Civic Intelligence

Shelter Resources Inc.

990 • Fiscal year 2021 • EIN 58-2022068

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 12, 2022

PO Box 3305New Orleans, LA 70177

(504) 945-9455

Siviq Scores

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

Liabilities / Assets

60th percentile

0.13x

Higher debt load relative to assets than 60% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

72nd percentile

0.30x

Higher debt load relative to revenue than 72% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

90th percentile

60%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

58th percentile

$75,788

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 11.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

78th percentile

30%

Faster asset growth than 78% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

1572%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,555,233

Up $362,133 (+30%) from 2020

Net Assets

Up

$1,352,645

Up $399,501 (+42%) from 2020

Liabilities

Down

$202,588

Down $37,368 (-16%) from 2020

Revenue

Up

$665,364

Up $625,573 (+1572%) from 2020

Expenses

Down

$263,756

Down $231,746 (-47%) from 2020

Net Income

Up

$401,608

Up $857,319 (+188%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,268,612Liabilities 2011: $154,706Net Assets 2011: $2,113,9062011Assets 2012: $2,039,088Liabilities 2012: $49,859Net Assets 2012: $1,989,2292012Assets 2013: $1,993,795Liabilities 2013: $94,884Net Assets 2013: $1,898,9112013Assets 2014: $1,930,867Liabilities 2014: $28,543Net Assets 2014: $1,902,3242014Assets 2015: $1,873,926Liabilities 2015: $40,826Net Assets 2015: $1,833,1002015Assets 2016: $2,108,909Liabilities 2016: $49,118Net Assets 2016: $2,059,7912016Assets 2017: $2,050,399Liabilities 2017: $58,977Net Assets 2017: $1,991,4222017Assets 2018: $1,803,905Liabilities 2018: $61,062Net Assets 2018: $1,742,8432018Assets 2019: $1,442,798Liabilities 2019: $33,940Net Assets 2019: $1,408,8582019Assets 2020: $1,193,100Liabilities 2020: $239,956Net Assets 2020: $953,1442020Assets 2021: $1,555,233Liabilities 2021: $202,588Net Assets 2021: $1,352,6452021Assets 2022: $1,487,266Liabilities 2022: $3,100Net Assets 2022: $1,484,1662022Assets 2023: $1,901,285Liabilities 2023: $2,023Net Assets 2023: $1,899,2622023Assets 2024: $1,859,930Liabilities 2024: $4,999Net Assets 2024: $1,854,9312024

Highlighted filing

2021

Assets$1,555,233
Liabilities$202,588
Net Assets$1,352,645

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $1,106,741Expenses 2011: $1,049,487Net Income 2011: $57,2542011Revenue 2012: $903,620Expenses 2012: $1,028,297Net Income 2012: -$124,6772012Revenue 2013: $971,617Expenses 2013: $1,061,935Net Income 2013: -$90,3182013Revenue 2014: $1,266,767Expenses 2014: $1,263,354Net Income 2014: $3,4132014Revenue 2015: $1,109,109Expenses 2015: $1,178,333Net Income 2015: -$69,2242015Revenue 2016: $1,409,379Expenses 2016: $1,182,688Net Income 2016: $226,6912016Revenue 2017: $1,092,475Expenses 2017: $1,160,844Net Income 2017: -$68,3692017Revenue 2018: $1,029,111Expenses 2018: $1,277,690Net Income 2018: -$248,5792018Revenue 2019: $696,118Expenses 2019: $1,030,103Net Income 2019: -$333,9852019Revenue 2020: $39,791Expenses 2020: $495,502Net Income 2020: -$455,7112020Revenue 2021: $665,364Expenses 2021: $263,756Net Income 2021: $401,6082021Revenue 2022: $263,469Expenses 2022: $131,948Net Income 2022: $131,5212022Revenue 2023: $34,255Expenses 2023: $120,243Net Income 2023: -$85,9882023Revenue 2024: $80,584Expenses 2024: $124,915Net Income 2024: -$44,3312024

Highlighted filing

2021

Revenue$665,364
Expenses$263,756
Net Income$401,608
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 12, 2022
Return Version
2021v4.1
Gross Receipts
$763,756
Mission and Program Overview

Mission

Previously a community-based housing program for individuals living with hiv, shelter resources, inc. Shall provide affordable housing for seniors that is consistent with the principles of diversity, respect and dignity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$827,178$676,658▼ $150,520
Cash and Non-Interest-Bearing Accounts$106,192$122,080▲ $15,888
Prepaid Expenses and Deferred Charges$2,008$590▼ $1,418
Pledges and Grants Receivable$0--
Total Assets$1,193,100$1,555,233▲ $362,133
Other Assets Total$257,722$755,905▲ $498,183
Liabilities
Unsecured Notes Loans Payable$203,200$149,900▼ $53,300
Accounts Payable and Accrued Expenses$36,756$52,688▲ $15,932
Total Liabilities$239,956$202,588▼ $37,368
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$940,970$1,340,471▲ $399,501
Net Assets With Donor Restrictions$12,174$12,174→ $0
Total Net Assets Fund Balance$953,144$1,352,645▲ $399,501
Total Liabilities and Net Assets / Fund Balance$1,193,100$1,555,233▲ $362,133

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$598,250$979,244$1,577,494
Buildings$24,539$137,556$162,095
Equipment$30,669$37,105$67,774
Land$23,200-$23,200
Other Assets Org$750,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William BedwellExective DirectorFT$75,788$75,788

Board Members and Trustees

NameTitle
David MeslerPresident
Katy CarawayBoard Member
Kelly MackenrothBoard Member
Markalain Dery MdBoard Member
Rodney CulottaBoard Member
Stephanie MurrayBoard Member
Vicki WeeksBoard Member
Wayne ChamblessBoard Member
Zane BrouilletteBoard Member
Edwin ChapmanSecretary
Christian Rountree ChapmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,747
Program Service Revenue
$0
Investment Income
$551,612
Other Revenue
$104,005
All Other Contributions
$9,247
Change in Net Assets
$401,608
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$144,773
Salaries, Compensation, and Employee Benefits$118,983
Total Fundraising Expense$7,226
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$55,977$32,875$0$88,852
Current Officers, Directors, Trustees, and Key Employees$46,371$27,234$0$73,605
Other Salaries and Wages$16,147$9,483$0$25,630
All Other Expenses$6,463$8,061$0$14,524
Insurance$8,332$4,893$0$13,225
Other Employee Benefits$7,339$4,310$0$11,649
Fees for Services Accounting$0$9,442$0$9,442
Payroll Taxes$5,290$2,809$0$8,099
Interest$0$4,742$0$4,742
Other Expenses$2,945$488$0$3,433
Office Expenses$2,149$767$0$2,916
Conferences and Meetings$0$208$0$208
Total Functional Expenses$151,013$105,517$7,226$263,756
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
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
Filing and Contact Details

Filer

Filer Name
Shelter Resources Inc
EIN
58-2022068
Phone
5049459455
Address
PO BOX 3305, NEW ORLEANS, LA 70177

Signing Officer

Name
William Bedwell
Title
Executive Director
Phone
5049459455
Signed
2022-04-12
Discuss with paid preparer
Yes

Organization Details

Formed
1992
Legal Domicile
La
Voting Board Members
12
Independent Board Members
12
Employees
2
Volunteers
0

Preparer

Firm
Carriere & Dunn Tax and Accounting Services
Address
2014 Saint Claude Avenue, New Orleans, LA 70116
Preparer
Leo D Dunn Jr
Phone
5049493095
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

Committees can not act on behalf of the governing body with out approval from all board of directors.

Pt VI, Line 11B

Form 990 apporved by management before forwarding to board of directors for their approval.

Pt VI, Line 15A

The board of directors approves the salary of the executive director upon adoption of the annual budget.

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IRS990/OtherEmployeeBenefitsGrp/TotalAmt011649
IRS990/OtherExpensesGrp/Desc0DEVELOPMENT FUNDRAISING
IRS990/OtherExpensesGrp/Desc1CHARITY CONTRIBUTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt07226
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1205
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2488
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt22945
IRS990/OtherExpensesGrp/TotalAmt07226
IRS990/OtherExpensesGrp/TotalAmt1205
IRS990/OtherExpensesGrp/TotalAmt23433
IRS990/OtherRevenueMiscGrp/BusinessCd0999999
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0103613
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0103613
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
IRS990/OtherRevenueTotalAmt0103613
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt09483
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016147
IRS990/OtherSalariesAndWagesGrp/TotalAmt025630
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02809
IRS990/PayrollTaxesGrp/ProgramServicesAmt05290
IRS990/PayrollTaxesGrp/TotalAmt08099
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02008
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0590
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0WILLIAM BEDWELL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07313
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09919
IRS990/PYOtherExpensesAmt0281286
IRS990/PYOtherRevenueAmt022559
IRS990/PYRevenuesLessExpensesAmt0-455711
IRS990/PYSalariesCompEmpBnftPaidAmt0214216
IRS990/PYTotalExpensesAmt0495502
IRS990/PYTotalRevenueAmt039791
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0401608
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0392
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt07141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0637811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0970562
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01044964
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02667791
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0396
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09919
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt010315
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt047743
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt042805
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt044490
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0135038
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94830
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.89760
IRS990ScheduleA/PublicSupportTotal170Amt02667791
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07141
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07313
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0637811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0970562
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01044964
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02667791
IRS990ScheduleA/TotalSupportAmt02813144
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt024539
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0137556
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0162095
IRS990ScheduleD/EquipmentGrp/BookValueAmt030669
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037105
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt067774
IRS990ScheduleD/LandGrp/BookValueAmt023200
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt023200
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0598250
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0979244
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01577494
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt05905
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1750000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FOUNDATION SEARCH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT ASSET
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0676658
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0755905
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMITTEES CAN NOT ACT ON BEHALF OF THE GOVERNING BODY WITH OUT APPROVAL FROM ALL BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 APPORVED BY MANAGEMENT BEFORE FORWARDING TO BOARD OF DIRECTORS FOR THEIR APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS APPROVES THE SALARY OF THE EXECUTIVE DIRECTOR UPON ADOPTION OF THE ANNUAL BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0LA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01193100
IRS990/TotalAssetsEOYAmt01555233
IRS990/TotalAssetsGrp/BOYAmt01193100
IRS990/TotalAssetsGrp/EOYAmt01555233
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt09747
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07226
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0105517
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151013
IRS990/TotalFunctionalExpensesGrp/TotalAmt0263756
IRS990/TotalGrossUBIAmt0551608
IRS990/TotalLiabilitiesBOYAmt0239956

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.00$1.85$0.08$0.12$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.00$1.90$0.03$0.12$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.49$0.00$1.48$0.26$0.13$0.13
2021Detailed filing. Detailed filing data is available for this year.$1.56$0.20$1.35$0.67$0.26$0.40
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.19$0.24$0.95$0.04$0.50$0.46
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.44$0.03$1.41$0.70$1.03$0.33
2018Summary only. Only limited summary data is available for this year.$1.80$0.06$1.74$1.03$1.28$0.25
2017Summary only. Only limited summary data is available for this year.$2.05$0.06$1.99$1.09$1.16$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$0.05$2.06$1.41$1.18$0.23
2015Summary only. Only limited summary data is available for this year.$1.87$0.04$1.83$1.11$1.18$0.07
2014Summary only. Only limited summary data is available for this year.$1.93$0.03$1.90$1.27$1.26$0.00
2013Summary only. Only limited summary data is available for this year.$1.99$0.09$1.90$0.97$1.06$0.09
2012Summary only. Only limited summary data is available for this year.$2.04$0.05$1.99$0.90$1.03$0.12
2011Summary only. Only limited summary data is available for this year.$2.27$0.15$2.11$1.11$1.05$0.06
Peer Organizations

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