Civic Intelligence

New Home Development Company Inc

990 • Fiscal year 2017 • EIN 34-1674869

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 05, 2018

617 North Walnut Street Apt 12Bryan, OH 43506

(419) 519-3075

Siviq Scores

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

Liabilities / Assets

79th percentile

0.48x

Higher debt load relative to assets than 79% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.37x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

34th percentile

-1.7%

Higher net margin than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

56th percentile

$74,658

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 14.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

28th percentile

-2.6%

Faster asset growth than 28% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-48%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$2,612,082

Down $70,180 (-2.6%) from 2016

Net Assets

Down

$1,345,389

Down $8,840 (-0.7%) from 2016

Liabilities

Down

$1,266,693

Down $61,340 (-4.6%) from 2016

Revenue

Down

$533,428

Down $488,834 (-48%) from 2016

Expenses

Up

$542,268

Up $25,476 (+4.9%) from 2016

Net Income

Down

-$8,840

Down $514,310 (-102%) from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,737,968Liabilities 2010: $1,188,380Net Assets 2010: $549,5882010Assets 2012: $1,613,731Liabilities 2012: $1,055,720Net Assets 2012: $558,0112012Assets 2013: $1,644,572Liabilities 2013: $1,070,895Net Assets 2013: $573,6772013Assets 2014: $1,646,744Liabilities 2014: $1,031,445Net Assets 2014: $615,2992014Assets 2015: $2,111,918Liabilities 2015: $1,110,208Net Assets 2015: $1,001,7102015Assets 2016: $2,682,262Liabilities 2016: $1,328,033Net Assets 2016: $1,354,2292016Assets 2017: $2,612,082Liabilities 2017: $1,266,693Net Assets 2017: $1,345,3892017Assets 2018: $2,566,749Liabilities 2018: $1,192,794Net Assets 2018: $1,373,9552018Assets 2019: $2,614,346Liabilities 2019: $1,203,212Net Assets 2019: $1,411,1342019Assets 2020: $2,618,115Liabilities 2020: $1,121,127Net Assets 2020: $1,496,9882020Assets 2022: $2,684,474Liabilities 2022: $999,244Net Assets 2022: $1,685,2302022

Highlighted filing

2017

Assets$2,612,082
Liabilities$1,266,693
Net Assets$1,345,389

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $489,3342010Expenses 2012: $469,6602012Expenses 2013: $506,2852013Revenue 2014: $536,463Expenses 2014: $494,841Net Income 2014: $41,6222014Revenue 2015: $863,803Expenses 2015: $477,392Net Income 2015: $386,4112015Revenue 2016: $1,022,262Expenses 2016: $516,792Net Income 2016: $505,4702016Revenue 2017: $533,428Expenses 2017: $542,268Net Income 2017: -$8,8402017Revenue 2018: $600,396Expenses 2018: $571,830Net Income 2018: $28,5662018Revenue 2019: $630,128Expenses 2019: $592,949Net Income 2019: $37,1792019Revenue 2020: $668,762Expenses 2020: $582,908Net Income 2020: $85,8542020Revenue 2022: $860,456Expenses 2022: $744,993Net Income 2022: $115,4632022

Highlighted filing

2017

Revenue$533,428
Expenses$542,268
Net Income-$8,840
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 5, 2018
Return Version
2016v3.0
Gross Receipts
$533,428
Mission and Program Overview

Mission

To offer affordable housing options for persons with no to low incomes and who primarily have a mental illness.

To offer affordable housing options for persons with low to moderate incomes and who primarily have a mental illness

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,594,627$2,526,371▼ $68,256
Cash and Non-Interest-Bearing Accounts$77,068$80,583▲ $3,515
Accounts Receivable$7,239$1,540▼ $5,699
Total Assets$2,682,262$2,612,082▼ $70,180
Other Assets Total$3,328$3,588▲ $260
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,293,414$1,228,353▼ $65,061
Accounts Payable and Accrued Expenses$23,178$25,272▲ $2,094
Other Liabilities$11,441$13,068▲ $1,627
Total Liabilities$1,328,033$1,266,693▼ $61,340
Net Assets / Fund Balance
Unrestricted Net Assets$1,354,229$1,345,389▼ $8,840
Total Net Assets Fund Balance$1,354,229$1,345,389▼ $8,840
Total Liabilities and Net Assets / Fund Balance$2,682,262$2,612,082▼ $70,180

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,943,216$855,303$2,798,519
Leasehold Improvements$256,688$354,953$611,641
Land$316,041-$316,041
Equipment$10,426$42,292$52,718
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Caren Bauer-maleExecutive DirectorFT$68,892$5,766$74,658

