Civic Intelligence

Project Support Housing II

EIN 73-1726937 • 501(c)3 • Idaho Springs, CO

Profile

To provide housing for very low income elderly residents in idaho springs, colorado. Fifteen apartments are rented to qualifying individuals and a sixteenth apartment is available for a resident/employee. The organization operates under a regulatory agreement with u.s. Department of hud that provides financial subsidies and restricts operations.

PO Box 282Idaho Springs, CO 80452

n/A

Siviq Scores

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

Liabilities / Assets

94th percentile

1.02x

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

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

Liabilities / Revenue

99th percentile

11.83x

Higher debt load relative to revenue than 99% of similar nonprofits.

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

Net Margin

6th percentile

-52%

Higher net margin than 6% 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

27th percentile

-3.9%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

49th percentile

6.4%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Down

$1,990,611

Down $80,865 (-3.9%) from 2023

Liabilities

Down

$2,023,445

Down $6,149 (-0.3%) from 2023

Net Assets

Down

-$32,834

Down $74,716 (-178%) from 2023

Revenue

Up

$171,053

Up $10,316 (+6.4%) from 2023

Expenses

Down

$259,487

Down $47,513 (-15%) from 2023

Net Income

Up

-$88,434

Up $57,829 (+40%) 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 2010: $2,999,017Liabilities 2010: $2,052,853Net Assets 2010: $946,1642010Assets 2011: $2,906,800Liabilities 2011: $2,039,550Net Assets 2011: $867,2502011Assets 2012: $2,831,984Liabilities 2012: $2,049,891Net Assets 2012: $782,0932012Assets 2013: $2,765,387Liabilities 2013: $2,073,551Net Assets 2013: $691,8362013Assets 2014: $2,677,863Liabilities 2014: $2,074,938Net Assets 2014: $602,9252014Assets 2015: $2,603,296Liabilities 2015: $2,055,130Net Assets 2015: $548,1662015Assets 2016: $2,539,778Liabilities 2016: $2,023,241Net Assets 2016: $516,5372016Assets 2017: $2,494,683Liabilities 2017: $2,017,507Net Assets 2017: $477,1762017Assets 2018: $2,436,506Liabilities 2018: $2,019,245Net Assets 2018: $417,2612018Assets 2019: $2,400,441Liabilities 2019: $2,022,527Net Assets 2019: $377,9142019Assets 2020: $2,334,635Liabilities 2020: $2,014,123Net Assets 2020: $320,5122020Assets 2021: $2,288,034Liabilities 2021: $2,015,800Net Assets 2021: $272,2342021Assets 2022: $2,205,787Liabilities 2022: $2,017,642Net Assets 2022: $188,1452022Assets 2023: $2,071,476Liabilities 2023: $2,029,594Net Assets 2023: $41,8822023Assets 2024: $1,990,611Liabilities 2024: $2,023,445Net Assets 2024: -$32,8342024

Highlighted filing

2024

Assets$1,990,611
Liabilities$2,023,445
Net Assets-$32,834

Operations Trend

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

$400K$200K$0-$200KRevenue 2010: $89,705Expenses 2010: $179,807Net Income 2010: -$90,1022010Expenses 2011: $166,8972011Expenses 2012: $171,3482012Revenue 2013: $115,454Expenses 2013: $205,711Net Income 2013: -$90,2572013Revenue 2014: $152,129Expenses 2014: $241,043Net Income 2014: -$88,9142014Revenue 2015: $154,754Expenses 2015: $209,513Net Income 2015: -$54,7592015Revenue 2016: $167,511Expenses 2016: $199,140Net Income 2016: -$31,6292016Revenue 2017: $154,537Expenses 2017: $193,900Net Income 2017: -$39,3632017Revenue 2018: $149,640Expenses 2018: $209,555Net Income 2018: -$59,9152018Revenue 2019: $168,857Expenses 2019: $208,204Net Income 2019: -$39,3472019Revenue 2020: $147,889Expenses 2020: $205,291Net Income 2020: -$57,4022020Revenue 2021: $142,761Expenses 2021: $191,039Net Income 2021: -$48,2782021Revenue 2022: $146,369Expenses 2022: $230,458Net Income 2022: -$84,0892022Revenue 2023: $160,737Expenses 2023: $307,000Net Income 2023: -$146,2632023Revenue 2024: $171,053Expenses 2024: $259,487Net Income 2024: -$88,4342024

Highlighted filing

2024

Revenue$171,053
Expenses$259,487
Net Income-$88,434

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.99$2.02$0.03$0.17$0.26$0.09
2023Detailed filing. Detailed filing data is available for this year.$2.07$2.03$0.04$0.16$0.31$0.15
2022Detailed filing. Detailed filing data is available for this year.$2.21$2.02$0.19$0.15$0.23$0.08
2021Detailed filing. Detailed filing data is available for this year.$2.29$2.02$0.27$0.14$0.19$0.05
2020Detailed filing. Detailed filing data is available for this year.$2.33$2.01$0.32$0.15$0.21$0.06
2019Detailed filing. Detailed filing data is available for this year.$2.40$2.02$0.38$0.17$0.21$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.44$2.02$0.42$0.15$0.21$0.06
2017Detailed filing. Detailed filing data is available for this year.$2.49$2.02$0.48$0.15$0.19$0.04
2016Detailed filing. Detailed filing data is available for this year.$2.54$2.02$0.52$0.17$0.20$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.60$2.06$0.55$0.15$0.21$0.05
2014Detailed filing. Detailed filing data is available for this year.$2.68$2.07$0.60$0.15$0.24$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.77$2.07$0.69$0.12$0.21$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.83$2.05$0.78$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$2.04$0.87$0.17
2010Summary only. Only limited summary data is available for this year.$3.00$2.05$0.95$0.09$0.18$0.09
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.0
Gross Receipts
$171,053
Mission and Program Overview

Mission

To provide housing for very low income elderly residents in Idaho Springs, Colorado. Fifteen apartments are rented to qualifying individuals and a16th is available for a resident/employee. The Organization operates under a regulatory agreement with US Dept. of HUD that provides financial subsidies and restricts operations.

