Citysquare Housing
- Assets
- $12.5m
- Revenue
- $679.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Dallas, TX
- Founding
- 05/2002
- Data as of
- 12/2021
- EIN
- 75-2948028
Organization Overview
Citysquare Housing is located in Dallas, TX. The organization was established in 2002. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Citysquare Housing employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Citysquare 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, Citysquare Housing generated $679.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. 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
ENHANCE COMMUNITIES AND ESTABLISH ECONOMIC OPPORTUNITIES IN DALLAS, TEXAS THROUGH THE DEVELOPMENT OF AFFORDABLE WORKFORCE HOUSING AND PERMANENT SUPPORTIVE HOUSING FOR THE FORMERLY HOMELESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED 583 AFFORDABLE HOUSING UNITS INCLUDING 50 HOMELESS HOUSING UNITS IN DALLAS, TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Millner CFO | Officer | 55 | $225,450 |
Chad Baker Executive Director | Officer | 45 | $112,755 |
John Greenan President | OfficerTrustee | 40 | $91,587 |
Larry James Board Member | Trustee | 2 | $0 |
Kris Oliver Board Member | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
D&l Entertainment Services Security | 12/30/18 | $107,619 |
Armanino Llp Audit & Tax | 12/30/18 | $104,999 |
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 | $108,058 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,058 |
| Total Program Service Revenue | $529,053 |
| Investment income | $42,600 |
| 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 | $679,711 |
| 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. | $345,322 |
| Compensation of current officers, directors, key employees. | $140,980 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $101,253 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,209 |
| Fees for services: Accounting | $53,771 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $28,898 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,409 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $83,918 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $273,461 |
| Insurance | $67,223 |
| All other expenses | $122,605 |
| Total functional expenses | $2,653,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $572,607 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,967,777 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,002,942 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,175 |
| Net Land, buildings, and equipment | $8,857,083 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | -$947,181 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,456,403 |
| Accounts payable and accrued expenses | $269,637 |
| 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 | $2,826,420 |
| Unsecured mortgages and notes payable | $2,991,509 |
| Other liabilities | $2,083 |
| Total liabilities | $6,089,649 |
| Net assets without donor restrictions | $6,366,754 |
| 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 | $12,456,403 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Citysquare Housing has recieved totaling $87,000.
| Awarding Organization | Amount |
|---|---|
Citysquare Dallas, TX PURPOSE: GENERAL SUPPORT | $87,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mississippi County Arkansas Economic Opportunity Commission In Blytheville, AR | $4,387,153 | $19,452,667 |
Saisd Historic Preservation Corporation San Antonio, TX | $3,795,273 | $2,962,141 |
Central Oklahoma Workforce Investment Board Inc Oklahoma City, OK | $3,420,947 | $10,316,235 |
Whole Planet Foundation Austin, TX | $10,584,602 | $6,202,281 |
Frazier Revitalization Inc Dallas, TX | $12,774,298 | $14,569,658 |
Corpus Christi Area Convention And Tourist Bureau Inc Corpus Christi, TX | $2,305,137 | $5,577,829 |
Edinburg Economic Development Corporation Edinburg, TX | $67,135,031 | $9,281,578 |
Market Lubbock Economic Development Corporation Lubbock, TX | $8,726,484 | $8,303,064 |
Lubbock Economic Development Alliance Inc Lubbock, TX | $29,508,777 | $13,680,218 |
Northwest Arkansas Economic Development District Inc Harrison, AR | $3,285,809 | $5,390,544 |
Mcallen Economic Development Corporation Mcallen, TX | $25,789,547 | $5,490,638 |
Greater Brownsville Incentives Corporation Brownsville, TX | $32,068,237 | $6,507,551 |