRE ANNUALLY. IF A BOARD MEMBER HAS ANY CONFLICT OF INTEREST, THE BOARD MEMBER WOULD NEED TO RECUSE HIMSELF/HERSELF FROM ANY DECISIONS REGARDING A CONFLICT AREA. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DOWNTOWN RIVER LLC ADJUSTMENT 323,622. EDEN IRIS GARDENS LLC ADJUSTMENT -2,998,677. DISSOLVEMENT OF EDEN PALM TERRACE LLC 495. DTLM LLC OWNERSHIP INTEREST ASSIGNED TO EHI 3,597. REGIONAL STREET LLC OWNERSHIP INTEREST ASSIGNED TO EHI -153,610. EDEN TROLLEY I LLC OWNERSHIP INTEREST ASSIGNED TO EHI 320,518. LEGACY COURT LLC ADJUSTMENT 18,825. OTHER ADJUSTMENT 252. 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