Interfaith Housing Development Corporation of Chicago

990 • Fiscal year 2022 • EIN 36-3869736

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 25, 2023

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.

0.26x

Higher debt load relative to assets than 59% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

0.37x

Higher debt load relative to revenue than 62% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

-12%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

$121,168

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

-22%

Faster asset growth than 4% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

-52%

Faster revenue growth than 6% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet

Liabilities / Assets59th percentile

Assets

Down

$10,774,857

Down $3,015,514 (-22%) from 2021

Net Assets

Down

$7,999,416

Down $1,559,273 (-16%) from 2021

Liabilities

Down

$2,775,441

Down $1,456,241 (-34%) from 2021

Revenue And Expenses

Liabilities / Revenue62nd percentile Net Margin15th percentile

Revenue

Down

$7,428,837

Down $7,927,143 (-52%) from 2021

Expenses

Down

$8,351,872

Down $6,460,801 (-44%) from 2021

Net Income

Down

-$923,035

Down $1,466,342 (-270%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

Highlighted filing

2022

Assets$10,774,857

Liabilities$2,775,441

Net Assets$7,999,416

Open 2022 Filing

Operations Trend

Revenue Growth6th percentile

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

Highlighted filing

2022

Revenue$7,428,837

Expenses$8,351,872

Net Income-$923,035

Open 2022 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2022 to Dec 31, 2022
Signed: Oct 25, 2023
Return Version: 2022v5.0
Gross Receipts: $7,428,837

Mission and Program Overview

Mission

Housing placement for homeless

Balance Sheet Detail

Line	Beginning	End	Change
Assets
Accounts Receivable	$543,182	$820,033	▲ $276,851
Cash and Non-Interest-Bearing Accounts	$673,355	$251,677	▼ $421,678
Other Notes and Loans Receivable, Net	$236,254	$236,254	→ $0
Prepaid Expenses and Deferred Charges	$8,284	$7,624	▼ $660
Land, Buildings, and Equipment, Net	$2,058	$1,840	▼ $218
Total Assets	$13,790,371	$10,774,857	▼ $3,015,514
Other Assets Total	$12,327,238	$9,457,429	▼ $2,869,809
Liabilities
Other Liabilities	$1,564,521	$1,805,610	▲ $241,089
Mortgage Notes Payable Secured by Investment Property	$2,406,664	$631,128	▼ $1,775,536
Accounts Payable and Accrued Expenses	$260,497	$338,703	▲ $78,206
Total Liabilities	$4,231,682	$2,775,441	▼ $1,456,241
Net Assets / Fund Balance
Net Assets Without Donor Restrictions	$8,775,766	$7,004,987	▼ $1,770,779
Net Assets With Donor Restrictions	$782,923	$994,429	▲ $211,506
Total Net Assets Fund Balance	$9,558,689	$7,999,416	▼ $1,559,273
Total Liabilities and Net Assets / Fund Balance	$13,790,371	$10,774,857	▼ $3,015,514

Asset Categories

Asset	Book Value	Depreciation	Basis
Other Land Buildings	$0	$32,052	$32,052
Equipment	$0	$30,479	$30,479
Buildings	$1,840	$4,160	$6,000
Other Assets Org	$17,350	-	-

Compensation and Service Providers

Top Officer Pay29th 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: $3,865,224
Program Service Revenue: $3,093,228
Investment Income: $445,885
Other Revenue: $24,500
All Other Contributions: $446
Change in Net Assets: $-923,035

Audited Revenue Reconciliation

Revenue per Audited Statements: $7,428,837
Revenue Not Reported on Financial Statements: $0
Revenue Not Reported on Form 990: $-475,817
Total Revenue per Audited Statements: $6,953,020
Total Revenue per Form 990: $7,428,837

Expenses and Functional Allocation

Major Expense Lines

Line Item	Amount
Other Expenses	$7,820,602
Salaries, Compensation, and Employee Benefits	$531,270
Total Fundraising Expense	$19,765
Grants and Similar Amounts Paid	$0
Professional Fundraising Fees	$0

