Civic Intelligence

Community Cooperative Development Foundation Oh Inc

990 • Fiscal year 2019 • EIN 13-4240999

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

1087 Broad Street 2nd FloorBridgeport, CT 06604

(203) 384-1594

Siviq Scores

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

Liabilities / Assets

91st percentile

0.64x

Higher debt load relative to assets than 91% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

2.26x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

12th percentile

-31%

Higher net margin than 12% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

39th percentile

-2.7%

Faster asset growth than 39% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

50th percentile

1.3%

Faster revenue growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$476,797

Down $13,422 (-2.7%) from 2018

Net Assets

Down

$173,613

Down $41,508 (-19%) from 2018

Liabilities

Up

$303,184

Up $28,086 (+10%) from 2018

Revenue

Up

$134,168

Up $1,666 (+1.3%) from 2018

Expenses

Up

$175,676

Up $74,300 (+73%) from 2018

Net Income

Down

-$41,508

Down $72,634 (-233%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,064,790Liabilities 2010: $1,847,418Net Assets 2010: -$782,6282010Assets 2011: $1,048,153Liabilities 2011: $1,761,199Net Assets 2011: -$713,0462011Assets 2012: $1,097,156Liabilities 2012: $1,656,858Net Assets 2012: -$559,7022012Assets 2013: $271,389Net Assets 2013: $271,3892013Assets 2014: $429,996Liabilities 2014: $298,598Net Assets 2014: $131,3982014Assets 2015: $496,119Liabilities 2015: $329,932Net Assets 2015: $166,1872015Assets 2016: $451,698Liabilities 2016: $303,936Net Assets 2016: $147,7622016Assets 2017: $471,067Liabilities 2017: $287,072Net Assets 2017: $183,9952017Assets 2018: $490,219Liabilities 2018: $275,098Net Assets 2018: $215,1212018Assets 2019: $476,797Liabilities 2019: $303,184Net Assets 2019: $173,6132019

Highlighted filing

2019

Assets$476,797
Liabilities$303,184
Net Assets$173,613

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $858,200Expenses 2010: $771,225Net Income 2010: $86,9752010Revenue 2011: $837,301Expenses 2011: $751,001Net Income 2011: $86,3002011Expenses 2012: $380,3192012Revenue 2013: $12,100Expenses 2013: $141,286Net Income 2013: -$129,1862013Revenue 2014: $121,945Expenses 2014: $106,413Net Income 2014: $15,5322014Revenue 2015: $225,132Expenses 2015: $190,343Net Income 2015: $34,7892015Revenue 2016: $142,384Expenses 2016: $160,809Net Income 2016: -$18,4252016Revenue 2017: $266,047Expenses 2017: $229,814Net Income 2017: $36,2332017Revenue 2018: $132,502Expenses 2018: $101,376Net Income 2018: $31,1262018Revenue 2019: $134,168Expenses 2019: $175,676Net Income 2019: -$41,5082019

Highlighted filing

2019

Revenue$134,168
Expenses$175,676
Net Income-$41,508
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.1
Gross Receipts
$134,168
Mission and Program Overview

Mission

LOW-INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$434,846$418,419▼ $16,427
Other Notes and Loans Receivable, Net-$10,000-
Cash and Non-Interest-Bearing Accounts$5,373$-1,622▼ $6,995
Total Assets$490,219$476,797▼ $13,422
Other Assets Total$50,000$50,000→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$214,027$242,113▲ $28,086
Accounts Payable and Accrued Expenses$61,071$61,071→ $0
Total Liabilities$275,098$303,184▲ $28,086
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$215,121$173,613▼ $41,508
Total Net Assets Fund Balance$215,121$173,613▼ $41,508
Total Liabilities and Net Assets / Fund Balance$490,219$476,797▼ $13,422

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$266,300$73,000$339,300
Land$95,700-$95,700
Leasehold Improvements$56,419$6,603$63,022
Other Assets Org$50,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Willie BensonPresident
James DancyVice President
Lock P BeachumTrustee
Thomas McmillianTrustee
William SmootTrustee
Paulette TaylorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$134,168
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-41,508
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$175,676
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$88,677--$88,677
Fees for Services Management$39,585--$39,585
Interest$18,318--$18,318
Depreciation Depletion-$16,427-$16,427
Other Expenses$2,535$2,754-$2,535
Fees for Services Legal-$1,225-$1,225
Fees for Services Accounting$500--$500
Office Expenses-$224-$224
Total Functional Expenses$155,046$20,630$0$175,676
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Governing body meeting documentation Part VI line 8A

Minutes of meetings are documented and maintained at the organizations headquarterswhenever the board meets.

Committee meeting documentation Part VI line 8B

All minutes of meetings of committees are documented and maintained at theorganizations headquarters.

Form 990 governing body review Part VI line 11

Upon completion of the 990 by independent accountant, a copy is given to the executivedirector for review and approval. The executive director upon receipt of the tax form thenschedules a meeting with members of the organizations finance committee to review theform. Questions if any are then presented to the accountant for clarification. Uponsatisfactory clarification of all questions, the 990 is approved by the board and the accountant is instructed to finalize the return.

