Totals
- Total revenue
- $5,601,454
- Total expenses
- $6,919,697
- Contributions and grants received
- $4,144,740
- Grants paid
- $1,256,216
- Program service revenue
- $1,583,776
- Investment income
- -$242,063
- Other revenue
- $115,001
- Total assets, end of year
- $23,189,624
- Total liabilities, end of year
- $8,619,333
- Net assets or fund balances, end of year
- $14,570,291
- Program services expenses (Part IX)
- $6,482,160
- Management and general expenses
- $416,941
- Fundraising expenses
- $20,596
- Program service expenses (Part III)
- $6,482,160
Program services were 93.7% 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)
$2,592,051
-
1f · All other contributions, gifts and grants
$1,552,689
-
1g · Noncash contributions included above
$45,050
-
2a · Program service revenue: GROSS RENTAL INCOME
total $1,165,840 · related or exempt $1,165,840
-
2b · Program service revenue: DEVELOPER FEES
total $248,395 · related or exempt $248,395
-
2c · Program service revenue: LOAN FEES, INTEREST, AND LATE FEE
total $99,651 · related or exempt $99,651
-
2d · Program service revenue: ADMINISTRATIVE FEES
total $69,381 · related or exempt $69,381
-
2e · Program service revenue: PARTNERSHIP INVESTMENT
total $509 · related or exempt $509
-
3 · Investment income
total $66,201 · excluded $66,201
-
6a · Gross rents
real property $48,960
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $48,960
-
6d · Net rental income or loss
total $48,960 · related or exempt $48,960
-
7a · Gross sales of assets other than inventory
other assets $555,618
-
7b · Less cost or other basis and sales expenses
other assets $863,882
-
7c · Gain or loss
other assets -$308,264
-
7d · Net gain or loss
total -$308,264 · related or exempt -$308,264
-
11a · Other revenue: MISCELLANEOUS
total $66,041 · related or exempt $66,041
-
11e · Other revenue, total
$66,041
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $400,000 · program services $400,000
-
2 · Grants to domestic individuals
total $856,216 · program services $856,216
-
5 · Compensation of officers, directors and key employees
total $355,093 · program services $355,093
-
7 · Other salaries and wages
total $452,115 · program services $290,673 · management and general $145,297 · fundraising $16,145
-
9 · Other employee benefits
total $154,372 · program services $123,498 · management and general $27,787 · fundraising $3,087
-
10 · Payroll taxes
total $68,203 · program services $54,562 · management and general $12,277 · fundraising $1,364
-
11b · Fees: legal
total $6,166 · program services $3,784 · management and general $2,382
-
11c · Fees: accounting
total $44,306 · program services $10,900 · management and general $33,406
-
11g · Fees: other
total $134,920 · program services $134,920
-
12 · Advertising and promotion
total $4,343 · program services $2,481 · management and general $1,862
-
13 · Office expenses
total $121,272 · program services $14,937 · management and general $106,335
-
16 · Occupancy
total $99,300 · program services $54,078 · management and general $45,222
-
17 · Travel
total $13,625 · program services $13,533 · management and general $92
-
19 · Conferences, conventions and meetings
total $19,400 · program services $11,142 · management and general $8,258
-
20 · Interest
total $217,802 · program services $217,802
-
22 · Depreciation, depletion and amortization
total $343,495 · program services $337,024 · management and general $6,471
-
23 · Insurance
total $26,154 · management and general $26,154
-
24a · Other expenses: RENTAL EXPENSES
total $1,821,867 · program services $1,821,867
-
24b · Other expenses: YOUTHBUILD/AMERICORPS
total $900,838 · program services $900,838
-
24c · Other expenses: BAD DEBT EXPENSE
total $867,590 · program services $867,590
-
24d · Other expenses: TITLE/CREDIT/RECORDING
total $12,620 · program services $11,222 · management and general $1,398
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $645,927 · end of year $261,910
-
2 · Savings and temporary cash investments
beginning of year $3,804,969 · end of year $1,623,937
-
3 · Pledges and grants receivable
beginning of year $154,553 · end of year $750,499
-
4 · Accounts receivable
beginning of year $447,676 · end of year $2,361,981
-
7 · Other notes and loans receivable
beginning of year $6,742,236 · end of year $5,648,186
-
9 · Prepaid expenses and deferred charges
beginning of year $13,092 · end of year $18,088
-
10a · Land, buildings and equipment: cost or other basis
$13,064,478
-
10b · Land, buildings and equipment: accumulated depreciation
$3,057,767
-
10c · Land, buildings and equipment, net
beginning of year $8,686,713 · end of year $10,006,711
-
13 · Investments: program-related
beginning of year $1,162,886 · end of year $1,228,247
-
15 · Other assets
beginning of year $1,084,159 · end of year $1,290,065
-
17 · Accounts payable and accrued expenses
beginning of year $1,336,389 · end of year $3,917,515
-
19 · Deferred revenue
beginning of year $153,740 · end of year $155,535
-
23 · Secured mortgages and notes payable
beginning of year $5,264,146 · end of year $4,472,998
-
25 · Other liabilities
beginning of year $106,521 · end of year $73,285
-
27 · Net assets without donor restrictions
beginning of year $14,764,432 · end of year $13,317,878
-
28 · Net assets with donor restrictions
beginning of year $1,116,983 · end of year $1,252,413
Mission and programs · 2022
Mission
TO IMPROVE OUR GREATER DAYTON-MONTGOMERY COUNTY COMMUNITY BY OFFERING AFFORDABLE HOUSING AND ECONOMIC PROGRAMS FOR RESIDENTS AND SMALL BUSINESSES.
Activities or mission (Part I)
IMPROVE THE QUALITY OF LIFE FOR MONTGOMERY COUNTY RESIDENTS THROUGH IMPROVED HOUSING OPPORTUNITIES
-
RENTAL AND HOME OWNERSHIP OPPORTUNITY PROGRAM: COUNTY CORP FACILITATED THE TORNADO SURVIVORS' PATHWAY TO HOMEOWNERSHIP PROGRAM (PATHWAYS). PATHWAYS EVOLVED OUT OF THE MIAMI VALLEY LONG TERM RECOVERY OPERATIONS GROUP'S WORK OF REPAIRING AND REBUILDING HOMES DAMAGED BY THE MEMORIAL DAY 2019 TORNADOES. WORKING CLOSELY WITH MONTGOMERY COUNTY, JURISDICTIONAL LEADERS, VOLUNTEER BUILD TEAMS, AND MANY OTHERS, AN OPPORTUNITY AROSE THAT RESULTED IN CONSTRUCTION AND/OR REHAB OF HOMES FOR OWNER OCCUPANCY. ELIGIBLE APPLICANTS ARE SURVIVORS OF THE 2019 MEMORIAL DAY TORNADOES WHO ARE AT OR BELOW 120% OF THE AREA MEDIAN INCOME (AMI) WITH PRIORITY TO THOSE AT 80% AMI. HOMEOWNERS ARE RECRUITED FROM THE CASE MANAGEMENT FILES OF MIAMI VALLEY LONG-TERM RECOVERY OPERATIONS GROUP TO THE PROGRAM. THESE POTENTIAL HOMEOWNERS DOCUMENT THEIR LOSS OF RENTAL HOUSING IN THE AFTERMATH OF THE 2019 MEMORIAL DAY TORNADOES. COUNTY CORP MARKETS THESE HOMES TO THESE SURVIVORS. IF, AFTER ATTEMPTING TO MARKET THESE HOMES TO THESE SURVIVORS FROM INCEPTION AND UP TO 60 DAYS AFTER OBTAINING AN OCCUPANCY PERMIT, COUNTY CORP WILL MARKET THE HOMES TO ANY INCOME ELIGIBLE HOUSEHOLD AND/OR PURCHASER. THE HOMES ARE LOCATED WITHIN THE TORNADO IMPACTED JURISDICTIONS OF THE CITIES OF DAYTON AND TROTWOOD AND WITHIN HARRISON TOWNSHIP. THE ORGANIZATION PURCHASED OR RECEIVED DONATED LOTS FOR THIS PROGRAM AND STARTED CONSTRUCTION OR REHAB ON 16 UNITS. MANAGED AND MAINTAINED PREVIOUSLY PURCHASED BASE. COUNTY CORP ALSO ESTABLISHED DAYTON CENTURY HOMES LLC AS A SINGLE PURPOSE ENTITY TO ACQUIRE 100 SINGLE FAMILY HOMES AND TWO UNIMPROVED LOTS. THESE HOMES WERE DEVELOPED BY THE ORIGINAL OWNER IN A LEASE TO PURCHASE STRUCTURE PROVIDING HOMEOWNERSHIP OPPORTUNITIES FOR THE RESIDENTS. THOSE RESIDENTS THAT DO NOT PURSUE HOMEOWNERSHIP WILL REMAIN AS TENANTS.
