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HOUSING TRUST SILICON VALLEY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
HOUSING TRUST SILICON VALLEY (EIN 77-0545135)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-04-29
IRS object ID
202201199349302115
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-04-29T15:44:25-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11861 INTERNATIONAL DRIVE SUITE 400AddressLine1Txt
CityMCLEANCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22102ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770545135EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOUSING TRUST SILICON VALLEYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOUSBusinessNameControlTxt
Phone4087033837PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line175 E SANTA CLARA STREET NO 1350AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANTONIETA RAMOSPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone4087033837PhoneNum
Signature2022-04-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstANTONIETAPersonFirstNm
Person LastRAMOSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonYONG ZHANG CPAPreparerPersonNm
PTINP01249785PTIN
Phone7033366400PhoneNum
Preparation2022-04-26PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerANTONIETA RAMOSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line175 E SANTA CLARA STREET NO 1350AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$25,691,941GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HOUSINGTRUSTSV.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2000FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionTHE MISSION OF HOUSING TRUST SILICON VALLEY IS TO MAKE BAY AREA A MORE AFFORDABLE PLACE TO LIVE.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee33TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$15,224,448PYContributionsGrantsAmt
CY Contributions Grants$11,287,252CYContributionsGrantsAmt
PY Program Service Revenue$8,335,202PYProgramServiceRevenueAmt
CY Program Service Revenue$9,403,321CYProgramServiceRevenueAmt
PY Investment Income$942,974PYInvestmentIncomeAmt
CY Investment Income$757,195CYInvestmentIncomeAmt
PY Other Revenue-$18,805PYOtherRevenueAmt
CY Other Revenue$789CYOtherRevenueAmt
PY Total Revenue$24,483,819PYTotalRevenueAmt
CY Total Revenue$21,448,557CYTotalRevenueAmt
PY Grants And Similar Paid$382,809PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$297,071CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,075,321PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,176,968CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$360,281CYTotalFundraisingExpenseAmt
PY Other Expenses$6,144,733PYOtherExpensesAmt
CY Other Expenses$2,786,693CYOtherExpensesAmt
PY Total Expenses$9,602,863PYTotalExpensesAmt
CY Total Expenses$7,260,732CYTotalExpensesAmt
PY Revenues Less Expenses$14,880,956PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$14,187,825CYRevenuesLessExpensesAmt
Total Assets BOY$223,956,871TotalAssetsBOYAmt
Total Assets EOY$250,989,111TotalAssetsEOYAmt
Total Liabilities BOY$134,111,912TotalLiabilitiesBOYAmt
Total Liabilities EOY$146,321,222TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$89,844,959NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$104,667,889NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF HOUSING TRUST SILICON VALLEY IS TO MAKE BAY AREA A MORE AFFORDABLE PLACE TO LIVE. WE MAKE LOANS AND GRANTS TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING, ASSIST FIRST-TIME HOMEBUYERS, PREVENT HOMELESSNESS AND STABILIZE NEIGHBORHOODS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,092,483ExpenseAmt
Grant$144,091GrantAmt
Revenue$8,652,559RevenueAmt
DescTHE COMPETITIVE REAL ESTATE MARKET IN THE GREATER BAY AREA CREATES A CHALLENGING ENVIRONMENT FOR AFFORDABLE HOUSING DEVELOPMENT. HOUSING TRUST - WHICH MAKES MORE LOANS THAN ANY OTHER NONPROFIT HOUSING LENDER IN OUR REGION - IS HERE TO HELP. SINCE 2000, HOUSING TRUST HAS MADE LOANS TO 175 AFFORDABLE HOUSING PROJECTS, TOTALING OVER $387 MILLION IN FUNDING AND RESULTING IN 14,671 AFFORDABLE RENTAL HOMES. OUR BORROWERS ARE TYPICALLY COMMUNITY-BASED, NON-PROFIT AND MISSION ALIGNED FOR-PROFIT AFFORDABLE HOUSING DEVELOPERS WHOSE COLLECTIVE MISSION IS TO INCREASE AND PRESERVE THE AFFORDABLE HOUSING STOCK IN THE COMMUNITIES THEY SERVE, AND BY SO DOING, REVITALIZE SUCH COMMUNITIES. WE LEND IN THE GREATER BAY AREA INCLUDING ALAMEDA, CONTRA COSTA, MARIN, MONTEREY, NAPA, SAN BENITO, SAN FRANCISCO, SAN JOAQUIN, SAN MATEO, SANTA CLARA, SANTA CRUZ, SOLANO AND SONOMA COUNTIES. MULTI-FAMILY LENDING VOLUME HAS GROWN SIGNIFICANTLY OVER THE PAST SEVERAL YEARS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$717,770ExpenseAmt
