2025-05-15T13:04:45-05:00 2024-06-30 943108253 NOVOGRADAC & COMPANY LLP 1435 N MCDOWELL BLVD SUITE 350 PETALUMA CA 94954 990 2023-07-01 943145270 EAST PALO ALTO COMMUNITY ALLIANCE AND NEIGHBORHOOD DEVELOPMENT ORG EAST 6504739838 2369 UNIVERSITY AVENUE EAST PALO ALTO CA 94303 DUANE BAY EXECUTIVE DIRECTOR 6504739838 2025-05-15 1 1 LANCE SMITH P00696626 4152236130 2023 2025-03-06 01:10:19Z DUANE BAY 2369 UNIVERSITY AVENUE EAST PALO ALTO CA 94303 4963881 0 X HTTPS://EPACANDO.ORG/ X 1989 CA TO PROMOTE COMMUNITY ECONOMIC DEVELOPMENT AND PROTECT RESIDENTS AGAINST ECONOMIC DISPLACEMENT THROUGH FINANCIAL COUNSELING, SERVICES FOR LOW-INCOME HOMEOWNERS, AND DEVELOPING PERMANENTLY AFFORDABLE HOUSING. 5 5 9 5 0 0 364098 2883078 7516044 1708638 46472 372080 0 85 7926614 4963881 0 96000 0 0 768107 802681 0 0 14950 407402 519811 1175509 1418492 6751105 3545389 13958713 18230794 1800192 2526884 12158521 15703910 X COMMUNITY DEVELOPMENT CORPORATION THAT PROMOTES COMMUNITY ECONOMIC DEVELOPMENT AND PROTECTS RESIDENTS AGAINST ECONOMIC DISPLACEMENT THROUGH FINANCIAL COUNSELING, SERVICES FOR LOW-INCOME HOMEOWNERS, AND DEVELOPING PERMANENTLY AFFORDABLE HOUSING. AT LEASE 1,000 INDIVIDUALS WERE SERVED. 0 0 1044260 96000 1708723 EPACANDO'S ENTIRE PROGRAM IS FOCUSED ON CREATING OR SUSTAINING HOUSING AND HOUSING AFFORDABILITY IN ONE FORM OR ANOTHER IN EAST PALO ALTO, CALIFORNIA. WE DEVELOP AND/OR MANAGE AFFORDABLE RENTAL HOUSING, ADMINISTER THE CITY'S AFFORDABLE HOME OWNERSHIP PROGRAM, AND PROVIDE COUNSELING, TECHNICAL ASSISTANCE AND ACCESS TO FINANCING TO LOW-INCOME HOMEOWNERS WHO DEVELOP ACCESSORY DWELLING UNITS ON THEIR PROPERTIES, WHICH IN TURN PROVIDES HOUSING THAT IS AFFORDABLE TO THEIR FAMILIES OR TENANTS. WE PROVIDE DIRECT SERVICES TO, OR SUSTAIN BENEFICIAL OPPROTUNITIES (SUCH AS AFFORDABLE HOUSING) FOR OVER 1,000 LOCAL HOUSEHOLDS. 1044260 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 21 0 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X BOOKKEEPER 6504739838 2369 UNIVERSITY AVENUE EAST PALO ALTO CA 94303 ANGAH MIESSI PRESIDENT 3.00 X X 0 0 0 KENIA NAJAR SECRETARY 3.00 X X 0 0 0 GEORGE HUNT TREASURER 3.00 X X 0 0 0 MARK MOULTON VICE PRESIDENT 3.00 X X 0 0 0 ANNA TURNER DIRECTOR 3.00 X 0 0 0 DUANE BAY EXECUTIVE DIRECTOR 40.00 X 119800 0 1631 119800 0 1631 1 0 0 0 0 2883078 2527177 2883078 DEVELOPER FEES 531390 1238942 1238942 RENTAL INCOME 531110 329372 329372 SERVICE REVENUE 531390 78709 78709 PARTNERSHIP MANAGEMENT 531390 33241 33241 INCENTIVE MANAGEMENT F 531390 27952 27952 422 422 1708638 75150 75150 296930 0 296930 296930 296930 OTHER INCOME 900099 85 85 85 4963881 1708723 0 372080 96000 96000 119800 77588 40078 2134 540577 350101 180851 9625 88334 56178 30837 1319 53970 33582 19444 944 41950 41950 20000 20000 26149 22104 3822 223 80297 80297 22476 9187 13051 238 PROPERTY