FOUNDATION COMMUNITIES INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION COMMUNITIES INC (EIN 74-2563260)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-14
- IRS object ID
- 201312269349301821
- Schema version
- 2012v2.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-14T09:44:25-07:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANN ELISE CLIFT CPA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 248 ADDIE ROY RD STE B301 | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 787464101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742563260 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Communities Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | FOUN | NameControl |
| Phone | 5124472026 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3036 South First St | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 78704 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Walter Moreau | Name |
| Title | Exec. Director | Title |
| Date Signed | 2013-08-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Ann Elise Clift CPA | Name |
| PTIN | P00088174 | PTIN |
| Phone | 5123013160 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13161626 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Group Exemption Number | 7171 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.foundcom.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | Creating housing where families succeed. Affordable housing with supportive social services to educate, support and improve the financial standing of the working poor and their communities. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 362 | TotalNbrEmployees |
| Total Nbr Volunteers | 900 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 6913143 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 8284453 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 5808245 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 4862170 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 16404 | InvestmentIncomePriorYear |
| Investment Income Current Year | 15003 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 12737792 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13161626 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 347906 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 376301 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4031517 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5519245 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 623211 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1493645 | OtherExpensePriorYear |
| Other Expenses Current Year | 1548805 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5873068 | TotalExpensesPriorYear |
| Total Expenses Current Year | 7444351 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 6864724 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 5717275 | RevenuesLessExpensesCY |
| Total Assets BOY | 57164131 | TotalAssetsBOY |
| Total Assets EOY | 63838013 | TotalAssetsEOY |
| Total Liabilities BOY | 14552444 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 12032917 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 42611687 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 51805096 | NetAssetsOrFundBalancesEOY |
| Mission Description | Creating housing where families succeed. Affordable housing with supportive social services to educate, support and improve the financial standing of the working poor and their communities. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1927811 | Expense |
| Grants | 376301 | Grants |
| Description | OPENING DOORS TO HOMESImprovement of overall community stability by providing affordable housing alternatives for low income residents.(2,673 housing units at 17 affordable housing communities in Austin, Dallas-Fort Worth) Strategically pursued new acquisitions, especially for families. Social work case managers provide individual case management to families at or below 30% Median Family Income(CHI program) to assist with issues that risk stability in the household - 103 CHI Units in 2012. Case management services provided for SRO communities that house individuals that have previously been homeless(465 units). Property operating costs and revenues are reported at Group Affiliates Form 990 (Tax ID# 74-2678601) | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1717898 | Expense |
| Description | LEARNING IN A COMMUNITY930 children took part in free after-school or summer learning center programs, with 85% maintaining or improving grades; 150 adults attended classes in ESL classes. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1349658 | Expense |
| Description | COMMUNITY TAX CENTERS & FINANCIAL LITERACY PROGRAMS - SAVING FOR THE FUTURECommunity tax centers provided free income tax return preparation services for low-income taxpayers that received $32.5 million in tax refunds and credits (18,310 taxpayers provided services by 600+ volunteers)99 families deposited to savings accounts with matching funds to be used for post-secondary education, home purchases or small business.120 people completed money management classes.72% of those who completed money management classes improved their credit scores or established credit within 6 months, and 430 clients received one-on-one financial coaching. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4995367 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | true | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | true | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 59 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 362 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Ann Clift | NamePerson |
