Santa Fe Community Housing Tr

Organization Overview

Santa Fe Community Housing Tr is located in Santa Fe, NM. The organization was established in 1992. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Santa Fe Community Housing Tr employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe Community Housing Tr 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, Santa Fe Community Housing Tr generated $3.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $2.5m during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE STATED MISSION OF THE HOUSING TRUST IS TO HELP AFFORDABLE AND ECOLOGICALLY SOUND HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS BECOME A REALITY IN THE CITY AND COUNTY OF SANTA FE ON A LONG TERM BASIS AND TO HELP BRING ABOUT IMPROVED ECONOMIC OPPORTUNTITIES FOR THOSE RECEIVING SERVICES. THE HOUSING TRUST PROVIDES EDUCATION IN THE FORM OF ONE-ON-ONE COUNSELING AND GROUP CLASSES IN THE AREAS OF HOMEBUYER TRAINING, HOME MAINTENANCE, AND PERSONAL FINANCES, INCLUDING FORECLOSURE AVOIDANCE. THE HOUSING TRUST ALSO ASSISTS HOMEBUYERS IN THE REVIEW OF THEIR CLOSING DOCUMENTS AND ATTENDS THE HOME CLOSING WITH THEIR CLIENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2022, THE HOUSING TRUST CONTINUED TO OPERATE A SUCCESSFUL HOMEBUYER TRAINING AND COUNSELING PROGRAM WITH THREE CONTRACTS FROM THE CITY OF SANTA FE TO MANAGE HOMEBUYER PROGRAMS, COMPLETE INCOME CERTIFICATIONS FOR CITY PROGRAMS, AND OPERATE TWO POOLS OF DOWNPAYMENT ASSISTANCE FUNDED BY THE CITY. 38 FAMILIES WERE ASSISTED IN FINANCING AND BUYING NEW HOMES IN SANTA FE AND SANTA FE COUNTY. THE HOUSING TRUST CONTINUED TO MANAGE THE THREE APARTMENT COMPLEXES THROUGH MONARCH PROPERTY MANAGEMENT. IN NOVEMBER 2022, THE BOARD OF DIRECTORS HIRED ROMAN ABETYA TO TAKE OVER AS EXECUTIVE DIRECTOR. HE THEN HIRED A BUSINESS OPERATIONS MANAGER AND DEVELOPMENT STAFF TO HELP MOVE THE HOUSING TRUST FORWARD WITH NEW OPPORTUNITIES AND CONTINUED GROWTH. THE ORGANIZATION CONTINUED TO PROVIDE HOUSING SERVICES FOR PEOPLE WITH HIV WITH DOWNPAYMENT ASSISTANCE THROUGH A MULTI-YEAR FEDERAL GRANT, AND WAS AWARDED A SPECIAL ROUND OF FEDERAL HOPWA-R RECOVERY ACT FUNDING FOR EMERGENCY RENT SUBSIDIES. A TOTAL OF 4 LOANS TOTALING 516,134 WERE MADE UNDER A GRANT PROGRAM OF THE U.S. DEPT. OF TREASURY MAKING LOANS TO UNDERSERVED POPULATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Roman Abeyta
Executive Di
$14,616
Rose Marie Gonzalez
President
$0
Estevan Trujillo
Vice Preside
$0
Alan Overton
Treasurer
$0
Alba Blondis
Secretary
$0
Cynthia Sanchez
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,211,646
All other contributions, gifts, grants, and similar amounts not included above$228,904
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,440,550
Total Program Service Revenue$1,157,550
Investment income $8,084
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 $3,615,639

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