2024-03-27T11:22:50-07:00 2023-06-30 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2022-07-01 953130152 NEIGHBORHOOD HOUSING SERVICES OF ORANGE COUNTY INC DBA NEIGHBORWORKS ORANGE CO NEIG 7144901250 1748 W Katella Ave Ste 202 ORANGE CA 92867 HELEN O'SULLIVAN President & CEO 2024-03-27 true HELEN OSULLIVAN 999009999 true CHERI L BOGGELN P00854324 7143747434 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z 1748 W Katella Ave Ste 202 ORANGE CA 92867 6631853 false X WWW.NWOC.ORG X 1977 CA NEIGHBORWORKS ORANGE COUNTY EMPOWERS PEOPLE AND COMMUNITIES TO BUILD WEALTH THROUGH HOMEOWNERSHIP, FINANCIAL EDUCATION AND ACCESS TO AFFORDABLE HOMES. 14 13 14 39 16765 3421135 1399972 2096628 1867818 917023 1183801 -37920 6434786 4413671 0 0 1416790 1480449 73600 118493 2146354 1837141 3563144 3391190 2871642 1022481 39273947 34978645 13842640 8524857 25431307 26453788 X NEIGHBORWORKS ORANGE COUNTY EMPOWERS PEOPLE AND COMMUNITIES TO BUILD WEALTH THROUGH HOMEOWNERSHIP, FINANCIAL EDUCATION AND ACCESS TO AFFORDABLE HOMES. false false 1464559 1582125 AFFORDABLE HOUSING MANAGEMENT PROGRAM:NWOCs Affordable Housing Program provides housing to low-income families in Orange County, CA.NWOCs Affordable Housing wholly owned portfolio consists of 4 multi-family properties totaling 35 units. These units are primarily located in the cities of La Habra and Fullerton. NWOC and its wholly owned limited liability companies own a 100% interest in the following partnerships that own residential property that rent to qualified low-income tenants (Affordable Housing Properties):Partnership General Partner units Limited PartnerGarnet Housing Associates (Garnet) NWOC 18 NHSOC-Garnet LLCWalnut Housing Associates (Walnut) NWOC 47 NHSOC Homes 1, LLCNWOC employs a third party property management company to perform property management duties. The goal of the program is to provide affordable housing to households whose income falls within classifications set forth by state and/or federal guidelines, as well as investor requirements. 632238 63322 EDUCATION AND COUNSELING:OUR ORGANIZATION PROVIDES WORKSHOPS IN THE AREAS OF PURCHASING A HOME, AND FINANCIAL CAPABILITY, TO ASSIST THOSE WHO ARE INTERESTED IN ACHIEVING HOMEOWNERSHIP. IN ADDITION TO PROVIDING WORKSHOPS, OUR ORGANIZATION ALSO PROVIDES INDIVIDUAL DEVELOPMENT SESSIONS WHERE CUSTOMERS CAN WORK WITH STAFF TO DESIGN AN INDIVIDUALIZED ACTION PLAN THAT OUTLINES THE STEPS THEY NEED TO TAKE TO REACH THEIR GOAL OF HOMEOWNERSHIP. 556601 128156 DOWN PAYMENT ASSISTANCE AND LENDING:OUR LENDING DEPARTMENT OFFERS A VARIETY OF SUSTAINABLE LENDING PRODUCTS AVAILABLE FOR CUSTOMERS TO TAKE ADVANTAGE OF. AS A BROKER OF FIRST MORTGAGES WE ARE ABLE TO PROVIDE CUSTOMERS WITH SUSTAINABLE FIXED RATE MORTGAGES. TO HELP CUSTOMERS ACHIEVE AFFORDABILITY WE ALSO ARE ABLE TO COMBINE THE FIRST MORTGAGES WITH DIFFERENT TYPES OF DOWN PAYMENT ASSISTANCE PRODUCTS THAT COME FROM EITHER OUR OWN CAPITAL OR CAPITAL FROM A DIFFERENT LENDING INSTITUTION. 