Humangood Affordable Housing
- Assets
- $148.6m
- Revenue
- $18.6m
- Investments
- $10.0k
- Employees
- 0
- Location
- Duarte, CA
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 94-3085296
Organization Overview
Humangood Affordable Housing is located in Duarte, CA. The organization was established in 1994. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Humangood Affordable Housing 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 12/2021, Humangood Affordable Housing generated $18.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $9.9m during the year ending 12/2021. While expenses have increased by 15.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVOCATE FOR, DEVELOP AND OPERATE QUALITY HOUSING AND SERVICES FOR THE AGING AND OTHER PEOPLE WITH LIMITED RESOURCES AND/OR DISABILITIES, ENABLING THEM TO THRIVE IN A POSITIVE, AFFORDABLE AND SUPPORTIVE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RENTAL HOUSING AND RELATED FACILITIES AND SERVICES TO LOW INCOME ELDERLY INDIVIDUALS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Stamper Chair | OfficerTrustee | 0.5 | $0 |
John Cochrane Chief Executive Officer | Officer | 0 | $0 |
Min Fleming Meng Chief Information Officer | Officer | 0 | $0 |
Daniel Ogus Chief Operations Officer | Officer | 0 | $0 |
Pamela Claassen Former CFO To 12/19 / Executive Consultant | Officer | 0 | $0 |
Ancel Romero President Ah Thru 1/3/21 | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,012,500 |
| 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 | $4,012,500 |
| Total Program Service Revenue | $11,647,930 |
| Investment income | $3,115,388 |
| 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 | $18,596,465 |
| 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 | $6,109,667 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $979,808 |
| Payroll taxes | $425,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,780 |
| Fees for services: Accounting | $75,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,449 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,930 |
| Office expenses | $842,191 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $174,687 |
| Travel | $576,778 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $45,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,150 |
| Insurance | $0 |
| All other expenses | $587,355 |
| Total functional expenses | $9,872,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,925,612 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,838,329 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $107,059,740 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $600 |
| Net Land, buildings, and equipment | $40,784 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,980 |
| Investments—program-related | $1,308,296 |
| Intangible assets | $2,109,162 |
| Other assets | $3,279,419 |
| Total assets | $148,571,922 |
| Accounts payable and accrued expenses | $4,385,928 |
| Grants payable | $0 |
| Deferred revenue | $1,237,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $25,061,387 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,684,815 |
| Net assets without donor restrictions | $117,887,107 |
| 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 | $148,571,922 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Humangood Affordable Housing has recieved totaling $21,500.
| Awarding Organization | Amount |
|---|---|
Leadingage California Foundation Sacramento, CA PURPOSE: TO SUPPORT FELLOW 501(C)(3) ORGANIZATION IN HELPING OLDER ADULTS TO OBTAIN THE COVID VACCINATION. | $15,000 |
Barton Healthcare System South Lake Tahoe, CA PURPOSE: COMMUNITY GRANT | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rose Villa Inc Portland, OR | $178,624,912 | $20,737,089 |
Terwilliger Plaza Inc Portland, OR | $106,881,043 | $19,753,070 |
Palolo Chinese Home Honolulu, HI | $34,098,800 | $20,295,958 |
Friendsview Manor Newberg, OR | $69,864,265 | $15,837,123 |
Holly Hill Rhf Housing Inc Long Beach, CA | $13,821,718 | $11,879,105 |
La Loma Senior Living Services Inc Sun City West, AZ | $72,446,554 | $11,270,644 |
Yellowwood Acres Inc Long Beach, CA | $7,846,822 | $12,102,823 |
Lincoln Glen Manor & Intermediate Care San Jose, CA | $25,233,259 | $13,859,036 |
Arizona Retirement Centers Inc Sierra Winds Life Care Community Peoria, AZ | $31,961,746 | $16,129,321 |
Bixby Knolls Towers Inc Long Beach, CA | $14,435,644 | $11,967,335 |
Solvang Lutheran Home Inc Solvang, CA | $35,503,006 | $14,433,691 |
Lifestream Complete Senior Living Inc Youngtown, AZ | $29,507,597 | $16,070,486 |