Civic Intelligence

Glenn-Verde Housing Inc.

990 • Fiscal year 2014 • EIN 27-2145525

Jul 01, 2013 to Jun 30, 2014 • Filed on Jan 28, 2015

Organization ProfileN/A
504 W 29th Street85713

(520) 884-9920

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.11x

Higher debt load relative to assets than 93% of similar nonprofits.

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

Liabilities / Revenue

99th percentile

16.32x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

6th percentile

-50%

Higher net margin than 6% of similar nonprofits.

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

Top Officer Pay

95th percentile

$357,258

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 186.9% of source-year revenue.

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

Asset Growth

27th percentile

-3.0%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$2,805,356

Down $87,770 (-3.0%) from 2013

Net Assets

Down

-$313,369

Down $95,568 (-44%) from 2013

Liabilities

Up

$3,118,725

Up $7,798 (+0.3%) from 2013

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin6th percentile

Revenue

$191,104

No earlier filing loaded for comparison.

Expenses

Up

$286,672

Up $17,106 (+6.3%) from 2013

Net Income

-$95,568

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $2,893,126Liabilities 2013: $3,110,927Net Assets 2013: -$217,8012013Assets 2014: $2,805,356Liabilities 2014: $3,118,725Net Assets 2014: -$313,3692014Assets 2015: $2,714,081Liabilities 2015: $3,136,340Net Assets 2015: -$422,2592015Assets 2016: $2,632,912Liabilities 2016: $3,120,627Net Assets 2016: -$487,7152016Assets 2017: $2,578,479Liabilities 2017: $3,044,713Net Assets 2017: -$466,2342017Assets 2018: $2,523,607Liabilities 2018: $3,026,476Net Assets 2018: -$502,8692018Assets 2019: $2,469,218Liabilities 2019: $3,028,305Net Assets 2019: -$559,0872019Assets 2020: $2,412,683Liabilities 2020: $3,030,226Net Assets 2020: -$617,5432020Assets 2021: $2,366,441Liabilities 2021: $3,028,305Net Assets 2021: -$661,8642021Assets 2022: $2,352,399Liabilities 2022: $3,040,736Net Assets 2022: -$688,3372022Assets 2023: $2,331,060Liabilities 2023: $3,048,320Net Assets 2023: -$717,2602023Assets 2024: $2,233,597Liabilities 2024: $3,029,923Net Assets 2024: -$796,3262024

Highlighted filing

2014

Assets$2,805,356
Liabilities$3,118,725
Net Assets-$313,369
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100K-$200KExpenses 2013: $269,5662013Revenue 2014: $191,104Expenses 2014: $286,672Net Income 2014: -$95,5682014Revenue 2015: $161,945Expenses 2015: $270,835Net Income 2015: -$108,8902015Revenue 2016: $181,347Expenses 2016: $246,803Net Income 2016: -$65,4562016Revenue 2017: $221,376Expenses 2017: $199,895Net Income 2017: $21,4812017Revenue 2018: $162,446Expenses 2018: $199,081Net Income 2018: -$36,6352018Revenue 2019: $162,071Expenses 2019: $218,289Net Income 2019: -$56,2182019Revenue 2020: $158,988Expenses 2020: $217,444Net Income 2020: -$58,4562020Revenue 2021: $168,332Expenses 2021: $212,653Net Income 2021: -$44,3212021Revenue 2022: $179,760Expenses 2022: $206,233Net Income 2022: -$26,4732022Revenue 2023: $186,296Expenses 2023: $215,219Net Income 2023: -$28,9232023Revenue 2024: $190,266Expenses 2024: $269,332Net Income 2024: -$79,0662024

Highlighted filing

2014

Revenue$191,104
Expenses$286,672
Net Income-$95,568
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Jan 28, 2015
Return Version
2013v4.0
Gross Receipts
$191,104
Mission and Program Overview

Mission

The mission of the Corporation is to promote social welfare by fostering of low-income housing.

