Civic Intelligence

Ecumenical Housing Development Group

990 • Fiscal year 2016 • EIN 42-1431223

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 09, 2016

PO Box 1673Bettendorf, IA 52722

(563) 441-6555

Siviq Scores

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

Liabilities / Assets

75th percentile

0.39x

Higher debt load relative to assets than 75% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

3.92x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

49th percentile

1.9%

Higher net margin than 49% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

45th percentile

0.1%

Faster asset growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-20%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,396,156

Up $2,756 (+0.1%) from 2015

Net Assets

Up

$2,661,673

Up $8,208 (+0.3%) from 2015

Liabilities

Down

$1,734,483

Down $5,452 (-0.3%) from 2015

Revenue

Down

$442,443

Down $108,032 (-20%) from 2015

Expenses

Up

$434,235

Up $112,520 (+35%) from 2015

Net Income

Down

$8,208

Down $220,552 (-96%) from 2015

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,895,942Liabilities 2012: $225,518Net Assets 2012: $1,670,4242012Assets 2013: $2,174,978Liabilities 2013: $272,847Net Assets 2013: $1,902,1312013Assets 2014: $3,567,669Liabilities 2014: $1,142,964Net Assets 2014: $2,424,7052014Assets 2015: $4,393,400Liabilities 2015: $1,739,935Net Assets 2015: $2,653,4652015Assets 2016: $4,396,156Liabilities 2016: $1,734,483Net Assets 2016: $2,661,6732016Assets 2017: $4,347,011Liabilities 2017: $1,735,006Net Assets 2017: $2,612,0052017Assets 2018: $4,467,321Liabilities 2018: $1,478,850Net Assets 2018: $2,988,4712018Assets 2019: $4,267,128Liabilities 2019: $1,283,173Net Assets 2019: $2,983,9552019Assets 2020: $4,137,484Liabilities 2020: $1,283,963Net Assets 2020: $2,853,5212020Assets 2021: $3,930,473Liabilities 2021: $1,284,143Net Assets 2021: $2,646,3302021Assets 2022: $4,027,720Liabilities 2022: $1,308,069Net Assets 2022: $2,719,6512022Assets 2023: $5,431,744Liabilities 2023: $1,635,205Net Assets 2023: $3,796,5392023Assets 2024: $5,131,685Liabilities 2024: $1,515,940Net Assets 2024: $3,615,7452024

Highlighted filing

2016

Assets$4,396,156
Liabilities$1,734,483
Net Assets$2,661,673

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2012: $456,620Expenses 2012: $184,268Net Income 2012: $272,3522012Revenue 2013: $491,637Expenses 2013: $259,930Net Income 2013: $231,7072013Revenue 2014: $806,404Expenses 2014: $283,830Net Income 2014: $522,5742014Revenue 2015: $550,475Expenses 2015: $321,715Net Income 2015: $228,7602015Revenue 2016: $442,443Expenses 2016: $434,235Net Income 2016: $8,2082016Revenue 2017: $446,448Expenses 2017: $496,116Net Income 2017: -$49,6682017Revenue 2018: $456,754Expenses 2018: $534,276Net Income 2018: -$77,5222018Revenue 2019: $573,821Expenses 2019: $578,337Net Income 2019: -$4,5162019Revenue 2020: $432,739Expenses 2020: $563,173Net Income 2020: -$130,4342020Revenue 2021: $400,338Expenses 2021: $607,529Net Income 2021: -$207,1912021Revenue 2022: $674,686Expenses 2022: $601,365Net Income 2022: $73,3212022Revenue 2023: $1,999,358Expenses 2023: $922,470Net Income 2023: $1,076,8882023Revenue 2024: $539,656Expenses 2024: $720,450Net Income 2024: -$180,7942024

Highlighted filing

2016

Revenue$442,443
Expenses$434,235
Net Income$8,208
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 9, 2016
Return Version
2015v2.1
Gross Receipts
$442,443
Mission and Program Overview

Mission

Provide affordable, low income housing to residents of the quad city area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,832,771$2,928,863▲ $96,092
Other Notes and Loans Receivable, Net$669,684$626,610▼ $43,074
Savings and Temporary Cash Investments$611,606$599,103▼ $12,503
Investments in Publicly Traded Securities$201,092$201,092→ $0
Cash and Non-Interest-Bearing Accounts$39,343$33,471▼ $5,872
Pledges and Grants Receivable$26,846--
Accounts Receivable$8,184$3,870▼ $4,314
Prepaid Expenses and Deferred Charges$1,470$1,344▼ $126
Total Assets$4,393,400$4,396,156▲ $2,756
Other Assets Total$2,404$1,803▼ $601
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,612,599$1,662,080▲ $49,481
Accounts Payable and Accrued Expenses$107,831$54,113▼ $53,718
Other Liabilities$13,171$13,632▲ $461
Unsecured Notes Loans Payable$6,334$4,223▼ $2,111
Deferred Revenue-$435-
Total Liabilities$1,739,935$1,734,483▼ $5,452
Net Assets / Fund Balance
Unrestricted Net Assets$2,653,465$2,661,673▲ $8,208
Total Net Assets Fund Balance$2,653,465$2,661,673▲ $8,208
Total Liabilities and Net Assets / Fund Balance$4,393,400$4,396,156▲ $2,756

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,269,949$726,810$2,996,759
Land$377,803-$377,803
Other Land Buildings$275,708-$275,708
Equipment$5,403$90,745$96,148
Compensation and Service Providers

