Civic Intelligence

Saugatucket Springs Inc.

990 • Fiscal year 2019 • EIN 04-3733576

Jul 01, 2018 to Jun 30, 2019 • Filed on Oct 02, 2019

Organization ProfileWWW.WDCHOC.ORG
861A Broad StreetProvidence, RI 02907

(401) 941-5900

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

96th percentile

1.32x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

15.68x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

7th percentile

-42%

Higher net margin than 7% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

22nd percentile

-3.4%

Faster asset growth than 22% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-4.4%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$5,400,800

Down $189,780 (-3.4%) from 2018

Net Assets

Down

-$1,713,438

Down $191,600 (-13%) from 2018

Liabilities

Up

$7,114,238

Up $1,820 (+0.0%) from 2018

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin7th percentile

Revenue

Down

$453,786

Down $21,056 (-4.4%) from 2018

Expenses

Up

$645,386

Up $9,032 (+1.4%) from 2018

Net Income

Down

-$191,600

Down $30,088 (-19%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2011: $6,635,083Liabilities 2011: $7,121,913Net Assets 2011: -$486,8302011Assets 2012: $6,491,837Liabilities 2012: $7,108,760Net Assets 2012: -$616,9232012Assets 2013: $6,325,950Liabilities 2013: $7,104,893Net Assets 2013: -$778,9432013Assets 2014: $6,173,345Liabilities 2014: $7,131,528Net Assets 2014: -$958,1832014Assets 2015: $6,035,164Liabilities 2015: $7,108,860Net Assets 2015: -$1,073,6962015Assets 2016: $5,882,852Liabilities 2016: $7,098,872Net Assets 2016: -$1,216,0202016Assets 2017: $5,741,375Liabilities 2017: $7,101,701Net Assets 2017: -$1,360,3262017Assets 2018: $5,590,580Liabilities 2018: $7,112,418Net Assets 2018: -$1,521,8382018Assets 2019: $5,400,800Liabilities 2019: $7,114,238Net Assets 2019: -$1,713,4382019Assets 2020: $5,209,829Liabilities 2020: $7,098,221Net Assets 2020: -$1,888,3922020Assets 2021: $5,034,094Liabilities 2021: $7,102,355Net Assets 2021: -$2,068,2612021Assets 2023: $4,758,790Liabilities 2023: $7,248,439Net Assets 2023: -$2,489,6492023Assets 2024: $4,511,716Liabilities 2024: $7,167,571Net Assets 2024: -$2,655,8552024

Highlighted filing

2019

Assets$5,400,800
Liabilities$7,114,238
Net Assets-$1,713,438
Open 2019 Filing

Operations Trend

Revenue Growth28th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $584,7022011Revenue 2012: $462,368Expenses 2012: $592,461Net Income 2012: -$130,0932012Revenue 2013: $453,365Expenses 2013: $615,385Net Income 2013: -$162,0202013Revenue 2014: $470,399Expenses 2014: $649,639Net Income 2014: -$179,2402014Revenue 2015: $505,006Expenses 2015: $620,519Net Income 2015: -$115,5132015Revenue 2016: $458,554Expenses 2016: $600,878Net Income 2016: -$142,3242016Revenue 2017: $476,553Expenses 2017: $620,859Net Income 2017: -$144,3062017Revenue 2018: $474,842Expenses 2018: $636,354Net Income 2018: -$161,5122018Revenue 2019: $453,786Expenses 2019: $645,386Net Income 2019: -$191,6002019Revenue 2020: $465,677Expenses 2020: $640,631Net Income 2020: -$174,9542020Revenue 2021: $457,043Expenses 2021: $636,912Net Income 2021: -$179,8692021Revenue 2023: $496,562Expenses 2023: $689,158Net Income 2023: -$192,5962023Revenue 2024: $566,826Expenses 2024: $733,032Net Income 2024: -$166,2062024

Highlighted filing

2019

Revenue$453,786
Expenses$645,386
Net Income-$191,600
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Oct 2, 2019
Return Version
2018v3.1
Gross Receipts
$453,786
Mission and Program Overview

Mission

To provide low income housing to the elderly and disabled in the hopkinton, ri area under section 202 of the national affordable housing act.

To provide affordable housing in hopkinton, rhode island for senior citizens and the disabled under section 202 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,255,451$5,135,768▼ $119,683
Savings and Temporary Cash Investments$304,552$244,543▼ $60,009
Prepaid Expenses and Deferred Charges$15,182$16,639▲ $1,457
Cash and Non-Interest-Bearing Accounts$13,198$3,706▼ $9,492
Accounts Receivable$2,197$144▼ $2,053
Total Assets$5,590,580$5,400,800▼ $189,780
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,028,200$7,028,200→ $0
Accounts Payable and Accrued Expenses$63,126$65,925▲ $2,799
Other Liabilities$21,092$20,113▼ $979
Total Liabilities$7,112,418$7,114,238▲ $1,820
Net Assets / Fund Balance
Unrestricted Net Assets$-1,521,838$-1,713,438▼ $191,600
Total Net Assets Fund Balance$-1,521,838$-1,713,438▼ $191,600
Total Liabilities and Net Assets / Fund Balance$5,590,580$5,400,800▼ $189,780

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,728,660$2,024,381$6,753,041
Land$380,000-$380,000
Equipment$23,193$15,725$38,918
Leasehold Improvements$3,915$5,873$9,788
Compensation and Service Providers
Top Officer Pay21st percentile

Board Members and Trustees

NameTitle
Julia BushChair
James ComerPresident
Ann SabbaghDirector
Barbara ColtDirector
Larry KellamDirector
Noel SanchezDirector
Stephanie ZurekDirector
Valerie TalmageTreas and Sec
Revenue and Support

