Civic Intelligence

Rincon De Los Esteros Inc.

990 • Fiscal year 2018 • EIN 77-0329569

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 06, 2019

Organization ProfileWWW.FIRSTHOUSING.ORG
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.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

96th percentile

7.80x

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

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

14th percentile

-12%

Higher net margin than 14% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

73rd percentile

$264,871

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

33rd percentile

-1.8%

Faster asset growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

42nd percentile

1.7%

Faster revenue growth than 42% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$24,733,138

Down $451,954 (-1.8%) from 2017

Net Assets

Down

-$9,381,876

Down $524,366 (-5.9%) from 2017

Liabilities

Up

$34,115,014

Up $72,412 (+0.2%) from 2017

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin14th percentile

Revenue

Up

$4,375,183

Up $72,106 (+1.7%) from 2017

Expenses

Up

$4,899,549

Up $769,177 (+19%) from 2017

Net Income

Down

-$524,366

Down $697,071 (-404%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth33rd 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

2018

Assets$24,733,138
Liabilities$34,115,014
Net Assets-$9,381,876
Open 2018 Filing

Operations Trend

Revenue Growth42nd 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

2018

Revenue$4,375,183
Expenses$4,899,549
Net Income-$524,366
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 6, 2019
Return Version
2018v3.1
Gross Receipts
$4,375,183
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$19,757,029$20,479,873▲ $722,844
Savings and Temporary Cash Investments$473,896$969,012▲ $495,116
Cash and Non-Interest-Bearing Accounts$336,847$807,158▲ $470,311
Investments Program Related$208,697$208,705▲ $8
Prepaid Expenses and Deferred Charges$112,771$108,469▼ $4,302
Accounts Receivable$14,565$19,256▲ $4,691
Total Assets$25,185,092$24,733,138▼ $451,954
Other Assets Total$4,281,287$2,140,665▼ $2,140,622
Liabilities
Mortgage Notes Payable Secured by Investment Property$32,358,887$32,392,011▲ $33,124
Other Liabilities$921,228$1,571,773▲ $650,545
Accounts Payable and Accrued Expenses$758,953$150,477▼ $608,476
Deferred Revenue$3,534$753▼ $2,781
Total Liabilities$34,042,602$34,115,014▲ $72,412
Net Assets / Fund Balance
Unrestricted Net Assets$-8,857,510$-9,381,876▼ $524,366
Total Net Assets Fund Balance$-8,857,510$-9,381,876▼ $524,366
Total Liabilities and Net Assets / Fund Balance$25,185,092$24,733,138▼ $451,954

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$13,332,782$3,620,983$16,953,765
Land$5,414,594-$5,414,594
Equipment$1,659,649$613,910$2,273,559
Other Land Buildings$72,848-$72,848
Other Assets Org$399,635--
Compensation and Service Providers
Top Officer Pay73rd 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
Gerry DeyoungDirector
Jaime AnguloDirector
Matthew JamesDirector
Sandra SoellnerDirector
Richard CasserleyDirector (start 3/18)
David MunsonDirector of Finance
Tim HendersonSecretary & Treasurer of T
Revenue and Support

Revenue Composition

Contributions and Grants
$166,547
Program Service Revenue
$4,201,331
Investment Income
$7,305
Other Revenue
$0
Change in Net Assets
$-524,366

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,375,183
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,375,183
Total Revenue per Form 990
$4,375,183
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,243,370
Salaries, Compensation, and Employee Benefits$656,179
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,149,129--$1,149,129
Fees for Services Management$916,958--$916,958
Depreciation Depletion$735,605--$735,605
Other Salaries and Wages$506,074--$506,074
Occupancy$500,778--$500,778
Fees for Services Other$264,148--$264,148
Insurance$102,787--$102,787
Other Employee Benefits$102,655--$102,655
Office Expenses$44,914--$44,914
Fees for Services Accounting$25,830$17,100-$42,930
Payroll Taxes$39,458--$39,458
Pension Plan Contributions$7,992--$7,992
Information Technology$6,397--$6,397
Conferences and Meetings$4,218--$4,218
Advertising$2,987--$2,987
Other Expenses$2,892--$2,892
Travel$1,322--$1,322
Fees for Services Legal$1,102--$1,102
Total Functional Expenses$4,882,449$17,100$0$4,899,549

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,899,549
Total Expenses per Audited Statements$4,899,549
Total Expenses per Form 990$4,899,549
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
Accounts Payable - Affiliates$759,529
Accrued Interest$489,130
Tenant Security Deposits$323,114
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, 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
2019-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Geoffrey Morgan
Formed
1992
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Armanino Llp
Address
50 W SAN FERNANDO ST STE 500, SAN JOSE, CA 95113
Preparer
Roberto Maragoni
Phone
4082006400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is exempt from federal income tax under internal revenue code section 501(c)(3) and from state franchise tax under revenue and taxation code section 23701(d). The organization has filed and received an exemption from certain property taxes in accordance with section 214 of the california code. 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 2015 and beyond remain subject to examination by the internal revenue service. The organization's california returns for the tax years 2014 and beyond remain subject to examination by the franchise tax board.”

