Civic Intelligence

Pahc Apartments Inc.

990 • Fiscal year 2018 • EIN 77-0267448

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 12, 2019

Organization ProfilePAH.COMMUNITY
2595 E Bayshore Road No 200Palo Alto, CA 94303

(650) 321-9709

Siviq Scores

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

Liabilities / Assets

66th percentile

0.40x

Higher debt load relative to assets than 66% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.54x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

64th percentile

$220,925

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 11.8% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

70th percentile

8.1%

Faster asset growth than 70% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

6th percentile

-45%

Faster revenue growth than 6% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$11,798,416

Up $882,563 (+8.1%) from 2017

Net Assets

Up

$7,056,148

Up $1,037,689 (+17%) from 2017

Liabilities

Down

$4,742,268

Down $155,126 (-3.2%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin87th percentile

Revenue

Down

$1,867,968

Down $1,505,835 (-45%) from 2017

Expenses

Up

$1,156,097

Up $147,119 (+15%) from 2017

Net Income

Down

$711,871

Down $1,652,954 (-70%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $6,873,529Liabilities 2011: $6,032,721Net Assets 2011: $840,8082011Assets 2012: $6,985,522Liabilities 2012: $5,810,920Net Assets 2012: $1,174,6022012Assets 2013: $7,014,417Liabilities 2013: $5,642,913Net Assets 2013: $1,371,5042013Assets 2014: $6,992,927Liabilities 2014: $5,348,961Net Assets 2014: $1,643,9662014Assets 2015: $7,208,654Liabilities 2015: $5,113,622Net Assets 2015: $2,095,0322015Assets 2016: $8,486,233Liabilities 2016: $4,832,599Net Assets 2016: $3,653,6342016Assets 2017: $10,915,853Liabilities 2017: $4,897,394Net Assets 2017: $6,018,4592017Assets 2018: $11,798,416Liabilities 2018: $4,742,268Net Assets 2018: $7,056,1482018Assets 2019: $13,871,343Liabilities 2019: $4,024,949Net Assets 2019: $9,846,3942019Assets 2020: $16,053,801Liabilities 2020: $3,104,046Net Assets 2020: $12,949,7552020Assets 2021: $13,784,459Liabilities 2021: $2,987,633Net Assets 2021: $10,796,8262021Assets 2022: $13,966,831Liabilities 2022: $2,814,776Net Assets 2022: $11,152,0552022Assets 2023: $13,980,509Liabilities 2023: $2,519,897Net Assets 2023: $11,460,6122023Assets 2024: $15,173,970Liabilities 2024: $2,613,439Net Assets 2024: $12,560,5312024

Highlighted filing

2018

Assets$11,798,416
Liabilities$4,742,268
Net Assets$7,056,148
Open 2018 Filing

Operations Trend

Revenue Growth6th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $1,098,798Expenses 2011: $988,066Net Income 2011: $110,7322011Revenue 2012: $1,280,809Expenses 2012: $947,015Net Income 2012: $333,7942012Revenue 2013: $1,252,423Expenses 2013: $1,055,521Net Income 2013: $196,9022013Revenue 2014: $1,261,417Expenses 2014: $988,955Net Income 2014: $272,4622014Revenue 2015: $1,449,407Expenses 2015: $998,341Net Income 2015: $451,0662015Revenue 2016: $2,576,965Expenses 2016: $1,018,363Net Income 2016: $1,558,6022016Revenue 2017: $3,373,803Expenses 2017: $1,008,978Net Income 2017: $2,364,8252017Revenue 2018: $1,867,968Expenses 2018: $1,156,097Net Income 2018: $711,8712018Revenue 2019: $3,941,276Expenses 2019: $1,151,030Net Income 2019: $2,790,2462019Revenue 2020: $4,226,914Expenses 2020: $1,123,553Net Income 2020: $3,103,3612020Revenue 2021: $4,161,477Expenses 2021: $6,314,406Net Income 2021: -$2,152,9292021Revenue 2022: $4,276,884Expenses 2022: $3,921,655Net Income 2022: $355,2292022Revenue 2023: $4,264,832Expenses 2023: $3,956,275Net Income 2023: $308,5572023Revenue 2024: $5,379,006Expenses 2024: $4,279,087Net Income 2024: $1,099,9192024

Highlighted filing

2018

Revenue$1,867,968
Expenses$1,156,097
Net Income$711,871
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 12, 2019
Return Version
2018v3.1
Gross Receipts
$1,867,968
Mission and Program Overview

Mission

To provide housing for low and moderate income persons and to lessen the burden of local government by developing and operating housing for low and moderate income persons within santa clara and san mateo counties.

