2023-01-23T16:06:04-06:00 2022-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2021-07-01 953795161 COMMUNITY CORPORATION OF SANTA MONICA COMM 3103948487 1423 SECOND STREET B SANTA MONICA CA 90401 TARA BARAUSKAS EXECUTIVE DIRECTOR 3103948487 2023-01-12 1 TARA BARAUSKAS 999009999 ELLEN WILDE P01254265 3178485700 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z TARA BARAUSKAS 1423 SECOND STREET NO B SANTA MONICA CA 90401 17606669 0 X WWW.COMMUNITYCORP.ORG X 1982 CA SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT. 16 16 132 0 0 0 1049350 144122 16746910 16962461 310182 249807 173207 242433 18279649 17598823 5000 4000 0 0 5585305 5706931 0 0 0 10185969 10569515 15776274 16280446 2503375 1318377 198145553 197338615 156546327 155788979 41599226 41549636 COMMUNITY CORPORATION OF SANTA MONICA WAS FORMED TO IMPROVE LIVES AND NEIGHBORHOODS BY RESTORING, BUILDING, AND MANAGING AFFORDABLE HOUSING FOR PEOPLE OF MODEST MEANS. 0 0 9307482 4000 17117342 COMMUNITY CORPORATION OF SANTA MONICA WAS FORMED TO IMPROVE LIVES AND NEIGHBORHOODS BY RESTORING, BUILDING, AND MANAGING AFFORDABLE HOUSING FOR PEOPLE OF MODEST MEANS. 9307482 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 43 0 1 132 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 CA X ROBERT J CONNELL 3103948487 1423 SECOND STREET SUITE B SANTA MONICA CA 90401 RICHARD MOORE CHAIR 1.00 X X 0 0 0 JOANNE YOKOTA VICE CHAIR 1.00 X X 0 0 0 MARIA RODRIGUEZ SECRETARY 1.00 X X 0 0 0 TED ROTH TREASURER 1.00 X X 0 0 0 PATRICIA HOFFMAN BOARD MEMBER 1.00 X 0 0 0 ROBERT GARDNER BOARD MEMBER 1.00 X 0 0 0 PAUL DESANTIS BOARD MEMBER 1.00 X 0 0 0 DOUG WILLIS BOARD MEMBER 1.00 X 0 0 0 FR MIKE GUTIERREZ BOARD MEMBER 1.00 X 0 0 0 JOHN JALILI BOARD MEMBER 1.00 X 0 0 0 MAGGIE PHILLIPS BOARD MEMBER 1.00 X 0 0 0 SANDRA STRENGTH BOARD MEMBER 1.00 X 0 0 0 RALPH MECHUR BOARD MEMBER 1.00 X 0 0 0 BERENICE ONOFRE BOARD MEMBER 1.00 X 0 0 0 JAVIER GUZMAN BOARD MEMBER 1.00 X 0 0 0 ZAKIYA BOARD MEMBER 1.00 X 0 0 0 TARA BARAUSKAS EXECUTIVE DIRECTOR 40.00 X 227040 0 4780 ROBERT CONNELL CHIEF FINANCIAL OFFICER 40.00 X 166195 0 6106 JESUS HERNANDEZ DIRECTOR OF HOUSING DEVELO 40.00 X 169995 0 6244 MIGUEL CEBALLOS DIRECTOR OF MAINTENANCE 40.00 X 153107 0 5596 DURINDA ABRAHAM DIRECTOR OF PROPERTY MGMT 40.00 X 166016 0 0 MARTHA MARTINEZ HUMAN RESOURCES / ADMIN MANAGER 40.00 X 144621 0 4807 LAURA KRUG CONTROLLER 40.00 X 128054 0 4610 DAISY MIGUEL SENIOR PROJECT MANAGER 40.00 X 137503 0 2394 ANGELA ROGERS DEPUTY OF PROPERTY MANAGEMENT 40.00 X 128313 0 0 KAREN KRYGIER SENIOR ASSET MANAGER 40.00 X 117109 0 4181 VERONICA GARCIA DIRECTOR OF RESIDENT SERVICES 40.00 X 115784 0 1200 KYONG CHANG DEPUTY DIRECTOR OF OPERATIONS 40.00 X 115846 0 0 ALEXANDER AVAKIAN IT ADMINISTRATOR 40.00 X 113844 0 4033 1883427 0 43951 13 0 1 0 KFA LLP 3573 HAYDEN AVE CULVER CITY CA 90232 8333 AIRPORT ARCHITECT SERVICES 485033 MFRG-ICON CONSTRUCTION 2461 SANTA MONICA BLVD SANTA MONICA CA 90404 1616 OCEAN DEVELOPMENT 428986 AMERICATEAM CONTRACTORS CO 1223 WILSHIRE BLVD 582 SANTA MONICA CA 90403 GENERAL REPAIRS 395678 EGAN SIMON ARCHITECTURE 7740 W MANCHESTER AVE 205 PLAYA DEL REY CA 90293 2033 VIRGINIA DEVELOPMENT 248625 CRUZ CONSTRUCTION AND LANDSCAPE INC 18842 DEVONSHIRE ST NORTHRIDGE CA 91324 GENERAL REPAIRS 247880 15 144122 144122 RENTAL INCOME 531110 13086381 13086381 DEVELOPMENT FEES 531310 1523373 1523373 PROPERTY MANAGEMENT 531310 1443698 1443698 RESIDENT SERVICE FEES 531310 451008 451008 MAINTENANCE SERVICE FEES 531310 341776 341776 116225 116225 16962461 257653 257653 162727 0 162727 162727 162727 7846 -7846 -7846 -7846 OTHER REVENUE-MISC. 531110 79706 79706 79706 17598823 17117342 0 337359 4000 4000 1927380 1927380 2800128 