To construct and operate a 24-unit multi-family housing project for low-income persons in Tucson , Arizona under the requirements of the Housing ane Economic and Recovery Act (HERA) of 2008 administered by the Arizona Department of Housing("ADOH")

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,808,528$2,721,181▼ $87,347
Prepaid Expenses and Deferred Charges$9,905$10,197▲ $292
Cash and Non-Interest-Bearing Accounts$1,380$1,206▼ $174
Accounts Receivable$4,006$40▼ $3,966
Total Assets$2,893,126$2,805,356▼ $87,770
Other Assets Total$69,307$72,732▲ $3,425
Liabilities
Other Liabilities$3,078,786$3,092,821▲ $14,035
Accounts Payable and Accrued Expenses$32,100$25,884▼ $6,216
Deferred Revenue$41$20▼ $21
Total Liabilities$3,110,927$3,118,725▲ $7,798
Net Assets / Fund Balance
Unrestricted Net Assets$-217,801$-313,369▼ $95,568
Total Net Assets Fund Balance$-217,801$-313,369▼ $95,568
Total Liabilities and Net Assets / Fund Balance$2,893,126$2,805,356▼ $87,770

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,311,181$276,155$2,587,336
Land$410,000-$410,000
Compensation and Service Providers
Top Officer Pay95th percentile

Board Members and Trustees

NameTitle
Lois BloomChair
Daniel J Ranieri PhDPresident and CEO
Candace McintoshVice Chair
Michael PrudenceCFO
Patrick O'HaginTreasurer/Secretary
Kathy WellsVice Pres/COO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$191,086
Investment Income
$18
Other Revenue
$0
Change in Net Assets
$-95,568

Audited Revenue Reconciliation

Revenue per Audited Statements
$191,104
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$191,104
Total Revenue per Form 990
$191,104
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$260,839
Salaries, Compensation, and Employee Benefits$25,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$119,159--$119,159
Depreciation Depletion$87,347--$87,347
Other Salaries and Wages$19,186--$19,186
Fees for Services Management-$12,960-$12,960
Fees for Services Accounting-$12,000-$12,000
Insurance$10,637--$10,637
Payroll Taxes$6,647--$6,647
Other Expenses$2,039$12,797-$2,039
Fees for Services Legal-$1,925-$1,925
Travel$375$974-$1,349
Office Expenses$458$110-$568
Fees for Services Other$58--$58
Total Functional Expenses$245,906$40,766$0$286,672

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$286,672
Total Expenses per Audited Statements$286,672
Total Expenses per Form 990$286,672
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
Note Payable- Arizona Department of Housing$3,000,000
Related Party Payables$85,672
Tenants deposits held in trust (contra)$7,149
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

“La Frontera Partners, Inc, the sole member of the corporation, shall act by executing and delivering to the Board Chair a written instrument that sets forth the action taken and the applicable corporate authorizations and directions from the Board of Directors from La Frontera Partners, Inc. Such actions include electing the directors of the corporation, removing a director of the corporation, approving the appointment of the president and CEO, approving all amendments to the corporation's Articles of Incorporation and By-laws, approving the acquisitions or creation of all corporations, and approving the capital and operating budgets of the corporation.”

Form 990, Part VI, Section A, line 7A

“See prior statement.”

Form 990, Part VI, Section B, line 11

“The Form 990 is reported to the Finance Committee who reviews the return on behalf of the board.”

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

“The organization regularly monitors compliance with the conflict of interest policies. Members are required to disclose any potential conflicts.”

Form 990, Part VI, Section B, line 15

“The Organization engages with independent third parties to determine appropriate compensation arrangements.”

Form 990, Part VI, Section C, line 19

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

Filing and Contact Details

Filer

EIN
27-2145525
Phone
5208849920

Signing Officer

Name
Michael Prudence
Title
CFO
Phone
5208385532
Signed
2015-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Prudence
Formed
2010
Legal Domicile
Az
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Preparer
Carla J Keegan
Phone
5208840176
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“The Organization is a Section 501(c)(3) Organization exempt from federal income taxes under Section 501(a) of the Internal Revenue Code. Accordingly, no provision for federal or state income taxes is recorded in the accompanying financial statements. Management is not aware of any matters which would cause the Organization to lose its tax-exempt status. However, income from certain activities not directly related to the Organizations tax-exempt purpose, may be subject to taxation as unrelated business income. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organizations returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed. The Organization recognizes interest and penalties related to unrecognized tax benefits in general and operating expenses and accounts payable in the accompanying financial statements. During the years ended June 30, 2014 and 2013, the Organization did not recognize any interest and penalties.”

