Civic Intelligence

Mchenry County Community Homes Inc.

990 • Fiscal year 2020 • EIN 36-3239412

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 15, 2021

5340 Lincoln AvenueSkokie, IL 60077

(847) 564-2900

Siviq Scores

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

Liabilities / Assets

94th percentile

1.10x

Higher debt load relative to assets than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

6.01x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

44th percentile

2.8%

Higher net margin than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

14th percentile

-5.6%

Faster asset growth than 14% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

42nd percentile

-2.9%

Faster revenue growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,013,304

Down $119,750 (-5.6%) from 2019

Net Assets

Down

-$210,191

Down $33,998 (-19%) from 2019

Liabilities

Down

$2,223,495

Down $85,752 (-3.7%) from 2019

Revenue

Down

$370,249

Down $11,030 (-2.9%) from 2019

Expenses

Down

$360,002

Down $16,071 (-4.3%) from 2019

Net Income

Up

$10,247

Up $5,041 (+97%) from 2019

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$0-$1.0MAssets 2010: $2,302,230Liabilities 2010: $2,574,869Net Assets 2010: -$272,6392010Assets 2011: $2,352,139Liabilities 2011: $2,574,005Net Assets 2011: -$221,8662011Assets 2012: $2,321,367Liabilities 2012: $2,539,629Net Assets 2012: -$218,2622012Assets 2013: $2,340,627Liabilities 2013: $2,520,413Net Assets 2013: -$179,7862013Assets 2014: $2,338,453Liabilities 2014: $2,522,746Net Assets 2014: -$184,2932014Assets 2015: $2,337,863Liabilities 2015: $2,537,403Net Assets 2015: -$199,5402015Assets 2016: $2,301,210Liabilities 2016: $2,494,660Net Assets 2016: -$193,4502016Assets 2017: $2,238,848Liabilities 2017: $2,427,119Net Assets 2017: -$188,2712017Assets 2019: $2,133,054Liabilities 2019: $2,309,247Net Assets 2019: -$176,1932019Assets 2020: $2,013,304Liabilities 2020: $2,223,495Net Assets 2020: -$210,1912020Assets 2021: $1,885,945Liabilities 2021: $2,135,894Net Assets 2021: -$249,9492021Assets 2022: $1,826,927Liabilities 2022: $2,093,078Net Assets 2022: -$266,1512022Assets 2023: $1,740,334Liabilities 2023: $2,029,833Net Assets 2023: -$289,4992023Assets 2024: $1,716,947Liabilities 2024: $1,952,599Net Assets 2024: -$235,6522024

Highlighted filing

2020

Assets$2,013,304
Liabilities$2,223,495
Net Assets-$210,191

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2010: $349,1152010Expenses 2011: $357,0512011Expenses 2012: $373,7942012Expenses 2013: $332,8192013Revenue 2014: $413,374Expenses 2014: $417,881Net Income 2014: -$4,5072014Revenue 2015: $361,653Expenses 2015: $376,900Net Income 2015: -$15,2472015Revenue 2016: $367,574Expenses 2016: $361,484Net Income 2016: $6,0902016Revenue 2017: $362,885Expenses 2017: $357,706Net Income 2017: $5,1792017Revenue 2019: $381,279Expenses 2019: $376,073Net Income 2019: $5,2062019Revenue 2020: $370,249Expenses 2020: $360,002Net Income 2020: $10,2472020Revenue 2021: $358,401Expenses 2021: $378,159Net Income 2021: -$19,7582021Revenue 2022: $371,322Expenses 2022: $387,524Net Income 2022: -$16,2022022Revenue 2023: $360,404Expenses 2023: $383,752Net Income 2023: -$23,3482023Revenue 2024: $404,898Expenses 2024: $351,051Net Income 2024: $53,8472024

Highlighted filing

2020

Revenue$370,249
Expenses$360,002
Net Income$10,247
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 15, 2021
Return Version
2020v4.1
Gross Receipts
$370,249
Mission and Program Overview

Mission

Mchenry county community homes operates an apartment complex which includes 44 one and two bedroom units with 43 reserved for low to very low income tenants and 21 of those units also limited to persons with disabilities.

To operate an apartment complex for low to very low income tenants and persons with disabilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,709,588$1,627,763▼ $81,825
Cash and Non-Interest-Bearing Accounts$111,242$114,981▲ $3,739
Savings and Temporary Cash Investments$27,007$27,158▲ $151
Prepaid Expenses and Deferred Charges$19,115$19,115→ $0
Accounts Receivable$1,584$6,374▲ $4,790
Total Assets$2,073,515$2,013,304▼ $60,211
Other Assets Total$204,979$217,913▲ $12,934
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,219,934$2,162,040▼ $57,894
Deferred Revenue$32,465$25,974▼ $6,491
Escrow Account Liability$23,872$21,649▼ $2,223
Accounts Payable and Accrued Expenses$17,682$13,832▼ $3,850
Total Liabilities$2,293,953$2,223,495▼ $70,458
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-220,438$-210,191▲ $10,247
Total Net Assets Fund Balance$-220,438$-210,191▲ $10,247
Total Liabilities and Net Assets / Fund Balance$2,073,515$2,013,304▼ $60,211

