2023-11-15T20:44:19-08:00 2022-12-31 Van Trigts Accounting Service 10799 E Las Posas Rd Santa Rosa Valley CA 93012 990 2022-01-01 811830036 LAFH PHASE II QALICB INC LAFH 8189824091 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 STEPHANIE KLASKY-GAMER - CHAIRPERSON OF THE BOARD 8189824091 2023-05-03 true STEPHANIE KLASKY-GAM - XXX-XX-XXXX true LORI VAN TRIGT P00785773 8054913008 X 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z STEPHANIE KLASKY-GAMER 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 348305 false X N/A X 2016 CA LOW INCOME HOUSING 5 3 0 0 0 0 37974 0 741127 347890 36 415 0 779137 348305 0 0 0 0 0 1167178 1750157 1167178 1750157 -388041 -1401852 17725687 16338668 17516077 17530910 209610 -1192242 LOW INCOME HOUSING false false 586777 0 347890 LAFH PHASE II QALICB, INC. WAS FORMED ON FEBRUARY 12, 2016 TO PERFORM THE CHARITABLE FUNCTIONS OF AND CARRY OUT THE CHARITABLE PURPOSES OF L.A. FAMILY HOUSING CORPORATION (LAFH). THE ORGANIZATION IS A SUPPORTING ORGANIZATION CONTROLLED BY LAFH AS SPECIFIED IN SECTION 509(a)(3) OF THE INTERNAL REVENUE CODE (CODE). THE ORGANIZATION WAS FORMED TO PURCHASE FROM LAFH CERTAIN REAL PROPERTY LOCATED AT 7843 LANKERSHIM BOULEVARD IN NORTH HOLLYWOOD, CALIFORNIA (PROPERTY) FOR DEVELOPMENT OF A COMPREHENSIVE INTAKE AND ASSESSMENT CENTER FOR HOMELESS INDIVIDUALS AND ADMINISTRATIVE OFFICE SPACE TO BE USED AS THE HEADQUARTERS OF LAFH. ON APRIL 11, 2016, THE ORGANIZATION ENTERED INTO A MEMORANDUM OF UNDERSTANDING (MOU) WITH NORTHEAST VALLEY HEALTH CORPORATION (NEVHC), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, TO CONSTRUCT A 5,288 SQUARE FOOT CLINIC ON THE GROUND FLOOR OF THE PROPERTY (THE CLINIC) TO BE LEASED TO NEVHC UPON COMPLETION OF THE CLINIC. IN ADDITION, THE ORGANIZATION ALSO CONSTRUCTED A SUBTERRANEAN PARKING STRUCTURE WHICH IS USED BY BOTH THE ORGANIZATION AND AN ENTITY AFFILIATED WITH THE CORPORATION THROUGH COMMON OWNERSHIP. THE ORGANIZATION OWNS 53.56% OF THE PARKING STRUCTURE, AND MAINTENANCE AND OPERATING COSTS RELATED TO THE PARKING STRUCTURE ARE SHARED WITH THE AFFILIATED ENTITY PURSUANT TO THE RECIPROCAL EASEMENT AGREEMENT. THE PARKING STRUCTURE WAS PLACED IN SERVICE IN OCTOBER 2018. THE OFFICE WAS PLACED IN SERVICE IN JULY 2019 AND THE CLINIC IN DECEMBER 2019. 586777 true false false false false false false false false false true false false true true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 5 3 false false false false false false false true true false false true true true true true true true true false CA X X X CARL GAYDEN CFO 8189824091 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 GREGG SHERKIN DIRECTOR 2.50 X 0 0 0 DEBBIE BURKART DIRECTOR 2.50 X 0 0 0 STEPHANIE KLASKY-GAMER CHAIRMAN 2.50 X X 0 282601 0 TOI CHISOM SECRETARY 2.50 X X 0 210114 161 YASMIN TONG TREASURER 0.50 X X 0 0 0 0 492715 161 0 false true false 0 RENTAL REVENUE 624200 347890 0 0 347890 415 0 415 348305 347890 0 415 12700 0 12700 0 169830 169830 0 0 416947 416947 0 0 ASSET MANAGEMENT FEE 84262 0 84262 0 OPERATING AND MAINTENANCE 10639 0 10639 0 TAXES AND FEES 102 0 102 0 LOSS ON CANCELLATION OF MASTER LEASE AGREEMENT 1055677 0 1055677 0 1750157 586777 1163380 0 13732 99 958157 96196 17643569 1508442 16552074 16135127 201724 107246 17725687 16338668 3100 0 14806 14806 17483365 17501298 14806 14806 17516077 17530910 X 209610 -1192242 209610 -1192242 17725687 16338668 X -1401852 X false true X true false X X 1 LA FAMILY HOUSING CORP 953920560 7 true 0 0 1 0 0 0 0 0 0 true false false false false false false false false false false false false false false false false false true false 0 1416934 1416934 15893127 1490585 14402542 34884 17857 17027 298624 0 298624 16135127 RESTRICTED CASH 107236 REFUND RECEIVABLE 10 107246 TENANT DEPOSIT LIABILITIES 14806 14806 X -707372 -1055677 -1055677 348305 348305 694480 694480 1055677 1055677 1750157 Pt X, Line 2 THE CORPORATION IS EXEMPT FROM FEDERAL INCOME AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)3 OF THE IRC AND THE CORRESPONDING SECTIONS OF THE CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION,THE CORPORATION DOES NOT HAVE ANY INCOME WHICH THEY BELIEVE WOULD SUBJECT IT TO UNRELATED BUSINESS INCOME TAXES. Pt X, Line 2 IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC NO. 740, UNCERTAINTY IN INCOME TAXES (ASC 740), THE CORPORATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE CORPORATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. DURING THE YEAR ENDED DECEMBER 31, 2022, THE CORPORATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MAY HAVE AN EFFECT ON ITS TAX EXEMPT STATUS. Pt X, Line 2 THE CORPORATION'S INCOME TAX RETURNS REMAIN SUBJECT TO EXAMINATION FOR ALL YEARS ENDED ON OR AFTER DECEMBER 31, 2018 WITH REGARD TO ALL TAX POSITIONS AND THE RESULTS REPORTED. NO EXAMINATIONS ARE CURRENTLY PENDING. Pt XI, Line 2d RECLASS LOSS ON CANCELLATION OF LOAN TO EXPENSES. Pt XII, Line 4b RECLASS LOSS ON CANCELLATION OF LOAN TO EXPENSES. false false false false false false false false false STEPHANIE KLASKY-GAMER 0 282601 0 0 0 0 0 0 0 0 0 282601 0 0 TOI CHISOM 0 210114 0 0 0 0 0 0 0 161 0 210275 0 0 STEPHANIE KLASKY-GAMER DIRECTOR & OFFICER 282601 ALSO DIRECTOR/OFFICER OF AFFILIATE ORGANIZATIONS false TOI CHISOM DIRECTOR & OFFICER 210275 ALSO DIRECTOR/OFFICER OF AFFILIATE ORGANIZATIONS false ALL OTHER OFFICERSDIRCTORS DIRECTOR & OFFICER 0 ALSO DIRECTORS/OFFICERS OF AFFILIATE ORGANIZATIONS false Pt VI, Line 15a THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS. Pt VI, Line 15b THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS. Pt VI, Line 12c THE CONFLICT OF INTEREST POLICY REQUIRES ANY DIRECTOR, OFFICER OR INTERESTED PERSON TO AVOID AND/OR DISCLOSE ANY POSSIBLE DIRECT OR INDIRECT FINANCIAL OR OTHER CONFLICT OF INTEREST TO THE BOARD FOR ITS DECISION AS TO THE FACTS OF THE PROPOSED TRANSACTION OR ARRANGEMENT. FAILURE TO DISCLOSE ANY CONFLICTS WILL RESULT IN APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. BOARD MEMBERS AND OFFICERS ARE REQUIRED ANNUALLY TO READ AND SIGN A STATEMENT AFFIRMING THEIR UNDERSTANDING AND COMPLIANCE WITH THE POLICY. Pt VI, Line 19 THE ORGANIZATION'S APPLICATION FOR EXEMPT STATUS OUTLINING THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND 990'S AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ATTORNEY GENERAL WEBSITE AND GUIDESTAR.ORG. Pt VI, Line 11b THE FORM 990 IS REVIEWED BY THE L.A. FAMILY HOUSING CFO. ANY SIGNIFICANT 990 ISSUES ARE DISCUSSED WITH THE L.A. FAMILY HOUSING TREASURER. Pt XI ROUNDING LA FAMILY HOUSING CORP 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 953920560 HOMELESS SERVICES AND HOUSING PROGRAMS CA 501(c)3 7 NA false COCHRAN VILLA INC 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 954311686 HOMELESS SERVICES AND HOUSING PROGRAMS CA 501(c)3 10 NA false LAFH PERMANENT HOUSING CORP I 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 954171142 HOMELESS SERVICES AND HOUSING PROGRAMS CA 501(c)3 10 NA false LAFH TEMPORARY HOUSING CORP I 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 953967934 HOMELESS SERVICES AND HOUSING PROGRAMS CA 501(c)3 7 NA false HARMONY VILLA INC 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 954340543 HOMELESS SERVICES AND HOUSING PROGRAMS CA 501(c)3 10 NA false LAFH PHASE I QALICB INC 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 474960359 HOMELESS SERVICES AND HOUSING PROGRAMS CA 501(c)3 12a LAFH true GLENOAKS GARDENS LP 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 261937940 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 THE EMERALD 2020 LP 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 851917314 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 11681 FOOTHILL LPSUMMIT VIEW 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 822460080 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 11681 FOOTHILL GP LLC 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 822443947 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 RESIDENCES ON MAIN GP LLC 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 821705816 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 TOPANGA CANYON HOUSING PARTNERS LP 2600 WILSHIRE BLVD FL 4 LOS ANGELES CA 90057 871899258 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 9502 VAN NUYS LP 9 CUSHING STE 200 IRVINE CA 92618 831579243 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 DAY STREET LP 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 274786309 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 PSH CAMPUS LP 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 474393946 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 RESIDENCES ON MAIN LP 7843 LANKERSHIM BLVD NORTH HOLLYWOOD CA 91605 821686782 HOMELESS SERVICES & HOUSING PROGRAMS CA NA N/A 0.00000 false true true false true false false false false true false false true false true false false false false LA FAMILY HOUSING CORP o 492876 COST LA FAMILY HOUSING CORP m 84262 AGREEMENT LA FAMILY HOUSING CORP e -1055677 FMV LA FAMILY HOUSING CORP j 162420 FMV PART III ALL RELATED ORGANIZATIONS TAXABLE AS A PARTNERSHIP THAT ARE LISTED HAVE A BROTHER/SISTER RELATIONSHIP WITH LAFH PHASE II QALICB, INC. WITH NO PARTNERSHIP OR MEMBERSHIP INTEREST IN THE PARTNERSHIPS. THE ANSWERS TO COLUMNS (d) THROUGH (k) ARE N/A FOR EACH LISTED ENTITY.