Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
EIN 45-1480958 • 501(c)3 • Toledo, OH
Profile
Toledo housing corporation was formed to provide affordable housing to elderly and low income families in the toledo, ohio, area.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
15th percentile
Higher top officer pay than 15% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
27th percentile
Faster asset growth than 27% of similar nonprofits.
Revenue Growth
88th percentile
Faster revenue growth than 88% of similar nonprofits.
Assets
Down$14,948,587
Down $258,084 (-1.7%) from 2023
Liabilities
Down$5,384,032
Down $54,264 (-1.0%) from 2023
Net Assets
Down$9,564,555
Down $203,820 (-2.1%) from 2023
Revenue
Up$138,728
Up $55,694 (+67%) from 2023
Expenses
Up$342,451
Up $322,719 (+1636%) from 2023
Net Income
Down-$203,723
Down $267,025 (-422%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Toledo housing corporation was formed to provide affordable housing to elderly and low income families in the toledo, ohio, area.
Toledo housing corporation was formed is to provide affordable housing to elderly and low-income families in the toledo, ohio, area.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Other Securities | $11,738,989 | $11,738,989 | → $0 |
| Rtn Earn Endowment Incm Other Fnds | $9,768,375 | $9,564,555 | ▼ $203,820 |
| Cash and Non-Interest-Bearing Accounts | $2,258,467 | $1,909,872 | ▼ $348,595 |
| Accounts Receivable | $184,775 | $184,775 | → $0 |
| Land, Buildings, and Equipment, Net | $96,023 | $93,712 | ▼ $2,311 |
| Prepaid Expenses and Deferred Charges | $3,780 | $3,780 | → $0 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $15,206,671 | $14,948,587 | ▼ $258,084 |
| Other Assets Total | $924,637 | $1,017,459 | ▲ $92,822 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $3,800,000 | $3,800,000 | → $0 |
| Accounts Payable and Accrued Expenses | $1,585,479 | $1,531,215 | ▼ $54,264 |
| Other Liabilities | $52,596 | $52,596 | → $0 |
| Deferred Revenue | $221 | $221 | → $0 |
| Total Liabilities | $5,438,296 | $5,384,032 | ▼ $54,264 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $9,768,375 | $9,564,555 | ▼ $203,820 |
| Total Liabilities and Net Assets / Fund Balance | $15,206,671 | $14,948,587 | ▼ $258,084 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $83,187 | $9,243 | $92,430 |
| Land | $10,525 | - | $10,525 |
| Other Assets Org | $1,017,459 | - | - |
| Other Securities | $6,199,000 | - | - |
| Name | Title |
|---|---|
| Douglas Wilkins | President |
| MICHAEL O'NEILL | Vice President |
| Stacey Fineberg | Secretary |
| Line Item | Amount |
|---|---|
| Other Expenses | $342,451 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | $261,408 | - | - | $261,408 |
| Fees for Services Accounting | - | $11,472 | - | $11,472 |
| Depreciation Depletion | $2,311 | - | - | $2,311 |
| Other Expenses | $2,260 | - | - | $2,260 |
| Office Expenses | - | $812 | - | $812 |
| Information Technology | $194 | - | - | $194 |
| Fees for Services Legal | - | $183 | - | $183 |
| Total Functional Expenses | $329,984 | $12,467 | $0 | $342,451 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Advances | $47,142 |
| Accrued Property Taxes | $3,606 |
| Tenant Security Deposits | $1,550 |
| Accrued Wages Payable | $271 |
| Accrued Payroll Taxes Payable | $27 |
“Douglas wilkins, president is the father of stacey fineberg, secretary”
“The president of the board reviews and circulates the draft form 990 to all board members for review and comment before finalizing.”
“Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a) has received a copy of the conflicts of interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, and d) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”
“The form 990 and all related financial and policy information are made available to the public upon written request.”
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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|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1585479 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1531215 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 184775 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 184775 |
| IRS990/AcctCompileOrReviewBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TOLEDO HOUSING CORPORATION WAS FORMED IS TO PROVIDE AFFORDABLE HOUSING TO ELDERLY AND LOW-INCOME FAMILIES IN THE TOLEDO, OHIO, AREA. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
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| IRS990/BooksInCareOfDetail/PersonNm | 0 | DOUGLAS WILKINS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4192463777 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | PO BOX 4550 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TOLEDO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 43610 |
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| IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 2258467 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1909872 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
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| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 62784 |
| IRS990/CYOtherExpensesAmt | 0 | 342451 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 75944 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -203723 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 342451 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 138728 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 221 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 221 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 2311 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 2311 |
| IRS990/Desc | 0 | TOLEDO HOUSING CORPORATION WAS FORMED TO PROVIDE AFFORDABLE HOUSING TO ELDERLY AND LOW INCOME FAMILIES IN THE TOLEDO, OHIO AREA. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 329984 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11472 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 11472 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 183 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 183 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DOUGLAS WILKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MICHAEL O'NEILL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | STACEY FINEBERG |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2011 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 138728 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 194 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 194 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 261408 |
| IRS990/InterestGrp/TotalAmt | 0 | 261408 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 62784 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 62784 |
| IRS990/InvestmentInJointVentureInd | 0 | 1 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 11738989 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 11738989 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9243 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 96023 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 93712 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 102955 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| 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 | TOLEDO HOUSING CORPORATION WAS FORMED TO PROVIDE AFFORDABLE HOUSING TO ELDERLY AND LOW INCOME FAMILIES IN THE TOLEDO, OH AREA. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 3800000 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 3800000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 9768375 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 9564555 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 812 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 812 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrgDoesNotFollowFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 924637 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 1017459 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/Desc | 0 | CONTRACTS - GENERAL |
| IRS990/OtherExpensesGrp/Desc | 1 | CONTRACTS & SUPPLIES |
| IRS990/OtherExpensesGrp/Desc | 2 | REAL ESTATE TAXES |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 58736 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5075 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2260 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 58736 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5075 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2260 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 52596 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 52596 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt | 0 | 0 |
| IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 3780 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 3780 |
| IRS990/PrincipalOfficerNm | 0 | DOUGLAS A WILKINS |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | -97 |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 531110 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | INCENTIVE PERFORMANCE |
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| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 75944 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 19732 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 83034 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 63302 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 19732 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 83034 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -203723 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 75944 |
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| IRS990ScheduleA/FactsAndCircumstancesTestTxt | 0 | THE TOLEDO HOUSING CORPORATION (THC) WAS FOUNDED IN 2011 TO PROVIDE AFFORDABLE HOUSING TO ELDERLY AND LOW-INCOME INDIVIDUALS.THE ORGANIZATION HAS BEEN UNDERGOING CHANGES AND OVER THE PAST 2 YEARS. IN 2021 THC TOOK OWNERSHIP OF TURNER PROPERTIES, AN 8-UNIT PROJECT BASED SECTION 8 PROPERTY. IN DECEMBER OF 2023, THC PURCHASED THE LIMITED PARTNERSHIP INTEREST IN VISTULA HERITAGE VILLAGE II, A 165-UNIT SCATTERED SITE LOW-INCOME HOUSING TAX CREDIT PROJECT IN NORTH TOLEDO. THC IS CONTINUING TO EXPAND ITS FOOTPRINT IN THE AFFORDABLE HOUSING MARKET WITH PLANS TO ACQUIRE THE GENERAL PARTNERSHIP INTEREST IN TWO ADDITIONAL SECTION 8 PROPERTIES EARLY IN 2025. THC IS CURRENTLY PURSUING A 4% BOND LIHTC DEVELOPMENT TRANSACTION INVOLVING THE SUBSTANTIAL REHAB OF 191-UNITS, 36 SCATTERED SITE PROJECTS IN AND AROUND TOLEDO'S DOWNTOWN. THE PROPOSED TRANSACTION INVOLVES THREE EXISTING, FEDERALLY ASSISTED PROJECTS; VISTULA HERITAGE VILLAGE (165 UNITS; SOUTH TOLEDO HOMES (18 UNITS); AND TURNER PROPERTIES (8 UNITS). THC WILL BE THE LEAD DEVELOPER ON THIS RENOVATION PROJECT. FEDERAL HISTORIC TAX CREDITS DOLLARS HAVE BEEN APPROVED AND ARE PART OF THE PROPOSED TRANSACTION. ADDITIONALLY, THC IS PURSUING POSSIBLE ENERGY GRANTS AT THE FEDERAL, STATE AND LOCAL LEVELS. TO DATE, THC HAS FUNDED THE UPFRONT COSTS ASSOCIATED WITH PUTTING THIS APPLICATION TOGETHER. THE MAJORITY OF THESE DOLLARS