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Nonprofit · EIN 30-0108119

RAINBOW HOUSING ASSISTANCE CORPORATION

Tax-exempt · GLENDALE, AZ 85308

Financials

$5.8M$4.4M2023$6.4M$5.5M2024
Revenue Expenses · by fiscal year end
Financials of RAINBOW HOUSING ASSISTANCE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,429,172$5,530,065$899,107$14,831,106$120,085$14,711,021
December 31, 2023990$5,831,750$4,407,921$1,423,829$13,867,511$55,597$13,811,914
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$5,758,924
Investment income
$719,343
Net income from fundraising events
-$49,095
Other revenue
-$49,095

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$407,823
Other salaries and wages
$2,998,733
Salaries, compensation and benefits (total)
$3,996,071
Professional fundraising fees
$0
Legal fees
$37,761
Accounting fees
$168,904
Depreciation
$13,362
Program services (functional)
$4,984,164
Management and general (functional)
$545,901

Balance sheet and other

Total assets, start of year
$13,867,511
Total assets, end of year
$14,831,106
Total liabilities, end of year
$120,085
Net assets, end of year
$14,711,021
Land, buildings and equipment
$33,815
Net assets without donor restrictions
$14,711,021
Gross receipts
$6,863,319
Employees
107
Volunteers
0
Year formed
2002
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FLYNANN JANISSEEXECUTIVE DIRECTOR
Officer
40$407,823
JOSEPH L SHERMANPRESIDENT
Trustee or director, Officer
1$0
GARY SILVERSMITHSECRETARY/CHIEF FINANCIAL
Trustee or director, Officer
1$0
KEITH ROSENTHALDIRECTOR
Trustee or director
1$0
JOSHUA ALLENDIRECTOR
Trustee or director
1$0
K NICOLE ASARCHDIRECTOR
Trustee or director
1$0
HUGH COBBDIRECTOR
Trustee or director
1$0
MICHAEL COSTADIRECTOR
Trustee or director
1$0
KIPLING SHEPPARDDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
FLYNANN JANISSEEXECUTIVE DIRECTOR
Officer
40$369,766
JOSEPH L SHERMANPRESIDENT
Trustee or director, Officer
1$0
GARY SILVERSMITHSECRETARY/CHIEF FINANCIAL
Trustee or director, Officer
1$0
KEITH ROSENTHALDIRECTOR
Trustee or director
1$0
JOSHUA ALLENDIRECTOR
Trustee or director
1$0
K NICOLE ASARCHDIRECTOR
Trustee or director
1$0
HUGH COBBDIRECTOR
Trustee or director
1$0
MICHAEL COSTADIRECTOR
Trustee or director
1$0
KIPLING SHEPPARDDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
18001 N 79TH AVE STE E72, GLENDALE, AZ 85308-8396
Principal officer (990 for 2024)
FLYNANN JANISSE, 18001 N 79TH AVENUE SUITE 72E, GLENDALE, AZ 85308
Signed the 990
FLYNANN JANISSE, EXECUTIVE DIRECTOR
Phone
(602) 903-1843
Return prepared by
EAG AFFORDABLE HOUSING LLC

Mission

TO FACILITATE THE PROVISION OF SAFE AND AFFORDABLE HOUSING FOR LOW INCOME AND VERY LOW INCOME PERSONS AND THEIR FAMILIES.

990 for the year ended December 31, 2024

Program accomplishments

  • RAINBOW HOUSING ASSISTANCE CORPORATION PROVIDES SAFE AND AFFORDABLE HOUSING FOR LOW INCOME AND VERY LOW INCOME PERSONS AND THEIR FAMILIES. THE ENTITY ALSO SERVES AS THE SOLE MEMBER FOR SEVERAL LIMITED LIABILITY COMPANIES WHO ARE THE CO-GENERAL PARTNERS OF VARIOUS PARTNERSHIPS THAT OWN MULTIFAMILY APARTMENT HOUSING PROPERTIES.
    Expenses $4,984,164 · revenue $5,758,924

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
30-0108119
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,831,106
Income (IRS master file)
$6,863,319

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,429,172$5,530,065$14,831,106XML
990December 2023$5,831,750$4,407,921$13,867,511XML
990December 2022$4,295,442$3,892,774$12,487,852IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-0108119).

Questions about RAINBOW HOUSING ASSISTANCE CORPORATION

What is the EIN of RAINBOW HOUSING ASSISTANCE CORPORATION?
The employer identification number (EIN) of RAINBOW HOUSING ASSISTANCE CORPORATION is 30-0108119.
Is RAINBOW HOUSING ASSISTANCE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to RAINBOW HOUSING ASSISTANCE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RAINBOW HOUSING ASSISTANCE CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RAINBOW HOUSING ASSISTANCE CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RAINBOW HOUSING ASSISTANCE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of RAINBOW HOUSING ASSISTANCE CORPORATION?
The 990 for the year ended December 31, 2024 names FLYNANN JANISSE.
Who are the officers and directors of RAINBOW HOUSING ASSISTANCE CORPORATION?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $407,823 (FLYNANN JANISSE, EXECUTIVE DIRECTOR).
How much revenue does RAINBOW HOUSING ASSISTANCE CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,429,172, expenses of $5,530,065 and total assets of $14,831,106 at year end.

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