Boulder Community Housing Corporation Inc
Nonprofit profile at a glance
- EIN
- 742321463
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Boulder, CO, USA
- Phone
- 3034411090
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $206,427
- Expenses
- $107,045
- Assets
- $238,093
- Liabilities
- $7,738
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Susana Lopez-Baker (Executive Director)
People named in this filing
- Karen DeClerk (Chair)
- Dianna North (Vice Chair until May 2024)
- Laura Valdez (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission statement of Boulder Community Housing Organization is to provide quality, affordable homes and foster thriving communities. They aim to create a diverse, inclusive, and sustainable Boulder by offering affordable housing opportunities to low and moderate-income individuals and families. Their commitment to community housing goals and providing opportunities that would not otherwise be available in the local market is evident in their work.
What it reported doing in 2024
The Senior Services program improves the quality of life for older residents living in congregate housing settings by supporting safe, independent living. We work directly with adults aged 55 and older who live in Boulder County Housing Authority Units.In 2024:- 375 individual residents were served with 2,713 contacts.Program Highlights:- 30 residents were moved out of their homes to motel and back for building repairs and improvementsContinued on Schedule O- 100+ residents attended emergency preparedness trainings provided by ODM- Increased resident access to EcoPass and other public transportation services Community gardens expanded to more residents- Onsite yoga and Tai Chi- Miles of Smiles bicycle trishaw rides from volunteers- Supported resident social engagements movie nights, garden harvest parties, coffee groups- Staff trainings to assist people with intensive issues such as hoarding, evictions, substance abuse
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 95
- Accountability: 76
- Sustainability: 73
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 50.4%; rating input score 50
- Program expense ratio: 97.1%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 48.1%; rating input score 91; 91st percentile among comparable filings
- Total-asset coverage ratio: 2.22; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 5.4% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 50.4% of revenue deployed · 97.1% of spending went to programs
- Governance: 4 of 4 board members independent · 3 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $104K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 17 of 18 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Growth: Asset growth scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.