Nonprofit · EIN 31-1349995
HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · COLUMBUS, OH 43228
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $795,318 | $769,450 | $25,868 | $2,792,356 | $1,764,863 | $1,027,493 |
| December 31, 2023 | 990 | $795,736 | $869,915 | -$74,179 | $2,838,689 | $1,837,064 | $1,001,625 |
| December 31, 2021 | 990 | $589,066 | $547,882 | $41,184 | $3,047,052 | $1,971,333 | $1,075,719 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $698,591
- of which government grants
- $380,125
- Program service revenue
- $40,325
- Investment income
- $0
- Net rental income
- $33,200
- Other revenue
- $56,402
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $114,606
- Other salaries and wages
- $323,059
- Salaries, compensation and benefits (total)
- $498,246
- Professional fundraising fees
- $0
- Accounting fees
- $93,186
- Occupancy
- $23,938
- Travel
- $5,424
- Depreciation
- $18,458
- Program services (functional)
- $483,637
- Management and general (functional)
- $272,970
- Fundraising (functional)
- $12,843
Balance sheet and other
- Total assets, start of year
- $2,838,689
- Total assets, end of year
- $2,792,356
- Total liabilities, end of year
- $1,764,863
- Net assets, end of year
- $1,027,493
- Land, buildings and equipment
- $463,435
- Net assets without donor restrictions
- $853,516
- Net assets with donor restrictions
- $173,977
- Gross receipts
- $795,318
- Employees
- 9
- Year formed
- 1992
- State of legal domicile
- OH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen Torsell | Executive Director Key employee | 40 | $114,606 | $9,601 |
| Daniel Ruggiero | Assistant Director Counseling Prog Key employee | 40 | $85,453 | $12,180 |
| Mark Diemer | Board Secretary Trustee or director | 4 | $0 | $0 |
| Heather Simpson | Board Member Trustee or director | 2 | $0 | $0 |
| Kawther Hersi Musa | Board Member Trustee or director | 2 | $0 | $0 |
| Christine Bennett-Martin | Board Member Trustee or director | 2 | $0 | $0 |
| Katelyn Jackson | Board Member Trustee or director | 2 | $0 | $0 |
| Steve Wasem | Board Member Trustee or director | 2 | $0 | $0 |
| Louisa Dallett | Board Member Trustee or director | 2 | $0 | $0 |
| Brian Carnahan | Board President Trustee or director, Officer | 4 | $0 | $0 |
| Gavin French | Board Member Trustee or director, Officer | 2 | $0 | $0 |
| Nikol Owens | Board Treasurer Trustee or director, Officer | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen Torsell | Executive Director Key employee | 40 | $107,261 | $2,348 |
| Melonie Buller | Financial Manager Key employee | 31 | $36,707 | $1,326 |
| Christine Bennett-Martin | Board Member Trustee or director | 2 | $0 | $0 |
| Kawther Hersi Musa | Board Member Trustee or director | 2 | $0 | $0 |
| Nancy Day-Achauer | Board Member Trustee or director | 2 | $0 | $0 |
| Steve Wasem | Board Member Trustee or director | 2 | $0 | $0 |
| Katelyn Jackson | Board Member Trustee or director | 2 | $0 | $0 |
| Mark Diemer | Board Member Trustee or director | 2 | $0 | $0 |
| Heather Simpson | Board Member Trustee or director | 2 | $0 | $0 |
| Brian Carnahan | Board President Trustee or director, Officer | 4 | $0 | $0 |
| Gavin French | Board Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Nikol Owens | Board Treasurer Trustee or director, Officer | 4 | $0 | $0 |
| Daniel Ruggiero | Assistant Director Counseling Key employee | 40 | $0 | $0 |
990 for the year ended December 31, 2021: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stephen Torsell | Executive Director Key employee | 40 | $104,977 | $6,119 |
| Melonie Buller | Financial Manager Key employee | 31 | $47,562 | $1,876 |
| Monique Madison | Board Member Trustee or director | 2 | $0 | $0 |
| Heather Kirk | Board Member Trustee or director | 2 | $0 | $0 |
| Christine Bennett-Martin | Board Member Trustee or director | 2 | $0 | $0 |
| Katelyn Jackson | Board Member Trustee or director | 2 | $0 | $0 |
| Nancy Day-Achauer | Board Member Trustee or director | 2 | $0 | $0 |
| Mark Diemer | Board Member Trustee or director | 2 | $0 | $0 |
| Joel Barden | Board Vice President Trustee or director, Officer | 2 | $0 | $0 |
| Brian Carnahan | Board President Trustee or director, Officer | 4 | $0 | $0 |
| Veronica Farris | Board Treasurer Trustee or director, Officer | 4 | $0 | $0 |
| Gavin French | Board Secretary Trustee or director, Officer | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3659 SOLDANO BLVD, COLUMBUS, OH 43228-1423
- In care of
- % STEPHEN TORSELL
- Signed the 990
- STEPHEN TORSELL, Executive Director
- Phone
- (614) 275-4663
- Website
- www.hoth-cdc.org
- Return prepared by
- HWA ALLIANCE OF CPA FIRMS INC
Mission
Strengthening neighborhoods by providing quality affordable housing, advocacy, education, and supportive services to individuals and families of primarily low/moderate incomes.
Program accomplishments
- Housing Counseling - HOTH prepares people to be successful homeowners and renters through its free HUD-approved housing and financial counseling programs. Participants set their own financial goals, track their progress, and develop smart money habits. As result, participants improve their financial capacity, households work to prevent foreclosure, and/or improve their rental situation. HOTH promotes fair housing by providing information about fair housing, fair lending, and/or accessibility rights. HOTH assists homebuyers with accessing downpayment assistance and renters with accessing rental assistance.Expenses $253,987
- Housing Development - Working primarily in the Hilltop neighborhood and Prairie Township, HOTH provides low- and moderate-income households the opportunity to purchase or to rent a home that is safe, decent, and affordable. HOTH uses two strategies to provide affordable homeownership: completing comprehensive rehabs of existing houses and building new infill houses on vacant lots. Houses generally include features that improve energy efficiency, sustainability, and accessibility. Construction costs are subsidized with grant funds to make the houses affordable to low- and moderate-income households.Expenses $120,069
- Property Management - HOTH independently owns and manages several units of affordable rental housing. HOTH has also partnered with other entities to build and own over 200 additional rental units in the Hilltop neighborhood; these are managed by HOTHs partners in the projects. All of these rental properties are rented to eligible low- or moderate-income households.Expenses $95,511
- Community Programs - HOTHs community programs seek to improve quality of life in the Hilltop. HOTH coordinates the Belvidere Healthy Living Garden. HOTH also supports other neighborhood groups with their activities by serving as a fiscal agent, sponsoring events, and having an information booth at community events.Expenses $14,070
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1349995
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $2,792,356
- Income (IRS master file)
- $795,318
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $795,318 | $769,450 | $2,792,356 | XML |
| 990 | December 2023 | $795,736 | $869,915 | $2,838,689 | XML |
| 990 | December 2022 | $995,563 | $995,478 | $2,741,406 | IRS |
| 990 | December 2021 | $589,066 | $547,882 | $3,047,052 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1349995).
Questions about HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION is 31-1349995.
- Is HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $114,606 (Stephen Torsell, Executive Director).
- How much revenue does HOMES ON THE HILL COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $795,318, expenses of $769,450 and total assets of $2,792,356 at year end.
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