Civic Intelligence

Urban Community Developers Inc.

990 • Fiscal year 2020 • EIN 82-3002447

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 05, 2021

Organization ProfileN/A
100 E Rivercenter Suite 1100Covington, KY 41011

(859) 292-5500

Siviq Scores

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

Liabilities / Assets

49th percentile

0.04x

Higher debt load relative to assets than 49% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

100th percentile

702%

Higher net margin than 100% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

95th percentile

$172,000

Higher top officer pay than 95% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

2nd percentile

-55%

Faster asset growth than 2% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$365,862

Down $446,926 (-55%) from 2019

Net Assets

Down

$351,247

Down $461,541 (-57%) from 2019

Liabilities

Up

$14,615

Up $14,615 from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin100th percentile

Revenue

Down

-$39,346

Down $846,337 (-105%) from 2019

Expenses

Up

$236,822

Up $1,974 (+0.8%) from 2019

Net Income

Down

-$276,168

Down $848,311 (-148%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$1.5M$1.0M$500K$0Assets 2018: $55,272Liabilities 2018: $0Net Assets 2018: $55,2722018Assets 2019: $812,788Liabilities 2019: $0Net Assets 2019: $812,7882019Assets 2020: $365,862Liabilities 2020: $14,615Net Assets 2020: $351,2472020Assets 2021: $973,474Liabilities 2021: $265,813Net Assets 2021: $707,6612021Assets 2022: $1,138,351Liabilities 2022: $609,120Net Assets 2022: $529,2312022Assets 2023: $639,467Liabilities 2023: $255,744Net Assets 2023: $383,7232023Assets 2024: $897,813Liabilities 2024: $247,500Net Assets 2024: $650,3132024

Highlighted filing

2020

Assets$365,862
Liabilities$14,615
Net Assets$351,247
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$1.0M$500K$0-$500KRevenue 2018: $100,041Expenses 2018: $44,769Net Income 2018: $55,2722018Revenue 2019: $806,991Expenses 2019: $234,848Net Income 2019: $572,1432019Revenue 2020: -$39,346Expenses 2020: $236,822Net Income 2020: -$276,1682020Revenue 2021: $500,000Expenses 2021: $173,412Net Income 2021: $326,5882021Revenue 2022: $0Expenses 2022: $178,430Net Income 2022: -$178,4302022Revenue 2023: $54,511Expenses 2023: $200,019Net Income 2023: -$145,5082023Revenue 2024: $222,700Expenses 2024: $51,243Net Income 2024: $171,4572024

Highlighted filing

2020

Revenue-$39,346
Expenses$236,822
Net Income-$276,168
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 5, 2021
Return Version
2020v4.0
Gross Receipts
$680,900
Mission and Program Overview

Mission

The corporation is organized for the purpose of eliminating blight and revitalizing northern kentucky's urban core neighborhoods in the cities of covington and newport, through activities including making and facilitating targeted investments in real estate.

The corporation is organized for the purpose of eliminating blight and revitalizing northern kentucky's urban core neighborhoods in the cities of covington and newport, through activities including (1) making and facilitating targeted investments in real estate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$627,415$351,247▼ $276,168
Savings and Temporary Cash Investments$621,967$231,847▼ $390,120
Land, Buildings, and Equipment, Net$27,203$38,256▲ $11,053
Intangible Assets$12,700$7,784▼ $4,916
Total Assets$812,788$365,862▼ $446,926
Other Assets Total$150,918$87,975▼ $62,943
Liabilities
Unsecured Notes Loans Payable$184,118--
Deferred Revenue-$14,000-
Accounts Payable and Accrued Expenses$1,255$615▼ $640
Total Liabilities$185,373$14,615▼ $170,758
Net Assets / Fund Balance
Total Net Assets Fund Balance$627,415$351,247▼ $276,168
Total Liabilities and Net Assets / Fund Balance$812,788$365,862▼ $446,926

Asset Categories

AssetBook ValueDepreciationBasis
Land$38,256-$38,256
Other Assets Org$14,000--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William SandersonCEOFT$136,000$36,000$172,000

Board Members and Trustees

NameTitle
William P ButlerPresident
Jeanne SchroerDirector
Leigh R BuseSecretary
Martin C ButlerTreasurer
Luke WoernerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-39,346
Other Revenue
$0
Change in Net Assets
$-276,168
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$172,000
Other Expenses$64,822
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$172,000--$172,000
Fees for Services Other$46,080--$46,080
Insurance$12,252--$12,252
Depreciation Depletion$4,916--$4,916
Office Expenses$2,116--$2,116
Information Technology$1,312--$1,312
Occupancy$1,170--$1,170
Conferences and Meetings-$930-$930
Travel$829--$829
Other Expenses-$217-$217
Fees for Services Legal$-5,000--$-5,000
Total Functional Expenses$235,675$1,147$0$236,822
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
No
Business relationship with 35% controlled entity
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

“Martin c. Butler william p. Butler treas/direc pres/directo family relationship”

Form 990, Page 6, Part VI, Line 11B

“The return is provided to the officers of the organization and reviewed by the signor prior to filing the return.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are available upon written request.”

