Civic Intelligence

Sahc Development Corp

EIN 34-1730570 • 501(c)3 • Akron, OH

Pub. 78 Eligible

Profile

Provide supportive housing for individuals that are infected with the HIV virus and/or families that have an individual that is infected with the HIV virus.

759 West Market StreetAkron, OH 44303

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

4.10x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

7.79x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

14th percentile

-50%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

43rd percentile

-7.1%

Faster asset growth than 43% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-51%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$342,422

Down $26,129 (-7.1%) from 2023

Liabilities

Up

$1,402,396

Up $64,119 (+4.8%) from 2023

Net Assets

Down

-$1,059,974

Down $90,248 (-9.3%) from 2023

Revenue

Down

$179,935

Down $186,994 (-51%) from 2023

Expenses

Down

$270,183

Down $5,459 (-2.0%) from 2023

Net Income

Down

-$90,248

Down $181,535 (-199%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MAssets 2017: $464,645Liabilities 2017: $1,317,316Net Assets 2017: -$852,6712017Assets 2018: $467,123Liabilities 2018: $1,374,113Net Assets 2018: -$906,9902018Assets 2019: $431,650Liabilities 2019: $1,391,939Net Assets 2019: -$960,2892019Assets 2020: $415,792Liabilities 2020: $1,410,237Net Assets 2020: -$994,4452020Assets 2021: $399,829Liabilities 2021: $1,407,554Net Assets 2021: -$1,007,7252021Assets 2022: $403,271Liabilities 2022: $1,464,284Net Assets 2022: -$1,061,0132022Assets 2023: $368,551Liabilities 2023: $1,338,277Net Assets 2023: -$969,7262023Assets 2024: $342,422Liabilities 2024: $1,402,396Net Assets 2024: -$1,059,9742024

Highlighted filing

2024

Assets$342,422
Liabilities$1,402,396
Net Assets-$1,059,974

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $133,676Expenses 2017: $192,212Net Income 2017: -$58,5362017Revenue 2018: $130,959Expenses 2018: $185,278Net Income 2018: -$54,3192018Revenue 2019: $134,838Expenses 2019: $188,137Net Income 2019: -$53,2992019Revenue 2020: $298,406Expenses 2020: $332,562Net Income 2020: -$34,1562020Revenue 2021: $255,414Expenses 2021: $268,694Net Income 2021: -$13,2802021Revenue 2022: $159,108Expenses 2022: $212,396Net Income 2022: -$53,2882022Revenue 2023: $366,929Expenses 2023: $275,642Net Income 2023: $91,2872023Revenue 2024: $179,935Expenses 2024: $270,183Net Income 2024: -$90,2482024

Highlighted filing

2024

Revenue$179,935
Expenses$270,183
Net Income-$90,248

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 10, 2025
Return Version
2024v5.1
Gross Receipts
$179,935
Mission and Program Overview

Mission

Provide supportive housing for individuals that are infected with the HIV virus and/or families that have an individual that is infected with the HIV virus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$251,064$224,516▼ $26,548
Savings and Temporary Cash Investments$47,273$51,887▲ $4,614
Cash and Non-Interest-Bearing Accounts$28,382$37,938▲ $9,556
Prepaid Expenses and Deferred Charges$19,015$25,385▲ $6,370
Accounts Receivable$22,817$2,696▼ $20,121
Total Assets$368,551$342,422▼ $26,129
Liabilities
Other Liabilities$1,234,900$1,234,900→ $0
Accounts Payable and Accrued Expenses$103,377$167,496▲ $64,119
Total Liabilities$1,338,277$1,402,396▲ $64,119
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-969,726$-1,059,974▼ $90,248
Total Net Assets Fund Balance$-969,726$-1,059,974▼ $90,248
Total Liabilities and Net Assets / Fund Balance$368,551$342,422▼ $26,129

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$136,163$1,320,233$1,456,396
Land$85,000-$85,000
Other Land Buildings$0$25,438$25,438
Equipment$3,353$18,314$21,667
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$148,588
Program Service Revenue
$31,339
Investment Income
$8
Other Revenue
$0
All Other Contributions
$53,486
Change in Net Assets
$-90,248

Audited Revenue Reconciliation

Revenue per Audited Statements
$179,935
Total Revenue per Audited Statements
$179,935
Total Revenue per Form 990
$179,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$214,312
Salaries, Compensation, and Employee Benefits$55,871
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$161,878$0$0$161,878
Other Salaries and Wages$45,749$0$0$45,749
Depreciation Depletion$26,548$0$0$26,548
Fees for Services Accounting$0$9,100$0$9,100
Fees for Services Management$0$7,193$0$7,193
Other Employee Benefits$6,494$0$0$6,494
Office Expenses$0$3,739$0$3,739
Payroll Taxes$3,628$0$0$3,628
Fees for Services Legal$0$2,875$0$2,875
Insurance$1,749$0$0$1,749
Other Expenses$786$0$0$786
Total Functional Expenses$246,832$23,351$0$270,183

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$270,183
Total Expenses per Audited Statements$270,183
Total Expenses per Form 990$270,183
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
Hud Capital Advance$1,234,900
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
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
Filing and Contact Details

Filer

Filer Name
Sahc Development Inc
EIN
34-1730570
Phone
3302521559
Address
759 WEST MARKET STREET, AKRON, OH 44303

Signing Officer

Name
Julie Beckert
Title
Board President
Phone
3302521559
Signed
2025-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Beckert
Formed
1992
Legal Domicile
Oh
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
20

Preparer

Firm
Shane T Millette CPA
Address
22299 South Woodland Road, Shaker Heights, OH 44122
Preparer
Shane T Millette CPA
Phone
2163864217
Supplemental Narrative

Additional Explanations

Pt V, PBC

Page 5, Part V, Line 2, and Lines 7-10: As a result of a common paymaster system, SAHC Development, Inc. reimburses their HUD Sponsor, Community AIDS Network/Akron Pride Initiative (see Schedule R), for payroll and related expenses that are reported under Community AIDS Network/Akron Pride Initiatives employer ID number.

Pt VI, Line 11B

A copy of the form 990 is provided to the Treasurer for review prior to filing. A copy is shared with the Trustees.

Pt VI, Line 12C

If a real or implied conflict of interest arises, the Board will perform an investigation. If non-compliance is discovered, the board member or key employee is required to end the relationship and/or resign from the organization.

Pt VI, Line 19

Documents are provided upon request

Pt VI, Line 15A

The Board of Directors determines the compensation of the Executive Director after an evaluation and looking at comparable pay for a similar position.

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