Raw XML AppendixShowing 400 of 728 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt032100
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025884
IRS990/AccountsReceivableGrp/BOYAmt04006
IRS990/AccountsReceivableGrp/EOYAmt040
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To construct and operate a 24-unit multi-family housing project for low-income persons in Tucson , Arizona under the requirements of the Housing ane Economic and Recovery Act (HERA) of 2008 administered by the Arizona Department of Housing("ADOH")
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10Connie Prince
IRS990/BooksInCareOfDetail/PhoneNum05208849920
IRS990/BooksInCareOfDetail/USAddress/AddressLine10504 W 29th Street
IRS990/BooksInCareOfDetail/USAddress/City0Tucson
IRS990/BooksInCareOfDetail/USAddress/State0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCode085713
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01380
IRS990/CashNonInterestBearingGrp/EOYAmt01206
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018
IRS990/CYOtherExpensesAmt0260839
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0191086
IRS990/CYRevenuesLessExpensesAmt0-95568
IRS990/CYSalariesCompEmpBnftPaidAmt025833
IRS990/CYTotalExpensesAmt0286672
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0191104
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt041
IRS990/DeferredRevenueGrp/EOYAmt020
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt087347
IRS990/DepreciationDepletionGrp/TotalAmt087347
IRS990/Desc0Build and operate a 24-unit multi-family housing project for low-income persons in Tucson, Arizona under the requirements of the Housing and Economic and Recovery Act of 2008 administered by the Arizona Department of Housing under the Neighborhood Stabilization Program.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0245906
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt012000
IRS990/FeesForServicesAccountingGrp/TotalAmt012000
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01925
IRS990/FeesForServicesLegalGrp/TotalAmt01925
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt012960
IRS990/FeesForServicesManagementGrp/TotalAmt012960
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt058
IRS990/FeesForServicesOtherGrp/TotalAmt058
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt239.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0Lois Bloom
IRS990/Form990PartVIISectionAGrp/PersonNm1Candace Mcintosh
IRS990/Form990PartVIISectionAGrp/PersonNm2Patrick O'Hagin
IRS990/Form990PartVIISectionAGrp/PersonNm3Daniel J Ranieri PhD
IRS990/Form990PartVIISectionAGrp/PersonNm4Michael Prudence
IRS990/Form990PartVIISectionAGrp/PersonNm5Kathy Wells
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3357258
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4152302
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5212306
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt4CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt5Vice Pres/COO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02010
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0191104
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt010637
IRS990/InsuranceGrp/TotalAmt010637
IRS990/InvestmentIncomeGrp/ExclusionAmt018
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0276155
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02808528
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02721181
IRS990/LandBldgEquipCostOrOtherBssAmt02997336
IRS990/LegalDomicileStateCd0AZ
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the Corporation is to promote social welfare by fostering of low-income housing.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-217801
IRS990/NetAssetsOrFundBalancesEOYAmt0-313369
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0119159
IRS990/OccupancyGrp/TotalAmt0119159
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0110
IRS990/OfficeExpensesGrp/ProgramServicesAmt0458
IRS990/OfficeExpensesGrp/TotalAmt0568
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt069307
IRS990/OtherAssetsTotalGrp/EOYAmt072732
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bad Debt
IRS990/OtherExpensesGrp/Desc1Equipment
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012797
IRS990/OtherExpensesGrp/ProgramServicesAmt02039
IRS990/OtherExpensesGrp/TotalAmt012797
IRS990/OtherExpensesGrp/TotalAmt12039
IRS990/OtherLiabilitiesGrp/BOYAmt03078786
IRS990/OtherLiabilitiesGrp/EOYAmt03092821
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt019186
IRS990/OtherSalariesAndWagesGrp/TotalAmt019186
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt06647
IRS990/PayrollTaxesGrp/TotalAmt06647
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09905
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010197
IRS990/PrincipalOfficerNm0Michael Prudence
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/BusinessCd1623990
IRS990/ProgramServiceRevenueGrp/BusinessCd2623990
IRS990/ProgramServiceRevenueGrp/BusinessCd3623990
IRS990/ProgramServiceRevenueGrp/Desc0Rental Revenue
IRS990/ProgramServiceRevenueGrp/Desc1Pet Deposits
IRS990/ProgramServiceRevenueGrp/Desc2Forfeited Security Dep
IRS990/ProgramServiceRevenueGrp/Desc3Vacancy Expense
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0193104
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt19515
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2329
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-11862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0193104
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt19515
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2329
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-11862
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt023
IRS990/PYOtherExpensesAmt0244184
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0188248
IRS990/PYRevenuesLessExpensesAmt0-81295
IRS990/PYSalariesCompEmpBnftPaidAmt025382
IRS990/PYTotalExpensesAmt0269566
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0188271
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-95568
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0191086
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0659
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0191086
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0188248
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0183679
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt022919
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0585932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0659
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt0585932
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0191086
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0188248
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0183679
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt022919
