Civic Intelligence

Allied Housing Inc

EIN 84-0584939 • 501(c)3 • Denver, CO

Profile

To provide life-enriching experiences to older adults through a broad range of housing and support services that reflect the spiritual, social, and cultural values of jewish tradition.

22 South Adams StreetDenver, CO 80209

www.kavodseniorlife.org

Siviq Scores

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

Liabilities / Assets

48th percentile

0.06x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.16x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

81st percentile

31%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

95th percentile

$276,327

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 44.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

73rd percentile

15%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.6%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,672,644

Up $467,367 (+15%) from 2023

Liabilities

Up

$205,274

Up $69,602 (+51%) from 2023

Net Assets

Up

$3,467,370

Up $397,765 (+13%) from 2023

Revenue

Up

$1,268,329

Up $89,163 (+7.6%) from 2023

Expenses

Up

$870,564

Up $181,400 (+26%) from 2023

Net Income

Down

$397,765

Down $92,237 (-19%) from 2023

Trend Graphs

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,956,546Liabilities 2010: $2,751,332Net Assets 2010: $1,205,2142010Assets 2011: $63,734Liabilities 2011: $4,890Net Assets 2011: $58,8442011Assets 2012: $263,155Liabilities 2012: $23,760Net Assets 2012: $239,3952012Assets 2013: $1,751,313Liabilities 2013: $335,148Net Assets 2013: $1,416,1652013Assets 2014: $2,027,476Liabilities 2014: $430,438Net Assets 2014: $1,597,0382014Assets 2015: $2,719,357Liabilities 2015: $571,359Net Assets 2015: $2,147,9982015Assets 2016: $1,855,102Liabilities 2016: $53,117Net Assets 2016: $1,801,9852016Assets 2017: $2,007,362Liabilities 2017: $92,344Net Assets 2017: $1,915,0182017Assets 2018: $1,970,175Liabilities 2018: $2,632Net Assets 2018: $1,967,5432018Assets 2019: $2,036,378Liabilities 2019: $6,030Net Assets 2019: $2,030,3482019Assets 2020: $2,981,517Liabilities 2020: $902,911Net Assets 2020: $2,078,6062020Assets 2021: $3,349,141Liabilities 2021: $903,892Net Assets 2021: $2,445,2492021Assets 2022: $2,759,078Liabilities 2022: $391,202Net Assets 2022: $2,367,8762022Assets 2023: $3,205,277Liabilities 2023: $135,672Net Assets 2023: $3,069,6052023Assets 2024: $3,672,644Liabilities 2024: $205,274Net Assets 2024: $3,467,3702024

Highlighted filing

2024

Assets$3,672,644
Liabilities$205,274
Net Assets$3,467,370

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,519,4532010Revenue 2011: $3,147,193Expenses 2011: $3,930,466Net Income 2011: -$783,2732011Revenue 2012: $1,524,421Expenses 2012: $1,343,871Net Income 2012: $180,5502012Revenue 2013: $2,610,507Expenses 2013: $1,433,737Net Income 2013: $1,176,7702013Revenue 2014: $825,868Expenses 2014: $644,996Net Income 2014: $180,8722014Revenue 2015: $1,325,592Expenses 2015: $772,226Net Income 2015: $553,3662015Revenue 2016: $533,129Expenses 2016: $879,184Net Income 2016: -$346,0552016Revenue 2017: $930,890Expenses 2017: $817,826Net Income 2017: $113,0642017Revenue 2018: $752,488Expenses 2018: $699,963Net Income 2018: $52,5252018Revenue 2019: $774,814Expenses 2019: $712,009Net Income 2019: $62,8052019Revenue 2020: $988,075Expenses 2020: $939,817Net Income 2020: $48,2582020Revenue 2021: $1,131,190Expenses 2021: $764,670Net Income 2021: $366,5202021Revenue 2022: $619,115Expenses 2022: $696,488Net Income 2022: -$77,3732022Revenue 2023: $1,179,166Expenses 2023: $689,164Net Income 2023: $490,0022023Revenue 2024: $1,268,329Expenses 2024: $870,564Net Income 2024: $397,7652024

Highlighted filing

2024

Revenue$1,268,329
Expenses$870,564
Net Income$397,765

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.67$0.21$3.47$1.27$0.87$0.40
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.21$0.14$3.07$1.18$0.69$0.49
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.39$2.37$0.62$0.70$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.35$0.90$2.45$1.13$0.76$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.98$0.90$2.08$0.99$0.94$0.05
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.04$0.01$2.03$0.77$0.71$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.97$0.00$1.97$0.75$0.70$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.01$0.09$1.92$0.93$0.82$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.05$1.80$0.53$0.88$0.35
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.57$2.15$1.33$0.77$0.55
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.43$1.60$0.83$0.64$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.75$0.34$1.42$2.61$1.43$1.18
2012Summary only. Only limited summary data is available for this year.$0.26$0.02$0.24$1.52$1.34$0.18
2011Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$3.15$3.93$0.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$2.75$1.21$4.52
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$661,447
Mission and Program Overview

Mission

To provide life-enriching experiences to older adults through a broad range of housing and support services that reflect the spiritual, social, and cultural values of jewish tradition.

