efile Public Visual Render
ObjectId: 202233159349307378 - Submission: 2022-11-11
TIN: 33-0578620
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
21
Open to Public Inspection
Name of the organization
LINC HOUSING CORPORATION
Employer identification number
33-0578620
Part I
Identification of Disregarded Entities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
LINC HOUSING DEVELOPMENT LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
03-0419418
RENTAL REAL ESTATE
CA
3,550,519
LINC HOUSING corporation
(2)
LINC-ARBOR VILLAGE APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
139,187
400,967
LINC HOUSING corporation
(3)
LINC-PALACE HOTEL APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
49,160
234,798
LINC HOUSING corporation
(4)
LINC-COMPTON SENIOR APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
103,381
4,763,380
LINC HOUSING corporation
(5)
LINC-TAYLOR TERRACE APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
25,486
1,394,153
LINC HOUSING corporation
(6)
LINC-TAHQUITZ LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
3
-21,157
LINC HOUSING corporation
(7)
LINC-GARDENA ASSOCIATES LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
28,371
169,242
LINC HOUSING corporation
(8)
LINC-EAST STREET SENIOR APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
2,106
166,066
LINC HOUSING corporation
(9)
LINC-ENCINO ASSOCIATES LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
4,149
52,348
LINC HOUSING corporation
(10)
LINC-SOMERSET GLEN LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
15,935
134,501
LINC HOUSING corporation
(11)
LINC HOUSING WHITTIER LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
24,291
64,664
LINC HOUSING corporation
(12)
SEED PARTNERS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
ENERGY SERVICES & CONSTRUCTION MANAGEMENT
CA
346,025
LINC HOUSING corporation
(13)
LINC AFFORDABLE LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
42,580
921,381
LINC HOUSING corporation
(14)
LINC HOUSING - HUNTINGTON PARK APTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
15,219
299,708
LINC HOUSING corporation
(15)
LINC HOLLY COURT APTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
21,362
38,548
LINC HOUSING corporation
(16)
LINC-WESTLAKE APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
12,190
198,720
LINC HOUSING corporation
(17)
LINC-UTAH LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
LINC HOUSING corporation
(18)
LINC POMONA APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
88,309
522,843
LINC HOUSING corporation
(19)
LINC ONTARIO APARTMENTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
20,087
3,267,979
LINC HOUSING corporation
(20)
LINC GLENDALE APTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
35
152,155
LINC HOUSING corporation
(21)
LINC-PACIFIC VILLAS LLC
3590 ELM AVENUE
long beach
,
CA
90807
RENTAL REAL ESTATE
CA
354,037
1,186,573
LINC HOUSING corporation
(22)
LINC-SPARK ATPS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
83-1323823
RENTAL REAL ESTATE
CA
140,397
1,210,147
LINC HOUSING CORPORATION
(23)
LINC-PCH LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
84-3576901
RENTAL REAL ESTATE
CA
6,614
22,788,460
LINC HOUSING CORPORATION
(24)
LINC-CENTRAL LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
84-3586289
RENTAL REAL ESTATE
CA
28,663,504
LINC HOUSING CORPORATION
(25)
LINC LIBRARY GP LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
84-3327053
RENTAL REAL ESTATE
CA
9,495,066
LINC HOUSING CORPORATION
(26)
LINC FAIRVIEW LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
84-3259834
RENTAL REAL ESTATE
CA
2,350,739
LINC HOUSING CORPORATION
(27)
LINC-DEVELOPMENT FINANCE LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
273,329
906,127
LINC HOUSING CORPORATION
(28)
LINC-SAN PEDRO MGP LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
RENTAL REAL ESTATE
CA
1,841,727
LINC HOUSING CORPORATION
(29)
LINC FINANCE LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
FINANCE ACTIVITY
CA
LINC HOUSING CORPORATION
(30)
LINC-BEAUMONTS 2 APTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
85-1612065
RENTAL REAL ESTATE
CA
3,018,129
LINC HOUSING CORPORATION
(31)
LINC-AVoCADO HEIGHTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
85-0733848
RENTAL REAL ESTATE
CA
20,569,245
LINC HOUSING CORPORATION
(32)
LINC-EUREKA APTS LLC
3590 ELM AVENUE
long beach
,
CA
90807
RENTAL REAL ESTATE
CA
LINC HOUSING CORPORATION
Part II
Identification of Related Tax-Exempt Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
(1)
LINC - COMMUNITY DEVELOPMENT CORP
3590 ELM AVENUE
LONG BEACH
,
CA
90807
33-0711110
PROVIDE AFFORDABLE HSG TO NEEDY INDIVIDUALS
CA
501(C)(3)
11A
LINC HOUSING CORPORATION
Yes
(2)
LINC - REDONDO BEACH SENIORS INC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
33-0677510
PROVIDE AFFORDABLE HSG TO NEEDY INDIVIDUALS
CA
501(c)(3)
11A
LINC HOUSING CORPORATION
Yes
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2021
Page 2
Schedule R (Form 990) 2021
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
(1)
SEE ATTACHED
3590 ELM AVENUE
LONG BEACH
,
CA
90807
CA
N/A
No
No
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
seed solar manager LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
82-1796351
solar energy
CA
LINC HOUSING CORP
C CORP
-106,365
819,159
100.000 %
Yes
(2)
LINC-WB2 APTS LLC
3590 ELM AVENUE
LONG BEACH
,
CA
90807
83-0975093
RENTAL REAL ESTATE
CA
LINC HOUSING CORP
C CORP
-179
25,696,844
79.000 %
Yes
Schedule R (Form 990) 2021
Page 3
Schedule R (Form 990) 2021
Page
3
Part V
Transactions With Related Organizations.
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
Yes
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
Yes
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
Yes
d
Loans or loan guarantees to or for related organization(s)
............................
1d
Yes
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
Yes
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
Yes
o
Sharing of paid employees with related organization(s)
............................
1o
Yes
p
Reimbursement paid to related organization(s) for expenses
............................
1p
No
q
Reimbursement paid by related organization(s) for expenses
............................
1q
No
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
Yes
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
(1)
LINC - COMMUNITY DEVELOPMENT CORP
c
300,070
ACCRUAL
(2)
LINC - COMMUNITY DEVELOPMENT CORP
d
103,978
ACCRUAL
(3)
LINC - COMMUNITY DEVELOPMENT CORP
l
1,482,383
ACCRUAL
(4)
LINC - REDONDO BEACH SENIORS INC
l
66,069
accrual
(5)
seed solar manager LLC
a
10,158
accrual
(6)
LINC-WB2 APTS LLC
l
118,330
ACCRUAL
Schedule R (Form 990) 2021
Page 4
Schedule R (Form 990) 2021
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership.
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2021
Page 5
Schedule R (Form 990) 2021
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. See instructions.
Return Reference
Explanation
Schedule R (Form 990) 2021
Additional Data
Software ID:
21013475
Software Version:
2021v4.0