Civic Intelligence

Development Ventures Incorporated

990 • Fiscal year 2015 • EIN 56-1461066

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 10, 2016

Organization ProfileN/A
330 E Main StreetDurham, NC 27701

(919) 683-1551

Siviq Scores

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

Liabilities / Assets

65th percentile

0.26x

Higher debt load relative to assets than 65% of similar nonprofits.

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

Liabilities / Revenue

82nd percentile

0.81x

Higher debt load relative to revenue than 82% of similar nonprofits.

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

Net Margin

95th percentile

67%

Higher net margin than 95% of similar nonprofits.

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

Top Officer Pay

94th percentile

$282,391

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

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

Asset Growth

90th percentile

45%

Faster asset growth than 90% of similar nonprofits.

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

Revenue Growth

16th percentile

-17%

Faster revenue growth than 16% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$4,749,288

Up $1,480,644 (+45%) from 2014

Net Assets

Up

$3,525,050

Up $1,010,586 (+40%) from 2014

Liabilities

Up

$1,224,238

Up $470,058 (+62%) from 2014

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin95th percentile

Revenue

Down

$1,509,003

Down $315,910 (-17%) from 2014

Expenses

Up

$498,417

Up $261,293 (+110%) from 2014

Net Income

Down

$1,010,586

Down $577,203 (-36%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth90th percentile

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

$30M$20M$10M$0Assets 2010: $587,500Liabilities 2010: $38,520Net Assets 2010: $548,9802010Assets 2011: $592,906Liabilities 2011: $115,654Net Assets 2011: $477,2522011Assets 2012: $804,373Liabilities 2012: $8,446Net Assets 2012: $795,9272012Assets 2013: $993,389Liabilities 2013: $66,714Net Assets 2013: $926,6752013Assets 2014: $3,268,644Liabilities 2014: $754,180Net Assets 2014: $2,514,4642014Assets 2015: $4,749,288Liabilities 2015: $1,224,238Net Assets 2015: $3,525,0502015Assets 2016: $4,838,465Liabilities 2016: $1,173,161Net Assets 2016: $3,665,3042016Assets 2017: $8,145,265Liabilities 2017: $1,264,986Net Assets 2017: $6,880,2792017Assets 2018: $7,776,680Liabilities 2018: $871,128Net Assets 2018: $6,905,5522018Assets 2019: $7,676,452Liabilities 2019: $1,227,063Net Assets 2019: $6,449,3892019Assets 2020: $7,717,790Liabilities 2020: $1,379,985Net Assets 2020: $6,337,8052020Assets 2021: $7,628,220Liabilities 2021: $1,334,981Net Assets 2021: $6,293,2392021Assets 2022: $7,605,902Liabilities 2022: $1,348,148Net Assets 2022: $6,257,7542022Assets 2023: $12,661,500Liabilities 2023: $1,626,486Net Assets 2023: $11,035,0142023Assets 2024: $23,990,842Liabilities 2024: $10,876,935Net Assets 2024: $13,113,9072024

Highlighted filing

2015

Assets$4,749,288
Liabilities$1,224,238
Net Assets$3,525,050
Open 2015 Filing

Operations Trend

Revenue Growth16th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $212,6992010Expenses 2011: $78,3492011Expenses 2012: $11,0592012Revenue 2013: $363,842Expenses 2013: $233,094Net Income 2013: $130,7482013Revenue 2014: $1,824,913Expenses 2014: $237,124Net Income 2014: $1,587,7892014Revenue 2015: $1,509,003Expenses 2015: $498,417Net Income 2015: $1,010,5862015Revenue 2016: $1,228,037Expenses 2016: $932,451Net Income 2016: $295,5862016Revenue 2017: $373,836Expenses 2017: $556,788Net Income 2017: -$182,9522017Revenue 2018: $507,774Expenses 2018: $545,459Net Income 2018: -$37,6852018Revenue 2019: $186,411Expenses 2019: $642,574Net Income 2019: -$456,1632019Revenue 2020: $284,433Expenses 2020: $396,017Net Income 2020: -$111,5842020Revenue 2021: $167,042Expenses 2021: $316,877Net Income 2021: -$149,8352021Revenue 2022: $244,976Expenses 2022: $361,617Net Income 2022: -$116,6412022Revenue 2023: $550,587Expenses 2023: $732,240Net Income 2023: -$181,6532023Revenue 2024: $4,862,543Expenses 2024: $2,315,861Net Income 2024: $2,546,6822024

Highlighted filing

2015

Revenue$1,509,003
Expenses$498,417
Net Income$1,010,586
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$1,509,003
Mission and Program Overview

Mission

The mission of development ventures incorporated is to develop and operate affordable housing communities serving residents of durham, north carolina.

Development of low income housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,601,249$3,371,000▲ $769,751
Accounts Receivable$450,766$859,574▲ $408,808
Cash and Non-Interest-Bearing Accounts$9,649$506,284▲ $496,635
Total Assets$3,226,998$4,749,288▲ $1,522,290
Other Assets Total$165,334$12,430▼ $152,904
Liabilities
Unsecured Notes Loans Payable$706,528$996,154▲ $289,626
Other Liabilities$654$170,465▲ $169,811
Accounts Payable and Accrued Expenses-$52,267-
Escrow Account Liability$5,352$5,352→ $0
Total Liabilities$712,534$1,224,238▲ $511,704
Net Assets / Fund Balance
Unrestricted Net Assets$2,514,464$3,025,049▲ $510,585
Temporarily Rstr Net Assets-$500,001-
Total Net Assets Fund Balance$2,514,464$3,525,050▲ $1,010,586
Total Liabilities and Net Assets / Fund Balance$3,226,998$4,749,288▲ $1,522,290

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,902,769$26,532-
Land$92,700--
Leasehold Improvements$375,531$146,506-
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Jeffrey CauseyCFOPT$132,196$132,196

Board Members and Trustees

NameTitle
Thomas M NiemannChairman, Director
George K QuickVice President, Director
Barbara F LoftonDirector
Daniel C HudginsDirector
Gloria M NottinghamDirector
Kimberly CameronDirector
Larry Yon IiDirector
Dallas J ParksCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$980,247
Program Service Revenue
$527,978
Investment Income
$778
Other Revenue
$0
Change in Net Assets
$1,010,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,509,003
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,509,003
Total Revenue per Form 990
$1,509,003
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$498,417
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
Fees for Services Other-$288,235-$288,235
Depreciation Depletion$75,752--$75,752
Fees for Services Legal-$29,307-$29,307
Fees for Services Management-$28,451-$28,451
Interest-$15,228-$15,228
Fees for Services Accounting-$10,762-$10,762
Insurance-$10,165-$10,165
Occupancy$5,555--$5,555
All Other Expenses$1,610$20-$1,630
Other Expenses$521--$521
Office Expenses-$81-$81
Total Functional Expenses$116,168$382,249$0$498,417

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$498,417
Total Expenses per Audited Statements$498,417
Total Expenses per Form 990$498,417
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Inter Programs$169,534
Tenant Security Deposits$931
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The housing authority for the city of durham is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“The commissioners of the housing authority of the city of durham shall elect the directors of the organization.”

Form 990, Part VI, Section B, Line 11

“The ceo reviews the return upon signing.”

Form 990, Part VI, Section B, Line 12C

“Officers and key employees are required to annually disclose interests that could give rise to conflict, but board members are not required. The policy was adopted in 2008. The staff has been trained on compliance.”

Form 990, Part VI, Section C, Line 19

“The organization makes it governing documents, conflict of interest policy and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Development Ventures Inc
EIN
56-1461066
Phone
9196831551
Address
330 E MAIN STREET, DURHAM, NC 27701

Signing Officer

Name
Anthony Scott
Title
President
Phone
9196831551
Signed
2016-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Scott
Formed
1985
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Cliftonlarsonallen Llp
Address
1966 GREENSPRING DRIVE SUITE 300, TIMONIUM, MD 21093-4161
Preparer
David Trimner
Phone
4104530900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional services & consulting : program service expenses 0. Management and general expenses 288,235. Fundraising expenses 0. Total expenses 288,235.”

Financial Statement Notes

PART IV, LINE 2B:

“The organization holds funds on behalf of the community builders, inc for the holman homes development. These funds relate to a hope vi grant project.”

