San Juan Housing Corporation
Nonprofit profile at a glance
- EIN
- 680378676
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- Denver, CO, USA
- Phone
- 3038303300
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $60,557
- Expenses
- $63,311
- Assets
- $828,545
- Liabilities
- $283,987
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- LILLIAN LEW-HAILER (VICE PRESIDENT)
- MELISSA CLAYTON (VICE PRESIDENT)
- RAMIE DARE (CHAIRMAN/VICE PRESIDENT)
- ALVIN TUVILLA (VICE PRESIDENT)
- ASHLEI HURST (VICE PRESIDENT)
- DOUG SHOEMAKER (PRESIDENT)
Highest reported compensation
- DOUG SHOEMAKER (PRESIDENT): $317,896 total reported compensation
- ED HOLDER (VICE PRESIDENT): $310,484 total reported compensation
- MELISSA CLAYTON (VICE PRESIDENT): $308,489 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of san juan housing corporation is to manage or direct entities which are organized for the purpose of creating stable, vibrant and healthy communities by developing, financing and operating affordable, program-enriched housing for families, seniors, and people with special needs who lack the economic resources to access quality, safe housing opportunities.
What it reported doing in 2024
Manage or direct low- and moderate-income housing projects and supportive services for low-income families, elderly, handicapped, homeless, and disadvantaged persons
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 60
- Accountability: 32
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 95.9%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.5%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 13.09; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.34; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 574.8%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: 4.4% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 6.4% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 95.9% of spending went to programs
- Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $318K · 16 people listed · 0 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 5 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Related organizations: 497 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.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Review — Sustainability: Operating margin scored 50/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.