2018-11-12T11:01:52-08:00 2017-12-31 813709413 HOFFMAN SHORT RUBIN DEWINTER SANDERSON 1037 PARK VIEW DR COVINA CA 917243750 990 2017-01-01 954313200 DEEP GREEN HOUSING & COMMUNITY DEVELOPMENT DEEP 2132512111 400 WEST 9TH STREET LOS ANGELES CA 90015 ZOE ELLAS Executive Director 2018-11-12 true Aneela DeWinter P00116940 6269320100 2017 2019-02-21 02:37:17Z 1337274 false false X N/A X 1990 CA THE ORGANIZATION DEVELOPS, OWNS AND OPERATES HOUSING FOR FAMILIES WITH LOW AND VERY LOW INCOME. IT IS ALSO A SINGLE MEMBER IN MASON COURT, LLC, RESULTS OF ITS OPERATION IS INCLUDED AS NET IN PART VIII - STMT OF REVENUE. 7 6 2 0 0 2943011 1337235 64 39 0 2943075 1337274 0 0 147023 149448 0 0 2929929 1483221 3076952 1632669 -133877 -295395 82243136 44992255 48649232 28110406 33593904 16881849 THE ORGANIZATION DEVELOPS, OWNS AND OPERATES HOUSING FOR FAMILIES WITH LOW AND VERY LOW INCOME. false false 1622294 DEVELOPING, OWNING AND OPERATING LOW INCOME HOUSING PROJECTS FOR TENANTS WHO ARE LIVING AT LOW OR VERY LOW INCOME LEVELS, WHICH IS AN INTEGRAL PART OF DEEP GREEN HOUSING AND COMMUNITY DEVELOPMENT'S PROGRAMS. 1622294 true false false true false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true true false false false true 0 0 false 2 true false false false false false false false false 0 false false false false false false false false false false X 7 6 false false false false false false false true false false false true true true true true false false false false CA X ZOE ELLAS 2132512111 400 WEST 9TH STREET 100 LOS ANGELES CA 90015 CLINTON ROSEMUND Director 1.00 0.00 X 0 0 0 ADRIAN P CUNJE Director 1.00 0.00 X 0 0 0 SHEILA GRISHAM Director 1.00 0.00 X 0 0 0 MONICA VILLACORTA Director 1.00 0.00 X 0 0 0 JOANNE YOKOTA President 2.00 0.00 X 0 0 0 SYLVIA RUIZ SEC, TREAS 2.00 0.00 X 0 0 0 ZOE ELLAS Executive Dir. 40.00 0.00 X 85000 0 0 85000 0 false false false 0 0 INT. INC. NOTE REC PART. 2216564 2216564 MANGEMENT FEES 98088 98088 OTHER REVENUE 62940 62940 PARTNERSHIP FEES 143330 143330 RESIDENT SERVICE FEES 54000 54000 -1237687 -1237687 1337235 39 39 0 0 0 0 0 0 0 0 1337274 1337274 0 0 0 0 85000 76500 8500 0 53200 53200 0 0 11248 10598 650 0 500 500 12250 11025 1225 0 0 0 5099 5099 0 4387 4387 0 0 0 734 734 0 0 1289067 1289067 0 154784 154784 8401 8401 EQUIPMENT RENTAL AND MAINTENAN 3691 3691 TELEPHONE 2758 2758 TAX & LICENSE 1050 1050 DUES AND SUBSCRIPTION 500 500 0 1632669 1622294 10375 0 165971 207322 46533 53748 0 38639 42715 0 0 42096303 21385237 0 0 4916489 940194 4131079 3976295 0 0 0 0 35764611 19326938 82243136 44992255 29106 96897 434 40830190 22166190 7789936 5846885 48649232 28110406 X 33593904 16881849 33593904 16881849 82243136 44992255 X -295395 -16416660 X false true X true false X 0 348674 690463 2589677 2943011 1337235 7909060 0 0 0 348674 690463 2589677 2943011 1337235 7909060 0 0 7909060 15 311 14 64 39 443 0 15 311 14 64 39 443 0 0 348689 690774 2589691 2943075 1337274 7909503 0.99990 0.99990 0.00010 0.00010 X false false false false false false false false true false false false false 641537 641537 4256996 922238 3334758 15217 15217 2739 2739 3976295 DUE FROM AFFILATE 619993 INVEST IN LOW INCOME HSG PARTNERSHIP 18706945 19326938 ACCRUED CONSTRUCTION COSTS 33443 ACCRUED INTEREST PAYABLE 5197108 DUE TO AFFILIATES 320107 LINE OF CREDIT 128846 NOTE PAYABLE - BEYOND SHELTER 144246 NOTE PAYABLE - LINKAGE 7598 TENANT SECURITY DEPOSIT 15537 5846885 Client Note 1 Client Note 1 - DEEP GREEN HOUSING & COMMUNITY DEVELOPMENTFEIN 95-4313200FORM 990 - BALANCE SHEET PART X - LINE (7) Beginning End of year of yearNotes and Loans receivable consists of the following:$1,476,137 nonrecourse note receivable from Main StreetHousing, LP, dated April 1, 1998; consisting of $1,175,137 at 5.0% interest per annum; and $301,000 at 6.73% interest per annum; maturing Augsut 8, 2037. $ 1,476,137 $ 1,476,1377% nonrecourse note receivable from AHLC South Gate, LP,dated May 31, 2014; maturing May 1,2017. 7,499,000 -7% nonrecourse note receivable from AHLC Hawthrone, LP,dated January 1,2015; maturing January 1, 2018. 7,499,000 - 7% nonrecourse note receivable from South Shore Construction,Inc., dated January 1,2015; maturing January 1, 2018. 5,499,000 -7% nonrecourse note receivable from Gilroy AffordableBuilders and Investors, Inc., dated January 1,2015; maturing May 1, 2018. 13,999,000 13,999,0005% nonrecourse note receivable from Wasilla PacificAssociates (Vista Rose Phase I), dated May 1, 2016; maturing May 1, 2046. 1,323,000 1,323,0005% nonrecourse note receivable from Wasilla PacificAssociates (Vista Rose Phase I), dated May 1, 2016; maturing May 1, 2046. 510,000 510,000TOTAL NOTES RECEIVABLE 37,805,137 37,805,137Accrued Interest 6,124,703 4,077,100TOTAL NOTES AND LOANS RECEIVABLE $43,929,840 $21,385,237 Client Note 2 Client Note 2 - DEEP GREEN HOUSING & COMMUNITY DEVELOPMENTFEIN 95-4313200FORM 990 / SCHEDULE D PART IX - LINE (2) Beginning End of year of yearInvestment in Low Income Housing consists of the following:Coronado Place Associates, LP $ 240,748 $ 241,703671 Coronado Street, LP 28,246 28,203Main Street Housing, LP (19,830) (19,838) Casa Carondelet, LP (7,278) (7,628) San Anotnio Gardens, LP (495) (499)El Centro Senior Villas, LP 347,992 4,287,419Victoria Manor Senior Apts, LP (1,533) (1,595)Broadway Village I, LP 118,205 118,190Broadway Village II, LP 3,064 3,027Los Flores Housing, LP (386) (413)Imperial Highway Apts, LP (300) (298)Sonora Vista Apts, LP (325) (353)Curtis Johnson Apts, LP 135,011 135,011Slauson Station Apts, LP (129) (167) Swansea Apts, LP 680 680Swansea II Apts, LP (191) -Central Village Apts, LP 63,704 63,635Hollydale, LP (219) (219) 11515 S. Budlong Limited Partners, LP (74,707) (72,851)9th & Grand Limited Partners, LP (71,353) (74,563)Chestnut Family Apts, LP (6) (10)AHLC South Gate, LP 7,524,654 -AHLC Hawthrone, LP 7,504,363 - AHLC Richmond, LLC 5,497,217 -Gilroy Affordable Housing B&I, Inc 14,004,848 14,008,141 TOTAL $ 35,291,980 $ 18,706,945 Client Note 3 Client Note 3 - DEEP GREEN HOUSING & COMMUNITY DEVELOPMENTFEIN 95-4313200FORM 990 - BALANCE SHEETPART X - LINE (23) Beginning End of year of yearMortgages & Notes Payable consists of the following:Nonrecourse residual receipt note payable to the Cityof Los Angeles, collaterilized by the related notereceivable from Main Street Housing, L.P.: dated April 1, 1998; maturing March 15, 2037. $ 1,476,137 $ 1,476,1373% Nonrecourse residual receipt note payable to the Community Development Commission of the County of Los Angeles (CDC); dated March 15, 2007; secured by land and building; maturing March 15, 2037. 2,452,544 2,452,5443% Nonrecourse note payable to the Community Development Commission of the County of Los Angeles; dated November 17, 2010; secured by deed of trust; to beforgiven seven years after initial occpancy of Mason Court,a related project of the Organization. 680,872 680,8723% Nonrecourse note payable to the Housing Authority ofthe County of Los Angeles (HACoLA); dated March 2, 2010; secured by deed of trust; maturing June 1, 2067. 1,724,637 1,724,637 7% Nonrecourse residual receipt note payable to Alexis Gevorgian, Trustee of AMG and Associates Retirement Trust, collateralized by the related note receivable from AHLC South Gate, L.P., dated May 31, 2014; maturing May 1,2017. 7,499,000 -7% Nonrecourse residual receipt note payable to Coachella Management Partners,LLC, collateralized by the related note receivable from AHLC Hawthrone, L.P., dated January 1, 2015; maturing January 2018. 7,499,000 -7% Nonrecourse residual receipt note payable to Coachella Management Partners,LLC, collateralized by the related note receivable from South Shore Construction, Inc., dated January 1, 2015;maturing January 2018. 5,499,000 -7% Nonrecourse residual receipt note payable to Alexis Gevorgian, Trustee of AMG and Associates Retirement Trust, collateralized by the related note receivable from Gilroy Affordable Housing Builders and Investors, Inc., dated April 30, 2015; maturing May 1, 2018. 13,999,000 13,999,0005% Nonrecourse residual receipt note payable to Alaska Housing Finance Corporation (AHFC), collateralized by the related note receivable from Wasilla Pacific Assocaites, dated May 1, 2016; maturing May 1, 2046. - 1,053,0005% Nonrecourse residual receipt note payable to Alaska Housing Finance Corporation (AHFC), collateralized by the related note receivable from Wasilla Pacific Assocaites, dated May 1, 2017; maturing May 1, 2046. - 270,0005% Nonrecourse residual receipt note payable to Alaska Housing Finance Corporation (AHFC), collateralized by the related note receivable from Wasilla Pacific Assocaites II, dated May 1, 2017; maturing May 1, 2046. - 510,000 TOTAL MORTGAGES AND NOTES PAYABLE $ 40,830,190 $ 22,166,190 Form 990, Part VI, Line 11b: Form 990 Review Process DRAFT COPY OF THE THE TAX RETURN WAS REVIEWED BY THE EXECUTIVE DIRECTOR OF THE ORGANIZATION. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE EMPLOYEES ARE PROVIDED A HANDBOOK THAT OUTLINES THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO ADHERE TO IT. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Organization's Executive Director maintains the custody of its governing documents and financial record at the corporate office and upon request can make them available to the public.As noted in Section B / Question 12(a) the Organization has a written conflict of interest policy and can provided for public inspection by the Organization itself. Other Changes In Net Assets Or Fund Balances - Other Increases Equity Investment in El Centro Senior Villas LP = $4083340 Other Changes In Net Assets Or Fund Balances - Other Decreases Transfer of Equity - Hawthorne = -$7500000 Other Changes In Net Assets Or Fund Balances - Other Decreases Transfer of Equity - Richmond = -$5500000 Other Changes In Net Assets Or Fund Balances - Other Decreases Transfer of Equity - South Gate = -$7500000 MASON COURT LLC 400 W 9th STREET SUITE 100 LOS ANGELES CA 90015 263678612 LOW INCOME HOUSING RENTAL PROPERTY CA 20548 4100974 DEEP GREEN HOUSING AND COMMUNITY DEV EL CENTRO SENIOR VILLAS LP 400 WEST 9TH STREET LOS ANGELES CA 90015 954822057 LOW INCOME HOUSING CA DEEP GREEN HSG & COM -150798 5438421 false false 0.99990 GILROY AFFORDABLE HOUSING B&I INC 700 N CENTRAL AVE SUITE 310 GLENDALE CA 91203 473933871 LOW INCOME HOUSING CA DEEP GREEN HSG & COM S Corp 3293 14008141 0.99938 false false false false false false false false false false false false false false false false false false false false