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← TRELLIS

Form 990 for tax year 2024

Filed by TRELLIS.

Totals

Total revenue
$5,097,340
Total expenses
$2,996,685
Contributions and grants received
$3,741,314
Grants paid
$220,000
Program service revenue
$899,647
Investment income
$72,960
Other revenue
$383,419
Total assets, end of year
$16,954,717
Total liabilities, end of year
$3,320,083
Net assets or fund balances, end of year
$13,634,634
Program services expenses (Part IX)
$2,087,230
Management and general expenses
$839,064
Fundraising expenses
$70,391
Program service expenses (Part III)
$2,087,230

Program services were 69.7% 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.

  • 1a · Federated campaigns

    $1,838

  • 1e · Government grants (contributions)

    $1,136,546

  • 1f · All other contributions, gifts and grants

    $2,602,930

  • 1g · Noncash contributions included above

    $850

  • 2a · Program service revenue: LOAN SERVICING & ORIGI

    total $419,402 · related or exempt $394,925 · unrelated business $24,477

  • 2b · Program service revenue: HOME BUYER EDUCATION &

    total $391,418 · related or exempt $391,418

  • 2c · Program service revenue: AFFORDABLE HOUSING DEV

    total $55,379 · related or exempt $55,379

  • 2d · Program service revenue: OTHER PROGRAM SERVICE

    total $33,448 · related or exempt $33,448

  • 3 · Investment income

    total $72,960 · excluded $72,960

  • 6a · Gross rents

    real property $28,101

  • 6b · Less rental expenses

    real property $28,101

  • 6c · Rental income or loss

    real property $0

  • 6d · Net rental income or loss

    total $0

  • 11a · Other revenue: MANAGEMENT FEES

    total $383,419 · related or exempt $383,419

  • 11e · Other revenue, total

    $383,419

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $220,000 · program services $220,000

  • 5 · Compensation of officers, directors and key employees

    total $222,324 · program services $67,443 · management and general $144,186 · fundraising $10,695

  • 7 · Other salaries and wages

    total $1,164,696 · program services $881,156 · management and general $279,953 · fundraising $3,587

  • 8 · Pension plan contributions

    total $19,018 · program services $18,964 · management and general $54

  • 9 · Other employee benefits

    total $74,978 · program services $57,320 · management and general $16,389 · fundraising $1,269

  • 10 · Payroll taxes

    total $121,315 · program services $83,474 · management and general $36,662 · fundraising $1,179

  • 11b · Fees: legal

    total $7,280 · management and general $7,280

  • 11c · Fees: accounting

    total $59,690 · management and general $59,690

  • 11g · Fees: other

    total $427,755 · program services $178,404 · management and general $202,672 · fundraising $46,679

  • 12 · Advertising and promotion

    total $55,026 · program services $45,388 · management and general $7,537 · fundraising $2,101

  • 13 · Office expenses

    total $59,509 · program services $42,938 · management and general $15,700 · fundraising $871

  • 17 · Travel

    total $23,586 · program services $13,997 · management and general $9,609 · fundraising -$20

  • 20 · Interest

    total $117,887 · program services $117,887

  • 22 · Depreciation, depletion and amortization

    total $85,891 · program services $73,733 · management and general $11,666 · fundraising $492

  • 23 · Insurance

    total $69,514 · program services $64,457 · management and general $4,766 · fundraising $291

  • 24a · Other expenses: EQUIPMENT RENTAL AND MA

    total $136,538 · program services $101,607 · management and general $32,389 · fundraising $2,542

  • 24b · Other expenses: BAD DEBT EXPENSE

    total $57,400 · program services $57,400

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $35,312 · program services $31,210 · management and general $3,879 · fundraising $223

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $30,827 · program services $24,613 · management and general $5,992 · fundraising $222

  • 24e · All other expenses

    total $8,139 · program services $7,239 · management and general $640 · fundraising $260

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,860,004 · end of year $1,106,335

  • 2 · Savings and temporary cash investments

    beginning of year $21,184 · end of year $2,699

  • 3 · Pledges and grants receivable

    beginning of year $20,000

  • 4 · Accounts receivable

    beginning of year $1,803,814 · end of year $1,005,892

  • 7 · Other notes and loans receivable

    beginning of year $5,879,463 · end of year $8,511,561

  • 8 · Inventories for sale or use

    beginning of year $2,628,580

  • 9 · Prepaid expenses and deferred charges

    beginning of year $76,760 · end of year $30,406

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

    $3,212,698

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

    $1,419,134

  • 10c · Land, buildings and equipment, net

    beginning of year $1,858,515 · end of year $1,793,564

  • 12 · Investments: other securities

    beginning of year $7,599 · end of year $7,599

  • 15 · Other assets

    beginning of year $1,195,807 · end of year $4,496,661

  • 17 · Accounts payable and accrued expenses

    beginning of year $228,164 · end of year $189,857

  • 19 · Deferred revenue

    beginning of year $572,960 · end of year $378,086

  • 24 · Unsecured notes and loans payable

    beginning of year $2,998,427 · end of year $2,674,443

  • 25 · Other liabilities

    beginning of year $18,196 · end of year $77,697

  • 27 · Net assets without donor restrictions

    beginning of year $10,488,413 · end of year $12,779,060

  • 28 · Net assets with donor restrictions

    beginning of year $1,045,566 · end of year $855,574

Mission and programs · 2024

Mission

TRELLIS IS DEDICATED TO MAKING STABLE HOMES AND COMMUNITIES POSSIBLE BY EDUCATING, BUILDING AND LENDING.

