2025-07-15T15:04:44-05:00 2024-06-30 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-07-01 550881162 CAMBA HOUSING VENTURES (CHV) CAMB 7182872600 CO CAMBA 1720 CHURCH AVENUE BROOKLYN NY 11226 VALERIE BARTON-RICHARDSON PRESIDENT & CEO 7182872600 2025-07-15 1 1 MELISSA MODELSON P01603524 9143818900 2025-07-09 2023 2025-03-06 01:10:19Z X VALERIE BARTON-RICHARDSON C/O CAMBA 1720 CHURCH AVENUE BROOKLYN NY 11226 4669826 0 X WWW.CAMBAHOUSINGVENTURES.ORG X 2004 NY TO DEVELOP AND PROVIDE PERMANENT SUPPORTIVE HOUSING FOR LOW INCOME AND FORMERLY HOMELESS INDIVIDUALS. 4 4 0 3 0 0 183473 166049 2857395 3482085 296515 361957 675559 659735 4012942 4669826 0 0 0 0 0 0 0 0 0 3986441 3506795 3986441 3506795 26501 1163031 32144870 36152774 16921190 19766063 15223680 16386711 X CAMBA HOUSING VENTURES ENVISIONS DIVERSE, THRIVING COMMUNITIES WHERE AFFORDABLE HOUSING HELPS TENANTS SUCCEED AND IMPROVES THE LOCAL ECONOMY. CHV'S MISSION IS TO ELEVATE THE DEFINITION OF AFFORDABLE AND SUPPORTIVE HOUSING BY CREATING AND PRESERVING SUSTAINABLE, HIGH-QUALITY, AND ENERGY-EFFICIENT DEVELOPMENTS THAT PROVIDE RESIDENTS WITH A HEALTHY, STABILIZING, AND BEAUTIFUL HOME. WE ARE COMMITTED TO EMPOWERING COMMUNITIES WITH RESOURCES AND OPPORTUNITIES TO FLOURISH. 0 0 2929514 0 3482085 CAMBA HOUSING VENTURES, INC. IS AN AFFORDABLE HOUSING DEVELOPMENT ORGANIZATION DEVELOPING SUSTAINABLE AND ENERGY EFFICIENT BUILDINGS THAT PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME AND FORMERLY HOMELESS FAMILIES AND INDIVIDUALS. 2929514 1 1 0 1 0 0 0 0 0 0 1 0 1 1 1 1 1 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 1 0 0 0 1 20 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 0 0 0 1 0 0 0 0 0 0 NY X X VALERIE BARTON-RICHARDSON 7182872600 C/O CAMBA 1720 CHURCH AVENUE BROOKLYN NY 11226 CHRISTOPHER ZARRA CHAIRMAN 1.00 5.00 X X 0 0 0 KATHERINE O'NEILL SECRETARY 1.00 4.00 X X 0 0 0 HENRY BRIANCE BOARD MEMBER 1.00 3.00 X 0 0 0 RICHARD LOBEL BOARD MEMBER 1.00 1.00 X 0 0 0 JOANNE OPLUSTIL PRESIDENT/CEO THRU MAY 2024 7.00 33.00 X 0 551738 137282 VALERIE BARTON-RICHARDS PRESIDENT/CEO AS OF MAY 2024 7.00 33.00 X 0 413775 46355 JASON BOUCHARD CFO 1.00 39.00 X 0 205881 55311 DAVID ROWE CHIEF ADMIN. OFFICER 40.00 0.00 X 0 575928 30599 SHARON BROWNE CHIEF ADMIN. OFFICER 7.00 33.00 X 0 406015 69292 MICHEAL BERNE SENIOR VP 40.00 0.00 X 0 239087 63875 0 2392424 402714 0 0 1 0 0 166049 166049 DEVELOPER FEES 900099 3198000 3198000 ADMINISTRATIVE FEES 900099 284085 284085 3482085 361957 361957 SALARY REIMBURSEMENT 900099 659735 659735 659735 4669826 3482085 0 1021692 1108 1108 57400 57400 68000 68000 293728 293728 335 335 69729 69729 182475 182475 46533 46533 36577 36577 38168 38168 9699 9699 PURCHASED SERVICES 2403592 2403592 ADMINISTRATIVE FEES 288431 288431 REPAIRS & MAINTENANCE 5420 5420 STAFF DEVELOPMENT 5100 5100 500 500 3506795 2929514 577281 0 8601703 5133225 3797758 6248819 302181 27310 28691 190842 128628 100382 62214 11797649 17166656 15031056 32144870 36152774 6000 2000 5527500 6427500 11387690 13336563 16921190 19766063 X 15223680 16386711 15223680 16386711 32144870 36152774 1163031 0 X X 0 1 X 1 0 X 62794 10381 56100 183473 166049 478797 1848100 2787389 5365266 3532954 3482085 17015794 1910894 2797770 5421366 3716427 3648134 17494591 0 0 0 17494591 256045 272548 274424 296515 361957 1461489 256045 272548 274424 296515 361957 1461489 659735 659735 2166939 3070318 5695790 4012942 4669826 19615815 0.89190 0.93410 0.07450 0.06590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 68000 0 0 68000 0 PART II-B, LINE 1: THE ORGANIZATION HIRED OUTSIDE LOBBYISTS TO LOBBY THE FEDERAL AND STATE GOVERNMENTS IN REGARDS TO THE AFFORDABLE HOUSING TAX CREDIT IMPROVEMENT ACT, AFFORDABLE HOUSING PROGRAMS, AND COMMUNITY PROJECT FUNDING. 