Civic Intelligence

Casas Del Rio Grande

990 • Fiscal year 2014 • EIN 13-4257671

Jun 01, 2013 to May 31, 2014 • Filed on Dec 22, 2014

7305 Lowell BlvdRoom/Suite 20080030

(303) 428-1448

Siviq Scores

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

Liabilities / Assets

41st percentile

0.06x

Higher debt load relative to assets than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

81st percentile

0.74x

Higher debt load relative to revenue than 81% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

12th percentile

-22%

Higher net margin than 12% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

32nd percentile

-2.1%

Faster asset growth than 32% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2014

Assets

Down

$2,876,042

Down $60,946 (-2.1%) from 2013

Net Assets

Down

$2,715,564

Down $47,075 (-1.7%) from 2013

Liabilities

Down

$160,478

Down $13,871 (-8.0%) from 2013

Revenue

$215,677

No earlier filing loaded for comparison.

Expenses

Down

$262,752

Down $8,985 (-3.3%) from 2013

Net Income

-$47,075

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,105,492Liabilities 2010: $175,266Net Assets 2010: $2,930,2262010Assets 2011: $3,050,326Liabilities 2011: $172,295Net Assets 2011: $2,878,0312011Assets 2012: $2,969,707Liabilities 2012: $154,797Net Assets 2012: $2,814,9102012Assets 2013: $2,936,988Liabilities 2013: $174,349Net Assets 2013: $2,762,6392013Assets 2014: $2,876,042Liabilities 2014: $160,478Net Assets 2014: $2,715,5642014Assets 2015: $2,814,576Liabilities 2015: $154,438Net Assets 2015: $2,660,1382015Assets 2016: $2,750,431Liabilities 2016: $160,260Net Assets 2016: $2,590,1712016Assets 2017: $2,712,978Liabilities 2017: $160,914Net Assets 2017: $2,552,0642017Assets 2018: $2,668,905Liabilities 2018: $165,919Net Assets 2018: $2,502,9862018Assets 2019: $2,636,216Liabilities 2019: $190,171Net Assets 2019: $2,446,0452019Assets 2020: $2,564,788Liabilities 2020: $164,544Net Assets 2020: $2,400,2442020Assets 2021: $2,563,650Liabilities 2021: $211,576Net Assets 2021: $2,352,0742021Assets 2022: $2,454,417Liabilities 2022: $165,527Net Assets 2022: $2,288,8902022Assets 2023: $2,322,656Liabilities 2023: $165,434Net Assets 2023: $2,157,2222023Assets 2024: $2,170,923Liabilities 2024: $137,317Net Assets 2024: $2,033,6062024Assets 2025: $2,055,056Liabilities 2025: $129,414Net Assets 2025: $1,925,6422025

Highlighted filing

2014

Assets$2,876,042
Liabilities$160,478
Net Assets$2,715,564

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $213,0062010Expenses 2011: $221,0122011Revenue 2012: $173,156Expenses 2012: $236,277Net Income 2012: -$63,1212012Expenses 2013: $271,7372013Revenue 2014: $215,677Expenses 2014: $262,752Net Income 2014: -$47,0752014Revenue 2015: $191,078Expenses 2015: $246,504Net Income 2015: -$55,4262015Revenue 2016: $209,266Expenses 2016: $279,233Net Income 2016: -$69,9672016Revenue 2017: $229,812Expenses 2017: $267,919Net Income 2017: -$38,1072017Revenue 2018: $239,257Expenses 2018: $288,335Net Income 2018: -$49,0782018Revenue 2019: $245,869Expenses 2019: $302,810Net Income 2019: -$56,9412019Revenue 2020: $245,751Expenses 2020: $291,552Net Income 2020: -$45,8012020Revenue 2021: $244,626Expenses 2021: $292,796Net Income 2021: -$48,1702021Revenue 2022: $239,679Expenses 2022: $302,863Net Income 2022: -$63,1842022Revenue 2023: $200,681Expenses 2023: $332,349Net Income 2023: -$131,6682023Revenue 2024: $239,100Expenses 2024: $362,716Net Income 2024: -$123,6162024Revenue 2025: $222,732Expenses 2025: $330,696Net Income 2025: -$107,9642025

Highlighted filing

2014

Revenue$215,677
Expenses$262,752
Net Income-$47,075
Jump To
Filing Snapshot
Filing Period
Jun 1, 2013 to May 31, 2014
Signed
Dec 22, 2014
Return Version
2013v3.1
Gross Receipts
$215,677
Mission and Program Overview

Mission

To provide affordable housing to the elderly in del norte, colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,845,799$2,759,301▼ $86,498
Cash and Non-Interest-Bearing Accounts$94$15,629▲ $15,535
Prepaid Expenses and Deferred Charges$9,041$9,097▲ $56
Accounts Receivable$47$620▲ $573
Total Assets$2,936,988$2,876,042▼ $60,946
Other Assets Total$82,007$91,395▲ $9,388
Liabilities
Other Liabilities$114,352$97,033▼ $17,319
Mortgage Notes Payable Secured by Investment Property$53,807$53,807→ $0
Accounts Payable and Accrued Expenses$6,190$9,638▲ $3,448
Total Liabilities$174,349$160,478▼ $13,871
Net Assets / Fund Balance
Unrestricted Net Assets$2,762,639$2,715,564▼ $47,075
Total Net Assets Fund Balance$2,762,639$2,715,564▼ $47,075
Total Liabilities and Net Assets / Fund Balance$2,936,988$2,876,042▼ $60,946

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,732,626$683,831$3,416,457
Land$26,675-$26,675
Equipment-$14,720$14,720
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry HarkinsPresident
Michael TrujilloDirector
Alfred a GoldExecutive Di
Chester RdzakSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$138,393
Program Service Revenue
$62,285
Investment Income
$11,966
Other Revenue
$3,033
Change in Net Assets
$-47,075

Audited Revenue Reconciliation

Revenue per Audited Statements
$215,677
Total Revenue per Audited Statements
$215,677
Total Revenue per Form 990
$215,677
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$217,831
Salaries, Compensation, and Employee Benefits$44,921
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$86,499--$86,499
Occupancy$74,673--$74,673
Other Salaries and Wages$18,164$18,164-$36,328
Fees for Services Management$25,069--$25,069
Insurance$6,507$6,506-$13,013
Fees for Services Accounting-$6,807-$6,807
Other Employee Benefits$2,733$2,734-$5,467
Other Expenses$4,790$4,679-$4,679
Payroll Taxes$1,563$1,563-$3,126
Office Expenses-$2,301-$2,301
Total Functional Expenses$219,998$42,754$0$262,752

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$262,752
Total Expenses per Audited Statements$262,752
Total Expenses per Form 990$262,752
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
Due to Related Parties$93,722
Tenant Security Deposits$3,311
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

Community resources and housing development corporation (crhdc),a related organization, has been delegated the responsible organization for all administrative duties, property management and maintenance, check depositing and cash disbursement, as well as other management duties customarily performed by or under direct supervision of the officers and directors of the organization.

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed by the executive director and accounting, then presented to the board for review and approval before filing.

Form 990, Page 6, Part VI, Line 15A

The executive director is reviewed and approved by community resources and housing development corporation's (crhdc) board of directors and his compensation is approved by casas de rio grande's board of directors. Key employees and other employees are reviewed by the executive director of colorado rural housing development corporation and compensation is approved by the executive director. No officers are compensated by casas de rio grande.

Form 990, Page 6, Part VI, Line 15B

The executive director is reviewed and approved by community resources and housing development corporation's (crhdc) board of directors and his compensation is approved by casas de rio grande's board of directors. Key employees and other employees are reviewed by the executive director of colorado rural housing development corporation and compensation is approved by the executive director. No officers are compensated by casas de rio grande.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. The organization files form 990 and makes the form publicly available for a period of three years from the date it is actually filed.

Filing and Contact Details

Filer

EIN
13-4257671
Phone
3034281448

Signing Officer

Name
Alfred a Gold
Title
Executive Director
Phone
3034281448
Signed
2014-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alfred a Gold
Formed
2003
Legal Domicile
Co
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Preparer
Lori B Bauer CPA
Phone
3037710123
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The project follows accounting for uncertainty in income taxes, which requires the project to determine whether a tax position (and the related tax benefit) is more likely than not to be sustained upon examination by the applicable taxing authority, based solely on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than fifty percent likely of being realized upon settlement, presuming that the tax position is examined by the appropriate taxing authority that has full knowledge of all relevant information. During the years ended may 31, 2014 and 2013, the project's management evaluated its tax positions to determine the existence of uncertainties, and did not note any matters that would require recognition or which may have an effect on its tax-exempt status.

