2016-10-04T16:41:27-07:00 2015-12-31 Schwartz Giannini Lantsberger & Adamson CPAs 4578 Feather River Drive D Stockton CA 95219 990 2015-01-01 680062062 VISIONARY HOME BUILDERS OF CALIFORNIA INC VISI 2094666811 315 N SAN JOAQUIN STREET STOCKTON CA 95202 JUSTIN R LLATA COO 2016-10-04 true Philip Lantsberger P00016589 2094741084 2015 2017-02-10 21:41:12Z 3240574 false false X www.visionaryhomebuilders.org X 1983 CA TO DEVELOP AND MANAGE LOW-INCOME HOUSING PROJECTS AND PROGRAMS 8 8 57 0 273010 144484 2258352 2124567 426 316 -50785 248463 2481003 2517830 0 0 1431988 1622027 0 0 728760 1163754 2160748 2785781 320255 -267951 24419413 26355221 15487040 17125229 8932373 9229992 X TO DEVELOP AND MANAGE LOW-INCOME HOUSING PROJECTS AND PROGRAMS false false 789911 RENTAL OF AFFORDABLE HOUSING 738607 DEVELOPMENT OF AFFORDABLE HOUSING 440070 HOUSING COUNSELING 123286 2091874 true true false false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false false false false false false false false false false false false false true true false false false false true 31 0 false 57 true false false false false false false false false 0 false false false false false false false false false false X 8 8 false false false false false false false true true false false false true true true false false true false false CA X CAROL ORNELAS 2094666811 315 N SAN JOAQUIN STREET STOCKTON CA 95202 JOSE RODRIGUEZ Treasurer 2.00 0.00 X X 0 0 0 ROSY DAVALOS MEMBER 2.00 0.00 X 0 0 0 LISA BLANCO-JIMENEZ MEMBER 2.00 0.00 X 0 0 0 DAVID VARELA VICE CHAIRMAN 2.00 0.00 X X 0 0 0 MARGARET BARBOUR MEMBER 2.00 0.00 X 0 0 0 PAUL HALEY MEMBER 2.00 0.00 X 0 0 0 SCOTT BIEDERMANN MEMBER 2.00 0.00 X 0 0 0 EDWARD L JACKSON Chairman 2.00 0.00 X X 0 0 0 CAROL ORNELAS CEO 40.00 0.00 X 184400 0 0 184400 1 false true false 0 3200 141284 144484 DEVELOPER FEES 1746893 1746893 MANAGEMENT FEES 436535 436535 OTHER INCOME 63632 63632 WESTGATE ADJ TO GAIN WESTGATE TOWNHOMES K1 -122493 -122493 2124567 316 316 0 0 844539 699520 145019 145019 145019 0 47230 23224 24006 0 39011 39011 39011 DEBT FORGIVENESS 40427 40427 40427 2517830 2310329 39011 0 0 0 0 184400 184400 0 1160433 972964 187469 0 162155 117316 44839 115039 83229 31810 0 0 0 0 0 0 37013 28814 8199 650 506 144 10227 7962 2265 0 0 15319 11926 3393 47672 37112 10560 0 0 80667 62799 17868 0 44236 34437 9799 130800 101827 28973 OUTSIDE SERVICES 353903 237367 116536 DEVELOPER EXPENSES 200000 200000 BOUNCE BACK 61511 61511 SUPPLIES 40817 31776 9041 140939 102328 38611 2785781 2091874 693907 0 2618979 2692768 0 0 1498085 1892835 0 0 0 9481352 10747690 116252 95017 8669469 2409679 6166389 6259790 0 0 0 0 4538356 4667121 24419413 26355221 325962 434765 14061859 15994288 1099219 696176 15487040 17125229 X 7948216 8285215 784157 744777 200000 200000 8932373 9229992 24419413 26355221 X -267951 565570 X false true X true true true X 1078993 1346545 465280 273010 144484 3308312 0 0 1078993 1346545 465280 273010 144484 3308312 0 3308312 1488 725 533 426 316 3488 0 0 3311800 0.99890 0.99860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 155363 155363 2637842 2266409 2099753 2804498 98205 46006 52199 3511650 263920 3247730 6259790 DEPOSITS 25238 INVESTMENT IN LIMITED PARTNERSHIP 2471667 LOAN FEES 9948 NOTES RECEIVABLE 1568252 RES. FOR REPLACE.-RESTRICTED CASH 546852 SECURITY DEPOSITS-RESTRICTED CASH 45164 4667121 ADVANCES 630579 DEFERRED REVENUE 16698 PREPAID RENT 7969 SECURITY DEPOSITS 40930 696176 X Part X : FIN48 Footnote The Corporation is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code and state income tax under Section 23701 of the California Revenue and Taxation Code.The Organizations tax filings are subject to audit by various taxing authorities. The Organizations federal tax returns for 2013, 2014 and 2015 remain open to examination by the Internal Revenue Service; state income returns for 2012, 2013, 2014 and 2015 are open to examination. In evaluating the Organizations tax provisions and accruals, management believes that its estimates are appropriate based on current facts and circumstances. X false GOLF TOURNAMENT 47230 47230 23224 47230 47230 23224 23224 24006 false false false false false false false false false false CAROL ORNELAS CEO 184400 184400 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: RENTAL OF AFFORDABLE HOUSING Form 990, Part VI, Line 11b: Form 990 Review Process THE ORGANIZATION'S CFO REVIEWS THE FORM 990 AND FORWARDS TO BOARD TREASURER FOR REVIEW BEFORE FILING. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE CONFLICT OF INTEREST POLICY IS COMMUNICATED THROUGH THE ORGANIZATION'S PERSONNEL PLAN. MONITORING IS DONE ON AN ONGOING BASIS THROUGH VERBAL COMMUNICATION, AND ON AN ANNUAL BASIS THROUGH EMPLOYEE REVIEW. ENFORCEMENT IS MAINTAINED THROUGH THIS COMMUNICATION, PREVENTING ANY CONFLICTS TO AFFECT THE ORGANIZATION. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD PERFORMS SALARY REVIEW/RESEARCH TO DETERMINE REASONABLE AND COMPARABLE SALARY FOR THE CEO. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available PROVIDED UPON REQUEST. Other Changes In Net Assets Or Fund Balances - Other Increases CONTRIBUTIONS = $443077 Other Changes In Net Assets Or Fund Balances - Other Increases NET LOSS ON INV IN LIHTC PTRSHIPS = $122493 Part V, 7a & 7b ORGANIZATION CONDUCTED GOLF TOURNAMENT FUNDRAISER WITH PORTION OF PROCEEDS AS DONATION, PORTION FOR GOLF FEES. 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