Support Special Needs Affordable Housing

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
1 of 5
filings with a surplus
Average deficit $11K a year · 5% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
12 mo
of spending, in cash
Looks good: 11.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.8M
132% of total assets
Concern: liabilities are 132% 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
$191K
Spent
$239K
To programs
87%
Net assets
−$692K
By yearFY2020–FY2024
Revenue
$191K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$191K
FY2021$196K
FY2022$409K
FY2023$212K
FY2024$198K
Expenses
$239K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$239K
FY2021$247K
FY2022$253K
FY2023$249K
FY2024$275K
Net assets
−$692K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$692K
FY2021−$742K
FY2022−$586K
FY2023−$625K
FY2024−$701K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 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 Apr 1996.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $208K Management & general 13% · $31K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See Tachs Property Development 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

Develops affordable housing options for individuals with special needs.

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1 program · $208K · in their own filed words · FY2020
01

In 2020, TACHS Property Development continued to operate the 19-Unit HUD Section 811 very low income, affordable housing property known as the Reese Village Apartments, located in the city of San Diego.

$208Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$191K
Ln 12
Gifts and grantsLn 1h$129K
Fees for servicesLn 2g$62K
Investment incomeLn 3$182
Money outPt IX
$239K
Ln 25
Programscol B$208K
Managementcol C$31K
Owns and owesPt X
−$692K
net assets · Ln 32
Cash and savingsLn 1–2$237K
Total assetsLn 16$2.1M
LiabilitiesLn 26$2.8M
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$129K
Government grantsLn 1e$129K
Fees for servicesLn 2g$62K
Investment incomeLn 3$182
Total revenueLn 12$191K
Assets in detailPt X, end of year
CashLn 1$20K
SavingsLn 2$218K
Cash and savings togetherLn 1–2$237K
Land, buildings, equipmentLn 10c$1.9M
Total assetsLn 16$2.1M
LiabilitiesLn 26$2.8M
Net assetsLn 32−$692K
OperationsPt I, VI
EmployeesI 52
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 FY20End FY20
Cash and savingsLn 1–2$194K$237K
Land, buildings, equipmentLn 10c$2.0M$1.9M
Total assetsLn 16$2.2M$2.1M
LiabilitiesLn 26$2.8M$2.8M
Net assetsLn 32−$643K−$692K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$50K$50K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$6K$6K
Payroll taxesLn 10$4K$4K
Management feesLn 11a$15K$15K
Legal feesLn 11b$0
Accounting feesLn 11c$15K$9K$6K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$930$715$215
Advertising and promotionLn 12$0
Office expensesLn 13$404$206$198
Information technologyLn 14$502$172$330
RoyaltiesLn 15$0
OccupancyLn 16$56K$56K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$8K$8K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$76K$76K
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$50$50
All other expensesLn 24e$0
Total functional expensesLn 25$239K$208K$31K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $198K$275K−$76K−$701K 990 PDF
FY2023 $212K$249K−$37K−$625K 990 PDF
FY2022 $409K$253K$156K−$586K 990 PDF
FY2021 $196K$247K−$50K−$742K 990 PDF
FY2020 Viewing $191K$239K−$48K−$692K 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 FY2020 990 (6 parts)
Part I · Summary $191,073 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $119,789$128,853
I-9 Program service revenuePrior year $51,997$62,038
I-10 Investment incomePrior year $510$182
I-11 Other revenue$0
I-12 Total revenuePrior year $172,296$191,073
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $48,946$59,633
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $188,635$179,812
I-18 Total expensesPrior year $237,581$239,445
I-19 Revenue less expensesPrior year −$65,285−$48,372
Part VI · Governance 7 of 7 board members independent, no flags
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $191,073 across 6 lines filed
VIII-1e Government grants$128,804
VIII-1f All other contributions, gifts and grants$49
VIII-1h Total contributions, gifts and grants$128,853
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$62,038
VIII-3 Investment incomeExcluded from tax $182$182
VIII-12 Total revenueExcluded from tax $182$191,073
Part IX · Statement of functional expenses $239,445 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $49,829$49,829
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $5,595$5,595
IX-10 Payroll taxesPrograms $4,209$4,209
IX-11a Management feesManagement $15,276$15,276
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $8,891 · Management $6,500$15,391
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $715 · Management $215$930
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $206 · Management $198$404
IX-14 Information technologyPrograms $172 · Management $330$502
IX-15 Royalties$0
IX-16 OccupancyPrograms $56,478$56,478
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestManagement $8,400$8,400
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $75,506$75,506
IX-23 InsurancePrograms $6,875$6,875
IX-24 Other expenses (24a–d)Management $50$50
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $208,476 · Management $30,969 · Fundraising $0$239,445
Part X · Balance sheet $2,130,826 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $602$19,689
X-2 Savings and temporary cash investmentsStart of year $193,394$217,567
X-10c Land, buildings and equipment, netStart of year $1,969,077$1,893,570
X-16 Total assetsStart of year $2,163,073$2,130,826
X-17 Accounts payable and accrued expensesStart of year $190,456$210,590
X-25 Other liabilitiesStart of year $2,616,109$2,612,100
X-26 Total liabilitiesStart of year $2,806,565$2,822,690
X-27 Net assets without donor restrictionsStart of year −$643,492−$691,864
X-32 Total net assets or fund balancesStart of year −$643,492−$691,864
X-33 Total liabilities and net assetsStart of year $2,163,073$2,130,826
Part XI · Reconciliation of net assets −$691,864 net assets at year end
XI-1 Total revenue$191,073
XI-2 Total expenses$239,445
XI-3 Revenue less expenses−$48,372
XI-4 Net assets at start of year−$643,492
XI-10 Net assets at end of year−$691,864

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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