Phc 811 INC FY2021 filing

Tax-deductible

Portland, OR501(c)(3)Since 2003HousingEIN 20-0104681

Phc 811, INC.'s purpose is to provide disabled persons with housing facilities and services specifically designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $42K a year · 32% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$19K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$128K
-0.7% vs prior year
Spent
$152K
To programs
86%
Net assets
$1.1M
By yearFY2020–FY2024
Revenue
$128K
FY2021▼ -0.7%
Revenue by fiscal year
FY2020$129K
FY2021$128K
FY2022$127K
FY2023$127K
FY2024$137K
FY2024$165K
Expenses
$152K
FY2021▲ +7%
Expenses by fiscal year
FY2020$143K
FY2021$152K
FY2022$168K
FY2023$170K
FY2024$222K
FY2024$207K
Net assets
$1.1M
FY2021▼ -2%
Net assets by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$1.1M
FY2023$1.0M
FY2024$932K
FY2024$891K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $131K Management & general 14% · $21K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

20 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Phc 811 INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers housing to low-income people with disabilities for independent living.

Provided by the organization

This section is blank until Phc 811 INC claims this page.

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1 program service account for $131K of program spending, described in the organization's own filed words · FY2020.
01

The organization has acquired and developed halsey terrace, a 16-UNIT project located in portland, oregon. The organization operates halsey terrace under the provisions of section 811 of the national housing act and received a capital advance from the federal housing administration of the department of housing and urban development…

$131Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$128K
Ln 12
Gifts and grantsLn 1h$69K
Fees for servicesLn 2g$58K
Investment incomeLn 3$29
Money outPt IX
$152K
Ln 25
Programscol B$131K
Managementcol C$21K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$14K
Total assetsLn 16$1.1M
LiabilitiesLn 26$19K
PeoplePt VI, VII
20
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$69K
Government grantsLn 1e$69K
Fees for servicesLn 2g$58K
Investment incomeLn 3$29
Total revenueLn 12$128K
Assets in detailPt X, end of year
CashLn 1$14K
Cash and savings togetherLn 1–2$14K
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$76K
Total assetsLn 16$1.1M
LiabilitiesLn 26$19K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$16K$14K
Land, buildings, equipmentLn 10c$1.1M$1.0M
Total assetsLn 16$1.1M$1.1M
LiabilitiesLn 26$18K$19K
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$12K$12K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$7K$7K
Other fees for servicesLn 11g$37K$37K
Office expensesLn 13$672$672
Information technologyLn 14$2K$2K
OccupancyLn 16$49K$49K
Depreciation, depletion and amortizationLn 22$37K$37K
Other expenses (24a–d)Ln 24$7K$7K$401$0
Total functional expensesLn 25$152K$131K$21K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $137K$222K−$85K$932K 990 PDF
FY2023 $127K$170K−$43K$1.0M 990 PDF
FY2022 $127K$168K−$41K$1.1M 990 PDF
FY2021 Viewing $128K$152K−$24K$1.1M 990 PDF
FY2020 $129K$143K−$14K$1.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $127,549 across 5 lines filed
VIII-1e Government grants$69,472
VIII-1h Total contributions, gifts and grants$69,472
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $58,048$58,048
VIII-3 Investment incomeExcluded from tax $29$29
VIII-12 Total revenueRelated to mission $58,048 · Unrelated business $0 · Excluded from tax $29$127,549
Part IX · Statement of functional expenses $151,902 across 9 lines filed
IX-11a Management feesManagement $11,977$11,977
IX-11b Legal feesPrograms $1,246$1,246
IX-11c Accounting feesManagement $6,800$6,800
IX-11g Other fees for servicesPrograms $36,568$36,568
IX-13 Office expensesPrograms $672$672
IX-14 Information technologyManagement $1,735$1,735
IX-16 OccupancyPrograms $48,859$48,859
IX-22 Depreciation, depletion and amortizationPrograms $36,816$36,816
IX-24 Other expenses (24a–d)Programs $6,828 · Management $401 · Fundraising $0$7,229
IX-25 Total functional expensesPrograms $130,989 · Management $20,913 · Fundraising $0$151,902
Part X · Balance sheet $1,120,632 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $15,830$14,369
X-4 Accounts receivableStart of year $674$2
X-9 Prepaid expenses and deferred chargesStart of year $1,870$2,079
X-10c Land, buildings and equipment, netStart of year $1,058,246$1,028,229
X-15 Other assetsStart of year $66,520$75,953
X-16 Total assetsStart of year $1,143,140$1,120,632
X-17 Accounts payable and accrued expensesStart of year $13,705$15,886
X-19 Deferred revenueStart of year $1,046$655
X-25 Other liabilitiesStart of year $2,836$2,891
X-26 Total liabilitiesStart of year $17,587$19,432
X-27 Net assets without donor restrictionsStart of year −$442,347−$466,700
X-28 Net assets with donor restrictionsStart of year $1,567,900$1,567,900
X-32 Total net assets or fund balancesStart of year $1,125,553$1,101,200
X-33 Total liabilities and net assetsStart of year $1,143,140$1,120,632
Part XI · Reconciliation of net assets $1,101,200 net assets at year end
XI-1 Total revenue$127,549
XI-2 Total expenses$151,902
XI-3 Revenue less expenses−$24,353
XI-4 Net assets at start of year$1,125,553
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$1,101,200

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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