Civic Intelligence

Greccio Housing Unlimited Inc.

990 • Fiscal year 2018 • EIN 84-1158819

Aug 01, 2017 to Jul 31, 2018 • Filed on May 15, 2019

Organization ProfileWWW.GRECCIO.ORG
1015 E Pikes Peak Ave Ste 110Colorado Springs, CO 80903

(719) 475-1422

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.98x

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

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

Liabilities / Revenue

94th percentile

4.88x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

28th percentile

-2.1%

Higher net margin than 28% of similar nonprofits.

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

Top Officer Pay

20th percentile

$95,958

Higher top officer pay than 20% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

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

Asset Growth

49th percentile

1.7%

Faster asset growth than 49% of similar nonprofits.

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

Revenue Growth

16th percentile

-14%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$15,550,268

Up $258,635 (+1.7%) from 2017

Net Assets

Down

$270,490

Down $23,745 (-8.1%) from 2017

Liabilities

Up

$15,279,778

Up $282,380 (+1.9%) from 2017

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin28th percentile

Revenue

Down

$3,134,045

Down $492,360 (-14%) from 2017

Expenses

Up

$3,199,065

Up $194,179 (+6.5%) from 2017

Net Income

Down

-$65,020

Down $686,539 (-110%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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

$30M$20M$10M$0-$10MAssets 2010: $8,429,798Liabilities 2010: $8,098,556Net Assets 2010: $331,2422010Assets 2011: $8,090,103Liabilities 2011: $8,235,744Net Assets 2011: -$145,6412011Assets 2012: $10,244,444Liabilities 2012: $10,736,990Net Assets 2012: -$492,5462012Assets 2013: $11,841,568Liabilities 2013: $12,328,088Net Assets 2013: -$486,5202013Assets 2014: $14,126,925Liabilities 2014: $14,700,132Net Assets 2014: -$573,2072014Assets 2015: $14,323,948Liabilities 2015: $14,970,826Net Assets 2015: -$646,8782015Assets 2016: $15,113,334Liabilities 2016: $15,523,170Net Assets 2016: -$409,8362016Assets 2017: $15,291,633Liabilities 2017: $14,997,398Net Assets 2017: $294,2352017Assets 2018: $15,550,268Liabilities 2018: $15,279,778Net Assets 2018: $270,4902018Assets 2019: $15,352,932Liabilities 2019: $15,041,472Net Assets 2019: $311,4602019Assets 2020: $17,249,097Liabilities 2020: $16,699,971Net Assets 2020: $549,1262020Assets 2021: $17,205,501Liabilities 2021: $16,239,450Net Assets 2021: $966,0512021Assets 2022: $18,516,537Liabilities 2022: $17,262,794Net Assets 2022: $1,253,7432022Assets 2023: $20,340,788Liabilities 2023: $17,180,408Net Assets 2023: $3,160,3802023Assets 2024: $21,506,369Liabilities 2024: $17,325,038Net Assets 2024: $4,181,3312024

Highlighted filing

2018

Assets$15,550,268
Liabilities$15,279,778
Net Assets$270,490
Open 2018 Filing

Operations Trend

Revenue Growth16th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $2,027,4872010Expenses 2011: $2,018,7402011Expenses 2012: $2,121,9662012Expenses 2013: $2,440,7872013Revenue 2014: $2,527,960Expenses 2014: $2,629,020Net Income 2014: -$101,0602014Revenue 2015: $2,935,048Expenses 2015: $2,997,822Net Income 2015: -$62,7742015Revenue 2016: $3,283,071Expenses 2016: $3,026,499Net Income 2016: $256,5722016Revenue 2017: $3,626,405Expenses 2017: $3,004,886Net Income 2017: $621,5192017Revenue 2018: $3,134,045Expenses 2018: $3,199,065Net Income 2018: -$65,0202018Revenue 2019: $3,402,558Expenses 2019: $3,361,588Net Income 2019: $40,9702019Revenue 2020: $3,606,298Expenses 2020: $3,368,632Net Income 2020: $237,6662020Revenue 2021: $4,361,169Expenses 2021: $3,944,244Net Income 2021: $416,9252021Revenue 2022: $4,502,190Expenses 2022: $4,214,498Net Income 2022: $287,6922022Revenue 2023: $4,879,767Expenses 2023: $4,736,145Net Income 2023: $143,6222023Revenue 2024: $6,579,511Expenses 2024: $5,558,560Net Income 2024: $1,020,9512024

Highlighted filing

2018

Revenue$3,134,045
Expenses$3,199,065
Net Income-$65,020
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2017 to Jul 31, 2018
Signed
May 15, 2019
Return Version
2017v2.3
Gross Receipts
$3,134,275
Mission and Program Overview

Mission

Affordable housing to low-income citizens including supportive resources for housing stability.

