Totals
- Total revenue
- $4,641,859
- Total expenses
- $3,896,604
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $4,601,117
- Investment income
- $40,742
- Other revenue
- $0
- Total assets, end of year
- $21,728,547
- Total liabilities, end of year
- $14,142,647
- Net assets or fund balances, end of year
- $7,585,900
- Program services expenses (Part IX)
- $3,896,604
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,896,604
Program services were 100.0% 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.
-
2a · Program service revenue: RENTAL INCOME
total $2,959,421 · related or exempt $2,959,421
-
2b · Program service revenue: FORGIVENESS OF DEBT
total $1,422,273 · related or exempt $1,422,273
-
2f · All other program service revenue
total $219,423 · related or exempt $219,423
-
3 · Investment income
total $40,742 · excluded $40,742
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $326,787 · program services $326,787
-
11b · Fees: legal
total $7,740 · program services $7,740
-
11c · Fees: accounting
total $16,725 · program services $16,725
-
11g · Fees: other
total $15,414 · program services $15,414
-
12 · Advertising and promotion
total $387 · program services $387
-
13 · Office expenses
total $55,544 · program services $55,544
-
14 · Information technology
total $31,020 · program services $31,020
-
16 · Occupancy
total $2,088,624 · program services $2,088,624
-
17 · Travel
total $12,457 · program services $12,457
-
20 · Interest
total $250,288 · program services $250,288
-
22 · Depreciation, depletion and amortization
total $882,269 · program services $882,269
-
24e · All other expenses
total $209,349 · program services $209,349
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $50 · end of year $127
-
2 · Savings and temporary cash investments
beginning of year $2,479,357 · end of year $2,790,374
-
4 · Accounts receivable
beginning of year $8,744 · end of year $9,539
-
9 · Prepaid expenses and deferred charges
beginning of year $70,558 · end of year $55,252
-
10a · Land, buildings and equipment: cost or other basis
$23,088,184
-
10b · Land, buildings and equipment: accumulated depreciation
$4,265,215
-
10c · Land, buildings and equipment, net
beginning of year $17,406,857 · end of year $18,822,969
-
15 · Other assets
beginning of year $50,283 · end of year $50,286
-
17 · Accounts payable and accrued expenses
beginning of year $4,011,060 · end of year $4,318,961
-
19 · Deferred revenue
beginning of year $69,495 · end of year $14,295
-
23 · Secured mortgages and notes payable
beginning of year $9,465,970 · end of year $9,610,211
-
25 · Other liabilities
beginning of year $174,660 · end of year $199,180
-
27 · Net assets without donor restrictions
beginning of year $6,294,664 · end of year $7,585,900
Mission and programs · 2023
Mission
EASTWOOD OF AMES, INC.'S OBJECTIVE IS TO PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW-INCOME & VERY LOW-INCOME INDIVIDUALS.
Activities or mission (Part I)
PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW-INCOME & VERY LOW-INCOME INDIVIDUALS.
-
HOUSING:PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW-INCOME & VERY LOW-INCOME INDIVIDUALS.
Expenses $3,896,604 · Revenue $4,601,117
As filed on the 2023 return.
Listed in Part VII
-
Samantha EricksonSAMANTHA ERICKSON
CHIEF OPERATING OFFICER
- Total calculated
- $227,468
- From this org
- $0
- From related orgs
- $200,248
- Other
- $27,220
- Hours/week
- 2.5 + 42.5 related
Schedule J breakdown matched by us
- Base
- $0 + $186,103 related
- Bonus
- $0 + $14,120 related
- Other
- $0 + $25 related
- Deferred
- $0 + $17,328 related
- Nontaxable benefits
- $0 + $9,892 related
- Filer's total
- $0 + $227,468 related
-
Mark VreemanMARK VREEMAN
CHIEF FINANCIAL OFFICER
- Total calculated
- $175,282
- From this org
- $0
- From related orgs
- $146,314
- Other
- $28,968
- Hours/week
- 2.5 + 42.5 related
Schedule J breakdown matched by us
- Base
- $0 + $135,834 related
- Bonus
- $0 + $10,455 related
- Other
- $0 + $25 related
- Deferred
- $0 + $13,216 related
- Nontaxable benefits
- $0 + $15,752 related
- Filer's total
- $0 + $175,282 related
-
David BridgewaterDAVID BRIDGEWATER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Tim ShanahanTIM SHANAHAN
BOARD VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
John ZulkJOHN ZULK
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Emily ZimmonEMILY ZIMMON
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Penny ClaytonPENNY CLAYTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Denise FullerDENISE FULLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Abbie GaffeyABBIE GAFFEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Omar PadillaOMAR PADILLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Lauren WhiteLAUREN WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 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. 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.
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.
