2024-11-15T00:09:38-06:00 2023-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2023-01-01 942223398 COMMUNITY HOUSING IMPROVEMENT PROGRAM COMM 5308916931 1001 WILLOW STREET CHICO CA 95928 SEANA O'SHAUGHNESSY PRESIDENT/CEO 5308916931 2024-11-13 1 0 SHERMAN LEONG P00513747 4159579999 2023 2024-10-15 13:58:12Z SEANA O'SHAUGHNESSY 1001 WILLOW STREET CHICO CA 95928 10331909 0 X WWW.CHIPHOUSING.ORG X 1973 CA PROVIDE MULTI-FAMILY AFFORDABLE HOUSING AND SINGLE FAMILY AFFORDABLE HOUSING HOME OWNERSHIP OPPORTUNITIES TO LOW INCOME INDIVIDUALS AND FAMILIES. 12 12 82 250 0 0 2955426 2879331 2445748 7435736 32895 842 -16260 -24283 5417809 10291626 0 70500 0 0 2881101 3008322 0 0 0 2461711 4108872 5342812 7187694 74997 3103932 24577889 33983187 8574486 14875852 16003403 19107335 TO PROVIDE HEALTHY, SUSTAINABLE, AFFORDABLE HOUSING TO QUALIFIED RESIDENTS OF THE NORTH VALLEY. 0 0 3797956 70500 4821960 DEVELOP, OWN, AND MANAGE AFFORDABLE RENTAL HOUSING FOR LOW-INCOME HOUSEHOLDS,INCLUDING FAMILIES, FARM-WORKERS, SENIOR CITIZENS AND SINGLE INDIVIDUALS. PROVIDE SPECIALIZED SERVICES TO LOW-INCOME TENANTS TO IMPROVE THEIR QUALITY OF LIFE. 2512597 2613776 TO PROVIDE ALL SERVICES NECESSARY TO FACILITATE THE CONSTRUCTION OF SINGLE FAMILY HOMES BY GROUPS OF LOW-INCOME FAMILIES USING THE MUTUAL SELF-HELP METHOD. FAMILIES WILL WORK COOPERATIVELY AND PROVIDE A SIGNIFICANT PORTION OF THE LABOR TOWARDS THE CONSTRUCTION OF THE HOUSE THEY WILL OWN AND LIVE IN UPON COMPLETION OF CONSTRUCTION. 6310553 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 52 0 1 82 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 5308916931 1001 WILLOW STREET CHICO CA 95928 ANDY HOLCOMBE CHAIR 1.00 0.80 X X 0 0 0 DAVID GOODSON VICE CHAIR 1.00 0.80 X X 0 0 0 DAVE BURKLAND DIRECTOR 1.00 0.80 X 0 0 0 KELLEY DODGE DIRECTOR 1.00 0.80 X 0 0 0 JOSEPH FEIST DIRECTOR 1.00 0.80 X 0 0 0 KATIE FOWKES DIRECTOR 1.00 0.80 X 0 0 0 VANESSA HARO DIRECTOR 1.00 0.80 X 0 0 0 MARK HOOPER DIRECTOR 1.00 0.80 X 0 0 0 EARL JESSEE DIRECTOR 1.00 0.80 X 0 0 0 EDWARD MAYER DIRECTOR 1.00 0.80 X 0 0 0 ROSS SIMMONS DIRECTOR 1.00 0.80 X 0 0 0 SENG YANG DIRECTOR 1.00 0.80 X 0 0 0 FONG LO VICE CHAIR 1.00 0.80 X X 0 0 0 JOY MURPHY DIRECTOR 1.00 0.80 X 0 0 0 SEANA O'SHAUGHNESSY PRESIDENT/CEO 40.00 8.00 X 134384 0 12716 HOLLY MCCORMICK TREASURER 40.00 8.00 X 112549 0 18742 JILL QUEZADA SECRETARY 40.00 8.00 X 89243 0 11887 WENDY PHILLIPS VICE PRESIDENT 40.00 8.00 X 88364 0 14694 THERESA NANTOR VICE-SECRETARY 40.00 8.00 X 52444 0 6459 476984 0 64498 2 0 0 0 0 158034 2055486 665811 2879331 SALE OF AFFORDABLE HOUSES 236000 2905000 2905000 DEVELOPER FEE 531390 2220918 2220918 PROPERTY MANAGEMENT AND BOOKKEEPI 531390 695064 695064 RENTAL INCOME 531390 681038 681038 OTHER REVENUE 531390 284084 284084 649632 649632 7435736 842 842 16000 158034 40283 -24283 -24283 10291626 7435736 0 -23441 70500 70500 