Civic Intelligence

Block 3 Community Urban Redevelopment Corporation

990 • Fiscal year 2021 • EIN 14-1873450

Aug 01, 2020 to Jul 31, 2021 • Filed on Apr 21, 2022

Organization ProfileN/A
2510 Ohio Avenue No CCincinnati, OH 45219

(513) 564-0078

Siviq Scores

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

Liabilities / Assets

98th percentile

1.43x

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

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

7.85x

Higher debt load relative to revenue than 96% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

49th percentile

11%

Higher net margin than 49% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

17th percentile

$122,000

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

15th percentile

-2.3%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

30th percentile

0.9%

Faster revenue growth than 30% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$43,753,173

Down $1,007,286 (-2.3%) from 2020

Net Assets

Up

-$18,629,830

Up $4,011,797 (+18%) from 2020

Liabilities

Down

$62,383,003

Down $5,019,083 (-7.4%) from 2020

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin49th percentile

Revenue

Up

$7,948,144

Up $70,275 (+0.9%) from 2020

Expenses

Up

$7,039,072

Up $184,951 (+2.7%) from 2020

Net Income

Down

$909,072

Down $114,676 (-11%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$100M$50M$0-$50MAssets 2011: $58,009,014Liabilities 2011: $76,910,817Net Assets 2011: -$18,901,8032011Assets 2012: $57,116,584Liabilities 2012: $84,014,869Net Assets 2012: -$26,898,2852012Assets 2013: $56,401,181Liabilities 2013: $77,142,412Net Assets 2013: -$20,741,2312013Assets 2014: $54,655,309Liabilities 2014: $76,644,397Net Assets 2014: -$21,989,0882014Assets 2015: $52,394,414Liabilities 2015: $76,024,062Net Assets 2015: -$23,629,6482015Assets 2016: $51,238,217Liabilities 2016: $77,957,052Net Assets 2016: -$26,718,8352016Assets 2017: $49,206,080Liabilities 2017: $71,265,408Net Assets 2017: -$22,059,3282017Assets 2018: $48,520,562Liabilities 2018: $66,981,897Net Assets 2018: -$18,461,3352018Assets 2019: $46,155,205Liabilities 2019: $66,404,761Net Assets 2019: -$20,249,5562019Assets 2020: $44,760,459Liabilities 2020: $67,402,086Net Assets 2020: -$22,641,6272020Assets 2021: $43,753,173Liabilities 2021: $62,383,003Net Assets 2021: -$18,629,8302021Assets 2022: $42,525,355Liabilities 2022: $56,011,678Net Assets 2022: -$13,486,3232022Assets 2023: $41,282,612Liabilities 2023: $50,476,266Net Assets 2023: -$9,193,6542023Assets 2024: $39,542,291Liabilities 2024: $46,717,734Net Assets 2024: -$7,175,4432024

Highlighted filing

2021

Assets$43,753,173
Liabilities$62,383,003
Net Assets-$18,629,830
Open 2021 Filing

Operations Trend

Revenue Growth30th percentile

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

$10M$5.0M$0-$5.0MRevenue 2011: $6,258,086Expenses 2011: $7,936,786Net Income 2011: -$1,678,7002011Expenses 2012: $7,945,3312012Revenue 2013: $6,917,143Expenses 2013: $7,427,559Net Income 2013: -$510,4162013Revenue 2014: $6,897,157Expenses 2014: $7,593,925Net Income 2014: -$696,7682014Revenue 2015: $7,237,548Expenses 2015: $7,501,483Net Income 2015: -$263,9352015Revenue 2016: $7,444,088Expenses 2016: $7,463,182Net Income 2016: -$19,0942016Revenue 2017: $7,732,859Expenses 2017: $7,497,048Net Income 2017: $235,8112017Revenue 2018: $7,957,257Expenses 2018: $7,338,231Net Income 2018: $619,0262018Revenue 2019: $7,766,804Expenses 2019: $7,186,271Net Income 2019: $580,5332019Revenue 2020: $7,877,869Expenses 2020: $6,854,121Net Income 2020: $1,023,7482020Revenue 2021: $7,948,144Expenses 2021: $7,039,072Net Income 2021: $909,0722021Revenue 2022: $8,303,549Expenses 2022: $7,387,627Net Income 2022: $915,9222022Revenue 2023: $8,712,081Expenses 2023: $7,108,299Net Income 2023: $1,603,7822023Revenue 2024: $8,639,499Expenses 2024: $6,827,968Net Income 2024: $1,811,5312024

Highlighted filing

2021

Revenue$7,948,144
Expenses$7,039,072
Net Income$909,072
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Apr 21, 2022
Return Version
2020v4.2
Gross Receipts
$8,937,565
Mission and Program Overview

Mission

Redevelopment of blighted urban areas by development of real property primarily for student housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$36,439,191$35,004,720▼ $1,434,471
Savings and Temporary Cash Investments$3,539,208$4,739,632▲ $1,200,424
Investments Other Securities$3,457,005$3,457,005→ $0
Cash and Non-Interest-Bearing Accounts$311,504$411,905▲ $100,401
Accounts Receivable$233,123$36,637▼ $196,486
Prepaid Expenses and Deferred Charges$2,809$2,141▼ $668
Total Assets$44,083,498$43,753,173▼ $330,325
Other Assets Total$100,658$101,133▲ $475
Liabilities
Tax Exempt Bond Liabilities$41,035,000$39,415,000▼ $1,620,000
Mortgage Notes Payable Secured by Investment Property$10,709,712$10,709,712→ $0
Other Liabilities$12,090,685$9,030,478▼ $3,060,207
Accounts Payable and Accrued Expenses$2,657,260$2,137,817▼ $519,443
Deferred Revenue$23,836$868,846▲ $845,010
Unsecured Notes Loans Payable$208,632$221,150▲ $12,518
Total Liabilities$66,725,125$62,383,003▼ $4,342,122
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-22,641,627$-18,629,830▲ $4,011,797
Total Net Assets Fund Balance$-22,641,627$-18,629,830▲ $4,011,797
Total Liabilities and Net Assets / Fund Balance$44,083,498$43,753,173▼ $330,325

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$28,383,399$19,348,674$47,732,073
Equipment$532,730$2,108,705$2,641,435
Other Land Buildings$6,088,591$5,517,729$1,282,920
Other Securities$3,457,005--
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Matthew BourgeoisDirectorPT$122,000$122,000

Board Members and Trustees

NameTitle
Daniel DeeringPresident
John DuboisVice President
Chip KussmaulTrustee
Tom ErbeckSecretary
Megan SmithTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
University Of CincinnatiManagement ServicesMARIAN SPENCER HALL 2911 SCIOTO LAN, Cincinnati, OH 45219$300,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,511,552
Investment Income
$175,548
Other Revenue
$261,044
Change in Net Assets
$909,072

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,948,144
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,092,146
Total Revenue per Audited Statements
$12,040,290
Total Revenue per Form 990
$7,948,144
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,039,072
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
Occupancy$2,031,419$97,426-$2,128,845
Interest$1,949,660--$1,949,660
Depreciation Depletion$1,502,079$35,570-$1,537,649
Fees for Services Management$300,003--$300,003
Insurance$133,078--$133,078
All Other Expenses$38,876$186-$39,062
Other Expenses$28,389$38,347-$28,389
Fees for Services Accounting$15,138--$15,138
Fees for Services Legal$3,822--$3,822
Total Functional Expenses$6,663,886$375,186$0$7,039,072

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,028,493
Expenses per Audited Statements$7,039,072
Total Expenses per Form 990$7,039,072
Expenses Not Reported on Form 990$989,421
Expenses Not Reported on Financial Statements$0
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
Interest Rate Swap$9,665,143
Bond Issue Fees$-634,665

Bond Issues

BondIssuerIssuedIssue PricePurpose
ASeries 2004-county of Hamilton Oh2004-07-01$54,570,000Contruction of student housing

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$54,570,000-$15,155,000$1,357,005

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
No
Corrective action procedures
No
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 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
No
Other officer compensation reviewed
No
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

“Federal form 990 is reviewed by the board of directors prior to filing.”

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

“It is the responsibility of the member to disclose any possible conflict of interest with the board or committee with regards to any proposed transactions or arrangements.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Block 3 Community Urban Redevelopment
EIN
14-1873450
Phone
5135640078
Address
2510 OHIO AVENUE NO C, CINCINNATI, OH 45219

Signing Officer

Name
Matthew P Bourgeois
Title
President
Phone
5135640078
Signed
2022-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Deering
Formed
2003
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Clark Schaefer Hackett & Co
Address
1 EAST 4TH STREET, CINCINNATI, OH 45202
Preparer
Jane E Pfeifer
Phone
5132413111
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“Process has not changed from prior year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a tax-exempt organization qualifying under internal revenue code section 501(c)(3). The organization recognizes tax positions based on a "more likely than not" threshold. This applies to positions taken or expected to be taken in a tax return. The organization does not believe its financial statements include any uncertain tax positions. The organization's policy with regards to interest and penalties is to recognize interest through interest expense and penalties through other expense. In evaluating the organization's tax provision and tax-exempt status, interpretations and tax planning strategies were considered.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Direct rental costs 989,421.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Direct rental costs 989,421.”

Raw XML AppendixShowing 400 of 546 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/OtherExpensesGrp/Desc0LETTER OF CREDIT FEES
IRS990/OtherExpensesGrp/Desc1OVERHEAD
IRS990/OtherExpensesGrp/Desc2PARKING LOT EXPENSE
IRS990/OtherExpensesGrp/Desc3REMARKETING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0203657
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt138347
IRS990/OtherExpensesGrp/ProgramServicesAmt0490079
IRS990/OtherExpensesGrp/ProgramServicesAmt1171343
IRS990/OtherExpensesGrp/ProgramServicesAmt228389
IRS990/OtherExpensesGrp/TotalAmt0490079
IRS990/OtherExpensesGrp/TotalAmt1375000
IRS990/OtherExpensesGrp/TotalAmt238347
IRS990/OtherExpensesGrp/TotalAmt328389
IRS990/OtherLiabilitiesGrp/BOYAmt012090685
IRS990/OtherLiabilitiesGrp/EOYAmt09030478
IRS990/OtherRevenueMiscGrp/BusinessCd0812930
IRS990/OtherRevenueMiscGrp/Desc0PARKING REVENUE
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0129132
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0129132
IRS990/OtherRevenueTotalAmt0129132
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02809
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02141
IRS990/PrincipalOfficerNm0DANIEL DEERING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0STUDENT HOUSING RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07511552
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07511552
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION PROVIDES STUDENT HOUSING FOR STUDENTS OF THE UNIVERSITY OF CINCINNATI. THE ORGANIZATION HAS ATTRACTED A SUBSTANTIAL NUMBER OF STUDENTS WHO RESIDE AT THE ORGANIZATION'S HOUSING FACILITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03212147
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt07511552
IRS990/ProgSrvcAccomActy3Grp/Desc0THE ORGANIZATION CONSTRUCTED STUDENT HOUSING. THE EXPENSE REFLECTS THE DEPRECIATION EXPENSE ON THE STUDENT HOUSING BUILDING.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01502079
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0193333
IRS990/PYOtherExpensesAmt06736343
IRS990/PYOtherRevenueAmt0337355
IRS990/PYProgramServiceRevenueAmt07347181
IRS990/PYRevenuesLessExpensesAmt01023748
IRS990/PYSalariesCompEmpBnftPaidAmt0117778
IRS990/PYTotalExpensesAmt06854121
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07877869
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0909072
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0131912
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03539208
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04739632
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0311682502
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CLIFTON HEIGHTS COMMUNITY REDEVLOPMENT CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt028383399
IRS990ScheduleD/BuildingsGrp/DepreciationAmt019348674
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt047732073
IRS990ScheduleD/EquipmentGrp/BookValueAmt0532730
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02108705
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02641435
IRS990ScheduleD/ExpensesNotReportedAmt0989421
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07039072
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt03102725
IRS990ScheduleD/OtherExpensesIncludedAmt0989421
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06088591
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05517729
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt010323400
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01282920
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt09665143
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1-634665
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTEREST RATE SWAP
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BOND ISSUE FEES
IRS990ScheduleD/OtherRevenueAmt0989421
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt03457005
IRS990ScheduleD/OtherSecuritiesGrp/Desc0GUARANTEED INVESTMENT CONTRACT
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt04092146
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07948144
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION QUALIFYING UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE ORGANIZATION RECOGNIZES TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S POLICY WITH REGARDS TO INTEREST AND PENALTIES IS TO RECOGNIZE INTEREST THROUGH INTEREST EXPENSE AND PENALTIES THROUGH OTHER EXPENSE. IN EVALUATING THE ORGANIZATION'S TAX PROVISION AND TAX-EXEMPT STATUS, INTERPRETATIONS AND TAX PLANNING STRATEGIES WERE CONSIDERED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1DIRECT RENTAL COSTS 989,421.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2DIRECT RENTAL COSTS 989,421.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt035004720
IRS990ScheduleD/TotalBookValueSecuritiesAmt03457005
IRS990ScheduleD/TotalExpensesPerForm990Amt07039072
IRS990ScheduleD/TotalLiabilityAmt09030478
IRS990ScheduleD/TotalRevenuePerForm990Amt07948144
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012040290
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08028493
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GICProviderName/BusinessNameLine1Txt0AEGON
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeProviderName/BusinessNameLine1Txt0CITIZENS BANK
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeTerminatedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RegulatorySafeHarborStsfdInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/SuperintegratedHedgeInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfGICPct0384.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/TermOfHedgePct0360.000000000000
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02004-07-01
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0316000063
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0NONEAVAIL
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt054570000
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0SERIES 2004-COUNTY OF HAMILTON OH
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0CONTRUCTION OF STUDENT HOUSING
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/EngageBondCounselContractsInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd01
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/PrivateBusUseByOthersPct00.02000
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/TotalPrivateBusinessUsePct00.02000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CapitalExpendituresAmt053212995
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt01357005
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RetiredAmt015155000
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt054570000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FEDERAL FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS THE RESPONSIBILITY OF THE MEMBER TO DISCLOSE ANY POSSIBLE CONFLICT OF INTEREST WITH THE BOARD OR COMMITTEE WITH REGARDS TO ANY PROPOSED TRANSACTIONS OR ARRANGEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,753,173
Liabilities
$62,383,003
Net assets
-$18,629,830
Revenue
$7,948,144
Expenses
$7,039,072
Net income
$909,072
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.5$46.7$7.18$8.64$6.83$1.81
2023Detailed filing. Detailed filing data is available for this year.$41.3$50.5$9.19$8.71$7.11$1.60
2022Detailed filing. Detailed filing data is available for this year.$42.5$56.0$13.5$8.30$7.39$0.92
2021Detailed filing. Detailed filing data is available for this year.$43.8$62.4$18.6$7.95$7.04$0.91
2020Detailed filing. Detailed filing data is available for this year.$44.8$67.4$22.6$7.88$6.85$1.02
2019Detailed filing. Detailed filing data is available for this year.$46.2$66.4$20.2$7.77$7.19$0.58
2018Detailed filing. Detailed filing data is available for this year.$48.5$67.0$18.5$7.96$7.34$0.62
2017Detailed filing. Detailed filing data is available for this year.$49.2$71.3$22.1$7.73$7.50$0.24
2016Detailed filing. Detailed filing data is available for this year.$51.2$78.0$26.7$7.44$7.46$0.02
2015Detailed filing. Detailed filing data is available for this year.$52.4$76.0$23.6$7.24$7.50$0.26
2014Detailed filing. Detailed filing data is available for this year.$54.7$76.6$22.0$6.90$7.59$0.70
2013Summary only. Only limited summary data is available for this year.$56.4$77.1$20.7$6.92$7.43$0.51
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.1$84.0$26.9$7.95
2011Summary only. Only limited summary data is available for this year.$58.0$76.9$18.9$6.26$7.94$1.68