2022-11-15T15:53:11-06:00 2021-12-31 330850406 REDWITZ INC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 990 2021-01-01 330694603 THE CARITAS CORPORATION CARI 9497270568 3 PARK PLAZA 1700 IRVINE CA 92614 ROBERT R REDWITZ CHAIRMAN 9497531514 2022-11-15 1 ROBERT REDWITZ 999009999 ROBERT R REDWITZ CPA P01447663 9497531514 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z ROBERT R REDWITZ 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 21109394 0 X WWW.CARITASCORP.ORG X 1996 CA ASSIST LOCAL GOVERNMENTS BY PROVIDING AFFORDABLE HOUSING. 7 6 0 7 0 0 80905 76515 17570042 20719581 874353 21625 424603 291673 18949903 21109394 178930 193420 0 0 2820010 2829325 0 0 0 17250001 18259322 20248941 21282067 -1299038 -172673 155856161 218858497 165063060 228238069 -9206899 -9379572 X THE CARITAS CORPORATION IS A NONPROFIT ORGANIZATION WHOSE GOAL IS TO PROVIDE AND MAINTAIN QUALITY, AFFORDABLE HOUSING THROUGH THE ACQUISITION OF MOBILE HOME PARKS, ACQUISITION OF APARTMENT BUILDINGS AND THE DEVELOPMENT OF AFFORDABLE HOUSING COMMUNITIES . WITH THE INCREASING NUMBER OF HOUSEHOLDS ON FIXED OR LIMITED INCOMES AND WITH THE SCARCITY OF RELIABLE, LONG-TERM, REASONABLY PRICED HOUSING, CARITAS ENDEAVORS TO CREATE VIBRANT COMMUNITIES WHERE QUALITY OF LIFE, RESIDENT INVOLVEMENT, AND CARING ARE PRIORITIES. 0 0 19936020 193420 21011254 SUPPORT FOR THE PURPOSE OF SUPERVISING AND ASSISTING ONE AFFILIATED CORPORATION THAT OWNS AND MAINTAINS AFFORDABLE HOUSING PROJECTS (MOBILE HOME PARKS AND AN APARTMENT BUILDING). ADDITIONALLY, THE CARITAS CORPORATION'S EXEMPT PURPOSE ACHIEVEMENTS INCLUDE THE PURCHASE AND OPERATION OF SIXTEEN AFFORDABLE HOUSING PROJECTS LOCATED IN THE CALIFORNIA CITIES OF DANA POINT, FRESNO, GARDEN GROVE, LANCASTER, NEWCASTLE, OCEANO, PALMDALE, SAN MARCOS, VACAVILLE, SANTA MONICA, YUCAIPA, INDIO AND THERMAL, WHICH HAVE AN UNFULFILLED STATUTORY OBLIGATION TO PROVIDE AFFORDABLE HOUSING. THERE ARE A TOTAL OF 17 APARTMENTS AVAILABLE FOR RENT IN THE CITY OF DANA POINT AS SUPPORTIVE HOUSING FOR THE HOMELESS AND DISABLED, 233 MOBILE HOME SPACES IN THE CITY OF FRESNO, 254 MOBILE HOME SPACES IN THE CITY OF GARDEN GROVE, 308 SPACES IN THE CITY OF LANCASTER, 203 MOBILE HOME SPACES IN THE CITY OF NEWCASTLE, 120 MOBILE HOME SPACES IN THE CITY OF OCEANO, 298 MOBILE HOME SPACES IN THE CITY OF PALMDALE, 117 MOBILE HOME SPACES IN THE CITY OF PALO ALTO, 150 SPACES IN THE CITY OF SAN MARCOS, 153 MOBILE HOME SPACES IN THE CITY OF VACAVILLE, 105 MOBILE HOMES SPACES IN THE CITY OF SANTA MONICA, 217 MOBILE HOME SPACES IN THE CITY OF YUCAIPA, 185 MOBILE HOME SPACES IN THE CITY OF INDIO AND 35 MOBILE HOME SPACES IN THE CITY OF THERMAL. THERE ARE 7 AFFORDABLE HOUSING PROJECTS LOCATED IN OREGON CITIES OF HUBBARD, HAPPY VALLEY, AND WOODBURN. THERE ARE 121 MOBILE HOME SPACES IN THE CITY OF WOODBURN, 105 MOBILE HOME SPACES IN THE CITY OF HUBBARD, AND 68 MOBILE HOME SPACES IN THE CITY OF HAPPY VALLEY. THERE IS AN AFFORDABLE HOUSING APPARTMENT COMPLEX UNDER CONSTRUCTION IN NAPA, CALIFORNIA. 19936020 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 78 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CA X X JENNIFER RIVA CPA 9497270568 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 CAROL MCDERMOTT BOARD MEMBER 0.00 X 0 0 0 ROBERT THIERGARTNER BOARD MEMBER 0.00 X 0 0 0 TOM REDWITZ BOARD MEMBER 0.00 X 0 0 0 CHRISTINE DUNFEY BOARD MEMBER 0.00 X 0 0 0 CHARLES E PACKARD BOARD MEMBER 0.00 X 0 0 0 TIM CANNON BOARD MEMBER 0.00 X 0 0 0 ROBERT R REDWITZ CEO & CHAIRMAN OF BOARD 8.00 X X 0 0 0 THERESE BEJOTTE CHIEF OPERATING OFFICER 40.00 X 208246 0 1452 JOHN WOOLLEY CHIEF INVESTING OFFICER 40.00 X 175138 0 0 PENNY SERNA CHIEF FINANCIAL OFFICER 40.00 X 152698 0 1625 THOMAS MAURO CHIEF MISSION OFFICER 40.00 X 105598 0 1194 JENNIFER E RIVA VP OF FINANCE 2.00 X 0 0 0 641680 0 4271 4 0 1 0 C&D CONTRACTORS INC PO BOX 822 NEVADA CITY CA 95959 SEWER CONVERSION 1482558 REDWITZ INC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 CEO,CHAIRMAN OF BOARD,CFO,ACCT & TAX 778219 BIRTCHER ANDERSON REALTY MANAGEMENT 31920 DEL OBISPO ROAD 260 SAN JUAN CAPISTRANO CA 92675 PROPERTY MANAGEMENT 700714 MIDSTATE CONSTRUCTION 1180 HOLM RD PETALUMA CA 94954 APARTMENT CONSTRUCTION 331900 JB-TC VENTURES INC BOSTICK 2175 PFE ROAD SUITE C ROSEVILLE CA 95747 ASPHALT AND PAVING SERVICES 290247 10 76515 76515 RENTAL INCOME 531310 16193147 16193147 ANCILLARY FEES 531390 4526434 4526434 20719581 21625 21625 MANAGEMENT FEES 531310 233832 233832 OTHER INCOME 531310 56741 56741 GAIN ON DISPOSAL 531310 1100 1100 291673 21109394 21011254 0 21625 193420 193420 641681 641681 1457725 1147080 310645 467621 368611 99010 262298 189259 73039 700714 700714 97460 97460 547986 327279 220707 74704 44557 30147 67439 48524 18915 107447 75279 32168 13616511 13448037 168474 14064 3780 10284 10396 9690 706 2281456 2279823 1633 CONSULTING 197781 65781 132000 BOND SERVICE FEE 185407 5400 180007 LICENSES & FEES 152629 148107 4522 OUTSIDE SERVICES 117571 117571 87757 23967 63790 21282067 19936020 1346047 0 1830546 1654751 3327344 1834599 84119 351666 362116 105581 2200 15121 117357 294252 162248754 18585621 133769440 143663133 2703027 3652910 13660012 67286484 155856161 218858497 2869716 3211267 10887 0 148246359 210584870 5253164 6977723 8682934 7464209 165063060 228238069 X -9206899 -9379572 -9206899 -9379572 155856161 218858497 -172673 0 X 0 1 X 1 0 X 24526 4080719 202339 80905 76515 4465004 15880343 17708886 19147159 17994645 21011254 91742287 15904869 21789605 19349498 18075550 21087769 96207291 0 0 0 96207291 252357 872573 1045084 874353 21625 3065992 252357 872573 1045084 874353 21625 3065992 16157226 22662178 20394582 18949903 21109394 99273283 0.96910 0.96500 0.03090 0.03500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 98041375 98041375 61252267 16674055 44578212 947252 722290 224962 2007860 1189276 818584 143663133 CONSTRUCTION IN PROGRESS 3446304 DEPOSITS 23929 RESTRICTED CASH 63816251 67286484 SECURITY DEPOSITS 461080 DUE TO AFFILIATE 7003129 7464209 X PART X, LINE 2: THE FOLLOWING IS DISCLOSED IN THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE CORPORATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. 1 THE CARITAS FOUNDATION 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 474047515 501(C)(3) 170000 0 RENTAL ASSISTANCE AND EDUCATION PROGRAMS FOR UNDERSERVED COMMUNITIES SISTERS OF ST CLARE 10411 GARDEN GROVE BLVD 27 GARDEN GROVE CA 92843 553910871 501(C)(3) 20920 0 PROVIDING FUNDING FOR SISTER EYMARD 0 0 0 0 0 0 0 0 0 THERESE BEJOTTE CHIEF OPERATING OFFICER 208246 0 0 0 0 0 0 0 1452 0 209698 0 0 0 JOHN WOOLLEY CHIEF INVESTING OFFICER 175138 0 0 0 0 0 0 0 0 0 175138 0 0 0 PENNY SERNA CHIEF FINANCIAL OFFICER 152698 0 0 0 0 0 0 0 1625 0 154323 0 0 0 A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SAF1 2012-03-13 44287500 MOBILE HOME PARK PURCHASE 0 0 1 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SBZ6 2017-11-16 66383280 REFINANCE 0 0 1 C NATIONAL FINANCE AUTHORITY 521304598 63607YAK6 2020-12-03 37620000 MOBILE HOME PARK