2017-11-09T15:50:08-06:00 2016-12-31 330810710 Swenson Advisors LLP 25220 Hancock Ave Suite 240 Murrieta CA 92562 990 2016-01-01 900126641 NTC Foundation NTCF 6192261490 2825 Dewey Rd No 207 San Diego CA 92106 Chris Kiefer CFO 6192261490 2017-11-07 1 Donald Watson P00708143 9514454700 2017-11-07 74.100.192.219 2017-11-07 17:04:51 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 7F30C3C7C45E1557544BF09B0BC048CC46B4F53F 2016 2021-01-29 14:40:06Z Chris Kiefer 2825 Dewey Rd No 207 San Diego CA 92106 3039065 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." 16 16 26 5 0 0 1603537 338882 0 2105122 126807 120380 7227751 474622 8958095 3039006 0 0 0 0 340624 663301 7000 420 74310 1712536 3256807 2060160 3920528 6897935 -881522 40839941 40483175 16995663 17520419 23844278 22962756 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 35950 Rehabilitation of the NTC "Civic Arts & Cultural Center" 2715508 2105122 Leasing, programming and operating the NTC Civic Arts and CultureCenter 2751458 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 1 1 1 0 0 1 9 0 1 26 1 0 0 0 0 0 0 0 0 0 0 X 16 16 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 2825 Dewey Rd Ste 207 San Diego CA 92106 Alan Ziter Executive Director 40.00 X X 124080 0 0 judy mcdonald Community Leader 1.00 X 0 0 0 Lisa Johnson President & CEO 40.00 X X 100000 0 0 kurt chilcott CDC Small Business Finance, President & CEO 1.00 X 0 0 0 richard opper Attorney at Law 1.00 X 0 0 0 rich gustafson President, CityMark Development 1.00 X 0 0 0 lori fleet martin VP, Occidental Landscape, Inc. 1.00 X 0 0 0 sandy perlatti Community Leader 1.00 X 0 0 0 Chris Kiefer CFO 40.00 X X 85702 0 0 Victoria Hamilton Arts and Culture Advocate 1.00 X 0 0 0 Kathy Krentler Professor of Marketing Fowler College of Business 1.00 X 0 0 0 Ivar Leetma Principal 1.00 X 0 0 0 Victoria Reed Community Leader 1.00 X 0 0 0 Karen Pearson Ringel President, Ridge Real Estate Development 1.00 X 0 0 0 Pamela Bensoussan Accredited Senior Appraiser American 1.00 X 0 0 0 Jason Paguio Land Use & Policy Advisor, County of San Diego 1.00 X 0 0 0 Lindy Mamer Senior VP, Bank of California 1.00 X 0 0 0 Kaye Hobson Retired Finance Director 1.00 X 0 0 0 309782 0 0 1 0 0 0 0 218337 120545 338882 Leasing, programming a 532000 2105122 2105122 2105122 120380 120380 0 59 -59 -59 Reimburseable expenses 900099 423106 423106 Catering Fees 900099 51575 51575 474681 3039006 2579803 0 120321 309782 88128 202780 18874 353519 100570 231410 21539 19225 4503 14722 138253 138253 420 420 91324 91324 3200 3200 102850 73297 28254 1299 841107 723621 116831 655 30689 5677 19020 5992 251993 241724 10005 264 451 451 3311 676 2593 42 555878 405135 150743 721267 714783 6484 44500 44500 Other Events 40161 39244 917 Cost of contributed rev 20305 821 15 19469 Temporary help - Contra 16391 1420 14971 Liberty School 9110 9098 12 366792 342761 18275 5756 3920528 2751458 1094760 74310 1095614 1912330 1171089 85477 15650356 16303902 1934 23826 27225322 7594294 20136761 19631028 917828 917828 1866359 1608784 40839941 40483175 2172632 2351487 3401548 3458248 11421483 11710684 16995663 17520419 X 21814454 21771409 2029824 1191347 23844278 22962756 40839941 40483175 -881522 0 X X 0 1 X 1 0 X 539139 358699 1791654 1603538 338882 4631912 2105122 2105122 890667 1320512 2211179 1429806 358699 1791654 2924050 2444004 8948213 292627 124250 1586035 1093000 39000 3134912 0 292627 124250 1586035 1093000 39000 3134912 5813301 340728 373592 393404 838958 120380 2067062 340728 373592 393404 838958 120380 2067062 5721 10353 82900 5195087 474622 5768683 1776255 742644 2267958 8958095 3039006 16783958 0.34640 0.38800 0.12320 0.12810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 26477614 6899087 19578527 143950 109078 34872 603758 586129 17629 19631028 X 479182 59 59 479123 2559883 2559883 3039006 893991 59 59 893932 91323 2935273 3026596 3920528 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, 2016 and 2015 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, 2016 and 2015, the Foundation had not accrued interest or penalties related to uncertain tax positions. Part XI, Line 2d - Other Adjustments: Special Event Expenses 59. Part XI, Line 4b - Other Adjustments: CONTRIBUTIONS 23,999. rental and other program service revenue from SMLLCs 2,535,884. Part XII, Line 2d - Other Adjustments: Special Event Expenses 59. Part XII, Line 4b - Other Adjustments: program and other expenses from SMLLCs 2,935,273. 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 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 - 2825 Dewey Rd., Suite 207, 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 2825 Dewey Road Ste 207 San Diego CA 92106 203805723 Rental CA -639112 20146975 NTCF Liberty Station 35 2825 Dewey Road Ste 207 San Diego CA 92106 474654082 Rental CA 240522 319121 NTC LIBERTY 19 OWNER LP 2825 Dewey Rd Suite 207 sAN DIEGO CA 92106 264220497 leasing CA NTC LIBERTY 19 INC related -63580 3241633 0 0 0.90000 NTC LIBERTY 19 MASTER TENANT LP 2825 Dewey Rd Suite 207 sAN DIEGO CA 92106 264220544 rental CA NTC FOUNDATION related -11966 729024 0 0 1.00000 NTC II Tenant LP 2825 Dewey Rd Suite 207 sAN DIEGO CA 92106 452765746 REntal CA NTC Manager Inc related 18 343 0 0 0.00010 NTC Manager Inc 2825 Dewey Rd Suite 207 san diego CA 92106 203805802 real estate management CA NTC FOUNDATION C -22216 1232185 1.00000 1 ntc liberty 19 inc 2825 Dewey Rd Suite 207 san diego CA 92106 264220299 REal estate management CA nTC FOUNDATION C -80725 634281 1.00000 1 NTC Liberty Station II LLC 2825 Dewey Rd Suite 207 San diego CA 92106 452765588 Real Estate Rental CA Ntc FoUNDATION C -367381 18835237 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 53955 financial statements NTC Liberty Station II D 12510270 financial statements NTC Liberty station D 1362088 financial statements Liberty 19 Inc D 6299 financial statements