Civic Intelligence

Rincon De Los Esteros Inc.

990 • Fiscal year 2022 • EIN 77-0329569

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 07, 2023

Organization ProfileWWW.FIRSTHOUSING.ORG
75 E Santa Clara Street 1300San Jose, CA 95113

(408) 291-8650

Siviq Scores

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

Liabilities / Assets

99th percentile

1.95x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

6.96x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

18th percentile

-8.1%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$350,295

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 7.5% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

32nd percentile

-4.7%

Faster asset growth than 32% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

43rd percentile

0.5%

Faster revenue growth than 43% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$16,687,590

Down $826,301 (-4.7%) from 2021

Net Assets

Down

-$15,927,074

Down $379,055 (-2.4%) from 2021

Liabilities

Down

$32,614,664

Down $447,246 (-1.4%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin18th percentile

Revenue

Up

$4,686,516

Up $23,883 (+0.5%) from 2021

Expenses

Up

$5,065,571

Up $230,629 (+4.8%) from 2021

Net Income

Down

-$379,055

Down $206,746 (-120%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth32nd percentile

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

$40M$20M$0-$20MAssets 2011: $22,538,109Liabilities 2011: $25,842,396Net Assets 2011: -$3,304,2872011Assets 2012: $22,124,984Liabilities 2012: $25,728,446Net Assets 2012: -$3,603,4622012Assets 2013: $21,843,153Liabilities 2013: $25,795,837Net Assets 2013: -$3,952,6842013Assets 2014: $21,853,028Liabilities 2014: $25,746,157Net Assets 2014: -$3,893,1292014Assets 2015: $21,745,595Liabilities 2015: $25,614,814Net Assets 2015: -$3,869,2192015Assets 2016: $24,292,309Liabilities 2016: $33,425,923Net Assets 2016: -$9,133,6142016Assets 2017: $25,185,092Liabilities 2017: $34,042,602Net Assets 2017: -$8,857,5102017Assets 2018: $24,733,138Liabilities 2018: $34,115,014Net Assets 2018: -$9,381,8762018Assets 2019: $18,647,740Liabilities 2019: $33,782,066Net Assets 2019: -$15,134,3262019Assets 2020: $18,299,086Liabilities 2020: $33,674,796Net Assets 2020: -$15,375,7102020Assets 2021: $17,513,891Liabilities 2021: $33,061,910Net Assets 2021: -$15,548,0192021Assets 2022: $16,687,590Liabilities 2022: $32,614,664Net Assets 2022: -$15,927,0742022Assets 2023: $2,243,652Liabilities 2023: $7,233,702Net Assets 2023: -$4,990,0502023Assets 2024: $39,806Liabilities 2024: $6,971,540Net Assets 2024: -$6,931,7342024

Highlighted filing

2022

Assets$16,687,590
Liabilities$32,614,664
Net Assets-$15,927,074
Open 2022 Filing

Operations Trend

Revenue Growth43rd percentile

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

$40M$20M$0-$20MExpenses 2011: $3,675,8212011Expenses 2012: $3,815,0072012Revenue 2013: $3,732,386Expenses 2013: $4,081,608Net Income 2013: -$349,2222013Revenue 2014: $4,012,490Expenses 2014: $3,952,935Net Income 2014: $59,5552014Revenue 2015: $4,034,080Expenses 2015: $4,010,170Net Income 2015: $23,9102015Revenue 2016: $3,937,649Expenses 2016: $9,202,044Net Income 2016: -$5,264,3952016Revenue 2017: $4,303,077Expenses 2017: $4,130,372Net Income 2017: $172,7052017Revenue 2018: $4,375,183Expenses 2018: $4,899,549Net Income 2018: -$524,3662018Revenue 2019: $4,597,151Expenses 2019: $10,349,601Net Income 2019: -$5,752,4502019Revenue 2020: $4,838,028Expenses 2020: $5,079,412Net Income 2020: -$241,3842020Revenue 2021: $4,662,633Expenses 2021: $4,834,942Net Income 2021: -$172,3092021Revenue 2022: $4,686,516Expenses 2022: $5,065,571Net Income 2022: -$379,0552022Revenue 2023: $36,882,846Expenses 2023: $25,945,822Net Income 2023: $10,937,0242023Revenue 2024: -$50,372Expenses 2024: $1,891,312Net Income 2024: -$1,941,6842024

Highlighted filing

2022

Revenue$4,686,516
Expenses$5,065,571
Net Income-$379,055
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$4,686,516
Mission and Program Overview

Mission

The corporation is organized to provide housing for low income persons and to serve as a general partner in limited partnerships which own and operate housing for the benefit of low income persons.

