Civic Intelligence

Affordable Housing Solutions

990 • Fiscal year 2016 • EIN 32-0053298

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 07, 2017

Refreshing map…

2251 Table Rock RoadMedford, OR 97501

(541) 779-5785

Siviq Scores

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

Liabilities / Assets

95th percentile

1.02x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

1.02x

Higher debt load relative to revenue than 95% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

38th percentile

-1.2%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$151,298

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 78.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

100th percentile

32663%

Faster asset growth than 100% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

72%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$192,319

Up $191,732 (+32663%) from 2015

Net Assets

Down

-$4,138

Down $2,362 (-133%) from 2015

Liabilities

Up

$196,457

Up $194,094 (+8214%) from 2015

Revenue

Up

$191,732

Up $80,545 (+72%) from 2015

Expenses

Up

$194,094

Up $80,411 (+71%) from 2015

Net Income

Up

-$2,362

Up $134 (+5.4%) from 2015

Historical Trend

Balance Sheet Trend

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 2010: $284,104Liabilities 2010: $57,114Net Assets 2010: $226,9902010Assets 2011: $430,121Liabilities 2011: $161,082Net Assets 2011: $269,0392011Assets 2012: $89,919Liabilities 2012: $83,977Net Assets 2012: $5,9422012Assets 2014: $1,564Liabilities 2014: $844Net Assets 2014: $7202014Assets 2015: $587Liabilities 2015: $2,363Net Assets 2015: -$1,7762015Assets 2016: $192,319Liabilities 2016: $196,457Net Assets 2016: -$4,1382016Assets 2018: $3,645,369Liabilities 2018: $25,920Net Assets 2018: $3,619,4492018Assets 2020: $3,463,208Liabilities 2020: $19,710Net Assets 2020: $3,443,4982020Assets 2022: $3,342,467Liabilities 2022: $305Net Assets 2022: $3,342,1622022Assets 2024: $3,338,246Liabilities 2024: $39Net Assets 2024: $3,338,2072024

Highlighted filing

2016

Assets$192,319
Liabilities$196,457
Net Assets-$4,138

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $935,1972010Expenses 2011: $654,0022011Expenses 2012: $232,6802012Revenue 2014: $230,289Expenses 2014: $232,952Net Income 2014: -$2,6632014Revenue 2015: $111,187Expenses 2015: $113,683Net Income 2015: -$2,4962015Revenue 2016: $191,732Expenses 2016: $194,094Net Income 2016: -$2,3622016Revenue 2018: $85,000Expenses 2018: $70,554Net Income 2018: $14,4462018Revenue 2020: $0Expenses 2020: $74,252Net Income 2020: -$74,2522020Revenue 2022: $76Expenses 2022: $67,445Net Income 2022: -$67,3692022Revenue 2024: $0Expenses 2024: $3,487Net Income 2024: -$3,4872024

Highlighted filing

2016

Revenue$191,732
Expenses$194,094
Net Income-$2,362
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 7, 2017
Return Version
2016v3.0
Gross Receipts
$191,732
Mission and Program Overview

Mission

To provide assistance for decent, safe, and affordable housing to low income persons.

To provide grants to assist organizations in carrying out their mission to provide decent, safe, and affordable housing to low-income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable-$191,372-
Cash and Non-Interest-Bearing Accounts$587$947▲ $360
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$587$192,319▲ $191,732
Other Assets Total-$0-
Liabilities
Other Liabilities-$196,457-
Accounts Payable and Accrued Expenses$2,363--
Total Liabilities$2,363$196,457▲ $194,094
Net Assets / Fund Balance
Unrestricted Net Assets$-1,776$-4,138▼ $2,362
Total Net Assets Fund Balance$-1,776$-4,138▼ $2,362
Total Liabilities and Net Assets / Fund Balance$587$192,319▲ $191,732
Compensation and Service Providers

Employees

NameTitleOtherTotal
Jason ElzyDev. Director$143,567$143,567
Brian ConoverFin. Director$97,243$97,243

Board Members and Trustees

NameTitle
Denise JamesPresident
Chris DuboseVice President
Scott FosterExecutive Director
Jay StormbergSec/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$191,732
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$360
Change in Net Assets
$-2,362
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$191,372
Other Expenses$2,722
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$191,372--$191,372
Fees for Services Accounting$2,165--$2,165
Office Expenses$557--$557
Total Functional Expenses$194,094$0$0$194,094
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
HajcMedford, OR-To Assist Organizations in Carrying Out Their Mission.$191,372
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Payables$191,372
Advances Payable to Primary Government$5,085
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Backup withholding compliance
No
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, Line 11B: Form 990 Review Process

The form 990 is reviewed by the director of finance for approval.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The governing documents, conflict of interest policy, and financial statements are made avaliable for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
Affordable Housing Solutions
EIN
32-0053298
Phone
5417795785
Address
2251 TABLE ROCK ROAD, MEDFORD, OR 97501

Signing Officer

Name
Jay Stormberg
Title
Secretary/Treasurer
Signed
2017-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jay Stormberg
Formed
2002
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
KDP Certified Public Accountants LLP
Address
640 SUPERIOR CT, MEDFORD, OR 97504-6181
Preparer
Stewart C Parmele CPA
Phone
5417736633
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER PAYABLES
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0HAJC
IRS990ScheduleI/RecipientTable/RecipientEIN0930578087
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02251 TABLE ROCK ROAD
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0REVIEWS MONTHLY FINANCIAL REPORTS FOR PROGRAM ACTIVITIES TO MONITOR USE OF GRANT FUNDS FOR PROPER PURPOSES.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Grantmaker's Description of How Grants are Used
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt015780
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Dir.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE FOR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVALIABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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