Civic Intelligence

Westside Community Development Corp

EIN 63-1188022 • 501(c)3 • Tuscaloosa, AL

Profile

The purpose of the organization is to redevelope west tuscaloosa alabama by developing quality, affordable housing for low income citizens. These homes provide stepping stones for self-sufficiency. The organization accomplishes their goal by training and counseling individuals concerning financial issues and education. The individuals are selected to rent their homes for two years. After two years, it is the goal of the organization for the occupants to qualify for home financing and purchase the existing properties.

PO Box 1969Tuscaloosa, AL 35401

n/A

Siviq Scores

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

Liabilities / Assets

78th percentile

0.10x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

95th percentile

1.00x

Higher debt load relative to revenue than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

16th percentile

-39%

Higher net margin than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

46th percentile

-3.8%

Faster asset growth than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

46th percentile

-4.2%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$90,665

Down $3,592 (-3.8%) from 2015

Liabilities

Flat

$9,200

Flat from 2015

Net Assets

Down

$81,465

Down $3,592 (-4.2%) from 2015

Revenue

Down

$9,200

Down $400 (-4.2%) from 2015

Expenses

Down

$12,792

Down $4,339 (-25%) from 2015

Net Income

Up

-$3,592

Up $3,939 (+52%) from 2015

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $804,938Liabilities 2010: $259,649Net Assets 2010: $545,2892010Assets 2011: $540,163Liabilities 2011: $109,058Net Assets 2011: $431,1052011Assets 2012: $604,405Liabilities 2012: $98,885Net Assets 2012: $505,5202012Assets 2013: $231,183Liabilities 2013: $94,934Net Assets 2013: $136,2492013Assets 2014: $101,788Liabilities 2014: $9,200Net Assets 2014: $92,5882014Assets 2015: $94,257Liabilities 2015: $9,200Net Assets 2015: $85,0572015Assets 2016: $90,665Liabilities 2016: $9,200Net Assets 2016: $81,4652016

Highlighted filing

2016

Assets$90,665
Liabilities$9,200
Net Assets$81,465

Operations Trend

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

$400K$200K$0-$200K-$400KExpenses 2010: $231,1892010Expenses 2011: $153,6972011Revenue 2012: $142,514Expenses 2012: $68,099Net Income 2012: $74,4152012Revenue 2013: -$340,949Expenses 2013: $28,322Net Income 2013: -$369,2712013Revenue 2014: $47,905Expenses 2014: $91,566Net Income 2014: -$43,6612014Revenue 2015: $9,600Expenses 2015: $17,131Net Income 2015: -$7,5312015Revenue 2016: $9,200Expenses 2016: $12,792Net Income 2016: -$3,5922016

Highlighted filing

2016

Revenue$9,200
Expenses$12,792
Net Income-$3,592

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 4, 2017
Return Version
2016v3.1
Gross Receipts
$9,200
Mission and Program Overview

Mission

The purpose of the organization is to redevelope west tuscaloosa alabama by developing quality, affordable housing for low income citizens. These homes provide stepping stones for self-sufficiency. The organization accomplishes their goal by training and counseling individuals concerning financial issues and education. The individuals are selected to rent their homes for two years. After two years, it is the goal of the organization for the occupants to qualify for home financing and purchase the existing properties.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION BUILDS AFFORDABLE HOUSING IN THE WEST TUSCALOOSA ALABAMA AREA FOR LOW INCOME CITIZENS. THE ORGANIZATION COUNSELS AND TRAINS THE OCCUPANTS IN FINANCIAL BUDGETING. STAFFING IS USED TO PROVIDE COUNSELING SERVICES, SERVICE EXISTING OCCUPANTS AND PLAN FOR ADDITIONAL DEVELOPMENTS.-$12,792
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
REV GREGORY MORRISPresident-$0--
ANNETTE TINKERTreasurer-$0--
LANCE STROTHERVice Preside-$0--
PAUL ROLLINS JRSecretary-$0--
CURTIS SIMSMember-$0--
DEBORAH BROWNExecutive Di-$0--
Filing and Contact Details

Filer

Filer Name
Westside Community Development Corp
EIN
63-1188022
Phone
2053101484
Address
PO BOX 1969, TUSCALOOSA, AL 35401

Signing Officer

Name
Deborah Brown
Title
Executive Director
Phone
2053101484
Signed
2017-06-04
Discuss with paid preparer
Yes

Preparer

Firm
Steve Richardson & Company Pc
Address
PO BOX 2250, TUSCALOOSA, AL 35403-2250
Preparer
Steve Richardson
Phone
2053493580
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expenses 73 po box 170 insurance - general liability 2,304 total 2,547

Form 990-ez, Part II, Line 24

5,686 5,686 less accumulated depreciation 5,686 5,686 total 0 0

Form 990-ez, Part II, Line 26

Security deposit from tenant 9,200 9,200

Form 990-ez, Part III

The purpose of the organization is to redevelope west tuscaloosa alabama by developing quality, affordable housing for low income citizens. These homes provide stepping stones for self-sufficiency. The organization accomplishes their goal by training and counseling individuals concerning financial issues and education. The individuals are selected to rent their homes for two years. After two years, it is the goal of the organization for the occupants to qualify for home financing and purchase the existing properties.

Form 990-ez, Part III, Line 28

The organization builds affordable housing in the west tuscaloosa alabama area for low income citizens. The organization counsels and trains the occupants in financial budgeting. Staffing is used to provide counseling services, service existing occupants and plan for additional developments.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSES 73 PO BOX 170 INSURANCE - GENERAL LIABILITY 2,304 TOTAL 2,547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15,686 5,686 LESS ACCUMULATED DEPRECIATION 5,686 5,686 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SECURITY DEPOSIT FROM TENANT 9,200 9,200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE ORGANIZATION IS TO REDEVELOPE WEST TUSCALOOSA ALABAMA BY DEVELOPING QUALITY, AFFORDABLE HOUSING FOR LOW INCOME CITIZENS. THESE HOMES PROVIDE STEPPING STONES FOR SELF-SUFFICIENCY. THE ORGANIZATION ACCOMPLISHES THEIR GOAL BY TRAINING AND COUNSELING INDIVIDUALS CONCERNING FINANCIAL ISSUES AND EDUCATION. THE INDIVIDUALS ARE SELECTED TO RENT THEIR HOMES FOR TWO YEARS. AFTER TWO YEARS, IT IS THE GOAL OF THE ORGANIZATION FOR THE OCCUPANTS TO QUALIFY FOR HOME FINANCING AND PURCHASE THE EXISTING PROPERTIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION BUILDS AFFORDABLE HOUSING IN THE WEST TUSCALOOSA ALABAMA AREA FOR LOW INCOME CITIZENS. THE ORGANIZATION COUNSELS AND TRAINS THE OCCUPANTS IN FINANCIAL BUDGETING. STAFFING IS USED TO PROVIDE COUNSELING SERVICES, SERVICE EXISTING OCCUPANTS AND PLAN FOR ADDITIONAL DEVELOPMENTS.
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02053101484
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-06-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTSIDE COMMUNITY DEVELOPMENT CORP
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ReturnHeader/Filer/EIN0631188022
ReturnHeader/Filer/PhoneNum02053101484
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2250
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ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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