Civic Intelligence

First Community Village

990 • Fiscal year 2015 • EIN 31-0655502

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 11, 2015

2335 North Bank DriveColumbus, OH 43220

(614) 451-2151

Siviq Scores

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

Liabilities / Assets

97th percentile

1.29x

Higher debt load relative to assets than 97% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

3.52x

Higher debt load relative to revenue than 90% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

13th percentile

-9.1%

Higher net margin than 13% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

61st percentile

$403,840

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

56th percentile

3.1%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

69th percentile

10%

Faster revenue growth than 69% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Assets

Up

$75,664,895

Up $2,260,186 (+3.1%) from 2014

Net Assets

Down

-$22,189,765

Down $2,558,690 (-13%) from 2014

Liabilities

Up

$97,854,660

Up $4,818,876 (+5.2%) from 2014

Revenue

Up

$27,838,765

Up $2,578,989 (+10%) from 2014

Expenses

Up

$30,381,142

Up $1,972,451 (+6.9%) from 2014

Net Income

Up

-$2,542,377

Up $606,538 (+19%) from 2014

Historical Trend

Balance Sheet Trend

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

$200M$100M$0-$100MAssets 2010: $84,105,146Liabilities 2010: $104,209,456Net Assets 2010: -$20,104,3102010Assets 2011: $73,490,135Liabilities 2011: $73,913,932Net Assets 2011: -$423,7972011Assets 2012: $76,270,151Liabilities 2012: $80,581,310Net Assets 2012: -$4,311,1592012Assets 2013: $72,139,473Liabilities 2013: $88,523,095Net Assets 2013: -$16,383,6222013Assets 2014: $73,404,709Liabilities 2014: $93,035,784Net Assets 2014: -$19,631,0752014Assets 2015: $75,664,895Liabilities 2015: $97,854,660Net Assets 2015: -$22,189,7652015Assets 2016: $74,106,362Liabilities 2016: $97,849,998Net Assets 2016: -$23,743,6362016Assets 2017: $71,985,585Liabilities 2017: $97,221,833Net Assets 2017: -$25,236,2482017Assets 2018: $70,360,775Liabilities 2018: $96,313,184Net Assets 2018: -$25,952,4092018Assets 2019: $73,540,974Liabilities 2019: $102,082,034Net Assets 2019: -$28,541,0602019Assets 2020: $88,611,658Liabilities 2020: $120,054,960Net Assets 2020: -$31,443,3022020Assets 2021: $122,549,081Liabilities 2021: $159,253,494Net Assets 2021: -$36,704,4132021Assets 2022: $109,244,110Liabilities 2022: $150,701,650Net Assets 2022: -$41,457,5402022Assets 2023: $109,312,480Liabilities 2023: $154,220,270Net Assets 2023: -$44,907,7902023Assets 2024: $105,729,939Liabilities 2024: $148,921,158Net Assets 2024: -$43,191,2192024

Highlighted filing

2015

Assets$75,664,895
Liabilities$97,854,660
Net Assets-$22,189,765

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $29,438,0682010Expenses 2011: $24,753,6342011Expenses 2012: $25,274,5252012Expenses 2013: $31,603,0952013Revenue 2014: $25,259,776Expenses 2014: $28,408,691Net Income 2014: -$3,148,9152014Revenue 2015: $27,838,765Expenses 2015: $30,381,142Net Income 2015: -$2,542,3772015Revenue 2016: $27,265,078Expenses 2016: $29,040,623Net Income 2016: -$1,775,5452016Revenue 2017: $26,140,283Expenses 2017: $27,537,832Net Income 2017: -$1,397,5492017Revenue 2018: $24,225,047Expenses 2018: $24,983,777Net Income 2018: -$758,7302018Revenue 2019: $23,616,605Expenses 2019: $25,806,647Net Income 2019: -$2,190,0422019Revenue 2020: $22,224,021Expenses 2020: $25,341,856Net Income 2020: -$3,117,8352020Revenue 2021: $19,045,598Expenses 2021: $24,520,256Net Income 2021: -$5,474,6582021Revenue 2022: $25,670,147Expenses 2022: $28,972,665Net Income 2022: -$3,302,5182022Revenue 2023: $27,994,439Expenses 2023: $31,444,689Net Income 2023: -$3,450,2502023Revenue 2024: $32,040,947Expenses 2024: $30,324,376Net Income 2024: $1,716,5712024

Highlighted filing

2015

Revenue$27,838,765
Expenses$30,381,142
Net Income-$2,542,377
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$27,959,451
Mission and Program Overview

Mission

Originating from a christian commitment of service, our mission is to provide high quality care, services and residential communities for all seniors.

Provide housing for low and moderate income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$47,584,824$50,863,035▲ $3,278,211
Intangible Assets$5,503,064$3,300,000▼ $2,203,064
Accounts Receivable$3,361,249$2,571,757▼ $789,492
Cash and Non-Interest-Bearing Accounts$824,446$1,739,414▲ $914,968
Savings and Temporary Cash Investments$0$1,191,557▲ $1,191,557
Prepaid Expenses and Deferred Charges$133,469$62,710▼ $70,759
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$73,404,709$75,664,895▲ $2,260,186
Other Assets Total$15,997,657$15,936,422▼ $61,235
Liabilities
Tax Exempt Bond Liabilities$52,405,000$50,267,373▼ $2,137,627
Other Liabilities$32,759,414$38,759,016▲ $5,999,602
Accounts Payable and Accrued Expenses$5,167,606$5,005,817▼ $161,789
Deferred Revenue$2,388,239$3,557,358▲ $1,169,119
Mortgage Notes Payable Secured by Investment Property$315,525$265,096▼ $50,429
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Total Liabilities$93,035,784$97,854,660▲ $4,818,876
Net Assets / Fund Balance
Temporarily Rstr Net Assets$778,618$764,178▼ $14,440
Permanently Rstr Net Assets$61,100$61,100→ $0
Unrestricted Net Assets$-20,470,793$-23,015,043▼ $2,544,250
Total Net Assets Fund Balance$-19,631,075$-22,189,765▼ $2,558,690
Total Liabilities and Net Assets / Fund Balance$73,404,709$75,664,895▲ $2,260,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$42,459,815$4,860,162$47,319,977
Equipment$3,535,520$2,682,644$6,218,164
Land$4,867,700-$4,867,700
Other Assets Org$51,818--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$61,100---$61,100
2013$61,100---$61,100
2012$61,100---$61,100
2011$61,100---$61,100
2010$676,719-▲ $9,965$625,584$61,100
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Noah T MooreExecutive DirectorFT$129,592$18,869$148,461
Judith a WrightAdministratorFT$104,684$9,437$114,121

Board Members and Trustees

NameTitle
Joanne J WhitemanPresident
Steven Van CampVice President
Brian BasilDirector
David RoyerDirector
Jenny Lou RenkertDirector
Joan HuberDirector
John GardnerDirector
Martha WheelerDirector
Mary Ann KraussDirector
Richard StoneDirector
Sally BloomfieldDirector
Judith NaderhoffVP/Sec/Treas thru 10/2014

Highest Paid Contractors

ContractorServicesLocationCompensation
PharmericaPharmacyPO BOX 409251, Atlanta, GA 30384$625,756
Daystar DevelopmentConstruction279 N State St Suite 104, Westerville, OH 43081$353,737
Zillnermarketing8725 ROSEHILL ROAD SUITE 200, Lenexa, KS 66215$244,021
Viox Services INClandscapingLOCATION 347, Cincinnati, OH 45264$190,089
Greenbrier Developmentmarketing3232 MCKINNEY AVE SUITE 1160, Dallas, TX 75204$182,957
Revenue and Support

Revenue Composition

Contributions and Grants
$21,905
Program Service Revenue
$27,081,350
Investment Income
$60,709
Other Revenue
$674,801
Change in Net Assets
$-2,542,377

Audited Revenue Reconciliation

Revenue per Audited Statements
$27,838,765
Revenue Not Reported on Form 990
$104,373
Total Revenue per Audited Statements
$27,943,138
Total Revenue per Form 990
$27,838,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,722,998
Salaries, Compensation, and Employee Benefits$12,658,144
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,719,976$121,647-$9,841,623
Depreciation Depletion$3,907,469--$3,907,469
Interest$3,203,698--$3,203,698
Occupancy$2,069,992--$2,069,992
Other Employee Benefits$1,943,824--$1,943,824
Fees for Services Management$69,355$1,397,879-$1,467,234
Advertising-$1,243,211-$1,243,211
Payroll Taxes$872,697--$872,697
All Other Expenses$737,013$200-$737,213
Information Technology$558,871--$558,871
Other Expenses$523,561--$523,561
Insurance$244,042--$244,042
Fees for Services Other$214,759--$214,759
Office Expenses$239$87,638-$87,877
Fees for Services Legal$60,947--$60,947
Fees for Services Accounting-$46,505-$46,505
Travel$13,164--$13,164
Total Functional Expenses$27,484,062$2,897,080$0$30,381,142

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$30,501,828
Expenses per Audited Statements$30,381,142
Total Expenses per Form 990$30,381,142
Expenses Not Reported on Form 990$120,686
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

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Entrance Fees$27,671,977
Related Party Loans$10,284,420
Resident Deposits$802,619

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Franklin Ohio2013-02-21$52,405,000Pay off term loans

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$51,515,138$0$1,247,765$1,023,572

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Exception to rebate
No
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
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

The sole member of the corporation shall, at all times, be national church residences.

