HOMEOWNERSHIP CENTER OF GREATER DAYTON INC Charity Report

Public IRS 990 nonprofit record

HOMEOWNERSHIP CENTER OF GREATER DAYTON INC

EIN 36-4500925 · Financial Counseling (P51)

What they do

to ASSIST CONSUMERS to ACHIEVE THEIR HOMEONWERSHIP GOALS THROUGH A VARIETY of SERVICES INCLUDING PRE-PURCHASE EDUCATION and COACHING for POTENTIAL HOMEBUYERS; EDUCATION and GUIDANCE REGARDING MORTGAGE UNDERWRITING GUIDELINES, FINANCING, and REFINANCING; FINANCIAL LITERARY TRAINING; HOME MAINTENANCE CLASSES; ASSISTANCE to CURRENT and POTENTIAL HOMEOWNERS IN SECURING AVAILABLE RESOURCES to ACHIEVE THEIR HOMEOWNERSHIP GOALS; POST-PURCHASE COUNSELING, REVERSE MORTGAGE COUNSELING and MORTGAGE DELINQUENCY INTERVENTION; MARKETING and CONSUMER INFORMATION REGARDING HOUSING OPPORTUNITIES, LENDING PROGRAMS, and LOCAL RESOURCES; DOWNPAYMENT ASSISTANCE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

42.08%of revenue went to mission work87.1% of expenses · Program services

0.75%of revenue went to fundraising1.5% of expenses

$48.29spent for every $100 of revenueRevenue covered expenses this year.

5.46%of revenue went to management and office costs11.3% of expenses

90.3%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $38,542 for TRACY SCHULTZ (DIRECTOR/TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,093,589

Mission workProgram services$460,23042.08% of revenue87.1% of expenses

ManagementOffice and general costs$59,7345.46% of revenue11.3% of expenses

FundraisingAsking for donations$8,1740.75% of revenue1.5% of expenses

Revenue left after expensesReported annual surplus$565,45151.71% of revenueShown in gray on the chart

Total expenses$528,13848.29% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 87.1% mission · 11.3% management · 1.5% fundraisingTotal expenses: 48.29% of revenue

2021Expense mix: 89.5% mission · 9.8% management · 0.7% fundraisingTotal expenses: 63.20% of revenue

2020Expense mix: 82.9% mission · 16.6% management · 0.5% fundraisingTotal expenses: 107.56% of revenue

2019Expense mix: 89.1% mission · 10.9% management · 0.0% fundraisingTotal expenses: 99.08% of revenue

2018Expense mix: 67.2% mission · 32.6% management · 0.1% fundraisingTotal expenses: 126.92% of revenue

2017Expense mix: 57.2% mission · 42.8% management · 0.0% fundraisingTotal expenses: 211.72% of revenue

2016Expense mix: 77.7% mission · 19.4% management · 2.9% fundraisingTotal expenses: 237.10% of revenue

Money in and money out

Revenue$1,093,589

Expenses$528,138

Annual surplus $565,451 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$460,230 · 87.1% of expenses

Management and office costs$59,734 · 11.3% of expenses

Fundraising$8,174 · 1.5% of expenses

See all reported dollar amounts

Revenue$1,093,589

Expenses$528,138

Income$1,343,129

Contributions$987,989

Mission work (program services)$460,230

Fundraising$8,174

Grants given$400,000

Average grant$200,000

Management and general$59,734

Accounting fees$10,506

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TRACY SCHULTZDIRECTOR/TREASURER · 5 hrs/week $38,542Base · Other $38,542

STEPHEN NAASDIRECTOR/PRESIDENT · 1 hrs/week $23,295Base · Other $23,295

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

TRACY SCHULTZDIRECTOR/TREASURER

STEPHEN NAASDIRECTOR/PRESIDENT

ANGELA RAHMANDIRECTOR/CHAIR

CARLTON JACKSONDIRECTOR

FRANK PETRIEDIRECTOR

JOHN ZIMMERMANDIRECTOR

JULIE DEACONEXECUTIVE DIRECTOR

KAREN DEMASIDIRECTOR/VICE CHAIR

KEITH BORDERSDIRECTOR

KRISTINA LEWISDIRECTOR/SECRETARY

LIZ SONNANSTINEDIRECTOR

MARYA RUTHERFORD LONGDIRECTOR

SHANNON MEADOWSDIRECTOR

TAWANA JONESDIRECTOR

VERONICA BEDELL-NEVELSDIRECTOR

About this charity

Location: 130 W 2ND STREET 1420, DAYTON, OH 45402
County: Montgomery
In care of: STEPHEN NAAS
Primary officer: STEPHEN NAAS, PRESIDENT

How to reach them

WebsiteVisit the charity’s website EmailContactUs@hocgd.org Phone(937) 225-6328

Filing and classification

Latest tax year: 2022
Tax period began: October 1, 2022
Return type: 990
Tax preparer: CLARK SCHAEFER HACKETT & CO
NTEE classification: Financial Counseling (P51)
IRS tax category: Financial Counseling
Grant-giving organization: Yes