Civic Intelligence

The Primavera Foundation Inc.

990 • Fiscal year 2017 • EIN 86-0733182

Jul 01, 2016 to Jun 30, 2017 • Filed on Jan 31, 2018

151 W 40th StreetTucson, AZ 85713

(520) 882-5383

Siviq Scores

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

Liabilities / Assets

46th percentile

0.17x

Higher debt load relative to assets than 46% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.26x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

60th percentile

6.3%

Higher net margin than 60% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

41st percentile

$148,826

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

57th percentile

6.6%

Faster asset growth than 57% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-3.2%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$12,141,734

Up $746,695 (+6.6%) from 2016

Net Assets

Up

$10,024,507

Up $645,510 (+6.9%) from 2016

Liabilities

Up

$2,117,227

Up $101,185 (+5.0%) from 2016

Revenue

Down

$8,004,251

Down $268,584 (-3.2%) from 2016

Expenses

Down

$7,497,990

Down $829,866 (-10.0%) from 2016

Net Income

Up

$506,261

Up $561,282 (+1020%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $9,108,058Liabilities 2011: $1,281,166Net Assets 2011: $7,826,8922011Assets 2012: $9,735,679Liabilities 2012: $1,238,128Net Assets 2012: $8,497,5512012Assets 2013: $12,738,785Liabilities 2013: $4,194,349Net Assets 2013: $8,544,4362013Assets 2014: $12,673,839Liabilities 2014: $3,547,512Net Assets 2014: $9,126,3272014Assets 2015: $11,906,031Liabilities 2015: $2,472,744Net Assets 2015: $9,433,2872015Assets 2016: $11,395,039Liabilities 2016: $2,016,042Net Assets 2016: $9,378,9972016Assets 2017: $12,141,734Liabilities 2017: $2,117,227Net Assets 2017: $10,024,5072017Assets 2018: $12,504,553Liabilities 2018: $2,299,810Net Assets 2018: $10,204,7432018Assets 2019: $12,118,291Liabilities 2019: $1,946,778Net Assets 2019: $10,171,5132019Assets 2020: $15,474,972Liabilities 2020: $3,357,612Net Assets 2020: $12,117,3602020Assets 2021: $16,781,565Liabilities 2021: $3,281,092Net Assets 2021: $13,500,4732021Assets 2022: $17,866,419Liabilities 2022: $2,218,071Net Assets 2022: $15,648,3482022Assets 2023: $17,577,888Liabilities 2023: $2,433,156Net Assets 2023: $15,144,7322023Assets 2024: $21,386,532Liabilities 2024: $1,873,456Net Assets 2024: $19,513,0762024

Highlighted filing

2017

Assets$12,141,734
Liabilities$2,117,227
Net Assets$10,024,507

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,224,400Expenses 2011: $6,192,321Net Income 2011: $32,0792011Revenue 2012: $6,982,915Expenses 2012: $6,359,330Net Income 2012: $623,5852012Expenses 2013: $7,327,8362013Revenue 2014: $9,928,781Expenses 2014: $9,593,962Net Income 2014: $334,8192014Revenue 2015: $8,627,110Expenses 2015: $8,227,775Net Income 2015: $399,3352015Revenue 2016: $8,272,835Expenses 2016: $8,327,856Net Income 2016: -$55,0212016Revenue 2017: $8,004,251Expenses 2017: $7,497,990Net Income 2017: $506,2612017Revenue 2018: $8,393,361Expenses 2018: $8,283,195Net Income 2018: $110,1662018Revenue 2019: $8,078,321Expenses 2019: $8,159,474Net Income 2019: -$81,1532019Revenue 2020: $10,618,336Expenses 2020: $8,727,050Net Income 2020: $1,891,2862020Revenue 2021: $12,647,912Expenses 2021: $11,640,715Net Income 2021: $1,007,1972021Revenue 2022: $11,969,146Expenses 2022: $9,497,712Net Income 2022: $2,471,4342022Revenue 2023: $8,796,538Expenses 2023: $9,438,771Net Income 2023: -$642,2332023Revenue 2024: $14,994,316Expenses 2024: $10,854,410Net Income 2024: $4,139,9062024

Highlighted filing

2017

Revenue$8,004,251
Expenses$7,497,990
Net Income$506,261
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jan 31, 2018
Return Version
2016v3.1
Gross Receipts
$8,094,197
Mission and Program Overview

Mission

The Primavera Foundation provides pathways out of poverty through safe, affordable housing, workforce development and neighborhood revitalization.

The primavera foundation provides a continuum of emergency services, safe, affordable housing, workforce development, financial empowerment, neighborhood revitalization and community building and advocacy that impact over 8,200 individuals and families living in southern arizona.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,273,685$7,152,837▼ $120,848
Investments in Publicly Traded Securities$1,421,458$1,556,270▲ $134,812
Cash and Non-Interest-Bearing Accounts$1,352,304$1,422,511▲ $70,207
Savings and Temporary Cash Investments$417,926$892,988▲ $475,062
Pledges and Grants Receivable$662,526$862,143▲ $199,617
Prepaid Expenses and Deferred Charges$139,846$109,368▼ $30,478
Other Notes and Loans Receivable, Net$127,294$94,913▼ $32,381
Accounts Receivable-$50,704-
Total Assets$11,395,039$12,141,734▲ $746,695
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,379,944$1,379,944→ $0
Accounts Payable and Accrued Expenses$555,204$568,548▲ $13,344
Deferred Revenue$56,103$143,771▲ $87,668
Other Liabilities$24,791$24,964▲ $173
Total Liabilities$2,016,042$2,117,227▲ $101,185
Net Assets / Fund Balance
Unrestricted Net Assets$7,694,084$8,122,886▲ $428,802
Permanently Rstr Net Assets$1,340,040$1,212,032▼ $128,008
Temporarily Rstr Net Assets$344,873$689,589▲ $344,716
Total Net Assets Fund Balance$9,378,997$10,024,507▲ $645,510
Total Liabilities and Net Assets / Fund Balance$11,395,039$12,141,734▲ $746,695

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,947,286$4,418,155$10,365,441
Land$991,492-$922,088
Equipment$29,023$515,158$544,181
Other Land Buildings$185,036-$185,036
Leasehold Improvements-$17,939$17,939

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,421,458-▲ $214,812-$1,556,270
2015$1,380,317-▲ $41,141-$1,421,458
2014$1,968,847-▲ $101,470$690,000$1,380,317
2013$1,759,329-▲ $309,518$100,000$1,968,847
2012$1,540,480-▲ $218,849-$1,759,329
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peggy HutchisonCEOFT$142,671$6,155$148,826
Nicoll Maree DalyCFOFT$8,403$335$8,738

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Joanne WilsonFinancial Serv141 MEMORIAL PARKWAY, Randolph, MA 02368$176,750
Revenue and Support

Revenue Composition

Contributions and Grants
$6,733,573
Program Service Revenue
$1,166,954
Investment Income
$65,880
Other Revenue
$37,844
All Other Contributions
$2,587,256
Change in Net Assets
$506,261

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded1$50,050
Total Noncash Contributions1$50,050

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,004,251
Revenue Not Reported on Form 990
$194,911
Total Revenue per Audited Statements
$8,199,162
Total Revenue per Form 990
$8,004,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,619,594
Other Expenses$3,109,355
Grants and Similar Amounts Paid$769,041
Total Fundraising Expense$357,944
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,355,039$268,624$205,944$2,829,607
Grants to Domestic Orgs$769,041--$769,041
Occupancy$402,697$5,902$6,645$415,244
Depreciation Depletion$389,791$13,593$433$403,817
Other Employee Benefits$241,560$41,763$27,579$310,902
Payroll Taxes$208,912$31,404$19,213$259,529
Fees for Services Other$105,123$108,612$6,315$220,050
Current Officers, Directors, Trustees, and Key Employees$39,433$125,318$36,167$200,918
All Other Expenses$113,613$8,141$6,763$128,517
Other Expenses$88,525$44,033$126$88,651
Travel$57,972$1,100$1,333$60,405
Fees for Services Accounting-$33,275-$33,275
Pension Plan Contributions$14,053$2,546$2,039$18,638
Interest$2,701--$2,701
Total Functional Expenses$6,455,735$684,311$357,944$7,497,990

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$7,553,652
Expenses per Audited Statements$7,497,990
Total Expenses per Form 990$7,497,990
Expenses Not Reported on Form 990$55,662
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Our Family ServicesTucson, AZ-Support of Mission$629,989
Old Pueblo Community ServicesTucson, AZ-Support Our Mission$110,552
Southwest Center for EconomicTucson, AZ-Support of Mission$28,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$78,260
Fundraising Direct Expenses$45,718
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Primavera Cooks$201,068$78,260$1,751$76,509
Total Events$201,068$78,260$45,718$32,542
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$24,964
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
No
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 7A

Directors are elected by members of the board of directors.

