2018-09-10T10:09:40-07:00 2017-12-31 390919055 Ritz Holman LLP 330 E Kilbourn Ste 550 Milwaukee WI 532023144 990 2017-01-01 391837474 ACTS COMMUNITY DEVELOPMENT CORPORATION ACTS 4149332215 2414 W Vliet Street MILWAUKEE WI 53205 Michael Zimmerman President 2018-09-10 true Renee Messing P01872384 4142711451 2017 2018-06-14 16:35:46Z Michael Zimmerman 2414 W Vliet Street Milwaukee WI 53205 2364102 false false X www.actshousing.org X 1995 WI ACTS Housing's mission is empowerment through homeownership. 14 13 22 112 0 1487340 1969273 714441 359627 312 -24502 62034 -17874 2264127 2286524 303209 362971 0 1014887 941885 0 164090 303002 353958 1621098 1658814 643029 627710 1730431 2356437 210493 208789 1519938 2147648 ACTS Housing's mission is empowerment through homeownership. false false 647153 317000 70783 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 2017, 35 families received these services. 431804 231526 Real Estate Brokerage - ACTS' home sales staff 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 2017, 123 families were assisted in purchasing homes, many of which were formerly vacant, distressed foreclosures. 230116 45971 61251 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 2017, 216 families were aided by our Homebuyer Counseling program. 1309073 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 false false false false false false false true false false false true 26 0 true 22 true false false false false false false true true false 0 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 Debra Powers 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 Director 1.00 1.00 X 0 0 0 John Linnen PAst President 1.00 1.00 X 0 0 0 Kevin Malaney Vice President 1.00 1.00 X 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 95483 0 2650 95483 2650 0 false false false 0 175368 21987 1771918 23218 1969273 Closing Revenue 900099 4361 4361 Construction Management 900099 1375 1375 Counseling Fees 522291 61251 61251 Real Estate Brokerage 531390 227165 227165 Staffing Revenue 561300 65475 65475 359627 698 698 0 0 7800 7800 7800 7800 25200 -25200 -25200 -25200 22460 175368 52378 -29918 -29918 0 0 Other Revenue 900099 4244 4244 4244 2286524 338671 -21420 245000 245000 117971 117971 0 0 99000 79593 7783 11624 0 696906 560298 54784 81824 0 80562 64853 4826 10883 65417 50164 7127 8126 0 0 23992 6296 17696 0 0 0 114586 55720 53565 5301 972 972 27993 10634 4640 12719 36839 22441 7860 6538 0 25149 18297 4090 2762 5367 1801 240 3326 0 23690 6286 5371 12033 0 0 5854 1897 3957 17254 11567 3387 2300 NON-CAPITAL Equip PURCHASES 44013 30961 8558 4494 OTHER EXPENSES 7385 7265 -5 125 Real Estate Fees 7172 7172 Closing Costs 6021 5956 65 7671 4901 1707 1063 1658814 1309073 185651 164090 836294 1517509 202994 141421 150000 115000 363753 261979 0 0 0 0 30736 30456 307091 23744 119043 283347 0 0 0 2411 1225 25200 5500 1730431 2356437 55365 120557 25000 104189 80897 25939 7335 210493 208789 X 875415 1008837 644523 1138811 1519938 2147648 1730431 2356437 627710 X false true X true false X 644125 755230 1245659 1487340 1969270 6101624 0 0 644125 755230 1245659 1487340 1969270 6101624 1508017 4593607 5064 1267 614 3258 8498 18701 0 1200 354 138 132 1506 3330 6123655 2710588 0.75010 0.68950 X false true X 283935 2846 281089 23156 20898 2258 283347 Community Projects Payable 3035 Earnest Money 4300 7335 X Part IV, Line 2b: Explanation of escrow account liability 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. 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, 2017, 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 197828 175368 22460 300 9885 12355 29838 197828 175368 22460 300 9885 12355 29838 52378 -29918 true ACTS Lending Inc 2414 W Vliet Street Milwaukee WI 53205 462986750 245000 0 FMV Housing Lending 1 0 State of WI HCRI Grants 18 42971 FMV City of Milwaukee - City Challenge 5 25000 FMV Associated Bank 15 50000 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 12525 Consulting false Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Hilaria Rios, an employee of the Organization, represented husband in purchasing a property that was marketed by a third party. The sale price was $38,000 and the commission was $1,000, of which $800 went to the employee.Francisco Rios and Hilaria Rios are both employees of the Organization and married to each other. Hilaria Rios was a key employee during 2017.Brian Malaney is a financial consultant to the Organization and a brother to Kevin Malaney, a board member. Total fees paid were $12,525. Form 990, Part VI, Line 11b: Form 990 Review Process The Board was provided a copy of the 990 prior to filing 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 false false true false false false false false false false false false true false false true false true true false ACTS LENDING INC b 44000 FMV ACTS LENDING INC l 201000 FMV ACTS LENDING INC o 65475 FMV ACTS LENDING INC q 3933 FMV ACTS LENDING INC r 60 FMV