2025-11-17T13:20:52-06:00 2024-12-31 943108253 NOVOGRADAC & COMPANY LLP 1255 TREAT BLVD SUITE 410 WALNUT CREEK CA 94597 990 2024-01-01 593728330 NHDC SANDPIPER VILLAGE APARTMENTS INC NHDC 9094832444 9692 HAVEN AVENUE STE 100 RANCHO CUCAMONGA CA 91730 SONNY KIM CONTROLLER 9094832444 2025-11-17 1 1 PAUL CHARRON P01086641 9259494300 2024 2025-03-06 01:10:19Z SONNY KIM 9692 HAVEN AVENUE SUITE 100 RANCHO CUCAMONGA CA 91730 1069583 0 X WWW.NATIONALCORE.ORG X 2001 FL PROVIDING AFFORDABLE RENTAL HOUSING THAT EMPOWERS LOW-INCOME RESIDENTS AND CHANGES COMMUNITIES. 3 0 0 0 0 0 0 0 1014402 1069450 234 133 0 0 1014636 1069583 0 0 0 0 123923 117020 0 0 0 825044 692475 948967 809495 65669 260088 2831087 3085385 2464767 2458977 366320 626408 TO PROVIDE AWARD-WINNING AFFORDABLE HOUSING PAIRED WITH BEST-PRACTICE SOCIAL SERVICE PROGRAMS TAILORED TO HELP FAMILIES MOVE TOWARD SELF-SUFFICIENCY AND ULTIMATELY TO HOME OWNERSHIP. 0 0 705448 1069450 IMPROVING THE QUALITY OF LIFE FOR LOW-INCOME FAMILIES BY STABILIZING AND REVITALIZING NEIGHBORHOODS VIA ACQUISITION, RENOVATION, AND MANAGEMENT OF AN AFFORDABLE HOUSING DEVELOPMENT IN TARPON SPRINGS, FLORIDA. 705448 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 X 3 0 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X SONNY KIM 9094832444 9692 HAVEN AVENUE SUITE 100 RANCHO CUCAMONGA CA 91730 MICHAEL RUANE PRESIDENT 0.92 39.08 X X 0 253192 13750 ROBERT DIAZ EXCEUTIVE VP/SECRETARY/GEN COUNSEL 0.76 39.24 X X 0 336438 13750 MICHAEL FINN CHIEF FINANCIAL OFFICER 0.92 39.08 X X 0 245644 13750 0 835274 41250 0 0 1 0 0 RENTAL INCOME 531110 1069450 1069450 1069450 133 133 1069583 1069450 0 133 100909 100909 8257 8257 7854 7854 47696 47696 225 225 8475 8475 19933 19933 27718 27718 92031 92031 123445 123445 106133 106133 114254 114254 REPAIRS AND MAINTENANCE 152473 152473 BUSINESS TAXES 92 92 809495 705448 104047 0 452461 615519 2152 4495 54322 49106 3414923 1263582 2103707 2151341 218445 264924 2831087 3085385 6780 45826 575 2157 2430827 2383074 26585 27920 2464767 2458977 X 366320 626408 366320 626408 2831087 3085385 260088 0 X X 0 1 X 1 0 X 675258 858339 955978 1006328 1062692 4558595 675258 858339 955978 1006328 1062692 4558595 0 0 0 4558595 32 32 31 234 133 462 32 32 31 234 133 462 6567 5755 9946 8074 6758 37100 681857 864126 965955 1014636 1069583 4596157 0.99180 0.98900 0.00010 0.00010 X 613174 613174 2801749 1263582 1538167 2151341 RESTRICTED CASH 264924 264924 SECURITY DEPOSITS PAYABLE 27920 27920 X 1069583 0 1069583 0 1069583 809495 0 809495 0 809495 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM FLORIDA CORPORATE INCOME TAXES UNDER FLORIDA STATUTE SECTION 220.11. 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. MANAGEMENT HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGMENT 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 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 FINANCIAL STATEMENTS. X 1 1 X 0 0 0 0 0 1 1 0 0 ROBERT DIAZ EXCEUTIVE VP/SECRETARY/GEN COUNSEL 0 289062 0 47376 0 0 0 13750 0 0 0 350188 0 0 MICHAEL RUANE PRESIDENT 0 211000 0 42192 0 0 0 13750 0 0 0 266942 0 0 MICHAEL FINN CHIEF FINANCIAL OFFICER 0 216041 0 29603 0 0 0 13750 0 0 0 259394 0 0 PART I, LINE 1A THE BOXES CHECKED IN 1(A) OF PART I WERE PROVIDED BY RELATED ORGANIZATIONS. ALL BOARD MEMBERS ARE COMPENSATED BY A RELATED ORGANIZATION FOR COMMERCIAL AIRLINE TRAVEL AND TRAVEL FOR COMPANIONS. PART I, LINE 3 A RELATED ORGANIZATION USES A WRITTEN EMPLOYMENT CONTRACT IN ESTABLISHING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. PART I, LINE 6 CEO BONUS. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CONTROLLER AND FINANCE MANAGER AND THEN GIVEN TO THE CHIEF FINANICAL OFFICER FOR REVIEW AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR IS PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY FOR THE CORPORATION AND SIGNS AN ACKNOWLEDGEMENT CERTIFICATE. STAFF IS ALSO PROVIDED A COPY AND SIGNS AN ACKNOWLEDGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEW AND A THIRD PARTY COMPENSATION STUDY IS PERFORMED EVERY 2 TO 3 YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, COLUMN B: THE OFFICERS SPEND APPROXIMATELY 1 HOURS PER WEEK DEVOTED TO THIS ORGANIZATION AND APPROXIMATELY 39 HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS. THEIR TIME VARIES DEPENDING ON THE NEEDS OF THE EXEMPT ORGANIZATION. 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