2018-01-17T16:04:57-06:00 2017-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD STE 300 CARMEL IN 46032 990 2016-07-01 953795161 COMMUNITY CORPORATION OF SANTA MONICA COMM 3103948487 1423 SECOND STREET NO B SANTA MONICA CA 90401 TARA BARAUSKAS EXECUTIVE DIRECTOR 3103948487 2018-01-17 1 ELLEN WILDE P01254265 3178485700 2016 2022-09-23 18:48:47Z TARA BARAUSKAS 1423 SECOND STREET NO B SANTA MONICA CA 90401 13584888 0 X WWW.COMMUNITYCORP.ORG X 1982 CA SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT. 15 15 84 0 0 0 477249 91212 13148657 13142550 -5029 9497 883727 340253 14504604 13583512 3000 0 0 0 3483387 3531403 0 0 0 8065715 8913367 11552102 12444770 2952502 1138742 162506671 163723071 130678345 131330978 31828326 32392093 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 8685834 13400428 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. 8685834 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 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 1 0 0 0 1 30 0 1 84 1 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 1 1 CA X ROBERT J CONNELL 3103948487 1423 SECOND STREET SANTA MONICA CA 90401 PATRICIA HOFFMAN CHAIR 1.00 X 0 0 0 PAUL DESANTIS VICE CHAIR 1.00 X 0 0 0 DOUG WILLIS TREASURER 1.00 X 0 0 0 JOANNE LEAVITT SECRETARY 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 OSCAR DE LA TORRE FORMER BOARD MEMBER 1.00 X 0 0 0 CATHERINE ELDRIDGE FORMER 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 JOANNE YOKOTA BOARD MEMBER 1.00 X 0 0 0 NICK BHATT BOARD MEMBER 1.00 X 0 0 0 RALPH MECHUR BOARD MEMBER 1.00 X 0 0 0 TARA BARAUSKAS EXECUTIVE DIRECTOR 40.00 X 144192 0 0 ROBERT CONNELL CONTROLLER 40.00 X 125760 0 0 DURINDA ABRAHAM DIRECTOR OF PROPERTY MGMT 40.00 X 123109 0 0 MIGUEL CEBALLOS DIRECTOR OF MAINTENANCE 40.00 X 107865 0 0 500926 0 0 4 0 0 0 GONZALEZ CONSTRUCTION COMPANY 209 NORTH AVENUE 51 LOS ANGELES CA 90042 REHAB OF 2520 EUCLID & VIRGINIA-FRANK 700694 AMERICANTEAM CONTRACTORS 1223 WILSHIRE BLVD 582 SANTA MONICA CA 90403 GENERAL REPAIRS 345399 SPRINGLAND LANDSCAPES PO BOX 661067 LOS ANGELES CA 90066 LANDSCAPING 224716 LA FLOORING & WINDOW COVERINGS 1112 MONTANA AVE SANTA MONICA CA 90403 FLOORING REPLACEMENT 208191 OSMART GENERAL CONSTRUCTION 2909 E 1ST ST LOS ANGELES CA 90033 GENERAL REPAIRS 202876 11 91212 91212 RENTAL INCOME 531110 11766279 11766279 DEVELOPMENT FEES 531310 766562 766562 PROPERTY MANAGEMENT 531310 488246 488246 RESIDENT SERVICE FEES 531310 373117 373117 MAINTENANCE SERVICE FEES 531310 275551 275551 -527205 -527205 13142550 10873 10873 163675 0 163675 163675 163675 1376 -1376 -1376 -1376 MISC INCOME - UNION BANK 531110 95579 95579 OTHER REVENUE-MISC. 531110 80999 80999 176578 13583512 13400428 0 91872 78114 78114 3016667 637780 2378887 200168 200168 236454 236454 -364955 -364955 30478 30478 18582 18582 390254 63385 326869 78808 78808 550904 550904 5733712 5733712 27421 27421 54269 54269 2254337 2199755 54582 76070 76070 BAD DEBTS 73017 73017 ADMINISTRATIVE 12285 12285 SERVICE COORDINATOR CON -21815 -21815 12444770 8685834 3758936 0 21948331 19045019 1484188 1659282 55570 48298 158843223 31493597 127632866 127349626 9172018 14037495 192811 175124 2020887 1408227 162506671 163723071 684626 770794 31000 59817 128068480 127955004 1894239 2545363 130678345 131330978 X 31828326 32392093 31828326 32392093 162506671 163723071 X 1138742 -574975 X X 0 1 X 1 0 X 103000 106850 352012 477249 91212 1130323 12692952 13289575 13138258 13238757 13238128 65597670 12795952 13396425 13490270 13716006 13329340 66727993 0 0 0 66727993 22717 173208 187268 196845 174548 754586 22717 173208 187268 196845 174548 754586 13582 109238 612591 80999 816410 12818669 13583215 13786776 14525442 13584887 68298989 0.97700 0.98000 0.01100 0.00900 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 60157905 60157905 98037406 30941118 67096288 647912 552479 95433 127349626 INVESTMENT IN PARTNERSHIPS -747655 C OTHER RESERVES 9787564 C RESERVE FOR REPLACEMENTS 4997586 C 14037495 SECURITY DEPOSITS 678227 INTEREST ON LOANS/NOTES 1867136 2545363 X 14334777 751265 751265 13583512 0 13583512 12446146 1376 1376 12444770 0 12444770 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON FIXED ASSET DISPOSAL 1,376. INVESTMENT IN PARTNERSHIPS 749,889. PART XI, LINE 4B - OTHER ADJUSTMENTS: CCSM ESCO CONTRIBUTION REPORTED AS CHANGE IN NET ASSET ON AUDIT PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON FIXED ASSET DISPOSAL 1,376. 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 B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990: CONTROLLER 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 THE EXECUTIVE DIRECTOR AND THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE INFORMED OF THE AVAILABILITY OF THE 990. 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 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN ACCOUNTING PRINCIPLE - GAAP - INTEREST PAYABLE -574,975. 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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