Civic Intelligence

Acts Lending Inc.

990 • Fiscal year 2022 • EIN 46-2986750

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 10, 2023

2414 W Vliet StreetMilwaukee, WI 53205

(414) 933-2215

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.55x

Higher debt load relative to assets than 82% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

96th percentile

7.15x

Higher debt load relative to revenue than 96% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

87th percentile

44%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

79th percentile

$214,331

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 36.7% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

92nd percentile

67%

Faster asset growth than 92% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

21st percentile

-17%

Faster revenue growth than 21% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$7,584,619

Up $3,034,087 (+67%) from 2021

Net Assets

Up

$3,410,181

Up $258,777 (+8.2%) from 2021

Liabilities

Up

$4,174,438

Up $2,775,310 (+198%) from 2021

Revenue

Down

$584,182

Down $117,824 (-17%) from 2021

Expenses

Up

$325,405

Up $67,602 (+26%) from 2021

Net Income

Down

$258,777

Down $185,426 (-42%) from 2021

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2013: $97,212Liabilities 2013: $02013Assets 2014: $303,057Liabilities 2014: $8,784Net Assets 2014: $294,2732014Assets 2015: $560,267Liabilities 2015: $180,857Net Assets 2015: $379,4102015Assets 2016: $709,263Liabilities 2016: $309,715Net Assets 2016: $399,5482016Assets 2017: $1,065,107Liabilities 2017: $299,500Net Assets 2017: $765,6072017Assets 2018: $1,198,480Liabilities 2018: $173,317Net Assets 2018: $1,025,1632018Assets 2019: $1,738,244Liabilities 2019: $400,094Net Assets 2019: $1,338,1502019Assets 2020: $2,948,037Liabilities 2020: $240,836Net Assets 2020: $2,707,2012020Assets 2021: $4,550,532Liabilities 2021: $1,399,128Net Assets 2021: $3,151,4042021Assets 2022: $7,584,619Liabilities 2022: $4,174,438Net Assets 2022: $3,410,1812022Assets 2023: $9,092,830Liabilities 2023: $4,586,983Net Assets 2023: $4,505,8472023Assets 2024: $19,546,993Liabilities 2024: $6,014,524Net Assets 2024: $13,532,4692024

Highlighted filing

2022

Assets$7,584,619
Liabilities$4,174,438
Net Assets$3,410,181

Operations Trend

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

$10M$5.0M$0Revenue 2013: $97,288Expenses 2013: $76Net Income 2013: $97,2122013Revenue 2014: $214,346Expenses 2014: $17,285Net Income 2014: $197,0612014Revenue 2015: $137,728Expenses 2015: $52,591Net Income 2015: $85,1372015Revenue 2016: $76,611Expenses 2016: $56,473Net Income 2016: $20,1382016Revenue 2017: $454,933Expenses 2017: $88,874Net Income 2017: $366,0592017Revenue 2018: $371,412Expenses 2018: $111,856Net Income 2018: $259,5562018Revenue 2019: $488,418Expenses 2019: $175,431Net Income 2019: $312,9872019Revenue 2020: $1,587,529Expenses 2020: $218,478Net Income 2020: $1,369,0512020Revenue 2021: $702,006Expenses 2021: $257,803Net Income 2021: $444,2032021Revenue 2022: $584,182Expenses 2022: $325,405Net Income 2022: $258,7772022Revenue 2023: $1,531,192Expenses 2023: $505,922Net Income 2023: $1,025,2702023Revenue 2024: $9,717,402Expenses 2024: $690,780Net Income 2024: $9,026,6222024

Highlighted filing

2022

Revenue$584,182
Expenses$325,405
Net Income$258,777
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$584,182
Mission and Program Overview

Mission

ACTS Lending, Inc. provides mortgage capital to assist families primarily with financing for the repairs needed to reclaim vacant, distressed, homes in Milwaukee and Beloit's neighborhoods.

Acts lending's mission is empowerment through homeownership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,277,513$5,136,354▲ $858,841
Cash and Non-Interest-Bearing Accounts$205,394$1,391,267▲ $1,185,873
Savings and Temporary Cash Investments$3,837$1,018,022▲ $1,014,185
Accounts Receivable$63,788$38,976▼ $24,812
Total Assets$4,550,532$7,584,619▲ $3,034,087
Liabilities
Unsecured Notes Loans Payable$1,364,464$4,107,888▲ $2,743,424
Other Liabilities$0$64,642▲ $64,642
Escrow Account Liability$30,994$1,500▼ $29,494
Accounts Payable and Accrued Expenses$3,670$408▼ $3,262
Total Liabilities$1,399,128$4,174,438▲ $2,775,310
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,141,404$3,400,181▲ $258,777
Net Assets With Donor Restrictions$10,000$10,000→ $0
Total Net Assets Fund Balance$3,151,404$3,410,181▲ $258,777
Total Liabilities and Net Assets / Fund Balance$4,550,532$7,584,619▲ $3,034,087
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Kelly AndrewVP Strategic PartnershipsPT$140,493$140,493

Board Members and Trustees

NameTitle
Joe SchlidtChair
Michael GosmanPresident & CEO
Anthony MchenryDirector
Marc PerryDirector
Oscar TovarDirector
Dorothy YorkChief Operating Officer
Anthony FrandaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$351,612
Program Service Revenue
$231,975
Investment Income
$0
Other Revenue
$595
All Other Contributions
$351,612
Change in Net Assets
$258,777
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$181,345
Other Expenses$144,060
Total Fundraising Expense$18,135
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$145,075$18,135$18,135$181,345
Interest$17,690--$17,690
Fees for Services Other$9,000--$9,000
Other Expenses$21,169$1,972-$1,972
Office Expenses-$1,200-$1,200
All Other Expenses-$306-$306
Total Functional Expenses$282,057$25,213$18,135$325,405
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
Due to Acts Housing$64,642
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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 A, Line 8B

Line 8b explanation - there are no committees that have authority to act on behalf of the governing body.

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

Line 11b explanation - the entire board is provided the 990 (excluding schedule b) for review prior to filing, the executive committee reviews the full 990 (including schedule b) and discusses any necessary items with the full board

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

Board members are required to disclose potential conflicts of interest. Other members of the board or committee determine if a conflict exists. When this occurs the board member with a conflict of interest is asked to leave during the discussion and vote.

Form 990, Part VI, Section B, Line 15

Acts lending does not give compensation directly to any employees, all compensation is paid through acts housing and charged back to lending.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Acts Lending Inc
EIN
46-2986750
Phone
4149332215
Address
2414 W VLIET STREET, MILWAUKEE, WI 53205

Signing Officer

Name
Michael Gosman
Title
President & CEO
Phone
4149332215
Signed
2023-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joe Schlidt
Formed
2013
Legal Domicile
Wi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
25

Preparer

Firm
Ritz Holman Llp
Address
330 E KILBOURN AVE SUITE 550, MILWAUKEE, WI 53202
Preparer
Renee Messing
Phone
4142711451
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

No changes from prior year

Financial Statement Notes

PART IV, LINE 2B:

The organization holds escrow accounts related to lending program for homeowner property taxes and insurance.

PART X, LINE 2:

The organization is exempt from income tax under section 501(c)(3) of the internal revenue code and is classified as other than a private foundation. The affiliate is a solely owned corporation and therefore the internal revenue service considers it to be a disregarded entity for tax purposes. All affiliate activity is included under acts community development corporation for tax purposes. Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of december 31, 2022, the organization and affiliate had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The organization does not anticipate any significant changes to unrecognized income tax benefits over the next year.

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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01018022
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME - 2018 AMOUNT: $ 23. 2019 AMOUNT: $ 22. 2020 AMOUNT: $ 2. 2021 AMOUNT: $ 939. 2022 AMOUNT: $ 595.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0351612
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0526677
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01473444
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0429713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0336140
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03117586
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0228244
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0157356
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0101781
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt047187
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029677
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0564245
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt050134
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0595
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0939
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt02
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt022
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt023
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01581
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79850
IRS990ScheduleA/PublicSupportPY170Pct00.88950
IRS990ScheduleA/PublicSupportTotal170Amt02941254
IRS990ScheduleA/SubstantialContributorsTotAmt0176332
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0351612
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0526677
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01473444
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0429713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0336140
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03117586
IRS990ScheduleA/TotalSupportAmt03683412
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt064642
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO ACTS HOUSING
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS ESCROW ACCOUNTS RELATED TO LENDING PROGRAM FOR HOMEOWNER PROPERTY TAXES AND INSURANCE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. THE AFFILIATE IS A SOLELY OWNED CORPORATION AND THEREFORE THE INTERNAL REVENUE SERVICE CONSIDERS IT TO BE A DISREGARDED ENTITY FOR TAX PURPOSES. ALL AFFILIATE ACTIVITY IS INCLUDED UNDER ACTS COMMUNITY DEVELOPMENT CORPORATION FOR TAX PURPOSES. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF DECEMBER 31, 2022, THE ORGANIZATION AND AFFILIATE HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt064642
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt055083
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt114000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0113606
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1111043
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt025988
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt121696
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt019654
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18588
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL GOSMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1DOROTHY YORK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CHIEF OPERATING OFFICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0214331
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1155327
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 8B EXPLANATION - THERE ARE NO COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11B EXPLANATION - THE ENTIRE BOARD IS PROVIDED THE 990 (EXCLUDING SCHEDULE B) FOR REVIEW PRIOR TO FILING, THE EXECUTIVE COMMITTEE REVIEWS THE FULL 990 (INCLUDING SCHEDULE B) AND DISCUSSES ANY NECESSARY ITEMS WITH THE FULL BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST. OTHER MEMBERS OF THE BOARD OR COMMITTEE DETERMINE IF A CONFLICT EXISTS. WHEN THIS OCCURS THE BOARD MEMBER WITH A CONFLICT OF INTEREST IS ASKED TO LEAVE DURING THE DISCUSSION AND VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTS LENDING DOES NOT GIVE COMPENSATION DIRECTLY TO ANY EMPLOYEES, ALL COMPENSATION IS PAID THROUGH ACTS HOUSING AND CHARGED BACK TO LENDING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0ACTS COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0ACTS COMMUNITY DEVELOPMENT CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0391837474
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt02414 W VLIET STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MILWAUKEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0WI
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd053205
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd01
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0101422
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1181345
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt24800
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt33137715
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$6.01$13.5$9.72$0.69$9.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.09$4.59$4.51$1.53$0.51$1.03
2022Detailed filing. Detailed filing data is available for this year.$7.58$4.17$3.41$0.58$0.33$0.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.55$1.40$3.15$0.70$0.26$0.44
2020Detailed filing. Detailed filing data is available for this year.$2.95$0.24$2.71$1.59$0.22$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.74$0.40$1.34$0.49$0.18$0.31
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.20$0.17$1.03$0.37$0.11$0.26
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.30$0.77$0.45$0.09$0.37
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.31$0.40$0.08$0.06$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.18$0.38$0.14$0.05$0.09
2014Summary only. Only limited summary data is available for this year.$0.30$0.01$0.29$0.21$0.02$0.20
2013Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.00$0.10
Peer Organizations

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