Civic Intelligence

Esperanza Housing and Community Development Corporation

990 • Fiscal year 2019 • EIN 33-0515218

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 18, 2020

3111 Camino Del Rio North Ste 800San Diego, CA 92108

(619) 282-6647

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.11x

Higher debt load relative to assets than 32% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

27th percentile

0.15x

Higher debt load relative to revenue than 27% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

98th percentile

82%

Higher net margin than 98% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

33rd percentile

$258,421

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

14th percentile

-3.5%

Faster asset growth than 14% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

471%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Down

$50,135,803

Down $1,812,579 (-3.5%) from 2018

Net Assets

Up

$44,400,233

Up $33,232,365 (+298%) from 2018

Liabilities

Down

$5,735,570

Down $35,044,944 (-86%) from 2018

Revenue

Up

$37,987,016

Up $31,333,236 (+471%) from 2018

Expenses

Up

$6,818,714

Up $2,163,666 (+46%) from 2018

Net Income

Up

$31,168,302

Up $29,169,570 (+1459%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$150M$100M$50M$0Assets 2016: $4,088,585Liabilities 2016: $0Net Assets 2016: $4,088,5852016Assets 2017: $51,819,330Liabilities 2017: $40,281,637Net Assets 2017: $11,537,6932017Assets 2018: $51,948,382Liabilities 2018: $40,780,514Net Assets 2018: $11,167,8682018Assets 2019: $50,135,803Liabilities 2019: $5,735,570Net Assets 2019: $44,400,2332019Assets 2020: $51,920,065Liabilities 2020: $4,568,271Net Assets 2020: $47,351,7942020Assets 2021: $51,473,357Liabilities 2021: $6,356,205Net Assets 2021: $45,117,1522021Assets 2022: $55,504,610Liabilities 2022: $3,845,336Net Assets 2022: $51,659,2742022Assets 2023: $171,394,736Liabilities 2023: $81,812,188Net Assets 2023: $89,582,5482023Assets 2024: $141,529,328Liabilities 2024: $67,295,338Net Assets 2024: $74,233,9902024

Highlighted filing

2019

Assets$50,135,803
Liabilities$5,735,570
Net Assets$44,400,233

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$20M$0-$20MRevenue 2016: $3,429,522Expenses 2016: $0Net Income 2016: $3,429,5222016Revenue 2017: $2,555,985Expenses 2017: $3,380,750Net Income 2017: -$824,7652017Revenue 2018: $6,653,780Expenses 2018: $4,655,048Net Income 2018: $1,998,7322018Revenue 2019: $37,987,016Expenses 2019: $6,818,714Net Income 2019: $31,168,3022019Revenue 2020: $835,773Expenses 2020: $3,677,955Net Income 2020: -$2,842,1822020Revenue 2021: $882,602Expenses 2021: $1,634,465Net Income 2021: -$751,8632021Revenue 2022: $1,058,745Expenses 2022: $3,573,634Net Income 2022: -$2,514,8892022Revenue 2023: $4,697,340Expenses 2023: $4,708,562Net Income 2023: -$11,2222023Revenue 2024: $4,499,496Expenses 2024: $11,094,153Net Income 2024: -$6,594,6572024

Highlighted filing

2019

Revenue$37,987,016
Expenses$6,818,714
Net Income$31,168,302
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 18, 2020
Return Version
2019v5.0
Gross Receipts
$73,766,069
Mission and Program Overview

Mission

To create affordable housing opportunities for low and moderate income persons, through development, ownership, acquisition, lending and investment and to promote community development to improve housing and economic conditions of the underprivileged.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$9,917,907$36,876,066▲ $26,958,159
Land, Buildings, and Equipment, Net$40,081,305$7,853,699▼ $32,227,606
Savings and Temporary Cash Investments$786,016$1,995,094▲ $1,209,078
Investments Program Related$-56,166$1,944,280▲ $2,000,446
Cash and Non-Interest-Bearing Accounts$404,182$1,242,490▲ $838,308
Prepaid Expenses and Deferred Charges$278,063$0▼ $278,063
Accounts Receivable$7,167$93,977▲ $86,810
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$51,948,382$50,135,803▼ $1,812,579
Other Assets Total$529,908$130,197▼ $399,711
Liabilities
Mortgage Notes Payable Secured by Investment Property$39,344,552$3,650,453▼ $35,694,099
Accounts Payable and Accrued Expenses$572,104$1,361,107▲ $789,003
Unsecured Notes Loans Payable$724,010$724,010→ $0
Other Liabilities$131,693--
Deferred Revenue$8,155--
Total Liabilities$40,780,514$5,735,570▼ $35,044,944
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,167,868$44,400,233▲ $33,232,365
Total Net Assets Fund Balance$11,167,868$44,400,233▲ $33,232,365
Total Liabilities and Net Assets / Fund Balance$51,948,382$50,135,803▼ $1,812,579

Asset Categories

AssetBook ValueDepreciationBasis
Land$4,872,477-$4,872,477
Equipment$2,494,286$415,714$2,910,000
Other Land Buildings$486,936-$486,936
Investment Program Related Org$1,944,280--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Susan ReynoldsPresident / CEO
Brian KayCFO
Robert GottliebSecretary
Stephen BakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,766,069
Investment Income
$34,220,947
Other Revenue
$0
Change in Net Assets
$31,168,302

Audited Revenue Reconciliation

Revenue per Audited Statements
$36,696,348
Revenue Not Reported on Financial Statements
$1,290,668
Other Revenue Adjustments
$1,290,668
Total Revenue per Audited Statements
$36,696,348
Total Revenue per Form 990
$37,987,016
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,818,714
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$3,743,918--$3,743,918
Payments to Affiliates$1,797,400--$1,797,400
Depreciation Depletion$1,277,396--$1,277,396
Total Functional Expenses$6,818,714$0$0$6,818,714

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,818,714
Total Expenses per Audited Statements$6,818,714
Total Expenses per Form 990$6,818,714
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

The organization has a contract with an unaffiliated property management company to manage the daily operations of all the apartment complexes.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is reviewed internally and then presented to the audit committee for review. All board members receive a copy of the 990 for review prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

In case of a conflict of interest issue, the board would review the situation. There have been no known conflicts of interest for the current tax year.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization will provide the governing documents, policies and financial statements to any person who requests this information in writing. This information can be obtained in the form of pdf documents.

Filing and Contact Details

Filer

Filer Name
Esperanza Housing and Community
EIN
33-0515218
Phone
6192826647
Address
3111 CAMINO DEL RIO NORTH STE 800, SAN DIEGO, CA 92108

Signing Officer

Name
Brian Kay
Title
CFO
Signed
2020-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Reynolds
Formed
1991
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
0

Preparer

Firm
Leaf & Cole LLP
Address
2810 Camino Del Rio South Suite 200, San Diego, CA 92108-3820
Preparer
Julie a Firl
Phone
6192947200
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

Passthrough income = -$1311834

Other Changes In Net Assets Or Fund Balances - Other Increases

Transfer of net assets = $3502897

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Organization believes that it appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. The Organization is not a private foundation.The Organization's Returns of Organization Exempt from Income Tax for the years ended December 31, 2019, 2018, 2017 and 2016 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

