2024-07-12T12:26:24-05:00 2023-08-31 261483953 SBNG PC 221 N KANSAS SUITE 1300 EL PASO TX 79901 990 2022-09-01 742606469 PV COMMUNITY DEVELOPMENT CORPORATION PVCO 9154651191 3607 RIVERA EL PASO TX 79905 MR BILL SCHLESINGER CO-DIRECTOR 9155337057 2024-07-11 1 MR BILL SCHLESINGER 999009999 1 TELLO CABRERA P01550316 9155446770 2024-07-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MR BILL SCHLESINGER 3607 RIVERA EL PASO TX 79905 2286557 0 X WWW.PVIDA.NET X 1991 TX TO ACQUIRE AND DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES, TO ACQUIRE AND DEVELOP PROGRAM FACILITIES FOR PROJECT VIDA AND PROJECT VIDA HEALTH CENTER (AFFILIATES), AND TO SPONSOR MICROENTERPRISE TECHNICAL ASSISTANCE IN COORDINATION WITH PROJECT VIDA. 5 5 0 0 0 0 150000 210812 1537175 1621513 0 0 399048 454232 2086223 2286557 0 0 0 0 89213 129188 0 0 0 1247585 1523371 1336798 1652559 749425 633998 18036157 17630086 12208380 11641114 5827777 5988972 TO ACQUIRE AND DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES, TO ACQUIRE AND DEVELOP PROGRAM FACILITIES FOR PROJECT VIDA (AN AFFILIATED ENTITY), AND TO SPONSOR MICROENTERPRISE TECHNICAL ASSISTANCE IN COORDINATION WITH PROJECT VIDA. 0 0 1374442 2075745 TO PROVIDE HOUSING AND ECONOMIC DEVELOPMENT SERVICES TO LOW AND MODERATE FAMILIES WITH CONSTRUCTION OF LOW RENT APARTMENTS. 186319 TO SPONSOR MICROENTERPRISE TECHNICAL ASSISTANCE IN COORDINATION WITH PROJECT VIDA. 1560761 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MR BILL SCHLESINGER 9155337057 3607 RIVERA EL PASO TX 79905 NEAL LOCKE CHAIR 1.00 X X 0 0 0 ARMANDO AVILA TREASURER 1.00 X X 0 0 0 LEE ANN BONDURANT SECRETARY 1.00 X X 0 0 0 SUSAN GUERRA BOARD MEMBER 1.00 X 0 0 0 VIRKY BLACK WALKER BOARD MEMBER 1.00 X 0 0 0 WILLIAM SCHLESINGER CO-DIRECTOR 2.00 38.00 X 0 50039 0 CAROL SCHLESINGER CO-DIRECTOR 2.00 38.00 X 0 30525 0 0 80564 0 0 0 0 0 0 30000 180812 210812 RENTAL INCOME 531110 1525564 1525564 DEVELOPMENT FEES 531110 62021 62021 LATE FEES 531110 33928 33928 1621513 FORGIVENESS OF LONGTER 531110 379956 379956 OTHER INCOME 531110 38117 38117 RENTAL INCOME, RELATED 531110 36159 36159 454232 2286557 2075745 0 0 129188 129188 91798 91798 5578 5578 30309 30309 488374 488374 236523 236523 BUILDING MAINTENANCE 312971 312971 UTILITIES 300101 300101 OTHER PROGRAMS EXPENSES 55856 55856 SUPPLIES 1275 1275 586 586 1652559 1560761 91798 0 71675 105370 24740 32660 18177 153302 0 1888 1888 21097760 5486341 16099793 15611419 1819884 1725447 18036157 17630086 12034350 11295141 174030 345973 12208380 11641114 X 1889189 1821494 3938588 4167478 5827777 5988972 18036157 17630086 X 633998 -472803 X X 0 1 X 1 1 1 X 379765 388695 486906 497743 590768 2343877 379765 388695 486906 497743 590768 2343877 2343877 2343877 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2199977 2199977 18894479 5483037 13411442 3304 3304 0 15611419 INVESTMENT IN PVCDC LINDA VISTA APARTMENTS 1722424 DUE FROM RELATED PARTY 3023 1725447 SECURITY DEPOSITS PAYABLE 120256 DUE TO RELATED PARTY 225717 345973 2286557 0 2286557 0 2286557 1652559 0 1652559 0 1652559 PROJECT VIDA OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 225717 PROJECT VIDA AND PVCDC HAVE AN INTER-AGENCY CASH FLOW LOAN AGREEMENT WHEREBY EACH ENTITY MAY BORROW FROM OR LEND TO THE OTHER FOR PURPOSES OF MEETING SHORT-TERM OBLIGATIONS. FOR THE YEAR ENDED AUGUST 31, 2023, PVCDC OWED AN OUTSTANDING OF BALANCE OF $225,717 TO PROJECT VIDA. 0 PROJECT VIDA OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 91798 PROJECT VIDA PROVIDES ADMINISTRATIVE SERVICES AND SERVES AS THE FISCAL AGENT FOR SEVERAL FUNCTIONS THAT OVERLAP WITH PVCDC. THE ORGANIZATION INCURRED MANAGEMENT FEES OF $91,798 FOR THE YEAR ENDED AUGUST 31, 2023. 