2025-11-17T17:41:08-06:00 2024-12-31 582487348 Aprio Advisory Group LLC 2185 N California Blvd Suite 350 Walnut Creek CA 94596 990 2024-01-01 943142001 Bernal Heights Housing Corporation BERN 4152062140 515 Cortland Avenue San Francisco CA 94110 Gina Dacus Executive Dir. 4152062140 2025-11-17 1 1 Stacy Cullen P00974308 9252102180 2025-11-17 2024 2025-03-06 01:10:19Z Gina Dacus 515 Cortland Avenue San Francisco CA 94110 2400306 0 X n/a X 1991 CA The organization was incorporated in 1991 to preserve and develop affordable housing for low- and moderate-income individuals and to develop or rehabilitate new and existing housing projects. 5 5 0 5 0 0 5443587 417704 917429 1680790 203152 301812 0 0 6564168 2400306 1767648 1528757 0 0 220754 208026 0 0 0 1778981 2161840 3767383 3898623 2796785 -1498317 46930863 47938763 11487618 13993835 35443245 33944928 The organization was incorporated in 1991 to preserve and develop affordable housing for low- and moderate-income individuals and to develop or rehabilitate new and existing housing projects. 0 0 1681387 1528757 579404 The organization operated 36 units of low-income housing in San Francisco, CA. 719361 658550 The organization serves as a limited partner in three partnerships, all of which own and operate low-income housing. The organization also serves as the sole owner of one limited liability company and the managing member one limited liability company which serves as the general partner in two limited partnerships and co-member in two other limited liability companies all of which own and operate low-income housing. 1225334 442836 The organization worked toward developing affordable housing throughout San Francisco, California. 3626082 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 33 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 1 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X The Organization 4152062140 515 Cortland Avenue San Francisco CA 94110 Laurel Muniz President 5.00 8.00 X X 0 0 0 Robert Crockron Secretary 5.00 5.00 X X 0 0 0 Novia Marshall Director 5.00 5.00 X 0 0 0 Gina Dacus Executive Director 10.00 40.00 X 0 246131 14976 0 246131 14976 1 0 1 0 0 417704 417704 Allocable Share PS Ren 531110 658550 658550 Residential Rental Inc 531110 475236 475236 Developer Fees 531110 368063 368063 Miscellaneous Income 531110 104168 104168 Management Services Fe 531110 74773 74773 1680790 301812 301812 2400306 1680790 0 301812 1528757 1528757 208026 208026 129310 129310 17461 17461 11628 11628 82701 82701 50376 48889 1487 451678 451678 150358 150358 264461 250259 14202 109032 93280 15752 Allocable Share PS Expe 719361 719361 Program Subcontractor E 151030 151030 Bad Debt Expense 12765 12765 Taxes and Licenses Expe 11679 11679 3898623 3626082 272541 0 1779134 1157663 7424901 3900000 96475 24737 49099 519838 109278 15964 9559804 5633726 4161039 3926078 31461304 31411743 1849633 6982740 46930863 47938763 2067012 2311146 6376353 8904716 3044253 2777973 11487618 13993835 X 35443245 33944928 35443245 33944928 46930863 47938763 -1498317 0 X X 0 1 X 1 1 1 X 770848 732430 786591 5443587 417704 8151160 2160592 967026 939660 899002 1680790 6647070 2931440 1699456 1726251 6342589 2098494 14798230 4699203 4699203 0 4699203 4699203 10099027 1550782 1401910 1492481 203152 301812 4950137 1550782 1401910 1492481 203152 301812 4950137 4482222 3101366 3218732 6545741 2400306 19748367 0.51140 0.46640 0.25070 0.21800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1678332 1678332 7807687 5559941 2247746 73785 73785 0 3926078 31411743 C 31411743 Development in Progress 4112901 Receivable from Affiliates 1591178 Tenant Security Deposits 20310 Rental Property Reserves 1258351 6982740 Tenant Security Deposits 25809 Due to Affiliate 2752164 2777973 X 1680945 0 1680945 719361 719361 2400306 3179262 0 3179262 719361 719361 3898623 Part X, Line 2: The Organization has received tax exempt status under IRC Section 501(c)(3) and the California Franchise Tax Board under the Revenue and Taxation Code 23701(d). The Organization believes that it does not have any uncertain tax positions that are material to the financial statements. The federal and state information returns for the years ending December 31, 2023, 2022, 2021 and 2020 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for the federal and state returns, respectively. No income tax provision has been included in the combined financial statements for the consolidated single member limited companies which are considered a disregarded entity. The income and loss of the LLC is included in the tax returns of BHHC, the sole members. Only the annual California limited liability company minimum tax and the annual fee appear as expense in the combined financial statements. Part XI, Line 4b - Other Adjustments: Allocable share Ptnrshp exp net w/Rev 719,361. Part XII, Line 4b - Other Adjustments: Allocable share Ptnrshp exp net w/Rev 719,361. 1 Bernal Heights Neighborhood Ctr 515 Cortland Avenue San Francisco CA 94110 942536500 501(C)(3) 1528757 0 General Support: Low Income Housing 1 Part I, Line 2: Bernal Heights Housing Corporation has various directors/officers in common with the recipient 501(c)(3) organization, Bernal Heights Neighborhood Center (BHNC). Therefore, there is direct oversight of the grant funds contributed to BHNC. 0 0 0 0 0 0 0 0 0 Gina Dacus Executive Director 0 246131 0 0 0 0 0 0 0 14976 0 261107 0 0 Part I, Line 3 The executive director of the corporation is a compensated employee of Bernal Heights Neighborhood Center (BHNC), a related 501(c)(3) exempt organization. The executive director's salary from BHNC is determined based on BHNC's compensation policy which is a step system that is updated every 3 years based on market studies provided by LISC and Northern California compensation non-profit salary survey. The policy is managed by the administrative department, reviewed by the executive committee, and approved by BHNC's board of directors. Form 990, Part VI, Section A, line 2 Buck and Barbara Bagot - Family relationship. Form 990, Part VI, Section A, line 3 Caritas Management Corporation was engaged to perform various property management services. Form 990, Part VI, Section A, line 7a The number of directors shall be no less than five and no more than nine. Within this range, the precise number of authorized directors shall be determined from time to time by the board of Bernal Heights Neighborhood Center. Board vacancies shall be filled by the board of the Bernal Heights Neighborhood Center. One third of the board must meet the low-income community accountability requirements that will allow the corporation to qualify as a community housing development organization, as defined from time to time at 24 CFR 92.2 Form 990, Part VI, Section A, line 8b There are no subcommittees of the board of directors. Form 990, Part VI, Section B, line 11b The form 990 is reviewed by the affiliated board of directors before it is filed. Form 990, Part VI, Section B, line 12c The goal of the procedures is to ensure that BHNC's board receives prompt, accurate and thorough responses to disclosure of any actual or perceived conflict of interest. Conflicts are annually disclosed, and any disclosures previously made are promptly updated to the board chair on an annual conflict disclosure questionnaire that asks for identification of their interests that could give rise to conflicts of interest. Advance disclosure is expected for conflicts as they arise so that a determination may be made as to the appropriate plan of action to manage the conflict. Staff must disclose conflicts to their supervisors, and executive directors/board members must disclose conflicts to the board chair. The executive committee of the board will review all actual or perceived conflicts. If the committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If determined that the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. The review of protocol is done annually for directors, officers, employees and volunteers when completing the annual conflict disclosure questionnaire. Form 990, Part VI, Section B, line 15 The corporation does not pay compensation, either as an employee or independent contractor, to anyone. The executive director of the corporation is an employee of Bernal Heights Neighborhood Center (BHNC), a related 501(c)(3) exempt organization. The executive director's salary from BHNC is determined based on BHNC's compensation policy which is a step system that is updated every 3 years based on market studies provided by LISC and Northern California compensation non-profit salary survey. The policy is managed by the administrative department, reviewed by the executive committee, and approved by BHNC's board of directors. Form 990, Part VI, Section C, line 19 Available upon request. Form 990, Part XII, Line 2c: The process has not changed. BERNAL HOUSING LLC 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 900783249 SERVES AS GP OR MEMBER IN 3 PARTNERSHIPS, SEE PART III CA 0 0 BERNAL HEIGHTS HOUSING CORPORATION BOOMERANG HOUSING CORPORATION 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 943190802 GP IN FEIN 94-3190803, SEE PART III CA 501(C)(3) 12A BERNAL HEIGHTS HOUSING CORPORATION 1 BERNAL GATEWAY HOUSING CORPORATION 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 943327191 GP IN FEIN 94-3342946, SEE PART III CA 501(C)(3) 12A BERNAL HEIGHTS HOUSING CORPORATION 1 5199 MISSION STREET SENIOR HOUSING INC 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 030384913 LOW-INCOME HOUSING CA 501(C)(3) Line 7 Organization BERNAL HEIGHTS HOUSING CORPORATION 1 ST PETERS SUPPORTIVE HOUSING INC 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 900354205 LOW-INCOME HOUSING CA 501(C)(3) Line 10 Organization BERNAL HEIGHTS HOUSING CORPORATION 1 BERNAL HEIGHTS NEIGHBORHOOD CENTER 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 942536500 LOW-INCOME HOUSING CA 501(C)(3) Line 10 Organization N/A 0 BOOMERANG HOUSING ASSOCIATES 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 943190803 LOW-INCOME HOUSING CA 94-3142001 RELATED 4839 13339718 0 0 0.92740 BERNAL GATEWAY HOUSING ASSOCIATES 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 943342946 LOW-INCOME HOUSING CA 94-3142001 RELATED 5531 18062295 0 0 1.00000 BERNAL SENIOR HOUSING PARTNERS 600 CALIFORNIA STREET SUITE 900 SAN FRANCISCO CA 94108 943068355 LOW-INCOME HOUSING CA 94-3142001 RELATED -419687 -5583501 1 0 0.70000 1100 OCEAN AVENUE LP 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 454437017 LOW-INCOME HOUSING CA 90-0783249 RELATED -31 484116 0 1 0.00490 BERNAL GATEWAY 2 LP 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 320595460 LOW-INCOME HOUSING CA N/A 0 0 MARKET HEIGHTS 2 LP 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 320583183 LOW-INCOME HOUSING CA N/A 0 0 TABERNAL ALLIANCE LLC 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 931437853 LOW-INCOME HOUSING CA 94-3142001 RELATED 0 1 0.50000 RPBG LLC 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 833928177 LOW-INCOME HOUSING CA N/A C 0 RPMH LLC 515 CORTLAND AVENUE SAN FRANCISCO CA 94110 832421957 LOW-INCOME HOUSING CA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0