Functional Expense Allocation

Line Item	Program	Management	Fundraising	Total
Insurance	$303,595	$53,576	-	$357,171
Current Officers, Directors, Trustees, and Key Employees	$203,340	$35,883	-	$239,223
Other Salaries and Wages	$174,944	$30,872	-	$205,816
Interest	$86,121	$15,198	-	$101,319
Other Employee Benefits	$44,039	$7,772	-	$51,811
Fees for Services Accounting	$38,598	$6,812	-	$45,410
Payroll Taxes	$29,257	$5,163	-	$34,420
All Other Expenses	$26,574	$4,689	-	$31,263
Other Expenses	$2,613	$461	$19,765	$22,839
Fees for Services Legal	$2,281	$403	-	$2,684
Office Expenses	$303	$53	-	$356
Travel	$230	$41	-	$271
Depreciation Depletion	$185	$33	-	$218
Total Functional Expenses	$7,313,048	$1,019,059	$19,765	$8,351,872

Audited Expense Reconciliation

Line Item	Amount
Expenses per Audited Statements	$8,351,872
Total Expenses per Audited Statements	$8,351,872
Total Expenses per Form 990	$8,351,872
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	$24,500
Fundraising Direct Expenses	$0
Professional Fundraising Fees	$0

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Ihdc Breakfast	$24,500	$24,500	-	$24,500
Total Events	$24,500	$24,500	-	$24,500

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
West Englewood Lp	Chicago, IL	Rental	$-398,825	$7,899,647	99.99%	Yes
Ruth Shriman House Lp	Chicago, IL	Rental	$-263,424	$3,912,801	100%	Yes
Jeffery Towers LLC	Chicago, IL	Rental	$-83	$2,233,218	0.01%	Yes
Sanctuary Place Lp	Chicago, IL	Rental	$-24	$1,089,112	0.01%	Yes
West Englewood Lp	Chicago, IL	Rental	$-192,953	$600,792	0.01%	Yes
56th Street Limited Partnership	Chicago, IL	Rental	$-246,029	$568,670	0.01%	Yes
Sankofa House Company LLC	Chicago, IL	Rental	$-431,185	$476,720	50%	Yes
Madison and Grove Limited Partnership	Chicago, IL	Rental	$-57	$456,646	0.01%	Yes
Lake Street Studios Lp	Chicago, IL	Rental	$-67	$405,560	0.01%	Yes
5th Avenue Apartments LLC	Chicago, IL	Rental	$-50	$347,386	0.01%	Yes
North Lawndale Lp	Chicago, IL	Rental	$-431,148	$330,223	0.01%	Yes
Washington Park 55th Place Lp	Chicago, IL	Rental	$-342,223	$220,441	0.01%	Yes
Coppin House LLC	Chicago, IL	Rental	$-342,222	$220,440	50%	Yes
5th Avenue Apartments LLC	Chicago, IL	Rental	$-49	$88	-	Yes

Disregarded Entities

Entity	Location	Activity	Income	Assets	Controller
New West Englewood Homes LLC	Chicago, IL	Rental	$-143,331	$3,981,791	-
4036 N Sheridan LLC	Chicago, IL	Rental	$-263,161	$3,666,722	-
Interfaith Management Services LLC	Chicago, IL	Management Services	$432,961	$3,578,211	Ruth Shriman House Lp
Vision House Apartments LLC	Chicago, IL	Rental	$-91,073	$1,345,672	-
Nevada Property LLC	Chicago, IL	Rental	$0	$1,118,750	-
56th Street Development Company LLC	Chicago, IL	Rental	$-246,029	$568,670	-
Ruth Shriman House LLC	Chicago, IL	Rental	$-263	$246,079	-

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	$1,350,087
Line of Credit	$407,622
Accrued Wages	$33,128
Accrued Interest	$11,089
Accrued Payroll Taxes	$3,684

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: 2023-10-25
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 -371,927.”

