2025-11-13T18:16:12-06:00 2024-12-31 941250261 LINDQUIST VON HUSEN & JOYCE LLP 301 HOWARD STREET SUITE 850 SAN FRANCISCO CA 94105 990 2024-01-01 946115413 PALO ALTO SENIOR HOUSING PROJECT INC PALO 6504941944 455 E CHARLESTON ROAD PALO ALTO CA 94306 JOHN WANG PRESIDENT 6504941944 2025-11-13 1 0 JOE HUIE P00422192 4159579999 2024 2025-03-06 01:10:19Z STEVENSON HOUSE JOHN WANG 455 E CHARLESTON ROAD PALO ALTO CA 94306 743671 0 X HTTPS://STEVENSONHOUSE.ORG/ X 1965 CA PROVIDED 160 PEOPLE OF LOW, VERY LOW AND EXTREMELY LOW INCOME, BELOW-MARKET HOUSING IN 120 STUDIO AND ONE BEDROOM UNITS AND SOCIAL AS WELL AS HEALTH ORIENTED ACTIVITIES TO THE RESIDENTS. PROVIDED HEALTHY NUTRITIOUS HOT LUNCH 5 DAYS A WEEK IN PARTNERSHIP WITH ANOTHER NON-PROFIT. 11 11 0 11 0 0 36642 5144 686008 700616 31535 37911 0 0 754185 743671 0 0 0 0 0 0 0 0 0 110583 81791 110583 81791 643602 661880 11334719 12126821 13902034 13939442 -2567315 -1812621 OUR MISSION IS TO PROVIDE AFFORDABLE HOUSING WHERE INDEPENDENT, LOW-INCOME SENIORS ENJOY A SAFE AND CARING COMMUNITY. 0 0 42926 700616 THE ORGANIZATION MANAGES AND OPERATES AN APARTMENT COMPLEX CONSISTING OF 120 UNITS FOR LOW-INCOME ELDERLY AND HANDICAPPED PERSONS UNDER HUD SECTION 202 OF THE NATIONAL HOUSING ACT, ON THE BEHALF OF THE PASHPI STEVENHOUSE LIMITED PARTNERSHIP. 42926 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 CA X X THE ORGANIZATION 6504941944 455 E CHARLESTON ROAD PALO ALTO CA 94306 X JOHN WANG PRESIDENT 3.00 X X 0 0 0 MARK LEVI VICE PRESIDENT 2.00 X X 0 0 0 TERRY ROBERTS SECRETARY 2.00 X X 0 0 0 LANIE WHEELER TREASURER 2.00 X X 0 0 0 T RUTH CHANG TRUSTEE 1.00 X 0 0 0 DAVID CHAPPLE TRUSTEE, RESIDENT REPRESENTIVE 1.00 X 0 0 0 JERRY NUGENT TRUSTEE 1.00 X 0 0 0 SUSAN XU OTTE TRUSTEE 1.00 X 0 0 0 TANIA HARDAN TRUSTEE 1.00 X 0 0 0 EDIE KEATING TRUSTEE, SERVICE COMMITTEE CHAIR 1.00 X 0 0 0 DAN BARRITT TRUSTEE, AUDIT CHAIR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 5144 5144 GROUND LEASE INCOME 531110 415000 415000 PROGRAM RELATED INTERE 531110 185184 185184 GROUND LEASE INTEREST 531110 67813 67813 PARTNERSHIP MGMT FEE 531110 32619 32619 700616 37911 37911 743671 700616 0 37911 220 220 38645 38645 29557 29557 ADMINISTRATIVE 5634 5634 LOSS FROM PRGRM RELATED 5057 5057 FOOD SERVICE EXPENSE 2678 2678 81791 42926 38865 0 220117 244838 325267 129770 91747 92026 90318 90318 90318 801235 1271687 9806035 10298182 11334719 12126821 1433 1397 985237 985237 12915364 12952808 13902034 13939442 X -2567315 -1812621 -2567315 -1812621 11334719 12126821 661880 92814 0 X X 0 1 X 1 1 1 X 6149 208864 33575 36642 5144 290374 657737 669388 680713 686008 700616 3394462 663886 878252 714288 722650 705760 3684836 0 0 0 3684836 245961 285070 8455 31535 37911 608932 245961 285070 8455 31535 37911 608932 909847 1163322 722743 754185 743671 4293768 0.85820 0.76580 0.14180 0.23420 X 90318 90318 90318 RELATED-PARTY NOTE RECEIVABLE 7311989 GROUND LEASE RECEIVABLE 2986193 10298182 INTEREST PAYABLE 467338 SHARE OF PASS-THROUGH LOSSES IN EXCESS OF ASSETS OF OTHER COMPANIES 12485470 12952808 X PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2020 THROUGH 2023 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY. FORM 990, PART VI, SECTION A, LINE 3 JOHN STEWART COMPANY PROVIDED PROPERTY MANAGEMENT AND ACCOUNTING SERVICES. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS ARE PROVIDED COPIES OF THE FORM 990 PRIOR TO ITS FILING. THE PRESIDENT AND THE TREASURER APPROVE THE DOCUMENT. FORM 990, PART VI, SECTION B, LINE 12C SECRETARY OF THE BOARD GIVES EACH MEMBER A COPY OF THE POLICY. EACH MEMBER REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY EACH YEAR. BOARD MEMBERS CANNOT VOTE OR PARTICIPATE IN DELIBERATION ON ISSUES IN WHICH THEY HAVE A FINANCIAL INTEREST. NO SUCH SITUATIONS AROSE. FORM 990, PART VI, SECTION C, LINE 19 THE 990 AND OTHER DOCUMENTS ARE AVAILABLE BY REQUEST IN THE ADMINISTRATION OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR. STEVENSON HOUSE FOUNDATION 455 E CHARLESTON ROAD PALO ALTO CA 94306 873714967 SUPPORTING ORGANIZATION FOR PASHPI INC. A TYPE 1 SUPPORTING ORGANIZATION CA 501(C)(3) LINE 12A, I PALO ALTO SENIOR HOUSING PROJECT INC 1 PASHPI STEVENSON HOUSE LP 455 E CHARLESTON ROAD PALO ALTO CA 94306 471892601 PROVIDE LOW INCOME HOUSING CA N/A 0 0 PASHPI STEVENSON HOUSE LLC 455 E CHARLESTON ROAD PALO ALTO CA 94306 471884443 PROVIDE LOW INCOME HOUSING CA PALO ALTO SENIOR HOUSING PROJECT INC C 25772 43252 0.79000 1 1 0 0 1 0 0 0 0 0 1 1 1 0 1 0 0 1 1 1 PASHPI STEVENSON HOUSE LP A 252997 BOOK VALUE PASHPI STEVENSON HOUSE LP D 6516109 BOOK VALUE PASHPI STEVENSON HOUSE LP J 415000 BOOK VALUE