Civic Intelligence

Housing Northwest Inc & Subsidiaries (College Housing Northwest)

990 • Fiscal year 2015 • EIN 93-0578172

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 12, 2016

1604 SW ClayPortland, OR 97201

(503) 497-1188

Siviq Scores

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

Liabilities / Assets

90th percentile

0.91x

Higher debt load relative to assets than 90% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

94th percentile

4.66x

Higher debt load relative to revenue than 94% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

60th percentile

7.0%

Higher net margin than 60% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

29th percentile

$171,600

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

37th percentile

-0.8%

Faster asset growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

38th percentile

0.7%

Faster revenue growth than 38% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$40,795,757

Down $336,933 (-0.8%) from 2014

Net Assets

Up

$3,825,785

Up $424,821 (+12%) from 2014

Liabilities

Down

$36,969,972

Down $761,754 (-2.0%) from 2014

Revenue

Up

$7,936,874

Up $57,667 (+0.7%) from 2014

Expenses

Down

$7,378,188

Down $266,864 (-3.5%) from 2014

Net Income

Up

$558,686

Up $324,531 (+139%) from 2014

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2011: $42,214,804Liabilities 2011: $39,471,457Net Assets 2011: $2,743,3472011Assets 2012: $41,611,157Liabilities 2012: $38,608,234Net Assets 2012: $3,002,9232012Assets 2013: $41,134,668Liabilities 2013: $37,961,268Net Assets 2013: $3,173,4002013Assets 2014: $41,132,690Liabilities 2014: $37,731,726Net Assets 2014: $3,400,9642014Assets 2015: $40,795,757Liabilities 2015: $36,969,972Net Assets 2015: $3,825,7852015Assets 2016: $39,120,861Liabilities 2016: $35,801,558Net Assets 2016: $3,319,3032016Assets 2017: $59,516,406Liabilities 2017: $55,838,215Net Assets 2017: $3,678,1912017Assets 2018: $60,494,879Liabilities 2018: $52,857,759Net Assets 2018: $7,637,1202018Assets 2019: $58,641,349Liabilities 2019: $51,610,454Net Assets 2019: $7,030,8952019Assets 2020: $19,648,774Liabilities 2020: $14,998,785Net Assets 2020: $4,649,9892020Assets 2021: $45,133,687Liabilities 2021: $33,154,093Net Assets 2021: $11,979,5942021Assets 2022: $72,196,304Liabilities 2022: $51,871,927Net Assets 2022: $20,324,3772022Assets 2023: $86,205,422Liabilities 2023: $61,662,546Net Assets 2023: $24,542,8762023

Highlighted filing

2015

Assets$40,795,757
Liabilities$36,969,972
Net Assets$3,825,785

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MRevenue 2011: $6,550,055Expenses 2011: $6,507,752Net Income 2011: $42,3032011Expenses 2012: $6,691,5852012Expenses 2013: $7,321,7312013Revenue 2014: $7,879,207Expenses 2014: $7,645,052Net Income 2014: $234,1552014Revenue 2015: $7,936,874Expenses 2015: $7,378,188Net Income 2015: $558,6862015Revenue 2016: $8,274,242Expenses 2016: $7,664,987Net Income 2016: $609,2552016Revenue 2017: $5,815,703Expenses 2017: $5,639,043Net Income 2017: $176,6602017Revenue 2018: $9,763,662Expenses 2018: $5,696,051Net Income 2018: $4,067,6112018Revenue 2019: $5,917,895Expenses 2019: $6,453,344Net Income 2019: -$535,4492019Revenue 2020: $5,987,029Expenses 2020: $6,058,214Net Income 2020: -$71,1852020Revenue 2021: $9,578,410Expenses 2021: $7,719,563Net Income 2021: $1,858,8472021Revenue 2022: $12,144,039Expenses 2022: $8,220,294Net Income 2022: $3,923,7452022Revenue 2023: $15,063,196Expenses 2023: $10,993,826Net Income 2023: $4,069,3702023

Highlighted filing

2015

Revenue$7,936,874
Expenses$7,378,188
Net Income$558,686
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 12, 2016
Return Version
2014v6.0
Gross Receipts
$7,936,874
Mission and Program Overview

