Civic Intelligence

Home Solutions of Davidson County Nc Inc.

990 • Fiscal year 2018 • EIN 56-1998627

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 09, 2018

Organization ProfileWWW.LEXINGTONCDC.COM
PO Box 933Lexington, NC 27293-0933

(336) 236-1675

Siviq Scores

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

Liabilities / Assets

45th percentile

0.03x

Higher debt load relative to assets than 45% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Liabilities / Revenue

42nd percentile

0.04x

Higher debt load relative to revenue than 42% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Net Margin

12th percentile

-49%

Higher net margin than 12% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Top Officer Pay

84th percentile

$37,999

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2018 filings • NTEE L • <$500k nonprofits • Source year 2018

Asset Growth

12th percentile

-26%

Faster asset growth than 12% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-28%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • NTEE L • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets45th percentile

Assets

Down

$346,542

Down $122,203 (-26%) from 2017

Net Assets

Down

$335,767

Down $123,425 (-27%) from 2017

Liabilities

Up

$10,775

Up $1,222 (+13%) from 2017

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin12th percentile

Revenue

Down

$251,062

Down $95,261 (-28%) from 2017

Expenses

Up

$374,487

Up $62,466 (+20%) from 2017

Net Income

Down

-$123,425

Down $157,727 (-460%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $403,228Liabilities 2011: $154,689Net Assets 2011: $248,5392011Assets 2012: $459,503Liabilities 2012: $65,201Net Assets 2012: $394,3022012Assets 2013: $740,185Liabilities 2013: $39,849Net Assets 2013: $700,3362013Assets 2014: $594,882Liabilities 2014: $26,881Net Assets 2014: $568,0012014Assets 2015: $504,449Liabilities 2015: $28,778Net Assets 2015: $475,6712015Assets 2016: $434,449Liabilities 2016: $9,559Net Assets 2016: $424,8902016Assets 2017: $468,745Liabilities 2017: $9,553Net Assets 2017: $459,1922017Assets 2018: $346,542Liabilities 2018: $10,775Net Assets 2018: $335,7672018Assets 2019: $221,013Liabilities 2019: $67,088Net Assets 2019: $153,9252019Assets 2020: $376,238Liabilities 2020: $200,759Net Assets 2020: $175,4792020Assets 2021: $303,867Liabilities 2021: $121,525Net Assets 2021: $182,3422021Assets 2022: $963,296Liabilities 2022: $167,080Net Assets 2022: $796,2162022Assets 2023: $893,571Liabilities 2023: $65,348Net Assets 2023: $828,2232023Assets 2024: $882,976Liabilities 2024: $58,667Net Assets 2024: $824,3092024Assets 2025: $1,066,247Liabilities 2025: $78,916Net Assets 2025: $987,3312025

Highlighted filing

2018

Assets$346,542
Liabilities$10,775
Net Assets$335,767
Open 2018 Filing

Operations Trend

Revenue Growth22nd percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $344,896Expenses 2011: $370,424Net Income 2011: -$25,5282011Revenue 2012: $539,354Expenses 2012: $393,591Net Income 2012: $145,7632012Revenue 2013: $662,914Expenses 2013: $356,880Net Income 2013: $306,0342013Revenue 2014: $378,382Expenses 2014: $510,717Net Income 2014: -$132,3352014Revenue 2015: $321,553Expenses 2015: $413,883Net Income 2015: -$92,3302015Revenue 2016: $485,285Expenses 2016: $536,066Net Income 2016: -$50,7812016Revenue 2017: $346,323Expenses 2017: $312,021Net Income 2017: $34,3022017Revenue 2018: $251,062Expenses 2018: $374,487Net Income 2018: -$123,4252018Revenue 2019: $307,617Expenses 2019: $337,836Net Income 2019: -$30,2192019Revenue 2020: $380,113Expenses 2020: $358,559Net Income 2020: $21,5542020Revenue 2021: $408,378Expenses 2021: $401,515Net Income 2021: $6,8632021Revenue 2022: $1,021,650Expenses 2022: $407,776Net Income 2022: $613,8742022Revenue 2023: $468,631Expenses 2023: $436,624Net Income 2023: $32,0072023Revenue 2024: $443,797Expenses 2024: $447,711Net Income 2024: -$3,9142024Revenue 2025: $679,919Expenses 2025: $516,897Net Income 2025: $163,0222025

Highlighted filing

2018

Revenue$251,062
Expenses$374,487
Net Income-$123,425
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 9, 2018
Return Version
2017v2.3
Gross Receipts
$347,540
Mission and Program Overview

Mission

LHCDC's mission is to educate, empower, and affirm individuals and families to achieve homeownership, develop new affordable housing, and improve existing housing in the Lexington area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$210,162$218,200▲ $8,038
Cash and Non-Interest-Bearing Accounts$101,079$65,166▼ $35,913
Land, Buildings, and Equipment, Net$1,527$712▼ $815
Accounts Receivable$587$314▼ $273
Total Assets$468,745$346,542▼ $122,203
Other Assets Total$155,390$62,150▼ $93,240
Liabilities
Other Liabilities$7,704$7,338▼ $366
Accounts Payable and Accrued Expenses$1,849$3,437▲ $1,588
Total Liabilities$9,553$10,775▲ $1,222
Net Assets / Fund Balance
Temporarily Rstr Net Assets$192,290$176,529▼ $15,761
Unrestricted Net Assets$266,902$159,238▼ $107,664
Total Net Assets Fund Balance$459,192$335,767▼ $123,425
Total Liabilities and Net Assets / Fund Balance$468,745$346,542▼ $122,203

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$712$7,338$8,050
Other Assets Org$1,100--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Toby PrinceExecutive DirectorFT$37,229$770$37,999

Board Members and Trustees

NameTitle
Rebecca Jo PeoplesChair
Tobin ShepherdVice Chair
Marc LamoureauxDirector
Miles CleckleyDirector
Randy BullinDirector
Reynolds ShoafDirector
Robert CurleeDirector
Rose BanksDirector
S Harris KirmaniDirector
Sandra ReynoldsDirector
Sid BieseckerDirector
Sylvia WalserDirector
Wendy SellarsDirector
Debbie AumanSecretary
Sylvia WoodberryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,787
Program Service Revenue
$26,032
Investment Income
$-54,822
Other Revenue
$33,065
All Other Contributions
$67,091
Change in Net Assets
$-123,425

Audited Revenue Reconciliation

Revenue per Audited Statements
$251,062
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,238
Total Revenue per Audited Statements
$254,300
Total Revenue per Form 990
$251,062
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$194,392
Other Expenses$61,249
Total Fundraising Expense$13,572
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$118,846--$118,846
Other Salaries and Wages$81,600$29,853$4,288$115,741
Current Officers, Directors, Trustees, and Key Employees$9,235$32,323$4,617$46,175
Occupancy$13,327$3,554$888$17,769
Other Employee Benefits$8,465$5,794$830$15,089
Payroll Taxes$7,229$4,948$709$12,886
Office Expenses$7,007$1,868$467$9,342
Conferences and Meetings$7,298--$7,298
Fees for Services Accounting-$6,000-$6,000
Insurance$4,136$1,103$276$5,515
Pension Plan Contributions$2,525$1,728$248$4,501
Advertising-$1,769-$1,769
All Other Expenses$771$206$52$1,029
Other Expenses$1,392$1,155$908$908
Depreciation Depletion-$815-$815
Travel$565--$565
Interest$4--$4
Total Functional Expenses$269,799$91,116$13,572$374,487

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$377,725
Expenses per Audited Statements$374,487
Total Expenses per Form 990$374,487
Expenses Not Reported on Form 990$3,238
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$35,696
Fundraising Direct Expenses$3,238
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf tournament$20,026$20,026$3,142$16,884
Homes for the Holidays$8,195$8,195-$8,195
Total Events$35,696$35,696$3,238$32,458
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 and withheld payroll taxes$4,846
Accrued payroll$2,492
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
No
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, Part VI, Section B, line 11B

“A copy of the Form 990 is distributed to all board members at the monthly board meeting prior to filing the return.”

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

“The Organization's Conflict of Interest Policy is reviewed with all new board members. If an issue arises during the year that involves a personal conflict of interest, then any board member with such conflict will abstain from voting on the issue.”

Form 990, Part VI, Section B, line 15A

“Every year, the finance committee reviews top management to determine any changes in compensation. Employees are reviewed by top management to determine any changes in compensation with the ultimate decision being made by the finance committee.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public if it is requested.”

Filing and Contact Details

Filer

Filer Name
Lexington Housing Community
EIN
56-1998627
Phone
3362361675
Address
PO Box 933, Lexington, NC 27293-0933

Signing Officer

Name
Sid Biesecker
Title
Chair
Phone
3362361675
Signed
2018-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sid Biesecker
Formed
1996
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
4
Volunteers
36

Preparer

Firm
Turlington and Company LLP
Address
PO Box 1697, Lexington, NC 27293-1697
Preparer
Matthew Copley
Phone
3362496856
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

“LHCDC has been determined to be exempt from income taxes under section 501(c)(3) of the Internal Revenue Code. Information returns are filed as required by law. LHCDC has determined that it has no uncertain income tax positions as of June 30, 2018 and 2017. Also, LHCDC does not anticipate any increase or decrease in unrecognized tax benefits during the next twelve months that would result in a material change to its financial position. LHCDC's income tax returns for years ended after June 30, 2015 remain open for examination.”

Part XI, Line 2D - Other Adjustments:

“Direct fundraising expenses offset fundraising revenues on Form 990.”

Part XII, Line 2D - Other Adjustments:

“Direct fundraising expenses are expenses on the audited statements.”

