Civic Intelligence

Salt & Light Housing I Inc.

990 • Fiscal year 2023 • EIN 20-1260729

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 14, 2024

770 Woodlane Road Suite 63Mount Holly, NJ 08060

(609) 267-5928

Siviq Scores

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

Liabilities / Assets

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

30th percentile

0.12x

Higher debt load relative to revenue than 30% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Net Margin

17th percentile

-44%

Higher net margin than 17% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

99th percentile

$585,481

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 1665.6% of source-year revenue.

2023 filings • NTEE L • $500k-$1M nonprofits • Source year 2023

Asset Growth

33rd percentile

-3.5%

Faster asset growth than 33% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

65th percentile

8.5%

Faster revenue growth than 65% of similar nonprofits.

2023 filings • NTEE L • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$524,634

Flat from 2023

Net Assets

Flat

$520,322

Flat from 2023

Liabilities

Flat

$4,312

Flat from 2023

Revenue

Flat

$35,152

Flat from 2023

Expenses

Flat

$50,751

Flat from 2023

Net Income

Flat

-$15,599

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $707,353Liabilities 2011: $0Net Assets 2011: $707,3532011Assets 2012: $701,782Liabilities 2012: $0Net Assets 2012: $701,7822012Assets 2013: $719,836Liabilities 2013: $0Net Assets 2013: $719,8362013Assets 2014: $709,381Liabilities 2014: $0Net Assets 2014: $709,3812014Assets 2015: $711,123Liabilities 2015: $0Net Assets 2015: $711,1232015Assets 2016: $706,886Liabilities 2016: $0Net Assets 2016: $706,8862016Assets 2017: $692,514Liabilities 2017: $0Net Assets 2017: $692,5142017Assets 2018: $679,401Liabilities 2018: $0Net Assets 2018: $679,4012018Assets 2019: $665,033Liabilities 2019: $0Net Assets 2019: $665,0332019Assets 2020: $603,991Liabilities 2020: $0Net Assets 2020: $603,9912020Assets 2021: $559,381Liabilities 2021: $0Net Assets 2021: $559,3812021Assets 2022: $543,531Liabilities 2022: $4,083Net Assets 2022: $539,4482022Assets 2023: $524,634Liabilities 2023: $4,312Net Assets 2023: $520,3222023Assets 2023: $524,634Liabilities 2023: $4,312Net Assets 2023: $520,3222023

Highlighted filing

2023

Assets$524,634
Liabilities$4,312
Net Assets$520,322

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2011: $50,624Expenses 2011: $46,540Net Income 2011: $4,0842011Revenue 2012: $15,412Expenses 2012: $20,983Net Income 2012: -$5,5712012Expenses 2013: $38,5802013Revenue 2014: $32,373Expenses 2014: $42,828Net Income 2014: -$10,4552014Revenue 2015: $38,206Expenses 2015: $36,464Net Income 2015: $1,7422015Revenue 2016: $19,020Expenses 2016: $23,257Net Income 2016: -$4,2372016Revenue 2017: $33,131Expenses 2017: $47,503Net Income 2017: -$14,3722017Revenue 2018: $36,643Expenses 2018: $49,756Net Income 2018: -$13,1132018Revenue 2019: $33,468Expenses 2019: $47,836Net Income 2019: -$14,3682019Revenue 2020: $33,908Expenses 2020: $94,950Net Income 2020: -$61,0422020Revenue 2021: $32,460Expenses 2021: $77,070Net Income 2021: -$44,6102021Revenue 2022: $32,409Expenses 2022: $52,343Net Income 2022: -$19,9342022Revenue 2023: $35,152Expenses 2023: $50,751Net Income 2023: -$15,5992023Revenue 2023: $35,152Expenses 2023: $50,751Net Income 2023: -$15,5992023

Highlighted filing

2023

Revenue$35,152
Expenses$50,751
Net Income-$15,599
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 14, 2024
Return Version
2022v5.0
Gross Receipts
$35,152
Mission and Program Overview

Mission

To provide elderly or disabled persons with housing facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$504,611$491,027▼ $13,584
Cash and Non-Interest-Bearing Accounts$35,394$33,607▼ $1,787
Accounts Receivable$3,526--
Total Assets$543,531$524,634▼ $18,897
Liabilities
Other Liabilities$4,083$4,312▲ $229
Total Liabilities$4,083$4,312▲ $229
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$539,448$520,322▼ $19,126
Total Net Assets Fund Balance$539,448$520,322▼ $19,126
Total Liabilities and Net Assets / Fund Balance$543,531$524,634▼ $18,897

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$416,342$278,180$694,522
Land$74,685-$74,685
Compensation and Service Providers

