2020-02-11T17:02:40-06:00 2019-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2018-07-01 953795161 COMMUNITY CORPORATION OF SANTA MONICA COMM 3103948487 1423 SECOND STREET NO B SANTA MONICA CA 90401 TARA BARAUSKAS EXECUTIVE DIRECTOR 3103948487 2020-02-11 1 ELLEN WILDE P01254265 3178485700 97.78.195.178 2020-02-11 17:02:35 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 125DEA11DCC04B0E938EF8855B02A9DBC05D4EBF 2018 2020-09-23 17:36:50Z TARA BARAUSKAS 1423 SECOND STREET NO B SANTA MONICA CA 90401 18977569 0 X WWW.COMMUNITYCORP.ORG X 1982 CA SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT. 16 16 114 0 0 0 92663 108687 12693673 15796306 2052 1510851 232248 189612 13020636 17605456 0 7536 0 0 3874383 4427864 0 0 0 9378073 9294147 13252456 13729547 -231820 3875909 173913593 197499983 141754117 161240040 32159476 36259943 COMMUNITY CORPORATION OF SANTA MONICA WAS FORMED 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. 0 0 8607198 7536 17192938 COMMUNITY CORPORATION OF SANTA MONICA WAS FORMED 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. 8607198 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 42 0 1 114 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 SANTA MONICA CA 90401 PATRICIA HOFFMAN CHAIR 1.00 X X 0 0 0 PAUL DESANTIS VICE CHAIR 1.00 X X 0 0 0 JOANNE LEAVITT SECRETARY 1.00 X X 0 0 0 JOANNE YOKOTA TREASURER 1.00 X 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 ROBERT GARDNER BOARD MEMBER 1.00 X 0 0 0 MAGGIE PHILLIPS BOARD MEMBER 1.00 X 0 0 0 MARIA RODRIGUEZ BOARD MEMBER 1.00 X 0 0 0 TED ROTH BOARD MEMBER 1.00 X 0 0 0 MICHAEL RUSSELL 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 RICHARD MOORE BOARD MEMBER 1.00 X 0 0 0 TARA BARAUSKAS EXECUTIVE DIRECTOR 40.00 X 178317 0 0 ROBERT CONNELL CHIEF FINANCIAL OFFICER 40.00 X 139567 0 0 JESUS HERNANDEZ DIRECTOR OF HOUSING DEVELO 40.00 X 145401 0 0 MIGUEL CEBALLOS DIRECTOR OF MAINTENANCE 40.00 X 124198 0 0 DURINDA ABRAHAM DIRECTOR OF PROPERTY MGMT 40.00 X 136796 0 0 MARTHA MARTINEZ HUMAN RESOURCES MANAGER 40.00 X 117049 0 0 LAURA KRUG CONTROLLER 40.00 X 112717 0 0 954045 0 0 7 0 1 0 OSMART GENERAL CONSTRUCTION INC PO BOX 6334 ALTADENA CA 91003 1423 OFFICE REMODEL - GENERAL CONTRACTOR 948604 AMERICANTEAM CONTRACTORS CO 1223 WILSHIRE BLVD 582 SANTA MONICA CA 90403 GENERAL REPAIRS 612509 GONZALEZ CONSTRUCTION COMPANY 207 NORTH AVENUE 51 LOS ANGELES CA 90042 GENERAL REPAIRS 485647 PROMISE ENERGY INC 4040 CIVIC CENTER DRIVE STE 200 SAN RAFAEL CA 94903 SOLAR PANELS 434761 NETWORK COMMUNICATION SOLUTIONS INC 7921 CANOGA AVE STE H CANOGA PARK CA 91304 IT CONSULTANT 412106 19 25200 15000 68487 108687 RENTAL INCOME 531110 12107394 12107394 DEVELOPMENT FEES 531310 1611699 1611699 FORGIVENESS OF DEBT 531310 1038880 1038880 PROPERTY MANAGEMENT 531310 502975 502975 RESIDENT SERVICE FEES 531310 428910 428910 106448 106448 15796306 306437 306437 192218 0 192218 192218 192218 2573421 1369007 1204414 1204414 