Civic Intelligence

Samchai

990 • Fiscal year 2017 • EIN 45-0650160

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

264 HARBOR BLVD No BLDG ABelmont, CA 94002

(650) 802-3300

Siviq Scores

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

Liabilities / Assets

31st percentile

0.07x

Higher debt load relative to assets than 31% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.24x

Higher debt load relative to revenue than 51% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

68th percentile

10%

Faster asset growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

1.3%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$11,862,454

Up $1,094,648 (+10%) from 2016

Net Assets

Up

$11,015,010

Up $1,264,943 (+13%) from 2016

Liabilities

Down

$847,444

Down $170,295 (-17%) from 2016

Revenue

Up

$3,537,290

Up $46,567 (+1.3%) from 2016

Expenses

Up

$2,234,704

Up $68,092 (+3.1%) from 2016

Net Income

Down

$1,302,586

Down $21,525 (-1.6%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2014: $8,778,160Liabilities 2014: $1,169,557Net Assets 2014: $7,608,6032014Assets 2015: $9,497,039Liabilities 2015: $1,097,842Net Assets 2015: $8,399,1972015Assets 2016: $10,767,806Liabilities 2016: $1,017,739Net Assets 2016: $9,750,0672016Assets 2017: $11,862,454Liabilities 2017: $847,444Net Assets 2017: $11,015,0102017Assets 2018: $19,753,185Liabilities 2018: $930,364Net Assets 2018: $18,822,8212018Assets 2019: $21,669,796Liabilities 2019: $1,015,735Net Assets 2019: $20,654,0612019Assets 2020: $23,293,483Liabilities 2020: $1,043,891Net Assets 2020: $22,249,5922020Assets 2021: $24,189,590Liabilities 2021: $719,010Net Assets 2021: $23,470,5802021Assets 2022: $25,043,120Liabilities 2022: $950,367Net Assets 2022: $24,092,7532022Assets 2023: $5,739,666Liabilities 2023: $149,557Net Assets 2023: $5,590,1092023Assets 2024: $5,637,037Liabilities 2024: $178,189Net Assets 2024: $5,458,8482024

Highlighted filing

2017

Assets$11,862,454
Liabilities$847,444
Net Assets$11,015,010

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $3,204,321Expenses 2014: $1,915,032Net Income 2014: $1,289,2892014Revenue 2015: $2,866,642Expenses 2015: $2,076,048Net Income 2015: $790,5942015Revenue 2016: $3,490,723Expenses 2016: $2,166,612Net Income 2016: $1,324,1112016Revenue 2017: $3,537,290Expenses 2017: $2,234,704Net Income 2017: $1,302,5862017Revenue 2018: $3,878,924Expenses 2018: $2,622,639Net Income 2018: $1,256,2852018Revenue 2019: $4,279,272Expenses 2019: $2,928,811Net Income 2019: $1,350,4612019Revenue 2020: $4,491,815Expenses 2020: $3,173,907Net Income 2020: $1,317,9082020Revenue 2021: $4,678,755Expenses 2021: $3,194,896Net Income 2021: $1,483,8592021Revenue 2022: $4,458,898Expenses 2022: $3,403,279Net Income 2022: $1,055,6192022Revenue 2023: $528,714Expenses 2023: $726,488Net Income 2023: -$197,7742023Revenue 2024: $612,018Expenses 2024: $805,068Net Income 2024: -$193,0502024

Highlighted filing

2017

Revenue$3,537,290
Expenses$2,234,704
Net Income$1,302,586
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$3,537,290
Mission and Program Overview

Mission

The organization's mission is to provide housing for low & moderate income individuals & families, where no adequate housing exists for such groups. See Schedule O.

The organization's mission is to provide housing for low and moderate-income individuals and families, where no adequate housing exists for such groups.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$9,539,861-
Land, Buildings, and Equipment, Net$1,943,585$1,711,225▼ $232,360
Prepaid Expenses and Deferred Charges$7,472$393,430▲ $385,958
Accounts Receivable$2,782$9,290▲ $6,508
Cash and Non-Interest-Bearing Accounts$8,620,923$300▼ $8,620,623
Total Assets$10,767,806$11,862,454▲ $1,094,648
Other Assets Total$193,044$208,348▲ $15,304
Liabilities
Other Liabilities$806,388$561,820▼ $244,568
Accounts Payable and Accrued Expenses$207,023$281,059▲ $74,036
Deferred Revenue$4,328$4,565▲ $237
Total Liabilities$1,017,739$847,444▼ $170,295
Net Assets / Fund Balance
Unrestricted Net Assets$9,750,067$11,015,010▲ $1,264,943
Total Net Assets Fund Balance$9,750,067$11,015,010▲ $1,264,943
Total Liabilities and Net Assets / Fund Balance$10,767,806$11,862,454▲ $1,094,648