Revenue$661,300RevenueAmt
DescSIX-FIGURE DOWN PAYMENTS CAN PUT THE DREAM OF HOMEOWNERSHIP OUT OF REACH. HOUSING TRUST OFFERS FIRST TIME HOMEBUYERS THE EDUCATION AND COUNSELING, DEFERRED INTEREST LOANS AND BELOW MARKET PURCHASE PROGRAMS THAT CAN BRING THAT DREAM CLOSER TO REALITY. HOUSING TRUST'S HOMEBUYER TEAM OFFERS HOMEBUYER AND FINANCIAL LITERACY EDUCATION IN GROUP SETTINGS AS WELL AS ONE-ON-ONE SESSIONS THAT COVER TOPICS INCLUDING SAVING FOR A DOWN PAYMENT AND RESERVES, HOW TO SELECT AND WORK WITH REALTORS AND MORTGAGE LOAN OFFICERS AND WHAT TO EXPECT UPON CLOSING ON A NEW HOME. HOUSING TRUST'S FINANCIAL PRODUCTS REDUCE THE BURDEN OF 20% DOWN PAYMENT REQUIREMENTS AND BRIDGE THE GAP BETWEEN WHAT LOW- TO MIDDLE-INCOME BUYERS CAN AFFORD TO BORROW AND THE EQUITY REQUIRED TO DO SO. SINCE 2000 WE HAVE OFFERED HOMEBUYER DOWN PAYMENT ASSISTANCE AS DEFERRED, AMORTIZING AND EQUITY SHARE LOANS, DEPENDING ON INCOME LEVEL AND NEEDS OF THE BORROWER. OUR LOANS UNDER THESE PROGRAMS RANGE FROM $6,500 TO $187,000. WE HAVE MADE 2,570 DOWN PAYMENT ASSISTANCE LOANS TOTALING OVER $50 MILLION SINCE OUR FOUNDING. IN FY21, HOUSING TRUST PROVIDED EDUCATION AND COUNSELING TO 3,215 HOPEFUL HOMEBUYERS, MADE TWENTY DOWN PAYMENT ASSISTANCE LOANS AND COMPLETED FOUR BELOW MARKET PURCHASE PROGRAM HOME SALES.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$158,705ExpenseAmt
Grant$152,980GrantAmt
DescWE HELP NEIGHBORS EXPERIENCING HOMELESSNESS MOVE OFF THE STREETS AND INTO HOMES. THIS IS A VITAL PIECE OF OUR COMPREHENSIVE MISSION, HELPING OUR COMMUNITIES' LOWEST INCOME HOUSEHOLDS ACHIEVE STABILITY. HOUSING TRUST HAS GRANT PROGRAMS THAT STRENGTHEN AND EXPAND CAPACITY OF SOCIAL SAFETY NET PROVIDERS AND PROVIDE THE FINAL KEY TO INDIVIDUALS AND FAMILIES TO PREVENT OR EXIT HOMELESSNESS. HOUSING TRUST PARTNERS WITH SOCIAL SERVICE AGENCIES TO MAKE SECURITY DEPOSITS ASSISTANCE TO HOUSEHOLDS EXPERIENCING OR AT RISK OF HOMELESSNESS, ALLOWING FAMILIES TO MOVE INTO PERMANENT HOUSING. SINCE 2000, HOUSING TRUST HAS ALSO HELPED 7,556 PEOPLE WITH OUR HOMELESSNESS ASSISTANCE GRANTS, TOTALING $5.5 MILLION. THESE PROGRAMS REACH THOSE AT THE VERY LOW END OF THE INCOME SPECTRUM, WITH OVER 80% OF FUNDS REACHING EXTREMELY LOW-INCOME HOUSEHOLDS (THOSE EARNING 30% OR LESS OF THE AREA MEDIAN INCOME). THE LACK OF AFFORDABLE HOUSING AND HIGH COST OF RENT CAN FORCE EVEN EMPLOYED INDIVIDUALS INTO HOMELESSNESS. OUR DEPOSIT ASSISTANCE CLIENTS ARE OFTEN EMPLOYED AS RETAIL CLERKS, RESTAURANT WORKERS, HOSPITAL STAFF AND MANY OTHER PROFESSIONS OUR COMMUNITIES DEPEND UPON. IN FY21, HOUSING TRUST HELPED 129 PEOPLE AVOID OR EXIT HOMELESSNESS, GRANTING $144,577.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$980,699ExpenseAmt
Revenue$87,188RevenueAmt
DescOTHER PROGRAMS.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$980,699TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$87,188TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$4,949,657TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document92IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee33EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org DocumentsYes (1)ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJULIE MAHOWALD CFOPersonNm
Phone4087033837PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line175 E SANTA CLARA STREET SUITE 1350AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CRAIG ROBINSON
CHAIR4.00Yes (X)Yes (X)$0$0$0
KATIA KAMANGER
SECOND VICE-CHAIR1.00Yes (X)Yes (X)$0$0$0
SHILOH BALLARD
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JOE ANZALONE
DIRECTOR1.00Yes (X)$0$0$0
MIKE BEASLEY
DIRECTOR1.00Yes (X)$0$0$0
MARY CHANDLER
DIRECTOR1.00Yes (X)$0$0$0
HILDA RAMIREZ
DIRECTOR1.00Yes (X)$0$0$0
KEVIN DEEBLE
DIRECTOR1.00Yes (X)$0$0$0
JONATHAN FEARN
DIRECTOR1.00Yes (X)$0$0$0
PAPIA GAMBELIN
DIRECTOR1.00Yes (X)$0$0$0
LISA GUTIERREZ
DIRECTOR1.00Yes (X)$0$0$0
SHARON LEE
DIRECTOR1.00Yes (X)$0$0$0
MEG MCGRAW-SCHERER
DIRECTOR1.00Yes (X)$0$0$0
JIM MORGENSEN
DIRECTOR1.00Yes (X)$0$0$0
LORENA MEDEZ-QUEZADA
FIRST VICE CHAIR (06/21)1.00Yes (X)$0$0$0
ART FATUM
TREASURER (02/21)1.00Yes (X)$0$0$0
GEORGE BROWN
DIRECTOR (02/21)1.00Yes (X)$0$0$0
THANG DO
DIRECTOR (02/21)1.00Yes (X)$0$0$0
CANDICE GONZALEZ
DIRECTOR (02/21)1.00Yes (X)$0$0$0
SPARKY HARLAN
DIRECTOR (11/20)1.00Yes (X)$0$0$0
ANTONIETA RAMOS
CHIEF EXECUTIVE OFFICER40.00Yes (X)$0$0$0
KEVIN ZWICK
CHIEF EXECUTIVE OFFICER (07/20)40.00Yes (X)$203,372$0$22,989
JULIE MAHOWALD
CHIEF FINANCIAL OFFICER40.00Yes (X)$274,713$0$30,424
CRAIG MIZUSHIMA
CHIEF COMPLIANCE & RISK OFFICER40.00Yes (X)$165,768$0$26,377
FATHIA MACAULEY
CHIEF LENDING OFFICER40.00Yes (X)$184,423$0$22,728
JULIE QUINN
CHIEF DEVELOPMENT OFFICER (10/20)40.00Yes (X)$152,194$0$9,569
PAM BERKOWITZ
VP OF MULTIFAMILY LENDING AND BUSINESS40.00$143,682$0$48,062Yes (X)
ADRIA QUINONES-MASUR
DIRECTOR OF HOMEBUYER PROGRAMS40.00$141,109$0$9,436Yes (X)
STEVEN YANG
DIRECTOR OF MULTIFAMILY LENDING40.00$134,906$0$14,782Yes (X)
VIVIAN VO
ACCOUNTING MANAGER40.00$128,734$0$27,806Yes (X)
MARTHA LOPEZ
MANAGER, LOAN ADMINISTRATION40.00$103,948$0$23,194Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,632,849TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$235,367TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K10IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LEE DINNEEN CONSULTING
1350 HARWALT DRIVELOS ALTOSCA94024FINANCIAL CONSULTING SERVICES$147,975
RSM US LLP
5155 PAYSPHERE CIRCLECHICAGOIL60674AUDIT AND TAX SERVICES$125,208
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Fundraising$117,355FundraisingAmt
Government Grants$2,931,668GovernmentGrantsAmt
All Other Contributions$8,238,229AllOtherContributionsAmt
Total Contributions$11,287,252TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INTEREST INCOME ON LOA531390$6,538,906$6,538,906
PROGRAM SERVICE FEE531390$2,864,415$2,864,415
FieldValueIRS element (for citing)
Total Program Service Revenue$9,403,321TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$166,058TotalRevenueColumnAmt
Exclusion$166,058ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,833,036SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,241,899SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$591,137SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$591,137TotalRevenueColumnAmt
Exclusion$591,137ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$117,355ContriRptFundraisingEventAmt
Fundraising Direct Expenses$1,485FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$1,485TotalRevenueColumnAmt
Exclusion-$1,485ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$2,274TotalRevenueColumnAmt
Exclusion$2,274ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,274OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$21,448,557TotalRevenueColumnAmt
Related Or Exempt Func Income$9,403,321RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$757,984ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$144,091TotalAmt
Program Services$144,091ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$152,980TotalAmt
Program Services$152,980ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,076,496TotalAmt
Program Services$482,606ProgramServicesAmt
Management And General$432,886ManagementAndGeneralAmt
Fundraising$161,004FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,358,930TotalAmt
Program Services$1,708,549ProgramServicesAmt
Management And General$577,696ManagementAndGeneralAmt
Fundraising$72,685FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$146,614TotalAmt
Program Services$97,099ProgramServicesAmt
Management And General$37,850ManagementAndGeneralAmt
Fundraising$11,665FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$358,806TotalAmt
Program Services$248,264ProgramServicesAmt
Management And General$94,157ManagementAndGeneralAmt
Fundraising$16,385FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$236,122TotalAmt
Program Services$152,790ProgramServicesAmt
Management And General$64,910ManagementAndGeneralAmt
Fundraising$18,422FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$25,886TotalAmt
Program Services$24,266ProgramServicesAmt
Management And General$1,620ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$126,892TotalAmt
Management And General$126,892ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$36,285TotalAmt
Management And General$36,285ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$941,271TotalAmt
