Civic Intelligence

Strobridge Housing Inc.

990 • Fiscal year 2012 • EIN 94-3229530

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 12, 2013

345 Spear Street No 70094105
Siviq Scores

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

Liabilities / Assets

74th percentile

0.09x

Higher debt load relative to assets than 74% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

44th percentile

-1.1%

Faster asset growth than 44% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$169,375

Down $1,832 (-1.1%) from 2011

Net Assets

Down

$154,375

Down $1,832 (-1.2%) from 2011

Liabilities

Flat

$15,000

Flat from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$18,412

Up $50 (+0.3%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2010: $172,979Liabilities 2010: $15,000Net Assets 2010: $157,9792010Assets 2011: $171,207Liabilities 2011: $15,000Net Assets 2011: $156,2072011Assets 2012: $169,375Liabilities 2012: $15,000Net Assets 2012: $154,3752012Assets 2013: $167,715Liabilities 2013: $15,000Net Assets 2013: $152,7152013Assets 2014: $15,000Liabilities 2014: $263,464Net Assets 2014: -$248,4642014Assets 2015: $161,698Liabilities 2015: $16,532Net Assets 2015: $145,1662015Assets 2016: $159,717Liabilities 2016: $15,000Net Assets 2016: $144,7172016Assets 2017: $157,846Liabilities 2017: $15,000Net Assets 2017: $142,8462017Assets 2018: $156,104Liabilities 2018: $15,000Net Assets 2018: $141,1042018Assets 2019: $154,308Liabilities 2019: $15,000Net Assets 2019: $139,3082019Assets 2020: $464,516Liabilities 2020: $15,000Net Assets 2020: $449,5162020Assets 2021: $462,704Liabilities 2021: $15,000Net Assets 2021: $447,7042021Assets 2022: $460,597Liabilities 2022: $15,000Net Assets 2022: $445,5972022Assets 2023: $459,391Liabilities 2023: $15,000Net Assets 2023: $444,3912023Assets 2024: $458,995Liabilities 2024: $15,000Net Assets 2024: $443,9952024

Highlighted filing

2012

Assets$169,375
Liabilities$15,000
Net Assets$154,375

Operations Trend

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

$500K$0-$500KExpenses 2010: $299,7352010Revenue 2011: $16,590Expenses 2011: $18,362Net Income 2011: -$1,7722011Expenses 2012: $18,4122012Revenue 2013: $16,830Expenses 2013: $18,490Net Income 2013: -$1,6602013Revenue 2014: $16,800Expenses 2014: $417,979Net Income 2014: -$401,1792014Revenue 2015: $410,161Expenses 2015: $16,531Net Income 2015: $393,6302015Revenue 2016: $18,107Expenses 2016: $18,556Net Income 2016: -$4492016Revenue 2017: $16,530Expenses 2017: $18,401Net Income 2017: -$1,8712017Revenue 2018: $14,867Expenses 2018: $16,609Net Income 2018: -$1,7422018Revenue 2019: $16,670Expenses 2019: $18,466Net Income 2019: -$1,7962019Revenue 2020: $326,858Expenses 2020: $16,650Net Income 2020: $310,2082020Revenue 2021: $16,725Expenses 2021: $18,537Net Income 2021: -$1,8122021Revenue 2022: $16,795Expenses 2022: $18,902Net Income 2022: -$2,1072022Revenue 2023: $16,880Expenses 2023: $18,086Net Income 2023: -$1,2062023Revenue 2024: $15,025Expenses 2024: $15,421Net Income 2024: -$3962024

Highlighted filing

2012

Revenue-
Expenses$18,412
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 12, 2013
Return Version
2012v2.1
Gross Receipts
$16,580
Mission and Program Overview

Mission

Mission: this organization supports bridge housing corporation (bridge). Bridge strengthens communities by developing, owning and managing high-quality, affordable homes for working families and seniors.vision:* bridge strengthens communities and creates opportunities for working families and seniors, beginning but not ending with housing.* bridge is a leader and innovator in the mission-driven business of effective production, operation and ownership of affordable and mixed-income housing.* bridge earns the highest degree of customer satisfaction from all stakeholders, including residents, neighbors, investors, taxpayers, private- and public-sector partners, and employees.* bridge is the go-to developer and owner for public officials, investors and communities seeking an array of housing solutions, and it delivers results.

