2024-08-15T16:25:28-05:00 2023-09-30 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2022-10-01 475284974 1155 MARKET QALICB 1155 4154311481 1155 MARKET STREET 10TH FLOOR SAN FRANCISCO CA 94103 JOSEPH CHAN BOARD PRESIDENT 4154311481 2024-08-15 1 0 MAGA E KISRIEV P01008919 4089988400 2022 2024-08-08 14:25:15Z JOSEPH CHAN 1155 MARKET STREET 10TH FLOOR SAN FRANCISCO CA 94103 17096750 0 X HTTPS://LIGHTHOUSE-SF.ORG X 2015 CA TO SUPPORT ACTIVITIES FOR THE BENEFIT OF LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED 4 4 0 4 0 0 0 0 0 0 0 0 112000 17078000 112000 17078000 0 0 0 0 0 0 0 0 0 1980413 1871267 1980413 1871267 -1868413 15206733 31764440 29921173 17050000 0 14714440 29921173 THE ORGANIZATION WAS CREATED TO AID IN THE PURCHASE OF THE 1155 MARKET STREET BUILDING IN SAN FRANCISCO, CALIFORNIA, ON BEHALF OF THE LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. 0 0 1392361 0 17050000 THE ORGANIZATION WAS CREATED TO AID IN THE PURCHASE OF THE 1155 MARKET STREET BUILDING IN SAN FRANCISCO, CALIFORNIA, ON BEHALF OF THE LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. 1392361 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 CA X SHARON GIOVINAZZO 4154311481 1155 MARKET STREET 10TH FLOOR SAN FRANCISCO CA 94103 X JOSEPH CHAN BOARD PRESIDENT 1.00 1.00 X X 0 0 0 GEOFFREY MURRY SECRETARY 1.00 1.00 X X 0 0 0 STUART WITTENSTEIN BOARD MEMBER 1.00 0.00 X 0 0 0 DANA HOOPER BOARD MEMBER 1.00 1.00 X 0 0 0 0 0 0 0 0 0 0 0 46750 18750 28000 28000 28000 NMTC LOAN FORGIVENESS 900099 17050000 17050000 17050000 17078000 17050000 0 28000 28727 28727 1225 1225 207 207 42625 32265 10360 1798483 1360096 438387 1871267 1392361 478906 0 109856 65072 42970489 13114388 31654584 29856101 31764440 29921173 17050000 0 17050000 0 X 14714440 29921173 14714440 29921173 31764440 29921173 15206733 0 X 0 1 X 1 0 X X X 1 LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED 941415317 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION D, LINE 3: A MAJORITY OF THE BOARD MEMBERS OF 1155 MARKET QALICB (THE ORGANIZATION") ARE ALSO BOARD MEMBERS OF THE SUPPORTED ORGANIZATION, LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED (LIGHTHOUSE), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. THE ORGANIZATION WAS FORMED AT THE DIRECTION OF LIGHTHOUSE AS A SUPPORTING ORGANIZATION FOR LIGHTHOUSE IN ORDER TO FACILITATE FINANCING FOR THE ACQUISITION AND RENOVATION OF THE LIGHTHOUSE FACILITY (THE "PROJECT"). THUS, COMMUNICATIONS, BOTH FORMAL AND INFORMAL, BETWEEN THE ORGANIZATION AND LIGHTHOUSE OCCUR DAILY AND ARE ONGOING. PART IV, SECTION E, LINE 2A: THE ORGANIZATION'S EXEMPT PURPOSE IS TO ASSIST LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED (LIGHTHOUSE) IN ITS MISSION. THE SERVICES PROVIDED TO LIGHTHOUSE ASSIST WITH ITS ABILITY TO COMPLETE THE PROJECT IN FURTHERANCE OF ITS MISSION. WITHOUT THIS