Civic Intelligence

Equality Community Housing Corporation

990 • Fiscal year 2014 • EIN 30-0108124

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 16, 2015

275 Battery StreetRoom/Suite 500San Francisco, CA 94111-3377

(602) 903-1843

Siviq Scores

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

Liabilities / Assets

97th percentile

1.19x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

4.79x

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

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Net Margin

34th percentile

0.3%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Top Officer Pay

28th percentile

$167,501

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2014

Asset Growth

17th percentile

-2.9%

Faster asset growth than 17% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Revenue Growth

43rd percentile

2.3%

Faster revenue growth than 43% of similar nonprofits.

2014 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2013 to 2014

Assets

Down

$43,659,863

Down $1,866,526 (-4.1%) from 2012

Net Assets

Up

-$8,444,820

Up $110,802 (+1.3%) from 2012

Liabilities

Down

$52,104,683

Down $1,977,328 (-3.7%) from 2012

Revenue

$10,886,927

No earlier filing loaded for comparison.

Expenses

Up

$10,859,322

Up $225,289 (+2.1%) from 2012

Net Income

$27,605

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2011: $46,670,880Liabilities 2011: $55,223,786Net Assets 2011: -$8,552,9062011Assets 2012: $45,526,389Liabilities 2012: $54,082,011Net Assets 2012: -$8,555,6222012Assets 2014: $43,659,863Liabilities 2014: $52,104,683Net Assets 2014: -$8,444,8202014Assets 2015: $43,376,629Liabilities 2015: $51,048,192Net Assets 2015: -$7,671,5632015Assets 2016: $43,218,738Liabilities 2016: $49,858,354Net Assets 2016: -$6,639,6162016Assets 2017: $46,320,004Liabilities 2017: $51,805,943Net Assets 2017: -$5,485,9392017Assets 2019: $44,461,192Liabilities 2019: $49,712,844Net Assets 2019: -$5,251,6522019Assets 2020: $42,896,947Liabilities 2020: $47,398,451Net Assets 2020: -$4,501,5042020Assets 2021: $43,109,186Liabilities 2021: $47,421,673Net Assets 2021: -$4,312,4872021Assets 2022: $48,017,310Liabilities 2022: $51,642,062Net Assets 2022: -$3,624,7522022Assets 2024: $47,292,466Liabilities 2024: $49,879,865Net Assets 2024: -$2,587,3992024

Highlighted filing

2014

Assets$43,659,863
Liabilities$52,104,683
Net Assets-$8,444,820

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2011: $9,175,0392011Expenses 2012: $10,634,0332012Revenue 2014: $10,886,927Expenses 2014: $10,859,322Net Income 2014: $27,6052014Revenue 2015: $11,344,192Expenses 2015: $10,570,935Net Income 2015: $773,2572015Revenue 2016: $11,578,759Expenses 2016: $10,546,812Net Income 2016: $1,031,9472016Revenue 2017: $12,113,367Expenses 2017: $10,959,690Net Income 2017: $1,153,6772017Revenue 2019: $12,338,014Expenses 2019: $12,978,549Net Income 2019: -$640,5352019Revenue 2020: $12,359,682Expenses 2020: $11,609,534Net Income 2020: $750,1482020Revenue 2021: $12,960,879Expenses 2021: $12,771,862Net Income 2021: $189,0172021Revenue 2022: $21,298,160Expenses 2022: $20,610,425Net Income 2022: $687,7352022Revenue 2024: $15,723,546Expenses 2024: $14,905,810Net Income 2024: $817,7362024

Highlighted filing

2014

Revenue$10,886,927
Expenses$10,859,322
Net Income$27,605
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 16, 2015
Return Version
2014v5.0
Gross Receipts
$10,886,927
Mission and Program Overview

Mission

To facilitate the provision of safe, decent, and sanitary affordable housing to lower income individuals and families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$41,510,316$40,477,690▼ $1,032,626
Cash and Non-Interest-Bearing Accounts$437,675$612,405▲ $174,730
Accounts Receivable$133,524$133,116▼ $408
Prepaid Expenses and Deferred Charges$542,154$70,200▼ $471,954
Intangible Assets$77,311$30,919▼ $46,392
Total Assets$44,976,573$43,659,863▼ $1,316,710
Other Assets Total$2,275,593$2,335,533▲ $59,940
Liabilities
Mortgage Notes Payable Secured by Investment Property$51,821,259$50,677,867▼ $1,143,392
Accounts Payable and Accrued Expenses$1,357,435$1,181,758▼ $175,677
Other Liabilities$195,751$205,016▲ $9,265
Deferred Revenue$74,553$40,042▼ $34,511
Total Liabilities$53,448,998$52,104,683▼ $1,344,315
Net Assets / Fund Balance
Unrestricted Net Assets$-8,472,425$-8,444,820▲ $27,605
Total Net Assets Fund Balance$-8,472,425$-8,444,820▲ $27,605
Total Liabilities and Net Assets / Fund Balance$44,976,573$43,659,863▼ $1,316,710

