2013-12-15T09:47:16-06:00 2013-06-30 860750225 Keegan Linscott & Kenon PC 33 N Stone Avenue Suite 1100 Tucson AZ 85701 990 2012-07-01 860733182 The Primavera Foundation Inc PRIM 5208825383 151 W 40th Street Tucson AZ 85713 Marcy Brell 5208825383 2013-12-04 1 Carla J Keegan P00596839 5208840176 2012 2016-02-25 16:41:14Z Marcy Brell 151 W 40th Street Tucson AZ 85713 7245524 0 X www.primavera.org X 1983 AZ Primavera's programs impact over 7,500 individuals and families living in southern Arizona. Through partnerships with program participants, volunteers, neighborhoods, and a wide variety of community-based organizations, businesses and public entities, Primavera's continuum of services address the following four goals: Survivial, Stability, Security, and Sustainability. 15 15 415 1451 0 0 5665312 5568857 1120907 1468033 37355 44285 159341 116373 6982915 7197548 0 0 0 0 3453861 3759751 0 0 365682 2905469 3568085 6359330 7327836 623585 -130288 9735679 12738785 1238128 4194349 8497551 8544436 X The Primavera Foundation provides pathways out of poverty through safe, affordable housing, workforce development and neighborhood revitalization. 0 0 2330642 185110 Emergency Services - Street outreach, drop-in day centers and overnight shelters, and immediate relief for families and individuals who are homeless and recovering from economic crisis. Other services include: mail and telephone message service, eviction prevention (emergency rent or move-in assistance), food boxes, bus passes, and individual success planning. 2046176 797362 Housing Services - The Primavera Foundation currently owns and operates eleven rental housing facilities with a total of 129 rentable units in a variety of neighborhoods throughout the City of Tucson and City of South Tucson. In partnership with Pima County and the City of Tucson, Primavera also offers scattered site transitional rental housing programs in units not owned by Primavera. Varying levels of individual success planning and life skills classes are available to support those in transitional housing programs who are rebuilding their lives while recovering from homelessness, illness and/or ungrading their employment. Participation in resource specialist services and skills training (including financial education) programs is required in all transitional housing programs. Individual goals and service plans are developed with each participant, using a self-sufficiency self-evaluation process that identifies and builds upon participant strengths. Emphasis is placed on employment/income, housing, and other areas of need that will ensure self-sufficiency once participants have completed the program.Property and Asset management - The Primavera Foundation owns sixteen properties which include three office buildings, two shelters with 108 beds and 17 units, and eleven multifamily transitional and permanent rental properties with 29 units in various neighborhoods in the community. Valued at approximately $4,000,000, all properties are 100% owned without any amortizing debt. Two properties have small rehab HOME loans. Primavera's goal in developing and offering rental housing is to ensure that people have fair access to safe and affordable housing, as well as the supports necessary to achieve their maximum potential for self-sufficiency. The majority of tenants fall into the 50% of Area Median Income bracket or below. This business line is responsible for the management and maintenance of all rental and office properties. 1134074 485561 Work Force Development - Primavera's employment services assist homeless and near homeless adults learning news skills, entering or re-entering the workforce and focused on succeeding in the job market. Special emphasis is placed on job placement with veterans and ex-prisoners. A continuum of services including job readiness and retention counseling, resume building, job training, ethical day labor opportunities, and temporary and permanent job placement. 624190 Neighborhood Revitalization - Primavera began the development of a new 12 unit multifamily rental housing and community center called Las Abuelitas in 2012. The project will be completed in 2013. 176861 Community Engagement 801051 6311943 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 118 0 415 1 0 0 0 0 0 1 1 0 1 0 X 15 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AZ X X The Organization 5208825383 151 W 40th Street Tucson AZ 85713 Susan Tarrence 1.50 X X 0 0 0 David Longoria 1.00 X X 0 0 0 Joel Gastelum 1.00 X X 0 0 0 Debbie Wong 3.00 X X 0 0 0 Rosa Maria Borbon 1.00 X 0 0 0 Leslie J Cohen JD 1.00 X 0 0 0 Jan Crebbs 1.00 X 0 0 0 Doris Gilder 1.00 X 0 0 0 Leslie L Hunter 5.00 X 0 0 0 Josue Licea 0.50 X 0 0 0 Chayo Long-Mendez 1.00 X 0 0 0 John Schwarz 1.00 X 0 0 0 Joseph Scott 1.00 X 0 0 0 Andy Silverman JD 1.00 X 0 0 0 David Wohl 1.00 X 0 0 0 Peggy Hutchison 40.00 X 112716 0 0 Marcy Brell 40.00 X 80586 0 0 193302 0 0 1 0 0 0 Lloyd Construction 