Civic Intelligence

Rural Communities Housing Development Corporation - Parent

990 • Fiscal year 2023 • EIN 94-2319894

Nov 01, 2022 to Oct 31, 2023 • Filed on Aug 21, 2024

499 Leslie StreetUkiah, CA 95482

(707) 463-1975

Siviq Scores

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

Liabilities / Assets

75th percentile

0.53x

Higher debt load relative to assets than 75% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

85th percentile

1.93x

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

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

91st percentile

49%

Higher net margin than 91% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

21st percentile

$151,248

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 1.8% of source-year revenue.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

89th percentile

60%

Faster revenue growth than 89% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$31,078,232

Flat from 2023

Net Assets

Flat

$14,568,277

Flat from 2023

Liabilities

Flat

$16,509,955

Flat from 2023

Revenue

Flat

$8,533,146

Flat from 2023

Expenses

Flat

$4,329,478

Flat from 2023

Net Income

Flat

$4,203,668

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $46,949,801Liabilities 2010: $42,166,895Net Assets 2010: $4,782,9062010Assets 2011: $33,089,385Liabilities 2011: $24,083,190Net Assets 2011: $9,006,1952011Assets 2012: $32,554,507Liabilities 2012: $20,080,125Net Assets 2012: $12,474,3822012Assets 2013: $32,171,871Liabilities 2013: $20,041,379Net Assets 2013: $12,130,4922013Assets 2014: $30,205,176Liabilities 2014: $20,083,247Net Assets 2014: $10,121,9292014Assets 2015: $29,549,594Liabilities 2015: $19,816,492Net Assets 2015: $9,733,1022015Assets 2016: $27,545,775Liabilities 2016: $17,688,044Net Assets 2016: $9,857,7312016Assets 2017: $26,773,212Liabilities 2017: $17,215,596Net Assets 2017: $9,557,6162017Assets 2018: $27,143,631Liabilities 2018: $17,844,217Net Assets 2018: $9,299,4142018Assets 2019: $25,343,832Liabilities 2019: $17,068,768Net Assets 2019: $8,275,0642019Assets 2020: $26,765,482Liabilities 2020: $16,979,202Net Assets 2020: $9,786,2802020Assets 2021: $26,405,431Liabilities 2021: $16,071,934Net Assets 2021: $10,333,4972021Assets 2022: $27,864,711Liabilities 2022: $17,330,102Net Assets 2022: $10,534,6092022Assets 2023: $31,078,232Liabilities 2023: $16,509,955Net Assets 2023: $14,568,2772023Assets 2023: $31,078,232Liabilities 2023: $16,509,955Net Assets 2023: $14,568,2772023Assets 2024: $38,295,314Liabilities 2024: $22,142,247Net Assets 2024: $16,153,0672024

Highlighted filing

2023

Assets$31,078,232
Liabilities$16,509,955
Net Assets$14,568,277

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $6,096,3222010Expenses 2011: $6,747,8922011Expenses 2012: $4,536,6282012Expenses 2013: $3,579,8742013Revenue 2014: $3,337,472Expenses 2014: $3,669,747Net Income 2014: -$332,2752014Revenue 2015: $3,595,537Expenses 2015: $3,871,151Net Income 2015: -$275,6142015Revenue 2016: $4,103,581Expenses 2016: $3,520,183Net Income 2016: $583,3982016Revenue 2017: $3,483,151Expenses 2017: $3,244,283Net Income 2017: $238,8682017Revenue 2018: $3,532,093Expenses 2018: $3,421,305Net Income 2018: $110,7882018Revenue 2019: $2,937,221Expenses 2019: $3,919,087Net Income 2019: -$981,8662019Revenue 2020: $3,960,968Expenses 2020: $4,006,659Net Income 2020: -$45,6912020Revenue 2021: $5,006,082Expenses 2021: $4,066,474Net Income 2021: $939,6082021Revenue 2022: $5,338,486Expenses 2022: $4,511,457Net Income 2022: $827,0292022Revenue 2023: $8,533,146Expenses 2023: $4,329,478Net Income 2023: $4,203,6682023Revenue 2023: $8,533,146Expenses 2023: $4,329,478Net Income 2023: $4,203,6682023Revenue 2024: $5,744,381Expenses 2024: $4,406,589Net Income 2024: $1,337,7922024

Highlighted filing

2023

Revenue$8,533,146
Expenses$4,329,478
Net Income$4,203,668
Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Aug 21, 2024
Return Version
2022v5.0
Gross Receipts
$8,533,146
Mission and Program Overview

Mission

To provide decent and affordable housing to low and moderate income persons.

To provide decent, affordable housing to low and moderate income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,829,211$11,387,991▼ $441,220
Other Notes and Loans Receivable, Net$3,415,698$6,094,534▲ $2,678,836
Cash and Non-Interest-Bearing Accounts$3,853,359$5,768,698▲ $1,915,339
Investments Program Related$3,421,687$2,425,838▼ $995,849
Accounts Receivable$204,604$28,033▼ $176,571
Prepaid Expenses and Deferred Charges$30,820$11,515▼ $19,305
Total Assets$27,864,711$31,078,232▲ $3,213,521
Other Assets Total$5,109,332$5,361,623▲ $252,291
Liabilities
Mortgage Notes Payable Secured by Investment Property$15,862,943$15,739,446▼ $123,497
Other Liabilities$454,397$496,451▲ $42,054
Accounts Payable and Accrued Expenses$1,010,646$271,245▼ $739,401
Deferred Revenue$2,116$2,813▲ $697
Total Liabilities$17,330,102$16,509,955▼ $820,147
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,015,237$9,004,686▲ $3,989,449
Net Assets With Donor Restrictions$5,519,372$5,563,591▲ $44,219
Total Net Assets Fund Balance$10,534,609$14,568,277▲ $4,033,668
Total Liabilities and Net Assets / Fund Balance$27,864,711$31,078,232▲ $3,213,521

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,755,559$8,124,366$18,879,925
Land$503,123-$503,123
Equipment$63,043$261,851$324,894
Other Land Buildings$66,266$202,904$269,170
Investment Program Related Org$1,397,066--
Other Assets Org$276,413--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ryan LarueCEOFT$151,248-$151,248
Jennifer HofstetterCFOFT$107,990$18,054$126,044

Board Members and Trustees

NameTitle
Aaron LefebvreChairperson
Richard HendersonVice Chairperson
Amanda PardiniDirector
Fu Lin ChangDirector
Mike PallesenDirector
Charlotte WatkinsSecretary
Gary MirataTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$905,456
Program Service Revenue
$7,461,007
Investment Income
$166,683
Other Revenue
$0
Change in Net Assets
$4,203,668

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,533,146
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$8,533,146
Total Revenue per Form 990
$8,533,146
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,404,461
Other Expenses$1,925,017
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,401,499$221,899-$1,623,398
Depreciation Depletion$488,971$11,543-$500,514
Interest$333,652--$333,652
Current Officers, Directors, Trustees, and Key Employees$259,512$41,088-$300,600
Other Employee Benefits$237,710$44,690-$282,400
Occupancy$209,936$8,061-$217,997
Insurance$142,436$16,539-$158,975
Payroll Taxes$114,703$25,656-$140,359
Information Technology$113,161$17,107-$130,268
Fees for Services Management$91,700$497-$92,197
Office Expenses$57,529$8,353-$65,882
Pension Plan Contributions$49,659$8,045-$57,704
Travel$44,319$7,461-$51,780
Other Expenses$29,546$1,644-$31,190
Fees for Services Legal$12,775$2,245-$15,020
Advertising$1,964$347-$2,311
Total Functional Expenses$3,891,905$437,573$0$4,329,478

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,499,478
Expenses per Audited Statements$4,329,478
Total Expenses per Form 990$4,329,478
Expenses Not Reported on Form 990$170,000
Expenses Not Reported on Financial Statements$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
Due to Related Parties$450,198
Tenant Deposits Held in Trust$46,253
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
No
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

Board committees have authority to review and make recommendations to the board, but may not take action on an issue without the consent of the majority of the whole board.

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

Tax returns are reviewed for reasonableness by the ceo or the cfo before signing and filing.

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

Rchdc's conflict of interest policy applies to the full board and employees. If anyone has a potential conflict, it is presented to the chief executive officer of the board. Any two or more members of the board will determine if a conflict exists. The conflicted party will not participate in the discussions. If a conflict is determined, the conflicted member must forego the transaction. Results of the determination are presented at the next board meeting and documented.

Form 990, Part VI, Section B, Line 15A

Compensation of the organization's top management is determined by the board of directors. Compensation of other employees is determined by the ceo and approved by the board of directors.

Form 990, Part VI, Section C, Line 19

Upon request from the public the exempt organization will provide a copy of form 990 and any governing documents by mail or person.

