2021-11-08T11:09:16-06:00 2020-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 21650 OXNARD STREET 12TH FLOOR WOODLAND HILLS CA 91367 990 2020-01-01 821521845 THE GELT FOUNDATION INC GELT 8189381687 18751 VENTURA BLVD 2ND FLOOR TARZANA CA 91356 KEITH WASSERMAN PRESIDENT 8189381687 2021-11-03 KEITH WASSERMAN XXX-XX-XXXX AARON LEVY P01244161 8187830570 2021-11-03 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RESIDENT RELIEF FOUNDATION KEITH WASSERMAN 18751 VENTURA BLVD 2ND FLOOR TARZANA CA 91356 603887 0 X RESIDENTRELIEFFOUNDATION.ORG X 2017 CA TO HELP RESPONSIBLE TENANTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY. 5 4 0 1 0 0 186301 603887 0 0 0 0 0 0 186301 603887 78176 148746 0 0 0 0 0 0 35375 18012 73062 96188 221808 90113 382079 173496 558864 0 0 173496 558864 X TO BE A TEMPORARY BRIDGE THAT HELPS RESIDENTS STAY IN THEIR APARTMENTS DURING AN UNEXPECTED FINANCIAL EMERGENCY THAT IS OUTSIDE OF THEIR CONTROL. WE PROVIDE QUALIFIED RESIDENTS HOUSING STABILITY BY PROVIDING RENTAL ASSISTANCE AND FINANCIAL EDUCATION DESIGNED TO HELP THEM BETTER MANAGE FINANCES GOING FORWARD. OUR GOAL IS TO HELP CLIENTS AVOID EVICTION AND/OR HOMELESSNESS AND TEACH THEM THE BASIC SKILLS IN FINANCIAL MANAGEMENT NOT TAUGHT IN OUR EDUCATION SYSTEM. 0 0 156648 148746 RENTAL ASSISTANCE IN THE FORM OF GRANTS TO THE PROPERTY/LANDLORD ON BEHALF OF INDIVIDUALS FACING EVICTIONS 156648 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 CA X X THE ORGANIZATION 8189381687 18751 VENTURA BLVD 2ND FLOOR TARZANA CA 91356 X KEITH WASSERMAN PRESIDENT 8.00 X X 0 0 0 THERESE OSWALD EXECUTIVE DIRECTOR 40.00 X X 0 0 0 ANDREW DAVIS TREASURER 2.00 X X 0 0 0 DAMIAN LANGERE DIRECTOR 8.00 X 0 0 0 MELISSA WASSERMAN DIRECTOR 8.00 X 0 0 0 0 0 0 0 0 0 0 0 10000 593887 603887 603887 0 0 0 X 127091 127091 21655 21655 2223 2223 2850 2850 20770 20770 35375 35375 4621 1313 3308 980 980 PROCESSING FEES 3148 3148 DUES & SUBSCRIPTIONS 3035 1218 1817 FILING FEES 60 60 221808 156648 29785 35375 173496 558864 173496 558864 0 0 X 0 0 0 0 173496 558864 173496 558864 173496 558864 382079 3289 0 X 0 0 0 X 70009 160938 186301 603887 1021135 70009 160938 186301 603887 1021135 266165 754970 1021135 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 AVANT AT CASTLE PINES 14 CORPORATE PLAZA DRIVE SUITE 210 NEWPORT BEACH CA 92660 852283226 9467 RENT ASSISTANCE MAA MILSTEAD 6815 POPLAR AVENUE SUITE 500 GERMANTOWN TN 38138 621543816 6160 RENT ASSISTANCE THE GIRARD AT CHERRY HILLS 1801 E GIRARD PL ENGLEWOOD CO 80113 465718234 5669 RENT ASSISTANCE 0 3 RENT ASSISTANCE 7 21655 PART I, LINE 2: IN ORDER TO BE ELIGIBLE FOR A GRANT FROM RESIDENT RELIEF FOUNDATION, THE APPLICANT MUST MEET CERTAIN CRITERIA AS SHOWN ON THE WEBSITE. THE FIRST CONSISTS OF CERTAIN RESIDENCY REQUIREMENTS INCLUDING LENGTH OF TENANCY, INTENT TO CONTINUE TO LEASE, LEASE VIOLATIONS AND NUMBER OF LATE PAYMENTS. IF AN APPLICANT MEETS THE RESIDENCY REQUIREMENTS, THEY THEN MUST PROVIDE DOCUMENTATION SHOWING THEIR GOOD FAITH ATTEMPTS TO RECOVER. IN OTHERWARDS, THEY ARE NOT SPENDING FRIVOLOUSLY WHILE NOT PAYING THEIR RENT. SITUATIONS INVOLVING DISQUALIFICATION AT THIS STAGE INCLUDE A PERSON WHO WAS A COMPULSIVE GAMBLER, SOMEONE WHO HAD JUST BOOKED A CRUISE, A PERSON WHO HAD JUST SPENT LARGE SUMS OF MONEY ON