Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1980.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
90 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
7 people listed on the 990; $83K paid to officers and key staff.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jo Ortiz | $97,304 | $99,915 | $92,300 | $83,123 | $82,617 |
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 Pinemont Incorporated 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
Provides safe, affordable housing and services for low-income elderly and handicapped individuals.
Questions for Pinemont Incorporated
Your first name shows with your question. Pinemont Incorporated answers here, for everyone.
The Pinemont Apartments are designated, under the Section 202/8 project type, to provide Safe and Affordable Low Income Housing to at least 130 Elderly and Handicapped persons meeting Low Income Housing Guidelines.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Federal money
The auditor reported no findings.
The auditor reported 4 findings: a weakness in money controls.
The auditor reported 2 findings.
The auditor reported no findings.
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $56K | $62K |
| InvestmentsLn 11–13 | $182K | $165K |
| Land, buildings, equipmentLn 10c | $2.5M | $2.5M |
| Total assetsLn 16 | $3.1M | $3.0M |
| LiabilitiesLn 26 | $3.2M | $3.1M |
| Net assetsLn 32 | −$96K | −$103K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $0 | $0 | ||
| Grants to domestic individualsLn 2 | $0 | $0 | ||
| Grants and assistance to foreign recipientsLn 3 | $0 | $0 | ||
| Benefits paid to or for membersLn 4 | $0 | $0 | ||
| Pay of current officers, directors and key staffLn 5 | $83K | $0 | $83K | $0 |
| Pay of disqualified personsLn 6 | $0 | $0 | $0 | $0 |
| Other salaries and wagesLn 7 | $247K | $247K | $0 | $0 |
| Payroll taxesLn 10 | $68K | $49K | $19K | |
| Legal feesLn 11b | $1K | $1K | ||
| Accounting feesLn 11c | $28K | $28K | ||
| Other fees for servicesLn 11g | $40K | $40K | ||
| Office expensesLn 13 | $34K | $34K | ||
| OccupancyLn 16 | $251K | $251K | ||
| InterestLn 20 | $112K | $112K | ||
| Depreciation, depletion and amortizationLn 22 | $184K | $184K | ||
| InsuranceLn 23 | $137K | $137K | ||
| Other expenses (24a–d)Ln 24 | $55K | $55K | $0 | $0 |
| Total functional expensesLn 25 | $1.2M | $1.1M | $130K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 LatestFiled with the IRS May 14, 2025 | $1.5M | $1.5M | −$18K | $35K | 990 PDF |
| FY2023Filed with the IRS Nov 15, 2024 | $1.4M | $1.4M | −$3K | $15K | 990 PDF |
| FY2022Filed with the IRS May 21, 2024 | $1.3M | $1.3M | $69K | −$5K | 990 PDF |
| FY2021Filed with the IRS Oct 20, 2022 | $1.3M | $1.3M | $37K | −$40K | 990 PDF |
| FY2020 ViewingFiled with the IRS Jun 15, 2021 | $1.2M | $1.2M | $2K | −$103K | 990 PDF |
Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $1,241,103 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 4 to look at
Part VIII · Statement of revenue $1,241,103 across 10 lines filed
Part IX · Statement of functional expenses $1,238,705 across 17 lines filed
Part X · Balance sheet $3,029,799 assets, 14 lines filed
Part XI · Reconciliation of net assets −$102,616 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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