2016-11-14T15:28:46-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 500 MARQUETTE NW SUITE 800 ALBUQUERQUE NM 87102 990 2015-01-01 850388252 YES HOUSING INC YESH 5059239604 104 ROMA NW ALBUQUERQUE NM 87102 AUGUSTINE C BACA CEO 5059239604 2016-11-10 1 STEPHEN E LIVINGSTON CPA P00317845 5058428290 2015 2017-02-10 21:41:12Z AUGUSTINE C BACA 104 ROMA NW ALBUQUERQUE NM 87102 3814964 0 X WWW.YESHOUSING.ORG X 1990 NM TO BUILD AND REVITALIZE COMMUNITIES WITH QUALITY, AFFORDABLE HOUSING, ACCESSIBLE SOCIAL SERVICES, AND A DEDICATION TO BEING POSITIVE AGENTS FOR CHANGE WITHIN THE COMMUNITY. 7 7 26 7 0 0 748521 852387 3386982 2574834 960214 329325 0 0 5095717 3756546 9576 4000 0 0 1839155 1753333 0 0 0 2641520 1984009 4490251 3741342 605466 15204 27904948 31157013 12734646 16439292 15170302 14717721 TO BUILD AND REVITALIZE COMMUNITIES WITH QUALITY, AFFORDABLE HOUSING, ACCESSIBLE SOCIAL SERVICES, AND A DEDICATION TO BEING POSITIVE AGENTS FOR CHANGE WITHIN THE COMMUNITY. 0 0 3288052 4000 2456840 OWNERSHIP AND RENTAL OF AFFORDABLE HOUSING: PROVIDED SAFE, DECENT AND AFFORDABLE HOUSING TO APPROXIMATELY 1,874 FAMILIES AND INDIVIDUALS. 69673 117994 DEVELOPMENT OF AFFORDABLE HOUSING: DEVELOPED A 72 UNIT NEW CONSTRUCTION TAX CREDIT PROJECT IN HOBBS, NM AND A 74 UNIT NEW CONSTRUCTION TAX CREDIT PROJECT IN ALBUQUERQUE, NM. 3357725 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 19 0 1 26 1 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 1 NM X X X CLYDE SKINNER 5059239604 104 ROMA NW ALBUQUERQUE NM 87102 DR BEVERLEE MCCLURE DIRECTOR/CHAIRMAN 0.50 0.20 X X 0 0 0 ROBERT J AVILA DIRECTOR/VICE CHAIRMAN 0.50 X X 0 0 0 WILLIAM M KNAUF DIRECTOR/SECRETARY/TREASUR 0.50 X X 0 0 0 RAY BETZEN DIRECTOR 0.50 X 0 0 0 LAWRENCE CHAVEZ DIRECTOR 0.50 0.20 X 0 0 0 KEVIN CAUDILL DIRECTOR 0.50 X 0 0 0 GARRETT HENNESSY DIRECTOR 0.50 X 0 0 0 AUGUSTINE C BACA PRESIDENT/CEO 45.00 5.00 X 181744 0 34367 CLYDE S SKINNER SENIOR VICE PRESIDENT/CFO 45.00 5.00 X 120593 0 29363 JOSEPH R ORTEGA EXEC. VP/COO 45.00 5.00 X 157535 0 34248 ROSE SILVA SMITH VP OF ASSET MANAGEMENT 45.00 X 109978 0 27408 569850 0 125386 4 0 1 0 PAVILION CONSTRUCTION LLC 6720 SW MACADAM AVE SUITE 310 PORTLAND OR 97219 CONSTRUCTION OF NEW LEAF 9295650 JAYNES CORPORATION 2906 BRAODWAY NE ALBUQUERQUE NM 87114 CONSTRUCTION OF IMPERIAL BUILDING 9230972 PERLMAN ARCHITECTS OF AZ INC 4808 N 24TH STREET SUITE 100 PHOENIX AZ 85016 ARCHITECT - NEW LEAF 138600 DEKKERPERICHSABATINI LTD 7601 JEFFERSON NE SUITE 100 ALBUQUERQUE NM 87109 ARCHITECT - MULTIPLE PROJECTS 105990 4 852387 852387 DEVELOPMENT FEES 900099 1135746 1135746 RENT & RENTAL MANAGEMENT FEES 532000 676925 676925 CONSTRUCTION MANAGEMENT 900099 635150 635150 127013 127013 2574834 265136 265136 1793 120814 57078 1340 -55285 119474 64189 64189 3756546 2574834 0 329325 4000 4000 695236 446829 248407 698461 695535 2926 80355 50787 29568 184011 114699 69312 95270 88879 6391 23818 22424 1394 14267 13432 835 77119 72605 4514 5651 5320 331 5000 4707 293 2228 2175 53 52171 45831 6340 48936 46072 2864 172323 171929 394 50561 50428 133 11847 11143 704 122881 122435 446 390119 386047 4072 13380 13123 257 PROPERTY EXPENSES 876651 876651 PREDEVELOPMENT COSTS 64975 64975 SOCIAL SERVICE EXPENSE 27035 27035 REPAIRS & MAINTENANCE 17590 17533 57 7457 3131 4326 3741342 3357725 383617 0 82963 34669 2987980 1743750 8887 14120 223927 363739 10520255 15151573 36624 27282 12093189 3789293 8648328 8303896 1620582 1563015 3660390 3821790 115012 133179 27904948 31157013 1104094 766947 11566993 15599396 63559 72949 12734646 16439292 X 15170302 14717721 15170302 14717721 27904948 31157013 X 15204 -446293 -21492 X X 0 1 X 1 0 X 2268283 1654279 390780 748521 852387 5914250 2268283 1654279 390780 748521 852387 5914250 5914250 145600 157255 179987 227936 265136 975914 6890164 11362344 0.85840 0.88710 X SHORT TAX YEAR THE ORGANIZATION CHANGED TO A DECEMBER CALENDAR YEAR END IN 2013. THE AMOUNTS IN THE 2013 COLUMN ARE FOR THE SHORT PERIOD 7/1/2013 THROUGH 12/31/2013. ALL PRIOR YEAR COLUMNS REPRESENT A FULL FISCAL YEAR BEGINNING 7/1 AND ENDING 6/30. ALL SUBSEQUENT YEAR COLUMNS REPRESENT A FULL CALENDAR YEAR BEGINNING 1/1 AND ENDING 12/31. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1637012 150000 -58674 1728338 1.00000 0 0 2390753 2390753 8856836 3113711 5743125 845600 675582 170018 8303896 LP INVESTMENTS 420741 C DEVELOPMENT FEES RECEIVABLE 3400993 C PREDEVELOPMENT CAPITALIZED COSTS 56 C 3821790 SECURITY DEPOSITS/PREPAID RENT 36190 INTERCOMPANY PAYABLES 36759 72949 PART V, LINE 4: BOARD RESTRICTED. USED TO SUPPORT OPERATIONS WHEN THERE ARE CASH SHORTAGES. WITHDRAWALS REQUIRE UNANIMOUS BOARD APPROVAL. X X X X 0 1 0 0 0 0 0 0 0 AUGUSTINE C BACA PRESIDENT/CEO 181744 0 0 0 0 0 14785 0 19582 0 216111 0 0 0 JOSEPH R ORTEGA EXEC. VP/COO 157535 0 0 0 0 0 13111 0 21137 0 191783 0 0 0 PART I, LINE 4B THE FOLLOWING EMPLOYEES PARTICIPATED IN A 457(B) PLAN: AUGUSTINE C. BACA - $14,785 JOSEPH R. ORTEGA - $13,111 CLYDE S. SKINNER - $9,983 STACEY ORTEGA DAUGHTER OF BOARD MEMBER 1000 SCHOLARSHIP EDUCATION ROBERT AVILA CHAIRMAN OF YDI BOARD AND VICE CHAIR OF YES BOARD 90672 YES LEASES OFFICE SPACE FROM YDI. 0 ROBERT AVILA CHAIRMAN OF YDI BOARD AND VICE CHAIR OF YES BOARD 115444 YDI LEASES OFFICE SPACE FROM YES. 0 FORM 990, PART VI, SECTION A, LINE 2 ROBERT AVILA IS A DIRECTOR FOR YDI. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED IN DETAIL BY THE SENIOR VICE PRESIDENT/CFO. ONCE APPROVED BY HIM, A COMPLETE COPY OF THE FORM 990 IS SENT TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS SIGNED BY EACH MEMBER OF THE BOARD, OFFICERS, AND KEY EMPLOYEES EVERY YEAR. THE STATEMENT EXPLAINS THE TERMS AND ASKS FOR DETAILS REGARDING ANY CONFLICT. IF A CONFLICT ARISES WHICH RELATES TO AN EMPLOYEE, IT IS REVIEWED BY THE CEO AND THEN IS PRESENTED TO THE INDEPENDENT MEMBERS OF THE BOARD IF NECESSARY. IF A CONFLICT ARISES WHICH RELATES TO A BOARD MEMBER, IT IS REVIEWED BY THE CHAIRMAN OF THE BOARD AND THEN PRESENTED TO THE INDEPENDENT MEMBERS OF THE BOARD IF NECESSARY. A PERSON WITH A CONFLICT IS NOT ALLOWED TO VOTE ON SUCH TRANSACTIONS. BI-WEEKLY MANAGEMENT AND MONTHLY STAFF MEETINGS ARE USED TO DISCUSS ONGOING OR POTENTIAL DEVELOPMENTS WHERE ANY CONFLICT OF INTEREST HAS BEEN IDENTIFIED AND DISCLOSURE PROCEDURES ARE INITIATED. FORM 990, PART VI, SECTION B, LINE 15A AT THE APRIL 2013 BOARD MEETING, THE BOARD OF DIRECTORS ESTABLISHED A COMPENSATION COMMITTEE CONSISTING OF THREE BOARD MEMBERS TO REVIEW CEO COMPENSATION DATA PROVIDED BY SENIOR STAFF. THE BOARD ALSO AGREED THAT THE COMPENSATION COMMITTEE SHOULD MEET TO REVIEW THE CEO'S COMPENSATION EVERY TWO TO THREE YEARS. AT THE JUNE 2013 BOARD MEETING THE BOARD ACCEPTED THE COMPENSATION COMMITTEE'S RECOMMENDATION THAT BOTH THE MONETARY AND TOTAL COMPENSATION OF YES' CEO IS IN LINE WITH OTHERS HOLDING SIMILAR POSITIONS. AT THIS MEETING THE BOARD ALSO APPROVED THE FY 2014 OPERATING BUDGET WHICH INCLUDED THE PERSONNEL COMPENSATION BUDGET FOR EACH STAFF MEMBER. OFFICERS AND KEY EMPLOYEES COMPENSATION ARE REVIEWED ON THEIR ANNUAL PERFORMANCE REVIEW/EVALUATION ANNIVERSARY. COMPENSATION AND PAY INCREASES ARE BASED UPON DOL WAGE INFORMATION , GUIDESTAR COMPENSATION REPORTS, BUSINESS PUBLICATIONS AND ROBERT HALF SALARY GUIDES. SENIOR MANAGEMENT REVIEW ALL COMPENSATION ANNUALLY AND THE CEO HAS THE ULTIMATE AUTHORITY TO APPROVE COMPENSATION FOR ALL EMPLOYEES EXCEPT HIS OWN. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND MOST RECENT AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.YESHOUSING.ORG AND ARE ALSO MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CAPITAL CONTRIBUTION TO LIMITED PARTNERSHIPS 0. INTERCOMPANY TRANSFERS -21,492. FORM 990, PAGE 12 PART XII, QUESTIONS 2C: THERE HAS BEEN NO CHANGE IN THE AUDIT OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR. YES BRENTWOOD GARDENS APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 850483745 AFFORDABLE HOUSING NM -6 878253 YES HOUSING INC YES MONTANA MEADOWS APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 850480048 AFFORDABLE HOUSING NM 1 516921 YES HOUSING INC YES WILDEWOOD APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 850475448 AFFORDABLE HOUSING NM -4 397243 YES HOUSING INC YES APPLE RIDGE APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 721526695 AFFORDABLE HOUSING NM -6 121131 YES HOUSING INC YES VISTA GRANDE APTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 450514260 AFFORDABLE HOUSING NM -25967 535430 YES HOUSING INC YES 1ST AND ROMA LLC 104 ROMA NW ALBUQUERQUE NM 87102 270981070 AFFORDABLE HOUSING NM 0 0 YES HOUSING INC YES NSP LLC 104 ROMA NW ALBUQUERQUE NM 87102 270843963 AFFORDABLE HOUSING NM 0 0 YES HOUSING INC YES LA HACIENDA LLC 104 ROMA NW ALBUQUERQUE NM 87102 272931718 AFFORDABLE HOUSING NM 0 0 YES HOUSING INC YES HOUSING OF ARIZONA INC 104 ROMA NW ALBUQUERQUE NM 87102 721534324 AFFORDABLE HOUSING AZ 501(C)(3) LINE 7 YES HOUSING INC 1 APPLE RIDGE APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 721526697 AFFORDABLE HOUSING NM YES APPLE RIDGE LLC RELATED -6 121131 0 1 0.00010 BELLA VISTA TOWNHOMES LP 104 ROMA NW ALBUQUERQUE NM 87102 260727608 AFFORDABLE HOUSING NM YES BELLA VISTA LLC RELATED -34 -95804 0 1 0.00010 BRENTWOOD GARDENS APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 850483988 AFFORDABLE HOUSING NM YES BRENTWOOD GARDENS LLC RELATED -6 878253 0 1 0.00010 LOS TRES APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 870744393 AFFORDABLE HOUSING NM YES LOS TRES LLC RELATED -81 1777 0 1 