Civic Intelligence

Hamilton Park Homes Inc.

990EZ • Fiscal year 2023 • EIN 52-2277389

Jul 01, 2022 to Jun 30, 2023 • Filed on May 03, 2024

22 South Howard St Commercial UnitBaltimore, MD 21201

(410) 366-4299

Siviq Scores

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

Liabilities / Assets

97th percentile

2.13x

Higher debt load relative to assets than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

5.74x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

12th percentile

-40%

Higher net margin than 12% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

41st percentile

-3.5%

Faster asset growth than 41% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

51st percentile

5.8%

Faster revenue growth than 51% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$313,549

Down $11,315 (-3.5%) from 2022

Net Assets

Down

-$354,172

Down $46,307 (-15%) from 2022

Liabilities

Up

$667,721

Up $34,992 (+5.5%) from 2022

Revenue

Up

$116,305

Up $6,409 (+5.8%) from 2022

Expenses

Up

$162,612

Up $1,447 (+0.9%) from 2022

Net Income

Up

-$46,307

Up $4,962 (+9.7%) from 2022

Historical Trend

Balance Sheet Trend

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

$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

2023

Assets$313,549
Liabilities$667,721
Net Assets-$354,172

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$116,305
Expenses$162,612
Net Income-$46,307
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 3, 2024
Return Version
2022v5.0
Gross Receipts
$116,305
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$141,664
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
2024-05-03
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES ADVISORY LLC
Address
2 BETHESDA METRO CENTER SUITE 420, 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: 19. Total to form 990-ez, line 14: 120,683.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 28,848. Description: other expenses. Amount: 91,835.

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

Description: allocated compensation. Amount: 19,984. Description: miscellaneous financial expenses. Amount: 1,031. Total to form 990-ez, line 16: 21,015.

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

Description: accounts receivable. Beg. Of year amount: 1,486. End of year amount: 6,981. Description: prepaid expenses. Beg. Of year amount: 3,234. End of year amount: 3,709. Description: tenant security deposits held in trust. Beg. Of year amount: 2,608. End of year amount: 2,609.

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: 146,853. End of year amount: 181,845. Description: tenant security deposit liabilities. Beg. Of year amount: 2,239. End of year amount: 2,239.

Raw XML Appendix188 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
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IRS990EZ/OperateHospitalInd00
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE AFFORDABLE HOUSING TO PERSONS WITH DISABILITIES UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.
IRS990EZ/ProgramServiceRevenueAmt016971
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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IRS990EZ/SchoolOperatingInd00
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IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 19. TOTAL TO FORM 990-EZ, LINE 14: 120,683.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 28,848. DESCRIPTION: OTHER EXPENSES. AMOUNT: 91,835.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ALLOCATED COMPENSATION. AMOUNT: 19,984. DESCRIPTION: MISCELLANEOUS FINANCIAL EXPENSES. AMOUNT: 1,031. TOTAL TO FORM 990-EZ, LINE 16: 21,015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 1,486. END OF YEAR AMOUNT: 6,981. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 3,234. END OF YEAR AMOUNT: 3,709. DESCRIPTION: TENANT SECURITY DEPOSITS HELD IN TRUST. BEG. OF YEAR AMOUNT: 2,608. END OF YEAR AMOUNT: 2,609.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: 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: 146,853. END OF YEAR AMOUNT: 181,845. 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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DALE MEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04103664299
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HAMILTON PARK HOMES INC
ReturnHeader/Filer/BusinessNameControlTxt0HAMI
ReturnHeader/Filer/EIN0522277389
ReturnHeader/Filer/PhoneNum04103664299
ReturnHeader/Filer/USAddress/AddressLine1Txt022 SOUTH HOWARD ST COMMERCIAL UNIT
ReturnHeader/Filer/USAddress/CityNm0BALTIMORE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873231666
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 BETHESDA METRO CENTER SUITE 420
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03016523464
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH CONNOLLY
ReturnHeader/ReturnTs02024-05-03T10:42:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DALE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MEYER
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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