Bernalillo County Affordable Housing Non-Profit
- Assets
- $10.1m
- Revenue
- $662.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 09/2017
- Data as of
- 06/2021
- EIN
- 81-5458014
Organization Overview
Bernalillo County Affordable Housing Non-Profit is located in Albuquerque, NM. The organization was established in 2017. 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. Bernalillo County Affordable Housing Non-Profit 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, Bernalillo County Affordable Housing Non-Profit generated $662.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (24.5%) each year. All expenses for the organization totaled $617.7k 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
PROVIDE HOUSING TO LOW INCOME AND VERY LOW INCOME, DISABLED AND ELDERLY MEMBERS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFUL LEASE UP OF 75 SENIOR AND DISABLED MULTIFAMILY UNITS.
SUCCESSFUL PARTNERSHIP WITH CARPENTER'S UNION TO FURTHER HOUSING ACROSS BERNALILLO COUNTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Michael Quezada Vice Chair | OfficerTrustee | 0.25 | $0 |
Charlene E Pyskoty Chair | OfficerTrustee | 0.25 | $0 |
Betty Valdez Executive Director | Officer | 5 | $0 |
Debbie O'malley Board Member | Trustee | 0.25 | $0 |
Adriann Barboa Board Member | Trustee | 0.25 | $0 |
Walt Benson Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,000 |
| 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 | $75,000 |
| Total Program Service Revenue | $577,583 |
| Investment income | $7,857 |
| 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 | $662,765 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $267,795 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,541 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,249 |
| Advertising and promotion | $64 |
| Office expenses | $11,408 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,553 |
| 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 | $155,134 |
| Insurance | $12,675 |
| All other expenses | $0 |
| Total functional expenses | $617,667 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,196,148 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $537 |
| 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 | $0 |
| Net Land, buildings, and equipment | $885,809 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,082,494 |
| Accounts payable and accrued expenses | $45,328 |
| 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 | $930,957 |
| Total liabilities | $976,285 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $8,130,620 |
| Paid-in or capital surplus, or land, building, or equipment fund | $885,809 |
| Retained earnings, endowment, accumulated income, or other funds | $89,780 |
| Total liabilities and net assets/fund balances | $10,082,494 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Of Scottsdale Municipal Property Corp Scottsdale, AZ | $479,997,584 | $48,828,086 |
Mercy Housing California Denver, CO | $227,832,939 | $51,666,218 |
Texas Health Presbyterian Hospital Kaufman Kaufman, TX | $17,114,303 | $46,511,695 |
Northeast Denver Housing Center Inc Denver, CO | $58,407,194 | $39,072,373 |
Mercy Housing Inc Denver, CO | $121,949,049 | $44,644,651 |
Crossroads Housing Development Corporation Big Spring, TX | $1,430,723 | $31,698,100 |
Mercy Housing Lakefront Denver, CO | $45,086,430 | $37,545,157 |
Foundation Communities Inc Austin, TX | $201,792,213 | $44,085,347 |
Austin Affordable Housing Corporation Austin, TX | $189,492,836 | $40,972,198 |
Foundation Communities Austin, TX | $78,215,940 | $25,689,954 |
Tcc Hill Country Development Corporation Austin, TX | $11,234,408 | $22,073,361 |
Brothers Redevelopment Inc Edgewater, CO | $28,566,111 | $21,890,998 |