Civic Intelligence

Affordable Communities Inc.

990 • Fiscal year 2016 • EIN 81-0541460

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

Organization ProfileN/A
4385 San Luis WayBroomfield, CO 80023

(303) 403-5420

Siviq Scores

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

Liabilities / Assets

84th percentile

0.74x

Higher debt load relative to assets than 84% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

3.57x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

66th percentile

7.6%

Higher net margin than 66% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

23rd percentile

$50,000

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

34th percentile

-1.6%

Faster asset growth than 34% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

15%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets84th percentile

Assets

Down

$5,320,122

Down $87,581 (-1.6%) from 2015

Net Assets

Up

$1,369,671

Up $83,835 (+6.5%) from 2015

Liabilities

Down

$3,950,451

Down $171,416 (-4.2%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin66th percentile

Revenue

Up

$1,107,139

Up $146,473 (+15%) from 2015

Expenses

Down

$1,023,304

Down $85,564 (-7.7%) from 2015

Net Income

Up

$83,835

Up $232,037 (+157%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,550,615Liabilities 2010: $2,633,973Net Assets 2010: $916,6422010Assets 2011: $6,941,635Liabilities 2011: $5,483,991Net Assets 2011: $1,457,6442011Assets 2012: $6,663,719Liabilities 2012: $5,203,646Net Assets 2012: $1,460,0732012Assets 2013: $6,507,320Liabilities 2013: $4,985,409Net Assets 2013: $1,521,9112013Assets 2014: $5,594,004Liabilities 2014: $4,222,220Net Assets 2014: $1,371,7842014Assets 2015: $5,407,703Liabilities 2015: $4,121,867Net Assets 2015: $1,285,8362015Assets 2016: $5,320,122Liabilities 2016: $3,950,451Net Assets 2016: $1,369,6712016Assets 2017: $5,161,346Liabilities 2017: $3,844,787Net Assets 2017: $1,316,5592017Assets 2018: $5,002,054Liabilities 2018: $3,778,863Net Assets 2018: $1,223,1912018Assets 2019: $4,799,509Liabilities 2019: $3,706,011Net Assets 2019: $1,093,4982019Assets 2020: $4,759,223Liabilities 2020: $3,645,353Net Assets 2020: $1,113,8702020Assets 2021: $4,637,094Liabilities 2021: $3,538,493Net Assets 2021: $1,098,6012021Assets 2022: $4,479,492Liabilities 2022: $3,449,912Net Assets 2022: $1,029,5802022Assets 2023: $4,435,396Liabilities 2023: $3,456,794Net Assets 2023: $978,6022023Assets 2024: $4,173,934Liabilities 2024: $3,368,499Net Assets 2024: $805,4352024

Highlighted filing

2016

Assets$5,320,122
Liabilities$3,950,451
Net Assets$1,369,671
Open 2016 Filing

Operations Trend

Revenue Growth74th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $380,4412010Expenses 2011: $670,9582011Expenses 2012: $1,055,1442012Revenue 2013: $1,111,895Expenses 2013: $1,024,327Net Income 2013: $87,5682013Revenue 2014: $977,641Expenses 2014: $981,040Net Income 2014: -$3,3992014Revenue 2015: $960,666Expenses 2015: $1,108,868Net Income 2015: -$148,2022015Revenue 2016: $1,107,139Expenses 2016: $1,023,304Net Income 2016: $83,8352016Revenue 2017: $1,082,532Expenses 2017: $1,136,741Net Income 2017: -$54,2092017Revenue 2018: $1,124,215Expenses 2018: $1,218,338Net Income 2018: -$94,1232018Revenue 2019: $1,238,233Expenses 2019: $1,332,493Net Income 2019: -$94,2602019Revenue 2020: $1,229,878Expenses 2020: $1,217,372Net Income 2020: $12,5062020Revenue 2021: $1,273,802Expenses 2021: $1,288,920Net Income 2021: -$15,1182021Revenue 2022: $1,257,302Expenses 2022: $1,325,970Net Income 2022: -$68,6682022Revenue 2023: $1,444,890Expenses 2023: $1,428,733Net Income 2023: $16,1572023Revenue 2024: $1,355,821Expenses 2024: $1,581,152Net Income 2024: -$225,3312024

Highlighted filing

2016

Revenue$1,107,139
Expenses$1,023,304
Net Income$83,835
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 29, 2017
Return Version
2016v3.0
Gross Receipts
$1,107,139
Mission and Program Overview