541482 431114 110368 1897427 1535888 361539 52992 42191 10801 349829 278525 71304 166592 132636 33956 4152 4152 26700 26700 35250 34300 950 21365 8353 13012 45374 15994 29380 74352 67464 6888 2479 5 2474 34998 34998 220787 196951 23836 COST OF HOMES SOLD 2344580 2344580 TAXES AND INSURANCE 371444 325387 46057 MISCELLANEOUS 262683 258034 4649 OPERATING & MAINTENANCE 164276 164173 103 500432 369460 130972 7187694 6310553 877141 0 5472060 7467527 713931 229136 5662330 5887646 117013 84245 8672134 4188710 2651362 4483424 561110 583307 529 528 9399554 15247374 24577889 33983187 1904899 2980025 151102 206357 6463420 11629782 55065 59688 8574486 14875852 X 7453649 10582667 8549754 8524668 16003403 19107335 24577889 33983187 3103932 0 X X 0 1 X 1 1 1 X 3405460 3435546 6314125 2955426 2879331 18989888 4725390 3623706 5774970 2449248 7435736 24009050 8130850 7059252 12089095 5404674 10315067 42998938 0 0 0 42998938 30308 57386 26686 32895 842 148117 30308 57386 26686 32895 842 148117 8161158 7116638 12115781 5437569 10315909 43147055 0.99660 0.99560 0.00340 0.00440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 187 187 7187507 7187694 509385 127346 0 0 464892 667450 417141 509385 2058868 3088302 1826 78 47 187 2138 116223 166863 104285 127346 514717 772076 1149408 1149408 7267247 4012282 3254965 255479 176428 79051 4483424 PROPERTY IN DEVELOPMENT 11988446 RECEIVABLE FROM RELATED-PARTY 3250832 OTHER ASSETS 8096 15247374 SECURITY DEPOSITS PAYABLE 59688 59688 X PART X, LINE 2: COMMUNITY HOUSING IMPROVEMENT PROGRAM (CHIP) BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. CHIP AND AFFILIATES' FEDERAL AND STATE INCOME TAX AND INFORMATION RETURNS FOR THE YEARS 2019 THROUGH 2022 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. ROCK THE HOUSE 2023 174034 158034 16000 40283 174034 158034 16000 40283 40283 -24283 1 HAZEL HOUSING LP 1001 WILLOW STREET CHICO CA 95928 680387277 70500 0 TO SUPPORT AFFORDABLE HOUSING PROJECT. 0 1 PART I, LINE 2: GRANTS ARE GENERALLY MADE TO DOMESTIC ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE GOVERNING BOARD PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE OF CONFLICT OF INTEREST FORM IS FILED BY EACH BOARD MEMBER AND DIRECTOR. FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS REVIEWS AND APPROVES EXECUTIVE SALARIES EVERY OTHER YEAR FOR A TWO YEAR CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ONLY, ARE AVAILABLE TO THE PUBLIC ON THE FEDERAL AUDIT CLEARINGHOUSE WEBSITE: HTTPS://HARVESTER.CENSUS.GOV/FACWEB/ FORM 990, PART VI, SECTION B, LINE 16B: THE ORGANIZATION DOES NOT CURRENTLY HAVE A "WRITTEN" POLICY OR PROCEDURE IN PLACE BUT MANAGEMENT IS AWARE IT MUST SAFEGUARD ITS EXEMPT STATUS WHEN ENTERING INTO JOINT VENTURES. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT BEEN CHANGED FROM PRIOR YEAR. 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