2012-05-12T16:04:45-07:00 2011-12-31 Absolute Tax and Accounting Service 2302 E Speedway Suite 210B Tucson AZ 85719 990 2011-01-01 311634604 SALT Inc SALT PO Box 65957 Tucson AZ 85728 Lawrence C Potter 5209912311 2012-05-12 false San Juanita Almaguer 5209912319 2012-05-12 2011 2016-02-24 21:20:13Z Lawrence C Potter 9006123 false X X 1999 AZ Development of and purchase and rehab of homes for sale to low income households and to stabilize and preserve neighborhoods 5 5 3 7 0 0 2242687 6763436 0 -7922809 1083314 9000 0 63935 0 0 104752 177687 905627 312250 4920635 292265 3995023 19985 925612 Development of and purchase and rehab of homes for sale to low income households and to stabilize and preserve neighborhoods false false 107222 9000 9006123 To provide homeownership to low income households and to preserve and stabilize neighborhoods During the year SALT acquired 100 foreclosed homes restored them to habital condition and sold them providing homeownership for low income households and stabilizing and preserving neighborhoods 107222 true true false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true false true false false true false false false false false false false false false true 16 0 true 3 true false false false false false false X 5 5 true false false false false true false true false false false true true true true true true false false false AZ X Lawrence C Potter 5209912311 PO Box 65957 Tucson AZ 85728 Alice Hayden X 0 0 0 Lawrence C Potter X X 0 0 0 Mary H Gage 1.00 X 0 0 Stewart Sherard 1.00 X 0 0 Thomas DiMaggio 1.00 X 0 0 Deborah J Peoples 40.00 X 32000 480 Edward E Robinson 40.00 X 67450 6435 99450 0 6915 0 false false false 2242687 2242687 2242687 Home Sales 531390 6763436 6763436 6763436 7922809 -7922809 -7922809 1083314 0 0 -1159373 9000 9000 30000 15000 15000 21000 10500 10500 2040 2040 6893 6893 4002 4002 1384 1384 12821 12821 6855 6855 8857 8857 25 25 Auto and Truck Expense 1685 1685 Independent Contractors Serv 13191 13191 Professional Fees - Consulti 56970 46710 10260 Bank Service Fees 1835 1835 1129 1129 177687 107222 70465 0 250 320768 69211 312000 4520494 10162 312250 4920635 3364 123027 292265 3868632 292265 3995023 X 19985 925612 19985 925612 312250 4920635 905627 0 X false false false X 2242687 2242687 2242687 2242687 1963563 279124 15 15 2242702 0.12450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false Utility Deposits 10162 10162 true Matching grant for homeownership 2 9000 Monitoring procedures (Part I, line 2) Records are maintained that detail the grantees eligibility; tax returns are looked at, employment is verified, paystubs are requested. Criteria for grants is well established and maintain. All grants are secured by a soft second on the proeprty purchased. Lawrence C Potter Loan for Land Acq X 123027 123027 false true true 123027 Lawrence C Potter President and Direct 22680 Real Estate Commissi false X 104 2242687 Actual Cash Value false false false 01. Officer, directors, etc. family relationship (Part VI, line 2) Lawrence C Potter and Alice Hayden are married 02. Member election for additional members (Part VI, line 7a) Our governing documents provide for the members to elect one third of the board members 03. Committee meeting documentation (Part VI, line 8b) There are no committees 04. Form 990 governing body review (Part VI, line 11) Copies were mailed to all board members 10 days prior to filing 05. Conflict of interest policy compliance (Part VI, line 12c) At quartly board meeting the members are poled as to any conflicts of interest 06. Governing documents, etc, available to public (Part VI, line 19) Upon request by any member of the public we will provide either an electronic copy or a photo copy electronic by email or a photo copy by mail sevice