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Nonprofiteer
← ARCH COMMUNITY HOUSING TRUST INC

Form 990 for tax year 2023

Filed by ARCH COMMUNITY HOUSING TRUST INC.

Totals

Total revenue
$9,076,716
Total expenses
$1,340,178
Contributions and grants received
$7,455,832
Grants paid
$0
Program service revenue
$892,902
Investment income
$588,606
Other revenue
$139,376
Total assets, end of year
$26,925,165
Total liabilities, end of year
$10,210,979
Net assets or fund balances, end of year
$16,714,186
Program services expenses (Part IX)
$1,121,685
Management and general expenses
$67,063
Fundraising expenses
$151,430
Program service expenses (Part III)
$1,121,685

Program services were 83.7% 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)

    $1,168,000

  • 1f · All other contributions, gifts and grants

    $6,287,832

  • 1g · Noncash contributions included above

    $4,168,000

  • 2a · Program service revenue: PROGRAM REVENUE

    total $892,902 · related or exempt $892,902

  • 3 · Investment income

    total $183,994 · excluded $183,994

  • 7a · Gross sales of assets other than inventory

    other assets $491,718

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

    other assets $87,106

  • 7c · Gain or loss

    other assets $404,612

  • 7d · Net gain or loss

    total $404,612 · excluded $404,612

  • 8a · Fundraising events: gross income

    $139,376

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $139,376 · excluded $139,376

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $140,875 · program services $91,569 · management and general $19,722 · fundraising $29,584

  • 7 · Other salaries and wages

    total $244,815 · program services $159,130 · management and general $34,274 · fundraising $51,411

  • 8 · Pension plan contributions

    total $9,881 · program services $6,423 · management and general $1,383 · fundraising $2,075

  • 9 · Other employee benefits

    total $2,014 · program services $1,308 · management and general $283 · fundraising $423

  • 10 · Payroll taxes

    total $28,608 · program services $18,595 · management and general $4,005 · fundraising $6,008

  • 11g · Fees: other

    total $137,603 · program services $131,296 · management and general $1,892 · fundraising $4,415

  • 12 · Advertising and promotion

    total $115,284 · program services $70,707 · fundraising $44,577

  • 13 · Office expenses

    total $4,813 · program services $3,891 · management and general $248 · fundraising $674

  • 16 · Occupancy

    total $69,398 · program services $66,398 · management and general $900 · fundraising $2,100

  • 17 · Travel

    total $1,431 · program services $1,145 · management and general $86 · fundraising $200

  • 22 · Depreciation, depletion and amortization

    total $353,394 · program services $353,394

  • 23 · Insurance

    total $71,164 · program services $56,931 · management and general $4,270 · fundraising $9,963

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $160,898 · program services $160,898

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,419,224 · end of year $3,940,185

  • 2 · Savings and temporary cash investments

    beginning of year $76,800 · end of year $89,800

  • 3 · Pledges and grants receivable

    end of year $875,930

  • 4 · Accounts receivable

    beginning of year $760

  • 7 · Other notes and loans receivable

    end of year $134,352

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

    $23,245,538

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

    $1,386,135

  • 10c · Land, buildings and equipment, net

    beginning of year $12,303,826 · end of year $21,859,403

  • 13 · Investments: program-related

    beginning of year $85,495

  • 15 · Other assets

    beginning of year $0 · end of year $25,495

  • 17 · Accounts payable and accrued expenses

    beginning of year $43,104 · end of year $491,441

  • 21 · Escrow or custodial account liability

    beginning of year $5,501 · end of year $5,915

  • 23 · Secured mortgages and notes payable

    beginning of year $8,836,802 · end of year $9,673,748

  • 25 · Other liabilities

    beginning of year $23,050 · end of year $39,875

  • 27 · Net assets without donor restrictions

    beginning of year $6,330,724 · end of year $15,418,570

  • 28 · Net assets with donor restrictions

    beginning of year $2,646,924 · end of year $1,295,616

Mission and programs · 2023

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE PRIMARY PURPOSES ARE TO: 1) PROVIDE DECENT HOUSING AFFORDABLE TO LOW AND MODERATE INCOME INDIVIDUALS AND 2) WORK WITH ALL INTERESTED PUBLIC AND PRIVATE PARTIES TOWARD A GOAL OF SECURING DECENT PERMANATELY AFFORDABLE, SUSTAINABLE HOUSING FOR FAMILIES AND INDIVIDUALS OF LOW AND MODERATE INCOME VITAL TO MAINTAINING THE ECONOMIC, SOCIAL AND ENVIRONMENTAL INTEGRITY OF OUR COMMUNITIES.

Activities or mission (Part I)

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE PRIMARY PURPOSES ARE TO: 1) PROVIDE DECENT HOUSING AFFORDABLE TO LOW AND MODERATE INCOME PURPOSES AND 2) WORK WITH ALL INTERESTED PUBLIC AND PRIVATE PARTIES TOWARD A GOAL OF SECURING DECENT PERMANATELY AFFORDABLE, SUSTAINABLE HOUSING FOR FAMILIES AND INDIVIDUALS OF LOW AND MODERATE INCOME VITAL TO MAINTAINING THE ECONOMIC, SOCIAL AND ENVIRONMENTAL INTEGRITY OF OUR COMMUNITIES.

  • ARCH DELIVERS ALL STAGES OF THE HOUSING DEVELOPMENT PROCESS FROM SITE SELECTION AND ACQUISITION THROUGH ENTITLEMENTS, CONSTRUCTION, AND MANAGEMENT OF HOUSING FOR OUR WORKFORCE. ARCH BUILDS HOUSING FOR LOWER INCOME RESIDENTS USING FEDERAL HOUSING PROGRAMS AND USES PRIVATE FUNDS, INCLUDING PHILANTHROPY, TO BUILD HOUSING FOR MODERATE INCOME HOUSEHOLDS.

    Expenses $1,121,685 · Revenue $892,902

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Cynthia Hull

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • John Flattery

    VP, TREASURY

    Total calculated
    $0
    Hours/week
    3

  • Sherri Newland

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Ernie Getto

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Peter Lemman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Fred Pillon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lisa Rose

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Gretchen Stinnett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Kirsten Phillips

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Drennan Wesley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Erica Petersen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.25

  • Michelle Griffith

    EXECUTIVE DIRECTOR

    Total calculated
    $140,875
    From this org
    $140,875
    From related orgs
    $0
    Other
    $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.

Schedule J

Answered yes

  • 3 · Compensation survey or study

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.

Related partnerships

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

  • RIVER STREET SENIOR HOUSING LLC

    RELATED · RRE · ID · 39% owned · general or managing partner

  • RIVER STREET APARTMENTS LIMITED PARTNERS

    RELATED · RRE · ID · 39% owned

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • BM SENIOR LLC

    C · RRE · ID · 51% owned

  • BM FAMILY LLC

    C · RRE · ID · 51% owned

Provenance

Return type
form_990
Tax year
2023
Filed
3 June 2025
IRS schema version
2023v6.0
Source object
202501569349300600

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