Civic Intelligence

Villages Ltd.

990 • Fiscal year 2022 • EIN 74-2177138

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

Organization Profilewww.housingcatalyst.com
1715 W Mountain AvenueFort Collins, CO 80521

(970) 416-2910

Siviq Scores

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

Liabilities / Assets

25th percentile

0.03x

Higher debt load relative to assets than 25% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.33x

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

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

64th percentile

14%

Higher net margin than 64% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

75th percentile

$276,360

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 11.1% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

60th percentile

4.3%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-64%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$23,852,035

Up $978,067 (+4.3%) from 2021

Net Assets

Up

$23,029,760

Up $354,138 (+1.6%) from 2021

Liabilities

Up

$822,275

Up $623,929 (+315%) from 2021

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin64th percentile

Revenue

Down

$2,481,924

Down $4,498,834 (-64%) from 2021

Expenses

Up

$2,127,786

Up $27,692 (+1.3%) from 2021

Net Income

Down

$354,138

Down $4,526,526 (-93%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

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

$40M$30M$20M$10M$0Assets 2011: $16,115,954Liabilities 2011: $7,375,134Net Assets 2011: $8,740,8202011Assets 2012: $17,046,063Liabilities 2012: $7,091,022Net Assets 2012: $9,955,0412012Assets 2013: $16,794,887Liabilities 2013: $6,656,159Net Assets 2013: $10,138,7282013Assets 2014: $17,320,050Liabilities 2014: $3,129,213Net Assets 2014: $14,190,8372014Assets 2015: $18,183,276Liabilities 2015: $2,891,386Net Assets 2015: $15,291,8902015Assets 2016: $18,583,872Liabilities 2016: $2,493,873Net Assets 2016: $16,089,9992016Assets 2017: $18,896,364Liabilities 2017: $2,178,183Net Assets 2017: $16,718,1812017Assets 2018: $19,306,898Liabilities 2018: $1,858,218Net Assets 2018: $17,448,6802018Assets 2019: $18,643,622Liabilities 2019: $1,492,676Net Assets 2019: $17,150,9462019Assets 2020: $18,418,389Liabilities 2020: $623,431Net Assets 2020: $17,794,9582020Assets 2021: $22,873,968Liabilities 2021: $198,346Net Assets 2021: $22,675,6222021Assets 2022: $23,852,035Liabilities 2022: $822,275Net Assets 2022: $23,029,7602022Assets 2023: $31,071,476Liabilities 2023: $465,552Net Assets 2023: $30,605,9242023Assets 2024: $37,696,583Liabilities 2024: $280,051Net Assets 2024: $37,416,5322024

Highlighted filing

2022

Assets$23,852,035
Liabilities$822,275
Net Assets$23,029,760
Open 2022 Filing

Operations Trend

Revenue Growth4th percentile

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

$15M$10M$5.0M$0Expenses 2011: $3,049,7062011Expenses 2012: $3,138,9982012Revenue 2013: $3,335,885Expenses 2013: $3,152,198Net Income 2013: $183,6872013Revenue 2014: $6,793,561Expenses 2014: $2,733,052Net Income 2014: $4,060,5092014Revenue 2015: $3,233,140Expenses 2015: $2,132,087Net Income 2015: $1,101,0532015Revenue 2016: $3,090,700Expenses 2016: $2,292,591Net Income 2016: $798,1092016Revenue 2017: $2,744,671Expenses 2017: $2,116,490Net Income 2017: $628,1812017Revenue 2018: $2,898,930Expenses 2018: $2,168,431Net Income 2018: $730,4992018Revenue 2019: $3,037,412Expenses 2019: $2,262,335Net Income 2019: $775,0772019Revenue 2020: $2,904,574Expenses 2020: $2,260,562Net Income 2020: $644,0122020Revenue 2021: $6,980,758Expenses 2021: $2,100,094Net Income 2021: $4,880,6642021Revenue 2022: $2,481,924Expenses 2022: $2,127,786Net Income 2022: $354,1382022Revenue 2023: $10,645,177Expenses 2023: $3,069,013Net Income 2023: $7,576,1642023Revenue 2024: $6,594,006Expenses 2024: $2,952,892Net Income 2024: $3,641,1142024

Highlighted filing

2022

Revenue$2,481,924
Expenses$2,127,786
Net Income$354,138
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$2,489,843
Mission and Program Overview

Mission

To provide and promote adequate and affordable housing, economic opportunity and a safe living environment free from discrimination.

