AnnualReport-Title

A year of change. A cause for celebration.

2015 proved to be a year of change. Although we got a new name, we are still the same organization – a team that focuses on creating stable homes and communities. The proof is in our numbers from the year.

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866 Households Received Pre-purchase, Post-purchase, Reverse Mortgage And Foreclosure Intervention Counseling

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1079 Took Homebuyer Education Or Financial Management Workshops

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308 Homes Saved From Foreclosure

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14 Houses Rehabbed, Developed And/or Sold

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221 Families/individuals Received Mortgages, Mortgage Relief Loans And/or Down Payment Assistance

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285 Families/individuals Purchased Their First Homes

Your donation helps create stable homeownership.

PatriciaDuarte

This has been an amazing year for Trellis. We started out 2015 as Neighborhood Housing Services of Phoenix and three months into the year, we became Trellis. After 40 years we thought it was a good time to make a change.

To us, the name Trellis more accurately reflects what we do and how we do it. Just as a garden trellis does, we serve as a framework to support, to nurture, and to cultivate people and communities so that they can thrive.

What hasn’t changed, and won’t, is how we treat our clients. We have always had their best interests at heart – by understanding their needs for reliable information and honest advice, by caring about what’s best for them, by being in their corner to support them and our neighborhoods for the past 40 years.

We hope this year’s Annual Report conveys how much we care about our clients and value our partners, about how much HomeMatters™ and about how important it is for us to continue our legacy of helping hard-working individuals and families realize the dream of financially-stable homeownership. We hope you agree.

Sincerely,
Patricia Garcia Duarte
President/CEO

Change & Celebrations

Click the photos below to learn more about Trellis’ incredible 2015 achievements.

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You can help us build more affordable homes.

CarolKingShaw

After diligently working with our counselors to get her credit in shape, Carole King Shaw bought a home in the Garfield neighbor. Now, nine years later, she has completely paid off her loan!

“I felt a real sense of accomplishment. My hard work paid off.”

- Carol King Shaw

MarcosTorres

Marcos Torres is a formerly-homeless client who is now financially savvy. After working with a counselor, he rebuilt his credit and has saved enough for a down payment.

“I know what it is to have nothing. This is the most money I’ve ever saved.”

- Marcos Torres

GarrettRiedel

“We wanted the stability that a home gives,” explained Garrett. “We wanted our kids to grow up in a neighborhood, where the neighbors all knew one another.”

- Garrett Riedel

2015 Finances

  • Support & Revenue
    Public Support 2015 2014
    Governmental Grants 2,225,419 3,119,115
    Nongovernmental grants and contributions 515,502 676,793
    Contributions in-kind 163,300
    Total Support 2,904,221 3,795,908
    Revenue 2015 2014
    Fees 5,014,549 6,852,005
    Interest Income on Mortgages 170,312 159,606
    Investment Income 1,670 23,293
    Bad Debt Recoveries - -
    Sale of Property - -
    Total Revenue 5,186,531 7,034,904
    Total Support & Revenue 8,090,752 10,830,812
  • 2015 Expenses
    Program Services 2015 2014
    Homebuyer Counseling & Education 732,867 957,127
    Loan Services 5,882,125 8,232,801
    Affordable Housing Development 386,951 307,522
    Agency Funds 5,537 16,939
    La Ciudad, LLC 132,558 125,329
    Total Program Services 7,140,038 9,639,718
    Supporting Services 2015 2014
    Management & General 936,081 974,790
    Resource Development 117,948 120,564
    Community Outreach 100,673 56,534
    Total Supporting Services 1,154,702 1,151,888
    Total Expenses 8,294,740 10,791,606
  • Net Income & End of Year Assets
    Net Operating Income 2015 2014
    Gain on Sale of Assets 29,305 -
    Change in Net Assets 29,305 -
    Net Assets, Beginning of Year, as Restated 10,327,347 10,288,141
    Net Assets, End of Year 10,356,652 10,288,141
  • Assets
    Current Assets 2015 2014
    Cash & Cash Equivalents 4,591,874 6,301,730
    Restricted Cash 631,842 451,796
    Governmental Receivables (Includes non federal) 109,357 279,744
    Promises to Give 31,081 150,000
    Other Receivables 294,817 189,714
    Property Held for Re-Sale 592,361 1,911,000
    Property Inventory 1,785,834 -
    Prepaid Expenses & Deposits 71,470 64,586
    Mortgage Loans Receivable, Current 111,022 102,321
    Total Current Assets 8,219,658 9,450,891
    Property & Equipment, Net 2,366,132 2,498,861
    Other Assets 2015 2014
    Mortgage Loans Receivable, Net 3,493,408 3,630,415
    Notes Receivable, Other 277,986 353,667
    Escrow Reserve 17,182 96,148
    Investment in Subsidiaries - -
    Total Other Assets 3,788,576 4,080,230
    Total Assets 14,374,366 16,029,982
  • Liabilities & Net Assets
    Current Liabilities 2015 2014
    Accounts Payable & Accrued Expenses 402,453 279,365
    Line of Credit 1,002,929 6,918
    Due to City of Phoenix 58,334 731,962
    Accrued Compensated Absences - -
    Loan Impounds & Client Deposits 57,948 61,190
    Deferred Revenue 563,951 3,353,426
    Notes Payable, Current 21,379 20,599
    Total Current Liabilites 2,106,994 4,453,460
    Notes Payable, Net of Current Portion 2,114,708 1,249,175
    Total Liabilities 4,221,702 5,702,635
    Net Assets 2015 2014
    Unrestricted 7,285,155 7,352,082
    Temporarily Restricted 1,679,261 1,644,955
    Permanently Restricted 1,188,248 1,330,310
    Total Net Assets 10,152,664 10,327,347
    Total Liabilities & Net Assets 14,374,366 16,029,982

2015 Donors

  • HomeOwnership Center Partners ($25,000 and above)
    • Freddie Mac
    • JPMorgan Chase
    • NeighborWorks America
    • Nordstrom Bank
    • State Farm
  • Corporate, Government and Foundation
    • August Building Company
    • AZ Community Foundation/AZ Multi Bank Legacy Fund
    • Bankers Trust
    • Bank of America
    • City of Phoenix Solid Waste Dept.
    • Clearing House CDFI
    • Comerica Bank
    • First Fidelity Bank
    • Foundation for Financial Planning
    • GE Foundation
    • Johnson Bank
    • LISC
    • Lopez Schulz Realty
    • Marisol Federal Credit Union
    • National Bank of Arizona
    • Nationstar Mortgage
    • Old Republic Title
    • Onsager, Werner & Oberg
    • Phoenix IDA
    • Susan Posada Agency
    • SW Gas
    • US Bank
    • Wells Fargo
  • Individuals
    • Alicia Ruiz
    • Arblee Bishop
    • Armida Lopez
    • Art Perez
    • Austin Wicevich
    • Bob Jones
    • Bob & Linda Parsons
    • Carol Parry Fox
    • Carole Kauffman & Elliot Talenfeld
    • Chester Seabury
    • Claudia Schulz
    • Dave Brown
    • David Schwake
    • Ed Celaya
    • Eddie Shea
    • Elizabeth & James Lincoln
    • Erik Walters
    • Frank Martinez
    • Gabe & Kathy Urias
    • Gabe & Liz Loyola
    • Gema Duarte Luna
    • Gina Montes
    • George Young
    • James Lamb
    • Jeff Gauvin
    • Jesse & Patricia Duarte
    • Jerry Cook
    • John Ramirez
    • Jose Cardenas
    • Josephine & Patrick McNamara
    • K. Patry
    • Kate & Dave Krietor
    • Kenja Hassan
    • Kris Kollasch
    • Laura Reyes
    • Mark Brunt
    • Matt Adams
    • Pam Klavinski
    • Patricia Rourke
    • Ramona Tovar
    • Refugio Payan
    • Reid Butler
    • Rex Anderson
    • Ricardo Cortazar
    • Rita Carrillo
    • Rita Carrillo & Chris Hamel
    • Robin Romano
    • Stephen Anderson
    • Steve Barber
    • Susan Stowe
    • Sylvia Waynick
    • Tamala Daniels
    • Todd Francis
    • Tom Wilson
    • Victor Vidales
  • In-Kind
    • Andrea Perusquía
    • Bailey Barry
    • Barbara Lacy
    • BJC, Liz Meyers
    • Bob & Linda Parsons
    • Central Phoenix Animal Hospital, Dr. Alicia Ruiz
    • Chef Danny Nunez
    • Chicago Title
    • City of Phoenix
    • Dana Johnson
    • David Bonney
    • Emma Garcia, Laguna Artz, LLC
    • Eunique Yazzie
    • First Things First Foundation
    • Fox Concepts Restaurant
    • Gina Montes
    • Jean Turner Smith
    • Kim van der Veen, the Burgeon Group
    • Kris Kollasch, Fine Art & Creative Environments, LLC
    • Lisa Ferris-Tersich
    • North Mountain Brewing
    • Old Republic Title
    • Pat McMahon
    • Patricia & Jesse Duarte
    • RB Anderson
    • Rodger “Grizz” LaBrash
    • Ronda Miller
    • StandUp Live
    • Sutra Studios Midtown
    • Tammy Lynch-Forrest
    • The Children’s Museum of Phoenix/li>
    • The Container Store
    • The Play Factory
    • Total Wine
    • Trellis Staff
    • Valley Youth Theatre
    • Walt’s Jewelers
    • XICO Arte y Cultura
  • Senior Staff

    Patricia Garcia Duarte
    President & CEO

    Todd Francis
    SVP/COO

    Carole Kauffman
    VP/Director of Development & Communications

    Joel McCabe
    Director of Real Estate Development

    Chris Smith
    Director of Lending

    Brenda Lopez
    Director of HomeOwnership Center

    Helga Galan
    Compliance Officer

Help keep our programs available for clients.

2015 Board of Directors

Brown, Dave
Chair
National NeighborWorks® Association

Montes, Gina
Vice Chair
City of Avondale

Perez, Art
Treasurer
U.S. Bank

Walters, Erik
Comerica Bank

Butler, Reid
Resident Member

Chin Foo, Angelo
First Bank

Jonovich, Deanna
City of Phoenix

Lopez, Armida M.
Resident Member

Parsons, Robert
Johnson Bank

Ruiz, DVM, Alicia O.
Resident Member

Tovar, Romona
Secretary
Bankers Trust

Young, George A.
Resident Member

C.J. Eisenbarth Hager
St. Luke’s Health Initiatives, now Vitalyst Health Foundation