LEXINGTON HOME OWNERSHIP COMMISSION II INC

Address
300 W NEW CIRCLE ROAD
LEXINGTON, KY 40505
Contact
Phone: +1 (859) 281-5060
Nonprofit
NTEE: L20 - Housing Development, Construction, Management
EIN: 76-0722550

Mission

DEVELOP HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME FAMILIES.
 20162015201420132012
Basic features of the organization
Year of formation2000
Metropolitan statistical area4280
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers45555
Number of highly compensated contractors000  
Personnel
Cook, Shirley
TitleVICE PRESIDENTVICE PRESIDENTVICE PRESIDENTVICE PRESIDENTVICE PRESIDENT
Name of key/compensated personSHIRLEY COOKSHIRLEY COOKSHIRLEY COOKSHIRLEY COOKSHIRLEY COOK
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org0.100.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.100.100.100.10 
Cooper, Sean
TitleSECRETARY/TREASURERSECRETARY/TREASURERSECRETARY/TREASURERSECRETARY/TREASURERSECRETARY/TREASURER
Name of key/compensated personSEAN COOPERSEAN COOPERSEAN COOPERSEAN COOPERSEAN COOPER
Position of compensated person
Current individual trustee or directorTrue  TrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$27,777.00$27,891.00$28,161.00$26,960.00$22,808.00
Corresponding comp from related orgs
Reportable compensation from related orgs $96,094.00$92,134.00$89,482.00$87,451.00$70,489.00
Average hours per week working for related orgs38.0038.0038.0038.00 
Isenhour, Larry
Title    BOARD MEMBER
Name of key/compensated person    LARRY ISENHOUR
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    0.10
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Kerns, Ken
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personKEN KERNSKEN KERNSKEN KERNSKEN KERNSKEN KERNS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org0.100.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.100.100.100.10 
Koch, Kyna
Title BOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated person KYNA KOCHKYNA KOCHKYNA KOCHKYNA KOCH
Position of compensated person
Current individual trustee or director TrueTrueTrueTrue
Average hours per week working for org 0.100.100.100.10
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Average hours per week working for related orgs 0.100.100.10 
Simms, Austin
TitlePRESIDENTPRESIDENTPRESIDENTPRESIDENTPRESIDENT
Name of key/compensated personAUSTIN SIMMSAUSTIN SIMMSAUSTIN SIMMSAUSTIN SIMMSAUSTIN SIMMS
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org2.002.002.002.002.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$51,776.00$51,456.00$50,974.00$50,004.00$47,453.00
Corresponding comp from related orgs
Reportable compensation from related orgs $185,884.00$175,741.00$176,218.00$176,979.00$177,302.00
Average hours per week working for related orgs38.0038.0038.0038.00 
Smith, Daryl
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER 
Name of key/compensated personDARYL SMITHDARYL SMITHDARYL SMITHDARYL SMITH 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.100.100.100.10 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.100.100.100.10 
Wright, Anthony
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER
Name of key/compensated personANTHONY WRIGHTANTHONY WRIGHTANTHONY WRIGHTANTHONY WRIGHTANTHONY WRIGHT
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org0.100.100.100.100.10
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.100.100.100.10 
Purpose: mission, activities, & accomplishments
Mission or significant activitiesDEVELOP HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME FAMILIES.DEVELOP HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME FAMILIES.DEVELOP HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME FAMILIES.DEVELOP HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME FAMILIES.DEVELOP HOME OWNERSHIP OPPORTUNITIES TO LOW TO MODERATE INCOME FAMILIES.
Program service expenses, total$442,832.00$1,896,541.00$1,465,649.00$226,253.00$211,381.00
Programs, including revenue & expenses
COST ASSOCIATED WITH THE DEVELOPMENT OF HOMES FOR LOW TO MODERATE INCOME FAMILIES.
Program expenses$442,832.00$1,896,541.00$1,465,649.00$226,253.00$211,381.00
Grants and allocations made $1,657,708.00$1,239,314.00  
Program revenue$153,493.00$145,605.00$163,324.00$116,139.00$79,221.00
Program descriptionCOST ASSOCIATED WITH THE DEVELOPMENT OF HOMES FOR LOW TO MODERATE INCOME FAMILIES.COST ASSOCIATED WITH THE DEVELOPMENT OF HOMES FOR LOW TO MODERATE INCOME FAMILIES.COST ASSOCIATED WITH THE DEVELOPMENT OF HOMES FOR LOW TO MODERATE INCOME FAMILIES.COST ASSOCIATED WITH THE DEVELOPMENT OF HOMES FOR LOW TO MODERATE INCOME FAMILIES.COST ASSOCIATED WITH THE DEVELOPMENT OF HOMES FOR LOW TO MODERATE INCOME FAMILIES.
Financial data
Revenue
Total revenue$284,310.00$183,770.00$206,146.00$151,775.00$136,157.00
Revenue from contributions (total)$93,713.00$0.00$0.00$0.00$0.00
Investment income, current yr$37,104.00$38,165.00$41,794.00$35,636.00$56,936.00
Total revenue from grants, etc., current yr$93,713.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$1,028.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$153,493.00$145,605.00$163,324.00$116,139.00$79,221.00
Gross receipts$284,310.00$183,770.00$206,146.00$268,708.00$136,157.00
Sources of contributions
Contributions from related organizations$93,713.00    
Other types of revenue
Miscellaneous revenue (total)  $1,028.00  
Income from dividends, interest, and similar investments$37,104.00$38,165.00$41,794.00$44,569.00$35,717.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$663,900.00$1,922,317.00$1,491,006.00$249,960.00$249,936.00
Total functional expenses: program service $442,832.00$1,896,541.00$1,465,649.00$226,253.00$211,381.00
Total functional expenses: management and general$221,068.00$25,776.00$25,357.00$23,707.00$38,555.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Legal fees (total)$4,549.00$7,698.00$5,046.00$19,394.00$9,854.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$8,179,284.00$8,570,025.00$10,267,270.00$11,612,862.00$14,892,140.00
Total assets, beginning of year$8,570,025.00$10,267,270.00$11,612,862.00$14,892,140.00$15,148,648.00
Total liabilities$580,641.00$591,794.00$550,492.00$611,224.00$759,550.00
Total liabilities, beginning of year$591,794.00$550,492.00$611,224.00$759,550.00$541,592.00
Unrestricted net assets, end of yr$5,615,713.00$5,997,336.00$7,665,017.00$8,900,607.00$8,998,599.00
Temporarily restricted net assets$1,982,930.00$1,980,895.00$2,051,761.00$2,101,031.00$2,094,207.00
Permanently restricted net assets, end of yr   $0.00$3,039,784.00
Net assets$7,598,643.00$7,978,231.00$9,716,778.00$11,001,638.00$14,132,590.00
Net assets, beginning of year$7,978,231.00$9,716,778.00$11,001,638.00$14,132,590.00$14,607,056.00
Other liabilities$223,883.00$311,970.00$240,208.00$271,088.00$317,679.00
Other assets$1,843.00$500,306.00$500,306.00$500,306.00$500,306.00
Investments: publicly traded securities$1,110,015.00$611,237.00$1,658,893.00$1,853,543.00$3,341,542.00
Cash: non-interest bearing  $0.00$2,607.00$2,607.00
Cash: non-interest bearing, beginning of year  $2,607.00$2,607.00$2,607.00
Investments -- program-related    $3,032,767.00
Inventories for sale or use$541,296.00$526,224.00$526,224.00$496,845.00$553,405.00
Other financial variables
Revenue less expenses-$379,590.00-$1,738,547.00-$1,284,860.00-$98,185.00-$113,779.00
Advertising (total)$499.00$616.00$250.00$21.00$253.00
Savings & temp cash investment$3,551,577.00$3,890,686.00$3,975,622.00$4,948,230.00$4,320,635.00
Accounts receivable, net$3,169.00$97,407.00$611,673.00$779,992.00$127,258.00
Prepaid expenses & deferred charges$177.00 $0.00$870.00 
Accounts payable & accrued expenses$13,379.00$2,562.00$1,959.00$15,253.00$102,598.00
Deferred revenue$11,138.00$8,747.00$10,900.00$9,858.00$6,908.00
Secured mortgages and notes payable$332,241.00$268,515.00$297,425.00$315,025.00$332,365.00
Total net assets or fund balances$7,598,643.00$7,978,231.00$9,716,778.00$11,001,638.00$14,132,590.00
Depreciation, depletion, amortization$79,415.00$77,686.00$75,260.00$72,914.00$32,084.00
Governance and accountability
Number of voting members56677
Number of independent voting members45555
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrueTrueTrue 
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2015-07-012014-07-012013-07-012012-07-012011-07-01
Tax year end date2016-06-012015-06-012014-06-012013-06-012012-06-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5k TrueTrue  
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-09-282016-08-082015-07-232014-06-262013-08-07
IRS schema version2015v3.02014v6.02013v4.02012v2.12011v1.5
Filing identifier201711359349308796201641379349307944201531349349304373201401349349304650201311359349306971
Use these data in your project Benchmark this organization against its peers