Civic Intelligence

Hbhci Hud 1 Inc

EIN 59-3212743 • 501(c)3 • New Port Richey, FL

Profile

Low-Income Handicapped Housing

PO Box 428New Port Richey, FL 34656

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.11x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

90th percentile

0.34x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

34th percentile

-6.6%

Higher net margin than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

100th percentile

$646,620

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 537.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

50th percentile

-1.9%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

58th percentile

4.5%

Faster revenue growth than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$365,486

Down $7,032 (-1.9%) from 2024

Liabilities

Up

$40,941

Up $887 (+2.2%) from 2024

Net Assets

Down

$324,545

Down $7,919 (-2.4%) from 2024

Revenue

Up

$120,352

Up $5,138 (+4.5%) from 2024

Expenses

Up

$128,271

Up $11,426 (+9.8%) from 2024

Net Income

Down

-$7,919

Down $6,288 (-386%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $441,159Liabilities 2011: $21,692Net Assets 2011: $419,4672011Assets 2012: $429,422Liabilities 2012: $26,822Net Assets 2012: $402,6002012Assets 2013: $419,449Liabilities 2013: $24,535Net Assets 2013: $394,9142013Assets 2014: $406,056Liabilities 2014: $26,131Net Assets 2014: $379,9252014Assets 2015: $399,790Liabilities 2015: $23,523Net Assets 2015: $376,2672015Assets 2016: $394,873Liabilities 2016: $23,687Net Assets 2016: $371,1862016Assets 2017: $390,254Liabilities 2017: $22,734Net Assets 2017: $367,5202017Assets 2018: $379,731Liabilities 2018: $32,082Net Assets 2018: $347,6492018Assets 2019: $378,342Liabilities 2019: $38,898Net Assets 2019: $339,4442019Assets 2020: $379,648Liabilities 2020: $41,222Net Assets 2020: $338,4262020Assets 2021: $386,355Liabilities 2021: $39,376Net Assets 2021: $346,9792021Assets 2022: $380,575Liabilities 2022: $38,509Net Assets 2022: $342,0662022Assets 2023: $374,010Liabilities 2023: $39,915Net Assets 2023: $334,0952023Assets 2024: $372,518Liabilities 2024: $40,054Net Assets 2024: $332,4642024Assets 2025: $365,486Liabilities 2025: $40,941Net Assets 2025: $324,5452025

Highlighted filing

2025

Assets$365,486
Liabilities$40,941
Net Assets$324,545

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KExpenses 2011: $69,7842011Expenses 2012: $92,3352012Expenses 2013: $85,9272013Revenue 2014: $76,179Expenses 2014: $91,168Net Income 2014: -$14,9892014Revenue 2015: $78,622Expenses 2015: $82,280Net Income 2015: -$3,6582015Revenue 2016: $78,956Expenses 2016: $84,037Net Income 2016: -$5,0812016Revenue 2017: $91,068Expenses 2017: $94,734Net Income 2017: -$3,6662017Revenue 2018: $87,613Expenses 2018: $107,484Net Income 2018: -$19,8712018Revenue 2019: $97,964Expenses 2019: $106,169Net Income 2019: -$8,2052019Revenue 2020: $105,009Expenses 2020: $106,027Net Income 2020: -$1,0182020Revenue 2021: $111,922Expenses 2021: $103,369Net Income 2021: $8,5532021Revenue 2022: $112,376Expenses 2022: $117,289Net Income 2022: -$4,9132022Revenue 2023: $109,811Expenses 2023: $117,782Net Income 2023: -$7,9712023Revenue 2024: $115,214Expenses 2024: $116,845Net Income 2024: -$1,6312024Revenue 2025: $120,352Expenses 2025: $128,271Net Income 2025: -$7,9192025

Highlighted filing

2025

Revenue$120,352
Expenses$128,271
Net Income-$7,919

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$0.41$3.25$1.20$1.28$0.08
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.73$0.40$3.32$1.15$1.17$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.74$0.40$3.34$1.10$1.18$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.81$0.39$3.42$1.12$1.17$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.86$0.39$3.47$1.12$1.03$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.41$3.38$1.05$1.06$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.78$0.39$3.39$0.98$1.06$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.80$0.32$3.48$0.88$1.07$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.90$0.23$3.68$0.91$0.95$0.04
2016Detailed filing. Detailed filing data is available for this year.$3.95$0.24$3.71$0.79$0.84$0.05
2015Detailed filing. Detailed filing data is available for this year.$4.00$0.24$3.76$0.79$0.82$0.04
2014Detailed filing. Detailed filing data is available for this year.$4.06$0.26$3.80$0.76$0.91$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.19$0.25$3.95$0.86
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.29$0.27$4.03$0.92
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$0.22$4.19$0.70
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 2, 2025
Return Version
2024v5.2
Gross Receipts
$120,352
Mission and Program Overview

Mission

Low-Income Handicapped Housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$329,691$313,332▼ $16,359
Savings and Temporary Cash Investments$26,706$33,969▲ $7,263
Cash and Non-Interest-Bearing Accounts$3,936$6,953▲ $3,017
Prepaid Expenses and Deferred Charges$6,275$6,275→ $0
Accounts Receivable$521$44▼ $477
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$372,518$365,486▼ $7,032
Other Assets Total$5,389$4,913▼ $476
Liabilities
Other Liabilities$30,667$30,782▲ $115
Accounts Payable and Accrued Expenses$9,252$10,079▲ $827
Deferred Revenue$135$80▼ $55
Total Liabilities$40,054$40,941▲ $887
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$332,464$324,545▼ $7,919
Total Net Assets Fund Balance$332,464$324,545▼ $7,919
Total Liabilities and Net Assets / Fund Balance$372,518$365,486▼ $7,032

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$106,754$426,859$533,613
Other Land Buildings$90,769$72,653$163,422
Land$113,908-$113,908
Equipment$1,901$17,462$19,363
Compensation and Service Providers

Board Members and Trustees

NameTitle
Beverly R BarnettChair
Bill ButlerVice Chair
Gail RyderVice President
Charles ImbergamoDirector
David GrayDirector
Ed MontiDirector
John FosterDirector
Kathleen MooreDirector
Lauren LeontaDirector
Megan HardingDirector
Michael Sanders MDDirector
Robert HaleDirector
Sara MolloDirector
Alfred W Torrence Jr EsqSecretary
Philip H ChesnutTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$62,163
Program Service Revenue
$57,846
Investment Income
$303
Other Revenue
$40
Change in Net Assets
$-7,919

Audited Revenue Reconciliation

Revenue per Audited Statements
$120,352
Total Revenue per Audited Statements
$120,352
Total Revenue per Form 990
$120,352
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$88,615
Salaries, Compensation, and Employee Benefits$39,656
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$31,540--$31,540
Depreciation Depletion$24,474--$24,474
Fees for Services Management-$13,071-$13,071
Fees for Services Accounting-$9,472-$9,472
Other Employee Benefits$5,644--$5,644
All Other Expenses$5,285--$5,285
Insurance$4,581--$4,581
Office Expenses$3,716--$3,716
Other Expenses$2,973--$2,973
Payroll Taxes$2,472--$2,472
Conferences and Meetings$531--$531
Total Functional Expenses$105,728$22,543$0$128,271

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$128,271
Total Expenses per Audited Statements$128,271
Total Expenses per Form 990$128,271
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Residual Receipt Note$15,500
Due to the Harbor$10,671
Tenant Security Deposits$4,611
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 35% controlled entity
No
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Legal services.

Form 990, Part VI, Section A, Line 3

The management company handles all the day to day activities for the organization. It also provides all the necessary monthly accounting and bookkeeping services.

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

The Harbor Senior management reviews the Form 990 and submits it to the Harbor's Board of Directors to review. Then it is reviewed by Baycare, with the Harbor's Board of Directors being advised of any changes needed before it is filed.

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

Review of the expenditures of the HUD Projects.

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

The use of the market study evaluations.

Form 990, Part VI, Section C, Line 19

Available upon request.

Filing and Contact Details

Filer

Filer Name
HBHCI HUD 1 Inc
EIN
59-3212743
Phone
7278414207
Address
PO Box 428, New Port Richey, FL 34656

Signing Officer

Name
Gail Ryder
Title
Vice President
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gail Ryder
Formed
1995
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
14
Employees
0

Preparer

Firm
Barton Gonzalez & Myers Pa
Address
13137 66TH ST, LARGO, FL 33773
Preparer
Sergio Gonzalez
Phone
7273441040
Supplemental Narrative

Additional Explanations

Statement Note 1

Form 990, Part V, Line 2aForm 990, Part VI, Section B, Line 15Form 990, Line IX, Line 7 & 10 - Statement of Functional ExpensesCompensation:The organization has no employees. All compensation costs are allocated from the employees of the management company.

Financial Statement Notes

Part X : FIN48 Footnote

No provision for income tax expense has been made in the accompanying financial statements since the Organization is exempt from income taxes under Internal Revenue Code (IRC) Section 501(a) as an IRC Section 501(c)(3) organization. In addition, the Organization is not a private foundation within the meaning of Section 509(a) of the Internal Revenue Code. The Internal Revenue Code provides for taxation of unrelated business income under certain circumstances. The Organization reports no unrelated business taxable income; however, such status is subject to final determination upon examination of the related tax returns by the appropriate taxing authorities.ASC 740 clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. ASC 740 provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. The Organization determined that during the year ended June 30, 2025, ASC 740 did not have a material impact on its financial position, activities or cash flows.The Organizations Forms 990, Return of Organization Exempt from Income Tax, are subject to examination by the IRS, generally for three years after they were filed.

Raw XML AppendixShowing 400 of 827 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/Form990PartVIISectionAGrp/PersonNm12Ed Monti
IRS990/Form990PartVIISectionAGrp/PersonNm13Kathleen Moore
IRS990/Form990PartVIISectionAGrp/PersonNm14Michael Sanders MD
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