2026-05-14T17:41:38-05:00 2025-06-30 582487348 Aprio Advisory Group LLC 2185 N California Blvd Suite 350 Walnut Creek CA 94596 990 2024-07-01 943031375 Satellite Affordable Housing Associates Property Management SATE 5106470700 1835 Alcatraz Avenue Berkeley CA 94703 Thomas Earley President 5106470700 2026-05-13 1 1 Stacy Cullen P00974308 9252102180 2026-05-12 2024 2025-03-06 01:10:19Z Rauly Butler 1835 Alcatraz Avenue Berkeley CA 94703 4738325 0 X www.sahahomes.org X 1966 CA To benefit and support Satellite Affordable Housing Associates in carrying out its purposes by providing management and related services to its affiliates, all of which are California non-profit public benefit corporations organized to provide rental housing for low- and moderate-income elderly persons. 13 13 177 13 0 0 0 0 4381752 4741324 8 0 0 -2999 4381760 4738325 531539 2574130 0 0 4805784 4469463 0 0 0 1202966 945278 6540289 7988871 -2158529 -3250546 2271633 2646419 1502963 5128295 768670 -2481876 X To benefit and support Satellite Affordable Housing Associates in carrying out its purposes by providing management and related services to its affiliates, all of which are California non-profit public benefit corporations organized to provide rental housing for low- and moderate-income elderly persons. 0 0 7488810 2574130 4741324 To manage and operate affordable housing projects for low- and moderate-income elderly persons. The organization also provides resident services for the projects. 7488810 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 10 0 1 177 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X The Organization 5106470700 1835 Alcatraz Avenue Berkeley CA 94703 Rauly Butler Chairperson 1.00 1.00 X X 0 0 0 Smitha Seshadri Vice- Chair 1.00 1.00 X X 0 0 0 Mike Jacob Secretary 1.00 1.00 X X 0 0 0 Francine Williams Secretary (JUL-MAR) 1.00 1.00 X X 0 0 0 Scott Smith Treasurer 1.00 1.00 X X 0 0 0 Anthony Barron Member 1.00 1.00 X 0 0 0 Greg Chin Member 1.00 1.00 X 0 0 0 Sage B Foster Member 1.00 1.00 X 0 0 0 David Greenfelder Member 1.00 1.00 X 0 0 0 Karen Jacobs Member 1.00 1.00 X 0 0 0 Joy Moore Member 1.00 1.00 X 0 0 0 James Reilly Member 1.00 1.00 X 0 0 0 Ron Ridley Member 1.00 1.00 X 0 0 0 Jacee Santos Member 1.00 1.00 X 0 0 0 Thomas Earley COO & President of SAHA PM 1.00 39.00 X 38615 359762 28955 Jose Sanchez CFO 1.00 39.00 X 0 244175 20685 Seherzada Redzic Regional Property Director 40.00 X 152593 0 18213 Daniel Ponce Regional Property Director 40.00 X 139885 0 7711 Javier Munoz Jr Facilities Director 40.00 X 163418 0 13408 Zuza Castaneda Property Supervisor 40.00 X 131936 0 12329 626447 603937 101301 6 0 1 0 0 Partnership Management 531310 3785054 3785054 Project Service Fees 531310 570899 570899 Lease Up Fees 531310 385371 385371 4741324 Partnership Losses 900099 -2999 -2999 -2999 4738325 4741324 0 -2999 2574130 2574130 38615 34958 3657 3554709 3218089 336620 111392 100841 10551 444146 402076 42070 320601 290234 30367 36627 32049 4578 57502 50314 7188 155505 149607 5898 72756 63661 9095 82495 72183 10312 185303 162140 23163 Office F&E 35202 30802 4400 HR & Recruiting 33914 29675 4239 Maintenance 26488 23177 3311 Taxes & Insurance 17815 15594 2221 241671 239280 2391 7988871 7488810 500061 0 2113347 2484886 624 624 10 6236 157662 154663 2271633 2646419 1502963 198016 0 4930279 1502963 5128295 X 768670 -2481876 768670 -2481876 2271633 2646419 -3250546 0 X X 0 1 X 1 0 X X 1 Satellite Affordable Housing Associates 943186770 7 1 7488810 0 1 7488810 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 Investments 154663 F 154663 Management Fees, Service Fees and Costs 4930279 4930279 X Part X, Line 2: SAHA, SAHA PM, and other not-for-profit corporations have received tax-exempt status under IRC Section 501(c)(3) and the