Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year
(or fiscal year beginning in)
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(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 1,586,022 | 2,895,325 | 2,045,560 | 2,551,089 | 3,053,072 | 12,131,068 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | 1,586,022 | 2,895,325 | 2,045,560 | 2,551,089 | 3,053,072 | 12,131,068 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 532,509 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 11,598,559 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 1,586,022 | 2,895,325 | 2,045,560 | 2,551,089 | 3,053,072 | 12,131,068 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 29,561 | 21,551 | 20,805 | 63,170 | 86,070 | 221,157 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 104,780 | 116,363 | 116,698 | 6,912 | 344,753 | |
| 11 | Total support. Add lines 7 through 10 | 12,711,207 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2018 | (b) 2019 | (c) 2020 | (d) 2021 | (e) 2022 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2022 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2022 |
(iii) Distributable Amount for 2022 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2022 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2022 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2022: | ||||
| a From 2017....... | ||||
| b From 2018....... | ||||
| c From 2019....... | ||||
| d From 2020....... | ||||
| e From 2021....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2022 distributable amount | ||||
|
i
Carryover from 2017 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2022 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2022 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2022, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2022. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
7 Excess distributions carryover to 2023. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2018..... | ||||
| b Excess from 2019..... | ||||
| c Excess from 2020..... | ||||
| d Excess from 2021..... | ||||
| e Excess from 2022..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|---|
| SUPPORTING SCHEDULE | HOPE SPRINGS LAND 8,820,000 HOPE SPRINGS FUNDING 2,000,000 |
| PART II, LINE 10 | OTHER REVENUE 239,479 IMPUTED MORTGAGE INTEREST 98,362 |
| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4A | IN 2023, GAHFH BEGAN DEVELOPMENT OF HOPE SPRINGS, A LARGE-SCALE AFFORDABLE HOUSING MIX-PRODUCT COMMUNITY WITH THE CITY OF GREELEY AND GAHFH PRIVATE- SECTOR PARTNERS, RICHMARK. HOPE SPRINGS WILL PROVIDE 491 UNITS OF AFFORDABLE AND MIXED-RATE HOUSING TO THE CITY. HOPE SPRINGS IS AN INNOVATIVE, CLIMATE-FRIENDLY PARTNERSHIP COMMUNITY, WHOSE MODEL HAS ATTRACTED NATIONAL ATTENTION. HOPE SPRINGS IS A COLLABORATION OF PRIVATE SECTOR, NONPROFIT, FEDERAL, STATE, AND LOCAL GOVERNMENTS DELIVERING A 40- ACRE, 491-UNIT, MIXED-PRODUCT, AFFORDABLE COMMUNITY WITH AMENITIES, INCLUDING AN ONSITE CHILDCARE CENTER. THIS PROJECT RECEIVED UNANIMOUS APPROVAL FROM THE GREELEY CITY COUNCIL IN JULY AND AUGUST OF 2022. INFRASTRUCTURE FOR THE DEVELOPMENT WILL BEGIN IN LATE SPRING 2023. MULTIPLE MAJOR DONORS ARE INVESTING IN THE HOPE SPRINGS DEVELOPMENT. RICHMARK COMPANIES DONATED THE LAND AND WATER FOR THE GAHFH DEVELOPMENT, VALUED AT 8,860 MILLION. OTHER CRUCIALLY IMPORTANT