2024-11-11T01:10:42-06:00 2023-12-31 221478099 COHNREZNICK LLP 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2023-01-01 231716750 EDEN HOUSING INC EDEN 5105821460 22645 GRAND STREET HAYWARD CA 94541 TATIANA BLANK CFO 5105821460 2024-11-01 1 1 JOLANTA TUCK CPA P01340068 9164429100 2024-10-29 2023 2024-10-15 13:58:12Z LINDA MANDOLINI 22645 GRAND STREET HAYWARD CA 94541 56108519 0 X WWW.EDENHOUSING.ORG X 1968 CA CREATE AND SUSTAIN HIGH-QUALITY AFFORDABLE HOUSING COMMUNITIES THAT ADVANCE EQUITY AND OPPORTUNITY FOR ALL. 17 17 227 150 0 0 49395329 26739857 28093758 21397039 7568109 7823910 407675 147713 85464871 56108519 7189417 18364613 0 0 13506609 15190976 0 38175 38175 7244639 7678865 27940665 41272629 57524206 14835890 472379615 501643533 26031310 36726718 446348305 464916815 EDEN HOUSING, INC. CREATES AND SUSTAINS HIGH-QUALITY AFFORDABLE HOUSING COMMUNITIES THAT ADVANCE EQUITY AND OPPORTUNITY FOR ALL. 0 0 31940124 18364613 21544752 EDEN HOUSING HAS DEVELOPED OR ACQUIRED OVER 12,600 AFFORDABLE HOMES FOR LOW-INCOME INDIVIDUALS AND FAMILIES, AND CURRENTLY OWNS 163 PROPERTIES THROUGHOUT CALIFORNIA. WE ARE DOING OUR PART TO TACKLE THE HOUSING CRISIS IN CALIFORNIA-CURRENTLY SERVING MORE THAN 22,000 LOW-INCOME RESIDENTS FROM ALL BACKGROUNDS AND CULTURES WITH A WAIT LIST OF 30,000 HOUSEHOLDS LOOKING FOR AN AFFORDABLE HOME. 31940124 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 46 0 1 227 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA X DEEPIKA SHARMA 5105821460 22645 GRAND STREET HAYWARD CA 94541 LINDA MANDOLINI PRESIDENT 55.00 10.00 X 600190 0 41962 TATIANA BLANK CFO 45.00 10.00 X 430960 0 20086 OYESHOLA OLATOYE CHIEF OPERATING OFFICER 10.00 45.00 X 421960 0 11324 ANDREA OSGOOD CHIEF OF REAL ESTATE DEVELOPMENT AND EXECUTIVE VIC 45.00 10.00 X 362162 0 43981 LISA RYDHOLM SENIOR VICE PRESIDENT OF PEOPLE AND CULTURE 40.00 15.00 X 331133 0 50019 DARNELL WILLIAMS SENIOR VICE PRESIDENT OF PROPERTY OPERATIONS 10.00 45.00 X 295714 0 48788 MARLAND TAYLOR VICE PRESIDENT OF TECHNOLOGY 40.00 15.00 X 259234 0 43580 JEFFREY MOLINE VICE PRESIDENT/CONTROLLER 40.00 15.00 X 271522 0 24175 TIMOTHY GREEN ASSISTANT SECRETARY/GENERAL COUNSEL 0.10 39.90 X 276084 0 12816 LORENZO JONES VICE PRESIDENT OF DIVERSITY, EQUITY, AND INCLUSION 40.00 15.00 X 231144 0 45265 JANET ACEVEDO DIRECTOR OF PROPERTY OPERATIONS AND QUALITY MANAGE 55.00 X 236890 0 34695 JAMES KENNEDY CHAIR/DIRECTOR 3.90 0.10 X X 0 0 0 RUDOLPH JOHNSON III VICE CHAIR/DIRECTOR 3.90 0.10 X X 0 0 0 AMY NECHES TREASURER/DIRECTOR 3.90 0.10 X X 0 0 0 CHERYL O'CONNOR SECRETARY/DIRECTOR 3.90 0.10 X X 0 0 0 CALVIN WHITAKER ASSISTANT SECRETARY/DIRECTOR 3.90 0.10 X X 0 0 0 ANNETTE BILLINGSLEY DIRECTOR 3.90 0.10 X 0 0 0 CANDICE GONZALEZ O'HANLON DIRECTOR 3.90 0.10 X 0 0 0 DAVID GARCIA DIRECTOR 3.90 0.10 X 0 0 0 DOUGLAS KUERSCHNER DIRECTOR 3.90 0.10 X 0 0 0 GRACE LI HARPER DIRECTOR 3.90 0.10 X 0 0 0 JOSEPH M POSTIGO DIRECTOR 3.90 0.10 X 0 0 0 JOHN GAFFNEY DIRECTOR 3.90 0.10 X 0 0 0 NICHOLAS J RANDALL DIRECTOR 