Provide housing and support services to low income seniors

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$1,327,312-
Investments in Publicly Traded Securities$808,547--
Savings and Temporary Cash Investments$273,679--
Investments Program Related$109,885$109,395▼ $490
Pledges and Grants Receivable$81,200--
Accounts Receivable$1,800--
Total Assets$3,349,141$2,759,078▼ $590,063
Other Assets Total$2,074,030$1,322,371▼ $751,659
Liabilities
Accounts Payable and Accrued Expenses$1,085$337,202▲ $336,117
Other Liabilities$902,807$54,000▼ $848,807
Total Liabilities$903,892$391,202▼ $512,690
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,328,864$2,321,649▼ $7,215
Net Assets With Donor Restrictions$116,385$46,227▼ $70,158
Total Net Assets Fund Balance$2,445,249$2,367,876▼ $77,373
Total Liabilities and Net Assets / Fund Balance$3,349,141$2,759,078▼ $590,063

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$53,932--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael KleinPresident/CEOPT$276,327-$276,327
Mike BelieuChief Financial OfficerFT$155,709$7,432$163,141
Tracy KapaunChief Operating OfficerFT$137,641-$137,641

Board Members and Trustees

NameTitle
Molly ZwerdlingerChair
Cary ChapmanKavod Senior Life Member
Elaine WolfKavod Senior Life Member
Frances SternKavod Senior Life Member
Hazel MelmedKavod Senior Life Member
Jacqueline Cooper MelmedKavod Senior Life Member
Joan BeldockKavod Senior Life Member
Kim Schneider MalekKavod Senior Life Member
Lee MendelKavod Senior Life Member
Mike SidonKavod Senior Life Member
Morey PerlmutterKavod Senior Life Member
Rick BoxerKavod Senior Life Member
Robert LoupKavod Senior Life Member
Sharon RothKavod Senior Life Member
Ted CooperKavod Senior Life Member
Alexandra ManneringsMember
Brian BotnickMember
David ZatermanMember
Ellen AbramsMember
Gary SaltzmanMember
Jamie SarcheMember
Jan SchorrMember
Joe DubroffMember
Joey SimonMember
Liv RodiMember
Melanie SiegelMember
Ondalee KlineMember
Rob FriedmanMember
Steve SummerMember
Yolanda WebbMember
Scott FisherMember/at-large
Sharon CaulfieldSecretary
Connell SaltzmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$395,797
Program Service Revenue
$238,310
Investment Income
$8,937
Other Revenue
$-23,929
All Other Contributions
$235,815
Change in Net Assets
$-77,373

Audited Revenue Reconciliation

Revenue per Audited Statements
$619,115
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$42,332
Total Revenue per Audited Statements
$661,447
Total Revenue per Form 990
$619,115
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$577,110
Other Expenses$119,378
Total Fundraising Expense$16,326
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$490,889$73,466$12,755$577,110
Fees for Services Other$147,641$22,096$3,836$173,573
Office Expenses$47,699$7,212$1,239$56,150
Other Expenses$-111,177$-16,639$-2,889$-130,705
Total Functional Expenses$628,378$51,784$16,326$696,488

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$738,820
Expenses per Audited Statements$696,488
Total Expenses per Form 990$696,488
Expenses Not Reported on Form 990$42,332
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$42,332
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Meeting$159,982-$8,495-
Total Events$159,982-$42,332$-42,332
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation Plan$54,000
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 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
Yes
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

The 990 is reviewed in detail by the chief financial officer adn the board treasurer and is also made available to board members upon request before filing with the irs.

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

The conflict of interest policy covers all board members, officers, and employees of the organization. The executive director and key members of management consistently monitor contracts and vendors the organization is using to ensure that there are no conflicts of interest violations with their governing body. If a conflict of interest does exist, the individual with the conflict is excluded from deliberations and voting on the matter.

Form 990, Part VI, Section B, Line 15A

Each year the human resource director gathers comparable salary data for the president/ceo from organizations of similar size regionally and nationally. This information is provided to the executive committee who overseas the annual performance appraisal of the president/ceo. Each year the comittee determines an overall compensation package based on performance and the market comparison data. In addition, for key management positions, the human resources director gathers comparable salary data. The president/ceo determines compensation for key management positions annually and communicates this to the excecutive committee for final approval.

Form 990, Part VI, Section C, Line 19

Governing documents and form 990 are available upon request.

FORM 990, PART VII AND 990 PART IX, LINE 5:

Compensation and benefit amounts reported on form 990, part ix, line 5 do not tie in total to what is reported on form 990, part vii. The difference in reporting relates to intercompany transactions and reporting between the organization and its related entities.

