Interfaith Housing Development Corporation of Chicago

990 • Fiscal year 2021 • EIN 36-3869736

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 11, 2022

Organization Profile WWW.IHDC.ORG

411 S Wells Street Suite 401Chicago, IL 60607

(312) 274-8200

Siviq Scores

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

0.31x

Higher debt load relative to assets than 63% of similar nonprofits.

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

0.28x

Higher debt load relative to revenue than 56% of similar nonprofits.

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

3.5%

Higher net margin than 31% of similar nonprofits.

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

$121,168

Higher top officer pay than 31% of similar nonprofits.

Top officer pay equals 0.8% of source-year revenue.

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

9.1%

Faster asset growth than 48% of similar nonprofits.

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

191%

Faster revenue growth than 94% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets63rd percentile

Assets

$13,790,371

Up $1,147,569 (+9.1%) from 2020

Net Assets

$9,558,689

Up $304,752 (+3.3%) from 2020

Liabilities

$4,231,682

Up $842,817 (+25%) from 2020

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin31st percentile

Revenue

$15,355,980

Up $10,078,562 (+191%) from 2020

Expenses

$14,812,673

Up $10,708,927 (+261%) from 2020

Net Income

Down

$543,307

Down $630,365 (-54%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

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

Highlighted filing

2021

Assets$13,790,371

Liabilities$4,231,682

Net Assets$9,558,689

Open 2021 Filing

Operations Trend

Revenue Growth94th percentile

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

Highlighted filing

2021

Revenue$15,355,980

Expenses$14,812,673

Net Income$543,307

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2021 to Dec 31, 2021
Signed: Nov 11, 2022
Return Version: 2021v4.2
Gross Receipts: $15,355,980

Mission and Program Overview

Mission

Housing placement for homeless

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Cash and Non-Interest-Bearing Accounts	$269,007	$673,355	▲ $404,348
Accounts Receivable	$706,925	$543,182	▼ $163,743
Other Notes and Loans Receivable, Net	$0	$236,254	▲ $236,254
Prepaid Expenses and Deferred Charges	$20,490	$8,284	▼ $12,206
Land, Buildings, and Equipment, Net	$2,276	$2,058	▼ $218
Total Assets	$12,642,802	$13,790,371	▲ $1,147,569
Other Assets Total	$11,644,104	$12,327,238	▲ $683,134
Liabilities
Mortgage Notes Payable Secured by Investment Property	$2,588,443	$2,406,664	▼ $181,779
Other Liabilities	$712,630	$1,564,521	▲ $851,891
Accounts Payable and Accrued Expenses	$87,792	$260,497	▲ $172,705
Total Liabilities	$3,388,865	$4,231,682	▲ $842,817
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$8,274,889	$8,775,766	▲ $500,877
Net Assets With Donor Restrictions	$979,048	$782,923	▼ $196,125
Total Net Assets Fund Balance	$9,253,937	$9,558,689	▲ $304,752
Total Liabilities and Net Assets / Fund Balance	$12,642,802	$13,790,371	▲ $1,147,569

Asset Categories

Asset	Book Value	Depreciation	Basis
Other Land Buildings	$0	$32,052	$32,052
Equipment	$0	$30,479	$30,479
Buildings	$2,058	$3,942	$6,000
Other Assets Org	$17,350	-	-

Compensation and Service Providers

Top Officer Pay31st percentile

Employees

Name	Title	Full / Part Time	Base	Total
Harriette Mimms	Director of Construction a	FT	$121,168	$121,168
Perry Vietti	President	FT	$118,055	$118,055

Board Members and Trustees

Name	Title
Clarence L Smith	Chair President
Barbara Shaw	Director
Elizabeth Lee	Director
Janet L Smith Phd	Director
James Christian	CFP
Calvin Holmes	Secretary
Catherine Galligan	VP/treas

Revenue and Support

Revenue Composition

Contributions and Grants: $10,906,685
Program Service Revenue: $4,013,252
Investment Income: $411,278
Other Revenue: $24,765
All Other Contributions: $7,508,000
Change in Net Assets: $543,307

Noncash Contribution Practices

Property subject to holding requirements: No
Reviewed unusual noncash gifts: No
Third parties used for noncash contributions: No

