2025-05-13T03:36:15-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 707 WILSHIRE BLVD STE 4950 LOS ANGELES CA 90017 990 2023-07-01 954536619 ERAS HOME II ERAS 3102043300 5350 MACHADO ROAD CULVER CITY CA 90230 VERONICA ARTEAGA PRESIDENT & CEO 3102043300 2025-05-12 1 1 JOLANTA TUCK P01340068 3108439700 2025-05-09 2023 2025-03-06 01:10:19Z VERONICA ARTEAGA 5350 MACHADO ROAD CULVER CITY CA 90230 29712 0 X N/A X 1995 CA PROVIDING A GROUP HOME FOR THE DEVELOPMENTALLY DISABLED POPULATION. 5 5 0 5 0 0 21014 18552 8728 11160 0 0 0 0 29742 29712 0 0 0 0 0 0 0 0 0 89346 90815 89346 90815 -59604 -61103 363274 358985 702482 759296 -339208 -400311 PROVIDING A GROUP HOME FOR THE DEVELOPMENTALLY DISABLED POPULATION. 0 0 85230 11160 GROUP HOME FOR THE DEVELOPMENTALLY DISABLED POPULATION. THE BUILDING CONTAINS 6 BEDS LOCATED IN CULVER CITY, CALIFORNIA. PROGRAMS ARE REGULATED BY HOUSING AND URBAN DEVELOPMENT DEPARTMENT (HUD) AS TO RENT CHARGED AND OPERATING METHODS. PROGRAMS ARE DESIGNED TO TEACH INDEPENDENT LIVING SKILLS. 85230 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X SONHUI ROBILOTTA 3102043300 5350 MACHADO ROAD CULVER CITY CA 90230 LESLIE B ABELL ESQ CHAIR 1.00 2.00 X X 0 0 0 SHELLY I SMITH ESQ VICE CHAIRPERSON 1.00 4.00 X X 0 0 0 ANIL RANAVAT SECOND VICE CHAIRPERSON 1.00 3.00 X X 0 0 0 LEONARD WASHINGTON SECRETARY 1.00 2.00 X X 0 0 0 STEVEN P BELTRAN ESQ TREASURER 1.00 2.00 X X 0 0 0 SONHUI ROBILOTTA CHIEF FINANCIAL OFFICER 1.00 42.00 X 0 200301 2109 VERONICA ARTEAGA PRESIDENT/CEO 1.00 42.00 X 0 330898 8820 0 531199 10929 0 0 1 0 0 18552 18552 TENANT RENTAL INCOME 531110 11160 11160 11160 29712 11160 0 0 X 3600 3600 5585 5585 34167 34167 142 142 40307 40307 6165 6165 STAFF DEVELOPMENT 150 150 699 699 90815 85230 5585 0 16 421056 82586 344635 338470 18639 20499 363274 358985 93 1564 1564 404900 404900 295925 352832 702482 759296 X -339208 -400311 -339208 -400311 363274 358985 -61103 0 X 0 1 X 1 1 1 X 16974 17064 16734 21014 18552 90338 16974 17064 16734 21014 18552 90338 90338 90338 80536 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 297547 297547 108895 74142 34753 14614 8444 6170 338470 SECURITY DEPOSITS 1564 REPLACEMENT RESERVES 18935 20499 DUE TO RELATED PARTY 352832 352832 X PART IV, LINE 2B: THE ESCROW LIABILITY AMOUNTS ON FORM 990, PART X, LINE 21 CONSIST OF TENANT SECURITY DEPOSITS. THE CORPORATION HAS A POLICY TO COLLECT SECURITY DEPOSITS OF UP TO ONE MONTH'S RENT FROM TENANTS. THE SECURITY DEPOSITS CAN BE USED TO PAY FOR DAMAGES CAUSED BY THE TENANT OR USED AGAINST UNPAID RECEIVABLES. PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2024. THE FEDERAL INFORMATIONAL TAX RETURNS OF EXCEPTIONAL CHILDREN'S FOUNDATION, VALVERDE, INC., AND ERAS HOME II FOR TAX YEAR ENDED JUNE 30, 2021, AND SUBSEQUENT, REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE RETURNS FOR CALIFORNIA, THE ONLY STATE TAX JURISDICTION, REMAIN SUBJECT TO EXAMINATION BY THE CALIFORNIA FRANCHISE TAX BOARD FOR TAX YEAR ENDED JUNE 30, 2020, AND SUBSEQUENT. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. 0 0 0 0 0 0 0 0 0 VERONICA ARTEAGA PRESIDENT/CEO 0 299398 0 31500 0 0 0 3465 0 5355 0 339718 0 0 SONHUI ROBILOTTA CHIEF FINANCIAL OFFICER 0 200301 0 0 0 0 0 2014 0 95 0 202410 0 0 FORM 990, SCHEDULE J, PART II, LINE 3: THE PRESIDENT OF THIS ORGANIZATION, ERAS HOME II, IS ALSO THE PRESIDENT OF EXCEPTIONAL CHILDREN'S FOUNDATION, A RELATED ORGANIZATION. EXCEPTIONAL CHILDREN'S FOUNDATION HAS AN EXECUTIVE COMMITTEE OF ITS BOARD OF DIRECTORS, INDEPENDENT OF MANAGEMENT, WHICH OBTAINS COMPARATIVE COMPENSATION INFORMATION, REVIEWS AND APPROVES THE COMPENSATION OF THE PRESIDENT AND CEO, AND DOCUMENTS THE RESULTS IN A WRITTEN EMPLOYMENT CONTRACTS AND IN WRITTEN MEETING SUMMARIES. FORM 990, PART VI, SECTION A, LINE 3 ERAS HOME II PAYS ITS SPONSORING ORGANIZATION, EXCEPTIONAL CHILDREN'S FOUNDATION, A MONTHLY MANAGEMENT FEE OF $300, WHICH IS REVIEWED AND APPROVED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY AN OUTSIDE CONSULTANT, MANAGEMENT, AND THE BUDGET AND FINANCE COMMITTEE OF EXCEPTIONAL CHILDREN'S FOUNDATION. A COPY OF THE FINAL FORM 990 IS THEN SENT ELECTRONICALLY TO ALL BOARD MEMBERS PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY HAS BEEN APPROVED BY THE BOARD OF DIRECTORS. A CONFLICT OF INTEREST DISCLOSURE STATEMENT INCLUDING A LIST OF MAJOR VENDORS WITH WHOM THE FOUNDATION TRANSACTED BUSINESS DURING THE PREVIOUS YEAR IS FURNISHED ANNUALLY TO EACH DIRECTOR, OFFICER, AND MEMBER OF THE EXECUTIVE STAFF OF THE ORGANIZATION. THE FORMS ARE REVIEWED AND SIGNED BY EACH MEMBER WITH ANY CONFLICTS NOTED AND RETURNED TO THE STAFF MEMBER WHO HANDLES BOARD AFFAIRS. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 33,684. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,684. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 483. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 483. EXCEPTIONAL CHILDREN'S FOUNDATION 5350 MACHADO ROAD CULVER CITY CA 90230 951690988 SERVES DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 7 N/A 0 VALVERDE INC 5350 MACHADO ROAD CULVER CITY CA 90230 953882838 GROUP HOME FOR DEVELOPMENTALLY DISABLED CA 501(C)(3) LINE 10 EXCEPTIONAL CHILDREN'S FOUNDATION 0 FRIENDS OF EXCEPTIONAL CHILDREN'S FOUNDATION 5350 MACHADO ROAD CULVER CITY CA 90230 811037762 SUPPORT CHARITABLE PURPOSES OF EXCEPTIONAL CHILDREN'S FOUNDATION CA 501(C)(3) LINE 12B, II EXCEPTIONAL CHILDREN'S FOUNDATION 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0