2025-04-22T21:29:55-07:00 2024-06-30 462989917 SINAMBAL&REYES CPAS INC 2230 W CHAPMAN AVE SUITE 146 ORANGE CA 92868 990 2023-07-01 931210345 ESPERANZA39TH STREET PARTNERS CORPORATION ESPE 2132728473 3655 S GRAND AVE LOS ANGELES CA 90007 NANCY HALPERN IBRAHIM PRESIDENT 2132728473 2025-04-21 true true PETER J SINAMBAL P00060197 7142707834 2025-04-22 2023 2025-03-06 01:10:19Z NANCY HALPERN IBRAHIM 3655 S GRAND AVE LOS ANGELES CA 90007 410749 false X N/A X 1996 CA TO DEVELOP, OPERATE AND MAINTAIN HUD LOW-INCOME HOUSING PROJECT FOR LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS. 2 2 0 4 0 0 49965 354910 288348 1596 2721 4061 69715 360567 410749 0 0 92950 43522 0 0 326833 500776 419783 544298 -59216 -133549 1411040 1253798 293376 269683 1117664 984115 TO DEVELOP, OPERATE AND MAINTAIN HUD LOW-INCOME HOUSING PROJECT FOR LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS. false false 538848 0 410749 THE ORGANIZATION IS A 45-UNIT APARTMENT PROJECT FOR A LOW-INCOME FAMILY HOUSEHOLDS LOCATED IN LOS ANGELES, CALIFORNIA 538848 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 0 false false false false false false false false false false X 2 2 false true false false false false false true true false false true true true true true true false false false ESPERANZA39TH STREET PARTNERS CORPORATION 2132728473 3655 S GRAND AVENUE Ste 280 LOS ANGELES CA 90007 X NANCY HALPERN IBRAHIM PRESIDENT 5.00 X X 0 0 0 PASTOR BRIAN EKLUND Secretary 2.00 X X 0 0 0 PENNE HASSON TREASURER 2.00 X X 0 0 0 TAKAO SUZUKI BOARD MEMBER 2.00 0 0 0 false false false 49965 49965 LOW-INCOME RENTAL 531110 288348 0 0 288348 2721 0 0 LAUNDRY 900099 3664 3664 0 0 TENANT CHARGES 900099 882 882 0 0 REFUND OF UTILITY 900099 65169 65169 0 0 69715 410749 360784 0 0 37340 37340 0 0 2526 2526 0 0 3656 3656 0 0 30240 30240 0 0 12470 7020 5450 0 8704 8704 0 0 58973 58973 0 0 20878 20878 0 0 UTILITIES 60963 60963 0 0 TRASH REMOVAL 20350 20350 0 0 REPAIRS & MAINTENANCE 180240 180240 0 0 PROPERTY TAXES 4826 4826 0 0 103132 103132 0 0 544298 538848 5450 0 744 2262 126698 127102 1177 480 2189868 1637909 436432 551959 845989 571995 1411040 1253798 257307 196399 36069 73284 293376 269683 X 1117664 984115 1117664 984115 1411040 1253798 -133549 X false false false X 0 0 351825 364701 361486 358721 408028 1844761 0 0 0 351825 364701 361486 358721 408028 1844761 0 0 0 1844761 286 299 348 1596 2721 5250 286 299 348 1596 2721 5250 1850011 0.99720 0.99910 0.00280 0.00090 X 0 197907 197907 1902521 1548469 354052 89440 89440 0 551959 OTHER RECEIVABLES 3439 TENANT DEPOSITS 29436 RESTRICTED DEPOSITS & FUNDED RESERVES 247598 RESIDUAL RECEIPTS 282022 Due from Affiliate 0 Deferred Finance Charge 9500 571995 PREPAID RENT 20266 TENANT DEPOSITS HELD IN TRUST 22784 DUE TO AFFILIATES 30234 73284 X Pt X, Line 2 MANAGEMENT HAS CONSIDERED IF THEY HAVE ADOPTED AN UNCERTAIN TAX POSITION/S THAT MAY BE CONSIDERED BY INTERNAL REVENUE SERVICE, RESULTING IN THE ASSESSMENT OF TAXES; IT HAS CONCLUDED THAT IT HAS NOT ADOPTED ANY SUCH UNCERTAIN TAX POSITION/S. Pt VI, Line 3 THE ORGANIZATION RETAINS A MANAGEMENT COMPANY THAT SPECIALIZIES IN HUD LOW INCOME SUBSIDIZED HOUSING PROPERTIES TO MANAGE ALL OPERATING ACTIVITIES OR THE ORGANIZATIONS APARTMENT COMPLEX. THE ORGANIZATION HAS NO OTHER ASSETS OR ACTIVITIES OTHER THAN ITS LOW INCOME HOUSING PROPERTIES. THE ORGANIZATION CEASED TO OPERATE AS HUD LOW INCOME PROJECT BUT IT STILL KEPT ITS RENT BELOW MARKET RENT. Pt VI, Line 11b A DRAFT COPY OF TRHE FORM 990 IS PROVIDED TO THE BOARD MEMBERS FOR REVIEW AND APPROVAL. Pt VI, Line 12c THE BOARD OF DIRECTORS ARE REMINDED REGARDING CONFLICT OF INTEREST IN A REGULAR BASIS. Pt VI, Line 19 UPON RECEIPT OF WRITTEN REQUEST. Form 990, Part IX, Line 24e PAYROLL PROCESSING 173. 173. 0. 0. Form 990, Part IX, Line 24e SUPPLEMENTAL TENANT SERVICES 51. 51. 0. 0. Form 990, Part IX, Line 24e JANITORIAL & LANDSCAPING SERVICES 27213. 27213. 0. 0. Form 990, Part IX, Line 24e BAD DEBTS 40499. 40499. 0. 0. Form 990, Part IX, Line 24e MISC LICENSES, FEES & PERMITS 3707. 3707. 0. 0. Form 990, Part IX, Line 24e PROFESSIONAL FESS 8421. 8421. 0. 0. Form 990, Part IX, Line 24e TRAINING, SEMINAR, & CONFERENCE 151. 151. 0. 0. Form 990, Part IX, Line 24e RENT FREE UNIT 14100. 14100. 0. 0. Form 990, Part IX, Line 24e RENTING & OCCUPANCY EXPENSE 8674. 8674. 0. 0. Form 990, Part IX, Line 24e VENDOR CHARGES 38. 38. 0. 0. Form 990, Part IX, Line 24e BANK CHARGES 105. 105. 0. 0.