Civic Intelligence

Homewise Inc.

990 • Fiscal year 2015 • EIN 85-0346325

Apr 01, 2014 to Mar 31, 2015 • Filed on Aug 28, 2015

1301 Siler Rd Building DSanta Fe, NM 87507

(505) 983-9473

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.57x

Higher debt load relative to assets than 73% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

5.49x

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

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

80th percentile

21%

Higher net margin than 80% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

17th percentile

$179,376

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

88th percentile

19%

Faster asset growth than 88% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

32nd percentile

-1.0%

Faster revenue growth than 32% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Up

$88,381,225

Up $14,214,699 (+19%) from 2014

Net Assets

Up

$38,034,762

Up $1,870,370 (+5.2%) from 2014

Liabilities

Up

$50,346,463

Up $12,344,329 (+32%) from 2014

Revenue

Down

$9,172,422

Down $97,242 (-1.0%) from 2014

Expenses

Up

$7,251,307

Up $600,817 (+9.0%) from 2014

Net Income

Down

$1,921,115

Down $698,059 (-27%) from 2014

Historical Trend

Balance Sheet Trend

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

$300M$200M$100M$0Assets 2011: $51,046,854Liabilities 2011: $23,983,571Net Assets 2011: $27,063,2832011Assets 2012: $52,481,334Liabilities 2012: $24,012,616Net Assets 2012: $28,468,7182012Assets 2013: $64,639,204Liabilities 2013: $31,093,986Net Assets 2013: $33,545,2182013Assets 2014: $74,166,526Liabilities 2014: $38,002,134Net Assets 2014: $36,164,3922014Assets 2015: $88,381,225Liabilities 2015: $50,346,463Net Assets 2015: $38,034,7622015Assets 2016: $91,284,029Liabilities 2016: $52,289,516Net Assets 2016: $38,994,5132016Assets 2017: $98,707,458Liabilities 2017: $56,650,669Net Assets 2017: $42,056,7892017Assets 2018: $113,881,427Liabilities 2018: $66,097,654Net Assets 2018: $47,783,7732018Assets 2019: $142,258,807Liabilities 2019: $89,419,785Net Assets 2019: $52,839,0222019Assets 2020: $152,988,839Liabilities 2020: $95,542,105Net Assets 2020: $57,446,7342020Assets 2021: $177,334,515Liabilities 2021: $106,589,779Net Assets 2021: $70,744,7362021Assets 2022: $208,179,950Liabilities 2022: $130,467,756Net Assets 2022: $77,712,1942022Assets 2023: $228,547,267Liabilities 2023: $147,391,387Net Assets 2023: $81,155,8802023Assets 2024: $241,933,592Liabilities 2024: $154,325,165Net Assets 2024: $87,608,4272024Assets 2025: $287,708,931Liabilities 2025: $171,810,693Net Assets 2025: $115,898,2382025

Highlighted filing

2015

Assets$88,381,225
Liabilities$50,346,463
Net Assets$38,034,762

Operations Trend

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

$60M$40M$20M$0Expenses 2011: $5,496,8152011Expenses 2012: $5,860,4942012Expenses 2013: $5,901,9282013Revenue 2014: $9,269,664Expenses 2014: $6,650,490Net Income 2014: $2,619,1742014Revenue 2015: $9,172,422Expenses 2015: $7,251,307Net Income 2015: $1,921,1152015Revenue 2016: $10,211,403Expenses 2016: $9,200,907Net Income 2016: $1,010,4962016Revenue 2017: $13,112,284Expenses 2017: $10,050,008Net Income 2017: $3,062,2762017Revenue 2018: $18,102,766Expenses 2018: $12,375,782Net Income 2018: $5,726,9842018Revenue 2019: $22,356,520Expenses 2019: $17,301,271Net Income 2019: $5,055,2492019Revenue 2020: $20,146,483Expenses 2020: $15,940,209Net Income 2020: $4,206,2742020Revenue 2021: $34,354,003Expenses 2021: $21,056,001Net Income 2021: $13,298,0022021Revenue 2022: $27,730,929Expenses 2022: $20,763,471Net Income 2022: $6,967,4582022Revenue 2023: $25,177,959Expenses 2023: $21,731,830Net Income 2023: $3,446,1292023Revenue 2024: $30,491,914Expenses 2024: $24,045,320Net Income 2024: $6,446,5942024Revenue 2025: $54,360,945Expenses 2025: $26,072,850Net Income 2025: $28,288,0952025