Expenses $3,136,113 · Grants $7,400 · Revenue $863,556
-
HOME IMPROVEMENT GRANT PROGRAMS:COUNTY CORP ADMINISTERS A VARIETY OF HOME IMPROVEMENT GRANT PROGRAMS WITH THE INTENDED OUTCOMES THE RENOVATION OF PRIMARILY SINGLE FAMILY, OWNER-OCCUPIED HOMES THROUGHOUT MONTGOMERY COUNTY. THESE INCLUDE:A) COUNTY CORP ADMINISTERS AN EMERGENCY ASSISTANCE AND ACCESSIBILITY PROGRAM TO ASSIST HOUSEHOLDS EARNING AT OR BELOW 80% OF THE AREA MEDIAN INCOME ("AMI"). FOR EMERGENCY ASSISTANCE FOR REPAIRS OR ACCESSIBILITY IMPROVEMENTS, HOMEOWNERS CAN APPLY FOR A GRANT UP TO $7,500. HOUSEHOLDS MAY QUALIFY FOR REPAIRS THAT ARE EMERGENCY IN NATURE AND PROTECT THE INTEGRITY OF THE STRUCTURE OR ASSURE THE OCCUPANTS' HEALTH AND SAFETY. EXAMPLES OF EMERGENCY HOME REPAIRS INCLUDE REPAIR OR REPLACEMENT OF HEATING SYSTEMS, PLUMBING SYSTEMS, HOT WATER HEATERS, HAZARDOUS ELECTRICAL SYSTEMS, OR SEVERELY DETERIORATED ROOFS. WE ALSO PROVIDE GRANTS FOR MODIFICATIONS, SUCH AS RAMPS AND ROLL-IN SHOWERS TO IMPROVE ACCESS FOR RESIDENTS WITH DISABILITIES. THIS PROGRAM IS OPEN TO OWNER-OCCUPIED HOUSING AND RENTAL PROPERTIES SUBJECT TO OWNER APPROVAL.THIS PROGRAM IS AVAILABLE TO RESIDENTS WHO LIVE IN MONTGOMERY COUNTY BUT OUTSIDE CITIES OF KETTERING AND DAYTON. B) FUNDS PROVIDED BY THE OHIO DEPARTMENT OF DEVELOPMENT, FOR EMERGENCY REPAIRS AND ACCESSIBILITY MODIFICATIONS. THIS FUNDING PROVIDES OPPORTUNITIES TO RESIDENTS WHO LIVE WITHIN MONTGOMERY COUNTY. THE HOUSEHOLD INCOME CANNOT EXCEED 50% OF THE AREA MEDIAN INCOME. THE MAXIMUM AMOUNT OF ASSISTANCE IS $7,500 FOR EMERGENCY REPAIRS AND ACCESSIBILITY MODIFICATIONS. THE EMERGENCY REPAIRS ARE AVAILABLE TO OWNER-OCCUPANTS. ADDITIONAL CDBG FUNDING WAS ALSO PROVIDED BY MONTGOMERY COUNTY AND CITY OF DAYTON FOR THIS PROGRAM.C) CDBG AND GENERAL FUNDS PROVIDED BY THE CITY OF MIAMISBURG FOR THE OWNER OCCUPIED HOME REPAIR & IMPROVEMENT PROGRAM. THIS FUNDING WAS PROVIDED TO RESIDENTS IN THE CITY OF MIAMISBURG WITH HOUSEHOLD INCOME AT OR BELOW 80% OF THE AREA MEDIAN