2024-05-01T14:15:02-05:00 2023-06-30 461171913 S D MAYER & ASSOCIATES LLP 411 BOREL AVENUE SUITE 512 SAN MATEO CA 94402 990 2022-07-01 943252567 ST CLARE APARTMENTS INC C/O ST FRANCIS CENTER STCL 6505789661 151 BUCKINGHAM AVENUE 317 REDWOOD CITY CA 94063 KATE YOUNG EXECUTIVE DIRECTOR 6505789661 2024-05-01 1 KATE YOUNG 999009999 0 MARIANNE KRISTOFFERSON P00024506 6505745000 2024-05-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATE YOUNG 151 BUCKINGHAM AVENUE 317 REDWOOD CITY CA 94063 837507 0 X N/A X 1996 CA OWNS & OPERATES 3 BUILDINGS TOTALING 41 UNITS FOR LOW/MODERATE INCOME INDIVIDUALS & FAMILIES 12 12 0 0 0 0 0 0 699877 765301 18 113 55374 72093 755269 837507 0 0 0 0 3807 3547 0 0 0 672741 665509 676548 669056 78721 168451 8439136 8412915 6815892 6621220 1623244 1791695 ST.CLARE APARTMENTS, INC IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION THAT OWNS AND OPERATES THREE APARTMENT COMPLEXES FOR A TOTAL OF 41 UNITS FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 0 0 669056 0 837394 TO PROVIDE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES. 669056 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 CA X X PRODESSE PROPERTY GROUP 6505789661 1065 E HILLSDALE BLVD SUITE 317 FOSTER CITY CA 94404 X MICHAEL PIERCE CHAIRMAN 1.00 1.00 X X 0 0 0 LYNN PIERCE TREASURER 1.00 1.00 X X 0 0 0 SUE MITCHELL SECRETARY 1.00 1.00 X X 0 0 0 ANNE BUCKLEY DIRECTOR 1.00 1.00 X 0 0 0 HUGO TORRES DIRECTOR 1.00 1.00 X 0 0 0 LISA CARLSMITH DIRECTOR 1.00 1.00 X 0 0 0 KATHLEEN PUTNAM DIRECTOR 1.00 1.00 X 0 0 0 MIKE MCKIBBEN DIRECTOR 1.00 1.00 X 0 0 0 SISTER CHRISTINA HELTSLEY OP EXECUTIVE DIR. 20.00 1.00 X 0 0 0 DIANA OTERO DIRECTOR 1.00 1.00 X 0 0 0 EDGAR TENORIO DIRECTOR 1.00 1.00 X 0 0 0 RAFAEL AVENDANO DIRECTOR 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 RENTAL INCOME 531110 765301 765301 765301 113 113 UTILITY RECOVERY 900099 57645 57645 LAUNDRY INCOME 900099 10715 10715 RENTERS INSURANCE 900099 3733 3733 72093 837507 837394 0 113 X 3547 3547 29312 29312 2253 2253 1780 1780 5506 5506 359 359 121320 121320 127040 127040 14077 14077 UTILITIES 117179 117179 PROPERTY TAXES 58521 58521 LEASE EXPENSES 54212 54212 ON-SITE MANAGER COST 44945 44945 89005 89005 669056 669056 0 0 84858 115518 13496 0 1275 0 3495 3804 9366582 1072989 8336012 8293593 8439136 8412915 3087 10086 6755753 6545868 57052 65266 6815892 6621220 X 1623244 1791695 1623244 1791695 8439136 8412915 168451 0 X 0 0 0 X 1000000 1000000 398184 410830 663447 699877 765301 2937639 398184 410830 1663447 699877 765301 3937639 0 0 0 3937639 18 113 131 18 113 131 46039 47381 47138 55374 72093 268025 444223 458211 1710585 755269 837507 4205795 0.93620 0.94530 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 930. 2020 AMOUNT: $ 199. 2021 AMOUNT: $ 1,143. 2022 AMOUNT: $ 0. UTILITY RECOVERY - 2018 AMOUNT: $ 28,165. 2019 AMOUNT: $ 2,559. 2020 AMOUNT: $ 32,369. 2021 AMOUNT: $ 38,362. 2022 AMOUNT: $ 57,645. LAUNDRY INCOME - 2018 AMOUNT: $ 14,753. 2019 AMOUNT: $ 31,021. 2020 AMOUNT: $ 11,976. 2021 AMOUNT: $ 12,493. 2022 AMOUNT: $ 10,715. RENTERS INSURANCE - 2018 AMOUNT: $ 2,191. 2019 AMOUNT: $ 13,801. 2020 AMOUNT: $ 2,594. 2021 AMOUNT: $ 3,376. 2022 AMOUNT: $ 3,733. 