California Franchise Tax Board under Revenue and Taxation Code Section 23701(d). The income or loss from partnerships is reported by the partners on their income tax returns. No income tax provision has been included in the combined financial statements for the single-member limited liability companies, which are generally considered disregarded entities. The income and loss of the LLCs are included in the tax returns of their respective sole members. Only the annual California limited liability company minimum tax and the annual fee are reported as expenses in the combined financial statements. SAHA and affiliates believe that they have appropriate support for any tax positions taken and, as such, do not have any uncertain tax positions that are material to the financial statements. SAHA and affiliates' federal and state information and income tax returns for the years 2021 through 2024 are subject to examination by regulatory agencies, generally for three and four years after they were filed for federal and state returns, respectively. 1 Satellite Affordable Housing Associates 1835 Alcatraz Avenue Berkeley CA 94703 943186770 501(C)(3) 2574130 0 General Support: Developed Low Income Housing 1 Part I, Line 2: Satellite Affordable Housing Associates Property Management shares a common board of directors with the recipients 501(c)(3) organization, satellite affordable housing associates.Therefore, there is direct oversight of the grants contributed to satellite affordable housing associates. X 0 0 0 1 1 1 1 1 0 Thomas Earley COO & President of SAHA PM 38615 326314 0 33448 0 0 0 11715 0 17240 38615 388717 0 0 Jose Sanchez CFO 0 233175 0 11000 0 0 0 8907 0 11778 0 264860 0 0 Javier Munoz Jr Facilities Director 152418 0 11000 0 0 0 5697 0 7711 0 176826 0 0 0 Seherzada Redzic Regional Property Director 149593 0 3000 0 0 0 5884 0 12329 0 170806 0 0 0 Part I, Line 5 An annual Incentive Compensation Plan (ICP) is in place for executive level staff of the organization which includes Tom Earley, the Chief Operating Officer (COO) and President of property management. At the end of the fiscal year, an evaluator reviews the outcomes of certain performance goals or metrics for the outgoing fiscal year and provides a one-time bonus, currently up to 10% of base salary of the executive level staff. These performance goals or metrics do include consideration of the revenues and net earnings of the organization and related organizations. The Cheif Executive Officer of satellite affordable housing associates', a related 501(c)(3) exempt organization, is the evaluator who reviews and recommends the ICP bonus for the COO. Part I, Line 6 An annual Incentive Compensation Plan (ICP) is in place for executive level staff of the organization which includes Tom Earley, the Chief Operating Officer (COO) and President of property management. At the end of the fiscal year, an evaluator reviews the outcomes of certain performance goals or metrics for the outgoing fiscal year and provides a one-time bonus, currently up to 10% of base salary of the executive level staff. These performance goals or metrics do include consideration of the revenues and net earnings of the organization and related organizations. The Cheif Executive Officer of satellite affordable housing associates', a related 501(c)(3) exempt organization, is the evaluator who reviews and recommends the ICP bonus for the COO. Part I, Line 7 Non executive level staff bonuses are discretionary and may be awarded for an employee demonstrating exceptional performance, going above and beyond their usual duties, completing a challenging or difficult project, etc. Such bonuses may be recommended by a supervisor, director, VP or officer, and must be approved by the chief people officer and chief executive officer of satellite affordable housing associates, a related 501(c)(3) exempt organization, prior to being awarded. Form 990, Part VI, Section A, line 7a The directors of Satellite Affordable Housing Associates Property Management shall be the directors of Satellite Affordable Housing Associates (SAHA), as appointed pursuant to the bylaws of SAHA. Form 990, Part VI, Section B, line 11b The form 990 is reviewed and signed by the President of Satellite Affordable Housing Associates Property Management Form 990, Part VI, Section B, line 12c A conflict of interest disclosure form is distributed to all board members. If a member has a conflict, they complete the form and file it with the organization. They would need to recuse themselves from any decision regarding a conflict area. Form 990, Part VI, Section B, line 15 The corporation's president and vice president of finance are compensated employees of Satellite Affordable Housing Associates (SAHA), a related California nonprofit public benefit corporation. Their salaries from SAHA are subject to annual review by SAHA's board of directors and the board determines the salaries. The corporation's president and vice president of finance are compensated employees of Satellite Affordable Housing Associates (SAHA), a related California nonprofit public benefit corporation. Their salaries from SAHA are subject to annual review by SAHA's board of directors and the board determines the salaries. Form 990, Part VI, Section C, line 19 Available upon request. Part XII, Line 2c No change in process from prior year. Satellite Senior Homes-Newark Gardens II 1835 Alcatraz Avenue Berkeley CA 94703 943168802 Low-Income Housing CA 501(c)(3) Line 7 Organization Satellite Senior Homes Inc 1 Satellite Senior Homes III INC 1835 Alcatraz Avenue Berkeley CA 94703 942835291 Low-Income Housing CA 501(c)(3) Line 7 Organization SAHA Property Management Inc 1 Satellite Senior Homes II INC 1835 Alcatraz Avenue Berkeley CA 94703 942598866 Low-Income Housing CA 501(c)(3) Line 7 Organization SAHA Property Management Inc 1 Casa Montego II Inc 1835 Alcatraz Avenue Berkeley CA 94703 200601087 Low-Income Housing CA 501(c)(3) Line 7 Organization SAHA Property Management Inc 1 Satellite Senior Homes IV Inc 1835 Alcatraz Avenue Berkeley CA 94703 942914787 Low-Income Housing CA 501(c)(3) Line 7 Organization Satellite Affordable Housing Associates 0 Satellite Senior Homes Inc 1835 Alcatraz Avenue Berkeley CA 94703 946130795 Low-Income Housing CA 501(c)(3) Line 7 Organization SAHA Property Management Inc 1 Satellite Communities Inc 1835 Alcatraz Avenue Berkeley CA 94703 273492839 Low-Income Housing CA 501(C)(3) 12A Satellite Affordable Housing Associates 0 Satellite Affordable Housing Associates 1835 Alcatraz Avenue Berkeley CA 94703 943186770 Low-Income Housing Development CA 501(C)(3) Line 7 Organization N/A 0 Hookston Senior Homes Inc 1835 Alcatraz Avenue Berkeley CA 94703 943312528 Low-Income Housing CA 501(C)(3) 12A Satellite Affordable Housing Associates 0 Satellite AHA Development Inc 1835 Alcatraz Avenue Berkeley CA 94703 943248729 Low-Income Housing CA 501(C)(3) 12A Satellite Affordable Housing Associates 0 Fremont Oak Gardens Limited Partnership 1835 Alcatraz Avenue Berkeley CA 94703 731675503 Low-Income Housing CA 94-3031375 Related -949 205219 1 0 1.00000 Satellite First Communities LLC 1835 Alcatraz Avenue Berkeley CA 94703 453935749 Low-Income Housing CA N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 Satellite Senior Homes Inc L 386224 Actual Satellite Senior Homes II Inc L 150534 Actual Satellite Senior Homes III Inc L 225157 Actual Satellite Senior Homes Newark Gardens II Inc L 54601 Actual Casa Montego II L 65566 Actual Satellite Affordable Housing Associates B 2574130 Actual