Development and management of affordable housing for very low-income adults disabled by psychiatric or development disabilities.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · 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 $21K a year · 37% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
126% of total assets
Concern: liabilities are 126% of assets; over 80%.
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
$58K
+3% vs prior year
Spent
$75K
To programs
80%
Net assets
−$245K
By yearFY2020–FY2024
Revenue
$58K
FY2023▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$54K
FY2021$59K
FY2022$57K
FY2023$58K
FY2024$61K
Expenses
$75K
FY2023▼ -24%
Tap a bar for its year
Expenses by fiscal year
FY2020$70K
FY2021$78K
FY2022$98K
FY2023$75K
FY2024$74K
Net assets
−$245K
FY2023▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2020−$169K
FY2021−$188K
FY2022−$229K
FY2023−$245K
FY2024−$258K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 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 May 2009.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $59K Management & general 20% · $15K

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

10 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member Until 6/23
$0Pt VII · Sec A
Board Member Until 7/23
$0Pt VII · Sec A
Board Member Until 7/23
$0Pt VII · Sec A
See B B Homes 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 15aNo

Programs and updates

Develops and manages affordable housing for adults with psychiatric or developmental disabilities.

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Provided by the organization

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1 program · $59K · in their own filed words · FY2023
01

The organization owns and operates 6 assisted housing units for mentally challenged and developmentally disabled persons.

$59Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$58K
Ln 12
Fees for servicesLn 2g$58K
Investment incomeLn 3$186
Money outPt IX
$75K
Ln 25
Programscol B$59K
Managementcol C$15K
Owns and owesPt X
−$245K
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$934K
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$58K
Investment incomeLn 3$186
Total revenueLn 12$58K
Assets in detailPt X, end of year
CashLn 1$8K
Cash and savings togetherLn 1–2$8K
Land, buildings, equipmentLn 10c$892K
Other assetsLn 15$32K
Total assetsLn 16$934K
LiabilitiesLn 26$1.2M
Net assetsLn 32−$245K
OperationsPt I, VI
EmployeesI 50
VolunteersI 68
Fiscal year endsHeaderDecember
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 FY23End FY23
Cash and savingsLn 1–2$5K$8K
Land, buildings, equipmentLn 10c$915K$892K
Total assetsLn 16$961K$934K
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32−$229K−$245K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$4K$4K
Other employee benefitsLn 9$355$355
Payroll taxesLn 10$760$760
Management feesLn 11a$6K$6K
Legal feesLn 11b$7$7
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$3K$3K
Office expensesLn 13$4K$4K
OccupancyLn 16$22K$22K
InterestLn 20$55$55
Depreciation, depletion and amortizationLn 22$23K$23K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$75K$59K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $61K$74K−$13K−$258K 990 PDF
FY2023 Viewing $58K$75K−$16K−$245K 990 PDF
FY2022 $57K$98K−$41K−$229K 990 PDF
FY2021 $59K$78K−$19K−$188K 990 PDF
FY2020 $54K$70K−$16K−$169K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $58,434 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $56,952$58,248
I-10 Investment incomePrior year $47$186
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $56,999$58,434
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,037$5,609
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $89,911$68,945
I-18 Total expensesPrior year $97,948$74,554
I-19 Revenue less expensesPrior year −$40,949−$16,120
Part VI · Governance 7 of 7 board members independent, 1 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $58,434 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $58,248$58,248
VIII-3 Investment incomeExcluded from tax $186$186
VIII-12 Total revenueRelated to mission $58,248 · Unrelated business $0 · Excluded from tax $186$58,434
Part IX · Statement of functional expenses $74,554 across 12 lines filed
IX-7 Other salaries and wagesPrograms $4,494$4,494
IX-9 Other employee benefitsPrograms $355$355
IX-10 Payroll taxesPrograms $760$760
IX-11a Management feesManagement $5,552$5,552
IX-11b Legal feesPrograms $7$7
IX-11c Accounting feesManagement $9,564$9,564
IX-11g Other fees for servicesPrograms $3,192$3,192
IX-13 Office expensesPrograms $3,584$3,584
IX-16 OccupancyPrograms $22,329$22,329
IX-20 InterestPrograms $55$55
IX-22 Depreciation, depletion and amortizationPrograms $23,490$23,490
IX-24 Other expenses (24a–d)Programs $1,172$1,172
IX-25 Total functional expensesPrograms $59,438 · Management $15,116 · Fundraising $0$74,554
Part X · Balance sheet $933,539 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $4,748$7,910
X-9 Prepaid expenses and deferred chargesStart of year $2,909$1,842
X-10c Land, buildings and equipment, netStart of year $915,001$891,511
X-15 Other assetsStart of year $38,159$32,276
X-16 Total assetsStart of year $960,817$933,539
X-17 Accounts payable and accrued expensesStart of year $7,595$6,476
X-19 Deferred revenueStart of year $2,421$2,577
X-25 Other liabilitiesStart of year $10,250$0
X-26 Total liabilitiesStart of year $1,189,905$1,178,747
X-27 Net assets without donor restrictionsStart of year −$229,088−$245,208
X-32 Total net assets or fund balancesStart of year −$229,088−$245,208
X-33 Total liabilities and net assetsStart of year $960,817$933,539
Part XI · Reconciliation of net assets −$245,208 net assets at year end
XI-1 Total revenue$58,434
XI-2 Total expenses$74,554
XI-3 Revenue less expenses−$16,120
XI-4 Net assets at start of year−$229,088
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$245,208

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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