Civic Intelligence

Home City Development Inc.

990 • Fiscal year 2017 • EIN 04-6190467

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 27, 2018

Organization ProfileWWW.HOMECITYDEVELOPMENT.ORG

View Organization Page

261 Oak Grove AvenueSpringfield, MA 01109

(413) 785-5312

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

64th percentile

0.37x

Higher debt load relative to assets than 64% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

1.78x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

87th percentile

37%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

37th percentile

$140,567

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

46th percentile

3.6%

Faster revenue growth than 46% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$12,703,357

Up $1,568,818 (+14%) from 2016

Net Assets

Up

$7,969,889

Up $1,082,803 (+16%) from 2016

Liabilities

Up

$4,733,468

Up $486,015 (+11%) from 2016

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin87th percentile

Revenue

Up

$2,653,654

Up $91,819 (+3.6%) from 2016

Expenses

Down

$1,661,444

Down $687,037 (-29%) from 2016

Net Income

Up

$992,210

Up $778,856 (+365%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2011: $3,789,100Liabilities 2011: $2,838,463Net Assets 2011: $950,6372011Assets 2012: $5,596,874Liabilities 2012: $2,593,169Net Assets 2012: $3,003,7052012Assets 2013: $5,995,776Liabilities 2013: $2,003,421Net Assets 2013: $3,992,3552013Assets 2014: $10,351,449Liabilities 2014: $4,369,701Net Assets 2014: $5,981,7482014Assets 2015: $11,530,615Liabilities 2015: $7,068,181Net Assets 2015: $4,462,4342015Assets 2016: $11,134,539Liabilities 2016: $4,247,453Net Assets 2016: $6,887,0862016Assets 2017: $12,703,357Liabilities 2017: $4,733,468Net Assets 2017: $7,969,8892017Assets 2018: $13,454,716Liabilities 2018: $2,936,512Net Assets 2018: $10,518,2042018Assets 2019: $14,915,610Liabilities 2019: $3,554,650Net Assets 2019: $11,360,9602019Assets 2020: $16,105,510Liabilities 2020: $4,678,214Net Assets 2020: $11,427,2962020Assets 2021: $15,775,339Liabilities 2021: $3,760,684Net Assets 2021: $12,014,6552021Assets 2022: $19,443,390Liabilities 2022: $6,574,590Net Assets 2022: $12,868,8002022Assets 2023: $23,941,602Liabilities 2023: $11,418,439Net Assets 2023: $12,523,1632023Assets 2024: $54,239,900Liabilities 2024: $42,117,710Net Assets 2024: $12,122,1902024

Highlighted filing

2017

Assets$12,703,357
Liabilities$4,733,468
Net Assets$7,969,889
Open 2017 Filing

Operations Trend

Revenue Growth46th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $565,559Expenses 2011: $680,481Net Income 2011: -$114,9222011Revenue 2012: $1,989,337Expenses 2012: $1,742,140Net Income 2012: $247,1972012Revenue 2013: $2,264,941Expenses 2013: $1,830,092Net Income 2013: $434,8492013Revenue 2014: $3,389,729Expenses 2014: $2,215,327Net Income 2014: $1,174,4022014Revenue 2015: $3,169,762Expenses 2015: $2,590,703Net Income 2015: $579,0592015Revenue 2016: $2,561,835Expenses 2016: $2,348,481Net Income 2016: $213,3542016Revenue 2017: $2,653,654Expenses 2017: $1,661,444Net Income 2017: $992,2102017Revenue 2018: $2,971,196Expenses 2018: $1,875,800Net Income 2018: $1,095,3962018Revenue 2019: $1,669,722Expenses 2019: $1,139,953Net Income 2019: $529,7692019Revenue 2020: $1,154,466Expenses 2020: $1,317,213Net Income 2020: -$162,7472020Revenue 2021: $1,734,116Expenses 2021: $1,430,775Net Income 2021: $303,3412021Revenue 2022: $3,023,264Expenses 2022: $1,600,953Net Income 2022: $1,422,3112022Revenue 2023: $1,135,582Expenses 2023: $1,737,131Net Income 2023: -$601,5492023Revenue 2024: $1,437,102Expenses 2024: $1,970,169Net Income 2024: -$533,0672024

Highlighted filing

2017

Revenue$2,653,654
Expenses$1,661,444
Net Income$992,210
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 27, 2018
Return Version
2017v2.2
Gross Receipts
$2,653,654
Mission and Program Overview