Filing and Contact Details

Filer

Filer Name
Urban Community Developers Inc
EIN
82-3002447
Phone
8592925500
Address
100 E RIVERCENTER SUITE 1100, COVINGTON, KY 41011

Signing Officer

Name
Luke Woerner
Title
Vice President
Phone
8592925500
Signed
2021-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Luke Woerner
Formed
2017
Legal Domicile
Ky
Voting Board Members
3
Independent Board Members
3
Employees
1
Volunteers
4

Preparer

Firm
Corporex Companies
Address
312 WALNUT STREET SUITE 3000, CINCINNATI, OH 45202
Preparer
Aaron Hershberger
Phone
5136218300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The corporation is organized for the purpose of eliminating blight and revitalizing northern kentucky's urban core neighborhoods in the cities of covington and newport, through activities including (1) making and facilitating targeted investments in real estate.”

Form 990, Part IX, Line 11G

“Accounting fees 3,940 0 0 predevelopment costs 42,140 0 0 total 46,080 0 0”

Raw XML Appendix338 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01255
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0615
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ELIMINATING BLIGHT AND REVITALIZING NORTHERN KENTUCKY'S URBAN CORE NEIGHBORHOODS IN THE CITIES OF COVINGTON AND NEWPORT, THROUGH ACTIVITIES INCLUDING (1) MAKING AND FACILITATING TARGETED INVESTMENTS IN REAL ESTATE.
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BooksInCareOfDetail/PersonNm0LUKE WOERNER
IRS990/BooksInCareOfDetail/PhoneNum08592925500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 E RIVERCENTER
IRS990/BooksInCareOfDetail/USAddress/CityNm0COVINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0KY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd041011
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0172000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0172000
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0930
IRS990/ConferencesMeetingsGrp/TotalAmt0930
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-39346
IRS990/CYOtherExpensesAmt064822
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-276168
IRS990/CYSalariesCompEmpBnftPaidAmt0172000
IRS990/CYTotalExpensesAmt0236822
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-39346
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt014000
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt04916
IRS990/DepreciationDepletionGrp/TotalAmt04916
IRS990/Desc0THE BOARD HAD HIRED A PRESIDENT/CHIEF EXECUTIVE OFFICER DURING 2018. HE BEGAN WORKING IN 2019. PROGRAM HAS PURCHASED LAND AND HAS STARTED THE PROCESS OF CONSTRUCTING SEVERAL NEW HOMES. THE PLANS FOR PROTOTYPE INFILL DEVELOPMENT PROJECTS IS PROGRESSING. TWO HOMES WERE COMPLETED AND SOLD DURING 2020 AND SEVERAL MORE SITES WERE UNDER DEVELOPMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0235675
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt0-5000
IRS990/FeesForServicesLegalGrp/TotalAmt0-5000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt046080
IRS990/FeesForServicesOtherGrp/TotalAmt046080
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt031000
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0WILLIAM SANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm1MARTIN C BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm2WILLIAM P BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm3JEANNE SCHROER
IRS990/Form990PartVIISectionAGrp/PersonNm4LEIGH R BUSE
IRS990/Form990PartVIISectionAGrp/PersonNm5LUKE WOERNER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0141000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02017
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-39346
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0680900
IRS990/GrossReceiptsAmt0680900
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt01312
IRS990/InformationTechnologyGrp/TotalAmt01312
IRS990/InsuranceGrp/ProgramServicesAmt012252
IRS990/InsuranceGrp/TotalAmt012252
IRS990/IntangibleAssetsGrp/BOYAmt012700
IRS990/IntangibleAssetsGrp/EOYAmt07784
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt027203
IRS990/LandBldgEquipBasisNetGrp/EOYAmt038256
IRS990/LandBldgEquipCostOrOtherBssAmt038256
IRS990/LegalDomicileStateCd0KY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0720246
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ELIMINATING BLIGHT AND REVITALIZING NORTHERN KENTUCKY'S URBAN CORE NEIGHBORHOODS IN THE CITIES OF COVINGTON AND NEWPORT, THROUGH ACTIVITIES INCLUDING (1) MAKING AND FACILITATING TARGETED INVESTMENTS IN REAL ESTATE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0627415
IRS990/NetAssetsOrFundBalancesEOYAmt0351247
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-39346
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-39346
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt01170
IRS990/OccupancyGrp/TotalAmt01170
IRS990/OfficeExpensesGrp/ProgramServicesAmt02116
IRS990/OfficeExpensesGrp/TotalAmt02116
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0150918
IRS990/OtherAssetsTotalGrp/EOYAmt087975
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0217
IRS990/OtherExpensesGrp/TotalAmt0217
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LUKE WOERNER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0806400
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0591
IRS990/PYOtherExpensesAmt068613
IRS990/PYRevenuesLessExpensesAmt0572143
IRS990/PYSalariesCompEmpBnftPaidAmt0166235
IRS990/PYTotalExpensesAmt0234848
IRS990/PYTotalRevenueAmt0806991
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-276168
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0627415
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0351247
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0621967
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0231847
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0806400
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0906400
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0591
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt041
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0632
IRS990ScheduleA/PublicSupportTotal170Amt0906400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0806400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0906400
IRS990ScheduleA/TotalSupportAmt0907032
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt038256
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt038256
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt053938
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120037
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt214000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CIP
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ESCROW ACCOUNT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt038256
IRS990ScheduleD/TotalBookValueOtherAssetsAmt087975
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0136000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount05000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt03500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt027500
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0WILLIAM SANDERSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0172000
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS ORGANIZED FOR THE PURPOSE OF ELIMINATING BLIGHT AND REVITALIZING NORTHERN KENTUCKY'S URBAN CORE NEIGHBORHOODS IN THE CITIES OF COVINGTON AND NEWPORT, THROUGH ACTIVITIES INCLUDING (1) MAKING AND FACILITATING TARGETED INVESTMENTS IN REAL ESTATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MARTIN C. BUTLER WILLIAM P. BUTLER TREAS/DIREC PRES/DIRECTO FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS PROVIDED TO THE OFFICERS OF THE ORGANIZATION AND REVIEWED BY THE SIGNOR PRIOR TO FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTING FEES 3,940 0 0 PREDEVELOPMENT COSTS 42,140 0 0 TOTAL 46,080 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0812788
IRS990/TotalAssetsEOYAmt0365862
IRS990/TotalAssetsGrp/BOYAmt0812788
IRS990/TotalAssetsGrp/EOYAmt0365862
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01147
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0235675
IRS990/TotalFunctionalExpensesGrp/TotalAmt0236822
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0185373
IRS990/TotalLiabilitiesEOYAmt014615
IRS990/TotalLiabilitiesGrp/BOYAmt0185373
IRS990/TotalLiabilitiesGrp/EOYAmt014615
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0627415
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0351247
IRS990/TotalOtherCompensationAmt031000
IRS990/TotalProgramServiceExpensesAmt0235675
IRS990/TotalReportableCompFromOrgAmt0141000
IRS990/TotalRevenueGrp/ExclusionAmt0-39346
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-39346
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0812788
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0365862
IRS990/TravelGrp/ProgramServicesAmt0829
IRS990/TravelGrp/TotalAmt0829
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0184118
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0100 E RIVERCENTER
IRS990/USAddress/CityNm0COVINGTON
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd041011
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LUKE WOERNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08592925500
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0URBAN COMMUNITY DEVELOPERS INC
ReturnHeader/Filer/BusinessNameControlTxt0URBA
ReturnHeader/Filer/EIN0823002447
ReturnHeader/Filer/PhoneNum08592925500
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 E RIVERCENTER SUITE 1100
ReturnHeader/Filer/USAddress/CityNm0COVINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd041011
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0440160260
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORPOREX COMPANIES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0312 WALNUT STREET SUITE 3000
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CINCINNATI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd045202
ReturnHeader/PreparerPersonGrp/PhoneNum05136218300
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AARON HERSHBERGER
ReturnHeader/ReturnTs02021-11-05T15:01:41-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LUKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0WOERNER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$365,862
Liabilities
$14,615
Net assets
$351,247
Revenue
-$39,346
Expenses
$236,822
Net income
-$276,168
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.90$0.25$0.65$0.22$0.05$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.64$0.26$0.38$0.05$0.20$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.61$0.53$0.00$0.18$0.18
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.27$0.71$0.50$0.17$0.33
2020Detailed filing. Detailed filing data is available for this year.$0.37$0.01$0.35$0.04$0.24$0.28
2019Summary only. Only limited summary data is available for this year.$0.81$0.00$0.81$0.81$0.23$0.57
2018Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.10$0.04$0.06