Civic Intelligence

Rodman Commons Inc.

990 • Fiscal year 2020 • EIN 36-4677601

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 12, 2020

Organization ProfileWWW.WDCHOC.ORG
861A Broad StreetProvidence, RI 02907

(401) 941-2900

Siviq Scores

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

Liabilities / Assets

95th percentile

1.17x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

17.63x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

10th percentile

-37%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

22nd percentile

-2.7%

Faster asset growth than 22% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

46th percentile

-0.8%

Faster revenue growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$2,708,605

Down $76,035 (-2.7%) from 2019

Net Assets

Down

-$468,454

Down $67,397 (-17%) from 2019

Liabilities

Down

$3,177,059

Down $8,638 (-0.3%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin10th percentile

Revenue

Down

$180,177

Down $1,537 (-0.8%) from 2019

Expenses

Up

$247,574

Up $6,058 (+2.5%) from 2019

Net Income

Down

-$67,397

Down $7,595 (-13%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth22nd percentile

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

$4.0M$2.0M$0-$2.0MAssets 2013: $3,155,729Liabilities 2013: $3,193,106Net Assets 2013: -$37,3772013Assets 2014: $3,107,560Liabilities 2014: $3,195,334Net Assets 2014: -$87,7742014Assets 2015: $3,048,374Liabilities 2015: $3,190,252Net Assets 2015: -$141,8782015Assets 2016: $2,995,766Liabilities 2016: $3,188,258Net Assets 2016: -$192,4922016Assets 2017: $2,919,935Liabilities 2017: $3,182,879Net Assets 2017: -$262,9442017Assets 2018: $2,852,271Liabilities 2018: $3,193,526Net Assets 2018: -$341,2552018Assets 2019: $2,784,640Liabilities 2019: $3,185,697Net Assets 2019: -$401,0572019Assets 2020: $2,708,605Liabilities 2020: $3,177,059Net Assets 2020: -$468,4542020Assets 2021: $2,652,972Liabilities 2021: $3,181,147Net Assets 2021: -$528,1752021Assets 2023: $2,502,235Liabilities 2023: $3,192,753Net Assets 2023: -$690,5182023Assets 2024: $2,394,664Liabilities 2024: $3,206,690Net Assets 2024: -$812,0262024

Highlighted filing

2020

Assets$2,708,605
Liabilities$3,177,059
Net Assets-$468,454
Open 2020 Filing

Operations Trend

Revenue Growth46th percentile

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

$400K$200K$0-$200KExpenses 2013: $136,4432013Revenue 2014: $186,878Expenses 2014: $237,275Net Income 2014: -$50,3972014Revenue 2015: $185,779Expenses 2015: $239,883Net Income 2015: -$54,1042015Revenue 2016: $186,724Expenses 2016: $237,338Net Income 2016: -$50,6142016Revenue 2017: $184,892Expenses 2017: $255,345Net Income 2017: -$70,4532017Revenue 2018: $183,567Expenses 2018: $261,878Net Income 2018: -$78,3112018Revenue 2019: $181,714Expenses 2019: $241,516Net Income 2019: -$59,8022019Revenue 2020: $180,177Expenses 2020: $247,574Net Income 2020: -$67,3972020Revenue 2021: $184,408Expenses 2021: $244,128Net Income 2021: -$59,7202021Revenue 2023: $166,368Expenses 2023: $242,945Net Income 2023: -$76,5772023Revenue 2024: $164,251Expenses 2024: $285,758Net Income 2024: -$121,5072024

Highlighted filing

2020

Revenue$180,177
Expenses$247,574
Net Income-$67,397
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 12, 2020
Return Version
2019v5.1
Gross Receipts
$180,177
Mission and Program Overview

Mission

To provide low income housing to the elderly and disabled in the south kingstown, ri area under section 202 of the national affordable housing act.

To provide affordable housing in south kingstown, rhode island for senior citizens and the disabled under section 202 of the national affordable housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,638,382$2,565,409▼ $72,973
Savings and Temporary Cash Investments$101,994$104,516▲ $2,522
Cash and Non-Interest-Bearing Accounts$29,377$19,114▼ $10,263
Prepaid Expenses and Deferred Charges$6,671$8,855▲ $2,184
Accounts Receivable$311$2,259▲ $1,948
Total Assets$2,784,640$2,708,605▼ $76,035
Other Assets Total$7,905$8,452▲ $547
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,151,000$3,151,000→ $0
Accounts Payable and Accrued Expenses$26,842$17,657▼ $9,185
Other Liabilities$7,855$8,402▲ $547
Total Liabilities$3,185,697$3,177,059▼ $8,638
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-401,057$-468,454▼ $67,397
Total Net Assets Fund Balance$-401,057$-468,454▼ $67,397
Total Liabilities and Net Assets / Fund Balance$2,784,640$2,708,605▼ $76,035

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,565,409$606,138$3,171,547
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Julia BushChair
James ComerPresident
Ann SabbaghDirector
Barbara ColtDirector
Larry KellamDirector
Noel SanchezDirector
Stephanie ZurekDirector
Valerie TalmageTreas and Sec
Revenue and Support

Revenue Composition

Contributions and Grants
$91,370
Program Service Revenue
$88,538
Investment Income
$269
Other Revenue
$0
Change in Net Assets
$-67,397

Audited Revenue Reconciliation

Revenue per Audited Statements
$180,177
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$180,177
Total Revenue per Form 990
$180,177
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$205,076
Salaries, Compensation, and Employee Benefits$42,498
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$80,242--$80,242
Occupancy$64,490--$64,490
Other Salaries and Wages$42,498--$42,498
Fees for Services Management-$15,696-$15,696
Insurance$9,707--$9,707
Fees for Services Accounting-$8,204-$8,204
Office Expenses$1,559$3,921-$5,480
Other Expenses$350--$350
Travel-$87-$87
Total Functional Expenses$219,666$27,908$0$247,574

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$247,574
Total Expenses per Audited Statements$247,574
Total Expenses per Form 990$247,574
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
Tenant Security Deposits$8,402
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Form 990 is available for review by the governing board upon request.”

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

“The governing body adheres to the conflict of interest policy that is in place. This policy is reviewed periodically.”

Form 990, Part VI, Section C, Line 19

“The governing documents and form 990 are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Rodman Commons Inc
EIN
36-4677601
Phone
4019412900
Address
861A BROAD STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Dean Harrison
Title
Director of Real Estate
Phone
4019412900
Signed
2020-08-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dean Harrison
Formed
2010
Legal Domicile
Ri
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Damiano Burk & Nuttall Pc
Address
6 BLACKSTONE VALLEY PL STE 109, LINCOLN, RI 02865
Preparer
Jeremy Cole
Phone
4013332880
Supplemental Narrative

Additional Explanations

Form 990 Part XII

“There have been no changes to the organization's process for selecting independent auditors or with respect to oversight of the audit.”

Financial Statement Notes

PART X, LINE 2:

“Income tax benefits are recognized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. The corporation has analyzed tax positions taken for filing with the internal revenue service and all state jurisdictions where it operates. Management believes that income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse effect to the corporation 's financial condition, results of operations or cash flows. Accordingly, the corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2020. Tax years prior to 2017 have been closed for examination by taxing authorities.”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0697
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt088538
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt083050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt081559
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt084228
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt081554
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0418929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0269
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0258
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt026
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0697
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99920
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt0916377
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0179908
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0181456
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0183469
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0184846
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0186698
IRS990ScheduleA/Total509Grp/TotalAmt0916377
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0180177
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0181714
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0183567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0184892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0186724
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0917074
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02565409
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0606138
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03171547
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0247574
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08402
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0180177
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CORPORATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT TO THE CORPORATION 'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE CORPORATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2020. TAX YEARS PRIOR TO 2017 HAVE BEEN CLOSED FOR EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02565409
IRS990ScheduleD/TotalExpensesPerForm990Amt0247574
IRS990ScheduleD/TotalLiabilityAmt08402
IRS990ScheduleD/TotalRevenuePerForm990Amt0180177
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0180177
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0247574
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS AVAILABLE FOR REVIEW BY THE GOVERNING BOARD UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING BODY ADHERES TO THE CONFLICT OF INTEREST POLICY THAT IS IN PLACE. THIS POLICY IS REVIEWED PERIODICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S PROCESS FOR SELECTING INDEPENDENT AUDITORS OR WITH RESPECT TO OVERSIGHT OF THE AUDIT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART XII
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1LACASA DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222487344
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1050516463
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501C
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MANAGEMENT OF LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1OWN AND OPERATE ELDERLY LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0861A BROAD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1861A BROAD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1PROVIDENCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1RI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd002907
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd102907
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt015696
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt144502
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt210725
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt3256
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2LEASE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt3COST
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2LACASA DEVELOPMENT CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt3HOUSING OPPORTUNITIES CORPORATION
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1O
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2K
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt3P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02784640
IRS990/TotalAssetsEOYAmt02708605
IRS990/TotalAssetsGrp/BOYAmt02784640
IRS990/TotalAssetsGrp/EOYAmt02708605
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt091370
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027908

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,708,605
Liabilities
$3,177,059
Net assets
-$468,454
Revenue
$180,177
Expenses
$247,574
Net income
-$67,397
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.39$3.21$0.81$0.16$0.29$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.50$3.19$0.69$0.17$0.24$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.65$3.18$0.53$0.18$0.24$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.71$3.18$0.47$0.18$0.25$0.07
2019Detailed filing. Detailed filing data is available for this year.$2.78$3.19$0.40$0.18$0.24$0.06
2018Detailed filing. Detailed filing data is available for this year.$2.85$3.19$0.34$0.18$0.26$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.92$3.18$0.26$0.18$0.26$0.07
2016Detailed filing. Detailed filing data is available for this year.$3.00$3.19$0.19$0.19$0.24$0.05
2015Detailed filing. Detailed filing data is available for this year.$3.05$3.19$0.14$0.19$0.24$0.05
2014Detailed filing. Detailed filing data is available for this year.$3.11$3.20$0.09$0.19$0.24$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.16$3.19$0.04$0.14