2021-11-15T15:49:37-06:00 2020-12-31 341897853 CRUM & COMPANY 1640 AKRON PENINSULA RD STE 102 AKRON OH 44313 990 2020-01-01 341908695 NAZARETH HOUSING DEVELOPMENT CORP NAZA 3303741526 795 RUSSELL AVENUE AKRON OH 44307 NANCI SELF EXECUTIVE DIRECTOR 3303741526 2021-11-15 true NANCI SELF 999009999 KEVIN K CRUM P00255436 3308671222 2021-11-15 2020 2022-09-23 18:48:47Z NANCI SELF 795 RUSSELL AVENUE AKRON OH 44307 319164 false X WWW.NAZARETHHOUSING.ORG X 1999 OH PERFORM AS AN ENVIRONMENTALLY, FISCALLY AND LOCALLY RESPONSIBLE CORPORATE CITIZEN, AS EVIDENCED BY THE AGENCY'S WORK AND POLICIES: ~REDUCE THE IMPACT OF BUILDING PROJECTS ON THE ENVIRONMENT AND PROTECT THE MUNICIPALITY'S RESOURCES BY CORRECTING AND PLACING INTO SERVICE EXISTING HOUSING STOCK. ~STEWARD THE ORGANIZATION'S RESOURCES WITH AN EXCEPTIONALLY CAPABLE BOARD OF DIRECTORS; HIGHLY SKILLED STAFF: AND EXTENSIVE USE OF VOLUNTEERS. ~STEWARD THE CLIENTS' RESOURCES BY PROVIDING BELOW MARKET RENTS WITH THE CAREFUL USE OF GRANT FUNDS. FURTHER STEWARD RESOURCES BY PLACING ENERGY EFFICIENT FURNACES, WINDOWS AND APPLIANCES IN HOMES AND ASSISTING WITH FINANCIAL LITERACY. ~FURTHER STRENGTHEN NEIGHBORHOODS BY SUPPORTING LOCAL BUSINESSES; HIRING LOCAL CONTRACTORS; SOURCING MATERIALS FROM LOCAL VENDORS; AND BY RE-USING MATERIALS WHEN FEASIBLE. -STRENGTHEN THE LARGER COMMUNITY WITH EFFECTIVE COLLABORATIONS. 7 7 3 15 0 494775 23562 95178 292070 365 0 8440 3532 598758 319164 1280 0 79651 78588 0 3065 392604 306565 472255 386433 126503 -67269 1402715 1344210 53101 61865 1349614 1282345 X NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO DEVELOP, ENCOURAGE AND FACILITATE SAFE AND CONTEMPORARY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN SUMMIT COUNTY, OHIO. THIS IS ACCOMPLISHED BY WAY OF REHABILITATION OF OLDER HOMES AND, AS NEEDED, CONSTRUCTION OF NEW HOMES FOR RENTAL, HOMEOWNERSHIP OR LEASE/PURCHASE. THE ORGANIZATION HAS STRONG PARTNERSHIPS WITH LOCAL MUNICIPALITIES TO PROVIDE LEAD HAZARD REDUCTION SERVICES WORK PERFORMED INCLUDES ALL MECHANICALS TO MEET CURRENT BUILDING CODE STANDARDS; UPDATING INTERIOR FINISHES; INTERIOR REDESIGNS; LEAD ABATEMENT; ENERGY EFFICIENT FURNACES/ APPLIANCES/ WINDOWS. IN TENDING TO INDIVIDUAL HOUSES AND FAMILIES, THE ORGANIZATION TAKES CARE OF SPECIFIC NEIGHBORHOODS IN THE CITY OF AKRON AND IN THE COUNTY OF SUMMIT. THE ORGANIZATION FURTHER FULFILLS ITS MISSION BY PARTNERING WITH OTHER GROUPS FOR FINANCIAL ASSISTANCE AND VOLUNTEER SUPPORT. THESE GROUPS INCLUDE THE CITY OF AKRON, COUNTY OF SUMM false false 369062 1280 292070 REHABILITATE VACANT AND/OR ABANDONED HOUSES FOR RENT, LEASE OR PURCHASE BY LOW TO MODERATE INCOME FAMILIES IN SUMMIT COUNTY, OHIO. BRING HOUSES UP TO CURRENT BUILDING CODE STANDARDS; ENSURE SAFE PROPERTY-SPECIFIC WATER TREATMENT SYSTEMS (WELL/SEPTIC); INCREASE ENERGY EFFICIENCY; UPDATE INTERIOR FINISHES AND REDESIGN INTERIORS AS FEASIBLE TO CREATE SAFE, CONTEMPORARY HOMES; BUILD NEW HOMES AS NECESSARY. REMOVE HAZARDOUS LEAD FOR LOW TO MODERATE INCOME HOMEOWNERS WITH YOUNG CHILDREN IN THE CITY OF AKRON AND SOUTHERN SUMMIT COUNTY. MODIFY HOMES FOR LOW INCOME INDIVIDUALS TO IMPROVE ACCESSABILITY/MOBILITY AND ASSIST WITH INDEPENDENT LIVING, AS FUNDS ALLOW. 369062 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 6 0 3 true false false false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true false false true false false OH X NANCI SELF 3303741526 795 RUSSELL AVENUE AKRON OH 44307 NANCI SELF EXECUTIVE DI 40.00 X 36458 0 0 ROBERT BRECHT DIRECTOR 1.00 X 0 0 0 REV MICHAEL ANTHONY HOWARD DIRECTOR 1.00 X 0 0 0 MICHAEL MOLDVAY TREASURER 2.00 X X 0 0 0 JAMES REDDICK DIRECTOR 1.00 X 0 0 0 KEITH R STAHL PRESIDENT 2.00 X X 0 0 0 ROBERT J WARNER VICE-PRESIDE 2.00 X X 0 0 0 TA'NISHA ZANDERS DIRECTOR 1.00 X 0 0 0 36458 false false false 23562 1844 23562 RENTAL INCOME 531390 105863 105863 HOUSING SALES 531390 98900 98900 PROJECT INCOME 531390 70000 70000 LEAD PROGRAM 531390 17307 17307 292070 MISCELLANEOUS INCOME 531390 3532 3532 3532 319164 292070 3532 1280 1280 36458 32410 3334 714 36545 32488 3342 715 5585 4965 511 109 16226 14424 1484 318 1219 1084 111 24 436 387 40 9 4530 4027 414 89 1801 1601 165 35 2 2 39245 34888 3588 769 8450 7511 773 166 COST OF PROPERTY SOLD 161158 161158 RENTAL PROPERTY EXPENSES 51773 51773 WARRANTY EXPENSE 7560 7560 LEAD ABATEMENT PROJECTS 7199 7199 6966 6305 544 117 386433 369062 14306 3065 34954 38237 38970 39068 11160 14005 332481 8746 1398 1398 1448524 205790 983730 1242734 22 22 1402715 1344210 23647 46392 19843 9611 15473 53101 61865 X 1337614 1275345 12000 7000 1349614 1282345 1402715 1344210 -67269 X false false false X 181315 424488 811088 494775 23562 1935228 200733 232637 116688 95178 292070 937306 382048 657125 927776 589953 315632 2872534 1323 3285 2000 4250 10858 129900 128428 258328 131223 131713 2000 4250 269186 2603348 229 31 508 365 1133 229 31 508 365 1133 547 7440 2532 10519 382277 657156 928831 597758 318164 2884186 0.90260 0.90430 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 202340 202340 1233978 193584 1040394 12206 12206 1242734 SECURITY DEPOSITS 12453 PREPAID RENT 3020 15473 FORM 990 - ORGANIZATION'S MISSION NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO DEVELOP, ENCOURAGE