Civic Intelligence

West Elmwood Housing Development Corp

990 • Fiscal year 2023 • EIN 23-7138165

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 16, 2024

Organization ProfileN/A

View Organization Page

224 Dexter StreetProvidence, RI 02907

(401) 453-3220

Siviq Scores

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

Liabilities / Assets

95th percentile

1.06x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

89th percentile

1.11x

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

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

24th percentile

-9.7%

Higher net margin than 24% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

67th percentile

$100,000

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

27th percentile

-2.8%

Faster asset growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

27th percentile

-7.9%

Faster revenue growth than 27% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$1,641,336

Down $46,463 (-2.8%) from 2022

Net Assets

Down

-$96,397

Down $1,603,264 (-106%) from 2022

Liabilities

Up

$1,737,733

Up $1,556,801 (+860%) from 2022

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin24th percentile

Revenue

Down

$1,560,489

Down $133,817 (-7.9%) from 2022

Expenses

Down

$1,712,555

Down $377,150 (-18%) from 2022

Net Income

Up

-$152,066

Up $243,333 (+62%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MAssets 2010: $6,710,647Liabilities 2010: $1,650,991Net Assets 2010: $5,059,6562010Assets 2011: $6,179,749Liabilities 2011: $2,787,504Net Assets 2011: $3,392,2452011Assets 2012: $4,932,694Liabilities 2012: $2,093,995Net Assets 2012: $2,838,6992012Assets 2013: $4,157,190Liabilities 2013: $1,544,422Net Assets 2013: $2,612,7682013Assets 2014: $4,405,403Liabilities 2014: $2,095,298Net Assets 2014: $2,310,1052014Assets 2015: $2,689,691Liabilities 2015: $626,435Net Assets 2015: $2,063,2562015Assets 2016: $3,088,742Liabilities 2016: $983,001Net Assets 2016: $2,105,7412016Assets 2017: $3,265,176Liabilities 2017: $1,116,432Net Assets 2017: $2,148,7442017Assets 2018: $3,324,320Liabilities 2018: $1,533,075Net Assets 2018: $1,791,2452018Assets 2019: $2,754,220Liabilities 2019: $1,060,792Net Assets 2019: $1,693,4282019Assets 2020: $2,957,242Liabilities 2020: $980,410Net Assets 2020: $1,976,8322020Assets 2021: $2,683,865Liabilities 2021: $781,599Net Assets 2021: $1,902,2662021Assets 2022: $1,687,799Liabilities 2022: $180,932Net Assets 2022: $1,506,8672022Assets 2023: $1,641,336Liabilities 2023: $1,737,733Net Assets 2023: -$96,3972023Assets 2024: $1,570,270Liabilities 2024: $1,973,513Net Assets 2024: -$403,2432024

Highlighted filing

2023

Assets$1,641,336
Liabilities$1,737,733
Net Assets-$96,397
Open 2023 Filing

Operations Trend

Revenue Growth27th percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,663,2522010Expenses 2011: $2,928,6022011Expenses 2012: $1,021,4562012Revenue 2013: $791,968Expenses 2013: $1,030,698Net Income 2013: -$238,7302013Revenue 2014: $734,660Expenses 2014: $1,037,323Net Income 2014: -$302,6632014Revenue 2015: $1,033,107Expenses 2015: $1,277,720Net Income 2015: -$244,6132015Revenue 2016: $1,047,033Expenses 2016: $1,008,197Net Income 2016: $38,8362016Revenue 2017: $805,301Expenses 2017: $774,655Net Income 2017: $30,6462017Revenue 2018: $783,215Expenses 2018: $1,124,224Net Income 2018: -$341,0092018Revenue 2019: $1,515,993Expenses 2019: $1,633,490Net Income 2019: -$117,4972019Revenue 2020: $2,494,096Expenses 2020: $2,227,975Net Income 2020: $266,1212020Revenue 2021: $2,278,071Expenses 2021: $2,219,481Net Income 2021: $58,5902021Revenue 2022: $1,694,306Expenses 2022: $2,089,705Net Income 2022: -$395,3992022Revenue 2023: $1,560,489Expenses 2023: $1,712,555Net Income 2023: -$152,0662023Revenue 2024: $1,277,921Expenses 2024: $1,584,767Net Income 2024: -$306,8462024

Highlighted filing

2023

Revenue$1,560,489
Expenses$1,712,555
Net Income-$152,066
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 16, 2024
Return Version
2023v5.1
Gross Receipts
$1,560,489
Mission and Program Overview

Mission

West elmwood housing development corporation (wehdc) is a private, not- for-profit organization incorporated in 1970. The key components of our mission are: enabling home ownership, community engagement and economic development. The mission of west elmwood housing development corporation is to promote the development of healthy, sustainable communities through housing services to help individuals and neighborhoods meet their affordable housing needs in the west end neighborhood and other parts of providence and rhode island. Wehdc strives to fulfill this mission by building and renovating homes, attracting resources into the neighborhood and investing in the diverse people who live in, work in and support the community. Wehdc accomplishes these goals by offering a variety of programs and services related to real estate development, economic development, home ownership development, including lending and community building and organizing and through strategic alliances.

Enabling home ownership, community engagement and economic development

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,424,615$617,645▼ $806,970
Pledges and Grants Receivable$217,314$267,226▲ $49,912
Cash and Non-Interest-Bearing Accounts$857,680$196,711▼ $660,969
Savings and Temporary Cash Investments-$152,541-
Land, Buildings, and Equipment, Net$54,891$86,757▲ $31,866
Prepaid Expenses and Deferred Charges-$52,721-
Investments in Publicly Traded Securities$69,891$28,682▼ $41,209
Accounts Receivable-$13,274-
Total Assets$1,687,799$1,641,336▼ $46,463
Other Assets Total$-936,592$225,779▲ $1,162,371
Liabilities
Other Liabilities$0$1,273,317▲ $1,273,317
Accounts Payable and Accrued Expenses$88,730$375,649▲ $286,919
Mortgage Notes Payable Secured by Investment Property$3,435$88,767▲ $85,332
Deferred Revenue$88,767--
Total Liabilities$180,932$1,737,733▲ $1,556,801
Net Assets / Fund Balance
Net Assets With Donor Restrictions$301,249$409,218▲ $107,969
Net Assets Without Donor Restrictions$1,205,618$-505,615▼ $1,711,233
Total Net Assets Fund Balance$1,506,867$-96,397▼ $1,603,264
Total Liabilities and Net Assets / Fund Balance$1,687,799$1,641,336▼ $46,463

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$50,206$127,363$177,569
Buildings$12,347$86,997$99,344
Equipment$8,877$20,712$29,589
Land$15,327-$15,327
Other Assets Org$128,118--
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Candace HarperExecutive DirectorFT$100,000$100,000

Board Members and Trustees

NameTitle
Sean FontesPresident
Angela AnkomaVice President
Andrea RayDirector
Brandford DavisDirector
Jose MonteiroDirector
Michelle RosaDirector
Rawn DuncanDirector
Sonia ThomasSecretary
Collin BailleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,488,307
Program Service Revenue
$62,706
Investment Income
$8,574
Other Revenue
$902
All Other Contributions
$594,206
Change in Net Assets
$-152,066

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,560,489
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,560,489
Total Revenue per Form 990
$1,560,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$975,547
Other Expenses$737,008
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$650,904$95,867-$746,771
Office Expenses$91,782$17,383-$109,165
Current Officers, Directors, Trustees, and Key Employees-$100,000-$100,000
Conferences and Meetings$86,924$1,769-$88,693
Occupancy$67,669$12,889-$80,558
Payroll Taxes$61,118$18,855-$79,973
Other Employee Benefits$37,297$11,506-$48,803
Fees for Services Other$46,830$267-$47,097
Other Expenses$40,222$7,645-$40,222
All Other Expenses$34,216$2,111-$36,327
Fees for Services Accounting-$33,900-$33,900
Insurance$14,447$3,547-$17,994
Information Technology$16,797$984-$17,781
Fees for Services Legal$16,033--$16,033
Depreciation Depletion$7,367$421-$7,788
Advertising$5,423--$5,423
Total Functional Expenses$1,405,411$307,144$0$1,712,555

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,855,101
Expenses per Audited Statements$1,712,555
Total Expenses per Form 990$1,712,555
Expenses Not Reported on Form 990$142,546
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Ownership of General PartnerLoanNo$1,569,750
-Common Board of DirectorsLoanNo$591,571
-Ownership of General PartnerLoanNo$400,000
-Common Board of DirectorsLoanNo$290,087
-Ownership of LLCRentNo$50,670
-Ownership of General PartnerIncentive Management FeeNo$25,624
-Ownership of General PartnerLoanNo$10,000
-Ownership of CorporationLoanNo$9,464
-Ownership of CorporationLoanNo$9,200
-Ownership of CorporationLoanNo$5,820
-Ownership of CorporationLoanNo$3,350
-Ownership of CorporationLoanNo$2,790
-Ownership of General PartnerLoanNo$1,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Investments in Limited Partnerships$1,273,317
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The tax return is provided to the organization prior to filing and signature of the executive director”

Form 990, Part VI, Section B, Line 15A

“The board of directors establishes the compensation of the executive director”

Form 990, Part VI, Section C, Line 19

“The organization does not make these documents available”

Filing and Contact Details

Filer

Filer Name
West Elmwood Housing Development Co
EIN
23-7138165
Phone
4014533220
Address
224 DEXTER STREET, PROVIDENCE, RI 02907

Signing Officer

Name
Candace Harper
Title
Executive Director
Phone
4014533220
Signed
2024-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Candace Harper
Formed
1970
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
9
Employees
25
Volunteers
10

Preparer

Firm
D'AMBRA CPA
Address
531 HARRIS AVENUE, WOONSOCKET, RI 02895-1872
Preparer
CRAIG D'AMBRA
Phone
4014742300
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book to ttax difference - losses from wholly owned corporations -142,546.”

FORM 990, PART XII, LINE 2C:

“No change from the prior year”

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Loss from wholly owned corporations gaap basis 142,546.”

Raw XML AppendixShowing 400 of 701 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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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ENABLING HOME OWNERSHIP, COMMUNITY ENGAGEMENT AND ECONOMIC DEVELOPMENT
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03435
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt088767
IRS990/NetAssetsOrFundBalancesBOYAmt01506867
IRS990/NetAssetsOrFundBalancesEOYAmt0-96397
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01205618
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-505615
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt012889
IRS990/OccupancyGrp/ProgramServicesAmt067669
IRS990/OccupancyGrp/TotalAmt080558
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt017383
IRS990/OfficeExpensesGrp/ProgramServicesAmt091782
IRS990/OfficeExpensesGrp/TotalAmt0109165
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0-936592
IRS990/OtherAssetsTotalGrp/EOYAmt0225779
IRS990/OtherChangesInNetAssetsAmt0-142546
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011506
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037297
IRS990/OtherEmployeeBenefitsGrp/TotalAmt048803
IRS990/OtherExpensesGrp/Desc0SUBCONTRACT COSTS
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc2PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3PROGRAM COSTS, SANKOFA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07645
IRS990/OtherExpensesGrp/ProgramServicesAmt0115276
IRS990/OtherExpensesGrp/ProgramServicesAmt170666
IRS990/OtherExpensesGrp/ProgramServicesAmt242440
IRS990/OtherExpensesGrp/ProgramServicesAmt340222
IRS990/OtherExpensesGrp/TotalAmt0115276
IRS990/OtherExpensesGrp/TotalAmt170666
IRS990/OtherExpensesGrp/TotalAmt250085
IRS990/OtherExpensesGrp/TotalAmt340222
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt01273317
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0902
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0902
IRS990/OtherRevenueTotalAmt0902
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt095867
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0650904
IRS990/OtherSalariesAndWagesGrp/TotalAmt0746771
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01424615
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0617645
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018855
IRS990/PayrollTaxesGrp/ProgramServicesAmt061118
IRS990/PayrollTaxesGrp/TotalAmt079973
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0217314
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0267226
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052721
IRS990/PrincipalOfficerNm0CANDACE HARPER
IRS990/PriorPeriodAdjustmentsAmt0-1308652
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt062706
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt062706
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY SERVICES TO IMPROVE THE HEALTH OF COMMUNITY PERSONS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01312532
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01483024
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01603988
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0810712
IRS990/PYInvestmentIncomeAmt013263
IRS990/PYOtherExpensesAmt0272975
IRS990/PYOtherRevenueAmt06710
IRS990/PYProgramServiceRevenueAmt070345
IRS990/PYRevenuesLessExpensesAmt0-395399
IRS990/PYSalariesCompEmpBnftPaidAmt01006018
IRS990/PYTotalExpensesAmt02089705
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01694306
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-152066
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt063608
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0152541
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01488307
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01608667
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02187753
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02348940
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01637511
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09271178
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08574
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02524
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt013263
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt011433
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt035794
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062706
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt058908
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt077055
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt084302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt051476
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0334447
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08574
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02524
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt013263
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011433
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt035794
IRS990ScheduleA/InvestmentIncomeCYPct00.00370
IRS990ScheduleA/InvestmentIncomePYPct00.00590
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0902
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt021207
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022109
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99400
IRS990ScheduleA/PublicSupportPY509Pct00.99410
IRS990ScheduleA/PublicSupportTotal509Amt09605625
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01551013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01667575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02264808
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02433242
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01688987
IRS990ScheduleA/Total509Grp/TotalAmt09605625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01560489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01691306
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02278071
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02444675
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01688987
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09663528
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt012347
IRS990ScheduleD/BuildingsGrp/DepreciationAmt086997
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt099344
IRS990ScheduleD/EquipmentGrp/BookValueAmt08877
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020712
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029589
IRS990ScheduleD/ExpensesNotReportedAmt0142546
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01712555
IRS990ScheduleD/LandGrp/BookValueAmt015327
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt015327
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt097661
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1128118
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0PROPERTY HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1PREDEVELOPMENT COSTS
IRS990ScheduleD/OtherExpensesIncludedAmt0142546
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt050206
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0127363
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0177569
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01273317
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INVESTMENTS IN LIMITED PARTNERSHIPS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01560489
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOSS FROM WHOLLY OWNED CORPORATIONS GAAP BASIS 142,546.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt086757
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0225779
IRS990ScheduleD/TotalExpensesPerForm990Amt01712555
IRS990ScheduleD/TotalLiabilityAmt01273317
IRS990ScheduleD/TotalRevenuePerForm990Amt01560489
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01560489
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01855101
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0HOPE RENEWED REALTY CORPORATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1WEST ELMWOOD HOME NEIGHBORWORKS HOME OWNERSHIP CENTER INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2BELLEVUE DEVELOPMENT ASSOCIATES LP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt3WESTFIELD DEVELOPMENT ASSOCIATES LP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt4WESTFIELD COMMONS LP
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt5WEH SANKOFA LP

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Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,641,336
Liabilities
$1,737,733
Net assets
-$96,397
Revenue
$1,560,489
Expenses
$1,712,555
Net income
-$152,066
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$1.97$0.40$1.28$1.58$0.31
2023Detailed filing. Detailed filing data is available for this year.$1.64$1.74$0.10$1.56$1.71$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.69$0.18$1.51$1.69$2.09$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.68$0.78$1.90$2.28$2.22$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.96$0.98$1.98$2.49$2.23$0.27
2019Detailed filing. Detailed filing data is available for this year.$2.75$1.06$1.69$1.52$1.63$0.12
2018Detailed filing. Detailed filing data is available for this year.$3.32$1.53$1.79$0.78$1.12$0.34
2017Detailed filing. Detailed filing data is available for this year.$3.27$1.12$2.15$0.81$0.77$0.03
2016Detailed filing. Detailed filing data is available for this year.$3.09$0.98$2.11$1.05$1.01$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.69$0.63$2.06$1.03$1.28$0.24
2014Detailed filing. Detailed filing data is available for this year.$4.41$2.10$2.31$0.73$1.04$0.30
2013Detailed filing. Detailed filing data is available for this year.$4.16$1.54$2.61$0.79$1.03$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.93$2.09$2.84$1.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.18$2.79$3.39$2.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.71$1.65$5.06$3.66