Hccf Real Estate Supporting Organization

What it reported doing in 2025

The hccf real estate supporting organization, inc. (hccf reso) is a not-for-profit supporting organization of the harrison county community foundation (hccf). The hccf reso was established for the receipt of real estate donations or the location of real estate acquisitions benefitting harrison county, Indiana through hccf. The board of directors of the hccf reso is comprised of the current chair, vice chair, audit committee chair, and two additional hccf board members.the mission of the harrison county community foundation is to inspire and assist everyone to experience philanthropy, producing positive and sustainable growth in harrison county. Hccf's vision is to grow harrison county into the best community to live, work and raise a family. Hccf values generosity, integrity, sustainability, stewardship, innovation, collaboration, inclusion, and excellence.the harrison county community foundation values its role as a catalyst, convener, and collaborator, bringing other funders and nonprofits together around vital issues and adding key support to make positive change possible. Hccf's work is centered around meeting community needs. The hccf reso has three ongoing projects under its umbrella: the boys and girls club of harrison county is housed in an hccf reso-owned building. The arrangement made it possible for the boys and girls club to operate in a facility designed to meet their needs. Approximately 280 kids participate in safe, meaningful after-school and summer programs at this facility.hccf was awarded a $4.5 million implementation grant by lilly endowment inc.in the fall of 2024. With a $3 million commitment to this project by the hccf board of directors, hccf announced the construction of a new boys and girls club in the northern part of harrison county. The hccf reso purchased land just south of palmyra. Construction is set to begin later in 2025. In 2017, hccf partnered with harrison county government and mainstream fiber networks (mfn) to install "backbone" fiber optic cable throughout the county. The hccf reso owns 115 miles of backbone fiber optic cable that will enable over 80% of the residences and businesses through harrison count to plug into reliable high-speed internet. Work continues to provide high-speed internet access throughout the county. Although the initial project is complete, the project partners are aware that some areas of the county are still awaiting access. Mfn continues to install connections, update equipment, secure easements, and address geological issues.

Financial Efficiency

• Mission deployment rate: 29.7%; rating input score 30
• Program expense ratio: 100%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 91.7%; rating input score 92; 15th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: No; rating input score 0

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 5 of 9 controls in place; rating input score 56
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 70.3%; rating input score 95; 95th percentile among comparable filings
• Total-asset coverage ratio: 20.67; rating input score 96; 96th percentile among comparable filings
• Liabilities to assets ratio: 1.1; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 9.7%; rating input score 38; 38th percentile among comparable filings

Growth

• Program expense growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
• Revenue growth: 26.1% per year; rating input score 100; 88th percentile among comparable filings
• Asset growth: 11.3% per year; rating input score 100; 59th percentile among comparable filings