Civic Intelligence

Burten Bell Carr Development Corp

990 • Fiscal year 2017 • EIN 34-1657533

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 27, 2017

7201 Kinsman RoadCleveland, OH 44104

(216) 341-1455

Siviq Scores

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

Liabilities / Assets

70th percentile

0.40x

Higher debt load relative to assets than 70% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

78th percentile

0.78x

Higher debt load relative to revenue than 78% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

87th percentile

38%

Higher net margin than 87% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$133,900

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

78th percentile

16%

Faster asset growth than 78% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

42nd percentile

2.0%

Faster revenue growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,951,376

Up $953,431 (+16%) from 2016

Net Assets

Up

$4,137,471

Up $1,151,955 (+39%) from 2016

Liabilities

Down

$2,813,905

Down $198,524 (-6.6%) from 2016

Revenue

Up

$3,614,149

Up $70,625 (+2.0%) from 2016

Expenses

Down

$2,240,330

Down $1,234,430 (-36%) from 2016

Net Income

Up

$1,373,819

Up $1,305,055 (+1898%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $2,876,782Liabilities 2011: $1,995,902Net Assets 2011: $880,8802011Assets 2012: $4,817,815Liabilities 2012: $3,211,200Net Assets 2012: $1,606,6152012Assets 2013: $5,644,295Liabilities 2013: $3,110,157Net Assets 2013: $2,534,1382013Assets 2014: $6,007,581Liabilities 2014: $2,952,116Net Assets 2014: $3,055,4652014Assets 2015: $5,940,389Liabilities 2015: $3,023,637Net Assets 2015: $2,916,7522015Assets 2016: $5,997,945Liabilities 2016: $3,012,429Net Assets 2016: $2,985,5162016Assets 2017: $6,951,376Liabilities 2017: $2,813,905Net Assets 2017: $4,137,4712017Assets 2018: $7,743,672Liabilities 2018: $3,069,954Net Assets 2018: $4,673,7182018Assets 2019: $9,746,359Liabilities 2019: $4,378,589Net Assets 2019: $5,367,7702019Assets 2020: $12,428,152Liabilities 2020: $6,059,867Net Assets 2020: $6,368,2852020Assets 2021: $21,994,614Liabilities 2021: $15,551,988Net Assets 2021: $6,442,6262021Assets 2022: $23,935,099Liabilities 2022: $17,602,279Net Assets 2022: $6,332,8202022Assets 2023: $23,538,115Liabilities 2023: $17,632,703Net Assets 2023: $5,905,4122023Assets 2024: $23,134,921Liabilities 2024: $17,752,074Net Assets 2024: $5,382,8472024

Highlighted filing

2017

Assets$6,951,376
Liabilities$2,813,905
Net Assets$4,137,471

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $943,6202011Expenses 2012: $1,352,4492012Expenses 2013: $1,491,6712013Revenue 2014: $2,264,026Expenses 2014: $1,742,699Net Income 2014: $521,3272014Revenue 2015: $2,406,377Expenses 2015: $2,545,090Net Income 2015: -$138,7132015Revenue 2016: $3,543,524Expenses 2016: $3,474,760Net Income 2016: $68,7642016Revenue 2017: $3,614,149Expenses 2017: $2,240,330Net Income 2017: $1,373,8192017Revenue 2018: $2,721,156Expenses 2018: $2,184,909Net Income 2018: $536,2472018Revenue 2019: $3,144,924Expenses 2019: $2,450,872Net Income 2019: $694,0522019Revenue 2020: $3,496,658Expenses 2020: $2,496,143Net Income 2020: $1,000,5152020Revenue 2021: $3,173,355Expenses 2021: $3,099,014Net Income 2021: $74,3412021Revenue 2022: $4,298,012Expenses 2022: $4,407,818Net Income 2022: -$109,8062022Revenue 2023: $5,328,896Expenses 2023: $4,626,829Net Income 2023: $702,0672023Revenue 2024: $4,431,389Expenses 2024: $5,199,698Net Income 2024: -$768,3092024

Highlighted filing

2017

Revenue$3,614,149
Expenses$2,240,330
Net Income$1,373,819
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 27, 2017
Return Version
2016v3.0
Gross Receipts
$3,614,149
Mission and Program Overview

Mission

Enhance the quality of life for residents of ward 5 (of cleveland, ohio) by creating a model community comprised of new and improved housing. The organization will initiate and cultivate housing, recreation, retail and employment opportunities through effective partnerships with residents, community groups, government, corporations and institutions.

Bbc's mission is to empower citizens, and revitalize blighted and underserved communities. Organizational staff statement bbc is comprised of a dynamic staff of thirteen highly committed and capable community development practitioners led since 2000 by its executive director, timothy l. Tramble. Eight staff members serve in a full-time capacity, six of which have earned a master's degree in public administration, planning and development, architecture, or social work. Full-time staff members have been with the organization for an average of over six years and have been working in the community development field for more than seven years. Enterprise rose architectural fellow erick rodriguez has been working with bbc and detroit shoreway community development organization since january 2014. Bbcs three social enterprises employs sixteen additional individuals all of whom were unemployed community residents prior to working for bbc subsidiaries. The organization is supported by a fully vo

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,076,145$4,662,693▲ $1,586,548
Other Notes and Loans Receivable, Net$1,167,000$1,077,000▼ $90,000
Cash and Non-Interest-Bearing Accounts$189,267$573,705▲ $384,438
Pledges and Grants Receivable$846,060$415,020▼ $431,040
Savings and Temporary Cash Investments$708,089$213,576▼ $494,513
Prepaid Expenses and Deferred Charges$2,554$5,872▲ $3,318
Accounts Receivable$4,131--
Inventories for Sale or Use$2,256$2,910▲ $654
Investments Other Securities$2,068$225▼ $1,843
Total Assets$5,997,945$6,951,376▲ $953,431
Other Assets Total$375$375→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,626,362$2,633,630▲ $7,268
Accounts Payable and Accrued Expenses$350,378$127,494▼ $222,884
Other Liabilities$31,704$48,796▲ $17,092
Deferred Revenue$3,985$3,985→ $0
Total Liabilities$3,012,429$2,813,905▼ $198,524
Net Assets / Fund Balance
Unrestricted Net Assets$2,640,101$3,932,471▲ $1,292,370
Temporarily Rstr Net Assets$345,415$205,000▼ $140,415
Total Net Assets Fund Balance$2,985,516$4,137,471▲ $1,151,955
Total Liabilities and Net Assets / Fund Balance$5,997,945$6,951,376▲ $953,431

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,782,682$700,000$4,482,682
Equipment$7,224$138,661$145,885
Other Land Buildings$63,318$45,481$108,799
Land$809,469-$108,001
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Timothy TrambleExecutive DiFT$130,000$3,900$133,900

Board Members and Trustees

NameTitle
Stanley MillerBoard Presid
Barbara OneyDirector
Cleo HillardDirector
Donovan DuncanDirector
John Anthony OrlandoDirector
Larry Jones IiDirector
Mildred CephusDirector
Ramiasha MuhammadDirector
Lauren HarrisSecretary
Michael SchoopTreasurer
Sherall E HardyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,379,236
Program Service Revenue
$2,546,924
Investment Income
$-1,598
Other Revenue
$-310,413
All Other Contributions
$1,042,126
Change in Net Assets
$1,373,819

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,614,149
Total Revenue per Audited Statements
$3,614,149
Total Revenue per Form 990
$3,614,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,358,555
Salaries, Compensation, and Employee Benefits$881,775
Total Fundraising Expense$34,420
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$538,528$64,393$3,016$605,937
Occupancy$225,327$24,093$2,406$251,826
Fees for Services Other$207,471$11,011$6,400$224,882
Current Officers, Directors, Trustees, and Key Employees$87,019$26,863$16,118$130,000
Depreciation Depletion$121,539$5,000-$126,539
Other Employee Benefits$70,542$10,291$2,158$82,991
Office Expenses$57,839$7,001$1,377$66,217
Payroll Taxes$53,420$7,793$1,634$62,847
Interest$43,611--$43,611
Other Expenses$35,413--$35,413
Insurance$22,880$3,338$700$26,918
Fees for Services Accounting$5,540$20,321$169$26,030
Conferences and Meetings$9,459$1,380$289$11,128
Travel$4,986$4,088$153$9,227
Advertising$3,393--$3,393
Fees for Services Legal$1,770--$1,770
Total Functional Expenses$2,020,338$185,572$34,420$2,240,330

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,240,330
Total Expenses per Audited Statements$2,240,330
Total Expenses per Form 990$2,240,330
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
Trust Funds$36,920
Security Deposits$11,876
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the federal form 990 was provided to the board prior to filing.

