Form D Raw Data - Electronic Filing Depository

EFDID: 14594EFD: Raw Data

Issuer: WNC Tax Credits 38, LLC (0001471106) - D/A

Accession: 0001140361-11-021369 () (EDGAR Files) (Form D)

Edgar Posted: Apr. 7, 2011
EFD Posted: Aug. 7, 2014

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< submissionType > D/A </ submissionType >

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< cik > 0001471106 </ cik >

< entityName > WNC Tax Credits 38, LLC </ entityName >

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< street1 > 17782 SKY PARK CIRCLE </ street1 >

< city > IRVINE </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92614 </ zipCode >

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< issuerPhoneNumber > 714-662-5565 </ issuerPhoneNumber >

< jurisdictionOfInc > CALIFORNIA </ jurisdictionOfInc >

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< entityType > Limited Liability Company </ entityType >

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< value > 2008 </ value >

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< recipientName > Robert D'Agosta </ recipientName >

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< associatedBDName > Berthel, Fisher and Company Financial Services, Inc. </ associatedBDName >

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< street1 > 2821 Spring Haven Place </ street1 >

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</ recipientAddress >

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< state > CA </ state >

< description > CALIFORNIA </ description >

< state > HI </ state >

< description > HAWAII </ description >

< state > MD </ state >

< description > MARYLAND </ description >

< state > MN </ state >

< description > MINNESOTA </ description >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Independent Financial Group, LLC </ recipientName >

< recipientCRDNumber > 7717 </ recipientCRDNumber >

< associatedBDName > Independent Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 7717 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 12636 High Bluff Drive, Suite 100 </ street1 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92130 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > AZ </ state >

< description > ARIZONA </ description >

< state > CA </ state >

< description > CALIFORNIA </ description >

< state > OR </ state >

< description > OREGON </ description >

< state > TX </ state >

< description > TEXAS </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Richard G. Mueller </ recipientName >

< recipientCRDNumber > 720925 </ recipientCRDNumber >

< associatedBDName > Crown Capital Securities, L.P. </ associatedBDName >

< associatedBDCRDNumber > 6312 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 32332 Camino Capistrano, Suite 201 </ street1 >

< city > San Juan Capistrano </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92675 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Gary L. Flater </ recipientName >

< recipientCRDNumber > 1049132 </ recipientCRDNumber >

< associatedBDName > MCL Financial Group, Inc. </ associatedBDName >

< associatedBDCRDNumber > 41180 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1869 West Littleton Blvd. </ street1 >

< city > Littleton </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80120 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Dana D. Anderson </ recipientName >

< recipientCRDNumber > 2246831 </ recipientCRDNumber >

< associatedBDName > United Planners Financial Services of America </ associatedBDName >

< associatedBDCRDNumber > 20804 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 15815 Franklin Trail SE, Ste. 300 </ street1 >

< city > Prior Lake </ city >

< stateOrCountry > MN </ stateOrCountry >

< stateOrCountryDescription > MINNESOTA </ stateOrCountryDescription >

< zipCode > 55372 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > IA </ state >

< description > IOWA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Kenneth W. Rumbaugh </ recipientName >

< recipientCRDNumber > 1364691 </ recipientCRDNumber >

< associatedBDName > Harbour Investments, Inc. </ associatedBDName >

< associatedBDCRDNumber > 19258 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1301 Bellefontaine Ave., 2nd Floor </ street1 >

< city > Lima </ city >

< stateOrCountry > OH </ stateOrCountry >

< stateOrCountryDescription > OHIO </ stateOrCountryDescription >

< zipCode > 45804 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > OH </ state >

< description > OHIO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > William B. Bowers III </ recipientName >

< recipientCRDNumber > 4433033 </ recipientCRDNumber >

< associatedBDName > The Strategic Financial Alliance, Inc. </ associatedBDName >

< associatedBDCRDNumber > 126514 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 329 Oak Street, Suite 201 </ street1 >

< city > Gainesville </ city >

< stateOrCountry > GA </ stateOrCountry >

< stateOrCountryDescription > GEORGIA </ stateOrCountryDescription >

< zipCode > 30205 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jason L. Barney </ recipientName >

