Innovative Housing Inc in Portland, Oregon (OR)

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Innovative Housing Inc
Employer Identification Number (EIN)930877440
Name of OrganizationInnovative Housing Inc
Address219 Nw 2nd Ave, Portland, OR 97209-3905
ActivitiesLow income housing
SubsectionCharitable Organization
Ruling Date12/1985
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$29,186,139
Amount of Income$3,301,842
Form 990 Revenue Amount$3,301,842
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Public Housing Facilities


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Amount of income in 2012: $3,301,842 (it was $4,439,130 in 2011)
Innovative Housing Inc: 

 $3,301,842
Other organizations performing similar types of work: 

 $449,898

Assets in 2012: $29,186,139 (it was $27,993,866 in 2011)
Innovative Housing Inc: 

 $29,186,139
Other organizations performing similar types of work: 

 $1,155,056

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$3,301,842
Contributions, Gifts, Grants and Other Similar Amounts$341,228
Program Service Revenue$2,850,413
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$110,201
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$3,038,653
Compensation of current officers, directors, trustees, and key employees$85,870
Other salaries and wages$269,207
Payroll taxes$34,128
Professional fundraising services$0
Other$2,649,448
Balance Sheet (for 2012)
Total assets$29,186,139
Total liabilities$16,411,210
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$15,741,548
Unsecured notes and loans payable to unrelated third parties$0
Other$669,662
Total net assets or fund balances$12,774,929
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$6,808,867
Gifts, grants, contributions, and membership fees received$6,336,674
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$472,193
Gross receipts from related activities, etc.$10,364,559
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Hebrew Home Housing Development Fund Co Inc5901 Palisade Ave, Bronx, NY 10471-1205NY1978-11$7,006,413
2Kaweah Management Company5140 W Cypress Ave, Visalia, CA 93277-8303CA1978-09$2,204,459
3Zion Non-Profit Corporation1101 W Girard Avenue, Philadelphia, PA 19123-1138PA1966-12$852,329
4Spring Meadows Inc1800 Carley Rd Apt 85, Springdale, AR 72762-5975AR1981-10$713,480
5Community Housing Services Inc311 N Broad St, Lansdale, PA 19446-2411PA1986-08$678,341
6Model Housing Cooperative Inc9041 N Kendall Dr, Miami, FL 33176-2119FL1992-03$512,003
7Hubbardston Elderly Housing Inc205 School Street, Gardner, MA 01440-2781MA1983-09$469,801
8Abundant Life Of Perrysburg 2 Inc200 Zoar Drive, Perrysburg, OH 43551-3186OH1992-08$302,243
9Tucker Rehabilitation IncPO BOX 6400, Wheeling, WV 26003-0801WV1987-09$176,456
10Interfaith Housing Foundation2169 Francisco Blvd E Ste B, San Rafael, CA 94901-5531CA1980-06$18,122,418
11Community Resources & Housing Development Corporation7305 Lowell Blvd Unit 200, Westminster, CO 80030-1709CO1971-08$12,665,092
12Choanoke Area Development AssocPO BOX 530, Rich Square, NC 27869-0530NC1965-03$11,155,469
13Arundel Community Development Services Inc2666 Riva Rd Ste 210, Annapolis, MD 21401-7186MD1994-04$10,600,485
14Harborview Properties Inc6120 Stoneridge Mall Road 3rd Fl, Pleasanton, CA 94588-3296CA1968-08$10,099,593
15Harbor Homes Inc45 High St, Nashua, NH 03060-3312NH1985-04$8,226,280
16Orlando Central Towers Inc803 Eyrie Drive No 101, Oviedo, FL 32765FL1967-01$7,086,555
17Reach For Your Potential Inc1705 S 1st Ave Ste I, Iowa City, IA 52240-6037IA1993-04$6,930,326
18Columbia Cascade Housing Corporation312 Court St, The Dalles, OR 97058-2129OR1995-05$6,295,576
19Gateway Housing Foundation5501 E Hillery Dr, Scottsdale, AZ 85254-2376AZ1993-04$6,180,583
20Bridgeport Rotary Club Housing Corporation585 Norman Street, Bridgeport, CT 06605-1144CT1976-01$5,800,466
21Intercontinental Affordable Housing Inc2090 N Tustin Avenue, Santa Ana, CA 92705-7867CA1993-09$5,788,273
22Broadway Towers Inc3447 Greystone Cir, Atlanta, GA 30341-5854GA1979-03$5,381,846
23Community Housing Of Maine IncPO BOX 7250, Portland, ME 04112-7250ME1994-09$4,594,885
24Innovative Housing Inc219 Nw 2nd Ave, Portland, OR 97209-3905OR1985-12$3,301,842
25Independent Order Of Odd Fellows, Kenilworth Pk Pl3214 Se Holgate Blvd, Portland, OR 97202-3471OR1962-05$626,293
26Portland Disciples Housing Inc, Powell Vista Manor4125 Se 182nd Ave, Gresham, OR 97030-5081OR1951-07$581,101
27Northwestern Retirement Housing, Mattie Younkin Manor2400 Ne 27th Dr, Gresham, OR 97030-3218OR1951-07$273,645
28Nikkei Community Project6305 E Burnside St, Portland, OR 97215-1351OR1983-10$269,894
29Housing Opportunities IncorporatedPO BOX 430, Redmond, OR 97756-0101OR1992-07$46,513
30North Plains Senior Plaza IncPO BOX 608, North Plains, OR 97133-0608OR1995-06$7,764
Number of organizations performing similar types of work
Alabama17
Arkansas20
Arizona7
California77
Colorado16
Connecticut9
District of Columbia4
Delaware3
Florida44
Georgia28
Hawaii2
Iowa8
Idaho2
Illinois11
Indiana17
Kansas8
Kentucky15
Louisiana5
Massachusetts21
Maryland14
Maine9
Michigan14
Minnesota8
Missouri5
Mississippi5
Montana4
North Carolina24
New Hampshire8
New Jersey14
New Mexico2
Nevada2
New York51
Ohio43
Oklahoma8
Oregon16
Pennsylvania28
Rhode Island5
South Carolina6
South Dakota3
Tennessee18
Texas26
Utah2
Virginia42
Vermont5
Washington16
Wisconsin13
West Virginia2
Wyoming1
International1
Total709

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