2023-11-07T18:10:18-06:00 2022-12-31 943108253 NOVOGRADAC & COMPANY LLP 211 E OCEAN BLVD SUITE 600 LONG BEACH CA 90802 990 2022-01-01 461897606 COMMUNITY ART STABILIZATION TRUST COMM 4155569888 447 MINNA ST 4TH FLOOR SAN FRANCISCO CA 94103 KIYOSHI IKEDA CEO 4155569888 2023-11-07 1 KIYOSHI IKEDA 999009999 1 BRYAN HUNG P01553971 5624329482 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KIYOSHI IKEDA 447 MINNA ST 4TH FLOOR SAN FRANCISCO CA 94103 1285415 0 X HTTP://CAST-SF.ORG X 2013 CA PURCHASING AND LEASING SPACE FOR THE EXCLUSIVE USE OF NONPROFIT ARTS ORGANIZATIONS SERVING LOW INCOME COMMUNITIES. 6 6 12 0 0 0 8753180 751800 2400 199434 328316 334181 0 0 9083896 1285415 35000 1955433 0 0 1218493 1556795 0 0 484663 757735 896376 2011228 4408604 7072668 -3123189 32285365 33509608 381961 4477758 31903404 29031850 TO CREATE STABLE PHYSICAL SPACES FOR ARTS AND CULTURAL ORGANIZATIONS TO FACILITATE EQUITABLE URBAN TRANSFORMATION. 0 0 3360553 1955433 504660 COMMUNITY ART STABILIZATION TRUST CREATES STABLE PHYSICAL SPACES FOR ARTS AND CULTURAL ORGANIZATIONS, PROPERTIES FOR PURCHASE OR MASTER LEASING, AND IMPLEMENTING COMPLEMENTARY INITIATIVES WHICH BUILD KNOWLEDGE AND CAPABILITY OF ARTS ORGANIZATIONS TO MAKE THOUGHTFUL, INFORMED DECISIONS REGARDING REAL ESTATE MATTERS. INITIATIVES INCLUDE THE KEEPING SPACE - OAKLAND PROGRAM WHICH PROVIDES TECHNICAL ASSISTANCE, NETWORKING OPPORTUNITIES, RESEARCH AND LIMITED RE-GRANTING FUNDS SUPPORTING ARTS ORGANIZATIONS' EFFORTS TO FIND, SECURE AND MANAGE LONG-TERM REAL ESTATE PROJECTS. 3360553 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 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 1 0 0 1 0 0 12 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 1 1 0 CA X KIYOSHI IKEDA 4155569888 447 MINNA ST 4TH FLOOR SAN FRANCISCO CA 94103 TIM VAN LOAN DIRECTOR 1.00 X 0 0 0 IMAAN TAGHAVI DIRECTOR 1.00 X 0 0 0 SHELLEY TROTT BOARD PRESIDENT 1.00 X 0 0 0 DEBORAH CULLINAN DIRECTOR 1.00 X 0 0 0 BRADY FORREST DIRECTOR 1.00 X 0 0 0 MOY ENG CEO EMERITUS 40.00 X 270019 0 2850 OWEN LEVIN DIRECTOR OF FINANCE AND OPERATIONS 40.00 X 156590 0 3410 CAROLYN CHOY DIRECTOR OF REAL ESTATE DEVELOPMENT AND PARTNERSHI 40.00 X 148618 0 13167 JOSHUA SIMON SENIOR ADVISOR 40.00 X 192773 0 450 768000 0 19877 4 0 1 0 0 40101 711699 751800 MANAGEMENT FEES 561000 113941 113941 REIMBURSEMENT INCOME 561000 85493 85493 199434 334181 305226 28955 1285415 504660 0 28955 1955433 1955433 787877 373606 201659 212612 595357 282314 152383 160660 80771 38301 20674 21796 92790 44000 23750 25040 17785 11627 4835 1323 61400 40141 16693 4566 97561 63783 26524 7254 365765 234090 91442 40233 94581 60532 23645 10404 4257 2724 1064 469 1860 1860 2877 1852 719 306 FLOW THROUGH LOSS FROM 250290 250290 4408604 3360553 563388 484663 6877603 4671848 2400000 162500 583110 1445676 19659297 22788837 3000 1000 1358077 1763031 0 1404278 2676716 32285365 33509608 381961 549048 0 3928710 381961 4477758 X 26311846 24944537 5591558 4087313 31903404 