Civic Intelligence

Housing Stabilization Initiative

990EZ • Fiscal year 2023 • EIN 85-0707066

Jan 01, 2023 to Dec 31, 2023 • Filed on Mar 13, 2024

Organization Profilewww.housingstabilization.org
158 Centennial Way NWAtlanta, GA 30313

(404) 421-8241

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

5th percentile

-129%

Higher net margin than 5% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

95th percentile

193%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$0

Up $18,911 (+100%) from 2022

Net Assets

Down

-$49,297

Down $30,386 (-161%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin5th percentile

Revenue

Up

$23,470

Up $15,471 (+193%) from 2022

Expenses

Up

$53,856

Up $26,474 (+97%) from 2022

Net Income

Down

-$30,386

Down $11,003 (-57%) from 2022

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$20K$0-$20K-$40K-$60KAssets 2020: $1Liabilities 2020: $0Net Assets 2020: $1,0502020Assets 2021: $472Liabilities 2021: $0Net Assets 2021: $4722021Assets 2022: -$18,911Liabilities 2022: $0Net Assets 2022: -$18,9112022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: -$49,2972023Assets 2024: $0Net Assets 2024: -$57,0112024

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets-$49,297
Open 2023 Filing

Operations Trend

Revenue Growth95th percentile

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

$100K$50K$0-$50KRevenue 2020: $9,416Expenses 2020: $28,366Net Income 2020: -$18,9502020Revenue 2021: $23,135Expenses 2021: $23,713Net Income 2021: -$5782021Revenue 2022: $7,999Expenses 2022: $27,382Net Income 2022: -$19,3832022Revenue 2023: $23,470Expenses 2023: $53,856Net Income 2023: -$30,3862023Revenue 2024: $24,470Expenses 2024: $32,184Net Income 2024: -$7,7142024

Highlighted filing

2023

Revenue$23,470
Expenses$53,856
Net Income-$30,386
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 13, 2024
Return Version
2023v5.0
Gross Receipts
$23,470
Mission and Program Overview

Mission

To be the industry leader in community stabilization and socioeconomic development in rhode island via mixed income and mixed-use asset revitalization, stabilization, and human development.

Program Services

DescriptionGrantsExpenses
NONE FOR 2023$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALARIC CRAIGPresidentPT$0--
BOB BOLDONVice PresidentPT$0--
BETHEL KETEMAExecutive Director; Board MemberPT$0--
IAN BOLDONBoard MemberPT$0--
JILL MITCHELLBoard MemberPT$0--
Filing and Contact Details

Filer

Filer Name
Housing Stabilization Initiative
EIN
85-0707066
Phone
4044218241
Address
158 CENTENNIAL WAY NW, ATLANTA, GA 30313

Signing Officer

Name
Bethel Ketema
Title
Executive Director
Phone
4044218241
Signed
2024-03-13
Discuss with paid preparer
Yes

Preparer

Firm
Marlon Bevaun CPA
Address
5825 Glenridge Dr, Atlanta, GA 30328
Preparer
Marlon Bevaun CPA
Phone
7184732753
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Business meeting expense 1329.”

Form 990EZ, Part I, Line 16

“WEBSITE MAINTENANCE 220.”

Form 990EZ, Part I, Line 16

“EMAIL MANAGEMENT 520.”

Form 990EZ, Part I, Line 16

“LEGAL 46672.”

Raw XML Appendix172 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TUCKER
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IRS990EZ/OccupancyRentUtltsAndMaintAmt04320
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALARIC CRAIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BOB BOLDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BETHEL KETEMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3IAN BOLDON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JILL MITCHELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2EXECUTIVE DIRECTOR; BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt048741
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO BE THE INDUSTRY LEADER IN COMMUNITY STABILIZATION AND SOCIOECONOMIC DEVELOPMENT IN RHODE ISLAND VIA MIXED INCOME AND MIXED-USE ASSET REVITALIZATION, STABILIZATION, AND HUMAN DEVELOPMENT.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0NONE FOR 2023
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt053856
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt023470
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.housingstabilization.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt023470
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt037999
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015635
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt082104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/PublicSupportTotal509Amt082104
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt023470
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt037999
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt015635
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/Total509Grp/TotalAmt082104
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt082104
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS MEETING EXPENSE 1329.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WEBSITE MAINTENANCE 220.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EMAIL MANAGEMENT 520.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3LEGAL 46672.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0BETHEL KETEMA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04044218241
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOUSING STABILIZATION INITIATIVE
ReturnHeader/Filer/BusinessNameControlTxt0HOUS
ReturnHeader/Filer/EIN0850707066
ReturnHeader/Filer/PhoneNum04044218241
ReturnHeader/Filer/USAddress/AddressLine1Txt0158 CENTENNIAL WAY NW
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0884364379
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Marlon Bevaun CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05825 Glenridge Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Atlanta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030328
ReturnHeader/PreparerPersonGrp/PhoneNum07184732753
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marlon Bevaun CPA
ReturnHeader/ReturnTs02024-04-09T19:54:22-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BETHEL
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KETEMA
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$0
Liabilities
$0
Net assets
-$49,297
Revenue
$23,470
Expenses
$53,856
Net income
-$30,386
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$57.0$24.5$32.2$7.71
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$49.3$23.5$53.9$30.4
2022Detailed filing. Detailed filing data is available for this year.$18.9$0.00$18.9$8.00$27.4$19.4
2021Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$23.1$23.7$0.58
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$1.05$9.42$28.4$19.0