Homes On The Hill Community Development Corporation is located in Columbus, OH. The organization was established in 1992. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Homes On The Hill Community Development Corporation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes On The Hill Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Homes On The Hill Community Development Corporation generated $766.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $529.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHENING NEIGHBORHOODS BY PROVIDING QUALITY AFFORDABLE HOUSING, ADVOCACY, EDUCATION, AND SUPPORTIVE SERVICES TO INDIVIDUALS AND FAMILIES OF PRIMARILY LOW/MODERATE INCOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING & FINANCIAL CAPABILITIES COUNSELING: HOTH PREPARES PEOPLE TO BE SUCCESSFUL HOMEOWNERS AND RENTERS THROUGH ITS FREE HUD-APPROVED HOUSING AND FINANCIAL COUNSELING PROGRAMS. IN MARCH 2020, HOTH BEGAN TO PROVIDE THESE SERVICES BY TELEPHONE OR VIDEO CONFERENCING AS A RESULT OF THE CDC GUIDELINES RELATED TO THE COVID-19 PANDEMIC. DURING THE YEAR, HOTH PROVIDED FINANCIAL COUNSELING AND EDUCATION TO 395 CENTRAL OHIO HOUSEHOLDS. PARTICIPANTS SET THEIR OWN FINANCIAL GOALS, TRACKED THEIR PROGRESS, AND DEVELOPED SMART MONEY HABITS. AS RESULT: 289 HOUSEHOLDS DEVELOPED A SUSTAINABLE HOUSEHOLD BUDGET, 34 HOUSEHOLDS WORKED TO PREVENT FORECLOSURE; AND 11 HOUSEHOLDS WORKED TO IMPROVE THEIR RENTAL SITUATION. HOTH ALSO PROVIDED HOMEBUYER EDUCATION VIA THE TELEPHONE TO OHIO HOME BUYERS WHO HAD ACCESSED PROGRAMS OF THE OHIO HOUSING FINANCE AGENCY. HOTH ALSO ASSISTED HOUSEHOLDS APPLYING FOR FINANCIAL ASSISTANCE FROM IMPACT CAC. HOTH PROMOTED FAIR HOUSING TO 290 HOUSEHOLDS BY PROVIDING INFORMATION ABOUT FAIR HOUSING, FAIR LENDING, AND/OR ACCESSIBILITY RIGHTS. THE LANDLORD ENGAGEMENT ACTION NETWORK (LEAN) PROVIDES EDUCATION AND NETWORKING OPPORTUNITIES FOR LANDLORDS OWNING PROPERTIES IN THE HILLTOP NEIGHBORHOOD. THROUGH LEAN, HOTH WORKS TO IMPROVE THE QUALITY OF RENTAL HOUSING IN THE AREA.
HOUSING DEVELOPMENT: WORKING PRIMARILY IN THE HILLTOP NEIGHBORHOOD AND PRAIRIE TOWNSHIP, HOTH PROVIDES LOW AND MODERATE INCOME HOUSEHOLDS THE OPPORTUNITY TO PURCHASE OR TO RENT A HOME THAT IS SAFE, DECENT, AND AFFORDABLE. HOTH USES TWO STRATEGIES TO PROVIDE FOR AFFORDABLE HOMEOWNERSHIP: COMPLETING COMPREHENSIVE REHABS OF EXISTING HOUSES AND BUILDING NEW IN FILL HOUSES ON VACANT LOTS. DURING 2020, HOTH SOLD 3 REHABBED HOUSES AND 1 NEW BUILD HOUSE. IN PARTNERSHIP WITH OTHERS, HOTH ALSO COMPLETED CONSTRUCTION OF 6 SINGLE FAMILY HOMES FOR RENT ALL OF WHICH WERE FULLY LEASED IN OCTOBER 2020. AT DECEMBER 31, 2020, HOTH WAS COMPLETING CONSTRUCTION ON 3 HOUSES FOR SALE. HOUSES GENERALLY INCLUDE FEATURES THAT IMPROVE ENERGY EFFICIENCY, SUSTAINABILITY, AND ACCESSIBILITY. CONSTRUCTION COSTS ARE SUBSIDIZED TO MAKE THE HOUSES AFFORDABLE TO LOW AND MODERATE INCOME HOUSEHOLDS.
