Civic Intelligence

Eastern Ohio Housing Development Corporation

990 • Fiscal year 2021 • EIN 34-1715856

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

PO Box 388Lansing, OH 43934

(740) 635-0079

Siviq Scores

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

Liabilities / Assets

87th percentile

0.77x

Higher debt load relative to assets than 87% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

97th percentile

12.30x

Higher debt load relative to revenue than 97% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

8th percentile

-22%

Higher net margin than 8% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

16th percentile

$40,662

Higher top officer pay than 16% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

27th percentile

1.6%

Faster asset growth than 27% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

7th percentile

-34%

Faster revenue growth than 7% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$10,177,034

Up $160,447 (+1.6%) from 2020

Net Assets

Down

$2,300,194

Down $139,359 (-5.7%) from 2020

Liabilities

Up

$7,876,840

Up $299,806 (+4.0%) from 2020

Revenue

Down

$640,253

Down $325,893 (-34%) from 2020

Expenses

Down

$779,612

Down $2,455 (-0.3%) from 2020

Net Income

Down

-$139,359

Down $323,438 (-176%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2014: $8,884,183Liabilities 2014: $7,705,186Net Assets 2014: $1,178,9972014Assets 2015: $8,784,729Liabilities 2015: $7,508,245Net Assets 2015: $1,276,4842015Assets 2016: $8,902,190Liabilities 2016: $7,474,475Net Assets 2016: $1,427,7152016Assets 2017: $10,441,799Liabilities 2017: $8,927,797Net Assets 2017: $1,514,0022017Assets 2018: $10,888,461Liabilities 2018: $9,282,802Net Assets 2018: $1,605,6592018Assets 2019: $9,823,543Liabilities 2019: $7,890,297Net Assets 2019: $1,933,2462019Assets 2020: $10,016,587Liabilities 2020: $7,577,034Net Assets 2020: $2,439,5532020Assets 2021: $10,177,034Liabilities 2021: $7,876,840Net Assets 2021: $2,300,1942021Assets 2022: $10,530,172Liabilities 2022: $7,351,145Net Assets 2022: $3,179,0272022Assets 2023: $10,851,828Liabilities 2023: $7,356,333Net Assets 2023: $3,495,4952023Assets 2024: $1,335,536Liabilities 2024: $942,775Net Assets 2024: $392,7612024

Highlighted filing

2021

Assets$10,177,034
Liabilities$7,876,840
Net Assets$2,300,194

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $717,498Expenses 2014: $531,650Net Income 2014: $185,8482014Revenue 2015: $638,595Expenses 2015: $541,108Net Income 2015: $97,4872015Revenue 2016: $728,512Expenses 2016: $577,281Net Income 2016: $151,2312016Revenue 2017: $671,955Expenses 2017: $585,668Net Income 2017: $86,2872017Revenue 2018: $698,332Expenses 2018: $606,675Net Income 2018: $91,6572018Revenue 2019: $1,008,940Expenses 2019: $679,366Net Income 2019: $329,5742019Revenue 2020: $966,146Expenses 2020: $782,067Net Income 2020: $184,0792020Revenue 2021: $640,253Expenses 2021: $779,612Net Income 2021: -$139,3592021Revenue 2022: $2,004,540Expenses 2022: $1,125,906Net Income 2022: $878,6342022Revenue 2023: $1,146,370Expenses 2023: $829,902Net Income 2023: $316,4682023Revenue 2024: $1,048,851Expenses 2024: $525,012Net Income 2024: $523,8392024

Highlighted filing

2021

Revenue$640,253
Expenses$779,612
Net Income-$139,359
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.0
Gross Receipts
$640,253
Mission and Program Overview

Mission

To provide independent housing to developmentally and chronically mentally ill adults.

To provide independent housing to developmentally and chronically mentally ill adults

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,056,135$7,361,003▲ $304,868
Cash and Non-Interest-Bearing Accounts$2,627,654$2,482,708▼ $144,946
Savings and Temporary Cash Investments$177,041$202,115▲ $25,074
Accounts Receivable$132,794$108,391▼ $24,403
Intangible Assets$17,943$17,133▼ $810
Prepaid Expenses and Deferred Charges$5,020$5,684▲ $664
Total Assets$10,016,587$10,177,034▲ $160,447
Liabilities
Other Liabilities$5,287,140$5,572,631▲ $285,491
Deferred Revenue$1,175,992$1,145,545▼ $30,447
Mortgage Notes Payable Secured by Investment Property$1,023,009$973,057▼ $49,952
Accounts Payable and Accrued Expenses$90,893$185,607▲ $94,714
Total Liabilities$7,577,034$7,876,840▲ $299,806
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,439,553$2,300,194▼ $139,359
Total Net Assets Fund Balance$2,439,553$2,300,194▼ $139,359
Total Liabilities and Net Assets / Fund Balance$10,016,587$10,177,034▲ $160,447