Mission

Affordable communities,inc. Is a non-profit housing corporation created to provide affordable housing to low and moderate income families and individuals in the denver metro area and lamar, colorado.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,636,710$4,384,339▼ $252,371
Savings and Temporary Cash Investments$467,674$396,990▼ $70,684
Cash and Non-Interest-Bearing Accounts$101,748$270,433▲ $168,685
Loans From Officers Directors$50,870--
Prepaid Expenses and Deferred Charges$23,973$21,700▼ $2,273
Accounts Receivable$17,617$16,139▼ $1,478
Intangible Assets$15,489$14,558▼ $931
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$5,407,703$5,320,122▼ $87,581
Other Assets Total$144,492$215,963▲ $71,471
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,934,684$3,847,001▼ $87,683
Accounts Payable and Accrued Expenses$105,824$54,752▼ $51,072
Other Liabilities$30,489$48,698▲ $18,209
Total Liabilities$4,121,867$3,950,451▼ $171,416
Net Assets / Fund Balance
Unrestricted Net Assets$533,587$1,369,671▲ $836,084
Temporarily Rstr Net Assets$752,249--
Total Net Assets Fund Balance$1,285,836$1,369,671▲ $83,835
Total Liabilities and Net Assets / Fund Balance$5,407,703$5,320,122▼ $87,581

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,984,158$1,659,982$4,644,140
Leasehold Improvements$1,098,423-$1,098,423
Other Land Buildings$175,695-$175,695
Land$126,063-$126,063
Compensation and Service Providers
Top Officer Pay23rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alan M FeinsteinVice PresidentPT$50,000$50,000
Ed BigaPresidentPT$50,000$50,000

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$748,181
Program Service Revenue
$309,607
Investment Income
$44,832
Other Revenue
$4,519
Change in Net Assets
$83,835

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,107,139
Total Revenue per Audited Statements
$1,107,139
Total Revenue per Form 990
$1,107,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$789,447
Salaries, Compensation, and Employee Benefits$233,857
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$265,434--$265,434
Occupancy$138,839--$138,839
Other Salaries and Wages$100,183--$100,183
Current Officers, Directors, Trustees, and Key Employees-$100,000-$100,000
Fees for Services Management$67,436--$67,436
Interest-$52,532-$52,532
Insurance$45,811--$45,811
All Other Expenses$21,813$6,896-$28,709
Office Expenses$19,693$3,977-$23,670
Other Employee Benefits$23,077--$23,077
Fees for Services Accounting-$21,340-$21,340
Other Expenses$15,746--$15,746
Payroll Taxes$10,597--$10,597
Fees for Services Legal-$4,286-$4,286
Advertising$2,670--$2,670
Total Functional Expenses$834,273$189,031$0$1,023,304

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,023,304
Total Expenses per Audited Statements$1,023,304
Total Expenses per Form 990$1,023,304
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,870--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Interest-Restructuring Loan$24,334
Tenant Security Deposits$22,227
Prepaid rents$2,137
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Non-profit Tax Return is reviewed with our tax return preparer and all governing members of organization prior to submission of Form 990 to the Internal Revenue Service.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board Members regularly discuss and consistently monitor all issues related to all forms of involvement with the organization and discuss any potential conflicts of interest as needed.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“Board members review all matters involving compensation of officers.”

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

“Board members review all matters involving compensation of all other employees.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes all its governing documents including conflict of interest policy and financial statements available to the public upon written request to the Board of Directors.”

Filing and Contact Details

Filer

Filer Name
Affordable Communities Inc
EIN
81-0541460
Phone
3034035420
Address
4385 San Luis Way, Broomfield, CO 80023