3.90 0.10 X 0 0 0 SEAN CALLUM DIRECTOR 3.90 0.10 X 0 0 0 SHEILA ANN BURKS DIRECTOR 3.90 0.10 X 0 0 0 ALI SOLIS DIRECTOR 3.90 0.10 X 0 0 0 KARA DOUGLAS DIRECTOR 3.90 0.10 X 0 0 0 3716993 0 376691 66 0 1 0 DAHLIN GROUP INC 5865 OWENS DRIVE PLEASANTON CA 94588 ARCHITECTURE CONSULTING 760127 MDR HOUSING LLC 6508 RAYMOND STREET OAKLAND CA 94609 CONSULTING SERVICES 238759 DEBRA MCKNIGHT HIGGINS 20 MARIELE DRIVE FAIRFAX CA 94930 CONSULTING SERVICES 190875 MOSAIC URBAN DEVELOPMENT LLC 287 17TH STREET SUITE 208 OAKLAND CA 94612 CONSULTING SERVICES 178510 BIRGIT JOHNSTON 111 FANCHER COURT LOS GATOS CA 95030 CONSULTING SERVICES 134800 6 16195627 10124469 419761 26739857 DEVELOPMENT FEES 531390 15082563 15082563 MANAGEMENT FEES 531390 4054680 4054680 RENTAL INCOME 531390 1482276 1482276 DEFERRED GROUND LEASE 531390 654856 654856 PASSTHROUGH INCOME 531390 122664 122664 21397039 7823910 7823910 147713 147713 147713 56108519 21544752 0 7823910 18256834 18256834 107779 107779 2602677 1512753 1089924 9944598 5827928 4116670 553446 302888 250558 1294354 651612 642742 795901 502448 293453 221024 221024 176502 38641 137861 182275 37977 144298 38175 38175 82930 82930 1258660 242572 1016088 1800 1800 299969 104863 195106 393582 34280 359302 2641422 2062399 579023 158206 88595 69611 344383 62333 282050 265658 233544 32114 1203337 1203337 SOCIAL SERVICES EXPENSE 103235 103235 345882 345082 800 41272629 31940124 9294330 38175 3621760 24843427 14588274 16300104 349354 337850 78895839 80672569 285931532 299233122 177977 191337 24358025 10835621 13444337 13522404 63440390 55318076 -507091 -1570095 1474686 12437243 11320053 472379615 501643533 6808654 5687218 867310 10043318 167873 16646991 18735491 1708355 2092818 26031310 36726718 X 446348305 464916815 446348305 464916815 472379615 501643533 X 14835890 3760849 -28229 X 0 1 X 1 1 1 X 16374546 18254870 58668698 49395329 26739857 169433300 16374546 18254870 58668698 49395329 26739857 169433300 6864299 162569001 3692629 4144366 3061166 7568109 7823910 26290180 187643 407675 147713 743031 196466511 136413800 0.82750 0.88150 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 187,643. 2022 AMOUNT: $ 407,675. 2023 AMOUNT: $ 147,713. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3688 50000 53688 41218941 41272629 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 95075 74600 104850 53688 328213 250000 250000 250000 250000 1000000 1500000 95075 74600 104850 3688 278213 0 1 X 4888735 4888735 17928673 9897604 8031069 657385 556084 101301 883232 381933 501299 13522404 INSURANCE FUND LIABILITY 549035 REBATE LIABILITY 78276 LEASE LIABILITY 1465507 2092818 X PART IV, LINE 2B: THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS. PART X, LINE 2: EHI AND THE OTHER NOT-FOR-PROFIT CORPORATIONS ARE TAX-EXEMPT PURSUANT TO THE INTERNAL REVENUE CODE SECTION 501(C)(3) AND RELATED CALIFORNIA CODE SECTIONS. STEVENSON LAND CORPORATION IS TAX-EXEMPT PURSUANT TO THE INTERNAL REVENUE CODE SECTION 501(C)(2) AND RELATED CALIFORNIA CODE SECTIONS. THE