Save Residential INC EIN 43-1815326 Form 990 (PDF) Claim this org

Save Residential INC

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Provides affordable housing for individuals with HIV and other qualifying needs. For fiscal year 2024 it reported $74K in revenue, $93K in expenses, and $-221K in net assets.Pt I

Founded
1997
Type
Public charity (501(c)(3)) · Housing
Location
Kansas City, MO
Website
www.saveinc.org
Filings
5 on file (2020–2024)
Revenue
$74KFY2024
Expenses
$93K
Net assets
$-221K
People
15
Filings
5
Updates
0
More identity details & actions ⌄
EIN  43-1815326 Public charity (501(c)(3)) Kansas City, MO Founded 1997
Form 990 (PDF)
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Size
<$100K
What they do
Provides affordable housing for individuals with HIV and other qualifying needs.
Leadership
Patrick McLaughlin · Executive Director · $98K
Money in and out
$74K revenue, $93K expenses
Bottom line
69% program efficiency
Where the money goes · FY2024
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$93K
Pt IX · Ln 25
Net assets
$-221K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Where spending went · Part IX cols B–D
Program services $0.69 Management & general $0.31
Program efficiency
69%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
1.8mo
months of highly liquid reserves at operating expense rate
Surplus margin
-25%
revenue over expenses, this year▲ +49% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$74K
FY2024▲ +9%
Expenses
$93K
FY2024▼ -8%
Total assets
$406K
FY2024▼ -1%
Total liabilities
$627K
FY2024▲ +2%
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$93K
Pt IX · Ln 25
Net assets
$-221K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$406K
Program-expense ratioPt IX · col B69%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $64K of program spending, described in the organization's own filed words · FY2024.
01

Provide permanent housing to 9 low-income disabled indiduals and families.

$64Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSave Residential INC
EINHdr · item D43-1815326
Principal addressHdr · item CKansas City, MO
WebsiteHdr · item Jwww.saveinc.org
Year of formationHdr · item L1997
State of legal domicileHdr · item MMO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L21)
Ruling yearIRS BMFJun 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$98,006Pt VII · Sec A
President
$0Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Patrick McLaughlin’s $98K as Executive Director is at the 85th percentile of top reported officer pay among 139 <$100K 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.

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Statement of Revenue

Part VIII
Contributions & grants$60K · 80%
Program service revenue$14K · 20%
Contributions & grants80%$60K
Program service revenue20%$14K
Investment income$57
— government grantsLn 1e$60K
Total revenueLn 12$74K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.69 Management & general $0.31
Program services69%$64K
Management & general31%$29K
Total functional expensesLn 25$93K

Balance Sheet

Part X · end of year
CashLn 1$14K
Total assetsLn 16$406K
Total liabilitiesLn 26$627K
Total net assetsLn 32$-221K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $14K · Operating expenses/yr $93K
1.8 months
Where the money goes
Program services
Program services $64K · Total expenses $93K
69%
Management & General
Management & general $29K · Total expenses $93K
31%
Fundraising
Fundraising $0 · Total expenses $93K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $5K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $60K · Total revenue $74K
80%
Government reliance
Government grants $60K · Total revenue $74K
80%
Earned-income share
Program service revenue $14K · Total revenue $74K
20%
Investment reliance
Investment income $57 · Total revenue $74K
+0.08%
Program self-sufficiency
Program service revenue $14K · Total expenses $93K
16%
Growth & trend
Revenue growth (YoY)
This year $74K · Prior year $68K
+9%
Revenue CAGR
FY2019 $54K · FY2024 $74K
+6%
Net-asset trend (YoY)
End of year $-221K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $74K · Expenses $93K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $406K
Net-asset ratio
Net assets $-221K · Total assets $406K
-54%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $406K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Patrick McLaughlin · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $98K · Total expenses $93K
106%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $93K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 69%
Overhead ratio 31%
Revenue growth 9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$68K revenue · ⤓ 990 PDF
FY2023$233K revenue · ⤓ 990 PDF
FY2022$77K revenue · ⤓ 990 PDF
FY2021$98K revenue · ⤓ 990 PDF
FY2020$54K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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