2014-03-25T18:09:45-05:00 2013-06-30 410746749 CLIFTONLARSONALLEN LLP 500 MARQUETTE NW SUITE 800 ALBUQUERQUE NM 87102 990 2012-07-01 850388252 YES HOUSING INC YESH 5059239604 104 ROMA NW ALBUQUERQUE NM 87102 AUGUSTINE C BACA 5059239604 2014-03-13 1 STEPHEN E LIVINGSTON CPA P00317845 5058428290 2012 2016-03-07 17:11:31Z AUGUSTINE C BACA 104 ROMA NW ALBUQUERQUE NM 87102 4724298 0 X WWW.YESHOUSING.ORG X 1990 NM TO BUILD AND REVITALIZE COMMUNITIES WITH QUALITY, AFFORDABLE HOUSING, ACCESSIBLE SOCIAL SERVICES, AND A DEDICATION TO BEING POSITIVE AGENTS FOR CHANGE WITHIN THE COMMUNITY. 7 5 20 6 0 0 2268283 1654279 2779383 2060321 85761 220590 0 0 5133427 3935190 9534 12924 0 0 1666855 1768797 0 0 0 3332165 3427195 5008554 5208916 124873 -1273726 26274180 27748904 9373051 11985994 16901129 15762910 X TO BUILD AND REVITALIZE COMMUNITIES WITH QUALITY, AFFORDABLE HOUSING, ACCESSIBLE SOCIAL SERVICES, AND A DEDICATION TO BEING POSITIVE AGENTS FOR CHANGE WITHIN THE COMMUNITY. 0 0 1768571 755011 OWNERSHIP AND RENTAL OF AFFORDABLE HOUSING. PROVIDED SAFE, DECENT AND AFFORDABLE HOUSING TO APPROXIMATELY 1,814 FAMILIES AND INDIVIDUALS. 778156 1081174 DEVELOPMENT OF AFFORDABLE HOUSING. DEVELOPED A 36 UNIT ACQN/REHAB TAX CREDIT RURAL DEVELOPMENT PROJECT IN LOS ALAMOS, NEW MEXICO. 1866567 12924 85232 NSP 1 & 2 PROGRAMS - SINGLE FAMILY HOUSING AQUISITION/REHAB/RESALE. ACQUIRED, REHABILITATED AND SOLD HOUSES. 237000 138904 COMMERCIAL LEASE DEVELOPMENTS FOR OTHER NON PROFITS - OFFICE BUILDING & CHARTER SCHOOL 237000 138904 4650294 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 0 0 0 0 1 1 1 0 0 0 1 42 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 NM X X X CLYDE SKINNER 5059239604 104 ROMA NW ALBUQUERQUE NM 87102 ORLANDO VIGIL 0.50 0.20 X 0 0 0 ROBERT J AVILA 0.50 X 0 0 0 WILLIAM M KNAUF 0.50 X 0 0 0 BEVERLEE MCCLURE 0.50 X 0 0 0 LAWRENCE CHAVEZ 0.50 X 0 0 0 AUGUSTINE C BACA 33.00 0.20 X X 168121 0 30094 JOSEPH R ORTEGA 45.00 5.00 X X 147745 0 24285 CLYDE S SKINNER 45.00 5.00 X 109512 0 26700 425378 0 81079 3 0 1 0 BEFORE DAYLIGHT ELECTRIC AND CONSTRUCTIO PO BOX 12725 ALBUQUERQUE NM 87195 RENOVATION OF SINGLE FAMILY HOUSES THRU 136968 HOLIDAY INN DEMING 4600 E PINE STREET DEMING NM 88030 PROVIDED SHELTER TO DISPLACED TENANTS WH 119118 2 1268216 386063 1654279 RENT 532000 705350 705350 DEVELOPMENT FEES 900099 687370 687370 RENT RELATED INCOME 532000 528109 528109 CONSTRUCTION MANAGEMEN 900099 139492 139492 2060321 157255 157255 852443 789108 63335 63335 63335 3935190 2060321 0 220590 X 12924 12924 464190 245179 219011 877026 830035 46991 60784 35577 25207 279148 158107 121041 87649 74635 13014 69548 69548 20712 13316 7396 