Civic Intelligence

Willow Grove Community Development Corporation

990 • Fiscal year 2013 • EIN 23-2620431

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 11, 2014

Organization ProfileWILLOWGROVECDC.ORG
210 Cedar Ave19090

(215) 657-1055

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$4,937,819

Up $370,719 (+8.1%) from 2012

Net Assets

Down

$2,570,606

Down $101,231 (-3.8%) from 2012

Liabilities

Up

$2,367,213

Up $471,950 (+25%) from 2012

Revenue And Expenses

Revenue

$728,554

No earlier filing loaded for comparison.

Expenses

Up

$829,785

Up $35,356 (+4.5%) from 2012

Net Income

-$101,231

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $4,228,842Liabilities 2010: $1,711,200Net Assets 2010: $2,517,6422010Assets 2011: $4,703,893Liabilities 2011: $1,868,968Net Assets 2011: $2,834,9252011Assets 2012: $4,567,100Liabilities 2012: $1,895,263Net Assets 2012: $2,671,8372012Assets 2013: $4,937,819Liabilities 2013: $2,367,213Net Assets 2013: $2,570,6062013Assets 2014: $4,620,640Liabilities 2014: $2,318,339Net Assets 2014: $2,302,3012014Assets 2015: $4,334,236Liabilities 2015: $2,271,812Net Assets 2015: $2,062,4242015Assets 2016: $4,003,057Liabilities 2016: $2,226,853Net Assets 2016: $1,776,2042016Assets 2017: $3,702,567Liabilities 2017: $2,169,152Net Assets 2017: $1,533,4152017Assets 2018: $3,523,437Liabilities 2018: $2,115,188Net Assets 2018: $1,408,2492018Assets 2019: $3,373,081Liabilities 2019: $2,058,223Net Assets 2019: $1,314,8582019Assets 2020: $3,321,019Liabilities 2020: $2,011,463Net Assets 2020: $1,309,5562020Assets 2021: $3,302,850Liabilities 2021: $1,950,009Net Assets 2021: $1,352,8412021Assets 2022: $3,908,612Liabilities 2022: $2,538,004Net Assets 2022: $1,370,6082022Assets 2023: $5,146,757Liabilities 2023: $2,573,859Net Assets 2023: $2,572,8982023Assets 2024: $5,214,769Liabilities 2024: $2,642,580Net Assets 2024: $2,572,1892024

Highlighted filing

2013

Assets$4,937,819
Liabilities$2,367,213
Net Assets$2,570,606
Open 2013 Filing

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $679,0592010Expenses 2011: $727,8282011Expenses 2012: $794,4292012Revenue 2013: $728,554Expenses 2013: $829,785Net Income 2013: -$101,2312013Revenue 2014: $603,535Expenses 2014: $871,840Net Income 2014: -$268,3052014Revenue 2015: $618,511Expenses 2015: $858,388Net Income 2015: -$239,8772015Revenue 2016: $579,114Expenses 2016: $865,334Net Income 2016: -$286,2202016Revenue 2017: $608,218Expenses 2017: $851,007Net Income 2017: -$242,7892017Revenue 2018: $700,551Expenses 2018: $825,717Net Income 2018: -$125,1662018Revenue 2019: $723,815Expenses 2019: $817,206Net Income 2019: -$93,3912019Revenue 2020: $748,769Expenses 2020: $754,071Net Income 2020: -$5,3022020Revenue 2021: $830,209Expenses 2021: $786,924Net Income 2021: $43,2852021Revenue 2022: $785,055Expenses 2022: $767,288Net Income 2022: $17,7672022Revenue 2023: $2,003,394Expenses 2023: $801,104Net Income 2023: $1,202,2902023Revenue 2024: $914,126Expenses 2024: $914,835Net Income 2024: -$7092024

Highlighted filing

2013

Revenue$728,554
Expenses$829,785
Net Income-$101,231
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Nov 11, 2014
Return Version
2013v3.1
Gross Receipts
$728,554
Mission and Program Overview

Mission

Our mission is helping families and communities by providing affordable housing.

