2017-02-06T19:20:06-06:00 2016-06-30 221478099 COHNREZNICK LLP 400 CAPITOL MALL SUITE 1200 SACRAMENTO CA 95814 990 2015-07-01 931210345 Esperanza39th Street PartnerS CORPORATION ESPE 2132728473 3655 South Grand Avenue No 280 Los Angeles CA 90007 signing officer President 2132728473 2017-02-06 1 LAURA WILDER CPA P00541441 9164429100 2015 2021-01-29 14:40:06Z Nancy Ibrahim 3655 South Grand Avenue No 280 Los Angeles CA 90007 314422 0 X N/A X 1996 CA TO DEVELOP, OPERATE AND MAINTAIN HUD LOW-INCOME HOUSING. 9 9 0 0 0 0 0 0 313560 308498 0 195 29419 5729 342979 314422 0 0 0 0 45984 40718 0 0 0 296761 314693 342745 355411 234 -40989 1393350 1345922 40440 34001 1352910 1311921 TO DEVELOP, OPERATE AND MAINTAIN HUD LOW-INCOME HOUSING. 0 0 277730 314227 TO DEVELOP, OPERATE AND MAINTAIN HUD LOW INCOME HOUSING. 277730 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 11 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X barker management inc 7145333290 1101 e orangewood ave anaheim CA 92805 X BRIAN EkLUND BOARD member 1.00 X 0 0 0 TAKAO SUZUKI BOARD MEMBER 0.50 X 0 0 0 perica bell bOARD member 0.50 X 0 0 0 kevin rodin bOARD member 0.50 X 0 0 0 gayle wong bOARD member 0.50 X 0 0 0 NANCY HALpERN IBRAHIM PRESIDENT 1.00 X 0 0 0 oscar alvarado vice chair 1.00 X 0 0 0 shanon lampkins treasurer 1.00 X 0 0 0 max harris secretary 1.00 X 0 0 0 0 0 0 0 0 0 0 0 Low income rent 531110 308498 308498 308498 195 195 laundry & vending 900099 4137 4137 miscellaneous revenue 900099 1179 1179 tenant charges 900099 413 413 5729 314422 314227 0 195 32040 32040 4971 4971 3707 3707 48613 48613 4585 4585 15204 15204 5313 5313 6392 6392 53040 53040 64832 64832 22913 22913 Repairs and maintenance 87247 87247 admin rent-free unit 2508 2508 permits & fees 2118 2118 Miscellaneous adminstra 1458 1458 470 470 355411 277730 77681 0 74931 631 133 7386 7386 2017967 1197087 884570 820880 426463 516892 1393350 1345922 18709 13459 21731 20542 40440 34001 X 1352910 1311921 1352910 1311921 1393350 1345922 -40989 0 X 0 1 X 0 1 1 X 331447 344123 316770 313560 308498 1614398 331447 344123 316770 313560 308498 1614398 0 0 0 1614398 116 243 16 195 570 116 243 16 195 570 29419 5729 35148 331563 344366 316786 342979 314422 1650116 0.97840 0.98160 0.00030 0.00060 X Schedule A, Part III, Line 12, Explanation of Other Income: DAMAGES INCoME - 2014 Amount: $ 29,269. 2015 Amount: $ 0. tenant charges - 2014 Amount: $ 150. 2015 Amount: $ 413. laundry vending revenue - 2015 Amount: $ 4,137. miscellaneous revenue - 2015 Amount: $ 1,179. 197907 197907 1757468 1136629 620839 56512 54378 2134 6080 6080 0 820880 funded reserve with mortgage 490722 other receivables 3439 Tenant security deposits 22731 516892 Tenant security deposits 20542 20542 X 314422 0 314422 0 314422 355411 0 355411 0 355411 Part X, Line 2: The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax-exempt entity pursuant to Section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the year ended June 30, 2016. due to its tax-exempt status, the corporation is not subject to income taxes. the corporation is required to file and does file tax returns with the irs and other taxing authorities. accordingly, the financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. income tax returns filed by the corporation are subject to examination by the irs for a period of three years. while no income tax returns are currently being examined by the irs, tax years since 2013 remain open. Form 990, Part VI, Section A, line 3 THE ORGANIZATION RETAINS A MANAGEMENT COMPANY THAT SPECIALIZES IN HUD LOW INCOME SUBSIDIZED HOUSING PROPERTIES TO MANAGE ALL OPERATING ACTIVITIES OF THE ORGANIZATION'S APARTMENT COMPLEX. THE ORGANIZATION HAS NO OTHER ASSETS OR ACTIVITIES OTHER THAN ITS LOW INCOME HOUSING PROPERTY. Form 990, Part VI, Section B, line 11 A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL. Form 990, Part VI, Section B, line 12c The conflict of interest policy is part of the employee handbook. Form 990, Part VI, Section C, line 19 UPON RECEIPT OF WRITTEN REQUEST.