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Glenn-Verde Housing Inc

Tucson, AZ · EIN 272145525 · Form 990 · FY2021 · NTEE L20 · Housing & Shelter · Small ($100K-$1M) · www.publichousing.com
revenue
$180K
expenses
$206K
net assets
$-688K
employees
0
volunteers
19
program ratio
89%
mission · from form 990

To construct and operate a 24-unit multi-family housing project for low-income persons in Tucson, Arizona under the requirements of the Housing and Economic and Recovery Act (HERA) of 2008 administered by the Arizona Department of Housing("ADOH".

profile · synthesized from sources

Glenn-Verde Housing Inc operates Glenn Verde Apartments, a 24-unit affordable housing community in Tucson, Arizona for low-income individuals. The property is developed and managed under the requirements of the Housing and Economic Recovery Act (HERA) of 2008 with support from the Arizona Department of Housing. Amenities include in-unit washer/dryers, dishwasher, and utilities included in rent.

named programs · 1 · from sources

what they call their work

Glenn Verde Apartments
24-unit affordable housing community offering rental units with in-unit washer/dryer, dishwasher, individually controlled heating and cooling, and brick-walled yards; serves low-income residents in Tucson, AZ
activities · 2 clusters

what they do

  • Affordable Housing Information & Counseling 4 activities
    • Provision of low-income housing resources and guidance
      Provides a guide to finding low-income housing, including eligibility information, search tips, and a list of local housing options. Also maintains a blog and a directory of low-income housing agencies and related resources to support housing seekers.
    • Provision of low-income housing resources and guidance
      Provides informational resources to support access to affordable housing, including a guide on how to find and qualify for low-income housing, a directory of housing agencies, and a blog with articles on applying for Section 8, finding affordable units, and negotiating rent.
    • Provision of low-income housing resources and guidance
      Provides public-facing resources to support access to low-income housing, including a guide on how to qualify and search for affordable housing, a directory of local housing agencies, and a blog with articles on applying for Section 8, finding housing, and rent negotiation.
    • Provision of low-income housing resources and guidance
      Provides a guide to finding low-income housing, including qualification criteria, search tips, and listings of local apartments; maintains a directory of low-income housing agencies and related resources; and publishes a blog with articles on topics such as applying for Section 8, finding affordable housing, and rent negotiation.
  • Uncategorized 4 activities
    • Operation of affordable housing apartment communities
      Operates multiple federally subsidized low-income housing apartment communities in Tucson, AZ, including units for families and seniors, with on-site amenities such as 24-hour emergency maintenance, community gardens, and in-unit washer/dryers. Accepts Section 8 housing vouchers.
    • Operation of affordable housing communities
      Operates multiple federally subsidized low-income apartment communities in Tucson, AZ, including units for families and seniors, with on-site amenities such as 24-hour emergency maintenance, community gardens, and in-unit washer/dryers. Accepts Section 8 housing vouchers.
    • Operation of low-income housing apartment communities
      Operates federally subsidized low-income apartment units for families and seniors in Tucson, AZ, including Council House Apartments. Properties offer on-site amenities such as 24-hour emergency maintenance, community gardens, and in-unit washer/dryers, and accept Section 8 housing vouchers.
    • Operation of low-income housing apartment communities
      Operates federally subsidized low-income housing apartment communities in Tucson, AZ, including units for families and seniors, with on-site amenities such as 24-hour emergency maintenance, community gardens, and in-unit washer/dryers. Accepts Section 8 housing vouchers.
financials · form 990 · fy2021

the money

revenue
Total revenue$180K
Contributions & grants$00%
Program service revenue$176K98%
Investment income$360%
Other revenue$4K
expenses
Total expenses$206K
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.35M
Cash$189K
Investments$0
Liabilities$3.04M
Net assets$-688K
Liquid reserves11.0 mo
3 years on record · 2019–2021 · YoY revenue +6.8%
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 3
NameTitleHours/wkCompensation
Daniel Ranieri President/CEO 1 $488K
Michael Prudence Vice Pres/CFO 1 $265K
Kathy Wells Vice Pres/COO 1 $251K
board members · 19
  • Alfonso Dancil — Member-at-Large
  • Autumn Rentmeester — Member-at-Large
  • Celestino Fernandez — Member-at-Large
  • Colleen McDonald — Member-at-Large
  • Craig Doyle — Member-at-Large
  • Gerry Beal — Chair
  • James Abbott — Member-at-Large
  • John Duval — Treasurer
  • John Strader — Vice Chair
  • Jonathan Rothschild — Member-at-Large
  • Lois Bloom — Member-at-Large
  • Michael Riordan — Member-at-Large
  • Pam Crim — Secretary
  • Patrick O'Hagin — Member-at-Large
  • Rob Jones — Member-at-Large
  • Robert Hite — Member-at-Large
  • Stephanie Healy — Member-at-Large
  • Suzan Costich — Immediate Past Chair
  • Tehjan Prendiville — Member-at-Large
relationships · 5

who they work with

  • Department of Housing and Urban Development Government — Follows HUD's annually updated area median income (AMI) standards for eligibility determination.
  • Department of Housing and Urban Development Government — Follows HUD's area median income guidelines for eligibility determination.
  • HUD (Housing and Urban Development Division) Government — Council House Apartments is subsidized by HUD.
  • Housing and Urban Development Division Government — Federally subsidizes the low-income housing apartments at Shadow Pines Apartments.
  • Section 8 Government — Accepts Section 8 housing vouchers as part of rental payment.