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Nonprofiteer
← ALLIED HOUSING INC

Form 990 for tax year 2024

Filed by ALLIED HOUSING INC.

Totals

Total revenue
$1,268,329
Total expenses
$870,564
Contributions and grants received
$888,378
Grants paid
$0
Program service revenue
$250,810
Investment income
$48,755
Other revenue
$80,386
Total assets, end of year
$3,672,644
Total liabilities, end of year
$205,274
Net assets or fund balances, end of year
$3,467,370
Program services expenses (Part IX)
$782,909
Management and general expenses
$68,812
Fundraising expenses
$18,843
Program service expenses (Part III)
$782,909

Program services were 89.9% 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.

  • 1c · Fundraising events

    $7,898

  • 1d · Related organizations

    $100,000

  • 1f · All other contributions, gifts and grants

    $780,480

  • 2a · Program service revenue: MANAGEMENT FEE REVENUE

    total $238,800 · related or exempt $238,800

  • 2b · Program service revenue: INCOME FROM PARTNERSHI

    total $12,010 · related or exempt $12,010

  • 3 · Investment income

    total $48,755 · excluded $48,755

  • 8a · Fundraising events: gross income

    $99,183

  • 8a · Fundraising events: contributions included on line 1c

    $7,898

  • 8b · Fundraising events: direct expenses

    $40,998

  • 8c · Net income from fundraising events

    total $58,185 · excluded $58,185

  • 11a · Other revenue: OTHER INCOME

    total $22,201 · excluded $22,201

  • 11e · Other revenue, total

    $22,201

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $630,196 · program services $541,254 · management and general $75,915 · fundraising $13,027

  • 11g · Fees: other

    total $145,398 · program services $124,877 · management and general $17,515 · fundraising $3,006

  • 12 · Advertising and promotion

    total $257 · program services $221 · management and general $31 · fundraising $5

  • 13 · Office expenses

    total $158,438 · program services $136,076 · management and general $19,087 · fundraising $3,275

  • 24a · Other expenses: TENANT ACTIVITIES

    total $106,541 · program services $91,505 · management and general $12,834 · fundraising $2,202

  • 24b · Other expenses: STAFF TRAINING

    total $205 · program services $176 · management and general $25 · fundraising $4

  • 24c · Other expenses: FUNDRAISING ADJUSTMENT

    total -$40,998 · management and general -$40,998

  • 24d · Other expenses: SALARY ADJUSTMENT

    total -$129,473 · program services -$111,200 · management and general -$15,597 · fundraising -$2,676

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,084,441 · end of year $1,040,447

  • 2 · Savings and temporary cash investments

    beginning of year $347,995 · end of year $279,005

  • 3 · Pledges and grants receivable

    beginning of year $165,209 · end of year $157,191

  • 4 · Accounts receivable

    beginning of year $2,390 · end of year $3,717

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,180 · end of year $1,979

  • 13 · Investments: program-related

    beginning of year $114,350 · end of year $126,360

  • 15 · Other assets

    beginning of year $1,487,712 · end of year $2,063,945

  • 17 · Accounts payable and accrued expenses

    beginning of year $45,672 · end of year $43,274

  • 25 · Other liabilities

    beginning of year $90,000 · end of year $162,000

  • 27 · Net assets without donor restrictions

    beginning of year $2,621,032 · end of year $3,160,369

  • 28 · Net assets with donor restrictions

    beginning of year $448,573 · end of year $307,001

Mission and programs · 2024

Mission

TO PROVIDE LIFE-ENRICHING EXPERIENCES TO OLDER ADULTS THROUGH A BROAD RANGE OF HOUSING AND SUPPORT SERVICES THAT REFLECT THE SPIRITUAL, SOCIAL, AND CULTURAL VALUES OF JEWISH TRADITION.

