La Puente Housing Corporation
- Assets
- $5.6m
- Revenue
- $534.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Alamosa, CO
- Founding
- 12/1978
- Data as of
- 06/2021
- EIN
- 84-0799121
Organization Overview
La Puente Housing Corporation is located in Alamosa, CO. The organization was established in 1978. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, LA Puente Housing Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Puente Housing Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, LA Puente Housing Corporation generated $534.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $193.7k during the year ending 06/2021. While expenses have increased by 12.5% per year over the past 6 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 TRANSITIONAL AND LOW COST HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE TRANSITIONAL AND LOW-COST HOUSING TO ENABLE PERSONS TO AVOID BECOMING HOMELESS AND TO ASSIST IN THEIR TRANSITION BACK TO WORK, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chet Choman President | OfficerTrustee | 1 | $0 |
Lance Cheslock Executive Dir. | Officer | 1 | $0 |
Doug Camp Member | Trustee | 1 | $0 |
Eric Vanlwarden Member | Trustee | 1 | $0 |
Jason Vigil Member | Trustee | 1 | $0 |
Elise Rudolph Member | Trustee | 1 | $0 |
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 | $545,081 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $545,081 |
| Total Program Service Revenue | $0 |
| Investment income | $107 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$86,757 |
| Net Gain/Loss on Asset Sales | $3,350 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $533,955 |
| 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 | $148,872 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $12,918 |
| Payroll taxes | $17,232 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $276 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $193,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $343,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $405,166 |
| 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 | $16,905 |
| Net Land, buildings, and equipment | $4,809,130 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,980 |
| Total assets | $5,626,674 |
| Accounts payable and accrued expenses | $24,953 |
| Grants payable | $0 |
| Deferred revenue | $301,010 |
| 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 | $579,792 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $27,769 |
| Total liabilities | $933,524 |
| Net assets without donor restrictions | $3,480,466 |
| Net assets with donor restrictions | $1,212,684 |
| 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 | $5,626,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Colorado Coalition For The Homeless Denver, CO | $156,626,043 | $115,127,641 |
Mercy Housing Management Group Inc Denver, CO | $93,683,414 | $22,186,196 |
Community Action Services And Food Bank Inc Provo, UT | $5,489,511 | $12,482,140 |
Albuquerque Health Care For The Homeless Inc Albuquerque, NM | $9,726,634 | $8,408,602 |
Shelter The Homeless Committee Inc Salt Lake City, UT | $80,598,080 | $5,255,300 |
Youth On Their Own Tucson, AZ | $15,056,651 | $5,729,576 |
The Inn Between Salt Lake City, UT | $5,928,190 | $2,354,240 |
Steelbridge Ministries Albuquerque, NM | $4,191,258 | $2,008,143 |
Casa De Peregrinos Inc Las Cruces, NM | $1,546,785 | $1,701,397 |
Interfaith Hospitality Network Of Colorado Springs Colorado Springs, CO | $529,555 | $1,413,360 |
Hope-Homeless Outreach Providing Encouragement Longmont, CO | $552,586 | $1,213,052 |
Arizona Housing Coalition Phoenix, AZ | $1,512,847 | $1,145,152 |