Civic Intelligence

Hnhf Realty Collaborative Co Tim Robinson

990 • Fiscal year 2022 • EIN 20-2773085

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

700 Childrens DriveColumbus, OH 43205

(614) 355-0709

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.66x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

2.69x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

83rd percentile

35%

Higher net margin than 83% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

10th percentile

$55,886

Higher top officer pay than 10% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

94th percentile

64%

Faster asset growth than 94% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

37th percentile

-2.0%

Faster revenue growth than 37% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$26,732,214

Up $10,463,133 (+64%) from 2021

Net Assets

Up

$9,133,422

Up $2,310,445 (+34%) from 2021

Liabilities

Up

$17,598,792

Up $8,152,688 (+86%) from 2021

Revenue

Down

$6,531,834

Down $132,169 (-2.0%) from 2021

Expenses

Up

$4,221,389

Up $1,981,834 (+88%) from 2021

Net Income

Down

$2,310,445

Down $2,114,003 (-48%) from 2021

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $3,384,676Liabilities 2010: $2,388,997Net Assets 2010: $995,6792010Assets 2011: $5,052,531Liabilities 2011: $2,695,776Net Assets 2011: $2,356,7552011Assets 2012: $4,381,120Liabilities 2012: $1,972,764Net Assets 2012: $2,408,3562012Assets 2013: $2,257,662Liabilities 2013: $263,155Net Assets 2013: $1,994,5072013Assets 2014: $2,536,954Liabilities 2014: $306,233Net Assets 2014: $2,230,7212014Assets 2015: $2,005,342Liabilities 2015: $241,226Net Assets 2015: $1,764,1162015Assets 2016: $1,567,131Liabilities 2016: $222,880Net Assets 2016: $1,344,2512016Assets 2017: $2,507,632Liabilities 2017: $1,577,502Net Assets 2017: $930,1302017Assets 2018: $4,611,380Liabilities 2018: $3,015,712Net Assets 2018: $1,595,6682018Assets 2019: $6,692,396Liabilities 2019: $4,515,203Net Assets 2019: $2,177,1932019Assets 2020: $6,863,461Liabilities 2020: $4,464,932Net Assets 2020: $2,398,5292020Assets 2021: $16,269,081Liabilities 2021: $9,446,104Net Assets 2021: $6,822,9772021Assets 2022: $26,732,214Liabilities 2022: $17,598,792Net Assets 2022: $9,133,4222022Assets 2023: $43,910,991Liabilities 2023: $28,625,831Net Assets 2023: $15,285,1602023Assets 2024: $55,385,082Liabilities 2024: $33,036,668Net Assets 2024: $22,348,4142024

Highlighted filing

2022

Assets$26,732,214
Liabilities$17,598,792
Net Assets$9,133,422

Operations Trend

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

$20M$10M$0-$10MExpenses 2010: $668,7712010Expenses 2011: $2,510,8522011Revenue 2012: $3,049,497Expenses 2012: $2,997,896Net Income 2012: $51,6012012Revenue 2013: $3,916,683Expenses 2013: $4,330,532Net Income 2013: -$413,8492013Revenue 2014: $1,935,135Expenses 2014: $1,698,921Net Income 2014: $236,2142014Revenue 2015: $1,947,851Expenses 2015: $2,414,456Net Income 2015: -$466,6052015Revenue 2016: $2,303,477Expenses 2016: $2,723,342Net Income 2016: -$419,8652016Revenue 2017: $3,214,777Expenses 2017: $3,628,898Net Income 2017: -$414,1212017Revenue 2018: $3,193,262Expenses 2018: $2,527,724Net Income 2018: $665,5382018Revenue 2019: $3,023,531Expenses 2019: $2,442,006Net Income 2019: $581,5252019Revenue 2020: $3,963,617Expenses 2020: $3,742,281Net Income 2020: $221,3362020Revenue 2021: $6,664,003Expenses 2021: $2,239,555Net Income 2021: $4,424,4482021Revenue 2022: $6,531,834Expenses 2022: $4,221,389Net Income 2022: $2,310,4452022Revenue 2023: $16,649,899Expenses 2023: $10,498,161Net Income 2023: $6,151,7382023Revenue 2024: $19,539,069Expenses 2024: $12,475,815Net Income 2024: $7,063,2542024

Highlighted filing

2022

Revenue$6,531,834
Expenses$4,221,389
Net Income$2,310,445
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$6,531,834
Mission and Program Overview

Mission

Rehab vacant single family homes to sell to low and moderate income families in order to provide affordable housing & promote charitable activities which include the revitalization & stabilization of economically depressed neighborhoods in Columbus, Ohio

Providing and preserving high-quality affordable housing through the provision of home ownership, home rentals, and home repair services in two Columbus communities, the South Side and Linden.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,942,456$16,841,673▲ $6,899,217
Inventories for Sale or Use$2,691,178$5,774,369▲ $3,083,191
Cash and Non-Interest-Bearing Accounts$1,791,822$3,062,591▲ $1,270,769
Accounts Receivable$280,756$236,713▼ $44,043
Pledges and Grants Receivable$1,519,842$44,566▼ $1,475,276
Savings and Temporary Cash Investments$26,030$31,794▲ $5,764
Prepaid Expenses and Deferred Charges$16,997$1,021▼ $15,976
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$16,269,081$26,732,214▲ $10,463,133
Other Assets Total-$739,487-
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,579,377$16,841,706▲ $8,262,329
Accounts Payable and Accrued Expenses$660,609$599,086▼ $61,523
Deferred Revenue$158,000$158,000→ $0
Other Liabilities$48,118--
Total Liabilities$9,446,104$17,598,792▲ $8,152,688
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,270,977$8,819,761▲ $3,548,784
Net Assets With Donor Restrictions$1,552,000$313,661▼ $1,238,339
Total Net Assets Fund Balance$6,822,977$9,133,422▲ $2,310,445
Total Liabilities and Net Assets / Fund Balance$16,269,081$26,732,214▲ $10,463,133

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,437,784$1,117,392$17,555,176
Land$403,889-$403,889
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rev John EdgarPresidentPT$55,886$55,886

Board Members and Trustees

NameTitle
Patricia McClimonChair
Amy RosenthalDirector
Brian HigginsDirector
Joel TeafordDirector
Nicholas JonesDirector
Shanetta RayDirector 2022 End
William LivisayDirector 2022 End
Angela MingoSecretary
Luke BrownTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
KMM Builders LLCConstruction7316 Kemperwood Ct, Blacklick, OH 43004$4,501,238
Simmons Corporation LtdConstruction4016 Townsfair Way Suite 200, Columbus, OH 43219$2,312,244
Karimah HomesConstruction3965 Rio Grande Ave, Groveport, OH 43125$1,059,317
Egner Construction LLCConstruction8976 Holquest Drive, Lewis Center, OH 43035$1,010,051
The Arcaro & LaRussa CoConstructionPO Box 717, Worthington, OH 43085$875,669
Revenue and Support

Revenue Composition

Contributions and Grants
$5,454,628
Program Service Revenue
$1,049,405
Investment Income
$6
Other Revenue
$27,795
All Other Contributions
$2,334,523
Change in Net Assets
$2,310,445
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,006,859
Grants and Similar Amounts Paid$214,530
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$669,326$64,505-$733,831
Depreciation Depletion$580,682--$580,682
Occupancy$381,942$9,458-$391,400
Interest$295,876--$295,876
Grants to Domestic Orgs$214,530--$214,530
Fees for Services Accounting$51,983$51,983-$103,966
Fees for Services Management$64,662--$64,662
Insurance$53,958$4,240-$58,198
Office Expenses$31,876$6,000-$37,876
Information Technology$7,170$9,952-$17,122
All Other Expenses$9,785$1,198-$10,983
Other Expenses$7,655$147-$7,802
Travel$2,169$66-$2,235
Advertising-$957-$957
Total Functional Expenses$4,072,883$148,506$0$4,221,389
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Remember Us Urban ScoutsColumbus, OH501(c)(3)Operational Support$150,000
Cd4apColumbus, OH501(c)(3)Emergency Rental Assistance$42,282
South Side Renaissance HomesColumbus, OH501(c)(3)Improvements and Emer. Rental Assis$22,248
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Business Relationship - Tim Robinson, Angela Mingo, Luke Brown, and Rev John Edgar

