Buckeye Community Hope Foundation
- Assets
- $50.4m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 74
- Location
- Columbus, OH
- Founding
- 05/1992
- Data as of
- 06/2021
- EIN
- 31-1333992
Organization Overview
Buckeye Community Hope Foundation is located in Columbus, OH. The organization was established in 1992. 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. As of 06/2021, Buckeye Community Hope Foundation employed 74 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buckeye Community Hope Foundation 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 06/2021, Buckeye Community Hope Foundation generated $11.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $12.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Buckeye Community Hope Foundation has awarded 24 individual grants totaling $328,720. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ADMINISTER FEDERAL HOUSING PROGRAMS FOR LOW INCOME FAMILIES AND TO FOSTER HOUSING AND EDUCATION FOR LOW INCOME INDIVIDUALS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT, CONSTRUCTION AND FINANCING OF LOW INCOME HOUSING
LOW INCOME HOUSING RENTALS
SPONSORSHIP OF CHARTER SCHOOLS
SERVICES TO LOW INCOME TENANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven J Boone President | OfficerTrustee | 26.97 | $312,000 |
Margaret Young Director Of School Service | Officer | 40 | $297,500 |
Philip Lechner Chief Financial Officer | Officer | 40 | $275,000 |
Ian Maute Director Of Development | Officer | 40 | $209,864 |
Jennifer Schorr Associate Director Educati | Officer | 40 | $172,750 |
Scott Macke Architect | Officer | 40 | $160,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rkj Fabricators & Construction Llc Construction Subcontract | 6/29/21 | $1,706,253 |
Sowers Electric Construction Subcontract | 6/29/21 | $357,671 |
Westminster Real Estate Advisors Llc Construction Management | 6/29/21 | $276,923 |
Family Carpet Outlet Inc Construction Subcontract | 6/29/21 | $239,031 |
Performance Plumbing Llc Construction Subcontract | 6/29/21 | $414,382 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $613,147 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,956 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $696,103 |
| Total Program Service Revenue | $13,878,282 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,445,809 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,276,532 |
| 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. | $647,000 |
| Compensation of current officers, directors, key employees. | $388,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,572,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $653,884 |
| Payroll taxes | $269,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $73,602 |
| Fees for services: Accounting | $43,331 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $230,880 |
| Fees for services: Other | $33,024 |
| Advertising and promotion | $826 |
| Office expenses | $181,155 |
| Information technology | $957 |
| Royalties | $0 |
| Occupancy | $1,579,167 |
| Travel | $205,439 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,000 |
| Interest | $321,023 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $321,390 |
| Insurance | $24,638 |
| All other expenses | $164,447 |
| Total functional expenses | $12,098,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,658,407 |
| Savings and temporary cash investments | $1,408,470 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,318,038 |
| 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 | $332,662 |
| Net Land, buildings, and equipment | $6,910,573 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $29,801,371 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,429,521 |
| Accounts payable and accrued expenses | $1,052,379 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $108,337 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,747,295 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,908,011 |
| Net assets without donor restrictions | $30,521,510 |
| 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 | $50,429,521 |
Grants Awarded
Over the last fiscal year, Buckeye Community Hope Foundation has awarded $164,892 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF CENTRAL OHIO PURPOSE: SUMMER CAMP FOR DISADVANTAGED CHILDREN RESIDING IN THE ORGANIZATION'S RENTAL PROPERTIES. | $25,305 |
YMCA OF CENTRAL OHIO PURPOSE: SUMMER CAMP FOR DISADVANTAGED CHILDREN RESIDING IN THE ORGANIZATION'S RENTAL PROPERTIES. | $25,305 |
MARION FAMILY YMCA PURPOSE: SUMMER CAMP FOR DISADVANTAGED CHILDREN RESIDING IN THE ORGANIZATION'S RENTAL PROPERTIES. | $21,741 |
MARION FAMILY YMCA PURPOSE: SUMMER CAMP FOR DISADVANTAGED CHILDREN RESIDING IN THE ORGANIZATION'S RENTAL PROPERTIES. | $21,741 |
YMCA OF GREATER DAYTON PURPOSE: SUMMER CAMP FOR DISADVANTAGED CHILDREN RESIDING IN THE ORGANIZATION'S RENTAL PROPERTIES. | $13,000 |
YMCA OF GREATER DAYTON PURPOSE: SUMMER CAMP FOR DISADVANTAGED CHILDREN RESIDING IN THE ORGANIZATION'S RENTAL PROPERTIES. | $13,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Buckeye Community Hope Foundation has recieved totaling $49,857.
| Awarding Organization | Amount |
|---|---|
Ohio Capital Impact Corporation Columbus, OH PURPOSE: PROJECT SUPPORT, SUMMER CAMP | $49,857 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Buckeye Community Hope Foundation Columbus, OH | $50,429,521 | $11,276,532 |