To preserve, develop, and mantain quality affordable housing that supports a sense of community in the pikes peak region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$14,445,386$14,711,472▲ $266,086
Cash and Non-Interest-Bearing Accounts$640,253$661,188▲ $20,935
Prepaid Expenses and Deferred Charges$26,722$55,048▲ $28,326
Pledges and Grants Receivable$115,641$54,313▼ $61,328
Investments Program Related$27,720$36,526▲ $8,806
Accounts Receivable$23,713$23,622▼ $91
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$15,291,633$15,550,268▲ $258,635
Other Assets Total$12,198$8,099▼ $4,099
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,728,852$11,196,089▲ $2,467,237
Other Liabilities$3,852,615$3,813,857▼ $38,758
Tax Exempt Bond Liabilities$2,226,384$0▼ $2,226,384
Accounts Payable and Accrued Expenses$140,434$216,770▲ $76,336
Deferred Revenue$49,113$53,062▲ $3,949
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$14,997,398$15,279,778▲ $282,380
Net Assets / Fund Balance
Unrestricted Net Assets$157,514$239,400▲ $81,886
Temporarily Rstr Net Assets$136,721$31,090▼ $105,631
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$294,235$270,490▼ $23,745
Total Liabilities and Net Assets / Fund Balance$15,291,633$15,550,268▲ $258,635

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$12,556,931$5,930,999$18,487,930
Land$2,022,296-$2,022,296
Equipment$132,245$184,870$317,115
Compensation and Service Providers
Top Officer Pay20th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lee PatkeExecutive DirectorFT$95,958$95,958

Board Members and Trustees

NameTitle
Braden HammondPresident
Mike HeritageVice President
Aaron ConwayBoard Member
Bart GivenBoard Member
Chris NervigBoard Member
Jack HoodBoard Member
Kelly MannixBoard Member
Kerry EgelstonBoard Member
Lyndsay ResslerBoard Member
Robert WilsonBoard Member
Steve OgleBoard Member
Thea PlattSecretary
Zach BunneyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$492,955
Program Service Revenue
$2,502,053
Investment Income
$960
Other Revenue
$138,077
All Other Contributions
$218,534
Change in Net Assets
$-65,020

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$239,546Fair Market Value (FMV)
Other Non Cash Contri Table1$125,326Cost
Total Noncash Contributions1$364,872-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,134,045
Revenue Not Reported on Form 990
$41,505
Total Revenue per Audited Statements
$3,175,550
Total Revenue per Form 990
$3,134,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,168,560
Salaries, Compensation, and Employee Benefits$994,182
Total Fundraising Expense$110,081
Grants and Similar Amounts Paid$36,323
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$603,634$47,242$56,041$706,917
Depreciation Depletion$602,943$8,295$3,212$614,450
Interest$328,598$4,424$3,700$336,722
All Other Expenses$226,619$4,724$8,971$240,314
Insurance$161,310$3,059$1,177$165,546
Other Employee Benefits$105,338$9,641$10,244$125,223
Current Officers, Directors, Trustees, and Key Employees$73,832$14,766$9,844$98,442
Payroll Taxes$53,500$4,897$5,203$63,600
Office Expenses$39,291$16,674$1,862$57,827
Fees for Services Accounting$37,257$3,410$3,623$44,290
Grants to Domestic Individuals$36,323--$36,323
Other Expenses$26,630$2,437$2,590$31,657
Fees for Services Legal$22,909$102$108$23,119
Travel$18,819$261$277$19,357
Total Functional Expenses$2,964,204$124,780$110,081$3,199,065

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,199,295
Expenses per Audited Statements$3,199,065
Total Expenses per Form 990$3,199,065
Expenses Not Reported on Form 990$230
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,510
Fundraising Direct Expenses$230
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Robert WilsonBoard MemberLegal feesNo$951

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Conditional Grants$3,659,489
Deposits$154,368
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
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, Section B, Line 11

“The board reviews the form 990 before it is filed.”

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

“The board of directors reviews and sets salary levels.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
Greccio Housing Unlimited Inc
EIN
84-1158819
In Care Of
% THE ORGANIZATION
Phone
7194751422
Address
1015 E PIKES PEAK AVE STE 110, COLORADO SPRINGS, CO 80903

Signing Officer

Name
R Lee Patke Jr
Title
Executive Director
Phone
7196301186
Signed
2019-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
R Lee Patke Jr
Formed
1990
Legal Domicile
Co
Voting Board Members
14
Independent Board Members
13
Employees
32
Volunteers
497

Preparer

Firm
Stockman Kast Ryan & Co Llp
Address
102 N CASCADE AVENUE SUITE 400, COLORADO SPRINGS, CO 80903
Preparer
Doreen B Merz
Phone
7196301186
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 6

“Volunteer hours used for part i line 6.”

