2014-05-13T18:56:52-05:00 2013-06-30 330783700 PDM LLP 3460 TORRANCE BLVD STE 200 TORRANCE CA 90503 990 2012-07-01 201892523 PATH VENTURES PATH 3236711300 340 N MADISON AVE LOS ANGELES CA 90004 JOHN MOLLOY 3236711300 2014-05-12 1 ANTHONY P BOZANIC CPA P01314417 3105404118 2012 2015-11-30 17:44:51Z JOHN MOLLOY 340 N MADISON AVE LOS ANGELES CA 90004 2572895 0 X WWW.PATHVENTURES.ORG X 2004 CA TO IMPROVE INDIVIDUAL LIVES AND COMMUNITIES BY INCREASING QUALITY AFFORDABLE HOUSING. 27 27 34 27 0 0 1985571 1758006 226121 733673 0 4848 0 66878 2211692 2563405 0 0 0 0 990488 1173983 0 0 76169 1416366 987406 2406854 2161389 -195162 402016 579258 1884291 695344 1260803 -116086 623488 THE ORGANIZATION'S PURPOSE IS TO DEVELOP AFFORDABLE HOUSING, PROMOTE COMMUNITY AND ECONOMIC DEVELOPMENT, AND ENCOURAGE NEIGHBORHOOD REVITALIZATION FOR LOW INCOME FAMILIES AND INDIVIDUALS. 0 0 1871733 782157 THE ORGANIZATION BUILDS AND OPERATES AFFORDABLE HOUSING AND PERMANENT SUPPORTIVE HOUSING FOR LOW INCOME AND HOMELESS SINGLE ADULTS, OLDER ADULTS, TRANSITION AGE YOUTH, AND FAMILIES WITH CHILDREN, MANY OF WHOM ARE STRUGGLING WITH MENTAL ILLNESS OR SUBSTANCE ABUSE. THE ORGANIZATION PROVIDES SUPPORTIVE SERVICES SUCH AS CASE MANAGEMENT, EMPLOYMENT ASSISTANCE, AND MENTAL HEALTH COUNSELING, TO HELP TENANTS RETAIN THEIR HOUSING. WHAT DISTINGUISHES THE ORGANIZATION IS ITS APPROACH TO MERGING REAL ESTATE DEVELOPMENT, COMMUNITY DEVELOPMENT, AND SUPPORTIVE SERVICES WITH THE HOMELESS POPULATION. 1871733 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 29 0 1 34 1 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X JOHN MOLLOY 3236711300 340 NMADISON LOS ANGELES CA 90004 HARRELD ADAMS 1.00 X 0 0 0 ELLEN EVANS AGEE 1.00 X X 0 0 0 JULIE DOWNEY 1.00 X 0 0 0 SHARON FONG 1.00 X 0 0 0 ARIS ANAGNOS 1.00 X 0 0 0 WILLIE BAILEY 1.00 X 0 0 0 TERRY BIRD 1.00 X X 0 0 0 CLAIRE WEST ORR 1.00 X 0 0 0 LAURA DIAMOND 1.00 X 0 0 0 STEVE EISNER 1.00 X 0 0 0 SHANE GOLDSMITH 1.00 X 0 0 0 MICHAEL GOLDBERG 1.00 X 0 0 0 MYRNA HANT 1.00 X X 0 0 0 KAAREN KURTZMAN 1.00 X 0 0 0 SAL MENDOZA 1.00 X 0 0 0 DONALD MORRISON 1.00 X 0 0 0 MARSHA MOUTRIE 1.00 X 0 0 0 ALISON MYERS 1.00 X 0 0 0 STANLEY SCHNEIDER 1.00 X X 0 0 0 MARYAM SHAH-HUSSEINI 1.00 X 0 0 0 BOB SHOBER 1.00 X 0 0 0 JULIE SUMMERS 1.00 X 0 0 0 EVA VOLLMER 1.00 X X 0 0 0 AMY WAKELAND 1.00 X 0 0 0 DANIELLE MORIARTY 1.00 X X 0 0 0 LINDSAY WIGGINS 1.00 X 0 0 0 MICHAEL WOLPER 1.00 X 0 0 0 JOHN MOLLOY 20.00 20.00 X 54000 101100 0 JOEL JOHN ROBERTS 4.00 40.00 X 0 175000 0 SANDY OLUWEK 4.00 40.00 X 0 90000 0 JEREMY SIDELL 4.00 40.00 X 0 121000 0 CHRISTINE M GLASCO 4.00 40.00 X 0 132842 0 54000 619942 0 0 0 1 0 0 1356421 401585 1758006 PARTNER DEVELOPER FEES 900099 726005 726005 OTHER 900099 7668 7668 733673 4848 4848 48484 0 48484 48484 48484 27884 9490 18394 18394 2563405 782157 0 23242 X 54000 16200 27000 10800 927960 818466 71196 38298 1980 1683 198 99 101810 86539 10181 5090 88233 74998 8823 4412 1668 1001 667 17500 17500 272918 232283 29110 11525 