2024-11-04T16:52:30-06:00 2024-06-30 946214841 ARMANINO ADVISORY LLC 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2023-07-01 942830116 GIOVANNI CENTER GIOV 4082887421 85 SOUTH 5TH STREET SAN JOSE CA 95112 DEACON ERIC SIMONTIS TREASURER AND SECRETARY 4082887421 2024-11-04 1 1 WANWAN ZHANG P01317662 4082006400 2024-11-04 2023 2024-10-15 13:58:12Z TIYEN LIN 85 SOUTH 5TH STREET SAN JOSE CA 95112 320573 0 0928 X N/A X 1982 CA TO PROVIDE HOUSING AND RELATED FACILITIES AND SERVICES FOR THE LOW-INCOME ELDERLY AND HANDICAPPED. 6 6 0 6 0 0 76112 85369 221071 233950 246 1254 0 0 297429 320573 0 0 0 0 0 0 0 0 0 234596 250432 234596 250432 62833 70141 865096 915838 747889 728490 117207 187348 TO PROVIDE HOUSING AND RELATED FACILITIES AND SERVICES FOR THE LOW-INCOME ELDERLY AND HANDICAPPED. 0 0 223976 233950 GIOVANNI CENTER OPERATES A 24-UNIT APARTMENT COMPLEX FOR RENT TO ELDERLY INDIVIDUALS OF LOW AND MODERATE INCOME. 34 PEOPLE WERE SERVED DURING THE YEAR. 223976 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X THE JOHN STEWART CO 8314385725 104 WHISPERING PINES DR 200 SCOTTS VALLEY CA 95066 X TIYEN LIN PRESIDENT 0.50 0.50 X X 0 0 0 RAGAN HENNINGER BOARD MEMBER 0.50 0.50 X 0 0 0 SANG LEE BOARD MEMBER 0.50 0.50 X 0 0 0 DEACON ERIC SIMONTIS TREASURER/SECRETARY 0.50 0.50 X X 0 0 0 FLAHERTY WARD BOARD MEMBER 0.50 0.50 X 0 0 0 ANNA LE BOARD MEMBER 0.50 0.50 X 0 0 0 0 0 0 0 0 0 0 0 85369 85369 RENTAL INCOME 531110 232399 232399 LAUNDRY & OTHER INCOME 531390 1551 1551 233950 1254 1254 320573 233950 0 1254 X 11427 11427 14796 14796 54321 54321 4400 4167 233 107573 107573 8564 8564 15096 15096 56 56 OPERATING AND MAINTENAN 33080 33080 MISC LICENSE AND PERMIT 1119 1119 250432 223976 26456 0 183861 273562 47544 195 34420 38157 2405573 2210078 210591 195495 388680 408429 865096 915838 42093 27187 96 95 535777 522721 155141 155141 14782 23346 747889 728490 X 117207 187348 117207 187348 865096 915838 70141 0 X 0 1 X 1 0 X 70341 76179 75879 76112 85369 383880 220726 216318 227137 221071 233950 1119202 291067 292497 303016 297183 319319 1503082 0 97948 81937 95702 97183 113888 486658 97948 81937 95702 97183 113888 486658 1016424 1501 922 111 246 1254 4034 1501 922 111 246 1254 4034 292568 293419 303127 297429 320573 1507116 0.67440 0.68300 0.00270 0.00330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 74000 74000 2320527 2200089 120438 11046 9989 1057 195495 INSURANCE, DEBT AND OPERATING RESERVES 125414 REPLACEMENT RESERVES 270604 TENANT SECURITY DEPOSITS 12411 408429 TENANT SECURITY DEPOSIT 11850 ACCRUED INTEREST 11496 23346 X 320573 0 320573 0 320573 250432 0 250432 0 250432 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE ORGANIZATION IN ITS FEDERAL AND STATE TAX RETURNS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND STATE OF CALIFORNIA. THE ORGANIZATION'S FEDERAL RETURNS FOR THE TAX YEARS 2021 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE TAX YEARS 2020 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTOR HIRED A PROPERTY MANAGEMENT COMPANY - THE JOHN STEWART COMPANY, TO MANAGE THE DAILY OPERATION OF GIOVANNI CENTER. THE BOARD HAS QUARTERLY MEETINGS AND REVIEWS GIOVANNI CENTER'S OPERATIONS. TOTAL MANAGEMENT FEE AND PAYROLL EXPENSE PAID TO JOHN STEWART COMPANY, THE MANAGEMENT COMPANY, IS DISCLOSED ON FORM 990 PART IX, LINES 11A AND 11G FOR FISCAL YEAR 07/01/23 - 06/30/24. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION IS NOT REQUIRED TO HAVE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE MANAGEMENT REVIEWS THE FORM 990, AND A COPY IS SENT TO BOARD OF DIRECTOR BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C AN INTERNAL REVIEW IS DONE BY THE BOARD OF DIRECTORS ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL REIMBURSEMENT: PROGRAM SERVICE EXPENSES 40,213. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40,213. PAYROLL TAX REIMBURSEMENT: PROGRAM SERVICE EXPENSES 3,447. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,447. BENEFIT REIMBURSEMENT: PROGRAM SERVICE EXPENSES 9,655. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,655. CONSULTING: PROGRAM SERVICE EXPENSES 1,006. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,006. NOT REQUIRED FOR RELATED ORGANIZATIONS UNDER GROUP EXEMPTION CA 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0