Civic Intelligence

Georgetown Community Development Authority

990 • Fiscal year 2023 • EIN 84-2919236

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 06, 2024

Organization ProfileWWW.WATERSHEDCOMMUNITY.ORG
6555 5th Avenue S 108Seattle, WA 98108

(206) 420-1342

Siviq Scores

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

Liabilities / Assets

97th percentile

1.24x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

98th percentile

17.68x

Higher debt load relative to revenue than 98% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

6th percentile

-49%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

11th percentile

$75,102

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

7th percentile

-10%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

94th percentile

123%

Faster revenue growth than 94% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$39,206,009

Down $4,491,511 (-10%) from 2022

Net Assets

Down

-$9,287,478

Down $7,138,591 (-332%) from 2022

Liabilities

Up

$48,493,487

Up $2,647,080 (+5.8%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin6th percentile

Revenue

Up

$2,743,574

Up $1,515,366 (+123%) from 2022

Expenses

Up

$4,083,819

Up $1,107,543 (+37%) from 2022

Net Income

Up

-$1,340,245

Up $407,823 (+23%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$60M$40M$20M$0-$20MAssets 2021: $40,150,153Liabilities 2021: $40,551,943Net Assets 2021: -$401,7902021Assets 2022: $43,697,520Liabilities 2022: $45,846,407Net Assets 2022: -$2,148,8872022Assets 2023: $39,206,009Liabilities 2023: $48,493,487Net Assets 2023: -$9,287,4782023Assets 2024: $39,277,875Liabilities 2024: $51,632,734Net Assets 2024: -$12,354,8592024

Highlighted filing

2023

Assets$39,206,009
Liabilities$48,493,487
Net Assets-$9,287,478
Open 2023 Filing

Operations Trend

Revenue Growth94th percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MRevenue 2021: $298,876Expenses 2021: $687,204Net Income 2021: -$388,3282021Revenue 2022: $1,228,208Expenses 2022: $2,976,276Net Income 2022: -$1,748,0682022Revenue 2023: $2,743,574Expenses 2023: $4,083,819Net Income 2023: -$1,340,2452023Revenue 2024: $1,478,175Expenses 2024: $4,545,556Net Income 2024: -$3,067,3812024

Highlighted filing

2023

Revenue$2,743,574
Expenses$4,083,819
Net Income-$1,340,245
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 6, 2024
Return Version
2023v5.1
Gross Receipts
$2,743,574
Mission and Program Overview

Mission

Georgetown community development authority builds resilient community, through affordable placemaking and placekeeping in the duwamish valley. We create at the intersection of the arts, equity, and well-being.

Watershed builds resilient community through affordable placemaking and placekeeping in the duwamish valley. We create at the intersection of the arts, equity, and collective well-being.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$28,936,148$23,466,456▼ $5,469,692
Land, Buildings, and Equipment, Net$9,177,826$9,563,413▲ $385,587
Savings and Temporary Cash Investments$4,845,468$4,186,943▼ $658,525
Cash and Non-Interest-Bearing Accounts$48,273$1,333,822▲ $1,285,549
Accounts Receivable$50,202$120,144▲ $69,942
Prepaid Expenses and Deferred Charges$22,222$33,553▲ $11,331
Investments in Publicly Traded Securities$39,688$24,752▼ $14,936
Total Assets$43,697,520$39,206,009▼ $4,491,511
Other Assets Total$577,693$476,926▼ $100,767
Liabilities
Tax Exempt Bond Liabilities$39,674,724$40,049,626▲ $374,902
Mortgage Notes Payable Secured by Investment Property$5,493,403$6,845,000▲ $1,351,597
Other Liabilities$362,435$1,103,162▲ $740,727
Accounts Payable and Accrued Expenses$310,873$297,153▼ $13,720
Unsecured Notes Loans Payable-$100,000-
Escrow Account Liability$4,972$50,462▲ $45,490
Grants Payable-$48,084-
Total Liabilities$45,846,407$48,493,487▲ $2,647,080
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,148,887$-9,287,478▼ $7,138,591
Total Net Assets Fund Balance$-2,148,887$-9,287,478▼ $7,138,591
Total Liabilities and Net Assets / Fund Balance$43,697,520$39,206,009▼ $4,491,511

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,855,835$419,931$7,275,766
Other Land Buildings$2,684,793-$2,684,793
Equipment$22,785$1,396$24,181
Investment Program Related Org$23,466,456--
Compensation and Service Providers
Top Officer Pay11th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Muguette Guenneguez ExecutiveDirector (through June 2023)FT$64,081$11,021$75,102
Kay MorrisonDeputy DirectorFT$51,246$9,288$60,534

