Civic Intelligence

Human Resources Development Institute Inc - Southwood

990 • Fiscal year 2017 • EIN 36-3452367

Jul 01, 2016 to Jun 30, 2017 • Filed on Mar 06, 2018

222 South Jefferson Street No 200Chicago, IL 60661-5603

(312) 441-9009

Siviq Scores

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

Liabilities / Assets

85th percentile

0.66x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

95th percentile

4.74x

Higher debt load relative to revenue than 95% of similar nonprofits.

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

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

29th percentile

-2.2%

Faster asset growth than 29% of similar nonprofits.

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

Revenue Growth

37th percentile

-0.1%

Faster revenue growth than 37% of similar nonprofits.

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

Assets

Down

$2,620,746

Down $58,311 (-2.2%) from 2016

Net Assets

Up

$893,680

Up $52,883 (+6.3%) from 2016

Liabilities

Down

$1,727,066

Down $111,194 (-6.0%) from 2016

Revenue

Down

$364,537

Down $212 (-0.1%) from 2016

Expenses

Up

$311,654

Up $6,245 (+2.0%) from 2016

Net Income

Down

$52,883

Down $6,457 (-11%) from 2016

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $3,185,700Liabilities 2010: $2,413,617Net Assets 2010: $772,0832010Assets 2012: $2,323,641Liabilities 2012: $1,605,425Net Assets 2012: $718,2162012Assets 2013: $2,270,583Liabilities 2013: $1,523,956Net Assets 2013: $746,6272013Assets 2014: $2,244,227Liabilities 2014: $1,484,387Net Assets 2014: $759,8402014Assets 2015: $2,731,719Liabilities 2015: $1,950,262Net Assets 2015: $781,4572015Assets 2016: $2,679,057Liabilities 2016: $1,838,260Net Assets 2016: $840,7972016Assets 2017: $2,620,746Liabilities 2017: $1,727,066Net Assets 2017: $893,6802017Assets 2018: $2,581,701Liabilities 2018: $1,622,648Net Assets 2018: $959,0532018Assets 2019: $2,832,609Liabilities 2019: $1,803,166Net Assets 2019: $1,029,4432019Assets 2020: $3,061,967Liabilities 2020: $1,821,125Net Assets 2020: $1,240,8422020Assets 2021: $3,290,543Liabilities 2021: $2,258,097Net Assets 2021: $1,032,4462021Assets 2022: $3,515,741Liabilities 2022: $2,687,820Net Assets 2022: $827,9212022

Highlighted filing

2017

Assets$2,620,746
Liabilities$1,727,066
Net Assets$893,680

Operations Trend

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

$600K$400K$200K$0-$200K-$400KExpenses 2010: $401,6772010Expenses 2012: $274,6652012Expenses 2013: $249,6162013Revenue 2014: $277,801Expenses 2014: $264,588Net Income 2014: $13,2132014Revenue 2015: $321,062Expenses 2015: $299,445Net Income 2015: $21,6172015Revenue 2016: $364,749Expenses 2016: $305,409Net Income 2016: $59,3402016Revenue 2017: $364,537Expenses 2017: $311,654Net Income 2017: $52,8832017Revenue 2018: $364,536Expenses 2018: $299,163Net Income 2018: $65,3732018Revenue 2019: $364,536Expenses 2019: $294,146Net Income 2019: $70,3902019Revenue 2020: $434,808Expenses 2020: $223,408Net Income 2020: $211,4002020Revenue 2021: $5,030Expenses 2021: $213,426Net Income 2021: -$208,3962021Revenue 2022: $4,200Expenses 2022: $208,727Net Income 2022: -$204,5272022

Highlighted filing

2017

Revenue$364,537
Expenses$311,654
Net Income$52,883
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Mar 6, 2018
Return Version
2016v3.0
Gross Receipts
$364,537
Mission and Program Overview

Mission

Provides property management for Human Resources Development Institute and its related entities.

Property management for Human Resources Development Institute and related entities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,225,563$2,077,105▼ $148,458
Prepaid Expenses and Deferred Charges$2,460$2,487▲ $27
Cash and Non-Interest-Bearing Accounts$2,323$593▼ $1,730
Accounts Receivable$150--
Savings and Temporary Cash Investments$9,967$66▼ $9,901
Total Assets$2,679,057$2,620,746▼ $58,311
Other Assets Total$438,594$540,495▲ $101,901
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,808,444$1,697,219▼ $111,225
Other Liabilities$24,750$24,750→ $0
Accounts Payable and Accrued Expenses$5,066$5,097▲ $31
Total Liabilities$1,838,260$1,727,066▼ $111,194
Net Assets / Fund Balance
Unrestricted Net Assets$840,797$893,680▲ $52,883
Total Net Assets Fund Balance$840,797$893,680▲ $52,883
Total Liabilities and Net Assets / Fund Balance$2,679,057$2,620,746▼ $58,311

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,425,707$1,406,400$2,832,107
Land$651,398-$651,398
Other Assets Org$539,145--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$364,537
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$52,883
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$311,654
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$148,458--$148,458
Interest$75,760--$75,760
Fees for Services Other-$67,500-$67,500
Occupancy$18,921--$18,921
Fees for Services Accounting-$1,005-$1,005
Other Expenses-$10-$10
Total Functional Expenses$243,139$68,515$0$311,654
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
Security Deposits$24,750
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The 990 was reviewed and approved by management prior to filing.

