Civic Intelligence

Chandler Lutheran Housing Development Fund Co Inc

990 • Fiscal year 2013 • EIN 22-2811682

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

737 Falconer Street14701

(716) 665-8197

Siviq Scores

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

Liabilities / Assets

96th percentile

1.40x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

95th percentile

4.82x

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

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

63rd percentile

7.7%

Higher net margin than 63% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

96th percentile

$331,895

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 79.9% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

26th percentile

-3.4%

Faster asset growth than 26% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Assets

Down

$1,435,986

Down $49,947 (-3.4%) from 2012

Net Assets

Up

-$567,707

Up $31,806 (+5.3%) from 2012

Liabilities

Down

$2,003,693

Down $81,753 (-3.9%) from 2012

Revenue

Up

$415,519

Up $44,105 (+12%) from 2012

Expenses

Up

$383,713

Up $25,321 (+7.1%) from 2012

Net Income

Up

$31,806

Up $18,784 (+144%) from 2012

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $1,196,568Liabilities 2010: $1,778,669Net Assets 2010: -$582,1012010Assets 2011: $1,487,018Liabilities 2011: $2,099,553Net Assets 2011: -$612,5352011Assets 2012: $1,485,933Liabilities 2012: $2,085,446Net Assets 2012: -$599,5132012Assets 2013: $1,435,986Liabilities 2013: $2,003,693Net Assets 2013: -$567,7072013Assets 2014: $1,437,178Liabilities 2014: $1,969,227Net Assets 2014: -$532,0492014Assets 2015: $1,463,393Liabilities 2015: $1,988,217Net Assets 2015: -$524,8242015Assets 2016: $1,380,563Liabilities 2016: $2,002,384Net Assets 2016: -$621,8212016Assets 2017: $1,254,363Liabilities 2017: $1,990,634Net Assets 2017: -$736,2712017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2013

Assets$1,435,986
Liabilities$2,003,693
Net Assets-$567,707

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $372,024Expenses 2010: $389,749Net Income 2010: -$17,7252010Expenses 2011: $388,0872011Revenue 2012: $371,414Expenses 2012: $358,392Net Income 2012: $13,0222012Revenue 2013: $415,519Expenses 2013: $383,713Net Income 2013: $31,8062013Revenue 2014: $425,510Expenses 2014: $389,852Net Income 2014: $35,6582014Revenue 2015: $429,218Expenses 2015: $421,993Net Income 2015: $7,2252015Revenue 2016: $345,947Expenses 2016: $442,944Net Income 2016: -$96,9972016Revenue 2017: $338,833Expenses 2017: $453,283Net Income 2017: -$114,4502017Revenue 2018: $1,239,150Expenses 2018: $370,152Net Income 2018: $868,9982018

Highlighted filing

2013

Revenue$415,519
Expenses$383,713
Net Income$31,806
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 15, 2014
Return Version
2013v3.1
Gross Receipts
$415,519
Mission and Program Overview

Mission

Hud subsidized housing for the elderly

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,245,409$1,233,862▼ $11,547
Savings and Temporary Cash Investments$138,912$98,178▼ $40,734
Cash and Non-Interest-Bearing Accounts$3,112$3,766▲ $654
Prepaid Expenses and Deferred Charges-$2,258-
Accounts Receivable$89$782▲ $693
Total Assets$1,485,933$1,435,986▼ $49,947
Other Assets Total$98,411$97,140▼ $1,271
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,929,750$1,903,925▼ $25,825
Other Liabilities$135,534$65,598▼ $69,936
Accounts Payable and Accrued Expenses$20,149$34,145▲ $13,996
Deferred Revenue$13$25▲ $12
Total Liabilities$2,085,446$2,003,693▼ $81,753
Net Assets / Fund Balance
Unrestricted Net Assets$-599,513$-567,707▲ $31,806
Total Net Assets Fund Balance$-599,513$-567,707▲ $31,806
Total Liabilities and Net Assets / Fund Balance$1,485,933$1,435,986▼ $49,947

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,075,446$1,297,008$2,372,454
Other Land Buildings$42,727$79,985$122,712
Land$114,664-$114,664
Equipment$1,025$17,480$18,505
Other Assets Org$82,542--
Compensation and Service Providers

Employees

NameTitleOtherTotal
J Eric LivengoodDirector$331,895$331,895
Thomas E HoltPresident/CEO$174,240$174,240
Revenue and Support

Revenue Composition

Contributions and Grants
$248,751
Program Service Revenue
$166,639
Investment Income
$129
Other Revenue
$0
Change in Net Assets
$31,806

Audited Revenue Reconciliation

Revenue per Audited Statements
$415,519
Total Revenue per Audited Statements
$415,519
Total Revenue per Form 990
$415,519
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$383,713
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$140,753$0$0$140,753
Depreciation Depletion$94,526$0$0$94,526
Office Expenses$0$22,451$0$22,451
Fees for Services Other$17,311$0$0$17,311
Fees for Services Accounting$0$4,545$0$4,545
Travel$2,612$0$0$2,612
Conferences and Meetings$249$1,828$0$2,077
Advertising$1,614$0$0$1,614
Insurance$371$222$0$593
Other Expenses$556$0$0$556
Fees for Services Legal$0$51$0$51
Total Functional Expenses$332,071$51,642$0$383,713

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$383,713
Total Expenses per Audited Statements$383,713
Total Expenses per Form 990$383,713
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
Advances From Related Organization$51,000
Tenant Security Deposits$14,598
Developer Fee Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

EIN
22-2811682
Phone
7166658197

Signing Officer

Name
Thomas E Holt
Title
President / CEO
Phone
7166658197
Signed
2014-07-15
Discuss with paid preparer
Yes

Organization Details

Formed
1989
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
0

Preparer

Preparer
Harold L Brunacini CPA
Phone
7166613960
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 is reviewed in detail by the cfo & accounting

Pt VI, Line 11B

Manager prior to filing. In addition, a

Pt VI, Line 11B

Copy is provided to the finance committee for their

Pt VI, Line 11B

Review, one week prior to their meeting with the ceo

Pt VI, Line 11B

& cfo. Once the finance committee has approved form

Pt VI, Line 11B

990, a copy is provided to each member of the board of

Pt VI, Line 11B

Directors for their review, at least one week prior to filing

Pt VI, Line 12C

Monitoring is performed on an ongoing basis, as well

Pt VI, Line 12C

As annually with signed conflict of interest

Pt VI, Line 12C

DISCLOSURES.

Pt VI, Line 19

The organization replies to requests on an as

Pt VI, Line 19

Requested basis, subject to privacy laws and

Pt VI, Line 19

REGULATIONS.

Pt VI, Line 15A

See details reported in schedule j, part iii.

Pt VI, Line 15B

See details reported in schedule j, part iii.

Form 990EZ, Part II, Line 24

Accounts receivable prepaid expenses

Form 990EZ, Part II, Line 26

Accounts payable & accrued expenses prepaid revenue tenant security deposits mortgage payable

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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/OfficeExpensesGrp/ManagementAndGeneralAmt022451
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt022451
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt098411
IRS990/OtherAssetsTotalGrp/EOYAmt097140
IRS990/OtherExpensesGrp/Desc0SEE ATTACHED SCHEDULE
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc2CONTRACTED SERVICES
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015260
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13217
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24068
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt074079
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt3556
IRS990/OtherExpensesGrp/TotalAmt089339
IRS990/OtherExpensesGrp/TotalAmt13217
IRS990/OtherExpensesGrp/TotalAmt24068
IRS990/OtherExpensesGrp/TotalAmt3556
IRS990/OtherLiabilitiesGrp/BOYAmt0135534
IRS990/OtherLiabilitiesGrp/EOYAmt065598
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02258
IRS990/PrincipalOfcrBusinessAddress/BusinessNameLine10SHARON HAMILTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0166639
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0230889
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0282
IRS990/PYOtherExpensesAmt0358392
IRS990/PYProgramServiceRevenueAmt0140243
IRS990/PYRevenuesLessExpensesAmt013022
IRS990/PYTotalExpensesAmt0358392
IRS990/PYTotalRevenueAmt0371414
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt031806
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0415519
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0138912
IRS990/SavingsAndTempCashInvstGrp/EOYAmt098178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0248751
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0230889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0213024
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0215010
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0232516
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01140190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0129
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0282
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0235
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0674
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0932
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02252
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0751245
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99800
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99650
IRS990ScheduleA/PublicSupportTotal170Amt01140190
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0248751
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0230889
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0213024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0215010
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0232516
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01140190
IRS990ScheduleA/TotalSupportAmt01142442
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01075446
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01297008
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02372454
IRS990ScheduleD/EquipmentGrp/BookValueAmt01025
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017480
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018505
IRS990ScheduleD/ExpensesSubtotalAmt0383713
IRS990ScheduleD/LandGrp/BookValueAmt0114664
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0114664
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014598
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt182542
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED FINANCING COSTS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt042727
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt079985
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0122712
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014598
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt151000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ADVANCES FROM RELATED ORGANIZATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEVELOPER FEE PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0415519
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01233862
IRS990ScheduleD/TotalBookValueOtherAssetsAmt097140
IRS990ScheduleD/TotalExpensesPerForm990Amt0383713
IRS990ScheduleD/TotalLiabilityAmt065598
IRS990ScheduleD/TotalRevenuePerForm990Amt0415519
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0415519
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0383713
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0281389
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1148790
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012750
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt17619
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0304
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt113192
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt037452
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt14639
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0THOMAS E HOLT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JASON W BECKWITH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0331895
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1174240

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