2011-11-15T15:12:08-06:00 2010-12-31 ROBERT R REDWITZ & CO 5520 TRABUCO ROAD IRVINE CA 92620 990 2010-01-01 330694603 THE CARITAS CORPORATION CARI 9497270568 5520 TRABUCO ROAD IRVINE CA 92620 JENNIFER E RIVA-KIRK CPA 9497535114 2011-11-15 1 CHRISTOPHER A ADAMS CPA 9497531514 2010 2016-03-07 17:11:31Z ROBERT R REDWITZ 5520 TRABUCO ROAD IRVINE CA 92620 6161434 0 X WWW.CARITASCORP.ORG X 1996 CA ASSIST LOCAL GOVERNMENTS BY PROVIDING AFFORDABLE MOBILE HOME PARK LIVING. 6 4 0 0 0 0 0 0 4167678 5390510 66214 70924 600000 700000 4833892 6161434 0 0 0 0 433950 535504 0 0 0 3978947 5650955 4412897 6186459 420995 -25025 24910974 70266623 23154241 68534915 1756733 1731708 X THE CARITAS CORPORATION IS A NONPROFIT ORGANIZATION WHOSE GOAL IS TO PROVIDE AND MAINTAIN QUALITY, AFFORDABLE HOUSING THROUGH THE ACQUISITION OF MOBILE HOME PARKS. WITH THE INCREASING NUMBER OF HOUSEHOLDS ON FIXED OR LIMITED INCOMES AND WITH THE SCARCITY OF RELIABLE, LONG-TERM, REASONABLY PRICED HOUSING, CARITAS ENDEAVORS TO CREATE VIBRANT COMMUNITIES WHERE QUALITY OF LIFE, RESIDENT INVOLVEMENT, AND CARING ARE PRIORITIES. 0 0 6186459 6090510 SUPPORT FOR THE PURPOSE OF SUPERVISING AND ASSISTING ONE AFFILIATED CORPORATION THAT OWNS AND MAINTAINS SIX AFFORDABLE HOUSING PROJECTS (MOBILE HOME PARKS). IN ADDITION, THE CARITAS CORPORATION'S EXEMPT PURPOSE ACHIEVEMENTS INCLUDE THE PURCHASE AND OPERATION OF EIGHT AFFORDABLE HOUSING PROJECTS LOCATED IN THE CALIFORNIA CITIES OF FRESNO, GARDEN GROVE, OCEANO, PALMDALE, SAN MARCOS, AND YUCAIPA, WHICH HAVE AN UNFULFILLED STATUTORY OBLIGATION TO PROVIDE AFFORDABLE HOUSING. THERE ARE A TOTAL OF 232 MOBILE HOME SPACES AVAILABLE FOR RENT IN THE CITY OF FRESNO, 254 SPACES IN THE CITY OF GARDEN GROVE, 120 SPACES IN THE CITY OF OCEANO, 298 SPACES IN THE CITY OF PALMDALE, 148 SPACES IN THE CITY OF SAN MARCOS, AND 217 SPACES IN THE CITY OF YUCAIPA. 6186459 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 1 33 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 4 1 1 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 1 1 0 CA X JENNIFER RIVA-KIRK CPA 9497270568 5520 TRABUCO ROAD IRVINE CA 92620 X ROBERT R REDWITZ 8.00 X X 0 0 0 CAROL MCDERMOTT X 0 0 0 BOB THIERGARTNER X 0 0 0 TOM REDWITZ X 0 0 0 ALISA FREUNDLICH X 0 0 0 CHUCK PACKARD X 0 0 0 JENNIFER E RIVA-KIRK 10.00 X 0 0 0 0 0 0 0 0 0 0 PETER L INMAN 4521 CAMPUS DRIVE 340 IRVINE CA 92620 REALTOR 452636 ROBERT R REDWITZ & CO 5520 TRABUCO ROAD IRVINE CA 92620 CEO,CHAIRMAN OF BOARD,CFO,ACCT & TAX 402677 BIRTCHER ANDERSON REALTY MANAGEMENT 31910 DEL OBISPO 100 SAN JUAN CAP CA 92675 PROPERTY MANAGEMENT 187920 CORBETT STEELMAN & SPECTER 18200 VON KARMAN AVE SUITE 900 IRVINE CA 92612 LEGAL SERVICES 110459 4 RENTS 531310 4264389 