Mapleton Home Association EIN 84-1386759 Form 990 (PDF) Claim this org

Mapleton Home Association

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Advocates for mobile home residents to ensure affordable and sustainable living. For fiscal year 2024 it reported $706K in revenue, $661K in expenses, and $745K in net assets.Pt I

Founded
1997
Type
Public charity (501(c)(3)) · Housing
Location
Boulder, CO
Website
www.mapletonboulder.com
Filings
5 on file (2020–2024)
Revenue
$706KFY2024
Expenses
$661K
Net assets
$745K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-1386759 Public charity (501(c)(3)) Boulder, CO Founded 1997
Form 990 (PDF)
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Size
$100K–1M
What they do
Advocates for mobile home residents to ensure affordable and sustainable living.
Leadership
Isabel Sanchez · President
Money in and out
$706K revenue, $661K expenses
Bottom line
94% program efficiency
Where the money goes · FY2024
Total revenue
$706K
Pt VIII · Ln 12
Total expenses
$661K
Pt IX · Ln 25
Net assets
$745K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $45K
Where spending went · Part IX cols B–D
Program services $0.94 Management & general $0.06
Program efficiency
94%
of spending reaches programs-0.3% vs prior filing year
Operating runway
8.4mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+6%
revenue over expenses, this year▲ +253% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$706K
FY2024▲ +2%
Expenses
$661K
FY2024▼ -8%
Total assets
$814K
FY2024▲ +9%
Total liabilities
$69K
FY2024▲ +47%
Total revenue
$706K
Pt VIII · Ln 12
Total expenses
$661K
Pt IX · Ln 25
Net assets
$745K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$45K
Total assetsPt X · Ln 16$814K
Program-expense ratioPt IX · col B94%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMapleton Home Association
EINHdr · item D84-1386759
Principal addressHdr · item CBoulder, CO
WebsiteHdr · item Jwww.mapletonboulder.com
Year of formationHdr · item L1997
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L20)
Ruling yearIRS BMFSep 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Mgmt Comm Chair
$0Pt VII · Sec A

Enzo Gentile’s $56K as Vice President is at the 45th percentile of top reported officer pay among 849 $100K–1M 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

NameFY2021FY2020
Enzo Gentile$55,764$42,616

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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Mission & Programs · Part III

Where the work happens

1 program service account for $623K of program spending, described in the organization's own filed words · FY2024.
01

The Organization's main activities are to lease the park land from Thistle Community Housing under a 99-year, renewable lease, and manage the operations of the mobile home park and the rental of homesites to individual resident home owners. A minimum of 80% of the homes are designated permanently affordable.

$623Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$694K · 98%
Investment income$6K · 1%
Program service revenue98%$694K
Investment income1%$6K
Contributions & grants$3K
Other revenue$4K
— government grantsLn 1e$3K
Total revenueLn 12$706K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.94 Management & general $0.06
Program services94%$623K
Management & general6%$38K
Total functional expensesLn 25$661K

Balance Sheet

Part X · end of year
CashLn 1$462K
Total assetsLn 16$814K
Total liabilitiesLn 26$69K
Total net assetsLn 32$745K
Months of cash on handcomputed8.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $462K · Operating expenses/yr $661K
8.4 months
Where the money goes
Program services
Program services $623K · Total expenses $661K
94%
Management & General
Management & general $38K · Total expenses $661K
6%
Fundraising
Fundraising $0 · Total expenses $661K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $3K · Total revenue $706K
0.4%
Government reliance
Government grants $3K · Total revenue $706K
0.4%
Earned-income share
Program service revenue $694K · Total revenue $706K
98%
Investment reliance
Investment income $6K · Total revenue $706K
+0.8%
Program self-sufficiency
Program service revenue $694K · Total expenses $661K
105%
Growth & trend
Revenue growth (YoY)
This year $706K · Prior year $692K
+2%
Revenue CAGR
FY2019 $668K · FY2024 $706K
+1%
Net-asset trend (YoY)
End of year $745K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $706K · Expenses $661K
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $814K
Net-asset ratio
Net assets $745K · Total assets $814K
91%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $814K
0%
People & payroll
Highest Reported Total Compensation
Individual Isabel Sanchez · Reported title President · Highest reported compensation $0 · Total expenses $661K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $661K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 94%
Overhead ratio 6%
Revenue growth 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $28K · 2019–2019
Thistle Community HousingCO · FY2019$28,380

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$692K revenue · ⤓ 990 PDF
FY2023$706K revenue · ⤓ 990 PDF
FY2022$707K revenue · ⤓ 990 PDF
FY2021$1.3M revenue · ⤓ 990 PDF
FY2020$668K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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