INCOME OR LOSS FROM THE PARTNERSHIPS IS REPORTED BY THE PARTNERS ON THEIR INCOME TAX RETURNS. THE CONSOLIDATED FINANCIAL STATEMENTS ALSO INCLUDE CERTAIN CORPORATIONS THAT ARE NOT TAX-EXEMPT. NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE SINGLE MEMBER LIMITED LIABILITY COMPANIES WHICH ARE GENERALLY CONSIDERED DISREGARDED ENTITIES. THE INCOME OR LOSS OF THE LLCS IS INCLUDED IN THE TAX RETURNS OF THEIR RESPECTIVE SOLE MEMBERS. ONLY THE ANNUAL CALIFORNIA LIMITED LIABILITY COMPANY MINIMUM TAX AND THE ANNUAL FEE APPEAR AS EXPENSE IN THE CONSOLIDATED FINANCIAL STATEMENTS. EHI AND AFFILIATES BELIEVE THAT THEY HAVE APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. EHI AND AFFILIATES' FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE FISCAL YEARS ENDED 2019 THROUGH 2022 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. X 1 DEBRA MCKNIGHT HIGGINS 20 MARIELE DRIVE FAIRFAX CA 49430 GRANT WRITING 0 500000 38175 461825 500000 38175 461825 CA 1 OAK HILL EDEN LP 22645 GRAND STREET HAYWARD CA 94541 882826189 480527 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES OAKLAND PUBLIC EDUCATION FUND PO BOX 27422 OAKLAND CA 94602 432014630 501(C)(3) 23497 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES DEPOT WILLOWS LP 22645 GRAND STREET HAYWARD CA 94541 832802903 871471 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES EDEN INVESTMENT INC 22645 GRAND STREET HAYWARD CA 94541 942995223 501(C)(3) 6375 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES EDEN DEVELOPMENT INC 22645 GRAND STREET HAYWARD CA 94541 593803314 501(C)(3) 182362 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES EDEN HOUSING RESIDENT SERVICES INC 22645 GRAND STREET HAYWARD CA 94541 943315887 501(C)(3) 1250000 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES EDEN HOUSING MANAGEMENT INC 22645 GRAND STREET HAYWARD CA 94541 942946400 501(C)(3) 2650000 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES EDEN SOUTH BAY INC 22645 GRAND STREET HAYWARD CA 94541 943166350 501(C)(3) 160509 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES NON-PROFIT HOUSING ASSOCIATION OF NORTHERN CALIFORNIA 369 PINE STREET SUITE 350 SAN FRANCISCO CA 94104 942741597 501(C)(3) 10000 0 BENEFACTOR LEVEL FALL CONFERENCE SPONSORSHIP CALIFORNIA PRESERVATION INC 22645 GRAND STREET HAYWARD CA 94541 541620121 501(C)(3) 7095 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES VALLEJO PSH LP 22645 GRAND ST HAYWARD CA 94541 201919306 12293629 0 GRANTS TO SUPPORT AFFORDABLE HOUSING ACTIVITIES SVHOME 350 W JULIAN ST 5 SAN JOSE CA 95110 814755729 501(C)(3) 15000 0 CATALYST MEMBERSHIP HOUSING PARTNERSHIP NETWORK 1 WASHINGTON MALL 12TH FL BOSTON ME 02108 043172401 35000 0 PROJECT DESTINED LARKING STREET YOUTH SERVICES 134 GOLDEN GATE AVE SAN FRANCISCO CA 94102 942917999 501(C)(3) 6000 0 CFO AWARDS SPONSORSHIP VACAVILLE BOYS AND GIRLS CLUB 100 HOLLY LANE VACAVILLE CA 95668 134223488 501(C)(3) 25000 0 PROGRAM PLEDGE HOMES FOR SAN DIEGANS 5445 MADISON AVE SACRAMENTO CA 