Civic Intelligence

The Yamhill County Affordable Housing Corporation

990 • Fiscal year 2015 • EIN 93-1327751

Oct 01, 2014 to Sep 30, 2015 • Filed on Jan 15, 2016

135 NE Dunn PlaceMcminnville, OR 97128

(503) 883-4300

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

78th percentile

0.56x

Higher debt load relative to revenue than 78% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

74th percentile

15%

Higher net margin than 74% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

47th percentile

-0.1%

Faster asset growth than 47% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$4,127,432

Down $2,102 (-0.1%) from 2014

Net Assets

Up

$3,950,223

Up $45,981 (+1.2%) from 2014

Liabilities

Down

$177,209

Down $48,083 (-21%) from 2014

Revenue

Down

$315,924

Down $131,188 (-29%) from 2014

Expenses

Up

$269,943

Up $11,889 (+4.6%) from 2014

Net Income

Down

$45,981

Down $143,077 (-76%) from 2014

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $3,803,357Liabilities 2011: $236,112Net Assets 2011: $3,567,2452011Assets 2012: $3,820,839Liabilities 2012: $98,312Net Assets 2012: $3,722,5272012Assets 2013: $3,954,162Liabilities 2013: $238,978Net Assets 2013: $3,715,1842013Assets 2014: $4,129,534Liabilities 2014: $225,292Net Assets 2014: $3,904,2422014Assets 2015: $4,127,432Liabilities 2015: $177,209Net Assets 2015: $3,950,2232015Assets 2016: $4,075,473Liabilities 2016: $187,950Net Assets 2016: $3,887,5232016Assets 2017: $3,908,058Liabilities 2017: $113,748Net Assets 2017: $3,794,3102017Assets 2018: $4,135,440Liabilities 2018: $357,902Net Assets 2018: $3,777,5382018Assets 2019: $4,078,496Liabilities 2019: $274,040Net Assets 2019: $3,804,4562019Assets 2020: $4,122,358Liabilities 2020: $252,837Net Assets 2020: $3,869,5212020Assets 2021: $4,217,706Liabilities 2021: $292,567Net Assets 2021: $3,925,1392021Assets 2022: $4,151,782Liabilities 2022: $237,801Net Assets 2022: $3,913,9812022Assets 2023: $4,094,270Liabilities 2023: $174,759Net Assets 2023: $3,919,5112023Assets 2024: $4,103,779Liabilities 2024: $57,120Net Assets 2024: $4,046,6592024

Highlighted filing

2015

Assets$4,127,432
Liabilities$177,209
Net Assets$3,950,223

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $419,612Expenses 2011: $383,186Net Income 2011: $36,4262011Revenue 2012: $450,663Expenses 2012: $295,381Net Income 2012: $155,2822012Expenses 2013: $163,1482013Revenue 2014: $447,112Expenses 2014: $258,054Net Income 2014: $189,0582014Revenue 2015: $315,924Expenses 2015: $269,943Net Income 2015: $45,9812015Revenue 2016: $174,231Expenses 2016: $236,931Net Income 2016: -$62,7002016Revenue 2017: $150,208Expenses 2017: $243,421Net Income 2017: -$93,2132017Revenue 2018: $144,022Expenses 2018: $160,794Net Income 2018: -$16,7722018Revenue 2019: $137,223Expenses 2019: $110,305Net Income 2019: $26,9182019Revenue 2020: $149,776Expenses 2020: $84,711Net Income 2020: $65,0652020Revenue 2021: $208,327Expenses 2021: $152,709Net Income 2021: $55,6182021Revenue 2022: $132,794Expenses 2022: $143,952Net Income 2022: -$11,1582022Revenue 2023: $48,640Expenses 2023: $43,110Net Income 2023: $5,5302023Revenue 2024: $225,100Expenses 2024: $97,952Net Income 2024: $127,1482024

