2024-12-18T20:06:03-08:00 2023-12-31 270741376 HARSHWAL & COMPANY LLP 11405 W BERNARDO CT STE A SAN DIEGO CA 92127 990 2023-01-01 043610622 Santa Clara Teacher Housing Foundation SANT 4084232092 1889 Lawrence Road Santa Clara CA 95052 Mark Schiel Director 2024-12-18 true true Sanwar Harshwal CPA P01249746 8589390017 X 2023 2024-10-15 13:58:12Z Steve Lodge 1889 Lawrence Road Santa Clara CA 95052 1623969 false X www.santaclarausd.org X 2002 CA The Foundation was formed for the purpose of advancing education by supporting theSanta Clara Unified School District in its efforts to retain qualified teachers whomight otherwise leave the District because of the lack of affordable housing throughthe development and operation of affordable faculty housing. 4 4 0 0 0 1428725 1623935 0 120 34 1428845 1623969 11000 12000 0 0 0 0 502146 1595598 513146 1607598 915699 16371 92212 88828 127848 125161 -35636 -36333 The Foundation was formed for the purpose of advancing education by supporting theSanta Clara Unified School District in its efforts to retain qualified teachers whomight otherwise leave the District because of the lack of affordable housing throughthe development and operation of affordable faculty housing. false false 1468387 12000 1623935 The Foundation provides apartments at below market rates to retain qualified school personnel in the Santa Clara School District. 1468387 true false false false false false false false false false false false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 4 4 false false false false false false false true false false false false false false false false false false CA X Steve Lodge 4084232092 1889 Lawrence Road Santa Clara CA 95052 X Steve Lodge President 0.00 0.00 X 0 0 0 Mark Schiel Director 0.00 0.00 X 0 0 0 Elise Deyoung Director 0.00 0.00 X 0 0 0 Eric Dill Director 0.00 0.00 X 0 0 0 0 false false false Gillmor & Associates Inc 1201 Franklin Mall Santa Clara CA 95050 Management & consultancy 110542 1 0 Rent 532000 1623935 1623935 1623935 0 0 0 0 0 0 0 0 Miscellaneous income 34 34 34 1623969 1623969 12000 12000 0 0 0 0 0 0 0 0 0 80405 80405 0 15660 15660 0 0 0 3 3 0 24342 24342 0 0 1102008 1102008 0 0 0 0 0 0 572 572 Utilities 122054 122054 Repairs 76914 76914 Plumbing/Electrical/Heating 67851 67851 Maintenance 38893 38893 66896 23753 43143 1607598 1468387 139211 0 92212 88828 0 0 0 0 0 0 0 0 0 0 0 0 0 0 92212 88828 9214 127848 115947 127848 125161 X -35636 -36333 -35636 -36333 92212 88828 X 16371 -17068 X true X true X true false X X 1 Santa Clara Unified School District 770219105 7 false 12000 0 1 12000 0 true false false false false false false false false false false false false false false true true false X Part I: Additional Information The Foundation was formed for the purpose of advancing education by supporting the Santa Clara Unified School District in its efforts to retain qualified teachers who might otherwise leave the District because of the lack of affordable housing through the development and operation of affordable faculty housing. The Santa Clara Unified School District is located in the San Francisco Bay Area. The cost of housing is very high. The School District used it's tax exempt status to issue certificates of participation to build the housing. The Foundation oversees the housing rentals for the School District, overseas the running of the housing and establishes below market rents for teachers that meet certain income requirements and needs. This allows the District to keep good teachers in the district that might otherwise might leave the area due to the high cost of housing. Part I, Line 12f: Supported Org Not Named in Organizing Documents Tenant Deposits 115947 115947 X 1623969 1623969 1623969 1607598 1607598 1607598 Part X : FIN48 Footnote All tax-exempt entities are subject to review and audit by federal, state, and other applicable agencies. Such agencies may review the taxability of unrelated business income or the qualification of the tax-exempt entity under the Internal Revenue Code and applicable state statutes. The Foundation has adopted the accounting guidance related to uncertain tax positions, and has evaluated its tax positions, and believes that all of the positions taken by the Foundation in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination.The Foundation returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed. false Santa Clara Unified School Di 1889 Lawrence Road Santa Clara CA 95051 770219105 12000 0 Donation 0 1 Form 990, Part VI, Section B, Line 11b No review was or will be conducted. Form 990, Part VI, Section C, Line 19 No documents available to the public. Form 990, Part XI, Line 9 Net Changes in Net asset balances = -$17068