26185 94215 2679583 true true false false false false false false false false true false false false true true false true false false false false false true true false false false false true false false false false false false false false false false false false true true true false false false true 8 0 true 14 true true true false false false false false false 0 false false false false false false false X 14 13 false false false false false false false true true false true true true true true true true true true true false CA X X AMITA MEHTA VP OF ACCT FIN 7144901250 1748 W Katella Ave 202 ORANGE CA 92867 HELEN O'SULLIVAN PRESIDENT/CEO 40.00 0.00 X X 181143 0 24005 AMITA MEHTA SVP FIN & ADMIN 40.00 0.00 X 127455 0 20136 Brenda Magana VP DIR OF OPERA 40.00 0.00 X 93996 0 5156 Chris Garcia BOARD MEMBER 0.12 0.00 X 0 0 0 CESAR COVARRUBIAS BOARD MEMBER 0.12 0.00 X 0 0 0 Lisa Brooks Secretary 0.31 0.00 X X 0 0 0 Shantae Bennet BOARD MEMBER 0.12 0.00 X 0 0 0 ANDY LAMB Board Chair 0.31 0.00 X X 0 0 0 NORA MENDEZ Treasurer 0.31 0.00 X X 0 0 0 Mary Anne Foo BOARD MEMBER 0.12 0.00 X 0 0 0 CESAR PLASCENCIA BOARD MEMBER 0.12 0.00 X 0 0 0 Daisy Perez BOARD MEMBER 0.12 0.00 X 0 0 0 MARTIN SANCHEZ Vice Chair 0.31 0.00 X X 0 0 0 Joseph Singh BOARD MEMBER 0.12 0.00 X 0 0 0 Rose Espinosa BOARD MEMBER 0.12 0.00 X 0 0 0 Tammy Mahoney BOARD MEMBER 0.12 0.00 X 0 0 0 402594 49297 2 false true false 0 43234 1276994 79744 1399972 PROGRAM INCOME 531390 281328 281328 RENTAL INCOME 531110 1586490 1569725 16765 1867818 264063 264063 0 0 0 3100000 2180262 919738 919738 919738 43234 37920 -37920 0 0 0 4413671 1851053 16765 1183801 0 0 0 0 451891 336149 104541 11201 0 821256 610909 189991 20356 23914 17789 5532 593 99521 59848 35834 3839 83867 50434 30197 3236 12770 5986 6784 33404 15658 17746 50809 23816 26993 0 73600 73600 0 83831 39295 44536 74593 51523 20837 2233 65416 46102 19023 291 93057 65583 27061 413 0 38032 26242 10649 1141 10337 8747 1436 154 0 361 254 105 2 215867 214881 891 95 0 314507 311796 2467 244 82968 75928 6359 681 REPAIRS AND MAINTENANCE 383165 361337 21828 UTILITIES 120627 118168 2221 238 TAXES 98815 92288 6527 MANAGEMENT EXPENSE 85620 85620 72962 61230 11556 176 3391190 2679583 593114 118493 0 12014336 13780632 0 0 0 0 12402131 12414604 0 108122 94641 14588975 6493942 10390481 8095033 0 0 0 0 4358877 593735 39273947 34978645 127841 152142 8401671 6957214 5313128 1415501 13842640 8524857 X 11981542 12824462 13449765 13629326 25431307 26453788 39273947 34978645 1022481 X X false true X true false X 686117 839859 1709688 3421135 1399972 8056771 0 0 686117 839859 1709688 3421135 1399972 8056771 110326 7946445 382950 294197 275348 210395 264063 1426953 0 0 9483724 10904175 0.83790 0.82260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3984741 3984741 10155323 6464568 3690755 261870 2360 23786 240444 156015 28666 5588 179093 8095033 CDFI DEPOSITS 100000 DUE TO OTHER FUNDS 849897 LEASE LIABILITY 127243 NONRECOURSE DEBT FROM K-1 156187 QNR DEBT FROM K-1 860 RECOURSE DEBT FROM K-1 83318 TENANT SECURITY DEPOSITS 97996 1415501 X 4413671 4413671 4413671 3391190 3391190 3391190 Part X : FIN48 Footnote PART X, LINE 2:THE ORGANIZATION FOLLOWS THE PROVISIONS OF FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING, CLASSIFYING, AND DISCLOSING ANY TAX PROVISION FOR UNCERTAIN TAX PROVISIONS. AT JUNE 30, 2023 AND 2022, THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF TAX ASSETS OR LIABILITIES OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS RECOGNIZED NO INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AND STATE TAXING AUTHORITIES FOR YEARS PRIOR TO 2019 AND 2018, RESPECTIVELY. X X true FUND Consulting LLC 1165 N Clark St 608 Chicago IL 60610 Management false 48000 The Lukes Network LLC 27068 La Paz Road 820 Aliso Viejo CA 92656 Event Planning false 43234 25600 17634 43234 73600 17634 CA 43234 43234 422 8362 18526 4000 6610 43234 