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Net assets with donor restrictions”

Raw XML AppendixShowing 400 of 1,001 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/InvestmentInJointVentureInd	0	0
IRS990/IRPDocumentCnt	0	0
IRS990/IRPDocumentW2GCnt	0	0
IRS990/LandBldgEquipAccumDeprecAmt	0	66691
IRS990/LandBldgEquipBasisNetGrp/BOYAmt	0	2058
IRS990/LandBldgEquipBasisNetGrp/EOYAmt	0	1840
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	2406664
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt	0	631128
IRS990/NetAssetsOrFundBalancesBOYAmt	0	9558689
IRS990/NetAssetsOrFundBalancesEOYAmt	0	7999416
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt	0	24500
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt	0	24500
IRS990/NetUnrelatedBusTxblIncmAmt	0	0
IRS990/NetUnrlzdGainsLossesInvstAmt	0	-264311
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt	0	8775766
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt	0	7004987
IRS990/NondeductibleContributionsInd	0	0
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt	0	53
IRS990/OfficeExpensesGrp/ProgramServicesAmt	0	303
IRS990/OfficeExpensesGrp/TotalAmt	0	356
IRS990/OfficerMailingAddressInd	0	0
IRS990/OperateHospitalInd	0	0
IRS990/Organization501c3Ind	0	X
IRS990/OrganizationFollowsFASB117Ind	0	X
IRS990/OtherAssetsTotalGrp/BOYAmt	0	12327238
IRS990/OtherAssetsTotalGrp/EOYAmt	0	9457429
IRS990/OtherChangesInNetAssetsAmt	0	-371927
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt	0	7772
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt	0	44039
IRS990/OtherEmployeeBenefitsGrp/TotalAmt	0	51811
IRS990/OtherExpensesGrp/Desc	0	DIRECT PROGRAM EXPENSE
IRS990/OtherExpensesGrp/Desc	1	LOSS ON INVESTMENTS
IRS990/OtherExpensesGrp/Desc	2	RENT EXPENSE
IRS990/OtherExpensesGrp/Desc	3	MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt	0	19765
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	0	851098
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	1	7005
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt	2	461
IRS990/OtherExpensesGrp/ProgramServicesAmt	0	4822890
IRS990/OtherExpensesGrp/ProgramServicesAmt	1	1538381
IRS990/OtherExpensesGrp/ProgramServicesAmt	2	39697
IRS990/OtherExpensesGrp/ProgramServicesAmt	3	2613
IRS990/OtherExpensesGrp/TotalAmt	0	5673988
IRS990/OtherExpensesGrp/TotalAmt	1	1538381
IRS990/OtherExpensesGrp/TotalAmt	2	46702
IRS990/OtherExpensesGrp/TotalAmt	3	22839
IRS990/OtherLiabilitiesGrp/BOYAmt	0	1564521
IRS990/OtherLiabilitiesGrp/EOYAmt	0	1805610
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt	0	30872
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt	0	174944
IRS990/OtherSalariesAndWagesGrp/TotalAmt	0	205816
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt	0	236254
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt	0	236254
IRS990/PartialLiquidationInd	0	0
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt	0	5163
IRS990/PayrollTaxesGrp/ProgramServicesAmt	0	29257
IRS990/PayrollTaxesGrp/TotalAmt	0	34420
IRS990/PoliticalCampaignActyInd	0	0
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt	0	8284
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt	0	7624
IRS990/PrincipalOfficerNm	0	PERRY VIETTI
IRS990/ProfessionalFundraisingInd	0	0
IRS990/ProgramServiceRevenueGrp/Desc	0	PROPERTY REIMBURSEMENT
IRS990/ProgramServiceRevenueGrp/Desc	1	PROPERTY MANAGEMENT FE
IRS990/ProgramServiceRevenueGrp/Desc	2	MISCELLANEOUS INCOME
IRS990/ProgramServiceRevenueGrp/Desc	3	DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc	4	SALARIES REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	0	1771968
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	1	461637
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	2	429717
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	3	211373
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt	4	200085
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	0	1771968
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	1	461637
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	2	429717
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	3	211373
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt	4	200085
IRS990/ProhibitedTaxShelterTransInd	0	0
IRS990/PYBenefitsPaidToMembersAmt	0	0
IRS990/PYContributionsGrantsAmt	0	10906685
IRS990/PYExcessBenefitTransInd	0	0
IRS990/PYGrantsAndSimilarPaidAmt	0	0
IRS990/PYInvestmentIncomeAmt	0	411278
IRS990/PYOtherExpensesAmt	0	14309785
IRS990/PYOtherRevenueAmt	0	24765
IRS990/PYProgramServiceRevenueAmt	0	4013252
IRS990/PYRevenuesLessExpensesAmt	0	543307
IRS990/PYSalariesCompEmpBnftPaidAmt	0	502888
