Skip to content
Nonprofiteer
← SHARING CONNEXION INC

Form 990 for tax year 2024

Filed by SHARING CONNEXION INC.

Totals

Total revenue
$1,534,285
Total expenses
$1,755,833
Contributions and grants received
$457,719
Grants paid
$0
Program service revenue
$993,744
Investment income
$82,822
Other revenue
$0
Total assets, end of year
$14,492,336
Total liabilities, end of year
$14,159,214
Net assets or fund balances, end of year
$333,122
Program services expenses (Part IX)
$1,405,463
Management and general expenses
$308,286
Fundraising expenses
$42,084
Program service expenses (Part III)
$1,405,463

Program services were 80.0% 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.

  • 1f · All other contributions, gifts and grants

    $457,719

  • 1g · Noncash contributions included above

    $176,007

  • 2a · Program service revenue: RENTAL INCOME

    total $968,934 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: OTHER PROGRAM REVENUE

    total $24,810 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $14,430 · unrelated business $0 · excluded $14,430

  • 7a · Gross sales of assets other than inventory

    other assets $2,422,500

  • 7b · Less cost or other basis and sales expenses

    other assets $2,354,108

  • 7c · Gain or loss

    other assets $68,392

  • 7d · Net gain or loss

    total $68,392 · related or exempt $68,392 · unrelated business $0 · excluded $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $296,573 · program services $154,743 · management and general $122,561 · fundraising $19,269

  • 7 · Other salaries and wages

    total $177,865 · program services $92,809 · management and general $74,331 · fundraising $10,725

  • 9 · Other employee benefits

    total $23,020 · program services $12,010 · management and general $9,238 · fundraising $1,772

  • 10 · Payroll taxes

    total $34,781 · program services $18,145 · management and general $13,822 · fundraising $2,814

  • 11g · Fees: other

    total $57,477 · program services $12,130 · management and general $44,517 · fundraising $830

  • 14 · Information technology

    total $58,433 · program services $30,485 · management and general $23,450 · fundraising $4,498

  • 16 · Occupancy

    total $21,968 · program services $11,461 · management and general $8,816 · fundraising $1,691

  • 20 · Interest

    total $600,234 · program services $597,734 · management and general $2,500 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $136,136 · program services $136,136 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $29,165 · program services $25,329 · management and general $3,836 · fundraising $0

  • 24a · Other expenses: PROJECT EXPENSES

    total $282,329 · program services $278,109 · management and general $3,860 · fundraising $360

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $1,293 · program services $170 · management and general $998 · fundraising $125

  • 24c · Other expenses: OTHER OPERATING EXPENSES

    total $36,559 · program services $36,202 · management and general $357 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $402,032 · end of year $503,327

  • 3 · Pledges and grants receivable

    end of year $30,000

  • 4 · Accounts receivable

    beginning of year $35,438 · end of year $20,943

  • 9 · Prepaid expenses and deferred charges

    beginning of year $32,090 · end of year $27,846

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

    $12,152,170

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

    $81,950

  • 10c · Land, buildings and equipment, net

    beginning of year $12,033,661 · end of year $12,070,220

  • 13 · Investments: program-related

    beginning of year $1,762,500 · end of year $1,840,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $95,433 · end of year $102,870

  • 21 · Escrow or custodial account liability

    beginning of year $1,059,216 · end of year $1,746,250

  • 22 · Loans and payables to officers and key people

    beginning of year $725,000 · end of year $259,465

  • 23 · Secured mortgages and notes payable

    beginning of year $11,831,402 · end of year $12,050,629

  • 27 · Net assets without donor restrictions

    beginning of year $554,670 · end of year $303,122

  • 28 · Net assets with donor restrictions

    end of year $30,000

Mission and programs · 2024

Mission

TO PROVIDE AFFORDABLE HOUSING ORGANIZATIONS AND NONPROFITS WITH REAL ESTATE EXPERTISE, FUNDING, AND PRESERVATION.

  • SEE SCHEDULE O

    Expenses $1,405,463 · Revenue $993,744

As filed on the 2024 return.

Listed in Part VII

  • Cherie Talbert

    EXECUTIVE DIRECTOR

    Total calculated
    $161,538
    From this org
    $161,538
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,538
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $161,538

  • Steve Shineman

    SR VICE PRESIDENT

    Total calculated
    $135,034
    From this org
    $135,034
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Edwin Anderson

    PRESIDENT AND TREASURER

    Total calculated
    $0
    Hours/week
    30

  • David Chasnow

    SECRETARY AND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    20

  • John Daskam

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Rob Gillis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Justin Gilmore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jim Mellor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • David Ogunsanya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Courtney Parmelee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Jessica Rawson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Vaneesha Dutra

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Glenn Mueller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • Carlos Trujillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • SCI-8701 HURON

    REAL ESTATE DONATION PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

  • SCI-CAPITOL CITY

    REAL ESTATE RESCUE PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

  • SCI-1550 ELMIRA LLC

    REAL ESTATE RESCUE PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

  • SHARING CONNEXION-HAWAII LLC

    REAL ESTATE IMPACT PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

  • SCI-1108 FOREST LLC

    REAL ESTATE PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

  • SCI-918 RAYMOND LLC

    REAL ESTATE PROGRAM · MN

    Directly controlled by SHARING CONNEXION INC

  • SCI-472 N BROADWAY LLC

    REAL ESTATE PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

  • SHARING CONNEXION IMPACT FUND

    CO

    Directly controlled by SHARING CONNEXION INC

  • SCI-6328 BRAUN LLC

    REAL ESTATE PROGRAM

    Directly controlled by SHARING CONNEXION INC

  • SCI-3114 LARIMER LLC

    REAL ESTATE PROGRAM · CO

    Directly controlled by SHARING CONNEXION INC

Provenance

Return type
form_990
Tax year
2024
Filed
12 May 2026
IRS schema version
2024v5.2
Source object
202601329349303500

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.