Raw XML AppendixShowing 400 of 663 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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IRS990/PYOtherRevenueAmt0700
IRS990/PYProgramServiceRevenueAmt0519708
IRS990/PYRevenuesLessExpensesAmt01587789
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0237124
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01824913
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01010586
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt0409632
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0527978
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0980247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01304430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0291506
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0327502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02903685
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0778
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0370
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0720
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02171
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0527978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0519708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt027708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05901
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01083157
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0778
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0370
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0720
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02171
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00080
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0700
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt044400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt045100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98830
IRS990ScheduleA/PublicSupportPY509Pct00.98220
IRS990ScheduleA/PublicSupportTotal509Amt03986842
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01508225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01824138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0319214
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0329364
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05901
IRS990ScheduleA/Total509Grp/TotalAmt03986842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01509003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01824913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0363842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0329734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06621
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04034113
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt02902769
IRS990ScheduleD/BuildingsGrp/DepreciationAmt026532
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02929301
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0498417
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt092700
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt092700
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0375531
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0146506
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0522037
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0931
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1169534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO INTER PROGRAMS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01509003
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HOLDS FUNDS ON BEHALF OF THE COMMUNITY BUILDERS, INC FOR THE HOLMAN HOMES DEVELOPMENT. THESE FUNDS RELATE TO A HOPE VI GRANT PROJECT.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03371000
IRS990ScheduleD/TotalExpensesPerForm990Amt0498417
IRS990ScheduleD/TotalLiabilityAmt0170465
IRS990ScheduleD/TotalRevenuePerForm990Amt01509003
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01509003
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0498417
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt015000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0195000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt035276
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021298
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt015817
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DALLAS J PARKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0282391
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0ALL EMPLOYEES ARE EMPLOYED BY THE DURHAM HOUSING AUTHORITY. THERE ARE NO DIRECT EMPLOYEES OF THIS ORGANIZATION. SALARIES FOR THE OFFICERS OF THE DURHAM HOUSING AUTHORITY ARE DETERMINED BY THE BOARD OF THE DURHAM HOUSING AUTHORITY.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE HOUSING AUTHORITY FOR THE CITY OF DURHAM IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMMISSIONERS OF THE HOUSING AUTHORITY OF THE CITY OF DURHAM SHALL ELECT THE DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CEO REVIEWS THE RETURN UPON SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT, BUT BOARD MEMBERS ARE NOT REQUIRED. THE POLICY WAS ADOPTED IN 2008. THE STAFF HAS BEEN TRAINED ON COMPLIANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROFESSIONAL SERVICES & CONSULTING : PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 288,235. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 288,235.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0DURHAM HOUSING AUTHORITY

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$4,749,288
Liabilities
$1,224,238
Net assets
$3,525,050
Revenue
$1,509,003
Expenses
$498,417
Net income
$1,010,586
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$24.0$10.9$13.1$4.86$2.32$2.55
2023Detailed filing. Detailed filing data is available for this year.$12.7$1.63$11.0$0.55$0.73$0.18
2022Detailed filing. Detailed filing data is available for this year.$7.61$1.35$6.26$0.24$0.36$0.12
2021Detailed filing. Detailed filing data is available for this year.$7.63$1.33$6.29$0.17$0.32$0.15
2020Detailed filing. Detailed filing data is available for this year.$7.72$1.38$6.34$0.28$0.40$0.11
2019Detailed filing. Detailed filing data is available for this year.$7.68$1.23$6.45$0.19$0.64$0.46
2018Detailed filing. Detailed filing data is available for this year.$7.78$0.87$6.91$0.51$0.55$0.04
2017Detailed filing. Detailed filing data is available for this year.$8.15$1.26$6.88$0.37$0.56$0.18
2016Detailed filing. Detailed filing data is available for this year.$4.84$1.17$3.67$1.23$0.93$0.30
2015Detailed filing. Detailed filing data is available for this year.$4.75$1.22$3.53$1.51$0.50$1.01
2014Detailed filing. Detailed filing data is available for this year.$3.27$0.75$2.51$1.82$0.24$1.59
2013Detailed filing. Detailed filing data is available for this year.$0.99$0.07$0.93$0.36$0.23$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.01$0.80$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.12$0.48$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.04$0.55$0.21