2025-11-16T18:54:13-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 18500 VON KARMAN AVE 10TH FLOOR IRVINE CA 92612 990 2024-01-01 311682049 AFFORDABLE HOUSING ACCESS INC AFFO 9492533120 3920 BIRCH STREET 103 NEWPORT BEACH CA 92660 VASILIOS SALAMANDRAKIS PRESIDENT 9492533120 2025-11-14 1 0 BRIAN YACKER P00401346 9492222999 2025-11-14 2024 2025-03-06 01:10:19Z VASILIOS SALAMANDRAKIS 3920 BIRCH STREET 103 NEWPORT BEACH CA 92660 42147909 0 X WWW.AHACCESS.ORG X 1999 CA CREATION AND PRESERVATION OF QUALITY AFFORDABLE HOUSING. 7 5 15 5 0 0 823761 1004302 5232738 5488015 1764869 398210 7076777 10608111 14898145 17498638 876570 861953 0 0 5287398 6408031 0 0 41003 8608890 10370316 14772858 17640300 125287 -141662 80525977 111083332 50092381 63154822 30433596 47928510 X TO ALLEVIATE THE CRITICAL SHORTAGE OF AFFORDABLE HOUSING OPPORTUNITIES FOR LOW MODERATE INCOME, HANDICAPPED AND ELDERLY PERSONS. TO ACCOMPLISH THIS GOAL, THE ORGANIZATION ORGANIZES PARTNERSHIPS THAT CONSTRUCT, ACQUIRE, REHABILITATE AND PRESERVE AFFORDABLE MULTI-FAMILY HOUSING. 0 0 16573983 861953 16056716 THE ORGANIZATION PROVIDES AFFORDABLE HOUSING FOR LOW-INCOME PERSONS AND SERVES AS AN OWNER OR GENERAL PARTNER OF LIMITED PARTNERSHIPS OR JOINT VENTURES THAT OWN AFFORDABLE HOUSING FOR THE BENEFIT OF LOW-INCOME PERSONS. THEY ALSO PROVIDE SOCIAL SERVICE OUTREACH VENTURES AIMED AT EMPOWERING BOTH LOW-INCOME INDIVIDUALS AND THEIR COMMUNITIES. AS AN INDICATION OF ITS SUCCESS, THE ORGANIZATION HAS OWNERSHIP OR BENEFICIAL INTERESTS IN 21,027 DWELLING UNITS IN 191 SEPARATE HOUSING COMMUNITIES THROUGHOUT CALIFORNIA, ARIZONA, FLORIDA, MARYLAND, OHIO, OREGON, TEXAS, AND WASHINGTON. 16573983 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 12 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 1 1 CA OR X WILLIAM W HIRSCH 9492533120 3920 BIRCH ST SUITE 103 NEWPORT BEACH CA 92660 WILLIAM W HIRSCH CHIEF EXECUTIVE OFFICER 40.00 X X 758546 0 43350 VASILIOS SALAMANDRAKIS PRESIDENT 40.00 X 583177 0 169188 SHAWN R BOYD CHIEF INVESTMENT OFFICER/EXEC. VP 40.00 X 508427 0 197962 HILDA L JUSUF CHIEF FINANCIAL OFFICER 40.00 X 471291 0 119963 SCOTT S STEPHENS VICE PRESIDENT, ASSET MANAGEMENT 40.00 X 332024 0 220747 JONATHAN B WEBB DIRECTOR/CHIEF PHILANTHROPY OFFICER 40.00 X X 232762 0 32381 DESIREE BOLLER ASSET MANAGER 40.00 X 122212 0 102865 HAYDEE LEOWARDY ASSET MANAGER 40.00 X 163445 0 57644 INEKE K ANDERSON CONTROLLER 40.00 X 132406 0 78755 JESSICA S MARTINI ACCOUNTING MANAGER & ASSISTANT SEC. 40.00 X 143743 0 41335 MARK A DEMKIW ASSET MANAGER 40.00 X 139734 0 37242 KRISTIN B BYRNES DIRECTOR 1.00 X 0 0 0 MICHAEL J GOODMAN DIRECTOR 1.00 X 0 0 0 MATTHEW B KAUFMAN DIRECTOR 1.00 X 0 0 0 JAMES A MICKLE DIRECTOR 1.00 X 0 0 0 EILEEN E PADBERG DIRECTOR 1.00 X 0 0 0 3587767 0 1101432 11 0 1 0 BAKER TILLY US LLP 50 FREMONT STREET SUITE 4000 SAN FRANCISCO CA 94105 ACCOUNTING/CONSULTING 198275 1 932032 72270 1004302 MGMT. AND INCENTIVES 531390 4436345 4436345 DEVELOPER FEES 531390 603023 603023 PROGRAMMATIC SERVICES 