Civic Intelligence

Palo Alto Housing Corporation

990 • Fiscal year 2022 • EIN 91-2198760

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 13, 2023

Organization ProfileALTAHOUSING.ORG
3460 W Bayshore Road 104Palo Alto, CA 94303

(650) 321-9709

Siviq Scores

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

Liabilities / Assets

54th percentile

0.28x

Higher debt load relative to assets than 54% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

2.45x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

84th percentile

38%

Higher net margin than 84% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

48th percentile

$339,749

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

77th percentile

12%

Faster asset growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

6th percentile

-52%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$58,235,741

Up $6,349,597 (+12%) from 2021

Net Assets

Up

$41,818,005

Up $515,219 (+1.2%) from 2021

Liabilities

Up

$16,417,736

Up $5,834,378 (+55%) from 2021

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin84th percentile

Revenue

Down

$6,709,968

Down $7,295,696 (-52%) from 2021

Expenses

Up

$4,182,690

Up $814,010 (+24%) from 2021

Net Income

Down

$2,527,278

Down $8,109,706 (-76%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$80M$60M$40M$20M$0Assets 2011: $8,180,288Liabilities 2011: $4,099,524Net Assets 2011: $4,080,7642011Assets 2012: $13,178,278Liabilities 2012: $8,397,310Net Assets 2012: $4,780,9682012Assets 2013: $25,653,849Liabilities 2013: $20,834,786Net Assets 2013: $4,819,0632013Assets 2014: $15,302,461Liabilities 2014: $6,163,877Net Assets 2014: $9,138,5842014Assets 2015: $22,654,490Liabilities 2015: $13,695,654Net Assets 2015: $8,958,8362015Assets 2016: $26,159,050Liabilities 2016: $6,765,330Net Assets 2016: $19,393,7202016Assets 2017: $36,929,101Liabilities 2017: $15,155,767Net Assets 2017: $21,773,3342017Assets 2018: $51,473,185Liabilities 2018: $29,553,701Net Assets 2018: $21,919,4842018Assets 2019: $46,589,212Liabilities 2019: $21,272,852Net Assets 2019: $25,316,3602019Assets 2020: $35,468,626Liabilities 2020: $5,797,381Net Assets 2020: $29,671,2452020Assets 2021: $51,886,144Liabilities 2021: $10,583,358Net Assets 2021: $41,302,7862021Assets 2022: $58,235,741Liabilities 2022: $16,417,736Net Assets 2022: $41,818,0052022Assets 2023: $63,293,834Liabilities 2023: $18,125,233Net Assets 2023: $45,168,6012023Assets 2024: $69,114,315Liabilities 2024: $21,906,552Net Assets 2024: $47,207,7632024

Highlighted filing

2022

Assets$58,235,741
Liabilities$16,417,736
Net Assets$41,818,005
Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $1,110,437Expenses 2011: $1,141,140Net Income 2011: -$30,7032011Revenue 2012: $2,202,986Expenses 2012: $1,437,279Net Income 2012: $765,7072012Revenue 2013: $1,337,446Expenses 2013: $1,422,289Net Income 2013: -$84,8432013Revenue 2014: $5,647,202Expenses 2014: $1,502,710Net Income 2014: $4,144,4922014Revenue 2015: $1,431,405Expenses 2015: $1,480,784Net Income 2015: -$49,3792015Revenue 2016: $12,205,444Expenses 2016: $1,702,022Net Income 2016: $10,503,4222016Revenue 2017: $3,892,944Expenses 2017: $1,909,835Net Income 2017: $1,983,1092017Revenue 2018: $3,016,577Expenses 2018: $3,040,882Net Income 2018: -$24,3052018Revenue 2019: $2,475,800Expenses 2019: $1,557,954Net Income 2019: $917,8462019Revenue 2020: $5,648,610Expenses 2020: $2,295,032Net Income 2020: $3,353,5782020Revenue 2021: $14,005,664Expenses 2021: $3,368,680Net Income 2021: $10,636,9842021Revenue 2022: $6,709,968Expenses 2022: $4,182,690Net Income 2022: $2,527,2782022Revenue 2023: $7,194,680Expenses 2023: $4,710,247Net Income 2023: $2,484,4332023Revenue 2024: $7,248,169Expenses 2024: $5,543,907Net Income 2024: $1,704,2622024

Highlighted filing

2022

Revenue$6,709,968
Expenses$4,182,690
Net Income$2,527,278
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 13, 2023
Return Version
2022v5.0
Gross Receipts
$6,709,968
Mission and Program Overview

Mission

To foster, develop, acquire, rehabilitate, manage and operate low- and moderate-income housing in palo alto. Includes activity of pahc housing services llc,(limited liability company) a disregarded entity which provides consulting services for the benefit of low income housing individuals.

Foster, develop, acquire, rehabilitate, manage, operate low and moderate income housing in palo alto, ca.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,370,170$20,214,671▲ $844,501
Investments Other Securities$13,212,526$12,620,838▼ $591,688
Savings and Temporary Cash Investments$3,787,235$2,264,063▼ $1,523,172
Cash and Non-Interest-Bearing Accounts$7,314,431$1,721,721▼ $5,592,710
Other Notes and Loans Receivable, Net$1,598,131$1,521,202▼ $76,929
Pledges and Grants Receivable$162,971$299,062▲ $136,091
Investments Program Related$203,974$269,038▲ $65,064
Prepaid Expenses and Deferred Charges$118,924$114,326▼ $4,598
Accounts Receivable$16,644$29,886▲ $13,242
Total Assets$51,886,144$58,235,741▲ $6,349,597
Other Assets Total$6,101,138$19,180,934▲ $13,079,796
Liabilities
Other Liabilities$3,965,995$10,683,411▲ $6,717,416
Mortgage Notes Payable Secured by Investment Property$6,321,750$5,716,875▼ $604,875
Accounts Payable and Accrued Expenses$231,265$9,219▼ $222,046
Deferred Revenue$64,348$8,231▼ $56,117
Total Liabilities$10,583,358$16,417,736▲ $5,834,378
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$41,302,786$41,818,005▲ $515,219
Total Net Assets Fund Balance$41,302,786$41,818,005▲ $515,219
Total Liabilities and Net Assets / Fund Balance$51,886,144$58,235,741▲ $6,349,597

Asset Categories

AssetBook ValueDepreciationBasis
Land$18,591,463-$18,591,463
Buildings$1,390,474$999,601$2,390,075
Equipment$232,734$328,297$561,031
Other Assets Org$5,310,058--
Other Securities$453,468--
Compensation and Service Providers
Top Officer Pay48th percentile

Board Members and Trustees

NameTitle
Jean MccownChair
Randal TsudaPresident & CEO
Jack ThompsonVice Chair
Joseph Martignetti JrVice Chair
Anna BotelhoDirector
Elizabeth RatnerDirector
Juan MendezDirector
Karen RouttDirector
Lori SaitoDirector
Margaret SloanDirector
Melissa SchildDirector
Olya KrasnykhDirector
Rachel HorstDirector
Ronald HallDirector
Tom MyersDirector
Marc GarciaCFO
Bonnie PackerSecretary
Menka SethiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,377,550
Program Service Revenue
$3,010,095
Investment Income
$322,323
Other Revenue
$0
All Other Contributions
$550
Change in Net Assets
$2,527,278
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,393,350
Other Expenses$1,789,340
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,597,527$281,917-$1,879,444
Other Employee Benefits$329,261$58,105-$387,366
Interest$155,323$27,410-$182,733
Occupancy$131,479$23,202-$154,681
Payroll Taxes$107,559$18,981-$126,540
Depreciation Depletion$90,809$16,025-$106,834
All Other Expenses$82,191$8,325-$90,516
Other Expenses$76,510$13,502-$90,012
Fees for Services Other$73,394$12,953-$86,347
Fees for Services Accounting$56,010$9,884-$65,894
Insurance$45,861$8,093-$53,954
Fees for Services Management$45,260$7,987-$53,247
Information Technology$19,570$3,453-$23,023
Travel$17,322$3,057-$20,379
Advertising$12,563$2,217-$14,780
Fees for Services Legal$6,511$1,149-$7,660
Total Functional Expenses$3,633,182$549,508$0$4,182,690
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
Operating Lease Liability$9,273,502
Related-party Payable$1,313,482
Tenant Security Deposits$96,427
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 35% controlled entity
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The staff and president & ceo reviews before filing. The tax return is also distributed to the board of directors prior to filing.”

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

“The organization discourages employees from having any conflicts of interest. If there is a potential for conflict, employees discuss the situation with the executive director.”

Form 990, Part VI, Section B, Line 15

“Compensation is determined by the board of directors.”

Form 990, Part VI, Section C, Line 19

“The governing documents, policies and financial statements are kept in the administrative office and are available upon request.”

Filing and Contact Details

Filer

Filer Name
Alta Housing
EIN
91-2198760
Phone
6503219709
Address
3460 W BAYSHORE ROAD 104, PALO ALTO, CA 94303

Signing Officer

Name
Randal Tsuda
Title
President & CEO
Phone
6503219709
Signed
2023-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Randal Tsuda
Formed
2004
Legal Domicile
CA
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Lindquist Von Husen & Joyce Llp
Address
301 HOWARD STREET SUITE 850, SAN FRANCISCO, CA 94105
Preparer
Sherman Leong
Phone
4159579999
Supplemental Narrative

Additional Explanations

FORM 990, PART V, LINE 2A & 2B:

“All employees are paid by the pahc management and services corporation, and all payroll-related filings are processed by that corporation. The reimbursement for the cost of staff for services rendered for alta housing (fka palo alto housing corporation) is reflected as other salaries and wages on the statement of functional expenses.”

FORM 990, PART XII, LINE 2C:

“The oversight process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“Alta housing (fka palo alto housing corporation) and subsidiaries believe that they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the financial statements. Alta housing (fka palo alto housing corporation) and subsidiaries' federal and state income tax and information returns for the fiscal years ended 2018 through 2021 are subject to examination by regulatory agencies, generally for three years and four years after they were filed for federal and state, respectively.”

