Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 2014.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
100 cents of each dollar spent went to programs.
Form 990 Part IX, line 25. Every line is in By the numbers.
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Who runs it and what they're paid
8 people listed on the 990; $111K paid to officers and key staff.
Tim Martin’s $210K as COO is at the 69th percentile of top reported officer pay among 2832 $1–10M community development 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 · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Tim Martin | $209,992 | — | — |
| Rick Moore | $170,218 | — | — |
| Thomas Gibbs | $128,351 | $117,118 | $103,116 |
| Paul Linz | $119,931 | — | — |
| Brenda Guerrero-Mckendrick | $118,340 | — | — |
| Angela Harper-Sperry | — | $102,717 | — |
| David G Hatfield | $1,200 | $1,400 | $1,200 |
| Richard Engbers | $1,200 | $1,400 | $1,100 |
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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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 through real estate ownership and sales.
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Managing non federal low income housing.
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $3.4M | $9.6M |
| InvestmentsLn 11–13 | $374K | $574K |
| Land, buildings, equipmentLn 10c | $3.1M | $1.8M |
| Total assetsLn 16 | $17.7M | $26.6M |
| LiabilitiesLn 26 | $3.6M | $9.9M |
| Net assetsLn 32 | $14.1M | $16.7M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $4K | $4K | ||
| Other salaries and wagesLn 7 | $891K | $891K | ||
| Pension plan contributionsLn 8 | $13K | $13K | ||
| Other employee benefitsLn 9 | $179K | $179K | ||
| Payroll taxesLn 10 | $10K | $10K | ||
| Legal feesLn 11b | $24K | $24K | ||
| Accounting feesLn 11c | $63K | $63K | ||
| Other fees for servicesLn 11g | $619K | $619K | ||
| Advertising and promotionLn 12 | $14K | $14K | ||
| Office expensesLn 13 | $129K | $129K | ||
| Information technologyLn 14 | $62K | $62K | ||
| OccupancyLn 16 | $187K | $187K | ||
| TravelLn 17 | $56K | $56K | ||
| Conferences, conventions and meetingsLn 19 | $37K | $37K | ||
| InterestLn 20 | $486 | $486 | ||
| Depreciation, depletion and amortizationLn 22 | $427K | $427K | ||
| InsuranceLn 23 | $262K | $262K | ||
| Other expenses (24a–d)Ln 24 | $417K | $417K | ||
| Total functional expensesLn 25 | $3.4M | $3.4M | $0 | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $5.3M | $5.3M | $20K | $20.5M | 990 PDF |
| FY2023 | $9.3M | $4.4M | $5.0M | $21.1M | 990 PDF |
| FY2022 Viewing | $5.2M | $3.4M | $1.8M | $16.7M | 990 PDF |
| FY2021 | $5.6M | $4.8M | $791K | $14.1M | 990 PDF |
| FY2020 | $3.9M | $3.6M | $284K | $13.0M | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $5,194,127 revenue, 12 lines filed
Part VI · Governance 7 of 7 board members independent, 1 to look at
Part VIII · Statement of revenue $5,194,127 across 7 lines filed
Part IX · Statement of functional expenses $3,393,165 across 18 lines filed
Part X · Balance sheet $26,637,427 assets, 14 lines filed
Part XI · Reconciliation of net assets $16,724,538 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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