Provision of decent affordable housing for low income individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$5,732,491$6,356,445▲ $623,954
Land, Buildings, and Equipment, Net$2,941,630$2,846,103▼ $95,527
Savings and Temporary Cash Investments$1,521,562$1,522,680▲ $1,118
Cash and Non-Interest-Bearing Accounts$162,911$134,750▼ $28,161
Prepaid Expenses and Deferred Charges$13,803$16,841▲ $3,038
Accounts Receivable$2,113$14,041▲ $11,928
Total Assets$11,225,448$11,798,416▲ $572,968
Other Assets Total$850,938$907,556▲ $56,618
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,538,045$3,358,089▼ $179,956
Other Liabilities$1,334,070$1,362,799▲ $28,729
Accounts Payable and Accrued Expenses$6,021$18,705▲ $12,684
Deferred Revenue$3,035$2,675▼ $360
Total Liabilities$4,881,171$4,742,268▼ $138,903
Net Assets / Fund Balance
Unrestricted Net Assets$6,344,277$7,056,148▲ $711,871
Total Net Assets Fund Balance$6,344,277$7,056,148▲ $711,871
Total Liabilities and Net Assets / Fund Balance$11,225,448$11,798,416▲ $572,968

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,466,947$5,145,789$6,612,736
Land$1,214,692-$1,214,692
Equipment$164,464$246,003$410,467
Investment Program Related Org$3,157,703--
Other Assets Org$52,363--
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleOtherTotal
Randal TsudaPresident & CEO$27,946$27,946

Board Members and Trustees

NameTitle
Sheryl KleinChair
Candice GonzalezPresident & CEO
Elizabeth RatnerVice Chair
Jessie WoodyardVice Chair
Joseph Martignetti JrVice Chair
Margaret SloanVice Chair
Alex RusoffDirector
David EastonDirector
Helene WheelerDirector
Jean DawesDirector
Jean MccownDirector
Karen RouttDirector
Mark MoragneDirector
Ronald HallDirector
Thomas JacobDirector
Quinsia MaCFO
Bonnie PackerSecretary
Lori SaitoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$217,127
Program Service Revenue
$1,644,127
Investment Income
$6,714
Other Revenue
$0
All Other Contributions
$217,127
Change in Net Assets
$711,871

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Secur Prtnrshp Trust Intrsts1$217,127Book Value
Total Noncash Contributions1$217,127-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,867,968
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,867,968
Total Revenue per Form 990
$1,867,968
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$916,414
Salaries, Compensation, and Employee Benefits$239,683
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$227,685--$227,685
Other Salaries and Wages$163,434--$163,434
Interest$128,190--$128,190
Fees for Services Management$5,068$102,485-$107,553
Other Employee Benefits$62,835--$62,835
All Other Expenses$34,804--$34,804
Insurance$32,066--$32,066
Fees for Services Accounting-$31,739-$31,739
Payroll Taxes$13,414--$13,414
Fees for Services Legal$12,684--$12,684
Other Expenses$11,982--$11,982
Office Expenses$10,934--$10,934
Fees for Services Other-$8,507-$8,507
Advertising$2,800--$2,800
Total Functional Expenses$1,013,366$142,731$0$1,156,097

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,156,097
Total Expenses per Audited Statements$1,156,097
Total Expenses per Form 990$1,156,097
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Note Payable Related-party$470,002
Accrued Interest Related-party$465,907
Due to Affiliates$321,684
Tenant Security Deposits$52,803
Accrued Interest Payable$52,403
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The staff and president & ceo reviews before filing. The tax return is also distributed to the board of directors prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization discourages employees from having any conflicts of interest. If there is a potential for conflict, employees discuss the situation with the executive director.”

Form 990, Part VI, Section B, Line 15

“Compensation is determined by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The governing documents, policies and financial statements are kept in the administrative office and are available upon request.”

Filing and Contact Details

Filer

Filer Name
Pahc Apartments Inc
EIN
77-0267448
Phone
6503219709
Address
2595 E BAYSHORE ROAD NO 200, PALO ALTO, CA 94303

Signing Officer

Name
Randal Tsuda
Title
President & CEO
Phone
6503219709
Signed
2019-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randal Tsuda
Formed
1990
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Lindquist Von Husen & Joyce Llp
Address
301 HOWARD STREET SUITE 850, SAN FRANCISCO, CA 94105
Preparer
Sherman Leong
Phone
4159579999
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A & 2B:

“All employees are paid by the pahc management and services corporation, and all payroll-related filings are processed by that corporation. The reimbursement for the cost of staff for services rendered for pahc apartments, inc. Is reflected as other salaries and wages on the statement of functional expenses.”

