Civic Intelligence

Development Ventures Incorporated

990 • Fiscal year 2016 • EIN 56-1461066

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

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

0.24x

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

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.96x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

83rd percentile

24%

Higher net margin than 83% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

87th percentile

$172,965

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

52nd percentile

1.9%

Faster asset growth than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-19%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$4,838,465

Up $89,177 (+1.9%) from 2015

Net Assets

Up

$3,665,304

Up $140,254 (+4.0%) from 2015

Liabilities

Down

$1,173,161

Down $51,077 (-4.2%) from 2015

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin83rd percentile

Revenue

Down

$1,228,037

Down $280,966 (-19%) from 2015

Expenses

Up

$932,451

Up $434,034 (+87%) from 2015

Net Income

Down

$295,586

Down $715,000 (-71%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth52nd 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

2016

Assets$4,838,465
Liabilities$1,173,161
Net Assets$3,665,304
Open 2016 Filing

Operations Trend

Revenue Growth17th 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

2016

Revenue$1,228,037
Expenses$932,451
Net Income$295,586
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$1,228,037
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$3,371,000$3,324,569▼ $46,431
Cash and Non-Interest-Bearing Accounts$506,284$777,617▲ $271,333
Accounts Receivable$859,574$736,279▼ $123,295
Total Assets$4,749,288$4,838,465▲ $89,177
Other Assets Total$12,430--
Liabilities
Unsecured Notes Loans Payable$996,154$996,467▲ $313
Other Liabilities$170,465$126,646▼ $43,819
Accounts Payable and Accrued Expenses$52,267$44,696▼ $7,571
Escrow Account Liability$5,352$5,352→ $0
Total Liabilities$1,224,238$1,173,161▼ $51,077
Net Assets / Fund Balance
Unrestricted Net Assets$3,525,050$3,665,304▲ $140,254
Total Net Assets Fund Balance$3,525,050$3,665,304▲ $140,254
Total Liabilities and Net Assets / Fund Balance$4,749,288$4,838,465▲ $89,177

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,545,745$279,660-
Land$92,700--
Leasehold Improvements$686,124$95,512-
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Anthony ScottCEOPT$113,440$113,440
Jeffrey CauseyFormer CFOPT$81,524$81,524

Board Members and Trustees

NameTitle
Thomas M NiemannChairman, Director
Barbara Fletcher LoftonDirector
Daniel C HudginsDirector
George QuickDirector
Gloria M NottinghamDirector
Robert GlennDirector
Larry D Yon IiVP and Director
Johnathan BlumCFO
Dallas J ParksFormer CEO
Revenue and Support

Revenue Composition

Contributions and Grants
$1,161,436
Program Service Revenue
$65,593
Investment Income
$1,008
Other Revenue
$0
Change in Net Assets
$295,586

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$494,647Fair Market Value
Total Noncash Contributions1$494,647-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,228,037
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,228,037
Total Revenue per Form 990
$1,228,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$557,325
Salaries, Compensation, and Employee Benefits$375,126
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$275,871--$275,871
Depreciation Depletion$212,569--$212,569
Fees for Services Other-$102,900-$102,900
Other Employee Benefits$99,255--$99,255
Fees for Services Legal-$81,665-$81,665
Other Expenses$41,293--$41,293
Fees for Services Management-$27,708-$27,708
Interest-$26,055-$26,055
Occupancy$18,013--$18,013
Insurance-$17,057-$17,057
Office Expenses-$12,842-$12,842
Fees for Services Accounting-$10,904-$10,904
Travel-$3,928-$3,928
Advertising$1,443--$1,443
All Other Expenses-$948-$948
Total Functional Expenses$648,444$284,007$0$932,451

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$932,451
Total Expenses per Audited Statements$932,451
Total Expenses per Form 990$932,451
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$121,192
Tenant Security Deposits$5,454
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 8B

“The organization has no committees.”

Form 990, Part VI, Section B, Line 11B

“The ceo reviews the return upon signing. A full copy of the form 990 is shared with the board prior to filing.”

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
CEO
Phone
9196831551
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Scott
Formed
1985
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

Firm
Cliftonlarsonallen Llp
Address
1966 GREENSPRING DRIVE SUITE 300, TIMONIUM, MD 21093-4161
Preparer
Patricia L Katebini CPA
Phone
4104530900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional services & consulting: program service expenses 0. Management and general expenses 102,900. Fundraising expenses 0. Total expenses 102,900.”

FORM 990, PART XI, LINE 9:

“Transfer of funds -155,332.”

FORM 990, PART IX, LINES 7-9:

“Dvi does not employ any individuals; however, amounts have been reported on form 990 part ix, lines 7-9 related to wages and benefits. The amounts reported on these lines to part ix correspond to actual amounts reimbursed to its parent organization, durham housing authority, who employs the individuals working on behalf of dvi. Dvi was not charged for any salaries or benefits for those working in the capacity of an officer during 2016.”

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. The organization also holds tenant security deposits in escrow. These amounts belong to the individual tenants.”

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IRS990/MissionDesc0THE MISSION OF DEVELOPMENT VENTURES INCORPORATED (DVI) IS TO DEVELOP AND OPERATE AFFORDABLE HOUSING COMMUNITIES SERVING RESIDENTS OF DURHAM, NORTH CAROLINA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03525050
IRS990/NetAssetsOrFundBalancesEOYAmt03665304
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoncashContributionsAmt0494647
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt018013
IRS990/OccupancyGrp/TotalAmt018013
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012842
IRS990/OfficeExpensesGrp/TotalAmt012842
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt012430
IRS990/OtherChangesInNetAssetsAmt0-155332
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt099255
IRS990/OtherEmployeeBenefitsGrp/TotalAmt099255
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt041293
IRS990/OtherExpensesGrp/TotalAmt041293
IRS990/OtherLiabilitiesGrp/BOYAmt0170465
IRS990/OtherLiabilitiesGrp/EOYAmt0126646
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0275871
IRS990/OtherSalariesAndWagesGrp/TotalAmt0275871
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0ANTHONY SCOTT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1TENANT REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt044873
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt120720
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044873
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt120720
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0980247
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0778
IRS990/PYOtherExpensesAmt0498417
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0527978
IRS990/PYRevenuesLessExpensesAmt01010586
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0498417
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01509003
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0295586
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt0504061
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt065593
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01161436
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0980247
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01304430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0291506
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0327502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04065121
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01008
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0778
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt075
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0228
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0370
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02459
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt065593
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0527978
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0519708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt027708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01142849
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01008
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0778
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt075
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0228
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0370
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02459
IRS990ScheduleA/InvestmentIncomeCYPct00.00050
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0700
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt044400
IRS990ScheduleA/OtherIncome509Grp/TotalAmt045100
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99100
IRS990ScheduleA/PublicSupportPY509Pct00.98830
IRS990ScheduleA/PublicSupportTotal509Amt05207970
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01227029
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01508225
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01824138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0319214
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0329364
IRS990ScheduleA/Total509Grp/TotalAmt05207970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01228037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01509003
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01824913
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0363842
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0329734
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05255529
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/BookValueAmt02545745
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0279660
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02825405
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0932451
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt092700
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt092700
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0686124
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt095512
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt0781636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05454
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1121192
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO INTER PROGRAMS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01228037
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. THE ORGANIZATION ALSO HOLDS TENANT SECURITY DEPOSITS IN ESCROW. THESE AMOUNTS BELONG TO THE INDIVIDUAL TENANTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03324569
IRS990ScheduleD/TotalExpensesPerForm990Amt0932451
IRS990ScheduleD/TotalLiabilityAmt0126646
IRS990ScheduleD/TotalRevenuePerForm990Amt01228037
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01228037
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0932451
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0144361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt09290
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt012801
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt06513
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DALLAS J PARKS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0172965
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0OFFICER EMPLOYEES ARE EMPLOYED BY THE DURHAM HOUSING AUTHORITY. 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
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd00
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0FORGIVENESS OF DEBT
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0FAIR MARKET VALUE
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd0X

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,838,465
Liabilities
$1,173,161
Net assets
$3,665,304
Revenue
$1,228,037
Expenses
$932,451
Net income
$295,586
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