IRS990ScheduleA/Total509Grp/TotalAmt0585932
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0191104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0188271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0183697
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt023519
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0586591
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02311181
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0276155
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02587336
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0286672
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0410000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0410000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07149
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13000000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt285672
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenants deposits held in trust (contra)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Note Payable- Arizona Department of Housing
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Related Party Payables
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0191104
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is a Section 501(c)(3) Organization exempt from federal income taxes under Section 501(a) of the Internal Revenue Code. Accordingly, no provision for federal or state income taxes is recorded in the accompanying financial statements. Management is not aware of any matters which would cause the Organization to lose its tax-exempt status. However, income from certain activities not directly related to the Organizations tax-exempt purpose, may be subject to taxation as unrelated business income. Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. The Organizations returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectively, after they are filed. The Organization recognizes interest and penalties related to unrecognized tax benefits in general and operating expenses and accounts payable in the accompanying financial statements. During the years ended June 30, 2014 and 2013, the Organization did not recognize any interest and penalties.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02721181
IRS990ScheduleD/TotalExpensesPerForm990Amt0286672
IRS990ScheduleD/TotalLiabilityAmt03092821
IRS990ScheduleD/TotalRevenuePerForm990Amt0191104
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0191104
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0286672
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0357258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1152302
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2212306
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Daniel J Ranieri PhD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Michael Prudence
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Kathy Wells
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President and CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Vice Pres/COO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0357258
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1152302
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2212306
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0La Frontera Partners, Inc, the sole member of the corporation, shall act by executing and delivering to the Board Chair a written instrument that sets forth the action taken and the applicable corporate authorizations and directions from the Board of Directors from La Frontera Partners, Inc. Such actions include electing the directors of the corporation, removing a director of the corporation, approving the appointment of the president and CEO, approving all amendments to the corporation's Articles of Incorporation and By-laws, approving the acquisitions or creation of all corporations, and approving the capital and operating budgets of the corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1See prior statement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reported to the Finance Committee who reviews the return on behalf of the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization regularly monitors compliance with the conflict of interest policies. Members are required to disclose any potential conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization engages with independent third parties to determine appropriate compensation arrangements.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The organization makes all governing documents, conflict of interest policy and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine10La Frontera Arizona Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine11La Frontera Arizona Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine12La Frontera Arizona Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine13LF Sunnyside Pointe Villas LP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine14La Frontera Partners Inc
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0860693038
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1860712606
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN2455589271
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN3271062902
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN4464843477
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt2C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt3C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt4C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1AZ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd2AZ
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd3AZ

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,805,356
Liabilities
$3,118,725
Net assets
-$313,369
Revenue
$191,104
Expenses
$286,672
Net income
-$95,568
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.23$3.03$0.80$0.19$0.27$0.08
2023Detailed filing. Detailed filing data is available for this year.$2.33$3.05$0.72$0.19$0.22$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.35$3.04$0.69$0.18$0.21$0.03
2021Detailed filing. Detailed filing data is available for this year.$2.37$3.03$0.66$0.17$0.21$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.41$3.03$0.62$0.16$0.22$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.47$3.03$0.56$0.16$0.22$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.52$3.03$0.50$0.16$0.20$0.04
2017Detailed filing. Detailed filing data is available for this year.$2.58$3.04$0.47$0.22$0.20$0.02
2016Detailed filing. Detailed filing data is available for this year.$2.63$3.12$0.49$0.18$0.25$0.07
2015Detailed filing. Detailed filing data is available for this year.$2.71$3.14$0.42$0.16$0.27$0.11
2014Detailed filing. Detailed filing data is available for this year.$2.81$3.12$0.31$0.19$0.29$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$3.11$0.22$0.27