Noncash Contributions

Contribution Type	Contribution Count	Reported Amount	Valuation Method
Real Estate Other	1	$7,500,000	Comparable Sales
Total Noncash Contributions	1	$7,500,000	-

Audited Revenue Reconciliation

Revenue per Audited Statements: $15,355,980
Revenue Not Reported on Financial Statements: $0
Revenue Not Reported on Form 990: $300,610
Total Revenue per Audited Statements: $15,656,590
Total Revenue per Form 990: $15,355,980

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$14,309,785
Salaries, Compensation, and Employee Benefits	$502,888
Total Fundraising Expense	$34,866
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Current Officers, Directors, Trustees, and Key Employees	$203,340	$35,883	-	$239,223
Insurance	$170,563	$30,099	-	$200,662
Other Salaries and Wages	$146,781	$25,902	-	$172,683
Interest	$95,312	$16,820	-	$112,132
Other Expenses	$40,472	$7,140	$34,866	$82,478
All Other Expenses	$64,373	$11,361	-	$75,734
Other Employee Benefits	$50,254	$8,868	-	$59,122
Fees for Services Accounting	$36,584	$6,456	-	$43,040
Fees for Services Legal	$27,585	$4,868	-	$32,453
Payroll Taxes	$27,081	$4,779	-	$31,860
Office Expenses	$824	$146	-	$970
Travel	$689	$122	-	$811
Depreciation Depletion	$185	$33	-	$218
Total Functional Expenses	$14,240,212	$537,595	$34,866	$14,812,673

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$14,812,673
Total Expenses per Audited Statements	$14,812,673
Total Expenses per Form 990	$14,812,673
Expenses Not Reported on Financial Statements	$0
Expenses Not Reported on Form 990	$0

Fundraising, Events, and Gaming

Fundraising activities: Yes
Gaming activities: No
Professional fundraiser used: No

Fundraising and Gaming Totals

Line Item	Amount
Fundraising Gross Income	$24,765
Fundraising Direct Expenses	$0
Professional Fundraising Fees	$0

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Ihdc Breakfast	$24,765	$24,765	-	$24,765
Total Events	$24,765	$24,765	-	$24,765

Political and Lobbying Activity

Political campaign activity: No
Lobbying activity: No
Subject to proxy tax: No

Related Organizations and Partnerships

Related Tax-Exempt Organizations

Organization	Location	Activity	Code	Public Charity	Controlled
Independence House LLC	Chicago, IL	Rental	501(c)(3)	Line 8	No

Related Partnerships and Joint Ventures

Organization	Location	Activity	Income	Assets	Ownership	Managing Partner
5th Avenue Apartments LLC	Chicago, IL	Rental	$-45	$8,308,441	0.01%	Yes
Sankofa House Company LLC	Chicago, IL	Rental	$-350,435	$4,053,764	50%	Yes
56th Street Limited Partnership	Chicago, IL	Rental	$-569,397	$2,174,316	0.01%	Yes
North Lawndale Lp	Chicago, IL	Rental	$-350,436	$1,063,098	0.01%	Yes
Lake Street Studios Lp	Chicago, IL	Rental	$-72	$952,881	0.01%	Yes
Madison and Grove Limited Partnership	Chicago, IL	Rental	$-60	$753,344	0.01%	Yes
Coppin House LLC	Chicago, IL	Rental	$-282,791	$725,635	50%	Yes
Sanctuary Place Lp	Chicago, IL	Rental	$-20	$658,025	0.01%	Yes
Washington Park 55th Place Lp	Chicago, IL	Rental	$-282,791	$642,187	0.01%	Yes
Ruth Shriman House Lp	Chicago, IL	Rental	$-174,233	$494,263	100%	Yes
West Englewood Lp	Chicago, IL	Rental	$-54	$448,202	0.01%	Yes
Jeffery Towers LLC	Chicago, IL	Rental	$-81	$338,655	0.01%	Yes
West Englewood Lp	Chicago, IL	Rental	$-538,004	$685	99.99%	Yes
5th Avenue Apartments LLC	Chicago, IL	Rental	$-45	-	-	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
New West Englewood Homes LLC	Chicago, IL	Rental	$-200,967	$4,154,618	-
4036 N Sheridan LLC	Chicago, IL	Rental	$-174,059	$3,899,916	-
Interfaith Management Services LLC	Chicago, IL	Management Services	$643,236	$2,916,437	Ruth Shriman House Lp
Vision House Apartments LLC	Chicago, IL	Rental	$-4,044	$1,409,746	-
Nevada Property LLC	Chicago, IL	Rental	$0	$1,118,750	-
56th Street Development Company LLC	Chicago, IL	Rental	$-569,397	$753,344	-
Ruth Shriman House LLC	Chicago, IL	Rental	$-174	$153,848	-