531390 448647 448647 5488015 974670 974670 10568701 0 10568701 10568701 10568701 2387469 21685342 2390084 22259187 -2615 -573845 -576460 -576460 REIMBURSEMENT 900099 33564 33564 AFFINITY CARD 900099 5846 5846 39410 17498638 16056716 0 437620 830192 830192 31761 31761 3669818 3270174 399644 1805158 1649122 156036 243285 197327 45958 461631 414390 47241 228139 203592 24547 405080 405080 25795 25795 170900 170900 40092 40092 548614 542296 6318 29083 29083 820059 753088 25968 41003 2459827 2459532 295 3290804 3290804 1697140 1697140 762215 736046 26169 LLC STATE TAXES 81680 81680 PERMITS AND LICENSES 35594 35515 79 PRE-DEVELOPMENT COSTS 3433 3046 387 17640300 16573983 1025314 41003 9114319 4218392 658242 3774935 5791288 5532309 4995886 7659857 404238 453847 69756098 10174065 45119262 59582033 8906254 10414457 10482072 5536488 8965430 80525977 111083332 4935228 979823 27540 24075 36053367 44326644 25151961 802969 945596 50092381 63154822 X 30433596 47928510 30433596 47928510 80525977 111083332 X -141662 22201 13294610 4319765 X X 0 1 X 1 0 X 6150 6000 21000 823761 1004302 1861213 10408753 8477780 10297614 12150272 16056716 57391135 10414903 8483780 10318614 12974033 17061018 59252348 0 0 0 59252348 426909 227664 443145 775267 974670 2847655 426909 227664 443145 775267 974670 2847655 126642 99587 80653 159243 39410 505535 10968454 8811031 10842412 13908543 18075098 62605538 0.94640 0.94500 0.04550 0.04560 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 126,642. 2021 AMOUNT: $ 99,587. 2022 AMOUNT: $ 80,653. CREDIT ENHANCEMENT - 2023 AMOUNT: $ 150,000. REBATES - 2023 AMOUNT: $ 464. REIMBURSEMENT - 2023 AMOUNT: $ 6,119. 2024 AMOUNT: $ 33,564. AFFINITY CARD - 2023 AMOUNT: $ 2,660. 2024 AMOUNT: $ 5,846. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10366223 10366223 59389875 10174065 49215810 59582033 PARTNERSHIPS 10482072 F 10482072 OTHER ASSETS 2637 RESERVE ACCOUNTS ON DEBT FINANCED PROP. 4857359 SEC 457(B) DEFERRED COMP PLAN 543690 TENANT SECURITY DEPOSITS 297329 ADVANCES 8650 INTEREST RECEIVABLE 3255765 8965430 SEC 457(B) DEFERRED COMP PLAN 543690 SECURITY DEPOSIT 285766 DEFINED OBLIGATION PLAN 116140 945596 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND THEREFORE HAS MADE NO PROVISION FOR FEDERAL INCOME TAXES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. THERE WAS NO UNRELATED BUSINESS INCOME FOR 2024. LLC'S AND LIMITED PARTNERSHIPS IN WHICH THE ORGANIZATION HAS OWNERSHIP ARE CLASSIFIED AS EITHER DISREGARDED ENTITIES OR PARTNERSHIPS FOR FEDERAL AND STATE INCOME TAX PURPOSES. AS SUCH, THE INCOME, LOSSES AND CREDITS ARE INCLUDED IN THE INCOME TAX RETURNS OF THE OWNERS. ACCORDINGLY, NO INCOME TAX PROVISION HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE LLC'S AND LIMITED PARTNERSHIPS. ONLY THE ANNUAL CALIFORNIA LIMITED LIABILITY COMPANY MINIMUM TAX AND THE ANNUAL FEE APPEAR AS EXPENSE IN THE CONSOLIDATED FINANCIAL STATEMENTS. GAAP PROVIDES DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ENTITY IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND DOES NOT BELIEVE THAT THE ORGANIZATION HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE TO FOUR YEARS, RESPECTIVELY, AFTER THEY ARE FILED. 1 BEACH CITIES INTERFAITH SERVICES INC PO BOX 8307 HUNTINGTON BEACH CA 92615 710985410 501(C)(3) 25000 0 GENERAL SUPPORT BOYS & GIRLS CLUB OF HUNTINGTON VALLEY 16582 BROOKHURST STREET FOUNTAIN VALLEY CA 92708 956192466 501(C)(3) 10000 0 GENERAL SUPPORT BRACKEN'S KITCHEN 13941 NAUTILUS DRIVE GARDEN GROVE CA 92843 462633171 501(C)(3) 40253 0 GENERAL SUPPORT CASA TERESA PO BOX 429 ORANGE CA 92856 ORANGE CA 92856 953251986 501(C)(3) 10000 0 GENERAL SUPPORT COMMUNITY ENGAGEMENT INC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 474600334 501(C)(3) 132000 0 GENERAL SUPPORT CREATIVE WOMEN OF PINNACLE PEAK 8711 E PINNACLE PEAK RD PMB 244 SCOTTSDALE AZ 85255 860672643 501(C)(3) 10000 0 GENERAL SUPPORT EMPOWER YOLO 175 WALNUT STREET WOODLAND CA 95695 943027535 501(C)(3) 10000 0 GENERAL SUPPORT HEKAB BE BIBLIOTECA INC 306 SAINT ANDREWS ROAD NEWPORT BEACH CA 92663 262750810 501(C)(3) 10000 0 GENERAL SUPPORT MIRACLE MESSAGES 5432 GEARY BLVD SUITE 896 SAN FRANCISCO CA 94121 824179328 501(C)(3) 100000 0 GENERAL SUPPORT PATHWAYS TO INDEPENDENCE PO BOX 43 LOS ALAMITOS CA 90720 330148082 501(C)(3) 25000 0 GENERAL SUPPORT PRECIOUS LIFE SHELTER INC P O BOX 414 LOS ALAMITOS CA 90720 510187577 501(C)(3) 25000 0 GENERAL SUPPORT PROJECT ACCESS INC 2100 WEST ORANGEWOOD AVENUE STE 230 ORANGE CA 92868 330834635 501(C)(3) 227622 0 GENERAL SUPPORT STANDUP FOR KIDS ORANGE COUNTY 1055 EL CAMINO DR UNIT E COSTA MESA CA 92626 330414855 501(C)(3) 25000 0 GENERAL SUPPORT THE HEARTWAY 300 WOODPECKER LANE NEVADA CITY CA 95959 474703348 501(C)(3) 21000 0 GENERAL SUPPORT THE LITERACY PROJECT 111 VIA LIDO SOUD NEWPORT BEACH CA 92663 330395322 501(C)(3) 40750 0 GENERAL SUPPORT THOMAS HOUSE FAMILY SHELTER PO BOX 2737 GARDEN GROVE CA 92842 330204757 501(C)(3) 21000 0 GENERAL SUPPORT WISEPLACE 1411 N BROADWAY SANTA ANA CA 92706 951684796 501(C)(3) 35500 0 GENERAL SUPPORT 17 0 LOW INCOME ASSISTANCE 8 31761 PART I, LINE 2: FOR ANY GRANTS MADE BY AFFORDABLE HOUSING ACCESS, WE CONDUCT THE PROPER PRE-GRANT DUE DILIGENCE TO ENSURE THAT THE GRANT RECIPIENT IS TRULY CHARITABLE. AWARD LETTERS ARE SENT AND PERIODIC REPORTING OF GRANT FUNDS BY GRANTEE. X X X 0 0 0 0 0 0 0 0 0 WILLIAM W HIRSCH CHIEF EXECUTIVE OFFICER 505697 0 252849 0 0 0 0 0 43350 0 801896 0 0 0 VASILIOS SALAMANDRAKIS PRESIDENT 386728 0 193364 0 3085 0 137021 0 32167 0 752365 0 0 0 SHAWN R BOYD CHIEF INVESTMENT OFFICER/EXEC. VP 336647 0 168324 0 3456 0 155651 0 42311 0 706389 0 0 0 HILDA L JUSUF CHIEF FINANCIAL OFFICER 309110 0 154555 0 7626 0 82053 0 37910 0 591254 0 0 0 SCOTT S STEPHENS VICE PRESIDENT, ASSET MANAGEMENT 218213 0 109107 0 4704 0 182658 0 38089 0 552771 0 0 0 JONATHAN B WEBB DIRECTOR/CHIEF PHILANTHROPY OFFICER 193968 0 38794 0 0 0 0 0 32381 0 265143 0 0 0 DESIREE BOLLER ASSET MANAGER 100000 0 20000 0 2212 0 54013 0 48852 0 225077 0 0 0 HAYDEE