Civic Intelligence

Affordable Community Housing Trust - Epsilon

EIN 94-3130134 • 501(c)3 • Edmond, OK

Profile

The organization provides seniors affordable housing and related services.

2200 NE 140th Street No A23Edmond, OK 73013

www.acht-usa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

100th percentile

5.86x

Higher debt load relative to assets than 100% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

13.31x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

2nd percentile

-156%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

20th percentile

-4.0%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Assets

Down

$10,611,005

Down $442,881 (-4.0%) from 2022

Liabilities

Up

$62,172,044

Up $1,939,054 (+3.2%) from 2022

Net Assets

Down

-$51,561,039

Down $2,381,935 (-4.8%) from 2022

Revenue

Down

$4,672,822

Down $1,615,009 (-26%) from 2022

Expenses

Up

$11,945,630

Up $4,049,125 (+51%) from 2022

Net Income

Down

-$7,272,808

Down $5,664,134 (-352%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0-$50M-$100MAssets 2011: $20,889,283Liabilities 2011: $53,827,826Net Assets 2011: -$32,938,5432011Assets 2012: $19,967,816Liabilities 2012: $55,290,353Net Assets 2012: -$35,322,5372012Assets 2013: $19,096,915Liabilities 2013: $56,621,507Net Assets 2013: -$37,524,5922013Assets 2014: $18,442,189Liabilities 2014: $57,010,220Net Assets 2014: -$38,568,0312014Assets 2015: $17,422,621Liabilities 2015: $57,230,145Net Assets 2015: -$39,807,5242015Assets 2016: $16,872,980Liabilities 2016: $57,963,236Net Assets 2016: -$41,090,2562016Assets 2017: $15,965,254Liabilities 2017: $58,235,523Net Assets 2017: -$42,270,2692017Assets 2018: $15,550,558Liabilities 2018: $58,914,570Net Assets 2018: -$43,364,0122018Assets 2019: $15,383,846Liabilities 2019: $59,241,751Net Assets 2019: -$43,857,9052019Assets 2020: $13,722,147Liabilities 2020: $59,268,353Net Assets 2020: -$45,546,2062020Assets 2021: $12,007,146Liabilities 2021: $59,577,576Net Assets 2021: -$47,570,4302021Assets 2022: $11,053,886Liabilities 2022: $60,232,990Net Assets 2022: -$49,179,1042022Assets 2023: $10,611,005Liabilities 2023: $62,172,044Net Assets 2023: -$51,561,0392023

Highlighted filing

2023

Assets$10,611,005
Liabilities$62,172,044
Net Assets-$51,561,039

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0M-$10MExpenses 2011: $8,375,8302011Revenue 2012: $5,530,991Expenses 2012: $7,812,888Net Income 2012: -$2,281,8972012Expenses 2013: $8,332,3112013Revenue 2014: $6,445,879Expenses 2014: $7,691,379Net Income 2014: -$1,245,5002014Revenue 2015: $6,866,694Expenses 2015: $8,150,993Net Income 2015: -$1,284,2992015Revenue 2016: $7,221,047Expenses 2016: $8,488,734Net Income 2016: -$1,267,6872016Revenue 2017: $7,569,619Expenses 2017: $8,729,880Net Income 2017: -$1,160,2612017Revenue 2018: $7,899,150Expenses 2018: $8,973,128Net Income 2018: -$1,073,9782018Revenue 2019: $7,847,867Expenses 2019: $8,863,186Net Income 2019: -$1,015,3192019Revenue 2020: $7,259,942Expenses 2020: $8,693,878Net Income 2020: -$1,433,9362020Revenue 2021: $6,060,703Expenses 2021: $8,039,743Net Income 2021: -$1,979,0402021Revenue 2022: $6,287,831Expenses 2022: $7,896,505Net Income 2022: -$1,608,6742022Revenue 2023: $4,672,822Expenses 2023: $11,945,630Net Income 2023: -$7,272,8082023

Highlighted filing

2023

Revenue$4,672,822
Expenses$11,945,630
Net Income-$7,272,808

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$62.2$51.6$4.67$11.9$7.27
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.1$60.2$49.2$6.29$7.90$1.61
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$59.6$47.6$6.06$8.04$1.98
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$59.3$45.5$7.26$8.69$1.43
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$59.2$43.9$7.85$8.86$1.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$58.9$43.4$7.90$8.97$1.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.0$58.2$42.3$7.57$8.73$1.16
2016Detailed filing. Detailed filing data is available for this year.$16.9$58.0$41.1$7.22$8.49$1.27
2015Detailed filing. Detailed filing data is available for this year.$17.4$57.2$39.8$6.87$8.15$1.28
2014Detailed filing. Detailed filing data is available for this year.$18.4$57.0$38.6$6.45$7.69$1.25
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.1$56.6$37.5$8.33
2012Summary only. Only limited summary data is available for this year.$20.0$55.3$35.3$5.53$7.81$2.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.9$53.8$32.9$8.38
Latest Detailed Filing

The latest 2023 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jun 1, 2021 to May 31, 2022
Signed
Apr 18, 2023
Return Version
2021v4.0
Gross Receipts
$6,287,831
Mission and Program Overview

Mission

The organization provides seniors affordable housing and related services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,350,242$10,462,976▼ $887,266
Prepaid Expenses and Deferred Charges$242,888$267,983▲ $25,095
Cash and Non-Interest-Bearing Accounts$40,088$101,193▲ $61,105
Accounts Receivable$62,172$29,690▼ $32,482
Total Assets$12,007,146$11,053,886▼ $953,260
Other Assets Total$311,756$192,044▼ $119,712
Liabilities
Accounts Payable and Accrued Expenses$31,115,450$32,328,264▲ $1,212,814
Mortgage Notes Payable Secured by Investment Property$28,418,207$27,873,296▼ $544,911
Other Liabilities$33,891$24,157▼ $9,734
Deferred Revenue$10,028$7,273▼ $2,755
Total Liabilities$59,577,576$60,232,990▲ $655,414
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-47,570,430$-49,179,104▼ $1,608,674
Total Net Assets Fund Balance$-47,570,430$-49,179,104▼ $1,608,674
Total Liabilities and Net Assets / Fund Balance$12,007,146$11,053,886▼ $953,260

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,562,976$24,085,604$32,648,580
Land$1,900,000-$1,900,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jon PadenPresident
Phil RappDirector
Ron JohnstonDirector
Steve ChrismanDirector
Scott OverbeySecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$6,287,762
Investment Income
$69
Other Revenue
$0
Change in Net Assets
$-1,608,674

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,287,831
Total Revenue per Audited Statements
$6,287,831
Total Revenue per Form 990
$6,287,831
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,217,997
Salaries, Compensation, and Employee Benefits$2,678,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,899,216$411,291-$2,310,507
Interest$1,844,491--$1,844,491
Depreciation Depletion$1,071,000$15,815-$1,086,815
Insurance$319,890$25,054-$344,944
Fees for Services Management-$297,420-$297,420
Payroll Taxes$182,266$39,471-$221,737
All Other Expenses$201,897$8,018-$209,915
Advertising-$149,274-$149,274
Other Employee Benefits$120,228$26,036-$146,264
Other Expenses$121,387$18,475-$139,862
Fees for Services Legal-$70,126-$70,126
Office Expenses-$66,735-$66,735
Total Functional Expenses$6,709,406$1,187,099$0$7,896,505

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,896,505
Total Expenses per Audited Statements$7,896,505
Total Expenses per Form 990$7,896,505
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
Prepaid Rent$16,351
Tenant Security Deposits$7,806
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

The organization delegates control over management duties customarily performed by or under the direct supervision of officers, directors, trustees or key employees to a management company.

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

A copy of the form 990 was provided to the organization's governing body for review before it was filed.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of the organization's officers, key employees and executive director includes a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.

Form 990, Page 6, Part VI, Line 15B

The process for determining compensation of the organization's officers, key employees and executive director includes a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Affordable Community Housing
EIN
94-3130134
Phone
4052856680
Address
2200 NE 140TH STREET NO A23, EDMOND, OK 73013

Signing Officer

Name
Jon Paden
Title
President
Phone
4052856680
Signed
2023-04-18

Organization Details

Principal Officer
Jon Paden
Formed
1990
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
167

Preparer

Firm
K Evans & Associates Pllc
Address
4433 PUNJAB WAY STE 102, FRISCO, TX 75033-6745
Preparer
Kirk Evans CPA
Phone
9723359754
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

DISTRIBUTION BY PARENT 0

Raw XML AppendixShowing 400 of 482 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
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE ORGANIZATION PROVIDES SENIORS AFFORDABLE HOUSING AND RELATED SERVICES.
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08018
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IRS990/BooksInCareOfDetail/USAddress/CityNm0EDMOND
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IRS990/EmployeeCnt0167
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IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
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IRS990ScheduleD/TotalExpensesPerForm990Amt07896505
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DELEGATES CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO A MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS, KEY EMPLOYEES AND EXECUTIVE DIRECTOR INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS, KEY EMPLOYEES AND EXECUTIVE DIRECTOR INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DISTRIBUTION BY PARENT 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3AFFORDABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt4AFFORDABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt5AFFORDABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt6AFFORDABLE
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt3COMMUNITY HOUSING TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt4COMMUNITY HOUSING TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine2Txt5COMMUNITY HOUSING TRUST
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2AFFORDABLE COMMUNITY HOUSING-ZETA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3AFFORDABLE COMMUNITY HOUSING-GAMMA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4AFFORDABLE COMMUNITY HOUSING-THETA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5AFFORDABLE COMMUNITY HOUSING-DELTA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6AFFORDABLE SENIOR HOUSING INC
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt22200 NE 140TH STREET SUITE A23
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OK
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5OK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd6OK
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0ACCRUAL BASIS
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IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2ACCRUAL BASIS
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0AFFORDABLE COMMUNITY HOUSING TRUST

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