Civic Intelligence

Guildfield Housing Development Corporation

990 • Fiscal year 2014 • EIN 54-1195325

Jan 01, 2014 to Dec 31, 2014 • Filed on May 10, 2015

180 Tributary RdDry Fork, VA 24549

(434) 432-1240

Siviq Scores

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

Liabilities / Assets

90th percentile

0.86x

Higher debt load relative to assets than 90% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

92nd percentile

1.66x

Higher debt load relative to revenue than 92% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

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

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

88th percentile

56%

Faster revenue growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$548,509

Up $72,685 (+15%) from 2013

Net Assets

Up

$77,641

Up $96,127 (+520%) from 2013

Liabilities

Down

$470,868

Down $23,442 (-4.7%) from 2013

Revenue

Up

$283,612

Up $102,166 (+56%) from 2013

Expenses

Up

$187,485

Up $21,164 (+13%) from 2013

Net Income

Up

$96,127

Up $81,002 (+536%) from 2013

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2010: $499,052Liabilities 2010: $555,646Net Assets 2010: -$56,5942010Assets 2011: $489,866Liabilities 2011: $534,308Net Assets 2011: -$44,4422011Assets 2012: $478,773Liabilities 2012: $512,384Net Assets 2012: -$33,6112012Assets 2013: $475,824Liabilities 2013: $494,310Net Assets 2013: -$18,4862013Assets 2014: $548,509Liabilities 2014: $470,868Net Assets 2014: $77,6412014Assets 2015: $543,390Liabilities 2015: $449,762Net Assets 2015: $93,6282015Assets 2016: $518,333Liabilities 2016: $427,125Net Assets 2016: $91,2082016Assets 2017: $515,744Liabilities 2017: $405,025Net Assets 2017: $110,7192017Assets 2018: $507,818Liabilities 2018: $384,858Net Assets 2018: $122,9602018Assets 2019: $492,653Liabilities 2019: $364,038Net Assets 2019: $128,6152019Assets 2020: $485,925Liabilities 2020: $356,203Net Assets 2020: $129,7222020Assets 2021: $523,431Liabilities 2021: $325,282Net Assets 2021: $198,1492021Assets 2022: $538,937Liabilities 2022: $305,967Net Assets 2022: $232,9702022Assets 2023: $556,342Liabilities 2023: $275,222Net Assets 2023: $281,1202023Assets 2024: $583,402Liabilities 2024: $274,627Net Assets 2024: $308,7752024

Highlighted filing

2014

Assets$548,509
Liabilities$470,868
Net Assets$77,641

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $159,8662010Revenue 2011: $173,791Expenses 2011: $161,639Net Income 2011: $12,1522011Expenses 2012: $165,4372012Revenue 2013: $181,446Expenses 2013: $166,321Net Income 2013: $15,1252013Revenue 2014: $283,612Expenses 2014: $187,485Net Income 2014: $96,1272014Revenue 2015: $190,956Expenses 2015: $174,969Net Income 2015: $15,9872015Revenue 2016: $195,143Expenses 2016: $197,563Net Income 2016: -$2,4202016Revenue 2017: $194,337Expenses 2017: $174,826Net Income 2017: $19,5112017Revenue 2018: $195,246Expenses 2018: $183,006Net Income 2018: $12,2402018Revenue 2019: $195,465Expenses 2019: $189,810Net Income 2019: $5,6552019Revenue 2020: $203,373Expenses 2020: $202,266Net Income 2020: $1,1072020Revenue 2021: $221,659Expenses 2021: $153,232Net Income 2021: $68,4272021Revenue 2022: $222,172Expenses 2022: $187,351Net Income 2022: $34,8212022Revenue 2023: $230,904Expenses 2023: $182,754Net Income 2023: $48,1502023Revenue 2024: $263,925Expenses 2024: $236,270Net Income 2024: $27,6552024

Highlighted filing

2014

Revenue$283,612
Expenses$187,485
Net Income$96,127
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 10, 2015
Return Version
2014v5.0
Gross Receipts
$283,612
Mission and Program Overview