Raw XML AppendixShowing 400 of 438 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT FOLLOWS ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH REQUIRES THE PROJECT TO DETERMINE WHETHER A TAX POSITION (AND THE RELATED TAX BENEFIT) IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON SETTLEMENT, PRESUMING THAT THE TAX POSITION IS EXAMINED BY THE APPROPRIATE TAXING AUTHORITY THAT HAS FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. DURING THE YEARS ENDED MAY 31, 2014 AND 2013, THE PROJECT'S MANAGEMENT EVALUATED ITS TAX POSITIONS TO DETERMINE THE EXISTENCE OF UNCERTAINTIES, AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION OR WHICH MAY HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY RESOURCES AND HOUSING DEVELOPMENT CORPORATION (CRHDC),A RELATED ORGANIZATION, HAS BEEN DELEGATED THE RESPONSIBLE ORGANIZATION FOR ALL ADMINISTRATIVE DUTIES, PROPERTY MANAGEMENT AND MAINTENANCE, CHECK DEPOSITING AND CASH DISBURSEMENT, AS WELL AS OTHER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER DIRECT SUPERVISION OF THE OFFICERS AND DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND ACCOUNTING, THEN PRESENTED TO THE BOARD FOR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY COMMUNITY RESOURCES AND HOUSING DEVELOPMENT CORPORATION'S (CRHDC) BOARD OF DIRECTORS AND HIS COMPENSATION IS APPROVED BY CASAS DE RIO GRANDE'S BOARD OF DIRECTORS. KEY EMPLOYEES AND OTHER EMPLOYEES ARE REVIEWED BY THE EXECUTIVE DIRECTOR OF COLORADO RURAL HOUSING DEVELOPMENT CORPORATION AND COMPENSATION IS APPROVED BY THE EXECUTIVE DIRECTOR. NO OFFICERS ARE COMPENSATED BY CASAS DE RIO GRANDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR IS REVIEWED AND APPROVED BY COMMUNITY RESOURCES AND HOUSING DEVELOPMENT CORPORATION'S (CRHDC) BOARD OF DIRECTORS AND HIS COMPENSATION IS APPROVED BY CASAS DE RIO GRANDE'S BOARD OF DIRECTORS. KEY EMPLOYEES AND OTHER EMPLOYEES ARE REVIEWED BY THE EXECUTIVE DIRECTOR OF COLORADO RURAL HOUSING DEVELOPMENT CORPORATION AND COMPENSATION IS APPROVED BY THE EXECUTIVE DIRECTOR. NO OFFICERS ARE COMPENSATED BY CASAS DE RIO GRANDE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION FILES FORM 990 AND MAKES THE FORM PUBLICLY AVAILABLE FOR A PERIOD OF THREE YEARS FROM THE DATE IT IS ACTUALLY FILED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.06$0.13$1.93$0.22$0.33$0.11
2024Summary only. Only limited summary data is available for this year.$2.17$0.14$2.03$0.24$0.36$0.12
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$0.17$2.16$0.20$0.33$0.13
2022Summary only. Only limited summary data is available for this year.$2.45$0.17$2.29$0.24$0.30$0.06
2021Summary only. Only limited summary data is available for this year.$2.56$0.21$2.35$0.24$0.29$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.16$2.40$0.25$0.29$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.19$2.45$0.25$0.30$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.67$0.17$2.50$0.24$0.29$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.16$2.55$0.23$0.27$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.75$0.16$2.59$0.21$0.28$0.07
2015Summary only. Only limited summary data is available for this year.$2.81$0.15$2.66$0.19$0.25$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.88$0.16$2.72$0.22$0.26$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.17$2.76$0.27
2012Summary only. Only limited summary data is available for this year.$2.97$0.15$2.81$0.17$0.24$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.05$0.17$2.88$0.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.18$2.93$0.21
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $1M-$5M nonprofits