Civic Intelligence

San Antonio Alternative Housing Corp #17

EIN 73-1628083 • 501(c)3 • San Antonio, TX

Profile

TO PROVIDE HOUSING THAT

1215 S Trinity StSan Antonio, TX 78207-6143

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

1.56x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

7.83x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-43%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

75th percentile

16%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

15th percentile

-20%

Faster revenue growth than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,773,353

Up $244,352 (+16%) from 2023

Liabilities

Up

$2,767,606

Up $465,092 (+20%) from 2023

Net Assets

Down

-$994,253

Down $220,740 (-29%) from 2023

Revenue

Down

$353,495

Down $88,724 (-20%) from 2023

Expenses

Up

$504,817

Up $54,554 (+12%) from 2023

Net Income

Down

-$151,322

Down $143,278 (-1781%) from 2023

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,415,776Liabilities 2011: $2,519,209Net Assets 2011: -$103,4332011Assets 2012: $2,334,152Liabilities 2012: $2,502,423Net Assets 2012: -$168,2712012Assets 2013: $2,292,695Liabilities 2013: $2,492,719Net Assets 2013: -$200,0242013Assets 2014: $2,198,620Liabilities 2014: $2,478,966Net Assets 2014: -$280,3462014Assets 2015: $2,141,742Liabilities 2015: $2,473,131Net Assets 2015: -$331,3892015Assets 2016: $2,074,726Liabilities 2016: $2,451,987Net Assets 2016: -$377,2612016Assets 2017: $2,018,961Liabilities 2017: $2,307,981Net Assets 2017: -$289,0202017Assets 2018: $1,968,894Liabilities 2018: $2,317,824Net Assets 2018: -$348,9302018Assets 2019: $1,848,342Liabilities 2019: $2,335,277Net Assets 2019: -$486,9352019Assets 2020: $1,818,545Liabilities 2020: $2,341,064Net Assets 2020: -$522,5192020Assets 2021: $1,695,857Liabilities 2021: $2,355,558Net Assets 2021: -$659,7012021Assets 2022: $1,576,823Liabilities 2022: $2,315,365Net Assets 2022: -$738,5422022Assets 2023: $1,529,001Liabilities 2023: $2,302,514Net Assets 2023: -$773,5132023Assets 2024: $1,773,353Liabilities 2024: $2,767,606Net Assets 2024: -$994,2532024

Highlighted filing

2024

Assets$1,773,353
Liabilities$2,767,606
Net Assets-$994,253

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $278,295Expenses 2011: $295,062Net Income 2011: -$16,7672011Revenue 2012: $289,513Expenses 2012: $301,738Net Income 2012: -$12,2252012Revenue 2013: $324,840Expenses 2013: $314,305Net Income 2013: $10,5352013Revenue 2014: $335,408Expenses 2014: $358,161Net Income 2014: -$22,7532014Revenue 2015: $331,757Expenses 2015: $337,194Net Income 2015: -$5,4372015Revenue 2016: $354,229Expenses 2016: $370,812Net Income 2016: -$16,5832016Revenue 2017: $487,116Expenses 2017: $324,901Net Income 2017: $162,2152017Revenue 2018: $381,171Expenses 2018: $309,218Net Income 2018: $71,9532018Revenue 2019: $412,455Expenses 2019: $494,641Net Income 2019: -$82,1862019Revenue 2020: $356,637Expenses 2020: $413,509Net Income 2020: -$56,8722020Revenue 2021: $416,124Expenses 2021: $467,430Net Income 2021: -$51,3062021Revenue 2022: $417,943Expenses 2022: $471,964Net Income 2022: -$54,0212022Revenue 2023: $442,219Expenses 2023: $450,263Net Income 2023: -$8,0442023Revenue 2024: $353,495Expenses 2024: $504,817Net Income 2024: -$151,3222024

Highlighted filing

2024

Revenue$353,495
Expenses$504,817
Net Income-$151,322

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$2.77$0.99$0.35$0.50$0.15
2023Summary only. Only limited summary data is available for this year.$1.53$2.30$0.77$0.44$0.45$0.01
2022Summary only. Only limited summary data is available for this year.$1.58$2.32$0.74$0.42$0.47$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$2.36$0.66$0.42$0.47$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$2.34$0.52$0.36$0.41$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.85$2.34$0.49$0.41$0.49$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$2.32$0.35$0.38$0.31$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$2.31$0.29$0.49$0.32$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$2.45$0.38$0.35$0.37$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$2.47$0.33$0.33$0.34$0.01
2014Summary only. Only limited summary data is available for this year.$2.20$2.48$0.28$0.34$0.36$0.02
2013Detailed filing. Detailed filing data is available for this year.$2.29$2.49$0.20$0.32$0.31$0.01
2012Summary only. Only limited summary data is available for this year.$2.33$2.50$0.17$0.29$0.30$0.01
2011Summary only. Only limited summary data is available for this year.$2.42$2.52$0.10$0.28$0.30$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$353,495
Mission and Program Overview

