Form 990 for tax year 2024
Filed by ARCHWAY HOUSING & SERVICES INC.
Totals
- Total revenue
- $5,550,667
- Total expenses
- $4,201,558
- Contributions and grants received
- $2,470,254
- Grants paid
- $0
- Program service revenue
- $2,357,646
- Investment income
- $73,307
- Other revenue
- $649,460
- Total assets, end of year
- $12,460,213
- Total liabilities, end of year
- $3,754,757
- Net assets or fund balances, end of year
- $8,705,456
- Program services expenses (Part IX)
- $4,177,978
- Management and general expenses
- $23,211
- Fundraising expenses
- $369
- Program service expenses (Part III)
- $4,177,978
Program services were 99.4% 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)
$2,128,486
-
1f · All other contributions, gifts and grants
$341,768
-
2a · Program service revenue: MANAGEMENT FEES
total $1,590,197 · related or exempt $1,590,197
-
2b · Program service revenue: MAINTENANCE FEES
total $767,449 · related or exempt $767,449
-
3 · Investment income
total $73,307 · excluded $73,307
-
8a · Fundraising events: gross income
$24,805
-
8b · Fundraising events: direct expenses
$6,300
-
8c · Net income from fundraising events
total $18,505 · excluded $18,505
-
11a · Other revenue: MISCELLANEOUS OTHER IN
total $630,955 · related or exempt $630,955
-
11e · Other revenue, total
$630,955
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,383,015 · program services $1,383,015
-
7 · Other salaries and wages
total $1,615,309 · program services $1,615,309
-
8 · Pension plan contributions
total $97,534 · program services $97,534
-
9 · Other employee benefits
total $353,775 · program services $353,775
-
10 · Payroll taxes
total $238,737 · program services $238,737
-
11b · Fees: legal
total $388 · program services $388
-
11c · Fees: accounting
total $16,610 · management and general $16,610
-
12 · Advertising and promotion
total $643 · program services $274 · fundraising $369
-
13 · Office expenses
total $252,048 · program services $252,048
-
22 · Depreciation, depletion and amortization
total $24,923 · program services $24,923
-
23 · Insurance
total $6,601 · management and general $6,601
-
24a · Other expenses: BAD DEBT EXPENSE
total $210,098 · program services $210,098
-
24b · Other expenses: OPERATING AND MAINTENAN
total $1,877 · program services $1,877
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $551,391 · end of year $282,197
-
2 · Savings and temporary cash investments
beginning of year $67,957 · end of year $95,403
-
4 · Accounts receivable
beginning of year $3,089,826 · end of year $2,937,647
-
7 · Other notes and loans receivable
beginning of year $4,035,378 · end of year $5,683,290
-
9 · Prepaid expenses and deferred charges
beginning of year -$6,531 · end of year -$6,531
-
10a · Land, buildings and equipment: cost or other basis
$252,929
-
10b · Land, buildings and equipment: accumulated depreciation
$137,609
-
10c · Land, buildings and equipment, net
beginning of year $137,270 · end of year $115,320
-
12 · Investments: other securities
beginning of year $3,352,921 · end of year $3,352,887
-
17 · Accounts payable and accrued expenses
beginning of year $3,737,250 · end of year $3,697,065
-
24 · Unsecured notes and loans payable
beginning of year $134,615 · end of year $57,692
-
27 · Net assets without donor restrictions
beginning of year $7,356,347 · end of year $8,705,456
Mission and programs · 2024
Mission
TO PROVIDE SAFE, HABITABLE HOUSING FOR FAMILIES WITH LOW TO MODERATE INCOMES, INCLUDING HOMELESS FAMILIES, AND TO DEVELOP MIXED INCOME HOUSING TO HELP LOW INCOME FAMILIES IN THE TRANSITION TO SELF-SUFFICIENCY WHILE PROVIDING COMPREHENSIVE SUPPORTIVE SERVICES.
-
PROVIDE AFFORDABLE HOUSING FOR LOW INCOME INDIVIDUALS AND OTHER RELATED SERVICES.
Expenses $4,177,978 · Revenue $2,357,646
As filed on the 2024 return.
Listed in Part VII
-
Lee BergLEE BERG
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Lia MartinezLIA MARTINEZ
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Zenzi ReevesZENZI REEVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Allyson DraytonALLYSON DRAYTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
David NestorDAVID NESTOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tracy GargaroTRACY GARGARO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Libby ComeauxLIBBY COMEAUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Leslie SherryLESLIE SHERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Laura BrudzynskiLAURA BRUDZYNSKI
CHIEF OPERATIONAL OFFICER
- Total calculated
- $233,959
- From this org
- $207,727
- From related orgs
- $0
- Other
- $26,232
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $207,727
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,232
- Filer's total
- $233,959
-
James SandersJAMES SANDERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Arnold S CorradinoARNOLD S CORRADINO
EXECUTIVE DIRECTOR
- Total calculated
- $363,995
- From this org
- $313,046
- From related orgs
- $0
- Other
- $50,949
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $313,046
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $50,949
- Filer's total
- $363,995
-
Sarah BlanchardSARAH BLANCHARD
SENIOR DEVELOPMENT MANAGER
- Total calculated
- $187,326
- From this org
- $159,451
- From related orgs
- $0
- Other
- $27,875
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $159,451
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $27,875
- Filer's total
- $187,326
-
Beth Harris-RobinsonBETH HARRIS-ROBINSON
GENERAL COUNSEL
- Total calculated
- $150,192
- From this org
- $149,339
- From related orgs
- $0
- Other
- $853
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $149,339
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $853
- Filer's total
- $150,192
-
Georgeanne BarrettGEORGEANNE BARRETT
DIRECTOR OF COMMUNICATIONS
- Total calculated
- $171,690
- From this org
- $147,630
- From related orgs
- $0
- Other
- $24,060
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $147,630
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $24,060
- Filer's total
- $171,690
-
Kristen CooperKRISTEN COOPER
CHIEF FINANCIAL OFFICER
- Total calculated
- $168,534
- From this org
- $153,548
- From related orgs
- $0
- Other
- $14,986
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $153,548
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $14,986
- Filer's total
- $168,534
-
George KellyGEORGE KELLY
CHIEF INVESTEMNT OFFICER
- Total calculated
- $206,517
- From this org
- $206,478
- From related orgs
- $0
- Other
- $39
- Hours/week
- 10 + 30 related
Schedule J breakdown matched by us
- Base
- $206,478
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $39
- Filer's total
- $206,517
-
Jennica HuntJENNICA HUNT
DIRECTOR OF PROPERTY OPERATIONS
- Total calculated
- $177,237
- From this org
- $167,578
- From related orgs
- $0
- Other
- $9,659
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,578
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,659
- Filer's total
- $177,237
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
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.
-
ARCHWAY INVESTMENT CORPORATION INC
501(C)(3) · RE · CO
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.
-
PARK AVENUE AND CURTIS LLC
RE · CO
-
EIGHTH AND UNION COPORATION
RE · CO
-
RMHDC
RE · CO
-
SHERIDAN AND 69TH COPORATION
RE · CO
-
COLFAX & GRAY LLC
RE · CO
-
14TH GRAY LLC
RE · CO
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CORNERSTONE RESIDENCES LLLP
RE · CO · 0.01% owned · share of income -$29 · share of assets $6,802,356
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202541539349300309
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