Form 990, Page 6, Part VI, Line 11B

The chief executive officer emails the tax return to the full board asking them to review and approve it via email.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. Each board member signs the conflict of interest policy when they become a board member as well as signing the policy annually. If anyone on the board feels that they should not vote on a matter before the board because they have a personal connection, they are expected to voice their concern. All members are fully aware of this policy. If a member sees or hears something that might be questionable, the concern is brought before the executive committee.

Form 990, Page 6, Part VI, Line 19

The applicable documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Primavera Foundation Inc
EIN
86-0733182
Phone
5208825383
Address
151 W 40TH STREET, TUCSON, AZ 85713

Signing Officer

Name
Peggy Hutchison
Title
CEO
Phone
5208825383
Signed
2018-01-31

Organization Details

Principal Officer
Peggy Hutchison
Formed
1983
Legal Domicile
Az
Voting Board Members
15
Independent Board Members
15
Employees
347
Volunteers
946

Preparer

Firm
Ludwig Klewer & Co Pllc
Address
4783 E CAMP LOWELL DR, TUCSON, AZ 85712
Preparer
Julie S Klewer CPA
Phone
5205450500
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

In fy 2016-2017, 946 volunteers provided 42,837 volunteer hours of support to primavera foundation. This is a value 1,034,085. Volunteers work in all of primavera's lines of business, multiple programs, as well as performing administrative tasks. Some examples of the types of jobs carried out by volunteers include: program participant intake process; meal teams; clerical positions; receptionist; filing; sorting program participant mail; assisting with handling of food boxes and in-kind donations; helping with the community annual street count of persons experiencing homelessness; rehabbing rental units; community gardening; neighborhood clean-up and art projects; legal services; primavera cooks fundraising events; workshops for program participants such as: job readiness, employment retention, financial empowerment, home-buyer and post-homeownership education; and, board governance and oversight.

Form 990, Page 2, Part III, Line 3

During fy 2017, primavera restructured its program services following a decision by the dept. Of housing and urban development (hud) to gradually eliminate funding for transitional housing programs across the nation. Prior to fy 2017, housing services for residents in primavera's rental housng programs was a seperate line of business. In july 2016, primavera moved housing services under the property and asset management line of business. At this time, primavera also completed a transition of all its transitional housing units to permanent affordable rental status. Primavera continues to provide resident services, including resource and employment specialists, financial education and empowerment services, community gardening, and other community resources to those living in rental units owned and managed by primavera foundation to ensure residents have the support necessary to achieve their maximum potential for self-sufficiency, health, and well-being.

Form 990, Page 2, Part III, Line 4A

Received safe shelter, food, and resource coordination; casa paloma served 147 drop-in women, providing breakfast, lunch, showers, washers and dryers, and assistance with finding housing; and, 23 women with transitional housing, food, and wrap around services. 370 individuals in households received rent assistance enabling them to prevent eviction. 71 individuals in families experiencing homelessness secured affordable rental housing through section 8 housing choice vouchers. 359 individuals in families secured safe, affordable rental housing through rapid re-housing services with 90% exiting with sustainable housing. 344 veterans and their families, experiencing homelessness/at risk of homelessness, secured safe, affordable rental housing and wrap around services with 88% leaving the program with sustainable housing.

Form 990, Page 2, Part III, Line 4B

Entered the program experiencing homelessness obtained permanent employment and 32% moved into stable housing upon program completion. 67% of participants increased their hourly wages. In addition, 53% of primavera works revenues came from businesses and residential customers. The drug treatment alternatives to prison (dtap) partnership program with pima county attorney's office served 90 individuals with 100% securing employment.

Form 990, Page 2, Part III, Line 4C

Housing and a variety of resident services in primavera owned units to 299 individuals (214 households). The average occupancy rate was 94%; the average collection rate was 99%. Asset management is responsible for the management and maintenance of all rental, office, and community center properties. During fiscal year 2016-2017, primavera carried out property improvements, including green, energy efficiency rehab totaling 106,307 at the following properties: casa paloma, catalina house, winstel, and five points rental apartment communities; and the emergency men's shelter.

Form 990, Page 2, Part III, Line 4D

Homeownership and financial empowerment - primavera provides a variety of financial education, homebuyer education, post-homeownership education, financial coaching, credit repair, and asset-building services, including incentive based savings plans and opportunities for first time home ownership, as it partners with individuals and families seeking long term financial empowerment. During fy 2016-2017, 468 individuals completed financial education/homebuyer education/post-homeownership education; 791 individuals participated in housing counseling and financial coaching services; 61 mothers and 67 daughters participated in the her family financial empowerment program completing financial education and starting a savings account; and, 84 families purchased their first home representing 11,137,900 in homes closed. Community building and engagement - primavera's strategies for achieving sustainable social and economic opportunity, equity, and justice for all involve a multi-sector, collaborative approach to advocacy, community building, organizing, and engagement and policy change. Primavera works with a variety of constituent groups, and multi-sector partners in targeted neighborhoods facilitating resident leadership development, community building initiatives, and supporting resident and constituent driven groups. Through education, advocacy, mobilizing, and organizing the goal is to bring about changes in policies and practices impacting poor and low- income working families in southern arizona. During fy 2016-2017, 55 city of south tucson residents participated in neighborhood block watch; 27 children participated in las abuelitas after school program, improving their literacy skills; 200 people participated in three rights restoration clinics, beginning the process to have their civil rights restored; 75 residents participated in the community gardens; and 1,018 residents participated in healthy south tucson events such as: health fair; neighborhood clean-up; and back to school drive providing school materials for local schools and after school programs and new coats and shoes for neighborhood children. Neighborhood revitalization - primavera partners with neighborhood residents, businesses, public sector and community partners to enhance the quality of life and build the capacity of residents and stake holders through the development of quality, energy efficient, affordable housing, community gardens, pocket parks, community planning, and neighborhood investment. During fy 2016-2017, three formerly distressed lots were prepared for the development of new single family homes; a comprehensive community development plan incorporating the city of south tucson was initiated with residents, the city, and community partners; residents participated in a national community leadership institute and developed a project for a new public park; and a new partnership with las artes ged and art program was developed to design public art for a community garden and future public park.

Form 990, Part XI, Line 9

Special events expense 45,718 bad debt expense -9,944 special events expense -45,718 total -9,944

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Endowment funds are used to support the organization's mission.

Schedule D, Page 3, Part X

The organization's policy is to disclose or recognize income tax positions based on management's estimate of whether it is reasonable possible or probably, respectively, that a liability has been incurred for unrecognized income tax positions. As of june 30, 2017, there were no uncertain tax positions that are potentially material. In addition, management is not aware of any matter which would cause the organization to lose its tax- exempt status.

