GRECCIO HOUSING UNLIMITED INC

EIN: 841158819 501(c)(3) Housing & Shelter

COLORADO SPRINGS, CO

Total Revenue
$6,704,927
Total Expenses
$6,303,098
Total Assets
$30,576,846
Net Assets
$4,583,160
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
CO
Principal Officer
R LEE PATKE
Phone
7194195607
Tax Period
2024-08-01 to 2025-07-31

GRECCIO HOUSING UNLIMITED INC, founded in 1990, is a community nonprofit in the Housing & Shelter sector that reported $6.7M in total revenue in fiscal year 2024. Expenses of $6.3M left a modest 6% surplus.

Mission

TO PROVIDE STABLE, SAFE, AND AFFORDABLE HOUSING TO OFFER RESOURCES FOR RESIDENTS TO ACHIEVE STABILITY AND TO PROMOTE SOLUTIONS TO THE AFFORDABLE HOUSING NEEDS IN OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $4,810,404 Revenue: $4,253,067

RENTAL AND PROPERTY MANAGEMENT - THE PRIMARY FOCUS OF OPERATIONS IS OUR AFFORDABLE HOUSING PROGRAM FOR INDIVIDUALS AND FAMILIES. WE ARE DEDICATED IN GUIDING APPLICANTS THROUGH ELIGIBILITY PROCESS FOR...

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RENTAL AND PROPERTY MANAGEMENT - THE PRIMARY FOCUS OF OPERATIONS IS OUR AFFORDABLE HOUSING PROGRAM FOR INDIVIDUALS AND FAMILIES. WE ARE DEDICATED IN GUIDING APPLICANTS THROUGH ELIGIBILITY PROCESS FOR AFFORDABLE HOUSING. MORE THAN 4/5 OF OUR RESIDENTS EARN 50% OR LESS OF AMI.

Program 2
Expenses: $835,791

RESOURCE & OPPORTUNITY CENTER - GREECIO TAKES AN INTEGRATED APPROACH TO HOUSING BY OFFERING OUR RESIDENTS ASSISTANCE FOR THEM TO ACHIEVE STABILITY AND SELF-SUFFICIENCY. SOME OF OUR RESOURCES INCLUDE...

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RESOURCE & OPPORTUNITY CENTER - GREECIO TAKES AN INTEGRATED APPROACH TO HOUSING BY OFFERING OUR RESIDENTS ASSISTANCE FOR THEM TO ACHIEVE STABILITY AND SELF-SUFFICIENCY. SOME OF OUR RESOURCES INCLUDE EVICTION PREVENTION, NO COST FOOD PANTRY, COMMUNITY GARDENS, EDUCATION SCHOLARSHIPS, FINANCIAL TRAINING AND VARIETY OF LITERACY PROGRAMS.

Program 3
Expenses: $261,119

PURCHASE AND REHABILITATION - WE BEGAN A MULTI-YEAR PRESERVATION EFFORT IN 2025 OF EXISTING PROPERTIES. REHABILITATION INCLUDED NUMEROUS EXTERIOR REPAIRS SUCH AS STUCCO, REPAINTING, GUTTERS, PRIVACY...

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PURCHASE AND REHABILITATION - WE BEGAN A MULTI-YEAR PRESERVATION EFFORT IN 2025 OF EXISTING PROPERTIES. REHABILITATION INCLUDED NUMEROUS EXTERIOR REPAIRS SUCH AS STUCCO, REPAINTING, GUTTERS, PRIVACY FENCE AND ROOF REPAIRS. INSIDE PROJECTS INCLUDED HIGH EFFICIENCY BOILERS, ATTIC AND PIPE INSULATION, LOW-FLOW FIXTURES AND LED LIGHTING. THIS YEAR WE STARTED AND CONTINUED FOUR NEW PROPERTIES.

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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 $2,414,320
Program Service Revenue $4,142,575
Investment Income $37,540
Other Revenue $110,492
TOTAL REVENUE $6,704,927

Expense Breakdown

Grants Paid $481,599
Salaries & Benefits $2,066,376
Fundraising Expenses $62,047
Program Expenses $5,907,314
Other Expenses $3,755,123
TOTAL EXPENSES $6,303,098

Year-over-Year Comparison

2024 2023 Change
Revenue $6,704,927 $6,579,511 +0.0%
Expenses $6,303,098 $5,558,560 +0.1%
Net Income $401,829 $1,020,951 -0.6%
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
9
Independent Members
9
Employees
47
Volunteers
220

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
$164,885
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TAMI ZAMBORELLI PRESIDENT 2.00
Officer Director
$0 $0 $0
JARIAH WALKER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KELLY FITZGERALD TREASURER 1.00
Officer Director
$0 $0 $0
TAMARA SAUNDERS SECRETARY 1.00
Officer Director
$0 $0 $0
DIANE MILLER IMMEDIATE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
TYRONE JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
DAVID NEVILLE DIRECTOR 1.00
Director
$0 $0 $0
THEA PLATT DIRECTOR 1.00
Director
$0 $0 $0
STEVE POSEY DIRECTOR 1.00
Director
$0 $0 $0
LEE PATKE EXECUTIVE DIRECTOR 40.00
Officer
$159,344 $5,541 $164,885
BRIAN BAKER SENIOR DIRECTOR OF OPERATIONS 40.00
Highest
$101,920 $3,057 $104,977
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 $6,704,927 $6,303,098 $30,576,846 $401,829
2024 $6,579,511 $5,558,560 $21,506,369 $1,020,951
2023 $4,879,767 $4,736,145 $20,340,788 $143,622
2022 $4,502,190 $4,214,498 $18,516,537 $287,692
2021 $4,361,169 $3,944,244 $17,205,501 $416,925
2020 $3,606,298 $3,368,632 $17,249,097 $237,666
2019 $3,402,558 $3,361,588 $15,352,932 $40,970
2018 $3,134,045 $3,199,065 $15,550,268 $-65,020
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