2021-08-16T21:37:44-05:00 2020-09-30 943108253 NOVOGRADAC & COMPANY LLP 1435 N MCDOWELL BLVD SUITE 350 PETALUMA CA 94954 990 2019-10-01 942631608 COMMUNITY HOUSING IMPROVEMENT SYSTEMS & PLANNING ASSOCIATION COMM 8317576251 295 MAIN STREET SUITE 100 SALINAS CA 93901 ANDREW SIMER CFO 8317576251 2021-08-16 1 LANCE SMITH P00696626 4152236130 2019 2022-09-23 18:48:47Z ANDREW SIMER 295 MAIN STREET SUITE 100 SALINAS CA 93901 7647852 0 X WWW.CHISPAHOUSING.ORG X 1979 CA DEVELOPING AND OPERATING LOW-INCOME HOUSING PROJECTS 8 8 19 0 0 0 2382096 1549698 3231402 5967851 184982 120078 456707 10225 6255187 7647852 1385431 609471 0 0 1796348 1740348 0 0 152404 2227784 2159412 5409563 4509231 845624 3138621 38536593 41743437 13847339 14386354 24689254 27357083 DEVELOPING AND OPERATING LOW-INCOME HOUSING PROJECTS 0 0 4054051 609471 3678076 PLANNING, DEVELOPING AND OPERATING LOW-INCOME HOUSING PROJECTS. 4054051 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 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 31 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 MANUEL T GONZALEZ BOARD MEMBER 2.00 X 0 0 0 JESUS LOPEZ BOARD MEMBER 2.00 X 0 0 0 SABINO LOPEZ BOARD MEMBER 2.00 X 0 0 0 NORM KOLPIN CFO 40.00 X 140961 0 6660 ALFRED DIAZ-INFANTE PRESIDENT/CEO 40.00 X 173913 0 21759 DANA CLEARY DIRECTOR OF RE DEVELOPMENT 40.00 X 102002 0 19340 PAUL TRAN PROJECT MANAGER 40.00 X 113913 0 17671 530789 0 65430 4 0 1 0 FOUR SEASONS GARDENING 835 GREEN VALLEY ROAD WATSONVILLE CA 95076 GARDENING SERVICES 349754 THE PAUL DAVIS PARTNERSHIPLLP 286 EL DORADO MONTEREY CA 93940 ARCHITECT SERVICES 200724 2 1549698 1549698 DEVELOPER FEE 236000 2300000 2300000 RENTAL INCOME 532000 1682952 1682952 MANAGEMENT & CONSULTIN 541610 1454961 1454961 INTEREST INCOME 900099 412499 412499 OTHER RENTAL INCOME 532000 117439 117439 5967851 120078 120078 10225 0 10225 10225 7647852 5978076 0 120078 X 540266 540266 69205 69205 329797 267135 39576 23086 995491 806348 119459 69684 53064 42982 6368 3714 292726 237108 35127 20491 69270 56109 8312 4849 3052 2686 366 35000 35000 1060 859 127 74 106287 86093 12754 7440 139178 112735 16701 9742 1266 1266 227194 227194 301689 296730 4959 86908 86908 REPAIRS AND MAINTENANCE 308104 308104 UTILITIES 245833 245833 MANAGEMENT FEES 112840 112840 MANAGEMENT UNIT 100287 100287 490714 453363 24027 13324 4509231 4054051 302776 152404 9913156 9574608 1940182 4093658 3083860 3823272 182731 128694 19574718 9757551 9850072 9817167 1861174 2391522 11635541 11825044 69877 89472 38536593 41743437 886943 963608 12853131 13310685 107265 112061 13847339 14386354 X 24689254 27357083 24689254 27357083 38536593 41743437 3138621 -470792 0 X X 0 1 X 1 1 1 X 244781 701887 2991711 2382096 1549698 7870173 244781 701887 2991711 2382096 1549698 7870173 7870173 74689 93196 95181 184982 120078 568126 8438299 18684320 0.93270 0.92950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3147574 3147574 13934784 8116399 5818385 1177625 747273 430352 754603 721532 33071 560132 172347 387785 9817167 EQUITY INVESTMENTS -3087414 C NOTES RECEIVABLE FROM OPERATING PARTNERSHIPS 8943422 C INTEREST RECEIVABLE FROM OPERATING PARTNERSHIPS 2110094 C DUE FROM RELATED PARTIES 3858942 C 11825044 SECURITY DEPOSITS 112061 112061 X 18435988 -414850 11202986 10788136 7647852 0 7647852 20881295 16372064 16372064 4509231 0 4509231 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 18,454,303. REVENUES ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS -7,251,317. PART XII, LINE 2D - OTHER ADJUSTMENTS: ACTIVITY REPORTED ON SUBSIDIARY TAX RETURNS 21,567,699. EXPENSES ELIMINATED IN CONSOLIDATED FINANCIAL STATEMENTS -5,195,635. 