0 PROJECT VIDA OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 375343 SUPPORT OF $375,343 WAS PROVIDED TO PROJECT VIDA DURING 2023. 0 PROJECT VIDA HEALTH CENTER OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 3639 THE ORGANIZATION ENTERED INTO A LEASE FOR A MEDICAL CLINIC WITH PVHC. THE LEASE IS RENEWED ON AN ANNUAL BASIS FOR ONE YEAR UNLESS TERMINATED IN WRITING BY EITHER PARTY. LEASE AND OTHER PROPERTY EXPENSES PAID TOTALED $3,639 FOR THE YEAR ENDED AUGUST 31, 2023. 0 PROJECT VIDA HEALTH CENTER OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 129188 SHARED FACILITIES AND STAFF. 0 PVCDC LINDA VISTA APARTMENTS LTD OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 62021 PVCDC LINDA VISTA APARTMENTS, LTD PAID DEVELOPMENT FEES TO PVCDC FOR A TOTAL OF $62,021 0 PROJECT VIDA HEALTH CENTER OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 32520 PROJECT VIDA HEALTH CENTER LEASED TOTAL SPACE FOR A CLINIC LOCATED ON 4300 DYER. FOR THE YEAR ENDED AUGUST 31, 2023, TOTAL RENT PAID TO PVCDC WAS $32,520. 0 LINDA VISTA OVERLAPPING MEMBERS OF MANAGEMENT AND OVERLAPPING BOARD MEMBERS 3023 DUE FROM LINDA VISTA 0 X FORGIVENESS OF DEBT 1 379956 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 WILLIAM SCHLESINGER AND CAROL SCHLESINGER ARE MARRIED TO ONE ANOTHER. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWS FORM 990 TO ENSURE THAT THE RETURN ACCURATELY REPRESENTS THE ENTITY'S ACTIVITY FOR THE YEAR, AND THAT FORM 990 AGREES TO THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C PVCDC MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY THROUGH BOARD INSTRUCTIONS TO THE CO-DIRECTORS OF PROJECT VIDA. BOARD MEMBERS SIGNED A CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: SUPPORT TO AFFILIATED AGENCY -375,343. CONSOLIDATION OF LINDA VISTA APARTMENTS LTD. 0. EQUITY ON EARNINGS OF AFFILIATE -97,460. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTION AND APPROVAL OF AUDITORS HAS NOT CHANGED FROM PRIOR YEAR. PROJECT VIDA 3607 RIVERA AVE EL PASO TX 79905 742481679 PROVIDES COMMUNITY SERVICE AND DEVELOPMENT TX 501(C)(3) LINE 7 N/A 0 PROJECT VIDA HEALTH CENTER 3607 RIVERA AVE EL PASO TX 79905 680541648 TO PROVIDE MEDICAL AND HEALTH-RELATED SERVICES TO INDIVIDUALS TX 501(C)(3) LINE 7 N/A 0 PVCDC LINDA VISTA APARTMENTS LTD 3607 RIVERA AVE EL PASO TX 79905 203691509 TO PROVIDE HOUSING TO LOW-INCOME TENANTS TX N/A RELATED -97460 1722424 0 0 1.00000 PVCDC ST ANDREWS APARTMENTS 3607 RIVERA AVE EL PASO TX 79905 273508459 TO PROVIDE SUPPORTIVE HOUSING TO LOW-INCOME TENANTS WITH DISABILITIES. TX N/A RELATED 0 0 0 0 0 1 1 0 0 0 0 1 0 0 1 1 1 0 1 1 0 PROJECT VIDA E 225717 COST PROJECT VIDA M 91798 COST PROJECT VIDA N N/A PROJECT VIDA O 129188 ALLOCATED COST PVCDC LINDA VISTA APARTMENTS LTD Q 62021 COST PROJECT VIDA HEALTH CENTER J 3639 COST PROJECT VIDA R 375343 COST PROJECT VIDA HEALTH CENTER J 32520 COST PVCDC LINDA VISTA APARTMENTS LTD D 3023 COST