To provide affordable Housing to qualified senior citizens and disabled individuals.

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
$39K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $16K a year · 8% of revenue · last 2 filings
Looks good: a surplus in 2 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$39K
to officers and key staff · 20% of spending
Fine: pay to officers and key staff is 20% of spending; 15% to 20%.
Pt VII · Sec A
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$90K
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$206K
-2% vs prior year
Spent
$200K
To programs
71%
Net assets
$212K
By yearFY2020–FY2025
Revenue
$206K
FY2025▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$180K
FY2021$170K
FY2022$188K
FY2023$188K
FY2024$210K
FY2025$206K
Expenses
$200K
FY2025▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022Not on file
FY2023Not on file
FY2024$185K
FY2025$200K
Net assets
$212K
FY2025▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020$98K
FY2021$113K
FY2022$154K
FY2023$181K
FY2024$206K
FY2025$212K

From the FY2025 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1977.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $142K Management & general 29% · $58K

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

8 people listed on the 990; $39K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$35,000Pt VII · Sec A
Secretary
$4,225Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Joan Ross’s $35K as President is at the 26th 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

NameFY2025FY2024FY2022FY2021FY2020
Joan Ross$35,000$30,833$25,000$23,667$21,000
Eric Ross$4,225$3,350———

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 affordable housing for seniors and disabled individuals.

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Provided by the organization

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1 program · $142K · in their own filed words · FY2025
01

To provide affordable housing to qualified senior citizens and disabled individuals.

$142Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$206K
Ln 12
Fees for servicesLn 2g$128K
Gifts and grantsLn 1h$60K
Investment incomeLn 3$15K
Money outPt IX
$200K
Ln 25
Programscol B$142K
Managementcol C$58K
Owns and owesPt X
$212K
net assets · Ln 32
Cash and savingsLn 1–2$125K
Total assetsLn 16$302K
LiabilitiesLn 26$90K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$60K
Government grantsLn 1e$60K
Fees for servicesLn 2g$128K
Investment incomeLn 3$15K
Other incomeLn 4–11$2K
Total revenueLn 12$206K
Assets in detailPt X, end of year
CashLn 1$105K
SavingsLn 2$20K
Cash and savings togetherLn 1–2$125K
Land, buildings, equipmentLn 10c$163K
Total assetsLn 16$302K
LiabilitiesLn 26$90K
Net assetsLn 32$212K
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$125K$125K
Land, buildings, equipmentLn 10c$186K$163K
Total assetsLn 16$326K$302K
LiabilitiesLn 26$121K$90K
Net assetsLn 32$206K$212K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$35K$35K
Other salaries and wagesLn 7$21K$8K$13K
Payroll taxesLn 10$4K$2K$2K
Accounting feesLn 11c$5K$5K
Advertising and promotionLn 12$73$73
Office expensesLn 13$3K$1K$2K
OccupancyLn 16$86K$86K
Conferences, conventions and meetingsLn 19$2K$2K
Depreciation, depletion and amortizationLn 22$23K$23K
InsuranceLn 23$20K$19K$1K
Other expenses (24a–d)Ln 24$1K$1K
Total functional expensesLn 25$200K$142K$58K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $206K$200K$6K$212K 990 PDF
FY2024 $210K$185K$25K$206K 990 PDF
FY2023 $188K$181K 990 PDF
FY2022 $188K$154K 990 PDF
FY2021 $170K$113K 990 PDF
FY2020 $180K$98K 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 FY2025 990 (6 parts)
Part I · Summary $205,845 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $65,483$59,919
I-9 Program service revenuePrior year $136,038$128,404
I-10 Investment incomePrior year $1,132$15,292
I-11 Other revenuePrior year $7,249$2,230
I-12 Total revenuePrior year $209,902$205,845
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 $51,295$59,877
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $133,624$139,700
I-18 Total expensesPrior year $184,919$199,577
I-19 Revenue less expensesPrior year $24,983$6,268
Part VI · Governance 8 of 8 board members independent, 2 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $205,845 across 6 lines filed
VIII-1e Government grants$59,919
VIII-1h Total contributions, gifts and grants$59,919
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $128,404$128,404
VIII-3 Investment incomeExcluded from tax $15,292$15,292
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,230$2,230
VIII-12 Total revenueRelated to mission $130,634 · Unrelated business $0 · Excluded from tax $15,292$205,845
Part IX · Statement of functional expenses $199,577 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $35,000$35,000
IX-7 Other salaries and wagesPrograms $7,747 · Management $13,191$20,938
IX-10 Payroll taxesPrograms $2,088 · Management $1,851$3,939
IX-11c Accounting feesManagement $4,587$4,587
IX-12 Advertising and promotionManagement $73$73
IX-13 Office expensesPrograms $1,243 · Management $1,977$3,220
IX-16 OccupancyPrograms $86,155$86,155
IX-19 Conferences, conventions and meetingsPrograms $1,549$1,549
IX-22 Depreciation, depletion and amortizationPrograms $23,070$23,070
IX-23 InsurancePrograms $18,641 · Management $1,110$19,751
IX-24 Other expenses (24a–d)Programs $1,295$1,295
IX-25 Total functional expensesPrograms $141,788 · Management $57,789 · Fundraising $0$199,577
Part X · Balance sheet $301,771 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $125,477$104,577
X-2 Savings and temporary cash investments$19,960
X-4 Accounts receivableStart of year $685$66
X-9 Prepaid expenses and deferred chargesStart of year $14,484$14,484
X-10c Land, buildings and equipment, netStart of year $185,753$162,684
X-16 Total assetsStart of year $326,399$301,771
X-17 Accounts payable and accrued expensesStart of year $1,034$893
X-19 Deferred revenueStart of year $484$864
X-25 Other liabilitiesStart of year $14,880$16,440
X-26 Total liabilitiesStart of year $120,660$89,763
X-27 Net assets without donor restrictionsStart of year $205,739$212,008
X-32 Total net assets or fund balancesStart of year $205,739$212,008
X-33 Total liabilities and net assetsStart of year $326,399$301,771
Part XI · Reconciliation of net assets $212,008 net assets at year end
XI-1 Total revenue$205,845
XI-2 Total expenses$199,577
XI-3 Revenue less expenses$6,268
XI-4 Net assets at start of year$205,739
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$212,008

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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