DEVELOPMENTAL PATHWAYS HOUSING CORP III

EIN: 204236443 501(c)(3)

AURORA, CO

Total Revenue
$2,199,533
Total Expenses
$313,738
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CO
Principal Officer
ALEXA LANPHER
Phone
3032143370
Tax Period
2024-07-01 to 2025-02-19

DEVELOPMENTAL PATHWAYS HOUSING CORP III, founded in 2006, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.9M, a strong 86% operating margin.

Mission

TO PROVIDE DEVELOPMENTALLY DISABLED ADULTS WITH A HOUSING FACILITY SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.

Program Service Accomplishments

Program 1
Expenses: $313,738

OPERATION OF RESIDENTIAL FACILITIES FOR DEVELOPMENTALLY DISABLED ADULTS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,199,533
Other Revenue $0
TOTAL REVENUE $2,199,533

Expense Breakdown

Grants Paid $97,610
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $313,738
Other Expenses $216,128
TOTAL EXPENSES $313,738

Year-over-Year Comparison

2024 2023 Change
Revenue $2,199,533 $-91,575 -25.0%
Expenses $313,738 $75,406 +3.2%
Net Income $1,885,795 $-166,981 -12.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$311,720
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESA STELLKE PRESIDENT 0.10
Officer Director
$0 $0 $0
TIM MOORE VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
JIM BRENNAN SECRETARY 0.10
Officer Director
$0 $0 $0
LISA CORNACCHIA TREASURER 0.10
Officer Director
$0 $0 $0
BILL HARMON DIRECTOR 0.10
Director
$0 $0 $0
MICHAEL GREENEMIER DIRECTOR 0.10
Director
$0 $0 $0
ALEXA LANPHER EXECUTIVE DIRECTOR 0.30
Officer
$0 $27,298 $185,402
PAUL VILLAMARIA CHIEF FINANCIAL OFFICER 0.30
Officer
$0 $16,995 $126,318
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,199,533 $313,738 No data $1,885,795
2024 $-91,575 $75,406 $2,071,935 $-166,981
2023 $-3,786,813 $138,366 $2,138,733 $-3,925,179
2022 $114,291 $165,333 $2,250,707 $-51,042
2021 $148,269 $177,509 $2,302,166 $-29,240
2020 $129,171 $175,211 $2,370,376 $-46,040
2019 $139,553 $166,466 $2,417,772 $-26,913
2018 $153,042 $168,501 $2,445,349 $-15,459
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