Civic Intelligence

Rural Housing Development Corporation

990 • Fiscal year 2014 • EIN 87-0622732

Oct 01, 2013 to Sep 30, 2014 • Filed on Feb 19, 2015

Organization ProfileWWW.SELFHELPHOMES.ORG

View Organization Page

709 North 1890 West84601

(801) 375-2205

Siviq Scores

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

Liabilities / Assets

67th percentile

0.44x

Higher debt load relative to assets than 67% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

3.89x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Net Margin

77th percentile

19%

Higher net margin than 77% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Top Officer Pay

33rd percentile

$125,830

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2014

Asset Growth

68th percentile

8.8%

Faster asset growth than 68% of similar nonprofits.

2014 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Balance Sheet
Liabilities / Assets67th percentile

Assets

Up

$11,196,445

Up $904,214 (+8.8%) from 2013

Net Assets

Up

$6,281,004

Up $234,111 (+3.9%) from 2013

Liabilities

Up

$4,915,441

Up $670,103 (+16%) from 2013

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin77th percentile

Revenue

$1,263,122

No earlier filing loaded for comparison.

Expenses

Down

$1,029,011

Down $47,524 (-4.4%) from 2013

Net Income

$234,111

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$40M$30M$20M$10M$0Assets 2010: $10,336,782Liabilities 2010: $6,753,456Net Assets 2010: $3,583,3262010Assets 2011: $9,476,146Liabilities 2011: $4,808,658Net Assets 2011: $4,667,4882011Assets 2012: $10,013,603Liabilities 2012: $4,770,555Net Assets 2012: $5,243,0482012Assets 2013: $10,292,231Liabilities 2013: $4,245,338Net Assets 2013: $6,046,8932013Assets 2014: $11,196,445Liabilities 2014: $4,915,441Net Assets 2014: $6,281,0042014Assets 2015: $12,797,706Liabilities 2015: $6,080,938Net Assets 2015: $6,716,7682015Assets 2016: $15,542,929Liabilities 2016: $7,068,782Net Assets 2016: $8,474,1472016Assets 2017: $15,794,511Liabilities 2017: $6,317,585Net Assets 2017: $9,476,9262017Assets 2018: $19,443,809Liabilities 2018: $7,316,895Net Assets 2018: $12,126,9142018Assets 2019: $18,238,427Liabilities 2019: $6,047,613Net Assets 2019: $12,190,8142019Assets 2020: $24,614,391Liabilities 2020: $9,854,190Net Assets 2020: $14,760,2012020Assets 2021: $29,754,562Liabilities 2021: $12,384,674Net Assets 2021: $17,369,8882021Assets 2022: $31,533,025Liabilities 2022: $13,667,359Net Assets 2022: $17,865,6662022Assets 2023: $33,474,837Liabilities 2023: $15,455,101Net Assets 2023: $18,019,7362023Assets 2024: $32,365,254Liabilities 2024: $13,627,353Net Assets 2024: $18,737,9012024

Highlighted filing

2014

Assets$11,196,445
Liabilities$4,915,441
Net Assets$6,281,004
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0M$4.0M$2.0M$0Expenses 2010: $857,5432010Expenses 2011: $916,7042011Expenses 2012: $932,3212012Expenses 2013: $1,076,5352013Revenue 2014: $1,263,122Expenses 2014: $1,029,011Net Income 2014: $234,1112014Revenue 2015: $1,720,448Expenses 2015: $1,284,684Net Income 2015: $435,7642015Revenue 2016: $2,996,521Expenses 2016: $1,239,142Net Income 2016: $1,757,3792016Revenue 2017: $2,498,902Expenses 2017: $1,496,123Net Income 2017: $1,002,7792017Revenue 2018: $4,257,315Expenses 2018: $1,607,327Net Income 2018: $2,649,9882018Revenue 2019: $1,829,890Expenses 2019: $1,765,990Net Income 2019: $63,9002019Revenue 2020: $4,475,390Expenses 2020: $1,906,003Net Income 2020: $2,569,3872020Revenue 2021: $4,698,505Expenses 2021: $2,088,818Net Income 2021: $2,609,6872021Revenue 2022: $2,710,325Expenses 2022: $2,214,547Net Income 2022: $495,7782022Revenue 2023: $2,315,219Expenses 2023: $2,161,149Net Income 2023: $154,0702023Revenue 2024: $2,866,278Expenses 2024: $2,148,113Net Income 2024: $718,1652024

Highlighted filing

2014

Revenue$1,263,122
Expenses$1,029,011
Net Income$234,111
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Feb 19, 2015
Return Version
2013v4.0
Gross Receipts
$2,732,599
Mission and Program Overview

Mission

To provide quality affordable housing opportunities to individuals and families living in Utah.

