2013-05-15T21:52:11-05:00 2012-06-30 330700332 VASQUEZ & CO LLP 801 S GRAND AVE SUITE 400 LOS ANGELES CA 90017 990 2011-07-01 952879339 SEARCH TO INVOLVE PILIPINO AMERICANS SEAR 2133821819 3200 W TEMPLE STREET LOS ANGELES CA 90026 JOEL JACINTO 2133821819 2013-05-15 GILBERT R VASQUEZ P00743144 2138731700 2011 2016-02-24 21:20:13Z JOEL JACINTO 3200 W TEMPLE STREET LOS ANGELES CA 90026 1332770 0 X WWW.ESIPA.ORG X 1973 CA TO ENHANCE THE QUALITY OF LIFE OF PILIPINO AMERICANS AND OTHER COMMUNITIES THROUGH YOUTH DEVELOPMENT, HEALTH, ECONOMIC, AND SOCIAL SERVICES. DEVELOPING AFFORDABLE HOUSING AND OTHER PROJECTS THAT PROMOTE CULTURAL IDENTITY, ECONOMIC STABILITY, SELF-SUFFICIENCY AND CIVIC PARTICIPATION. THESE INNOVATIVE PROGRANS ANS SERVICES ARE FACILITATED THROUGH COMMUNITY BASED, COLLABORATIVE RELATIONSHIPS. 19 19 32 0 0 0 1191031 1027541 0 0 0 0 68165 275703 1259196 1303244 0 0 0 0 792883 783655 0 0 47465 499054 490051 1291937 1273706 -32741 29538 1373988 1342009 1044171 994466 329817 347543 X TO ENHANCE THE QUALITY OF LIFE OF PILIPINO AMERICANS AND OTHER COMMUNITIES THROUGH YOUTH DEVELOPMENT, HEALTH, ECONOMIC, AND SOCIAL SERVICES. DEVELOPING AFFORDABLE HOUSING AND OTHER PROJECTS THAT PROMOTE CULTURAL IDENTITY, ECONOMIC STABILITY, SELF-SUFFICIENCY AND CIVIC PARTICIPATION. THESE INNOVATIVE PROGRANS ANS SERVICES ARE FACILITATED THROUGH COMMUNITY BASED, 0 0 549269 PROVIDE HEALTH AND HUMAN SERVICES THAT ASSIST AND ENCOURAGE SORROUNDING YOUTH AND THEIR FAMILIES TO MAKE POSITIVE, HEALTHY CONTRIBUTIONS TO LIFE AND SOCIETY IN SOUTHERN CALIFORNIA. 440325 THROUGH THE COMMUNITY ECONOMIC DEVELOPMENT PROGRAM OUTREACH AND CONSULTATION IS PROVIDED TO LARGELY IMMIGRANT ENTREPRENEURS, TRAINING AND TECHNICAL ASSISTANCE, WORKSHOPS AND MANAGEMENT OF AFFORDABLE MULTI-FAMILY HOUSING PROJECTS. 989594 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 32 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 CA X X MR JOEL JACINTO 2133821819 3200 W TEMPLE STREET LOS ANGELES CA 90026 GREG SANTIAGO ESQ 1.00 X X 0 0 0 ZEN LOPEZ 1.00 X X 0 0 0 LEO PANDAC PHD 1.00 X X 0 0 0 C JOE SAYAS ESQ 1.00 X X 0 0 0 NONOY ALSAYBAR 1.00 X 0 0 0 JORDANA CALIT 1.00 X 0 0 0 MARY DELA CRUZ 1.00 X 0 0 0 SONNY GANCAYCO 1.00 X 0 0 0 DWIGHT GUINTO 1.00 X 0 0 0 BENITO MIRANDA 1.00 X 0 0 0 GLORIA MORELOS 1.00 X 0 0 0 RUBEN NEPALES 1.00 X 0 0 0 CORA ORIEL 1.00 X 0 0 0 CIRILO PINLAC 1.00 X 0 0 0 JORGE PRADO 1.00 X 0 0 0 ELEANOR RAMIREZ 1.00 X 0 0 0 MALOU SANGALANG 1.00 X 0 0 0 NUNILO SOLER 1.00 X 0 0 0 DENISE WOLFE 1.00 X 0 0 0 JOEL JACINTO 40.00 X 85000 0 0 85000 0 0 0 0 0 0 0 1589 310010 715942 1027541 165071 1589 29526 135545 135545 FEES 900099 109411 109411 OTHER INCOME 900099 30747 30747 140158 1303244 140158 0 135545 85000 85000 644675 543054 69684 31937 53980 29646 22004 2330 5983 5773 210 2514 1725 621 168 10414 9458 956 7400 6142 1258 40355 40355 20967 18424 2543 21211 20467 744 CONSULTING 96797 74533 11616 10648 PROGRAM SUBCONTRACTS 94292 94292 PROPERTY TAXES 53960 53960 REPAIRS AND MAINTENANCE 28773 23714 5059 107385 77366 27637 2382 1273706 989594 236647 47465 169502 112321 84897 82413 177812 230117 225 1224367 321268 924384 903099 12286 10444 5107 3390 1373988 1342009 99816 135038 191026 150797 31961 633425 87943 708631 1044171 994466 X 329817 347543 329817 347543 1373988 1342009 X 29538 -11812 X 0 1 1 X 0 X 1039904 961067 1174419 1191031 1192612 5559033 1039904 961067 1174419 1191031 1192612 5559033 5559033 87611 68293 68165 140158 364227 5923260 0.93850 0.96110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1224367 321268 903099 0 903099 DUE TO LIMITED PARTNERSHIP 30135 DEFICIENCY IN PARTNERSHIP 6862 CURRENT PORTION OF DEFERRED REVENUE 36667 CURRENT PORTION OF NOTES PAYABLE 634967 708631 1303244 1273706 29538 -8214 -3598 -11812 17726 1965290 936420 936420 1028870 274374 274374 1303244 2400858 1401472 1401472 999386 274320 274320 1273706 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE 23701D. THE CORPORATION HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED RELATE TO THE CORPORATIONS CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE ARE UNRELATED BUSINESS INCOME ACTIVITIES THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS WILL MORE LIKELY THAN NOT (>50%) BE SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURE OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE CORPORATION FILES INFORMATION RETURNS IN THE US FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE OF DEPRECIATION -3,598. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM AFFILIATED COMPANY 936,420. PART XII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATION ENTRY 274,374. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM AFFILIATED COMPANY 1,397,874. BOOK/TAX DIFFERENCE OF DEPRECIATION EXPENSE 3,598. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ELIMINATION ENTRY 274,320. 40TH ANNIVERSARY 166660 1589 165071 20181 9345 166660 1589 165071 20181 9345 29526 135545 JOEL JACINTO SIPA'S MONTHLY MORTGAGE; UNPAID MILEAGE & EXPENSE REIMBURSEMENTS X 20000 0 0 1 0 FORM 990, PART VI, SECTION B, LINE 11 SEARCH TO INVOLVE PILIPINO AMERICANS OUTSIDE AUDITORS AND FINANCE STAFF PREPARE THE FORM 990. THE FORM IS THEN REVIEWED AND APPROVED BY THE ORGANIZATION'S CONTROLLER OR CFO AND CEO. THE FORM IS THEN SENT TO THE FULL BOARD BEFORE MAILING. FORM 990, PART VI, SECTION B, LINE 12C SEARCH TO INVOLVE PILIPINO AMERICANS (SIPA)REQUIRES ALL EMPLOYEES TO DISCLOSE, AT LEAST ANNUALLY, ALL SOURCES OF INCOME FROM COMPENSATION OR FROM OWNERSHIP OF EVERY OUTSIDE ENTITY THAT (A) SOLD, SUPPLIED OR PROVIDED SERVICES (B) OPERATED A COMPETING ENTERPRISE OR(C) PROVIDED GOODS OR SERVICES TO CYF IN THE LAST SIX MONTHS. SIPA ALSO REQUIRES ALL DIRECTORS TO ANNUALLY SIGN A STATEMENT AFFIRMING (A) RECEIPT OF SIPA CONFLICT OF INTEREST POLICY (B) UNDERSTANDING OF THE POLICY AND (C) AGREEMENT WITH THE POLICY. SIPA CONFLICT OF INTEREST POLICY DESCRIBES HOW SIPA WILL RESOLVE POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWED SEARCH TO INVOLVE PILIPINO AMERICANS CEO'S COMPENSATION. THE BOARD REVIEWED DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED NONPROFIT EXECUTIVES. THE OCCURRENCE OF THESE DELIBERATIONS ARE NOTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 SOME OR ALL OF THESE ITEMS MAYBE AVAILABLE AS PART OF A PUBLIC GRANT APPLICATION. HOWEVER, THERE IS NO PROCESS FOR MAKING THESE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: -8,214. BOOK/TAX DIFFERENCE OF DEPRECIATION -3,598. TOTAL TO FORM 990, PART XI, LINE 5: -11,812.