4264389 ANCILLARY FEES 531390 1126121 1126121 5390510 70924 70924 FEES/OTHER MANAGED PAR 531310 700000 700000 700000 6161434 6090510 0 70924 343880 343880 153015 153015 38609 38609 187919 187919 65175 65175 379938 379938 47041 47041 23228 23228 3854773 3854773 12593 12593 2715 2715 391291 391291 EXTINGUISHMENT OF DEBT 323129 323129 OUTSIDE SERVICES 106381 106381 BOND SERVICE FEE 59356 59356 AUDIT AND TAX FEES 47558 47558 COMPUTER EXPENSES 34592 34592 115266 115266 6186459 6186459 0 0 776652 1293975 4751 150758 167776 176635 61017382 2657688 19796832 58359694 1219760 2717529 2945203 7568032 24910974 70266623 467972 1597012 22405000 66820000 281269 117903 23154241 68534915 X 1756733 1731708 1756733 1731708 24910974 70266623 -25025 0 X 0 1 1 X 0 X 3867495 3962450 4089151 4767678 6090510 22777284 3867495 3962450 4089151 4767678 6090510 22777284 0 0 0 22777284 116349 103863 104313 66214 70924 461663 116349 103863 104313 66214 70924 461663 3983844 4066313 4193464 4833892 6161434 23238947 0.98010 0.97680 0.01990 0.02320 X 43699830 43699830 17034811 2532098 14502713 123193 65729 57464 159548 59861 99687 58359694 CONSTRUCTION IN PROGRESS 47928 DEPOSITS 12449 NOTES RECEIVABLE 21459 RESTRICTED CASH 7486196 7568032 SECURITY DEPOSITS 57414 DUE TO AFFILIATES 60489 117903 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOLLOWING IS DISCLOSED IN THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE CORPORATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. ROBERT R REDWITZ & CO ACCOUNTING SERVICES 402677 ACCOUNTING AND MANAGEMENT SERVICES ARE PROVIDED BY ROBERT R. REDWITZ & CO. ("RRR"). TWO OF THE OWNERS OF RRR ARE OFFICERS OF CARITAS; MR. ROBERT REDWITZ IS CEO/CHAIRMAN OF THE BOARD, AND MS. JENNIFER RIVA-KIRK IS CHIEF FINANCIAL OFFICER. 0 THE GDR GROUP INC TECHNOLOGY SERVICES 50002 TECHNOLOGY SERVICES ARE PROVIDED TO CARITAS BY THE GDR GROUP, INC. ("GDR"). ONE OF THE OWNERS OF GDR IS MR. ROBERT REDWITZ, A CO-OWNER OF ROBERT R. REDWITZ & CO., AND CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 ROBERT R REDWITZ CEO/BOARD CHAIRMAN 0 IN ADDITION TO BEING CEO AND CHAIRMAN OF THE BOARD, MR. REDWITZ IS AN OWNER OF ROBERT R. REDWITZ & CO., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 JENNIFER E RIVA-KIRK C.F.O. 0 MS. RIVA-KIRK IS AN OWNER OF ROBERT R. REDWITZ & CO., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 PARTNERS BANK BANKING SERVICES 230 BANKING FEES PAID BY CARITAS' MOBILE HOME PARKS; ONE OF THE BOARD MEMBERS OF PARTNERS BANK IS MR. ROBERT REDWITZ, THE CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND TOM REDWITZ (BOARD MEMBER) ARE BROTHERS, BUT THEY DO NOT OTHERWISE TRANSACT BUSINESS TOGETHER. ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND JENNIFER E. RIVA-KIRK (CFO) ARE BOTH OWNERS OF THE ACCOUNTING FIRM (ROBERT R. REDWITZ & CO., AN ACCOUNTING AND CONSULTING CORPORATION) THAT MANAGES THE OPERATIONS AND FINANCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 BIRTCHER ANDERSON REALTY MANAGEMENT, INC. HAS TAKEN OVER THE RESPONSIBILITIES OF PROPERTY MANAGEMENT AS OF NOVEMBER 2009. ITS DUTIES INCLUDE MANAGING ON-SITE MOBILE HOME PARK EMPLOYEES, RESPONDING TO RESIDENT QUESTIONS/CONCERNS, MANAGING REPAIR AND MAINTENANCE PROJECTS, COLLECTION OF RENTS, RECORDING ACCOUNTING TRANSACTIONS, AND MONITORING COMPLIANCE WITH MOBILE HOME PARK RULES AND REGULATIONS. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT WAS PROVIDED TO THE BOARD OF DIRECTORS FOR THEM TO REVIEW AT THE BOARD MEETING. ONCE THE BOARD HAD REVIEWED AND APPROVED THE FORM 990, A FINAL COPY WAS FILED WITH THE APPROPRIATE AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE BOARD OF DIRECTORS MONITOR AND ENFORCE COMPLIANCE WITH THE POLICY THROUGH A REVIEW OF THE POLICY AND BUSINESS TRANSACTIONS WITH THE RELATED PARTIES AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 DURING 2009, THE BOARD OF DIRECTORS INITIATED, IN COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, A FORMAL MARKET COMPETITIVE STUDY TO DETERMINE THE REASONABLE COMPENSATION FOR ITS OFFICERS WHO WERE ALSO A DIRECTOR. THIS STUDY WAS DONE BY OUTSIDE LEGAL COUNSEL AND RESULTED IN A COMPREHENSIVE COMPENSATION AGREEMENT THAT WAS DEEMED INDEPENDENT, COMPETITIVE AND MARKET-DRIVEN BY THE INDEPENDENT DIRECTORS ON THE BOARD. THE COMPENSATION AGREEMENT WAS FORMALLY APPROVED AND EXECUTED BY THE INDEPENDENT DIRECTORS IN SEPTEMBER 2010. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII CAROL MCDERMOTT - 1 SAN JOAQUIN PLAZA #230, NEWPORT BEACH, CA 92660. BOB THIERGARTNER - 1420 BRISTOL ST. NORTH #100, NEWPORT BEACH, CA 92660. TOM REDWITZ - 895 DOVE STREET #200, NEWPORT BEACH, CA 92660. ALISA FREUNDLICH - 11693 SAN VICENTE BLVD #828, LOS ANGELES, CA 90049. JENNIFER E. RIVA-KIRK - 1 ALMADEN BLVD #950, SAN JOSE, CA 95113. CHUCK PACKARD - 24 CHARLOTTE, IRVINE, CA 92603-3449. CARITAS ACQUISITIONS I LLC 5520 TRABUCO RD IRVINE CA 92620 273196236 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA N/A CARITAS AFFORDABLE HOUSING INC 5520 TRABUCO RD IRVINE CA 92620 330829212 ASSIST LOCAL GOV'T BY PROVIDING AFFORDABLE HOUSING CA 501(C)(3) SCH A, LINE 9 N/A 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 CARITAS AFFORDABLE HOUSING INC B 15792 REIMBURSEMENT CARITAS AFFORDABLE HOUSING INC D 39504 REIMBURSEMENT CARITAS AFFORDABLE HOUSING INC E 20985 REIMBURSEMENT CARITAS AFFORDABLE HOUSING INC K 700000 REIMBURSEMENT CARITAS AFFORDABLE HOUSING INC P 151451 REIMBURSEMENT