2180 N Wilmot Road Tucson AZ 85712 Construction 2159165 CMH Manufacturing 231 N Apache Road Buckeye AZ 85326 Construction 485586 W5 Construction 3131 N 31st Avenue Phoenix AZ 85017 Construction 209076 Poster Frost Mirto 317 N Court Ave Tucson AZ 85701 Architectural Design 161066 Old Pueblo Community Services 4501 E 5th St 1 Tucson AZ 85711 Subcontractor on Grant 110611 5 42500 215896 3040852 2269609 314570 5568857 Other Contracts 624310 485561 485561 Rental Income 624200 419384 419384 Neighborhood Revitaliz 624310 377978 377978 Client Fees 624310 185110 185110 1468033 52213 52213 1816 9744 -7928 -7928 -7928 131291 42500 38232 93059 93059 Miscellaneous Income 900099 23314 23314 23314 7197548 1468033 0 160658 3216195 2625189 400184 190822 16719 13647 2080 992 256981 196136 44927 15918 269856 220267 33578 16011 32450 32450 421747 390582 16374 14791 469574 457338 8048 4188 96822 94222 640 1960 6169 6169 408579 382865 20697 5017 Direct Client Support 1029031 1029031 Materials and Supplies 328208 200368 36493 91347 Donated Meals 307391 307391 Operating Expenses 298191 230462 44741 22988 169923 164445 3830 1648 7327836 6311943 650211 365682 572273 250702 583844 1273605 679875 403958 180136 9732 60534 70399 10162675 3305716 4690989 6856959 1718473 1909329 1249555 1964101 9735679 12738785 291903 550946 514155 2009034 394813 1595787 37257 38582 1238128 4194349 X 7264020 7124789 213068 426230 1020463 993417 8497551 8544436 9735679 12738785 -130288 177173 0 X 0 1 X 1 1 1 X 4622089 4674731 4368648 5665312 5526357 24857137 4622089 4674731 4368648 5665312 5526357 24857137 24857137 188949 34116 35249 37661 52213 348188 257951 139580 191575 199516 197105 985727 26191052 6430277 0.94910 0.94660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1020463 75000 102046 993417 1365641 153000 498178 1020463 1192264 182500 9123 1365641 1159204 33060 1192264 1109204 50000 1159204 1.00000 0 0 829220 829220 6264303 2885899 3378404 28525 22490 6035 556325 397327 158998 2484302 2484302 6856959 Bartol Family Partnership 150000 F Mutual Funds 1759329 F 1909329 Cash Restricted - Capital Purposes 139829 Work in Process 1608651 Notes Receivable - Permanent Liens 215621 1964101 Security Deposits 38582 38582 X 7412953 177173 38232 215405 7197548 0 7197548 7366068 38232 38232 7327836 0 7327836 Description of Intended Use of Endowment Funds: Part V, Line 4: Endowment funds are used to support the Organization's mission. Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The Organization is exempt from income taxes under both Federal Internal Revenue Code ("IRC") Section 501(c)(3) and Arizona income tax laws, and is classified as other than a private foundation under IRC section 509(a)(1). Accordingly, no provision is made in the financial statements for federal or state income taxes. The Organization also qualifies for the charitable contribution deduction under Section 170(b)(1)(a). Income from certain activities not directly related to the Organization's tax-exempt purpose, however may be subject to taxation as unrelated business income. Management evaluated the Organization's tax positions in accordance with the accounting standard on accounting for uncertainty in income taxes and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of the accounting standard. In addition, Management is not aware of any matters which would cause the Organization to lose its tax-exempt status. In general, the Organization is no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years before 2009. The Organization recognizes interest and penalties related to unrecognized tax benefits as accrued expenses in its accompanying financial statements. During the years ended June 30, 2013 and 2012, the Organization did not recognize any interest and penalties. Part XI, Line 2d - Other Adjustments: Special Event Expenses 38,232. Part XII, Line 2d - Other Adjustments: Special Event Expenses 38,232. Primavera Cooks! 173791 42500 131291 34510 3722 173791 42500 131291 34510 3722 38232 93059 X 1 2200 fair market value X 1 312370 blended rate - actual co 0 0 0 Form 990, Part VI, Section A, line 7a Directors are elected by members of the Board of Directors. Form 990, Part VI, Section B, line 11 The Chief Executive Officer emails the tax return to the full board asking them to review and approve it via email. Form 990, Part VI, Section B, line 12c The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Each Board member signs the conflict of interest policy when they become a board member as well as signing the policy annually. If anyone on the Board feels that they should not vote on a matter before the Board because they have a personal connection, they are expected to voice their concern. All members are fully aware of this policy. If a member sees or hears something that might be questionable, the concern is brought before the executive committee. Form 990, Part VI, Section C, line 19 The applicable documents are available upon request.