Civic Intelligence

The Yamhill County Affordable Housing Corporation

990 • Fiscal year 2016 • EIN 93-1327751

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 09, 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

39th percentile

0.05x

Higher debt load relative to assets than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

1.08x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

9th percentile

-36%

Higher net margin than 9% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

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.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

39th percentile

-1.3%

Faster asset growth than 39% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

7th percentile

-45%

Faster revenue growth than 7% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$4,075,473

Down $51,959 (-1.3%) from 2015

Net Assets

Down

$3,887,523

Down $62,700 (-1.6%) from 2015

Liabilities

Up

$187,950

Up $10,741 (+6.1%) from 2015

Revenue

Down

$174,231

Down $141,693 (-45%) from 2015

Expenses

Down

$236,931

Down $33,012 (-12%) from 2015

Net Income

Down

-$62,700

Down $108,681 (-236%) from 2015

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

2016

Assets$4,075,473
Liabilities$187,950
Net Assets$3,887,523

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

2016

Revenue$174,231
Expenses$236,931
Net Income-$62,700
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 9, 2016
Return Version
2015v3.0
Gross Receipts
$174,231
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$3,277,221$3,204,183▼ $73,038
Cash and Non-Interest-Bearing Accounts$832,491$626,163▼ $206,328
Accounts Receivable$14,215$35,789▲ $21,574
Land, Buildings, and Equipment, Net$2,540$1,976▼ $564
Prepaid Expenses and Deferred Charges$965$1,050▲ $85
Total Assets$4,127,432$4,075,473▼ $51,959
Other Assets Total-$206,312-
Liabilities
Other Liabilities$153,209$185,299▲ $32,090
Accounts Payable and Accrued Expenses$24,000$2,651▼ $21,349
Total Liabilities$177,209$187,950▲ $10,741
Net Assets / Fund Balance
Unrestricted Net Assets$3,667,594$3,621,325▼ $46,269
Temporarily Rstr Net Assets$282,629$266,198▼ $16,431
Total Net Assets Fund Balance$3,950,223$3,887,523▼ $62,700
Total Liabilities and Net Assets / Fund Balance$4,127,432$4,075,473▼ $51,959

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,976$7,659$9,635
Other Assets Org$206,312--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank SheridanPresident
Debbie BernardsDirector
Larry LaytonDirector
Laura TschaboldDirector
Lori GilmoreDirector
Steve OlsonDirector
Elise HuiExecutive Di
James UmfleetFinancial Di
Ron PomeroySecretary
Scott PingelVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$161,338
Program Service Revenue
$0
Investment Income
$12,525
Other Revenue
$368
Change in Net Assets
$-62,700

Audited Revenue Reconciliation

Revenue per Audited Statements
$174,231
Total Revenue per Audited Statements
$174,231
Total Revenue per Form 990
$174,231
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$236,931
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$98,500--$98,500
Fees for Services Accounting-$5,500-$5,500
Insurance-$2,733-$2,733
Other Expenses-$2,566-$2,566
Depreciation Depletion-$564-$564
Total Functional Expenses$98,500$138,431$0$236,931

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$236,931
Total Expenses per Audited Statements$236,931
Total Expenses per Form 990$236,931
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$185,299
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
5034346571
Signed
2016-01-09
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
Jie Klemm
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/TotalAmt01437156
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012525
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010262
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09281
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt08739
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt07930
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt048737
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0368
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0368
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0254
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0251
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0873
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96660
IRS990ScheduleA/PublicSupportPY170Pct00.97440
IRS990ScheduleA/PublicSupportTotal170Amt01437156
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0161338
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0292371
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0422337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0118628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0442482
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01437156
IRS990ScheduleA/TotalSupportAmt01486766
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/BookValueAmt01976
IRS990ScheduleD/EquipmentGrp/DepreciationAmt07659
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09635
IRS990ScheduleD/ExpensesSubtotalAmt0236931
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0206312
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CONSTRUCTION IN PROGRESS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0185299
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0REHAB LOAN FUNDS PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0174231
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01976
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0206312
IRS990ScheduleD/TotalExpensesPerForm990Amt0236931
IRS990ScheduleD/TotalLiabilityAmt0185299
IRS990ScheduleD/TotalRevenuePerForm990Amt0174231
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0174231
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0236931
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/BOYAmt0282629
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0266198
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04127432
IRS990/TotalAssetsEOYAmt04075473
IRS990/TotalAssetsGrp/BOYAmt04127432
IRS990/TotalAssetsGrp/EOYAmt04075473
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0161338
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0138431
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt098500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0236931
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0177209
IRS990/TotalLiabilitiesEOYAmt0187950
IRS990/TotalLiabilitiesGrp/BOYAmt0177209
IRS990/TotalLiabilitiesGrp/EOYAmt0187950
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03950223
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03887523
IRS990/TotalProgramServiceExpensesAmt098500
IRS990/TotalRevenueGrp/ExclusionAmt012525
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0368
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0174231
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04127432
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04075473
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03667594
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03621325
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0135 NE DUNN PLACE
IRS990/USAddress/CityNm0MCMINNVILLE
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097128
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES UMFLEET
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0FINANCIAL DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05034346571
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-09
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/PreparationDt02017-01-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JIE KLEMM
ReturnHeader/ReturnTs02017-01-10T09:46:37-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2016Detailed filing. Detailed filing data is available for this year.$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
Peer Organizations

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