Civic Intelligence

The Davidson Housing Coalition

990 • Fiscal year 2012 • EIN 56-2057448

Jul 01, 2011 to Jun 30, 2012 • Filed on Feb 05, 2013

P O Box 85428036
Siviq Scores

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

Liabilities / Assets

39th percentile

0.40x

Higher debt load relative to assets than 39% of similar nonprofits.

2012 filings • NTEE L • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

33rd percentile

-3.2%

Faster asset growth than 33% of similar nonprofits.

2012 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$2,980,181

Down $98,812 (-3.2%) from 2011

Net Assets

Up

$1,776,783

Up $99,855 (+6.0%) from 2011

Liabilities

Down

$1,203,398

Down $198,667 (-14%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$507,014

Up $7,155 (+1.4%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2010: $2,581,181Liabilities 2010: $1,077,435Net Assets 2010: $1,503,7462010Assets 2011: $3,078,993Liabilities 2011: $1,402,065Net Assets 2011: $1,676,9282011Assets 2012: $2,980,181Liabilities 2012: $1,203,398Net Assets 2012: $1,776,7832012Assets 2013: $2,844,884Liabilities 2013: $944,776Net Assets 2013: $1,900,1082013Assets 2014: $2,577,419Liabilities 2014: $711,621Net Assets 2014: $1,865,7982014Assets 2015: $2,694,796Liabilities 2015: $728,560Net Assets 2015: $1,966,2362015Assets 2016: $2,755,863Liabilities 2016: $850,043Net Assets 2016: $1,905,8202016Assets 2017: $2,605,098Liabilities 2017: $773,240Net Assets 2017: $1,831,8582017Assets 2018: $2,545,330Liabilities 2018: $826,303Net Assets 2018: $1,719,0272018Assets 2019: $2,530,784Liabilities 2019: $853,368Net Assets 2019: $1,677,4162019Assets 2020: $2,607,969Liabilities 2020: $858,518Net Assets 2020: $1,749,4512020Assets 2021: $2,532,955Liabilities 2021: $787,826Net Assets 2021: $1,745,1292021Assets 2022: $3,021,594Liabilities 2022: $771,907Net Assets 2022: $2,249,6872022Assets 2023: $4,065,887Liabilities 2023: $2,023,167Net Assets 2023: $2,042,7202023Assets 2024: $3,995,439Liabilities 2024: $1,882,387Net Assets 2024: $2,113,0522024

Highlighted filing

2012

Assets$2,980,181
Liabilities$1,203,398
Net Assets$1,776,783

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $479,5152010Revenue 2011: $673,041Expenses 2011: $499,859Net Income 2011: $173,1822011Expenses 2012: $507,0142012Expenses 2013: $433,4642013Revenue 2014: $403,713Expenses 2014: $438,023Net Income 2014: -$34,3102014Revenue 2015: $488,374Expenses 2015: $387,936Net Income 2015: $100,4382015Revenue 2016: $363,252Expenses 2016: $423,668Net Income 2016: -$60,4162016Revenue 2017: $363,878Expenses 2017: $437,840Net Income 2017: -$73,9622017Revenue 2018: $346,867Expenses 2018: $459,698Net Income 2018: -$112,8312018Revenue 2019: $455,585Expenses 2019: $497,196Net Income 2019: -$41,6112019Revenue 2020: $628,677Expenses 2020: $556,642Net Income 2020: $72,0352020Revenue 2021: $540,186Expenses 2021: $544,508Net Income 2021: -$4,3222021Revenue 2022: $485,310Expenses 2022: $598,432Net Income 2022: -$113,1222022Revenue 2023: $462,855Expenses 2023: $669,822Net Income 2023: -$206,9672023Revenue 2024: $829,256Expenses 2024: $758,924Net Income 2024: $70,3322024

Highlighted filing

2012

Revenue-
Expenses$507,014
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
Feb 5, 2013
Return Version
2011v1.5
Gross Receipts
$816,127
Mission and Program Overview

Mission

To work with the larger community to preserve and create affordable housing options and to prepare families and individuals for financial stability and home ownership.

Major Activities

Activity 2
HAMMERS - makes low-to-no-cost emergency repairs on owner-occupied homes in Huntersville, Cornelius, Davidson, and Mooresville. To qualify, households must both own and occupy their homes and earn less than 80% of the Area Median Income, or approximately $53,200 for a family of four. The primary goal of the HAMMERS program is to reduce or eliminate the immediate threats to a household's life, health or safety, utilizing volunteer labor and donated material wherever possible to minimize cost. Eligible repairs must be emergency in nature, as determined by qualified volunteer inspectors, and include needs pertaining to accessibility, carpentry, plumbing, roofing, electricity, or furnace/AC functioning.
Activity 3
Homebuyer Education and Financial Literacy - Davidson Housing Coalition serves as the arm of the Town of Davidson in its implementation of the Affordable Housing Ordinance, requiring 12.5% of each new residential development to be designated as affordable housing. DHC's Homebuyer Education and Financial Literacy program educates, counsels, and qualifies all potential homeowners of units built through this ordinance through Homebuyer Education Workshops, personalized budget and credit counseling, and post-homeownership programming. Counselors work with individuals to repair or improve credit histories, create financial plans, and achieve their dreams of homeownership through monthly group workshops and regular one-on-one counseling.
Filing and Contact Details

Filer

EIN
56-2057448
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IRS990/OtherExpenses/Fundraising01907
IRS990/OtherExpenses/Fundraising13431
IRS990/OtherExpenses/ManagementAndGeneral0759
IRS990/OtherExpenses/ManagementAndGeneral11933
IRS990/OtherExpenses/ManagementAndGeneral21740
IRS990/OtherExpenses/ProgramServices09003
IRS990/OtherExpenses/ProgramServices16499
IRS990/OtherExpenses/ProgramServices25559
IRS990/OtherExpenses/ProgramServices360242
IRS990/OtherExpenses/Total09762
IRS990/OtherExpenses/Total110339
IRS990/OtherExpenses/Total210730
IRS990/OtherExpenses/Total360242
IRS990/OtherLiabilities/BOY05157
IRS990/OtherLiabilities/EOY05157
IRS990/OtherNotesLoansReceivableNet/BOY086996
IRS990/OtherNotesLoansReceivableNet/EOY090107
IRS990/OtherRevenueCurrentYear00
IRS990/OtherSalariesAndWages/Fundraising09644
IRS990/OtherSalariesAndWages/ManagementAndGeneral013244
IRS990/OtherSalariesAndWages/ProgramServices052183
IRS990/OtherSalariesAndWages/Total075071
IRS990/OtherWebsite0X
IRS990/PartialLiquidation0false
IRS990/PaymentsToAffiliates/Total00
IRS990/PayrollTaxes/Fundraising01796
IRS990/PayrollTaxes/ManagementAndGeneral01820
IRS990/PayrollTaxes/ProgramServices05815
IRS990/PayrollTaxes/Total09431
IRS990/PensionPlanContributions/Total00
IRS990/PledgesAndGrantsReceivable/BOY044650
IRS990/PledgesAndGrantsReceivable/EOY070600
IRS990/PoliciesReferenceChapters0false
IRS990/PoliticalActivities0false
IRS990/PremiumsPaid0false
IRS990/PrepaidExpensesDeferredCharges/BOY09225
IRS990/PrepaidExpensesDeferredCharges/EOY010361
IRS990/PriorExcessBenefitTransaction0false
IRS990/ProfessionalFundraising0false
IRS990/ProgramServiceRevenueCY0188388

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$1.88$2.11$0.83$0.76$0.07
2023Summary only. Only limited summary data is available for this year.$4.07$2.02$2.04$0.46$0.67$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.02$0.77$2.25$0.49$0.60$0.11
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.79$1.75$0.54$0.54$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.86$1.75$0.63$0.56$0.07
2019Summary only. Only limited summary data is available for this year.$2.53$0.85$1.68$0.46$0.50$0.04
2018Summary only. Only limited summary data is available for this year.$2.55$0.83$1.72$0.35$0.46$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.77$1.83$0.36$0.44$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.76$0.85$1.91$0.36$0.42$0.06
2015Detailed filing. Detailed filing data is available for this year.$2.69$0.73$1.97$0.49$0.39$0.10
2014Detailed filing. Detailed filing data is available for this year.$2.58$0.71$1.87$0.40$0.44$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.84$0.94$1.90$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$1.20$1.78$0.51
2011Summary only. Only limited summary data is available for this year.$3.08$1.40$1.68$0.67$0.50$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.58$1.08$1.50$0.48