Civic Intelligence

Everglades Housing Trust Inc

EIN 65-0959425 • 501(c)3 • Florida City, FL

Profile

To provide low income housing to migrant farm workers and low to moderate income individuals.

P O Box 343529Florida City, FL 33034

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

15.08x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

5th percentile

-55%

Higher net margin than 5% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

61st percentile

9.0%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

84th percentile

38%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Assets

Up

$49,722,878

Up $7,846,219 (+19%) from 2022

Liabilities

Up

$50,026,256

Up $10,729,388 (+27%) from 2022

Net Assets

Down

-$303,378

Down $2,883,169 (-112%) from 2022

Revenue

Up

$3,316,486

Up $1,574,899 (+90%) from 2022

Expenses

Up

$5,156,544

Up $3,693,234 (+252%) from 2022

Net Income

Down

-$1,840,058

Down $2,118,335 (-761%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0-$20MAssets 2011: $1Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $0Liabilities 2012: $0Net Assets 2012: $02012Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $1Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $362,917Liabilities 2015: $369,413Net Assets 2015: -$6,4962015Assets 2016: $2,561,605Liabilities 2016: $2,415,658Net Assets 2016: $145,9472016Assets 2017: $4,676,638Liabilities 2017: $4,561,566Net Assets 2017: $115,0722017Assets 2018: $5,700,134Liabilities 2018: $5,054,137Net Assets 2018: $645,9972018Assets 2019: $14,511,130Liabilities 2019: $13,827,568Net Assets 2019: $683,5622019Assets 2020: $19,363,781Liabilities 2020: $17,417,096Net Assets 2020: $1,946,6852020Assets 2021: $27,515,844Liabilities 2021: $25,032,533Net Assets 2021: $2,483,3112021Assets 2022: $41,876,659Liabilities 2022: $39,296,868Net Assets 2022: $2,579,7912022Assets 2024: $49,722,878Liabilities 2024: $50,026,256Net Assets 2024: -$303,3782024

Highlighted filing

2024

Assets$49,722,878
Liabilities$50,026,256
Net Assets-$303,378

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $6,496Net Income 2015: -$6,4962015Revenue 2016: $196,018Expenses 2016: $117,911Net Income 2016: $78,1072016Revenue 2017: $591,431Expenses 2017: $547,969Net Income 2017: $43,4622017Revenue 2018: $900,176Expenses 2018: $652,535Net Income 2018: $247,6412018Revenue 2019: $1,351,051Expenses 2019: $1,313,486Net Income 2019: $37,5652019Revenue 2020: $1,774,755Expenses 2020: $1,751,407Net Income 2020: $23,3482020Revenue 2021: $1,887,234Expenses 2021: $1,482,112Net Income 2021: $405,1222021Revenue 2022: $1,741,587Expenses 2022: $1,463,310Net Income 2022: $278,2772022Revenue 2024: $3,316,486Expenses 2024: $5,156,544Net Income 2024: -$1,840,0582024

Highlighted filing

2024

Revenue$3,316,486
Expenses$5,156,544
Net Income-$1,840,058

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 5, 2025
Return Version
2024v5.0
Gross Receipts
$3,316,486
Mission and Program Overview

Mission

To provide low income housing to migrant farm workers and low to moderate income individuals.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$42,105,542$42,696,657▲ $591,115
Loans From Officers Directors$22,182,725$24,756,851▲ $2,574,126
Cash and Non-Interest-Bearing Accounts$967,661$900,941▼ $66,720
Intangible Assets$506,898$573,783▲ $66,885
Prepaid Expenses and Deferred Charges$211,501$320,040▲ $108,539
Accounts Receivable$525,813$179,583▼ $346,230
Total Assets$54,502,953$49,722,878▼ $4,780,075
Other Assets Total$10,185,538$5,051,874▼ $5,133,664
Liabilities
Mortgage Notes Payable Secured by Investment Property$18,788,308$18,694,280▼ $94,028
Other Liabilities$10,041,267$6,107,691▼ $3,933,576
Accounts Payable and Accrued Expenses$1,564,177$467,434▼ $1,096,743
Total Liabilities$52,576,477$50,026,256▼ $2,550,221
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,926,476$-303,378▼ $2,229,854
Total Net Assets Fund Balance$1,926,476$-303,378▼ $2,229,854
Total Liabilities and Net Assets / Fund Balance$54,502,953$49,722,878▼ $4,780,075

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,145,555$1,679,768-
Other Land Buildings$11,464,734$1,488,556-
Land$8,396,768--
Leasehold Improvements$689,600$62,691-
Other Assets Org$25,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Al TownselChair
Steven KirkPresident
Peter McdougalVice Chair
Susan Rubio RiveraVice Chair
Arturo LopezDirector
Carlos SalgadaDirector
Katrina WrightDirector
Pinita AlegreDirector
Diana GonzalesSecreatry
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,298,185
Investment Income
$18,301
Other Revenue
$0
Change in Net Assets
$-1,840,058
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,884,876
Salaries, Compensation, and Employee Benefits$271,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$2,454,551--$2,454,551
Insurance$660,053--$660,053
All Other Expenses$659,013--$659,013
Occupancy$285,341--$285,341
Other Salaries and Wages$209,555--$209,555
Fees for Services Management$151,816--$151,816
Other Expenses$122,255--$122,255
Fees for Services Accounting$65,450--$65,450
Other Employee Benefits$34,981--$34,981
Office Expenses$33,617--$33,617
Pension Plan Contributions$13,927--$13,927
Payroll Taxes$13,205--$13,205
Fees for Services Legal$4,920--$4,920
Advertising$55--$55
Total Functional Expenses$5,156,544$0$0$5,156,544
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
Loans from Officers, Directors, Trustees, and Key Employees$22,182,725$24,756,851▲ $2,574,126
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable Construction Rni$2,686,836
Note Payable Eht - Intercompany$1,686,144
Deferred Developer Fee$1,099,203
Prepaid Rents$300,068
Accrued Interest Expense$263,129
Accrued Audit Fee$46,750
Accrued Investor Fee$21,847
Accrued Expenses$3,714
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
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, Page 6, Part VI, Line 11B