INCOME. THE MAXIMUM AMOUNT OF ASSISTANCE IS $10,000. THE LOANS WERE ONLY PROVIDED THROUGH 2018-20 FUNDING ROUNDS. THE TYPES OF HOME REPAIRS AND IMPROVEMENTS FUNDED WITH THIS PROGRAM INCLUDE WEATHERIZATION, ROOF, HVAC, WATER HEATER, GUTTER & DOWNSPOUTS, FENCING, DRIVEWAY, NEW PORCH, AND SELECTIVE DEMOLITION. D) THE FEDERAL HOME LOAN BANK OF CINCINNATI HAS APPROVED COUNTY CORP AS A SPONSOR FOR THEIR DISASTER RECOVERY PROGRAM. HOMEOWNERS UNINSURED OR UNDERINSURED DIRECTLY IMPACTED BY THE MEMORIAL DAY TORNADOES OF 2019 CAN APPLY FOR UP TO $20,000 EACH IN FUNDING FOR REPAIRS TO THEIR HOMES. COUNTY CORP MANAGES THE CONSTRUCTION.E) CDBG FUNDS PROVIDED BY THE CITY OF DAYTON FOR THE CARILLON HOME IMPROVEMENT PROGRAM. THE PROGRAM INCLUDES EXTERIOR HOME REPAIRS AND EXTERIOR ACCESSIBILITY MODIFICATIONS FOR HOUSEHOLDS AT OR BELOW 80% OF THE MEDIAN INCOME. THE REPAIRS HAD TO ADDRESS OUTSTANDING CITY OF DAYTON CODE ENFORCEMENT VIOLATIONS, IF APPLICABLE, BEFORE ADDITIONAL REPAIRS WERE MADE. THE PROJECT WAS IN SUPPORT OF THE CARILLON-EDGEMONT NEIGHBORHOOD PLAN IN WHICH HOUSING STABILIZATION AND HOMEOWNER SUPPORT WAS A STATED GOAL.F) FUNDING FROM ALOFT DAYTON TO PROVIDE FORGIVABLE HOME IMPROVEMENT LOANS TO RESIDENTS IN THE NW DAYTON TARGET AREAS. THE GOAL OF THE HOME IMPROVEMENT LOAN PROGRAM IS TO PRESERVE HOMEOWNERSHIP IN NORTHWEST DAYTON BY PROVIDING CAPITAL FOR HOME REPAIRS TO PRESERVE THE INTEGRITY OF A HOME OR REPAIR A SAFETY/HEALTH HAZARD. WITH THIS PROGRAM, HOMEOWNERS ARE ABLE TO ACCESS A MAXIMUM OF $10,000 IN FUNDING FOR IMPROVEMENTS, INCLUDING BUT NOT LIMITED TO ROOFS, WINDOWS, DOORS, NEW HVAC SYSTEMS, INTERIOR MODIFICATIONS FOR AGING/HANDICAPPED RESIDENTS, AND OTHER REPAIRS OF THEIR CHOICE. EACH LOAN REQUIRES A DEED RESTRICTION TO BE SIGNED AND RECORDED. TWENTY PERCENT (20%) OF THE LOAN AMOUNT IS FORGIVEN ANNUALLY OVER FIVE YEARS. FINANCED OR FACILITATED 165 LOANS AND/OR GRANTS USED TO REHABILITATE RESIDENTIAL PROPERTIES. THE ORGANIZATION ALSO SERVICED 235 LOANS.
Expenses $1,703,933 · Grants $1,205,435 · Revenue $5,681
-
YOUTHBUILD/AMERICORPS PROGRAM:IN FEBRUARY 2019, COUNTY CORP WAS AWARDED A DEPARTMENT OF LABOR YOUTHBUILD GRANT IN THE AMOUNT OF $1,100,000 WHICH PROVIDED FUNDING FOR 40 MONTHS TO PREPARE OPPORTUNITY YOUTH FOR THE WORKFORCE OR HIGHER EDUCATION AND FOLLOW-UP AND MONITORING OF THEIR PROGRESS. YOUTHBUILD IS AN EDUCATIONAL AND TRAINING PROGRAM THAT WORKS WITH AT-RISK AND EX-OFFENDING YOUNG ADULTS BETWEEN THE AGES OF 17-24 IN HELPING THEM IMPROVE THEIR LITERACY AND NUMERACY BY ONE EDUCATIONAL FUNCTIONING LEVEL AND ACHIEVE THEIR GED OR HIGH SCHOOL DIPLOMA WHILE BEING TRAINED AND EARNING CERTIFICATIONS IN THE CONSTRUCTION OR HEALTHCARE FIELD. ALL STUDENTS IN THE PROGRAM ARE THEN AIDED IN JOB PLACEMENT OR MOVE ON TO POST-SECONDARY EDUCATION. THE YOUTHBUILD STUDENTS WILL LEARN JOB READINESS AND CONSTRUCTION OR HEALTHCARE SKILLS WHILE WORKING WITH TRADE PROFESSIONALS CONSTRUCTING A SINGLE FAMILY HOME OR VOLUNTEERING IN HOSPITALS OR NURSING HOMES IN THE AREA. COUNTY CORP CONTRACTED WITH ADMINISTRATORS AND TEACHERS FOR THE PROGRAM. IN 2021, COUNTY CORP WAS AWARDED A DEPARTMENT OF LABOR YOUTHBUILD GRANT IN THE AMOUNT OF $1,500,000 WHICH PROVIDED FUNDING FOR 40 MONTHS TO PREPARE OPPORTUNITY YOUTH FOR THE WORKFORCE OR HIGHER EDUCATION AND FOLLOW-UP AND MONITORING OF THEIR PROGRESS. YOUTHBUILD IS AN EDUCATIONAL AND TRAINING PROGRAM THAT WORKS WITH AT-RISK AND EX-OFFENDING YOUNG ADULTS BETWEEN THE AGES OF 16-24 IN HELPING THEM IMPROVE THEIR LITERACY AND NUMERACY BY ONE EDUCATIONAL FUNCTIONING LEVEL AND ACHIEVE THEIR HIGH SCHOOL DIPLOMA WHILE BEING TRAINED AND EARNING CERTIFICATIONS IN THE CONSTRUCTION, ADVANCED MANUFACTURING OR HEALTHCARE FIELD. ALL STUDENTS IN THE PROGRAM ARE THEN AIDED IN JOB PLACEMENT OR MOVE ON TO POST-SECONDARY EDUCATION. THE YOUTHBUILD STUDENTS WILL LEARN JOB READINESS AND CONSTRUCTION, ADVANCED MANUFACTURING OR HEALTHCARE SKILLS WHILE WORKING WITH TRADE PROFESSIONALS CONSTRUCTING A SINGLE FAMILY HOME OR VOLUNTEERING IN HOSPITALS OR NURSING HOMES OR MANUFACTURING COMPANIES IN THE AREA. COUNTY CORP CONTRACTED WITH ADMINISTRATORS AND TEACHERS FOR THE PROGRAM. COUNTY CORP WAS AWARDED AN AMERICORPS GRANT FOR THE 2019-2020 GRANT YEAR IN THE AMOUNT OF $36,750, AND FOR THE 2020-2021 GRANT YEAR IN THE AMOUNT OF $75,000 TO BE USED IN CONJUNCTION WITH THE DOL GRANT AWARDED IN 2019. COUNTY CORP WAS AWARDED AN AMERICORPS GRANT FOR THE 2021-2022 GRANT YEAR IN THE AMOUNT OF $86,500, AND FOR THE 2022-2023 GRANT YEAR IN THE AMOUNT OF $80,000 TO BE USED IN CONJUNCTION WITH THE DOL GRANT AWARDED IN 2021. YOUTHBUILD USA'S AMERICORPS PROGRAM WORKS TOGETHER WITH THE DEPARTMENT OF LABOR YOUTHBUILD PROGRAM TO HELP MEMBERS EARN THEIR HIGH SCHOOL DIPLOMA WHILE COMPLETING SERVICE HOURS IN THE CONSTRUCTION OR HEALTHCARE FIELDS. ONCE THE MEMBERS HAVE COMPLETED THEIR SERVICE HOURS, THEY EARN AN EDUCATION AWARD TO AID IN THEIR SECONDARY EDUCATION OR APPRENTICESHIP PROGRAMS THEY MAY PURSUE AFTER THEY COMPLETE THE PROGRAM. THE DOL YOUTHBUILD GRANT AND THE YOUTHBUILD USA AMERICORPS GRANTS ARE COMPLIMENTED WITH ADDITIONAL FUNDING FROM PARTNERS OF THE COMMUNITY VIA MATCH AND LEVERAGED FUNDS. THESE PROGRAMS HAVE ASSISTED 85 STUDENTS WITH THE 2018 GRANT AND 84 WITH THE 2020 GRANT. IN LATE 2023, COUNTY CORP RECEIVED ANOTHER $1,500,000 AWARD FROM THE DEPARTMENT OF LABOR TO CONTINUE THE YOUTHBUILD PROGRAM.
Expenses $997,771
-
THE ORGANIZATION PROVIDED FREE PRIVATE COUNSELING SESSIONS FOR FORECLOSURE INTERVENTION AND PREVENTION TO ELIGIBLE CLIENTS. THE ORGANIZATION COMPLETED 76 CASES.
Expenses $38,650
-
MEN'S GATEWAY SHELTER: THE ORGANIZATION DELEGATED THE MANAGEMENT OF THE MEN'S GATEWAY SHELTER PROJECT LOCATED AT 1921 SOUTH GETTYSBURG ROAD IN DAYTON TO A THIRD PARTY. THE FACILITY PROVIDED HOMELESS MEN 24 HOUR SHELTER WITH 178 BEDS AND 60 EMERGENCY COTS. THE ORGANIZATION MANAGED A RESERVE ACCOUNT, FUNDED BY LOCAL GOVERNMENTS, FOR LIABILITY INSURANCE AND THE REPLACEMENT OF MAJOR SYSTEMS OF THE BUILDING. THE LEASEHOLD IMPROVEMENTS THIS YEAR WERE $55,527. DONATED FACILITIES OF $273,000.
Expenses $126,564 · Revenue $63,756
-
RESIDENTIAL HOME WEATHERIZATION PROGRAM: PROVIDED ASSISTANCE TO HOUSEHOLDS AT OR BELOW 80% OF THE AREA MEDIAN INCOME. ADDRESSED ISSUES SUCH AS INSULATION, FURNACE REPAIR OR REPLACEMENT, HOT WATER HEATER REPAIR OR REPLACEMENT AND SUPPORTING OF THE ADDITIONAL EXPENSE OF UPGRADING MECHANICAL AND BUILDING COMPONENTS FROM STANDARD GRADE TO ENERGY-STAR RATED EQUIPMENT IN HOUSING UNITS WITH NATURAL GAS HEATING. DISBURSED 12 GRANTS IN CONJUNCTION WITH RESIDENTIAL REHABILITATION AND RENTAL AND HOME OWNERSHIP PROJECTS.
Expenses $19,480 · Grants $19,480
-
HOUSING TRUST & COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION PROGRAMS: PROVIDED FUNDING FOR LOW AND MODERATE INCOME HOUSING UNITS IN MONTGOMERY COUNTY. PROJECTS INCLUDED ACQUISITION, REHABILITATION, AND CONSTRUCTION OF HOUSING UNITS. FINANCED OR FACILITATED LOANS AND/OR GRANTS IMPACTING 2 HOUSING UNITS WHICH WAS USED TO REHABILITATE A RESIDENTIAL PROPERTY. THE ORGANIZATION ALSO SERVICED 93 LOANS.
Expenses $99,444 · Grants $23,900 · Revenue $162,280
-
MONTGOMERY COUNTY LAND REUTILIZATION CORPORATION AND THE HOMEOWNERSHIP CENTER OF GREATER DAYTON, INC.: THE ORGANIZATION CONTRACTED WITH THE MONTGOMERY COUNTY LAND REUTILIZATION CORP AND THE HOMEOWNERSHIP CENTER OF GREATER DAYTON, INC. TO ACCESS COUNTY CORP RESOURCES.
Expenses $118,116 · Revenue $118,341
-
PARTNERSHIP INVESTMENT: THE ORGANIZATION HOLDS A 60% INTEREST IN THE PARTNERSHIP HARSHMAN HOLDINGS, LLC WHICH WAS ESTABLISHED TO ACQUIRE A 19 ACRE PARCEL OF LAND IN MONTGOMERY COUNTY, OHIO. THE PROPERTY WAS ACQUIRED FROM AN UNRELATED PARTY IN A BARGAIN PURCHASE, IN CONJUNCTION WITH A SETTLEMENT BETWEEN THE SELLER AND THE ENVIRONMENTAL PROTECTION AGENCY. AS PART OF THE TRANSACTION, HARSHMAN HOLDINGS, LLC IS OBLIGATED TO MAINTAIN A CONSERVATION EASEMENT WITH RESPECT TO APPROXIMATELY 8.7 ACRES OF THE PARCEL. HARSHMAN HOLDINGS, LLC IS OTHERWISE ABLE TO DEVELOP THE REMAINING 10.3 ACRES. THE ORGANIZATION AND ITS PARTNER SOLD APPROXIMATELY 4 ACRES OF THE PARCEL FOR RETAIL USE DURING 2014, AND SOLD 6.3 ACRES FOR AN AFFORDABLE HOUSING PROJECT, WHILE MAINTAINING THE CONSERVATION EASEMENT ON THE REMAINING LAND. COUNTY CORP SERVES AS MANAGING MEMBER OR GENERAL PARTNER IN SEVERAL OTHER DEVELOPMENTS OF AFFORDABLE HOUSING. THE HOUSING DEVELOPMENTS INCLUDE NEW CONSTRUCTION AND PRESERVATION OF EXISTING AFFORDABLE UNITS. DEVELOPMENTS FUNDED PRIMARILY WITH LOW-INCOME HOUSING TAX CREDITS INVOLVE COUNTY CORP ESTABLISHING A SINGLE PURPOSE ENTITY FOR EACH DEVELOPMENT. COUNTY CORP OWNS BRANDT MEADOWS, INC. WHICH SERVES AS THE MANAGING MEMBER OF BRANDT MEADOWS ASSOCIATES, LLC, THE OWNER OF THE 55-UNIT NEW APARTMENT DEVELOPMENT. COUNTY CORP OWNS CAMBRIDGE-COUNTY CORP, INC. WHICH SERVES AS CO-GENERAL PARTNER IN DCG CAMBRIDGE HOUSE, L.P., THE OWNER OF CAMBRIDGE HOUSE APARTMENTS, THE PRESERVATION OF A 45-UNIT WORKFORCE HOUSING DEVELOPMENT. COUNTY CORP OWNS HEMPSTEAD-COUNTY CORP, INC., THE CO-GENERAL OF HEMPSTEAD LANDING L.P., THE OWNER OF A 40-UNIT WORKFORCE HOUSING DEVELOPMENT. COUNTY CORP OWNS WOLF CREEK HOMES, INC., THE MANAGING MEMBER OF WOLF CREEK HOMES, LLC, THE OWNER OF A 27-UNIT SCATTERED SITE SINGLE FAMILY DEVELOPMENT TO BE BUILT IN THE CITY OF DAYTON. COUNTY CORP OWNS DARBY-COUNTY CORP, INC., THE CO-GENERAL PARTNER OF DARBY RUN L.P., THE OWNER OF A 50-UNIT WORKFORCE HOUSING DEVELOPMENT. COUNTY CORP OWNS THE LOFTS AT KTC-COUNTY CORP, INC. TO SERVE AS MANAGING MEMBER IN THE LOFTS AT KETTERING TOWN CENTER, LLC, THE OWNER OF A 51-UNIT WORKFORCE HOUSING DEVELOPMENT. THE REVENUE REPRESENTS DEVELOPER FEES AND INTEREST INCOME ON LOANS AND THE EXPENSE REPRESENTS INTEREST RELATED TO THESE PROJECTS.
Revenue $509
-
THE NEIGHBORHOOD STABILIZATION PROGRAM: PURCHASED AND REHABILITATED FORECLOSED HOMES OR APARTMENT UNITS IN THE CITIES OF HUBER HEIGHTS, TROTWOOD, WEST CARROLLTON, AND RIVERSIDE. THE HOMES WERE REHABILITATED TO HIGH STANDARDS TO ENSURE LONG-TERM AFFORDABILITY AND ENERGY CONSERVATION FOR HOUSEHOLDS AT OR BELOW 120% OF THE AREA MEDIAN INCOME. APARTMENT UNITS ARE TO BE HELD AS AFFORDABLE LONG-TERM RENTALS.COUNTY CORP UTILIZED NSP 3 FUNDS IN HARRISON TOWNSHIP TO PURCHASE HOMES AND LOTS FOR A SECOND PHASE DEVELOPMENT CURRENTLY IN THE PLANNING PHASE. THIS ADDITIONAL DEVELOPMENT WILL LIKELY BE PRIMARILY FUNDED BY AN ALLOCATION OF AFFORDABLE HOUSING TAX CREDITS. THE REHABILITATION OF THE 20 UNIT COMPLEX CALLED NORTHCLIFF SQUARE IN THE CITY OF RIVERSIDE WAS COMPLETED IN 2013. THE APARTMENT UNITS ARE HELD AS AFFORDABLE LONG-TERM RENTALS.
