Civic Intelligence

Arundel Community Development Services Inc.

990 • Fiscal year 2015 • EIN 52-1817557

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 26, 2016

Organization ProfileWWW.ACDSINC.ORG

View Organization Page

2666 Riva RoadAnnapolis, MD 21401

(410) 222-7600

Siviq Scores

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

Liabilities / Assets

85th percentile

0.80x

Higher debt load relative to assets than 85% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

1.11x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

39th percentile

0.6%

Higher net margin than 39% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$222,471

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.5% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

64th percentile

4.9%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

60th percentile

6.9%

Faster revenue growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets85th percentile

Assets

Up

$12,377,159

Up $579,976 (+4.9%) from 2014

Net Assets

Up

$2,501,069

Up $53,587 (+2.2%) from 2014

Liabilities

Up

$9,876,090

Up $526,389 (+5.6%) from 2014

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin39th percentile

Revenue

Up

$8,888,930

Up $573,408 (+6.9%) from 2014

Expenses

Up

$8,835,343

Up $589,940 (+7.2%) from 2014

Net Income

Down

$53,587

Down $16,532 (-24%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$60M$40M$20M$0Assets 2011: $9,299,031Liabilities 2011: $7,211,642Net Assets 2011: $2,087,3892011Assets 2012: $9,988,262Liabilities 2012: $7,823,171Net Assets 2012: $2,165,0912012Assets 2013: $9,907,977Liabilities 2013: $7,878,525Net Assets 2013: $2,029,4522013Assets 2014: $11,797,183Liabilities 2014: $9,349,701Net Assets 2014: $2,447,4822014Assets 2015: $12,377,159Liabilities 2015: $9,876,090Net Assets 2015: $2,501,0692015Assets 2016: $13,386,766Liabilities 2016: $10,813,572Net Assets 2016: $2,573,1942016Assets 2017: $14,006,390Liabilities 2017: $11,263,985Net Assets 2017: $2,742,4052017Assets 2018: $15,748,155Liabilities 2018: $12,089,944Net Assets 2018: $3,658,2112018Assets 2019: $19,860,888Liabilities 2019: $15,893,810Net Assets 2019: $3,967,0782019Assets 2020: $29,251,346Liabilities 2020: $24,795,679Net Assets 2020: $4,455,6672020Assets 2021: $42,935,600Liabilities 2021: $37,826,865Net Assets 2021: $5,108,7352021Assets 2022: $37,517,619Liabilities 2022: $31,998,327Net Assets 2022: $5,519,2922022Assets 2023: $39,681,072Liabilities 2023: $33,478,660Net Assets 2023: $6,202,4122023Assets 2024: $32,095,186Liabilities 2024: $25,090,408Net Assets 2024: $7,004,7782024

Highlighted filing

2015

Assets$12,377,159
Liabilities$9,876,090
Net Assets$2,501,069
Open 2015 Filing

Operations Trend

Revenue Growth60th percentile

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

$60M$40M$20M$0-$20MRevenue 2011: $12,212,972Expenses 2011: $12,171,577Net Income 2011: $41,3952011Revenue 2012: $10,600,485Expenses 2012: $10,522,782Net Income 2012: $77,7032012Revenue 2013: $9,643,950Expenses 2013: $9,778,335Net Income 2013: -$134,3852013Revenue 2014: $8,315,522Expenses 2014: $8,245,403Net Income 2014: $70,1192014Revenue 2015: $8,888,930Expenses 2015: $8,835,343Net Income 2015: $53,5872015Revenue 2016: $10,138,347Expenses 2016: $10,066,222Net Income 2016: $72,1252016Revenue 2017: $10,308,895Expenses 2017: $10,139,684Net Income 2017: $169,2112017Revenue 2018: $11,582,367Expenses 2018: $10,666,561Net Income 2018: $915,8062018Revenue 2019: $12,382,599Expenses 2019: $12,073,732Net Income 2019: $308,8672019Revenue 2020: $15,340,853Expenses 2020: $14,852,264Net Income 2020: $488,5892020Revenue 2021: $33,111,572Expenses 2021: $32,458,504Net Income 2021: $653,0682021Revenue 2022: $56,031,436Expenses 2022: $55,620,879Net Income 2022: $410,5572022Revenue 2023: $40,672,107Expenses 2023: $39,988,987Net Income 2023: $683,1202023Revenue 2024: $39,857,975Expenses 2024: $39,055,609Net Income 2024: $802,3662024