Mission

To be the premier provider of affordable student housing and supportive services which enhance student development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,037,870$29,108,906▼ $928,964
Investments Other Securities$3,680,561$3,674,515▼ $6,046
Cash and Non-Interest-Bearing Accounts$911,713$1,443,214▲ $531,501
Accounts Receivable$83,811$73,132▼ $10,679
Prepaid Expenses and Deferred Charges$17,355$5,368▼ $11,987
Total Assets$41,132,690$40,795,757▼ $336,933
Other Assets Total$6,401,380$6,490,622▲ $89,242
Liabilities
Tax Exempt Bond Liabilities$35,453,284$34,471,012▼ $982,272
Accounts Payable and Accrued Expenses$1,028,601$1,192,787▲ $164,186
Mortgage Notes Payable Secured by Investment Property$889,118$812,554▼ $76,564
Other Liabilities$260,286$334,893▲ $74,607
Deferred Revenue$100,437$158,726▲ $58,289
Total Liabilities$37,731,726$36,969,972▼ $761,754
Net Assets / Fund Balance
Unrestricted Net Assets$3,400,964$3,825,785▲ $424,821
Total Net Assets Fund Balance$3,400,964$3,825,785▲ $424,821
Total Liabilities and Net Assets / Fund Balance$41,132,690$40,795,757▼ $336,933

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,534,778$17,442,965$42,977,743
Equipment$837,150$1,879,644$2,716,794
Land$2,063,006-$2,063,006
Other Land Buildings$673,972-$673,972
Leasehold Improvements$0$40,965$40,965
Other Assets Org$332,125--
Other Securities$3,674,515--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
David GarnandExecutive DirectorFT$171,600$171,600

Board Members and Trustees

NameTitle
Fred TrullingerBoard President
Amanda KraftBoard Member
Charles BurckBoard Member
Don BrownBoard Member
Jake LancasterBoard Member
Parisa GhaffoonBoard Member
David SchmittBoard Secretary
James RaderBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,669,893
Investment Income
$172,282
Other Revenue
$94,699
Change in Net Assets
$558,686

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,936,874
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-133,865
Total Revenue per Audited Statements
$7,803,009
Total Revenue per Form 990
$7,936,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,874,677
Salaries, Compensation, and Employee Benefits$1,503,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,635,855--$1,635,855
Depreciation Depletion$1,474,983$24,698-$1,499,681
Other Salaries and Wages$779,740$437,025-$1,216,765
Office Expenses$93,589$167,942-$261,531
Insurance$258,613--$258,613
Other Employee Benefits$83,964$49,504-$133,468
Payroll Taxes$78,685$39,246-$117,931
Information Technology$29,745$49,164-$78,909
Other Expenses$48,186$4,769-$52,955
Fees for Services Accounting$43,800--$43,800
Conferences and Meetings$6,739$33,154-$39,893
Pension Plan Contributions$15,645$19,702-$35,347
All Other Expenses$27,816$3,730-$31,546
Fees for Services Legal$9,800$14,585-$24,385
Advertising$15,330$4,402-$19,732
Travel$6,385$1,562-$7,947
Total Functional Expenses$6,509,081$869,107$0$7,378,188

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,378,188
Total Expenses per Audited Statements$7,378,188
Total Expenses per Form 990$7,378,188
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$334,893

Bond Issues

BondIssuerIssuedIssue PricePurpose
AState Treasurer of the State of Oregon2005-04-15$19,273,269Redevelop student housing in corvallis

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$18,610,000---

Bond Financing Compliance

Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Corrective action procedures
No
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
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 A, Line 8B

There are no committees authorized to act on behalf of the governing body, within the constraints of the bylaws. Only the board, with a quorum, can take those actions.

Form 990, Part VI, Section B, Line 11

Form 990 is reviewed at a board meeting and documented in the meeting minutes. The form is not filed until reviewed by the finance committee.

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

Conflict of interest forms are given to all board members and management each december. The forms are filled out and given to the board president and executive director for review.