Mission

To provide quality housing to low and moderate income residents of the community. Quality and safe housing to seniors and tenants with limitedincome.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$318,096$387,224▲ $69,128
Cash and Non-Interest-Bearing Accounts$28,684$21,756▼ $6,928
Savings and Temporary Cash Investments$10,582$9,876▼ $706
Pledges and Grants Receivable$9,546$9,606▲ $60
Prepaid Expenses and Deferred Charges$4,080$4,080→ $0
Total Assets$475,824$548,509▲ $72,685
Other Assets Total$104,836$115,967▲ $11,131
Liabilities
Mortgage Notes Payable Secured by Investment Property$482,447$461,328▼ $21,119
Unsecured Notes Loans Payable$6,048$5,844▼ $204
Accounts Payable and Accrued Expenses$4,480$1,861▼ $2,619
Deferred Revenue$1,335$1,835▲ $500
Total Liabilities$494,310$470,868▼ $23,442
Net Assets / Fund Balance
Unrestricted Net Assets$-18,486$77,641▲ $96,127
Total Net Assets Fund Balance$-18,486$77,641▲ $96,127
Total Liabilities and Net Assets / Fund Balance$475,824$548,509▲ $72,685

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$288,108$799,131$1,087,239
Land$93,902-$93,902
Equipment$5,214-$5,214
Other Assets Org$115,967--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bernard MotleyPresident
Edward JonesVice Chairman
Glorial EcholsVice President
Doris MorrisonDirector
Ernest MotleyDirector
Gladys CarterDirector
Katie JonesSecretary
Thelma DickersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$310
Program Service Revenue
$184,847
Investment Income
$98,455
Other Revenue
$0
Change in Net Assets
$96,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$283,612
Total Revenue per Audited Statements
$283,612
Total Revenue per Form 990
$283,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$187,485
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$69,787--$69,787
Fees for Services Management-$35,238-$35,238
Depreciation Depletion$33,433--$33,433
Other Expenses$31,991--$31,991
Insurance$11,620--$11,620
Interest$4,710--$4,710
Fees for Services Other-$706-$706
Total Functional Expenses$151,541$35,944$0$187,485

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$187,486
Total Expenses per Audited Statements$187,486
Total Expenses per Form 990$187,486
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

The organization has members who meet annually to review the sucesses of thecorporation in achieving the housing goals set before the corporation.

Member election for additional members Part VI line 7A

At the annual meeting of the members, the board of directors and officers arevoted into office by the membership body.

Governing body decisions Part VI line 7B

The governing body elects a board of directors and set the goals to be accomplished by the organization for the new year.

Form 990 governing body review Part VI line 11

Form 990 are available to board members

Governing documents etc available to public Part VI line 19

Minutes of the annual meetings of the membership and board of directors, auditreports, and property management reports are made available upon request.

Filing and Contact Details

Filer

Filer Name
Guildfield Housing Development
EIN
54-1195325
Address
180 TRIBUTARY RD, DRY FORK, VA 24549
Doing Business As
Corporation

Signing Officer

Name
Thelma Dickerson
Title
Treasurer
Phone
4344321240
Signed
2015-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thelma Dickerson
Formed
1968
Legal Domicile
Va
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Accounting Management Service
Address
498 ARNETT BLVD, Danville, VA 24540
Preparer
Jayne D Reynolds
Phone
4347934040
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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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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0166812
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0881186
IRS990ScheduleA/InvestmentIncomeCYPct01.00000
IRS990ScheduleA/InvestmentIncomePYPct01.00000
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00310
IRS990ScheduleA/PublicSupportTotal509Amt02758
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0310
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0550
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0482
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0919
IRS990ScheduleA/Total509Grp/TotalAmt02758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0185157
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0181290
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0176134
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0173632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0167731
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0883944
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/DirectContactLegislatorsInd0false
IRS990ScheduleC/GrantsOtherOrganizationsInd0false
IRS990ScheduleC/MailingsMembersInd0false
IRS990ScheduleC/MediaAdvertisementsInd0false
IRS990ScheduleC/NotDescribedSection501c3Ind0false
IRS990ScheduleC/OtherActivitiesInd0false
IRS990ScheduleC/PaidStaffOrManagementInd0false
IRS990ScheduleC/PublicationsOrBroadcastInd0false
IRS990ScheduleC/RalliesDemonstrationsInd0false
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0TYPICALLY THE ACCOMPLISHMENT OF THE CORPORATE GOAL ARE REVIEWED ANNUALLY AT THE MEMBERSHIP MEETING. INTERIM MEETINGS ARE SET IF STATEGIC PLANNING IS REQUIRED TOACCOMPLISH THE ANNUAL GOALS.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0Activities to influence legislation (Part II-B, lines 1a - 1h)
IRS990ScheduleC/VolunteersInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0288108
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0799131
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01087239
IRS990ScheduleD/EquipmentGrp/BookValueAmt05214
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05214
IRS990ScheduleD/ExpensesSubtotalAmt0187486
IRS990ScheduleD/LandGrp/BookValueAmt093902
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt093902
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0115967
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESERVES IN ESCROW
IRS990ScheduleD/RevenueSubtotalAmt0283612
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0387224
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0115967
IRS990ScheduleD/TotalExpensesPerForm990Amt0187486
IRS990ScheduleD/TotalRevenuePerForm990Amt0283612
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0283612
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0187486
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS WHO MEET ANNUALLY TO REVIEW THE SUCESSES OF THECORPORATION IN ACHIEVING THE HOUSING GOALS SET BEFORE THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE ANNUAL MEETING OF THE MEMBERS, THE BOARD OF DIRECTORS AND OFFICERS AREVOTED INTO OFFICE BY THE MEMBERSHIP BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING BODY ELECTS A BOARD OF DIRECTORS AND SET THE GOALS TO BE ACCOMPLISHED BY THE ORGANIZATION FOR THE NEW YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 ARE AVAILABLE TO BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MINUTES OF THE ANNUAL MEETINGS OF THE MEMBERSHIP AND BOARD OF DIRECTORS, AUDITREPORTS, AND PROPERTY MANAGEMENT REPORTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing body decisions Part VI line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt0548509
IRS990/TotalAssetsGrp/BOYAmt0475824
IRS990/TotalAssetsGrp/EOYAmt0548509
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0310
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035944
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151541
IRS990/TotalFunctionalExpensesGrp/TotalAmt0187485
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0494310
IRS990/TotalLiabilitiesEOYAmt0470868
IRS990/TotalLiabilitiesGrp/BOYAmt0494310
IRS990/TotalLiabilitiesGrp/EOYAmt0470868
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-18486
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt077641
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0151541
IRS990/TotalProgramServiceRevenueAmt0184847
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0283302
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0283612
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0475824
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0548509
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-18486
IRS990/UnrestrictedNetAssetsGrp/EOYAmt077641
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt06048
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt05844
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04556 DRY FORK RD
IRS990/USAddress/CityNm0DRY FORK
IRS990/USAddress/StateAbbreviationCd0VA
IRS990/USAddress/ZIPCd024549
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THELMA DICKERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04344321240
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GUILDFIELD HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0GUIL
ReturnHeader/Filer/EIN0541195325
ReturnHeader/Filer/USAddress/AddressLine1Txt0180 TRIBUTARY RD
ReturnHeader/Filer/USAddress/CityNm0DRY FORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd024549
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0541562519
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ACCOUNTING MANAGEMENT SERVICE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0498 ARNETT BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Danville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd024540
ReturnHeader/PreparerPersonGrp/PhoneNum04347934040
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAYNE D REYNOLDS
ReturnHeader/ReturnTs02015-05-08T12:55:33-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.83$2.75$3.09$2.64$2.36$0.28
2023Detailed filing. Detailed filing data is available for this year.$5.56$2.75$2.81$2.31$1.83$0.48
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.39$3.06$2.33$2.22$1.87$0.35
2021Detailed filing. Detailed filing data is available for this year.$5.23$3.25$1.98$2.22$1.53$0.68
2020Detailed filing. Detailed filing data is available for this year.$4.86$3.56$1.30$2.03$2.02$0.01
2019Detailed filing. Detailed filing data is available for this year.$4.93$3.64$1.29$1.95$1.90$0.06
2018Detailed filing. Detailed filing data is available for this year.$5.08$3.85$1.23$1.95$1.83$0.12
2017Detailed filing. Detailed filing data is available for this year.$5.16$4.05$1.11$1.94$1.75$0.20
2016Detailed filing. Detailed filing data is available for this year.$5.18$4.27$0.91$1.95$1.98$0.02
2015Detailed filing. Detailed filing data is available for this year.$5.43$4.50$0.94$1.91$1.75$0.16
2014Detailed filing. Detailed filing data is available for this year.$5.49$4.71$0.78$2.84$1.87$0.96
2013Detailed filing. Detailed filing data is available for this year.$4.76$4.94$0.18$1.81$1.66$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.79$5.12$0.34$1.65
2011Summary only. Only limited summary data is available for this year.$4.90$5.34$0.44$1.74$1.62$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.99$5.56$0.57$1.60