Civic Intelligence

Two Valleys Community Land Trust

EIN 68-0004389 • 501(c)3 • Woodacre, CA

Profile

The mission of the two valleys community land trust is to create, preserve and manage affordable housing in the san geronimo valley and beyond.

PO Box 152Woodacre, CA 94973

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.98x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

9.59x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

8th percentile

-40%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-6.2%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-19%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$3,049,782

Down $201,168 (-6.2%) from 2023

Liabilities

Down

$2,983,699

Down $75,785 (-2.5%) from 2023

Net Assets

Down

$66,083

Down $125,383 (-65%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin8th percentile

Revenue

Down

$310,966

Down $74,834 (-19%) from 2023

Expenses

Down

$436,353

Down $5,028 (-1.1%) from 2023

Net Income

Down

-$125,387

Down $69,806 (-126%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth20th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $303,575Liabilities 2012: $264,0702012Assets 2013: $287,148Liabilities 2013: $260,6182013Assets 2014: $275,796Liabilities 2014: $257,7962014Assets 2015: $2,215,118Liabilities 2015: $2,131,554Net Assets 2015: $83,5642015Assets 2016: $2,549,037Liabilities 2016: $2,435,738Net Assets 2016: $113,2992016Assets 2017: $2,584,515Liabilities 2017: $2,486,091Net Assets 2017: $98,4242017Assets 2018: $2,539,835Liabilities 2018: $2,367,157Net Assets 2018: $172,6782018Assets 2019: $2,557,744Liabilities 2019: $2,337,171Net Assets 2019: $220,5732019Assets 2020: $2,539,107Liabilities 2020: $2,296,215Net Assets 2020: $242,8922020Assets 2021: $2,565,139Liabilities 2021: $2,268,784Net Assets 2021: $296,3552021Assets 2022: $2,488,906Liabilities 2022: $2,241,859Net Assets 2022: $247,0472022Assets 2023: $3,250,950Liabilities 2023: $3,059,484Net Assets 2023: $191,4662023Assets 2024: $3,049,782Liabilities 2024: $2,983,699Net Assets 2024: $66,0832024

Highlighted filing

2024

Assets$3,049,782
Liabilities$2,983,699
Net Assets$66,083
Open 2024 Filing

Operations Trend

Revenue Growth15th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2012: $41,400Expenses 2012: $52,996Net Income 2012: -$11,5962012Revenue 2013: $41,400Expenses 2013: $54,375Net Income 2013: -$12,9752013Revenue 2014: $57,146Expenses 2014: $65,676Net Income 2014: -$8,5302014Revenue 2015: $192,935Expenses 2015: $122,399Net Income 2015: $70,5362015Revenue 2016: $199,646Expenses 2016: $169,911Net Income 2016: $29,7352016Revenue 2017: $224,845Expenses 2017: $239,720Net Income 2017: -$14,8752017Revenue 2018: $301,233Expenses 2018: $254,629Net Income 2018: $46,6042018Revenue 2019: $358,709Expenses 2019: $310,814Net Income 2019: $47,8952019Revenue 2020: $276,740Expenses 2020: $250,221Net Income 2020: $26,5192020Revenue 2021: $315,173Expenses 2021: $261,710Net Income 2021: $53,4632021Revenue 2022: $293,697Expenses 2022: $341,505Net Income 2022: -$47,8082022Revenue 2023: $385,800Expenses 2023: $441,381Net Income 2023: -$55,5812023Revenue 2024: $310,966Expenses 2024: $436,353Net Income 2024: -$125,3872024

Highlighted filing

2024

Revenue$310,966
Expenses$436,353
Net Income-$125,387
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,049,782
Liabilities
$2,983,699
Net assets
$66,083
Revenue
$310,966
Expenses
$436,353
Net income
-$125,387
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$2.98$0.07$0.31$0.44$0.13
2023Detailed filing. Detailed filing data is available for this year.$3.25$3.06$0.19$0.39$0.44$0.06
2022Detailed filing. Detailed filing data is available for this year.$2.49$2.24$0.25$0.29$0.34$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.57$2.27$0.30$0.32$0.26$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.54$2.30$0.24$0.28$0.25$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.56$2.34$0.22$0.36$0.31$0.05
2018Detailed filing. Detailed filing data is available for this year.$2.54$2.37$0.17$0.30$0.25$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.58$2.49$0.10$0.22$0.24$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.55$2.44$0.11$0.20$0.17$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.22$2.13$0.08$0.19$0.12$0.07
2014Summary only. Only limited summary data is available for this year.$0.28$0.26$0.06$0.07$0.01
2013Summary only. Only limited summary data is available for this year.$0.29$0.26$0.04$0.05$0.01
2012Summary only. Only limited summary data is available for this year.$0.30$0.26$0.04$0.05$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 11, 2025
Return Version
2024v5.2
Gross Receipts
$310,966
Mission and Program Overview

Mission

The mission of the san geronimo valley affordable housing association is to create, preserve and manage affordable housing in the san geronimo valley and beyond.

The mission of the Two Valleys Community Land Trust is to create, preserve and manage affordable housing in the San Geronimo Valley and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,992,091$2,929,260▼ $62,831
Savings and Temporary Cash Investments$62,053$62,096▲ $43
Cash and Non-Interest-Bearing Accounts$189,411$54,954▼ $134,457
Accounts Receivable$6,595$2,671▼ $3,924
Prepaid Expenses and Deferred Charges$800$801▲ $1
Total Assets$3,250,950$3,049,782▼ $201,168
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,049,704$2,974,726▼ $74,978
Accounts Payable and Accrued Expenses$6,195$5,388▼ $807
Other Liabilities$3,585$3,585→ $0
Total Liabilities$3,059,484$2,983,699▼ $75,785
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$191,466$66,083▼ $125,383
Total Net Assets Fund Balance$191,466$66,083▼ $125,383
Total Liabilities and Net Assets / Fund Balance$3,250,950$3,049,782▼ $201,168

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$884,260$646,886-
Land$2,045,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Kit KraussChair
Laura ShermanVice Chair
Janet HughesDirector
Joe WalshDirector
Suzanne SadowskyDirector
Tammy NewcombDirector
Tobias GreenDirector
Howie CortSecretary
Louis RosenbaumTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$73,490
Program Service Revenue
$228,855
Investment Income
$43
Other Revenue
$8,578
All Other Contributions
$73,490
Change in Net Assets
$-125,387

Audited Revenue Reconciliation

Revenue per Audited Statements
$310,966
Total Revenue per Audited Statements
$310,966
Total Revenue per Form 990
$310,966
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$342,149
Salaries, Compensation, and Employee Benefits$94,204
Total Fundraising Expense$395
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$23,040$61,620$0$84,660
Interest$66,289$69$0$66,358
Depreciation Depletion$62,833$0$0$62,833
Occupancy$46,641$0$0$46,641
Fees for Services Accounting$12,890$20,448$0$33,338
Insurance$9,060$4,219$0$13,279
Fees for Services Other$12,602$0$0$12,602
Other Expenses$11,074$0$0$11,074
All Other Expenses$6,347$3,033$395$9,775
Office Expenses$1,177$6,400$0$7,577
Payroll Taxes$1,987$4,913$0$6,900
Travel$884$2,369$0$3,253
Other Employee Benefits$0$2,644$0$2,644
Total Functional Expenses$330,302$105,656$395$436,353

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$436,353
Total Expenses per Audited Statements$436,353
Total Expenses per Form 990$436,353
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$3,585
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Two Valleys Community Land Trust
EIN
68-0004389
Phone
4154884890
Address
PO Box 152, Woodacre, CA 94973

Signing Officer

Name
Kit Krauss
Title
Board Chair
Phone
4154884890
Signed
2025-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kit Krauss
Formed
1983
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
4
Volunteers
0

Preparer

Firm
Hiep Pham CPA Inc
Address
41041 Trimboli Way 1926, Fremont, CA 94538
Preparer
Hiep Pham
Phone
5107897736
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Review will be conducted by the Board.”

Pt VI, Line 19

“Documents are available to the public.”

Financial Statement Notes

Pt X, Line 2

“The Association is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Association is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Association has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Association adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Association has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Association believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Associations financial condition, results of operations, or cash flows. Accordingly, the Association has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.”

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IRS990/Desc0Sage Lane Sage Lane has three shared housing units rented to six low-income seniors built as part of the French Ranch Development. Mobile Home Park The Mobile Home Park on Sir Francis Drake Blvd. has 19 owner-occupied spaces, and 1 affordable rental. The Park was acquired by the County of Marin in December 2014 to preserve it for use as long term affordable housing in the Valley. The Association agreed to become a partner in the project in October 2014. The Association began managing the Park when the County assumed ownership, and on December 23, 2015, the Association acquired the Park and began a major rehab project. Rehab Project The Park has a Rehab budget of $859,040 which will include a new water system, wastewater system, paving, electrical and fencing repairs, a new common building and area and landscaping. Sir Francis Drake Blvd On March 30, 2024, the Association purchased real property with 3 units of low income housing on Sir Francis Drake Boulevard in Forest Knolls.
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IRS990/OccupancyGrp/ProgramServicesAmt046641
IRS990/OccupancyGrp/TotalAmt046641
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06400
IRS990/OfficeExpensesGrp/ProgramServicesAmt01177
IRS990/OfficeExpensesGrp/TotalAmt07577
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02644
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02644
IRS990/OtherExpensesGrp/Desc0Improvements
IRS990/OtherExpensesGrp/Desc1Property Tax
IRS990/OtherExpensesGrp/Desc2Homeowners Dues
IRS990/OtherExpensesGrp/Desc3Repairs and Maintenance
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1-59
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt048096
IRS990/OtherExpensesGrp/ProgramServicesAmt116798
IRS990/OtherExpensesGrp/ProgramServicesAmt210584
IRS990/OtherExpensesGrp/ProgramServicesAmt311074
IRS990/OtherExpensesGrp/TotalAmt048096
IRS990/OtherExpensesGrp/TotalAmt116739
IRS990/OtherExpensesGrp/TotalAmt210584
IRS990/OtherExpensesGrp/TotalAmt311074
IRS990/OtherLiabilitiesGrp/BOYAmt03585
IRS990/OtherLiabilitiesGrp/EOYAmt03585
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0Other Income
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08578
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08578
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt08578
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt061620
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt023040
IRS990/OtherSalariesAndWagesGrp/TotalAmt084660
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04913
IRS990/PayrollTaxesGrp/ProgramServicesAmt01987
IRS990/PayrollTaxesGrp/TotalAmt06900
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0800
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0801
IRS990/PrincipalOfficerNm0Kit Krauss
IRS990/PriorPeriodAdjustmentsAmt04
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0Rent Income
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0228855
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0160079
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt043
IRS990/PYOtherExpensesAmt0347913
IRS990/PYProgramServiceRevenueAmt0225678
IRS990/PYRevenuesLessExpensesAmt0-55581
IRS990/PYSalariesCompEmpBnftPaidAmt093468
IRS990/PYTotalExpensesAmt0441381
IRS990/PYTotalRevenueAmt0385800
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-125387
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0228855
IRS990/SavingsAndTempCashInvstGrp/BOYAmt062053
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062096
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Other Income 2024: 8578.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt073490
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0160079
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt071434
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt096957
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt058701
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0460661
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt043
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt043
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0228855
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0225721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0222263
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0218216
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0218039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01113094
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt043
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt043
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt08578
IRS990ScheduleA/OtherIncome509Grp/TotalAmt08578
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99140
IRS990ScheduleA/PublicSupportPY509Pct00.99690
IRS990ScheduleA/PublicSupportTotal509Amt01568755
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt05000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0302345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0385800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0293697
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0315173
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0276740
IRS990ScheduleA/Total509Grp/TotalAmt01573755
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01582376
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0884260
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0646886
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01531146
IRS990ScheduleD/ExpensesSubtotalAmt0436353
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02045000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt02045000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03585
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Deposits
IRS990ScheduleD/RevenueSubtotalAmt0310966
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Association is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code. The Association is also exempt from California franchise taxes under Section 23701(d) of the Revenue and Taxation Code and, therefore, has made no provision for Federal or California income taxes. Contributors, donors, and grantors may obtain tax benefits. In addition, the Association has been determined by the Internal Revenue Service not to be a private foundation within the meaning of Section 509(a) of the Code. The Association adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-thannot be sustained upon examination by taxing authorities. The Association has analyzed tax positions taken for filing with the Internal Revenue Service and all state jurisdictions where it operates. The Association believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect on the Associations financial condition, results of operations, or cash flows. Accordingly, the Association has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The Association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02929260
IRS990ScheduleD/TotalExpensesPerForm990Amt0436353
IRS990ScheduleD/TotalLiabilityAmt03585
IRS990ScheduleD/TotalRevenuePerForm990Amt0310966
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0310966
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0436353
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Review will be conducted by the Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03250950
IRS990/TotalAssetsEOYAmt03049782
IRS990/TotalAssetsGrp/BOYAmt03250950
IRS990/TotalAssetsGrp/EOYAmt03049782
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt073490
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0395
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105656
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0330302
IRS990/TotalFunctionalExpensesGrp/TotalAmt0436353
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03059484
IRS990/TotalLiabilitiesEOYAmt02983699
IRS990/TotalLiabilitiesGrp/BOYAmt03059484
IRS990/TotalLiabilitiesGrp/EOYAmt02983699
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0191466
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt066083
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0330302
IRS990/TotalProgramServiceRevenueAmt0228855

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