Civic Intelligence

Healthy Brighton Title Holding Corporation Nfp

990 • Fiscal year 2018 • EIN 82-1949374

Jul 01, 2017 to Jun 30, 2018 • Filed on Feb 19, 2019

2001 S California Ave No 100Chicago, IL 60608

(773) 584-6200

Siviq Scores

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

Liabilities / Assets

91st percentile

0.97x

Higher debt load relative to assets than 91% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

100th percentile

1464.03x

Higher debt load relative to revenue than 100% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

67th percentile

$234,334

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1931.7% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$18,283,352

No earlier filing loaded for comparison.

Net Assets

$523,193

No earlier filing loaded for comparison.

Liabilities

$17,760,159

No earlier filing loaded for comparison.

Revenue

$12,131

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$12,131

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2018: $18,283,352Liabilities 2018: $17,760,159Net Assets 2018: $523,1932018Assets 2019: $19,642,289Liabilities 2019: $19,002,556Net Assets 2019: $639,7332019Assets 2020: $17,428,421Liabilities 2020: $17,289,176Net Assets 2020: $139,2452020Assets 2021: $16,877,415Liabilities 2021: $17,306,323Net Assets 2021: -$428,9082021Assets 2022: $17,640,849Liabilities 2022: $17,324,060Net Assets 2022: $316,7892022Assets 2023: $53,626,913Liabilities 2023: $54,471,064Net Assets 2023: -$844,1512023Assets 2024: $46,367,815Liabilities 2024: $47,508,847Net Assets 2024: -$1,141,0322024

Highlighted filing

2018

Assets$18,283,352
Liabilities$17,760,159
Net Assets$523,193

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2018: $12,131Expenses 2018: $0Net Income 2018: $12,1312018Revenue 2019: $563,239Expenses 2019: $513,949Net Income 2019: $49,2902019Revenue 2020: $161,299Expenses 2020: $661,787Net Income 2020: -$500,4882020Revenue 2021: $142,090Expenses 2021: $710,243Net Income 2021: -$568,1532021Revenue 2022: $129,576Expenses 2022: $695,814Net Income 2022: -$566,2382022Revenue 2023: $103,761Expenses 2023: $695,816Net Income 2023: -$592,0552023Revenue 2024: $247,279Expenses 2024: $1,341,486Net Income 2024: -$1,094,2072024

Highlighted filing

2018

Revenue$12,131
Expenses$0
Net Income$12,131
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Feb 19, 2019
Return Version
2017v2.3
Gross Receipts
$12,131
Mission and Program Overview

Mission

The primary mission of the corporation is holding title or a leasehold interest in property, collecting income from that property, and turning over the entire amount of such income, less expenses, to esperanza health centers, an illinois not-for-profit corporation.

Holding title or a leasehold interest in property, collecting income from that property, and turning over the entire amount of such income, less expenses, to esperanza health centers, an illinois not-for-profit corporation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$12,643,531-
Land, Buildings, and Equipment, Net$0$5,639,821▲ $5,639,821
Total Assets$0$18,283,352▲ $18,283,352
Liabilities
Mortgage Notes Payable Secured by Investment Property-$17,267,893-
Accounts Payable and Accrued Expenses-$492,266-
Total Liabilities$0$17,760,159▲ $17,760,159
Net Assets / Fund Balance
Unrestricted Net Assets-$523,193-
Total Net Assets Fund Balance$0$523,193▲ $523,193
Total Liabilities and Net Assets / Fund Balance$0$18,283,352▲ $18,283,352

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,343,089-$3,343,089
Other Land Buildings$2,296,732-$2,296,732
Compensation and Service Providers

Employees

NameTitleOtherTotal
Adrian SotoSecretary$119,962$119,962

Board Members and Trustees

NameTitle
Dan FulwilerPresident
Anthony MacchioneDirector
Kathleen GregoryDirector
Wayne SottileTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$12,131
Other Revenue
$0
Change in Net Assets
$12,131
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Esperanza health centers is the sole member of the organization.

