2024-10-30T19:05:01-05:00 2023-12-31 814234542 BPM LLP 2001 NORTH MAIN STREET SUITE 360 WALNUT CREEK CA 945967253 990 2023-01-01 850941543 THE AFFORDABILITY PROJECT AFFO 4159544454 3364 SACRAMENTO STREET SAN FRANCISCO CA 94118 JOSEPH TOBONI IV PRESIDENT 4159544454 2024-10-22 1 0 ELENA P SEREBRIAKOVA P01382840 9252961040 2024-10-22 2023 2024-10-15 13:58:12Z JOSEPH TOBONI IV 3364 SACRAMENTO STREET SAN FRANCISCO CA 94118 1146192 0 X AFFORDABILITYPROJECT.COM X 2020 CA TO PROVIDE AFFORDABLE HOUSING UNITS TO LOW AND MIDDLE INCOME INDIVIDUALS AND THEIR FAMILIES THAT ARE PUBLIC SERVICE PROVIDERS THAT SUPPORT CRITICAL LOCAL INFRASTRUCTURES IN THE SAN FRANCISCO BAY AREA AND SURROUNDING COUNTIES, INCLUDING BUT NOT LIMITED TO GOVERNMENT EMPLOYEES, TEACHERS, POLICE OFFICERS, FIREFIGHTERS, PUBLIC HEALTH WORKERS, NURSES AND OTHER FIRST RESPONDERS. 11 10 1 2 0 0 4297180 1141315 0 0 0 2045 0 2832 4297180 1146192 0 0 0 0 211012 240559 0 0 142235 -5257 22750 205755 263309 4091425 882883 6148523 7007102 2104042 2079738 4044481 4927364 X TO PROVIDE AFFORDABLE HOUSING UNITS TO LOW AND MIDDLE INCOME INDIVIDUALS AND THEIR FAMILIES THAT ARE PUBLIC SERVICE PROVIDERS THAT SUPPORT CRITICAL LOCAL INFRASTRUCTURES IN THE SAN FRANCISCO BAY AREA AND SURROUNDING COUNTIES, INCLUDING BUT NOT LIMITED TO GOVERNMENT EMPLOYEES, TEACHERS, POLICE OFFICERS, FIREFIGHTERS, PUBLIC HEALTH WORKERS, NURSES AND OTHER FIRST RESPONDERS. 0 0 A. BETWEEN JANUARY 1, 2023 AND DECEMBER 31, 2023 ALL ACTIVITIES WERE FOR THE PRE-CONSTRUCTION REQUIREMENTS TO SUBMIT THE PROJECT APPLICATION TO THE SAN FRANCISCO PLANNING COMMISSION, COMPLETE PLANNING COMMISSION PROCESS, AND TO EXECUTE COMMUNITY DEVELOPMENT. 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 1 0 0 0 0 1 1 1 1 0 0 1 0 0 0 1 1 0 CA X TIM SZARNICKI 4159544454 3364 SACRAMENTO STREET SAN FRANCISCO CA 94118 JOSEPH TOBONI IV PRESIDENT AND DIRECTOR 1.00 X X 0 0 0 MARY DRISCOLL TOBONI SECRETARY AND DIRECTOR 1.00 X X 0 0 0 ADAM TARTAKOVSKY TREASURER AND DIRECTOR 1.00 X X 0 0 0 KATY TANG DIRECTOR 1.00 X 0 0 0 HILARY NEWSOM DIRECTOR 1.00 X 0 0 0 TIM SZARNICKI EXECUTIVE DIRECTOR 40.00 X X 214160 0 0 JOE TOBONI III BOARD MEMBER 1.00 X 0 0 0 JORDAN LANGER BOARD MEMBER (FROM 10/23) 1.00 X 0 0 0 MIKE HEFFERNAN BOARD MEMBER (FROM 10/23) 1.00 X 0 0 0 JAMIE WEINSTEIN BOARD MEMBER (FROM 10/23) 1.00 X 0 0 0 JOHN ANDREINI BOARD MEMBER (FROM 10/23) 1.00 X 0 0 0 214160 0 0 1 0 1 0 LEAVITT ARCHITECTURE INC 1327 MISSION STREET SAN FRANCISCO CA 94133 ARCHITECTURAL SERVICES 140572 1 1141315 1141315 2045 2045 OTHER 900099 2832 2832 2832 1146192 0 0 4877 226856 89619 137237 13703 13703 1701 1701 80081 80081 301 301 716 716 TAXES & LICENSES 6881 6881 FEES AND EVENTS 4998 4998 REPAIRS & MAINTENANCE 4100 4100 PAYROLL FEES 3396 3396 -79424 -79424 263309 0 121074 142235 191590 233711 347955 5750000 5750000 5750000 206933 675436 6148523 7007102 154042 129738 1950000 1950000 2104042 2079738 X 244481 1127364 3800000 3800000 4044481 4927364 6148523 7007102 882883 0 X 0 1 X 1 0 X 125000 4277180 1141315 5543495 125000 4277180 1141315 5543495 4332099 1211396 2045 2045 2832 2832 5548372 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5750000 5750000 5750000 CONSTRUCTION IN PROGRESS 675436 675436 X 1146192 0 1146192 0 1146192 263309 0 263309 0 263309 PART X, LINE 2: THE ORGANIZATION HAS RECEIVED TAX-EXEMPT STATUS FROM THE FEDERAL GOVERNMENT UNDER INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND THE STATE OF CALIFORNIA UNDER REVENUE AND TAXATION CODE SECTION 23701D. MANAGEMENT BELIEVES THE ORGANIZATION IS CURRENTLY DESIGNED AND OPERATED IN COMPLIANCE WITH THE APPLICABLE REQUIREMENTS OF THE IRC. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. ACCOUNTING PRINCIPLES REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN A TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAX AUTHORITY. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 0 0 0 0 0 1 0 TIM SZARNICKI EXECUTIVE DIRECTOR 199992 0 14168 0 0 0 0 0 0 0 214160 0 0 0 PART I, LINE 7 TIM SZARNICKI'S BONUS WAS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 JOSEPH TOBONI IV, JOSEPH TOBONI III, AND MARY TOBONI HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A ORGANIZATION MEMBERS CAN ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ORGANIZATION MEMBERS CAN MAKE CERTAIN GOVERNACE DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REQUIRES APPROVAL BY THE BOARD FOR COMPENSATION OF TOP MANAGEMENT OFFICIALS AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 18 THE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST.