Funding Partners for Housing Solutions
- Assets
- $9.9m
- Revenue
- $741.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Fort Collins, CO
- Founding
- Data as of
- 12/2017
- EIN
- 84-1352870
Organization Overview
Funding Partners for Housing Solutions is located in Fort Collins, CO. As of 12/2017, Funding Partners for Housing Solutions employed 6 individuals. Funding Partners for Housing Solutions is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2017, Funding Partners for Housing Solutions generated $741.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $542.7k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE RESOURCES FOR AFFORDABLE HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED EDUCATION AND SHORT-TERM FUNDING TOWARDS THE FURTHERANCE OF AFFORDABLE HOUSING IN COLORADO. PROVIDED DOWNPAYMENT LOANS TO LOW TO MODERATE INCOME HOME BUYERS. PROVIDED CONSTRUCTION LOANS FOR LOW TO MODERATE INCOME MULTI-FAMILY HOUSING DEVELOPMENTS.
PROVIDE TECHNICAL ASSISTANCE PRIMARILY TO NON-PROFIT ORGANIZATIONS THAT HAVE LIMITED EXPERIENCE WITH REAL ESTATE DEVELOPMENT AND FINANCING.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Horton Vice President | OfficerTrustee | 0.5 | $0 |
Diane Leavesley Treasurer | OfficerTrustee | 1 | $0 |
Debra Gray President | OfficerTrustee | 1 | $0 |
Stefka Fanchi Secretary | OfficerTrustee | 1 | $0 |
Sean Doherty Executive Director | Officer | 40 | $0 |
Khanh Nguyen Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,259 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,259 |
| Total Program Service Revenue | $641,722 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $204,459 |
| Pension plan accruals and contributions | $4,792 |
| Other employee benefits | $12,017 |
| Payroll taxes | $15,792 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,380 |
| Advertising and promotion | $1,800 |
| Office expenses | $13,497 |
| Information technology | $5,215 |
| Royalties | $0 |
| Occupancy | $30,593 |
| Travel | $8,139 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $120,754 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,455 |
| Insurance | $2,400 |
| All other expenses | $0 |
| Total functional expenses | $542,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,816,841 |
| Savings and temporary cash investments | $2,448,318 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,078 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,064,023 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $40,844 |
| Net Land, buildings, and equipment | $7,260 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $541,857 |
| Total assets | $9,929,221 |
| Accounts payable and accrued expenses | $303,555 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $7,909 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $3,071,177 |
| Other liabilities | $4,985,156 |
| Total liabilities | $8,367,797 |
| Unrestricted restricted net Assets | $1,561,424 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,561,424 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Deep East Texas Electric Co-Operative Inc San Augustine, TX | $258,283,792 | $99,942,050 |
University Development Foundation Woodland, CA | $499,472 | $124,731 |
Avera St Marys Pierre, SD | $117,040,382 | $106,933,224 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Plan De Salud Del Valle Inc Fort Lupton, CO | $84,737,500 | $104,985,059 |
Community Development Institute Head Start Denver, CO | $4,503,361 | $99,466,958 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Translational Genomics Research Institute Phoenix, AZ | $224,233,974 | $175,687,790 |
Central Valley General Hospital Hanford, CA | $0 | $118,529,798 |
Ach Child And Family Services Fort Worth, TX | $163,813,747 | $98,425,348 |