2025-10-08T13:11:37-07:00 2024-12-31 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2024-01-01 330578620 LINC HOUSING CORPORATION LINC 5626841100 3590 ELM AVENUE LONG BEACH CA 90807 Erik Svensson CFO 2025-10-08 true true CHERI L BOGGELN P00854324 7143747434 2024 2025-03-06 01:10:19Z 3590 ELM AVENUE LONG BEACH CA 90807 55458884 false X LINCHOUSING.ORG X 1993 CA LINC HOUSING CORPORATION IS A NONPROFIT ORGANIZATION THAT BUILDS, OWNS AND OPERATES AFFORDABLE HOUSING FOR SENIORS AND FAMILIES THROUGHOUT CALIFORNIA. LINC ALSO OFFERS ITS RESIDENTS LIFE-ENHANCING SERVICES THROUGH THE LINC CARES PROGRAM. 14 14 152 29 0 5021238 24652845 13739049 16618801 994069 13712241 -14599 -52291 19739757 54931596 15000 40000 0 12377418 13006090 0 845035 11320988 8712144 23713406 21758234 -3973649 33173362 234573114 305871736 132682373 169520572 101890741 136351164 LINCs purpose, as specified in its bylaws is, directly or indirectly, to create, own, operate, manage, provide assistance to or procure low and moderate cost housing with or without supportive social services or assistance with the tasks of daily living, to lessen the burdens of government, and to combat community deterioration. false false 9723377 11542282 LINC Housing Corporation is a nonprofit organization that builds, owns and operates affordable housing for seniors and families throughout California. LINC is committed to creating and preserving housing that is affordable, environmentally sustainable, and a catalyst for community improvement. 4276530 5076519 LINC HOUSING CORPORATION offers its residents life-enhancing services through the LINC Cares program. 13999907 true true false true false false false false false true true false true true true true false true false false false false false false true false false true false true false false false false false false false false true false false false true true true true false false true 52 0 true 152 true false false false false false true true false 0 false false false false false false false X 14 14 false false false false false false false true true false true true true true true true true true true true true true CA X X DONIELLE NICHOLS 5626841100 3590 ELM AVENUE LONG BEACH CA 90807 REBECCA F CLARK CEO 36.00 0.00 X 512339 0 43809 SUNY CHANG President & COO 36.00 0.00 X 477746 0 50685 BENJAMIN WINTER exe vice pres 36.00 0.00 X 275415 0 44007 MARY MOORE strategic adv 36.00 0.00 X 288509 0 21534 ANDERS PLETT SVP of dev 36.00 0.00 X 252921 0 34805 JAMES AlIBERTI svp 36.00 0.00 X 235433 0 38531 Cecilia Ngo svp of hsg dev 36.00 0.00 X 228087 0 43996 RUTH SMITH VP OF HR 36.00 0.00 226737 0 27781 DONIELLE NICHOLS VP OF FINANCE 36.00 0.00 X 212457 0 26821 MARIA MARQUEZ-BROOKS VP of Resident Services 36.00 0.00 191519 0 31509 William Sager Senior 36.00 0.00 179025 0 29610 Frank Chang VP of Acquisitions 36.00 0.00 186366 0 20938 JORDAN FREEDMAN SR PROJECT MRG 36.00 0.00 171135 0 29378 JHONA TRAINA Controller 36.00 0.00 174203 0 15104 IAN SIMPSON Director, Ass Mana 36.00 0.00 161122 0 19748 Erik Svensson CFO 36.00 0.00 X 136242 0 6964 EILEEN K DOOLEY VP OF CORP DEV 36.00 0.00 X 103164 0 9919 Marco Ramirez VP of Impact and Strategic 36.00 0.00 96512 0 7259 Terri Mosqueda Director 1.00 0.00 X 0 0 0 JILL MCCULLOUGH Director 1.00 0.00 X 0 0 0 BART MCENTIRE Director 1.00 0.00 X 0 0 0 JOHN GIVEN Director 1.00 0.00 X 0 0 0 CATHY ROONEY Director 1.00 0.00 X 0 0 0 RYAN CALLAHAN Director 1.00 0.00 X 0 0 0 JEFF LEE Chairman & dir 1.00 0.00 X X 0 0 0 WENDY JAQUEMIN Secretary 1.00 0.00 X X 0 0 0 EVERETT ORRICK Vice Chair 1.00 0.00 X X 0 0 0 AMBER SCOTT Director 1.00 0.00 X 0 0 0 SCOTT ANDERSON Treasurer 1.00 0.00 X X 0 0 0 Bonnie Lowenthal Director 1.00 0.00 X 0 0 0 Ruby Bolaria Shifrin Director 1.00 0.00 X 0 0 0 JAY PRAG chairman & dir 1.00 0.00 X X 0 0 0 4108932 502398 17 false true false RDC-S111 Inc PO Box 22027 Long Beach CA 908015027 cONSTRUCTION 299148 Torti Gallas and Partners Inc 1300 Spring Street 4th Floor Silver Spring MD 20910 construction 250643 Holthouse Carlin & Van Trigt LLP 1801 W Olympic Blvd File 1404 Pasadena CA 91199 accounting 384646 Prefab Logistics LLC 16376 Star Road Ste 200 nampa ID 83687 construction 527342 D33 Design & Planning Inc 31866 Camino Capistrano San Juan Capistrano CA 92675 construction 331400 5 497401 569881 16633892 6951671 57199 24652845 