2012-03-31T10:20:49-07:00 2011-06-30 GTL LLP 12800 RIVERSIDE DR 3RD FL STUDIO CITY CA 916073331 990 2010-07-01 954531076 EAST L A COMMUNITY CORPORATION EAST 3232694214 530 SOUTH BOYLE AVENUE LOS ANGELES CA 90033 Maria Cabildo 2012-02-08 FABIO VASCO 8185090066 2010 2016-02-24 21:20:13Z 3042406 false false X www.elac.org X 1995 CA ELACC's mission is to develop quality affordable housing for low income families; to foster self-sufficient households by promoting neighborhood asset building and preservation through homeownership opportunities; and to provide financial literacy.In addition, ELACC provides social and economic justice with a lasting and united voice. The company is also committed to the self sufficiency and empowerment of the residents of Los Angeles Eastside. X 11 11 28 3 0 1196949 2073814 1598577 968592 0 0 2795526 3042406 0 0 1239491 1321282 0 136870 1670554 1212306 2910045 2533588 -114519 508818 20424762 13137741 13834616 6038777 6590146 7098964 ELACC's mission is to develop quality affordable housing for low income families; to foster self-sufficient households by promoting neighborhood asset building and preservation through homeownership opportunities; and to provide financial literacy.In addition, ELACC provides social and economic justice with a lasting and united voice. The company is also committed to the self sufficiency and empowerment of the residents of Los Angeles Eastside. false false 1770594 1814786 334660 ELACC HAS THE FOLLOWING PROJECTS IN THE WORKS:-COMPLETED CONSTRUCTION ON LAS MARGARITAS APARTMENTS, 42 UNITS-CONTINUED CONSTRUCTION ON CUATRO VIENTOS APARTMENTS, 25 UNITS-CONTINUED CONSTRUCTION ON BOYLE HOTEL APARTMENTS, 51 UNITS-CONTINUED CONSTRUCTION ON WOODS FAMILY HOUSING, 60 UNITS-SUBMITTED APPLICATIONS FOR BESWICK SENIOR APARTMENTS, 33 UNITS-WORKING WITH CITY OF SANTA FE SPRINGS FOR PROJECT OF 48 SINGLE FAMILY HOMES-ACQUIRED SITE TO DEVELOP A LARGE AFFORDABLE HOUSING PROJECT-ACQUIRED COMMERCIAL SITE TO DEVELOP 53 UNITS OF AFFORDABLE HOUSING-WORKING TO ACQUIRE 2 PROPERTIES FROM LAHD TO OWN AND OPERATE 8 UNITSELACC SERVED OVER 2,000 RESIDENTS THROUGH ALL OUR PROGRAMS AND PROJECTS:-INFORMED OVER 1,300 RESIDENTS ON COMMUNITY PLANNING EFFORTS INCLUDING BUILDING BOYLE HEIGHTS, PROMISE NEIGHBORHOODS, LIVING STREETS-ELACC CAMPAIGNS: STREET VENDOR, BOYLE HEIGHTS COMMUNITY PLAN, AIR QUALITY AND METRO-COMPLETION OF OUR 6TH ANNUAL SEMBRADORES LEADERSHIP ACADEMY-SECURED COMMITMENT FROM CITY PLANNING DEPARTMENT, COUNCIL MEMBER JOSE HUIZAR, AND MAYOR ANTONIO VILLARAIGOSA TO PRIORITIZE THE BOYLE HEIGHTS COMMUNITY PLAN-LAUNCHED ALLIANCE FOR COMMUNITY TRANSIT LA WITH HOST COMMITTEE. THIS IS A REGIONAL ALLIANCE TO ENSURE TRANSIT ORIENTED DEVELOPMENT INCLUDES EQUITY AND COMMUNITY ENGAGEMENTCOMMUNITY WEALTH-OVER 600 FAMILIES RECEIVING INFORMATION ON OUR WEALTH BUILDING PROGRAMS-DEVELOPED A MATCHING SAVINGS PROGRAM BASED ON FOCUS GROUPS WITH COMMUNITY MEMBERS. LANZATE WILL LAUNCH IN DECEMBER 2011REAL