< recipientCRDNumber > 3167740 </ recipientCRDNumber >

< associatedBDName > United Planners Financial Services of America </ associatedBDName >

< associatedBDCRDNumber > 20804 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3655 Nobel Dr., Suite 350 </ street1 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92122 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Ryan S. Ponsford </ recipientName >

< recipientCRDNumber > 4363535 </ recipientCRDNumber >

< associatedBDName > United Planners Financial Services of America </ associatedBDName >

< associatedBDCRDNumber > 20804 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3655 Nobel Dr., Suite 350 </ street1 >

< city > San Diego </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92122 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > James W. Olsen </ recipientName >

< recipientCRDNumber > 857594 </ recipientCRDNumber >

< associatedBDName > Crown Capital Securities, L.P. </ associatedBDName >

< associatedBDCRDNumber > 6312 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 1601 Belle Chase Hwy, Suite 200 </ street1 >

< city > Gretna </ city >

< stateOrCountry > LA </ stateOrCountry >

< stateOrCountryDescription > LOUISIANA </ stateOrCountryDescription >

< zipCode > 70056 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > LA </ state >

< description > LOUISIANA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John J. Forken </ recipientName >

< recipientCRDNumber > 735166 </ recipientCRDNumber >

< associatedBDName > FSC Securities Corporation </ associatedBDName >

< associatedBDCRDNumber > 7461 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 170 Packetts Landing </ street1 >

< city > Fairport </ city >

< stateOrCountry > NY </ stateOrCountry >

< stateOrCountryDescription > NEW YORK </ stateOrCountryDescription >

< zipCode > 14450 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NY </ state >

< description > NEW YORK </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Mitchal D. O'Hare </ recipientName >

< recipientCRDNumber > 4561108 </ recipientCRDNumber >

< associatedBDName > Transamerica Financial Advisors, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16164 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 S. Howes Street </ street1 >

< city > Fort Collins </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80521 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Melissa A. Clary </ recipientName >

< recipientCRDNumber > 5260298 </ recipientCRDNumber >

< associatedBDName > Transamerica Financial Advisors, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16164 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 515 S. Howes Street </ street1 >

< city > Fort Collins </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80521 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Preston A. Loss </ recipientName >

< recipientCRDNumber > 727531 </ recipientCRDNumber >

< associatedBDName > Geneos Wealth Management, Inc. </ associatedBDName >

< associatedBDCRDNumber > 120894 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 630 Delp Road, Suite 110 </ street1 >

< city > Lancaster </ city >

< stateOrCountry > PA </ stateOrCountry >

< stateOrCountryDescription > PENNSYLVANIA </ stateOrCountryDescription >

< zipCode > 17601 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > PA </ state >

< description > PENNSYLVANIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Gary G. Benson </ recipientName >

< recipientCRDNumber > 1182211 </ recipientCRDNumber >

< associatedBDName > NPB Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 137743 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 5435 Balboa Blvd., Suite 106 </ street1 >

< city > Encino </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 91316 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Robert M. Abee </ recipientName >

< recipientCRDNumber > 867576 </ recipientCRDNumber >

< associatedBDName > Transamerica Financial Advisors, Inc. </ associatedBDName >

< associatedBDCRDNumber > 16164 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3321 Trillium Whorl Court </ street1 >

< city > Raleigh </ city >

< stateOrCountry > NC </ stateOrCountry >

< stateOrCountryDescription > NORTH CAROLINA </ stateOrCountryDescription >

< zipCode > 27607 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > George T. May IV </ recipientName >

< recipientCRDNumber > 853979 </ recipientCRDNumber >

< associatedBDName > FSC Securities Corporation </ associatedBDName >

< associatedBDCRDNumber > 7461 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 343 East Robertson Street </ street1 >

< city > Brandon </ city >

< stateOrCountry > FL </ stateOrCountry >

< stateOrCountryDescription > FLORIDA </ stateOrCountryDescription >

< zipCode > 33511 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > FL </ state >

< description > FLORIDA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Jeffrey P. Morand </ recipientName >

< recipientCRDNumber > 728191 </ recipientCRDNumber >

< associatedBDName > United Planners Financial Services of America </ associatedBDName >

