Clare Gardens Inc

Nonprofit profile at a glance

EIN
237200039
IRS 990-EZ coverage
2024–2025
Forms available
Form 990 2023, Form 990-EZ 2025
Location
Denver, CO, USA
Phone
3038303300
Rating confidence
Limited
Sector
Low-Income & Subsidized Rental Housing

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$165,548
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ELLEN ABRAMS (VICE PRESIDENT)
  • JOANNA CROSBY (VICE PRESIDENT)
  • KASSIDI BOENING (DIRECTOR/VICE PRESIDENT)
  • KUHL BROWN (VICE PRESIDENT)
  • MELISSA CLAYTON (OUTGOING DIRECTOR/VICE PRESIDENT)
  • SHELLY MARQUEZ (PRESIDENT)

People named in this filing

  • CHAD PAYNE (TREASURER)
  • ELLEN ABRAMS (VICE PRESIDENT)
  • JOANNA CROSBY (VICE PRESIDENT)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Own and operate a 128-unit community located in westminster, co to provide housing and related services for low- and moderate-income persons

What it reported doing in 2025

Clare gardens, inc. Was formed on september 1, 1972 in accordance with the not-for-profit statutes of the state of Colorado for the purpose of providing housing for low - and moderate-income persons in denver, Colorado, with the assistance of a mortgage insured by the u.s. Department of housing and urban development pursuant to section 221 of the national housing act. Own and operate a 128-unit community located in westminster, co to provide housing and related services for low- and moderate-income persons.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 70
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -9.1% per year; rating input score 0; 26th percentile among comparable filings
  • Asset growth: -7.9% per year; rating input score 0; 20th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 1 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 484 filed related-organization links
  • 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.