2026-06-24T16:46:31-07:00 2025-12-31 472406890 MITCHELL & ASSOCIATES LLP 333 N LANTANA ST STE 265 CAMARILLO CA 93010 990 2025-01-01 453191747 Housing Trust Fund Ventura County HOUS 8053841144 360 Mobil Avenue Camarillo CA 930106449 Linda Braunschweiger CEO 8053841144 2026-02-24 true David E Mitchell P00748205 8054457121 2026-05-12 2025 2025-03-06 01:10:19Z X Linda Braunschweiger 360 Mobil Avenue Sutie 213A Camarillo CA 93010 1868984 false X www.housingtrustfundvc.org X 2011 CA To support more housing choices by generating and leveraging financial resources, working in partnership with the public, private, and non-profit sectors throughout Ventura County. 19 19 3 0 0 0 221532 794621 38850 661154 712895 276054 80150 74547 1053427 1806376 50000 51000 0 356313 409703 0 121942 468828 704440 875141 1165143 178286 641233 23607119 25573965 8778822 10104435 14828297 15469530 To support more housing choices by generating and leveraging financial resources, working in partnership with the public, private, and non-profit sectors throughout Ventura County. false false 804442 50000 1884945 The primary program of HTFVC is a revolving loan fund for the development of affordable housing. The revolving loan fund is comprised of public, private and charitable funds. For-profit and non-profit developers may apply for loans to fill gaps in predevopment, acquisition/rehabilitation and construction loans for new afforable housing units in Ventura County. Revolving loan funds are obtained through a number of sources: Local government contributions, County of Ventura, State of California, Proposition 1 Local Housing Trust Fund matching grant, corporate grants, private charitable grants, and individual donations. 804442 true true false false false false false false false false true false false true true false true false false false false false false false true false false true false true false false false true false false false false false false false false false true false false false true 0 0 3 true false false false false false true true false false false false false false false X 19 19 false false false false false false false true true false false true true true true true true true true false CA X X Linda Braunschweiger 8053841144 360 Mobil Avenue Suite 213A Camarillo CA 93010 Ken Trigueiro Chair 3.00 X X 0 0 0 Elenore Vaughn Vice-Chair 3.00 X X 0 0 0 Karen Flock Treasurer 3.00 X X 0 0 0 Derrick Wada Secretary 3.00 X X 0 0 0 Tracy McAulay Former Chair 3.00 X X 0 0 0 Dawn Dyer Chair Emeritus 3.00 X X 0 0 0 Mary Ann Krause Advisor 2.00 X 0 0 0 Elsa Brown Board Member 2.00 X 0 0 0 Maruja Clensay Board Member 2.00 X 0 0 0 Garry Collett Board Member 2.00 X 0 0 0 Angel Garcia Board Member 2.00 X 0 0 0 Sarah McCarthy-Garcia Board Member 2.00 X 0 0 0 Anthony Mireles Board Member 2.00 X 0 0 0 Sean Morreale Board Member 2.00 X 0 0 0 Cathi Nye Board Member 2.00 X 0 0 0 Lynn Oshita Board Member 2.00 X 0 0 0 Stratis Perros Board Member 2.00 X 0 0 0 Mark Pettit Board Member 2.00 X 0 0 0 Alex Russell Board Member 2.00 X 0 0 0 Linda Braunschweiger CEO 40.00 X 176069 0 0 176069 0 0 1 false true false 37050 757571 3890 794621 Board Dues 900099 9500 0 0 Application Fees 900099 4000 0 0 Documentation Fees 900099 2500 0 0 Loan Origination Fee 900099 38665 0 0 Loan Interest Earned 900099 601989 0 0 4500 0 0 661154 276054 0 276054 137155 37050 62608 74547 0 74547 1806376 661154 0 350601 51000 51000 176069 88034 35214 52821 204110 124659 57311 22140 29524 16518 7185 5821 8747 8747 0 0 78766 10860 64286 3620 6500 6500 0 0 97433 69819 124 27490 21508 0 21508 0 15628 14065 0 1563 9508 6927 272 2309 322776 322776 0 0 944 0 944 0 6291 81 6210 0 Bank and Loan Fees 17360 12417 4943 0 Office Telephone/Internet 1833 1558 0 275 Office Supplies 1917 0 1917 0 Membership dues 8376 8146 230 0 106853 60332 40618 5903 1165143 802439 240762 121942 652847 721910 11764099 6246256 495983 180193 2500000 5000000 6012 12631 888290 6290 882944 882000 7305234 12530975 23607119 25573965 21073 21591 76095 8757749 10006749 8778822 10104435 X 11590051 12888684 3238246 2580846 14828297 15469530 23607119 25573965 641233 X false true X true false X 0 2457681 5555848 3658799 863393 1006903 13542624 0 0 2457681 5555848 3658799 863393 1006903 13542624 0 13542624 136565 258693 500196 712895 878043 2486392 0 0 16029016 0.84490 0.88050 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 882000 882000 6290 6290 0 882000 Aspire Apartments Loan Receivable 250000 Aspire Loan Receivable 1100000 Aspire Pre-Dev #2 Loan Receivable 750000 Rancho Sierra Loan Receivable 4430975 Arrive Ventura Loan Receivable 1000000 Valentine Project Loan Receivable 5000000 12530975 McCune Foundation Loan 250000 Pacific Western Bank Loan 1000000 Bank of the Sierra LOC 1000000 CBC Federal Credit Union Loan 500000 Community West Bank LOC 756749 Mission Bank LOC 1000000 US Bank EQ2 Loan 500000 Mechanics EQ2 Loan 1500000 MB&T LOC 1500000 Brokaw Ranch Co Loan 500000 Weingart Foundation Loan 1500000 10006749 1937394 15960 115058 131018 1806376 1806376 1207163 15960 26060 42020 1165143 1165143 Pt XI, Line 2d A difference of $115,058 was reported between the consolidated audited financials and Form 990. $62,608 of this represents direct fundraising expenses reported on Part VIII Line 8b that were included as expenses on the consolidated audited financial statements. The remaining $52,450 represents revenue from a supporting nonprofit included as part of the principles of consolidation. Pt XII, Line 2d A difference of $26,060 was reported between the consolidated audited financials and Form 990. $62,608 of expenses reported on the consolidated audited financials statements were reported as direct fundraising expenses on Part VIII Line 8b. The $36,548 remaining difference represents expenses from a supporting nonprofit included as part of the principles of consolidation. Compassion Campaign 137155 137155 62608 137155 137155 62608 62608 74547 true Housing Land Trust Ventura County 360 Mobil Avenue Suite 213A Camarillo CA 93010 854294831 501(c)3 50000 33214 FMV Payroll General 1 Pt I Line 2 One grant was provided to a related party organization. X false false false false false false false false false Linda Braunschweiger 176069 0 0 0 0 0 0 0 0 0 176069 0 0 0 People's Self-Help H Related Party Program Services X 3500000 3500000 false true true Topa Vista Villas LP Related Party Program Services X 1500000 1500000 false true true 5000000 People's Self-Help Housing Corporat Related Party 9059 IT Services false People's Self-Help Housing Corporat Related Party 83425 Loan Interest Income false Topa Vista Villas LP Related Party 68630 Loan Interest Income false Part II Line 1 HTFVC entered into three loan agreements with a related party to assist with funding affordable housing. The first loan of $1M, with an interest rate of 4%, will mature on October 26, 2026. During 2025, two new loans were issued with the related party in the amount of $1M and $1.5M. Both loans have an interest rate of 5% and will mature on August 25, 2028 and December 16, 2028, respectively. Part II Line 2 During 2025, HTFVC entered into a loan agreement with a related party to assist with funding affordable housing. The $1.5M loan has an interest rate of 5% and will mature on January 23, 2028. Part IV Line 1 A related party provided IT services to HTFVC in the amount of $9,059. Pt VI, Line 11b The Form 990 goes through a review process by the governing body prior to filing with the Internal Revenue Service. Pt VI, Line 12c The Organization monitors its conflict of interest policy through annual update and review process. Pt VI, Line 15a A formal executive committee and Board approval is obtained as to all compensation related issues. Pt VI, Line 15b A formal executive committee and Board approval is obtained as to all compensation related issues. Pt VI, Line 19 Governing documents and policies and financial statements are available upon request. Lending program policies and procedures are on the HTFVC website. Board meeting agendas and minutes are on the website. Other Amended Tax Return Explanation: The number of voting members and independent voting members was corrected from 21 to 19 on Part 1 Summary, Lines 3 and 4, and Part VI, Section A, lines 1a and 1b. Additional information was added to Schedule L. Reclassifications were made to Part VIII, Lines 1c, 2a, 2b, 2c, 2d, 2e, 3, 8a, 8b, 8c, and 12. Reclassifications were made to Part IX Lines 16, 19, and 25. Reclassifications were made to Part X Lines 1, 2, 6 and 15. Reclassifications were made to Schedule D Part XI Line 2D, and Part XII, Line 2D. Housing Land Trust Ventura County 360 Mobil Avenue Suite 213A Camarillo CA 93010 854294831 Supporting Non-Profit CA 501(c)(3) 509(a)(3) Housing Trust Fund Ventura County false false true false false false false false false false false false false false false true false false false false Housing Land Trust Ventura County b 50000 Cost Housing Land Trust Ventura County o 32429 Allocated Amount