Mission

TO PROVIDE HOUSING THAT

To provide housing that is affordable to low-income and moderate-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,357,486$1,614,543▲ $257,057
Savings and Temporary Cash Investments$129,385$121,374▼ $8,011
Prepaid Expenses and Deferred Charges$12,855$17,395▲ $4,540
Accounts Receivable$22,258$10,389▼ $11,869
Cash and Non-Interest-Bearing Accounts$7,017$9,652▲ $2,635
Total Assets$1,529,001$1,773,353▲ $244,352
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,103,105$2,099,230▼ $3,875
Other Liabilities$187,025$652,865▲ $465,840
Accounts Payable and Accrued Expenses$12,384$15,511▲ $3,127
Total Liabilities$2,302,514$2,767,606▲ $465,092
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-773,513$-994,253▼ $220,740
Total Net Assets Fund Balance$-773,513$-994,253▼ $220,740
Total Liabilities and Net Assets / Fund Balance$1,529,001$1,773,353▲ $244,352

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,484,543$1,398,846$2,883,389
Land$130,000-$130,000
Equipment$0$8,384$8,384
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rod RadleChairperson
Robert MorenoVice - Chairperson
Keith NewcombExecutive Director
Maria T FloresSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$352,625
Investment Income
$870
Other Revenue
$0
Change in Net Assets
$-151,322

Audited Revenue Reconciliation

Revenue per Audited Statements
$353,495
Total Revenue per Audited Statements
$353,495
Total Revenue per Form 990
$353,495
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$504,817
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$155,748$0$0$155,748
Occupancy$63,925$0$0$63,925
Insurance$61,919$0$0$61,919
Other Expenses$42,077$0$0$42,077
Advertising$8,723$0$0$8,723
Office Expenses$8,202$0$0$8,202
Fees for Services Accounting$3,318$0$0$3,318
All Other Expenses$2,749$0$0$2,749
Fees for Services Legal$2,071$0$0$2,071
Interest$1,402$0$0$1,402
Total Functional Expenses$504,817$0$0$504,817

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$504,817
Total Expenses per Audited Statements$504,817
Total Expenses per Form 990$504,817
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
Due to Saahc$630,388
Tenant security deposits$13,444
Prepaid rent$9,033
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
San Antonio Alternative Housing Corp #17
EIN
73-1628083
Phone
2102242349
Address
1215 S Trinity St, San Antonio, TX 78207-6143
Doing Business As
Gillette Apartments No17 Inc

Signing Officer

Name
Keith Newcomb
Title
Executive Director
Phone
2102242349
Signed
2025-07-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keith Newcomb
Formed
2001
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Gregory & Crutchfield LLC
Address
16500 San Pedro Ave 280, San Antonio, TX 78232
Preparer
Bill J Gregory CPA
Phone
2104956776
Supplemental Narrative

Additional Explanations

Other

Distribution to parent.

Pt VI, Line 11B

Form 990 is reviewed by Executive Director.

Pt VI, Line 15A

The compensation of the person is reviewed and approved

Pt VI, Line 15A

by the board of directos, provided that the person with

Pt VI, Line 15A

conflict of interest with respect to the compensation

Pt VI, Line 15A

are not involved. The compensation is reviewed using data

Pt VI, Line 15A

as to compensation for similar organizations.

Pt VI, Line 15B

There is contemporaneous documentation and recordkeeping

Pt VI, Line 15B

with respect to the deliberations and decisions regarding

Pt VI, Line 15B

the compensation agreement.

Pt VI, Line 19

Governing documents, conflict of interest policy and financial statements avaiable upon request.

Pt XI

Distribution to Parent non-profit corporation

Raw XML AppendixShowing 400 of 449 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.

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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0356468
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Distribution to parent.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990 is reviewed by Executive Director.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The compensation of the person is reviewed and approved
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3by the board of directos, provided that the person with
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4conflict of interest with respect to the compensation
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5are not involved. The compensation is reviewed using data
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6as to compensation for similar organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7There is contemporaneous documentation and recordkeeping
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8with respect to the deliberations and decisions regarding
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9the compensation agreement.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Governing documents, conflict of interest policy and financial statements avaiable upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Distribution to Parent non-profit corporation
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Pt VI, Line 15b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Pt XI
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IRS990ScheduleR/PaidEmployeesSharingInd0false
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