NAZARETH HOUSING DEVELOPMENT: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: NAZARETH HOUSING DEVELOPMENT (EIN 34-1908695)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-11-12
IRS object ID: 201203179349302095
Schema version: 2011v1.2
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-12T14:54:22-06:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CRUM BUCHANAN AND ASSOCIATES	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	3250 W MARKET ST STE 209	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	2011-01-01	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	PRESIDENT	Title
Phone	3303741526	Phone
Date Signed	2012-11-02	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	KEVIN K CRUM	Name
Phone	3308671222	Phone
Date Prepared	2012-11-02	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	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	228909	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 (ORGINIZATION) EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGINIZATION ARE PROVIDED IN A MANNER THAT SUPOORTS 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 THOS	ActivityOrMissionDescription
Nbr Voting Members Governing Body	10	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	10	NbrIndependentVotingMembers
Total Nbr Employees	6	TotalNbrEmployees
Total Nbr Volunteers	179	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	17967	ContributionsGrantsPriorYear
Contributions Grants Current Year	119139	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	727552	ProgramServiceRevenuePriorYear
Program Service Revenue CY	96350	ProgramServiceRevenueCY
Investment Income Prior Year	162	InvestmentIncomePriorYear
Investment Income Current Year	106	InvestmentIncomeCurrentYear
Other Revenue Prior Year	8003	OtherRevenuePriorYear
Other Revenue Current Year	6209	OtherRevenueCurrentYear
Total Revenue Prior Year	753684	TotalRevenuePriorYear
Total Revenue Current Year	221804	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	70491	SalariesEtcPriorYear
Salaries Etc Current Year	71425	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	10810	TotalFundrsngExpCurrentYear
Other Expense Prior Year	659231	OtherExpensePriorYear
Other Expenses Current Year	119527	OtherExpensesCurrentYear
Total Expenses Prior Year	729722	TotalExpensesPriorYear
Total Expenses Current Year	190952	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	23962	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	30852	RevenuesLessExpensesCY
Total Assets BOY	418399	TotalAssetsBOY
Total Assets EOY	745873	TotalAssetsEOY
Total Liabilities BOY	295661	TotalLiabilitiesBOY
Total Liabilities EOY	592283	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	122738	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	153590	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 (ORGINIZATION) EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGINIZATION ARE PROVIDED IN A MANNER THAT SUPOORTS 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 THOS	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	37897	Expense
Description	REHABILITATE VACANT AND/OR ABANDONED HOUSES FOR PURCHASE, LEASE OR RENT, THEREBY STABILIZING BOTH FAMILIES AND NEIGHBORHOODS. BRING UP TO CODE, REDESIGN INTERIORS, CREATE COMFORTABLE, CONTEMPORARY LIVING ENVIRONS.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	37897	Expense
Description	REMOVE HAZARDOUS LEAD AND BRING OLDER HOMES UP TO CURRENT BUILDING CODE STANDARDS FOR LOW INCOME HOMEOWNERS WITH YOUNG CHILDREN.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	20211	Expense
Description	STEWARD RESOURCES AND REDUCE IMPACT ON ENVIRONMENTS BY UTILIZING VOLUNTEERS, INSTALLING ENERGY EFFICIENT FURNACES AND APPLIANCES, RE-USING MATERIALS WHEN FEASIBLE.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	30319	Expense
Description	ASSIST CLIENTS WITH CREDIT-READINESS AND OTHER ASPECTS OF FINANCIAL LITERACY. 12,633 EXPAND OUR RESOURCES AND OUR SUPPORT BY UTILIZING VOLUNTEERS. 8,843 MAKE HOMES ACESSIBLE FOR CLIENTS WITH MOBILITY ISSUES. 8,843 BUILD NEW CONSTRUCTION HOMES WHEN FINANCIALLY FEASIBLE. -0-	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	30319	TotalOfOtherProgramServiceExp
Total Program Service Expense	126324	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	false	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
Transaction Related Entity	false	TransactionRelatedEntity
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	6	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
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	10	NbrVotingGoverningBodyMembers
Number Independent Voting Members	10	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	true	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 (11 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
LETESHA ROGERS
TRUSTEE	1.00	X	0	0	0
KAREN BOWMAN
TRUSTEE	1.00	X	0	0	0
ANGELA JOHNSON
TRUSTEE	1.00	X	0	0	0
ROBERT BRECHT
TRUSTEE	1.00	X	0	0	0
CATHIE FINN
TRUSTEE	1.00	X	0	0	0
ROBERT WARNER
SECRETARY	2.00	X	0	0	0	X
REV TOM GERSTENLAUER
TRUSTEE	1.00	X	0	0	0
NANCI SELF
EXEC. DIRECT	40.00		37500	0	0	X
MICHAEL A STEEL
PRESIDENT	5.00		0	0	0	X
MICHAEL MOLDVAY
TREASURER	2.00		0	0	0	X
KEITH STAHL
VICE-PRESIDE	2.00		0	0	0	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	37500	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	75532	GovernmentGrants
All Other Contributions	43607	AllOtherContributions
Total Contributions	119139	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
HOME SALES	92000	92000
RENTAL INCOME	4350	4350

Field	Value	IRS element (for citing)
Total Program Service Revenue	96350	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	106	TotalRevenueColumn
Exclusion	$106	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	13314	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	7105	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	6209	TotalRevenueColumn

