Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
EIN 92-0337266 • 501(c)3 • Lompoc, CA
Profile
To promote social welfare by combatting community deterioration by encouraing economic development in the severely distressed community of guadalupe, ca, through the construction of commercial real property for use by community-oriented tenants and low income persons.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
92nd percentile
Higher debt load relative to assets than 92% of similar nonprofits.
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
99th percentile
Higher net margin than 99% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 61.2% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
Score unavailable
A valid growth rate could not be computed from the available filing history.
Assets
Up$19,291,600
Up $1,328,097 (+7.4%) from 2023
Liabilities
Up$18,610,139
Up $1,258,777 (+7.3%) from 2023
Net Assets
Up$681,461
Up $69,320 (+11%) from 2023
Revenue
Up$69,334
Up $69,334 from 2023
Expenses
Up$14
Up $14 from 2023
Net Income
Up$69,320
Up $69,320 from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To promote social welfare by combatting community deterioration by encouraing economic development in the severely distressed community of guadalupe, ca, through the construction of commercial real property for use by community-oriented tenants and low income persons.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,829,670 | $15,135,027 | ▲ $8,305,357 |
| Cash and Non-Interest-Bearing Accounts | $10,308,801 | $3,495,132 | ▼ $6,813,669 |
| Rtn Earn Endowment Incm Other Fnds | $612,141 | $681,461 | ▲ $69,320 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $17,963,503 | $19,291,600 | ▲ $1,328,097 |
| Other Assets Total | $825,032 | $661,441 | ▼ $163,591 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $16,449,968 | $16,473,970 | ▲ $24,002 |
| Other Liabilities | $901,394 | $2,136,169 | ▲ $1,234,775 |
| Total Liabilities | $17,351,362 | $18,610,139 | ▲ $1,258,777 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $612,141 | $681,461 | ▲ $69,320 |
| Total Liabilities and Net Assets / Fund Balance | $17,963,503 | $19,291,600 | ▲ $1,328,097 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $14,535,027 | - | $14,535,027 |
| Land | $600,000 | - | $600,000 |
| Name | Title |
|---|---|
| Henry Mercado | President |
| Alejandra Mahoney | Director |
| Julianne Hill | Director |
| Mireya Pina | Director |
| Stephanie Krouse | Director |
| Robert P Havlicek Jr | CEO |
| Line Item | Amount |
|---|---|
| Other Expenses | $14 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Office Expenses | $14 | - | - | $14 |
| Total Functional Expenses | $14 | $0 | $0 | $14 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $14 |
| Total Expenses per Audited Statements | $14 |
| Total Expenses per Form 990 | $14 |
| Expenses Not Reported on Financial Statements | $0 |
| Expenses Not Reported on Form 990 | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Construction Costs Payable | $2,136,169 |
“The tax manager completes the 990 questionnaire and accumulates all supporting documentation. The questionnaire is sent to the tax professionals for their preparation of the tax returns. The draft 990 tax return goes through the review of the housing authority of the county of santa barabara management. Upon the chief financial officer's approval, the tax return is filed with the internal revenue service.”
“Any director, principal officer, or member of a committee with governing board delegated powers, who has direct or indirect financial interest, must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and member of committees with governing board delegated powers considering the proposed transaction or arrangement. Periodic reviews of shall be conducted to determine whether compensation arrangements and benefits are reasonably based on competent survey information, and the result of arm's length bargaining, whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.”
“Governing documents are available upon request.”
“There is no change in the process from prior year.”
