Form 990 for tax year 2023
Filed by AFFORDABLE HOUSING OPPORTUNITIES INC.
Totals
- Total revenue
- $3,373,234
- Total expenses
- $3,940,529
- Contributions and grants received
- $0
- Grants paid
- $320,000
- Program service revenue
- $3,147,391
- Investment income
- $843
- Other revenue
- $225,000
- Total assets, end of year
- $51,480,203
- Total liabilities, end of year
- $28,166,002
- Net assets or fund balances, end of year
- $23,314,201
- Program services expenses (Part IX)
- $3,940,529
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,940,529
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
LINDA JO SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
MICHELLE BARNABY
TREASURER
- Total calculated
- $279,181
- From this org
- $0
- From related orgs
- $244,737
- Other
- $34,444
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $244,737 related
- Other
- $0
- Deferred
- $0 + $11,991 related
- Nontaxable benefits
- $0 + $22,453 related
- Filer's total
- $0 + $279,181 related
-
SR MARY CATHERINE GUILER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
TROY SWANDA
PRESIDENT
- Total calculated
- $312,680
- From this org
- $0
- From related orgs
- $270,455
- Other
- $42,225
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $270,455 related
- Other
- $0
- Deferred
- $0 + $19,725 related
- Nontaxable benefits
- $0 + $22,500 related
- Filer's total
- $0 + $312,680 related
-
FR JOHN ADAMS
EMERTIUS
- Total calculated
- $0
- Hours/week
- 0
-
RALPH BOYD
VICE PRESIDENT
- Total calculated
- $424,899
- From this org
- $0
- From related orgs
- $388,654
- Other
- $36,245
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $353,654 related
- Other
- $0 + $35,000 related
- Deferred
- $0 + $15,026 related
- Nontaxable benefits
- $0 + $21,219 related
- Filer's total
- $0 + $424,899 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
The filer's explanations (Part III)
- PART I, LINE 3
- CEO COMPENSATION IS ESTABLISHED BY RELATED ORGANIZATION, SOME, INC. USING THE FOLLOWING METHOD: EXECUTIVE SALARIES ARE PROPOSED BASED ON MARKET DATA FOR SIMILAR POSITIONS AND ORGANIZATIONS IN THE WASHINGTON DC AREA. THE BOARD MAKES A FINAL DETERMINATION ON THE COMPENSATION FOR THE PRESIDENT AND EXECUTIVE DIRECTOR. COMPENSATION OF OTHER POSITIONS IS DETERMINED AS PART OF SOME'S REGULAR COMPENSATION DETERMINATION PROCEDURES WHICH INCLUDES REFERENCING MARKET DATA.
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
-
$320,000
TO SUPPORT THE LONG-TERM NEEDS OF AFFORDABLE HOUSING
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.
-
501(C)(3) · PROVIDES SUPPORT & SERVICES TO THE HOMELESS · DC
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.
-
AFFORDABLE HOUSING · DC · income $0 · assets $0
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $0 · assets $0
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $0 · assets $0
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $204,504 · assets $1,723,666
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $272,700 · assets $17,826,723
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $1,735,948 · assets $15,175,238
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $0 · assets $0
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $0 · assets $0
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $0 · assets $12,327,671
Directly controlled by AHO INC
-
AFFORDABLE HOUSING · DC · income $0 · assets $0
Directly controlled by AHO INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$27 · share of assets $632 · general or managing partner
Directly controlled by AP LLC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$184 · share of assets $4,372 · general or managing partner
Directly controlled by BR LLC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$31 · share of assets $787 · general or managing partner
Directly controlled by NR LLC
-
SUPPORTIVE HOUSING OPPORTUNITIES LLC
AFFORDABLE HOUSING · DC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$82 · share of assets $1,775 · general or managing partner
Directly controlled by SR LLC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$119 · share of assets $2,247 · general or managing partner
Directly controlled by SS II LLC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income $203,423 · share of assets $1,793,813 · general or managing partner
Directly controlled by ZH LLC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$241 · share of assets $2,628 · general or managing partner
Directly controlled by SS III LLC
-
RELATED · AFFORDABLE HOUSING · DC · 0.01% owned · share of income -$37 · share of assets $6,749 · general or managing partner
Directly controlled by 1515 NCAP LLC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C · AFFORDABLE HOUSING · DC · 100% owned · share of income -$31 · share of assets -$72 · controlled entity
Directly controlled by AHO INC
-
C · AFFORDABLE HOUSING · DC · 100% owned · share of income -$119 · share of assets $1,160 · controlled entity
Directly controlled by AHO INC
-
C · AFFORDABLE HOUSING · DC · 100% owned · share of income -$82 · share of assets $441,120 · controlled entity
Directly controlled by AHO INC
-
C · AFFORDABLE HOUSING · DC · 100% owned · share of income -$27 · share of assets $94 · controlled entity
Directly controlled by AHO INC
-
C · AFFORDABLE HOUSING · DC · 100% owned · share of income -$173 · share of assets $2,606 · controlled entity
Directly controlled by AHO INC
-
C · AFFORDABLE HOUSING · DC · 100% owned · share of income -$19 · share of assets $5,869 · controlled entity
Directly controlled by AHO INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433129349300503
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