Native Partnership for Housing INC

Tax-deductible

Gallup, NM501(c)(3)Community DevelopmentEIN 86-0817608Revenue $3.7M in FY2024

On file with the IRSnavajopartnershipforhousing.com1664 S Second St, 87301-5817 · Gallup, NMTax-exempt since Jun 1996Publicly supported charity — 170(b)(1)(A)(vi)

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Native Partnership for Housing strives to empower families and individuals to become successful homeowners and tenants, while we build homes and contribute to community economic development.

501(c)(3) charity; gifts are tax-deductible.
5¢ of each $1 spent went to programs.
Run by 6 volunteers and 8 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · 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
1 of 5
filings with a surplus
Average deficit $211K a year · 14% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
5%
of spending
Concern: 5% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$256K
to officers and key staff · 19% of spending
Top officer’s pay lower than 53% of similar orgs
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
21 mo
of spending, in cash
Looks good: 20.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $3.0M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.7M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.7M
+542% vs prior year
Spent
$1.3M
To programs
5%
Net assets
$782K
By yearFY2020–FY2024
Revenue
$3.7M
FY2024▲ +542%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.3M
FY2021$1.1M
FY2022$1.0M
FY2023$572K
FY2024$3.7M
Expenses
$1.3M
FY2024▼ -34%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.8M
FY2021$1.9M
FY2022$1.7M
FY2023$2.0M
FY2024$1.3M
Net assets
$782K
FY2024▲ +150%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$944K
FY2022$233K
FY2023−$1.6M
FY2024$782K

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1996.

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

Where the money goes

5 cents of each dollar spent went to programs.

Program services 5% · $71K Management & general 95% · $1.3M

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

5 people listed on the 990; $256K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$151,163Pt VII · Sec A
$105,329Pt VII · Sec A
Secretary Treasurer
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
President
$0Pt VII · Sec A

Rollin Wood’s $151K as Executive Director is at the 47th percentile of top reported officer pay among 2832 $1–10M community development 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 · 3 named individuals · Part VII

NameFY2024FY2022FY2021FY2020
Rollin Wood$151,163$120,532——
Rollin M Wood——$123,850$119,869
Priscilla Otero$105,329$115,086——

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 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Builds homes and empowers families to become successful homeowners and tenants.

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Provided by the organization

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3 programs · $71K · in their own filed words · FY2023
01

Development services provide home ownership opportunities by helping navajo community members qualify for mortgages. The organization helps families build affordable homes on homesite leases and in subdivisions.

$71Kprogram expense
02

Home buyer education services provide quality home buyer education, consumer credit counseling and budget management education for navajo community members for the purposes of obtaining home ownership.

Pt IX · col B
03

Loan services provide quaility loan packing, prequalification, and loan origination services for navajo community members.

Pt IX · col B

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 · FY2024
Total grants receivedfrom 1 funder$3.0M

