2017-05-15T17:15:02-05:00 2016-06-30 330783700 PDM LLP 3460 TORRANCE BLVD STE 200 TORRANCE CA 90503 990 2015-07-01 201892523 PATH VENTURES PATH 3236711300 340 N MADISON LOS ANGELES CA 90004 AMY ANDERSON EXECUTIVE DIRECTOR 3236442270 2017-05-15 1 ANTHONY P BOZANIC CPA P01314417 3105404118 2015 2021-01-29 14:40:06Z AMY ANDERSON 340 N MADISON LOS ANGELES CA 90004 2419195 0 X WWW.EPATH.ORG/SITE/PATHVENTURES/HOME2.HTML X 2004 CA TO IMPROVE INDIVIDUAL LIVES AND COMMUNITIES BY INCREASING QUALITY AFFORDABLE HOUSING. 14 14 44 14 0 0 2247233 1529287 984667 833787 0 9163 15597 35065 3247497 2407302 0 0 0 0 1536198 1500633 0 0 23841 1440530 1171161 2976728 2671794 270769 -264492 7043844 9437017 6015507 8654151 1028337 782866 THE ORGANIZATION'S PURPOSE IS TO DEVELOP AFFORDABLE HOUSING, PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT, AND ENCOURAGE NEIGHBORHOOD REVITALIZATION FOR LOW INCOME FAMILIES AND INDIVIDUALS. 0 0 2251750 289057 THE ORGANIZATION BUILDS AND OPERATES AFFORDABLE HOUSING AND PERMANENT SUPPORTIVE HOUSING FOR LOW INCOME AND HOMELESS SINGLE ADULTS, OLDER ADULTS, TRANSITION AGE YOUTH, AND FAMILIES WITH CHILDREN, MANY OF WHOM ARE STRUGGLING WITH MENTAL ILLNESS OR SUBSTANCE ABUSE. THE ORGANIZATION PROVIDES SUPPORTIVE SERVICES SUCH AS CASE MANAGEMENT, EMPLOYMENT ASSISTANCE, AND MENTAL HEALTH COUNSELING, TO HELP TENANTS RETAIN THEIR HOUSING. WHAT DISTINGUISHES THE ORGANIZATION IS ITS APPROACH TO MERGING REAL ESTATE DEVELOPMENT, COMMUNITY DEVELOPMENT, AND SUPPORTIVE SERVICES WITH THE HOMELESS POPULATION. 2251750 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 40 0 1 44 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X AMY ANDERSON 3236442270 340 N MADISON LOS ANGELES CA 90004 HARRELD ADAMS BOARD MEMBER 1.00 X 0 0 0 DAVID ALDEN CO-PRESIDENT 1.00 X X 0 0 0 ELLEN EVANS AGEE CO-RECORDING SECRETARY 1.00 X X 0 0 0 TERRY BIRD CO-PRESIDENT 1.00 X X 0 0 0 EILEEN DARDICK BOARD MEMBER 1.00 X 0 0 0 JULIE DOWNEY CO-VICE PRESIDENT 1.00 X X 0 0 0 LAURA DIAMOND CO-SECRETARY 1.00 X X 0 0 0 MICHAEL GOLDBERG CO-TREASURER 1.00 X X 0 0 0 SHANE GOLDSMITH CO-VICE PRESIDENT 1.00 X X 0 0 0 MYRNA HANT BOARD MEMBER 1.00 X 0 0 0 MARSHA JONES MOUTRIE LEGAL COMMITTEE 1.00 X X 0 0 0 STANLEY SCHNEIDER CO-TREASURER 1.00 X X 0 0 0 LINDSAY WIGGINS CO-RECORDING SECRETARY 1.00 X X 0 0 0 JANE BLUMENFELD BOARD MEMBER 1.00 X 0 0 0 AMY ANDERSON EXECUTIVE DIRECTOR 40.00 X 152495 0 17366 JOEL ROBERTS CHIEF EXECUTIVE OFFICER 4.00 40.00 X 0 202078 40466 152495 202078 57832 1 0 1 0 FAMILY COMMONS AT CABRILLO LP 2001 RIVER AVE LONG BEACH CA 90810 RENT 268893 1 42099 1231684 255504 1529287 SUPPORTIVE SERVICES 900099 385431 385431 PARTNERSHIP DEVELOPER 900099 291367 291367 LEASE UP REIMBURSEMENT 900099 89883 89883 OTHER INCOME 900099 37106 37106 CONSULTING FEE INCOME 900099 30000 30000 833787 9163 9163 22490 0 22490 22490 22490 11893 42099 11893 0 GAIN ON INVESTMENT IN 900099 12575 12575 12575 2407302 846362 0 31653 X 152495 128096 22874 1525 1105420 928553 165813 11054 137776 115732 20666 1378 104942 88152 15741 1049 4633 4633 21000 21000 297421 250219 47202 41403 14234 25099 2070 64327 48558 14132 1637 19216 16333 1922 961 10776 10776 83333 70833 8333 4167 15529 15529 RENT ASSISTANCE- CLIENT 465207 465207 CLIENT ASSISTANCE 97752 75269 22483 PRE-DEVELOPMENT 50564 50564 2671794 2251750 396203 23841 494555 732008 580907 605083 973848 2883348 47236 197273 5048622 111111 4677015 4937511 68405 18975 201878 62819 7043844 9437017 391799 301836 250000 5553250 7998344 70458 103971 6015507 8654151 X 848337 595446 180000 187420 1028337 782866 7043844 9437017 X -264492 19021 X X 0 1 X 1 1 1 X 1885443 1758006 2292693 2197538 1487189 9620869 1885443 1758006 2292693 2197538 1487189 9620869 9620869 58303 53332 55110 16270 31653 214668 19674 18394 27254 49695 42099 157116 9992653 3353442 0.96280 0.96340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3750000 3750000 250000 111111 138889 1048622 1048622 