Signing Officer

Name
Alan M Feinstein
Title
CFO
Signed
2017-03-29
Discuss with paid preparer
Yes

Organization Details

Formed
2001
Legal Domicile
Co
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Terry & Company Pc
Address
PO Box 3896, Greenwood Village, CO 80155-3896
Preparer
E Alan Terry
Phone
3036945055
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IRS990/ProgSrvcAccomActy2Grp/Desc0The organization's exempt purpose achievements is to acquire Boulevard Garden Apartments (a 40-unit project on South Federal Boulevard in Denver, Colorado) under the Neighborhood Stabilization Program 2 (NSP2) and to rent the apartments to low and moderate income families and individuals. Presently twenty(20)of the units are restricted to households with income at or below 50% of the area media income (AMI), 16 of the units are restricted at the lesser of the fair market rent for comparable units in the area as established by HUD or 30% of the income of households at 80% of AMI, and the remaining 4 unit are restricted to households with incomes not exceeding 120% of the AMI.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0293349
IRS990/ProgSrvcAccomActy3Grp/Desc0The organizations's exempt purpose achievements is to acquire Morrison Road Apartments (a 19-unit affordable housing project located in Denver, Colorado) under the Neighborhood Stabilization Program (NSP)and to rent the apartments to low and moderate income families and individuals. Currently two units are HOME-assisted units and 17 units are "low NSP Units."
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0174318
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0537674
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02555
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0860835
IRS990/PYOtherRevenueAmt08
IRS990/PYProgramServiceRevenueAmt0420429
IRS990/PYRevenuesLessExpensesAmt0-148202
IRS990/PYSalariesCompEmpBnftPaidAmt0248033
IRS990/PYTotalExpensesAmt01108868
IRS990/PYTotalRevenueAmt0960666
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt083835
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0467674
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0396990
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0687772
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0537674
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0528643
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0459711
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0388105
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02601905
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt044832
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02555
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03706
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05096
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013555
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt069744
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0370016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0420429
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0409474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0515651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0519052
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02234622
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt044832
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03706
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05096
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013555
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt069744
IRS990ScheduleA/InvestmentIncomeCYPct00.01360
IRS990ScheduleA/InvestmentIncomePYPct00.00720
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt04519
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt035818
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0131437
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt056755
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0228537
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94190
IRS990ScheduleA/PublicSupportPY509Pct00.92710
IRS990ScheduleA/PublicSupportTotal509Amt04836527
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01057788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0958103
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0938117
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0975362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0907157
IRS990ScheduleA/Total509Grp/TotalAmt04836527
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01107139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0960666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0977641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01111895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0977467
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05134808
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02984158
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01659982
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04644140
IRS990ScheduleD/ExpensesSubtotalAmt01023304
IRS990ScheduleD/LandGrp/BookValueAmt0126063
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0126063
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01098423
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01098423
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0175695
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0175695
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024334
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12137
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt222227
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued Interest-Restructuring Loan
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Prepaid rents
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Tenant Security Deposits
IRS990ScheduleD/RevenueSubtotalAmt01107139
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04384339
IRS990ScheduleD/TotalExpensesPerForm990Amt01023304
IRS990ScheduleD/TotalLiabilityAmt048698
IRS990ScheduleD/TotalRevenuePerForm990Amt01107139
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01107139
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01023304
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Non-profit Tax Return is reviewed with our tax return preparer and all governing members of organization prior to submission of Form 990 to the Internal Revenue Service.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Members regularly discuss and consistently monitor all issues related to all forms of involvement with the organization and discuss any potential conflicts of interest as needed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Board members review all matters involving compensation of officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Board members review all matters involving compensation of all other employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The organization makes all its governing documents including conflict of interest policy and financial statements available to the public upon written request to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Affordable Communities Inc
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0NORMANDY COMMUNITIES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0810541460
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt01543438
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0CO
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Low Income Rentals
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt080186
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt04385 San Luis Way
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Broomfield
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0CO
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd080023
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$5,320,122
Liabilities
$3,950,451
Net assets
$1,369,671
Revenue
$1,107,139
Expenses
$1,023,304
Net income
$83,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.17$3.37$0.81$1.36$1.58$0.23
2023Detailed filing. Detailed filing data is available for this year.$4.44$3.46$0.98$1.44$1.43$0.02
2022Detailed filing. Detailed filing data is available for this year.$4.48$3.45$1.03$1.26$1.33$0.07
2021Detailed filing. Detailed filing data is available for this year.$4.64$3.54$1.10$1.27$1.29$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.76$3.65$1.11$1.23$1.22$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.80$3.71$1.09$1.24$1.33$0.09
2018Detailed filing. Detailed filing data is available for this year.$5.00$3.78$1.22$1.12$1.22$0.09
2017Detailed filing. Detailed filing data is available for this year.$5.16$3.84$1.32$1.08$1.14$0.05
2016Detailed filing. Detailed filing data is available for this year.$5.32$3.95$1.37$1.11$1.02$0.08
2015Detailed filing. Detailed filing data is available for this year.$5.41$4.12$1.29$0.96$1.11$0.15
2014Detailed filing. Detailed filing data is available for this year.$5.59$4.22$1.37$0.98$0.98$0.00
2013Detailed filing. Detailed filing data is available for this year.$6.51$4.99$1.52$1.11$1.02$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.66$5.20$1.46$1.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.94$5.48$1.46$0.67
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.55$2.63$0.92$0.38