Roberta Housing INC FY2022 filing

Roberta, GAUnknown exempt organizationSince 2020EIN 84-2893244Revenue $504K in FY2022

On file with the IRS20 C F Willis Drive · Roberta, GA

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Manage and develop affordable housing. Initial 70 units from HUD's RAD program.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
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 $29K a year · 6% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
23 mo
of spending, in cash
Looks good: 22.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$255K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$504K
+38% vs prior year
Spent
$531K
To programs
100%
Net assets
$1.1M
By yearFY2021–FY2025
Revenue
$504K
FY2022▲ +38%
Tap a bar for its year
Revenue by fiscal year
FY2021$366K
FY2022$504K
FY2023$552K
FY2024$532K
FY2025$538K
Expenses
$531K
FY2022▲ +30%
Tap a bar for its year
Expenses by fiscal year
FY2021$408K
FY2022$531K
FY2023$529K
FY2024$598K
FY2025$574K
Net assets
$1.1M
FY2022▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$1.1M
FY2023$1.1M
FY2024$1.0M
FY2025$1.0M

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) Claim
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $531K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chairman
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Executive Dir.
$0Pt VII · Sec A
See Roberta Housing INC executive salaries →

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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, starting with 70 units from HUD's RAD program.

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Provided by the organization

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1 program · $531K · in their own filed words · FY2021
01

Manage 70 units of affordable housing (units converted under HUD's RAD program)

$531Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$504K
Ln 12
Gifts and grantsLn 1h$298K
Fees for servicesLn 2g$207K
Investment incomeLn 3$94
Money outPt IX
$531K
Ln 25
Programscol B$531K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.0M
Total assetsLn 16$1.4M
LiabilitiesLn 26$255K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$298K
Government grantsLn 1e$298K
Fees for servicesLn 2g$207K
Investment incomeLn 3$94
Gains on assetsLn 7$0
Total revenueLn 12$504K
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$0
Cash and savings togetherLn 1–2$1.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$331K
Other assetsLn 15$0
Total assetsLn 16$1.4M
LiabilitiesLn 26$255K
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
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 FY22End FY22
Cash and savingsLn 1–2$809K$1.0M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$423K$331K
Total assetsLn 16$1.4M$1.4M
LiabilitiesLn 26$242K$255K
Net assetsLn 32$1.1M$1.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$163K$163K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$66K$66K
Payroll taxesLn 10$13K$13K
Management feesLn 11a$32K$32K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$19K$19K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$772$772
Office expensesLn 13$23K$23K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$14K$14K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$92K$92K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$63K$63K
All other expensesLn 24e$13K$13K
Total functional expensesLn 25$531K$531K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $538K$574K−$35K$1.0M 990 PDF
FY2024 $532K$598K−$66K$1.0M 990 PDF
FY2023 $552K$529K$23K$1.1M 990 PDF
FY2022 Viewing $504K$531K−$27K$1.1M 990 PDF
FY2021 $366K$408K−$42K$1.1M 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 FY2022 990 (6 parts)
Part I · Summary $504,148 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $222,211$297,520
I-9 Program service revenuePrior year $143,414$206,534
I-10 Investment incomePrior year $226$94
I-11 Other revenue$0
I-12 Total revenuePrior year $365,851$504,148
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $221,320$242,976
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $186,949$287,745
I-18 Total expensesPrior year $408,269$530,721
I-19 Revenue less expensesPrior year −$42,418−$26,573
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $504,148 across 9 lines filed
VIII-1e Government grants$297,520
VIII-1h Total contributions, gifts and grants$297,520
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $206,534$206,534
VIII-3 Investment incomeRelated to mission $94$94
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $206,628$504,148
Part IX · Statement of functional expenses $530,721 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $163,495$163,495
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $66,475$66,475
IX-10 Payroll taxesPrograms $13,006$13,006
IX-11a Management feesPrograms $32,492$32,492
IX-11b Legal feesPrograms $3,318$3,318
IX-11c Accounting feesPrograms $18,700$18,700
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $772$772
IX-13 Office expensesPrograms $22,917$22,917
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $14,357$14,357
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $91,890$91,890
IX-23 InsurancePrograms $27,154$27,154
IX-24 Other expenses (24a–d)Programs $62,882$62,882
IX-24e All other expensesPrograms $13,263$13,263
IX-25 Total functional expensesPrograms $530,721 · Management $0 · Fundraising $0$530,721
Part X · Balance sheet $1,352,805 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $808,753$1,004,417
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $113,785$775
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $20,845$16,480
X-10c Land, buildings and equipment, netStart of year $423,022$331,133
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $1,366,405$1,352,805
X-17 Accounts payable and accrued expensesStart of year $242,362$255,335
X-26 Total liabilitiesStart of year $242,362$255,335
X-27 Net assets without donor restrictionsStart of year $1,124,043$1,097,470
X-32 Total net assets or fund balancesStart of year $1,124,043$1,097,470
X-33 Total liabilities and net assetsStart of year $1,366,405$1,352,805
Part XI · Reconciliation of net assets $1,097,470 net assets at year end
XI-1 Total revenue$504,148
XI-2 Total expenses$530,721
XI-3 Revenue less expenses−$26,573
XI-4 Net assets at start of year$1,124,043
XI-10 Net assets at end of year$1,097,470

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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