Civic Intelligence

Baptist Housing Inc

EIN 61-0993446 • 501(c)3 • Corbin, KY

Profile

Housing for handicapped and senior citizens

Refreshing map…

704 Engineer StCorbin, KY 40701
Siviq Scores

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

Liabilities / Assets

45th percentile

0.04x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.11x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

68th percentile

12%

Faster asset growth than 68% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.1%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,816,990

Up $188,039 (+12%) from 2023

Liabilities

Down

$80,652

Down $12,504 (-13%) from 2023

Net Assets

Up

$1,736,338

Up $200,543 (+13%) from 2023

Revenue

Up

$722,199

Up $54,393 (+8.1%) from 2023

Expenses

Up

$521,657

Up $86,070 (+20%) from 2023

Net Income

Down

$200,542

Down $31,677 (-14%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: $1,518,866Liabilities 2011: $1,638,108Net Assets 2011: -$119,2422011Assets 2012: $1,551,087Liabilities 2012: $1,544,704Net Assets 2012: $6,3832012Assets 2013: $1,510,843Liabilities 2013: $1,451,434Net Assets 2013: $59,4092013Assets 2014: $1,577,671Liabilities 2014: $1,395,211Net Assets 2014: $182,4602014Assets 2015: $1,579,382Liabilities 2015: $1,307,640Net Assets 2015: $271,7422015Assets 2016: $1,585,745Liabilities 2016: $1,221,246Net Assets 2016: $364,4992016Assets 2017: $1,588,068Liabilities 2017: $1,056,806Net Assets 2017: $531,2622017Assets 2018: $1,511,686Liabilities 2018: $1,056,806Net Assets 2018: $454,8802018Assets 2019: $1,514,481Liabilities 2019: $694,281Net Assets 2019: $820,2002019Assets 2020: $1,586,673Liabilities 2020: $542,957Net Assets 2020: $1,043,7162020Assets 2021: $1,472,178Liabilities 2021: $367,720Net Assets 2021: $1,104,4582021Assets 2022: $1,469,741Liabilities 2022: $166,165Net Assets 2022: $1,303,5762022Assets 2023: $1,628,951Liabilities 2023: $93,156Net Assets 2023: $1,535,7952023Assets 2024: $1,816,990Liabilities 2024: $80,652Net Assets 2024: $1,736,3382024

Highlighted filing

2024

Assets$1,816,990
Liabilities$80,652
Net Assets$1,736,338

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2011: $538,010Expenses 2011: $488,048Net Income 2011: $49,9622011Revenue 2012: $553,873Expenses 2012: $431,832Net Income 2012: $122,0412012Expenses 2013: $457,4252013Revenue 2014: $568,173Expenses 2014: $445,120Net Income 2014: $123,0532014Revenue 2015: $570,348Expenses 2015: $481,067Net Income 2015: $89,2812015Revenue 2016: $574,906Expenses 2016: $482,155Net Income 2016: $92,7512016Revenue 2017: $602,729Expenses 2017: $435,963Net Income 2017: $166,7662017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $598,828Expenses 2019: $494,978Net Income 2019: $103,8502019Revenue 2020: $583,131Expenses 2020: $344,279Net Income 2020: $238,8522020Revenue 2021: $598,446Expenses 2021: $502,650Net Income 2021: $95,7962021Revenue 2022: $646,251Expenses 2022: $447,133Net Income 2022: $199,1182022Revenue 2023: $667,806Expenses 2023: $435,587Net Income 2023: $232,2192023Revenue 2024: $722,199Expenses 2024: $521,657Net Income 2024: $200,5422024

Highlighted filing

2024

Revenue$722,199
Expenses$521,657
Net Income$200,542

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.82$0.08$1.74$0.72$0.52$0.20
2023Summary only. Only limited summary data is available for this year.$1.63$0.09$1.54$0.67$0.44$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.47$0.17$1.30$0.65$0.45$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.47$0.37$1.10$0.60$0.50$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$0.54$1.04$0.58$0.34$0.24
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.51$0.69$0.82$0.60$0.49$0.10
2018Summary only. Only limited summary data is available for this year.$1.51$1.06$0.45$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.59$1.06$0.53$0.60$0.44$0.17
2016Detailed filing. Detailed filing data is available for this year.$1.59$1.22$0.36$0.57$0.48$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.58$1.31$0.27$0.57$0.48$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.58$1.40$0.18$0.57$0.45$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$1.45$0.06$0.46
2012Summary only. Only limited summary data is available for this year.$1.55$1.54$0.01$0.55$0.43$0.12
2011Summary only. Only limited summary data is available for this year.$1.52$1.64$0.12$0.54$0.49$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 8, 2025
Return Version
2023v6.0
Gross Receipts
$722,199
Mission and Program Overview

Mission

Housing for handicapped and senior citizens

To provide adequate housing for approximately 64 persons who would otherwise be unable to afford such housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$461,394$715,312▲ $253,918
Land, Buildings, and Equipment, Net$695,545$707,898▲ $12,353
Cash and Non-Interest-Bearing Accounts$256,739$225,836▼ $30,903
Accounts Receivable$18,889$39,444▲ $20,555
Total Assets$1,628,951$1,816,990▲ $188,039
Other Assets Total$196,384$128,500▼ $67,884
Liabilities
Deferred Revenue$32,701$32,701→ $0
Other Liabilities$39,706$28,378▼ $11,328
Accounts Payable and Accrued Expenses$20,749$19,573▼ $1,176
Total Liabilities$93,156$80,652▼ $12,504
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,535,795$1,736,338▲ $200,543
Total Net Assets Fund Balance$1,535,795$1,736,338▲ $200,543
Total Liabilities and Net Assets / Fund Balance$1,628,951$1,816,990▲ $188,039

