2019-08-14T14:21:28-07:00 2018-12-31 390919055 Ritz Holman LLP 330 E Kilbourn Ste 550 Milwaukee WI 532023144 990 2018-01-01 391837474 ACTS COMMUNITY DEVELOPMENT CORPORATION ACTS 4149332215 2414 W Vliet Street MILWAUKEE WI 53205 Allison Steinhafel President 2019-08-14 true Renee Messing P01872384 4142711451 2018 2019-02-21 02:37:17Z Allison Steinhafel 2414 W Vliet Street MILWAUKEE WI 53205 4105143 false false X www.actshousing.org X 1995 WI ACTS Housing's mission is empowerment through homeownership. 14 13 15 123 4056 2815 1969273 3712157 359627 280683 -24502 7000 -17874 40090 2286524 4039930 362971 652740 0 941885 889722 0 203375 353958 408825 1658814 1951287 627710 2088643 2356437 4427084 208789 190793 2147648 4236291 ACTS Housing's mission is empowerment through homeownership. false false 734872 361000 106136 Home Rehab Counseling - ACTS home rehab counseling staff represents families and individuals during coordination and execution of rehab plans. As experienced rehab professionals, staff support families in planning all repairs needed for decent, safe, sanitary, and affordable occupancy. In 2018, 20 families received these services. 590137 291740 66045 Homebuyer Counseling - Homebuyer Counselors support each family through one-on-one confidential sessions by creating an individualized road map on personal finances and credit management success. In 2018, 381 families were aided by our Homebuyer Counseling program. 269623 212912 Real Estate Brokerage - ACTS' home sales team represents families and individuals in real estate sales transactions. As licensed Realtors, they coordinate all aspects of the executed sales contract in order to close. In 2018, 131 families were assisted in purchasing homes, many of which were formerly vacant, vandalized foreclosures with the combined strength of the real estate sales and homebuyer counseling teams. 1594632 true true false false false false false false true false true false false false true true false true false false false false false false true false false true true false false false false false false false false false false true false true false false false false true true false false false true 26 0 true 15 true true true false false false false true true false 0 false false false false false false false false false false false false X 14 13 true false false false false false false true true false false true true true true false true true true false WI X X Michael Gosman 4149332215 2414 W Vliet St MILWAUKEE WI 53205 Autumn Latimore Director 1.00 1.00 X 0 0 0 Joe Schildt Director 1.00 1.00 X 0 0 0 Allison Steinhafel Vice President 1.00 1.00 X X 0 0 0 John Linnen PAst President 1.00 1.00 X 0 0 0 Kevin Malaney Director 1.00 1.00 X 0 0 0 Michael Zimmerman President 1.00 1.00 X X 0 0 0 Kurt Kellogg Director 1.00 1.00 X 0 0 0 Christopher Schreiber Director 1.00 1.00 X 0 0 0 Pam Evason Director 1.00 1.00 X 0 0 0 Stephen J Rothe Treasurer 1.00 1.00 X X 0 0 0 Kristen Gagliano Director 1.00 1.00 X 0 0 0 Josh Yamat Director 1.00 1.00 X 0 0 0 Anthony McHenry Director 1.00 1.00 X 0 0 0 William Tisdale Director 1.00 1.00 X 0 0 0 Michael Gosman Executive Dir. 30.00 10.00 X 110308 0 1200 110308 1200 1 false false false 0 156150 321930 3234077 72261 3712157 Closing Revenue 900099 21408 21408 Counseling Fees 522291 59395 59395 Real Estate Brokerage 531390 105092 105092 Staffing Revenue 561300 94788 94788 280683 7000 7000 0 0 3200 3200 3200 3200 0 58981 156150 65213 -6232 -6232 0 0 Other Revenue 900099 43122 43122 Taxable Fringe Benefits 900099 -4056 4056 43122 4039930 319749 4056 3968 317500 317500 335240 335240 0 0 112044 90386 7329 14329 0 670150 540607 43842 85701 0 52973 43316 4070 5587 54555 41297 5181 8077 0 0 28186 9877 18309 0 0 0 56600 16843 15399 24358 15777 2571 431 12775 54370 34315 11473 8582 95476 64758 18843 11875 0 31127 16693 10865 3569 2645 810 409 1426 0 23020 9911 1816 11293 0 0 16311 9757 4603 1951 18226 11354 4581 2291 Closing Costs 36186 36182 4 staff development 6401 4356 1361 684 Real Estate Fees 5807 5807 MEMBERSHIP Dues 5635 995 3225 1415 13058 2057 1539 9462 1951287 1594632 153280 203375 1517509 1042970 141421 1208514 115000 316337 261979 1331164 0 0 0 0 30456 33627 465766 39355 283347 426411 0 0 0 1225 525 5500 67536 2356437 4427084 120557 60374 80897 125419 7335 5000 208789 190793 X 1008837 1946464 1138811 2289827 2147648 4236291 2356437 4427084 2088643 X false true X true false X 