MOUNTAINLANDS COMMUNITY HOUSING: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MOUNTAINLANDS COMMUNITY HOUSING (EIN 87-0514438)
- Tax period
- 2011-04-01 to 2012-03-31
- Filed
- 2012-08-08
- IRS object ID
- 201242219349300809
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-08T09:51:35-05:00 | Timestamp |
| Tax Period End Date | 2012-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SHAW MUMFORD & CO PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1564 SOUTH 500 WEST SUITE 201 | AddressLine1 |
| City | BOUNTIFUL | City |
| State | UT | State |
| ZIP Code | 840107400 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 870514438 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNTAINLANDS COMMUNITY HOUSING | BusinessNameLine1 |
| Business Name Line2 | ASSOCIATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MOUN | NameControl |
| Phone | 4356479719 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1960 SIDEWINDER DRIVE | AddressLine1 |
| Address Line2 | ROOM/SUITE 107 | AddressLine2 |
| City | PARK CITY | City |
| State | UT | State |
| ZIP Code | 840607448 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SCOTT LOOMIS | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 4356479719 | Phone |
| Date Signed | 2012-07-30 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JUSTIN R SHAW CPA CFE | Name |
| Phone | 8012943155 | Phone |
| Date Prepared | 2012-08-08 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | SCOTT LOOMIS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1960 SIDEWINDER DRIVE 107 | AddressLine1 |
| City | PARK CITY | City |
| State | UT | State |
| ZIP Code | 840607448 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1744030 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | HTTP://WWW.HOUSINGHELP.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1993 | YearFormation |
| State Legal Domicile | UT | StateLegalDomicile |
| Activity Or Mission Description | MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION'S (MCHA) PURPOSE IS BASED ON THE BELIEF THAT A SAFE AFFORDABLE HOME IS OFTEN A FAMILYS FIRST STEP TOWARD ECONOMIC SELF-SUFFICIENCY. MCHA ADDRESSES THE DUAL PROBLEMS OF HOUSING AFFORDABILITY AND AVAILABILITY ON THREE FRONTS: ACQUISITION AND NEW CONSTRUCTION OF AFFORDABLE HOUSING, DIRECT ASSISTANCE IN SECURING HOUSING AND NEEDED BASIC SERVICES, AND EDUCATION AND ADVOCACY TO PROMOTE HOUSING POLICY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 796587 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 740761 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 294104 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 307921 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -116926 | InvestmentIncomePriorYear |
| Investment Income Current Year | -122214 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 334 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 974099 | TotalRevenuePriorYear |
| Total Revenue Current Year | 926468 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 102415 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 374212 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 378679 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 13325 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 399974 | OtherExpensePriorYear |
| Other Expenses Current Year | 306937 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 774186 | TotalExpensesPriorYear |
| Total Expenses Current Year | 788031 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 199913 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 138437 | RevenuesLessExpensesCY |
| Total Assets BOY | 4689109 | TotalAssetsBOY |
| Total Assets EOY | 4404320 | TotalAssetsEOY |
| Total Liabilities BOY | 3066984 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2643758 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1622125 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 1760562 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION'S (MCHA) PURPOSE IS BASED ON THE BELIEF THAT A SAFE AFFORDABLE HOME IS OFTEN A FAMILYS FIRST STEP TOWARD ECONOMIC SELF-SUFFICIENCY. MCHA ADDRESSES THE DUAL PROBLEMS OF HOUSING AFFORDABILITY AND AVAILABILITY ON THREE FRONTS: ACQUISITION AND NEW CONSTRUCTION OF AFFORDABLE HOUSING, DIRECT ASSISTANCE IN SECURING HOUSING AND NEEDED BASIC SERVICES, AND EDUCATION AND ADVOCACY TO PROMOTE HOUSING POLICY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 725745 | Expense |
