Reliant Asset Management Solutions FY2021 filing

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Reliant Asset Management Solutions ("Reliant ams") is a nonprofit public benefit organization founded in february 2015 to provide Asset Management services to affordable housing owners and to conduct or perform ancillary or related activity in furtherance of the foregoing as a means of promoting the common good, general welfare of the people of california, and to lessen the burden of government. Reliant ams is based in san bernardino, california.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $28K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
5 mo
of spending, in cash
Looks good: 5.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$59K
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 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
$1.0M
+16% vs prior year
Spent
$930K
To programs
66%
Net assets
$518K
By yearFY2020–FY2024
Revenue
$1.0M
FY2021▲ +16%
Tap a bar for its year
Revenue by fiscal year
FY2020$865K
FY2021$1.0M
FY2022$967K
FY2023$1.0M
FY2024$1.1M
Expenses
$930K
FY2021▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$884K
FY2021$930K
FY2022$1.2M
FY2023$880K
FY2024$952K
Net assets
$518K
FY2021▲ +16%
Tap a bar for its year
Net assets by fiscal year
FY2020$445K
FY2021$518K
FY2022$311K
FY2023$456K
FY2024$611K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2015.

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

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $612K Management & general 34% · $318K

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

4 people listed on the 990.

Part VII, Section A · reportable compensation
Board Member
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Theresa Ibarra’s $127K as CEO/CFO is at the 57th percentile of top reported officer pay among 2036 $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 · 7 named individuals · Part VII

NameFY2024FY2023FY2022FY2020
Theresa Ibarra$127,217$131,798$116,487—
Jim Weaver———$117,654
Vickie Lauden$150$200$50—
Alison Crawford$175$150$50—
Cheryl Gonzalez$75$150——
Roselee Detevis$150$150——
Tina Scott——$50—

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.

See Reliant Asset Management Solutions executive salaries →

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

Manages assets for affordable housing owners, promoting California's common good.

Questions for Reliant Asset Management Solutions

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1 program · $612K · in their own filed words · FY2021
01

Reliant asset management solutions ("reliant ams"), is a non-profit organization formed to further the mission of operating and sustaining affordable housing. It will provide management solutions in several areas, from full service property management, physical inspections related to all types of housing units and other related services.

$612Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.0M
Ln 12
Fees for servicesLn 2g$1.0M
Money outPt IX
$930K
Ln 25
Programscol B$612K
Managementcol C$318K
Owns and owesPt X
$518K
net assets · Ln 32
Cash and savingsLn 1–2$403K
Total assetsLn 16$578K
LiabilitiesLn 26$59K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$1.0M
Total revenueLn 12$1.0M
Assets in detailPt X, end of year
CashLn 1$403K
Cash and savings togetherLn 1–2$403K
Total assetsLn 16$578K
LiabilitiesLn 26$59K
Net assetsLn 32$518K
OperationsPt I, VI
EmployeesI 539
VolunteersI 64
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$406K$403K
Total assetsLn 16$515K$578K
LiabilitiesLn 26$70K$59K
Net assetsLn 32$445K$518K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$358K$358K
Other employee benefitsLn 9$96K$86K$11K
Legal feesLn 11b$32K$32K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$184K$169K$16K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$67K$67K
Information technologyLn 14$36K$36K
OccupancyLn 16$46K$46K
TravelLn 17$42K$42K
InsuranceLn 23$49K$49K
Other expenses (24a–d)Ln 24$8K$8K
Total functional expensesLn 25$930K$612K$318K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 16, 2025 $1.1M$952K$156K$611K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $1.0M$880K$145K$456K 990 PDF
FY2022Filed with the IRS Nov 28, 2023 $967K$1.2M−$212K$311K 990 PDF
FY2021 ViewingFiled with the IRS Nov 16, 2022 $1.0M$930K$73K$518K 990 PDF
FY2020Filed with the IRS Nov 16, 2021 $865K$884K−$19K$445K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,003,756 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $864,853$1,003,756
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $864,853$1,003,756
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 $523,464$454,174
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $360,275$476,214
I-18 Total expensesPrior year $883,739$930,388
I-19 Revenue less expensesPrior year −$18,886$73,368
Part VI · Governance 4 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,003,756 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,003,756$1,003,756
VIII-12 Total revenueRelated to mission $1,003,756 · Unrelated business $0 · Excluded from tax $0$1,003,756
Part IX · Statement of functional expenses $930,388 across 12 lines filed
IX-7 Other salaries and wagesPrograms $357,681$357,681
IX-9 Other employee benefitsPrograms $85,621 · Management $10,872$96,493
IX-11b Legal feesManagement $32,081$32,081
IX-11c Accounting feesManagement $9,796$9,796
IX-11g Other fees for servicesPrograms $168,703 · Management $15,673$184,376
IX-12 Advertising and promotionManagement $1,824$1,824
IX-13 Office expensesManagement $66,856$66,856
IX-14 Information technologyManagement $35,792$35,792
IX-16 OccupancyManagement $45,844$45,844
IX-17 TravelManagement $41,865$41,865
IX-23 InsuranceManagement $49,339$49,339
IX-24 Other expenses (24a–d)Management $8,441$8,441
IX-25 Total functional expensesPrograms $612,005 · Management $318,383 · Fundraising $0$930,388
Part X · Balance sheet $577,506 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $406,317$403,057
X-4 Accounts receivableStart of year $94,043$133,889
X-9 Prepaid expenses and deferred chargesStart of year $14,418$40,560
X-16 Total assetsStart of year $514,778$577,506
X-17 Accounts payable and accrued expensesStart of year $69,712$59,072
X-26 Total liabilitiesStart of year $69,712$59,072
X-27 Net assets without donor restrictionsStart of year $445,066$518,434
X-32 Total net assets or fund balancesStart of year $445,066$518,434
X-33 Total liabilities and net assetsStart of year $514,778$577,506
Part XI · Reconciliation of net assets $518,434 net assets at year end
XI-1 Total revenue$1,003,756
XI-2 Total expenses$930,388
XI-3 Revenue less expenses$73,368
XI-4 Net assets at start of year$445,066
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$518,434

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

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