Form 990, Part VI, Section A, Line 6

Community Development For All People (CD4AP), Sole Member

Form 990, Part VI, Section A, Line 7A

HNHF Realty Collaborative's board of directors are elected by the following nominations:4 Board members are elected on the nomination of CD4AP.2 Board members are elected on the nomination of NCH.2 Board members are elected on the joint nomination of CD4AP and NCH.

Form 990, Part VI, Section A, Line 7B

CD4AP has to approve any name changes, changes of purpose, changes of Board Composition, replacement of vacancies, and any code amendments, pursuant to the Code of Regulations

Form 990, Part VI, Section A, Line 9

1. Rev. John Edgar - 946 Parsons Ave., Columbus, OH 432062. Patricia McClimon - 700 Children's Dr., Columbus, OH 432053. Angela Mingo - 700 Children's Dr., Columbus, OH 432054. William Livisay - 1366 Loretta Ave., Columbus, OH 432115. Shanetta Ray - 641 South 9th St., Columbus, OH 432066. Brian Higgins - 33 E 4th Ave. #8159, Columbus, OH 432017. Joel Teaford - 946 Parsons Ave., Columbus, OH 432068. Amy Rosenthal - 2245 North Bank Drive, Columbus, OH 432209. Nicolas Jones - 611 E Livingston Ave, Columbus, OH 43205 10. Luke Brown - 255 E. Main St., Columbus, OH 43205

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

Form 990 is provided to Gretchen West, Executive Director and Luke Brown, Treasurer to review for accuracy and completeness. After review, a copy of the Form 990 is provided to all board members and upon request (for others).

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

Board member conflict of interests are determined through regularly conducted board meetings. Any conflict of interests are documented and addressed in the board meeting minutes. Board members who have a conflict of interest abstain from voting.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are available upon request. When requested, documents are provided via mail, e-mail, etc.

Filing and Contact Details

Filer

Filer Name
HNHF Realty Collaborative
EIN
20-2773085
Phone
6143550709
Address
700 Childrens Drive, Columbus, OH 43205

Signing Officer

Name
Luke Brown
Title
Treasurer
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev John Edgar
Formed
2006
Legal Domicile
Oh
Voting Board Members
10
Independent Board Members
9
Employees
0
Volunteers
159

Preparer

Firm
Toukan & Company
Address
575 Charring Cross Dr, Westerville, OH 43081
Preparer
Michelle R Bettac CPA
Phone
6149017100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Please reference the detailed descriptions on Part III, Line 4.

Financial Statement Notes

Part X : FIN48 Footnote

The organization performs an annual assessment for any uncertainty in income tax positions, which includes an analysis of whether there are any tax positions the organization takes with regard to unrelated business income, related deductions applied, or other activities that may jeopardize its tax exempt status and thus would meet the definition of an uncertain tax position. No tax liability accrual was recorded relating to material uncertain positions taken as management believes there are none.

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IRS990/Form990PartVIISectionAGrp/PersonNm3William Livisay
IRS990/Form990PartVIISectionAGrp/PersonNm4Shanetta Ray
IRS990/Form990PartVIISectionAGrp/PersonNm5Brian Higgins
IRS990/Form990PartVIISectionAGrp/PersonNm6Joel Teaford
IRS990/Form990PartVIISectionAGrp/PersonNm7Luke Brown
IRS990/Form990PartVIISectionAGrp/PersonNm8Amy Rosenthal
IRS990/Form990PartVIISectionAGrp/PersonNm9Nicholas Jones
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Dir-2022 End
IRS990/Form990PartVIISectionAGrp/TitleTxt4Dir-2022 End
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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IRS990/MissionDesc0Providing and preserving high-quality affordable housing through the provision of home ownership, home rentals, and home repair services in two Columbus communities, the South Side and Linden.
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06000
IRS990/OfficeExpensesGrp/ProgramServicesAmt031876
IRS990/OfficeExpensesGrp/TotalAmt037876
IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Improvements
IRS990/OtherExpensesGrp/Desc1Leasing Expense
IRS990/OtherExpensesGrp/Desc2Extermination
IRS990/OtherExpensesGrp/Desc3Security
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IRS990/OtherExpensesGrp/ProgramServicesAmt120003
IRS990/OtherExpensesGrp/ProgramServicesAmt210865
IRS990/OtherExpensesGrp/ProgramServicesAmt37655
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IRS990/OtherExpensesGrp/TotalAmt210865
IRS990/OtherExpensesGrp/TotalAmt37802
IRS990/OtherLiabilitiesGrp/BOYAmt048118
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IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous Income
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IRS990/OtherRevenueTotalAmt027795
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PensionPlanContributionsGrp/TotalAmt00
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016997
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01021
IRS990/PrincipalOfficerNm0Rev John Edgar
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531390
IRS990/ProgramServiceRevenueGrp/Desc0Developer Fee
IRS990/ProgramServiceRevenueGrp/Desc1Rental Income
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1798905
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0250500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1798905
IRS990/ProgSrvcAccomActy2Grp/Desc0Developer Fee received as part of the Lockbourne Greene Partnership Development Project Agreement. Per this same agreement, a portion of this fee was shared with Community Development for All People.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0100200
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0250500
IRS990/ProgSrvcAccomActy3Grp/Desc0Accounting for the Linden Fresh Market Common Area Maintenance costs, including receiving income from tenants and paying the common area expenses of the Linden Fresh Market.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt024210
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt034421
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IRS990/PYContributionsGrantsAmt06187304
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05000
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IRS990/PYOtherExpensesAmt02234555
IRS990/PYOtherRevenueAmt028412
IRS990/PYProgramServiceRevenueAmt0448287
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0792279
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026030
IRS990/SavingsAndTempCashInvstGrp/EOYAmt031794
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt05454628
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06187304
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03409328
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01600514
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01747327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt018399101
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03554123
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99230
IRS990ScheduleA/PublicSupportPY170Pct00.98370
IRS990ScheduleA/PublicSupportTotal170Amt018258083
IRS990ScheduleA/SubstantialContributorsTotAmt0141018
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt05454628
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06187304
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03409328
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01600514
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01747327

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.4$33.0$22.3$19.5$12.5$7.06
2023Detailed filing. Detailed filing data is available for this year.$43.9$28.6$15.3$16.6$10.5$6.15
2022Detailed filing. Detailed filing data is available for this year.$26.7$17.6$9.13$6.53$4.22$2.31
2021Detailed filing. Detailed filing data is available for this year.$16.3$9.45$6.82$6.66$2.24$4.42
2020Detailed filing. Detailed filing data is available for this year.$6.86$4.46$2.40$3.96$3.74$0.22
2019Detailed filing. Detailed filing data is available for this year.$6.69$4.52$2.18$3.02$2.44$0.58
2018Detailed filing. Detailed filing data is available for this year.$4.61$3.02$1.60$3.19$2.53$0.67
2017Detailed filing. Detailed filing data is available for this year.$2.51$1.58$0.93$3.21$3.63$0.41
2016Detailed filing. Detailed filing data is available for this year.$1.57$0.22$1.34$2.30$2.72$0.42
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.24$1.76$1.95$2.41$0.47
2014Detailed filing. Detailed filing data is available for this year.$2.54$0.31$2.23$1.94$1.70$0.24
2013Detailed filing. Detailed filing data is available for this year.$2.26$0.26$1.99$3.92$4.33$0.41
2012Summary only. Only limited summary data is available for this year.$4.38$1.97$2.41$3.05$3.00$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.05$2.70$2.36$2.51
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.38$2.39$1.00$0.67