Fort Defiance Housing Corporation
- Assets
- $27.2m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 73
- Location
- Albuquerque, NM
- Founding
- 11/2001
- Data as of
- 12/2021
- EIN
- 86-1008290
Organization Overview
Fort Defiance Housing Corporation, operating under the name Sandstone Housing, is located in Albuquerque, NM. The organization was established in 2001. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 12/2021, Sandstone Housing employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sandstone 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, Sandstone Housing generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 0.4% 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
ASSISTED LOW AND MIDDLE INCOME FAMILIES WITH SAFE, HEALTHY AND AFFORDABLE HOUSING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FORT DEFIANCE HOUSING CORPORATION WAS ESTABLISHED TO PROVIDE LOW INCOME HOUSING TO INDIVIDUALS OF LOW TO MODERATE INCOME LEVELS. RENT ASSISTANCE IS RECEIVED THROUGH HUD SECTION 8 RENTAL ASSISTANCE PROGRAM. FORT DEFIANCE HOUSING CORPORATION HAS BUILT SEVERAL LOW INCOME HOUSING COMPLEXES, WHICH ARE AVAILABLE WITH AN INDIAN DEVELOPMENT BLOCK GRANT THROUGH THE NAVAJO HOUSING AUTHORITY AND HUD. THERE HAS BEEN NO ONGOING CONSTRUCTION SINCE 2004.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelby Garcia CEO | Officer | 50 | $100,632 |
Timothy Begay Board Member | Trustee | 1 | $1,600 |
Tracy Alexis Former Board Chairman | Trustee | 1 | $1,300 |
Ela Yazzie-King Board Member | Trustee | 1 | $1,300 |
Starla Yellowman Board Secretary | OfficerTrustee | 1 | $800 |
Russ Tanzer Board Chairman | OfficerTrustee | 1 | $800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $647,396 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $667,396 |
| Total Program Service Revenue | $4,383,538 |
| Investment income | $104 |
| 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 | $7,777,591 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $35,822 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $132,495 |
| Compensation of current officers, directors, key employees. | $36,637 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,700,832 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,171 |
| Payroll taxes | $136,174 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,026 |
| Fees for services: Accounting | $147,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,569 |
| Advertising and promotion | $3,473 |
| Office expenses | $189,974 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,155 |
| Travel | $53,837 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,613 |
| Interest | $548,678 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,782,296 |
| Insurance | $218,095 |
| All other expenses | $47,400 |
| Total functional expenses | $7,258,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $189,196 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $112,784 |
| 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 | $25,294,953 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,584,836 |
| Total assets | $27,181,769 |
| Accounts payable and accrued expenses | $468,443 |
| Grants payable | $0 |
| Deferred revenue | $52,947 |
| 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 | $11,437,425 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $669,932 |
| Total liabilities | $12,628,747 |
| Net assets without donor restrictions | $14,553,022 |
| 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 | $27,181,769 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fort Defiance Housing Corporation has recieved totaling $20,005.
| Awarding Organization | Amount |
|---|---|
New Mexico Community Foundation Santa Fe, NM PURPOSE: Family Service Assistance | $20,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Laradon Hall Society For Exceptional Children And Adults Denver, CO | $24,311,430 | $21,206,538 |
Mission Road Developmental Center San Antonio, TX | $26,258,889 | $16,711,904 |
New Horizons Ranch And Center Inc Abilene, TX | $7,433,052 | $14,838,988 |
James L West Presbyterian Special Care Center Fort Worth, TX | $13,990,432 | $11,986,456 |
Shiloh Home Inc Littleton, CO | $5,810,400 | $10,896,254 |
Carc Inc Carlsbad, NM | $9,451,276 | $12,194,382 |
Mountain Valley Developmental Services Inc Glenwood Springs, CO | $8,504,779 | $11,865,014 |
Oakwood Retirement Village Inc Enid, OK | $6,058,575 | $10,557,285 |
Cottonwood Community Alternatives Inc Englewood, CO | $8,130,489 | $11,889,736 |
Life Support Counseling And Research Inc Austin, TX | $3,931,686 | $9,199,133 |
Colorado Bluesky Enterprises Inc Pueblo, CO | $9,369,140 | $8,896,578 |
Forgotten Angels Inc Pearland, TX | $1,121,528 | $8,621,031 |