2024-11-13T18:31:39-06:00 2023-12-31 910189318 MOSS ADAMS LLP 6565 AMERICAS PARKWAY NE STE 600 ALBUQUERQUE NM 87110 990 2023-01-01 721534324 YES HOUSING OF ARIZONA INC YESH 5059239606 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 AUGUSTINE C BACA PRESIDENT/CEO 5059239606 2024-11-13 1 1 PAMELA ALEXANDERSON P01218925 5058787200 2024-11-13 2023 2024-10-15 13:58:12Z AUGUSTINE C BACA 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 1048021 0 X WWW.YESHOUSING.ORG X 2002 AZ DEVELOPMENT OF AFFORDABLE HOUSING FOR YOUTH AND FAMILIES IN ARIZONA. 5 2 0 10 0 0 0 25000 2396239 1023021 0 0 0 0 2396239 1048021 0 0 0 0 0 0 0 0 0 1737978 263299 1737978 263299 658261 784722 1125681 1822173 0 12061 1125681 1810112 DEVELOPMENT OF AFFORDABLE HOUSING FOR YOUTH AND FAMILIES IN ARIZONA. 0 0 251064 1023021 DEVELOPMENT OF AFFORDABLE HOUSING: RECEIVED A TAX CREDIT ALLOCATION FOR A 60-UNIT AFFORDABLE HOUSING DEVELOPMENT IN PHOENIX, AZ, FOR FAMILIES AND INDIVIDUALS. CONSTRUCTION BEGAN IN 2022 AND WAS COMPLETED IN DECEMBER 2023. LOAN CONVERTED IN 2024. 251064 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 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 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 2 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 X X HOLLY BARELA 5059239606 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 AUGUSTINE C BACA PRESIDENT/CEO 5.00 45.00 X X 0 263959 78633 MICHELLE DENBLEYKER BOARD MEMBER 5.00 45.00 X X 0 181843 74296 HOLLY M BARELA SECRETARY/TREASURER 5.00 45.00 X X 0 180719 63061 DR BEVERLEE MCCLURE CHAIR 0.20 0.50 X X 0 0 0 LAWRENCE CHAVEZ VICE CHAIR 0.20 0.50 X X 0 0 0 0 626521 215990 0 0 1 0 0 25000 25000 DEVELOPMENT FEES 900099 1017871 1017871 PROPERTY MANAGEMENT FE 900099 5150 5150 1023021 1048021 1023021 0 0 X 2600 2600 96637 96637 87 87 9226 9226 3303 3006 297 OPERATING TRANSFERS 151401 151401 MEMBERSHIP AND LICENSE 45 20 25 263299 251064 12235 0 1009 26000 8825 1124540 1887507 132 -100159 1125681 1822173 12061 0 12061 X 1125681 1810112 1125681 1810112 1125681 1822173 784722 -100291 0 X 0 1 X 1 0 X 25000 25000 25000 25000 25000 15793 15793 40793 4535481 0.61290 0.94060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: WITH THE EXCEPTIONS OF THE PARTNERSHIPS, ALL ENTITIES OF YES AND YES HOUSING OF ARIZONA ARE NON-PROFIT CORPORATIONS AND QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND ARE CLASSIFIED AS OTHER THAN PRIVATE FOUNDATIONS. AS SUCH, THEIR NORMAL ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. YES DID NOT INCUR ANY UNRELATED BUSINESS TAXABLE INCOME FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. AS A RESULT, YES DID NOT RECOGNIZE FEDERAL AND STATE INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. APPLE RIDGE APARTMENTS, LP; BELLA VISTA TOWNHOMES, LP; BRENTWOOD GARDENS APARTMENTS, LP; CALLE CUARTA LP, LLLP; COPPER TERRACE LIMITED PARTNERSHIP LP, LLLP; GALLUP SUNSET HILLS APARTMENTS, LLLP; MESA DEL NORTE APARTMENTS LP, LLLP; MONTANA MEADOWS APARTMENTS, LP; MUSTANG VILLAS LLC; NEW FRONTIER FAMILY LIVING, LLC; NEW LEAF COMMUNITY LP, LLLP; NUEVO ATRISCO APARTMENTS LP, LLLP; ROSWELL SUMMIT APARTMENTS, LP; SKYVIEW TERRACE LP, LLLP; SOLAR VILLA APARTMENTS LP, LLLP; UR 205 SILVER, LLC; WEST BERRY SENIOR APARTMENTS LP, LLLP; WILDEWOOD APARTMENTS, LP; AND YES DEMING MOUNTAIN VIEW APARTMENTS