29031850 32285365 33509608 X -3123189 251635 X 0 1 X 1 0 X 6651047 881735 2607419 8765680 751800 19657681 6651047 881735 2607419 8765680 751800 19657681 7227036 12430645 39038 159653 211517 261192 301318 972718 73740 37000 20500 2400 85493 219133 20849532 2037470 0.59620 0.65680 X SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: 2018 CONSULTING: $ 12,200 OTHER INCOME: $ 50,000 MISCELLANEOUS: $ 11,540 2019 CONSULTING: $ 37,000 2020 CONSULTING: $ 20,500 2021 MISCELLANEOUS: $ 2,400 2022 MISCELLANEOUS: $ 85,493 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CAST POWERHOUSE MANAGER 1763031 C 1763031 RELATED PARTY RECEIVABLE 2046868 RIGHT-OF-USE ASSET 629848 2676716 ST LEASE LIABILITY 60477 LT LEASE LIABILITY 728765 RELATED PARTY PAYABLE 9928 DEFERRED REVENUE 3129540 3928710 1 CAST 447 MINNA LLC 447 MINNA ST 4TH FLOOR SAN FRANCISCO CA 94103 843871348 501(C)(3) 1955433 0 CONSTRUCTION IN PROGRESS X X X X 0 0 0 0 0 0 0 0 0 MOY ENG CEO EMERITUS 270019 0 0 0 0 0 0 0 2850 0 272869 0 0 0 JOSHUA SIMON SENIOR ADVISOR 192773 0 0 0 0 0 0 0 450 0 193223 0 0 0 CAROLYN CHOY DIRECTOR OF REAL ESTATE DEVELOPMENT 148618 0 0 0 0 0 0 0 13167 0 161785 0 0 0 OWEN LEVIN DIRECTOR OF FINANCE AND OPERATIONS 156590 0 0 0 0 0 0 0 3410 0 160000 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND SUPPORTING SCHEDULES ARE PREPARED BY TAX PREPARER. THE ORGANIZATION'S TREASURER WILL REVIEW FORM 990 WITH ANY QUESTIONS OR CONCERNS TO THE STAFF AND RECOMMEND ITS APPROVAL BY THE ENTIRE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ACCORDING TO THE FRAMEWORK OUTLINED IN THE BYLAWS APPENDIX A: CONFLICT OF INTEREST POLICY, THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE IN REAL ESTATE TRANSACTIONS PERFORMED, WHICH IS THE ORGANIZATION'S CORE WORK, AND IN OTHER RELATED BUSINESS AREAS. THE BOARD AND EXECUTIVE DIRECTOR ARE CLEAR AND MINDFUL OF THE POSSIBLE CONFLICTS OF THE WORK IN WHICH THE ORGANIZATION EXECUTES. TO DATE, THE BOARD NOR EXECUTIVE DIRECTOR HAVE PRESENTED ISSUES REGARDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE CEO HAS AN ANNUAL REVIEW CONDUCTED BY THE BOARD OF DIRECTORS WHICH INCLUDES COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE BOARD SURVEYS OTHER SIMILAR ORGANIZATIONS OR SALARY COMPARISONS AND COMPREHENSIVE NOTES ARE RETAINED OF THE REVIEW AND DELIBERATION PROCESS. THE CEO AND COO CONDUCT ANNUAL REVIEWS OF KEY EMPLOYEES INCLUDING RESEARCH OF COMPETITIVE SALARY COMPARISONS AND COMPREHENSIVE NOTES ARE KEPT ON THE DELIBERATIONS AND REVIEW DISCUSSIONS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS WILL BE MADE AVAILABLE FOR PUBLIC INSPECTION UPON LETTER REQUEST UNDER INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART XI, LINE 9: AMORTIZATION EXPENSE 1,860. NET RENTAL LOSS - CAST 1007 MARKET, LLC 2,273. NET RENTAL GAIN - CAST 80 TURK, LLC 10,543. SUSPENDED LOSSES 237,474. FLOW THROUGH (INCOME) LOSS - CAST POWERHOUSE MANAGER, LLC -515. 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