Program Services$570,706ProgramServicesAmt
Management And General$331,591ManagementAndGeneralAmt
Fundraising$38,974FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$9,568TotalAmt
Program Services$9,296ProgramServicesAmt
Management And General$201ManagementAndGeneralAmt
Fundraising$71FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$45,167TotalAmt
Program Services$30,274ProgramServicesAmt
Management And General$11,607ManagementAndGeneralAmt
Fundraising$3,286FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$281,693TotalAmt
Program Services$192,960ProgramServicesAmt
Management And General$63,205ManagementAndGeneralAmt
Fundraising$25,528FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$8,830TotalAmt
Program Services$3,260ProgramServicesAmt
Management And General$4,995ManagementAndGeneralAmt
Fundraising$575FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$1,913,020TotalAmt
Program Services$1,913,020ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$74,346TotalAmt
Program Services$50,927ProgramServicesAmt
Management And General$16,681ManagementAndGeneralAmt
Fundraising$6,738FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$61,185TotalAmt
Program Services$750ProgramServicesAmt
Management And General$60,435ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
OTHER OPERATING EXPENSE$164,900$76,519$84,033$4,348
DONATIONS & SPONSORSHIP$16,150$9,800$5,750$600
PROVISION FOR LOAN LOSS-$918,500-$918,500

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,260,732TotalAmt
Program Services$4,949,657ProgramServicesAmt
Management And General$1,950,794ManagementAndGeneralAmt
Fundraising$360,281FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$600BOYAmt
EOY$600EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$46,674,485BOYAmt
EOY$73,473,002EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,135,064BOYAmt
EOY$10,358,670EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$564,345BOYAmt
EOY$406,079EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$170,324,566BOYAmt
EOY$160,058,415EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$191,048BOYAmt
EOY$186,613EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$398,192LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$262,962LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$197,679BOYAmt
EOY$135,230EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,869,084BOYAmt
EOY$6,370,502EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$223,956,871BOYAmt
EOY$250,989,111EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,282,491BOYAmt
EOY$1,025,976EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$215,909BOYAmt
EOY$9,883,136EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$1,485,214BOYAmt
EOY$3,452,554EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$14,892,380BOYAmt
EOY$14,892,380EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$96,070,945BOYAmt
EOY$99,488,184EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$20,164,973BOYAmt
EOY$17,578,992EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$134,111,912BOYAmt
EOY$146,321,222EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$40,154,494BOYAmt
EOY$52,385,252EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$49,690,465BOYAmt
EOY$52,282,637EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$89,844,959BOYAmt
EOY$104,667,889EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$223,956,871BOYAmt
EOY$250,989,111EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$14,187,825ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$635,105NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,137,030CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,488,914CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,548,310CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,224,448CurrentTaxYearMinus1YearAmt
Current Tax Year$11,287,252CurrentTaxYearAmt
Total$52,685,954TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,137,030CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,488,914CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,548,310CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$15,224,448CurrentTaxYearMinus1YearAmt
Current Tax Year$11,287,252CurrentTaxYearAmt
Total$52,685,954TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$17,780,747SubstantialContributorsTotAmt