Schedule D, Page 4, Part XI, Line 2D

Special events expense 45,718

Schedule D, Page 4, Part XII, Line 2D

Bad debt expense 9,944 special events expense 45,718

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IRS990/Desc0EMERGENCY SERVICES PROGRAMS ARE OFTEN THE FIRST CONTACT A PERSON HAS WITH THE CONTINUUM OF SERVICES OFFERED BY PRIMAVERA. THERE ARE FIVE EMERGENCY SERVICES PROGRAMS, INCLUDING: 1) HOMELESS PREVENTION AND INTERVENTION (HIP) INCLUDING A VARIETY OF SERVICES; 2) EMERGENCY MEN'S SHELTER; 3) GREYHOUND FAMILY SHELTER; 4) PROJECT ACTION FOR VETERANS, SERVING VETERANS AND THEIR FAMILIES; AND 5) CASA PALOMA DROP-IN HOSPITALITY CENTER AND TRANSITIONAL HOUSING FOR UNACCOMPANIED WOMEN EXPERIENCING HOMELESSNESS. IN FY 2016-2017, THE EMERGENCY SERVICES PROGRAMS SERVED 5,132 INDIVIDUALS. 2,627 INDIVIDUALS HAD THEIR IMMEDIATE HEALTH AND SAFETY NEEDS MET, INCLUDING MAIL AND PHONE MESSAGE SERVICE AND SECURING IDENTIFICATION CARDS; 928 MEN RECEIVED TEMPORARY HOUSING, FOOD, AND OTHER SERVICES; 263 INDIVIDUALS IN FAMILIES RECEIVED SAFE SHELTER, FOOD, AND RESOURCE COORDINATION; CASA PALOMA SERVED 147 DROP-IN WOMEN, PROVIDING BREAKFAST, LUNCH, SHOWERS, WASHERS AND DRYERS, AND ASSISTANCE WITH FINDING HOUSING; AND, 23 WOMEN WITH TRANSITIONAL HOUSING, FOOD, AND WRAP AROUND SERVICES. 370 INDIVIDUALS IN HOUSEHOLDS RECEIVED RENT ASSISTANCE ENABLING THEM TO PREVENT EVICTION. 71 INDIVIDUALS IN FAMILIES EXPERIENCING HOMELESSNESS SECURED AFFORDABLE RENTAL HOUSING THROUGH SECTION 8 HOUSING CHOICE VOUCHERS. 359 INDIVIDUALS IN FAMILIES SECURED SAFE, AFFORDABLE RENTAL HOUSING THROUGH RAPID RE-HOUSING SERVICES WITH 90% EXITING WITH SUSTAINABLE HOUSING. 344 VETERANS AND THEIR FAMILIES, EXPERIENCING HOMELESSNESS/AT RISK OF HOMELESSNESS, SECURED SAFE, AFFORDABLE RENTAL HOUSING AND WRAP AROUND SERVICES WITH 88% LEAVING THE PROGRAM WITH SUSTAINABLE HOUSING.
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IRS990/ProgSrvcAccomActy2Grp/Desc0WORKFORCE DEVELOPMENT - PRIMAVERA WORKS, PRIMAVERA'S SOCIAL ENTERPRISE ALTERNATIVE STAFFING SERVICE AND WORKFORCE DEVELOPMENT CENTER PROVIDES TEMPORARY AND TEMP-TO-HIRE WORKERS FOR RESIDENTIAL, BUSINESS, AND PUBLIC SECTOR PARTNERS. PRIMAVERA WORKS OFFERS SKILLS ASSESSMENT, JOB READINESS AND JOB SKILL DEVELOPMENT, JOB COACHING, LIVABLE WAGES, LUNCHES, TRANSPORTATION, WORKER SUPPLIES, FINANCIAL EMPOWERMENT, TEMPORARY EMPLOYMENT, AND OPPORTUNITIES TO OBTAIN PERMANENT EMPLOYMENT THROUGH PARTNERSHIPS WITH LOCAL EMPLOYERS. PRIMAVERA WORKS FOCUSES ON PEOPLE WITH BARRIERS TO EMPLOYMENT, SUCH AS PEOPLE EXPERIENCING HOMELESSNESS, FORMERLY INCARCERATED PEOPLE, AND VETERANS. DURING FISCAL YEAR 2016-2017, 477 INDIVIDUALS ENROLLED IN WORKS WITH THE FOLLOWING OUTCOMES: 44% OF THOSE WHO ENTERED THE PROGRAM EXPERIENCING HOMELESSNESS OBTAINED PERMANENT EMPLOYMENT AND 32% MOVED INTO STABLE HOUSING UPON PROGRAM COMPLETION. 67% OF PARTICIPANTS INCREASED THEIR HOURLY WAGES. IN ADDITION, 53% OF PRIMAVERA WORKS REVENUES CAME FROM BUSINESSES AND RESIDENTIAL CUSTOMERS. THE DRUG TREATMENT ALTERNATIVES TO PRISON (DTAP) PARTNERSHIP PROGRAM WITH PIMA COUNTY ATTORNEY'S OFFICE SERVED 90 INDIVIDUALS WITH 100% SECURING EMPLOYMENT.
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IRS990/ProgSrvcAccomActy3Grp/Desc0ASSET MANAGEMENT - PRIMAVERA OWNS 17 PROPERTIES WHICH INCLUDE THREE OFFICE BUILDINGS, A TRAINING CENTER, A COMMUNITY CENTER, TWO SHELTERS WITH 108 BEDS AND 17 UNITS, AND 11 MULTIFAMILY RENTAL PROPERTIES WITH 138 UNITS. VALUED AT A LITTLE OVER 10.8 MILLION, ALL BUT THREE PROPERTIES ARE 100% OWNED WITHOUT ANY DEBT SERVICE. PRIMAVERA'S GOALS FOR DEVELOPING AND MANAGING HOUSING AND COMMUNITY CENTER PROPERTIES IS TO ENSURE THAT PEOPLE HAVE FAIR ACCESS TO SAFE, AFFORDABLE HOUSING AS WELL AS THE SUPPORT NECESSARY TO ACHIEVE THEIR GOALS OF SELF-SUFFICIENCY AND ENGAGEMENT IN THE COMMUNITY. THE MAJORITY OF TENANTS LIVING IN PIRMAVERA'S SHELTERS AND RENTAL HOUSING PROGRAMS FALL