ARIZONA HOUSING INC

EIN: 860811431 501(c)(3) Housing & Shelter

PHOENIX, AZ

Total Revenue
$4,855,983
Total Expenses
$5,550,866
Total Assets
$28,259,656
Net Assets
$12,935,634
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
AZ
Principal Officer
AMY PFEIFER
Phone
6024184994
Tax Period
2024-01-01 to 2024-12-31

ARIZONA HOUSING INC, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $4.9M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $5.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE MISSION OF ARIZONA HOUSING, INC. (AHI) IS TO ASSIST INDIVIDUALS AND FAMILIES IN ATTAINING SELF-SUFFICIENCY THROUGH THE PROVISION OF DIGNIFIED, COMPREHENSIVE HOUSING AND SERVICES. FOUNDED IN 1995, AHI WORKS TO ENSURE EVERYONE HAS A PLACE TO CALL HOME.

Program Service Accomplishments

Program 1
Expenses: $4,589,272 Revenue: $3,863,109

AHI PROVIDES PERMANENT SUPPORTIVE HOUSINGCOMBINING AFFORDABLE HOUSING WITH CASE MANAGEMENT AND SUPPORTIVE SERVICES TO ADDRESS THE NEEDS OF EXTREMELY LOW-INCOME INDIVIDUALS, INCLUDING THOSE WHO WERE...

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AHI PROVIDES PERMANENT SUPPORTIVE HOUSINGCOMBINING AFFORDABLE HOUSING WITH CASE MANAGEMENT AND SUPPORTIVE SERVICES TO ADDRESS THE NEEDS OF EXTREMELY LOW-INCOME INDIVIDUALS, INCLUDING THOSE WHO WERE PREVIOUSLY CHRONICALLY HOMELESS AND LIVING ON THE STREETS. EACH YEAR, MORE THAN 700 MEN, WOMEN, AND CHILDREN WHO PREVIOUSLY EXPERIENCED HOMELESSNESS, HAVE A SAFE AND AFFORDABLE HOME WITH ACCESS TO SUPPORTIVE SERVICES TO ACHIEVE HOUSING STABILITY. OUR RESIDENTIAL PROPERTIES INCLUDE: COLLINS COURT 80 UNITS 10421 NORTH 33RD AVE., PHOENIX, AZ 85051 67 STUDIO AND 13 ONE-BEDROOM APARTMENTS. 209 WEST JACKSON 297 UNITS 209 WEST JACKSON ST. PHOENIX, AZ 85003 297 FULLY FURNISHED STUDIO APARTMENTS. THE FRONT OFFICE IS STAFFED 24/7 AND INCLUDES A BUSINESS CENTER, MINI-MART, LIBRARY AND COMMUNITY ROOM. NORTH 17 72 UNITS 9601 NORTH 17TH AVE. PHOENIX, AZ 85021 6 ONE-BEDROOM AND 36 TWO-BEDROOM APARTMENTS. ALSO OFFERED IS A SHADED PLAYGROUND AND AFTERSCHOOL PROGRAMS. ENCORE ON NORTHERN 77 UNITS 2233 WEST NORTHERN AVE. PHOENIX, AZ 85021 IN PARTNERSHIP WITH WESCAP INVESTMENTS, INC. HAS 77 ONE-BEDROOM APARTMENTS WITH 30 UNITS RESERVED FOR FORMERLY CHRONICALLY HOMELESS INDIVIDUALS, WITH A PREFERENCE FOR VETERANS. HORACE STEELE COMMONS 90 UNITS 1735 GRAND AVE., PHOENIX, AZ 85007 90 APARTMENTS AND INCLUDES A BUSINESS CENTER, LIBRARY AND TV ROOM. 2900 EAST VAN BUREN THIS IS A 50 UNIT MOTEL BEING CONVERTED TO SINGLE ROOM OCCUPANCY HOUSING WITH A PREFERENCE FOR SENIORS AND VETERANS. CONSTRUCTION ESTIMATED TO BE COMPLETE DECEMBER 2024.

Program 2
Expenses: $11,996 Revenue: $178,260

AHI OWNS AND RENTS A FACILITY TO A NON-PROFIT FOR USE AS AN EMERGENCY SHELTER WITH SUPPORTIVE SERVICES THAT SERVES HOMELESS FAMILIES. SERVICES INCLUDE CASE MANAGEMENT, ACCESS TO BED, SHOWERS, FOOD...

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AHI OWNS AND RENTS A FACILITY TO A NON-PROFIT FOR USE AS AN EMERGENCY SHELTER WITH SUPPORTIVE SERVICES THAT SERVES HOMELESS FAMILIES. SERVICES INCLUDE CASE MANAGEMENT, ACCESS TO BED, SHOWERS, FOOD, CLOTHING AND HYGIENE ITEMS AT NO COST TO THE RECIPIENTS. VISTA COLINA HAS 12 ONE BEDROOM AND 18 TWO BEDROOM UNITS

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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 $534,778
Program Service Revenue $4,041,369
Investment Income $79,948
Other Revenue $199,888
TOTAL REVENUE $4,855,983

Expense Breakdown

Grants Paid $0
Salaries & Benefits $656,043
Fundraising Expenses $102,140
Program Expenses $4,601,268
Other Expenses $4,894,823
TOTAL EXPENSES $5,550,866

Year-over-Year Comparison

2024 2023 Change
Revenue $4,855,983 $6,655,004 -0.3%
Expenses $5,550,866 $5,606,029 0.0%
Net Income $-694,883 $1,048,975 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
14
Volunteers
N/A

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
5
$187,106
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTINE WETHERINGTON INTERIM CEO THROUGH JULY 24 40.00
Officer
$129,317 $9,168 $138,485
AMY PFEIFER CEO 40.00
Officer
$48,621 $0 $48,621
HOWARD C EPSTEIN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BETSY GANZ SECRETARY 4.00
Officer Director
$0 $0 $0
TERRY GODDARD DIRECTOR 1.00
Director
$0 $0 $0
GUY MIKKELSEN DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS TYMINS BOARD PRESIDENT 2.00
Officer Director
$0 $0 $0
MICHAEL KURTENBACH DIRECTOR 1.00
Director
$0 $0 $0
JODI SHEAHAN DIRCTOR 2.00
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
2024 $6,306,710 $5,550,866 $28,259,656 $755,844
2024 $4,855,983 $5,550,866 $28,259,656 $-694,883
2023 $6,655,004 $5,606,029 $28,147,660 $1,048,975
2022 $16,017,605 $5,045,449 $27,044,204 $10,972,156
2021 $4,520,465 $4,759,644 $14,700,281 $-239,179
2020 $3,724,119 $4,195,294 $15,313,221 $-471,175
2019 $3,297,274 $4,021,289 $15,365,002 $-724,015
2018 $4,456,443 $4,825,748 $16,425,735 $-369,305
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