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

Its officers and management are charged with insuring that Southwood is in compliance with its conflict of interest policy.

Form 990, Part VI, Section C, line 19

Governing documents and financial statements are available upon request. The audit report is posted on the Illinois Attorney General's website.

Filing and Contact Details

Filer

Filer Name
Human Resources Development Institute
EIN
36-3452367
Phone
3124419009
Address
222 South Jefferson Street No 200, Chicago, IL 60661-5603

Signing Officer

Name
Joel K Johnson
Title
Director
Phone
3124419009
Signed
2018-03-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joel K Johnson
Formed
1985
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Ave, Chicago, IL 60643
Preparer
Paul Betlinski
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Consultants: Program service expenses 0. Management and general expenses 67,500. Fundraising expenses 0. Total expenses 67,500.

Financial Statement Notes

Part X, Line 2:

FIN 48 Note from Consolidated Audit Report HRDI-Southwood has received a tax determination letter from the Internal Revenue Service indicating that they are recongnized as exempt from Federal income tax under IRC 501(a) as an organization described in IRC Section 501(c)(3), except for taxes pertaining to unrelated business income. No provision has been made for income taxes in the accompanying financial statements as HRDI-Southwood has no material unrelated business income. FASB issued guidance prescribing how an organization should recognize, measure, present, and disclose in its consolidated financial statements uncertain tax positions. HRDI-Southwood adopted this guidance, which is included in Accounting Standards Codification Topic 740 (ASC 740) Income Taxes. This guidance addresses the determination of how tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. HRDI must recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. As of June 30, 2017 and 2016, HRDI-Southwood did not have a liability for unrecognized tax benefits.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FIN 48 Note from Consolidated Audit Report HRDI-Southwood has received a tax determination letter from the Internal Revenue Service indicating that they are recongnized as exempt from Federal income tax under IRC 501(a) as an organization described in IRC Section 501(c)(3), except for taxes pertaining to unrelated business income. No provision has been made for income taxes in the accompanying financial statements as HRDI-Southwood has no material unrelated business income. FASB issued guidance prescribing how an organization should recognize, measure, present, and disclose in its consolidated financial statements uncertain tax positions. HRDI-Southwood adopted this guidance, which is included in Accounting Standards Codification Topic 740 (ASC 740) Income Taxes. This guidance addresses the determination of how tax benefits claimed or expected to be claimed on a tax return should be recorded in the consolidated financial statements. HRDI must recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. As of June 30, 2017 and 2016, HRDI-Southwood did not have a liability for unrecognized tax benefits.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02077105
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0540495
IRS990ScheduleD/TotalLiabilityAmt024750
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0158519
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt016171
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Joel K Johnson
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0190988
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The 990 was reviewed and approved by management prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Its officers and management are charged with insuring that Southwood is in compliance with its conflict of interest policy.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents and financial statements are available upon request. The audit report is posted on the Illinois Attorney General's website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Consultants: Program service expenses 0. Management and general expenses 67,500. Fundraising expenses 0. Total expenses 67,500.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, line 11g
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0HRDI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Human Resources Development Institute
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362894887
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Health and human services
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0170(B)(1)(A)(VI)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0222 S Jefferson Suite 200
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Chicago
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060661
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0425295
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1360936
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0Human Resources Development Institute
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1Human Resources Development Institute
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0D
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1J
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02679057
IRS990/TotalAssetsEOYAmt02620746
IRS990/TotalAssetsGrp/BOYAmt02679057
IRS990/TotalAssetsGrp/EOYAmt02620746
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt068515
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0243139
IRS990/TotalFunctionalExpensesGrp/TotalAmt0311654
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01838260
IRS990/TotalLiabilitiesEOYAmt01727066
IRS990/TotalLiabilitiesGrp/BOYAmt01838260
IRS990/TotalLiabilitiesGrp/EOYAmt01727066
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0840797
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0893680
IRS990/TotalOtherCompensationAmt032469
IRS990/TotalProgramServiceExpensesAmt0243139
IRS990/TotalProgramServiceRevenueAmt0364537
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0364537
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0364537
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt06
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02679057
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02620746
IRS990/TotReportableCompRltdOrgAmt0158519
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0840797
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0893680
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0222 South Jefferson Street No 200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.52$2.69$0.83$0.00$0.21$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.29$2.26$1.03$0.01$0.21$0.21
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$1.82$1.24$0.43$0.22$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.83$1.80$1.03$0.36$0.29$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$1.62$0.96$0.36$0.30$0.07
2017Detailed filing. Detailed filing data is available for this year.$2.62$1.73$0.89$0.36$0.31$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$1.84$0.84$0.36$0.31$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.73$1.95$0.78$0.32$0.30$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.24$1.48$0.76$0.28$0.26$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$1.52$0.75$0.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.32$1.61$0.72$0.27
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$2.41$0.77$0.40