Board Members and Trustees

NameTitle
Jessica Kline-parkerBoard Chair
Dana PhippsDirector
Ginny SterlingDirector
Jil RichardsDirector
Tim BowlingDirector
Scarlett WestcottSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$355,311
Program Service Revenue
$159,308
Investment Income
$19
Other Revenue
$18,790
Change in Net Assets
$-8,840

Audited Revenue Reconciliation

Revenue per Audited Statements
$533,428
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$533,428
Total Revenue per Form 990
$533,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$295,359
Salaries, Compensation, and Employee Benefits$246,909
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$99,390$44,426-$143,816
Depreciation Depletion$113,754--$113,754
Current Officers, Directors, Trustees, and Key Employees$29,427$44,140-$73,567
Occupancy$70,353$1,537-$71,890
Payroll Taxes$12,885$8,669-$21,554
Office Expenses-$10,555-$10,555
Travel$4,216$4,016-$8,232
Other Employee Benefits$3,685$1,252-$4,937
Fees for Services Other-$4,881-$4,881
Conferences and Meetings-$3,947-$3,947
Pension Plan Contributions$2,215$820-$3,035
Other Expenses$7,843$1,380-$1,380
All Other Expenses$90--$90
Advertising$-1,903--$-1,903
Total Functional Expenses$415,333$126,935$0$542,268

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$542,268
Total Expenses per Audited Statements$542,268
Total Expenses per Form 990$542,268
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
Deposits$13,068
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
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
No

Governance Explanations

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

A copy of the federal 990 return is provided for review during a governing body meeting before the return is filed with the irs.

Form 990, Part VI, Section B, Line 12C

All staff is required to read through and sign the code of conduct policy that was approved at the 1/25/2010 board meeting.

Form 990, Part VI, Section C, Line 19

These documents are available upon request after consideration of the board.

Filing and Contact Details

Filer

Filer Name
New Home Development Company Inc
EIN
34-1674869
Phone
4195193075
Address
617 NORTH WALNUT STREET APT 12, BRYAN, OH 43506

Signing Officer

Name
Caren Bauer-male
Title
Executive Director
Phone
4195193075
Signed
2018-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Caren Bauer-male
Formed
1990
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
ONE SEAGATE SUITE 2650, TOLEDO, OH 43604-1558
Preparer
William M Scott
Phone
4192443711
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code. Consequently, no provision for income taxes is required. The organization determined that it was not required to record a liability related to uncertain tax positions.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0872987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0727360
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0354665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0341117
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02651440
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt032
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0249
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0329
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0632153
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018790
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt023597
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt027483
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt067977
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt056138
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0193985
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93170
IRS990ScheduleA/PublicSupportPY170Pct00.92430
IRS990ScheduleA/PublicSupportTotal170Amt02651440
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0355311
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0872987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0727360
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0354665
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0341117
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02651440
IRS990ScheduleA/TotalSupportAmt02845754
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01943216
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0855303
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02798519
IRS990ScheduleD/EquipmentGrp/BookValueAmt010426
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042292
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052718
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0542268
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0316041
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0316041
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0256688
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0354953
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0611641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013068
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0533428
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CONSEQUENTLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE ORGANIZATION DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02526371
IRS990ScheduleD/TotalExpensesPerForm990Amt0542268
IRS990ScheduleD/TotalLiabilityAmt013068
IRS990ScheduleD/TotalRevenuePerForm990Amt0533428
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0533428
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0542268
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FEDERAL 990 RETURN IS PROVIDED FOR REVIEW DURING A GOVERNING BODY MEETING BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL STAFF IS REQUIRED TO READ THROUGH AND SIGN THE CODE OF CONDUCT POLICY THAT WAS APPROVED AT THE 1/25/2010 BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AFTER CONSIDERATION OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0NHDC-1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0341871396
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE HOUSING TO INDIVIDUALS WITH MENTAL HEALTH & FINANCIAL NEEDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0617 NORTH WALNUT ST APT 12
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0BRYAN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd043506
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd01
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd01
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02682262
IRS990/TotalAssetsEOYAmt02612082
IRS990/TotalAssetsGrp/BOYAmt02682262
IRS990/TotalAssetsGrp/EOYAmt02612082
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0355311
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0126935
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0415333
IRS990/TotalFunctionalExpensesGrp/TotalAmt0542268
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01328033
IRS990/TotalLiabilitiesEOYAmt01266693
IRS990/TotalLiabilitiesGrp/BOYAmt01328033
IRS990/TotalLiabilitiesGrp/EOYAmt01266693
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01354229
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01345389
IRS990/TotalOtherCompensationAmt05766
IRS990/TotalProgramServiceExpensesAmt0415333
IRS990/TotalProgramServiceRevenueAmt0159308
IRS990/TotalReportableCompFromOrgAmt068892
IRS990/TotalRevenueGrp/ExclusionAmt019

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