Civic Intelligence

Hoc Lending Inc.

990EZ • Fiscal year 2017 • EIN 82-2154953

Jan 01, 2017 to Dec 31, 2017 • Filed on Aug 26, 2018

Organization ProfileN/A
333 Sherman AveNew Haven, CT 06511

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.05x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

100th percentile

12082.00x

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

1st percentile

-486100%

Higher net margin than 1% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

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

Source year 2017

Revenue Growth

Score unavailable

No value available

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

Source year 2017

Balance Sheet
Liabilities / Assets72nd percentile

Assets

$259,221

No earlier filing loaded for comparison.

Net Assets

$247,139

No earlier filing loaded for comparison.

Liabilities

$12,082

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue100th percentileNet Margin1st percentile

Revenue

$1

No earlier filing loaded for comparison.

Expenses

$4,862

No earlier filing loaded for comparison.

Net Income

-$4,861

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$1.0M$500K$0Assets 2017: $259,221Liabilities 2017: $12,082Net Assets 2017: $247,1392017Assets 2018: $262,022Net Assets 2018: $262,0222018Assets 2019: $258,872Net Assets 2019: $258,8722019Assets 2020: $341,083Liabilities 2020: $39,195Net Assets 2020: $301,8882020Assets 2021: $890,251Liabilities 2021: $123,079Net Assets 2021: $767,1722021Assets 2022: $911,743Liabilities 2022: $21,884Net Assets 2022: $889,8592022Assets 2023: $963,303Liabilities 2023: $81,709Net Assets 2023: $881,5942023Assets 2024: $456,369Liabilities 2024: $14,327Net Assets 2024: $442,0422024

Highlighted filing

2017

Assets$259,221
Liabilities$12,082
Net Assets$247,139
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$600K$400K$200K$0-$200KRevenue 2017: $1Expenses 2017: $4,862Net Income 2017: -$4,8612017Revenue 2018: $35,310Expenses 2018: $20,426Net Income 2018: $14,8842018Revenue 2019: $22,134Expenses 2019: $25,284Net Income 2019: -$3,1502019Revenue 2020: $81,182Expenses 2020: $38,166Net Income 2020: $43,0162020Revenue 2021: $583,035Expenses 2021: $117,751Net Income 2021: $465,2842021Revenue 2022: $144,586Expenses 2022: $164,341Net Income 2022: -$19,7552022Revenue 2023: $171,497Expenses 2023: $179,762Net Income 2023: -$8,2652023Revenue 2024: $22,320Expenses 2024: $14,443Net Income 2024: $7,8772024

Highlighted filing

2017

Revenue$1
Expenses$4,862
Net Income-$4,861
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Aug 26, 2018
Return Version
2017v2.3
Gross Receipts
$1
Mission and Program Overview

Mission

To provide low cost financing to low income families

Program Services

DescriptionGrantsExpenses
EXPENSES TO PERFORM LOW COST FINANCING.-$4,862
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES PALEYExecutive DiFT$0--
CHRIS PROKOPPresidentPT$0--
CELESTE SUGGSVice PresidePT$0--
LESLIE RADCLIFFESecretaryPT$0--
KEVIN A MORANTreasurerPT$0--
VIRGINIA STEVENSONImmed. Past-$0--
SANDRA HADLANDBoard Member-$0--
DONNA HALLBoard Member-$0--
CAROL HELLERBoard Member-$0--
CHARLES LEMERTBoard Member-$0--
SARAH MCQUEENBoard Member-$0--
JEFFREY MORENOBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Hoc Lending Inc
EIN
82-2154953
Phone
8778295500
Address
333 SHERMAN AVE, NEW HAVEN, CT 06511

Signing Officer

Name
James Paley
Title
Executive Director
Phone
2037776925
Signed
2018-08-26
Discuss with paid preparer
Yes

Preparer

Firm
Michaud Accavallo Woodbridge & Cusano
Address
166 ROUTE 81, KILLINGWORTH, CT 06419
Preparer
Darin L Offerdahl Mba CPA
Phone
8606630110
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses office exp & supplies 3,381 postage 31 total 3,412”

Form 990-ez, Part I, Line 20

“TRANSFERS IN 252,000”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 0 7,220 total 0 7,220”

Form 990-ez, Part II, Line 26

“Due to related party 0 12,082”

Raw XML Appendix157 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JAMES PALEY
IRS990EZ/BooksInCareOfDetail/PhoneNum08778295500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 SHERMAN AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW HAVEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006511
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0252001
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-4861
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01450
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0259221
IRS990EZ/GrossReceiptsAmt01
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0247139
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0247139
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt45.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt72.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt82.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt92.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt102.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt112.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt110
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JAMES PALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CHRIS PROKOP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CELESTE SUGGS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LESLIE RADCLIFFE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KEVIN A MORAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5VIRGINIA STEVENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6SANDRA HADLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DONNA HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CAROL HELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9CHARLES LEMERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10SARAH MCQUEEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11JEFFREY MORENO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5IMMED. PAST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07220
IRS990EZ/OtherChangesInNetAssetsAmt0252000
IRS990EZ/OtherExpensesTotalAmt03412
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE LOW COST FINANCING TO LOW INCOME FAMILIES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPENSES TO PERFORM LOW COST FINANCING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04862
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt012082
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04862
IRS990EZ/TotalProgramServiceExpensesAmt04862
IRS990EZ/TotalRevenueAmt01
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt01
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01
IRS990ScheduleA/Total509Grp/TotalAmt01
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXP & SUPPLIES 3,381 POSTAGE 31 TOTAL 3,412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRANSFERS IN 252,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 0 7,220 TOTAL 0 7,220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUE TO RELATED PARTY 0 12,082
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES PALEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02037776925
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-08-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HOC LENDING INC
ReturnHeader/Filer/BusinessNameControlTxt0HOCL
ReturnHeader/Filer/EIN0822154953
ReturnHeader/Filer/PhoneNum08778295500
ReturnHeader/Filer/USAddress/AddressLine1Txt0333 SHERMAN AVE
ReturnHeader/Filer/USAddress/CityNm0NEW HAVEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006511
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0599C6CB1528B9F395393E396F44C37BA53BA4379
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0394028CF68D9AE984B5FC92E0031264E4574CCB7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.146.7.21
ReturnHeader/FilingSecurityInformation/IPDt02018-08-30
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:24:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030500350
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAUD ACCAVALLO WOODBRIDGE & CUSANO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0166 ROUTE 81
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KILLINGWORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006419
ReturnHeader/PreparerPersonGrp/PhoneNum08606630110
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DARIN L OFFERDAHL MBA CPA
ReturnHeader/ReturnTs02018-08-30T10:24:50-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$259,221
Liabilities
$12,082
Net assets
$247,139
Revenue
$1
Expenses
$4,862
Net income
-$4,861
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.56$0.14$4.42$0.22$0.14$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.63$0.82$8.82$1.71$1.80$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.12$0.22$8.90$1.45$1.64$0.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.90$1.23$7.67$5.83$1.18$4.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.41$0.39$3.02$0.81$0.38$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$2.59$0.22$0.25$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.62$2.62$0.35$0.20$0.15
2017Detailed filing. Detailed filing data is available for this year.$2.59$0.12$2.47$0.00$0.05$0.05