Highlighted filing

2015

Revenue$9,172,422
Expenses$7,251,307
Net Income$1,921,115
Jump To
Filing Snapshot
Filing Period
Apr 1, 2014 to Mar 31, 2015
Signed
Aug 28, 2015
Return Version
2014v5.0
Gross Receipts
$9,944,045
Mission and Program Overview

Mission

The homewise mission is to help create successful homeowners and strengthen neighborhoods so that individuals and families can improve their long-term financial well-being and quality of life.

To help create successful homeowners so that they improve their financial wellbeing and contribute to the vitality of our communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$48,464,536$58,986,658▲ $10,522,122
Cash and Non-Interest-Bearing Accounts$3,512,857$5,267,195▲ $1,754,338
Land, Buildings, and Equipment, Net$2,669,360$2,589,739▼ $79,621
Accounts Receivable$1,827,959$1,783,662▼ $44,297
Savings and Temporary Cash Investments$1,949,070$1,451,933▼ $497,137
Prepaid Expenses and Deferred Charges$606,733$530,121▼ $76,612
Pledges and Grants Receivable$75,802$144,876▲ $69,074
Investments Other Securities$36,000$36,000→ $0
Inventories for Sale or Use$18,343$7,120▼ $11,223
Total Assets$74,166,526$88,381,225▲ $14,214,699
Other Assets Total$15,005,866$17,583,921▲ $2,578,055
Liabilities
Mortgage Notes Payable Secured by Investment Property$26,387,729$36,139,279▲ $9,751,550
Unsecured Notes Loans Payable$7,660,175$8,526,597▲ $866,422
Other Liabilities$2,519,181$3,264,529▲ $745,348
Accounts Payable and Accrued Expenses$489,648$1,239,908▲ $750,260
Escrow Account Liability$898,810$1,094,403▲ $195,593
Deferred Revenue$46,591$81,747▲ $35,156
Total Liabilities$38,002,134$50,346,463▲ $12,344,329
Net Assets / Fund Balance
Unrestricted Net Assets$22,980,279$27,074,577▲ $4,094,298
Temporarily Rstr Net Assets$9,545,484$7,871,556▼ $1,673,928
Permanently Rstr Net Assets$3,638,629$3,088,629▼ $550,000
Total Net Assets Fund Balance$36,164,392$38,034,762▲ $1,870,370
Total Liabilities and Net Assets / Fund Balance$74,166,526$88,381,225▲ $14,214,699

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,408,543$580,685$1,989,228
Equipment$236,973$1,388,217$1,625,190
Land$935,100-$935,100
Leasehold Improvements$9,123-$9,123
Other Assets Org$8,500--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert GibbsDirector of DevelopmentFT$140,331$39,045$179,376
Michael LoftinCEOFT$154,827$20,935$175,762
Jill CookCOOFT$152,142$17,500$169,642
Mark VanderlindenDirector of LendingFT$112,056$25,457$137,513
Cece DerringerDirector of Resource DevelopmentFT$111,850$16,828$128,678
Gary SwangerFormer CFOFT$104,364$7,877$112,241
Bruce MillerInterim CFOFT$60,697$11,177$71,874

Board Members and Trustees

NameTitle
Teresa Leger De FernandezChair
Andy SpinglerVice Chair
Ann LockhartBoard Member
Dave DelgadoBoard Member
David DelgadoBoard Member
Frank MathewBoard Member
Sam BacaBoard Member
Erika CamposSecretary
David HofmannTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Platinum Sky ConstructionConstruction56 JOHNSON MESA, Santa Fe, NM 87508$6,073,753
Lopez LandscapingLandscape Svcs51 SUNRISE RD, Santa Fe, NM 87507$184,697
Thought Balloon LLCProgramming1915 CALLE DE ESTEBAN, Santa Fe, NM 87505$147,454
Revenue and Support

Revenue Composition

Contributions and Grants
$3,186,605
Program Service Revenue
$5,997,665
Investment Income
$-11,848
Other Revenue
$0
All Other Contributions
$348,531
Change in Net Assets
$1,921,115

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$250,000Trading Value
Total Noncash Contributions1$250,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$16,663,192
Revenue Not Reported on Financial Statements
$-7,490,770
Revenue Not Reported on Form 990
$-50,745
Other Revenue Adjustments
$-7,490,770
Total Revenue per Audited Statements
$16,612,447
Total Revenue per Form 990
$9,172,422
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,154,805
Other Expenses$3,096,502
Total Fundraising Expense$254,156
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,220,190$584,260$116,852$2,921,302
Interest$1,221,651--$1,221,651
Current Officers, Directors, Trustees, and Key Employees$350,966$92,360$18,472$461,798
Depreciation Depletion$327,603$86,212$17,243$431,058
Other Employee Benefits$269,146$70,828$14,166$354,140
Occupancy$263,383$69,311$13,862$346,556
Payroll Taxes$194,882$51,285$10,257$256,424
Advertising$178,762$47,043$9,409$235,214
Information Technology$138,246$36,380$7,276$181,902
Pension Plan Contributions$122,467$32,228$6,446$161,141
Fees for Services Other$107,185$28,207$5,641$141,033
Insurance$101,915$26,820$5,364$134,099
Office Expenses$98,992$26,051$5,210$130,253
Fees for Services Legal$85,625$22,533$4,507$112,665
Travel$61,225$16,112$3,222$80,559
Fees for Services Accounting-$47,080-$47,080
Other Expenses$34,167$8,991$1,797$44,955
Conferences and Meetings$3,637$32,737-$36,374
All Other Expenses$-955,952--$-955,952
Total Functional Expenses$5,646,553$1,350,598$254,156$7,251,307

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$14,742,077
Expenses Not Reported on Form 990$7,490,770
Expenses per Audited Statements$7,251,307
Total Expenses per Form 990$7,251,307
Expenses Not Reported on Financial Statements$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Community Investment Deposits$2,052,699
Due to Grantor Agency$1,203,305
Escrow Accounts$8,525
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

After the return is prepared by an independent accounting firm, the cfo reviews a copy of the draft form 990 for completeness and accuracy and then sends it to our finance committee for review. The form 990 is then presented to the board. The governing board reviews and then approves the final copy. The return is filed.

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

All officers, directors and key employees are required to review the conflict of interest agreement annually. They must document any conflict and sign a conflict of interest statement annually. If a conflict arises in regard to a board member, that member is not allowed to vote on the transaction.

Form 990, Part VI, Section B, Line 15

The board of directors approves the compensation of the executive director through an internal review process. This process includes the use of comparability data for similarly qualified persons in comparable positions at similar organizations. All deliberations and decisions are documented.

Form 990, Part VI, Section C, Line 19

Form 990 is available to the public upon request. All other governing documents, conflict of interest policy and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Homewise Inc
EIN
85-0346325
Phone
5059839473
Address
1301 SILER RD BUILDING D, SANTA FE, NM 87507

Signing Officer

Name
Michael D Loftin
Title
CEO
Phone
5059839473
Signed
2015-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael D Loftin
Formed
1986
Legal Domicile
Nm
Voting Board Members
8
Independent Board Members
8
Employees
68
Volunteers
8

Preparer

Firm
Axiom Cpas and Business Advisors LLC
Address
316 OSUNA RD NE SUITE 401, ALBUQUERQUE, NM 87107
Preparer
Wryan W Capps CPA
Phone
5057677600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 1B:

The custodial account is maintained on behalf of the customers for which the organization handles the escrow. Monies are received and held on the customers behalf to be disbursed at a future date to pay their property taxes and home insurance.