Mission

To remedy substandard housing for lower income families in the springfield, ma area and vicinity.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$3,276,288$4,544,344▲ $1,268,056
Land, Buildings, and Equipment, Net$2,847,367$2,771,946▼ $75,421
Investments in Publicly Traded Securities$1,287,257$1,783,100▲ $495,843
Accounts Receivable$2,073,805$1,648,036▼ $425,769
Cash and Non-Interest-Bearing Accounts$655,906$619,992▼ $35,914
Savings and Temporary Cash Investments$108,173--
Pledges and Grants Receivable$19,550$0▼ $19,550
Prepaid Expenses and Deferred Charges$31,663$6,555▼ $25,108
Investments Other Securities$50$50→ $0
Other Notes and Loans Receivable, Net-$0-
Total Assets$11,134,539$12,703,357▲ $1,568,818
Other Assets Total$834,480$1,329,334▲ $494,854
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,840,443$3,985,106▲ $144,663
Accounts Payable and Accrued Expenses$352,531$512,204▲ $159,673
Other Liabilities$45,210$231,654▲ $186,444
Deferred Revenue$9,269$4,504▼ $4,765
Total Liabilities$4,247,453$4,733,468▲ $486,015
Net Assets / Fund Balance
Unrestricted Net Assets$6,300,604$7,284,651▲ $984,047
Temporarily Rstr Net Assets$586,482$685,238▲ $98,756
Total Net Assets Fund Balance$6,887,086$7,969,889▲ $1,082,803
Total Liabilities and Net Assets / Fund Balance$11,134,539$12,703,357▲ $1,568,818

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,396,454$280,778$2,677,232
Land$375,492-$375,492
Investment Program Related Org$4,490,515--
Other Assets Org$595,183--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas KegelmanExecutive Director/ ClerkFT$121,534$19,033$140,567

Board Members and Trustees

NameTitle
V Van Johnson EsqPresident
Thomas MccologanVice President
Adam GomezDirector
Dr Andrew BalderDirector
John KlenakisDirector
Loleta CollinsDirector
Steven E DauryDirector
Jennifer GableTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Housing Management ResourcesProperty Management500 VICTOR ROAD, North Quincy, MA 02171$214,861
Davis Square ArchitectsInspection Engineer240A ELM STREET, Somerville, MA 02144$106,798
Revenue and Support

Revenue Composition

Contributions and Grants
$71,727
Program Service Revenue
$2,496,753
Investment Income
$73,478
Other Revenue
$11,696
All Other Contributions
$71,727
Change in Net Assets
$992,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,169,081
Salaries, Compensation, and Employee Benefits$492,363
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$137,543$131,931-$269,474
Office Expenses$35,905$127,103-$163,008
Current Officers, Directors, Trustees, and Key Employees-$140,568-$140,568
Occupancy$102,187$608-$102,795
Depreciation Depletion$93,173--$93,173
Fees for Services Accounting-$90,375-$90,375
Interest$66,974--$66,974
Fees for Services Management-$61,048-$61,048
Fees for Services Legal-$47,761-$47,761
Other Employee Benefits$21,878$20,928-$42,806
Insurance$33,326$6,165-$39,491
Payroll Taxes$12,868$20,918-$33,786
Other Expenses$33,294--$33,294
All Other Expenses$27,661--$27,661
Conferences and Meetings$1,389$8,424-$9,813
Travel$4,035$3,488-$7,523
Pension Plan Contributions-$5,729-$5,729
Advertising$4,440--$4,440
Total Functional Expenses$996,398$665,046$0$1,661,444
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to General Partner$189,603
Secuirty Deposits$42,051
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A member of the finance committee will review the form 990 and then present it with his/her recommendations to the full board of directors to be voted on for final approval.”

Form 990, Part VI, Section B, Line 12C

“Annually all board of directors and key employees complete a conflict of interest disclosure.”

Form 990, Part VI, Section B, Line 15A

“The executive committee of the board of directors is responsible for determing the executive director compenstation annually.”

Form 990, Part VI, Section C, Line 19

“Home city development, inc. Makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Home City Development Inc
EIN
04-6190467
Phone
4137855312
Address
261 OAK GROVE AVENUE, SPRINGFIELD, MA 01109

Signing Officer

Name
Thomas Kegelman
Title
Officer
Phone
4137855312
Signed
2018-06-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas Kegelman
Formed
1968
Legal Domicile
Ma
Voting Board Members
8
Independent Board Members
7
Employees
5
Volunteers
15

