Liabilities / Assets
56th percentile
Tied with the lowest-debt nonprofits in its peer group.
Affordable Housing and Economic Development Foundation
990EZ • Fiscal year 2016 • EIN 47-5018774
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
55th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
100th percentile
Faster asset growth than 100% of similar nonprofits.
Revenue Growth
100th percentile
Faster revenue growth than 100% of similar nonprofits.
Balance Sheet
Assets
Up$121,420
Up $121,419 (+12141900%) from 2015
Net Assets
Up$121,420
Up $121,420 from 2015
Liabilities
Flat$0
Flat from 2015
Revenue And Expenses
Revenue
Up$127,000
Up $125,918 (+11638%) from 2015
Expenses
Up$5,580
Up $4,498 (+416%) from 2015
Net Income
Up$121,420
Up $121,420 from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Aug 4, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $127,000
Mission and Program Overview
Mission
The organization is incorporated to support the preservation, rehabilitation and development of, and access to, affordable housing, and to support economic opportunities for lower-income families.
The organization is incorporated to support the preservation, rehabilitation and development of, and access to, affordable housing, and to support economic opportunities for lower-income families. The organization shall function primarily as a funding organization that secures affordable housing and economic opportunity grants, loans or other funding from governmental agencies, lenders, public and private companies and charitable organizations, and thereafter partnering with affordable housing developers and service providers to promote, preserve and provide affordable housing and economic opportunities to residents in need.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ORGANIZATION MATERIALLY PARTICIPATED IN THE DEVELOPMENT AND OPERATION OF THE 30-UNIT RICE CAMP II AFFORDABLE HOUSING PROJECT LOCATED IN LIHUE, KAUAI AND RESTRICTED FOR RENTAL TO SENIORS EARNING 60% OR LESS OF THE AREA MEDIAN INCOME. THE RICE CAMP II PROJECT WAS FINANCED IN PART USING LOW INCOME HOUSING TAX CREDITS ADMINISTERED BY THE STATE OF HAWAII. THE ORGANIZATION ALSO WORKED TO BUILD FURTHER CAPACITY AS AN AFFORDABLE HOUSING NONPROFIT BY SUBMITTING APPLICATIONS FOR FINANCING UNDER THE LOW-INCOME HOUSING TAX CREDIT PROGRAM ADMINISTERED BY THE STATE OF HAWAII AND THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM ADMINISTERED BY THE CITY AND COUNTY OF HONOLULU IN AN EFFORT TO FINANCE THE ACQUISITION AND DEVELOPMENT OF TWO ADDITIONAL AFFORDABLE RENTAL PROJECTS IN THE CITY AND COUNTY OF HONOLULU, HAWAII. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SCOTT W SETTLE | President/Director | PT | $0 | - | - |
| PAUL MARX | Treasurer/Director | - | $0 | - | - |
| DAVID FASI | Vice President/Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Affordable Housing and Economic
- EIN
- 47-5018774
- Phone
- 8085402400
- Address
- 900 FORT STREET MALL NO 1818, HONOLULU, HI 96813
Signing Officer
- Name
- Paul Marx
- Title
- CEO
- Phone
- 8085402400
- Signed
- 2017-08-04
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Schlissel & Associates LLC
- Address
- 1164 BISHOP STREET - STE 1612, HONOLULU, HI 96813
- Preparer
- Alan M Schlissel
- Phone
- 8087327232
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: supplies. Amount: 38.”
Raw XML Appendix133 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TRISHA MAXWELL |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8085402400 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 900 FORT STREET MALL - STE 1800 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HONOLULU |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | HI |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 96813 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 121420 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 2000 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 121420 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1885 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 121420 |
| IRS990EZ/GrossReceiptsAmt | 0 | 127000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 121420 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 121420 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | SCOTT W SETTLE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | PAUL MARX |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | DAVID FASI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT/DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER/DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT/DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 38 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ORGANIZATION IS INCORPORATED TO SUPPORT THE PRESERVATION, REHABILITATION AND DEVELOPMENT OF, AND ACCESS TO, AFFORDABLE HOUSING, AND TO SUPPORT ECONOMIC OPPORTUNITIES FOR LOWER-INCOME FAMILIES. THE ORGANIZATION SHALL FUNCTION PRIMARILY AS A FUNDING ORGANIZATION THAT SECURES AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITY GRANTS, LOANS OR OTHER FUNDING FROM GOVERNMENTAL AGENCIES, LENDERS, PUBLIC AND PRIVATE COMPANIES AND CHARITABLE ORGANIZATIONS, AND THEREAFTER PARTNERING WITH AFFORDABLE HOUSING DEVELOPERS AND SERVICE PROVIDERS TO PROMOTE, PRESERVE AND PROVIDE AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITIES TO RESIDENTS IN NEED. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 125000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ORGANIZATION MATERIALLY PARTICIPATED IN THE DEVELOPMENT AND OPERATION OF THE 30-UNIT RICE CAMP II AFFORDABLE HOUSING PROJECT LOCATED IN LIHUE, KAUAI AND RESTRICTED FOR RENTAL TO SENIORS EARNING 60% OR LESS OF THE AREA MEDIAN INCOME. THE RICE CAMP II PROJECT WAS FINANCED IN PART USING LOW INCOME HOUSING TAX CREDITS ADMINISTERED BY THE STATE OF HAWAII. THE ORGANIZATION ALSO WORKED TO BUILD FURTHER CAPACITY AS AN AFFORDABLE HOUSING NONPROFIT BY SUBMITTING APPLICATIONS FOR FINANCING UNDER THE LOW-INCOME HOUSING TAX CREDIT PROGRAM ADMINISTERED BY THE STATE OF HAWAII AND THE COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM ADMINISTERED BY THE CITY AND COUNTY OF HONOLULU IN AN EFFORT TO FINANCE THE ACQUISITION AND DEVELOPMENT OF TWO ADDITIONAL AFFORDABLE RENTAL PROJECTS IN THE CITY AND COUNTY OF HONOLULU, HAWAII. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 3657 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 5580 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 127000 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1082 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3082 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 124 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 2958 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1082 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3082 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3082 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: SUPPLIES. AMOUNT: 38. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PAUL MARX |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CEO |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8085402400 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-08-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | AFFORDABLE HOUSING AND ECONOMIC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | DEVELOPMENT FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | AFFO |
| ReturnHeader/Filer/EIN | 0 | 475018774 |
| ReturnHeader/Filer/PhoneNum | 0 | 8085402400 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 900 FORT STREET MALL NO 1818 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HONOLULU |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | HI |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 96813 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 439E52BEAE0FEAC8EBC205A10700D498028EBD15 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 439E52BEAE0FEAC8EBC205A10700D498028EBD15 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 199.68.252.190 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-08-04 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | HS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 18:39:48 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 273670123 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCHLISSEL & ASSOCIATES LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1164 BISHOP STREET - STE 1612 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | HONOLULU |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | HI |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 96813 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8087327232 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ALAN M SCHLISSEL |
| ReturnHeader/ReturnTs | 0 | 2017-08-04T23:40:13-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $121,420
- Liabilities
- $0
- Net assets
- $121,420
- Revenue
- $127,000
- Expenses
- $5,580
- Net income
- $121,420