Civic Intelligence

Ppep Microbusiness and Housing Development Corporation

990 • Fiscal year 2014 • EIN 86-0326269

Jul 01, 2013 to Jun 30, 2014 • Filed on May 14, 2015

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802 E 46th StreetTucson, AZ 85713

(520) 622-3553

Siviq Scores

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

Liabilities / Assets

80th percentile

0.64x

Higher debt load relative to assets than 80% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

91st percentile

3.44x

Higher debt load relative to revenue than 91% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

68th percentile

9.8%

Higher net margin than 68% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

49th percentile

2.6%

Faster asset growth than 49% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

22nd percentile

-7.1%

Faster revenue growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Assets

Up

$5,758,577

Up $145,951 (+2.6%) from 2013

Net Assets

Up

$2,092,305

Up $103,997 (+5.2%) from 2013

Liabilities

Up

$3,666,272

Up $41,954 (+1.2%) from 2013

Revenue

$1,065,800

No earlier filing loaded for comparison.

Expenses

Down

$961,803

Down $49,960 (-4.9%) from 2013

Net Income

$103,997

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $6,657,799Liabilities 2011: $4,619,536Net Assets 2011: $2,038,2632011Assets 2013: $5,612,626Liabilities 2013: $3,624,318Net Assets 2013: $1,988,3082013Assets 2014: $5,758,577Liabilities 2014: $3,666,272Net Assets 2014: $2,092,3052014Assets 2015: $5,668,288Liabilities 2015: $3,473,998Net Assets 2015: $2,194,2902015Assets 2016: $5,780,718Liabilities 2016: $3,507,562Net Assets 2016: $2,273,1562016Assets 2017: $5,925,713Liabilities 2017: $3,531,401Net Assets 2017: $2,394,3122017Assets 2019: $7,647,155Liabilities 2019: $4,117,975Net Assets 2019: $3,529,1802019Assets 2020: $7,617,335Liabilities 2020: $3,922,916Net Assets 2020: $3,694,4192020Assets 2022: $8,159,149Liabilities 2022: $2,956,848Net Assets 2022: $5,202,3012022Assets 2024: $9,341,617Liabilities 2024: $2,850,690Net Assets 2024: $6,490,9272024

Highlighted filing

2014

Assets$5,758,577
Liabilities$3,666,272
Net Assets$2,092,305

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2011: $1,167,9622011Expenses 2013: $1,011,7632013Revenue 2014: $1,065,800Expenses 2014: $961,803Net Income 2014: $103,9972014Revenue 2015: $829,150Expenses 2015: $727,165Net Income 2015: $101,9852015Revenue 2016: $905,321Expenses 2016: $826,455Net Income 2016: $78,8662016Revenue 2017: $837,578Expenses 2017: $716,422Net Income 2017: $121,1562017Revenue 2019: $1,289,645Expenses 2019: $743,803Net Income 2019: $545,8422019Revenue 2020: $1,345,831Expenses 2020: $1,180,592Net Income 2020: $165,2392020Revenue 2022: $1,851,050Expenses 2022: $1,218,712Net Income 2022: $632,3382022Revenue 2024: $2,048,143Expenses 2024: $1,436,049Net Income 2024: $612,0942024

Highlighted filing

2014

Revenue$1,065,800
Expenses$961,803
Net Income$103,997
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
May 14, 2015
Return Version
2013v4.0
Gross Receipts
$1,065,800
Mission and Program Overview

Mission

To provide low income housing assistance and to provide loans and technical assistance to small businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$2,279,778$2,142,953▼ $136,825
Land, Buildings, and Equipment, Net$1,112,746$1,547,583▲ $434,837
Savings and Temporary Cash Investments$1,334,780$1,148,347▼ $186,433
Cash and Non-Interest-Bearing Accounts$767,611$739,708▼ $27,903
Pledges and Grants Receivable$103,739$37,454▼ $66,285
Prepaid Expenses and Deferred Charges$1,806$0▼ $1,806
Total Assets$5,612,626$5,758,577▲ $145,951
Other Assets Total$12,166$142,532▲ $130,366
Liabilities
Unsecured Notes Loans Payable$3,342,977$3,452,543▲ $109,566
Other Liabilities$157,502$139,875▼ $17,627
Accounts Payable and Accrued Expenses$106,287$60,084▼ $46,203
Deferred Revenue$17,552$13,770▼ $3,782
Total Liabilities$3,624,318$3,666,272▲ $41,954
Net Assets / Fund Balance
Unrestricted Net Assets$1,478,613$1,573,274▲ $94,661
Temporarily Rstr Net Assets$509,695$519,031▲ $9,336
Total Net Assets Fund Balance$1,988,308$2,092,305▲ $103,997
Total Liabilities and Net Assets / Fund Balance$5,612,626$5,758,577▲ $145,951

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,403,218$792,430$2,195,648
Equipment$0$267,908$267,908
Land$144,365-$144,365
Other Land Buildings$0$39,609$39,609
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$780,295
Program Service Revenue
$223,281
Investment Income
$9,336
Other Revenue
$52,888
All Other Contributions
$4,220
Change in Net Assets
$103,997

