Civic Intelligence

El Paseo Apartments Inc

EIN 77-0563647 • 501(c)3 • San Jose, CA

Profile

Providing affordable housing for low income persons

75 E Santa Clara Street 1175San Jose, CA 95113

www.firsthousing.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Flat

$0

Flat from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$322,542

Up $37,175 (+13%) from 2023

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $1,117,868Liabilities 2010: $120,000Net Assets 2010: $997,8682010Assets 2011: $1,132,804Liabilities 2011: $135,000Net Assets 2011: $997,8042011Assets 2012: $1,147,767Liabilities 2012: $150,000Net Assets 2012: $997,7672012Assets 2013: $579,696Liabilities 2013: $165,000Net Assets 2013: $414,6962013Assets 2014: $158,825Liabilities 2014: $0Net Assets 2014: $158,8252014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500K-$1.0MExpenses 2010: $15,0002010Revenue 2011: $14,936Expenses 2011: $15,000Net Income 2011: -$642011Expenses 2012: $15,0002012Revenue 2013: $15,000Expenses 2013: $598,071Net Income 2013: -$583,0712013Revenue 2014: $0Expenses 2014: $255,871Net Income 2014: -$255,8712014Revenue 2015: $0Expenses 2015: $209,692Net Income 2015: -$209,6922015Revenue 2016: $9,238Expenses 2016: $0Net Income 2016: $9,2382016Expenses 2017: $101,1742017Expenses 2018: $74,8942018Expenses 2019: $92019Expenses 2020: $1542020Expenses 2021: $452,6802021Expenses 2022: $297,7092022Expenses 2023: $285,3672023Expenses 2024: $322,5422024

Highlighted filing

2024

Revenue-
Expenses$322,542
Net Income-
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
-
Expenses
$322,542
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.32
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.29
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.45
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.01$0.00$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.21$0.21
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.00$0.16$0.00$0.26$0.26
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.17$0.41$0.02$0.60$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.15$1.00$0.02
2011Summary only. Only limited summary data is available for this year.$1.13$0.14$1.00$0.01$0.02$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.12$1.00$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 8, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

Providing affordable housing for low income persons

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION SERVES AS GENERAL PARTNER OF A LIMITED PARTNERSHIP AND PROVIDES MANAGEMENT FOR 98 UNITS IN ONE LOW-INCOME MULTI-FAMILY APARTMENT BUILDING, WHICH QUALIFIES FOR LOW-INCOME HOUSING TAX CREDITS UNDER SECTION 42 OF THE INTERNAL REVENUE CODE. 126 PEOPLE WERE SERVED DURING THE YEAR.$0$322,542
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD L CONNIFFChairman/Director-$0--
DUNIA NOELSecretary/Director-$0--
ROBERT SHERRARDTreasurer/Director-$0--
RU WEERAKOONVP/Director-$0--
BILL ANDERSONDirector-$0--
KERMIT CONLEYDirector-$0--
JOSH CROSSDirector-$0--
GERRY DEYOUNGDirector-$0--
JEFF GEEDirector-$0--
MATTHEW JAMESDirector-$0--
SUSAN MUYSENBERGDirector-$0--
PRESTON PRINCEDirector-$0--
Filing and Contact Details

Filer

Filer Name
El Paseo Apartments Inc
EIN
77-0563647
Phone
4082918650
Address
75 E SANTA CLARA STREET 1175, SAN JOSE, CA 95113

Signing Officer

Name
Richard Conniff
Title
Chairman & CEO of Fch
Phone
4082918650
Signed
2025-09-08
Discuss with paid preparer
Yes

Preparer

Firm
Armanino Advisory LLC
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Wanwan Zhang
Phone
4082006400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: loss on investment in partnership. Amount: 322,542.”

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

“Description: limit negative partnership investment to zero. Amount: 322,542.”

Raw XML Appendix196 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD L CONNIFF
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11PRESTON PRINCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER/DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0PROVIDING AFFORDABLE HOUSING FOR LOW INCOME PERSONS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: LOSS ON INVESTMENT IN PARTNERSHIP. AMOUNT: 322,542.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: LIMIT NEGATIVE PARTNERSHIP INVESTMENT TO ZERO. AMOUNT: 322,542.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD CONNIFF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN & CEO OF FCH
ReturnHeader/BusinessOfficerGrp/PhoneNum04082918650
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EL PASEO APARTMENTS INC
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ReturnHeader/Filer/EIN0770563647
ReturnHeader/Filer/PhoneNum04082918650
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ReturnHeader/Filer/USAddress/CityNm0SAN JOSE
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0946214841
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARMANINO ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 W SAN FERNANDO ST STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JOSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PhoneNum04082006400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-09-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WANWAN ZHANG
ReturnHeader/ReturnTs02025-09-08T14:04:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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