Civic Intelligence

Housing Plus

990 • Fiscal year 2014 • EIN 27-3541853

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 31, 2015

Organization ProfileHOUSING-PLUS.ORG
6880 S 700 W 2nd FloorMidvale, UT 84047

(801) 316-9118

Siviq Scores

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

Liabilities / Assets

76th percentile

0.59x

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

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

16.91x

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

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

5th percentile

-46%

Higher net margin than 5% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

16th percentile

$74,770

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 14.4% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

7th percentile

-12%

Faster asset growth than 7% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets76th percentile

Assets

Down

$14,931,432

Down $1,943,328 (-12%) from 2013

Net Assets

Up

$6,169,300

Up $961,384 (+18%) from 2013

Liabilities

Down

$8,762,132

Down $2,904,712 (-25%) from 2013

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin5th percentile

Revenue

Down

$518,293

Down $4,939,811 (-91%) from 2013

Expenses

Down

$758,761

Down $1,665,926 (-69%) from 2013

Net Income

Down

-$240,468

Down $3,273,885 (-108%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$20M$15M$10M$5.0M$0Assets 2011: $16,807,001Liabilities 2011: $16,273,034Net Assets 2011: $533,9672011Assets 2012: $13,672,356Liabilities 2012: $11,577,909Net Assets 2012: $2,094,4472012Assets 2013: $16,874,760Liabilities 2013: $11,666,844Net Assets 2013: $5,207,9162013Assets 2014: $14,931,432Liabilities 2014: $8,762,132Net Assets 2014: $6,169,3002014Assets 2015: $13,265,657Liabilities 2015: $8,698,166Net Assets 2015: $4,567,4912015Assets 2016: $11,214,364Liabilities 2016: $6,733,211Net Assets 2016: $4,481,1532016Assets 2017: $11,921,427Liabilities 2017: $6,503,682Net Assets 2017: $5,417,7452017Assets 2018: $12,342,087Liabilities 2018: $6,460,174Net Assets 2018: $5,881,9132018Assets 2019: $12,900,644Liabilities 2019: $6,327,942Net Assets 2019: $6,572,7022019Assets 2020: $13,131,918Liabilities 2020: $6,223,751Net Assets 2020: $6,908,1672020Assets 2021: $13,592,930Liabilities 2021: $6,161,038Net Assets 2021: $7,431,8922021Assets 2022: $11,289,228Liabilities 2022: $3,082,565Net Assets 2022: $8,206,6632022Assets 2023: $12,848,059Liabilities 2023: $3,841,650Net Assets 2023: $9,006,4092023Assets 2024: $10,402,628Liabilities 2024: $170,683Net Assets 2024: $10,231,9452024

Highlighted filing

2014

Assets$14,931,432
Liabilities$8,762,132
Net Assets$6,169,300
Open 2014 Filing

Operations Trend

Revenue Growth1st percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $3,825,0662011Expenses 2012: $5,988,8122012Revenue 2013: $5,458,104Expenses 2013: $2,424,687Net Income 2013: $3,033,4172013Revenue 2014: $518,293Expenses 2014: $758,761Net Income 2014: -$240,4682014Revenue 2015: $428,707Expenses 2015: $756,453Net Income 2015: -$327,7462015Revenue 2016: $633,421Expenses 2016: $648,090Net Income 2016: -$14,6692016Revenue 2017: $1,642,855Expenses 2017: $636,381Net Income 2017: $1,006,4742017Revenue 2018: $1,154,868Expenses 2018: $630,982Net Income 2018: $523,8862018Revenue 2019: $848,982Expenses 2019: $815,653Net Income 2019: $33,3292019Revenue 2020: $1,048,849Expenses 2020: $683,287Net Income 2020: $365,5622020Revenue 2021: $863,790Expenses 2021: $787,322Net Income 2021: $76,4682021Revenue 2022: $857,889Expenses 2022: $815,062Net Income 2022: $42,8272022Revenue 2023: $981,752Expenses 2023: $900,011Net Income 2023: $81,7412023Revenue 2024: $1,422,996Expenses 2024: $923,531Net Income 2024: $499,4652024