“Income taxes the organization is exempt from federal income taxes under internal revenue code section 501(c)(3) and from california income and franchise taxes under revenue and taxation code section 23701(d). The preparation of financial statements in accordance with accounting principles generally accepted in the united states of america requires the organization to report information regarding its exposure to various tax positions taken by the organization. The organization has determined whether any tax positions have met the recognition threshold and has measured the organization's exposure to those tax positions. Management believes that the organization has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years and four years, respectively, of tax returns filed. Any interest or penalties assessed to the organization are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying the financial statements.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO PROMOTE SOCIAL WELFARE BY COMBATTING COMMUNITY DETERIORATION BY ENCOURAING ECONOMIC DEVELOPMENT IN THE SEVERELY DISTRESSED COMMUNITY OF GUADALUPE, CA, THROUGH THE CONSTRUCTION OF COMMERCIAL REAL PROPERTY FOR USE BY COMMUNITY-ORIENTED TENANTS AND LOW INCOME PERSONS. |
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| IRS990/MissionDesc | 0 | TO PROMOTE SOCIAL WELFARE BY COMBATTING COMMUNITY DETERIORATION BY ENCOURAING ECONOMIC DEVELOPMENT IN THE SEVERELY DISTRESSED COMMUNITY OF GUADALUPE, CA, THROUGH THE CONSTRUCTION OF COMMERCIAL REAL PROPERTY FOR USE BY COMMUNITY-ORIENTED TENANTS AND LOW INCOME PERSONS. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CONSTRUCTION COSTS PAYABLE |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | INCOME TAXES THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM CALIFORNIA INCOME AND FRANCHISE TAXES UNDER REVENUE AND TAXATION CODE SECTION 23701(D). THE PREPARATION OF FINANCIAL STATEMENTS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAS MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS AND FOUR YEARS, RESPECTIVELY, OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION ARE RECORDED IN OPERATING EXPENSES. NO INTEREST OR PENALTIES FROM FEDERAL OR STATE TAX AUTHORITIES WERE RECORDED IN THE ACCOMPANYING THE FINANCIAL STATEMENTS. |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 289370 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 900 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 40238 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | ROBERT P HAVLICEK JR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | CEO |
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| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt | 0 | ROBERT P. HAVLICEK JR., CEO: COMPENSATION DETERMINED BY THE RELATED ENTITY HOUSING AUTHORITY OF THE COUNTY OF SANTA BARBARA, WHICH REQUIRES APPROVAL BY THE BOARD OF DIRECTORS AND A WRITTEN EMPLOYMENT CONTRACT. |
| IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | PART I, LINE 3 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE TAX MANAGER COMPLETES THE 990 QUESTIONNAIRE AND ACCUMULATES ALL SUPPORTING DOCUMENTATION. THE QUESTIONNAIRE IS SENT TO THE TAX PROFESSIONALS FOR THEIR PREPARATION OF THE TAX RETURNS. THE DRAFT 990 TAX RETURN GOES THROUGH THE REVIEW OF THE HOUSING AUTHORITY OF THE COUNTY OF SANTA BARABARA MANAGEMENT. UPON THE CHIEF FINANCIAL OFFICER'S APPROVAL, THE TAX RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS DIRECT OR INDIRECT FINANCIAL INTEREST, MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBER OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. PERIODIC REVIEWS OF SHALL BE CONDUCTED TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLY BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING, WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE IS NO CHANGE IN THE PROCESS FROM PRIOR YEAR. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART XII, LINE 2 |
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| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES |
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| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
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| IRS990/TotalAssetsEOYAmt | 0 | 19291600 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 19291600 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 14 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 18610139 |
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| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 18610139 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 612141 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 681461 |
| IRS990/TotalOtherCompensationAmt | 0 | 35624 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 14 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 69334 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 69334 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 19291600 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 347822 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/USAddress/AddressLine1Txt | 0 | 815 W OCEAN AVE |
| IRS990/USAddress/CityNm | 0 | LOMPOC |
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| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROBERT P HAVLICEK JR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8057633423 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-06 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ESCA |
| ReturnHeader/Filer/EIN | 0 | 920337266 |
| ReturnHeader/Filer/PhoneNum | 0 | 8057633423 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 815 W OCEAN AVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | LOMPOC |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 93436 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 943108253 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | NOVOGRADAC & COMPANY LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1435 N MCDOWELL BLVD SUITE 350 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PETALUMA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 94954 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4152236130 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LANCE SMITH |
| ReturnHeader/ReturnTs | 0 | 2025-11-06T11:18:24-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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