Civic Intelligence

Home Development Inc Co Home Inc

990 • Fiscal year 2020 • EIN 22-2874259

Apr 01, 2019 to Mar 31, 2020 • Filed on Aug 10, 2020

Organization ProfileNONE
171 Orange StreetNew Haven, CT 06510

(203) 562-4663

Siviq Scores

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

Liabilities / Assets

98th percentile

1.58x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

99th percentile

30.81x

Higher debt load relative to revenue than 99% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

2nd percentile

-201%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

15th percentile

-3.6%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

36th percentile

-4.7%

Faster revenue growth than 36% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$5,806,105

Down $215,742 (-3.6%) from 2019

Net Assets

Down

-$3,380,972

Down $598,726 (-22%) from 2019

Liabilities

Up

$9,187,077

Up $382,984 (+4.4%) from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Down

$298,163

Down $14,564 (-4.7%) from 2019

Expenses

Up

$896,889

Up $92,623 (+12%) from 2019

Net Income

Down

-$598,726

Down $107,187 (-22%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$15M$10M$5.0M$0-$5.0M-$10MAssets 2011: $7,955,049Liabilities 2011: $7,416,181Net Assets 2011: $538,8682011Assets 2012: $7,598,625Liabilities 2012: $7,258,719Net Assets 2012: $339,9062012Assets 2013: $7,141,662Liabilities 2013: $7,264,652Net Assets 2013: -$122,9902013Assets 2014: $7,096,998Liabilities 2014: $7,745,146Net Assets 2014: -$648,1482014Assets 2015: $6,864,482Liabilities 2015: $8,004,680Net Assets 2015: -$1,140,1982015Assets 2016: $6,803,462Liabilities 2016: $8,065,357Net Assets 2016: -$1,261,8952016Assets 2017: $6,471,027Liabilities 2017: $8,229,705Net Assets 2017: -$1,758,6782017Assets 2018: $6,234,785Liabilities 2018: $8,525,492Net Assets 2018: -$2,290,7072018Assets 2019: $6,021,847Liabilities 2019: $8,804,093Net Assets 2019: -$2,782,2462019Assets 2020: $5,806,105Liabilities 2020: $9,187,077Net Assets 2020: -$3,380,9722020Assets 2021: $5,585,749Liabilities 2021: $9,545,527Net Assets 2021: -$3,959,7782021Assets 2022: $5,331,041Liabilities 2022: $9,883,270Net Assets 2022: -$4,552,2292022Assets 2023: $5,130,150Liabilities 2023: $10,222,395Net Assets 2023: -$5,092,2452023Assets 2024: $4,828,560Liabilities 2024: $10,453,223Net Assets 2024: -$5,624,6632024Assets 2025: $4,528,702Liabilities 2025: $10,641,261Net Assets 2025: -$6,112,5592025

Highlighted filing

2020

Assets$5,806,105
Liabilities$9,187,077
Net Assets-$3,380,972
Open 2020 Filing

Operations Trend

Revenue Growth36th percentile

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

$1.0M$500K$0-$500K-$1.0MRevenue 2011: -$175,424Expenses 2011: $0Net Income 2011: -$175,4242011Revenue 2012: -$190,280Expenses 2012: $0Net Income 2012: -$190,2802012Revenue 2013: -$462,896Expenses 2013: $0Net Income 2013: -$462,8962013Revenue 2014: -$525,158Expenses 2014: $0Net Income 2014: -$525,1582014Revenue 2015: $301,803Expenses 2015: $793,853Net Income 2015: -$492,0502015Revenue 2016: $79,596Expenses 2016: $201,293Net Income 2016: -$121,6972016Revenue 2017: $304,834Expenses 2017: $801,617Net Income 2017: -$496,7832017Revenue 2018: $297,031Expenses 2018: $829,060Net Income 2018: -$532,0292018Revenue 2019: $312,727Expenses 2019: $804,266Net Income 2019: -$491,5392019Revenue 2020: $298,163Expenses 2020: $896,889Net Income 2020: -$598,7262020Revenue 2021: $243,913Expenses 2021: $822,719Net Income 2021: -$578,8062021Revenue 2022: $267,232Expenses 2022: $859,683Net Income 2022: -$592,4512022Revenue 2023: $309,040Expenses 2023: $849,056Net Income 2023: -$540,0162023Revenue 2024: $325,875Expenses 2024: $858,293Net Income 2024: -$532,4182024Revenue 2025: $354,730Expenses 2025: $842,626Net Income 2025: -$487,8962025

Highlighted filing

2020

Revenue$298,163
Expenses$896,889
Net Income-$598,726
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2019 to Mar 31, 2020
Signed
Aug 10, 2020
Return Version
2019v5.1
Gross Receipts
$298,163
Mission and Program Overview

Mission

Development, ownership and operation of affordable housing for disabled and other low-ncome citizens.