755230 1245659 1487340 1969270 3712157 9169656 0 0 755230 1245659 1487340 1969270 3712157 9169656 2247244 6922412 1267 614 3258 8498 10200 23837 0 354 138 132 1506 98047 100177 9293670 2457835 0.74490 0.75010 X false true X 440448 16841 423607 25318 22514 2804 426411 Earnest Money 5000 5000 X Part IV, Line 2b: Explanation of escrow account liability The Organization Holds earnest money and escrows related to home sales, home rehab, and home loans. On or about April 2013, the organization, in conjunction with outside counsel, reviewed its compliance with credit counseling and lending requirements, including both state and federal requirements. The organization currently has met all applicable requirements and has adopted best practices for its credit counseling and lending, including those requirements imposed by federal tax law (IRS section 501(q)). Part X : FIN48 Footnote The Organization is exempt from income tax under Section 501(c)(3) of the Internal Revenue Code and is classified as other than a private foundation. However, income from certain activities (primarily parking income) not directly related to the Organizations tax exempt purpose is subject to taxation as unrelated business income. As of December 31, 2018, total unrelated business tax income expense recorded for year ended was $833 and is recorded as a payable on the Consolidated Statement of Financial Position.Management has reviewed all tax positions recognized in previously filed tax returns and those expected to be taken in future tax returns. As of December 31, 2018, the Organization had no amounts related to unrecognized income tax benefits and no amounts related to accrued interest and penalties. The Organization does not anticipate any significant changes to unrecognized income tax benefits over the next year. X false Longest Table 215131 156150 58981 15569 26072 300 23272 215131 156150 58981 15569 26072 300 23272 65213 -6232 true ACTS Lending Inc 2414 W Vliet Street Milwaukee WI 53205 462986750 310000 0 FMV Housing Lending MKE Habitat for Humanity 3726 N Booth Street Milwaukee WI 53212 391496741 7500 0 FMV Housing Assistance 1 1 State of WI HCRI Grants 103 281240 FMV Associated Bank 18 54000 FMV Grantmaker's Description of How Grants are Used ACTS maintains records to substantiate all grant disbursements and eligibility requirements. Brian Malaney Brother of Director 12326 Consulting false X 2 66836 Last Selling Price X Donated Supplies 1 5425 FMV false false false Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Brian Malaney is a financial consultant for ACTS. His brother is a board member. Brian is NOT an officer, director, trustee, or key employee. Total fees paid were $12,326. Form 990, Part VI, Line 11b: Form 990 Review Process The entire board is provided the 990 (excluding Schedule B) for review prior to filing, the executive committee reviews the full 990 (including schedule B) and discusses any necessary items with the full board Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Board members are required to disclose potential conflicts of interest. Other members of the board or committee determine if a conflict exists. When this occurs the board member with a conflict of interest is asked to leave during the discussion and vote. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation is set by the board (and executive director for other staff positions) after review of the Nonprofit Center of Milwaukee's study on compensation performed in 2015. During subsequent years the board and executive have reviewed compensation of staff annually as a part of the overall budget approval process. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation is set by the board (and executive director for other staff positions) after review of the Nonprofit Center of Milwaukee's study on compensation performed in 2015. During subsequent years the board and executive have reviewed compensation of staff annually as a part of the overall budget approval process. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Upon Request ACTS LENDING INC 2414 W VLIET STREET MILWAUKEE WI 53205 Lending WI 501(C)(3) 509 (a)(1) ACTS COMMUNITY DEVELOPMENT CORP true false true false false false false false false false false false true false false true false false false false ACTS LENDING INC b 60000 Cash Payment ACTS LENDING INC l 250000 Cash Payment ACTS LENDING INC o 94788 Cash Payment