2024-10-29T13:10:28-05:00 2023-12-31 946214841 ARMANINO ADVISORY LLC 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2023-01-01 770568015 SUNSET CHARITIES HOUSING CORPORATION SUNS 4085508300 1400 PARKMOOR AVE 190 SAN JOSE CA 95126 TERRI FUKUDA CONTROLLER 4085508300 2024-10-29 1 1 MATTHEW PETROSKI P00853132 4082006400 2024-10-28 2023 2024-10-15 13:58:12Z MARK MIKL 1400 PARKMOOR AVE 190 SAN JOSE CA 95126 867748 0 0928 X WWW.CHARITIESHOUSING.ORG X 2001 CA TO PROVIDE LOW INCOME PERSONS IN SANTA CLARA COUNTY, CALIFORNIA WITH HOUSING FACILITIES AND SERVICES. 9 7 0 7 0 0 237963 264518 428279 602112 276 1118 0 0 666518 867748 0 0 0 0 44350 44764 0 0 0 469079 1002398 513429 1047162 153089 -179414 11552929 10757056 9732676 9116217 1820253 1640839 TO DEVELOP AND MANAGE HIGH QUALITY AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS AND THEIR FAMILIES. THROUGH PROPERTY MANAGEMENT AND STRUCTURED RESIDENT INVOLVEMENT, THE ORGANIZATION CONTRIBUTES TO THE HIGHEST STANDARDS OF HUMAN DIGNITY AND PARTICIPATION IN OUR COMMUNITY. 0 0 1032582 602112 RENTAL OPERATION OF WESTWOOD AMBASSADOR APARTMENTS ("WESTWOOD"), A 42-UNIT APARTMENT COMPLEX IN SANTA CLARA, CALIFORNIA FOR LOW AND MODERATE INCOME HOUSEHOLDS. 72 INDIVIDUALS WERE SERVED DURING THE 12/31/2023 YEAR END. 1032582 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 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 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 1 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 CA X CHARITIES HOUSING DEVELOPMENT CORPORATION 4085508300 1400 PARKMOOR AVE 190 SAN JOSE CA 95126 X MARK MIKL EXECUTIVE DIRECTOR 40.00 1.00 X X 0 237884 29510 GREG KEPFERLE PRESIDENT 1.00 40.00 X X 0 288000 37000 MIKE KASPERZAK CHAIR 1.00 1.00 X X 0 0 0 BRUCE KNOBLOCK SECRETARY 1.00 1.00 X X 0 0 0 LIHN DIPIPPA TREASURER 1.00 1.00 X X 0 0 0 PAUL BAKER BOARD MEMBER 1.00 1.00 X 0 0 0 HYOUNG CHONG BOARD MEMBER 1.00 1.00 X 0 0 0 OCTAVIO FARFAN BOARD MEMBER 1.00 1.00 X 0 0 0 CHRIS HUANG BOARD MEMBER 1.00 1.00 X 0 0 0 LISA CALDWELL ASST. SECRETARY/DIRECTOR OF PROP. MGMT 40.00 1.00 X 0 191153 20696 TERRI FUKUDA CONTROLLER 40.00 1.00 X 0 175498 24515 KATHLEEN ROBINSON DEPUTY EXECUTIVE DIRECTOR 40.00 1.00 X 0 225332 12131 MARVEL ANG SENIOR PROJECT MANAGER 40.00 1.00 X 0 173162 9454 CAROL MOWAT FINANCE MANAGER 40.00 1.00 X 0 161946 9071 MAGGIE LI ASSET MANAGER 40.00 1.00 X 0 156948 8745 HAI NGUYEN SR. PROJECT MANAGER 40.00 1.00 X 0 142583 12563 LARISA TROCHE ASSOC. DIR. OF PROPERTY MANAGEMENT 40.00 1.00 X 0 130935 26755 0 1883441 190440 0 0 1 0 0 264518 264518 RENT 532000 598500 598500 LAUNDRY AND OTHER 900099 3612 3612 602112 1118 1118 867748 602112 0 1118 33635 33635 1682 1682 6884 6884 2563 2563 39223 39223 21132 6552 14580 51320 51320 4424 4424 6751 6751 84422 84422 332765 332765 437228 437228 22379 22379 MISC LICENSES AND FEES 1947 1947 BAD DEBT 807 807 1047162 1032582 14580 0 509375 303697 63000 131306 1231 4362 6200 13328789 3032308 10700861 10296481 144025 149447 11552929 10757056 1613887 102886 