2025-05-12T11:47:58-05:00 2024-06-30 831445511 SMITH MARION & CO 1940 ORANGE TREE LANE SUITE 100 REDLANDS CA 92374 990 2023-07-01 825258187 LIFT TO RISE LIFT 7606360420 75-175 MERLE DR 100 PALM DESERT CA 92211 HEATHER VAIKONA CEO 7606360420 2025-05-12 1 1 CARLOS CARAZO P02046597 9093072323 2025-05-12 2023 2025-03-06 01:10:19Z HEATHER VAIKONA 75-175 MERLE DR 100 PALM DESERT CA 92211 7597503 0 X LIFTTORISE.ORG X 2018 CA SEE SCHEDULE O 6 6 19 30 0 0 33677188 6742671 845728 304155 9715 550677 0 0 34532631 7597503 0 0 0 0 2722677 1707039 0 0 62504 15179700 2452997 17902377 4160036 16630254 3437467 18507666 23513783 957906 2527323 17549760 20986460 X SEE SCHEDULE O 0 0 3197465 304155 SEE SCHEDULE O 3197465 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 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 0 0 0 0 1 27 0 19 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X HEATHER VAIKONA 7606360420 75-175 MERLE DR 100 PALM DESERT CA 92211 MATT HORTON BOARD CHAIR 5.00 X X 0 0 0 MARIELA MAGANA CEBALLOS VICE CHAIR 5.00 X X 0 0 0 NADIA VILLAGRAN IMMEDIATE PAST CHAIR 5.00 X 0 0 0 BEATRIZ GONZALEZ INIGUEZ SECRETARY 5.00 X X 0 0 0 CHRIS KENNEN TREASURER 5.00 X X 0 0 0 JAIME ALONSO BOARD MEMBER 5.00 X 0 0 0 HEATHER VAIKONA CEO 40.00 X 314918 0 21600 314918 0 21600 1 0 1 0 0 6712734 29937 6742671 PROGRAM REVENUE 900099 299578 299578 RENTAL INCOME 532000 4577 4577 304155 550677 550677 7597503 304155 0 550677 314918 236188 47238 31492 1392121 1051006 323573 17542 42797 20449 22348 269798 269798 208958 205958 3000 154287 152141 2146 116782 25395 88222 3165 118959 86338 29332 3289 56578 53584 2994 89958 52964 35484 1510 5476 4403 1073 13124 13124 24780 24780 COMMUNITY ENGAGEMENT 817532 817532 COMMUNITY SUPPORT 186873 186563 310 ADVOCACY 156000 156000 COMMUNITY INTERVENTIONS 90951 90951 100144 57993 41791 360 4160036 3197465 900067 62504 1805271 19278 3141 12881565 16400650 6198353 1445487 54233 20600 2954143 47911 122617 2906232 5406 121754 36862 18507666 23513783 298418 309914 537734 2180000 121754 37409 957906 2527323 X 167735 1954638 17382025 19031822 17549760 20986460 18507666 23513783 3437467 -767 0 X 0 1 X 1 0 X 1493264 22072559 56789452 33677188 6742671 120775134 1493264 22072559 56789452 33677188 6742671 120775134 120775134 9977 1932 10056 9715 550677 582357 121357491 1149883 0.99520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 156000 156000 4004036 4160036 358002 89501 0 0 1000000 1000000 1000000 358002 3358002 5037003 49098 205500 168000 156000 578598 250000 250000 250000 89501 839501 1259252 