CONCERTS, CLOTHING AND AIRFARE, ETC. REQUIRED DUE DILIGENCE DOCUMENTS ARE: 1) LAST 2 PAYSTUBS OR BENEFIT STATEMENTS (IF ANY); 2) LAST 2 MONTHS' BANK STATEMENTS FOR ALL ACCOUNTS INCLUDING SAVINGS, CASH APP HISTORIES; PREVIOUS YEAR'S TAX RETURN OR W2; CREDIT REPORT AND OTHER SUPPORTING DOCUMENTATION AS NECESSARY (E.G. DEATH CERTIFICATE, POLICE REPORT, DISABILITY ORDERS, ETC.) THE APPLICANT MUST ALSO COMPLETE AN ONLINE FINANCIAL EDUCATION PROGRAM PROVIDED TO THEM AT OUR EXPENSE. INITIAL APPLICATIONS AND PROPERTY MANAGERS SUBMISSIONS ARE MADE ONLINE (OR IN THE RARE CIRCUMSTANCE, VIA FAX) AND INFORMATION THEREIN IS KEPT ON THE BACKEND OF THE WEBSITE'S PLATFORM (WORDPRESS). ONLY RRF STAFF AND WEB DEVELOPER HAS ACCESS TO THIS INFORMATION. DISQUALIFIED INDIVIDUALS APPLICATIONS ARE DELETED PERIODICALLY BUT NOT LESS THAN TWICE A YEAR. ONLY APPROVED APPLICANTS INFORMATION IS KEPT. ONCE PRELIMINARY RESIDENCY REQUIREMENTS ARE CONFIRMED (AS DESCRIBED ABOVE), APPLICANTS ARE SENT A SECURE UPLOAD LINK THAT CREATES A SECURE FOLDER ON DROPBOX FOR THEM TO PROVIDE THE REQUIRED DUE DILIGENCE DOCUMENTS. THAT FOLDER IS ONLY ACCESSIBLE TO RESIDENT RELIEF STAFF - THE APPLICANT ONLY HAS ACCESS TO UPLOAD DOCUMENTS, NOT REVIEW THEM AFTERWARDS. ONCE EVERYTHING IS RECEIVED AND THE FINANCIAL PROGRAM FINISHED, THE PACKAGE IS REVIEWED BY THE EXECUTIVE DIRECTOR FOR CONTENT AND QUESTIONS. IN EVERY CASE, A CALL IS SCHEDULED WITH THE APPLICANT TO GO OVER QUESTIONS AND MORE DETAIL AS NECESSARY. EVERY APPLICATION PACKAGE IS PRINTED OUT AND A CHECKLIST IS ATTACHED WITH NOTES FROM CALLS OR ADDITIONAL EMAIL INFORMATION RECEIVED FROM THE APPLICANT OR THE PROPERTY MANAGER. THE AMOUNT OF RENT OWING IS CONFIRMED BY OBTAINING A CURRENT LEDGER, LATE FEES ARE WAIVED WHENEVER POSSIBLE BY THE PROPERTY OR LANDLORD AND THE REQUEST IS WRITTEN UP IN AN EMAIL TO 3 MEMBERS OF THE BOARD (APPROVAL COMMITTEE) TO REVIEW, ASK QUESTIONS AND ULTIMATELY APPROVE OR DENY. ONCE APPROVED, THE LANDLORD IS NOTIFIED, PAYMENT INSTRUCTIONS CONFIRMED AND PAYMENT IS SENT DIRECTLY TO THE LANDLORD PER THE LEASE. THE APPLICANT IS ALSO NOTIFIED AND RECEIVES A GRANT CONFIRMATION VIA EMAIL. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR KEITH WASSERMAN IS THE BROTHER OF DIRECTOR MELISSA WASSERMAN. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ACCOUNTING PERSONNEL AND INDEPENDENT CPA REVIEW AND PREPARE DRAFT 990. EXECUTIVE DIRECTOR REVIEWS AND PROVIDES ADDITIONAL INFORMATION AS APPROPRIATE. THE PRESIDENT REVIEWS AND SIGNS THE FINAL 990. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH EACH OFFICER AND DIRECTOR. FORM 990, PART VI, SECTION C, LINE 18 AVAILABLE ON GUIDESTAR AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE ON GUIDESTAR AND UPON REQUEST. FORM 990, PART IX: THE OFFICERS OF THE GELT FOUNDATION, KEITH WASSERMAN AND DAMIAN LANGERE CONTRIBUTED $69,916 THROUGH THEIR FOR-PROFIT ORGANIZATION, GELT VENTURES, LLC TO COVER THE EXPENSES OF THE ORGANIZATION. THIS $69,916 COVERED ALL EXPENSES OF THE ORGANIZATION INCLUDING WEBSITE DEVELOPMENT, PROFESSIONAL FEES, AND TAXES, WITH THE SOLE EXCEPTION OF $3,146 IN DONATION PROCESSING FEES NOT COVERED BY DONORS. ALL OTHER CONTRIBUTIONS WERE USED FOR THE EXEMPT PURPOSE OF THE ORGANIZATION, ASSISTING RESPONSIBLE TENANTS STAY IN THEIR APARTMENTS.