Raw XML AppendixShowing 400 of 530 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/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/FundraisingAmt0276
IRS990/InsuranceGrp/ManagementAndGeneralAmt01103
IRS990/InsuranceGrp/ProgramServicesAmt04136
IRS990/InsuranceGrp/TotalAmt05515
IRS990/InterestGrp/ProgramServicesAmt04
IRS990/InterestGrp/TotalAmt04
IRS990/InvestmentIncomeGrp/ExclusionAmt0218
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0218
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07338
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01527
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0712
IRS990/LandBldgEquipCostOrOtherBssAmt08050
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt093240
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LHCDC's mission is to educate, empower, and affirm individuals and families to achieve homeownership, develop new affordable housing, and improve existing housing in the Lexington area.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0459192
IRS990/NetAssetsOrFundBalancesEOYAmt0335767
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-55040
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-55040
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt032458
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt032458
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0888
IRS990/OccupancyGrp/ManagementAndGeneralAmt03554
IRS990/OccupancyGrp/ProgramServicesAmt013327
IRS990/OccupancyGrp/TotalAmt017769
IRS990/OfficeExpensesGrp/FundraisingAmt0467
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01868
IRS990/OfficeExpensesGrp/ProgramServicesAmt07007
IRS990/OfficeExpensesGrp/TotalAmt09342
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0155390
IRS990/OtherAssetsTotalGrp/EOYAmt062150
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0830
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05794
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08465
IRS990/OtherEmployeeBenefitsGrp/TotalAmt015089
IRS990/OtherExpensesGrp/Desc0Telephone
IRS990/OtherExpensesGrp/Desc1Other expenses
IRS990/OtherExpensesGrp/Desc2Dues and subscriptions
IRS990/OtherExpensesGrp/Desc3Fundraising
IRS990/OtherExpensesGrp/FundraisingAmt0289
IRS990/OtherExpensesGrp/FundraisingAmt1908
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01155
IRS990/OtherExpensesGrp/ProgramServicesAmt04333
IRS990/OtherExpensesGrp/ProgramServicesAmt13066
IRS990/OtherExpensesGrp/ProgramServicesAmt21392
IRS990/OtherExpensesGrp/TotalAmt05777
IRS990/OtherExpensesGrp/TotalAmt13066
IRS990/OtherExpensesGrp/TotalAmt21392
IRS990/OtherExpensesGrp/TotalAmt3908
IRS990/OtherLiabilitiesGrp/BOYAmt07704
IRS990/OtherLiabilitiesGrp/EOYAmt07338
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Sales tax refunds
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0607
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0607
IRS990/OtherRevenueTotalAmt0607
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04288
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029853
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt081600
IRS990/OtherSalariesAndWagesGrp/TotalAmt0115741
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0709
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04948
IRS990/PayrollTaxesGrp/ProgramServicesAmt07229
IRS990/PayrollTaxesGrp/TotalAmt012886
IRS990/PensionPlanContributionsGrp/FundraisingAmt0248
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01728
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt02525
IRS990/PensionPlanContributionsGrp/TotalAmt04501
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0210162
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0218200
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Sid Biesecker
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0Fees for services rend
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt026032
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt026032
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt080038
IRS990/PYContributionsGrantsAmt0287143
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-234
IRS990/PYOtherExpensesAmt073622
IRS990/PYOtherRevenueAmt032400
IRS990/PYProgramServiceRevenueAmt027014
IRS990/PYRevenuesLessExpensesAmt034302
IRS990/PYSalariesCompEmpBnftPaidAmt0158361
IRS990/PYTotalExpensesAmt0312021
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0346323
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-123425
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt026639
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Sales tax refunds Gainloss on sale of real estate Fees for services rendered NCHFA deferred loan administration fee program
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0246787
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0287143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0344950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0239250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0510893
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01629023
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0218
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0109
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0125
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0133
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0669
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0-28401
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt027550
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0116661
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt059408
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0-150888
IRS990ScheduleA/OtherIncome170Grp/TotalAmt024330
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98490
IRS990ScheduleA/PublicSupportPY170Pct00.95130
IRS990ScheduleA/PublicSupportTotal170Amt01629023
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0246787
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0287143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0344950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0239250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0510893
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01629023
IRS990ScheduleA/TotalSupportAmt01654022
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt03238
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0374487
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt061050
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11100
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Real estate
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Prepaid expense
IRS990ScheduleD/OtherExpensesIncludedAmt03238
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0712
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt07338
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt08050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14846
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Accrued payroll
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Accrued and withheld payroll taxes
IRS990ScheduleD/OtherRevenueAmt03238
IRS990ScheduleD/RevenueNotReportedAmt03238
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0251062
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LHCDC has been determined to be exempt from income taxes under section 501(c)(3) of the Internal Revenue Code. Information returns are filed as required by law. LHCDC has determined that it has no uncertain income tax positions as of June 30, 2018 and 2017. Also, LHCDC does not anticipate any increase or decrease in unrecognized tax benefits during the next twelve months that would result in a material change to its financial position. LHCDC's income tax returns for years ended after June 30, 2015 remain open for examination.

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$346,542
Liabilities
$10,775
Net assets
$335,767
Revenue
$251,062
Expenses
$374,487
Net income
-$123,425
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.07$0.08$0.99$0.68$0.52$0.16
2024Detailed filing. Detailed filing data is available for this year.$0.88$0.06$0.82$0.44$0.45$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.89$0.07$0.83$0.47$0.44$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.17$0.80$1.02$0.41$0.61
2021Summary only. Only limited summary data is available for this year.$0.30$0.12$0.18$0.41$0.40$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.38$0.20$0.18$0.38$0.36$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.22$0.07$0.15$0.31$0.34$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.01$0.34$0.25$0.37$0.12
2017Detailed filing. Detailed filing data is available for this year.$0.47$0.01$0.46$0.35$0.31$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.49$0.54$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.03$0.48$0.32$0.41$0.09
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.03$0.57$0.38$0.51$0.13
2013Summary only. Only limited summary data is available for this year.$0.74$0.04$0.70$0.66$0.36$0.31
2012Summary only. Only limited summary data is available for this year.$0.46$0.07$0.39$0.54$0.39$0.15
2011Summary only. Only limited summary data is available for this year.$0.40$0.15$0.25$0.34$0.37$0.03