2019-07-02T17:06:19-05:00 2018-12-31 946214841 ARMANINO LLP 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2018-01-01 770158519 TERRACE GARDENS INC TERR 8314385725 186 BERESFORD COURT MILPITAS CA 95035 RICHARD RUTH PRESIDENT 8314385725 2019-06-20 1 LAWRENCE S KUECHLER P00233621 4082006400 2019-06-20 76.211.179.228 2019-06-20 17:17:01 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D7AEC5B6563F96246559594154CBB2712BF2E1B8 2018 2019-02-21 02:37:17Z RICHARD RUTH 186 BERESFORD COURT MILPITAS CA 95035 2227407 0 X N/A X 1986 CA THE DEVELOPMENT AND MANAGEMENT OF LOW AND MODERATE INCOME HOUSING IN THE STATE OF CALIFORNIA. 9 9 0 9 0 0 63465 31307 2031922 2171858 3536 24242 0 0 2098923 2227407 0 0 0 0 403307 420223 0 0 0 1661296 1695980 2064603 2116203 34320 111204 10280844 10352869 263562 224383 10017282 10128486 THE PUBLIC PURPOSES FOR WHICH THIS CORPORATION IS ORGANIZED INCLUDE THE DEVELOPMENT AND MANAGEMENT OF LOW AND MODERATE INCOME HOUSING IN THE STATE OF CALIFORNIA. 0 0 1562471 1644143 THE ORGANIZATION DEVELOPS AND MANAGES THE OPERATIONS OF A RESIDENTIAL COMPLEX WHICH CONSISTS OF 148 RENTAL UNITS, 3 GUEST ROOMS, AND 2 STAFF UNITS. THE COMPLEX IS LOCATED IN THE CITY OF MILPITAS AND DEDICATED TO THE NEEDS OF ELDERLY PERSONS. TOTAL OF 214 PEOPLE WERE SERVED DURING THE YEAR. 541587 527715 FOOD SERVICES ARE PROVIDED FOR THE WELL-BEING OF THE ELDERLY TENANTS, FOR THE NUMBER OF 214 PEOPLE. 2104058 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 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 0 0 0 0 0 1 12 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X JOHN STEWART COMPANY 8314385725 104 WHISPERING PINES DR SUITE 200 SCOTT VALLEY CA 95066 X RICHARD RUTH PRESIDENT 1.00 X X 0 0 0 DOLORES HOVEY VICE PRESIDENT 1.00 X X 0 0 0 NASIR LALANI SECRETARY/TREASURER 1.00 X X 0 0 0 THOMAS VALORE DIRECTOR 1.00 X 0 0 0 DEEPKA LALWANI DIRECTOR 1.00 X 0 0 0 JAMES NICHOLS DIRECTOR 1.00 X 0 0 0 JIL KAUFFMAN DIRECTOR 1.00 X 0 0 0 BOB NUNEZ DIRECTOR 1.00 X 0 0 0 JULIE EDMONDS-MARES DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 MORRISON COMMUNITY LIVING PO BOX 102289 ATLANTA GA 303682289 FOOD MANAGEMENT SERVICES 541919 THE JOHN STEWART COMPANY 104 WHISPERING PINES DRIVE STE 200 SCOTTS VALLEY CA 95066 PROPERTY MANAGEMENT SERVICES 530631 2 31307 31307 RENT INCOME 532000 1621145 1621145 FOOD SERVICES 531390 527715 527715 LAUNDRY & VENDING INCO 531390 8866 8866 OTHER TENANTS SERVICES 531390 8732 8732 TENANT GUEST RENT 531390 5400 5400 2171858 24242 24242 2227407 2171858 0 24242 340065 340065 3697 3697 45618 45618 30843 30843 65017 65017 15347 15347 26833 14688 12145 1480 1480 81370 81370 9484 9484 193084 193084 836 836 4304 4304 445407 445407 50535 50535 FOOD SERVICE COSTS 541587 541587 REPAIRS AND MAINTENANCE 253577 253577 ADMINISTRATIVE MISC EXP 7119 7119 2116203 2104058 12145 0 192949 110234 4716 129734 13200 11870 10035 1881 47818 49685 16484902 8791023 8054799 7693879 1957327 2355586 10280844 10352869 177192 135645 10763 14438 75607 74300 263562 224383 X 10016484 10127686 798 800 10017282 10128486 10280844 10352869 111204 0 X 0 1 X 1 0 X 239232 112713 65972 63465 31307 512689 1676272 1793138 1936062 2031922 2171858 9609252 1915504 1905851 2002034 2095387 2203165 10121941 0 0 0 10121941 4746 2914 3251 3536 24242 38689 4746 2914 3251 3536 24242 38689 4899 4899 1920250 1908765 2010184 2098923 2227407 10165529 0.99570 0.99780 0.00380 0.00170 X 1565277 1565277 14495381 8408978 6086403 65096 64882 214 359148 317163 41985 7693879 REPLACEMENT RESERVE 2262343 RESTRICTED CASH FOR CARILLON MAINTENANCE FUND 800 TENANTS SECURITY DEPOSITS 74300 CASH HELD FOR SURPLUS RESERVE 18143 2355586 TENANTS SECURITY DEPOSITS 74300 74300 X 2227407 0 2227407 0 2227407 2116203 0 2116203 0 2116203 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR THE TAX YEARS 2015 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE TAX YEARS 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION USED A MANAGEMENT COMPANY TO PERFORM ALL MANAGEMENT DUTIES AND UNDER THE DIRECT SUPERVISION OF THE BOARD OF DIRECTORS. SUCH MANAGEMENT DUTIES INCLUDE HIRING, FIRING, AND SUPERVISING, PLANNING OR EXECUTING BUDGETS OR FINANCIAL OPERATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT COMPANY RECEIVES A PDF COPY FROM THE 990 RETURN PREPARER, REVIEWS THE RETURN AND PROVIDES A COPY FOR APPROVAL AT THE BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FROM 990, PART VI, SECTION B, LINE 14: THE ORGANIZATAION ADOPTED THE WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY PROVIDED BY THE MANAGEMENT COMPANY.