Activities or mission (Part I)

PROVIDE HOUSING AND SUPPORT SERVICES TO LOW INCOME SENIORS

  • ALLIED HOUSING, INC. OWNS A 1% INTEREST IN THREE APARTMENT BUILDINGS THAT PROVIDE LOW INCOME HOUSING AND SERVICES FOR THE ELDERLY IN DENVER, COLORADO. OUR GOAL IS TO SERVE OUR RESIDENTS AS WELL AS THE COMMUNITY THROUGH AN ON-SITE HEALTH AND WELLNESS CENTER OFFERING PHYSICAL THERAPY, EXERCISE AND HEALTHY LIVING CLASSES; MEDICAL CLINICS; AND PROVIDING EDUCATIONAL AND LIFE-ENRICHMENT PROGRAMS TO ACTIVE OLDER ADULTS THROUGH KAVOD ON THE ROAD.

    Expenses $782,909 · Revenue $250,810

As filed on the 2024 return.

Listed in Part VII

  • MOLLY ZWERDLINGER

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • SCOTT FISHER

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • DEBRA PIAZZA

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • BRIAN BOTNICK

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • ELLEN ABRAMS

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ALAN REIFLER

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • ROB FRIEDMAN

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JAN SCHORR

    MEMBER/AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • DEBRA SCHUSTER

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • JOEY SIMON

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • JAMIE SARCHE

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • GARY SALTZMAN

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • DR HANAH POLOTSKY

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • CONNELL SALTZMAN

    MEMBER/AT-LARGE

    Total calculated
    $0
    Hours/week
    1
  • YOLANDA WEBB

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • ESSEY YIRDAW

    MEMBER

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL KLEIN

    PRESIDENT/CEO

    Total calculated
    $307,862
    From this org
    $307,862
    From related orgs
    $0
    Other
    $0
    Hours/week
    10.5 + 34 related

    Schedule J breakdown matched by us

    Base
    $261,958
    Bonus
    $45,904
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $307,862
  • KARA HARVEY

    CHIEF OPERATING OFFICER

    Total calculated
    $87,542
    From this org
    $87,542
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • JOHN L MCCARTHY

    CHIEF FINANCIAL OFFICER

    Total calculated
    $172,331
    From this org
    $172,331
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $161,331
    Bonus
    $11,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $172,331
  • TRACY KAPAUN

    FORMER CHIEF OPERATING OFFICER

    Total calculated
    $62,461
    From this org
    $62,461
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $62,461
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $62,461

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

  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE ORGANIZATION'S COMPENSATION COMMITTEE ANNUALLY REVIEWS THE PERFORMANCES OF THE EXECUTIVE STAFF TO DETERMINE IF ADDITIONAL COMPENSATION IN THE FORM OF BONUSES WILL BE PAID. DURING CALENDAR YEAR ENDING DECEMBER 31, 2024, THE COMPENSATION COMMITTEE AWARDED THE PRESIDENT/CEO, CHIEF FINANCIAL OFFICER, AND THE CHIEF OPERATING OFFICER, A BONUS BASED ON REVIEW OF THEIR PERFORMANCES AND SERVICES TO THE ORGANIZATION.

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.

Related partnerships

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

  • ALLIED HOUSING EAST LLLP

    RELATED · PROVIDE LOW INCOME HOUSING TO THE ELDERLY · CO · 1% owned · share of income $1,319 · share of assets $153,318 · general or managing partner

    Directly controlled by ALLIED HOUSING INC

  • ALLIED HOUSING SOUTH LLLP

    RELATED · PROVIDE LOW INCOME HOUSING TO THE ELDERLY · CO · 1% owned · share of income $5,918 · share of assets $123,768 · general or managing partner

    Directly controlled by ALLIED HOUSING INC

  • ALLIED HOUSING WEST LLLP

    RELATED · PROVIDE LOW INCOME HOUSING TO THE ELDERLY · CO · 1% owned · share of income $4,901 · share of assets $159,369 · general or managing partner

    Directly controlled by ALLIED HOUSING INC

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202533119349301973

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