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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
right arrow Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
right arrow Attach to Form 990.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
HUMANGOOD NORCAL
 
Employer identification number
94-1225374
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A CA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 2015
  		68-0164610 13080SGV0 05-28-2015 42,623,152 SEE PART VI   X   X   X
B CALIFORNIA MUNICIPAL FINANCE AUTHORITY SERIES 2019A
  		20-1563466 13048VKN7 08-21-2019 98,995,005 SEE PART VI   X   X   X
C CALIFORNIA MUNICIPAL FINANCE AUTHORITY SERIES 2020
  		20-1563466   10-28-2020 15,480,000 SEE PART VI   X   X   X
D CALIFORNIA MUNICIPAL FINANCE AUTHORITY SERIES 2021
  		20-1563466 13048VXL7 09-29-2021 74,749,372 SEE PART VI   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 10,670,000   1,620,000  
2 Amount of bonds legally defeased ..............        
3 Total proceeds of issue .................. 43,069,410 99,337,607 15,480,000 75,757,489
4 Gross proceeds in reserve funds .............        
5 Capitalized interest from proceeds .............        
6 Proceeds in refunding escrows ...............        
7 Issuance costs from proceeds ...............   569,167 233,969 837,042
8 Credit enhancement from proceeds .............        
9 Working capital expenditures from proceeds .............        
10 Capital expenditures from proceeds ............. 20,447,574 15,203,002    
11 Other spent proceeds ............. 22,621,836 83,565,439 15,246,031  
12 Other unspent proceeds .............       74,920,447
13 Year of substantial completion ............. 2021 2022 2014
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2020, a current refunding issue)? ........ 		X   X   X     X
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2020, an advance refunding issue)? ........ 		  X   X   X   X
16 Has the final allocation of proceeds been made? .......... X   X   X     X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2022
Page 2

Schedule K (Form 990) 2022
Page 2
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X   X
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? .............   X   X   X   X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....right arrow 1.000 % 1.000 % 1.000 % 1.000 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... right arrow 0 % 0 % 0 % 0 %
6 Total of lines 4 and 5 ............. 1.000 % 1.000 % 1.000 % 1.000 %
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X   X  
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X   X X  
b Exception to rebate? ........ X   X   X     X
c No rebate due? ......... X   X   X     X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X   X X     X
Schedule K (Form 990) 2022
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Schedule K (Form 990) 2022
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X   X
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X   X
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period? X     X   X   X
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X   X  
Part Ⅴ
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: CA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (2015) (F) DESCRIPTION OF PURPOSE: RENOVATE FACILITY & REFUND PRIOR ISSUE 09/26/06 (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY (2019) (F) DESCRIPTION OF PURPOSE: TO REFINANCE 2009 AND 2010 BONDS (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY (2020) (F) DESCRIPTION OF PURPOSE: REFUND ISSUE (1/5/2012) (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY (2021) (F) DESCRIPTION OF PURPOSE: CONSTRUCT FACILITY (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY (2022) (F) DESCRIPTION OF PURPOSE: REFUND ISSUE (10/28/2020)
SCHEDULE K, PART I, BOND ISSUES: HUMANGOOD NORCAL IS PART OF THE OBLIGATED GROUP ALONG WITH HUMANGOOD SOCAL AND FRESNO FOR THREE OF THE BONDS: - PART I LINE A (SERIES 2015 BOND) - TOTAL ISSUE PRICE PER IRS FORM 8038 - $55,845,517, ALLOCATED BETWEEN 2 ORGANIZATIONS. - PART I LINE B (SERIES 2019 BOND) - TOTAL ISSUE PRICE PER IRS FORM 8038 - $157,738,992, ALLOCATED BETWEEN 3 ORGANIZATIONS. - PART I LINE D (SERIES 2021 BOND) - TOTAL ISSUE PRICE PER IRS FORM 8038 - $133,481,022, ALLOCATED BETWEEN 3 ORGANIZATIONS. - PART I LINE E (SERIES 2022 BOND) - TOTAL ISSUE PRICE PER IRS FORM 8038 - $63,270,000, ALLOCATED BETWEEN 2 ORGANIZATIONS.
SCHEDULE K, PART II, LINE 3: THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS / MARKET VALUE FLUCTUATIONS.
SCHEDULE K, PART III, LINE 4: ANSWER TO PART III LINE 4 INCLUDES A CONSERVATIVE PERCENTAGE OF 1%. ACTUAL PRIVATE BUSINESS USE CALCULATION %S WOULD FALL SHORT OF THAT PERCENTAGE.
SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/30/2021 (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/31/2022 (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/28/2020 (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/23/2022 NOTE REGARDING THE REBATE COMPUTATIONS ON 04/30/2021 AND 7/31/2022: SINCE THE BOND PROCEEDS HAVE BEEN SPENT AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. NOTE REGARDING THE REBATE COMPUTATIONS ON 10/28/2020 AND 9/23/2022: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY.
Schedule K (Form 990) 2022

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