Civic Intelligence

West Sacramento Housing Development Corporation

990 • Fiscal year 2015 • EIN 94-3184534

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 04, 2016

1601 Response RoadSacramento, CA 95815

(916) 646-8180

Siviq Scores

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

Liabilities / Assets

70th percentile

0.34x

Higher debt load relative to assets than 70% of similar nonprofits.

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

Liabilities / Revenue

91st percentile

2.43x

Higher debt load relative to revenue than 91% of similar nonprofits.

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

Net Margin

79th percentile

20%

Higher net margin than 79% 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

57th percentile

2.6%

Faster asset growth than 57% of similar nonprofits.

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

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

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

Assets

Up

$2,062,393

Up $52,878 (+2.6%) from 2014

Net Assets

Up

$1,368,900

Up $55,746 (+4.2%) from 2014

Liabilities

Down

$693,493

Down $2,868 (-0.4%) from 2014

Revenue

Down

$285,315

Down $1,149,669 (-80%) from 2014

Expenses

Down

$229,569

Down $1,925,831 (-89%) from 2014

Net Income

Up

$55,746

Up $776,162 (+108%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $2,655,246Liabilities 2011: $657,319Net Assets 2011: $1,997,9272011Assets 2012: $2,689,125Liabilities 2012: $662,421Net Assets 2012: $2,026,7042012Assets 2013: $2,935,328Liabilities 2013: $901,758Net Assets 2013: $2,033,5702013Assets 2014: $2,009,515Liabilities 2014: $696,361Net Assets 2014: $1,313,1542014Assets 2015: $2,062,393Liabilities 2015: $693,493Net Assets 2015: $1,368,9002015Assets 2016: $2,247,224Liabilities 2016: $873,705Net Assets 2016: $1,373,5192016Assets 2017: $2,452,683Liabilities 2017: $656,836Net Assets 2017: $1,795,8472017Assets 2018: $2,609,013Liabilities 2018: $673,377Net Assets 2018: $1,935,6362018Assets 2019: $2,566,165Liabilities 2019: $647,771Net Assets 2019: $1,918,3942019Assets 2020: $2,581,122Liabilities 2020: $647,847Net Assets 2020: $1,933,2752020Assets 2021: $2,727,086Liabilities 2021: $638,148Net Assets 2021: $2,088,9382021Assets 2022: $2,560,335Liabilities 2022: $635,494Net Assets 2022: $1,924,8412022Assets 2023: $2,683,527Liabilities 2023: $638,668Net Assets 2023: $2,044,8592023Assets 2024: $2,715,531Liabilities 2024: $625,559Net Assets 2024: $2,089,9722024

Highlighted filing

2015

Assets$2,062,393
Liabilities$693,493
Net Assets$1,368,900

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $2,093,545Expenses 2011: $246,954Net Income 2011: $1,846,5912011Revenue 2012: $237,247Expenses 2012: $208,470Net Income 2012: $28,7772012Revenue 2013: $285,152Expenses 2013: $278,286Net Income 2013: $6,8662013Revenue 2014: $1,434,984Expenses 2014: $2,155,400Net Income 2014: -$720,4162014Revenue 2015: $285,315Expenses 2015: $229,569Net Income 2015: $55,7462015Revenue 2016: $381,997Expenses 2016: $377,378Net Income 2016: $4,6192016Revenue 2017: $697,546Expenses 2017: $275,218Net Income 2017: $422,3282017Revenue 2018: $366,586Expenses 2018: $226,797Net Income 2018: $139,7892018Revenue 2019: $229,550Expenses 2019: $246,792Net Income 2019: -$17,2422019Revenue 2020: $238,733Expenses 2020: $223,852Net Income 2020: $14,8812020Revenue 2021: $403,882Expenses 2021: $248,219Net Income 2021: $155,6632021Revenue 2022: $360,159Expenses 2022: $524,256Net Income 2022: -$164,0972022Revenue 2023: $367,273Expenses 2023: $247,255Net Income 2023: $120,0182023Revenue 2024: $274,915Expenses 2024: $229,802Net Income 2024: $45,1132024

Highlighted filing

2015

Revenue$285,315
Expenses$229,569
Net Income$55,746
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 4, 2016
Return Version
2015v2.0
Gross Receipts
$285,315
Mission and Program Overview

Mission

To provide affordable housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$357,843$522,002▲ $164,159
Other Notes and Loans Receivable, Net$1,060,757$317,959▼ $742,798
Land, Buildings, and Equipment, Net$303,661$294,457▼ $9,204
Accounts Receivable$160,124$136,618▼ $23,506
Prepaid Expenses and Deferred Charges$2,243$2,851▲ $608
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$2,009,515$2,062,393▲ $52,878
Other Assets Total$124,887$788,506▲ $663,619
Liabilities
Mortgage Notes Payable Secured by Investment Property$425,577$424,027▼ $1,550
Other Liabilities$259,423$260,038▲ $615
Accounts Payable and Accrued Expenses$11,361$9,428▼ $1,933
Total Liabilities$696,361$693,493▼ $2,868
Net Assets / Fund Balance
Unrestricted Net Assets$1,313,154$1,368,900▲ $55,746
Total Net Assets Fund Balance$1,313,154$1,368,900▲ $55,746
Total Liabilities and Net Assets / Fund Balance$2,009,515$2,062,393▲ $52,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$119,737$72,763$192,500
Leasehold Improvements$107,068$68,592$175,660
Land$67,652-$67,652
Other Land Buildings-$39,064$39,064
Other Assets Org$9,181--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joe GoedenPresident
Chris SteeleDirector
Jon PearmanDirector
Lisa BakerDirector
Mark JohannessonDirector
Todd ChambersDirector
Terri DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$285,271
Investment Income
$44
Other Revenue
$0
Change in Net Assets
$55,746
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$229,569
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
Interest$21,016--$21,016
All Other Expenses$20,591--$20,591
Other Expenses$12,688--$12,688
Fees for Services Accounting$11,063--$11,063
Depreciation Depletion$9,204--$9,204
Insurance$8,934--$8,934
Fees for Services Management-$8,404-$8,404
Office Expenses$2,865--$2,865
Fees for Services Legal$945--$945
Advertising$132--$132
Total Functional Expenses$221,165$8,404$0$229,569
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable to Washington Courtyard LP$250,050
Security deposits payable$9,988
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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, Line 3: Description of Delegated Duties to Management Company

AWI Management has been hired to manage the rental properties owned by West Sacramento Housing Development Corporation.

Form 990, Part VI, Line 11B: Form 990 Review Process

Board of Directors reviews 990 prior to filing

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
West Sacramento Housing
EIN
94-3184534
Phone
9166468180
Address
1601 Response Road, Sacramento, CA 95815

Signing Officer

Name
Terri Davis
Title
Treasurer
Signed
2016-11-04
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Tom Tomaszewski CPA
Address
3811 Tilden Drive, El Dorado Hills, CA 95762
Preparer
Tom Tomaszewski
Phone
9168045367
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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt056
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02155400
IRS990/PYProgramServiceRevenueAmt01434928
IRS990/PYRevenuesLessExpensesAmt0-720416
IRS990/PYTotalExpensesAmt02155400
IRS990/PYTotalRevenueAmt01434984
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt055746
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt080000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt080000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt044
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt092
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0285271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01434928
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0205115
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0237155
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02093503
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04255972
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt044
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt092
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0271
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt04335972
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0285271
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01434928
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0285115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0237155
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02093503
IRS990ScheduleA/Total509Grp/TotalAmt04335972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0285315
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01434984
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0285152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0237247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02093545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04336243
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0119737
IRS990ScheduleD/BuildingsGrp/DepreciationAmt072763
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0192500
IRS990ScheduleD/LandGrp/BookValueAmt067652
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt067652
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0107068
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt068592
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0175660
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04104
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1546
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2757633
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt317042
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt49181
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Amortizable fees
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Investment in Partnershiip
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Security Deposits
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt039064
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt039064
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0250050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19988
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Note Payable to Washington Courtyard LP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Security deposits payable
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0294457
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0788506
IRS990ScheduleD/TotalLiabilityAmt0260038
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0AWI Management has been hired to manage the rental properties owned by West Sacramento Housing Development Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board of Directors reviews 990 prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt0Yes
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt1No
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt2No
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt3No
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt4Yes
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt5No
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingEntityName/BusinessNameLine1Txt6No
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd0false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd1false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd2false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd3false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd4false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd5false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd6false
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0946001347
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN1680314908
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN2463897599

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.72$0.63$2.09$0.27$0.23$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.68$0.64$2.04$0.37$0.25$0.12
2022Detailed filing. Detailed filing data is available for this year.$2.56$0.64$1.92$0.36$0.52$0.16
2021Detailed filing. Detailed filing data is available for this year.$2.73$0.64$2.09$0.40$0.25$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.58$0.65$1.93$0.24$0.22$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.57$0.65$1.92$0.23$0.25$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.61$0.67$1.94$0.37$0.23$0.14
2017Detailed filing. Detailed filing data is available for this year.$2.45$0.66$1.80$0.70$0.28$0.42
2016Detailed filing. Detailed filing data is available for this year.$2.25$0.87$1.37$0.38$0.38$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.06$0.69$1.37$0.29$0.23$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.70$1.31$1.43$2.16$0.72
2013Summary only. Only limited summary data is available for this year.$2.94$0.90$2.03$0.29$0.28$0.01
2012Summary only. Only limited summary data is available for this year.$2.69$0.66$2.03$0.24$0.21$0.03
2011Summary only. Only limited summary data is available for this year.$2.66$0.66$2.00$2.09$0.25$1.85