The mission of rural housing development corporation is to provide quality affordable housing opportunities to individuals and families living in central utah

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,449,378$5,946,082▲ $1,496,704
Inventories for Sale or Use$3,209,243$2,381,698▼ $827,545
Other Notes and Loans Receivable, Net$2,289,330$2,030,476▼ $258,854
Land, Buildings, and Equipment, Net$259,565$619,518▲ $359,953
Accounts Receivable$59,116$183,013▲ $123,897
Prepaid Expenses and Deferred Charges$25,599$35,658▲ $10,059
Cash and Non-Interest-Bearing Accounts-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$10,292,231$11,196,445▲ $904,214
Other Assets Total-$0-
Liabilities
Other Liabilities$4,066,565$4,351,867▲ $285,302
Mortgage Notes Payable Secured by Investment Property-$370,000-
Deferred Revenue$115,442$121,611▲ $6,169
Accounts Payable and Accrued Expenses$63,331$71,963▲ $8,632
Total Liabilities$4,245,338$4,915,441▲ $670,103
Net Assets / Fund Balance
Unrestricted Net Assets$5,996,893$6,281,004▲ $284,111
Temporarily Rstr Net Assets$50,000--
Total Net Assets Fund Balance$6,046,893$6,281,004▲ $234,111
Total Liabilities and Net Assets / Fund Balance$10,292,231$11,196,445▲ $904,214

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$420,885$64,646$485,531
Land$187,383-$187,383
Equipment$7,693$151,562$159,255
Other Land Buildings$3,557$16,049$19,606
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Brad BishopExecutive DirectorFT$125,830$125,830

Board Members and Trustees

NameTitle
Denton AlexanderBoard President
Mary Anne ChristiansenBoard Member
Nathan MurrayBoard Member
Scott MccauleyBoard Member
Lynell SmithBoard Sec/treas
Lynn RobbinsBoard Vice Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$960,572
Program Service Revenue
$19,810
Investment Income
$6,326
Other Revenue
$276,414
All Other Contributions
$198,496
Change in Net Assets
$234,111
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$856,777
Other Expenses$172,234
Total Fundraising Expense$10,290
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$437,984$60,412$5,034$503,430
Pension Plan Contributions$197,940$27,302$2,275$227,517
Current Officers, Directors, Trustees, and Key Employees$110,730$13,842$1,258$125,830
Insurance$16,724$2,307$192$19,223
Fees for Services Other$16,274$2,244$187$18,705
Office Expenses$15,235$2,101$175$17,511
All Other Expenses$14,152$1,952$163$16,267
Travel$11,839$1,633$136$13,608
Other Expenses$8,513$1,174$98$9,785
Depreciation Depletion$7,833$1,081$90$9,004
Interest$7,340$1,013$84$8,437
Occupancy$7,287$1,005$84$8,376
Fees for Services Accounting$6,895$951$79$7,925
Fees for Services Legal$131$18$2$151
Total Functional Expenses$896,497$122,224$10,290$1,029,011
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Housing Assistance Council$2,595,796
Uvhc Loans Payable$1,066,691
Trust Fund Liability$479,851
Conditional Loan Uvhc$209,528
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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, Line 11B: Form 990 Review Process

“A third-party accounting firm, gilbert & stewart, cpa's, prepares the form 990 for rhdc. The executive director and the board president review the prepared 990 for comments. Rhdc's board of trustees also reviews the form 990 and the final audit at its regularly held monthly board meeting prior to submittal.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“A third-party accounting firm, gilbert & stewart, cpas prepares the form 990 for rhdc. The executive director and the board president review the prepared 990 for comments. Rhdcs board of trustees also reviews the form 990 and the final audit at its regularly held monthly board meeting prior to submittal.”

Filing and Contact Details

Filer

EIN
87-0622732
Phone
8013752205

Signing Officer

Name
Brad Bishop
Title
Executive Director
Signed
2015-02-19
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Ut
Voting Board Members
6
Independent Board Members
6
Employees
10

Preparer

Preparer
Randel Heaton CPA
Phone
8013775300
Supplemental Narrative

Additional Explanations

Availability of Information

“Rhdc directs the public to www.guidestar.org for review of the form 990 and to the utah state auditor's office website http://www.sao.utah.gov/lgreports.html for the financial statements. Rhdc will provide our confilct of interest policy to the public upon request.”

Compensation of Employees

“The rhdc board collects salary studies and form 990's from other similar non-profit affordable housing organizations to determine salaries for all rhdc employees.”

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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/LessRentalExpensesGrp/RealAmt011415
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF RURAL HOUSING DEVELOPMENT CORPORATION IS TO PROVIDE QUALITY AFFORDABLE HOUSING OPPORTUNITIES TO INDIVIDUALS AND FAMILIES LIVING IN CENTRAL UTAH
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0370000
IRS990/NetAssetsOrFundBalancesBOYAmt06046893
IRS990/NetAssetsOrFundBalancesEOYAmt06281004
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0266693
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0266693
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt09721
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt09721
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt084
IRS990/OccupancyGrp/ManagementAndGeneralAmt01005
IRS990/OccupancyGrp/ProgramServicesAmt07287
IRS990/OccupancyGrp/TotalAmt08376
IRS990/OfficeExpensesGrp/FundraisingAmt0175
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02101
IRS990/OfficeExpensesGrp/ProgramServicesAmt015235
IRS990/OfficeExpensesGrp/TotalAmt017511
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc05095-5110- TOOLS, REPAIRS & MA
IRS990/OtherExpensesGrp/Desc15010 - TRAINING
IRS990/OtherExpensesGrp/Desc25040 - TELEPHONE
IRS990/OtherExpensesGrp/Desc35210 - HOUSE PLANS
IRS990/OtherExpensesGrp/FundraisingAmt0200
IRS990/OtherExpensesGrp/FundraisingAmt1130
IRS990/OtherExpensesGrp/FundraisingAmt2103
IRS990/OtherExpensesGrp/FundraisingAmt398
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02394
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11565
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21230
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31174
IRS990/OtherExpensesGrp/ProgramServicesAmt017360
IRS990/OtherExpensesGrp/ProgramServicesAmt111340
IRS990/OtherExpensesGrp/ProgramServicesAmt28920
IRS990/OtherExpensesGrp/ProgramServicesAmt38513
IRS990/OtherExpensesGrp/TotalAmt019954
IRS990/OtherExpensesGrp/TotalAmt113035
IRS990/OtherExpensesGrp/TotalAmt210253
IRS990/OtherExpensesGrp/TotalAmt39785
IRS990/OtherLiabilitiesGrp/BOYAmt04066565
IRS990/OtherLiabilitiesGrp/EOYAmt04351867
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05034
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060412
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0437984
IRS990/OtherSalariesAndWagesGrp/TotalAmt0503430
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02289330
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt02030476
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/FundraisingAmt02275
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt027302
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0197940
IRS990/PensionPlanContributionsGrp/TotalAmt0227517
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt025599
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt035658
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROG FEES AND REIMB EXP
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt019810
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt019810
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01665807
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03453
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0253922
IRS990/PYOtherRevenueAmt0152570
IRS990/PYProgramServiceRevenueAmt058550
IRS990/PYRevenuesLessExpensesAmt0803845
IRS990/PYSalariesCompEmpBnftPaidAmt0822613
IRS990/PYTotalExpensesAmt01076535
IRS990/PYTotalRevenueAmt01880380
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0234111
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt09721
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04449378
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05946082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0960599
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01665807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01390190
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01812490
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01243248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07072334
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06326
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt03453
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08928
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt032158
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026725
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt077590
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0266692
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0152570
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt064799
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0136558
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0434988
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01055607
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86190
IRS990ScheduleA/PublicSupportPY170Pct00.88400
IRS990ScheduleA/PublicSupportTotal170Amt07072334
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0960599
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01665807
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01390190
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01812490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01243248
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07072334
IRS990ScheduleA/TotalSupportAmt08205531
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0420885
IRS990ScheduleD/BuildingsGrp/DepreciationAmt064646
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0485531
IRS990ScheduleD/EquipmentGrp/BookValueAmt07693
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0151562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0159255
IRS990ScheduleD/LandGrp/BookValueAmt0187383
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0187383
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03557
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt016049
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt019606
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0209528
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12595796
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3479851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt41066691
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONDITIONAL LOAN UVHC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1HOUSING ASSISTANCE COUNCIL
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TRUST FUND LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4UVHC LOANS PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0619518
IRS990ScheduleD/TotalLiabilityAmt04351867
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A THIRD-PARTY ACCOUNTING FIRM, GILBERT & STEWART, CPA'S, PREPARES THE FORM 990 FOR RHDC. THE EXECUTIVE DIRECTOR AND THE BOARD PRESIDENT REVIEW THE PREPARED 990 FOR COMMENTS. RHDC'S BOARD OF TRUSTEES ALSO REVIEWS THE FORM 990 AND THE FINAL AUDIT AT ITS REGULARLY HELD MONTHLY BOARD MEETING PRIOR TO SUBMITTAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A THIRD-PARTY ACCOUNTING FIRM, GILBERT & STEWART, CPAS PREPARES THE FORM 990 FOR RHDC. THE EXECUTIVE DIRECTOR AND THE BOARD PRESIDENT REVIEW THE PREPARED 990 FOR COMMENTS. RHDCS BOARD OF TRUSTEES ALSO REVIEWS THE FORM 990 AND THE FINAL AUDIT AT ITS REGULARLY HELD MONTHLY BOARD MEETING PRIOR TO SUBMITTAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2RHDC DIRECTS THE PUBLIC TO WWW.GUIDESTAR.ORG FOR REVIEW OF THE FORM 990 AND TO THE UTAH STATE AUDITOR'S OFFICE WEBSITE HTTP://WWW.SAO.UTAH.GOV/LGREPORTS.HTML FOR THE FINANCIAL STATEMENTS. RHDC WILL PROVIDE OUR CONFILCT OF INTEREST POLICY TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE RHDC BOARD COLLECTS SALARY STUDIES AND FORM 990'S FROM OTHER SIMILAR NON-PROFIT AFFORDABLE HOUSING ORGANIZATIONS TO DETERMINE SALARIES FOR ALL RHDC EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2AVAILABILITY OF INFORMATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3COMPENSATION OF EMPLOYEES