Development, ownership and operation of affordable housing for disabled and other low-income citizens.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,624,171$5,405,712▼ $218,459
Savings and Temporary Cash Investments$359,304$366,466▲ $7,162
Cash and Non-Interest-Bearing Accounts$26,276$25,216▼ $1,060
Prepaid Expenses and Deferred Charges$6,216$6,216→ $0
Accounts Receivable$5,880$2,495▼ $3,385
Intangible Assets-$0-
Total Assets$6,021,847$5,806,105▼ $215,742
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,513,814$6,516,838▲ $3,024
Other Liabilities$2,205,102$2,466,954▲ $261,852
Accounts Payable and Accrued Expenses$85,177$203,285▲ $118,108
Total Liabilities$8,804,093$9,187,077▲ $382,984
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-2,782,246$-3,380,972▼ $598,726
Total Net Assets Fund Balance$-2,782,246$-3,380,972▼ $598,726
Total Liabilities and Net Assets / Fund Balance$6,021,847$5,806,105▼ $215,742

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,774,516$1,871,637$6,646,153
Land$610,992-$610,992
Other Land Buildings$20,204$132,693$152,897
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeOtherTotal
Brett HillPresidentPT$119,080$119,080

Board Members and Trustees

NameTitle
Harry WexlerSecretary
Robert CoxTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$290,859
Investment Income
$7,304
Other Revenue
$0
Change in Net Assets
$-598,726

Audited Revenue Reconciliation

Revenue per Audited Statements
$298,163
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$298,163
Total Revenue per Form 990
$298,163
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$896,889
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$264,453--$264,453
Depreciation Depletion$227,683--$227,683
Fees for Services Management$80,589--$80,589
Insurance$23,274--$23,274
Other Expenses$15,027--$15,027
Fees for Services Legal$10,363--$10,363
Office Expenses$8,199--$8,199
Fees for Services Accounting$7,001--$7,001
Travel$539--$539
Total Functional Expenses$896,889$0$0$896,889

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$896,889
Total Expenses per Audited Statements$896,889
Total Expenses per Form 990$896,889
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Accrued Interest$2,452,337
Tenant Security Deposits Payable$13,207
Prepaid Rent$1,410
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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 A, Line 2

“All three of the directors are officers of the supported organization housing operations management enterprises (home), inc.”

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

“The organization's board is appointed by the supported organization housing operations management enterprises (home), inc.”

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

“The organization's policy is for the board treasurer and the president to review the 990 prior to filing.”

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

“The organization regularly elicits verbal (and in some cases written) disclosures of conflicts of interest at all board and board committee meetings. In addition, several of the organization's contracting governmental agencies (e.g., the city of new haven) have conflict of interest disclosure policies that are also enforced by the organization.”

Form 990, Part VI, Section C, Line 19

“The organization's certificate of incorporation and current board of directors is available on request and on the secretary of the state of the state of connecticut's website. Financial information is available via the organization's 990 available on request and on-line at guidestar.org.”

Filing and Contact Details

Filer

Filer Name
Home Development Inc
EIN
22-2874259
Phone
2035624663
Address
171 ORANGE STREET, NEW HAVEN, CT 06510

Signing Officer

Name
Brett Hill
Title
President
Phone
2035624663
Signed
2020-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brett Hill
Formed
1987
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
0

Preparer

Firm
Carter Hayes Associates Pc
Address
1970 WHITNEY AVENUE BLDG 2, HAMDEN, CT 06517
Preparer
David a Scaramozza
Phone
2032873990
Supplemental Narrative

Additional Explanations

Part X11 2B

“The board president reviews and approves a draft of the audit prior to issuance.”

Financial Statement Notes

PART X, LINE 2:

“The organization files tax returns in the u. S. Federal jurisdiction. The organization has not taken any tax positions that management believes would result in additional tax liabilities upon examination of the tax returns by a tax jurisdiction. The organization has no open tax years prior to 2017.”

Raw XML AppendixShowing 400 of 423 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt085177
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0203285
IRS990/AccountsReceivableGrp/BOYAmt05880
IRS990/AccountsReceivableGrp/EOYAmt02495
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0DEVELOPMENT, OWNERSHIP AND OPERATION OF AFFORDABLE HOUSING FOR DISABLED AND OTHER LOW-INCOME CITIZENS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BRETT HILL
IRS990/BooksInCareOfDetail/PhoneNum02035624663
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0171 ORANGE STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW HAVEN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006510
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt026276
IRS990/CashNonInterestBearingGrp/EOYAmt025216
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt07304
IRS990/CYOtherExpensesAmt0896889
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0290859
IRS990/CYRevenuesLessExpensesAmt0-598726
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0896889
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0298163
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0227683
IRS990/DepreciationDepletionGrp/TotalAmt0227683
IRS990/Desc0DEVELOPMENT OF 20 UNITS OF RESIDENTIAL REAL ESTATE FOR OCCUPANCY BY DISABLED AND OTHER LOW-INCOME CITIZENS; TARGET POPULATION INCLUDES DISABLED INDIVIDUALS AND FAMILIES WITH DISABLED HEADS OF HOUSEHOLDS; ALL HOUSHOLDS WILL HAVE INCOMES AT OR BELOW 50% OF THE AREA'S MEDIAN INCOME. REHABILITATION AND CONSTRUCTION WAS COMPLETED, AND UNITS BEGAN BEING RENTED, IN 2011.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0896889
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07001
IRS990/FeesForServicesAccountingGrp/TotalAmt07001
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt010363
IRS990/FeesForServicesLegalGrp/TotalAmt010363
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt080589
IRS990/FeesForServicesManagementGrp/TotalAmt080589
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt04305
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0BRETT HILL
IRS990/Form990PartVIISectionAGrp/PersonNm1ROBERT COX
IRS990/Form990PartVIISectionAGrp/PersonNm2HARRY WEXLER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0114775
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0298163
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt023274
IRS990/InsuranceGrp/TotalAmt023274
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt0264453
IRS990/InterestGrp/TotalAmt0264453
IRS990/InvestmentIncomeGrp/ExclusionAmt07304
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07304
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02004330
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05624171
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05405712
IRS990/LandBldgEquipCostOrOtherBssAmt07410042
IRS990/LegalDomicileStateCd0CT
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DEVELOPMENT, OWNERSHIP AND OPERATION OF AFFORDABLE HOUSING FOR DISABLED AND OTHER LOW-INCOME CITIZENS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt06513814
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt06516838
IRS990/NetAssetsOrFundBalancesBOYAmt0-2782246
IRS990/NetAssetsOrFundBalancesEOYAmt0-3380972
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-2782246
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-3380972
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt08199
IRS990/OfficeExpensesGrp/TotalAmt08199
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REAL AND PERSONAL PROPE
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt0177818
IRS990/OtherExpensesGrp/ProgramServicesAmt142043
IRS990/OtherExpensesGrp/ProgramServicesAmt239900
IRS990/OtherExpensesGrp/ProgramServicesAmt315027
IRS990/OtherExpensesGrp/TotalAmt0177818
IRS990/OtherExpensesGrp/TotalAmt142043
IRS990/OtherExpensesGrp/TotalAmt239900
IRS990/OtherExpensesGrp/TotalAmt315027
IRS990/OtherLiabilitiesGrp/BOYAmt02205102
IRS990/OtherLiabilitiesGrp/EOYAmt02466954
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06216
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06216
IRS990/PrincipalOfficerNm0BRETT HILL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL LOW-INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0290859
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0290859
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06784
IRS990/PYOtherExpensesAmt0804266
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0305943
IRS990/PYRevenuesLessExpensesAmt0-491539
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0804266
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0312727
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-598726
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0290859
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0359304
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0366466
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/MajorityDirTrstSupportedOrgInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0222873559
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0HOUSING OPERATIONS MANAGEMENT ENTERPRISES (HOME) INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04774516
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01871637
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06646153
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0896889
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0610992
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0610992
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt020204
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0132693
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0152897
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013207
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12452337
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21410
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0298163
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FILES TAX RETURNS IN THE U. S. FEDERAL JURISDICTION. THE ORGANIZATION HAS NOT TAKEN ANY TAX POSITIONS THAT MANAGEMENT BELIEVES WOULD RESULT IN ADDITIONAL TAX LIABILITIES UPON EXAMINATION OF THE TAX RETURNS BY A TAX JURISDICTION. THE ORGANIZATION HAS NO OPEN TAX YEARS PRIOR TO 2017.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05405712
IRS990ScheduleD/TotalExpensesPerForm990Amt0896889
IRS990ScheduleD/TotalLiabilityAmt02466954
IRS990ScheduleD/TotalRevenuePerForm990Amt0298163
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0298163
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0896889
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL THREE OF THE DIRECTORS ARE OFFICERS OF THE SUPPORTED ORGANIZATION HOUSING OPERATIONS MANAGEMENT ENTERPRISES (HOME), INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S BOARD IS APPOINTED BY THE SUPPORTED ORGANIZATION HOUSING OPERATIONS MANAGEMENT ENTERPRISES (HOME), INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S POLICY IS FOR THE BOARD TREASURER AND THE PRESIDENT TO REVIEW THE 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REGULARLY ELICITS VERBAL (AND IN SOME CASES WRITTEN) DISCLOSURES OF CONFLICTS OF INTEREST AT ALL BOARD AND BOARD COMMITTEE MEETINGS. IN ADDITION, SEVERAL OF THE ORGANIZATION'S CONTRACTING GOVERNMENTAL AGENCIES (E.G., THE CITY OF NEW HAVEN) HAVE CONFLICT OF INTEREST DISCLOSURE POLICIES THAT ARE ALSO ENFORCED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S CERTIFICATE OF INCORPORATION AND CURRENT BOARD OF DIRECTORS IS AVAILABLE ON REQUEST AND ON THE SECRETARY OF THE STATE OF THE STATE OF CONNECTICUT'S WEBSITE. FINANCIAL INFORMATION IS AVAILABLE VIA THE ORGANIZATION'S 990 AVAILABLE ON REQUEST AND ON-LINE AT GUIDESTAR.ORG.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD PRESIDENT REVIEWS AND APPROVES A DRAFT OF THE AUDIT PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART X11 2B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0562537398
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0OWNER/RENTAL OF AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0WHALLEY TERRACE LIMITED PARTNERSHIP
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt0171 ORANGE STREET
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0NEW HAVEN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/ZIPCd006510
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0HOUSING OPERATIONS MANAGEMENT ENTERPRISES (HOME) INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING OPERATIONS MANAGEMENT ENTERPRISES (HOME) INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOME MANAGEMENT INC (INACTIVE)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0222873559
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1222873560
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0DEVELOPMENT & MANAGEMENT OF AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1MANAGEMENT OF AFFORDABLE HOUSING (INACTIVE)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 11
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0171 ORANGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1171 ORANGE STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW HAVEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEW HAVEN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1CT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd006510
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd106510
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0159874
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0PROPERTY MANAGEMENT SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0HOUSING OPERATIONS MANAGEMENT ENTERPRISES (HOME) INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06021847
IRS990/TotalAssetsEOYAmt05806105
IRS990/TotalAssetsGrp/BOYAmt06021847
IRS990/TotalAssetsGrp/EOYAmt05806105
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0896889
IRS990/TotalFunctionalExpensesGrp/TotalAmt0896889
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08804093
IRS990/TotalLiabilitiesEOYAmt09187077
IRS990/TotalLiabilitiesGrp/BOYAmt08804093
IRS990/TotalLiabilitiesGrp/EOYAmt09187077
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2782246
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-3380972
IRS990/TotalOtherCompensationAmt04305
IRS990/TotalProgramServiceExpensesAmt0896889
IRS990/TotalProgramServiceRevenueAmt0290859
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07304
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0290859
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0298163
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06021847
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05806105
IRS990/TotReportableCompRltdOrgAmt0114775
IRS990/TravelGrp/ProgramServicesAmt0539
IRS990/TravelGrp/TotalAmt0539
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0171 ORANGE ST
IRS990/USAddress/CityNm0NEW HAVEN
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006510
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BRETT HILL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02035624663
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-08-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOME DEVELOPMENT INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O HOME INC
ReturnHeader/Filer/BusinessNameControlTxt0HOME
ReturnHeader/Filer/EIN0222874259
ReturnHeader/Filer/PhoneNum02035624663
ReturnHeader/Filer/USAddress/AddressLine1Txt0171 ORANGE STREET

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,806,105
Liabilities
$9,187,077
Net assets
-$3,380,972
Revenue
$298,163
Expenses
$896,889
Net income
-$598,726
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.53$10.6$6.11$0.35$0.84$0.49
2024Summary only. Only limited summary data is available for this year.$4.83$10.5$5.62$0.33$0.86$0.53
2023Summary only. Only limited summary data is available for this year.$5.13$10.2$5.09$0.31$0.85$0.54
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.33$9.88$4.55$0.27$0.86$0.59
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.59$9.55$3.96$0.24$0.82$0.58
2020Detailed filing. Detailed filing data is available for this year.$5.81$9.19$3.38$0.30$0.90$0.60
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.02$8.80$2.78$0.31$0.80$0.49
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.23$8.53$2.29$0.30$0.83$0.53
2017Summary only. Only limited summary data is available for this year.$6.47$8.23$1.76$0.30$0.80$0.50
2016Summary only. Only limited summary data is available for this year.$6.80$8.07$1.26$0.08$0.20$0.12
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.86$8.00$1.14$0.30$0.79$0.49
2014Detailed filing. Detailed filing data is available for this year.$7.10$7.75$0.65$0.53$0.00$0.53
2013Summary only. Only limited summary data is available for this year.$7.14$7.26$0.12$0.46$0.00$0.46
2012Summary only. Only limited summary data is available for this year.$7.60$7.26$0.34$0.19$0.00$0.19
2011Summary only. Only limited summary data is available for this year.$7.96$7.42$0.54$0.18$0.00$0.18