95841 824067719 501(C)(4) 50000 0 BALLOT INITITATIVE CONTRIBUTION BAY AREA NEIGHBORS FOR AFFORDABLE HOUSING 555 CAPITOL MALL STE 400 SACRAMENTO CA 95814 833147694 501(C)(4) 50000 0 BALLOT MEASURE CONTRIBUTION 11 6 SCHOLARSHIPS 34 107779 PART I, LINE 2: EDEN HOUSING INC.'S GRANTS ARE GENERALLY MADE TO RELATED ENTITIES THAT ARE CONTROLLED BY THE ORGANIZATION. PART III, COLUMN (B) EACH YEAR, EDEN HOUSING, INC. AWARDS QUALIFIED RESIDENTS WITH MONETARY ASSISTANCE TO MEET THEIR ACADEMIC AND CAREER GOALS. THE CRITERIA USED TO SELECT AWARDEES INCLUDE ACADEMIC ACHIEVEMENT, NEED, COMMUNITY SERVICE, AND SCHOLASTIC AND PERSONAL REFERENCES. X X X X X 0 0 0 0 0 0 0 1 0 LINDA MANDOLINI PRESIDENT 542861 0 52973 0 4356 0 16500 0 25462 0 642152 0 0 0 TATIANA BLANK CFO 390851 0 38591 0 1518 0 16500 0 3586 0 451046 0 0 0 OYESHOLA OLATOYE CHIEF OPERATING OFFICER 420970 0 0 0 990 0 3274 0 8050 0 433284 0 0 0 ANDREA OSGOOD CHIEF OF REAL ESTATE DEVELOPMENT AND 328158 0 33014 0 990 0 16500 0 27481 0 406143 0 0 0 LISA RYDHOLM SENIOR VICE PRESIDENT OF PEOPLE AND 298303 0 30098 0 2732 0 16500 0 33519 0 381152 0 0 0 DARNELL WILLIAMS SENIOR VICE PRESIDENT OF PROPERTY OP 272803 0 22369 0 542 0 15269 0 33519 0 344502 0 0 0 MARLAND TAYLOR VICE PRESIDENT OF TECHNOLOGY 230510 0 23973 0 4751 0 13190 0 30390 0 302814 0 0 0 JEFFREY MOLINE VICE PRESIDENT/CONTROLLER 245931 0 24797 0 794 0 13547 0 10628 0 295697 0 0 0 TIMOTHY GREEN ASSISTANT SECRETARY/GENERAL COUNSEL 251062 0 23843 0 1179 0 12816 0 0 0 288900 0 0 0 LORENZO JONES VICE PRESIDENT OF DIVERSITY, EQUITY, 210674 0 17420 0 3050 0 11907 0 33358 0 276409 0 0 0 JANET ACEVEDO DIRECTOR OF PROPERTY OPERATIONS AND 217674 0 18116 0 1100 0 12145 0 22550 0 271585 0 0 0 PART I, LINE 7 THE BELOW INDIVIDUALS LISTED ON PART VII, SECTION A, LINE 1A RECEIVED BONUSES IN CALENDAR YEAR 2023. THESE BONUSES WERE NOT CONTINGENT ON THE REVENUES OR NET EARNINGS OF THE ORGANIZATION. LINDA MANDOLINI - $52,973 TATIANA BLANK - $38,591 ANDREA OSGOOD - $33,014 DARNELL WILLIAMS - $22,369 LISA RYDHOLM - $30,098 TIMOTHY GREEN - $23,843 MARLAND TAYLOR - $23,973 JEFFREY MOLINE - $24,797 JANET ACEVEDO - $18,116 LORENZO JONES - $17,420 FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 RETURN IS PRESENTED TO THE AUDIT COMMITTEE FOR A SUMMARY REVIEW WITH MANAGEMENT. A COMPLETE COPY OF THE FORM 990 RETURN IS PROVIDED TO THE FULL BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE QUESTIONNAIRE ANNUALLY. IF A BOARD MEMBER HAS ANY CONFLICT OF INTEREST, THE BOARD MEMBER WOULD NEED TO RECUSE HIMSELF/HERSELF FROM ANY DECISIONS REGARDING A CONFLICT AREA. FORM 990, PART VI, SECTION B, LINE 15 WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND FORM 990 OF OTHER ORGANIZATIONS WERE USED TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CEO/CFO AND OFFICERS. BOARD OR COMPENSATION COMMITTEE'S APPROVAL IS ALSO REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EDEN TROLLEY I LLC BEGINNING NET ASSETS -28,229. 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