Loss on investment in ltd partnerships $1290668

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IRS990/Desc0Esperanza Housing and Community Development Corporation (Esperanza), a California Nonprofit Corporation, has partnership interests in 22 limited partnerships and is the sole member of Concord Sun Ridge, LLC, CHW Arden Way Development, LLC, CHW Las Haciendas Development, LLC and Wooster Ave, LLC. The limited partnerships are developed and operated by Community HousingWorks (CHW), a California Nonprofit Corporation, as affordable housing for low-income persons. Each of these limited partnership's file a separate partnership tax return Form 1065 (federal) and Form 565 (state). Esperanza's mission to develop housing for low-income persons and to promote community development to improve the housing and economic conditions of the underprivileged is fulfilled through its participation as a limited partner in these limited partnerships. Partnership Names:Arden Way Housing Associates,L.PBreihan Housing Associates, L.P. Cedar Road Housing Associates, L.P.CHW Ulric Street Development, L.P. Daybreak Housing Partnership Dove Family Housing Associates, L.P.Esperanza Gardens Apartments, L.P.Eucalyptus View Cooperative Housing Associates, L.P.Haley Ranch Estates Housing Associates, L.P. Kalmia Street Housing Associates, L.P.Linda Vista Housing Associates, L.P.Mission Grove Housing Associates, L.PMorningside Housing Associates, L.P.Nettleton Road Housing Associates, L.P. Orange Place Housing Associates, L.P.Royal Oaks Housing Associate, L.P.South Santa Fe Housing Associates, L.P.The Bowron Road Group Limited Partnership Tremont Street Apartments Limited PartnershipUlric Street Housing Associates, L.P.Windsor Gardens Housing Associates, L.P.Winona Gardens Housing Associates, L.P.During the year ended December 31, 2019 Esperanza was the sole member of four Limited Liability Corporations (LLC), Concord Sun Ridge, LLC, CHW Arden Way Development, LLC, CHW Las Haciendas Development, LLC. and Wooster Ave, LLC. Concord Sun Ridge, LLC provided financing for a low-income housing project in 2017. CHW Arden Way Development LLC. was formed in 2018 to acquire a low-income housing project. Esperanza will perform pre-development activites and then sell the land to the tax credit entity. CHW Las Haciendas Development LLC. was formed in 2019 to acquire a low-income housing project. Esperanza will perform pre-development activites and then sell the land to the tax credit entity. Wooster Ave, LLC operated a 201 unit low-income housing project located in San Jose, CA. Wooster Ave, LLC was sold on December 13, 2019. These LLC's have been consolidated into this 990 for the year ended December 31, 2019.
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IRS990/ProgramServiceRevenueGrp/Desc0OTHER TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc1PARTNERSHIP FEES
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM INCOME
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt027280
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt112570
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2280941
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt33445278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt027280
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt112570
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2280941
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt33445278
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02910000
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04655048
IRS990/PYOtherRevenueAmt037975
IRS990/PYProgramServiceRevenueAmt03705805
IRS990/PYRevenuesLessExpensesAmt01998732
IRS990/PYTotalExpensesAmt04655048
IRS990/PYTotalRevenueAmt06653780
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt031168302
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03766069
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0786016
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01995094
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt02910000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02910000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01949
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01949
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03153496
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt03705805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02539357
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03429522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012828180
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01949
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01949
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt027280
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt037975
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt014679
IRS990ScheduleA/OtherIncome509Grp/TotalAmt079934
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt015738180
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03153496
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06615805
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02539357
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03429522
IRS990ScheduleA/Total509Grp/TotalAmt015738180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03180776
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt06653780
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02555985
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03429522
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt015820063
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt02494286
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0415714
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02910000
IRS990ScheduleD/ExpensesSubtotalAmt06818714
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01944280
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS IN LIMITED PARTNERSHIPS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt04872477
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04872477
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0486936
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0486936
IRS990ScheduleD/OtherRevenuesNotIncludedAmt01290668
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt01290668
IRS990ScheduleD/RevenueSubtotalAmt036696348
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and Section 23701(d) of the California Revenue and Taxation Code. The Organization believes that it appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. The Organization is not a private foundation.The Organization's Returns of Organization Exempt from Income Tax for the years ended December 31, 2019, 2018, 2017 and 2016 are subject to examination by the Internal Revenue Service and State taxing authorities, generally three to four years after the returns were filed.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON INVESTMENT IN LTD PARTNERSHIPS $1290668
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07853699
IRS990ScheduleD/TotalExpensesPerForm990Amt06818714
IRS990ScheduleD/TotalRevenuePerForm990Amt037987016
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt036696348
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06818714
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt08000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0221296
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1246453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07328
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt111076
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt09132
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt1892
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Brian Kay
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Susan Reynolds
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1President / CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0245756
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1258421
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A CONTRACT WITH AN UNAFFILIATED PROPERTY MANAGEMENT COMPANY TO MANAGE THE DAILY OPERATIONS OF ALL THE APARTMENT COMPLEXES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED INTERNALLY AND THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW. ALL BOARD MEMBERS RECEIVE A COPY OF THE 990 FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN CASE OF A CONFLICT OF INTEREST ISSUE, THE BOARD WOULD REVIEW THE SITUATION. THERE HAVE BEEN NO KNOWN CONFLICTS OF INTEREST FOR THE CURRENT TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS TO ANY PERSON WHO REQUESTS THIS INFORMATION IN WRITING. THIS INFORMATION CAN BE OBTAINED IN THE FORM OF PDF DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PASSTHROUGH INCOME = -$1311834
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TRANSFER OF NET ASSETS = $3502897
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Changes In Net Assets Or Fund Balances - Other Decreases
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0ESPERANZA HOUSING & COMMUNITY DEV CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1ESPERANZA HOUSING & COMMUNITY DEV CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2ESPERANZA HOUSING & COMMUNITY DEV CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3ESPERANZA HOUSING & COMMUNITY DEV CORP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WOOSTER AVE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1CONCORD SUN RIDGE LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2CHW ARDEN WAY DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt3CHW Las Haciendas Development LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0814998322
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1810714244
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2330515218
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN3843145688
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt030365113
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt18743851
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt2995970
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt34378063
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CA
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IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd2CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd3CA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt3LOW INCOME HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt03505665
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1247834
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03111 CAMINO DEL RIO NORTH STE 800
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt13111 CAMINO DEL RIO NORTH STE 800
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt23111 CAMINO DEL RIO NORTH STE 800
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt33111 CAMINO DEL RIO NORTH STE 800
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0SAN DIEGO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1SAN DIEGO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm2SAN DIEGO

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