Preparer

Firm
Flaherty Salmin Llp
Address
2300 BUFFALO RD BLDG 200, ROCHESTER, NY 14624
Preparer
Dale Rowland CPA
Phone
5852790120
Raw XML AppendixShowing 400 of 766 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OccupancyGrp/ProgramServicesAmt0102187
IRS990/OccupancyGrp/TotalAmt0102795
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0127103
IRS990/OfficeExpensesGrp/ProgramServicesAmt035905
IRS990/OfficeExpensesGrp/TotalAmt0163008
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0834480
IRS990/OtherAssetsTotalGrp/EOYAmt01329334
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020928
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021878
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042806
IRS990/OtherExpensesGrp/Desc0RESIDENT SERVICES COORD
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER TAXES & LICENSES
IRS990/OtherExpensesGrp/Desc3LOSS ON DISPOSAL
IRS990/OtherExpensesGrp/ProgramServicesAmt0213236
IRS990/OtherExpensesGrp/ProgramServicesAmt1173016
IRS990/OtherExpensesGrp/ProgramServicesAmt235473
IRS990/OtherExpensesGrp/ProgramServicesAmt333294
IRS990/OtherExpensesGrp/TotalAmt0213236
IRS990/OtherExpensesGrp/TotalAmt1173016
IRS990/OtherExpensesGrp/TotalAmt235473
IRS990/OtherExpensesGrp/TotalAmt333294
IRS990/OtherLiabilitiesGrp/BOYAmt045210
IRS990/OtherLiabilitiesGrp/EOYAmt0231654
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt011696
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt011696
IRS990/OtherRevenueTotalAmt011696
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0131931
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0137543
IRS990/OtherSalariesAndWagesGrp/TotalAmt0269474
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt020918
IRS990/PayrollTaxesGrp/ProgramServicesAmt012868
IRS990/PayrollTaxesGrp/TotalAmt033786
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05729
IRS990/PensionPlanContributionsGrp/TotalAmt05729
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt019550
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt031663
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06555
IRS990/PrincipalOfficerNm0THOMAS KEGELMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02496753
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02496753
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0204741
IRS990/PYOtherExpensesAmt01459334
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02347094
IRS990/PYRevenuesLessExpensesAmt0213354
IRS990/PYSalariesCompEmpBnftPaidAmt0889147
IRS990/PYTotalExpensesAmt02348481
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02561835
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0992210
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt02508449
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108173
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt059677
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0629919
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0599318
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt065558
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01364472
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt073478
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt096462
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt089317
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0133039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt074304
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0466600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02544026
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02347094
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02408508
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02647764
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02093569
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012040961
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt073478
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt096462
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt089317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0133039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt074304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0466600
IRS990ScheduleA/InvestmentIncomeCYPct00.03360
IRS990ScheduleA/InvestmentIncomePYPct00.03510
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96640
IRS990ScheduleA/PublicSupportPY509Pct00.96490
IRS990ScheduleA/PublicSupportTotal509Amt013405433
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02603703
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02357094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03038427
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03247082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02159127
IRS990ScheduleA/Total509Grp/TotalAmt013405433
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02677181
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02453556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03127744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03380121
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02233431
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013872033
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt053829
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt14490515
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENT IN REAL ESTATE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/LandGrp/BookValueAmt0375492
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0375492
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt042051
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1597045
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt295055
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3595183
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECUIRTY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREDEVELOPMENT EXPENSES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDENT SERVICE RESERVE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02396454
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0280778
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02677232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt042051
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1189603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECUIRTY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO GENERAL PARTNER
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02771946
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01329334
IRS990ScheduleD/TotalBookValueProgramRltdAmt04544344
IRS990ScheduleD/TotalLiabilityAmt0231654
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MEMBER OF THE FINANCE COMMITTEE WILL REVIEW THE FORM 990 AND THEN PRESENT IT WITH HIS/HER RECOMMENDATIONS TO THE FULL BOARD OF DIRECTORS TO BE VOTED ON FOR FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUALLY ALL BOARD OF DIRECTORS AND KEY EMPLOYEES COMPLETE A CONFLICT OF INTEREST DISCLOSURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMING THE EXECUTIVE DIRECTOR COMPENSTATION ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HOME CITY DEVELOPMENT, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0HOME CITY DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1HOME CITY DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2HOME CITY DEVELOPMENT INC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt3HOME CITY DEVELOPMENT INC

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,703,357
Liabilities
$4,733,468
Net assets
$7,969,889
Revenue
$2,653,654
Expenses
$1,661,444
Net income
$992,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$54.2$42.1$12.1$1.44$1.97$0.53
2023Detailed filing. Detailed filing data is available for this year.$23.9$11.4$12.5$1.14$1.74$0.60
2022Detailed filing. Detailed filing data is available for this year.$19.4$6.57$12.9$3.02$1.60$1.42
2021Detailed filing. Detailed filing data is available for this year.$15.8$3.76$12.0$1.73$1.43$0.30
2020Detailed filing. Detailed filing data is available for this year.$16.1$4.68$11.4$1.15$1.32$0.16
2019Detailed filing. Detailed filing data is available for this year.$14.9$3.55$11.4$1.67$1.14$0.53
2018Detailed filing. Detailed filing data is available for this year.$13.5$2.94$10.5$2.97$1.88$1.10
2017Detailed filing. Detailed filing data is available for this year.$12.7$4.73$7.97$2.65$1.66$0.99
2016Summary only. Only limited summary data is available for this year.$11.1$4.25$6.89$2.56$2.35$0.21
2015Detailed filing. Detailed filing data is available for this year.$11.5$7.07$4.46$3.17$2.59$0.58
2014Summary only. Only limited summary data is available for this year.$10.4$4.37$5.98$3.39$2.22$1.17
2013Summary only. Only limited summary data is available for this year.$6.00$2.00$3.99$2.26$1.83$0.43
2012Summary only. Only limited summary data is available for this year.$5.60$2.59$3.00$1.99$1.74$0.25
2011Summary only. Only limited summary data is available for this year.$3.79$2.84$0.95$0.57$0.68$0.11