Civic Intelligence

Veer Community Development Corporation

990 • Fiscal year 2014 • EIN 74-3172780

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 05, 2015

Organization ProfileN/A
PO Box 291714Columbia, SC 29229

(803) 736-8304

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

41st percentile

0.0%

Higher net margin than 41% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

75th percentile

$2,750

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 10.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Revenue Growth

5th percentile

-66%

Faster revenue growth than 5% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$0

Flat from 2013

Net Assets

Flat

$0

Flat from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin41st percentile

Revenue

Down

$27,448

Down $53,993 (-66%) from 2013

Expenses

Down

$27,448

Down $53,976 (-66%) from 2013

Net Income

Down

$0

Down $17 (-100%) from 2013

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.5K$1.0K$500$0-$500Assets 2010: $1,470Liabilities 2010: $0Net Assets 2010: $1,4702010Assets 2011: $1Liabilities 2011: $0Net Assets 2011: $12011Assets 2012: $0Liabilities 2012: $17Net Assets 2012: -$172012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2017: $1Liabilities 2017: $0Net Assets 2017: $12017Assets 2018: $1Liabilities 2018: $02018Assets 2019: $1Liabilities 2019: $02019

Highlighted filing

2014

Assets$0
Liabilities$0
Net Assets$0
Open 2014 Filing

Operations Trend

Revenue Growth5th percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $214,5022010Revenue 2011: $76,550Expenses 2011: $78,019Net Income 2011: -$1,4692011Expenses 2012: $140,1862012Revenue 2013: $81,441Expenses 2013: $81,424Net Income 2013: $172013Revenue 2014: $27,448Expenses 2014: $27,448Net Income 2014: $02014Revenue 2017: $86,892Expenses 2017: $87,263Net Income 2017: -$3712017Revenue 2018: $52,287Expenses 2018: $52,287Net Income 2018: $02018Revenue 2019: $44,557Expenses 2019: $44,537Net Income 2019: $202019

Highlighted filing

2014

Revenue$27,448
Expenses$27,448
Net Income$0
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 5, 2015
Return Version
2014v5.0
Gross Receipts
$27,448
Mission and Program Overview

Mission

Veer community development assists govermental housing authorities in the columbia, sc area in refurbishing homes so that low income indidviduals can establish residency in such homes.

Veer community development assists governmental housing authorities in the columbia, sc area in refurbishing homes so that low income individuals can establish residency in such homes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Total Assets$0$0→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$0$0→ $0
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Leroy BarnettPresidentPT$2,750$2,750
Revenue and Support

Revenue Composition

Contributions and Grants
$27,448
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$27,448
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$24,698--$24,698
Fees for Services Management$275$2,475-$2,750
Total Functional Expenses$24,973$2,475$0$27,448
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
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, Part VI, Section B, Line 11

“The organization's process is to review the form 990 before it is filed.”

Form 990, Part VI, Section C, Line 18

“AVAILABLE UPON REQUEST.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Veer Community Development Corporation
EIN
74-3172780
Phone
8037368304
Address
PO BOX 291714, COLUMBIA, SC 29229

Signing Officer

Name
Leroy Barnett
Title
President
Phone
8037368304
Signed
2015-08-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Leroy Barnett
Formed
2006
Legal Domicile
Sc
Voting Board Members
1
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Mcgregor and Company Llp
Address
POST OFFICE BOX 135, COLUMBIA, SC 29202
Preparer
T Mark Mccall CPA
Phone
8037870003
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Subcontractor expenses: program service expenses 24,698. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,698.”

Raw XML Appendix245 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/LoanOutstandingInd00
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MoreThan5000KToIndividualsInd00
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt081441
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140168
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt076550
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IRS990/ScheduleBRequiredInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S PROCESS IS TO REVIEW THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUBCONTRACTOR EXPENSES: PROGRAM SERVICE EXPENSES 24,698. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,698.
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ReturnHeader/BuildTS02016-03-07 17:11:31Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0LEROY BARNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08037368304
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VEER COMMUNITY DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0VEER
ReturnHeader/Filer/EIN0743172780
ReturnHeader/Filer/PhoneNum08037368304
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
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ReturnHeader/PreparerPersonGrp/PhoneNum08037870003
ReturnHeader/PreparerPersonGrp/PreparationDt02015-08-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0T MARK MCCALL CPA
ReturnHeader/ReturnTs02015-08-17T07:44:59-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$27,448
Expenses
$27,448
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$0.45$0.45$0.00
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.52$0.52$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.87$0.87$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.27$0.27$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.81$0.81$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$1.40
2011Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.77$0.78$0.01
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$2.15