INTO THE 50% AREA MEDIAN INCOME BRACKET OR BELOW. DURING FY 2016-2017, PRIMAVERA PROVIDED SAFE, AFFORDABLE RENTAL HOUSING AND A VARIETY OF RESIDENT SERVICES IN PRIMAVERA OWNED UNITS TO 299 INDIVIDUALS (214 HOUSEHOLDS). THE AVERAGE OCCUPANCY RATE WAS 94%; THE AVERAGE COLLECTION RATE WAS 99%. ASSET MANAGEMENT IS RESPONSIBLE FOR THE MANAGEMENT AND MAINTENANCE OF ALL RENTAL, OFFICE, AND COMMUNITY CENTER PROPERTIES. DURING FISCAL YEAR 2016-2017, PRIMAVERA CARRIED OUT PROPERTY IMPROVEMENTS, INCLUDING GREEN, ENERGY EFFICIENCY REHAB TOTALING 106,307 AT THE FOLLOWING PROPERTIES: CASA PALOMA, CATALINA HOUSE, WINSTEL, AND FIVE POINTS RENTAL APARTMENT COMMUNITIES; AND THE EMERGENCY MEN'S SHELTER.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0HOMEOWNERSHIP AND FINANCIAL EMPOWERMENT - PRIMAVERA PROVIDES A VARIETY OF FINANCIAL EDUCATION, HOMEBUYER EDUCATION, POST-HOMEOWNERSHIP EDUCATION, FINANCIAL COACHING, CREDIT REPAIR, AND ASSET-BUILDING SERVICES, INCLUDING INCENTIVE BASED SAVINGS PLANS AND OPPORTUNITIES FOR FIRST TIME HOME OWNERSHIP, AS IT PARTNERS WITH INDIVIDUALS AND FAMILIES SEEKING LONG TERM FINANCIAL EMPOWERMENT. DURING FY 2016-2017, 468 INDIVIDUALS COMPLETED FINANCIAL EDUCATION/HOMEBUYER EDUCATION/POST-HOMEOWNERSHIP EDUCATION; 791 INDIVIDUALS PARTICIPATED IN HOUSING COUNSELING AND FINANCIAL COACHING SERVICES; 61 MOTHERS AND 67 DAUGHTERS PARTICIPATED IN THE HER FAMILY FINANCIAL EMPOWERMENT PROGRAM COMPLETING FINANCIAL EDUCATION AND STARTING A SAVINGS ACCOUNT; AND, 84 FAMILIES PURCHASED THEIR FIRST HOME REPRESENTING 11,137,900 IN HOMES CLOSED. COMMUNITY BUILDING AND ENGAGEMENT - PRIMAVERA'S STRATEGIES FOR ACHIEVING SUSTAINABLE SOCIAL AND ECONOMIC OPPORTUNITY, EQUITY, AND JUSTICE FOR ALL INVOLVE A MULTI-SECTOR, COLLABORATIVE APPROACH TO ADVOCACY, COMMUNITY BUILDING, ORGANIZING, AND ENGAGEMENT AND POLICY CHANGE. PRIMAVERA WORKS WITH A VARIETY OF CONSTITUENT GROUPS, AND MULTI-SECTOR PARTNERS IN TARGETED NEIGHBORHOODS FACILITATING RESIDENT LEADERSHIP DEVELOPMENT, COMMUNITY BUILDING INITIATIVES, AND SUPPORTING RESIDENT AND CONSTITUENT DRIVEN GROUPS. THROUGH EDUCATION, ADVOCACY, MOBILIZING, AND ORGANIZING THE GOAL IS TO BRING ABOUT CHANGES IN POLICIES AND PRACTICES IMPACTING POOR AND LOW- INCOME WORKING FAMILIES IN SOUTHERN ARIZONA. DURING FY 2016-2017, 55 CITY OF SOUTH TUCSON RESIDENTS PARTICIPATED IN NEIGHBORHOOD BLOCK WATCH; 27 CHILDREN PARTICIPATED IN LAS ABUELITAS AFTER SCHOOL PROGRAM, IMPROVING THEIR LITERACY SKILLS; 200 PEOPLE PARTICIPATED IN THREE RIGHTS RESTORATION CLINICS, BEGINNING THE PROCESS TO HAVE THEIR CIVIL RIGHTS RESTORED; 75 RESIDENTS PARTICIPATED IN THE COMMUNITY GARDENS; AND 1,018 RESIDENTS PARTICIPATED IN HEALTHY SOUTH TUCSON EVENTS SUCH AS: HEALTH FAIR; NEIGHBORHOOD CLEAN-UP; AND BACK TO SCHOOL DRIVE PROVIDING SCHOOL MATERIALS FOR LOCAL SCHOOLS AND AFTER SCHOOL PROGRAMS AND NEW COATS AND SHOES FOR NEIGHBORHOOD CHILDREN. NEIGHBORHOOD REVITALIZATION - PRIMAVERA PARTNERS WITH NEIGHBORHOOD RESIDENTS, BUSINESSES, PUBLIC SECTOR AND COMMUNITY PARTNERS TO ENHANCE THE QUALITY OF LIFE AND BUILD THE CAPACITY OF RESIDENTS AND STAKE HOLDERS THROUGH THE DEVELOPMENT OF QUALITY, ENERGY EFFICIENT, AFFORDABLE HOUSING, COMMUNITY GARDENS, POCKET PARKS, COMMUNITY PLANNING, AND NEIGHBORHOOD INVESTMENT. DURING FY 2016-2017, THREE FORMERLY DISTRESSED LOTS WERE PREPARED FOR THE DEVELOPMENT OF NEW SINGLE FAMILY HOMES; A COMPREHENSIVE COMMUNITY DEVELOPMENT PLAN INCORPORATING THE CITY OF SOUTH TUCSON WAS INITIATED WITH RESIDENTS, THE CITY, AND COMMUNITY PARTNERS; RESIDENTS PARTICIPATED IN A NATIONAL COMMUNITY LEADERSHIP INSTITUTE AND DEVELOPED A PROJECT FOR A NEW PUBLIC PARK; AND A NEW PARTNERSHIP WITH LAS ARTES GED AND ART PROGRAM WAS DEVELOPED TO DESIGN PUBLIC ART FOR A COMMUNITY GARDEN AND FUTURE PUBLIC PARK.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS GROSS RECEIPTS 388,350 OTHER INCOME 300,144
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06733573