496405 496405 2237033 4825 2232208 66972 14357 52615 38336 28729 9607 115397 115397 2906232 LEASE LIABILITY 37409 37409 7596736 -767 -767 7597503 0 7597503 4160036 0 4160036 0 4160036 1 X X X X X 0 0 0 0 0 0 0 0 0 HEATHER VAIKONA CEO 314918 0 0 0 0 0 0 0 21600 0 336518 0 0 0 FORM 990, PART I, LINE 1 LIFT TO RISE IS THE BACKBONE OF A COALITION OF MORE THAN 70 PARTNERS CARRYING OUT A BOLD PLAN TO INCREASE HOUSING AFFORDABILITY IN THE COACHELLA VALLEY. WE BRING TOGETHER LOCAL GOVERNMENTS, AFFORDABLE HOUSING DEVELOPERS, COMMUNITY GROUPS, AND RESIDENT LEADERS TO SOLVE THE CHALLENGES THAT SLOW AFFORDABLE HOUSING PRODUCTION SO THE COACHELLA VALLEY CAN BE A PLACE WHERE EVERYONE THRIVES. FORM 990, PART III, LINE 1 LIFT TO RISE IS THE BACKBONE OF A COALITION OF MORE THAN 70 PARTNERS CARRYING OUT A BOLD PLAN TO INCREASE HOUSING AFFORDABILITY IN THE COACHELLA VALLEY. WE BRING TOGETHER LOCAL GOVERNMENTS, AFFORDABLE HOUSING DEVELOPERS, COMMUNITY GROUPS, AND RESIDENT LEADERS TO SOLVE THE CHALLENGES THAT SLOW AFFORDABLE HOUSING PRODUCTION SO THE COACHELLA VALLEY CAN BE A PLACE WHERE EVERYONE THRIVES. FORM 990, PART III, LINE 4A: LIFT TO RISE SERVES AS THE BACKBONE ORGANIZATION FOR A MULTI-SECTOR COLLECTIVE IMPACT INITIATIVE COMMITTED TO REDUCING RENT BURDEN BY 30% IN THE COACHELLA VALLEY THROUGH THE PRODUCTION OF 10,000 UNITS OF AFFORDABLE HOUSING BY 2028. OUR KEY AREAS OF WORK INCLUDE: CONVENING: WE ANCHOR AND COORDINATE A REGIONAL COLLABORATIVE KNOWN AS THE HOUSING COLLABORATIVE ACTION NETWORK (CAN), GUIDING OVER 70 PARTNERS ACROSS SECTORS THROUGH BIANNUAL ACTION PLANNING AND ALIGNED CONTRIBUTIONS TOWARD OUR SHARED GOAL. PIPELINE DEVELOPMENT: WE TRACK AND MAINTAIN A REAL-TIME REGIONAL PIPELINE OF AFFORDABLE HOUSING PROJECTS, IDENTIFYING SYSTEMIC BARRIERS ACROSS JURISDICTIONS AND DEVELOPMENTS THAT INFORM STRATEGIC INTERVENTIONS TO ACCELERATE PRODUCTION. INVESTMENT: THROUGH OUR INNOVATIVE WE LIFT CATALYST FUNDA REVOLVING LOAN FUND THAT LEVERAGES PUBLIC, PRIVATE, AND CDFI RESOURCESWE DEPLOY FLEXIBLE, LOW-INTEREST CAPITAL TO HARD-TO-FUND AND COMMUNITY-PRIORITIZED AFFORDABLE HOUSING PROJECTS THAT FACE FINANCING GAPS IN THIS HISTORICALLY UNDERINVESTED REGION. POLICY ADVOCACY: WE LEAD LOCAL, STATE, AND FEDERAL ADVOCACY EFFORTS TO ALIGN REGULATORY FRAMEWORKS AND PUBLIC FUNDING SOURCES WITH THE UNIQUE NEEDS OF THE COACHELLA VALLEY AFFORDABLE HOUSING PIPELINE, POSITIONING OUR REGION TO SECURE AND EFFECTIVELY USE MORE HOUSING RESOURCES. MOVEMENT BUILDING: WE ENGAGE AND MOBILIZE LOCAL RESIDENTS TO CIVIC ACTION THROUGH OUR RESIDENT LEADERSHIP TABLE AND COMMITTEES BY CITIES INITIATIVES, WHOSE MEMBERS SERVE AS THE BOOTS ON THE GROUND OF OUR REGIONAL HOUSING AFFORDABILITY INITIATIVE. IN ADDITION, OUR STRATEGIC COMMUNICATIONS WORK SHIFTS NARRATIVES AND GARNERS PUBLIC SUPPORT FOR HOUSING SOLUTIONS ACROSS THE VALLEY. KEY SUCCESSES: SINCE THE INITIATIVE'S LAUNCH IN 2018, LIFT TO RISE AND ITS PARTNERS HAVE DRIVEN TRANSFORMATIVE CHANGE. THE REGION'S AFFORDABLE HOUSING PIPELINE HAS GROWN FROM AN AVERAGE OF JUST 38 UNITS PER YEAR PRE-2018 TO OVER 9,100 UNITS NOW PLANNED OR UNDERWAY. OUR CATALYST FUND HAS DEPLOYED OR COMMITTED OVER $34 MILLION IN LOANS TO SPARK DEVELOPMENT OF NEARLY 1,000 AFFORDABLE UNITS. WE HAVE ALSO MOBILIZED OVER 2,000 RESIDENTS TO PARTICIPATE IN CIVIC ENGAGEMENT, PUSHING LOCAL CITY COUNCILS, STATE LEGISLATORS, AND FEDERAL REPRESENTATIVES FOR MORE RESOURCES FOR OUR COMMUNITY. THESE EFFORTS HAVE SIGNIFICANTLY RAISED THE COACHELLA VALLEY'S PROFILE AS AN INNOVATOR IN COLLABORATIVE HOUSING SOLUTIONS, RESULTING IN INCREASED INVESTMENT AND ATTENTION FROM FEDERAL, STATE, AND PHILANTHROPIC PARTNERS. FORM 990, PART VI, SECTION A, LINE 3 GC PLANNING OR EXECUTING BUDGETS AND FINANCIAL OPERATIONS FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SUBJECT TO PRELIMINARY REVIEW BY CEO AND GONDA+CO, THE ORGANIZATION'S EXTERNAL CPA, AND FINAL REVIEW BY BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C LIFT TO RISE HAS CONFLICT OF INTEREST POLICIES AND PROTOCOLS FOR BOTH BOARD AND STAFF MEMBERS TO MANAGE AND ADDRESS ANY POTENTIAL CONFLICTS THAT MAY ARISE IN THE WORK. BOTH BOARD AND STAFF ARE REQUIRED TO SIGN POLICY ACKNOWLEDGMENT FORMS, AND THE POLICIES AND PROTOCOLS ARE REVIEWED ANNUALLY. ADDITIONALLY, WE TAKE ENHANCED CONFLICT OF INTEREST MEASURES RELATED TO OUR RENTAL ASSISTANCE PROGRAM: SPECIFICALLY MITIGATING ANY CONFLICT BY ENSURING THAT NO STAFF OR ASSOCIATED LEADERSHIP PROCESSES, REVIEWS OR APPROVES APPLICATIONS OF KNOWN PERSONAL OR FAMILIAL RELATIONSHIPS. FORM 990, PART VI, SECTION B, LINE 15A LIFT TO RISE PRIORITIZES LIVING WAGE COMPENSATION AND STRIVES TO ENSURE STAFF ARE COMPENSATED COMPARABLY AND COMPETITIVELY TO LOCAL, REGIONAL AND STATEWIDE COUNTERPARTS. THE COMPENSATION COMMITTEE, ON BEHALF OF THE BOARD OF DIRECTORS SUPERVISED AN EXTERNAL, INDEPENDENT, AND THOROUGH COMP STUDY BY EVALUATING COMPARABLE SALARIES IN THE REGION AND IN SIMILARLY SIZED ORGANIZATIONS WITH COMPARABLE LEVELS OF SOCIAL IMPACT AND USED PERFORMANCE MEASURES TO GAUGE GOALS AND RESULTS ACHIEVED. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST