Civic Intelligence

Palo Alto Housing Corporation

990 • Fiscal year 2023 • EIN 91-2198760

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

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

52nd percentile

0.29x

Higher debt load relative to assets than 52% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

87th percentile

2.52x

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

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

87th percentile

35%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

50th percentile

$354,026

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

58th percentile

8.7%

Faster asset growth than 58% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

56th percentile

7.2%

Faster revenue growth than 56% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$63,293,834

Up $5,058,093 (+8.7%) from 2022

Net Assets

Up

$45,168,601

Up $3,350,596 (+8.0%) from 2022

Liabilities

Up

$18,125,233

Up $1,707,497 (+10%) from 2022

Revenue And Expenses
Liabilities / Revenue87th percentileNet Margin87th percentile

Revenue

Up

$7,194,680

Up $484,712 (+7.2%) from 2022

Expenses

Up

$4,710,247

Up $527,557 (+13%) from 2022

Net Income

Down

$2,484,433

Down $42,845 (-1.7%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth58th 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

2023

Assets$63,293,834
Liabilities$18,125,233
Net Assets$45,168,601
Open 2023 Filing

Operations Trend

Revenue Growth56th 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

2023

Revenue$7,194,680
Expenses$4,710,247
Net Income$2,484,433
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$7,194,680
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$20,214,671$20,128,035▼ $86,636
Investments Other Securities$12,620,838$14,305,766▲ $1,684,928
Cash and Non-Interest-Bearing Accounts$1,721,721$8,266,482▲ $6,544,761
Savings and Temporary Cash Investments$2,264,063$2,156,004▼ $108,059
Other Notes and Loans Receivable, Net$1,521,202$1,551,510▲ $30,308
Prepaid Expenses and Deferred Charges$114,326$607,202▲ $492,876
Investments Program Related$269,038$164,223▼ $104,815
Pledges and Grants Receivable$299,062$67,488▼ $231,574
Accounts Receivable$29,886$19,527▼ $10,359
Total Assets$58,235,741$63,293,834▲ $5,058,093
Other Assets Total$19,180,934$16,027,597▼ $3,153,337
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,716,875$11,272,890▲ $5,556,015
Other Liabilities$10,683,411$6,871,881▼ $3,811,530
Deferred Revenue$8,231$7,036▼ $1,195
Accounts Payable and Accrued Expenses$9,219$-26,574▼ $35,793
Total Liabilities$16,417,736$18,125,233▲ $1,707,497
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$41,818,005$45,168,601▲ $3,350,596
Total Net Assets Fund Balance$41,818,005$45,168,601▲ $3,350,596
Total Liabilities and Net Assets / Fund Balance$58,235,741$63,293,834▲ $5,058,093

Asset Categories

AssetBook ValueDepreciationBasis
Land$18,591,463-$18,591,463
Buildings$1,325,955$1,070,369$2,396,324
Equipment$210,617$363,905$574,522
Other Assets Org$4,994,717--
Other Securities$484,149--
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleOtherTotal
Serena ChungChief People Officer$148,849$148,849

