Civic Intelligence

Housing Opportunities Mean

990 • Fiscal year 2016 • EIN 26-2927632

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 09, 2017

415 South KilpatrickChicago, IL 60644

(773) 261-2252

Siviq Scores

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

Liabilities / Assets

94th percentile

1.13x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

98th percentile

17.36x

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

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

6th percentile

-58%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

45th percentile

$109,178

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 16.8% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

29th percentile

-2.6%

Faster asset growth than 29% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

8.4%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$9,962,867

Down $261,931 (-2.6%) from 2015

Net Assets

Down

-$1,323,889

Down $375,680 (-40%) from 2015

Liabilities

Up

$11,286,756

Up $113,749 (+1.0%) from 2015

Revenue

Up

$650,269

Up $50,616 (+8.4%) from 2015

Expenses

Up

$1,025,949

Up $58,282 (+6.0%) from 2015

Net Income

Down

-$375,680

Down $7,666 (-2.1%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $10,574,126Liabilities 2014: $11,154,322Net Assets 2014: -$580,1962014Assets 2015: $10,224,798Liabilities 2015: $11,173,007Net Assets 2015: -$948,2092015Assets 2016: $9,962,867Liabilities 2016: $11,286,756Net Assets 2016: -$1,323,8892016Assets 2017: $9,567,012Liabilities 2017: $11,311,419Net Assets 2017: -$1,744,4072017Assets 2018: $9,079,712Liabilities 2018: $11,262,566Net Assets 2018: -$2,182,8542018Assets 2019: $8,728,767Liabilities 2019: $11,335,593Net Assets 2019: -$2,606,8262019

Highlighted filing

2016

Assets$9,962,867
Liabilities$11,286,756
Net Assets-$1,323,889

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $578,931Expenses 2014: $927,303Net Income 2014: -$348,3722014Revenue 2015: $599,653Expenses 2015: $967,667Net Income 2015: -$368,0142015Revenue 2016: $650,269Expenses 2016: $1,025,949Net Income 2016: -$375,6802016Revenue 2017: $643,005Expenses 2017: $1,063,523Net Income 2017: -$420,5182017Revenue 2018: $633,910Expenses 2018: $1,072,357Net Income 2018: -$438,4472018Revenue 2019: $650,430Expenses 2019: $1,074,402Net Income 2019: -$423,9722019

Highlighted filing

2016

Revenue$650,269
Expenses$1,025,949
Net Income-$375,680
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 9, 2017
Return Version
2016v3.0
Gross Receipts
$650,269
Mission and Program Overview

Mission

To provide affordable housing to the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,857,789$9,453,624▼ $404,165
Accounts Receivable$1,270$113,887▲ $112,617
Prepaid Expenses and Deferred Charges$32,461$31,464▼ $997
Savings and Temporary Cash Investments$10,293$10,314▲ $21
Cash and Non-Interest-Bearing Accounts$23,983$6,509▼ $17,474
Intangible Assets$5,268$4,778▼ $490
Total Assets$10,224,798$9,962,867▼ $261,931
Other Assets Total$293,734$342,291▲ $48,557
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,115,900$11,115,900→ $0
Accounts Payable and Accrued Expenses$38,996$153,320▲ $114,324
Other Liabilities$18,111$17,536▼ $575
Total Liabilities$11,173,007$11,286,756▲ $113,749
Net Assets / Fund Balance
Unrestricted Net Assets$-948,209$-1,323,889▼ $375,680
Total Net Assets Fund Balance$-948,209$-1,323,889▼ $375,680
Total Liabilities and Net Assets / Fund Balance$10,224,798$9,962,867▼ $261,931

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,062,946$2,110,623$11,173,569
Land$360,000-$360,000
Other Land Buildings$29,144$164,315$193,459
Equipment$1,534$13,377$14,911
Compensation and Service Providers

Board Members and Trustees

NameTitle
Donald J DewPresident/CEO
Cynthia WashingtonDirector
Karen D Barbee-dixonDirector
Ken SouthwardDirector
Michelle WilliamsDirector
Morris Allen JrDirector
Edy BurtonSecretary
Joyce K WadeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Statewide Investigative ServicesSecurity6430 NORTH CENTRAL AVENUE-204, Chicago, IL 60646$115,128
Revenue and Support

Revenue Composition

Contributions and Grants
$460,952
Program Service Revenue
$178,454
Investment Income
$803
Other Revenue
$10,060
Change in Net Assets
$-375,680

Audited Revenue Reconciliation

Revenue per Audited Statements
$650,269
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$650,269
Total Revenue per Form 990
$650,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$797,503
Salaries, Compensation, and Employee Benefits$228,446
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$424,678--$424,678
Occupancy$237,546--$237,546
Other Salaries and Wages$176,102--$176,102
Fees for Services Management$46,065--$46,065
Insurance$44,639--$44,639
Other Employee Benefits$38,954--$38,954
Fees for Services Accounting$27,521--$27,521
Office Expenses$14,302--$14,302
Payroll Taxes$13,390--$13,390
Other Expenses$1,200--$1,200
Interest$2--$2
Total Functional Expenses$1,025,949$0$0$1,025,949

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,025,949
Total Expenses per Audited Statements$1,025,949
Total Expenses per Form 990$1,025,949
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
Tenant Security$17,504
Prepaid Rent$32
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has secured the services of a management company (prairie management) to oversee the day to day operations.

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

The 990 is provided to the board of directors in draft form and once the board approves the 990 the board gives authorization for filing the 990.

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

The organization requires each board member and employee to review any potential conflict of interest annually.

Form 990, Part VI, Section C, Line 18

The organization makes it's form 1023 and 990 available upon request and it's also available on guidestar's website.

Form 990, Part VI, Section C, Line 19

The organization makes it's governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Housing Opportunities Mean
EIN
26-2927632
Phone
7732612252
Address
415 SOUTH KILPATRICK, CHICAGO, IL 60644

Signing Officer

Name
Donald J Dew
Title
President
Phone
7732612252
Signed
2017-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Dew
Formed
2007
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
8

Preparer

Firm
Washington Pittman and Mckeever LLC
Address
819 SOUTH WABASH AVENUE - SUITE 600, CHICAGO, IL 60605
Preparer
Vivian Funches
Phone
3127860330
Raw XML AppendixShowing 400 of 545 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/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0174602
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0170141
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0174124
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0878609
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04060
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt06395
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt016770
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02207
IRS990ScheduleA/OtherIncome170Grp/TotalAmt032516
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68600
IRS990ScheduleA/PublicSupportTotal170Amt01990098
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0460952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0422084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0397934
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0370567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0338561
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01990098
IRS990ScheduleA/TotalSupportAmt02901223
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/BookValueAmt09062946
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02110623
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011173569
IRS990ScheduleD/EquipmentGrp/BookValueAmt01534
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013377
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014911
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01025949
IRS990ScheduleD/LandGrp/BookValueAmt0360000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0360000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt029144
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0164315
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0193459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt032
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117504
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0650269
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09453624
IRS990ScheduleD/TotalExpensesPerForm990Amt01025949
IRS990ScheduleD/TotalLiabilityAmt017536
IRS990ScheduleD/TotalRevenuePerForm990Amt0650269
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0650269
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01025949
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0109178
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt172675
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2101854
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DONALD J DEW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOYCE K WADE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2KAREN D BARBEE-DIXON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0109178
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt172675
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2101854
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS SECURED THE SERVICES OF A MANAGEMENT COMPANY (PRAIRIE MANAGEMENT) TO OVERSEE THE DAY TO DAY OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS IN DRAFT FORM AND ONCE THE BOARD APPROVES THE 990 THE BOARD GIVES AUTHORIZATION FOR FILING THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION REQUIRES EACH BOARD MEMBER AND EMPLOYEE TO REVIEW ANY POTENTIAL CONFLICT OF INTEREST ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES IT'S FORM 1023 AND 990 AVAILABLE UPON REQUEST AND IT'S ALSO AVAILABLE ON GUIDESTAR'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C

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