2026-04-13T13:31:39-05:00 2025-06-30 946214841 ARMANINO ADVISORY LLC 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2024-07-01 550830072 BAY AREA HOUSING CORPORATION BAYA 4084387392 101 CHURCH ST STE 4 LOS GATOS CA 95030 CAROL TURNER CFO 4084387392 2026-04-09 1 1 WANWAN ZHANG P01317662 4082006400 2026-04-02 2024 2025-03-06 01:10:19Z CAROL TURNER 101 CHURCH ST STE 4 LOS GATOS CA 95030 10480747 0 X WWW.BAHC1.ORG X 2003 CA PROVIDE HOUSING OPPORTUNITIES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES & LOW INCOME POPULATIONS. 8 8 6 8 0 0 2384718 2548640 7506881 7830909 98099 94198 19053 7000 10008751 10480747 0 0 0 0 870223 1039335 5700 1250 53973 4266303 4224572 5142226 5265157 4866525 5215590 71072720 72494698 17623547 13828819 53449173 58665879 X THE PRIMARY PURPOSE OF THIS CORPORATION IS TO PROVIDE AND MAINTAIN HOUSING OPPORTUNITIES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES AND LOW INCOME POPULATIONS. 1 0 4361642 7837909 PROPERTY MANAGEMENT - IN COOPERATION WITH THE DEPARTMENT OF DEVELOPMENTAL SERVICES, SAN ANDREAS REGIONAL CENTER ("SARC") AND GOLDEN GATE REGIONAL CENTER ("GGRC"), BAHC HAS DEVELOPED A WELL-RESPECTED HOUSING ORGANIZATION WITH A FINANCIALLY SUSTAINABLE PORTFOLIO.BAHC CURRENTLY OWNS 53 SCATTERED SITE, SINGLE FAMILY HOMES IN THE BAY AREA. HOMES WILL PROVIDE PERMANENT HOUSING OPPORTUNITIES FOR A VULNERABLE AND OFTEN INVISIBLE PART OF ITS COMMUNITY. CURRENT CAPACITY PROVIDES SPECIALIZED HOUSING FOR UP TO 214 INDIVIDUALS AT ANY ONE TIME. OVER THE YEARS, BAHC'S HOMES HAVE BEEN A SAFE, SUPPORTIVE HOME FOR AN ESTIMATED 400 PEOPLE, AND WILL CONTINUE TO BE A COMMUNITY RESOURCE INTO THE FUTURE. (CONTINUED ON SCHEDULE O)CASA MILAGRO - IN 2007, BAHC FORMED A LIMITED LIABILITY COMPANY, CASA MILAGRO, LLC. THIS LLC HOLDS THE 32 HOMES ACQUIRED UNDER THE BAY AREA HOUSING PLAN, BETWEEN 2003 AND 2011. THESE PROPERTIES WERE REFINANCED WITH A 15-YEAR BOND ISSUED IN 2011.MAS MILAGROS - IN 2010, BAHC FORMED ANOTHER LIMITED LIABILITY COMPANY, MAS MILAGRO, LLC. THIS LLC HOLDS 4 PROPERTIES, ACQUIRED BETWEEN 2011 AND 2015. THESE PROPERTIES HAVE "FORGIVABLE" LOANS FROM CITY AND COUNTY OF SANTA CLARA, AND ARE ENCUMBERED BY RESTRICTIVE COVENANTS. SIMPLE INTEREST IS ACCRUED. ANNUAL PAYMENTS AGAINST INTEREST ARE MADE IN ACCORDANCE WITH TERMS.COMMUNITY PLACEMENT PLAN ("CPP") PROPERTIES - CPP HOLDS 17 PROPERTIES ACQUIRED UNDER THE COMMUNITY PLACEMENT PLAN, BETWEEN FISCAL 2016 AND 2025. THESE PROPERTIES ARE FINANCED WITH A COMBINATION OF GRANTS FROM THE STATE OF CALIFORNIA AND COMMERCIAL LOANS. IN FISCAL 2024-25, BAHC ACQUIRED A MULTI-UNIT PROPERTY IN SAN JOSE, FULFILLING A CPP CONTRACT FOR SAN ANDREAS REGIONAL CENTER. RENOVATIONS ARE IN PROGRESS AT YEAR END.BAHC, CASA MILAGRO, MAS MILAGRO AND CPP PROPERTIES ARE COLLECTIVELY REFERRED AS THE ORGANIZATION". 434134 PROJECT DEVELOPMENT - BAHC IS ACTIVE IN SEEKING NEW PROPERTIES TO ADD TO ITS PORTFOLIO TO EXPAND ITS MISSION IN PROVIDING SPECIAL NEEDS HOUSING FOR THOSE WITH DEVELOPMENTAL DISABILITIES. BAHC IS ACTIVE IN SECURING CONTRACTS TO UTILIZE ITS EXPERTISE IN PROJECT DEVELOPMENT AND MANAGEMENT. 