2026-09-11T07:57:59-05:00 2025-12-31 341874260 CBIZ ADVISORS LLC 700 WEST 47TH STREET SUITE 1100 KANSAS CITY MO 64112 990 2025-01-01 593118700 CONTEMPORARY HOUSING ALTERNATIVES OF FLORIDA INC CONT 7275221504 5345 LAUREL PLACE CLEARWATER FL 33760 TRACY MATER PRESIDENT 7275221504 2026-09-10 1 LISA BURKE P00220718 8169455500 2025 TRACY MATER 5345 LAUREL PLACE CLEARWATER FL 33760 8224514 0 X WWW.CHAFPROPERTIES.COM X 1992 FL QUALITY AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME PERSONS. 6 6 34 0 0 0 0 0 7490321 8202482 -116963 5083 0 0 7373358 8207565 4200 4332 0 0 1629205 1884476 0 0 0 5837962 5953947 7471367 7842755 -98009 364810 42694429 43003065 46531264 46475090 -3836835 -3472025 OUR MISSION IS FOCUSED ON URBAN REVITALIZATION BY PROVIDING AFFORDABLE, VIBRANT, MULTI-FAMILY HOUSING FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES. WE OFFER RENTAL UNITS THROUGHOUT PINELLAS COUNTY AT AND BELOW MARKET RATES TO THOSE WHO QUALIFY. 0 0 7381631 4332 8202482 THE ORGANIZATION HAS BEEN DESIGNATED AS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION BY THE COMMUNITY DEVELOPMENT AND HOUSING DIVISION OF PINELLAS COUNTY FOR DEVELOPMENT OF AFFORDABLE RENTAL UNITS IN PINELLAS COUNTY. THE ORGANIZATION CURRENTLY HAS NEARLY SIX HUNDRED UNITS OCCUPIED OR IN VARIOUS PHASES OF DEVELOPMENT OR REHABILITATION WITH SEVERAL NEW PROJECTS IN THE ACQUISITION OR PLANNING STAGE. 7381631 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 1 1 1 0 0 0 1 32 0 1 34 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X TRACY MATER PRESIDENT 7273821401 5345 LAUREL PLACE CLEARWATER FL 33760 JOHN ERIK SAVITSKY VICE CHAIRMAN 1.00 0.10 X X 400 0 0 TAYLOR MONTGOMERY SECRETARY/TREASURER 1.00 0.10 X X 400 0 0 MARGO ADAMS-REID DIRECTOR 1.00 0.10 X 300 0 0 MARK LETTELLEIR DIRECTOR 1.00 0.10 X 300 0 0 VILENCIA TURNER DIRECTOR 1.00 0.10 X 400 0 0 DON BOGUE PAST CHAIRMAN (TERM END 07/16/25) 1.00 0.10 X 0 0 0 TRACY MATER PRESIDENT 40.00 1.30 X 170167 0 19787 BRENT MCLEAN CHAIRMAN (TERM START 7/21/25) 1.00 0.10 X 400 0 0 ROBERT NOBLE DIRECTOR OF MAINTENANCE 40.00 0.00 X 100419 0 16997 272786 0 36784 2 0 1 0 DREW'S PROPERTIES FL LLC 5880 90TH AVE N PINELLAS PARK FL 33782 LAWN SERVICE 146325 1 RENTAL INCOME 531110 7647993 7647993 TENANT FEES 531110 578664 578664 MANAGEMENT FEES 531110 20046 20046 HOUSING PARTNERSHIP 531110 -44221 -44221 8202482 22032 22032 16949 -16949 -16949 -16949 8207565 8202482 0 5083 4332 4332 192154 104685 87469 1262824 1233032 29792 30921 30921 275353 275353 123224 123224 30843 30843 39243 19761 19482 2773 2773 242974 167767 75207 67115 62456 4659 1392399 1358538 33861 49060 49060 2676 2676 988624 950393 38231 1851977 1813835 38142 1286263 1234561 51702 7842755 7381631 461124 0 715029 930041 661184 650199 42552 86084 376635 358169 66253508 28464908 38115046 37788600 -97806 -142027 2881789 3331999 42694429 43003065 108232 166446 5047 37413 45134665 45032623 136911 132934 1146409 1105674 46531264 46475090 X -4586835 -4222025 750000 750000 -3836835 -3472025 42694429 43003065 364810 0 X X 1 X 0 1 0 X 1128900 750000 1878900 5468708 6130925 6881462 7490321 8202482 34173898 6597608 6880925 6881462 7490321 8202482 36052798 0 0 0 36052798 421 494 6855 15429 22032 45231 421 494 6855 15429 22032 45231 6598029 6881419 6888317 7505750 8224514 36098029 0.99870 0.99920 0.00130 0.00080 X 778330 778330 62519173 27676112 