Form 990, Part VI, Section A, Line 7A

Esperanza health centers shall elect a majority of the organization's board of directors in accordance with article iii of the organization's bylaws.

Form 990, Part VI, Section A, Line 7B

Any amendment of the corporation's bylaws requires the consent of esperanza health center, the organization's sole corporate member.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided to the board of directors in draft form prior to filing.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is organized exclusively for charitable purposes under section 501(c)(3) of the code, and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the organization operates in a manner consistent with its charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction.

Form 990, Part VI, Section B, Line 15A

The organization does not provide any direct compensation to its officers and has no employees. Compensation for the ceo of the organization's sole member is determined by the board of director's of the sole member, esperanza health center, and is included in the board minutes. The decision is made using comparison to organizational goals and comparability data of other similar sized organizations.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Healthy Brighton Title Holding
EIN
82-1949374
Phone
7735846200
Address
2001 S CALIFORNIA AVE NO 100, CHICAGO, IL 60608

Signing Officer

Name
Ryan Gadia
Title
Treasurer
Phone
7735846200
Signed
2019-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Gadia
Formed
2017
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
5

Preparer

Firm
Cliftonlarsonallen Llp
Address
1301 W 22ND ST STE 1100, OAK BROOK, IL 60523
Preparer
Chris Manderfield
Phone
6305738600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer of net assets from esperanza health centers 511,062.

FORM 990, PART XII, LINE 2C:

The organization did not change its process for oversight of the audit during the year.

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code (irc). In addition, the organization qualifies for the charitable contribution deduction under section 170 and has been classified as an organization that is not a private foundation. The organization was not required to record a liability for unrecognized tax benefits for the years ended june 30, 2018.

Raw XML Appendix388 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ESPERANZA HEALTH CENTERS IS THE SOLE MEMBER OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ESPERANZA HEALTH CENTERS SHALL ELECT A MAJORITY OF THE ORGANIZATION'S BOARD OF DIRECTORS IN ACCORDANCE WITH ARTICLE III OF THE ORGANIZATION'S BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ANY AMENDMENT OF THE CORPORATION'S BYLAWS REQUIRES THE CONSENT OF ESPERANZA HEALTH CENTER, THE ORGANIZATION'S SOLE CORPORATE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS IN DRAFT FORM PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) OF THE CODE, AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION, AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT PROVIDE ANY DIRECT COMPENSATION TO ITS OFFICERS AND HAS NO EMPLOYEES. COMPENSATION FOR THE CEO OF THE ORGANIZATION'S SOLE MEMBER IS DETERMINED BY THE BOARD OF DIRECTOR'S OF THE SOLE MEMBER, ESPERANZA HEALTH CENTER, AND IS INCLUDED IN THE BOARD MINUTES. THE DECISION IS MADE USING COMPARISON TO ORGANIZATIONAL GOALS AND COMPARABILITY DATA OF OTHER SIMILAR SIZED ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TRANSFER OF NET ASSETS FROM ESPERANZA HEALTH CENTERS 511,062.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION DID NOT CHANGE ITS PROCESS FOR OVERSIGHT OF THE AUDIT DURING THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C:
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RYAN GADIA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07735846200
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEALTHY BRIGHTON TITLE HOLDING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION NFP
ReturnHeader/Filer/BusinessNameControlTxt0HEAL
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ReturnHeader/Filer/PhoneNum07735846200
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt067.137.57.251
ReturnHeader/FilingSecurityInformation/IPDt02019-02-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm008:29:14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01301 W 22ND ST STE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK BROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060523
ReturnHeader/PreparerPersonGrp/PhoneNum06305738600
ReturnHeader/PreparerPersonGrp/PreparationDt02019-02-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRIS MANDERFIELD
ReturnHeader/ReturnTs02019-02-27T10:19:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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