DEVELOPER FEES 531390 5311390 5311390 PARTNERSHIP MGT FEES 531390 1313698 1313698 PROJECT INTEREST INCOME 531390 1594232 1594232 RENTAL INCOME 531110 2362892 2362892 RESIDENT SERVICE FEES 531390 5076519 5076519 960070 960070 16618801 591425 591425 0 0 0 13513213 392397 13120816 13120816 13513213 -392397 82600 497401 134891 -52291 0 0 0 54931596 30132014 199028 40000 40000 0 0 0 3624699 2374251 1097811 152637 0 7093200 4175640 2563156 354404 291614 170969 107182 13463 1180763 692265 433988 54510 815814 534375 247085 34354 0 0 407210 21272 363914 22024 0 0 0 924447 871693 52754 47743 41 47702 299493 220805 78688 659156 355996 276949 26211 0 410303 402527 7776 121522 72656 46416 2450 0 21235 214 20937 84 322885 161399 161486 0 0 0 RENTAL EXPENSES FROM K-1 3370022 3370022 HIRING/TRAINING/MANUAL 495845 126280 369565 BAD DEBT 342755 342755 REPAIRS AND MAINTENANCE 167370 167079 188 103 1122158 771361 266458 84339 21758234 13999907 6913292 845035 9006161 14284782 5142352 3680342 0 1764064 2138265 0 0 71643857 81522026 0 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false 28000 false false Part II-B, Line 1i - Other Activities Description part II-B, LINE 1AHeld one phone bank with 15 volunteers. part II-B, LINE 1DDigital support letters to legislators: Sign-On: PBV Cap Flexibility Sign-On: HCD Service Cap Letter Sign-On: Budget letter to CA Legislature advocating for funding programsSupport letters and emails to legislative staff for California AB 1657, AB 1932, and SB 393Support letter to LA County Board of Supervisors for creation of new LA County Homelessness Deptpart II-B, LINE 1FMonetary contributions of $25,000 to LA County Measure A Campaign and $3,000 to State Prop 5 Campaign.PART II-B, LINE 1GMeeting with staff from Office of CA Asm Lowenthal about development in the district in May 2024Roundtable with CA Asm Wicks on topic of housing in Sept 2024Property tour with US Representative Linda Sanchez in Oct 2024 Part IV - Additional Information 350000 250000 1509 601509 350000 350000 350000 350000 350000 350000 350000 350000 true false false 3119747 3119747 15312541 451314 14861227 285032 226222 58810 18039784 127516380 CONSTRUCTION IN PROGRESS 42260496 OPERATING RESERVE 80397 RELATED PARTY FEE RECEIVABLE 14428419 56769312 DEVELOPER FEE PAYABLE 323000 RECOURSE DEBT FROM K-1 85059810 85382810 X Part V, Line 4: Intended uses of the endowment fund. The fund is managed by Long Beach Community FOundation (LBCF) and California Community Foundation (CCF). The funds shall be operarated as an endowment fund subjected to the spending policy of LBCF and CCF. The objectives of the Fund are to create growth while enabling an annual draw down. LBCF's mission is to initiate positive change for Long Beach through charitiable giving, stewardship, and strategic grantmaking. As a key player in the CIty of Long Beach where LINC's offices have been located for decades, there are many benefits of partnership with LBCF in general and becoming a fund holder specifically.LBCF is well connected with local leaders, philanthropic intiatives, and weathy donors in Long Beach area. Having an account gives LINC visibility with these connections. WHen LINC establishes an LBCF account, the foundation will introduce LINC to their donors at new fund holder events. LBCF will also share LINC's events, news, fundraisers, volunteer opportunities, etc. with their network so social media and beyond and direct donors to LINC as a giving option for the donor advised funds. LBCF initiatives provide visibility to the wider Long Beach community for nonprofits. A relationship wioth LBCF also provides LINC with personal introductions to important players in Long Beach for local business opportunities for housing and community development as LINC works to "go deep" in this communities.CCF mission is to invest in, partner in, and amplify the power of community toward a good life. CCF enables partnerships, investments and champion advocacy for reforms that multiply impact for communities. Recognizing that community members are their own best advocates, they connect those who need support with those committed to driving progress. Part X : FIN48 Footnote PART X,LINE 2: LINC HOUSING CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS EXEMPT FROM STATE INCOME TAXES UNDER THE COMPARABLE STATE TAX CODE, AS