TRELLIS

EIN: 510152395 501(c)(3)

PHOENIX, AZ

Total Revenue
$5,097,340
Total Expenses
$2,996,685
Total Assets
$16,954,717
Net Assets
$13,634,634
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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
AZ
Principal Officer
BRENDA LOPEZ
Phone
6022581659
Tax Period
2024-01-01 to 2024-12-31

TRELLIS, founded in 1975, is a community nonprofit that reported $5.1M in total revenue in fiscal year 2024. The organization ran a surplus of $2.1M, a strong 41% operating margin.

Mission

TRELLIS IS DEDICATED TO MAKING STABLE HOMES AND COMMUNITIES POSSIBLE BY EDUCATING, BUILDING AND LENDING.

Program Service Accomplishments

Program 1
Expenses: $1,227,257 Revenue: $394,925

LOAN AND LENDING SERVICES - TRELLIS IS A LICENSED MORTGAGE BANKER IN THE STATE OF ARIZONA AND A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPROVED SECONDARY LENDER. TRELLIS ORIGINATES...

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LOAN AND LENDING SERVICES - TRELLIS IS A LICENSED MORTGAGE BANKER IN THE STATE OF ARIZONA AND A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) APPROVED SECONDARY LENDER. TRELLIS ORIGINATES AND SERVICES FIRST AND SECOND MORTGAGE LOANS AND DOWN PAYMENT/CLOSING COST ASSISTANCE. TRELLIS DEVELOPS AND/OR ADMINISTERS SPECIAL MORTGAGE PROGRAMS DESIGNED TO MEET THE CREDIT NEEDS OF ALL BORROWERS, PARTICULARLY LOW-TO-MODERATE INCOME BORROWERS. LOAN TERMS MAY VARY FROM CONVENTIONAL INTEREST-BEARING, FULLY-AMORTIZING LOANS TO FULLY-FORGIVABLE LOANS THAT SUBSIDIZE HOME PURCHASES.

Program 2
Expenses: $279,702 Revenue: $438,798

AFFORDABLE HOME DEVELOPMENT - THROUGH ITS AFFILIATE MISSION HOUSING LLC, TRELLIS PARTNERED IN A LOW-INCOME HOUSING TAX CREDIT PROJECT TO BUILD AND LEASE 42 TOWNHOMES IN NORTH-CENTRAL PHOENIX...

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AFFORDABLE HOME DEVELOPMENT - THROUGH ITS AFFILIATE MISSION HOUSING LLC, TRELLIS PARTNERED IN A LOW-INCOME HOUSING TAX CREDIT PROJECT TO BUILD AND LEASE 42 TOWNHOMES IN NORTH-CENTRAL PHOENIX. AFFORDABLE HOME DEVELOPMENT ALSO INCLUDES THE ACTIVITIES OF TRELLIS REALTY, LLC WHICH ACTS AS A BROKER TO SELL PROPERTIES DEVELOPED AND OWNED BY TRELLIS; ASSISTS CLIENTS IN SELLING AND PURCHASING PROPERTIES NOT OWNED BY TRELLIS; AND LIST PROPERTIES OWNED BY THE CITY OF PHOENIX FOR SALE TO FIRST-TIME HOMEBUYERS.

Program 3
Expenses: $432,980 Revenue: $391,418

HOMEBUYER EDUCATION, COUNSELING AND FINANCIAL COACHING - TRELLIS OFFERS ONE-ON-ONE AND PRE- AND POST-PURCHASE HOUSING COUNSELING AND FINANCIAL COACHING; HOMEBUYER EDUCATION ONSITE AND ONLINE; AND...

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HOMEBUYER EDUCATION, COUNSELING AND FINANCIAL COACHING - TRELLIS OFFERS ONE-ON-ONE AND PRE- AND POST-PURCHASE HOUSING COUNSELING AND FINANCIAL COACHING; HOMEBUYER EDUCATION ONSITE AND ONLINE; AND CREDIT AND MONEY MANAGEMENT WORKSHOPS IN BOTH ENGLISH AND SPANISH. TRELLIS VOLUNTARILY ADOPTED THE NATIONAL INDUSTRY STANDARDS FOR HOMEOWNERSHIP AND COUNSELING WHICH ESTABLISHES STANDARDS FOR EDUCATION AND COUNSELING SERVICES AND SETS AGENCY TRAINING STANDARDS. TRELLIS HAS THREE HOUSING COUNSELORS WHO MEET THE EXPANDED DODD-FRANK HUD COUNSELOR CERTIFICATION.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,741,314
Program Service Revenue $899,647
Investment Income $72,960
Other Revenue $383,419
TOTAL REVENUE $5,097,340

Expense Breakdown

Grants Paid $220,000
Salaries & Benefits $1,602,331
Fundraising Expenses $70,391
Program Expenses $2,087,230
Other Expenses $1,174,354
TOTAL EXPENSES $2,996,685

Year-over-Year Comparison

2024 2023 Change
Revenue $5,097,340 $5,088,692 +0.0%
Expenses $2,996,685 $3,217,286 -0.1%
Net Income $2,100,655 $1,871,406 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
26
Volunteers
30

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
4
$227,958
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BUSCHING MARCIA CHAIR 1.00
Officer Director
$0 $0 $0
MILLER JAMESON VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAMES ABRAHAM B III DIRECTOR 1.00
Director
$0 $0 $0
SPENCER GINGER DIRECTOR 1.00
Director
$0 $0 $0
ROMERO MICHAEL DIRECTOR 1.00
Director
$0 $0 $0
THOMAS KATIE DIRECTOR (THRU JULY 2024) 1.00
Director
$0 $0 $0
SCHEEL BILL DIRECTOR 1.00
Director
$0 $0 $0
CHAVES PEDRO DIRECTOR 1.00
Director
$0 $0 $0
GARCIA FABIO DIRECTOR 1.00
Director
$0 $0 $0
BUTLER REID DIRECTOR 1.00
Director
$0 $0 $0
TOWNSEND FELICIA DIRECTOR 1.00
Director
$0 $0 $0
DARTEZ KIM DIRECTOR 1.00
Director
$0 $0 $0
DOMBEK RALEIGH DIRECTOR 1.00
Director
$0 $0 $0
ORTEGA KRISTOPHER DIRECTOR 1.00
Director
$0 $0 $0
GAVIN LAYA DIRECTOR 1.00
Director
$0 $0 $0
VAN DER VEEN KIM DIRECTOR 1.00
Director
$0 $0 $0
GOLBERG TRIXIEANN CEO (THRU JULY 2024) 35.00
Officer
$101,229 $5,027 $106,256
LOPEZ BRENDA INTERIM CEO 35.00
Officer
$118,199 $3,503 $121,702
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
2024 $5,097,340 $2,996,685 $16,954,717 $2,100,655
2023 $5,088,692 $3,217,286 $15,351,726 $1,871,406
2022 $2,874,307 $2,986,394 $15,452,926 $-112,087
2021 $6,814,482 $7,955,567 $12,864,711 $-1,141,085
2020 $6,000,326 $5,025,469 $14,366,435 $974,857
2019 $2,827,437 $2,954,541 $13,421,745 $-127,104
2018 $2,055,548 $1,731,040 $12,833,711 $324,508
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