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California · Nonprofit

INNOVATIVE HOUSING OPPORTUNITIES INC

INNOVATIVE HOUSING OPPORTUNITIES INC (California) receives grants from 13 organizations whose IRS filings report $560,426 to it, the largest being HOAG MEMORIAL HOSPITAL PRESBYTERIAN ($125,000). 8 of them have funded it in more than one year.

Revenue FY2024
$12M
Funders on record
13
Grants received
$560k
Net assets
$14M
8/13 repeat funderspeak grant-dependency 4%
01What it does

What Innovative Housing Opportunities Inc does

Mission

Iho enriches lives, strengthens communities, and advance social equity by providing high-quality affordable housing with integrated support services.

As stated on its FY2024 Form 990.

Program

  1. Since 1976, innovative housing opportunities (iho) has developed and advocated for high-quality, permanent rental homes for low to moderate-income residents in california. Our portfolio includes affordable, mixed-income, mixed-population, and mixed-use housing communities with integrated, holistic resident services and programs that enrich lives, advance social equity and accelerate the economic self-reliance of families, seniors, and special needs residents.

    $2,768,224 spent$1,998,067 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,768,224.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($1.6M) Expenses 100 ($1.5M) Net assets 100 ($7.9M)2018 Revenue 116 ($1.9M) Expenses 110 ($1.7M) Net assets 103 ($8.1M)2019 Revenue 175 ($2.9M) Expenses 118 ($1.8M) Net assets 117 ($9.2M)2020 Revenue 173 ($2.8M) Expenses 120 ($1.8M) Net assets 130 ($10M)2021 Revenue 107 ($1.8M) Expenses 150 ($2.3M) Net assets 123 ($9.8M)2022 Revenue 410 ($6.7M) Expenses 178 ($2.7M) Net assets 174 ($14M)2023 Revenue 185 ($3.0M) Expenses 217 ($3.3M) Net assets 185 ($15M)2024 Revenue 751 ($12M) Expenses 244 ($3.7M) Net assets 177 ($14M)
'17'18'19'20'21'22'23'24
Revenue (751)Expenses (244)Net assets (177)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $15M to $18M (+18%).

$17M
$16M
$16M
$15M
$14M
$15M
$18M
$17M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 8% · 2023 31%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$128k
’17
$236k
’18
$1.1M
’19
$1.0M
’20
−$504k
’21
$4.0M
’22
−$259k
’23
$8.6M
’24
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Rochelle Mills

President & CEO

Board chair

Brandon Mccall

Chairman

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed1615151613131613
Joined·+4+1+3+1+0+6+6
No longer listed·5124039
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 7 funders, grant income rose $50k → $123k.

3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 12% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $94k from 2 payers (the payer shares this organization's board, largest Kaiser Foundation Hospitals). These are real filings, and they are not money INNOVATIVE HOUSING OPPORTUNITIES INC raised.

From the IRS filings of INNOVATIVE HOUSING OPPORTUNITIES INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

INNOVATIVE HOUSING OPPORTUNITIES INC has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

60% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund INNOVATIVE HOUSING OPPORTUNITIES INC.

22%
largest funder
58%
top three
~7
effective funders

Largest funder’s share by year: 2020 100% · 2021 83% · 2022 37% · 2023 38% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of INNOVATIVE HOUSING OPPORTUNITIES INC's funders are still giving 2 years after their first grant; 62% give in more than one year at all.

first grant+1y+2y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

69% of INNOVATIVE HOUSING OPPORTUNITIES INC's grant income comes from California funders.

MN
IL
WI
NY
NJ
CA

In-state vs out-of-state, by year

’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $68k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like INNOVATIVE HOUSING OPPORTUNITIES INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

82%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 34 related entities

  • Acacia Street Apartments LLC · disregarded
  • Iho Norwalk LLC · disregarded
  • Iho Harding Street LLC · disregarded
  • Iho the Aspire LLC · disregarded
  • Iho 87th LLC and Western LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for INNOVATIVE HOUSING OPPORTUNITIES INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds INNOVATIVE HOUSING OPPORTUNITIES INC?
INNOVATIVE HOUSING OPPORTUNITIES INC (California) receives grants from 13 organizations whose IRS filings report $560,426 to it, the largest being HOAG MEMORIAL HOSPITAL PRESBYTERIAN ($125,000). 8 of them have funded it in more than one year.
How many funders does INNOVATIVE HOUSING OPPORTUNITIES INC have?
IRS filings report 13 organizations giving $560,426 in grants to INNOVATIVE HOUSING OPPORTUNITIES INC, 8 of which have funded it in more than one year.
Who is the largest funder of INNOVATIVE HOUSING OPPORTUNITIES INC?
HOAG MEMORIAL HOSPITAL PRESBYTERIAN is the largest funder on record, with $125,000 in grants. The full list of funders is on this page.
How can an organization like INNOVATIVE HOUSING OPPORTUNITIES INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Innovative Housing Opportunities →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 13 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing