Anchors Supportive Housing Development INC FY2022 filing

Tax-deductible

Hanford, CA501(c)(3)Since 2012HousingEIN 46-1018019Revenue −$10K in FY2022

On file with the IRS680 N Douty St, 93230-3913 · Hanford, CATax-exempt since Feb 2014Publicly supported charity — 170(b)(1)(A)(vi)

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To acquire,develop,own,provide and manage accordable Housing within the county of kings california for the mentally ill, representing households with low to moderate income levels

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

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FY2022 · 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
0 of 6
filings with a surplus
Average deficit $56K a year · 96% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Liabilities
$1.8M
125% of total assets
Concern: liabilities are 125% of assets; over 80%.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
−$10K
-112% vs prior year
Spent
$0
Net assets
−$361K
By yearFY2020–FY2025
Revenue
−$10K
FY2022▼ -112%
Tap a bar for its year
Revenue by fiscal year
FY2020$109K
FY2021$80K
FY2022−$10K
FY2023$62K
FY2024$49K
FY2025$62K
Expenses
$0
FY2022▼ -100%
Tap a bar for its year
Expenses by fiscal year
FY2020$170K
FY2021$114K
FY2022$0
FY2023$135K
FY2024$133K
FY2025$136K
Net assets
−$361K
FY2022▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020−$258K
FY2021−$351K
FY2022−$361K
FY2023−$434K
FY2024−$518K
FY2025−$592K

From the FY2022 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2014.

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

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Anchors Supportive Housing Development INC 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 15aNo

Programs and updates

Develops and manages affordable housing for low-income mentally ill individuals in Kings County, California.

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1 program · in their own filed words · FY2022
01

The purpose of anchors supportive housing development inc is to acquire, develop, own and manage an affordable housing complex located in the county of kings, california. This property is for the benefit of the mentally ill, representing households with moderate to low income levels.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
−$10K
Ln 12
Fees for servicesLn 2g$65K
Investment incomeLn 3$254
Money outPt IX
$0
Ln 25
Owns and owesPt X
−$361K
net assets · Ln 32
Cash and savingsLn 1–2$92K
Total assetsLn 16$1.4M
LiabilitiesLn 26$1.8M
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$65K
Investment incomeLn 3$254
Gains on assetsLn 7$0
Total revenueLn 12−$10K
Assets in detailPt X, end of year
CashLn 1$92K
SavingsLn 2$0
Cash and savings togetherLn 1–2$92K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.3M
Other assetsLn 15$0
Total assetsLn 16$1.4M
LiabilitiesLn 26$1.8M
Net assetsLn 32−$361K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$39K$92K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.3M$1.3M
Total assetsLn 16$1.4M$1.4M
LiabilitiesLn 26$1.7M$1.8M
Net assetsLn 32−$351K−$361K
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$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
All other expensesLn 24e$0
Total functional expensesLn 25$0$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $62K$136K−$74K−$592K 990 PDF
FY2024 $49K$133K−$84K−$518K 990 PDF
FY2023 $62K$135K−$73K−$434K 990 PDF
FY2022 Viewing −$10K$0−$10K−$361K 990 PDF
FY2021 $80K$114K−$34K−$351K 990 PDF
FY2020 $109K$170K−$61K−$258K 990 PDF

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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 FY2022 990 (6 parts)
Part I · Summary −$9,878 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $71,338$64,623
I-10 Investment incomePrior year $121$254
I-11 Other revenuePrior year $8,263−$74,755
I-12 Total revenuePrior year $79,722−$9,878
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $114,048$0
I-18 Total expensesPrior year $114,048$0
I-19 Revenue less expensesPrior year −$34,326−$9,878
Part VI · Governance 0 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue −$9,878 across 8 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $64,623$64,623
VIII-3 Investment incomeRelated to mission $254$254
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission −$74,755−$74,755
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission −$9,878−$9,878
Part IX · Statement of functional expenses $0 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 wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$0
Part X · Balance sheet $1,419,198 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $1,772$92,237
X-2 Savings and temporary cash investmentsStart of year $36,868$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,846$12,753
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,345,107$1,314,208
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,385,593$1,419,198
X-25 Other liabilitiesStart of year $266,892$310,375
X-26 Total liabilitiesStart of year $1,736,292$1,779,775
X-27 Net assets without donor restrictionsStart of year −$350,699−$360,577
X-32 Total net assets or fund balancesStart of year −$350,699−$360,577
X-33 Total liabilities and net assetsStart of year $1,385,593$1,419,198
Part XI · Reconciliation of net assets −$360,577 net assets at year end
XI-1 Total revenue−$9,878
XI-2 Total expenses$0
XI-3 Revenue less expenses−$9,878
XI-4 Net assets at start of year−$350,699
XI-10 Net assets at end of year−$360,577

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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