2026-03-06T13:03:42-06:00 2025-06-30 943108253 NOVOGRADAC AND COMPANY LLP 3025 NORTH WOOSTER AVENUE DOVER OH 44622 990 2024-07-01 851207604 NEW HORIZONS AFFORDABLE HOUSING & DEVELOPMENT INC NEWH 8314545908 2160 41ST AVENUE CAPITOLA CA 95010 JENNIFER PANETTA EXECUTIVE DIRECTOR 8314545908 2026-03-06 1 1 KARIE MCMILLEN P01891249 3303655400 2024 2025-03-06 01:10:19Z JENNIFER PANETTA 2160 41ST AVENUE CAPITOLA CA 95010 12935994 0 X HACOSANTACRUZ.ORG X 2019 CA TO ACQUIRE, PROVIDE, DEVELOP, FINANCE, REHABILITATE, OWN AND OPERATE DECENT, SAFE AND SANITARY HOUSING AFFORDABLE TO PERSONS AND HOUSEHOLDS OF LOW INCOME. 7 7 0 0 0 0 0 550000 9511086 11037794 808742 1348200 0 0 10319828 12935994 0 0 0 0 0 0 0 0 0 2952537 5060806 2952537 5060806 7367291 7875188 45527066 45754879 17060679 30355100 28466387 15399779 TO ACQUIRE, PROVIDE, DEVELOP, FINANCE, REHABILITATE, OWN AND OPERATE DECENT, SAFE AND SANITARY HOUSING AFFORDABLE TO PERSONS AND HOUSEHOLDS OF LOW INCOME. 0 0 2895448 11037794 TO PROVIDE AFFORDABLE HOUSING TO PERSONS AND HOUSEHOLDS OF LOW INCOME. 2895448 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X JENNIFER PANETTA 8314545908 2160 41ST AVENUE CAPITOLA CA 95010 JENNIFER PANETTA EXECUTIVE DIRECTOR 1.00 40.00 X X 0 299752 0 AARON POMEROY FINANCE DIRECTOR 1.00 40.00 X X 0 124913 0 ANDY SCHIFFRIN COMMISSIONER 1.00 X 0 0 0 CAROL BERG COMMISSIONER 1.00 X 0 0 0 ANNETTE MELENDREZ VICE CHAIRPERSON 1.00 X 0 0 0 LIGAYA ELIGIO COMMISSIONER 1.00 X 0 0 0 RICHARD SCHMALE COMMISSIONER 1.00 X 0 0 0 PROVIDENCE MARTINEZ ALANIZ CHAIRPERSON 1.00 X 0 0 0 SILVIA MORALES COMMISSIONER 1.00 X 0 0 0 MARSHALL CROCKETT FINANCE DIRECTOR 1.00 X 0 46376 0 0 471041 0 0 0 1 0 0 550000 550000 PROGRAM RENTAL INCOME 531110 10859257 10859257 OTHER TENANT INCOME 531390 178537 178537 11037794 1348200 1348200 12935994 11037794 0 1348200 1980124 1980124 29349 29349 36790 36790 840 840 76043 76043 487332 487332 8428 7585 843 426843 426843 386726 386726 303336 273002 30334 REPAIRS AND MAINTENANCE 978033 978033 TENANT SERVICES 154423 154423 MISC EXPENSES 110352 99317 11035 REAL ESTATE TAXES 42608 42608 39579 39579 5060806 2895448 2165358 0 28249308 22844837 25809 23664 112072 503375 22596408 795044 7818046 21801364 9321831 581639 45527066 45754879 1277444 218070 1806 587 8065157 29246600 7716272 889843 17060679 30355100 X 28466387 15399779 28466387 15399779 45527066 45754879 X 7875188 -20941796 X X 0 1 X 1 0 X X X 1 HOUSING AUTHORITY OF THE COUNTY OF SANTA CRUZ 941699385 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5178101 5178101 17398937 792946 16605991 19370 2098 17272 21801364 ACCRUED INTEREST 426423 TENANT SECURITY DEPOSITS 260781 NOTE PAYABLE - SANTA CRUZ HOUSING AUTHORITY 200000 ACCRUED COMPENSATED ABSENCES 2639 889843 X 12935994 0 12935994 0 12935994 5060806 0 5060806 0 5060806 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT TAXED ON INCOME DERIVED FROM ITS EXEMPT FUNCTIONS. HOWEVER, THE ORGANIZATION IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, WHICH IS GENERATED FROM THE ORGANIZATION'S INVESTMENT INCOME AND OTHER ACTIVITIES NOT RELATED TO THEIR STATED EXEMPT PURPOSES. THE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY 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, INCLUDING CHANGES TO THE ORGANIZATION'S STATUS AS A NOT-FOR-PROFIT ENTITY. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEARS OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE THE 2021, 2022 AND 2023 TAX YEARS. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS MET THE REQUIREMENTS TO MAINTAIN ITS TAX-EXEMPT STATUS, HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. 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. 0 0 0 0 0 0 0 0 0 JENNIFER PANETTA EXECUTIVE DIRECTOR 0 299752 0 0 0 0 0 0 0 0 0 299752 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE REQUESTED FROM THE BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER FROM HOUSING AUTHORITY -20,941,796. FORM 990, PART XII, LINE 2C NO CHANGES IN PROCESSES FROM PRIOR YEAR TO CURRENT YEAR HOUSING AUTHORITY OF THE COUNY OF SANTA CRUZ 2160 41ST AVENUE CAPITOLA CA 95010 941699385 HOUSING CA EXEMPT 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1