Form 990, Page 6, Part VI, Line 15A

The office and personnel committee negotiated the executive director's salary. They used a number of factors including other 990s and discussions with other cdc board members.

Form 990, Page 6, Part VI, Line 19

Consistent with the requirements of section 6104(d) of the irc and the regulations thereunder, copies of the organization's form 990 and governing documents shall be made available upon request, in a timely manner, and subject to the charges permitted by law to any individuals who request it.

Filing and Contact Details

Filer

Filer Name
Burten Bell Carr Development Corp
EIN
34-1657533
Phone
2163411455
Address
7201 KINSMAN ROAD, CLEVELAND, OH 44104

Signing Officer

Name
Timothy Tramble
Title
Executive Director
Phone
2163411455
Signed
2017-12-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Tramble
Formed
1990
Legal Domicile
Oh
Voting Board Members
11
Independent Board Members
11
Employees
25

Preparer

Firm
Koester Disalvo and Fried
Address
5587 TURNEY ROAD, GARFIELD HTS, OH 44125
Preparer
Kc Koester
Phone
2164757844
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Bbc's mission is to empower citizens, and revitalize blighted and underserved communities. Organizational staff statement bbc is comprised of a dynamic staff of thirteen highly committed and capable community development practitioners led since 2000 by its executive director, timothy l. Tramble. Eight staff members serve in a full-time capacity, six of which have earned a master's degree in public administration, planning and development, architecture, or social work. Full-time staff members have been with the organization for an average of over six years and have been working in the community development field for more than seven years. Enterprise rose architectural fellow erick rodriguez has been working with bbc and detroit shoreway community development organization since january 2014. Bbcs three social enterprises employs sixteen additional individuals all of whom were unemployed community residents prior to working for bbc subsidiaries. The organization is supported by a fully volunteer board of ten members. Each year over 250 people volunteer for bbc through programs and services ranging from americorp vista, tree plantings and other greening efforts, the ward 5 family festival, door knocking for various community engagement initiatives, and more. Organizational history as we have walked, driven, and biked our neighborhoods, our ambition to foster their full recovery has led us to layer traditional means and methods of community development with new measures and tactics. When bbc was established, our neighborhoods were undoubtedly the most blighted neighborhoods of cleveland. While there has been an abundance of improvements that have ushered new neighborhood identities, we are as driven as ever to create greater impact. Burten, bell, carr development, inc. (bbc) was created as a non-profit community development corporation (cdc) in 1990 to perform neighborhood planning and community revitalization activities in ward 5 of the city of cleveland. During our first fifteen years of existence, the organization primarily focused its efforts on neighborhood planning and restoring the residential fabric of the community by facilitating a variety of housing projects and supportive services in the central community. We have since evolved into a full service community development corporation serving the central and lower kinsman neighborhoods. Indicators, such as low foreclosure rates, purposeful re-use of large tracts of desolate land and the successful lease-up of retail spaces within once infamous crime-infested areas, demonstrates our effectiveness at charting the path of neighborhood recovery within the most challenged neighborhoods of cleveland. With such proven success we are poised to cultivate a new thriving neighborhood.

Form 990, Page 2, Part III, Line 4A

Strong neighborhoods cannot exist without healthy people within them. They cannot exist without exporting goods and services. Strong neighborhoods cannot exist without actively engaged and educated citizens, and strong neighborhoods cannot exist without assets of attraction. It is this realization that drove us to directly address health and wellness and gave us our entrepreneurial spirit. It is also why we now serve a formal role to our neighborhood schools and as a convener and conduit for wraparound services.