Board Members and Trustees

NameTitle
Ron PosthumaDirector & President
Craig HowardPresident (through April 2023)
John KirschenbaumDirector
Paulina LopezDirector
Elizabeth RomneyDirector & Secretary/treasurer
Alfredo Jude Aj CariDirector (through August 2023)
Felicia PorterDirector (through June 2023)
Janice Jackson HaleyDirector (through June 2023)
Terri Gatts DaytonDirector (through June 2023)
Jennifer Trujillo InterimExecutive Director (as of June 2023)
Sam Farrazaino Vice PresidentTreasurer (through June 2023)

Highest Paid Contractors

ContractorServicesLocationCompensation
Community Development Partners LLCConsulting Services312 31ST AVENUE, Seattle, WA 98122$206,000
Signal Architecture & ResearchArchitectural Design & Development89 YESLER WAY 301, Seattle, WA 98104$197,256
Jlb INC (dba Gsd Bookkeeping)Management & Financial Services2131 N 86TH STREET, Seattle, WA 98103$161,087
Revenue and Support

Revenue Composition

Contributions and Grants
$1,364,567
Program Service Revenue
$1,327,323
Investment Income
$51,684
Other Revenue
$0
All Other Contributions
$1,364,567
Change in Net Assets
$-1,340,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,599,742
Salaries, Compensation, and Employee Benefits$455,179
Total Fundraising Expense$45,850
Professional Fundraising Fees$28,898
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,903,502$82,500-$1,986,002
Occupancy$254,073--$254,073
Depreciation Depletion$233,805--$233,805
Other Salaries and Wages$97,412$104,713-$202,125
Fees for Services Accounting$184,879--$184,879
Current Officers, Directors, Trustees, and Key Employees$145,309$36,327-$181,636
Fees for Services Other$143,493$1,795-$145,288
Office Expenses$130,850$820-$131,670
Fees for Services Management$91,594--$91,594
Payroll Taxes$20,683$23,264-$43,947
Insurance$38,362--$38,362
Fees for Services Professional Fundraising--$28,898$28,898
Other Employee Benefits$10,221$17,250-$27,471
Other Expenses$19,859$38,821-$19,859
Conferences and Meetings--$16,952$16,952
Fees for Services Legal$6,559--$6,559
Travel$1,988$2,743-$4,731
Advertising$1,147--$1,147
Total Functional Expenses$3,350,794$687,175$45,850$4,083,819
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$28,898
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
-See Part VManagement ServicesNo$206,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organization$728,357
Right-of-use Lease Liabilities$374,805

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Industrial Development Authority of the City of Sierra Vista2021-10-28$34,008,654Property acquisition, improvements and entitlement costs
BThe Industrial Development Authority of the City of Sierra Vista2022-07-01$4,499,462Acquire, construct, improve, operate and equip affordable workspaces

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$34,008,654$17,500-$680,173
B$4,499,462--$89,989

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“In 2023, management services were provided by community development partners llc and jlb inc. (dba: gsd bookkeeping). Jennifer trujillo, interim executive director, is employed by jlb inc. And received $56,594 in compensation for her services in 2023.”

Form 990, Part VI, Section A, Line 8B

“Minutes are not kept at committee meetings.”

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

“Prior to filing, the form 990 was reviewed by the executive director and by the board of directors.”

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

“Every year, all officers and board members must sign the conflict of interest form to remain compliant within the rules set forth by our governance committee. Whenever the board or a committee considers a transaction that involves an actual or potential conflict of interest, that individual is required to fully disclose the situation. The conflicted individual must abstain from voting on any aspect of the transaction. Before entering a transaction that involves a conflict of interest, the board evaluates other options that do not involve a conflict to ensure the transaction is reasonable and in the best interest of the organization.”

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

“The interim executive director's compensation was determined by the board of directors. Compensation was determined based on the fair market value of the interim executive director's compensation in the local community.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy and audited financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Georgetown Community Development
EIN
84-2919236
Phone
2064201342
Address
6555 5TH AVENUE S 108, SEATTLE, WA 98108
Doing Business As
Watershed Community Development

Signing Officer

Name
Lee Striar
Title
Treasurer
Phone
2064201342
Signed
2024-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jen Trujillo
Formed
2019
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
9
Volunteers
600

Preparer

Firm
Cliftonlarsonallen Llp
Address
10700 NORTHUP WAY SUITE 200, BELLEVUE, WA 98004
Preparer
Kurt Bennion CPA
Phone
4252506100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

“In 2023, watershed began providing fiscal sponsorships to small local nonprofits who have not yet obtained their own tax-exempt status.”

Financial Statement Notes

PART IV, LINE 1B:

“Watershed acts as fiscal agent for small local nonprofit organizations that have not yet obtained their own tax-exempt status.”

