The Vigil Light Inc

“Clem carinalli - board memberkevin carinalli - board memberfamily relationship”

“The organization retained a management company, burbank housing management corporation, to handle management of the project in 2017. Effective as of february 1, 2021, the management responsibilities were transferred to petaluma ecumenical properties.”

“There were no committees authorized to act on behalf of the board of directors during the tax year.”

“Form 990 was reviewed and approved by the board president and the chief financial officer. A copy of the final form 990 was provided to all board members prior to filing.”

“The board of directors is committed to avoiding even the appearance of impropriety, and therefore requires its members to disclose any instance where there is actual conflict or the appearance of conflict of interest. Any member disclosing the existence of an actual or potential conflict of interest will refrain from debating or voting on the issue. The board will use procedures, such as competitive bids, that ensure that the organization receives fair value in any transaction that may indirectly involve a board member's financial interests. Board members prohibit themselves from participating in direct financial transactions or contracts with the organization, recuse themselves from any discussion or vote regarding immediate family members employed by the board in any capacity, and refuse to accept any favor, service, or other personal gain in return for any board activity. Compliance is monitored regularly at board meetings.”

“No documents available to the public.”

“Through june 30, 2021, the organization operated 48 safe, sanitary, low-cost units for the elderly and disabled under section 202 of the national housing act and was regulated by hud as to rent charges and operating methods. Of the 48 units, 12 are studios while the remaining 36 are 1 bedroom units. Four wheelchair accesible units are available for eligible tenants. On july 1, 2021, the organization sold the land and buildings constituting the project to a disregarded single member llc that is solely owned by petaluma ecumenical properties ("pep"), a tax exempt nonprofit organization that has as its primary exempt purpose the provision of quality affordable housing, housing support services, and advocacy for the low-income community. Pep will continue to operate the project as safe, sanitary, low-cost units for the elderly and disabled subject to hud's regulations.the organization will use the proceeds of the sale of the project to continue to provide housing and related facilities and services for low-income, senior, and homeless individuals and households by making grants or loans to charitable tax exempt nonprofit organizations that will utilize the funds for the preceding stated purposes.”

“The organization has no employees; salaries and wages reported in part ix, functional expenses, were reimbursements to the management company. The amount was listed to conform with federal and/or state regulatory agency and/or lender reporting requirements for the audited financial statements.”