Civic Intelligence

Ocean City Community Development Corporation

990EZ • Fiscal year 2022 • EIN 85-1978578

Oct 01, 2021 to Sep 30, 2022 • Filed on Dec 21, 2022

Organization ProfileOCEANCITYHA.ORG
204 East 4th StreetOcean City, NJ 08226

(609) 399-1062

Siviq Scores

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

Liabilities / Assets

55th percentile

0.11x

Higher debt load relative to assets than 55% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Liabilities / Revenue

57th percentile

0.22x

Higher debt load relative to revenue than 57% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Net Margin

93rd percentile

85%

Higher net margin than 93% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • NTEE L • <$500k nonprofits • Source year 2022

Asset Growth

93rd percentile

113%

Faster asset growth than 93% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

63rd percentile

9.4%

Faster revenue growth than 63% of similar nonprofits.

2022 filings • NTEE L • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$139,391

Up $74,025 (+113%) from 2021

Net Assets

Up

$124,072

Up $59,739 (+93%) from 2021

Liabilities

Up

$15,319

Up $14,286 (+1383%) from 2021

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin93rd percentile

Revenue

Up

$70,510

Up $6,069 (+9.4%) from 2021

Expenses

Up

$10,771

Up $10,663 (+9873%) from 2021

Net Income

Down

$59,739

Down $4,594 (-7.1%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$6.0M$4.0M$2.0M$0Assets 2021: $65,366Liabilities 2021: $1,033Net Assets 2021: $64,3332021Assets 2022: $139,391Liabilities 2022: $15,319Net Assets 2022: $124,0722022Assets 2023: $4,508,376Liabilities 2023: $2,823,418Net Assets 2023: $1,684,9582023Assets 2024: $4,344,710Liabilities 2024: $2,665,094Net Assets 2024: $1,679,6162024

Highlighted filing

2022

Assets$139,391
Liabilities$15,319
Net Assets$124,072
Open 2022 Filing

Operations Trend

Revenue Growth63rd percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2021: $64,441Expenses 2021: $108Net Income 2021: $64,3332021Revenue 2022: $70,510Expenses 2022: $10,771Net Income 2022: $59,7392022Revenue 2023: $1,570,557Expenses 2023: $9,671Net Income 2023: $1,560,8862023Revenue 2024: $102,614Expenses 2024: $107,956Net Income 2024: -$5,3422024

Highlighted filing

2022

Revenue$70,510
Expenses$10,771
Net Income$59,739
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2021 to Sep 30, 2022
Signed
Dec 21, 2022
Return Version
2021v4.0
Gross Receipts
$70,510
Mission and Program Overview

Mission

To develop affordable rental housing for fow income families

Program Services

DescriptionGrantsExpenses
TO DEVELOP AFFORDABLE REAL ESTATE RENTAL HOUSING FOR LOW INCOME FAMILIES--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACQUELINE JONESSecretary/Tr-$0--
PATRICIA MILES-JACKSONCommissioner-$0--
ROBERT HENRYCommissioner-$0--
ROBERT BARRChairman Of-$0--
BRIAN BROADLEYCommissioner-$0--
PATRICK MUMMANCommissioner-$0--
ROBERT SCOTT HALLIDAYVice Chairma-$0--
BEVERLY MCCALLCommissioner-$0--
Filing and Contact Details

Filer

Filer Name
Ocean City Community Development
EIN
85-1978578
Phone
6093991062
Address
204 EAST 4TH STREET, OCEAN CITY, NJ 08226

Signing Officer

Name
Jacqueline Jones
Title
Secretary/treasurer
Phone
6093991062
Signed
2022-12-21

Preparer

Firm
Linda M Avena CPA Pa
Address
2581 E CHESTNUT AVE SUITE B, VINELAND, NJ 08361
Preparer
Linda M Cavallo
Phone
8566968000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses advertising and promotion 105 annual filing with nj 33 nonprofit application fee 600 total 738”

Form 990-ez, Part II, Line 24

“A/r - city of ocean city 0 1,330 construction in progress 64,441 138,060 total 64,441 139,390”

Form 990-ez, Part II, Line 26

“Accounts payable and accrued expenses 33 6,815 due to ocean city housing authority 1,000 8,504”

Raw XML Appendix126 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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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OCEAN CITY
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008226
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JACQUELINE JONES
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ROBERT HENRY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRIAN BROADLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5PATRICK MUMMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROBERT SCOTT HALLIDAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7BEVERLY MCCALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1COMMISSIONER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2COMMISSIONER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHAIRMAN OF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4COMMISSIONER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5COMMISSIONER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE CHAIRMA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7COMMISSIONER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
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IRS990EZ/OtherAssetsTotalDetail/EOYAmt0139390
IRS990EZ/OtherExpensesTotalAmt0738
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO DEVELOP AFFORDABLE REAL ESTATE RENTAL HOUSING FOR LOW INCOME FAMILIES
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/TotalRevenueAmt070510
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0OCEANCITYHA.ORG
IRS990ScheduleA/GovernmentalUnitInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 105 ANNUAL FILING WITH NJ 33 NONPROFIT APPLICATION FEE 600 TOTAL 738
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A/R - CITY OF OCEAN CITY 0 1,330 CONSTRUCTION IN PROGRESS 64,441 138,060 TOTAL 64,441 139,390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 33 6,815 DUE TO OCEAN CITY HOUSING AUTHORITY 1,000 8,504
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/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JACQUELINE JONES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06093991062
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-12-21
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ReturnHeader/Filer/EIN0851978578
ReturnHeader/Filer/PhoneNum06093991062
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ReturnHeader/Filer/USAddress/CityNm0OCEAN CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008226
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223118342
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LINDA M AVENA CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02581 E CHESTNUT AVE SUITE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0VINELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008361
ReturnHeader/PreparerPersonGrp/PhoneNum08566968000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-01-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LINDA M CAVALLO
ReturnHeader/ReturnTs02023-01-23T15:32:00-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JACQUELINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JONES
ReturnHeader/TaxPeriodBeginDt02021-10-01
ReturnHeader/TaxPeriodEndDt02022-09-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$139,391
Liabilities
$15,319
Net assets
$124,072
Revenue
$70,510
Expenses
$10,771
Net income
$59,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.34$2.67$1.68$0.10$0.11$0.01
2023Detailed filing. Detailed filing data is available for this year.$4.51$2.82$1.68$1.57$0.01$1.56
2022Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.07$0.01$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.06$0.06$0.00$0.06