LP, LLLP, AS PARTNERSHIPS, ARE NOT SUBJECT TO FEDERAL INCOME TAX. THE PARTNERS SEPARATELY ACCOUNT FOR THEIR PRO-RATA SHARE OF THE PARTNERSHIPS' ITEMS OF INCOME, DEDUCTIONS, LOSSES, AND CREDITS. THEREFORE, NO PROVISION IS MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR LIABILITIES FOR FEDERAL, STATE, OR LOCAL INCOME TAXES SINCE SUCH LIABILITIES ARE THE RESPONSIBILITY OF THE INDIVIDUAL PARTNERS. YES WOULD RECOGNIZE ACCRUED INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THERE WAS NO SUCH INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022. YES FILES INFORMATIONAL TAX RETURNS AS PRESCRIBED BY THE TAX LAWS OF THE JURISDICTIONS IN WHICH IT OPERATES. IN THE NORMAL COURSE OF BUSINESS, YES IS SUBJECT TO EXAMINATION BY FEDERAL, STATE, LOCAL, AND FOREIGN JURISDICTIONS, WHERE APPLICABLE. 0 0 0 0 0 0 0 0 0 AUGUSTINE C BACA PRESIDENT/CEO 0 252170 0 5120 0 6669 0 47717 0 30916 0 342592 0 0 MICHELLE DENBLEYKER BOARD MEMBER 0 179814 0 2029 0 0 0 36591 0 37705 0 256139 0 0 HOLLY M BARELA SECRETARY/TREASURER 0 178690 0 2029 0 0 0 36591 0 26470 0 243780 0 0 FORM 990, SCHEDULE J- PART I, LINE 3 THE OFFICERS LISTED ARE COMPENSATED BY YES HOUSING, INC., A RELATED TAX-EXEMPT ORGANIZATION. YES HOUSING, INC. CHECKS THE FOLLOWING BOXES ON ITS SCHEDULE J - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE PRESIDENT/CEO AND SENIOR VICE PRESIDENT/CFO/COO. ONCE THEIR APPROVAL IS PROVIDED TO THE AUDIT FIRM, A COMPLETE COPY OF THE FORM 990 IS SENT TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED BY EACH MEMBER OF THE BOARD, OFFICERS, AND KEY EMPLOYEES EVERY YEAR. THE STATEMENT EXPLAINS THE TERMS AND ASKS FOR DETAILS REGARDING ANY CONFLICT. IF A CONFLICT ARISES THAT RELATES TO AN EMPLOYEE, IT IS REVIEWED BY THE CEO AND THEN IS PRESENTED TO THE INDEPENDENT MEMBERS OF THE BOARD IF NECESSARY. IF A CONFLICT ARISES THAT RELATES TO A BOARD MEMBER, IT IS REVIEWED BY THE CHAIRMAN OF THE BOARD AND THEN PRESENTED TO THE INDEPENDENT MEMBERS OF THE BOARD IF NECESSARY. A PERSON WITH A CONFLICT IS NOT ALLOWED TO VOTE ON SUCH TRANSACTIONS. BI-WEEKLY MANAGEMENT AND MONTHLY STAFF MEETINGS ARE USED TO DISCUSS ONGOING OR POTENTIAL DEVELOPMENTS WHERE ANY CONFLICT OF INTEREST HAS BEEN IDENTIFIED AND DISCLOSURE PROCEDURES ARE INITIATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.YESHOUSING.ORG, AND ARE ALSO MADE AVAILABLE UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G DEVELOPER CONSULTANT: PROGRAM SERVICE EXPENSES 96,637. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,637. YES HOUSING INC 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 850388252 AFFORDABLE HOUSING NM 501(C)(3) LINE 7 N/A 0 NEW FRONTIER FAMILY LIVING LLC 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 814350105 AFFORDABLE HOUSING AZ NEW FRONTIER MM LLC RELATED -70 -24309 0 1 0.00010 MUSTANG VILLAS LLC 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 861832666 AFFORDABLE HOUSING AZ YES MUSTANG VILLAS LLC RELATED -11 3881694 0 1 0.00010 NEW FRONTIER MM LLC 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 814371343 AFFORDABLE HOUSING AZ YES HOUSING OF ARIZONA INC C -70 -24309 1.00000 1 YES MUSTANG VILLAS LLC 901 PENNSYLVANIA ST NE ALBUQUERQUE NM 87110 861857732 AFFORDABLE HOUSING AZ YES HOUSING OF ARIZONA INC C -11 3881694 1.00000 1 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1