Trellis is located in Phoenix, AZ. The organization was established in 1975. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Trellis employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Trellis 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 12/2022, Trellis generated $2.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.2%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRELLIS IS DEDICATED TO MAKING STABLE HOMES AND COMMUNITIES POSSIBLE BY EDUCATING, BUILDING AND LENDING. IN 2022, TRELLIS CREATED 183 FIRST-TIME HOMEOWNERS; COUNSELED 425 HOUSEHOLDS; EDUCATED 321 HOUSEHOLDS; DEVELOPED 20 SINGLE-FAMILY HOMES; AND PROVIDED 74 HOUSEHOLDS WITH MORTGAGE LOANS.
Describe the Organization's Program Activity:
LOAN AND LENDING SERVICES - TRELLIS IS A LICENSED MORTGAGE BANK IN THE STATE OF ARIZONA AND A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPROVED SECONDARY LENDER. TRELLIS ORIGINATES AND SERVICES FIRST AND SECOND MORTGAGE LOANS AND DOWN PAYMENT/CLOSING COST ASSISTANCE. TRELLIS DEVELOPS AND/OR ADMINISTERS SPECIAL MORTGAGE PROGRAMS DESIGNED TO MEET THE CREDIT NEEDS OF ALL BORROWERS, PARTICULARLY LOW-TO-MODERATE INCOME BORROWERS. LOAN TERMS MAY VARY FROM CONVENTIONAL INTEREST-BEARING, FULLY-AMORTIZING LOANS TO FULLY-FORGIVABLE LOANS THAT SUBSIDIZE HOME PURCHASES.
OTHER PROGRAM SERVICES SERVE THE FOLLOWING NEEDS: -LA CIUDAD - TO OWN AND MANAGE THE ORGANIZATION'S CORPORATE OFFICE BUILDING-TRELLIS REALTY - TO SELL PROPERTIES OWNED BY TRELLIS, ASSIST CLIENTS IN SELLING AND PURCHASING PROPERTIES NOT OWNED BY TRELLIS AND LIST PROPERTIES OWNED BY THE CITY OF PHOENIX FOR SALE TO FIRST TIME HOMEBUYERS.
HOMEBUYER EDUCATION, COUNSELING AND FINANCIAL COACHING - TRELLIS OFFERS ONE-ON-ONE AND PRE- AND POST-PURCHASE HOUSING COUNSELING AND FINANCIAL COACHING; HOMEBUYER EDUCATION ONSITE AND ONLINE; AND CREDIT AND MONEY MANAGEMENT WORKSHOPS IN BOTH ENGLISH AND SPANISH. TRELLIS VOLUNTARILY ADOPTED THE NATIONAL INDUSTRY STANDARDS FOR HOMEOWNERSHIP AND COUNSELING WHICH ESTABLISHES STANDARDS FOR EDUCATION AND COUNSELING SERVICES AND SETS AGENCY TRAINING STANDARDS. TRELLIS HAS THREE HOUSING COUNSELORS WHO MEET THE EXPANDED DODD-FRANK HUD COUNSELOR CERTIFICATION.
COMMUNITY BUILDING AND ENGAGEMENT - TO SUPPORT SMALL BUSINESS AND RESIDENT ENGAGEMENT, LEADERSHIP, AND PARTICIPATION IN THE REVITALIZATION OF A LOCAL COMMERCIAL CORRIDOR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Montes Gina Director | Trustee | 1 | $0 |
Chin Foo Angelo Director | Trustee | 1 | $0 |
Faussette Summer Director (thru 10/05/2022) | Trustee | 1 | $0 |
Roberts Cyndi Director | Trustee | 1 | $0 |
O'connell Tim Director | Trustee | 1 | $0 |
Longoria David Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
August Building Company Construction | 12/30/16 | $503,753 |
Rio Grande Concrete Services Construction And Concrete | 12/30/16 | $106,580 |
K & Mr Llc Dba Aaa Cooling Specialists Air Conditioning Contracting | 12/30/16 | $109,236 |
Statement of Revenue | |
---|---|
Federated campaigns | $2,580 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $429,681 |
All other contributions, gifts, grants, and similar amounts not included above | $1,303,035 |
Noncash contributions included in lines 1a–1f | $377,790 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,735,296 |
Total Program Service Revenue | $560,758 |
Investment income | $222 |
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 | $2,874,307 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $150,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $265,045 |
Compensation of current officers, directors, key employees. | $222,438 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,357,554 |
Pension plan accruals and contributions | $28,131 |
Other employee benefits | $95,257 |
Payroll taxes | $137,681 |
Fees for services: Management | $0 |
Fees for services: Legal | $11,347 |
Fees for services: Accounting | $55,306 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $321,295 |
Advertising and promotion | $14,768 |
Office expenses | $60,667 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,989 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $110,190 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $84,475 |
Insurance | $64,762 |
All other expenses | $0 |
Total functional expenses | $2,986,394 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,741,016 |
Savings and temporary cash investments | $152,028 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $82,926 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,938,760 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $86,419 |
Net Land, buildings, and equipment | $1,953,874 |
Investments—publicly traded securities | $0 |
Investments—other securities | $156,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,341,903 |
Total assets | $15,452,926 |
Accounts payable and accrued expenses | $1,929,033 |
Grants payable | $0 |
Deferred revenue | $376,973 |
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 | $3,294,113 |
Other liabilities | $190,235 |
Total liabilities | $5,790,354 |
Net assets without donor restrictions | $8,266,618 |
Net assets with donor restrictions | $1,395,954 |
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 | $15,452,926 |