2025-11-14T15:43:02-06:00 2024-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2024-01-01 942223398 COMMUNITY HOUSING IMPROVEMENT PROGRAM COMM 5308916931 1001 WILLOW STREET CHICO CA 95928 SEANA O'SHAUGHNESSY PRESIDENT/CEO 5308916931 2025-11-14 1 0 SHERMAN LEONG P00513747 4159579999 2024 2025-03-06 01:10:19Z SEANA O'SHAUGHNESSY 1001 WILLOW STREET CHICO CA 95928 10118572 0 X WWW.CHIPHOUSING.ORG X 1973 CA PROVIDE MULTI-FAMILY AFFORDABLE HOUSING AND SINGLE FAMILY AFFORDABLE HOUSING HOME OWNERSHIP OPPORTUNITIES TO LOW INCOME INDIVIDUALS AND FAMILIES. 12 12 87 250 0 0 2879331 2967588 7435736 7113652 842 37332 -24283 -28353 10291626 10090219 70500 0 0 0 3008322 3343443 0 0 0 4108872 6009583 7187694 9353026 3103932 737193 33983187 39122371 14875852 19277843 19107335 19844528 TO PROVIDE HEALTHY, SUSTAINABLE, AFFORDABLE HOUSING TO QUALIFIED RESIDENTS OF THE NORTH VALLEY. 0 0 6749950 5212486 DEVELOP, OWN, AND MANAGE AFFORDABLE RENTAL HOUSING FOR LOW-INCOME HOUSEHOLDS,INCLUDING FAMILIES, FARM-WORKERS, SENIOR CITIZENS AND SINGLE INDIVIDUALS. PROVIDE SPECIALIZED SERVICES TO LOW-INCOME TENANTS TO IMPROVE THEIR QUALITY OF LIFE. 1941343 1901166 TO PROVIDE ALL SERVICES NECESSARY TO FACILITATE THE CONSTRUCTION OF SINGLE FAMILY HOMES BY GROUPS OF LOW-INCOME FAMILIES USING THE MUTUAL SELF-HELP METHOD. FAMILIES WILL WORK COOPERATIVELY AND PROVIDE A SIGNIFICANT PORTION OF THE LABOR TOWARDS THE CONSTRUCTION OF THE HOUSE THEY WILL OWN AND LIVE IN UPON COMPLETION OF CONSTRUCTION. 8691293 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 53 0 1 87 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 5308916931 1001 WILLOW STREET CHICO CA 95928 DAVID GOODSON CHAIR 1.00 0.80 X X 0 0 0 ROSS SIMMONS VICE CHAIR 1.00 0.80 X X 0 0 0 ANDREA CURRY DIRECTOR 1.00 0.80 X 0 0 0 ANDY HOLCOMBE DIRECTOR 1.00 0.80 X 0 0 0 ANNE MARIE FLYNN DIRECTOR 1.00 0.80 X 0 0 0 EARL JESSEE DIRECTOR 1.00 0.80 X 0 0 0 EDWARD MAYER DIRECTOR 1.00 0.80 X 0 0 0 SENG YANG DIRECTOR 1.00 0.80 X 0 0 0 KATIE FOWKES DIRECTOR 1.00 0.80 X 0 0 0 KELLEY DODGE DIRECTOR 1.00 0.80 X 0 0 0 MARK HOOPER DIRECTOR 1.00 0.80 X 0 0 0 VANESSA HARO DIRECTOR 1.00 0.80 X 0 0 0 JOSEPH FEIST DIRECTOR 1.00 0.80 X 0 0 0 DAVE BURKLAND DIRECTOR 1.00 0.80 X 0 0 0 SEANA O'SHAUGHNESSY PRESIDENT/CEO 40.00 8.00 X 145194 0 14827 HOLLY MCCORMICK TREASURER 40.00 8.00 X 124984 0 19947 JILL QUEZADA SECRETARY 40.00 8.00 X 104988 0 14459 WENDY PHILLIPS VICE PRESIDENT 40.00 8.00 X 97833 0 15831 VANESSA GUERRA VICE SECRETARY 40.00 8.00 X 134960 0 8037 607959 0 73101 4 0 1 0 0 141506 2429997 396085 121500 2967588 SALE OF AFFORDABLE HOUSES 236000 3654000 3654000 DEVELOPER FEE 531390 872205 872205 RENTAL INCOME 531390 860564 860564 PROPERTY MANAGEMENT/BOOKKEEPING 531390 732036 732036 PARTNERSHIP AND ASSET MANAGEMENT 531390 209886 209886 784961 784961 7113652 37332 37332 0 141506 28353 -28353 -28353 10090219 7113652 0 8979 681061 581437 99624 2130560 1907674 222886 52732 45018 7714 322523 275345 47178 156567 133665 22902 6249 3499 2750 52477 52477 902 652 250 34027 27259 6768 49003 12609 36394 59775 54115 5660 4734 3016 1718 86478 86478 277059 259537 17522 COST OF HOMES SOLD 3502276 3502276 BAD DEBT EXPENSES 542093 542093 TAXES AND INSURANCE 394322 360560 33762 MISCELLANEOUS 223987 221749 2238 776201 674311 101890 9353026 8691293 661733 0 7467527 8461200 229136 532020 5887646 6338264 84245 110500 13958523 4266179 4483424 9692344 998628 583307 756408 528 452 15247374 12232555 33983187 39122371 2980025 5053962 206357 385620 11629782 13751646 59688 86615 14875852 19277843 X 10582667 10788208 8524668 9056320 19107335 19844528 33983187 39122371 737193 0 X X 0 1 X 1 1 1 X 3435546 6314125 2955426 2879331 2967588 18552016 3623706 5774970 2449248 7435736 7113652 26397312 7059252 12089095 5404674 10315067 10081240 44949328 0 0 0 44949328 57386 26686 32895 842 37332 155141 57386 26686 32895 842 37332 155141 7116638 12115781 5437569 10315909 10118572 45104469 0.99660 0.99660 0.00340 0.00340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 165 165 9352861 9353026 617651 154413 0 0 667450 417141 509385 617651 2211627 3317441 78 47 187 165 477 166863 104285 127346 154413 552907 829361 1149408 1149408 12525653 4078850 8446803 283462 187329 96133 9692344 PROPERTY IN DEVELOPMENT 8954351 RECEIVABLE FROM RELATED-PARTY 3278204 12232555 SECURITY DEPOSITS PAYABLE 64818 RELATED PARTY PAYABLE 21797 86615 X PART X, LINE 2: COMMUNITY HOUSING IMPROVEMENT PROGRAM (CHIP) BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. CHIP AND AFFILIATES' FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE YEARS 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. ROCK THE HOUSE 2024 141506 141506 28353 141506 141506 28353 28353 -28353 X X X X 0 0 0 0 0 0 0 0 0 SEANA O'SHAUGHNESSY PRESIDENT/CEO 145194 0 0 0 0 0 4160 0 10667 0 160021 0 0 0 X COD - HAC LOAN 1 121500 BOOK VALUE 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE GOVERNING BOARD PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE OF CONFLICT OF INTEREST FORM IS FILED BY EACH BOARD MEMBER AND DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS REVIEWS AND APPROVES EXECUTIVE SALARIES EVERY OTHER YEAR FOR A TWO YEAR CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ONLY, ARE AVAILABLE TO THE PUBLIC ON THE FEDERAL AUDIT CLEARINGHOUSE WEBSITE: HTTPS://HARVESTER.CENSUS.GOV/FACWEB/ FORM 990, PART VI, SECTION B, LINE 16B: THE ORGANIZATION DOES NOT CURRENTLY HAVE A "WRITTEN" POLICY OR PROCEDURE IN PLACE BUT MANAGEMENT IS AWARE IT MUST SAFEGUARD ITS EXEMPT STATUS WHEN ENTERING INTO JOINT VENTURES. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR. CREEKSIDE PLACE LLC 1001 WILLOW STREET CHICO CA 95928 GP OF AFFORDABLE HOUSING PARTNERSHIP CA 160176 160176 COMMUNITY HOUSING IMPROVEMENT PROGRAM CYPRESS FAMILY APARTMENTS LLC 1001 WILLOW STREET CHICO CA 95928 AFFORDABLE HOUSING CA COMMUNITY HOUSING IMPROVEMENT PROGRAM CYPRESS SENIOR APARTMENTS LLC 1001 WILLOW STREET CHICO CA 95928 AFFORDABLE HOUSING CA COMMUNITY HOUSING IMPROVEMENT PROGRAM LAKERIDGE CIRCLE LLC 1001 WILLOW STREET CHICO CA 95928 GP OF AFFORDABLE HOUSING PARTNERSHIP CA COMMUNITY HOUSING IMPROVEMENT PROGRAM MAPLE PARK PHASE 2 LLC 1001 WILLOW STREET CHICO CA 95928 GP OF AFFORDABLE HOUSING PARTNERSHIP CA -226 129218 COMMUNITY