2015-05-14T14:07:41-05:00 2014-06-30 941250261 LINDQUIST VON HUSEN & JOYCE LLP 90 NEW MONTGOMERY STREET 11TH FLOOR SAN FRANCISCO CA 94105 990 2013-07-01 770545135 HOUSING TRUST SILICON VALLEY (FORMERLY HOUSING TRUST OF SANTA CLARA) HOUS 4084363450 95 S MARKET ST NO 610 SAN JOSE CA 95113 KEVIN ZWICK CEO 4084363450 2015-05-14 ALEXIS H WONG P00604756 4159579999 2013 2016-03-07 17:11:31Z KEVIN ZWICK 95 S MARKET ST NO 610 SAN JOSE CA 95113 6174208 0 X WWW.HOUSINGTRUSTSV.ORG X 2000 CA THE HOUSING TRUST SILICON VALLEY MAKES LOANS AND GRANTS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING WITHIN SANTA CLARA COUNTY, ASSISTING FIRST TIME HOMEBUYERS, PREVENTING HOMELESSNESS AND STABILIZING NEIGHBORHOODS. 14 14 17 0 0 0 9471873 4840985 99922 184817 453977 692827 117782 149350 10143554 5867979 7930419 2050622 0 0 1345431 1388318 0 0 147205 616188 857264 9892038 4296204 251516 1571775 39771200 46030874 5874724 10482580 33896476 35548294 X THE MISSION OF THE HOUSING TRUST SILICON VALLEY IS TO MAKE SILICON VALLEY A MORE AFFORDABLE PLACE TO LIVE. THE HOUSING TRUST MAKES LOANS AND GRANTS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING, ASSIST FIRST-TIME HOMEBUYERS, PREVENT HOMELESSNESS AND STABILIZE NEIGHBORHOODS. 0 0 1010004 111759 99125 AFFORDABLE MULTI-FAMILY RENTAL PROGRAM - THE PROGRAM IS DESIGNED TO HELP CREATE AFFORDABLE MULTI-FAMILY RENTAL HOUSING UNITS IN COMMUNITIES THROUGHOUT SILICON VALLEY THROUGH GRANTS AND LOANS TO QUALIFIED DEVELOPERS OF AFFORDABLE MULTI-FAMILY 1062484 762135 HOMELESS AND SPECIAL NEEDS PROGRAM - THE PROGRAM IS DESIGNED TO HELP PREVENT HOMELESSNESS IN CITIES ACROSS SILICON VALLEY THROUGH GRANTS AND LOANS TO QUALIFIED DEVELOPERS OF HOUSING FOR THE HOMELESS AND/OR THOSE WITH SPECIAL NEEDS. 1444444 1167613 NEIGHBORHOOD STABILIZATION AND FORECLOSURE MITIGATION PROGRAMS: HOUSING TRUST WAS AWARDED $25,000,000 IN NSP 2 GRANT FUNDS FROM HUD IN 2010. LEADING THE SAN JOSE CONSORTIUM, HOUSING TRUST GRANTED FUNDS TO SUB-RECIPIENT, CITY OF SAN JOSE, FOR THE ACQUISITION AND REHABILITATION OF FORECLOSED AND ABANDONED HOMES FOR RESALE TO LOW AND MODERATE INCOME HOUSEHOLDS. IN ADDITION HOUSING TRUST PROVIDED INFORMATION AND REFERRAL SERVICES TO ASSIST FAMILIES IMPACTED BY FORECLOSURE NAVIGATE THROUGH THE FORECLOSURE PROCESS. SERVICES PROVIDED INCLUDE PREVENTION, INTERVENTION AND FAMILY RE-STABILIZATION. 510065 9115 85692 HOMEBUYER PROGRAM - HOUSING TRUST OFFERS THE DOWNPAYMENT ASSISTANCE PROGRAM, MORTGAGE ASSISTANCE PROGRAM, AND CLOSING COST ASSISTANCE PROGRAM, AND EQUITY SHARE CO-INVESTMENT PROGRAM TO HELP QUALIFIED HOMEBUYERS IN SANTA CLARA COUNTY WITH SECOND MORTGAGE, DOWNPAYMENT AND CLOSING COSTS. 510065 9115 85692 4026997 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 174 0 17 1 0 0 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 1 0 CA X X THE ORGANIZATION 4084363450 95 S MARKET STREET STE 610 SAN JOSE CA 95113 LINDA MANDOLINI DIRECTOR 1.00 0.00 X X 0 0 0 JOHN BARTON CHAIR 1.00 0.00 X X 0 0 0 SPARKY HARLAN SECRETARY 1.00 0.00 X X 0 0 0 ROBERT SHERRARD TREASURER 1.00 0.00 X X 0 0 0 PHILIP BOYCE DIRECTOR 1.00 0.00 X 0 0 0 HON MARGARET ABE-KOGA DIRECTOR 1.00 0.00 X 0 0 0 JOHN PAUL BRUNO DIRECTOR 1.00 0.00 X 0 0 0 JONATHAN EMAMI DIRECTOR 1.00 0.00 X 0 0 0 HON DANIEL FURTADO