Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1997.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990; $17K paid to officers and key staff.
Jonathan Capeci’s $17K as Executive Di is at the 13th percentile of top reported officer pay among 851 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Steve Kambic | — | — | — | $9,540 | $18,767 | $17,215 |
| Jonathan Capeci | $17,356 | $18,480 | $18,000 | $10,661 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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
Provides housing for low-income elderly individuals.
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Providing housing to elderly persons of low income.
By the numbers
The FY2025 990, line by line.
Download 990
| Line | Start FY25 | End FY25 |
|---|---|---|
| Cash and savingsLn 1–2 | $40K | $46K |
| Land, buildings, equipmentLn 10c | $2.9M | $2.8M |
| Total assetsLn 16 | $3.3M | $3.2M |
| LiabilitiesLn 26 | $115K | $134K |
| Net assetsLn 32 | $3.2M | $3.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $179K | $179K | ||
| Pension plan contributionsLn 8 | $4K | $4K | ||
| Other employee benefitsLn 9 | $26K | $26K | ||
| Payroll taxesLn 10 | $15K | $15K | ||
| Management feesLn 11a | $43K | $43K | ||
| Accounting feesLn 11c | $19K | $19K | ||
| Office expensesLn 13 | $2K | $2K | ||
| Information technologyLn 14 | $10K | $10K | ||
| Depreciation, depletion and amortizationLn 22 | $180K | $180K | ||
| InsuranceLn 23 | $49K | $49K | ||
| Other expenses (24a–d)Ln 24 | $291K | $291K | ||
| All other expensesLn 24e | $6K | $6K | ||
| Total functional expensesLn 25 | $826K | $826K | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest Viewing | $750K | $826K | −$76K | $3.1M | 990 PDF |
| FY2024 | $703K | $794K | −$91K | $3.2M | 990 PDF |
| FY2023 | $690K | $730K | −$40K | $3.3M | 990 PDF |
| FY2022 | $656K | $707K | −$51K | $3.3M | 990 PDF |
| FY2021 | $651K | $672K | −$21K | $3.4M | 990 PDF |
| FY2020 | $641K | $644K | −$3K | $3.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2025 990 (6 parts)
Part I · Summary $749,719 revenue, 12 lines filed
Part VI · Governance 5 of 5 board members independent, no flags
Part VIII · Statement of revenue $749,719 across 3 lines filed
Part IX · Statement of functional expenses $825,808 across 12 lines filed
Part X · Balance sheet $3,242,895 assets, 14 lines filed
Part XI · Reconciliation of net assets $3,108,866 net assets at year end
Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File
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