To provide affordable housing for the elderly and low-income families of Fort Collins, Colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$9,685,322$9,460,279▼ $225,043
Investments Program Related$8,186,744$8,386,013▲ $199,269
Land, Buildings, and Equipment, Net$4,409,786$5,224,152▲ $814,366
Cash and Non-Interest-Bearing Accounts$44,123$80,887▲ $36,764
Accounts Receivable$20,418$47,685▲ $27,267
Prepaid Expenses and Deferred Charges$66--
Total Assets$22,873,968$23,852,035▲ $978,067
Other Assets Total$527,509$653,019▲ $125,510
Liabilities
Accounts Payable and Accrued Expenses$41,963$598,615▲ $556,652
Other Liabilities$20,801$137,169▲ $116,368
Escrow Account Liability$83,875$78,532▼ $5,343
Deferred Revenue$51,707$7,959▼ $43,748
Total Liabilities$198,346$822,275▲ $623,929
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$22,675,622$23,029,760▲ $354,138
Total Net Assets Fund Balance$22,675,622$23,029,760▲ $354,138
Total Liabilities and Net Assets / Fund Balance$22,873,968$23,852,035▲ $978,067

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,133,290$8,716,892$10,850,182
Land$1,526,217-$1,526,217
Other Land Buildings$1,170,511-$1,043,184
Leasehold Improvements$259,271$223,140$482,411
Equipment$134,863$59,472$194,335
Investment Program Related Org$8,386,013--
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Cathy MathisPresident
Jennifer WagnerVice President
Ann GreenDirector
David ByeDirector
Emily FrancisDirector
Hepburn WilkinsDirector
Lizette MillDirector
Tonya FrammolinoCFO
Julie BrewenSecretary/Treasurer/CEO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,451,900
Investment Income
$30,024
Other Revenue
$0
Change in Net Assets
$354,138

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,481,924
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,481,924
Total Revenue per Form 990
$2,481,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,925,984
Salaries, Compensation, and Employee Benefits$201,802
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$379,643$30,544-$410,187
Fees for Services Management$264,965$8,092-$273,057
Occupancy$189,634$5,818-$195,452
Other Salaries and Wages$163,124$4,982-$168,106
Fees for Services Accounting$147,536$4,506-$152,042
Office Expenses$108,249$3,430-$111,679
Insurance$84,787--$84,787
Other Employee Benefits$32,697$999-$33,696
Information Technology$11,417$349-$11,766
Fees for Services Legal$8,876$271-$9,147
All Other Expenses$6,054$171-$6,225
Other Expenses$21,154$500-$500
Advertising$175$5-$180
Travel$85--$85
Total Functional Expenses$2,048,647$79,139$0$2,127,786

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,127,786
Total Expenses per Audited Statements$2,127,786
Total Expenses per Form 990$2,127,786
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Deferred Infow of Resources$131,429
Due to Housing Catalyst$5,740
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

“The CEO and CFO are compensated by a related management company, Housing Catalyst, for services provided to both Villages, Ltd and Housing Catalyst. Villages, Ltd pays Housing Catalyst for administrative fees that include CEO and CFO services. The agreement does not specifically identify the breakout of CEO and CFO services from other administrative fees. The overall fees paid to Housing Catalyst is reported in Form 990, Part IX, line 11a. The compensation reported on Part VII reflects the CEO and CFO compensation for all services to all entities.”

Form 990, Part VI, Section A, line 8B

“There are no committees that can act on behalf of the governing board.”

Form 990, Part VI, Section B, line 11B

“The members of the board are provided a copy of the Form 990 to review prior to filing.”

Form 990, Part VI, Section B, line 12C

“The Organization performs an annual review of its conflict of interest policy. All officers, trustees, and other employees are required annually to review the policy and disclose any potential conflicts that may be occurring or may potentially occur. The Villages' legal counsel and President of the Board of Directors shall review any potential conflicts to determine if one exists. Should a conflict exist the respective individual with the conflict shall refrain from further discussions and voting on the issue.”

Form 990, Part VI, Section B, line 15

“The Organization does not compensate its officers or Board of Directors. An related management company, Housing Catalyst, performed administrative and management services and does not pay the CEO, CFO or board members specifically for the services provided to Villages, Ltd. Housing Catalyst reviews the officer compensation for reasonableness.”

Form 990, Part VI, Section C, line 19

“The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Villages Ltd
EIN
74-2177138
Phone
9704162910
Address
1715 W Mountain Avenue, Fort Collins, CO 80521

Signing Officer

Name
Tonya Frammolino
Title
CFO
Phone
9704162910
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tonya Frammolino
Formed
1980
Legal Domicile
Co
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Eide Bailly LLP
Address
1730 Burnt Boat Loop Ste 100, Bismarck, ND 58503-0886
Preparer
Lisa Chaffee CPA
Phone
7012551091
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Lines 7 and 9:

“The salaries and benefits reported on the Part IX Functional Expenses represents the reimbursement of expenses by the filing organization to an unrelated management company. The unrelated management company acts as a common paymaster and files the respective W-2s.”

Financial Statement Notes

Part IV, Line 2B:

“The Organization holds funds on behalf of its tenants for security deposits.”