| Grants | 102415 | Grants |
| Revenue | 307921 | Revenue |
| Description | DURING THE FISCAL YEAR ENDING MARCH 31, 2012, MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION (MCHA) COMPLETED 6 HOMES IN KAMAS, UTAH, BRINGING THE TOTAL TO 135 HOMES COMPLETED SINCE 2002. IN ADDITION, FIVE MORE HOMES WERE STARTED IN KAMAS AND WERE COMPLETED IN EARLY FY13. THESE HOMES WERE COMPLETED UNDER MCHA'S SELF HELP PROGRAM. BECAUSE OF A LACK OF QUALIFIED PARTICIPANTS, USDA RURAL DEVELOPMENT DID NOT APPROVE MCHA'S 523 GRANT UNTIL AUGUST 2011, CAUSING MCHA TO SELF FUND THE PROGRAM FROM APRIL UNTIL SEPTEMBER. MCHA, AS THE MANAGING MEMBER AND DEVELOPER OF ELMBRIDGE APARTMENTS L.P, STARTED CONSTRUCTION ON 76 APARTMENTS IN HEBER CITY, UTAH. COMPLETION WILL BE IN SUMMER 2012. MCHA , AS MANAGING MEMBER AND DEVELOPER OF PRESTIGE SENIOR LIVING CENTER, LLC, STARTED CONSTRUCTION OF 23 APARTMENTS ALSO IN HEBER CITY, UTAH. COMPLETION IS SCHEDULED FOR FALL 2012. DURING THE FISCAL YEAR, THE 15-YEAR LOW INCOME HOUSING TAX CREDIT COMPLIANCE PERIOD TERMINATED FOR WASHINGTON MILL APARTMENTS WHICH HAS BEEN OWNED IN A TAX CREDIT PARTNERSHIP. THE PARTNERS, DEER VALLEY RESORT AND ZIONS BANK, CONVEYED THEIR INTEREST TO MCHA, MAKING IT THE SOLE OWNER OF THE 8 APARTMENTS IN PARK CITY, UTAH. ALTHOUGH FUNDING DID NOT BEGIN UNTIL APRIL 1ST, IN MARCH MCHA WAS AWARDED A CORNERSTONE HOMEOWNERSHIP INNOVATION PROGRAM (CHIP) GRANT IN THE AMOUNT OF 130,000 FOR EACH OF THE NEXT TWO FISCAL YEARS. THIS WILL PROVIDE FUNDS FOR MCHA TO MONITOR RESTRICTED AFFORDABLE HOMES, EXPAND ITS HOMEOWNERSHIP PROGRAMS, AND TRACK THE LONG-TERM EFFECTIVENESS OF ITS PROGRAMS. OTHER THAN THE ABOVE, MCHA CONTINUED TO RECEIVE FUNDING AND OPERATE ITS TRANSITIONAL HOUSING PROGRAM, HOUSING RESOURCE CENTER, AND OTHER ACTIVITIES. ITS CONTRACT WITH SUMMIT COUNTY WAS RENEWED FOR ANOTHER YEAR AND ITS CONTRACT WITH PARK CITY MUNICIPAL CORPORATION FOR TWO YEARS. | Description |
| Total Program Service Expense | 725745 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | 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 | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | 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 | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| 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 | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | 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 | 31 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| 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 |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | true | 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 | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | UT | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | BRUCE CRANE | NamePerson |
| Telephone Number | 4356479719 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1960 SIDEWINDER DR 107 | AddressLine1 |
| City | PARK CITY | City |
| State | UT | State |
| ZIP Code | 840607448 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (10 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MONIKA GUENDNER | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | |
| JOSIE HAGEN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ANNETTE SNEED | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| GARY MCDONALD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ROBERT HARTER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| FREDERICK G TRIPP PHD | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | |
| BOB WELLS | ||||||
| PRESIDENT | 1.00 | X | 0 | 0 | 0 | |
| BOB RICHER | ||||||
| VICE PRESIDE | 1.00 | X | 0 | 0 | 0 | |
| RILEY RISTO | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| SCOTT LOOMIS | ||||||
| EX. DIRECTOR | 40.00 | 86625 | 0 | 17317 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 86625 | TotalReportableCompFromOrg |
| Total Other Compensation | 17317 | TotalOtherCompensation |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Government Grants | 343285 | GovernmentGrants |
| All Other Contributions | 397476 | AllOtherContributions |
| Noncash Contributions | 217728 | NoncashContributions |
| Total Contributions | 740761 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| MEADOWVIEW APARTMENTS RENT | 188757 | 188757 |
| MANAGEMENT FEES | 98924 | 98924 |
| WASHINGTON MILL RENT | 16528 | 16528 |
| LAND LEASE | 2400 | 2400 |
| DEVELOPMENT FEES | 1302 | 1302 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 10 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 307921 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7722 | TotalRevenueColumn |
| Exclusion | $7,722 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 687626 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 817562 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -129936 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -129936 | TotalRevenueColumn |
| Related Or Exempt Function Income | -129936 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 926468 | TotalRevenueColumn |
| Related Or Exempt Function Income | 177985 | RelatedOrExemptFunctionIncome |
| Exclusion | $7,722 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102415 | Total |
| Program Services | 102415 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103941 | Total |
| Program Services | 92194 | ProgramServices |
| Management And General | 8749 | ManagementAndGeneral |
| Fundraising | 2998 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 217849 | Total |
| Program Services | 195665 | ProgramServices |
| Management And General | 15996 | ManagementAndGeneral |
| Fundraising | 6188 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31378 | Total |
| Program Services | 26076 | ProgramServices |
| Management And General | 4328 | ManagementAndGeneral |
| Fundraising | 974 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25511 | Total |
| Program Services | 21190 | ProgramServices |
| Management And General | 3551 | ManagementAndGeneral |
| Fundraising | 770 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9203 | Total |
| Program Services | 7964 | ProgramServices |
| Management And General | 958 | ManagementAndGeneral |
| Fundraising | 281 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6116 | Total |
| Program Services | 3585 | ProgramServices |
| Management And General | 1823 | ManagementAndGeneral |
| Fundraising | 708 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67603 | Total |
| Program Services | 61000 | ProgramServices |
| Management And General | 5281 | ManagementAndGeneral |
| Fundraising | 1322 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1457 | Total |
| Program Services | 1220 | ProgramServices |
| Management And General | 175 | ManagementAndGeneral |
| Fundraising | 62 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50322 | Total |
| Program Services | 49439 | ProgramServices |
| Management And General | 883 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33182 | Total |
| Program Services | 31604 | ProgramServices |
| Management And General | 1578 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3369 | Total |
| Management And General | 3369 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| REPAIRS | 56902 | 56902 |
| MEADOWVIEW ADMINISTRATIVE | 50046 | 50046 |
| REPAIRS | 11846 | 11846 |
| SELF HELP TOOLS | 11376 | 11376 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5515 | Total |
| Program Services | 3223 | ProgramServices |
| Management And General | 2270 | ManagementAndGeneral |
| Fundraising | 22 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 788031 | Total |
| Program Services | 725745 | ProgramServices |
| Management And General | 48961 | ManagementAndGeneral |
| Fundraising | 13325 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 419477 | BOY |
| EOY | 228723 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2112 | BOY |
| EOY | 101072 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3185 | BOY |
| EOY | 30000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 2462 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 647835 | BOY |