Filing and Contact Details

Filer

Filer Name
Allied Housing Inc
EIN
84-0584939
Phone
3033991146
Address
22 SOUTH ADAMS STREET, DENVER, CO 80209
Doing Business As
Kavod Senior Life

Signing Officer

Name
Michael Klein
Title
President/CEO
Phone
3033991146
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Klein
Formed
1968
Legal Domicile
Co
Voting Board Members
19
Independent Board Members
19
Employees
121
Volunteers
178

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Professional services: program service expenses 147,641. Management and general expenses 22,096. Fundraising expenses 3,836. Total expenses 173,573.

Financial Statement Notes

PART X, LINE 2:

Allied housing, inc. Is organised as a colorado nonprofit corporation and has been recognized by the irs as exempt from federal income taxes under irc section 501(a) as an organization described in irc section 501(c)(3), qualifies for the charitable contribution deduction, and has been determined not to be private foundation. Allied housing, inc. Is annually required to file a return of organization exempt from tax (form 990) with the irs. In addition, the organization is subject to income tax on net income that is derived from business activities taht are unrelated to its exempt purpose. Allied housing, inc. Has determined that it is not subject ot unrelated business income tax and has not filed an exempt organization business income tax return (form 990-t) with the irs.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising adjustment 42,332.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising adjustment 42,332.

Raw XML AppendixShowing 400 of 823 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01085
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0337202
IRS990/AccountsReceivableGrp/BOYAmt01800
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE HOUSING AND SUPPORT SERVICES TO LOW INCOME SENIORS
IRS990/AllOtherContributionsAmt0235815
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MICHAEL BELIEU
IRS990/BooksInCareOfDetail/PhoneNum03033991146
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt022 SOUTH ADAMS STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DENVER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
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IRS990/Desc0ALLIED HOUSING, INC. OWNS A 1% INTEREST IN THREE APARTMENT BUILDINGS THAT PROVIDE LOW INCOME HOUSING AND SERVICES FOR THE ELDERLY IN DENVER, COLORADO. OUR GOAL IS TO SERVE OUR RESIDENTS AS WELL AS THE COMMUNITY THROUGH AN ON-SITE HEALTH AND WELLNESS CENTER OFFERING PHYSICAL THERAPY, EXERCISE AND HEALTHY LIVING CLASSES; MEDICAL CLINICS; AND PROVIDING EDUCATIONAL AND LIFE-ENRICHMENT PROGRAMS TO ACTIVE OLDER ADULTS THROUGH KAVOD ON THE ROAD.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd30X
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IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN BOTNICK
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARON CAULFIELD
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IRS990/Form990PartVIISectionAGrp/PersonNm6JOE DUBROFF
IRS990/Form990PartVIISectionAGrp/PersonNm7ROB FRIEDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm8SCOTT FISHER
IRS990/Form990PartVIISectionAGrp/PersonNm9LIV RODI
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IRS990/Form990PartVIISectionAGrp/PersonNm11JOEY SIMON
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMIE SARCHE
IRS990/Form990PartVIISectionAGrp/PersonNm13GARY SALTZMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14JAN SCHORR
IRS990/Form990PartVIISectionAGrp/PersonNm15MELANIE SIEGEL
IRS990/Form990PartVIISectionAGrp/PersonNm16DAVID ZATERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm17ALEXANDRA MANNERINGS
IRS990/Form990PartVIISectionAGrp/PersonNm18JOAN BELDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm19FRANCES STERN
IRS990/Form990PartVIISectionAGrp/PersonNm20YOLANDA WEBB
IRS990/Form990PartVIISectionAGrp/PersonNm21RICK BOXER
IRS990/Form990PartVIISectionAGrp/PersonNm22CARY CHAPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm23TED COOPER
IRS990/Form990PartVIISectionAGrp/PersonNm24HAZEL MELMED
IRS990/Form990PartVIISectionAGrp/PersonNm25JACQUELINE COOPER MELMED
IRS990/Form990PartVIISectionAGrp/PersonNm26ROBERT LOUP
IRS990/Form990PartVIISectionAGrp/PersonNm27LEE MENDEL
IRS990/Form990PartVIISectionAGrp/PersonNm28MOREY PERLMUTTER
IRS990/Form990PartVIISectionAGrp/PersonNm29SHARON ROTH
IRS990/Form990PartVIISectionAGrp/PersonNm30KIM SCHNEIDER MALEK
IRS990/Form990PartVIISectionAGrp/PersonNm31MIKE SIDON
IRS990/Form990PartVIISectionAGrp/PersonNm32ELAINE WOLF
IRS990/Form990PartVIISectionAGrp/PersonNm33MICHAEL KLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm34MIKE BELIEU
IRS990/Form990PartVIISectionAGrp/PersonNm35TRACY KAPAUN
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IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER/AT-LARGE
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IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt21KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt22KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt24KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt25KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt26KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt30KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt31KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt32KAVOD SENIOR LIFE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt33PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt34CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt35CHIEF OPERATING OFFICER
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IRS990/MissionDesc0TO PROVIDE LIFE-ENRICHING EXPERIENCES TO OLDER ADULTS THROUGH A BROAD RANGE OF HOUSING AND SUPPORT SERVICES THAT REFLECT THE SPIRITUAL, SOCIAL, AND CULTURAL VALUES OF JEWISH TRADITION.
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02074030

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