2026-04-14T19:54:49-05:00 2025-05-31 942767324 SEEBA & ASSOCIATES INCCPAS 1825 HAMILTON AVE SAN JOSE CA 951255624 990 2024-06-01 830913511 ASLAN HOUSING FOUNDATION ASLA 6505690909 3560 FARM HILL BLVD REDWOOD CITY CA 94061 NICOLE BERGERON PRESIDENT 6505690909 2026-04-13 1 0 ANNA M PHILIP CPA P01287009 4082647800 2024 2025-03-06 01:10:19Z NICOLE BERGERON 3560 FARM HILL BLVD REDWOOD CITY CA 94061 1495482 0 X WWW.ASLAN.ORG X 2018 CA PROVIDE AFFORDABLE PASTORAL HOUSING TO SUPPORTED MINISTRIES INCL. PENINSULA COVENANT CHURCH (PCC). 8 7 2 0 0 0 243359 338705 50141 150935 504070 78234 -176321 -11405 621249 556469 0 0 0 0 170166 192784 0 0 12521 86100 107104 256266 299888 364983 256581 9109876 11639478 3471451 5744185 5638425 5895293 THE PURPOSE OF THE ASLAN HOUSING FOUNDATION IS TO PROVIDE AFFORDABLE PASTORAL HOUSING TO THE SUPPORTED MINISTRIES, INCLUDING PENINSULA COVENANT CHURCH, REDWOOD CITY, CA. ASLAN IS EXPANDING TO INCLUDE MORE CHURCHES AND MINISTRY ORGANIZATIONS. 0 0 105072 51850 DOWN PAYMENT ASSISTANCE (DPA) PROGRAMPROVIDED SHARED-EQUITY DOWN PAYMENT ASSISTANCE FOR STAFF OF SUPPORTED ORGANIZATIONS AND A GROWING NUMBER OF CHURCHES AND MINISTRY ORGANIZATIONS. CLOSED TRANSACTIONS FOR A CURRENT SUPPORTED-ORGANIZATION PASTOR (FUNDED THROUGH EXISTING "FBO" DONOR-DESIGNATED FUNDS), A FORMER PRESCHOOL TEACHER (FUNDED THROUGH NEW MEMBER INVESTMENTS), A MINISTRY LEADER AT TRANSFORMING THE BAY WITH CHRIST, AND OTHER MINISTRY RECIPIENTS. COORDINATED WITH INVESTORS, LENDERS, AND REAL ESTATE PROFESSIONALS TO COMPLETE THESE TRANSACTIONS AND CREATED INDIVIDUALIZED HOUSING PATHWAYS. 52536 13250 HOUSING PROGRAM FOR SUPPORTED ORGANIZATIONSMANAGED BELOW-MARKET RENTAL HOUSING FOR STAFF OF SUPPORTED ORGANIZATIONS, INCLUDING OVERSIGHT OF MULTIPLE DEBT-FREE UNITS, TENANT PLACEMENT, AND RENT MODELING. PROVIDED PRO BONO SUPPORT TO HOUSING COMMITTEES AND HR TEAMS, INCLUDING ANALYSIS AND PROCESSING OF MINISTERIAL HOUSING ALLOWANCES AND DEVELOPMENT OF RENT TABLES FOR ON- AND OFF-CAMPUS HOUSING. MAINTAINED PROPERTY OPERATIONS TO ENSURE STABILITY AND AFFORDABILITY FOR STAFF. 52536 74430 CONSULTING AND MARKETPLACEDELIVERED CONSULTING SERVICES TO LOCAL CHURCHES AND CHRISTIAN NONPROFITS, INCLUDING SUPPORTED ORGANIZATIONS, ON HOUSING POLICY, PROPERTY STRATEGY, AND MINISTRY STAFF HOUSING SOLUTIONS. EXPANDED OUR REACH BY WORKING WITH A SUPPORTED-ORGANIZATION CONGREGATION IN WASHINGTON STATE. MANAGED THE ASLAN MARKETPLACE TO CONNECT PROPERTY OWNERS WITH MINISTRY STAFF SEEKING BELOW-MARKET HOUSING, FOSTERING COLLABORATION AND RESOURCE SHARING. 210144 1 1 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 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 2 1 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 X SCOTT ARMIENTI CHAIRMAN 3.00 X X 0 0 0 NICOLE BERGERON PRESIDENT/CEO 40.00 X X 1 0 159421 SCOTT TYNDALL TREASURER 3.00 X X 0 0 0 DIANE ELIA SECRETARY 1.00 X X 0 0 0 JANET CHUANG DIRECTOR 3.00 X 0 0 0 BRAD CIRAULO DIRECTOR 0.50 X 0 0 0 GREG LUNDELL DIRECTOR 0.50 X 0 0 0 1 0 159421 0 0 1 0 0 338705 68612 338705 CONSULTING INCOME 541610 69486 69486 DPA PROGRAM REVENUE 531310 51850 51850 RENTAL PROPERTY MGMT-P 531310 29599 29599 150935 77177 77177 166527 182876 -16349 -16349 -16349 757194 756137 1057 1057 1057 MISC INCOME 900099 4944 4944 4944 556469 139530 0 78234 190447 152358 28567 9522 2337 1869 351 117 5441 5441 8486 8486 20287 20287 2232 11 2208 13 18707 2806 15901 3677 3572 105 18926 4731 14195 STRATEGIC COMMUNICATION 18426 11977 3685 2764 PROF DEVELOPMENT 6240 6240 FEES 3024 3024 DUES & SUBSCRIPTIONS 1136 852 284 522 522 299888 210144 77223 12521 73223 17145 2073936 2534731 6413 37067 2551486 5337071 3904578 313306 3106373 3591272 695453 122192 602992 0 9109876 11639478 17300 17281 3454151 5726904 3471451 5744185 X 0 0 0 0 5638425 5895293 5638425 5895293 9109876 11639478 256581 287 0 X 0 0 0 X X X 1 PENINSULA COVENANT CHURCH 941447220 1 1 0 210144 1 0 210144 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: THE MAJORITY OF ORGANIZATIONS' PROGRAM EXPENSES WERE SPENT ON BEHALF OF ITS SUPPORTED ORGANIZATION, TO ATTRACT AND RETAIN STAFF FOR THE SUPPORTED ORGANIZATION. ADDITIONAL PROGRAM ACTIVITIES ALSO PROVIDED HOUSING SOLUTIONS TO OTHER MINISTRY AND NONPROFIT STAFF IN ALIGNMENT WITH THE ORGANIZATION'S MISSION. (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, SUPPORTED ORGANIZATIONS HAVE A SIGNIFICANT VOICE IN ASLAN'S INVESTMENT POLICIES, THE TIMING AND MANNER OF PROVIDING HOUSING ASSISTANCE, THE SELECTION OF RECIPIENTS, AND OTHER USES OF INCOME OR ASSETS. SPECIFICALLY, ASLAN RELIES ON THE HOUSING POLICY, HOUSING COMMITTEES, AND HOUSING MATRICES OF SUPPORTED ORGANIZATIONS TO AWARD HOUSING SOLUTIONS TO THEIR STAFF. THIS INCLUDES DETERMINING THE TIMING, MANNER, AND SELECTION OF HOUSING PATHWAYS FOR SPECIFIC STAFF. ASSETS RECEIVED FROM SUPPORTED ORGANIZATIONS ARE DEDICATED TO ASLAN'S PROGRAMS BENEFITING THEIR STAFF AND MISSION. SCHEDULE A, PART VI, SECTION E, LINE 2A: ASLAN HOUSING FOUNDATION COORDINATES WITH SUPPORTED ORGANIZATIONS TO PROVIDE HOUSING SOLUTIONS TO MINISTRY PROFESSIONALS UNDER THEIR HOUSING POLICIES. WE OFFER MENTORING AND COACHING TO HELP STAFF DEVELOP PERSONALIZED HOUSING PLANS, AND ACQUIRE