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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/ReportableCompFromRltdOrgAmt16278200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17193145
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt17CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt06709968
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt03453
IRS990/InformationTechnologyGrp/ProgramServicesAmt019570
IRS990/InformationTechnologyGrp/TotalAmt023023
IRS990/InsuranceGrp/ManagementAndGeneralAmt08093
IRS990/InsuranceGrp/ProgramServicesAmt045861
IRS990/InsuranceGrp/TotalAmt053954
IRS990/InterestGrp/ManagementAndGeneralAmt027410
IRS990/InterestGrp/ProgramServicesAmt0155323
IRS990/InterestGrp/TotalAmt0182733
IRS990/InvestmentIncomeGrp/ExclusionAmt0322323
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0322323
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt013212526
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt012620838
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0203974
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0269038
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01327898
IRS990/LandBldgEquipBasisNetGrp/BOYAmt019370170
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020214671
IRS990/LandBldgEquipCostOrOtherBssAmt021542569
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER, DEVELOP, ACQUIRE, REHABILITATE, MANAGE AND OPERATE LOW AND MODERATE-INCOME HOUSING IN PALO ALTO, CA. INCLUDES ACTIVITY OF PAHC HOUSING SERVICES LLC (LIMITED LIABILITY COMPANY), A DISREGARDED ENTITY WHICH PROVIDES CONSULTING SERVICES FOR THE BENEFIT OF LOW-INCOME HOUSING INDIVIDUALS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06321750
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05716875
IRS990/NetAssetsOrFundBalancesBOYAmt041302786
IRS990/NetAssetsOrFundBalancesEOYAmt041818005
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2012059
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt041302786
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt041818005
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt023202
IRS990/OccupancyGrp/ProgramServicesAmt0131479
IRS990/OccupancyGrp/TotalAmt0154681
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06101138
IRS990/OtherAssetsTotalGrp/EOYAmt019180934
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt058105
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0329261
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0387366
IRS990/OtherExpensesGrp/Desc0GROUND LEASE
IRS990/OtherExpensesGrp/Desc1OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3ADMINISTRATIVE EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032792
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120456
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt213502
IRS990/OtherExpensesGrp/ProgramServicesAmt0484293
IRS990/OtherExpensesGrp/ProgramServicesAmt1185819
IRS990/OtherExpensesGrp/ProgramServicesAmt2115920
IRS990/OtherExpensesGrp/ProgramServicesAmt376510
IRS990/OtherExpensesGrp/TotalAmt0484293
IRS990/OtherExpensesGrp/TotalAmt1218611
IRS990/OtherExpensesGrp/TotalAmt2136376
IRS990/OtherExpensesGrp/TotalAmt390012
IRS990/OtherLiabilitiesGrp/BOYAmt03965995
IRS990/OtherLiabilitiesGrp/EOYAmt010683411
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0281917
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01597527
IRS990/OtherSalariesAndWagesGrp/TotalAmt01879444
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01598131
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01521202
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018981
IRS990/PayrollTaxesGrp/ProgramServicesAmt0107559
IRS990/PayrollTaxesGrp/TotalAmt0126540
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0162971
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0299062
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0118924
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0114326
IRS990/PrincipalOfficerNm0RANDAL TSUDA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/BusinessCd2541610
IRS990/ProgramServiceRevenueGrp/BusinessCd3541610
IRS990/ProgramServiceRevenueGrp/BusinessCd4541610
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01377518
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1971500
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2336812
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3130923
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4128278
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01377518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1971500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2336812
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3130923
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4128278
IRS990/ProgSrvcAccomActy2Grp/Desc0CONSULTING SERVICES FOR LOW INCOME HOUSING PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0323183
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0363808
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt05633000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0459584
IRS990/PYOtherExpensesAmt01554756
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt07913080
IRS990/PYRevenuesLessExpensesAmt010636984
IRS990/PYSalariesCompEmpBnftPaidAmt01813924
IRS990/PYTotalExpensesAmt03368680
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt014005664
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02527278
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt03377000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02646287
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03787235
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02264063
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,235,741
Liabilities
$16,417,736
Net assets
$41,818,005
Revenue
$6,709,968
Expenses
$4,182,690
Net income
$2,527,278
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$69.1$21.9$47.2$7.25$5.54$1.70
2023Detailed filing. Detailed filing data is available for this year.$63.3$18.1$45.2$7.19$4.71$2.48
2022Detailed filing. Detailed filing data is available for this year.$58.2$16.4$41.8$6.71$4.18$2.53
2021Detailed filing. Detailed filing data is available for this year.$51.9$10.6$41.3$14.0$3.37$10.6
2020Detailed filing. Detailed filing data is available for this year.$35.5$5.80$29.7$5.65$2.30$3.35
2019Summary only. Only limited summary data is available for this year.$46.6$21.3$25.3$2.48$1.56$0.92
2018Detailed filing. Detailed filing data is available for this year.$51.5$29.6$21.9$3.02$3.04$0.02
2017Detailed filing. Detailed filing data is available for this year.$36.9$15.2$21.8$3.89$1.91$1.98
2016Detailed filing. Detailed filing data is available for this year.$26.2$6.77$19.4$12.2$1.70$10.5
2015Detailed filing. Detailed filing data is available for this year.$22.7$13.7$8.96$1.43$1.48$0.05
2014Detailed filing. Detailed filing data is available for this year.$15.3$6.16$9.14$5.65$1.50$4.14
2013Summary only. Only limited summary data is available for this year.$25.7$20.8$4.82$1.34$1.42$0.08
2012Summary only. Only limited summary data is available for this year.$13.2$8.40$4.78$2.20$1.44$0.77
2011Summary only. Only limited summary data is available for this year.$8.18$4.10$4.08$1.11$1.14$0.03