Civic Intelligence

Homesfund

990 • Fiscal year 2018 • EIN 80-0266636

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 22, 2019

124 East 9th StreetDurango, CO 81301

(970) 259-1418

Siviq Scores

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

Liabilities / Assets

12th percentile

0.00x

Higher debt load relative to assets than 12% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

13th percentile

0.01x

Higher debt load relative to revenue than 13% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

33rd percentile

$84,502

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

80th percentile

16%

Faster asset growth than 80% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

10th percentile

-26%

Faster revenue growth than 10% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Up

$6,908,067

Up $939,972 (+16%) from 2017

Net Assets

Up

$6,888,994

Up $934,658 (+16%) from 2017

Liabilities

Up

$19,073

Up $5,314 (+39%) from 2017

Revenue

Down

$1,399,162

Down $490,706 (-26%) from 2017

Expenses

Up

$464,504

Up $7,918 (+1.7%) from 2017

Net Income

Down

$934,658

Down $498,624 (-35%) from 2017

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2010: $1,401,202Liabilities 2010: $29,920Net Assets 2010: $1,371,2822010Assets 2011: $1,510,975Liabilities 2011: $21,089Net Assets 2011: $1,489,8862011Assets 2012: $1,603,753Liabilities 2012: $46,206Net Assets 2012: $1,557,5472012Assets 2013: $1,864,977Liabilities 2013: $80,419Net Assets 2013: $1,784,5582013Assets 2014: $3,062,254Liabilities 2014: $80,666Net Assets 2014: $2,981,5882014Assets 2015: $3,927,202Liabilities 2015: $90,929Net Assets 2015: $3,836,2732015Assets 2016: $4,597,014Liabilities 2016: $75,960Net Assets 2016: $4,521,0542016Assets 2017: $5,968,095Liabilities 2017: $13,759Net Assets 2017: $5,954,3362017Assets 2018: $6,908,067Liabilities 2018: $19,073Net Assets 2018: $6,888,9942018Assets 2019: $8,686,735Liabilities 2019: $20,950Net Assets 2019: $8,665,7852019Assets 2020: $10,820,250Liabilities 2020: $842,494Net Assets 2020: $9,977,7562020Assets 2021: $12,692,092Liabilities 2021: $1,341,676Net Assets 2021: $11,350,4162021Assets 2022: $14,229,382Liabilities 2022: $2,206,131Net Assets 2022: $12,023,2512022Assets 2023: $17,114,956Liabilities 2023: $3,842,896Net Assets 2023: $13,272,0602023Assets 2024: $19,466,574Liabilities 2024: $5,023,087Net Assets 2024: $14,443,4872024

Highlighted filing

2018

Assets$6,908,067
Liabilities$19,073
Net Assets$6,888,994

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $289,8512010Expenses 2011: $173,4262011Expenses 2012: $542,3442012Revenue 2013: $341,366Expenses 2013: $114,355Net Income 2013: $227,0112013Revenue 2014: $1,487,421Expenses 2014: $290,391Net Income 2014: $1,197,0302014Revenue 2015: $1,114,114Expenses 2015: $259,429Net Income 2015: $854,6852015Revenue 2016: $1,115,418Expenses 2016: $430,637Net Income 2016: $684,7812016Revenue 2017: $1,889,868Expenses 2017: $456,586Net Income 2017: $1,433,2822017Revenue 2018: $1,399,162Expenses 2018: $464,504Net Income 2018: $934,6582018Revenue 2019: $2,395,649Expenses 2019: $555,728Net Income 2019: $1,839,9212019Revenue 2020: $1,364,471Expenses 2020: $553,283Net Income 2020: $811,1882020Revenue 2021: $1,385,427Expenses 2021: $632,921Net Income 2021: $752,5062021Revenue 2022: $1,091,718Expenses 2022: $773,982Net Income 2022: $317,7362022Revenue 2023: $1,998,807Expenses 2023: $832,604Net Income 2023: $1,166,2032023Revenue 2024: $2,214,449Expenses 2024: $1,096,280Net Income 2024: $1,118,1692024

Highlighted filing

2018

Revenue$1,399,162
Expenses$464,504
Net Income$934,658
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 22, 2019
Return Version
2018v3.1
Gross Receipts
$1,402,816
Mission and Program Overview

Mission

The homesfund seeks to lessen the burdens of government in la plata county , colorado by supporting the creation and provision of affordable housing to lower income households in la plata and surrounding communities.

