Civic Intelligence

Housing Ventures Inc.

990 • Fiscal year 2013 • EIN 31-1672352

Jan 01, 2013 to Dec 31, 2013 • Filed on Sep 16, 2014

C/O Cmha 880 E 11th Ave43211-2771

(614) 421-6401

Siviq Scores

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

Liabilities / Assets

35th percentile

0.04x

Higher debt load relative to assets than 35% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

0.16x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

93rd percentile

$247,822

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 27.8% of source-year revenue.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2013

Asset Growth

26th percentile

-3.4%

Faster asset growth than 26% of similar nonprofits.

2013 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Down

$3,771,646

Down $89,413 (-2.3%) from 2011

Net Assets

Down

$3,626,860

Down $99,178 (-2.7%) from 2011

Liabilities

Up

$144,786

Up $9,765 (+7.2%) from 2011

Revenue

$891,956

No earlier filing loaded for comparison.

Expenses

Up

$1,014,151

Up $201,613 (+25%) from 2011

Net Income

-$122,195

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,986,101Liabilities 2010: $281,005Net Assets 2010: $3,705,0962010Assets 2011: $3,861,059Liabilities 2011: $135,021Net Assets 2011: $3,726,0382011Assets 2013: $3,771,646Liabilities 2013: $144,786Net Assets 2013: $3,626,8602013Assets 2014: $3,878,622Liabilities 2014: $190,755Net Assets 2014: $3,687,8672014Assets 2015: $3,803,036Liabilities 2015: $145,851Net Assets 2015: $3,657,1852015Assets 2016: $3,976,346Liabilities 2016: $167,981Net Assets 2016: $3,808,3652016Assets 2017: $4,158,357Liabilities 2017: $179,783Net Assets 2017: $3,978,5742017Assets 2019: $2,386,949Liabilities 2019: $351,236Net Assets 2019: $2,035,7132019Assets 2021: $2,312,004Liabilities 2021: $112,499Net Assets 2021: $2,199,5052021Assets 2022: $1,530,334Liabilities 2022: $125,091Net Assets 2022: $1,405,2432022Assets 2024: $1,326,971Liabilities 2024: $125,814Net Assets 2024: $1,201,1572024

Highlighted filing

2013

Assets$3,771,646
Liabilities$144,786
Net Assets$3,626,860

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $740,6922010Expenses 2011: $812,5382011Revenue 2013: $891,956Expenses 2013: $1,014,151Net Income 2013: -$122,1952013Revenue 2014: $938,918Expenses 2014: $877,908Net Income 2014: $61,0102014Revenue 2015: $876,649Expenses 2015: $907,331Net Income 2015: -$30,6822015Revenue 2016: $950,490Expenses 2016: $799,310Net Income 2016: $151,1802016Revenue 2017: $1,009,039Expenses 2017: $838,830Net Income 2017: $170,2092017Revenue 2019: $1,069,052Expenses 2019: $765,854Net Income 2019: $303,1982019Revenue 2021: $1,542,749Expenses 2021: $757,556Net Income 2021: $785,1932021Revenue 2022: $1,206,144Expenses 2022: $2,000,405Net Income 2022: -$794,2612022Revenue 2024: $1,344,101Expenses 2024: $1,158,910Net Income 2024: $185,1912024

Highlighted filing

2013

Revenue$891,956
Expenses$1,014,151
Net Income-$122,195
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Sep 16, 2014
Return Version
2013v3.0
Gross Receipts
$891,956
Mission and Program Overview

Mission

Provide and maintain housing for low-income individuals and families

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,469,891$3,287,872▼ $182,019
Savings and Temporary Cash Investments$185,560$365,673▲ $180,113
Cash and Non-Interest-Bearing Accounts$235,685$106,804▼ $128,881
Accounts Receivable$3,466$9,170▲ $5,704
Prepaid Expenses and Deferred Charges$10,029$2,127▼ $7,902
Total Assets$3,904,631$3,771,646▼ $132,985
Liabilities
Accounts Payable and Accrued Expenses$155,574$144,786▼ $10,788
Total Liabilities$155,574$144,786▼ $10,788
Net Assets / Fund Balance
Unrestricted Net Assets$3,749,057$3,626,860▼ $122,197
Total Net Assets Fund Balance$3,749,057$3,626,860▼ $122,197
Total Liabilities and Net Assets / Fund Balance$3,904,631$3,771,646▼ $132,985