Highlighted filing

2014

Revenue$518,293
Expenses$758,761
Net Income-$240,468
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 31, 2015
Return Version
2014v5.0
Gross Receipts
$518,293
Mission and Program Overview

Mission

Innovatively utilize resources to preserve & create quality affordable housing committed to fulfilling individual housing needs & stabilize neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,740,633$6,921,641▼ $818,992
Investments Program Related$3,062,747$3,062,800▲ $53
Accounts Receivable$2,140,407--
Cash and Non-Interest-Bearing Accounts$438,559$1,447,512▲ $1,008,953
Inventories for Sale or Use$818,679--
Other Notes and Loans Receivable, Net$662,033--
Savings and Temporary Cash Investments$396,605$101,981▼ $294,624
Prepaid Expenses and Deferred Charges$5,237$21,480▲ $16,243
Total Assets$16,874,760$14,931,432▼ $1,943,328
Other Assets Total$1,609,860$3,376,018▲ $1,766,158
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,459,425$6,604,981▼ $1,854,444
Other Liabilities$3,108,251$2,095,967▼ $1,012,284
Accounts Payable and Accrued Expenses$99,168$61,184▼ $37,984
Total Liabilities$11,666,844$8,762,132▼ $2,904,712
Net Assets / Fund Balance
Unrestricted Net Assets$5,207,916$6,169,300▲ $961,384
Total Net Assets Fund Balance$5,207,916$6,169,300▲ $961,384
Total Liabilities and Net Assets / Fund Balance$16,874,760$14,931,432▼ $1,943,328

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,407,139$594,358$6,001,497
Land$1,360,935-$1,360,935
Equipment$153,567$1,960$155,527
Investment Program Related Org$3,062,800--
Other Assets Org$3,083--
Compensation and Service Providers
Top Officer Pay16th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mark CohenDirectorPT$74,770$74,770
Tracy DutsonPresidentFT$69,406$69,406
Tony WegenerMemberPT$18,000$18,000

Board Members and Trustees

NameTitle
Howard HeadleeChair
Scott SimpsonVice-chair
Mike PlaizierExecutive Director
Bryce PanzerMember
Carlton ChristensenMember
Dan AdamsMember
David BrownMember
Jonathan HanksMember
Kim DatwylerMember
Mark CorneliusMember
Wade NewmanMember
Rex RolloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$512,407
Investment Income
$5,886
Other Revenue
$0
Change in Net Assets
$-240,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$518,293
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$30,480
Total Revenue per Audited Statements
$548,773
Total Revenue per Form 990
$518,293
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$375,861
Salaries, Compensation, and Employee Benefits$368,900
Grants and Similar Amounts Paid$14,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$154,067$8,109-$162,176
Depreciation Depletion$153,210--$153,210
Other Salaries and Wages$118,209$6,221-$124,430
Other Employee Benefits$60,789$3,199-$63,988
Fees for Services Accounting-$32,100-$32,100
Office Expenses$24,132$1,270-$25,402
Fees for Services Management$21,134--$21,134
Insurance$10,346$8,639-$18,985
Payroll Taxes$17,390$916-$18,306
Grants to Domestic Orgs$14,000--$14,000
Other Expenses$10,723$1,237-$11,960
Fees for Services Legal-$5,859-$5,859
Travel$2,662$140-$2,802
Fees for Services Other-$1,700-$1,700
Total Functional Expenses$689,371$69,390$0$758,761

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$789,241
Expenses per Audited Statements$758,761
Total Expenses per Form 990$758,761
Expenses Not Reported on Form 990$30,480
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Utah Center for Affordable HousingSalt Lake City, UT501(c)(3)Affordable Housing$14,000
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
Deferred Development Fee$2,095,967
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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 2

“Mark cohen, president, is the father of josh cohen, director of operations.”

