Citysquare Housing
- Assets
- $11.3m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Dallas, TX
- Founding
- 05/2002
- Data as of
- 12/2022
- 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 12/2022, Citysquare Housing employed 4 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 12/2022, Citysquare Housing generated $2.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 5.6% per year over the past 5 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
2022
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.
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 |
|---|---|---|---|
Larry James Board Member | Trustee | 2 | $0 |
Robert Voelker Board Member | Trustee | 1 | $0 |
Madeline Reddy Interim Executive Director | Officer | 12 | $0 |
Tom Millner CFO | Officer | 55 | $188,475 |
Kris Oliver Executive Director & Board Member | 4 | $0 | |
John Greenan Board Member & Consultant | 13 | $67,500 |
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 | $24,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,150 |
| Total Program Service Revenue | $681,872 |
| 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 | $2,778,452 |
| 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. | $432,474 |
| Compensation of current officers, directors, key employees. | $256,221 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,138 |
| Fees for services: Accounting | $53,950 |
| 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 | $29,451 |
| 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 | $82,975 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $224,512 |
| Insurance | $65,118 |
| All other expenses | $161,364 |
| Total functional expenses | $2,307,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,277 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,185,396 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,039,530 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,797 |
| Net Land, buildings, and equipment | $8,066,679 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | -$1,082,898 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $11,287,781 |
| Accounts payable and accrued expenses | $600,788 |
| 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 | $2,802,571 |
| Unsecured mortgages and notes payable | $1,040,150 |
| Other liabilities | $6,510 |
| Total liabilities | $4,450,019 |
| Net assets without donor restrictions | $6,837,762 |
| 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 | $11,287,781 |