PART IV, LINE 2B:

The escrows are balanced monthly and the accounts are analyzed semi-annually. Any overages are sent to the customer. Any shortages are covered by increasing the customer escrow payments.

PART X, LINE 2:

The organization adopted the provisions of asc no. 740-10, income taxes, relating to accounting for uncertain tax positions on april 1, 2009, which had no financial statement impact to the organization. The organization recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. The organization had no unrecognized tax benefits which would require an adjustment to the april 1, 2009 beginning balance of net assets and had no unrecognized tax benefits at march 31, 2015 and 2014. The organization files an exempt organization return in the u.s. Federal jurisdiction and with the new mexico taxation and revenue department.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Less cost of sales -7,422,864. Loss on disposal of assets -67,906.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

COST OF SALES 7,422,864.

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IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd7X
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/OtherCompensationAmt920935
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1017500
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt117877
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1211177
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1339045
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1425457
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1516828
IRS990/Form990PartVIISectionAGrp/PersonNm0TERESA LEGER DE FERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDY SPINGLER
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID HOFMANN
IRS990/Form990PartVIISectionAGrp/PersonNm3ERIKA CAMPOS
IRS990/Form990PartVIISectionAGrp/PersonNm4ANN LOCKHART
IRS990/Form990PartVIISectionAGrp/PersonNm5SAM BACA
IRS990/Form990PartVIISectionAGrp/PersonNm6FRANK MATHEW
IRS990/Form990PartVIISectionAGrp/PersonNm7DAVID DELGADO
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVE DELGADO
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL LOFTIN
IRS990/Form990PartVIISectionAGrp/PersonNm10JILL COOK
IRS990/Form990PartVIISectionAGrp/PersonNm11GARY SWANGER
IRS990/Form990PartVIISectionAGrp/PersonNm12BRUCE MILLER
IRS990/Form990PartVIISectionAGrp/PersonNm13ROBERT GIBBS
IRS990/Form990PartVIISectionAGrp/PersonNm14MARK VANDERLINDEN
IRS990/Form990PartVIISectionAGrp/PersonNm15CECE DERRINGER
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/ReportableCompFromOrgAmt9154827
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10152142
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11104364
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1260697
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13140331
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14112056
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15111850
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11FORMER CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt12INTERIM CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR OF DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR OF LENDING
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF RESOURCE DEVELOPMENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01986
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-17161
IRS990/GainOrLossGrp/SecuritiesAmt03102
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt02838074
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0504462
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0253102
IRS990/GrossReceiptsAmt09944045
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt07276
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt036380
IRS990/InformationTechnologyGrp/ProgramServicesAmt0138246
IRS990/InformationTechnologyGrp/TotalAmt0181902
IRS990/InsuranceGrp/FundraisingAmt05364
IRS990/InsuranceGrp/ManagementAndGeneralAmt026820
IRS990/InsuranceGrp/ProgramServicesAmt0101915
IRS990/InsuranceGrp/TotalAmt0134099
IRS990/InterestGrp/ProgramServicesAmt01221651
IRS990/InterestGrp/TotalAmt01221651
IRS990/InventoriesForSaleOrUseGrp/BOYAmt018343
IRS990/InventoriesForSaleOrUseGrp/EOYAmt07120
IRS990/InvestmentIncomeGrp/ExclusionAmt02211
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02211
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt036000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt036000
IRS990/IRPDocumentCnt01158
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01968902
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02669360
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02589739
IRS990/LandBldgEquipCostOrOtherBssAmt04558641
IRS990/LegalDomicileStateCd0NM
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0521623
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0250000
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO HELP CREATE SUCCESSFUL HOMEOWNERS SO THAT THEY IMPROVE THEIR FINANCIAL WELLBEING AND CONTRIBUTE TO THE VITALITY OF OUR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt026387729
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt036139279
IRS990/NetAssetsOrFundBalancesBOYAmt036164392
IRS990/NetAssetsOrFundBalancesEOYAmt038034762
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03102
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-17161
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-14059
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-50745
IRS990/NoncashContributionsAmt0250000
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt013862
IRS990/OccupancyGrp/ManagementAndGeneralAmt069311
IRS990/OccupancyGrp/ProgramServicesAmt0263383
IRS990/OccupancyGrp/TotalAmt0346556
IRS990/OfficeExpensesGrp/FundraisingAmt05210
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026051
IRS990/OfficeExpensesGrp/ProgramServicesAmt098992
IRS990/OfficeExpensesGrp/TotalAmt0130253
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt015005866
IRS990/OtherAssetsTotalGrp/EOYAmt017583921
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt014166
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt070828
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0269146
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0354140
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc1CLIENT SUPPORT
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMEN
IRS990/OtherExpensesGrp/Desc3ALL OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt07574
IRS990/OtherExpensesGrp/FundraisingAmt16858
IRS990/OtherExpensesGrp/FundraisingAmt21797
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt037869
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt134291
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt28991
IRS990/OtherExpensesGrp/ProgramServicesAmt0548258
IRS990/OtherExpensesGrp/ProgramServicesAmt1143901
IRS990/OtherExpensesGrp/ProgramServicesAmt2130304
IRS990/OtherExpensesGrp/ProgramServicesAmt334167
IRS990/OtherExpensesGrp/TotalAmt0548258
IRS990/OtherExpensesGrp/TotalAmt1189344
IRS990/OtherExpensesGrp/TotalAmt2171453
IRS990/OtherExpensesGrp/TotalAmt344955
IRS990/OtherLiabilitiesGrp/BOYAmt02519181
IRS990/OtherLiabilitiesGrp/EOYAmt03264529
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0116852
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0584260
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02220190
IRS990/OtherSalariesAndWagesGrp/TotalAmt02921302
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt048464536
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt058986658
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt010257
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt051285
IRS990/PayrollTaxesGrp/ProgramServicesAmt0194882
IRS990/PayrollTaxesGrp/TotalAmt0256424
IRS990/PensionPlanContributionsGrp/FundraisingAmt06446
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt032228
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0122467
IRS990/PensionPlanContributionsGrp/TotalAmt0161141
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03638629
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt03088629
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt075802
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0144876
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0606733
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0530121
IRS990/PrincipalOfficerNm0MICHAEL D LOFTIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0522292
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/BusinessCd2522292
IRS990/ProgramServiceRevenueGrp/BusinessCd3532000
IRS990/ProgramServiceRevenueGrp/BusinessCd4531390
IRS990/ProgramServiceRevenueGrp/Desc0LOAN INTEREST
IRS990/ProgramServiceRevenueGrp/Desc1COMMISSIONS
IRS990/ProgramServiceRevenueGrp/Desc2ORIGINATION FEES
IRS990/ProgramServiceRevenueGrp/Desc3HOME SALES, NET
IRS990/ProgramServiceRevenueGrp/Desc4MORTGAGE SERVICING RIG
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02657899
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11086729
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21030481
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3464857
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4354658
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02657899
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11086729
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21030481
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3464857
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4354658
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02466252
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05117
IRS990/PYOtherExpensesAmt02975431
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06798295

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$288$172$116$54.4$26.1$28.3
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$242$154$87.6$30.5$24.0$6.45
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$229$147$81.2$25.2$21.7$3.45
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$208$130$77.7$27.7$20.8$6.97
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$177$107$70.7$34.4$21.1$13.3
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$153$95.5$57.4$20.1$15.9$4.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$142$89.4$52.8$22.4$17.3$5.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$114$66.1$47.8$18.1$12.4$5.73
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.7$56.7$42.1$13.1$10.1$3.06
2016Detailed filing. Detailed filing data is available for this year.$91.3$52.3$39.0$10.2$9.20$1.01
2015Detailed filing. Detailed filing data is available for this year.$88.4$50.3$38.0$9.17$7.25$1.92
2014Detailed filing. Detailed filing data is available for this year.$74.2$38.0$36.2$9.27$6.65$2.62
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$64.6$31.1$33.5$5.90
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.5$24.0$28.5$5.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.0$24.0$27.1$5.50
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $50M-$100M nonprofits