2024-11-13T10:33:56-08:00 2023-12-31 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2023-01-01 954550322 Corporation for Better Housing CORP 8189052430 20750 Ventura Blvd 155 Woodland Hills CA 91364 LORI KOESTER Executive Director 2024-11-13 true true CHERI L BOGGELN P00854324 7143747434 2023 2024-10-15 13:58:12Z 20750 Ventura Blvd 155 Woodland Hills CA 91364 9116266 false X www.corpforbetterhousing.com X 1995 CA To promote and assist in the development and improvement of low-income housing in the United States, principally in the state of California. 3 2 3 0 737503 0 19870052 8695154 321266 421112 0 20928821 9116266 2000 0 0 652767 755698 0 0 8451816 7019082 9106583 7774780 11822238 1341486 399165553 446945353 337471919 366617332 61693634 80328021 To promote and assist in the development and improvement of low-income housing in the United States, principally in the state of California. false false 7376936 8695154 The organization has developed 6,266 affordable housing units in 18 counties in California 7376936 true false false false false false false false false false true false true true true true false true false false false false false false false false false false false true false false false false false false false true false false false false true true false false false true 5 0 true 3 true false false false false false false false 0 false false false false false false false X 3 2 false false false false false false false true true false false true true true true false true true true false CA X Lori Koester 8189052430 20750 Ventura Blvd Suite 155 Woodland Hills CA 91364 LORI KOESTER Executive Dir. 40.00 0.00 X X 374690 0 18227 JOHN ELEFTHERIOU CEO 1.00 0.00 X X 0 0 0 Mike Ismail Director 1.00 0.00 X 0 0 0 ROB TIDD Secretary 1.00 0.00 X 0 0 0 374690 18227 1 false true false 0 0 DEVELOPER FEE 531390 4136961 4136961 INCENTIVE FEE 531390 94046 94046 MANAGEMENT FEE 531390 579605 579605 RENTAL INCOME 531110 3708499 3708499 SOCIAL SERVICE FEE 531390 87362 87362 88681 88681 8695154 421112 421112 0 0 0 0 0 0 0 0 9116266 8695154 421112 0 0 0 0 392917 294688 98229 0 173495 141246 32249 0 160610 122507 38103 28676 21507 7169 106768 84118 22650 394699 296400 98299 67018 52306 14712 0 0 0 23035 23035 219 219 50579 44005 6574 0 0 50624 50624 0 0 0 298068 298068 0 0 60561 50301 10260 RENTAL EXPENSE FROM K-1 5489336 5489336 DEPRECIATION 162495 162495 CLEANING AND MAINTENANCE 108794 108094 700 DUES & SUBSCRIPTIONS 45776 44960 816 161110 143651 17459 7774780 7376936 397844 0 2720698 719390 0 0 2640870 3327607 0 0 4114323 5693736 0 50403 99401 13973580 4873311 9240890 9100269 0 0 325397227 357744093 0 55001142 70260857 399165553 446945353 274530 276435 2984 3000 20250750 13430338 316943655 352907559 337471919 366617332 X 61693634 80328021 61693634 80328021 399165553 446945353 X 1341486 17292901 X false false false X 535690 28 737503 1273221 9046172 8373941 11685671 19870052 8695154 57670990 0 0 0 9046172 8909631 11685699 20607555 8695154 58944211 0 5735339 4601470 8808187 12317168 3589985 35052149 5735339 4601470 8808187 12317168 3589985 35052149 23892062 141628 144627 277121 321266 421112 1305754 0 141628 144627 277121 321266 421112 1305754 0 0 9187800 9054258 11962820 20928821 9116266 60249965 0.39650 0.36980 0.02170 0.01720 X 4743800 4743800 5883089 4873311 1009778 303042 303042 3043649 3043649 9100269 357744093 ADVANCES TO INVESTEES PARTNERSHIPS 22189149 DEVELOPER FEE RECEIVABLE 40209595 DUE FROM CBH 32111 DUE FROM KAVIGEM 39006 INCENTIVE MANAGEMENT FEE RECEIVABLE 254315 OPERATING DEF GUARANTY FEE REC 30000 PARTNERSHIP ADMIN FEE RECEIVABLE 227052 PARTNERSHIP MGMT FEE RECEIVABLE 4566731 PROJECTS UNDER DEVELOPMENT 786901 SOCIAL SERVICE FEE RECEIVABLE 1925997 70260857 NONRECOURSE DEBT FROM K-1 314 QNR DEBT FROM K-1 7075889 RECOURSE DEBT FROM K-1 345784365 RELATED PARTY PAYBLE 23035 TENANT SECURITY DEPOSITS 23956 352907559 X Part X : FIN48 Footnote PART X,LINE 2: CORPORATION FOR BETTER HOUSING IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS EXEMPT FROM STATE INCOME TAXES UNDER THE COMPARABLE STATE TAX CODE, AS CHARITABLE ORGANIZATIONS WHEREBY ONLY UNRELATED INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR FINANICAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022. X false false false false false false false false false LORI KOESTER Executive Dir. 374690 18227 392917 RBT Consulting LLC OWNER IS OFFICER 90600 PROJECTS CONSULTANT false Schedule L, Part V Supplemental Information OFFICIAL ROB TIDD IS AN OWNER OF RBT CONSULTING, LLC. Form 990, Part VI, Section B, Line 11b THE GOVERNING BODY WILL REVIEW AND APPROVE THE FORM 990. Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST Form 990, Part XI, Line 9 BALANCE ADJUSTMENT = $17292901 CHANGE IN FUND BALANCE AND TOTAL ASSETS THE TAX RETURN HAS BEEN PREPARED TO INCLUDE THE entity'S ACTIVITIES PLUS THEIR INVESTMENT IN PARTNERSHIPS PER THEIR 2023 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, BUT THE PRIOR YEAR ENDING CAPITAL WAS ON GAAP BASIS 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 1/1/23 $61,693,634.2023 INCOME PER TAX 1,341,486. TAX/GAAP DIFFERENCES 17,292,901.FUND BALANCE AT 12/31/23 $80,328,021. Statement Note 1 THE AUDIT IS CURRENTLY IN PROCESS AND IS NOT YET AVAILABLE AS OF DATE OF THE FILINGOF THE RETURN. THEREFORE, THE FINANCIALS USED TO PREPARE THIS RETURN ARE UNAUDITED. OLIVERO RANCH LLC 20750 Ventura Blvd Suite 155 Woodland Hills CA 91364 473174340 RENTAL PROPERTY CA 343456 5578410 CORPORATION FOR BETTER HOUSING ATTACHED 1741 CHEATHAM AVENUE BAKERSFIELD CA 93307 CA CORP FOR BETTER HSG RELATED false false true true true true false false false false false false false true false false false false false false false