Civic Intelligence

Carlisle Opportunity Homes Inc

EIN 23-1706834 • 501(c)3 • Carlisle, PA

Profile

To provide low to moderate income rental housing for the carlisle pennsylvania community and surrounding area.

PO Box 517Carlisle, PA 17013-0517

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

100th percentile

469%

Higher net margin than 100% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$0

Down $254,620 (-100%) from 2023

Liabilities

Down

$0

Down $6,282 (-100%) from 2023

Net Assets

Down

$0

Down $248,338 (-100%) from 2023

Revenue

Down

-$52,922

Down $169,695 (-145%) from 2023

Expenses

Up

$195,416

Up $7,741 (+4.1%) from 2023

Net Income

Down

-$248,338

Down $177,436 (-250%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $330,849Liabilities 2011: $4,1212011Assets 2012: $362,826Liabilities 2012: $5,3322012Assets 2013: $401,789Liabilities 2013: $6,0142013Assets 2014: $403,268Liabilities 2014: $4,8822014Assets 2015: $385,295Liabilities 2015: $4,9062015Assets 2016: $416,631Liabilities 2016: $4,932Net Assets 2016: $411,6992016Assets 2017: $383,316Liabilities 2017: $3,902Net Assets 2017: $379,4142017Assets 2018: $346,345Liabilities 2018: $3,7172018Assets 2019: $319,073Liabilities 2019: $6,587Net Assets 2019: $312,4862019Assets 2020: $316,457Liabilities 2020: $6,607Net Assets 2020: $309,8502020Assets 2021: $301,815Liabilities 2021: $6,607Net Assets 2021: $295,2082021Assets 2022: $325,522Liabilities 2022: $6,282Net Assets 2022: $319,2402022Assets 2023: $254,620Liabilities 2023: $6,282Net Assets 2023: $248,3382023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200K-$400KRevenue 2011: $138,643Expenses 2011: $133,723Net Income 2011: $4,9202011Revenue 2012: $183,484Expenses 2012: $152,719Net Income 2012: $30,7652012Revenue 2013: $188,023Expenses 2013: $149,742Net Income 2013: $38,2812013Revenue 2014: $162,981Expenses 2014: $160,369Net Income 2014: $2,6122014Revenue 2015: $143,450Expenses 2015: $161,448Net Income 2015: -$17,9982015Revenue 2016: $149,095Expenses 2016: $117,784Net Income 2016: $31,3112016Revenue 2017: $154,711Expenses 2017: $186,997Net Income 2017: -$32,2862017Revenue 2018: $145,297Expenses 2018: $182,081Net Income 2018: -$36,7842018Revenue 2019: $150,022Expenses 2019: $180,166Net Income 2019: -$30,1442019Revenue 2020: $154,464Expenses 2020: $157,100Net Income 2020: -$2,6362020Revenue 2021: $161,934Expenses 2021: $176,575Net Income 2021: -$14,6412021Revenue 2022: $206,635Expenses 2022: $182,603Net Income 2022: $24,0322022Revenue 2023: $116,773Expenses 2023: $187,675Net Income 2023: -$70,9022023Revenue 2024: -$52,922Expenses 2024: $195,416Net Income 2024: -$248,3382024

Highlighted filing

2024

Revenue-$52,922
Expenses$195,416
Net Income-$248,338

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.53$1.95$2.48
2023Detailed filing. Detailed filing data is available for this year.$2.55$0.06$2.48$1.17$1.88$0.71
2022Detailed filing. Detailed filing data is available for this year.$3.26$0.06$3.19$2.07$1.83$0.24
2021Detailed filing. Detailed filing data is available for this year.$3.02$0.07$2.95$1.62$1.77$0.15
2020Detailed filing. Detailed filing data is available for this year.$3.16$0.07$3.10$1.54$1.57$0.03
2019Detailed filing. Detailed filing data is available for this year.$3.19$0.07$3.12$1.50$1.80$0.30
2018Summary only. Only limited summary data is available for this year.$3.46$0.04$1.45$1.82$0.37
2017Detailed filing. Detailed filing data is available for this year.$3.83$0.04$3.79$1.55$1.87$0.32
2016Detailed filing. Detailed filing data is available for this year.$4.17$0.05$4.12$1.49$1.18$0.31
2015Summary only. Only limited summary data is available for this year.$3.85$0.05$1.43$1.61$0.18
2014Summary only. Only limited summary data is available for this year.$4.03$0.05$1.63$1.60$0.03
2013Summary only. Only limited summary data is available for this year.$4.02$0.06$1.88$1.50$0.38
2012Summary only. Only limited summary data is available for this year.$3.63$0.05$1.83$1.53$0.31
2011Summary only. Only limited summary data is available for this year.$3.31$0.04$1.39$1.34$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 10, 2025
Return Version
2024v5.0
Gross Receipts
$132,004
Mission and Program Overview

Mission

To provide low to moderate income rental housing.