Filing and Contact Details

Filer

EIN
94-3229530
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IRS990/ActivityOrMissionDescription0SUCCESSFULLY PROVIDED AFFORDABLE HOUSING BY PROVIDING ASSET MANAGEMENT SERVICES AND SERVING AS THE GENERAL PARTNER. CONTINUED TO SUPPLY SUPPORT TO BRIDGE HOUSING CORPORATION. BRIDGE HOUSING CORPORATION CREATES HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS. WITH OVER 12,500 HOMES PLACED IN SERVICE AND OVER 3,500 UNITS CURRENTLY IN PROGRESS, BRIDGE IS AMONG THE LARGEST AFFORDABLE HOUSING DEVELOPERS IN CALIFORNIA. BRIDGE BUILDS A RANGE OF HOUSING TYPES THAT NOT ONLY FIT COMFORTABLY INTO THEIR SURROUNDINGS BUT ALSO ACT AS THE CATALYST FOR REVITALIZING AND STRENGTHENING NEIGHBORHOODS.
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation0BRIDGE AND AFFILIATES BELIEVE THAT 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. BRIDGE AND AFFILIATES' FEDERAL AND STATE INCOME TAX RETURNS FOR THE YEARS 2008 THROUGH 2011 ARE SUBJECT TO EXAMINATION BY THE REGULATORY AGENCIES, GENERALLY FOR THREE YEARS AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.
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IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0THE CORPORATE CONTROLLER AND CFO CONDUCT A DETAILED REVIEW OF THE RETURN BEFORE IT IS FILED. DETAILED REVIEW INCLUDES AGREEING NUMBERS TO AUDIT REPORT, REASONABLENESS TESTS ON DATA, AND REVIEWING SALARY INFORMATION. EACH MEMBER OF THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, UPON REQUEST, CAN REVIEW THE FORM 990 AND SUBMIT COMMENTS BEFORE IT IS FILED.
IRS990ScheduleO/GeneralExplanation/Explanation1ANY DIRECTOR OR OFFICER WHO HAS A FINANCIAL INTEREST, DIRECTLY OR INDIRECTLY, MUST DISCLOSE IT BEFORE A CONSIDERATION OR VOTE OF THE TRANSACTION IS MADE BY THE BOARD OF DIRECTORS. THE REMAINING BOARD WILL THEN DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THE INTERESTED DIRECTOR OR OFFICER MAY MAKE AN INFORMATIONAL PRESENTATION TO THE BOARD IN CONNECTION WITH THE TRANSACTION, BUT MAY NOT BE PRESENT DURING THE DISCUSSION OR THE VOTE. THE BOARD MINUTES REFLECT THE ABOVE-DESCRIBED DISCUSSIONS. EACH YEAR THE DIRECTORS AND OFFICERS SIGN A STATEMENT TO DENOTE IF CONFLICTS EXISTED DURING THE YEAR AND IF SO, DISCLOSING THE NATURE OF THE CONFLICT. THE ORANIZATION ALSO DOES PERIODIC REVIEWS TO ENSURE COMPENSATION IS REASONABLE AND GOODS AND SERVICES ARE RECEIVED AT ARMS-LENGTH AND CONFORM WITH INTERNAL POLICIES.
IRS990ScheduleO/GeneralExplanation/Explanation2PROPOSED COMPENSATION IS PRESENTED TO THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF BRIDGE HOUSING CORPORATION. THE PROPOSAL INCLUDES COMPARABLE DATA FROM INDEPENDENT SOURCES. THE COMMITTEE THEN APPROVES OR DISCUSSES ALTERNATIVES TO THE PROPOSAL.
IRS990ScheduleO/GeneralExplanation/Explanation3DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/Explanation4NO CHANGES FROM LAST YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation5DURING THE TAX YEAR, THE ORGANIZATION DID NOT ENCOUNTER ANY SITUATIONS THAT WOULD REQUIRE BACKUP WITHHOLDING.
IRS990ScheduleO/GeneralExplanation/Explanation6THE ORGANIZATION AND AFFILIATED ENTITIES WERE INCLUDED IN A COMBINED FINANCIAL STATEMENT IN ACCORDANCE WITH STATEMENT OF POSITION 94-3. THE COMBINED FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION DID NOT RECEIVE A SEPARATE AUDITED FINANCIAL STATEMENT.
IRS990ScheduleO/GeneralExplanation/Identifier0NO CURRENT CHANGES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/GeneralExplanation/ReturnReference4FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/GeneralExplanation/ReturnReference5FORM 990, PART V, LINE 1C:
IRS990ScheduleO/GeneralExplanation/ReturnReference6FORM 990, PART IV, LINE 12 AND PART XI, LINE 2B
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City0SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City1SAN FRANCISCO
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City3SAN FRANCISCO
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City6SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City7SAN FRANCISCO
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City10SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City11SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City12SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City13SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City14SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City15SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City16SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City17SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City18SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City19SAN FRANCISCO
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IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City21SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City22SAN FRANCISCO
IRS990ScheduleR/Form990ScheduleRPartI/AddressUS/City23SAN FRANCISCO

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.59$0.15$4.44$0.15$0.15$0.00
2023Detailed filing. Detailed filing data is available for this year.$4.59$0.15$4.44$0.17$0.18$0.01
2022Detailed filing. Detailed filing data is available for this year.$4.61$0.15$4.46$0.17$0.19$0.02
2021Detailed filing. Detailed filing data is available for this year.$4.63$0.15$4.48$0.17$0.19$0.02
2020Detailed filing. Detailed filing data is available for this year.$4.65$0.15$4.50$3.27$0.17$3.10
2019Detailed filing. Detailed filing data is available for this year.$1.54$0.15$1.39$0.17$0.18$0.02
2018Detailed filing. Detailed filing data is available for this year.$1.56$0.15$1.41$0.15$0.17$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.58$0.15$1.43$0.17$0.18$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.60$0.15$1.45$0.18$0.19$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.62$0.17$1.45$4.10$0.17$3.94
2014Detailed filing. Detailed filing data is available for this year.$0.15$2.63$2.48$0.17$4.18$4.01
2013Detailed filing. Detailed filing data is available for this year.$1.68$0.15$1.53$0.17$0.18$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.15$1.54$0.18
2011Summary only. Only limited summary data is available for this year.$1.71$0.15$1.56$0.17$0.18$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.15$1.58$3.00