Skip to content
Nonprofiteer
← HCFN TITLE HOLDING CORPORATION

Form 990 for tax year 2023

Filed by HCFN TITLE HOLDING CORPORATION.

Totals

Total revenue
$21,528,330
Total expenses
$1,542,742
Contributions and grants received
$10,625,425
Grants paid
$428,589
Program service revenue
$776,985
Investment income
$1,722,939
Other revenue
$8,402,981
Total assets, end of year
$24,069,603
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$24,069,603
Program services expenses (Part IX)
$1,430,708
Management and general expenses
$82,896
Fundraising expenses
$29,138
Program service expenses (Part III)
$1,430,708

Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • S BRENT VARZALY

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • CARRIE MCATEE

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • DAN CRUMB

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • TOM REORDA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL SVETLIC

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • STEPHEN DAVIS

    PRESIDENT & CEO

    Total calculated
    $310,394
    From this org
    $0
    From related orgs
    $280,042
    Other
    $30,352
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $243,792 related
    Bonus
    $0 + $36,250 related
    Other
    $0
    Deferred
    $0 + $14,089 related
    Nontaxable benefits
    $0 + $16,263 related
    Filer's total
    $0 + $310,394 related
  • JOANNA SEBELIEN

    CHIEF RESOURCE OFFICER

    Total calculated
    $241,365
    From this org
    $0
    From related orgs
    $213,832
    Other
    $27,533
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $179,782 related
    Bonus
    $0 + $34,050 related
    Other
    $0
    Deferred
    $0 + $10,813 related
    Nontaxable benefits
    $0 + $16,720 related
    Filer's total
    $0 + $241,365 related
  • ROBIN POTTS

    CHIEF FINANCIAL OFFICER

    Total calculated
    $202,008
    From this org
    $0
    From related orgs
    $177,969
    Other
    $24,039
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $145,019 related
    Bonus
    $0 + $32,950 related
    Other
    $0
    Deferred
    $0 + $8,928 related
    Nontaxable benefits
    $0 + $15,111 related
    Filer's total
    $0 + $202,008 related
  • MONIC HOUPE

    CHIEF OPERATING OFFICER

    Total calculated
    $153,321
    From this org
    $0
    From related orgs
    $138,699
    Other
    $14,622
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $122,349 related
    Bonus
    $0 + $16,350 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $14,622 related
    Filer's total
    $0 + $153,321 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

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

The filer's explanations (Part III)

PART I, LINE 3
THE CEO IS PAID BY THE SUPPORTED ORGANIZATION, HARVESTERS - THE COMMUNITY FOOD NETWORK (SEE SCHEDULE R, PART II). HARVESTERS USES THE FOLLOWING METHODS TO ESTABLISH THE CEO'S COMPENSATION: -COMPENSATION COMMITTEE -INDEPENDENT COMPENSATION CONSULTANT -COMPENSATION SURVEY OR STUDY -APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202501349349306355

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.