Civic Intelligence

Housing Plus

990 • Fiscal year 2018 • EIN 27-3541853

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 23, 2019

6880 S 700 W Office 102Midvale, UT 84047

(801) 316-9118

Siviq Scores

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

Liabilities / Assets

74th percentile

0.52x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

94th percentile

5.59x

Higher debt load relative to revenue than 94% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

89th percentile

45%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

64th percentile

$220,393

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 19.1% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

57th percentile

3.5%

Faster asset growth than 57% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

9th percentile

-30%

Faster revenue growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Assets

Up

$12,342,087

Up $420,660 (+3.5%) from 2017

Net Assets

Up

$5,881,913

Up $464,168 (+8.6%) from 2017

Liabilities

Down

$6,460,174

Down $43,508 (-0.7%) from 2017

Revenue

Down

$1,154,868

Down $487,987 (-30%) from 2017

Expenses

Down

$630,982

Down $5,399 (-0.8%) from 2017

Net Income

Down

$523,886

Down $482,588 (-48%) from 2017

Historical Trend

Balance Sheet Trend

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

2018

Assets$12,342,087
Liabilities$6,460,174
Net Assets$5,881,913

Operations Trend

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

2018

Revenue$1,154,868
Expenses$630,982
Net Income$523,886
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 23, 2019
Return Version
2018v3.1
Gross Receipts
$1,154,868
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$6,471,952$6,295,464▼ $176,488
Investments Program Related$2,844,680$2,784,962▼ $59,718
Cash and Non-Interest-Bearing Accounts$1,720,424$2,400,458▲ $680,034
Savings and Temporary Cash Investments$74,239$76,975▲ $2,736
Prepaid Expenses and Deferred Charges$12,633$17,644▲ $5,011
Accounts Receivable-$70-
Total Assets$11,921,427$12,342,087▲ $420,660
Other Assets Total$797,499$766,514▼ $30,985
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,391,734$6,313,260▼ $78,474
Other Liabilities$87,950$86,450▼ $1,500
Accounts Payable and Accrued Expenses$23,998$60,464▲ $36,466
Total Liabilities$6,503,682$6,460,174▼ $43,508
Net Assets / Fund Balance
Unrestricted Net Assets$5,417,745$5,881,913▲ $464,168
Total Net Assets Fund Balance$5,417,745$5,881,913▲ $464,168
Total Liabilities and Net Assets / Fund Balance$11,921,427$12,342,087▲ $420,660

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,934,426$1,257,531$6,191,957
Land$1,360,935-$1,360,935
Equipment$103$1,619$1,722
Investment Program Related Org$2,784,962--
Other Assets Org$160,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Dan AdamsExecutive DirectorFT$52,666$52,666

Board Members and Trustees

NameTitle
Jonathan HanksChairman
Howard HeadleeFormer Chairman
Kisty MorrisVice Chairman
David BrownDirector
Heidi MillerDirector
Kimberly ChytrausDirector
Mark CorneliusDirector
Scott SimpsonDirector
Mike PlaizierExecutive Director
Rex RolloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,053,029
Investment Income
$91,927
Other Revenue
$9,912
Change in Net Assets
$523,886

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,154,868
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-59,718
Total Revenue per Audited Statements
$1,095,150
Total Revenue per Form 990
$1,154,868
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$486,962
Salaries, Compensation, and Employee Benefits$144,020
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$176,189--$176,189
Other Salaries and Wages$79,370$16,889-$96,259
Fees for Services Accounting-$51,088-$51,088
Fees for Services Management$23,249--$23,249
Current Officers, Directors, Trustees, and Key Employees$14,700$7,796-$22,496
Insurance$16,222$2,310-$18,532
Other Employee Benefits$12,272$3,095-$15,367
Other Expenses$6,156$7,272-$13,428
Occupancy$9,250$3,730-$12,980
All Other Expenses$6,666$5,996-$12,662
Payroll Taxes$6,820$1,719-$8,539
Fees for Services Other-$8,348-$8,348
Travel$3,179$737-$3,916
Advertising$1,090$2,541-$3,631
Pension Plan Contributions$1,085$274-$1,359
Fees for Services Legal-$1,084-$1,084
Total Functional Expenses$503,960$127,022$0$630,982

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$630,982
Total Expenses per Audited Statements$630,982
Total Expenses per Form 990$630,982
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
Deferred Development Fee$60,000
Security Deposits Liability$26,450
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
No
Other officer compensation reviewed
No
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 A, Line 8B

There are no other committees able to act on behalf of the board of directors

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

Cfo to review, then be presented to the board of directors for approval

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

The compensation of the executive director is determined by a related organization, the utah center for neighborhood stabilization. The board of directors for ucns is the same board of directors for all related nonprofit organizations under ucns umbrella, including housing plus.