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,884,513$1,670,357$4,554,870
Land$306,600-$306,600
Equipment$61,656$205,460$267,116
Other Land Buildings$35,103$10,515$45,618
Compensation and Service Providers

Board Members and Trustees

NameTitle
Charles HillmanPresident
Stan HarrisTrustee
T RudyTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$891,843
Investment Income
$113
Other Revenue
$0
Change in Net Assets
$-122,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$679,338
Grants and Similar Amounts Paid$200,000
Salaries, Compensation, and Employee Benefits$134,813
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$200,000--$200,000
Depreciation Depletion$187,750--$187,750
Other Salaries and Wages$115,909--$115,909
Other Expenses$109,020--$109,020
Fees for Services Management$52,856--$52,856
Office Expenses$19,620--$19,620
Insurance$12,815--$12,815
Payroll Taxes$11,893--$11,893
Fees for Services Accounting-$8,310-$8,310
Other Employee Benefits$7,011--$7,011
Advertising$4,481--$4,481
Fees for Services Legal$282--$282
Total Functional Expenses$1,005,841$8,310$0$1,014,151
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
---Provide for the Development and Operation of Housing Projects Benefiting Low Income Families and Individuals.$200,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has retained an unrelated management company to manage the day to day operations of its low income housing project.

Form 990, Part VI, Section A, Line 6

The organization's sole member is the columbus metropolitan housing authority

Form 990, Part VI, Section A, Line 7A

The organization has a single not for profit member that elects the organization's board of directors.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committies.

Form 990, Part VI, Section B, Line 11

The organization's 990 is prepared by an outside accounting firm. The accounting firm provides a draft of the 990 to the organization's president who reviews and signs the 990.

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

Each board of directors member executes a conflict of interest statement annually.

Form 990, Part VI, Section C, Line 19

These documents are available for inspection at the organization's mailing address upon request during normal business hours.

Filing and Contact Details

Filer

EIN
31-1672352
Phone
6144216401

Signing Officer

Name
Charles Hillman
Title
President
Phone
6144216000
Signed
2014-09-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles Hillman
Formed
1999
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Preparer
Kent Semple
Phone
6147934501
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -2.

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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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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0188365
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1148368
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt026371
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt120772
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt0274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt1274
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt032812
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt112700
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHARLES HILLMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1T RUDY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0247822
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1182114
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS RETAINED AN UNRELATED MANAGEMENT COMPANY TO MANAGE THE DAY TO DAY OPERATIONS OF ITS LOW INCOME HOUSING PROJECT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S SOLE MEMBER IS THE COLUMBUS METROPOLITAN HOUSING AUTHORITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS A SINGLE NOT FOR PROFIT MEMBER THAT ELECTS THE ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE ANY COMMITTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE ACCOUNTING FIRM PROVIDES A DRAFT OF THE 990 TO THE ORGANIZATION'S PRESIDENT WHO REVIEWS AND SIGNS THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EACH BOARD OF DIRECTORS MEMBER EXECUTES A CONFLICT OF INTEREST STATEMENT ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THESE DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S MAILING ADDRESS UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ROUNDING -2.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10COLUMBUS METROPOLITAN HOUSING AGENCY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10880 E 11TH AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0COLUMBUS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode043211
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03904631
IRS990/TotalAssetsEOYAmt03771646
IRS990/TotalAssetsGrp/BOYAmt03904631
IRS990/TotalAssetsGrp/EOYAmt03771646
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt08310
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01005841
IRS990/TotalFunctionalExpensesGrp/TotalAmt01014151
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0155574
IRS990/TotalLiabilitiesEOYAmt0144786
IRS990/TotalLiabilitiesGrp/BOYAmt0155574
IRS990/TotalLiabilitiesGrp/EOYAmt0144786
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03749057
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03626860
IRS990/TotalOtherCompensationAmt047691
IRS990/TotalProgramServiceExpensesAmt01005841
IRS990/TotalProgramServiceRevenueAmt0891843
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0113
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0891843
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0891956
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03904631
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03771646
IRS990/TotReportableCompRltdOrgAmt0382245
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00

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