Caap Housing INC: FY2023 Nonprofit Profile & Form 990 (EIN 31-1209468)

Terrence White’s $146K as Officer is at the 95th 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	FY2022
Terrence White	$146,486	$127,741

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.

See Caap Housing INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

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

Provides affordable housing for low-income individuals and families.

Questions for Caap Housing INC

Tap to ask. Caap Housing INC sees how many people are interested.

Your first name shows with your question. Caap Housing INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $439K · in their own filed words · FY2023

01

Operation of residential facility for elderly and handicapped individuals.

$439Kprogram expense

By the numbers

The FY2023 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$449K

Ln 12

Fees for servicesLn 2g$401K

Other incomeLn 4–11$48K

Investment incomeLn 3$293

Money outPt IX

$485K

Ln 25

Programscol B$439K

Managementcol C$45K

Owns and owesPt X

−$1.3M

net assets · Ln 32

Cash and savingsLn 1–2$200K

Total assetsLn 16$626K

LiabilitiesLn 26$1.9M

PeoplePt VI, VII

16

listed · VII A

PaidVII A0

Voting boardVI 1a16

IndependentVI 1b16

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$401K

Investment incomeLn 3$293

Other incomeLn 4–11$48K

Total revenueLn 12$449K

Assets in detailPt X, end of year

CashLn 1$22K

SavingsLn 2$178K

Cash and savings togetherLn 1–2$200K

Land, buildings, equipmentLn 10c$378K

Total assetsLn 16$626K

LiabilitiesLn 26$1.9M

Net assetsLn 32−$1.3M

OperationsPt I, VI

EmployeesI 50

VolunteersI 630

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

Line	Start FY23	End FY23
Cash and savingsLn 1–2	$173K	$200K
Land, buildings, equipmentLn 10c	$428K	$378K
Total assetsLn 16	$648K	$626K
LiabilitiesLn 26	$1.9M	$1.9M
Net assetsLn 32	−$1.2M	−$1.3M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Other salaries and wagesLn 7	$53K	$53K
Other employee benefitsLn 9	$535	$535
Payroll taxesLn 10	$4K	$4K
Management feesLn 11a	$20K		$20K
Accounting feesLn 11c	$13K		$13K
Office expensesLn 13	$13K		$13K
OccupancyLn 16	$91K	$91K
InterestLn 20	$58K	$58K
Depreciation, depletion and amortizationLn 22	$49K	$49K
InsuranceLn 23	$42K	$42K
Other expenses (24a–d)Ln 24	$114K	$114K
All other expensesLn 24e	$28K	$28K
Total functional expensesLn 25	$485K	$439K	$45K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2024 Latest	$480K	$712K	−$232K	−$1.5M	990 PDF
FY2023 Viewing	$449K	$485K	−$36K	−$1.3M	990 PDF
FY2022	$409K	$465K	−$56K	−$1.2M	990 PDF
FY2021	$452K	$446K	$6K	−$1.2M	990 PDF
FY2020	$455K	$444K	$11K	−$1.2M	990 PDF

More to add? Claim this org

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 $449,107 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $404,383$401,003

I-10 Investment incomePrior year $76$293

I-11 Other revenuePrior year $4,948$47,811

I-12 Total revenuePrior year $409,407$449,107

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 $56,290$57,009

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $409,026$427,831

I-18 Total expensesPrior year $465,316$484,840

I-19 Revenue less expensesPrior year −$55,909−$35,733

Part VI · Governance 16 of 16 board members independent, 1 to look at

VI-1a Voting members of the governing body16

VI-1b Independent voting members16

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 $449,107 across 4 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $401,003$401,003

VIII-3 Investment incomeExcluded from tax $293$293

VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $47,811$47,811

VIII-12 Total revenueRelated to mission $448,814 · Unrelated business $0 · Excluded from tax $293$449,107

Part IX · Statement of functional expenses $484,840 across 12 lines filed

IX-7 Other salaries and wagesPrograms $52,583$52,583

IX-9 Other employee benefitsPrograms $535$535

IX-10 Payroll taxesPrograms $3,891$3,891

IX-11a Management feesManagement $20,122$20,122

IX-11c Accounting feesManagement $12,655$12,655

IX-13 Office expensesManagement $12,645$12,645

IX-16 OccupancyPrograms $91,343$91,343

IX-20 InterestPrograms $57,690$57,690

IX-22 Depreciation, depletion and amortizationPrograms $49,249$49,249

IX-23 InsurancePrograms $41,916$41,916

IX-24 Other expenses (24a–d)Programs $114,182$114,182

IX-24e All other expensesPrograms $28,029$28,029

IX-25 Total functional expensesPrograms $439,418 · Management $45,422 · Fundraising $0$484,840

Part X · Balance sheet $625,875 assets, 14 lines filed

X-1 Cash, non-interest-bearingStart of year $2,376$21,813

X-2 Savings and temporary cash investmentsStart of year $170,923$177,902

X-4 Accounts receivableStart of year $1,554$1,410

X-9 Prepaid expenses and deferred chargesStart of year $3,017$6,012

X-10c Land, buildings and equipment, netStart of year $427,503$378,255

X-14 Intangible assetsStart of year $42,147$40,483

X-16 Total assetsStart of year $647,520$625,875

X-17 Accounts payable and accrued expensesStart of year $60,882$105,146

X-19 Deferred revenueStart of year $1,933$1,240

X-25 Other liabilitiesStart of year $33,728$51,221

X-26 Total liabilitiesStart of year $1,896,565$1,910,653

X-27 Net assets without donor restrictionsStart of year −$1,249,045−$1,284,778

X-32 Total net assets or fund balancesStart of year −$1,249,045−$1,284,778

X-33 Total liabilities and net assetsStart of year $647,520$625,875

Part XI · Reconciliation of net assets −$1,284,778 net assets at year end

XI-1 Total revenue$449,107

XI-2 Total expenses$484,840

XI-3 Revenue less expenses−$35,733

XI-4 Net assets at start of year−$1,249,045

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year−$1,284,778

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

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Caap Housing INC FY2023 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid