2024-10-16T18:28:09-05:00 2024-05-31 942767324 SEEBA & ASSOCIATES INCCPAS 1825 HAMILTON AVE SAN JOSE CA 951255624 990 2023-06-01 830913511 ASLAN HOUSING FOUNDATION ASLA 6505690909 3560 FARM HILL BLVD REDWOOD CITY CA 94061 NICOLE BERGERON PRESIDENT 6505690909 2024-10-04 1 0 ANNA M PHILIP CPA P01287009 4082647800 2023 2024-10-15 13:58:12Z NICOLE BERGERON 3560 FARM HILL BLVD REDWOOD CITY CA 94061 4829478 0 X WWW.ASLAN.ORG X 2018 CA PROVIDE AFFORDABLE PASTORAL HOUSING TO SUPPORTED MINISTRIES INCL. PENINSULA COVENANT CHURCH (PCC). 8 7 3 7 0 0 255912 243359 14857 50141 801862 504070 -192573 -176321 880058 621249 0 0 0 0 156384 170166 0 0 27308 69062 86100 225446 256266 654612 364983 6913129 9109876 1637561 3471451 5275568 5638425 THE PURPOSE OF THE ASLAN HOUSING FOUNDATION IS TO PROVIDE AFFORDABLE PASTORAL HOUSING TO THE SUPPORTED MINISTRIES, INCLUDING PENINSULA COVENANT CHURCH, REDWOOD CITY, CA. 0 0 118461 -174736 HOUSING PATHWAYSTO SUPPORT MORE PCC PASTORS WITH AFFORDABLE HOUSING, WE SOLD ONE 3/2 HOUSE, BOUGHT AND REFURBISHED A DUPLEX OF 2/2S, BUILT A JADU, AND REFURBISHED A 3-BR HOUSE. PASTORS IN SAN FRANCISCO AND MANTECA BOUGHT HOMES THROUGH OUR DOWN PAYMENT ASSISTANCE PROGRAM. WE RAISED $5,872,441 IN EQUITY SHARE FUNDS FOR THE ACQUISITION OF THESE HOMES AND OTHERS THAT ARE NOT YET ON OUR BALANCE SHEET. WE PROVIDED CONSULTING SERVICES TO 15+ CHURCHES AND MINISTRIES THROUGHOUT CALIFORNIA. WE SUPPORT AN ONLINE MARKETPLACE WHERE MINISTRY STAFF CAN FIND HOUSING AND LANDLORDS CAN LIST AVAILABLE BELOW MARKET RENTALS. 39487 47423 COACHING:ASLAN OFFERS 1:1 COACHING TO PASTORS. WE REVIEW HOUSING ALLOWANCES FOR ACCURACY. WE ARE A SAFE SPACE FOR MINISTERS TO SHARE THEIR HOUSING BURDENS.DISCIPLING STAKEHOLDERS:ASLAN STAFFS THE HOUSING COMMITTEE OF SUPPORTED ORGANIZATION PENINSULA COVENANT CHURCH (PCC). WITH OTHER CHURCHES, SCHOOLS, AND MINISTRIES WE DIRECTLY SERVE, WE SHARE WHAT THE BIBLE SAYS ABOUT THE RESPONSIBILITIES OF LAY PEOPLE TO PASTORS AND MINISTRY STAFF. WE PROVIDE INFORMATION ON EFFECTIVE DONATION AND INVESTMENT STRATEGIES FOR PASTORAL HOUSING EQUITY SHARES. 157948 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 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 4 0 1 3 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6505690909 3560 FARM HILL BLVD REDWOOD CITY CA 94061 DOUG MORTON DIRECTOR/CHAIRMAN 1.00 X X 0 0 0 NICOLE BERGERON PRESIDENT/CEO 40.00 X X 138350 0 20980 SCOTT ARMIENTI TREASURER 3.00 X X 0 0 0 DANIELA PEDLEY VICE-CHAIRMAN 1.00 X X 0 0 0 SCOTT TYNDALL SECRETARY 3.00 X X 0 0 0 JANET CHUANG DIRECTOR 3.00 X 0 0 0 PATRICIA ORTIZ DIRECTOR 0.50 X 0 0 0 DIANE ELIA DIRECTOR 1.00 X 0 0 0 138350 0 20980 1 0 1 0 0 243359 40384 243359 CONSULTING INCOME 541610 28172 28172 DPA PROGRAM REVENUE 531310 19251 19251 RENTAL PROPERTY MGMT-PROGRAM RELA 531310 2718 2718 50141 58067 58067 43215 219536 -176321 -176321 -176321 2184696 2250000 2179260 1809433 5436 440567 446003 446003 621249 -126180 0 504070 X 155066 108546 31013 15507 12877 12877 1238 866 248 124 985 690 197 98 1296 519 194 583 9195 9195 40557 30957 9600 1623 88 1472 63 7839 7839 634 312 11 311 