FORM 990, PART XII, LINE 2C:

“The oversight process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“Pahc apartments, inc. Believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The federal and state information returns for the years 2014 through 2017 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for federal and state, respectively.”

Raw XML AppendixShowing 400 of 881 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06021
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018705
IRS990/AccountsReceivableGrp/BOYAmt02113
IRS990/AccountsReceivableGrp/EOYAmt014041
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVISION OF DECENT AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt02800
IRS990/AdvertisingGrp/TotalAmt02800
IRS990/AllOtherContributionsAmt0217127
IRS990/AllOtherExpensesGrp/ProgramServicesAmt034804
IRS990/AllOtherExpensesGrp/TotalAmt034804
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum06503219709
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02595 E BAYSHORE ROAD NO 200
IRS990/BooksInCareOfDetail/USAddress/CityNm0PALO ALTO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094303
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0162911
IRS990/CashNonInterestBearingGrp/EOYAmt0134750
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0217127
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt06714
IRS990/CYOtherExpensesAmt0916414
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt01644127
IRS990/CYRevenuesLessExpensesAmt0711871
IRS990/CYSalariesCompEmpBnftPaidAmt0239683
IRS990/CYTotalExpensesAmt01156097
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01867968
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd01
IRS990/DeferredRevenueGrp/BOYAmt03035
IRS990/DeferredRevenueGrp/EOYAmt02675
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0227685
IRS990/DepreciationDepletionGrp/TotalAmt0227685
IRS990/Desc0PROVISION OF DECENT AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01013366
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt031739
IRS990/FeesForServicesAccountingGrp/TotalAmt031739
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt012684
IRS990/FeesForServicesLegalGrp/TotalAmt012684
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0102485
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt05068
IRS990/FeesForServicesManagementGrp/TotalAmt0107553
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt08507
IRS990/FeesForServicesOtherGrp/TotalAmt08507
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt036.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt136.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt236.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt164.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt174.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt184.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1634980
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt171582
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1842060
IRS990/Form990PartVIISectionAGrp/PersonNm0SHERYL KLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH MARTIGNETTI JR
IRS990/Form990PartVIISectionAGrp/PersonNm2JESSIE WOODYARD
IRS990/Form990PartVIISectionAGrp/PersonNm3ELIZABETH RATNER
IRS990/Form990PartVIISectionAGrp/PersonNm4MARGARET SLOAN
IRS990/Form990PartVIISectionAGrp/PersonNm5LORI SAITO
IRS990/Form990PartVIISectionAGrp/PersonNm6BONNIE PACKER
IRS990/Form990PartVIISectionAGrp/PersonNm7HELENE WHEELER
IRS990/Form990PartVIISectionAGrp/PersonNm8THOMAS JACOB
IRS990/Form990PartVIISectionAGrp/PersonNm9JEAN DAWES
IRS990/Form990PartVIISectionAGrp/PersonNm10DAVID EASTON
IRS990/Form990PartVIISectionAGrp/PersonNm11RONALD HALL
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK MORAGNE
IRS990/Form990PartVIISectionAGrp/PersonNm13ALEX RUSOFF
IRS990/Form990PartVIISectionAGrp/PersonNm14KAREN ROUTT
IRS990/Form990PartVIISectionAGrp/PersonNm15JEAN MCCOWN
IRS990/Form990PartVIISectionAGrp/PersonNm16CANDICE GONZALEZ
IRS990/Form990PartVIISectionAGrp/PersonNm17RANDAL TSUDA
IRS990/Form990PartVIISectionAGrp/PersonNm18QUINSIA MA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16185945
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1726364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18164589
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt18CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01867968
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt032066
IRS990/InsuranceGrp/TotalAmt032066
IRS990/InterestGrp/ProgramServicesAmt0128190
IRS990/InterestGrp/TotalAmt0128190
IRS990/InvestmentIncomeGrp/ExclusionAmt06714
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06714
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt05732491
IRS990/InvestmentsProgramRelatedGrp/EOYAmt06356445
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05391792
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02941630
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02846103
IRS990/LandBldgEquipCostOrOtherBssAmt08237895
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE HOUSING FOR LOW AND MODERATE INCOME PERSONS AND TO LESSEN THE BURDEN OF LOCAL GOVERNMENT BY DEVELOPING AND OPERATING HOUSING FOR LOW AND MODERATE INCOME PERSONS WITHIN SANTA CLARA AND SAN MATEO COUNTIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03538045
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03358089
IRS990/NetAssetsOrFundBalancesBOYAmt06344277
IRS990/NetAssetsOrFundBalancesEOYAmt07056148
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0217127
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010934
IRS990/OfficeExpensesGrp/TotalAmt010934
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0850938
IRS990/OtherAssetsTotalGrp/EOYAmt0907556
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062835
IRS990/OtherEmployeeBenefitsGrp/TotalAmt062835
IRS990/OtherExpensesGrp/Desc0OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAX
IRS990/OtherExpensesGrp/Desc3MANAGER'S UNIT
IRS990/OtherExpensesGrp/ProgramServicesAmt0207898
IRS990/OtherExpensesGrp/ProgramServicesAmt161808
IRS990/OtherExpensesGrp/ProgramServicesAmt237764
IRS990/OtherExpensesGrp/ProgramServicesAmt311982
IRS990/OtherExpensesGrp/TotalAmt0207898
IRS990/OtherExpensesGrp/TotalAmt161808
IRS990/OtherExpensesGrp/TotalAmt237764
IRS990/OtherExpensesGrp/TotalAmt311982
IRS990/OtherLiabilitiesGrp/BOYAmt01334070
IRS990/OtherLiabilitiesGrp/EOYAmt01362799
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0163434
IRS990/OtherSalariesAndWagesGrp/TotalAmt0163434
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt013414
IRS990/PayrollTaxesGrp/TotalAmt013414
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013803
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016841
IRS990/PrincipalOfficerNm0RANDAL TSUDA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/BusinessCd2532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1HOUSING ASSISTANCE PAY
IRS990/ProgramServiceRevenueGrp/Desc2INCOME FROM AFFORDABLE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0762950
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1473866
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2407311
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0762950
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1473866
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2407311
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02379
IRS990/PYOtherExpensesAmt0431469
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0861280
IRS990/PYRevenuesLessExpensesAmt0325818
IRS990/PYSalariesCompEmpBnftPaidAmt0106372
IRS990/PYTotalExpensesAmt0537841
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0863659
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0711871
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01644127
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01521562
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01522680
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0217127
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01649489
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01381907
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0141153
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03389676
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06714
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02379
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03563
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt03200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0219863
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0235719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01644127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0861280
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01720751
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01191858
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01081089
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06499105
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt06714
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02379
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03563
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt03200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0219863
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0235719
IRS990ScheduleA/InvestmentIncomeCYPct00.02330
IRS990ScheduleA/InvestmentIncomePYPct00.03050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07302
IRS990ScheduleA/OtherIncome509Grp/TotalAmt07302
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97600
IRS990ScheduleA/PublicSupportPY509Pct00.96750
IRS990ScheduleA/PublicSupportTotal509Amt09888781
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01861254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0861280
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03370240
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02573765
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01222242
IRS990ScheduleA/Total509Grp/TotalAmt09888781
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01867968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0863659

