Civic Intelligence

Sparks Way Commons Inc.

990 • Fiscal year 2022 • EIN 94-2940404

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 05, 2023

Organization ProfileWWW.EDENHOUSING.ORG
22645 Grand StreetHayward, CA 94541

(510) 582-1460

Siviq Scores

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

Liabilities / Assets

98th percentile

1.88x

Higher debt load relative to assets than 98% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

31st percentile

0.02x

Higher debt load relative to revenue than 31% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

95th percentile

74%

Higher net margin than 95% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

1st percentile

-97%

Faster asset growth than 1% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

639%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$31,351

Down $1,213,266 (-97%) from 2021

Net Assets

Up

-$27,725

Up $2,225,845 (+99%) from 2021

Liabilities

Down

$59,076

Down $3,439,111 (-98%) from 2021

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin95th percentile

Revenue

Up

$3,027,086

Up $2,617,601 (+639%) from 2021

Expenses

Up

$801,241

Up $108,304 (+16%) from 2021

Net Income

Up

$2,225,845

Up $2,509,297 (+885%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2011: $1,770,048Liabilities 2011: $2,893,927Net Assets 2011: -$1,123,8792011Assets 2012: $1,638,403Liabilities 2012: $2,942,800Net Assets 2012: -$1,304,3972012Assets 2013: $1,522,930Liabilities 2013: $2,881,680Net Assets 2013: -$1,358,7502013Assets 2014: $1,478,786Liabilities 2014: $2,899,550Net Assets 2014: -$1,420,7642014Assets 2015: $1,412,649Liabilities 2015: $2,984,394Net Assets 2015: -$1,571,7452015Assets 2016: $1,342,641Liabilities 2016: $3,115,952Net Assets 2016: -$1,773,3112016Assets 2017: $1,321,687Liabilities 2017: $3,202,231Net Assets 2017: -$1,880,5442017Assets 2018: $1,463,105Liabilities 2018: $3,205,774Net Assets 2018: -$1,742,6692018Assets 2019: $1,396,414Liabilities 2019: $3,603,490Net Assets 2019: -$2,207,0762019Assets 2020: $1,405,661Liabilities 2020: $3,375,776Net Assets 2020: -$1,970,1152020Assets 2021: $1,244,617Liabilities 2021: $3,498,187Net Assets 2021: -$2,253,5702021Assets 2022: $31,351Liabilities 2022: $59,076Net Assets 2022: -$27,7252022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2022

Assets$31,351
Liabilities$59,076
Net Assets-$27,725
Open 2022 Filing

Operations Trend

Revenue Growth99th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $285,660Expenses 2011: $396,168Net Income 2011: -$110,5082011Revenue 2012: $293,353Expenses 2012: $473,871Net Income 2012: -$180,5182012Revenue 2013: $386,045Expenses 2013: $440,398Net Income 2013: -$54,3532013Revenue 2014: $350,610Expenses 2014: $412,624Net Income 2014: -$62,0142014Revenue 2015: $303,724Expenses 2015: $454,705Net Income 2015: -$150,9812015Revenue 2016: $359,185Expenses 2016: $560,751Net Income 2016: -$201,5662016Revenue 2017: $397,309Expenses 2017: $504,542Net Income 2017: -$107,2332017Revenue 2018: $674,267Expenses 2018: $536,392Net Income 2018: $137,8752018Revenue 2019: $441,558Expenses 2019: $905,965Net Income 2019: -$464,4072019Revenue 2020: $791,958Expenses 2020: $554,997Net Income 2020: $236,9612020Revenue 2021: $409,485Expenses 2021: $692,937Net Income 2021: -$283,4522021Revenue 2022: $3,027,086Expenses 2022: $801,241Net Income 2022: $2,225,8452022Revenue 2023: $39,090Expenses 2023: $11,365Net Income 2023: $27,7252023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2022

Revenue$3,027,086
Expenses$801,241
Net Income$2,225,845
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 5, 2023
Return Version
2022v5.0
Gross Receipts
$4,063,596
Mission and Program Overview

Mission

To create and maintain a limited equity housing cooperative for low-moderate income persons.