Filing and Contact Details

Filer

Filer Name
Rural Communities Housing Development
EIN
94-2319894
Phone
7074631975
Address
499 LESLIE STREET, UKIAH, CA 95482

Signing Officer

Name
Jennifer Hofstetter
Title
CFO
Phone
7074632192
Signed
2024-08-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Hofstetter
Formed
1975
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
83
Volunteers
7

Preparer

Firm
Eag Affordable Housing LLC
Address
4249 EASTON WAY SUITE 210, COLUMBUS, OH 43219
Preparer
Todd Fentress
Phone
6145281440
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

There were no changes in oversight from the prior year.

Financial Statement Notes

PART X, LINE 2:

Rchdc and the majority of its controlled corporations are exempt from federal and california income taxes as they are recognized by the internal revenues service as not-for-profit corporations exempt under federal and california code sections 501(c)(3) and 23701(d), respectively. Redwood courtproperties, a california limited partnership; cc seabreeze, llc and cc seagull villa, llc,pine gardens holding 3, llc, autumn village, llc, pine gi highlands village, llc, pine gi lakeview apartments, llc, pine gi jack simpson, llc, pine meadows corporation, orr creek commons, llc, willow terrace llc, pine gardens i, llc and rchdc misty village llc are pass-through entities with not-for-profit general partners and managing members, and are treated as exempt organizations for federal and california income tax purposes per irs ruling. Humboldt bay housing development corporation is a not-for-profit corporation exempt under federal and california code sections 501(c)(3) and 23701(d), respectively. Rchdc and affiliates account for uncertainty in income taxes in accordance with accounting standards codification (asc) for income taxes. This interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. This interpretation also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Unrealized loss on land development 170,000.

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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt03421687
IRS990/InvestmentsProgramRelatedGrp/EOYAmt02425838
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt08589121
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011829211
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011387991
IRS990/LandBldgEquipCostOrOtherBssAmt019977112
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE DECENT AND AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt015862943
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt015739446
IRS990/NetAssetsOrFundBalancesBOYAmt010534609
IRS990/NetAssetsOrFundBalancesEOYAmt014568277
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-170000
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05015237
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09004686
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt08061
IRS990/OccupancyGrp/ProgramServicesAmt0209936
IRS990/OccupancyGrp/TotalAmt0217997
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08353
IRS990/OfficeExpensesGrp/ProgramServicesAmt057529
IRS990/OfficeExpensesGrp/TotalAmt065882
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05109332
IRS990/OtherAssetsTotalGrp/EOYAmt05361623
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt044690
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0237710
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0282400
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc2BAD DEBTS EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt014785
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt17613
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21644
IRS990/OtherExpensesGrp/ProgramServicesAmt0195453
IRS990/OtherExpensesGrp/ProgramServicesAmt1107380
IRS990/OtherExpensesGrp/ProgramServicesAmt229546
IRS990/OtherExpensesGrp/TotalAmt0210238
IRS990/OtherExpensesGrp/TotalAmt1114993
IRS990/OtherExpensesGrp/TotalAmt231190
IRS990/OtherLiabilitiesGrp/BOYAmt0454397
IRS990/OtherLiabilitiesGrp/EOYAmt0496451
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0221899
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01401499
IRS990/OtherSalariesAndWagesGrp/TotalAmt01623398
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt03415698
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt06094534
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt025656
IRS990/PayrollTaxesGrp/ProgramServicesAmt0114703
IRS990/PayrollTaxesGrp/TotalAmt0140359
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08045
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049659
IRS990/PensionPlanContributionsGrp/TotalAmt057704
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt030820
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011515
IRS990/PrincipalOfficerNm0JENNIFER HOFSTETTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531310
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0OPERATIONAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT FEES & REIM
IRS990/ProgramServiceRevenueGrp/Desc2TENANT RENTS
IRS990/ProgramServiceRevenueGrp/Desc3OTHER REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05288094
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11257103
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2534174
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3381636
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05288094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11257103
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2534174
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3381636
IRS990/ProgSrvcAccomActy2Grp/Desc0RCHDC ALSO BUILDS SELF-HELP HOMES FOR LOW INCOME FAMILIES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01587717
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0455996
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01668493
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0130318
IRS990/PYOtherExpensesAmt02187788
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03539675
IRS990/PYRevenuesLessExpensesAmt0827029
IRS990/PYSalariesCompEmpBnftPaidAmt02323669
IRS990/PYTotalExpensesAmt04511457
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05338486
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04203668
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt07005011
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0905456
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01668493
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01640476
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01095572
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01010745
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06320742
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0166683
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0130318
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt075364
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt063388
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt096091
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0531844
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt018923317
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.92240
IRS990ScheduleA/PublicSupportPY170Pct00.90460
IRS990ScheduleA/PublicSupportTotal170Amt06320742
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0905456
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01668493
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01640476
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01095572
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01010745
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06320742
IRS990ScheduleA/TotalSupportAmt06852586
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/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt010755559
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08124366
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt018879925
IRS990ScheduleD/EquipmentGrp/BookValueAmt063043
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0261851
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0324894
IRS990ScheduleD/ExpensesNotReportedAmt0170000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt04329478
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt01028772
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt11397066
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0LAND HELD FOR DEVELOPMENT
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1DEVELOPMENT COSTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt0503123
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0503123
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02373972
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt146163
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22010967
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt324413
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt469310
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5560385
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt6276413
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ADVANCES & INVESTMENTS IN AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3REAL ESTATE TAX AND INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6OTHER RESERVES
IRS990ScheduleD/OtherExpensesIncludedAmt0170000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt066266
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0202904
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0269170
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0450198
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt146253
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08533146
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RCHDC AND THE MAJORITY OF ITS CONTROLLED CORPORATIONS ARE EXEMPT FROM FEDERAL AND CALIFORNIA INCOME TAXES AS THEY ARE RECOGNIZED BY THE INTERNAL REVENUES SERVICE AS NOT-FOR-PROFIT CORPORATIONS EXEMPT UNDER FEDERAL AND CALIFORNIA CODE SECTIONS 501(C)(3) AND 23701(D), RESPECTIVELY. REDWOOD COURTPROPERTIES, A CALIFORNIA LIMITED PARTNERSHIP; CC SEABREEZE, LLC AND CC SEAGULL VILLA, LLC,PINE GARDENS HOLDING 3, LLC, AUTUMN VILLAGE, LLC, PINE GI HIGHLANDS VILLAGE, LLC, PINE GI LAKEVIEW APARTMENTS, LLC, PINE GI JACK SIMPSON, LLC, PINE MEADOWS CORPORATION, ORR CREEK COMMONS, LLC, WILLOW TERRACE LLC, PINE GARDENS I, LLC AND RCHDC MISTY VILLAGE LLC ARE PASS-THROUGH ENTITIES WITH NOT-FOR-PROFIT GENERAL PARTNERS AND MANAGING MEMBERS, AND ARE TREATED AS EXEMPT ORGANIZATIONS FOR FEDERAL AND CALIFORNIA INCOME TAX PURPOSES PER IRS RULING. HUMBOLDT BAY HOUSING DEVELOPMENT CORPORATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT UNDER FEDERAL AND CALIFORNIA CODE SECTIONS 501(C)(3) AND 23701(D), RESPECTIVELY. RCHDC AND AFFILIATES ACCOUNT FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) FOR INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1UNREALIZED LOSS ON LAND DEVELOPMENT 170,000.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011387991
IRS990ScheduleD/TotalBookValueOtherAssetsAmt05361623

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.3$22.1$16.2$5.74$4.41$1.34
2023Detailed filing. Detailed filing data is available for this year.$31.1$16.5$14.6$8.53$4.33$4.20
2023Summary only. Only limited summary data is available for this year.$31.1$16.5$14.6$8.53$4.33$4.20
2022Summary only. Only limited summary data is available for this year.$27.9$17.3$10.5$5.34$4.51$0.83
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$26.4$16.1$10.3$5.01$4.07$0.94
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$26.8$17.0$9.79$3.96$4.01$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$25.3$17.1$8.28$2.94$3.92$0.98
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.1$17.8$9.30$3.53$3.42$0.11
2017Summary only. Only limited summary data is available for this year.$26.8$17.2$9.56$3.48$3.24$0.24
2016Detailed filing. Detailed filing data is available for this year.$27.5$17.7$9.86$4.10$3.52$0.58
2015Detailed filing. Detailed filing data is available for this year.$29.5$19.8$9.73$3.60$3.87$0.28
2014Detailed filing. Detailed filing data is available for this year.$30.2$20.1$10.1$3.34$3.67$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.2$20.0$12.1$3.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$20.1$12.5$4.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.1$24.1$9.01$6.75
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.9$42.2$4.78$6.10