ESTATE DEVELOPMENT/HOUSING-67 FAMILIES HAVING A NEW HOME AT ONE OF OUR TWO NEW AFFORDABLE RENTAL SITES: LAS MARGARITAS AND CUATRO VIENTOS. GREW OUR HOUSING FROM 149 TO 228-ACQUIRED A NEW SITE FOR UP TO 52 AFFORDABLE RENTAL UNITS 446539 575777 ELACC PROVIDES AFFORDABLE HOUSING TO LOW INCOME FAMILIES IN THE COMMUNITY IT SERVES.TENANT SERVICESOUR TENANT SERVICES PROGRAMS FOCUS ON HELPING OUT CLIENTS BETTER ADRESS THEIR DAY TO DAY STRUGGLES, WHETHER THEY BE A LACK OF AFFORDABLE CHILDCARE OPTIONS, POOR ENGLISH SKILLS OR ISOLATION IN THEIR COMMUMITY.-AFTER SCHOOL PROGRAM AND PROGRAM FOR YOUTH-WORKSHOPS AND CLASSES ON HEALTH, IMMIGRATION, FINANCIAL LITERACY, AND DEVELOPING ENGLISH LANGUAGE SKILLS-PARTNERSHIPS WITH IN HOUSE CHARTER SCHOOL AND CHILDCARE PROVIDERS-TENANT ACTION COMMITTEES TO INCREASE ENGAGEMENT WITH DEVELOPMENTS THROUGH PROJECTS SUCH AS BUILDING AND MAINTAINING A COMMUNITY GARDEN, OR AN OUTDOOR SPORTS COURT-REBRANDED THE YOUTH PROGRAM AT OUR AFFORTABLE HOUSING SITES THROUGH ONE-TO-ONES, EDUCATIONAL WORKSHOPS, AND SOCIAL EVENTS-ESTABLISHED VOLUNTEER PROGRAM GROWING FROM 8 HOURS OF VOLUNTEER HOURS THE PREVIOUS YEAR TO 200 HOURS 2217133 true true false false false false false false false false true false false true true false true true false false false false false false false false false false false false false false false false false false false false false false false false false false true true true false false false false true 54 0 false 28 true false false false false false false false false false false false 0 false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true true true true true false false false X PETER CHU 3236292702 530 SOUTH BOYLE AVENUE LOS ANGELES CA 90033 PETER CHU 40.00 X 99156 0 0 MARIA CABILDO 40.00 X X 120283 0 0 LYNN HANSEN 1.00 X 0 0 0 LETICIA ANDRADE 1.00 0 0 0 LAURA BARRERA 1.00 0 0 0 IRMA PADILLA 1.00 0 0 0 GUILLERMINA GONZALEZ 1.00 0 0 0 FRANCINE FLORES 1.00 0 0 0 Ernesto Espinosa 40.00 X 79229 0 0 ERIKA VILLABLANCA 40.00 62024 0 0 DESOLINA AVILA 1.00 0 0 0 CESAR MARENCO 40.00 79488 0 0 ARACELI SANDOVAL 1.00 0 0 0 ALFREDO IZMAJTOVICH 1.00 X 0 0 0 ALFRED FRAIJO 1.00 X 0 0 0 440180 1 false false false 0 2073814 2073814 PROGRAM SERVICE INCOME 958204 958204 INTEREST INCOME 10388 10388 968592 0 0 0 0 0 0 0 0 0 3042406 968592 0 0 0 0 440180 319897 120283 0 687148 608732 17204 61212 0 98247 77263 16616 4368 95707 79580 11011 5116 0 3809 3400 225 184 37500 34132 1856 1512 0 0 0 78074 62854 796 14424 15270 10812 46 4412 21043 19902 291 850 0 0 0 4438 4264 96 78 0 10704 9666 214 824 74713 74713 0 127415 123749 2020 1646 51685 49300 1051 1334 UTILITIES 59633 58493 628 512 PROGRAM SERVICES 197286 197286 MAINTENANCE & REPAIRS 88491 84843 2010 1638 CANCELED PROJECTS 233887 233887 BAD DEBTS 31555 31555 176803 132805 5238 38760 2533588 2217133 179585 136870 2739648 3759688 0 0 2033881 1129950 0 0 0 0 25169 85319 7463925 893536 9963082 6570389 0 550411 0 0 5662982 1041984 20424762 13137741 