2015-11-16T17:31:11-06:00 2014-12-31 330850406 ROBERT R REDWITZ & CO 5520 TRABUCO ROAD IRVINE CA 92620 990 2014-01-01 330694603 THE CARITAS CORPORATION CARI 9497270568 5520 TRABUCO ROAD IRVINE CA 92620 ROBERT R REDWITZ CHAIRMAN 9497531514 2015-11-16 1 ROBERT R REDWITZ CPA P01447663 9497531514 2014 2016-02-25 16:41:14Z ROBERT R REDWITZ 5520 TRABUCO ROAD IRVINE CA 92620 14907990 0 X WWW.CARITASCORP.ORG X 1996 CA ASSIST LOCAL GOVERNMENTS BY PROVIDING AFFORDABLE MOBILE HOME PARK LIVING. 6 4 3 0 0 0 0 17700 14110564 14387919 272784 273204 700000 229167 15083348 14907990 32977 29519 0 0 1529981 1726861 0 0 0 14375904 14556083 15938862 16312463 -855514 -1404473 113209651 112507729 113675958 114378510 -466307 -1870781 X THE CARITAS CORPORATION IS A NONPROFIT ORGANIZATION WHOSE GOAL IS TO PROVIDE AND MAINTAIN QUALITY, AFFORDABLE HOUSING THROUGH THE ACQUISITION OF MOBILE HOME PARKS. WITH THE INCREASING NUMBER OF HOUSEHOLDS ON FIXED OR LIMITED INCOMES AND WITH THE SCARCITY OF RELIABLE, LONG-TERM, REASONABLY PRICED HOUSING, CARITAS ENDEAVORS TO CREATE VIBRANT COMMUNITIES WHERE QUALITY OF LIFE, RESIDENT INVOLVEMENT, AND CARING ARE PRIORITIES. 0 0 9093471 29519 14617086 SUPPORT FOR THE PURPOSE OF SUPERVISING AND ASSISTING ONE AFFILIATED CORPORATION THAT OWNS AND MAINTAINS SIX AFFORDABLE HOUSING PROJECTS (MOBILE HOME PARKS). IN ADDITION, THE CARITAS CORPORATION'S EXEMPT PURPOSE ACHIEVEMENTS INCLUDE THE PURCHASE AND OPERATION OF ELEVEN AFFORDABLE HOUSING PROJECTS LOCATED IN THE CALIFORNIA CITIES OF FRESNO, GARDEN GROVE, LANCASTER, NEWCASTLE, OCEANO, PALMDALE, SAN MARCOS, VACAVILLE AND YUCAIPA, WHICH HAVE AN UNFULFILLED STATUTORY OBLIGATION TO PROVIDE AFFORDABLE HOUSING. THERE ARE A TOTAL OF 233 MOBILE HOME SPACES AVAILABLE FOR RENT IN THE CITY OF FRESNO, 254 SPACES IN THE CITY OF GARDEN GROVE, 308 SPACES IN THE CITY OF LANCASTER, 200 SPACES IN THE CITY OF NEWCASTLE, 120 SPACES IN THE CITY OF OCEANO, 298 SPACES IN THE CITY OF PALMDALE, 148 SPACES IN THE CITY OF SAN MARCOS, 153 SPACES IN THE CITY OF VACAVILLE AND 217 SPACES IN THE CITY OF YUCAIPA. 9093471 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 37 0 3 1 0 0 0 0 0 0 0 0 X 6 4 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JENNIFER RIVA-KIRK CPA 9497270568 5520 TRABUCO ROAD IRVINE CA 92620 CAROL MCDERMOTT BOARD MEMBER 0.00 X 0 0 0 BOB THIERGARTNER BOARD MEMBER 0.00 X 0 0 0 TOM REDWITZ BOARD MEMBER 0.00 X 0 0 0 ALISA FREUNDLICH BOARD MEMBER 0.00 X 0 0 0 CHUCK PACKARD BOARD MEMBER 0.00 X 0 0 0 ROBERT R REDWITZ CEO & CHAIRMAN OF BOARD 8.00 X X 0 0 0 PENNY SERNA CHIEF FINANCIAL OFFICER 40.00 X X 0 0 0 JENNIFER E RIVA-KIRK VP OF FINANCE 10.00 X 0 0 0 THOMAS MAURO EXECUTIVE DIRECTOR 40.00 X 128051 0 16129 JOHN WOOLLEY CHIEF OPERATING OFFICER 40.00 X 150066 0 0 278117 0 16129 2 0 1 0 ROBERT R REDWITZ & CO 5520 TRABUCO ROAD IRVINE CA 92620 CEO,CHAIRMAN OF BOARD,CFO,ACCT & TAX 867495 BIRTCHER ANDERSON REALTY MANAGEMENT 31920 DEL OBISPO ROAD 260 SAN JUAN CAPISTRANO CA 92675 PROPERTY MANAGEMENT 494686 2 17700 17700 RENTS 531310 11173934 11173934 ANCILLARY FEES 531390 3213985 3213985 14387919 273204 273204 MANAGEMENT FEES 531310 229167 229167 229167 14907990 14617086 0 273204 27519 27519 2000 2000 278117 278117 901867 901867 440449 394560 45889 106428 88050 18378 500541 500541 49440 46075 3365 840929 251776 589153 118438 76452 41986 47302 34991 12311 55989 40928 15061 10795526 4929473 5866053 16453 6631 9822 8887 8369 518 1394981 1301955 93026 PENALTIES 225000 0 225000 BOND SERVICE FEE 194929 194929 OUTSIDE SERVICES 76763 76763 LICENSES & FEES 76320 75115 1205 154585 135477 