Civic Intelligence

Coa Housing Inc

EIN 34-1391881 • 501(c)3 • Columbus, OH

Profile

Multifamily Subsidized Housing

2700 E Dublin-Granville RdColumbus, OH 43231

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

12th percentile

-65%

Higher net margin than 12% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-45%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,317,828

Up $19,264 (+1.5%) from 2021

Liabilities

Up

$1,850,400

Up $34,624 (+1.9%) from 2021

Net Assets

Down

-$532,572

Down $15,360 (-3.0%) from 2021

Revenue

Up

$528,620

Up $1,513 (+0.3%) from 2021

Expenses

Down

$543,981

Down $4,917 (-0.9%) from 2021

Net Income

Up

-$15,361

Up $6,430 (+30%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.0M$0-$1.0MAssets 2016: $1,416,670Liabilities 2016: $1,951,358Net Assets 2016: -$534,6882016Assets 2017: $1,425,498Liabilities 2017: $1,906,431Net Assets 2017: -$480,9332017Assets 2018: $1,433,260Liabilities 2018: $1,882,315Net Assets 2018: -$449,0552018Assets 2019: $1,364,020Liabilities 2019: $1,841,450Net Assets 2019: -$477,4302019Assets 2020: $1,334,080Liabilities 2020: $1,829,501Net Assets 2020: -$495,4212020Assets 2021: $1,298,564Liabilities 2021: $1,815,776Net Assets 2021: -$517,2122021Assets 2022: $1,317,828Liabilities 2022: $1,850,400Net Assets 2022: -$532,5722022

Highlighted filing

2022

Assets$1,317,828
Liabilities$1,850,400
Net Assets-$532,572

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $470,241Expenses 2016: $433,954Net Income 2016: $36,2872016Revenue 2017: $494,910Expenses 2017: $441,154Net Income 2017: $53,7562017Revenue 2018: $474,067Expenses 2018: $442,188Net Income 2018: $31,8792018Revenue 2019: $480,306Expenses 2019: $508,681Net Income 2019: -$28,3752019Revenue 2020: $490,630Expenses 2020: $508,621Net Income 2020: -$17,9912020Revenue 2021: $527,107Expenses 2021: $548,898Net Income 2021: -$21,7912021Revenue 2022: $528,620Expenses 2022: $543,981Net Income 2022: -$15,3612022

Highlighted filing

2022

Revenue$528,620
Expenses$543,981
Net Income-$15,361

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 1, 2023
Return Version
2022v5.0
Gross Receipts
$528,620
Mission and Program Overview

Mission

Multifamily Subsidized Housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$507,513$455,597▼ $51,916
Intangible Assets$99,058$94,649▼ $4,409
Cash and Non-Interest-Bearing Accounts$5,765$20,704▲ $14,939
Savings and Temporary Cash Investments$17,546$17,548▲ $2
Prepaid Expenses and Deferred Charges$9,213$9,073▼ $140
Accounts Receivable$1,438$4,565▲ $3,127
Total Assets$1,298,564$1,317,828▲ $19,264
Other Assets Total$658,031$715,692▲ $57,661
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,690,293$1,644,701▼ $45,592
Accounts Payable and Accrued Expenses$103,202$189,234▲ $86,032
Other Liabilities$17,769$15,101▼ $2,668
Deferred Revenue$4,512$1,364▼ $3,148
Total Liabilities$1,815,776$1,850,400▲ $34,624
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-517,212$-532,572▼ $15,360
Total Net Assets Fund Balance$-517,212$-532,572▼ $15,360
Total Liabilities and Net Assets / Fund Balance$1,298,564$1,317,828▲ $19,264

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$306,183$1,597,256-
Other Land Buildings$8,965$56,867-
Land$104,038--
Equipment$36,411$184,963-
Other Assets Org$15,190--
Compensation and Service Providers

Board Members and Trustees

NameTitle
William MoorheadPresident
Melissa SteelSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$527,844
Investment Income
$776
Other Revenue
$0
Change in Net Assets
$-15,361

Audited Revenue Reconciliation

Revenue per Audited Statements
$528,621
Total Revenue per Audited Statements
$528,621
Total Revenue per Form 990
$528,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$456,967
Salaries, Compensation, and Employee Benefits$87,014
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$132,741$0$0$132,741
Other Salaries and Wages$16,689$58,252$0$74,941
Interest$70,545$0$0$70,545
Depreciation Depletion$66,647$0$0$66,647
Fees for Services Management$0$38,502$0$38,502
Insurance$21,746$0$0$21,746
Fees for Services Accounting$0$12,934$0$12,934
Payroll Taxes$1,647$4,812$0$6,459
Other Employee Benefits$586$5,028$0$5,614
Information Technology$4,680$0$0$4,680
Other Expenses$3,464$0$0$3,464
Office Expenses$0$2,297$0$2,297
Travel$384$0$0$384
Advertising$217$0$0$217
Fees for Services Legal$0$125$0$125
Total Functional Expenses$420,599$123,382$0$543,981

