2025-11-14T16:25:14-08:00 2024-12-31 461594234 Boggeln & Company Inc 215 1/2 Main Street Huntington Beach CA 92648 990 2024-01-01 330913559 MAAC HOUSING CORPORATION MAAC 6194263595 1355 THIRD AVENUE CHULA VISTA CA 91911 AUSTIN FOYE CFO 2025-11-14 true true CHERI L BOGGELN P00854324 7143747434 2024 2025-03-06 01:10:19Z ARNULFO MANRIQUEZ 1355 THIRD AVENUE CHULA VISTA CA 91911 9716108 false X N/A X 2000 CA WELFAREMAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS 3 2 0 0 103345 4482494 3053833 988660 6558930 0 5471154 9716108 0 0 446077 64170 0 0 3615931 1754212 4062008 1818382 1409146 7897726 61310146 67857889 10385419 9837376 50924727 58020513 WELFAREMAAC HOUSING CORPORATION WAS ORGANIZED AND OPERATED FOR THE PURPOSE OF PROMOTING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS false false 1818382 3053833 CARLSBAD LAUREL TREE APARTMENTS-CARLSBAD APARTMENTS CONSISTS OF A 138-UNIT LOW INCOME HOUSING PROJECT IN 23 RESIDENTIAL BUILDINGS TOGETHER WITH OPEN SPACE AND RECREATIONAL AMENITIES LOCATED IN SAN DIEGO COUNTY, CALIFORNIA, IN WHICH MAAC HOUSING CORPORATION (MHC) SERVES AS A LIMITED PARTNER. MAAC PRESIDENT JOHN ADAMS MANOR APARTMENTS, LLC (MAAC PJAM LLC)- MAAC PJAM LLC WAS FORMED IN MARCH 2016 WITH MHC AS THE SOLE MEMBER FOR THE PURPOSE OF ACQUIRING THE PRESIDENT JOHN ADAMS MANOR APARTMENTS (THE PROJECT) FROM THE PJAM LP, AN AFFILIATED PARTNERSHIP. THE GENERAL PARTNER IS PJAM INC., A CALIFORNIA EXEMPT ORGANIZATION. THE PROJECT CONSISTS OF 300 UNITS OF AFFORDABLE RENTAL HOUSING IN 38 RESIDENTIAL BUILDINGS LOCATED IN THE CITY SAN DIEGO, CALIFORNIA. MHC BECAME THE SOLE OWNER OF THE APARTMENT PROJECT IN MAY 2016, RECEIVING AN ALLOCATION OF 100% OF THE LOSSES AS ITS SOLE MEMBER. MAAC SAN MARTIN DE PORRES LLC-EFFECTIVE JUNE 1, 2017, SAN MARTIN DE PORRES, L.P., SOLD THE PROJECT TO SAN MARTIN DE PORRES, LLC, A WHOLLY OWNED SUBSIDIARY OF MAAC HOUSING CORPORATION. THE PROJECT CONSISTS OF A 116-UNIT, AFFORDABLE RENTAL HOUSING APARTMENT LOCATED IN THE CITY OF SPRING VALLEY, SAN DIEGO COUNTY, CALIFORNIA. MAAC COMMUNITY CENTER WAS TRANSFERRED TO MCC CHULA VISTA, LLC, A SOLE MEMBER SUBSIDIARY OF MAAC HOUSING CORP, AS OF MAY, 2017. THE PROJSCT IS A 73,000 SQUARE FOOT PROPERTY LOCATED IN CHULA VISTA, CALIFORNIA, WHICH IS USED FOR A CHARTER SCHOOL AND VARIOUS PROGRAMS. DURING 2020, MAAC HOUSING CORP BECAME A LIMITED PARTNER IN TWO ADDITIONAL PARTNERSHIPS: MAAC IVY LP (99.99%) AND MAAC NATIONAL CITY LP (99.99%). THESE ENTITIES HOLD LAND TO BE DEVELOPED INTO AFFORDABLE RENTAL HOUSING PROJECTS, WITH CONSTRUCTION EXPECTED TO COMMENCE IN 2022. MHC WAS FORMED TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW INCOME PERSONS AND FAMILIES. IN ADDITION, THESE PROJECTS CREATE SUPPORTIVE COMMUNITIES, INCLUDE QUALITY PROPERTY MANAGEMENT, TENANT GOVERNANCE COUNCILS, CULTURALLYSENSITIVE SOCIAL SERVICES, WORK SKILL ENHANCEMENT PROGRAMS, COMMUNITY LEADERSHIP AND ORGANIZATION, AND INTERVENTION STRATEGIES FOR CHILDREN AND YOUTH. THEY PROVIDE A COMPREHENSIVE PROGRAM OF SUPPORT SERVICES TO THEIR RESIDENTS, INCLUDING A DIVERSE AND CULTURALLY APPROPRIATE LIBRARY, AN AFTER-SCHOOL READING PROGRAM, ON-SITE CHILDCARE, AN ACTIVE TENANT ASSOCIATION, A LUNCH PROGRAM, AND A SUMMER CAMP PARTICIPATION PROGRAM. MHC WAS FORMED TO SUPPORT THE METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTY OF SAN DIEGO COUNTY, INC, A CALIFORNIA NONPROFIT BENEFIT CORPORATION. 1818382 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false false true true true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 3 2 false false false false false false false true true false false false true true true true true false false false CA X X AUSTIN FOYE 6194263595 1355 THIRD AVENUE CHULA VISTA CA 91911 ARNULFO MANRIQUEZ CEO/TREASURER 0.50 40.00 X X 0 376900 22982 AUSTIN FOYE CFO 0.50 40.00 X X 0 213188 19913 SHREYA SASAKI Secretary 0.50 0.50 X X 0 0 0 590088 42895 0 false true false 0 103345 103345 MISCELLANEOUS INCOME 624200 867470 867470 RENTAL INCOME 624200 2186363 2186363 3053833 2251771 2251771 0 0 0 4307159 4307159 4307159 4307159 0 0 0 0 9716108 3053833 6558930 0 0 0 0 0 0 54946 54946 0 4858 4858 4366 4366 10922 10922 0 0 0 0 0 0 0 57 57 0 0 0 110 110 0 0 147495 147495 0 0 28394 28394 K-1 RENTAL EXPENSES 1150024 1150024 DEPRECIATION 283157 283157 REPAIR & MAINT 95535 95535 TAXES & FILING FEES 14656 14656 23862 23862 1818382 1818382 0 0 624500 626695 1000000 0 1129077 17227892 0 0 38174270 31132765 0 7840 23435 10394142 4445839 5991971 5948303 0 0 16179 0 0 15366309 11898799 61310146 67857889 7631733 18326 15049 2672399 2617176 81287 7186825 10385419 9837376 X 50924727 58020513 50924727 58020513 61310146 67857889 X 7897726 -801940 X false true X true false X X 1 METROPOLITAN AREA ADVISORY COMMITTE 952457354 7 true 0 0 1 0 true false false false false false false false false false false false false false false true false 2200000 2200000 6622988 3758254 2864734 1102743 581041 521702 312086 106544 205542 156325 156325 5948303 DEPOSITS AND OTHER ASSETS (NET OF AMORT) DUE FROM AFFILIATE INVESTMENT IN partnerships 11898799 TENANT SECURITY DEPOSITS 11898799 DUE TO RELATED PARTIES 528100 INVESTMENT IN LP LIABILITIES 6649125 TENANT SECURITY DEPOSIT LIABILITY 9600 7186825 X Part X : FIN48 Footnote SCHEDULE D, PART X, LINE 2:MAAC 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. THE ENTITY FILES 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 false false false false false false false false ARNULFO MANRIQUEZ CEO/TREASURER 376900 22982 399882 AUSTIN FOYE CFO 213188 19913 233101 Form 990, Part VI, Section B, Line 11b THE ORGANIZATION'S FORM 990 IS FIRST REVIEWED BY THE CFO, FOLLOWED BY THE CEO WHO THEN SIGNS THE RETURN. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION FOLLOWS THE PROCEDURES OF THE PARENT ORGANIZATION, METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI POVERTY OF SAN DIEGO, INC.(MAAC) WHEREBY BOARD MEMBERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND UNDERSTANDS THAT THE PROJECT IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES, AND HAS AGREED TO COMPLY WITH THE POLICY. EACH MEMBER OF THE BOARD OF DIRECTORS SHALL REVIEW THIS POLICY ANNUALLY. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. MONITORING WILL BE CONDUCTED ANNUALLY BY THE AUDIT COMMITTEE OF MAAC AND COMPLIANCE RECORD WILL BE MAINTAINED BY THE DIRECTORS. Form 990, Part VI, Section C, Line 19 THE PUBLIC INSPECTION COPY OF THE ORGANIZATION'S FORM 990 FROM THE PREVIOUS THREE YEARS WILL BE AVAILABLE (FOR INSPECTION OR COPYING) AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS. COPIES OF THE FILED RETURNS ARE ALSO AVAILABLE FOR REVIEW AT GUIDESTAR.COM AND THE ATTORNEY GENERAL'S WEBSITE. WHEN RESPONDING TO A PUBLIC INSPECTION REQUEST FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 BY ANYONE, THE ORGANIZATION SHALL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON FOR THE REQUEST. Form 990, Part XI, Line 9 ADJUSTMENT TO BOOK INVESTMENT IN LPS ON A TAX BASIS = -$801940 MAAC PRESIDENT JOHN ADAMS MANOR LLC 1355 THIRD AVE CHULA VISTA CA 91911 812591175 LOW INCOME HOUSING CA 997478 33899189 MHC SAN MARTIN DE PORRES LLC 1355 THIRD AVE CHULA VISTA CA 91911 814269011 LOW INCOME HOUSING CA 585013 13526736 MHC MCC CHULA VISTA LLC 1355 THIRD AVE CHULA VISTA CA 91911 952457354 LOW INCOME HOUSING CA 931092 8532309 MHC MAAC-SEE NOTE 1355 THIRD AVE CHULA VISTA CA 91911 952457354 LOW INCOME HOUSING CA 501(C)3 7 N/A false CARLSBAD LAUREL TREE APARTMENTS LP 1355 3RD AVE CHULA VISTA CA 91911 330812530 LOW INCOME HOUSING CA MHC 5695312 5278862 false false 0.99990 MAAC SENDERO LP 1355 3RD AVE CHULA VISTA CA 91911 863444578 LOW INCOME HOUSING CA MAAC false false 0.00100 MAAC NATIONAL CITY LP 1355 3RD AVE CHULA VISTA CA 91911 844788984 LOW INCOME HOUSING CA MHC false false 0.99990 MAAC IVY LP 1355 3RD AVE CHULA VISTA CA 91911 844788751 LOW INCOME HOUSING CA MHC false false 0.99990 MERCADO 2019 LP 1355 3RD AVE CHULA VISTA CA 91911 844107654 LOW INCOME HOUSING CA MHC false false 0.99000 CREST ON IMPERIAL LP 1355 3RD AVE CHULA VISTA CA 91911 873678399 LOW INCOME HOUSING CA MAAC false false 0.00100 SENIORS ON BROADWAY LP 1355 THIRD AVENUE CHULA VISTA CA 91911 830411220 LOW INCOME HOUSING CA MHC 253844 6533660 false false 0.99990 false false false false false false false false false false false true false false true false false false false Schedule R: Part II Identification of Related Tax-Exempt Organizations Name: METROPOLITAN AREA ADVISORY COMMITTEE ON ANTI-POVERTY OF SAN DIEGO COUNTY, INC.