2025-11-17T20:18:32-06:00 2023-12-31 333709623 COHNREZNICK ADVISORY LLC 621 CAPITOL MALL SUITE 2150 SACRAMENTO CA 95814 990 2023-01-01 521795395 MAGNOLIA HOUSING INC MAGN 3019980400 11810 GRAND PARK AVENUE 600 NORTH BETHESDA MD 20852 TODD TRAVIS PRESIDENT 3019980400 2025-11-17 1 1 ZACHARY SEGAL P01511850 9164429100 2025-11-17 2023 2025-03-06 01:10:19Z TODD TRAVIS 11810 GRAND PARK AVENUE 600 NORTH BETHESDA MD 20852 1048335 0 X N/A X 1992 MD TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND THEIR FAMILIES 2 2 0 2 0 0 754498 741644 305320 306691 233 0 93948 0 1153999 1048335 8226331 0 0 0 145968 0 0 0 0 3023269 0 11395568 0 -10241569 1048335 5876492 0 15468228 8208403 -9591736 -8208403 TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND THEIR FAMILIES 0 0 306691 TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND THEIR FAMILIES 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X TODD TRAVIS 3019980400 11810 GRAND PARK AVENUE 600 NORTH BETHESDA MD 20852 X MARC WELLER DIRECTOR 1.00 X 0 0 0 ROBERT CUSTER DIRECTOR 1.00 X 0 0 0 TODD TRAVIS PRESIDENT 1.00 X 0 0 0 0 0 0 0 0 0 0 0 741644 741644 PASS-THROUGH INCOME 531110 306691 306691 306691 1048335 306691 0 0 0 0 0 0 90281 79275 23753 0 5110943 572240 0 5876492 0 22382 5099 36266 10957685 4446796 8208403 15468228 8208403 X -9591736 -8208403 -9591736 -8208403 5876492 0 X 1048335 334998 X 0 1 X 1 0 X 762074 838463 835230 754498 741644 3931909 762074 838463 835230 754498 741644 3931909 662995 3268914 243 42 18 233 536 3932445 1829018 0.83130 0.97120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 0 INVESTMENTS IN REAL ESTATE ENTITIES 8208403 8208403 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: THE FOUNDATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX-EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, THE FOUNDATION IS NOT SUBJECT TO INCOME TAXES. THE FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. NONE OF THE SUBSIDIARY ENTITIES HAD UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE FOUNDATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. INCOME TAX RETURNS FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE ORGANIZATION PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AN AFFIRMATIVE SIGNED STATEMENT OF NO CONFLICTS IS REQUIRED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTION 8,481,159. DECONSOLIDATION OF INVESTMENTS -8,146,161. PARK SHIRLINGTON MEMBER LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 823226422 AFFORDABLE HOUSING MD 1048335 0 MAGNOLIA HOUSING INC BISHOPS GARTH OF WESTMINSTER AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 822181522 AFFORDABLE HOUSING MD N/A 0 0 BROADMEADOW AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475618388 AFFORDABLE HOUSING MD N/A 0 0 DELTA TERRACE AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475552192 AFFORDABLE HOUSING MD N/A 0 0 FIELDCREST AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 813401532 AFFORDABLE HOUSING MD N/A 0 0 ROLLING HILLS AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475566378 AFFORDABLE HOUSING MD N/A 0 0 SANDIDGE HILLS AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475587706 AFFORDABLE HOUSING MD N/A 0 0 ST PATRICK I AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 831073528 AFFORDABLE HOUSING MD N/A 0 0 STANDARD FOUNDATION PARK SHIRLINGTON LLC 730 11TH STREET NW SUITE 600 WASHINGTON DC 20001 823429325 AFFORDABLE HOUSING MD N/A RELATED 14101519 5822426 0 0 0.98000 TOWERS WEST AFFORDABLE LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475641251 AFFORDABLE HOUSING MD N/A 0 0 BISHOPS GARTH MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 822196723 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 43971 1158989 1.00000 1 BROADMEADOW MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475628348 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 52539 1633318 1.00000 1 DELTA TERRACE MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475554654 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 13060 433679 1.00000 1 FIELDCREST MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 813423460 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 10243 270419 1.00000 1 ROLLING HILLS MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475575668 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 19896 617655 1.00000 1 SANDRIDGE HILLS MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475603623 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 17833 576365 1.00000 1 ST PATRICK I MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 831124603 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 74910 1975224 1.00000 1 TOWERS WEST MM LLC 11810 GRAND PARK AVENUE SUITE 600 NORTH BETHESDA MD 20852 475659988 AFFORDABLE HOUSING MD MAGNOLIA HOUSING INC C 44541 1223521 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0