Form 990, Part VI, Section A, Line 4

“The organization revised the board structure such that the utah center for neighborhood stabilitzation(ucns) can determine the board. At that time, the organization adopted the board of ucns.”

Form 990, Part VI, Section B, Line 11

“The directors will review and approve the form 990 before filing.”

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

“If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

Form 990, Part VI, Section B, Line 15

“Key employee compensation was determined by survey of comparable non-profit organizations for comparable positions.”

Form 990, Part VI, Section C, Line 19

“Written requests for public information will be responded to within 30 days. In person requests will be responded to immediately.”

Filing and Contact Details

Filer

Filer Name
Housing Plus
EIN
27-3541853
Phone
8013169118
Address
6880 S 700 W 2ND FLOOR, MIDVALE, UT 84047

Signing Officer

Name
Mike Plaizier
Title
Executive Director
Phone
8014130403
Signed
2015-08-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Plaizier
Formed
2010
Legal Domicile
Ut
Voting Board Members
12
Independent Board Members
11
Employees
5
Volunteers
11

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1128
Preparer
Ted L Hill CPA
Phone
8015322200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Noncontrolling interest 1,200,000.”

Financial Statement Notes

PART X, LINE 2:

“Housing plus is organized as a utah nonprofit corporation and has been recognized by the internal revenue service (irs) as exempt from federal income taxes under section 501(a) of the internal revenue code as an organization described in section 501(c)(3), qualifying for the charitable contribution deduction under section 170(b)(1)(a)(vi). Housing plus is annually required to file a return of organization exempt from income tax (form 990) with the irs. Housing plus also consists of several wholly-owned subsidiaries that are therefore disregarded entities for tax purposes and whose activities are reported in the housing plus form 990. In addition, the entities are subject to income tax on net income that is derived from business activities that are unrelated to their exempt purpose. Housing plus has determined it is not subject to unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs. Housing plus believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. Housing plus would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred.”

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IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt014000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt014000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt014000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0518293
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt08639
IRS990/InsuranceGrp/ProgramServicesAmt010346
IRS990/InsuranceGrp/TotalAmt018985
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0818679
IRS990/InvestmentIncomeGrp/ExclusionAmt05886
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05886
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03062747
IRS990/InvestmentsProgramRelatedGrp/EOYAmt03062800
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0596318
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07740633
IRS990/LandBldgEquipBasisNetGrp/EOYAmt06921641
IRS990/LandBldgEquipCostOrOtherBssAmt07517959
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INNOVATIVELY UTILIZE RESOURCES TO PRESERVE & CREATE QUALITY AFFORDABLE HOUSING COMMITTED TO FULFILLING INDIVIDUAL HOUSING NEEDS & STABILIZE NEIGHBORHOODS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08459425
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06604981
IRS990/NetAssetsOrFundBalancesBOYAmt05207916
IRS990/NetAssetsOrFundBalancesEOYAmt06169300
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01270
IRS990/OfficeExpensesGrp/ProgramServicesAmt024132
IRS990/OfficeExpensesGrp/TotalAmt025402
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01609860
IRS990/OtherAssetsTotalGrp/EOYAmt03376018
IRS990/OtherChangesInNetAssetsAmt01200000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03199
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt060789
IRS990/OtherEmployeeBenefitsGrp/TotalAmt063988
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc2UTILITIES AND TRASH REM
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01237
IRS990/OtherExpensesGrp/ProgramServicesAmt059143
IRS990/OtherExpensesGrp/ProgramServicesAmt123905
IRS990/OtherExpensesGrp/ProgramServicesAmt219661
IRS990/OtherExpensesGrp/ProgramServicesAmt310723
IRS990/OtherExpensesGrp/TotalAmt059143
IRS990/OtherExpensesGrp/TotalAmt123905
IRS990/OtherExpensesGrp/TotalAmt219661
IRS990/OtherExpensesGrp/TotalAmt311960
IRS990/OtherLiabilitiesGrp/BOYAmt03108251
IRS990/OtherLiabilitiesGrp/EOYAmt02095967
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06221
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118209
IRS990/OtherSalariesAndWagesGrp/TotalAmt0124430
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0662033
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0916
IRS990/PayrollTaxesGrp/ProgramServicesAmt017390
IRS990/PayrollTaxesGrp/TotalAmt018306
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05237
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021480
IRS990/PrincipalOfficerNm0MIKE PLAIZIER
IRS990/PriorPeriodAdjustmentsAmt01852
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0512407
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0512407
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03070000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt015969
IRS990/PYOtherExpensesAmt02184969
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02372135
IRS990/PYRevenuesLessExpensesAmt03033417
IRS990/PYSalariesCompEmpBnftPaidAmt0239718
IRS990/PYTotalExpensesAmt02424687
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05458104
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-240468
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0512407
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0396605
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0101981
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03070000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt088618
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt033172
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03191790
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05886
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt015969
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt016825
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05424
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt044104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0512407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02372135
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07378288
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt04304330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt081931
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt014649091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt015969
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt016825
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05424
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt044104
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01000
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt017840881
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0512407
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt05442135
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07466906
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04304330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0115103
IRS990ScheduleA/Total509Grp/TotalAmt017840881
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0518293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt05458104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07484731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04309754
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0115103
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt017885985
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt05407139
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0594358
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06001497
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt030480
IRS990ScheduleD/DonatedServicesUseFcltsAmt030480
IRS990ScheduleD/EquipmentGrp/BookValueAmt0153567
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01960
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0155527
IRS990ScheduleD/ExpensesNotReportedAmt030480
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0758761
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt03062800
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RIVERWALK LLC
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt01360935
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01360935
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02095967
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11276968
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt23083
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED DEVELOPMENT FEE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM CANYON CROSSING AT RIVERWALK, LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02095967
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED DEVELOPMENT FEE
IRS990ScheduleD/RevenueNotReportedAmt030480
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0518293
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0HOUSING PLUS IS ORGANIZED AS A UTAH NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), QUALIFYING FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI). HOUSING PLUS IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. HOUSING PLUS ALSO CONSISTS OF SEVERAL WHOLLY-OWNED SUBSIDIARIES THAT ARE THEREFORE DISREGARDED ENTITIES FOR TAX PURPOSES AND WHOSE ACTIVITIES ARE REPORTED IN THE HOUSING PLUS FORM 990. IN ADDITION, THE ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSE. HOUSING PLUS HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. HOUSING PLUS BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HOUSING PLUS WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06921641
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03376018
IRS990ScheduleD/TotalBookValueProgramRltdAmt03062800
IRS990ScheduleD/TotalExpensesPerForm990Amt0758761
IRS990ScheduleD/TotalLiabilityAmt02095967
IRS990ScheduleD/TotalRevenuePerForm990Amt0518293
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0548773
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0789241
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt014000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0AFFORDABLE HOUSING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UTAH CENTER FOR AFFORDABLE HOUSING

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$14,931,432
Liabilities
$8,762,132
Net assets
$6,169,300
Revenue
$518,293
Expenses
$758,761
Net income
-$240,468
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$0.17$10.2$1.42$0.92$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.8$3.84$9.01$0.98$0.90$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$3.08$8.21$0.86$0.82$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.6$6.16$7.43$0.86$0.79$0.08
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$6.22$6.91$1.05$0.68$0.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.9$6.33$6.57$0.85$0.82$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.3$6.46$5.88$1.15$0.63$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$6.50$5.42$1.64$0.64$1.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$6.73$4.48$0.63$0.65$0.01
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.3$8.70$4.57$0.43$0.76$0.33
2014Detailed filing. Detailed filing data is available for this year.$14.9$8.76$6.17$0.52$0.76$0.24
2013Detailed filing. Detailed filing data is available for this year.$16.9$11.7$5.21$5.46$2.42$3.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$11.6$2.09$5.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$16.3$0.53$3.83