Civic Intelligence

Hope Manor Inc

990 • Fiscal year 2014 • EIN 34-1232967

Apr 01, 2013 to Mar 31, 2014 • Filed on Jan 17, 2015

Organization ProfileN/A
1931 Scottwood Ave No 70043620

(419) 242-2300

Siviq Scores

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

Liabilities / Assets

86th percentile

0.62x

Higher debt load relative to assets than 86% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

1.80x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Net Margin

41st percentile

2.3%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

57th percentile

$0

Higher top officer pay than 57% of similar nonprofits.

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

2014 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2014

Asset Growth

81st percentile

14%

Faster asset growth than 81% of similar nonprofits.

2014 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

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

Source year 2014

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$2,648,348

Up $330,569 (+14%) from 2013

Net Assets

Up

$1,015,980

Up $21,068 (+2.1%) from 2013

Liabilities

Up

$1,632,368

Up $309,501 (+23%) from 2013

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin41st percentile

Revenue

$907,931

No earlier filing loaded for comparison.

Expenses

Up

$886,863

Up $86,825 (+11%) from 2013

Net Income

$21,068

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,453,247Liabilities 2010: $1,653,125Net Assets 2010: $800,1222010Assets 2011: $2,413,932Liabilities 2011: $1,558,990Net Assets 2011: $854,9422011Assets 2012: $2,398,930Liabilities 2012: $1,427,021Net Assets 2012: $971,9092012Assets 2013: $2,317,779Liabilities 2013: $1,322,867Net Assets 2013: $994,9122013Assets 2014: $2,648,348Liabilities 2014: $1,632,368Net Assets 2014: $1,015,9802014Assets 2015: $2,525,383Liabilities 2015: $1,537,434Net Assets 2015: $987,9492015Assets 2016: $2,417,490Liabilities 2016: $1,392,045Net Assets 2016: $1,025,4452016Assets 2017: $2,352,169Liabilities 2017: $1,301,088Net Assets 2017: $1,051,0812017Assets 2018: $2,276,589Liabilities 2018: $1,205,540Net Assets 2018: $1,071,0492018Assets 2019: $2,221,080Liabilities 2019: $1,114,597Net Assets 2019: $1,106,4832019Assets 2020: $2,158,933Liabilities 2020: $1,026,121Net Assets 2020: $1,132,8122020Assets 2021: $2,183,354Liabilities 2021: $912,939Net Assets 2021: $1,270,4152021Assets 2022: $2,166,348Liabilities 2022: $796,209Net Assets 2022: $1,370,1392022Assets 2023: $2,128,344Liabilities 2023: $691,098Net Assets 2023: $1,437,2462023Assets 2024: $2,167,013Liabilities 2024: $587,549Net Assets 2024: $1,579,4642024

Highlighted filing

2014

Assets$2,648,348
Liabilities$1,632,368
Net Assets$1,015,980
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $821,2942010Expenses 2011: $833,7812011Expenses 2012: $826,9862012Expenses 2013: $800,0382013Revenue 2014: $907,931Expenses 2014: $886,863Net Income 2014: $21,0682014Revenue 2015: $875,035Expenses 2015: $903,066Net Income 2015: -$28,0312015Revenue 2016: $900,061Expenses 2016: $862,565Net Income 2016: $37,4962016Revenue 2017: $917,154Expenses 2017: $891,518Net Income 2017: $25,6362017Revenue 2018: $923,438Expenses 2018: $903,470Net Income 2018: $19,9682018Revenue 2019: $943,979Expenses 2019: $908,545Net Income 2019: $35,4342019Revenue 2020: $974,348Expenses 2020: $948,019Net Income 2020: $26,3292020Revenue 2021: $1,000,461Expenses 2021: $862,858Net Income 2021: $137,6032021Revenue 2022: $996,752Expenses 2022: $897,028Net Income 2022: $99,7242022Revenue 2023: $1,012,292Expenses 2023: $886,605Net Income 2023: $125,6872023Revenue 2024: $1,060,539Expenses 2024: $918,321Net Income 2024: $142,2182024

Highlighted filing

2014

Revenue$907,931
Expenses$886,863
Net Income$21,068
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2013 to Mar 31, 2014
Signed
Jan 17, 2015
Return Version
2013v4.0
Gross Receipts
$2,174,665
Mission and Program Overview