To provide low to moderate income rental housing for the carlisle pennsylvania community and surrounding area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$208,979--
Cash and Non-Interest-Bearing Accounts$27,471--
Savings and Temporary Cash Investments$18,093--
Total Assets$254,620$0▼ $254,620
Other Assets Total$77--
Liabilities
Other Liabilities$6,282--
Total Liabilities$6,282$0▼ $6,282
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$248,338--
Total Net Assets Fund Balance$248,338$0▼ $248,338
Total Liabilities and Net Assets / Fund Balance$254,620$0▼ $254,620
Compensation and Service Providers

Board Members and Trustees

NameTitle
George F Douglas IiiPresident
Barbara WoodsBoard Member
Judy CobbBoard Member
Tom GuslerBoard Member
Sonya BrowneSecretary
Joni CaponeTreasurer
Mark BishopVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$132,004
Investment Income
$-184,926
Other Revenue
$0
Change in Net Assets
$-248,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$195,416
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
Depreciation Depletion$24,052--$24,052
All Other Expenses$22,819--$22,819
Other Expenses$10,397--$10,397
Insurance$8,850--$8,850
Fees for Services Legal$4,604--$4,604
Fees for Services Management$530--$530
Total Functional Expenses$195,416$0$0$195,416
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Carlisle Opportunity Homes Inc
EIN
23-1706834
Phone
7172495321
Address
PO BOX 517, CARLISLE, PA 17013-0517

Signing Officer

Name
Joni Capone
Title
Treasurer
Phone
7172496333
Signed
2025-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joni Capone
Formed
1969
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Cohick & Associates
Address
396 ALEXANDER SPRING RD, CARLISLE, PA 17015-9268
Preparer
Jeffrey S Cohick Ea
Phone
7172495321
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The program of carlisle opportunity homes, inc, (coh) provides rental housing for approximately 31 low and moderate income families. In order to maintain and improve rental housing quality coh continued its program of house inspection and significant expenditures on maintenance and repair during 2016. Coh contracts annually with the redevelopment authority of cumberland county to provide the overall management services and property maintenance services which it also provides for its own extensive affordable housing programs. A property manager has defined the mission of coh as an "organization of second chance" for those who do not meet the more stringent guidelines for public housing. Some of our clients are recipients of section 8 payments. Coh clients must pass a selection review process and are provided with firm guidance in realizing their housing needs in well maintained housing units. New clients are identified through a housing waiting list maintained by the housing authority, through focused advertisements and general publicity in the local newspaper, and through focused advertisements and general publicity in the local newspaper, and through word-of-mouth by current clients and in the local community. Although coh has pursued an open, non- discriminatory selection procedure since its inception, it adopted a set of written criteria in 1998. The board of directors scrutinizes each case to determine need and ability to meet subsidized rental or lease -purchase obligations on an objective, non-discriminatory basis. Family-unit size is matched with the number of rooms/bedrooms in the available housing. A committee of the board of directors reviews each family situation in detail before accepting the client into the program. Clients who do not meet their financial obligations are counseled and may be terminated if it is clear that they cannot or will not meet their obligations. Board members also inspect housing units on a regular basis and arrange for regular maintenance. In order to maintain and improve the existing community housing stock coh will occasionally buy a deteriorating house, rehabilitate it, and offer it for rental or sale to a qualified family.

Form 990, Part IX, Line 24E

Maintenance & repairs 6,684 0 0 utility 6,527 0 0 rent collector fee 5,000 0 0 materials 2,579 0 0 pest control 2,029 0 0 total 22,819 0 0

Raw XML Appendix332 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0138389
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0154464
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IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0VARIOUS PROPERTY
IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt02024-12-31
IRS990ScheduleN/DispositionOfAssetsDetail/EIN0232405118
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IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt0501(C)3
IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt0BAL SHEET
IRS990ScheduleN/DispositionOfAssetsDetail/PersonNm0SAFE HARBOUR
IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt0102 W HIGH ST
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PROGRAM OF CARLISLE OPPORTUNITY HOMES, INC, (COH) PROVIDES RENTAL HOUSING FOR APPROXIMATELY 31 LOW AND MODERATE INCOME FAMILIES. IN ORDER TO MAINTAIN AND IMPROVE RENTAL HOUSING QUALITY COH CONTINUED ITS PROGRAM OF HOUSE INSPECTION AND SIGNIFICANT EXPENDITURES ON MAINTENANCE AND REPAIR DURING 2016. COH CONTRACTS ANNUALLY WITH THE REDEVELOPMENT AUTHORITY OF CUMBERLAND COUNTY TO PROVIDE THE OVERALL MANAGEMENT SERVICES AND PROPERTY MAINTENANCE SERVICES WHICH IT ALSO PROVIDES FOR ITS OWN EXTENSIVE AFFORDABLE HOUSING PROGRAMS. A PROPERTY MANAGER HAS DEFINED THE MISSION OF COH AS AN "ORGANIZATION OF SECOND CHANCE" FOR THOSE WHO DO NOT MEET THE MORE STRINGENT GUIDELINES FOR PUBLIC HOUSING. SOME OF OUR CLIENTS ARE RECIPIENTS OF SECTION 8 PAYMENTS. COH CLIENTS MUST PASS A SELECTION REVIEW PROCESS AND ARE PROVIDED WITH FIRM GUIDANCE IN REALIZING THEIR HOUSING NEEDS IN WELL MAINTAINED HOUSING UNITS. NEW CLIENTS ARE IDENTIFIED THROUGH A HOUSING WAITING LIST MAINTAINED BY THE HOUSING AUTHORITY, THROUGH FOCUSED ADVERTISEMENTS AND GENERAL PUBLICITY IN THE LOCAL NEWSPAPER, AND THROUGH FOCUSED ADVERTISEMENTS AND GENERAL PUBLICITY IN THE LOCAL NEWSPAPER, AND THROUGH WORD-OF-MOUTH BY CURRENT CLIENTS AND IN THE LOCAL COMMUNITY. ALTHOUGH COH HAS PURSUED AN OPEN, NON- DISCRIMINATORY SELECTION PROCEDURE SINCE ITS INCEPTION, IT ADOPTED A SET OF WRITTEN CRITERIA IN 1998. THE BOARD OF DIRECTORS SCRUTINIZES EACH CASE TO DETERMINE NEED AND ABILITY TO MEET SUBSIDIZED RENTAL OR LEASE -PURCHASE OBLIGATIONS ON AN OBJECTIVE, NON-DISCRIMINATORY BASIS. FAMILY-UNIT SIZE IS MATCHED WITH THE NUMBER OF ROOMS/BEDROOMS IN THE AVAILABLE HOUSING. A COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS EACH FAMILY SITUATION IN DETAIL BEFORE ACCEPTING THE CLIENT INTO THE PROGRAM. CLIENTS WHO DO NOT MEET THEIR FINANCIAL OBLIGATIONS ARE COUNSELED AND MAY BE TERMINATED IF IT IS CLEAR THAT THEY CANNOT OR WILL NOT MEET THEIR OBLIGATIONS. BOARD MEMBERS ALSO INSPECT HOUSING UNITS ON A REGULAR BASIS AND ARRANGE FOR REGULAR MAINTENANCE. IN ORDER TO MAINTAIN AND IMPROVE THE EXISTING COMMUNITY HOUSING STOCK COH WILL OCCASIONALLY BUY A DETERIORATING HOUSE, REHABILITATE IT, AND OFFER IT FOR RENTAL OR SALE TO A QUALIFIED FAMILY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAINTENANCE & REPAIRS 6,684 0 0 UTILITY 6,527 0 0 RENT COLLECTOR FEE 5,000 0 0 MATERIALS 2,579 0 0 PEST CONTROL 2,029 0 0 TOTAL 22,819 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARLISLE OPPORTUNITY HOMES INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHICK & ASSOCIATES
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY S COHICK EA
ReturnHeader/ReturnTs02025-02-10T18:04:25-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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