Wellington Community Housing
- Assets
- $560.9k
- Revenue
- $209.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Collins, CO
- Founding
- Data as of
- 12/2021
- EIN
- 87-2022253
Organization Overview
Wellington Community Housing is located in Fort Collins, CO. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wellington Community Housing is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND LOW-INCOME FAMILIES OF WELLINGTON, COLORADO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND LOW-INCOME FAMILIES OF WELLINGTON, COLORADO. THE ORGANIZATION OWNS AND OPERATES FORTY-TWO DWELLING UNITS IN WELLINGTON, COLORADO UNDER HUD'S SECTION 8 PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mishie Daknis President | OfficerTrustee | 1 | $0 |
Julie Brewen CEO | Officer | 1 | $0 |
Tonya Frammolino CFO | Officer | 1 | $0 |
Bob Novascone Director | Trustee | 1 | $0 |
Amy Comstock-Combs Director | Trustee | 1 | $0 |
Troy Hamman Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $209,894 |
| Investment income | $2 |
| 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 | $209,896 |
| 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 | $17,506 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,906 |
| Fees for services: Management | $18,053 |
| Fees for services: Legal | $595 |
| Fees for services: Accounting | $8,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,949 |
| Advertising and promotion | $0 |
| Office expenses | $1,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,419 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,795 |
| Insurance | $9,302 |
| All other expenses | $879 |
| Total functional expenses | $184,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,451 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,523 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,947 |
| Net Land, buildings, and equipment | $473,008 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $560,929 |
| Accounts payable and accrued expenses | $21,115 |
| Grants payable | $0 |
| Deferred revenue | $5,311 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $12,411 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,837 |
| Net assets without donor restrictions | $522,092 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $560,929 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Irc Ii Inc Omaha, NE | $77,092,812 | $15,244,348 |
Mercy Housing Wheaton Nfp Denver, CO | -$15,968,467 | $14,335,053 |
Rocky Mountain Mutual Housing Association Inc Denver, CO | $89,135,511 | $15,318,775 |
Equality Community Housing Corporation Glendale, AZ | $43,109,186 | $12,960,879 |
Mercy Housing Northwest Denver, CO | $73,547,369 | $9,509,795 |
Ark Regional Services Inc Laramie, WY | $4,970,092 | $7,518,317 |
Community Housing Concepts Inc Denver, CO | $87,603,673 | $7,035,643 |
Community Resources & Housing Development Corporation Westminster, CO | $39,546,722 | $6,041,584 |
Elevation Community Land Trust Denver, CO | $49,445,560 | $8,122,320 |
Residences At Eaton Senior Communities Lakewood, CO | $12,361,716 | $4,288,663 |
Arizona Housing Inc Phoenix, AZ | $15,313,221 | $3,724,119 |
Thistle Community Housing Boulder, CO | $53,794,788 | $7,131,075 |