1204414 0 25200 3106 -3106 -3106 OTHER REVENUE-MISC. 531110 500 500 500 17605456 17192938 0 303831 36 36 7500 7500 463285 463285 3245162 587453 2657709 427434 427434 291983 291983 -350500 -350500 80076 80076 17491 17491 444562 79294 365268 35629 35629 766233 766233 5547308 5547308 34632 34632 86029 86029 2469915 2367205 102710 139781 139781 BAD DEBTS 38443 38443 ADMINISTRATIVE 4589 4589 SERVICE COORDINATOR CON -20041 -20041 13729547 8607198 5122349 0 12661920 12976412 1713225 3308611 299223 265410 161617144 35576696 126282159 126040448 19467470 19742915 157618 140956 13331978 35025231 173913593 197499983 1410863 920384 53092 54058 137981451 157481632 2308711 2783966 141754117 161240040 X 32159476 36259943 32159476 36259943 173913593 197499983 3875909 224558 0 X X 0 1 X 1 0 X 352012 477249 91212 92663 108687 1121823 13138258 13238757 13238128 12718379 15796306 68129828 13490270 13716006 13329340 12811042 15904993 69251651 0 0 0 69251651 187268 196845 174548 217229 498655 1274545 187268 196845 174548 217229 498655 1274545 109238 612591 80999 27160 500 830488 13786776 14525442 13584887 13055431 16404148 71356684 0.97050 0.97380 0.01790 0.01380 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 59307034 59307034 101889806 35283996 66605810 420304 292700 127604 126040448 INVESTMENT IN PARTNERSHIPS -1184650 C OTHER RESERVES 10382957 C RESERVE FOR REPLACEMENTS 10544608 C 19742915 MISC OTHER ASSETS 9205 SECURITY DEPOSITS 11592 CONSTRUCTION IN PROGRESS 35004434 35025231 INTEREST ON LOANS/NOTES 1700964 SECURITY DEPOSITS 669677 DUE FROM CCSM 413325 2783966 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. TOAST TO AFFORDABLE HOUSING 25200 25200 714 796 1596 25200 25200 714 796 1596 3106 -3106 1 COMMUNITY SCHOLARSHIP AWARD 14 7500 X X 0 0 0 0 0 0 0 0 0 TARA BARAUSKAS EXECUTIVE DIRECTOR 168333 0 0 0 9984 0 0 0 0 0 178317 0 0 0 PART I, LINE 3 SALARY FOR TARA BARAUSKAS WAS UPDATED ON 02/01/2019 AFTER THE BOARD OF DIRECTORS' REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE. THE BOARD USED A SALARY SURVEY PREPARED BY AN INDEPENDENT THIRD PARTY CONSULTANT TO ARRIVE AT THE NEW SALARY AMOUNT. 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. FORM 990, SECTION 168 ELECTION: COMMUNITY CORP OF SANTA MONICA 1423 SECOND STREET B SANTA MONICA, CA 90401 SECTION 301.9100-7T(A)(1) ELECTION PURSUANT TO REGULATION SECTION 301.9100-7T(A)(1), CCSM VILLAGE, LLC, 1423 SECOND STREET SUITE B, SANTA MONICA, CA, 45-4910097, ELECTS UNDER IRC SECTION 168(H)(6)(F)(II) TO TREAT ANY INCOME OR GAIN TO BE RECOGNIZED BY ANY TAX EXEMPT SHAREHOLDER AS UNRELATED BUSINESS INCOME UNDER IRC SECTION 511 TO AVOID THE TREATMENT OF CCSM VILLAGE, LLC AS A TAX-EXEMPT ENTITY, AND ITS SHARE OF PROPERTY DEEMED OWNED, AS TAX-EXEMPT USE PROPERTY. THE 100% OWNERSHIP OF CCSM VILLAGE, LLC BY COMMUNITY CORPORATION OF SANTA MONICA QUALIFIES CCSM VILLAGE, LLC TO MAKE THE ELECTION. 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