Fifteen apartments are rented to very low income seniors. A sixteenth apartment is available for an on-site manager. The organization operated under a regulatory agreement with u.s. Department of hud.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,977,397$1,896,908▼ $80,489
Cash and Non-Interest-Bearing Accounts$3,158$7,631▲ $4,473
Prepaid Expenses and Deferred Charges$6,673--
Total Assets$2,071,476$1,990,611▼ $80,865
Other Assets Total$84,248$86,072▲ $1,824
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,010,132$2,010,132→ $0
Accounts Payable and Accrued Expenses$14,275$7,251▼ $7,024
Other Liabilities$5,187$6,062▲ $875
Total Liabilities$2,029,594$2,023,445▼ $6,149
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$41,882$-32,834▼ $74,716
Total Net Assets Fund Balance$41,882$-32,834▼ $74,716
Total Liabilities and Net Assets / Fund Balance$2,071,476$1,990,611▼ $80,865

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,752,734$1,317,839$3,070,573
Land$143,000-$143,000
Equipment$1,174$44,434$45,608
Compensation and Service Providers

Board Members and Trustees

NameTitle
Chuck HowardPresident
Candy McilvinBoard Member
Donna KlineBoard Member
Mary RagsdaleSecretary
Sally RushTreasurer
Bill MacyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$169,833
Investment Income
$37
Other Revenue
$1,183
Change in Net Assets
$-88,434

Audited Revenue Reconciliation

Revenue per Audited Statements
$171,053
Total Revenue per Audited Statements
$171,053
Total Revenue per Form 990
$171,053
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$215,615
Salaries, Compensation, and Employee Benefits$43,872
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$81,060--$81,060
Occupancy$36,758--$36,758
Other Salaries and Wages$16,964$17,236-$34,200
Fees for Services Accounting-$21,704-$21,704
Fees for Services Legal-$18,231-$18,231
All Other Expenses$7,030$4,159-$11,189
Payroll Taxes$9,672--$9,672
Insurance$8,842--$8,842
Office Expenses-$6,108-$6,108
Other Expenses$5,632$10,200-$5,632
Total Functional Expenses$181,849$77,638$0$259,487

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$259,487
Total Expenses per Audited Statements$259,487
Total Expenses per Form 990$259,487
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
Tenant Deposits Held in Trust$6,062
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The chairman reviews prior to filing the return

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Project Support Housing Ii
EIN
73-1726937
Phone
3034281448
Address
PO BOX 282, IDAHO SPRINGS, CO 80452

Signing Officer

Name
Chuck Howard
Title
President
Phone
3034281448
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chuck Howard
Formed
2004
Legal Domicile
Co
Voting Board Members
6
Independent Board Members
6
Employees
3

Preparer

Firm
Christen Souers LLC
Address
10347 DAWSONS CREEK BLVD STE C, FORT WAYNE, IN 46825-1905
Preparer
Anna M Collins CPA
Phone
2604840653
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide housing for very low income elderly residents in idaho springs, colorado. Fifteen apartments are rented to qualifying individuals and a sixteenth apartment is available for a resident/employee. The organization operates under a regulatory agreement with u.s. Department of hud that provides financial subsidies and restricts operations.

Form 990, Part XI, Line 9

Prior period adjustment 13,718

Raw XML Appendix378 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/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0111
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0171016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0160595
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0146285
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0142750
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0147889
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0768535
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt037
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
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IRS990ScheduleA/PublicSupportPY509Pct00.99890
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IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0143000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt01896908
IRS990ScheduleD/TotalExpensesPerForm990Amt0259487
IRS990ScheduleD/TotalLiabilityAmt06062
IRS990ScheduleD/TotalRevenuePerForm990Amt0171053
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE HOUSING FOR VERY LOW INCOME ELDERLY RESIDENTS IN IDAHO SPRINGS, COLORADO. FIFTEEN APARTMENTS ARE RENTED TO QUALIFYING INDIVIDUALS AND A SIXTEENTH APARTMENT IS AVAILABLE FOR A RESIDENT/EMPLOYEE. THE ORGANIZATION OPERATES UNDER A REGULATORY AGREEMENT WITH U.S. DEPARTMENT OF HUD THAT PROVIDES FINANCIAL SUBSIDIES AND RESTRICTS OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CHAIRMAN REVIEWS PRIOR TO FILING THE RETURN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR PERIOD ADJUSTMENT 13,718
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TotalAssetsGrp/EOYAmt01990611
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0259487
IRS990/TotalGrossUBIAmt00
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 282
IRS990/USAddress/CityNm0IDAHO SPRINGS
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IRS990/USAddress/ZIPCd080452
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CHUCK HOWARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03034281448
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PROJECT SUPPORT HOUSING II
ReturnHeader/Filer/BusinessNameControlTxt0PROJ
ReturnHeader/Filer/EIN0731726937
ReturnHeader/Filer/PhoneNum03034281448
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 282
ReturnHeader/Filer/USAddress/CityNm0IDAHO SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CO
ReturnHeader/Filer/USAddress/ZIPCd080452
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0352110134
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTEN SOUERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010347 DAWSONS CREEK BLVD STE C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT WAYNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0468251905
ReturnHeader/PreparerPersonGrp/PhoneNum02604840653
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANNA M COLLINS CPA
ReturnHeader/ReturnTs02025-11-12T16:22:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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