Raw XML AppendixShowing 400 of 687 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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IRS990/Desc0Villages, Ltd. was established in 1980 as a 501(c)(3) organization whose purpose is to acquire, develop and preserve affordable housing for the elderly and low-income families of Fort Collins, Colorado. The Organization owns and manages a total of 200 residential units and has thus helped thousands of low-income families in the Fort Collins community over the past 30 years. The organization currently manages 200 residential units.
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-7919
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt022675622
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt023029760
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05818
IRS990/OccupancyGrp/ProgramServicesAmt0189634
IRS990/OccupancyGrp/TotalAmt0195452
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03430
IRS990/OfficeExpensesGrp/ProgramServicesAmt0108249
IRS990/OfficeExpensesGrp/TotalAmt0111679
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0527509
IRS990/OtherAssetsTotalGrp/EOYAmt0653019
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0999
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032697
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033696
IRS990/OtherExpensesGrp/Desc0Repairs and Maintenance
IRS990/OtherExpensesGrp/Desc1Bad Debt Expense
IRS990/OtherExpensesGrp/Desc2Other Financing Costs
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt019472
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1500
IRS990/OtherExpensesGrp/ProgramServicesAmt0630251
IRS990/OtherExpensesGrp/ProgramServicesAmt121154
IRS990/OtherExpensesGrp/TotalAmt0649723
IRS990/OtherExpensesGrp/TotalAmt121154
IRS990/OtherExpensesGrp/TotalAmt2500
IRS990/OtherLiabilitiesGrp/BOYAmt020801
IRS990/OtherLiabilitiesGrp/EOYAmt0137169
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt04982
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0163124
IRS990/OtherSalariesAndWagesGrp/TotalAmt0168106
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt066
IRS990/PrincipalOfficerNm0Tonya Frammolino
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531390
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/Desc1Section 8 Subsidy
IRS990/ProgramServiceRevenueGrp/Desc2Interest Income
IRS990/ProgramServiceRevenueGrp/Desc3Other Tenant Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01210236
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1915878
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2232594
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt358171
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01210236
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1915878
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2232594
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt358171
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0500000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03901990
IRS990/PYOtherExpensesAmt01915062
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02578768
IRS990/PYRevenuesLessExpensesAmt04880664
IRS990/PYSalariesCompEmpBnftPaidAmt0185032
IRS990/PYTotalExpensesAmt02100094
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06980758
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0354138
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt02451900
IRS990/SavingsAndTempCashInvstGrp/BOYAmt09685322
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09460279
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0500000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0500000
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt037943
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01759
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt012628
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt057140
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt041115
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0150585
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02451900
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02578768
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02891946
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02980272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02857558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt013760444
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt037943
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01759
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt012628
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt057140
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt041115
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0150585
IRS990ScheduleA/InvestmentIncomeCYPct00.01040
IRS990ScheduleA/InvestmentIncomePYPct00.00810
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98960
IRS990ScheduleA/PublicSupportPY509Pct00.99190
IRS990ScheduleA/PublicSupportTotal509Amt014260444
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02451900
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03078768
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02891946
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02980272
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02857558
IRS990ScheduleA/Total509Grp/TotalAmt014260444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02489843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03080527
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02904574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03037412
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02898673
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt014411029
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02133290
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08716892
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010850182
IRS990ScheduleD/EquipmentGrp/BookValueAmt0134863
IRS990ScheduleD/EquipmentGrp/DepreciationAmt059472
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0194335
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02127786
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt08386013
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0Notes Receivable
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/LandGrp/BookValueAmt01526217
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01526217
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0259271
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0223140
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0482411
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01170511
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt0127327
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01043184
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05740
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1131429
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Due to Housing Catalyst
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Infow of Resources
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02481924
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization holds funds on behalf of its tenants for security deposits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05224152
IRS990ScheduleD/TotalBookValueProgramRltdAmt08386013
IRS990ScheduleD/TotalExpensesPerForm990Amt02127786
IRS990ScheduleD/TotalLiabilityAmt0137169
IRS990ScheduleD/TotalRevenuePerForm990Amt02481924
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02481924
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02127786
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0225581
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1171286
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,852,035
Liabilities
$822,275
Net assets
$23,029,760
Revenue
$2,481,924
Expenses
$2,127,786
Net income
$354,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$37.7$0.28$37.4$6.59$2.95$3.64
2023Detailed filing. Detailed filing data is available for this year.$31.1$0.47$30.6$10.6$3.07$7.58
2022Detailed filing. Detailed filing data is available for this year.$23.9$0.82$23.0$2.48$2.13$0.35
2021Detailed filing. Detailed filing data is available for this year.$22.9$0.20$22.7$6.98$2.10$4.88
2020Detailed filing. Detailed filing data is available for this year.$18.4$0.62$17.8$2.90$2.26$0.64
2019Detailed filing. Detailed filing data is available for this year.$18.6$1.49$17.2$3.04$2.26$0.78
2018Detailed filing. Detailed filing data is available for this year.$19.3$1.86$17.4$2.90$2.17$0.73
2017Detailed filing. Detailed filing data is available for this year.$18.9$2.18$16.7$2.74$2.12$0.63
2016Detailed filing. Detailed filing data is available for this year.$18.6$2.49$16.1$3.09$2.29$0.80
2015Summary only. Only limited summary data is available for this year.$18.2$2.89$15.3$3.23$2.13$1.10
2014Detailed filing. Detailed filing data is available for this year.$17.3$3.13$14.2$6.79$2.73$4.06
2013Detailed filing. Detailed filing data is available for this year.$16.8$6.66$10.1$3.34$3.15$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.0$7.09$9.96$3.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.1$7.38$8.74$3.05