SUPPORT, LIGHTHOUSE COULD NOT COMPLETE THE PROJECT. ONE HUNDRED PERCENT (100%) OF THE ORGANIZATION'S TIME IS ALLOCATED TO LIGHTHOUSE'S ACTIVITIES. A MAJORITY OF THE BOARD MEMBERS OF THE ORGANIZATION ARE ALSO BOARD MEMBERS OF LIGHTHOUSE. PART IV, SECTION E, LINE 2B: THE ORGANIZATION PARTICIPATED IN A NEW MARKETS TAX CREDIT ("NMTC") TRANSACTION TO ALLOW LIGHTHOUSE TO ACQUIRE AND RENOVATE A FACILITY LOCATED IN SAN FRANCISCO, CALIFORNIA. WITHOUT THE ORGANIZATION'S PARTICIPATION, LIGHTHOUSE WOULD NOT BE ABLE TO PARTICIPATE IN THE NMTC FINANCING TO BENEFIT THE PROJECT AND WOULD OBTAINING FINANCING THROUGH MEANS THAT ARE LESS BENEFICIAL TO LIGHTHOUSE. 42970489 13114388 29856101 29856101 X 17096750 0 17096750 -18750 -18750 17078000 1890017 18750 18750 1871267 0 1871267 PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND THE APPLICABLE SECTION OF THE CALIFORNIA REVENUE AND TAXATION CODE. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD MAINTAINED ITS TAX-EXEMPT STATUS AND HAD NOT TAKEN UNCERTAIN TAX POSITIONS THAT REQUIRED ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED TO REVENUE -18,750. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES RECLASSIFIED TO REVENUE 18,750. FORM 990, PART VI, SECTION B, LINE 11B THE FULL BOARD WAS PROVIDED A COMPLETE COPY OF THE FORM 990 TO REVIEW AND PROVIDE FEEDBACK TO FINANCE DIRECTOR. THEY WERE GIVEN AT LEAST A WEEK TO REVIEW THE DOCUMENT AND PROVIDE FEEDBACK. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY WAS ADOPTED BY THE BOARD OF DIRECTORS OF THE ORGANIZATION THROUGH BOARD RESOLUTION. ANNUALLY, EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE WILL REVIEW THE POLICY AND SIGN A STATEMENT THAT THEY HAVE RECEIVED THE POLICIES AND PROCEDURES, HAVE READ AND UNDERSTAND THE POLICIES AND PROCEDURES, AGREE TO COMPLY, AND DISCLOSE ANY AFFILIATIONS WITH ANY ACTUAL OR POTENTIAL QALICB GRANTEE OR BORROWER OR ANY OTHER ORGANIZATION WITH WHICH THE QALICB MAY HAVE FINANCIAL RELATIONSHIP. AFTER EXERCISING DUE DILIGENCE, QALICB BOARD WILL DETERMINE IF TRANSACTION IN CONFLICT IS IN QALICB'S BEST INTEREST AND WHETHER FAIR AND REASONABLE TO QALICB, AND THEN APPROVE OR REJECT THE TRANSACTION IN QUESTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). LIGHTHOUSE FOR THE BLIND AND VISUALLY IMPAIRED 1155 MARKET ST 10TH FLOOR SAN FRANCISCO CA 94103 941415317 PROMOTE THE EQUALITY & SELF-RELIANCE OF THE BLIND OR VISUALLY IMPAIRED CA 501(C)(3) LINE 7 N/A 0 BLIND HOLDINGS LLC 235 MONTGOMERY STREET SUITE 1202 SAN FRANCISCO CA 94104 475469685 REAL PROPERTY RENTAL DE N/A 0 0 THE LIGHTHOUSE MEMBER LLC 1155 MARKET STREET 10TH FLOOR SAN FRANCISCO CA 94103 475610786 REAL PROPERTY RENTAL CA N/A 0 0 THE LIGHTHOUSE BUILDING LLC 235 MONTGOMERY STREET SUITE 1202 SAN FRANCISCO CA 94104 475482683 REAL PROPERTY RENTAL DE N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0