2012-05-14T14:55:03-05:00 2011-06-30 LINDQUIST VON HUSEN & JOYCE LLP 90 NEW MONTGOMERY STREET 11TH FLOOR SAN FRANCISCO CA 94105 990 2010-07-01 770545135 HOUSING TRUST OF SANTA CLARA COUNTY INC HOUS 4084363450 95 S MARKET ST NO 610 SAN JOSE CA 95113 KEVIN ZWICK 4084363450 2012-05-11 ALEXIS H WONG 4159579999 2010 2016-02-24 21:20:13Z KEVIN ZWICK 95 S MARKET ST NO 610 SAN JOSE CA 95113 13351768 0 X WWW.HOUSINGTRUSTSCC.ORG X 2000 CA THE TRUST LOANED MONEY TO FIRST TIME HOME BUYERS FOR DOWN PAYMENT ASSISTANCE AND FOR CLOSING COST ASSISTANCE. THE TRUST ALSO MADE A SIGNIFICANT NUMBER OF LOANS TO DEVELOPERS TO PURCHASE, DEVELOP, BUILD AND RENOVATE PROPERTIES TO CREATE AFFORDABLE HOUSING IN SANTA CLARA COUNTY. THE TRUST ALSO AWARDED GRANTS TO OTHER ORGANIZATIONS. 22 22 10 5 0 0 2691709 12910657 100281 99750 191945 249414 21363 48572 3005298 13308393 835034 6947889 0 0 667885 990638 0 0 91651 807612 854655 2310531 8793182 694767 4515211 30672868 38913102 2273612 5998635 28399256 32914467 X THE MISSION OF THE HOUSING TRUST OF SANTA CLARA COUNTY IS TO SERVE AS A CATALYST TO DEVELOP DESPERATELY-NEEDED HOUSING IN SANTA CLARA COUNTY THROUGH A MIX OF CORPORATE AND COMMUNITY INVESTORS. THE HOUSING TRUST IS DEDICATED TO BUILDING AND SUSTAINING A REVOLVING LOAN FUND AND GRANT-MAKING PROGRAM THAT WILL LEVERAGE OTHER HOUSING RESOURCES THROUGHOUT SILICON VALLEY. 0 0 934584 42750 FIRST-TIME HOMEBUYER PROGRAMS - HOUSING TRUST OFFERS THE DOWNPAYMENT ASSISTANCE PROGRAM, MORTGAGE ASSISTANCE PROGRAM, AND CLOSING COST ASSISTANCE PROGRAM TO HELP QUALIFIED FIRST-TIME HOMEBUYERS IN SANTA CLARA COUNTY WITH DOWNPAYMENT AND CLOSING COSTS. 413919 36000 HOMELESS AND SPECIAL NEEDS PROGRAM - THE PROGRAM IS DESIGNED TO HELP PREVENT HOMELESSNESS IN CITIES ACROSS SANTA CLARA COUNTY THROUGH GRANTS AND LOANS TO QUALIFIED DEVELOPERS OF HOUSING FOR THE HOMELESS AND/OR THOSE WITH SPECIAL NEEDS. 7089066 NEIGHBORHOOD STABILIZATION PROGRAM (NSP2) - THE ORGANIZATION HAS BEEN AWARDED $25,000,000 IN NSP2 FUNDS FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE AMERICAN RECOVERY AND REINVESTMENT ACT. THE ORGANIZATION IS THE LEAD ENTITY IN THE SAN JOSE CONSORTIUM, WHICH ALSO INCLUDES THE CITY OF SAN JOSE AND NEIGHBORHOOD HOUSING SERVICES SILICON VALLEY. THESE NSP2 FUNDS WILL BE USED IN TARGETED AREAS ACROSS 35 CENSUS TRACTS THAT HAVE BEEN THE HARDEST HIT BY FORECLOSURES WITHIN THE CITY OF SAN JOSE. THE ORGANIZATION WILL USE A PORTION OF THE FUNDS TO PROVIDE UP TO 100 PURCHASE ASSISTANCE LOANS TO LOW AND MODERATE INCOME HOUSEHOLDS BUYING FORECLOSED AND ABANDONED PROPERTIES WITHIN THE DESIGNATED AREAS. THE CONSORTIUM WILL ALSO ACQUIRE AND REHABILITATE UP TO 64 FORECLOSED OR ABANDONED HOMES FOR RESALE TO LOW AND MODERATE INCOME HOUSEHOLDS. TWENTY-FIVE PERCENT OF THE GRANT TOTALING $6,250,000 WILL BE RESERVED TO ASSIST HOUSEHOLDS AT OR BELOW FIFTY PERCENT OF AREA MEDIAN INCOME. THE NSP2 FUNDS, AND THE LEVERAGING OF $2,250,000 IN ADDITIONAL FUNDS, WILL REDUCE THE NUMBER OF FORECLOSED OR ABANDONED HOMES AND RESIDENTIAL PROPERTIES IN THE TARGETED AREAS AND HELP TO STABILIZE THE HOUSING MARKET. 