Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Housing & Community Initiatives Inc
990EZ • Fiscal year 2014 • EIN 52-1247326
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
9th percentile
Higher net margin than 9% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
34th percentile
Faster asset growth than 34% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Balance Sheet
Assets
Down$412,356
Down $23,355 (-5.4%) from 2013
Net Assets
Down$411,854
Down $23,696 (-5.4%) from 2013
Liabilities
Up$502
Up $341 (+212%) from 2013
Revenue And Expenses
Revenue
Down$55,795
Down $6,652 (-11%) from 2013
Expenses
Up$79,491
Up $1,504 (+1.9%) from 2013
Net Income
Down-$23,696
Down $8,156 (-52%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2013 to Jun 30, 2014
- Signed
- Dec 4, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $55,795
Mission and Program Overview
Mission
The association provides information and funds to facilitate increased levels of home ownership.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ASSOCIATION PROVIDES INFORMATION AND FUNDS TO FACILITATE INCREASED LEVELS OF HOME OWNERSHIP. | - | $62,598 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JANICE FREEMAN | President | - | $0 | - | - |
| SUSAN CHENEY | Vice-Pres | - | $0 | - | - |
| ANITA CENTOFANTI | Treasurer | - | $0 | - | - |
| THOMAS DEBRINE | Secretary | - | $0 | - | - |
| CUVATOR ARMSTRONG | Director | - | $0 | - | - |
| JAYNIE GRANT | Director | - | $0 | - | - |
| DAVID ROCHE | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 52-1247326
- Phone
- 3015902765
Signing Officer
- Name
- Tom Debrine
- Title
- President
- Phone
- 3015902765
- Signed
- 2014-12-04
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- Gary D Carswell CPA
- Phone
- 3012518711
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses insurance 824 loan servicing (reach) 336 telephone 2,247 office supplies 318 training materials 5,336 network 211 payroll processing 1,527 conference and seminars 170 interpreting and sign 1,092 bank fees 180 license 40 penalties 3,806 non-investment depreciation 891 total 16,978”
Form 990-ez, Part II, Line 24
“Accounts receivable 13,950 6,200 loans receivable - reach 43,475 31,505 less allowance 28,971 28,971 net 14,504 2,534 prepaid expenses and deferred charges 634 642 office equipment 5,301 5,301 less accumulated depreciation 4,305 5,196 security deposit 2,130 2,130 total 32,214 11,611”
Form 990-ez, Part II, Line 26
“Accounts payable and accrued expenses 161 189 payroll taxes payable 0 313”
Form 990-ez, Part III
“The association provides information and funds to facilitate increased levels of home ownership.”
Raw XML Appendix164 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 0 | JANICE FREEMAN |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 1 | SUSAN CHENEY |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 2 | ANITA CENTOFANTI |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 3 | THOMAS DEBRINE |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 4 | CUVATOR ARMSTRONG |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 5 | JAYNIE GRANT |
| CompensationExplanation/CompensationExplanationGrp/PersonNm | 6 | DAVID ROCHE |
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | TOM DEBRINE |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3015902765 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 438 NORTH FREDERICK AVE SUITE 305 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2 | 0 | SUITE 305 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | GAITHERSBURG |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | MD |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 20877 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 403497 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 400745 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -23696 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3000 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 435711 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 412356 |
| IRS990EZ/GrossReceiptsAmt | 0 | 55795 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1545 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 435550 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 411854 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 435550 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 411854 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 36136 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 4.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JANICE FREEMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | SUSAN CHENEY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ANITA CENTOFANTI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | THOMAS DEBRINE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | CUVATOR ARMSTRONG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | JAYNIE GRANT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | DAVID ROCHE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-PRES |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 32214 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 11611 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 16978 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ASSOCIATION PROVIDES INFORMATION AND FUNDS TO FACILITATE INCREASED LEVELS OF HOME OWNERSHIP. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 54250 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ASSOCIATION PROVIDES INFORMATION AND FUNDS TO FACILITATE INCREASED LEVELS OF HOME OWNERSHIP. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 62598 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 23377 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MD |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 161 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 502 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 79491 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 62598 |
| IRS990EZ/TotalRevenueAmt | 0 | 55795 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.HCII.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 375 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 445 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 820 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 55795 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 62072 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 53273 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 59809 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 84185 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 315134 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 315954 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 55795 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 62447 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 53718 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 59809 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 84185 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 315954 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 55795 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 62447 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 53718 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 59809 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 84185 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 315954 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES INSURANCE 824 LOAN SERVICING (REACH) 336 TELEPHONE 2,247 OFFICE SUPPLIES 318 TRAINING MATERIALS 5,336 NETWORK 211 PAYROLL PROCESSING 1,527 CONFERENCE AND SEMINARS 170 INTERPRETING AND SIGN 1,092 BANK FEES 180 LICENSE 40 PENALTIES 3,806 NON-INVESTMENT DEPRECIATION 891 TOTAL 16,978 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 13,950 6,200 LOANS RECEIVABLE - REACH 43,475 31,505 LESS ALLOWANCE 28,971 28,971 NET 14,504 2,534 PREPAID EXPENSES AND DEFERRED CHARGES 634 642 OFFICE EQUIPMENT 5,301 5,301 LESS ACCUMULATED DEPRECIATION 4,305 5,196 SECURITY DEPOSIT 2,130 2,130 TOTAL 32,214 11,611 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS PAYABLE AND ACCRUED EXPENSES 161 189 PAYROLL TAXES PAYABLE 0 313 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ASSOCIATION PROVIDES INFORMATION AND FUNDS TO FACILITATE INCREASED LEVELS OF HOME OWNERSHIP. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TOM DEBRINE |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3015902765 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-12-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | HOUSING & COMMUNITY INITIATIVES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOUS |
| ReturnHeader/Filer/EIN | 0 | 521247326 |
| ReturnHeader/Filer/PhoneNum | 0 | 3015902765 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 438 NORTH FREDERICK AVENUE |
| ReturnHeader/Filer/USAddress/AddressLine2 | 0 | ROOM/SUITE 305 |
| ReturnHeader/Filer/USAddress/City | 0 | GAITHERSBURG |
| ReturnHeader/Filer/USAddress/State | 0 | MD |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 20877 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 521790778 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | TETI & CARSWELL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 451 HUNGERFORD DR STE 735 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | ROCKVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | MD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 20850 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 3012518711 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2014-12-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | GARY D CARSWELL CPA |
| ReturnHeader/ReturnTs | 0 | 2014-12-11T09:40:58-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-06-30 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $412,356
- Liabilities
- $502
- Net assets
- $411,854
- Revenue
- $55,795
- Expenses
- $79,491
- Net income
- -$23,696