2025-04-14T12:41:41-05:00 2024-06-30 860750225 Keegan Linscott & Associates PC 3443 N Campbell Avenue Suite 115 Tucson AZ 85719 990 2023-07-01 272145525 Glenn-Verde Housing Inc GLEN 5208849920 504 W 29th Street Tucson AZ 85713 Alicia White CFO 5208385532 2025-04-10 1 1 Carla J Keegan P00596839 5208840176 2023 2025-03-06 01:10:19Z Alicia White 504 W 29th Street Tucson AZ 85713 190266 0 X N/A X 2010 AZ To construct and operate a 24-unit multi-family housing project for low-income persons in Tucson, Arizona under the requirements of the Housing and Economic and Recovery Act (HERA) of 2008 administered by the Arizona Department of Housing(ADOH). 7 7 0 7 0 0 0 0 184111 185184 2125 3485 60 1597 186296 190266 0 0 0 0 0 0 0 0 0 215219 269332 215219 269332 -28923 -79066 2331060 2233597 3048320 3029923 -717260 -796326 The mission of the Corporation is to promote social welfare by fostering of low-income housing. 0 0 224800 186781 Build and operate a 24-unit multi-family housing project for low-income persons in Tucson, Arizona under the requirements of the Housing and Economic and Recovery Act of 2008 administered by the Arizona Department of Housing under the Neighborhood Stabilization Program. 224800 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X Connie Prince Director of Finance 5208849920 504 W 29th Street Tucson AZ 85713 Colleen McDonald Chair 1.00 X X 0 0 0 Linda Lopez Vice Chair 1.00 X X 0 0 0 Patrick O'Hagin Secretary/Treasurer 1.00 X X 0 0 0 Craig Doyle Member-at-Large 1.00 X 0 0 0 Alexandra Terry Member-at-Large 1.00 X 0 0 0 Meghan Heddings Member-at-Large 1.00 X 0 0 0 Matt Kopec Member-at-Large 1.00 X 0 0 0 Daniel Ranieri President/CEO 1.00 39.00 X 0 438137 34911 Michael Prudence Vice Pres/CFO 1.00 39.00 X 0 238961 35419 Kathy Wells Vice Pres/COO 1.00 39.00 X 0 250603 23233 0 927701 93563 0 0 1 0 0 Rental Revenue 623990 189200 189200 Vacancy Expense 623990 -4016 -4016 185184 3485 3485 Miscellaneous Revenue 900099 1198 1198 Late Fees 900099 399 399 1597 190266 186781 0 3485 46193 38091 8102 10800 10800 748 748 59 59 72 72 200 200 77688 77688 28 28 91683 91683 10217 10217 Bad Debt 25430 25430 Equipment 6214 6214 269332 224800 44532 0 228065 204823 1058 39 10009 9983 3031037 1153516 1964247 1877521 127681 141231 2331060 2233597 12909 15121 3215 3979 3032196 3010823 3048320 3029923 X -717260 -796326 -717260 -796326 2331060 2233597 -79066 0 X 0 1 X 1 1 1 X 158110 163690 175557 184111 185184 866652 158110 163690 175557 184111 185184 866652 0 0 0 866652 48 64 36 2125 3485 5758 48 64 36 2125 3485 5758 830 4578 4167 60 1597 11232 158988 168332 179760 186296 190266 883642 0.98080 0.97560 0.00650 0.00280 X 410000 410000 2621037 1153516 1467521 1877521 Tenant deposits held in trust 9371 Replacement Reserve 129882 Related Party Receivables 1978 141231 Tenants deposits held in trust (contra) 9371 Note Payable-Arizona Dept. of Housing 3000000 Related Party Payables 1452 3010823 X 190266 0 190266 0 190266 269332 0 269332 0 269332 Part X, Line 2: The Organization is a Section 501(c)(3) organization exempt from federal income taxes under Section 501(a) of the Internal Revenue Code. Accordingly, no provision for federal or state income taxes is recorded in the accompanying financial statements. Management is not aware of any matters which would cause the Organization to lose its tax-exempt status. However, income from certain activities not directly related to the Organization's tax-exempt purpose, may be subject to taxation as unrelated business income. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organization's returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed. The Organization recognizes interest and penalties related to unrecognized tax benefits in general and operating expenses and accounts payable in the accompanying financial statements. During the years ended June 30, 2024 and 2023, the Organization did not recognize any interest and penalties. 