Form 990 for tax year 2022
Filed by HILL COMMUNITY DEVELOPMENT CORPORATION.
This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.
What the amendment changed
Compared with the latest return for 2022 , filed 8 October 2024. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $5,482,201 changed to $3,105,568
- Total expenses
- $1,104,796 changed to $1,507,608
- Contributions and grants received
- $5,271,729 changed to $2,771,729
- Investment income
- -$63,544 changed to $68,409
- Other revenue
- $274,016 changed to $265,430
- Total assets, end of year
- $17,271,155 changed to $12,808,399
- Total liabilities, end of year
- $2,208,786 changed to $3,136,240
- Net assets or fund balances, end of year
- $15,062,369 changed to $9,672,159
- Program services expenses
- $905,158 changed to $792,289
- Management and general expenses
- $131,918 changed to $566,773
- Fundraising expenses
- $67,720 changed to $148,546
- Program service expenses (Part III)
- $905,158 changed to $792,289
Listed only on the earlier return
- Brenda TateBRENDA TATE
- Jamar WhiteJAMAR WHITE
- Mike TarleMIKE TARLE
Listed only on the later return
- Cecily DavisCECILY DAVIS
- Jack Higgins JrJACK HIGGINS JR
Totals
- Total revenue
- $5,482,201
- Total expenses
- $1,104,796
- Contributions and grants received
- $5,271,729
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- -$63,544
- Other revenue
- $274,016
- Total assets, end of year
- $17,271,155
- Total liabilities, end of year
- $2,208,786
- Net assets or fund balances, end of year
- $15,062,369
- Program services expenses (Part IX)
- $905,158
- Management and general expenses
- $131,918
- Fundraising expenses
- $67,720
- Program service expenses (Part III)
- $905,158
Program services were 81.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$408,750
-
1f · All other contributions, gifts and grants
$4,862,979
-
3 · Investment income
total $240 · excluded $240
-
6a · Gross rents
real property $266,859
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $266,859
-
6d · Net rental income or loss
total $266,859 · related or exempt $266,859
-
7b · Less cost or other basis and sales expenses
securities $63,784
-
7c · Gain or loss
securities -$63,784
-
7d · Net gain or loss
total -$63,784 · related or exempt -$63,784
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $7,157 · related or exempt $7,157
-
11e · Other revenue, total
$7,157
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $352,066 · program services $334,462 · management and general $8,802 · fundraising $8,802
-
9 · Other employee benefits
total $15,637 · program services $14,855 · management and general $391 · fundraising $391
-
10 · Payroll taxes
total $28,708 · program services $27,272 · management and general $718 · fundraising $718
-
11b · Fees: legal
total $48,017 · program services $36,013 · management and general $6,002 · fundraising $6,002
-
11c · Fees: accounting
total $61,328 · program services $45,996 · management and general $7,666 · fundraising $7,666
-
11g · Fees: other
total $149,901 · program services $112,425 · management and general $18,738 · fundraising $18,738
-
13 · Office expenses
total $67,864 · program services $40,718 · management and general $13,573 · fundraising $13,573
-
14 · Information technology
total $33,968 · program services $25,476 · management and general $4,246 · fundraising $4,246
-
16 · Occupancy
total $303,356 · program services $242,685 · management and general $53,087 · fundraising $7,584
-
20 · Interest
total $29,420 · program services $14,710 · management and general $14,710
-
23 · Insurance
total $4,981 · program services $996 · management and general $3,985
-
24a · Other expenses: PROFESSIONAL DEVELOPMEN
total $7,771 · program services $7,771
-
24b · Other expenses: FIREHOUSE
total $1,121 · program services $1,121
-
24c · Other expenses: MISCELLANEOUS
total $658 · program services $658
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,251,865 · end of year $6,988,611
-
4 · Accounts receivable
beginning of year $616,255 · end of year $524,684
-
9 · Prepaid expenses and deferred charges
beginning of year $26,805 · end of year $49,757
-
10a · Land, buildings and equipment: cost or other basis
$2,622,360
-
10b · Land, buildings and equipment: accumulated depreciation
$473,125
-
10c · Land, buildings and equipment, net
beginning of year $1,840,313 · end of year $2,149,235
-
15 · Other assets
beginning of year $5,855,504 · end of year $7,558,868
-
17 · Accounts payable and accrued expenses
beginning of year $101,239 · end of year $378,792
-
23 · Secured mortgages and notes payable
beginning of year $1,050,229 · end of year $1,666,994
-
24 · Unsecured notes and loans payable
beginning of year $749,653
-
25 · Other liabilities
beginning of year $163,000 · end of year $163,000
-
27 · Net assets without donor restrictions
beginning of year $5,894,908 · end of year $10,430,656
-
28 · Net assets with donor restrictions
beginning of year $4,631,713 · end of year $4,631,713
Mission and programs · 2022
Mission
ENGAGES IN COMMUNITY, ECONOMIC AND REAL ESTATE DEVELOPMENT, INCLUDING NEIGHBORHOOD PLANNING.
-
WORKS IN PARTNERSHIP WITH RESIDENTS AND STAKEHOLDERS TO CREATE, PROMOTE, AND IMPLEMENT STRATEGIES AND PROGRAMS THAT CONNECT PLANS, POLICIES AND PEOPLE TO DRIVE COMPELLING COMMUNITY DEVELOPMENT OPPORTUNITIES IN THE GREATER HILL DISTRICT. THIS INCLUDES BUT IS NOT LIMITED TO REAL ESTATE DEVELOPMENT, COMMUNITY PLANNING AND SPECIAL PROGRAMS.
Expenses $905,158
As filed on the 2022 return.
Listed in Part VII
-
Marimba MillionesMARIMBA MILLIONES
PRESIDENT AND CEO
- Total calculated
- $120,000
- From this org
- $120,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Roderick CraigheadRODERICK CRAIGHEAD
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Armanios IIIDANIEL ARMANIOS III
VICE CHARIPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Jamar WhiteJAMAR WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brenda TateBRENDA TATE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicole Narvaez MannsNICOLE NARVAEZ MANNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan NewellJONATHAN NEWELL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Mike TarleMIKE TARLE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 24 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312989349301506
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