2024-01-23T09:14:35-06:00 2023-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2022-07-01 860712873 SANTA CRUZ APARTMENTS INC SANT 6022520482 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 JESSE SATTERLEE CHIEF FINANCIAL OFFICER 6022520482 2024-01-22 1 JESSE SATTERLEE 999009999 0 ROBERT JOHNSON P01081675 3178485700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID ADAME 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 1189541 0 X N/A X 1992 AZ SANTA CRUZ APARTMENTS, INC. WAS ORGANIZED TO ACQUIRE, OWN AND OPERATE A 132 UNIT APARTMENT COMMUNITY IN TUCSON, ARIZONA, KNOWN AS SANTA CRUZ APARTMENTS. THE COMMUNITY WAS PURCHASED FROM THE RESOLUTION TRUST CORPORATION ON DECEMBER 17, 1993. THE COMMUNITY WAS ORIGINALLY FINANCED BY THE CORPORATION UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. ON JUNE 24, 2003, THE COMMUNITY WAS REFINANCED AND THE FHA MORTGAGE LOAN WAS PAID IN FULL. 7 4 0 0 0 0 0 0 972327 1102359 124 603 65404 86579 1037855 1189541 0 0 0 0 166180 195116 0 0 0 634171 771220 800351 966336 237504 223205 1560587 1778171 2036298 2030677 -475711 -252506 X SANTA CRUZ APARTMENTS, INC. WAS ORGANIZED TO ACQUIRE, OWN AND OPERATE A 132 UNIT APARTMENT COMMUNITY IN TUCSON, ARIZONA, KNOWN AS SANTA CRUZ APARTMENTS. THE COMMUNITY WAS PURCHASED FROM THE RESOLUTION TRUST CORPORATION ON DECEMBER 17, 1993. THE COMMUNITY WAS ORIGINALLY FINANCED BY THE CORPORATION UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. ON JUNE 24, 2003, THE COMMUNITY WAS REFINANCED AND THE FHA MORTGAGE LOAN WAS PAID IN FULL. 0 0 837904 1102359 SANTA CRUZ APARTMENTS, INC. WAS ORGANIZED TO ACQUIRE, OWN AND OPERATE A 132 UNIT APARTMENT COMMUNITY IN TUCSON, ARIZONA, KNOWN AS SANTA CRUZ APARTMENTS. THE COMMUNITY WAS PURCHASED FROM THE RESOLUTION TRUST CORPORATION ON DECEMBER 17, 1993. THE COMMUNITY WAS ORIGINALLY FINANCED BY THE CORPORATION UNDER SECTION 207 PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. ON JUNE 24, 2003, THE COMMUNITY WAS REFINANCED AND THE FHA MORTGAGE LOAN WAS PAID IN FULL. 837904 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 13 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 4 0 1 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X QING CHEN 6022570700 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 X DAVID ADAME CHAIRMAN 0.50 40.00 X X 0 809241 20934 ALICIA NUNEZ CFO 0.50 40.00 X X 0 374101 27532 MAX GONZALES DIRECTOR 0.50 40.00 X 0 404377 22507 ANTONIO MOYA DIRECTOR 0.50 2.50 X 0 0 0 DELMA HERRERA DIRECTOR 0.50 2.50 X 0 0 0 ALEX VARELA TREASURER 0.50 2.50 X X 0 0 0 STEPHANIE ACOSTA SECRETARY 0.50 2.50 X X 0 0 0 0 1587719 70973 0 0 1 0 0 RENTAL INCOME 531110 1102359 1102359 1102359 603 603 TENANT CHARGES 531110 77786 77786 LAUNDRY AND VENDING 531110 7079 7079 OTHER REVENUE - MISC. 531110 1714 1714 86579 1189541 1102359 0 87182 158520 158520 3619 3619 20655 20655 12322 12322 46935 46935 4924 4924 7030 7030 5855 5855 10403 10403 24880 24880 8186 8186 586527 586527 4731 4731 1657 1657 53024 53024 MANAGER UNIT 13831 13831 BAD DEBTS 3237 3237 966336 837904 128432 0 983606 1139896 1182 1182 16201 7611 6143 15964 1847590 1577786 312792 269804 143758 179651 48506 38470 48399 125593 1560587 1778171 57973 82671 33311 38043 1919523 1879222 25491 30741 2036298 2030677 X -475711 -252506 -475711 -252506 1560587 1778171 223205 0 X X 0 1 X 1 0 X 852055 882897 902093 972327 1102359 4711731 852055 882897 902093 972327 1102359 4711731 0 0 0 4711731 77 89 90 124 603 983 77 89 90 124 603 983 87913 81079 78913 65404 86579 399888 940045 964065 981096 1037855 1189541 5112602 0.92160 0.91580 0.00020 0.00010 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. 