27 27 15276 15276 STRATEGIC COMMUNICATION 6813 3066 2725 1022 FEES 2578 2578 DUES & SUBSCRIPTIONS 262 262 256266 157948 71010 27308 78544 73223 12261 2073936 3965 6413 604045 2551486 3299785 193412 3444147 3106373 2644117 695453 126050 602992 6913129 9109876 26441 17300 1005230 0 605890 3454151 1637561 3471451 X 0 0 0 0 5275568 5638425 5275568 5638425 6913129 9109876 364983 -2126 0 X 0 0 0 X X X 1 PENINSULA COVENANT CHURCH 941447220 1 1 0 127843 1 0 127843 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 X 1 1 SCHEDULE A, PART I, LINE 12G: ALL OF THIS ORGANIZATIONS' PROGRAM EXPENSES WERE SPENT ON BEHALF OF ITS SUPPORTED ORGANIZATION, TO ATTRACT AND RETAIN STAFF FOR THE SUPPORTED ORGANIZATION. (SEE PROGRAM ACCOMPLISHMENTS FOR A DETAILED EXPLANATION.) SCHEDULE A, PART VI, SECTION D, LINE 2: THE OFFICERS AND DIRECTORS OF ASLAN AND THE SUPPORTED ORGANIZATION PCC, MAINTAIN A CLOSE AND CONTINUOUS WORKING RELATIONSHIP THROUGH REGULAR WRITTEN AND IN PERSON UPDATES PROVIDED TO THE OFFICERS OF PCC AND THE FULL COUNCIL (LEADERSHIP TEAM OR BOARD OF DIRECTORS). THE TREASURER OF ASLAN AND ONE OTHER ASLAN BOARD MEMBER SERVE ON THE HOUSING COMMITTEE OF THE SUPPORTED ORGANIZATION. THE CHAIR AND TREASURER OF ASLAN SERVE ON PCC'S ADMIN & FINANCE COMMITTEE. THE CEO OF ASLAN REGULARLY INTERACTS WITH PCC HR AND FINANCE STAFF. ASLAN SENDS PERIODIC UPDATES TO THE STAKEHOLDERS (MEMBERS) OF THE SUPPORTED ORGANIZATION VIA E-MAIL AND HARD COPY. ASLAN SURVEYS STAFF OF THE SUPPORTED ORGANIZATION TO ENSURE OUR PROGRAMS ARE RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATION. ASLAN COORDINATES MESSAGING, WORKSPACE, AND CALENDARS WITH THE ADMINISTRATIVE STAFF OF THE SUPPORTED ORGANIZATION. ASLAN RECEIVES ALL MAIL AND WRITTEN COMMUNICATIONS, CONDUCTS PROGRAM ACTIVITIES, AND BOARD MEETINGS ON THE SITE OF THE SUPPORTED ORGANIZATION. SCHEDULE A, PART VI, SECTION D, LINE 3: BECAUSE OF THE CLOSE AND CONTINUOUS WORKING RELATIONSHIP, THE SUPPORTED ORGANIZATION (PCC) HAS A SIGNIFICANT VOICE IN ASLAN'S INVESTMENT POLICIES, THE TIMING OF GRANTS, MANNER OF MAKING GRANTS, SELECTION OF GRANT RECIPIENTS, AND OTHER USE OF INCOME OR ASSETS. SPECIFICALLY, ASLAN RELIES ON THE HOUSING POLICY, HOUSING COMMITTEE, AND HOUSING MATRIX OF THE SUPPORTED ORGANIZATION TO AWARD HOUSING SOLUTIONS TO THE SUPPORTED ORGANIZATION'S STAFF. THIS INCLUDES THE TIMING, MANNER, AND SELECTION OF HOUSING PATHWAYS FOR SPECIFIC STAFF. ASSETS RECEIVED FROM THE SUPPORTED ORGANIZATION ARE DEDICATED TO ASLAN'S PROGRAM BENEFITTING THE STAFF AND MISSION OF THE SUPPORTING ORGANIZATION. SCHEDULE A, PART VI, SECTION E, LINE 2A: ASLAN HOUSING FOUNDATION COORDINATES WITH PENINSULA COVENANT CHURCH (PCC) AND EVANGELICAL COVENANT CHURCH (ECC) IN PROVIDING AVAILABLE HOUSING SOLUTIONS TO MINISTRY PROFESSIONALS IN ACCORDANCE WITH ITS HOUSING POLICY. THE MENTORING AND COACHING SERVICES ARE PROVIDED TO HELP STAFF DEVELOP PERSONALIZED HOUSING PLANS DESIGNED FOR THEIR UNIQUE CAPACITIES AND OBJECTIVES. ASLAN WILL ACQUIRE ASSETS TO SUPPORT THE PROVISION OF HOUSING, COUNSELING, FUNDING, PARTNERSHIPS, AND OTHER RESOURCES TO THE PCC STAFF. ASLAN WAS