NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION (EIN 38-3395829)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-06-04
IRS object ID: 201321559349300132
Schema version: 2012v2.1
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
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-06-04T15:11:11-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ANDERSONTACKMAN & COMPANY PLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	16978 S RILEY AVE	AddressLine1
City	KINCHELOE	City
State	MI	State
ZIP Code	49788	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	383395829	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	NORTHERN HOMES COMMUNITY	BusinessNameLine1
Business Name Line2	DEVELOPMENT CORPORATION	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	NORT	NameControl
Phone	2315826244	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 86 1048 E MAIN STREET	AddressLine1
City	BOYNE CITY	City
State	MI	State
ZIP Code	49712	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JANE MACKENZIE	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	2315826244	Phone
Date Signed	2013-05-02	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	AMBER MACK CPA	Name
Phone	9064955952	Phone
Date Prepared	2013-06-04	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	599754	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.NORTHERNHOMES.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1998	YearFormation
State Legal Domicile	MI	StateLegalDomicile
Activity Or Mission Description	CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	4	TotalNbrEmployees
Total Nbr Volunteers	14	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	295481	ContributionsGrantsPriorYear
Contributions Grants Current Year	349980	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	320707	ProgramServiceRevenuePriorYear
Program Service Revenue CY	249621	ProgramServiceRevenueCY
Investment Income Prior Year	40	InvestmentIncomePriorYear
Investment Income Current Year	153	InvestmentIncomeCurrentYear
Other Revenue Prior Year	1462	OtherRevenuePriorYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	617690	TotalRevenuePriorYear
Total Revenue Current Year	599754	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	142292	SalariesEtcPriorYear
Salaries Etc Current Year	140821	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	301	TotalFundrsngExpCurrentYear
Other Expense Prior Year	461452	OtherExpensePriorYear
Other Expenses Current Year	399755	OtherExpensesCurrentYear
Total Expenses Prior Year	603744	TotalExpensesPriorYear
Total Expenses Current Year	540576	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	13946	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	59178	RevenuesLessExpensesCY
Total Assets BOY	1442713	TotalAssetsBOY
Total Assets EOY	1532158	TotalAssetsEOY
Total Liabilities BOY	948118	TotalLiabilitiesBOY
Total Liabilities EOY	978385	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	494595	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	553773	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	CREATE HOUSING FOR LOW INCOME INDIVIDUALS IN SIX COUNTY AREA.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	73230	Expense
Description	FINANCIAL COUNSELING FOR LOW-INCOME FAMILIES IN A NINE COUNTY AREA IN NORTHERN MICHIGAN. SERVED 242 HOUSEHOLDS DURING 2012.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	216001	Expense
Description	COBBLE CREEK I APARTMENTS- DEVELOPED UNDER THE USDA RD 515 PROGRAM. APARTMENTS ARE RENTED TO LOW INCOME HOUSEHOLDS AND HAVE ADDITIONAL PROJECT BASED RENTAL ASSISTANCE.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	46310	Expense
Description	ADMINISTRATION OF APARTMENT MANAGEMENT FOR BELLAIRE SENIOR AND MAPLE VILLAGE APARTMENTS.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	171811	Expense
Description	HOUSING REHABILITATION PROJECT GRANTS THROUGH MSHDA AND OTHER PROJECTS (GROUND LEASE, BRIDGE STREET, EAST JORDAN SENIOR PROJECT).	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	171811	TotalOfOtherProgramServiceExp
Total Program Service Expense	507352	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	3	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	4	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MI	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	JANE MACKENZIE	NamePerson
Telephone Number	2315826496	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	1048 E MAIN ST	AddressLine1
City	BOYNE CITY	City
State	MI	State
ZIP Code	49712	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
RICK ANDERSON
VICE-PRESIDE	2.00	X	0	0	0
SUE CLEARY
TREASURER	2.00	X	0	0	0
TOM JOHNSON
SECRETARY	2.00	X	0	0	0
SHAR GRAWEY
DIRECTOR	2.00	X	0	0	0
JANIS KELLOGG
DIRECTOR	2.00	X	0	0	0
ROGER ROYER
DIRECTOR	2.00	X	0	0	0
MEL MATCHETT
DIRECTOR	2.00	X	0	0	0
JAN BASSETT
PRESIDENT	2.00	X	0	0	0
DAVID WHITE
DIRECTOR	2.00	X	0	0	0
BRIDGET BROWN POWERS
DIRECTOR	2.00	X	0	0	0
BRYAN GILLETT
DIRECTOR	2.00	X	0	0	0
JANE MACKENZIE
EXECUTIVE DI	40.00		57149	0	19442	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	57149	TotalReportableCompFromOrg
Total Other Compensation	19442	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	313310	GovernmentGrants
All Other Contributions	36670	AllOtherContributions
Noncash Contributions	24830	NoncashContributions
Total Contributions	349980	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
COBBLE CREEK RENTS	186126	186126
SITE MANAGEMENT FEES	42800	42800
MISCELLANEOUS	7343	7343
CONSULTING REVENUE	7252	7252
GROUND LEASE INCOME	5400	5400

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	700	TotalRevenueColumn
Related Or Exempt Function Income	700	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	249621	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	153	TotalRevenueColumn
Related Or Exempt Function Income	153	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	599754	TotalRevenueColumn
Related Or Exempt Function Income	249774	RelatedOrExemptFunctionIncome

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	57149	Total
Program Services	53176	ProgramServices
Management And General	3793	ManagementAndGeneral
Fundraising	180	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	52678	Total
Program Services	52678	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	21350	Total
Program Services	19948	ProgramServices
Management And General	1319	ManagementAndGeneral
Fundraising	83	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	9644	Total
Program Services	9009	ProgramServices
Management And General	597	ManagementAndGeneral
Fundraising	38	Fundraising

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	8965	Total
Program Services	450	ProgramServices
Management And General	8515	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	6000	Total
Program Services	6000	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	6924	Total
Program Services	5612	ProgramServices
Management And General	1312	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	1614	Total
Program Services	350	ProgramServices
Management And General	1264	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	72946	Total
Program Services	70214	ProgramServices
Management And General	2732	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	12914	Total
Program Services	10755	ProgramServices
Management And General	2159	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	3148	Total
Program Services	1985	ProgramServices
Management And General	1163	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	42087	Total
Program Services	40798	ProgramServices
Management And General	1289	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	25481	Total
Program Services	25481	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	25178	Total
Program Services	21407	ProgramServices
Management And General	3771	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
REHABILITATION COSTS	118164	118164
OTHER ADMIN	59283	59283
SUPPLIES	4143	2290	1853
COMMUNICATION	4135	3501	634

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	8773	Total
Program Services	6251	ProgramServices
Management And General	2522	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	540576	Total
Program Services	507352	ProgramServices
Management And General	32923	ManagementAndGeneral
Fundraising	301	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	56690	BOY
EOY	72419	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	91980	BOY
EOY	127872	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	8526	BOY
EOY	9505	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1268420	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	67349	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	1223606	BOY
EOY	1201071	EOY

Intangible Assets IntangibleAssets

Field	Value	IRS element (for citing)
BOY	11093	BOY
EOY	10702	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	50818	BOY
EOY	110589	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1442713	BOY
EOY	1532158	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	14730	BOY
EOY	57086	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	1926	BOY
EOY	680	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	748030	BOY
EOY	738233	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	30000	BOY
EOY	30000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	153432	BOY
EOY	152386	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	948118	BOY
EOY	978385	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	199716	BOY
EOY	270922	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	294879	BOY
EOY	282851	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	494595	BOY
EOY	553773	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1442713	BOY
EOY	1532158	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	59178	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Audit Committee	false	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	140466	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	402585	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	90921	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	295481	CurrentTaxYearMinus1Year
Current Tax Year	292938	CurrentTaxYear
Total	1222391	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	140466	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	402585	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	90921	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	295481	CurrentTaxYearMinus1Year
Current Tax Year	292938	CurrentTaxYear
Total	1222391	Total

Field	Value	IRS element (for citing)
Public Support Total170	1222391	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	95	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	158	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	40	CurrentTaxYearMinus1Year
Current Tax Year	153	CurrentTaxYear
Total	446	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	139232	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	322169	CurrentTaxYearMinus1Year
Current Tax Year	306816	CurrentTaxYear
Total	768217	Total

Field	Value	IRS element (for citing)
Total Support	1991054	TotalSupport
Gross Receipts From Admissions Etc	249774	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.61390	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.70800	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	540214	OtherCostOrOtherBasis
Book Value	540214	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	693382	OtherCostOrOtherBasis
Depreciation	48763	Depreciation
Book Value	644619	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	34824	OtherCostOrOtherBasis
Depreciation	18586	Depreciation
Book Value	16238	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1201071	TotalOfBookValueLandBuildings

Other Assets OtherAssets (4 entries)

DescriptionDescription	Book ValueBookValue
CIP	65471
RESERVE FOR REPLACEMENT	31700
TENANT SECURITY DEPOSITS	9141
RESERVE FOR TAXES & INS.	4277

Field	Value	IRS element (for citing)
Total Book Value Other Assets	110589	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
MSHDA REPAYABLE LAND ACQUISITION GRA	$138,661
COBBLE CREEK SECURITY DEPOSITS	$9,141
COMPENSATED ABSENCES	$4,584

Field	Value	IRS element (for citing)
Total Of Amounts	152386	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	599754	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	599754	RevenueSubtotal
Total Revenue Per Form990	599754	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	540576	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	540576	ExpensesSubtotal
Total Expenses Per Form990	540576	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	HOUSING REHABILITATION PROJECT GRANTS THROUGH MSHDA AND OTHER PROJECTS (GROUND LEASE, BRIDGE STREET, EAST JORDAN SENIOR PROJECT).
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	THERE IS A MANAGEMENT AGREEMENT WITH KMG PRESTIGE, INC. TO MANAGE THE COBBLE CREEK I APARTMENTS AS AN AGENT OF NORTHERN HOMES CDC.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND A COPY PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	CONFLICTS OF INTEREST ARE DISCUSSED AT ANNUAL MEETING AND AS NEW CONTRACTS ARE APPROVED.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	ANNUAL PERFORMANCE REVIEW IS PERFORMED FOR THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED ON AND AUTHORIZED BY THE BOARD OF DIRECTORS.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	PERFORMANCE REVIEWS ARE PERFORMED ANNUALLY BY THE EXECUTIVE DIRECTOR AND ANY SALARY INCREASES ARE VOTED UPON BY THE BOARD OF DIRECTORS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	ALL GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST OF THE ORGANIZATION.

NORTHERN HOMES COMMUNITY DEVELOPMENT CORPORATION: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Activity2 Activity2

Activity3 Activity3

Activity Other ActivityOther

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (12 entries)

Program Service Revenue ProgramServiceRevenue (5 entries)

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Investment Income InvestmentIncome

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Other Employee Benefits OtherEmployeeBenefits

Payroll Taxes PayrollTaxes

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Other FeesForServicesOther

Advertising Advertising

Office Expenses OfficeExpenses

Occupancy Occupancy

Travel Travel

Conferences Meetings ConferencesMeetings

Interest Interest

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Intangible Assets IntangibleAssets

Other Assets Total OtherAssetsTotal

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Deferred Revenue DeferredRevenue

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FS Audited Basis FSAuditedBasis

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Total170 Total170

Gross Investment Income170 GrossInvestmentIncome170

Other Income170 OtherIncome170

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Equipment Equipment

Other Assets OtherAssets (4 entries)

Other Liabilities OtherLiabilities (3 entries)

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

Comments