Civic Intelligence

Network Housing 2005 Inc.

990 • Fiscal year 2017 • EIN 57-1228802

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 17, 2018

1680 Watermark DriveColumbus, OH 43215

(614) 487-6700

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.20x

Higher debt load relative to assets than 63% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

1.93x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

10th percentile

-31%

Higher net margin than 10% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

87th percentile

$171,139

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 132.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

26th percentile

-3.0%

Faster asset growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

43rd percentile

1.8%

Faster revenue growth than 43% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,267,178

Down $39,067 (-3.0%) from 2016

Net Assets

Down

$1,017,119

Down $39,598 (-3.7%) from 2016

Liabilities

Up

$250,059

Up $531 (+0.2%) from 2016

Revenue

Up

$129,402

Up $2,234 (+1.8%) from 2016

Expenses

Down

$169,000

Down $12,795 (-7.0%) from 2016

Net Income

Up

-$39,598

Up $15,029 (+28%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,573,591Liabilities 2010: $337,763Net Assets 2010: $1,235,8282010Assets 2011: $1,540,807Liabilities 2011: $284,641Net Assets 2011: $1,256,1662011Assets 2012: $1,515,967Liabilities 2012: $291,013Net Assets 2012: $1,224,9542012Assets 2013: $1,433,778Liabilities 2013: $249,717Net Assets 2013: $1,184,0612013Assets 2014: $1,400,654Liabilities 2014: $248,589Net Assets 2014: $1,152,0652014Assets 2015: $1,356,922Liabilities 2015: $245,578Net Assets 2015: $1,111,3442015Assets 2016: $1,306,245Liabilities 2016: $249,528Net Assets 2016: $1,056,7172016Assets 2017: $1,267,178Liabilities 2017: $250,059Net Assets 2017: $1,017,1192017Assets 2018: $1,219,267Liabilities 2018: $266,272Net Assets 2018: $952,9952018Assets 2019: $1,156,032Liabilities 2019: $274,019Net Assets 2019: $882,0132019Assets 2020: $1,117,517Liabilities 2020: $276,765Net Assets 2020: $840,7522020Assets 2021: $1,069,837Liabilities 2021: $339,557Net Assets 2021: $730,2802021Assets 2022: $1,023,884Liabilities 2022: $409,558Net Assets 2022: $614,3262022Assets 2023: $995,470Liabilities 2023: $571,112Net Assets 2023: $424,3582023Assets 2024: $970,017Liabilities 2024: $588,156Net Assets 2024: $381,8612024

Highlighted filing

2017

Assets$1,267,178
Liabilities$250,059
Net Assets$1,017,119

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $153,1492010Expenses 2011: $139,0202011Expenses 2012: $143,0352012Revenue 2013: $117,458Expenses 2013: $158,351Net Income 2013: -$40,8932013Revenue 2014: $117,968Expenses 2014: $149,964Net Income 2014: -$31,9962014Revenue 2015: $117,111Expenses 2015: $157,832Net Income 2015: -$40,7212015Revenue 2016: $127,168Expenses 2016: $181,795Net Income 2016: -$54,6272016Revenue 2017: $129,402Expenses 2017: $169,000Net Income 2017: -$39,5982017Revenue 2018: $127,899Expenses 2018: $192,023Net Income 2018: -$64,1242018Revenue 2019: $146,345Expenses 2019: $217,327Net Income 2019: -$70,9822019Revenue 2020: $155,419Expenses 2020: $196,680Net Income 2020: -$41,2612020Revenue 2021: $141,548Expenses 2021: $252,020Net Income 2021: -$110,4722021Revenue 2022: $155,255Expenses 2022: $271,209Net Income 2022: -$115,9542022Revenue 2023: $139,750Expenses 2023: $324,230Net Income 2023: -$184,4802023Revenue 2024: $197,326Expenses 2024: $239,823Net Income 2024: -$42,4972024

Highlighted filing

2017

Revenue$129,402
Expenses$169,000
Net Income-$39,598
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 17, 2018
Return Version
2017v2.3
Gross Receipts
$129,402
Mission and Program Overview

Mission

The organization provides safe affordable rental housing and linkage to supportive services for people with disabilities and other special needs such as homelessness.

15-unit rental housing project for low income persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,238,883$1,195,459▼ $43,424
Cash and Non-Interest-Bearing Accounts$7,339$9,056▲ $1,717
Pledges and Grants Receivable$154$860▲ $706
Total Assets$1,306,245$1,267,178▼ $39,067
Other Assets Total$59,869$61,803▲ $1,934
Liabilities
Other Liabilities$232,350$228,787▼ $3,563
Accounts Payable and Accrued Expenses$14,042$18,517▲ $4,475
Deferred Revenue$3,136$2,755▼ $381
Total Liabilities$249,528$250,059▲ $531
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,421,100$1,421,100→ $0
Unrestricted Net Assets$-364,383$-403,981▼ $39,598
Total Net Assets Fund Balance$1,056,717$1,017,119▼ $39,598
Total Liabilities and Net Assets / Fund Balance$1,306,245$1,267,178▼ $39,067

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,081,609$349,323$1,430,932
Other Land Buildings$41,850$64,441$106,291
Land$72,000-$72,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
John RoyerChairman
Blaine BrockmanImmediate Past Chair
Clark L LloydVice Chair
Dean W WeinertBoard Member
Erika Clark JonesBoard Member
Hope SharettBoard Member
Marcus SalterBoard Member
Robert OakleyBoard Member
G Gary TyackBoard Member (through Oct.)
Samantha ShulerCEO
Jay ShawSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$81,856
Program Service Revenue
$47,517
Investment Income
$29
Other Revenue
$0
Change in Net Assets
$-39,598

Audited Revenue Reconciliation

Revenue per Audited Statements
$129,402
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$129,402
Total Revenue per Form 990
$129,402
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$148,659
Salaries, Compensation, and Employee Benefits$20,341
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$43,548--$43,548
Fees for Services Other$35,706--$35,706
Occupancy$23,743--$23,743
Other Salaries and Wages$16,927--$16,927
Fees for Services Management$10,036--$10,036
Fees for Services Accounting-$7,218-$7,218
Office Expenses$4,184--$4,184
Insurance$3,418--$3,418
Payroll Taxes$2,323--$2,323
Other Expenses$1,801--$1,801
All Other Expenses$1,198$236-$1,434
Other Employee Benefits$1,091--$1,091
Information Technology-$805-$805
Fees for Services Legal$202--$202
Total Functional Expenses$160,741$8,259$0$169,000

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$169,000
Total Expenses per Audited Statements$169,000
Total Expenses per Form 990$169,000
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
Note Payable Community Housing Network, Inc.$230,670
Security Deposits$1,861
Unamortized Debt Issuance Costs$-3,744
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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization's property is managed by community housing network, inc., a 501(c)(3)nonprofit, pursuant to a property management agreement approved by hud. Ceo, samantha shuler, is an employee of community housing network but a portion of her job function is spent performing work for the filing organization. Compensation can be found on part vii.

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

The trustees of the organization are either members of the sponsoring organization, community housing network, inc. (chn) a 501(c)3 nonprofit, or have approval of chn. A trustee of the organization is automatically resigned in the event the trustee loses approval from chn or is no longer a trustee of chn.

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

The chief financial officer thoroughly reviews the return, compares it to the audited results and reviews all questions for accuracy. Upon satisfying herself as to the accuracy of the return, she reports findings to the board and obtains their approval to file the return.

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

Board members and employees complete a conflict disclosure form annually. Any disclosure determined to be a potential conflict are reviewed by the board of trustees to determine under what conditions the transaction may be permitted.

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

The chn board met in executive session to consider the chief executive officer's performance and review compensation in part against peer nonprofit organizations. A written review summarizing the discussion and compensation decision was issued.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Network Housing 2005 Inc
EIN
57-1228802
Phone
6144876700
Address
1680 WATERMARK DRIVE, COLUMBUS, OH 43215

Signing Officer

Name
Samantha Shuler
Title
CEO
Phone
6144876700
Signed
2018-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samantha Shuler
Formed
2006
Legal Domicile
Oh
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Firm
Clark Schaefer Hackett & Co
Address
14 EAST MAIN STREET SUITE 500, SPRINGFIELD, OH 45502
Preparer
Matthew Shroyer
Phone
9373992000
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 5 - Number of Individuals Employed in Calendar Year

Community housing network, inc. Serves as a common paymaster and charges the organization for payroll, payroll taxes and benefits for administration, finance, maintenance and rehabilitation, property management or tenant services personnel that work on behalf of the organization. Accordingly these employees are not directly employed by the organization.

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 35,706. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,706.

FORM 990, PART XII, LINE 2C:

The process has not changed

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertainty in income taxes in accordance with asc 740 income taxes. This interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. This interpretation also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. The organization has determined that all income tax filing positions would be sustained upon examination and accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions pursuant to asc 740 income taxes as of december 31, 2017 and 2016.

