Skip to content
Nonprofiteer
← ARIZONA HOUSING INC

Form 990 for tax year 2023

Filed by ARIZONA HOUSING INC.

Totals

Total revenue
$6,655,004
Total expenses
$5,606,029
Contributions and grants received
$2,299,040
Grants paid
$0
Program service revenue
$4,090,485
Investment income
$60,339
Other revenue
$205,140
Total assets, end of year
$28,147,660
Total liabilities, end of year
$1,332,110
Net assets or fund balances, end of year
$26,815,550
Program services expenses (Part IX)
$4,909,127
Management and general expenses
$542,019
Fundraising expenses
$154,883
Program service expenses (Part III)
$4,909,127

Program services were 87.6% 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)

    $1,584,308

  • 1f · All other contributions, gifts and grants

    $714,732

  • 2a · Program service revenue: RENTAL & RENT SUBSIDIES

    total $3,966,055 · related or exempt $3,966,055

  • 2b · Program service revenue: VENDING MACHINE

    total $84,491 · related or exempt $84,491

  • 2c · Program service revenue: LAUNDRY FACILITY

    total $39,939 · related or exempt $39,939

  • 3 · Investment income

    total $60,339 · excluded $60,339

  • 11a · Other revenue: MISCELLANEOUS

    total $2,400 · related or exempt $2,400

  • 11b · Other revenue: SUPPORT SERVICES

    total $202,740 · related or exempt $202,740

  • 11e · Other revenue, total

    $205,140

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $258,645 · program services $71,477 · management and general $153,078 · fundraising $34,090

  • 7 · Other salaries and wages

    total $545,624 · program services $529,955 · management and general $8,827 · fundraising $6,842

  • 8 · Pension plan contributions

    total $26,435 · program services $15,863 · management and general $8,926 · fundraising $1,646

  • 9 · Other employee benefits

    total $107,062 · program services $98,092 · management and general $7,319 · fundraising $1,651

  • 10 · Payroll taxes

    total $66,922 · program services $43,752 · management and general $19,431 · fundraising $3,739

  • 11b · Fees: legal

    total $12,921 · program services $12,921

  • 11c · Fees: accounting

    total $217,011 · program services $198,338 · management and general $18,673

  • 11g · Fees: other

    total $1,487,850 · program services $1,236,704 · management and general $153,046 · fundraising $98,100

  • 12 · Advertising and promotion

    total $8,901 · program services $6,603 · fundraising $2,298

  • 13 · Office expenses

    total $27,521 · program services $17,428 · management and general $9,874 · fundraising $219

  • 14 · Information technology

    total $94,549 · program services $45,189 · management and general $48,530 · fundraising $830

  • 16 · Occupancy

    total $755,070 · program services $755,070

  • 17 · Travel

    total $49,390 · management and general $45,369 · fundraising $4,021

  • 20 · Interest

    total $10,950 · program services $2,325 · management and general $8,625

  • 22 · Depreciation, depletion and amortization

    total $936,289 · program services $936,289

  • 23 · Insurance

    total $129,766 · program services $94,734 · management and general $35,032

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $557,337 · program services $553,123 · management and general $4,214

  • 24b · Other expenses: TENANT RELATED SUPPLIES

    total $156,332 · program services $152,951 · management and general $2,381 · fundraising $1,000

  • 24e · All other expenses

    total $157,454 · program services $138,313 · management and general $18,694 · fundraising $447

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,123,696 · end of year $900,517

  • 2 · Savings and temporary cash investments

    beginning of year $958,715 · end of year $1,210,068

  • 3 · Pledges and grants receivable

    beginning of year $908,680 · end of year $906,343

  • 4 · Accounts receivable

    beginning of year $109,418 · end of year $126,520

  • 7 · Other notes and loans receivable

    beginning of year $1,531,200 · end of year $1,584,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,651 · end of year $67,088

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

    $33,818,343

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

    $10,465,219

  • 10c · Land, buildings and equipment, net

    beginning of year $22,400,844 · end of year $23,353,124

  • 17 · Accounts payable and accrued expenses

    beginning of year $917,388 · end of year $838,683

  • 23 · Secured mortgages and notes payable

    beginning of year $125,411 · end of year $102,099

  • 25 · Other liabilities

    beginning of year $234,830 · end of year $391,328

  • 27 · Net assets without donor restrictions

    beginning of year -$7,282,689 · end of year -$7,378,022

  • 28 · Net assets with donor restrictions

    beginning of year $33,049,264 · end of year $34,193,572

Mission and programs · 2023

Mission

THE MISSION OF ARIZONA HOUSING, INC. (AHI) IS TO ASSIST INDIVIDUALS AND FAMILIES IN ATTAINING SELF-SUFFICIENCY THROUGH THE PROVISION OF DIGNIFIED, COMPREHENSIVE HOUSING AND SERVICES. FOUNDED IN 1995, AHI WORKS TO ENSURE EVERYONE HAS A PLACE TO CALL HOME.