HOUSING IMPROVEMENT PROGRAM PARADISE COMMUNITY VILLAGE I LLC 1001 WILLOW STREET CHICO CA 95928 GP OF AFFORDABLE HOUSING PARTNERSHIP CA 7961 107619 COMMUNITY HOUSING IMPROVEMENT PROGRAM TURNING POINT COMMONS LLC 1001 WILLOW STREET CHICO CA 95928 872139864 AFFORDABLE HOUSING CA COMMUNITY HOUSING IMPROVEMENT PROGRAM BUTTE CREEK HOUSING CORPORATION 1001 WILLOW STREET CHICO CA 95928 680370958 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 CHICO HOMES INC 1001 WILLOW STREET CHICO CA 95928 942751125 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 EATON HOUSING INC 1001 WILLOW STREET CHICO CA 95928 680240738 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 ELLISON I HOUSING CORPORATION 1001 WILLOW STREET CHICO CA 95928 680389884 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 ELLISON II HOUSING CORPORATION 1001 WILLOW STREET CHICO CA 95928 680389885 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 KATHY COURT HOUSING CORPORATION 1001 WILLOW STREET CHICO CA 95928 680381850 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 LUCIAN MANOR AFFORDABLE HOUSING INC 1001 WILLOW STREET CHICO CA 95928 942474131 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 QUEEN ANN HOUSING CORPORATION 1001 WILLOW STREET CHICO CA 95928 680391763 PROVIDE AFFORDABLE RENTAL HOUSING CA 501(C)(3) LINE 10 COMMUNITY HOUSING IMPROVEMENT PROGRAM 1 CAMPBELL COMMONS ASSOCIATES LP 1001 WILLOW STREET CHICO CA 95928 680317151 AFFORDABLE RENTAL HOUSING CA EATON HOUSING INC AND CHIP RELATED 10969 822344 0 0 0.99000 CREEKSIDE PLACE LP 1001 WILLOW STREET CHICO CA 95928 843549796 AFFORDABLE RENTAL HOUSING CA CREEKSIDE PLACE LLC RELATED 25708 1166700 0 1 0.00010 EATON HOUSING IMPROVEMENT PROGRAM LP 1001 WILLOW STREET CHICO CA 95928 680240739 AFFORDABLE RENTAL HOUSING CA EATON HOUSING INC AND CHIP RELATED -42982 6906069 0 0 0.70000 HAZEL HOUSING LP 1001 WILLOW STREET CHICO CA 95928 680387277 AFFORDABLE RENTAL HOUSING CA BUTTE CREEK HOUSING CORPORATION AND CHIP RELATED -35995 1275956 0 0 0.99990 LAKERIDGE CIRCLE LP 1001 WILLOW STREET CHICO CA 95928 882931961 AFFORDABLE RENTAL HOUSING CA LAKERIDGE CIRCLE LLC AND CHIP RELATED 0 0 1.00000 LINDEN HOUSING LP 1001 WILLOW STREET CHICO CA 95928 161732573 AFFORDABLE RENTAL HOUSING CA QUEEN ANN HOUSING CORPORATION AND CHIP RELATED -135995 3456053 0 0 0.99990 MAPLE PARK I LP 1001 WILLOW STREET CHICO CA 95928 453250847 AFFORDABLE RENTAL HOUSING CA CHICO HOMES INC RELATED 0 0 MAPLE PARK PHASE 2 LP 1001 WILLOW STREET CHICO CA 95928 472209176 AFFORDABLE RENTAL HOUSING CA MAPLE PARK PHASE 2 LLC RELATED -9 111853 0 1 0.00010 MURPHY COMMONS LP 1001 WILLOW STREET CHICO CA 95928 383711889 AFFORDABLE RENTAL HOUSING CA ELLISON II HOUSING CORPORATION RELATED 0 0 ORLAND HOUSING ASSOCIATES LP 1001 WILLOW STREET CHICO CA 95928 943362030 AFFORDABLE RENTAL HOUSING CA KATHY COURT HOUSING CORPORATION AND CHIP RELATED 48235 3432748 0 0 0.99990 PARADISE COMMUNITY VILLAGE LP 1001 WILLOW STREET CHICO CA 95928 453772247 AFFORDABLE RENTAL HOUSING CA PARADISE COMMUNITY VILLAGE I LLC RELATED -117021 4861590 0 1 0.00010 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0