STRATEGY STUDIO / PUBLIC DATA EXPLORER

NAZARETH HOUSING DEVELOPMENT: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
NAZARETH HOUSING DEVELOPMENT (EIN 34-1908695)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-11-15
IRS object ID
201613209349306866
Schema version
2015v2.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-11-15T11:29:22-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN341897853PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CRUM & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1525 N CLEVELAND MASSILLON RD STE 10AddressLine1Txt
CityAKRONCityNm
State AbbreviationOHStateAbbreviationCd
ZIP443333332ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN341908695EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NAZARETH HOUSING DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNAZABusinessNameControlTxt
Phone3303741526PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1795 RUSSELL AVENUEAddressLine1Txt
CityAKRONCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44307ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonNANCI SELFPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3303741526PhoneNum
Signature2016-11-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKEVIN K CRUMPreparerPersonNm
PTINP00255436PTIN
Phone3308671222PhoneNum
Preparation2016-11-14PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2017-02-10 21:41:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerNANCI SELFPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1795 RUSSELL AVENUEAddressLine1Txt
CityAKRONCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44307ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$445,995GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressNAZARETHHOUSING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateOHLegalDomicileStateCd
Activity Or MissionPERFORM 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 & JUDICIOUS USE OF VOLUNTEERS. ~STEWARD THE CLIENTS' 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.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers219TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$447,126PYContributionsGrantsAmt
CY Contributions Grants$379,937CYContributionsGrantsAmt
PY Program Service Revenue$511,475PYProgramServiceRevenueAmt
CY Program Service Revenue$65,500CYProgramServiceRevenueAmt
PY Investment Income$370PYInvestmentIncomeAmt
CY Investment Income$558CYInvestmentIncomeAmt
PY Other Revenue-$2,304PYOtherRevenueAmt
CY Other Revenue-$2,831CYOtherRevenueAmt
PY Total Revenue$956,667PYTotalRevenueAmt
CY Total Revenue$443,164CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$90,850PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$76,108CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,394CYTotalFundraisingExpenseAmt
PY Other Expenses$637,831PYOtherExpensesAmt
CY Other Expenses$102,390CYOtherExpensesAmt
PY Total Expenses$728,681PYTotalExpensesAmt
CY Total Expenses$178,498CYTotalExpensesAmt
PY Revenues Less Expenses$227,986PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$264,666CYRevenuesLessExpensesAmt
Total Assets BOY$826,445TotalAssetsBOYAmt
Total Assets EOY$1,158,144TotalAssetsEOYAmt
Total Liabilities BOY$106,580TotalLiabilitiesBOYAmt
Total Liabilities EOY$173,613TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$719,865NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$984,531NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionNAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO DEVELOP, ENCOURAGE AND FACILITATE SAFE AND DECENT 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 CONSTRUCTION OF NEW HOMES FOR RENTAL, HOMEOWNERSHIP OR LEASE/PURCHASE. 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 NEIGHBORHOODS THROUGHOUT THE CITY OF AKRON AND CONCENTRATED NEIGHBORHOODS 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.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$151,217ExpenseAmt
DescREHABILITATE 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescREMOVE HAZARDOUS LEAD AND BRING OLDER HOMES UP TO CURRENT BUILDING CODE STANDARDS FOR LOW TO MODERATE INCOME HOMEOWNERS WITH YOUNG CHILDREN IN THE CITY OF AKRON AND SOUTHERN SUMMIT COUNTY.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$151,217TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee5EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNANCI SELFPersonNm
Phone3303741526PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1795 RUSSELL AVEAddressLine1Txt
CityAKRONCityNm
State AbbreviationOHStateAbbreviationCd
ZIP44307ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
MICHAEL A STEEL
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL MOLDVAY
TREASURER2.00Yes (X)$0$0$0Yes (X)
ROBERT BRECHT
DIRECTOR1.00Yes (X)$0$0$0
ROBERT J WARNER
VICE-PRESIDE2.00Yes (X)$0$0$0Yes (X)
JANICE HARRISON
DIRECTOR1.00Yes (X)$0$0$0
PAUL BECKS
SECRETARY2.00Yes (X)$0$0$0Yes (X)
ADAM VINCENT
DIRECTOR1.00Yes (X)$0$0$0
KEITH R STAHL
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
JAEDA DANCY
DIRECTOR1.00Yes (X)$0$0$0
JUDY WRIGHT
DIRECTOR1.00Yes (X)$0$0$0
SHAUNTE ROUSE
DIRECTOR1.00Yes (X)$0$0$0
NANCI SELF
EXECUTIVE DI40.00$40,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$40,000TotalReportableCompFromOrgAmt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$11,100FundraisingAmt
Government Grants$336,375GovernmentGrantsAmt
All Other Contributions$32,462AllOtherContributionsAmt
Noncash Contributions$71,121NoncashContributionsAmt
Total Contributions$379,937TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531390$36,500$36,500
HOME SALES531390$29,000$29,000
FieldValueIRS element (for citing)