| Telephone Number | 5124472026 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3036 South First | AddressLine1 |
| City | Austin | City |
| State | TX | State |
| ZIP Code | 787046382 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|---|
| Anna Sanchez | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Dalton Duffie | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Kellee Coleman | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Christina Cohee | |||||||
| Secretary | 5.00 | 5.00 | X | 0 | 0 | 0 | X |
| Lew Aldridge | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Danny Hamilton | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Freddy Marichal | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Jason Qunell | |||||||
| Chair | 5.00 | 5.00 | X | 0 | 0 | 0 | X |
| Socar Chatmon-Thomas | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Charles DiTullio | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Leslie Pearson | |||||||
| Treasurer | 5.00 | 5.00 | X | 0 | 0 | 0 | X |
| Tom Chmielewski | |||||||
| Vice Chair | 5.00 | 5.00 | X | 0 | 0 | 0 | X |
| David Tandy | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Alicia Wong | |||||||
| Board Member | 5.00 | 5.00 | X | 0 | 0 | 0 | |
| Sandra Lumley | |||||||
| Prop Director | 40.00 | 40.00 | 113621 | 0 | 23350 | X | |
| Julian Huerta | |||||||
| Deputy Director | 40.00 | 40.00 | 114557 | 0 | 19276 | X | |
| Vicki McDonald | |||||||
| Asset Manager | 40.00 | 40.00 | 114348 | 0 | 15018 | X | |
| Ann Clift | |||||||
| CFO | 40.00 | 40.00 | 101115 | 0 | 23155 | X | |
| Walter Moreau | |||||||
| Exec. Director | 40.00 | 40.00 | 167793 | 0 | 18723 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 611434 | TotalReportableCompFromOrg |
| Total Other Compensation | 99522 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | None over 100000 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Federated Campaigns | 267600 | FederatedCampaigns |
| Related Organizations | 985000 | RelatedOrganizations |
| Government Grants | 1334473 | GovernmentGrants |
| All Other Contributions | 5697380 | AllOtherContributions |
| Noncash Contributions | 1000 | NoncashContributions |
| Total Contributions | 8284453 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| Resident Service Fees | 1004040 | 1004040 |
| Management Fees | 869181 | 869181 |
| Interest on Affil. Notes | 1939020 | 1939020 |
| Development Fees | 600275 | 600275 |
| Asset Management Fees | 348341 | 348341 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 101313 | TotalRevenueColumn |
| Related Or Exempt Function Income | 101313 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 4862170 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 15003 | TotalRevenueColumn |
| Exclusion | $15,003 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13161626 | TotalRevenueColumn |
| Related Or Exempt Function Income | 4862170 | RelatedOrExemptFunctionIncome |
| Exclusion | $15,003 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 376301 | Total |
| Program Services | 376301 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 611434 | Total |
| Program Services | 428004 | ProgramServices |
| Management And General | 91715 | ManagementAndGeneral |
| Fundraising | 91715 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4017761 | Total |
| Program Services | 2655857 | ProgramServices |
| Management And General | 1026172 | ManagementAndGeneral |
| Fundraising | 335732 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 144829 | Total |
| Program Services | 77703 | ProgramServices |
| Management And General | 52847 | ManagementAndGeneral |
| Fundraising | 14279 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 244633 | Total |
| Program Services | 88751 | ProgramServices |
| Management And General | 130176 | ManagementAndGeneral |
| Fundraising | 25706 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 500588 | Total |
| Program Services | 371044 | ProgramServices |
| Management And General | 94797 | ManagementAndGeneral |
| Fundraising | 34747 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1000 | Total |
| Management And General | 1000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7201 | Total |
| Management And General | 7201 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5000 | Total |
| Fundraising | 5000 | Fundraising |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185717 | Total |
| Management And General | 174820 | ManagementAndGeneral |
| Fundraising | 10897 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35550 | Total |
| Program Services | 24610 | ProgramServices |
| Fundraising | 10940 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76230 | Total |
| Program Services | 7971 | ProgramServices |
| Management And General | 66044 | ManagementAndGeneral |
| Fundraising | 2215 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94255 | Total |
| Program Services | 61988 | ProgramServices |
| Management And General | 32267 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67803 | Total |
| Program Services | 58610 | ProgramServices |
| Management And General | 7724 | ManagementAndGeneral |
| Fundraising | 1469 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34405 | Total |
| Program Services | 23405 | ProgramServices |
| Management And General | 11000 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 46343 | Total |