PURCHASE 0 0 1 D CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SDL5 2021-12-16 66934275 MOBILE HOME PARK PURCHASE AND REFINANCING 0 0 1 A 3580000 44287500 3243213 885750 40158537 2012 0 0 1 1 B 4055000 66383280 3414400 61013399 588940 1542432 2017 0 1 1 1 C 37112130 2466900 562234 34082997 2020 0 0 1 1 D 66934275 3332098 43386455 1717471 18498251 2021 1 0 1 1 A 0 0 0 0 1 0 0 B 0 0 0 0 1 0 0 C 0 0 0 0 1 0 0 A 0 0 0 1 0 0 NA 0 0 1 NATIXIS FUNDING CORP 20.000000000000 1 0 1 B 0 0 0 1 1 0 NA 0 0 0 NA 0 0 1 C 0 1 0 1 1 0 NA 0 0 0 NA 0 0 1 D 0 1 0 1 0 0 0 0 0 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/11/2019 ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2019 REDWITZ INC ACCOUNTING SERVICES PROVIDED BY REDWITZ 778219 ACCOUNTING AND MANAGEMENT SERVICES ARE PROVIDED BY REDWITZ INC. TWO OF THE OWNERS OF RRR ARE OFFICERS OF CARITAS; MR. ROBERT REDWITZ IS CEO/CHAIRMAN OF THE BOARD, AND MS. JENNIFER RIVA IS VP OF FINANCE. 0 THE GDR GROUP INC TECHNOLOGY SERVICES 65594 TECHNOLOGY SERVICES ARE PROVIDED TO CARITAS BY THE GDR GROUP, INC. ("GDR"). THE GDR GROUP, INC. IS A WHOLLY OWNED SUBSIDIARY OF REDWITZ, INC. 0 ROBERT R REDWITZ CEO/BOARD CHAIRMAN 0 IN ADDITION TO BEING CEO AND CHAIRMAN OF THE BOARD, MR. REDWITZ IS AN OWNER OF REDWITZ, INC., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 JENNIFER E RIVA VP OF FINANCE 0 MS. RIVA IS AN OWNER OF REDWITZ, INC., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 PARTNERS BANK BANKING SERVICES 700 BANKING FEES PAID BY CARITAS' MOBILE HOME PARKS; ONE OF THE SHAREHOLDERS OF PARTNERS BANK IS MR. ROBERT REDWITZ, THE CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 REDWITZ INC RENT 137520 RENT PAID BY CARITAS' MOBILE HOME PARKS; ONE OF THE SHAREHOLDERS OF REDWITZ, INC. IS MR. ROBERT REDWITZ, THE CEO/CHAIRMAN OF THE BOARD OF CARITAS. ONE OF THE SHAREHOLDERS OF REDWITZ, INC. IS AN OFFICER OF CARITAS; MS. JENNIFER RIVA IS VP OF FINANCE. 0 TRIDENT LTD SERVICES 18000 SERVICES PERTAINING TO NEWSLETTER AND MEDIA ARTICLE PREPARATION. THE OWNER OF TRIDENT LTD, DR. MICHAEL HARRIS, IS ONE OF THE FOUNDERS OF THE CARITAS CORPORATION. 0 BIRTCHER ANDERSON PROPERTY MANAGEMENT SERVICES 700714 BIRTCHER ANDERSON PROVIDES PROPERTY MANAGEMENT SERVICES; ONE OF THE OWNERS OF BIRTCHER ANDERSON, BOB THIERGARTNER, IS A BOARD MEMBER OF CARITAS. 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND TOM REDWITZ (BOARD MEMBER) ARE BROTHERS, BUT THEY DO NOT OTHERWISE TRANSACT BUSINESS TOGETHER. ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND JENNIFER E. RIVA (VP OF FINANCE) ARE BOTH OWNERS OF THE ACCOUNTING FIRM (REDWITZ, INC.) THAT MANAGES THE OPERATIONS AND FINANCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 BIRTCHER ANDERSON REALTY MANAGEMENT, INC. HAS TAKEN OVER THE RESPONSIBILITIES OF PROPERTY MANAGEMENT AS OF NOVEMBER 2009. ITS DUTIES INCLUDE MANAGING ON-SITE MOBILE HOME PARK EMPLOYEES, RESPONDING TO RESIDENT QUESTIONS/CONCERNS, MANAGING REPAIR AND MAINTENANCE PROJECTS, COLLECTION OF RENTS, RECORDING ACCOUNTING TRANSACTIONS, AND MONITORING COMPLIANCE WITH MOBILE HOME PARK RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT WAS PROVIDED BY EMAIL TO THE BOARD OF DIRECTORS FOR THEM TO REVIEW. ONCE THE BOARD HAD REVIEWED AND APPROVED THE FORM 990, A FINAL COPY WAS FILED WITH THE APPROPRIATE AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED AND MONITORED AT BOARD MEETINGS FORM 990, PART VI, SECTION B, LINE 15A DURING 2009, THE BOARD OF DIRECTORS INITIATED, IN COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, A FORMAL MARKET COMPETITIVE STUDY TO DETERMINE THE REASONABLE COMPENSATION FOR ITS OFFICERS WHO WERE ALSO DIRECTORS. THIS STUDY WAS DONE BY OUTSIDE LEGAL COUNSEL AND RESULTED IN A COMPREHENSIVE COMPENSATION AGREEMENT THAT WAS DEEMED INDEPENDENT, COMPETITIVE AND MARKET-DRIVEN BY THE INDEPENDENT DIRECTORS ON THE BOARD. THE COMPENSATION AGREEMENT WAS FORMALLY APPROVED AND EXECUTED BY THE INDEPENDENT DIRECTORS IN SEPTEMBER 2010 AND IS IN EFFECT UNTIL TERMINATED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AND ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC THERESE BEJOTTE - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. JOHN WOOLLEY - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. PENNY SERNA - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. THOMAS MAURO - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. CAROL MCDERMOTT - 26465 W. COVEY LN., BUCKEYE, AZ 85396. ROBERT THIERGARTNER - 1420 BRISTOL ST. NORTH #100, NEWPORT BEACH, CA 92660. TOM REDWITZ - 95 ENTERPRISE, SUITE 325, ALISO VIEJO, CA 92656. CHRISTINE DUNFEY - 3 PARK PLAZA, SUITE 750, LOS ANGELES, CA 90067. CHARLES E. PACKARD - 25 CENTAURUS, IRVINE, CA 92603. TIM CANNON - 1861 E. MIRALOMA AVE, PLACENTIA, CA 92870. ROBERT R. REDWITZ - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. JENNIFER E. RIVA - 1 ALMADEN BLVD #620, SAN JOSE, CA 95113. CARITAS ACQUISITIONS I LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 273196236 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS TOWNE & COUNTRY LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 474768248 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING DE THE CARITAS CORPORATION CARITAS RANCHO DEL ARROYO LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 474765077 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING DE THE CARITAS CORPORATION CARITAS ACQUISITIONS III LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 813473635 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS ACQUISITIONS IV LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 813599615 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS SILVER LANTERN LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 813642693 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS ACQUISITIONS V LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 824366905 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS ACQUISITIONS VI LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 832727707 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS ACQUISITIONS VII LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 852901928 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS ACQUISITIONS VIII LLC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 873018103 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA THE CARITAS CORPORATION CARITAS AFFORDABLE HOUSING INC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 330829212 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA 501(C)(3) SCH A, LINE 9 N/A 0 THE CARITAS FOUNDATION 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 474047515 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA 501(C)(3) SCH A, LINE 9 N/A 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 CARITAS AFFORDABLE HOUSING INC L 233832 ACTUAL CARITAS AFFORDABLE HOUSING INC Q 172619 ACTUAL THE CARITAS FOUNDATION C 76515 ACTUAL THE CARITAS FOUNDATION B 170000 ACTUAL CARITAS AFFORDABLE HOUSING INC R 890000 EXCESS CASH FLOWS PER INDENTURE