Access Irvine INC FY2022 filing

Tax-deductible

Warren, MI501(c)(3)EIN 94-3092974Revenue $950K in FY2022

On file with the IRScsi.coop8425 E 12 Mile Rd, 48093-2738 · Warren, MITax-exempt since Oct 1993Publicly supported — 509(a)(2)

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To provide housing facilities for low income senior citizens.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2022 · 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
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
4 of 5
filings with a surplus
Average surplus $125K a year · 12% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
1 mo
of spending, in cash
Fine: 1.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.2M
133% of total assets
Concern: liabilities are 133% of assets; over 80%.
Pt X · Ln 26
Independent board members
10
of 10 voting members
Looks good: 10 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$950K
+3% vs prior year
Spent
$774K
To programs
77%
Net assets
−$790K
By yearFY2021–FY2025
Revenue
$950K
FY2022▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2021$922K
FY2022$950K
FY2023$996K
FY2024$1.0M
FY2025$1.2M
Expenses
$774K
FY2022▼ -23%
Tap a bar for its year
Expenses by fiscal year
FY2021$1.0M
FY2022$774K
FY2023$822K
FY2024$966K
FY2025$933K
Net assets
−$790K
FY2022▲ +18%
Tap a bar for its year
Net assets by fiscal year
FY2021−$965K
FY2022−$790K
FY2023−$617K
FY2024−$539K
FY2025−$256K

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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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 ruling in Oct 1993.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $599K Management & general 23% · $175K

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

21 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 President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Access Irvine 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 15aYes

Programs and updates

Offers housing for low-income senior citizens.

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Provided by the organization

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1 program · $599K · in their own filed words · FY2021
01

Access irvine, inc. Is a california non-profit housing corporation organized on a non-stock basis by cooperative services, inc., a michigan non-profit cooperative. The corporation was formed in december 1988 to acquire an interest in real property located in irvine, california and to construct and operate thereon an apartment project of…

$599Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$950K
Ln 12
Gifts and grantsLn 1h$765K
Fees for servicesLn 2g$182K
Other incomeLn 4–11$1K
Money outPt IX
$774K
Ln 25
Programscol B$599K
Managementcol C$175K
Owns and owesPt X
−$790K
net assets · Ln 32
Cash and savingsLn 1–2$71K
Total assetsLn 16$2.4M
LiabilitiesLn 26$3.2M
PeoplePt VI, VII
21
listed · VII A
PaidVII A0
Voting boardVI 1a10
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$765K
Government grantsLn 1e$765K
Fees for servicesLn 2g$182K
Investment incomeLn 3$577
Other incomeLn 4–11$1K
Total revenueLn 12$950K
Assets in detailPt X, end of year
CashLn 1$71K
Cash and savings togetherLn 1–2$71K
InvestmentsLn 11–13$514K
Land, buildings, equipmentLn 10c$1.7M
Other assetsLn 15$2K
Total assetsLn 16$2.4M
LiabilitiesLn 26$3.2M
Net assetsLn 32−$790K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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$91K$71K
InvestmentsLn 11–13$419K$514K
Land, buildings, equipmentLn 10c$1.7M$1.7M
Total assetsLn 16$2.3M$2.4M
LiabilitiesLn 26$3.3M$3.2M
Net assetsLn 32−$965K−$790K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$41K$41K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$7K$7K
Advertising and promotionLn 12$40$40
Office expensesLn 13$58K$58K
OccupancyLn 16$234K$234K
InterestLn 20$85K$85K
Depreciation, depletion and amortizationLn 22$90K$90K
InsuranceLn 23$34K$34K
Other expenses (24a–d)Ln 24$222K$156K$66K
Total functional expensesLn 25$774K$599K$175K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$933K$284K−$256K 990 PDF
FY2024 $1.0M$966K$77K−$539K 990 PDF
FY2023 $996K$822K$173K−$617K 990 PDF
FY2022 Viewing $950K$774K$175K−$790K 990 PDF
FY2021 $922K$1.0M−$85K−$965K 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 $949,514 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $746,435$765,031
I-9 Program service revenuePrior year $174,130$182,414
I-10 Investment incomePrior year $157$577
I-11 Other revenuePrior year $893$1,492
I-12 Total revenuePrior year $921,615$949,514
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,006,127$774,146
I-18 Total expensesPrior year $1,006,127$774,146
I-19 Revenue less expensesPrior year −$84,512$175,368
Part VI · Governance 10 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members10
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 $949,514 across 6 lines filed
VIII-1e Government grants$765,031
VIII-1h Total contributions, gifts and grants$765,031
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $182,414$182,414
VIII-3 Investment incomeExcluded from tax $577$577
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,492$1,492
VIII-12 Total revenueRelated to mission $182,414 · Unrelated business $0 · Excluded from tax $2,069$949,514
Part IX · Statement of functional expenses $774,146 across 10 lines filed
IX-11a Management feesManagement $41,369$41,369
IX-11b Legal feesManagement $2,983$2,983
IX-11c Accounting feesManagement $6,540$6,540
IX-12 Advertising and promotionManagement $40$40
IX-13 Office expensesManagement $58,184$58,184
IX-16 OccupancyPrograms $234,051$234,051
IX-20 InterestPrograms $84,853$84,853
IX-22 Depreciation, depletion and amortizationPrograms $89,776$89,776
IX-23 InsurancePrograms $34,081$34,081
IX-24 Other expenses (24a–d)Programs $156,462 · Management $65,807$222,269
IX-25 Total functional expensesPrograms $599,223 · Management $174,923 · Fundraising $0$774,146
Part X · Balance sheet $2,411,600 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $91,081$71,238
X-4 Accounts receivableStart of year $24,289$23,174
X-9 Prepaid expenses and deferred chargesStart of year $4,912$12,988
X-10c Land, buildings and equipment, netStart of year $1,701,072$1,718,441
X-13 Program-related investmentsStart of year $418,908$514,149
X-14 Intangible assetsStart of year $71,976$69,767
X-15 Other assetsStart of year $1,403$1,843
X-16 Total assetsStart of year $2,313,641$2,411,600
X-17 Accounts payable and accrued expensesStart of year $67,553$40,335
X-19 Deferred revenueStart of year $2,708$3,621
X-25 Other liabilitiesStart of year $9,723$21,104
X-26 Total liabilitiesStart of year $3,279,012$3,201,603
X-27 Net assets without donor restrictionsStart of year −$965,371−$790,003
X-32 Total net assets or fund balancesStart of year −$965,371−$790,003
X-33 Total liabilities and net assetsStart of year $2,313,641$2,411,600
Part XI · Reconciliation of net assets −$790,003 net assets at year end
XI-1 Total revenue$949,514
XI-2 Total expenses$774,146
XI-3 Revenue less expenses$175,368
XI-4 Net assets at start of year−$965,371
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$790,003

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

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