Civic Intelligence

King Highland Community Redevelopment Corporation

990 • Fiscal year 2019 • EIN 20-1553686

Jul 01, 2018 to Jun 30, 2019 • Filed on May 08, 2020

283 E Martin Luther KingCincinnati, OH 45219

(513) 221-1687

Siviq Scores

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

Liabilities / Assets

95th percentile

1.11x

Higher debt load relative to assets than 95% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

13.74x

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

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Net Margin

6th percentile

-37%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Top Officer Pay

11th percentile

$91,681

Higher top officer pay than 11% of similar nonprofits.

Top officer pay equals 3.2% of source-year revenue.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2019

Asset Growth

18th percentile

-3.1%

Faster asset growth than 18% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Revenue Growth

49th percentile

3.4%

Faster revenue growth than 49% of similar nonprofits.

2019 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2018 to 2019

Assets

Down

$35,220,574

Down $1,140,262 (-3.1%) from 2018

Net Assets

Down

-$3,815,905

Down $1,056,662 (-38%) from 2018

Liabilities

Down

$39,036,479

Down $83,600 (-0.2%) from 2018

Revenue

Up

$2,840,489

Up $93,873 (+3.4%) from 2018

Expenses

Up

$3,897,151

Up $45,129 (+1.2%) from 2018

Net Income

Up

-$1,056,662

Up $48,744 (+4.4%) from 2018

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2011: $42,675,070Liabilities 2011: $42,042,795Net Assets 2011: $632,2752011Assets 2012: $42,291,405Liabilities 2012: $41,732,884Net Assets 2012: $558,5212012Assets 2013: $41,278,160Liabilities 2013: $40,843,120Net Assets 2013: $435,0402013Assets 2014: $40,008,481Liabilities 2014: $40,029,120Net Assets 2014: -$20,6392014Assets 2015: $39,824,064Liabilities 2015: $40,493,732Net Assets 2015: -$669,6682015Assets 2016: $38,731,840Liabilities 2016: $39,317,470Net Assets 2016: -$585,6302016Assets 2017: $37,568,333Liabilities 2017: $39,222,170Net Assets 2017: -$1,653,8372017Assets 2018: $36,360,836Liabilities 2018: $39,120,079Net Assets 2018: -$2,759,2432018Assets 2019: $35,220,574Liabilities 2019: $39,036,479Net Assets 2019: -$3,815,9052019Assets 2020: $33,943,736Liabilities 2020: $39,008,344Net Assets 2020: -$5,064,6082020Assets 2021: $32,830,933Liabilities 2021: $38,961,465Net Assets 2021: -$6,130,5322021Assets 2022: $31,775,825Liabilities 2022: $39,371,782Net Assets 2022: -$7,595,9572022Assets 2023: $30,517,799Liabilities 2023: $38,918,985Net Assets 2023: -$8,401,1862023Assets 2024: $29,512,362Liabilities 2024: $38,910,638Net Assets 2024: -$9,398,2762024

Highlighted filing

2019

Assets$35,220,574
Liabilities$39,036,479
Net Assets-$3,815,905

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2312011Expenses 2012: $2502012Revenue 2013: -$346,174Expenses 2013: $16Net Income 2013: -$346,1902013Revenue 2014: -$455,140Expenses 2014: $539Net Income 2014: -$455,6792014Revenue 2015: -$648,829Expenses 2015: $200Net Income 2015: -$649,0292015Revenue 2016: $3,924,715Expenses 2016: $3,840,677Net Income 2016: $84,0382016Revenue 2017: $2,820,029Expenses 2017: $3,888,236Net Income 2017: -$1,068,2072017Revenue 2018: $2,746,616Expenses 2018: $3,852,022Net Income 2018: -$1,105,4062018Revenue 2019: $2,840,489Expenses 2019: $3,897,151Net Income 2019: -$1,056,6622019Revenue 2020: $2,586,642Expenses 2020: $3,835,345Net Income 2020: -$1,248,7032020Revenue 2021: $2,909,928Expenses 2021: $3,975,852Net Income 2021: -$1,065,9242021Revenue 2022: $2,552,802Expenses 2022: $4,018,227Net Income 2022: -$1,465,4252022Revenue 2023: $2,649,080Expenses 2023: $3,953,276Net Income 2023: -$1,304,1962023Revenue 2024: $2,949,362Expenses 2024: $3,946,452Net Income 2024: -$997,0902024

Highlighted filing

2019

Revenue$2,840,489
Expenses$3,897,151
Net Income-$1,056,662
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
May 8, 2020
Return Version
2018v3.1
Gross Receipts
$2,946,641
Mission and Program Overview

Mission

Organized for the purpose of combating community deterioration, advancing education, and lessening the burden of government in a blighted area.

