2015-11-16T13:17:36-06:00 2014-12-31 271235638 MOUNTJOY CHILTON MEDLEY LLP 702 NORTH SHORE DRIVE 500 JEFFERSONVILLE IN 471303104 990 2014-01-01 351125641 OHIO VALLEY OPPORTUNITIES INC OHIO 8122655858 PO BOX 625 MADISON IN 47250 ELAINA FREEMAN EXECUTIVE DIRECTOR 8122655858 2015-11-13 1 JOHN C PIEPER CPA P00085833 8126703400 2014 2016-04-25 22:37:26Z ELAINA FREEMAN PO BOX 625 MADISON IN 47250 5459765 0 X WWW.OVOINC.ORG X 1965 IN SERVICES FOR LOW INCOME INDIVIDUALS AND FAMILIES TO ATTAIN SELF-SUFFICIENCY. 15 15 90 750 0 0 4907998 5214521 172154 168553 69058 68562 4633 8129 5153843 5459765 1004249 1084138 0 0 1840587 1975960 0 0 0 2415743 2589605 5260579 5649703 -106736 -189938 5546346 5522361 1355151 1521104 4191195 4001257 X AS A COMMUNITY ACTION AGENCY, OVO TACKLES THE ROOT CAUSES OF POVERTY. THROUGH GOOD STEWARDSHIP OF THE FINANCIAL RESOURCES ENTRUSTED TO US, WE PROVIDE OUTCOME-BASED QUALITY SERVICES THAT EMPOWER LOW INCOME INDIVIDUALS AND FAMILIES TO BECOME FINANCIALLY STABLE, REALIZE THEIR FULL POTENTIAL AND BECOME PARTICIPATING CITIZENS AND LEADERS IN THE COMMUNITY IN WHICH THEY LIVE. 0 0 5353668 1084138 176682 THE ORGANIZATION ADMINISTERS VARIOUS PROGRAMS FUNDED BY THE FEDERAL GOVERNMENT AND THE STATE OF INDIANA. THESE FUNDS ARE USED TO PROVIDE FOR THE PLANNING AND DEVELOPMENT OF PROGRAMS THAT INTERVENE AT CRITICAL POINTS IN POVERTY THAT WILL ENABLE FAMILIES AND INDIVIDUALS TO BECOME MORE SELF-SUFFICIENT. THESE PROGRAMS INCLUDE VARIOUS TYPES OF COMMUNITY SERVICES, HOUSING DEVELOPMENT AND ASSISTANCE, REHABILITATION, WEATHERIZATION, CHILD CARE DEVELOPMENT, AND ENERGY ASSISTANCE. THE GRANTS THE ORGANIZATION ADMINISTERS TO ACCOMPLISH ITS PURPOSE PRIMARILY ARE ENERGY ASSISTANCE, WEATHERIZATION, SECTION 8 HOUSING, COMMUNITY SERVICES BLOCK GRANT, AND HEAD START. 5353668 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 163 0 90 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 1 1 0 IN X THE ORGANIZATION 8122655858 PO BOX 625 MADISON IN 47250 PAIGE BARRETT CHAIRPERSON 1.00 X X 0 0 0 JENE BRIDGEWATER SECRETARY 1.00 X X 0 0 0 LINDA GREENE TREASURER 1.00 X X 0 0 0 CHARLES REQUET II DIRECTOR 1.00 X 0 0 0 MARY MURRAY DIRECTOR 1.00 X 0 0 0 RHONDA LUSK DIRECTOR 1.00 X 0 0 0 MELISSA FRISQUE DIRECTOR 1.00 X 0 0 0 BOB GETZ DIRECTOR 1.00 X 0 0 0 JEAN ROBBINS DIRECTOR 1.00 X 0 0 0 JEWELL GRIDER DIRECTOR 1.00 X 0 0 0 SUSAN SCHAFER DIRECTOR 1.00 X 0 0 0 MISSY APPLEGATE DIRECTOR 1.00 X 0 0 0 SHERRI WILLIAMS DIRECTOR 1.00 X 0 0 0 FRAN PHILLIPS DIRECTOR 1.00 X 0 0 0 CHERI MASSEY DIRECTOR 1.00 X 0 0 0 ELAINA FREEMAN EXECUTIVE DIRECTOR 40.00 X 59750 0 1518 CHARLES EVANS CFO THRU 10/2014 40.00 X 66077 0 9493 STEPHEN EIGEL CFO THRU 11/2014 40.00 X 12951 0 0 138778 0 11011 0 0 0 0 P2 CONTRACTING DBA X-TREME EXTERIORS 851 LANIER DRIVE MADISON IN 47250 WEATHERIZATION/REHAB OF HOMES 226277 1 4109 5129945 80467 5214521 APARTMENT RENTAL INCOM 531390 126577 126577 PROGRAM RENTAL INCOME 531390 41976 41976 168553 68562 68562 OTHER INCOME 900099 8129 8129 8129 5459765 168553 0 76691 X 1084138 1084138 149789 134810 14979 1322685 1137509 185176 36500 32850 3650 466986 420287 46699 29700 29403 297 1428688 1414401 14287 6134 6134 95178 85660 9518 70167 70167 102144 88865 13279 63848 60656 3192 65456 65456 231778 231778 38741 38354 387 PROGRAM SERVICE SUPPLIE 152379 147808 4571 REPAIRS AND MAINTENANCE 