Transactions with Related Organizations

Organization	Type	Method	Amount
Coppin House LLC	D	Cash	$4,064,395
Lake Street Studios Lp	D	Cash	$1,983,816
Jeffrey Towers LLC	D	Cash	$1,500,000
Jeffrey Towers LLC	L	Cash	$1,430,646
North Lawndale Lp	L	Cash	$1,337,377
56th Street Limited Partnership	L	Cash	$1,120,445
Washington Park 55th Place Lp	L	Cash	$1,104,758
Sankofa House Company LLC	D	Cash	$1,002,688
5th Avenue Apartments LLC	L	Cash	$937,196
Sanctuary Place Lp	P	Cash	$727,624
Oak Park Supportive Housing LLC	D	Cash	$652,372
56th Street Limited Partnership	D	Cash	$551,669
CLARA'S VILLAGE COMPANY LLC	D	Cash	$546,000
West Englewood Lp	L	Cash	$485,584
Independence House LLC	P	Cash	$377,441
Vision House Inc	P	Cash	$272,678
Madison and Grove Limited Partnership	L	Cash	$269,389
New West Englewood Homes LLC	P	Cash	$247,000
5th Avenue Apartments LLC	D	Cash	$236,254
56th Street Limited Partnership	P	Cash	$230,688
Lake Street Studios Lp	A	Cash	$155,294
Coppin House LLC	A	Cash	$104,648
Lake Street Studios Lp	L	Cash	$88,120
CLARA'S VILLAGE COMPANY LLC	A	Cash	$52,326
Sankofa House Company LLC	A	Cash	$34,555
Jeffrey Towers LLC	A	Cash	$25,814
56th Street Limited Partnership	A	Cash	$11,094

Debt and Bond Financing

Other Reported Liabilities

Liability	Amount
Due to Related Parties	$970,002
Line of Credit	$448,895
Sba Ppp Loan	$77,587
Accrued Wages	$37,319
Accrued Interest	$25,563
Accrued Payroll Taxes	$5,155

Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant: No
Annual disclosure for covered persons: Yes
Audit committee: No
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: Yes
CEO compensation reviewed: Yes
Other officer compensation reviewed: Yes
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

“Draft return is reviewed by the organization's officers prior to filing.”

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

“The organization is consistently monitored and enforced in compliance with the written conflict of interest policy.”

Form 990, Part VI, Section B, Line 15

“Performance is reviewed and evaluated by the directors and comparable compensation information is derived from independent third parties.”

Form 990, Part VI, Section C, Line 19

“All information is available upon request at the organization's office during normal business hours.”

Filing and Contact Details

Filer

Filer Name: Interfaith Housing Development
EIN: 36-3869736
Phone: 3122748200
Address: 411 S WELLS STREET SUITE 401, CHICAGO, IL 60607

Signing Officer

Name: Perry Vietti
Title: President
Phone: 3122748200
Signed: 2022-11-11
Discuss with paid preparer: Yes

Organization Details

Principal Officer: Perry Vietti
Formed: 1992
Legal Domicile: Il
Voting Board Members: 9
Independent Board Members: 9
Employees: 4
Volunteers: 0

Preparer

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

Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Provision for impairment losses -343,040.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Net assets with donor restrictions”