ASSETS TO SUPPORT HOUSING, COUNSELING, FUNDING, PARTNERSHIPS, AND OTHER RESOURCES FOR STAFF. WE MAINTAIN REGULAR DIALOGUE WITH SUPPORTED-ORGANIZATION LEADERS ABOUT STRATEGIC NEEDS, PARTICULARLY THE IMPACT OF THE BAY AREA HOUSING CRISIS ON RECRUITING AND RETAINING STAFF. ASLAN REPORTS TO LEADERSHIP TEAMS, WITH BOARD MEMBERS SERVING ON ADMIN & FINANCE COMMITTEES AND HOUSING COMMITTEES. THE CEO MEETS REGULARLY WITH HR LEADERS TO ENSURE RESPONSIVENESS TO STAFF NEEDS. ASLAN ALSO WORKED WITH NATIONAL COVENANT PROPERTIES TO SECURE AND MANAGE LOAN FUNDS FOR HOUSING ACQUISITIONS. SCHEDULE A, PART VI, SECTION E, LINE 2B: WITHOUT THE SERVICES PROVIDED BY ASLAN HOUSING FOUNDATION, SUPPORTED ORGANIZATIONS WOULD HAVE TO DEDICATE SIGNIFICANT TIME AND RESOURCES TO MEET THE HOUSING NEEDS OF THEIR STAFF, RAISE FUNDS TO SECURE HOUSING PATHWAYS, AND ADVISE STAFF ABOUT AVAILABLE PATHWAYS AND HOUSING ALLOWANCES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 616866 616866 3271559 308995 2962564 3633 1805 1828 12520 2506 10014 3591272 SECURITY DEPOSITS 10918 SHARED APPRECIATION PAYABLE 5715986 5726904 X 0 0 0 0 0 0 0 0 0 0 0 NICOLE BERGERON PRESIDENT/CEO 1 0 0 0 0 0 0 0 159421 0 159422 0 0 0 X 6 66787 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 CANDID, EXPONENT PHILANTHROPY, AND MARKET COMPARABLES FROM SILICON VALLEY FOUNDATIONS. ASLAN WILL CONDUCT A FORMAL COMPENSATION STUDY FOR FY25-26. 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. 990 PART VII; SCHEDULE J PART II THE CEO'S COMPENSATION INCLUDES A MINISTERIAL HOUSING ALLOWANCE, RETIREMENT CONTRIBUTIONS, AND QSEHRA BENEFITS CONSISTENT WITH IRS PROVISIONS APPLICABLE TO MINISTERS IN THE EXERCISE OF MINISTRY. PART X LINE 25; SCHEDULE D PART X SHARED APPRECIATION PAYABLE REPRESENTS INVESTOR OBLIGATIONS UNDER ASLAN'S SHARED APPRECIATION DOWN PAYMENT ASSISTANCE PROGRAM. THESE OBLIGATIONS ARE CONTINGENT ON FUTURE PROPERTY SALE PROCEEDS AND DO NOT CONSTITUTE CONVENTIONAL DEBT OR BORROWING. 990 PART X LINE 7 NOTES AND LOANS RECEIVABLE REPRESENT SECURED NOTES RECEIVABLE UNDER THE SHARED APPRECIATION DPA PROGRAM. 990 PART X LINE 11 INVESTMENT ASSETS LIQUIDATED DURING THE YEAR WERE HELD FOR THE BENEFIT OF PENINSULA COVENANT CHURCH. PROCEEDS WERE DEPLOYED TO PURCHASE A RESIDENCE FOR A PCC PASTOR UNDER ASLAN'S SHARED APPRECIATION DOWN PAYMENT ASSISTANCE PROGRAM. 990 PART X LINE 10 KING-ADU AND KING-JADU ARE PCC-AFFILIATED RESIDENTIAL UNITS HELD AND MANAGED BY ASLAN FOR THE BENEFIT OF PENINSULA COVENANT CHURCH, LOCATED ADJACENT TO ASLAN'S FARM HILL PROPERTIES. 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