COMMUNITY PROGRAMS: HOTHS COMMUNITY PROGRAMS SEEK TO IMPROVE QUALITY OF LIFE IN THE HILLTOP. HOTH COORDINATES THE BELVIDERE HEALTHY LIVING GARDEN. IN 2020, HOTHS VISTA VOLUNTEER OBTAINED DONATED PLANTS AND ENGAGED WITH YOUNG ADULT VOLUNTEERS TO MAINTAIN THE GARDEN. HOTH SUPPORTS NEIGHBORHOOD GROUPS WITH THEIR ACTIVITIES SUCH AS THE HILLTOP BUSINESS ASSOCIATIONS BEAN DINNER, SOUTH CENTRAL NATIONAL NIGHT OUT, SUMMAR JAM WEST, AND THE WESTLAND AREA BUSINESS ASSOCIATIONS ANNUAL AUCTION EVENT; THESE WERE SUSPENDED IN 2020 BECAUSE OF THE COVID-19 PANDEMIC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Torsell Executive Director | Officer | 40 | $104,470 |
Melonie Buller Financial Manager | Officer | 35 | $50,407 |
Joel Barden Board Vice President | OfficerTrustee | 2 | $0 |
Jerolyn Barbee Board Treasurer | OfficerTrustee | 4 | $0 |
Gavin French Board Secretary | OfficerTrustee | 2 | $0 |
Brian Carnahan Board President | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Pomante Contractors Inc Construction | 12/30/20 | $281,898 |
Tuscan Group Ltd Construction | 12/30/20 | $259,998 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $68,725 |
All other contributions, gifts, grants, and similar amounts not included above | $457,852 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $526,577 |
Total Program Service Revenue | $214,153 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $33,403 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $766,892 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $154,877 |
Compensation of current officers, directors, key employees. | $47,717 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $163,737 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $53,659 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $31,808 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $21,257 |
Travel | $2,456 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $642 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $22,358 |
Insurance | $2,390 |
All other expenses | $50,312 |
Total functional expenses | $528,988 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $939,878 |
Savings and temporary cash investments | $100,497 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $92,631 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,000,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $675,613 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $183,396 |
Total assets | $2,992,015 |
Accounts payable and accrued expenses | $269,335 |
Grants payable | $0 |
Deferred revenue | $94,746 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,588,055 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $5,344 |
Total liabilities | $1,957,480 |
Net assets without donor restrictions | $975,440 |
Net assets with donor restrictions | $59,095 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,992,015 |
Over the last fiscal year, we have identified 6 grants that Homes On The Hill Community Development Corporation has recieved totaling $234,755.
Awarding Organization | Amount |
---|---|
$90,000 | |
Community Development Collaborative Of Greater Columbus Columbus, OH PURPOSE: COMMUNITY DEVELOP. | $75,000 |
United Way Of Central Ohio Inc Columbus, OH PURPOSE: PROGRAM OPERATING COSTS | $30,000 |
Ohio Community Development Finance Fund Columbus, OH PURPOSE: PREDEVELOPMENT | $30,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Organization Name | Assets | Revenue |
---|---|---|
Urban Affairs Coalition Philadelphia, PA | $25,704,306 | $97,554,481 |
Impact Community Action Columbus, OH | $17,964,278 | $51,062,093 |
Reinvestment Fund Inc Philadelphia, PA | $609,259,384 | $44,624,452 |
Akron Summit Community Action Agency Akron, OH | $9,053,133 | $31,825,266 |
Hocking-Athens Perry Community Action Glouster, OH | $22,374,760 | $30,742,269 |
Capital Area Community Services Inc Lansing, MI | $6,281,706 | $28,298,422 |
Indianapolis Foundation Inc Indianapolis, IN | $352,748,809 | $43,731,535 |
Blueprints Washington, PA | $9,542,152 | $23,150,876 |
Pennyrile Allied Community Services Inc Hopkinsville, KY | $9,618,726 | $22,758,893 |
Jumpstart Inc Cleveland, OH | $82,356,707 | $21,511,113 |
Lexington Center Corporation Lexington, KY | $378,439,328 | $16,156,810 |
Corporation For Ohio Appalachian Development Athens, OH | $7,078,759 | $21,339,241 |