127765 21000 AFFORDABLE MULTI-FAMILY RENTAL PROGRAM - THE PROGRAM IS DESIGNED TO HELP CREATE AFFORDABLE MULTI-FAMILY RENTAL HOUSING UNITS IN COMMUNITIES THROUGHOUT SANTA CLARA COUNTY THROUGH GRANTS AND LOANS TO QUALIFIED DEVELOPERS OF AFFORDABLE MULTI-FAMILY RENTAL HOUSING. 127765 21000 8565334 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 10 1 0 0 0 0 0 0 0 0 0 0 X 22 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X THE ORGANIZATION 4084363450 95 S MARKET ST STE 610 SAN JOSE CA 95113 KEN YEAGER 1.00 X X 0 0 0 LESLEE GUARDINO 1.00 X X 0 0 0 LINDA MANDOLINI 1.00 X X 0 0 0 SHERRI LUTHER 1.00 X X 0 0 0 SPARKY HARLAN 1.00 X X 0 0 0 PHILIP BOYCE 1.00 X 0 0 0 CARL GUARDINO 1.00 X 0 0 0 ROBERT SHERRARD 1.00 X 0 0 0 MARGARET ABE-KOGA 1.00 X 0 0 0 JOHN PAUL BRUNO 1.00 X 0 0 0 JONATHAN EMAMI 1.00 X 0 0 0 DANIEL FURTADO 1.00 X 0 0 0 CECILY JOSEPH 1.00 X 0 0 0 JOHN MCLEMORE 1.00 X 0 0 0 PATRICK O' MALLEY 1.00 X 0 0 0 MIKE SELFRIDGE 1.00 X 0 0 0 RON SWEGLES 1.00 X 0 0 0 STEVE TATE 1.00 X 0 0 0 ASH KALRA 1.00 X 0 0 0 DIANE MCNUTT 1.00 X 0 0 0 JOHN BARTON 1.00 X 0 0 0 KATHLEEN KING 1.00 X 0 0 0 KEVIN ZWICK 40.00 X 128010 0 14073 MAUREEN SHILLING 40.00 X 103969 0 7000 JESSICA-GARCIA KOHL 40.00 X 103833 0 10190 335812 0 31263 3 0 0 0 0 12227008 683649 12910657 PROGRAM SERVICE FEE 531390 99750 99750 99750 249414 249414 91947 43375 48572 48572 13308393 99750 0 297986 6947889 6947889 277144 194000 69286 13858 488735 430187 15558 42990 29705 24283 3318 2104 128577 105011 14458 9108 66477 54344 7424 4709 58676 53801 2983 1892 14643 11862 1156 1625 17411 14297 1950 1164 49560 40515 5534 3511 16696 14270 1485 941 4973 4013 725 235 21384 21384 13024 10647 1454 923 10175 8318 1137 720 PROVISION FOR LOAN LOSS 430553 430553 PROGRAM ADMINISTRATION 117797 117797 OUTSIDE COMPUTER SERVIC 21842 18809 1442 1591 MEMBERSHIP DUES 16792 13731 1873 1188 PRINTING AND REPRODUCTI 11727 7899 1710 2118 49402 41724 4704 2974 8793182 8565334 136197 91651 128 0 7357099 9605332 1726745 4948977 211234 90608 21327915 24220903 34634 14851 124839 92408 15113 32431 30672868 38913102 83228 82386 690384 2909865 1500000 3000000 0 6384 2273612 5998635 X 22653070 23261125 5746186 9653342 28399256 32914467 30672868 38913102 4515211 0 X X 0 1 1 X 0 X 702034 2432051 1405892 2691709 12910657 20142343 702034 2432051 1405892 2691709 12910657 20142343 17856 20124487 588718 576148 358644 191945 249414 1964869 22107212 308201 0.91030 0.82460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27733 24023 3710 97106 68385 28721 32431 INTEREST PAYABLE 6384 6384 13308393 8793182 4515211 0 4515211 13308393 0 13308393 0 13308393 8793182 0 8793182 0 8793182 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: HOUSING TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HOUSING TRUST'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2007 THROUGH 2010 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. LUNCHEON FUNDRAISER 91947 91947 43375 91947 91947 43375 43375 48572 1 COMMUNITY SERVICES AGENCY OF MOUNTAIN VIEW 204 STIERLIN ROAD