2023-09-18T11:27:35-07:00 2022-12-31 680199099 Spiteri Narasky & Daley LLP 3470 Mt Diablo Blvd Suite A300 Lafayette CA 94549 990 2022-01-01 942565270 PEP Housing PEPH 7077622336 625 Acacia Lane Santa Rosa CA 95409 SEAN PRYDEN Chairperson 2023-09-14 true SEAN PRYDEN 999009999 true Claude A Persons P00011016 9253762195 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X SEAN PRYDEN 625 Acacia Lane Santa Rosa CA 95409 7903970 false X WWW.PEPHOUSING.ORG X 1978 CA PEP HOUSING, A NONPROFIT ORGANIZATION, DEVELOPS AND MANAGES QUALITY AFFORDABLE HOUSING AND PROVIDES SUPPORTIVE SERVICES FOR OLDER ADULTS WITH LIMITED INCOMES. 11 11 49 0 1898678 2375308 4015660 5259837 255170 268825 0 6169508 7903970 1548073 102500 0 1677536 1651999 0 85993 2206838 3676280 5432447 5430779 737061 2473191 20234372 23521285 10710176 11618042 9524196 11903243 X PEP HOUSING, A NONPROFIT ORGANIZATION, DEVELOPS AND MANAGES QUALITY AFFORDABLE HOUSING AND PROVIDES SUPPORTIVE SERVICES FOR OLDER ADULTS WITH LIMITED INCOMES. false false 1977306 728551 DIRECTLY OWNS AND OPERATES 7 BUILDINGS, COMPRISING OF 85 UNITS OF LOW-INCOME HOUSING FOR SENIOR CITIZENS AND PERSONS WITH DISABILITIES IN PETALUMA, CALIFORNIA. 1546456 587314 THE CORPORATION SERVES AS A GENERAL PARTNER OR LIMITED PARTNER IN FOUR LIMITED PARTNERSHIPS WHICH PROVIDE A TOTAL OF 156 TOTAL UNITS OF LOW-INCOME HOUSING LOCATED IN PETALUMA AND KENTFIELD, CALIFORNIA. THE CORPORATION ALSO SERVES AS THE SOLE OWNER OF ONE LIMITED LIABILITY COMPANY WHICH PROVIDES 49 UNITS OF LOW-INCOME HOUSING LOCATED IN SANTA ROSA, CA. 743718 102500 3336870 PROVISION OF DEVELOPMENT & CONSTRUCTION MANAGEMENT SERVICES IN THE DEVELOPMENT AND REHABILITAION OF AFFORDABLE HOUSING PROJECTS FOR THE BENEFIT OF LOW-INCOME SENIOR CITIZENS AND PERSONS WITH DISABILITIES. 689078 607102 4956558 true true false false false false false false false false true false false true true true false true false false false false false false false false false true false true false false false false false false false false false false false false true true true true false false true 28 0 true 49 true false false false false false false false 0 false false false false false false false X 11 11 true false true false false false false true true false false false true true false false false true false false CA X X X TREASURER 7077622336 625 ACACIA LANE SANTA ROSA CA 95409 MARY STOMPE EXEC DIR/A SECR 49.00 1.00 X 218918 0 7754 SHARON PATCHIN-REDMAN DIR OF HUMN RSC 40.00 1.00 124137 0 18953 JIM WALLEN DIR. OF HSG DEV 40.00 1.00 121723 0 17213 DOMINIC ROYBAL DIR OF PROP MGMT 40.00 1.00 120205 0 10977 SEAN PRYDEN President 0.50 2.50 X X 0 0 0 GEORGE SPRAGENS Vice President 0.50 2.50 X X 0 0 0 BEN PRYDEN Treasurer 0.50 2.50 X X 0 0 0 MARY SAVAGE Secretary 0.50 2.50 X X 0 0 0 ARTHUR COOPER Former Director 0.50 2.50 X 0 0 0 SID LIPTON Director 0.50 2.50 X 0 0 0 ANNA ROSE Director 0.50 2.50 X 0 0 0 JOSEPH TINNEY Director 0.50 2.50 X 0 0 0 HARRY COFFEY Director 0.50 2.50 X 0 0 0 DON ROSS Director 0.50 2.50 X 0 0 0 JEFF MAYNE Director 0.50 2.50 X 0 0 0 ROY MARTINEZ Director 0.50 2.50 X 0 0 0 584983 54897 4 false true false BUSINESS MATE 1565 BRUSH CREEK ROAD SANTA ROSA CA 95404 FINANCIAL CONSULTING 102666 1 32563 1689435 653310 2375308 ALLOCABLE SHARE PS RENTS 531110 587314 587314 DEVELOPER FEES 531110 3336870 3336870 PROPERTY MANAGEMENT FEE 531310 562630 562630 TENANT RENTS 531110 719483 719483 TENANT SERVICES INCOME 531110 37500 37500 16040 16040 5259837 268825 268825 0 0 0 0 0 0 0 0 7903970 5259837 268825 102500 102500 0 0 0 226672 183472 17280 25920 0 1158348 903034 232672 22642 24142 17139 5864 1139 140670 114627 21806 4237 102167 80692 17981 3494 0 10257 9259 998 39750 39750 0 0 0 189268 