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.7M
Ln 12
Gifts and grantsLn 1h$3.8M
Investment incomeLn 3$88K
Fees for servicesLn 2g$54K
Money outPt IX
$1.3M
Ln 25
Programscol B$71K
Managementcol C$1.3M
Owns and owesPt X
$782K
net assets · Ln 32
Cash and savingsLn 1–2$2.3M
Total assetsLn 16$5.5M
LiabilitiesLn 26$4.7M
PeoplePt VI, VII
5
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.8M
Government grantsLn 1e$816K
Fees for servicesLn 2g$54K
Investment incomeLn 3$88K
Total revenueLn 12$3.7M
Assets in detailPt X, end of year
CashLn 1$2.3M
Cash and savings togetherLn 1–2$2.3M
InvestmentsLn 11–13$196K
Land, buildings, equipmentLn 10c$2K
Other assetsLn 15−$90K
Total assetsLn 16$5.5M
LiabilitiesLn 26$4.7M
Net assetsLn 32$782K
OperationsPt I, VI
EmployeesI 58
VolunteersI 66
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$1.1M$2.3M
InvestmentsLn 11–13$194$196K
Land, buildings, equipmentLn 10c$10K$2K
Total assetsLn 16$3.9M$5.5M
LiabilitiesLn 26$5.5M$4.7M
Net assetsLn 32−$1.6M$782K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$256K$256K
Other salaries and wagesLn 7$328K$328K
Other employee benefitsLn 9$19K$19K
Payroll taxesLn 10$46K$46K
Legal feesLn 11b$49K$49K
Accounting feesLn 11c$76K$76K
Other fees for servicesLn 11g$37K$37K
Advertising and promotionLn 12$4K$4K
Office expensesLn 13$18K$18K
OccupancyLn 16$62K$62K
TravelLn 17$94K$94K
InterestLn 20$69K$58K$10K
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$20K$20K
Other expenses (24a–d)Ln 24$250K$13K$237K
Total functional expensesLn 25$1.3M$71K$1.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.7M$1.3M$2.3M$782K 990 PDF
FY2023 $572K$2.0M−$1.5M−$1.6M 990 PDF
FY2022 $1.0M$1.7M−$716K$233K 990 PDF
FY2021 $1.1M$1.9M−$738K$944K 990 PDF
FY2020 $1.3M$1.8M−$473K$1.7M 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 FY2024 990 (6 parts)
Part I · Summary $3,675,511 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $553,383$3,816,542
I-9 Program service revenuePrior year $76,401$53,831
I-10 Investment incomePrior year $99,594$88,039
I-11 Other revenuePrior year −$156,996−$282,901
I-12 Total revenuePrior year $572,382$3,675,511
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $532,988$649,800
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,504,060$686,021
I-18 Total expensesPrior year $2,037,048$1,335,821
I-19 Revenue less expensesPrior year −$1,464,666$2,339,690
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,675,511 across 7 lines filed
Lines not itemized here account for −$306,412 of total revenue; see the IRS return.
VIII-1e Government grants$816,413
VIII-1f All other contributions, gifts and grants$3,000,129
VIII-1h Total contributions, gifts and grants$3,816,542
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $53,831$53,831
VIII-3 Investment incomeRelated to mission $88,039$88,039
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $23,511$23,511
VIII-12 Total revenueRelated to mission −$141,031 · Unrelated business $0 · Excluded from tax $0$3,675,511
Part IX · Statement of functional expenses $1,335,821 across 15 lines filed
IX-5 Pay of current officers, directors and key staffManagement $256,493$256,493
IX-7 Other salaries and wagesManagement $328,267$328,267
IX-9 Other employee benefitsManagement $18,719$18,719
IX-10 Payroll taxesManagement $46,321$46,321
IX-11b Legal feesManagement $48,649$48,649
IX-11c Accounting feesManagement $76,236$76,236
IX-11g Other fees for servicesManagement $36,749$36,749
IX-12 Advertising and promotionManagement $3,915$3,915
IX-13 Office expensesManagement $18,097$18,097
IX-16 OccupancyManagement $61,982$61,982
IX-17 TravelManagement $93,839$93,839
IX-20 InterestPrograms $58,264 · Management $10,287$68,551
IX-22 Depreciation, depletion and amortizationManagement $8,299$8,299
IX-23 InsuranceManagement $19,991$19,991
IX-24 Other expenses (24a–d)Programs $12,719 · Management $236,994$249,713
IX-25 Total functional expensesPrograms $70,983 · Management $1,264,838 · Fundraising $0$1,335,821
Part X · Balance sheet $5,470,704 assets, 16 lines filed
Asset lines not itemized here account for $2,095,303; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $1,074,197$2,294,577
X-4 Accounts receivable$104,459
X-8 Inventories for sale or useStart of year $861,296$861,296
X-9 Prepaid expenses and deferred chargesStart of year $18,992$8,227
X-10c Land, buildings and equipment, netStart of year $9,851$1,552
X-13 Program-related investmentsStart of year $194$195,573
X-15 Other assetsStart of year $104,079−$90,283
X-16 Total assetsStart of year $3,897,557$5,470,704
X-17 Accounts payable and accrued expensesStart of year $143,098$120,995
X-19 Deferred revenueStart of year $2,331,344$1,507,017
X-24 Unsecured notes and loans payableStart of year $1,566,179$1,399,512
X-25 Other liabilitiesStart of year $1,404,601$1,657,898
X-26 Total liabilitiesStart of year $5,455,535$4,688,992
X-27 Net assets without donor restrictionsStart of year −$1,557,978$781,712
X-32 Total net assets or fund balancesStart of year −$1,557,978$781,712
X-33 Total liabilities and net assetsStart of year $3,897,557$5,470,704
Part XI · Reconciliation of net assets $781,712 net assets at year end
XI-1 Total revenue$3,675,511
XI-2 Total expenses$1,335,821
XI-3 Revenue less expenses$2,339,690
XI-4 Net assets at start of year−$1,557,978
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$781,712

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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