Civic Intelligence

Labor Council Senior Housing Inc

EIN 34-1399884 • 501(c)3 • Akron, OH

Profile

Provides low-income housing.

Refreshing map…

1653 Merriman RoadAkron, OH 44313

n/A

Siviq Scores

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

Liabilities / Assets

99th percentile

3.76x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

96th percentile

2.90x

Higher debt load relative to revenue than 96% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

41st percentile

0.4%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

16th percentile

-16%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

5.2%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$511,574

Down $89,793 (-15%) from 2022

Liabilities

Down

$1,921,576

Down $98,927 (-4.9%) from 2022

Net Assets

Up

-$1,410,002

Up $9,134 (+0.6%) from 2022

Revenue

Up

$662,252

Up $78,391 (+13%) from 2022

Expenses

Down

$659,285

Down $18,230 (-2.7%) from 2022

Net Income

Up

$2,967

Up $96,621 (+103%) from 2022

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MAssets 2010: $1,428,663Liabilities 2010: $2,341,662Net Assets 2010: -$912,9992010Assets 2011: $1,381,107Liabilities 2011: $2,405,935Net Assets 2011: -$1,024,8282011Assets 2012: $1,332,636Liabilities 2012: $2,382,216Net Assets 2012: -$1,049,5802012Assets 2013: $1,320,300Liabilities 2013: $2,352,631Net Assets 2013: -$1,032,3312013Assets 2014: $1,313,880Liabilities 2014: $2,327,708Net Assets 2014: -$1,013,8282014Assets 2015: $1,239,707Liabilities 2015: $2,285,707Net Assets 2015: -$1,046,0002015Assets 2016: $1,139,309Liabilities 2016: $2,312,830Net Assets 2016: -$1,173,5212016Assets 2017: $1,075,838Liabilities 2017: $2,219,973Net Assets 2017: -$1,144,1352017Assets 2018: $990,525Liabilities 2018: $2,182,285Net Assets 2018: -$1,191,7602018Assets 2019: $939,302Liabilities 2019: $2,159,822Net Assets 2019: -$1,220,5202019Assets 2020: $891,699Liabilities 2020: $2,126,151Net Assets 2020: -$1,234,4522020Assets 2021: $762,739Liabilities 2021: $2,088,220Net Assets 2021: -$1,325,4812021Assets 2022: $601,367Liabilities 2022: $2,020,503Net Assets 2022: -$1,419,1362022Assets 2024: $511,574Liabilities 2024: $1,921,576Net Assets 2024: -$1,410,0022024

Highlighted filing

2024

Assets$511,574
Liabilities$1,921,576
Net Assets-$1,410,002

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $549,2702010Expenses 2011: $625,8332011Expenses 2012: $513,5162012Revenue 2013: $524,740Expenses 2013: $507,491Net Income 2013: $17,2492013Revenue 2014: $540,080Expenses 2014: $521,577Net Income 2014: $18,5032014Revenue 2015: $507,108Expenses 2015: $539,280Net Income 2015: -$32,1722015Revenue 2016: $538,091Expenses 2016: $665,612Net Income 2016: -$127,5212016Revenue 2017: $556,462Expenses 2017: $527,076Net Income 2017: $29,3862017Revenue 2018: $570,319Expenses 2018: $617,944Net Income 2018: -$47,6252018Revenue 2019: $570,589Expenses 2019: $599,349Net Income 2019: -$28,7602019Revenue 2020: $593,023Expenses 2020: $606,955Net Income 2020: -$13,9322020Revenue 2021: $583,245Expenses 2021: $674,274Net Income 2021: -$91,0292021Revenue 2022: $583,861Expenses 2022: $677,515Net Income 2022: -$93,6542022Revenue 2024: $662,252Expenses 2024: $659,285Net Income 2024: $2,9672024

Highlighted filing

2024

Revenue$662,252
Expenses$659,285
Net Income$2,967

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$1.92$1.41$0.66$0.66$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$2.02$1.42$0.58$0.68$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$2.09$1.33$0.58$0.67$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$2.13$1.23$0.59$0.61$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$2.16$1.22$0.57$0.60$0.03
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$2.18$1.19$0.57$0.62$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$2.22$1.14$0.56$0.53$0.03
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$2.31$1.17$0.54$0.67$0.13
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$2.29$1.05$0.51$0.54$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.31$2.33$1.01$0.54$0.52$0.02
2013Detailed filing. Detailed filing data is available for this year.$1.32$2.35$1.03$0.52$0.51$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$2.38$1.05$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$2.41$1.02$0.63
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$2.34$0.91$0.55
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$662,252
Mission and Program Overview

Mission

Provides low-income housing.

Provide low-income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$313,309$248,910▼ $64,399
Savings and Temporary Cash Investments$22,689$22,992▲ $303
Prepaid Expenses and Deferred Charges$15,291$15,643▲ $352
Cash and Non-Interest-Bearing Accounts$85,296$13,868▼ $71,428
Accounts Receivable$6,968$5,111▼ $1,857
Total Assets$607,956$511,574▼ $96,382
Other Assets Total$164,403$205,050▲ $40,647
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,825,469$1,778,677▼ $46,792
Accounts Payable and Accrued Expenses$173,046$120,155▼ $52,891
Other Liabilities$20,988$21,140▲ $152
Deferred Revenue$1,422$1,604▲ $182
Total Liabilities$2,020,925$1,921,576▼ $99,349
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,412,969$-1,410,002▲ $2,967
Total Net Assets Fund Balance$-1,412,969$-1,410,002▲ $2,967
Total Liabilities and Net Assets / Fund Balance$607,956$511,574▼ $96,382

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$108,910$2,338,531$2,447,441
Land$140,000-$140,000
Equipment$0$130,260$130,260
Other Land Buildings$0$5,501$5,501
Other Assets Org$6,398--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Anthony HeiticPresident
Bill ConnerTrustee
David BedardTrustee
Deborah C SmithTrustee
Eddie LawsonTrustee
Jack HefnerTrustee
James EvanoffTrustee
Jj PopioTrustee
Joe SnyderTrustee
John ChesterTrustee
Martha H FranksTrustee
Mary SitkoTrustee
Mike DelukeTrustee
Omar BanksTrustee
Pamela SchulzeTrustee
Steven PickardTrustee
Tim StemTrustee
Todd MichlTrustee
Vernon FloydTrustee
David PrenticeExecutive Secretary/treasu
Tom WrightExecutive VP
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$662,160
Investment Income
$92
Other Revenue
$0
Change in Net Assets
$2,967

Audited Revenue Reconciliation

Revenue per Audited Statements
$662,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$662,252
Total Revenue per Form 990
$662,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$659,285
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$268,434--$268,434
Fees for Services Other$163,777$42,395-$206,172
Depreciation Depletion$64,398--$64,398
Fees for Services Management$40,320--$40,320
Office Expenses-$29,533-$29,533
Fees for Services Accounting-$21,473-$21,473
Insurance$8,340--$8,340
Fees for Services Legal-$2,365-$2,365
Other Expenses$3,273$1,789-$1,789
All Other Expenses$573--$573
Total Functional Expenses$555,708$103,577$0$659,285

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$659,285
Total Expenses per Audited Statements$659,285
Total Expenses per Form 990$659,285
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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 Deposits$21,140
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

Property management is delegated to botnick realty company, inc. Botnick realty company, inc duties include property management, accounting and finance functions, and admin functions. Botnick is not responsible for the governance of the organization, that responsibility falls to the organizations' board of directors.

Form 990, Part VI, Section A, Line 6

The membership in this corporation shall consist of its trustees and other persons interested in the purposes of the corporation.

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

The board of trustees are elected by ballot at an annual meeting of the members.

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

At any annual or special meeting duly called, any one or more of the trustees may be removed with or without cause by a vote of the majority of the entire membership of record.

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

No meetings held during 2024.

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

No meetings held during 2024. There are no other committees with authority to act on behalf on the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is not reviewed by the organization's governing board, it is reviewed by david prentice, treasurer of the board.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Labor Council Senior Housing Inc
EIN
34-1399884
Phone
3308676017
Address
1653 MERRIMAN ROAD, AKRON, OH 44313

Signing Officer

Name
David Prentice
Title
Executive Secretary/treasurer
Phone
3308676017
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Prentice
Formed
1982
Legal Domicile
Oh
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
21

Preparer

Firm
Eide Bailly Llp
Address
931 N PLUM GROVE RD, SCHAUMBURG, IL 60173-4853
Preparer
Heather L Birkett CPA
Phone
8475174300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees - manager: program service expenses 0. Management and general expenses 35,236. Fundraising expenses 0. Total expenses 35,236. Other fees - maintenance services: program service expenses 147,671. Management and general expenses 0. Fundraising expenses 0. Total expenses 147,671. Other fees - security: program service expenses 2,936. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,936. Other fees - snow removal: program service expenses 1,117. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,117. Other fees - all other contracted services: program service expenses 12,053. Management and general expenses 7,159. Fundraising expenses 0. Total expenses 19,212.

Part XII, Line 2C

Organization does not have an audit committee, botnick realty company, inc handles the overseeing of the audit and the financial statements.

Financial Statement Notes

PART X, LINE 2:

The organization qualifies for tax exempt status under irs code section 501(c)(3), and accordingly, no provision has been made for federal and state income taxes. The organization is annually required to file a return of organization exempt from income tax (form 990) with the irs. In addition, the organization is generally subject to income tax on net income that is derived from business activities that are unrelated to its exempt purpose. Management has determined the project has no taxable unrelated business income. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes that the organization has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Raw XML AppendixShowing 400 of 540 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
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IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROVIDE LOW-INCOME HOUSING.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0573
IRS990/AllOtherExpensesGrp/TotalAmt0573
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01653 MERRIMAN ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0AKRON
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IRS990/Desc0THE ORGANIZATION OPERATES RENTAL HOUSING FOR THE ELDERLY AND PERSONS WITH DISABILITIES. THE FACILITY, KNOWN AS THE LEO DUGAN APARTMENTS, CONSISTS OF 18 EFFICIENCY SUITES AND 52 ONE-BEDROOM UNITS AND IS REGULATED BY HUD.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
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IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7EXECUTIVE VP
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20EXECUTIVE SECRETARY/TREASU
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IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/IncludeFIN48FootnoteInd01
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
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IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd00
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt092
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt053
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0583819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0583192
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0583861
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0583245

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