California Affordable Housing Association
- Assets
- $247.7k
- Revenue
- $10.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Huntington Beach, CA
- Founding
- Data as of
- 12/2023
- EIN
- 88-4183752
Organization Overview
California Affordable Housing Association is located in Huntington Beach, CA. California Affordable Housing Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE GENERAL CHARACTER OF THE BUSINESS OF THE CORPORATION IS TO IDENTIFY, ACQUIRE, OWN, DEVELOP, CONSTRUCT, REHABILITATE, RENOVATE, IMPROVE, MAINTAIN, FINANCE, MANAGE, OPERATE, LEASE, SELL, CONVEY, ASSIGN, MORTGAGE OR OTHERWISE DEAL WITH REAL ESTATE AND OTHER ASSETS IN ORDER TO DEVELOP AND PRESERVE DECENT, SAFE AND AFFORDABLE HOUSING AND RENTAL HOUSING FOR LOW-INCOME INDIVIDUALS AND TENANTS, TO BE A MEMBER, SHAREHOLDER OR PARTNER (GENERAL OR LIMITED) OF ANY ENTITY ENGAGED IN THE FOREGOING ACTIVITIES, TO ENGAGE IN ANY OTHER BUSINESS RELATED OR USEFUL IN CONNECTION THEREWITH, AND TO OTHERWISE ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH A DOMESTIC NONPROFIT PUBLIC BENEFIT CORPORATION MAY BE ORGANIZED UNDER THE LAWS OF THE STATE OF CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REHABILITATION AND RENOVATIONS OF THE PROPERTIES TO MEET EXPECTIONS, AND REQUIREMENTS FOR APROVAL OF TENANTS OCCUPANCY. THIS WILL MAKES THE HOMES HAVE MORE POSITIVE OUTLOOK ON THE COMMUNITY AND LOW-INCOME RENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Anh Thi Bui President | Trustee | $0 | |
Richard Bui Chief Executive Officer | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,016 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,016 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,016 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,297 |
| Insurance | $0 |
| All other expenses | $22,092 |
| Total functional expenses | $62,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,302 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $246,377 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $247,679 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $247,679 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $247,679 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $247,679 |