Civic Intelligence

Brick Capital Community Development Corporation

990 • Fiscal year 2016 • EIN 56-1706757

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

Organization ProfileWWW.BRICKCAPITALCDC.COM
P O Box 568Sanford, NC 27331-0568

(919) 775-2300

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.60x

Higher debt load relative to assets than 83% of similar nonprofits.

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

Liabilities / Revenue

94th percentile

3.81x

Higher debt load relative to revenue than 94% of similar nonprofits.

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

Net Margin

66th percentile

8.2%

Higher net margin than 66% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

27th percentile

-3.5%

Faster asset growth than 27% of similar nonprofits.

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

Revenue Growth

90th percentile

59%

Faster revenue growth than 90% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$2,886,444

Down $105,969 (-3.5%) from 2015

Net Assets

Up

$1,150,022

Up $37,524 (+3.4%) from 2015

Liabilities

Down

$1,736,422

Down $143,493 (-7.6%) from 2015

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin66th percentile

Revenue

Up

$455,493

Up $168,584 (+59%) from 2015

Expenses

Up

$417,969

Up $19,670 (+4.9%) from 2015

Net Income

Up

$37,524

Up $148,914 (+134%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $3,447,081Liabilities 2011: $1,683,470Net Assets 2011: $1,763,6112011Assets 2012: $3,327,961Liabilities 2012: $1,700,042Net Assets 2012: $1,627,9192012Assets 2013: $3,188,113Liabilities 2013: $1,669,082Net Assets 2013: $1,519,0312013Assets 2014: $3,160,545Liabilities 2014: $1,754,598Net Assets 2014: $1,405,9472014Assets 2015: $2,992,413Liabilities 2015: $1,879,915Net Assets 2015: $1,112,4982015Assets 2016: $2,886,444Liabilities 2016: $1,736,422Net Assets 2016: $1,150,0222016Assets 2017: $1,885,122Liabilities 2017: $1,626,813Net Assets 2017: $258,3092017Assets 2018: $1,674,562Liabilities 2018: $1,559,500Net Assets 2018: $115,0622018Assets 2019: $1,627,458Liabilities 2019: $1,519,836Net Assets 2019: $107,6222019Assets 2020: $2,936,119Liabilities 2020: $753,511Net Assets 2020: $2,182,6082020Assets 2021: $3,435,000Liabilities 2021: $1,295,212Net Assets 2021: $2,139,7882021Assets 2022: $3,550,156Liabilities 2022: $1,483,040Net Assets 2022: $2,067,1162022Assets 2023: $3,586,290Liabilities 2023: $1,889,039Net Assets 2023: $1,697,2512023Assets 2024: $3,862,202Liabilities 2024: $2,957,274Net Assets 2024: $904,9282024

Highlighted filing

2016

Assets$2,886,444
Liabilities$1,736,422
Net Assets$1,150,022
Open 2016 Filing

Operations Trend

Revenue Growth90th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2011: $450,791Expenses 2011: $425,352Net Income 2011: $25,4392011Revenue 2012: $335,801Expenses 2012: $449,757Net Income 2012: -$113,9562012Revenue 2013: $364,808Expenses 2013: $472,011Net Income 2013: -$107,2032013Revenue 2014: $334,368Expenses 2014: $447,452Net Income 2014: -$113,0842014Revenue 2015: $286,909Expenses 2015: $398,299Net Income 2015: -$111,3902015Revenue 2016: $455,493Expenses 2016: $417,969Net Income 2016: $37,5242016Revenue 2017: $307,253Expenses 2017: $1,087,454Net Income 2017: -$780,2012017Revenue 2018: $267,221Expenses 2018: $410,468Net Income 2018: -$143,2472018Revenue 2019: $234,565Expenses 2019: $413,341Net Income 2019: -$178,7762019Revenue 2020: $1,952,492Expenses 2020: $429,805Net Income 2020: $1,522,6872020Revenue 2021: $467,042Expenses 2021: $509,862Net Income 2021: -$42,8202021Revenue 2022: $448,682Expenses 2022: $521,354Net Income 2022: -$72,6722022Revenue 2023: $494,327Expenses 2023: $754,292Net Income 2023: -$259,9652023Revenue 2024: $1,887,519Expenses 2024: $1,883,714Net Income 2024: $3,8052024

Highlighted filing

2016

Revenue$455,493
Expenses$417,969
Net Income$37,524
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
$676,780
Mission and Program Overview

Mission

The organization, together with public and private investors, provides affordable housing, housing counseling, education, community, human and economic development to improve the quality of life in lee and surrounding counties of nc.