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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/Desc0BUILT IN 2007, THIS 15-UNIT APARTMENT COMPLEX PROVIDES SAFE, AFFORDABLE HOUSING LINKED TO RENTAL SUBSIDIES AND SERVICES FOR LOW-INCOME PERSONS DISABLED WITH MENTAL ILLNESS; MOST RESIDENTS COME FROM INPATIENT OR RESIDENTIAL TREATMENT FACILITIES. LOCATED AT 115 BELVIDERE ROAD IN THE HILLTOP AREA OF COLUMBUS, THE TWO-STORY APARTMENT DEVELOPMENT INCLUDES A COMMUNITY ROOM AND LAUNDRY. AN EXPERIENCED MENTAL HEALTH CASE MANAGER SERVES AS THE LIVE-IN PART-TIME RESIDENT MANAGER (RM). THE RM MONITORS RESIDENTS' INDEPENDENT LIVING, PROVIDES CRISIS INTERVENTION, FACILITATES INDIVIDUAL AND GROUP MEETINGS WITH RESIDENTS AND SUPPORT PROVIDERS, ASSISTS WITH PROPERTY MAINTENANCE, AND FOSTERS GOOD COMMUNITY RELATIONS.IN 2017, 15 OF THE 15 DISABLED, LOW-INCOME PERSONS SERVED (100%) HAD SUCCESSFUL HOUSING OUTCOMES (I.E., REMAINED HOUSED IN THE PROGRAM OR EXITED TO OTHER PERMANENT HOUSING. ON AVERAGE, RESIDENTS HAVE STAYED HOUSED IN THE PROGRAM FOR OVER 6 YEARS.
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IRS990/NetAssetsOrFundBalancesEOYAmt01017119
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt023743
IRS990/OccupancyGrp/TotalAmt023743
IRS990/OfficeExpensesGrp/ProgramServicesAmt04184
IRS990/OfficeExpensesGrp/TotalAmt04184
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt059869
IRS990/OtherAssetsTotalGrp/EOYAmt061803
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01091
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01091
IRS990/OtherExpensesGrp/Desc0ADMIN. RENT FREE UNIT
IRS990/OtherExpensesGrp/Desc1SECURITY
IRS990/OtherExpensesGrp/Desc2SUPPLIES
IRS990/OtherExpensesGrp/Desc3TRASH REMOVAL
IRS990/OtherExpensesGrp/ProgramServicesAmt08700
IRS990/OtherExpensesGrp/ProgramServicesAmt14961
IRS990/OtherExpensesGrp/ProgramServicesAmt22903
IRS990/OtherExpensesGrp/ProgramServicesAmt31801
IRS990/OtherExpensesGrp/TotalAmt08700
IRS990/OtherExpensesGrp/TotalAmt14961
IRS990/OtherExpensesGrp/TotalAmt22903
IRS990/OtherExpensesGrp/TotalAmt31801
IRS990/OtherLiabilitiesGrp/BOYAmt0232350
IRS990/OtherLiabilitiesGrp/EOYAmt0228787
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt016927
IRS990/OtherSalariesAndWagesGrp/TotalAmt016927
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt02323
IRS990/PayrollTaxesGrp/TotalAmt02323
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0154
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0860
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SAMANTHA SHULER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0LOW INCOME RENTALS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt047517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt047517
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt084538
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt0149918
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt042600
IRS990/PYRevenuesLessExpensesAmt0-54627
IRS990/PYSalariesCompEmpBnftPaidAmt031877
IRS990/PYTotalExpensesAmt0181795
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0127168
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-39598
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt047517
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt081856
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt084538
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt072567
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt081153
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0320114
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt033
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0162
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt047517
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt042600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt044511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt036786
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0122051
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0293465
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt033
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0162
IRS990ScheduleA/InvestmentIncomeCYPct00.00030
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99970
IRS990ScheduleA/PublicSupportPY509Pct00.99970
IRS990ScheduleA/PublicSupportTotal509Amt0613579
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0129373
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0127138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0117078
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0117939
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0122051
IRS990ScheduleA/Total509Grp/TotalAmt0613579
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0129402
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0127168
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0117111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0117968
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0122092
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0613741
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01081609
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0349323
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01430932
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0169000
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt072000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt072000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt041850
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt064441
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0106291
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01861
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1230670
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2-3744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE COMMUNITY HOUSING NETWORK, INC.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNAMORTIZED DEBT ISSUANCE COSTS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0129402
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC 740 INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THIS INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE ORGANIZATION HAS DETERMINED THAT ALL INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS PURSUANT TO ASC 740 INCOME TAXES AS OF DECEMBER 31, 2017 AND 2016.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01195459
IRS990ScheduleD/TotalExpensesPerForm990Amt0169000
IRS990ScheduleD/TotalLiabilityAmt0228787
IRS990ScheduleD/TotalRevenuePerForm990Amt0129402
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0129402
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0169000
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/CompensationBasedOnRltdOrgsAmt0153139
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt018000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SAMANTHA SHULER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0171139
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY HOUSING NETWORK, INC. SERVES AS A COMMON PAYMASTER AND CHARGES THE ORGANIZATION FOR PAYROLL, PAYROLL TAXES AND BENEFITS FOR ADMINISTRATION, FINANCE, MAINTENANCE AND REHABILITATION, PROPERTY MANAGEMENT OR TENANT SERVICES PERSONNEL THAT WORK ON BEHALF OF THE ORGANIZATION. ACCORDINGLY THESE EMPLOYEES ARE NOT DIRECTLY EMPLOYED BY THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S PROPERTY IS MANAGED BY COMMUNITY HOUSING NETWORK, INC., A 501(C)(3)NONPROFIT, PURSUANT TO A PROPERTY MANAGEMENT AGREEMENT APPROVED BY HUD. CEO, SAMANTHA SHULER, IS AN EMPLOYEE OF COMMUNITY HOUSING NETWORK BUT A PORTION OF HER JOB FUNCTION IS SPENT PERFORMING WORK FOR THE FILING ORGANIZATION. COMPENSATION CAN BE FOUND ON PART VII.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUSTEES OF THE ORGANIZATION ARE EITHER MEMBERS OF THE SPONSORING ORGANIZATION, COMMUNITY HOUSING NETWORK, INC. (CHN) A 501(C)3 NONPROFIT, OR HAVE APPROVAL OF CHN. A TRUSTEE OF THE ORGANIZATION IS AUTOMATICALLY RESIGNED IN THE EVENT THE TRUSTEE LOSES APPROVAL FROM CHN OR IS NO LONGER A TRUSTEE OF CHN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHIEF FINANCIAL OFFICER THOROUGHLY REVIEWS THE RETURN, COMPARES IT TO THE AUDITED RESULTS AND REVIEWS ALL QUESTIONS FOR ACCURACY. UPON SATISFYING HERSELF AS TO THE ACCURACY OF THE RETURN, SHE REPORTS FINDINGS TO THE BOARD AND OBTAINS THEIR APPROVAL TO FILE THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BOARD MEMBERS AND EMPLOYEES COMPLETE A CONFLICT DISCLOSURE FORM ANNUALLY. ANY DISCLOSURE DETERMINED TO BE A POTENTIAL CONFLICT ARE REVIEWED BY THE BOARD OF TRUSTEES TO DETERMINE UNDER WHAT CONDITIONS THE TRANSACTION MAY BE PERMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CHN BOARD MET IN EXECUTIVE SESSION TO CONSIDER THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND REVIEW COMPENSATION IN PART AGAINST PEER NONPROFIT ORGANIZATIONS. A WRITTEN REVIEW SUMMARIZING THE DISCUSSION AND COMPENSATION DECISION WAS ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 35,706. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,706.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 5 - NUMBER OF INDIVIDUALS EMPLOYED IN CALENDAR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.59$0.38$0.20$0.24$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.57$0.42$0.14$0.32$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.02$0.41$0.61$0.16$0.27$0.12
2021Detailed filing. Detailed filing data is available for this year.$1.07$0.34$0.73$0.14$0.25$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.28$0.84$0.16$0.20$0.04
2019Detailed filing. Detailed filing data is available for this year.$1.16$0.27$0.88$0.15$0.22$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.22$0.27$0.95$0.13$0.19$0.06
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.25$1.02$0.13$0.17$0.04
2016Detailed filing. Detailed filing data is available for this year.$1.31$0.25$1.06$0.13$0.18$0.05
2015Detailed filing. Detailed filing data is available for this year.$1.36$0.25$1.11$0.12$0.16$0.04
2014Detailed filing. Detailed filing data is available for this year.$1.40$0.25$1.15$0.12$0.15$0.03
2013Detailed filing. Detailed filing data is available for this year.$1.43$0.25$1.18$0.12$0.16$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.29$1.22$0.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.28$1.26$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.34$1.24$0.15