Total Program Service Revenue$65,500TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$558TotalRevenueColumnAmt
Exclusion$558ExclusionAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$11,100ContriRptFundraisingEventAmt
Fundraising Direct Expenses$2,831FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,831TotalRevenueColumnAmt
Exclusion-$2,831ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$443,164TotalRevenueColumnAmt
Related Or Exempt Func Income$65,500RelatedOrExemptFuncIncomeAmt
Exclusion-$2,273ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$40,000TotalAmt
Program Services$29,600ProgramServicesAmt
Management And General$7,200ManagementAndGeneralAmt
Fundraising$3,200FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$29,239TotalAmt
Program Services$21,637ProgramServicesAmt
Management And General$5,263ManagementAndGeneralAmt
Fundraising$2,339FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,869TotalAmt
Program Services$5,083ProgramServicesAmt
Management And General$1,236ManagementAndGeneralAmt
Fundraising$550FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,045TotalAmt
Program Services$3,733ProgramServicesAmt
Management And General$908ManagementAndGeneralAmt
Fundraising$404FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$603TotalAmt
Program Services$446ProgramServicesAmt
Management And General$109ManagementAndGeneralAmt
Fundraising$48FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$450TotalAmt
Program Services$333ProgramServicesAmt
Management And General$81ManagementAndGeneralAmt
Fundraising$36FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,240TotalAmt
Program Services$2,398ProgramServicesAmt
Management And General$583ManagementAndGeneralAmt
Fundraising$259FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,554TotalAmt
Program Services$1,150ProgramServicesAmt
Management And General$280ManagementAndGeneralAmt
Fundraising$124FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,713TotalAmt
Program Services$3,487ProgramServicesAmt
Management And General$849ManagementAndGeneralAmt
Fundraising$377FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$16TotalAmt
Program Services$12ProgramServicesAmt
Management And General$3ManagementAndGeneralAmt
Fundraising$1FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$14,596TotalAmt
Program Services$14,339ProgramServicesAmt
Management And General$178ManagementAndGeneralAmt
Fundraising$79FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,924TotalAmt
Program Services$8,084ProgramServicesAmt
Management And General$1,966ManagementAndGeneralAmt
Fundraising$874FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
COST OF HOUSES SOLD$51,191$51,191
RENTAL PROPERTY EXPENSE$8,774$8,774
REPAIRS AND MAINTENANCE$760$563$136$61
DUES AND SUBSCRIPTIONS$426$315$77$34

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$98TotalAmt
Program Services$72ProgramServicesAmt
Management And General$18ManagementAndGeneralAmt
Fundraising$8FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$178,498TotalAmt
Program Services$151,217ProgramServicesAmt
Management And General$18,887ManagementAndGeneralAmt
Fundraising$8,394FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$83,254BOYAmt
EOY$91,248EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$144,389BOYAmt
EOY$80,217EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$44,102BOYAmt
EOY$25,525EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$116,493BOYAmt
EOY$373,249EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,651BOYAmt
EOY$668EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$621,940LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$34,703LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$436,534BOYAmt
EOY$587,237EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$22BOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$826,445BOYAmt
EOY$1,158,144EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$86,761BOYAmt
EOY$33,548EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$15,254BOYAmt
EOY$135,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,565BOYAmt
EOY$5,065EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$106,580BOYAmt
EOY$173,613EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$712,865BOYAmt
EOY$977,531EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,000BOYAmt
EOY$7,000EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$719,865BOYAmt
EOY$984,531EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$826,445BOYAmt
EOY$1,158,144EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$264,666ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (true)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS AuditedfalseFSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$119,139CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$295,854CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$475,056CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$447,126CurrentTaxYearMinus1YearAmt
Current Tax Year$379,937CurrentTaxYearAmt
Total$1,717,112TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$109,664CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$362,101CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$458,539CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$511,475CurrentTaxYearMinus1YearAmt
Current Tax Year$65,500CurrentTaxYearAmt
Total$1,507,279TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$228,803CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$657,955CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$933,595CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$958,601CurrentTaxYearMinus1YearAmt
Current Tax Year$445,437CurrentTaxYearAmt
