Civic Intelligence

Tristate Affordable Housing Foundation

EIN 82-1627687 • 501(c)3 • Winstonsalem, NC

Profile

Facilitate provision of affordable housing through sponsorship of eligible non-profit organizations and investment in rental real estate partnerships for low income residents.

4623 Country Club RoadWinstonsalem, NC 27104

n/A

Siviq Scores

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

Liabilities / Assets

48th percentile

0.01x

Higher debt load relative to assets than 48% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.02x

Higher debt load relative to revenue than 50% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Net Margin

99th percentile

100%

Higher net margin than 99% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

93rd percentile

99%

Faster asset growth than 93% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

51%

Faster revenue growth than 86% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$145,071

Up $72,302 (+99%) from 2023

Liabilities

Down

$1,281

Down $422 (-25%) from 2023

Net Assets

Up

$143,790

Up $72,724 (+102%) from 2023

Revenue

Up

$72,724

Up $24,443 (+51%) from 2023

Expenses

Down

$0

Down $1,000 (-100%) from 2023

Net Income

Up

$72,724

Up $25,443 (+54%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2017: $1Liabilities 2017: $02017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $1Liabilities 2019: $02019Assets 2021: $18,380Liabilities 2021: $1,433Net Assets 2021: $16,9472021Assets 2022: $25,217Liabilities 2022: $1,432Net Assets 2022: $23,7852022Assets 2023: $72,769Liabilities 2023: $1,703Net Assets 2023: $71,0662023Assets 2024: $145,071Liabilities 2024: $1,281Net Assets 2024: $143,7902024

Highlighted filing

2024

Assets$145,071
Liabilities$1,281
Net Assets$143,790

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2017: $3,700Expenses 2017: $3,700Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2021: $1,336Expenses 2021: $4,004Net Income 2021: -$2,6682021Revenue 2022: $9,335Expenses 2022: $2,497Net Income 2022: $6,8382022Revenue 2023: $48,281Expenses 2023: $1,000Net Income 2023: $47,2812023Revenue 2024: $72,724Expenses 2024: $0Net Income 2024: $72,7242024

Highlighted filing

2024

Revenue$72,724
Expenses$0
Net Income$72,724

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$73,247
Mission and Program Overview

Mission

Facilitate provision of affordable housing through sponsorship of eligible non-profit organizations and investment in rental real estate partnerships for low income residents.

Program Services

DescriptionGrantsExpenses
TO PROVIDE SUPPORT TO NON-PROFIT OWNERS OF HUD-FINANCED RENTAL REAL ESTATE COMMUNITIES FOR LOW INCOME RESIDENTS.$0$0
THE ORGANIZATION IS A PARTNER IN SEVERAL PARTNERSHIPS THAT PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW INCOME INDIVIDUALS AND FAMILIES. IN 2023, THE ORGANIZATION ACQUIRED LIMITED PARTNER INTEREST IN LANDURA SPRUCE PINE, LLC.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ROBERT WATSONPresident/Director-$0--
WILLIAM OGBURNVice-President/Secretary/D-$0--
ANDREW MIDURAVice-President/Director-$0--
TERRI MIDURAVice-President-$0--
Filing and Contact Details

Filer

Filer Name
Tristate Affordable Housing Foundation
EIN
82-1627687
Phone
3367608100
Address
4623 COUNTRY CLUB ROAD, WINSTONSALEM, NC 27104

Signing Officer

Name
Robert Watson
Title
President
Phone
3367608100
Signed
2025-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Olga Oganesov
Phone
3362944494
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 688.

Form 990-ez, Part II, Line 24 - Other Assets

Description: investment in lic associates ix. Beg. Of year amount: 32,617. End of year amount: 87,377. Description: investment in paris apartments, ltd.. Beg. Of year amount: 18,372. End of year amount: 32,508. Description: investment in wickliffe rrh associates. Beg. Of year amount: 7,580. End of year amount: 10,904. Description: investment in landura spruce pine, llc. Beg. Of year amount: 147. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: investment in humboldt apartments, ltd.. Beg. Of year amount: 1,431. End of year amount: 877. Description: accounts payable. Beg. Of year amount: 272. End of year amount: 0. Description: investment in landura spruce pine, llc. Beg. Of year amount: 0. End of year amount: 404.

Raw XML Appendix172 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ROBERT WATSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRESIDENT/SECRETARY/D
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-PRESIDENT/DIRECTOR
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0FACILITATE PROVISION OF AFFORDABLE HOUSING THROUGH SPONSORSHIP OF ELIGIBLE NON-PROFIT ORGANIZATIONS AND INVESTMENT IN RENTAL REAL ESTATE PARTNERSHIPS FOR LOW INCOME RESIDENTS.
IRS990EZ/ProgramServiceRevenueAmt072559
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SUPPORT TO NON-PROFIT OWNERS OF HUD-FINANCED RENTAL REAL ESTATE COMMUNITIES FOR LOW INCOME RESIDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE ORGANIZATION IS A PARTNER IN SEVERAL PARTNERSHIPS THAT PROVIDE AFFORDABLE HOUSING TO QUALIFYING LOW INCOME INDIVIDUALS AND FAMILIES. IN 2023, THE ORGANIZATION ACQUIRED LIMITED PARTNER INTEREST IN LANDURA SPRUCE PINE, LLC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalRevenueAmt072724
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: CASH DATE: 06/04/20 AMOUNT: 20000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0892
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01593
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0131251
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0688
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 688.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: INVESTMENT IN LIC ASSOCIATES IX. BEG. OF YEAR AMOUNT: 32,617. END OF YEAR AMOUNT: 87,377. DESCRIPTION: INVESTMENT IN PARIS APARTMENTS, LTD.. BEG. OF YEAR AMOUNT: 18,372. END OF YEAR AMOUNT: 32,508. DESCRIPTION: INVESTMENT IN WICKLIFFE RRH ASSOCIATES. BEG. OF YEAR AMOUNT: 7,580. END OF YEAR AMOUNT: 10,904. DESCRIPTION: INVESTMENT IN LANDURA SPRUCE PINE, LLC. BEG. OF YEAR AMOUNT: 147. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INVESTMENT IN HUMBOLDT APARTMENTS, LTD.. BEG. OF YEAR AMOUNT: 1,431. END OF YEAR AMOUNT: 877. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 272. END OF YEAR AMOUNT: 0. DESCRIPTION: INVESTMENT IN LANDURA SPRUCE PINE, LLC. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 404.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT WATSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03367608100
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TRISTATE AFFORDABLE HOUSING FOUNDATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0TRIS
ReturnHeader/Filer/EIN0821627687
ReturnHeader/Filer/PhoneNum03367608100
ReturnHeader/Filer/USAddress/AddressLine1Txt04623 COUNTRY CLUB ROAD
ReturnHeader/Filer/USAddress/CityNm0WINSTONSALEM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd027104
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560571159
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD ROBINSON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 19608
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0274199608
ReturnHeader/PreparerPersonGrp/PhoneNum03362944494
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0OLGA OGANESOV
ReturnHeader/ReturnTs02025-05-15T09:27:06-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits