Taos Housing Partnership

Nonprofit profile at a glance

EIN
934229414
IRS 990 coverage
2024–2025
Forms available
Form 990 2025
Location
Taos, NM, USA
Phone
5752409673
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Reported finances

Revenue
$606,971
Expenses
$472,822
Assets
$639,451
Liabilities
$3,833

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

Leadership & pay

8 people listed

Executive titles in this filing

  • LISA O'BRIEN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LISA O'BRIEN (EXECUTIVE DIRECTOR): $106,067 total reported compensation
  • DAWN SINGER (DIRECTOR): $1,900 total reported compensation
  • JESSIE HOOK (DIRECTOR): $400 total reported compensation

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

Overview

Mission

To create equitable housing opportunities for our community while preserving our culture, promoting financial literacy, and protecting our environment.

What it reported doing in 2025

Continued to facilitate the Housing Action Team Meeting (January) Homebuyer Education classes held (March, June, September). Hosted a monthly Housing Advocacy and Discussion Group Partnership with NM Legal Aid to provide Tenant Rights Workshops. Hosted a monthly Book Club featuring authors on housing topics. Produced a monthly e-newsletter Writing for a monthly Housing Column for the Taos News. Completed Phase I of a Questa Landscape Study. Hosted a 6-month Community Speaker Series on Housing topics. Working agreement in place with Homewise to "share" clients. Provided technical assistance to select local builders to assist in application for state funding ($500,000 in funding was leveraged and will provide construct funding for 4 new affordable homes). Selected to participate in a 9-month learning cohort; THP served as team leader for County group. Completed a Taos County Employee Housing Survey.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 92
  • Accountability: 84
  • Sustainability: 60
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.9%; rating input score 62
  • Program expense ratio: 75.6%; rating input score 76
  • Fundraising efficiency: $21.21 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • 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: 22.1%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.35; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 22.9%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 75% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -19.1% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 23.5% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 61.9% of revenue deployed · 75.6% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $357K in reported program spending
  • Leadership: top reported pay $106K · 8 people listed
  • Highest-paid contractors: 1 contractor listed · $139K reported
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Accountability: Governance controls: 2 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.