DIRECTOR 1.00 0.00 X 0 0 0 JOHN MCLEMORE DIRECTOR 1.00 0.00 X 0 0 0 HON STEVE TATE DIRECTOR 1.00 0.00 X 0 0 0 HON ASH KALRA DIRECTOR 1.00 0.00 X 0 0 0 HON DIANE MCNUTT DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN KING SECOND VICE-CHAIR 1.00 0.00 X 0 0 0 LESLEE GUARDINO DIRECTOR 1.00 0.00 X 0 0 0 QUINCY VIRGILIO DIRECTOR 1.00 0.00 X 0 0 0 RON HAHR DIRECTOR 1.00 0.00 X 0 0 0 CANDICE GONZALEZ FIRST VICE-CHAIR 1.00 0.00 X 0 0 0 ERIN BRENNOCK DIRECTOR 1.00 0.00 X 0 0 0 SHILOH BALLARD DIRECTOR 1.00 0.00 X 0 0 0 GEORGE BROWN DIRECTOR 1.00 0.00 X 0 0 0 KEVIN ZWICK CEO 40.00 0.00 X 175962 0 24637 MAUREEN SHILLING CFO 40.00 0.00 X 125520 0 26301 301482 0 50938 2 0 1 0 0 4170516 670469 4840985 PROGRAM SERVICE FEE 531390 184817 184817 184817 688560 688560 248229 243962 4267 4267 4267 211617 62267 149350 149350 5867979 184817 0 842177 1355948 1355948 694674 694674 363981 312699 26076 25206 778276 668341 55816 54119 47086 41103 3461 2522 118964 102462 8469 8033 80011 69205 5063 5743 23329 19399 1358 2572 91697 79526 4206 7965 60490 50301 3521 6668 22824 18642 1024 3158 82192 70439 4061 7692 16590 15393 245 952 9802 9120 149 533 80539 80539 13852 11519 806 1527 21303 18633 922 1748 PROVISION FOR LOAN LOSS 237557 237557 OUTSIDE COMPUTER SERVIC 36894 31466 1876 3552 PROGRAM ADMINISTRATION 32050 31093 285 672 AUTO MILAGE AND PARKING 22292 19252 894 2146 105853 89686 3770 12397 4296204 4026997 122002 147205 8080141 9463036 1179710 643075 42272 33065 29095365 30233541 21580 25132 116212 82315 33980 33897 4116936 1318152 1482192 39771200 46030874 280145 187065 570912 138007 258896 1459816 4763104 5600000 1667 3097692 5874724 10482580 X 26024856 26091471 7871620 9456823 33896476 35548294 39771200 46030874 1571775 80043 0 X X 0 1 X 1 1 1 X 2691709 12910657 16216841 9471873 4840985 46132065 2691709 12910657 16216841 9471873 4840985 46132065 46132065 191945 249414 360788 453977 688560 1944684 48076749 591171 0.95960 0.96360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51554 32522 19032 64658 49793 14865 33897 INVESTABLE RESIDUAL 554023 C PROGRAM SPENDING RESERVE 3039789 C LONG TERM OPERATING RESERVE 523124 C 4116936 INTEREST PAYABLE 1667 LOAN SERVICING LIABILITY 22219 NON-RECOURSE BANK LOAN CAPITAL 3073806 3097692 X 5948022 80043 80043 5867979 0 5867979 4296204 0 4296204 0 4296204 PART X, LINE 2: HOUSING TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HOUSING TRUST'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2010 THROUGH 2013 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. LUNCHEON FUNDRAISER 211617 211617 62267 211617 211617 62267 62267 149350 1 CITY OF SAN JOSE 200 EAST SANTA CLARA STREET SAN JOSE CA 95113 946000419 CITY GOVERNMENT 1112402 NSP2 PASS THROUGH GRANT LAW FOUNDATION OF SILICON VALLEY 152N 3RD STREET 3RD FL SAN JOSE CA 95112 521014754 NON PROFIT 109834 FORECLOSUREHELP PASS THROUGH GRANT AND SEQUESTER EVICTION PREVENTION PROGRAM NEIGHBORHOOD HOUSING SERVICES SV 31N 2ND STREET SUITE 300 SAN JOSE CA 95113 770413992 NON PROFIT 13712 NSP2 PASS THROUGH GRANT AND FORECLOSUREHELP PASS THROUGH GRANT NON PROFIT HOUSING ASSOCIATION OF NORTHERN CALIFORNIA 369 PINE STREET SUIT 350 SAN FRANCISCO CA 94104 942741597 NON PROFIT 10000 SUBGRANT FOR FEASIBILITY PROJECT SILICON VALLEY LEADERSHIP GROUP 