Civic Intelligence

Neighborhood Partnership Housing Development Fund Company Inc.

990 • Fiscal year 2013 • EIN 13-3811616

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 15, 2014

1 whitehall street 11th floorSuiteNew York, NY 10004

(410) 964-1230

Siviq Scores

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

Liabilities / Assets

77th percentile

0.97x

Higher debt load relative to assets than 77% of similar nonprofits.

2013 filings • NTEE L • <$500k nonprofits • Source year 2013

Liabilities / Revenue

74th percentile

1.70x

Higher debt load relative to revenue than 74% of similar nonprofits.

2013 filings • NTEE L • <$500k nonprofits • Source year 2013

Net Margin

88th percentile

57%

Higher net margin than 88% of similar nonprofits.

2013 filings • NTEE L • <$500k nonprofits • Source year 2013

Top Officer Pay

99th percentile

$350,487

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 169.0% of source-year revenue.

2013 filings • NTEE L • <$500k nonprofits • Source year 2013

Asset Growth

4th percentile

-70%

Faster asset growth than 4% of similar nonprofits.

2013 filings • NTEE L • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

14th percentile

-31%

Faster revenue growth than 14% of similar nonprofits.

2013 filings • NTEE L • <$500k nonprofits • Annualized from 2011 to 2013

Assets

Down

$362,901

Down $843,428 (-70%) from 2012

Net Assets

Up

$10,546

Up $118,565 (+110%) from 2012

Liabilities

Down

$352,355

Down $961,993 (-73%) from 2012

Revenue

$207,366

No earlier filing loaded for comparison.

Expenses

Down

$88,801

Down $264,213 (-75%) from 2012

Net Income

$118,565

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,213,826Liabilities 2011: $1,226,412Net Assets 2011: -$12,5862011Assets 2012: $1,206,329Liabilities 2012: $1,314,348Net Assets 2012: -$108,0192012Assets 2013: $362,901Liabilities 2013: $352,355Net Assets 2013: $10,5462013Assets 2014: $267,661Liabilities 2014: $237,624Net Assets 2014: $30,0372014Assets 2016: $255,347Liabilities 2016: $227,952Net Assets 2016: $27,3952016Assets 2018: $255,032Liabilities 2018: $227,977Net Assets 2018: $27,0552018Assets 2019: $233,746Liabilities 2019: $209,572Net Assets 2019: $24,1742019Assets 2020: $233,409Liabilities 2020: $209,595Net Assets 2020: $23,8142020Assets 2021: $72,473Liabilities 2021: $56,260Net Assets 2021: $16,2132021Assets 2022: $72,118Liabilities 2022: $0Net Assets 2022: $72,1182022Assets 2023: $68,881Liabilities 2023: $0Net Assets 2023: $68,8812023Assets 2024: $68,883Liabilities 2024: $0Net Assets 2024: $68,8832024

Highlighted filing

2013

Assets$362,901
Liabilities$352,355
Net Assets$10,546

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $435,668Expenses 2011: $448,254Net Income 2011: -$12,5862011Expenses 2012: $353,0142012Revenue 2013: $207,366Expenses 2013: $88,801Net Income 2013: $118,5652013Revenue 2014: $75,285Expenses 2014: $55,794Net Income 2014: $19,4912014Revenue 2016: $0Expenses 2016: $347Net Income 2016: -$3472016Revenue 2018: $0Expenses 2018: $340Net Income 2018: -$3402018Revenue 2019: $1,357Expenses 2019: $3,818Net Income 2019: -$2,4612019Revenue 2020: $0Expenses 2020: $360Net Income 2020: -$3602020Revenue 2021: $150,000Expenses 2021: $157,601Net Income 2021: -$7,6012021Revenue 2022: $56,265Expenses 2022: $360Net Income 2022: $55,9052022Revenue 2023: $3Expenses 2023: $3,240Net Income 2023: -$3,2372023Revenue 2024: $2Expenses 2024: $0Net Income 2024: $22024

Highlighted filing

2013

Revenue$207,366
Expenses$88,801
Net Income$118,565
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 15, 2014
Return Version
2013v3.1
Gross Receipts
$207,366
Mission and Program Overview

Mission

To facilitate the disposition and rehabilitation of certain city-owned parcels of real property.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$477,860$359,911▼ $117,949
Other Notes and Loans Receivable, Net$728,360$2,870▼ $725,490
Accounts Receivable$109$120▲ $11
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,206,329$362,901▼ $843,428
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$466,757$349,485▼ $117,272
Mortgage Notes Payable Secured by Investment Property$847,591$2,870▼ $844,721
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,314,348$352,355▼ $961,993
Net Assets / Fund Balance
Unrestricted Net Assets$-108,019$10,546▲ $118,565
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$-108,019$10,546▲ $118,565
Total Liabilities and Net Assets / Fund Balance$1,206,329$362,901▼ $843,428
Compensation and Service Providers

Employees

NameTitleOtherTotal
Lydia TomSecretary$140,417$140,417
Lisa L TalmaDirector$139,187$139,187

Board Members and Trustees

NameTitle
Abby Jo Sigalpresident
Denise Notice-scottVice President
Faith E ThomasVice President
William Freyvice PRESIDENT
Alex AvitabileAsst. Secretary
Michael Mcneelytreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
None---
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$207,348
Investment Income
$18
Other Revenue
$0
Change in Net Assets
$118,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$46,137
Other Expenses$42,664
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$37,207--$37,207
Other Expenses$26,759$13,850$0$13,850
Other Employee Benefits$8,930--$8,930
Fees for Services Accounting$2,030--$2,030
Total Functional Expenses$74,951$13,850$0$88,801
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$272,249
Due to Ecp, Inc$77,236
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

part VI, section A, line 8B

NO SEPaRATE COMMITTEE. ONLY BOARD

part VI, section B, line 11

THE BOARD IS GIVEN A COPY OF THE Form 990 to review, IT IS DISCUSSED in the BOARD MEETING and approved in advance of filing.

Part VI, Section B, Line 12C

an annual conflict of interest disclosure exercise is performed by the organization each january. this exercise requires each employee to read the business ethics policy and complete the conflict of interest disclosure form indentifying any possible conflicts known by the employee. the chief audit executive reviews and approves the document content and follows up on any concerns with the employee. new employees are also required to complete this conflict of interest disclosure form upon hiring. a log is maintained of any documented conflicts for future referencing. All board members complete A conflict of interest disclosure annually.

Part VI, Section B, Line 15

With the exception of one independent board member, all Neighborhood Partnership Housing Dev. Fund Co. board members are also employees of the parent company, Enterprise Community Partners, Inc. The board of directors of the parent organization discusses and approves the officer's compensation including indirect utilization of comparable data gathered for the parent company. Compensation is benchmarked against ranges established for the parent company. This process is documented through the board meeting minutes.

part VI, section C, LINE 19

Documents are made available to the public upon request.

Part VI, Section A, Line 9

The following individuals listed in "part vii, section a" cannot be reached at the organization's mailing address. Their name and the address for where they can be reached is as follows: governance part vi, section a, line 9 - continued denise-notice-scott lisc 501 seventh ave., 7th floor new york, ny 10018

Filing and Contact Details

Filer

EIN
13-3811616
In Care Of
% MICHAEL MCNEELY
Phone
4109641230

Signing Officer

Name
michael mcneely
Title
treasurer
Phone
4107226016
Signed
2014-06-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Abby Jo Segal President
Formed
1995
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
1
Employees
0

Preparer

Preparer
Ed Ryan CPA
Phone
3016529100
Supplemental Narrative

Financial Statement Notes

Part X, Line 1

Neighborhood partnership housing dev. Fund co did not have any unrelated business income during the year ended december 31, 2013. Accordingly, no provision or benefit for income taxes has been recorded.

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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10ENTERPRISE COMMUNITY PARTNERS INC
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ECP, INC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FUNDS HELD FOR OTHERS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NEIGHBORHOOD PARTNERSHIP HOUSING DEV. FUND CO DID NOT HAVE ANY UNRELATED BUSINESS INCOME DURING THE YEAR ENDED DECEMBER 31, 2013. ACCORDINGLY, NO PROVISION OR BENEFIT FOR INCOME TAXES HAS BEEN RECORDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 1
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM FREY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1FAITH E THOMAS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2ABBY JO SIGAL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ALEX AVITABILE

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