INVESTMENTS ARE BEING PLEDGED BY U.S. SENATOR HICKENLOOPER, WHO HAS AWARDED 2.577 MILLION TO THE HOPE SPRINGS PROJECT THROUGH HIS CONGRESSIONAL DISTRICT SPENDING BUDGET. JBS INVESTED 2 MILLION, THE CITY OF GREELEY AND GAHFH WERE AWARDED A HIGHLY COMPETITIVE 990,00 DOLA CATALYST GRANT, AND WAS AWARDED ANOTHER DOLA TRANSFORMATIONAL GRANT FOR 3 MILLION FOR CIVIL INFRASTRUCTURE COSTS. A NUMBER OF OTHER PRIVATE COMMUNITY INVESTORS ARE HELPING TO MAKE HOPE SPRINGS AN ATTAINABLE COMMUNITY DEVELOPMENT MODEL THAT CAN BE REPLICATED ACROSS THE NATION. GAHFH WILL REINVEST 68,000,000 IN NEW INFRASTRUCTURE AND CONSTRUCTION DOLLARS UPON BUILD OUT. IN THE FALL OF 2023, GAHFH, IN PARTNERSHIP WITH WELD COUNTY AND ROCHE CONSTRUCTORS, BEGAN BUILDING A SENIOR CENTER IN HILL N' PARK, A FIRST STEP IN THE REVITALIZATION OF A BLIGHTED AND UNDERSERVED COMMUNITY. GAHFH WAS AWARDED A 1 MILLION CDBG-DR GRANT FROM THE STATE IN 2019. THIS GRANT FUNDED AN INNOVATIVE DEVELOPMENT AND PARTNERSHIP THAT WILL SERVE A COMMUNITY THAT WAS SEVERELY UNDERSERVED AFTER LOSING OVER 200 AFFORDABLE HOMES IN THE 2013 FLOOD. WITH THE AWARDED DISASTER RELIEF FUNDS, GAHFH PARTNERED WITH FOR-PROFIT AFFORDABLE HOUSING DEVELOPER COMMONWEALTH, THE 7TH LARGEST AFFORDABLE HOUSING DEVELOPER IN THE NATION AND LONG-TERM OPERATOR OF MULTI-DENSITY AFFORDABLE RENTAL PROJECTS, TO CREATE THE MISSION SPRINGS DEVELOPMENT. MISSION SPRINGS IS A COMBINATION OF 27 SINGLE FAMILY AND PAIRED HOMES BUILT BY GAHFH TO PROVIDE HOMEOWNERSHIP OPPORTUNITIES FOR HABITAT FAMILIES, MISSION HOMESTEAD, AND 68 AFFORDABLE TOWN HOMES AND COTTAGE RENTALS BUILT BY COMMONWEALTH, MISSION VILLAGE. THIS DEVELOPMENT WILL REPLACE NEARLY HALF OF THE UNITS THAT EVANS, COLORADO, LOST DURING THE SEVERE FLOODS OF 2013. GAHFH COMPLETED 22 HOMES IN MISSION HOMESTEAD IN 2021, INCLUDING THE AFFILIATES FIRST DUPLEXES, ADA COMPLIANT UNITS AND THE FIRST NATURAL GAS AND RENEWALBLE ENERGY ZERO NET ENERGY HOME, WITH A HERS SCORE OF -6 IN PARTNERSHIP WITH ATMOS ENERGY AND THE SCHLESSMAN FAMILY FOUNDATION. IN 2022, CONSTRUCTION ON 10 MORE HOMES BEGAN AND OR WAS COMPLETED. ALL HOMES IN THIS DEVELOPMENT HAVE BEEN BUILT IN PARTNERSHIP WITH OUR JEFFERSON HIGH SCHOOL CONSTRUCTION PATHWAY STUDENTS IN YEAR 6 OF THE INNOVATIVE WORKFORCE DEVELOPMENT PROGRAM. IN 2020, GAHFH WAS ABLE TO COMPLETE CONSTRUCTION ON CRESTVIEW, A FOURTEEN HOME DEVELOPMENT IN GREELEY. ALL OF THE HOMES IN CRESTVIEW WERE ALSO BUILT IN PARTNERSHIP WITH OUR JEFFERSON HIGH SCHOOL CONSTRUCTION PATHWAY PROGRAM, ALLOWING AT-RISK YOUTH THE OPPORTUNITY TO LEARN HIGH IN DEMAND TRADE SKILLS ON AN ACTIVE JOB SITE WHILE EARNING UP TO 27 COLLEGE CREDITS. UPON THE COMPLETION OF CRESTVIEW, GAHFH BEGAN CONSTRUCTION ON NORTHVIEW, A DEVELOPMENT THAT WILL BRING 12 UNITS OF AFFORDABLE HOUSING TO THE GREELEY AREA. THE FIRST 2 HOMES WERE COMPLETED IN 2021. AN ADDITIONAL 6 UNITS BEGAN AND OR WERE COMPLETE IN 2022. |