0 SOL TREASURES INC 519 BROADWAY KING CITY CA 93930 261764855 501(C)(3) 26091 FMV N/A GENERAL SUPPORTGENERAL SUPPORT CASTROVILLE TEEN LEADERSHIP COUNCIL 8142 MOSS LANDING ROAD MOSS LANDING CA 95039 371738496 501(C)(3) 18603 FMV N/A GENERAL SUPPORT ALISAL CENTER FOR THE FINE ARTS 745 N SANBORN RD SALINAS CA 93905 770194560 501(C)(3) 8730 FMV N/A GENERAL SUPPORT CENTRAL COAST YMCA 500 LINCOLN AVENUE SALINAS CA 93901 770202335 501(C)(3) 28082 FMW N/A GENERAL SUPPORT SALINAS REGIONAL SPORTS AUTHORITY 1188 PADRE DR STE 101 SALINAS CA 93901 800291222 501(C)(3) 400000 FMV N/A GENERAL SUPPORT CATHOLIC CHARITIES 922 HILBY AVE STE C SEASIDE CA 93955 530196620 501(C)(3) 40000 FMV N/A GENERAL SUPPORT LOAVES FISHES & COMPUTERS INC 938 S MAIN ST SALINAS CA 93901 270187805 501(C)(3) 5719 FMV N/A GENERAL SUPPORT VNA COMMUNITY SERVICES INC 341 TRES PINOS RD 103A HOLLISTER CA 95023 020396549 501(C)(3) 13041 FMV N/A GENERAL SUPPORT PAYMENTS FOR COMMUNITY SERVICES 6 69205 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. X X X 0 0 0 0 0 0 0 0 0 ALFRED DIAZ-INFANTE PRESIDENT/CEO 173913 0 0 0 0 0 7600 0 14159 0 195672 0 0 0 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 GROUNDS CONTRACT AND MAINTENANCE: PROGRAM SERVICE EXPENSES 97,249. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 97,249. PROGRAM EXPENSES: PROGRAM SERVICE EXPENSES 89,332. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,332. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 48,404. MANAGEMENT AND GENERAL EXPENSES 7,171. FUNDRAISING EXPENSES 4,183. TOTAL EXPENSES 59,758. PROPERTY TAX: PROGRAM SERVICE EXPENSES 45,017. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 45,017. ANNUAL EVENT EXPENSES: PROGRAM SERVICE EXPENSES 35,011. MANAGEMENT AND GENERAL EXPENSES 5,187. FUNDRAISING EXPENSES 3,026. TOTAL EXPENSES 43,224. TELEPHONE: PROGRAM SERVICE EXPENSES 33,726. MANAGEMENT AND GENERAL EXPENSES 4,997. FUNDRAISING EXPENSES 2,915. TOTAL EXPENSES 41,638. DEVELOPMENT EXPENSES: PROGRAM SERVICE EXPENSES 26,057. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,057. CLEANING SERVICES: PROGRAM SERVICE EXPENSES 25,209. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,209. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 15,444. MANAGEMENT AND GENERAL EXPENSES 2,288. FUNDRAISING EXPENSES 1,335. TOTAL EXPENSES 19,067. PRINTING AND REPRODUCTION: PROGRAM SERVICE EXPENSES 10,386. MANAGEMENT AND GENERAL EXPENSES 2,077. FUNDRAISING EXPENSES 519. TOTAL EXPENSES 12,982. VEHICLE EXPENSES: PROGRAM SERVICE EXPENSES 7,181. MANAGEMENT AND GENERAL EXPENSES 1,064. FUNDRAISING EXPENSES 621. TOTAL EXPENSES 8,866. SUBSIDY PAYBACK: PROGRAM SERVICE EXPENSES 8,124. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,124. POSTAGE: PROGRAM SERVICE EXPENSES 5,644. MANAGEMENT AND GENERAL EXPENSES 836. FUNDRAISING EXPENSES 488. TOTAL EXPENSES 6,968. TRAINING: PROGRAM SERVICE EXPENSES 3,828. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,828. DISPOSAL: PROGRAM SERVICE EXPENSES 1,451. MANAGEMENT AND GENERAL EXPENSES 215. FUNDRAISING EXPENSES 125. TOTAL EXPENSES 1,791. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 1,300. MANAGEMENT AND GENERAL EXPENSES 192. FUNDRAISING EXPENSES 112. TOTAL EXPENSES 1,604. FORM 990, PART XII, LINE 2C: FORM 990, PART XI, 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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MANAGEMENT INC 295 MAIN STREET SUITE 100 SALINAS CA 93901 942892838 MANAGEMENT SERVICE TO LOW INCOME HOUSING PROJECTS CA C 1.00000 0 SPARK DEVELOPMENT 295 MAIN STREET SUITE 100 SALINAS CA 93901 770164502 DEVELOPER TO LOW INCOME HOUSING PROJECTS CA C 1.00000 0 CHISPA VINEYARD GP LLC 295 MAIN STREET SUITE 100 SALINAS CA 93901 943466618 GENERAL PARTNER TO LOW INCOME HOUSING PROJECTS CA C 1.00000 0 CHISPA LA GLORIA GP LLC 295 MAIN STREET SUITE 100 SALINAS CA 93901 010934632 GENERAL PARTNER TO LOW INCOME HOUSING PROJECTS CA C 1.00000 0 CHISPA SEA GARDEN GP LLC 295 MAIN STREET SUITE 100 SALINAS CA 93901 454150504 GENERAL PARTNER TO LOW INCOME HOUSING PROJECTS CA C 1.00000 0 CHISPA BV GP LLC 295 MAIN STREET SUITE 100 SALINAS CA 93901 474715988 GENERAL PARTNER TO LOW INCOME HOUSING PROJECTS CA C 1.00000 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 CHISPA PROVIDES VARIOUS LOANS TO ITS AFFILIATE ORGANIZATIONS D 9526372 CHISPA PROVIDES MANAGEMENT AND CONSULTING FEES TO ITS AFFILATE ORGANIZATIONS L 1454961 CHISPA RECEIVES REIMBUSEMENT FOR ADMINISTRATIVE SERVICES FROM AFFILIATED ORGANIZATIONS Q 203376