Abode INC FY2022 filing

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Abode, INC. Was formed as a separate borrower corporation as required under the section 202 direct loan program by hud. Its mission is to provide housing for those for whom IT is difficult to obtain and maintain housing.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-0332615) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
The latest return is for FY2026, this tax year.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $6K a year · 3% of revenue · last 6 filings
A surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
92%
of spending
92% of spending went to programs.
Pt IX · Ln 25 · col B
0.4 mo
of spending, in cash
0.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10K
4% of total assets
Liabilities are 4% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$163K
+0.1% vs prior year
Spent
$180K
To programs
92%
Net assets
$221K
By yearFY2021–FY2026
Revenue
$163K
FY2022+0.1%
Tap a bar for its year
Revenue by fiscal year
FY2021$163K
FY2022$163K
FY2023$169K
FY2024$171K
FY2025$224K
FY2026$193K
Expenses
$180K
FY2022▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2021$167K
FY2022$180K
FY2023$182K
FY2024$185K
FY2025$204K
FY2026$198K
Net assets
$221K
FY2022▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2021$238K
FY2022$221K
FY2023$207K
FY2024$193K
FY2025$213K
FY2026$209K

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

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2026) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Sep 1985.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $165K Management & general 8% · $15K

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

7 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice-Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Di
$0Pt VII · Sec A
See Abode INC executive salaries →

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 15aYes

Programs and updates

Provides affordable housing for individuals struggling to find and keep a home.

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1 program · $165K · in their own filed words · FY2021
01

Abode operates a 15-UNIT group home for the chronically homeless in las cruces, NM. The housing program is a project based section 8/SECTION 202 program operated under the "housing first" model.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 85-0332615) · Dispute this line
$165Kprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$163K
Ln 12
Fees for servicesLn 2g$102K
Gifts and grantsLn 1h$60K
Other incomeLn 4–11$270
Money outPt IX
$180K
Ln 25
Programscol B$165K
Managementcol C$15K
Owns and owesPt X
$221K
net assets · Ln 32
Cash and savingsLn 1–2$6K
Total assetsLn 16$231K
LiabilitiesLn 26$10K
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$60K
Government grantsLn 1e$60K
Fees for servicesLn 2g$102K
Investment incomeLn 3$58
Other incomeLn 4–11$270
Total revenueLn 12$163K
Assets in detailPt X, end of year
CashLn 1$6K
Cash and savings togetherLn 1–2$6K
Pledges and grants receivableLn 3$7K
Prepaid expenses and deferred chargesLn 9$10K
Land, buildings, equipmentLn 10c$144K
Other assetsLn 15$64K
Total assetsLn 16$231K
LiabilitiesLn 26$10K
Net assetsLn 32$221K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$20K$6K
Land, buildings, equipmentLn 10c$164K$144K
Total assetsLn 16$246K$231K
LiabilitiesLn 26$8K$10K
Net assetsLn 32$238K$221K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other fees for servicesLn 11g$97K$84K$12K
Office expensesLn 13$3K$3K
OccupancyLn 16$10K$10K
TravelLn 17$3K$3K
Depreciation, depletion and amortizationLn 22$20K$20K
InsuranceLn 23$10K$10K
Other expenses (24a–d)Ln 24$31K$31K
All other expensesLn 24e$6K$6K$101
Total functional expensesLn 25$180K$165K$15K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 LatestFiled with the IRS Aug 24, 2026 $193K$198K−$5K$209K 990 PDF
FY2025Filed with the IRS Nov 10, 2025 $224K$204K$20K$213K 990 PDF
FY2024Filed with the IRS Nov 20, 2024 $171K$185K−$14K$193K 990 PDF
FY2023Filed with the IRS Nov 21, 2023 $169K$182K−$13K$207K 990 PDF
FY2022 ViewingFiled with the IRS Nov 1, 2022 $163K$180K−$17K$221K 990 PDF
FY2021Filed with the IRS Nov 18, 2021 $163K$167K−$4K$238K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $162,716 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $60,165$60,165
I-9 Program service revenuePrior year $101,199$102,223
I-10 Investment incomePrior year $42$58
I-11 Other revenuePrior year $1,128$270
I-12 Total revenuePrior year $162,534$162,716
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $167,034$180,005
I-18 Total expensesPrior year $167,034$180,005
I-19 Revenue less expensesPrior year −$4,500−$17,289
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $162,716 across 6 lines filed
VIII-1e Government grants$60,165
VIII-1h Total contributions, gifts and grants$60,165
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $102,223$102,223
VIII-3 Investment incomeExcluded from tax $58$58
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $270$270
VIII-12 Total revenueRelated to mission $102,223 · Excluded from tax $328$162,716
Part IX · Statement of functional expenses $180,005 across 8 lines filed
IX-11g Other fees for servicesPrograms $84,131 · Management $12,457$96,588
IX-13 Office expensesManagement $2,623$2,623
IX-16 OccupancyPrograms $10,309$10,309
IX-17 TravelPrograms $2,986$2,986
IX-22 Depreciation, depletion and amortizationPrograms $20,176$20,176
IX-23 InsurancePrograms $10,392$10,392
IX-24 Other expenses (24a–d)Programs $31,087$31,087
IX-24e All other expensesPrograms $5,743 · Management $101$5,844
IX-25 Total functional expensesPrograms $164,824 · Management $15,181 · Fundraising $0$180,005
Part X · Balance sheet $230,546 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $20,430$5,987
X-3 Pledges and grants receivableStart of year $4,835$6,758
X-9 Prepaid expenses and deferred chargesStart of year $9,508$9,726
X-10c Land, buildings and equipment, netStart of year $164,330$144,154
X-15 Other assetsStart of year $46,436$63,921
X-16 Total assetsStart of year $245,539$230,546
X-17 Accounts payable and accrued expensesStart of year $5,986$8,223
X-19 Deferred revenueStart of year $474$273
X-25 Other liabilitiesStart of year $1,286$1,546
X-26 Total liabilitiesStart of year $7,746$10,042
X-27 Net assets without donor restrictionsStart of year $237,793$220,504
X-32 Total net assets or fund balancesStart of year $237,793$220,504
X-33 Total liabilities and net assetsStart of year $245,539$230,546
Part XI · Reconciliation of net assets $220,504 net assets at year end
XI-1 Total revenue$162,716
XI-2 Total expenses$180,005
XI-3 Revenue less expenses−$17,289
XI-4 Net assets at start of year$237,793
XI-10 Net assets at end of year$220,504

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

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