Afforda FY2022 filing
Stabilizes neighborhoods by providing affordable housing, revitalization, and small business support. For fiscal year 2022 it reported $606K in revenue, $658K in expenses, and $22.4M in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Housing
- Location
- Midvale, UT
- Website
- www.utcns.com
- Filings
- 5 on file (2020–2022)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Daniel Adams’s $248K as Executive Director is at the 93rd percentile of top reported officer pay among 2025 $1–10M 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 · 5 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Daniel Adams | $247,500 | $241,618 | — | — | — |
| Dan Adams | — | — | $237,969 | $206,862 | $203,925 |
| Amy Thornton | $164,795 | $159,970 | $151,049 | $129,868 | $119,406 |
| Paul K Johnson | — | — | — | $113,859 | $108,854 |
| Luann Spangenberg | $111,240 | $105,911 | — | — | — |
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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Where the work happens
The uetod is a structured $35 million revolving loan fund. The loan fund provides flexible short-term financing for developers to purchase AND/OR develop transit oriented affordable housing near public transportation throughout the wasatch front.
Utah small business growth initiative (usbgi) is a limited liability company organized in the state of utah on june 11, 2012 for the purpose of creating jobs and stabilizing utah's neighborhoods by providing growing businesses with access to capital.
The utah center for neighborhood stabilization stabilizes neighborhoods through its subsidiary organizations by providing single fmaily and multi-family affordable housing, neighborhood revitalization, and small business lending and investing.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 59% | — | — |
| Overhead ratio | 41% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -76% | — | — |
| Legal fee ratio | 0.07% | — | — |
| Accounting fee ratio | 18% | — | — |
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
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