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$544,072$13,687,767$14,231,839
Leasehold Improvements$1,054,133$430,718$1,484,851
Equipment$2,640$183,231$185,871
Land$110,380-$110,380
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debbie McintyreVice PresidentPT$117,007$25,462$142,469
Kenneth ColePresident-$15,320$115,404$130,724
Barbara LeffTreasurer-$2,090$91,300$93,390
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,449,337
Investment Income
$87,953
Other Revenue
$0
Change in Net Assets
$1,302,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,138,769
Other Expenses$1,095,935
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$327,895$293,195-$621,090
Occupancy$407,860$42,214-$450,074
Depreciation Depletion$242,359--$242,359
Other Employee Benefits$205,806$33,023-$238,829
Fees for Services Management-$204,307-$204,307
Current Officers, Directors, Trustees, and Key Employees-$170,849-$170,849
Fees for Services Other$87,403$8,596-$95,999
Office Expenses$19,733$50,047-$69,780
Payroll Taxes$25,887$31,406-$57,293
Pension Plan Contributions$32,464$18,244-$50,708
Insurance$13,962--$13,962
Information Technology$7,574--$7,574
Travel$4,408$1,437-$5,845
Fees for Services Accounting$3,458$1,075-$4,533
Fees for Services Legal-$1,465-$1,465
Advertising$37--$37
Total Functional Expenses$1,378,846$855,858$0$2,234,704
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
Contingent Liabilites$379,095
Tenant Security Deposits$182,725
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Most of the management activities are performed by the housing authority of the county of san mateo, a related organization.

Form 990, Part VI, Section A, line 8B

THERE WERE NO COMMITTEES

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

The form 990 is reviewed by the treasurer before filing with the internal revenue service.

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

All trustees, directors, officers and key employees must annually sign a statement that they have received and reviewed the policy, and that no conflicts exist.

Form 990, Part VI, Section C, line 19

The organization's governing documents, policies and financial statements are made available upon request.

Filing and Contact Details

Filer

Filer Name
Samchai
EIN
45-0650160
Phone
6508023300
Address
264 HARBOR BLVD No BLDG A, BELMONT, CA 94002

Signing Officer

Name
Barbara Leff
Title
Treasurer
Phone
6508023300
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Leff
Formed
2011
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Rubino & Company Chartered
Address
6903 ROCKLEDGE DRIVE SUITE 1200, BETHESDA, MD 20817-1818
Preparer
PATRICIA A O'MALLEY CPA
Phone
3015643636
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IRS990ScheduleD/LandGrp/BookValueAmt0110380
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0110380
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01054133
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0430718
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01484851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0379095
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1182725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Contingent Liabilites
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Tenant Security Deposits
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01711225
IRS990ScheduleD/TotalLiabilityAmt0561820
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0117007
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt023407
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt016654
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt03332
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08808
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt01762
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DEBBIE MCINTYRE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0VICE PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0142469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt028501
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE HOUSING AUTHORITY OF THE COUNTY OF SAN MATEO, A RELATED ORGANIZATION; DETERMINES THE OFFICER'S SALARY THROUGH THE USE OF A COMPENSATION STUDY, AND APPROVAL BY THE BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MOST OF THE MANAGEMENT ACTIVITIES ARE PERFORMED BY THE HOUSING AUTHORITY OF THE COUNTY OF SAN MATEO, A RELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY THE TREASURER BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL TRUSTEES, DIRECTORS, OFFICERS AND KEY EMPLOYEES MUST ANNUALLY SIGN A STATEMENT THAT THEY HAVE RECEIVED AND REVIEWED THE POLICY, AND THAT NO CONFLICTS EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING AUTHORITY OF THE COUNTY OF SAN MATEO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0946000761
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUBSIDIZED HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0264 HARBOR BOULEVARD BUILDING A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BELMONT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd094002
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt01043696
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOUSING AUTHORITY OF COUNTY OF SAN MATEO
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt010767806
IRS990/TotalAssetsEOYAmt011862454
IRS990/TotalAssetsGrp/BOYAmt010767806
IRS990/TotalAssetsGrp/EOYAmt011862454
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0855858
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01378846
IRS990/TotalFunctionalExpensesGrp/TotalAmt02234704
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01017739
IRS990/TotalLiabilitiesEOYAmt0847444
IRS990/TotalLiabilitiesGrp/BOYAmt01017739
IRS990/TotalLiabilitiesGrp/EOYAmt0847444
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt09750067
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt011015010
IRS990/TotalOtherCompensationAmt093331
IRS990/TotalProgramServiceExpensesAmt01378846
IRS990/TotalProgramServiceRevenueAmt03449337
IRS990/TotalReportableCompFromOrgAmt0134417
IRS990/TotalRevenueGrp/ExclusionAmt087953
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03449337
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03537290
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010767806
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt011862454
IRS990/TotReportableCompRltdOrgAmt0167336
IRS990/TravelGrp/ManagementAndGeneralAmt01437
IRS990/TravelGrp/ProgramServicesAmt04408
IRS990/TravelGrp/TotalAmt05845
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09750067
IRS990/UnrestrictedNetAssetsGrp/EOYAmt011015010
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0264 HARBOR BLVD No BLDG A
IRS990/USAddress/CityNm0BELMONT
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094002
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

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