43275 27822 15453 19331 12428 6903 38106 24499 13607 1852 1626 226 42634 27410 15224 278551 252273 26278 28834 28462 372 456959 455462 1497 412211 404705 7506 55085 51913 3172 PREDEVELOPMENT COSTS 1545899 1545899 OTHER EXPENSES 226456 215063 11393 REPAIRS, MAINTENANCE & 134146 116485 17661 TRAINING 41015 36945 4070 12581 9981 2600 5208916 4650294 558622 0 165871 119934 1286439 1914090 195602 215734 3508906 6445489 25344 21150 12549439 3112381 9467987 9437058 3061647 2527235 5561768 4019561 65752 61922 2934864 2986731 26274180 27748904 542017 684132 0 86513 5865072 11184113 2965962 31236 9373051 11985994 X 16901129 15762910 16901129 15762910 26274180 27748904 X -1273726 -23271 158778 X X 0 1 X 1 1 1 X 616442 614300 2203011 2268283 1654279 7356315 616442 614300 2203011 2268283 1654279 7356315 7356315 288608 244624 214057 145600 157255 1050144 5858 5858 8412317 8661104 0.87450 0.80000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2645807 2645807 5178897 2458782 2720115 3910873 311237 3599636 813862 342362 471500 9437058 LP INVESTMENTS 1110259 C DEVELOPMENT FEES RECEIVABLE 2697811 C PREDEVELOPMENT CAPITALIZED COSTS 206596 C WORK IN PROCESS 4895 C 4019561 YES-AZ INTERCOMPANY 2986731 2986731 SECURITY DEPOSITS/PREPAID RENT 31236 31236 1 SCHOLARSHIPS 9 12924 CASH PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION HAS TWO SCHOLARSHIP/EDUCATIONAL PROGRAMS. ONE PROGRAM IS AN EMPLOYEE EDUCATIONAL ASSISTANCE PLAN THAT IS INTENDED TO QUALIFY UNDER IRC SEC 127 THAT COVERS EMPLOYEES ONLY. THIS PLAN REQUIRES THAT THE EMPLOYEES REMAIN ACTIVELY EMPLOYED AND MUST HAVE SATISFACTORY JOB PERFORMANCE THROUGH COMPLETION OF EACH COURSE. IN ADDITION, THE EMPLOYEE MUST FURNISH YES WITH RECEIPTS FOR QUALIFYING EXPENDITURES, PROOF OF REGISTRATION AND, AT THE END OF THE COURSE, THE EMPLOYEE MUST PROVIDE PROOF OF A MINIMUM 2.0 OR PASSING GRADE BEFORE THEY CAN APPLY FOR ADDITIONAL ASSISTANCE. THE SECOND PROGRAM IS A SCHOLARSHIP FUND COVERING THE SPOUSES, CHILDREN, SON-IN-LAW OR DAUGHTER-IN-LAW OF THOSE ACTIVELY INVOLVED AS A MEMBER OF THE YES ORGANIZATION AND ITS MISSION. DOCUMENTATION REQUIRIED INCLUDES PROOF OF ENROLLMENT IN A POST SECONDARY SCHOOL OF HIGHER EDUCATION, COPIES OF RECEIPTS FOR QUALIFIED EXPENSES UNLESS THE QUALIFIED EXPENSES ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION AND, IN ORDER TO BE CONSIDERED ELIGIBLE FOR AN ADDITIONAL SCHOLARSHIP AWARD, THE RECIPIENT MUST SHOW PROOF OF SUCESSFULLY COMPLETING THE PREVIOUSLY FUNDED COURSE AND MAINTAINING A 2.0 GRADE POINT AVERAGE PER SEMESTER. X X X X 0 1 0 0 0 0 0 0 0 AUGUSTINE C BACA 162253 0 1015 0 4853 0 29484 0 610 0 198215 0 0 0 JOSEPH R ORTEGA 143886 