-
COMMUNITY HOUSING INITIATIVES INC
501(C)(3) · AFFORDABLE HOUSING · IA
-
501(C)(3) · AFFORDABLE HOUSING · IA
-
UPPER DES MOINES OPPORTUNITY INC
501(C)(3) · ALLEVIATE CONDITIONS & CAUSES OF POVERTY · IA
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.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
125 9TH STREET LLLP
AFFORDABLE HOUSING · IA
-
821 JACKSON LLLP
AFFORDABLE HOUSING · IA
-
ADEL ASSISTED LIVING LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $13,059 · share of assets $1,676,881
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
ARMSTRONG APARTMENTS LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$43,903 · share of assets $961,545
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
CALL TERMINAL LP
AFFORDABLE HOUSING · IA
-
CAPITOL CITY DUPLEXES LLLP
AFFORDABLE HOUSING · IA
-
CENTURY PLAZA LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$85,837 · share of assets $772,286
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
CHI AMES LLLP
AFFORDABLE HOUSING · IA
-
CHI MILFORD LLLP
AFFORDABLE HOUSING · IA
-
CHI NORTH BAY LLLP
AFFORDABLE HOUSING · IA
-
CHI PENN OAKS LLLP
AFFORDABLE HOUSING · IA
-
CHI SHELDON LLLP
AFFORDABLE HOUSING · IA
-
CHI SIOUX CITY LLLP
AFFORDABLE HOUSING · IA
-
CLINTON BLOCK LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$21,828 · share of assets $916,693
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
COMMUNITY HOMES LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of assets $362,297
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
COURT VIEW LP
AFFORDABLE HOUSING · IA
-
CRESTVIEW TERRACE LLLP
AFFORDABLE HOUSING · IA
-
GRAETTINGER HOUSING ASSOCIATES LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$525 · share of assets $93,151
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
GRANT TERRACE LLLP
AFFORDABLE HOUSING · IA
-
HAMILTON KNOLLS LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $40,405 · share of assets $823,018
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
HARTLEY HOUSING ASSOCIATES LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$39,083 · share of assets $452,191
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
HOME TO STAY LP
AFFORDABLE HOUSING · IA
-
IHC FOREST CITY LP I
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$59,759 · share of assets $415,427
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
IHC LP I
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$6,883 · share of assets $532,068
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
IVY APARTMENTS LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $11,390 · share of assets $349,257
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
LAKEWOOD COURT LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$105 · share of assets $298,684
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
LINCOLN TERRACE LP
AFFORDABLE HOUSING · IA
-
MAPLECREST APARTMENTS LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$8,008 · share of assets $466,011
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
MARSH PLACE LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$95,685 · share of assets $1,521,099
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
NORTHWOOD COURT LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $10,631 · share of assets $584,151
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
OLD SPENCER SCHOOL LLLP
AFFORDABLE HOUSING · IA
-
PRAIRIE TOWNHOMES LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$51,840 · share of assets $1,000,944
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
QUARTON PLACE 2 LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$36,124 · share of assets $1,351,348
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
REMCARES TOWNHOMES LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $3,897 · share of assets $1,105,459
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
RIVER CITY LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$45,396 · share of assets $2,690,302
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
SALISBURY COURT LP
RELATD · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $11,099 · share of assets $776,100
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
SIBLEY ONE LP
RELATED · AFFORDABLE HOUSING · IA · 99% owned · share of income -$5,838 · share of assets $309,871
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
SILVER LAKE APARTMENTS LP
RELATED · AFFORDABLE HOUSING · IA · 99% owned · share of income -$670 · share of assets $251,679
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
SOUTHERN POINTE LLLP
AFFORDABLE HOUSING · IA
-
SPENCER MANOR LLLP
AFFORDABLE HOUSING · IA
-
SUGAR CREEK BEND LLLP
AFFORDABLE HOUSING · IA
-
SUMMERFIELD PARK LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $15,544 · share of assets $585,072
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
SUNSET SPENCER LLLP
AFFORDABLE HOUSING · IA
-
THE ANTLERS LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income $2,494 · share of assets $13,476
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
THORNBURY WAY LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$6,460 · share of assets $1,378,652
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
VAN ALLEN LP
AFFORDABLE HOUSING · IA
-
WASHINGTON COURT LP
AFFORDABLE HOUSING · IA
-
WEST HEIGHTS TOWNHOMES LLLP
AFFORDABLE HOUSING · IA
-
WOODBURY PARK LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$1,252 · share of assets $325,995
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
WOODBURY RIDGE LP
RELATED · AFFORDABLE HOUSING · IA · 99.99% owned · share of income -$33,377 · share of assets $389,268
Directly controlled by COMMUNITY HOUSING INITIATIVES INC
-
CHI ADEL MANOR LLLP
AFFORDABLE HOUSING · IA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CHI EASTWOOD INC
C · AFFORDABLE HOUSING · IA
-
CHI GP INC
C · AFFORDABLE HOUSING · IA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 31 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423199349309922
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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