Abode Property Management
Abode Property Management reported $10.4 million in revenue and $11.6 million in expenses for the fiscal year ending June 30, 2024. Of every $100 it spent, $78.89 went to program services, $20.99 to management and general costs and $0.12 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.9% of the total. Government grants made up 30.6%. The highest compensation it reported for one person was $361,688 (CHIEF EXECUTIVE OFFICER). Revenue rose 173% between FY2020 and FY2024. Source: Form 990, FY2024 (6 mo.).
Where $100 of spending went
The 6-month short period ending December 31, 2024 · Form 990, Part IX, line 25 · total expenses $12MFor 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
The 6-month short period ending December 31, 2024 · Form 990, Part VIII · total revenue $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 78.9% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 21.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 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 | 31.0% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 30.6% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 68.9% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $361,688 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.12% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 3.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 16 of 16 | 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
FY2024 (6 mo.) · Form 990, Part III · the three largest programs by expenseThe organization owns, operates, and manages a portfolio of affordable housing units and properties in order to end homelessness and prevent the institutionalization of people with special needs in northern california such as those with developmental and psychiatric disabilities, and medical conditions including HIV/AIDS and drug and alcohol dependency
Highest reported compensation
FY2024 (6 mo.) · 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 |
|---|---|---|---|---|
| CHIEF EXECUTIVE OFFICER Officer, 7.00 hrs/week | $0 | $355,675 | $6,013 | $361,688 |
| CHIEF FINANCIAL OFFICER Officer, 5.00 hrs/week | $0 | $280,616 | $13,331 | $293,947 |
| CHIEF OPERATING OFFICER Officer, 7.00 hrs/week | $0 | $234,147 | $11,281 | $245,428 |
0 people received more than $100,000 in reportable compensation from Abode Property Management (Part VII, line 2).
6 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 (6 mo.) · 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–1b16 · 16 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 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- 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 50
- Volunteers Part I, line 617
Largest outside contractors
FY2024 (6 mo.) · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Abode Property Management's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Abode Property Management, you can publish a response that is linked from this page.
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Of every $100 Abode Property Management spent in FY2024, $78.89 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Housing and Human Development CorporationChicago, IL · revenue $10M · programs 92.3% · 2024
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- Downtown Rescue MissionHuntsville, AL · revenue $10M · programs 78.0% · FY2025
- Downstreet Housing and Community DevelopmentBarre, VT · revenue $10M · programs 92.7% · 2024
- Leadingage California FoundationSacramento, CA · revenue $10M · programs 87.5% · 2024
All housing & shelter charities · Largest charities in California
Questions people ask
How much of Abode Property Management's spending goes to programs?
In the fiscal year ending June 30, 2024, Abode Property Management reported that 78.9% of its $11.6 million in expenses went to program services, 21.0% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does Abode Property Management pay its top executive?
The largest total compensation Abode Property Management reported for one person in the fiscal year ending June 30, 2024 was $361,688, for the role of CHIEF EXECUTIVE OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Abode Property Management get its money?
Of $10.4 million in revenue in the fiscal year ending June 30, 2024, 31.0% came from contributions and grants (including 30.6% from government grants) and 68.9% from program service revenue (Form 990, Part VIII).
Is Abode Property Management a registered charity?
The IRS lists EIN 94-2650901 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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
- FY2024 (6 mo.): Form 990 for the 6-month short period ending December 31, 2024, object 202523219349326367 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349317810 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349313833 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202322059349301292 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231329349308183 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121319349302662 · read the filing
All filings for EIN 94-2650901: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.