| EOY | 655354 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12000 | BOY |
| EOY | 15412 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 3106412 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 288481 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2292523 | BOY |
| EOY | 2817931 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18733 | BOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2874 | BOY |
| EOY | 2874 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1290370 | BOY |
| EOY | 550492 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4689109 | BOY |
| EOY | 4404320 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45355 | BOY |
| EOY | 47807 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1338478 | BOY |
| EOY | 1646843 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1683151 | BOY |
| EOY | 949108 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3066984 | BOY |
| EOY | 2643758 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1622125 | BOY |
| EOY | 1760562 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1622125 | BOY |
| EOY | 1760562 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4689109 | BOY |
| EOY | 4404320 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 138437 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 281279 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 451082 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 527152 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 796587 | CurrentTaxYearMinus1Year |
| Current Tax Year | 740761 | CurrentTaxYear |
| Total | 2796861 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 281279 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 451082 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 527152 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 796587 | CurrentTaxYearMinus1Year |
| Current Tax Year | 740761 | CurrentTaxYear |
| Total | 2796861 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 487508 | AmountsSubstContributorsTotal |
| Public Support Total170 | 2309353 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 13091 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 8544 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8473 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 8512 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7722 | CurrentTaxYear |
| Total | 46342 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 2843203 | TotalSupport |
| Gross Receipts From Admissions Etc | 1299988 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.81220 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.77170 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
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 D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1732280 | OtherCostOrOtherBasis |
| Book Value | 1732280 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1361714 | OtherCostOrOtherBasis |
| Depreciation | 279485 | Depreciation |
| Book Value | 1082229 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 12418 | OtherCostOrOtherBasis |
| Depreciation | 8996 | Depreciation |
| Book Value | 3422 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 2817931 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEVELOPMENTS IN PROGRESS | 520518 |
| OTHER ASSETS | 29974 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 550492 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CONSTRUCTION LOANS | $638,715 |
| DEFERRED REVENUE - SELF-HELP SALES | $149,000 |
| SELF-HELP PARTICIPANT RESTRICTED | $91,560 |
| LINE OF CREDIT | $56,333 |
| SHOP CONSTRUCTION LOANS | $13,500 |
| MEADOWVIEW APARTMENTS OTHER LIABILIT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 949108 | TotalOfAmounts |
| Total Revenue | 926468 | TotalRevenue |
| Total Expenses | 788031 | TotalExpenses |
| Excess Or Deficit For Year | 138437 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 138437 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 926468 | TotRevenueEtcAuditedFinclStmt |
| Revenue Subtotal | 926468 | RevenueSubtotal |
| Total Revenue Per Form990 | 926468 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 788031 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 788031 | ExpensesSubtotal |