547510 2252618 627491 627491 351932 351932 50014 50014 10794 10794 414453 70235 344218 99417 99417 833752 833752 5950110 5950110 20196 20196 78637 78637 2816137 2626062 190075 141967 141967 BAD DEBTS 109565 109565 ADMINISTRATIVE 44473 44473 16280446 9307482 6972964 0 13017098 10073763 7226735 9135525 1397823 915507 182728538 43314634 141250655 139413904 23076902 22672663 105957 86303 12070383 15040950 198145553 197338615 1349711 1101068 231632 126961 151313624 151486672 3651360 3074278 156546327 155788979 X 40631294 40731809 967932 817827 41599226 41549636 198145553 197338615 1318377 -1367967 0 X X 0 1 X 1 0 X 92663 108687 266764 1049350 144122 1661586 12718379 15796306 16015398 16746910 16962421 78239414 12811042 15904993 16282162 17796260 17106543 79901000 0 0 0 79901000 217229 498655 532740 482422 420380 2151426 217229 498655 532740 482422 420380 2151426 27160 500 108240 967 79706 216573 13055431 16404148 16923142 18279649 17606629 82268999 0.97120 0.97290 0.02620 0.02440 X 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 72972034 72972034 109029482 42587612 66441870 727022 727022 0 139413904 INVESTMENT IN PARTNERSHIPS -899125 C OTHER RESERVES 13324965 C RESERVE FOR REPLACEMENTS 10246823 C 22672663 MISC OTHER ASSETS 315000 SECURITY DEPOSITS 25952 CONSTRUCTION IN PROGRESS 14699998 15040950 SECURITY DEPOSITS 723402 INTEREST ON LOANS/NOTES 1745649 DUE FROM CCSM 605227 3074278 X PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. X X 0 0 0 0 0 0 0 0 0 TARA BARAUSKAS EXECUTIVE DIRECTOR 216000 0 0 0 11040 0 4780 0 0 0 231820 0 0 0 ROBERT CONNELL CHIEF FINANCIAL OFFICER 155769 0 0 0 10426 0 6106 0 0 0 172301 0 0 0 JESUS HERNANDEZ DIRECTOR OF HOUSING DEVELO 159312 0 0 0 10683 0 6244 0 0 0 176239 0 0 0 MIGUEL CEBALLOS DIRECTOR OF MAINTENANCE 142667 0 0 0 10440 0 5596 0 0 0 158703 0 0 0 DURINDA ABRAHAM DIRECTOR OF PROPERTY MGMT 155576 0 0 0 10440 0 0 0 0 0 166016 0 0 0 PART I, LINE 3 THE BOARD USES A SALARY SURVEY PREPARED BY AN INDEPENDENT THIRD PARTY CONSULTANT TO ARRIVE AT SALARY AMOUNTS. ANY CHANGE IN COMPENSATION REQUIRES APPROVAL FROM THE BOARD OF DIRECTORS. FORM 990, PART I, LINE 1: THE ORGANIZATION'S MISSION IS TO IMPROVE LIVES AND NEIGHBORHOODS BY RESTORING, BUILDING, AND MANAGING AFFORDABLE HOUSING FOR PEOPLE OF MODEST MEANS. WE WORK TO ADVANCE VALUES THAT SANTA MONICA RESIDENTS SHARE AND TO ENRICH THE COMMUNITY FOR ALL. FORM 990, PART VI, SECTION A, LINE 8B BOARD COMMITTEES DO NOT DOCUMENT THEIR MEETINGS MINUTES SINCE THEY CAN'T ACT ON BEHALF OF THE GOVERNING BODIES. THE COMMITTEE WILL PRESENT THEIR REPORT OR RECOMMENDATION TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: CHIEF FINANCIAL OFFICER REVIEWS FORM 990 AND COMPARES WITH THE AUDITED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). FORM 990 IS THEN REVIEWED BY AUDIT COMMITTEE, WHO PRESENTS THEIR RECOMMENDATION TO THE BOARD OF DIRECTORS, AND THE BOARD VOTES TO ACCEPT THE TAX RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET BY THE BOARD OF DIRECTORS. THE BOARD SHALL PERIODICALLY REVIEW THE FAIRNESS OF COMPENSATION, INCLUDING BENEFITS, PAID TO EVERY PERSON, REGARDLESS OF TITLE, WITH POWERS, DUTIES, OR RESPONSIBILITIES COMPARABLE TO THE PRESIDENT, CHIEF EXECUTIVE OFFICER, TREASURER, OR CHIEF FINANCIAL OFFICER (I) ONCE SUCH PERSON IS HIRED, (II) UPON ANY EXTENSION OR RENEWAL OF SUCH PERSON'S TERM OF EMPLOYMENT, AND (III) WHEN SUCH PERSON'S COMPENSATION IS MODIFIED (UNLESS ALL EMPLOYEES ARE SUBJECT TO THE SAME GENERAL MODIFICATION OF COMPENSATION). FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS AND AUDIT COMMITTEE OVERSEE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. 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