2015-02-10T18:43:19-06:00 2014-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD STE 300 CARMEL IN 46032 990 2013-07-01 953795161 COMMUNITY CORPORATION OF SANTA MONICA COMM 3103948487 1423 SECOND STREET NO B SANTA MONICA CA 90401 SARAH LETTS EXECUTIVE DIRECTOR 3103948487 2015-02-10 1 NANCY MORTON P00370064 3178485700 2013 2016-03-07 17:11:31Z SARAH LETTS 1423 SECOND STREET NO B SANTA MONICA CA 90401 13579315 0 X WWW.COMMUNITYCORP.ORG X 1982 CA SEE SCHEDULE O FOR COMPLETE MISSION STATEMENT. 14 14 82 19 0 0 103000 106850 12594892 13209719 22717 13301 98060 240631 12818669 13570501 25000 37500 0 0 3064544 3016148 0 0 0 8245966 8614930 11335510 11668578 1483159 1901923 153933323 155720795 129204978 129090527 24728345 26630268 COMMUNITY CORPORATION OF SANTA MONICA & SUBSIDIARIES MISSION IS TO EXPAND OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS TO OBTAIN AFFORDABLE HOUSING IN THE CITY OF SANTA MONICA THROUGH PURCHASING, CONSTRUCTING OR REHABILITATING, AND MANAGING RENTAL PROPERTIES. 0 0 8304154 37500 13427954 COMMUNITY CORPORATION OF SANTA MONICA (A CALIFORNIA NOT-FOR-PROFIT CORPORATION) ("CCSM") WAS FORMED ON AUGUST 19, 1982, TO EXPAND OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS TO OBTAIN AFFORDABLE HOUSING BY PURCHASING, CONSTRUCTING, OR REHABILITATING AND MANAGING RENTAL PROPERTIES IN THE CITY OF SANTA MONICA (THE "CITY"). CCSM WAS ORGANIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 8304154 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 37 0 1 82 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 CA X ROBERT J CONNELL 3103948487 1423 SECOND STREET SANTA MONICA CA 90401 PATRICIA HOFFMAN CHAIR 1.00 0.00 X 0 0 0 PAUL DESANTIS VICE CHAIR 1.00 0.00 X 0 0 0 DOUG WILLIS TERASURER 1.00 0.00 X 0 0 0 JOANNE LEAVITT SECRETARY 1.00 0.00 X 0 0 0 BETTY MUELLER SECRETARY 1.00 0.00 X 0 0 0 FR MIKE GUTIERREZ BOARD MEMBER 1.00 0.00 X 0 0 0 JOHN JALILI BOARD MEMBER 1.00 0.00 X 0 0 0 CATHERINE ELDRIDGE BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT GARDNER BOARD MEMBER 1.00 0.00 X 0 0 0 PEGGY HARRIS BOARD MEMBER 1.00 0.00 X 0 0 0 JERRY MANPEARL BOARD MEMBER 1.00 0.00 X 0 0 0 MAGGI PHILLIPS BOARD MEMBER 1.00 0.00 X 0 0 0 JANET ROBINSON BOARD MEMBER 1.00 0.00 X 0 0 0 MARIA RODRIGUEZ BOARD MEMBER 1.00 0.00 X 0 0 0 TED ROTH BOARD MEMBER 1.00 0.00 X 0 0 0 MICHAEL RUSSELL BOARD MEMBER 1.00 0.00 X 0 0 0 SANDRA STRENGTH BOARD MEMBER 1.00 0.00 X 0 0 0 JOANNE YOKOTA BOARD MEMBER 1.00 0.00 X 0 0 0 JAMIE ZAZOW BOARD MEMBER 1.00 0.00 X 0 0 0 SARAH LETTS EXECUTIVE DIRECTOR 40.00 0.00 X 185400 0 0 ANDREW MCDANIEL CFO 40.00 0.00 X 109050 0 0 294450 0 0 1 0 1 0 GONZALEZ CONSTRUCTION COMPANY 209 NORTH AVENUE 51 LOS ANGELES CA 90042 REHAB OF 2309 OAK 464297 STAR PROFESSIONAL CLEANING 3005 HIGHLAND AVE 3 SANTA MONICA CA 90405 JANITORIAL SERVICES 217149 SILKROAD PAINTING COMPANY PO BOX 74672 LOS ANGELES CA 90004 PAINTING 211520 AMERICANTEAM CONTRACTORS 1223 WILSHIRE BLVD 582 SANTA MONICA CA 90403 GENERAL REPAIRS 197902 BUILDING DREAMS CONSTRUCTION INC PO BOX 1633 HOLLYWOOD CA 90078 GENERAL REPAIRS 179607 7 106850 106850 RENTAL INCOME 531110 11019639 11019639 DEVELOPMENT FEES 531310 1039700 1039700 PROPERTY MANAGEMENT 531310 643439 643439 RESIDENT SERVICE FEES 531310 290729 290729 MAINTENANCE SERVICE FEES 531310 240154 240154 -23942 -23942 13209719 22115 22115 151093 0 151093 151093 151093 8814 -8814 -8814 -8814 MISC. REVENUE-RELATED-990 531110 75956 75956 OTHER REVENUE-MISC. 531110 13582 13582 89538 13570501 13427954 0 35697 37500 37500 548798 548798 2068911 463073 1605838 193788 41074 152714 204651 39190 165461 35699 35699 16459 16459 296319 112022 184297 46135 46135 399497 399497 5571433 5571433 18915 18915 32070 32070 2028920 1963488 65432 93109 93109 BAD DEBTS 76374 76374 11668578 8304154 3364424 0 24405959 20385498 134246 464121 17954 21495 150800969 25096664 127598920 125704305 0 7911526 0 228281 1776244 1005569 153933323 155720795 714170 660249 17974 126782219 126709792 1708589 1702512 129204978 129090527 X 24728345 26630268 24728345 26630268 153933323 155720795 1901923 0 X X 0 1 X 1 0 X 156700 146500 36369 103000 106850 549419 12039013 12809615 12104551 12692952 13289575 62935706 12195713 12956115 12140920 12795952 13396425 63485125 0 0 0 63485125 33802 23471 21330 22717 173208 274528 33802 23471 21330 22717 173208 274528 13582 13582 12229515 12979586 12162250 12818669 13583215 63773235 0.99550 0.99470 0.00430 0.00100 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57345226 57345226 92838856 24672726 68166130 616887 423938 192949 125704305 SECURITY DEPOSITS 654846 INTEREST ON LOANS/NOTES 1047666 1702512 X 13660578 257159 257159 13403419 167082 167082 13570501 11510310 8814 8814 11501496 167082 167082 11668578 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON FIXED ASSET DISPOSAL 8,814. INVESTMENT IN PARTNERSHIPS 248,345. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF EXPENSES 167,082. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON FIXED ASSET DISPOSAL 8,814. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF EXPENSE 167,082. 0 BOYS & GIRLS CLUB OF SANTA MONICA 1220 LINCOLN BLVD SANTA MONICA CA 90401 951890706 501(C)(3) 37500 TO CONTRIBUTE TO HELPING THE MISSION OF INSPIRING AND ENABLING YOUNG PEOPLE TO REACH THEIR FULL POTENTIAL X X 0 0 0 0 0 0 0 0 0 SARAH LETTS EXECUTIVE DIRECTOR 180000 0 0 0 5400 0 0 0 0 0 185400 0 0 0 FORM 990, PART I, LINE 1 THE ORGANIZATION'S MISSION IS TO EXPAND OPPORTUNITIES FOR LOW AND MODERATE INCOME PERSONS TO OBTAIN AFFORDABLE HOUSING IN THE CITY OF SANTA MONICA THROUGH PURCHASING, CONSTRUCTING OR REHABILITATING, AND MANAGING RENTAL PROPERTIES. FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION'S PROCESS TO REVIEW FORM 990 CONTROLLER REVIEWS FORM 990 AND COMPARES WITH THE AUDITED FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). FORM 990 IS THEN REVIEWED BY THE EXECUTIVE DIRECTOR AND THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE INFORMED OF THE AVAILABILITY OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS AND AUDIT COMMITTEE OVERSEE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANTS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. FORM 990, SECTION 168 ELECTION COMMUNITY CORP OF SANTA MONICA 1423 SECOND STREET B SANTA MONICA, CA 90401 SECTION 301.9100-7T(A)(1) ELECTION PURSUANT TO REGULATION SECTION 301.9100-7T(A)(1), CCSM VILLAGE, LLC, 1423 SECOND STREET SUITE B, SANTA MONICA, CA, 45-4910097, ELECTS UNDER IRC SECTION 168(H)(6)(F)(II) TO TREAT ANY INCOME OR GAIN TO BE RECOGNIZED BY ANY TAX EXEMPT SHAREHOLDER AS UNRELATED BUSINESS INCOME UNDER IRC SECTION 511 TO AVOID THE TREATMENT OF CCSM VILLAGE, LLC AS A TAX-EXEMPT ENTITY, AND ITS SHARE OF PROPERTY DEEMED OWNED, AS TAX-EXEMPT USE PROPERTY. 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