Civic Intelligence

Watauga Community Housing Trust

990EZ • Fiscal year 2024 • EIN 27-1338921

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 03, 2024

Organization Profilewataugacommunityhousingtrust.org
PO Box 145Boone, NC 28607

(828) 434-6571

Siviq Scores

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

Liabilities / Assets

76th percentile

0.65x

Higher debt load relative to assets than 76% of similar nonprofits.

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.99x

Higher debt load relative to revenue than 78% of similar nonprofits.

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Net Margin

75th percentile

50%

Higher net margin than 75% of similar nonprofits.

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2024 filings • NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets76th percentile

Assets

$198,273

No earlier filing loaded for comparison.

Net Assets

$70,273

No earlier filing loaded for comparison.

Liabilities

$128,000

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin75th percentile

Revenue

$129,204

No earlier filing loaded for comparison.

Expenses

$65,171

No earlier filing loaded for comparison.

Net Income

$64,033

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$150K$100K$50K$0Assets 2024: $198,273Liabilities 2024: $128,000Net Assets 2024: $70,2732024Assets 2025: $174,650Liabilities 2025: $150,500Net Assets 2025: $24,1502025

Highlighted filing

2024

Assets$198,273
Liabilities$128,000
Net Assets$70,273
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$150K$100K$50K$0-$50KRevenue 2024: $129,204Expenses 2024: $65,171Net Income 2024: $64,0332024Revenue 2025: $50,634Expenses 2025: $96,757Net Income 2025: -$46,1232025

Highlighted filing

2024

Revenue$129,204
Expenses$65,171
Net Income$64,033
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 3, 2024
Return Version
2023v5.1
Gross Receipts
$129,204
Mission and Program Overview

Mission

Affordable housing for low to moderate

Program Services

DescriptionGrantsExpenses
TO DEVELOP AND MANAGER PERMANENT, SAFE AND AFFORDABLE HOUSING TO PROMOTE FINANCIAL WELLBEING AND ECONOMIC SECURITY FOR LOW TO MODERATE INCOME COMMUNITY MEMBERS.$129,204$65,171
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BENJAMIN LOOMISChairPT$0--
ROB HOWARDVice Chair-$0--
JOE FURMANMember-$0--
LYNN COULTHARDMember-$0--
MEREDITH MAIKENMember-$0--
JEANNE SUPINMember-$0--
AREZOU SADOUGHIMember-$0--
KAYLOR MEADMember-$0--
LYNNWOOD BROWNMember-$0--
Filing and Contact Details

Filer

Filer Name
Watauga Community Housing Trust
EIN
27-1338921
Address
PO BOX 145, Boone, NC 28607

Signing Officer

Name
Benjamin Loomis
Title
Chair
Phone
8284346571
Signed
2024-11-03
Discuss with paid preparer
Yes

Preparer

Firm
Misty D Watson CPA PA
Address
PO Box 2122, Boone, NC 28607
Preparer
Misty Watson
Phone
7049075053
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountINSURANCE 2,814INTEREST 11,543UTILITIES 110OFFICE EXPENSE 533BANK CHARGES 55EQUIPMENT MAINTENANCE 80REAL ESTATE TAXES 531SUPPLIES 106”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearBUSINESS LOAN 0 10,000NOTE PAYABLE LIFESTORE BANK 0 118,000”

Raw XML Appendix166 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Deep Gap
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028618
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06240
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt029813
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt064033
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BENJAMIN LOOMIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROB HOWARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOE FURMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LYNN COULTHARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MEREDITH MAIKEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JEANNE SUPIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6AREZOU SADOUGHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KAYLOR MEAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LYNNWOOD BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt015772
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AFFORDABLE HOUSING FOR LOW TO MODERATE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO DEVELOP AND MANAGER PERMANENT, SAFE AND AFFORDABLE HOUSING TO PROMOTE FINANCIAL WELLBEING AND ECONOMIC SECURITY FOR LOW TO MODERATE INCOME COMMUNITY MEMBERS.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0128000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt065171
IRS990EZ/TotalProgramServiceExpensesAmt065171
IRS990EZ/TotalRevenueAmt0129204
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0wataugacommunityhousingtrust.org
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0129204
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07264
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0136468
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0129204
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IRS990ScheduleA/TotalSupportAmt0136468
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountINSURANCE 2,814INTEREST 11,543UTILITIES 110OFFICE EXPENSE 533BANK CHARGES 55EQUIPMENT MAINTENANCE 80REAL ESTATE TAXES 531SUPPLIES 106
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearBUSINESS LOAN 0 10,000NOTE PAYABLE LIFESTORE BANK 0 118,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of total liabilities Part II line 26
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN LOOMIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08284346571
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WATAUGA COMMUNITY HOUSING TRUST
ReturnHeader/Filer/BusinessNameControlTxt0WATA
ReturnHeader/Filer/EIN0271338921
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 145
ReturnHeader/Filer/USAddress/CityNm0Boone
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028607
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0463265542
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Misty D Watson CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 2122
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boone
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028607
ReturnHeader/PreparerPersonGrp/PhoneNum07049075053
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Misty Watson
ReturnHeader/ReturnTs02024-11-14T20:43:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$198,273
Liabilities
$128,000
Net assets
$70,273
Revenue
$129,204
Expenses
$65,171
Net income
$64,033
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.75$1.51$0.24$0.51$0.97$0.46
2024Detailed filing. Detailed filing data is available for this year.$1.98$1.28$0.70$1.29$0.65$0.64