Civic Intelligence

Religious Coalition for Community Renewal Inc.

990 • Fiscal year 2015 • EIN 55-0670839

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 11, 2016

1516 Washington Street EastCharleston, WV 25311

(304) 343-6398

Siviq Scores

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

Liabilities / Assets

77th percentile

0.46x

Higher debt load relative to assets than 77% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

1.07x

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

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

12th percentile

-25%

Higher net margin than 12% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

59th percentile

$80,428

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 9.5% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

36th percentile

-2.1%

Faster asset growth than 36% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

70th percentile

14%

Faster revenue growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$1,970,539

Down $42,420 (-2.1%) from 2014

Net Assets

Down

$1,063,500

Down $213,646 (-17%) from 2014

Liabilities

Up

$907,039

Up $171,226 (+23%) from 2014

Revenue

Up

$843,875

Up $105,184 (+14%) from 2014

Expenses

Up

$1,057,521

Up $246,306 (+30%) from 2014

Net Income

Down

-$213,646

Down $141,122 (-195%) from 2014

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $1,312,853Liabilities 2010: $601,534Net Assets 2010: $711,3192010Assets 2011: $1,668,118Liabilities 2011: $960,741Net Assets 2011: $707,3772011Assets 2012: $2,299,862Liabilities 2012: $1,176,139Net Assets 2012: $1,123,7232012Assets 2013: $2,145,591Liabilities 2013: $795,921Net Assets 2013: $1,349,6702013Assets 2014: $2,012,959Liabilities 2014: $735,813Net Assets 2014: $1,277,1462014Assets 2015: $1,970,539Liabilities 2015: $907,039Net Assets 2015: $1,063,5002015Assets 2016: $1,880,415Liabilities 2016: $667,712Net Assets 2016: $1,212,7032016Assets 2017: $1,661,287Liabilities 2017: $389,143Net Assets 2017: $1,272,1442017Assets 2018: $1,953,130Liabilities 2018: $818,661Net Assets 2018: $1,134,4692018Assets 2019: $1,565,088Liabilities 2019: $298,970Net Assets 2019: $1,266,1182019Assets 2020: $1,569,248Liabilities 2020: $192,833Net Assets 2020: $1,376,4152020Assets 2021: $1,544,262Liabilities 2021: $232,337Net Assets 2021: $1,311,9252021Assets 2022: $2,054,951Liabilities 2022: $720,738Net Assets 2022: $1,334,2132022Assets 2023: $2,976,705Liabilities 2023: $1,954,097Net Assets 2023: $1,022,6082023Assets 2024: $2,880,292Liabilities 2024: $1,902,053Net Assets 2024: $978,2392024

Highlighted filing

2015

Assets$1,970,539
Liabilities$907,039
Net Assets$1,063,500

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,065,9152010Expenses 2011: $605,1022011Expenses 2012: $1,282,4502012Revenue 2013: $1,504,736Expenses 2013: $1,288,002Net Income 2013: $216,7342013Revenue 2014: $738,691Expenses 2014: $811,215Net Income 2014: -$72,5242014Revenue 2015: $843,875Expenses 2015: $1,057,521Net Income 2015: -$213,6462015Revenue 2016: $1,424,303Expenses 2016: $1,275,100Net Income 2016: $149,2032016Revenue 2017: $1,103,447Expenses 2017: $1,044,006Net Income 2017: $59,4412017Revenue 2018: $507,382Expenses 2018: $645,057Net Income 2018: -$137,6752018Revenue 2019: $1,393,603Expenses 2019: $1,261,954Net Income 2019: $131,6492019Revenue 2020: $958,115Expenses 2020: $847,818Net Income 2020: $110,2972020Revenue 2021: $957,013Expenses 2021: $1,021,503Net Income 2021: -$64,4902021Revenue 2022: $1,412,563Expenses 2022: $1,390,275Net Income 2022: $22,2882022Revenue 2023: $1,097,787Expenses 2023: $1,409,392Net Income 2023: -$311,6052023Revenue 2024: $1,857,204Expenses 2024: $1,901,574Net Income 2024: -$44,3702024

Highlighted filing

2015

Revenue$843,875
Expenses$1,057,521
Net Income-$213,646
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$843,875
Mission and Program Overview

Mission

Foster safe, decent, affordable housing to address the problems faced by the homeless, those at risk of becoming homeless, and low income members of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$736,653$698,652▼ $38,001
Inventories for Sale or Use$662,316$674,138▲ $11,822
Pledges and Grants Receivable$21,568$17,616▼ $3,952
Accounts Receivable$1,967$2,062▲ $95
Prepaid Expenses and Deferred Charges$1,312$900▼ $412
Cash and Non-Interest-Bearing Accounts$3,085$894▼ $2,191
Total Assets$2,012,959$1,970,539▼ $42,420
Other Assets Total$586,058$576,277▼ $9,781
Liabilities
Mortgage Notes Payable Secured by Investment Property$619,616$811,583▲ $191,967
Accounts Payable and Accrued Expenses$76,283$54,017▼ $22,266
Other Liabilities$36,471$37,996▲ $1,525
Deferred Revenue$3,443$3,443→ $0
Total Liabilities$735,813$907,039▲ $171,226
Net Assets / Fund Balance
Temporarily Rstr Net Assets$568,347$594,865▲ $26,518
Unrestricted Net Assets$708,799$468,635▼ $240,164
Total Net Assets Fund Balance$1,277,146$1,063,500▼ $213,646
Total Liabilities and Net Assets / Fund Balance$2,012,959$1,970,539▼ $42,420

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$178,232$747,612$925,844
Buildings$279,319$413,088$692,407
Land$208,298-$208,298
Equipment$32,803$79,879$112,682
Other Assets Org$140,308--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Debra PayneExecutive DiFT$78,024$2,404$80,428

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$370,288
Program Service Revenue
$451,697
Investment Income
$1
Other Revenue
$21,889
All Other Contributions
$58,193
Change in Net Assets
$-213,646

Audited Revenue Reconciliation

Revenue per Audited Statements
$514,288
Revenue Not Reported on Financial Statements
$329,587
Other Revenue Adjustments
$329,587
Total Revenue per Audited Statements
$514,288
Total Revenue per Form 990
$843,875
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$718,780
Salaries, Compensation, and Employee Benefits$338,741
Total Fundraising Expense$18,155
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$169,794$45,243$2,569$217,606
Occupancy$104,639$20,993-$125,632
Current Officers, Directors, Trustees, and Key Employees$32,171$36,193$12,064$80,428
Depreciation Depletion$48,148$13,229-$61,377
Payroll Taxes$16,123$6,285$1,231$23,639
Office Expenses$11,085$11,787-$22,872
Other Expenses$22,194--$22,194
Fees for Services Other$16,093$638-$16,731
Fees for Services Accounting$15,165--$15,165
Other Employee Benefits$9,995$3,142$310$13,447
Interest-$10,074-$10,074
Insurance$7,773$1,444-$9,217
All Other Expenses$5,389$1,744$1,923$9,056
Pension Plan Contributions$3,318$245$58$3,621
Conferences and Meetings$2,971$620-$3,591
Fees for Services Legal-$2,858-$2,858
Travel$889$738-$1,627
Total Functional Expenses$884,133$155,233$18,155$1,057,521

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,057,521
Expenses per Audited Statements$727,934
Total Expenses per Audited Statements$727,934
Expenses Not Reported on Financial Statements$329,587
Other Expense Adjustments$329,587
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$14,413
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bean Dinner$19,826$13,076-$13,076
Total Events$19,826$13,076-$13,076
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll, Taxes and Vacation$26,355
Security Deposits$11,641
Accrued Health Reimbursement Expense-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Form 990, Page 6, Part VI, Line 6

The corporation has three classes of members: a. Congregational members (non-voting) - any religious faith community that supports the purposes of the corporation as set forth in its articles of incorporation, and pays annual dues by thirty business days prior to the annual meeting of the directors. B board of directors (voting) - consists of fifteen (15) members elected by the current directors. At least one-third of the directors shall be either residents of low-income neighborhoods, persons of low income, or elected representatives of low-income neighborhood organizations as defined by the west virginia housing development fund. No more than one-third of the directors may consist of representatives of the public sector, which includes elected officials, appointed public officials and public employees or anyone appointed by a public official. C. Associate board members (non-voting) - up to nine (9) individuals appointed by the directors to act in an advisory capacity.

Form 990, Page 6, Part VI, Line 7A

The board of directors are elected annually by the current board of directors. Directors serve three year terms and cannot serve more than two consecutive terms without at least a one year hiatus from board membership.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed for completeness and accuracy by the executive director and the treasurer (as the board representative) prior to filing. The treasurer informs the board at its next meeting that the return has been filed, a public inspection copy has been made available in the organization's main office, and a complete copy will be provided to any board member upon request. The treasurer will also typically make a copy of the return available for review at this meeting and discuss with the board any significant changes or observations that come from the return preparation engagement.

Form 990, Page 6, Part VI, Line 12C

Annually, each employee is given a copy of the organization's policy regarding conflicts of interest, which is reviewed and discussed with the employees at a regular staff meeting. Also annually, the board of directors and associate board members are asked to attest in writing that he or she is in compliance with the policy and/ or make written disclosures of financial activities that might present a conflict of interest. The organization's executive director approves all expenditures and monitors any area of potential conflict in financial interests. Additionally, the treasurer reviews the organization's financial statements each month and includes in his report to the full board any items that may suggest the need for further inquiry or monitoring

Form 990, Page 6, Part VI, Line 15A

Compensation for the executive director is reviewed annually by the board of directors. The board seeks such input as is necessary to reach an informed decision regarding the appropriate salary and benefits.

Form 990, Page 6, Part VI, Line 15B

Employee compensation is reviewed annually by the executive director. Any modifications in compensation or benefits is approved by the board of directors as part of the annual budget process.

Form 990, Page 6, Part VI, Line 19

The organization's governing documents and form 990 are available for inspection in the organization's main office during the normal business hours. Advance notice is requested.

Filing and Contact Details

Filer

Filer Name
Religious Coalition for Community
EIN
55-0670839
Phone
3043436398
Address
1516 WASHINGTON STREET EAST, CHARLESTON, WV 25311

Signing Officer

Name
Debra Payne
Title
Executive Director
Phone
3043466398
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Payne
Formed
1987
Legal Domicile
Wv
Voting Board Members
15
Independent Board Members
15
Employees
8

Preparer

Firm
Blair & Company Ac
Address
PO BOX 1991, CHARLESTON, WV 25327
Preparer
William S Lutz
Phone
3043434603
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Cost to construct homes sold -329,587 cost to construct homes sold 329,587

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 4B

Cost to construct homes sold 329,587

Schedule D, Page 4, Part XII, Line 4B

Cost to construct homes sold 329,587

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IRS990/Form990PartVIISectionAGrp/TitleTxt2CLERGY VICE-
IRS990/Form990PartVIISectionAGrp/TitleTxt3LAY VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
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IRS990/LandBldgEquipCostOrOtherBssAmt01939231
IRS990/LegalDomicileStateCd0WV
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IRS990/LocalChaptersInd0false
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IRS990/MinutesOfCommitteesInd0true
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0586058
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IRS990/OtherExpensesGrp/Desc1CHDO LOANS FORGIVEN
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IRS990/OtherExpensesGrp/Desc3DEVELOPMENT SELLING & ADM
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IRS990/OtherExpensesGrp/ProgramServicesAmt160093
IRS990/OtherExpensesGrp/ProgramServicesAmt228706
IRS990/OtherExpensesGrp/ProgramServicesAmt322194
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IRS990/ProgramServiceRevenueGrp/Desc2HOUSING COUNSELING
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1155480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211217
IRS990/ProgSrvcAccomActy2Grp/Desc0TRANSITIONAL HOUSING. RCCR OWNS AND OPERATES THE SAMARITAN INN, WHICH PROVIDES TRANSITIONAL RESIDENTIAL LIVING WITH SUPPORTIVE SERVICES TO HOMELESS ADULT MEN. THE INN HAS A CAPACITY TO SERVE THIRTEEN (13) AT ONCE, WHOM MAY STAY FOR UP TO TWENTY-FOUR (24) MONTHS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0HOME OWNERSHIP. RCCR CONDUCTS HOUSING DEVELOPMENT AND HOME OWNERSHIP COUNSELING PROGRAMS TO ENCOURAGE AND SUPPORT AFFORDABLE, SAFE AND WELL MAINTAINED HOME OWNERSHIP FOR INDIVIDUALS LIVING IN THE SERVICE AREA OF KANAWHA, BOONE, PUTNAM AND FAYETTE COUNTIES. INDIVIDUALS WHOSE INCOME IS EIGHTY (80%) PERCENT OR LESS THAN THE MEDIAN INCOME OF THE SERVICE AREA ARE ELIGIBLE TO RECEIVE PROGRAM SERVICES, WHICH INCLUDE HOME BUYING AND OWNERSHIP EDUCATION; BUDGET AND CREDIT COUNSELING; FORECLOSURE PREVENTION; AND DEVELOPMENT OF HOUSING WITH DOWN PAYMENT ASSISTANCE AND LOW INTEREST RATE LOANS TO QUALIFYING LOW INCOME HOME BUYERS.
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-213646
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0169875
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER, INCLUDING HEALTH CARE CREDIT 7,902
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0865588
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0934480
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0417078
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05910
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06237
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0459174
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0313104
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0625156
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0757437
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02154871
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt013076

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.88$1.90$0.98$1.86$1.90$0.04
2023Detailed filing. Detailed filing data is available for this year.$2.98$1.95$1.02$1.10$1.41$0.31
2022Detailed filing. Detailed filing data is available for this year.$2.05$0.72$1.33$1.41$1.39$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.54$0.23$1.31$0.96$1.02$0.06
2020Detailed filing. Detailed filing data is available for this year.$1.57$0.19$1.38$0.96$0.85$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.57$0.30$1.27$1.39$1.26$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.95$0.82$1.13$0.51$0.65$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.39$1.27$1.10$1.04$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.88$0.67$1.21$1.42$1.28$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.97$0.91$1.06$0.84$1.06$0.21
2014Detailed filing. Detailed filing data is available for this year.$2.01$0.74$1.28$0.74$0.81$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.15$0.80$1.35$1.50$1.29$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.30$1.18$1.12$1.28
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.96$0.71$0.61
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.31$0.60$0.71$1.07