Civic Intelligence

Hamilton Park Homes Inc

EIN 52-2277389 • 501(c)3 • Baltimore, MD

Profile

To provide affordable housing to persons with disabilities under section 811 of the national affordable housing act.

22 South Howard St Commercial UnitBaltimore, MD 21201

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

2.26x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

5.24x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

26th percentile

-16%

Higher net margin than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

45th percentile

-5.4%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

10%

Faster revenue growth than 64% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$296,757

Down $16,792 (-5.4%) from 2023

Liabilities

Up

$671,365

Up $3,644 (+0.5%) from 2023

Net Assets

Down

-$374,608

Down $20,436 (-5.8%) from 2023

Revenue

Up

$128,054

Up $11,749 (+10%) from 2023

Expenses

Down

$148,490

Down $14,122 (-8.7%) from 2023

Net Income

Up

-$20,436

Up $25,871 (+56%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2011: $591,671Liabilities 2011: $343,702Net Assets 2011: $247,9692011Assets 2012: $561,059Liabilities 2012: $375,022Net Assets 2012: $186,0372012Assets 2013: $551,667Liabilities 2013: $442,536Net Assets 2013: $109,1312013Assets 2014: $515,114Liabilities 2014: $475,256Net Assets 2014: $39,8582014Assets 2015: $496,947Liabilities 2015: $493,636Net Assets 2015: $3,3112015Assets 2016: $490,472Liabilities 2016: $526,430Net Assets 2016: -$35,9582016Assets 2017: $434,925Liabilities 2017: $564,541Net Assets 2017: -$129,6162017Assets 2018: $414,163Liabilities 2018: $573,872Net Assets 2018: -$159,7092018Assets 2019: $402,007Liabilities 2019: $593,207Net Assets 2019: -$191,2002019Assets 2020: $396,570Liabilities 2020: $611,735Net Assets 2020: -$215,1652020Assets 2021: $364,625Liabilities 2021: $621,221Net Assets 2021: -$256,5962021Assets 2022: $324,864Liabilities 2022: $632,729Net Assets 2022: -$307,8652022Assets 2023: $313,549Liabilities 2023: $667,721Net Assets 2023: -$354,1722023Assets 2024: $296,757Liabilities 2024: $671,365Net Assets 2024: -$374,6082024

Highlighted filing

2024

Assets$296,757
Liabilities$671,365
Net Assets-$374,608

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KExpenses 2011: $114,1062011Expenses 2012: $118,4102012Expenses 2013: $134,2762013Revenue 2014: $67,931Expenses 2014: $137,204Net Income 2014: -$69,2732014Revenue 2015: $80,753Expenses 2015: $117,300Net Income 2015: -$36,5472015Revenue 2016: $89,840Expenses 2016: $129,109Net Income 2016: -$39,2692016Revenue 2017: $90,480Expenses 2017: $184,138Net Income 2017: -$93,6582017Revenue 2018: $102,153Expenses 2018: $132,246Net Income 2018: -$30,0932018Revenue 2019: $108,739Expenses 2019: $140,230Net Income 2019: -$31,4912019Revenue 2020: $112,933Expenses 2020: $136,898Net Income 2020: -$23,9652020Revenue 2021: $101,980Expenses 2021: $143,411Net Income 2021: -$41,4312021Revenue 2022: $109,896Expenses 2022: $161,165Net Income 2022: -$51,2692022Revenue 2023: $116,305Expenses 2023: $162,612Net Income 2023: -$46,3072023Revenue 2024: $128,054Expenses 2024: $148,490Net Income 2024: -$20,4362024

Highlighted filing

2024

Revenue$128,054
Expenses$148,490
Net Income-$20,436

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.97$6.71$3.75$1.28$1.48$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.14$6.68$3.54$1.16$1.63$0.46
2022Detailed filing. Detailed filing data is available for this year.$3.25$6.33$3.08$1.10$1.61$0.51
2021Detailed filing. Detailed filing data is available for this year.$3.65$6.21$2.57$1.02$1.43$0.41
2020Detailed filing. Detailed filing data is available for this year.$3.97$6.12$2.15$1.13$1.37$0.24
2019Detailed filing. Detailed filing data is available for this year.$4.02$5.93$1.91$1.09$1.40$0.31
2018Detailed filing. Detailed filing data is available for this year.$4.14$5.74$1.60$1.02$1.32$0.30
2017Detailed filing. Detailed filing data is available for this year.$4.35$5.65$1.30$0.90$1.84$0.94
2016Detailed filing. Detailed filing data is available for this year.$4.90$5.26$0.36$0.90$1.29$0.39
2015Detailed filing. Detailed filing data is available for this year.$4.97$4.94$0.03$0.81$1.17$0.37
2014Detailed filing. Detailed filing data is available for this year.$5.15$4.75$0.40$0.68$1.37$0.69
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.52$4.43$1.09$1.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.61$3.75$1.86$1.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.92$3.44$2.48$1.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 3, 2025
Return Version
2023v6.0
Gross Receipts
$128,054
Mission and Program Overview

Mission

To provide affordable housing to persons with disabilities under section 811 of the national affordable housing act.

Program Services

DescriptionGrantsExpenses
HAMILTON PARK HOMES, INC. IS A MARYLAND CORPORATION ORGANIZED IN OCTOBER 2000 FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND OPERATING HOUSING AND RELATED FACILITIES WHICH CONSIST OF 10 UNITS LOCATED IN BALTIMORE, MARYLAND FOR PERSONS WITH DISABILITIES. THE ENTITY RECEIVES ASSISTANCE UNDER PROVISIONS OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS.$0$148,490
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHAMBERLAIN DIALAChairman-$0--
KEVIN GREOSKITreasurer-$0--
DALE MEYERPresident/CEO-$0--
Filing and Contact Details

Filer

Filer Name
Hamilton Park Homes Inc
EIN
52-2277389
Phone
4103664299
Address
22 SOUTH HOWARD ST COMMERCIAL UNIT, BALTIMORE, MD 21201

Signing Officer

Name
Dale Meyer
Title
President/CEO
Phone
4103664299
Signed
2025-04-03
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
2 BETHESDA METRO CENTER SUITE 540, BETHESDA, MD 20814
Preparer
Joseph Connolly
Phone
3016523464
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 50.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: allocated compensation. Amount: 25,210. Description: miscellaneous financial expenses. Amount: 987. Total to form 990-ez, line 16: 26,197.

Form 990-ez, Part II, Line 24 - Other Assets

Description: accounts receivable. Beg. Of year amount: 6,981. End of year amount: 10,919. Description: prepaid expenses. Beg. Of year amount: 3,709. End of year amount: 0. Description: tenant security deposits held in trust. Beg. Of year amount: 2,609. End of year amount: 2,613.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to related organization. Beg. Of year amount: 483,637. End of year amount: 483,637. Description: accounts payable and accrued expenses. Beg. Of year amount: 181,845. End of year amount: 185,489. Description: tenant security deposit liabilities. Beg. Of year amount: 2,239. End of year amount: 2,239.

Raw XML Appendix181 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0HAMILTON PARK HOMES, INC. IS A MARYLAND CORPORATION ORGANIZED IN OCTOBER 2000 FOR THE PURPOSE OF ACQUIRING, DEVELOPING AND OPERATING HOUSING AND RELATED FACILITIES WHICH CONSIST OF 10 UNITS LOCATED IN BALTIMORE, MARYLAND FOR PERSONS WITH DISABILITIES. THE ENTITY RECEIVES ASSISTANCE UNDER PROVISIONS OF SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT AS TO RENT CHARGES AND OPERATING METHODS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 50.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ALLOCATED COMPENSATION. AMOUNT: 25,210. DESCRIPTION: MISCELLANEOUS FINANCIAL EXPENSES. AMOUNT: 987. TOTAL TO FORM 990-EZ, LINE 16: 26,197.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 6,981. END OF YEAR AMOUNT: 10,919. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 3,709. END OF YEAR AMOUNT: 0. DESCRIPTION: TENANT SECURITY DEPOSITS HELD IN TRUST. BEG. OF YEAR AMOUNT: 2,609. END OF YEAR AMOUNT: 2,613.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO RELATED ORGANIZATION. BEG. OF YEAR AMOUNT: 483,637. END OF YEAR AMOUNT: 483,637. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 181,845. END OF YEAR AMOUNT: 185,489. DESCRIPTION: TENANT SECURITY DEPOSIT LIABILITIES. BEG. OF YEAR AMOUNT: 2,239. END OF YEAR AMOUNT: 2,239.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DALE MEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04103664299
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-03
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ReturnHeader/Filer/EIN0522277389
ReturnHeader/Filer/PhoneNum04103664299
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ReturnHeader/PreparerPersonGrp/PhoneNum03016523464
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH CONNOLLY
ReturnHeader/ReturnTs02025-04-03T12:45:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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