Civic Intelligence

Housing Opportunities Mean

990 • Fiscal year 2018 • EIN 26-2927632

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 15, 2019

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

95th percentile

1.24x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

98th percentile

17.77x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

4th percentile

-69%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

71st percentile

$180,689

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 28.5% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

21st percentile

-5.1%

Faster asset growth than 21% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

33rd percentile

-1.4%

Faster revenue growth than 33% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$9,079,712

Down $487,300 (-5.1%) from 2017

Net Assets

Down

-$2,182,854

Down $438,447 (-25%) from 2017

Liabilities

Down

$11,262,566

Down $48,853 (-0.4%) from 2017

Revenue

Down

$633,910

Down $9,095 (-1.4%) from 2017

Expenses

Up

$1,072,357

Up $8,834 (+0.8%) from 2017

Net Income

Down

-$438,447

Down $17,929 (-4.3%) from 2017

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

2018

Assets$9,079,712
Liabilities$11,262,566
Net Assets-$2,182,854

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

2018

Revenue$633,910
Expenses$1,072,357
Net Income-$438,447
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 15, 2019
Return Version
2018v3.1
Gross Receipts
$633,910
Mission and Program Overview

Mission

To provide affordable housing to the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,038,793$8,626,035▼ $412,758
Prepaid Expenses and Deferred Charges$28,958$28,953▼ $5
Savings and Temporary Cash Investments$10,334$10,356▲ $22
Intangible Assets$4,288$3,798▼ $490
Cash and Non-Interest-Bearing Accounts$10,695$2,362▼ $8,333
Accounts Receivable$114,849$588▼ $114,261
Total Assets$9,567,012$9,079,712▼ $487,300
Other Assets Total$359,095$407,620▲ $48,525
Liabilities
Mortgage Notes Payable Secured by Investment Property$11,115,900$11,115,900→ $0
Accounts Payable and Accrued Expenses$177,873$128,684▼ $49,189
Other Liabilities$17,646$17,982▲ $336
Total Liabilities$11,311,419$11,262,566▼ $48,853
Net Assets / Fund Balance
Unrestricted Net Assets$-1,744,407$-2,182,854▼ $438,447
Total Net Assets Fund Balance$-1,744,407$-2,182,854▼ $438,447
Total Liabilities and Net Assets / Fund Balance$9,567,012$9,079,712▼ $487,300

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,250,041$2,923,528$11,173,569
Land$360,000-$360,000
Other Land Buildings$15,687$177,772$193,459
Equipment$307$14,604$14,911
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Joyce K WadeTreasurerPT$109,841$109,841

Board Members and Trustees

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

Highest Paid Contractors

ContractorServicesLocationCompensation
Statewide Investigative ServicesSecurity6430 NORTH CENTRAL AVENUE-204, Chicago, IL 60646$127,825
Revenue and Support

Revenue Composition

Contributions and Grants
$448,873
Program Service Revenue
$181,093
Investment Income
$499
Other Revenue
$3,445
Change in Net Assets
$-438,447

Audited Revenue Reconciliation

Revenue per Audited Statements
$633,910
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$633,910
Total Revenue per Form 990
$633,910
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$844,339
Salaries, Compensation, and Employee Benefits$228,018
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$413,248--$413,248
Occupancy$292,294--$292,294
Other Salaries and Wages$179,670--$179,670
Fees for Services Management-$52,560-$52,560
Insurance$36,778--$36,778
Other Employee Benefits$32,977--$32,977
Fees for Services Accounting-$28,021-$28,021
Office Expenses$21,435--$21,435
Payroll Taxes$15,371--$15,371
Interest$3--$3
Total Functional Expenses$991,776$80,581$0$1,072,357

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,072,357
Total Expenses per Audited Statements$1,072,357
Total Expenses per Form 990$1,072,357
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 Deposits$17,420
Prepaid Rent$562
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
2019-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald J Dew
Formed
2007
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
4
Employees
7
Volunteers
7

Preparer

Firm
Mitchell & Titus Llp
Address
ONE BATTERY PARK PLAZA, NEW YORK, NY 10004
Preparer
Frederick E Davis Jr
Phone
2127094500
Raw XML AppendixShowing 400 of 524 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/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt03523
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04060
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt03084
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06395
IRS990ScheduleA/OtherIncome170Grp/TotalAmt020507
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.70500
IRS990ScheduleA/PublicSupportPY170Pct00.69700
IRS990ScheduleA/PublicSupportTotal170Amt02189683
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0448873
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0459840
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0460952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0422084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0397934
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02189683
IRS990ScheduleA/TotalSupportAmt03105768
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/BookValueAmt08250041
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02923528
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt011173569
IRS990ScheduleD/EquipmentGrp/BookValueAmt0307
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014604
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014911
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01072357
IRS990ScheduleD/LandGrp/BookValueAmt0360000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0360000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt015687
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0177772
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0193459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0562
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt117420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0633910
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08626035
IRS990ScheduleD/TotalExpensesPerForm990Amt01072357
IRS990ScheduleD/TotalLiabilityAmt017982
IRS990ScheduleD/TotalRevenuePerForm990Amt0633910
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0633910
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01072357
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0180689
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1152054
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DONALD J DEW
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1KAREN D BARBEE-DIXON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0180689
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1152054
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HABILITATIVE SYSTEMS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1HOUSING OPPORTUNITIES MEAN EMPOWERMENT II INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2HOUSING OPPORTUNITIES MEAN EMPOWERMENT INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362969062
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1311516261
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2364081116
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)

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