2016-01-25T13:44:09-06:00 2015-06-30 954557617 Harrington Group CPAs LLP 234 East Colorado Blvd Suite M150 Pasadena CA 91101 990 2014-07-01 364655203 Abbey Road Inc ABBE 8188923423 15305 Rayen Street North Hills CA 91343 Bernie La Fianza CFO 8188923423 2016-01-25 1 Sean E Cain CPA P01612986 6264036801 2014 2016-04-25 22:37:26Z Bernie La Fianza 15305 Rayen Street North Hills CA 91343 746554 0 X N/A X 2009 CA Abbey Road ("Abbey") is a nonprofit affordable housing development organization that was created to support Penny Lane Centers. 4 4 0 4 0 0 0 0 592511 746507 38 47 0 0 592549 746554 0 0 0 0 37319 0 0 0 0 259607 427506 296926 427506 295623 319048 2284962 2245060 4648466 4289516 -2363504 -2044456 Abbey Road's mission is to foster hopes and dreams by developing safe, affordable housing environments for children, adults and families to build brighter futures and strengthen communities. 0 0 427506 746507 Developing and identifying property for low income, transitional and permanent housing, Abbey Road's new construction projects include Moonlight Villas and Mid-Cellis Apartments, which will provide young adults and families with 47 safe, affordable, and supportive housing units. 427506 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X Bernie La Fianza 8188923423 15305 Rayen Street North Hills CA 91343 Ivelise Markovits President 2.00 40.00 X X 0 279790 9820 Annick Hamon Vice President 2.00 1.00 X X 0 0 0 Sylvia Ruiz Secretary 2.00 X X 0 0 0 James Ocon Board Member 2.00 1.00 X 0 0 0 Deborah Kerr-Orlik Board Member 2.00 X 0 0 0 Bernie La Fianza Chief Financial Officer 2.00 40.00 X 0 190521 11672 0 470311 21492 0 0 1 0 0 Program fees 900099 553700 553700 Developer fees 900099 192807 192807 746507 47 47 746554 746507 0 47 X 19692 19692 2500 2500 158548 158548 2130 2130 1773 1773 160917 160917 64682 64682 Other expenses 12639 12639 Repairs and maintenance 3800 3800 Dues and membership 825 825 427506 427506 0 0 149498 238872 114501 49907 243334 243334 3015174 1302227 1777629 1712947 2284962 2245060 711350 771879 3937116 3517637 4648466 4289516 X -2363504 -2044456 -2363504 -2044456 2284962 2245060 319048 0 X 0 1 X 1 0 X X X 1 Penny Lane Centers 952633765 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Other support represents in-kind rent 596891 596891 2418283 1302227 1116056 1712947 X Part X, Line 2: Abbey is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Abbey in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Abbey's returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. X X 0 0 0 0 0 0 0 0 0 Ivelise Markovits President 0 253025 0 26765 0 0 0 8283 0 1537 0 289610 0 0 Bernie La Fianza Chief Financial Officer 0 155578 0 34943 0 0 0 5269 0 6403 0 202193 0 0 Form 990, Part VI, Section B, line 11 The CFO presents the Form 990 and Audit to board for review, discussion and approval. Then it is filed. Form 990, Part VI, Section B, line 12c Annual statements are signed by directors. Form 990, Part VI, Section B, line 15 Part VI, questions 15(a) and (b) were answered no as there were no officers or key employees as defined in Form 990 instructions being compensated. Form 990, Part VI, Section C, line 19 The organization makes it governing documents, conflict of interest policies and financial statements available to the public upon request. Form 990, Part IX, line 11g Consultant/professional fees: Program service expenses 158,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 158,548. Penny Lane Family Center 15305 Rayen Street North Hills CA 91343 952633765 Community Youth & Family Support CA 501(c)(3) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 Penny Lane Family Centers P 136066 FMV Part II, Line P Abbey Road, Inc. (a related entity) periodically reimburses Penny Lane Center for expenses.