121037 121037 OTHER COSTS 68980 68980 TENANT EXPENSE 44308 44308 71067 71067 5649703 5353668 296035 0 152401 145458 148097 190285 32225 11462 680000 680000 1157 1157 151159 119260 5866150 1912183 3994535 3953967 386772 420772 5546346 5522361 301917 461534 476 1230 1047208 1052490 5550 5850 1355151 1521104 X 4191195 4001257 4191195 4001257 5546346 5522361 -189938 0 X X 0 1 X 1 1 1 X 6109408 6582880 5265390 4907998 5214521 28080197 6109408 6582880 5265390 4907998 5214521 28080197 28080197 205888 187489 68762 69058 68562 599759 212411 -768 1468 4633 8129 225873 28905829 470704 0.97140 0.96830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 603122 603122 2783154 830323 1952831 1731744 542219 1189525 748130 539641 208489 3953967 INTEREST RECEIVABLE 314347 DEVELOPMENT FEE RECEIVABLE 106425 420772 TENANT SECURITY DEPOSITS 5850 5850 X PART X, LINE 2: THE ORGANIZATION IS A NON-PROFIT CORPORATION INCORPORATED UNDER THE LAWS OF THE STATE OF INDIANA AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE FASB ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS NO LONGER SUBJECT TO FEDERAL OR INDIANA STATE EXAMINATIONS BY TAX AUTHORITIES FOR THE CLOSED TAX YEARS BEFORE 2010. 1 ENERGY ASSISTANCE AND SUMMER COOLING ASSISTANCE 2206 992088 PART I, LINE 2: ONCE THE ORGANIZATION DETERMINES THE RECIPIENTS OF THE ASSISTANCE, PAYMENTS ARE MADE DIRECTLY TO THE VENDOR FOR SERVICES; BY IHCDA INDIANA HOUSING AUTHORITY MONITORING IS DONE BY IHCDA DURING THE CONTRACT YEAR TO VERIFY ELIGIBILITY. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES THE MANAGEMENT DUTIES FOR APARTMENTS TO A MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOESN'T HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND EXECUTIVE DIRECTOR TO REVIEW FOR ACCURACY AND COMPLETENESS BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE REQUIRED TO DISCLOSE TO THE EXECUTIVE DIRECTOR AS SOON AS POSSIBLE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST SO THAT SAFEGUARDS CAN BE ESTABLISHED TO PROTECT ALL PARTIES. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR IS REVIEWED AND DETERMINED BY THE BOARD OF DIRECTORS. ALL COMPENSATION OF THE ORGANIZATION, EXCLUDING THE EXECUTIVE DIRECTOR'S, IS REVIEWED AND DETERMINED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT ITS BUSINESS OFFICE LOCATED IN MADISON, INDIANA. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 15,115. MANAGEMENT AND GENERAL EXPENSES 153. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 15,268. CONTRACTED SERVICES - LANDLORD: PROGRAM SERVICE EXPENSES 1,117,207. MANAGEMENT AND GENERAL EXPENSES 11,285. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,128,492. CONTRACTED SERVICES - OTHER: PROGRAM SERVICE EXPENSES 282,079. MANAGEMENT AND GENERAL EXPENSES 2,849. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 284,928. FORM 990, PART XII, LINE 2C: THE INDEPENDENT AUDITORS PRESENT THE BOARD WITH A DRAFT OF THE FINANCIAL STATEMENTS FOR THEIR APPROVAL. SVCA LP 314 EAST THIRD STREET MADISON IN 47250 201627413 LOW INCOME APARTMENTS IN N/A SVC APARTMENTS INC 314 EAST THIRD STREET MADISON IN 47250 201627354 LOW INCOME APARTMENTS IN OHIO VALLEY OPPORTUNITIES INC C -16 1.00000 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SVCA LP D 994347 OUTSTANDING PRINCIPAL & INTEREST SVCA LP S 106425 DEVELOPMENT FEE RECEIVABLE