Human Services Development Corporation FY2024 filing

Not tax-deductible

Granite City, ILMutual-benefit / member-servingEIN 37-1307160

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Human Services Development Corporation was organized for the purpose of holding title to property, collecting rent therefrom and turning over the entire amount, less expenses, to coordinated youth and Human Services, a related 501(c)(3) organization.

91¢ of each $1 spent went to programs.
$247K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $8K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$247K
to officers and key staff · 285% of spending
Concern: pay to officers and key staff is 285% of spending; over 30%.
Pt VII · Sec A
Cash reserves
104 mo
of spending, in cash
Looks good: 103.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$763K
54% of total assets
Fine: liabilities are 54% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$84K
-12% vs prior year
Spent
$87K
To programs
91%
Net assets
$645K
By yearFY2021–FY2025
Revenue
$84K
FY2024▼ -12%
Revenue by fiscal year
FY2021$66K
FY2022$66K
FY2023$95K
FY2024$84K
FY2025$105K
Expenses
$87K
FY2024▲ +25%
Expenses by fiscal year
FY2021$69K
FY2022$73K
FY2023$69K
FY2024$87K
FY2025$80K
Net assets
$645K
FY2024-0.4%
Net assets by fiscal year
FY2021$629K
FY2022$622K
FY2023$648K
FY2024$645K
FY2025$670K

From the FY2024 Form 990 (year ending June 2024) · see the original

You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Apr 1993.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $79K Management & general 9% · $8K

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

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Who runs it and what they're paid

15 people listed on the 990; $247K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Finance Dire
$132,598Pt VII · Sec A
Executive Di
$114,098Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Human Services Development Corporation executive salaries →

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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

Manages property and collects rent to fund youth and human services.

Provided by the organization

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1 program service account for $79K of program spending, described in the organization's own filed words · FY2023.
01

Organization maintained a building which was rented for use by coordinated youth and human services, a related 501(c)(3) organization.

$79Kprogram expense

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$84K
Ln 12
Fees for servicesLn 2g$74K
Investment incomeLn 3$10K
Money outPt IX
$87K
Ln 25
Programscol B$79K
Managementcol C$8K
Owns and owesPt X
$645K
net assets · Ln 32
Cash and savingsLn 1–2$748K
Total assetsLn 16$1.4M
LiabilitiesLn 26$763K
PeoplePt VI, VII
15
listed · VII A
PaidVII A2
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$74K
Investment incomeLn 3$10K
Total revenueLn 12$84K
Assets in detailPt X, end of year
CashLn 1$19K
SavingsLn 2$730K
Cash and savings togetherLn 1–2$748K
Land, buildings, equipmentLn 10c$653K
Total assetsLn 16$1.4M
LiabilitiesLn 26$763K
Net assetsLn 32$645K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$342K$748K
Land, buildings, equipmentLn 10c$700K$653K
Total assetsLn 16$1.0M$1.4M
LiabilitiesLn 26$399K$763K
Net assetsLn 32$648K$645K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Office expensesLn 13$11$11
Depreciation, depletion and amortizationLn 22$62K$62K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$17K$17K$14
Total functional expensesLn 25$87K$79K$8K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $105K$80K$25K$670K 990 PDF
FY2024 Viewing $84K$87K−$3K$645K 990 PDF
FY2023 $95K$69K$26K$648K 990 PDF
FY2022 $66K$73K−$7K$622K 990 PDF
FY2021 $66K$69K−$3K$629K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $83,763 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $74,100$74,100
VIII-3 Investment incomeExcluded from tax $9,663$9,663
VIII-12 Total revenueRelated to mission $74,100 · Excluded from tax $9,663$83,763
Part IX · Statement of functional expenses $86,635 across 4 lines filed
IX-13 Office expensesManagement $11$11
IX-22 Depreciation, depletion and amortizationPrograms $61,851$61,851
IX-23 InsuranceManagement $7,807$7,807
IX-24 Other expenses (24a–d)Programs $16,952 · Management $14$16,966
IX-25 Total functional expensesPrograms $78,803 · Management $7,832 · Fundraising $0$86,635
Part X · Balance sheet $1,408,167 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $341,892$18,529
X-2 Savings and temporary cash investments$729,683
X-9 Prepaid expenses and deferred chargesStart of year $5,383$7,275
X-10c Land, buildings and equipment, netStart of year $700,444$652,680
X-16 Total assetsStart of year $1,047,719$1,408,167
X-25 Other liabilitiesStart of year $399,431$762,751
X-26 Total liabilitiesStart of year $399,431$762,751
X-27 Net assets without donor restrictionsStart of year $648,288$645,416
X-32 Total net assets or fund balancesStart of year $648,288$645,416
X-33 Total liabilities and net assetsStart of year $1,047,719$1,408,167
Part XI · Reconciliation of net assets $645,416 net assets at year end
XI-1 Total revenue$83,763
XI-2 Total expenses$86,635
XI-3 Revenue less expenses−$2,872
XI-4 Net assets at start of year$648,288
XI-10 Net assets at end of year$645,416

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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