2026-04-22T18:58:01-04:00 2025-06-30 770562781 THE FINANCIAL DREAM TEAM USA 1671 MARKDALE LN LINCOLN CA 95648 990 2024-07-01 800356346 AFRICAN AMERICAN CULTURAL CENTER % CAROL R DIXON AFRI 4089106958 1900 THE ALAMEDA STE 500 SAN JOSE CA 95126 CAROL R DIXON PRESIDENT 4089106958 2026-04-24 true true D LEON CLINTON P02170872 4087789651 2026-04-22 2024 2025-03-06 01:10:19Z 85209 false X SVAFRICANAMERICANCULTURALCENTER.ORG X 2008 CA CREATING, DEVELOPING AND BUILDING THE NEW AFRICAN-AMERICAN COMMUNITY SERVICE AGENCY PROJECT - AN AFFORDABLE HOUSING MIXED USE DEVELOPMENT WHICH WILL INCLUDE A COMMUNITY SERVICE AGENCY, COMMUNITY HEALTH CLINICS, ADULT AND FAMILY SERVICES, AND OTHER RELATED PROGRAMS. 9 9 1 9 0 0 3742075 50 0 26409 85159 0 3768484 85209 0 0 135784 130799 0 46855 284317 327913 420101 458712 3348383 -373503 5273694 4867313 302861 269983 4970833 4597330 CREATING, DEVELOPING AND BUILDING THE NEW AFRICAN-AMERICAN COMMUNITY SERVICE AGENCY PROJECT - AN AFFORDABLE HOUSING MIXED USE DEVELOPMENT WHICH WILL INCLUDE A COMMUNITY SERVICE AGENCY, COMMUNITY HEALTH CLINICS, ADULT AND FAMILY SERVICES, AND OTHER RELATED PROGRAMS. false false 212072 50 LAND AND BUILDING DEVELOPMENT FOR HOUSING AND COMMUNITY CENTER 212072 true false false false false false false false false false true true false false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 10 0 true 1 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true false true true false false false CA X CAROL R DIXON 4089106958 1900 THE ALAMEDA STE 500 SAN JOSE CA 95126 WALTER WILSON DIRECTOR 40.00 0.00 X 125000 0 0 JOANNA FARRIS DIRECTOR 0.00 0.00 X 0 0 0 RICH ROBINSON VICE-PRESIDENT 0.00 0.00 X X 0 0 0 GALE SIMMONS SECRETARY 0.00 0.00 X X 0 0 0 EMEKA NWADIBIA DIRECTOR 0.00 0.00 X 0 0 0 ANEITA GAGE TREASURER 0.00 0.00 X X 0 0 0 CHRISTINA LEWIS DIRECTOR 0.00 0.00 X 0 0 0 CAROL R DIXON PRESIDENT 0.00 0.00 X X 0 0 0 AILEEN CASANAVE DIRECTOR 0.00 0.00 X 0 0 0 125000 0 0 1 false false false 50 50 85159 85159 0 85209 85159 0 0 X 125000 87500 18750 18750 5073 3551 761 761 726 508 109 109 32503 28029 4474 81000 81000 102294 92484 9810 32236 5001 27235 856 856 7727 7727 57193 57193 6705 6705 5454 5454 1945 1945 458712 212072 199785 46855 X 30779 69083 1199393 2784543 3000000 4384 809645 15002 780097 794643 1000000 263425 214660 5273694 4867313 26629 38347 276232 231636 302861 269983 X 884608 774191 4086225 3823139 4970833 4597330 5273694 4867313 -373503 0 X false true X true false X 575048 1081100 3742075 50 5398273 575048 1081100 3742075 50 5398273 0 0 0 0 0 0 5398273 1 3190 26409 85159 114759 1 3190 26409 85159 114759 0 575049 1084290 3768484 85209 5513032 0.97920 0.99810 0.02000 0.00000 X 784042 784042 25603 15002 10601 794643 CERTIFICATE OF DEPOSIT 1000000 C 1000000 CURRENT PORTION OF LEASE LIABILITY 55721 LEASE LIABILITY, NET OF CURRENT 175915 231636 85209 85209 85209 458712 458712 458712 Form 990 governing body review Part VI line 11 COPY OF RETURN PROVIDED TO ORGANIZATIONS BOARD PRIOR TO FILING. Governing documents etc available to public Part VI line 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE GENERAL PUBLIC MAY CONTACT THE ORGANIZATION VIA CONTACT INFORMATION PRESENTED ON THE ORGANIZATIONS WEBSITE TO MAKE THEIR REQUEST. List of other fees for services expenses Part IX line 11g THE ORGANIZATION INCURRED EXPENSES TOTALING $92,484 REPORTED ON PART IX, LINE 11G, WHICH REPRESENTS MORE THAN 10% OF TOTAL FUNCTIONAL EXPENSES. THESE FEES WERE PAID TO THIRD-PARTY PROFESSIONAL CONSULTANTS FOR SERVICES RELATED TO THE DEVELOPMENT AND PLANNING OF THE SILICON VALLEY AFRICAN AMERICAN LOW INCOME HOUSING AND CULTURAL CENTER PROJECT. SPECIFIC SERVICES INCLUDED TRAFFIC ENGINEERING, ENVIRONMENTAL ASSESSMENT, AND PROJECT MANAGEMENT/PLANNING. THESE SERVICES ARE ESSENTIAL TO THE ORGANIZATIONS LONG-TERM GOAL OF DEVELOPING A STATE OF THE ART LOW INCOME HOUSING FACILITY AND COMMUNITY CENTER. ALL CONSULTANTS WERE INDEPENDENT CONTRACTORS, AND FEES WERE DETERMINED TO BE AT FAIR MARKET VALUE. Balance Sheet Part X PART X, LINE 15 BEGINNING BALANCE WAS ADJUSTED TO RECLASSIFY $5,000 IN SECURITY DEPOSITS FROM PREPAID EXPENSES (LINE 9) TO OTHER ASSETS (LINE 15) TO BETTER REFLECT THE LONG-TERM NATURE OF THE ASSET. TOTAL ASSETS BALANCE AND NET ASSETS BALANCES WERE NOT AFFECTED BY THIS CHANGE.