Mission

Hope manor, inc. Is a non-profit ohio corporation formed to acquire, own, and operate a 100 unit apartment community known as hope manor, located in toledo, ohio. The project was built under section 202 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,442,713$1,260,801▼ $181,912
Land, Buildings, and Equipment, Net$785,073$1,217,651▲ $432,578
Intangible Assets$33,855$105,488▲ $71,633
Prepaid Expenses and Deferred Charges$17,912$20,540▲ $2,628
Cash and Non-Interest-Bearing Accounts$6,679$11,901▲ $5,222
Accounts Receivable$158$99▼ $59
Total Assets$2,317,779$2,648,348▲ $330,569
Other Assets Total$31,389$31,868▲ $479
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,173,727$1,500,597▲ $326,870
Accounts Payable and Accrued Expenses$118,182$100,345▼ $17,837
Other Liabilities$30,922$31,393▲ $471
Deferred Revenue$36$33▼ $3
Total Liabilities$1,322,867$1,632,368▲ $309,501
Net Assets / Fund Balance
Unrestricted Net Assets$994,912$1,015,980▲ $21,068
Total Net Assets Fund Balance$994,912$1,015,980▲ $21,068
Total Liabilities and Net Assets / Fund Balance$2,317,779$2,648,348▲ $330,569

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$902,395$2,261,561$3,163,956
Land$183,848-$183,848
Leasehold Improvements$79,575$55,271$134,846
Equipment$51,833$54,466$106,299
Investment Program Related Org$86,916--
Compensation and Service Providers
Top Officer Pay57th percentile

Board Members and Trustees

NameTitle
Glenn FitkinPresident
Elizabeth HazardTrustee
William ThomasTrustee
Robert SeyfangSecretary
Joseph ZavacTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$512,835
Program Service Revenue
$345,309
Investment Income
$43,617
Other Revenue
$6,170
Change in Net Assets
$21,068

Audited Revenue Reconciliation

Revenue per Audited Statements
$865,550
Revenue Not Reported on Financial Statements
$42,381
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$42,381
Total Revenue per Audited Statements
$865,550
Total Revenue per Form 990
$907,931
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$886,863
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
Occupancy$592,378--$592,378
Depreciation Depletion$99,489--$99,489
Fees for Services Management-$51,486-$51,486
Other Expenses$27,614--$27,614
Office Expenses-$22,915-$22,915
Fees for Services Accounting-$6,080-$6,080
Insurance$1,961--$1,961
Fees for Services Legal-$1,025-$1,025
Advertising-$707-$707
Conferences and Meetings-$48-$48
Total Functional Expenses$804,602$82,261$0$886,863

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$906,308
Total Expenses per Form 990$886,863
Expenses per Audited Statements$886,749
Expenses Not Reported on Form 990$19,559
Expenses Not Reported on Financial Statements$114
Other Expense Adjustments$114
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$31,393
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
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

“Hope manor, inc. Is managed by vistula management company, a professional property management company. Vistula management company has a project owner's and management agent's certification for multifamily housing projects with the u.s. Department of housing and urban development. Under this certification, hud has approved vistula management company to manage the project. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.”

Form 990, Part VI, Section B, Line 11

“The auditing firm sends a draft of the return to the management company. The management company forwards a copy of the return to each board member for their comments prior to filing.”

Form 990, Part VI, Section C, Line 19

“The form 990 and all related financial and policy information are made available to the public upon written request.”

Filing and Contact Details

Filer

EIN
34-1232967
Phone
4192422300

Signing Officer

Name
Glenn Fitkin
Title
President
Phone
4192422300
Signed
2015-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Fitkin
Formed
1977
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Preparer
Steven R Hise
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income tax under section 501(c)(4) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns were subject to examinations from three years after the later of the original or extended due date or the date filed by the applicable tax authority.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Tax loss on disposal -4,858. Realized gain on the sale of securities 47,239.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Book/tax deprecation difference 16,467. Book loss on disposal 3,092.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Book/tax amortization difference 114.”

Raw XML AppendixShowing 400 of 401 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0118182
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0100345
IRS990/AccountsReceivableGrp/BOYAmt0158
IRS990/AccountsReceivableGrp/EOYAmt099
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0HOPE MANOR, INC. IS A NON-PROFIT OHIO CORPORATION FORMED TO ACQUIRE, OWN, AND OPERATE A 100 UNIT APARTMENT COMMUNITY KNOWN AS HOPE MANOR, LOCATED IN TOLEDO, OHIO. THE PROJECT WAS BUILT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0707
IRS990/AdvertisingGrp/TotalAmt0707
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine10ANDY KOTT
IRS990/BooksInCareOfDetail/PhoneNum04192422300
IRS990/BooksInCareOfDetail/USAddress/AddressLine101931 SCOTTWOOD AVE NO 700
IRS990/BooksInCareOfDetail/USAddress/City0TOLEDO
IRS990/BooksInCareOfDetail/USAddress/State0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCode043620
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt06679
IRS990/CashNonInterestBearingGrp/EOYAmt011901
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt048
IRS990/ConferencesMeetingsGrp/TotalAmt048
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0512835
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt043617
IRS990/CYOtherExpensesAmt0886863
IRS990/CYOtherRevenueAmt06170
IRS990/CYProgramServiceRevenueAmt0345309
IRS990/CYRevenuesLessExpensesAmt021068
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0886863
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0907931
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt036
IRS990/DeferredRevenueGrp/EOYAmt033
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt099489
IRS990/DepreciationDepletionGrp/TotalAmt099489
IRS990/Desc0HOPE MANOR, INC. IS A NON-PROFIT OHIO CORPORATION FORMED TO ACQUIRE, OWN, AND OPERATE A 100 UNIT APARTMENT COMMUNITY KNOWN AS HOPE MANOR, LOCATED IN TOLEDO, OHIO. THE PROJECT WAS BUILT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0804602
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06080
IRS990/FeesForServicesAccountingGrp/TotalAmt06080
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01025
IRS990/FeesForServicesLegalGrp/TotalAmt01025
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt051486
IRS990/FeesForServicesManagementGrp/TotalAmt051486
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
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/PersonNm0GLENN FITKIN
IRS990/Form990PartVIISectionAGrp/PersonNm1JOSEPH ZAVAC
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT SEYFANG
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm4ELIZABETH HAZARD
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-4858
IRS990/GainOrLossGrp/SecuritiesAmt047239
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GovernmentGrantsAmt0512835
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01309115
IRS990/GrossReceiptsAmt02174665
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01961
IRS990/InsuranceGrp/TotalAmt01961
IRS990/IntangibleAssetsGrp/BOYAmt033855
IRS990/IntangibleAssetsGrp/EOYAmt0105488
IRS990/InvestmentIncomeGrp/ExclusionAmt01236
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01236
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt01442713
IRS990/InvestmentsProgramRelatedGrp/EOYAmt01260801
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02371298
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0785073
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01217651
IRS990/LandBldgEquipCostOrOtherBssAmt03588949
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04858
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01261876
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0HOPE MANOR, INC. IS A NON-PROFIT OHIO CORPORATION FORMED TO ACQUIRE, OWN, AND OPERATE A 100 UNIT APARTMENT COMMUNITY KNOWN AS HOPE MANOR, LOCATED IN TOLEDO, OHIO. THE PROJECT WAS BUILT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01173727
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01500597
IRS990/NetAssetsOrFundBalancesBOYAmt0994912
IRS990/NetAssetsOrFundBalancesEOYAmt01015980
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt047239
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4858
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt042381
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0592378
IRS990/OccupancyGrp/TotalAmt0592378
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022915
IRS990/OfficeExpensesGrp/TotalAmt022915
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt031389
IRS990/OtherAssetsTotalGrp/EOYAmt031868
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY EMPL
IRS990/OtherExpensesGrp/Desc1SERVICE COORDINATOR
IRS990/OtherExpensesGrp/ProgramServicesAmt083160
IRS990/OtherExpensesGrp/ProgramServicesAmt127614
IRS990/OtherExpensesGrp/TotalAmt083160
IRS990/OtherExpensesGrp/TotalAmt127614
IRS990/OtherLiabilitiesGrp/BOYAmt030922
IRS990/OtherLiabilitiesGrp/EOYAmt031393
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE-MISC.
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/ExclusionAmt05847
IRS990/OtherRevenueMiscGrp/ExclusionAmt1273
IRS990/OtherRevenueMiscGrp/ExclusionAmt250
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05847
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1273
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt250
IRS990/OtherRevenueTotalAmt06170
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017912
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020540
IRS990/PrincipalOfficerNm0GLENN FITKIN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0345309
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0345309
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0510291
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt014678
IRS990/PYOtherExpensesAmt0800038
IRS990/PYOtherRevenueAmt06212
IRS990/PYProgramServiceRevenueAmt0339669
IRS990/PYRevenuesLessExpensesAmt070812
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0800038
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0870850
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt021068
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt0340451
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/BookValueAmt0902395
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02261561
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03163956
IRS990ScheduleD/EquipmentGrp/BookValueAmt051833
IRS990ScheduleD/EquipmentGrp/DepreciationAmt054466
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106299
IRS990ScheduleD/ExpensesNotReportedAmt019559
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0114
IRS990ScheduleD/ExpensesSubtotalAmt0886749