19108 16312463 9093471 7218992 0 875689 340046 1437953 71787 27152 956 28059 60914 14055 58379 19605 101386431 6784307 95560891 94602124 3839565 3556636 12741470 12482099 113209651 112507729 3236879 3179757 0 22876 109800000 109705000 500000 0 139079 1470877 113675958 114378510 X -466307 -1870781 -466307 -1870781 113209651 112507729 -1404473 0 X 0 1 X 1 0 X 1000 17700 18700 6090510 9381473 12723238 14810564 14388419 57394204 6090510 9382473 12723238 14810564 14406119 57412904 0 0 0 57412904 70924 190255 246263 272784 273204 1053430 70924 190255 246263 272784 273204 1053430 6161434 9572728 12969501 15083348 14679323 58466334 0.98200 0.98260 0.01800 0.01740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 57410164 57410164 42383431 6304549 36078882 1592836 479758 1113078 94602124 CONSTRUCTION IN PROGRESS 25872 DEPOSITS 12169 RESTRICTED CASH 12444058 12482099 SECURITY DEPOSITS 197696 DUE TO AFFILIATE 1273181 1470877 X PART X, LINE 2: THE FOLLOWING IS DISCLOSED IN THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS: 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 THE CORPORATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. 1 CARITAS AFFORDABLE HOUSING INC 5520 TRABUCO ROAD IRVINE CA 92620 330829212 501(C)(3) 4069 RENTAL ASSISTANCE FOR RESIDENTS SANTA MARGARITA CATHOLIC HIGH SCHOOL 22062 ANTONIO PARKWAY RANCHO SANTA MARGARITA CA 92688 330235681 501(C)(3) 13450 HIGH SCHOOOL EDUCATION BOYS & GIRLS CLUB OF CAPISTRANO VALLEY ONE VIA POSITIVA SAN JUAN CAPISTRANO CA 92675 330529575 501(C)(3) 10000 YOUTH EDUCATION, GOOD CHARACTER AND LEADERSHIP 0 0 0 0 0 0 0 0 0 JOHN WOOLLEY CHIEF OPERATING OFFICER 150066 0 0 0 0 0 0 0 0 0 150066 0 0 0 A CITY OF SAN MARCOS 922259585 1999-05-20 6000000 MOBILE HOME PARK PURCHASE 0 0 0 B CALIFORNIA MOBILEHOME PARK FINANCE AUTHORITY 330713419 130479BU1 2001-03-29 11463076 MOBILE HOME PARK PURCHASE 0 0 0 C CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SABO 2010-09-16 49542170 MOBILE HOME PARK PURCHASE 0 0 1 D CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SAF1 2012-03-13 44287500 MOBILE HOME PARK PURCHASE 0 0 0 A 6000000 75000 5925000 1999 0 0 1 1 B 1980000 11463076 772428 230100 267138 10193410 2001 0 0 1 1 C 935000 49542170 3773870 5325117 990843 39452340 2010 1 0 1 1 D 44287500 3243213 885750 40158537 2012 0 0 1 1 A 0 0 0 0 1 0 0 B 0 0 0 0 1 0 0 C 0 0 0 0 1 0 0 D 0 0 0 0 1 0 0 A 0 0 0 1 0 0 NA 0 0 0 NA 0 0 1 B 0 0 0 1 0 0 NA 0 0 1 BAYERSCHE LNDSBK GIC 35.000000000000 1 0 1 C 0 0 0 1 0 0 NA 0 0 1 NATIXIS FUNDING CORP 20.000000000000 1 0 1 D 0 1 0 0 0 0 NA 0 0 1 NATIXIS FUNDING CORP 20.000000000000 1 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF SAN MARCOS DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2009 ISSUER NAME: CALIFORNIA MOBILEHOME PARK FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2012 ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2012 ROBERT R REDWITZ & CO ACCOUNTING SERVICES 867495 ACCOUNTING AND MANAGEMENT SERVICES ARE PROVIDED BY ROBERT R. REDWITZ & CO. ("RRR"). TWO OF THE OWNERS OF RRR ARE OFFICERS OF CARITAS; MR. ROBERT REDWITZ IS CEO/CHAIRMAN OF THE BOARD, AND MS. JENNIFER RIVA-KIRK IS VP OF FINANCE. 