Form 990, Part VI, Section B, Line 15

An outside firm was hired to determine comparable salaries for the executive director and the property manager. The executive director's compensation fell in the middle of the range. The property manager was hired at the high end of the range, however he had extensive experience. No other key employees were hired, and other employees only received between 0% and 4% raises. The board then approved the salaries and raises and documented those approvals.

Form 990, Part VI, Section C, Line 19

The governing documents and conflict of interest policy are not made available to the public. The financial statements are available to the public upon request and on the organization's website.

Filing and Contact Details

Filer

Filer Name
Housing Northwest Inc & Subsidiaries
EIN
93-0578172
Phone
5034971188
Address
1604 SW CLAY, PORTLAND, OR 97201

Signing Officer

Name
David Garnand
Title
Executive Director
Phone
5034971188
Signed
2016-02-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Garnand
Formed
1969
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
80
Volunteers
8

Preparer

Firm
Geffen Mesher & Company Pc
Address
888 SW FIFTH AVE SUITE 800, PORTLAND, OR 97204
Preparer
Richard L Hawkins
Phone
5032210141
Supplemental Narrative

Financial Statement Notes

Part X, Line 2

Part x, line 2: the organization is exempt from federal and state income taxes under the provisions of section 501(c)(3) of the internal revenue code. However, income from certain activities not directly related to the organization's tax-exempt purpose is subject to taxation as unrelated business income. Unrelated business income tax, if any, is insignificant and therefore, no tax provision has been made in the accompanying consolidated financial statements. In addition, the organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 170(b)(1)(a)(ii). All llc's are single member llc's and are reported on the organization's form 990. In accordance with the provisions of accounting for uncertainty in income taxes, the organization had no unrecognized tax benefits at june 30, 2015 and 2014. The organization's policy requires recognition of accrued interest and penalties related to unrecognized tax benefits as administrative expenses. During the years ended june 30, 2015 and 2014, the organization recognized no interest and penalties. The organization files an exempt organization income tax return in the u.s. Federal jurisdiction and a copy with the state charities division. With few exceptions, the organization is no longer subject to u.s. Federal or state/local income tax examinations by tax authorities for years before 2009.

