Central Coast Housing
- Assets
- $5.2m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 11/1986
- Data as of
- 12/2021
- EIN
- 77-0117473
Organization Overview
Central Coast Housing is located in Denver, CO. The organization was established in 1986. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Central Coast 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, Central Coast Housing generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 56.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 41.4% per year over the past 7 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 PROVIDE AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITIES TO LOW-INCOME RESIDENTS IN SANTA CRUZ COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION'S EXEMPT FUNCTION AND PURPOSE IS TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME FAMILIES. IT IDENTIFIES AND ACTS AS PRIMARY DEVELOPER OF HOUSING. IT RECEIVES FEES AS OTHER REVENUE FOR ITS SERVICES AS WELL AS OPERATING A LOW INCOME HOUSING PROJECT.
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 |
|---|---|---|---|
Doug Shoemaker President/director | OfficerTrustee | 1 | $0 |
Rick Sprague Vice President/director | OfficerTrustee | 1 | $0 |
Barbara Gualco Vice President | Officer | 1 | $0 |
Joe Rosenblum Secretary | Officer | 1 | $0 |
Rich Ciraulo Vice President | Officer | 1 | $0 |
Melissa Clayton Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $421,681 |
| 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 | $421,681 |
| Total Program Service Revenue | $812,391 |
| Investment income | $5,060 |
| 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 | $1,239,132 |
| 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 | $201,854 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $90,911 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $438,146 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $362,248 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,215,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $383,603 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,547 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,022 |
| Net Land, buildings, and equipment | $3,732,051 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | -$189,532 |
| Intangible assets | $0 |
| Other assets | $1,205,531 |
| Total assets | $5,170,222 |
| Accounts payable and accrued expenses | $66,859 |
| Grants payable | $0 |
| Deferred revenue | $28,568 |
| 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 | $5,456,601 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $428,347 |
| Total liabilities | $5,980,375 |
| Net assets without donor restrictions | -$810,153 |
| 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 | $5,170,222 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brothers Redevelopment Inc Edgewater, CO | $28,566,111 | $21,890,998 |
Habitat For Humanity International Inc Omaha, NE | $36,900,454 | $19,457,975 |
Habitat For Humanity International Inc Tulsa, OK | $20,375,468 | $13,816,169 |
South Of Market Mercy Housing Denver, CO | $1,397,293 | $161,294 |
Mccalls Community Homes Inc Ada, OK | $3,788,949 | $9,810,630 |
Western Region Nonprofit Housing Corporation Salt Lake City, UT | $76,676,954 | $12,236,656 |
Habitat For Humanity Tucson Inc Tucson, AZ | $32,170,830 | $10,758,994 |
Habitat For Humanity International Inc Glenwood Springs, CO | $10,815,473 | $6,555,105 |
Utah Nonprofit Housing Corporation Salt Lake City, UT | $66,026,062 | $36,661,110 |
Mercy Housing South East Denver, CO | $32,176,710 | $9,687,514 |
Save The Family Foundation Of Arizona Mesa, AZ | $6,981,907 | $8,677,083 |
Pikes Peak Habitat For Humanity Inc Colorado Springs, CO | $13,774,284 | $6,271,945 |