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt050037
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt147634
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt2709811
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt3191105
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt4175298
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt586916
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0RESIDUAL RECEIPTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc3BOARD DESIGNATED FUNDS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc4OTHER RESERVES
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc5REPAIR ESCROW
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd4C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd5C
IRS990ScheduleD/LandGrp/BookValueAmt0183848
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0183848
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt079575
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt055271
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0134846
IRS990ScheduleD/OtherExpensesIncludedAmt019559
IRS990ScheduleD/OtherExpensesNotIncludedAmt0114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt031393
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherRevenuesNotIncludedAmt042381
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt042381
IRS990ScheduleD/RevenueSubtotalAmt0865550
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED BY THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1TAX LOSS ON DISPOSAL -4,858. REALIZED GAIN ON THE SALE OF SECURITIES 47,239.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2BOOK/TAX DEPRECATION DIFFERENCE 16,467. BOOK LOSS ON DISPOSAL 3,092.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX AMORTIZATION DIFFERENCE 114.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01217651
IRS990ScheduleD/TotalBookValueProgramRltdAmt01260801
IRS990ScheduleD/TotalExpensesPerForm990Amt0886863
IRS990ScheduleD/TotalLiabilityAmt031393
IRS990ScheduleD/TotalRevenuePerForm990Amt0907931
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0865550
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0906308
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HOPE MANOR, INC. IS MANAGED BY VISTULA MANAGEMENT COMPANY, A PROFESSIONAL PROPERTY MANAGEMENT COMPANY. VISTULA MANAGEMENT COMPANY HAS A PROJECT OWNER'S AND MANAGEMENT AGENT'S CERTIFICATION FOR MULTIFAMILY HOUSING PROJECTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. UNDER THIS CERTIFICATION, HUD HAS APPROVED VISTULA MANAGEMENT COMPANY TO MANAGE THE PROJECT. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE AUDITING FIRM SENDS A DRAFT OF THE RETURN TO THE MANAGEMENT COMPANY. THE MANAGEMENT COMPANY FORWARDS A COPY OF THE RETURN TO EACH BOARD MEMBER FOR THEIR COMMENTS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02317779
IRS990/TotalAssetsEOYAmt02648348
IRS990/TotalAssetsGrp/BOYAmt02317779
IRS990/TotalAssetsGrp/EOYAmt02648348
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0512835
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt082261
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0804602
IRS990/TotalFunctionalExpensesGrp/TotalAmt0886863
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01322867
IRS990/TotalLiabilitiesEOYAmt01632368
IRS990/TotalLiabilitiesGrp/BOYAmt01322867
IRS990/TotalLiabilitiesGrp/EOYAmt01632368
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0994912
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01015980
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0804602
IRS990/TotalProgramServiceRevenueAmt0345309
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt054645
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0340451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0907931
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02317779
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02648348
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0994912
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01015980
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine101931 SCOTTWOOD AVE NO 700
IRS990/USAddress/City0TOLEDO
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode043620
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GLENN FITKIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04192422300
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine10HOPE MANOR INC
ReturnHeader/Filer/BusinessNameControlTxt0HOPE
ReturnHeader/Filer/EIN0341232967
ReturnHeader/Filer/PhoneNum04192422300
ReturnHeader/Filer/USAddress/AddressLine101931 SCOTTWOOD AVE NO 700
ReturnHeader/Filer/USAddress/City0TOLEDO
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode043620
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0351750664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10DAUBY O'CONNOR & ZALESKI LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10501 CONGRESSIONAL BLVD STE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CARMEL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode046032
ReturnHeader/PreparerPersonGrp/PhoneNum03178485700
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R HISE
ReturnHeader/ReturnTs02015-01-15T14:13:40-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-04-01
ReturnHeader/TaxPeriodEndDt02014-03-31

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,648,348
Liabilities
$1,632,368
Net assets
$1,015,980
Revenue
$907,931
Expenses
$886,863
Net income
$21,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.17$0.59$1.58$1.06$0.92$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.13$0.69$1.44$1.01$0.89$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.17$0.80$1.37$1.00$0.90$0.10
2021Detailed filing. Detailed filing data is available for this year.$2.18$0.91$1.27$1.00$0.86$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.16$1.03$1.13$0.97$0.95$0.03
2019Detailed filing. Detailed filing data is available for this year.$2.22$1.11$1.11$0.94$0.91$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.28$1.21$1.07$0.92$0.90$0.02
2017Detailed filing. Detailed filing data is available for this year.$2.35$1.30$1.05$0.92$0.89$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.42$1.39$1.03$0.90$0.86$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.53$1.54$0.99$0.88$0.90$0.03
2014Detailed filing. Detailed filing data is available for this year.$2.65$1.63$1.02$0.91$0.89$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$1.32$0.99$0.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.40$1.43$0.97$0.83
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$1.56$0.85$0.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$1.65$0.80$0.82