2025-03-17T17:20:57-04:00 2024-06-30 202623971 Anthony Apodaca Accountancy Corp 105 W Foothill Blvd Monrovia CA 91016 990 2023-07-01 954413788 MONTEBELLO HOUSING DEVELOPMENT CORPORATION MONT 1619 PARAMOUNT BLVD Montebello CA 90640 ROBERT MONZON PRESIDENT 3237223955 2025-03-17 true true Anthony Apodaca P00198914 6263054220 2025-03-17 2023 2025-03-06 01:10:19Z 538446 false X www.mhdcca.org X 1992 CA EMPOWERING FAMILIES THROUGHOUT LOS ANGELES COUNTY TO REALIZE THE AMERICAN DREAM. MHDC IS ORGANIZED TO ASSIST THE GOVERNMENT OF THE CITY OF MONTEBELLO, CALIFORNIA, ITS REDEVELOPMENT AGENCY OR OTHER AGENCIES, AUTHORITITES, BOARDS OR COMMISSION TO DEVELOP, REHABILITATE HOUSING 5 5 6 0 0 277160 157820 125682 78280 7996 10148 256745 292198 667583 538446 0 0 258391 253099 0 1834 311395 352592 569786 605691 97797 -67245 8031579 7943004 2206356 2211477 5825223 5731527 EMPOWERING FAMILIES THROUGHOUT LOS ANGELES COUNTY TO REALIZE THE AMERICAN DREAM. MHDC IS ORGANIZED TO ASSIST THE GOVERNMENT OF THE CITY OF MONTEBELLO, CALIFORNIA, ITS REDEVELOPMENT AGENCY OR OTHER AGENCIES, AUTHORITITES, BOARDS OR COMMISSION TO DEVELOP, REHABILITATE HOUSING false false 338159 HOME COUNSELING THIS PROGRAM PROVIDES HOUSING COUNSELING FOR PRE-PURCHASE AND LOSS MITIGATION. DURING THE YEAR, THE ORGANIZATION SERVED 194 FAMILIES AND PROVIDED HOUSING COUNSELING SERVICES. 96617 HOMEBUYER EDUCATION THE FIRST-TIME HOMEBUYER PROGRAM INCLUDES ONE-ON-ONE COUNSELIING TO PREPARE CLIENTS TO BE MORTGAGE READY, CREDIT AND BUDGET COUNSELING, AND 8-HOUR HUD APPROVED HOMEBUYER EDUCATION CLASSES VIA ZOOM VIDEO RECORDING. THE 8-HOUR HOMEBUYER EDUCATION CLASS COVERS ALL ASPECTS OF THE HOME BUYING PROCESS, FROM QUALIFYING TO CLOSING. DURING THE YEAR, THE ORGANIZATION SERVED 193 PEOPLE BY PROVIDED HUD-APPROVED HOMEBUYER EDUCATION. 48308 CAL HOME THE STATE OF CALIFORNIA HOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT AWARDED GRANTS TO MHDC THAT PROVIDE SILENT SECOND MORTGAGE LOANS TO VERY LOW-AND LOW-ICOME, FIRST-TIME HOMEBUYERS IN LOS ANGELES, RIVERSIDE AND SAN BERNARDINO COUNTIES. DURING THE YEAR, THE ORGANIZATION HAD 3BORROWERS CLOSE LOANS AND PURCHASED A HOME THROUGH THIS PROGRAM. 483084 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 15 0 true 6 true false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true false true false false false X Vilagut Anne M 3237223955 1619 PARAMOUNT BLVD Montebello CA 90640 X ALEJANDRA GUTIERREZ BOARD MEMBER 0.00 0.00 X 0 0 0 PATRICIA RENTERIA TREASURER 0.00 0.00 X X 0 0 0 JOSEPH SANDOVAL SECRETARY 0.00 0.00 X X 0 0 0 JAIME LEGASPI VICE PRESIDENT 0.00 0.00 X X 0 0 0 ROBERT MONZON PRESIDENT 0.00 0.00 X X 0 0 0 0 0 0 0 false false false 157820 157820 LOW INCOME RESEIDENCES 531390 13380 13380 HOMEBUYER EDUCATION 531390 64900 64900 78280 10148 10148 210366 210366 210366 210366 MISC 531390 5517 5517 ERC CREDIT 900099 76315 76315 81832 538446 380626 0 0 217025 173620 43405 7976 6380 1596 28098 22478 5620 67125 53700 13425 4534 3627 907 56291 45033 11258 161920 129536 32384 10058 8046 2012 30497 24398 6099 16848 13478 3370 FAIR AND EVENTS 1834 1834 TAXES AND LICENSES 2139 1711 428 MISC 1346 1077 269 605691 483084 120773 1834 1194815 1364803 1014059 758937 186165 149438 4896388 4928472 1505196 763842 740152 741354 8031579 7943004 58361 92086 1520624 1524874 617437 581799 9934 12718 2206356 2211477 X 4808571 4715275 1016652 1016252 5825223 5731527 8031579 7943004 X -67245 -26451 X false false false X 99414 158500 139250 612330 446465 1455959 99414 158500 139250 612330 446465 1455959 125675 1330284 47473 44496 2960 7996 10148 113073 1950 5208 1935 47247 81832 138172 1707204 0.77920 0.77000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 645000 645000 837530 741176 96354 22666 22666 741354 RENTAL DEPOSIT 12718 12718 Form 990 governing body review Part VI line 11 MONTEBELLO HOUSING DEVELOPMENT CORPORATION FINANCE STAFF REVIEW THE FORM 990. THE FORM 990IS THEN REVIEWED AND APPROVED BY THE ORGANIZATIONS PRESIDNT AND TREASURER. SUBSEQUENTLY FORM 990, COMPLETE WITH ALL SCHEDULES, IS THEN PROVIDED TO THE FULL BOARD BEFORE FILING WITH THE IRS. Conflict of interest policy compliance Part VI line 12c THE PURPOSE OF THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS TO PROTECT MHDCS INTERESTS WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF AN OFFICER OR DIRECTOR OF MHDC OR MIGHT RESULT IN A POSSIBLE EXCESS BENEFIT TRANSACTION. THIS POLICY IS INTENDED TO SUPPLEMENT, BUT NOT REPLACE, ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. Governing documents etc available to public Part VI line 19 SOME OR ALL OF THESE ITEMS MAY BE AVAILABLE UPON REQUEST, HOWEVER CURRENT TAX LAW DOES NOTREQUIRE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST PLOICY OR FINANCIALS BE PROVIDED TO THE PUBLE. Explanation of other changes in net assets or fund balances Part XI line 9 ACCOUNTING CHANGE BELLA MONTE HOMES LLC 1619 PARAMOUNT BLVD Montebello CA 90640 202563263 RESIDENTIAL PROPERTIES FOR LOW INCOME FAMILIES CA 335403 MONTEBELLO HOUSING DEVELOPMENT CORP