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 OFFICE 102, MIDVALE, UT 84047

Signing Officer

Name
Daniel Adams
Title
Executive Director
Phone
8013169118
Signed
2019-08-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Adams
Formed
2010
Legal Domicile
Ut
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Eide Bailly Llp
Address
5 TRIAD CENTER STE 600, SALT LAKE CITY, UT 84180-1106
Preparer
Christopher Winsley CPA
Phone
8015322200
Supplemental Narrative

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. Subsidiaries that are not disregarded file separate tax returns. In addition, housing plus and its disregarded entities are subject to income tax on net income that is derived from business activities that are unrelated to their exempt purpose, if any. 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/LandBldgEquipCostOrOtherBssAmt07554614
IRS990/LegalDomicileStateCd0UT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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/BOYAmt06391734
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06313260
IRS990/NetAssetsOrFundBalancesBOYAmt05417745
IRS990/NetAssetsOrFundBalancesEOYAmt05881913
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-59718
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt03730
IRS990/OccupancyGrp/ProgramServicesAmt09250
IRS990/OccupancyGrp/TotalAmt012980
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0797499
IRS990/OtherAssetsTotalGrp/EOYAmt0766514
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03095
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012272
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015367
IRS990/OtherExpensesGrp/Desc0SUPPLIES AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc1UTILITIES AND TRASH REM
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc3OTHER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014143
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17272
IRS990/OtherExpensesGrp/ProgramServicesAmt083149
IRS990/OtherExpensesGrp/ProgramServicesAmt133784
IRS990/OtherExpensesGrp/ProgramServicesAmt230779
IRS990/OtherExpensesGrp/ProgramServicesAmt36156
IRS990/OtherExpensesGrp/TotalAmt097292
IRS990/OtherExpensesGrp/TotalAmt133784
IRS990/OtherExpensesGrp/TotalAmt230779
IRS990/OtherExpensesGrp/TotalAmt313428
IRS990/OtherLiabilitiesGrp/BOYAmt087950
IRS990/OtherLiabilitiesGrp/EOYAmt086450
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt09912
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09912
IRS990/OtherRevenueTotalAmt09912
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt016889
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt079370
IRS990/OtherSalariesAndWagesGrp/TotalAmt096259
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01719
IRS990/PayrollTaxesGrp/ProgramServicesAmt06820
IRS990/PayrollTaxesGrp/TotalAmt08539
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0274
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01085
IRS990/PensionPlanContributionsGrp/TotalAmt01359
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012633
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt017644
IRS990/PrincipalOfficerNm0DANIEL ADAMS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPMENT FEE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0558878
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1494151
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0558878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1494151
IRS990/ProgSrvcAccomActy2Grp/Desc0HOUSING PLUS OWNS .01% INTEREST IN CROWN AT GEMINI MEADOWS, LLC, CROWN AT HUNTER GLEN LLC, AND CROWN AT ASH CREEK LLC. THESE ENTITIES WILL PROVIDE SINGLE FAMILY HOMES IN UTAH WHICH WILL BE SUBJECT TO RENT RESTRICTIONS AND QUALIFIED TENANT RESTRICTIONS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0100000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0204322
IRS990/PYOtherExpensesAmt0446866
IRS990/PYOtherRevenueAmt08769
IRS990/PYProgramServiceRevenueAmt01329764
IRS990/PYRevenuesLessExpensesAmt01006474
IRS990/PYSalariesCompEmpBnftPaidAmt0189515
IRS990/PYTotalExpensesAmt0636381
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01642855
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0523886
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01135604
IRS990/SavingsAndTempCashInvstGrp/BOYAmt074239
IRS990/SavingsAndTempCashInvstGrp/EOYAmt076975
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0100000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt024078
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0124078
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019264
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0458
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0257
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05886
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt025971
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01135604
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01542397
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0639439
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0502297
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0512407
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04332144
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019264
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0458
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0257
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05886
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt025971
IRS990ScheduleA/InvestmentIncomeCYPct00.00580
IRS990ScheduleA/InvestmentIncomePYPct00.00260
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99420
IRS990ScheduleA/PublicSupportPY509Pct00.99740
IRS990ScheduleA/PublicSupportTotal509Amt04456222
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01135604
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01642397
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0663517
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0502297
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0512407
IRS990ScheduleA/Total509Grp/TotalAmt04456222
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01154868
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01642855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0663774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0502403
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0518293
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04482193
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04934426
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01257531
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06191957
IRS990ScheduleD/EquipmentGrp/BookValueAmt0103
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01619
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01722
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0630982
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt02784962
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0CANYON CROSSING PROJECT INC.
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt01360935
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01360935
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-59718
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0606514
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1160000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM CANYON CROSSING AT RIVERWALK, LLC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM CROWN PROJECTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt160000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED DEVELOPMENT FEE
IRS990ScheduleD/RevenueNotReportedAmt0-59718
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01154868
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. SUBSIDIARIES THAT ARE NOT DISREGARDED FILE SEPARATE TAX RETURNS. IN ADDITION, HOUSING PLUS AND ITS DISREGARDED ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSE, IF ANY. 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/TotalBookValueLandBuildingsAmt06295464
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0766514
IRS990ScheduleD/TotalBookValueProgramRltdAmt02784962
IRS990ScheduleD/TotalExpensesPerForm990Amt0630982
IRS990ScheduleD/TotalLiabilityAmt086450
IRS990ScheduleD/TotalRevenuePerForm990Amt01154868
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01095150
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0630982
IRS990ScheduleJ/AnyNonFixedPaymentsInd01
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00

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Filings

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
2018Detailed filing. Detailed filing data is available for this year.$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