Civic Intelligence

Rincon De Los Esteros Inc.

990 • Fiscal year 2016 • EIN 77-0329569

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 29, 2017

Organization ProfileWWW.FIRSTHOUSING.com
75 E Santa Clara Street No 1300San Jose, CA 95113

(408) 291-8650

Siviq Scores

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

Liabilities / Assets

97th percentile

1.38x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

96th percentile

8.49x

Higher debt load relative to revenue than 96% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

2nd percentile

-134%

Higher net margin than 2% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

63rd percentile

$214,717

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

78th percentile

12%

Faster asset growth than 78% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-2.4%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$24,292,309

Up $2,546,714 (+12%) from 2015

Net Assets

Down

-$9,133,614

Down $5,264,395 (-136%) from 2015

Liabilities

Up

$33,425,923

Up $7,811,109 (+30%) from 2015

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin2nd percentile

Revenue

Down

$3,937,649

Down $96,431 (-2.4%) from 2015

Expenses

Up

$9,202,044

Up $5,191,874 (+129%) from 2015

Net Income

Down

-$5,264,395

Down $5,288,305 (-22118%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$40M$20M$0-$20MAssets 2011: $22,538,109Liabilities 2011: $25,842,396Net Assets 2011: -$3,304,2872011Assets 2012: $22,124,984Liabilities 2012: $25,728,446Net Assets 2012: -$3,603,4622012Assets 2013: $21,843,153Liabilities 2013: $25,795,837Net Assets 2013: -$3,952,6842013Assets 2014: $21,853,028Liabilities 2014: $25,746,157Net Assets 2014: -$3,893,1292014Assets 2015: $21,745,595Liabilities 2015: $25,614,814Net Assets 2015: -$3,869,2192015Assets 2016: $24,292,309Liabilities 2016: $33,425,923Net Assets 2016: -$9,133,6142016Assets 2017: $25,185,092Liabilities 2017: $34,042,602Net Assets 2017: -$8,857,5102017Assets 2018: $24,733,138Liabilities 2018: $34,115,014Net Assets 2018: -$9,381,8762018Assets 2019: $18,647,740Liabilities 2019: $33,782,066Net Assets 2019: -$15,134,3262019Assets 2020: $18,299,086Liabilities 2020: $33,674,796Net Assets 2020: -$15,375,7102020Assets 2021: $17,513,891Liabilities 2021: $33,061,910Net Assets 2021: -$15,548,0192021Assets 2022: $16,687,590Liabilities 2022: $32,614,664Net Assets 2022: -$15,927,0742022Assets 2023: $2,243,652Liabilities 2023: $7,233,702Net Assets 2023: -$4,990,0502023Assets 2024: $39,806Liabilities 2024: $6,971,540Net Assets 2024: -$6,931,7342024

Highlighted filing

2016

Assets$24,292,309
Liabilities$33,425,923
Net Assets-$9,133,614
Open 2016 Filing

Operations Trend

Revenue Growth33rd percentile

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

$40M$20M$0-$20MExpenses 2011: $3,675,8212011Expenses 2012: $3,815,0072012Revenue 2013: $3,732,386Expenses 2013: $4,081,608Net Income 2013: -$349,2222013Revenue 2014: $4,012,490Expenses 2014: $3,952,935Net Income 2014: $59,5552014Revenue 2015: $4,034,080Expenses 2015: $4,010,170Net Income 2015: $23,9102015Revenue 2016: $3,937,649Expenses 2016: $9,202,044Net Income 2016: -$5,264,3952016Revenue 2017: $4,303,077Expenses 2017: $4,130,372Net Income 2017: $172,7052017Revenue 2018: $4,375,183Expenses 2018: $4,899,549Net Income 2018: -$524,3662018Revenue 2019: $4,597,151Expenses 2019: $10,349,601Net Income 2019: -$5,752,4502019Revenue 2020: $4,838,028Expenses 2020: $5,079,412Net Income 2020: -$241,3842020Revenue 2021: $4,662,633Expenses 2021: $4,834,942Net Income 2021: -$172,3092021Revenue 2022: $4,686,516Expenses 2022: $5,065,571Net Income 2022: -$379,0552022Revenue 2023: $36,882,846Expenses 2023: $25,945,822Net Income 2023: $10,937,0242023Revenue 2024: -$50,372Expenses 2024: $1,891,312Net Income 2024: -$1,941,6842024

Highlighted filing

2016

Revenue$3,937,649
Expenses$9,202,044
Net Income-$5,264,395
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 29, 2017
Return Version
2016v3.0
Gross Receipts
$3,949,621
Mission and Program Overview

Mission

The corporation is organized to provide housing for low income persons and to serve as a general partner in limited partnerships which own and operate housing for the benefit of low income persons.

Provides housing for low income persons and families and owns and operates apartment complexes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,292,287$19,106,704▼ $185,583
Savings and Temporary Cash Investments$219,123$475,285▲ $256,162
Cash and Non-Interest-Bearing Accounts$519,642$373,703▼ $145,939
Investments Program Related$208,827$208,757▼ $70
Prepaid Expenses and Deferred Charges$86,461$91,269▲ $4,808
Intangible Assets$78,335$0▼ $78,335
Accounts Receivable$34,636$22,391▼ $12,245
Total Assets$21,745,595$24,292,309▲ $2,546,714
Other Assets Total$1,306,284$4,014,200▲ $2,707,916
Liabilities
Mortgage Notes Payable Secured by Investment Property$22,055,969$32,325,764▲ $10,269,795
Other Liabilities$3,423,332$817,414▼ $2,605,918
Accounts Payable and Accrued Expenses$129,904$275,698▲ $145,794
Deferred Revenue$5,609$7,047▲ $1,438
Total Liabilities$25,614,814$33,425,923▲ $7,811,109
Net Assets / Fund Balance
Unrestricted Net Assets$-3,869,219$-9,133,614▼ $5,264,395
Total Net Assets Fund Balance$-3,869,219$-9,133,614▼ $5,264,395
Total Liabilities and Net Assets / Fund Balance$21,745,595$24,292,309▲ $2,546,714

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,409,110$2,713,590$15,122,700
Land$5,414,594-$5,414,594
Other Land Buildings$1,283,000$238,355$1,521,355
Other Assets Org$2,530,000--
Compensation and Service Providers
Top Officer Pay63rd percentile

Board Members and Trustees

NameTitle
Gary SchoennauerChairman of the board
Geoffrey MorganPresident/CEO of FCH
Richard L ConniffVice president of the boar
Carol S Wagnerdirector
Dunia Noeldirector
Jaime Angulodirector
Sandra Soellnerdirector
Shirley Lewisdirector
Ross G AdlerSecretary of the board
Tim Hendersontreasurer of the boar
Revenue and Support

Revenue Composition

Contributions and Grants
$169,444
Program Service Revenue
$3,770,943
Investment Income
$-4,700
Other Revenue
$1,962
Change in Net Assets
$-5,264,395

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,949,621
Revenue Not Reported on Financial Statements
$-11,972
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-11,972
Total Revenue per Audited Statements
$3,949,621
Total Revenue per Form 990
$3,937,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,627,796
Salaries, Compensation, and Employee Benefits$574,248
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$3,216,764--$3,216,764
Interest$1,156,360--$1,156,360
Occupancy$665,030--$665,030
Depreciation Depletion$609,898--$609,898
Fees for Services Management$438,314--$438,314
Other Salaries and Wages$436,952--$436,952
Other Employee Benefits$98,488--$98,488
Fees for Services Other$88,494--$88,494
Office Expenses$64,443--$64,443
Fees for Services Accounting$25,092$17,349-$42,441
Payroll Taxes$34,276--$34,276
Fees for Services Legal$33,569--$33,569
Information Technology$17,373--$17,373
Pension Plan Contributions$4,532--$4,532
Other Expenses$2,931--$2,931
Advertising$913--$913
Travel$907--$907
Insurance$553--$553
Total Functional Expenses$9,184,695$17,349$0$9,202,044

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,214,016
Expenses per Audited Statements$9,202,044
Total Expenses per Form 990$9,202,044
Expenses Not Reported on Form 990$11,972
Expenses Not Reported on Financial Statements$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
accounts payable - affiliates$301,277
Tenant security deposits$292,023
Accrued interest$224,114
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No

Governance Explanations

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

“A copy of the form 990 is provided to the Board members, and the Finance Committee and Management review and approve the form 990 before filing it.”

