Golden Homes INC

Tax-deductible

Torrington, WY501(c)(3)EIN 83-0232445Revenue $229K in FY2025

On file with the IRS2025 East F Street, 82240-2956 · Torrington, WYTax-exempt since Dec 1978Publicly supported — 509(a)(2)

Tell your story. Claim this org

The non-profit organization was formed to construct and lease low-income rental housing for the area's elderly and handicapped tenants.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2025 · 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
1 of 5
filings with a surplus
Average deficit $14K a year · 7% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$439K
76% of total assets
Worth a look: liabilities are 76% of assets; over 65%.
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
$229K
+7% vs prior year
Spent
$249K
To programs
88%
Net assets
$136K
By yearFY2021–FY2025
Revenue
$229K
FY2025▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2021$196K
FY2022$201K
FY2023$202K
FY2024$215K
FY2025$229K
Expenses
$249K
FY2025▲ +17%
Tap a bar for its year
Expenses by fiscal year
FY2021$206K
FY2022$216K
FY2023$229K
FY2024$213K
FY2025$249K
Net assets
$136K
FY2025▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2021$196K
FY2022$182K
FY2023$155K
FY2024$156K
FY2025$136K

From the FY2025 Form 990 (year ending May 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1978.

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

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $220K Management & general 12% · $29K

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

Something off? Claim to fix it

Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
See Golden Homes INC executive salaries →

On this list? Claim this org

Something off? Claim to fix it

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 rents affordable housing for seniors and people with disabilities.

Questions for Golden Homes INC

Tap to ask. Golden Homes INC sees how many people are interested.

Your first name shows with your question. Golden Homes INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $220K · in their own filed words · FY2024
01

Provides low income housing to 31 elderly and handicapped family units.

$220Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$229K
Ln 12
Fees for servicesLn 2g$227K
Investment incomeLn 3$2K
Money outPt IX
$249K
Ln 25
Programscol B$220K
Managementcol C$29K
Owns and owesPt X
$136K
net assets · Ln 32
Cash and savingsLn 1–2$161K
Total assetsLn 16$575K
LiabilitiesLn 26$439K
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$227K
Investment incomeLn 3$2K
Total revenueLn 12$229K
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$148K
Cash and savings togetherLn 1–2$161K
Land, buildings, equipmentLn 10c$397K
Total assetsLn 16$575K
LiabilitiesLn 26$439K
Net assetsLn 32$136K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$161K$161K
Land, buildings, equipmentLn 10c$430K$397K
Total assetsLn 16$611K$575K
LiabilitiesLn 26$455K$439K
Net assetsLn 32$156K$136K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$18K$18K
Accounting feesLn 11c$1K$1K
Other fees for servicesLn 11g$66K$64K$2K
Advertising and promotionLn 12$784$784
Office expensesLn 13$3K$3K
Information technologyLn 14$518$518
OccupancyLn 16$69K$67K$2K
TravelLn 17$1K$1K$110
InterestLn 20$4K$4K$130
Depreciation, depletion and amortizationLn 22$33K$32K$1K
InsuranceLn 23$24K$23K$755
Other expenses (24a–d)Ln 24$28K$28K$209
Total functional expensesLn 25$249K$220K$29K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $229K$249K−$20K$136K 990 PDF
FY2024 $215K$213K$1K$156K 990 PDF
FY2023 $202K$229K−$27K$155K 990 PDF
FY2022 $201K$216K−$15K$182K 990 PDF
FY2021 $196K$206K−$10K$196K 990 PDF

More to add? 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 FY2025 990 (6 parts)
Part I · Summary $229,069 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $211,996$227,188
I-10 Investment incomePrior year $2,445$1,881
I-11 Other revenuePrior year $98$0
I-12 Total revenuePrior year $214,539$229,069
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 $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $213,420$249,004
I-18 Total expensesPrior year $213,420$249,004
I-19 Revenue less expensesPrior year $1,119−$19,935
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $229,069 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $227,188$227,188
VIII-3 Investment incomeExcluded from tax $1,881$1,881
VIII-12 Total revenueRelated to mission $227,188 · Unrelated business $0 · Excluded from tax $1,881$229,069
Part IX · Statement of functional expenses $249,004 across 12 lines filed
IX-11a Management feesManagement $17,800$17,800
IX-11c Accounting feesManagement $1,275$1,275
IX-11g Other fees for servicesPrograms $64,371 · Management $1,975$66,346
IX-12 Advertising and promotionManagement $784$784
IX-13 Office expensesManagement $2,579$2,579
IX-14 Information technologyManagement $518$518
IX-16 OccupancyPrograms $66,619 · Management $2,149$68,768
IX-17 TravelPrograms $1,127 · Management $110$1,237
IX-20 InterestPrograms $4,031 · Management $130$4,161
IX-22 Depreciation, depletion and amortizationPrograms $32,137 · Management $1,037$33,174
IX-23 InsurancePrograms $23,410 · Management $755$24,165
IX-24 Other expenses (24a–d)Programs $27,988 · Management $209$28,197
IX-25 Total functional expensesPrograms $219,683 · Management $29,321 · Fundraising $0$249,004
Part X · Balance sheet $575,023 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $11,966$12,441
X-2 Savings and temporary cash investmentsStart of year $149,339$148,069
X-3 Pledges and grants receivableStart of year $6,713$7,632
X-9 Prepaid expenses and deferred chargesStart of year $13,003$9,744
X-10c Land, buildings and equipment, netStart of year $430,312$397,137
X-16 Total assetsStart of year $611,333$575,023
X-17 Accounts payable and accrued expensesStart of year $10,448$18,483
X-19 Deferred revenueStart of year $6,075$5,019
X-25 Other liabilitiesStart of year $17,413$16,531
X-26 Total liabilitiesStart of year $455,144$438,769
X-27 Net assets without donor restrictionsStart of year $156,189$136,254
X-32 Total net assets or fund balancesStart of year $156,189$136,254
X-33 Total liabilities and net assetsStart of year $611,333$575,023
Part XI · Reconciliation of net assets $136,254 net assets at year end
XI-1 Total revenue$229,069
XI-2 Total expenses$249,004
XI-3 Revenue less expenses−$19,935
XI-4 Net assets at start of year$156,189
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$136,254

Form 990 e-file (XML) FY2025 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.

Your org? Add context

Made it to the end? Claim this org

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.