993 2925 8087860 8973696 29936 36710 9732676 9116217 X 1820253 1640839 1820253 1640839 11552929 10757056 -179414 0 X 0 1 X 1 0 X 103820 237963 264518 606301 182704 428279 602112 1213095 286524 666242 866630 1819396 0 46736 255825 292961 595522 46736 255825 292961 595522 1223874 24 276 1118 1418 24 276 1118 1418 286548 666518 867748 1820814 0.67220 0.68220 0.00080 0.00030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 754870 754870 12441507 3015475 9426032 132412 16833 115579 10296481 DEPOSITS 36710 36710 X PART X, LINE 2: U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY CH IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. CH FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE FOR CALIFORNIA. CH'S FEDERAL RETURNS FOR THE TAX YEARS 2020 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. CH'S CALIFORNIA RETURNS FOR THE TAX YEARS 2019 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. 0 0 0 0 0 0 0 0 0 GREG KEPFERLE PRESIDENT 0 288000 0 0 0 0 0 17000 0 20000 0 325000 0 0 MARK MIKL EXECUTIVE DIRECTOR 0 207884 0 30000 0 0 0 11874 0 17636 0 267394 0 0 KATHLEEN ROBINSON DEPUTY EXECUTIVE DIRECTOR 0 207932 0 15000 0 2400 0 11106 0 1025 0 237463 0 0 LISA CALDWELL ASST. SECRETARY/DIRECTOR OF PROP. MG 0 175653 0 15500 0 0 0 9960 0 10736 0 211849 0 0 TERRI FUKUDA CONTROLLER 0 155498 0 20000 0 0 0 8979 0 15536 0 200013 0 0 MARVEL ANG SENIOR PROJECT MANAGER 0 163262 0 7500 0 2400 0 8554 0 900 0 182616 0 0 CAROL MOWAT FINANCE MANAGER 0 149546 0 10000 0 2400 0 8171 0 900 0 171017 0 0 MAGGIE LI ASSET MANAGER 0 144548 0 10000 0 2400 0 7723 0 1022 0 165693 0 0 LARISA TROCHE ASSOC. DIR. OF PROPERTY MANAGEMENT 0 124435 0 6500 0 0 0 6638 0 20117 0 157690 0 0 HAI NGUYEN SR. PROJECT MANAGER 0 135083 0 7500 0 0 0 7187 0 5376 0 155146 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS AND KEY EMPLOYEES DIRECTLY. THE BOARD PRESIDENT IS COMPENSATED BY CATHOLIC CHARITIES OF SANTA CLARA COUNTY. EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES ARE COMPENSATED BY CHARITIES HOUSING DEVELOPMENT CORPORATION, A RELATED ORGANIZATION. COMPENSATION FOR EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES IS BASED ON COMPARABILITY DATA (SALARY SURVEYS BY REGION) AND REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS OF CHARITIES HOUSING DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES TO CHARITIES HOUSING DEVELOPMENT CORPORATION, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A BOARD MEMBERS OF THE ORGANIZATION SHALL BE THE SAME AS BOARD MEMBERS OF CHARITIES HOUSING DEVELOPMENT CORPORATION OF SANTA CLARA COUNTY (CHDC), A RELATED CHARITABLE ORGANIZATION. CATHOLIC CHARITIES OF SANTA CLARA COUNTY HAS TO APPROVE ALL BOARD MEMBERS OF CHDC PRIOR TO JOINING THE BOARD. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION GENERALLY DOES NOT HAVE COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THERE IS DOCUMENTATION THAT CERTAIN DECISIONS CAN BE MADE ON BEHALF OF THE BOARD IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE CONTROLLER OF CHARITIES HOUSING DEVELOPMENT CORPORATION SANTA CLARA COUNTY REVIEWS THE 990 ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION PROVIDES THE BOARD OF DIRECTORS WITH A CONFLICT OF INTEREST DISCLOSURE FORM TO COMPLETE (THIS IS TYPICALLY DONE IN FEBRUARY). THE ORGANIZATION REVIEWS THE COMPLETED FORMS TO DETERMINE IF THERE ARE CONCERNS OR CONFLICTS. THE ORGANIZATION HAS A SPECIFIC CONFLICT OF INTEREST POLICY IN THE EMPLOYEE HANDBOOK THAT ALL EMPLOYEES ARE REQUIRED TO SIGN AND ACKNOWLEDGE THEY UNDERSTAND AND TO COME FORWARD IF THEY HAVE ANY QUESTIONS ABOUT IT. THE ORGANIZATION DISCUSSES THE CONFLICT OF INTEREST ISSUE ON OCCASION WITH THE STAFF. THE ORGANIZATION REQUESTS THAT ALL MANAGERS REPORT ANY CONTRACTOR THAT OFFERS TO DO BUSINESS OUTSIDE OF THE GUIDELINES SET FORTH IN THE POLICY SO THE ORGANIZATION CAN INVESTIGATE AND CHOOSE WHETHER TO TAKE THEM OFF OF THE APPROVED VENDOR LIST. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS AND KEY EMPLOYEES DIRECTLY. THE BOARD PRESIDENT IS COMPENSATED BY CATHOLIC CHARITIES OF SANTA CLARA COUNTY AND EXECUTIVE DIRECTOR AND OTHER KEY EMPLOYEES ARE COMPENSATED BY CHARITIES HOUSING DEVELOPMENT CORPORATION, A RELATED ORGANIZATION. COMPENSATION STUDIES ARE PROVIDED TO THE EXECUTIVE COMMITTEE OF THE BOARD AND THEY DISCUSS AND APPROVE COMPENSATION FOR THE EXECUTIVE TEAM: THE EXECUTIVE DIRECTOR ("ED"), DEPUTY DIRECTOR, DIRECTOR OF DEVELOPMENT, DIRECTOR OF PROPERTY MANAGEMENT AND CONTROLLER. THE OVERALL SALARIES FOR THE ORGANIZATION ARE APPROVED BY THE APPROVAL OF THE ANNUAL BUDGET. THE OVERALL ANNUAL BONUS IS CALCULATED AND THE ED SUGGESTS THE ALLOCATION OF THE BONUS AND IS SUBMITTED TO THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 990 PART VII SECTION A COLUMN (B) THE BOARD PRESIDENT IS COMPENSATED BY CATHOLIC CHARITIES OF SANTA CLARA COUNTY. THE OTHER OFFICERS AND HIGHEST COMPENSATED EMPLOYEES WORK 40 HOURS/WEEK FOR CHARITIES HOUSING DEVELOPMENT CORPORATION, A RELATED NON-PROFIT ORGANIZATION. THE OTHER BOARD MEMBERS ATTEND BOARD MEETINGS FOR THIS RELATED ORGANIZATION. CHARITIES HOUSING DEVELOPMENT CORPORATION 1400 PARKMOOR AVE SUITE 190 SAN JOSE CA 95126 770359848 OWNER OF LOW-INCOME HOUSING CA 501 (C) 3 LINE 7 N/A 0 CATHOLIC CHARITIES OF SANTA CLARA COUNTY (CATHOLIC CHARITIES) 2625 ZANKER RD SAN JOSE CA 95134 942762269 STRENGTHEN COMMUNITY AND SUSTAIN INDIVIDUALS AND FAMILIES LIVING IN POVERTY. CA 501 (C) 3 LINE 7 N/A 0 STONEY PINE CHARITIES HOUSING CORPORATION 1400 PARKMOOR AVE SUITE 190 SAN JOSE CA 95126 770478772 OWNER OF LOW-INCOME HOUSING CA 501(C)(3) LINE 10 CHARITIES HOUSING DEVELOPMENT CORPORATION 0 CARITAS HOUSING 1400 PARKMOOR AVE SUITE 190 SAN JOSE CA 95126 770516342 GENERAL PARTNER IN PARTNERSHIP THAT OWNS LOW-INCOME HOUSING. CA 501(C)(3) LINE 12A, I CHARITIES HOUSING DEVELOPMENT CORPORATION 0 HOPE CHARITIES HOUSING CORPORATION 1400 PARKMOOR AVE SUITE 190 SAN JOSE CA 95126 770493200 GENERAL PARTNER IN PARTNERSHIP THAT OWNS LOW-INCOME HOUSING. 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