Civic Intelligence

Lee County Housing Development Corporation

990 • Fiscal year 2019 • EIN 65-0295038

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 10, 2020

PO Box 2854Fort Myers, FL 33902-2854

(239) 275-5105

Siviq Scores

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

Liabilities / Assets

55th percentile

0.11x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

43rd percentile

0.06x

Higher debt load relative to revenue than 43% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

56th percentile

5.4%

Higher net margin than 56% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

62nd percentile

$86,959

Higher top officer pay than 62% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

79th percentile

20%

Faster asset growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

95th percentile

138%

Faster revenue growth than 95% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$570,373

Up $93,469 (+20%) from 2018

Net Assets

Up

$506,371

Up $57,336 (+13%) from 2018

Liabilities

Up

$64,002

Up $36,133 (+130%) from 2018

Revenue

Up

$1,054,727

Up $610,832 (+138%) from 2018

Expenses

Up

$997,391

Up $502,033 (+101%) from 2018

Net Income

Up

$57,336

Up $108,799 (+211%) from 2018

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: $745,231Liabilities 2010: $224,113Net Assets 2010: $521,1182010Assets 2011: $597,255Liabilities 2011: $22,278Net Assets 2011: $574,9772011Assets 2012: $669,597Liabilities 2012: $19,667Net Assets 2012: $649,9302012Assets 2013: $643,692Liabilities 2013: $15,454Net Assets 2013: $628,2382013Assets 2014: $653,445Liabilities 2014: $7,120Net Assets 2014: $646,3252014Assets 2015: $598,934Liabilities 2015: $13,966Net Assets 2015: $584,9682015Assets 2016: $527,434Liabilities 2016: $9,673Net Assets 2016: $517,7612016Assets 2017: $515,902Liabilities 2017: $15,404Net Assets 2017: $500,4982017Assets 2018: $476,904Liabilities 2018: $27,869Net Assets 2018: $449,0352018Assets 2019: $570,373Liabilities 2019: $64,002Net Assets 2019: $506,3712019Assets 2020: $552,435Liabilities 2020: $62,914Net Assets 2020: $489,5212020Assets 2021: $1,275,879Liabilities 2021: $518,521Net Assets 2021: $757,3582021Assets 2022: $1,053,549Liabilities 2022: $535,685Net Assets 2022: $517,8642022Assets 2023: $1,598,359Liabilities 2023: $1,076,017Net Assets 2023: $522,3422023Assets 2024: $1,860,616Liabilities 2024: $813,055Net Assets 2024: $1,047,5612024

Highlighted filing

2019

Assets$570,373
Liabilities$64,002
Net Assets$506,371

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,150,2852010Revenue 2011: $679,533Expenses 2011: $625,497Net Income 2011: $54,0362011Expenses 2012: $443,9282012Expenses 2013: $260,8362013Revenue 2014: $516,237Expenses 2014: $499,395Net Income 2014: $16,8422014Revenue 2015: $410,496Expenses 2015: $473,140Net Income 2015: -$62,6442015Revenue 2016: $326,717Expenses 2016: $393,924Net Income 2016: -$67,2072016Revenue 2017: $396,464Expenses 2017: $413,727Net Income 2017: -$17,2632017Revenue 2018: $443,895Expenses 2018: $495,358Net Income 2018: -$51,4632018Revenue 2019: $1,054,727Expenses 2019: $997,391Net Income 2019: $57,3362019Revenue 2020: $777,432Expenses 2020: $794,282Net Income 2020: -$16,8502020Revenue 2021: $752,992Expenses 2021: $485,155Net Income 2021: $267,8372021Revenue 2022: $286,343Expenses 2022: $525,837Net Income 2022: -$239,4942022Revenue 2023: $1,109,652Expenses 2023: $1,105,174Net Income 2023: $4,4782023Revenue 2024: $4,415,076Expenses 2024: $3,889,857Net Income 2024: $525,2192024

Highlighted filing

2019

Revenue$1,054,727
Expenses$997,391
Net Income$57,336
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 10, 2020
Return Version
2018v3.2
Gross Receipts
$1,054,727
Mission and Program Overview

Mission

Organization was formed to provide low income families of lee county florida with affordable housing by constructing and providing needed resources to such individuals who would not be able to afford such housing for themselves or their families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$305,970$389,195▲ $83,225
Land, Buildings, and Equipment, Net$104,131$100,586▼ $3,545
Pledges and Grants Receivable$48,339$62,128▲ $13,789
Prepaid Expenses and Deferred Charges$10,641$10,641→ $0
Total Assets$476,904$570,373▲ $93,469
Other Assets Total$7,823$7,823→ $0
Liabilities
Accounts Payable and Accrued Expenses$27,869$64,002▲ $36,133
Total Liabilities$27,869$64,002▲ $36,133
Net Assets / Fund Balance
Unrestricted Net Assets$449,035$506,371▲ $57,336
Total Net Assets Fund Balance$449,035$506,371▲ $57,336
Total Liabilities and Net Assets / Fund Balance$476,904$570,373▲ $93,469

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$98,586$65,006$163,592
Land$2,000-$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erika CooksExecutive DiFT$78,771$8,188$86,959

Board Members and Trustees

NameTitle
Lee FordPresident
Charles BarnesDirector
Daniel EveloffDirector
Johnny StreetsDirector
Tammy TeeceeDirector
Tracey PowellDirector
Gaila AndersonSec/treasure
Ahmad R KarehVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Tobler ConstructionNew Constructio3071 MLK BLVD, Fort Myers, FL 33916$122,163
Revenue and Support

Revenue Composition

Contributions and Grants
$701,829
Program Service Revenue
$351,333
Investment Income
$165
Other Revenue
$1,400
All Other Contributions
$76,941
Change in Net Assets
$57,336

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,054,727
Total Revenue per Audited Statements
$1,054,727
Total Revenue per Form 990
$1,054,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$818,608
Grants and Similar Amounts Paid$96,133
Salaries, Compensation, and Employee Benefits$82,650
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$96,133--$96,133
Current Officers, Directors, Trustees, and Key Employees$74,385$8,265-$82,650
Fees for Services Other$56,038$6,519-$62,557
Office Expenses$15,046$5,015-$20,061
Travel$13,651$4,550-$18,201
Occupancy$11,447$3,816-$15,263
Insurance$10,411$3,470-$13,881
Fees for Services Accounting$3,938$3,937-$7,875
Depreciation Depletion$1,772$1,773-$3,545
Other Expenses$1,283$428-$1,711
Total Functional Expenses$959,618$37,773$0$997,391

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$997,391
Total Expenses per Audited Statements$997,391
Total Expenses per Form 990$997,391
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
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
Yes
Conflict-of-interest policy
Yes
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

Organization received copy of the tax return to review, sign and return 8879 for efiling.

Form 990, Page 6, Part VI, Line 15A

Evaluation of the executive director (leased employee) will be done by no less than 2 or more than 3 appointed board members and the evaluation will be presented to the full board for ratification and/or amendment. The evaluation of the executive director shall include the uses of the current form with its broad categories, evaluation of essential functions as identified and listed in the position description and an oral evaluation and review with the board of directors

Form 990, Page 6, Part VI, Line 15B

Evaluation of the key employees (leased employees) will be done by no less than 2 or more than 3 appointed board members and the evaluation will be presented to the full board for ratification and/or amendment. The evaluation of the executive director shall include the uses of the current form with its broad categories, evaluation of essential functions as identified and listed in the position description and an oral evaluation and review with the board of directors

Form 990, Page 6, Part VI, Line 19

Documents are made available upon request.

Form 990, Part VII

Organization uses a peo to provide payroll services, as such "employees" are considered employees of the peo and not the organization. The organization is billed for wages, payroll taxes and benfits by the peo. Officer wages is broken out for transpearancy purposes only.

Filing and Contact Details

Filer

Filer Name
Lee County Housing Development
EIN
65-0295038
Phone
2392755105
Address
PO BOX 2854, FORT MYERS, FL 33902-2854

Signing Officer

Name
Lee Ford
Title
President
Phone
2392755105
Signed
2020-08-10

Organization Details

Principal Officer
Lee Ford
Formed
1991
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Stroemer & Company
Address
14030 METROPOLIS AVE STE 200, FORT MYERS, FL 33912
Preparer
John Stroemer CPA Cfst Cam Gri
Phone
2394331002
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Organization was formed to provide low income families of lee county florida with affordable housing by constructing and providing needed resources to such individuals who would not be able to afford such housing for themselves or their families.

Form 990, Page 1, Part I, Line 6

3 acting as officers/6 as board members - meet once a month for approximately 2 hours a month

Form 990, Page 2, Part III, Line 4C

The lchdc housing stabilization program is designed to provide financial assistance to families and individuals, who are residing in lee county fl area, gain or maintain housing stability. This program targets two populations of persons facing housing instability: 1. Families or individuals who are still housed within lee county but are at imminent risk of becoming homeless and; 2. Families or individuals who are already homeless and seeking housing within lee county. This program assistance is not intended to provide long-term support for program participants, and it is not intended to provide all supportive service needs of households that affect housing stability. The program instead is part of a plan made in partnership with the family and other community resources, relying on community resources, agency partners, and mainstream benefits to help households regain stability. The county will utilize grant funding to conduct activities associated with the hsp program. Form of assistance the housing stabilization program funds will be used to provide temporary rental and/or security deposit assistance up to a maximum of 1500 per household for 20 households and is based upon funding availability. The housing stabilization plan plays a primary role in determining the amounts and types of assistance the participant will need to become housed in permanent housing or move toward stability. Any rental housing unit, the rental for which is paid, in whole or in part, with rental assistance received under the housing stabilization program, shall be in compliance with the housing quality standards of the united states department of housing and urban development. 5 families or individuals received utility assistance.

Financial Statement Notes

Schedule D, Page 3, Part X

The internal revenue service has determined that the organization is exempt from federal income taxes under section 501(c)3 of the internal revenue code. The organization is a not-for-profit florida corporation and therefore is not subject to state income tax taxes. 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. The organization's tax filings are subject to audit by various taxing authorities. Certain income tax returns filed by the organization remain open to examination by these government agencies. The organization follows asc topic 740, "income taxes" in accounting for uncertain tax positions. The organization has evaluated its tax positions and any estimates utilized in its tax returns, and concluded that the organization has taken no uncertain tax positions that require adjustments to the financial statements to comply with the provisions of this guidance. Interest and penalties associated with uncertain tax positions will be recognized in income tax expense, if required.

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IRS990/OtherExpensesGrp/Desc3CREDIT REPORTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0428
IRS990/OtherExpensesGrp/ProgramServicesAmt0669089
IRS990/OtherExpensesGrp/ProgramServicesAmt13335
IRS990/OtherExpensesGrp/ProgramServicesAmt23090
IRS990/OtherExpensesGrp/ProgramServicesAmt31283
IRS990/OtherExpensesGrp/TotalAmt0669089
IRS990/OtherExpensesGrp/TotalAmt13335
IRS990/OtherExpensesGrp/TotalAmt23090
IRS990/OtherExpensesGrp/TotalAmt31711
IRS990/OtherRevenueMiscGrp/Desc0GROUND LEASE FEES
IRS990/OtherRevenueMiscGrp/ExclusionAmt01400
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01400
IRS990/OtherRevenueTotalAmt01400
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PoliticalCampaignActyInd0false
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010641
IRS990/PrincipalOfficerNm0LEE FORD
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CUSTOMER HOME SALES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CUSTOMER SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0277971
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt161390
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211972
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt161390
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211972
IRS990/ProgSrvcAccomActy2Grp/Desc0ORGANIZATION PROVIDES HOUSING COUNSELING, HOMELESS COUNSELING, VA COUNSELING, FINAINCIAL EDUCATION AND FORECLOSURE PREVENTION SERVICES FOR RESIDENTS OF LEE COUNTY FLORIDA. OVER 137 CLIENTS RECEIVED COUNSELING AND 14 RECEIVED FORECLOSURE PREVENTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0123730
IRS990/ProgSrvcAccomActy2Grp/GrantAmt011916
IRS990/ProgSrvcAccomActy3Grp/Desc0THE LCHDC HOUSING STABILIZATION PROGRAM IS DESIGNED TO PROVIDE FINANCIAL ASSISTANCE TO FAMILIES AND INDIVIDUALS, WHO ARE RESIDING IN LEE COUNTY FL AREA, GAIN OR MAINTAIN HOUSING STABILITY. THIS PROGRAM TARGETS TWO POPULATIONS OF PERSONS FACING HOUSING INSTABILITY: 1. FAMILIES OR INDIVIDUALS WHO ARE STILL HOUSED WITHIN LEE COUNTY BUT ARE AT IMMINENT RISK OF BECOMING HOMELESS AND; 2. FAMILIES OR INDIVIDUALS WHO ARE ALREADY HOMELESS AND SEEKING HOUSING WITHIN LEE COUNTY. THIS PROGRAM ASSISTANCE IS NOT INTENDED TO PROVIDE LONG-TERM SUPPORT FOR PROGRAM PARTICIPANTS, AND IT IS NOT INTENDED TO PROVIDE ALL SUPPORTIVE SERVICE NEEDS OF HOUSEHOLDS THAT AFFECT HOUSING STABILITY. THE PROGRAM INSTEAD IS PART OF A PLAN MADE IN PARTNERSHIP WITH THE FAMILY AND OTHER COMMUNITY RESOURCES, RELYING ON COMMUNITY RESOURCES, AGENCY PARTNERS, AND MAINSTREAM BENEFITS TO HELP HOUSEHOLDS REGAIN STABILITY. THE COUNTY WILL UTILIZE GRANT FUNDING TO CONDUCT ACTIVITIES ASSOCIATED WITH THE HSP PROGRAM. FORM OF ASSISTANCE THE HOUSING STABILIZATION PROGRAM FUNDS WILL BE USED TO PROVIDE TEMPORARY RENTAL AND/OR SECURITY DEPOSIT ASSISTANCE UP TO A MAXIMUM OF 1500 PER HOUSEHOLD FOR 20 HOUSEHOLDS AND IS BASED UPON FUNDING AVAILABILITY. THE HOUSING STABILIZATION PLAN PLAYS A PRIMARY ROLE IN DETERMINING THE AMOUNTS AND TYPES OF ASSISTANCE THE PARTICIPANT WILL NEED TO BECOME HOUSED IN PERMANENT HOUSING OR MOVE TOWARD STABILITY. ANY RENTAL HOUSING UNIT, THE RENTAL FOR WHICH IS PAID, IN WHOLE OR IN PART, WITH RENTAL ASSISTANCE RECEIVED UNDER THE HOUSING STABILIZATION PROGRAM, SHALL BE IN COMPLIANCE WITH THE HOUSING QUALITY STANDARDS OF THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 5 FAMILIES OR INDIVIDUALS RECEIVED UTILITY ASSISTANCE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt02100
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0243471
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0360064
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02016628
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01172
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98990
IRS990ScheduleA/PublicSupportPY170Pct00.98390
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02016628
IRS990ScheduleA/TotalSupportAmt02037173
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0400
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt07637
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt03526
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt019373
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt02000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt098586
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0163592
IRS990ScheduleD/RevenueSubtotalAmt01054727
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS A NOT-FOR-PROFIT FLORIDA CORPORATION AND THEREFORE IS NOT SUBJECT TO STATE INCOME TAX TAXES. 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. THE ORGANIZATION'S TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. CERTAIN INCOME TAX RETURNS FILED BY THE ORGANIZATION REMAIN OPEN TO EXAMINATION BY THESE GOVERNMENT AGENCIES. THE ORGANIZATION FOLLOWS ASC TOPIC 740, "INCOME TAXES" IN ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND ANY ESTIMATES UTILIZED IN ITS TAX RETURNS, AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS WILL BE RECOGNIZED IN INCOME TAX EXPENSE, IF REQUIRED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0100586
IRS990ScheduleD/TotalExpensesPerForm990Amt0997391
IRS990ScheduleD/TotalRevenuePerForm990Amt01054727
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01054727
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0997391
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt011916
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt182117
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt22100
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FORECLOSURE PREVENTION
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1RENTAL ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2UTILITY ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt143
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt216
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION WAS FORMED TO PROVIDE LOW INCOME FAMILIES OF LEE COUNTY FLORIDA WITH AFFORDABLE HOUSING BY CONSTRUCTING AND PROVIDING NEEDED RESOURCES TO SUCH INDIVIDUALS WHO WOULD NOT BE ABLE TO AFFORD SUCH HOUSING FOR THEMSELVES OR THEIR FAMILIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13 ACTING AS OFFICERS/6 AS BOARD MEMBERS - MEET ONCE A MONTH FOR APPROXIMATELY 2 HOURS A MONTH
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LCHDC HOUSING STABILIZATION PROGRAM IS DESIGNED TO PROVIDE FINANCIAL ASSISTANCE TO FAMILIES AND INDIVIDUALS, WHO ARE RESIDING IN LEE COUNTY FL AREA, GAIN OR MAINTAIN HOUSING STABILITY. THIS PROGRAM TARGETS TWO POPULATIONS OF PERSONS FACING HOUSING INSTABILITY: 1. FAMILIES OR INDIVIDUALS WHO ARE STILL HOUSED WITHIN LEE COUNTY BUT ARE AT IMMINENT RISK OF BECOMING HOMELESS AND; 2. FAMILIES OR INDIVIDUALS WHO ARE ALREADY HOMELESS AND SEEKING HOUSING WITHIN LEE COUNTY. THIS PROGRAM ASSISTANCE IS NOT INTENDED TO PROVIDE LONG-TERM SUPPORT FOR PROGRAM PARTICIPANTS, AND IT IS NOT INTENDED TO PROVIDE ALL SUPPORTIVE SERVICE NEEDS OF HOUSEHOLDS THAT AFFECT HOUSING STABILITY. THE PROGRAM INSTEAD IS PART OF A PLAN MADE IN PARTNERSHIP WITH THE FAMILY AND OTHER COMMUNITY RESOURCES, RELYING ON COMMUNITY RESOURCES, AGENCY PARTNERS, AND MAINSTREAM BENEFITS TO HELP HOUSEHOLDS REGAIN STABILITY. THE COUNTY WILL UTILIZE GRANT FUNDING TO CONDUCT ACTIVITIES ASSOCIATED WITH THE HSP PROGRAM. FORM OF ASSISTANCE THE HOUSING STABILIZATION PROGRAM FUNDS WILL BE USED TO PROVIDE TEMPORARY RENTAL AND/OR SECURITY DEPOSIT ASSISTANCE UP TO A MAXIMUM OF 1500 PER HOUSEHOLD FOR 20 HOUSEHOLDS AND IS BASED UPON FUNDING AVAILABILITY. THE HOUSING STABILIZATION PLAN PLAYS A PRIMARY ROLE IN DETERMINING THE AMOUNTS AND TYPES OF ASSISTANCE THE PARTICIPANT WILL NEED TO BECOME HOUSED IN PERMANENT HOUSING OR MOVE TOWARD STABILITY. ANY RENTAL HOUSING UNIT, THE RENTAL FOR WHICH IS PAID, IN WHOLE OR IN PART, WITH RENTAL ASSISTANCE RECEIVED UNDER THE HOUSING STABILIZATION PROGRAM, SHALL BE IN COMPLIANCE WITH THE HOUSING QUALITY STANDARDS OF THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 5 FAMILIES OR INDIVIDUALS RECEIVED UTILITY ASSISTANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION RECEIVED COPY OF THE TAX RETURN TO REVIEW, SIGN AND RETURN 8879 FOR EFILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EVALUATION OF THE EXECUTIVE DIRECTOR (LEASED EMPLOYEE) WILL BE DONE BY NO LESS THAN 2 OR MORE THAN 3 APPOINTED BOARD MEMBERS AND THE EVALUATION WILL BE PRESENTED TO THE FULL BOARD FOR RATIFICATION AND/OR AMENDMENT. THE EVALUATION OF THE EXECUTIVE DIRECTOR SHALL INCLUDE THE USES OF THE CURRENT FORM WITH ITS BROAD CATEGORIES, EVALUATION OF ESSENTIAL FUNCTIONS AS IDENTIFIED AND LISTED IN THE POSITION DESCRIPTION AND AN ORAL EVALUATION AND REVIEW WITH THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5EVALUATION OF THE KEY EMPLOYEES (LEASED EMPLOYEES) WILL BE DONE BY NO LESS THAN 2 OR MORE THAN 3 APPOINTED BOARD MEMBERS AND THE EVALUATION WILL BE PRESENTED TO THE FULL BOARD FOR RATIFICATION AND/OR AMENDMENT. THE EVALUATION OF THE EXECUTIVE DIRECTOR SHALL INCLUDE THE USES OF THE CURRENT FORM WITH ITS BROAD CATEGORIES, EVALUATION OF ESSENTIAL FUNCTIONS AS IDENTIFIED AND LISTED IN THE POSITION DESCRIPTION AND AN ORAL EVALUATION AND REVIEW WITH THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ORGANIZATION USES A PEO TO PROVIDE PAYROLL SERVICES, AS SUCH "EMPLOYEES" ARE CONSIDERED EMPLOYEES OF THE PEO AND NOT THE ORGANIZATION. THE ORGANIZATION IS BILLED FOR WAGES, PAYROLL TAXES AND BENFITS BY THE PEO. OFFICER WAGES IS BROKEN OUT FOR TRANSPEARANCY PURPOSES ONLY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 1, PART I, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII
IRS990/SchoolOperatingInd0false
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IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0476904
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IRS990/TravelGrp/ManagementAndGeneralAmt04550
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IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false

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.$1.86$0.81$1.05$4.42$3.89$0.53
2023Summary only. Only limited summary data is available for this year.$1.60$1.08$0.52$1.11$1.11$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.54$0.52$0.29$0.53$0.24
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.52$0.76$0.75$0.49$0.27
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.06$0.49$0.78$0.79$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.57$0.06$0.51$1.05$1.00$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.03$0.45$0.44$0.50$0.05
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.02$0.50$0.40$0.41$0.02
2016Summary only. Only limited summary data is available for this year.$0.53$0.01$0.52$0.33$0.39$0.07
2015Summary only. Only limited summary data is available for this year.$0.60$0.01$0.58$0.41$0.47$0.06
2014Summary only. Only limited summary data is available for this year.$0.65$0.01$0.65$0.52$0.50$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.02$0.63$0.26
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.67$0.02$0.65$0.44
2011Summary only. Only limited summary data is available for this year.$0.60$0.02$0.57$0.68$0.63$0.05
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.22$0.52$1.15