Civic Intelligence

Extended Housing Inc.

990 • Fiscal year 2016 • EIN 34-1400918

Jul 01, 2015 to Jun 30, 2016 • Filed on May 04, 2017

270 E Main Street Suite 300Painesville, OH 44077

(440) 352-8424

Siviq Scores

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

Liabilities / Assets

65th percentile

0.34x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

75th percentile

0.68x

Higher debt load relative to revenue than 75% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

30th percentile

-3.1%

Higher net margin than 30% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

29th percentile

$74,488

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

25th percentile

-3.4%

Faster asset growth than 25% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

36th percentile

-1.6%

Faster revenue growth than 36% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Down

$5,137,584

Down $180,119 (-3.4%) from 2015

Net Assets

Down

$3,371,203

Down $81,526 (-2.4%) from 2015

Liabilities

Down

$1,766,381

Down $98,593 (-5.3%) from 2015

Revenue

Down

$2,591,374

Down $41,346 (-1.6%) from 2015

Expenses

Up

$2,672,900

Up $10,833 (+0.4%) from 2015

Net Income

Down

-$81,526

Down $52,179 (-178%) from 2015

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 2012: $2,413,638Liabilities 2012: $1,252,165Net Assets 2012: $1,161,4732012Assets 2013: $5,719,404Liabilities 2013: $2,180,705Net Assets 2013: $3,538,6992013Assets 2014: $5,462,747Liabilities 2014: $1,980,671Net Assets 2014: $3,482,0762014Assets 2015: $5,317,703Liabilities 2015: $1,864,974Net Assets 2015: $3,452,7292015Assets 2016: $5,137,584Liabilities 2016: $1,766,381Net Assets 2016: $3,371,2032016Assets 2017: $5,065,321Liabilities 2017: $1,745,713Net Assets 2017: $3,319,6082017Assets 2018: $5,287,814Liabilities 2018: $1,928,375Net Assets 2018: $3,359,4392018Assets 2019: $5,454,685Liabilities 2019: $2,004,102Net Assets 2019: $3,450,5832019Assets 2020: $5,831,867Liabilities 2020: $2,141,616Net Assets 2020: $3,690,2512020Assets 2021: $5,510,851Liabilities 2021: $1,997,506Net Assets 2021: $3,513,3452021Assets 2022: $5,069,333Liabilities 2022: $1,598,633Net Assets 2022: $3,470,7002022Assets 2023: $4,905,123Liabilities 2023: $1,506,031Net Assets 2023: $3,399,0922023Assets 2024: $4,870,952Liabilities 2024: $1,404,209Net Assets 2024: $3,466,7432024

Highlighted filing

2016

Assets$5,137,584
Liabilities$1,766,381
Net Assets$3,371,203

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $1,811,5272012Expenses 2013: $1,824,4052013Revenue 2014: $2,158,377Expenses 2014: $2,215,000Net Income 2014: -$56,6232014Revenue 2015: $2,632,720Expenses 2015: $2,662,067Net Income 2015: -$29,3472015Revenue 2016: $2,591,374Expenses 2016: $2,672,900Net Income 2016: -$81,5262016Revenue 2017: $2,859,720Expenses 2017: $2,911,315Net Income 2017: -$51,5952017Revenue 2018: $2,865,610Expenses 2018: $2,825,779Net Income 2018: $39,8312018Revenue 2019: $3,238,514Expenses 2019: $3,147,370Net Income 2019: $91,1442019Revenue 2020: $3,441,096Expenses 2020: $3,201,428Net Income 2020: $239,6682020Revenue 2021: $2,813,704Expenses 2021: $2,822,262Net Income 2021: -$8,5582021Revenue 2022: $2,943,384Expenses 2022: $2,980,973Net Income 2022: -$37,5892022Revenue 2023: $2,767,164Expenses 2023: $2,838,772Net Income 2023: -$71,6082023Revenue 2024: $2,992,092Expenses 2024: $2,924,441Net Income 2024: $67,6512024

Highlighted filing

2016

Revenue$2,591,374
Expenses$2,672,900
Net Income-$81,526
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 4, 2017
Return Version
2015v3.0
Gross Receipts
$2,651,375
Mission and Program Overview

Mission

EXTENDED HOUSING, INC. IS A 501(C)(3) NONPROFIT ORGANIZATION WHOSE MISSION IS TO PREVENT AND END HOMELESSNESS FOR INDIVIDUALS IN LAKE COUNTY WITH A SERIOUS MENTAL ILLNESS. GOVERNED BY A BOARD OF DIRECTORS, EXTENDED HOUSING, INC. IS CERTIFIED BY THE OHIO MENTAL HEALTH AND ADDICTION SERVICES AND RECEIVES FUNDING AND SUPPORT FROM THE LAKE COUNTY ALCOHOL, DRUG ADDICTION, AND MENTAL HEALTH SERVICES (ADAMHS) BOARD. Our vision is a world in which all individuals with serious mental illness can live as independently as possible and have access to a safe, decent, affordable, supportive place to live. We believe that all individuals - regardless of ability, income, or potential for growth - have intrinsic human dignity and are worthy of respect, compassion and full integration into their community. We recognize and support the individual's right to choose their housing. We value sincerity, integrity, diversity, and excellence in all of our endeavors.

support individuals with severe and persistent mental illness to live as independently as possible by creating, developing & sustaining safe and affordable housing options.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,708,309$4,576,418▼ $131,891
Savings and Temporary Cash Investments$335,969$232,268▼ $103,701
Pledges and Grants Receivable$63,291$125,901▲ $62,610
Cash and Non-Interest-Bearing Accounts$73,875$110,420▲ $36,545
Prepaid Expenses and Deferred Charges$8,431$12,637▲ $4,206
Accounts Receivable$3,407$7,200▲ $3,793
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$5,317,703$5,137,584▼ $180,119
Other Assets Total$124,421$72,740▼ $51,681
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,668,444$1,558,212▼ $110,232
Accounts Payable and Accrued Expenses$157,647$170,758▲ $13,111
Escrow Account Liability$26,079$35,529▲ $9,450
Other Liabilities$11,136$1,682▼ $9,454
Deferred Revenue$1,668$200▼ $1,468
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,864,974$1,766,381▼ $98,593
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,489,111$2,489,111→ $0
Unrestricted Net Assets$963,618$882,092▼ $81,526
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$3,452,729$3,371,203▼ $81,526
Total Liabilities and Net Assets / Fund Balance$5,317,703$5,137,584▼ $180,119

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,823,885$1,961,510-
Other Land Buildings$202,811$244,315-
Land$503,754--
Equipment$45,968$131,801-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Karen McleodExecutive DirectorFT$62,643$11,845$74,488
Nicky HokavarDirector of OperationsFT$61,200-$61,200

Board Members and Trustees

NameTitle
Judy ParmenterPresident
Anthony BrzytwaVice President
Ivy AlbertsMember
Kathie PohlMember
Mary Jo FryauffMember
Mary Jo MillerMember
Richard TibbitsMember
Kelly AmosSecretary
Michael LinnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,976,950
Program Service Revenue
$548,137
Investment Income
$-4,654
Other Revenue
$70,941
All Other Contributions
$6,955
Change in Net Assets
$-81,526

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,591,374
Revenue Not Reported on Form 990
$19,001
Total Revenue per Audited Statements
$2,610,375
Total Revenue per Form 990
$2,591,374
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$930,668
Other Expenses$874,323
Grants and Similar Amounts Paid$867,909
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$867,909--$867,909
Other Salaries and Wages$584,314$23,087-$607,401
Depreciation Depletion$199,645$35,761-$235,406
Occupancy$151,489$55,506-$206,995
Current Officers, Directors, Trustees, and Key Employees$121,235$27,476-$148,711
Other Employee Benefits$93,643$237-$93,880
Payroll Taxes$78,101$2,575-$80,676
Office Expenses$31,881$29,687-$61,568
Interest-$35,146-$35,146
Fees for Services Other$14,560$13,788-$28,348
Travel$18,975$2,323-$21,298
Other Expenses$6,783$9,190-$15,973
All Other Expenses$8,159$5,117-$13,276
Insurance$3,433$5,962-$9,395
Advertising$320$5,672-$5,992
Fees for Services Legal-$3,494-$3,494
Total Functional Expenses$2,308,704$364,196$0$2,672,900

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,691,901
Expenses per Audited Statements$2,672,900
Total Expenses per Form 990$2,672,900
Expenses Not Reported on Form 990$19,001
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,416
Fundraising Direct Expenses$14,036
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Octoberfest$36,571$24,416$5,748$18,668
Annual Fund$2,140---
Total Events$38,711$24,416$14,036$10,380
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Richard TibbitsBoard MemberRental AssistanceNo$33,197

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$1,682
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

PAGE 6, PART VI, SECTION B, #11B

Review of Form 990 Form 990 for 2015 was reviewed and approved by the Agency's board of Directors prior to filing.

PAGE 6, PART VI, SECTION B, #12C

Conflict of Interest Policy All board members are required to review the agency's Conflict of Interest Policy upon acceptance to the Board of Directors, and annually thereafter. Any conflicts are required to be disclosed to the Agency's management and other Board members.

PAGE 6, PART VI, SECTION B, #15B

Compensation Policy The Executive Committee of the Agency's Board of Directors reviews and approves the compensation of upper management periodically.