RESPONSIVE TO THE ECC AND PCC THROUGH REGULAR DIALOGUE WITH LEADERS ABOUT THE STRATEGIC NEEDS OF THE ORGANIZATIONS. SPECIFICALLY, THE RECRUITMENT AND RETENTION OF MINISTERS AND STAFF IS PROFOUNDLY IMPACTED BY THE BAY AREA HOUSING CRISIS. ASLAN REPORTS REGULARLY TO THE OFFICERS (LAITY) LEADERSHIP TEAM (LAITY), AND LEAD TEAM (STAFF) OF PCC. THE CHAIR AND TREASURER OF ASLAN SERVE ON PCC'S ADMIN & FINANCE COMMITTEE. THE ASLAN CEO MEETS REGULARLY WITH THE HR LEADER OF PCC TO ENSURE IT IS RESPONSIVE TO PCC NEEDS. THE ASLAN TREASURER AND ONE OTHER BOARD MEMBER SERVE ON THE HOUSING COMMITTEE OF PCC TO MANAGE AND FACILITATE THE PROVISION OF HOUSING TO THE MINISTERS AND STAFF PCC. ASLAN WORKED WITH THE ECC'S NATIONAL COVENANT PROPERTIES TO SECURE AND MANAGE LOAN FUNDS FOR ACQUISITION OF HOUSING. SCHEDULE A, PART VI, SECTION E, LINE 2B: WITHOUT THE SERVICES PROVIDED BY ASLAN HOUSING FOUNDATION, PENINSULA COVENANT CHURCH (PCC) WOULD HAVE TO DEDICATE TIME AND RESOURCES TO MEET THE HOUSING NEEDS OF ITS STAFF. PCC WOULD NEED TO RAISE FUNDS TO SECURE HOUSING PATHWAYS AND ADVISE ITS STAFF ABOUT AVAILABLE PATHWAYS AND THE HOUSING ALLOWANCE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 616866 616866 2666766 190945 2475821 3633 1074 2559 12520 1393 11127 3106373 CONSTRUCTION-IN-PROGRESS 602992 602992 SECURITY DEPOSITS 6165 EQUITY SHARES PAYABLE 3447986 3454151 X 0 0 0 0 0 0 0 0 0 0 0 NICOLE BERGERON PRESIDENT/CEO 0 0 0 0 138350 0 0 0 20980 0 159330 0 0 0 JANET CHUANG BOARD MEMBER 900 ARCHITECT-PROVIDED BELOW MARKET ARCHITECTURAL DESIGN SERVICES FOR THE CONSTRUCTION OF JADU. THE TERMS OF THE ENGAGEMENT WERE DISCUSSED AND VOTED ON BY DISINTERESTED BOARD MEMBERS PURSUANT TO CONFLICT OF INTEREST POLICY AND DETERMINED TO BE IN THE BEST INTEREST OF ASLAN. 0 X 2 40384 AVERAGE TRADING PRICE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THOSE INDIVIDUALS IN THE ORGANIZATION CHARGED WITH FINANCIAL MATTERS REVIEW THE TAX RETURN PRIOR TO FILING. THE ENTIRE BOARD RECEIVES A COMPLETE COPY OF THE TAX RETURN WHEN IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THE POLICIES OF THE ORGANIZATION, AN INTERESTED PERSON HAS THE DUTY TO DISCLOSE A POSSIBLE CONFLICT OF INTEREST SITUATION WHICH WILL THEN BE CONSIDERED BY THE REMAINING MEMBERS OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 15 BOARD MEMBERS OF THE ORGANIZATION ARE NOT COMPENSATED. THEY SERVE AS VOLUNTEERS. THE CEO'S COMPENSATION IS DEPENDENT ON A FAVORABLE VOTE BY THE BOARD MEMBERS. THE SALARY MUST TAKE INTO ACCOUNT THE SUCCESS OF ASLAN'S PROGRAMS AND ITS FINANCIAL STATUS. THE AMOUNT OF COMPENSATION IS BASED ON ANNUAL COMPENSATION REPORTS FROM GUIDESTAR, EXPONENT PHILANTHROPY, AND MARKET COMPARABLES FROM SILICON VALLEY FOUNDATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, TAX RETURNS, AND EXEMPT APPLICATION AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 30,957. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 9,600. TOTAL EXPENSES 40,557. PENINSULA COVENANT CHURCH 3560 FARM HILL BLVD REDWOOD CITY CA 94061 941447220 CHURCH CA 501(C)(3) LINE 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0