Raw XML AppendixShowing 400 of 694 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/TitleTxt0VICE PRESIDENT OF THE BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY & TREASURER OF T
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (START 3/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT/CEO OF FCH
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF FINANCE
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IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt06397
IRS990/InformationTechnologyGrp/TotalAmt06397
IRS990/InsuranceGrp/ProgramServicesAmt0102787
IRS990/InsuranceGrp/TotalAmt0102787
IRS990/InterestGrp/ProgramServicesAmt01149129
IRS990/InterestGrp/TotalAmt01149129
IRS990/InvestmentIncomeGrp/ExclusionAmt07305
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07305
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0208697
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0208705
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04234893
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019757029
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020479873
IRS990/LandBldgEquipCostOrOtherBssAmt024714766
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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/BOYAmt032358887
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt032392011
IRS990/NetAssetsOrFundBalancesBOYAmt0-8857510
IRS990/NetAssetsOrFundBalancesEOYAmt0-9381876
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0500778
IRS990/OccupancyGrp/TotalAmt0500778
IRS990/OfficeExpensesGrp/ProgramServicesAmt044914
IRS990/OfficeExpensesGrp/TotalAmt044914
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04281287
IRS990/OtherAssetsTotalGrp/EOYAmt02140665
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0102655
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0102655
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ADMINISTRATOR'S UNIT
IRS990/OtherExpensesGrp/Desc2UNIFORM AND LAUNDRY
IRS990/OtherExpensesGrp/ProgramServicesAmt0441715
IRS990/OtherExpensesGrp/ProgramServicesAmt125488
IRS990/OtherExpensesGrp/ProgramServicesAmt22892
IRS990/OtherExpensesGrp/TotalAmt0441715
IRS990/OtherExpensesGrp/TotalAmt125488
IRS990/OtherExpensesGrp/TotalAmt22892
IRS990/OtherLiabilitiesGrp/BOYAmt0921228
IRS990/OtherLiabilitiesGrp/EOYAmt01571773
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0506074
IRS990/OtherSalariesAndWagesGrp/TotalAmt0506074
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt039458
IRS990/PayrollTaxesGrp/TotalAmt039458
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07992
IRS990/PensionPlanContributionsGrp/TotalAmt07992
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0112771
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0108469
IRS990/PrincipalOfficerNm0GEOFFREY MORGAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531390
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1LAUDRY AND OTHER TENAN
IRS990/ProgramServiceRevenueGrp/Desc2PARTNERSHIP MGMT FEE
IRS990/ProgramServiceRevenueGrp/Desc3SUSTAINABILITY PROJECT
IRS990/ProgramServiceRevenueGrp/Desc4PARTNERSHIP INVST LOSS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04089625
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt194545
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32153
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt48
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04089625
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt194545
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32153
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt48
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. 209 PEOPLE WERE SERVED DURING THE YEAR.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt015000
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015008
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0145484
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt08776
IRS990/PYOtherExpensesAmt03516304
IRS990/PYOtherRevenueAmt03549
IRS990/PYProgramServiceRevenueAmt04145268
IRS990/PYRevenuesLessExpensesAmt0172705
IRS990/PYSalariesCompEmpBnftPaidAmt0614068
IRS990/PYTotalExpensesAmt04130372
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04303077
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-524366
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt04186323
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0473896
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0969012
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/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0FIRST COMMUNITY HOUSING
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt013332782
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03620983
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016953765
IRS990ScheduleD/EquipmentGrp/BookValueAmt01659649
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0613910
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02273559
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04899549
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt05414594
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt05414594
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt015000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1277612
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2823556
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3297998
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4323114
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt53750
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6399635
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/OtherLandBuildingsGrp/BookValueAmt072848
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt072848
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0759529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1489130
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2323114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCOUNTS PAYABLE - AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04375183
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND FROM STATE FRANCHISE TAX UNDER REVENUE AND TAXATION CODE SECTION 23701(D). THE ORGANIZATION HAS FILED AND RECEIVED AN EXEMPTION FROM CERTAIN PROPERTY TAXES IN ACCORDANCE WITH SECTION 214 OF THE CALIFORNIA CODE. 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 2015 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S CALIFORNIA RETURNS FOR THE TAX YEARS 2014 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020479873
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02140665
IRS990ScheduleD/TotalExpensesPerForm990Amt04899549
IRS990ScheduleD/TotalLiabilityAmt01571773
IRS990ScheduleD/TotalRevenuePerForm990Amt04375183
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04375183
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04899549

Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$24,733,138
Liabilities
$34,115,014
Net assets
-$9,381,876
Revenue
$4,375,183
Expenses
$4,899,549
Net income
-$524,366
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
2018Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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