43234 422 8362 18526 4000 6610 37920 -37920 X false false false false false false false false false HELEN O'SULLIVAN PRESIDENT/CEO 180643 500 9165 14840 205148 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: OTHER PROGRAM SERVICES: first time homebuyers assistanceNWOC HAS VARIOUS OTHER PROGRAMS WHICH PROVIDE ASSISTANCE TO FIRST-TIME HOMEBUYERS IN ACHIEVING THEIR DREAM HOME Form 990, Part VI, Section B, Line 11b A COPY OF THE TAX RETURN IS PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE THE RETURN IS FILED. Form 990, Part VI, Section B, Line 12c OFFICERS, DIRECTORS AND KEY EMPLOYEES SIGN A FORM EACH YEAR ACKNOWLEDGING THEY ARE AWARE OF OUR CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO INFORM THE ORGANIZATION IF A SITUATION ARISES IN WHICH THEY HAVE A CONFLICT. Form 990, Part VI, Section B, Line 15a THE COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT OFFICIAL IS APPROVED BY THE BOARD OR COMPENSATION COMMITTEE. Form 990, Part VI, Section C, Line 19 PRIOR YEAR INFORMATION RETURNS (FORM 990) ARE AVAILABLE FOR PUBLIC INSPECTION ON THE GUIDESTAR WEBSITE LOCATED AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND INFORMATION RETURNS ARE AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c NO CHANGES FROM PRIOR YEAR CHANGE IN FUND BALANCE AND TOTAL ASSETS THE TAX RETURN HAS BEEN PREPARED TO INCLUDE THE ORGANIZATION'S ACTIVITIES PLUS THEIR INVESTMENT IN PARTNERSHIPS PER THEIR 2020 K-1S SO THAT THE PARTNERSHIP ACTIVITY CORRECTLY REFLECTS THE ORGANIZATION'S PERCENTAGE INTEREST IN THE PARTNERSHIPS. THE K-1S USE TAX BASIS FOR INCOME/(LOSS) AND EXPENSE ITEMS, AND THIS YEAR THE CAPITAL ACCOUNTS WERE ADJUSTED TO THE NEW DEFINITION OF TAX BASIS. AS SUCH, IT CAUSE AN ADJUSTMENT TO FUND BALANCE AS FOLLOWS:FUND BALANCE AT 6/30/2022 $ 25,431,307.CURRENT YEAR NET INCOME PER TAX 1,022,481.FUND BALANCE AT 6/30/2023 $ 26,453,788. NHSOC HOMES 1 LLC 1748 W KATELLA AVE STE 202 ORANGE CA 92867 TO HOLD LEGAL TITLE TO PROPERTY FOR USE IN FURTHERANCE CA 661917 3427973 NEIGHBORHOOD HOUSING SERVICES NHSOC-GARNET LLC 1748 W KATELLA AVE STE 202 orange CA 92867 TO HOLD LEGAL TITLE TO PROPERTY FOR USE IN FURTHERANCE CA 240093 1033545 NEIGHBORHOOD HOUSING SERVICES LEMON TOWN HOMES ASSOCIATION 1748 W KATELLA AVE STE 202 orange CA 92867 320167560 HOME OWNERS ASSOCIATION CA 528 N/A NEIGHBORHOOD HOUSING SERVICES true ORANGE COUNTY HOUSING TRUST 1748 W KATELLA AVE STE 202 ORANGE CA 92867 271364961 FINANCE WORKFORCE AND AFFORDABLE HOUSING CA 501(C)(3) 509(A) NA true false false false true true false false false false false false true false false false false true false false PART I, IDENTIFICATION OF DISREGARDED ENTITIES: NAME OF DISREGARDED ENTITY: NHSOC- HOMES1 LLCPRIMARY ACTIVITY: TO HOLD LEGAL TITLE TO PROPERTY FOR USE IN FURTHERANCE OF EXEMPT PURPOSES. NAME OF DISREGARDED ENTITY:NHSOC- GARNET LLCPRIMARY ACTIVITY: TO HOLD LEGAL TITLE TO PROPERTY FOR USE IN FURTHERANCE OF EXEMPT PURPOSES. PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME, ADDRESS, AND EIN OF RELATED ORGANIZATION:LEMON TOWN HOMES ASSOCIATIONEIN: 32-01675601748 W. KATELLA AVE., STE. 202ORANGE, CA 92867PRIMARY ACTIVITY: HOME OWNERS ASSOCIATIONDIRECT CONTROLLING ENTITY: NEIGHBORHOOD HOUSING SVCSNAME, ADDRESS, AND EIN OF RELATED ORGANIZATION:ORANGE COUNTY HOUSING TRUSTEIN: 27-13649611748 W. KATELLA AVE., STE. 2020RANGE, CA 92867PRIMARY ACTIVITY: FINANCE WORKFORCE AND AFFORDABLE HOUSINGDIRECT CONTROLLING ENTITY: N/A