Civic Intelligence

Trumbull Housing Development Corporation

EIN 34-1477202 • 501(c)3 • Warren, OH

Profile

To promote and advance decent, safe and sanitary housing for persons of low income, and particularly the elderly or infirm, and to construct a housing project or projects usable for public housing purposes.

4076 Youngstown Road SEWarren, OH 44484

n/A

Siviq Scores

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

Liabilities / Assets

38th percentile

0.09x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

2.67x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

26th percentile

-3.8%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

2.6%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

33rd percentile

-0.2%

Faster revenue growth than 33% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Assets

Up

$12,429,642

Up $75,299 (+0.6%) from 2023

Liabilities

Up

$903,200

Up $5,504 (+0.6%) from 2023

Net Assets

Up

$11,526,442

Up $69,795 (+0.6%) from 2023

Revenue

Up

$744,178

Up $140,251 (+23%) from 2023

Expenses

Down

$674,383

Down $85,402 (-11%) from 2023

Net Income

Up

$69,795

Up $225,653 (+145%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2017: $12,226,970Liabilities 2017: $882,282Net Assets 2017: $11,344,6882017Assets 2018: $12,295,043Liabilities 2018: $882,432Net Assets 2018: $11,412,6112018Assets 2019: $12,269,946Liabilities 2019: $865,969Net Assets 2019: $11,403,9772019Assets 2020: $12,403,720Liabilities 2020: $850,126Net Assets 2020: $11,553,5942020Assets 2021: $12,483,305Liabilities 2021: $853,597Net Assets 2021: $11,629,7082021Assets 2022: $12,809,482Liabilities 2022: $1,196,977Net Assets 2022: $11,612,5052022Assets 2023: $12,354,343Liabilities 2023: $897,696Net Assets 2023: $11,456,6472023Assets 2024: $12,429,642Liabilities 2024: $903,200Net Assets 2024: $11,526,4422024

Highlighted filing

2024

Assets$12,429,642
Liabilities$903,200
Net Assets$11,526,442

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $445,104Expenses 2017: $409,160Net Income 2017: $35,9442017Revenue 2018: $490,060Expenses 2018: $422,137Net Income 2018: $67,9232018Revenue 2019: $487,043Expenses 2019: $495,677Net Income 2019: -$8,6342019Revenue 2020: $589,654Expenses 2020: $408,542Net Income 2020: $181,1122020Revenue 2021: $449,735Expenses 2021: $373,621Net Income 2021: $76,1142021Revenue 2022: $448,931Expenses 2022: $466,134Net Income 2022: -$17,2032022Revenue 2023: $603,927Expenses 2023: $759,785Net Income 2023: -$155,8582023Revenue 2024: $744,178Expenses 2024: $674,383Net Income 2024: $69,7952024

Highlighted filing

2024

Revenue$744,178
Expenses$674,383
Net Income$69,795

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 5, 2024
Return Version
2023v6.0
Gross Receipts
$744,178
Mission and Program Overview

Mission

To promote and advance decent, safe and sanitary housing for persons of low income, and particularly the elderly or infirm, and to construct a housing project or projects usable for public housing purposes or other charitable purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$6,512,390$6,887,456▲ $375,066
Other Notes and Loans Receivable, Net$3,945,474$3,704,777▼ $240,697
Land, Buildings, and Equipment, Net$1,180,130$1,198,856▲ $18,726
Accounts Receivable$534,246$450,419▼ $83,827
Prepaid Expenses and Deferred Charges$8,888$9,932▲ $1,044
Total Assets$12,354,343$12,429,642▲ $75,299
Other Assets Total$173,215$178,202▲ $4,987
Liabilities
Mortgage Notes Payable Secured by Investment Property$705,582$705,582→ $0
Accounts Payable and Accrued Expenses$177,674$184,357▲ $6,683
Other Liabilities$8,950$8,400▼ $550
Deferred Revenue$5,490$4,861▼ $629
Total Liabilities$897,696$903,200▲ $5,504
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,456,647$11,526,442▲ $69,795
Total Net Assets Fund Balance$11,456,647$11,526,442▲ $69,795
Total Liabilities and Net Assets / Fund Balance$12,354,343$12,429,642▲ $75,299

