Form 990, Part VI, Section B, Line 11B
“The form 990 was reviewed and approved by the treasurer prior to filing. The tax return is submitted to the board of directors for approval at the monthly board meetings.”
Scores are not available for this record yet.
Assets
Up$107,836,964
Up $9,236,891 (+9.4%) from 2023
Net Assets
Up$25,790,871
Up $2,383,913 (+10%) from 2023
Liabilities
Up$82,046,093
Up $6,852,978 (+9.1%) from 2023
Revenue
Down$12,650,516
Down $954,284 (-7.0%) from 2023
Expenses
Up$10,244,926
Up $3,889,194 (+61%) from 2023
Net Income
Down$2,405,590
Down $4,843,478 (-67%) from 2023
Housing developer specializing in developing small-scale housing developments that are affordable to families and households with special needs, such as persons with disabilities or households moving out of homelessness.
Develop and provide affordable housing or low-income and special needs households.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $61,130,547 | $59,473,251 | ▼ $1,657,296 |
| Accounts Receivable | $22,266,177 | $21,599,353 | ▼ $666,824 |
| Investments Program Related | $6,171,740 | $7,837,636 | ▲ $1,665,896 |
| Other Notes and Loans Receivable, Net | - | $5,746,375 | - |
| Cash and Non-Interest-Bearing Accounts | $4,438,358 | $4,160,828 | ▼ $277,530 |
| Investments Other Securities | - | $1,532,018 | - |
| Prepaid Expenses and Deferred Charges | $64,343 | $252,156 | ▲ $187,813 |
| Pledges and Grants Receivable | $14,079 | $29,547 | ▲ $15,468 |
| Total Assets | $98,600,073 | $107,836,964 | ▲ $9,236,891 |
| Other Assets Total | $4,514,829 | $7,205,800 | ▲ $2,690,971 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $64,383,625 | $69,237,554 | ▲ $4,853,929 |
| Accounts Payable and Accrued Expenses | $8,022,698 | $9,207,392 | ▲ $1,184,694 |
| Other Liabilities | $2,699,130 | $3,513,016 | ▲ $813,886 |
| Deferred Revenue | $87,662 | $88,131 | ▲ $469 |
| Total Liabilities | $75,193,115 | $82,046,093 | ▲ $6,852,978 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $17,406,958 | $19,790,871 | ▲ $2,383,913 |
| Net Assets With Donor Restrictions | $6,000,000 | $6,000,000 | → $0 |
| Total Net Assets Fund Balance | $23,406,958 | $25,790,871 | ▲ $2,383,913 |
| Total Liabilities and Net Assets / Fund Balance | $98,600,073 | $107,836,964 | ▲ $9,236,891 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $46,661,500 | $2,915,596 | $49,577,096 |
| Land | $11,970,922 | - | $11,970,922 |
| Equipment | $840,829 | $55,912 | $896,741 |
| Investment Program Related Org | $2,350,000 | - | - |
| Other Assets Org | $934,910 | - | - |
| Name | Title |
|---|---|
| Tarrah Henrie | President |
| Tejas Saraiya | Vice President |
| Ann Danner | Board Director |
| Brian Friss | Board Director |
| Claudine Sipili | Board Director |
| John Barton | Board Director |
| John Domantay | Board Director |
| Ken Smith | Board Director |
| Lynette Stolarzyk | Board Director |
| Reshma Inamdar | Board Director |
| Rohit Angle | Board Director |
| Sameer Bhasin | Board Director |
| Ton Wasow | Board Director |
| Vishnu Beri | Board Director |
| Hassan Khawaja | Board Director - Thru 10/23 |
| Louis Chicoine | Chief Executive Officer |
| John Reiber | Chief Financial Officer |
| Vivian Wan | Chief Operating Officer |
| Darrian White | Secretary |
| John Lee | Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Allied Parkmoor Hub LLC | Residential Services | 40846 FREMONT BLVD, Fremont, CA 94538 | $578,103 |
| Nph Action Fund Political Issues Committ | State Policy & Advocacy | PO BOX 29903, San Francisco, CA 94129 | $250,000 |
| Armanino LLP | Accounting | 12657 ALCOSTA BLVD STE 500, San Ramon, CA 94518 | $161,129 |
| Line Item | Amount |
|---|---|
| Other Expenses | $6,099,707 |
| Salaries, Compensation, and Employee Benefits | $4,145,219 |
| Total Fundraising Expense | $14,952 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $2,412,781 | $1,069,551 | $12,933 | $3,495,265 |
| Fees for Services Management | $733,567 | $276,300 | - | $1,009,867 |
| Interest | $894,760 | - | - | $894,760 |
| Occupancy | $675,459 | - | - | $675,459 |
| Depreciation Depletion | $640,929 | - | - | $640,929 |
| Other Employee Benefits | $269,814 | $75,393 | $1,108 | $346,315 |
| Payroll Taxes | $236,535 | $66,193 | $911 | $303,639 |
| Fees for Services Accounting | $134,805 | $156,601 | - | $291,406 |
| Other Expenses | $262,772 | $1,480 | - | $264,252 |
| Insurance | $199,228 | $60,251 | - | $259,479 |
| Office Expenses | $146,182 | $88,234 | - | $234,416 |
| Fees for Services Other | $67,003 | $77,838 | - | $144,841 |
| All Other Expenses | $56,140 | $11,740 | - | $67,880 |
| Travel | $16,919 | $2,479 | - | $19,398 |
| Fees for Services Legal | $5,436 | $6,314 | - | $11,750 |
| Total Functional Expenses | $8,337,600 | $1,892,374 | $14,952 | $10,244,926 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Accured Interest | $3,358,968 |
| Tenant Deposits | $154,048 |
“The form 990 was reviewed and approved by the treasurer prior to filing. The tax return is submitted to the board of directors for approval at the monthly board meetings.”
