High Plains Housing Development Corp FY2020 filing

Tax-deductible

Greeley, CO501(c)(3)HousingEIN 84-1300818Revenue $4.2M in FY2020

On file with the IRSPo Box 1053, 80632-1053 · Greeley, COTax-exempt since Jan 1996Publicly supported charity — 170(b)(1)(A)(vi)

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Provide affordable Housing and second mortgages to low income individuals and families

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$76K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · 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
5 of 5
filings with a surplus
Average surplus $1.1M a year · 76% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$76K
to officers and key staff · 41% of spending
Concern: pay to officers and key staff is 41% of spending; over 30%.
Pt VII · Sec A
Cash reserves
34 mo
of spending, in cash
Looks good: 33.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $20K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$123K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 8 voting members
Concern: none of 8 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
Spent
$184K
To programs
80%
Net assets
$6.6M
By yearFY2020–FY2024
Revenue
$4.2M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$4.2M
FY2021$212K
FY2022$290K
FY2023$723K
FY2024$2.0M
Expenses
$184K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$184K
FY2021$151K
FY2022$125K
FY2023$578K
FY2024$713K
Net assets
$6.6M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.6M
FY2021$6.7M
FY2022$6.8M
FY2023$7.0M
FY2024$8.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 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 Jan 1996.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $146K Management & general 20% · $38K

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

10 people listed on the 990; $76K paid to officers and key staff.

Part VII, Section A · reportable compensation
Edir/Sec/Tre
$75,937Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Jodi Hartmann’s $88K as Executive Di is at the 23rd percentile of top reported officer pay among 2037 $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 · 1 named individual · Part VII

NameFY2022FY2021FY2020
Jodi Hartmann$87,680$78,750$75,937

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

Offers affordable housing and second mortgages to low-income individuals and families.

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Provided by the organization

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1 program · $146K · in their own filed words · FY2020
01

Provide affordable housing to sixty-four (64) low income families at a low rental rate and loan assistance to first-time low-income home buyers

$146Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$20K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Gifts and grantsLn 1h$4.1M
Fees for servicesLn 2g$160K
Other incomeLn 4–11$2K
Money outPt IX
$184K
Ln 25
Programscol B$146K
Managementcol C$38K
Owns and owesPt X
$6.6M
net assets · Ln 32
Cash and savingsLn 1–2$518K
Total assetsLn 16$6.7M
LiabilitiesLn 26$123K
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a8
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.1M
Noncash giftsLn 1g$4.1M
Fees for servicesLn 2g$160K
Investment incomeLn 3$215
Other incomeLn 4–11$2K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$518K
Cash and savings togetherLn 1–2$518K
Land, buildings, equipmentLn 10c$4.1M
Total assetsLn 16$6.7M
LiabilitiesLn 26$123K
Net assetsLn 32$6.6M
OperationsPt I, VI
EmployeesI 51
VolunteersI 615
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$186K$518K
Land, buildings, equipmentLn 10c$4.1M
Total assetsLn 16$2.7M$6.7M
LiabilitiesLn 26$184K$123K
Net assetsLn 32$2.6M$6.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$81K$49K$32K
Legal feesLn 11b$13K$12K$648
Accounting feesLn 11c$3K$3K
Other fees for servicesLn 11g$4K$4K$162
Advertising and promotionLn 12$19$19
Office expensesLn 13$808$785$23
OccupancyLn 16$21K$21K
Conferences, conventions and meetingsLn 19$2K$698$933
Depreciation, depletion and amortizationLn 22$42K$42K
InsuranceLn 23$1K$828$222
Other expenses (24a–d)Ln 24$16K$16K
Total functional expensesLn 25$184K$146K$38K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.0M$713K$1.2M$8.1M 990 PDF
FY2023 $723K$578K$145K$7.0M 990 PDF
FY2022 $290K$125K$165K$6.8M 990 PDF
FY2021 $212K$151K$60K$6.7M 990 PDF
FY2020 Viewing $4.2M$184K$4.1M$6.6M 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 FY2020 990 (6 parts)
Part I · Summary $4,249,784 revenue, 12 lines filed
I-8 Contributions and grants$4,088,000
I-9 Program service revenuePrior year $158,519$159,936
I-10 Investment incomePrior year $15$215
I-11 Other revenue$1,633
I-12 Total revenuePrior year $158,534$4,249,784
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $33,641$80,846
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $15,733$103,177
I-18 Total expensesPrior year $49,374$184,023
I-19 Revenue less expensesPrior year $109,160$4,065,761
Part VI · Governance 0 of 8 board members independent, 4 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members0
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 $4,249,784 across 7 lines filed
VIII-1f All other contributions, gifts and grants$4,088,000
VIII-1g Noncash contributions (included above)$4,088,000
VIII-1h Total contributions, gifts and grants$4,088,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $159,936$159,936
VIII-3 Investment incomeExcluded from tax $215$215
VIII-5 RoyaltiesExcluded from tax $1,633$1,633
VIII-12 Total revenueRelated to mission $159,936 · Excluded from tax $1,848$4,249,784
Part IX · Statement of functional expenses $184,023 across 11 lines filed
IX-7 Other salaries and wagesPrograms $48,508 · Management $32,338$80,846
IX-11b Legal feesPrograms $12,306 · Management $648$12,954
IX-11c Accounting feesManagement $3,358$3,358
IX-11g Other fees for servicesPrograms $4,062 · Management $162$4,224
IX-12 Advertising and promotionPrograms $19$19
IX-13 Office expensesPrograms $785 · Management $23$808
IX-16 OccupancyPrograms $20,865$20,865
IX-19 Conferences, conventions and meetingsPrograms $698 · Management $933$1,631
IX-22 Depreciation, depletion and amortizationPrograms $42,276$42,276
IX-23 InsurancePrograms $828 · Management $222$1,050
IX-24 Other expenses (24a–d)Programs $15,992$15,992
IX-25 Total functional expensesPrograms $146,339 · Management $37,684 · Fundraising $0$184,023
Part X · Balance sheet $6,739,858 assets, 10 lines filed
Asset lines not itemized here account for $2,130,469; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $186,241$517,801
X-4 Accounts receivableStart of year $143,665$364
X-9 Prepaid expenses and deferred charges$18,000
X-10c Land, buildings and equipment, net$4,073,224
X-16 Total assetsStart of year $2,734,587$6,739,858
X-25 Other liabilities$123,288
X-26 Total liabilitiesStart of year $183,778$123,288
X-27 Net assets without donor restrictionsStart of year $2,550,809$6,616,570
X-32 Total net assets or fund balancesStart of year $2,550,809$6,616,570
X-33 Total liabilities and net assetsStart of year $2,734,587$6,739,858
Part XI · Reconciliation of net assets $6,616,570 net assets at year end
XI-1 Total revenue$4,249,784
XI-2 Total expenses$184,023
XI-3 Revenue less expenses$4,065,761
XI-4 Net assets at start of year$2,550,809
XI-10 Net assets at end of year$6,616,570

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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