Form 990 for tax year 2023
Filed by HORIZON COMMUNITY DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $302,556
- Total expenses
- $379,491
- Contributions and grants received
- $0
- Grants paid
- $5,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $302,556
- Total assets, end of year
- $2,534,561
- Total liabilities, end of year
- $392,129
- Net assets or fund balances, end of year
- $2,142,432
- Program services expenses (Part IX)
- $379,491
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $379,491
Program services were 100.0% 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.
-
6a · Gross rents
real property $302,380
-
6c · Rental income or loss
real property $302,380
-
6d · Net rental income or loss
total $302,380
-
11a · Other revenue: Misc
total $176 · related or exempt $176
-
11e · Other revenue, total
$176
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $5,000 · program services $5,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $30,094 · program services $30,094
-
11b · Fees: legal
total $4,766 · program services $4,766
-
11c · Fees: accounting
total $1,170 · program services $1,170
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $997 · program services $997
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $60,515 · program services $60,515
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $22,346 · program services $22,346
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $72,354 · program services $72,354
-
23 · Insurance
total $38,842 · program services $38,842
-
24a · Other expenses: Auto Exp
total $993 · program services $993
-
24b · Other expenses: Repairs and Mtn
total $129,505 · program services $129,505
-
24c · Other expenses: Finance Bank Fee
total $7,120 · program services $7,120
-
24d · Other expenses: Furnishing
total $5,789 · program services $5,789
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,858 · end of year $232,930
-
4 · Accounts receivable
beginning of year $4,824 · end of year $3,368
-
10a · Land, buildings and equipment: cost or other basis
$3,172,436
-
10b · Land, buildings and equipment: accumulated depreciation
$874,173
-
10c · Land, buildings and equipment, net
beginning of year $2,331,724 · end of year $2,298,263
-
17 · Accounts payable and accrued expenses
beginning of year $12,581 · end of year $35,438
-
23 · Secured mortgages and notes payable
beginning of year $126,400 · end of year $356,691
-
25 · Other liabilities
beginning of year $47,056
-
27 · Net assets without donor restrictions
beginning of year $1,603,607 · end of year $1,526,670
-
28 · Net assets with donor restrictions
beginning of year $615,762 · end of year $615,762
Mission and programs · 2023
Mission
Provide safe affordable housing for low income families.
-
Housing
Expenses $379,491
As filed on the 2023 return.
Listed in Part VII
-
Ernie Stoltzfus
Member
- Total calculated
- $0
-
Robert Williams
Member
- Total calculated
- $0
-
Lee Chase
Vice Chair
- Total calculated
- $0
-
Ken Rea
Member
- Total calculated
- $0
-
Phil Carriger
Treasurer
- Total calculated
- $0
-
Cindy Winn
Chair
- Total calculated
- $0
-
Shawn Porter
Member
- Total calculated
- $0
-
Steve Baldwin
Member
- Total calculated
- $0
-
Rose Neese
Member
- Total calculated
- $0
-
Virginia Robinson
Member
- Total calculated
- $0
-
Beverly Stevens
Member
- Total calculated
- $0
-
Bethany O'Leary
Member
- Total calculated
- $0
-
Ashlee Ebberts
Member
- Total calculated
- $0
-
Jeff Linville
Secretary
- Total calculated
- $0
-
Ron Von Essen
Member
- Total calculated
- $0
-
Micha Collie
Member
- Total calculated
- $0
-
Amy Baldwin
Member
- Total calculated
- $0
-
Todd Smith
Member
- Total calculated
- $0
-
Linda Broyles
Member
- Total calculated
- $0
-
Barry Drummond
Member
- Total calculated
- $0
-
Sherry Trent
CEO
- Total calculated
- $0
- Hours/week
- 40
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.
Schedule J
Answered yes
None.
Answered no
- 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
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433109349300118
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