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← REGIONAL HOUSING SOLUTIONS

Form 990 for tax year 2025

Filed by REGIONAL HOUSING SOLUTIONS.

Totals

Total revenue
$155,402
Total expenses
$187,495
Contributions and grants received
$77,250
Grants paid
$0
Program service revenue
$77,974
Investment income
$178
Other revenue
$0
Total assets, end of year
$1,242,279
Total liabilities, end of year
$751,911
Net assets or fund balances, end of year
$490,368
Program services expenses (Part IX)
$174,405
Management and general expenses
$13,090
Fundraising expenses
$0
Program service expenses (Part III)
$174,405

Program services were 93.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $62,250

  • 1f · All other contributions, gifts and grants

    $15,000

  • 1g · Noncash contributions included above

    $62,250

  • 2a · Program service revenue: Rental Income

    total $76,413 · related or exempt $76,413

  • 2b · Program service revenue: Fee Income

    total $1,561 · related or exempt $1,561

  • 3 · Investment income

    total $178 · excluded $178

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $9,075 · management and general $9,075

  • 11g · Fees: other

    total $19,316 · program services $18,740 · management and general $576

  • 13 · Office expenses

    total $101 · management and general $101

  • 14 · Information technology

    total $3,338 · management and general $3,338

  • 16 · Occupancy

    total $65,359 · program services $65,359

  • 17 · Travel

    total $69 · program services $69

  • 22 · Depreciation, depletion and amortization

    total $78,561 · program services $78,561

  • 24a · Other expenses: Repairs & Maintenance

    total $11,676 · program services $11,676

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $300 · end of year $300

  • 2 · Savings and temporary cash investments

    beginning of year $5,985 · end of year $9,991

  • 9 · Prepaid expenses and deferred charges

    end of year $2,991

  • 10a · Land, buildings and equipment: cost or other basis

    $1,493,006

  • 10b · Land, buildings and equipment: accumulated depreciation

    $363,639

  • 10c · Land, buildings and equipment, net

    beginning of year $1,181,316 · end of year $1,129,367

  • 15 · Other assets

    beginning of year $99,426 · end of year $99,630

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,618 · end of year $4,859

  • 19 · Deferred revenue

    beginning of year $1,672 · end of year $613

  • 23 · Secured mortgages and notes payable

    beginning of year $756,597 · end of year $720,959

  • 24 · Unsecured notes and loans payable

    beginning of year $2,079

  • 25 · Other liabilities

    beginning of year $600 · end of year $25,480

  • 27 · Net assets without donor restrictions

    beginning of year $522,461 · end of year $490,368

Mission and programs · 2025

Mission

RHS was formed to do specific housing development projects in order to provide resident training and social services to families in multi-family communities.

  • Housing development, resident training and social services

    Expenses $174,405 · Revenue $77,974

As filed on the 2025 return.

Listed in Part VII

  • Mark Shaffer

    President

    Total calculated
    $0
    Hours/week
    1
  • Grissa Schmitz

    Vice President

    Total calculated
    $0
    Hours/week
    1
  • Silvia Rosales

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Chris Keith

    Member

    Total calculated
    $0
    Hours/week
    1
  • Roy Shankle

    Member

    Total calculated
    $0
    Hours/week
    1
  • Marc Baker

    Chief Executive Officer

    Total calculated
    $106,186
    From this org
    $0
    From related orgs
    $98,217
    Other
    $7,969
    Hours/week
    12 + 38 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
27 February 2026
IRS schema version
2025v4.0
Source object
202600589349301600

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