Public Support Total170$34,905,207PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,230,475CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,573,838CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$968,523CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$826,677CurrentTaxYearMinus1YearAmt
Current Tax Year$166,058CurrentTaxYearAmt
Total$5,765,571TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$42,349CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$48,415CurrentTaxYearMinus1YearAmt
Current Tax Year$2,274CurrentTaxYearAmt
Total$93,038TotalAmt
FieldValueIRS element (for citing)
Total Support$58,544,563TotalSupportAmt
Gross Receipts Rltd Activities$23,057,515GrossReceiptsRltdActivitiesAmt
Public Support CY1700.59620PublicSupportCY170Pct
Public Support PY1700.73890PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Total Direct Lobbying TotalDirectLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$48,000FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$48,000FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$7,212,732FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$7,260,732FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$513,037FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$128,259FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year Minus3$317,939CurrentYearMinus3Amt
Current Year Minus2$494,896CurrentYearMinus2Amt
Current Year Minus1$630,143CurrentYearMinus1Amt
Current Year$513,037CurrentYearAmt
Total$1,956,015TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$2,934,023LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus3$148,000CurrentYearMinus3Amt
Current Year Minus2$88,000CurrentYearMinus2Amt
Current Year Minus1$88,000CurrentYearMinus1Amt
Current Year$48,000CurrentYearAmt
Total$372,000TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year Minus3$79,485CurrentYearMinus3Amt
Current Year Minus2$123,724CurrentYearMinus2Amt
Current Year Minus1$157,536CurrentYearMinus1Amt
Current Year$128,259CurrentYearAmt
Total$489,004TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$733,506GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Beginning Balance$1,485,214BeginningBalanceAmt
Additions During Year$1,967,340AdditionsDuringYearAmt
Ending Balance$3,452,554EndingBalanceAmt
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$398,192OtherCostOrOtherBasisAmt
Depreciation$262,962DepreciationAmt
Book Value$135,230BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$135,230TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescNON-RECOURSE PARTICIPANT LOAN CAPITALDesc
Amt$17,578,992Amt
FieldValueIRS element (for citing)
Total Liability$17,578,992TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,047,377TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$635,105NetUnrealizedGainsInvstAmt
Revenue Not Reported$635,105RevenueNotReportedAmt
Revenue Subtotal$21,412,272RevenueSubtotalAmt
Investment Expenses Not Incld$36,285InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$36,285RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$21,448,557TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,224,447TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,224,447ExpensesSubtotalAmt
Investment Expenses Not Incld2$36,285InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$36,285ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,260,732TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:IN MARCH 2020, HOUSING TRUST ENTERED INTO A SERVICES AGREEMENT WITH GOOGLE ENDEAVOR, LLC, A WHOLLY OWNED FUND OF GOOGLE LLC (GOOGLE). GOOGLE HAS COMMITTED $63 MILLION TO CREATE A SEPARATE LAUNCH INITIATIVE FUND, AN AFFORDABLE HOUSING FUND AIMED TO ACCELERATE THE START-UP AND PRESERVATION OF HOMES. LAUNCH INITIATIVE IS A STRATEGIC PARTNERSHIP WHICH ENHANCES HOUSING TRUST'S LENDING CAPACITY AND PROVIDES HOUSING TRUST AND GOOGLE OPPORTUNITIES TO INVEST IN A BROADER RANGE OF AFFORDABLE HOUSING PROJECTS. HOUSING TRUST'S RESPONSIBILITIES INCLUDE SOURCING, UNDERWRITING, CLOSING AND SERVICING LOANS, TAKING AT LEAST A 10% PARTICIPATION IN THE LOANS AND PROVIDING MANAGEMENT SERVICES FOR THE FUND INCLUDING ACCOUNTING. AS THE SERVICER, AT JUNE 30, 2021, HOUSING TRUST HOLDS $3,452,554 BELONGING TO GOOGLE WHICH IS INCLUDED AS RESTRICTED CASH AND CASH EQUIVALENTS, AND THE ASSOCIATED LIABILITY AS FUNDS HELD FOR OTHERS ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION.