AND FACILITATE SAFE AND CONTEMPORARY AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND INDIVIDUALS IN SUMMIT COUNTY, OHIO. THIS IS ACCOMPLISHED BY WAY OF REHABILITATION OF OLDER HOMES AND, AS NEEDED, CONSTRUCTION OF NEW HOMES FOR RENTAL, HOMEOWNERSHIP OR LEASE/PURCHASE. THE ORGANIZATION HAS STRONG PARTNERSHIPS WITH LOCAL MUNICIPALITIES TO PROVIDE LEAD HAZARD REDUCTION SERVICES WORK PERFORMED INCLUDES ALL MECHANICALS TO MEET CURRENT BUILDING CODE STANDARDS; UPDATING INTERIOR FINISHES; INTERIOR REDESIGNS; LEAD ABATEMENT; ENERGY EFFICIENT FURNACES/ APPLIANCES/ WINDOWS. IN TENDING TO INDIVIDUAL HOUSES AND FAMILIES, THE ORGANIZATION TAKES CARE OF SPECIFIC NEIGHBORHOODS IN THE CITY OF AKRON AND IN THE COUNTY OF SUMMIT. THE ORGANIZATION FURTHER FULFILLS ITS MISSION BY PARTNERING WITH OTHER GROUPS FOR FINANCIAL ASSISTANCE AND VOLUNTEER SUPPORT. THESE GROUPS INCLUDE THE CITY OF AKRON, COUNTY OF SUMMIT, FOUNDATIONS, BANKS AND OTHER BUSINESSES, CHURCH GROUPS, STUDENT GROUPS, FAMILIES AND INDIVIDUALS. FINANCIAL ASSISTANCE IS PRIMARILY RECEIVED IN THE FORM OF GRANTS, CASH AND DONATED PROPERTIES. VOLUNTEERS OFTEN PERFORM THE FRONT END WORK THAT IS THE FIRST STEP IN STABILIZING NEIGHBORHOODS BY PREVENTING FURTHER DETERIORATION AND IMMEDIATELY IMPROVING EXTERIORS OF THESE ABANDONED HOUSES. THE ORGANIZATION IS AN ACTIVE PART OF THE COMMUNITY IN ADDITIONAL WAYS. THE UNIVERSITY OF AKRON, KNIGHTS OF COLUMBUS, THE UNITED WAY OF SUMMIT COUNTY, LOCAL CHURCHES AND SCHOOLS, AND MANY OTHERS LOOK TO THIS ORGANIZATION FOR MEANINGFUL VOLUNTEER OPPORTUNITIES. THE AKRON MARATHON AND THE AKRON AEROS (NOW THE RUBBER DUCKS) BASEBALL TEAM HAVE RELIED ON THIS ORGANIZATION TO PROVIDE VOLUNTEERS. THE EFFORTS OF THE ORGANIZATION ARE OFFERED IN A MANNER THAT SUPPORTS AND ENCOURAGES SELF-RESPECT, DIGNITY AND SELF-SUFFICIENCY. OUR VISION IS THAT BY REPLACING BLIGHTED AND INADEQUATE HOUSING WITH SAFE, WELL-DESIGNED HOMES, WE PLANT THE SEEDS OF REBIRTH AND REVITALIZATION IN OUR LOCAL NEIGHBORHOODS, IMPACTING THE ENTIRE COUNTY. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEER SERVICES INCLUDE: 1. DEMOLITION/CONSTRUCTION/HOME IMPROVEMENT FROM UNSKILLED STUDENT VOLUNTEERS, CHURCH GROUPS AND INDIVIDUALS. THE WORK THESE VOLUNTEERS DONATE SAVES CONSTRUCTION COSTS, EXTENDS OUR RESOURCES AND IMPROVES THE APPEARANCE OF THE VACANT AND ABANDONED PROPERTIES NAZARETH REHABILITATES. IN TURN, NAZARETH PROVIDES A MEANINGFUL, HANDS-ON ACTIVITY FOR VOLUNTEERS WHO OFTEN LEARN NEW SKILLS IN THE PROCESS. THE ORGANIZATION HAS UTILITZED THE VISTA PROGRAM AND PLANS TO DO SO AGAIN. 