Highlighted filing

2015

Revenue$315,924
Expenses$269,943
Net Income$45,981
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$315,924
Mission and Program Overview

Mission

The yamhill county affordable housing corporation (ycahc) is a nonprofit organization formed to act as the agent for administering and managing funds covered by the oregon communty development block grants. Grant funds are loaned to low and moderate income residents to rehabilitate their housing. Ycahc may use repaid loan funds to purchase, rehabilitate, and sell housing to low to moderate income citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,391,692$3,277,221▼ $114,471
Cash and Non-Interest-Bearing Accounts$641,442$832,491▲ $191,049
Accounts Receivable$7,000$14,215▲ $7,215
Land, Buildings, and Equipment, Net-$2,540-
Prepaid Expenses and Deferred Charges$941$965▲ $24
Total Assets$4,129,534$4,127,432▼ $2,102
Other Assets Total$88,459--
Liabilities
Other Liabilities$225,080$153,209▼ $71,871
Accounts Payable and Accrued Expenses$212$24,000▲ $23,788
Total Liabilities$225,292$177,209▼ $48,083
Net Assets / Fund Balance
Unrestricted Net Assets$3,356,374$3,667,594▲ $311,220
Temporarily Rstr Net Assets$547,868$282,629▼ $265,239
Total Net Assets Fund Balance$3,904,242$3,950,223▲ $45,981
Total Liabilities and Net Assets / Fund Balance$4,129,534$4,127,432▼ $2,102

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,540$7,095$9,635
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank SheridanPresident
Debbie BernardsDirector
Laura TschaboldDirector
Lori GilmoreDirector
Steve OlsonDirector
Elise HuiExecutive Di
James UmfleetFinancial Di
Kent TaylorSecretary
Jennifer ElkinsTreasurer
Scott PingelVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$292,371
Program Service Revenue
$13,208
Investment Income
$10,262
Other Revenue
$83
All Other Contributions
$3,000
Change in Net Assets
$45,981

Audited Revenue Reconciliation

Revenue per Audited Statements
$315,924
Total Revenue per Audited Statements
$315,924
Total Revenue per Form 990
$315,924
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$269,943
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$112,980--$112,980
Fees for Services Accounting-$7,310-$7,310
Insurance-$2,601-$2,601
Other Expenses-$2,575-$2,575
Depreciation Depletion-$282-$282
Total Functional Expenses$112,980$156,963$0$269,943

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$269,943
Total Expenses per Audited Statements$269,943
Total Expenses per Form 990$269,943
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
Rehab Loan Funds Payable$153,209
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The financial director reviews form 990 before it is filed.

Form 990, Page 6, Part VI, Line 19

Governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Yamhill County Affordable
EIN
93-1327751
Phone
5038834300
Address
135 NE DUNN PLACE, MCMINNVILLE, OR 97128

Signing Officer

Name
James Umfleet
Title
Financial Director
Phone
5038834300
Signed
2016-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elise Hui
Formed
2003
Legal Domicile
Or
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
10