Form 990, Page 2, Part III, Line 4C

Neighborhood planning technical assistance to businesses & entrepreneurs volunteer income tax assistance program

Form 990, Page 2, Part III, Line 4D

Arbor park place holding, llc- bbc is the sole member of this llc which is consolidated in these financial statements. It was formed to acquire, redevelop and manage arbor park place neighborhood retail center. With a diverse set of tenants in 7 units totaling 38,858 square feet of leasable space, arbor park place is an essential amenity to the central neighborhood and its residents. Maintaining the health of the center and the services it provides is necessary for the vitality of the central community. Therefore, in 2017 bbc facilitated the restructuring of the debt on the center, invested 265,000 into needed capital improvements and took on direct property management responsibilities.

Form 990, Part IX, Line 11G

Consulting and contract labor 207,471 11,011 6,400

Form 990, Part XI, Line 9

Removed grant receivable -221,864

Form 990, Page 12, Part XII, Line 2C

X

Financial Statement Notes

Schedule D, Page 3, Part X

Bbc complies with fasb asc 740- accounting for uncertainty in income taxes. Fasb asc 740 details how companies should recognize, measure, present and disclose uncertain tax positions that have been or expected to be taken. As such, the financial statements would reflect expected future tax consequences of uncertain tax positions presuming the taxing authorities' full knowledge of the position and all relevant facts, if they existed. The management of bbc believes that there are no uncertain tax positions. The organization's tax years that remain subject to examination by the internal revenue service are june 30, 2014 and forward.

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IRS990/ActivityOrMissionDesc0BBC'S MISSION IS TO EMPOWER CITIZENS, AND REVITALIZE BLIGHTED AND UNDERSERVED COMMUNITIES. ORGANIZATIONAL STAFF STATEMENT BBC IS COMPRISED OF A DYNAMIC STAFF OF THIRTEEN HIGHLY COMMITTED AND CAPABLE COMMUNITY DEVELOPMENT PRACTITIONERS LED SINCE 2000 BY ITS EXECUTIVE DIRECTOR, TIMOTHY L. TRAMBLE. EIGHT STAFF MEMBERS SERVE IN A FULL-TIME CAPACITY, SIX OF WHICH HAVE EARNED A MASTER'S DEGREE IN PUBLIC ADMINISTRATION, PLANNING AND DEVELOPMENT, ARCHITECTURE, OR SOCIAL WORK. FULL-TIME STAFF MEMBERS HAVE BEEN WITH THE ORGANIZATION FOR AN AVERAGE OF OVER SIX YEARS AND HAVE BEEN WORKING IN THE COMMUNITY DEVELOPMENT FIELD FOR MORE THAN SEVEN YEARS. ENTERPRISE ROSE ARCHITECTURAL FELLOW ERICK RODRIGUEZ HAS BEEN WORKING WITH BBC AND DETROIT SHOREWAY COMMUNITY DEVELOPMENT ORGANIZATION SINCE JANUARY 2014. BBCS THREE SOCIAL ENTERPRISES EMPLOYS SIXTEEN ADDITIONAL INDIVIDUALS ALL OF WHOM WERE UNEMPLOYED COMMUNITY RESIDENTS PRIOR TO WORKING FOR BBC SUBSIDIARIES. THE ORGANIZATION IS SUPPORTED BY A FULLY VO
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.1$17.8$5.38$4.43$5.20$0.77
2023Detailed filing. Detailed filing data is available for this year.$23.5$17.6$5.91$5.33$4.63$0.70
2022Detailed filing. Detailed filing data is available for this year.$23.9$17.6$6.33$4.30$4.41$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.0$15.6$6.44$3.17$3.10$0.07
2020Detailed filing. Detailed filing data is available for this year.$12.4$6.06$6.37$3.50$2.50$1.00
2019Detailed filing. Detailed filing data is available for this year.$9.75$4.38$5.37$3.14$2.45$0.69
2018Detailed filing. Detailed filing data is available for this year.$7.74$3.07$4.67$2.72$2.18$0.54
2017Detailed filing. Detailed filing data is available for this year.$6.95$2.81$4.14$3.61$2.24$1.37
2016Detailed filing. Detailed filing data is available for this year.$6.00$3.01$2.99$3.54$3.47$0.07
2015Detailed filing. Detailed filing data is available for this year.$5.94$3.02$2.92$2.41$2.55$0.14
2014Detailed filing. Detailed filing data is available for this year.$6.01$2.95$3.06$2.26$1.74$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.64$3.11$2.53$1.49
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$3.21$1.61$1.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$2.00$0.88$0.94