Provides housing for low income persons and families and owns and operates apartment complexes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$18,866,619$18,297,459▼ $569,160
Cash and Non-Interest-Bearing Accounts$815,602$515,974▼ $299,628
Savings and Temporary Cash Investments$548,012$453,260▼ $94,752
Prepaid Expenses and Deferred Charges$186,939$207,561▲ $20,622
Accounts Receivable$128,118$61,284▼ $66,834
Investments Program Related$-5,800,729$-6,206,158▼ $405,429
Total Assets$17,513,891$16,687,590▼ $826,301
Other Assets Total$2,769,330$3,358,210▲ $588,880
Liabilities
Mortgage Notes Payable Secured by Investment Property$31,476,878$31,191,184▼ $285,694
Other Liabilities$1,376,746$1,267,900▼ $108,846
Accounts Payable and Accrued Expenses$179,171$136,916▼ $42,255
Deferred Revenue$29,115$18,664▼ $10,451
Total Liabilities$33,061,910$32,614,664▼ $447,246
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-15,548,019$-15,927,074▼ $379,055
Total Net Assets Fund Balance$-15,548,019$-15,927,074▼ $379,055
Total Liabilities and Net Assets / Fund Balance$17,513,891$16,687,590▼ $826,301

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,635,446$5,724,541$17,359,987
Land$5,414,594-$5,414,594
Other Land Buildings$1,247,419$1,636,988$2,884,407
Other Assets Org$107,719--
Compensation and Service Providers
Top Officer Pay84th percentile

Board Members and Trustees

NameTitle
Gary SchoennauerChairman of the Bod
Geoffrey MorganPresident/CEO of Fch
Dunia NoelDirector
Gerry DeyoungDirector
Jaime AnguloDirector
Jeff GeeDirector
Josh CrossDirector
Joyce RodgerDirector
Kermit ConleyDirector
Robert SherrardDirector
Susan MuysenbergDirector
David MunsonDirector of Finance of Fch
Matthew JamesSecretary/director
Ru WeerakoonVP/director
Richard L ConniffVP/treasurer/director

Highest Paid Contractors

ContractorServicesLocationCompensation
John Stewart CompanyProperty Management104 WHISPERING PINES DR 200, Scotts Valley, CA 95066$821,339
Bay Side Patrol & InvestigationsSecurityPO BOX 731, Driggs, ID 83422$280,570
Vista Landscape & Maintenance INCLandscaping1468 HARTLEY CT, San Jose, CA 95130$138,691
Imperial Flooring Solutions INCFlooring InstallationPO BOX 850, San Carlos, CA 94070$110,255
Pierce Maintenance & RecyclingMaintenanceDBA GREENSPACE RECYCLING PO BOX 82, Liberty Lake, WA 99019$105,533
Revenue and Support

Revenue Composition

Contributions and Grants
$207,728
Program Service Revenue
$4,881,245
Investment Income
$2,972
Other Revenue
$-405,429
Change in Net Assets
$-379,055

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,686,516
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,686,516
Total Revenue per Form 990
$4,686,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,434,417
Salaries, Compensation, and Employee Benefits$631,154
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,132,997--$1,132,997
Occupancy$887,758--$887,758
Fees for Services Management-$856,483-$856,483
Depreciation Depletion$766,485--$766,485
Other Salaries and Wages$490,769--$490,769
Fees for Services Other$139,241--$139,241
Other Employee Benefits$92,310--$92,310
Office Expenses$69,422$38-$69,460
Fees for Services Accounting-$47,154-$47,154
Payroll Taxes$40,815--$40,815
Advertising$14,575--$14,575
Information Technology$11,411--$11,411
Pension Plan Contributions$7,260--$7,260
Other Expenses$6,200--$6,200
Conferences and Meetings-$2,828-$2,828
Travel$1,639--$1,639
Insurance$1,017--$1,017
Fees for Services Legal-$899-$899
Total Functional Expenses$4,158,169$907,402$0$5,065,571

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,065,571
Total Expenses per Audited Statements$5,065,571
Total Expenses per Form 990$5,065,571
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
Accounts Payable - Affiliates$691,236
Tenant Security Deposits$357,970
Accrued Interest$218,694
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 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
No

Governance Explanations

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

“A copy of the form 990 is provided to the board members, and the finance committee and management review and approve the form 990 before filing it.”

