Skip to content
Nonprofiteer
← CITY OF DOUGLAS COMMUNITY HOUSING CORPORATION

Form 990 for tax year 2023

Filed by CITY OF DOUGLAS COMMUNITY HOUSING CORPORATION.

Totals

Total revenue
$2,763,197
Total expenses
$1,061,965
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$406,337
Investment income
$2,341,349
Other revenue
$15,511
Total assets, end of year
$0
Total liabilities, end of year
$17,150
Net assets or fund balances, end of year
-$17,150
Program services expenses (Part IX)
$956,647
Management and general expenses
$105,318
Fundraising expenses
$0
Program service expenses (Part III)
$956,647

Program services were 90.1% 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: APARTMENT RENT

    total $406,337 · related or exempt $406,337

  • 3 · Investment income

    total $151 · excluded $151

  • 7a · Gross sales of assets other than inventory

    other assets $4,934,000

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

    other assets $2,592,802

  • 7c · Gain or loss

    other assets $2,341,198

  • 7d · Net gain or loss

    total $2,341,198 · excluded $2,341,198

  • 11a · Other revenue: TENANT CHARGES

    total $12,235 · related or exempt $12,235

  • 11b · Other revenue: OTHER INCOME

    total $3,276 · related or exempt $3,276

  • 11e · Other revenue, total

    $15,511

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $73,597 · program services $48,481 · management and general $25,116

  • 10 · Payroll taxes

    total $13,978 · program services $9,208 · management and general $4,770

  • 11a · Fees: management

    total $27,941 · management and general $27,941

  • 11c · Fees: accounting

    total $37,069 · management and general $37,069

  • 12 · Advertising and promotion

    total $1,839 · management and general $1,839

  • 13 · Office expenses

    total $4,082 · management and general $4,082

  • 16 · Occupancy

    total $35,168 · program services $35,168

  • 20 · Interest

    total $75,837 · program services $75,837

  • 22 · Depreciation, depletion and amortization

    total $76,384 · program services $76,384

  • 23 · Insurance

    total $7,395 · program services $7,395

  • 24a · Other expenses: DONATIONS

    total $500,040 · program services $500,040

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $132,471 · program services $132,471

  • 24c · Other expenses: SUPPLIES

    total $35,594 · program services $35,594

  • 24d · Other expenses: REAL ESTATE TAXES

    total $13,749 · program services $13,749

  • 24e · All other expenses

    total $26,821 · program services $22,320 · management and general $4,501

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $39,471

  • 2 · Savings and temporary cash investments

    beginning of year $322,371

  • 4 · Accounts receivable

    beginning of year $92

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,728

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

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $2,567,039

  • 15 · Other assets

    beginning of year $59,993 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $72,035 · end of year $17,150

  • 19 · Deferred revenue

    beginning of year $6,447

  • 21 · Escrow or custodial account liability

    beginning of year $27,225

  • 23 · Secured mortgages and notes payable

    beginning of year $3,829,581

  • 24 · Unsecured notes and loans payable

    beginning of year $800,788

  • 27 · Net assets without donor restrictions

    beginning of year -$1,718,382 · end of year -$17,150

Mission and programs · 2023

Mission

OPERATED AN 80 UNIT COMPLEX UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT.

Activities or mission (Part I)

OPERATES AN 80 UNIT COMPLEX UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT.

  • OPERATED AN 80 UNIT COMPLEX UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT IN DOUGLAS, ARIZONA.

    Expenses $956,647 · Revenue $421,848

As filed on the 2023 return.

Listed in Part VII

  • Vicky Merritt

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Debbie Wendt

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Belen Durazo

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Denise Machado

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Desiree Rice

    DIRECTOR

    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.

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.

  • CITY OF DOUGLAS

    CITY GOVERNMENT · AZ

Provenance

Return type
form_990
Tax year
2023
Filed
23 April 2025
IRS schema version
2023v6.0
Source object
202511149349302016

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.