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

“Officers, directors and key employees are required to fill out a conflict of interest form annually disclosing any possible conflict. Those forms are given to the BOD chairman, who evaluates the possible conflicts and follow the policies procedures.”

Form 990, Part VI, Section B, line 15

“Form 990, Part VI, Line 15a and 15b Top managment officials of the organization are compensated by First Community Housing, a related California non-profit organization.”

Form 990, Part VI, Section C, line 19

“Financial statements and other public documents are provided upon request.”

Form 990 part VII section A Column (B)

“All board members attend board meetings of other related organizations. The CEO works 40 hours/week for First Community Housing Corporation, a related non-profit organization.”

Filing and Contact Details

Filer

Filer Name
Rincon De Los Esteros Inc
EIN
77-0329569
Phone
4082918650
Address
75 E Santa Clara Street No 1300, San Jose, CA 95113

Signing Officer

Name
Geoffrey Morgan
Title
President & CEO of FCH
Phone
4082918650
Signed
2017-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoffrey Morgan
Formed
1992
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Armanino LLP
Address
50 W San Fernando St Ste 500, San Jose, CA 95113
Preparer
Lawrence S Kuechler
Phone
4082006400
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“Uncertainty in Income Taxes - Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state tax returns are more-likely-than-not to be sustained upon examination. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for the tax years 2013 and beyond remain subject to examination by the Internal Revenue Service. The Organization's California returns for the tax years 2012 and beyond remain subject to examination by the Franchise Tax Board.”

Part XI, Line 4B - Other Adjustments:

“loss on disposal of asset -11,972.”

Part XII, Line 2D - Other Adjustments:

“loss on disposal of asset 11,972.”

