Foundation For Affordable Housing V Inc

Bend, OR
Tax-exempt since Jan. 2002
EIN: 33-0839354

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Revenue

$2.72M (2023)

Expenses

$3.91M (2023)

Total Assets

$7.72M (2023)

Total Liabilities

$2.24M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,715,237

Expenses

$3,909,227

Net Income

-$1,193,990

Net Assets

$5,480,935

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,933,858	> 100%
Investment Income	$4,175	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$125,226
Net Inventory Sales	$0
Other Revenue	-$97,570

Notable Expenses		Percent of Total Expenses
Executive Compensation	$416,010	10.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$7,719,068
Total Liabilities	$2,238,133
Net Assets	$5,480,935

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (Key Employee)	$380,718	$0	$96,759
Darrin Willard (President)	$0	$828,313	$75,064
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Erica Teel (Director)	$0	$0	$0
Nick Dobron (Director)	$0	$0	$0
Tarun Chandran (Vice President And Secretary)	$0	$607,540	$53,378
Melissa Vincent (Vice President And Treasurer)	$0	$411,931	$50,179
Mei Luu (Vice President And Assistant Secretary)	$0	$211,237	$41,016

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990

Filed on Nov. 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$4,515,667

Expenses

$5,189,550

Net Income

-$673,883

Net Assets

$6,681,414

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,357,962	96.5%
Investment Income	$8,351	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$149,354	3.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$3,098,288	59.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$8,717,002
Total Liabilities	$2,035,588
Net Assets	$6,681,414

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (President)	$3,098,288	$0	$105,225
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Nick Dobron (Director)	$0	$0	$0
Erica Teel (Director)	$0	$0	$0
Darrin Willard (Secretary/Treasurer)	$0	$623,615	$73,819
Melissa Vincent (Senior Vice President)	$0	$329,064	$45,978
Tarun Chandran (General Counsel & Assistant Secretary)	$0	$556,325	$46,463
Jason Acosta (Former Vice President)	$0	$117,017	$14,096

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990

Filed on Nov. 13, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$2,122,399

Expenses

$1,722,187

Net Income

$400,212

Net Assets

$7,355,297

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,144,054	> 100%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	-$21,655

Notable Expenses		Percent of Total Expenses
Executive Compensation	$580,764	33.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$9,679,414
Total Liabilities	$2,324,117
Net Assets	$7,355,297

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (Director/President/Voting)	$580,178	$0	$100,444
Erica Teel (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Nick Dobron (Director)	$0	$0	$0
Darrin Willard (Secretary/Treasurer/Voting)	$0	$587,001	$71,422
Jason Acosta (Vice President)	$0	$202,941	$34,991
Melissa Vincent (Senior Vice President)	$0	$250,486	$44,428

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990

Filed on Nov. 14, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$2,077,726

Expenses

$2,291,142

Net Income

-$213,416

Net Assets

$6,954,760

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,030,208	97.7%
Investment Income	$4,175	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$43,343	2.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$563,763	24.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$7,419,669
Total Liabilities	$464,909
Net Assets	$6,954,760

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (Director/President/Voting)	$566,748	$0	$98,960
Erica Teel (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Jennifer Croswell (Director)	$0	$0	$0
Darrin Willard (Secretary/Treasurer/Voting)	$0	$563,940	$69,824
Jason Acosta (Vice President)	$0	$177,071	$28,455

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990

Filed on Nov. 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$1,610,034

Expenses

$1,033,038

Net Income

$576,996

Net Assets

$8,418,196

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,450,331	90.1%
Investment Income	$4,175	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$155,528	9.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$501,159	48.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$9,123,913
Total Liabilities	$705,717
Net Assets	$8,418,196

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (Director/President/Voting)	$501,159	$0	$103,439
Erica Teel (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Jennifer Croswell (Director)	$0	$0	$0
Darrin Willard (Secretary/Treasurer/Voting)	$0	$421,104	$70,465
Thomas E Willard (Voting Member)	$0	$501,135	$77,436
Jason Acosta (Vice President)	$0	$161,698	$28,469

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990

Filed on Nov. 13, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$6,904,206

Expenses

$1,697,135

Net Income

$5,207,071

Net Assets

$7,841,188

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$33,297	0.5%
Program Services	$1,769,796	25.6%
Investment Income	$4,604	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$4,500,000	65.2%
Net Inventory Sales	$0
Other Revenue	$596,509	8.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$501,029	29.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$52,492	3.1%

Assets/Debt
Total Assets	$8,088,277
Total Liabilities	$247,089
Net Assets	$7,841,188

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (Director/President/Voting Member)	$501,233	$0	$101,464
Erica Teel (Director)	$0	$0	$0
Jennifer Croswell (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Darrin Willard (Secretary/Treasurer/Voting Member)	$0	$350,522	$68,467
Jason Acosta (Vice President)	$0	$155,507	$24,978
Thomas E Willard (Voting Member)	$0	$506,678	$74,777

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990

Filed on Nov. 14, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$1,454,352

Expenses

$1,307,524

Net Income

$146,828

Net Assets

$2,634,118

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,422,879	97.8%
Investment Income	$31,473	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$507,690	38.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,107,511
Total Liabilities	$473,393
Net Assets	$2,634,118

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (President/Director)	$463,050	$0	$97,823
Stanford Smith (Vice President/Director)	$0	$100,548	$38,113
Erica Teel (Director)	$0	$0	$0
Scott Awbrey (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Thomas E Willard (Secretary/Treasurer)	$0	$463,050	$73,310
Darrin Willard (Chief Operating Officer)	$0	$308,056	$71,863

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990

Filed on Nov. 16, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$1,564,855

Expenses

$1,631,199

Net Income

-$66,344

Net Assets

$2,487,290

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$96,065	6.1%
Program Services	$1,456,075	93.0%
Investment Income	$12,715	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$427,110	26.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,648,496
Total Liabilities	$161,206
Net Assets	$2,487,290

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (President/Director)	$376,561	$0	$100,974
Stanford Smith (Vice President/Director)	$0	$101,048	$34,514
Erica Teel (Director)	$0	$0	$0
Scott Awbrey (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Thomas E Willard (Secretary/Treasurer)	$0	$376,262	$74,958
Darrin Willard (Chief Operating Officer)	$0	$301,934	$92,850

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990

Filed on Nov. 16, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$6,164,028

Expenses

$5,511,822

Net Income

$652,206

Net Assets

$2,553,634

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$203,815	3.3%
Program Services	$3,574,507	58.0%
Investment Income	$7,103	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,378,603	38.6%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$361,476	6.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$2,705,977
Total Liabilities	$152,343
Net Assets	$2,553,634

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (President/Director)	$321,251	$0	$74,857
Stanford Smith (Vice President/Director)	$0	$99,548	$31,953
Erica Teel (Director)	$0	$0	$0
Scott Awbrey (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Thomas E Willard (Secretary/Treasurer)	$0	$321,251	$66,519
Darrin Willard (Chief Operating Officer)	$0	$253,397	$79,059

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990

Filed on Nov. 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$5,109,200

Expenses

$5,193,361

Net Income

-$84,161

Net Assets

$1,901,428

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$204,900	4.0%
Program Services	$4,898,288	95.9%
Investment Income	$6,012	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$316,876	6.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$21,165,576
Total Liabilities	$19,264,148
Net Assets	$1,901,428

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (President/Director)	$292,504	$0	$19,271
Stanford Smith (Vice President/Director)	$0	$98,548	$25,382
Erica Teel (Director)	$0	$0	$0
Scott Awbrey (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Rj Miller (Director)	$0	$0	$0
Thomas E Willard (Secretary/Treasurer)	$0	$292,504	$18,780
Darrin Willard (Chief Operating Officer)	$0	$187,002	$44,746

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990

Filed on Nov. 16, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$5,002,513

Expenses

$4,636,827

Net Income

$365,686

Net Assets

$1,985,589

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$240,763	4.8%
Program Services	$4,526,008	90.5%
Investment Income	$1,116	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$234,626	4.7%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$315,804	6.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$21,466,236
Total Liabilities	$19,480,647
Net Assets	$1,985,589

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Deborrah A Willard (President/Director)	$295,001	$0	$20,803
Stanford Smith (Vice President/Director)	$0	$104,737	$23,911
Erica Teel (Director)	$0	$0	$0
Ray Waters (Director)	$0	$0	$0
Shige Itoh (Director)	$0	$0	$0
Thomas E Willard (Secretary/Treasurer)	$0	$295,001	$21,940
Paul Carroll (Chief Operating Officer)	$0	$144,585	$9,388
Darrin Willard (Chief Operating Officer)	$0	$95,501	$25,958

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990

Filed on Nov. 17, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$4,645,299

Expenses

$4,705,328

Net Income

-$60,029

Net Assets

$1,619,903

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$290,025	6.2%
Program Services	$4,355,165	93.8%
Investment Income	$109	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$328,187	7.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$21,142,269
Total Liabilities	$19,522,366
Net Assets	$1,619,903

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$4,149,738

Expenses

$4,538,830

Net Income

-$389,092

Net Assets

$1,679,932

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$297,512	7.2%
Program Services	$3,851,324	92.8%
Investment Income	$902	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$314,408	6.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$21,580,571
Total Liabilities	$19,900,639
Net Assets	$1,679,932

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

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The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Updated December 20, 2024

Foundation For Affordable Housing V Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.72M (2023)

Expenses $3.91M (2023)

Total Assets $7.72M (2023)

Total Liabilities $2.24M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Revenue

$2.72M (2023)

Expenses

$3.91M (2023)

Total Assets

$7.72M (2023)

Total Liabilities

$2.24M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001