Highlighted filing

2015

Revenue$8,888,930
Expenses$8,835,343
Net Income$53,587
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 26, 2016
Return Version
2014v6.0
Gross Receipts
$8,888,930
Mission and Program Overview

Mission

Provide a vehicle to develop programs implement strategies and complete projects which further housing and community development goals and advance the common good and general welfare of communities and residents, particularly low and moderate income residents and persons with special needs such as the homeless, the elderly and the disabled.

To administer, plan and implement housing and community development activities principaly benefitting low to moderate income residents of the state of maryland, especially anne arundel county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$5,773,900$7,138,731▲ $1,364,831
Cash and Non-Interest-Bearing Accounts$2,354,962$3,353,177▲ $998,215
Savings and Temporary Cash Investments$712,842$713,234▲ $392
Land, Buildings, and Equipment, Net$553,258--
Other Notes and Loans Receivable, Net$335,531$385,751▲ $50,220
Pledges and Grants Receivable$746,669$283,328▼ $463,341
Accounts Receivable$1,085,079$274,891▼ $810,188
Prepaid Expenses and Deferred Charges$30,529$31,653▲ $1,124
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$11,797,183$12,377,159▲ $579,976
Other Assets Total$204,413$196,394▼ $8,019
Liabilities
Deferred Revenue$6,991,403$7,722,671▲ $731,268
Mortgage Notes Payable Secured by Investment Property$1,265,064$1,256,549▼ $8,515
Accounts Payable and Accrued Expenses$1,045,037$844,558▼ $200,479
Other Liabilities$48,197$52,312▲ $4,115
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$9,349,701$9,876,090▲ $526,389
Net Assets / Fund Balance
Unrestricted Net Assets$2,447,482$2,501,069▲ $53,587
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$2,447,482$2,501,069▲ $53,587
Total Liabilities and Net Assets / Fund Balance$11,797,183$12,377,159▲ $579,976

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$7,138,731--
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen M KochExecutive DirectorFT$166,273$6,864$173,137
William GibbonsProject DirectorFT$134,109$15,108$149,217
James SylvesterFinance & Admin. DIRECTORFT$125,646$9,310$134,956

Board Members and Trustees

NameTitle
Samuel Minnitte JrPresident
Robert KramerVice President
Linton Pumpphreyboard member
Peter Ponneboard member
brenda desjardinsboard member
david shultzboard member
thomas lee osborneboard member
vanessa carterboard member
Beverly Swaim-StaleyAssistant Secretary
Ellington ChurchillTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hawkeye Construction LLCContractor1001 68th Street, Rosedale, MD 21237$978,188
Boulevard Contractors CorpContractor10451 Mill Run Circle Suite 1005, Owings Mills, MD 21117$383,984
CJS Construction IncContractor112 Sumerset Road, Stevensville, MD 21666$333,820
Amazon Construction IncContractor619 Hampton Park Blvd G, Capitol Heights, MD 20743$315,439
Aaction Home Repair and Restorationcontractor8324 Veterans Hwy, Millersville, MD 21108$190,623
Revenue and Support

Revenue Composition

Contributions and Grants
$7,818,511
Program Service Revenue
$1,070,026
Investment Income
$393
Other Revenue
$0
All Other Contributions
$1,146,729
Change in Net Assets
$53,587