34843061 1526291 788796 737495 1429714 1429714 37788600 RESERVES & ESCROWS 2094784 UTILITY DEPOSITS 21853 DUE FROM AFFILIATE 445954 RIGHT OF USE ASSETS 769408 3331999 TENANT SECURITY DEPOSITS 336266 LEASE LIABILITIES 769408 1105674 X PART X, LINE 2: NEITHER PROPERTIES OR SLP, NOR THEIR 100% OWNER, CHAF, ARE SUBJECT TO INCOME TAXES. CHP IS ALSO NOT SUBJECT TO INCOME TAXES; INSTEAD, ITS EARNINGS ARE PASSED THROUGH TO ITS OWNERS, SLP AND SANDPEBBLE. INCOME OR LOSS FROM PROPERTIES IS REQUIRED TO BE REPORTED BY CHAF, WHICH IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS FOR CHAF OR PROPERTIES. SANDPEBBLE IS A C CORPORATION SUBJECT TO FEDERAL AND STATE INCOME TAXES. SANDPEBBLE HAS HAD NET OPERATING LOSSES SINCE INCEPTION. NO PROVISION FOR INCOME TAXES IS REQUIRED FOR 2025 OR 2024. THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES, AS THEY RELATE TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. AT DECEMBER 31, 2025, MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. INCOME TAX FILINGS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. X X X 0 0 0 0 0 0 0 1 0 TRACY MATER PRESIDENT 162667 0 7500 0 0 0 6822 0 12965 0 189954 0 0 0 PART I, LINE 7 OFFICER BONUSES ARE DETERMINED BASED ON PERFORMANCE, LEADERSHIP, DEVELOPMENT, AND CONTRIBUTIONS TO COMPANY. THE PRESIDENT'S BONUS IS RECOMMENDED AND VOTED ON BY THE BOARD OF DIRECTORS. STAFF BONUSES ARE DETERMINED BY THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY THE CPA FIRM. THE PRESIDENT REVIEWS THE FORM FOR COMPLETENESS AND ACCURACY. THE FORM IS THEN SUBMITTED TO THE FINANCE COMMITTEE FOR REVIEW AND FINALLY TO THE FULL BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS PERIODIC STAFF AND BOARD MEETINGS. CONFLICTS OF INTEREST ARE REVIEWED AT LEAST QUARTERLY AND EMPLOYEES AND DIRECTORS ARE ASKED ABOUT COMPLIANCE. EMPLOYEES AND DIRECTORS ARE REQUIRED TO REPORT IF ANY CONFLICTS OF INTEREST HAVE OCCURRED OR MAY OCCUR. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE PRESIDENT IS DETERMINED ANNUALLY BY A COMPENSATION COMMITTEE, WHICH USES COMPENSATION SURVEYS OF COMPARABLE POSITIONS IN THE INDUSTRY. THE COMPENSATION COMMITTEE RECOMMENDS THE COMPENSATION AMOUNT TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. COMPENSATION FOR ACCOUNTING AND RENTAL LEASING PERSONNEL IS BASED UPON COMPARABLE ORGANIZATIONS. THE PRESIDENT HAS THE AUTHORITY TO SET THESE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THE COMMITTEE IS TASKED WITH REPORTING THE FINANCIAL AFFAIRS OF THE ORGANIZATION TO THE BOARD FOR REVIEW/APPROVAL. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. CHAF PROPERTIES LLC 5345 LAUREL PLACE CLEARWATER FL 33760 593118700 LOW-INCOME HOUSING FL 521494 50928211 CONTEMPORARY HOUSING ALTERNATIVES OF FLORIDA INC SANDPEBBLE LIMITED PARTNER LLC 5345 LAUREL PLACE CLEARWATER FL 33760 LOW-INCOME HOUSING FL -44221 847858 CONTEMPORARY HOUSING ALTERNATIVES OF FLORIDA INC CONTEMPORARY HOUSING PARTNERSHIP I LTD 5345 LAUREL PLACE CLEARWATER FL 33760 593422082 LOW-INCOME HOUSING FL CONTEMPORARY HOUSING ALTERNATIVES OF FLORIDA INC RELATED -44221 848858 0 0 1.00000 CHA-SANDPEBBLE INC 5345 LAUREL PLACE CLEARWATER FL 33760 593487423 LOW-INCOME HOUSING FL CONTEMPORARY HOUSING ALTERNATIVES OF FLORIDA INC C 2 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 CONTEMPORARY HOUSING PARTNERSHIP I LTD D 445954 INTERCOMPANY BALANCE