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,196,445
Liabilities
$4,915,441
Net assets
$6,281,004
Revenue
$1,263,122
Expenses
$1,029,011
Net income
$234,111
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.4$13.6$18.7$2.87$2.15$0.72
2023Detailed filing. Detailed filing data is available for this year.$33.5$15.5$18.0$2.32$2.16$0.15
2022Detailed filing. Detailed filing data is available for this year.$31.5$13.7$17.9$2.71$2.21$0.50
2021Detailed filing. Detailed filing data is available for this year.$29.8$12.4$17.4$4.70$2.09$2.61
2020Detailed filing. Detailed filing data is available for this year.$24.6$9.85$14.8$4.48$1.91$2.57
2019Detailed filing. Detailed filing data is available for this year.$18.2$6.05$12.2$1.83$1.77$0.06
2018Detailed filing. Detailed filing data is available for this year.$19.4$7.32$12.1$4.26$1.61$2.65
2017Detailed filing. Detailed filing data is available for this year.$15.8$6.32$9.48$2.50$1.50$1.00
2016Detailed filing. Detailed filing data is available for this year.$15.5$7.07$8.47$3.00$1.24$1.76
2015Detailed filing. Detailed filing data is available for this year.$12.8$6.08$6.72$1.72$1.28$0.44
2014Detailed filing. Detailed filing data is available for this year.$11.2$4.92$6.28$1.26$1.03$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$4.25$6.05$1.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.0$4.77$5.24$0.93
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.48$4.81$4.67$0.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$6.75$3.58$0.86