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,931,295$4,325,525$10,256,820
Land$1,114,914-$1,114,914
Equipment$108,460$322,547$431,007
Other Land Buildings$206,334$29,671$236,005
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kaycie AntonikExecutive DiFT$40,662$40,662

Board Members and Trustees

NameTitle
Randy ProctorPresident
George BallogSecretary Tr
Jay RodakVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$588,658
Investment Income
$6,524
Other Revenue
$45,071
Change in Net Assets
$-139,359

Audited Revenue Reconciliation

Revenue per Audited Statements
$640,253
Total Revenue per Audited Statements
$640,253
Total Revenue per Form 990
$640,253
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$617,374
Salaries, Compensation, and Employee Benefits$162,238
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$81,275$37,474-$118,749
Depreciation Depletion$111,938$6,356-$118,294
Occupancy-$66,410-$66,410
Interest$62,791--$62,791
Current Officers, Directors, Trustees, and Key Employees-$40,622-$40,622
Office Expenses$28,672$7,875-$36,547
Fees for Services Management$35,883--$35,883
Insurance$5,816$14,378-$20,194
Fees for Services Other-$19,556-$19,556
Other Expenses$5,575$4,640-$4,640
Payroll Taxes$2,867--$2,867
Total Functional Expenses$553,115$226,497$0$779,612

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$779,612
Total Expenses per Audited Statements$779,612
Total Expenses per Form 990$779,612
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
Assets Held for County Boards$5,557,804
Security Deposit Holding$14,827
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

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

The 990 is reviewed by executive director and board of directors prior to filing

Form 990, Page 6, Part VI, Line 19

Eastern ohio housing's governing documents, conflict of interest policy and financial statements are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Eastern Ohio Housing Development
EIN
34-1715856
Phone
7406350079
Address
PO BOX 388, LANSING, OH 43934

Signing Officer

Name
Kaycie Antonik
Title
Executive Director
Phone
7406350079
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kaycie Antonik
Formed
1992
Legal Domicile
Oh
Voting Board Members
3
Independent Board Members
3
Employees
4

Preparer

Firm
Midwest CPA LLC
Address
10250 ALLIANCE ROAD - SUITE 100, CINCINNATI, OH 45242
Preparer
Carolyn Edwards
Phone
5135882830
Supplemental Narrative

Additional Explanations

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

Eastern ohio housing owns a 24 unit apartment building that it rents to adults with chronic mental illness

Form 990, Part XI, Line 9

2019 prior period adjustment 259,871 2020 prior period adjustment 62,157 2021 adjustment -322,028 adjustment 0

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0324
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt04568
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ASSETS HELD FOR COUNTY BOARDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSIT HOLDING
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IRS990ScheduleD/TotalLiabilityAmt05572631
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EASTERN OHIO HOUSING OWNS A 24 UNIT APARTMENT BUILDING THAT IT RENTS TO ADULTS WITH CHRONIC MENTAL ILLNESS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED BY EXECUTIVE DIRECTOR AND BOARD OF DIRECTORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EASTERN OHIO HOUSING'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32019 PRIOR PERIOD ADJUSTMENT 259,871 2020 PRIOR PERIOD ADJUSTMENT 62,157 2021 ADJUSTMENT -322,028 ADJUSTMENT 0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TerminateOperationsInd0false
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0779612
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt07876840
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02439553
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IRS990/TotalProgramServiceExpensesAmt0553115
IRS990/TotalProgramServiceRevenueAmt0588658
IRS990/TotalReportableCompFromOrgAmt040662
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0640253
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0640253
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt010016587
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt010177034
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 388
IRS990/USAddress/CityNm0LANSING
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IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KAYCIE ANTONIK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07406350079
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EASTERN OHIO HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ANTONIK
ReturnHeader/Filer/BusinessNameControlTxt0EAST
ReturnHeader/Filer/EIN0341715856
ReturnHeader/Filer/PhoneNum07406350079
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 388
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd043934
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0270890231
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIDWEST CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010250 ALLIANCE ROAD - SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045242
ReturnHeader/PreparerPersonGrp/PhoneNum05135882830
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAROLYN EDWARDS
ReturnHeader/ReturnTs02022-11-15T13:03:55-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KAYCIE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ANTONIK
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31

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