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$501,317$1,669,693$2,171,010
Land$3,000-$3,000
Investment Program Related Org$715,312--
Other Assets Org$128,500--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve SurmontPresident
Agnes YoungDirector
Bill HackerDirector
Cliff McburnyDirector
Danny BarnettDirector
Glennis HensleyDirector
Mel Chandler JrDirector
Pat HuffDirector
Wesley TiptonDirector
Pat WaddleSecretary
Cheryl LandrumTreasurer
Lynn TiptonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$691,981
Investment Income
$30,218
Other Revenue
$0
Change in Net Assets
$200,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$388,298
Salaries, Compensation, and Employee Benefits$133,359
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$295,062--$295,062
Other Salaries and Wages$133,359--$133,359
Depreciation Depletion$65,000--$65,000
Fees for Services Accounting$14,077--$14,077
Advertising$8,378--$8,378
Office Expenses$5,781--$5,781
Total Functional Expenses$521,657$0$0$521,657
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
Other Liabilities$28,378
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Board reviews all tax forms before filing

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Baptist Housing Inc
EIN
61-0993446
Phone
6065231171
Address
704 ENGINEER ST, CORBIN, KY 40701
Doing Business As
Baptist Housing Inc

Signing Officer

Name
Steve Surmont
Title
President
Phone
6065231171
Signed
2025-08-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Surmont
Formed
1981
Legal Domicile
Ky
Voting Board Members
12
Independent Board Members
12
Employees
5

Preparer

Firm
Cloyd & Associates Psc
Address
2410 GREATSTONE PT, LEXINGTON, KY 40504
Preparer
Madgel Miller CPA
Phone
8592233318
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Manager free unit 10,164 0 0 misc adm expense 16,918 0 0 utilities 53,480 0 0 supplies 3,369 0 0 garbage 3,503 0 0 vehicle repairs 107 0 0 misc operating 120,036 0 0 payroll taxes 12,019 0 0 misc taxes 5,924 0 0 property insurance 49,302 0 0 health insurance 20,240 0 0 total 295,062 0 0

Form 990, Part XI, Line 9

ROUNDING

Raw XML Appendix357 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.

Path#Value
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IRS990/PYProgramServiceRevenueAmt0662272
IRS990/PYRevenuesLessExpensesAmt0232219
IRS990/PYSalariesCompEmpBnftPaidAmt0164927
IRS990/PYTotalExpensesAmt0435587
IRS990/PYTotalRevenueAmt0667806
IRS990/ReconcilationRevenueExpnssAmt0200542
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IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0true
IRS990/RevenueAmt0691981
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0691981
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IRS990ScheduleA/PublicSupportPY170Pct00.96000
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0691981
IRS990ScheduleA/TotalSupportAmt0722199
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt01669693
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02171010
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt0715312
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0INVESTMENTS - PROGRAM
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0F
IRS990ScheduleD/LandGrp/BookValueAmt03000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt03000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0128500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESTRICTED DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt028378
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0504317
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0128500
IRS990ScheduleD/TotalBookValueProgramRltdAmt0715312
IRS990ScheduleD/TotalLiabilityAmt028378
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD REVIEWS ALL TAX FORMS BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGER FREE UNIT 10,164 0 0 MISC ADM EXPENSE 16,918 0 0 UTILITIES 53,480 0 0 SUPPLIES 3,369 0 0 GARBAGE 3,503 0 0 VEHICLE REPAIRS 107 0 0 MISC OPERATING 120,036 0 0 PAYROLL TAXES 12,019 0 0 MISC TAXES 5,924 0 0 PROPERTY INSURANCE 49,302 0 0 HEALTH INSURANCE 20,240 0 0 TOTAL 295,062 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ROUNDING
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01816990
IRS990/TotalAssetsGrp/BOYAmt01628951
IRS990/TotalAssetsGrp/EOYAmt01816990
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0521657
IRS990/TotalFunctionalExpensesGrp/TotalAmt0521657
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt093156
IRS990/TotalLiabilitiesEOYAmt080652
IRS990/TotalLiabilitiesGrp/BOYAmt093156
IRS990/TotalLiabilitiesGrp/EOYAmt080652
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01535795
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01736338
IRS990/TotalProgramServiceExpensesAmt0521657
IRS990/TotalProgramServiceRevenueAmt0691981
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0722199
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0722199
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01628951
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01816990
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE SURMONT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06065231171
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BAPTIST HOUSING INC
ReturnHeader/Filer/BusinessNameControlTxt0BAPT
ReturnHeader/Filer/EIN0610993446
ReturnHeader/Filer/PhoneNum06065231171
ReturnHeader/Filer/USAddress/AddressLine1Txt0704 ENGINEER ST
ReturnHeader/Filer/USAddress/CityNm0CORBIN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611251092
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLOYD & ASSOCIATES PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02410 GREATSTONE PT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd040504
ReturnHeader/PreparerPersonGrp/PhoneNum08592233318
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MADGEL MILLER CPA
ReturnHeader/ReturnTs02025-08-15T14:10:23-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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