Revenue Composition

Contributions and Grants
$228,164
Program Service Revenue
$225,103
Investment Income
$519
Other Revenue
$0
Change in Net Assets
$-191,600

Audited Revenue Reconciliation

Revenue per Audited Statements
$453,786
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$453,786
Total Revenue per Form 990
$453,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$526,744
Salaries, Compensation, and Employee Benefits$118,642
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$252,743--$252,743
Depreciation Depletion$171,953--$171,953
Other Salaries and Wages$118,642--$118,642
Fees for Services Management-$40,795-$40,795
Insurance$20,957--$20,957
Office Expenses-$15,632-$15,632
Fees for Services Accounting-$11,778-$11,778
Other Expenses$2,447--$2,447
Travel-$1,427-$1,427
Fees for Services Legal$48--$48
Total Functional Expenses$575,754$69,632$0$645,386

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$645,386
Total Expenses per Audited Statements$645,386
Total Expenses per Form 990$645,386
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit Liab$20,113
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is available for review by the governing board upon request.”

Form 990, Part VI, Section B, Line 12C

“The governing body adheres to the conflict of interest policy that is in place. This policy is reviewed periodically.”

Form 990, Part VI, Section C, Line 19

“The governing documents and form 990 are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Saugatucket Springs Inc
EIN
04-3733576
Phone
4019415900
Address
861A BROAD STREET, PROVIDENCE, RI 02907

Signing Officer

Name
James Comer
Title
President
Phone
4019412900
Signed
2019-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Comer
Formed
2002
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Damiano Burk & Nuttall Pc
Address
6 BLACKSTONE VALLEY PL STE 109, LINCOLN, RI 02865
Preparer
Jeremy Cole
Phone
4013332880
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“There have been no changes to the organization's process for selecting independent auditors or with respect to oversight of the audit.”

Financial Statement Notes

PART X, LINE 2:

“Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The corporation has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. Management believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect to the corporation 's financial condition, results of operations or cash flows. Accordingly, the corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2018. Tax years prior to 2015 have been closed for examination by taxing authorities.”

Raw XML AppendixShowing 400 of 463 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0245190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0258715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01227520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0519
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0395
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0453
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0225103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0230753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0224497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0212969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0245838
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01139160
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0453
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02061
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99920
IRS990ScheduleA/PublicSupportTotal509Amt02366680
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0453267
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0474495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0476206
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0458159
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0504553
IRS990ScheduleA/Total509Grp/TotalAmt02366680
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0453786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0474842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0476553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0458554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0505006
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02368741
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04728660
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02024381
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06753041
IRS990ScheduleD/EquipmentGrp/BookValueAmt023193
IRS990ScheduleD/EquipmentGrp/DepreciationAmt015725
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038918
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0645386
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0380000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0380000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03915
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05873
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020113
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT LIAB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0453786
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT TO THE CORPORATION 'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2018. TAX YEARS PRIOR TO 2015 HAVE BEEN CLOSED FOR EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05135768
IRS990ScheduleD/TotalExpensesPerForm990Amt0645386
IRS990ScheduleD/TotalLiabilityAmt020113
IRS990ScheduleD/TotalRevenuePerForm990Amt0453786
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0453786
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0645386
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE FOR REVIEW BY THE GOVERNING BOARD UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY ADHERES TO THE CONFLICT OF INTEREST POLICY THAT IS IN PLACE. THIS POLICY IS REVIEWED PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S PROCESS FOR SELECTING INDEPENDENT AUDITORS OR WITH RESPECT TO OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222487344
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0861A BROAD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002907
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt040795
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1123744
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt2681
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0RI
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05590580
IRS990/TotalAssetsEOYAmt05400800
IRS990/TotalAssetsGrp/BOYAmt05590580
IRS990/TotalAssetsGrp/EOYAmt05400800
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0228164
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069632
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0575754
IRS990/TotalFunctionalExpensesGrp/TotalAmt0645386
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07112418
IRS990/TotalLiabilitiesEOYAmt07114238
IRS990/TotalLiabilitiesGrp/BOYAmt07112418
IRS990/TotalLiabilitiesGrp/EOYAmt07114238
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1521838
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1713438

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,400,800
Liabilities
$7,114,238
Net assets
-$1,713,438
Revenue
$453,786
Expenses
$645,386
Net income
-$191,600
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.51$7.17$2.66$0.57$0.73$0.17
2023Detailed filing. Detailed filing data is available for this year.$4.76$7.25$2.49$0.50$0.69$0.19
2021Detailed filing. Detailed filing data is available for this year.$5.03$7.10$2.07$0.46$0.64$0.18
2020Detailed filing. Detailed filing data is available for this year.$5.21$7.10$1.89$0.47$0.64$0.17
2019Detailed filing. Detailed filing data is available for this year.$5.40$7.11$1.71$0.45$0.65$0.19
2018Detailed filing. Detailed filing data is available for this year.$5.59$7.11$1.52$0.47$0.64$0.16
2017Detailed filing. Detailed filing data is available for this year.$5.74$7.10$1.36$0.48$0.62$0.14
2016Detailed filing. Detailed filing data is available for this year.$5.88$7.10$1.22$0.46$0.60$0.14
2015Detailed filing. Detailed filing data is available for this year.$6.04$7.11$1.07$0.51$0.62$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.17$7.13$0.96$0.47$0.65$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.33$7.10$0.78$0.45$0.62$0.16
2012Summary only. Only limited summary data is available for this year.$6.49$7.11$0.62$0.46$0.59$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$7.12$0.49$0.58