Desert Housing Foundation
- Assets
- $310.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Springs, CA
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 95-4603178
Organization Overview
Desert Housing Foundation is located in Palm Springs, CA. The organization was established in 1998. According to its NTEE Classification (L80) the organization is classified as: Housing Support, 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. Desert Housing Foundation 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, Desert Housing Foundation generated $21.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.2%) each year. All expenses for the organization totaled $20.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (27.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED AND MANAGED A TOTAL OF 60 UNITS OF AFFORDABLE, SAFE AND DECENT ONE AND TWO BEDROOM APARTMENTS FOR LOW AND MODERATE INCOME INDIVIDUALS AMD FAMILIES AT 2026 AND 2032 CARLEE DRIVE, PUEBLO,CO 81005.HOME OWNERSHIP COUNSELING FOR LOW-MODERATE INCOME FAMILIES-CURRENTLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Valentino Pres/exec Dir | 13 | $0 | |
Thomas Warrick Vp/secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21,494 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,494 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,329 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,410 |
| Total expenses | $20,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $310,858 |
| Other assets | $0 |
| Total assets | $310,858 |
| Total liabilities | $0 |
| Net assets or fund balances | $310,858 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheltercare Eugene, OR | $4,357,138 | $9,135,740 |
Midpen Resident Services Corporation Foster City, CA | $3,702,334 | $11,407,168 |
Bridge Property Management Company San Francisco, CA | $1,233,636 | $9,360,308 |
Burbank Housing Corporation Burbank, CA | $47,643,861 | $6,370,585 |
Habitat For Humanity San Fernando/Santa Clarita Valleys Woodland Hills, CA | $1 | $4,168,206 |
Do Good Multnomah Portland, OR | $6,858,210 | $9,987,432 |
Satellite Aha Development Inc Berkeley, CA | $17,466,494 | $5,909,155 |
Housing Trust Silicon Valley San Jose, CA | $250,989,111 | $21,448,557 |
Western Community Housing Inc Costa Mesa, CA | $106,078,970 | $11,023,596 |
Housing Choices Coalition For Persons With Developmental Disabil Palo Alto, CA | $4,399,565 | $5,833,856 |
Sacramento Neighborhood Housing Services Inc Sacramento, CA | $15,952,638 | $2,503,371 |
Housing Resource Center Of Monterey County Salinas, CA | $933,269 | $4,680,244 |