Civic Intelligence

Somerset Home Ownership Commission Inc.

990 • Fiscal year 2017 • EIN 31-1540596

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 15, 2018

Organization ProfileN/A
PO Box 449Somerset, KY 42502

(606) 679-1332

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.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

23.39x

Higher debt load relative to revenue than 100% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

4th percentile

-124%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

27th percentile

-11%

Faster asset growth than 27% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

4th percentile

-78%

Faster revenue growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets95th percentile

Assets

Down

$390,239

Down $49,915 (-11%) from 2016

Net Assets

Down

-$24,654

Down $21,938 (-808%) from 2016

Liabilities

Down

$414,893

Down $27,977 (-6.3%) from 2016

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin4th percentile

Revenue

Down

$17,739

Down $63,277 (-78%) from 2016

Expenses

Up

$39,677

Up $5,182 (+15%) from 2016

Net Income

Down

-$21,938

Down $68,459 (-147%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2011: $1,243,108Liabilities 2011: $820,997Net Assets 2011: $422,1112011Assets 2012: $819,223Liabilities 2012: $758,679Net Assets 2012: $60,5442012Assets 2013: $584,691Liabilities 2013: $643,155Net Assets 2013: -$58,4642013Assets 2014: $556,483Liabilities 2014: $592,647Net Assets 2014: -$36,1642014Assets 2015: $525,371Liabilities 2015: $574,608Net Assets 2015: -$49,2372015Assets 2016: $440,154Liabilities 2016: $442,870Net Assets 2016: -$2,7162016Assets 2017: $390,239Liabilities 2017: $414,893Net Assets 2017: -$24,6542017Assets 2018: $420,661Liabilities 2018: $384,245Net Assets 2018: $36,4162018Assets 2019: $334,775Liabilities 2019: $297,591Net Assets 2019: $37,1842019Assets 2020: $328,418Liabilities 2020: $282,152Net Assets 2020: $46,2662020Assets 2021: $291,156Liabilities 2021: $227,796Net Assets 2021: $63,3602021Assets 2022: $263,148Liabilities 2022: $215,904Net Assets 2022: $47,2442022Assets 2023: $222,570Liabilities 2023: $204,127Net Assets 2023: $18,4432023Assets 2024: $184,686Liabilities 2024: $191,725Net Assets 2024: -$7,0392024

Highlighted filing

2017

Assets$390,239
Liabilities$414,893
Net Assets-$24,654
Open 2017 Filing

Operations Trend

Revenue Growth4th percentile

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

$200K$100K$0-$100K-$200KExpenses 2011: $70,6982011Expenses 2012: $93,0692012Revenue 2013: $45,005Expenses 2013: $164,013Net Income 2013: -$119,0082013Revenue 2014: $32,593Expenses 2014: $10,293Net Income 2014: $22,3002014Revenue 2015: $29,300Expenses 2015: $42,373Net Income 2015: -$13,0732015Revenue 2016: $81,016Expenses 2016: $34,495Net Income 2016: $46,5212016Revenue 2017: $17,739Expenses 2017: $39,677Net Income 2017: -$21,9382017Revenue 2018: $85,318Expenses 2018: $24,248Net Income 2018: $61,0702018Revenue 2019: $30,735Expenses 2019: $29,967Net Income 2019: $7682019Revenue 2020: $25,824Expenses 2020: $16,742Net Income 2020: $9,0822020Revenue 2021: $34,000Expenses 2021: $16,906Net Income 2021: $17,0942021Revenue 2022: $50Expenses 2022: $16,166Net Income 2022: -$16,1162022Revenue 2023: $0Expenses 2023: $28,801Net Income 2023: -$28,8012023Revenue 2024: $0Expenses 2024: $25,482Net Income 2024: -$25,4822024

Highlighted filing

2017

Revenue$17,739
Expenses$39,677
Net Income-$21,938
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$17,739
Mission and Program Overview

Mission

The commission works to provide opportunitites for the purchase of affordable single-family housing and the revitalization of neighborhoods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$357,268$324,919▼ $32,349
Inventories for Sale or Use$43,550$43,550→ $0
Cash and Non-Interest-Bearing Accounts$35,144$17,578▼ $17,566
Accounts Receivable$4,192$4,192→ $0
Total Assets$440,154$390,239▼ $49,915
Liabilities
Mortgage Notes Payable Secured by Investment Property$421,131$400,262▼ $20,869
Other Liabilities$16,411$9,302▼ $7,109
Accounts Payable and Accrued Expenses$5,328$5,329▲ $1
Total Liabilities$442,870$414,893▼ $27,977
Net Assets / Fund Balance
Unrestricted Net Assets$-2,716$-24,654▼ $21,938
Total Net Assets Fund Balance$-2,716$-24,654▼ $21,938
Total Liabilities and Net Assets / Fund Balance$440,154$390,239▼ $49,915
Compensation and Service Providers
Top Officer Pay76th percentile

Board Members and Trustees

NameTitle
Ken HayfordPresident
Bernice JonesDirector
Scarlett JasperDirector
Frances SmithSecretary/tr
Barbara ChaneyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,660
Investment Income
$0
Other Revenue
$14,079
Change in Net Assets
$-21,938

Audited Revenue Reconciliation

Revenue per Audited Statements
$17,739
Total Revenue per Audited Statements
$17,739
Total Revenue per Form 990
$17,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,677
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$29,108--$29,108
Fees for Services Legal-$3,024-$3,024
Insurance$2,861--$2,861
Fees for Services Accounting-$2,202-$2,202
Other Expenses$1,809$673-$673
Total Functional Expenses$33,778$5,899$0$39,677

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$39,677
Total Expenses per Audited Statements$39,677
Total Expenses per Form 990$39,677
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
Accrued Audit Fees$4,680
Accrued Interest$3,961
Tax & Insurance Escrow$661
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
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

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Somerset Home Ownership
EIN
31-1540596
Phone
6066791332
Address
PO BOX 449, SOMERSET, KY 42502

Signing Officer

Name
Frances Smith
Title
Secretary/treasurer
Phone
6066791332
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Evans Harville Atwell & Co Cpas Pllc
Address
PO BOX 1309, SOMERSET, KY 42502-1309
Preparer
Jon R Harville CPA
Phone
6066795090
Raw XML Appendix313 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt05328
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05329
IRS990/AccountsReceivableGrp/BOYAmt04192
IRS990/AccountsReceivableGrp/EOYAmt04192
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE COMMISSION WORKS TO PROVIDE OPPORTUNITITES FOR THE PURCHASE OF AFFORDABLE SINGLE-FAMILY HOUSING AND THE REVITALIZATION OF NEIGHBORHOODS.
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0SOMERSET HOME OWNERSHIP COMMISSION
IRS990/BooksInCareOfDetail/PhoneNum06066791332
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 449
IRS990/BooksInCareOfDetail/USAddress/CityNm0SOMERSET
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd042502
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt035144
IRS990/CashNonInterestBearingGrp/EOYAmt017578
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt039677
IRS990/CYOtherRevenueAmt014079
IRS990/CYProgramServiceRevenueAmt03660
IRS990/CYRevenuesLessExpensesAmt0-21938
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt039677
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt017739
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0THE COMMISSION WORKS TO PROVIDE OPPORTUNITITES FOR THE PURCHASE OF AFFORDABLE SINGLE-FAMILY HOUSING AND THE REVITALIZATION OF NEIGHBORHOODS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt033778
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02202
IRS990/FeesForServicesAccountingGrp/TotalAmt02202
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03024
IRS990/FeesForServicesLegalGrp/TotalAmt03024
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0FRANCES SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1BERNICE JONES
IRS990/Form990PartVIISectionAGrp/PersonNm2KEN HAYFORD
IRS990/Form990PartVIISectionAGrp/PersonNm3SCARLETT JASPER
IRS990/Form990PartVIISectionAGrp/PersonNm4BARBARA CHANEY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY/TR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt017739
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InsuranceGrp/ProgramServicesAmt02861
IRS990/InsuranceGrp/TotalAmt02861
IRS990/InterestGrp/ProgramServicesAmt029108
IRS990/InterestGrp/TotalAmt029108
IRS990/InventoriesForSaleOrUseGrp/BOYAmt043550
IRS990/InventoriesForSaleOrUseGrp/EOYAmt043550
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE COMMISSION WORKS TO PROVIDE OPPORTUNITITES FOR THE PURCHASE OF AFFORDABLE SINGLE-FAMILY HOUSING AND THE REVITALIZATION OF NEIGHBORHOODS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0421131
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0400262
IRS990/NetAssetsOrFundBalancesBOYAmt0-2716
IRS990/NetAssetsOrFundBalancesEOYAmt0-24654
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0OTHER EXPENSES
IRS990/OtherExpensesGrp/Desc1ADMINISTRATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0673
IRS990/OtherExpensesGrp/ProgramServicesAmt01809
IRS990/OtherExpensesGrp/TotalAmt01809
IRS990/OtherExpensesGrp/TotalAmt1673
IRS990/OtherLiabilitiesGrp/BOYAmt016411
IRS990/OtherLiabilitiesGrp/EOYAmt09302
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014079
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014079
IRS990/OtherRevenueTotalAmt014079
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0357268
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0324919
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME - MORTGAGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03660
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03660
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt034495
IRS990/PYOtherRevenueAmt072157
IRS990/PYProgramServiceRevenueAmt08859
IRS990/PYRevenuesLessExpensesAmt046521
IRS990/PYTotalExpensesAmt034495
IRS990/PYTotalRevenueAmt081016
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-21938
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt03660
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 31,455
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt017739
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt081016
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt029300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt032593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt045005
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0205653
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt031455
IRS990ScheduleA/OtherIncome509Grp/TotalAmt031455
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86730
IRS990ScheduleA/PublicSupportPY509Pct00.86490
IRS990ScheduleA/PublicSupportTotal509Amt0205653
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt017739
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt081016
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt029300
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032593
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt045005
IRS990ScheduleA/Total509Grp/TotalAmt0205653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt017739
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt081016
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt029300
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt032593
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt076460
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0237108
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt039677
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04680
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2661
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED AUDIT FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2TAX & INSURANCE ESCROW
IRS990ScheduleD/RevenueSubtotalAmt017739
IRS990ScheduleD/TotalExpensesPerForm990Amt039677
IRS990ScheduleD/TotalLiabilityAmt09302
IRS990ScheduleD/TotalRevenuePerForm990Amt017739
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt017739
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt039677
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0440154
IRS990/TotalAssetsEOYAmt0390239
IRS990/TotalAssetsGrp/BOYAmt0440154
IRS990/TotalAssetsGrp/EOYAmt0390239
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05899
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt033778
IRS990/TotalFunctionalExpensesGrp/TotalAmt039677
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0442870
IRS990/TotalLiabilitiesEOYAmt0414893
IRS990/TotalLiabilitiesGrp/BOYAmt0442870
IRS990/TotalLiabilitiesGrp/EOYAmt0414893
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-2716
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-24654
IRS990/TotalProgramServiceExpensesAmt033778
IRS990/TotalProgramServiceRevenueAmt03660
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017739
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt017739
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0440154
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0390239
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-2716
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-24654
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANCES SMITH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06066791332
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOMERSET HOME OWNERSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COMMISSION INC
ReturnHeader/Filer/BusinessNameControlTxt0SOME
ReturnHeader/Filer/EIN0311540596
ReturnHeader/Filer/PhoneNum06066791332
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 449
ReturnHeader/Filer/USAddress/CityNm0SOMERSET
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd042502
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0D215E523A50B545319D5F4EBD4D7F8C0453F109D
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0CBDA31AF34800B562490C9C3138661B5C09B1DCC
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.102.191.38
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:11:33
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205372898
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EVANS HARVILLE ATWELL & CO CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1309
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOMERSET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0425021309
ReturnHeader/PreparerPersonGrp/PhoneNum06066795090
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JON R HARVILLE CPA
ReturnHeader/ReturnTs02018-11-15T14:11:33-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$390,239
Liabilities
$414,893
Net assets
-$24,654
Revenue
$17,739
Expenses
$39,677
Net income
-$21,938
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.19$0.01$0.00$0.03$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.20$0.02$0.00$0.03$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.22$0.05$0.00$0.02$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.23$0.06$0.03$0.02$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.28$0.05$0.03$0.02$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.30$0.04$0.03$0.03$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.38$0.04$0.09$0.02$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.39$0.41$0.02$0.02$0.04$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.44$0.00$0.08$0.03$0.05
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.57$0.05$0.03$0.04$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.59$0.04$0.03$0.01$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.58$0.64$0.06$0.05$0.16$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.76$0.06$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.24$0.82$0.42$0.07