2025-11-14T11:53:03-08:00 2024-12-31 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2024-01-01 954550322 Corporation for Better Housing CORP 8189052430 20750 Ventura Blvd 155 Woodland Hills CA 91364 LORI KOESTER Executive Director 2025-11-14 true true CHERI L BOGGELN P00854324 7143747434 2024 2025-03-06 01:10:19Z LORI KOESTER 20750 Ventura Blvd 155 Woodland Hills CA 91364 7815276 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 0 8695154 7409487 421112 405789 0 9116266 7815276 0 0 755698 628984 0 0 7019082 8840965 7774780 9469949 1341486 -1654673 446945353 527892247 366617332 448208023 80328021 79684224 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 9054349 7409487 The organization has developed 6,320 affordable housing units in 22 counties in California 9054349 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 12 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 326427 0 21653 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 326427 21653 1 false true false Campbell & Farahani LLP 5030 Chesebro Road Second Floor Agoura Hills CA 91301 legal services 159000 1 0 COD INCOME FROM k-1S 531390 525960 525960 DEVELOPER FEE 531390 1359149 1359149 MANAGEMENT FEE 531390 757847 757847 RENTAL INCOME 531110 4499890 4499890 SOCIAL SERVICE FEE 531390 90330 90330 176311 176311 7409487 405789 405789 0 0 0 0 0 0 0 0 7815276 7409487 405789 0 0 0 0 348080 261060 87020 0 219029 174456 44573 0 33824 25368 8456 28051 21038 7013 17355 17355 360564 275497 85067 35585 26689 8896 0 0 0 121645 97107 24538 1356 1356 99535 95272 4263 0 0 66561 66561 70028 52521 17507 0 0 306068 306068 0 0 210300 166621 43679 RENTAL EXPENSE FROM K-1 7096673 7096673 DEPRECIATION EXPENSE 162495 162495 REPAIR AND MAINTENANCE 106811 106811 UTILITIES 35526 35526 150463 132436 18027 9469949 9054349 415600 0 719390 478343 0 0 3327607 3058978 0 0 5693736 5818736 0 99401 11467 13973580 5035806 9100269 8937774 0 0 357744093 434031259 0 70260857 75555690 446945353 527892247 276435 2835418 3000 5002 13430338 13641842 352907559 431725761 366617332 448208023 X 80328021 79684224 80328021 79684224 446945353 527892247 X -1654673 1010876 X false false false X 0 8373941 11685671 19870052 8695154 6883527 55508345 0 0 0 8373941 11685671 19870052 8695154 6883527 55508345 0 4633612 8808186 12398293 3589985 1178026 30608102 4633612 8808186 12398293 3589985 1178026 30608102 24900243 144627 277121 321266 421112 405789 1569915 0 144627 277121 321266 421112 405789 1569915 0 0 8518568 11962792 20191318 9116266 7289316 57078260 0.43620 0.39650 0.02750 0.02170 X 4743800 4743800 5883089 5035806 847283 303042 303042 3043649 3043649 8937774 434031259 ADVANCES TO INVESTEES PARTNERSHIPS 24520411 CONSTRUCTION IN PROGRESS 589 DEVELOPER FEE RECEIVABLE 37893874 DUE FROM CBH 100827 DUE FROM ICD 5000 DUE FROM KAVIGEM 157888 INCENTIVE MANAGEMENT FEE RECEIVABLE 260717 OPERATING DEF GUARANTY FEE REC 35000 PARTNERSHIP ADMIN FEE RECEIVABLE 282830 PARTNERSHIP MGMT FEE RECEIVABLE 5296600 PROJECTS UNDER DEVELOPMENT 5001096 SOCIAL SERVICE FEE RECEIVABLE 2000858 75555690 DUE TO BLH GENERAL 1367194 DUE TO CBH PROP MGR 690 DUE TO CZL 119044 DUE TO ICD 1024675 NONRECOURSE DEBT FROM K-1 322 PREPAID EXPENSE 149508 QNR DEBT FROM K-1 6904145 RECOURSE DEBT FROM K-1 422111393 RELATED PARTY PAYBLE 23495 TENANT SECURITY DEPOSITS 25295 431725761 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, 2024 AND 2023. X false false false false false false false false false LORI KOESTER Executive Dir. 326427 21653 348080 RBT Consulting LLC OWNER IS OFFICER 98150 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 = $1010876 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 2024 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 1/1/24 $80,328,021.2024 INCOME PER TAX (1,654,673.) TAX/GAAP DIFFERENCES 1,010,876.FUND BALANCE AT 12/31/24 $79,684,224. 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 373005 5385826 CORPORATION FOR BETTER HOUSING ATTACHED 1741 CHEATHAM AVENUE BAKERSFIELD CA 93307 RENTAL REAL ESTATE CA CORP FOR BETTER HSG false false true true true true false false false false false false false true false false false false false false false