2025-11-14T09:18:06-06:00 2024-12-31 330850406 REDWITZ INC 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 990 2024-01-01 330829212 CARITAS AFFORDABLE HOUSING INC CARI 9497270568 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 JENNIFER RIVA VP OF FINANCE 9497531514 2025-11-14 1 0 ROBERT R REDWITZ CPA P01447663 9497531514 2025-11-14 2024 2025-03-06 01:10:19Z JENNIFER RIVA 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 16315578 0 X WWW.CARITASCORP.ORG X 1998 CA ASSIST LOCAL GOVERNMENTS BY PROVIDING AFFORDABLE HOUSING. 7 6 0 7 0 0 28031 17044 14341472 14755997 340309 475510 39709 1067027 14749521 16315578 0 0 0 0 1244397 1295826 0 0 0 11631272 11736368 12875669 13032194 1873852 3283384 84281120 99705611 84644153 96785260 -363033 2920351 X CARITAS AFFORDABLE HOUSING, INC. IS A NONPROFIT ORGANIZATION WHOSE GOAL IS TO PROVIDE AND MAINTAIN QUALITY, AFFORDABLE HOUSING THROUGH THE ACQUISTION OF MOBILE HOME PARKS. WITH THE INCREASING NUMBER OF HOUSEHOLDS ON FIXED OR LIMITED INCOMES AND WITH THE SCARCITY OF RELIABLE, LONG-TERM, REASONABLY PRICED HOUSING, CARITAS ENDEAVORS TO CREATE VIBRANT COMMUNITIES WHERE QUALITY OF LIFE, RESIDENT INVOLVEMENT, AND CARING ARE PRIORITIES. 0 0 12776889 15823024 EXEMPT PURPOSE ACHIEVEMENTS OF CARITAS AFFORDABLE HOUSING, INC. INCLUDE THE OWNERSHIP AND OPERATION OF NINE AFFORDABLE HOUSING PROJECTS LOCATED IN THE CALIFORNIA CITIES OF BREA, LANCASTER, ROHNERT PARK, VISTA, YUCCA VALLEY AND NORTH LAKEPORT, WHICH HAVE AN UNFULFILLED STATUTORY OBLIGATION TO PROVIDE AFFORDABLE HOUSING. THERE ARE A TOTAL OF 100 MOBILE HOME SPACES AVAILABLE FOR RENT IN THE CITY OF BREA, 852 SPACES AVAILABLE FOR RENT IN LANCASTER, 285 SPACES AVAILABLE FOR RENT IN ROHNERT PARK, 266 SPACES AVAILABLE FOR RENT IN VISTA, 164 SPACES AVAILABLE FOR RENT IN THE CITY OF YUCCA VALLEY AND 67 SPACES AVAILABLE FOR RENT IN THE CITY OF NORTH LAKEPORT. THE CORPORATION IS UNDER THE DIRECTION OF THE CARITAS CORPORATION, THE ASSISTANCE CORPORATION (AN EXEMPT ORGANIZATION). 12776889 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 33 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X X JENNIFER RIVA CPA 9497531514 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 THERESE BEJOTTE CHIEF OPERATING OFFICER 1.00 40.00 X 0 237916 18203 PENNY SERNA CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 163582 9695 GABE CHAVEZ VP OF DEVELOPMENT 1.00 40.00 X 0 148992 2128 JOHN WOOLLEY CHIEF INVESTMENT OFFICER 1.00 40.00 X 0 137249 220 SAMANTHA MCCULLAGH CHIEF MISSION OFFICER 1.00 40.00 X 0 110047 1372 ROBERT R REDWITZ CEO & CHAIRMAN OF BOARD 1.00 8.00 X X 0 0 0 CAROL MCDERMOTT BOARD MEMBER 1.00 X 0 0 0 CHRISTINE DUNFEY CO-CHAIR & BOARD MEMBER 1.00 X 0 0 0 TIM CANNON SECRETARY & BOARD MEMBER 1.00 X 0 0 0 ROBERT THIERGARTNER BOARD MEMBER 1.00 X 0 0 0 TOM REDWITZ BOARD MEMBER 1.00 X 0 0 0 JENNIFER E RIVA VP OF FINANCE 1.00 2.00 X 0 0 0 0 797786 31618 0 0 1 0 BIRTCHER ANDERSON 31920 DEL OBISPO ROAD 260 SAN JUAN CAPISTRANO CA 92675 PROPERTY MANAGEMENT 518113 1 17044 17044 RENTS 531310 11977763 11977763 UTILITIES, LAUNDRY ETC 531390 2778234 2778234 14755997 475510 475510 EXTINGUISH OF DEBT 900099 899286 899286 MOBLIE HOME SALES 900099 167741 167741 1067027 16315578 15823024 0 475510 933763 933763 243608 243608 118455 118455 768112 512807 255305 187704 187704 51662 51662 35263 35263 50607 50607 8537893 8537893 2791 2791 17906 17906 1671479 1671479 CONSULTING 126506 126506 OUTSIDE SERVICES 99110 99110 BOND FEES 84108 84108 LICENSES & FEES 76749 76749 26478 26478 13032194 12776889 255305 0 773361 824150 23386 25972 70027 54893 49204 180802 83718964 24171098 59618235 59547866 1526740 2126400 22220167 36945528 84281120 99705611 1920364 1697159 79415000 88640000 3308789 6448101 84644153 96785260 X -1660482 1720351 1297449 1200000 -363033 2920351 84281120 99705611 3283384 0 X 0 1 X 1 0 X 34189 35986 73657 28031 17044 188907 13304621 13402360 13791932 14372976 15823022 70694911 13338810 13438346 13865589 14401007 15840066 70883818 0 0 0 70883818 173999 171059 177927 340309 475510 1338804 173999 171059 177927 340309 475510 1338804 13512809 13609405 14043516 14741316 16315576 72222622 0.98150 0.98450 0.01850 0.01550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37917430 37917430 41672659 21313327 20359332 3143225 2062602 1080623 985650 795169 190481 59547866 CONSTRUCTION IN PROGRESS 287597 RESTRICTED CASH 23087093 ASSETS HELD FOR SALE 15091 DUE FROM AFFILIATE 13555747 36945528 SECURITY DEPOSITS 346898 BOND PREMIUMS 6101203 6448101 X PART X, LINE 2: THE FOLLOWING IS DISCLOSED IN THE FOOTNOTES TO THE AUDITED FINANCIAL STATEMENTS: GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE CORPORATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. 0 0 0 0 0 0 0 0 0 THERESE BEJOTTE CHIEF OPERATING OFFICER 0 237916 0 0 0 0 0 3304 0 14898 0 256118 0 0 PENNY SERNA CHIEF FINANCIAL OFFICER 0 163582 0 0 0 0 0 2337 0 7358 0 173277 0 0 GABE CHAVEZ VP OF DEVELOPMENT 0 148992 0 0 0 0 0 2128 0 0 0 151120 0 0 A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SBE3 2014-06-05 87984775 MOBILE HOME PARK PURCHASE 1 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13049SGDO 2024-09-11 94799869 REFUND 2014 BONDS AND MOBILE HOME PARK IMPROVEMENTS 0 0 0 A 5940000 83193288 89133288 1355532 65161272 744728 20833819 1037937 2014 1 0 1 1 B 94799869 5374500 72899201 177140 14385000 1974028 2024 1 0 1 1 A 0 0 0 0 1 0 0 B 0 0 0 0 1 0 0 A 1 1 0 NA 0 0 1 NATIXIS FUNDING CORP 30.000000000000 1 0 1 B 0 1 0 1 1 0 1 MASSACHUSETTS MUTUAL LIFE 10.000000000000 1 0 1 A 1 B 1 REDWITZ INC ACCOUNTING SERVICES 0 ACCOUNTING AND MANAGEMENT SERVICES ARE PROVIDED BY REDWITZ INC. TWO OF THE OWNERS OF REDWITZ, INC. ARE OFFICERS OF CARITAS; MR. ROBERT REDWITZ IS CEO/CHAIRMAN OF THE BOARD, AND MS. JENNIFER RIVA IS VP OF FINANCE. 0 THE GDR GROUP INC TECHNOLOGY SERVICES 33251 TECHNOLOGY SERVICES ARE PROVIDED TO CARITAS BY THE GDR GROUP, INC. ("GDR"). THE GDR GROUP, INC. IS A WHOLLY OWNED SUBSIDIARY OF REDWITZ, INC. 0 ROBERT R REDWITZ CEO/BOARD CHAIRMAN 0 IN ADDITION TO BEING CEO AND CHAIRMAN OF THE BOARD, MR. REDWITZ IS AN OWNER OF REDWITZ, INC., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 JENNIFER E RIVA VP OF FINANACE 0 MS. RIVA IS AN OWNER OF REDWITZ, INC., THE FIRM PROVIDING ACCOUNTING AND MANAGEMENT SERVICES TO CARITAS. 0 PARTNERS BANK BANKING SERVICES 295 BANKING FEES PAID BY CARITAS' MOBILE HOME PARKS; ONE OF THE SHAREHOLDERS OF PARTNERS BANK IS MR. ROBERT REDWITZ, THE CEO/CHAIRMAN OF THE BOARD OF CARITAS. 0 BIRTCHER ANDERSON PROPERTY MANAGEMENT SERVICES 518113 BIRTCHER ANDERSON PROVIDES PROPERTY MANAGEMENT SERVICES; ONE OF THE OWNERS OF BIRTCHER ANDERSON, BOB THIERGARTNER, IS A BOARD MEMBER OF CARITAS. 0 FORM 990, PART VI, SECTION A, LINE 2 TOM REDWITZ IS A BOARD MEMBER AND BROTHERS WITH ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD). TOM PROVIDES CONSULTING SERVICES FOR CONSTRUCTION PROJECTS FOR THE ORGANIZATION. ROBERT R. REDWITZ (CEO & CHAIRMAN OF THE BOARD) AND JENNIFER E. RIVA (CFO) ARE BOTH OWNERS OF THE ACCOUNTING FIRM (REDWITZ, INC.) THAT MANAGES THE OPERATIONS AND FINANCES OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 BIRTCHER ANDERSON & DAVIS ASSOCIATES, INC. HAS BEEN THE PROPERTY MANAGEMENT FIRM FOR CARITAS AFFORDABLE HOUSING, INC. SINCE NOVEMBER 2009. THEIR DUTIES INCLUDE MANAGING ON-SITE MOBILE HOME PARK EMPLOYEES, RESPONDING TO RESIDENT QUESTIONS/CONCERNS, MANAGING REPAIR AND MAINTENANCE PROJECTS, COLLECTION OF RENTS, RECORDING ACCOUNTING TRANSACTIONS, AND MONITORING COMPLIANCE WITH MOBILE HOME PARK RULES AND REGULATIONS. THE PROPERTY MANAGEMENT FEE IS 3.5% OF GROSS COLLECTIONS AND HAS REMAINED CONSISTENT. MANAGEMENT FEES FOR THE YEAR ENDED DECEMBER 31, 2024 WAS $518,113. ROBERT THIERGARTNER IS A BOARD MEMBER OF THE CARITAS AFFORDABLE HOUSING, INC. AND HAS A NON-CONTROLLING 32% INTEREST IN BIRTCHER ANDERSON & DAVIS ASSOCIATES, INC.. HE WAS COMPENSATED BY BIRTCHER ANDERSON & DAVIS ASSOCIATES, INC. DURING THE YEAR HOWEVER, ALL COMPENSATION WAS FOR NON-CARITAS RELATED MATTERS. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT WAS PROVIDED TO THE BOARD OF DIRECTORS BY EMAIL. ONCE THE BOARD HAD REVIEWED AND APPROVED THE FORM 990, A FINAL COPY WAS FILED WITH THE APPROPRIATE AGENCIES. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED AND MONITORED AT BOARD MEETINGS FORM 990, PART VI, SECTION B, LINE 15A DURING 2009, THE BOARD OF DIRECTORS INITIATED, IN COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY, A FORMAL MARKET COMPETITIVE STUDY TO DETERMINE THE REASONABLE COMPENSATION FOR ITS OFFICERS WHO WERE ALSO A DIRECTOR. THIS STUDY WAS DONE BY OUTSIDE LEGAL COUNSEL AND RESULTED IN A COMPREHENSIVE COMPENSATION AGREEMENT THAT WAS DEEMED INDEPENDENT, COMPETITIVE AND MARKET-DRIVEN BY THE INDEPENDENT DIRECTORS ON THE BOARD. THE COMPENSATION AGREEMENT WAS FORMALLY APPROVED AND EXECUTED BY THE INDEPENDENT DIRECTORS IN SEPTEMBER 2010 AND IS IN EFFECT UNTIL TERMINATED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC THERESE BEJOTTE - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. JOHN WOOLLEY - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. PENNY SERNA - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. SAMANTHA MCCULLAGH - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. GABE CHAVEZ - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. ROBERT R REDWITZ - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. CAROL MCDERMOTT - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. ROBERT THIERGARTNER - 31910 DEL OBISPO ST, SAN JUAN CAPISTRANO, CA 92675. TOM REDWITZ - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. CHRISTINE DUNFEY - 3 PARK PLAZA, SUITE 1700, IRVINE, CA 92614. TIM CANNON - 1861 E. MIRALOMA AVE, PLACENTIA, CA 92870. JENNIFER E RIVA - 1 ALMADEN BLVD #750, SAN JOSE, CA 95113. THE CARITAS CORPORATION 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 330694603 SUPPORT ORG & PROVIDE AFFORDABLE HOUSING CA 501(C)(3) SCH A, LINE 10 N/A 0 CARITAS FOUNDATION 3 PARK PLAZA SUITE 1700 IRVINE CA 92614 474047515 SUPPORT UNDERSERVED COMMUNITY THROUGH RENT ASSISTANCE AND EDUCATION PROGRAMS CA 501(C)(3) SCH A, LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 THE CARITAS CORPORATION M 255305 ACTUAL THE CARITAS CORPORATION P 240293 REIMBURSEMENT THE CARITAS FOUNDATION C 17044 ACTUAL THE CARITAS CORPORATION R 1693675 EXCESS CASH FLOWS PER INDENTURE