Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 81-1830036

LAFH PHASE II QALICB INC

Tax-exempt · N HOLLYWOOD, CA 91605

Financials

$17.8M$740K2023$227K$448K2024
Revenue Expenses · by fiscal year end
Financials of LAFH PHASE II QALICB INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$227,326$448,023-$220,697$15,685,275$59,992$15,625,283
December 31, 2023990$17,777,729$739,507$17,038,222$15,879,152$33,172$15,845,980
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$227,326
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$30,380
Program services (functional)
$417,643
Management and general (functional)
$30,380

Balance sheet and other

Total assets, start of year
$15,879,152
Total assets, end of year
$15,685,275
Total liabilities, end of year
$59,992
Net assets, end of year
$15,625,283
Land, buildings and equipment
$15,302,325
Net assets with donor restrictions
$15,625,283
Gross receipts
$227,326
Employees
0
Year formed
2016
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
STEPHANIE KLASKY-GAMERChairman
Trustee or director, Officer
2.5$0$331,195
TOI CHISOMSecretary
Trustee or director, Officer
2.5$0$238,035
GREGG SHERKINDirector
Trustee or director
2.5$0$0
DEBBIE BURKARTDirector
Trustee or director
2.5$0$0
YASMIN TONGTreasurer
Trustee or director, Officer
0.5$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgs
STEPHANIE KLASKY-GAMERCHAIRMAN
Trustee or director, Officer
2.5$0$329,417
TOI CHISOMSECRETARY
Trustee or director, Officer
2.5$0$230,292
GREGG SHERKINDIRECTOR
Trustee or director
2.5$0$0
DEBBIE BURKARTDIRECTOR
Trustee or director
2.5$0$0
YASMIN TONGTREASURER
Trustee or director, Officer
0.5$0$0

Address and contacts

Address (IRS master file)
7843 LANKERSHIM BLVD, N HOLLYWOOD, CA 91605-2523
Principal officer (990 for 2024)
STEPHANIE KLASKY-GAMER, 7843 LANKERSHIM BLVD, NORTH HOLLYWOOD, CA 91605
Signed the 990
STEPHANIE KLASKY-GAMER, Chairperson
Phone
(818) 982-4091
Website
LAFH.ORG
Return prepared by
Boggeln & Company Inc

California records

California keeps its own records of charities and corporations. Search them by EIN 81-1830036 or by the name LAFH PHASE II QALICB INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

LAFH Phase II QALICB, Inc. was established to acquire the property formerly known as Valley Shelter and to develop commercial property at North Campus at LA Family Housing using Federal New Market Tax Credits. The commercial improvements consist of a comprehensive intake and assessment center for homeless individuals and administrative office space to be used as the headquarters of LAFH.

990 for the year ended December 31, 2024

Program accomplishments

  • LAFH PHASE II QALICB, INC. WAS FORMED ON FEBRUARY 12, 2016 TO PERFORM THE CHARITABLE FUNCTIONS OF AND CARRY OUT THE CHARITABLE PURPOSES OF L.A. FAMILY HOUSING CORPORATION (LAFH). THE ORGANIZATION IS A SUPPORTING ORGANIZATION CONTROLLED BY LAFH AS SPECIFIED IN SECTION 509(a)(3) OF THE INTERNAL REVENUE CODE (CODE). THE ORGANIZATION WAS FORMED TO PURCHASE FROM LAFH CERTAIN REAL PROPERTY LOCATED AT 7843 LANKERSHIM BOULEVARD IN NORTH HOLLYWOOD, CALIFORNIA (PROPERTY) FOR DEVELOPMENT OF A COMPREHENSIVE INTAKE AND ASSESSMENT CENTER FOR HOMELESS INDIVIDUALS AND ADMINISTRATIVE OFFICE SPACE TO BE USED AS THE HEADQUARTERS OF LAFH. ON APRIL 11, 2016, THE ORGANIZATION ENTERED INTO A MEMORANDUM OF UNDERSTANDING (MOU) WITH NORTHEAST VALLEY HEALTH CORPORATION (NEVHC), A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, TO CONSTRUCT A 5,288 SQUARE FOOT CLINIC ON THE GROUND FLOOR OF THE PROPERTY (THE CLINIC) TO BE LEASED TO NEVHC UPON COMPLETION OF THE CLINIC.IN ADDITION, THE ORGANIZATION ALSO CONSTRUCTED A SUBTERRANEAN PARKING STRUCTURE WHICH IS USED BY BOTH THE ORGANIZATION AND AN ENTITY AFFILIATED WITH THE CORPORATION THROUGH COMMON OWNERSHIP. THE ORGANIZATION OWNS 53.56% OF THE PARKING STRUCTURE, AND MAINTENANCE AND OPERATING COSTS RELATED TO THE PARKING STRUCTURE ARE SHARED WITH THE AFFILIATED ENTITY PURSUANT TO THE RECIPROCAL EASEMENT AGREEMENT. THE PARKING STRUCTURE WAS PLACED IN SERVICE IN OCTOBER 2018. THE OFFICE WAS PLACED IN SERVICE IN JULY 2019 AND THE CLINIC IN DECEMBER 2019.
    Expenses $417,643 · revenue $227,326

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-1830036
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$15,685,275
Income (IRS master file)
$227,326

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$227,326$448,023$15,685,275XML
990December 2023$17,777,729$739,507$15,879,152XML
990December 2022$348,305$1,750,157$16,338,668IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-1830036).

Questions about LAFH PHASE II QALICB INC

What is the EIN of LAFH PHASE II QALICB INC?
The employer identification number (EIN) of LAFH PHASE II QALICB INC is 81-1830036.
Is LAFH PHASE II QALICB INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to LAFH PHASE II QALICB INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does LAFH PHASE II QALICB INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LAFH PHASE II QALICB INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LAFH PHASE II QALICB INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LAFH PHASE II QALICB INC?
The 990 for the year ended December 31, 2024 names STEPHANIE KLASKY-GAMER.
Who are the officers and directors of LAFH PHASE II QALICB INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does LAFH PHASE II QALICB INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $227,326, expenses of $448,023 and total assets of $15,685,275 at year end.

Other nonprofits in N HOLLYWOOD

All nonprofits in N HOLLYWOOD · California · Human services