< associatedBDCRDNumber > 20804 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 6500 S. Quebec Street, Suite 300 </ street1 >

< city > Englewood </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80111 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > David H. Yoder </ recipientName >

< recipientCRDNumber > 4905015 </ recipientCRDNumber >

< associatedBDName > Crown Capital Securities, L.P. </ associatedBDName >

< associatedBDCRDNumber > 6312 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 570 Pinehurst S., no. 2, 25 Down Circle </ street1 >

< city > Pinehurst </ city >

< stateOrCountry > NC </ stateOrCountry >

< stateOrCountryDescription > NORTH CAROLINA </ stateOrCountryDescription >

< zipCode > 28374 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > NC </ state >

< description > NORTH CAROLINA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Yi-Chen C. Yang </ recipientName >

< recipientCRDNumber > 4024717 </ recipientCRDNumber >

< associatedBDName > MCL Financial Group, Inc. </ associatedBDName >

< associatedBDCRDNumber > 41180 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 3773 Cherry Creek North Drive, Suite 575 </ street1 >

< city > Denver </ city >

< stateOrCountry > CO </ stateOrCountry >

< stateOrCountryDescription > COLORADO </ stateOrCountryDescription >

< zipCode > 80209 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CO </ state >

< description > COLORADO </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > Gary L. Edkins </ recipientName >

< recipientCRDNumber > 1179297 </ recipientCRDNumber >

< associatedBDName > NPB Financial Group, LLC </ associatedBDName >

< associatedBDCRDNumber > 137743 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 18101 Von Karman Avenue, Suite 330 </ street1 >

< city > Irvine </ city >

< stateOrCountry > CA </ stateOrCountry >

< stateOrCountryDescription > CALIFORNIA </ stateOrCountryDescription >

< zipCode > 92612 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > CA </ state >

< description > CALIFORNIA </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

- < recipient >

< recipientName > John J. John </ recipientName >

< recipientCRDNumber > 1785564 </ recipientCRDNumber >

< associatedBDName > Capital Financial Services, Inc. </ associatedBDName >

< associatedBDCRDNumber > 8408 </ associatedBDCRDNumber >

- < recipientAddress >

< street1 > 705 Old Fallston Road </ street1 >

< city > Fallston </ city >

< stateOrCountry > MD </ stateOrCountry >

< stateOrCountryDescription > MARYLAND </ stateOrCountryDescription >

< zipCode > 21047 </ zipCode >

</ recipientAddress >

- < statesOfSolicitationList >

< state > MD </ state >

< description > MARYLAND </ description >

</ statesOfSolicitationList >

< foreignSolicitation > false </ foreignSolicitation >

</ recipient >

</ salesCompensationList >

- < offeringSalesAmounts >

< totalOfferingAmount > 15000000 </ totalOfferingAmount >

< totalAmountSold > 9164580 </ totalAmountSold >

< totalRemaining > 5835420 </ totalRemaining >

</ offeringSalesAmounts >

- < investors >

< hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >

< totalNumberAlreadyInvested > 185 </ totalNumberAlreadyInvested >

</ investors >

- < salesCommissionsFindersFees >

- < salesCommissions >

< dollarAmount > 1050000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ salesCommissions >

- < findersFees >

< dollarAmount > 0 </ dollarAmount >

</ findersFees >

</ salesCommissionsFindersFees >

- < useOfProceeds >

- < grossProceedsUsed >

< dollarAmount > 2025000 </ dollarAmount >

< isEstimate > true </ isEstimate >

</ grossProceedsUsed >

</ useOfProceeds >

- < signatureBlock >

< authorizedRepresentative > false </ authorizedRepresentative >

- < signature >

< issuerName > WNC Tax Credits 38, LLC </ issuerName >

< signatureName > /s/ Melanie Wenk </ signatureName >

< nameOfSigner > Melanie Wenk </ nameOfSigner >

< signatureTitle > VP - CFO of Managing Member of Manager of Issuer </ signatureTitle >

< signatureDate > 2011-04-07 </ signatureDate >

</ signature >

</ signatureBlock >

</ offeringData >

</ edgarSubmission >