PART X, LINE 2:HOUSING TRUST BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. HOUSING TRUST'S FEDERAL AND STATE INFORMATION RETURNS FOR THE YEARS 2017 THROUGH 2020 ARE SUBJECT TO EXAMINATION BY REGULATORY AGENCIES, GENERALLY FOR THREE AND FOUR YEARS AFTER THEY WERE FILED FOR FEDERAL AND STATE, RESPECTIVELY.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FUNDRAISINGEvent1Nm
Gross Receipts Event1$117,355GrossReceiptsEvent1Amt
Charitable Contri Event1$117,355CharitableContriEvent1Amt
Other Direct Expenses Event1$1,485OtherDirectExpensesEvent1Amt
Gross Receipts Total$117,355GrossReceiptsTotalAmt
Charitable Contributions Tot$117,355CharitableContributionsTotAmt
Oth Direct Expnss Total Events$1,485OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$1,485DirectExpenseSummaryEventsAmt
Net Income Summary-$1,485NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
FAMILY SUPPORTIVE HOUSING
692 N KING RDSAN JOSECA95133770101637501(C)(3)$9,091PARTIAL LOAN FORGIVEN
BILL WILSON CENTER
3490 THE ALAMEDASANTA CLARACA95050942221849501(C)(3)$35,000LOAN FORGIVENESS
CHARITIES HOUSING
1400 PARKMOOR AVENUESAN JOSECA95126770359848501(C)(3)$100,000LOAN FORGIVENESS
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
SECURITY DEPOSIT GRANT88$140,980
GUARDINO SCHOLARSHIP4$12,000

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION PUBLISHES INITIAL GRANT GUIDELINES AND ACCEPTS APPLICATIONS FROM QUALIFIED ORGANIZATIONS. THE PROGRAM COMMITTEE REVIEWS ALL GRANT APPLICANTS AND APPROVES THE AWARD OF ALL GRANTS. THE RECIPIENT ORGANIZATION MUST REPORT MONTHLY THE STATUS OF ALL GRANT FUNDS RECEIVED AND THE WAY IN WHICH THESE FUNDS HAVE BEEN DISBURSED IN ACCORDANCE WITH THE INITIAL PURPOSE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KEVIN ZWICK
CHIEF EXECUTIVE OFFICER (07/20)$163,372$0$40,000$0$0$0$8,435$0$14,554$0$226,361$0$0$0
JULIE MAHOWALD
CHIEF FINANCIAL OFFICER$206,213$0$68,500$0$0$0$10,506$0$19,918$0$305,137$0$0$0
CRAIG MIZUSHIMA
CHIEF COMPLIANCE & RISK OFFICER$156,794$0$8,974$0$0$0$8,028$0$18,349$0$192,145$0$0$0
FATHIA MACAULEY
CHIEF LENDING OFFICER$173,946$0$10,477$0$0$0$8,813$0$13,915$0$207,151$0$0$0
JULIE QUINN
CHIEF DEVELOPMENT OFFICER (10/20)$151,844$0$0$0$350$0$7,648$0$1,921$0$161,763$0$0$0
PAM BERKOWITZ
VP OF MULTIFAMILY LENDING AND BUSINE$132,091$0$11,591$0$0$0$7,374$0$40,688$0$191,744$0$0$0
ADRIA QUINONES-MASUR
DIRECTOR OF HOMEBUYER PROGRAMS$132,770$0$8,339$0$0$0$6,659$0$2,777$0$150,545$0$0$0
VIVIAN VO
