2019-11-15T12:48:55-08:00 2018-12-31 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2018-01-01 237288650 AMERICAN GOLD STAR MANOR AMER 5624267651 3021 GOLD STAR DRIVE LONG BEACH CA 90810 TERRY GEILING President & CEO 2019-10-31 true CHERI L BOGGELN P00854324 7143747434 2018 2020-03-31 21:24:44Z 3021 GOLD STAR DRIVE LONG BEACH CA 90810 3120127 false false X WWW.GOLDSTARMANOR.ORG X 1973 CA TO PROVIDE LOW COST HOUSING FOR NEEDY AND DISTRESSED MEMBERS. 10 10 12 10 0 52500 1503 1365981 1698800 87524 1415528 2686 0 1508691 3115831 3225 0 1011391 1027164 0 0 187225 311003 1198616 1341392 310075 1774439 54461845 106762603 50253870 52012992 4207975 54749611 X TO PROVIDE LOW COST HOUSING FOR NEEDY AND DISTRESSED MEMBERS IN GOOD STANDING WITH AMERICAN GOLD STAR MOTHERS, INC., AND LOWER INCOME FAMILIES. THERE ARE 348 APARTMENT UNITS IN THE COMPLEX THAT HOUSES THESE FAMILIES. false false 737502 3225 1698800 TO PROVIDE LOW COST HOUSING FOR NEEDY AND DISTRESSED MEMBERS IN GOOD STANDING WITH AMERICAN GOLD STAR MOTHERS, INC., AND LOWER INCOME FAMILIES. SERVED 370 RESIDENTS WHO OCCUPY 312 APARTMENT UNITS. 737502 true false false false false false false false false true true false true true true true false true false false false false false false false false false false false true false false false false false false false false false false false false false false false true true true true false false true 5 0 true 12 true false false false false false false false false 0 false false false false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true false false CA X TERRY GEILING 5624267651 3021 GOLD STAR DRIVE LONG BEACH CA 90810 GAIL B SCHWANDNER Trustee 1.00 1.00 X 0 0 0 STEVEN KEESAL Treasurer 1.00 1.00 X X 0 0 0 NANCY KINDELAN SECRETARY 1.00 1.00 X X 0 0 0 Nicholas Sramek Trustee 1.00 1.00 X 0 0 0 DIANE JACOBUS CHAIR 1.00 1.00 X X 0 0 0 ROBERT LUSKIN Trustee 1.00 1.00 X 0 0 0 SUE POLLARD Trustee 1.00 0.00 X 0 0 0 JILL ROSENBERG VICE CHAIR 1.00 1.00 X X 0 0 0 JIM HANKLA Trustee 1.00 1.00 X 0 0 0 Mona Gunn Trustee 1.00 1.00 X 0 0 0 Becky Christmas Trustee 1.00 1.00 X 0 0 0 TERRY GEILING PRESIDENT/CEO 36.00 4.00 X 246398 0 44524 GLEN PATRICK COO 36.00 4.00 X 147727 0 45153 394125 89677 2 false true false 0 1503 1503 DEVELOPER FEE 531390 743750 743750 MANAGEMENT FEE 531390 202967 202967 misc income 531390 3999 3999 RENTAL INCOME 531110 205 205 SERVICES INCOME 531390 747879 747879 1698800 1414866 1414866 0 0 0 4958 4296 662 662 662 0 0 0 0 3115831 1698800 1415528 3225 3225 0 0 0 390444 243643 146801 0 421209 262838 158371 57921 36143 21778 106425 66410 40015 51165 31928 19237 0 77725 5708 72017 50793 3730 47063 0 0 0 71672 5263 66409 0 75 6 69 0 0 0 0 0 0 0 0 2207 2207 50381 40525 9856 RECREATION 28889 28889 INVESTMENT MNGT FEE 14150 14150 REPAIRS AND MAINTENANCE 6357 4095 2262 ASSOCIATIONS 3727 274 3453 5027 2618 2409 1341392 737502 603890 0 385 385 2140420 615511 0 530 23308 0 0 2082994 0 0 2006 27140 17077 7330 10063 4755247 4719780 0 51146467 