Encino Development And Management Inc
- Assets
- $2.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- 10/2002
- Data as of
- 03/2024
- EIN
- 85-0471116
Organization Overview
Encino Development And Management Inc is located in Albuquerque, NM. The organization was established in 2002. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Encino Development And Management Inc 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 03/2024, Encino Development And Management Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $184.0k during the year ending 03/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DEVELOPMENT, MANAGEMENT AND ADMINISTRATIVE SERVICES FOR AFFORDABLE HOUSING TO THE VERY LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS 62 YEARS AND OVER, SUPPORTING FOUR PROPERTIES IN NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDM OVERSEES THE MANAGEMENT SERVICES OF THE FOLLOWING PROPERTIES: ENCINO GARDENS, ENCINO TERRACE, ENCINO EL PASEO, AND VILLA TERESA THROUGH THE USE OF A MANAGEMENT COMPANY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Caldwell Director | Trustee | 0 | $0 |
Robert Mcneill Director | Trustee | 0 | $0 |
Michael Noonan Director | Trustee | 0 | $0 |
Juan Caraveo Director | Trustee | 0 | $0 |
Steven Grant Director | Trustee | 0 | $0 |
John Rockwell President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,613,899 |
| Government grants | $0 |
| 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 | $1,613,899 |
| Total Program Service Revenue | $0 |
| Investment income | $26,726 |
| 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 | $1,640,625 |
| 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 | $119,777 |
| Pension plan accruals and contributions | $3,193 |
| Other employee benefits | $0 |
| Payroll taxes | $9,896 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,209 |
| Fees for services: Accounting | $4,531 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,819 |
| Advertising and promotion | $0 |
| Office expenses | $5,002 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,600 |
| Travel | $2,207 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,300 |
| Interest | $1,163 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,883 |
| All other expenses | $213 |
| Total functional expenses | $184,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,636,180 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $117 |
| Total assets | $2,636,297 |
| Accounts payable and accrued expenses | $2,848 |
| 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 | $0 |
| Total liabilities | $2,848 |
| Net assets without donor restrictions | $2,633,449 |
| 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 | $2,636,297 |