170839 18429 13025 12320 705 91078 83605 7073 400 66031 60831 5200 0 1180599 1172410 7221 968 2162 2146 16 0 40190 36482 3708 0 0 320916 313889 7027 0 ALLOCABLE SHARE PS EXPENSES 1546456 1546456 RESIDENT ASSISTANCE 100231 100231 COMMUNITY RELATIONS 27113 131 26982 MISCELLANEOUS 18243 16829 1414 30961 29666 1084 211 5430779 4956558 388228 85993 375688 1320272 2820543 2287601 0 168457 115533 0 0 3153931 3391075 0 109965 87808 14558620 4454453 10218846 10104167 779423 695210 0 340503 -176235 0 2267016 5695854 20234372 23521285 1511450 2387146 9137165 9167813 61561 63083 10710176 11618042 X 8197928 11823434 1326268 79809 9524196 11903243 20234372 23521285 2473191 -94144 X false true X true false X 1968420 1603773 2591001 1898678 2375308 10437180 0 0 1968420 1603773 2591001 1898678 2375308 10437180 1395803 9041377 230570 266501 274849 255170 268825 1295915 0 0 11733095 14518516 0.77060 0.73990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1985213 1985213 10907266 3358887 7548379 1055700 648639 407061 394962 242154 152808 215479 204773 10706 10104167 INVESTMENT IN TOUSSIN SENIOR APTS, LP 290223 C INVESTMENT IN CASA GRANDE SENIOR APTS LP -466458 C A/R - AFFILIATES 5536987 DEVELOPMENT IN PROGRESS 158867 5695854 Tenant Security Deposits 63083 63083 X Part X : FIN48 Footnote PEP Housing and other not-for profit corporations have been granted tax-exempt status by the Internal Revenue Service, under Code Section 501(C)(3), and the California Franchise Tax Board under the Revenue and Taxation Code Section 23701(d). The income or loss from the partnerships is reported by the partners on their tax returns.No income tax provision has been included in the combined financial statements for the single member limited companies which are generally considered disregarded entities. The income and loss of the LLCs is included in the tax returns of their respective sole members. Only the annual California limited liability company minimum tax and the annual fee appear as expense in the combined financial statements.PEP Housing 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. PEP and affiliates federal and state income tax and information returns for the years 2018 through 2021 are subject to examination by the regulatory agencies, generally for three years and four after they were filed for federal and state, respectively. true CAULFIELD LANE SENIOR HSG INC 625 ACACIA LANE SANTA ROSA CA 95409 680253852 501(C)(3) 102500 0 GNRL SUPPORT: LOW-INC HSG 1 0 Grantmaker's Description of How Grants are Used ALL OF THE OFFICERS AND DIRECTORS OF THE BOARD OF DIRECTORS OF PEP HOUSING ARE OFFICERS OR DIRECTORS OF THE RECEIPIENT 501(C)(3) ORGANIZATION, CAULFIELD LANE SENIOR HOUSING, INC (CLSHI). THEREFORE, THERE IS DIRECT OVERSIGHT OF THE GRANT FUNDS CONTRIBUTED TO CLSHI. X false false false false false false false true false MARY STOMPE EXEC DIR/A SECR 173818 45100 6327 1427 226672 Part I, Line 7: Non-Fixed payments not listed above THE ANNUAL BONUS OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS AND IS BASED UPON TOTAL COMPENSATION FOR SIMILAR ROLES IN SIMILAR ORGANIZATIONS. FOR 2022'S BONUS, ADDITIONAL CONSIDERATION WAS GIVEN DUE TO ADDITIONAL WORKLOAD TAKEN ON BY THE EXEUCTIVE DIRECTOR DURING THE MONTHS THE DIRECTOR OF FINANCE POSITION AT THE ORGANIZATION WAS VACANT.ANNUAL EMPLOYEE BONUSES ARE DETERMINED BY THE EXECUTIVE DIRECTOR AND ARE BASED ON A COMBINATION OF FULL TIME EQUIVALENT STATUS, LEVEL OF RESPOSIBILITY AND TASK BASED GOALS COMPLETED. Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: THE CORPORATION SERVES AS A GENERAL PARTNER OR LIMITED PARTNER IN FOUR LIMITED PARTNERSHIPS WHICH PROVIDE A TOTAL OF 156 TOTAL UNITS OF LOW-INCOME HOUSING LOCATED IN PETALUMA AND KENTFIELD, CALIFORNIA. THE CORPORATION ALSO SERVES AS THE SOLE OWNER OF ONE LIMITED LIABILITY COMPANY WHICH PROVIDES 49 UNITS OF LOW-INCOME HOUSING LOCATED IN SANTA ROSA, CA. Form 990, Part VI, Section A, Line 2 SEAN PRYDEN AND BEN PRYDEN - BROTHERS Form 990, Part VI, Section A, Line 4 DURING 2022, BOTH THE ARTICLES OF INCORPORATION AND THE BYLAWS OF THE CORPORATION WERE AMENDED TO CHANGE THE NAME OF THE CORPORATION TO PEP HOUSING. Form 990, Part VI, Section B, Line 11b THERE IS NO REVIEW PROCESS FOR THE FORM 990 BY THE BOARD OF DIRECTORS. FORM 990 IS REVIEWED BY THE FINANCE DIRECTOR AND SIGNED BY A BOARD OFFICER. Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS REVIEWS COMPARABLE DATA AND DETERMINES THE EXECUTIVE DIRECTOR'S COMPENSATION. Form 990, Part VI, Section B, Line 15b BOARD OF DIRECTORS REVIEWS COMPARABLE DATA AND DETERMINES EXECUTIVE DIRECTORS COMPENSATION. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE SENT BY MAIL OR EMAIL UPON REQUEST. Form 990, Page 4, Part V, Line 1a Explanation IN ADDITION TO THE EIGHTEEN 1099s ISSUED BY PEP HOUSING (PEP), 1099s were issued by the following Disregarded Single Member LLCs of which PEP is the sole member:VIGIL LIGHT SENIOR APARTMENTS LLC, FEIN 85-4169170 - 7 Form 1099PEP - 21 FORMS 1099Total Number of Forms issued = 28 VIGIL LIGHT SENIOR APARTMENTS LLC 625 ACACIA LANE SANTA ROSA CA 95409 854169170 LOW-INCOME HOUSING CA 923242 8193477 PEP HOUSING CAULFIELD LANE SENIOR HOUSING INC 625 ACACIA LANE SANTA ROSA CA 95409 680253852 LOW-INCOME HOUSING CA 501(C)(3) 10 PEP HOUSING true 575 VALLEJO INC 625 ACACIA LANE SANTA ROSA CA 95409 680300447 LOW-INCOME HOUSING CA 501(C)(3) 10 PEP HOUSING true EDITH STREET APARTMENTS INC 625 ACACIA LANE SANTA ROSA CA 95409 943325633 LOW-INCOME HOUSING CA 501(C)(3) 7 PEP HOUSING true RICHARD S LIEB SENIOR APARTMENTS INC 625 ACACIA LANE SANTA ROSA CA 95409 710928528 LOW-INCOME HOUSING CA 501(C)(3) 7 PEP HOUSING true CASA GRANDE SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 020793145 LOW-INC HSG CA PEP HOUSING RELATED -411108 3475609 false true 0.30000 575 VALLEJO STREET ASSOCIATES 625 ACACIA LANE SANTA ROSA CA 95409 680300444 LOW-INC HSG CA PEP HOUSING RELATED -262925 2167285 false false 0.99000 579 VALLEJO STREET ASSOCIATES 625 ACACIA LANE SANTA ROSA CA 95409 680391342 LOW-INC HSG CA PEP HOUSING RELATED 1063 2220137 false false 1.00000 TOUSSIN SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 271386487 LOW-INC HSG CA PEP HOUSING RELATED 1 321265 false true 0.14122 ACACIA LANE SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 264729865 LOW-INC HSG CA CAULFIELD LANE false true KELLGREN SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 454320218 LOW-INC HSG CA CAULFIELD LANE false true ORANGE TREE SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 454320160 LOW-INC HSG CA CAULFIELD LANE false true SUN HOUSE SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 811017231 LOW-INC HSG CA CAULFIELD LANE false true RIVER CITY SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 825501768 LOW-INC HSG CA CAULFIELD LANE false false PONY EXPRESS SENIOR APARTMENTS LP 625 ACACIA LANE SANTA ROSA CA 95409 831065901 LOW-INC HSG CA CAULFIELD LANE false false true true true true false false false false false false false true false false false false true false false CAULFIELD LANE SENIOR HOUSING INC b 102500 CASH PAID CAULFIELD LANE SENIOR HOUSING INC c 32563 CASH RECEIVED CAULFIELD LANE SENIOR HOUSING INC l 679900 CY FEES EARNED 575 VALLEJO STREET ASSOCIATES a 237144 CY INTEREST 575 VALLEJO STREET ASSOCIATES d 3027075 O/S PRINC&INT 575 VALLEJO STREET ASSOCIATES l 66840 CY FEES EARNED 579 VALLEJO STREET ASSOCIATES l 66485 CY FEES EARNED