4541613 4541613 4544472 1055175 3489297 280497 17814 262683 8293593 SECURITY DEPOSITS 65266 65266 ST FRANCIS CENTER SPONSOR PAYOFF X 758000 0 0 1 1 ST FRANCIS CENTER SPONSOR PAYOFF - 20 NORTHUMBERLAND AVENUE X 2078800 0 0 1 1 ST FRANCIS CENTER SPONSOR ACQUISITION - ALMA LEA X 7467267 5990023 0 1 1 ST FRANCIS CENTER SPONSOR ACQUISITION AND RENOVATION - ALMA LEA APARTMENTS X 176660 555845 0 1 1 6545868 MICHAEL AND LYNN PIERCE-PRODESSE PROPERTY GROUP 29312 MANAGES THE ST. CLARE APARTMENTS, INC. BOOKS AND RECORDS. 0 ST FRANCIS CENTER SHARE A COMMON BOARD OF DIRECTORS 54212 LEASEBACK TRANSACTION WITH ST. FRANCIS CENTER OF REDWOOD CITY, WHO IS A RELATED PARTY TO ST. CLARE APARTMENTS, INC. 0 FORM 990, PART VI, SECTION A, LINE 2 THE FORM 990 WILL BE REVIEWED BY THE TREASURER AND BOARD OF DIRECTORS DURING THE NEXT MEETING BEFORE IT IS FILED. FORM 990, PART VI, SECTION A, LINE 3 PRODESSE PROPERTY GROUP, WHICH IS OWNED BY MICHAEL AND LYNN PIERCE, MANAGES ST. CLARE APARTMENTS' BOOKS AND THE APARTMENT COMPLEX OWNED BY THE ENTITY. FORM 990, PART VI, SECTION B, LINE 11B MICHAEL PIERCE, CHAIRMAN, AND LYNN PIERCE, TREASURER, HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS DOCUMENTS AVAILABLE FOR THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 24E REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 35,473. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,473. STAFF HOUSING: PROGRAM SERVICE EXPENSES 18,240. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,240. MAINTENANCE SALARY: PROGRAM SERVICE EXPENSES 12,532. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,532. HEALTH INSURANCE: PROGRAM SERVICE EXPENSES 9,345. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,345. TELECOMMUNICATIONS: PROGRAM SERVICE EXPENSES 4,394. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,394. WORKERS COMPENSATION INSURANCE: PROGRAM SERVICE EXPENSES 2,683. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,683. RENTERS INSURANCE EXPENSE: PROGRAM SERVICE EXPENSES 2,269. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,269. EMPLOYER PORTION RETIREMENT PLAN: PROGRAM SERVICE EXPENSES 1,881. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,881. TURNOVER FEES: PROGRAM SERVICE EXPENSES 489. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 489. FILING & TAXES: PROGRAM SERVICE EXPENSES 456. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 456. MEMBERSHIP DUES: PROGRAM SERVICE EXPENSES 442. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 442. CREDIT CHECK EXPENSE: PROGRAM SERVICE EXPENSES 289. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 289. ONLINE SOFTWARE SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 186. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 186. EDUCATION: PROGRAM SERVICE EXPENSES 128. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 128. MISCELLANEOUS EXPENSE: PROGRAM SERVICE EXPENSES 100. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100. MEALS: PROGRAM SERVICE EXPENSES 98. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 98. ST FRANCIS CENTER OF REDWOOD CITY 151 BUCKINGHAM AVENUE REDWOOD CITY CA 94063 943052056 HELP LOW-INCOME FAMILIES IN REDWOOD CITY CA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0