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$808,340$1,835,181$2,643,521
Land$312,497-$312,497
Equipment$78,019$136,416$214,435
Other Land Buildings$0--
Leasehold Improvements$0--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023----$0
2022----$0
2021----$0
2020----$0
2019----$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
James J MelfiPresident
Rev Darryl L RodgersVice President
Gilbert L RiegerTrustee
Jerome F LambertTrustee
Anthony C PerroneSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Klaben for Lincoln of WarrenVehecles3853 Youngstown Road SE PO BOX 2307, Warren, OH 44484$105,632
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$375,438
Investment Income
$368,740
Other Revenue
$0
Change in Net Assets
$69,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$744,178
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$744,178
Total Revenue per Form 990
$744,178
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$545,116
Salaries, Compensation, and Employee Benefits$129,267
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$51,299$35,376-$86,675
Travel$650$67,678-$68,328
Depreciation Depletion$44,426$17,368-$61,794
Fees for Services Management$48,419$0-$48,419
Pension Plan Contributions$28,625$13,967-$42,592
Occupancy$38,881$0-$38,881
Insurance$33,514$185-$33,699
Interest$0$12,612-$12,612
Office Expenses$8,197$760-$8,957
Fees for Services Accounting$1,440$7,460-$8,900
Other Expenses$30$8,174-$8,204
All Other Expenses$4,654$0$0$4,654
Conferences and Meetings$0$3,368-$3,368
Advertising$622$0-$622
Fees for Services Legal$352$0-$352
Total Functional Expenses$328,104$346,279$0$674,383

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$674,383
Total Expenses per Audited Statements$674,383
Total Expenses per Form 990$674,383
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Triyou CaresWarren, OH501(c)(3)-$20,200
Inspiring MindsWarren, OH501(c)(3)-$20,000
Parkman Landing Associates LTDWarren, OHLimited Partnership-$11,309
Warren Gridion ClubWarren, OH--$9,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits Held$8,400
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

Governance Explanations

Part VI, Line 3 - organization delegated customary officer mangement duties

Day-to-day management is performed by the Trumbull Metropilitan Housing Authority (TMHA), a political subdivision of the State of Ohio, annual independent audits are performed for TMHA and the subject non-profit organization.

Part VI, Line 11B - Process used by the organization to review this 990 return

Form 990 is reviewed and certified by executive management. It is provided to the Board of Trustees to review upon filing.

Part VI, Line 12C - Monitoring and enforcement of conflict of interest policy

Compliance monitoring and enforcement of written procurement policy and procedures is ongoing in accordance with 2 CFR 200.317-300.326 and State Law. Conflict/related party certifications are obtained annually from the trustees and key employees by the IPA.

Part VI, Line 19 - How Org. makes documentations, policies, & statement public

All documentations are available for review upon request.

Part VI, Section B, Line 13

The Management agency is governed by the statute.

Part VI, Section B, Line 14

Records are retained according to grantor and funding agency.

Filing and Contact Details

Filer

Filer Name
Trumbull Housing Development Corporation
EIN
34-1477202
Phone
3303691533
Address
4076 Youngstown Road SE, Warren, OH 44484

Signing Officer

Name
Donald W Emerson Jr
Title
Agent
Signed
2024-11-05
Discuss with paid preparer
No

Organization Details

Formed
1980
Legal Domicile
Oh
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Zupka & Associates
Address
4141 Rockside Road, Seven Hills, OH 44131
Preparer
Sarah Salnajs
Phone
2164756136
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt178752
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0296686
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt178752
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0212312
IRS990/PYOtherExpensesAmt0714125
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0391615
IRS990/PYRevenuesLessExpensesAmt0-155858
IRS990/PYSalariesCompEmpBnftPaidAmt045660
IRS990/PYTotalExpensesAmt0759785
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0603927
IRS990/QuidProQuoContributionsInd0false
IRS990/QuidProQuoContriDisclInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt069795
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0744178
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistriAppDistributableAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt00
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt00
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt00
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt00
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0269686
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0273474
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0263990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0308829
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0370768
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01486747
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0368740
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0273474
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0263990
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0308829
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0370768
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01585801
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0368740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0273474
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0263990
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0308829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0370768
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01585801
IRS990ScheduleA/InvestmentIncomeCYPct00.52000
IRS990ScheduleA/InvestmentIncomePYPct00.35000
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.48000
IRS990ScheduleA/PublicSupportPY509Pct00.65000
IRS990ScheduleA/PublicSupportTotal509Amt01486747
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0269686
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0273474
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0263990
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0308829
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0370768
IRS990ScheduleA/Total509Grp/TotalAmt01486747
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0638426
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0546948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0527980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0617658
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0741536
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03072548
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0808340
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01835181
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02643521
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt00
IRS990ScheduleD/DisclosedForCharitablePrpsInd0false
IRS990ScheduleD/DisclosedOrgLegCtrlInd0false
IRS990ScheduleD/EndingBalanceAmt00
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt078019

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