North Valley Housing Trust
- Assets
- $620.5k
- Revenue
- $126.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Chico, CA
- Founding
- 11/2015
- Data as of
- 06/2021
- EIN
- 47-4932975
Organization Overview
North Valley Housing Trust is located in Chico, CA. The organization was established in 2015. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, 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. North Valley Housing Trust 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 06/2021, North Valley Housing Trust generated $126.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $56.5k during the year ending 06/2021. 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
FACILITATE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
- SECURED AN EXTENSION WITH HCD TO CONTINUE TO SECURE MATCHING FUNDS AND DRAW DOWN CA HCD GRANT AWARD AND COMMIT TO A LOAN WITH AFFORDABLE HOUSING DEVELOPER COMMUNITY HOUSING IMPROVEMENT PROGRAM-WORKED WITH THE LOCAL HOUSING TRUST FUND COALITION AT THE STATE LEVEL TO DEVELOP NEW HCD GUIDELINES FOR THE LOCAL HOUSING TRUST FUND GRANT PROGRAM-RAISED FUNDS FOR THE FINANCING OF LOW-INCOME HOUSING PROJECTS-ORGANIZED EDUCATIONAL EVENTS FOR BOTH THE PUBLIC AND FOR AFFORDABLE HOUSING SERVICE PARTNERS, INCLUDING RESPONSES TO CITY REQUESTS FOR PROPOSALS FOR AFFORDABLE HOUSING, EDUCATION ON FUNDING OPPORTUNITIES, AND RECORDED EDUCATIONAL INTERVIEWS WITH LOCAL GOVERNMENT AND DEVELOPMENT PARTNERS -ORGANIZED MULTIPLE STAKEHOLDER MEETINGS FOR THE INVESTIGATION AND DEVELOPMENT OF A COMMUNITY LAND TRUST AS PART OF DISASTER RECOVERY EFFORTS-PARTICIPATED AS SPEAKER OR CONSULTANT FOR MULTIPLE EVENTS AND FORUMS INCLUDING ENLOE MEDICAL CENTERS FORUM ON IMPROVING READINESS, RESP
- SECURED AN EXTENSION WITH HCD TO CONTINUE TO SECURE MATCHING FUNDS AND DRAW DOWN CA HCD GRANT AWARD AND COMMIT TO A LOAN WITH AFFORDABLE HOUSING DEVELOPER COMMUNITY HOUSING IMPROVEMENT PROGRAM-WORKED WITH THE LOCAL HOUSING TRUST FUND COALITION AT THE STATE LEVEL TO DEVELOP NEW HCD GUIDELINES FOR THE LOCAL HOUSING TRUST FUND GRANT PROGRAM-RAISED FUNDS FOR THE FINANCING OF LOW-INCOME HOUSING PROJECTS-ORGANIZED EDUCATIONAL EVENTS FOR BOTH THE PUBLIC AND FOR AFFORDABLE HOUSING SERVICE PARTNERS, INCLUDING RESPONSES TO CITY REQUESTS FOR PROPOSALS FOR AFFORDABLE HOUSING, EDUCATION ON FUNDING OPPORTUNITIES, AND RECORDED EDUCATIONAL INTERVIEWS WITH LOCAL GOVERNMENT AND DEVELOPMENT PARTNERS -ORGANIZED MULTIPLE STAKEHOLDER MEETINGS FOR THE INVESTIGATION AND DEVELOPMENT OF A COMMUNITY LAND TRUST AS PART OF DISASTER RECOVERY EFFORTS-PARTICIPATED AS SPEAKER OR CONSULTANT FOR MULTIPLE EVENTS AND FORUMS INCLUDING ENLOE MEDICAL CENTERS FORUM ON IMPROVING READINESS, RESP
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $126,215 |
| 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 | $126,215 |
| Total Program Service Revenue | $0 |
| 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 | $126,215 |
| 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 | $36,205 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,753 |
| 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 | $0 |
| Advertising and promotion | $312 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $983 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$186 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,306 |
| All other expenses | $0 |
| Total functional expenses | $56,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $320,486 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $300,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $620,486 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $620,486 |
| Total liabilities and net assets/fund balances | $620,486 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that North Valley Housing Trust has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Allstate Foundation Northbrook, IL PURPOSE: AGENT - INDIVIDUAL HH GRANT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bridge Support Corporation San Francisco, CA | $25,734,079 | $2,781,865 |
Homeful Foundation Laguna Hills, CA | $2,776,958 | $819,434 |
Home Forward Development Enterprises Corporation Portland, OR | $46,061,933 | $1,005,830 |
Triad Properties Ventura, CA | $3,165,873 | $407,122 |
Friends Of 40prado San Luis Obispo, CA | $806,443 | $424,234 |
Community Housing Fund Beaverton, OR | $5,722,446 | $513,713 |
San Fernando Housing Foundation Woodland Hills, CA | $455,522 | $168,485 |
Casa Del Mar Inc Encinitas, CA | $125,064 | $256,819 |
Bel Air Housing Foundation Woodland Hills, CA | $443,422 | $200,185 |
Orange County Housing Foundation Woodland Hills, CA | $551,434 | $181,222 |
Palos Verdes Housing Foundation Woodland Hills, CA | $462,351 | $192,039 |
Spirit Of Blue Foundation Wilsonville, OR | $113,910 | $0 |