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
Sheryl KleinCOO
Bonnie PackerSecretary
Menka SethiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,336,340
Program Service Revenue
$2,042,258
Investment Income
$816,082
Other Revenue
$0
All Other Contributions
$1,340
Change in Net Assets
$2,484,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,616,844
Other Expenses$2,093,403
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,717,616$303,109-$2,020,725
Other Employee Benefits$388,650$68,585-$457,235
Other Expenses$129,907$22,925-$152,832
Occupancy$127,038$22,419-$149,457
All Other Expenses$121,108$21,373-$142,481
Payroll Taxes$118,051$20,833-$138,884
Depreciation Depletion$90,420$15,956-$106,376
Fees for Services Accounting$59,224$10,451-$69,675
Fees for Services Other$55,562$9,805-$65,367
Insurance$48,139$8,495-$56,634
Fees for Services Management$47,523$8,386-$55,909
Information Technology$31,435$5,547-$36,982
Travel$24,720$4,362-$29,082
Advertising$10,452$1,844-$12,296
Interest$10,066$1,776-$11,842
Total Functional Expenses$4,151,677$558,570$0$4,710,247
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$9,676,920
Tenant Security Deposits$109,745
Related-party Payable$-2,914,784
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
2024-11-15
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 2019 through 2022 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/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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/ReportableCompFromRltdOrgAmt16288288
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17204463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18223238
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19120380
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/Form990PartVIISectionAGrp/TitleTxt18COO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF PEOPLE OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt01000000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07194680
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05547
IRS990/InformationTechnologyGrp/ProgramServicesAmt031435
IRS990/InformationTechnologyGrp/TotalAmt036982
IRS990/InsuranceGrp/ManagementAndGeneralAmt08495
IRS990/InsuranceGrp/ProgramServicesAmt048139
IRS990/InsuranceGrp/TotalAmt056634
IRS990/InterestGrp/ManagementAndGeneralAmt01776
IRS990/InterestGrp/ProgramServicesAmt010066
IRS990/InterestGrp/TotalAmt011842
IRS990/InvestmentIncomeGrp/ExclusionAmt0816082
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0816082
IRS990/InvestmentInJointVentureInd01
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt012620838
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt014305766
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0269038
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0164223
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01434274
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020214671
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020128035
IRS990/LandBldgEquipCostOrOtherBssAmt021562309
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/BOYAmt05716875
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011272890
IRS990/NetAssetsOrFundBalancesBOYAmt041818005
IRS990/NetAssetsOrFundBalancesEOYAmt045168601
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0866163
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt041818005
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt045168601
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt022419
IRS990/OccupancyGrp/ProgramServicesAmt0127038
IRS990/OccupancyGrp/TotalAmt0149457
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt019180934
IRS990/OtherAssetsTotalGrp/EOYAmt016027597
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt068585
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0388650
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0457235
IRS990/OtherExpensesGrp/Desc0GROUND LEASE
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc2OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt032704
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt122925
IRS990/OtherExpensesGrp/ProgramServicesAmt0718759
IRS990/OtherExpensesGrp/ProgramServicesAmt1267686
IRS990/OtherExpensesGrp/ProgramServicesAmt2185321
IRS990/OtherExpensesGrp/ProgramServicesAmt3129907
IRS990/OtherExpensesGrp/TotalAmt0718759
IRS990/OtherExpensesGrp/TotalAmt1267686
IRS990/OtherExpensesGrp/TotalAmt2218025
IRS990/OtherExpensesGrp/TotalAmt3152832
IRS990/OtherLiabilitiesGrp/BOYAmt010683411
IRS990/OtherLiabilitiesGrp/EOYAmt06871881
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0303109
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01717616
IRS990/OtherSalariesAndWagesGrp/TotalAmt02020725
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01521202
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01551510
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020833
IRS990/PayrollTaxesGrp/ProgramServicesAmt0118051
IRS990/PayrollTaxesGrp/TotalAmt0138884
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0299062
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt067488
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0114326
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0607202
IRS990/PrincipalOfficerNm0RANDAL TSUDA
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/BusinessCd1541610
IRS990/ProgramServiceRevenueGrp/BusinessCd2541610
IRS990/ProgramServiceRevenueGrp/BusinessCd3541610
IRS990/ProgramServiceRevenueGrp/BusinessCd4541610
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1DEVELOPER FEES
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/Desc3OTHER INCOME
IRS990/ProgramServiceRevenueGrp/Desc4MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01004835
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1565397
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2292437
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3156604
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt425000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01004835
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1565397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2292437
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3156604
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt425000
IRS990/ProgSrvcAccomActy2Grp/Desc0CONSULTING SERVICES FOR LOW INCOME HOUSING PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0298316
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0312653
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03377550
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0322323
IRS990/PYOtherExpensesAmt01789340
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03010095
IRS990/PYRevenuesLessExpensesAmt02527278
IRS990/PYSalariesCompEmpBnftPaidAmt02393350
IRS990/PYTotalExpensesAmt04182690
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06709968
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02484433
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt03335000
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01729605
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02264063
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02156004
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$63,293,834
Liabilities
$18,125,233
Net assets
$45,168,601
Revenue
$7,194,680
Expenses
$4,710,247
Net income
$2,484,433
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