4937511 DUE TO RELATED PARTY 103751 TENANT DEPOSITS 220 103971 X 2471341 -12575 76614 64039 2407302 0 2407302 2748408 76614 76614 2671794 0 2671794 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON TECHNICAL MERITS OF THE POSITION. TO DATE, THE ORGANIZATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED JUNE 30, 2016, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITION. JAZZ EVENT 53992 42099 11893 11893 53992 42099 11893 11893 11893 0 X X 0 0 0 0 0 0 0 0 0 AMY ANDERSON EXECUTIVE DIRECTOR 152495 0 0 0 0 0 0 0 17366 0 169861 0 0 0 JOEL ROBERTS CHIEF EXECUTIVE OFFICER 0 202078 0 0 0 0 0 23100 0 17366 0 242544 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS HAVE ASSIGNED THE AUDIT COMMITTEE THE RESPONSIBILITY OF REVIEWING AND APPROVING THE FORM 990 BEFORE SUBMISSION. THE CHAIR OF THE AUDIT COMMITTEE WAS PROVIDED WITH A COPY OF THE FORM 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION PRESENTS THE CONFLICT OF INTEREST POLICY TO EMPLOYEES UPON HIRE. EMPLOYEES CERTIFY TO THE POLICY AT THAT TIME. BOARD MEMBERS ANNUALLY CERTIFY IN WRITING AS TO THEIR UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDE A REVIEW AND APPROVAL BY BOARD OF DIRECTORS FOR CEO COMPENSATION. THE EXECUTIVE DIRECTOR'S AND EXECUTIVE TEAM'S SALARY IS DETERMINED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSTRUCTION MANAGEMENT FEE, RELATED PARTY: PROGRAM SERVICE EXPENSES 50,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,000. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 181,236. MANAGEMENT AND GENERAL EXPENSES 27,668. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 208,904. ASSET MANAGEMENT: PROGRAM SERVICE EXPENSES 18,983. MANAGEMENT AND GENERAL EXPENSES 3,350. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,333. PAYROLL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 16,184. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 16,184. FORM 990, PART XI, LINE 9: PRIOR YEAR EFFECT FROM CONSOLIDATION 19,021. FORM 990. PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. PATH (PEOPLE ASSISTING THE HOMELESS) 340 N MADISON AVE LOS ANGELES CA 90004 953950196 TO BREAK THE CYCLE OF HOMELESSNESS BY EMPOWERING PEOPLE WITH TOOLS CA PUBLIC CHARITY LINE 7 0 BEYOND SHELTER 340 N MADISON AVE LOS ANGELES CA 90004 954197075 TO ASSIST FAMILIES IN COMBATING CHRONIC POVERTY AND HOMELESSNESS CA PUBLIC CHARITY LINE 7 0 GRAMERCY COURT LIMITED PARTNERSHIP 1824 4TH AVE LOS ANGELES CA 90019 954624081 RENTAL REAL ESTATE CA 0 0 1 0 0 1 1 0 0 0 0 1 1 1 1 0 1 0 0 0 0 NOHO SENIOR VILLAS LP A 20810 FAIR MARKET VALUE THE VILLAS AT GOWER LP A 54000 FAIR MARKET VALUE CONNECTIONS HOUSING DOWNTOWN LP A 60000 FAIR MARKET VALUE LONG BEACH AND 21ST STREET LP A 43250 FAIR MARKET VALUE VERMONT VILLAS LP A 98000 FAIR MARKET VALUE CONNECTIONS HOUSING DOWNTOWN LP D 9500 FAIR MARKET VALUE LONG BEACH AND 21ST STREET LP D 400000 FAIR MARKET VALUE LOS ANGELES MARMION PARTNERS LP D 480000 FAIR MARKET VALUE VERMONT VILLAS LP D 800000 FAIR MARKET VALUE COURTLEIGH DEVELOPMENT LP D 220000 FAIR MARKET VALUE BEYOND SHELTER D 115610 FAIR MARKET VALUE BONNIE BRAE VILLAGE PARTNERS LP L 13286 FAIR MARKET VALUE JUANITA SRO HOUSING PARTNERS LP L 42828 FAIR MARKET VALUE LONG BEACH AND 21ST STREET LP L 40000 FAIR MARKET VALUE NOHO SENIOR VILLAS LP L 38400 FAIR MARKET VALUE COURTLEIGH DEVELOPMENT LP L 50000 FAIR MARKET VALUE VERMONT VILLAS LP L 100000 FAIR MARKET VALUE THE VILLAS AT GOWER LP L 92201 FAIR MARKET VALUE PEOPLE ASSISTING THE HOMELESS E 50000 FAIR MARKET VALUE PEOPLE ASSISTING THE HOMELESS E 103751 FAIR MARKET VALUE PEOPLE ASSISTING THE HOMELESS C 40000 FAIR MARKET VALUE PEOPLE ASSISTING THE HOMELESS M 50000 FAIR MARKET VALUE PEOPLE ASSISTING THE HOMELESS K 12960 FAIR MARKET VALUE PEOPLE ASSISTING THE HOMELESS J 36000 FAIR MARKET VALUE PATH VILLAS OSAGE LP S 56 FAIR MARKET VALUE VERMONT VILLAS LP Q 32430 FAIR MARKET VALUE WINNETKA SENIOR APARTMENTS LP Q 57453 FAIR MARKET VALUE