Board Members and Trustees

NameTitle
Derry HollandPresident
Colleen CrandallVice President
Aaron NelsonTrustee
Chelsea CarterTrustee
Marianne AleardiTrustee
Qindi ShiSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$35,136
Investment Income
$16
Other Revenue
$0
Change in Net Assets
$-15,599

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,152
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$35,152
Total Revenue per Form 990
$35,152
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,751
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$18,273--$18,273
Other Expenses$1,974--$1,974
Insurance$1,432--$1,432
Total Functional Expenses$50,751$0$0$50,751

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$50,751
Total Expenses per Audited Statements$50,751
Total Expenses per Form 990$50,751
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
Due to Oaks Integrated Care$4,312
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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
No

Governance Explanations

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

The 990 is reviewed by the signing officer along with any members as deemed appropriate by the governing body.

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

Monitoring and enforcement of compliance takes place as set forth under the written policy.

Form 990, Part VI, Section B, Line 15

All of these factors are considered as deemed appropriate.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Salt & Light Housing I Inc
EIN
20-1260729
Phone
6092675928
Address
770 WOODLANE ROAD SUITE 63, MOUNT HOLLY, NJ 08060

Signing Officer

Name
Qindi Shi
Title
CFO
Phone
6092675928
Signed
2024-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Qindi Shi
Formed
2004
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Bowman & Company Llp
Address
601 WHITE HORSE ROAD, VOORHEES, NJ 08043-2493
Preparer
Glen J Walton
Phone
8564356200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Part xii, line 2c - the process has not changed from prior year

Financial Statement Notes

PART X, LINE 2:

The organization claims exemption from federal and state income taxes under section 501(c)(3) of the internal revenue code, and accordingly, does not record a provision for income taxes on related income. The organization regularly reviews and evaluates its tax positions taken in previously filed information returns and as reflected in its financial statements, with regard to issues affecting its tax.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0141561
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt115206
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0389037
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1249884
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt044400
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt144550
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010483
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt110453
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DERRY HOLLAND
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1QINDI SHI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1SECRETARY/TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0585481
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1320093
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE SIGNING OFFICER ALONG WITH ANY MEMBERS AS DEEMED APPROPRIATE BY THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONITORING AND ENFORCEMENT OF COMPLIANCE TAKES PLACE AS SET FORTH UNDER THE WRITTEN POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OF THESE FACTORS ARE CONSIDERED AS DEEMED APPROPRIATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PART XII, LINE 2C - THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR
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 B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0YES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0OAKS INTEGRATED CARE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237048397
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO BUILD HEALTHY COMMUNITIES ONE CHILD, ONE ADULT, AND ONE FAMILY AT A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PUBLIC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0770 WOODLANE ROAD SUITE 63
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MOUNT HOLLY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd008060
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0543531
IRS990/TotalAssetsEOYAmt0524634
IRS990/TotalAssetsGrp/BOYAmt0543531
IRS990/TotalAssetsGrp/EOYAmt0524634
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt050751
IRS990/TotalFunctionalExpensesGrp/TotalAmt050751
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04083
IRS990/TotalLiabilitiesEOYAmt04312
IRS990/TotalLiabilitiesGrp/BOYAmt04083
IRS990/TotalLiabilitiesGrp/EOYAmt04312
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0539448
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0520322
IRS990/TotalOtherCompensationAmt0109886
IRS990/TotalProgramServiceExpensesAmt050751
IRS990/TotalProgramServiceRevenueAmt035136
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt016
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt035136
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt035152
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0543531
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0524634
IRS990/TotReportableCompRltdOrgAmt0795688
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0770 WOODLANE ROAD SUITE 63
IRS990/USAddress/CityNm0MOUNT HOLLY
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd008060
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.25$0.04$5.20$0.35$0.51$0.16
2023Summary only. Only limited summary data is available for this year.$5.25$0.04$5.20$0.35$0.51$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.44$0.04$5.39$0.32$0.52$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.59$0.00$5.59$0.32$0.77$0.45
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.04$0.00$6.04$0.34$0.95$0.61
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.65$0.00$6.65$0.33$0.48$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.79$0.00$6.79$0.37$0.50$0.13
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.93$0.00$6.93$0.33$0.48$0.14
2016Detailed filing. Detailed filing data is available for this year.$7.07$0.00$7.07$0.19$0.23$0.04
2015Detailed filing. Detailed filing data is available for this year.$7.11$0.00$7.11$0.38$0.36$0.02
2014Detailed filing. Detailed filing data is available for this year.$7.09$0.00$7.09$0.32$0.43$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.20$0.00$7.20$0.39
2012Summary only. Only limited summary data is available for this year.$7.02$0.00$7.02$0.15$0.21$0.06
2011Summary only. Only limited summary data is available for this year.$7.07$0.00$7.07$0.51$0.47$0.04