Civic Intelligence

Interfaith Housing Inc

990 • Fiscal year 2014 • EIN 06-6086558

May 01, 2013 to Apr 30, 2014 • Filed on Nov 11, 2014

PO Box 997Newington, CT 06050

(860) 225-4613

Siviq Scores

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

Liabilities / Assets

88th percentile

0.82x

Higher debt load relative to assets than 88% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

2.17x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

36th percentile

-1.0%

Higher net margin than 36% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

35th percentile

-1.5%

Faster asset growth than 35% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

63rd percentile

9.5%

Faster revenue growth than 63% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$1,846,420

Down $27,665 (-1.5%) from 2013

Net Assets

Down

$324,529

Down $6,992 (-2.1%) from 2013

Liabilities

Down

$1,521,891

Down $20,673 (-1.3%) from 2013

Revenue

Up

$701,956

Up $61,085 (+9.5%) from 2013

Expenses

Up

$708,948

Up $14,241 (+2.0%) from 2013

Net Income

Up

-$6,992

Up $46,844 (+87%) from 2013

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,947,991Liabilities 2011: $1,563,502Net Assets 2011: $384,4892011Assets 2012: $1,945,525Liabilities 2012: $1,560,168Net Assets 2012: $385,3572012Assets 2013: $1,874,085Liabilities 2013: $1,542,564Net Assets 2013: $331,5212013Assets 2014: $1,846,420Liabilities 2014: $1,521,891Net Assets 2014: $324,5292014Assets 2015: $1,815,762Liabilities 2015: $1,542,445Net Assets 2015: $273,3172015Assets 2016: $1,777,489Liabilities 2016: $1,488,733Net Assets 2016: $288,7562016Assets 2017: $1,755,598Liabilities 2017: $1,472,933Net Assets 2017: $282,6652017Assets 2018: $1,650,137Liabilities 2018: $1,438,065Net Assets 2018: $212,0722018Assets 2019: $1,592,742Liabilities 2019: $1,419,540Net Assets 2019: $173,2022019Assets 2020: $1,559,101Liabilities 2020: $1,395,969Net Assets 2020: $163,1322020Assets 2021: $1,592,405Liabilities 2021: $1,344,504Net Assets 2021: $247,9012021Assets 2022: $1,665,031Liabilities 2022: $1,318,648Net Assets 2022: $346,3832022Assets 2023: $1,675,480Liabilities 2023: $1,307,500Net Assets 2023: $367,9802023Assets 2024: $1,455,488Liabilities 2024: $1,279,502Net Assets 2024: $175,9862024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2014

Assets$1,846,420
Liabilities$1,521,891
Net Assets$324,529

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $652,5972011Expenses 2012: $645,9462012Revenue 2013: $640,871Expenses 2013: $694,707Net Income 2013: -$53,8362013Revenue 2014: $701,956Expenses 2014: $708,948Net Income 2014: -$6,9922014Revenue 2015: $679,897Expenses 2015: $731,109Net Income 2015: -$51,2122015Revenue 2016: $713,083Expenses 2016: $700,885Net Income 2016: $12,1982016Revenue 2017: $739,945Expenses 2017: $746,036Net Income 2017: -$6,0912017Revenue 2018: $735,615Expenses 2018: $806,208Net Income 2018: -$70,5932018Revenue 2019: $778,776Expenses 2019: $817,646Net Income 2019: -$38,8702019Revenue 2020: $821,389Expenses 2020: $831,459Net Income 2020: -$10,0702020Revenue 2021: $843,652Expenses 2021: $758,883Net Income 2021: $84,7692021Revenue 2022: $877,076Expenses 2022: $778,594Net Income 2022: $98,4822022Revenue 2023: $881,722Expenses 2023: $860,125Net Income 2023: $21,5972023Revenue 2024: $923,131Expenses 2024: $1,115,125Net Income 2024: -$191,9942024Revenue 2025: $7,002,293Expenses 2025: $7,178,279Net Income 2025: -$175,9862025

Highlighted filing

2014

Revenue$701,956
Expenses$708,948
Net Income-$6,992
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Nov 11, 2014
Return Version
2013v3.0
Gross Receipts
$701,956
Mission and Program Overview

Mission

Provide housing for families with low to moderate income

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,071,030$1,018,511▼ $52,519
Cash and Non-Interest-Bearing Accounts$51,508$48,824▼ $2,684
Intangible Assets$14,506$13,346▼ $1,160
Prepaid Expenses and Deferred Charges$3,369$3,369→ $0
Total Assets$1,874,085$1,846,420▼ $27,665
Other Assets Total$733,672$762,370▲ $28,698
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,425,470$1,425,006▼ $464
Other Liabilities$53,037$57,731▲ $4,694
Accounts Payable and Accrued Expenses$64,057$39,154▼ $24,903
Total Liabilities$1,542,564$1,521,891▼ $20,673
Net Assets / Fund Balance
Unrestricted Net Assets$331,521$324,529▼ $6,992
Total Net Assets Fund Balance$331,521$324,529▼ $6,992
Total Liabilities and Net Assets / Fund Balance$1,874,085$1,846,420▼ $27,665