  • AHI PROVIDES PERMANENT SUPPORTIVE HOUSINGCOMBINING AFFORDABLE HOUSING WITH CASE MANAGEMENT AND SUPPORTIVE SERVICES TO ADDRESS THE NEEDS OF EXTREMELY LOW-INCOME INDIVIDUALS, INCLUDING THOSE WHO WERE PREVIOUSLY CHRONICALLY HOMELESS AND LIVING ON THE STREETS. EACH YEAR, MORE THAN 700 MEN, WOMEN, AND CHILDREN WHO PREVIOUSLY EXPERIENCED HOMELESSNESS, HAVE A SAFE AND AFFORDABLE HOME WITH ACCESS TO SUPPORTIVE SERVICES TO ACHIEVE HOUSING STABILITY. OUR RESIDENTIAL PROPERTIES INCLUDE:COLLINS COURT 80 UNITS 10421 NORTH 33RD AVE., PHOENIX, AZ 85051 67 STUDIO AND 13 ONE-BEDROOM APARTMENTS. 209 WEST JACKSON 297 UNITS 209 WEST JACKSON ST. PHOENIX, AZ 85003 297 FULLY FURNISHED STUDIO APARTMENTS. THE FRONT OFFICE IS STAFFED 24/7 AND INCLUDES A BUSINESS CENTER, MINI-MART, LIBRARY AND COMMUNITY ROOM. NORTH 17 72 UNITS 9601 NORTH 17TH AVE. PHOENIX, AZ 85021 6 ONE-BEDROOM AND 36 TWO-BEDROOM APARTMENTS. ALSO OFFERED IS A SHADED PLAYGROUND AND AFTERSCHOOL PROGRAMS. ENCORE ON NORTHERN 77 UNITS 2233 WEST NORTHERN AVE. PHOENIX, AZ 85021 IN PARTNERSHIP WITH WESCAP INVESTMENTS, INC. HAS 77 ONE-BEDROOM APARTMENTS WITH 30 UNITS RESERVED FOR FORMERLY CHRONICALLY HOMELESS INDIVIDUALS, WITH A PREFERENCE FOR VETERANS. HORACE STEELE COMMONS 90 UNITS 1735 GRAND AVE., PHOENIX, AZ 85007 90 APARTMENTS AND INCLUDES A BUSINESS CENTER, LIBRARY AND TV ROOM. 2900 EAST VAN BUREN THIS IS A 50 UNIT MOTEL BEING CONVERTED TO SINGLE ROOM OCCUPANCY HOUSING WITH A PREFERENCE FOR SENIORS AND VETERANS. CONSTRUCTION ESTIMATED TO BE COMPLETE DECEMBER 2024.

    Expenses $4,898,810 · Revenue $3,890,786

  • AHI OWNS AND RENTS A FACILITY TO A NON-PROFIT FOR USE AS AN EMERGENCY SHELTER WITH SUPPORTIVE SERVICES THAT SERVES HOMELESS FAMILIES. SERVICES INCLUDE CASE MANAGEMENT, ACCESS TO BED, SHOWERS, FOOD, CLOTHING AND HYGIENE ITEMS AT NO COST TO THE RECIPIENTS. VISTA COLINA HAS 12 ONE BEDROOM AND 18 TWO BEDROOM UNITS

    Expenses $10,317 · Revenue $179,457

As filed on the 2023 return.

Listed in Part VII

  • MARK HOLLERAN

    FORMER CEO THROUGH AUGUST 202

    Total calculated
    $138,429
    From this org
    $131,682
    From related orgs
    $0
    Other
    $6,747
    Hours/week
    40 + 5 related

  • CHRISTINE WETHERINGTON

    INTERIM CEO SEPT 23 -JULY 24

    Total calculated
    $120,216
    From this org
    $116,036
    From related orgs
    $0
    Other
    $4,180
    Hours/week
    40 + 5 related

  • NELLIE NEKOUIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JODI SHEAHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MICHAEL KURTENBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • TERRY GODDARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • BENJAMIN M GREENBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • GUY MIKKELSEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • HOWARD C EPSTEIN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • BETSY GANZ

    SECRETARY

    Total calculated
    $0
    Hours/week
    4 + 1 related

  • DOUGLAS TYMINS

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • AMY PFEIFER

    INTERIM CEO -JULY 2024-

    Total calculated
    $0
    Hours/week
    40

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.

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.

  • AHI COLLINS COURT II LLC

    LOW INCOME HOUSING · AZ · income $1,395,989 · assets $7,204,754

    Directly controlled by ARIZONA HOUSING INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202443209349304014

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.