LEOWARDY ASSET MANAGER 134505 0 26901 0 2039 0 30311 0 27333 0 221089 0 0 0 INEKE K ANDERSON CONTROLLER 110000 0 22000 0 406 0 51022 0 27733 0 211161 0 0 0 JESSICA S MARTINI ACCOUNTING MANAGER & ASSISTANT SEC. 109561 0 21499 0 12683 0 0 0 41335 0 185078 0 0 0 MARK A DEMKIW ASSET MANAGER 115500 0 23100 0 1134 0 31952 0 5290 0 176976 0 0 0 A MARYLAND ECONOMIC DEVELOPMENT CORPORATION 521376562 2024-04-15 34500000 TO FINANCE THE BORROWER'S ACQUISITION AND REHABILITATION 0 0 0 A 34500000 345000 0 0 1 1 A 1 0 1 1 0 0 0 1 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY VARIOUS MEMBERS OF THE BOARD OF DIRECTORS. ANY QUESTIONS OR PROPOSED REVISIONS/ADDITIONS ARE COMMUNICATED BY THE REVIEWERS TO THE OUTSIDE CPA PREPARER OF THE FORM 990. A COPY OF THE FINAL FORM 990 IS FORWARDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY AND EACH MEMBER DISCLOSES ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST AS DEFINED IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 A LEADING PROFESSIONAL SERVICES FIRM. THE REPORT PROVIDED A DETERMINATION ON WHETHER BASE SALARY, ANNUAL BONUS, AND RETIREMENT BENEFITS WERE REASONABLE IN RELATION TO A COMPARABLE MARKET. THE COMPENSATION COMMITTEE, CONSISTING OF DISINTERESTED MEMBERS OF THE BOARD, REVIEWED THE GRANT THORNTON REPORT AND THE PERFORMANCE OF THE CEO, PRESIDENT, AND OTHER OFFICERS/KEY EMPLOYEES, THEN MADE A RECOMMENDATION BEFORE THE BOARD, WHICH APPROVED THE RESOLUTION. NEITHER INTERESTED BOARD MEMBERS NOR KEY EMPLOYEES TOOK PART IN ANY DELIBERATION OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONAL DOCUMENTS, FORM 990, AUDITED FINANCIAL STATEMENTS, AND WRITTEN POLICIES ARE AVAILABLE FOR INSPECTION OR COPYING AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS. COPIES WILL BE PROVIDED TO ANYONE WHO REQUESTS THEM. FORM 990, PART XI, LINE 9: WRITE OFF OF TENANT SECURITY DEPOSIT 1,084. DEBT FORGIVENESS 4,318,681. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. AHA - FOXDALE LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 208882878 LOW INCOME HOUSING CA 62434 31154 AFFORDABLE HOUSING ACCESS INC AHA - HESPERIA I LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 208882749 LOW INCOME HOUSING CA 6167 47987 AFFORDABLE HOUSING ACCESS INC AHA - HESPERIA III LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 208882835 LOW INCOME HOUSING CA 1884 41902 AFFORDABLE HOUSING ACCESS INC AHA 39 CB AFFORDABLE LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 863277374 LOW INCOME HOUSING CA 2581 0 AFFORDABLE HOUSING ACCESS INC AHA AFFORDABLE INVESTMENTS II LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 851426054 LOW INCOME HOUSING CA 23750 38239 AFFORDABLE HOUSING ACCESS INC AHA AFFORDABLE INVESTMENTS LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 823659368 LOW INCOME HOUSING CA 223706 1879321 AFFORDABLE HOUSING ACCESS INC AHA ALICE COURT LLC 3920 BIRCH STREET SUITE 103 NEWPORT BEACH CA 92660 991318552 LOW INCOME HOUSING CA 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