Skip to content
Nonprofiteer
← INTERFAITH COMMUNITY HOUSING OF DELAWARE INC

Form 990 for tax year 2022

Filed by INTERFAITH COMMUNITY HOUSING OF DELAWARE INC.

Totals

Total revenue
$2,704,775
Total expenses
$1,831,605
Contributions and grants received
$2,080,872
Grants paid
$0
Program service revenue
$446,351
Investment income
-$248,308
Other revenue
$425,860
Total assets, end of year
$5,825,846
Total liabilities, end of year
$4,216,625
Net assets or fund balances, end of year
$1,609,221
Program services expenses (Part IX)
$1,369,825
Management and general expenses
$409,060
Fundraising expenses
$52,720
Program service expenses (Part III)
$1,369,825

Program services were 74.8% 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)

    $1,715,303

  • 1f · All other contributions, gifts and grants

    $365,569

  • 2a · Program service revenue: CHARGES FOR SERVICES

    total $318,226 · related or exempt $318,226

  • 2b · Program service revenue: DEVELOPER FEES

    total $128,125 · related or exempt $128,125

  • 3 · Investment income

    total $71,713 · excluded $71,713

  • 6a · Gross rents

    real property $368,029

  • 6b · Less rental expenses

    real property $3,167

  • 6c · Rental income or loss

    real property $364,862

  • 6d · Net rental income or loss

    total $364,862 · related or exempt $364,862

  • 7a · Gross sales of assets other than inventory

    other assets $838,900

  • 7b · Less cost or other basis and sales expenses

    other assets $1,158,921

  • 7c · Gain or loss

    other assets -$320,021

  • 7d · Net gain or loss

    total -$320,021 · related or exempt -$320,021

  • 11a · Other revenue: OTHER REVENUE

    total $60,998 · excluded $60,998

  • 11e · Other revenue, total

    $60,998

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $162,458 · program services $122,779 · management and general $34,805 · fundraising $4,874

  • 7 · Other salaries and wages

    total $755,347 · program services $565,862 · management and general $166,825 · fundraising $22,660

  • 8 · Pension plan contributions

    total $8,870 · program services $7,106 · management and general $1,498 · fundraising $266

  • 9 · Other employee benefits

    total $137,264 · program services $109,959 · management and general $23,187 · fundraising $4,118

  • 10 · Payroll taxes

    total $65,207 · program services $48,750 · management and general $14,501 · fundraising $1,956

  • 11b · Fees: legal

    total $16,274 · program services $13,117 · management and general $2,669 · fundraising $488

  • 11c · Fees: accounting

    total $37,769 · program services $30,441 · management and general $6,195 · fundraising $1,133

  • 11g · Fees: other

    total $4,046 · management and general $3,925 · fundraising $121

  • 12 · Advertising and promotion

    total $10,657 · program services $3,517 · management and general $7,140

  • 13 · Office expenses

    total $145,318 · program services $97,603 · management and general $43,356 · fundraising $4,359

  • 16 · Occupancy

    total $60,070 · program services $34,660 · management and general $23,608 · fundraising $1,802

  • 17 · Travel

    total $9,726 · program services $2,758 · management and general $6,676 · fundraising $292

  • 20 · Interest

    total $59,485 · program services $44,923 · management and general $12,777 · fundraising $1,785

  • 22 · Depreciation, depletion and amortization

    total $76,058 · program services $57,203 · management and general $16,573 · fundraising $2,282

  • 23 · Insurance

    total $27,867 · program services $23,284 · management and general $3,747 · fundraising $836

  • 24a · Other expenses: MAINTENANCE & REPAIRS

    total $155,053 · program services $127,440 · management and general $22,961 · fundraising $4,652

  • 24b · Other expenses: PROPERTY MANAGEMENT FEE

    total $26,277 · program services $26,277

  • 24c · Other expenses: STAFF TRAINING

    total $21,853 · program services $6,585 · management and general $14,612 · fundraising $656

  • 24d · Other expenses: CLIENT ASSISTANCE

    total $19,151 · program services $18,855 · management and general $296

  • 24e · All other expenses

    total $32,855 · program services $28,706 · management and general $3,709 · fundraising $440

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $192,187 · end of year $178,783

  • 2 · Savings and temporary cash investments

    beginning of year $568,224 · end of year $487,083

  • 4 · Accounts receivable

    beginning of year $552,104 · end of year $709,712

  • 7 · Other notes and loans receivable

    beginning of year $1,270,151 · end of year $1,339,478

  • 8 · Inventories for sale or use

    beginning of year $1,680,999 · end of year $1,323,459

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,368 · end of year $12,435

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

    $3,582,746

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

    $2,727,449

  • 10c · Land, buildings and equipment, net

    beginning of year $839,586 · end of year $855,297

  • 12 · Investments: other securities

    beginning of year $272,150 · end of year $495,931

  • 15 · Other assets

    beginning of year $428,340 · end of year $423,668

  • 17 · Accounts payable and accrued expenses

    beginning of year $404,009 · end of year $395,853

  • 19 · Deferred revenue

    beginning of year $5,241 · end of year $9,345

  • 23 · Secured mortgages and notes payable

    beginning of year $3,811,532 · end of year $3,018,004

  • 25 · Other liabilities

    beginning of year $194,291 · end of year $793,423

  • 27 · Net assets without donor restrictions

    beginning of year $771,587 · end of year $1,303,077

  • 28 · Net assets with donor restrictions

    beginning of year $644,449 · end of year $306,144

Mission and programs · 2022

Mission

INTERFAITH COMMUNITY HOUSING OF DELAWARE, INC. SERVES AS A CATALYST FOR REVITALIZING AND STRENGTHENING NEIGHBORHOODS BY PROVIDING SUSTAINABLE HOUSING AND HOMEOWNERSHIP SERVICES THAT SUPPORT LOW-AND MODERATE-INCOME HOUSEHOLDS.

Activities or mission (Part I)

TO STRENGTHEN DELAWARE COMMUNITIES AND SERVE LOW AND MODERATE INCOME HOUSEHOLDS BY DEVELOPING AND MAINTAINING SUSTAINABLE AFFORDABLE HOUSING AND PREPARING INDIVIDUALS AND FAMILIES FOR SUCCESSFUL HOMEOWNERSHIP.

  • HOMEBUYER & FINANCIAL EDUCATION AND COUSELING THROUGH OUR HOMEOWNERSHIP CENTER, INTERFAITH COMMUNITY HOUSING SERVED OVER 876 FAMILIES/HOUSEHOLDS IN OUR HOMEBUYER AND FINANCIAL EDUCATION AND COUNSELING, CREDIT, AND DEFAULT PREVENTION PROGRAMS STATE-WIDE. THESE INCLUDED 377 IN OUR EDUCATIONAL SEMINAR PROGRAM, GENERATING 204 SUCCESSFUL FIRST-TIME HOMEBUYERS. ANOTHER 91 HOUSEHOLDS PARTICIPATED IN OUR FORECLOSURE MITIGATION PROGRAM, WITH 35 HOMES SAVED TO DATE.

    Expenses $472,661 · Revenue $318,226

  • COMMUNITY BUILDING & ENGAGEMENT 36 MOBILE FOOD GIVEAWAYS {540 VOLUNTEERS} (3 PER MONTH/15 VOLUNTEERS EACH TIME)12 FIRST FRIDAY NIGHT ADULT BINGO EVENTS {60 VOLUNTEERS} (1 PER MONTH/ 5 VOLUNTEER/4 HOURS)52 PARTNERSHIP COMMUNITY GIVEAWAYS {15 VOLUNTEERS} (15 VOLUNTEERS/2 HOURS EVERY SUNDAY) 52 IN PERSON COMMUNITY MEETINGS- {156 VOLUNTEERS} (1 PER WEEK/ 3 VOLUNTEERS/2 HOURS) 2 COMMUNITY EVENTS ON 9TH BRIDGE OVER I-95 {20 VOLUNTEERS} (2 MOVIE NIGHTS 10 VOLUNTEERS/3 HOURS/ 175 PEOPLE)11 SCARED GROUNDS GARDENS TOTALING $16,500.00 11 GARDENS $1,500 TO EACH. 2 HOUSES OF WORSHIPS MINI GRANTS FOR LED LIGHTING TOTALING $18,000.00 NEIGHBORWORKS AMERICA CIM SURVEY WITH GAP GIRLS {15 VOLUNTEERS} (50 COMMUNITY SERVICE HOURS FOR GIRLS 9-13.) CHRISTIANACARE MOBILE HEALTH UNIT PARTNERSHIP {3 VOLUNTEERS} (6 EVENTS/ APPROXIMATELY 30 PEOPLE SERVED. )CHISTIANACARE MOBILE HEALTH UNIT PARTNERSHIP EXPANSION TO SACRED HEART VILLAGE. {5 VOLUNTEERS} (2 EVENTS/ 60 PEOPLE SERVED)URBAN FARMING AT CONSCIOUS CONNECTIONS/BLACK FARMER DELAWARE STATE TRAINING {24 VOLUNTEERS} 10TH OF FEB MEDICARE/ WILL & ESTATE PLANNING COMMUNITY EVENT

    Expenses $55,508

  • RESIDENTIAL REAL ESTATE DEVELOPMENT ICHDE CONSTRUCTED AND COMPLETED (3) NEW SINGLE-FAMILY HOMES (1) IN THE DUNLEITH COMMUNITY (2) IN THE HOLLOWAY TERRACE COMMUNITY LOCATED IN NEW CASTLE COUNTY. THESE UNITS WERE PART OF OUR RT. 9 HOUSING INITIATIVE USING NEW CASTLE COUNTY'S HOME PROGRAM, DSHA STRONG NEIGHBORHOODS PROGRAM AND OTHER FINANCING DURING THIS PERIOD. ICHDE IS CURRENTLY SEEKING FUNDS AND IS IN DISCUSSIONS WITH VANDERMARK ENGINEERING CONCERNING INFRASTRUCTURE PHASE ALONG WITH KENT COUNTY AND THE CITY OF MILFORD TO DEVELOP (36) NEWLY CONSTRUCTED SINGLE-FAMILY HOMES IN THE MILFORD AREA. ICHDE PURCHASED 9 PARCELS IN THE CITY OF TOWNSEND AND HAS HIRED LANDMARK TO SUBDIVIDE THE PROPERTIES TO DEVELOP 12-13 NEWLY CONSTRUCTED HOMES. INTERFAITH COMMUNITY HOUSING OF DELAWARE, INC. OWNS SEVEN (7) AFFORDABLE HOUSING PROPERTIES THAT ALLOW US TO PROVIDE AFFORDABLE HOUSING FOR 314 FAMILIES IN NEED OF AFFORDABLE LIVING. WE WERE AWARDED 2.7 MILLION DOLLARS IN ARPA FUNDING TO REVITALIZE OUR OVERLOOK COLONY RENTAL PROPERTY THAT PROVIDES HOUSING FOR HOUSEHOLDS WITH INCOME IN THE 50% AND 60% OF AMI. ICHDE BEGAN RENOVATIONS AT OVERLOOK COLONY WHICH CONSISTS OF 35 TOWNHOMES. WE HAVE COMPLETED ALL EXTERIOR RENOVATIONS AND THREE (3) UNITS OF INTERIOR RENOVATIONS.

    Expenses $358,298

  • WEST CENTER CITY IMPLEMENTATIONCOLONY WEST WORKREAL ESTATE MANAGEMENT

    Expenses $483,358 · Revenue $172,966

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Raymond Douglas Armstrong Esq

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • K Emmanuel Magruder

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Bishop Robert Lewis

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Joan Fitzgerald

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Maria Cabrera

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nicholas J Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rev Al Holden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alok Javeri

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Va'Shaun Turner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • William E Ward

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Darlene Sample

    EXECUTIVE DIRECTOR

    Total calculated
    $178,850
    From this org
    $151,200
    From related orgs
    $0
    Other
    $27,650
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $151,200
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $151,200

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.

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.

Related corporations and trusts

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

  • ARBOR PLACE III VENTURES LLC

    C · LOW INCOME HOUSING · DE · 100% owned

    Directly controlled by INTERFAITH COMMUNITY HOUSING OF DELAWARE

  • WEST CENTER ASSOCIATES LLC

    C · LOW INCOME HOUSING · DE · 100% owned

    Directly controlled by INTERFAITH COMMUNITY HOUSING OF DELAWARE

  • INTERFAITH HOUSING DEVELOPMENT CORPORATION

    C · LOW INCOME HOUSING · DE · 100% owned

    Directly controlled by INTERFAITH COMMUNITY HOUSING OF DELAWARE

  • BURFORD MANLOVE GARDENS INC

    C · LOW INCOME HOUSING · DE · 100% owned

    Directly controlled by INTERFAITH COMMUNITY HOUSING OF DELAWARE

  • INTEGRITY CONSTRUCTION INC

    C · CONSTRUCTION · DE · 100% owned

    Directly controlled by INTERFAITH COMMUNITY HOUSING OF DELAWARE

Provenance

Return type
form_990
Tax year
2022
Filed
7 May 2024
IRS schema version
2022v5.0
Source object
202401289349301930

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.