Medina Creative Housing Inc
- Assets
- $7.7m
- Revenue
- $1.1m
- Investments
- $100.6k
- Employees
- 1
- Location
- Medina, OH
- Founding
- 10/1993
- Data as of
- 12/2021
- EIN
- 34-1712565
Organization Overview
Medina Creative Housing Inc is located in Medina, OH. The organization was established in 1993. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medina Creative Housing Inc 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 12/2021, Medina Creative Housing Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $850.3k during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
MEDINA CREATIVE HOUSINGS MISSION IS TO DEVELOP QUALITY HOUSING, SERVICES AND SUPPORT TO ENABLE INDIVIDUALS WITH DISABILITIES TO LIVE THEIR LIVES WITH DIGNITY AND OPPORTUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDINA CREATIVE HOUSING MCH HAS DEVELOPED NATIONALLY RECOGNIZED HOUSING AND SERVICES FOR HUNDREDS OF INDIVIDUALS WITH DISABILITIES. MCH CURRENTLY OWNS AND/OR MANAGES OVER 60 RESIDENTIAL PROPERTIES IN MEDINA AND SURROUNDING COMMUNITIES WHERE INDIVIDUALS WITH DISABILITIES LIVE IN A CONGREGATE SETTING. THEY ALSO PROVIDE AN ARRAY OF SERVICES INCLUDING LIFE SKILLS TRAINING, VOCATIONAL TRAINING, AND SUPPORTIVE EMPLOYMENT OPPORTUNITIES FOR STUDENTS AND ADULTS WITH DISABILITIES. MEDINA CREATIVE HOUSING CONTINUES TO BUILD ON ITS INNOVATIONS AND INITIATIVES BY CREATING HOUSING, SERVICES, AND EMPLOYMENT THAT HAVE BEEN TRADIONALLY CLOSED TO PERSONS WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne Depasquale-Hagerty CEO | Officer | 40 | $187,500 |
Diana Riley Secretary | OfficerTrustee | 1 | $0 |
Dave Palmer President | OfficerTrustee | 2 | $0 |
Brian Gelbach Trustee | Trustee | 2 | $0 |
Ed Stevens Trustee | Trustee | 1 | $0 |
Jack Holland Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $42,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $86,273 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,773 |
| Total Program Service Revenue | $556,168 |
| Investment income | $3,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $27,007 |
| Net Gain/Loss on Asset Sales | $197,705 |
| Net Income from Fundraising Events | $114,247 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,105,405 |
| 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. | $194,273 |
| Compensation of current officers, directors, key employees. | $34,969 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,951 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,799 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,700 |
| Fees for services: Accounting | $19,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $18,359 |
| Office expenses | $47,275 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,455 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,022 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $227,611 |
| Insurance | $52,062 |
| All other expenses | $12,704 |
| Total functional expenses | $850,288 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,256,593 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $35,840 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,337,223 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $100,636 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,730,292 |
| Accounts payable and accrued expenses | $79,163 |
| Grants payable | $0 |
| Deferred revenue | $17,363 |
| 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 | $2,428,752 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,525,278 |
| Net assets without donor restrictions | $5,205,014 |
| Net assets with donor restrictions | $0 |
| 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 | $7,730,292 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Medina Creative Housing Inc has recieved totaling $130,000.
| Awarding Organization | Amount |
|---|---|
Hillier Family Foundation Akron, OH PURPOSE: SOCIAL SERVICES | $130,000 |
Endowment Analysis
| Beg. Balance | $66,082 |
| Earnings | $34,554 |
| Ending Balance | $100,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gene B Glick Family Housing Foundation Inc Indianapolis, IN | $374,839,062 | $69,361,551 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Alliance For Housing Oakland County Continuum Of Care Pontiac, MI | $25,935,962 | $39,151,253 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
Cinnaire Corporation Cinnaire Lansing, MI | $74,619,323 | $21,850,720 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Bethany Housing Ministries Inc Muskegon, MI | $4,087,536 | $16,635,219 |
Habitat For Humanity International Inc Cincinnati, OH | $19,861,311 | $21,403,808 |