MANAGEMENT 103556 90996 12560 DEPRECIATION 73355 72344 1011 CONTRACT SERVICES 57720 56423 1297 MISCELLANEOUS 36952 28510 8281 161 57356 50950 6100 306 1418492 1044260 359282 14950 1727684 465108 27212 1658278 627796 609562 35735 109328 22170 31012 5946575 601570 1908330 5345005 9609786 10012501 13958713 18230794 107469 161230 1668669 2335230 24054 30424 1800192 2526884 X 10934660 14539738 1223861 1164172 12158521 15703910 13958713 18230794 3545389 0 X 0 1 X 1 0 X 258920 256109 412533 403601 2883078 4214241 864015 1514829 564068 7516044 1708638 12167594 1122935 1770938 976601 7919645 4591716 16381835 5000 5000 635783 1186678 342663 6727159 1643740 10536023 635783 1191678 342663 6727159 1643740 10541023 5840812 11280 2306 59746 46472 75150 194954 11280 2306 59746 46472 75150 194954 1134215 1773244 1036347 7966117 4666866 16576789 0.35230 0.24010 0.01180 0.00990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 1 20000 20000 0 PART II-B, LINE 1: TO SUPPORT PASSAGE OF A BALLOT MEASURE TO SECURE A DEDICATED SOURCE OF FUNDING FOR THE CITY'S HOUSING PROGRAMS AND TO SUPPORT THE WORK OF THE CAMPAIGN COMMITTEE, RESIDENTS FOR A JUST EPA, BALLOT CAMPAIGN TO DEDICATE FUNDING TO AFFORDABLE HOUSING. 3301410 3301410 2257069 471797 1785272 322365 64054 258311 24154 24142 12 41577 41577 0 5345005 INVESTMENT IN LIGHT TREE THREE, L.P. 213889 C INVESTMENT IN LIGHT TREE TWO, L.P. 40 C INVESTMENT IN MP BAY ROAD ASSOCIATES, L.P. 75430 C INVESTMENT IN UNIVERSITY SENIOR APARTMENTS, L.P. 11710 C INVESTMENT IN NUGENT SQUARE PARTNERS II, L.P. 296907 C NOTES RECEIVABLE 1092727 C PROGRAMATIC LOANS RECEIVABLE 517200 C DEVELOPER FEE RECEIVABLE 7715595 C OTHER RELATED PARTY FEES RECEIVABLE 89003 C 10012501 SECURITY DEPOSITS PAYABLE 30424 30424 X 4987042 23161 23161 4963881 0 4963881 1441653 23161 23161 1418492 0 1418492 PART X, LINE 2: THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS AND FOUR YEARS, RESPECTIVELY, OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: DISCOUNTED IN-KIND CONTRIBUTIONS - RENT 13,739. IN-KIND CONTRIBUTION - LEGAL 9,422. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND EXPENSES - LEGAL 9,422. IN-KIND EXPENSES - RENT 13,739. 0 ENTERPRISE COMMUNITY PARTNERS PARTNERSHIP FOR BAYS FUTURE FELLOWSHIP PROGR 11000 BROKEN LAND PARKWAY COLUMBIA MD 210443541 521231931 0 96000 PRESERVING AFFORDABLE HOUSING LONGTERM; COMMUNITY LEGAL SERVICES IN EPA; YOU 1 X 1 2527177 APPRAISAL DATED 11/10/23 0 0 0 FORM 990, PART VI, SECTION A, LINE 7B MEMBERS OF THE BOARD OF DIRECTORS ARE INDEPENDENT. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS IS INVITED TO REVIEW THE FORM 990 AND ACCOMPANYING SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL MEETING AT WHICH MEMBERS ELECT BOARD MEMEBERS AND APPROVE DECISIONS MADE DURING THE YEAR OR PROPOSED FOR THE NEXT YEAR BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 MEMBERS OF THE BOARD FILE A FORM WITH THE ORGANIZATION ATTESTING TO NO CONFLICT OF INTEREST DUE TO MEMBERSHIP IN ANOTHER ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 MEMBERS OF THE PUBLIC WHO WISH A COPY OF THE GOVERNING DOCUMENTS OF THE ORGANIZATION MAY REQUEST SUCH BY EMAIL, FAX, PHONE OR IN PERSON. DOCUMENTS REQUESTED WILL BE SENT BY METHOD REQUESTED OR CAN BE PICKED UP AT THE COMPANY OFFICE. LIGHT TREE CANDO LLC 1805 EAST BAYSHORE ROAD EAST PALO ALTO CA 94303 231716750 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA -100 214499 EPA CAN DO BAY OAKS CANDO LLC 2400 GLORIA WAY EAST PALO ALTO CA 94303 237089977 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA -34 75396 EPA CAN DO NUGENT SQUARE CANDO LLC 2369 UNIVERSITY AVENUE EAST PALO ALTO CA 94541 000000000 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA -23 296907 EPA CAN DO LIGHT TREE TWO LP 1805 EAST BAYSHORE ROAD EAST PALO ALTO CA 94303 830638993 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA LIGHT TREE CANDO LLC RELATED -100 4862024 0 1 LIGHT TREE THREE LP 1805 EAST BAYSHORE ROAD EAST PALO ALTO CA 94303 231716750 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA LIGHT TREE CANDO LLC RELATED -72 11831299 0 1 MP BAY ROAD ASSOCIATES LP 2400 GLORIA WAY EAST PALO ALTO CA 94303 871852145 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA BAY OAKS CANDO LLC RELATED -34 491261 0 1 MP-CANDO WEEKS STREET ASSOCIATES LLC 303 VINTAGE PARK DRIVE SUITE 250 FOSTER CITY CA 94404 844201386 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA EPA CANDO RELATED 0 0 0.49000 MP-CANDO UNIVERSITY SENIOR HOUSING LLC 2358 UNIVERSITY AVENUE EAST PALO ALTO CA 94303 475414368 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA EPA CANDO RELATED 40979 140243 0 0 0.49000 NAIROBI HOUSING ASSOCIATES 600 CALIFORNIA STREET SUITE 900 SAN FRANCISCO CA 94108 943331004 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA EPA CANDO RELATED 5164 5462422 0 0 0.49950 NUGENT SQUARE LLC 2369 UNIVERSITY AVENUE EAST PALO ALTO CA 94303 884162270 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA EPA CANDO RELATED 0 0 0.50000 UNIVERSITY SENIOR APARTMENTS LP 303 VINTAGE PARK DRIVE SUITE 250 FOSTER CITY CA 94404 475414368 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA N/A 0 0 NUGENT SQUARE PARTNERS II LP 22645 GRAND STREET HAYWARD CA 94541 884162270 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA NUGENT SQUARE CANDO LLC RELATED -11 1688263 0 1 MP 965 WEEKS STREET ASSOCIATES LP 303 VINTAGE PARK DRIVE SUITE 250 FOSTER CITY CA 94404 844014654 TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 LIGHT TREE TWO LP L 421300 CASH LIGHT TREE THREE LP L 131761 CASH MP BAY ROAD ASSOCIATES LP L 476641 CASH 965 WEEKS STREET ASSOCIATES LP L 167800 CASH