Civic Intelligence

Saugatucket Springs Inc.

990 • Fiscal year 2020 • EIN 04-3733576

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 03, 2020

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

97th percentile

1.36x

Higher debt load relative to assets than 97% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

98th percentile

15.24x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

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.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

16th percentile

-3.5%

Faster asset growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

52nd percentile

2.6%

Faster revenue growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$5,209,829

Down $190,971 (-3.5%) from 2019

Net Assets

Down

-$1,888,392

Down $174,954 (-10%) from 2019

Liabilities

Down

$7,098,221

Down $16,017 (-0.2%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin9th percentile

Revenue

Up

$465,677

Up $11,891 (+2.6%) from 2019

Expenses

Down

$640,631

Down $4,755 (-0.7%) from 2019

Net Income

Up

-$174,954

Up $16,646 (+8.7%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth16th 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

2020

Assets$5,209,829
Liabilities$7,098,221
Net Assets-$1,888,392
Open 2020 Filing

Operations Trend

Revenue Growth52nd 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

2020

Revenue$465,677
Expenses$640,631
Net Income-$174,954
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 3, 2020
Return Version
2019v5.1
Gross Receipts
$465,677
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$5,135,768$4,979,474▼ $156,294
Savings and Temporary Cash Investments$244,543$199,856▼ $44,687
Prepaid Expenses and Deferred Charges$16,639$23,294▲ $6,655
Cash and Non-Interest-Bearing Accounts$3,706$7,164▲ $3,458
Accounts Receivable$144$41▼ $103
Total Assets$5,400,800$5,209,829▼ $190,971
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,028,200$7,028,200→ $0
Accounts Payable and Accrued Expenses$65,925$47,675▼ $18,250
Other Liabilities$20,113$22,346▲ $2,233
Total Liabilities$7,114,238$7,098,221▼ $16,017
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,713,438$-1,888,392▼ $174,954
Total Net Assets Fund Balance$-1,713,438$-1,888,392▼ $174,954
Total Liabilities and Net Assets / Fund Balance$5,400,800$5,209,829▼ $190,971

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,579,139$2,198,767$6,777,906
Land$380,000-$380,000
Equipment$17,072$21,846$38,918
Leasehold Improvements$3,263$6,525$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
$226,182
Program Service Revenue
$239,078
Investment Income
$417
Other Revenue
$0
Change in Net Assets
$-174,954

Audited Revenue Reconciliation

Revenue per Audited Statements
$465,677
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$465,677
Total Revenue per Form 990
$465,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$506,087
Salaries, Compensation, and Employee Benefits$134,544
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$217,924--$217,924
Depreciation Depletion$181,159--$181,159
Other Salaries and Wages$134,544--$134,544
Fees for Services Management-$41,606-$41,606
Insurance$24,631--$24,631
Office Expenses-$16,359-$16,359
Fees for Services Accounting-$12,313-$12,313
Travel-$1,525-$1,525
Other Expenses$1,478--$1,478
Fees for Services Legal$128--$128
Total Functional Expenses$568,828$71,803$0$640,631

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$640,631
Total Expenses per Audited Statements$640,631
Total Expenses per Form 990$640,631
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$22,346
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
Frank Shea
Title
Executive Director
Phone
4019412900
Signed
2020-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Shea
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 462 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/CurrentTaxYearAmt0226182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0228164
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0243742
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0251709
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0245190
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01194987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0417
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0519
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0347
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0395
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02025
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0239078
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0225103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0230753
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0224497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0212969
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01132400
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0417
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0395
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02025
IRS990ScheduleA/InvestmentIncomeCYPct00.00090
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99910
IRS990ScheduleA/PublicSupportPY509Pct00.99910
IRS990ScheduleA/PublicSupportTotal509Amt02327387
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0465260
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0453267
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0474495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0476206
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0458159
IRS990ScheduleA/Total509Grp/TotalAmt02327387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0465677
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0453786
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0474842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0476553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0458554
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02329412
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04579139
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02198767
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06777906
IRS990ScheduleD/EquipmentGrp/BookValueAmt017072
IRS990ScheduleD/EquipmentGrp/DepreciationAmt021846
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt038918
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0640631
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0380000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0380000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt03263
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt06525
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt09788
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022346
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT LIAB
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0465677
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/TotalBookValueLandBuildingsAmt04979474
IRS990ScheduleD/TotalExpensesPerForm990Amt0640631
IRS990ScheduleD/TotalLiabilityAmt022346
IRS990ScheduleD/TotalRevenuePerForm990Amt0465677
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0465677
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0640631
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/InvolvedAmt041606
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1128704
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt21240
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/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05400800
IRS990/TotalAssetsEOYAmt05209829
IRS990/TotalAssetsGrp/BOYAmt05400800
IRS990/TotalAssetsGrp/EOYAmt05209829
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0226182
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt071803
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0568828
IRS990/TotalFunctionalExpensesGrp/TotalAmt0640631
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt07114238
IRS990/TotalLiabilitiesEOYAmt07098221
IRS990/TotalLiabilitiesGrp/BOYAmt07114238
IRS990/TotalLiabilitiesGrp/EOYAmt07098221
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1713438

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,209,829
Liabilities
$7,098,221
Net assets
-$1,888,392
Revenue
$465,677
Expenses
$640,631
Net income
-$174,954
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