Form 990, Part XI, Line 9

“Gain on interest rate swap agreement: $41,275”

Financial Statement Notes

Sch D part X line 2

“Greccio is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and qualify for the charitable contribution deduction. Greccio believes that it does not have any uncertain tax positions that are material to the financial statements. Greccio's income tax returns for the years ended July 31, 2015 through the current period remain open to examination by the Internal Revenue Service and relevant state authorities.”

Sch. D Part XI line 2D

“Change in FMV of swap agreement: 41,275 Fundraising Expenses: 230 Total: 41,505”

Sch. D Part XII line 2D

“Fundraising Expenses - 230”

Raw XML AppendixShowing 400 of 627 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0140434
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0216770
IRS990/AccountsReceivableGrp/BOYAmt023713
IRS990/AccountsReceivableGrp/EOYAmt023622
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PRESERVE, DEVELOP, AND MANTAIN QUALITY AFFORDABLE HOUSING THAT SUPPORTS A SENSE OF COMMUNITY IN THE PIKES PEAK REGION.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0218534
IRS990/AllOtherExpensesGrp/FundraisingAmt08971
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04724
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0226619
IRS990/AllOtherExpensesGrp/TotalAmt0240314
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum07194751422
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01808 WEST COLORADO AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0Colorado Springs
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CO
IRS990/BooksInCareOfDetail/USAddress/ZIPCd080904
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0640253
IRS990/CashNonInterestBearingGrp/EOYAmt0661188
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt09844
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt014766
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt073832
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt098442
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0492955
IRS990/CYGrantsAndSimilarPaidAmt036323
IRS990/CYInvestmentIncomeAmt0960
IRS990/CYOtherExpensesAmt02168560
IRS990/CYOtherRevenueAmt0138077
IRS990/CYProgramServiceRevenueAmt02502053
IRS990/CYRevenuesLessExpensesAmt0-65020
IRS990/CYSalariesCompEmpBnftPaidAmt0994182
IRS990/CYTotalExpensesAmt03199065
IRS990/CYTotalFundraisingExpenseAmt0110081
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03134045
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt049113
IRS990/DeferredRevenueGrp/EOYAmt053062
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/FundraisingAmt03212
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08295
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0602943
IRS990/DepreciationDepletionGrp/TotalAmt0614450
IRS990/Desc0TO PROVIDE SAFE, STABLE, AFFORDABLE HOUSING, AND TO CREATE SUPPORTIVE OPPURTUNITIES AND SERVICES FOR THEIR RESIDENTS AND TO ENHANCE THEIR INDIVIDUAL GROWTH.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt032
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt02964204
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/FundraisingAmt03623
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03410
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt037257
IRS990/FeesForServicesAccountingGrp/TotalAmt044290
IRS990/FeesForServicesLegalGrp/FundraisingAmt0108
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0102
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt022909
IRS990/FeesForServicesLegalGrp/TotalAmt023119
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd9X
IRS990/Form990PartVIISectionAGrp/OfficerInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd13X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0Braden Hammond
IRS990/Form990PartVIISectionAGrp/PersonNm1Mike Heritage
IRS990/Form990PartVIISectionAGrp/PersonNm2Thea Platt
IRS990/Form990PartVIISectionAGrp/PersonNm3Zach Bunney
IRS990/Form990PartVIISectionAGrp/PersonNm4Bart Given
IRS990/Form990PartVIISectionAGrp/PersonNm5Chris Nervig
IRS990/Form990PartVIISectionAGrp/PersonNm6Jack Hood
IRS990/Form990PartVIISectionAGrp/PersonNm7Kerry Egelston
IRS990/Form990PartVIISectionAGrp/PersonNm8Lyndsay Ressler
IRS990/Form990PartVIISectionAGrp/PersonNm9Steve Ogle
IRS990/Form990PartVIISectionAGrp/PersonNm10Kelly Mannix
IRS990/Form990PartVIISectionAGrp/PersonNm11Robert Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm12Aaron Conway
IRS990/Form990PartVIISectionAGrp/PersonNm13Lee Patke
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1395958
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Executive Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt0230
IRS990/FundraisingGrossIncomeAmt014510
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0274421
IRS990/GrantAmt036323
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt036323
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt036323
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03134275
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt01177
IRS990/InsuranceGrp/ManagementAndGeneralAmt03059
IRS990/InsuranceGrp/ProgramServicesAmt0161310
IRS990/InsuranceGrp/TotalAmt0165546
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt03700
IRS990/InterestGrp/ManagementAndGeneralAmt04424
IRS990/InterestGrp/ProgramServicesAmt0328598
IRS990/InterestGrp/TotalAmt0336722
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0960
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0960
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt027720
IRS990/InvestmentsProgramRelatedGrp/EOYAmt036526
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt021
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt06115869
IRS990/LandBldgEquipBasisNetGrp/BOYAmt014445386
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014711472
IRS990/LandBldgEquipCostOrOtherBssAmt020827341
IRS990/LegalDomicileStateCd0CO
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PRESERVE, DEVELOP, AND MANTAIN QUALITY AFFORDABLE HOUSING THAT SUPPORTS A SENSE OF COMMUNITY IN THE PIKES PEAK REGION.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08728852
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011196089
IRS990/NetAssetsOrFundBalancesBOYAmt0294235
IRS990/NetAssetsOrFundBalancesEOYAmt0270490
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt014280
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt014280
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt023278
IRS990/NoncashContributionsAmt0364872
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/FundraisingAmt01862
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016674
IRS990/OfficeExpensesGrp/ProgramServicesAmt039291
IRS990/OfficeExpensesGrp/TotalAmt057827
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012198
IRS990/OtherAssetsTotalGrp/EOYAmt08099
IRS990/OtherChangesInNetAssetsAmt041275
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt010244
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09641
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0105338
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0125223
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1GENERAL MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3CONTRACT EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt0810
IRS990/OtherExpensesGrp/FundraisingAmt12419
IRS990/OtherExpensesGrp/FundraisingAmt22590
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02106
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12742
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt22437
IRS990/OtherExpensesGrp/ProgramServicesAmt0309097
IRS990/OtherExpensesGrp/ProgramServicesAmt1282441
IRS990/OtherExpensesGrp/ProgramServicesAmt235663
IRS990/OtherExpensesGrp/ProgramServicesAmt326630
IRS990/OtherExpensesGrp/TotalAmt0312013
IRS990/OtherExpensesGrp/TotalAmt1287602
IRS990/OtherExpensesGrp/TotalAmt235663
IRS990/OtherExpensesGrp/TotalAmt331657
IRS990/OtherLiabilitiesGrp/BOYAmt03852615
IRS990/OtherLiabilitiesGrp/EOYAmt03813857
IRS990/OtherRevenueMiscGrp/BusinessCd0561000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc1DEVELOPER FEE/COMMISSION
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt03647
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1120150
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03647
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1120150
IRS990/OtherRevenueTotalAmt0123797
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt056041
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt047242
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0603634
IRS990/OtherSalariesAndWagesGrp/TotalAmt0706917
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05203
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04897
IRS990/PayrollTaxesGrp/ProgramServicesAmt053500
IRS990/PayrollTaxesGrp/TotalAmt063600
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0115641
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt054313
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026722
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt055048
IRS990/PrincipalOfficerNm0R LEE PATKE JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING FOR LOW TO MOD
IRS990/ProgramServiceRevenueGrp/Desc1PARTNERSHIP INVESTMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02361373
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt114306
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02487747
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt114306
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0126374
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0716255
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt041409
IRS990/PYInvestmentIncomeAmt0430973
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02019632
IRS990/PYOtherRevenueAmt0173308
IRS990/PYProgramServiceRevenueAmt02305869

