NAZARETH HOUSING DEVELOPMENT: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- NAZARETH HOUSING DEVELOPMENT (EIN 34-1908695)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-14
- IRS object ID
- 201343189349305304
- Schema version
- 2012v2.3
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-14T14:52:21-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEVIN SWEDLER CRUM | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3501 EMBASSY PKWY STE 200 | AddressLine1 |
| City | AKRON | City |
| State | OH | State |
| ZIP Code | 44333 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 341908695 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAZARETH HOUSING DEVELOPMENT CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | NAZA | NameControl |
| Phone | 3303741526 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 795 RUSSELL AVENUE | AddressLine1 |
| City | AKRON | City |
| State | OH | State |
| ZIP Code | 44307 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL STEEL | Name |
| Title | BOARD PRESIDENT | Title |
| Phone | 3303741526 | Phone |
| Date Signed | 2013-11-13 | DateSigned |
| Authorize Third Party | false | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEVIN K CRUM | Name |
| Phone | 3306664199 | Phone |
| Date Prepared | 2013-11-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL A STEEL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 795 RUSSELL AVENUE | AddressLine1 |
| City | AKRON | City |
| State | OH | State |
| ZIP Code | 44307 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 661429 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | NAZARETHHOUSING.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | OH | StateLegalDomicile |
| Activity Or Mission Description | DEVELOP AFFORDABLE HOUSING IN SUMMIT COUNTY FOR LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS. THIS IS ACCOMPLISHED BY WAY OF HOMEOWNERSHIP, LEASE/PURCHASE, LEAD ABATEMENT, REHABILITATION, INSTALLING ENERGY EFFICIENT APPLIANCES, WEATHERIZING, ACCEPTING DONATED HOUSES AND DEVELOPING A RENTAL PROGRAM. NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGANIZATION ARE PROVIDED IN A MANNER THAT SUPPORTS AND ENCOURAGES SELF-RESPECT, DIGNITY, AND SELF-SUFFICIENCY AMONG THOSE SERVED. OUR VISION IS THAT ALL PEOPLE WILL LIVE IN HOUSING THAT IS ADEQUATE TO THEIR NEEDS, AFFORDABLE TO THEIR INCOMES, AND SATISFYING TO THEIR PRIDE. OUR VISION IS THAT BY ELIMINATING BLIGHTED AND INADEQUATE HOUSING AND REPLACING IT WITH SAFE, WELL CONSTRUCTED, NEW AND REHABILITATED HOMES, WE WILL BE PLANTING THE SEEDS THAT WILL HELP GIVE REBIRTH AND REVITALIZATION TO TH | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 5 | TotalNbrEmployees |
| Total Nbr Volunteers | 81 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 119139 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 295854 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 96350 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 362101 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 106 | InvestmentIncomePriorYear |
| Investment Income Current Year | 121 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6209 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1944 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 221804 | TotalRevenuePriorYear |
| Total Revenue Current Year | 660020 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 71425 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 57949 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 7545 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 119527 | OtherExpensePriorYear |
| Other Expenses Current Year | 453811 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 190952 | TotalExpensesPriorYear |
| Total Expenses Current Year | 511760 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 30852 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 148260 | RevenuesLessExpensesCY |
| Total Assets BOY | 745873 | TotalAssetsBOY |
| Total Assets EOY | 858697 | TotalAssetsEOY |
| Total Liabilities BOY | 592283 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 556847 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 153590 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 301850 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | DEVELOP AFFORDABLE HOUSING IN SUMMIT COUNTY FOR LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS. THIS IS ACCOMPLISHED BY WAY OF HOMEOWNERSHIP, LEASE/PURCHASE, LEAD ABATEMENT, REHABILITATION, INSTALLING ENERGY EFFICIENT APPLIANCES, WEATHERIZING, ACCEPTING DONATED HOUSES AND DEVELOPING A RENTAL PROGRAM. NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGANIZATION ARE PROVIDED IN A MANNER THAT SUPPORTS AND ENCOURAGES SELF-RESPECT, DIGNITY, AND SELF-SUFFICIENCY AMONG THOSE SERVED. OUR VISION IS THAT ALL PEOPLE WILL LIVE IN HOUSING THAT IS ADEQUATE TO THEIR NEEDS, AFFORDABLE TO THEIR INCOMES, AND SATISFYING TO THEIR PRIDE. OUR VISION IS THAT BY ELIMINATING BLIGHTED AND INADEQUATE HOUSING AND REPLACING IT WITH SAFE, WELL CONSTRUCTED, NEW AND REHABILITATED HOMES, WE WILL BE PLANTING THE SEEDS THAT WILL HELP GIVE REBIRTH AND REVITALIZATION TO TH | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 177890 | Expense |
