Civic Intelligence

Northshore Housing Initiative Inc

EIN 10-0131835 • 501(c)3 • Covington, LA

Profile

The organization, a community land trust, is committed to the permanent stewardship of land and the long-term affordability of workforce housing. Using a shared equity model, the organization helps moderate-income homebuyers purchase a home by investing in the land. The land is leased to the homebuyer by the trust with a long-term lease that includes a resale formula to ensure affordability is preserved for the next buyer.

222 North Vermont Street 201CCovington, LA 70433

www.northshorelandtrust.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

56th percentile

0.03x

Higher debt load relative to assets than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

83rd percentile

0.34x

Higher debt load relative to revenue than 83% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

9th percentile

-38%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

70th percentile

$57,012

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 86.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

29th percentile

-4.6%

Faster asset growth than 29% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-70%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets56th percentile

Assets

Down

$696,606

Down $33,930 (-4.6%) from 2021

Liabilities

Down

$22,638

Down $9,212 (-29%) from 2021

Net Assets

Down

$673,968

Down $24,718 (-3.5%) from 2021

Operations
Liabilities / Revenue83rd percentileNet Margin9th percentile

Revenue

Down

$65,767

Down $149,967 (-70%) from 2021

Expenses

Up

$90,485

Up $6,155 (+7.3%) from 2021

Net Income

Down

-$24,718

Down $156,122 (-119%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth29th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2010: $46,250Liabilities 2010: $0Net Assets 2010: $46,2502010Assets 2013: $9,868Liabilities 2013: $0Net Assets 2013: $9,8682013Assets 2014: $21,118Liabilities 2014: $13,514Net Assets 2014: $7,6042014Assets 2015: $94,443Liabilities 2015: $26,331Net Assets 2015: $68,1122015Assets 2016: $203,550Liabilities 2016: $59,404Net Assets 2016: $144,1462016Assets 2017: $315,590Liabilities 2017: $32,257Net Assets 2017: $283,3332017Assets 2018: $540,104Liabilities 2018: $87,968Net Assets 2018: $452,1362018Assets 2019: $555,272Liabilities 2019: $19,470Net Assets 2019: $535,8022019Assets 2020: $601,721Liabilities 2020: $34,439Net Assets 2020: $567,2822020Assets 2021: $730,536Liabilities 2021: $31,850Net Assets 2021: $698,6862021Assets 2022: $696,606Liabilities 2022: $22,638Net Assets 2022: $673,9682022

Highlighted filing

2022

Assets$696,606
Liabilities$22,638
Net Assets$673,968
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2010: $15,000Expenses 2010: $21,468Net Income 2010: -$6,4682010Revenue 2013: $28,608Expenses 2013: $41,593Net Income 2013: -$12,9852013Revenue 2014: $71,830Expenses 2014: $81,515Net Income 2014: -$9,6852014Revenue 2015: $162,854Expenses 2015: $102,346Net Income 2015: $60,5082015Revenue 2016: $219,772Expenses 2016: $143,738Net Income 2016: $76,0342016Revenue 2017: $263,095Expenses 2017: $123,908Net Income 2017: $139,1872017Revenue 2018: $297,880Expenses 2018: $119,449Net Income 2018: $178,4312018Revenue 2019: $195,508Expenses 2019: $111,842Net Income 2019: $83,6662019Revenue 2020: $114,792Expenses 2020: $83,312Net Income 2020: $31,4802020Revenue 2021: $215,734Expenses 2021: $84,330Net Income 2021: $131,4042021Revenue 2022: $65,767Expenses 2022: $90,485Net Income 2022: -$24,7182022

Highlighted filing

2022

Revenue$65,767
Expenses$90,485
Net Income-$24,718
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$696,606
Liabilities
$22,638
Net assets
$673,968
Revenue
$65,767
Expenses
$90,485
Net income
-$24,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$6.97$0.23$6.74$0.66$0.90$0.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.31$0.32$6.99$2.16$0.84$1.31
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.02$0.34$5.67$1.15$0.83$0.31
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.55$0.19$5.36$1.96$1.12$0.84
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$0.88$4.52$2.98$1.19$1.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.16$0.32$2.83$2.63$1.24$1.39
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.59$1.44$2.20$1.44$0.76
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.26$0.68$1.63$1.02$0.61
2014Detailed filing. Detailed filing data is available for this year.$0.21$0.14$0.08$0.72$0.82$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.00$0.10$0.29$0.42$0.13
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.00$0.46$0.15$0.21$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 8, 2023
Return Version
2021v4.2
Gross Receipts
$65,767
Mission and Program Overview

Mission

Northshore housing initiative (nhi) is a community land trust, a community based organization committed to the permanent stewardship of land and the long-term affordability of workforce housing. Using a shared equity model, nhi helps moderate-income homebuyers purchase a home by investing in the land. The land is leased to the homebuyer by the trust with a long-term lease that includes a resale formula to ensure affordability is preserved for the next homebuyer.

To provide affordable housing for the northshore area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$620,500$620,500→ $0
Cash and Non-Interest-Bearing Accounts$76,145$68,657▼ $7,488
Pledges and Grants Receivable$33,466$7,024▼ $26,442
Total Assets$730,536$696,606▼ $33,930
Other Assets Total$425$425→ $0
Liabilities
Other Liabilities$23,267$11,403▼ $11,864
Escrow Account Liability-$11,235-
Accounts Payable and Accrued Expenses$8,583--
Total Liabilities$31,850$22,638▼ $9,212
Net Assets / Fund Balance
Net Assets With Donor Restrictions$620,500$620,500→ $0
Net Assets Without Donor Restrictions$78,186$53,468▼ $24,718
Total Net Assets Fund Balance$698,686$673,968▼ $24,718
Total Liabilities and Net Assets / Fund Balance$730,536$696,606▼ $33,930

Asset Categories

AssetBook ValueDepreciationBasis
Land$620,500-$620,500

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$620,500---$620,500
2020$461,320$159,180--$620,500
2019$461,320---$461,320
2018$409,663$51,657--$461,320
2017$247,500$162,163--$409,663
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer DexterExecutive DirectorFT$57,012$57,012

Board Members and Trustees

NameTitle
David RousselPresident
Nixon AdamsVice President
Cindy PetryBoard Member
James GrahamBoard Member
Mary BurkellBoard Member
Scott GoodwillSecretary
Edward BeeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$24,842
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$40,925
All Other Contributions
$12,000
Change in Net Assets
$-24,718
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$69,525
Other Expenses$20,960
Total Fundraising Expense$3,703
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,620$10,429$3,476$69,525
Occupancy-$5,100-$5,100
Fees for Services Accounting$5,000--$5,000
Insurance$2,981--$2,981
Fees for Services Other$400$610-$1,010
Office Expenses-$406-$406
Travel-$129-$129
Other Expenses$522$94$227$94
Total Functional Expenses$68,156$18,626$3,703$90,485
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
Payroll Liability$11,403
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The form 990 was presented to the board of directors and a copy was provided to each board member prior to the meeting to read and study. Questions from the board were answered by management and by the cpa firm that prepared the return. All questions were answered to the board's satisfaction.”

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

“Organization has a formal conflict of interest policy. The conflict of interest policy does not allow any board member or officer to conduct business with the organization. The policy is strictly enforced. The policy is provided to the board members and all officers and key employees.”

Form 990, Part VI, Section B, Line 15

“The chief executive officer's salary is reviewed and approved by the board of directors. The chief executive's performance is evaluated by the board. Salary survey information is used by the boards in determining officer salary amounts. The salary review included comparables, services performed, complexity of duties and the type of organization.”

Form 990, Part VI, Section C, Line 19

“Northshore housing intiative, inc provides its financial information to the public upon request of any person. The governing documents, conflict of interest policy, whistle blower policy and financials are available upon request.”

Filing and Contact Details

Filer

Filer Name
Northshore Housing Initiative Inc
EIN
10-0131835
Phone
9858933172
Address
222 NORTH VERMONT STREET 201C, COVINGTON, LA 70433

Signing Officer

Name
Jennifer Dexter
Title
Executive Director
Phone
9858933172
Signed
2023-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Dexter
Formed
2001
Voting Board Members
8
Independent Board Members
7
Employees
1
Volunteers
7

Preparer

Firm
BERNARD & FRANKS CORP OF CPA'S
Address
4141 VETERANS BLVD SUITE 313, METAIRIE, LA 70002-5581
Preparer
James L White
Phone
5048850170
Raw XML Appendix392 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt08583
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE AFFORDABLE HOUSING FOR THE NORTHSHORE AREA.
IRS990/AllOtherContributionsAmt012000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum09858933172
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 NORTH VERMONT STREET 201C
IRS990/BooksInCareOfDetail/USAddress/CityNm0COVINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0LA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd070433
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt076145
IRS990/CashNonInterestBearingGrp/EOYAmt068657
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt024842
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt020960
IRS990/CYOtherRevenueAmt040925
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-24718
IRS990/CYSalariesCompEmpBnftPaidAmt069525
IRS990/CYTotalExpensesAmt090485
IRS990/CYTotalFundraisingExpenseAmt03703
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt065767
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0THE ORGANIZATION CURRENTLY OPERATES AN OWNER IDENTIFIED HOMEOWNERSHIP PROGRAM. ONCE QUALIFIED FOR THE LAND PURCHASE GRANT THE HOMEOWNER PRE-QUALIFIES WITH A LENDING PARTNER AND FINDS THE HOUSE THEY WISH TO PURCHASE. THROUGH LOCAL PARTNERSHIPS THE ORGANIZATION PROVIDES HOMEBUYER AND FINANCIAL LITERACY TRAINING AND INSURES SAFE AND AFFORDABLE MORTGAGES FOR HOMEBUYERS. THE OWNER IDENTIFIED PROGRAM HAS CLOSED ON 17 PROPERTIES TO DATE. ST. TAMMANY PARISH GRANTS FUND THE LAND PURCHASES AND CERTAIN ORGANIZATIONAL OPERATING COSTS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt0620500
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0620500
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/EOYAmt011235
IRS990/ExpenseAmt068156
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt05000
IRS990/FeesForServicesAccountingGrp/TotalAmt05000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0610
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0400
IRS990/FeesForServicesOtherGrp/TotalAmt01010
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt740.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0NIXON ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm1EDWARD BEE
IRS990/Form990PartVIISectionAGrp/PersonNm2DAVID ROUSSEL
IRS990/Form990PartVIISectionAGrp/PersonNm3SCOTT GOODWILL
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES GRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm5MARY BURKELL
IRS990/Form990PartVIISectionAGrp/PersonNm6CINDY PETRY
IRS990/Form990PartVIISectionAGrp/PersonNm7JENNIFER DEXTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt757012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt012842
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt065767
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt02981
IRS990/InsuranceGrp/TotalAmt02981
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0620500
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0620500
IRS990/LandBldgEquipCostOrOtherBssAmt0620500
IRS990/LegalDomicileCountryCd0LA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0NORTHSHORE HOUSING INITIATIVE (NHI) IS A COMMUNITY LAND TRUST, A COMMUNITY BASED ORGANIZATION COMMITTED TO THE PERMANENT STEWARDSHIP OF LAND AND THE LONG-TERM AFFORDABILITY OF WORKFORCE HOUSING. USING A SHARED EQUITY MODEL, NHI HELPS MODERATE-INCOME HOMEBUYERS PURCHASE A HOME BY INVESTING IN THE LAND. THE LAND IS LEASED TO THE HOMEBUYER BY THE TRUST WITH A LONG-TERM LEASE THAT INCLUDES A RESALE FORMULA TO ENSURE AFFORDABILITY IS PRESERVED FOR THE NEXT HOMEBUYER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0698686
IRS990/NetAssetsOrFundBalancesEOYAmt0673968
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt078186
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt053468
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05100
IRS990/OccupancyGrp/TotalAmt05100
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0406
IRS990/OfficeExpensesGrp/TotalAmt0406
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0425
IRS990/OtherAssetsTotalGrp/EOYAmt0425
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0PAYROLL TAXES AND BENEF
IRS990/OtherExpensesGrp/Desc1PHONE
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3WEBSITE
IRS990/OtherExpensesGrp/FundraisingAmt0227
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0681
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt282
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt394
IRS990/OtherExpensesGrp/ProgramServicesAmt03633
IRS990/OtherExpensesGrp/ProgramServicesAmt1522
IRS990/OtherExpensesGrp/TotalAmt04541
IRS990/OtherExpensesGrp/TotalAmt11095
IRS990/OtherExpensesGrp/TotalAmt2604
IRS990/OtherExpensesGrp/TotalAmt394
IRS990/OtherLiabilitiesGrp/BOYAmt023267
IRS990/OtherLiabilitiesGrp/EOYAmt011403
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/BusinessCd1531390
IRS990/OtherRevenueMiscGrp/Desc0PROCEEDS FROM THE SALE
IRS990/OtherRevenueMiscGrp/Desc1LEASE FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt029000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt111925
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt029000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt111925
IRS990/OtherRevenueTotalAmt040925
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03476
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010429
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt055620
IRS990/OtherSalariesAndWagesGrp/TotalAmt069525
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt033466
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt07024
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JENNIFER DEXTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0179129
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt023330
IRS990/PYOtherRevenueAmt036605
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0131404
IRS990/PYSalariesCompEmpBnftPaidAmt061000