0 1015 0 2844 0 23389 0 896 0 172030 0 0 0 PART I, LINE 4B THE FOLLOWING EMPLOYEES PARTICIPATED IN A 457(B) PLAN: AUGUSTINE C. BACA $16,466 JOSEPH R. ORTEGA $14,602 CLYDE S. SKINNER $10,739 STACY ORTEGA DAUGHTER OF DIRECTOR AND EXECUTIVE VICE PRESIDENT 2000 SCHOLARSHIP GRANT SCHOLARSHIP AUGUSTINE BACA CEO OF YOUTH DEVELO CEO OF YDI IS ALSO THE CEO OF YES HOUSING, INC. 117130 YDI LEASES OFFICE SPACE FROM YES HOUSING AT FAIR MARKET VALUE. YES HOUSING ALSO LEASES OFFICE SPACE FROM YDI AT FAIR MARKET VALUE. 0 ROBERT AVILA DIRECTOR OF YOUTH DEV DIRECTOR OF YDI IS ALSO THE VICE CHAIR OF YES HOUSING, INC. 117130 YDI LEASES OFFICE SPACE FROM YES HOUSING AT FAIR MARKET VALUE. YES HOUSING ALSO LEASES OFFICE SPACE FROM YDI AT FAIR MARKET VALUE. 0 FORM 990, PART VI, SECTION A, LINE 2 ROVERT AVILA IS A DIRECTOR FOR YDI. AUGUSTINE BACA IS THE CEO FOR YDI. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT A REGULARILY SCHEDULED MEETING BY THE CPA AUDIT FIRM WHO PREPARED THE RETURN. THE BOARD WILL APPROVE BY RESOLUTION THE FORM 990 RETURN PRIOR TO THE SIGNING AND FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED BY EACH MEMBER OF THE BOARD, OFFICERS, AND KEY EMPLOYEES EVERY YEAR. THE STATEMENT EXPLAINS THE TERMS AND ASKS FOR DETAILS REGARDING ANY CONFLICT. IF A CONFLICT ARISES WHICH RELATES TO AN EMPLOYEE, IT IS REVIEWED BY THE CEO AND THEN IS PRESENTED TO THE INDEPENDENT MEMBERS OF THE BOARD IF NECESSARY. IF A CONFLICT ARISES WHICH RELATES TO A BOARD MEMBER, IT IS REVIEWED BY THE CHAIRMAN OF THE BOARD AND THEN PRESENTED TO THE INDEPENDENT MEMBERS OF THE BOARD IF NECESSARY. A PERSON WITH A CONFLICT IS NOT ALLOWED TO VOTE ON SUCH TRANSACTIONS. BI-WEEKLY MANAGEMENT AND MONTHLY STAFF MEETINGS ARE USED TO DISCUSS ONGOING OR POTENTIAL DEVELOPMENTS WHERE ANY CONFLICT OF INTEREST HAS BEEN IDENTIFIED AND DISCLOSURE PROCEDURES ARE INITIATED. FORM 990, PART VI, SECTION B, LINE 15 AT THE MARCH 2009 BOARD MEETING, THE CEO PRESENTED THE BOARD WITH SEVERAL COMPENSATION REPORTS USED TO DETERMINE THE REASONABLENESS OF THE TOP MANAGEMENT POSITIONS IN THE ORGANIZATION. THE BOARD INDICATED THAT THE TOP MANAGEMENT COMPENSATION LEVELS WERE JUST AND CONFORMING TO CURRENT MARKETS BUT REFERRED THE CEO'S COMPENSATION TO THE INDEPENDENT WAGE AND COMPENSATION COMMITTEE. THE COMMITTEE MET AND REVIEWED SEVERAL COMPENSATION REPORTS AND STUDIES CONSISTING OF THE SEPTEMBER 2008 GUIDESTAR COMPENSATION REPORT; FORM 990'S FROM OTHER LIKE ENTITIES; THE NEW MEXICO BUSINESS WEEKLY DATED DECEMBER 2008; NON-PROFITS RANKED BY INCOME; AND THE NM DOL SALARY SURVEYS. THE COMMITTEE RECOMMENDED APPROVAL AND THE BOARD APPROVED THE CEO COMPENSATION AT THE APRIL 