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,372,713$1,791,192$3,163,905
Land$238,470-$238,470
Equipment$12,203$83,182$95,385
Other Land Buildings$4,377$11,070$15,447
Other Assets Org$84,474--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kristin BergPresident
Jacqueline ClawsonDirector
Richard KoenigSecretary
Marshall SamuelsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$369,665
Investment Income
$584
Other Revenue
$0
Change in Net Assets
$10,247
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$327,002
Salaries, Compensation, and Employee Benefits$33,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$149,772--$149,772
Depreciation Depletion$87,993--$87,993
Other Salaries and Wages$33,000--$33,000
Fees for Services Management-$29,943-$29,943
Office Expenses$28,443--$28,443
Insurance$22,352--$22,352
Other Expenses$7,411--$7,411
Fees for Services Accounting-$1,000-$1,000
Fees for Services Legal-$88-$88
Total Functional Expenses$328,971$31,031$0$360,002
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
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
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The day to day operations and management of the property are contracted for with full circle management of chicago, il

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

A copy of form 990 was provided to the governing body for review before the form was filed

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

The board of directors reviews the conflict of interest policy annually including any discrepancies which are dealt with accordingly

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Mchenry County Community Homes Inc
EIN
36-3239412
Phone
8475642900
Address
5340 LINCOLN AVENUE, SKOKIE, IL 60077

Signing Officer

Name
Kristin Berg
Title
President
Phone
8475642900
Signed
2021-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristin Berg
Formed
1983
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
Rubinbrown Llp
Address
225 W WACKER DRIVE, CHICAGO, IL 60606
Preparer
Bruce Schiff
Phone
3124251099
Supplemental Narrative

Additional Explanations

990 Page 10, Line 7

Salaries and wages shown for mchenry county community homes inc. Were reported on form w-3 by full circle management, llc. Mchenry county community homes inc's allocated share is properly shown on form 990, part ix, line 7, as program service expense.

Financial Statement Notes

PART IV, LINE 2B:

Tenant security deposits are held in a separate bank account and this escrow liability relates to these amounts

Raw XML Appendix396 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.

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING RESERVE FOR IHDA MORTGAGE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESERVE SAVINGS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04377
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt011070
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt015447
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS ARE HELD IN A SEPARATE BANK ACCOUNT AND THIS ESCROW LIABILITY RELATES TO THESE AMOUNTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01627763
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0217913
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DAY TO DAY OPERATIONS AND MANAGEMENT OF THE PROPERTY ARE CONTRACTED FOR WITH FULL CIRCLE MANAGEMENT OF CHICAGO, IL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE THE FORM WAS FILED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY ANNUALLY INCLUDING ANY DISCREPANCIES WHICH ARE DEALT WITH ACCORDINGLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4SALARIES AND WAGES SHOWN FOR MCHENRY COUNTY COMMUNITY HOMES INC. WERE REPORTED ON FORM W-3 BY FULL CIRCLE MANAGEMENT, LLC. MCHENRY COUNTY COMMUNITY HOMES INC'S ALLOCATED SHARE IS PROPERLY SHOWN ON FORM 990, PART IX, LINE 7, AS PROGRAM SERVICE EXPENSE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4990 PAGE 10, LINE 7
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0HOUSING OPPORTUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0HOUSING OPPORTUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0363237455
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HSG
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt05340 LINCOLN AVENUE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SKOKIE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060077
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02073515
IRS990/TotalAssetsEOYAmt02013304
IRS990/TotalAssetsGrp/BOYAmt02073515
IRS990/TotalAssetsGrp/EOYAmt02013304
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031031
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0328971
IRS990/TotalFunctionalExpensesGrp/TotalAmt0360002
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02293953
IRS990/TotalLiabilitiesEOYAmt02223495
IRS990/TotalLiabilitiesGrp/BOYAmt02293953
IRS990/TotalLiabilitiesGrp/EOYAmt02223495
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-220438
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-210191
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0328971
IRS990/TotalProgramServiceRevenueAmt0369665
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0584
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0369665
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0370249
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02073515
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02013304
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05340 LINCOLN AVENUE
IRS990/USAddress/CityNm0SKOKIE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060077
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0HODC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTIN BERG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08475642900
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MCHENRY COUNTY COMMUNITY HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0MCHE
ReturnHeader/Filer/EIN0363239412
ReturnHeader/Filer/PhoneNum08475642900
ReturnHeader/Filer/USAddress/AddressLine1Txt05340 LINCOLN AVENUE
ReturnHeader/Filer/USAddress/CityNm0SKOKIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060077
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430765316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUBINBROWN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 W WACKER DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03124251099
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE SCHIFF
ReturnHeader/ReturnTs02021-10-15T11:29:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KRISTIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BERG
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$1.95$0.24$0.40$0.35$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.74$2.03$0.29$0.36$0.38$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.83$2.09$0.27$0.37$0.39$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.89$2.14$0.25$0.36$0.38$0.02
2020Detailed filing. Detailed filing data is available for this year.$2.01$2.22$0.21$0.37$0.36$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.13$2.31$0.18$0.38$0.38$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.24$2.43$0.19$0.36$0.36$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.30$2.49$0.19$0.37$0.36$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.34$2.54$0.20$0.36$0.38$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.34$2.52$0.18$0.41$0.42$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.34$2.52$0.18$0.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$2.54$0.22$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.35$2.57$0.22$0.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$2.57$0.27$0.35