| Program Services | 46343 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 316484 | Total |
| Program Services | 316484 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 110317 | Total |
| Program Services | 110317 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19831 | Total |
| Program Services | 19831 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Mileage/parking | 55451 | 45959 | 7538 | 1954 |
| Outreach Events | 60477 | 12605 | 311 | 47561 |
| Uncollectible Pledges | 69816 | 69816 | ||
| Program/project costs | 178592 | 178592 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 184333 | Total |
| Program Services | 90992 | ProgramServices |
| Management And General | 52345 | ManagementAndGeneral |
| Fundraising | 40996 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7444351 | Total |
| Program Services | 4995367 | ProgramServices |
| Management And General | 1825773 | ManagementAndGeneral |
| Fundraising | 623211 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 460581 | BOY |
| EOY | 343390 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4355415 | BOY |
| EOY | 6441974 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1604640 | BOY |
| EOY | 2617449 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3220129 | BOY |
| EOY | 591287 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30063466 | BOY |
| EOY | 34485408 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38108 | BOY |
| EOY | 53014 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 2379080 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 901015 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1453748 | BOY |
| EOY | 1478065 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15968044 | BOY |
| EOY | 17827426 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57164131 | BOY |
| EOY | 63838013 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3096927 | BOY |
| EOY | 489028 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 108000 | BOY |
| EOY | 231572 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11347517 | BOY |
| EOY | 11312317 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14552444 | BOY |
| EOY | 12032917 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33073835 | BOY |
| EOY | 41090192 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3112395 | BOY |
| EOY | 4642447 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6425457 | BOY |
| EOY | 6072457 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42611687 | BOY |
| EOY | 51805096 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57164131 | BOY |
| EOY | 63838013 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 5717275 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 3476134 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4726118 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3729244 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6534215 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 6913143 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8284453 | CurrentTaxYear |
| Total | 30187173 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3116113 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2421069 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3435971 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4126613 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4862170 | CurrentTaxYear |
| Total | 17961936 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7842231 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6150313 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9970186 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11039756 | CurrentTaxYearMinus1Year |
| Current Tax Year | 13146623 | CurrentTaxYear |
| Total | 48149109 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 48149109 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 108549 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 32253 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21801 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15003 | CurrentTaxYear |
| Total | 194010 | Total |
Post1975 UBTI Post1975UBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 108549 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 32253 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21801 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16404 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15003 | CurrentTaxYear |
| Total | 194010 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 7950780 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6182566 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 9991987 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11056160 | CurrentTaxYearMinus1Year |
| Current Tax Year | 13161626 | CurrentTaxYear |
| Total | 48343119 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99600 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99190 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00400 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00810 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form4720 Filed4955 Tax | false | Form4720Filed4955Tax |
| Correction Made | false | CorrectionMade |
| Volunteers | true | Volunteers |
| Paid Staff Or Management | true | PaidStaffOrManagement |
| Media Advertisements | false | MediaAdvertisements |
| Mailings Members | false | MailingsMembers |
| Publications Or Broadcast | false | PublicationsOrBroadcast |
| Grants Other Organizations | true | GrantsOtherOrganizations |
