2013-05-02T13:29:24-05:00 2012-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD STE 300 CARMEL IN 46032 990 2011-07-01 954479136 SANTA MONICA NEW HOPE COURTYARD APARTMENTS SANT 2132509481 1004 ECHO PARK AVENUE LOS ANGELES CA 90026 DAVID NAHAS 2132509481 2013-05-02 1 JESSICA COOPER P01011828 3178485700 2011 2016-02-25 16:41:14Z DAVID NAHAS 1004 ECHO PARK AVENUE LOS ANGELES CA 90026 228526 0 X N/A X 1994 CA 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. 6 6 0 0 0 0 95109 124700 121729 100476 14 18 6 3332 216858 228526 0 0 0 0 0 0 0 0 0 326799 317997 326799 317997 -109941 -89471 3289505 3206486 4803344 4809796 -1513839 -1603310 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 284049 100476 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. 284049 1 1 0 0 0 0 0 0 0 0 1 0 0 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 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 1 0 1 1 0 0 1 0 1 0 0 0 0 CA X X BRIGITTE TWEDDELL 2132509481 1004 ECHO PARK AVENUE LOS ANGELES CA 90026 X X DAVID NAHAS 0.30 X X 0 0 0 THOMAS SPRATT 0.30 X X 0 0 0 SHARON O'ROURKE 0.30 X X 0 0 0 JACK PLIMPTON 0.30 X 0 0 0 MARGARET FERRIOL 0.30 X 0 0 0 LARRY FUGAL 0.30 X 0 0 0 GEORGE MARKS JR 0.30 X 0 0 0 BRIGITTE TWEDDELL 0.30 X 0 0 0 0 0 0 0 0 0 0 0 124700 124700 RENTAL INCOME 531110 100476 100476 100476 18 18 MISCELLANEOUS INCOME 531110 3284 3284 TENANT CHARGES 531110 48 48 3332 228526 100476 0 3350 20929 20929 649 649 6755 6755 6346 6155 191 11628 11628 2708 2708 117079 117079 2295 2295 421 421 97138 97138 11595 11595 MANAGEMENT COMPANY EMPL 37244 37244 BAD DEBT EXPENSE 3210 3210 317997 284049 33948 0 16548 952 0 4343 4391 3921080 1401516 2615911 2519564 33410 46897 626592 611040 8297 8046 3289505 3206486 61224 68754 66 3 4691509 4691509 50545 49530 4803344 4809796 X -1513839 -1603310 -1513839 -1603310 3289505 3206486 -89471 0 X X 0 1 1 X 1 1 X 5000 92680 95109 124700 317489 137623 168192 100732 121729 100476 628752 137623 173192 193412 216838 225176 946241 0 0 0 946241 1 51 19 14 18 103 1 51 19 14 18 103 24218 1122 6 3332 28678 137624 197461 194553 216858 228526 975022 0.97050 0.97110 0.00010 0.00010 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: 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. MISCELLANEOUS INCOME FOR 2011 ALSO INCLUDES AN INSURANCE REFUND. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3849875 1330511 2519364 71205 71005 200 2519564 SECURITY DEPOSITS 8064 RELATED PARTY ADVANCE 41466 49530 228526 317997 -89471 -89471 228526 0 228526 0 228526 317997 0 317997 0 317997 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 3 SANTA MONICA NEW HOPE COURTYARD APARTMENTS IS MANAGED BY TELACU RESIDENTIAL MANAGEMENT, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. TELACU RESIDENTIAL 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 RESIDENTIAL MANAGEMENT, INC. TO MANAGE THE SANTA MONICA NEW HOPE COURTYARD APARTMENTS APARTMENT COMMUNITY. 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 11 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. AVERAGE NUMBER OF HOURS WORKED 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. OVERSIGHT OF AUDITING FUNCTION FORM 990, PART XI, 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. SILVERLAKE NEW HOPE COURTYARD APARTMENTS 1004 ECHO PARK LOS ANGELES CA 90026 954479135 LOW INCOME HOUSING CA 501(C)(3) 9 0 FAITH HOUSING NEW HOPE APARTMENTS 1004 ECHO PARK LOS ANGELES CA 90026 311705626 LOW INCOME HOUSING CA 501(C)(3) 9 0 PROJECT NEW HOPE 1004 ECHO PARK LOS ANGELES CA 90026 954337245 LOW INCOME HOUSING CA 501(C)(3) 9 0 HOMESTEAD HOSPICE & SHELTER 1004 ECHO PARK LOS ANGELES CA 90026 330260219 LOW INCOME HOUSING CA 501(C)(3) 7 0 NYUMBA APARTMENT 1004 ECHO PARK AVENUE LOS ANGELES CA 90026 954784748 RENTAL CA N/A N/A 0 0 PALOS VERDE STREET LP 1004 ECHO PARK AVENUE LOS ANGELES CA 90026 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