To create and maintain a limited equity housing cooperative for low- and moderate-income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,050,654--
Accounts Receivable$56,387$11,365▼ $45,022
Cash and Non-Interest-Bearing Accounts$9,404$8,544▼ $860
Prepaid Expenses and Deferred Charges$2,284--
Total Assets$1,244,617$31,351▼ $1,213,266
Other Assets Total$125,888$11,442▼ $114,446
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,308,792--
Other Liabilities$91,670$0▼ $91,670
Accounts Payable and Accrued Expenses$94,561$59,076▼ $35,485
Deferred Revenue$3,164--
Total Liabilities$3,498,187$59,076▼ $3,439,111
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,253,570$-27,725▲ $2,225,845
Total Net Assets Fund Balance$-2,253,570$-27,725▲ $2,225,845
Total Liabilities and Net Assets / Fund Balance$1,244,617$31,351▼ $1,213,266

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$9--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Theresa PowellPresident
Marilyn MartinVice President
Candace WadeDirector
Darnell WilliamsDirector
Taquila PrattDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,434
Program Service Revenue
$325,811
Investment Income
$2,492,340
Other Revenue
$207,501
Change in Net Assets
$2,225,845

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,027,086
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,027,086
Total Revenue per Form 990
$3,027,086
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$801,241
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
Occupancy$343,698--$343,698
Fees for Services Management$102,776$33,507-$136,283
Depreciation Depletion$62,518--$62,518
Fees for Services Accounting-$15,153-$15,153
Office Expenses$13,427--$13,427
Fees for Services Legal$9,583--$9,583
Information Technology$5,312--$5,312
Conferences and Meetings$1,516--$1,516
Travel$695--$695
Other Expenses$411--$411
Fees for Services Other$249--$249
All Other Expenses$135--$135
Total Functional Expenses$752,581$48,660$0$801,241

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$801,241
Total Expenses per Audited Statements$801,241
Total Expenses per Form 990$801,241
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
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The low-income housing project is managed by eden housing management, inc. (ehmi), an unrelated california nonprofit public benefit corporation. Emhi is responsible for the operations of the low-income housing project, including compliance with rhcp requirements and the operation and maintenance of the project.”

Form 990, Part VI, Section A, Line 6

“There is one class of members in the cooperative with equal rights, powers, and privileges. Any natural person who has been approved by the board of directors shall be eligible to be a member of the cooperative on payment of the membership fee in the appropriate amount set by the board and upon execution of an occupancy agreement in the usual form employed by the cooperative, covering a specific dwelling unit.”

Form 990, Part VI, Section A, Line 7A

“The board of directors is composed of seven persons, six of whom shall be elected by members of the cooperative and one of whom shall be appointed by eden housing, inc. For the year ended december 31, 2022, there were two open positions on the board.”

Form 990, Part VI, Section A, Line 8B

“There are no subcommittees of the board of directors.”

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

“The management agent reviews the form 990 prior to presentation to the board members for their review and an officer's signature.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Sparks Way Commons Inc
EIN
94-2940404
Phone
5105821460
Address
22645 GRAND STREET, HAYWARD, CA 94541

Signing Officer

Name
Marilyn Martin
Title
Vice President
Phone
5105821460
Signed
2023-10-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Martin
Formed
1983
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Cohnreznick Llp
Address
621 CAPITOL MALL SUITE 2150, SACRAMENTO, CA 95814
Preparer
Lisa M Cummings CPA
Phone
9164429100
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation has applied for and received a determination letter from the internal revenue service ("irs") to be treated as a tax exempt entity pursuant to section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the years ended june 30, 2022 and 2021. Due to its tax-exempt status, the corporation is not subject to income taxes. The corporation is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the corporation has no other tax positions which must be considered for disclosure. Tax returns filed by the corporation are subject to examination by the irs for a period of three years. While no tax returns are currently being examined by the irs, tax years since 2019 remain open.”

Raw XML AppendixShowing 400 of 442 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.

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IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0328635
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0GAIN ON DEBT FORGIVENESS - 2022 AMOUNT: $ 204,677. ANCILLARY SERVICES - 2022 AMOUNT: $ 2,198. OTHER REVENUE - 2022 AMOUNT: $ 626.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01434
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt055925
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0427966
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0121109
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0361746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0968180
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt025
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt076
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0273
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0325811
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0353526
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0363955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0320348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0312445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01676085
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt076
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0273
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0207501
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0207501
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92710
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt02644265
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0327245
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0409451
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0791921
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0441457
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0674191
IRS990ScheduleA/Total509Grp/TotalAmt02644265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0534771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0409485
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0791958
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0441558
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0674267
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02852039
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0801241
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011433
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt19
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03027086
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION HAS APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30, 2022 AND 2021. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2019 REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011442
IRS990ScheduleD/TotalExpensesPerForm990Amt0801241
IRS990ScheduleD/TotalRevenuePerForm990Amt03027086
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03027086
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0801241
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/DirectorOfSuccessor2Ind00
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0LAND
IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1BUILDING
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt0EDEN SPARKS WAY COMMONS LLC
IRS990ScheduleN/DispositionOfAssetsDetail/BusinessName/BusinessNameLine1Txt1EDEN SPARKS WAY COMMONS LLC
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02022-12-01
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt12022-12-01
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0883469651
IRS990ScheduleN/DispositionOfAssetsDetail/EIN1883469651
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt0546400
IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt1482834
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0DISREGARDED ENTITY
IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt1DISREGARDED ENTITY
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt1NET BOOK VALUE
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt022645 GRAND STSREET
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt122645 GRAND STSREET
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm0HAYWARD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/CityNm1HAYWARD
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd0CA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/StateAbbreviationCd1CA
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd094541
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/ZIPCd194541
IRS990ScheduleN/EmployeeOfSuccessor2Ind00
IRS990ScheduleN/OwnerOfSuccessor2Ind00
IRS990ScheduleN/ReceiveCompensation2Ind00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE LOW-INCOME HOUSING PROJECT IS MANAGED BY EDEN HOUSING MANAGEMENT, INC. (EHMI), AN UNRELATED CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION. EMHI IS RESPONSIBLE FOR THE OPERATIONS OF THE LOW-INCOME HOUSING PROJECT, INCLUDING COMPLIANCE WITH RHCP REQUIREMENTS AND THE OPERATION AND MAINTENANCE OF THE PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE IS ONE CLASS OF MEMBERS IN THE COOPERATIVE WITH EQUAL RIGHTS, POWERS, AND PRIVILEGES. ANY NATURAL PERSON WHO HAS BEEN APPROVED BY THE BOARD OF DIRECTORS SHALL BE ELIGIBLE TO BE A MEMBER OF THE COOPERATIVE ON PAYMENT OF THE MEMBERSHIP FEE IN THE APPROPRIATE AMOUNT SET BY THE BOARD AND UPON EXECUTION OF AN OCCUPANCY AGREEMENT IN THE USUAL FORM EMPLOYED BY THE COOPERATIVE, COVERING A SPECIFIC DWELLING UNIT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS COMPOSED OF SEVEN PERSONS, SIX OF WHOM SHALL BE ELECTED BY MEMBERS OF THE COOPERATIVE AND ONE OF WHOM SHALL BE APPOINTED BY EDEN HOUSING, INC. FOR THE YEAR ENDED DECEMBER 31, 2022, THERE WERE TWO OPEN POSITIONS ON THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THERE ARE NO SUBCOMMITTEES OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MANAGEMENT AGENT REVIEWS THE FORM 990 PRIOR TO PRESENTATION TO THE BOARD MEMBERS FOR THEIR REVIEW AND AN OFFICER'S SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01244617
IRS990/TotalAssetsEOYAmt031351
IRS990/TotalAssetsGrp/BOYAmt01244617
IRS990/TotalAssetsGrp/EOYAmt031351
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01434
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048660
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0752581
IRS990/TotalFunctionalExpensesGrp/TotalAmt0801241
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03498187
IRS990/TotalLiabilitiesEOYAmt059076
IRS990/TotalLiabilitiesGrp/BOYAmt03498187
IRS990/TotalLiabilitiesGrp/EOYAmt059076
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2253570
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-27725
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0752581
IRS990/TotalProgramServiceRevenueAmt0325811
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02697017
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0328635
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03027086
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01244617
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt031351
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt0695
IRS990/TravelGrp/TotalAmt0695
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,351
Liabilities
$59,076
Net assets
-$27,725
Revenue
$3,027,086
Expenses
$801,241
Net income
$2,225,845
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.04$0.01$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.03$0.06$0.03$3.03$0.80$2.23
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$3.50$2.25$0.41$0.69$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$3.38$1.97$0.79$0.55$0.24
2019Detailed filing. Detailed filing data is available for this year.$1.40$3.60$2.21$0.44$0.91$0.46
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.46$3.21$1.74$0.67$0.54$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$3.20$1.88$0.40$0.50$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$3.12$1.77$0.36$0.56$0.20
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$2.98$1.57$0.30$0.45$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.48$2.90$1.42$0.35$0.41$0.06
2013Summary only. Only limited summary data is available for this year.$1.52$2.88$1.36$0.39$0.44$0.05
2012Summary only. Only limited summary data is available for this year.$1.64$2.94$1.30$0.29$0.47$0.18
2011Summary only. Only limited summary data is available for this year.$1.77$2.89$1.12$0.29$0.40$0.11