The homesfund seeks to lessen the burdens of government in la plata county, colorado by supporting the creation and provision of affordable housing to lower income households

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,018,534$4,516,006▲ $497,472
Savings and Temporary Cash Investments-$1,812,217-
Pledges and Grants Receivable$41,138$206,366▲ $165,228
Cash and Non-Interest-Bearing Accounts$1,871,140$161,039▼ $1,710,101
Land, Buildings, and Equipment, Net$0$160,706▲ $160,706
Accounts Receivable$3,614$40,552▲ $36,938
Prepaid Expenses and Deferred Charges$9,520$11,181▲ $1,661
Total Assets$5,968,095$6,908,067▲ $939,972
Other Assets Total$24,149--
Liabilities
Accounts Payable and Accrued Expenses$13,759$19,073▲ $5,314
Total Liabilities$13,759$19,073▲ $5,314
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,666,133$4,955,334▲ $289,201
Unrestricted Net Assets$1,288,203$1,933,660▲ $645,457
Total Net Assets Fund Balance$5,954,336$6,888,994▲ $934,658
Total Liabilities and Net Assets / Fund Balance$5,968,095$6,908,067▲ $939,972

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$160,706$2,034-
Equipment$0$2,310-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lisa Bloomquist PalmerExecutive DirectorFT$78,582$5,920$84,502
Pam MooreDeputy DirectorFT$72,223$4,709$76,932

Board Members and Trustees

NameTitle
Sidny ZinkChair
Laura Lewis MarchinoVice-chair
Jim WotkynsMember
Paul RootMember
Shawn CandelariaMember
Tamara MatneyMember
Teresa MaloneSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$956,223
Program Service Revenue
$339,462
Investment Income
$104,298
Other Revenue
$-821
All Other Contributions
$956,223
Change in Net Assets
$934,658

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,402,816
Revenue Not Reported on Financial Statements
$-3,654
Other Revenue Adjustments
$-3,654
Total Revenue per Audited Statements
$1,402,816
Total Revenue per Form 990
$1,399,162
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$289,797
Other Expenses$174,707
Total Fundraising Expense$16,417
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$106,085$32,777$11,943$150,805
Other Salaries and Wages$82,372$14,222$114$96,708
All Other Expenses$72,489$1,615$616$74,720
Other Employee Benefits$31,427$8,912$1,945$42,284
Occupancy$673$32,430$0$33,103
Other Expenses$7,763$24,728$0$32,491
Insurance$800$8,710$0$9,510
Office Expenses$3,133$5,162$0$8,295
Travel$5,416$304$0$5,720
Advertising$999$28$1,799$2,826
Information Technology$1,340$831$0$2,171
Total Functional Expenses$318,368$129,719$16,417$464,504

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$468,158
Expenses per Audited Statements$464,504
Total Expenses per Form 990$464,504
Expenses Not Reported on Form 990$3,654
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
Yes
Audit committee
Yes
Backup withholding compliance
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
Filing and Contact Details

Filer

Filer Name
Homesfund
EIN
80-0266636
Phone
9702591418
Address
124 EAST 9TH STREET, DURANGO, CO 81301

Signing Officer

Name
Sidny Zink
Title
Chairperson
Phone
9702591418
Signed
2019-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sidny Zink
Formed
2008
Legal Domicile
Co
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
23

Preparer

Firm
Chadwick Steinkirchner Davis & CO
Address
2499 Highway 6 and 50, Grand Junction, CO 81505
Preparer
Orville F Petersen CPA
Phone
9702453000
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Form 990 and all attachments are reviewed by the board of directors.

Pt VI, Line 12C

It is improper to use one's position, directly or indirectly, for private gain, to advance personal interest or to obtain favors or benefits for oneself, a family member, or any other person. Employees are expected to give this subject their careful attention and to seek guidance from the executive director whenever there is any doubt as to whether a conflict of interest may exist.

Pt VI, Line 15A

An officer's compensation is determined by the job description. Each position has a job description on file, which has been approved by the board. The job description outlines basic responsibilities and duties for that position. The officer shall periodically review and update the job description whenever any significant changes occur in the job. This revised position description shall be submitted by the supervisor to the executive director for review and approval. If approved by the executive director the revised job description shall be submitted for board approval and for reclassification if necessary.

Pt VI, Line 15B

An employee's compensation is determined by the job description. Each homesfund position has a job description on file, which has been approved by the homesfund executive director and the board. The job description outlines basic responsibilities and duties for that position. The employee and/or supervisor shall periodically review and update the job description whenever any significant changes occur in the job. This revised position description shall be submitted by the supervisor to the executive director for review and approval. If approved by the executive director the revised job description shall be submitted for board approval and for reclassification if necessary.

Pt VI, Line 19

The organization's financial statements, governing documents and board minutes are available to the public upon request.

Form 990, Part IX, Line 24E

Janitorial services 1440. 0. 1440. 0.

Form 990, Part IX, Line 24E

Home inspections 479. 479. 0. 0.

Form 990, Part IX, Line 24E

Enterprise zone sponsorship 616. 0. 0. 616.

Form 990, Part IX, Line 24E

Dues & subscriptions 1542. 1367. 175. 0.

Form 990, Part IX, Line 24E

Credit checks 3163. 3163. 0. 0.

Form 990, Part IX, Line 24E

Cdbg process fee 10300. 10300. 0. 0.

Form 990, Part IX, Line 24E

Background check 1180. 1180. 0. 0.

Form 990, Part IX, Line 24E

Provision for loan loss 56000. 56000. 0. 0.

Financial Statement Notes

Pt X, Line 2

During 2018 and 2017, HomesFund had no unrelated business activities and believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

Pt XI, Line 4B

Rental expenses, Form 990 Part VIII, Line 6b

Pt XII, Line 2D

Rental expenses, Form 990 Part VIII, Line 6b

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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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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01945
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08912
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt031427
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042284
IRS990/OtherExpensesGrp/Desc0HOMEBUYER EDUCATION CLASS
IRS990/OtherExpensesGrp/Desc1BANK FEES
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL DEVELOPMENT
IRS990/OtherExpensesGrp/Desc3PROFESSIONAL SERVICES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt324728
IRS990/OtherExpensesGrp/ProgramServicesAmt04229
IRS990/OtherExpensesGrp/ProgramServicesAmt1751
IRS990/OtherExpensesGrp/ProgramServicesAmt2891
IRS990/OtherExpensesGrp/ProgramServicesAmt37763
IRS990/OtherExpensesGrp/TotalAmt04229
IRS990/OtherExpensesGrp/TotalAmt1751
IRS990/OtherExpensesGrp/TotalAmt2891
IRS990/OtherExpensesGrp/TotalAmt332491
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0114
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014222
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt082372
IRS990/OtherSalariesAndWagesGrp/TotalAmt096708
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt04018534
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04516006
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt041138
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0206366
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09520
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt011181
IRS990/PrincipalOfficerNm0SIDNY ZINK
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0522310
IRS990/ProgramServiceRevenueGrp/Desc0FEE INCOME
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0339462
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01551292
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt081616
IRS990/PYOtherExpensesAmt0134895
IRS990/PYProgramServiceRevenueAmt0256960
IRS990/PYRevenuesLessExpensesAmt01433282
IRS990/PYSalariesCompEmpBnftPaidAmt0321691
IRS990/PYTotalExpensesAmt0456586
IRS990/PYTotalRevenueAmt01889868
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0934658
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-821
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0429077
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01812217
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0956223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01551292
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0821826
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01023066
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01300136
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05652543
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0104298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt081616
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt029615
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt029333
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04085
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0248947
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95780
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.97140
IRS990ScheduleA/PublicSupportTotal170Amt05652543
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0956223
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01551292
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0821826
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01023066
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01300136
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05652543
IRS990ScheduleA/TotalSupportAmt05901490
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0160706
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02034
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0162740
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt02310
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt02310
IRS990ScheduleD/ExpensesNotReportedAmt03654
IRS990ScheduleD/ExpensesSubtotalAmt0464504
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt03654
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-3654
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-3654
IRS990ScheduleD/RevenueSubtotalAmt01402816
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0During 2018 and 2017, HomesFund had no unrelated business activities and believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Rental expenses, Form 990 Part VIII, Line 6b
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Rental expenses, Form 990 Part VIII, Line 6b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0160706
IRS990ScheduleD/TotalExpensesPerForm990Amt0464504
IRS990ScheduleD/TotalRevenuePerForm990Amt01399162
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01402816
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0468158
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 AND ALL ATTACHMENTS ARE REVIEWED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IT IS IMPROPER TO USE ONE'S POSITION, DIRECTLY OR INDIRECTLY, FOR PRIVATE GAIN, TO ADVANCE PERSONAL INTEREST OR TO OBTAIN FAVORS OR BENEFITS FOR ONESELF, A FAMILY MEMBER, OR ANY OTHER PERSON. EMPLOYEES ARE EXPECTED TO GIVE THIS SUBJECT THEIR CAREFUL ATTENTION AND TO SEEK GUIDANCE FROM THE EXECUTIVE DIRECTOR WHENEVER THERE IS ANY DOUBT AS TO WHETHER A CONFLICT OF INTEREST MAY EXIST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN OFFICER'S COMPENSATION IS DETERMINED BY THE JOB DESCRIPTION. EACH POSITION HAS A JOB DESCRIPTION ON FILE, WHICH HAS BEEN APPROVED BY THE BOARD. THE JOB DESCRIPTION OUTLINES BASIC RESPONSIBILITIES AND DUTIES FOR THAT POSITION. THE OFFICER SHALL PERIODICALLY REVIEW AND UPDATE THE JOB DESCRIPTION WHENEVER ANY SIGNIFICANT CHANGES OCCUR IN THE JOB. THIS REVISED POSITION DESCRIPTION SHALL BE SUBMITTED BY THE SUPERVISOR TO THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL. IF APPROVED BY THE EXECUTIVE DIRECTOR THE REVISED JOB DESCRIPTION SHALL BE SUBMITTED FOR BOARD APPROVAL AND FOR RECLASSIFICATION IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AN EMPLOYEE'S COMPENSATION IS DETERMINED BY THE JOB DESCRIPTION. EACH HOMESFUND POSITION HAS A JOB DESCRIPTION ON FILE, WHICH HAS BEEN APPROVED BY THE HOMESFUND EXECUTIVE DIRECTOR AND THE BOARD. THE JOB DESCRIPTION OUTLINES BASIC RESPONSIBILITIES AND DUTIES FOR THAT POSITION. THE EMPLOYEE AND/OR SUPERVISOR SHALL PERIODICALLY REVIEW AND UPDATE THE JOB DESCRIPTION WHENEVER ANY SIGNIFICANT CHANGES OCCUR IN THE JOB. THIS REVISED POSITION DESCRIPTION SHALL BE SUBMITTED BY THE SUPERVISOR TO THE EXECUTIVE DIRECTOR FOR REVIEW AND APPROVAL. IF APPROVED BY THE EXECUTIVE DIRECTOR THE REVISED JOB DESCRIPTION SHALL BE SUBMITTED FOR BOARD APPROVAL AND FOR RECLASSIFICATION IF NECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND BOARD MINUTES ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5JANITORIAL SERVICES 1440. 0. 1440. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6HOME INSPECTIONS 479. 479. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7ENTERPRISE ZONE SPONSORSHIP 616. 0. 0. 616.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DUES & SUBSCRIPTIONS 1542. 1367. 175. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CREDIT CHECKS 3163. 3163. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CDBG PROCESS FEE 10300. 10300. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BACKGROUND CHECK 1180. 1180. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PROVISION FOR LOAN LOSS 56000. 56000. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04666133
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04955334
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05968095
IRS990/TotalAssetsEOYAmt06908067
IRS990/TotalAssetsGrp/BOYAmt05968095
IRS990/TotalAssetsGrp/EOYAmt06908067
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0956223
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt016417
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0129719
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0318368
IRS990/TotalFunctionalExpensesGrp/TotalAmt0464504
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt013759
IRS990/TotalLiabilitiesEOYAmt019073
IRS990/TotalLiabilitiesGrp/BOYAmt013759
IRS990/TotalLiabilitiesGrp/EOYAmt019073
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05954336
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06888994
IRS990/TotalOtherCompensationAmt010629
IRS990/TotalProgramServiceExpensesAmt0318368
IRS990/TotalProgramServiceRevenueAmt0339462
IRS990/TotalReportableCompFromOrgAmt0150805

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$19.5$5.02$14.4$2.21$1.10$1.12
2023Summary only. Only limited summary data is available for this year.$17.1$3.84$13.3$2.00$0.83$1.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.2$2.21$12.0$1.09$0.77$0.32
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$1.34$11.4$1.39$0.63$0.75
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$0.84$9.98$1.36$0.55$0.81
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.69$0.02$8.67$2.40$0.56$1.84
2018Detailed filing. Detailed filing data is available for this year.$6.91$0.02$6.89$1.40$0.46$0.93
2017Summary only. Only limited summary data is available for this year.$5.97$0.01$5.95$1.89$0.46$1.43
2016Summary only. Only limited summary data is available for this year.$4.60$0.08$4.52$1.12$0.43$0.68
2015Detailed filing. Detailed filing data is available for this year.$3.93$0.09$3.84$1.11$0.26$0.85
2014Summary only. Only limited summary data is available for this year.$3.06$0.08$2.98$1.49$0.29$1.20
2013Detailed filing. Detailed filing data is available for this year.$1.86$0.08$1.78$0.34$0.11$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.05$1.56$0.54
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.02$1.49$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.03$1.37$0.29