ACTS COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ACTS COMMUNITY DEVELOPMENT CORPORATION (EIN 39-1837474)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-08-04
IRS object ID
201622179349300537
Schema version
2015v2.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2016-08-04T10:44:27-07:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Ritz Holman LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1330 E Kilbourn Ste 550AddressLine1Txt
CityMilwaukeeCityNm
State AbbreviationWIStateAbbreviationCd
ZIP532023144ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN391837474EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACTS COMMUNITY DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlACTSBusinessNameControlTxt
Phone4149332215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12414 W Vliet StreetAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53205ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonStephen RothePersonNm
Person TitleTreasurerPersonTitleTxt
Signature2016-08-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonANDREW C HOLMANPreparerPersonNm
PTINP00014720PTIN
Phone4142711451PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJohn LinnenPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12414 W Vliet StreetAddressLine1Txt
CityMilwaukeeCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53205ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,918,883GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
All Affiliates IncludedfalseAllAffiliatesIncludedInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.actshousing.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionACTS Housing's mission is empowerment through homeownership.ActivityOrMissionDesc
Voting Members Governing Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Volunteers65TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$755,230PYContributionsGrantsAmt
CY Contributions Grants$1,245,659CYContributionsGrantsAmt
PY Program Service Revenue$629,128PYProgramServiceRevenueAmt
CY Program Service Revenue$660,677CYProgramServiceRevenueAmt
PY Investment Income$1,267PYInvestmentIncomeAmt
CY Investment Income$614CYInvestmentIncomeAmt
PY Other Revenue$354PYOtherRevenueAmt
CY Other Revenue$11,933CYOtherRevenueAmt
PY Total Revenue$1,385,979PYTotalRevenueAmt
CY Total Revenue$1,918,883CYTotalRevenueAmt
PY Grants And Similar Paid$575,523PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$313,795CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$862,847PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$865,875CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$74,945CYTotalFundraisingExpenseAmt
PY Other Expenses$188,777PYOtherExpensesAmt
CY Other Expenses$181,514CYOtherExpensesAmt
PY Total Expenses$1,627,147PYTotalExpensesAmt
CY Total Expenses$1,361,184CYTotalExpensesAmt
PY Revenues Less Expenses-$241,168PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$557,699CYRevenuesLessExpensesAmt
Total Assets BOY$810,666TotalAssetsBOYAmt
Total Assets EOY$1,189,922TotalAssetsEOYAmt
Total Liabilities BOY$491,456TotalLiabilitiesBOYAmt
Total Liabilities EOY$313,013TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$319,210NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$876,909NetAssetsOrFundBalancesEOYAmt
MissionACTS Housing's mission is empowerment through homeownership.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$464,167ExpenseAmt
DescReal Estate Brokerage - Assisted more than 120 families to purchase inner-city homes for owner-occupancy, many of which were formerly vacant, vandalized foreclosures. Families served, on average, earned 50% of the county median and spend less than 20% of their income on repayment of mortgage loans, taxes and insurance.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$328,758ExpenseAmt
DescRehab Counseling - Rehab counselor support 67 families to prepare for and expedite the rehab of vacant, vandalized, foreclosures, with a goal of helping families create decent, safe, sanitary, and code compliant homes.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$326,006ExpenseAmt
DescHomebuyer Counseling - HUD approved counselor prepares families for homeownership. Performed 280 credit reviews.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,118,931TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingYes (true)CreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document20IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee18EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Form990 T FiledfalseForm990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Form8282 Filed0Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Org Filed In Lieu Of Form1041falseOrgFiledInLieuOfForm1041Ind
Licensed More Than One StatefalseLicensedMoreThanOneStateInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonEileen LazichPersonNm
Phone4149332215PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12414 W Vliet StAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53205ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Autumn Latimore
Director1.000.00Yes (X)$0$0$0
John Worm
Treasurer1.000.00Yes (X)$0$0$0Yes (X)
Benjamin Y Engel
Director1.000.00Yes (X)$0$0$0Yes (X)
John Linnen
President1.000.00Yes (X)$0$0$0Yes (X)
Kevin Malaney
Director1.000.00Yes (X)$0$0$0
Michael Zimmerman
Director1.000.00Yes (X)$0$0$0
Kurt Kellog
Director1.000.00Yes (X)$0$0$0
Zongcheng Moua
Director1.000.00Yes (X)$0$0$0
Margaret Keehn
Director1.000.00Yes (X)$0$0$0
John Weitzer
Vice President1.000.00Yes (X)$0$0$0Yes (X)
Michael Gosman
Executive Dir.30.0010.00$71,241$0$5,409Yes (X)
Carl Quindel
ED to Jan 201540.000.00$33,951$0$250Yes (X)
Eileen Lazich
Accountant40.000.00$40,270$0$1,613Yes (X)
Hilaria Rios
Staff40.000.00$115,777$0$3,884Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$261,239TotalReportableCompFromOrgAmt
Total Other Compensation$11,156TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$192,833GovernmentGrantsAmt
All Other Contributions$1,052,826AllOtherContributionsAmt
Noncash Contributions$2,346NoncashContributionsAmt
Total Contributions$1,245,659TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Closing Revenue900099$67,908$67,908
Construction Management900099$152,107$152,107
Counseling Fees522291$103,053$103,053
Real Estate Brokerage531390$300,499$300,499
Staffing Revenue561300$35,160$35,160

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,950TotalRevenueColumnAmt
Related Or Exempt Func Income$1,950RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$660,677TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$614TotalRevenueColumnAmt
Exclusion$614ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Non-Ordinary Services900099$11,795$11,795
Other Revenue900099$138$138
FieldValueIRS element (for citing)
Other Revenue Total$11,933OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,918,883TotalRevenueColumnAmt
Related Or Exempt Func Income$672,610RelatedOrExemptFuncIncomeAmt
Exclusion$614ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$138,470TotalAmt
Program Services$138,470ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$175,325TotalAmt
Program Services$175,325ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$152,734TotalAmt
Program Services$134,709ProgramServicesAmt
Management And General$5,451ManagementAndGeneralAmt
Fundraising$12,574FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$596,301TotalAmt
Program Services$526,496ProgramServicesAmt
Management And General$19,183ManagementAndGeneralAmt
Fundraising$50,622FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$46,753TotalAmt
Program Services$40,350ProgramServicesAmt
Management And General$4,958ManagementAndGeneralAmt
Fundraising$1,445FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$70,087TotalAmt
Program Services$41,548ProgramServicesAmt
Management And General$25,132ManagementAndGeneralAmt
Fundraising$3,407FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,660TotalAmt
Program Services$6,079ProgramServicesAmt
Management And General$17,227ManagementAndGeneralAmt
Fundraising$354FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$27,061TotalAmt
Program Services$6,953ProgramServicesAmt
Management And General$19,703ManagementAndGeneralAmt
Fundraising$405FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,044TotalAmt
Program Services$185ProgramServicesAmt
Management And General$928ManagementAndGeneralAmt
Fundraising$931FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$21,221TotalAmt
Program Services$7,157ProgramServicesAmt
Management And General$12,402ManagementAndGeneralAmt
Fundraising$1,662FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$26,919TotalAmt
Program Services$14,763ProgramServicesAmt
Management And General$11,252ManagementAndGeneralAmt
Fundraising$904FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,000TotalAmt
Management And General$12,000ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,755TotalAmt
Program Services$1,108ProgramServicesAmt
Management And General$1,643ManagementAndGeneralAmt
Fundraising$4FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$11,307TotalAmt
Program Services$86ProgramServicesAmt
Management And General$9,497ManagementAndGeneralAmt
Fundraising$1,724FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,270TotalAmt
Management And General$9,270ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,894TotalAmt
Management And General$6,894ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Closing Costs$12,650$11,503$1,147
OTHER EXPENSES$7,085$4,278$2,583$224
NON-CAPITAL Equip PURCHASES$5,934$2,977$2,497$460
Real Estate Fees$5,305$4,469$836

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,409TotalAmt
Program Services$2,475ProgramServicesAmt
Management And General$4,705ManagementAndGeneralAmt
Fundraising$229FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,361,184TotalAmt
Program Services$1,118,931ProgramServicesAmt
Management And General$167,308ManagementAndGeneralAmt
Fundraising$74,945FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$354,882BOYAmt
EOY$675,200EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$225,972BOYAmt
EOY$251,824EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$100,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$194,294BOYAmt
EOY$137,145EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$19,696BOYAmt
EOY$11,768EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$41,816LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$33,142LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$15,822BOYAmt
EOY$8,674EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$5,311EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$810,666BOYAmt
EOY$1,189,922EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$97,823BOYAmt
EOY$70,390EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
EOY$15,000EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$228,704BOYAmt
EOY$122,130EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$42,674BOYAmt
EOY$36,483EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$122,255BOYAmt