Organized for the purpose of combating community deterioration, advancing education, and lessening the burden of government in a blighted area

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,884,087$33,811,379▼ $1,072,708
Cash and Non-Interest-Bearing Accounts$141,875$183,734▲ $41,859
Intangible Assets$43,493$28,170▼ $15,323
Accounts Receivable$16,476$18,007▲ $1,531
Prepaid Expenses and Deferred Charges$15,058$15,112▲ $54
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-2,759,243$-3,815,905▼ $1,056,662
Total Assets$36,360,836$35,220,574▼ $1,140,262
Other Assets Total$1,259,847$1,164,172▼ $95,675
Liabilities
Tax Exempt Bond Liabilities$37,585,000$37,585,000→ $0
Mortgage Notes Payable Secured by Investment Property$1,403,478$1,303,071▼ $100,407
Accounts Payable and Accrued Expenses$127,199$143,952▲ $16,753
Other Liabilities$4,402$4,456▲ $54
Total Liabilities$39,120,079$39,036,479▼ $83,600
Net Assets / Fund Balance
Total Net Assets Fund Balance$-2,759,243$-3,815,905▼ $1,056,662
Total Liabilities and Net Assets / Fund Balance$36,360,836$35,220,574▼ $1,140,262

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$30,383,016$12,989,447$43,372,463
Land$3,169,569-$3,169,569
Other Land Buildings$258,794$584,436$843,230
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Daniel LutherExecutive DirectorPT$91,681$91,681

Board Members and Trustees

NameTitle
Burgess DoanPresident
Safi SafiTrustee
David AverionTrustee as of 4/01/19
Bill FischerTrustee Until 03/31/19
Mike EalySecretary
Megan SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,669,272
Investment Income
$-106,152
Other Revenue
$277,369
Change in Net Assets
$-1,056,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,897,151
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
Interest$1,576,756--$1,576,756
Depreciation Depletion$1,153,521--$1,153,521
Occupancy$527,447--$527,447
Fees for Services Other-$175,653-$175,653
Fees for Services Management$103,755--$103,755
Insurance$52,095--$52,095
Office Expenses-$3,141-$3,141
Other Expenses$120,954$200-$200
Total Functional Expenses$3,718,157$178,994$0$3,897,151
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
Due to Ccdc$4,456

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Hamilton Ohio2015-06-16$39,289,698Advance refunding of the entity's 2006a bonds.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$39,393,747$39,151,785-$115,511

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
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
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

Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, as defined below, is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation - documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
King Highland Community
EIN
20-1553686
Phone
5132211687
Address
283 E MARTIN LUTHER KING, CINCINNATI, OH 45219

Signing Officer

Name
Burgess Doan
Title
Treasurer
Phone
5132211687
Signed
2020-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Burgess Doan
Formed
2004
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
5
Employees
0
Volunteers
5

Preparer

Firm
Mcm Cpas & Advisors Llp
Address
201 EAST FIFTH STREET SUITE 2100, CINCINNATI, OH 45202
Preparer
Karl L Dostal CPA
Phone
5135791717
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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/PYTotalExpensesAmt03852022
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02746616
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1056662
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02669272
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0-2759243
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-3815905
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt048206
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0169535
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0217741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02669272
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02509994
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02612991
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03676091
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04149830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt015618178
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt048206
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0169535
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0217741
IRS990ScheduleA/InvestmentIncomeCYPct00.01280
IRS990ScheduleA/InvestmentIncomePYPct00.01430
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0277369
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0252330
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0207038
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0200418
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0189510
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01126665
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92070
IRS990ScheduleA/PublicSupportPY509Pct00.92820
IRS990ScheduleA/PublicSupportTotal509Amt015618178
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02669272
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02509994
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02612991
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03676091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt04149830
IRS990ScheduleA/Total509Grp/TotalAmt015618178
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02946641
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02762324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02820029
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt03924715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04508875
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt016962584
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt030383016
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012989447
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt043372463
IRS990ScheduleD/LandGrp/BookValueAmt03169569
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03169569
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0258794
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0584436
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0843230
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04456
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO CCDC
IRS990ScheduleD/TotalBookValueLandBuildingsAmt033811379
IRS990ScheduleD/TotalLiabilityAmt04456
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0THESE BONDS ARE ISSUED FOR THE ACQUISITION,CONSTRUCTION, IMPROVEMENT AND EQUIPPING OF CERTAIN FACILITIES OWNED BY THE ENTITY.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt1THE TOTAL PROCEEDS OF ISSUE EQUAL $39,393,747 COMPRISED OF ISSUE PRICE OF $39,289,698 PLUS $104,049 OF INVESTMENT PROCEEDS EARNED IN THE ESCROW FUND.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt2THE ADVANCE REFUNDING ESCROW WAS EXPENDED ON 06/01/2016. PRIOR TO EXPENDITURE, THERE WERE $39,151,785 OF GROSS PROCEEDS IN THE ESCROW, COMPRISED OF $39,047,736 OF SALE PROCEEDS PLUS $104,049 OF INVESTMENT PROCEEDS.
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt3A REBATE OPINION WAS PERFORMED ON JULY 15, 2015.
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE K, PART I, (F) (CONTINUATION)
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc1PART II, LINE 3
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II, LINE 11
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc3PART IV, LINE 2(C)
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02015-06-16
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0316000063
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0407271HE8
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt039289698
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0COUNTY OF HAMILTON OHIO
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd00
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0ADVANCE REFUNDING OF THE ENTITY'S 2006A BONDS.
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd00
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CreditEnhancementAmt0126451
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/IssuanceCostsFromProceedsAmt0115511
IRS990ScheduleK/TaxExemptBondsProceedsGrp/OtherSpentProceedsAmt039151785
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxableBondsInd01
IRS990ScheduleK/TaxExemptBondsProceedsGrp/RefundingTaxExemptBondsInd00
IRS990ScheduleK/TaxExemptBondsProceedsGrp/TotalProceedsAmt039393747
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FEDERAL FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED BELOW, IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - DOCUMENTS ARE AVAILABLE TO THE PUBLIC 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 C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0CORRYVILLE COMMUNITY DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CORRYVILLE COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1BELLEVUE GARDENS COMMUNITY URBAN REDEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0311456153
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1311597699
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0URBAN DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1URBAN DEVELOPMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0283 E MARTIN LUTHER KING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1283 E MARTIN LUTHER KING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CINCINNATI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1CINCINNATI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd045219
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd145219
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$29.5$38.9$9.40$2.95$3.95$1.00
2023Detailed filing. Detailed filing data is available for this year.$30.5$38.9$8.40$2.65$3.95$1.30
2022Detailed filing. Detailed filing data is available for this year.$31.8$39.4$7.60$2.55$4.02$1.47
2021Detailed filing. Detailed filing data is available for this year.$32.8$39.0$6.13$2.91$3.98$1.07
2020Detailed filing. Detailed filing data is available for this year.$33.9$39.0$5.06$2.59$3.84$1.25
2019Detailed filing. Detailed filing data is available for this year.$35.2$39.0$3.82$2.84$3.90$1.06
2018Detailed filing. Detailed filing data is available for this year.$36.4$39.1$2.76$2.75$3.85$1.11
2017Detailed filing. Detailed filing data is available for this year.$37.6$39.2$1.65$2.82$3.89$1.07
2016Detailed filing. Detailed filing data is available for this year.$38.7$39.3$0.59$3.92$3.84$0.08
2015Detailed filing. Detailed filing data is available for this year.$39.8$40.5$0.67$0.65$0.00$0.65
2014Detailed filing. Detailed filing data is available for this year.$40.0$40.0$0.02$0.46$0.00$0.46
2013Summary only. Only limited summary data is available for this year.$41.3$40.8$0.44$0.35$0.00$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.3$41.7$0.56$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.7$42.0$0.63$0.00