Expenses $242,089 · Revenue $176,390
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Charles CrawfordCHARLES CRAWFORD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Lance DetrickLANCE DETRICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Mary EllingtonMARY ELLINGTON
TRUSTEE (OCT-MAR)
- Total calculated
- $0
- Hours/week
- 2
-
Stephan GaytkoSTEPHAN GAYTKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Jyl Hall SmithJYL HALL SMITH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Walt HibnerWALT HIBNER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Nathanael JohnsonNATHANAEL JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Tom KelleyTOM KELLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Karlos MarshallKARLOS MARSHALL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Laura MercerLAURA MERCER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Keith RihmKEITH RIHM
TRUSTEE (OCT-APR)
- Total calculated
- $0
- Hours/week
- 2
-
Anita SchmaltzANITA SCHMALTZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Latisha TaylorLATISHA TAYLOR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Judith ThompsonJUDITH THOMPSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Angela Watson GayANGELA WATSON GAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2
-
Thomas WhalenTHOMAS WHALEN
TRUSTEE (OCT-MAR)
- Total calculated
- $0
- Hours/week
- 2
-
Frank WinslowFRANK WINSLOW
TRUSTEE (OCT-APR)
- Total calculated
- $0
- Hours/week
- 2
-
John F Kuntz IIIJOHN F KUNTZ III
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Val BeerbowerVAL BEERBOWER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Cynthia Hatton TepeCYNTHIA HATTON TEPE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Dave VandercherDAVE VANDERCHER
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Bonnie ParishBONNIE PARISH
IMM. PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Stephen D NaasSTEPHEN D NAAS
ASST. SECRETARY/PRESIDENT
- Total calculated
- $162,519
- From this org
- $139,224
- From related orgs
- $0
- Other
- $23,295
- Hours/week
- 34 + 6 related
Schedule J breakdown matched by us
- Base
- $139,224
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $23,295
- Filer's total
- $162,519
-
Tracy L SchultzTRACY L SCHULTZ
ASSISTANT TREASURER
- Total calculated
- $125,355
- From this org
- $86,813
- From related orgs
- $0
- Other
- $38,542
- Hours/week
- 31 + 9 related
-
Elizabeth BruneELIZABETH BRUNE
ASSISTANT TREASURER (JUN-SEP)
- Total calculated
- $0
- Hours/week
- 36 + 4 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- COUNTY CORP HAS AN EXECUTIVE COMMITTEE THAT COMPLETES THE ANNUAL REVIEW OF STEPHEN NAAS AND APPROVES ANY RAISES THAT MAY BE AWARDED FROM THAT REVIEW.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
DOWN PAYMENT ASSITANCE GRANT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · AFFORDABLE HOUSING · OH
-
HOMEOWNERSHIP CENTER OF GREATER DAYTON INC
501(C)(3) · COUNSELING/EDUCATION SERVICES · OH
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
DAYTON CENTURY HOMES LLC
AFFORDABLE HOUSING · OH · income $854,198 · assets $2,445,541
-
CJM APARTMENTS
AFFORDABLE HOUSING · OH · income $52,809 · assets $1,677,764
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
BRANDT MEADOWS INC
C · AFFORDABLE HOUSING · OH · 100% owned · share of income -$230 · share of assets $862,779 · controlled entity
Directly controlled by COUNTY CORP
-
CAMBRIDGE-COUNTY CORP INC
C · AFFORDABLE HOUSING · OH · 100% owned · share of income -$401 · share of assets $299,476 · controlled entity
Directly controlled by COUNTY CORP
-
WOLF CREEK HOMES INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
-
HEMPSTEAD-COUNTY CORP INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
-
DARBY-COUNTY CORP INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
-
LOFTS AT KTC-COUNTY CORP INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
-
CJM APARTMENTS INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
-
CAMBRIDGE II-COUNTY CORP INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
-
AT MAIN INC
C · AFFORDABLE HOUSING · OH · 100% owned · controlled entity
Directly controlled by COUNTY CORP
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202412289349303951
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