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,798,416
Liabilities
$4,742,268
Net assets
$7,056,148
Revenue
$1,867,968
Expenses
$1,156,097
Net income
$711,871
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$15.2$2.61$12.6$5.38$4.28$1.10
2023Detailed filing. Detailed filing data is available for this year.$14.0$2.52$11.5$4.26$3.96$0.31
2022Detailed filing. Detailed filing data is available for this year.$14.0$2.81$11.2$4.28$3.92$0.36
2021Detailed filing. Detailed filing data is available for this year.$13.8$2.99$10.8$4.16$6.31$2.15
2020Detailed filing. Detailed filing data is available for this year.$16.1$3.10$12.9$4.23$1.12$3.10
2019Detailed filing. Detailed filing data is available for this year.$13.9$4.02$9.85$3.94$1.15$2.79
2018Detailed filing. Detailed filing data is available for this year.$11.8$4.74$7.06$1.87$1.16$0.71
2017Detailed filing. Detailed filing data is available for this year.$10.9$4.90$6.02$3.37$1.01$2.36
2016Detailed filing. Detailed filing data is available for this year.$8.49$4.83$3.65$2.58$1.02$1.56
2015Detailed filing. Detailed filing data is available for this year.$7.21$5.11$2.10$1.45$1.00$0.45
2014Summary only. Only limited summary data is available for this year.$6.99$5.35$1.64$1.26$0.99$0.27
2013Summary only. Only limited summary data is available for this year.$7.01$5.64$1.37$1.25$1.06$0.20
2012Summary only. Only limited summary data is available for this year.$6.99$5.81$1.17$1.28$0.95$0.33
2011Summary only. Only limited summary data is available for this year.$6.87$6.03$0.84$1.10$0.99$0.11