Civic Intelligence

More Housing Now

990 • Fiscal year 2023 • EIN 82-3199470

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 25, 2024

Organization ProfileMOREHOUSINGNOW.ORG
1300 SW Fifth Ave Ste 2400Portland, OR 97201

(503) 802-3600

Siviq Scores

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

Liabilities / Assets

99th percentile

3.04x

Higher debt load relative to assets than 99% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2023

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Source year 2023

Asset Growth

96th percentile

119%

Faster asset growth than 96% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

2023 filings • 501(c)4 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets99th percentile

Assets

Up

$456,649

Up $247,829 (+119%) from 2022

Net Assets

Down

-$932,985

Down $119,679 (-15%) from 2022

Liabilities

Up

$1,389,634

Up $367,508 (+36%) from 2022

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Down

$0

Down $245,000 (-100%) from 2022

Expenses

Down

$119,679

Down $170,351 (-59%) from 2022

Net Income

Down

-$119,679

Down $74,649 (-166%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2017: $265,059Liabilities 2017: $30,052Net Assets 2017: $235,0072017Assets 2018: $111,149Liabilities 2018: $108,640Net Assets 2018: $2,5092018Assets 2019: $5,872Liabilities 2019: $136,225Net Assets 2019: -$130,3532019Assets 2020: $159,937Liabilities 2020: $218,966Net Assets 2020: -$59,0292020Assets 2021: $58,786Liabilities 2021: $827,062Net Assets 2021: -$768,2762021Assets 2022: $208,820Liabilities 2022: $1,022,126Net Assets 2022: -$813,3062022Assets 2023: $456,649Liabilities 2023: $1,389,634Net Assets 2023: -$932,9852023Assets 2024: $372,074Liabilities 2024: $1,389,950Net Assets 2024: -$1,017,8762024

Highlighted filing

2023

Assets$456,649
Liabilities$1,389,634
Net Assets-$932,985
Open 2023 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0-$500K-$1.0MRevenue 2017: $346,721Expenses 2017: $111,714Net Income 2017: $235,0072017Revenue 2018: $528,618Expenses 2018: $761,116Net Income 2018: -$232,4982018Revenue 2019: $468,824Expenses 2019: $601,686Net Income 2019: -$132,8622019Revenue 2020: $313,447Expenses 2020: $242,123Net Income 2020: $71,3242020Revenue 2021: $112,500Expenses 2021: $802,747Net Income 2021: -$690,2472021Revenue 2022: $245,000Expenses 2022: $290,030Net Income 2022: -$45,0302022Revenue 2023: $0Expenses 2023: $119,679Net Income 2023: -$119,6792023Revenue 2024: $0Expenses 2024: $79,891Net Income 2024: -$79,8912024

Highlighted filing

2023

Revenue$0
Expenses$119,679
Net Income-$119,679
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 25, 2024
Return Version
2023v5.1
Gross Receipts
$0
Mission and Program Overview

Mission

The organizations mission is to promote and maintain healthy housing policy in an effort to ensure adequate and uninterrupted supply.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$203,820$451,649▲ $247,829
Accounts Receivable$5,000$5,000→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-813,306$-932,985▼ $119,679
Total Assets$208,820$456,649▲ $247,829
Liabilities
Accounts Payable and Accrued Expenses$1,022,126$1,139,634▲ $117,508
Mortgage Notes Payable Secured by Investment Property$0$250,000▲ $250,000
Total Liabilities$1,022,126$1,389,634▲ $367,508
Net Assets / Fund Balance
Total Net Assets Fund Balance$-813,306$-932,985▼ $119,679
Total Liabilities and Net Assets / Fund Balance$208,820$456,649▲ $247,829
Compensation and Service Providers
Top Officer Pay87th percentile

Board Members and Trustees

NameTitle
Thomas BrennekePresident
Greg FrickMember
Tyler JohnsonMember
Jeff ReingoldSecretary-treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Davis Wright Tremaine LllpLegal Services1300 SW FIFTH AVENUE SUITE 2400, Portland, OR 97201$114,897
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-119,679
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$119,679
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$114,897--$114,897
Interest$2,215--$2,215
Insurance$1,583--$1,583
Other Expenses$150--$150
Total Functional Expenses$119,679$0$0$119,679
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 return is made available to the board prior to filing. An officer reviews the 990 prior to signature.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
More Housing Now
EIN
82-3199470
Phone
5038023600
Address
1300 SW FIFTH AVE STE 2400, PORTLAND, OR 97201

Signing Officer

Name
Thomas Brenneke
Title
President
Phone
5038023600
Signed
2024-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Brenneke
Formed
2017
Legal Domicile
Or
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Eag Affordable Housing LLC
Address
3595 GRANDVIEW PARKWAY STE 500, BIRMINGHAM, AL 35243
Preparer
Joel T Mcdowell
Phone
2058221010
Raw XML Appendix306 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.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt05000
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TOM BRENNEKE
IRS990/BooksInCareOfDetail/PhoneNum05038023600
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01300 SW FIFTH AVE STE 2400
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0THOMAS BRENNEKE
IRS990/Form990PartVIISectionAGrp/PersonNm1JEFF REINGOLD
IRS990/Form990PartVIISectionAGrp/PersonNm2GREG FRICK
IRS990/Form990PartVIISectionAGrp/PersonNm3TYLER JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY-TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
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IRS990/Form990ProvidedToGvrnBodyInd00
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IRS990/FormerOfcrEmployeesListedInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt00
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01583
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
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IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0250000
IRS990/NetAssetsOrFundBalancesBOYAmt0-813306
IRS990/NetAssetsOrFundBalancesEOYAmt0-932985
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0POSTAGE EXPENSES
IRS990/OtherExpensesGrp/Desc1SPECIAL PROJECTS
IRS990/OtherExpensesGrp/Desc2OTHER TAXES
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PoliticalCampaignActyInd00
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IRS990/PYBenefitsPaidToMembersAmt00
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0468824
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0245000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 RETURN IS MADE AVAILABLE TO THE BOARD PRIOR TO FILING. AN OFFICER REVIEWS THE 990 PRIOR TO SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
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IRS990/VotingMembersGoverningBodyCnt04
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IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS BRENNEKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05038023600
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MORE HOUSING NOW
ReturnHeader/Filer/BusinessNameControlTxt0MORE
ReturnHeader/Filer/EIN0823199470
ReturnHeader/Filer/PhoneNum05038023600
ReturnHeader/Filer/USAddress/AddressLine1Txt01300 SW FIFTH AVE STE 2400
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0991781118
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EAG AFFORDABLE HOUSING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03595 GRANDVIEW PARKWAY STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02058221010
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL T MCDOWELL
ReturnHeader/ReturnTs02024-09-26T13:17:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$456,649
Liabilities
$1,389,634
Net assets
-$932,985
Revenue
$0
Expenses
$119,679
Net income
-$119,679
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.37$1.39$1.02$0.00$0.08$0.08
2023Detailed filing. Detailed filing data is available for this year.$0.46$1.39$0.93$0.00$0.12$0.12
2022Detailed filing. Detailed filing data is available for this year.$0.21$1.02$0.81$0.25$0.29$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.06$0.83$0.77$0.11$0.80$0.69
2020Detailed filing. Detailed filing data is available for this year.$0.16$0.22$0.06$0.31$0.24$0.07
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.14$0.13$0.47$0.60$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.11$0.00$0.53$0.76$0.23
2017Detailed filing. Detailed filing data is available for this year.$0.27$0.03$0.24$0.35$0.11$0.24