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Nonprofiteer
← K M H HOMES INC

Form 990 for tax year 2022

Filed by K M H HOMES INC.

Totals

Total revenue
$823,476
Total expenses
$545,021
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$545,021
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$545,021

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • MARK SULLIVAN

    SECRETARY/DIRECTOR

    Total calculated
    $1,340,049
    From this org
    $0
    From related orgs
    $1,314,161
    Other
    $25,888
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $983,779 related
    Bonus
    $0 + $62,939 related
    Other
    $0 + $267,443 related
    Deferred
    $0 + $9,215 related
    Nontaxable benefits
    $0 + $16,673 related
    Filer's total
    $0 + $1,340,049 related

  • WALT LUDWIG

    PRESIDENT/DIRECTOR

    Total calculated
    $400,858
    From this org
    $0
    From related orgs
    $351,681
    Other
    $49,177
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $333,184 related
    Bonus
    $0
    Other
    $0 + $18,497 related
    Deferred
    $0 + $33,122 related
    Nontaxable benefits
    $0 + $16,055 related
    Filer's total
    $0 + $400,858 related

  • DAVID MACHOLZ

    DIRECTOR

    Total calculated
    $639,749
    From this org
    $0
    From related orgs
    $624,031
    Other
    $15,718
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $606,188 related
    Bonus
    $0
    Other
    $0 + $17,843 related
    Deferred
    $0 + -$5,919 related
    Nontaxable benefits
    $0 + $21,637 related
    Filer's total
    $0 + $639,749 related

  • RUSSELL EDWARDS

    DIRECTOR

    Total calculated
    $223,357
    From this org
    $0
    From related orgs
    $222,888
    Other
    $469
    Hours/week
    0 + 55 related

    Schedule J breakdown matched by us

    Base
    $0 + $202,179 related
    Bonus
    $0
    Other
    $0 + $20,709 related
    Deferred
    $0 + -$7,619 related
    Nontaxable benefits
    $0 + $8,088 related
    Filer's total
    $0 + $223,357 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 — 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
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or 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:
THE CHANGE IN PRESENT VALUE SHOWN FOR EACH PARTICIPANT REPRESENTS THE CHANGE IN THE ACTUARIAL VALUE OF THE ACCRUED BENEFIT, WHETHER OR NOT FUNDED, VESTED OR SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE. NOTE THAT THE CHANGE IN PRESENT VALUE IS PARTLY DUE TO CHANGES IN THE DISCOUNT RATE AND, FOR THOSE ACCRUING UNDER THE CASH BALANCE FORMULA, THE ASSUMPTIONS FOR FUTURE CASH BALANCE INTEREST CREDITING RATES AND FACTORS APPLICABLE TO ANNUITY CONVERSIONS.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202343189349306444

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

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