EOY$69,010EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$491,456BOYAmt
EOY$313,013EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$229,906BOYAmt
EOY$610,320EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$89,304BOYAmt
EOY$266,589EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$319,210BOYAmt
EOY$876,909EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$810,666BOYAmt
EOY$1,189,922EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$557,699ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$377,061CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$538,347CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$644,125CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$755,230CurrentTaxYearMinus1YearAmt
Current Tax Year$1,245,659CurrentTaxYearAmt
Total$3,560,422TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$377,061CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$538,347CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$644,125CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$755,230CurrentTaxYearMinus1YearAmt
Current Tax Year$1,245,659CurrentTaxYearAmt
Total$3,560,422TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,125,545SubstantialContributorsTotAmt
Public Support Total170$2,434,877PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,549CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,423CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,064CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,267CurrentTaxYearMinus1YearAmt
Current Tax Year$614CurrentTaxYearAmt
Total$19,917TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$300CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$47,226CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$354CurrentTaxYearMinus1YearAmt
Current Tax Year$138CurrentTaxYearAmt
Total$49,218TotalAmt
FieldValueIRS element (for citing)
Total Support$3,629,557TotalSupportAmt
Gross Receipts Rltd Activities$2,279,372GrossReceiptsRltdActivitiesAmt
Public Support CY1700.67080PublicSupportCY170Pct
Public Support PY1700.63850PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee EtcfalseAgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (true)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,375OtherCostOrOtherBasisAmt
Depreciation$4,031DepreciationAmt
Book Value$1,344BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,441OtherCostOrOtherBasisAmt
Depreciation$29,111DepreciationAmt
Book Value$7,330BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,674TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Community Projects Payable$5,060
Earnest Money$63,950
FieldValueIRS element (for citing)
Total Liability$69,010TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part IV, Line 2b: Explanation of escrow account liabilityHolds 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)). In May 2013, the organization formed an affiliated section 501(c)(3) organization (ACTS Lending, Inc. with EIN 46-2986750) and transferred its lending activities to the affiliated organization.
Part X : FIN48 FootnoteThe 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, 2015, 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.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescPurpose Of GrantPurposeOfGrantTxt
ACTS Lending Inc
2414 W Vliet StreetMilwaukeeWI53205462986750$122,007$0FMVHousing Lending
Housing Resources Inc
7830 W Burleigh StreetMilwaukeeWI53222391706658$16,463$0FMVHousing Assistance
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtValuation Method UsedValuationMethodUsedDesc
State of WI HCRI Grants47$117,487FMV
City of Milwaukee - City Challenge6$30,000FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceGrantmaker's Description of How Grants are UsedFormAndLineReferenceDesc
ExplanationACTS maintains records to substantiate all grant disbursements and eligibility requirements.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, EtHilaria Rios, an ACTS employee, represented her husband Francisco Rios (another ACTS employee) in a property purchase.
Form 990, Part VI, Line 11b: Form 990 Review ProcessThe Board was provided a copy of the 990 prior to filing
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsBoard 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. (USE 2012 990 language)
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top ManagementCompensation 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 2007 and again in 2013 and 2015. During interim and subsequent years, the board and executive director 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 EmployeesCompensation 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 2007 and again in 2013 and 2015. During interim and subsequent years, the board and executive director 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 AvailableUpon Request

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ACTS LENDING INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12414 W VLIET STREETAddressLine1Txt
CityMILWAUKEECityNm
State AbbreviationWIStateAbbreviationCd
ZIP53205ZIPCd
FieldValueIRS element (for citing)
Primary ActivitiesLendingPrimaryActivitiesTxt
Legal Domicile StateWILegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status509 (a)(1)PublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ACTS COMMUNITY DEVELOPMENT CORPBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ACTS LENDING INC
b$122,007FMV
ACTS LENDING INC
o$35,160FMV

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