Civic Intelligence

Northwest Ohio Development Agency

990 • Fiscal year 2015 • EIN 34-1909045

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 07, 2016

Organization ProfileWWW.NODATOLEDO.ORG
432 N Superior StreetToledo, OH 43604

(419) 243-3734

Siviq Scores

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

Liabilities / Assets

70th percentile

0.33x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

93rd percentile

3.36x

Higher debt load relative to revenue than 93% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

3rd percentile

-90%

Higher net margin than 3% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

67th percentile

$95,915

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 32.6% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-31%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets70th percentile

Assets

Down

$2,959,366

Down $364,881 (-11%) from 2014

Net Assets

Down

$1,970,911

Down $340,405 (-15%) from 2014

Liabilities

Down

$988,455

Down $24,476 (-2.4%) from 2014

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin3rd percentile

Revenue

Down

$294,092

Down $132,224 (-31%) from 2014

Expenses

Up

$558,005

Up $71,050 (+15%) from 2014

Net Income

Down

-$263,913

Down $203,274 (-335%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $3,324,247Liabilities 2014: $1,012,931Net Assets 2014: $2,311,3162014Assets 2015: $2,959,366Liabilities 2015: $988,455Net Assets 2015: $1,970,9112015

Highlighted filing

2015

Assets$2,959,366
Liabilities$988,455
Net Assets$1,970,911
Open 2015 Filing

Operations Trend

Revenue Growth10th percentile

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

$1.0M$500K$0-$500KRevenue 2014: $426,316Expenses 2014: $486,955Net Income 2014: -$60,6392014Revenue 2015: $294,092Expenses 2015: $558,005Net Income 2015: -$263,9132015

Highlighted filing

2015

Revenue$294,092
Expenses$558,005
Net Income-$263,913
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 7, 2016
Return Version
2014v6.0
Gross Receipts
$323,092
Mission and Program Overview

Mission

Northwest ohio development agency helps people become financially self- sufficient and builds stable communities. Our agency fulfills its mission by providing mortgage loans, investment capital, grants and supportive services in a holistic fashion to people and organizations within its targeted markets.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,410,719$1,315,244▼ $95,475
Investments in Publicly Traded Securities$1,153,941$1,009,702▼ $144,239
Land, Buildings, and Equipment, Net$289,167$373,517▲ $84,350
Pledges and Grants Receivable$127,781$132,200▲ $4,419
Savings and Temporary Cash Investments$208,360$113,484▼ $94,876
Prepaid Expenses and Deferred Charges$6,279$6,279→ $0
Total Assets$3,324,247$2,959,366▼ $364,881
Other Assets Total$128,000$8,940▼ $119,060
Liabilities
Other Liabilities$702,207$694,968▼ $7,239
Mortgage Notes Payable Secured by Investment Property$281,525$244,717▼ $36,808
Accounts Payable and Accrued Expenses$29,199$48,770▲ $19,571
Total Liabilities$1,012,931$988,455▼ $24,476
Net Assets / Fund Balance
Unrestricted Net Assets$2,050,368$1,789,673▼ $260,695
Temporarily Rstr Net Assets$260,948$181,238▼ $79,710
Total Net Assets Fund Balance$2,311,316$1,970,911▼ $340,405
Total Liabilities and Net Assets / Fund Balance$3,324,247$2,959,366▼ $364,881

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$295,048$24,231$319,279
Land$78,469-$78,469
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Badik Michael EPresident/ceFT$77,188$18,727$95,915

Board Members and Trustees

NameTitle
Bryant JuliaChairperson
Dubose LisaHr Chairpers
Escobar Louis PVice Chairpe
Monago Emily AnnBoard Member
Moye LindaBoard Member
Sabbagh KathrynBoard Member
Salem RobertBoard Member
Seeger David WBoard Member
Siewert Maria LupeBoard Member
Timmerman BenjaminBoard Member
Walker Ernest JrBoard Member
Widmer JohnSecretary
Perion John JackTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,769
Program Service Revenue
$112,118
Investment Income
$57,205
Other Revenue
$0
All Other Contributions
$4,720
Change in Net Assets
$-263,913