Total$3,224,391TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,045CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,378CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,309CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,084CurrentTaxYearMinus1YearAmt
Current Tax Year$9,472CurrentTaxYearAmt
Total$25,288TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$126,645CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$318,749CurrentTaxYearMinus1YearAmt
Total$445,394TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,045CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,378CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$127,954CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$326,833CurrentTaxYearMinus1YearAmt
Current Tax Year$9,472CurrentTaxYearAmt
Total$470,682TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$2,753,709PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$106CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$370CurrentTaxYearMinus1YearAmt
Current Tax Year$558CurrentTaxYearAmt
Total$1,182TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$106CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$27CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$370CurrentTaxYearMinus1YearAmt
Current Tax Year$558CurrentTaxYearAmt
Total$1,182TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$944CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,925CurrentTaxYearMinus2YearsAmt
Total$2,869TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$228,909CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$659,020CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$935,547CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$958,971CurrentTaxYearMinus1YearAmt
Current Tax Year$445,995CurrentTaxYearAmt
Total$3,228,442TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.85300PublicSupportCY509Pct
Public Support PY5090.86880PublicSupportPY509Pct
Investment Income CY0.00000InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$72,920OtherCostOrOtherBasisAmt
Book Value$72,920BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$536,813OtherCostOrOtherBasisAmt
Depreciation$25,234DepreciationAmt
Book Value$511,579BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,207OtherCostOrOtherBasisAmt
Depreciation$9,469DepreciationAmt
Book Value$2,738BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$587,237TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
SECURITY DEPOSITS$4,090
ACCRUED PAYROLL AND RELATED TAXES$975
FieldValueIRS element (for citing)
Total Liability$5,065TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
ExplanationTHE PREPARATION OF FINANCIAL STATEMENTS IN CONFORMITY WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRES THE ORGANIZATION TO REPORT INFORMATION REGARDING ITS EXPOSURE TO VARIOUS TAX POSITIONS TAKEN BY THE ORGANIZATION. THE ORGANIZATION HAS DETERMINED WHETHER ANY TAX POSITIONS HAVE MET THE RECOGNITION THRESHOLD AND HAVE MEASURED THE ORGANIZATION'S EXPOSURE TO THOSE TAX POSITIONS. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS ADEQUATELY ADDRESSED ALL RELEVANT TAX POSITIONS AND THAT THERE ARE NO UNRECORDED TAX LIABILITIES. FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED. ANY INTEREST OR PENALTIES ASSESSED TO THE ORGANIZATION, OF WHICH THERE WERE NONE IN 2015 AND 2014, ARE RECORDED AS MANAGEMENT AND GENERAL IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND FUNCTIONAL EXPENSES.ExplanationTxt

Schedule M IRS990ScheduleM

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution5ContributionCnt
Noncash Contributions Rpt F990$55,300NoncashContributionsRptF990Amt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11ContributionCnt
Noncash Contributions Rpt F990$15,821NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONNAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO DEVELOP, ENCOURAGE AND FACILITATE SAFE AND DECENT 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 CONSTRUCTION OF NEW HOMES FOR RENTAL, HOMEOWNERSHIP OR LEASE/PURCHASE. 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 NEIGHBORHOODS THROUGHOUT THE CITY OF AKRON AND CONCENTRATED NEIGHBORHOODS 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 MOST 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, THE UNITED WAY OF SUMMIT COUNTY 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 REPLACING BLIGHTED AND INADEQUATE HOUSING WITH SAFE, WELL-DESIGNED HOMES, WE PLANT THE SEEDS OF REBIRTH AND REVITALIZATION TO OUR LOCAL NEIGHBORHOODS, IMPACTING THE ENTIRE COUNTY.
FORM 990, PAGE 1, PART I, LINE 6VOLUNTEER 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. 2. DONATED SKILLED LABOR AND MATERIALS: NAZARETH WORKS WITH LOCAL, CERTIFIED AND REPUTABLE GENERAL CONTRACTORS TO THOROUGHLY REHABILITATE HOUSES OR TO ABATE 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 AND MUSTARD SEED DEV. CORP WHICH PROVIDE BUDGET AND CREDIT COUNSELING TO OUR CLIENTS. TECHSOUP, A NATIONAL NON-PROFIT, PROVIDES DISCOUNTS ON HARDWARE AND SOFTWARE THAT KEEP THE ORGANIZATION IN THE 21ST CENTURY. 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 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. TOTAL NUMBER OF HOURS SERVED: 883 APPROXIMATE VALUE OF DONATED SERVICE: 27,451
FORM 990, PAGE 6, PART VI, LINE 11BTHE 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO SIGNATURE AND FILING.
FORM 990, PAGE 6, PART VI, LINE 12CALL POTENTIAL CONFLICTS ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 15ATHE BOARD REVIEWS THE COMPENSATION PACKAGE FOR THE TOP MANAGEMENT OFFICIAL AND COMPARES IT TO SIMILIAR ORGANIZATIONS.
FORM 990, PAGE 6, PART VI, LINE 19PROVIDED UPON WRITTEN REQUEST.