ACCOUNTING MANAGER$120,662$0$8,072$0$0$0$6,312$0$21,494$0$156,540$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 4BYLAWS WAS UPDATED DURING THE YEAR INLCUDING THE FOLLOWING PARTS: ARTICLE I. NAME AND PRINCIPAL OFFICE ARTICLE III. BOARD OF DIRECTORS SECTION 1. POWERS. SECTION 6. RESIGNATION AND REMOVAL. SECTION 9. NOTICE. SECTION 10. WAIVER OF NOTICE. SECTION 12. ACTION WITHOUT A MEETING. SECTION 14. MEETING ATTENDANCE. SECTION 15. STANDARD OF CARE. SECTION 17. COMPENSATION. SECTION 19. EMERGENCY BYLAWS. ARTICLE IV. COMMITTEES SECTION 1. BOARD COMMITTEES. SECTION 2. EXECUTIVE COMMITTEE AND OTHER COMMITTEES. (A) EXECUTIVE COMMITTEE. (B) AUDIT COMMITTEE. (C) GOVERNANCE COMMITTEE. (D) FINANCE COMMITTEE. SECTION 6. REVOCATION OF DELEGATED AUTHORITY. ARTICLE V. OFFICERS SECTION 1. OFFICERS. SECTION 6. RESPONSIBILITIES OF OFFICERS. A. BOARD CHAIR. D. CEO. ARTICLE VI. CERTAIN TRANSACTIONS SECTION 4. DUTY OF LOYALTY. ARTICLE VIII. GRANTS AND LOANS ADMINISTRATION SECTION 2. BOARD OF DIRECTORS OVERSIGHT. ARTICLE IX. MISCELLANEOUS SECTION 2. CONTRACTS, NOTES, AND CHECKS.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE. THE ENTIRE BOARD RECEIVES A COPY OF THE FORM 990 PRIOR TO FILING IN SUFFICIENT TIME TO POSE ANY QUESTIONS OR GIVE COMMENTS.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER MUST COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. NEW BOARD MEMBERS OR THOSE BEING CONSIDERED ARE EVALUATED TO SEE IF THERE EXIST ANY CONFLICT OF INTEREST. EMPLOYEES MUST ALSO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. IF THE BOARD IS EVALUATING A BUSINESS DEALING WITH AN ENTITY THAT A BOARD MEMBER HAS SOME INVOLVEMENT, THE BOARD MEMBER RECUSES THEMSELVES FROM ALL DISCUSSION AND FROM VOTING. IN ADDITION THE BOARD MEMBER ALSO EXCUSED THEMSELVES FROM THE MEETING TO ALLOW OTHER MEMBERS TO DISCUSS THE DEAL CANDIDLY.
FORM 990, PART VI, SECTION B, LINE 15THE PERSONNEL COMMITTEE RELIES UPON SALARY SURVEY DATA TO DETERMINE THE REASONABLENESS OF THE COMPENSATION OF CHIEF EXECUTIVE OFFICER. CHIEF EXECUTIVE USES COMPARABILITY DATA TO DETERMINE COMPENSATION OF THE CHIEF FINANCIAL OFFICER, CHIEF LENDING OFFICER, CHIEF DEVELOPMENT OFFICER, AND CHIEF COMPLIANCE & RISK OFFICER.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS ARE AVAILABLE AT THE ORGANIZATION OFFICES WHICH ARE AVAILABLE FOR INSPECTION MONDAY TO FRIDAY (EXCEPT HOLIDAYS), 9AM TO 5PM. POST AUDITED FINANCIALS ON WEBSITE.
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 570,706. MANAGEMENT AND GENERAL EXPENSES 331,591. FUNDRAISING EXPENSES 38,974. TOTAL EXPENSES 941,271.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1LTOA LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line175 E SANTA CLARA STREET 1350AddressLine1Txt
CitySAN JOSECityNm
State AbbreviationCAStateAbbreviationCd
ZIP95113ZIPCd
FieldValueIRS element (for citing)
EIN460669111EIN
Primary ActivitiesAFFORDABLE HOUSINGPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$0EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1HOUSING TRUST SILICON VALLEYBusinessNameLine1Txt