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

“Officers, directors and key employees are required to fill out a conflict of interest form annually disclosing any possible conflict. Those forms are given to the bod chairman, who evaluates the possible conflicts and follow the policies procedures.”

Form 990, Part VI, Section B, Line 15

“Top managment officials of the organization are compensated by first community housing, a related california non-profit organization.”

Form 990, Part VI, Section C, Line 19

“Financial statements and other public documents are provided upon request.”

Form 990 Part VII Section A Column (B)

“All board members attend board meetings of other related organizations. The ceo works 40 hours/week for first community housing, a related non-profit organization.”

Filing and Contact Details

Filer

Filer Name
Rincon De Los Esteros Inc
EIN
77-0329569
Phone
4082918650
Address
75 E SANTA CLARA STREET 1300, SAN JOSE, CA 95113

Signing Officer

Name
Richard Conniff
Title
President & CEO of Fch
Phone
4082918650
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Conniff
Formed
1992
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
11

Preparer

Firm
Armanino Llp
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Roberto Maragoni
Phone
4082006400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the organization in its federal and state tax returns are more-likely-than-not to be sustained upon examination. The organization files information returns in the u.s. Federal jurisdiction and state of california. The organization's federal returns for the tax years 2019 and beyond remain subject to examination by the internal revenue service. The organization's california returns for the tax years 2018 and beyond remain subject to examination by the franchise tax board.”