| Grants Other Organizations | $5,000 | GrantsOtherOrganizationsAmount |
| Direct Contact Legislators | true | DirectContactLegislators |
| Direct Contact Legislators | $24,250 | DirectContactLegislatorsAmount |
| Rallies Demonstrations | false | RalliesDemonstrations |
| Other Activities | false | OtherActivities |
| Total Lobbying Expenditures IIB | 29250 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | false | NotDescribedIn501c3 |
| Form4720 Filed4912 Tax | false | Form4720Filed4912Tax |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Part II-B, Line 1i | Identifier |
| Return Reference | Part II-B, Line 1i - Other Activities Description | ReturnReference |
| Explanation | Five members of management spent a total of approx. 370 hours in communications regarding various local and state level issues related to affordable housing financing programs. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 307132 | OtherCostOrOtherBasis |
| Book Value | 307132 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1121413 | OtherCostOrOtherBasis |
| Depreciation | 270944 | Depreciation |
| Book Value | 850469 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 291019 | OtherCostOrOtherBasis |
| Depreciation | 170748 | Depreciation |
| Book Value | 120271 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 559495 | OtherCostOrOtherBasis |
| Depreciation | 359302 | Depreciation |
| Book Value | 200193 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 100021 | OtherCostOrOtherBasis |
| Depreciation | 100021 | Depreciation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1478065 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| Mgmt. Fees & Misc. due from affil. | 164398 |
| Int. Receivable from non-affil. | 1924027 |
| Int. Receivable from Affil. | 9670312 |
| Escrow deposits | 100000 |
| Dev. Fees Receivable | 4409739 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 17827426 | TotalBookValueOtherAssets |
| Footnote In Part XIII | X | FootnoteInPartXIII |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part X | Part X : FIN48 Footnote | In June 2006, the FASB issued new guidance within ASC740-10, Income Taxes, effective for years beginning after December 15, 2008. It clarified the accounting for uncertainty in income taxes recognized in the consolidated financial statements. Foundation Communities adopted the amended provisions during the year ended December 31, 2009. This standard had no effect on Foundation Communities' consolidated financial position, results of operations or cash flows. |
| Part V, Line 4 | Part V, Line 4: Intended uses of the endowment fund. | Neighborworks America has granted Capital funds for the establishment of a revolving loan pool that Foundation Communities uses to acquire and improve low-income housing in Texas. Foundation Communities loans these funds to affiliate organizations for the acquisition and improvements made to low income properties.Additionally, Neighborworks America has granted $1,230,000 that has been granted to affiliates of Foundation Communities to permanently reduce the mortage debt on the property and house families at 30% of median family income levels. This amount is reported on the Group Affiliate Form 990.Additional endowment funds are held by Austin Community Foundation as designated by donors for future support of Foundation Communities. As of December 31, 2011, Austin Community Foundation had received $3,215 in donations in 2011 and the fair market value of the endowment fund was $182,670 at 12-31-2011. |
| Part IV, Line 2b | Part IV, Line 2b: Explanation of escrow account liability | Foundation Communities holds funds from grant sources and internally designated funds for a matched savings program participants as part of a Financial Literacy education program. Participants savings are matched with funds from the escrow for three eligible purposes - home purchase, secondary education or small business start-up. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
| Total Nbr Of501 C3 And Govt Grants | 0 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part III Form990ScheduleIPartIII (4 entries)
| Type Of GrantTypeOfGrant | Number Of RecipientsNumberOfRecipients | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|
| Transportion/bus passes | 580 | 11407 | Cost of bus passes | Daily bus passes |
| Rent assistance | 176 | 116402 | Payments for housing | Rent and security deposits |
| Medical assistance | 166 | 192595 | Cost pd. to providers | Med. services |
| Household assistance | 2673 | 54445 | Cost | Food & Util. |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | Grant funds and assistance to individuals are monitored through approval processed to disburse funds directly to service providers. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Walter Moreau | NamePerson |
| Title | Exec. Director | Title |
| Base Compensation Filing Org | 167793 | BaseCompensationFilingOrg |
| Deferred Comp Filing Org | 8554 | DeferredCompFilingOrg |
| Nontaxable Benefits Filing Org | 10169 | NontaxableBenefitsFilingOrg |
| Total Compensation Filing Org | 186516 | TotalCompensationFilingOrg |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Audited Financial Statement - Part X | Foundation Communities, Inc. is included in the audited financial statements and single audit report for the combined group of Foundation Communities, Inc. and its affiliates. | |
| Form 990, Part XII, Line 2: Change of Oversight or Selection Process | Audit Committee selects auditor. Auditors meet with committee annually to present audited financial statement report and management letter. | Form 990, Part XII, Line 2c |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Transfer from Cherry Creek affiliate = $3476134 | Form 990, Part XI, Line 9 |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Mailed or e-mailed upon request. Also available on Guidestar website | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Executive Committee reviews and approves compensation of Executive Director. Executive Director reviews and approves compensation of all other employees. | Form 990, Part VI, Line 15b |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | Executive Committee reviews performance annually and approves top management compensation. | Form 990, Part VI, Line 15a |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | All board and staff submit an annual statement regarding conflicts of interest and disclosing any possible conflicts. Statements are summarized by Human Resources department and reviewed by the Executive Director. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Form 990 is reviewed by senior staff and then the Finance/Audit committee before filing with IRS. | Form 990, Part VI, Line 11b |
| Client Note 1 - Schedule D,Part XI, XII and XIII, Reconciliation of Revenue per Audited Financial Statements with Revenue per ReturnFoundation Communities, Inc. and Affiliates' audited financial statements are prepared on a combined/consolidated basis with all 100% owned affiliates included. Based on the group exemption filing requirements per IRS instructions two separate Forms 990 are prepared - one showing only the parent entity, Foudation Communities, Inc. (74-2563260) and another one which combines all the group affiliates (74-2678601). Shown below is a reconciliation between the separate 990's and the combined audit report.FOUNDATION COMMUNITIES, INC. AND AFFILIATESRECONCILIATION OF 2012 REVENUE PER THE FORMS 990 TO THE 2012 AUDITED FINANCIAL STATEMENTS Revenue ExpensesPer Form 990Foundation Communities(74-2563260) 13,161,626 7,444,351Affiliates (74-2678601) 14,487,220 15,496,431Total before Eliminations 27,648,846 22,940,782Less Eliminations (5,101,474) (4,551,908) (see audit report supplemental info)Total after eliminations 22,547,372 18,388,8742011 Audited Financials 22,605,727 18,416,717 2011 Audited Financials 58,355 27,843 [LLC entities not included in exempt groupdue to taxable status under IRC 169(h)(6)(F)(ii)] (see audit report supplemental info)Difference -0- -0- |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (21 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| FC Manchester Housing Corp | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 743018422 | Low income housing | TX | 501c3 | 9 | Foundation Communities Inc | false |
| FC Maxwell Housing Corp | ||||||||||
| 3036 South First St | Austin | TX | 78704 | 743018423 | Low income housing | TX | 501c3 | 9 | Foundation Communities Inc | false |
| FC Austin Four Housing Corp | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 452536121 | Inactive entity | TX | 501c3 | 9 | Foundation Communities Inc | false |
| FC Austin Three Housing Corp | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 452536080 | Inactive entity | TX | 501c3 | 9 | Foundation Communities Inc | false |
| FC Austin Two Housing Corp | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 208832986 | Inactive entity | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Arbor Terrace Housing Corp | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 208832910 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| FC Ashford Housing Corp | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 743018421 | Inactive entity | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Central Texas PC Mutual Housing Corp | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742951149 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Central Texas SWA Mutual Housing Corp | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742914069 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Central Texas Searight Housing Corp | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742877220 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Garden Terrace Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 743019950 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Spring Terrace Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 203499523 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Peters Colony Mutual Housing Corporatio | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742748151 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Shadow Brook Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742748153 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Sleepy Hollow Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742748154 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Daffodil Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742763624 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Village Green Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742941951 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Saint Elmo Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742592916 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Crossroads Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742564401 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Cherry Creek Mutual Housing Corporation | ||||||||||
| 3036 S First St | Austin | TX | 78704 | 742539401 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
| Buckingham Mutual Housing Corporation | ||||||||||
| 3036 South First St | Austin | TX | 78704 | 742602616 | Low income housing | TX | 501(c)(3) | 9 | Foundation Communities Inc | false |
Form990 Schedule R Part III Form990ScheduleRPartIII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|
| Capital Studios Housing LP | |||||||||
| 3036 South First Street | Austin | TX | 78704 | 455502632 | Low income housing | TX | NA | false | false |
| M Station Hsg LP | |||||||||
| 3036 South First Street | Austin | TX | 78704 | 264307919 | Low income housing | TX | NA | true | false |
| Shady Oaks Hsg LP | |||||||||
| 3036 South First Street | Austin | TX | 78704 | 271658966 | Low income housing | TX | NA | false | false |
| Skyline Terrace Hsg LP | |||||||||
| 3036 S First St | Austin | TX | 78704 | 205250955 | Low income housing | TX | NA | false | false |
| SWA Housing LP | |||||||||
| 3036 S First Street | Austin | TX | 78704 | 742914068 | Low income housing | TX | NA | true | false |
| Searight Housing LP | |||||||||
| 3036 S First Street | Austin | TX | 78704 | 742877221 | Low income housing | TX | NA | true | false |
Form990 Schedule R Part IV Form990ScheduleRPartIV (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Controlled OrgControlledOrg | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|
| FC Downtown Studios Housing LLC | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 455426309 | Low income housing | TX | Foundation Comm | C | false | |
| FC Shady Oaks Hsg LLC | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 271658922 | Low income housing | TX | Foundation Comm | C | false | 1.00000 |
| FC M Station Hsg LLC | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 264307826 | Low income housing | TX | Foundation Communities Inc | C | false | 1.00000 |
| FC Skyline Terrace Hsg LLC | ||||||||||
| 3036 South First Street | Austin | TX | 78704 | 205368522 | Low income housing | TX | Foundation Communities Inc | C | false | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (51 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| M Station Hsg LP | ||
| q | 1864756 | cash pd |
| M Station Hsg LP | ||
| l | 70714 | cash pd |
| Shady Oaks Hsg LP | ||
| q | 2892530 | cash pd |
| Shady Oaks Hsg LP | ||
| l | 77355 | cash pd |
| Skyline Terrace Hsg LP | ||
| q | 210048 | cash pd |
| Skyline Terrace Hsg LP | ||
| l | 34990 | cash pd |
| SWA Housing LP | ||
| q | 254445 | cash pd |
| SWA Housing LP | ||
| l | 59993 | accrual |
| Searight Housing LP | ||
| q | 408129 | cash pd |
| Searight Housing LP | ||
| l | 117597 | cash pd |
| Arbor Terrace Housing Corp | ||
| r | 1150000 | |
| Arbor Terrace Housing Corp | ||
| q | 1227750 | |
| Arbor Terrace Housing Corp | ||
| l | 10455 | |
| Arbor Terrace Housing Corp | ||
| d | 9622391 | |
| Arbor Terrace Housing Corp | ||
| b | 25446 | Cash |
| Garden Terrace Housing Corporation | ||
| q | 300641 | cash pd |
| Garden Terrace Housing Corporation | ||
| l | 101861 | cash pd |
| Spring Terrace Housing Corporation | ||
| q | 454756 | cash pd |
| Spring Terrace Housing Corporation | ||
| l | 116901 | cash pd |
| Peters Colony Mutual Housing Corporatio | ||
| q | 169853 | cash pd |
| Peters Colony Mutual Housing Corporatio | ||
| l | 167450 | cash pd |
| Shadow Brook Mutual Housing Corporation | ||
| s | 65999 | cash pd |
| Shadow Brook Mutual Housing Corporation | ||
| q | 358278 | cash pd |
| Shadow Brook Mutual Housing Corporation | ||
| l | 351441 | cash pd |
| Shadow Brook Mutual Housing Corporation | ||
| c | 55000 | cash pd |
| Sleepy Hollow Mutual Housing Corporation | ||
| s | 79142 | cash pd |
| Sleepy Hollow Mutual Housing Corporation | ||
| q | 126554 | cash pd |
| Sleepy Hollow Mutual Housing Corporation | ||
| l | 127202 | cash pd |
| Sleepy Hollow Mutual Housing Corporation | ||
| c | 35000 | cash pd |
| Daffodil Mutual Housing Corporation | ||
| q | 70952 | cash pd |
| Daffodil Mutual Housing Corporation | ||
| l | 15787 | cash pd |
| Daffodil Mutual Housing Corporation | ||
| b | 57592 | accrual |
| Village Green Mutual Housing Corporation | ||
| q | 435705 | cash pd |
| Village Green Mutual Housing Corporation | ||
| l | 98907 | cash pd |
| Village Green Mutual Housing Corporation | ||
| b | 222000 | accrual |
| Saint Elmo Mutual Housing Corporation | ||
| s | 11000 | cash pd |
| Saint Elmo Mutual Housing Corporation | ||
| l | 212634 | cash pd |
| Saint Elmo Mutual Housing Corporation | ||
| c | 165000 | cash pd |
| Crossroads Mutual Housing Corporation | ||
| s | 16500 | cash pd |
| Crossroads Mutual Housing Corporation | ||
| p | 264684 | cash pd |
| Crossroads Mutual Housing Corporation | ||
| l | 140838 | cash pd |
| Crossroads Mutual Housing Corporation | ||
| c | 130000 | cash pd |
| Cherry Creek Mutual Housing Corporation | ||
| s | 22000 | cash pd |
| Cherry Creek Mutual Housing Corporation | ||
| q | 153617 | cash pd |
| Cherry Creek Mutual Housing Corporation | ||
| l | 234097 | cash pd |
| Cherry Creek Mutual Housing Corporation | ||
| d | 3500000 | loan guarantee |
| Cherry Creek Mutual Housing Corporation | ||
| c | 285000 | cash pd |
| Buckingham Mutual Housing Corporation | ||
| s | 22000 | cash pd |
| Buckingham Mutual Housing Corporation | ||
| q | 216697 | cash pd |
| Buckingham Mutual Housing Corporation | ||
| l | 316949 | cash pd |
| Buckingham Mutual Housing Corporation | ||
| c | 315000 | cash pd |
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