| Revenue | 362101 | Revenue |
| Description | REHABILITATE VACANT AND/OR ABANDONED HOUSES FOR PURCHASE, LEASE OR RENT BY LOW TO MODERATE INCOME FAMILIES. BRING UP TO BUILDING CODE STANDARDS, PLACE ENERGY EFFICIENT WINDOWS AND APPLIANCES, ENSURE SAFE PROPERTY-SPECIFIC WATER TREATMENT SYSTEMS (WELL/SEPTIC), REDESIGN INTERIORS AS NECESSARY TO CREATE COMFORTABLE, CONTEMPORARY HOMES. ADD ACCESSIBILITY FEATURES AS NEEDED. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 66709 | Expense |
| Description | REMOVE 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 66709 | Expense |
| Description | STEWARD RESOURCES AND REDUCE THE IMPACT ON ENVIRONMENTS BY REHABILITATING EXISTING HOUSING STOCK THROUGH HIRING LOCAL CONTRACTORS USING LOCAL RESOURCES AND UTILIZING VOLUNTEERS TO INSTALL ENERGY EFFICIENT WINDOWS, FURNACES AND APPLIANCES, AND RE-USING MATERIALS WHEN FEASIBLE. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 133416 | Expense |
| Description | ASSIST CLIENTS WITH CREDIT-READINESS AND OTHER ASPECTS OF FINANCIAL LITERACY. 66,709 EXPAND OUR RESOURCES AND OUR SUPPORT BY UTILIZING VOLUNTEERS. 44,472 MAKE HOMES ACCESSIBLE FOR CLIENTS WITH MOBILITY ISSUES. 22,235 | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 133416 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 444724 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 1 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 5 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | OH | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | NANCI SELF | NamePerson |
| Telephone Number | 3303741526 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 795 RUSSELL AVE | AddressLine1 |
| City | AKRON | City |
| State | OH | State |
| ZIP Code | 44307 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| MICHAEL A STEEL | ||||||
| PRESIDENT | 3.25 | X | X | 0 | 0 | 0 |
| MICHAEL MOLDVAY | ||||||
| TREASURER | 1.50 | X | X | 0 | 0 | 0 |
| ANGELA JOHNSON | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| ROBERT BRECHT | ||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |
| KEITH STAHL | ||||||
| VICE-PRESIDE | 1.50 | X | X | 0 | 0 | 0 |
| ROBERT J WARNER | ||||||
| SECRETARY | 3.25 | X | X | 0 | 0 | 0 |
| REV TOM GERSTENLAUER | ||||||
| TRUSTEE | 2.00 | X | 0 | 0 | 0 | |
| JANICE HARRISON | ||||||
| TRUSTEE | 1.50 | X | 0 | 0 | 0 | |
| NANCI SELF | ||||||
| EXECUTIVE DI | 40.00 | X | 36719 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 36719 | TotalReportableCompFromOrg |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Government Grants | 183929 | GovernmentGrants |
| All Other Contributions | 111925 | AllOtherContributions |
| Noncash Contributions | 43813 | NoncashContributions |
| Total Contributions | 295854 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| HOME SALES | 296241 | 296241 |
| DEVELOPER FEES | 42600 | 42600 |
| RENTAL INCOME | 23260 | 23260 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 362101 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 121 | TotalRevenueColumn |
| Exclusion | $121 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 3353 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 1409 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1944 | TotalRevenueColumn |
| Exclusion | $1,944 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 660020 | TotalRevenueColumn |
| Related Or Exempt Function Income | 362101 | RelatedOrExemptFunctionIncome |
| Exclusion | $2,065 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36719 | Total |
| Program Services | 4773 | ProgramServices |
| Management And General | 26070 | ManagementAndGeneral |
| Fundraising | 5876 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17296 | Total |
| Program Services | 10505 | ProgramServices |
| Management And General | 6791 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3934 | Total |
| Program Services | 1113 | ProgramServices |
| Management And General | 2371 | ManagementAndGeneral |
| Fundraising | 450 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5148 | Total |
| Management And General | 5148 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2580 | Total |
| Management And General | 2580 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650 | Total |
| Management And General | 650 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4600 | Total |
| Program Services | 593 | ProgramServices |
| Management And General | 3871 | ManagementAndGeneral |
| Fundraising | 136 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 434 | Total |
| Program Services | 208 | ProgramServices |
| Management And General | 178 | ManagementAndGeneral |
| Fundraising | 48 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84 | Total |
| Program Services | 40 | ProgramServices |
| Management And General | 35 | ManagementAndGeneral |
| Fundraising | 9 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1142 | Total |
| Program Services | 69 | ProgramServices |
| Management And General | 1057 | ManagementAndGeneral |
| Fundraising | 16 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3933 | Total |
| Management And General | 3933 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 514 | Total |
| Program Services | 473 | ProgramServices |
| Management And General | 14 | ManagementAndGeneral |
| Fundraising | 27 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7807 | Total |
| Program Services | 3480 | ProgramServices |
| Management And General | 3529 | ManagementAndGeneral |
| Fundraising | 798 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| COST OF HOUSES SOLD | 287425 | 287425 | |
| LEAD ABADEMENT PROJECTS | 124117 | 124117 | |
| RENTAL PROPERTY EXPENSES | 11282 | 11282 | |
| DUES & SUBSCRIPTIONS | 1700 | 1700 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2395 | Total |
| Program Services | 646 | ProgramServices |
| Management And General | 1564 | ManagementAndGeneral |
| Fundraising | 185 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 511760 | Total |
| Program Services | 444724 | ProgramServices |
| Management And General | 59491 | ManagementAndGeneral |
| Fundraising | 7545 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 79647 | BOY |
| EOY | 59582 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13469 | BOY |
| EOY | 8748 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48812 | BOY |
| EOY | 47478 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 431447 | BOY |
| EOY | 420854 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1680 | BOY |
| EOY | 2215 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 335423 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15625 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170796 | BOY |
| EOY | 319798 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22 | BOY |
| EOY | 22 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 745873 | BOY |
| EOY | 858697 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20519 | BOY |
| EOY | 67518 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 365954 | BOY |
| EOY | 378279 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 199056 | BOY |
| EOY | 104371 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6754 | BOY |
| EOY | 6679 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 592283 | BOY |
| EOY | 556847 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 132790 | BOY |
| EOY | 294850 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20800 | BOY |
| EOY | 7000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 153590 | BOY |
| EOY | 301850 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 745873 | BOY |
| EOY | 858697 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 148260 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | true | AccountantCompileOrReview |
Accountant Compile Or Review Basis AccountantCompileOrReviewBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAudited |
| Audit Committee | true | AuditCommittee |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 28900 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 30190 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 17967 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 119139 | CurrentTaxYearMinus1Year |
| Current Tax Year | 295854 | CurrentTaxYear |
| Total | 492050 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 560158 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 617373 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 741958 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 109664 | CurrentTaxYearMinus1Year |
| Current Tax Year | 362101 | CurrentTaxYear |
| Total | 2391254 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 589058 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 647563 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 759925 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 228803 | CurrentTaxYearMinus1Year |
| Current Tax Year | 657955 | CurrentTaxYear |
| Total | 2883304 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 4045 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2378 | CurrentTaxYear |
| Total | 6423 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 4045 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2378 | CurrentTaxYear |
| Total | 6423 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 2876881 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 104 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 149 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 162 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 106 | CurrentTaxYearMinus1Year |
| Current Tax Year | 121 | CurrentTaxYear |
| Total | 642 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 104 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 149 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 162 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 106 | CurrentTaxYearMinus1Year |
| Current Tax Year | 121 | CurrentTaxYear |
| Total | 642 | Total |