PART IV, LINE 2B:

“The organization holds security deposits for rental/lease tenants. Upon termination of the lease, the security deposit, less the cost of any repairs, is returned to the tenant. Security deposit funds are held in a single non-interest bearing bank account that is separated from other bank accounts.”

PART X, LINE 2:

“The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. The organization has evaluated its tax positions and concluded that it has taken no uncertain tax positions that would require adjustment to the financial statements. In addition, the organization is not aware of any matters that would cause the loss of its tax-exempt status.”

Raw XML AppendixShowing 400 of 681 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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IRS990/Desc0WATERSHED (FORMERLY KNOWN AS GEORGETOWN COMMUNITY DEVELOPMENT AUTHORITY) IS A COMMUNITY-BASED 501(C)(3) NONPROFIT ORGANIZATION THAT OPERATES AFFORDABLE ARTIST AND ARTISAN WORK SPACES AND PLANS TO BUILD A VILLAGE OF WORKFORCE HOUSING AND COMMUNITY SPACE IN THE GEORGETOWN NEIGHBORHOOD OF SEATTLE. WE CENTER FOLKS WHO LIVE AND WORK IN THE DUWAMISH VALLEY; BIPOC INDIVIDUALS; ARTISTS; AND THOSE WHO COME FROM COMMUNITIES THAT HAVE BEEN, OR ARE AT RISK OF BEING, DISPLACED FROM THIS REGION.(CONTINUED IN SCHEDULE O)WATERSHED WAS FORMED IN 2019. AT ITS CORE IS EQUINOX STUDIOS, WHICH HAS OPERATED IN GEORGETOWN SINCE 2006 AND IS NOW A CORE PROGRAM OF WATERSHED. EQUINOX STUDIOS PROVIDES A CREATIVE HOME FOR OVER 125 ARTISTS AND ARTISANS WORKING IN AND ACROSS MANY CRAFTS AND DISCIPLINES.THE NEW LIVE/WORK DISTRICT NAMED "THE BEND" WILL BE LOCATED IN THE GEORGETOWN NEIGHBORHOOD OF SEATTLE. IT WILL INCLUDE UP TO 1,000 UNITS OF HOUSING, ALL OF WHICH WILL BE AFFORDABLE TO PEOPLE EARNING NO MORE THAN 80% OF AREA MEDIAN INCOME. THE BEND WILL ALSO INCLUDE AFFORDABLE COMMUNITY SPACES, NEIGHBORHOOD BUSINESSES, AND CULTURAL FACILITIES THAT ARE INTEGRATED WITH GEORGETOWN'S COMMERCIAL AND INDUSTRIAL CORE. IT WILL INCREASE JOB OPPORTUNITIES AND PROVIDE HOUSING FOR THOSE MOST AT RISK OF BEING IMPACTED BY TRENDS OF WEALTH-DRIVEN DISPLACEMENT IN SEATTLE. OUR AIM IS TO CULTIVATE LONG-TERM COMMUNITY WEALTH THROUGH THOUGHTFUL REAL ESTATE ACQUISITION AND DEVELOPMENT; COMMUNITY ENGAGEMENT AND OWNERSHIP; SPACE FOR SMALL BUSINESSES, NOT-FOR-PROFIT ORGANIZATIONS, AND ARTISTIC GROWTH; AND PROGRAMMING THAT BUILDS RELATIONSHIPS BETWEEN ALL THE ENTITIES THAT ARE PART OF THE BEND, THE GEORGETOWN NEIGHBORHOOD, AND GREATER DUWAMISH VALLEY.
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IRS990/Form990PartVIISectionAGrp/PersonNm8TERRI GATTS DAYTON
IRS990/Form990PartVIISectionAGrp/PersonNm9JANICE JACKSON HALEY
IRS990/Form990PartVIISectionAGrp/PersonNm10JOHN KIRSCHENBAUM
IRS990/Form990PartVIISectionAGrp/PersonNm11PAULINA LOPEZ
IRS990/Form990PartVIISectionAGrp/PersonNm12FELICIA PORTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt064081
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt151246
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/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/TitleTxt0DIRECTOR (THROUGH JUNE 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt1DEPUTY DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXECUTIVE DIRECTOR (AS OF JUNE 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT (THROUGH APRIL 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR & PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER (THROUGH JUNE 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR & SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (THROUGH AUGUST 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (THROUGH JUNE 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR (THROUGH JUNE 2023)
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (THROUGH JUNE 2023)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02019
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/EOYAmt048084
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02743574
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt038362
IRS990/InsuranceGrp/TotalAmt038362
IRS990/InterestGrp/ManagementAndGeneralAmt082500
IRS990/InterestGrp/ProgramServicesAmt01903502
IRS990/InterestGrp/TotalAmt01986002
IRS990/InvestmentIncomeGrp/ExclusionAmt051684
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt051684
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsProgramRelatedGrp/BOYAmt028936148
IRS990/InvestmentsProgramRelatedGrp/EOYAmt023466456
IRS990/InvestmentsPubTradedSecGrp/BOYAmt039688
IRS990/InvestmentsPubTradedSecGrp/EOYAmt024752
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt070
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0421327
IRS990/LandBldgEquipBasisNetGrp/BOYAmt09177826
IRS990/LandBldgEquipBasisNetGrp/EOYAmt09563413
IRS990/LandBldgEquipCostOrOtherBssAmt09984740
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0GCDA BUILDS RESILIENT COMMUNITY THROUGH AFFORDABLE PLACEMAKING AND PLACEKEEPING IN THE DUWAMISH VALLEY. WE CREATE AT THE INTERSECTION OF THE ARTS, EQUITY, AND COLLECTIVE WELL-BEING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05493403
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06845000
IRS990/NetAssetsOrFundBalancesBOYAmt0-2148887
IRS990/NetAssetsOrFundBalancesEOYAmt0-9287478
