JEFFCO HOUSING CORPORATION

WHEAT RIDGE, CO | Jefferson County
Affordable Housing

Overview

JEFFCO HOUSING CORPORATION
74-2499923
7490 W 45TH AVE
WHEAT RIDGE, CO 80033
Jefferson County
(303) 422-8600

Mission Statement info

JEFFCO HOUSING CORPORATION IS A NON-PROFIT HOUSING CORPORATION CREATED FOR THE DEVELOPMENT OF AFFORDABLE RENTAL APARTMENTS WITHIN JEFFERSON COUNTY, COLORADO. JEFFCO HOUSING CORPORATION UTILIZES RESOURCES THAT ARE UNAVAILABLE TO JEFFERSON COUNTY HOUSING AUTHORITY.

Founded info
1988
Total Employees info
0
Total Volunteers info
6
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
Awards & Certifications info
  • LIHTC Recipient
Nonprofit Classification (NTEE Code) info
-

Not reported

IRS Activity Codes info
381
Low and moderate income housing
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
-
Not reported

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
HIDDEN LAKE HOMES

 
WESTMINSTER, CO
Amount info
$13,696,628
Project Year info
2017
Allocation Year info
2015
Total Units info
72
Low-Income Units info
72
Currently Monitored info
Not reported
Construction Type info
Acquisition and Rehab
Property Characteristics info
  • None reported
Special Programs & Financing info
  • None reported
Targeted Population info
  • Elderly

IRS Summary

Income
$2.7M
Revenue
$2.6M
Assets
$11.5M
Exempt Ruling Date info
1988-07
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
7490 W 45TH AVE
WHEAT RIDGE, CO 80033
Jefferson County
FIPS Geocoded Address info
19740
MSA/CBSA info
08
State info
059
County info
0106.04
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Denver-Aurora-Lakewood, CO
Combined Statistical Area info
Denver-Aurora, CO
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 34.54%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0106.04 Jefferson County
Population
Total Population 2,374 574,798
Total Households 1,021 232,284
Income
Median Family Income (Census*) $55,086 $82,986
Median Family Income (2019 FFIEC) $92,800 N/A
Tract Income Percentage 68.15% N/A
Below Poverty Level 10.8% 7.1%
Unemployment Level 6.8% 3.6%
Housing
Total Housing Units 1,116 240,956
Total Owner-Occupied Units 49.1% 70.7%
Total Renter-Occupied Units 42.4% 29.3%
Total Vacant Units 8.5% 3.9%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body
info
5
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Lori Rosendahl
Executive Director & CEO
(303) 422-8600
Principal Officer info
Christopher Yancy
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.