MOUNTAIN VIEW CA 94043 941422465 501(C)(3) 10000 EMERGENCY HOMELESS PREVENTION ST JOSEPH'S FAMILY CENTER 7950-A CHURCH STREET GILROY CA 95020 030391775 501(C)(3) 25000 EMERGENCY HOMELESS PREVENTION SUNNYVALE COMMUNITY SERVICES 725 KIFER ROAD SUNNYVALE CA 94086 941713897 501(C)(3) 10000 EMERGENCY HOMELESS PREVENTION WEST VALLEY COMMUNITY SERVICES 10104 VISTA DRIVE CUPERTINO CA 95014 942211685 501(C)(3) 10000 EMERGENCY HOMELESS PREVENTION INNVISION 974 WILLOW STREET SAN JOSE CA 95125 770033628 501(C)(3) 25000 EMERGENCY HOMELESS PREVENTION CITY OF SAN JOSE 200 EAST SANTA CLARA STREET SAN JOSE CA 95113 946000419 CITY GOVERNMENT 6736060 NSP2 PASS THROUGH GRANT COMMUNITY SOLUTIONS PO BOX 546 MORGAN HILL CA 95038 237351215 501(C)(3) 10000 EMERGENCY HOMELESS PREVENTION SILICON VALLEY INDEPENDENT LIVING CENTER 2306 ZANKER DRIVE SAN JOSE CA 95131 942332246 501(C)(3) 25000 EMERGENCY HOMELESS PREVENTION CATHOLIC CHARITIES OF SANTA CLARA COUNTY 2625 ZANKER RD SAN JOSE CA 95134 942762269 501(C)(3) 10000 EMERGENCY HOMELESS PREVENTION REBUILDING TOGETHER SILICON VALLEY 2827 AIELLO DRIVE SAN JOSE CA 95111 770289381 501(C)(3) 60000 COMMUNITY GRANT UNITY CARE GROUP 1400 PARKMOOR AVE 115 SAN JOSE CA 95126 770323115 501(C)(3) 25000 EMERGENCY HOMELESS PREVENTION 11 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION PUBLISHES INITIAL GRANT GUIDELINES AND ACCEPTS APPLICATIONS FROM QUALIFIED ORGANIZATIONS. THE PROGRAM COMMITTEE REVIEWS ALL GRANT APPLICANTS AND APPROVES THE AWARD OF ALL GRANTS. THE RECIPIENT ORGANIZATION MUST REPORT MONTHLY THE STATUS OF ALL GRANT FUNDS RECEIVED AND THE WAY IN WHICH THESE FUNDS HAVE BEEN DISBURSED IN ACCORDANCE WITH THE INITIAL PURPOSE. FORM 990, PART VI, SECTION A, LINE 2 CARL GUARDINO, BOARD MEMBER AND LESLEE GUARDINO, VICE CHAIRPERSON ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED FOR FILING BY THE FINANCE COMMITTEE. THE ENTIRE BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO FILING IN SUFFICIENT TIME TO POSE ANY QUESTIONS OR GIVE COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. NEW BOARD MEMBERS OR THOSE BEING CONSIDERED ARE EVALUATED TO SEE IF THERE EXIST ANY CONFLICT OF INTEREST. EMPLOYEES MUST ALSO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. IF THE BOARD IS EVALUATING A BUSINESS DEALING WITH AN ENTITY THAT A BOARD MEMBER HAS SOME INVOLVEMENT, THE BOARD MEMBER RECUSES THEMSELVES FROM ALL DISCUSSION AND FROM VOTING. IN ADDITION THE BOARD MEMBER ALSO EXCUSED THEMSELVES FROM THE MEETING TO ALLOW OTHER MEMBERS TO DISCUSS THE DEAL CANDIDLY. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE RELIES UPON SALARY SURVEY DATA TO DETERMINE THE REASONABLENESS OF THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION OFFICES WHICH ARE AVAILABLE FOR INSPECTION MON TO FRI, 9AM TO 5PM. FORM 990, PART XI, LINE 2C THE COMMITTEE'S OVERSIGHT PROCESS OF THE AUDIT AND THE PROCESS FOR SELECTION OF AN INDEPENDENT ACCOUNTANT HAVE NOT CHANGED. FORM 990, PART V, LINE 1C: DURING THE TAX YEAR, THE ORGANIZATION DID NOT ENCOUNTER ANY SITUATIONS THAT WOULD REQUIRE BACKUP WITHHOLDING.