Raw XML AppendixShowing 400 of 675 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/Form990PartVIISectionAGrp/TitleTxt0Chairman of the board
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary of the board
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice president of the boar
IRS990/Form990PartVIISectionAGrp/TitleTxt3treasurer of the boar
IRS990/Form990PartVIISectionAGrp/TitleTxt4director
IRS990/Form990PartVIISectionAGrp/TitleTxt5director
IRS990/Form990PartVIISectionAGrp/TitleTxt6director
IRS990/Form990PartVIISectionAGrp/TitleTxt7director
IRS990/Form990PartVIISectionAGrp/TitleTxt8director
IRS990/Form990PartVIISectionAGrp/TitleTxt9President/CEO of FCH
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IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The corporation is organized to provide housing for low income persons and to serve as a general partner in limited partnerships which own and operate housing for the benefit of low income persons.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt022055969
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032325764
IRS990/NetAssetsOrFundBalancesBOYAmt0-3869219
IRS990/NetAssetsOrFundBalancesEOYAmt0-9133614
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-11972
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-11972
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0665030
IRS990/OccupancyGrp/TotalAmt0665030
IRS990/OfficeExpensesGrp/ProgramServicesAmt064443
IRS990/OfficeExpensesGrp/TotalAmt064443
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01306284
IRS990/OtherAssetsTotalGrp/EOYAmt04014200
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt098488
IRS990/OtherEmployeeBenefitsGrp/TotalAmt098488
IRS990/OtherExpensesGrp/Desc0Prepayment Penalty
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2administrator's unit
IRS990/OtherExpensesGrp/Desc3uniform and Laundry
IRS990/OtherExpensesGrp/ProgramServicesAmt01680325
IRS990/OtherExpensesGrp/ProgramServicesAmt1583993
IRS990/OtherExpensesGrp/ProgramServicesAmt225488
IRS990/OtherExpensesGrp/ProgramServicesAmt32931
IRS990/OtherExpensesGrp/TotalAmt01680325
IRS990/OtherExpensesGrp/TotalAmt1583993
IRS990/OtherExpensesGrp/TotalAmt225488
IRS990/OtherExpensesGrp/TotalAmt32931
IRS990/OtherLiabilitiesGrp/BOYAmt03423332
IRS990/OtherLiabilitiesGrp/EOYAmt0817414
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MICELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01962
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01962
IRS990/OtherRevenueTotalAmt01962
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0436952
IRS990/OtherSalariesAndWagesGrp/TotalAmt0436952
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt03216764
IRS990/PaymentsToAffiliatesGrp/TotalAmt03216764
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt034276
IRS990/PayrollTaxesGrp/TotalAmt034276
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04532
IRS990/PensionPlanContributionsGrp/TotalAmt04532
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt086461
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt091269
IRS990/PrincipalOfficerNm0Geoffrey Morgan
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/Desc0Rental income
IRS990/ProgramServiceRevenueGrp/Desc1Laudry and other tenan
IRS990/ProgramServiceRevenueGrp/Desc2partnership mgmt fee
IRS990/ProgramServiceRevenueGrp/Desc3partnership invst loss
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03659757
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt196256
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3-70
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03659757
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt196256
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3-70
IRS990/ProgSrvcAccomActy2Grp/Desc0The organization serves as general partner of two limited partnerships and provides management services to both partnerships. Each partnership owns and operates multi-family apartment buildings for a total of 87 units in San Jose and Sunnyvale. 220 people were served during the year.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt014930
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0192132
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-5376
IRS990/PYOtherExpensesAmt03451868
IRS990/PYOtherRevenueAmt012291
IRS990/PYProgramServiceRevenueAmt03835033
IRS990/PYRevenuesLessExpensesAmt023910
IRS990/PYSalariesCompEmpBnftPaidAmt0558302
IRS990/PYTotalExpensesAmt04010170
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04034080
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5264395
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt03757975
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0219123
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0475285
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0770119210
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt03216764
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0First Community Housing Inc
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt03216764
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt012409110
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02713590
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015122700
IRS990ScheduleD/ExpensesNotReportedAmt011972
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09202044
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05414594
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05414594
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt043376
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1274300
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2692474
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3115190
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4292610
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt566250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt62530000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Receivable from affiliate
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Operating reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3insurance & tax impounds
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Tenant security deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5Escrow Reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6Construction Reserve
IRS990ScheduleD/OtherExpensesIncludedAmt011972
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01283000
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0238355
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01521355
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0301277
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1224114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2292023
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0accounts payable - affiliates
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant security deposits
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-11972
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-11972
IRS990ScheduleD/RevenueSubtotalAmt03949621
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Uncertainty in Income Taxes - Accounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by the Organization in its federal and state tax returns are more-likely-than-not to be sustained upon examination. The Organization files information returns in the U.S. federal jurisdiction and state of California. The Organization's federal returns for the tax years 2013 and beyond remain subject to examination by the Internal Revenue Service. The Organization's California returns for the tax years 2012 and beyond remain subject to examination by the Franchise Tax Board.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1loss on disposal of asset -11,972.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2loss on disposal of asset 11,972.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019106704
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04014200

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,292,309
Liabilities
$33,425,923
Net assets
-$9,133,614
Revenue
$3,937,649
Expenses
$9,202,044
Net income
-$5,264,395
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$6.97$6.93$0.05$1.89$1.94
2023Summary only. Only limited summary data is available for this year.$2.24$7.23$4.99$36.9$25.9$10.9
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$32.6$15.9$4.69$5.07$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.5$33.1$15.5$4.66$4.83$0.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$33.7$15.4$4.84$5.08$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.6$33.8$15.1$4.60$10.3$5.75
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$24.7$34.1$9.38$4.38$4.90$0.52
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.2$34.0$8.86$4.30$4.13$0.17
2016Detailed filing. Detailed filing data is available for this year.$24.3$33.4$9.13$3.94$9.20$5.26
2015Detailed filing. Detailed filing data is available for this year.$21.7$25.6$3.87$4.03$4.01$0.02
2014Summary only. Only limited summary data is available for this year.$21.9$25.7$3.89$4.01$3.95$0.06
2013Detailed filing. Detailed filing data is available for this year.$21.8$25.8$3.95$3.73$4.08$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.1$25.7$3.60$3.82
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.5$25.8$3.30$3.68