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	221804	TotalRevenueColumn
Related Or Exempt Function Income	96350	RelatedOrExemptFunctionIncome
Exclusion	$106	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	37500	Total
Program Services	6000	ProgramServices
Management And General	25500	ManagementAndGeneral
Fundraising	6000	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	30100	Total
Program Services	23306	ProgramServices
Management And General	3950	ManagementAndGeneral
Fundraising	2844	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	3825	Total
Program Services	1836	ProgramServices
Management And General	1568	ManagementAndGeneral
Fundraising	421	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3206	Total
Management And General	3206	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7760	Total
Management And General	7760	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	6643	Total
Program Services	650	ProgramServices
Management And General	5367	ManagementAndGeneral
Fundraising	626	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	405	Total
Program Services	194	ProgramServices
Management And General	166	ManagementAndGeneral
Fundraising	45	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	707	Total
Program Services	339	ProgramServices
Management And General	290	ManagementAndGeneral
Fundraising	78	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	1392	Total
Program Services	37	ProgramServices
Management And General	1347	ManagementAndGeneral
Fundraising	8	Fundraising

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	422	Total
Program Services	293	ProgramServices
Management And General	102	ManagementAndGeneral
Fundraising	27	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	6081	Total
Program Services	2663	ProgramServices
Management And General	2808	ManagementAndGeneral
Fundraising	610	Fundraising

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
COST OF HOUSES SOLD	88503	88503
RENTAL PROPERTY EXPENSES	2015	2015
TELEPHONE	1376	661	564	151
DUES & SUBSCRIPTIONS	629		629

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	388	Total
Program Services	-173	ProgramServices
Management And General	561	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	190952	Total
Program Services	126324	ProgramServices
Management And General	53818	ManagementAndGeneral
Fundraising	10810	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	58850	BOY
EOY	79647	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	10470	BOY
EOY	13469	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	33011	BOY
EOY	48812	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	313422	BOY
EOY	431447	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	1727	BOY
EOY	1680	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	178493	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	7697	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	897	BOY
EOY	170796	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	418399	BOY
EOY	745873	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	15610	BOY
EOY	20519	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	232051	BOY
EOY	365954	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	48000	BOY
EOY	199056	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
EOY	6754	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	295661	BOY
EOY	592283	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	115738	BOY
EOY	132790	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	7000	BOY
EOY	20800	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	122738	BOY
EOY	153590	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	418399	BOY
EOY	745873	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	30852	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated

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	3385	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	28900	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	30190	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	17967	CurrentTaxYearMinus1Year
Current Tax Year	119139	CurrentTaxYear
Total	199581	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	246250	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	560158	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	617373	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	741958	CurrentTaxYearMinus1Year
Current Tax Year	109664	CurrentTaxYear
Total	2275403	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	249635	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	589058	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	647563	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	759925	CurrentTaxYearMinus1Year
Current Tax Year	228803	CurrentTaxYear
Total	2474984	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Current Tax Year	4045	CurrentTaxYear
Total	4045	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Current Tax Year	4045	CurrentTaxYear
Total	4045	Total

Field	Value	IRS element (for citing)
Public Support Total509	2470939	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	558	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	104	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	149	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	162	CurrentTaxYearMinus1Year
Current Tax Year	106	CurrentTaxYear
Total	1079	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	558	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	104	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	149	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	162	CurrentTaxYearMinus1Year
Current Tax Year	106	CurrentTaxYear
Total	1079	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	250193	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	589162	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	647712	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	760087	CurrentTaxYearMinus1Year
Current Tax Year	228909	CurrentTaxYear
Total	2476063	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99790	PublicSupportPercentage509
Prior Year Support Percentage	0.99960	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

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	178493	OtherCostOrOtherBasis
Depreciation	7697	Depreciation
Book Value	170796	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	170796	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
ACCRUED PAYROLL AND RELATED TAXES	$5,204
SECURITY DEPOSITS	$1,550

Field	Value	IRS element (for citing)
Total Of Amounts	6754	TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	LIABILITY UNDER FIN 48 FOOTNOTE	Identifier
Return Reference	SCHEDULE D, PAGE 3, PART X	ReturnReference
Explanation	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 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 2011 AND 2010, ARE RECORDED AS MANAGEMENT AND GENERAL IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND FUNCTIONAL EXPENSES.	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 (ORGINIZATION) EXISTS TO ENCOURAGE, FACILITATE, AND DEVELOP HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN SUMMIT COUNTY. THE EFFORTS AND OFFERINGS OF THE ORGINIZATION ARE PROVIDED IN A MANNER THAT SUPOORTS 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. 12,633 EXPAND OUR RESOURCES AND OUR SUPPORT BY UTILIZING VOLUNTEERS. 8,843 MAKE HOMES ACESSIBLE FOR CLIENTS WITH MOBILITY ISSUES. 8,843 BUILD NEW CONSTRUCTION HOMES WHEN FINANCIALLY FEASIBLE. -0-
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	BOARD REVIEWS COMPENSATION PACKAGE FOR KEY EMPLOYEES AND COMPARES TO SIMILIAR ORGANIZATIONS.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	BOARD REVIEWS COMPENSATION PACKAGE FOR KEY EMPLOYEES AND COMPARES TO SIMILIAR ORGANIZATIONS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	PROVIDED UPON WRITTEN REQUEST.