College Hill Community Urban Redevelopment Corporation
Nonprofit profile at a glance
- EIN
- 310873280
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024
- Location
- Cincinnati, OH, USA
- Phone
- 5136811551
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Urban, Community Economic Development
Reported finances
- Revenue
- $2,501,582
- Expenses
- $2,307,997
- Assets
- $13,961,211
- Liabilities
- $10,260,545
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- LADONNA WALLACE SMITH (PRESIDENT)
- CHRIS SALLEY DAVIS (VICE PRESIDENT)
- EMMANUEL KARIKARI (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- EMMANUEL KARIKARI (CHIEF EXECUTIVE OFFICER): $97,754 total reported compensation
- ISMAEL OMER HASSAN (CHIEF OPERATING OFFICER): $49,162 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Revitalize the hamilton avenue business district to improve the surrounding community.
What it reported doing in 2024
Revitalize the hamilton business district including property rehabilitation and rental.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 100
- Accountability: 100
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78.6%; rating input score 79
- Program expense ratio: 85.2%; rating input score 85
- Fundraising efficiency: $7.78 raised per $1 spent on fundraising; rating input score 29; 29th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 7.7%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 6.05; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0.73; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 6.4%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 26.2% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 12.7% per year; rating input score 100; 76th percentile among comparable filings
- Asset growth: 16.9% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 78.6% of revenue deployed · 85.2% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $98K · 15 people listed
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 10 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 29/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.