0 1 0 0 0 0 0 0 0 Daniel Ranieri President/CEO 0 429387 0 0 0 8750 0 0 0 34911 0 473048 0 0 Michael Prudence Vice Pres/CFO 0 230211 0 0 0 8750 0 0 0 35419 0 274380 0 0 Kathy Wells Vice Pres/COO 0 240603 0 0 0 10000 0 0 0 23233 0 273836 0 0 Part I, Line 4b The following individuals are participants in a non-qualified retirement plan administered by La Frontera Center, Inc., a related party: Daniel Ranieri: $22,500 Michael Prudence: $22,500 Kathy Wells: $22,500 Form 990, Part VI, Section A, line 6 La Frontera Partners, Inc, the sole member of the corporation, shall act by executing and delivering to the Board Chair a written instrument that sets forth the action taken and the applicable corporate authorizations and directions from the Board of Directors from La Frontera Partners, Inc. Such actions include electing the directors of the corporation, removing a director of the corporation, approving the appointment of the president and CEO, approving all amendments to the corporation's Articles of Incorporation and By-laws, approving the acquisitions or creation of all corporations, and approving the capital and operating budgets of the corporation. Form 990, Part VI, Section A, line 7a See prior statement. Form 990, Part VI, Section B, line 11b The Form 990 is reported to the Finance Committee who reviews the return on behalf of the board. Form 990, Part VI, Section B, line 12c The organization regularly monitors compliance with the conflict of interest policies. Members are required to disclose any potential conflicts. Form 990, Part VI, Section B, line 15 The Organization engages with independent third parties to determine appropriate compensation arrangements. Form 990, Part VI, Section C, line 19 The organization makes all governing documents, conflict of interest policy and financial statements available to the public upon request. La Frontera Center Inc 504 W 29th Street Tucson AZ 85713 860215009 Community health services AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Arizona Inc 0 La Frontera Mariachi Conference Inc 504 W 29th Street Tucson AZ 85713 860475188 Support La Frontera Center in providing community health services AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Arizona Inc 0 La Frontera Partners Inc 504 W 29th Street Tucson AZ 85713 860742427 Low-income housing AZ 501(c)(3) 509(a)(2) La Frontera Arizona Inc 0 EMPACT Suicide Prevention Center Inc 618 S Madison Dr Tempe AZ 85281 742562293 Community health services AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Arizona Inc 0 Arizona Center for the Study of Children & Families Inc 870 W Miracle Mile Tucson AZ 85705 562677146 Studying/improving the child welfare system in AZ AZ 501(c)(3) 170(b)(1)(A)(vi) La Paloma Family Services Inc 0 LF Sunnyside Pointe Inc 504 W 29th Street Tucson AZ 85713 270490096 Low-income housing AZ 501(c)(4) La Frontera Partners Inc 0 LF Bella Vista Apartments Inc 504 W 29th Street Tucson AZ 85713 273373292 HUD 811 PRAC housing for low income and disabled AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Partners Inc 0 La Paloma Family Services Inc 870 W Miracle Mile Tucson AZ 85705 860390583 Shelter, counseling, and assistance to at-risk children and families AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Arizona Inc 0 Kids-Aid Inc 870 W Miracle Mile Tucson AZ 85705 272261613 Fundraising for organizations dedicated to supporting children AZ 501(c)(3) 170(b)(1)(A)(vi) La Paloma Family Services Inc 0 La Frontera Housing Inc 504 W 29th Street Tucson AZ 85713 860940146 HUD 811 PRAC housing for low income and disabled AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Partners Inc 0 LF Kingman Place Inc 504 W 29th Street Tucson AZ 85713 460598012 Low-income housing AZ 501(c)(3) 509(a)(2) La Frontera Partners Inc 0 La Frontera New Mexico Inc 504 W 29th Street Tucson AZ 85713 901004999 Bahavioral health services AZ 501(c)(3) 509(a)(2) La Frontera Arizona Inc 0 La Frontera Community Solutions Inc 504 W 29th Street Tucson AZ 85713 460947138 Development of technology systems for social services to veterans and others AZ 501(c)(3) 509(a)(2) La Frontera Arizona Inc 0 LF Technologies LLC 504 W 29th Street Tucson AZ 85713 371789680 Technology development AZ 501(c)(3) 509(a)(2) La Frontera Community Solutions Inc 0 Southeastern Arizona Behavioral Health Services Inc 611 W Union Street Benson AZ 85602 860325741 Provide behavioral health services AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Arizona Inc 0 Southeastern Arizona Work Opportunity Rural Community 611 W Union Street Benson AZ 85602 263156582 Provide behavioral health services AZ 501(c)(3) 509(a)(2) Southeastern Arizona Behavioral Health Services Inc 0 LF Benson Housing Inc 504 W 29th Street Tucson AZ 85713 931799290 Low-income housing AZ 501(c)(3) 170(b)(1)(A)(vi) La Frontera Partners Inc 0 Sunnyside Pointe Homeowners Association 504 W 29th Street Tucson AZ 85713 271062902 Support/service AZ 528 Sunnyside Pointe Development LLC 0 Sunnyside Pointe Villas LP 504 W 29th Street Tucson AZ 85713 270490458 Low-income housing AZ LF Sunnyside Pointe Villas Inc related 0 0 Sunnyside Pointe Development LLC 504 W 29th Street Tucson AZ 85713 264805555 Real estate development AZ La Frontera Partners Inc related 0 0 Rally Point Apartments LP 504 W 29th Street Tucson AZ 85713 464866814 Real estate development AZ LF Rally Point Apartments Inc related 0 0 Sunnyside Pointe Villas II LP 504 W 29th Street Tucson AZ 85713 473198638 Low-income housing AZ LF SSP Villas II Inc related 0 0 West Point Apartments LP 504 W 29th Street Tucson AZ 85713 811546431 Low-income housing AZ LF West Point Inc related 0 0 Miracle Point Apartments LP 504 W 29th Street Tucson AZ 85713 811517729 Low-income housing AZ LF Miracle Point Inc related 0 0 Storacle Point Apartments LP 504 W 29th Street Tucson AZ 85713 814997791 Low-income housing AZ LF Storacle Point Inc related 0 0 Alborada Apartments LP 504 W 29th Street Tucson AZ 85713 815188447 Low-income housing AZ LF Alborada Housing Inc related 0 0 Park Point Homes LP 504 W 29th Street Tucson AZ 85713 824425871 Low-income housing AZ LF Park Point Inc related 0 0 Center of Hope Apartments LP 504 W 29th Street Tucson AZ 85713 833515505 Low-income housing AZ LF Center of Hope Inc related 0 0 Gateway Apartments LP 504 W 29th Street Tucson AZ 85713 845012605 Low-income housing AZ LF Gateway Housing Inc related 0 0 Sleepy Hollow Estates LP 504 W 29th Street Tucson AZ 85713 881342494 Low-income housing AZ LF Sleepy Hollow Housing Inc related 0 0 West Point Apartments II LP 504 W 29th Street Tucson AZ 85713 923224876 Low-income housing AZ LF West Point II Housing Inc related 0 0 LF Hillcrest Estates LP 504 W 29th Street Tucson AZ 85713 881272347 Low-income housing AZ LF Hillcrest Housing Inc related 0 0 La Frontera Enterprises Inc 504 W 29th Street Tucson AZ 85713 860693038 Support/service AZ EMPACT Suicide Prevention Center Inc C 0 La Frontera Arizona Inc 504 W 29th Street Tucson AZ 85713 860712606 Support/service AZ C 0 LF Sunnyside Pointe Villas Inc 504 W 29th Street Tucson AZ 85713 455589271 Low-income housing AZ La Frontera Partners Inc C 0 LF Rally Point Apartments Inc 504 W 29th Street Tucson AZ 85713 464843477 Low-income housing AZ La Frontera Partners Inc C 0 LF SSP Villas II Inc 504 W 29th Street Tucson AZ 85713 473198451 Low-income housing AZ La Frontera Partners Inc C 0 LF West Point Inc 504 W 29th Street Tucson AZ 85713 811531347 Low-income housing AZ La Frontera Partners Inc C 0 LF Miracle Point Inc 504 W 29th Street Tucson AZ 85713 811495153 Low-income housing AZ La Frontera Partners Inc C 0 LF Storacle Point Inc 504 W 29th Street Tucson AZ 85713 814975418 Low-income housing AZ La Frontera Partners Inc C 0 LF Alborada Housing Inc 504 W 29th Street Tucson AZ 95813 815169783 Low-income housing AZ La Frontera Partners Inc C 0 LF Park Point Inc 504 W 29th Street Tucson AZ 95813 824419450 Low-income housing AZ La Frontera Partners Inc C 0 Stonecorner Real Estate and Development Inc 504 W 29th Street Tucson AZ 85713 841843958 Property management and real estate brokerage AZ La Frontera Partners Inc C 0 Jorgensen Healthcare Assocs Inc 504 W 29th Street Tucson AZ 85713 860687859 Support/service AZ La Frontera Enterprises Inc C 0 LF Center of Hope Inc 504 W 29th Street Tucson AZ 85713 833259903 Low-income housing AZ La Frontera Partners Inc C 0 LF Gateway Housing Inc 504 W 29th Street Tucson AZ 85713 845007272 Low-income housing AZ La Frontera Partners Inc C 0 LF Sleepy Hollow Housing Inc 504 W 29th Street Tucson AZ 85713 881342494 Low-income housing AZ La Frontera Partners Inc C 0 LF West Point II Housing Inc 504 W 29th Street Tucson AZ 85713 923199301 Low-income housing AZ La Frontera Partners Inc C 0 LF Hillcrest Housing Inc 504 W 29th Street Tucson AZ 85713 881216404 Low-income housing AZ La Frontera Partners Inc C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 La Frontera Partners Inc P 105278 cash value Form 990, Schedule R, Part V, Line 2 The Organization does not have a controlled entity within the meaning of Sec. 512(b)(13) and did not make any transfers to an exempt non-charitable related organization. Therefore, Schedule R, Part V, Line 2 is not required to be prepared. However, to be transparent, the Organization has listed all transactions with related parties, without regard to control, that are above the $50,000 reportable threshold for transactions described in lines 1b-1s and all transactions described in line 1a.