Preparer

Firm
LOVERIDGE HUNT & CO CPA'S
Address
14725 SE 36TH ST STE 401, BELLEVUE, WA 98006-1682
Preparer
Hoa Thi Tran
Phone
4254532088
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The yamhill county affordable housing corporation (ycahc) is a nonprofit organization formed to act as the agent for administering and managing funds covered by the oregon communty development block grants. Grant funds are loaned to low and moderate income residents to rehabilitate their housing. Ycahc may use repaid loan funds to purchase, rehabilitate, and sell housing to low to moderate income citizens.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01687831
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt010262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt09281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07930
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07241
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt043453
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt013291
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0254
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0251
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0358
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0863
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97440
IRS990ScheduleA/PublicSupportPY170Pct00.96890
IRS990ScheduleA/PublicSupportTotal170Amt01687831
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0292371
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0422337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0118628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0442482
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0412013
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01687831
IRS990ScheduleA/TotalSupportAmt01732147
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02540
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07095
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09635
IRS990ScheduleD/ExpensesSubtotalAmt0269943
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0153209
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REHAB LOAN FUNDS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0315924
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02540
IRS990ScheduleD/TotalExpensesPerForm990Amt0269943
IRS990ScheduleD/TotalLiabilityAmt0153209
IRS990ScheduleD/TotalRevenuePerForm990Amt0315924
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0315924
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0269943
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE YAMHILL COUNTY AFFORDABLE HOUSING CORPORATION (YCAHC) IS A NONPROFIT ORGANIZATION FORMED TO ACT AS THE AGENT FOR ADMINISTERING AND MANAGING FUNDS COVERED BY THE OREGON COMMUNTY DEVELOPMENT BLOCK GRANTS. GRANT FUNDS ARE LOANED TO LOW AND MODERATE INCOME RESIDENTS TO REHABILITATE THEIR HOUSING. YCAHC MAY USE REPAID LOAN FUNDS TO PURCHASE, REHABILITATE, AND SELL HOUSING TO LOW TO MODERATE INCOME CITIZENS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FINANCIAL DIRECTOR REVIEWS FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0547868
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0282629
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04129534
IRS990/TotalAssetsEOYAmt04127432
IRS990/TotalAssetsGrp/BOYAmt04129534
IRS990/TotalAssetsGrp/EOYAmt04127432
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0292371
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0156963
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0112980
IRS990/TotalFunctionalExpensesGrp/TotalAmt0269943
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0225292
IRS990/TotalLiabilitiesEOYAmt0177209
IRS990/TotalLiabilitiesGrp/BOYAmt0225292
IRS990/TotalLiabilitiesGrp/EOYAmt0177209
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03904242
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03950223
IRS990/TotalProgramServiceExpensesAmt0112980
IRS990/TotalProgramServiceRevenueAmt013208
IRS990/TotalRevenueGrp/ExclusionAmt010262
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt013291
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0315924
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04129534
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04127432
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03356374
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03667594
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0135 NE DUNN PLACE
IRS990/USAddress/CityNm0MCMINNVILLE
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097128
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES UMFLEET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05038834300
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE YAMHILL COUNTY AFFORDABLE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0HOUSING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0YAMH
ReturnHeader/Filer/EIN0931327751
ReturnHeader/Filer/PhoneNum05038834300
ReturnHeader/Filer/USAddress/AddressLine1Txt0135 NE DUNN PLACE
ReturnHeader/Filer/USAddress/CityNm0MCMINNVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097128
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911347576
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LOVERIDGE HUNT & CO CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt014725 SE 36TH ST STE 401
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELLEVUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0980061682
ReturnHeader/PreparerPersonGrp/PhoneNum04254532088
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0HOA THI TRAN
ReturnHeader/ReturnTs02016-01-15T15:22:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.10$0.06$4.05$0.23$0.10$0.13
2023Summary only. Only limited summary data is available for this year.$4.09$0.17$3.92$0.05$0.04$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.15$0.24$3.91$0.13$0.14$0.01
2021Summary only. Only limited summary data is available for this year.$4.22$0.29$3.93$0.21$0.15$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$0.25$3.87$0.15$0.08$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.27$3.80$0.14$0.11$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.14$0.36$3.78$0.14$0.16$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.11$3.79$0.15$0.24$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.08$0.19$3.89$0.17$0.24$0.06
2015Detailed filing. Detailed filing data is available for this year.$4.13$0.18$3.95$0.32$0.27$0.05
2014Summary only. Only limited summary data is available for this year.$4.13$0.23$3.90$0.45$0.26$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.95$0.24$3.72$0.16
2012Summary only. Only limited summary data is available for this year.$3.82$0.10$3.72$0.45$0.30$0.16
2011Summary only. Only limited summary data is available for this year.$3.80$0.24$3.57$0.42$0.38$0.04