0 THE GDR GROUP INC TECHNOLOGY SERVICES 55575 TECHNOLOGY SERVICES ARE PROVIDED TO CARITAS BY THE GDR GROUP, INC. ("GDR"). ONE OF THE OWNERS OF GDR IS MR. ROBERT REDWITZ, A CO-OWNER OF ROBERT R. REDWITZ & CO., AND CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 ROBERT R REDWITZ CEO/BOARD CHAIRMAN 0 IN ADDITION TO BEING CEO AND CHAIRMAN OF THE BOARD, MR. REDWITZ IS AN OWNER OF ROBERT R. REDWITZ & CO., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 JENNIFER E RIVA-KIRK VP OF FINANCE 0 MS. RIVA-KIRK IS AN OWNER OF ROBERT R. REDWITZ & CO., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 PARTNERS BANK BANKING SERVICES 699 BANKING FEES PAID BY CARITAS' MOBILE HOME PARKS; ONE OF THE BOARD MEMBERS OF PARTNERS BANK IS MR. ROBERT REDWITZ, THE CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 5520 TRABUCO ROAD LLC RENT 30908 RENT PAID BY CARITAS' MOBILE HOME PARKS; ONE OF THE BOARD MEMBERS OF 5520 TRABUCO ROAD LLC IS MR. ROBERT REDWITZ, THE CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND TOM REDWITZ (BOARD MEMBER) ARE BROTHERS, BUT THEY DO NOT OTHERWISE TRANSACT BUSINESS TOGETHER. ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND JENNIFER E. RIVA-KIRK (VP OF FINANCE) ARE BOTH OWNERS OF THE ACCOUNTING FIRM (ROBERT R. REDWITZ & CO., AN ACCOUNTING AND CONSULTING CORPORATION) THAT MANAGES THE OPERATIONS AND FINANCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 BIRTCHER ANDERSON REALTY MANAGEMENT, INC. HAS TAKEN OVER THE RESPONSIBILITIES OF PROPERTY MANAGEMENT AS OF NOVEMBER 2009. ITS DUTIES INCLUDE MANAGING ON-SITE MOBILE HOME PARK EMPLOYEES, RESPONDING TO RESIDENT QUESTIONS/CONCERNS, MANAGING REPAIR AND MAINTENANCE PROJECTS, COLLECTION OF RENTS, RECORDING ACCOUNTING TRANSACTIONS, AND MONITORING COMPLIANCE WITH MOBILE HOME PARK RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT WAS PROVIDED BY EMAIL TO THE BOARD OF DIRECTORS FOR THEM TO REVIEW. ONCE THE BOARD HAD REVIEWED AND APPROVED THE FORM 990, A FINAL COPY WAS FILED WITH THE APPROPRIATE AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE BOARD OF DIRECTORS MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY THROUGH A REVIEW OF THE POLICY AND BUSINESS TRANSACTIONS WITH THE RELATED PARTIES AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 DURING 2009, THE BOARD OF DIRECTORS INITIATED, IN COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, A FORMAL MARKET COMPETITIVE STUDY TO DETERMINE THE REASONABLE COMPENSATION FOR ITS OFFICERS WHO WERE ALSO DIRECTORS. THIS STUDY WAS DONE BY OUTSIDE LEGAL COUNSEL AND RESULTED IN A COMPREHENSIVE COMPENSATION AGREEMENT THAT WAS DEEMED INDEPENDENT, COMPETITIVE AND MARKET-DRIVEN BY THE INDEPENDENT DIRECTORS ON THE BOARD. THE COMPENSATION AGREEMENT WAS FORMALLY APPROVED AND EXECUTED BY THE INDEPENDENT DIRECTORS IN SEPTEMBER 2010 AND IS IN EFFECT UNTIL TERMINATED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE AND ALSO AVAILABLE UPON REQUEST. FORM 990, PART VII CAROL MCDERMOTT - 1 SAN JOAQUIN PLAZA #230, NEWPORT BEACH, CA 92660. BOB THIERGARTNER - 1420 BRISTOL ST. NORTH #100, NEWPORT BEACH, CA 92660. TOM REDWITZ - 95 ENTERPRISE, SUITE 325, ALISO VIEJO, CA 92656. ALISA FREUNDLICH - 11693 SAN VICENTE BLVD #828, LOS ANGELES, CA 90049. JENNIFER E. RIVA-KIRK - 1 ALMADEN BLVD #950, SAN JOSE, CA 95113. CHUCK PACKARD - 24 CHARLOTTE, IRVINE, CA 92603-3449. THOMAS MAURO - 26662 STETSON PLACE, LAGUNA HILLS, CA 92653. ROBERT R. REDWITZ - 5520 TRABUCO ROAD, IRVINE, CA 92620. CARITAS ACQUISITIONS I LLC 5520 TRABUCO RD IRVINE CA 92620 273196236 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA 9994380 91129526 THE CARITAS CORPORATION CARITAS AFFORDABLE HOUSING INC 5520 TRABUCO RD IRVINE CA 92620 330829212 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA 501(C)(3) SCH A, LINE 9 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 CARITAS AFFORDABLE HOUSING INC B 4069 REIMBURSEMENT CARITAS AFFORDABLE HOUSING INC L 229167 REIMBURSEMENT CARITAS AFFORDABLE HOUSING INC Q 91097 REIMBURSEMENT