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,888,930
Revenue Not Reported on Form 990
$303,298
Total Revenue per Audited Statements
$9,192,228
Total Revenue per Form 990
$8,888,930
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,368,145
Grants and Similar Amounts Paid$2,873,006
Salaries, Compensation, and Employee Benefits$1,594,192
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,873,006--$2,873,006
Other Salaries and Wages$1,286,946--$1,286,946
Occupancy$468,497--$468,497
Current Officers, Directors, Trustees, and Key Employees$307,246--$307,246
Other Expenses$254,898$818,862-$254,898
All Other Expenses$208,695$32,219-$240,914
Travel-$15,074-$15,074
Fees for Services Legal-$8,447-$8,447
Office Expenses-$6,475-$6,475
Insurance-$1,330-$1,330
Total Functional Expenses$7,952,936$882,407$0$8,835,343

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,138,641
Expenses per Audited Statements$8,835,343
Total Expenses per Form 990$8,835,343
Expenses Not Reported on Form 990$303,298
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Housing Commission of AACOGlen Burnie, MD501c)(3)homeless housing$1,193,479
Arundel House of HopeMillersville, MD501c)(3)homeless housing$450,907
Associated Catholic ChartiesTimonium, MD501c)(3)housing & health$431,683
AA County Mental Health AgencyAnnapolis, MD501c)(3)housing & health$212,400
People Encouraging People IncBaltimore, MD501c)(3)housing & Health$188,071
Community Residences IncChantilly, VA501c)(3)Case management$113,640
Boys & Girls Club of AnnapolisAnnapolis, MD501c)(3)youth services$85,000
Anne Arundel County Community Action AgencyAnnapolis, MD501c)(3)Child care/Emergency$55,000
The Light House IncAnnapolis, MD501c)(3)Transitional housing$49,770
Calvary Community EconomicSEvern, MD501c)(3)eviction prevention$22,009
AA County Depart of Social ServicesAnnapolis, MD501c)(3)HMIS services$22,000
OIC of Anne Arundel Countyedgewater, MD501c)(3)Job Training$15,000
AACO Dept of Recreation and ParksAnnapolis, MD501c)(3)youth service$10,000
Vehicles for Changebaltimore, MD501c)(3)transportation$9,600
Partners in CarePasadena, MD501c)(3)Home repair$8,005
Chesapeake Arts Center INCBrooklyn Park, MD501c)(3)Youth art programs$6,443
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rental Property Security Deposits$52,312
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI Section B Line 11A

“A draft copy of the 990 form is prepared by our external auditors and is forwarded to the Board of Directors' Audit/Investment's committee members for their review and comments. All committee member's comments, questions or changes are submitted to the chairman and forwarded to the Executive Directors and the Finance and Administration Director for an appropriate response. Once all members are satisfied with the revisions, the chairman will makes a final recommendation from the Audit/Investment committee to accept the Corporation 990 tax return. Once excepted the Executive Director is authorized to sign and file the return. The Chairman will than informed the Board of Directors, at the next scheduled board meeting, that the Corporations Form 990 tax return has been reviewed and accpted by the Audit/Investment Committee and has been properly filed with the Internal Revenues Services (IRS).”

Part VI Section B Line 12C

“Each Board members is under a continuing obligation to disclose any actual or potential conflict of interest as soon as it is known. Board members file at least annually an "Annual Conflict of Interest Disclosure Statement" to fully and completely disclose the material facts about any actual or potential conflicts of interest.”

Part VI, Section B, Line 15

“An outside personnel consultant conducts an annual compensation study of all company postions including the Executive Director compared with the non-profit and government/public sector market sectors. This study includes recommendations on both based salary range and pay increase adjustments for the upcoming fiscal year. The consultant makes recommendations to the Board of Director's Executive committee. The Executive committee uses this study to evaluate the Exective Director during the annual performance evaluation and to approve any pay increases.”

Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policies, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Arundel Community Development Services Inc
EIN
52-1817557
In Care Of
% KATHLEEN KOCH
Phone
4102227600
Address
2666 Riva Road, Annapolis, MD 21401

Signing Officer

Name
Kathleen Koch
Title
Executive Director
Phone
4102227600
Signed
2016-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen M Koch
Formed
1993
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
10
Employees
27

Preparer

Firm
Cohnreznick Llp
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202-3100
Preparer
Philip H Cornblatt CPA
Phone
4107834900
Supplemental Narrative

Financial Statement Notes

Fin 48

“The Corporation is exempt from Federal income taxes under Section 501(c)(3) of the Internal Revenue Code; however, unrelated business income would be subject to income tax. The Corporation did not have any unrelated business income for 2015 and 2014. Accordingly, no provision for income taxes has been made in the accompanying financial statements. A Form 990 information tax return is filed annually. The Internal Revenue Service has not examined (audited) any income tax returns of the Organization thus the previous three years are subject to examination. The Organization believes that it has appropriate support for any tax positions taken and that it is more likely than not, based on the technical merits, that the positions will be sustained upon examination.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Samuel Minnitte Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Robert Kramer
IRS990/Form990PartVIISectionAGrp/PersonNm2Ellington Churchill
IRS990/Form990PartVIISectionAGrp/PersonNm3Beverly Swaim-Staley
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IRS990/Form990PartVIISectionAGrp/PersonNm6PETER PONNE
IRS990/Form990PartVIISectionAGrp/PersonNm7LINTON PUMPPHREY
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IRS990/Form990PartVIISectionAGrp/PersonNm9thomas lee osborne
IRS990/Form990PartVIISectionAGrp/PersonNm10david shultz
IRS990/Form990PartVIISectionAGrp/PersonNm11William Gibbons
IRS990/Form990PartVIISectionAGrp/PersonNm12James Sylvester
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Assistant Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Executive Director
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IRS990/MissionDesc0PROVIDE A VEHICLE TO DEVELOP PROGRAMS IMPLEMENT STRATEGIES AND COMPLETE PROJECTS WHICH FURTHER HOUSING AND COMMUNITY DEVELOPMENT GOALS AND ADVANCE THE COMMON GOOD AND GENERAL WELFARE OF COMMUNITIES AND RESIDENTS, PARTICULARLY LOW AND MODERATE INCOME RESIDENTS AND PERSONS WITH SPECIAL NEEDS SUCH AS THE HOMELESS, THE ELDERLY AND THE DISABLED.
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IRS990/OperateHospitalInd0false
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0385751
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031653
IRS990/PrincipalOfficerNm0Kathleen M Koch
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IRS990/ProgramServiceRevenueGrp/Desc1CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/Desc2DEBT FORGIVENESS
IRS990/ProgramServiceRevenueGrp/Desc3INTEREST INCOME FROM LOANS
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt28329
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt35100
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Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,377,159
Liabilities
$9,876,090
Net assets
$2,501,069
Revenue
$8,888,930
Expenses
$8,835,343
Net income
$53,587
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.1$25.1$7.00$39.9$39.1$0.80
2023Detailed filing. Detailed filing data is available for this year.$39.7$33.5$6.20$40.7$40.0$0.68
2022Detailed filing. Detailed filing data is available for this year.$37.5$32.0$5.52$56.0$55.6$0.41
2021Detailed filing. Detailed filing data is available for this year.$42.9$37.8$5.11$33.1$32.5$0.65
2020Detailed filing. Detailed filing data is available for this year.$29.3$24.8$4.46$15.3$14.9$0.49
2019Detailed filing. Detailed filing data is available for this year.$19.9$15.9$3.97$12.4$12.1$0.31
2018Detailed filing. Detailed filing data is available for this year.$15.7$12.1$3.66$11.6$10.7$0.92
2017Detailed filing. Detailed filing data is available for this year.$14.0$11.3$2.74$10.3$10.1$0.17
2016Detailed filing. Detailed filing data is available for this year.$13.4$10.8$2.57$10.1$10.1$0.07
2015Detailed filing. Detailed filing data is available for this year.$12.4$9.88$2.50$8.89$8.84$0.05
2014Summary only. Only limited summary data is available for this year.$11.8$9.35$2.45$8.32$8.25$0.07
2013Summary only. Only limited summary data is available for this year.$9.91$7.88$2.03$9.64$9.78$0.13
2012Summary only. Only limited summary data is available for this year.$9.99$7.82$2.17$10.6$10.5$0.08
2011Summary only. Only limited summary data is available for this year.$9.30$7.21$2.09$12.2$12.2$0.04