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Nonprofiteer
← POSADA

Form 990 for tax year 2023

Filed by POSADA.

Totals

Total revenue
$3,340,132
Total expenses
$1,984,419
Contributions and grants received
$2,628,183
Grants paid
$0
Program service revenue
$697,236
Investment income
$12,133
Other revenue
$2,580
Total assets, end of year
$11,311,621
Total liabilities, end of year
$2,805,096
Net assets or fund balances, end of year
$8,506,525
Program services expenses (Part IX)
$1,786,119
Management and general expenses
$145,335
Fundraising expenses
$52,965
Program service expenses (Part III)
$1,786,119

Program services were 90.0% 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.

  • 1e · Government grants (contributions)

    $1,765,376

  • 1f · All other contributions, gifts and grants

    $862,807

  • 1g · Noncash contributions included above

    $75,000

  • 2a · Program service revenue: LOW INCOME RENT

    total $697,236 · related or exempt $697,236

  • 3 · Investment income

    total $12,133 · excluded $12,133

  • 11a · Other revenue: MISCELLANEOUS

    total $1,980 · related or exempt $1,980

  • 11b · Other revenue: EVENT

    total $600 · related or exempt $600

  • 11e · Other revenue, total

    $2,580

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $105,000 · program services $78,342 · fundraising $26,658

  • 7 · Other salaries and wages

    total $506,365 · program services $419,395 · management and general $70,159 · fundraising $16,811

  • 9 · Other employee benefits

    total $73,462 · program services $60,593 · management and general $12,081 · fundraising $788

  • 10 · Payroll taxes

    total $52,399 · program services $40,457 · management and general $6,679 · fundraising $5,263

  • 11g · Fees: other

    total $49,258 · program services $40,708 · management and general $8,410 · fundraising $140

  • 13 · Office expenses

    total $9,498 · program services $6,115 · management and general $3,383

  • 16 · Occupancy

    total $181,424 · program services $173,515 · management and general $6,492 · fundraising $1,417

  • 17 · Travel

    total $13,110 · program services $12,860 · management and general $250

  • 19 · Conferences, conventions and meetings

    total $6,632 · program services $3,451 · management and general $3,181

  • 20 · Interest

    total $101,502 · program services $91,385 · management and general $10,117

  • 22 · Depreciation, depletion and amortization

    total $303,071 · program services $301,371 · management and general $1,700

  • 23 · Insurance

    total $141,394 · program services $128,001 · management and general $13,393

  • 24a · Other expenses: CLIENT ASSISTANCE

    total $296,743 · program services $295,301 · fundraising $1,442

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $110,054 · program services $108,871 · management and general $1,183

  • 24c · Other expenses: TELEPHONE

    total $12,157 · program services $11,664 · management and general $493

  • 24d · Other expenses: PROGRAM SUPPLIES

    total $5,305 · program services $5,095 · fundraising $210

  • 24e · All other expenses

    total $17,045 · program services $8,995 · management and general $7,814 · fundraising $236

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $688,775 · end of year $739,564

  • 3 · Pledges and grants receivable

    beginning of year $112,015 · end of year $106,217

  • 4 · Accounts receivable

    beginning of year $4,148 · end of year $13,880

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,515 · end of year $28,223

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

    $13,860,766

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

    $4,057,560

  • 10c · Land, buildings and equipment, net

    beginning of year $7,560,995 · end of year $9,803,206

  • 11 · Investments: publicly traded securities

    beginning of year $466,662 · end of year $544,056

  • 15 · Other assets

    end of year $76,475

  • 17 · Accounts payable and accrued expenses

    beginning of year $102,654 · end of year $35,599

  • 24 · Unsecured notes and loans payable

    beginning of year $1,444,217 · end of year $2,524,575

  • 25 · Other liabilities

    beginning of year $221,688 · end of year $244,922

  • 27 · Net assets without donor restrictions

    beginning of year $5,422,052 · end of year $7,292,026

  • 28 · Net assets with donor restrictions

    beginning of year $1,663,499 · end of year $1,214,499

Mission and programs · 2023

Mission

THE ENTITY WAS CREATED TO PROVIDE SUPPORTIVE SERVICES, HOUSING AND SHELTER FOR THE HOMELESS AND LOW-INCOME POPULATION IN PUEBLO, CO.

  • SUPPORTIVE HOUSING. POSADA PROVIDES SUPPORTIVE AND WRAP AROUND SERVICES TO THE HOMELESS POPULATION IN PUEBLO WITH THE PURPOSE OF LEADING THEM TO EDUCATION, EMPLOYMENT, BEHAVIORAL HEALTH SERVICES AND PERMANENT HOUSING. DIRECT SERVICES AND REFERRALS TO MAINSTREAM SERVICES ARE PROVIDED. EMPHASIS IS PUT ON SERVING HOMELESS FAMILIES, YOUTH AND THE HOMELESS VETERAN POPULATION.

    Expenses $395,063

  • TRANSITIONAL (UP TO TWO YEARS) AND PERMANENT HOUSING PROGRAMS ARE PROVIDED TO FAMILIES, WITH CHILDREN, INDIVIDUALS AND HOUSEHOLDS WITH DISABILITIES. WRAP-AROUND AND DIRECT SERVICES ARE PROVIDED IN AN EFFORT TO FOSTER SELF- SUFFCIENCY.

    Expenses $80,388

  • THROUGH POSADA'S COMMUNITY HOUSING DEVELOPMENT (CHDO)PROGRAM, AFFORDABLE HOUSING IS DEVELOPED FOR PERSONS OF LOW AND MODERATE INCOME.

    Expenses $1,310,668 · Revenue $697,236

  • OTHER ASSISTANCE

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

Listed in Part VII

  • Rachel Shulman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Yanera McCulley

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2

  • Bob Hudson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Michelle Randall

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Lashawnda Padilla

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gina Hayworth

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dale Tesmer

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Matthew Schumacher

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kim Bowman

    EXECUTIVE DI

    Total calculated
    $109,782
    From this org
    $106,632
    From related orgs
    $0
    Other
    $3,150
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
20 August 2024
IRS schema version
2023v5.0
Source object
202433069349301773

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