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2148887
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-9287478
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0254073
IRS990/OccupancyGrp/TotalAmt0254073
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0820
IRS990/OfficeExpensesGrp/ProgramServicesAmt0130850
IRS990/OfficeExpensesGrp/TotalAmt0131670
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0577693
IRS990/OtherAssetsTotalGrp/EOYAmt0476926
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017250
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010221
IRS990/OtherEmployeeBenefitsGrp/TotalAmt027471
IRS990/OtherExpensesGrp/Desc0FISCAL AGENCY DISTRIBUT
IRS990/OtherExpensesGrp/Desc1OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0367862
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111080
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt238821
IRS990/OtherExpensesGrp/ProgramServicesAmt0-42500
IRS990/OtherExpensesGrp/ProgramServicesAmt177882
IRS990/OtherExpensesGrp/ProgramServicesAmt231676
IRS990/OtherExpensesGrp/ProgramServicesAmt319859
IRS990/OtherExpensesGrp/TotalAmt0325362
IRS990/OtherExpensesGrp/TotalAmt188962
IRS990/OtherExpensesGrp/TotalAmt270497
IRS990/OtherExpensesGrp/TotalAmt319859
IRS990/OtherLiabilitiesGrp/BOYAmt0362435
IRS990/OtherLiabilitiesGrp/EOYAmt01103162
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0104713
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt097412
IRS990/OtherSalariesAndWagesGrp/TotalAmt0202125
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023264
IRS990/PayrollTaxesGrp/ProgramServicesAmt020683
IRS990/PayrollTaxesGrp/TotalAmt043947
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022222
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033553
IRS990/PrincipalOfficerNm0JEN TRUJILLO
IRS990/PriorPeriodAdjustmentsAmt0-5798348
IRS990/ProfessionalFundraisingInd01
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1INVESTMENT IN GCP-1 LL
IRS990/ProgramServiceRevenueGrp/Desc2ARTISAN REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0976638
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1340410
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt210275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0976638
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1340410
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt210275
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt09297
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt047298
IRS990/PYOtherExpensesAmt02573924
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01171613
IRS990/PYRevenuesLessExpensesAmt0-1748068
IRS990/PYSalariesCompEmpBnftPaidAmt0402352
IRS990/PYTotalExpensesAmt02976276
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01228208
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1340245
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt01327323
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04845468
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04186943
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DESCRIPTION: UNUSUALLY LARGE DATE: 12/31/23 AMOUNT: 1000000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0364567
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0377294
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt051684
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt047298
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt015152
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0127479
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01327323
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01171613
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0282101
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02781037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt051684
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt047298
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013345
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015152
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0127479
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt03158331
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01691890
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01180910
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0285531
IRS990ScheduleA/Total509Grp/TotalAmt03158331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01743574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01228208
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0298876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt015152
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03285810
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/ScheduleBRequiredInd01
IRS990ScheduleD/AdditionsDuringYearAmt0332073
IRS990ScheduleD/AgentTrusteeEtcInd01

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$39,206,009
Liabilities
$48,493,487
Net assets
-$9,287,478
Revenue
$2,743,574
Expenses
$4,083,819
Net income
-$1,340,245
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.3$51.6$12.4$1.48$4.55$3.07
2023Detailed filing. Detailed filing data is available for this year.$39.2$48.5$9.29$2.74$4.08$1.34
2022Detailed filing. Detailed filing data is available for this year.$43.7$45.8$2.15$1.23$2.98$1.75
2021Detailed filing. Detailed filing data is available for this year.$40.2$40.6$0.40$0.30$0.69$0.39