2019-11-13T11:34:34-06:00 2018-12-31 954345526 HOLTHOUSE CARLIN & VAN TRIGT LLP 350 W COLORADO BLVD 5TH FLOOR PASADENA CA 91105 990 2018-01-01 201892523 PATH VENTURES PATH 3236711300 340 N MADISON LOS ANGELES CA 90004 SANDY OLUWEK DIRECTOR 3236442270 2019-11-12 1 SARAH CULLEN P00131656 6262435100 207.114.128.226 2019-11-12 15:48:10 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 606507F2BCC71393997837D60E4BC397D791AA70 2018 2020-04-17 16:48:07Z SANDY OLUWEK 340 N MADISON LOS ANGELES CA 90004 5513419 0 X WWW.EPATH.ORG/SITE/PATHVENTURES/HOME2.HTML X 2004 CA TO IMPROVE INDIVIDUAL LIVES AND COMMUNITIES BY INCREASING QUALITY AFFORDABLE HOUSING. 17 17 35 60 0 0 964838 1798258 832202 3705661 4750 5557 -21088 -36326 1780702 5473150 0 0 0 0 908045 1998310 0 0 98094 485305 815288 1393350 2813598 387352 2659552 8139464 22515570 3864333 15586633 4275131 6928937 THE ORGANIZATION'S PURPOSE IS TO DEVELOP AFFORDABLE HOUSING, PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT, AND ENCOURAGE NEIGHBORHOOD REVITALIZATION FOR LOW INCOME FAMILIES AND INDIVIDUALS. 0 0 2260472 3705661 THE ORGANIZATION BUILDS AND OPERATES AFFORDABLE HOUSING AND PERMANENT SUPPORTIVE HOUSING FOR LOW INCOME AND HOMELESS SINGLE ADULTS, OLDER ADULTS, TRANSITION AGE YOUTH, AND FAMILIES WITH CHILDREN, MANY OF WHOM ARE STRUGGLING WITH MENTAL ILLNESS OR SUBSTANCE ABUSE. THE ORGANIZATION PROVIDES SUPPORTIVE SERVICES SUCH AS CASE MANAGEMENT, EMPLOYMENT ASSISTANCE, AND MENTAL HEALTH COUNSELING, TO HELP TENANTS RETAIN THEIR HOUSING. WHAT DISTINGUISHES THE ORGANIZATION IS ITS APPROACH TO MERGING REAL ESTATE DEVELOPMENT, COMMUNITY DEVELOPMENT, AND SUPPORTIVE SERVICES WITH THE HOMELESS POPULATION. 2260472 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 31 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X SANDY OLUWEK 3236442270 340 N MADISON LOS ANGELES CA 90004 BRIAN TUCKER CO-TREASURER 1.00 X X 0 0 0 HARRELD ADAMS BOARD MEMBER 1.00 X 0 0 0 DAVID ALDEN CO-PRESIDENT 1.00 X X 0 0 0 TERRY BIRD CO-PRESIDENT 1.00 X X 0 0 0 EILEEN DARDICK SECRETARY 1.00 X X 0 0 0 JULIE DOWNEY BOARD MEMBER 1.00 X 0 0 0 JULIE SUMMERS CO-RECORDING SECRETARY 1.00 X X 0 0 0 MICHAEL GOLDBERG BOARD MEMBER 1.00 X 0 0 0 SHANE GOLDSMITH CO-VICE PRESIDENT 1.00 X X 0 0 0 MARSHA JONES MOUTRIE CO-VICE PRESIDENT 1.00 X X 0 0 0 KAREN KURTZMAN CO-TREASURER 1.00 X X 0 0 0 JANE BLUMENFELD CO-RECORDING SECRETARY 1.00 X X 0 0 0 PERLA ESTON BOARD MEMBER 1.00 X 0 0 0 CON HOWE BOARD MEMBER 1.00 X 0 0 0 MARY KAISER BOARD MEMBER 1.00 X 0 0 0 LESLIE LAMBERT BOARD MEMBER 1.00 X 0 0 0 ELLEN NAGLER BOARD MEMBER 1.00 X 0 0 0 JOEL ROBERTS CHIEF EXECUTIVE OFFICER 4.00 40.00 X 0 209567 31803 AMY ANDERSON EXECUTIVE DIRECTOR 40.00 X 168547 0 17446 ALLISON RILEY MANAGING DIRECTOR REAL EST 40.00 X 129970 0 12381 298517 209567 61630 2 0 1 0 THE FAMILY COMMONS AT CABRILLO LP 1000 CORPORATE POINTE SUITE 200 CULVER CITY CA 90230 RENT 311692 JESS VENTURES 3268 GOVERNOR DR 264 SAN DIEGO CA 92122 PROJECT MANAGER 162103 2 139766 1371772 286720 1798258 DEVELOPER FEES 900099 2909196 2909196 SUPPORTIVE SERVICES 900099 622814 622814 PARTNERSHIP MANAGEMENT 900099 94701 94701 OTHER INCOME 900099 78950 78950 3705661 9500 9500 3943 -3943 -3943 -3943 0 139766 36326 -36326 -36326 5473150 3705661 0 -30769 166518 28081 130143 8294 1293704 1094456 130544 68704 43285 36360 5232 1693 201084 168916 24305 7863 293719 246732 35502 11485 66897 37391 29506 29837 19179 10658 38358 24656 13702 8133 5585 2527 21 3233 3168 65 74072 72592 1480 55371 55371 20809 20393 416 27299 27299 12611 8554 4023 34 RENT ASSISTANCE - CLIEN 238910 238910 PROGRAM/DEVELOPMENT EXP 211419 144522 66897 CLIENT ASSISTANCE 26762 26762 MEMBERSHIP DUES 1577 1545 32 2813598 2260472 455032 98094 681039 958530 2985 5694 1208254 3403225 2850000 3790000 18764 341790 10966667 0 229820 10966667 2668311 2676270 480291 373394 8139464 22515570 783942 352016 10308469 3080171 4926148 220 0 3864333 15586633 X 4275131 6928937 4275131 6928937 8139464 22515570 2659552 -5746 0 X X 0 1 X 1 0 X 2197538 1487189 1413200 964838 1798258 7861023 2197538 1487189 1413200 964838 1798258 7861023 7861023 16270 31653 25668 4750 5557 83898 49695 42099 89553 26129 78950 286426 8231347 0.95500 0.95720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7800000 7800000 3166667 3166667 10966667 INVESTMENT IN PARTNERSHIPS 2676270 C 2676270 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON TECHNICAL MERITS OF THE POSITION. TO DATE, THE ORGANIZATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED DECEMBER 31, 2018, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITION. JAZZ EVENT 139766 139766 36326 139766 139766 36326 36326 -36326 X X 0 0 0 0 0 0 0 0 0 JOEL ROBERTS CHIEF EXECUTIVE OFFICER 0 209567 0 0 0 0 0 0 0 31803 0 241370 0 0 AMY ANDERSON EXECUTIVE DIRECTOR 168547 0 0 0 0 0 0 0 17446 0 185993 0 0 0 ALLISON RILEY MANAGING DIRECTOR REAL EST 129970 0 0 0 0 0 0 0 12381 0 142351 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAVE ASSIGNED THE AUDIT COMMITTEE THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FORM 990 BEFORE SUBMISSION. THE CHAIR OF THE AUDIT COMMITTEE WAS PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION PRESENTS THE CONFLICT OF INTEREST POLICY TO EMPLOYEES UPON HIRE. EMPLOYEES CERTIFY TO THE POLICY AT THAT TIME. BOARD MEMBERS ANNUALLY CERTIFY IN WRITING AS TO THEIR UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS FOR CEO COMPENSATION. THE EXECUTIVE DIRECTOR'S AND EXECUTIVE TEAM'S SALARIES ARE DETERMINED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. 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