Housing Solutions INC

Tax-deductible

Sacramento, CA501(c)(3)HousingEIN 45-5524663

Provide decent, safe and sanitary affordable housing for lower income persons. Provide services for lower income persons to find or maintain housing.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2021 · 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
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 2
filings with a surplus
Average surplus $36K a year · 34% 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
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
32 mo
of spending, in cash
Looks good: 31.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$209K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$123K
+45% vs prior year
Spent
$70K
To programs
91%
Net assets
$2.1M
By yearFY2020–FY2021
Revenue
$123K
FY2021▲ +45%
Revenue by fiscal year
FY2020$85K
FY2021$123K
Expenses
$70K
FY2021▲ +6%
Expenses by fiscal year
FY2020$66K
FY2021$70K
Net assets
$2.1M
FY2021▲ +2%
Net assets by fiscal year
FY2020$2.0M
FY2021$2.1M

From the FY2021 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021. IRS ruling in Nov 2013.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $64K Management & general 9% · $6K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
President (thru 3/30/21)
$0Pt VII · Sec A
Vice President (thru 2/24/21)
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Housing Solutions INC executive salaries →

Are you one of these people? Claim this org to confirm your role

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

Builds and helps people find affordable, safe housing for lower incomes.

Provided by the organization

This section is blank until Housing Solutions INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $64K of program spending, described in the organization's own filed words · FY2021.
01

Housing solutions, inc., ("hsi") provided housing and services to forty-nine low income persons in sacramento county, california in 2021. At the end of 2021, hsi owned six houses and two condominium units.

$64Kprogram expense

Run this program? Claim this org to tell your story

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$123K
Ln 12
Fees for servicesLn 2g$82K
Gifts and grantsLn 1h$41K
Investment incomeLn 3$9
Money outPt IX
$70K
Ln 25
Programscol B$64K
Managementcol C$6K
Owns and owesPt X
$2.1M
net assets · Ln 32
Cash and savingsLn 1–2$187K
Total assetsLn 16$2.3M
LiabilitiesLn 26$209K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$41K
Government grantsLn 1e$41K
Fees for servicesLn 2g$82K
Investment incomeLn 3$9
Total revenueLn 12$123K
Assets in detailPt X, end of year
SavingsLn 2$187K
Cash and savings togetherLn 1–2$187K
Land, buildings, equipmentLn 10c$2.0M
Total assetsLn 16$2.3M
LiabilitiesLn 26$209K
Net assetsLn 32$2.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
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 FY21End FY21
Cash and savingsLn 1–2$133K$187K
Land, buildings, equipmentLn 10c$2.1M$2.0M
Total assetsLn 16$2.2M$2.3M
LiabilitiesLn 26$196K$209K
Net assetsLn 32$2.0M$2.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$6K$6K
Depreciation, depletion and amortizationLn 22$42K$42K
InsuranceLn 23$9K$9K
Other expenses (24a–d)Ln 24$13K$13K
Total functional expensesLn 25$70K$64K$6K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest Viewing $123K$70K$53K$2.1M 990 PDF
FY2020 $85K$66K$19K$2.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $123,078 across 5 lines filed
VIII-1e Government grants$40,644
VIII-1h Total contributions, gifts and grants$40,644
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $82,425$82,425
VIII-3 Investment incomeExcluded from tax $9$9
VIII-12 Total revenueRelated to mission $82,425 · Unrelated business $0 · Excluded from tax $9$123,078
Part IX · Statement of functional expenses $70,439 across 4 lines filed
IX-11c Accounting feesManagement $6,300$6,300
IX-22 Depreciation, depletion and amortizationPrograms $42,127$42,127
IX-23 InsurancePrograms $9,060$9,060
IX-24 Other expenses (24a–d)Programs $12,952$12,952
IX-25 Total functional expensesPrograms $64,139 · Management $6,300 · Fundraising $0$70,439
Part X · Balance sheet $2,278,265 assets, 11 lines filed
X-2 Savings and temporary cash investmentsStart of year $133,082$187,432
X-4 Accounts receivableStart of year $8,360$71,151
X-10c Land, buildings and equipment, netStart of year $2,078,936$2,019,682
X-16 Total assetsStart of year $2,220,378$2,278,265
X-17 Accounts payable and accrued expensesStart of year $10,560$20,029
X-25 Other liabilitiesStart of year $13,667$17,106
X-26 Total liabilitiesStart of year $196,252$209,160
X-27 Net assets without donor restrictionsStart of year $1,310,107$1,355,086
X-28 Net assets with donor restrictionsStart of year $714,019$714,019
X-32 Total net assets or fund balancesStart of year $2,024,126$2,069,105
X-33 Total liabilities and net assetsStart of year $2,220,378$2,278,265
Part XI · Reconciliation of net assets $2,069,105 net assets at year end
XI-1 Total revenue$123,078
XI-2 Total expenses$70,439
XI-3 Revenue less expenses$52,639
XI-4 Net assets at start of year$2,024,126
XI-6 Donated services and use of facilities$25,000
XI-8 Prior period adjustments−$32,660
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,069,105

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.