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Nonprofiteer
← MIAMI VALLEY HOUSING OPPORTUNITIES INC

Form 990 for tax year 2022

Filed by MIAMI VALLEY HOUSING OPPORTUNITIES INC.

Totals

Total revenue
$8,238,846
Total expenses
$9,174,937
Contributions and grants received
$6,347,753
Grants paid
$3,402,027
Program service revenue
$1,826,872
Investment income
$4,801
Other revenue
$59,420
Total assets, end of year
$17,662,184
Total liabilities, end of year
$5,766,238
Net assets or fund balances, end of year
$11,895,946
Program services expenses (Part IX)
$7,337,847
Management and general expenses
$1,823,529
Fundraising expenses
$13,561
Program service expenses (Part III)
$7,337,847

Program services were 80.0% 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.

  • 1e · Government grants (contributions)

    $4,615,840

  • 1f · All other contributions, gifts and grants

    $1,731,913

  • 1g · Noncash contributions included above

    $145,841

  • 2a · Program service revenue: RENTAL INCOME

    total $1,494,656 · related or exempt $1,494,656

  • 2b · Program service revenue: MANAGEMENT FEES

    total $155,236 · related or exempt $155,236

  • 2c · Program service revenue: RENTAL INCOME - EXEMPT

    total $102,053 · related or exempt $35,638 · unrelated business $66,415

  • 2d · Program service revenue: TENANT FEES & REIMBURS

    total $70,752 · related or exempt $70,752

  • 2e · Program service revenue: ADMINISTRATION FEES

    total $4,175 · related or exempt $4,175

  • 3 · Investment income

    total $4,801 · excluded $4,801

  • 11a · Other revenue: OTHER REVENUE

    total $59,420 · related or exempt $59,420

  • 11e · Other revenue, total

    $59,420

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $3,402,027 · program services $3,402,027

  • 5 · Compensation of officers, directors and key employees

    total $375,588 · program services $150,235 · management and general $225,353

  • 7 · Other salaries and wages

    total $1,646,342 · program services $1,284,446 · management and general $356,930 · fundraising $4,966

  • 9 · Other employee benefits

    total $559,392 · program services $410,167 · management and general $147,418 · fundraising $1,807

  • 11b · Fees: legal

    total $9,599 · program services $8,917 · management and general $682

  • 11c · Fees: accounting

    total $32,500 · management and general $32,500

  • 11g · Fees: other

    total $67,225 · program services $7,370 · management and general $59,855

  • 13 · Office expenses

    total $153,831 · program services $79,914 · management and general $67,129 · fundraising $6,788

  • 16 · Occupancy

    total $832,754 · program services $802,332 · management and general $30,422

  • 17 · Travel

    total $29,591 · program services $23,545 · management and general $6,046

  • 19 · Conferences, conventions and meetings

    total $25,685 · program services $1,878 · management and general $23,807

  • 20 · Interest

    total $41,956 · program services $9,867 · management and general $32,089

  • 22 · Depreciation, depletion and amortization

    total $329,887 · program services $319,623 · management and general $10,264

  • 23 · Insurance

    total $175,900 · program services $4,551 · management and general $171,349

  • 24a · Other expenses: MAINT SUPPLIES AND LABO

    total $658,546 · program services $585,491 · management and general $73,055

  • 24b · Other expenses: RENTAL ASSISTANCE

    total $531,712 · management and general $531,712

  • 24c · Other expenses: CONTRACT SERVICES

    total $132,974 · program services $132,974

  • 24d · Other expenses: CLIENT CARE SUPPLIES

    total $84,023 · program services $84,023

  • 24e · All other expenses

    total $85,405 · program services $30,487 · management and general $54,918

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,035,821 · end of year $537,938

  • 2 · Savings and temporary cash investments

    beginning of year $567,721 · end of year $567,765

  • 3 · Pledges and grants receivable

    beginning of year $2,469 · end of year $27,094

  • 4 · Accounts receivable

    beginning of year $2,297,573 · end of year $2,381,549

  • 7 · Other notes and loans receivable

    beginning of year $4,219,800 · end of year $4,219,800

  • 9 · Prepaid expenses and deferred charges

    beginning of year $71,801 · end of year $66,365

  • 10a · Land, buildings and equipment: cost or other basis

    $12,132,592

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,541,417

  • 10c · Land, buildings and equipment, net

    beginning of year $6,904,086 · end of year $6,591,175

  • 11 · Investments: publicly traded securities

    beginning of year $218,772 · end of year $235,064

  • 15 · Other assets

    beginning of year $3,036,287 · end of year $3,035,434

  • 17 · Accounts payable and accrued expenses

    beginning of year $156,065 · end of year $250,767

  • 19 · Deferred revenue

    beginning of year $5,000

  • 23 · Secured mortgages and notes payable

    beginning of year $5,132,061 · end of year $4,915,569

  • 25 · Other liabilities

    beginning of year $241,277 · end of year $599,902

  • 27 · Net assets without donor restrictions

    beginning of year $10,790,599 · end of year $9,993,477

  • 28 · Net assets with donor restrictions

    beginning of year $2,029,328 · end of year $1,902,469

Mission and programs · 2022

Mission

MVHO WORKS TO MEET THE HOUSING NEEDS OF VULNERABLE CITIZENS IN OUR COMMUNITY.

Activities or mission (Part I)

PROVIDE DECENT, SAFE, AFFORDABLE HOUSING TO PERSONS IN MONTGOMERY COUNTY, OH WHO HAVE A MENTAL DISABILITY OR ARE RECOVERING FROM CHEMICAL DEPENDENCY.

  • PROVIDE SEVERELY MENTALLY DISABLED RESIDENTS OF MONTGOMERY COUNTY, OHIO WITH AFFORDABLE HOUSING THROUGH 448 RENT-SUBSIDIZED SERVICE-SUPPORTED APARTMENTS FOR THE HOMELESS WITH DISABILITIES AND 472 SHELTER PLUS CARE VOUCHERS MANAGED BY THE ORGANIZATION IN COOPERATION WITH THE CITY OF DAYTON.

    Expenses $7,337,847 · Grants $3,402,027 · Revenue $1,819,877

As filed on the 2022 return.

Listed in Part VII

  • Jeremy Caffee

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Todd Cochran

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Diane Graham

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tracy Dufley

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Timothy Bement

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jonathan Champman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Jane McEwen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gretchen Brenner

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Norman Herring

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Robert Beeler

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Debbie Watts-Robinson

    CEO

    Total calculated
    $150,122
    From this org
    $141,690
    From related orgs
    $0
    Other
    $8,432
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,690 + $141,690 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,432 + $8,432 related
    Filer's total
    $150,122 + $150,122 related

  • Adriene S Phillips

    DIRECTOR OF FINANCE

    Total calculated
    $116,195
    From this org
    $113,580
    From related orgs
    $0
    Other
    $2,615
    Hours/week
    40

  • Willie Jones

    DIRECTOR OF MAINTENANCE

    Total calculated
    $109,272
    From this org
    $107,272
    From related orgs
    $0
    Other
    $2,000
    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. 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

None.

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

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.

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.

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.

  • THE OPPORTUNITY CENTER

    OPERATING AND MAINTAING THE BUILDING LOCATED AT 907 WEST FIFTH STREET · OH · income -$24,550 · assets $335,380

    Directly controlled by MIAMI VALLEY HOUSING OPPORTUNITIES INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • OHIO AVENUE COMMONS LLC

    LOW-INCOME HOUSING TAX CREDIT PROJECT · OH

  • RIVER COMMONS II LLC

    LOW-INCOME HOUSING TAX CREDIT PROJECT · OH

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • OHIO AVENUE COMMONS INC

    C · OWNS 0.01% INTEREST IN OHIO AVENUE COMMONS LLC · OH · 100% owned · share of income -$11 · share of assets $185,501

    Directly controlled by MIAMI VALLEY HOUSING OPPORTUNITIES INC

  • RIVER-HOMESTART INC

    C · OWNS 0.01% INTEREST IN RIVER COMMONS II LLC · OH · 100% owned · share of income -$349 · share of assets $875,430

    Directly controlled by MIAMI VALLEY HOUSING OPPORTUNITIES INC

Provenance

Return type
form_990
Tax year
2022
Filed
2 May 2024
IRS schema version
2022v5.0
Source object
202441249349302769

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