PAGE 6, PART VI, SECTION C, #19

Disclosure Policy The Agency's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Extended Housing Inc
EIN
34-1400918
In Care Of
% KAREN MCLEOD
Phone
4403528424
Address
270 E Main Street Suite 300, Painesville, OH 44077

Signing Officer

Name
Karen Mcleod
Title
Executive Director
Phone
4403528424
Signed
2017-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Mcleod
Formed
1983
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
40
Volunteers
75

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
Joseph C Sbrocco CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

PAGE 2, PART III, #4

Program Service Accomplishments Extended Housing provided the following services in fiscal year ended June 30, 2016: 1)110 people and 100 households live in Extended Housing-owned Supportive Housing units in properties throughout Lake County. 2)67 people lived in residential care at North Coast House. 3)152 households were able to live independently in other rental housing units through EHs Rental Subsidy Programs throughout Lake County. This includes a specific program that housed and served 14 Veteran Households consisting of 28 persons. 4)138 homeless people linked with mental health services and resources in the community, such as case management with other mental health agencies. 93 people engaged in mental health services. 31 households accessed housing and were no longer homeless. 5)56 HOUSEHOLDS RECEIVED A ONE TIME "NO INTEREST" LOAN FOR RENTAL ASSISTANCE/SECURITY DEPOSITS, 5 HOUSING LOANS WERE PAID OFF THIS YEAR. 6)32 households successfully transferred off of Extended Housing assistance. VOLUNTEER PROJECTS: EXTENDED HOUSING and ITS PROPERTIES BENEFITED FROM OVER 1,200 HOURS OF SERVICE, PRIMARILY FROM THE FOLLOWING VOLUNTEER EFFORTS: -Lake Countys United Way Day of Caring (Component Repair Technologies, Lake Metroparks, Avery Dennison, Altered Church, Council on Aging) -McKinley Grove Movie Nights -Homeless Advisory Council -Extended Housing Tenants and many others -Office volunteers/ Board of Directors and community members of Extended Housings Board Committees

Financial Statement Notes

SCHEDULE D, PART XI, #2D

Other Revenue Included on books but not on the return Fundraising expenses included in revenue on Form 990 - $14,036 Loss on sale of fixed assets included in revenue on Form 990 - $4,965

SCHEDULE D, PART XII, #2D

Other Expense Included on books but not on the return Fundraising expenses included in revenue on Form 990 - $14,036 Loss on sale of fixed assets included in revenue on Form 990 - $4,965

SCHEDULE D, PART IV. #2A

Resident Security Deposit Trust Account As required by HUD, resident security deposits are held in trust in an escrow account. The escrow accounts are listed on the balance sheet of form 990, Part X, Line 21 as escrow account liabilities.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE PURPOSE OF THE RENTAL SUBSIDY PROGRAM IS TO ASSIST INDIVIDUALS WITH SEVERE AND PERSISTENT MENTAL ILLNESS TO OBTAIN PERMANENT COMMUNITY HOUSING. FUNDING FOR THESE PROGRAMS IS PROVIDED BY THE LAKE COUNTY ADAMHS BOARD. THE RENTAL SUBSIDY PROGRAMS ASSISTED 152 HOUSEHOLDS DURING OUR FISCAL YEAR ENDED JUNE 30, 2016. (REFER TO SCHEDULE O FOR ADDITIONAL NARRATIVE)
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IRS990/ProgSrvcAccomActy3Grp/Desc0NORTH COAST HOUSE IS A VOLUNTARY TRANSITIONAL HOUSING PROGRAM, WHICH SERVES ADULT RESIDENTS IN LAKE COUNTY WITH SEVERE MENTAL ILLNESS. INDIVIDUALS REQUESTING SERVICES AT NORTH COAST HOUSE OFTEN HAVE A LONG HISTORY OF PSYCHIATRIC HOSPITALIZATIONS AND DEMONSTRATE A HISTORY OF BEING UNABLE TO LIVE INDEPENDENTLY. THE PROGRAM ALSO SERVES THOSE WHO ARE HOMELESS AND IN NEED OF SHORT TERM, TRANSITIONAL RESIDENTIAL SERVICES. NORTH COAST HOUSE PROVIDES 24 HOUR STAFF PRESENCE TO ASSIST RESIDENTS IN DEVELOPING AND IMPLEMENTING DAILY LIVING SKILLS AND IN UTILIZING COMMUNITY RESOURCES. NORTH COAST HOUSE PROVIDES ONGOING INDIVIDUAL PROGRAMMING WITHIN THE RESIDENTIAL SETTING BASED ON THE RESIDENT'SNEEDS AND DESIRES. THE ULTIMATE GOAL OF NORTH COAST HOUSE IS FOR RESIDENTS TO TAKE WHAT THEY HAVE LEARNED IN THE HOME AND UTILIZE THE SKILLS IN AN INDEPENDENT LIVING ENVIRONMENT.
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