172305 130073 13371730 5697235 290581 211469 13834616 6038777 X 6382861 6264701 207285 834263 6590146 7098964 20424762 13137741 508818 X false true false X false false X 860516 900567 1713894 1196949 2073814 6745740 1715283 1946786 919992 1575397 958204 7115662 0 0 0 2575799 2847353 2633886 2772346 3032018 13861402 0 0 13861402 33173 104493 41405 23179 10388 212638 0 33173 104493 41405 23179 10388 212638 0 3355 1 3356 2608972 2951846 2678646 2795526 3042406 14077396 0.98470 0.01510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2778169 2778169 4545450 793862 3751588 140306 99674 40632 6570389 REAL ESTATE DEVELOPMENT COSTS 302151 OTHER ASSETS 167889 LOAN FEES 30370 INVESTMENT IN LIMITED PARTNERSHPS 541574 1041984 DEPOSITS 48041 ACCRUED INTEREST 163428 211469 3042406 2533588 508818 508818 3042406 3042406 3042406 2533588 2533588 2533588 REAL ESTATE DEVELOPMENT COSTS 2010-11-29 6545756 ACTUAL COST 263749286 BOYLE HOTEL LP 530 S BOYLE AVENUE LOS ANGELES CA 90033 LIMITED PARTNERSHIP REAL ESTATE DEVLOPMENT COSTS 2010-07-26 2215458 ACTUAL COST 261806780 LOS CUATRO VIENTOS LP 530 S BOYLE AVENUE LOS ANGELES CA 90033 LIMITED PARTNERSHIP false false false false Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGANIZATION PROVIDES GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS WHEN NEEDED IN THE COURSE OF BUSINESS TRANSACTIONS. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees WHEN RECRUITMENT TAKES PLACE, A SUBCOMMITTEE OF THE BOARD REVIEWS THE JOB DESCRIPTION QUALIFYING CRITERIA AND DETERMINES A SUMMARY RANGE. COMPARISONS OF LIKE POSITIONS AT SIMILAR-SIZED ORGANIZATIONS OCCUR. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts ALL BOARD MEMBERS RECEIVE IT AND ARE REMINDED OF IT ANNUALLY. POTENTIAL CONFLICTS OF INTEREST ARE DISCUSSED AND DETAILED AT QUARTERLY BOARD MEETINGS WITH ACTIONS TAKEN IF SUCH A CONFLICT ARISES OR IS PERCEIVED AS MAY ARISE. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process THE FINANCE COMMITTEE AND THE BOARD REVIEWS THE 990 AT A REGULARLY SCHEDULED MEETING THAT FALLS CLOSE TO WHEN THE DOCUMENT IS SUBMITTED. Las Casitas Housing Ventures LLC 530 S Boyle Ave Los Angeles CA 90033 651171689 Low income housing NA BOYLE HOTEL LP 530 SOUTH BOYLE AVE LOS ANGELES CA 263749286 263749286 HOUSING N/A false false LOS CUANTRO VIENTOS LP 530 SOUTH BOYLE AVE LOS ANGELES CA 90033 261806780 HOUSING N/A false false LAS MARGARITAS 530 SOUTH BOYLE AVE LOS ANGELES CA 90033 261806589 HOUSING N/A false false LOS GIRASOLES LP 530 SOUTH BOYLE AVE LOS ANGELES CA 90033 550801289 HOUSING N/A false false CAMINO DE LOS ARBOLES LP 530 SOUTH BOYLE AVE LOS ANGELES CA 90033 470945555 HOUSING N/A false false CAMINO DE LAS FLORES LP 530 SOUTH BOYLE AVENUE LOS ANGELES CA 90033 431983601 HOUSING N/A false false LORENA TERRACE LP 530 SOUTH BOYLE AVENUE LOS ANGELES CA 90033 320088056 HOUSING N/A false false false false false false false false false false false false false false false false false false false false