Audited Revenue Reconciliation

Revenue per Audited Statements
$294,092
Revenue Not Reported on Form 990
$-76,492
Total Revenue per Audited Statements
$217,600
Total Revenue per Form 990
$294,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$345,510
Other Expenses$150,847
Grants and Similar Amounts Paid$61,648
Total Fundraising Expense$8,783
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$160,584$14,274$3,568$178,426
Current Officers, Directors, Trustees, and Key Employees$86,323$7,673$1,919$95,915
Grants to Domestic Individuals$61,648--$61,648
Other Employee Benefits$37,760$3,357$839$41,956
Occupancy$16,745$1,489$372$18,606
Payroll Taxes$16,335$1,452$363$18,150
Interest$15,694$1,395$349$17,438
Office Expenses$14,604$1,298$324$16,226
Fees for Services Management$13,557$1,205$301$15,063
Pension Plan Contributions$9,957$885$221$11,063
Depreciation Depletion$7,650--$7,650
Insurance$6,686$594$149$7,429
Fees for Service Investment Mgmnt Fees$4,862$432$108$5,402
Fees for Services Other$2,250$200$50$2,500
Conferences and Meetings$2,071$184$46$2,301
Travel$1,122$100$25$1,247
Fees for Services Legal$473$42$11$526
Other Expenses$258$23$6$287
Advertising$202$18$4$224
All Other Expenses$-2,619--$-2,619
Total Functional Expenses$514,090$35,132$8,783$558,005

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$558,005
Total Expenses per Audited Statements$558,005
Total Expenses per Form 990$558,005
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
Line of Credit$694,968
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
Yes
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 disseminated to the board of directors prior to submission and approved for submission at monthly board meetings.”

Form 990, Page 6, Part VI, Line 12C

“Annual inquiry of current board members. New board members provide documentation of conflict of interest policy and disclose any conflicts, if they exist, at the time of accepting the board member position.”

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

“Annual review performed for ceo and executive director. This review is performed by the board of directors and the board approves annual compensation for these positions.”

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

“Annual review is performed for officers and other key employees. Officers of the organization are not compensated. Key employees compensation is determined and approved by board of directors on an annual basis.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy, and financial statements are made available to public upon request.”

Filing and Contact Details

Filer

Filer Name
Northwest Ohio Development Agency
EIN
34-1909045
Phone
4192433734
Address
432 N SUPERIOR STREET, TOLEDO, OH 43604

Signing Officer

Name
Michael E Badik
Title
President and CEO
Phone
4192433734
Signed
2016-01-07

Organization Details

Principal Officer
Michael E Badik
Formed
1998
Legal Domicile
Oh
Voting Board Members
13
Independent Board Members
13
Employees
5

Preparer

Firm
Demarco & Associates Cpas LLC
Address
845 COMMERCE DR, PERRYSBURG, OH 43551
Preparer
Leslie a Demarco CPA Cfe
Phone
4199310250
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Northwest ohio development agency helps people become financially self- sufficient and builds stable communities. Our agency fulfills its mission by providing mortgage loans, investment capital, grants and supportive services in a holistic fashion to people and organizations within its targeted markets.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Fasb asc 740, income taxes, requires entities to disclose in their financial statements the nature of any uncertainties in their tax position. Tax years including the fiscal year ended june 30, 2012 and later are subject to examination by tax authorities. Areas that irs and state tax authorities consider when examining tax returns of a charity include, but may not be limited to, tax-exempt status and the existence and amount of unrelated business income. The agency does not believe that it has any uncertain tax positions with respect to these or other matters, and has not recorded any unrecognized tax benefits or liability for penalties and interest.”

Raw XML AppendixShowing 400 of 543 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt029199
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt048770
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0NORTHWEST OHIO DEVELOPMENT AGENCY HELPS PEOPLE BECOME FINANCIALLY SELF- SUFFICIENT AND BUILDS STABLE COMMUNITIES. OUR AGENCY FULFILLS ITS MISSION BY PROVIDING MORTGAGE LOANS, INVESTMENT CAPITAL, GRANTS AND SUPPORTIVE SERVICES IN A HOLISTIC FASHION TO PEOPLE AND ORGANIZATIONS WITHIN ITS TARGETED MARKETS.
IRS990/AdvertisingGrp/FundraisingAmt04
IRS990/AdvertisingGrp/ManagementAndGeneralAmt018
IRS990/AdvertisingGrp/ProgramServicesAmt0202
IRS990/AdvertisingGrp/TotalAmt0224
IRS990/AllOtherContributionsAmt04720
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-2619
IRS990/AllOtherExpensesGrp/TotalAmt0-2619
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL E BADIK
IRS990/BooksInCareOfDetail/PhoneNum04192433734
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0432 N SUPERIOR STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0TOLEDO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043604
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt01919
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt07673
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt086323
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt095915
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/FundraisingAmt046
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0184
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt02071
IRS990/ConferencesMeetingsGrp/TotalAmt02301
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0124769
IRS990/CYGrantsAndSimilarPaidAmt061648
IRS990/CYInvestmentIncomeAmt057205
IRS990/CYOtherExpensesAmt0150847
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0112118
IRS990/CYRevenuesLessExpensesAmt0-263913
IRS990/CYSalariesCompEmpBnftPaidAmt0345510
IRS990/CYTotalExpensesAmt0558005
IRS990/CYTotalFundraisingExpenseAmt08783
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0294092
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07650
IRS990/DepreciationDepletionGrp/TotalAmt07650
IRS990/Desc0HOME MORTGAGE LENDING AND SERVICING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt05
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0346548
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesLegalGrp/FundraisingAmt011
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt042
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0473
IRS990/FeesForServicesLegalGrp/TotalAmt0526
IRS990/FeesForServicesManagementGrp/FundraisingAmt0301
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt01205
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt013557
IRS990/FeesForServicesManagementGrp/TotalAmt015063
IRS990/FeesForServicesOtherGrp/FundraisingAmt050
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0200
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt02250
IRS990/FeesForServicesOtherGrp/TotalAmt02500
IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt0108
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0432
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt04862
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt05402
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt018727
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0BADIK MICHAEL E
IRS990/Form990PartVIISectionAGrp/PersonNm1BRYANT JULIA
IRS990/Form990PartVIISectionAGrp/PersonNm2DUBOSE LISA
IRS990/Form990PartVIISectionAGrp/PersonNm3ESCOBAR LOUIS P
IRS990/Form990PartVIISectionAGrp/PersonNm4MONAGO EMILY ANN
IRS990/Form990PartVIISectionAGrp/PersonNm5MOYE LINDA
IRS990/Form990PartVIISectionAGrp/PersonNm6PERION JOHN JACK
IRS990/Form990PartVIISectionAGrp/PersonNm7SABBAGH KATHRYN
IRS990/Form990PartVIISectionAGrp/PersonNm8SALEM ROBERT
IRS990/Form990PartVIISectionAGrp/PersonNm9SEEGER DAVID W
IRS990/Form990PartVIISectionAGrp/PersonNm10SIEWERT MARIA LUPE
IRS990/Form990PartVIISectionAGrp/PersonNm11TIMMERMAN BENJAMIN
IRS990/Form990PartVIISectionAGrp/PersonNm12WALKER ERNEST JR
IRS990/Form990PartVIISectionAGrp/PersonNm13WIDMER JOHN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt077188
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRPERSON
IRS990/Form990PartVIISectionAGrp/TitleTxt2HR CHAIRPERS
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIRPE
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-14000
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0120049
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt061648
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt061648
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt015000
IRS990/GrossReceiptsAmt0323092
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0149
IRS990/InsuranceGrp/ManagementAndGeneralAmt0594
IRS990/InsuranceGrp/ProgramServicesAmt06686
IRS990/InsuranceGrp/TotalAmt07429
IRS990/InterestGrp/FundraisingAmt0349
IRS990/InterestGrp/ManagementAndGeneralAmt01395
IRS990/InterestGrp/ProgramServicesAmt015694
IRS990/InterestGrp/TotalAmt017438
IRS990/InvestmentIncomeGrp/ExclusionAmt071205
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071205
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01153941
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01009702
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024231
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0289167
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0373517
IRS990/LandBldgEquipCostOrOtherBssAmt0397748
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt029000
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0NORTHWEST OHIO DEVELOPMENT AGENCY HELPS PEOPLE BECOME FINANCIALLY SELF- SUFFICIENT AND BUILDS STABLE COMMUNITIES. OUR AGENCY FULFILLS ITS MISSION BY PROVIDING MORTGAGE LOANS, INVESTMENT CAPITAL, GRANTS AND SUPPORTIVE SERVICES IN A HOLISTIC FASHION TO PEOPLE AND ORGANIZATIONS WITHIN ITS TARGETED MARKETS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0281525
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0244717
IRS990/NetAssetsOrFundBalancesBOYAmt02311316
IRS990/NetAssetsOrFundBalancesEOYAmt01970911
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-14000
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-14000
IRS990/NetUnrlzdGainsLossesInvstAmt0-76492
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt0372