0 45474939 50245083 54461845 106762603 114608 112796 50139262 51900196 50253870 52012992 X 4207975 54749611 4207975 54749611 54461845 106762603 X 1774439 -211116 48978313 X false true X true false X 1488944 745277 52500 1503 2288224 1772544 2610839 423546 1365981 1698880 7871790 0 0 0 3261488 3356116 423546 1418481 1700383 10160014 1488944 740277 52500 2281721 418546 1350894 1663444 3432884 1488944 740277 418546 1403394 1663444 5714605 4445409 863 1397 5433 87524 1414866 1510083 0 863 1397 5433 87524 1414866 1510083 0 2686 2686 3262351 3357513 428979 1508691 3115249 11672783 0.38080 0.51520 0.12940 0.01110 X 352590 -352590 352452 138 352590 351822 630 352452 351670 152 351822 350937 733 351670 1.00000 false false false 27140 17077 10063 10063 51146467 DEVELOPER FEE RECEIVABLE 1250000 DUE FROM ABODE DUE FROM AGSM RENOVATION, LP 48991252 DUE FROM HOME 3831 SECURITY DEPOSITS 50245083 due to home 753558 QUALIFIED NONRECOURSE DEBT FROM K-1 2660 RECOURSE DEBT FROM K-1 51143978 51900196 X Part V, Line 4: Intended uses of the endowment fund. A MEMORIAL ENDOWMENT FUND WAS ESTABLISHED FOR THE PURPOSE OF ENSURING THE CONTINUATION OF THE AMERICAN GOLD STAR MANOR; HOWEVER, AS OF dECEMBER 31, 2018, THE ENDOWMENT FUND WAS RECLASSIFIED TO BE A BOARD-DESIGNATED FUND FOR PURPOSES OF HEALTH, EDUCaTION AND WELFARE OF THE RESIDENTS OF THE PROJECT AND COULD BE CHANGED BY ACTION OF THE BOARD. LINE 1C REPRESENTS THE RECLASSIFICATION OF THE FUND. Part X : FIN48 Footnote AMERICAN GOLD STAR MANOR IS EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND 23701(D) OF THE REVENUE AND TAXATION CODE, RESPECTIVELY. THE PARTNERSHIP IS A PASSTHROUGH ENTITY FOR INCOME TAX PURPOSES AND ALL ITEMS OF INCOME AND LOSSES OF THE PARTNERSHIP ARE REPORTED BY THE PARTNERS ON THEIR RESPECTIVE INCOME TAX RETURNS. THE ORGANIZATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF TAX POSITIONS, SUCH AS ITS FILING STATUS AS TAXEXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS GENERALLY THREE TO FOUR YEARS. X X X X false false false false false false false true false false GLEN PATRICK COO 127727 20000 19500 25653 192880 TERRY GEILING PRESIDENT/CEO 196398 50000 29400 15124 290922 Part I, Line 7: Non-Fixed payments not listed above BONUSES ARE DETERMINED AT THE DISCRETION OF THE BOARD. IT IS BASED ON THE BOARDS DETERMINATION OF PERFORMANCE AS COMPARED TO THE INDIVIDUALS DUTIES AND RESPONSIBILITIES. Form 990, Part VI, Line 11b: Form 990 Review Process A COPY OF THE FORM 990 IS PRESENTED TO THE BOARD OF TRUSTEES AT A MONTHLY MEETING. THE FORM 990 IS REVIEWED AND APPROVED AT THE AFOREMENTIONED MEETING. PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE, A COPY OF THE FINAL RETURN IS FORWARDED TO THE ENTIRE BOARD OF TRUSTEES. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE ENTITY DISTRIBUTES AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE TO THE BOARD OF TRUSTEES. EACH TRUSTEE IS REQUIRED TO COMPLETE THE QUESTIONNAIRE TO DISCLOSE ANY CONFLICTS OF INTEREST THAT MAY HAVE ARISEN DURING THE YEAR. IF ANY NEW CONFLICTS ARISE, THE PRESIDENT/CEO AND THE BOARD WILL DISCUSS HOW TO PROCEED IN THE MOST ETHICAL AND FAIR MANNER. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management COMPENSATION FOR THE CEO & COO (WHO are NOT ON THE BOARD OF DIRECTORS) IS DETERMINED THROUGH THE USE OF A COMPENSATION SURVEY. THE BOARD OF DIRECTORS MUST APPROVE THE FINAL COMPENSATION, WHICH IS THEN MEMORIALIZED IN A WRITTEN EMPLOYMENT CONTRACT. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE DETERMINATION LETTER, FORM 1023 AND 990 ARE AVAILABLE FOR PUBLIC DISCLOSURE AT THE ENTITYS OFFICE BY VERBAL OR WRITTEN REQUEST Other Changes In Net Assets Or Fund Balances - Other Decreases BOOK/TAX DIFFERENCE FROM INVESTMENT IN PARTNERSHIPS = -$23 Other Changes In Net Assets Or Fund Balances - Other Increases RECLASSIFICATION OF DEFERRED REVENUE = $48978336 CHANGE IN FUND BALANCE THE TAX RETURN HAS BEEN PREPARED TO INCLUDE AMERICAN GOLD STAR MANOR ACTIVITIES PLUS THEIR INVESTMENT IN PARTNERSHIPS PER THEIR 2018 K-1S SO THAT THE PARTNERSHIP ACTIVITY CORRECTLY REFLECTS THE ORGANIZATION'S PERCENTAGE INTEREST IN THE PARTNERSHIPS. THE SCHEDULE K-1 ITEMS OF INCOME AND EXPENSE ARE ON A TAX BASIS, HOWEVER, THE K-1 CAPITAL ACCOUNTS ARE ON A GAAP BASIS. THERE IS AN ADJUSTMENT TO CORRECT FUND BALANCE DUE TO TAX AND GAAP DIFFERENCES FROM THE ORGANIZATION'S PARTNERSHIP INVESTMENTS AS FOLLOWS:BEGINNING FUND BALANCE $ 4,207,975.CURRENT YEAR NET INCOME 1,774,439.Net unrealized gains (losses) on investments -211,116.BOOK/TAX DIFFERENCE FROM INVESTMENT IN PARTNERSHIPS 23.RECLASSIFICATION OF DEFERRED REVENUE 48,978,336. ENDING FUND BALANCE $ 54,749,611. FORM 990, PART IX THE AMERICAN GOLD STAR HOME AND AMERICAN GOLD STAR MANOR SHARE COMMON OFFICES, EMPLOYEES, AND BOARD OF TRUSTEES. THE TOTAL COST OF SHARED EXPENSES IS ALLOCATED BETWEEN THE TWO ENTITIES. THE MANOR FURNISHES FACILITIES TO NEEDY AND DISTRESSED MEMBERS IN GOOD STANDING OF AMERICAN GOLD STAR MOTHERS, INC AND LOWER INCOME FAMILIES. FORM 990, PART V, LINE 1A, 1B, 1C, 2A, AND 2B THE AMERICAN GOLD STAR Home and AMERICAN GOLD STAR Manor file separate 1099 forms under their own federal EIN numbers. Under ADP total source, the W2's are filed under ADP's federal EIN number and under the Home's CA employer account with the FTB. MANOR RENOVATION GP LLC 3021 GOLD STAR DRIVE LONG BEACH CA 90810 811952597 rental real estate CA 203172 51146467 AMERICAN GOLD STAR MANOR THE AMERICAN GOLD STAR HOME 3021 GOLD STAR DRIVE LONG BEACH CA 90810 952073905 TO SUPPORT AGS MANOR AND AGS MOTHERs CA 501(C)(3) 509(A)(3), TYPE II AMERICAN GOLD STAR MANOR true AGSM RENOVATION LP 3021 GOLD STAR DRIVE LONG BEACH CA 90810 811952597 rental real estate CA Manor reno gp llc RELATED 202819 51146467 false true 0.00005 true false false true true false false false false false false true false true true false true false false THE AMERICAN GOLD STAR HOME e 753558 ACCRUAL THE AMERICAN GOLD STAR HOME o 120066 ACCRUAL