0.00010 MONTANA MEADOWS APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 850480049 AFFORDABLE HOUSING NM YES MONTANA MEADOWS LLC RELATED 1 516921 0 1 0.00010 OTERO VILLAGE LP 104 ROMA NW ALBUQUERQUE NM 87102 860963359 AFFORDABLE HOUSING NM YES HOUSING INC RELATED -137 227326 0 1 0.00010 ROSWELL SUMMIT APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 260524103 AFFORDABLE HOUSING NM YES ROSWELL SUMMIT LLC RELATED -17 72794 0 1 0.00010 VISTA GRANDE APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 412096157 AFFORDABLE HOUSING NM YES VISTA GRANDE LLC RELATED -25967 535430 0 1 0.00010 WILDEWOOD APARTMENTS LP 104 ROMA NW ALBUQUERQUE NM 87102 850475523 AFFORDABLE HOUSING NM YES WILDEWOOD LLC RELATED -4 397243 0 1 0.00010 YES DEMING MOUNTAIN VIEW APARTMENTS LIMITED PARTNERSHIP LLLP 104 ROMA NW ALBUQUERQUE NM 87102 274067014 AFFORDABLE HOUSING NM YES MOUNTAIN VIEW APARTMENTS LLC RELATED -18 55318 0 1 0.00010 MESA DEL NORTE APARTMENTS LIMITED PARTNERSHIP LLLP 104 ROMA NW ALBUQUERQUE NM 87102 371692664 AFFORDABLE HOUSING NM YES MESA DEL NORTE APARTMENTS LLC RELATED -22 307480 0 1 0.00010 CASITAS DE COLORES LLC 104 ROMA NW ALBUQUERQUE NM 87102 273886246 AFFORDABLE HOUSING NM YES CASITAS APARTMENTS LLC RELATED -53 363404 0 1 0.00510 GALLUP SUNSET HILLS APARTMENTS LIMITED PARTNERSHIP LLLP 104 ROMA NW ALBUQUERQUE NM 87102 371713332 AFFORDABLE HOUSING NM YES SUNSET HILLS APARTMENTS LLC RELATED -50 413688 0 1 0.00010 YES LOS TRES LLC 104 ROMA NW ALBUQUERQUE NM 87102 202786022 AFFORDABLE HOUSING NM YES OF ARIZONA LLC RELATED -57 1244 0 1 0.00010 NEW LEAF COMMUNITY LIMITED PARTNERSHIP LLLP 104 ROMA NW ALBUQUERQUE NM 87102 364785269 AFFORDABLE HOUSING NM YES NEW LEAF COMMUNITY LLC RELATED 122677 0 1 0.00010 UR 205 SILVER LLC 104 ROMA NW ALBUQUERQUE NM 87102 464520630 AFFORDABLE HOUSING NM YES IMPERIAL LLC RELATED 1719034 0 1 0.00010 YES BELLA VISTA LLC 104 ROMA NW ALBUQUERQUE NM 87102 260727524 AFFORDABLE HOUSING NM YES HOUSING INC C -34 -95804 1.00000 1 YES ROSWELL SUMMIT LLC 104 ROMA NW ALBUQUERQUE NM 87102 260524004 AFFORDABLE HOUSING NM YES HOUSING INC C -17 72794 1.00000 1 YES OF ARIZONA LLC 104 ROMA NW ALBUQUERQUE NM 87102 204086794 AFFORDABLE HOUSING AZ YES HOUSING OF ARIZONA INC C -57 1244 1.00000 1 YES MOUNTAIN VIEW APARTMENTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 273982257 AFFORDABLE HOUSING NM YES HOUSING INC C -18 55318 1.00000 1 YES MESA DEL NORTE APARTMENTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 455247868 AFFORDABLE HOUSING NM YES HOUSING INC C -22 307480 1.00000 1 YES SUNSET HILLS APARTMENTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 461966525 AFFORDABLE HOUSING NM YES HOUSING INC C -50 413688 1.00000 1 YES CASITAS APARTMENTS LLC 104 ROMA NW ALBUQUERQUE NM 87102 455548512 AFFORDABLE HOUSING NM YES HOUSING INC C -53 363404 0.51000 1 YES NEW LEAF COMMUNITIES LLC 104 ROMA NW ALBUQUERQUE NM 87102 465607866 AFFORDABLE HOUSING NM YES HOUSING INC C 122677 1.00000 1 YES IMPERIAL LLC 104 ROMA NW ALBUQUERQUE NM 87102 471168335 AFFORDABLE HOUSING NM YES HOUSING INC C 1719034 1.00000 1 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 VISTA GRANDE APARTMENTS B 84982 FMV