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Nonprofiteer
← ARCHWAY INVESTMENT CORPORATION INC

Form 990 for tax year 2025

Filed by ARCHWAY INVESTMENT CORPORATION INC.

Totals

Total revenue
$4,227,990
Total expenses
$3,136,733
Contributions and grants received
$3,855,064
Grants paid
$0
Program service revenue
$629,215
Investment income
$0
Other revenue
-$256,289
Total assets, end of year
$69,514,523
Total liabilities, end of year
$39,485,075
Net assets or fund balances, end of year
$30,029,448
Program services expenses (Part IX)
$3,136,733
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$3,136,733

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.

  • 1d · Related organizations

    $3,000,000

  • 1e · Government grants (contributions)

    $855,064

  • 2a · Program service revenue: TAX CREDIT PROCEEDS

    total $404,214 · related or exempt $404,214

  • 2b · Program service revenue: INTEREST ON LOANS

    total $159,078 · related or exempt $159,078

  • 2c · Program service revenue: MANAGEMENT FEES

    total $50,923 · related or exempt $50,923

  • 2d · Program service revenue: CONSULTING INCOME

    total $15,000 · related or exempt $15,000

  • 6a · Gross rents

    real property $2,089,013

  • 6b · Less rental expenses

    real property $2,607,786

  • 6c · Rental income or loss

    real property -$518,773

  • 6d · Net rental income or loss

    total -$518,773 · related or exempt -$518,773

  • 11a · Other revenue: PARTNERSHIP EARNINGS

    total $258,774 · related or exempt $258,774

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $3,710 · related or exempt $3,710

  • 11e · Other revenue, total

    $262,484

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $455,961 · program services $455,961

  • 7 · Other salaries and wages

    total $244,860 · program services $244,860

  • 8 · Pension plan contributions

    total $54,471 · program services $54,471

  • 10 · Payroll taxes

    total $51,611 · program services $51,611

  • 11a · Fees: management

    total $4,669 · program services $4,669

  • 11b · Fees: legal

    total $85,270 · program services $85,270

  • 11c · Fees: accounting

    total $51,800 · program services $51,800

  • 11g · Fees: other

    total $1,298 · program services $1,298

  • 16 · Occupancy

    total $6,744 · program services $6,744

  • 20 · Interest

    total $40,177 · program services $40,177

  • 22 · Depreciation, depletion and amortization

    total $28,447 · program services $28,447

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $2,002,690 · program services $2,002,690

  • 24b · Other expenses: OPERATING AND MAINTENAN

    total $108,735 · program services $108,735

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,756,822 · end of year $4,489,414

  • 4 · Accounts receivable

    beginning of year $11,529,818 · end of year $8,840,508

  • 7 · Other notes and loans receivable

    beginning of year $18,933,624 · end of year $23,987,270

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,160 · end of year $56,578

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

    $25,431,438

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

    $599,784

  • 10c · Land, buildings and equipment, net

    beginning of year $1,148,500 · end of year $24,831,654

  • 12 · Investments: other securities

    beginning of year -$538,607 · end of year -$1,216,984

  • 15 · Other assets

    beginning of year $0 · end of year $8,526,083

  • 17 · Accounts payable and accrued expenses

    beginning of year $243,720 · end of year $1,184,242

  • 23 · Secured mortgages and notes payable

    beginning of year $2,816,294 · end of year $36,009,985

  • 25 · Other liabilities

    beginning of year $2,273,847 · end of year $2,290,848

  • 27 · Net assets without donor restrictions

    beginning of year $28,498,456 · end of year $30,029,448

Mission and programs · 2025

Mission

TO DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND SENIORS.

  • TO DEVELOP AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND SENIORS.

    Expenses $3,136,733 · Revenue $4,227,990

  • N/A

  • N/A

As filed on the 2025 return.

Listed in Part VII

  • Tracy Gargaro

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Lee Berg

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • Zenzi Reeves

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lia Martinez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Libby Comeaux

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Allyson Drayton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sarah Blanchard

    SENIOR DEVELOPMENT MANAGEM

    Total calculated
    $173,177
    From this org
    $0
    From related orgs
    $173,177
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $173,177 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $173,177 related

  • Shaina Maphet

    DEVELOPMENT MANAGER

    Total calculated
    $141,310
    From this org
    $0
    From related orgs
    $141,310
    Other
    $0
    Hours/week
    0 + 40 related

  • Katherine Mackenna

    DEVELOPMENT MANAGER

    Total calculated
    $141,474
    From this org
    $0
    From related orgs
    $141,474
    Other
    $0
    Hours/week
    0 + 40 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.

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.

  • COLFAX AND GRAY LLC

    RE · CO

  • 16TH AND BEELER LLC

    RE · CO

  • ARCHWAY MONTVIEW MANOR LLC

    RE · CO · income $532,841 · assets $12,070,534

  • ARCHWAY JODY ACQUISITION LLC

    RE · CO · income -$90,213 · assets $7,932,976

  • ARCHWAY DOWNING SQUARE APARTMENTS LLC

    RE · CO · income -$311,401 · assets $10,571,767

  • CREEKSIDE LLLP

    RE · CO

Related partnerships

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

  • ARCHWAY FOUNTAIN RIDGE SOUTH LLC

    RE · CO · 99.99% owned · share of income $98,262 · share of assets $6,584,952 · general or managing partner

  • 40 WEST RESIDENCES LLLP

    RE · CO · 0.01% owned · share of income -$71 · share of assets $1,200,360 · general or managing partner

  • THE FLATS AT TWO CREEKS LLLP

    RE · CO · 0.01% owned · share of income -$44 · share of assets $1,509,771 · general or managing partner

  • ARAPAHOE GREEN LLLP

    RE · CO · 99.99% owned · share of income -$182,016 · share of assets $3,172,809 · general or managing partner

  • 2275 WADSWORTH LIHTC LLLP

    RE · CO · 0.05% owned · share of income -$32 · share of assets $1,519,167 · general or managing partner

  • PARK HILL CAMPUS LIHTC LLLP

    RE · CO · 0.01% owned · share of income -$157 · share of assets $12,702,867 · general or managing partner

  • SHERIDAN & WILLOW JV LLC

    RE · CO · 12.01% owned · share of assets $3,365,988 · general or managing partner

Related corporations and trusts

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

  • CREEKSIDE GP LLC

    C · RE · CO · 100% owned · controlled entity

Provenance

Return type
form_990
Tax year
2025
Filed
2 June 2026
IRS schema version
2025v4.1
Source object
202641539349301509

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