Viridian Residential Association
Nonprofit profile at a glance
- EIN
- 455332711
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025
- Location
- Scottsdale, AZ, USA
- Phone
- 4809217500
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $9,290,927
- Expenses
- $8,861,605
- Assets
- $3,515,088
- Liabilities
- $829,839
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- HOWARD PORTEUS (PRESIDENT)
People named in this filing
- SETH BARTHOLOMEW (TREASURER)
- MICHAEL GALLAGHER (MEMBER)
- ROBERT KEMBEL (MEMBER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the organization is to provide maintenance and security for the pool, playground and common areas and to provide lighting for the common areas and streets.
What it reported doing in 2025
Protect and maintain the aesthetics of the community by conducting the maintenance and imporvements along dedicated city streets and by providing general community services.
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.6%; rating input score 91
- Program expense ratio: 95%; rating input score 95
- Fundraising efficiency: Limited
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: Limited
- 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: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.6%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 90; 90th percentile among comparable filings
Growth
- Program expense growth: 15.7% per year; rating input score 100; 77th percentile among comparable filings
- Revenue growth: 13.2% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 90.6% of revenue deployed · 95% of spending went to programs
- Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $8.4M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Highest-paid contractors: 4 contractors listed · $6.1M reported
- Consistency: 23 of 23 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 to 2025
- Contacts: How to reach this organization
- 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 — Accountability: Governance controls: 4 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.