190842 128628 62214 62214 LOAN RECEIVABLE 10395049 F INVESTMENT IN AFFILIATES 1402600 F 11797649 SECURITY DEPOSIT 93850 ROU ASSET 1414731 DUE FROM AFFILIATES 4077280 PROJECT DEVELOPMENT COSTS 196423 DEVELOPER FEE RECEIVABLE 9248772 15031056 DUE TO AFFILIATES 7414668 OPERATING LEASE LIABILITY 1499896 CONTINGENT LIABILITY FOR RESERVES 4421999 13336563 X 4669826 0 4669826 0 4669826 3506795 0 3506795 0 3506795 PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTION FOR PERIODS PRIOR TO THE YEAR ENDED JUNE 30, 2021. 0 1 0 0 0 0 0 0 0 JOANNE OPLUSTIL PRESIDENT/CEO THRU MAY 2024 0 505507 0 0 0 46231 0 89128 0 48154 0 689020 0 0 DAVID ROWE CHIEF ADMIN. OFFICER 0 550650 0 0 0 25278 0 17215 0 13384 0 606527 0 0 SHARON BROWNE CHIEF ADMIN. OFFICER 0 380625 0 0 0 25390 0 17853 0 51439 0 475307 0 0 VALERIE BARTON-RICHARDS PRESIDENT/CEO AS OF MAY 2024 0 388385 0 0 0 25390 0 19396 0 26959 0 460130 0 0 MICHEAL BERNE SENIOR VP 0 238571 0 0 0 516 0 10825 0 53050 0 302962 0 0 JASON BOUCHARD CFO 0 205481 0 0 0 400 0 3820 0 51491 0 261192 0 0 PART I, LINE 4B JOANNE OPLUSTIL PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED PLAN. CAMBA, INC. CONTRIBUTED $70,000 TO THE PLAN ON HER BEHALF IN 2023. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B CAMBA HOUSING VENTURES HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. IF ANY ISSUES ARISE, THEY ARE FORWARDED TO THE OUTSIDE ACCOUNTANT AND THE BOARD REVIEWS AFTER REVISIONS AND RESOLUTIONS. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12 THE ORGANIZATION FOLLOWS THE CONFLICT OF INTEREST POLICY OF ITS PARENT, CAMBA, INC. EACH DIRECTOR, OFFICER, AND KEY EMPLOYEE SHALL ANNUALLY SIGN AND SUBMIT TO THE SECRETARY OF CAMBA A STATEMENT, WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, AND (C) HAS AGREED TO COMPLY WITH THE POLICY. ALL TRANSACTIONS, AGREEMENTS OR ANY OTHER ARRANGEMENTS BETWEEN CAMBA AND A RELATED PARTY, AND ANY OTHER TRANSACTIONS THAT MAY INVOLVE A POTENTIAL CONFLICT OF INTEREST, SHALL BE REVIEWED BY THE INDEPENDENT DIRECTORS OF THE BOARD. ALL RELATED PARTIES WITH A FINANCIAL INTEREST SHALL LEAVE THE ROOM IN WHICH SUCH DELIBERATIONS ARE CONDUCTED, AND SHALL NOT ATTEMPT TO INFLUENCE THE DELIBERATION OR VOTING ON SUCH MATTER. THE BOARD SHALL, AFTER CONSIDERING ALTERNATE TRANSACTIONS AND/OR COMPARABILITY DATA, DETERMINE IN GOOD FAITH BY VOTE OF THE INDEPENDENT DIRECTORS OF THE BOARD WHETHER THE TRANSACTION OR ARRANGEMENT IS FAIR, REASONABLE, AND IN THE BEST INTEREST OF CAMBA AT THE TIME OF SUCH DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION, FORM 990, AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART VI, LINES 13 AND 14: THE ORGANIZATION HAS NOT FORMALLY ADOPTED ITS OWN DOCUMENT RETENTION AND DESTRUCTION POLICY OR WHISTLEBLOWER POLICY. HOWEVER IT DOES FOLLOW ITS PARENT'S (CAMBA, INC.) POLICIES. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AMENDED FORM 990: THE ORGANIZATION AMENDED ITS FY 2024 FORM 990 FOR THE FOLLOWING: 1. PART 1, LINE 17: TO ADJUST THE AMOUNT OF OTHER EXPENSES. 2. PART 1, LINE 20: TO ADJUST THE AMOUNT OF TOTAL ASSETS. 3. PART 1, LINE 22: TO ADJUST THE AMOUNT OF NET ASSETS. 4. PART IX, LINE 19: TO UPDATE THE CONFERENCES, CONVENTIONS, AND MEETINGS EXPENSE AMOUNT 5. PART IX, TO UPDATE THE ALLOATION OF THE EXPENSES BASED ON THE ISSUED FINANCIAL STATEMENTS 6. PART X, LINE 15, TO UPDATE THE OTHER ASSETS AMOUNT. 7. PART X, LINE 27: TO UPDATE THE NET ASSETS AMOUNT TO MATCH THE ISSUED FINANCIAL STATEMENTS. 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