2. DONATED SKILLED LABOR AND MATERIALS: NAZARETH WORKS WITH LOCAL, CERTIFIED AND REPUTABLE GENERAL CONTRACTORS TO THOROUGHLY REHABILITATE HOUSES OR TO ABATE HAZARDOUS LEAD PAINT. NAZARETH'S CONTRACTORS SUBMIT FAIR BIDS AND OFTEN DONATE ADDITIONAL LABOR AND CONSTRUCTION MATERIALS. 3. OTHER GOODS: NAZARETH WORKS WITH LOCAL COMPANIES SUCH AS RG DIGITAL WHO PROVIDE WEB HOSTING SERVICES AT A GREATLY DISCOUNTED RATE AND OTHER NON- PROFITS, FOR INSTANCE EANDC, MUSTARD SEED DEV. CORP AND THE FINANCIAL EMPOWERMENT CENTER, WHICH PROVIDE BUDGET AND CREDIT COUNSELING TO OUR CLIENTS. TECHSOUP, A NATIONAL NON-PROFIT, PROVIDES DISCOUNTS ON HARDWARE AND SOFTWARE THAT KEEP THE ORGANIZATION TECHNOLOGICALLY SAVVY. THE CATHOLIC DIOCESE PROVIDES DEEPLY DISCOUNTED AND COMMUNITY FRIENDLY OFFICE SPACE IN ONE OF OUR PREFERRED NEIGHBORHOOLDS. PROFESSIONAL SERVICES: REAL ESTATE AGENTS AND BROKERS ROUTINELY GRANT A DISCOUNT IN THEIR FEES, IN HONOR OF SERVING OUR MISSION. NAZARETH'S BOARD OF DIRECTORS GO ABOVE AND BEYOND THE NORM IN DONATING HIGHLY SKILLED PROFESSIONAL WORK SUCH AS LEGAL, ACCOUNTING, PROJECT MANAGEMENT AND SURVEYING SERVICES. 4. OFFICE HELP: THE CAPACITY OF NAZARETH'S LIMITED STAFF IS AUGMENTED BY COMMUNITY VOLUNTEERS AND COLLABORATIONS WITH OTHER LOCAL NON-PROFITS WHO PROVIDE NAZARETH WITH WILLING AND CAPABLE VOLUNTEERS TO HELP WITH GENERAL OFFICE DUTIES THAT ASSIST IN OUR DAY-TO-DAY ACTIVITIES. IN TURN, NAZARETH PROVIDES A PLACE FOR THESE VOLUNTEERS TO PRACTICE NEW SKILLS. FORM 990, PAGE 2, PART III, LINE 4A REHABILITATE VACANT AND/OR ABANDONED HOUSES FOR RENT, LEASE OR PURCHASE BY LOW TO MODERATE INCOME FAMILIES IN SUMMIT COUNTY, OHIO. BRING HOUSES UP TO CURRENT BUILDING CODE STANDARDS; ENSURE SAFE PROPERTY-SPECIFIC WATER TREATMENT SYSTEMS (WELL/SEPTIC); INCREASE ENERGY EFFICIENCY; UPDATE INTERIOR FINISHES AND REDESIGN INTERIORS AS FEASIBLE TO CREATE SAFE, CONTEMPORARY HOMES; BUILD NEW HOMES AS NECESSARY. REMOVE HAZARDOUS LEAD FOR LOW TO MODERATE INCOME HOMEOWNERS WITH YOUNG CHILDREN IN THE CITY OF AKRON AND SOUTHERN SUMMIT COUNTY. MODIFY HOMES FOR LOW INCOME INDIVIDUALS TO IMPROVE ACCESSABILITY/MOBILITY AND ASSIST WITH INDEPENDENT LIVING, AS FUNDS ALLOW. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO SIGNATURE AND FILING. FORM 990, PAGE 6, PART VI, LINE 12C ALL POTENTIAL CONFLICTS ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS, WITH GUIDANCE FROM LEGAL COUNSEL. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD REVIEWS THE COMPENSATION PACKAGE FOR THE TOP MANAGEMENT OFFICIAL AND COMPARES IT TO SIMILIAR ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 19 PROVIDED UPON WRITTEN REQUEST.