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Nonprofiteer
← CORPORATION FOR BETTER HOUSING

Form 990 for tax year 2024

Filed by CORPORATION FOR BETTER HOUSING.

Totals

Total revenue
$7,815,276
Total expenses
$9,469,949
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$7,409,487
Investment income
$405,789
Other revenue
$0
Total assets, end of year
$527,892,247
Total liabilities, end of year
$448,208,023
Net assets or fund balances, end of year
$79,684,224
Program services expenses (Part IX)
$9,054,349
Management and general expenses
$415,600
Fundraising expenses
$0
Program service expenses (Part III)
$9,054,349

Program services were 95.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • LORI KOESTER

    Executive Dir.

    Total calculated
    $348,080
    From this org
    $326,427
    From related orgs
    $0
    Other
    $21,653
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $326,427
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    $21,653
    Filer's total
    $348,080

  • JOHN ELEFTHERIOU

    CEO

    Total calculated
    $0
    Hours/week
    1

  • Mike Ismail

    Director

    Total calculated
    $0
    Hours/week
    1

  • ROB TIDD

    Secretary

    Total calculated
    $0
    Hours/week
    1

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

  • 3 · Approval by the board or compensation committee

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.

  • OLIVERO RANCH LLC

    RENTAL PROPERTY · CA · income $373,005 · assets $5,385,826

    Directly controlled by CORPORATION FOR BETTER HOUSING

Related partnerships

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

  • ATTACHED

    RENTAL REAL ESTATE · CA

    Directly controlled by CORP FOR BETTER HSG

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513189349308946

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