Net Income From Other UBI NetIncomeFromOtherUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 944 | CurrentTaxYear |
| Total | 944 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 589162 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 647712 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 760087 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 228909 | CurrentTaxYearMinus1Year |
| Current Tax Year | 659020 | CurrentTaxYear |
| Total | 2884890 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99720 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99790 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00000 | InvestmentIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 335423 | OtherCostOrOtherBasis |
| Depreciation | 15625 | Depreciation |
| Book Value | 319798 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 319798 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED PAYROLL AND RELATED TAXES | $4,069 |
| SECURITY DEPOSITS | $2,610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6679 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 705768 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 44339 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 1409 | OtherRevenues |
| Revenue Not Rptd F990 | 45748 | RevenueNotRptdF990 |
| Revenue Subtotal | 660020 | RevenueSubtotal |
| Total Revenue Per Form990 | 660020 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 557508 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 44339 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 1409 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 45748 | ExpensesNotRptdF990 |
| Expenses Subtotal | 511760 | ExpensesSubtotal |
| Total Expenses Per Form990 | 511760 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| LIABILITY UNDER FIN 48 FOOTNOTE | SCHEDULE D, PAGE 3, PART X | THE 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 HAS 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 2012 AND 2011, ARE RECORDED AS MANAGEMENT AND GENERAL IN THE ACCOMPANYING STATMENTS OF ACTIVITIES AND FUNCTIONAL EXPENSES. |
| REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XI, LINE 2D | PAGE 9, PART VIII, LINE 8B, DIRECT COSTS 1,409 |
| EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER | SCHEDULE D, PAGE 4, PART XII, LINE 2D | PAGE 9, PART VIII, LINE 8B, DIRECT COSTS 1,409 |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidential
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 42000 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | CMPTR H/W & S/W | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1813 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL INFORMATION | Identifier |
| Return Reference | SCHEDULE M, PAGE 2, PART II | ReturnReference |
| Explanation | LINE 25 - COMPUTER HARDWARE AND SOFTWARE PRODUCTS | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | DEVELOP AFFORDABLE HOUSING IN SUMMIT COUNTY FOR LOW TO MODERATE INCOME FAMILIES AND INDIVIDUALS. THIS IS ACCOMPLISHED BY WAY OF HOMEOWNERSHIP, LEASE/PURCHASE, LEAD ABATEMENT, REHABILITATION, INSTALLING ENERGY EFFICIENT APPLIANCES, WEATHERIZING, ACCEPTING DONATED HOUSES AND DEVELOPING A RENTAL PROGRAM. NAZARETH HOUSING DEVELOPMENT CORPORATION ("ORGANIZATION") EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGANIZATION ARE PROVIDED IN A MANNER THAT SUPPORTS AND ENCOURAGES SELF-RESPECT, DIGNITY, AND SELF-SUFFICIENCY AMONG THOSE SERVED. OUR VISION IS THAT ALL PEOPLE WILL LIVE IN HOUSING THAT IS ADEQUATE TO THEIR NEEDS, AFFORDABLE TO THEIR INCOMES, AND SATISFYING TO THEIR PRIDE. OUR VISION IS THAT BY ELIMINATING BLIGHTED AND INADEQUATE HOUSING AND REPLACING IT WITH SAFE, WELL CONSTRUCTED, NEW AND REHABILITATED HOMES, WE WILL BE PLANTING THE SEEDS THAT WILL HELP GIVE REBIRTH AND REVITALIZATION TO THOSE NEIGHBORHOODS AFFECTED. OUR VISION IS THAT THOSE NEIGHBORHOODS WILL BECOME THE SEEDS THAT REVITALIZE THE CITY AND COUNTY, BY REVITALIZING AND RE-ENERGIZING THE PEOPLE WHO HAVE BEEN HELPED. OUR DREAM IS THAT THOSE PEOPLE, REVITALIZED NOW BY THE SATISFACTION OF ONE OF HUMANITY'S MOST BASIC NEEDS, HOUSING, WILL THEMSELVES DREAM...AND REACH THEIR FULL POTENTIAL AS HUMAN BEINGS. |
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | ASSIST CLIENTS WITH CREDIT-READINESS AND OTHER ASPECTS OF FINANCIAL LITERACY. 66,709 EXPAND OUR RESOURCES AND OUR SUPPORT BY UTILIZING VOLUNTEERS. 44,472 MAKE HOMES ACCESSIBLE FOR CLIENTS WITH MOBILITY ISSUES. 22,235 |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | THE 990 IS REVIEWED BY THE TREASURER AND EXECUTIVE DIRECTOR PRIOR TO SIGNATURE AND FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | ALL POTENTIAL CONFLICTS ARE REVIEWED AND RESOLVED BY THE BOARD OF DIRECTORS. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | 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. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | PROVIDED UPON WRITTEN REQUEST. |
| RECONCILIATION OF CHANGES - OTHER | FORM 990, PART XI, LINE 9 | PAGE 9, PART VIII, LINE 8B, DIRECT COSTS 1,409 PAGE 9, PART VIII, LINE 8B, DIRECT COSTS -1,409 |