57083 42375 11854 2854 12277 10436 1228 613 29633 28880 753 10567 8980 1058 529 4277 1711 2566 7162 7162 1902 1617 190 95 11409 11409 RENT ASSISTANCE- CLIENT 437007 437007 PRE-DEVELOPMENT 56424 56424 CLIENT ASSISTANCE 25377 25377 MINOR EQUIP & FURN 24655 20956 2466 1233 17547 6800 10126 621 2161389 1871733 213487 76169 151127 228036 350821 382422 954848 24225 150 6055 5856 2101 199 23474 50984 295162 579258 1884291 164228 117997 124532 1050000 406584 92806 695344 1260803 X -116086 563963 59525 -116086 623488 579258 1884291 X 402016 -96025 433583 X X 0 1 X 1 1 1 X 736030 1135567 1754272 1885443 1758006 7269318 736030 1135567 1754272 1885443 1758006 7269318 7269318 18211 34943 61814 58303 53332 226603 13143 25017 15366 19674 18394 91594 7587515 1405800 0.95810 0.99480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6055 5856 199 199 DEPOSITS 15320 DUE FROM RELATED PARTY 223737 DUE FROM PV VERMONT, LLC 56105 295162 DUE TO RELATED PARTY 64156 DUE TO PATH CONNECTIONS, LLC 28650 92806 X 2576365 12960 12960 2563405 0 2563405 2174349 12960 12960 2161389 0 2161389 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED ON AUDIT, BASED ON TECHNICAL MERITS OF THE POSITION. TO DATE, THE ORGANIZATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED JUNE 30, 2013, THE ORGANIZATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITION. JAZZ EVENT 27884 27884 9490 27884 27884 9490 9490 18394 X X 0 0 0 0 0 0 0 0 0 JOHN MOLLOY 54000 101100 0 0 0 0 0 0 0 0 54000 101100 0 0 JOEL JOHN ROBERTS 0 175000 0 0 0 0 0 0 0 0 0 175000 0 0 PATH COMMON OFFICERS 150000 NOTE REC. 0 BEYOND SHELTER COMMON OFFICERS 25000 NOTE REC. 0 PATH COMMON OFFICERS 25000 NOTE PAY. 0 PATH COMMON OFFICERS 25000 PAYOFF N/P 0 FORM 990, PART VI, SECTION B, LINE 11 ORGANIZATION'S PROCESS TO REVIEW FORM 990 TAX RETURNS ARE PRESENTED TO THE GOVERNING BODY FOR REVIEW BEFORE THEY ARE FILED. FORM 990, PART VI, SECTION B, LINE 12C ORGANIZATION PRESENTS THE CONFLICT OF INTEREST POLICY COMPLIANCE TO EMPLOYEES UPON HIRE AND IS ANNUALLY REVIEWED AT MEETINGS WITH EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDE A REVIEW AND APPROVAL BY BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 TAX RETURN AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST OTHER FEES FORM 990, PART IX, LINE 11G PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,057. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,057. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 169,303. MANAGEMENT AND GENERAL EXPENSES 23,053. FUNDRAISING EXPENSES 11,525. TOTAL EXPENSES 203,881. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 62,980. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,980. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: TRANSFER OUT OF NET LIABILITIES FROM SUBSTANTIAL EXIT FROM PARTNERSHIP INVESTMENT IN GRAMERCY COURT, L.P. 458,319. PRIOR YEAR RECLASSIFICATION OF PREVIOUSLY RECORDED CONSOLIDATED LLCS -24,736. FORM 990. PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT.