Civic Intelligence

Summit Housing Development Corporation

EIN 84-1294931 • 501(c)3 • Breckenridge, CO

Profile

To ensure the continuing availability of appropriate housing countywide for permanent and seasonal employees and residents who are not otherwise ade- quately served by the market.

PO Box 188Breckenridge, CO 80424-0188

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

74th percentile

0.04x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

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

Net Margin

36th percentile

-5.1%

Higher net margin than 36% of similar nonprofits.

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

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

26th percentile

-27%

Faster asset growth than 26% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

67th percentile

13%

Faster revenue growth than 67% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$58,375

Down $21,175 (-27%) from 2016

Liabilities

Down

$2,590

Down $12,599 (-83%) from 2016

Net Assets

Down

$55,785

Down $8,576 (-13%) from 2016

Operations
Liabilities / Revenue71st percentileNet Margin36th percentile

Revenue

Up

$167,835

Up $19,939 (+13%) from 2016

Expenses

Up

$176,411

Up $59,389 (+51%) from 2016

Net Income

Down

-$8,576

Down $39,450 (-128%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth26th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $5,418,515Liabilities 2010: $429,810Net Assets 2010: $4,988,7052010Assets 2011: $3,425,082Liabilities 2011: $64,533Net Assets 2011: $3,360,5492011Assets 2012: $75,137Liabilities 2012: $2,400Net Assets 2012: $72,7372012Assets 2013: $15,065Liabilities 2013: $2,625Net Assets 2013: $12,4402013Assets 2015: $36,967Liabilities 2015: $3,480Net Assets 2015: $33,4872015Assets 2016: $79,550Liabilities 2016: $15,189Net Assets 2016: $64,3612016Assets 2017: $58,375Liabilities 2017: $2,590Net Assets 2017: $55,7852017

Highlighted filing

2017

Assets$58,375
Liabilities$2,590
Net Assets$55,785
Open 2017 Filing

Operations Trend

Revenue Growth67th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$5.0M$0-$5.0MRevenue 2010: $4,991,174Expenses 2010: $3,042Net Income 2010: $4,988,1322010Revenue 2011: -$1,618,334Expenses 2011: $9,822Net Income 2011: -$1,628,1562011Revenue 2012: -$202,935Expenses 2012: $3,084,877Net Income 2012: -$3,287,8122012Revenue 2013: $23,600Expenses 2013: $83,897Net Income 2013: -$60,2972013Revenue 2015: $26,596Expenses 2015: $16,616Net Income 2015: $9,9802015Revenue 2016: $147,896Expenses 2016: $117,022Net Income 2016: $30,8742016Revenue 2017: $167,835Expenses 2017: $176,411Net Income 2017: -$8,5762017

Highlighted filing

2017

Revenue$167,835
Expenses$176,411
Net Income-$8,576
Open 2017 Filing

Filings

Most recent year

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

Open filing
Assets
$58,375
Liabilities
$2,590
Net assets
$55,785
Revenue
$167,835
Expenses
$176,411
Net income
-$8,576
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.17$0.18$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.02$0.06$0.15$0.12$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.03$0.03$0.02$0.01
2013Summary only. Only limited summary data is available for this year.$0.02$0.00$0.01$0.02$0.08$0.06
2012Summary only. Only limited summary data is available for this year.$0.08$0.00$0.07$0.20$3.08$3.29
2011Summary only. Only limited summary data is available for this year.$3.43$0.06$3.36$1.62$0.01$1.63
2010Summary only. Only limited summary data is available for this year.$5.42$0.43$4.99$4.99$0.00$4.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 26, 2018
Return Version
2017v2.2
Gross Receipts
$167,835
Mission and Program Overview

Mission

To ensure the continuing availability of appropriate housing countywide for permanent and seasonal employees and residents who are not otherwise ade- quately served by the market.

Program Services

DescriptionGrantsExpenses
Managed sixteen local affordable rental units under the Housing Works Initiative master lease program pilot-$150,540
MANAGED THREE LOCAL AFFORDABLE RENTAL UNITS-$18,903
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICK HOLMANPresident-$0--
SCOTT VARGOVice-President-$0--
RYAN HYLANDSecretary-$0--
TOM BRESLINTreasurer-$0--
RANDY READYDirector-$0--
Filing and Contact Details

Filer

Filer Name
Summit Housing Development Corporation
EIN
84-1294931
Phone
9704533555
Address
PO Box 188, Breckenridge, CO 80424-0188

Signing Officer

Name
Rick Holman
Title
President
Phone
9704533555
Signed
2018-07-26
Discuss with paid preparer
Yes

Preparer

Firm
Amy Priegel CPA LLC
Address
PO Box 2106, Frisco, CO 80443
Preparer
Amy Mi Priegel
Phone
9703334782
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Housing works initiative affordable rental program; rental program grants; family & intercultural re”

Form 990EZ, Part I, Line 16

“Bank Service Charges 112.”

Form 990EZ, Part I, Line 16

“Insurance 480.”

Form 990EZ, Part I, Line 16

“Taxes & Licenses 20.”

Form 990EZ, Part II, Line 24

“Accounts Receivable 5265. 1500.”

Form 990EZ, Part II, Line 24

“Prepaid Expenses 1655. 1191.”

Form 990EZ, Part II, Line 24

“Refundable Security Deposits Paid 12500. 0.”

Form 990EZ, Part II, Line 26

“Accounts Payable 6171. 940.”

Form 990EZ, Part II, Line 26

“Refundable Security Deposits Received 9018. 1650.”

Raw XML Appendix172 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/ExplanationTxt0HOUSING WORKS INITIATIVE AFFORDABLE RENTAL PROGRAM; RENTAL PROGRAM GRANTS; FAMILY & INTERCULTURAL RE
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0RICK HOLMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09704533555
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-26
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ReturnHeader/Filer/EIN0841294931
ReturnHeader/Filer/PhoneNum09704533555
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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