IRS990/PYTotalExpensesAmt	0	14812673
IRS990/PYTotalProfFndrsngExpnsAmt	0	0
IRS990/PYTotalRevenueAmt	0	15355980
IRS990/QuidProQuoContributionsInd	0	0
IRS990/ReconcilationRevenueExpnssAmt	0	-923035
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	3093228
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	6922952
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	14944702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	4880241
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	4846512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	5063663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	36658070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	445885
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	411278
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	397177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	384952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	333426
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	1972718
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.94890
IRS990ScheduleA/PublicSupportPY170Pct	0	0.94810
IRS990ScheduleA/PublicSupportTotal170Amt	0	36658070
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	6922952
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	14944702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	4880241
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	4846512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	5063663
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	36658070
IRS990ScheduleA/TotalSupportAmt	0	38630788
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	1840
IRS990ScheduleD/BuildingsGrp/DepreciationAmt	0	4160
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	8351872
IRS990ScheduleD/NetUnrealizedGainsInvstAmt	0	-264311
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	0	4837715
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	1	8981
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	2	6177342
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	3	616916
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	4	-2869173
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt	5	668298
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	33128
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	1	3684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	2	1350087
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	3	11089
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt	4	407622
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	LINE OF CREDIT
IRS990ScheduleD/OtherRevenueAmt	0	-211506
IRS990ScheduleD/RevenueNotReportedAmt	0	-475817
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt	0	0
IRS990ScheduleD/RevenueSubtotalAmt	0	7428837
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt	0	NET ASSETS WITH DONOR RESTRICTIONS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc	0	PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt	0	1840
IRS990ScheduleD/TotalBookValueOtherAssetsAmt	0	9457429
IRS990ScheduleD/TotalExpensesPerForm990Amt	0	8351872
IRS990ScheduleD/TotalLiabilityAmt	0	1805610
IRS990ScheduleD/TotalRevenuePerForm990Amt	0	7428837
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt	0	6953020
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt	0	8351872
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	IHDC BREAKFAST
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	24500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	24500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	24500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	24500
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	24500
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
IRS990/ScheduleORequiredInd	0	1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DRAFT RETURN IS REVIEWED BY THE ORGANIZATION'S OFFICERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	THE ORGANIZATION IS CONSISTENTLY MONITORED AND ENFORCED IN COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	PERFORMANCE IS REVIEWED AND EVALUATED BY THE DIRECTORS AND COMPARABLE COMPENSATION INFORMATION IS DERIVED FROM INDEPENDENT THIRD PARTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	PROVISION FOR IMPAIRMENT LOSSES -371,927.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990, PART VI, SECTION B, LINE 15

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing

Assets: $10,774,857
Liabilities: $2,775,441
Net assets: $7,999,416
Revenue: $7,428,837
Expenses: $8,351,872
Net income: -$923,035

	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