Raw XML AppendixShowing 400 of 547 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01028601
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01192787
IRS990/AccountsReceivableGrp/BOYAmt083811
IRS990/AccountsReceivableGrp/EOYAmt073132
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO BE THE PREMIER PROVIDER OF AFFORDABLE STUDENT HOUSING AND SUPPORTIVE SERVICES WHICH ENHANCE STUDENT DEVELOPMENT.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt04402
IRS990/AdvertisingGrp/ProgramServicesAmt015330
IRS990/AdvertisingGrp/TotalAmt019732
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt03730
IRS990/AllOtherExpensesGrp/ProgramServicesAmt027816
IRS990/AllOtherExpensesGrp/TotalAmt031546
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID GARNAND
IRS990/BooksInCareOfDetail/PhoneNum05034971188
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01604 SW CLAY STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097201
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0911713
IRS990/CashNonInterestBearingGrp/EOYAmt01443214
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt033154
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06739
IRS990/ConferencesMeetingsGrp/TotalAmt039893
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0172282
IRS990/CYOtherExpensesAmt05874677
IRS990/CYOtherRevenueAmt094699
IRS990/CYProgramServiceRevenueAmt07669893
IRS990/CYRevenuesLessExpensesAmt0558686
IRS990/CYSalariesCompEmpBnftPaidAmt01503511
IRS990/CYTotalExpensesAmt07378188
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07936874
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0100437
IRS990/DeferredRevenueGrp/EOYAmt0158726
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt024698
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01474983
IRS990/DepreciationDepletionGrp/TotalAmt01499681
IRS990/Desc0PROVIDES HOUSING AND RELATED SERVICES TO STUDENTS, FACULTY AND STAFF OF THE PORTLAND STATE UNIVERSITY, PORTLAND COMMUNITY COLLEGE, WESTERN CULINARY INSTITUTE, PACIFIC NORTHWEST COLLEGE OF ARTS, AND OREGON STATE UNIVERSITY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt080
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt06509081
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt043800
IRS990/FeesForServicesAccountingGrp/TotalAmt043800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt014585
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt09800
IRS990/FeesForServicesLegalGrp/TotalAmt024385
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt840.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt821600
IRS990/Form990PartVIISectionAGrp/PersonNm0FRED TRULLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm1CHARLES BURCK
IRS990/Form990PartVIISectionAGrp/PersonNm2PARISA GHAFFOON
IRS990/Form990PartVIISectionAGrp/PersonNm3AMANDA KRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES RADER
IRS990/Form990PartVIISectionAGrp/PersonNm5DAVID SCHMITT
IRS990/Form990PartVIISectionAGrp/PersonNm6JAKE LANCASTER
IRS990/Form990PartVIISectionAGrp/PersonNm7DON BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID GARNAND
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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/ReportableCompFromRltdOrgAmt8150000
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07936874
IRS990/GrossRentsGrp/RealAmt033312
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt049164
IRS990/InformationTechnologyGrp/ProgramServicesAmt029745
IRS990/InformationTechnologyGrp/TotalAmt078909
IRS990/InsuranceGrp/ProgramServicesAmt0258613
IRS990/InsuranceGrp/TotalAmt0258613
IRS990/InterestGrp/ProgramServicesAmt01635855
IRS990/InterestGrp/TotalAmt01635855
IRS990/InvestmentIncomeGrp/ExclusionAmt0172282
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172282
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt03680561
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt03674515
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt019363574
IRS990/LandBldgEquipBasisNetGrp/BOYAmt030037870
IRS990/LandBldgEquipBasisNetGrp/EOYAmt029108906
IRS990/LandBldgEquipCostOrOtherBssAmt048472480
IRS990/LegalDomicileStateCd0OR
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO BE THE PREMIER PROVIDER OF AFFORDABLE STUDENT HOUSING AND SUPPORTIVE SERVICES WHICH ENHANCE STUDENT DEVELOPMENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0889118
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0812554
IRS990/NetAssetsOrFundBalancesBOYAmt03400964
IRS990/NetAssetsOrFundBalancesEOYAmt03825785
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt033312
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt033312
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-133865
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0167942
IRS990/OfficeExpensesGrp/ProgramServicesAmt093589
IRS990/OfficeExpensesGrp/TotalAmt0261531
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt06401380
IRS990/OtherAssetsTotalGrp/EOYAmt06490622
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt049504
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt083964
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0133468
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012377
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17247
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24769
IRS990/OtherExpensesGrp/ProgramServicesAmt01019131
IRS990/OtherExpensesGrp/ProgramServicesAmt1763184
IRS990/OtherExpensesGrp/ProgramServicesAmt2117891
IRS990/OtherExpensesGrp/ProgramServicesAmt348186
IRS990/OtherExpensesGrp/TotalAmt01031508
IRS990/OtherExpensesGrp/TotalAmt1770431
IRS990/OtherExpensesGrp/TotalAmt2117891
IRS990/OtherExpensesGrp/TotalAmt352955
IRS990/OtherLiabilitiesGrp/BOYAmt0260286
IRS990/OtherLiabilitiesGrp/EOYAmt0334893
IRS990/OtherRevenueMiscGrp/BusinessCd0721310
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt061387
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt061387
IRS990/OtherRevenueTotalAmt061387
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0437025
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0779740
IRS990/OtherSalariesAndWagesGrp/TotalAmt01216765
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt039246
IRS990/PayrollTaxesGrp/ProgramServicesAmt078685
IRS990/PayrollTaxesGrp/TotalAmt0117931
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt019702
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt015645
IRS990/PensionPlanContributionsGrp/TotalAmt035347
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017355
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05368
IRS990/PrincipalOfficerNm0DAVID GARNAND
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0721310
IRS990/ProgramServiceRevenueGrp/BusinessCd1721310
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING AND MANAGEMENT
IRS990/ProgramServiceRevenueGrp/Desc1VENDING REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07312085
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt154500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07615393
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt154500
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt0303308
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0342120
IRS990/PYOtherExpensesAmt06267591
IRS990/PYOtherRevenueAmt0279524
IRS990/PYProgramServiceRevenueAmt07257563
IRS990/PYRevenuesLessExpensesAmt0234155
IRS990/PYSalariesCompEmpBnftPaidAmt01377461
IRS990/PYTotalExpensesAmt07645052
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07879207
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0558686
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt033312
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07731280
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0205594
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0373800
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0214533
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0161551
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt078147
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01033625
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07669893
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07257563
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07073930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06811512
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06326945
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt035139843
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0205594
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0373800
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0214533
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0161551
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt078147
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01033625
IRS990ScheduleA/InvestmentIncomeCYPct00.02830
IRS990ScheduleA/InvestmentIncomePYPct00.02710
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt061387
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0247844
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt07188
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt012826
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt029071
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0358316
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96190
IRS990ScheduleA/PublicSupportPY509Pct00.96280
IRS990ScheduleA/PublicSupportTotal509Amt035139843
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07669893
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07257563
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07073930
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06811512
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06326945
IRS990ScheduleA/Total509Grp/TotalAmt035139843
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07936874
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07879207
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07295651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06985889
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06434163
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036531784
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt025534778
IRS990ScheduleD/BuildingsGrp/DepreciationAmt017442965
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt042977743
IRS990ScheduleD/EquipmentGrp/BookValueAmt0837150
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01879644
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02716794
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07378188
IRS990ScheduleD/LandGrp/BookValueAmt02063006
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02063006
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt040965
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt040965
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-133865
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04693465
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11465032
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2332125
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND TRUST INDENTURE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEBT FINANCING COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0673972
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0673972
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0334893
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REFUNDABLE DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03674515
IRS990ScheduleD/OtherSecuritiesGrp/Desc0EQUITY FUNDS - EDWARD JONES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0-133865
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07936874
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME TAX, IF ANY, IS INSIGNIFICANT AND THEREFORE, NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 170(B)(1)(A)(II). ALL LLC'S ARE SINGLE MEMBER LLC'S AND ARE REPORTED ON THE ORGANIZATION'S FORM 990. IN ACCORDANCE WITH THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS AT JUNE 30, 2015 AND 2014. THE ORGANIZATION'S POLICY REQUIRES RECOGNITION OF ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AS ADMINISTRATIVE EXPENSES. DURING THE YEARS ENDED JUNE 30, 2015 AND 2014, THE ORGANIZATION RECOGNIZED NO INTEREST AND PENALTIES. THE ORGANIZATION FILES AN EXEMPT ORGANIZATION INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND A COPY WITH THE STATE CHARITIES DIVISION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE/LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt029108906
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06490622
IRS990ScheduleD/TotalBookValueSecuritiesAmt03674515
IRS990ScheduleD/TotalExpensesPerForm990Amt07378188
IRS990ScheduleD/TotalLiabilityAmt0334893
IRS990ScheduleD/TotalRevenuePerForm990Amt07936874
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07803009
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07378188
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02005-04-15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$86.2$61.7$24.5$15.1$11.0$4.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.2$51.9$20.3$12.1$8.22$3.92
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.1$33.2$12.0$9.58$7.72$1.86
2020Summary only. Only limited summary data is available for this year.$19.6$15.0$4.65$5.99$6.06$0.07
2019Summary only. Only limited summary data is available for this year.$58.6$51.6$7.03$5.92$6.45$0.54
2018Summary only. Only limited summary data is available for this year.$60.5$52.9$7.64$9.76$5.70$4.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.5$55.8$3.68$5.82$5.64$0.18
2016Detailed filing. Detailed filing data is available for this year.$39.1$35.8$3.32$8.27$7.66$0.61
2015Detailed filing. Detailed filing data is available for this year.$40.8$37.0$3.83$7.94$7.38$0.56
2014Detailed filing. Detailed filing data is available for this year.$41.1$37.7$3.40$7.88$7.65$0.23
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.1$38.0$3.17$7.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.6$38.6$3.00$6.69
2011Summary only. Only limited summary data is available for this year.$42.2$39.5$2.74$6.55$6.51$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $25M-$50M nonprofits