Board Members and Trustees

NameTitle
James A RichardsonPresident
Ann SchwikerbathBoard Member
Emily HarveyBoard Member
Fred AndersonBoard Member
Jeff KaczinskiBoard Member
Jill DubinBoard Member
Mark EvansBoard Member
Mary Macumber-SchmidtBoard Member
Nancy S MartelBoard Member
Richard PokoraBoard Member
Roger PaveyBoard Member
Stacy Kiser-WilleyBoard Member
Steve CollinsBoard Member
Tom BowmanSecretary
Mark B WerningTreasurer
Catherine Pratscher-WoodsVice Preident
Revenue and Support

Revenue Composition

Contributions and Grants
$3,612
Program Service Revenue
$265,534
Investment Income
$46,346
Other Revenue
$126,951
All Other Contributions
$3,612
Change in Net Assets
$8,208

Audited Revenue Reconciliation

Revenue per Audited Statements
$442,443
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$442,443
Total Revenue per Form 990
$442,443
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$434,235
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$108,713--$108,713
Occupancy$39,424--$39,424
Other Expenses$33,221$63,126-$33,221
Fees for Services Management$24,420--$24,420
Insurance$21,088--$21,088
Interest$16,830--$16,830
Fees for Services Accounting$11,362--$11,362
Office Expenses-$7,208-$7,208
All Other Expenses$5,837--$5,837
Total Functional Expenses$363,901$70,334$0$434,235

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$434,235
Total Expenses per Audited Statements$434,235
Total Expenses per Form 990$434,235
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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$13,019
Accrued Interest$613
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section B, line 11

Form 990, Part VI Line 11B. Organization's process to review form 990. A draft copy is provided to all board members before submission.

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

Board members disclose any potential conflict of interest either through the annual reporting procedure or when the conflict of interst becomes a matter of board action. When a conflict of interest does exist, the board member does not vote on the matter.

Form 990, Part VI, Section C, line 19

Governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Ecumenical Housing Development Group
EIN
42-1431223
Phone
5634416555
Address
PO Box 1673, Bettendorf, IA 52722

Signing Officer

Name
Mark Werning
Title
Treasurer
Phone
5634416555
Signed
2016-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Werning
Formed
1994
Legal Domicile
Ia
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Sitrick & Associates LLC
Address
2543 Tech Drive, Bettendorf, IA 52722
Preparer
James K Blake
Phone
5633328288
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IRS990/OtherExpensesGrp/Desc0Community Service Fees
IRS990/OtherExpensesGrp/Desc1Maintenance
IRS990/OtherExpensesGrp/Desc2Property Taxes
IRS990/OtherExpensesGrp/Desc3Payroll and Related Ben
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt063126
IRS990/OtherExpensesGrp/ProgramServicesAmt062899
IRS990/OtherExpensesGrp/ProgramServicesAmt140107
IRS990/OtherExpensesGrp/ProgramServicesAmt233221
IRS990/OtherExpensesGrp/TotalAmt063126
IRS990/OtherExpensesGrp/TotalAmt162899
IRS990/OtherExpensesGrp/TotalAmt240107
IRS990/OtherExpensesGrp/TotalAmt333221
IRS990/OtherLiabilitiesGrp/BOYAmt013171
IRS990/OtherLiabilitiesGrp/EOYAmt013632
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Amortization of Loan D
IRS990/OtherRevenueMiscGrp/Desc1Other Income
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0124368
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt12583
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0124368
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12583
IRS990/OtherRevenueTotalAmt0126951
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0669684
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0626610
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt026846
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01470
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01344
IRS990/PrincipalOfficerNm0Mark Werning
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0Rents
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0265534
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0265534
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt037586
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt061894
IRS990/PYOtherExpensesAmt0321715
IRS990/PYOtherRevenueAmt0216328
IRS990/PYProgramServiceRevenueAmt0234667
IRS990/PYRevenuesLessExpensesAmt0228760
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0321715
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0550475
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt08208
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0442443
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0611606
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0599103
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt03612
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt037586
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0103662
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04813
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0163763
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046346
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt061894
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt075253
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt097746
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt097502
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0378741
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0438831
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0512889
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0702742
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0233928
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0114381
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02002771
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046346
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt061894
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt075253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt097746
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt097502
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0378741
IRS990ScheduleA/InvestmentIncomeCYPct00.09940
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0126951
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0216328
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0439503
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0243619
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0239924
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01266325
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.56840
IRS990ScheduleA/PublicSupportTotal509Amt02166534
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0442443
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0550475
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0806404
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0248018
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0119194
IRS990ScheduleA/Total509Grp/TotalAmt02166534
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0615740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0828697
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01321160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0589383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0456620
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03811600
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02269949
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0726810
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02996759
IRS990ScheduleD/EquipmentGrp/BookValueAmt05403
IRS990ScheduleD/EquipmentGrp/DepreciationAmt090745
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt096148
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0434235
IRS990ScheduleD/LandGrp/BookValueAmt0377803
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0377803
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0275708
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0275708
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013019
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1613
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued Interest
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0442443
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02928863
IRS990ScheduleD/TotalExpensesPerForm990Amt0434235
IRS990ScheduleD/TotalLiabilityAmt013632
IRS990ScheduleD/TotalRevenuePerForm990Amt0442443
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0442443
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0434235
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990, Part VI Line 11B. Organization's process to review form 990. A draft copy is provided to all board members before submission.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members disclose any potential conflict of interest either through the annual reporting procedure or when the conflict of interst becomes a matter of board action. When a conflict of interest does exist, the board member does not vote on the matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19

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