Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2000.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
95 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. 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; $38K paid to officers and key staff.
Craig Sl Shields’s $41K as Ex.dir./Sec. is at the 31st 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2021 | FY2020 |
|---|---|---|---|---|
| Craig Sl Shields | $41,400 | $41,400 | $38,500 | $27,500 |
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
Offers housing, jobs, and help to people with low incomes.
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Acquired donated apartment units and real estate, to be used to provide housing to low-income persons.
Education. The organization received a grant from the U.S. Department of education, the terms of which allow the organization to in turn grant some of the funds received to educational institutions.
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $172K | $396K |
| Land, buildings, equipmentLn 10c | $2.7M | $2.6M |
| Total assetsLn 16 | $4.9M | $4.9M |
| LiabilitiesLn 26 | $873K | $1.1M |
| Net assetsLn 32 | $4.0M | $3.9M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $123K | $123K | ||
| Payroll taxesLn 10 | $11K | $11K | ||
| Legal feesLn 11b | $8K | $8K | ||
| Accounting feesLn 11c | $7K | $7K | ||
| Office expensesLn 13 | $958 | $533 | $425 | |
| OccupancyLn 16 | $162K | $162K | ||
| TravelLn 17 | $3K | $3K | ||
| InterestLn 20 | $37K | $37K | ||
| Depreciation, depletion and amortizationLn 22 | $135K | $135K | ||
| Other expenses (24a–d)Ln 24 | $67K | $47K | $20K | |
| All other expensesLn 24e | $21K | $21K | $225 | |
| Total functional expensesLn 25 | $575K | $547K | $28K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $579K | $677K | −$98K | $3.8M | 990 PDF |
| FY2023 | $673K | $716K | −$43K | $3.9M | 990 PDF |
| FY2022 | $419K | $666K | −$248K | $3.7M | 990 PDF |
| FY2021 Viewing | $467K | $575K | −$108K | $3.9M | 990 PDF |
| FY2020 | $445K | $700K | −$255K | $4.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $467,214 across 5 lines filed
Part IX · Statement of functional expenses $574,818 across 11 lines filed
Part X · Balance sheet $4,949,550 assets, 8 lines filed
Part XI · Reconciliation of net assets $3,898,543 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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