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 742465160 CAUSA COMMUNITY DEVELOPMENT INC CAUS 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 GUADALUPE BARRIO NUEVO DAVID ADAME 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 758368 0 X N/A X 1987 AZ CAUSA COMMUNITY DEVELOPMENT, INC., AN ARIZONA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN GUADALUPE, ARIZONA, KNOWN AS GUADALUPE BARRIO NUEVO APARTMENTS. THE PROJECT OPERATES UNDER SECTION 223(A)(7) OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. CAUSA COMMUNITY DEVELOPMENT, INC. HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENTS CONTRACT. 7 4 0 0 0 0 488606 443075 236506 311870 53 238 540 3185 725705 758368 0 0 0 0 151012 150279 0 0 0 704629 707499 855641 857778 -129936 -99410 2433916 2415452 4163171 4244117 -1729255 -1828665 X CAUSA COMMUNITY DEVELOPMENT, INC., AN ARIZONA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN GUADALUPE, ARIZONA, KNOWN AS GUADALUPE BARRIO NUEVO APARTMENTS. THE PROJECT OPERATES UNDER SECTION 223(A)(7) OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. CAUSA COMMUNITY DEVELOPMENT, INC. HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENTS CONTRACT. 0 0 799115 311870 CAUSA COMMUNITY DEVELOPMENT, INC., AN ARIZONA NOT-FOR-PROFIT CORPORATION, WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 60 UNIT APARTMENT COMMUNITY IN GUADALUPE, ARIZONA, KNOWN AS GUADALUPE BARRIO NUEVO APARTMENTS. THE PROJECT OPERATES UNDER SECTION 223(A)(7) OF THE NATIONAL HOUSING ACT AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE PROJECT WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. CAUSA COMMUNITY DEVELOPMENT, INC. HAS ALSO ENTERED INTO A HOUSING ASSISTANCE PAYMENTS CONTRACT. 799115 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 X 7 4 0 1 0 0 0 0 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 SECRETARY 0.50 2.50 X X 0 0 0 ALEX VARELA TREASURER 0.50 2.50 X X 0 0 0 STEPHANIE ACOSTA DIRECTOR 0.50 2.50 X 0 0 0 0 1587719 70973 0 0 1 0 0 443075 443075 RENTAL INCOME 531110 311870 311870 311870 238 238 TENANT CHARGES 531110 3185 3185 3185 758368 311870 0 3423 111229 111229 3036 3036 27663 27663 8351 8351 29526 29526 2515 2515 6320 6320 125 125 610 610 10162 10162 5616 5616 523018 523018 1964 1964 1825 1825 125818 125818 857778 799115 58663 0 28764 38675 4142 7590 23447 6663894 4677402 2091991 1986492 70579 72711 178038 172279 56954 117706 2433916 2415452 121596 221190 28662 20081 3985022 3929478 27891 73368 4163171 4244117 X -1729255 -1828665 -1729255 -1828665 2433916 2415452 -99410 0 X X 0 1 X 1 1 1 X 601388 553970 527413 488606 443075 2614452 100418 171736 189350 236506 311870 1009880 701806 725706 716763 725112 754945 3624332 0 0 0 3624332 2062 164 56 53 238 2573 2062 164 56 53 238 2573 1993 1153 8383 540 3185 15254 705861 727023 725202 725705 758368 3642159 0.99510 0.99520 0.00070 0.00070 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 312245 312245 5243723 4024564 1219159 1020939 597112 423827 86987 55726 31261 1986492 TENANT SECURITY DEPOSITS 22061 DUE TO CPLC 51307 73368 X 758368 0 758368 0 758368 914692 56914 56914 857778 0 857778 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 EXAMINATIONS FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 56,914. 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 SCH J, PART II: THE COMPENSATION LISTED ON SCHEDULE J AND ELSEWHERE IN THIS RETURN IS FOR SEVICES 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 CAUSA COMMUNITY DEVELOPMENT, INC. IS MANAGED BY TIEMPO, INC., A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. TIEMPO, INC. HAS A PROJECT OWNER'S AND MANAGEMENTS AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED TIEMPO, INC. TO MANAGE THE CAUSA COMMUNITY DEVELOPMENT, INC. APARTMENT COMMUNITY. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PART VI, SECTION A, LINE 7B NOTWITHSTANDING ANY TERM, CONDITION, OR PROVISION OF THE ARTICLES OF INCORPORATION TO THE CONTRARY, SO LONG AS A MORTGAGE OR DEED OF TRUST UPON THE CORPORATION'S PROPERTY IS INSURED OR HELD BY THE SECRETARY OF HOUSING AND URBAN DEVELOPMENT TO SECURE REPAYMENT OF THE INSURED LOAN UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT OF 1934, AS AMENDED, THE CORPORATION, WITHOUT PRIOR WRITTEN CONSENT AND APPROVAL OF SAID SECRETARY, SHALL NOT ENGAGE IN ANY OTHER BUSINESS OR ACTIVITY, INCLUDING THE OPERATION OF ANY OTHER RENTAL PROJECT, NOR INCUR ANY LIABILITY OR OBLIGATION NOT IN CONNECTION WITH THE HOUSING PROJECT WHICH IS THE SUBJECT OF THE INSURED 221(D)(3) LOAN FROM SAID SECRETARY BEING ASSUMED BY THE CORPORATION. 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 ARE 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 SANTA CRUZ APARTMENTS INC 1112 EAST BUCKEYE ROAD PHOENIX AZ 85034 860712873 LOW INCOME HOUSING AZ 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1