2023-10-16T10:09:10-05:00 2022-09-30 943108253 NOVOGRADAC & COMPANY LLP 1435 N MCDOWELL BLVD SUITE 350 PETALUMA CA 94954 990 2021-10-01 942631608 COMMUNITY HOUSING IMPROVEMENT SYSTEMS & PLANNING ASSOCIATION COMM 8317576251 295 MAIN STREET SUITE 100 SALINAS CA 93901 ANDREW SIMER CFO 8317576251 2023-10-16 1 ANDREW SIMER 999009999 LANCE SMITH P00696626 4152236130 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANDREW SIMER 295 MAIN STREET SUITE 100 SALINAS CA 93901 12794908 0 X WWW.CHISPAHOUSING.ORG X 1979 CA DEVELOPING AND OPERATING LOW-INCOME HOUSING PROJECTS 8 8 19 0 0 0 1248491 6229271 4043890 6266946 126954 116874 -7500 181817 5411835 12794908 705540 397058 0 0 1749231 1772358 0 0 173162 2395272 3728891 4850043 5898307 561792 6896601 43403631 55231693 14974088 24031104 28429543 31200589 DEVELOPING AND OPERATING LOW-INCOME HOUSING PROJECTS 0 0 5321310 397058 6448763 PLANNING, DEVELOPING AND OPERATING LOW-INCOME HOUSING PROJECTS. 5321310 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 54 0 19 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 8317576251 295 MAIN STREET SUITE 100 SALINAS CA 93901 PATTY PADILLA-SALSBERG CHAIR 2.00 X 0 0 0 PFIANNA CLINE VICE-CHAIR 2.00 X 0 0 0 ELSA MENDOZA JIMENEZ TREASURER 2.00 X 0 0 0 ADORACION DORIS LOPEZ SECRETARY 2.00 X 0 0 0 BERKLEY BRANNON BOARD MEMBER 2.00 X 0 0 0 JOSE A GARCIA BOARD MEMBER 2.00 X 0 0 0 SABINO LOPEZ BOARD MEMBER 2.00 X 0 0 0 HUGO ALAMEDA BOARD MEMBER 2.00 X 0 0 0 NORM KOLPIN PART-TIME INTERIM PRESIDENT/CEO 40.00 X 52215 0 6292 ALFRED DIAZ-INFANTE PRESIDENT/CEO 40.00 X 122520 0 0 ANDREW SIMER CFO 40.00 X 135312 0 0 DANA CLEARY DIRECTOR OF RE DEVELOPMENT 40.00 X 117329 0 25832 PAUL TRAN PROJECT MANAGER 40.00 X 114069 0 19843 541445 0 51967 4 0 0 0 THE PAUL DAVIS PARTNERSHIP LLP 286 EL DORADO MONTEREY CA 93940 ARCHITECT SERVICES 133351 SAN BENITO COUNTY COMMUNITY SERVICES 1101 SAN FELIPE ROAD HOLLISTER CA 95023 DEVELOPMENT SERVICES 131607 ALLA ZELTSER 100 BEACH VILLA LANE APTOS CA 95003 CEREMONIAL SERVICES 110000 2 45000 500000 5684271 6229271 RENTAL INCOME 532000 2930646 2930646 MANAGEMENT & CONSULTING 541610 2335599 2335599 INTEREST INCOME 900003 587748 587748 OTHER RENTAL INCOME 532000 412953 412953 6266946 116874 116874 181817 0 181817 181817 12794908 6448763 0 116874 X 209876 209876 187182 187182 196265 158974 23552 13739 1135089 919422 136211 79456 49635 40205 5956 3474 291329 235977 34959 20393 100040 81032 12005 7003 1590 1399 191 50400 50400 1088 881 131 76 115305 93397 13837 8071 149948 121458 17994 10496 1513 1513 341227 341227 469805 415144 54661 164843 164843 REPAIRS AND MAINTENANCE 817675 817675 UTILITIES 403788 403788 MISCELLANEOUS 339139 274702 40697 23740 MANAGEMENT UNIT 192610 192610 679960 660005 13241 6714 5898307 5321310 403835 173162 8642806 10678612 3055611 2439455 7029058 4421609 162085 11966 29631055 11163133 9754656 18467922 2629365 2340718 12021486 16662319 108564 209092 43403631 55231693 1291413 5822901 13567008 18009270 115667 198933 14974088 24031104 X 28429543 31200589 28429543 31200589 43403631 55231693 X 6896601 -3924286 -201269 X X 0 1 X 1 1 1 X 2991711 2382096 1609698 1248491 6229271 14461267 2991711 2382096 1609698 1248491 6229271 14461267 14461267 95181 184982 120078 126954 116874 644069 15105336 23086039 0.95740 0.93510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4620430 4620430 21722712 9279272 12443440 1647476 909542 737934 784600 783172 1428 855837 191147 664690 18467922 EQUITY INVESTMENTS -3884963 C NOTES RECEIVABLE FROM OPERATING PARTNERSHIPS 13370548 C INTEREST RECEIVABLE FROM OPERATING PARTNERSHIPS 1866698 C DUE FROM RELATED PARTIES 5310036 C 16662319 SECURITY DEPOSITS 198933 198933 X 25755777 3924286 9036583 12960869 12794908 0 12794908 23939821 18041514 18041514 5898307 0 5898307 PART X, LINE 2: CHISPA IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM CALIFORNIA INCOME AND FRANCHISE TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). INCOME TAXES ON PARTNERSHIP INCOME ARE LEVIED ON THE PARTNERS IN THEIR INDIVIDUAL CAPACITY. ACCORDINGLY, ALL PROFITS AND LOSSES OF THE OPERATING PARTNERSHIPS ARE RECOGNIZED BY EACH PARTNER ON ITS RESPECTIVE TAX RETURN. THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES CHISPA TO REPORT INFORMATION REGARDING ITS EXPENSES TO VARIOUS TAX POSITIONS TAKEN. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED ITS EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT CHISPA HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. CALIFORNIA TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS FOUR YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO CHISPA ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACTIVITY REPORTED ON SUBSIDIARY TAX RETURNS 1,747,079. REVENUES ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS 7,289,504. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTIVITY REPORTED ON SUBSIDIARY TAX RETURNS 10,242,035. EXPENSES ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS 7,799,479. 0 ALISAL COMMUNITY ARTS NETWORK 525 KENT ST SALINAS CA 93906 464761668 501(C)(3) 25295 0 FMV N/A GENERAL SUPPORTGENERAL SUPPORT ARTS COUNCIL FOR MONTEREY COUNTY 24600 SILVER CLOUD CT MONTEREY CA 93940 942805076 501(C)(3) 24750 0 FMV N/A GENERAL SUPPORT CENTRAL COAST VNA AND HOSPICE INC 5 LOWER RAGSDALE DR MONTEREY CA 93940 941205572 501(C)(3) 7133 0 FMW N/A GENERAL SUPPORT CENTRAL COAST YMCA 600 CAMINO EL ESTERO MONTEREY CA 93940 770202335 501(C)(3) 50086 0 FMV N/A GENERAL SUPPORT COMMUNITY ARTS NETWORK LLC 1548 DURAN ST SALINAS CA 93906 822279589 501(C)(3) 8200 0 FMV N/A GENERAL SUPPORT HARTNELL COLLEGE FOUNDATION 411 CENTRAL AVE SALINAS CA 93901 942781664 501(C)(3) 52995 0 FMV N/A GENERAL SUPPORT HHLP SANCTUARY LESSEE LLC 44 HERSHA DR HARRISBURG PA 17102 475265383 501(C)(3) 7249 0 FMV N/A GENERAL SUPPORT SOL TREASURES INC 519 BROADWAY KING CITY CA 93930 261764855 501(C)(3) 34168 0 FMV N/A GENERAL SUPPORT PAYMENTS FOR COMMUNITY SERVICES 15 187182 FMV SCHEDULE I - PART I, LINE 2 GRANT PROCEEDS ARE RECEIVED BY CHISPA AND DISTRIBUTED TO THE ORGANIZATIONS IN ACCORDANCE WITH THE GRANT AGREEEMENT. CHISPA'S CEO MEETS WITH THE ORGANIZATIONS AND THE GRANT MAKER REGULARLY TO MONITOR COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE ENCOURAGED TO RAISE ANY QUESTIONS REGARDING SPECIFIC ACTIVITIES OR QUESTIONS INVOLVING THIS POLICY WITH THEIR SUPERVISOR, DEPARTMENT MANAGER, OR THE DIRECTOR OF ADMINISTRATION BEFORE ENTERING INTO CONTRACTS OR AGREEMENTS THAT MAY VIOLATE CHISPA'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A SALARY SURVEY IS CONDUCTED EVERY 5 YEARS BY A THIRD PARTY. FORM 990, PART VI, SECTION C, LINE 19 CHISPA MAKES THE FORM 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL DOCUMENTS ARE AVAILABLE FOR REVIEW AT THE MAIN OFFICE LOCATED IN SALINAS, CA. FORM 990, PART IX, LINE 24E MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 181,252. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 181,252. GROUNDS CONTRACT AND MAINTENANCE: PROGRAM SERVICE EXPENSES 149,999. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 149,999. PROGRAM EXPENSES: PROGRAM SERVICE EXPENSES 101,287. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 101,287. CLEANING SERVICES: PROGRAM SERVICE EXPENSES 65,899. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 65,899. PROPERTY TAX: PROGRAM SERVICE EXPENSES 55,613. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,613. TELEPHONE: PROGRAM SERVICE EXPENSES 43,765. MANAGEMENT AND GENERAL EXPENSES 6,484. FUNDRAISING EXPENSES 3,782. TOTAL EXPENSES 54,031. PRINTING AND REPRODUCTION: PROGRAM SERVICE EXPENSES 15,130. MANAGEMENT AND GENERAL EXPENSES 3,026. FUNDRAISING EXPENSES 756. TOTAL EXPENSES 18,912. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 15,752. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,752. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 9,809. MANAGEMENT AND GENERAL EXPENSES 1,453. FUNDRAISING EXPENSES 848. TOTAL EXPENSES 12,110. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 8,300. MANAGEMENT AND GENERAL EXPENSES 1,230. FUNDRAISING EXPENSES 717. TOTAL EXPENSES 10,247. POSTAGE: PROGRAM SERVICE EXPENSES 7,076. MANAGEMENT AND GENERAL EXPENSES 1,048. FUNDRAISING EXPENSES 611. TOTAL EXPENSES 8,735. TRAINING: PROGRAM SERVICE EXPENSES 6,123. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,123. FORM 990, PART XI, LINE 9: CONSOLIDATION OF ACQUIRED PARTNERSHIP CAPITAL INTERESTS -201,269. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. 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