IRS990/OccupancyGrp/ManagementAndGeneralAmt01489
IRS990/OccupancyGrp/ProgramServicesAmt016745
IRS990/OccupancyGrp/TotalAmt018606
IRS990/OfficeExpensesGrp/FundraisingAmt0324
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01298
IRS990/OfficeExpensesGrp/ProgramServicesAmt014604
IRS990/OfficeExpensesGrp/TotalAmt016226
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0128000
IRS990/OtherAssetsTotalGrp/EOYAmt08940
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0839
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03357
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt037760
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041956
IRS990/OtherExpensesGrp/Desc0PROPERTY MAINTENANCE FEES
IRS990/OtherExpensesGrp/Desc1EQUIPMENT RENT & REPAIRS
IRS990/OtherExpensesGrp/Desc2TELEPHONE
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/FundraisingAmt087
IRS990/OtherExpensesGrp/FundraisingAmt141
IRS990/OtherExpensesGrp/FundraisingAmt26
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0346
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1165
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt223
IRS990/OtherExpensesGrp/ProgramServicesAmt052175
IRS990/OtherExpensesGrp/ProgramServicesAmt13894
IRS990/OtherExpensesGrp/ProgramServicesAmt21859
IRS990/OtherExpensesGrp/ProgramServicesAmt3258
IRS990/OtherExpensesGrp/TotalAmt052175
IRS990/OtherExpensesGrp/TotalAmt14327
IRS990/OtherExpensesGrp/TotalAmt22065
IRS990/OtherExpensesGrp/TotalAmt3287
IRS990/OtherLiabilitiesGrp/BOYAmt0702207
IRS990/OtherLiabilitiesGrp/EOYAmt0694968
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03568
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014274
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0160584
IRS990/OtherSalariesAndWagesGrp/TotalAmt0178426
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01410719
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01315244
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0363
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01452
IRS990/PayrollTaxesGrp/ProgramServicesAmt016335
IRS990/PayrollTaxesGrp/TotalAmt018150
IRS990/PensionPlanContributionsGrp/FundraisingAmt0221
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0885
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt09957
IRS990/PensionPlanContributionsGrp/TotalAmt011063
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0127781
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0132200
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06279
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06279
IRS990/PrincipalOfficerNm0MICHAEL E BADIK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0LOAN MORTGAGE INTEREST INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL HOME INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CLIENT LOAN FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt070081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt137865
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24172
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt070081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt137865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24172
IRS990/ProgSrvcAccomActy2Grp/Desc0INDIVIDUAL DEVELOPMENT ACCOUNTS/EMERGENCY HOME REPAIR GRANT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt096751
IRS990/ProgSrvcAccomActy3Grp/Desc0HOUSING COUNSELING/FORECLOSURE PREVENTION.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt070791
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0169681
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt029514
IRS990/PYInvestmentIncomeAmt0176191
IRS990/PYOtherExpensesAmt0152048
IRS990/PYOtherRevenueAmt0-16300
IRS990/PYProgramServiceRevenueAmt096744
IRS990/PYRevenuesLessExpensesAmt0-60639
IRS990/PYSalariesCompEmpBnftPaidAmt0305393
IRS990/PYTotalExpensesAmt0486955
IRS990/PYTotalRevenueAmt0426316
IRS990/ReconcilationRevenueExpnssAmt0-263913
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0208360
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0113484
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0124769
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0169681
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0202248
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0388821
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0181619
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01067138
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt071205
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0176191
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0269398
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0330157
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0270770
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01117721
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0112118
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.48840
IRS990ScheduleA/PublicSupportPY170Pct00.50000
IRS990ScheduleA/PublicSupportTotal170Amt01067138
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0124769
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0169681
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0202248
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0388821
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0181619
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01067138
IRS990ScheduleA/TotalSupportAmt02184859
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0295048
IRS990ScheduleD/BuildingsGrp/DepreciationAmt024231
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0319279
IRS990ScheduleD/ExpensesSubtotalAmt0558005
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt078469
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt078469
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-76492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0694968
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LINE OF CREDIT

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,959,366
Liabilities
$988,455
Net assets
$1,970,911
Revenue
$294,092
Expenses
$558,005
Net income
-$263,913
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$2.96$0.99$1.97$0.29$0.56$0.26
2014Detailed filing. Detailed filing data is available for this year.$3.32$1.01$2.31$0.43$0.49$0.06
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits