Civic Intelligence

Franklin Housing Collaborative

990 • Fiscal year 2019 • EIN 47-0901382

Jan 01, 2019 to Dec 31, 2019 • Filed on Apr 27, 2020

Organization ProfileN/A
100 Spring StreetFranklin, TN 37065

(615) 794-1247

Siviq Scores

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

Liabilities / Assets

69th percentile

0.37x

Higher debt load relative to assets than 69% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

1.57x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

89th percentile

44%

Higher net margin than 89% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

84th percentile

$247,547

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 19.7% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

76th percentile

15%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-58%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$5,316,044

Up $679,337 (+15%) from 2018

Net Assets

Up

$3,342,013

Up $135,344 (+4.2%) from 2018

Liabilities

Up

$1,974,031

Up $543,993 (+38%) from 2018

Revenue And Expenses
Liabilities / Revenue86th percentileNet Margin89th percentile

Revenue

Down

$1,255,679

Down $1,766,565 (-58%) from 2018

Expenses

Up

$698,035

Up $199,523 (+40%) from 2018

Net Income

Down

$557,644

Down $1,966,088 (-78%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $142,595Net Assets 2012: $142,5952012Assets 2013: $199,802Net Assets 2013: $199,8022013Assets 2014: $313,541Liabilities 2014: $15,187Net Assets 2014: $298,3542014Assets 2015: $486,456Liabilities 2015: $25,171Net Assets 2015: $461,2852015Assets 2016: $769,856Liabilities 2016: $16,222Net Assets 2016: $753,6342016Assets 2017: $1,569,666Liabilities 2017: $886,729Net Assets 2017: $682,9372017Assets 2018: $4,636,707Liabilities 2018: $1,430,038Net Assets 2018: $3,206,6692018Assets 2019: $5,316,044Liabilities 2019: $1,974,031Net Assets 2019: $3,342,0132019Assets 2020: $5,209,632Liabilities 2020: $2,156,483Net Assets 2020: $3,053,1492020Assets 2021: $5,842,273Liabilities 2021: $2,813,608Net Assets 2021: $3,028,6652021Assets 2022: $4,704,285Liabilities 2022: $1,419,276Net Assets 2022: $3,285,0092022Assets 2023: $4,120,846Liabilities 2023: $1,105,629Net Assets 2023: $3,015,2172023Assets 2024: $5,425,015Liabilities 2024: $1,606,980Net Assets 2024: $3,818,0352024

Highlighted filing

2019

Assets$5,316,044
Liabilities$1,974,031
Net Assets$3,342,013
Open 2019 Filing

Operations Trend

Revenue Growth4th percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $66,135Expenses 2012: $3,198Net Income 2012: $62,9372012Revenue 2013: $69,902Expenses 2013: $12,695Net Income 2013: $57,2072013Revenue 2014: $147,859Expenses 2014: $49,307Net Income 2014: $98,5522014Revenue 2015: $282,813Expenses 2015: $111,388Net Income 2015: $171,4252015Revenue 2016: $606,862Expenses 2016: $314,513Net Income 2016: $292,3492016Revenue 2017: $399,315Expenses 2017: $470,012Net Income 2017: -$70,6972017Revenue 2018: $3,022,244Expenses 2018: $498,512Net Income 2018: $2,523,7322018Revenue 2019: $1,255,679Expenses 2019: $698,035Net Income 2019: $557,6442019Revenue 2020: $2,088,053Expenses 2020: $816,917Net Income 2020: $1,271,1362020Revenue 2021: $1,198,317Expenses 2021: $1,155,766Net Income 2021: $42,5512021Revenue 2022: $1,183,611Expenses 2022: $1,170,676Net Income 2022: $12,9352022Revenue 2023: $1,256,391Expenses 2023: $1,476,185Net Income 2023: -$219,7942023Revenue 2024: $1,694,553Expenses 2024: $2,168,826Net Income 2024: -$474,2732024

Highlighted filing

2019

Revenue$1,255,679
Expenses$698,035
Net Income$557,644
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Apr 27, 2020
Return Version
2019v5.1
Gross Receipts
$1,255,679
Mission and Program Overview

Mission

Our mission is to promote affordable/workforce housing to various income levels and provide assistance to low-income individuals to impart better life, social, economic and personal skills to foster

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,818,731$1,921,234▼ $897,497
Savings and Temporary Cash Investments$237,342$425,250▲ $187,908
Cash and Non-Interest-Bearing Accounts$1,456,914$284,029▼ $1,172,885
Accounts Receivable$12,125$194,831▲ $182,706
Total Assets$4,636,707$5,316,044▲ $679,337
Other Assets Total$111,595$2,490,700▲ $2,379,105
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,082,500$1,080,185▼ $2,315
Other Liabilities$14,372$825,726▲ $811,354
Accounts Payable and Accrued Expenses$333,166$64,676▼ $268,490
Deferred Revenue-$3,444-
Total Liabilities$1,430,038$1,974,031▲ $543,993
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,159,754$3,295,098▲ $135,344
Net Assets With Donor Restrictions$46,915$46,915→ $0
Total Net Assets Fund Balance$3,206,669$3,342,013▲ $135,344
Total Liabilities and Net Assets / Fund Balance$4,636,707$5,316,044▲ $679,337

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,819,063$371,717-
Other Land Buildings$21,505--
Land$38,814--
Equipment$41,852$41,985-
Other Assets Org$1,560,000--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Derwin JacksonPresident/CEOPT$65,230$182,317$247,547
Derwin Jackson--$65,230$9,035$74,265

Board Members and Trustees

NameTitle
Scott BlackChairman
Jen Porter RossVice Chairperson
Darlene MortonCommissioner
Donnell LaneCommissioner
Ethel ScruggsCommissioner
Revenue and Support

Revenue Composition

Contributions and Grants
$335,124
Program Service Revenue
$902,068
Investment Income
$0
Other Revenue
$18,487
All Other Contributions
$8,770
Change in Net Assets
$557,644
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$357,501
Other Expenses$340,534
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$184,717$32,597$0$217,314
Other Expenses$85,389$15,070$0$100,459
Depreciation Depletion$74,083$13,073$0$87,156
Other Employee Benefits$63,713$11,244$0$74,957
Current Officers, Directors, Trustees, and Key Employees$55,446$9,784$0$65,230
Office Expenses$49,046$8,655$0$57,701
Fees for Services Other$17,980$3,173$0$21,153
Insurance$12,906$2,277$0$15,183
Interest$11,356$2,004$0$13,360
Travel$3,004$530$0$3,534
Fees for Services Legal$582$103$0$685
Total Functional Expenses$593,329$104,706$0$698,035
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
Notes Payable Due to Related Organization (franklin Hsg Authority)$815,676
Security Deposit Liability$10,050
Family Self-sufficiency Escrowed Liability$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Filing and Contact Details

Filer

Filer Name
Franklin Housing Collaborative
EIN
47-0901382
Phone
6157941247
Address
100 SPRING STREET, FRANKLIN, TN 37065

Signing Officer

Name
Derwin Jackson
Title
President/CEO
Phone
6157941247
Signed
2020-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Derwin Jackson
Formed
2004
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
15

Preparer

Firm
Henderson & Pilleteri LLC
Address
200 CHASE PARK SOUTH, BIRMINGHAM, AL 35244
Preparer
Ben Pilleteri
Phone
2059820992
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Michael lloyd, fee accountant read the draft 990 and supporting schedules provided by the cpa and traced amounts to the organization's accounting records. Any differences were discussed with the cpa to ensure the accuracy of the 990. All questions and disclosures were verified by the fee accountant during his review. Also, each board member receives, reviews, and approves the 990.”

Pt VI, Line 8A

“The organization documents the meetings held and actions taken by the board of directors during the year and maintains on file, copies of these documents.”

Pt VI, Line 12C

“Annual memos are distributed to document compliance for the year.”

Pt VI, Line 19

“Upon written request, the organization will make available the governing documents, policies and/or financial statements.”

Pt VII, Col (E)

“Related organization (franklin housing authority) was related to the organization for the entire year. The executive director of the organization is also the executive director of the franklin housing authority.”

Pt VII, Col (F)

“Related organization (franklin housing authority) was related to the organization for the entire year. Other compensation is composed of employer contributions to a qualified retirement plan as well as various nontaxable health benefits.”

Pt XI

“Non-cash-related capital contribution of $1,560,000 received for transfer of leasehold interest in capital improvements to an affordable housing limited partnership, less a transfer of $1,982,300 in affordable housing capital assets to newly created limited partnerships.”

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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/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/ExclusionAmt30
IRS990/ProgramServiceRevenueGrp/ExclusionAmt40
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0118195
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1308626
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2136836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3261369
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt477042
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt30
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt40
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01966769
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt0171434
IRS990/PYProgramServiceRevenueAmt01055470
IRS990/PYRevenuesLessExpensesAmt02523732
IRS990/PYSalariesCompEmpBnftPaidAmt0327078
IRS990/PYTotalExpensesAmt0498512
IRS990/PYTotalRevenueAmt03022244
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0557644
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0true
IRS990/RelatedOrganizationsAmt0106354
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0920555
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0237342
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0425250
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: OTHER MISCELLANEOUS INCOME 2015: 5451. 2016: 0. 2017: 0. 2018: 0.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0228770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0604984
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt045664
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0108862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0141352
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01129632
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020995
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt021000
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt05451
IRS990ScheduleA/OtherIncome170Grp/TotalAmt05451
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97710
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.97360
IRS990ScheduleA/PublicSupportTotal170Amt01129632
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0228770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0604984
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt045664
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0108862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0141352
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01129632
IRS990ScheduleA/TotalSupportAmt01156083
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01819063
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0371717
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02190780
IRS990ScheduleD/EquipmentGrp/BookValueAmt041852
IRS990ScheduleD/EquipmentGrp/DepreciationAmt041985
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt083837
IRS990ScheduleD/LandGrp/BookValueAmt038814
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt038814
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt00
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1930700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21560000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPER FEES RECEIVABLE NOT EXPECTED TO BE REPAID IN THE NEXT FISCAL YEAR
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1AFFORDABLE HOUSING UNITS HELD FOR RESALE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2NON-CASH CAPITAL CONTRIBUTION
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021505
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt021505
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2815676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FAMILY SELF-SUFFICIENCY ESCROWED LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2NOTES PAYABLE DUE TO RELATED ORGANIZATION (FRANKLIN HSG AUTHORITY)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01921234
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02490700
IRS990ScheduleD/TotalLiabilityAmt0825726
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt065230
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0145442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt06776
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt015810
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt02259
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt05270
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt06760
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DERWIN JACKSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt074265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0173282
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MICHAEL LLOYD, FEE ACCOUNTANT READ THE DRAFT 990 AND SUPPORTING SCHEDULES PROVIDED BY THE CPA AND TRACED AMOUNTS TO THE ORGANIZATION'S ACCOUNTING RECORDS. ANY DIFFERENCES WERE DISCUSSED WITH THE CPA TO ENSURE THE ACCURACY OF THE 990. ALL QUESTIONS AND DISCLOSURES WERE VERIFIED BY THE FEE ACCOUNTANT DURING HIS REVIEW. ALSO, EACH BOARD MEMBER RECEIVES, REVIEWS, AND APPROVES THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOCUMENTS THE MEETINGS HELD AND ACTIONS TAKEN BY THE BOARD OF DIRECTORS DURING THE YEAR AND MAINTAINS ON FILE, COPIES OF THESE DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANNUAL MEMOS ARE DISTRIBUTED TO DOCUMENT COMPLIANCE FOR THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON WRITTEN REQUEST, THE ORGANIZATION WILL MAKE AVAILABLE THE GOVERNING DOCUMENTS, POLICIES AND/OR FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RELATED ORGANIZATION (FRANKLIN HOUSING AUTHORITY) WAS RELATED TO THE ORGANIZATION FOR THE ENTIRE YEAR. THE EXECUTIVE DIRECTOR OF THE ORGANIZATION IS ALSO THE EXECUTIVE DIRECTOR OF THE FRANKLIN HOUSING AUTHORITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5RELATED ORGANIZATION (FRANKLIN HOUSING AUTHORITY) WAS RELATED TO THE ORGANIZATION FOR THE ENTIRE YEAR. OTHER COMPENSATION IS COMPOSED OF EMPLOYER CONTRIBUTIONS TO A QUALIFIED RETIREMENT PLAN AS WELL AS VARIOUS NONTAXABLE HEALTH BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NON-CASH-RELATED CAPITAL CONTRIBUTION OF $1,560,000 RECEIVED FOR TRANSFER OF LEASEHOLD INTEREST IN CAPITAL IMPROVEMENTS TO AN AFFORDABLE HOUSING LIMITED PARTNERSHIP, LESS A TRANSFER OF $1,982,300 IN AFFORDABLE HOUSING CAPITAL ASSETS TO NEWLY CREATED LIMITED PARTNERSHIPS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 8a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VII, Col (E)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VII, Col (F)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0true
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0true
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd1true
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd2true
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0FRANKLIN HOUSING COLLABORATIVE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1FRANKLIN HOUSING COLLABORATIVE

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,316,044
Liabilities
$1,974,031
Net assets
$3,342,013
Revenue
$1,255,679
Expenses
$698,035
Net income
$557,644
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.43$1.61$3.82$1.69$2.17$0.47
2023Detailed filing. Detailed filing data is available for this year.$4.12$1.11$3.02$1.26$1.48$0.22
2022Detailed filing. Detailed filing data is available for this year.$4.70$1.42$3.29$1.18$1.17$0.01
2021Detailed filing. Detailed filing data is available for this year.$5.84$2.81$3.03$1.20$1.16$0.04
2020Detailed filing. Detailed filing data is available for this year.$5.21$2.16$3.05$2.09$0.82$1.27
2019Detailed filing. Detailed filing data is available for this year.$5.32$1.97$3.34$1.26$0.70$0.56
2018Detailed filing. Detailed filing data is available for this year.$4.64$1.43$3.21$3.02$0.50$2.52
2017Detailed filing. Detailed filing data is available for this year.$1.57$0.89$0.68$0.40$0.47$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.02$0.75$0.61$0.31$0.29
2015Detailed filing. Detailed filing data is available for this year.$0.49$0.03$0.46$0.28$0.11$0.17
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.02$0.30$0.15$0.05$0.10
2013Detailed filing. Detailed filing data is available for this year.$0.20$0.20$0.07$0.01$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.14$0.07$0.00$0.06