FORM 990, PART VI, SECTION A, LINE 7A:

Members or trustees shall have the approval of the board of trustees of national church residences.

FORM 990, PART VI, SECTION A, LINE 7B:

National church residences is required to approve the selection of the board of trustees.

FORM 990, PART VI, SECTION B, LINE 11:

The 990 return is made available to the board prior to filing. An officer reviews the 990 return prior to signature.

FORM 990, PART VI, SECTION B, LINE 12C:

Any director, executive officer, or member of a committee with governing board delegated powers is covered under the organization's conflict of interest policy. Any person covered under this policy must disclose the existence of a conflict and be given the opportunity to disclose all material facts to the directors and members of board committees. All directos and officers shall also review and sign the conflict of interest disclosure statement on an annual basis, indentifying family members, possible related businesses, and investments and promptly report any changes to the chairperson that occur throughout the year. If a conflict exists, participation and voting right restrictions are imposed.

FORM 990, PART VI, SECTION B, LINE 19:

Governing documents, conflict of interest policy, and financial statements are provided upon request and through a secured website.

Filing and Contact Details

Filer

Filer Name
First Community Village
EIN
31-0655502
In Care Of
% JOHN WHITLOCK
Phone
6144512151
Address
2335 North Bank Drive, Columbus, OH 43220

Signing Officer

Name
John Whitlock
Title
vice president
Phone
6144512151
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joanne J Whiteman
Formed
1961
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
519
Volunteers
377

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
Greta L Rzymek CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

While our ministry has been targeted primarily toward older adults, we have special concern for low- and moderate-income seniors, persons with disabilities, and low- and moderate-income families. We are committed to expanding and funding services in assisted livine, nursing homes, and full-service retirement communities. We also plan for thoughtful growth in affordable family housing. We are committed to professionalism in the management of property, programs, and human resources and equally committed to compassion for the people we serve.

FORM 990, PART XII, LINE 2C:

The organization has an audit committee which oversees the audit of the financial statements and is involved in the selection of the independent accountant which completes the audit. This process has not changed from the prior year.

FORM 990, SCHEDULE R, PART II:

The related tax exempt organizations are all members of the group exemption #5048.

Form 990, Page 1, Item C:

The organization conducts business under the name: national church residences first community village.

Financial Statement Notes

Schedule D, Part XI , Line 2D

Gift shop expenses netted into gift shop revenue on the 990 $120,686

Schedule D, Part XII , Line 2D

$120,686 of gift shop expenses that were included in expenses on the audited financial statements, were netted into gift shop revenue on the 990 statement of revenue

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IRS990/Form990PartVIISectionAGrp/TitleTxt9VP/Sec/Treas thru 10/2014
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$106$149$43.2$32.0$30.3$1.72
2023Detailed filing. Detailed filing data is available for this year.$109$154$44.9$28.0$31.4$3.45
2022Detailed filing. Detailed filing data is available for this year.$109$151$41.5$25.7$29.0$3.30
2021Detailed filing. Detailed filing data is available for this year.$123$159$36.7$19.0$24.5$5.47
2020Detailed filing. Detailed filing data is available for this year.$88.6$120$31.4$22.2$25.3$3.12
2019Detailed filing. Detailed filing data is available for this year.$73.5$102$28.5$23.6$25.8$2.19
2018Detailed filing. Detailed filing data is available for this year.$70.4$96.3$26.0$24.2$25.0$0.76
2017Detailed filing. Detailed filing data is available for this year.$72.0$97.2$25.2$26.1$27.5$1.40
2016Detailed filing. Detailed filing data is available for this year.$74.1$97.8$23.7$27.3$29.0$1.78
2015Detailed filing. Detailed filing data is available for this year.$75.7$97.9$22.2$27.8$30.4$2.54
2014Detailed filing. Detailed filing data is available for this year.$73.4$93.0$19.6$25.3$28.4$3.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.1$88.5$16.4$31.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.3$80.6$4.31$25.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.5$73.9$0.42$24.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.1$104$20.1$29.4
Peer Organizations

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