Civic Intelligence

Hoc Lending Inc.

990EZ • Fiscal year 2018 • EIN 82-2154953

Jan 01, 2018 to Dec 31, 2018 • Filed on Jul 08, 2019

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

57th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.00x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

89th percentile

42%

Higher net margin than 89% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

49th percentile

1.1%

Faster asset growth than 49% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

100th percentile

3530900%

Faster revenue growth than 100% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets57th percentile

Assets

Up

$262,022

Up $2,801 (+1.1%) from 2017

Net Assets

Up

$262,022

Up $14,883 (+6.0%) from 2017

Liabilities

Down

$0

Down $12,082 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin89th percentile

Revenue

Up

$35,310

Up $35,309 (+3530900%) from 2017

Expenses

Up

$20,426

Up $15,564 (+320%) from 2017

Net Income

Up

$14,884

Up $19,745 (+406%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

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: $262,022Liabilities 2018: $0Net 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

2018

Assets$262,022
Liabilities$0
Net Assets$262,022
Open 2018 Filing

Operations Trend

Revenue Growth100th percentile

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

2018

Revenue$35,310
Expenses$20,426
Net Income$14,884
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jul 8, 2019
Return Version
2018v3.1
Gross Receipts
$35,310
Mission and Program Overview

Mission

To provide low cost financing to low income families

Program Services

DescriptionGrantsExpenses
EXPENSES TO PERFORM LOW COST FINANCING.-$20,426
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JAMES PALEYExecutive Di-$0--
LESLIE RADCLIFFEPresidentPT$0--
VIRGINIA STEVENSONImmed. Past-$0--
SANDRA HADLANDBoard Member-$0--
DONNA HALLBoard Member-$0--
CAROL HELLERVice PresidePT$0--
CHARLES LEMERTBoard Member-$0--
SARAH MCQUEENSecretaryPT$0--
ROBYN HANDYBoard Member-$0--
JACQUELYN PHEANIOUSBoard 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
2019-07-08
Discuss with paid preparer
Yes

Preparer

Firm
Mawc LLC
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 761 insurance 9,470 postage 9 public relations 338 staff training 182 total 10,760”

Form 990-ez, Part II, Line 24

“Grants receivable 0 3,000 prepaid expenses and deferred charges 7,220 6,045 mortgage loans receivable 0 9,300 total 7,220 18,345”

Form 990-ez, Part II, Line 26

“Due to related party 12,082 0”

Raw XML Appendix155 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/BOYAmt0252000
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0243677
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0300
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt014884
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt03217
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0259220
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0262022
IRS990EZ/GrossReceiptsAmt035310
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0247138
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0262022
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0247138
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0262022
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt03.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt55.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt75.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt82.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt92.00
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/PersonNm0JAMES PALEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LESLIE RADCLIFFE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2VIRGINIA STEVENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SANDRA HADLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DONNA HALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CAROL HELLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHARLES LEMERT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7SARAH MCQUEEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8ROBYN HANDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JACQUELYN PHEANIOUS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2IMMED. PAST
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07220
IRS990EZ/OtherAssetsTotalDetail/EOYAmt018345
IRS990EZ/OtherExpensesTotalAmt010760
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE LOW COST FINANCING TO LOW INCOME FAMILIES
IRS990EZ/ProgramServiceRevenueAmt035010
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0EXPENSES TO PERFORM LOW COST FINANCING.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020426
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06449
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt012082
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt020426
IRS990EZ/TotalProgramServiceExpensesAmt020426
IRS990EZ/TotalRevenueAmt035310
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0301
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt035010
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt035010
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt035311
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt035310
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/Total509Grp/TotalAmt035311
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt035310
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt035311
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXP & SUPPLIES 761 INSURANCE 9,470 POSTAGE 9 PUBLIC RELATIONS 338 STAFF TRAINING 182 TOTAL 10,760
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRANTS RECEIVABLE 0 3,000 PREPAID EXPENSES AND DEFERRED CHARGES 7,220 6,045 MORTGAGE LOANS RECEIVABLE 0 9,300 TOTAL 7,220 18,345
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DUE TO RELATED PARTY 12,082 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES PALEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02037776925
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-07-08
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/AtSubmissionCreationDeviceId0C752A1C3779343476D7A0BFD49AA30B33BF59D15
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0C752A1C3779343476D7A0BFD49AA30B33BF59D15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt075.146.7.21
ReturnHeader/FilingSecurityInformation/IPDt02019-08-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:39:08
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030500350
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAWC LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0166 ROUTE 81
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KILLINGWORTH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006419
ReturnHeader/PreparerPersonGrp/PhoneNum08606630110
ReturnHeader/PreparerPersonGrp/PreparationDt02019-07-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DARIN L OFFERDAHL MBA CPA
ReturnHeader/ReturnTs02019-08-07T09:39:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$262,022
Liabilities
$0
Net assets
$262,022
Revenue
$35,310
Expenses
$20,426
Net income
$14,884
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
2018Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.62$0.35$0.20$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.59$0.12$2.47$0.00$0.05$0.05