Raw XML AppendixShowing 400 of 1,009 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm1RICHARD L CONNIFF
IRS990/Form990PartVIISectionAGrp/PersonNm2MATTHEW JAMES
IRS990/Form990PartVIISectionAGrp/PersonNm3DUNIA NOEL
IRS990/Form990PartVIISectionAGrp/PersonNm4JAIME ANGULO
IRS990/Form990PartVIISectionAGrp/PersonNm5GERRY DEYOUNG
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT SHERRARD
IRS990/Form990PartVIISectionAGrp/PersonNm7KERMIT CONLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8RU WEERAKOON
IRS990/Form990PartVIISectionAGrp/PersonNm9JOSH CROSS
IRS990/Form990PartVIISectionAGrp/PersonNm10JEFF GEE
IRS990/Form990PartVIISectionAGrp/PersonNm11SUSAN MUYSENBERG
IRS990/Form990PartVIISectionAGrp/PersonNm12JOYCE RODGER
IRS990/Form990PartVIISectionAGrp/PersonNm13GEOFFREY MORGAN
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID MUNSON
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/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/ReportableCompFromRltdOrgAmt13308570
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14181043
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN OF THE BOD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP/TREASURER/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT/CEO OF FCH
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF FINANCE OF FCH
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0207728
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt04686516
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt011411
IRS990/InformationTechnologyGrp/TotalAmt011411
IRS990/InsuranceGrp/ProgramServicesAmt01017
IRS990/InsuranceGrp/TotalAmt01017
IRS990/InterestGrp/ProgramServicesAmt01132997
IRS990/InterestGrp/TotalAmt01132997
IRS990/InvestmentIncomeGrp/ExclusionAmt02972
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02972
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0-5800729
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0-6206158
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07361529
IRS990/LandBldgEquipBasisNetGrp/BOYAmt018866619
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018297459
IRS990/LandBldgEquipCostOrOtherBssAmt025658988
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED TO PROVIDE HOUSING FOR LOW INCOME PERSONS AND TO SERVE AS A GENERAL PARTNER IN LIMITED PARTNERSHIPS WHICH OWN AND OPERATE HOUSING FOR THE BENEFIT OF LOW INCOME PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt031476878
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt031191184
IRS990/NetAssetsOrFundBalancesBOYAmt0-15548019
IRS990/NetAssetsOrFundBalancesEOYAmt0-15927074
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-15548019
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-15927074
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0887758
IRS990/OccupancyGrp/TotalAmt0887758
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt038
IRS990/OfficeExpensesGrp/ProgramServicesAmt069422
IRS990/OfficeExpensesGrp/TotalAmt069460
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02769330
IRS990/OtherAssetsTotalGrp/EOYAmt03358210
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt092310
IRS990/OtherEmployeeBenefitsGrp/TotalAmt092310
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ADMINISTRATOR'S UNIT
IRS990/OtherExpensesGrp/Desc2UNIFORM AND LAUNDRY
IRS990/OtherExpensesGrp/ProgramServicesAmt0472295
IRS990/OtherExpensesGrp/ProgramServicesAmt123975
IRS990/OtherExpensesGrp/ProgramServicesAmt26200
IRS990/OtherExpensesGrp/TotalAmt0472295
IRS990/OtherExpensesGrp/TotalAmt123975
IRS990/OtherExpensesGrp/TotalAmt26200
IRS990/OtherLiabilitiesGrp/BOYAmt01376746
IRS990/OtherLiabilitiesGrp/EOYAmt01267900
IRS990/OtherRevenueMiscGrp/BusinessCd0900003
IRS990/OtherRevenueMiscGrp/Desc0LOSS ON INVESTMENT
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0-405429
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0-405429
IRS990/OtherRevenueTotalAmt0-405429
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0490769
IRS990/OtherSalariesAndWagesGrp/TotalAmt0490769
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt040815
IRS990/PayrollTaxesGrp/TotalAmt040815
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07260
IRS990/PensionPlanContributionsGrp/TotalAmt07260
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0186939
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0207561
IRS990/PrincipalOfficerNm0RICHARD CONNIFF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUDRY AND OTHER TENAN
IRS990/ProgramServiceRevenueGrp/Desc2PARTNERSHIP MGMT FEE
IRS990/ProgramServiceRevenueGrp/Desc3SUSTAINABILITY PROJECT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04796849
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt181731
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3665
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04796849
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt181731
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3665
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION SERVES AS GENERAL PARTNER OF TWO LIMITED PARTNERSHIPS AND PROVIDES MANAGEMENT SERVICES TO BOTH PARTNERSHIPS. EACH PARTNERSHIP OWNS AND OPERATES MULTI-FAMILY APARTMENT BUILDINGS FOR A TOTAL OF 87 UNITS IN SAN JOSE AND SUNNYVALE. 209 PEOPLE WERE SERVED DURING THE YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0191756
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08070
IRS990/PYOtherExpensesAmt04172871
IRS990/PYOtherRevenueAmt0-208288
IRS990/PYProgramServiceRevenueAmt04671095
IRS990/PYRevenuesLessExpensesAmt0-172309
IRS990/PYSalariesCompEmpBnftPaidAmt0662071
IRS990/PYTotalExpensesAmt04834942
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04662633
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-379055
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04473816
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0548012
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0453260
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,687,590
Liabilities
$32,614,664
Net assets
-$15,927,074
Revenue
$4,686,516
Expenses
$5,065,571
Net income
-$379,055
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$6.97$6.93$0.05$1.89$1.94
2023Summary only. Only limited summary data is available for this year.$2.24$7.23$4.99$36.9$25.9$10.9
2022Detailed filing. Detailed filing data is available for this year.$16.7$32.6$15.9$4.69$5.07$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$33.1$15.5$4.66$4.83$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$33.7$15.4$4.84$5.08$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$33.8$15.1$4.60$10.3$5.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$34.1$9.38$4.38$4.90$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$34.0$8.86$4.30$4.13$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.3$33.4$9.13$3.94$9.20$5.26
2015Detailed filing. Detailed filing data is available for this year.$21.7$25.6$3.87$4.03$4.01$0.02
2014Summary only. Only limited summary data is available for this year.$21.9$25.7$3.89$4.01$3.95$0.06
2013Detailed filing. Detailed filing data is available for this year.$21.8$25.8$3.95$3.73$4.08$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$25.7$3.60$3.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$25.8$3.30$3.68