Conflict of interest policy compliance Part VI line 12C

The issue of whether a conflict of interest exist is routinely considered during boardmeetings when the board is engaged in discussion relating to activities conducted by theorganization, entering into a contract, hiring personnel etc.

CEO executive director top management comp Part VI line 15A

In determining the compensation for the organizations executive director and keyemployees, the organizations board considers the following factors:1) level of education.2) experience.3) compensation paid by other similar organizations.4) financial status of the organization.the board also consults with an outside personnel agency. All discussions pertaining tothe decision reached is documented.

Other officer or key employee compensation Part VI line 15B

The organization follows the same procedures used for ceo, executive dir and topmanagement. See write-up of procedures in part vi, line 15a.

Governing documents etc available to public Part VI line 19

The organizations governing documents, conflict of interest policy and financialstatements are maintained at the organiztions headquarters and are available to thepublic upon request.

Filing and Contact Details

Filer

Filer Name
Community Coop Dev Foundation Ohin
EIN
13-4240999
Address
1087 BROAD STREET 2ND FLOOR, Bridgeport, CT 06604

Signing Officer

Name
James Dancy
Title
Executive Direc
Phone
2162926120
Signed
2020-11-12
Discuss with paid preparer
No

Organization Details

Formed
2003
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Samuel N Wilson Jr CPA
Address
1000 Lafayette Blvd Ste 408, Bridgeport, CT 06604
Preparer
Samuel N Wilson Jr
Phone
2033686086
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

SEE ATTACHED SCHEDULE

Raw XML Appendix361 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MINUTES OF MEETINGS ARE DOCUMENTED AND MAINTAINED AT THE ORGANIZATIONS HEADQUARTERSWHENEVER THE BOARD MEETS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL MINUTES OF MEETINGS OF COMMITTEES ARE DOCUMENTED AND MAINTAINED AT THEORGANIZATIONS HEADQUARTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON COMPLETION OF THE 990 BY INDEPENDENT ACCOUNTANT, A COPY IS GIVEN TO THE EXECUTIVEDIRECTOR FOR REVIEW AND APPROVAL. THE EXECUTIVE DIRECTOR UPON RECEIPT OF THE TAX FORM THENSCHEDULES A MEETING WITH MEMBERS OF THE ORGANIZATIONS FINANCE COMMITTEE TO REVIEW THEFORM. QUESTIONS IF ANY ARE THEN PRESENTED TO THE ACCOUNTANT FOR CLARIFICATION. UPONSATISFACTORY CLARIFICATION OF ALL QUESTIONS, THE 990 IS APPROVED BY THE BOARD AND THE ACCOUNTANT IS INSTRUCTED TO FINALIZE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ISSUE OF WHETHER A CONFLICT OF INTEREST EXIST IS ROUTINELY CONSIDERED DURING BOARDMEETINGS WHEN THE BOARD IS ENGAGED IN DISCUSSION RELATING TO ACTIVITIES CONDUCTED BY THEORGANIZATION, ENTERING INTO A CONTRACT, HIRING PERSONNEL ETC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN DETERMINING THE COMPENSATION FOR THE ORGANIZATIONS EXECUTIVE DIRECTOR AND KEYEMPLOYEES, THE ORGANIZATIONS BOARD CONSIDERS THE FOLLOWING FACTORS:1) LEVEL OF EDUCATION.2) EXPERIENCE.3) COMPENSATION PAID BY OTHER SIMILAR ORGANIZATIONS.4) FINANCIAL STATUS OF THE ORGANIZATION.THE BOARD ALSO CONSULTS WITH AN OUTSIDE PERSONNEL AGENCY. ALL DISCUSSIONS PERTAINING TOTHE DECISION REACHED IS DOCUMENTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION FOLLOWS THE SAME PROCEDURES USED FOR CEO, EXECUTIVE DIR AND TOPMANAGEMENT. SEE WRITE-UP OF PROCEDURES IN PART VI, LINE 15A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIALSTATEMENTS ARE MAINTAINED AT THE ORGANIZTIONS HEADQUARTERS AND ARE AVAILABLE TO THEPUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SEE ATTACHED SCHEDULE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Governing body meeting documentation Part VI line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Committee meeting documentation Part VI line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7List of other expenses Part IX line 24e
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0134168
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES DANCY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum02162926120
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0COMMUNITY COOP DEV FOUNDATION OHIN
ReturnHeader/Filer/BusinessNameControlTxt0COMM
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ReturnHeader/Filer/USAddress/AddressLine1Txt01087 BROAD STREET 2ND FLOOR
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0600869058237679916043D2AF2F90CC46DBE5A98
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0600869058237679916043D2AF2F90CC46DBE5A98
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ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02020-11-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.190.237.224
ReturnHeader/FilingSecurityInformation/IPDt02020-11-14
ReturnHeader/FilingSecurityInformation/IPTm012:27:17
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Samuel N Wilson Jr CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01000 Lafayette Blvd Ste 408
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Bridgeport
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006604
ReturnHeader/PreparerPersonGrp/PhoneNum02033686086
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Samuel N Wilson Jr
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-14T12:25:46-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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