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.4$1.87$19.5$15.0$10.9$4.14
2023Detailed filing. Detailed filing data is available for this year.$17.6$2.43$15.1$8.80$9.44$0.64
2022Detailed filing. Detailed filing data is available for this year.$17.9$2.22$15.6$12.0$9.50$2.47
2021Detailed filing. Detailed filing data is available for this year.$16.8$3.28$13.5$12.6$11.6$1.01
2020Detailed filing. Detailed filing data is available for this year.$15.5$3.36$12.1$10.6$8.73$1.89
2019Detailed filing. Detailed filing data is available for this year.$12.1$1.95$10.2$8.08$8.16$0.08
2018Detailed filing. Detailed filing data is available for this year.$12.5$2.30$10.2$8.39$8.28$0.11
2017Detailed filing. Detailed filing data is available for this year.$12.1$2.12$10.0$8.00$7.50$0.51
2016Detailed filing. Detailed filing data is available for this year.$11.4$2.02$9.38$8.27$8.33$0.06
2015Detailed filing. Detailed filing data is available for this year.$11.9$2.47$9.43$8.63$8.23$0.40
2014Detailed filing. Detailed filing data is available for this year.$12.7$3.55$9.13$9.93$9.59$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$4.19$8.54$7.33
2012Summary only. Only limited summary data is available for this year.$9.74$1.24$8.50$6.98$6.36$0.62
2011Summary only. Only limited summary data is available for this year.$9.11$1.28$7.83$6.22$6.19$0.03