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$15,550,268
Liabilities
$15,279,778
Net assets
$270,490
Revenue
$3,134,045
Expenses
$3,199,065
Net income
-$65,020
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.5$17.3$4.18$6.58$5.56$1.02
2023Detailed filing. Detailed filing data is available for this year.$20.3$17.2$3.16$4.88$4.74$0.14
2022Detailed filing. Detailed filing data is available for this year.$18.5$17.3$1.25$4.50$4.21$0.29
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.2$16.2$0.97$4.36$3.94$0.42
2020Detailed filing. Detailed filing data is available for this year.$17.2$16.7$0.55$3.61$3.37$0.24
2019Detailed filing. Detailed filing data is available for this year.$15.4$15.0$0.31$3.40$3.36$0.04
2018Detailed filing. Detailed filing data is available for this year.$15.6$15.3$0.27$3.13$3.20$0.07
2017Detailed filing. Detailed filing data is available for this year.$15.3$15.0$0.29$3.63$3.00$0.62
2016Detailed filing. Detailed filing data is available for this year.$15.1$15.5$0.41$3.28$3.03$0.26
2015Detailed filing. Detailed filing data is available for this year.$14.3$15.0$0.65$2.94$3.00$0.06
2014Detailed filing. Detailed filing data is available for this year.$14.1$14.7$0.57$2.53$2.63$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.8$12.3$0.49$2.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.2$10.7$0.49$2.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.09$8.24$0.15$2.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.43$8.10$0.33$2.03