CHARITABLE ORGANIZATIONS WHEREBY ONLY UNRELATED INCOME, AS DEFINED BY SECTION 512(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. BOTH ENTITIES FILE AN EXEMPT ORGANIZATION RETURN IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE GUIDANCE PRESCRIBES RECOGNITION THRESHOLD PRINCIPLES FOR FINANICAL STATEMENT RECOGNITION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. NO LIABILITY HAS BEEN RECOGNIZED BY THE ORGANIZATION FOR UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. false LINC 40TH ANNUAL GALA 580001 497401 82600 100120 6750 28021 580001 497401 82600 100120 6750 28021 134891 -52291 true CALIFORNIA HOUSING CONSORTIUM 30141 AGOURA ROAD SUITE 205 AgOURA HILLS CA 91301 954707857 15000 0 TO FURTHER LOW INCOME HOUSING Experts United for Homelessne 777 S Fiqueroa St Ste 405 Los Angeles CA 90017 934121026 15000 0 TO FURTHER LOW INCOME HOUSING Neighbors for Aff Hsg and hom 777 S Fiqueroa St Ste 405 Los Angeles CA 90017 934621319 10000 0 TO FURTHER LOW INCOME HOUSING 2 1 Grantmaker's Description of How Grants are Used THE GRANTS WERE MADE TO OTHER 501 (C)(3) ORGANIZATIONS WHICH EXEMPT PURPOSE IS TO FURTHER THE CAUSE OF AFFORDABLE HOUSING FOR LOW-INCOME PERSONS. The organization reviews the financial statements of the recipient organization to ensure that the funds are used for their intended purpose. X X X X X false false false false false false false false false ANDERS PLETT SVP of dev 213285 34236 5400 10363 24442 287726 BENJAMIN WINTER exe vice pres 224822 45193 5400 11016 32991 319422 Cecilia Ngo svp of hsg dev 187482 40605 9218 34778 272083 DONIELLE NICHOLS VP OF FINANCE 185061 27396 8972 17849 239278 Frank Chang VP of Acquisitions 132097 51819 2450 4822 16116 207304 IAN SIMPSON Director, Ass Mana 140662 20460 6264 13484 180870 JAMES AlIBERTI svp 207733 27700 9546 28985 273964 JHONA TRAINA Controller 116130 58073 7018 8086 189307 JORDAN FREEDMAN SR PROJECT MRG 138555 32580 6731 22647 200513 MARIA MARQUEZ-BROOKS VP of Resident Services 167909 23610 7762 23747 223028 MARY MOORE strategic adv 243913 44596 10767 10767 310043 REBECCA F CLARK CEO 388873 118066 5400 13800 30009 556148 RUTH SMITH VP OF HR 186630 40107 9162 18619 254518 SUNY CHANG President & COO 346604 125742 5400 13800 36885 528431 William Sager Senior 159434 19591 7161 22449 208635 694 FMV 5134 FMV 2 250 FMV 32 18038 FMV X TABLETS 1 12000 FMV ticket events 30 12021 FMV gift cards 15 2062 FMV electronics 3 7000 FMV false false false Form 990, Part VI, Section B, Line 11b The form 990 is reviewed and approved by the President & CEO prior to filing. Form 990, Part VI, Section B, Line 12c ALL Officers, DIRECTORS, COMMITTEE MEMBERS AND STAFF MUST COMPLY with the conflict of interest policy included in THE company'S employee's Handbook. IN ADDITION, the conflict of interest policy is included in the COMPANY'S "guiding principles of board service" which EACH board MEMBER is required to ADHERE TO. Form 990, Part VI, Section B, Line 15b Every three years a compensation salary survey is completed based on salary surveys prepared by an outside consulting firm. All proposed compensation for each position is presented first to the Operations Committee for their recommendation and then to the entire board of directors for approval. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AND PROVIDES THEM TO THE PUBLIC UPON WRITTEN REQUEST. Form 990, Part XI, Line 9 INCREASE DUE TO BOOKING WHOLLY OWNED PARTNERSHIPS = $1308691 Form 990, Part XI, Line 9 INCREASE DUE TO INV IN K-1s, SEE SCH O = -$21630 CHANGE IN FUND BALANCE THE TAX RETURN HAS BEEN PREPARED TO INCLUDE LINC HOUSING CORPORATION'S ACTIVITIES PLUS THEIR INVESTMENT IN PARTNERSHIPS PER THEIR 2024 K-1S SO THAT THE PARTNERSHIP ACTIVITY CORRECTLY REFLECTS THE ORGANIZATION'S PERCENTAGE INTEREST IN THE PARTNERSHIPS. THE SCHEDULE K-1 ITEMS OF INCOME AND EXPENSE ARE ON TAX BASIS AND THE AUDIT IS ON GAAP BASIS, THERE IS AN ADJUSTMENT TO CORRECT FUND BALANCE DUE TO TAX AND GAAP DIFFERENCES FROM THE ORGANIZATION'S PARTNERSHIP INVESTMENTS AS FOLLOWS:BEGINNING FUND BALANCE $ 101,890,741.CURRENT YEAR NET INCOME $ 33,173,362.INCREASE/(DECREASE) DUE TO GAAP/TAX DIFFERENCES FROM WHOLLY OWNED PARTNERSHIP FUND BAL $ 1,308,691. INVESTMENT IN PARTNERSHIPS PER K-1s $ -21,630. ENDING FUND BALANCE $ 136,351,164. 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