  • LOAN AND LENDING SERVICES - TRELLIS IS A LICENSED MORTGAGE BANKER IN THE STATE OF ARIZONA AND A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPROVED SECONDARY LENDER. TRELLIS ORIGINATES AND SERVICES FIRST AND SECOND MORTGAGE LOANS AND DOWN PAYMENT/CLOSING COST ASSISTANCE. TRELLIS DEVELOPS AND/OR ADMINISTERS SPECIAL MORTGAGE PROGRAMS DESIGNED TO MEET THE CREDIT NEEDS OF ALL BORROWERS, PARTICULARLY LOW-TO-MODERATE INCOME BORROWERS. LOAN TERMS MAY VARY FROM CONVENTIONAL INTEREST-BEARING, FULLY-AMORTIZING LOANS TO FULLY-FORGIVABLE LOANS THAT SUBSIDIZE HOME PURCHASES.

    Expenses $1,227,257 · Grants $220,000 · Revenue $394,925

  • AFFORDABLE HOME DEVELOPMENT - THROUGH ITS AFFILIATE MISSION HOUSING LLC, TRELLIS PARTNERED IN A LOW-INCOME HOUSING TAX CREDIT PROJECT TO BUILD AND LEASE 42 TOWNHOMES IN NORTH-CENTRAL PHOENIX. AFFORDABLE HOME DEVELOPMENT ALSO INCLUDES THE ACTIVITIES OF TRELLIS REALTY, LLC WHICH ACTS AS A BROKER TO SELL PROPERTIES DEVELOPED AND OWNED BY TRELLIS; ASSISTS CLIENTS IN SELLING AND PURCHASING PROPERTIES NOT OWNED BY TRELLIS; AND LIST PROPERTIES OWNED BY THE CITY OF PHOENIX FOR SALE TO FIRST-TIME HOMEBUYERS.

    Expenses $279,702 · Revenue $438,798

  • HOMEBUYER EDUCATION, COUNSELING AND FINANCIAL COACHING - TRELLIS OFFERS ONE-ON-ONE AND PRE- AND POST-PURCHASE HOUSING COUNSELING AND FINANCIAL COACHING; HOMEBUYER EDUCATION ONSITE AND ONLINE; AND CREDIT AND MONEY MANAGEMENT WORKSHOPS IN BOTH ENGLISH AND SPANISH. TRELLIS VOLUNTARILY ADOPTED THE NATIONAL INDUSTRY STANDARDS FOR HOMEOWNERSHIP AND COUNSELING WHICH ESTABLISHES STANDARDS FOR EDUCATION AND COUNSELING SERVICES AND SETS AGENCY TRAINING STANDARDS. TRELLIS HAS THREE HOUSING COUNSELORS WHO MEET THE EXPANDED DODD-FRANK HUD COUNSELOR CERTIFICATION.

    Expenses $432,980 · Revenue $391,418

  • Expenses $147,291 · Revenue $33,448

As filed on the 2024 return.

Listed in Part VII

  • Busching Marcia

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Miller Jameson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • James Abraham B III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Spencer Ginger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Romero Michael

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thomas Katie

    DIRECTOR (THRU JULY 2024)

    Total calculated
    $0
    Hours/week
    1

  • Scheel Bill

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chaves Pedro

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Garcia Fabio

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Butler Reid

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Townsend Felicia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dartez Kim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dombek Raleigh

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Ortega Kristopher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gavin Laya

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Van Der Veen Kim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Golberg Trixieann

    CEO (THRU JULY 2024)

    Total calculated
    $106,256
    From this org
    $101,229
    From related orgs
    $0
    Other
    $5,027
    Hours/week
    35 + 5 related

  • Lopez Brenda

    INTERIM CEO

    Total calculated
    $121,702
    From this org
    $118,199
    From related orgs
    $0
    Other
    $3,503
    Hours/week
    35 + 5 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.

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.

  • LA CIUDAD LLC

    OFFICE BUILDING · AZ · income $138,010 · assets $1,780,856

    Directly controlled by TRELLIS

  • PHOENIX HOUSING PARTNERSHIP LLC

    HOLDING LAND FOR FUTURE DEVELOPMENT · AZ · income $0 · assets $0

    Directly controlled by TRELLIS

  • NHSP HOLDINGS LLC

    CONSTRUCTION · AZ · income $0 · assets $0

    Directly controlled by TRELLIS

  • MISSION HOUSING LLC

    TAX CREDIT PROJECTS · AZ · income $68,318 · assets $3,497,480

    Directly controlled by TRELLIS

  • TRELLIS REALTY LLC

    HOME SALES · AZ · income $39,357 · assets $28,201

    Directly controlled by TRELLIS

  • TRELLIS MORTGAGE LLC

    MORTGAGE LOANS · AZ · income $24,477 · assets $0

    Directly controlled by TRELLIS

Related partnerships

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

  • MISSION HOUSING LP

    0 · TAX CREDIT PROJECTS · AZ · 0.01% owned · general or managing partner

    Directly controlled by MISSION HOUSING LLC

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503219349303635

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