IRS990/PYTotalExpensesAmt084330
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0215734
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-24718
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt024842
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0192429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0103182
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0187903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0291715
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0800071
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt089610
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0800071
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt024842
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0192429
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0103182
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0187903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0291715
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0800071
IRS990ScheduleA/TotalSupportAmt0800071
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0620500
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0620500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0461320
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0159180
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0620500
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0461320
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0461320
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0409663
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt051657
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0461320
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0247500
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0162163
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0409663
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0620500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0620500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011403
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYROLL LIABILITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0620500
IRS990ScheduleD/TotalLiabilityAmt011403
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS AND A COPY WAS PROVIDED TO EACH BOARD MEMBER PRIOR TO THE MEETING TO READ AND STUDY. QUESTIONS FROM THE BOARD WERE ANSWERED BY MANAGEMENT AND BY THE CPA FIRM THAT PREPARED THE RETURN. ALL QUESTIONS WERE ANSWERED TO THE BOARD'S SATISFACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION HAS A FORMAL CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY DOES NOT ALLOW ANY BOARD MEMBER OR OFFICER TO CONDUCT BUSINESS WITH THE ORGANIZATION. THE POLICY IS STRICTLY ENFORCED. THE POLICY IS PROVIDED TO THE BOARD MEMBERS AND ALL OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CHIEF EXECUTIVE OFFICER'S SALARY IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE CHIEF EXECUTIVE'S PERFORMANCE IS EVALUATED BY THE BOARD. SALARY SURVEY INFORMATION IS USED BY THE BOARDS IN DETERMINING OFFICER SALARY AMOUNTS. THE SALARY REVIEW INCLUDED COMPARABLES, SERVICES PERFORMED, COMPLEXITY OF DUTIES AND THE TYPE OF ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NORTHSHORE HOUSING INTIATIVE, INC PROVIDES ITS FINANCIAL INFORMATION TO THE PUBLIC UPON REQUEST OF ANY PERSON. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLE BLOWER POLICY AND FINANCIALS ARE AVAILABLE 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 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0730536
IRS990/TotalAssetsEOYAmt0696606
IRS990/TotalAssetsGrp/BOYAmt0730536
IRS990/TotalAssetsGrp/EOYAmt0696606
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt024842
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03703
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt018626
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt068156
IRS990/TotalFunctionalExpensesGrp/TotalAmt090485
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt031850
IRS990/TotalLiabilitiesEOYAmt022638
IRS990/TotalLiabilitiesGrp/BOYAmt031850
IRS990/TotalLiabilitiesGrp/EOYAmt022638
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0698686
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0673968
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt068156
IRS990/TotalReportableCompFromOrgAmt057012
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt040925
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt065767
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0730536
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0696606
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt0129
IRS990/TravelGrp/TotalAmt0129
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0222 NORTH VERMONT STREET 201C
IRS990/USAddress/CityNm0COVINGTON
IRS990/USAddress/StateAbbreviationCd0LA
IRS990/USAddress/ZIPCd070433
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://WWW.NORTHSHORELANDTRUST.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER DEXTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09858933172
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTHSHORE HOUSING INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0100131835
ReturnHeader/Filer/PhoneNum09858933172
ReturnHeader/Filer/USAddress/AddressLine1Txt0222 NORTH VERMONT STREET 201C
ReturnHeader/Filer/USAddress/CityNm0COVINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0LA
ReturnHeader/Filer/USAddress/ZIPCd070433
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0720916213
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD & FRANKS CORP OF CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04141 VETERANS BLVD SUITE 313
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0METAIRIE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0LA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0700025581
ReturnHeader/PreparerPersonGrp/PhoneNum05048850170
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES L WHITE
ReturnHeader/ReturnTs02023-05-10T09:41:02-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DEXTER
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.