The tax return is given to the audit committee prior to filing for approval.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest form is updated at the annual meeting every year.

Form 990, Page 6, Part VI, Line 15A

There is no compensation given by this corporation so there is no review needed.

Form 990, Page 6, Part VI, Line 15B

No employees in this corporation so no need for review of compensation.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon written request.

Filing and Contact Details

Filer

Filer Name
Everglades Housing Trust Inc
EIN
65-0959425
Phone
3052422142
Address
P O BOX 343529, FLORIDA CITY, FL 33034

Signing Officer

Name
Steven Kirk
Title
President
Phone
3052422142
Signed
2025-08-05

Organization Details

Principal Officer
Steven Kirk
Formed
1999
Legal Domicile
Fl
Voting Board Members
10
Independent Board Members
10
Employees
0

Preparer

Firm
Everglades Housing Group
Address
19308 SW 380 STREET, FLORIDA CITY, FL 33034-7000
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To construct, manage and provide low income housing to migrant farm workers and low income individuals in the state of florida

Form 990, Part IX, Line 11G

Travel 7,723 0 0 other admin expense 137,281 0 0 compliance and monitoring 54,116 0 0 propety tax 104,494 0 0 license and permits 5,660 0 0 debt service 441,684 0 0 interest expense 202,619 0 0 maintenance 372,094 0 0 capital 4,365 0 0 construction - non operating 1,124,515 0 0 total 2,454,551 0 0

Form 990, Part IX, Line 24E

Cja furniture and fixtures 110,269 0 0 trsp/om building improvements 82,370 0 0 shcii building 79,401 0 0 cae land improvement 64,064 0 0 shci land improvements 50,153 0 0 abpk building 43,504 0 0 trsp/om buildings 30,232 0 0 shci furniture & fixtures 28,682 0 0 shcii land improvements 27,376 0 0 cae furniture and fixture 26,361 0 0 cja land improvements 20,350 0 0 trsp/om land improvements colla 19,725 0 0 shcii furniture & fixture 17,845 0 0 abpk land improvements 13,085 0 0 twh building improvements 9,827 0 0 abpk furniture & fixture 7,165 0 0 trsp/om land improvements cc gr 4,230 0 0 twh building improvement 3,929 0 0 twh building imporvement 2,903 0 0 twh elevator 2,547 0 0 twh elevator repairs 2,440 0 0 twh lift station 2,187 0 0 trsp fence install- repair trsp 1,125 0 0 trsp court yard - sports 1,022 0 0 trsp ac units 2755, 2482 967 0 0 trsp ac unit 2480 907 0 0 twh rust repair building improv 850 0 0 trsp ac unit 2471 515 0 0 trsp ac unit 2433 484 0 0 trsp ac unit 2442 483 0 0 trsp ac unit 2731 483 0 0 trsp ac unit 2738 483 0 0 trsp ac 2756 403 0 0 trsp ac unit 08-2426 386 0 0 trsp building improvement ac un 385 0 0 trsp ac unit 02-2457 300 0 0 trsp/om golf cart 286 0 0 trsp ac 2741 282 0 0 trsp ac 2715 242 0 0 trsp ac 2740 201 0 0 trsp ac 2747 201 0 0 trsp ac 2466 161 0 0 trsp ac 2758 121 0 0 trsp ac 2743 81 0 0 total 659,013 0 0

Form 990, Part XI, Line 9

To adjust for llc earnings now in re 0

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IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO CONSTRUCT, MANAGE AND PROVIDE LOW INCOME HOUSING TO MIGRANT FARM WORKERS AND LOW INCOME INDIVIDUALS IN THE STATE OF FLORIDA
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PARC EAST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RHOC
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3INSURANCE AND TAX ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4CASA AMIGOS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5PARC WEST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6PWC MEWS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc8TENANT ESCROW ACCOUNT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc9PARC POINTE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc10DEER CREEK
IRS990ScheduleD/OtherAssetsOrgGrp/Desc11MONROE GENERAL
IRS990ScheduleD/OtherAssetsOrgGrp/Desc12TAX CREDIT FEES/LOAN COST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc13REQUIRED REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc14DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc15INVESTMENTS LLC'S
IRS990ScheduleD/OtherAssetsOrgGrp/Desc16DEBT SERVICES
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE CONSTRUCTION RNI
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE EHT - INTERCOMPANY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED DEVELOPER FEE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PREPAID RENTS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6ACCRUED INVESTOR FEE
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt8500000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt9420986

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