North Hill Apartments Inc is located in Springfield, OH. The organization was established in 1994. 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. North Hill Apartments 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, North Hill Apartments Inc generated $79.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $60.8k during the year ending 12/2021. While expenses have increased by 2.2% 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
PROVIDING AFFORDABLE RENTAL HOUSING TO LOW-INCOME HOUSEHOLDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISIONS OF AFFORDABLE RENTAL HOUSING TO LOW-INCOME HOUSEHOLDS. THE ORGANIZATION SUPERVISED COMPLIANCE AND OPERATIONS OF FOUR AFFORDABLE HOUSING TAX CREDIT PROJECTS AND ONE NON-TAX CREDIT PROJECT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James L Caplinger Executive Vice President | OfficerTrustee | 20 | $2,000 |
Kenneth M Stone President | OfficerTrustee | 5 | $0 |
Selena Singletary Trustee | Trustee | 2 | $0 |
Cynthia Atwater Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $44,000 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $44,000 |
Total Program Service Revenue | $35,695 |
Investment income | $7 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $79,878 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
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 | $2,000 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $31,879 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,273 |
Insurance | $3,836 |
All other expenses | $0 |
Total functional expenses | $60,765 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,418 |
Savings and temporary cash investments | -$35,780 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$70 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $2,044,241 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $10,813 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $331,607 |
Intangible assets | $0 |
Other assets | $5,000 |
Total assets | $2,386,229 |
Accounts payable and accrued expenses | $15,362 |
Grants payable | $1,730,000 |
Deferred revenue | $0 |
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 | $81,697 |
Unsecured mortgages and notes payable | $12,500 |
Other liabilities | $345,000 |
Total liabilities | $2,184,559 |
Net assets without donor restrictions | $201,670 |
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 | $2,386,229 |
Organization Name | Assets | Revenue |
---|---|---|
Affordable Housing Partners Inc Carmel, IN | $150,650,716 | $9,214,618 |
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |
Famicos Foundation Inc Cleveland, OH | $56,363,268 | $13,331,115 |
Mht Housing Inc Bingham Farms, MI | $103,750,395 | $19,352,676 |
Greater Berks Development Fund Reading, PA | $39,552,158 | $9,719,449 |
Habitat For Humanity International Inc Philadelphia, PA | $20,358,278 | $15,243,125 |
Excel Development Co Inc Cincinnati, OH | $14,214,242 | $8,847,104 |
Miami Valley Housing Opportunities Inc Dayton, OH | $17,399,456 | $7,922,561 |
Crf Affordable Housing Inc Plainfield, IN | $71,328,382 | $70,095,090 |
National Affordable Housing Trust Inc Columbus, OH | $12,512,765 | $8,943,724 |
Lgarpa Corp Turtle Creek, PA | $11,929,864 | $9,395,264 |
Saints Incorporated Wayne, MI | $4,505,745 | $8,843,014 |