The organization, together with public and private investors, provides affordable housing, education, community, human and economic development to improve the quality of life in sanford, lee and surrounding counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,741,651$1,464,575▼ $277,076
Investments Program Related$965,281$960,964▼ $4,317
Cash and Non-Interest-Bearing Accounts$-72$171,103▲ $171,175
Savings and Temporary Cash Investments$61,798$66,303▲ $4,505
Accounts Receivable$20,816$39,499▲ $18,683
Total Assets$2,992,413$2,886,444▼ $105,969
Other Assets Total$202,939$184,000▼ $18,939
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,786,981$1,656,389▼ $130,592
Other Liabilities$61,799$66,303▲ $4,504
Accounts Payable and Accrued Expenses$28,057$12,769▼ $15,288
Deferred Revenue$2,150--
Escrow Account Liability$928$961▲ $33
Total Liabilities$1,879,915$1,736,422▼ $143,493
Net Assets / Fund Balance
Unrestricted Net Assets$1,106,268$1,150,022▲ $43,754
Temporarily Rstr Net Assets$6,230--
Total Net Assets Fund Balance$1,112,498$1,150,022▲ $37,524
Total Liabilities and Net Assets / Fund Balance$2,992,413$2,886,444▼ $105,969

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,383,373$675,961$2,059,334
Land$81,202-$81,202
Equipment-$52,136$52,136
Investment Program Related Org$4,639--
Other Assets Org$184,000--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kathleen RumelyExecutive DiFT$70,000$2,793$72,793
Connie MorganFiscal OfficFT$21,500$7,902$29,402

Board Members and Trustees

NameTitle
Margaret MurchisonPresident
Alice KendrickDirector
Antoinette UpchurchDirector
John CarrDirector
Rev Freeman BrooksDirector
Terry McmillanDirector
Ulysses UpchurchDirector
Brenda JohnsonAssistant Se
Karen KennedyNon Voting a
Brenda WilliamsTreasurer
William T WilsonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$6,000
Program Service Revenue
$298,628
Investment Income
$144,809
Other Revenue
$6,056
All Other Contributions
$6,000
Change in Net Assets
$37,524

Audited Revenue Reconciliation

Revenue per Audited Statements
$455,493
Total Revenue per Audited Statements
$455,493
Total Revenue per Form 990
$455,493
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$305,725
Salaries, Compensation, and Employee Benefits$112,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$50,893$40,677-$91,570
Depreciation Depletion$68,341$11,127-$79,468
All Other Expenses$28,893$2,550-$31,443
Interest$20,131$623-$20,754
Occupancy$10,800$7,200-$18,000
Insurance$15,988$774-$16,762
Fees for Services Accounting-$14,982-$14,982
Other Employee Benefits$6,518$5,209-$11,727
Other Expenses$10,230$30,461-$10,230
Payroll Taxes$4,973$3,974-$8,947
Office Expenses$4,889$2,021-$6,910
Travel$610$479-$1,089
Total Functional Expenses$297,892$120,077$0$417,969

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$417,969
Total Expenses per Audited Statements$417,969
Total Expenses per Form 990$417,969
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
Reserve for Replacement$54,445
Escrow Deposits$11,858
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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, Page 6, Part VI, Line 11B

“Form 990 is presented to the board of directors for its review and approval prior to being filed.”

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

“Board members and employees are required to disclose conflicts of interest when they arise.”

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

“Each year at the time of evaluation of the executive director, the personnel committee of the board reviews the compensation of the executive director. If an increase in salary of the executive director is considered, then the committee compares the salary of other executives in similar production and size of community development corporations across the state.”

Form 990, Page 6, Part VI, Line 19

“Organizational and other documents are available upon written request to the organization's office.”

Filing and Contact Details

Filer

Filer Name
Brick Capital Community Development
EIN
56-1706757
Address
P O BOX 568, SANFORD, NC 27331-0568

Signing Officer

Name
Margaret Murchison
Title
President
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Rumely
Formed
1990
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
25

Preparer

Firm
Romeo Wiggins & Company Llp
Address
8210 CREEDMOOR RD 202, RALEIGH, NC 27613
Preparer
J Kelly Lanier
Phone
9198705151
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

“Funds held in agency on behalf of community garden.”

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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01786981
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01656389
IRS990/NetAssetsOrFundBalancesBOYAmt01112498
IRS990/NetAssetsOrFundBalancesEOYAmt01150022
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0144725
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0144725
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt07200
IRS990/OccupancyGrp/ProgramServicesAmt010800
IRS990/OccupancyGrp/TotalAmt018000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02021
IRS990/OfficeExpensesGrp/ProgramServicesAmt04889
IRS990/OfficeExpensesGrp/TotalAmt06910
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0202939
IRS990/OtherAssetsTotalGrp/EOYAmt0184000
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05209
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06518
IRS990/OtherEmployeeBenefitsGrp/TotalAmt011727
IRS990/OtherExpensesGrp/Desc0REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE FEES
IRS990/OtherExpensesGrp/Desc3RESERVE FOR REPLACEMENT
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030461
IRS990/OtherExpensesGrp/ProgramServicesAmt039761
IRS990/OtherExpensesGrp/ProgramServicesAmt135865
IRS990/OtherExpensesGrp/ProgramServicesAmt210230
IRS990/OtherExpensesGrp/TotalAmt039761
IRS990/OtherExpensesGrp/TotalAmt135865
IRS990/OtherExpensesGrp/TotalAmt230461
IRS990/OtherExpensesGrp/TotalAmt310230
IRS990/OtherLiabilitiesGrp/BOYAmt061799
IRS990/OtherLiabilitiesGrp/EOYAmt066303
IRS990/OtherRevenueMiscGrp/Desc0DEBT FORGIVENESS INCOME
IRS990/OtherRevenueMiscGrp/Desc1OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt09000
IRS990/OtherRevenueMiscGrp/ExclusionAmt1-2944
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-2944
IRS990/OtherRevenueTotalAmt06056
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03974
IRS990/PayrollTaxesGrp/ProgramServicesAmt04973
IRS990/PayrollTaxesGrp/TotalAmt08947
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0KATHLEEN RUMELY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/Desc0SUPPORTIVE HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1MANAGEMENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CONTRACT INCOME
IRS990/ProgramServiceRevenueGrp/Desc3HOUSING COUNSELING
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0188343
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt159696
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt250000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3589
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0188343
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt159696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt250000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3589
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt07098
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt036
IRS990/PYOtherExpensesAmt0299625
IRS990/PYOtherRevenueAmt011226
IRS990/PYProgramServiceRevenueAmt0268549
IRS990/PYRevenuesLessExpensesAmt0-111390
IRS990/PYSalariesCompEmpBnftPaidAmt098674
IRS990/PYTotalExpensesAmt0398299
IRS990/PYTotalRevenueAmt0286909
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt037524
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0298628
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061798
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066303
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TIMBER SALE 51,731 OTHER INCOME 16,711
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt023005
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0103188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0132943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0272234
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0407
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0660
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01068921
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt06056
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt010655
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt051731
IRS990ScheduleA/OtherIncome170Grp/TotalAmt068442
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79760
IRS990ScheduleA/PublicSupportPY170Pct00.87530
IRS990ScheduleA/PublicSupportTotal170Amt0272234
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt023005
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0103188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0132943
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0272234
IRS990ScheduleA/TotalSupportAmt0341336
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/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01383373
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0675961
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02059334
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052136
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052136
IRS990ScheduleD/ExpensesSubtotalAmt0417969
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0956325
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt14639
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0WSOSI INV IN WICKER SCHOOL MANAGER
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INV IN APPLE TREE LP
IRS990ScheduleD/LandGrp/BookValueAmt081202
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt081202
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0184000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND HELD FOR DEVELOPMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054445
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt111858
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESERVE FOR REPLACEMENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0455493
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS HELD IN AGENCY ON BEHALF OF COMMUNITY GARDEN.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART IV, LINE 2B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01464575
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0184000
IRS990ScheduleD/TotalBookValueProgramRltdAmt0960964
IRS990ScheduleD/TotalExpensesPerForm990Amt0417969
IRS990ScheduleD/TotalLiabilityAmt066303
IRS990ScheduleD/TotalRevenuePerForm990Amt0455493
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0455493
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0417969
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL PRIOR TO BEING FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST WHEN THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH YEAR AT THE TIME OF EVALUATION OF THE EXECUTIVE DIRECTOR, THE PERSONNEL COMMITTEE OF THE BOARD REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR. IF AN INCREASE IN SALARY OF THE EXECUTIVE DIRECTOR IS CONSIDERED, THEN THE COMMITTEE COMPARES THE SALARY OF OTHER EXECUTIVES IN SIMILAR PRODUCTION AND SIZE OF COMMUNITY DEVELOPMENT CORPORATIONS ACROSS THE STATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATIONAL AND OTHER DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION'S OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$2,886,444
Liabilities
$1,736,422
Net assets
$1,150,022
Revenue
$455,493
Expenses
$417,969
Net income
$37,524
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.86$2.96$0.90$1.89$1.88$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.59$1.89$1.70$0.49$0.75$0.26
2022Detailed filing. Detailed filing data is available for this year.$3.55$1.48$2.07$0.45$0.52$0.07
2021Detailed filing. Detailed filing data is available for this year.$3.44$1.30$2.14$0.47$0.51$0.04
2020Detailed filing. Detailed filing data is available for this year.$2.94$0.75$2.18$1.95$0.43$1.52
2019Summary only. Only limited summary data is available for this year.$1.63$1.52$0.11$0.23$0.41$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.67$1.56$0.12$0.27$0.41$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.89$1.63$0.26$0.31$1.09$0.78
2016Detailed filing. Detailed filing data is available for this year.$2.89$1.74$1.15$0.46$0.42$0.04
2015Detailed filing. Detailed filing data is available for this year.$2.99$1.88$1.11$0.29$0.40$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.16$1.75$1.41$0.33$0.45$0.11
2013Summary only. Only limited summary data is available for this year.$3.19$1.67$1.52$0.36$0.47$0.11
2012Summary only. Only limited summary data is available for this year.$3.33$1.70$1.63$0.34$0.45$0.11
2011Summary only. Only limited summary data is available for this year.$3.45$1.68$1.76$0.45$0.43$0.03