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$543,982
Expenses per Audited Statements$543,981
Total Expenses per Form 990$543,981
Expenses Not Reported on Form 990$1
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit Liability$15,101
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 35% controlled entity
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
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
COA Housing Inc
EIN
34-1391881
Phone
6148184640
Address
2700 E Dublin-Granville Rd, Columbus, OH 43231

Signing Officer

Name
William Moorhead
Title
Treasurer
Phone
6148184640
Signed
2023-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Moorhead
Formed
1986
Legal Domicile
Oh
Voting Board Members
1
Independent Board Members
1
Employees
2
Volunteers
0

Preparer

Firm
Douglas L Myers & Associates
Address
650 Shawan Falls Dr Ste 200, Dublin, OH 43017
Preparer
Douglas L Myers CPA
Phone
6147665138
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The organization's only activity is the operation of a rental apartment complex for the elderly. The organization has entered into a management agreement, as approved by HUD, with an independent company giving the company all contractual rights to manage operations.

Pt VI, Line 11B

The organization has a written agreement with a management company to operate its real estate activity. As the organization's managing agent, the management company is responsible for all financial matters relating to the rental operations including the annual audit engagement required by HUD and the preparation of Form 990. Therefore, the controller of the company reviews the annual Form 990 which is prpared by a CPA firm, and an officer of the management company signs it.

Pt VI, Line 19

The organization's governing documents, conflict of interest policy and financial statements, as applicable, are only available to the public upon request.

Form 990, Part IX, Line 24E

Trash Removal 6096. 6096. 0. 0.

Form 990, Part IX, Line 24E

Real Estate Taxes 25813. 25813. 0. 0.

Form 990, Part IX, Line 24E

Grounds Maintenance 6591. 6591. 0. 0.

Form 990, Part IX, Line 24E

Payroll Processing 4305. 4305. 0. 0.

Form 990, Part IX, Line 24E

Exterminating 11984. 11984. 0. 0.

Form 990, Part IX, Line 24E

Repairs & Maintenance 36722. 36722. 0. 0.

Form 990, Part IX, Line 24E

Bad Debt Expense 1280. 1280. 0. 0.

Form 990, Part IX, Line 24E

Consulting 11816. 11816. 0. 0.

Form 990, Part IX, Line 24E

Scrapped Assets 28134. 28134. 0. 0.

Financial Statement Notes

Pt XII, Line 2D

Rounding - $1

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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0527844
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0526584
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0489784
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0478979
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0473241
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02496432
IRS990ScheduleA/TotalSupportAmt02500730
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0306183
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01597256
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt01903439
IRS990ScheduleD/EquipmentGrp/BookValueAmt036411
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0184963
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0221374
IRS990ScheduleD/ExpensesNotReportedAmt01
IRS990ScheduleD/ExpensesSubtotalAmt0543981
IRS990ScheduleD/LandGrp/BookValueAmt0104038
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0104038
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt022378
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1290597
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2387527
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt315190
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Escrow Deposits
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Debt Service Savings Escrow
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Residual Receipts
IRS990ScheduleD/OtherExpensesIncludedAmt01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08965
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056867
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt065832
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015101
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Tenant Security Deposit Liability
IRS990ScheduleD/RevenueSubtotalAmt0528621
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Rounding - $1
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0455597
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0715692
IRS990ScheduleD/TotalExpensesPerForm990Amt0543981
IRS990ScheduleD/TotalLiabilityAmt015101
IRS990ScheduleD/TotalRevenuePerForm990Amt0528621
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0528621
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0543982
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's only activity is the operation of a rental apartment complex for the elderly. The organization has entered into a management agreement, as approved by HUD, with an independent company giving the company all contractual rights to manage operations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The organization has a written agreement with a management company to operate its real estate activity. As the organization's managing agent, the management company is responsible for all financial matters relating to the rental operations including the annual audit engagement required by HUD and the preparation of Form 990. Therefore, the controller of the company reviews the annual Form 990 which is prpared by a CPA firm, and an officer of the management company signs it.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The organization's governing documents, conflict of interest policy and financial statements, as applicable, are only available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Trash Removal 6096. 6096. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Real Estate Taxes 25813. 25813. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Grounds Maintenance 6591. 6591. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Payroll Processing 4305. 4305. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Exterminating 11984. 11984. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Repairs & Maintenance 36722. 36722. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Bad Debt Expense 1280. 1280. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Consulting 11816. 11816. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Scrapped Assets 28134. 28134. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Salem Lutheran Foundation
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0316084166
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Scholarships for Seminaries
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0PF
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02700 E Dublin-Granville Rd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Columbus
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043231
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01298564
IRS990/TotalAssetsEOYAmt01317828
IRS990/TotalAssetsGrp/BOYAmt01298564
IRS990/TotalAssetsGrp/EOYAmt01317828
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0123382
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0420599
IRS990/TotalFunctionalExpensesGrp/TotalAmt0543981
IRS990/TotalGrossUBIAmt00

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