133276 133276 1312623 1194454 118169 105310 86951 18359 296381 296381 0 269804 REPLACEMENT RESERVE FUND 179651 C 179651 SECURITY DEPOSITS 31190 MORTGAGE ESCROWS 94403 125593 TENANT SECURITY DEPOSITS 30741 30741 X 1189541 0 1189541 0 1189541 966336 0 966336 0 966336 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITIES. 0 0 0 0 0 0 0 0 0 DAVID ADAME CHAIRMAN 0 809241 0 0 0 0 0 2885 0 18049 0 830175 0 0 MAX GONZALES DIRECTOR 0 404377 0 0 0 0 0 5123 0 17384 0 426884 0 0 ALICIA NUNEZ CFO 0 374101 0 0 0 0 0 6262 0 21270 0 401633 0 0 SCHEDULE J, PART II: THE COMPENSATION LISTED ON SCHEDULE J AND ELSEWHERE IN THIS RETURN IS FOR SERVICES PROVIDED TO AND PAID BY CHICANOS POR LA CAUSA, INC. WHICH IS A RELATED ORGANIZATION THROUGH COMMON BOARD OF DIRECTORS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 SANTA CRUZ APARTMENTS, INC. IS MANAGED BY TIEMPO MANAGEMENT COMPANY, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. TIEMPO HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED TIEMPO TO MANAGE THE SANTA CRUZ APARTMENT COMMUNITY. FORM 990, PART VI, SECTION A, LINE 7A ALL MEMBER-DIRECTORS MUST AT ALL TIMES ALSO BE INDIVIDUALS WHO ARE EITHER MEMBERS OF THE BOARD OF DIRECTORS OF CHICANOS POR LA CAUSA, INC., AN ARIZONA NONPROFIT CORPORATION ("SPONSOR") OR NON-MEMBERS OF THE BOARD OF DIRECTORS OF THE SPONSOR WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SPONSOR. FORM 990, PART VI, SECTION A, LINE 7B ANY DIRECTOR MAY BE REMOVED FROM OFFICE WITH OR WITHOUT CAUSE AT ANY REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS OF THE SPONSOR. FORM 990, PART VI, SECTION B, LINE 11B THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES AN ANNUAL DECLARATION BY ALL BOARD MEMBERS AND KEY STAFF. THE ORGANIZATION ADHERES TO THE CODE OF CONFLICT GUIDELINES IN THE OMB A110 CIRCULAR. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS. ANY BOARD MEMBER WHO HAS A POTENTIAL CONFLICT OF INTEREST IN A SPECIFIC ACTION OF THE BOARD UNDER CONSIDERATION AT A MEETING IS EXPECTED TO EXCUSE THEMSELVES FROM ANY INFLUENCE ON SUCH ACTION, REQUEST THE MINUTES OF THE MEETING, NOTE THEIR ABSTENTION AND, WHERE APPROPRIATE, LEAVE THE ROOM DURING DISCUSSION OF THE ACTION. SINCE EVERY SITUATION AND CIRCUMSTANCE CANNOT BE ANTICIPATED OR DISCLOSED IN ADVANCE, THE ORGANIZATION RELIES UPON THE HONESTY AND INTEGRITY OF EACH INDIVIDUAL TO COMPLY WITH THIS PROTOCOL. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION IS MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II: THE COMPENSATION LISTED ON SCHEDULE J AND ELSEWHERE IN THIS RETURN IS FOR SERVICES PROVIDED TO AND PAID BY CHICANOS POR LA CAUSA, INC. WHICH IS A RELATED ORGANIZATION THROUGH COMMON BOARD OF DIRECTORS WITH THE ORGANIZATION. FORM 990, PART XII, LINE 2C: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. CHICANOS POR LA CAUSA INC 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 860227210 COMMUNITY ECONOMIC DEVELOPMENT AZ 501(C)(3) LINE 7 N/A 0 PUEBLO SENIOR HOUSING INC 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 860757227 LOW INCOME HOUSING AZ 501(C)(3) LINE 10 N/A 0 CASA MIA SENIOR APARTMENTS INC 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 742465161 LOW INCOME HOUSING AZ 501(C)(3) LINE 10 N/A 0 CASA DEL PUEBLO II 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 392075488 LOW INCOME HOUSING AZ 501(C)(3) LINE 7 N/A 0 CAUSA COMMUNITY DEVELOPMENT INC 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 742465160 LOW INCOME HOUSING AZ 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0