Our mission is to provide safe, affordable housing for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,354,907$4,306,851▼ $48,056
Savings and Temporary Cash Investments$116,101$567,955▲ $451,854
Prepaid Expenses and Deferred Charges$5,652--
Accounts Receivable$7,232$4,925▼ $2,307
Total Assets$4,567,100$4,937,819▲ $370,719
Other Assets Total$83,208$58,088▼ $25,120
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,790,968$2,320,940▲ $529,972
Unsecured Notes Loans Payable$44,370--
Other Liabilities$40,187$41,714▲ $1,527
Accounts Payable and Accrued Expenses$13,806--
Deferred Revenue$5,932$4,559▼ $1,373
Total Liabilities$1,895,263$2,367,213▲ $471,950
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,741,057$1,842,625▲ $101,568
Temporarily Rstr Net Assets$785,404$871,034▲ $85,630
Unrestricted Net Assets$145,376$-143,053▼ $288,429
Total Net Assets Fund Balance$2,671,837$2,570,606▼ $101,231
Total Liabilities and Net Assets / Fund Balance$4,567,100$4,937,819▲ $370,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,022,289$2,539,109$6,561,398
Land$284,500-$284,500
Equipment$62$4,366$4,428
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jack TarmanExecutive DiFT$76,600$76,600

Board Members and Trustees

NameTitle
Henry JacquelinPresident
Frank EmmerichDirector
Frederick WrightDirector
John ConnellDirector
Joseph TryonDirector
Lucy SharpDirector
Neil KlinghofferDirector
Robert BodamerDirector
Sam SwindellsDirector
Sandra BurneyDirector
William MillerDirector
William ThompsonDirector
Gene J DaileySecretary
John T Durkin JrTreasurer
Kenton KeiserVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$225,982
Program Service Revenue
$502,052
Investment Income
$520
Other Revenue
$0
All Other Contributions
$8,784
Change in Net Assets
$-101,231

Audited Revenue Reconciliation

Revenue per Audited Statements
$728,554
Total Revenue per Audited Statements
$728,554
Total Revenue per Form 990
$728,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$719,230
Salaries, Compensation, and Employee Benefits$110,555
Total Fundraising Expense$24,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$335,580--$335,580
Depreciation Depletion$226,171--$226,171
Interest$87,894--$87,894
Current Officers, Directors, Trustees, and Key Employees$34,470$26,810$15,320$76,600
Insurance$35,182$1,400$1,000$37,582
Other Salaries and Wages$9,216$7,168$4,096$20,480
Other Expenses$5,900$12,217$1,873$19,990
Fees for Services Accounting-$12,013-$12,013
Payroll Taxes$4,264$3,316$1,895$9,475
Other Employee Benefits$1,800$1,400$800$4,000
Total Functional Expenses$740,477$64,324$24,984$829,785

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$829,785
Total Expenses per Audited Statements$829,785
Total Expenses per Form 990$829,785
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Joseph TyronBoard MemberBank Loan RepaymentNo$313,689
Jim TarmanOfficer FamilyLandscaping ServicesNo$8,651
John DurkinTreasurerBookkeeping ServicesNo$5,296
William MillerBoard MemberBank Loan RepaymentNo$3,824
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$41,714
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
Yes
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
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, Page 6, Part VI, Line 11B

“Draft of 990 was sent to treasurer. Treasurer then presented the 990 to the board of directors and the return was approved.”

Form 990, Page 6, Part VI, Line 12C

“Any conflicts of interest are noted in the board of directors' minutes and the board member with the conflict will abstain from the discussion and t he vote. A statement of interest is completed upon joining the board and updated as needed.”

Form 990, Page 6, Part VI, Line 15A

“Outside consultant provided recommendations.”

Form 990, Page 6, Part VI, Line 19

“Willow grove community development corporation makes its governing documen ts, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

EIN
23-2620431
Phone
2156571055

Signing Officer

Name
John T Durkin Jr
Title
Treasurer
Phone
2156571055
Signed
2014-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Tdurkin Jr
Formed
1990
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
2
Volunteers
15

Preparer

Preparer
Cynthia R Bergvall CPA
Phone
2153432727
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“Accounting for uncertainty in income taxes - the corporation follows the accounting guidance for uncertainty in income taxes using the financial accounting standards board (fasb) asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more- likely -than not the position will be sustained upon examination of the tax authorities. The corporation believes it has support for the income tax positions taken on its tax returns. The corporation's open tax audit periods are december 31, 2010 to 2012. As of december 31, 2013, the corporation had no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.”

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IRS990/OtherAssetsTotalGrp/EOYAmt058088
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0800
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01400
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01800
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04000
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt01873
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012217
IRS990/OtherExpensesGrp/ProgramServicesAmt05900
IRS990/OtherExpensesGrp/TotalAmt019990
IRS990/OtherLiabilitiesGrp/BOYAmt040187
IRS990/OtherLiabilitiesGrp/EOYAmt041714
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04096
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt07168
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09216
IRS990/OtherSalariesAndWagesGrp/TotalAmt020480
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01895
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03316
IRS990/PayrollTaxesGrp/ProgramServicesAmt04264
IRS990/PayrollTaxesGrp/TotalAmt09475
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt01741057
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01842625
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05652
IRS990/PrincipalOfficerNm0JOHN TDURKIN JR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0502052
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0502052
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0139946
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0108
IRS990/PYOtherExpensesAmt0683923
IRS990/PYProgramServiceRevenueAmt0491287
IRS990/PYRevenuesLessExpensesAmt0-163088
IRS990/PYSalariesCompEmpBnftPaidAmt0110506
IRS990/PYTotalExpensesAmt0794429
IRS990/PYTotalRevenueAmt0631341
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-101231
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt029999
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0698035
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0116101
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0567955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0225982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0139946
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0592722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0142982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0221039
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01322671
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0520
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0108
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0136
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0321
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0186
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01271
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0502052
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0491287
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0452253
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0446963
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0421834
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02314389
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0520
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0108
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0136
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0321
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0186
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01271
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99960
IRS990ScheduleA/PublicSupportTotal509Amt03637060
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0728034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0631233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01044975
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0589945
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0642873
IRS990ScheduleA/Total509Grp/TotalAmt03637060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0728554
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0631341
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01045111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0590266
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0643059
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03638331
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt04022289
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02539109
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06561398
IRS990ScheduleD/EquipmentGrp/BookValueAmt062
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04366
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt04428
IRS990ScheduleD/ExpensesSubtotalAmt0829785
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0284500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0284500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt041714
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0728554
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - THE CORPORATION FOLLOWS THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE- LIKELY -THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TAX AUTHORITIES. THE CORPORATION BELIEVES IT HAS SUPPORT FOR THE INCOME TAX POSITIONS TAKEN ON ITS TAX RETURNS. THE CORPORATION'S OPEN TAX AUDIT PERIODS ARE DECEMBER 31, 2010 TO 2012. AS OF DECEMBER 31, 2013, THE CORPORATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04306851
IRS990ScheduleD/TotalExpensesPerForm990Amt0829785
IRS990ScheduleD/TotalLiabilityAmt041714
IRS990ScheduleD/TotalRevenuePerForm990Amt0728554
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0728554
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0829785
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JOSEPH TYRON
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1WILLIAM MILLER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm2JOHN DURKIN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm3JIM TARMAN
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1BOARD MEMBER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2TREASURER
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt3OFFICER FAMILY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd2false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd3false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0313689
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt13824
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt25296
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt38651
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0BANK LOAN REPAYMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BANK LOAN REPAYMENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2BOOKKEEPING SERVICES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc3LANDSCAPING SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DRAFT OF 990 WAS SENT TO TREASURER. TREASURER THEN PRESENTED THE 990 TO THE BOARD OF DIRECTORS AND THE RETURN WAS APPROVED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANY CONFLICTS OF INTEREST ARE NOTED IN THE BOARD OF DIRECTORS' MINUTES AND THE BOARD MEMBER WITH THE CONFLICT WILL ABSTAIN FROM THE DISCUSSION AND T HE VOTE. A STATEMENT OF INTEREST IS COMPLETED UPON JOINING THE BOARD AND UPDATED AS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUTSIDE CONSULTANT PROVIDED RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WILLOW GROVE COMMUNITY DEVELOPMENT CORPORATION MAKES ITS GOVERNING DOCUMEN TS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,937,819
Liabilities
$2,367,213
Net assets
$2,570,606
Revenue
$728,554
Expenses
$829,785
Net income
-$101,231
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.21$2.64$2.57$0.91$0.91$0.00
2023Detailed filing. Detailed filing data is available for this year.$5.15$2.57$2.57$2.00$0.80$1.20
2022Detailed filing. Detailed filing data is available for this year.$3.91$2.54$1.37$0.79$0.77$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.30$1.95$1.35$0.83$0.79$0.04
2020Detailed filing. Detailed filing data is available for this year.$3.32$2.01$1.31$0.75$0.75$0.01
2019Detailed filing. Detailed filing data is available for this year.$3.37$2.06$1.31$0.72$0.82$0.09
2018Detailed filing. Detailed filing data is available for this year.$3.52$2.12$1.41$0.70$0.83$0.13
2017Detailed filing. Detailed filing data is available for this year.$3.70$2.17$1.53$0.61$0.85$0.24
2016Detailed filing. Detailed filing data is available for this year.$4.00$2.23$1.78$0.58$0.87$0.29
2015Detailed filing. Detailed filing data is available for this year.$4.33$2.27$2.06$0.62$0.86$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.62$2.32$2.30$0.60$0.87$0.27
2013Detailed filing. Detailed filing data is available for this year.$4.94$2.37$2.57$0.73$0.83$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.57$1.90$2.67$0.79
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$1.87$2.83$0.73
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.23$1.71$2.52$0.68