2001 GATEWAY PLACE SUITE 101E SAN JOSE CA 95110 942460352 NON PROFIT 10000 SUBGRANT FOR FEASIBILITY PROJECT SENIOR HOUSING SOLUTIONS CO CHARITIES HOUSING 1400 PARKMOOR AVE STE 190 SAN JOSE CA 95126 942619024 100000 BOOK DEBT FORGIVENESS TO SUPPORT NON PROFIT ACTIVITIES OF THE ORGANIZATION 6 0 FINALLY HOME GRANT PROGRAM - THIS PROGRAM PROVIDES ASSISTANCE TO INDIVIDUALS AND FAMILIES MOVING FROM HOMELESSNESS OR UNSUITABLE HOUSING INTO PERMANENT SUSTAINABLE HOUSING IN THE FORM OF SECURITY DEPOSIT ASSISTANCE GRANTS. 300 694674 PART I, LINE 2: THE ORGANIZATION PUBLISHES INITIAL GRANT GUIDELINES AND ACCEPTS APPLICATIONS FROM QUALIFIED ORGANIZATIONS. THE PROGRAM COMMITTEE REVIEWS ALL GRANT APPLICANTS AND APPROVES THE AWARD OF ALL GRANTS. THE RECIPIENT ORGANIZATION MUST REPORT MONTHLY THE STATUS OF ALL GRANT FUNDS RECEIVED AND THE WAY IN WHICH THESE FUNDS HAVE BEEN DISBURSED IN ACCORDANCE WITH THE INITIAL PURPOSE. X X X X 0 0 0 0 0 0 0 0 0 KEVIN ZWICK CEO 175962 0 0 0 0 0 8457 0 16180 0 200599 0 0 0 MAUREEN SHILLING CFO 125520 0 0 0 0 0 6459 0 19842 0 151821 0 0 0 TREE HOUSE APARTMENTS LP BOARD MEMBER IS EXEC. DIRECTOR OF ORG. SERVING AS GP IN LIMITED PARTNERSHIP 350000 RELATED PARTY LOAN 0 HILLVIEW GLEN APTS BOARD MEMBER IS EXEC. DIRECTOR OF ORG. SERVING AS GP IN LIMITED PARTNERSHIP 387664 RELATED PARTY LOAN 0 PALO ALTO FAMILY LP BOARD MEMBER IS EXEC. DIRECTOR OF ORG. SERVING AS GP IN LIMITED PARTNERSHIP 500000 RELATED PARTY LOAN 0 PEACOCK COMMONSBILL WILSON CENTER BOARD MEMBER IS EXEC. DIRECTOR OF ORG. SERVING AS GP IN LIMITED PARTNERSHIP 500000 RELATED PARTY LOAN 0 FORD ROAD FAMILY HOUSING LP BOARD MEMBER IS EXEC. DIRECTOR OF ORG. SERVING AS GP IN LIMITED PARTNERSHIP 500000 RELATED PARTY LOAN 0 BRENTWOOD SENIOR COMMONS LP BOARD MEMBER IS EXEC. DIRECTOR OF ORG. SERVING AS GP IN LIMITED PARTNERSHIP 44998 RELATED PARTY LOAN 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED FOR FILING BY THE FINANCE COMMITTEE. THE ENTIRE BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO FILING IN SUFFICIENT TIME TO POSE ANY QUESTIONS OR GIVE COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. NEW BOARD MEMBERS OR THOSE BEING CONSIDERED ARE EVALUATED TO SEE IF THERE EXIST ANY CONFLICT OF INTEREST. EMPLOYEES MUST ALSO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. IF THE BOARD IS EVALUATING A BUSINESS DEALING WITH AN ENTITY THAT A BOARD MEMBER HAS SOME INVOLVEMENT, THE BOARD MEMBER RECUSES THEMSELVES FROM ALL DISCUSSION AND FROM VOTING. IN ADDITION THE BOARD MEMBER ALSO EXCUSED THEMSELVES FROM THE MEETING TO ALLOW OTHER MEMBERS TO DISCUSS THE DEAL CANDIDLY. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE RELIES UPON SALARY SURVEY DATA TO DETERMINE THE REASONABLENESS OF THE COMPENSATION OF THE EXECUTIVE DIRECTOR. ADDITIONALLY THE PERSONNEL COMMITTEE PERIODICALLY ENGAGES A CONSULTANT TO PERFORM A COMPENSATION STUDY FOR THE CEO, CFO AND CLO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION OFFICES WHICH ARE AVAILABLE FOR INSPECTION MON TO FRI, 9AM TO 5PM. FORM 990, PART XII, LINE 2C THE COMMITTEE'S OVERSIGHT PROCESS OF THE AUDIT AND THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED. LTOA LLC 95 S MARKET STREET SUITE 610 SAN JOSE CA 95113 AFFORDABLE HOUSING CA 0 0 HOUSING TRUST SILICON VALLEY