The Housing Company
The Housing Company reported $17.3 million in revenue and $13.4 million in expenses for calendar year 2024. Of every $100 it spent, $82.38 went to program services, $17.62 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.2% of the total. Government grants made up 10.5%. The highest compensation it reported for one person was $619,040 (President). 2 people received more than $100,000 in reportable compensation. Revenue rose 61% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $17MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.4% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.6% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 10.9% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 10.5% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.2% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $619,040 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.62% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 2 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 23.6 | 10.0 |
| Independent voting board members Part VI 1a–1b | 5 of 6 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseThe Housing Company (Housing) was incorporated in Idaho on August 2, 1990. Housing was formed to develop, acquire and operate real estate for the benefit of elderly, disadvantaged, limited income or otherwise needy persons throughout the state of Idaho. As of December 31, 2024, Housing had acquired and was operating fifteen multifamily housing complexes; had constructed and was operating twenty-two multifamily housing complexes; had constructed two additional phases of housing to existing developments; had completed renovations of two hotels and turned them into a new multifamily complex; had…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Director/trustee, officer, 4.00 hrs/week | $0 | $524,017 | $95,023 | $619,040 |
| Treasurer Officer, 1.00 hrs/week | $0 | $293,193 | $79,885 | $373,078 |
| Executive Director Officer, 40.00 hrs/week | $166,194 | $0 | $54,468 | $220,662 |
| Senior Accounting Manager Highest compensated employee, 40.00 hrs/week | $108,765 | $0 | $45,794 | $154,559 |
| Chairman Director/trustee, officer, 1.00 hrs/week | $5,400 | $0 | $0 | $5,400 |
| Director Director/trustee, 1.00 hrs/week | $5,400 | $0 | $0 | $5,400 |
| Director Director/trustee, 1.00 hrs/week | $5,400 | $0 | $0 | $5,400 |
| Director Director/trustee, 1.00 hrs/week | $5,400 | $0 | $0 | $5,400 |
2 people received more than $100,000 in reportable compensation from The Housing Company (Part VII, line 2). Compensation of current officers, directors and key employees totaled $237K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b6 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 597
- Volunteers Part I, line 61
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| Precision Landscaping Landscaping | $421,680 |
| Eide Bailly LLP Professional Fees | $272,338 |
| Holeshot Plumbing LLC Plumbing | $126,947 |
| Klinger Asphalt LLC Asphalt Service | $107,100 |
Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Housing Company's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Housing Company, you can publish a response that is linked from this page.
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Of every $100 The Housing Company spent in 2024, $82.38 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Neighbor to NeighborFort Collins, CO · revenue $17M · programs 95.6% · 2024
- Habitat for Humanity PhiladelphiaPhiladelphia, PA · revenue $17M · programs 78.4% · FY2025
- Millennium Housing of CaliforniaCosta Mesa, CA · revenue $17M · programs 97.3% · FY2025
- Phscottage GroveRoseville, MN · revenue $17M · programs 86.1% · FY2025
- Appalachian Real Estate Development CorporationBoone, NC · revenue $17M · programs 97.2% · FY2025
All housing & shelter charities · Largest charities in Idaho
Questions people ask
How much of The Housing Company's spending goes to programs?
In calendar year 2024, The Housing Company reported that 82.4% of its $13.4 million in expenses went to program services, 17.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Housing Company pay its top executive?
The largest total compensation The Housing Company reported for one person in calendar year 2024 was $619,040, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Housing Company get its money?
Of $17.3 million in revenue in calendar year 2024, 10.9% came from contributions and grants (including 10.5% from government grants) and 87.2% from program service revenue (Form 990, Part VIII).
Is The Housing Company a registered charity?
The IRS lists EIN 82-0439164 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513219349305991 · read the filing · XML
- 2023: Form 990 for calendar year 2023 (amended), object 202523459349301032 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349319312 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243189349309994 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122599349300427 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002689349300805 · read the filing
All filings for EIN 82-0439164: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.