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$35,777,216$14,049,654$49,826,870
Land$4,490,267-$4,490,267
Equipment$209,402$1,064,824$1,274,226
Other Land Buildings$805$201$1,006
Other Assets Org$18,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Flynann JanissePres/exe DirectorFT$167,501$167,501

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
J Allen Management CoManagement1390 BROADWAY, Beaumont, TX 77701-2108$1,170,862
Douglas UtilityUtilities32 EAST RIVERCREST DR, Houston, TX 77042-2501$496,557
Hd SupplySupplies2300 MCCARTHY ST, Houston, TX 77029$147,990
City Of Leander Utility DepartmentUtilities200 W WILLIS ST, Leander, TX 78641$108,000
M&g Painting LLCImprovements14915 STUEBNER AIRLINE RD STE B, Houston, TX 77069$107,064
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,489,347
Investment Income
$1,159
Other Revenue
$396,421
Change in Net Assets
$27,605

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,886,927
Total Revenue per Audited Statements
$10,886,927
Total Revenue per Form 990
$10,886,927
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,682,984
Salaries, Compensation, and Employee Benefits$1,176,338
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$2,606,575--$2,606,575
Depreciation Depletion$1,755,734--$1,755,734
Other Salaries and Wages$969,754--$969,754
All Other Expenses$630,325--$630,325
Insurance$551,494--$551,494
Fees for Services Other$529,776--$529,776
Fees for Services Management$389,484--$389,484
Other Expenses$383,067--$383,067
Office Expenses$219,794--$219,794
Fees for Services Legal$130,056--$130,056
Other Employee Benefits$117,340--$117,340
Fees for Services Accounting$110,054--$110,054
Payroll Taxes$89,244--$89,244
Conferences and Meetings$7,346--$7,346
Advertising$7,110--$7,110
Total Functional Expenses$10,859,322$0$0$10,859,322

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$10,859,322
Total Expenses per Audited Statements$10,859,322
Total Expenses per Form 990$10,859,322
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
Tenant Deposits Held in Trust$205,016
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Reviewed by president/executive director prior to filing. Reviewed and approved by board of directors at subsequent board meeting.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Equality Community Housing
EIN
30-0108124
Phone
6029031843
Address
275 BATTERY STREET, ROOM/SUITE 500, SAN FRANCISCO, CA 94111-3377

Signing Officer

Name
Flynann Janisse
Title
President, Executive Director
Phone
6029031843
Signed
2015-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Flynann Janisse
Formed
2002
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
FMW PC CPA'S
Address
1150 NORTH ELEVENTH STREET, BEAUMONT, TX 77702-1207
Preparer
Terry S Whiddon CPA
Phone
4098383755
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IRS990/ProgramServiceRevenueGrp/Desc2RENTAL CONCESSIONS
IRS990/ProgramServiceRevenueGrp/Desc3VACANCIES- APARTMENTS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13980875
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2-32559
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-256136
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06797167
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13980875
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2-32559
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-256136
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01396
IRS990/PYOtherExpensesAmt09424962
IRS990/PYOtherRevenueAmt0478835
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IRS990/RelatedEntityInd0true
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt01,919,997
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1PART II, LINE 10 - OTHER INCOME DETAIL LAUNDRY & VENDING 4,867 TENANT CHARGES 199,503 MISCELLANEOUS REVENUE 192,051
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt010489347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010161150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010190463
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt08743850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt07737987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt047322797
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01159
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0685
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01858
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05534
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010886927
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0478835
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0433189
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0223469
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0388083
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010190463
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt08743850
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt07737987
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt047322797
IRS990ScheduleA/TotalSupportAmt049248328
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IRS990ScheduleD/BuildingsGrp/BookValueAmt035777216
IRS990ScheduleD/BuildingsGrp/DepreciationAmt014049654
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt049826870
IRS990ScheduleD/EquipmentGrp/BookValueAmt0209402
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01064824
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01274226
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IRS990ScheduleD/LandGrp/BookValueAmt04490267
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04490267
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0589944
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1536708
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2315011
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3301655
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4210781
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5168000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6136052
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt758882
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt818500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPAIR RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3PROPERTY TAX ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4CASH TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5GRP REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7TAX & INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8DEPOSITS-UTILITY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc9INTEREST RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0805
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0201
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0205016
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt02335533
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IRS990ScheduleD/TotalLiabilityAmt0205016
IRS990ScheduleD/TotalRevenuePerForm990Amt010886927
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IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0FLYNANN JANISSE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRES/EXE DIR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0167501
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEWED BY PRESIDENT/EXECUTIVE DIRECTOR PRIOR TO FILING. REVIEWED AND APPROVED BY BOARD OF DIRECTORS AT SUBSEQUENT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0EQUALITY
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0EQUALITY-LAKELINE
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0452561869
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt018785500
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-261967
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt01021 MAIN STREET SUITE 1150
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0HOUSTON
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd0770026508
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0RAINBOW HOUSING ASSISTANCE CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0300108119
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt09
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03120 W CAREFREE HWY SUITE 1-246
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PHOENIX
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0850864032
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0true
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false

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