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$955,956$2,028,662$2,984,618
Equipment$0$284,220$284,220
Other Land Buildings$31,990$141,313$173,303
Land$30,565-$30,565
Other Assets Org$707,082--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Paul Ruel JrPresident
Dorothy GaleckiBoard Member
Jadwiga PanusBoard Member
Lois BlomstrannBoard Member
Rev Hugh PenneyBoard Member
Rev Joseph CrowleyBoard Member
Theodore PoulosBoard Member
Thomas CottaBoard Member
Thomas DizneyBoard Member
Thomas SteckBoard Member
Roger HelalSecretary
Frank MarroccoTreasurer/VP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$690,649
Investment Income
$11,307
Other Revenue
$0
Change in Net Assets
$-6,992
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$571,132
Salaries, Compensation, and Employee Benefits$137,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$137,512--$137,512
Other Salaries and Wages$126,820--$126,820
Depreciation Depletion$84,463--$84,463
Interest$82,339--$82,339
Fees for Services Management-$66,348-$66,348
Insurance$38,682--$38,682
Other Expenses$16,740--$16,740
Payroll Taxes$10,996--$10,996
All Other Expenses$9,695--$9,695
Fees for Services Other-$7,487-$7,487
Office Expenses-$2,554-$2,554
Total Functional Expenses$632,559$76,389$0$708,948
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
Tenant Security Deposits$57,731
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no other committees with the authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

A copy of the irs form 990 is made available to all members of the board of directors before it is filed.

Form 990, Part VI, Section C, Line 19

Documents and financial statements are available at the managing agent's office listed on form 990, page vi, line 20. They are available upon request.

Filing and Contact Details

Filer

EIN
06-6086558
Phone
8602254613

Signing Officer

Name
Frank D Marrocco
Title
Treasurer
Phone
8602297479
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank D Marrocco
Formed
1970
Legal Domicile
Ct
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
0

Preparer

Preparer
Edward S Jason
Phone
8605223111
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No change from prior year.

Financial Statement Notes

PART X, LINE 2:

The project follows the accounting guidance for uncertainty in income taxes. Tax positions initially need to be recognized in the financial statements when it is more-likely-than-not that the position will be sustained upon examination by the tax authorities. The organization has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements and believes that it has appropriate support for income tax positions taken in its tax returns.

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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0690649
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt011932
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013001
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05248
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05385
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt046873
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0690649
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0629918
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0633813
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0642747
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0650113
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03247240
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt011932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013001
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt05248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05385
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt046873
IRS990ScheduleA/InvestmentIncomeCYPct00.01420
IRS990ScheduleA/InvestmentIncomePYPct00.01400
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98580
IRS990ScheduleA/PublicSupportPY509Pct00.98600
IRS990ScheduleA/PublicSupportTotal509Amt03247240
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0690649
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0629918
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0633813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0642747
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0650113
IRS990ScheduleA/Total509Grp/TotalAmt03247240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0701956
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0641850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0646814
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0647995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0655498
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03294113
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0955956
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02028662
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02984618
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0284220
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0284220
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt030565
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030565
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt055288
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1707082
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031990
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0141313
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0173303
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt057731
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE PROJECT FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR INCOME TAX POSITIONS TAKEN IN ITS TAX RETURNS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01018511
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0762370
IRS990ScheduleD/TotalLiabilityAmt057731
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO OTHER COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE IRS FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE MANAGING AGENT'S OFFICE LISTED ON FORM 990, PAGE VI, LINE 20. THEY ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01874085
IRS990/TotalAssetsEOYAmt01846420
IRS990/TotalAssetsGrp/BOYAmt01874085
IRS990/TotalAssetsGrp/EOYAmt01846420
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt076389
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0632559
IRS990/TotalFunctionalExpensesGrp/TotalAmt0708948
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01542564
IRS990/TotalLiabilitiesEOYAmt01521891
IRS990/TotalLiabilitiesGrp/BOYAmt01542564
IRS990/TotalLiabilitiesGrp/EOYAmt01521891
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0331521
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0324529
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0632559
IRS990/TotalProgramServiceRevenueAmt0690649
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt011307
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0690649
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0701956
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01874085
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01846420
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0331521
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0324529
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10142 WEST MAIN STREET
IRS990/USAddress/City0NEW BRITAIN
IRS990/USAddress/State0CT
IRS990/USAddress/ZIPCode006052
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$7.00$7.18$0.18
2024Detailed filing. Detailed filing data is available for this year.$1.46$1.28$0.18$0.92$1.12$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.68$1.31$0.37$0.88$0.86$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.67$1.32$0.35$0.88$0.78$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.59$1.34$0.25$0.84$0.76$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$1.40$0.16$0.82$0.83$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.59$1.42$0.17$0.78$0.82$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.65$1.44$0.21$0.74$0.81$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.76$1.47$0.28$0.74$0.75$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.78$1.49$0.29$0.71$0.70$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.82$1.54$0.27$0.68$0.73$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.85$1.52$0.32$0.70$0.71$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$1.54$0.33$0.64$0.69$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.56$0.39$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$1.56$0.38$0.65