WILL BE RETURNED TO THC WHEN THE DEAL CLOSES. THE PROPOSED EXTENSIVE RENOVATIONS OF THESE AFFORDABLE HOUSING UNITS WILL ASSURE THAT THE RESIDENTS CONTINUE TO HAVE SAFE, AFFORDABLE HOUSING FOR THE FORESEEABLE FUTURE. WE HAVE 3 BOARD MEMBERS. THEY REPRESENT BUSINESS, LEGAL AND REAL ESTATE. PUTTING THIS LIHTC BOND APPLICATION TOGETHER HAS TAKEN SIGNIFICANT TIME AND LEADERSHIP FOCUS FROM OUR ALL-VOLUNTEER BOARD. AS WE REFOCUS ON OUR ORIGINAL MISSION, WE ARE BROADENING OUR SOURCES OF SUPPORT INCLUDING BOARD CONTRIBUTIONS, COMMUNITY/FOUNDATION DONATIONS, AND OTHER GRANTS. |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 58183 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 158637 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 216820 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 62784 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 172535 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 165211 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 170441 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 570971 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 246884 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.27520 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.24140 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 216820 |
| IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 58183 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 158637 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 216820 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 787791 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 83187 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 9243 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 92430 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 10525 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 10525 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 1017459 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OTHER ASSETS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 47142 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 271 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 27 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 3606 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 1550 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | ADVANCES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | ACCRUED WAGES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | ACCRUED PAYROLL TAXES PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | ACCRUED PROPERTY TAXES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | TENANT SECURITY DEPOSITS |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 0 | 4730452 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 1 | 1009537 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 2 | -200000 |
| IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt | 3 | 6199000 |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | INVESTMENT IN THC-NHV, LLC |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | OTHER RESERVES |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 2 | RESERVE REPLACEMENT FUND |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 3 | MORTGAGE RECEIVABLE |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 0 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 1 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 93712 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 1017459 |
| IRS990ScheduleD/TotalBookValueSecuritiesAmt | 0 | 11738989 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 52596 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DOUGLAS WILKINS, PRESIDENT IS THE FATHER OF STACEY FINEBERG, SECRETARY |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE PRESIDENT OF THE BOARD REVIEWS AND CIRCULATES THE DRAFT FORM 990 TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE FINALIZING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C) HAS AGREED TO COMPLY WITH THE POLICY, AND D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE FORM 990 AND ALL RELATED FINANCIAL AND POLICY INFORMATION ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
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| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 300846788 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | OH |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | LOW INCOME HOUSING - RENTAL REAL ESTATE INVESTMENT |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | INVESTMENT IN THC-NHV LLC |
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| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt | 0 | -618 |
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| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
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| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
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| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
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| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 14948587 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 329984 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 342451 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 5384032 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 9564555 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
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| IRS990/TotalProgramServiceRevenueAmt | 0 | 75944 |
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| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 62784 |
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| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 138728 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 14948587 |
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| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | TOLEDO |
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| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| IRS990/WrittenPolicyOrProcedureInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DOUGLAS A WILKINS |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | KATHIE CROWLEY |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-06-26 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TOLE |
| ReturnHeader/Filer/EIN | 0 | 451480958 |
| ReturnHeader/Filer/PhoneNum | 0 | 4192463777 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 4550 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TOLEDO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 436100550 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
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| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CLIFTONLARSONALLEN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1785 INDIAN WOOD CIRCLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | MAUMEE |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 43537 |
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| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-06-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JESSICA RITTER CPA |
| ReturnHeader/ReturnTs | 0 | 2025-06-26T15:58:44-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
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