110738 COMMUNITY PROGRAM - MAKING HOMES WORK - PROVIDES FUNDING AND ASSISTANCE TO INDIVIDUALS WITH I/DD WHO REQUIRE CHANGES TO THEIR HOMES TO IMPROVE THE QUALITY OF LIFE. THESE CHANGES INCLUDE BATHROOM MODIFICATIONS OR OTHER CHANGES TO IMPROVE ACCESSIBILITY. 4906514 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 0 0 0 0 0 1 0 0 0 0 1 21 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 CA X LYNN MYERS BOOKKEEPING SERVICE 8316882919 9055 SOQUEL DRIVE SUITE H APTOS CA 95003 JON GUNDERSON BOARD CHAIR 2.00 X X 0 0 0 KATHY ROBINSON SECRETARY 1.00 X X 0 0 0 KAREN COTTLE DIRECTOR 1.00 X 0 0 0 JEFFERY DARLING DIRECTOR 1.00 X 0 0 0 KATHY HEBERT DIRECTOR 1.00 X 0 0 0 UDAY KAPOOR DIRECTOR 1.00 X 0 0 0 CLARE MCDERMOTT AUDIT CO-CHAIR 1.00 X 0 0 0 TED MOORHEAD AUDIT CO-CHAIR 1.00 X 0 0 0 KRIS MCCANN PRESIDENT OF BOARD/ED 40.00 1.00 X 247827 0 13956 CAROL TURNER CFO 40.00 1.00 X 175068 0 10230 OCTAVIO FARFAN DEVELOPMENT MANAGER 40.00 X 135481 0 3314 REGGIE VEGA PROPERTY MANAGER 40.00 X 112095 0 17717 670471 0 45217 4 0 1 0 IQ CONSTRUCTION 926 N 14TH STREET SAN JOSE CA 95112 CONSTRUCTION 890569 CARRILLO LANDSCAPE & MAINTENANCE 1871 TRIPOLI AVE SAN JOSE CA 95122 LANDSCAPING AND MAINTENANCE 182670 PACIFIC BREEZE AIR SYSTEMS INC 2086 E CANAL DRIVE PMB 140 TURLOCK CA 95380 HVAC 161492 MEZA'S FENCE 1750 S 10TH ST SAN JOSE CA 95112 FENCE CONTRACTOR 149085 4 2541175 7465 2548640 PROGRAM RENTAL INCOME 531110 6241106 6241106 PROPERTY MANAGMENT 531310 1589803 1589803 7830909 94198 94198 REIMBURSED PAYMENT 531110 6800 6800 MISCELLANEOUS INCOME 900099 200 200 7000 10480747 7837909 0 94198 462956 272138 150157 40661 449455 423384 26071 8796 8164 632 55758 53463 1942 353 62370 48377 11758 2235 139855 66000 73855 1250 1250 18605 8740 3865 6000 32236 27667 3916 653 34442 29251 4470 721 11845 9772 1777 296 1666943 1660637 5405 901 6814 5735 957 122 4272 3679 508 85 1044996 1044398 598 1215621 1215621 38527 28568 9504 455 STATE TAXES AND LLC FEE 10416 920 9255 241 5265157 4906514 304670 53973 1846921 2293857 4747 0 426830 227862 6999 0 54534 59710 78199827 15311603 61603333 62888224 422297 433280 6707059 6591765 71072720 72494698 71068 205144 379042 380186 4126179 1363301 11053307 10862847 1993951 1017341 17623547 13828819 X 45425410 49315427 8023763 9350452 53449173 58665879 71072720 72494698 5215590 1116 0 X 0 1 X 1 0 X 1018358 1170635 1614679 2384718 2548640 8737030 7051369 7265017 7379814 7513681 7837909 37047790 8069727 8435652 8994493 9898399 10386549 45784820 7814 16000 38900 3500 6319 72533 5280980 5178461 5144876 5207448 5180359 25992124 5288794 5194461 5183776 5210948 5186678 26064657 19720163 1076 967 17618 98099 94198 211958 1076 967 17618 98099 94198 211958 39908 12253 52161 8070803 8476527 9012111 10008751 10480747 46048939 0.42820 0.39730 0.00460 0.00270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27382553 27382553 47031076 14856570 32174506 3786198 455033 3331165 62888224 RESTRICTED DEPOSITS FOR HOUSING PREDEVELOPMENT FUND 253541 SURPLUS FUNDS RESERVE 692109 REPLACEMENT RESERVE 1366006 DEBT SERVICE RESERVE 4280109 6591765 ACCRUED INTEREST 455521 TAXABLE BOND LIABILITY 561820 1017341 X 10481863 1116 1116 10480747 0 10480747 5265157 0 5265157 0 5265157 PART X, LINE 2: 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 TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE EXEMPT ORGANIZATION TAX RETURNS AND ITS STATE LIMITED LIABILITY COMPANY TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR THE PREVIOUS 3 YEARS REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE PREVIOUS 4 YEARS REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. X 0 0 0 0 0 0 0 1 0 KRIS MCCANN PRESIDENT OF BOARD/ED 202827 0 45000 0 0 0 6085 0 7871 0 261783 0 0 0 CAROL TURNER CFO 130068 0 45000 0 0 0 3902 0 6328 0 185298 0 0 0 PART I, LINE 3 THE BOARD APPOINTS A COMMITTEE, CONSISTING OF TWO OR MORE DIRECTORS, THAT OBTAINS THE AUTHORITY TO APPROVE THE COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ANY COMMITTEE. PART I, LINE 7 BONUSES GIVEN TO THE PRESIDENT OF THE BOARD AND CFO ARE DISCRETIONARY. THE BOARD OF DIRECTORS DETERMINED THE BONUS POOL AMOUNT AS WELL AS THE DISTRIBUTION TO EACH EMPLOYEE. A CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY 521643828 13033LLD7 2011-02-01 30786202 REFINANCE INDEBTEDNESS RELATING TO EXISTING COMMUNITY BASED RESIDENCE 0 0 1 A 29422901 30786202 3034026 26140114 339865 1272197 2011 1 0 1 1 A 1 0 0 0 0 0 0 A 0 0 0 1 1 0 0 0 0 A 0 SCHEDULE K, PART II, LINE 2C: ALL BOND PROCEEDS WERE SPENT FOR REFINANCE OF PRIOR DEBTS. NO PROCEEDS WERE EVER INVESTED. FORM 990, PART III, LINE 2 IN FISCAL 2024-25 THE ORGANIZATION PUT RAISED FUNDS TO WORK. THE PROGRAM, REFERRED TO AS MAKING HOMES WORK, WAS ABLE TO IMPROVE THE LIVES OF SEVEN FAMILIES BY FUNDING QUALITY OF LIFE MODIFICATIONS TO THEIR HOMES. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE BOARD OF DIRECTORS REVIEWS THE 990 FORM AND AFTERWARDS, ALL BOARD MEMBERS RECEIVE A COPY OF THE COMPLETED 990 FORM BEFORE THE STAFF SUBMITS THE FORM FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE STAFF AND BOARD MEMBERS OF THE ORGANIZATION COMPLETE AN ANNUAL DECLARATION OF ANY ACTIVITIES THAT COULD BE A CONFLICT OF INTEREST. THEY ARE REQUIRED TO SIGN AND DATE THIS FORM AND THEN SUBMIT IT FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 15 SALARIES ARE BASED ON A RANGE OF SALARY RATES FOR COMPARABLE POSITIONS IN COMPARABLE NONPROFIT AGENCIES. INITIAL SALARY RANGES WERE APPROVED BY OUR FUNDING AGENCY, SAN ANDREAS REGIONAL CENTER, AND BY OUR BOARD OF DIRECTORS. AFTER THE INITIAL SALARY RATE HAS BEEN SET, THE EXECUTIVE DIRECTOR MAKES RECOMMENDATIONS FOR SALARY INCREASES BASED ON PERFORMANCE AND BUDGET ALLOWANCES. ALL SALARY INCREASES OR BONUSES MUST BE APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES AND FINANCIAL INFORMATION ARE AVAILABLE UPON REQUEST. CASA MILAGRO LLC 101 CHURCH ST STE 4 LOS GATOS CA 95030 870771651 REAL ESTATE AND PROPERTY OWNERSHIP CA 4748754 41571238 BAY AREA HOUSING CORPORATION MAS MILAGROS LLC 101 CHURCH ST STE 4 LOS GATOS CA 95030 274336516 REAL ESTATE AND PROPERTY OWNERSHIP CA 113509 3534841 BAY AREA HOUSING CORPORATION