2018-11-07T13:18:27-06:00 2017-12-31 330810710 SWENSON ADVISORS LLP 25220 HANCOCK AVE SUITE 240 MURRIETA CA 92562 990 2017-01-01 900126641 NTC FOUNDATION NTCF 6192261490 2820 ROOSEVELT ROAD STE 201 NO 201 SAN DIEGO CA 92106 CHRIS KIEFER CFO 6192261490 2018-11-05 1 DONALD WATSON P00708143 9514454700 2018-11-05 74.100.192.219 2018-11-05 17:21:36 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7F30C3C7C45E1557544BF09B0BC048CC46B4F53F 2017 2018-06-14 16:35:46Z X CHRIS KIEFER 2820 ROOSEVELT ROAD STE 201 NO 201 SAN DIEGO CA 92106 3976761 0 X WWW.NTCFOUNDATION.ORG X 2000 CA TO ACQUIRE, RENOVATE AND PRESERVE THE LAND AND THE FACILITIES OF THE NAVAL TRAINING CENTER "NTC" LOCATED IN THE CITY OF SAN DIEGO, CALIFORNIA, SPECIFICALLY RESTRICTED TO THE PORTION OF THE NTC REFERRED TO AS THE "CIVIC ARTS & CULTURAL CENTER; AND TO OPERATE THE "CIVIC ARTS & CULTURAL CENTER." 18 17 21 22 0 0 338882 378273 2105122 2380181 120380 240373 474622 915554 3039006 3914381 0 0 0 0 663301 774971 420 1675 63952 3256807 3280559 3920528 4057205 -881522 -142824 40483175 40249670 17520419 17429738 22962756 22819932 X TO ACQUIRE, RENOVATE AND PRESERVE THE LAND AND THE FACILITIES OF THE NAVAL TRAINING CENTER "NTC" LOCATED IN THE CITY OF SAN DIEGO, CALIFORNIA, SPECIFICALLY RESTRICTED TO THE PORTION OF THE NTC REFERRED TO AS THE "CIVIC ARTS & CULTURAL CENTER; AND TO OPERATE THE "CIVIC ARTS & CULTURAL CENTER." 0 0 200185 REHABILITATION OF THE NTC "CIVIC ARTS & CULTURAL CENTER" 2718472 2380181 LEASING, PROGRAMMING AND OPERATING THE NTC CIVIC ARTS AND CULTURECENTER 2918657 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 10 0 1 21 1 0 0 0 0 0 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 CA X X CHRIS KIEFER 6192261440 2801 ROOSEVELT RD NO 201 SAN DIEGO CA 92106 ALAN ZITER EXECUTIVE DIRECTOR 40.00 X X 127310 0 6000 JUDY MCDONALD COMMUNITY LEADER 5.00 X 0 0 0 LISA JOHNSON PRESIDENT & CEO 40.00 X X 118133 0 6000 KURT CHILCOTT TREASURER, CDC SMALL BUSINESS FINANCE 5.00 X 0 0 0 RICH GUSTAFSON SECRETARY, CITYMARK DEVELO 5.00 X 0 0 0 LORI FLEET MARTIN CHAIR, COMMUNITY LEADER 10.00 X 0 0 0 SANDY PERLATTI COMMUNITY VOLUNTEER 5.00 X 0 0 0 CHRIS KIEFER CFO 40.00 X X 115175 0 1236 VICTORIA HAMILTON JACOBS CENTER FOR NEIGHBORHOOD INNOVATION 5.00 X 0 0 0 KATHLEEN KRENTLER PROFESSOR, SAN DIEGO STATE UNIVERSITY 5.00 X 0 0 0 IVAR LEETMA REAL ESTATE DEVELOPER 5.00 X 0 0 0 VICTORIA REED COMMUNITY LEADER 5.00 X 0 0 0 JASON PAGUIO COMMUNITY LEADER 5.00 X 0 0 0 LINDY MAMER COMMUNITY LEADER 5.00 X 0 0 0 KAYE HOBSON COMMUNITY VOLUNTEER 5.00 X 0 0 0 KEN STIPANOV VICE CHAIR, REAL ESTATE PROFESSIONAL 10.00 X 0 0 0 BURT ESPE THE OHANA BAYAN PROJECT 5.00 X 0 0 0 LYNNETTE TESSITORE CITY OF CHULA VISTA 5.00 X 0 0 0 SALOMON MAYA TELEVISA 5.00 X 0 0 0 JUDITH NORA PELL INVESTMENTS ALLC 5.00 X 0 0 0 360618 0 13236 3 0 0 0 0 252671 125602 378273 LEASING, PROGRAMMING A 532000 2380181 2380181 2380181 217381 217381 46282 23290 22992 22992 22992 81030 39090 41940 41940 REIMBURSEABLE EXPENSES 900099 637833 637833 DEVELOPER FEE 900099 178361 178361 CATERING FEES 900099 57420 57420 873614 3914381 3253795 0 282313 360618 92320 248201 20097 414353 106077 285184 23092 16662 16662 126855 126855 1675 1675 3200 3200 123136 77138 45308 690 658608 560821 97480 307 30666 5262 14439 10965 274415 262040 12375 2957 89 2868 544800 406226 138574 730559 720665 9894 31580 31580 ALL OTHER EXPENSES 620035 594660 18342 7033 OTHER EVENTS 51678 51678 COST OF CONTRIBUTED REV 30479 27115 3271 93 TEMPORARY HELP - CONTRA 20549 186 20363 14380 14380 4057205 2918657 1074596 63952 1912330 1416014 85477 50659 16303902 17156021 23826 31989 26680684 7708037 19631028 18972647 917828 917828 1608784 1704512 40483175 40249670 2351487 2232994 3458248 3166132 11710684 12030612 17520419 17429738 X 21771409 21761007 1191347 1058925 22962756 22819932 40483175 40249670 -142824 0 X X 0 1 X 1 0 X 358699 1791654 1603538 338882 378273 4471046 2105122 2380181 4485303 1320512 178361 1498873 358699 1791654 2924050 2444004 2936815 10455222 110750 1530000 1072500 17500 32500 2763250 0 110750 1530000 1072500 17500 32500 2763250 7691972 373592 393404 838958 120380 217381 1943715 373592 393404 838958 120380 217381 1943715 10353 82900 5195087 474622 715784 6478746 742644 2267958 8958095 3039006 3869980 18877683 0.40750 0.34640 0.10300 0.12320 X 26195274 7442029 18753245 322867 146523 176344 98928 73630 25298 63615 45855 17760 18972647 X 772646 0 772646 3141735 3141735 3914381 943463 39090 39090 904373 3152832 3152832 4057205 PART X, LINE 2: THE FOUNDATION USES A LOSS CONTINGENCIES APPROACH FOR EVALUATING UNCERTAIN TAX POSITIONS AND CONTINUALLY EVALUATES CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION DID NOT HAVE UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2017 AND 2016 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. IN CONNECTION WITH THE ADOPTION OF THE GUIDANCE PERTAINING TO UNCERTAIN TAX POSITIONS, THE FOUNDATION WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2017 AND 2016, THE FOUNDATION HAD NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS 104,380. RENTAL AND OTHER PROGRAM SERVICE REVENUE FROM SMLLCS 3,053,453. LOSS ON DISPOSAL OF ASSETS -21,409. CONTRA-REVENUE FOR DONOR (FUNDRAISING) EVENTS -39,090. GAIN ON SALE OF ASSETS 44,401. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONTRA-REVENUE FOR DONOR (FUNDRAISING) EVENTS 39,090. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROGRAM AND OTHER EXPENSES FROM SMLLCS 3,152,832. X 0 BRAVO ZULU 81030 81030 9310 6500 23280 81030 81030 9310 6500 23280 39090 41940 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S GOVERNING BODY REVIEWS AND COMPARES FORM 990 TO ITS IN-HOUSE PREPARED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REISSUED EVERY YEAR. BOARD MEMBERS WITH CONFLICTS OF INTEREST ARE RECUSED FROM THE DISCUSSIONS OF THE CONFLICTING SUBJECT. FORM 990, PART VI, SECTION C, LINE 19 NTC FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABE TO THE PUBLIC UPON REQUEST AND ON THE WEBSITE WWW.GUIDESTAR.COM. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC ALAN ZITER - 2820 ROOSEVELT RD. SUITE 201, SAN DIEGO, CA 92106. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE COMMITTEE'S OVERSIGHT OF THE AUDIT OF THE FOUNDATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. ELECTION UNDER IRC SECTION 168(H)(6)(F)(II) ELECTION UNDER INTERNAL REVENUE CODE SECTION 168(H)(6)(F)(II) NOT TO BE TREATED AS A TAX-EXEMPT ENTITY THE LIMITED LIABILITY COMPANY LOCATED AT 2825 DEWEY RD., SUITE 207, SAN DIEGO, CA 92106 HEREBY ELECTS UNDER INTERNAL REVENUE CODE SECTION 168(H)(6)(F)(II) NOT TO BE TREATED AS A TAX-EXEMPT ENTITY FOR PURPOSES OF APPLYING THE RULES FOUND IN I.R.C. SECTION 168(H)(6). THIS ELECTION IS AVAILABLE TO BE MADE BY AN ENTITY THAT IS NOT TAX-EXEMPT, BUT WHICH IS CONTROLLED 50% OR MORE BY A TAX-EXEMPT ENTITY. NTC LIBERTY STATION II, LLC QUALIFIES TO MAKE SUCH ELECTION, AS IT IS OWNED 100% BY NTC FOUNDATION (A TAX-EXEMPT ENTITY). THE PURPOSE OF THIS ELECTION IS TO TREAT THE ENTITIES ALLOCABLE SHARE OF DEPRECIABLE PROPERTY OWNED BY NTC LIBERTY STATION II, LLC AS PROPERTY WHICH IS NOT TAX-EXEMPT-USE PROPERTY. NTCF LIBERTY STATION 1 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 203805723 RENTAL CA -311397 19678964 NTCF LIBERTY STATION 35 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 474654082 RENTAL CA 256564 519593 NTC LIBERTY 19 OWNER LP 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 264220497 LEASING CA NTC LIBERTY 19 INC RELATED -58777 3189960 0 0 0.90000 NTC LIBERTY 19 MASTER TENANT LP 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 264220544 RENTAL CA NTC FOUNDATION RELATED -12146 732858 0 0 1.00000 NTC II TENANT LP 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 452765746 RENTAL CA NTC MANAGER INC RELATED 23 336 0 0 0.00010 NTC MANAGER INC 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 203805802 REAL ESTATE MANAGEMENT CA NTC FOUNDATION C -13145 1232465 1.00000 1 NTC LIBERTY 19 INC 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 264220299 REAL ESTATE MANAGEMENT CA NTC FOUNDATION C -79853 560082 1.00000 1 NTC LIBERTY STATION II LLC 2820 ROOSEVELT RD SUITE 201 SAN DIEGO CA 92106 452765588 REAL ESTATE RENTAL CA NTC FOUNDATION C -348936 17168519 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NTC LIBERTY 19 OWNER LP D 2200000 FINANCIAL STATEMENTS NTC MANAGER INC D 67380 FINANCIAL STATEMENTS NTC LIBERTY STATION II D 11485772 FINANCIAL STATEMENTS NTC LIBERTY STATION D 88418 FINANCIAL STATEMENTS LIBERTY 19 INC D 8824 FINANCIAL STATEMENTS NTC TENANT II D 1392210 FINANCIAL STATEMENTS