THE BROADWAY HOUSE CORPORATION C/O BILTMORE PROPERTIES INC

EIN: 860271216 501(c)(3)

PHOENIX, AZ

Total Revenue
$1,152,356
Total Expenses
$998,149
Total Assets
$1,787,093
Net Assets
$745,792
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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
AZ
Principal Officer
DR WARREN H STEWART SR
Phone
6029970013
Tax Period
2023-07-01 to 2024-06-30

THE BROADWAY HOUSE CORPORATION C/O BILTMORE PROPERTIES INC, founded in 1971, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Expenses of $998K left a modest 13% surplus.

Mission

NONE

Program Service Accomplishments

Program 1
Expenses: $843,953 Revenue: $1,148,465

THIS ORGANIZATION PROVIDED AFFORDABLE HOUSING TO LOW-INCOME FAMILIES AND DISABLED PERSONS THROUGH THE OPERATION OF AN 80-UNIT MULTI-FAMILY COMPLEX IN PHOENIX, ARIZONA. DURING THEIR FISCAL YEAR, THE...

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THIS ORGANIZATION PROVIDED AFFORDABLE HOUSING TO LOW-INCOME FAMILIES AND DISABLED PERSONS THROUGH THE OPERATION OF AN 80-UNIT MULTI-FAMILY COMPLEX IN PHOENIX, ARIZONA. DURING THEIR FISCAL YEAR, THE ORGANIZATION SERVED 188 RESIDENTS: 32% UNDER 18, 48% AGED 18-61, 19% AGED 62-81 AND 1% AGED 82-95. IN ADDITION TO PROVIDING DECENT, SAFE, SANITARY AND AFFORDABLE HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS WITH DISABILITIES, THIS PROJECT EMPLOYS A FULL-TIME SERVICE COORDINATOR. THE SERVICE COORDINATOR IS A VALUABLE RESOURCE PERSON IN THIS COMMUNITY WHO ASSISTED YOUTH AND ADULT/SENIOR RESIDENTS IN THE PROJECT'S NEIGHBORHOOD NETWORK (COMPUTER) CENTER. IN 2023-24 THE SERVICE COORDINATOR ASSISTED CHILDREN AND YOUTH WITH HOMEWORK HELP, SCHOOL/TEACHER INTERVENTION, TUTOR/MENTORING, (CONT'D ON SCH O)LIFE-SKILLS, AND VOLUNTEER AND SCHOLARSHIP OPPORTUNITIES. ADULT RESIDENTS BENEFITED FROM ASSISTANCE WITH: ADVOCACY, CASE MANAGEMENT, GED STUDY/TESTING SUPPORT, COMPUTER ASSISTANCE, JOB SEARCH/RESUME WRITING/INTERVIEWING HELP, PARENTING CLASSES, PEER COUNSELING, CRISIS COUNSELING, EMERGENCY FOOD/UTILITIES/RENTAL ASSISTANCE, APPLICATION/BENEFITS ASSISTANCE, SUBSTANCE ABUSE COUNSELING, INSURANCE/HEALTHCARE REFERRALS, TRANSPORTATION AND EXERCISE AND WELLNESS. ONGOING SCHEDULED MONTHLY ACTIVITIES INCLUDED: ARTS AND CRAFTS, CREATIVE WRITING, HOMEWORK HELP, CHESS CLUB, BINGO, TECH DAYS, AND COMMUNITY WELLNESS.THE SERVICE COORDINATOR PUBLISHED A MONTHLY NEWSLETTER WITH MANY HELPFUL RESOURCES (INCLUDING: SCHOOL AND CHILDCARE RESOURCES, EMERGENCY AND JOB RESOURCES, MEDICAL AND DENTAL RESOURCES, FOOD RESOURCES) FOR RESIDENT SELF-REFERRALS. THE SERVICE COORDINATOR PARTNERED WITH DIANA GREGORY OUTREACH SERVICES/GREGORY'S FRESH MARKET WHO PROVIDED MONTHLY DELIVERY OF FRESH FRUITS AND VEGETABLES FOR RESIDENTS AT BROADWAY HOUSE. BROADWAY HOUSE APARTMENTS DOES NOT DISCRIMINATE ON THE BASIS OF RACE, COLOR, RELIGION, SEX, FAMILIAL STATUS, DISABILITY OR NATIONAL ORIGIN. LANGUAGE ASSISTANCE IS AVAILABLE FOR THOSE WHO ARE LIMITED IN THEIR ENGLISH PROFICIENCY (LEP).

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,148,465
Investment Income $3,891
Other Revenue $0
TOTAL REVENUE $1,152,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,557
Fundraising Expenses $0
Program Expenses $843,953
Other Expenses $808,592
TOTAL EXPENSES $998,149

Year-over-Year Comparison

2023 2022 Change
Revenue $1,152,356 $1,117,628 +0.0%
Expenses $998,149 $976,998 +0.0%
Net Income $154,207 $140,630 +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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR WARREN STEWART SR CHAIRPERSON 0.30
Officer Director
$0 $0 $0
RALPH D THOMPSON II VICE CHAIR 0.30
Officer Director
$0 $0 $0
DEBORAH A LONG SECRETARY 0.30
Officer Director
$0 $0 $0
WINSTON C LYONS DIRECTOR 0.30
Director
$0 $0 $0
DR LOTTIE LECIAN DIRECTOR 0.30
Director
$0 $0 $0
CHARMAINE WOODS DIRECTOR 0.30
Director
$0 $0 $0
FLORENCE WILHIGHT DIRECTOR 0.30
Director
$0 $0 $0
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 No data No data No data No data
2024 $1,152,356 $998,149 $1,787,093 $154,207
2023 $1,117,628 $976,998 $1,679,753 $140,630
2022 $1,076,506 $939,474 $1,547,650 $137,032
2021 $1,051,959 $896,123 $1,430,885 $155,836
2020 $1,013,051 $870,171 $1,336,753 $142,880
2019 $997,047 $898,444 $1,205,616 $98,603
2018 $991,303 $984,850 $1,134,202 $6,453
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