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,065,800
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,065,800
Total Revenue per Form 990
$1,065,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$729,699
Salaries, Compensation, and Employee Benefits$232,104
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$377,185$34,187-$411,372
Other Salaries and Wages$188,226$1,254-$189,480
Occupancy$78,690--$78,690
Interest$62,850$8,485-$71,335
Depreciation Depletion$28,179$11,011-$39,190
Other Employee Benefits$24,025$25-$24,050
Payroll Taxes$18,478$96-$18,574
Other Expenses$18,513$236-$18,513
Travel$12,163--$12,163
Office Expenses$11,908$16-$11,924
Fees for Services Management$10,211--$10,211
Fees for Services Accounting$8,000--$8,000
Advertising$2,060--$2,060
Total Functional Expenses$906,493$55,310$0$961,803

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$961,803
Total Expenses per Audited Statements$961,803
Total Expenses per Form 990$961,803
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Due to Affliate$139,875
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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 chief financial officer and the assistant controller review the return for accuracy and consistency with the annual audit, which is approved by the board of directors. The return is then presented to the chief executive officer for review and signature.

Form 990, Part VI, Section B, Line 15

The human resources director purchases salary surveys and does a comprehensive study by including requested salary information from local organizations that are similar to the agency.

Form 990, Part VI, Section C, Line 18

Information is available to the general public upon request. The governing documents are on file with the state of arizona and are available upon request from the az. Corp. Commission.

Form 990, Part VI, Section C, Line 19

Audited financial statements are provided to all funding sources and submitted to the federal audit clearinghouse. Internal policies are provided to all funding sources when requested, and the personnel policies, including the conflict of interest policy, are provided to all new employees when hired.

Filing and Contact Details

Filer

EIN
86-0326269
Phone
5206223553

Signing Officer

Name
John D Arnold
Title
Chief Executive Officer
Phone
5206223553
Signed
2015-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John D Arnold
Formed
1977
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
12
Volunteers
0

Preparer

Preparer
Paul Addington CPA
Phone
5208871120
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional and outside services: program service expenses 377,185. Management and general expenses 34,187. Fundraising expenses 0. Total expenses 411,372.

Raw XML AppendixShowing 400 of 432 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/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0241035
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01334780
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01148347
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0780295
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0856691
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0460470
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0668994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01230914
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03997364
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01542597
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt052888
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017867
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04428
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt022297
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt016402
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0113882
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97230
IRS990ScheduleA/PublicSupportPY170Pct00.97400
IRS990ScheduleA/PublicSupportTotal170Amt03997364
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0780295
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0856691
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0460470
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0668994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01230914
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03997364
IRS990ScheduleA/TotalSupportAmt04111246
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/BuildingsGrp/BookValueAmt01403218
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0792430
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02195648
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0267908
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0267908
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0961803
IRS990ScheduleD/LandGrp/BookValueAmt0144365
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0144365
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039609
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039609
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0139875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFLIATE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01065800
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01547583
IRS990ScheduleD/TotalExpensesPerForm990Amt0961803
IRS990ScheduleD/TotalLiabilityAmt0139875
IRS990ScheduleD/TotalRevenuePerForm990Amt01065800
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01065800
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0961803
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CHIEF FINANCIAL OFFICER AND THE ASSISTANT CONTROLLER REVIEW THE RETURN FOR ACCURACY AND CONSISTENCY WITH THE ANNUAL AUDIT, WHICH IS APPROVED BY THE BOARD OF DIRECTORS. THE RETURN IS THEN PRESENTED TO THE CHIEF EXECUTIVE OFFICER FOR REVIEW AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE HUMAN RESOURCES DIRECTOR PURCHASES SALARY SURVEYS AND DOES A COMPREHENSIVE STUDY BY INCLUDING REQUESTED SALARY INFORMATION FROM LOCAL ORGANIZATIONS THAT ARE SIMILAR TO THE AGENCY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2INFORMATION IS AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS ARE ON FILE WITH THE STATE OF ARIZONA AND ARE AVAILABLE UPON REQUEST FROM THE AZ. CORP. COMMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO ALL FUNDING SOURCES AND SUBMITTED TO THE FEDERAL AUDIT CLEARINGHOUSE. INTERNAL POLICIES ARE PROVIDED TO ALL FUNDING SOURCES WHEN REQUESTED, AND THE PERSONNEL POLICIES, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE PROVIDED TO ALL NEW EMPLOYEES WHEN HIRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4OTHER PROFESSIONAL AND OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 377,185. MANAGEMENT AND GENERAL EXPENSES 34,187. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 411,372.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0509695
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0519031
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05612626
IRS990/TotalAssetsEOYAmt05758577
IRS990/TotalAssetsGrp/BOYAmt05612626
IRS990/TotalAssetsGrp/EOYAmt05758577
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0780295
IRS990/TotalEmployeeCnt012
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055310
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0906493
IRS990/TotalFunctionalExpensesGrp/TotalAmt0961803
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03624318
IRS990/TotalLiabilitiesEOYAmt03666272
IRS990/TotalLiabilitiesGrp/BOYAmt03624318
IRS990/TotalLiabilitiesGrp/EOYAmt03666272
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01988308
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02092305
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0906493
IRS990/TotalProgramServiceRevenueAmt0223281
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09336
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0276169
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01065800
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05612626
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05758577
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt012163
IRS990/TravelGrp/TotalAmt012163
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01478613
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01573274
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt03342977
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt03452543
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10802 E 46TH STREET
IRS990/USAddress/City0TUCSON
IRS990/USAddress/State0AZ

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