| Total Expenses Per Form990 | 788031 | TotalExpensesPerForm990 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | false | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | TRANSITIONAL HOUSING | TypeOfGrant |
| Number Of Recipients | 20 | NumberOfRecipients |
| Amount Of Cash Grant | 102415 | AmountOfCashGrant |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 217728 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | MOUNTAINLANDS COMMUNITY HOUSING ASSOCIATION'S (MCHA) PURPOSE IS BASED ON THE BELIEF THAT A SAFE AFFORDABLE HOME IS OFTEN A FAMILYS FIRST STEP TOWARD ECONOMIC SELF-SUFFICIENCY. MCHA ADDRESSES THE DUAL PROBLEMS OF HOUSING AFFORDABILITY AND AVAILABILITY ON THREE FRONTS: ACQUISITION AND NEW CONSTRUCTION OF AFFORDABLE HOUSING, DIRECT ASSISTANCE IN SECURING HOUSING AND NEEDED BASIC SERVICES, AND EDUCATION AND ADVOCACY TO PROMOTE HOUSING POLICY. |
| FIRST ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4A | BE IN SUMMER 2012. MCHA , AS MANAGING MEMBER AND DEVELOPER OF PRESTIGE SENIOR LIVING CENTER, LLC, STARTED CONSTRUCTION OF 23 APARTMENTS ALSO IN HEBER CITY, UTAH. COMPLETION IS SCHEDULED FOR FALL 2012. DURING THE FISCAL YEAR, THE 15-YEAR LOW INCOME HOUSING TAX CREDIT COMPLIANCE PERIOD TERMINATED FOR WASHINGTON MILL APARTMENTS WHICH HAS BEEN OWNED IN A TAX CREDIT PARTNERSHIP. THE PARTNERS, DEER VALLEY RESORT AND ZIONS BANK, CONVEYED THEIR INTEREST TO MCHA, MAKING IT THE SOLE OWNER OF THE 8 APARTMENTS IN PARK CITY, UTAH. ALTHOUGH FUNDING DID NOT BEGIN UNTIL APRIL 1ST, IN MARCH MCHA WAS AWARDED A CORNERSTONE HOMEOWNERSHIP INNOVATION PROGRAM (CHIP) GRANT IN THE AMOUNT OF 130,000 FOR EACH OF THE NEXT TWO FISCAL YEARS. THIS WILL PROVIDE FUNDS FOR MCHA TO MONITOR RESTRICTED AFFORDABLE HOMES, EXPAND ITS HOMEOWNERSHIP PROGRAMS, AND TRACK THE LONG-TERM EFFECTIVENESS OF ITS PROGRAMS. OTHER THAN THE ABOVE, MCHA CONTINUED TO RECEIVE FUNDING AND OPERATE ITS TRANSITIONAL HOUSING PROGRAM, HOUSING RESOURCE CENTER, AND OTHER ACTIVITIES. ITS CONTRACT WITH SUMMIT COUNTY WAS RENEWED FOR ANOTHER YEAR AND ITS CONTRACT WITH PARK CITY MUNICIPAL CORPORATION FOR TWO YEARS. |
| MANAGEMENT DELEGATED | FORM 990, PAGE 6, PART VI, LINE 3 | THE MANAGEMENT OF DAILY OPERATIONS RELATED TO THE MEADOWVIEW APARTMENTS HAS BEEN DELEGATED TO A MANAGEMENT COMPANY. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS PROVIDED TO EACH BOARD MEMBER FOR REVIEW AND COMMENT PRIOR TO FILING. IN ADDITION, MANAGEMENT REVIEWS THE 990 PRIOR TO FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | THE ORGANIZATION FOLLOWS THE POLICIES OF THE UTAH NONPROFIT ASSOCIATION CODE OF ETHICS. ONE CODE SPECIFICALLY RELATES TO CONFLICTS OF INTEREST. ALL EMPLOYEES AND BOARD MEMBERS ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY, WHICH REQUIRES THAT ALL ACTUAL, POTENTIAL, OR PERCEIVED CONFLICTS OF INTEREST BE DISCLOSED. THE POLICY REQUIRES THAT BOARD MEMBERS AND STAFF ACT IN THE BEST INTERESTS OF THE ORGANIZATION RATHER THAN ON THE BASIS OF PERSONAL INTERESTS OR THE INTERESTS OF THIRD PARTIES. THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR REVIEWS EACH ACTUAL, POTENTIAL, OR PERCEIVED CONFLICT OF INTEREST. THEY WILL DETERMINE WHAT SPECIFIC ACTION IS REQUIRED TO ENSURE THE BEST INTERESTS OF THE ORGANIZATION. IN ADDITION, EACH YEAR THE ORGANIZATION AFFIRMS COMPLIANCE WITH THIS POLICY IN A SIGNED DOCUMENT TO THE UTAH NONPROFIT ASSOCIATION. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES IS APPROVED BY THE BOARD EACH YEAR WHEN THE BUDGET IS APPROVED. ALL SALARIES AND RAISES ARE GIVEN TO THE BOARD AS PART OF THE BUDGET AND THE ENTIRE BUDGET IS APPROVED BY THE BOARD AFTER DISCUSSION. SALARY COMPARISONS ARE SHARED WITH FOUR OTHER NON-PROFIT ENTITIES IN UTAH IN THE AFFORDABLE HOUSING BUSINESS. THIS DATA IS USED AS A COMPARISON WHEN ESTABLISHING SALARIES. THE BOARD DOCUMENTS APPROVAL OF ALL PAY RATE CHANGES AND MERIT AWARDS. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | THE BOARD OF DIRECTOR REVIEWS AND APPROVES COMPENSATION OF OTHER KEY EMPLOYEES. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
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