Innerwest Community Development Corporation FY2020 filing

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Stabilize neighborhoods in Innerwest dayton by developing low-moderate income eligible housing and partnering with other non-profits and local government to plan and execute economic Development projects.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $41K a year · 45% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
72 mo
of spending, in cash
Plus $249K in investments, Pt X · Ln 11–13
Looks good: 71.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$615K
70% of total assets
Worth a look: liabilities are 70% of assets; over 65%.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$185K
+120% vs prior year
Spent
$39K
To programs
97%
Net assets
$265K
By yearFY2019–FY2024
Revenue
$185K
FY2020▲ +120%
Tap a bar for its year
Revenue by fiscal year
FY2019$84K
FY2020$185K
FY2021$164K
FY2022$13K
FY2023$104K
FY2024−$5K
Expenses
$39K
FY2020▼ -94%
Tap a bar for its year
Expenses by fiscal year
FY2019$670K
FY2020$39K
FY2021$45K
FY2022$23K
FY2023$11K
FY2024$4K
Net assets
$265K
FY2020▲ +123%
Tap a bar for its year
Net assets by fiscal year
FY2019$119K
FY2020$265K
FY2021$384K
FY2022$375K
FY2023$375K
FY2024$334K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $38K Management & general 3% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
Board President
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Innerwest Community Development Corporation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Develops housing and partners on economic projects to stabilize neighborhoods.

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1 program · $38K · in their own filed words · FY2020
01

Roosevelt Homes

Single family rehabbed homes rented to income qualified TENANTS.CITY forest of dayton: single-family new construction rental homes for income qualified TENANTS.ALL-IN-ONE: commerical property with gas station, convenience store and other retail small businesses.

$38Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$185K
Ln 12
Investment incomeLn 3$108K
Fees for servicesLn 2g$77K
Money outPt IX
$39K
Ln 25
Programscol B$38K
Managementcol C$1K
Owns and owesPt X
$265K
net assets · Ln 32
Cash and savingsLn 1–2$236K
Total assetsLn 16$879K
LiabilitiesLn 26$615K
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$77K
Investment incomeLn 3$108K
Gains on assetsLn 7$108K
Total revenueLn 12$185K
Assets in detailPt X, end of year
CashLn 1$15K
SavingsLn 2$220K
Cash and savings togetherLn 1–2$236K
Accounts receivableLn 4$4K
Notes and loans receivableLn 7$391K
InvestmentsLn 11–13$249K
Other assetsLn 15$98
Total assetsLn 16$879K
LiabilitiesLn 26$615K
Net assetsLn 32$265K
OperationsPt I, VI
EmployeesI 50
VolunteersI 63
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$54K$236K
InvestmentsLn 11–13$339K$249K
Total assetsLn 16$744K$879K
LiabilitiesLn 26$625K$615K
Net assetsLn 32$119K$265K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$8K$8K
Accounting feesLn 11c$840$840
Office expensesLn 13$92$92
OccupancyLn 16$5K$5K
InterestLn 20$5K$5K
Other expenses (24a–d)Ln 24$21K$21K$200
Total functional expensesLn 25$39K$38K$1K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 17, 2025 −$5K$4K−$9K$334K 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $104K$11K$93K$375K 990 PDF
FY2022Filed with the IRS Nov 8, 2023 $13K$23K−$9K$375K 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $164K$45K$119K$384K 990 PDF
FY2020 ViewingFiled with the IRS Nov 10, 2021 $185K$39K$146K$265K 990 PDF
FY2019Filed with the IRS Mar 12, 2021 $84K$670K−$586K$119K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $185,172 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $500$0
I-9 Program service revenuePrior year $83,602$76,801
I-10 Investment incomePrior year $6$108,371
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $84,108$185,172
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $669,634$39,320
I-18 Total expensesPrior year $669,634$39,320
I-19 Revenue less expensesPrior year −$585,526$145,852
Part VI · Governance 2 of 2 board members independent, 3 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $185,172 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $76,801$76,801
VIII-3 Investment incomeExcluded from tax $27$27
VIII-7 Net gain or loss on sales of assetsRelated to mission $108,344$108,344
VIII-12 Total revenueRelated to mission $185,145 · Unrelated business $0 · Excluded from tax $27$185,172
Part IX · Statement of functional expenses $39,320 across 6 lines filed
IX-11b Legal feesPrograms $7,628$7,628
IX-11c Accounting feesManagement $840$840
IX-13 Office expensesPrograms $92$92
IX-16 OccupancyPrograms $4,950$4,950
IX-20 InterestPrograms $4,977$4,977
IX-24 Other expenses (24a–d)Programs $20,633 · Management $200$20,833
IX-25 Total functional expensesPrograms $38,280 · Management $1,040 · Fundraising $0$39,320
Part X · Balance sheet $879,173 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $30,243$15,445
X-2 Savings and temporary cash investmentsStart of year $23,375$220,247
X-4 Accounts receivableStart of year $1,520$3,998
X-7 Notes and loans receivableStart of year $350,000$390,869
X-13 Program-related investmentsStart of year $338,516$248,516
X-15 Other assets$98
X-16 Total assetsStart of year $743,654$879,173
X-19 Deferred revenueStart of year $526,121$526,121
X-23 Secured mortgages and notes payableStart of year $98,171$87,838
X-25 Other liabilitiesStart of year $600$600
X-26 Total liabilitiesStart of year $624,892$614,559
X-27 Net assets without donor restrictionsStart of year $118,762$264,614
X-32 Total net assets or fund balancesStart of year $118,762$264,614
X-33 Total liabilities and net assetsStart of year $743,654$879,173
Part XI · Reconciliation of net assets $264,614 net assets at year end
XI-1 Total revenue$185,172
XI-2 Total expenses$39,320
XI-3 Revenue less expenses$145,852
XI-4 Net assets at start of year$118,762
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$264,614

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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