“The board of directors meets on a monthly basis. All potential board members must complete an application that inquires about conflicts of interest.”
“The organization makes its governing documents, conflict of interest policy, form 990, and financial statements available to the public upon request.”
“The organization believes they have appropriate support for any tax positions taken, and as such, do not have any uncertain tax positions that are material to the consolidated financial statements. The organization's federal and state income tax and information returns for the years 2020 through 2023 are subject to examination by regulatory agencies, generally for three years and four years after they are filed for federal and state, respectively.”
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/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 17 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 18 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 19 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 17 | 355675 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 18 | 280616 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 19 | 234147 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | BOARD DIRECTOR - THRU 10/23 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | BOARD DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 17 | CHIEF EXECUTIVE OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 18 | CHIEF FINANCIAL OFFICER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 19 | CHIEF OPERATING OFFICER |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 1994 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 31997 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 16 |
| IRS990/GovernmentGrantsAmt | 0 | 1115610 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 31997 |
| IRS990/GrossReceiptsAmt | 0 | 12650516 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 60251 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 199228 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 259479 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 894760 |
| IRS990/InterestGrp/TotalAmt | 0 | 894760 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 109399 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 109399 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 1532018 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 6171740 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 7837636 |
| IRS990/IRPDocumentCnt | 0 | 13 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 2971508 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 61130547 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 59473251 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 62444759 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO PROVIDE AFFORDABLE HOUSING LINKED TO SUPPORT SERVICES FOR LOW-INCOME INDIVIDUALS AND FAMILIES. ABODE IS A SUPPORTIVE HOUSING DEVELOPMENT ORGANIZATION FOCUSED ON DEVELOPING PROJECTS IN NORTHERN CALIFORNIA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 64383625 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 69237554 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 23406958 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 25790871 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 31997 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 31997 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 17406958 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 19790871 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 675459 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 675459 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 88234 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 146182 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 234416 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 4514829 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 7205800 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 1108 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 75393 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 269814 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 346315 |
| IRS990/OtherExpensesGrp/Desc | 0 | O/M SECURITY CONRACT |
| IRS990/OtherExpensesGrp/Desc | 1 | REPAIRS & MAINTENANCE |
| IRS990/OtherExpensesGrp/Desc | 2 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/Desc | 3 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1480 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 631014 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 534102 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 420154 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 262772 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 631014 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 534102 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 420154 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 264252 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2699130 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3513016 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 12933 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 1069551 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 2412781 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 3495265 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 5746375 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 911 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 66193 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 236535 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 303639 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 14079 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 29547 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 64343 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 252156 |
| IRS990/PrincipalOfficerNm | 0 | VIVIAN WAN CEO |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -21677 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 624200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 531110 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 900099 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 3 | 624200 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 4 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DEVELOPER FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | RENTAL INCOME |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | MANAGEMENT FEES |
| IRS990/ProgramServiceRevenueGrp/Desc | 3 | MISC TENANT SERVICES |
| IRS990/ProgramServiceRevenueGrp/Desc | 4 | INCOME PTRSHIP INVESTMENTS |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 5944113 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 4087453 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 2 | 871133 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 3 | 100631 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 4 | 97470 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 5944113 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 4087453 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.