2020-06-09T15:51:42-05:00 2019-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2018-07-01 820212806 Delta Properties Inc DELT 3235651600 1149 S Hill St No 600 Los Angeles CA 90015 JOHN BUCK President 3235651600 2020-05-07 1 Kim Hunwardsen CPA P00484560 6122536500 2020-05-01 63.233.88.226 2020-05-07 08:36:13 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 910E667CAF9535F6E07908141D928A1E2DABEDFE 2018 2020-11-19 02:30:22Z John Buck 1149 S Hill St No 600 Los Angeles CA 90015 10724361 0 X N/A X 2007 CA To support Green Dot Public Schools California. 3 3 0 3 0 0 0 0 3581976 9554136 74954 599983 752031 570242 4408961 10724361 0 0 0 0 0 0 0 0 0 4761307 7390069 4761307 7390069 -352346 3334292 65514256 108014480 61787739 100953671 3726517 7060809 X (See Schedule O)Delta Properties, Inc. (Delta) was formed in 2007 as a nonprofit benefit corporation to support Green Dot Public Schools California (GDPS CA) together with Delta's subsidaries, 810 E. 111th LLC, Manchester & 27th LLC, 1655 27th Street Facilities LLC, 8255 Beach LLC, 111th Place LLC, 12628 S. Avalon LLC, 12700 S. Avalon LLC, 11044 S. Freeman LLC and 8205 Beach LLC. 0 0 6901416 10124378 Delta Properties, Inc. supports Green Dot Public Schools California in financing, development, leasing and maintenance of certain school facilities. 6901416 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X X Brenda Breen 3235651600 1149 S Hill Street Suite 600 Los Angeles CA 90015 X John Buck President 1.00 X X 0 0 0 Peter Kyriacou Secretary 1.00 X X 0 0 0 Antonio Gonzalez Treasurer 1.00 X X 0 0 0 0 0 0 0 0 0 0 Delta Financial Associates Inc 2605 Oak Ave Manhattan Beach CA 90266 Project Manager Fee 190827 Buck Financial 5150 Olive Court Greenwood Village CO 80121 Financial Advisor Fee & Expense 182500 Green Dot Public Schools National 1149 S Hill St Ste 600 Los Angeles CA 90015 Shared Service Fees 150000 Quarles & Brady 300 N LaSalle St Ste 400 Chicago IL 60654 Underwriter's Counsel Fee 141596 Orrick Herrington & Sutcliffe LLP 51 West 52nd Street New York NY 10019 Bond Counsel Fee & Expenses 126499 5 Debt Cancellation 611710 4869796 4869796 Rental Income 611710 4496484 4496484 Contract Fee Income 611710 187856 187856 9554136 599983 599983 Insurance Claim 900099 570242 570242 570242 10724361 10124378 0 599983 20998 20998 7025 7025 45445 45445 25999 25999 4726207 4726207 2242988 1977803 265185 Property Taxes 171407 171407 Shared Services 150000 150000 7390069 6901416 488653 0 350242 590035 8004539 23592728 505671 991205 1886667 4760475 46172 86446421 12299296 52241838 74147125 0 2525299 3886740 65514256 108014480 1124010 2054263 347303 183756 38437531 98140256 21446516 432379 575396 61787739 100953671 X 3726517 7060809 3726517 7060809 65514256 108014480 3334292 0 X 0 1 X 1 0 X X 1 Green Dot Public Schools California 954679811 2 1 0 6907604 1 0 6907604 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 21500881 21500881 57456433 11863218 45593215 436078 436078 0 7053029 7053029 74147125 Accounts Payable - Related Organizations 575396 575396 X 10724361 0 10724361 0 10724361 7390069 0 7390069 0 7390069 Part X, Line 2: Delta is a nonprofit public benefit corporation that is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and classified by the Internal Revenue Service as other than a private foundation and qualifies for deductible contributions as a public charity described in Section 509(a)(3) Type I Supporting Organizations and is exempt from State franchise and income taxes under Section 23701(d) of the California Revenue and Taxation Code. Subsidiaries 8255 Beach LLC and 12628 S. Avalon LLC qualify for exemption from the California state LLC fee under California Revenue and Taxation Code Section 23701(x). Subsidiaries Manchester & 27th LLC, 1655 27th Street Facilities LLC, 8205 Beach LLC, 111th Place LLC, 810 E. 111th LLC, 12700 S. Avalon LLC and 11044 S. Freeman LLC qualify for exemption from the California state LLC fee under California Revenue and Taxation Code Section 23701(h). Accordingly, no provision for income taxes has been made. Delta files informational returns in the U.S. Federal jurisdiction, and the State of California. The statute of limitations for Federal and California State purposes is generally three and four years, respectively. Delta has adopted Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 740 that clarifies the accounting for uncertainty in tax positions taken or expected to be taken on a tax return and provides that the tax effects from an uncertain tax position can be recognized in the financial statements only if, based on its merits, the position is more likely than not to be sustained on audit by the taxing authorities. Delta management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. A California Statewide Communities Development Authority 680164610 130790AN8 2011-07-20 7630000 Facility Acquisition to Construct and Equip and refund debt issued 11/22/04. 0 0 0 B California School Finance Authority 680280917 13059TCD9 2015-09-29 27450882 Construction of new facilities and refinance NMTC loans issued. 0 0 0 C California School Finance Authority 680280917 13059TFH7 2018-10-11 59897263 Acquire and expand educational facilities and refinance NMTC loans issued. 0 0 0 A 7630000 629475 152600 1093753 5754172 2011 1 0 1 1 B 27450882 1737588 548018 4502365 20662911 2016 1 1 0 1 C 59897263 3672340 1188882 31780663 23255378 0 1 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 0 0 A 0 B 0 C 0 Date Rebate Computation Performed Issuer Name: California Statewide Communities Development Authority Date the Rebate Computation was Performed: 06/30/2016 Buck Financial Entity More than 35% owned by John Buck, President 182500 Consulting Services 0 Form 990, Part VI, Section A, line 6 GDPS CA is the sole corporate member of Delta Properties, Inc. Form 990, Part VI, Section A, line 7a GDPS CA, the sole corporate member of Delta Properties, Inc., appoints all members of the governing body. Form 990, Part VI, Section A, line 7b The Membership has the following voting rights: Election of the directors of the Board, diposition of all or substantially all of the corporation's assets, merger and its principal terms and any amendments to those terms, and any election to dissolve the corporation. Form 990, Part VI, Section A, line 8b There are no committees with broad authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Audit Committee reviews and approves the Form 990. A copy of the Form 990 is provided to the Board of Directors for review and approval prior to filing. Form 990, Part VI, Section B, line 12c All officers and directors of the organization are required to disclose conflicts of interest should they arise. Any officer or director with a conflict of interest is required to recuse themselves from voting on issues for which a conflict of interest exists. Form 990, Part VI, Section B, line 15 No officers or employees are compensated by Delta Properties, Inc. The Organization shares employees with Green Dot Public Schools National and reimburses Green Dot Public Schools National for employee services provided. Form 990, Part VI, Section C, line 19 Required documents are available on the organization's website and at the business address during normal business hours upon request. 111th Place LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA -92420 14024039 Delta Properties Inc 8255 Beach LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA -632767 10521609 Delta Properties Inc 12628 S Avalon LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA -646767 9588082 Delta Properties Inc Manchester & 27th LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA -54207 6711156 Delta Properties Inc 1655 27th Street Facilties LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA 4575823 21510482 Delta Properties Inc 810 E 111th LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA 820272 11165843 Delta Properties Inc 8205 Beach LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA -514483 19992331 Delta Properties Inc 12700 S Avalon LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA -123122 9580109 Delta Properties Inc 11044 S Freeman LLC 1149 S Hill Street Suite 600 Los Angeles CA 90015 820212806 Educational Facilities CA 4605 4880685 Delta Properties Inc Green Dot Public Schools California 1149 S Hill St Suite 600 Los Angeles CA 90015 954679811 Educational Services CA 501(c)(3) Line 2 Green Dot Public Schools National 0 Green Dot Public Schools National 1149 S Hill St Suite 600 Los Angeles CA 90015 465740783 Educational Services CA 501(c)(3) Line 10 N/A 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 1 1 1 0 0