Raw XML AppendixShowing 400 of 1,008 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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IRS990/InterestGrp/ProgramServicesAmt	0	95312
IRS990/InterestGrp/TotalAmt	0	112132
IRS990/InvestmentIncomeGrp/ExclusionAmt	0	411278
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt	0	411278
IRS990/InvestmentInJointVentureInd	0	0
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	66473
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	2276
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	2058
IRS990/LandBldgEquipCostOrOtherBssAmt	0	68531
IRS990/LegalDomicileStateCd	0	IL
IRS990/LoanOutstandingInd	0	0
IRS990/LobbyingActivitiesInd	0	0
IRS990/LocalChaptersInd	0	0
IRS990/MaterialDiversionOrMisuseInd	0	0
IRS990/MembersOrStockholdersInd	0	0
IRS990/MethodOfAccountingAccrualInd	0	X
IRS990/MinutesOfCommitteesInd	0	1
IRS990/MinutesOfGoverningBodyInd	0	1
IRS990/MissionDesc	0	HOUSING PLACEMENT FOR HOMELESS
IRS990/MoreThan5000KToIndividualsInd	0	0
IRS990/MoreThan5000KToOrgInd	0	0
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt	0	2588443
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	2406664
IRS990/NetAssetsOrFundBalancesBOYAmt	0	9253937
IRS990/NetAssetsOrFundBalancesEOYAmt	0	9558689
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt	0	24765
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	24765
IRS990/NetUnrelatedBusTxblIncmAmt	0	0
IRS990/NetUnrlzdGainsLossesInvstAmt	0	104485
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt	0	8274889
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt	0	8775766
IRS990/NoncashContributionsAmt	0	7500000
IRS990/NondeductibleContributionsInd	0	0
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt	0	146
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	824
IRS990/OfficeExpensesGrp/TotalAmt	0	970
IRS990/OfficerMailingAddressInd	0	0
IRS990/OperateHospitalInd	0	0
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsFASB117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	11644104
IRS990/OtherAssetsTotalGrp/EOYAmt	0	12327238
IRS990/OtherChangesInNetAssetsAmt	0	-343040
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt	0	8868
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	50254
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	59122
IRS990/OtherExpensesGrp/Desc	0	BAD DEBT
IRS990/OtherExpensesGrp/Desc	1	DIRECT PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc	2	LOSS ON INVESTMENTS
IRS990/OtherExpensesGrp/Desc	3	MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt	0	34866
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	0	385118
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	1	7140
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	7000000
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	4830192
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	1545977
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	40472
IRS990/OtherExpensesGrp/TotalAmt	0	7000000
IRS990/OtherExpensesGrp/TotalAmt	1	5215310
IRS990/OtherExpensesGrp/TotalAmt	2	1545977
IRS990/OtherExpensesGrp/TotalAmt	3	82478
IRS990/OtherLiabilitiesGrp/BOYAmt	0	712630
IRS990/OtherLiabilitiesGrp/EOYAmt	0	1564521
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt	0	25902
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	146781
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	172683
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt	0	0
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	236254
IRS990/PartialLiquidationInd	0	0
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt	0	4779
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	27081
IRS990/PayrollTaxesGrp/TotalAmt	0	31860
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	20490
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	8284
IRS990/PrincipalOfficerNm	0	PERRY VIETTI
IRS990/ProfessionalFundraisingInd	0	0
IRS990/ProgramServiceRevenueGrp/Desc	0	PROPERTY REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc	1	DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc	2	PROPERTY MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc	3	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc	4	COMED GRANT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	1580725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	1237196
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	456931
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	3	280475
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	4	236254
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	1580725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	1237196
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	456931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	3	280475
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	4	236254
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	3514856
IRS990/PYExcessBenefitTransInd	0	0
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	397177
IRS990/PYOtherExpensesAmt	0	3614372
IRS990/PYOtherRevenueAmt	0	19000
IRS990/PYProgramServiceRevenueAmt	0	1346385
IRS990/PYRevenuesLessExpensesAmt	0	1173672
IRS990/PYSalariesCompEmpBnftPaidAmt	0	489374
IRS990/PYTotalExpensesAmt	0	4103746
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	5277418
IRS990/QuidProQuoContributionsInd	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	543307
IRS990/RegularMonitoringEnfrcInd	0	1
IRS990/RelatedEntityInd	0	1
IRS990/RelatedOrganizationCtrlEntInd	0	0
IRS990/ReportInvestmentsOtherSecInd	0	0
IRS990/ReportLandBuildingEquipmentInd	0	1
IRS990/ReportOtherAssetsInd	0	1
IRS990/ReportOtherLiabilitiesInd	0	1
IRS990/ReportProgramRelatedInvstInd	0	0
IRS990/RevenueAmt	0	4013252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	14944702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	4880241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	4846512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	5063663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	4043792
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	33778910
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	411278
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	397177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	384952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	333426
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	323983
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	1850816
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.94810
IRS990ScheduleA/PublicSupportPY170Pct	0	0.93350
IRS990ScheduleA/PublicSupportTotal170Amt	0	33778910
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	14944702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	4880241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	4846512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	5063663
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	4043792
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	33778910
IRS990ScheduleA/TotalSupportAmt	0	35629726
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt	0	RESTRICTED
IRS990/ScheduleBRequiredInd	0	1
IRS990ScheduleD/BuildingsGrp/BookValueAmt	0	2058
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	3942
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt	0	6000
IRS990ScheduleD/EquipmentGrp/BookValueAmt	0	0
IRS990ScheduleD/EquipmentGrp/DepreciationAmt	0	30479
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt	0	30479
IRS990ScheduleD/ExpensesNotReportedAmt	0	0
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt	0	0
IRS990ScheduleD/ExpensesSubtotalAmt	0	14812673
IRS990ScheduleD/NetUnrealizedGainsInvstAmt	0	104485
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	4032526
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	8981
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	6773516
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	1849004
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	4	-1330792
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	5	976653
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	6	17350
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	0	DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	1	SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	2	DEVELOPER FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	3	PREDEVELOPMENT COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	4	PROJECT INVESTMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	5	RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc	6	OTHER RECEIVABLES
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt	0	0
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt	0	32052
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt	0	32052
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	0	37319
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	5155
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	970002
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	25563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	4	77587
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	5	448895
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	0	ACCRUED WAGES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	1	ACCRUED PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	2	DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	3	ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	4	SBA PPP LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc	5	LINE OF CREDIT
IRS990ScheduleD/OtherRevenueAmt	0	196125
IRS990ScheduleD/RevenueNotReportedAmt	0	300610
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt	0	0
IRS990ScheduleD/RevenueSubtotalAmt	0	15355980
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	NET ASSETS WITH DONOR RESTRICTIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	2058
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	12327238
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	14812673
IRS990ScheduleD/TotalLiabilityAmt	0	1564521
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	15355980
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	15656590
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	14812673
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	IHDC BREAKFAST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	24765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	24765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	24765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	24765
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	24765
IRS990ScheduleJ/AnyNonFixedPaymentsInd	0	0
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd	0	0
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd	0	0
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd	0	0
IRS990ScheduleJ/EquityBasedCompArrngmInd	0	0
IRS990ScheduleJ/InitialContractExceptionInd	0	0
IRS990/ScheduleJRequiredInd	0	1
IRS990ScheduleJ/SeverancePaymentInd	0	0
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd	0	0
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd	0	0
IRS990ScheduleM/RealEstateOtherGrp/ContributionCnt	0	1
IRS990ScheduleM/RealEstateOtherGrp/MethodOfDeterminingRevenuesTxt	0	COMPARABLE SALES
IRS990ScheduleM/RealEstateOtherGrp/NonCashCheckboxInd	0	X
IRS990ScheduleM/RealEstateOtherGrp/NoncashContributionsRptF990Amt	0	7500000
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd	0	0
IRS990ScheduleM/ThirdPartiesUsedInd	0	0

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $13,790,371
Liabilities: $4,231,682
Net assets: $9,558,689
Revenue: $15,355,980
Expenses: $14,812,673
Net income: $543,307

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.10	$3.01	$0.90	$9.17	$10.5	$1.29
2023Detailed filing. Detailed filing data is available for this year.	$3.40	$2.60	$0.80	$7.51	$14.2	$6.66
2022Detailed filing. Detailed filing data is available for this year.	$10.8	$2.78	$8.00	$7.43	$8.35	$0.92
2021Detailed filing. Detailed filing data is available for this year.	$13.8	$4.23	$9.56	$15.4	$14.8	$0.54
2020Detailed filing. Detailed filing data is available for this year.	$12.6	$3.39	$9.25	$5.28	$4.10	$1.17
2019Detailed filing. Detailed filing data is available for this year.	$13.0	$3.73	$9.24	$5.23	$4.89	$0.35
2018Detailed filing. Detailed filing data is available for this year.	$13.8	$3.93	$9.85	$5.40	$4.43	$0.96
2017Detailed filing. Detailed filing data is available for this year.	$13.3	$3.57	$9.71	$4.37	$4.74	$0.37