| FORM 990, PAGE 2, PART III, LINE 4B | THE GAHFH RESTORE IS CONTINUING TO GROW AND IS NOT FAR FROM ITS GOAL OF BECOMING A 1,000,000 STORE. IN 2023, IN 2022, THE RESTORE MOVED TO A NEW LOCATION AT THE GREELEY MALL, ADDING AN ADDITIONAL 10,000 SQ. FT. AND CONSOLIDATING OUR ADMINISTRATIVE OFFICES, MOVING THEM TO THE NEW LOCATION. THE RESTORE IS A UNIQUE RETAIL OUTFIT THAT OBTAINS DONATED HOME CONSTRUCTION/RENOVATION MATERIAL DONATIONS; DONATIONS ARE THEN SOLD TO GENERAL PUBLIC. PROFIT FROM THE RESTORE PROVIDES GENERAL OPERATING SUPPORT TO THE OVERALL ORGANIZATION. THE RESTORE PROVIDES VALUABLE SERVICES FOR DONORS AND PATRONS ALIKE. FOR DONORS, IN-KIND CONTRIBUTIONS ARE TAX DEDUCTIBLE TO THE EXTENT ALLOWED BY LAW AND PATRONS RECEIVE QUALITY MERCHANDISE AT AN AFFORDABLE PRICE. LIKEWISE, THE RESTORE OPERATION PROVIDES A VALUABLE SERVICE FOR THE OVERALL COMMUNITY AND THE ENVIRONMENT BY EFFECTIVELY REDUCING LANDFILL WASTE BY THROUGH THE ENCOURAGEMENT OF REUSE AND REPURPOSE, AND ALSO THROUGH THE RESTORE CARDBOARD/METAL/ELECTRONIC RECYCLING PROGRAM. ANNUALLY, THE RESTORE SAVES APPROXIMATELY 1,000,000 POUNDS OF WASTE FROM REACHING THE LOCAL LANDFILL. |
| FORM 990, PAGE 2, PART III, LINE 4C | THE FAMILY SERVICES PROGRAM IS COMPRISED OF PROGRAMS AND PRACTICES DESIGNED TO PROVIDE APPLICANTS AND APPROVED HOMEOWNERS WITH THE SKILLS AND SUPPORT THEY NEED TO PROSPER AS LONG-TERM HOMEOWNERS. SUPPORT SERVICES ARE MULTIFACETED AND BEGIN WITH A CONSULTATION WITH THE GAHFH FAMILY SERVICES ASSOCIATE. APPROVED APPLICANTS ARE PAIRED WITH A FAMILY SUPPORT COMMITTEE VOLUNTEER WHO WORK ALONGSIDE THE PARTNER FAMILY THROUGHOUT THE HOMEBUILDING AND CLOSING PROCESSES. SAID VOLUNTEERS WORK WITH THE PARTNER FAMILY TO COMPLETE A SERIES OF SIX WRITTEN LESSONS INCLUDING: OWNERSHIP VS. RENTAL OCCUPANCY, FINANCIAL PLANNING, PROTECTION OF THE INVESTMENT VALUE OF THE HOME, HOMEOWNER'S INSURANCE, EQUITY BUILDING AND INCOME TAX RESPONSIBILITY, AND "YOUR MORTGAGE." IN ADDITION TO THE LESSONS COMPLETED WITH THE FAMILY SUPPORT VOLUNTEER, APPROVED APPLICANTS ARE REQUIRED TO COMPLETE A SERIES OF GROUP WORKSHOPS PRIOR TO CLOSING ON THEIR HOME. GROUP WORKSHOPS INCLUDE: LANDSCAPING, CITY CODES, COVENANTS, HOMEOWNER'S INSURANCE (WORKSHOP), AND HOA. IN 2021, GAHFH HIRED A FAMILY SERVICES SPECIALIST, A HUD CERTIFIED HOUSING COUSELOR, ALLOWING US TO ACCEPT APPLICATIONS YEAR-ROUND. IN GAHFH'S 35-YEAR HISTORY, THERE HAS ONLY BEEN ONE FORECLOSURE, A TESTAMENT TO GAHFH SUCCESSFULLY PREPARING ITS PARTNERS FOR HOMEOWNERSHIP. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FINANCE COMMITTEE AND BOARD OF DIRECTORS WERE PROVIDED A DRAFT COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING. THE DRAFT FORM 990 ARE ALSO REVIEWED BY THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE. |
| FORM 990, PAGE 6, PART VI, LINE 12C | NEW BOARD MEMBERS AND NEW EMPLOYEES ACKNOWLEDGE IN WRITING THEIR RECEIPT AND UNDERSTANDING OF THE CONFLICT OF INTEREST POLICY WHEN APPOINTED OR HIRED. COMPLIANCE WITH THE POLICY IS MONITORED BY MANAGEMENT AND THE BOARD ON AN ON-GOING BASIS. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS COMPARATIVE DATA FOR RELATED JOB TITLES AND RESPONSIBILITIES IN SETTING THE EXECUTIVE DIRECTORS' COMPENSATION. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE EXECUTIVE DIRECTOR CONSIDERS COMPARATIVE COMPENSATION DATA IN SETTING COMPENSATION FOR OTHER POSITIONS WITHIN THE ORGANIZATION. THE BOARD OF DIRECTORS APPROVES THE FINANCIAL BUDGET WITHIN WHICH OTHER COMPENSATION DECISIONS ARE MADE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9 | SPECIAL EVENT EXPENSES 9,462 COST OF INVENTORY SOLD 102,580 DONATED RESTORE ITEMS -841,221 SPECIAL EVENT EXPENSES -9,462 COST OF INVENTORY SOLD -102,580 DONATED RESTORE ITEMS 841,221 |
| Software ID: | |
| Software Version: |