15, 2009 BOARD MEETING. THE BOARD DETERMINED THAT THE CEO'S COMPENSATION WILL BE REVIEWED EVERY THREE (3) YEARS. THE APPROVAL PROCESS WAS DOCUMENTED. THE COMPENSATION COMMITTEE (CEO, EVP, VP/CFO) REVIEWED SEVERAL COMPENSATION REPORTS AND STUDIES CONSISTING OF THE 2009 GUIDESTAR COMPENSATION REPORT; ROBERT HALF 2010 SALARY GUIDE; FORM 990'S FROM OTHER LIKE ENTITIES; NM DOL SURVEYS; AND ALSO COMMUNICATED WITH SENIOR MANAGEMENT OF SIMILAR ORGANIZATIONS TO DETERMINE THE REASONABLENESS OF KEY EMPLOYEES. IT WAS DETERMINED THAT BASED ON COMPARABLE DATA AND COMPENSATION REPORTS, KEY EMPLOYEE SALARIES WERE WITHIN REASON AND CONFORMING TO THE CURRENT MARKET. EACH KEY EMPLOYEE'S SALARY IS REVIEWED DURING EACH ANNUAL REVIEW. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND MOST RECENT AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.YESHOUSING.ORG AND ARE ALSO MADE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CAPITAL CONTRIBUTION TO LPS 158,778. FORM 990, PAGE 12 PART XII, QUESTION 2C THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. STATEMENT OF ELECTION UNDER IRC SEC. 168(H)(6)(F)(II): THE FOLLOWING TAXPAYERS HEREBY ELECT TO BE TREATED AS A TAXABLE ENTITY FOR CERTAIN PURPOSES PURSUANT TO INTERNAL REVENUE CODE SEC. 168(H)(6)(F)(II): YES CASITAS, LLC 104 ROMA AVE NW ALBUQUERQUE, NM 87102 FEIN: 45-5548512 YES MESA DEL NORTE APARTMENTS, LLC 104 ROMA AVE NW ALBUQUERQUE, NM 87102 FEIN: 45-5247868 YES BRENTWOOD GARDENS APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 850483745 AFFORDABLE HOUSING NM -6 773576 YES HOUSING INC YES MONTANA MEADOWS APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 850480048 AFFORDABLE HOUSING NM -2 436068 YES HOUSING INC YES WILDEWOOD APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 850475448 AFFORDABLE HOUSING NM -1 251032 YES HOUSING INC YES APPLE RIDGE APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 721526695 AFFORDABLE HOUSING NM -1 29522 YES HOUSING INC YES VISTA GRANDE APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 450514260 AFFORDABLE HOUSING NM -242872 -296317 YES HOUSING INC YES 1ST AND ROMA LLC 104 ROMA NW ALBUQUERQUE NM 87102 270981070 AFFORDABLE HOUSING NM 0 0 YES HOUSING INC YES NSP LLC 104 ROMA NW ALBUQUERQUE NM 87102 270843963 AFFORDABLE HOUSING NM 0 0 YES HOUSING INC YES LA HACIENDA LLC 104 ROMA NW ALBUQUERQUE NM 87102 272931718 AFFORDABLE HOUSING NM 138979 2199240 YES HOUSING INC YES HOUSING OF ARIZONA INC 104 ROMA NW ALBUQUERQUE NM 87102 721534324 AFFORDABLE HOUSING AZ 501(C)(3) PUBLIC CHARITY YES HOUSING INC 0 OTERO VILLAGE LP 104 ROMA NW ALBUQUERQUE NM 87102 860963359 AFFORDABLE HOUSING NM YES HOUSING INC RELATED -12 197 0 1 0.01000 APPLE RIDGE APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 721526697 AFFORDABLE HOUSING NM YES APPLE RIDGE APTS LLC RELATED 1 450 0 1 0.01000 BRENTWOOD GARDENS APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 850483988 AFFORDABLE HOUSING NM YES BRENTWOOD GARDENS APTS LLC RELATED 631 0 1 0.01000 MONTANA MEADOWS APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 850480049 AFFORDABLE HOUSING NM YES MONTANA MEADOWS APTS LLC RELATED 3 403 0 1 0.01000 WILDEWOOD APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 850475523 AFFORDABLE HOUSING NM YES WILDEWOOD APTS LLC RELATED 2 310 0 1 0.01000 VISTA GRANDE APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 412096157 AFFORDABLE HOUSING NM YES VISTA GRANDE APTS LLC RELATED -24 465 0 1 0.01000 BELLA VISTA TOWNHOMES LP 104 ROMA NW ALBUQUERQUE NM 87102 260727608 AFFORDABLE HOUSING NM YES BELLA VISTA APTS LLC RELATED -17 550 0 1 0.00670 ROSWELL SUMMIT APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 260524103 AFFORDABLE HOUSING NM YES ROSWELL SUMMIT APTS LLC RELATED -9 391 0 1 0.01000 LOS TRES APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 870744393 AFFORDABLE HOUSING AZ YES LOS TRES LLC RELATED -86 1958 0 1 0.01000 YES LOS TRES LLC 104 ROMA NW ALBUQUERQUE NM 87102 202786022 AFFORDABLE HOUSING AZ YES OF ARIZONA LLC RELATED 0 1 0.00700 YES DEMING MOUNTAIN VIEW APARTMENTS LLLP 104 ROMA NW ALBUQUERQUE NM 87102 274067014 AFFORDABLE HOUSING NM YES MOUNTAIN VIEW APTS LLC RELATED -18 671 0 1 0.01000 MESA DEL NORTE APARTMENTS LLLP 104 ROMA NW ALBUQUERQUE NM 87102 371692664 AFFORDABLE HOUSING NM YES MESA DEL NORTE APTS LLC RELATED 533 0 1 0.01000 CASITAS DE COLORES LLC 104 ROMA NW ALBUQUERQUE NM 87102 273886246 AFFORDABLE HOUSING NE YES CASITAS APARTMENTS LLC RELATED 0 1 0.00510 YES BELLA VISTA APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 260727524 AFFORDABLE HOUSING NM YES HOUSING INC C -36 50986 1.00000 0 YES ROSWELL SUMMIT APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 200524004 AFFORDABLE HOUSING NM YES HOUSING INC C -16 34 1.00000 0 YES OF ARIZONA LLC 104 ROMA NW ALBUQUERQUE NM 87102 204086794 AFFORDABLE HOUSING AZ YES HOUSING OF ARIZONA INC C -61 1.00000 0 YES MOUNTAIN VIEW APARTMENTS 104 ROMA NW ALBUQUERQUE NM 87102 273982257 AFFORDABLE HOUSING NM YES HOUSING INC C -25 75 1.00000 0 YES MESA DEL NORTE APARTMENTS 104 ROMA NW ALBUQUERQUE NM 87102 455247868 AFFORDABLE HOUSING NM YES HOUSING INC C 1.00000 0 YES CASITAS APARTMENTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 455548512 AFFORDABLE HOUSING NM YES HOUSING INC C 76 1.00000 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0