Ucc Ix INC EIN 34-1814875

Ucc Ix INC

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Provides safe, affordable housing for low-income seniors and people with disabilities. For fiscal year 2024 it reported $629K in revenue, $568K in expenses, and $-2.0M in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Marion, OH
Website
www.unitedchurchhomes.org/communities/communities/barrington-square.326369
Filings
5 on file (2020–2024)
Revenue
$629KFY2024
Expenses
$568K
Net assets
$-2.0M
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-1814875 Public charity (501(c)(3)) Marion, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides safe, affordable housing for low-income seniors and people with disabilities.
Leadership
Dick Beck · Officer
Money in and out
$629K revenue, $568K expenses
Bottom line
28% program efficiency
Where the money goes · FY2024
Total revenue
$629K
Pt VIII · Ln 12
Total expenses
$568K
Pt IX · Ln 25
Net assets
$-2.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $61K
Where spending went · Part IX cols B–D
Program services $0.28 Management & general $0.72
Program efficiency
28%
of spending reaches programs▲ +34% vs prior filing year
Operating runway
0.2mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
+10%
revenue over expenses, this year▲ +267% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$629K
FY2024▲ +56%
Expenses
$568K
FY2024▲ +33%
Total assets
$1.2M
FY2024▲ +19%
Total liabilities
$3.1M
FY2024▲ +4%
Total revenue
$629K
Pt VIII · Ln 12
Total expenses
$568K
Pt IX · Ln 25
Net assets
$-2.0M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$61K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B28%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

1 program service account for $161K of program spending, described in the organization's own filed words · FY2024.
01

The Sole Purpose is to Provide Subsidized Apt Rental Housing To Approximately 51 Low-Income Elderly and/or Handicapped Persons Through the U.S. Department of HUD Sec. 202 Program.

$161Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CUcc Ix INC
EINHdr · item D34-1814875
Principal addressHdr · item CMarion, OH
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L210)
Ruling yearIRS BMFJan 1996

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officer
$0Pt VII · Sec A
Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Other revenue$233K · 37%
Program service revenue$201K · 32%
Contributions & grants$194K · 31%
Other revenue37%$233K
Program service revenue32%$201K
Contributions & grants31%$194K
Investment income$193
— government grantsLn 1e$194K
Total revenueLn 12$629K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.28 Management & general $0.72
Program services28%$161K
Management & general72%$407K
Total functional expensesLn 25$568K

Balance Sheet

Part X · end of year
CashLn 1$11K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$3.1M
Total net assetsLn 32$-2.0M
Months of cash on handcomputed0.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $11K · Operating expenses/yr $568K
0.2 months
Where the money goes
Program services
Program services $161K · Total expenses $568K
28%
Management & General
Management & general $407K · Total expenses $568K
72%
Fundraising
Fundraising $0 · Total expenses $568K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $194K · Total revenue $629K
31%
Government reliance
Government grants $194K · Total revenue $629K
31%
Earned-income share
Program service revenue $201K · Total revenue $629K
32%
Investment reliance
Investment income $193 · Total revenue $629K
+0.03%
Program self-sufficiency
Program service revenue $201K · Total expenses $568K
35%
Growth & trend
Revenue growth (YoY)
This year $629K · Prior year $402K
+56%
Revenue CAGR
FY2020 $377K · FY2024 $629K
+14%
Net-asset trend (YoY)
End of year $-2.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $629K · Expenses $568K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $-2.0M · Total assets $1.2M
-169%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dick Beck · Reported title Officer · Highest reported compensation $0 · Total expenses $568K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $123K · Total expenses $568K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 28%
Overhead ratio 72%
Fundraising cost ratio 0%
Revenue growth 56%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$629K revenue · viewing · ⤓ 990 PDF
FY2023$402K revenue · ⤓ 990 PDF
FY2022$403K revenue · ⤓ 990 PDF
FY2021$392K revenue · ⤓ 990 PDF
FY2020$377K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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